Business Segment Information (Tables)

12 Months Ended

Sep. 30, 2025

Segment Reporting [Abstract]

Schedule of Reportable Segments

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

	2025
	Intelligent Devices		Software & Control		Lifecycle Services		Total
Sales	$	3,756	$	2,383	$	2,203	$	8,342
Less:
Segment cost of sales	(2,045)		(697)		(1,459)
Segment selling, general and administrative expenses	(761)		(612)		(377)
Segment engineering and development expenses	(266)		(361)		(52)
Other segment items (1)	(8)		(5)		4
Segment operating earnings	$	676	$	708	$	319	1,703
Purchase accounting depreciation and amortization, and impairment							(365)
Corporate and other (2)							(125)
Non-operating pension and postretirement benefit cost							(1)
Net legacy asbestos and environmental charges (2)							(154)
Change in fair value of investments							(3)
Restructuring reversals							5
Interest expense, net							(143)
Income before income taxes							$	917

(1) Other segment items are primarily comprised of foreign currency adjustments for each segment.

(2) Legacy asbestos and environmental charges were previously included in Corporate and other. All periods have been recast to conform with current year presentation.

	2024
	Intelligent Devices		Software & Control		Lifecycle Services		Total
Sales	$	3,804	$	2,187	$	2,273	$	8,264
Less:
Segment cost of sales	(2,072)		(678)		(1,496)
Segment selling, general and administrative expenses	(783)		(630)		(363)
Segment engineering and development expenses	(254)		(351)		(46)
Other segment items (1)	5		2		(3)
Segment operating earnings	$	700	$	530	$	365	1,595
Purchase accounting depreciation and amortization, and impairment							(144)
Corporate and other (2)							(114)
Non-operating pension and postretirement benefit credit							20
Net legacy asbestos and environmental charges (2)							(21)
Change in fair value of investments							—
Restructuring charges							(97)
Interest expense, net							(139)
Income before income taxes							$	1,100

(1) Other segment items are primarily comprised of foreign currency adjustments for each segment, adjustments related to acquisition earnouts for Intelligent Devices, and income from royalties for Software and Control.

(2) Legacy asbestos and environmental charges were previously included in Corporate and other. All periods have been recast to conform with current year presentation.

	2023
	Intelligent Devices		Software & Control		Lifecycle Services		Total
Sales	$	4,098	$	2,886	$	2,074	$	9,058
Less:
Segment cost of sales	(2,182)		(869)		(1,508)
Segment selling, general and administrative expenses	(815)		(665)		(382)
Segment engineering and development expenses	(268)		(399)		(43)
Other segment items (1)	(5)		—		7
Segment operating earnings	$	828	$	953	$	148	1,929
Purchase accounting depreciation and amortization, and impairment							(264)
Corporate and other (2)							(110)
Non-operating pension and postretirement benefit cost							(83)
Net legacy asbestos and environmental charges (2)							(18)
Change in fair value of investments							279
Restructuring charges							—
Interest expense, net							(125)
Income before income taxes							$	1,608

(1) Other segment items are primarily comprised of foreign currency adjustments for each segment and income from royalties for Software and Control.

(2) Legacy asbestos and environmental charges were previously included in Corporate and other. All periods have been recast to conform with current year presentation.

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

The following tables summarize the identifiable assets at September 30, 2025, 2024, and 2023, 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):

	2025		2024		2023
Identifiable assets
Intelligent Devices	$	3,177	$	2,798	$	2,676
Software & Control	3,795		4,293		4,241
Lifecycle Services	1,897		2,036		1,836
Corporate	2,350		2,105		2,551
Total	$	11,219	$	11,232	$	11,304
Depreciation and amortization
Intelligent Devices	$	62	$	58	$	50
Software & Control	74		68		56
Lifecycle Services	43		43		35
Corporate	5		4		2
Total	184		173		143
Purchase accounting depreciation and amortization	141		144		107
Total	$	325	$	317	$	250
Capital expenditures for property
Intelligent Devices	$	81	$	75	$	61
Software & Control	47		67		40
Lifecycle Services	38		53		24
Corporate	20		30		36
Total	$	186	$	225	$	161

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
	2025		2024		2023		2025		2024		2023
North America	$	5,270	$	5,053	$	5,224	$	516	$	526	$	479
Europe, Middle East and Africa	1,488		1,504		1,871		149		142		116
Asia Pacific	1,024		1,073		1,358		116		91		66
Latin America	560		634		605		16		18		23
Total	$	8,342	$	8,264	$	9,058	$	797	$	777	$	684