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Stock-based Compensation (Tables)
12 Months Ended
Sep. 30, 2017
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]  
Schedule of share-based payment award, performance share, valuation assumptions [Table Text Block]
 
Year Ended September 30, 2017
Risk-free interest rate
1.40%
Expected volatility of the Company's stock
21.00%
Assumptions Used in Black-Scholes Option Valuation Model
 
Year Ended September 30,
 
2017
 
2016
 
2015
Expected life of option (years)
4.75 & 6.5
 
6.4
 
6.6
Risk-free interest rate
1.23% - 1.93%
 
1.64% - 1.70%
 
1.61% - 1.93%
Expected volatility of the Company’s stock
24.60%
 
36.00%
 
36.00%
Expected dividend yield on the Company’s stock
2.21%
 
2.11%
 
2.02%
Summary of Stock Option Activity
A summary of stock option activity at September 30, 2017, and changes for the year then ended, is presented below:
 
Weighted
Average
Option Price
 
Shares
Subject to
Option
 
Weighted
Average
Remaining
Contractual
Life (years)
 
Aggregate
Intrinsic
Value
(in millions)
Outstanding, September 30, 2016
$
32.07

 
22,332,233

 
 
 
 
Spin conversion
31.02

 
1,547,096

 
 
 
 
Granted
41.73

 
2,841,686

 
 
 
 
Exercised
28.33

 
(5,919,790
)
 
 
 
 
Forfeited or expired
42.33

 
(1,070,782
)
 
 
 
 
Outstanding, September 30, 2017
$
32.76

 
19,730,443

 
4.9
 
$
187

Exercisable, September 30, 2017
$
33.16

 
15,054,034

 
4.0
 
$
180

Assumptions Used in Black-Scholes Stock Appreciation Rights Valuation Model
The assumptions used to determine the fair value of the SAR awards at September 30, 2017 were as follows:
Expected life of SAR (years)
0.5 - 5.5
Risk-free interest rate
1.06% - 1.98%
Expected volatility of the Company’s stock
24.60%
Expected dividend yield on the Company’s stock
2.21%
Summary of Stock Appreciation Rights Activity
A summary of SAR activity at September 30, 2017, and changes for the year then ended, is presented below:
 
Weighted
Average
SAR Price
 
Shares
Subject to
SAR
 
Weighted
Average
Remaining
Contractual
Life (years)
 
Aggregate
Intrinsic
Value
(in millions)
Outstanding, September 30, 2016
$
30.49

 
1,201,165

 
 
 
 
Spin conversion
28.06

 
29,241

 
 
 
 
Granted
41.73

 
15,693

 
 
 
 
Exercised
29.62

 
(290,378
)
 
 
 
 
Forfeited or expired
39.17

 
(62,410
)
 
 
 
 
Outstanding, September 30, 2017
$
27.02

 
893,311

 
3.8
 
$
12

Exercisable, September 30, 2017
$
26.40

 
853,260

 
3.5
 
$
12

Summary of Nonvested Restricted Stock Awards
A summary of the status of the Company’s nonvested restricted stock awards at September 30, 2017, and changes for the fiscal year then ended, is presented below:
 
Weighted
Average
Price
 
Shares/Units
Subject to
Restriction
Nonvested, September 30, 2016
$
47.27

 
9,566,044

Spin conversion
43.88

 
482,312

Granted
41.66

 
1,773,465

Vested
40.83

 
(3,045,375
)
Forfeited
44.53

 
(1,814,740
)
Nonvested, September 30, 2017
$
44.48

 
6,961,706

Summary of Nonvested PSUs
A summary of the status of the Company’s nonvested PSUs at September 30, 2017, and changes for the fiscal year then ended, is presented below:
 
Weighted
Average
Price
 
Shares/Units
Subject to
PSU
Nonvested, September 30, 2016
$

 

Granted
43.43

 
1,259,342

Forfeited
44.98

 
(139,954
)
Nonvested, September 30, 2017
$
43.24

 
1,119,388