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Business Segments Information
 12 Months Ended
Sep. 30, 2022
Segment Reporting [Abstract]  
Business Segments Information BUSINESS SEGMENTS INFORMATION
The Company designs and manufactures products and delivers services that bring technology and engineering together to provide innovative solutions for customers in a wide range of industrial, commercial and consumer markets around the world.

As a result of the Heritage AspenTech acquisition, the Company identified one additional segment in fiscal 2022. The new segment reflects the combined results of Heritage AspenTech and the Emerson Industrial Software Business (see Note 4 for further details). The results for this new segment include the historical results of the Emerson Industrial Software Business (which were previously reported in the Automation Solutions segment), while results related to the Heritage AspenTech business only include periods subsequent to the close of the transaction on May 16, 2022. Prior year amounts for the Automation Solutions segment have been reclassified to conform to the current year presentation.

The Company now reports four segments: Automation Solutions, AspenTech; and Climate Technologies and Tools & Home Products, which together comprise the Commercial & Residential Solutions business.

The Automation Solutions segment enables process, hybrid and discrete manufacturers to maximize production, protect personnel and the environment, reduce project costs, and optimize their energy efficiency and operating costs through a broad offering of integrated solutions, software, services and products, including measurement and analytical instrumentation, industrial valves and equipment, and process control software and systems. Markets served include oil and gas, refining, chemicals, power generation, life sciences, food and beverage, automotive, pulp and paper, metals and mining, and municipal water supplies. The segment's major product offerings are described below.
•Measurement & Analytical Instrumentation products measure the physical properties of liquids or gases in a process stream and communicate this information to a process control system or other software applications, and analyze the chemical composition of process fluids and emissions to enhance quality and efficiency, as well as environmental compliance.
•Valves, Actuators & Regulators consists of control, isolation and pressure relief valves which respond to commands from a control system to continuously and precisely modulate the flow of process fluids and gases, smart actuation and control technologies, pressure management products, and industrial and residential regulators that reduce the pressure of fluids and gases moving from high-pressure supply lines into lower pressure systems.
•Industrial Solutions provides fluid control and pneumatic mechanisms, electrical distribution equipment, and materials joining and precision cleaning products which are used in a variety of manufacturing operations to provide integrated solutions to customers.
•Systems & Software provides a digital ecosystem that controls plant processes by communicating with and adjusting the "intelligent" plant devices described above to provide precision measurement, control, monitoring, asset optimization, and plant safety and reliability for plants that produce power, or process fluids or other items.
The AspenTech segment provides asset optimization software that enables industrial manufacturers to design, operate, and maintain their operations for maximum performance through a combination of decades of modeling, simulation, and optimization capabilities with industrial operations expertise and apply advanced analytics to improve the profitability and sustainability of production assets.
The Commercial & Residential Solutions business consists of the Climate Technologies and Tools & Home Products segments. This business provides products and solutions that promote energy efficiency and sustainability, enhance household and commercial comfort, and protect food quality and sustainability through heating, air conditioning and refrigeration technology, as well as a broad range of mechanical, electrical, utility and do-it-yourself tools that promote safety and productivity.
The Climate Technologies segment provides products, services and solutions for all areas of the climate control industry, including residential heating and cooling, commercial air conditioning, commercial and industrial refrigeration, and cold chain management. Products include compressors, temperature sensors and controls, thermostats, flow controls, and stationary and mobile remote monitoring technologies and services that enable homeowners and businesses to better manage their heating, air conditioning and refrigeration systems for improved control and comfort, and lower energy costs.
The Tools & Home Products segment offers tools for professionals and homeowners that promote safety and productivity. Products include professional pipe-working tools, electrical and utility tools, and wet-dry vacuums.
The principal distribution method for each segment is direct sales forces, although the Company also uses independent sales representatives and distributors. Due to its global presence, certain of the Company's international operations are subject to risks including the stability of governments and business conditions in foreign countries which could result in adverse changes in exchange rates, changes in regulations or disruption of operations.

The primary income measure used for assessing segment performance and making operating decisions is earnings before interest and income taxes. Certain expenses are reported at Corporate, including stock compensation expense and a portion of pension and postretirement benefit costs. Corporate and other includes unallocated corporate expenses, acquisition/divestiture costs, first year acquisition accounting charges (which include fair value adjustments related to inventory, backlog and deferred revenue) and other items. Corporate assets are primarily comprised of cash and cash equivalents, investments and certain fixed assets. Summarized below is information about the Company's operations by business segment and by geography.
Business Segments
SalesEarnings (Loss)Total Assets
2020 2021 2022 2020 2021 2022 2020 2021 2022 
Automation Solutions$11,026 11,292 11,758 $1,539 1,955 2,356 $13,704 13,734 13,184 
AspenTech131 319 656 (16)(7)12 546 2,089 14,484 
Climate Technologies3,980 4,748 5,200 801 965 1,038 3,065 3,269 3,209 
Tools & Home Products1,663 1,905 2,033 317 399 402 1,491 1,598 1,486 
Commercial & Residential Solutions5,643 6,653 7,233 1,118 1,364 1,440 4,556 4,867 4,695 
Corporate items:
Stock compensation(110)(224)(144)
Unallocated pension and postretirement costs53 94 99 
Corporate and other(93)(116)(424)4,076 4,025 3,309 
Gain on subordinated interest— — 453 
Gain on sale of business— — 486 
Eliminations/Interest(15)(28)(18)(156)(154)(193)
     Total$16,785 18,236 19,629 $2,335 2,912 4,085 $22,882 24,715 35,672 

In fiscal 2022, Corporate and other includes a loss of $181 related to the Company's exit of business operations in Russia and acquisition/divestiture costs of $110.

Automation Solutions sales by major product offering are summarized below.
 2020 2021 2022 
Measurement & Analytical Instrumentation$3,108 3,071 3,206 
Valves, Actuators & Regulators3,589 3,483 3,604 
Industrial Solutions2,012 2,266 2,403 
Systems & Software2,317 2,472 2,545 
     Total$11,026 11,292 11,758 

Depreciation
and Amortization		Capital
Expenditures
2020 2021 2022 2020 2021 2022 
Automation Solutions$530 537 514 $306 319 248 
AspenTech27 95 242 2 6 4 
Climate Technologies184 191 177 158 143 206 
Tools & Home Products77 76 71 58 94 52 
Commercial & Residential Solutions261 267 248 216 237 258 
Corporate and other36 70 35 14 19 21 
     Total$854 969 1,039 $538 581 531 
Depreciation and amortization includes intellectual property, customer relationships and capitalized software.
Geographic Information

Sales by major geographic destination are summarized below:

Automation SolutionsAspenTech
2020 2021 2022 2020 2021 2022 
Americas$5,004 4,901 5,548 $40 200 362 
Asia, Middle East & Africa3,761 3,986 4,049 42 60 140 
Europe2,261 2,405 2,161 49 59 154 
Total$11,026 11,292 11,758 $131 319 656 

Commercial & Residential SolutionsTotal
2020 2021 2022 2020 2021 2022 
Americas$3,896 4,513 5,106 $8,940 9,614 11,016 
Asia, Middle East & Africa1,053 1,277 1,267 4,856 5,323 5,456 
Europe694 863 860 3,004 3,327 3,175 
Total$5,643 6,653 7,233 $16,800 18,264 19,647 

Sales in the U.S. were $9,084, $7,952 and $7,420 for 2022, 2021 and 2020, respectively, while Asia, Middle East & Africa includes sales in China of $2,331, $2,252 and $1,845 in those years.

Property, Plant and Equipment
2020 2021 2022 
Americas$2,345 2,375 2,255 
Asia, Middle East & Africa679 678 576 
Europe664 685 530 
Total$3,688 3,738 3,361 

Property, plant and equipment located in the U.S. was $2,006 in 2022, $2,141 in 2021 and $2,124 in 2020.