v3.25.1
Acquisitions (Tables)
 6 Months Ended
Mar. 31, 2025
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]  
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed The aggregate purchase price allocation is as follows (in millions):
Purchase Price Allocation
Receivables$8 
Inventory22 
Goodwill 283 
Intangible assets313 
All other assets11 
Total assets acquired637 
Less: Deferred tax liability(9)
Less: Liabilities assumed(19)
Net assets acquired$609 
Purchase Consideration
Cash consideration, net of cash acquired$566 
Contingent consideration43 
Total purchase consideration, net of cash acquired$609 
The aggregate purchase price allocation is as follows (in millions):
Purchase Price Allocation
Receivables$8 
Goodwill 133 
Intangible assets47 
All other assets1 
Total assets acquired189 
Less: Liabilities assumed(6)
Net assets acquired$183 
Purchase Consideration
Total purchase consideration, net of cash acquired$183 
Schedule of Business Acquisitions by Acquisition, Contingent Consideration
The following table presents the fair value of the contingent consideration in the Consolidated Balance Sheet (in millions):
Period ended February 29, 2024Period ended February 28, 2025Total
Contingent consideration as of December 31, 2023$17 $26 $43 
Adjustment for earnout achieved for first performance period(7)— (7)
Adjustment to fair value— (21)(21)
Payment of earnout achieved for first performance period(10)— (10)
Contingent consideration as of September 30, 2024$— $5 $5 
Adjustment for earnout forfeited for second performance period— (5)(5)
Contingent consideration as of March 31, 2025$— $— $—