XML 53 R10.htm IDEA: XBRL DOCUMENT v2.4.0.8
Other Financial Information
9 Months Ended
Jun. 30, 2014
Disclosure Text Block [Abstract]  
Other Financial Information
Other Financial Information (in millions):
 
Sept 30, 2013

 
June 30, 2014

Inventories
 
 
 
Finished products
$
678

 
814

Raw materials and work in process
1,217

 
1,439

Total
$
1,895

 
2,253

 
Property, plant and equipment, net
 
 
 
Property, plant and equipment, at cost
$
9,092

 
9,413

Less: Accumulated depreciation
5,487

 
5,676

     Total
$
3,605

 
3,737



 
Sept 30, 2013

 
June 30, 2014

Goodwill by business segment
 
 
 
Process Management
$
2,383

 
2,745

Industrial Automation
1,352

 
1,364

Network Power
2,832

 
2,865

Climate Technologies
503

 
505

Commercial & Residential Solutions
439

 
438

     Total
$
7,509

 
7,917



The change in goodwill since September 30, 2013 is primarily due to the Virgo and Enardo acquisitions (see Note 11) and foreign currency translation.

The Company performs its annual goodwill impairment review in the fourth quarter. As discussed in the Company's 2013 Annual Report on Form 10-K, the European network power systems business has faced integration challenges as well as difficult end markets stemming from the weak economy in Europe. These factors as well as recent political instability continue to challenge the business, which has approximately $1 billion of goodwill, and will be the focus of this year's review. This business is a provider of uninterruptible power supplies and thermal management products, and data center services and solutions, for the Europe, Middle East and Africa markets.
 
Sept 30, 2013

 
June 30, 2014

Accrued expenses include the following
 
 
 
Employee compensation
$
650

 
681

Customer advanced payments
$
402

 
448

Product warranty
$
183

 
187


Other liabilities
 
 
 
Pension plans
$
539

 
512

Deferred income taxes
823

 
747

Postretirement plans, excluding current portion
263

 
259

Other
688

 
626

     Total
$
2,313

 
2,144