XML 64 R44.htm IDEA: XBRL DOCUMENT v3.25.3
Revenue Recognition (Tables)
12 Months Ended
Sep. 30, 2025
Revenue Recognition [Abstract]  
Disaggregation of Revenue
Disaggregation of Revenue
The tables below present our consolidated sales disaggregated by supply mode for each of our reportable segments. We believe this presentation best depicts the nature, timing, type of customer, and contract terms for our sales.
AmericasAsiaEuropeMiddle East and IndiaCorporate and otherTotal%
2025
On-site$2,918.2 $2,190.9 $992.7 $78.6 $— $6,180.4 52%
Merchant2,207.7 1,080.1 1,991.8 57.3 — 5,336.9 44%
Sale of equipment— — — — 520.0 520.0 4%
Total $5,125.9 $3,271.0 $2,984.5 $135.9 $520.0 $12,037.3 100%
2024
On-site$2,844.4 $2,066.4 $910.5 $71.4 $— $5,892.7 49%
Merchant2,195.7 1,157.9 1,912.9 63.0 — 5,329.5 44%
Sale of equipment(A)
— — — — 878.4 878.4 7%
Total$5,040.1 $3,224.3 $2,823.4 $134.4 $878.4 $12,100.6 100%
2023
On-site$3,143.9 $1,923.0 $1,036.6 $75.7 $— $6,179.2 49%
Merchant2,225.4 1,293.1 1,926.5 86.8 — 5,531.8 44%
Sale of equipment(A)
— — — — 889.0 889.0 7%
Total$5,369.3 $3,216.1 $2,963.1 $162.5 $889.0 $12,600.0 100%
(A)Through the end of fiscal year 2024, our Corporate and other segment included the liquefied natural gas ("LNG") process technology and equipment business, which was sold to Honeywell International Inc. on 30 September 2024. Refer to Note 4, Gain on Sale of Business, for additional information regarding the sale.
Interest income from financing and lease arrangements represented approximately 1% of our total consolidated sales in fiscal years 2025 and 2024, and less than 1% in fiscal year 2023.
Contract Assets and Liabilities
Contract Balances
The table below details balances arising from contracts with customers:
30 SeptemberBalance Sheet Location20252024
Assets
Contract assets – currentOther receivables and current assets$152.6 $76.2 
Contract fulfillment costs – currentOther receivables and current assets85.4 103.7 
Contract assets – noncurrent
Other noncurrent assets82.3 — 
Contract fulfillment costs – noncurrentOther noncurrent assets33.8 — 
Liabilities
Contract liabilities – currentPayables and accrued liabilities$253.4 $240.0 
Contract liabilities – noncurrentOther noncurrent liabilities283.6 290.0