XML 30 R18.htm IDEA: XBRL DOCUMENT v3.22.0.1
Other Financial Information
3 Months Ended
Dec. 31, 2021
Disclosure Text Block [Abstract]  
Other Financial Information OTHER FINANCIAL INFORMATION

Sept 30, 2021Dec 31, 2021
Inventories
Finished products$616 744 
Raw materials and work in process1,434 1,591 
Total$2,050 2,335 
Property, plant and equipment, net  
Property, plant and equipment, at cost$9,427 9,442 
Less: Accumulated depreciation5,689 5,757 
     Total$3,738 3,685 
Goodwill by business segment
Automation Solutions$6,552 6,534 
Climate Technologies753 751 
Tools & Home Products418 410 
Commercial & Residential Solutions1,171 1,161 
     Total$7,723 7,695 
Other intangible assets  
Gross carrying amount$5,911 5,910 
Less: Accumulated amortization3,034 3,119 
     Net carrying amount$2,877 2,791 
Other intangible assets include customer relationships, net, of $1,495 and $1,449 as of September 30, 2021 and December 31, 2021, respectively.
Three Months Ended
Dec 31, 2020Dec 31, 2021
Depreciation and amortization expense include the following:
Depreciation expense$124 128 
Amortization of intangibles (includes $14 and $14 reported in Cost of Sales for the three months ended December 31, 2020 and 2021, respectively)
92 77 
Amortization of capitalized software28 26 
Total $244 231 
Amortization of intangibles included backlog amortization of $11 related to the OSI acquisition for the three months ended December 31, 2020.
Sept 30, 2021Dec 31, 2021
Other assets include the following:
Pension assets$1,015 1,042 
Operating lease right-of-use assets558 536 
Deferred income taxes115 101 
Asbestos-related insurance receivables95 91 
Accrued expenses include the following:
Customer advances (contract liabilities)$730 851 
Employee compensation690 428 
Operating lease liabilities (current)155 152 
Product warranty146 136 
Other liabilities include the following:  
Deferred income taxes$711 736 
Pension and postretirement liabilities676 674 
Operating lease liabilities (noncurrent)413 395 
Asbestos litigation256 251