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Revenue Recognition (Tables)

3 Months Ended

Dec. 31, 2020

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue [Table Text Block]

The following tables present the Company's revenues disaggregated by segment and by products and systems versus services revenue for the three months ended December 31, 2020 and 2019 (in millions):

						Three Months Ended December 31, 2020																		Three Months Ended December 31, 2019
						Products & Systems						Services						Total						Products & Systems						Services						Total
Building Solutions North America						$	1,242					$	792					$	2,034					$	1,356					$	811					$	2,167
Building Solutions EMEA/LA						426						480						906						457						471						928
Building Solutions Asia Pacific						345						270						615						371						258						629
Global Products						1,786						—						1,786						1,852						—						1,852
Total						$	3,799					$	1,542					$	5,341					$	4,036					$	1,540					$	5,576

The following table presents further disaggregation of Global Products segment revenues by product type for the three months ended December 31, 2020 and 2019 (in millions):

						Three Months Ended December 31,
						2020						2019
HVAC						$	1,249					$	1,300
Fire & Security						488						492
Industrial Refrigeration						49						60
Total						$	1,786					$	1,852

Contract with Customer, Asset and Liability [Table Text Block]

The following table presents the location and amount of contract balances in the Company's consolidated statements of financial position (in millions):

						Location of contract balances						December 31, 2020						September 30, 2020
Contract assets - current						Accounts receivable - net						$	1,404					$	1,395
Contract assets - noncurrent						Other noncurrent assets						104						104
Contract liabilities - current						Deferred revenue						(1,583)						(1,435)
Contract liabilities - noncurrent						Other noncurrent liabilities						(257)						(245)
Total												$	(332)					$	(181)

X

- 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=121604090&loc=SL49130551-203045

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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=121604090&loc=SL49130545-203045

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- References

No definition available.

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