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Business Segment Information | 6 Months Ended
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Mar. 31, 2019
Segment Reporting [Abstract] |
Segment Reporting | BUSINESS SEGMENTS Summarized information about the Company's results of operations by business segment follows:
| Three Months Ended March 31, |  | Six Months Ended March 31,
| Sales |  | Earnings |  | Sales |  | Earnings
| 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |  |  | 2018 |  |  | 2019 |
Automation Solutions | $ | 2,771 |  |  | 3,010 |  |  | 436 |  |  | 444 |  |  | 5,343 |  |  | 5,809 |  |  | 822 |  |  | 851 |
Climate Technologies | 1,128 |  |  | 1,092 |  |  | 253 |  |  | 226 |  |  | 2,050 |  |  | 1,972 |  |  | 418 |  |  | 372 |
Tools & Home Products | 355 |  |  | 469 |  |  | 96 |  |  | 102 |  |  | 685 |  |  | 927 |  |  | 183 |  |  | 193 |
Commercial & Residential Solutions | 1,483 |  |  | 1,561 |  |  | 349 |  |  | 328 |  |  | 2,735 |  |  | 2,899 |  |  | 601 |  |  | 565 |
Differences in accounting methods |  |  |  |  | 55 |  |  | 65 |  |  |  |  |  |  | 106 |  |  | 124 |
Corporate and other |  |  |  |  | (146 | ) |  | (114 | ) |  |  |  |  |  | (294 | ) |  | (183 | )
Eliminations/Interest | (6 | ) |  | (1 | ) |  | (36 | ) |  | (48 | ) |  | (14 | ) |  | 9 |  |  | (74 | ) |  | (91 | )
Total | $ | 4,248 |  |  | 4,570 |  |  | 658 |  |  | 675 |  |  | 8,064 |  |  | 8,717 |  |  | 1,161 |  |  | 1,266 |
The decrease in Corporate and other for the second quarter of 2019 was primarily due to lower acquisition/divestiture-related costs of $33. On a year-to-date basis, Corporate and other also included lower incentive stock compensation of $49, reflecting a decreasing stock price in the current year compared to an increasing stock price in the prior year, while the prior year included valves & controls first year acquisition accounting charges of $10 related to inventory and $19 for backlog amortization. Automation Solutions sales by major product offering are summarized below:
| Three Months Ended March 31, |  | Six Months Ended March 31,
|  | 2018 |  |  |  | 2019 |  |  |  | 2018 |  |  |  | 2019 |
Measurement & Analytical Instrumentation |  | $ | 860 |  |  |  | 927 |  |  |  | $ | 1,632 |  |  |  | 1,785 |
Valves, Actuators & Regulators |  | 921 |  |  |  | 937 |  |  |  | 1,784 |  |  |  | 1,811 |
Industrial Solutions |  | 484 |  |  |  | 574 |  |  |  | 912 |  |  |  | 1,116 |
Process Control Systems & Solutions |  | 506 |  |  |  | 572 |  |  |  | 1,015 |  |  |  | 1,097 |
Automation Solutions |  | $ | 2,771 |  |  |  | 3,010 |  |  |  | $ | 5,343 |  |  |  | 5,809 |
Segment sales by geographic destination are summarized below:
| Three Months Ended March 31,
| 2018 |  | 2019
| Automation Solutions |  |  | Commercial & Residential Solutions |  |  | Total |  |  | Automation Solutions |  |  | Commercial & Residential Solutions |  |  | Total |
Americas | $ | 1,372 |  |  | 983 |  |  | 2,355 |  |  | 1,523 |  |  | 1,082 |  |  | 2,605 |
Asia, Middle East & Africa | 868 |  |  | 340 |  |  | 1,208 |  |  | 910 |  |  | 285 |  |  | 1,195 |
Europe | 531 |  |  | 160 |  |  | 691 |  |  | 577 |  |  | 194 |  |  | 771 |
Total | $ | 2,771 |  |  | 1,483 |  |  | 4,254 |  |  | 3,010 |  |  | 1,561 |  |  | 4,571 |
| Six Months Ended March 31,
| 2018 |  | 2019
| Automation Solutions |  |  | Commercial & Residential Solutions |  |  | Total |  |  | Automation Solutions |  |  | Commercial & Residential Solutions |  |  | Total |
Americas | $ | 2,658 |  |  | 1,761 |  |  | 4,419 |  |  | 2,928 |  |  | 1,989 |  |  | 4,917 |
Asia, Middle East & Africa | 1,658 |  |  | 688 |  |  | 2,346 |  |  | 1,751 |  |  | 550 |  |  | 2,301 |
Europe | 1,027 |  |  | 286 |  |  | 1,313 |  |  | 1,130 |  |  | 360 |  |  | 1,490 |
Total | $ | 5,343 |  |  | 2,735 |  |  | 8,078 |  |  | 5,809 |  |  | 2,899 |  |  | 8,708 |

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -URI http://asc.fasb.org/topic&trid=2134510 + Details
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