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STOCK-BASED COMPENSATION (Tables)
12 Months Ended
Sep. 30, 2025
Share-Based Payment Arrangement [Abstract]  
Schedule of Share-Based Payment Arrangement, Cost by Plan
Total compensation expense and income tax benefits for Emerson and AspenTech stock options and incentive shares follows.
2023 2024 2025
Performance shares$165 90 94 
Restricted stock and restricted stock units24 115 147 
AspenTech stock-based compensation plans82 55 24 
     Total stock compensation expense271 260 265 
Less: discontinued operations21 — 2 
     Stock compensation expense from continuing operations$250 260 263 
Income tax benefits recognized$28 32 35 
Schedule of Performance Share Payout Information
Information related to performance share payouts for the years ended September 30, 2024 and 2025 follows (shares in thousands):
2024 2025
Performance period2021 - 20232022 - 2024
Percent payout118 %118 %
Total shares earned1,7331,084
Shares distributed in cash, primarily for tax withholding755450
Schedule of Changes in Incentive Awards Outstanding
Changes in shares outstanding but not yet earned under incentive shares plans during the year ended September 30, 2025 follow (shares in thousands; assumes 100 percent payout of unvested awards):
 SharesAverage Grant Date
Fair Value Per Share
Beginning of year4,634 $91.46 
     Granted1,690 $109.21 
     Assumed1,097 $114.57 
     Earned/vested(2,291)$96.41 
     Canceled(253)$105.99 
End of year4,877 $98.52 
Schedule of Supplemental Information for Incentive Awards
Information related to Emerson incentive shares plans follows:
2023 2024 2025 
Total fair value of shares earned/vested$158 284 256 
Share awards distributed in cash, primarily for tax withholding$73 81 59 
Schedule of Changes in Shares Subject to Option
Changes in shares subject to options during the year ended September 30, 2025 follow (shares in thousands):
Weighted- Average Exercise Price Per ShareSharesTotal
Intrinsic Value of Shares
Average Remaining Life (Years)
Beginning of year$51.71 288 
     Options exercised$50.45 (189)
     Options canceled$46.92 (1)
End of year$54.16 98 $7 1.0
Exercisable at end of year$54.16 98 $7 1.0
Schedule of Cash Proceeds Received and Tax Benefit from Share-based Payment Awards, Options
Information related to Emerson stock options follows:
2023 2024 2025 
Cash received for option exercises$49 14 9 
Intrinsic value of options exercised$27 15 14 
Tax benefits related to option exercises$3