Business Segment Information (Tables)

12 Months Ended

Sep. 30, 2021

Schedule of Reportable Segments

The composition of our segments is as follows:

Intelligent Devices

Software & Control(1)

Lifecycle Services(2)

Drives(2)

Control software & hardware

Consulting

Motion(1)

Visualization software & hardware

Professional services and solutions

Safety(1)

Digital twin & simulation software

Connected services

Sensing(1)

Information solutions software

Maintenance services

Industrial components(2)

Network & security infrastructure

Sensia joint venture

Configured-to-order products(2)

(1) Formerly part of the Architecture & Software segment

(2) Formerly part of the Control Products & Solutions segment

The following tables reflect the sales and operating results of our reportable segments including recast information for fiscal 2020 and 2019 (in millions):


	2021		2020		2019
Sales:
Intelligent Devices	$	3,311.9	$	2,956.0	$	3,279.7
Software & Control	1,947.0		1,681.3		1,790.0
Lifecycle Services	1,738.5		1,692.5		1,625.1
Total	$	6,997.4	$	6,329.8	$	6,694.8
Segment operating earnings:
Intelligent Devices	$	702.1	$	587.8	$	697.0
Software & Control	531.0		473.8		531.2
Lifecycle Services	158.2		196.3		245.4
Total	1,391.3		1,257.9		1,473.6
Purchase accounting depreciation and amortization	(55.1)		(41.4)		(16.6)
Corporate and other	(120.6)		(98.9)		(108.8)
Non-operating pension and postretirement benefit (cost) credit	(63.8)		(37.4)		8.4


Gain (loss) on investments	397.4		153.9		(402.2)
Valuation adjustments related to the registration of PTC Shares	—		—		33.7
Legal settlement	70.0		—		—
Interest (expense) income - net	(93.0)		(98.0)		(87.1)
Income before income taxes	$	1,526.2	$	1,136.1	$	901.0

Components of Identifiable Assets, Depreciation and Amortization, and Capital Expenditures for Property

The following tables summarize the identifiable assets at September 30, 2021, 2020 and 2019 and the provision for depreciation and amortization and the amount of capital expenditures for property for the years then ended for each of the reportable segments and Corporate, including recast information for fiscal 2020 and 2019 (in millions):


	2021		2020		2019
Identifiable assets:
Intelligent Devices	$	2,143.3	$	1,585.0	$	1,550.0
Software & Control	4,000.4		1,072.7		872.7
Lifecycle Services	2,124.3		1,915.0		1,133.3
Corporate	2,433.6		2,692.0		2,557.0
Total	$	10,701.6	$	7,264.7	$	6,113.0
Depreciation and amortization:
Intelligent Devices	$	48.6	$	51.8	$	56.0
Software & Control	49.1		40.6		42.6
Lifecycle Services	35.3		37.1		34.8
Corporate	1.7		1.8		2.2
Total	134.7		131.3		135.6
Purchase accounting depreciation and amortization	55.1		41.4		16.6
Total	$	189.8	$	172.7	$	152.2
Capital expenditures for property:
Intelligent Devices	$	52.0	$	51.3	$	74.8
Software & Control	30.4		19.3		34.8
Lifecycle Services	19.6		24.9		16.7
Corporate	18.3		18.4		6.5
Total	$	120.3	$	113.9	$	132.8

Schedule of Sales and Property by Geographic Region

We conduct a significant portion of our business activities outside the United States. The following tables present sales and property by geographic region (in millions):


	Sales						Property
	2021		2020		2019		2021		2020		2019
North America	$	4,132.8	$	3,760.2	$	4,014.3	$	416.1	$	429.4	$	443.8
Europe, Middle East and Africa	1,405.7		1,249.3		1,249.8		91.1		81.9		60.5
Asia Pacific	1,012.2		868.7		908.6		54.8		42.8		41.9
Latin America	446.7		451.6		522.1		19.9		20.3		25.7
Total	$	6,997.4	$	6,329.8	$	6,694.8	$	581.9	$	574.4	$	571.9