XML 45 R33.htm IDEA: XBRL DOCUMENT
v3.22.4

Business Segments (Tables) | 3 Months Ended
--- | ---
Dec. 31, 2022
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
|  |  | Three Months Ended December 31,
|  |  |  |  | Sales |  | Earnings
|  |  |  |  |  |  |  |  | 2021 |  |  | 2022 |  |  | 2021 |  |  | 2022 |
Final Control |  |  |  |  |  |  |  |  | $ | 817 |  |  | 862 |  |  | 122 |  |  | 158 |
Measurement & Analytical |  |  |  |  |  |  |  |  | 737 |  |  | 749 |  |  | 170 |  |  | 175 |
Discrete Automation |  |  |  |  |  |  |  |  | 617 |  |  | 618 |  |  | 120 |  |  | 121 |
Safety & Productivity |  |  |  |  |  |  |  |  | 351 |  |  | 310 |  |  | 65 |  |  | 63 |
Intelligent Devices |  |  |  |  |  |  |  |  | 2,522 |  |  | 2,539 |  |  | 477 |  |  | 517 |
Control Systems & Software |  |  |  |  |  |  |  |  | 570 |  |  | 606 |  |  | 116 |  |  | 107 |
AspenTech |  |  |  |  |  |  |  |  | 82 |  |  | 243 |  |  | (2) |  |  | (33) |
Software and Control |  |  |  |  |  |  |  |  | 652 |  |  | 849 |  |  | 114 |  |  | 74 |
Stock compensation |  |  |  |  |  |  |  |  |  |  |  |  | (34) |  |  | (102) |
Unallocated pension and postretirement costs |  |  |  |  |  |  |  |  |  |  |  |  | 26 |  |  | 45 |
Corporate and other |  |  |  |  |  |  |  |  |  |  |  |  | (55) |  |  | (64) |
Gain on subordinated interest |  |  |  |  |  |  |  |  |  |  |  |  | 453 |  |  | — |
Eliminations/Interest |  |  |  |  |  |  |  |  | (18) |  |  | (15) |  |  | (39) |  |  | (48) |
Total |  |  |  |  |  |  |  |  | $ | 3,156 |  |  | 3,373 |  |  | 942 |  |  | 422 |
Corporate and other for the three months ended December 31, 2022 included a loss of $47 related to the Company's exit of business operations in Russia and a mark-to-market gain of $35 related to foreign currency forward contracts entered into by AspenTec h to mitigate the impact of foreign currency exchange associated with the Micromine purchase price, while the three months ended December 31, 2021 included acquisition/divestiture costs of $23. Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below:
|  |  | Three Months Ended December 31,
|  |  |  |  |  |  | 2021 |  |  | 2022 |
Final Control |  |  |  |  |  |  | $ | 53 |  |  | 45 |
Measurement & Analytical |  |  |  |  |  |  | 31 |  |  | 30 |
Discrete Automation |  |  |  |  |  |  | 23 |  |  | 21 |
Safety & Productivity |  |  |  |  |  |  | 15 |  |  | 14 |
Intelligent Devices |  |  |  |  |  |  | 122 |  |  | 110 |
Control Systems & Software |  |  |  |  |  |  | 25 |  |  | 21 |
AspenTech |  |  |  |  |  |  | 23 |  |  | 123 |
Software and Control |  |  |  |  |  |  | 48 |  |  | 144 |
Corporate and other |  |  |  |  |  |  | 8 |  |  | 6 |
Total |  |  |  |  |  |  | $ | 178 |  |  | 260 |
Schedule of Financial Information By Geographic Area | Sales by geographic destination, Americas, Asia, Middle East & Africa ("AMEA") and Europe, are summarized below:
| Three Months Ended December 31, |  | Three Months Ended December 31,
|  | 2021 |  | 2022
|  | Americas |  | AMEA |  | Europe |  | Total |  | Americas |  | AMEA |  | Europe |  | Total
Final Control |  | $ | 352 |  |  | 336 |  |  | 129 |  |  | 817 |  |  | 446 |  |  | 308 |  |  | 108 |  |  | 862 |
Measurement & Analytical |  | 311 |  |  | 296 |  |  | 130 |  |  | 737 |  |  | 396 |  |  | 246 |  |  | 107 |  |  | 749 |
Discrete Automation |  | 274 |  |  | 183 |  |  | 160 |  |  | 617 |  |  | 291 |  |  | 175 |  |  | 152 |  |  | 618 |
Safety & Productivity |  | 270 |  |  | 16 |  |  | 65 |  |  | 351 |  |  | 236 |  |  | 17 |  |  | 57 |  |  | 310 |
Intelligent Devices |  | 1,207 |  |  | 831 |  |  | 484 |  |  | 2,522 |  |  | 1,369 |  |  | 746 |  |  | 424 |  |  | 2,539 |
Control Systems & Software |  | 268 |  |  | 173 |  |  | 129 |  |  | 570 |  |  | 294 |  |  | 185 |  |  | 127 |  |  | 606 |
AspenTech |  | 54 |  |  | 16 |  |  | 12 |  |  | 82 |  |  | 112 |  |  | 63 |  |  | 68 |  |  | 243 |
Software and Control |  | 322 |  |  | 189 |  |  | 141 |  |  | 652 |  |  | 406 |  |  | 248 |  |  | 195 |  |  | 849 |
Total |  | $ | 1,529 |  |  | 1,020 |  |  | 625 |  |  | 3,174 |  |  | 1,775 |  |  | 994 |  |  | 619 |  |  | 3,388 |

X
- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=123367319&loc=SL114868664-224227 + Details
Name: | us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=121556970&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=123359005&loc=d3e8906-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration