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OTHER FINANCIAL INFORMATION
9 Months Ended
Jun. 30, 2024
Other Financial Information [Abstract]  
OTHER FINANCIAL INFORMATION OTHER FINANCIAL INFORMATION

Sept 30, 2023June 30, 2024
Inventories
Finished products$446 551 
Raw materials and work in process1,560 1,752 
Total$2,006 2,303 
Property, plant and equipment, net  
Property, plant and equipment, at cost$5,524 5,994 
Less: Accumulated depreciation3,161 3,306 
     Total$2,363 2,688 
Sept 30, 2023June 30, 2024
Goodwill by business segment
Final Control$2,660 2,668 
Measurement & Analytical1,545 1,548 
Discrete Automation892 899 
Safety & Productivity388 391 
Intelligent Devices5,485 5,506 
Control Systems & Software668 670 
Test & Measurement— 3,433 
AspenTech8,327 8,327 
Software and Control 8,995 12,430 
     Total$14,480 17,936 
Other intangible assets  
Gross carrying amount$10,111 15,443 
Less: Accumulated amortization3,848 4,816 
     Net carrying amount$6,263 10,627 
Other intangible assets include customer relationships, net, of $3,353 and $6,325 and intellectual property, net, of $2,707 and $4,067 as of September 30, 2023 and June 30, 2024, respectively.
The increase in goodwill and intangibles was primarily due to the NI acquisition. See Note 4.
Three Months Ended June 30,Nine Months Ended June 30,
2023 2024 2023 2024 
Depreciation and amortization expense include the following:
Depreciation expense$67 80 213 238 
Amortization of intangibles (includes $49, $49, $147 and $147 reported in Cost of Sales, respectively)
169 313 504 958 
Amortization of capitalized software21 24 63 67 
Total $257 417 780 1,263 
Amortization of intangibles included $139 and $419 related to the NI acquisition for the three and nine months ended June 30, 2024.
Sept 30, 2023June 30, 2024
Other assets include the following:
Pension assets$995 1,070 
Operating lease right-of-use assets550 685 
Unbilled receivables (contract assets)559 515 
Deferred income taxes100 59 
Asbestos-related insurance receivables53 38 
Sept 30, 2023June 30, 2024
Accrued expenses include the following:
Customer advances (contract liabilities)$861 1,088 
Employee compensation618 630 
Income taxes207 231 
Operating lease liabilities (current)144 153 
Product warranty84 74 
Other liabilities include the following:  
Deferred income taxes$1,959 2,507 
Operating lease liabilities (noncurrent)404 511 
Pension and postretirement liabilities435 443 
Asbestos litigation173 161 
The increase in deferred income tax liabilities reflects the impact of the NI acquisition. See Note 4.