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Revenue Recognition (Tables) | 6 Months Ended
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Mar. 31, 2023
Revenue from Contract with Customer [Abstract] |
Disaggregation of Revenue | The following tables present the Company's revenues disaggregated by segment and by Products & Systems and Services revenue (in millions):
|  | Three Months Ended March 31,
|  | 2023 |  | 2022
|  | Products & Systems |  | Services |  | Total |  | Products & Systems |  | Services |  | Total
Building Solutions North America |  | $ | 1,554 |  |  | $ | 966 |  |  | $ | 2,520 |  |  | $ | 1,343 |  |  | $ | 884 |  |  | $ | 2,227 |
Building Solutions EMEA/LA |  | 582 |  |  | 449 |  |  | 1,031 |  |  | 536 |  |  | 422 |  |  | 958 |
Building Solutions Asia Pacific |  | 479 |  |  | 188 |  |  | 667 |  |  | 448 |  |  | 175 |  |  | 623 |
Global Products |  | 2,468 |  |  | — |  |  | 2,468 |  |  | 2,290 |  |  | — |  |  | 2,290 |
Total |  | $ | 5,083 |  |  | $ | 1,603 |  |  | $ | 6,686 |  |  | $ | 4,617 |  |  | $ | 1,481 |  |  | $ | 6,098 |
|  | Six Months Ended March 31,
|  | 2023 |  | 2022
|  | Products & Systems |  | Services |  | Total |  | Products & Systems |  | Services |  | Total
Building Solutions North America |  | $ | 3,005 |  |  | $ | 1,882 |  |  | $ | 4,887 |  |  | $ | 2,642 |  |  | $ | 1,737 |  |  | $ | 4,379 |
Building Solutions EMEA/LA |  | 1,134 |  |  | 872 |  |  | 2,006 |  |  | 1,080 |  |  | 837 |  |  | 1,917 |
Building Solutions Asia Pacific |  | 952 |  |  | 361 |  |  | 1,313 |  |  | 949 |  |  | 349 |  |  | 1,298 |
Global Products |  | 4,548 |  |  | — |  |  | 4,548 |  |  | 4,366 |  |  | — |  |  | 4,366 |
Total |  | $ | 9,639 |  |  | $ | 3,115 |  |  | $ | 12,754 |  |  | $ | 9,037 |  |  | $ | 2,923 |  |  | $ | 11,960 |
The following table presents further disaggregation of Global Products segment revenues by product type (in millions):
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
|  | 2023 |  | 2022 |  | 2023 |  | 2022
HVAC |  | $ | 1,757 |  |  | $ | 1,658 |  |  | $ | 3,197 |  |  | $ | 3,141 |
Fire & Security |  | 623 |  |  | 578 |  |  | 1,193 |  |  | 1,122 |
Industrial Refrigeration |  | 88 |  |  | 54 |  |  | 158 |  |  | 103 |
Total |  | $ | 2,468 |  |  | $ | 2,290 |  |  | $ | 4,548 |  |  | $ | 4,366 |
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):
|  | Location of contract balances |  | March 31, 2023 |  | September 30, 2022 |  |
Contract assets - current |  | Accounts receivable - net |  | $ | 2,026 |  |  | $ | 2,020 |  |  |
Contract assets - noncurrent |  | Other noncurrent assets |  | 81 |  |  | 79 |  |  |
Contract liabilities - current |  | Deferred revenue |  | 1,939 |  |  | 1,768 |  |  |
Contract liabilities - noncurrent |  | Other noncurrent liabilities |  | 292 |  |  | 282 |  |  |
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):
|  | March 31, 2023 |  | September 30, 2022 |  |
Other current assets |  | $ | 154 |  |  | $ | 139 |  |  |
Other noncurrent assets |  | 200 |  |  | 174 |  |  |
Total |  | $ | 354 |  |  | $ | 313 |  |  |

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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 https://asc.fasb.org/extlink&oid=126905575&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 https://asc.fasb.org/extlink&oid=126920106&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 https://asc.fasb.org/extlink&oid=126920106&loc=SL49130545-203045 + Details
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