Debt and Financing Arrangements (Tables)

12 Months Ended

Sep. 30, 2014

Debt Disclosure [Abstract]

Short-Term Debt

Short-term debt consisted of the following (in millions):

	September 30,
	2014			2013
Bank borrowings and commercial paper	$	183		$	119
Weighted average interest rate on short-term debt outstanding	3.8		%	4.6		%

Long-Term Debt

Long-term debt consisted of the following (in millions; due dates by fiscal year):

	September 30,
	2014		2013
Unsecured notes
Floating rate notes due in 2014 ($350 million par value)	$	—	$	350
1.75% due in 2014 ($450 million par value)	—		452
7.7% due in 2015 ($125 million par value)	125		125
5.5% due in 2016 ($800 million par value)	802		802
7.125% due in 2017 ($150 million par value)	156		159
2.6% due in 2017 ($400 million par value)	400		400
2.355% due in 2017 ($46 million par value)	46		46
1.4% due in 2018 ($300 million par value)	298		—
5.0% due in 2020 ($500 million par value)	499		498
4.25% due 2021 ($500 million par value)	498		497
3.75% due in 2022 ($450 million par value)	448		448
3.625% due in 2024 ($500 million par value)	500		—
6.0% due in 2036 ($400 million par value)	395		395
5.7% due in 2041 ($300 million par value)	299		299
5.25% due in 2042 ($250 million par value)	250		250
4.625% due in 2044 ($450 million par value)	447		—
6.95% due in 2046 ($125 million par value)	125		125
4.95% due in 2064 ($450 million par value)	449		—
Capital lease obligations	55		65
Foreign-denominated debt
Euro	663		426
Other	42		42
Gross long-term debt	6,497		5,379
Less: current portion	140		819
Net long-term debt	$	6,357	$	4,560

Components Of Net Financing Charges

The Company's net financing charges line item in the consolidated statements of income for the years ended September 30, 2014, 2013 and 2012 contained the following components (in millions):

	Year Ended September 30,
	2014			2013			2012
Interest expense, net of capitalized interest costs	$	254		$	255		$	237
Banking fees and bond cost amortization	18			21			21
Interest income	(10		)	(19		)	(17		)
Net foreign exchange results for financing activities	(18		)	(10		)	(10		)
Net financing charges	$	244		$	247		$	231