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Fair Value Measurements (Tables)
12 Months Ended
Sep. 30, 2016
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]  
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 September 30, 2016 and 2015 (in millions):
 
 
Fair Value Measurements Using:
 
Total as of
September 30, 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
$
74

 
$

 
$
74

 
$

Commodity derivatives
4

 

 
4

 

Other noncurrent assets
 
 
 
 
 
 
 
Interest rate swaps
1

 

 
1

 

Investments in marketable common stock
3

 
3

 

 

Total assets
$
82

 
$
3

 
$
79

 
$

Other current liabilities
 
 
 
 
 
 
 
Foreign currency exchange derivatives
$
59

 
$

 
$
59

 
$

Current portion of long-term debt
 
 
 
 
 
 
 
Fixed rate debt swapped to floating
551

 

 
551

 

Long-term debt
 
 
 
 
 
 
 
Foreign currency denominated debt
1,486

 
1,486

 

 

Fixed rate debt swapped to floating
301

 

 
301

 

Total liabilities
$
2,397

 
$
1,486

 
$
911

 
$

 
 
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

 
$