To better align its resources with its growth strategies and reduce the cost structure of its global operations in certain underlying markets, the Company commits to restructuring plans as necessary. Restructuring activities generally result in charges for workforce reductions, plant closures, asset impairments and other related costs which are reported as restructuring and impairment costs in the Company’s consolidated statements of income. The Company expects the restructuring actions to reduce cost of sales and SG&A due to reduced employee-related costs, depreciation and amortization expense.

During the fourth quarter of fiscal 2024, the Company committed to a multi-year restructuring plan to address stranded costs and further right-size its global operations as a result of portfolio simplification actions. It is expected that the plan will be completed in fiscal 2027 and the Company will incur one-time restructuring costs, including severance and other employee termination benefits, contract termination costs, and certain other related cash and non-cash charges, totaling approximately $400 million.


	Three Months Ended March 31, 2026		Six Months Ended March 31, 2026		Inception to March 31, 2026

Americas	$	23	$	32	$	83
EMEA	7		18		67
APAC	2		5		22
Corporate	4		18		65
Total	$	36	$	73	$	237

The following table summarizes changes in the reserve under the Company's restructuring plan announced in the fourth quarter of fiscal 2024, which is included within other current liabilities in the consolidated statements of financial position (in millions):


	Employee Severance and Termination Benefits		Long-Lived Asset Impairments		Other		Total

Balance at September 30, 2025	$	39	$	—	$	5	$	44
Restructuring and related costs	34		33		6		73
Utilized—cash	(58)		—		(2)		(60)
Utilized—noncash	—		(33)		—		(33)

Other	14		—		4		18


Balance at March 31, 2026	$	29	$	—	$	13	$	42