Business Segment Information

6 Months Ended

Mar. 31, 2015

Segment Reporting [Abstract]

Segment Reporting

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

	Three Months Ended March 31,									Six Months Ended March 31,
	Sales					Earnings				Sales				Earnings
	2014			2015		2014		2015		2014		2015		2014		2015
Process Management	$	2,108		2,042		383		299		4,149		4,141		756		691
Industrial Automation	1,232			1,034		187		144		2,381		2,186		349		308
Network Power	1,171			1,063		96		34		2,474		2,182		179		113
Climate Technologies	1,041			982		186		170		1,827		1,882		293		296
Commercial & Residential Solutions	460			465		99		91		926		945		199		194
	6,012			5,586		951		738		11,757		11,336		1,776		1,602
Differences in accounting methods						60		53						117		111
Corporate and other						(147	)	853						(332	)	742
Eliminations/Interest	(200		)	(186	)	(47	)	(40	)	(339	)	(349	)	(101	)	(86	)
Total	$	5,812		5,400		817		1,604		11,418		10,987		1,460		2,369

Industrial Automation intersegment sales for the quarters ended March 31, 2015 and 2014 were $167 million and $182 million, respectively, and year-to-date $312 million and $298 million. The income in corporate and other for 2015 versus expense in 2014 primarily reflects the $932 million gain on the divestiture of power transmission solutions (see Note 11). Additionally, the second quarter includes lower incentive stock compensation of $19 million and the impact of a $34 million loss from the Artesyn equity investment in 2014. The year-to-date change also reflects lower stock compensation of $46 million and the Artesyn equity investment loss, plus favorable comparative impacts versus prior year from $30 million of accelerated charitable contributions and purchase accounting inventory costs of $21 million.