Related Party Transactions (Notes)

9 Months Ended

Jun. 30, 2020

In the ordinary course of business, the Company enters into transactions with related parties, such as equity affiliates. Such transactions consist of facility management services, the sale or purchase of goods and other arrangements.

The net sales to and purchases from related parties included in the consolidated statements of income for continuing operations were $52 million and $25 million, respectively, for the three months ended June 30, 2020; and $65 million and $27 million, respectively, for the three months ended June 30, 2019. The net sales to and purchases from related parties included in the consolidated statements of income for continuing operations were $135 million and $47 million, respectively, for the nine months ended June 30, 2020; and $162 million and $57 million, respectively, for the nine months ended June 30, 2019.

The following table sets forth the amount of accounts receivable due from and payable to related parties in the consolidated statements of financial position for continuing operations (in millions):


	June 30, 2020		September 30, 2019

Receivable from related parties	$	50	$	34
Payable to related parties	7		6