Goodwill And Other Intangibles

12 Months Ended

Sep. 30, 2020

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill And Other Intangibles

GOODWILL AND OTHER INTANGIBLES

The change in the carrying value of goodwill by business segment follows:

	Automation Solutions		Climate Technologies	Tools & Home Products	Commercial & Residential Solutions
						Total
Balance, September 30, 2018	$	5,355	670	430	1,100	6,455
Acquisitions	210		—	—	—	210
Foreign currency translation and other	(98)		(2)	(29)	(31)	(129)
Balance, September 30, 2019	5,467		668	401	1,069	6,536
Acquisitions	23		59	—	59	82
Foreign currency translation and other	93		3	20	23	116
Balance, September 30, 2020	$	5,583	730	421	1,151	6,734

The gross carrying amount and accumulated amortization of identifiable intangible assets by major class follow:

	Customer Relationships			Intellectual Property		Capitalized Software		Total
	2019		2020	2019	2020	2019	2020	2019	2020
Gross carrying amount	$	1,973	2,059	1,565	1,628	1,334	1,419	4,872	5,106
Less: Accumulated amortization	582		731	650	773	1,025	1,134	2,257	2,638
Net carrying amount	$	1,391	1,328	915	855	309	285	2,615	2,468

Intangible asset amortization expense for the major classes included above for 2020, 2019 and 2018 was $369, $359 and $314, respectively. Based on intangible asset balances as of September 30, 2020, amortization expense is expected to approximate $352 in 2021, $316 in 2022, $291 in 2023, $256 in 2024 and $236 in 2025. These amounts do not include the impact of the acquisition of Open Systems International, Inc., which closed on October 1, 2020.