Segment Reporting

9 Months Ended

Jun. 30, 2011

Segment Reporting

Segment Reporting

8. Summarized information about the Company's results of continuing operations by business segment follows (in millions):

	Three months ended June 30,												Nine months ended June 30,
	Sales						Earnings						Sales						Earnings
	2010			2011			2010			2011			2010			2011			2010			2011
Process Management	$	1,511			1,789			311			366			4,321			4,984			768			952
Industrial Automation		1,124			1,391			162			230			3,120			3,909			401			625
Network Power		1,418			1,683			181			176			4,150			4,968			545			508
Climate Technologies		1,106			1,171			222			229			2,798			2,995			498			539
Tools and Storage		452			472			94			96			1,308			1,373			264			280
		5,611			6,506			970			1,097			15,697			18,229			2,476			2,904
Differences in accounting methods								50			60									142			169
Corporate and other								(93	)		(109	)								(381	)		(361	)
Eliminations/Interest		(194	)		(218	)		(64	)		(56	)		(499	)		(552	)		(196	)		(174	)
Total	$	5,417			6,288			863			992			15,198			17,677			2,041			2,538

Industrial Automation intersegment sales for the three months ended June 30, 2011 and 2010 were $198 million and $174 million, respectively, and were $500 million and $438 million, respectively, for the nine months ended June 30, 2011 and 2010.  The increase in Corporate and other for the 2011 third quarter reflects higher incentive stock compensation expense of $13 million, primarily due to changes in the Company's stock price.  The decrease in Corporate and other expense for the 2011 year-to-date period primarily reflects the $15 million gain related to the acquisition of full ownership of a joint venture in India and lower acquisition-related costs versus the prior year.