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Other Financial Information
9 Months Ended
Jun. 30, 2012
Other Financial Information [Abstract]  
Other Financial Information
Other Financial Information (in millions):
 
Sept 30, 2011
 
June 30, 2012
Inventories
 
 
 
Finished products
$
742

 
845

Raw materials and work in process
1,358

 
1,522

Total
$
2,100

 
2,367

 
Property, plant and equipment, net
 
 
 
Property, plant and equipment, at cost
$
8,731

 
8,821

Less: Accumulated depreciation
5,294

 
5,403

     Total
$
3,437

 
3,418


Goodwill by business segment
 
 
 
Process Management
$
2,368

 
2,356

Industrial Automation
1,393

 
1,332

Network Power
3,990

 
4,017

Climate Technologies
483

 
503

Commercial & Residential Solutions
537

 
531

     Total
$
8,771

 
8,739



Changes in goodwill since September 30, 2011 are primarily due to foreign currency translation and two small acquisitions in the second quarter. Valuations of certain acquired assets and liabilities are in-process and purchase price allocations for acquisitions are subject to refinement.

As of June 30, 2012, the Company's total market value based on its exchange-traded stock price was $34 billion and common stockholders' equity was $11 billion. As discussed in the 2011 Annual Report, the Company's annual goodwill impairment assessment identified certain units for which fair value exceeded the carrying value of the businesses by small margins. During fiscal 2012, demand in certain end markets has slowed as global business conditions have weakened. In the fourth quarter, the Company began its process to develop business plans for fiscal 2013 and beyond, including any potential changes in strategy, which will be used in the fiscal 2012 assessment. The operations that will be a focus of the assessment have goodwill totaling in excess of $1 billion, and include the embedded computing and power business in the Network Power segment and the subsea oil and gas devices and software business in the Process Management segment.
 
Sept 30, 2011
 
June 30, 2012
Accrued expenses include the following:
 

 
 

Employee compensation
$
640

 
609

Customer advanced payments
$
385

 
387

Product warranty
$
211

 
197


Other liabilities
 
 
 
Deferred income taxes
$
764

 
714

Pension plans
736

 
688

Postretirement plans, excluding current portion
361

 
348

Other
660

 
726

     Total
$
2,521

 
2,476