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Acquisitions and Divestitures (Tables)
6 Months Ended
Mar. 31, 2022
Business Combinations [Abstract]  
Summary of Assets and Liabilities Held for Sale

The assets and liabilities of the Performance Adhesives segment, along with other properties, have been reflected as assets and liabilities held for sale as described above. As a result, in accordance with U.S. GAAP standards, depreciation and amortization were not being recorded within the Statements of Consolidated Comprehensive Income (Loss) and the Condensed Consolidated Balance Sheets. These assets and liabilities are comprised of the following components:

 

 

March 31

 

 

September 30

 

(In millions)

 

2022

 

 

2021

 

Accounts receivable, net

 

$

 

 

$

26

 

Inventories

 

 

 

 

 

27

 

Net property, plant and equipment

 

 

4

 

 

 

80

 

Goodwill

 

 

 

 

 

453

 

Operating lease assets, net

 

 

 

 

 

10

 

Other assets

 

 

 

 

 

1

 

Current assets held for sale

 

$

4

 

 

$

597

 

 

 

 

 

 

 

 

Trade and other payables

 

$

 

 

$

33

 

Accrued expenses and other liabilities

 

 

 

 

 

7

 

Current operating lease obligations

 

 

 

 

 

1

 

Operating lease obligations

 

 

 

 

 

9

 

Current liabilities held for sale

 

$

 

 

$

50