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Shareholders' Equity
 12 Months Ended
Sep. 30, 2024
Stockholders' Equity Note [Abstract]  
Shareholders' Equity Shareholders’ Equity
Changes in certain components of shareholders’ equity were as follows:
 Common
Stock  Issued
at Par Value		Capital in
Excess of
Par Value		Retained
Earnings		Deferred
Compensation		Treasury Stock
(Millions of dollars)Shares (in
thousands)		Amount
Balance at September 30, 2021$365 $19,272 $13,826 $23 (80,164)$(7,723)
Net income— — 1,779 — — — 
Cash dividends:
Common ($3.48 per share)
— — (992)— — — 
Preferred— — (90)— — — 
Issuance of shares under employee and other plans, net— (108)(1)— 1,271 44 
Share-based compensation— 239 — — — — 
Common stock held in trusts, net (a)— — — — 25 — 
Repurchase of common stock— 150 — — (2,415)(650)
Spin-off of Embecta (See Note 2)
— — 634 — — — 
Balance at September 30, 2022$365 $19,553 $15,157 $23 (81,283)$(8,330)
Net income— — 1,484 — — — 
Cash dividends:
Common ($3.64 per share)
— — (1,046)— — — 
Preferred— — (60)— — — 
Issuance of shares for preferred shares converted to common shares (b)6 (4)— — — — 
Issuance of shares under employee and other plans, net— (88)— 1 1,056 24 
Share-based compensation— 259 — — — — 
Common stock held in trusts, net (a)— — — — 24 — 
Balance at September 30, 2023$371 $19,720 $15,535 $24 (80,203)$(8,305)
Net income— — 1,705 — — — 
Cash dividends:
Common ($3.80 per share)
— — (1,100)— — — 
Issuance of shares under employee and other plans, net— (73)— 1 801 2 
Share-based compensation— 247 — — — — 
Common stock held in trusts, net (a)— — — — 27 — 
Repurchase of common stock— — — — (2,118)(503)
Balance at September 30, 2024$371 $19,893 $16,139 $25 (81,493)$(8,807)
(a)Common stock held in trusts consists of the Company’s shares held in rabbi trusts in connection with deferred compensation under the Company’s employee salary and bonus deferral plan and directors’ deferral plan.
(b)Represents the conversion, in accordance with their terms, of 1.500 million mandatory convertible preferred shares that were issued in May 2020 were converted into 5.955 million shares of BD common stock on the mandatory conversion date of June 1, 2023.
Share Repurchases
In fiscal year 2024, the Company executed and settled accelerated share repurchase (“ASR”) agreements for the repurchase of 2.118 million shares of its common stock for total consideration of $500 million, excluding a 1% excise tax on share repurchases of $3 million, which was recorded as an increase to Treasury stock.
In fiscal year 2022, the Company executed an ASR agreement in which 1.953 million common shares were repurchased and delivered in fiscal year 2022 for $500 million, and were recorded as an increase to Treasury stock. Also in fiscal year 2022, $150 million was recorded as an increase to Treasury stock, with an offsetting increase to Capital in excess of par value for the delivery of 462 thousand shares upon final settlement of a separate ASR agreement which was executed in fiscal year 2021.
The share repurchases discussed above were made pursuant to the repurchase program authorized by the Board of Directors on September 24, 2013 for 10 million shares, which was fully utilized as of September 30, 2022, and a repurchase program authorized by the Board of Directors on November 3, 2021 for up to an additional 10 million shares of BD common stock, for which there is no expiration date.
The components and changes of Accumulated other comprehensive income (loss) were as follows:
(Millions of dollars)TotalForeign
Currency
Translation		Benefit PlansCash Flow
Hedges		Available-for-Sale Debt Securities
Balance at September 30, 2021$(2,088)$(1,292)$(784)$(10)$— 
Other comprehensive income before reclassifications, net of taxes306 54 169 83 — 
Amounts reclassified into income, net of
taxes		43 — 41 2 — 
Spin-off of Embecta (See Note 2)
251 251 — — — 
Balance at September 30, 2022$(1,488)$(987)$(574)$75 $— 
Other comprehensive (loss) income before reclassifications, net of taxes(106)(91)(37)21 — 
Amounts reclassified into income, net of
taxes		46 — 41 6 — 
Balance at September 30, 2023$(1,548)$(1,078)$(571)$103 $— 
Other comprehensive loss before reclassifications, net of taxes(227)(166)(32)(28)(1)
Amounts reclassified into income, net of
taxes		42 — 46 (4)— 
Balance at September 30, 2024$(1,732)$(1,244)$(557)$70 $(1)
The amount of foreign currency translation recognized in other comprehensive income during the years ended September 30, 2024, 2023 and 2022 included net (losses) gains relating to net investment hedges, as further discussed in Note 14. The amount recognized in other comprehensive income relating to cash flow hedges in 2024 is primarily related to foreign exchange contracts and forward starting interest rate swaps, which were terminated during fiscal year 2024. The amounts recognized in other comprehensive income relating to cash flow hedges in 2023 and 2022 are primarily related to forward starting interest rate swaps. Additional disclosures regarding the Company's derivatives are provided in Note 14.
The tax impacts for benefit plans and cash flow hedges recognized in other comprehensive income before reclassifications in 2024, 2023 and 2022 were immaterial to the Company's consolidated financial results. The tax impacts for reclassifications out of Accumulated other comprehensive income (loss) relating to benefit plans and cash flow hedges in 2024, 2023 and 2022 were also immaterial to the Company's consolidated financial results.