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Condensed Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2022
Jun. 30, 2021
Jun. 30, 2022
Jun. 30, 2021
Income Statement [Abstract]        
Revenues $ 4,641 $ 4,607 $ 14,109 $ 14,282
Cost of products sold 2,574 2,649 7,709 7,738
Selling and administrative expense 1,149 1,200 3,527 3,434
Research and development expense 315 330 956 911
Acquisition-related integration and restructuring expense 55 24 118 121
Other operating expense (income), net 11 (88) 7 208
Total Operating Costs and Expenses 4,104 4,114 12,316 12,412
Operating Income 537 492 1,793 1,870
Interest expense (99) (115) (294) (358)
Interest income 5 2 9 7
Other (expense) income, net (21) (1) (45) 22
Income from Continuing Operations Before Income Taxes 421 378 1,463 1,541
Income tax provision (benefit) 31 (28) 115 92
Net Income from Continuing Operations 390 407 1,348 1,450
(Loss) Income from Discontinued Operations, Net of Tax (30) 118 144 378
Net Income 360 525 1,491 1,827
Preferred stock dividends (23) (23) (68) (68)
Net income applicable to common shareholders $ 338 $ 502 $ 1,424 $ 1,760
Income (Loss) from Continuing Operations, Per Basic Share $ 1.29 $ 1.33 $ 4.49 $ 4.76
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share (0.10) 0.41 0.50 1.30
Basic Earnings per Share (USD per share) 1.18 1.73 4.99 6.06
Income (Loss) from Continuing Operations, Per Diluted Share 1.28 1.32 4.45 4.72
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share (0.10) 0.40 0.50 1.29
Diluted Earnings per Share (USD per share) 1.18 1.72 4.95 6.00
Dividends per Common Share (USD per share) $ 0.87 $ 0.83 $ 2.61 $ 2.49