Shareowners' Equity (Tables)

12 Months Ended

Sep. 30, 2023

Equity [Abstract]

Schedule of Stockholders Equity

Changes in outstanding common shares are summarized as follows (in millions):

	2023	2022	2021
Beginning balance	115.2	116.0	116.2
Treasury stock purchases	(1.2)	(1.3)	(1.1)
Common stock issued (including share-based compensation impact)	0.8	0.5	0.9
Ending balance	114.8	115.2	116.0

Schedule of Accumulated Other Comprehensive Income (Loss)

Changes in Accumulated other comprehensive loss attributable to Rockwell Automation by component were (in millions):

	Pension and other postretirement benefit plan adjustments, net of tax (Note 14)		Accumulated currency translation adjustments, net of tax		Net unrealized (losses) gains on cash flow hedges, net of tax		Total accumulated other comprehensive loss, net of tax
Balance as of September 30, 2020	$	(1,271.2)	$	(311.5)	$	(31.5)	$	(1,614.2)
Other comprehensive income (loss) before reclassifications	438.9		31.4		(29.2)		441.1
Amounts reclassified from accumulated other comprehensive loss	138.2		—		17.8		156.0
Other comprehensive income (loss)	577.1		31.4		(11.4)		597.1
Balance as of September 30, 2021	$	(694.1)	$	(280.1)	$	(42.9)	$	(1,017.1)
Other comprehensive income (loss) before reclassifications	170.7		(184.9)		51.2		37.0
Amounts reclassified from accumulated other comprehensive loss	75.6		—		(13.0)		62.6
Other comprehensive income (loss)	246.3		(184.9)		38.2		99.6
Balance as of September 30, 2022	$	(447.8)	$	(465.0)	$	(4.7)	$	(917.5)
Other comprehensive (loss) income before reclassifications	(49.7)		100.1		12.8		63.2
Amounts reclassified from accumulated other comprehensive loss	90.4		—		(26.2)		64.2
Other comprehensive income (loss)	40.7		100.1		(13.4)		127.4
Balance as of September 30, 2023	$	(407.1)	$	(364.9)	$	(18.1)	$	(790.1)

Reclassification of Accumulated Other Comprehensive Income (Loss)

The reclassifications out of Accumulated other comprehensive loss to the Consolidated Statement of Operations were (in millions):

	Year Ended September 30,						Affected Line in the Consolidated Statement of Operations
	2023		2022		2021
Pension and other postretirement benefit plan adjustments (1)
Amortization of prior service cost (credit)	$	0.1	$	(0.2)	$	(4.0)	Other (expense) income
Amortization of net actuarial (gain) loss	(2.1)		60.1		142.5		Other (expense) income
Settlement and curtailment charges	123.4		38.6		39.8		Other (expense) income
	121.4		98.5		178.3		Income before income taxes
	(31.0)		(22.9)		(40.1)		Income tax provision
	$	90.4	$	75.6	$	138.2	Net income attributable to Rockwell Automation, Inc.
Net unrealized (gains) losses on cash flow hedges
Forward exchange contracts	$	(6.0)	$	(0.7)	$	(1.9)	Sales
Forward exchange contracts	(33.4)		(21.8)		25.4		Cost of sales
Forward exchange contracts	—		0.9		(1.5)		Selling, general and administrative expenses
Treasury locks related to 2019 and 2021 debt issuances	3.5		3.6		2.3		Interest expense
	(35.9)		(18.0)		24.3		Income before income taxes
	9.7		5.0		(6.5)		Income tax provision
	$	(26.2)	$	(13.0)	$	17.8	Net income attributable to Rockwell Automation, Inc.
Total reclassifications	$	64.2	$	62.6	$	156.0	Net income attributable to Rockwell Automation, Inc.

(1) These components are included in the computation of net periodic benefit costs. See Note 14 for further information.