Nonconsolidated Partially-Owned Affiliates (Notes)

12 Months Ended

Sep. 30, 2017

Equity Method Investments and Joint Ventures [Abstract]

NONCONSOLIDATED PARTIALLY-OWNED AFFILIATES

Investments in the net assets of nonconsolidated partially-owned affiliates are stated in the "Investments in partially-owned affiliates" line in the consolidated statements of financial position as of September 30, 2017 and 2016. Equity in the net income of nonconsolidated partially-owned affiliates is stated in the "Equity income" line in the consolidated statements of income for the years ended September 30, 2017, 2016 and 2015.

The following table presents summarized financial data for the Company’s nonconsolidated partially-owned affiliates. The amounts included in the table below represent 100% of the results of continuing operations of such nonconsolidated partially-owned affiliates accounted for under the equity method.

Summarized balance sheet data as of September 30 is as follows (in millions):



	2017		2016
Current assets	$	4,034	$	3,085
Noncurrent assets	1,513		1,436
Total assets	$	5,547	$	4,521

Current liabilities	$	2,470	$	1,864
Noncurrent liabilities	478		554
Noncontrolling interests	33		41
Shareholders’ equity	2,566		2,062
Total liabilities and shareholders’ equity	$	5,547	$	4,521

Summarized income statement data for the years ended September 30 is as follows (in millions):



	2017		2016		2015
Net sales	$	6,445	$	5,329	$	3,527
Gross profit	1,510		1,323		718
Net income	517		415		195
Income attributable to noncontrolling interests	11		16		—
Net income attributable to the entity	506		399		195