LONG-TERM DEBT

12 Months Ended

Sep. 30, 2025

The details of long-term debt follow:


	2024		2025
3.15% notes due June 2025	$	500	—
1.25% euro notes due October 2025	557		587
0.875% notes due October 2026	750		750
1.80% notes due October 2027	500		500
2.00% notes due December 2028	1,000		1,000
2.00% euro notes due October 2029	557		587
1.95% notes due October 2030	500		500
3.00% euro notes due March 2031	—		587
2.20% notes due December 2031	1,000		1,000
6.00% notes due August 2032	250		250
5.00% notes due March 2035	—		500
3.50% euro notes due March 2037	—		587
6.125% notes due April 2039	250		250
5.25% notes due November 2039	300		300
2.75% notes due October 2050	500		500
2.80% notes due December 2051	1,000		1,000
Other	23		26
Long-term debt	7,687		8,924
Less: Current maturities	532		605
Total, net	$	7,155	8,319

Long-term debt maturing during each of the four years after 2026 is $757, $528, $997 and $584, respectively. Total interest paid on long-term debt was approximately $221, $193 and $200 in 2025, 2024 and 2023, respectively.

During the year, the Company repaid $500 of 3.15% notes that matured in June 2025. In March 2025, the Company issued €500 of 3.0% notes due March 2031, $500 of 5.0% notes due March 2035, and €500 of 3.5% notes due March 2037. The Company used the net proceeds from the sale of the notes and increased commercial paper borrowings (see Note 12), along with cash on hand, to fund the AspenTech transaction (see Note 4). In 2024, the Company repaid $529 of 0.375% euro notes that matured in May 2024.

The Company maintains a universal shelf registration statement on file with the SEC under which it can issue debt securities, preferred stock, common stock, warrants, share purchase contracts or share purchase units without a predetermined limit. Securities can be sold in one or more separate offerings with the size, price and terms to be determined at the time of sale.