Shareholders' Equity

12 Months Ended

Sep. 30, 2012

Shareholders' Equity

Note 3 — 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
											Shares			Amount
Balance at September 30, 2009	$	332,662	$	1,485,674	$	7,752,831		$	17,906			(95,579,970	)	$	(4,073,699	)
Net income						1,317,610
Cash dividends:
Common ($1.48 per share)						(346,213	)
Common stock issued for:
Share-based compensation plans, net				59,866								2,758,391			16,624
Share-based compensation				79,228
Common stock held in trusts, net									(742	)		34,790			742
Repurchase of common stock												(10,058,820	)		(750,000	)
Balance at September 30, 2010	$	332,662	$	1,624,768	$	8,724,228		$	17,164			(102,845,609	)	$	(4,806,333	)
Net income						1,270,994
Cash dividends:
Common ($1.64 per share)						(361,638	)
Common stock issued for:
Share-based compensation plans, net				95,227								3,432,415			27,939
Share-based compensation				73,165
Common stock held in trusts, net									1,711			3,316			(1,711	)
Repurchase of common stock												(18,434,281	)		(1,500,001	)
Balance at September 30, 2011	$	332,662	$	1,793,160	$	9,633,584		$	18,875			(117,844,159	)	$	(6,280,106	)
Net income						1,169,927
Cash dividends:
Common ($1.80 per share)						(368,133	)
Common stock issued for:
Share-based compensation plans, net				38,540								1,972,763			10,856
Share-based compensation				88,335
Common stock held in trusts, net									42			65,764			(42	)
Repurchase of common stock												(19,945,407	)		(1,500,000	)
Balance at September 30, 2012	$	332,662	$	1,920,035	$	10,435,378		$	18,917			(135,751,039	)	$	(7,769,292	)

Common stock held in trusts represents rabbi trusts in connection with deferred compensation under the Company’s employee salary and bonus deferral plan and directors’ deferral plan.

The components and changes of Accumulated other comprehensive (loss) income were as follows:

	Total			Foreign Currency Translation Adjustments(A)			Benefit Plans Adjustment(B)			Unrealized Gain (Loss) on Investments(B)			Unrealized Losses on Cash Flow Hedges(B)
Balance at September 30, 2011	$	(670,000	)	$	69,694		$	(696,624	)	$	(161	)	$	(42,909	)
Other comprehensive (loss) income		(131,811	)		(18,435	)		(118,115	)		26			4,713
Balance at September 30, 2012	$	(801,811	)	$	51,259		$	(814,739	)	$	(135	)	$	(38,196	)

(A) Foreign currency translation adjustments that were attributable to goodwill in fiscal years 2012 and 2011 were $13,657 and $(12,525), respectively. The adjustments primarily affected goodwill reported within the Medical segment.

(B) Amounts are net of tax.

The loss in foreign currency translation adjustments in fiscal year 2012 mainly represented losses attributable to the weakening of the Euro, as well as certain currencies in Latin America, against the U.S. dollar during fiscal year 2012. These losses were partially offset by gains attributable to the strengthening of certain currencies in Asia Pacific against the U.S. dollar during fiscal year 2012. Income taxes are generally not provided for translation adjustments.

The income tax benefit recorded in fiscal years 2012, 2011, and 2010 for defined benefit pension, postretirement plans and postemployment plans was $47,727, $47,575 and $67,829, respectively. The benefit plans adjustment included in other comprehensive (loss) income for 2012, 2011 and 2010 is net reclassification adjustments of $40,448, $43,230 and $32,186, net of tax, respectively. These reclassifications represent the amortization of prior service credit and amortization of net actuarial losses and have been included in Accumulated other comprehensive (loss) income in prior periods. The taxes associated with these reclassification adjustments in 2012, 2011 and 2010 were $22,750, $23,749 and $17,980, respectively.

The income tax provision (benefit) recorded in fiscal years 2012, 2011 and 2010 for unrealized gains (losses) on cash flow hedges was $2,889, $(20,348) and $27,510, respectively. The unrealized losses on cash flow hedges included in other comprehensive (loss) income for 2012, 2011 and 2010 are net of reclassification adjustments of $4,880, $1,027, and $20,771, net of tax, respectively, for realized net hedge losses recorded to Revenues and Interest expense. These amounts had been included in Accumulated other comprehensive (loss) income in prior periods. The tax benefit associated with these reclassification adjustments in 2012, 2011 and 2010 was $2,991, $629 and $12,731, respectively. Additional disclosures regarding derivatives are included in Note 12.