SHAREHOLDERS' EQUITY (Tables)

12 Months Ended

Sep. 30, 2022

Equity [Abstract]

Dividends Declared and Paid

The following table details dividends declared and dividends paid on our preferred stock for the year ended September 30, 2022.

	Year ended September 30, 2022
$ in millions, except per share amounts	Total dividends		Per preferred share amount
Dividends declared:
Series A Preferred Stock	$	1	$	33.75
Series B Preferred Stock	3		$	31.88
Total preferred stock dividends declared	$	4
Dividends paid:
Series A Preferred Stock	$	1	$	16.88
Series B Preferred Stock	1		$	15.94
Total preferred stock dividends paid	$	2

Dividends per common share declared and paid are detailed in the following table for each respective period.

	Year ended September 30,
	2022		2021		2020
Dividends per common share - declared	$	1.36	$	1.04	$	0.99
Dividends per common share - paid	$	1.28	$	1.03	$	0.97

Our dividend payout ratio is detailed in the following table for each respective period and is computed by dividing dividends declared per common share by earnings per diluted common share.

	Year ended September 30,
	2022		2021		2020
Dividend payout ratio	19.5	%	15.7	%	25.4	%

Schedule of AOCI

The following table presents the net change in AOCI as well as the changes, and the related tax effects, of each component of AOCI.

$ in millions	Net investment hedges		Currency translations		Subtotal: net investment hedges and currency translations		Available-for-sale securities		Cash flow hedges		Total
Year ended September 30, 2022
AOCI as of beginning of year	$	81	$	(90)	$	(9)	$	(5)	$	(27)	$	(41)
OCI:
OCI before reclassifications and taxes	95		(186)		(91)		(1,208)		85		(1,214)
Amounts reclassified from AOCI, before tax	—		—		—		—		9		9
Pre-tax net OCI	95		(186)		(91)		(1,208)		94		(1,205)
Income tax effect	(23)		—		(23)		311		(24)		264
OCI for the year, net of tax	72		(186)		(114)		(897)		70		(941)
AOCI as of end of year	$	153	$	(276)	$	(123)	$	(902)	$	43	$	(982)
Year ended September 30, 2021
AOCI as of beginning of year	$	115	$	(140)	$	(25)	$	89	$	(53)	$	11
OCI:
OCI before reclassifications and taxes	(44)		48		4		(119)		19		(96)
Amounts reclassified from AOCI, before tax	—		2		2		(7)		15		10
Pre-tax net OCI	(44)		50		6		(126)		34		(86)
Income tax effect	10		—		10		32		(8)		34
OCI for the year, net of tax	(34)		50		16		(94)		26		(52)
AOCI as of end of year	$	81	$	(90)	$	(9)	$	(5)	$	(27)	$	(41)
Year ended September 30, 2020
AOCI as of beginning of year	$	110	$	(135)	$	(25)	$	21	$	(19)	$	(23)
OCI:
OCI before reclassifications and taxes	7		(5)		2		94		(51)		45
Amounts reclassified from AOCI, before tax	—		—		—		(3)		5		2
Pre-tax net OCI	7		(5)		2		91		(46)		47
Income tax effect	(2)		—		(2)		(23)		12		(13)
OCI for the year, net of tax	5		(5)		—		68		(34)		34
AOCI as of end of year	$	115	$	(140)	$	(25)	$	89	$	(53)	$	11