Business Segment Information (Tables)

12 Months Ended

Sep. 30, 2023

Sales and operating results of our reportable segments were (in millions):


	2023		2022		2021
Sales
Intelligent Devices	$	4,098.2	$	3,544.6	$	3,311.9
Software & Control	2,886.0		2,312.9		1,947.0
Lifecycle Services	2,073.8		1,902.9		1,738.5
Total	$	9,058.0	$	7,760.4	$	6,997.4
Segment operating earnings
Intelligent Devices	$	828.2	$	717.6	$	702.1
Software & Control	953.2		666.7		531.0
Lifecycle Services	148.4		158.3		158.2
Total	1,929.8		1,542.6		1,391.3
Purchase accounting depreciation and amortization, and impairment	(264.4)		(103.9)		(55.1)
Corporate and other	(127.9)		(104.7)		(120.6)
Non-operating pension and postretirement benefit cost	(82.7)		(4.7)		(63.8)
Change in fair value of investments	279.3		(136.9)		397.4
Legal settlement	—		—		70.0
Interest expense, net	(125.6)		(118.8)		(93.0)
Income before income taxes	$	1,608.5	$	1,073.6	$	1,526.2

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

The following tables summarize the identifiable assets at September 30, 2023, 2022, and 2021, 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 (in millions):


	2023		2022		2021
Identifiable assets
Intelligent Devices	$	2,676.2	$	2,070.0	$	2,143.3
Software & Control	4,240.7		3,887.6		4,000.4
Lifecycle Services	1,835.8		1,968.4		2,124.3
Corporate	2,551.3		2,832.7		2,433.6
Total	$	11,304.0	$	10,758.7	$	10,701.6
Depreciation and amortization
Intelligent Devices	$	49.7	$	45.8	$	48.6
Software & Control	55.8		47.0		49.1
Lifecycle Services	35.5		40.5		35.3
Corporate	2.5		1.7		1.7
Total	143.5		135.0		134.7
Purchase accounting depreciation and amortization	106.9		103.9		55.1

Total	$	250.4	$	238.9	$	189.8
Capital expenditures for property
Intelligent Devices	$	60.7	$	45.6	$	52.0
Software & Control	40.2		29.7		30.4
Lifecycle Services	23.7		32.9		19.6
Corporate	35.9		32.9		18.3
Total	$	160.5	$	141.1	$	120.3

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
	2023		2022		2021		2023		2022		2021
North America	$	5,224.0	$	4,722.0	$	4,132.8	$	478.8	$	430.7	$	416.1
Europe, Middle East and Africa	1,870.6		1,437.6		1,405.7		116.4		78.9		91.1
Asia Pacific	1,358.0		1,088.0		1,012.2		66.2		58.6		54.8
Latin America	605.4		512.8		446.7		22.8		18.3		19.9
Total	$	9,058.0	$	7,760.4	$	6,997.4	$	684.2	$	586.5	$	581.9