Restructuring Costs

6 Months Ended

Mar. 31, 2021

Restructuring and Related Activities [Abstract]

Restructuring Costs

RESTRUCTURING COSTS

Restructuring expense reflects costs associated with the Company’s ongoing efforts to improve operational efficiency and deploy assets globally in order to remain competitive on a worldwide basis. Costs incurred in the first six months of fiscal 2021 relate to the Company's initiatives to improve operating margins that began in the third quarter of fiscal 2019 and were increased in response to the effects of the COVID-19 pandemic on demand for the Company's products. Expenses incurred in the first six months of fiscal 2021 included workforce reductions of approximately 1,700 employees. The Company expects fiscal 2021 restructuring expense and related costs to be approximately $200, including costs to complete actions initiated in the first six months of the year.

Restructuring expense by business segment follows:

	Three Months Ended March 31,					Six Months Ended March 31,
	2020			2021		2020		2021
Automation Solutions		$	23		12		106		76
Climate Technologies		2			3		9		4
Tools & Home Products		5			1		8		2
Commercial & Residential Solutions		7			4		17		6
Corporate		1			1		5		1
Total		$	31		17		128		83

Details of the change in the liability for restructuring costs during the six months ended March 31, 2021 follow:

	Sept 30, 2020			Expense		Utilized/Paid		Mar 31, 2021
Severance and benefits		$	176		71		71		176
Other		5			12		13		4
Total		$	181		83		84		180

The tables above do not include $9 and $4 of costs related to restructuring actions incurred for the three months ended March 31, 2020 and 2021, respectively, that are required to be reported in cost of sales and selling, general and administrative expenses, while year-to-date amounts are $9 and $7, respectively.