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Fair Value Measurements (Tables)
6 Months Ended
Mar. 31, 2016
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value
The following tables present the Company’s fair value hierarchy for those assets and liabilities measured at fair value as of March 31, 2016September 30, 2015 and March 31, 2015 (in millions):
 
Fair Value Measurements Using:
 
Total as of
March 31, 2016
 
Quoted Prices
in Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Other current assets
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
21

 
$

 
$
21

 
$

Commodity derivatives
1

 

 
1

 

Other noncurrent assets
 
 
 
 
 
 
 
Interest rate swaps
3

 

 
3

 

Investments in marketable common stock
4

 
4

 

 

Equity swap
147

 
147

 

 

Total assets
$
176

 
$
151

 
$
25

 
$

Other current liabilities
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
60

 
$

 
$
60

 
$

Commodity derivatives
3

 

 
3

 

Cross-currency interest rate swaps
7

 

 
7

 

Current portion of long-term debt
 
 
 
 
 
 
 
Fixed rate debt swapped to floating
403

 

 
403

 

Long-term debt
 
 
 
 
 
 
 
Foreign currency denominated debt
329

 
329

 

 

Fixed rate debt swapped to floating
450

 

 
450

 

Total liabilities
$
1,252

 
$
329

 
$
923

 
$

 
 
Fair Value Measurements Using:
 
Total as of
September 30, 2015
 
Quoted Prices
in Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Other current assets
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
58

 
$

 
$
58

 
$

Interest rate swaps
1

 

 
1

 

Cross-currency interest rate swaps
5

 

 
5

 

Other noncurrent assets
 
 
 
 
 
 
 
Interest rate swaps
5

 

 
5

 

Investments in marketable common stock
4

 
4

 

 

Equity swap
164

 
164

 

 

Total assets
$
237

 
$
168

 
$
69

 
$

Other current liabilities
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
63

 
$

 
$
63

 
$

Commodity derivatives
7

 

 
7

 

Cross-currency interest rate swaps
1

 

 
1

 

Current portion of long-term debt
 
 
 
 
 
 
 
Fixed rate debt swapped to floating
801

 

 
801

 

Long-term debt
 
 
 
 
 
 
 
Fixed rate debt swapped to floating
855

 

 
855

 

Total liabilities
$
1,727

 
$

 
$
1,727

 
$

 
Fair Value Measurements Using:
 
Total as of
March 31, 2015
 
Quoted Prices
in Active
Markets
(Level 1)
 
Significant
Other
Observable
Inputs
(Level 2)
 
Significant
Unobservable
Inputs
(Level 3)
Other current assets
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
78

 
$

 
$
78

 
$

Cross-currency interest rate swaps
20

 

 
20

 

Interest rate swaps
2

 

 
2

 

Other noncurrent assets
 
 
 
 
 
 
 
Interest rate swaps
2

 

 
2

 

Investments in marketable common stock
5

 
5

 

 

Equity swap
205

 
205

 

 

Total assets
$
312

 
$
210

 
$
102

 
$

Other current liabilities
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
72

 
$

 
$
72

 
$

Commodity derivatives
7

 

 
7

 

Current portion of long-term debt
 
 
 
 
 
 
 
Fixed rate debt swapped to floating
801

 

 
801

 

Long-term debt
 
 
 
 
 
 
 
Fixed rate debt swapped to floating
853

 

 
853

 

Total liabilities
$
1,733

 
$

 
$
1,733

 
$