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Other Financial Information
6 Months Ended
Mar. 31, 2015
Disclosure Text Block [Abstract]  
Other Financial Information
Other Financial Information (in millions):

Sept 30, 2014

 
Mar 31, 2015

Inventories
 
 
 
Finished products
$
741

 
762

Raw materials and work in process
1,316

 
1,345

Total
$
2,057

 
2,107

 
Property, plant and equipment, net
 
 
 
Property, plant and equipment, at cost
$
9,411

 
8,911

Less: Accumulated depreciation
5,609

 
5,341

     Total
$
3,802

 
3,570


Goodwill by business segment
 
 
 
Process Management
$
2,701

 
2,703

Industrial Automation
1,329

 
1,037

Network Power
2,218

 
2,147

Climate Technologies
500

 
491

Commercial & Residential Solutions
434

 
427

     Total
$
7,182

 
6,805



The gross carrying amount of goodwill for the Company was $7,451 million and $7,828 million as of March 31, 2015 and September 30, 2014, respectively. Accumulated pretax impairment losses were $646 million at the end of both periods, all in the Network Power segment. The change in goodwill since September 30, 2014 is primarily due to the sale of the power transmission solutions business (previously reported in the Industrial Automation segment) as well as foreign currency translation. See Note 11.
 
Sept 30, 2014

 
Mar 31, 2015

Accrued expenses include the following
 
 
 
Employee compensation
$
705

 
534

Customer advanced payments
$
455

 
466

Product warranty
$
193

 
170


Other liabilities
 
 
 
Pension plans
$
564

 
538

Deferred income taxes
572

 
543

Postretirement plans, excluding current portion
233

 
216

Other
628

 
661

     Total
$
1,997

 
1,958