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v3.23.2

Business Segments (Tables) | 9 Months Ended
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Jun. 30, 2023
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment |
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| Sales |  | Earnings |  | Sales |  | Earnings
| 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |  |  | 2022 |  |  | 2023 |
Final Control | $ | 905 |  |  | 1,035 |  |  | 150 |  |  | 245 |  |  | 2,606 |  |  | 2,889 |  |  | 424 |  |  | 618 |
Measurement & Analytical | 788 |  |  | 913 |  |  | 189 |  |  | 257 |  |  | 2,294 |  |  | 2,550 |  |  | 535 |  |  | 661 |
Discrete Automation | 633 |  |  | 668 |  |  | 115 |  |  | 124 |  |  | 1,894 |  |  | 1,969 |  |  | 365 |  |  | 378 |
Safety & Productivity | 360 |  |  | 363 |  |  | 69 |  |  | 82 |  |  | 1,066 |  |  | 1,034 |  |  | 199 |  |  | 228 |
Intelligent Devices | 2,686 |  |  | 2,979 |  |  | 523 |  |  | 708 |  |  | 7,860 |  |  | 8,442 |  |  | 1,523 |  |  | 1,885 |
Control Systems & Software | 568 |  |  | 663 |  |  | 77 |  |  | 144 |  |  | 1,711 |  |  | 1,892 |  |  | 294 |  |  | 378 |
AspenTech | 239 |  |  | 320 |  |  | 57 |  |  | 27 |  |  | 405 |  |  | 793 |  |  | 51 |  |  | (60) |
Software and Control | 807 |  |  | 983 |  |  | 134 |  |  | 171 |  |  | 2,116 |  |  | 2,685 |  |  | 345 |  |  | 318 |
Stock compensation |  |  |  |  | (15) |  |  | (56) |  |  |  |  |  |  | (92) |  |  | (198) |
Unallocated pension and postretirement costs |  |  |  |  | 25 |  |  | 42 |  |  |  |  |  |  | 76 |  |  | 133 |
Corporate and other |  |  |  |  | (239) |  |  | (43) |  |  |  |  |  |  | (336) |  |  | (154) |
Gain on subordinated interest |  |  |  |  | — |  |  | — |  |  |  |  |  |  | 453 |  |  | — |
Loss on Copeland equity method investment |  |  |  |  | — |  |  | (61) |  |  |  |  |  |  | — |  |  | (61) |
Eliminations/Interest | (28) |  |  | (16) |  |  | (50) |  |  | (10) |  |  | (64) |  |  | (52) |  |  | (140) |  |  | (111) |
Interest income from related party |  |  |  |  | — |  |  | 10 |  |  |  |  |  |  |  |  | 10 |
Total | $ | 3,465 |  |  | 3,946 |  |  | 378 |  |  | 761 |  |  | 9,912 |  |  | 11,075 |  |  | 1,829 |  |  | 1,822 |
Corporate and other for the three and nine months ended June 30, 2022 included a loss of $162 related to the Company's exit of business operations in Russia and a loss of $47 for the nine months ended June 30, 2023. Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below:
| Three Months Ended June 30, |  | Nine Months Ended June 30,
|  | 2022 |  |  | 2023 |  |  |  | 2022 |  |  | 2023 |
Final Control |  | $ | 53 |  |  | 39 |  |  |  | 156 |  |  | 129 |
Measurement & Analytical |  | 27 |  |  | 26 |  |  |  | 88 |  |  | 84 |
Discrete Automation |  | 22 |  |  | 20 |  |  |  | 67 |  |  | 63 |
Safety & Productivity |  | 15 |  |  | 15 |  |  |  | 44 |  |  | 44 |
Intelligent Devices |  | 117 |  |  | 100 |  |  |  | 355 |  |  | 320 |
Control Systems & Software |  | 24 |  |  | 22 |  |  |  | 71 |  |  | 67 |
AspenTech |  | 72 |  |  | 123 |  |  |  | 119 |  |  | 369 |
Software and Control |  | 96 |  |  | 145 |  |  |  | 190 |  |  | 436 |
Corporate and other |  | 9 |  |  | 12 |  |  |  | 26 |  |  | 24 |
Total |  | $ | 222 |  |  | 257 |  |  |  | 571 |  |  | 780 |
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 June 30, |  | Three Months Ended June 30,
| 2022 |  | 2023
|  | Americas |  | AMEA |  | Europe |  | Total |  | Americas |  | AMEA |  | Europe |  | Total
Final Control |  | $ | 434 |  |  | 338 |  |  | 133 |  |  | 905 |  |  | 498 |  |  | 399 |  |  | 138 |  |  | 1,035 |
Measurement & Analytical |  | 397 |  |  | 274 |  |  | 117 |  |  | 788 |  |  | 482 |  |  | 303 |  |  | 128 |  |  | 913 |
Discrete Automation |  | 320 |  |  | 150 |  |  | 163 |  |  | 633 |  |  | 312 |  |  | 180 |  |  | 176 |  |  | 668 |
Safety & Productivity |  | 270 |  |  | 20 |  |  | 70 |  |  | 360 |  |  | 269 |  |  | 18 |  |  | 76 |  |  | 363 |
Intelligent Devices |  | 1,421 |  |  | 782 |  |  | 483 |  |  | 2,686 |  |  | 1,561 |  |  | 900 |  |  | 518 |  |  | 2,979 |
Control Systems & Software |  | 289 |  |  | 166 |  |  | 113 |  |  | 568 |  |  | 322 |  |  | 207 |  |  | 134 |  |  | 663 |
AspenTech |  | 131 |  |  | 50 |  |  | 58 |  |  | 239 |  |  | 111 |  |  | 104 |  |  | 105 |  |  | 320 |
Software and Control |  | 420 |  |  | 216 |  |  | 171 |  |  | 807 |  |  | 433 |  |  | 311 |  |  | 239 |  |  | 983 |
Total |  | $ | 1,841 |  |  | 998 |  |  | 654 |  |  | 3,493 |  |  | 1,994 |  |  | 1,211 |  |  | 757 |  |  | 3,962 |
| Nine Months Ended June 30, |  | Nine Months Ended June 30,
| 2022 |  | 2023
|  | Americas |  | AMEA |  | Europe |  | Total |  | Americas |  | AMEA |  | Europe |  | Total
Final Control |  | $ | 1,197 |  |  | 1,012 |  |  | 397 |  |  | 2,606 |  |  | 1,438 |  |  | 1,069 |  |  | 382 |  |  | 2,889 |
Measurement & Analytical |  | 1,069 |  |  | 865 |  |  | 360 |  |  | 2,294 |  |  | 1,333 |  |  | 853 |  |  | 364 |  |  | 2,550 |
Discrete Automation |  | 890 |  |  | 504 |  |  | 500 |  |  | 1,894 |  |  | 914 |  |  | 539 |  |  | 516 |  |  | 1,969 |
Safety & Productivity |  | 801 |  |  | 52 |  |  | 213 |  |  | 1,066 |  |  | 777 |  |  | 51 |  |  | 206 |  |  | 1,034 |
Intelligent Devices |  | 3,957 |  |  | 2,433 |  |  | 1,470 |  |  | 7,860 |  |  | 4,462 |  |  | 2,512 |  |  | 1,468 |  |  | 8,442 |
Control Systems & Software |  | 839 |  |  | 514 |  |  | 358 |  |  | 1,711 |  |  | 930 |  |  | 578 |  |  | 384 |  |  | 1,892 |
AspenTech |  | 233 |  |  | 85 |  |  | 87 |  |  | 405 |  |  | 337 |  |  | 228 |  |  | 228 |  |  | 793 |
Software and Control |  | 1,072 |  |  | 599 |  |  | 445 |  |  | 2,116 |  |  | 1,267 |  |  | 806 |  |  | 612 |  |  | 2,685 |
Total |  | $ | 5,029 |  |  | 3,032 |  |  | 1,915 |  |  | 9,976 |  |  | 5,729 |  |  | 3,318 |  |  | 2,080 |  |  | 11,127 |

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