Derivative Instruments and Hedging Activities (Tables)

12 Months Ended

Sep. 30, 2013

Derivative Instruments and Hedging Activities Disclosure [Abstract]

Outstanding Commodity Hedge Contracts

The Company had the following outstanding commodity hedge contracts that hedge forecasted purchases:

		Volume Outstanding as of
Commodity	Units	September 30, 2013	September 30, 2012
Copper	Pounds	14,705,000	13,135,000
Lead	Metric Tons	23,900	21,200
Aluminum	Metric Tons	2,709	2,868
Tin	Metric Tons	2,052	1,344

Location and Fair Values of Derivative Instruments and Hedging Activities

The following table presents the location and fair values of derivative instruments and hedging activities included in the Company’s consolidated statements of financial position (in millions):

	Derivatives and Hedging  Activities Designated as Hedging Instruments under ASC 815				Derivatives and Hedging Activities Not Designated as Hedging Instruments under ASC 815
	September 30, 2013		September 30, 2012		September 30, 2013		September 30, 2012
Other current assets
Foreign currency exchange derivatives	$	19	$	14	$	14	$	8
Commodity derivatives	8		11		—		—
Interest rate swaps	2		2		—		—
Cross-currency interest rate swaps	7		1		—		—
Other noncurrent assets
Interest rate swaps	3		6		—		—
Equity swap	—		—		183		123
Total assets	$	39	$	34	$	197	$	131
Other current liabilities
Foreign currency exchange derivatives	$	21	$	17	$	11	$	9
Commodity derivatives	3		—		—		—
Current portion of long-term debt
Fixed rate debt swapped to floating	452		401		—		—
Long-term debt
Fixed rate debt swapped to floating	927		456		—		—
Total liabilities	$	1,403	$	874	$	11	$	9

Location and Amount of Gains and Losses Gross of Tax on Derivative Instruments and Related Hedge Items

The following tables present the location and amount of the effective portion of gains and losses gross of tax on derivative instruments and related hedge items reclassified from AOCI into the Company’s consolidated statements of income for the fiscal years ended September 30, 2013 and 2012 and amounts recorded in AOCI net of tax in the consolidated statements of financial position (in millions):

	Location of Gain (Loss) Reclassified from AOCI into Income	Amount of Gain (Loss) Reclassified from AOCI into Income
Derivatives in ASC 815 Cash Flow Hedging Relationships		Year Ended September 30,
		2013		2012
Foreign currency exchange derivatives	Cost of sales	$	1	$	(19	)
Commodity derivatives	Cost of sales	2		(25		)
Forward treasury locks	Net financing charges	2		2
Total		$	5	$	(42	)

Derivatives in ASC 815 Cash Flow Hedging Relationships	Amount of Gain (Loss) Recognized in AOCI on Derivative
	September 30, 2013			September 30, 2012
Foreign currency exchange derivatives	$	(3	)	$	(3	)
Commodity derivatives	3			7
Forward treasury locks	7			8
Total	$	7		$	12

	Location of Gain (Loss) Recognized in Income on Derivative	Amount of Gain (Loss) Recognized in Income on Derivative
Derivatives in ASC 815 Fair Value Hedging Relationships		Year Ended September 30,
		2013			2012
Interest rate swap	Net financing charges	$	(2	)	$	(8	)
Fixed rate debt swapped to floating	Net financing charges	2			9
Total		$	—		$	1

	Location of Gain (Loss) Recognized in Income on Derivative	Amount of Gain (Loss) Recognized in Income on Derivative
Derivatives Not Designated as Hedging Instruments under ASC 815		Year Ended September 30,
		2013			2012
Foreign currency exchange derivatives	Cost of sales	$	(8	)	$	23
Foreign currency exchange derivatives	Net financing charges	25			(19		)
Foreign currency exchange derivatives	Provision for income taxes	(5		)	1
Equity swap	Selling, general and administrative	65			6
Total		$	77		$	11