Condensed Consolidated Statement of Operations - USD ($) shares in Millions, $ in Millions |
3 Months Ended | 6 Months Ended | ||
|---|---|---|---|---|
Mar. 31, 2016 |
Mar. 31, 2015 |
Mar. 31, 2016 |
Mar. 31, 2015 |
|
| Sales: | ||||
| Product sales | $ 1,101 | $ 1,138 | $ 2,069 | $ 2,173 |
| Service sales | 210 | 203 | 411 | 394 |
| Total sales | 1,311 | 1,341 | 2,480 | 2,567 |
| Costs, expenses and other: | ||||
| Product cost of sales | 760 | 794 | 1,451 | 1,512 |
| Service cost of sales | 147 | 143 | 292 | 282 |
| Selling, general and administrative expenses | 160 | 152 | 323 | 289 |
| Interest expense | 17 | 15 | 32 | 30 |
| Other income, net | (8) | (4) | (10) | (5) |
| Total costs, expenses and other | 1,076 | 1,100 | 2,088 | 2,108 |
| Income from continuing operations before income taxes | 235 | 241 | 392 | 459 |
| Income tax expense | 63 | 78 | 87 | 127 |
| Income from continuing operations | 172 | 163 | 305 | 332 |
| Income (loss) from discontinued operations, net of taxes | (1) | (6) | 1 | (8) |
| Net income | $ 171 | $ 157 | $ 306 | $ 324 |
| Basic | ||||
| Continuing operations | $ 1.31 | $ 1.23 | $ 2.33 | $ 2.50 |
| Discontinued operations | 0.00 | (0.04) | 0.00 | (0.06) |
| Basic earnings per share | 1.31 | 1.19 | 2.33 | 2.44 |
| Diluted | ||||
| Continuing operations | 1.30 | 1.22 | 2.30 | 2.48 |
| Discontinued operations | (0.01) | (0.05) | 0.01 | (0.06) |
| Diluted earnings per share | $ 1.29 | $ 1.17 | $ 2.31 | $ 2.42 |
| Weighted average common shares: | ||||
| Basic | 130.8 | 132.2 | 131.1 | 132.6 |
| Diluted | 132.3 | 133.7 | 132.7 | 134.1 |
| Cash dividends per share | $ 0.33 | $ 0.30 | $ 0.66 | $ 0.60 |