Leases (Tables)

12 Months Ended

Sep. 30, 2021

The components of the Company’s lease costs were as follows:

Supplemental cash flow information related to the Company’s leases was as follows:

	Years Ended September 30
	2021		2020
	(In millions)
Cash paid for amounts included in the measurement of lease liabilities:
Operating cash flows from operating leases	$	20	$	25
Operating cash flows from finance leases		2		2
Financing cash flows from finance leases		3		3
Right-of-use assets obtained in exchange for new operating lease liabilities	$	6	$	14
Right-of-use assets obtained in exchange for new finance lease liabilities	$	4	$	24

Supplemental balance sheet information related to the Company’s leases was as follows:

Description	Balance Sheet Classification	September 30, 2021		September 30, 2020
		(In millions)
Lease ROU assets:
Operating	Other assets	$	90	$	98
Finance	Net property, plant and equipment		44		44
Total lease ROU assets		$	134	$	142

Lease liabilities:
Current:
Operating	Accounts payable and accrued liabilities	$	14	$	15
Finance	Current portion of long-term debt		4		3
Long-term:
Operating	Other liabilities		84		89
Finance	Long-term debt		29		28
Total lease liabilities		$	131	$	135

The following table presents the weighted-average remaining lease term and discount rates for the Company’s leases:

Description	September 30, 2021			September 30, 2020
Weighted-average remaining lease term (years):
Operating leases		17			17
Finance leases		11			12
Weighted-average discount rate:
Operating leases		2.41	%		2.19	%
Finance leases		5.76	%		4.42	%

Future minimum lease payments under non-cancelable operating and finance leases as of September 30, 2021 were as follows: