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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2020
Mar. 31, 2020
Dec. 31, 2019
Jun. 30, 2019
Mar. 31, 2019
Dec. 31, 2018
Jun. 30, 2020
Jun. 30, 2019
Income Statement [Abstract]                
Revenues $ 3,855     $ 4,350     $ 12,333 $ 12,706
Cost of products sold 2,195     2,276     6,962 6,684
Selling and administrative expense 980     1,076     3,126 3,238
Research and development expense 262     282     797 792
Acquisitions and other restructurings 74     90     235 281
Other operating (income) expense, net (15)     0     (15) 61
Total Operating Costs and Expenses 3,497     3,725     11,104 11,056
Operating Income 358     626     1,229 1,649
Interest expense (135)     (156)     (405) (498)
Interest income 2     2     5 8
Other income (expense), net 23     (11)     12 19
Income Before Income Taxes 248     460     842 1,178
Income tax (benefit) provision (38)     9     96 107
Net Income 286     451     746 1,071
Preferred stock dividends (9)     (38)     (84) (114)
Net income applicable to common shareholders $ 277     $ 413     $ 662 $ 957
Basic Earnings per Share (USD per share) $ 0.98     $ 1.53     $ 2.41 $ 3.55
Diluted Earnings per Share (USD per share) 0.97     1.51     2.38 3.49
Dividends per Common Share (USD per share) $ 0.79 $ 0.79 $ 0.79 $ 0.77 $ 0.77 $ 0.77 $ 2.37 $ 2.31