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Segment Information | 3 Months Ended
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Dec. 31, 2019
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Information | Segment Information ASC 280, "Segment Reporting," establishes the standards for reporting information about segments in financial statements. In applying the criteria set forth in ASC 280, the Company has determined that it has four reportable segments for financial reporting purposes.
• | Building Solutions North America designs, sells, installs, and services HVAC and controls systems, integrated electronic security systems (including monitoring), and integrated fire detection and suppression systems for commercial, industrial, retail, small business, institutional and governmental customers in North America. Building Solutions North America also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, to non-residential building and industrial applications in the North American marketplace.
• | Building Solutions EMEA/LA designs, sells, installs, and services HVAC, controls, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and provides technical services to markets in Europe, the Middle East, Africa and Latin America.
• | Building Solutions Asia Pacific designs, sells, installs, and services HVAC, controls, refrigeration, integrated electronic security, integrated fire detection and suppression systems, and provides technical services to the Asia Pacific marketplace.
• | Global Products designs and produces heating and air conditioning for residential and commercial applications, and markets products and refrigeration systems to replacement and new construction market customers globally. The Global Products business also designs, manufactures and sells fire protection and security products, including intrusion security, anti-theft devices, and access control and video management systems, for commercial, industrial, retail, residential, small business, institutional and governmental customers worldwide. Global Products also includes the Johnson Controls-Hitachi joint venture.
Management evaluates the performance of its business segments primarily on segment earnings before interest, taxes and amortization ("EBITA"), which represents income from continuing operations before income taxes and noncontrolling interests, excluding general corporate expenses, intangible asset amortization, net financing charges, restructuring and impairment costs, and the net mark-to-market adjustments related to pension and postretirement plans and restricted asbestos investments. Financial information relating to the Company’s reportable segments is as follows (in millions):
| Net Sales
| Three Months Ended December 31,
| 2019 |  | 2018
Building Solutions North America | $ | 2,167 |  |  | $ | 2,116 |
Building Solutions EMEA/LA | 928 |  |  | 907 |
Building Solutions Asia Pacific | 629 |  |  | 613 |
Global Products | 1,852 |  |  | 1,828 |
Total net sales | $ | 5,576 |  |  | $ | 5,464 |
| Segment EBITA
| Three Months Ended December 31,
| 2019 |  | 2018
Building Solutions North America | $ | 258 |  |  | $ | 250 |
Building Solutions EMEA/LA | 90 |  |  | 77 |
Building Solutions Asia Pacific | 72 |  |  | 66 |
Global Products | 203 |  |  | 190 |
Total segment EBITA | $ | 623 |  |  | $ | 583 |
Corporate expenses | $ | (118 | ) |  | $ | (136 | )
Amortization of intangible assets | (96 | ) |  | (97 | )
Restructuring and impairment costs | (111 | ) |  | — |
Net mark-to-market adjustments | 10 |  |  | (21 | )
Net financing charges | (52 | ) |  | (85 | )
Income from continuing operations before income taxes | $ | 256 |  |  | $ | 244 |

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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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