XML 19 R11.htm IDEA: XBRL DOCUMENT v3.25.4
MASTER TRUST
12 Months Ended
Sep. 30, 2025
EBP 016  
EBP, Master Trust [Line Items]  
MASTER TRUST MASTER TRUST
All of the Plan’s investments are held in a Master Trust, consisting of the Plan and other defined contribution plans of Emerson Electric Co. and subsidiaries. All Plan income or loss is derived from Master Trust investment appreciation or depreciation and investment income (interest and dividends). Net appreciation/depreciation includes the gains and losses on investments bought and sold as well as held during the year.
Each participating plan’s interest in the assets of the Master Trust is based on participant account balances. Master Trust investment income and expenses are allocated to participating plans based on respective balances.
The Plan’s investments in the Master Trust are stated at fair value. The fair values of mutual funds and the Emerson Common Stock Fund are based on quoted market prices in active markets. Money market funds are stated at cost, which approximates fair value. Investments measured using the net asset value (NAV) as a practical expedient are primarily collective funds and trusts where the underlying securities have observable prices available from active markets. There are no redemption restrictions or unfunded commitments related to these investments.
The following table presents the fair values of all investments in the Master Trust and the Plan's interest in the Master Trust balances.
Year Ended September 30, 2025
Master Trust BalancesPlan's Interest in Master Trust Balances

Mutual funds $1,444,951,104 1,438,369,319 
Collective funds and trusts5,027,454,439 5,006,268,666 
Emerson Common Stock Fund607,091,505 600,343,575 
Money market funds278,832,960 278,013,456 
Total investments at fair value$7,358,330,008 7,322,995,016 

Year Ended September 30, 2024
Master Trust BalancesPlan's Interest in Master Trust Balances

Mutual funds$1,362,605,921 909,073,539 
Collective funds and trusts3,905,004,698 2,139,434,851 
Emerson Common Stock Fund561,077,986 361,235,627 
Money market funds274,470,283 137,636,794 
Total investments at fair value$6,103,158,888 3,547,380,811 

Investment income for the entire Master Trust follows.
Year Ended September 30
20242025


Net appreciation in fair value of investments$1,183,458,899 846,899,194 
Dividends and interest, net of fees61,597,926 89,088,221 
Total Master Trust investment income$1,245,056,825 935,987,415 
Plan’s share of Master Trust investment income$738,390,049 912,947,160