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Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Sep. 30, 2018
ASSETS    
Cash and equivalents $ 1,494 $ 1,093
Receivables, less allowances of $112 in 2019 and $113 in 2018 2,985 3,023
Inventories 1,880 1,813
Other current assets 780 690
Total current assets 7,139 6,619
Property, plant and equipment, net 3,642 3,562
Other assets    
Goodwill 6,536 6,455
Other intangible assets 2,615 2,751
Other 565 1,003
Total other assets 9,716 10,209
Total assets 20,497 20,390
LIABILITIES AND EQUITY    
Short-term borrowings and current maturities of long-term debt 1,444 1,623
Accounts payable 1,874 1,943
Accrued expenses 2,658 2,598
Total current liabilities 5,976 6,164
Long-term debt 4,277 3,137
Other liabilities 1,971 2,099
Equity    
Common stock, $0.50 par value per share; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 611.0 shares in 2019 and 629.2 shares in 2018 477 477
Additional paid-in-capital 393 348
Retained earnings 24,199 23,072
Accumulated other comprehensive income (loss) (1,722) (1,015)
Common stockholders' equity before treasury stock 23,347 22,882
Less: Cost of common stock in treasury, 342.4 shares in 2019 and 324.2 shares in 2018 15,114 13,935
Common stockholders’ equity 8,233 8,947
Noncontrolling interests in subsidiaries 40 43
Total equity 8,273 8,990
Total liabilities and equity $ 20,497 $ 20,390