XML 69 R20.htm IDEA: XBRL DOCUMENT v3.2.0.727
Business Segment Information
9 Months Ended
Jun. 30, 2015
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,
 
2015
 
2014
 
2015
 
2014
Sales
 
 
 
 
 
 
 
Architecture & Software
$
683.5

 
$
715.2

 
$
2,065.6

 
$
2,097.9

Control Products & Solutions
891.7

 
934.3

 
2,634.8

 
2,743.8

Total
$
1,575.2

 
$
1,649.5

 
$
4,700.4

 
$
4,841.7

Segment operating earnings
 
 
 
 
 
 
 
Architecture & Software
$
199.9

 
$
204.8

 
$
622.1

 
$
606.9

Control Products & Solutions
143.8

 
121.3

 
402.6

 
349.3

Total
343.7

 
326.1

 
1,024.7

 
956.2

Purchase accounting depreciation and amortization
(5.2
)
 
(5.5
)
 
(15.8
)
 
(15.9
)
General corporate – net
(21.9
)
 
(18.1
)
 
(66.1
)
 
(58.7
)
Non-operating pension costs
(15.6
)
 
(14.1
)
 
(47.2
)
 
(42.1
)
Interest expense
(16.4
)
 
(14.4
)
 
(47.0
)
 
(44.3
)
Income before income taxes
$
284.6

 
$
274.0

 
$
848.6

 
$
795.2


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.