XML 28 R17.htm IDEA: XBRL DOCUMENT v3.24.0.1
Restructuring Costs
3 Months Ended
Dec. 31, 2023
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. The Company expects fiscal 2024 restructuring expense and related costs to be approximately $250, including costs to complete actions initiated in the first three months of the year.

Restructuring expense by business segment follows:

 Three Months Ended December 31,
 2022 2023 
Final Control$(1)3 
Measurement & Analytical3 
Discrete Automation10 
Safety & Productivity—  
Intelligent Devices16 
Control Systems & Software1 
Test & Measurement— 40 
AspenTech—  
Software and Control 41 
Corporate26 
Total$10 83 
Corporate restructuring of $26 for the three months ended December 31, 2023 is comprised entirely of integration-related stock compensation expense attributable to NI.
Details of the change in the liability for restructuring costs during the three months ended December 31, 2023 follow:
 Sept 30, 2023ExpenseUtilized/PaidDec 31, 2023
Severance and benefits$85 79 56 108 
Other4 3 3 
Total$87 83 59 111 
The tables above do not include $5 and $4 of costs related to restructuring actions incurred for the three months ended December 31, 2022 and 2023, respectively, that are required to be reported in cost of sales.