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Other Financial Information
 9 Months Ended
Jun. 30, 2023
Disclosure Text Block [Abstract]  
Other Financial Information OTHER FINANCIAL INFORMATION

Sept 30, 2022June 30, 2023
Inventories
Finished products$417 486 
Raw materials and work in process1,325 1,599 
Total$1,742 2,085 
Property, plant and equipment, net  
Property, plant and equipment, at cost$5,390 5,486 
Less: Accumulated depreciation3,151 3,218 
     Total$2,239 2,268 
Goodwill by business segment
Final Control$2,605 2,689 
Measurement & Analytical1,112 1,191 
Discrete Automation807 851 
Safety & Productivity364 398 
Intelligent Devices4,888 5,129 
Control Systems & Software732 672 
AspenTech8,326 8,330 
Software and Control 9,058 9,002 
     Total$13,946 14,131 
Other intangible assets  
Gross carrying amount$9,671 9,839 
Less: Accumulated amortization3,099 3,692 
     Net carrying amount$6,572 6,147 
Other intangible assets include customer relationships, net, of $3,436 and $3,261 and intellectual property, net, of $2,934 and $2,685 as of September 30, 2022 and June 30, 2023, respectively.
Three Months Ended June 30,Nine Months Ended June 30,
2022 2023 2022 2023 
Depreciation and amortization expense include the following:
Depreciation expense$77 67 240 213 
Amortization of intangibles (includes $31, $49, $59 and $147 reported in Cost of Sales, respectively)
124 169 266 504 
Amortization of capitalized software21 21 65 63 
Total $222 257 571 780 
Amortization of intangibles included $99 and $297, related to the Heritage AspenTech acquisition for the three and nine months ended June 30, 2023, respectively, compared to $49 for the three and nine months ended June 30, 2022. For the three and nine months ended June 30, 2022, $5 of amortization of intangibles included in the table above is reported as a restructuring related cost.
Sept 30, 2022June 30, 2023
Other assets include the following:
Pension assets$865 998 
Unbilled receivables (contract assets)428 536 
Operating lease right-of-use assets439 508 
Deferred income taxes85 100 
Asbestos-related insurance receivables68 66 
Accrued expenses include the following:
Customer advances (contract liabilities)$751 946 
Employee compensation523 531 
Income taxes125 1,721 
Operating lease liabilities (current)128 146 
Product warranty84 90 
The increase in Income taxes was due to remaining income taxes payable of approximately $1.5 billion related to the Copeland transaction and the gain on the InSinkErator divestiture, which are largely expected to be paid by the end of fiscal 2023. See Note 5.

Other liabilities include the following:  
Deferred income taxes$1,714 2,006 
Pension and postretirement liabilities427 452 
Operating lease liabilities (noncurrent)312 360 
Asbestos litigation205 178 
Deferred income taxes included approximately $540 related to the Copeland transaction as of June 30, 2023.