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Revenue Recognition (Tables) | 12 Months Ended
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Sep. 30, 2021
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following table presents the Company's revenues disaggregated by segment and by products and systems versus services revenue for the years ended September 30, 2021 and 2020 (in millions):
|  | Year Ended September 30,
|  | 2021 |  | 2020
|  | Products & Systems |  | Services |  | Total |  | Products & Systems |  | Services |  | Total
Building Solutions North America |  | $ | 5,312 |  |  | $ | 3,373 |  |  | $ | 8,685 |  |  | $ | 5,371 |  |  | $ | 3,234 |  |  | $ | 8,605 |
Building Solutions EMEA/LA |  | 1,772 |  |  | 1,955 |  |  | 3,727 |  |  | 1,644 |  |  | 1,796 |  |  | 3,440 |
Building Solutions Asia Pacific |  | 1,516 |  |  | 1,138 |  |  | 2,654 |  |  | 1,369 |  |  | 1,034 |  |  | 2,403 |
Global Products |  | 8,602 |  |  | — |  |  | 8,602 |  |  | 7,869 |  |  | — |  |  | 7,869 |
Total |  | $ | 17,202 |  |  | $ | 6,466 |  |  | $ | 23,668 |  |  | $ | 16,253 |  |  | $ | 6,064 |  |  | $ | 22,317 |
The following table presents further disaggregation of Global Products segment revenues by product type for the years ended September 30, 2021 and 2020 (in millions):
|  | Year Ended September 30,
|  | 2021 |  | 2020
HVAC |  | $ | 6,173 |  |  | $ | 5,685 |
Fire & Security |  | 2,192 |  |  | 1,957 |
Industrial Refrigeration |  | 237 |  |  | 227 |
Total |  | $ | 8,602 |  |  | $ | 7,869 |
Contract with Customer, Asset and Liability | The following table presents the location and amount of contract balances in the Company's consolidated statements of financial position (in millions):
|  |  |  | September 30, |  |
|  | Location of contract balances |  | 2021 |  | 2020 |  |
Contract assets - current |  | Accounts receivable - net |  | $ | 1,718 |  |  | $ | 1,395 |  |  |
Contract assets - noncurrent |  | Other noncurrent assets |  | 99 |  |  | 104 |  |  |
Contract liabilities - current |  | Deferred revenue |  | (1,637) |  |  | (1,435) |  |  |
Contract liabilities - noncurrent |  | Other noncurrent liabilities |  | (269) |  |  | (245) |  |  |
Total |  |  |  | $ | (89) |  |  | $ | (181) |  |  |
Capitalized Contract Cost | The following table presents the location and amount of costs to obtain or fulfill a contract recorded in the Company's consolidated statements of financial position (in millions):
|  | September 30, |  |
|  | 2021 |  | 2020 |  |
Other current assets |  | $ | 149 |  |  | $ | 119 |  |  |
Other noncurrent assets |  | 117 |  |  | 104 |  |  |
Total |  | $ | 266 |  |  | $ | 223 |  |  |

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- Definition Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 340 -SubTopic 40 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=123353750&loc=SL49131252-203054 + Details
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- Definition Tabular disclosure of receivable, contract asset, and contract liability from contract with customer. Includes, but is not limited to, change in contract asset and contract liability. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130551-203045 + Details
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- Definition Tabular disclosure of disaggregation of revenue into categories depicting how nature, amount, timing, and uncertainty of revenue and cash flows are affected by economic factor. + References Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef -Publisher FASB -Name Accounting Standards Codification -Topic 606 -SubTopic 10 -Section 50 -Paragraph 5 -URI http://asc.fasb.org/extlink&oid=123351226&loc=SL49130545-203045 + Details
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