Segment Information

6 Months Ended

Mar. 31, 2013

Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]

Segment Information

Segment Information

Effective October 1, 2012, the Company reorganized the reportable segments within its Automotive Experience business to align with its new management reporting structure and business activities. Prior to this reorganization, Automotive Experience was comprised of three reportable segments for financial reporting purposes: North America, Europe and Asia. As a result of this change, Automotive Experience is now comprised of three new reportable segments for financial reporting purposes: Seating, Interiors and Electronics. Historical information has been revised to reflect the new Automotive Experience reportable segment structure.

ASC 280, “Segment Reporting,” establishes the standards for reporting information about segments in financial statements. In applying the criteria set forth in ASC 280, the Company has determined that it has nine reportable segments for financial reporting purposes. The Company’s nine reportable segments are presented in the context of its three primary businesses – Building Efficiency, Automotive Experience and Power Solutions.

Building Efficiency

Building Efficiency designs, produces, markets and installs heating, ventilating and air conditioning (HVAC) and control systems that monitor, automate and integrate critical building segment equipment and conditions including HVAC, fire-safety and security in commercial buildings and in various industrial applications.

• North America Systems designs, produces, markets and installs mechanical equipment that provides heating and cooling in North American non-residential buildings and industrial applications as well as control systems that integrate the operation of this equipment with other critical building systems.

• North America Service provides technical services including inspection, scheduled maintenance, repair and replacement of mechanical and control systems in North America, as well as the retrofit and service components of performance contracts and other solutions.

• Global Workplace Solutions provides on-site staff for complete real estate services, facility operation and management to improve the comfort, productivity, energy efficiency and cost effectiveness of building systems around the globe.

• Asia provides HVAC and refrigeration systems and technical services to the Asian marketplace.

• Other provides HVAC and refrigeration systems and technical services to markets in Europe, the Middle East and Latin America. Other also designs and produces heating and air conditioning solutions for residential and light commercial applications, and markets products to the replacement and new construction markets.

Automotive Experience

Automotive Experience designs and manufactures interior systems and products for passenger cars and light trucks, including vans, pick-up trucks and sport utility/crossover vehicles.

• Seating produces automotive seat metal structures and mechanisms, foam, trim, fabric and complete seat systems.

• Interiors produces instrument panels, floor consoles, door panels, headliners and overhead systems.

• Electronics produces information displays and body controllers, including electronic convenience features, and clusters.

Power Solutions

Power Solutions services both automotive original equipment manufacturers and the battery aftermarket by providing advanced battery technology, coupled with systems engineering, marketing and service expertise.

Management evaluates the performance of the segments based primarily on segment income, which represents income from continuing operations before income taxes and noncontrolling interests excluding net financing charges, significant restructuring costs and net mark-to-market adjustments on pension and postretirement plans. General corporate and other overhead expenses are allocated to business segments in determining segment income. Financial information relating to the Company’s reportable segments is as follows (in millions):

	Net Sales
	Three Months Ended March 31,				Six Months Ended March 31,
	2013		2012		2013		2012
Building Efficiency
North America Systems	$	591	$	580	$	1,124	$	1,132
North America Service	478		504		933		1,018
Global Workplace Solutions	1,078		1,076		2,212		2,162
Asia	427		458		932		931
Other	882		938		1,787		1,855
	3,456		3,556		6,988		7,098
Automotive Experience
Seating	4,077		4,177		7,966		8,072
Interiors	1,009		1,042		2,021		2,068
Electronics	328		377		641		717
	5,414		5,596		10,628		10,857
Power Solutions	1,560		1,413		3,236		3,027
Total net sales	$	10,430	$	10,565	$	20,852	$	20,982

	Segment Income
	Three Months Ended March 31,						Six Months Ended March 31,
Building Efficiency	2013			2012			2013			2012
North America Systems	$	55		$	62		$	103		$	115
North America Service	28			15			48			33
Global Workplace Solutions	17			6			52			16
Asia	40			51			106			113
Other	(1		)	28			2			30
	139			162			311			307
Automotive Experience
Seating	180			196			265			385
Interiors	(19		)	1			(29		)	(16		)
Electronics	24			37			50			66
	185			234			286			435
Power Solutions	221			186			489			461
Total segment income	$	545		$	582		$	1,086		$	1,203
Restructuring costs	(84		)	—			(84		)	—
Net financing charges	(66		)	(63		)	(127		)	(112		)
Income before income taxes	$	395		$	519		$	875		$	1,091