XML 54 R35.htm IDEA: XBRL DOCUMENT v3.21.1

Revenue Recognition (Tables)

6 Months Ended

Mar. 31, 2021

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 and six months ended March 31, 2021 and 2020 (in millions):

						Three Months Ended March 31, 2021																		Three Months Ended March 31, 2020
						Products & Systems						Services						Total						Products & Systems						Services						Total
Building Solutions North America						$	1,272					$	820					$	2,092					$	1,357					$	818					$	2,175
Building Solutions EMEA/LA						429						468						897						400						450						850
Building Solutions Asia Pacific						329						274						603						271						254						525
Global Products						2,002						—						2,002						1,894						—						1,894
Total						$	4,032					$	1,562					$	5,594					$	3,922					$	1,522					$	5,444

						Six Months Ended March 31, 2021																		Six Months Ended March 31, 2020
						Products & Systems						Services						Total						Products & Systems						Services						Total
Building Solutions North America						$	2,514					$	1,612					$	4,126					$	2,713					$	1,629					$	4,342
Building Solutions EMEA/LA						855						948						1,803						857						921						1,778
Building Solutions Asia Pacific						674						544						1,218						642						512						1,154
Global Products						3,788						—						3,788						3,746						—						3,746
Total						$	7,831					$	3,104					$	10,935					$	7,958					$	3,062					$	11,020

The following table presents further disaggregation of Global Products segment revenues by product type for the three and six months ended March 31, 2021 and 2020 (in millions):

						Three Months Ended March 31,												Six Months Ended March 31,
						2021						2020						2021						2020
HVAC						$	1,402					$	1,324					$	2,651					$	2,624
Fire & Security						537						511						1,025						1,003
Industrial Refrigeration						63						59						112						119
Total						$	2,002					$	1,894					$	3,788					$	3,746

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						March 31, 2021						September 30, 2020
Contract assets - current						Accounts receivable - net						$	1,387					$	1,395
Contract assets - noncurrent						Other noncurrent assets						102						104
Contract liabilities - current						Deferred revenue						(1,710)						(1,435)
Contract liabilities - noncurrent						Other noncurrent liabilities						(258)						(245)
Total												$	(479)					$	(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

+ Details

Name:	us-gaap_ContractWithCustomerAssetAndLiabilityTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- 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

+ Details

Name:	us-gaap_DisaggregationOfRevenueTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- References

No definition available.

+ Details

Name:	us-gaap_RevenueFromContractWithCustomerAbstract
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration