Business Segments Information

12 Months Ended

Sep. 30, 2012

Segment Reporting [Abstract]

Business Segments Information

(16) BUSINESS SEGMENTS INFORMATION

The Company designs and supplies products and technology and delivers engineering services in a wide range of industrial, commercial and consumer end markets around the world. The business segments of the Company are organized primarily by the nature of the products and services they sell. The Process Management segment provides systems and software, measurement and analytical instrumentation, valves, actuators and regulators, and services and solutions, including digital plant architecture that allows communication of devices with centralized systems, to provide precision measurement, control, monitoring and asset optimization for plants that produce power or process fluids or items such as petroleum, chemicals, food and beverages, pulp and paper, pharmaceuticals, and municipal water supplies. The Industrial Automation segment provides commercial and industrial motors and drives, power transmission and materials handling equipment, low, medium and high voltage alternators and other power generation equipment, materials joining and precision cleaning products, fluid power and control mechanisms, and electrical distribution equipment which are used in a wide variety of manufacturing operations to provide integrated manufacturing solutions to customers. The Network Power segment designs, manufactures, installs and maintains power systems for telecommunications networks, data centers and other critical applications, including power conditioning and uninterruptible AC and DC power supplies, embedded power supplies and computing systems, precision cooling systems, electrical switching equipment, and integrated data center infrastructure monitoring and management systems. The Climate Technologies segment supplies compressors, temperature sensors and controls, thermostats, flow controls and remote monitoring technology and services to all elements of the climate control industry, including residential heating and cooling, commercial air conditioning, and commercial and industrial refrigeration. The Commercial & Residential Solutions (formerly Tools and Storage) segment provides tools for professionals and homeowners, home and commercial storage systems, and appliance solutions. The principal distribution method for each segment is a direct sales force, although the Company also uses independent sales representatives and distributors. Due to its global presence, certain of the Company's international operations are subject to risks such as nationalization of operations, significant currency exchange rate fluctuations and restrictions on the movement of funds.

The primary income measure used for assessing segment performance and making operating decisions is earnings before interest and income taxes. Intersegment selling prices approximate market prices. Accounting method differences between segment reporting and the consolidated financial statements are primarily management fees allocated to segments based on a percentage of sales and the accounting for pension and other retirement plans. Corporate and other includes goodwill impairment charges. Corporate assets are primarily comprised of cash and equivalents, investments and certain fixed assets. Summarized below is information about the Company's operations by business segment and by geographic region (also see Notes 3 through 6).

Business Segments

	Sales							Earnings						Total Assets
	2010			2011		2012		2010		2011		2012		2010	2011	2012
Process Management	$	6,022		7,000		7,899		1,093		1,402		1,599		5,406	5,915	6,607
Industrial Automation	4,289			5,294		5,188		591		830		871		3,688	3,818	3,619
Network Power	5,828			6,811		6,399		800		756		624		8,072	7,945	7,212
Climate Technologies	3,801			3,995		3,766		691		709		668		2,172	2,229	2,260
Commercial &
Residential Solutions	1,755			1,837		1,877		357		375		396		1,314	1,271	1,155
	21,695			24,937		25,129		3,532		4,072		4,158		20,652	21,178	20,853
Differences in
accounting methods								195		231		226
Corporate and other (a)(b)								(587	)	(449	)	(1,045	)	2,191	2,683	2,965
Sales eliminations/Interest	(656		)	(715	)	(717	)	(261	)	(223	)	(224	)
Total	$	21,039		24,222		24,412		2,879		3,631		3,115		22,843	23,861	23,818

(a) Corporate and other primarily reflects changes in incentive stock compensation expense, which decreased $96 in 2011 due to changes in the Company's stock price and a reduced impact from incentive stock plans overlap compared to prior year (see Note 14).

(b) 2012 includes a noncash, pretax goodwill impairment charge of $592 ($528 after-tax, or $0.72 per share) related to the Network Power segment and 2011 includes a charge of $19 ($0.03 per share) related to the Industrial Automation segment (see Note 6).

	Intersegment Sales				Depreciation and Amortization Expense			Capital Expenditures
	2010		2011	2012	2010	2011	2012	2010	2011	2012
Process Management	$	3	7	13	183	198	198	105	194	228
Industrial Automation	570		640	619	150	148	138	114	138	134
Network Power	31		24	38	205	286	256	103	99	101
Climate Technologies	46		42	45	148	138	133	104	120	106
Commercial &
Residential Solutions	6		2	2	95	57	53	57	35	46
Corporate and other					35	40	45	41	61	50
Total	$	656	715	717	816	867	823	524	647	665

Geographic

	Sales by Destination				Property, Plant and Equipment
	2010		2011	2012	2010	2011	2012
United States and Canada	$	9,823	10,773	10,980	1,858	1,869	1,918
Asia	4,858		5,636	5,790	505	583	592
Europe	4,309		5,271	4,946	683	714	689
Latin America	1,065		1,319	1,430	229	262	293
Middle East/Africa	984		1,223	1,266	12	9	17
Total	$	21,039	24,222	24,412	3,287	3,437	3,509

Sales in the U.S. were $10,036, $9,900 and $9,101 for 2012, 2011 and 2010, respectively, while Asia includes sales in China of $3,012, $3,079 and $2,692, respectively. U.S.-located fixed assets were $1,900, $1,853 and $1,839.