XML 65 R20.htm IDEA: XBRL DOCUMENT v2.4.0.8
Business Segment Information
 9 Months Ended
Jun. 30, 2014
Segment Reporting [Abstract]  
Business Segment Information
Business Segment Information
The following tables reflect the sales and operating results of our reportable segments (in millions):
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
 
2014
 
2013
 
2014
 
2013
Sales
 
 
 
 
 
 
 
Architecture & Software
$
715.2

 
$
671.0

 
$
2,097.9

 
$
1,967.7

Control Products & Solutions
934.3

 
953.2

 
2,743.8

 
2,668.5

Total
$
1,649.5

 
$
1,624.2

 
$
4,841.7

 
$
4,636.2

Segment operating earnings
 
 
 
 
 
 
 
Architecture & Software
$
204.8

 
$
188.6

 
$
606.9

 
$
541.7

Control Products & Solutions
121.3

 
129.2

 
349.3

 
337.3

Total
326.1

 
317.8

 
956.2

 
879.0

Purchase accounting depreciation and amortization
(5.5
)
 
(4.6
)
 
(15.9
)
 
(14.8
)
General corporate – net
(18.1
)
 
(20.9
)
 
(58.7
)
 
(57.5
)
Non-operating pension costs
(14.1
)
 
(19.6
)
 
(42.1
)
 
(59.0
)
Interest expense
(14.4
)
 
(15.3
)
 
(44.3
)
 
(46.0
)
Income before income taxes
$
274.0

 
$
257.4

 
$
795.2

 
$
701.7


Among other considerations, we evaluate performance and allocate resources based upon segment operating earnings before income taxes, interest expense, costs related to corporate offices, non-operating pension costs, certain nonrecurring corporate initiatives, gains and losses from the disposition of businesses and purchase accounting depreciation and amortization. Depending on the product, intersegment sales within a single legal entity are either at cost or cost plus a mark-up, which does not necessarily represent a market price. Sales between legal entities are at an appropriate transfer price. We allocate costs related to shared segment operating activities to the segments using a methodology consistent with the expected benefit.