Spin-Off of Embecta Corp. (Tables)

9 Months Ended

Jun. 30, 2023

Discontinued Operations and Disposal Groups [Abstract]

Disposal Groups, Including Discontinued Operations

Details of Income from Discontinued Operations, Net of Tax, which represent the historical results of the Diabetes Care business prior to the spin-off date of April 1, 2022, are as follows:

	Nine Months Ended June 30,
Millions of dollars	2022
Revenues	$	538
Cost of products sold	143
Selling and administrative expense	78
Research and development expense	32
Other operating expense, net	95
Total Operating Costs and Expenses	348
Operating Income	190
Interest expense	(4)
Income from Discontinued Operations Before Income Taxes	186
Income tax provision	42
Income from Discontinued Operations, Net of Tax	$	144