Segment Reporting

3 Months Ended

Dec. 31, 2012

Summarized information about the Company's results of operations by business segment follows (in millions):



	Three Months Ended December 31,
	Sales					Earnings
	2011			2012		2011		2012
Process Management	$	1,527		1,896		190		333
Industrial Automation	1,229			1,137		182		164
Network Power	1,495			1,459		122		105
Climate Technologies	733			752		100		101
Commercial & Residential Solutions	457			453		97		97
	5,441			5,697		691		800
Differences in accounting methods						49		50
Corporate and other						(129	)	(123	)
Eliminations/Interest	(132		)	(144	)	(58	)	(54	)
Total	$	5,309		5,553		553		673

Industrial Automation intersegment sales were $121 million in the first quarter of 2013 and $110 million in 2012. Corporate and other decreased slightly, primarily reflecting higher incentive stock compensation expense of $22 million in 2013 due to the overlap of two performance shares plans, offset by the absence of a $19 million charge related to retiree medical benefits in 2012.

- Definition

The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments.

+ References

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-LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy.

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+ Details