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Goodwill and Other Intangible Assets (Notes)
12 Months Ended
Sep. 30, 2019
Goodwill and Intangible Assets Disclosure [Abstract]  
GOODWILL AND OTHER INTANGIBLE ASSETS GOODWILL AND OTHER INTANGIBLE ASSETS

The changes in the carrying amount of goodwill in each of the Company’s reportable segments for the fiscal years ended September 30, 2019 and 2018 were as follows (in millions):
 
September 30,
2017
 
Business
Acquisitions
 
Business
Divestitures
 
Currency Translation and Other
 
September 30,
2018
     Building Solutions North America
$
9,637

 
$

 
$

 
$
(34
)
 
$
9,603

     Building Solutions EMEA/LA
2,012

 
1

 

 
(63
)
 
1,950

     Building Solutions Asia Pacific
1,255

 

 

 
(20
)
 
1,235

     Global Products
5,687

 
14

 
(35
)
 
(73
)
 
5,593

Total
$
18,591

 
$
15

 
$
(35
)
 
$
(190
)
 
$
18,381

 
 
 
 
 
 
 
 
 
 
 
September 30, 2018
 
Business
Acquisitions
 
Business
Divestitures
 
Currency Translation and Other
 
September 30,
2019
     Building Solutions North America
$
9,603

 
$

 
$

 
$
(15
)
 
$
9,588

     Building Solutions EMEA/LA
1,950

 
6

 
(1
)
 
(106
)
 
1,849

     Building Solutions Asia Pacific
1,235

 
8

 

 
(49
)
 
1,194

     Global Products
5,593

 
11

 
(22
)
 
(35
)
 
5,547

Total
$
18,381

 
$
25

 
$
(23
)
 
$
(205
)
 
$
18,178

 
 
 
 
 
 
 
 
 
 


The fiscal 2019 Global Products business divestiture amount includes $22 million of goodwill transferred to noncurrent assets held for sale on the consolidated statements of financial position related to plans to dispose of a business within the Global Products segment.

At September 30, 2017, accumulated goodwill impairment charges included $47 million related to the Building Solutions EMEA/LA - Latin America reporting unit.

There were no goodwill impairments resulting from fiscal 2019 and 2018 annual impairment tests. No reporting unit was determined to be at risk of failing step one of the goodwill impairment test. The Company continuously monitors for events and circumstances that could negatively impact the key assumptions in determining fair value, including long-term revenue growth projections, profitability, discount rates, recent market valuations from transactions by comparable companies, volatility in the Company's market capitalization, and general industry, market and macro-economic conditions. It is possible that future changes in such circumstances, or in the variables associated with the judgments, assumptions and estimates used in assessing the fair value of the reporting unit, would require the Company to record a non-cash impairment charge. 

The assumptions included in the impairment tests require judgment, and changes to these inputs could impact the results of the calculations. The primary assumptions used in the impairment tests were management's projections of future cash flows. Although the Company's cash flow forecasts are based on assumptions that are considered reasonable by management and consistent with the plans and estimates management is using to operate the underlying businesses, there are significant judgments in determining the expected future cash flows attributable to a reporting unit.

The Company’s other intangible assets, primarily from business acquisitions valued based on independent appraisals, consisted of (in millions):
 
September 30, 2019
 
September 30, 2018
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Amortized intangible assets
 
 
 
 
 
 
 
 
 
 
 
Technology
$
1,307

 
$
(370
)
 
$
937

 
$
1,317

 
$
(251
)
 
$
1,066

Customer relationships
2,722

 
(759
)
 
1,963

 
2,941

 
(599
)
 
2,342

Miscellaneous
584

 
(224
)
 
360

 
458

 
(185
)
 
273

Total amortized intangible assets
4,613

 
(1,353
)
 
3,260

 
4,716

 
(1,035
)
 
3,681

Unamortized intangible assets
 
 
 
 
 
 
 
 
 
 
 
Trademarks/tradenames
2,282

 

 
2,282

 
2,386

 

 
2,386

Miscellaneous
90

 

 
90

 
120

 

 
120

 
2,372

 

 
2,372

 
2,506

 

 
2,506

Total intangible assets
$
6,985

 
$
(1,353
)
 
$
5,632

 
$
7,222

 
$
(1,035
)
 
$
6,187



Amortization of other intangible assets included within continuing operations for the fiscal years ended September 30, 2019, 2018 and 2017 was $377 million, $376 million and $481 million, respectively. Excluding the impact of any future acquisitions, the Company anticipates amortization for fiscal 2020, 2021, 2022, 2023 and 2024 will be approximately $390 million, $389 million, $387 million, $374 million and $361 million, respectively. There were no indefinite-lived intangible asset impairments resulting from fiscal 2019, 2018 and 2017 annual impairment tests.