v3.25.2
Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2025
Jun. 30, 2024
Jun. 30, 2025
Jun. 30, 2024
Net sales $ 4,553 $ 4,380 $ 13,161 $ 12,873
Cost of sales 2,160 2,066 6,161 6,359
Selling, general and administrative expenses 1,266 1,254 3,773 3,827
Gain on subordinated interest 0 0 0 (79)
Loss on Copeland note receivable 0 279 0 279
Other deductions, net 298 294 944 1,075
Interest expense (net of interest income of $32, $31, $105 and $120, respectively) 95 56 145 157
Earnings from continuing operations before income taxes 734 455 2,138 1,341
Income taxes 154 88 536 266
Earnings from continuing operations 580 367 1,602 1,075
Discontinued operations, net of tax of $5, $2, $27 and $2, respectively 6 (15) 7 (88)
Net earnings 586 352 1,609 987
Less: Noncontrolling interests in subsidiaries 0 23 (48) 15
Net earnings common stockholders 586 329 1,657 972
Earnings common stockholders:        
Earnings from continuing operations 580 344 1,650 1,060
Discontinued operations $ 6 $ (15) $ 7 $ (88)
Basic earnings per share common stockholders:        
Earnings from continuing operations (in dollars per share) $ 1.03 $ 0.60 $ 2.92 $ 1.85
Discontinued operations (in dollars per share) 0.01 (0.02) 0.01 (0.15)
Basic earnings per common share (in dollars per share) 1.04 0.58 2.93 1.70
Diluted earnings per share common stockholders:        
Earnings from continuing operations (in dollars per share) 1.03 0.60 2.91 1.84
Discontinued operations (in dollars per share) 0.01 (0.03) 0.01 (0.15)
Diluted earnings per common share (in dollars per share) $ 1.04 $ 0.57 $ 2.92 $ 1.69
Weighted average outstanding shares:        
Basic (in shares) 562.1 571.9 564.5 571.4
Diluted (in shares) 564.7 574.8 567.1 574.1
Related Party        
Interest income from related party $ 0 $ (24) $ 0 $ (86)