Long-Term Debt (Tables)

6 Months Ended

Mar. 31, 2022

Debt Disclosure [Abstract]

Schedule of Long-term Debt

Long-Term debt, net of discounts where applicable, is summarized as follows (in millions):

	March 31, 2022		September 30, 2021
3.25 percent convertible notes due 2037 (1)	$	321	$	321
4.50 percent notes due 2028	271		270
6.25 percent notes due 2025	296		296
Term loan due 2024	144		153
Finance lease obligation	12		10
Borrowings and securitization (2)	95		—
Unamortized discount on convertible notes (1)	—		(23)
Subtotal	1,139		1,027
Less: short-term debt	(114)		(19)
Long-term debt	$	1,025	$	1,008

(1) Unamortized debt discount on the 3.25 Percent Convertible Notes was derecognized upon adoption of ASU 2020-06 on October 1, 2021 (see Note 3).

(2) Amount relates to a draw on securitization.