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Acquisitions and Divestitures (Tables)
9 Months Ended
Jun. 30, 2021
Business Acquisition [Line Items]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The following table summarizes the current preliminary values of the assets acquired and liabilities assumed at the date of acquisition.

 

 

At April 30,

 

Preliminary purchase price allocation (In millions)

 

2021

 

Assets:

 

 

 

Cash and cash equivalents

 

$

3

 

Accounts receivable

 

 

6

 

Inventories

 

 

12

 

Net property, plant and equipment

 

 

3

 

Goodwill

 

 

129

 

Intangibles

 

 

185

 

Liabilities:

 

 

 

Trade and other payables

 

 

(3

)

Deferred income taxes

 

 

(18

)

Employee benefit obligations

 

 

(6

)

Total purchase price

 

$

311

 

Schedule of Finite-Lived Intangible Assets as Part of Business Combination

The following details the total intangible assets identified as of April 30, 2021.

 

 

 

 

 

Weighted-average

 

 

 

 

 

amortization period

Intangible asset type (in millions)

 

Value

 

 

(years)

Trademarks and trade names

 

$

42

 

 

20

Intellectual property

 

 

24

 

 

9

Customer and supplier relationships

 

 

119

 

 

20

Total

 

$

185