Business Segment Information

9 Months Ended

Jun. 30, 2019

Segment Reporting [Abstract]

Segment Reporting

BUSINESS SEGMENTS

Summarized information about the Company's results of operations by business segment follows:

	Three Months Ended June 30,									Nine Months Ended June 30,
	Sales					Earnings				Sales			Earnings
	2018			2019		2018		2019		2018		2019	2018		2019
Automation Solutions	$	2,870		3,025		494		477		8,213		8,834	1,316		1,328
Climate Technologies	1,236			1,199		294		278		3,286		3,171	712		650
Tools & Home Products	356			463		93		93		1,041		1,390	276		286
Commercial & Residential Solutions	1,592			1,662		387		371		4,327		4,561	988		936
Differences in accounting methods						57		64					163		188
Corporate and other						(131	)	(102	)				(425	)	(285	)
Eliminations/Interest	(6		)	(3	)	(39	)	(43	)	(20	)	6	(113	)	(134	)
Total	$	4,456		4,684		768		767		12,520		13,401	1,929		2,033

The decrease in Corporate and other expense for the three and nine months ended June 30, 2019 was primarily due to lower acquisition/divestiture-related costs of $7 and $42, respectively, and lower incentive stock compensation of $12 and $61, respectively, reflecting a decreasing stock price in the current year compared to an increasing stock price in the prior year. On a year-to-date basis, the prior year also included valves & controls first year acquisition accounting charges of $10 related to inventory and $19 for backlog amortization.

Automation Solutions sales by major product offering are summarized below:

	Three Months Ended June 30,				Nine Months Ended June 30,
		2018		2019		2018	2019
Measurement & Analytical Instrumentation		$	932	945		2,564	2,730
Valves, Actuators & Regulators		948		941		2,732	2,752
Industrial Solutions		470		548		1,382	1,664
Process Control Systems & Solutions		520		591		1,535	1,688
Automation Solutions		$	2,870	3,025		8,213	8,834

Segment sales by geographic destination are summarized below:

	Three Months Ended June 30,
	2018				2019
	Automation Solutions		Commercial & Residential Solutions	Total	Automation Solutions	Commercial & Residential Solutions	Total
Americas	$	1,401	1,099	2,500	1,448	1,164	2,612
Asia, Middle East & Africa	917		339	1,256	970	313	1,283
Europe	552		154	706	607	185	792
Total	$	2,870	1,592	4,462	3,025	1,662	4,687
	Nine Months Ended June 30,
	2018				2019
	Automation Solutions		Commercial & Residential Solutions	Total	Automation Solutions	Commercial & Residential Solutions	Total
Americas	$	4,059	2,860	6,919	4,376	3,153	7,529
Asia, Middle East & Africa	2,575		1,027	3,602	2,721	863	3,584
Europe	1,579		440	2,019	1,737	545	2,282
Total	$	8,213	4,327	12,540	8,834	4,561	13,395