Capitalization And Short-Term Borrowings (Tables)

12 Months Ended

Sep. 30, 2014

Summary of Changes in Common Stock Equity



	Common Stock			Paid In Capital		Earnings Reinvested in the Business				Accumulated Other Comprehensive Income (Loss)
	Shares	Amount
	(Thousands, except per share amounts)
Balance at September 30, 2011	82,813	$	82,813	$	650,749	$	1,206,022			$	(47,699	)
Net Income Available for Common Stock						220,077
Dividends Declared on Common Stock ($1.44 Per Share)						(119,815		)
Other Comprehensive Loss, Net of Tax										(51,321		)
Share-Based Payment Expense(2)				7,156
Common Stock Issued Under Stock and Benefit Plans(1)	517	517		11,596
Balance at September 30, 2012	83,330	83,330		669,501		1,306,284				(99,020		)
Net Income Available for Common Stock						260,001
Dividends Declared on Common Stock ($1.48 Per Share)						(123,668		)
Other Comprehensive Income, Net of Tax										79,786
Share-Based Payment Expense(2)				11,537
Common Stock Issued Under Stock and Benefit Plans(1)	332	332		6,646
Balance at September 30, 2013	83,662	83,662		687,684		1,442,617				(19,234		)
Net Income Available for Common Stock						299,413
Dividends Declared on Common Stock ($1.52 Per Share)						(127,669		)
Other Comprehensive Income, Net of Tax										15,255
Share-Based Payment Expense(2)				10,654
Common Stock Issued Under Stock and Benefit Plans(1)	495	495		17,806
Balance at September 30, 2014	84,157	$	84,157	$	716,144	$	1,614,361		(3)	$	(3,979	)


(1)	Paid in Capital includes tax benefits of $4.6 million, $0.7 million and $1.0 million for September 30, 2014, 2013 and 2012, respectively, related to stock-based compensation.


(2)	Paid in Capital includes compensation costs associated with stock option, SARs, performance share and/or restricted stock awards. The expense is included within Net Income Available For Common Stock, net of tax benefits.


(3)	The availability of consolidated earnings reinvested in the business for dividends payable in cash is limited under terms of the indentures covering long-term debt. At September 30, 2014, $1.5 billion of accumulated earnings was free of such limitations.

Transactions involving option shares for all plans are summarized as follows:



	Number of Shares Subject to Option		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
						(In thousands)
Outstanding at September 30, 2013	803,500		$	34.71
Granted in 2014	—		$	—
Exercised in 2014	(321,500	)	$	31.71
Forfeited in 2014	—		$	—
Outstanding at September 30, 2014	482,000		$	36.71	1.80	$	16,039
Option shares exercisable at September 30, 2014	482,000		$	36.71	1.80	$	16,039
Option shares available for future grant at September 30, 2014(1)	712,232


(1)	Includes shares available for SARs, restricted stock and performance share grants.

Transactions involving SARs for all plans are summarized as follows:



	Number of Shares Subject To Option		Weighted Average Exercise Price		Weighted Average Remaining Contractual Life (Years)	Aggregate Intrinsic Value
						(In thousands)
Outstanding at September 30, 2013	2,002,704		$	46.73
Granted in 2014	—		$	—
Exercised in 2014	(209,222	)	$	34.90
Forfeited in 2014	—		$	—
Canceled in 2014	—		$	—
Outstanding at September 30, 2014	1,793,482		$	48.11	5.93	$	39,246
SARs exercisable at September 30, 2014	1,434,023		$	46.65	5.45	$	33,466

Transactions involving restricted share awards for all plans are summarized as follows:



	Number of Restricted Share Awards		Weighted Average Fair Value per Award
Outstanding at September 30, 2013	127,453		$	51.69
Granted in 2014	—		$	—
Vested in 2014	(34,601	)	$	58.17
Forfeited in 2014	(3,334	)	$	55.09
Outstanding at September 30, 2014	89,518		$	49.05

Transactions involving non-performance based restricted stock units for all plans are summarized as follows:



	Number of Restricted Stock Units		Weighted Average Fair Value per Award
Outstanding at September 30, 2013	143,500		$	51.53
Granted in 2014	82,151		$	65.24
Vested in 2014	(12,432	)	$	60.54
Forfeited in 2014	(8,700	)	$	54.53
Outstanding at September 30, 2014	204,519		$	56.36

Transactions involving performance based restricted stock units for all plans are summarized as follows:



	Number of Performance Based Restricted Stock Units		Weighted Average Fair Value per Award
Outstanding at September 30, 2013	255,604		$	49.51
Granted in 2014	—		$	—
Vested in 2014	—		$	—
Forfeited in 2014	(21,728	)	$	48.49
Outstanding at September 30, 2014	233,876		$	49.61

Transactions involving performance shares for all plans are summarized as follows:



	Number of Performance Shares		Weighted Average Fair Value per Award
Outstanding at September 30, 2013	—		$	—
Granted in 2014	116,090		$	67.16
Vested in 2014	—		$	—
Forfeited in 2014	(17,624	)	$	67.16
Outstanding at September 30, 2014	98,466		$	67.16

The outstanding long-term debt is as follows:


(1)	The Medium-Term Notes and Notes are unsecured.


(2)	None of the Company’s long-term debt at September 30, 2014 and 2013 will mature within the following twelve-month period.


(3)	The holders of these notes may require the Company to repurchase their notes at a price equal to 101% of the principal amount in the event of both a change in control and a ratings downgrade to a rating below investment grade.

Performance Shares [Member]

The following assumptions were used in estimating the fair value of the TSR performance shares at the date of grant:



	Year Ended September 30
	2014		2013	2012
Risk-Free Interest Rate	0.62	%	N/A	N/A
Remaining Term at Date of Grant (Years)	2.78		N/A	N/A
Expected Volatility	28.3	%	N/A	N/A
Expected Dividend Yield (Quarterly)	N/A		N/A	N/A

Stock Appreciation Rights (SARs) [Member]

The following weighted average assumptions were used in estimating the fair value of SARs at the date of grant:



	Year Ended September 30
	2014	2013		2012
Risk-Free Interest Rate	N/A	1.55	%	1.59	%
Expected Life (Years)	N/A	8.25		8.25
Expected Volatility	N/A	25.61	%	24.97	%
Expected Dividend Yield (Quarterly)	N/A	0.69	%	0.64	%