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Acquisitions (Tables)
3 Months Ended
Dec. 31, 2018
Business Combinations [Abstract]  
Preliminary Purchase Price Estimates Fair Value of Assets Acquired and Liabilities Assumed

The allocation of the purchase price set forth below was based on estimates of the fair value of assets acquired and liabilities assumed.

 

 

 

(In millions)

 

Assets

 

 

 

 

Cash

 

$

1

 

Accounts receivable

 

 

5

 

Inventories

 

 

3

 

Property, plant and equipment

 

 

7

 

Intangible assets

 

 

29

 

Goodwill

 

 

33

 

Total assets acquired

 

 

78

 

 

 

 

 

 

Liabilities

 

 

 

 

Current liabilities

 

 

(3

)

Deferred tax liabilities

 

 

(10

)

Total liabilities assumed

 

 

(13

)

 

 

 

 

 

Cash consideration paid

 

$

65