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Quarterly Financial Information | 12 Months Ended
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Sep. 30, 2019
Quarterly Financial Data [Abstract] |
Quarterly Financial Information | QUARTERLY FINANCIAL INFORMATION (UNAUDITED)
| First Quarter |  | Second Quarter |  | Third Quarter |  | Fourth Quarter |  | Full Year
| 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |
Net sales | $ | 3,816 |  |  | 4,147 |  |  | 4,248 |  |  | 4,570 |  |  | 4,456 |  |  | 4,684 |  |  | 4,888 |  |  | 4,971 |  |  | 17,408 |  |  | 18,372 |
Gross profit | $ | 1,614 |  |  | 1,761 |  |  | 1,817 |  |  | 1,925 |  |  | 1,942 |  |  | 2,001 |  |  | 2,059 |  |  | 2,128 |  |  | 7,432 |  |  | 7,815 |
Net earnings common stockholders | $ | 392 |  |  | 465 |  |  | 482 |  |  | 520 |  |  | 712 |  |  | 604 |  |  | 617 |  |  | 717 |  |  | 2,203 |  |  | 2,306 |
Net earnings per common share: |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |  |
Basic | $ | 0.61 |  |  | 0.74 |  |  | 0.76 |  |  | 0.85 |  |  | 1.13 |  |  | 0.98 |  |  | 0.98 |  |  | 1.17 |  |  | 3.48 |  |  | 3.74 |
Diluted | $ | 0.61 |  |  | 0.74 |  |  | 0.76 |  |  | 0.84 |  |  | 1.12 |  |  | 0.97 |  |  | 0.97 |  |  | 1.16 |  |  | 3.46 |  |  | 3.71 |
Dividends per common share | $ | 0.485 |  |  | 0.49 |  |  | 0.485 |  |  | 0.49 |  |  | 0.485 |  |  | 0.49 |  |  | 0.485 |  |  | 0.49 |  |  | 1.94 |  |  | 1.96 |
Earnings per share are computed independently each period; as a result, the quarterly amounts may not sum to the calculated annual figure. Emerson Electric Co. common stock (symbol EMR) is listed on the New York Stock Exchange and the Chicago Stock Exchange. Earnings from continuing operations and diluted earnings per share included an income tax benefit of $43 ($0.07 per share) and $150 ($0.24 per share) in the first quarter and third quarter of 2018, respectively, from the impacts of U.S. tax reform. The full-year impact for fiscal 2018 was an income tax benefit of $189 ($0.30 per share). See Note 14.

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- Definition The entire disclosure for quarterly financial data. Includes, but is not limited to, tabular presentation of financial information for fiscal quarters, effect of year-end adjustments, and an explanation of matters or transactions that affect comparability of the information. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 270 -URI http://asc.fasb.org/topic&trid=2126967 + Details
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