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Revenue Recognition (Tables)

3 Months Ended

Dec. 31, 2024

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 December 31,
						2024																		2023
						Products & Systems						Services						Total						Products & Systems						Services						Total
Building Solutions North America						$	1,695					$	1,049					$	2,744					$	1,518					$	969					$	2,487
Building Solutions EMEA/LA						574						499						1,073						572						466						1,038
Building Solutions Asia Pacific						334						193						527						337						170						507
Global Products						1,082						—						1,082						1,177						—						1,177
Total						$	3,685					$	1,741					$	5,426					$	3,604					$	1,605					$	5,209

The following table presents further disaggregation of Global Products segment revenues by product type (in millions):

						Three Months Ended December 31,
						2024						2023
HVAC						$	468					$	533
Fire & Security						522						547
Industrial Refrigeration						92						97
Total						$	1,082					$	1,177

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						December 31, 2024						September 30, 2024
Contract assets - current						Accounts receivable - net						$	1,917					$	1,931
Contract assets - noncurrent						Other noncurrent assets						6						11
Contract liabilities - current						Deferred revenue						2,211						2,160
Contract liabilities - noncurrent						Other noncurrent liabilities						253						252

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):

						December 31, 2024						September 30, 2024
Other current assets						$	276					$	265
Other noncurrent assets						284						291
Total						$	560					$	556

X

- Definition

Tabular disclosure of cost capitalized in obtaining or fulfilling contract with customer.

+ References

Reference 1: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 340
-SubTopic 40
-Name Accounting Standards Codification
-Section 50
-Paragraph 3
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479483/340-40-50-3

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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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 10
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-10

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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
-Topic 606
-SubTopic 10
-Name Accounting Standards Codification
-Section 50
-Paragraph 5
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147479806/606-10-50-5

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