Retirement Plans (Tables)

12 Months Ended

Sep. 30, 2013

Compensation and Retirement Disclosure [Abstract]

Projected Benefit Payments from Plans

The Company does not expect to make any significant contributions to its postretirement plans in fiscal year 2014. Projected benefit payments from the plans as of September 30, 2013 are estimated as follows (in millions):

2014	$	21
2015	21
2016	22
2017	23
2018	23
2019-2023	102

The Company expects to contribute approximately $80 million in cash to its defined benefit pension plans in fiscal 2014. Projected benefit payments from the plans as of September 30, 2013 are estimated as follows (in millions):

2014	$	265
2015	262
2016	268
2017	269
2018	275
2019-2023	1,456

Plan Assets by Asset Category

The Company’s plan assets at September 30, 2013 and 2012, by asset category, are as follows (in millions):

	Fair Value Measurements Using:
Asset Category	Total as of September 30, 2013		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. Pension
Cash	$	30	$	30	$	—	$	—
Equity Securities
Large-Cap	525		525		—		—
Small-Cap	261		261		—		—
International - Developed	523		523		—		—
Fixed Income Securities
Government	173		166		7		—
Corporate/Other	842		652		190		—
Hedge Funds	17		—		—		17
Real Estate	285		—		—		285
Total	$	2,656	$	2,157	$	197	$	302
Non-U.S. Pension
Cash	$	30	$	30	$	—	$	—
Equity Securities
Large-Cap	132		132		—		—
International - Developed	371		269		102		—
International - Emerging	31		31		—		—
Fixed Income Securities
Government	376		376		—		—
Corporate/Other	531		531		—		—
Commodities	6		6		—		—
Hedge Fund	89		—		—		89
Real Estate	90		81		—		9
Total	$	1,656	$	1,456	$	102	$	98
Postretirement
Cash	$	10	$	10	$	—	$	—
Equity Securities
Large-Cap	36		36		—		—
Small-Cap	12		12		—		—
International - Developed	29		29		—		—
International - Emerging	14		14		—		—
Fixed Income Securities
Government	24		24		—		—
Corporate/Other	71		71		—		—
Commodities	17		17		—		—
Real Estate	13		13		—		—
Total	$	226	$	226	$	—	$	—

	Fair Value Measurements Using:
Asset Category	Total as of September 30, 2012		Quoted Prices in Active Markets (Level 1)		Significant Other Observable Inputs (Level 2)		Significant Unobservable Inputs (Level 3)
U.S. Pension
Cash	$	25	$	25	$	—	$	—
Equity Securities
Large-Cap	781		781		—		—
Small-Cap	324		324		—		—
International - Developed	617		617		—		—
Fixed Income Securities
Government	685		685		—		—
Corporate/Other	219		219		—		—
Hedge Funds	94		—		—		94
Real Estate	240		—		—		240
Total	$	2,985	$	2,651	$	—	$	334
Non-U.S. Pension
Cash	$	61	$	61	$	—	$	—
Equity Securities
Large-Cap	134		134		—		—
International - Developed	383		383		—		—
International - Emerging	46		46		—		—
Fixed Income Securities
Government	334		334		—		—
Corporate/Other	540		540		—		—
Commodities	12		12		—		—
Hedge Fund	56		—		—		56
Real Estate	91		83		—		8
Total	$	1,657	$	1,593	$	—	$	64
Postretirement
Cash	$	6	$	6	$	—	$	—
Equity Securities
Large-Cap	35		35		—		—
Small-Cap	11		11		—		—
International - Developed	25		25		—		—
International - Emerging	14		14		—		—
Fixed Income Securities
Government	26		26		—		—
Corporate/Other	74		74		—		—
Commodities	20		20		—		—
Real Estate	12		12		—		—
Total	$	223	$	223	$	—	$	—

Summary of Changes in Fair Value of Assets Measured Using Significant Unobservable Inputs (Level 3)

The following sets forth a summary of changes in the fair value of assets measured using significant unobservable inputs (Level 3) (in millions):

	Total			Hedge Funds			Real Estate
U.S. Pension
Asset value as of September 30, 2011	$	298		$	94		$	204
Additions net of redemptions	11			—			11
Unrealized gain	25			—			25
Asset value as of September 30, 2012	$	334		$	94		$	240
Additions net of redemptions	(74		)	(80		)	6
Realized gain	32			13			19
Unrealized gain (loss)	10			(10		)	20
Asset value as of September 30, 2013	$	302		$	17		$	285
Non-U.S. Pension
Asset value as of September 30, 2011	$	7		$	—		$	7
Additions net of redemptions	48			48			—
Unrealized gain	9			8			1
Asset value as of September 30, 2012	$	64		$	56		$	8
Additions net of redemptions	31			31			—
Unrealized gain	3			2			1
Asset value as of September 30, 2013	$	98		$	89		$	9

Accumulated Benefit Obligations and Reconciliations of Changes in Projected Benefit Obligation, Changes in Plan Assets and Funded Status

The table that follows contains the ABO and reconciliations of the changes in the PBO, the changes in plan assets and the funded status (in millions):

	Pension Benefits												Postretirement Benefits
	U.S. Plans						Non-U.S. Plans
September 30,	2013			2012			2013			2012			2013			2012
Accumulated Benefit Obligation	$	2,839		$	3,586		$	1,905		$	1,904		$	—		$	—
Change in Projected Benefit Obligation
Projected benefit obligation at beginning of year	3,736			2,953			2,025			1,852			266			259
Service cost	90			69			38			41			5			5
Interest cost	151			150			64			73			11			13
Plan participant contributions	—			—			5			6			6			7
Acquisitions	—			—			2			6			—			—
Divestitures (1)	—			—			(20		)	(2		)	—			—
Actuarial (gain) loss	(452		)	722			84			109			(21		)	7
Amendments made during the year	(2		)	—			1			(6		)	—			—
Benefits and settlements paid	(621		)	(158		)	(176		)	(93		)	(22		)	(31		)
Estimated subsidy received	—			—			—			—			1			2
Curtailment	—			—			(15		)	(2		)	—			—
Other	—			—			4			41			—			2
Currency translation adjustment	—			—			(15		)	—			(1		)	2
Projected benefit obligation at end of year	$	2,902		$	3,736		$	1,997		$	2,025		$	245		$	266
Change in Plan Assets
Fair value of plan assets at beginning of year	$	2,985		$	2,372		$	1,657		$	1,471		$	223		$	156
Actual return on plan assets	282			504			110			155			12			35
Acquisitions	—			—			1			—			—			—
Divestitures	—			—			—			(1		)	—			—
Employer and employee contributions	10			267			85			97			13			63
Benefits paid	(136		)	(158		)	(64		)	(74		)	(22		)	(31		)
Settlement payments	(485		)	—			(112		)	(19		)	—			—
Other	—			—			3			16			—			—
Currency translation adjustment	—			—			(24		)	12			—			—
Fair value of plan assets at end of year	$	2,656		$	2,985		$	1,656		$	1,657		$	226		$	223
Funded status	$	(246	)	$	(751	)	$	(341	)	$	(368	)	$	(19	)	$	(43	)
Amounts recognized in the statement of financial position consist of:
Prepaid benefit cost	$	29		$	3		$	83		$	61		$	51		$	39
Accrued benefit liability	(275		)	(754		)	(424		)	(429		)	(70		)	(82		)
Net amount recognized	$	(246	)	$	(751	)	$	(341	)	$	(368	)	$	(19	)	$	(43	)
Weighted Average Assumptions (2)
Discount rate (3)	4.90		%	4.15		%	3.60		%	3.40		%	4.90		%	4.15		%
Rate of compensation increase	3.30		%	3.25		%	2.60		%	2.40		%	NA			NA

(1) Fiscal 2013 includes $14 million of projected benefit obligations transferred to liabilities held for sale on the consolidated statement of financial position for non-U.S. plans. Refer to Note 3, "Assets and Liabilities Held for Sale," of the notes to consolidated financial statements for further information regarding the Company's disposal groups classified as held for sale.

(2) Plan assets and obligations are determined based on a September 30 measurement date at September 30, 2013 and 2012.

(3) The Company considers the expected benefit payments on a plan-by-plan basis when setting assumed discount rates. As a result, the Company uses different discount rates for each plan depending on the plan jurisdiction, the demographics of participants and the expected timing of benefit payments. For the U.S. pension and postretirement plans, the Company uses a discount rate provided by an independent third party calculated based on an appropriate mix of high quality bonds. For the non-U.S. pension and postretirement plans, the Company consistently uses the relevant country specific benchmark indices for determining the various discount rates.

Amounts in Accumulated Other Comprehensive Income, Exclusive of Tax Impacts, that have not yet been Recognized as Components of Net Periodic Benefit Cost

The amounts in accumulated other comprehensive income on the consolidated statement of financial position, exclusive of tax impacts, that have not yet been recognized as components of net periodic benefit cost at September 30, 2013 are as follows (in millions):

	Pension Benefits			Postretirement  Benefits
Accumulated other comprehensive loss (income)
Net transition obligation	$	1		$	—
Net prior service credit	(10		)	(9		)
Total	$	(9	)	$	(9	)

Amounts in Accumulated Other Comprehensive Income Expected to be Recognized as Components of Net Periodic Benefit Cost over Next Fiscal Year

The amounts in accumulated other comprehensive income expected to be recognized as components of net periodic benefit cost over the next fiscal year are shown below (in millions):

	Pension Benefits		Postretirement  Benefits
Amortization of:
Net transition obligation	$	—	$	—
Net prior service credit	—		(7		)
Total	$	—	$	(7	)

Components of Net Periodic Benefit Cost

The table that follows contains the components of net periodic benefit cost (in millions):

	Pension Benefits																		Postretirement Benefits
	U.S. Plans									Non-U.S. Plans
Year ended September 30,	2013			2012			2011			2013			2012			2011			2013			2012			2011
Components of Net Periodic Benefit Cost (Credit):
Service cost	$	90		$	69		$	66		$	38		$	41		$	34		$	5		$	5		$	5
Interest cost	151			150			145			64			73			70			11			13			13
Expected return on plan assets	(232		)	(214		)	(203		)	(71		)	(75		)	(75		)	(13		)	(11		)	—
Net actuarial (gain) loss	(433		)	432			336			48			30			43			(20		)	(15		)	5
Amortization of prior service cost (credit)	1			1			1			(1		)	(1		)	2			(17		)	(17		)	(17		)
Curtailment gain	—			—			—			(26		)	(2		)	(19		)	—			—			—
Settlement (gain) loss	(69		)	—			—			(1		)	—			4			—			—			—
Net periodic benefit cost (credit)	$	(492	)	$	438		$	345		$	51		$	66		$	59		$	(34	)	$	(25	)	$	6
Expense Assumptions:
Discount rate	4.15		%	5.25		%	5.50		%	3.40		%	4.00		%	4.00		%	4.15		%	5.25		%	5.50		%
Expected return on plan assets	8.00		%	8.50		%	8.50		%	4.55		%	5.15		%	5.50		%	5.80		%	6.30		%	NA
Rate of compensation increase	3.25		%	3.30		%	3.20		%	2.45		%	2.45		%	3.00		%	NA			NA			NA