Debt (Tables)

12 Months Ended

Sep. 30, 2016

Debt Disclosure [Abstract]

Summary of Short-Term Debt

Short-term debt at September 30 consisted of:

(Millions of dollars)	2016		2015
Domestic loans payable	$	200	$	700
Current portion of long-term debt
1.750% Notes due November 8, 2016	500		—
1.450% Notes due May 15, 2017	300		—
Floating rate notes due June 15, 2016	—		750
Other	1		2
Total short-term debt	$	1,001	$	1,452

Summary of Long-Term Debt

Long-Term Debt at September 30 consisted of:

(Millions of dollars)		2016		2015
1.750% Notes due November 8, 2016		$	—	$	499
1.450% Notes due May 15, 2017	(A)	—		300
1.800% Notes due December 15, 2017	(B)	1,248		1,246
4.900% Notes due April 15, 2018		201		202
5.000% Notes due May 15, 2019		498		497
6.375% Notes due August 1, 2019	(A)	776		802
2.675% Notes due December 15, 2019	(B)	1,245		1,244
3.250% Notes due November 12, 2020		698		697
3.125% Notes due November 8, 2021		1,018		1,013
3.300% Notes due March 1, 2023	(A)	304		305
3.875% Notes due May 15, 2024	(A)	417		419
3.734% Notes due December 15, 2024	(B)	1,740		1,739
7.000% Debentures due August 1, 2027		168		168
6.700% Debentures due August 1, 2028		167		167
6.000% Notes due May 15, 2039		246		246
5.000% Notes due November 12, 2040		297		296
4.875% Notes due May 15, 2044	(A)	333		334
4.685% Notes due December 15, 2044	(B)	1,190		1,190
Other long-term debt		4		5
Total Long-Term Debt		$	10,550	$	11,370

(A) Represents senior unsecured notes issued in the April 2015 exchange of all validly tendered and accepted CareFusion notes for notes issued by the Company, as further discussed above.

(B) Represents senior unsecured notes issued in December 2014 in connection with the CareFusion acquisition

Summary of Interest Costs and Payments

A summary of interest costs and payments for the years ended September 30 is as follows:

(Millions of dollars)	2016		2015		2014
Charged to operations	$	388	$	371	$	135
Capitalized	30		30		32
Total interest costs	$	418	$	401	$	167
Interest paid, net of amounts capitalized	$	392	$	313	$	135