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Other Financial Information
 3 Months Ended
Dec. 31, 2020
Disclosure Text Block [Abstract]  
Other Financial Information OTHER FINANCIAL INFORMATION

Sept 30, 2020Dec 31, 2020
Inventories
Finished products$584 621 
Raw materials and work in process1,344 1,392 
Total$1,928 2,013 

Property, plant and equipment, net  
Property, plant and equipment, at cost$9,055 9,196 
Less: Accumulated depreciation5,367 5,503 
     Total$3,688 3,693 

Goodwill by business segment
Automation Solutions$5,583 6,638 
Climate Technologies730 757 
Tools & Home Products421 437 
Commercial & Residential Solutions1,151 1,194 
     Total$6,734 7,832 

Other intangible assets  
Gross carrying amount$5,106 5,964 
Less: Accumulated amortization2,638 2,768 
     Net carrying amount$2,468 3,196 
Other intangible assets include customer relationships, net of $1,328 and $1,635 as of September 30, 2020 and December 31, 2020, respectively. The increases in goodwill and other intangible assets reflect the acquisition of OSI. See Note 4.
Other assets include the following:
Operating lease right-of-use assets$508 534 
Pension assets265 322 
Deferred income taxes99 102 
Asbestos-related insurance receivables100 98 
Sept 30, 2020Dec 31, 2020
Accrued expenses include the following:
Customer advances (contract liabilities)$583 699 
Employee compensation577 443 
Product warranty148 154 
Operating lease liabilities (current)148 152 

Other liabilities include the following:  
Pension and postretirement liabilities$769 790 
Deferred income taxes261 411 
Operating lease liabilities (noncurrent)373 398 
Asbestos litigation295 276