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Segment Information | 9 Months Ended
--- | ---
Jun. 30, 2024
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Information | SEGMENT INFORMATION ASC 280, "Segment Reporting," establishes the standards for reporting information about segments in financial statements. In applying the criteria set forth in ASC 280, the Company has determined that it has four reportable segments for financial reporting purposes. The Company conducts its business through four operating segments, all of which are reportable segments: •Building Solutions North America which operates in the United States and Canada; •Building Solutions EMEA/LA which operates in Europe, the Middle East, Africa and Latin America; •Building Solutions Asia Pacific which operates in Asia Pacific; and •Global Products which operates worldwide and includes the Johnson Controls-Hitachi joint venture. The Building Solutions segments: •Design, sell, install and service HVAC, controls, building management, refrigeration, integrated electronic security and integrated fire-detection and suppression systems; and •Provide energy-efficiency solutions and technical services, including data-driven "smart building" solutions as well as inspection, scheduled maintenance, and repair and replacement of mechanical and controls systems. The Global Products segment designs, manufactures and sells: •HVAC equipment, controls software and software services for residential and commercial applications; •Refrigeration equipment and controls; •Fire protection and suppression; and •Security products, including intrusion security, anti-theft devices, access control, and video surveillance and management systems. The Company’s segments provide products and services to commercial, institutional, industrial, data center, governmental and residential customers. Management evaluates the performance of its segments primarily on segment earnings before interest, taxes and amortization ("EBITA"), which represents income before income taxes and noncontrolling interests, excluding corporate expenses, amortization of intangible assets, restructuring and impairment costs, the water systems AFFF settlement costs and insurance recoveries, net mark-to-market gains and losses related to pension and postretirement plans and restricted asbestos investments, and net financing charges. Financial information relating to the Company’s reportable segments is as follows (in millions):
| Net Sales
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Building Solutions North America | $ | 2,899 |  |  | $ | 2,665 |  |  | $ | 8,125 |  |  | $ | 7,552 |
Building Solutions EMEA/LA | 1,081 |  |  | 1,045 |  |  | 3,183 |  |  | 3,051 |
Building Solutions Asia Pacific | 575 |  |  | 736 |  |  | 1,573 |  |  | 2,049 |
Global Products | 2,676 |  |  | 2,687 |  |  | 7,143 |  |  | 7,235 |
Total net sales | $ | 7,231 |  |  | $ | 7,133 |  |  | $ | 20,024 |  |  | $ | 19,887 |
| Segment EBITA
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| 2024 |  | 2023 |  | 2024 |  | 2023
Building Solutions North America | $ | 521 |  |  | $ | 385 |  |  | $ | 1,179 |  |  | $ | 967 |
Building Solutions EMEA/LA | 111 |  |  | 90 |  |  | 280 |  |  | 234 |
Building Solutions Asia Pacific | 67 |  |  | 102 |  |  | 167 |  |  | 249 |
Global Products | 655 |  |  | 593 |  |  | 1,453 |  |  | 1,463 |
Total segment EBITA | 1,354 |  |  | 1,170 |  |  | 3,079 |  |  | 2,913 |
Corporate expenses | 135 |  |  | 122 |  |  | 373 |  |  | 362 |
Amortization of intangible assets | 119 |  |  | 111 |  |  | 366 |  |  | 319 |
Restructuring and impairment costs | 106 |  |  | 81 |  |  | 399 |  |  | 844 |
Water systems AFFF settlement (1) | — |  |  | — |  |  | 750 |  |  | — |
Water systems AFFF insurance recoveries (1) | (351) |  |  | — |  |  | (351) |  |  | — |
Net mark-to-market gains | (5) |  |  | (17) |  |  | (42) |  |  | (16) |
Net financing charges | 71 |  |  | 80 |  |  | 263 |  |  | 218 |
Income before income taxes | $ | 1,279 |  |  | $ | 793 |  |  | $ | 1,321 |  |  | $ | 1,186 |
(1) 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.

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Topic 280 -SubTopic 10 -Name Accounting Standards Codification -Section 55 -Paragraph 48 -Publisher FASB -URI https://asc.fasb.org/1943274/2147482785/280-10-55-48 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 280 -SubTopic 10 -Name Accounting Standards 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