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Revenue Recognition (Tables)
 12 Months Ended
Sep. 30, 2019
Revenue from Contract with Customer [Abstract]  
Schedule of New Accounting Pronouncements and Changes in Accounting Principles
As a result of applying the modified retrospective method, the following adjustments were made to the Consolidated Balance Sheet as of October 1, 2018 (in millions):
 
September 30,
2018
 
Impact of Adoption
 
October 1,
2018
ASSETS
Current assets:
 
 
 
 
 
Receivables
$
1,190.1

 
$
4.5

 
$
1,194.6

Other current assets
149.3

 
17.7

 
167.0

Deferred income taxes
179.6

 
1.2

 
180.8

Other assets
96.2

 
11.4

 
107.6

LIABILITIES AND SHAREOWNERS’ EQUITY
Current liabilities:
 
 
 
 
 
Contract liabilities
$
249.9

 
$
18.7

 
$
268.6

Customer returns, rebates and incentives
206.6

 
4.4

 
211.0

Other current liabilities
226.6

 
5.6

 
232.2

Shareowners’ equity:
 
 
 
 
 
Retained earnings
6,198.1

 
6.1

 
6,204.2


In accordance with ASC 606, the disclosure of the impact of adoption to the Consolidated Balance Sheet was as follows (in millions):
 
September 30, 2019
 
As reported
 
Impact of Adoption
 
Balances without adoption of ASC 606
ASSETS
Current assets:
 
 
 
 
 
Receivables
$
1,178.7

 
$
(3.0
)
 
$
1,175.7

Other current assets
173.3

 
(15.9
)
 
157.4

Deferred income taxes
364.1

 
(1.2
)
 
362.9

Other assets
132.2

 
(10.2
)
 
122.0

LIABILITIES AND SHAREOWNERS’ EQUITY
Current liabilities:
 
 
 
 
 
Contract liabilities
$
275.6

 
$
(19.7
)
 
$
255.9

Customer returns, rebates and incentives
199.2

 
(1.7
)
 
197.5

Other current liabilities
227.9

 
(4.0
)
 
223.9

Shareowners’ equity:
 
 
 
 
 
Retained earnings
6,440.2

 
(5.3
)
 
6,434.9

Accumulated other comprehensive loss
(1,488.0
)
 
0.4

 
(1,487.6
)
In accordance with ASC 606, the disclosure of the impact of adoption to the Consolidated Statement of Operations was as follows (in millions):
 
Year Ended September 30, 2019
 
As reported
 
Impact of Adoption
 
Balances without adoption of ASC 606
Sales
 
 
 
 
 
Products and solutions
$
5,938.5

 
$
7.1

 
$
5,945.6

Services
756.3

 
(16.1
)
 
740.2

Cost of sales
 
 
 
 
 
Products and solutions
(3,313.6
)
 
(8.3
)
 
(3,321.9
)
Services
(481.1
)
 
18.6

 
(462.5
)
Income tax provision
(205.2
)
 
(0.5
)
 
(205.7
)

In accordance with ASC 606, the disclosure of the impact of adoption to the Consolidated Statement of Comprehensive Income was as follows (in millions):
 
Year Ended September 30, 2019
 
As reported
 
Impact of Adoption
 
Balances without adoption of ASC 606
Net income
$
695.8

 
$
0.8

 
$
696.6

Other comprehensive income (loss), net of tax:
 
 
 
 
 
Currency translation adjustments
(55.3
)
 
0.4

 
(54.9
)
In accordance with ASC 606, the disclosure of the impact of adoption to the Consolidated Statement of Cash Flows was as follows (in millions):
 
Year Ended September 30, 2019
 
As reported
 
Impact of Adoption
 
Balances without adoption of ASC 606
Operating activities:
 
 
 
 
 
Net income
$
695.8

 
$
0.8

 
$
696.6

Deferred income taxes
(29.0
)
 
0.1

 
(28.9
)
Receivables
(10.4
)
 
(1.5
)
 
(11.9
)
Contract liabilities
12.1

 
(2.6
)
 
9.5

Income taxes
(18.8
)
 
(2.1
)
 
(20.9
)
Other assets and liabilities
(1.8
)
 
5.3

 
3.5

In accordance with ASC 606, the disclosure of the impact of adoption to the Consolidated Statement of Shareowners’ Equity was as follows (in millions):
 
Year Ended September 30, 2019
 
As reported
 
Impact of Adoption
 
Balances without adoption of ASC 606
Retained earnings
 
 
 
 
 
Beginning balance
$
6,204.2

 
$
(6.1
)
 
$
6,198.1

Net income
695.8

 
0.8

 
696.6

Accumulated other comprehensive loss
 
 
 
 
 
Other comprehensive income
(1,488.0
)
 
0.4

 
(1,487.6
)
Disaggregation of Revenue
The following reflects the disaggregation of our revenues by operating segment and by geographic region (in millions):
 
Year Ended September 30, 2019
 
Architecture & Software
 
Control Products & Solutions
 
Total
North America
$
1,752.1

 
$
2,262.2

 
$
4,014.3

Europe, Middle East and Africa (EMEA)
654.2

 
595.6

 
1,249.8

Asia Pacific
426.4

 
482.2

 
908.6

Latin America
189.2

 
332.9

 
522.1

Total Company Sales
$
3,021.9

 
$
3,672.9

 
$
6,694.8








The following reflects the disaggregation of our revenues by operating segment and by major types of products or services (in millions):
 
Year Ended September 30, 2019
 
Architecture & Software
 
Control Products & Solutions
 
Total
Products
$
3,021.9

 
$
1,469.1

 
$
4,491.0

Solutions & Services
—

 
2,203.8

 
2,203.8

Total Company Sales
$
3,021.9

 
$
3,672.9

 
$
6,694.8
Contract Balances
Below is a summary of our contract liabilities balance:
 
 
September 30, 2019
Balance as of beginning of fiscal year
 
$
268.6

Balance as of end of period
 
275.6