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Debt and Financing Arrangements (Tables)
 9 Months Ended
Jun. 30, 2017
Debt Disclosure [Abstract]  
Components of Net Financing Charges
The Company's net financing charges line item in the consolidated statements of income for the three and nine month periods ended June 30, 2017 and 2016 contained the following components (in millions):
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2017
 
2016
 
2017
 
2016
 
 
 
 
 
 
 
 
Interest expense, net of capitalized interest costs
$
115

 
$
66

 
$
343

 
$
203

Banking fees and bond cost amortization
14

 
7

 
55

 
19

Interest income
(4
)
 
(4
)
 
(16
)
 
(8
)
Net foreign exchange results for financing activities
(1
)
 
(4
)
 
(6
)
 
(12
)
Net financing charges
$
124

 
$
65

 
$
376

 
$
202


Net financing charges for the nine month period ended June 30, 2017 included $17 million of transaction costs related primarily to the debt exchange offers.