Emerson Electric (EMR) 10-Q 3 May 23 2023 Q2 Quarterly report Financial data

Cover

Cover	6 Months Ended
	Mar. 31, 2023 shares
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Mar. 31, 2023
Document Transition Report	false
Entity File Number	1-278
Entity Registrant Name	EMERSON ELECTRIC CO.
Entity Central Index Key	0000032604
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	Q2
Entity Incorporation, State or Country Code	MO
Entity Tax Identification Number	43-0259330
Entity Address, Address Line One	8000 W. Florissant Ave.
Entity Address, Address Line Two	P.O. Box 4100
Entity Address, City or Town	St. Louis,
Entity Address, State or Province	MO
Entity Address, Postal Zip Code	63136
City Area Code	314
Local Phone Number	553-2000
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
Entity Shell Company	false
Entity Common Stock, Shares Outstanding	571,500,000
Amendment Flag	false
NEW YORK STOCK EXCHANGE, INC. [Member] | Common Stock of $0.50 par value per share [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common Stock of $0.50 par value per share
Trading Symbol	EMR
Security Exchange Name	NYSE
NEW YORK STOCK EXCHANGE, INC. [Member] | 0.375% Notes due 2024 [Member]
Entity Information [Line Items]
Title of 12(b) Security	0.375% Notes due 2024
Trading Symbol	EMR 24
Security Exchange Name	NYSE
NEW YORK STOCK EXCHANGE, INC. [Member] | 1.250% Notes due 2025 [Member]
Entity Information [Line Items]
Title of 12(b) Security	1.250% Notes due 2025
Trading Symbol	EMR 25A
Security Exchange Name	NYSE
NEW YORK STOCK EXCHANGE, INC. [Member] | 2.000% Notes due 2029 [Member]
Entity Information [Line Items]
Title of 12(b) Security	2.000% Notes due 2029
Trading Symbol	EMR 29
Security Exchange Name	NYSE
CHICAGO STOCK EXCHANGE, INC [Member] | Common Stock of $0.50 par value per share [Member]
Entity Information [Line Items]
Title of 12(b) Security	Common Stock of $0.50 par value per share
Trading Symbol	EMR
Security Exchange Name	CHX

Consolidated Statements Of Earn

Consolidated Statements Of Earnings - USD ($) shares in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Net sales	$ 3,756	$ 3,291	$ 7,129	$ 6,447
Cost of sales	1,955	1,815	3,708	3,556
Selling, general and administrative expenses	1,000	888	2,030	1,737
Gain on subordinated interest	0	0	0	(453)
Other deductions, net	109	28	229	66
Interest expense (net of interest income of $18, $4, $38, and $7, respectively)	53	51	101	90
Earnings from continuing operations before income taxes	639	509	1,061	1,451
Income taxes	134	80	232	276
Earnings from continuing operations	505	429	829	1,175
Discontinued operations, net of tax: $39, $56, $1,005 and $140, respectively	265	246	2,267	395
Net earnings	770	675	3,096	1,570
Less: Noncontrolling interests in subsidiaries	(22)	1	(27)	0
Net earnings common stockholders	792	674	3,123	1,570
Earnings from continuing operations common stockholders	530	428	859	1,174
Earnings from discontinued operations common stockholders	$ 262	$ 246	$ 2,264	$ 396
Earnings from continuing operations, per basic share	$ 0.93	$ 0.72	$ 1.49	$ 1.97
Earnings from discontinued operations, per basic share	0.46	0.41	3.92	0.67
Earnings Per Share, Basic	1.39	1.13	5.41	2.64
Earnings from continuing operations, per diluted share	0.92	0.72	1.48	1.96
Earnings from discontinued operations, per diluted share	0.46	0.41	3.90	0.67
Earnings Per Share, Diluted	$ 1.38	$ 1.13	$ 5.38	$ 2.63
Weighted Average Number of Shares Outstanding, Basic	570.9	593.3	577.2	593.9
Weighted Average Number of Shares Outstanding, Diluted	573.6	596.5	580.1	597.3

Consolidated Statements Of Ea_2

Consolidated Statements Of Earnings (Parenthetical) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Income Statement [Abstract]
Interest income	$ 18	$ 4	$ 38	$ 7
Discontinued operation taxes	39	56	1,005	140
Earnings from continuing operations common stockholders	530	428	859	1,174
Earnings from discontinued operations common stockholders	262	246	2,264	396
Net earnings common stockholders	$ 792	$ 674	$ 3,123	$ 1,570
Earnings Per Share, Basic	$ 1.39	$ 1.13	$ 5.41	$ 2.64
Earnings from continuing operations, per basic share	0.93	0.72	1.49	1.97
Earnings from discontinued operations, per basic share	0.46	0.41	3.92	0.67
Earnings Per Share, Diluted	1.38	1.13	5.38	2.63
Earnings from continuing operations, per diluted share	0.92	0.72	1.48	1.96
Earnings from discontinued operations, per diluted share	$ 0.46	$ 0.41	$ 3.90	$ 0.67
Earnings from continuing operations	$ 505	$ 429	$ 829	$ 1,175
Discontinued operations, net of tax: $39, $56, $1,005 and $140, respectively	$ 265	$ 246	$ 2,267	$ 395

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Net earnings	$ 770	$ 675	$ 3,096	$ 1,570
Other comprehensive income (loss), net of tax:
Foreign currency translation	110	(60)	351	(132)
Pension and postretirement	(17)	18	(33)	36
Cash flow hedges	13	6	23	10
Total other comprehensive income (loss)	106	(36)	341	(86)
Comprehensive income	876	639	3,437	1,484
Less: Noncontrolling interests in subsidiaries	(23)	0	(23)	(1)
Comprehensive income common stockholders	$ 899	$ 639	$ 3,460	$ 1,485

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Current assets
Cash and equivalents	$ 2,046	$ 1,804
Receivables, less allowances of $102 and $100, respectively	2,330	2,261
Inventories	2,034	1,742
Other current assets	1,228	1,301
Current assets held-for-sale	1,347	1,398
Total current assets	8,985	8,506
Property, plant and equipment, net	2,263	2,239
Other assets
Goodwill	14,097	13,946
Other intangible assets	6,299	6,572
Other	2,265	2,151
Noncurrent assets held-for-sale	2,238	2,258
Total other assets	24,899	24,927
Total assets	36,147	35,672
Current liabilities
Short-term borrowings and current maturities of long-term debt	1,959	2,115
Accounts payable	1,207	1,276
Accrued expenses	3,245	3,038
Current liabilities held-for-sale	1,138	1,348
Total current liabilities	7,549	7,777
Long-term debt	8,174	8,259
Other Liabilities, Noncurrent	2,928	3,153
Noncurrent liabilities held-for-sale	149	167
Equity
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 571.4 shares and 591.4 shares, respectively	477	477
Additional paid-in-capital	138	57
Retained earnings	30,571	28,053
Accumulated other comprehensive income (loss)	(1,148)	(1,485)
Cost of common stock in treasury, 381.9 shares and 362.0 shares, respectively	(18,678)	(16,738)
Common stockholders’ equity	11,360	10,364
Noncontrolling interests in subsidiaries	5,987	5,952
Total equity	17,347	16,316
Total liabilities and equity	$ 36,147	$ 35,672

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 102	$ 100
Common stock, par value per share	$ 0.50	$ 0.50
Common stock, shares authorized	1,200	1,200
Common stock, shares issued	953.4	953.4
Common stock, shares outstanding	571.5	591.4
Treasury stock, shares	381.9	362

Consolidated Statement of Equit

Consolidated Statement of Equity Statement - USD ($) $ in Millions	Total	Common stock	Additional paid-in-capital	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Noncontrolling interests in subsidiaries
Beginning balance at Sep. 30, 2021			$ 522	$ 26,047	$ (872)	$ (16,291)	$ 40
Statement [Roll Forward]
Stock plans			57
Net earnings common stockholders	$ 1,570			1,570
Dividends paid (per share: $0.52, $0.515, $1.04 and $1.03 respectively)				(614)
Foreign currency translation	(132)				(131)
Pension and postretirement	(36)				36
Cash flow hedges	10				10
Purchases						(285)
Issued under stock plans						49
Net earnings							0
Stock compensation							0
Other comprehensive income	(86)						(1)
Ending balance at Mar. 31, 2022	$ 10,614	$ 477	579	27,003	(957)	(16,527)	39
Statement [Roll Forward]
Dividends paid	$ 1.03
Beginning balance at Dec. 31, 2021			564	26,636	(922)	(16,506)	39
Statement [Roll Forward]
Stock plans			15
Net earnings common stockholders	$ 674			674
Dividends paid (per share: $0.52, $0.515, $1.04 and $1.03 respectively)				(307)
Foreign currency translation	(60)				(59)
Pension and postretirement	(18)				18
Cash flow hedges	6				6
Purchases						(27)
Issued under stock plans						6
Net earnings							1
Stock compensation							0
Other comprehensive income	(36)						(1)
Ending balance at Mar. 31, 2022	$ 10,614	477	579	27,003	(957)	(16,527)	39
Statement [Roll Forward]
Dividends paid	$ 0.515
Common stockholders' equity	$ 10,575
Common stockholders' equity	10,364
Beginning balance at Sep. 30, 2022	16,316		57	28,053	(1,485)	(16,738)	5,952
Statement [Roll Forward]
Stock plans			81
Net earnings common stockholders	3,123			3,123
Dividends paid (per share: $0.52, $0.515, $1.04 and $1.03 respectively)				(605)
Foreign currency translation	351				347
Pension and postretirement	33				(33)
Cash flow hedges	23				23
Purchases						(2,000)
Issued under stock plans						60
Net earnings							(27)
Stock compensation							58
Other comprehensive income	341						4
Ending balance at Mar. 31, 2023	$ 17,347	477	138	30,571	(1,148)	(18,678)	5,987
Statement [Roll Forward]
Dividends paid	$ 1.04
Beginning balance at Dec. 31, 2022			112	30,076	(1,255)	(18,683)	5,987
Statement [Roll Forward]
Stock plans			26
Net earnings common stockholders	$ 792			792
Dividends paid (per share: $0.52, $0.515, $1.04 and $1.03 respectively)				(297)
Foreign currency translation	110				111
Pension and postretirement	17				(17)
Cash flow hedges	13				13
Purchases						0
Issued under stock plans						5
Net earnings							(22)
Stock compensation							23
Other comprehensive income	106						(1)
Ending balance at Mar. 31, 2023	$ 17,347	$ 477	$ 138	$ 30,571	$ (1,148)	$ (18,678)	$ 5,987
Statement [Roll Forward]
Dividends paid	$ 0.52
Common stockholders' equity	$ 11,360

Consolidated Statement of Equ_2

Consolidated Statement of Equity (Parenthetical) - $ / shares	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Dividends paid, per share	$ 0.52	$ 0.515	$ 1.04	$ 1.03

Consolidated Statements Of Cash

Consolidated Statements Of Cash Flows € in Millions, $ in Millions	6 Months Ended
	Mar. 31, 2023 USD ($)	Mar. 31, 2022 USD ($)
Operating activities
Net earnings	$ 3,096	$ 1,570
Earnings from discontinued operations, net of tax	(2,267)	(395)
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	523	349
Stock compensation	142	77
Total changes in operating working capital	(390)	(298)
Gain on subordinated interest	0	(453)
Other, net	(227)	(94)
Cash from continuing operations	877	756
Cash from discontinued operations	(391)	209
Cash provided by operating activities	486	965
Investing activities
Capital expenditures	(121)	(140)
Purchases of businesses, net of cash and equivalents acquired	0	(35)
Proceeds from subordinated interest	15	438
Other, net	(76)	(16)
Investing cash from continuing operations	(182)	247
Investing cash from discontinued operations	2,916	(88)
Cash provided by investing activities	2,734	159
Financing activities
Net increase (decrease) in short-term borrowings	(31)	871
Proceeds from long-term debt	0	2,975
Payments of long-term debt	(742)	(504)
Dividends paid	(603)	(613)
Purchases of common stock	(2,000)	(285)
Other, net	(55)	15
Cash provided by (used in) financing activities	(3,036)	3,499
Effect of exchange rate changes on cash and equivalents	58	(48)
Increase (Decrease) in cash and equivalents	242	4,575
Beginning cash and equivalents	1,804	2,354
Ending cash and equivalents	2,046	6,929
Changes in operating working capital
Receivables	(63)	45
Inventories	(219)	(262)
Other current assets	22	(10)
Accounts payable	(98)	(4)
Accrued expenses	(32)	(67)
Total changes in operating working capital	$ (390)	$ (298)

Basis of Presentation

Basis of Presentation	6 Months Ended
	Mar. 31, 2023
Accounting Policies [Abstract]
Basis of Presentation	BASIS OF PRESENTATION In the opinion of management, the accompanying unaudited consolidated financial statements include all adjustments necessary for a fair presentation of operating results for the interim periods presented. Adjustments consist of normal and recurring accruals. The consolidated financial statements are presented in accordance with the requirements of Form 10-Q and consequently do not include all disclosures required for annual financial statements presented in conformity with U.S. generally accepted accounting principles (GAAP). For further information, refer to the consolidated financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended September 30, 2022. Over the past two years, Emerson Electric Co. ("Emerson" or the "Company") has taken significant actions to accelerate the transformation of its portfolio through the completion of strategic acquisitions and divestitures of non-core businesses. The Company's recent portfolio actions include the combination of its industrial software businesses with Aspen Technology, Inc., with the Company owning 55 percent of the outstanding shares of the combined entity on a fully diluted basis upon closing of the transaction on May 16, 2022, the sale of its Therm-O-Disc business, which was completed on May 31, 2022, the sale of its InSinkErator business, which was completed on October 31, 2022, the sale of a majority stake in its Climate Technologies business, which was announced on October 31, 2022, and is expected to close in the Company's third quarter of fiscal 2023, subject to regulatory approvals and customary closing conditions, and the pending acquisition of National Instruments Corporation ("NI"), which was announced on April 12, 2023, and is expected to close in the first half of Emerson’s fiscal 2024, subject to the completion of customary closing conditions, including regulatory approvals and approval by NI shareholders.

Revenue Recognition

Revenue Recognition	6 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	REVENUE RECOGNITION Emerson is a global manufacturer that combines technology and engineering to provide innovative solutions to its customers, largely in the form of tangible products. The vast majority of the Company's revenues relate to a broad offering of manufactured products which are recognized at the point in time when control transfers, while a smaller portion is recognized over time or relates to sales arrangements with multiple performance obligations. See Note 13 for additional information about the Company's revenues. The following table summarizes the balances of the Company's unbilled receivables (contract assets), which are reported in Other assets (current and noncurrent), and its customer advances (contract liabilities), which are reported in Accrued expenses and Other liabilities. Sept 30, 2022 Mar 31, 2023 Unbilled receivables (contract assets) $ 1,390 1,342 Customer advances (contract liabilities) (776) (975) Net contract assets (liabilities) $ 614 367 The majority of the Company's contract balances relate to (1) arrangements where revenue is recognized over time and payments from customers are made according to a contractual billing schedule, and (2) revenue from term software lice nse arrangements sold by AspenTech where the license revenue is recognized upfront upon delivery. The decrease in net contract assets was due to customer billings exceeding revenue recognized for performance completed during the period. Revenue recognized for the three and six months ended March 31, 2023 included $106 and $441, respectively, that was included in the beginning contract liability balance. Other factors that impacted the change in net contract assets were immaterial. Revenue recognized for the three and six months ended March 31, As of March 31, 2023, the Company's backlog relating to unsatisfied (or partially unsatisfied) performance obligations in contracts with its customers was approximately $8.1 billion (of which,$1.2 billion was attributable to AspenTech) . The Company expects to recognize appro ximately 80 percent of its

Common Shares and Share-Based C

Common Shares and Share-Based Compensation	6 Months Ended
	Mar. 31, 2023
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Common Shares and Share-Based Compensation	COMMON SHARES AND SHARE-BASED COMPENSATION Reconciliations of weighted-average shares for basic and diluted earnings per common share follow. Earnings allocated to participating securities were inconsequential. Three Months Ended Six Months Ended 2022 2023 2022 2023 Basic shares outstanding 593.3 570.9 593.9 577.2 Dilutive shares 3.2 2.7 3.4 2.9 Diluted shares outstanding 596.5 573.6 597.3 580.1

Acquisitions and Divestitures

Acquisitions and Divestitures	6 Months Ended
	Mar. 31, 2023
Business Combinations [Abstract]
Acquisitions and Divestitures	ACQUISITIONS AND DIVESTITURES Aspen Technology On May 16, 2022, the Company completed the transactions contemplated by its definitive agreement with Aspen Technology, Inc. ("Heritage AspenTech") to contribute two of Emerson's stand-alone industrial software businesses, Open Systems International, Inc. and the Geological Simulation Software business ( collectively, the “Emerson Industrial Software Business”) , along with approximately $6.0 billion in cash to Heritage AspenTech stockholders, to create "New AspenTech", a diversified, high-performance industrial software leader with greater scale, capabilities and technologies (hereinafter referred to as "AspenTech"). Upon closing of the transaction, Emerson owned 55 percent of the outstanding shares of AspenTech common stock (on a fully diluted basis) and former Heritage AspenTech stockholders owned the remaining outstanding shares of AspenTech common stock. AspenTech and its subsidiaries now operate under Heritage AspenTech’s previous name “Aspen Technology, Inc.” and AspenTech common stock is traded on NASDAQ under AspenTech’s previous stock ticker symbol “AZPN.” The business combination has been accounted for using the acquisition method of accounting with Emerson considered the accounting acquirer of Heritage AspenTech. The net assets of Heritage AspenTech were recorded at their estimated fair value and for the Emerson Industrial Software Business continue at their historical basis. The Company recorded a noncontrolling interest of $5.9 billion for the 45 percent ownership interest of former Heritage AspenTech stockholders in AspenTech. The noncontrolling interest associated with the Heritage AspenTech acquired net assets was recorded at fair value determined using the closing market price per share of Heritage AspenTech as of May 16, 2022, while the portion attributable to the Emerson Industrial Software business was recorded at its historical carrying amount. The impact of recognizing the noncontrolling interest in the Emerson Industrial Software Business resulted in a decrease to additional paid-in-capital of $550. The following table summarizes the components of the purchase consideration reflected in the acquisition accounting using Heritage AspenTech's shares outstanding and closing market price per share as of May 16, 2022 (in millions except share and per share data): Heritage AspenTech shares outstanding 66,662,482 Heritage AspenTech share price $ 166.30 Purchase price $ 11,086 Value of stock-based compensation awards attributable to pre-combination service 102 Total purchase consideration $ 11,188 The total purchase consideration for Heritage AspenTech was allocated to assets and liabilities as follows. Cash and equivalents $ 274 Receivables 43 Other current assets 280 Property, plant equipment 4 Goodwill ($34 expected to be tax-deductible) 7,225 Other intangible assets 4,390 Other assets 513 Total assets 12,729 Short-term borrowings 27 Accounts payable 8 Accrued expenses 115 Long-term debt 255 Deferred taxes and other liabilities 1,136 Total purchase consideration $ 11,188 Emerson's cash contribution of approximately $6.0 billion was paid out at approximately $87.69 per share (on a fully diluted basis) to holders of issued and outstanding shares of Heritage AspenTech common stock as of the closing of the transactions, with $168 of cash remaining on AspenTech's balance sheet as of the closing which is not included in the allocation of purchase consideration above. The estimated intangible assets attributable to the transaction are comprised of the following (in millions) : Amount Estimated Weighted Average Life (Years) Developed technology $ 1,350 10 Customer relationships 2,300 15 Trade names 430 Indefinite-lived Backlog 310 3 Total $ 4,390 Results of operations for the three and six months ended March 31, 2023 attributable to the Heritage AspenTech acquisition include sales of $151 and $319, respectively, while the impact to GAAP net earnings was not material. Pro Forma Financial Information The following unaudited proforma consolidated condensed financial results of operations are presented as if the acquisition of Heritage AspenTech occurred on Oct ober 1, 2020. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the acquisition occurred as of that time ($ in millions, except per share amounts). Three Months Ended March 31, Six Months Ended March 31, 2022 2022 Net Sales $ 3,478 $ 6,806 Net earnings from continuing operations common stockholders $ 423 $ 1,158 Diluted earnings per share from continuing operations $ 0.71 $ 1.94 The pro forma results for the six months ended March 31, 2022 include $44 of transaction costs which were assumed to be incurred in the first fiscal quarter of 2021. Of these transaction costs, $7 and $30 were included in the Company's reported results for the three and six months ended March 31, 2022, respectively, but have been excluded from the fiscal 2022 pro forma results above. In addition, Heritage AspenTech incurred $68 of transaction costs prior to the completion of the acquisition that were not included in Emerson's reported results. The pro forma results for the three and six months ended March 31, 2022 include estimated interest exp ense of $19 and $56, respectively, related to the issuance of $3 billion of term debt and increased commercial paper borrowings to fund the acquisition. Other Transactions On April 12, 2023, Emerson announced an agreement to acquire National Instruments Corporation ("NI") for $60 per share in cash at an equity value of $8.2 billion. The effective price per share is $59.61 considering shares previously acquired by Emerson, see Note 11. NI, which provides software-connected automated test and measurement systems that enable enterprises to bring products to market faster and at a lower cost, had revenues of $1.66 billion in 2022. The transaction is expected to close in the first half of Emerson’s fiscal 2024, subject to the completion of customary closing conditions, including regulatory approvals and approval by NI shareholders. On July 27, 2022, AspenTech entered into an agreement to acquire Micromine, a global leader in design and operational solutions for the mining industry, for AU$900 (approximately $623 USD based on exchange rates when the transaction was announced). The closing of the acquisition is subject to regulatory approval. On March 31, 2023, Emerson completed the divestiture of Metran, its Russia-based manufacturing subsidiary. In the first quarter of fiscal 2023, the Company recognized a pretax loss of $47 in Other deductions ($47 after-tax, in total $0.08 per share) related to its exit of business operations in Russia. two three

Discontinued Operations and Dis

Discontinued Operations and Disposal Groups	6 Months Ended
	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Discontinued Operations	DISCONTINUED OPERATIONS In October 2022, the Board of Directors approved the Company's agreement to sell a majority stake in its Climate Technologies business (which constitutes the former Climate Technologies segment, excluding Therm-O-Disc which was divested earlier in fiscal 2022) to private equity funds managed by Blackstone in a $14.0 billion transaction. Emerson will receive upfront, pre-tax cash proceeds of approximately $9.5 billion and a note of $2.25 billion at close (which will accrue 5 percent interest payable in kind by capitalizing interest), while retaining a 45 percent non-controlling interest in a new standalone joint venture between Emerson and Blackstone. The Climate Technologies business, which includes the Copeland compressor business and the entire portfolio of products and services across all residential and commercial HVAC and refrigeration end-markets, had fiscal 2022 net sales of approximately $5.0 billion and pretax earnings of $1.0 billion. The transaction is expected to close in the Company's third quarter of fiscal 2023, subject to regulatory approvals and customary closing conditions. On October 31, 2022, the Company completed the divestiture of its InSinkErator business, which manufactures food waste disposers, to Whirlpool Corporation for $3.0 billion. This business had net sales of $630 and pretax earnings of $152 in fiscal 2022. The Company recognized a pretax gain of $2.8 billion (approximately $2.1 billion after-tax) in the first quarter of fiscal 2023. On May 31, 2022 the Company completed the divestiture of its Therm-O-Disc sensing and protection technologies business to an affiliate of One Rock Capital Partners, LLC. The Company recognized a pretax gain of $486 ($429 after-tax) in the third fiscal quarter of 2022. The financial results of Climate Technologies, InSinkErator ("ISE") and Therm-O-Disc ("TOD") (through the completion of the divestitures), are reported as discontinued operations for the three and six months ended March 31, 2023 and 2022 and were as follows: Climate Technologies ISE and TOD Total Three Months Ended March 31, Three Months Ended March 31, Three Months Ended March 31, 2022 2023 2022 2023 2022 2023 Net sales $ 1,255 1,245 245 — 1,500 1,245 Cost of sales 866 782 158 — 1,024 782 SG&A 127 127 34 — 161 127 Gain on sale of business — — — (3) — (3) Other deductions, net 6 35 7 — 13 35 Earnings before income taxes 256 301 46 3 302 304 Income taxes 56 39 — — 56 39 Earnings, net of tax $ 200 262 46 3 246 265 Climate Technologies ISE and TOD Total Six Months Ended March 31, Six Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 2022 2023 Net sales $ 2,334 2,309 483 49 2,817 2,358 Cost of sales 1,628 1,484 306 29 1,934 1,513 SG&A 254 269 69 8 323 277 Gain on sale of business — — — (2,783) — (2,783) Other deductions, net 12 67 13 12 25 79 Earnings before income taxes 440 489 95 2,783 535 3,272 Income taxes 95 352 45 653 140 1,005 Earnings, net of tax $ 345 137 50 2,130 395 2,267 Climate Technologies' results for the three and six months ended March 31, 2023 include lower expense of $43 and $70, respectively, due to ceasing depreciation and amortization upon the held-for-sale classification. Other deductions, net for Climate Technologies included $28 and $55 of transaction-related costs for the three and six months ended March 31, 2023, respectively. Income taxes for the six months ended March 31, 2023 included approximately $245 for Climate Technologies subsidiary restructurings and approximately $660 related to the gain on the InSinkErator divestiture. The aggregate carrying amounts of the major classes of assets and liabilities classified as held-for-sale as of March 31, 2023 and September 30, 2022 are summarized as follows: Climate Technologies ISE Total Sept. 30, March 31, Sept. 30, March 31, Sept. 30, March 31, Assets 2022 2023 2022 2023 2022 2023 Receivables $ 747 780 68 — 815 780 Inventories 449 505 81 — 530 505 Other current assets 49 62 4 — 53 62 Property, plant & equipment, net 1,122 1,171 141 — 1,263 1,171 Goodwill 716 720 2 — 718 720 Other noncurrent assets 265 347 12 — 277 347 Total assets held-for-sale $ 3,348 3,585 308 — 3,656 3,585 Liabilities Accounts payable $ 752 644 60 — 812 644 Other current liabilities 475 494 61 — 536 494 Deferred taxes and other noncurrent liabilities 154 149 13 — 167 149 Total liabilities held-for-sale $ 1,381 1,287 134 — 1,515 1,287 Net cash from operating and investing activities for Climate Technologies, InSinkErator and Therm-O-Disc for the six months ended March 31, 2023 and 2022 were as follows: Climate Technologies ISE and TOD Total Six Months Ended March 31, Six Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 2022 2023 Cash from operating activities $ 234 44 (25) (435) 209 (391) Cash from investing activities $ (69) (139) (19) 3,055 (88) 2,916 Cash from operating activities for the six months ended March 31, 2023 reflects approximately $575 of income taxes paid related to the gain on the InSinkErator divestiture and the Climate Technologies subsidiary restructurings (the remainder of which is expected to be paid by the end of fiscal 2023), transaction fees and unfavorable working capital. Cash from investing activities for the six months ended March 31, 2023 reflects the proceeds of $3.0 billion related to the InSinkErator divestiture.

Pension & Postretirement Plans

Pension & Postretirement Plans	6 Months Ended
	Mar. 31, 2023
Retirement Benefits [Abstract]
Pension & Postretirement Plans	PENSION & POSTRETIREMENT PLANS Total periodic pension and postretirement (income) expense is summarized below: Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Service cost $ 19 12 $ 38 24 Interest cost 34 54 68 108 Expected return on plan assets (78) (71) (156) (142) Net amortization 23 (20) 46 (40) Total $ (2) (25) $ (4) (50)

Other Deductions, Net

Other Deductions, Net	6 Months Ended
	Mar. 31, 2023
Other Income and Expenses [Abstract]
Other Deductions, Net	OTHER DEDUCTIONS, NET Other deductions, net are summarized below: Three Months Ended Six Months Ended 2022 2023 2022 2023 Amortization of intangibles (intellectual property and $ 57 119 114 237 Restructuring costs 9 19 15 29 Acquisition/divestiture costs 7 10 30 10 Foreign currency transaction (gains) losses (20) 26 (27) 19 Investment-related gains & gains from sales of capital assets — (35) (15) (39) Russia business exit — — — 47 Other (25) (30) (51) (74) Total $ 28 109 66 229 Intangibles amortization for the three and six months ended March 31, 2023 included $64 and $128, respectively, related to the Heritage AspenTech acquisition. Foreign currency transaction gains/losses for the three and six months ended March 31, 2023 included a mark-to-market loss of $14 and a gain of $21, respectively, related to foreign currency forward contracts entered into by AspenTec h to mitigate the impact of foreign currency exchange associated with the Micromine purchase price. The Company recognized a mark-to-market gain of $35

Restructuring Costs

Restructuring Costs	6 Months Ended
	Mar. 31, 2023
Restructuring and Related Activities [Abstract]
Restructuring Costs	RESTRUCTURING COSTS Restructuring expense reflects costs associated with the Company’s ongoing efforts to improve operational efficiency and deploy assets globally in order to remain competitive on a worldwide basis. The Company expects fiscal 2023 restructuring expense and related costs to be approximately $90, including costs to complete actions initiated in the first six months of the year. Restructuring expense by business segment follows: Three Months Ended March 31, Six Months Ended 2022 2023 2022 2023 Final Control $ 3 2 4 1 Measurement & Analytical 4 — 5 1 Discrete Automation 1 7 3 8 Safety & Productivity 1 2 1 2 Intelligent Devices 9 11 13 12 Control Systems & Software — 5 1 6 AspenTech — — — — Software and Control — 5 1 6 Corporate — 3 1 11 Total $ 9 19 15 29 Details of the change in the liability for restructuring costs during the six months ended March 31, 2023 follow: Sept 30, 2022 Expense Utilized/Paid Mar 31, 2023 Severance and benefits $ 117 10 21 106 Other 5 19 21 3 Total $ 122 29 42 109 The tables above do not include $5 and $7 of costs related to restructuring actions incurred for the three months ended March 31, 2022 and 2023, respectively, that are required to be reported in cost of sales and selling, general and administrative expenses; year-to-date amounts are $13 and $12, respectively.

Income Taxes

Income Taxes	6 Months Ended
	Mar. 31, 2023
Income Tax Disclosure [Abstract]
Income Taxes	TAXES Income taxes were $134 in the second quarter of fiscal 2023 and $80 in 2022, resulting in effective tax rates of 21 percent and 16 percent, respectively. The prior year rate included a 6 percentage point net benefit related to the completion of tax examinations partially offset by unfavorable discrete tax items. Income taxes were $232 in the first six of months of fiscal 2023 and $276 in 2022, resulting in effective tax rates of 22 percent and 19 percent, respectively. The prior year rate included a 3 percentage point benefit related to the completion of tax examinations. On March 27, 2020, the CARES Act was enacted in response to the COVID-19 pandemic, and among other things, provides tax relief to businesses. Tax provisions of the CARES Act include the deferral of certain payroll taxes, relief for retaining employees, and other provisions. The Company deferred $73 of certain payroll taxes through the end of calendar year 2020, of which approximately $37 was paid in December 2021 and the remainder was paid in December 2022.

Other Financial Information

Other Financial Information	6 Months Ended
	Mar. 31, 2023
Disclosure Text Block [Abstract]
Other Financial Information	OTHER FINANCIAL INFORMATION Sept 30, 2022 Mar 31, 2023 Inventories Finished products $ 417 473 Raw materials and work in process 1,325 1,561 Total $ 1,742 2,034 Property, plant and equipment, net Property, plant and equipment, at cost $ 5,390 5,445 Less: Accumulated depreciation 3,151 3,182 Total $ 2,239 2,263 Goodwill by business segment Final Control $ 2,605 2,676 Measurement & Analytical 1,112 1,190 Discrete Automation 807 843 Safety & Productivity 364 391 Intelligent Devices 4,888 5,100 Control Systems & Software 732 670 AspenTech 8,326 8,327 Software and Control 9,058 8,997 Total $ 13,946 14,097 Other intangible assets Gross carrying amount $ 9,671 9,800 Less: Accumulated amortization 3,099 3,501 Net carrying amount $ 6,572 6,299 Other intangible assets include customer relationships, net, of $3,436 and $3,329 and intellectual property, net, of $2,934 and $2,770 as of September 30, 2022 and March 31, 2023, respectively. Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Depreciation and amortization expense include the following: Depreciation expense $ 79 72 163 146 Amortization of intangibles (includes $14, $49, $28 and $98 reported in Cost of Sales, respectively) 71 168 142 335 Amortization of capitalized software 21 23 44 42 Total $ 171 263 349 523 Amortization of intangibles included $99 and $198, related to the Heritage AspenTech acquisition for the three and six months ended March 31, 2023, respectively. Sept 30, 2022 Mar 31, 2023 Other assets include the following: Pension assets $ 865 933 Unbilled receivables (contract assets) 428 471 Operating lease right-of-use assets 439 436 Deferred income taxes 85 83 Asbestos-related insurance receivables 68 67 Accrued expenses include the following: Customer advances (contract liabilities) $ 751 940 Employee compensation 523 445 Income taxes 125 390 Operating lease liabilities (current) 128 132 Product warranty 84 91 The increase in Income taxes was due to remaining income taxes payable of approximately $330 related to the gain on the InSinkErator divestiture and subsidiary restructurings at Climate Technologies, which are expected to be paid by the end of fiscal 2023. See Note 5. Other liabilities include the following: Deferred income taxes $ 1,714 1,585 Pension and postretirement liabilities 427 440 Operating lease liabilities (noncurrent) 312 305 Asbestos litigation 205 194

Financial Instruments

Financial Instruments	6 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Financial Instruments	FINANCIAL INSTRUMENTS Hedging Activities – As of March 31, 2023, the notional amount of foreign currency hedge positions was approximately $5.0 billion, and commodity hedge contracts totaled approximately $136 (primarily 40 million pounds of copper and aluminum). All derivatives receiving hedge accounting are cash flow hedges. The majority of hedging gains and losses deferred as of March 31, 2023 are expected to be recognized over the next 12 months as the underlying forecasted transactions occur. Gains and losses on foreign currency derivatives reported in Other deductions, net reflect hedges of balance sheet exposures that do not receive hedge accounting. Net Investment Hedge – In fiscal 2019, the Company issued euro-denominated debt of €1.5 billion. The euro notes reduce foreign currency risk associated with the Company's international subsidiaries that use the euro as their functional currency and have been designated as a hedge of a portion of the investment in these operations. Foreign currency gains or losses associated with the euro-denominated debt are deferred in accumulated other comprehensive income (loss) and will remain until the hedged investment is sold or substantially liquidated. The following gains and losses are included in earnings and other comprehensive income (OCI) for the three and six months ended March 31, 2022 and 2023: Into Earnings Into OCI 2nd Quarter Six Months 2nd Quarter Six Months Gains (Losses) Location 2022 2023 2022 2023 2022 2023 2022 2023 Commodity Cost of sales $ 6 (2) 13 (10) 10 8 23 19 Foreign currency Sales — (1) 1 (2) (2) (1) (2) 3 Foreign currency Cost of sales 9 10 11 18 14 17 17 14 Foreign currency Other deductions, net 8 (22) 52 (17) Net Investment Hedges Euro denominated debt 35 (14) 79 (137) Total $ 23 (15) 77 (11) 57 10 117 (101) Regardless of whether derivatives and non-derivative financial instruments receive hedge accounting, the Company expects hedging gains or losses to be offset by losses or gains on the related underlying exposures. The amounts ultimately recognized will differ from those presented above for open positions, which remain subject to ongoing market price fluctuations until settlement. Derivatives receiving hedge accounting are highly effective and no amounts were excluded from the as sessment of hedge effectiveness. Equity Investment – The Company has an equity investment in National Instruments Corporation ("NI"), valued at $117 as of March 31, 2023 (reported in Other current assets), and recognized a mark-to-market gain of $35 in the second quarter of fiscal 2023. On April 12, 2023, Emerson announced an agreement to acquire NI for $60 per share in cash for the remaining shares not already owned by Emerson. See Note 4. Fair Value Measurement – Valuations for all derivatives and the Company's long-term debt fall within Level 2 of the GAAP valuation hierarchy. As of March 31, 2023, the fair value of long-term debt was $7.2 billion, which was lower than the carrying value by $943. The fair values of commodity and foreign currency contracts did not materially change since September 30, 2022. Foreign currency contracts were reported in Other current assets and Accrued expenses, while commodity contracts, which primarily relate to discontinued operations, were reported in Current assets and liabilities held-for-sale. The fair value of the Company's equity investment in National Instruments falls within Level 1 and was based on the most recent quoted closing market price from its principal exchange for the period ended March 31, 2023.

Accumulated Other Comprehensive

Accumulated Other Comprehensive Income (Loss)	6 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Accumulated Other Comprehensive Income (Loss)	ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) Activity in Accumulated other comprehensive income (loss) for the three and six months ended March 31, 2022 and 2023 is shown below, net of income taxes: Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Foreign currency translation Beginning balance $ (701) (1,029) (629) (1,265) Other comprehensive income (loss), net of tax of $(8), $4, $(18) and $32, respectively (59) 111 (131) 347 Ending balance (760) (918) (760) (918) Pension and postretirement Beginning balance (241) (238) (259) (222) Amortization of deferred actuarial losses into earnings, net of tax of $(5), $3, $(10) and $7, respectively 18 (17) 36 (33) Ending balance (223) (255) (223) (255) Cash flow hedges Beginning balance 20 12 16 2 Gains deferred during the period, net of taxes of $(5), $(6), $(9) and $(9), respectively 17 18 29 27 Reclassification of realized (gains) losses to sales and cost of sales, net of tax of $4, $2, $6 and $2, respectively (11) (5) (19) (4) Ending balance 26 25 26 25 Accumulated other comprehensive income (loss) $ (957) (1,148) (957) (1,148)

Business Segments

Business Segments	6 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Business Segments	BUSINESS SEGMENTS As disclosed in Note 5, the financial results of Climate Technologies, InSinkErator and Therm-O-Disc are reported as discontinued operations for all periods presented. As a result of these portfolio actions, the Company has realigned its business segments and now reports six segments and two business groups, which are highlighted in the table below. The Company also reclassified certain product sales that were previously reported in Control Systems & Software to Discrete Automation. INTELLIGENT DEVICES SOFTWARE AND CONTROL • Final Control • Control Systems & Software • Measurement & Analytical • AspenTech • Discrete Automation • Safety & Productivity The new segments were previously described as follows: Final Control was the Valves, Actuators & Regulators product offering; Measurement & Analytical was the Measurement & Analytical instrumentation product offering; Discrete Automation was the Industrial Solutions product offering; Safety & Productivity was the Tools & Home Products segment, excluding the divested InSinkErator business; Control Systems & Software was the Systems & Software product offering; and, AspenTech remains unchanged. The AspenTech segment was identified in the third quarter of fiscal 2022 as a result of the Heritage AspenTech acquisition and reflects the combined results of Heritage AspenTech and the Emerson Industrial Software Business (see Note 4 for further details). The results for this new segment include the historical results of the Emerson Industrial Software Business (which were previously reported in the Control Systems & Software segment), while results related to the Heritage AspenTech business only include periods subsequent to the close of the transaction. Prior year amounts have been reclassified to conform to the current year presentation. Three Months Ended March 31, Six Months Ended March 31, Sales Earnings Sales Earnings 2022 2023 2022 2023 2022 2023 2022 2023 Final Control $ 884 992 152 215 1,701 1,854 274 373 Measurement & Analytical 769 888 176 229 1,506 1,637 346 404 Discrete Automation 644 683 130 133 1,261 1,301 250 254 Safety & Productivity 355 361 65 83 706 671 130 146 Intelligent Devices 2,652 2,924 523 660 5,174 5,463 1,000 1,177 Control Systems & Software 573 623 101 127 1,143 1,229 217 234 AspenTech 84 230 (4) (54) 166 473 (6) (87) Software and Control 657 853 97 73 1,309 1,702 211 147 Stock compensation (43) (40) (77) (142) Unallocated pension and postretirement costs 25 46 51 91 Corporate and other (42) (47) (97) (111) Gain on subordinated interest — — 453 — Eliminations/Interest (18) (21) (51) (53) (36) (36) (90) (101) Total $ 3,291 3,756 509 639 6,447 7,129 1,451 1,061 Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below: Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Final Control $ 50 45 103 90 Measurement & Analytical 30 28 61 58 Discrete Automation 22 22 45 43 Safety & Productivity 14 15 29 29 Intelligent Devices 116 110 238 220 Control Systems & Software 22 24 47 45 AspenTech 24 123 47 246 Software and Control 46 147 94 291 Corporate and other 9 6 17 12 Total $ 171 263 349 523 Sales by geographic destination, Americas, Asia, Middle East & Africa ("AMEA") and Europe, are summarized below: Three Months Ended March 31, Three Months Ended March 31, 2022 2023 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 412 337 135 884 494 362 136 992 Measurement & Analytical 361 295 113 769 455 304 129 888 Discrete Automation 296 171 177 644 311 184 188 683 Safety & Productivity 260 17 78 355 272 16 73 361 Intelligent Devices 1,329 820 503 2,652 1,532 866 526 2,924 Control Systems & Software 282 175 116 573 314 186 123 623 AspenTech 48 19 17 84 114 61 55 230 Software and Control 330 194 133 657 428 247 178 853 Total $ 1,659 1,014 636 3,309 1,960 1,113 704 3,777 Six Months Ended March 31, Six Months Ended March 31, 2022 2023 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 764 673 264 1,701 940 670 244 1,854 Measurement & Analytical 672 591 243 1,506 851 550 236 1,637 Discrete Automation 570 354 337 1,261 602 359 340 1,301 Safety & Productivity 530 33 143 706 508 33 130 671 Intelligent Devices 2,536 1,651 987 5,174 2,901 1,612 950 5,463 Control Systems & Software 550 348 245 1,143 608 371 250 1,229 AspenTech 102 35 29 166 226 124 123 473 Software and Control 652 383 274 1,309 834 495 373 1,702 Total $ 3,188 2,034 1,261 6,483 3,735 2,107 1,323 7,165

Revenue Recognition (Tables)

Revenue Recognition (Tables)	6 Months Ended
	Mar. 31, 2023
Revenue from Contract with Customer [Abstract]
Schedule of Contract Assets and Contract Liabilities	The following table summarizes the balances of the Company's unbilled receivables (contract assets), which are reported in Other assets (current and noncurrent), and its customer advances (contract liabilities), which are reported in Accrued expenses and Other liabilities. Sept 30, 2022 Mar 31, 2023 Unbilled receivables (contract assets) $ 1,390 1,342 Customer advances (contract liabilities) (776) (975) Net contract assets (liabilities) $ 614 367

Common Shares and Share-Based_2

Common Shares and Share-Based Compensation (Tables)	6 Months Ended
	Mar. 31, 2023
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Schedule Of Basic And Diluted Earnings Per Share Reconciliation	Three Months Ended Six Months Ended 2022 2023 2022 2023 Basic shares outstanding 593.3 570.9 593.9 577.2 Dilutive shares 3.2 2.7 3.4 2.9 Diluted shares outstanding 596.5 573.6 597.3 580.1

Acquisitions and Divestitures (

Acquisitions and Divestitures (Tables)	3 Months Ended
	Mar. 31, 2023
Business Combinations [Abstract]
Purchase Consideration	The following table summarizes the components of the purchase consideration reflected in the acquisition accounting using Heritage AspenTech's shares outstanding and closing market price per share as of May 16, 2022 (in millions except share and per share data): Heritage AspenTech shares outstanding 66,662,482 Heritage AspenTech share price $ 166.30 Purchase price $ 11,086 Value of stock-based compensation awards attributable to pre-combination service 102 Total purchase consideration $ 11,188
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The total purchase consideration for Heritage AspenTech was allocated to assets and liabilities as follows. Cash and equivalents $ 274 Receivables 43 Other current assets 280 Property, plant equipment 4 Goodwill ($34 expected to be tax-deductible) 7,225 Other intangible assets 4,390 Other assets 513 Total assets 12,729 Short-term borrowings 27 Accounts payable 8 Accrued expenses 115 Long-term debt 255 Deferred taxes and other liabilities 1,136 Total purchase consideration $ 11,188
Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination	The estimated intangible assets attributable to the transaction are comprised of the following (in millions) : Amount Estimated Weighted Average Life (Years) Developed technology $ 1,350 10 Customer relationships 2,300 15 Trade names 430 Indefinite-lived Backlog 310 3 Total $ 4,390
Business Acquisition, Pro Forma Information	The following unaudited proforma consolidated condensed financial results of operations are presented as if the acquisition of Heritage AspenTech occurred on Oct ober 1, 2020. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the acquisition occurred as of that time ($ in millions, except per share amounts). Three Months Ended March 31, Six Months Ended March 31, 2022 2022 Net Sales $ 3,478 $ 6,806 Net earnings from continuing operations common stockholders $ 423 $ 1,158 Diluted earnings per share from continuing operations $ 0.71 $ 1.94

Discontinued Operations and D_2

Discontinued Operations and Disposal Groups (Tables)	6 Months Ended
	Mar. 31, 2023
Discontinued Operations and Disposal Groups [Abstract]
Disposal Groups, Including Discontinued Operations	The financial results of Climate Technologies, InSinkErator ("ISE") and Therm-O-Disc ("TOD") (through the completion of the divestitures), are reported as discontinued operations for the three and six months ended March 31, 2023 and 2022 and were as follows: Climate Technologies ISE and TOD Total Three Months Ended March 31, Three Months Ended March 31, Three Months Ended March 31, 2022 2023 2022 2023 2022 2023 Net sales $ 1,255 1,245 245 — 1,500 1,245 Cost of sales 866 782 158 — 1,024 782 SG&A 127 127 34 — 161 127 Gain on sale of business — — — (3) — (3) Other deductions, net 6 35 7 — 13 35 Earnings before income taxes 256 301 46 3 302 304 Income taxes 56 39 — — 56 39 Earnings, net of tax $ 200 262 46 3 246 265 Climate Technologies ISE and TOD Total Six Months Ended March 31, Six Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 2022 2023 Net sales $ 2,334 2,309 483 49 2,817 2,358 Cost of sales 1,628 1,484 306 29 1,934 1,513 SG&A 254 269 69 8 323 277 Gain on sale of business — — — (2,783) — (2,783) Other deductions, net 12 67 13 12 25 79 Earnings before income taxes 440 489 95 2,783 535 3,272 Income taxes 95 352 45 653 140 1,005 Earnings, net of tax $ 345 137 50 2,130 395 2,267 Climate Technologies' results for the three and six months ended March 31, 2023 include lower expense of $43 and $70, respectively, due to ceasing depreciation and amortization upon the held-for-sale classification. Other deductions, net for Climate Technologies included $28 and $55 of transaction-related costs for the three and six months ended March 31, 2023, respectively. Income taxes for the six months ended March 31, 2023 included approximately $245 for Climate Technologies subsidiary restructurings and approximately $660 related to the gain on the InSinkErator divestiture. The aggregate carrying amounts of the major classes of assets and liabilities classified as held-for-sale as of March 31, 2023 and September 30, 2022 are summarized as follows: Climate Technologies ISE Total Sept. 30, March 31, Sept. 30, March 31, Sept. 30, March 31, Assets 2022 2023 2022 2023 2022 2023 Receivables $ 747 780 68 — 815 780 Inventories 449 505 81 — 530 505 Other current assets 49 62 4 — 53 62 Property, plant & equipment, net 1,122 1,171 141 — 1,263 1,171 Goodwill 716 720 2 — 718 720 Other noncurrent assets 265 347 12 — 277 347 Total assets held-for-sale $ 3,348 3,585 308 — 3,656 3,585 Liabilities Accounts payable $ 752 644 60 — 812 644 Other current liabilities 475 494 61 — 536 494 Deferred taxes and other noncurrent liabilities 154 149 13 — 167 149 Total liabilities held-for-sale $ 1,381 1,287 134 — 1,515 1,287 Net cash from operating and investing activities for Climate Technologies, InSinkErator and Therm-O-Disc for the six months ended March 31, 2023 and 2022 were as follows: Climate Technologies ISE and TOD Total Six Months Ended March 31, Six Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 2022 2023 Cash from operating activities $ 234 44 (25) (435) 209 (391) Cash from investing activities $ (69) (139) (19) 3,055 (88) 2,916

Pension & Postretirement Plans

Pension & Postretirement Plans (Tables)	6 Months Ended
	Mar. 31, 2023
Retirement Benefits [Abstract]
Schedule of Pension and Postretirement Plan Expenses	Total periodic pension and postretirement (income) expense is summarized below: Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Service cost $ 19 12 $ 38 24 Interest cost 34 54 68 108 Expected return on plan assets (78) (71) (156) (142) Net amortization 23 (20) 46 (40) Total $ (2) (25) $ (4) (50)

Other Deductions, Net (Tables)

Other Deductions, Net (Tables)	6 Months Ended
	Mar. 31, 2023
Other Income and Expenses [Abstract]
Schedule of Other Deductions, net	Other deductions, net are summarized below: Three Months Ended Six Months Ended 2022 2023 2022 2023 Amortization of intangibles (intellectual property and $ 57 119 114 237 Restructuring costs 9 19 15 29 Acquisition/divestiture costs 7 10 30 10 Foreign currency transaction (gains) losses (20) 26 (27) 19 Investment-related gains & gains from sales of capital assets — (35) (15) (39) Russia business exit — — — 47 Other (25) (30) (51) (74) Total $ 28 109 66 229

Restructuring Costs (Tables)

Restructuring Costs (Tables)	6 Months Ended
	Mar. 31, 2023
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Expense by Segment	Restructuring expense by business segment follows: Three Months Ended March 31, Six Months Ended 2022 2023 2022 2023 Final Control $ 3 2 4 1 Measurement & Analytical 4 — 5 1 Discrete Automation 1 7 3 8 Safety & Productivity 1 2 1 2 Intelligent Devices 9 11 13 12 Control Systems & Software — 5 1 6 AspenTech — — — — Software and Control — 5 1 6 Corporate — 3 1 11 Total $ 9 19 15 29
Schedule of Change in Restructuring Reserve by Type of Cost	Details of the change in the liability for restructuring costs during the six months ended March 31, 2023 follow: Sept 30, 2022 Expense Utilized/Paid Mar 31, 2023 Severance and benefits $ 117 10 21 106 Other 5 19 21 3 Total $ 122 29 42 109

Other Financial Information (Ta

Other Financial Information (Tables)	6 Months Ended
	Mar. 31, 2023
Disclosure Text Block [Abstract]
Inventories	Sept 30, 2022 Mar 31, 2023 Inventories Finished products $ 417 473 Raw materials and work in process 1,325 1,561 Total $ 1,742 2,034
Property, Plant and Equipment, net	Property, plant and equipment, net Property, plant and equipment, at cost $ 5,390 5,445 Less: Accumulated depreciation 3,151 3,182 Total $ 2,239 2,263
Goodwill by Business Segment	Goodwill by business segment Final Control $ 2,605 2,676 Measurement & Analytical 1,112 1,190 Discrete Automation 807 843 Safety & Productivity 364 391 Intelligent Devices 4,888 5,100 Control Systems & Software 732 670 AspenTech 8,326 8,327 Software and Control 9,058 8,997 Total $ 13,946 14,097
Other Intangible Assets	Other intangible assets Gross carrying amount $ 9,671 9,800 Less: Accumulated amortization 3,099 3,501 Net carrying amount $ 6,572 6,299
Depreciation and Amortization components	Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Depreciation and amortization expense include the following: Depreciation expense $ 79 72 163 146 Amortization of intangibles (includes $14, $49, $28 and $98 reported in Cost of Sales, respectively) 71 168 142 335 Amortization of capitalized software 21 23 44 42 Total $ 171 263 349 523 Amortization of intangibles included $99 and $198, related to the Heritage AspenTech acquisition for the three and six months ended March 31, 2023, respectively.
Other Assets	Sept 30, 2022 Mar 31, 2023 Other assets include the following: Pension assets $ 865 933 Unbilled receivables (contract assets) 428 471 Operating lease right-of-use assets 439 436 Deferred income taxes 85 83 Asbestos-related insurance receivables 68 67
Accrued Expenses	Accrued expenses include the following: Customer advances (contract liabilities) $ 751 940 Employee compensation 523 445 Income taxes 125 390 Operating lease liabilities (current) 128 132 Product warranty 84 91
Other Liabilities	Other liabilities include the following: Deferred income taxes $ 1,714 1,585 Pension and postretirement liabilities 427 440 Operating lease liabilities (noncurrent) 312 305 Asbestos litigation 205 194

Financial Instruments (Tables)

Financial Instruments (Tables)	6 Months Ended
	Mar. 31, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule Of Derivative Instruments	Into Earnings Into OCI 2nd Quarter Six Months 2nd Quarter Six Months Gains (Losses) Location 2022 2023 2022 2023 2022 2023 2022 2023 Commodity Cost of sales $ 6 (2) 13 (10) 10 8 23 19 Foreign currency Sales — (1) 1 (2) (2) (1) (2) 3 Foreign currency Cost of sales 9 10 11 18 14 17 17 14 Foreign currency Other deductions, net 8 (22) 52 (17) Net Investment Hedges Euro denominated debt 35 (14) 79 (137) Total $ 23 (15) 77 (11) 57 10 117 (101)

Accumulated Other Comprehensi_2

Accumulated Other Comprehensive Income (Loss) (Tables)	6 Months Ended
	Mar. 31, 2023
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]
Schedule of Accumulated Other Comprehensive Income (Loss)	Activity in Accumulated other comprehensive income (loss) for the three and six months ended March 31, 2022 and 2023 is shown below, net of income taxes: Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Foreign currency translation Beginning balance $ (701) (1,029) (629) (1,265) Other comprehensive income (loss), net of tax of $(8), $4, $(18) and $32, respectively (59) 111 (131) 347 Ending balance (760) (918) (760) (918) Pension and postretirement Beginning balance (241) (238) (259) (222) Amortization of deferred actuarial losses into earnings, net of tax of $(5), $3, $(10) and $7, respectively 18 (17) 36 (33) Ending balance (223) (255) (223) (255) Cash flow hedges Beginning balance 20 12 16 2 Gains deferred during the period, net of taxes of $(5), $(6), $(9) and $(9), respectively 17 18 29 27 Reclassification of realized (gains) losses to sales and cost of sales, net of tax of $4, $2, $6 and $2, respectively (11) (5) (19) (4) Ending balance 26 25 26 25 Accumulated other comprehensive income (loss) $ (957) (1,148) (957) (1,148)

Business Segments (Tables)

Business Segments (Tables)	6 Months Ended
	Mar. 31, 2023
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Three Months Ended March 31, Six Months Ended March 31, Sales Earnings Sales Earnings 2022 2023 2022 2023 2022 2023 2022 2023 Final Control $ 884 992 152 215 1,701 1,854 274 373 Measurement & Analytical 769 888 176 229 1,506 1,637 346 404 Discrete Automation 644 683 130 133 1,261 1,301 250 254 Safety & Productivity 355 361 65 83 706 671 130 146 Intelligent Devices 2,652 2,924 523 660 5,174 5,463 1,000 1,177 Control Systems & Software 573 623 101 127 1,143 1,229 217 234 AspenTech 84 230 (4) (54) 166 473 (6) (87) Software and Control 657 853 97 73 1,309 1,702 211 147 Stock compensation (43) (40) (77) (142) Unallocated pension and postretirement costs 25 46 51 91 Corporate and other (42) (47) (97) (111) Gain on subordinated interest — — 453 — Eliminations/Interest (18) (21) (51) (53) (36) (36) (90) (101) Total $ 3,291 3,756 509 639 6,447 7,129 1,451 1,061 Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below: Three Months Ended March 31, Six Months Ended March 31, 2022 2023 2022 2023 Final Control $ 50 45 103 90 Measurement & Analytical 30 28 61 58 Discrete Automation 22 22 45 43 Safety & Productivity 14 15 29 29 Intelligent Devices 116 110 238 220 Control Systems & Software 22 24 47 45 AspenTech 24 123 47 246 Software and Control 46 147 94 291 Corporate and other 9 6 17 12 Total $ 171 263 349 523
Schedule of Financial Information By Geographic Area	Sales by geographic destination, Americas, Asia, Middle East & Africa ("AMEA") and Europe, are summarized below: Three Months Ended March 31, Three Months Ended March 31, 2022 2023 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 412 337 135 884 494 362 136 992 Measurement & Analytical 361 295 113 769 455 304 129 888 Discrete Automation 296 171 177 644 311 184 188 683 Safety & Productivity 260 17 78 355 272 16 73 361 Intelligent Devices 1,329 820 503 2,652 1,532 866 526 2,924 Control Systems & Software 282 175 116 573 314 186 123 623 AspenTech 48 19 17 84 114 61 55 230 Software and Control 330 194 133 657 428 247 178 853 Total $ 1,659 1,014 636 3,309 1,960 1,113 704 3,777 Six Months Ended March 31, Six Months Ended March 31, 2022 2023 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 764 673 264 1,701 940 670 244 1,854 Measurement & Analytical 672 591 243 1,506 851 550 236 1,637 Discrete Automation 570 354 337 1,261 602 359 340 1,301 Safety & Productivity 530 33 143 706 508 33 130 671 Intelligent Devices 2,536 1,651 987 5,174 2,901 1,612 950 5,463 Control Systems & Software 550 348 245 1,143 608 371 250 1,229 AspenTech 102 35 29 166 226 124 123 473 Software and Control 652 383 274 1,309 834 495 373 1,702 Total $ 3,188 2,034 1,261 6,483 3,735 2,107 1,323 7,165

Revenue Recognition Contract As

Revenue Recognition Contract Assets (Liabilities) (Details) - USD ($) $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2023	Mar. 31, 2023	Sep. 30, 2022
Revenue from Contract with Customer [Abstract]
Unbilled receivables (contract assets)	$ 1,342	$ 1,342	$ 1,390
Customer advances (contract liabilities)	(975)	(975)	(776)
Net contract liabilities	367	367	$ 614
Revenue recognized, included in beginning contract liability	106	441
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Backlog	$ 8,100	$ 8,100

Revenue Recognition Performance

Revenue Recognition Performance Obligations (Details) $ in Billions	Mar. 31, 2023 USD ($)
Revenue from Contract with Customer [Abstract]
Backlog	$ 8.1
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Backlog	8.1
Operating Segments [Member] | AspenTech
Revenue from Contract with Customer [Abstract]
Backlog	1.2
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Backlog	$ 1.2
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-04-01
Revenue from Contract with Customer [Abstract]
Percentage of backlog recognized as revenue, next 12 months	80%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, backlog	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, backlog	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, backlog	1 year

Common Shares and Share-Based_3

Common Shares and Share-Based Compensation (Details) - shares shares in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Earnings Per Share, Diluted, by Common Class, Including Two Class Method [Line Items]
Weighted Average Number of Shares Outstanding, Basic	570.9	593.3	577.2	593.9
Dilutive shares	2.7	3.2	2.9	3.4
Diluted shares outstanding	573.6	596.5	580.1	597.3

Purchase Price (Details)

Purchase Price (Details) - AspenTech $ / shares in Units, $ in Millions	May 16, 2022 USD ($) $ / shares shares
Business Acquisition [Line Items]
Shares, Outstanding | shares	66,662,482
Share Price | $ / shares	$ 166.30
Purchase price - AspenTech	$ 11,086
Value of stock-based compensation awards attributable to pre-combination service	102
Total purchase consideration	$ 11,188

Acquisitions And Divestitures S

Acquisitions And Divestitures Schedule of Purchase Price Allocated to Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022	May 16, 2022
Business Acquisition [Line Items]
Goodwill ($34 expected to be tax-deductible)	$ 14,097	$ 13,946
Goodwill expected tax deductible amount			$ 34
AspenTech
Business Acquisition [Line Items]
Cash and equivalents			274
Accounts receivable			43
Other current assets			280
Property, plant and equipment, net			4
Goodwill ($34 expected to be tax-deductible)			7,225
Other intangible assets			4,390
Other assets			513
Total assets			12,729
Short-term borrowings			27
Accounts payable			8
Accrued expenses			115
Long-term debt			255
Deferred tax and other liabilities			1,136
Total purchase consideration			$ 11,188

Finite & Indefinite Lived Intan

Finite & Indefinite Lived Intangibles (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2023	May 16, 2022
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets, weighted average useful life	10 years
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets, weighted average useful life	15 years
Backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangible assets, weighted average useful life	3 years
AspenTech
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles		$ 4,390
AspenTech | Trade Names
Acquired Indefinite-lived Intangible Assets [Line Items]
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Indefinite-Lived Intangible Assets		430
AspenTech | Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles		1,350
AspenTech | Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles		2,300
AspenTech | Backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Intangibles		$ 310

Pro Forma Financial Information

Pro Forma Financial Information (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended	6 Months Ended
	Mar. 31, 2022	Mar. 31, 2022
Business Acquisition [Line Items]
Business Acquisition, Pro Forma Revenue	$ 3,478	$ 6,806
Business Acquisition, Pro Forma Net Income (Loss) from continuing operations common stockholders	$ 423	$ 1,158
Business Acquisition, Pro Forma Earnings Per Share from continuing operations, Diluted	$ 0.71	$ 1.94

Acquisitions and Divestitures N

Acquisitions and Divestitures Narrative (Details) $ / shares in Units, $ in Millions

3 Months Ended

6 Months Ended

9 Months Ended

11 Months Ended

12 Months Ended

27 Months Ended

Mar. 31, 2023 USD ($) $ / shares

Dec. 31, 2022 USD ($)

Mar. 31, 2022 USD ($)

Mar. 31, 2023 USD ($)

Mar. 31, 2022 USD ($) $ / shares

Jun. 30, 2022 USD ($)

Jun. 30, 2023 USD ($)

Jun. 30, 2023 AUD ($)

Sep. 30, 2022 USD ($)

Sep. 30, 2023 USD ($)

Apr. 12, 2023 USD ($) $ / shares

May 16, 2022 USD ($) $ / shares

Sep. 30, 2021 USD ($)

Business Acquisition [Line Items]

Cash and equivalents

$ 2,046,000,000

$ 6,929,000,000

$ 2,046,000,000

$ 6,929,000,000

$ 1,804,000,000

$ 2,354,000,000

Net sales

3,756,000,000

3,291,000,000

7,129,000,000

6,447,000,000

Acquisition/divestiture costs

10,000,000

7,000,000

10,000,000

30,000,000

Proceeds from Issuance of Debt

$ 3,000,000,000

Revenues

$ 1,660,000,000

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

3,000,000

0

2,783,000,000

0

Proceeds from subordinated interest

15,000,000

438,000,000

Gain from periodic distribution from retained subordinated interest in Vertiv (VRT)

0

0

0

453,000,000

Gain from periodic distribution from retained subordinated interest in Vertiv (VRT), net of tax

$ 358,000,000

Gain from periodic distribution from retained subordinated interest in Vertiv (VRT), net of tax, per diluted share | $ / shares

$ 0.60

AspenTech

Business Acquisition [Line Items]

Noncontrolling Interest, Ownership Percentage by Noncontrolling Owners

45%

Subsequent Event [Member]

Business Acquisition [Line Items]

Equity value

$ 8,200,000,000

Effective purchase price per share | $ / shares

$ 59.61

Acquisition-related Costs

Business Acquisition [Line Items]

Acquisition/divestiture costs

$ 44,000,000

Interest Expense

19,000,000

56,000,000

RUSSIAN FEDERATION

Business Acquisition [Line Items]

Disposal Group, Not Discontinued Operation, Gain (Loss) on Disposal

(47,000,000)

(Loss) on sale of business, net of tax

$ (47,000,000)

Disposal Group, Gain (loss) on disposal, net of tax, per diluted share | $ / shares

$ (0.08)

Backlog

Business Acquisition [Line Items]

Intangible assets, weighted average useful life

3 years

AspenTech

Business Acquisition [Line Items]

Cash contribution to AspenTech shareholders

$ 6,000,000,000

Business Acquisition, Percentage of Voting Interests Acquired

55%

Proceeds from Noncontrolling Interests

5,900,000,000

Adjustments to Additional Paid in Capital, Other

$ 550,000,000

Approximate per share payout | $ / shares

$ 87.69

Cash and equivalents

$ 168,000,000

Net sales

$ 151,000,000

$ 319,000,000

Acquisition/divestiture costs

$ 7,000,000

$ 30,000,000

Intangibles

4,390,000,000

AspenTech | Backlog

Business Acquisition [Line Items]

Intangibles

$ 310,000,000

Heritage AspenTech

Business Acquisition [Line Items]

Acquisition/divestiture costs

$ 68,000,000

Forecast [Member]

Business Acquisition [Line Items]

Pretax periodic distribution from retained subordinated interest

$ 75,000,000

Forecast [Member] | Minimum [Member]

Business Acquisition [Line Items]

Period over which distributions are expected to occur

2 years

Forecast [Member] | Maximum [Member]

Business Acquisition [Line Items]

Period over which distributions are expected to occur

3 years

Forecast [Member] | Micromine

Business Acquisition [Line Items]

Purchase price

$ 623,000,000

$ 900

Forecast [Member] | National Instruments

Business Acquisition [Line Items]

Business Acquisition, Share Price | $ / shares

$ 60

Discontinued Operations and D_3

Discontinued Operations and Disposal Groups (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended			12 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Jun. 30, 2023	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Revenue	$ 1,245	$ 1,500		$ 2,358	$ 2,817
Disposal Group, Including Discontinued Operation, Costs of Goods Sold	782	1,024		1,513	1,934
Disposal Group, Including Discontinued Operation, General and Administrative Expense	127	161		277	323
Gain (loss) on sale of business	(3)	0		(2,783)	0
Disposal Group, Including Discontinued Operations, Other (income) deductions, net	35	13		79	25
Earnings before income taxes	304	302		3,272	535
Discontinued operations taxes	39	56		1,005	140
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax	265	246		2,267	395
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net	780			780		$ 815
Disposal Group, Including Discontinued Operation, Inventory, Current	505			505		530
Disposal Group, Including Discontinued Operation, Other Assets, Current	62			62		53
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current	1,171			1,171		1,263
Disposal Group, Including Discontinued Operation, Goodwill, Current	720			720		718
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent	347			347		277
Disposal Group, Including Discontinued Operation, Assets	3,585			3,585		3,656
Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Liabilities, Current [Abstract]	644			644		812
Disposal Group, Including Discontinued Operation, Other Liabilities, Current	494			494		536
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent	149			149		167
Disposal Group, Including Discontinued Operation, Liabilities	1,287			1,287		1,515
Cash Provided by (Used in) Operating Activities, Discontinued Operations
Cash Provided by (Used in) Operating Activities, Discontinued Operations				(391)	209
Cash Provided by (Used in) Investing Activities, Discontinued Operations				2,916	(88)
InSinkErator [Member]
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchase price	3,000
Disposal Group, Pre-tax earnings						152
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax				2,800
(Loss) on sale of business, net of tax				2,100
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Revenue						630
Discontinued Operation, Tax Effect of Discontinued Operation				660
Climate Technologies (excluding Therm-O-Disc)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Disposal Group, Pre-tax earnings						1,000
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Revenue	1,245	1,255		2,309	2,334	5,000
Disposal Group, Including Discontinued Operation, Costs of Goods Sold	782	866		1,484	1,628
Disposal Group, Including Discontinued Operation, General and Administrative Expense	127	127		269	254
Gain (loss) on sale of business	0	0		0	0
Disposal Group, Including Discontinued Operations, Other (income) deductions, net	35	6		67	12
Earnings before income taxes	301	256		489	440
Discontinued operations taxes	39	56		352	95
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax	262	200		137	345
Ceased Depreciation	43			70
Discontinued operations costs	28			55
Discontinued Operation, Tax Effect of Discontinued Operation				245
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net	780			780		747
Disposal Group, Including Discontinued Operation, Inventory, Current	505			505		449
Disposal Group, Including Discontinued Operation, Other Assets, Current	62			62		49
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current	1,171			1,171		1,122
Disposal Group, Including Discontinued Operation, Goodwill, Current	720			720		716
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent	347			347		265
Disposal Group, Including Discontinued Operation, Assets	3,585			3,585		3,348
Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Liabilities, Current [Abstract]	644			644		752
Disposal Group, Including Discontinued Operation, Other Liabilities, Current	494			494		475
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent	149			149		154
Disposal Group, Including Discontinued Operation, Liabilities	1,287			1,287		1,381
Cash Provided by (Used in) Operating Activities, Discontinued Operations
Cash Provided by (Used in) Operating Activities, Discontinued Operations				44	234
Cash Provided by (Used in) Investing Activities, Discontinued Operations				(139)	(69)
Therm-O-Disc
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Discontinued Operation, Gain (Loss) from Disposal of Discontinued Operation, before Income Tax						486
(Loss) on sale of business, net of tax						429
Therm-O-Disc &/or InSinkErator
Disposal Group, Including Discontinued Operation, Income Statement Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Revenue	0	245		49	483
Disposal Group, Including Discontinued Operation, Costs of Goods Sold	0	158		29	306
Disposal Group, Including Discontinued Operation, General and Administrative Expense	0	34		8	69
Gain (loss) on sale of business	(3)	0		(2,783)	0
Disposal Group, Including Discontinued Operations, Other (income) deductions, net	0	7		12	13
Earnings before income taxes	3	46		2,783	95
Discontinued operations taxes	0	0		653	45
Discontinued Operation, Income (Loss) from Discontinued Operation During Phase-out Period, Net of Tax	3	$ 46		2,130	50
Disposal Group, Including Discontinued Operation, Balance Sheet Disclosures [Abstract]
Disposal Group, Including Discontinued Operation, Accounts, Notes and Loans Receivable, Net	0			0		68
Disposal Group, Including Discontinued Operation, Inventory, Current	0			0		81
Disposal Group, Including Discontinued Operation, Other Assets, Current	0			0		4
Disposal Group, Including Discontinued Operation, Property, Plant and Equipment, Current	0			0		141
Disposal Group, Including Discontinued Operation, Goodwill, Current	0			0		2
Disposal Group, Including Discontinued Operation, Other Assets, Noncurrent	0			0		12
Disposal Group, Including Discontinued Operation, Assets	0			0		308
Disposal Group, Including Discontinued Operation, Accounts Payable and Accrued Liabilities, Current [Abstract]	0			0		60
Disposal Group, Including Discontinued Operation, Other Liabilities, Current	0			0		61
Disposal Group, Including Discontinued Operation, Other Liabilities, Noncurrent	0			0		13
Disposal Group, Including Discontinued Operation, Liabilities	$ 0			0		$ 134
Cash Provided by (Used in) Operating Activities, Discontinued Operations
Cash Provided by (Used in) Operating Activities, Discontinued Operations				(435)	(25)
Cash Provided by (Used in) Investing Activities, Discontinued Operations				$ 3,055	$ (19)
Forecast [Member] | Climate Technologies (excluding Therm-O-Disc)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Noncontrolling Interest, Ownership Percentage by Parent			45%
Forecast [Member] | Climate Technologies (excluding Therm-O-Disc)
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from Divestiture of Businesses			$ 9,500
Purchase price			14,000
Proceeds from Sale and Collection of Notes Receivable			$ 2,250

Pension & Postretirement Plan_2

Pension & Postretirement Plans (Schedule Of Net Periodic Pension And Net Postretirement Plan Expenses) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Defined Benefit Plan Disclosure [Line Items]
Service cost	$ 12	$ 19	$ 24	$ 38
Interest cost	54	34	108	68
Expected return on plan assets	(71)	(78)	(142)	(156)
Net amortization	(20)	23	(40)	46
Total	$ (25)	$ (2)	$ (50)	$ (4)

Other Deductions, Net (Schedule

Other Deductions, Net (Schedule Of Other Deductions, Net) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Other deductions, net [Line Items]
Amortization of intangibles intellectual property and customer relationships	$ 119	$ 57	$ 237	$ 114
Restructuring costs	19	9	29	15
Acquisition/divestiture costs	10	7	10	30
Foreign currency transaction gain (loss)	(26)	20	(19)	27
Investment-related gains & gains from sales of capital assets	(35)	0	(39)	(15)
Russia business exit - excluding restructuring expense	0	0	47	0
Other	(30)	(25)	(74)	(51)
Other deductions, net	109	28	229	66
Unrealized Gain (Loss) on Derivatives	(14)		21
National Instruments
Other deductions, net [Line Items]
Debt and Equity Securities, Unrealized Gain (Loss)	35
AspenTech
Other deductions, net [Line Items]
Acquisition/divestiture costs		$ 7		$ 30
Amortization of intangible assets	99		198
AspenTech | Other Nonoperating Income (Expense)
Other deductions, net [Line Items]
Amortization of intangible assets	$ 64		$ 128

Restructuring Costs (Details)

Restructuring Costs (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2023
Restructuring Reserve [Roll Forward]
Beginning restructuring liability			$ 122
Restructuring expense	$ 19	$ 9	29	$ 15
Restructuring utilized/paid			42
Ending restructuring liability	109		109
Cost of sales and selling, general, and administrative expenses [Member]
Restructuring Reserve [Roll Forward]
Restructuring expense	7	5	12	13
Severance and benefits [Member]
Restructuring Reserve [Roll Forward]
Beginning restructuring liability			117
Restructuring expense			10
Restructuring utilized/paid			21
Ending restructuring liability	106		106
Other Restructuring [Member]
Restructuring Reserve [Roll Forward]
Beginning restructuring liability			5
Restructuring expense			19
Restructuring utilized/paid			21
Ending restructuring liability	3		3
Measurement & Analytical Instrumentation [Member]
Restructuring Reserve [Roll Forward]
Restructuring expense	2	4	1	5
Final Control
Restructuring Reserve [Roll Forward]
Restructuring expense	0	3	1	4
Discrete Automation
Restructuring Reserve [Roll Forward]
Restructuring expense	7	1	8	3
Safety & Productivity [Member]
Restructuring Reserve [Roll Forward]
Restructuring expense	2	1	2	1
Intelligent Devices
Restructuring Reserve [Roll Forward]
Restructuring expense	11	9	12	13
AspenTech
Restructuring Reserve [Roll Forward]
Restructuring expense	5	0	0	0
Control Systems & Software
Restructuring Reserve [Roll Forward]
Restructuring expense	0	0	6	1
Software and Control
Restructuring Reserve [Roll Forward]
Restructuring expense	5	0	6	1
Corporate [Member]
Restructuring Reserve [Roll Forward]
Restructuring expense	$ 3	$ 0	$ 11	$ 1
Forecast [Member]
Restructuring Reserve [Roll Forward]
Expected fiscal year restructuring expense					$ 90

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended		15 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Dec. 31, 2020
Income Tax [Line Items]
Income taxes	$ 134	$ 80	$ 232	$ 276
Effective income tax rate	21%	16%	22%	19%
Payroll tax deferral from CARES Act through December 2020					$ 73
Payroll Taxes Paid			$ 37	$ 37
Favorable net discrete items, percentage impact	6%		3%

Other Financial Information (In

Other Financial Information (Inventories) (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Inventory Disclosure [Abstract]
Finished products	$ 473	$ 417
Raw materials and work in process	1,561	1,325
Total	$ 2,034	$ 1,742

Other Financial Information (PP

Other Financial Information (PPE) (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Property, Plant and Equipment [Abstract]
Property, plant and equipment, at cost	$ 5,445	$ 5,390
Less: Accumulated depreciation	3,182	3,151
Total	$ 2,263	$ 2,239

Other Financial Information (Go

Other Financial Information (Goodwill) (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Goodwill [Line Items]
Goodwill	$ 14,097	$ 13,946
Measurement & Analytical Instrumentation [Member]
Goodwill [Line Items]
Goodwill	1,190	1,112
Final Control
Goodwill [Line Items]
Goodwill	2,676	2,605
Discrete Automation
Goodwill [Line Items]
Goodwill	843	807
Safety & Productivity [Member]
Goodwill [Line Items]
Goodwill	391	364
Intelligent Devices
Goodwill [Line Items]
Goodwill	5,100	4,888
AspenTech
Goodwill [Line Items]
Goodwill	8,327	8,326
Control Systems & Software
Goodwill [Line Items]
Goodwill	670	732
Software and Control
Goodwill [Line Items]
Goodwill	$ 8,997	$ 9,058

Other Financial Information (_2

Other Financial Information (Intangibles) (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 9,800	$ 9,671
Less: Accumulated amortization	3,501	3,099
Net carrying amount	6,299	6,572
Customer Relationships [Member]
Finite-Lived Intangible Assets [Line Items]
Net carrying amount	3,329	3,436
Intellectual Property
Finite-Lived Intangible Assets [Line Items]
Net carrying amount	$ 2,770	$ 2,934

Other Financial Data (Component

Other Financial Data (Components of Depreciation and Amortization) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Depreciation expense	$ 72	$ 79	$ 146	$ 163
Amortization of intangibles (includes $XX, $14, $XX and $28 reported in Cost of Sales, respectively)	168	71	335	142
Amortization of capitalized software	23	21	42	44
Depreciation and amortization	263	171	523	349
Amortization of intangibles in Cost of Sales	49	$ 14	98	$ 28
AspenTech
Amortization of intangible assets	$ 99		$ 198

Other Financial Information (Ot

Other Financial Information (Other Assets) (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Deferred Costs, Capitalized, Prepaid, and Other Assets Disclosure [Abstract]
Pension assets	$ 933	$ 865
Unbilled receivables (contract assets)	471	428
Operating lease right-of-use assets	436	439
Deferred income taxes	83	85
Asbestos-related insurance receivables	$ 67	$ 68

Other Financial Information (Ac

Other Financial Information (Accrued Expenses) (Details) - USD ($) $ in Millions	6 Months Ended
	Mar. 31, 2023	Sep. 30, 2022
Accrued Liabilities and Other Liabilities [Abstract]
Customer advances (contract liabilities)	$ 940	$ 751
Employee compensation	445	523
Accrued Income Taxes, Current	$ 390	125
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses
Operating lease liabilities (current)	$ 132	128
Product warranty	91	$ 84
InSinkErator [Member]
Discontinued Operation, Tax Effect of Discontinued Operation	660
Taxes Payable, Current	330
Climate Technologies (excluding Therm-O-Disc)
Discontinued Operation, Tax Effect of Discontinued Operation	$ 245

Other Financial Information (_3

Other Financial Information (Other Liabilities) (Details) - USD ($) $ in Millions	Mar. 31, 2023	Sep. 30, 2022
Other Liabilities [Abstract]
Deferred income taxes	$ 1,585	$ 1,714
Pension and postretirement liabilities	440	427
Operating lease liabilities (noncurrent)	305	312
Asbestos litigation	$ 194	$ 205

Financial Instruments (Schedule

Financial Instruments (Schedule Of Derivative Instruments) (Details) $ / shares in Units, € in Millions, lb in Millions, $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023 USD ($) lb	Mar. 31, 2022 USD ($)	Mar. 31, 2023 USD ($) lb	Mar. 31, 2022 USD ($)	Apr. 12, 2023 $ / shares	Sep. 30, 2019 EUR (€)
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified to earnings	$ (15)	$ 23	$ (11)	$ 77
Other Comprehensive Income (Loss), Total	10	57	(101)	117
Net sales	3,756	3,291	7,129	6,447
National Instruments | Forecast [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Business Acquisition, Share Price | $ / shares					$ 60
National Instruments
Derivative Instruments, Gain (Loss) [Line Items]
Investments	117		117
Debt and Equity Securities, Unrealized Gain (Loss)	35
Commodity Contract [Member] | Cash Flow Hedging [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified to earnings	(2)	6	(10)	13
Commodity Contract [Member] | Cash Flow Hedging [Member] | Cost of Sales [Member] | Other Comprehensive Income (Loss) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) to other comprehensive income	8	10	19	23
Foreign Exchange Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of foreign currency hedge positions	5,000		5,000
Foreign Exchange Contract [Member] | Other deductions, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified to earnings	(22)	8	(17)	52
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member] | Cost of Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified to earnings	10	9	18	11
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member] | Cost of Sales [Member] | Other Comprehensive Income (Loss) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) to other comprehensive income	17	14	14	17
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member] | Sales [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) reclassified to earnings	(1)	0	(2)	1
Foreign Exchange Contract [Member] | Cash Flow Hedging [Member] | Sales [Member] | Other Comprehensive Income (Loss) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (Loss) to other comprehensive income	(1)	(2)	3	(2)
Foreign Exchange Contract [Member] | Net Investment Hedging [Member] | Other Comprehensive Income (Loss) [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Gain (loss) to other comprehensive income	(14)	$ 35	(137)	$ 79
All Commodity Hedges [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Amount of commodities hedged	$ 136		$ 136
Copper and Aluminum [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Weight in pounds of copper and aluminum commodity hedges | lb	40		40
Senior Notes [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Debt, face amount | €						€ 1,500

Financial Instruments (Fair Val

Financial Instruments (Fair Value Measurements) (Details) $ in Millions	Mar. 31, 2023 USD ($)
Derivatives, Fair Value [Line Items]
Fair value of long-term debt compared with carrying value	$ 943
Collateral posted to counterparties	0
Collateral held from counterparties	0
Fair Value, Inputs, Level 2 [Member]
Derivatives, Fair Value [Line Items]
Fair value of long-term debt	$ 7,200

Accumulated Other Comprehensi_3

Accumulated Other Comprehensive Income (Loss) (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022	Sep. 30, 2022
Accumulated other comprehensive income [Roll Forward]
Beginning balance			$ 16,316
Other Comprehensive Income (Loss) Net of Tax, Period Change [Abstract]
Ending balance	$ 17,347	$ 10,614	17,347	$ 10,614
Accumulated other comprehensive income (loss)	(1,148)	(957)	(1,148)	(957)	$ (1,485)
Foreign currency translation, tax	4	(8)	32	(18)
Amortization of deferred actuarial losses, tax	3	(5)	7	(10)
Gains (losses) deferred during the period, tax	(6)	(5)	(9)	(9)
Reclassification of (gains) losses to sales and cost of sales, tax	2	4	2	6
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income [Roll Forward]
Beginning balance	(1,255)	(922)	(1,485)	(872)
Other Comprehensive Income (Loss) Net of Tax, Period Change [Abstract]
Ending balance	(1,148)	(957)	(1,148)	(957)
Foreign currency translation [Member]
Accumulated other comprehensive income [Roll Forward]
Beginning balance	(1,029)	(701)	(1,265)	(629)
Other Comprehensive Income (Loss) Net of Tax, Period Change [Abstract]
Other comprehensive income (loss), foreign currency translation, net of tax of $XX, $(8), $XX and $(18), respectively	111	(59)	347	(131)
Ending balance	(918)	(760)	(918)	(760)
Pension and post retirement [Member]
Accumulated other comprehensive income [Roll Forward]
Beginning balance	(238)	(241)	(222)	(259)
Other Comprehensive Income (Loss) Net of Tax, Period Change [Abstract]
Amortization of deferred actuarial losses into earnings, net of tax of $X, $(5), $X and $(10), respectively	(17)	18	(33)	36
Ending balance	(255)	(223)	(255)	(223)
Cash Flow Hedges [Member]
Accumulated other comprehensive income [Roll Forward]
Beginning balance	12	20	2	16
Other Comprehensive Income (Loss) Net of Tax, Period Change [Abstract]
Deferral of gains (losses) arising during the period, net of tax of $(X), $5, $(X) and $(9), respectively	18	17	27	29
Reclassification of realized gains (losses) to sales and cost of sales, net of tax of $X, $4, $X and $6, respectively	(5)	(11)	(4)	(19)
Ending balance	$ 25	$ 26	$ 25	$ 26

Accumulated Other Comprehensi_4

Accumulated Other Comprehensive Income (Loss) (Details 2) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Accumulated Other Comprehensive Income (Loss) [Line Items]
Foreign currency translation, tax	$ 4	$ (8)	$ 32	$ (18)
Amortization of deferred actuarial losses, tax	3	(5)	7	(10)
Gains (losses) deferred during the period, tax	(6)	(5)	(9)	(9)
Reclassification of (gains) losses to sales and cost of sales, tax	$ 2	$ 4	$ 2	$ 6

Business Segments (Details)

Business Segments (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Net sales	$ 3,756	$ 3,291	$ 7,129	$ 6,447
Earnings	639	509	1,061	1,451
Gain from periodic distribution from retained subordinated interest in Vertiv (VRT)	0	0	0	453
Interest expense	(53)	(51)	(101)	(90)
Operating Segments [Member] | Measurement & Analytical Instrumentation [Member]
Segment Reporting Information [Line Items]
Net sales	888	769	1,637	1,506
Earnings	229	176	404	346
Operating Segments [Member] | Final Control
Segment Reporting Information [Line Items]
Net sales	992	884	1,854	1,701
Earnings	215	152	373	274
Operating Segments [Member] | Discrete Automation
Segment Reporting Information [Line Items]
Net sales	683	644	1,301	1,261
Earnings	133	130	254	250
Operating Segments [Member] | Safety & Productivity [Member]
Segment Reporting Information [Line Items]
Net sales	361	355	671	706
Earnings	83	65	146	130
Operating Segments [Member] | Intelligent Devices
Segment Reporting Information [Line Items]
Net sales	2,924	2,652	5,463	5,174
Earnings	660	523	1,177	1,000
Operating Segments [Member] | AspenTech
Segment Reporting Information [Line Items]
Net sales	230	84	473	166
Earnings	(54)	(4)	(87)	(6)
Operating Segments [Member] | Control Systems & Software
Segment Reporting Information [Line Items]
Net sales	623	573	1,229	1,143
Earnings	127	101	234	217
Operating Segments [Member] | Software and Control
Segment Reporting Information [Line Items]
Net sales	853	657	1,702	1,309
Earnings	73	97	147	211
Segment Reconciling Items [Member]
Segment Reporting Information [Line Items]
Stock compensation	(40)	(43)	(142)	(77)
Unallocated pension and postretirement costs	46	25	91	51
Gain from periodic distribution from retained subordinated interest in Vertiv (VRT)	0	0	0	453
Corporate and other [Member]
Segment Reporting Information [Line Items]
Earnings	(47)	(42)	(111)	(97)
Intersegment Eliminations [Member]
Segment Reporting Information [Line Items]
Net sales	(21)	(18)	(36)	(36)
Interest expense	$ (53)	$ (51)	$ (101)	$ (90)

Business Segment Information -

Business Segment Information - Depreciation & Amortization (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 263	$ 171	$ 523	$ 349
Corporate, non-segment [Member] | Corporate and Other [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	6	9	12	17
Operating Segments [Member] | Final Control
Segment Reporting Information [Line Items]
Depreciation and amortization	45	50	90	103
Operating Segments [Member] | Measurement & Analytical Instrumentation [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	28	30	58	61
Operating Segments [Member] | Discrete Automation
Segment Reporting Information [Line Items]
Depreciation and amortization	22	22	43	45
Operating Segments [Member] | Safety & Productivity [Member]
Segment Reporting Information [Line Items]
Depreciation and amortization	15	14	29	29
Operating Segments [Member] | Intelligent Devices
Segment Reporting Information [Line Items]
Depreciation and amortization	110	116	220	238
Operating Segments [Member] | AspenTech
Segment Reporting Information [Line Items]
Depreciation and amortization	123	24	246	47
Operating Segments [Member] | Control Systems & Software
Segment Reporting Information [Line Items]
Depreciation and amortization	24	22	45	47
Operating Segments [Member] | Software and Control
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 147	$ 46	$ 291	$ 94

Business Segments Geographic In

Business Segments Geographic Information (Details) - USD ($) $ in Millions	3 Months Ended		6 Months Ended
	Mar. 31, 2023	Mar. 31, 2022	Mar. 31, 2023	Mar. 31, 2022
Disaggregation of Revenue [Line Items]
Net sales	$ 3,756	$ 3,291	$ 7,129	$ 6,447
Reportable Geographical Components [Member]
Disaggregation of Revenue [Line Items]
Net sales	3,777	3,309	7,165	6,483
Reportable Geographical Components [Member] | Americas
Disaggregation of Revenue [Line Items]
Net sales	1,960	1,659	3,735	3,188
Reportable Geographical Components [Member] | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	1,113	1,014	2,107	2,034
Reportable Geographical Components [Member] | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	704	636	1,323	1,261
Reportable Geographical Components [Member] | Final Control
Disaggregation of Revenue [Line Items]
Net sales	992	884	1,854	1,701
Reportable Geographical Components [Member] | Final Control | Americas
Disaggregation of Revenue [Line Items]
Net sales	494	412	940	764
Reportable Geographical Components [Member] | Final Control | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	362	337	670	673
Reportable Geographical Components [Member] | Final Control | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	136	135	244	264
Reportable Geographical Components [Member] | Measurement & Analytical Instrumentation [Member]
Disaggregation of Revenue [Line Items]
Net sales	888	769	1,637	1,506
Reportable Geographical Components [Member] | Measurement & Analytical Instrumentation [Member] | Americas
Disaggregation of Revenue [Line Items]
Net sales	455	361	851	672
Reportable Geographical Components [Member] | Measurement & Analytical Instrumentation [Member] | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	304	295	550	591
Reportable Geographical Components [Member] | Measurement & Analytical Instrumentation [Member] | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	129	113	236	243
Reportable Geographical Components [Member] | Discrete Automation
Disaggregation of Revenue [Line Items]
Net sales	683	644	1,301	1,261
Reportable Geographical Components [Member] | Discrete Automation | Americas
Disaggregation of Revenue [Line Items]
Net sales	311	296	602	570
Reportable Geographical Components [Member] | Discrete Automation | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	184	171	359	354
Reportable Geographical Components [Member] | Discrete Automation | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	188	177	340	337
Reportable Geographical Components [Member] | Safety & Productivity [Member]
Disaggregation of Revenue [Line Items]
Net sales	361	355	671	706
Reportable Geographical Components [Member] | Safety & Productivity [Member] | Americas
Disaggregation of Revenue [Line Items]
Net sales	272	260	508	530
Reportable Geographical Components [Member] | Safety & Productivity [Member] | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	16	17	33	33
Reportable Geographical Components [Member] | Safety & Productivity [Member] | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	73	78	130	143
Reportable Geographical Components [Member] | Intelligent Devices
Disaggregation of Revenue [Line Items]
Net sales	2,924	2,652	5,463	5,174
Reportable Geographical Components [Member] | Intelligent Devices | Americas
Disaggregation of Revenue [Line Items]
Net sales	1,532	1,329	2,901	2,536
Reportable Geographical Components [Member] | Intelligent Devices | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	866	820	1,612	1,651
Reportable Geographical Components [Member] | Intelligent Devices | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	526	503	950	987
Reportable Geographical Components [Member] | Control Systems & Software
Disaggregation of Revenue [Line Items]
Net sales	623	573	1,229	1,143
Reportable Geographical Components [Member] | Control Systems & Software | Americas
Disaggregation of Revenue [Line Items]
Net sales	314	282	608	550
Reportable Geographical Components [Member] | Control Systems & Software | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	186	175	371	348
Reportable Geographical Components [Member] | Control Systems & Software | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	123	116	250	245
Reportable Geographical Components [Member] | AspenTech
Disaggregation of Revenue [Line Items]
Net sales	230	84	473	166
Reportable Geographical Components [Member] | AspenTech | Americas
Disaggregation of Revenue [Line Items]
Net sales	114	48	226	102
Reportable Geographical Components [Member] | AspenTech | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	61	19	124	35
Reportable Geographical Components [Member] | AspenTech | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	55	17	123	29
Reportable Geographical Components [Member] | Software and Control
Disaggregation of Revenue [Line Items]
Net sales	853	657	1,702	1,309
Reportable Geographical Components [Member] | Software and Control | Americas
Disaggregation of Revenue [Line Items]
Net sales	428	330	834	652
Reportable Geographical Components [Member] | Software and Control | Asia, Middle East & Africa
Disaggregation of Revenue [Line Items]
Net sales	247	194	495	383
Reportable Geographical Components [Member] | Software and Control | Europe [Member]
Disaggregation of Revenue [Line Items]
Net sales	$ 178	$ 133	$ 373	$ 274