Business Segment Information (Tables)

12 Months Ended

Sep. 30, 2024

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


	2024		2023		2022
Sales
Intelligent Devices	$	3,804.1	$	4,098.2	$	3,544.6
Software & Control	2,187.4		2,886.0		2,312.9
Lifecycle Services	2,272.7		2,073.8		1,902.9
Total	$	8,264.2	$	9,058.0	$	7,760.4
Segment operating earnings
Intelligent Devices	$	700.0	$	828.2	$	717.6
Software & Control	529.7		953.2		666.7
Lifecycle Services	365.6		148.4		158.3
Total	1,595.3		1,929.8		1,542.6
Purchase accounting depreciation and amortization, and impairment	(143.9)		(264.4)		(103.9)
Corporate and other	(135.8)		(127.9)		(104.7)
Non-operating pension and postretirement benefit credit (cost)	19.8		(82.7)		(4.7)
Change in fair value of investments	0.1		279.3		(136.9)
Restructuring charges	(97.4)		—		—
Interest expense, net	(139.0)		(125.6)		(118.8)
Income before income taxes	$	1,099.1	$	1,608.5	$	1,073.6

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

The following tables summarize the identifiable assets at September 30, 2024, 2023, and 2022, 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):


	2024		2023		2022
Identifiable assets
Intelligent Devices	$	2,798.1	$	2,676.2	$	2,070.0
Software & Control	4,293.0		4,240.7		3,887.6
Lifecycle Services	2,036.3		1,835.8		1,968.4
Corporate	2,104.7		2,551.3		2,832.7
Total	$	11,232.1	$	11,304.0	$	10,758.7
Depreciation and amortization
Intelligent Devices	$	57.7	$	49.7	$	45.8
Software & Control	68.4		55.8		47.0
Lifecycle Services	43.2		35.5		40.5
Corporate	4.2		2.5		1.7
Total	173.5		143.5		135.0
Purchase accounting depreciation and amortization	143.9		106.9		103.9
Total	$	317.4	$	250.4	$	238.9
Capital expenditures for property
Intelligent Devices	$	74.9	$	60.7	$	45.6
Software & Control	67.5		40.2		29.7
Lifecycle Services	52.7		23.7		32.9
Corporate	29.6		35.9		32.9
Total	$	224.7	$	160.5	$	141.1

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
	2024		2023		2022		2024		2023		2022
North America	$	5,052.8	$	5,224.0	$	4,722.0	$	526.4	$	478.8	$	430.7
Europe, Middle East and Africa	1,504.5		1,870.6		1,437.6		141.6		116.4		78.9
Asia Pacific	1,072.8		1,358.0		1,088.0		91.3		66.2		58.6
Latin America	634.1		605.4		512.8		17.4		22.8		18.3
Total	$	8,264.2	$	9,058.0	$	7,760.4	$	776.7	$	684.2	$	586.5