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Business Segment Information
6 Months Ended
Mar. 31, 2020
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
March 31,
 
Six Months Ended
March 31,
 
2020
 
2019
 
2020
 
2019
Sales
 
 
 
 
 
 
 
Architecture & Software
$
757.1

 
$
739.7

 
$
1,508.7

 
$
1,492.8

Control Products & Solutions
924.2

 
917.5

 
1,857.1

 
1,806.7

Total
$
1,681.3

 
$
1,657.2

 
$
3,365.8

 
$
3,299.5

Segment operating earnings
 
 
 
 
 
 
 
Architecture & Software
$
232.8

 
$
209.9

 
$
456.5

 
$
446.9

Control Products & Solutions
138.7

 
143.9

 
254.1

 
281.8

Total
371.5

 
353.8

 
710.6

 
728.7

Purchase accounting depreciation and amortization
(9.5
)
 
(4.3
)
 
(19.5
)
 
(8.4
)
General corporate – net
(17.7
)
 
(26.7
)
 
(50.5
)
 
(48.6
)
Non-operating pension and postretirement benefit (cost) credit
(8.6
)
 
2.6

 
(17.3
)
 
5.2

(Loss) gain on investments
(144.8
)
 
98.2

 
(73.8
)
 
(148.2
)
Valuation adjustments related to the registration of PTC Shares

 

 

 
33.7

Interest (expense) income - net
(23.5
)
 
(21.2
)
 
(47.5
)
 
(39.2
)
Income before income taxes
$
167.4

 
$
402.4

 
$
502.0

 
$
523.2


Among other considerations, we evaluate performance and allocate resources based upon segment operating earnings before income taxes, interest (expense) income - net, costs related to corporate offices, non-operating pension and postretirement benefit credit (cost), certain corporate initiatives, gains and losses on investments, valuation adjustments related to the registration of PTC Shares, 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.