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Segment Information | 9 Months Ended
--- | ---
Jun. 30, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract] |
Segment Information | SEGMENT INFORMATION On April 1, 2025, the Company, as part of ongoing initiatives to drive simplification, accelerate growth, better reflect its organizational and operational structure and align with the manner in which the Company's chief operating decision maker assesses performance and makes decisions regarding the allocation of resources following portfolio simplification actions, realigned into three reportable segments (Americas, EMEA and APAC). The Company conducts its business through three operating segments, all of which are reportable segments: •Americas, which designs, manufactures, sells, installs and services HVAC, controls, building management, refrigeration, integrated electronic security systems, integrated fire detection and suppression systems, and digital (software) solutions for commercial, industrial, data center, institutional and governmental customers in the Americas (United States, Canada, and Latin America – Central and South America). Americas also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven "smart building" solutions, to the Americas marketplace. •EMEA, which designs, manufactures sells, installs and services HVAC, controls, building management, refrigeration, integrated electronic security systems, integrated fire detection and suppression systems, and digital (software) solutions for commercial, residential security (Global Subscriber business), industrial, data center, institutional, governmental, and marine customers and provides technical services, including data-driven “smart building” solutions, to markets in Europe, the Middle East and Africa. •APAC, which designs, manufactures, sells, installs, and services HVAC, controls, building management, refrigeration, integrated electronic security systems, integrated fire detection and suppression systems, and digital (software) solutions for commercial, industrial, data center, institutional, and governmental customers and provides technical services, including data-driven “smart building” solutions, to the Asian and Pacific marketplace. Management evaluates the performance of its segments primarily on segment earnings before interest, taxes and amortization ("EBITA"), which represents income from continuing operations 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,
| 2025 |  | 2024 |  | 2025 |  | 2024
Americas | $ | 4,042 |  |  | $ | 4,035 |  |  | $ | 11,506 |  |  | $ | 11,341 |
EMEA | 1,273 |  |  | 1,177 |  |  | 3,631 |  |  | 3,440 |
APAC | 737 |  |  | 686 |  |  | 2,017 |  |  | 1,923 |
Total net sales | $ | 6,052 |  |  | $ | 5,898 |  |  | $ | 17,154 |  |  | $ | 16,704 |
| Segment EBITA
| Three Months Ended June 30, |  | Nine Months Ended June 30,
| 2025 |  | 2024 |  | 2025 |  | 2024
Americas | $ | 742 |  |  | $ | 804 |  |  | $ | 2,038 |  |  | $ | 1,853 |
EMEA | 177 |  |  | 154 |  |  | 448 |  |  | 397 |
APAC | 143 |  |  | 128 |  |  | 337 |  |  | 320 |
Total segment EBITA | 1,062 |  |  | 1,086 |  |  | 2,823 |  |  | 2,570 |
Corporate expenses | 141 |  |  | 128 |  |  | 498 |  |  | 359 |
Amortization of intangible assets | 110 |  |  | 116 |  |  | 342 |  |  | 357 |
Restructuring and impairment costs | 51 |  |  | 103 |  |  | 146 |  |  | 377 |
Water systems AFFF settlement (1) | — |  |  | — |  |  | — |  |  | 750 |
Water systems AFFF insurance recoveries (1) | (1) |  |  | (351) |  |  | (13) |  |  | (351) |
Net mark-to-market gains | (21) |  |  | (5) |  |  | (7) |  |  | (42) |
Net financing charges | 77 |  |  | 70 |  |  | 243 |  |  | 246 |
Income before income taxes | $ | 705 |  |  | $ | 1,025 |  |  | $ | 1,614 |  |  | $ | 874 |
(1) Refer to Note 18, "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. 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