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Segment Information (Tables) | 12 Months Ended
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Sep. 30, 2024
Segment Reporting [Abstract] |
Financial Information Related To Company's Reportable Segments | Financial information relating to the Company’s reportable segments is as follows (in millions):
| Year Ended September 30,
| 2024 |  | 2023 |  | 2022
Net Sales |  |  |  |  |
Building Solutions North America | $ | 11,348 |  |  | $ | 10,330 |  |  | $ | 9,367 |
Building Solutions EMEA/LA | 4,296 |  |  | 4,096 |  |  | 3,845 |
Building Solutions Asia Pacific | 2,237 |  |  | 2,746 |  |  | 2,714 |
Global Products | 5,071 |  |  | 5,159 |  |  | 4,711 |
Total net sales | $ | 22,952 |  |  | $ | 22,331 |  |  | $ | 20,637 |
| Year Ended September 30,
| 2024 |  | 2023 |  | 2022
Segment EBITA |  |  |  |  |
Building Solutions North America | $ | 1,663 |  |  | $ | 1,394 |  |  | $ | 1,122 |
Building Solutions EMEA/LA (1) | 391 |  |  | 316 |  |  | 358 |
Building Solutions Asia Pacific | 261 |  |  | 343 |  |  | 332 |
Global Products | 1,403 |  |  | 1,317 |  |  | 970 |
Total segment EBITA | 3,718 |  |  | 3,370 |  |  | 2,782 |
Amortization of intangible assets | 476 |  |  | 426 |  |  | 413 |
Corporate expenses | 490 |  |  | 429 |  |  | 369 |
Restructuring and impairment costs | 510 |  |  | 1,049 |  |  | 701 |
Water systems AFFF settlement (2) | 750 |  |  | — |  |  | — |
AFFF insurance recoveries (2) | (367) |  |  | — |  |  | — |
Net financing charges | 342 |  |  | 258 |  |  | 205 |
Loss on divestiture | 42 |  |  | — |  |  | — |
Net mark-to-market (gain) loss | (47) |  |  | 95 |  |  | (18) |
Income from continuing operations before income taxes | $ | 1,522 |  |  | $ | 1,113 |  |  | $ | 1,112 |
(1)EBITA for the Building Solutions EMEA/LA segment includes equity income (loss) of $(39) million, $1 million and $6 million for the years ended September 30, 2024, 2023 and 2022, respectively. (2)Refer to Note 21, "Commitments and Contingencies," of the notes to the consolidated financial statements for further disclosure related to the water systems AFFF settlement and insurance recoveries.
| September 30,
| 2024 |  | 2023 |  | 2022
Assets |  |  |  |  |
Building Solutions North America | $ | 16,159 |  |  | $ | 15,603 |  |  | $ | 15,226 |
Building Solutions EMEA/LA(1) | 5,072 |  |  | 5,202 |  |  | 4,991 |
Building Solutions Asia Pacific | 2,571 |  |  | 2,645 |  |  | 2,474 |
Global Products | 10,011 |  |  | 10,844 |  |  | 10,620 |
| 33,813 |  |  | 34,294 |  |  | 33,311 |
Assets held for sale | 4,805 |  |  | 4,657 |  |  | 4,700 |
Unallocated | 4,077 |  |  | 3,291 |  |  | 4,147 |
Total | $ | 42,695 |  |  | $ | 42,242 |  |  | $ | 42,158 |
(1)Assets for the Building Solutions EMEA/LA segment includes investments in partially-owned affiliates of $57 million, $130 million and $115 million, as of September 30, 2024, 2023 and 2022, respectively.
| Year Ended September 30,
| 2024 |  | 2023 |  | 2022
Depreciation/Amortization |  |  |  |  |
Building Solutions North America | $ | 248 |  |  | $ | 225 |  |  | $ | 213 |
Building Solutions EMEA/LA | 105 |  |  | 101 |  |  | 96 |
Building Solutions Asia Pacific | 19 |  |  | 23 |  |  | 21 |
Global Products | 325 |  |  | 351 |  |  | 348 |
| 697 |  |  | 700 |  |  | 678 |
Corporate | 119 |  |  | 45 |  |  | 39 |
Total | $ | 816 |  |  | $ | 745 |  |  | $ | 717 |
| Year Ended September 30,
| 2024 |  | 2023 |  | 2022
Capital Expenditures |  |  |  |  |
Building Solutions North America | $ | 53 |  |  | $ | 104 |  |  | $ | 141 |
Building Solutions EMEA/LA | 105 |  |  | 119 |  |  | 119 |
Building Solutions Asia Pacific | 15 |  |  | 33 |  |  | 22 |
Global Products | 153 |  |  | 140 |  |  | 152 |
| 326 |  |  | 396 |  |  | 434 |
Corporate | 168 |  |  | 50 |  |  | 53 |
Total | $ | 494 |  |  | $ | 446 |  |  | $ | 487 |
Geographic Segments | Financial information relating to the Company’s operations by geographic area is as follows (in millions):
| Year Ended September 30,
| 2024 |  | 2023 |  | 2022
Net Sales |  |  |  |  |
United States | $ | 13,171 |  |  | $ | 12,408 |  |  | $ | 11,337 |
Europe | 4,486 |  |  | 4,366 |  |  | 4,052 |
Asia Pacific | 2,856 |  |  | 3,427 |  |  | 3,319 |
Other Non-U.S. | 2,439 |  |  | 2,130 |  |  | 1,929 |
Total | $ | 22,952 |  |  | $ | 22,331 |  |  | $ | 20,637 |
Long-Lived Assets (Year-end) |  |  |  |  |
United States | $ | 1,137 |  |  | $ | 1,277 |  |  | $ | 1,285 |
Europe | 613 |  |  | 479 |  |  | 384 |
Asia Pacific | 252 |  |  | 233 |  |  | 235 |
Other Non-U.S. | 401 |  |  | 385 |  |  | 367 |
Total | $ | 2,403 |  |  | $ | 2,374 |  |  | $ | 2,271 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 220 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03(1)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147483621/220-10-S99-2 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-41 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-25 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-22 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482810/280-10-50-30 + Details
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