Segment and Geographic Data

12 Months Ended

Sep. 30, 2016

Segment and Geographic Data

Segment and Geographic Data

21. Segment and Geographic Data

        We operate through three reportable segments: Transportation Solutions, Industrial Solutions, and Communications Solutions. See Note 1 for a description of the segments in which we operate. We aggregate our operating segments into reportable segments based upon similar economic characteristics and business groupings of products, services, and customers.

        Segment performance is evaluated based on net sales and operating income. Generally, we consider all expenses to be of an operating nature and, accordingly, allocate them to each reportable segment. Costs specific to a segment are charged to the segment. Corporate expenses, such as headquarters administrative costs, are allocated to the segments based on segment operating income. Intersegment sales were not material and were recorded at selling prices that approximate market prices. Corporate assets are allocated to the segments based on segment assets.

        Net sales and operating income by segment were as follows:

	Net Sales						Operating Income
	Fiscal						Fiscal
	2016		2015		2014		2016			2015		2014
	(in millions)
Transportation Solutions	$	6,503	$	6,351	$	6,090	$	1,191		$	1,193	$	1,245
Industrial Solutions		3,215		3,179		3,302		343			352		431
Communications Solutions		2,520		2,703		2,581		368	(1)		204		129
Total	$	12,238	$	12,233	$	11,973	$	1,902		$	1,749	$	1,805

(1)           Includes pre-tax gain of $144 million on the sale of our CPD business during fiscal 2016.

        No single customer accounted for a significant amount of our net sales in fiscal 2016, 2015, and 2014.

        As we are not organized by product or service, it is not practicable to disclose net sales by product or service.

        Depreciation and amortization and capital expenditures were as follows:

	Depreciation and Amortization						Capital Expenditures
	Fiscal						Fiscal
	2016		2015		2014		2016		2015		2014
	(in millions)
Transportation Solutions	$	337	$	347	$	285	$	429	$	400	$	379
Industrial Solutions		131		123		102		107		104		143
Communications Solutions		117		146		164		92		96		113
Total	$	585	$	616	$	551	$	628	$	600	$	635

        Segment assets and a reconciliation of segment assets to total assets were as follows:

	Segment Assets
	Fiscal Year End
	2016		2015		2014
	(in millions)
Transportation Solutions	$	3,501	$	3,310	$	3,062
Industrial Solutions		1,720		1,720		1,735
Communications Solutions		1,473		1,625		1,689
Total segment assets(1)		6,694		6,655		6,486
Other current assets		1,133		4,150		5,311
Other non-current assets		9,781		9,784		8,335
Total assets	$	17,608	$	20,589	$	20,132

(1)           Segment assets are composed of accounts receivable, inventories, and property, plant, and equipment.

        Net sales and net property, plant, and equipment by geographic region were as follows:

	Net Sales(1)						Property, Plant, and Equipment, Net
	Fiscal						Fiscal Year End
	2016		2015		2014		2016		2015		2014
	(in millions)
Americas:
U.S.	$	3,901	$	3,817	$	3,119	$	922	$	887	$	837
Other Americas		298		321		396		93		87		97
Total Americas		4,199		4,138		3,515		1,015		974		934
Europe/Middle East/Africa:
Switzerland		2,979		2,992		3,483		62		55		54
Germany		127		117		126		334		313		330
Other Europe/Middle East/Africa		1,010		883		615		630		588		642
Total Europe/Middle East/Africa		4,116		3,992		4,224		1,026		956		1,026
Asia–Pacific:
China		2,165		2,367		2,331		491		529		492
Other Asia–Pacific		1,758		1,736		1,903		520		461		468
Total Asia–Pacific		3,923		4,103		4,234		1,011		990		960
Total	$	12,238	$	12,233	$	11,973	$	3,052	$	2,920	$	2,920

(1)           Net sales to external customers is attributed to individual countries based on the legal entity that records the sale.