Emerson Electric (EMR) 10-Q 7 Aug 24 2024 Q3 Quarterly report Financial data

Cover

Cover shares in Millions	9 Months Ended
	Jun. 30, 2024 shares
Entity Information [Line Items]
Document Type	10-Q
Document Quarterly Report	true
Document Period End Date	Jun. 30, 2024
Document Transition Report	false
Entity File Number	1-278
Entity Registrant Name	EMERSON ELECTRIC CO.
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	572.7
Entity Central Index Key	0000032604
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2024
Document Fiscal Period Focus	Q3
Amendment Flag	false
New York Stock Exchange | Common Stock of $0.50 par value per share
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 | 1.250% Notes due 2025
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 | 2.000% Notes due 2029
Entity Information [Line Items]
Title of 12(b) Security	2.000% Notes due 2029
Trading Symbol	EMR 29
Security Exchange Name	NYSE
NYSE Chicago | Common Stock of $0.50 par value per share
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		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Net sales	$ 4,380	$ 3,946	$ 12,873	$ 11,075
Cost of sales	2,066	1,952	6,359	5,660
Selling, general and administrative expenses	1,254	1,042	3,827	3,072
Gain on subordinated interest	0	0	(79)	0
Loss on Copeland note receivable	279	0	279	0
Other deductions, net	294	130	1,075	359
Interest expense (net of interest income of $58, $32, $96 and $105, respectively)	56	10	157	111
Earnings from continuing operations before income taxes	455	822	1,341	1,883
Income taxes	88	168	266	400
Earnings from continuing operations	367	654	1,075	1,483
Discontinued operations, net of tax of $2,004, $5, $3,009 and $27, respectively	(15)	8,712	(88)	10,979
Net earnings	352	9,366	987	12,462
Less: Noncontrolling interests in subsidiaries	23	14	15	(13)
Net earnings common stockholders	329	9,352	972	12,475
Earnings common stockholders:
Earnings from continuing operations	344	643	1,060	1,502
Discontinued operations	$ (15)	$ 8,709	$ (88)	$ 10,973
Basic earnings per share common stockholders:
Earnings from continuing operations (in dollars per share)	$ 0.60	$ 1.12	$ 1.85	$ 2.61
Discontinued operations (in dollars per share)	(0.02)	15.24	(0.15)	19.06
Basic earnings per common share (in dollars per share)	0.58	16.36	1.70	21.67
Diluted earnings per share common stockholders:
Earnings from continuing operations (in dollars per share)	0.60	1.12	1.84	2.60
Discontinued operations (in dollars per share)	(0.03)	15.16	(0.15)	18.96
Diluted earnings per common share (in dollars per share)	$ 0.57	$ 16.28	$ 1.69	$ 21.56
Weighted average outstanding shares:
Basic (in shares)	571.9	570.9	571.4	575.1
Diluted (in shares)	574.8	574	574.1	578.1
Related Party
Interest income from related party	$ (24)	$ (10)	$ (86)	$ (10)

Consolidated Statements Of Ea_2

Consolidated Statements Of Earnings (Parenthetical) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Statement [Abstract]
Interest income	$ 32	$ 58	$ 105	$ 96
Discontinued operation taxes	$ 5	$ 2,004	$ 27	$ 3,009

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Comprehensive Income [Abstract]
Net earnings	$ 352	$ 9,366	$ 987	$ 12,462
Other comprehensive income (loss), net of tax:
Foreign currency translation	(124)	86	56	437
Pension and postretirement	(12)	10	(36)	(23)
Cash flow hedges	(6)	(19)	(4)	4
Total other comprehensive income (loss)	(142)	77	16	418
Comprehensive income	210	9,443	1,003	12,880
Less: Noncontrolling interests in subsidiaries	21	15	15	(8)
Comprehensive income common stockholders	$ 189	$ 9,428	$ 988	$ 12,888

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Current assets
Cash and equivalents	$ 2,298	$ 8,051
Receivables, less allowances of $100 and $115, respectively	2,761	2,518
Inventories	2,303	2,006
Other current assets	1,458	1,244
Total current assets	8,820	13,819
Property, plant and equipment, net	2,688	2,363
Other assets
Goodwill	17,936	14,480
Other intangible assets	10,627	6,263
Copeland note receivable and equity investment held-for-sale	2,908	3,255
Other	2,606	2,566
Total other assets	34,077	26,564
Total assets	45,585	42,746
Current liabilities
Short-term borrowings and current maturities of long-term debt	2,991	547
Accounts payable	1,251	1,275
Accrued expenses	3,350	3,210
Total current liabilities	7,592	5,032
Long-term debt	7,111	7,610
Other liabilities	4,194	3,506
Equity
Common stock, $0.50 par value; authorized, 1,200.0 shares; issued, 953.4 shares; outstanding, 572.0 shares and 572.7 shares, respectively	477	477
Additional paid-in-capital	140	62
Retained earnings	40,135	40,070
Accumulated other comprehensive income (loss)	(1,237)	(1,253)
Cost of common stock in treasury, 381.4 shares and 380.7 shares, respectively	(18,716)	(18,667)
Common stockholders’ equity	20,799	20,689
Noncontrolling interests in subsidiaries	5,889	5,909
Total equity	26,688	26,598
Total liabilities and equity	$ 45,585	$ 42,746

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - USD ($) shares in Millions, $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Statement of Financial Position [Abstract]
Allowance for doubtful accounts receivable	$ 115	$ 100
Common stock, par value (in dollars per share)	$ 0.50	$ 0.50
Common stock, shares authorized (in shares)	1,200	1,200
Common stock, shares issued (in shares)	953.4	953.4
Common stock, shares outstanding (in shares)	572.7	572
Treasury stock, shares (in shares)	380.7	381.4

Consolidated Statements of Equi

Consolidated Statements of Equity - USD ($) $ in Millions	Total	Common stockholders' equity	Common stock	Additional paid-in-capital	Additional paid-in-capital AspenTech	Retained earnings	Accumulated other comprehensive income (loss)	Treasury stock	Noncontrolling interests in subsidiaries	Noncontrolling interests in subsidiaries AspenTech
Stockholders' equity, beginning balance at Sep. 30, 2022			$ 477	$ 57		$ 28,053	$ (1,485)	$ (16,738)	$ 5,952
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock plans				111
AspenTech purchases of common stock					$ (56)
Purchases								(2,000)		$ (44)
Net earnings common stockholders	$ 12,475					12,475
Dividends paid (per share: $0.52, $0.525, $1.56 and $1.575, respectively)						(904)			(1)
Foreign currency translation	437						432
Pension and postretirement	(23)						(23)
Cash flow hedges	4						4
Issued under stock plans								61
Net earnings (loss)									(13)
Stock plans									79
Climate Technologies divestiture									(29)
Other comprehensive income	418								5
Stockholders' equity, ending balance at Jun. 30, 2023	26,413	$ 20,464	477	112		39,624	(1,072)	(18,677)	5,949
Stockholders' equity, beginning balance at Mar. 31, 2023			477	138		30,571	(1,148)	(18,678)	5,987
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock plans				30
AspenTech purchases of common stock					(56)
Purchases								0		(44)
Net earnings common stockholders	9,352					9,352
Dividends paid (per share: $0.52, $0.525, $1.56 and $1.575, respectively)						(299)			(1)
Foreign currency translation	86						85
Pension and postretirement	10						10
Cash flow hedges	(19)						(19)
Issued under stock plans								1
Net earnings (loss)									14
Stock plans									21
Climate Technologies divestiture									(29)
Other comprehensive income	77								1
Stockholders' equity, ending balance at Jun. 30, 2023	26,413	20,464	477	112		39,624	(1,072)	(18,677)	5,949
Stockholders' equity, beginning balance at Sep. 30, 2023	26,598		477	62		40,070	(1,253)	(18,667)	5,909
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock plans				186
AspenTech purchases of common stock					(108)
Purchases								(175)		(80)
Net earnings common stockholders	972					972
Dividends paid (per share: $0.52, $0.525, $1.56 and $1.575, respectively)						(907)			(3)
Foreign currency translation	56						56
Pension and postretirement	(36)						(36)
Cash flow hedges	(4)						(4)
Issued under stock plans								126
Net earnings (loss)									15
Stock plans									48
Climate Technologies divestiture									0
Other comprehensive income	16								0
Stockholders' equity, ending balance at Jun. 30, 2024	26,688	20,799	477	140		40,135	(1,237)	(18,716)	5,889
Stockholders' equity, beginning balance at Mar. 31, 2024			477	158		40,108	(1,097)	(18,746)	5,881
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Stock plans				16
AspenTech purchases of common stock					$ (34)
Purchases								0		$ (25)
Net earnings common stockholders	329					329
Dividends paid (per share: $0.52, $0.525, $1.56 and $1.575, respectively)						(302)			(3)
Foreign currency translation	(124)						(122)
Pension and postretirement	(12)						(12)
Cash flow hedges	(6)						(6)
Issued under stock plans								30
Net earnings (loss)									23
Stock plans									15
Climate Technologies divestiture									0
Other comprehensive income	(142)								(2)
Stockholders' equity, ending balance at Jun. 30, 2024	$ 26,688	$ 20,799	$ 477	$ 140		$ 40,135	$ (1,237)	$ (18,716)	$ 5,889

Consolidated Statements of Eq_2

Consolidated Statements of Equity (Parenthetical) - $ / shares	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Statement of Stockholders' Equity [Abstract]
Dividends paid (in dollars per share)	$ 0.525	$ 0.52	$ 1.56	$ 1.575

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Operating activities
Net earnings	$ 987	$ 12,462
Earnings from discontinued operations, net of tax	88	(10,979)
Adjustments to reconcile net earnings to net cash provided by operating activities:
Depreciation and amortization	1,263	780
Stock compensation	203	198
Amortization of acquisition-related inventory step-up	231	0
Gain on subordinated interest	(79)	0
Changes in operating working capital	(176)	(359)
Loss on Copeland note receivable	279	0
Other, net	(552)	(383)
Cash from continuing operations	2,244	1,719
Cash from discontinued operations	4	(439)
Cash provided by operating activities	2,248	1,280
Investing activities
Capital expenditures	(251)	(194)
Purchases of businesses, net of cash and equivalents acquired	(8,342)	0
Proceeds from subordinated interest	79	15
Proceeds from related party note receivable	0	918
Other, net	(86)	(124)
Cash from continuing operations	(8,600)	615
Cash from discontinued operations	36	12,485
Cash provided by (used in) investing activities	(8,564)	13,100
Financing activities
Net increase (decrease) in short-term borrowings	2,229	(1,476)
Proceeds from short-term borrowings greater than three months	322	395
Payments of short-term borrowings greater than three months	(100)	(400)
Payments of long-term debt	(547)	(744)
Dividends paid	(901)	(900)
Purchases of common stock	(175)	(2,000)
AspenTech purchases of common stock	(188)	(100)
Payment of related party note payable	0	(918)
Other, net	(57)	(159)
Cash provided by (used in) financing activities	583	(6,302)
Effect of exchange rate changes on cash and equivalents	(20)	75
Increase (decrease) in cash and equivalents	(5,753)	8,153
Beginning cash and equivalents	8,051	1,804
Ending cash and equivalents	2,298	9,957
Changes in operating working capital
Receivables	44	(114)
Inventories	(34)	(259)
Other current assets	(130)	27
Accounts payable	(61)	(71)
Accrued expenses	5	58
Changes in operating working capital	$ (176)	$ (359)

BASIS OF PRESENTATION

BASIS OF PRESENTATION	9 Months Ended
	Jun. 30, 2024
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, 2023. Certain prior year amounts have been reclassified to conform to the current year presentation. On June 6, 2024, the Company entered into definitive agreements to sell its 40 percent non-controlling common equity interest in Copeland to private equity funds managed by Blackstone for $1.5 billion and its note receivable to Copeland for $1.9 billion. As a result of the definitive agreements, the equity interest and note receivable are reported as held-for-sale, and the equity method losses related to the Company's non-controlling common equity interest in Copeland, which were reported since May 2023 in Other deductions, net, have been reclassified and are now reported as discontinued operations for all periods presented (see Notes 5 and 10).

REVENUE RECOGNITION

REVENUE RECOGNITION	9 Months Ended
	Jun. 30, 2024
Revenue from Contract with Customer [Abstract]
REVENUE RECOGNITION	REVENUE RECOGNITION Emerson is a global manufacturer that designs and manufactures products and delivers services that bring technology and engineering together to provide innovative solutions for its customers. The majority of the Company's revenues relate to a broad offering of manufactured products and software 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 14 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, 2023 June 30, 2024 Unbilled receivables (contract assets) $ 1,453 1,541 Customer advances (contract liabilities) (897) (1,158) Net contract assets (liabilities) $ 556 383 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 license arrangements where the license revenue is recognized upfront upon delivery. The decrease in net contract assets was primarily due to the acquisition of National Instruments, which increased contract liabilities by approximately $160, while customer billings slightly exceeded revenue recognized for performance completed during the period. Revenue recognized for the three and nine months ended June 30, 2024 included $83 and $605, 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 nine months ended June 30, 2024 for performance obligations that were satisfied in previous periods, including cumulative catchup adjustments on the Company's long- term contracts, was immaterial. As of June 30, 2024, the Company's backlog relating to unsatisfied (or partially unsatisfied) performance obligations in contracts with its customers was approximately $8.7 billion (of which approximately $1.3 billion was attributable to AspenTech and approximately $450 was attributable to National Instruments) . The Company expects to recognize appro ximately 75 percent of its

COMMON SHARES

COMMON SHARES	9 Months Ended
	Jun. 30, 2024
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
COMMON SHARES	COMMON SHARES Reconciliations of weighted-average shares for basic and diluted earnings per common share follow. Earnings allocated to participating securities were inconsequential. Three Months Ended Nine Months Ended 2023 2024 2023 2024 Basic shares outstanding 570.9 571.9 575.1 571.4 Dilutive shares 3.1 2.9 3.0 2.7 Diluted shares outstanding 574.0 574.8 578.1 574.1

ACQUISITIONS AND DIVESTITURES

ACQUISITIONS AND DIVESTITURES	9 Months Ended
	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
ACQUISITIONS AND DIVESTITURES	ACQUISITIONS AND DIVESTITURES National Instruments On October 11, 2023, the Company completed the acquisition of National Instruments Corporation (“NI”). 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 approximately $1.7 billion and pretax earnings of approximately $170 for the 12 months ended September 30, 2023. NI is now referred to as Test & Measurement and reported as a new segment in the Software and Control business group, see Note 14. The following table summarizes the components of the purchase consideration reflected in the acquisition accounting for NI. Cash paid to acquire remaining NI shares not already owned by Emerson $ 7,833 Payoff of NI debt at closing 634 Total consideration paid in cash at closing 8,467 Fair value of NI shares already owned by Emerson prior to acquisition 137 Value of stock-based compensation awards attributable to pre-combination service 49 Total purchase consideration $ 8,653 The total purchase consideration for NI was allocated to assets and liabilities as follows. Valuations of acquired assets and liabilities are in-process and subject to refinement. Cash and equivalents $ 135 Receivables 310 Inventory 496 Other current assets 140 Property, plant and equipment 329 Goodwill ($121 expected to be tax-deductible) 3,434 Other intangible assets 5,275 Other assets 113 Total assets 10,232 Accounts payable 52 Accrued expenses 328 Deferred taxes and other liabilities 1,199 Total purchase consideration $ 8,653 The estimated intangible assets attributable to the transaction are comprised of the following (in millions) : Amount Estimated Weighted Average Life (Years) Developed technology $ 1,570 9 Customer relationships 3,360 15 Trade names 210 9 Backlog 135 1 Total $ 5,275 Results of operations for the three and nine months ended June 30, 2024 attributable to the NI acquisition include sales of $355 and $1,104, respectively, and a net loss of $86 and $492, respectively. The net loss included the impact of inventory step-up amortization recorded in the first quarter, intangibles amortization, retention bonuses, stock compensation expense and restructuring. Pro Forma Financial Information The following unaudited proforma consolidated condensed financial results of operations are presented as if the acquisition of NI occurred on October 1, 2022. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the acquisition occurred as of that time ($ in millions, except per share amounts). Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Net Sales $ 4,363 4,380 12,377 12,892 Net earnings from continuing operations common stockholders $ 581 374 887 1,396 Diluted earnings per share from continuing operations $ 1.00 0.65 1.53 2.43 Pro forma Net sales for the three and nine months ended June 30, 2023 include $417 and $1,302 , respectively, attributable to NI. The pro forma results for the three months ended June 30, 2023 include ongoing intangibles amortization of $105 and backlog amortization of $34, and exclude the mark-to-market gain of $12 recognized in the prior year on the Company's equity investment in National Instruments Corporation (see Note 7). The pro forma results for the nine months ended June 30, 2023 include transaction costs of $198 which were assumed to be incurred in the first quarter of fiscal 2023. These transaction costs include $88 incurred by NI prior to the completion of the transaction and $110 incurred by Emerson in periods subsequent to the first quarter of fiscal 2023. The pro forma results for the nine months ended June 30, 2023 also include $317 of ongoing intangibles amortization, backlog amortization of $102, inventory step-up amortization of $213, and retention bonuses of $51, and exclude the mark-to-market gain of $47 recognized in the prior year on the equity investment in National Instruments Corporation. Other Transactions In the second quarter of fiscal 2024, the Company received its final distribution of $79 related to its subordinated interest in Vertiv. In addition, the Company divested a small business in the Final Control segment and recognized a non-cash loss of $39 . In the fourth quarter of fiscal 2023, the Company acquired two businesses, Flexim, which is reported in the Measurement & Analytical segment, and Afag, which is reported in the Discrete Automation segment, for $715, net of cash acquired. The Company recognized goodwill of $424 (none of which is expected to be tax deductible) and other identifiable intangible assets of $323, primarily customer relationships and intellectual property with a weighted-average useful life of approximately 9 years. 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

DISCONTINUED OPERATIONS

DISCONTINUED OPERATIONS	9 Months Ended
	Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
DISCONTINUED OPERATIONS	DISCONTINUED OPERATIONS On May 31, 2023, the Company completed the sale of 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 received upfront, pretax cash proceeds of approximately $9.7 billion and a note receivable with a face value of $2.25 billion (which accrues 5 percent interest payable in kind by capitalizing interest), while retaining a 40 percent non-controlling common equity 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 Company recognized a pretax gain of approximately $10.6 billion in the third quarter of fiscal 2023 (approximately $8.4 billion after-tax including tax expense recognized prior to the completion of the transaction related to subsidiary restructurings). The new standalone business is named Copeland. On June 6, 2024, the Company entered into a definitive agreement to sell its 40 percent non-controlling common equity interest in Copeland to private equity funds managed by Blackstone for $1.5 billion, and the transaction is expected to close by the end of August 2024. The equity method losses related to the Company's non-controlling common equity interest in Copeland, which were reported since May 2023 in Other deductions, net, have been reclassified and are now reported as discontinued operations for all periods presented and are included within Climate Technologies in Other deductions, net in the tables below. See Note 10 for further details. 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 approximately $2.8 billion (approximately $2.1 billion after-tax) in the first quarter of fiscal 2023. For the three and nine months ended June 30, 2024, the results of discontinued operations primarily reflect the Company's equity method losses on its non-controlling common equity interest in Copeland, which were $16 ($9 after-tax) and $111 ($82 after-tax), respectively. For the three and nine months ended June 30, 2023, the financial results of Climate Technologies (including equity method losses on the equity interest in Copeland) and InSinkErator ("ISE") are reported as discontinued operations and were as follows: Three Months Ended June 30, 2023 Climate Technologies ISE Total Net sales $ 847 — 847 Cost of sales 516 — 516 SG&A 122 — 122 Gain on sale of business (10,576) — (10,576) Other deductions, net 69 — 69 Earnings before income taxes 10,716 — 10,716 Income taxes 2,004 — 2,004 Earnings, net of tax $ 8,712 — 8,712 Nine Months Ended June 30, 2023 Climate Technologies ISE Total Net sales $ 3,156 49 3,205 Cost of sales 2,000 29 2,029 SG&A 391 8 399 Gain on sale of business (10,576) (2,783) (13,359) Other deductions, net 136 12 148 Earnings before income taxes 11,205 2,783 13,988 Income taxes 2,356 653 3,009 Earnings, net of tax $ 8,849 2,130 10,979 Climate Technologies' results for the three and nine months ended June 30, 2023 included lower expense of $26 and $96, respectively, due to ceasing depreciation and amortization upon the held-for-sale classification. Other deductions, net for Climate Technologies included $57 of transaction-related costs for the nine months ended June 30, 2023. For the three and nine months ended June 30, 2023, the Company recorded a loss of $61 in Other deductions, net to reflect equity method losses on its non-controlling common equity interest in Copeland. Income taxes for the three and nine months ended June 30, 2023 included a tax benefit of $10 related to Copeland's U.S. business, which is taxed as a partnership. Income taxes for the nine months ended June 30, 2023 included approximately $2.2 billion for the gain on the Climate Technologies subsidiary restructurings and approximately $660 related to the gain on the InSinkErator divestiture. Net cash from operating and investing activities for Climate Technologies, InSinkErator and Therm-O-Disc for the nine months ended June 30, 2024 and 2023 were as follows: Climate Technologies ISE and TOD Total Nine Months Ended June 30, Nine Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 2023 2024 Cash from operating activities $ 156 4 (595) — (439) 4 Cash from investing activities $ 9,430 36 3,055 — 12,485 36 Cash from operating activities for the nine months ended June 30, 2023 reflects approximately $750 of income taxes paid related to the gain on the InSinkErator divestiture and the Climate Technologies subsidiary restructurings, transaction fees and unfavorable working capital. Cash from investing activities for the nine months ended June 30, 2023 reflects the proceeds of approximately $9.7 billion related to the Copeland transaction and approximately $3.0 billion related to the InSinkErator divestiture.

PENSION & POSTRETIREMENT PLANS

PENSION & POSTRETIREMENT PLANS	9 Months Ended
	Jun. 30, 2024
Retirement Benefits [Abstract]
PENSION & POSTRETIREMENT PLANS	PENSION & POSTRETIREMENT PLANS Total periodic pension and postretirement (income) expense is summarized below: Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Service cost $ 12 9 36 27 Interest cost 54 55 162 165 Expected return on plan assets (71) (74) (213) (222) Net amortization (18) (14) (58) (42) Total $ (23) (24) (73) (72)

OTHER DEDUCTIONS, NET

OTHER DEDUCTIONS, NET	9 Months Ended
	Jun. 30, 2024
Other Income and Expenses [Abstract]
OTHER DEDUCTIONS, NET	OTHER DEDUCTIONS, NET Other deductions, net are summarized below: Three Months Ended Nine Months Ended 2023 2024 2023 2024 Amortization of intangibles (intellectual property and customer relationships) $ 120 264 357 811 Restructuring costs 12 57 41 170 Acquisition/divestiture costs 38 7 48 92 Foreign currency transaction (gains) losses 22 9 41 60 Investment-related gains & gains from sales of capital assets (26) — (63) — Loss on divestiture of business — — — 39 Russia business exit — — 47 — Other (36) (43) (112) (97) Total $ 130 294 359 1,075 Intangibles amortization for the three and nine months ended June 30, 2024 included $139 and $419, respectively, related to the NI acquisition. Foreign currency transaction losses for the three and nine months ended June 30, 2023 included a mark-to-market gain of $3 and $24, respectively, related to foreign currency forward contracts that were terminated in June 202

RESTRUCTURING COSTS

RESTRUCTURING COSTS	9 Months Ended
	Jun. 30, 2024
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 2024 restructuring expense and related costs to be approximately $250, including costs to complete actions initiated in the first nine months of the year. Restructuring expense by business segment follows: Three Months Ended June 30, Nine Months Ended 2023 2024 2023 2024 Final Control $ (2) 5 (1) 1 Measurement & Analytical 1 3 2 7 Discrete Automation 12 16 20 33 Safety & Productivity (1) 1 1 2 Intelligent Devices 10 25 22 43 Control Systems & Software 1 3 7 7 Test & Measurement — 24 — 78 AspenTech — — — — Software and Control 1 27 7 85 Corporate 1 5 12 42 Total $ 12 57 41 170 Corporate restructuring of $5 and $42 for the three and nine months ended June 30, 2024, respectively, is comprised almost entirely of integration-related stock compensation expense attributable to NI. Details of the change in the liability for restructuring costs during the nine months ended June 30, 2024 follow: Sept 30, 2023 Expense Utilized/Paid June 30, 2024 Severance and benefits $ 85 142 129 98 Other 2 28 24 6 Total $ 87 170 153 104 The tables above do not include $1 and $3 of costs related to restructuring actions incurred for the three months ended June 30, 2023 and 2024, respectively, that are required to be reported in cost of sales and selling, general and administrative expenses; year-to-date amounts are $13 and $10, respectively .

TAXES

TAXES	9 Months Ended
	Jun. 30, 2024
Income Tax Disclosure [Abstract]
TAXES	TAXES Income taxes were $ 88 in the third quarter of fiscal 2024 and $168 in 2023, resulting in effective tax rates of 19 percent and 21 percent, respectively. The current year rate reflected a 3 percentage point benefit related to the filing of the prior year U.S. tax return, partially offset by other items. Income taxes were $266 in the first nine of months of fiscal 2024 and $400 in 2023 , resulting in effective tax rates of 20 percent and 21 percent, respectively. The current year rate i

EQUITY METHOD INVESTMENT AND NO

EQUITY METHOD INVESTMENT AND NOTE RECEIVABLE	9 Months Ended
	Jun. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
EQUITY METHOD INVESTMENT AND NOTE RECEIVABLE	EQUITY METHOD INVESTMENT AND NOTE RECEIVABLE As discussed in Note 5, the Company completed the divestiture of a majority stake in Copeland on May 31, 2023, and received upfront, pretax cash proceeds of approximately $9.7 billion and a note receivable with a face value of $2.25 billion, while retaining a 40 percent non-controlling common equity interest in Copeland. On June 6, 2024, the Company entered into definitive agreements to sell its 40 percent non-controlling common equity interest in Copeland to private equity funds managed by Blackstone for $1.5 billion and the note receivable to Copeland for $1.9 billion. The equity interest and note receivable, as well as $33 of future indemnity obligations included in Other liabilities (net of tax), are reported as held-for-sale as of June 30, 2024. Subsequent to the end of the quarter, the Company completed the sale of the note receivable on August 2, 2024 and received $1.9 billion of pretax cash proceeds. The sale of the equity interest is expected to close by the end of August 2024. The Company recognized non-cash interest income on the note receivable (through the date of the agreement) of $24 and $86 for the three and nine months ended June 30, 2024, respectively, which is reported in Interest income from related party within continuing operations and capitalized to the carrying value of the note. Upon entering into the note agreement, the Company recorded a pretax loss of $279 ($217 after-tax, $0.38 per share) to adjust the carrying value of the note to $1.9 billion to reflect the transaction price. The Company's share of Copeland's income or loss, which will continue to be recorded using the equity method of accounting until the transaction is completed, is now reported in discontinued operations for all periods presented (see Note 5). As of June 30, 2024, the carrying value of the retained equity investment was $1,008. Summarized financial information for Copeland for the three and nine months ended June 30, 2024 is as follows. Three Months Ended June 30, Nine Months Ended June 30, 2024 2024 Net sales $ 1,259 $ 3,458 Gross profit $ 441 $ 1,198 Income (loss) from continuing operations $ (40) $ (280) Net income (loss) $ (40) $ (280) Net income (loss) attributable to shareholders $ (40) $ (278)

OTHER FINANCIAL INFORMATION

OTHER FINANCIAL INFORMATION	9 Months Ended
	Jun. 30, 2024
Other Financial Information [Abstract]
OTHER FINANCIAL INFORMATION	OTHER FINANCIAL INFORMATION Sept 30, 2023 June 30, 2024 Inventories Finished products $ 446 551 Raw materials and work in process 1,560 1,752 Total $ 2,006 2,303 Property, plant and equipment, net Property, plant and equipment, at cost $ 5,524 5,994 Less: Accumulated depreciation 3,161 3,306 Total $ 2,363 2,688 Sept 30, 2023 June 30, 2024 Goodwill by business segment Final Control $ 2,660 2,668 Measurement & Analytical 1,545 1,548 Discrete Automation 892 899 Safety & Productivity 388 391 Intelligent Devices 5,485 5,506 Control Systems & Software 668 670 Test & Measurement — 3,433 AspenTech 8,327 8,327 Software and Control 8,995 12,430 Total $ 14,480 17,936 Other intangible assets Gross carrying amount $ 10,111 15,443 Less: Accumulated amortization 3,848 4,816 Net carrying amount $ 6,263 10,627 Other intangible assets include customer relationships, net, of $3,353 and $6,325 and intellectual property, net, of $2,707 and $4,067 as of September 30, 2023 and June 30, 2024, respectively. The increase in goodwill and intangibles was primarily due to the NI acquisition. See Note 4. Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Depreciation and amortization expense include the following: Depreciation expense $ 67 80 213 238 Amortization of intangibles (includes $49, $49, $147 and $147 reported in Cost of Sales, respectively) 169 313 504 958 Amortization of capitalized software 21 24 63 67 Total $ 257 417 780 1,263 Amortization of intangibles included $139 and $419 related to the NI acquisition for the three and nine months ended June 30, 2024. Sept 30, 2023 June 30, 2024 Other assets include the following: Pension assets $ 995 1,070 Operating lease right-of-use assets 550 685 Unbilled receivables (contract assets) 559 515 Deferred income taxes 100 59 Asbestos-related insurance receivables 53 38 Sept 30, 2023 June 30, 2024 Accrued expenses include the following: Customer advances (contract liabilities) $ 861 1,088 Employee compensation 618 630 Income taxes 207 231 Operating lease liabilities (current) 144 153 Product warranty 84 74 Other liabilities include the following: Deferred income taxes $ 1,959 2,507 Operating lease liabilities (noncurrent) 404 511 Pension and postretirement liabilities 435 443 Asbestos litigation 173 161 The increase in deferred income tax liabilities reflects the impact of the NI acquisition. See Note 4.

FINANCIAL INSTRUMENTS

FINANCIAL INSTRUMENTS	9 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
FINANCIAL INSTRUMENTS	FINANCIAL INSTRUMENTS Hedging Activities – As of June 30, 2024, the notional amount of foreign currency hedge positions was approximately $3.1 billion. All derivatives receiving hedge accounting are cash flow hedges. The majority of hedging gains and losses deferred as of June 30, 2024 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, of which €500 was repaid in the third quarter of fiscal 2024. 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 nine months ended June 30, 2023 and 2024: Into Earnings Into OCI 3rd Quarter Nine Months 3rd Quarter Nine Months Gains (Losses) Location 2023 2024 2023 2024 2023 2024 2023 2024 Commodity Cost of sales $ (9) — (19) — (13) — 6 — Foreign currency Sales — — (2) — (2) 5 1 7 Foreign currency Cost of sales 42 3 60 9 24 (10) 38 (3) Foreign currency Other deductions, net (91) (12) (108) (23) Net Investment Hedges Euro denominated debt $ 16 — 16 — (46) 25 (183) (27) Total $ (42) (9) (53) (14) (37) 20 (138) (23) 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. 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 June 30, 2024, the fair value of long-term debt was approximately $6.6 billion, which was lower than the carrying value by $1,012. The fair value of foreign currency contracts, which are reported in Other current assets and Accrued expenses, did not materially change since September 30, 2023. Commodity contracts related to discontinued operations and were novated to Copeland upon the completion of the transaction. Counterparties to derivatives arran

ACCUMULATED OTHER COMPREHENSIVE

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)	9 Months Ended
	Jun. 30, 2024
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 nine months ended June 30, 2023 and 2024 is shown below, net of income taxes: Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Foreign currency translation Beginning balance $ (918) (834) (1,265) (1,012) Other comprehensive income (loss), net of tax of $3, $(6), $35 and $6, respectively (10) (122) 337 33 Reclassification to loss on divestiture of business 95 — 95 23 Ending balance (833) (956) (833) (956) Pension and postretirement Beginning balance (255) (271) (222) (247) Amortization of deferred actuarial losses into earnings, net of tax of $6, $2, $13 and $6, respectively (12) (12) (45) (36) Reclassified to gain on sale of business 22 — 22 — Ending balance (245) (283) (245) (283) Cash flow hedges Beginning balance 25 8 2 6 Gains deferred during the period, net of taxes of $(2), $1, $(11) and $(1), respectively 7 (4) 34 3 Reclassification of realized (gains) losses to sales and cost of sales, net of tax of $1, $1, $3 and $2, respectively (7) (2) (11) (7) Reclassified to gain on sale of business (19) — (19) — Ending balance 6 2 6 2 Accumulated other comprehensive income (loss) $ (1,072) (1,237) (1,072) (1,237)

BUSINESS SEGMENTS

BUSINESS SEGMENTS	9 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
BUSINESS SEGMENTS	BUSINESS SEGMENTS As disclosed in Note 4, the Company completed the acquisition of NI on October 11, 2023. NI is now referred to as Test & Measurement and reported as a new segment in the Software and Control business group. Summarized information about the Company's results of operations by business segment follows: Three Months Ended June 30, Nine Months Ended June 30, Sales Earnings (Loss) Sales Earnings (Loss) 2023 2024 2023 2024 2023 2024 2023 2024 Final Control $ 1,035 1,046 245 253 2,889 3,037 618 706 Measurement & Analytical 913 982 257 252 2,550 2,942 661 761 Discrete Automation 668 618 124 109 1,969 1,863 378 322 Safety & Productivity 363 351 82 79 1,034 1,038 228 230 Intelligent Devices 2,979 2,997 708 693 8,442 8,880 1,885 2,019 Control Systems & Software 663 700 144 168 1,892 2,062 378 468 Test & Measurement — 355 — (88) — 1,104 — (245) AspenTech 320 343 27 49 793 878 (60) 6 Software and Control 983 1,398 171 129 2,685 4,044 318 229 Stock compensation (56) (56) (198) (203) Unallocated pension and postretirement costs 42 38 133 107 Corporate and other (43) (38) (154) (540) Loss on Copeland note receivable — (279) — (279) Gain on subordinated interest — — — 79 Eliminations/Interest (16) (15) (10) (56) (52) (51) (111) (157) Interest income from related party 10 24 10 86 Total $ 3,946 4,380 822 455 11,075 12,873 1,883 1,341 Stock compensation for the three months and nine months ended June 30, 2024 included $9 and $53 of integration-related stock compensation expense attributable to NI (of which $5 and $41, respectively, was reported as restructuring costs). Corporate and other for the three and nine months ended June 30, 2024 included acquisition/divestiture fees and related costs of $13 and $159, respectively, while year-to-date also includes acquisition-related inventory step-up amortization of $231 and a divestiture loss of $39. Corporate and other for the three and nine months ended June 30, 2023 included acquisition/divestiture costs of $38 and $48, respectively, and a mark-to-market gain of $12 and $47, respectively, related to its equity investment in National Instruments Corporation, while year-to-date also included a loss of $47 related to the Company's exit of business operations in Russia. Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below: Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Final Control $ 39 41 129 120 Measurement & Analytical 26 32 84 105 Discrete Automation 20 22 63 65 Safety & Productivity 15 14 44 43 Intelligent Devices 100 109 320 333 Control Systems & Software 22 26 67 75 Test & Measurement — 150 — 454 AspenTech 123 122 369 369 Software and Control 145 298 436 898 Corporate and other 12 10 24 32 Total $ 257 417 780 1,263 Test & Measurement depreciation and amortization for the three and nine months ended June 30, 2024 included intangibles amortization of $139 and $419 due to the acquisition. Sales by geographic destination, Americas, Asia, Middle East & Africa ("AMEA") and Europe, are summarized below: Three Months Ended June 30, Three Months Ended June 30, 2023 2024 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 498 399 138 1,035 509 398 139 1,046 Measurement & Analytical 482 303 128 913 488 345 149 982 Discrete Automation 312 180 176 668 294 154 170 618 Safety & Productivity 269 18 76 363 262 18 71 351 Intelligent Devices 1,561 900 518 2,979 1,553 915 529 2,997 Control Systems & Software 322 207 134 663 326 224 150 700 Test & Measurement — — — — 160 98 97 355 AspenTech 111 104 105 320 167 75 101 343 Software and Control 433 311 239 983 653 397 348 1,398 Total $ 1,994 1,211 757 3,962 2,206 1,312 877 4,395 Nine Months Ended June 30, Nine Months Ended June 30, 2023 2024 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 1,438 1,069 382 2,889 1,476 1,172 389 3,037 Measurement & Analytical 1,333 853 364 2,550 1,475 1,004 463 2,942 Discrete Automation 914 539 516 1,969 874 477 512 1,863 Safety & Productivity 777 51 206 1,034 774 53 211 1,038 Intelligent Devices 4,462 2,512 1,468 8,442 4,599 2,706 1,575 8,880 Control Systems & Software 930 578 384 1,892 972 650 440 2,062 Test & Measurement — — — — 486 295 323 1,104 AspenTech 337 228 228 793 428 208 242 878 Software and Control 1,267 806 612 2,685 1,886 1,153 1,005 4,044 Total $ 5,729 3,318 2,080 11,127 6,485 3,859 2,580 12,924

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Pay vs Performance Disclosure
Net earnings common stockholders	$ 329	$ 9,352	$ 972	$ 12,475

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
	Jun. 30, 2024
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

REVENUE RECOGNITION (Tables)

REVENUE RECOGNITION (Tables)	9 Months Ended
	Jun. 30, 2024
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, 2023 June 30, 2024 Unbilled receivables (contract assets) $ 1,453 1,541 Customer advances (contract liabilities) (897) (1,158) Net contract assets (liabilities) $ 556 383

COMMON SHARES (Tables)

COMMON SHARES (Tables)	9 Months Ended
	Jun. 30, 2024
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Schedule of Basic and Diluted Earnings Per Share Reconciliation	Reconciliations of weighted-average shares for basic and diluted earnings per common share follow. Earnings allocated to participating securities were inconsequential. Three Months Ended Nine Months Ended 2023 2024 2023 2024 Basic shares outstanding 570.9 571.9 575.1 571.4 Dilutive shares 3.1 2.9 3.0 2.7 Diluted shares outstanding 574.0 574.8 578.1 574.1

ACQUISITIONS AND DIVESTITURES (

ACQUISITIONS AND DIVESTITURES (Tables)	9 Months Ended
	Jun. 30, 2024
Business Combination, Asset Acquisition, and Joint Venture Formation [Abstract]
Schedule of Purchase Price Consideration	The following table summarizes the components of the purchase consideration reflected in the acquisition accounting for NI. Cash paid to acquire remaining NI shares not already owned by Emerson $ 7,833 Payoff of NI debt at closing 634 Total consideration paid in cash at closing 8,467 Fair value of NI shares already owned by Emerson prior to acquisition 137 Value of stock-based compensation awards attributable to pre-combination service 49 Total purchase consideration $ 8,653
Schedule of Recognized Identified Assets Acquired and Liabilities Assumed	The total purchase consideration for NI was allocated to assets and liabilities as follows. Valuations of acquired assets and liabilities are in-process and subject to refinement. Cash and equivalents $ 135 Receivables 310 Inventory 496 Other current assets 140 Property, plant and equipment 329 Goodwill ($121 expected to be tax-deductible) 3,434 Other intangible assets 5,275 Other assets 113 Total assets 10,232 Accounts payable 52 Accrued expenses 328 Deferred taxes and other liabilities 1,199 Total purchase consideration $ 8,653
Schedule of 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 $ 1,570 9 Customer relationships 3,360 15 Trade names 210 9 Backlog 135 1 Total $ 5,275
Schedule of Business Acquisition Pro Forma Information	The following unaudited proforma consolidated condensed financial results of operations are presented as if the acquisition of NI occurred on October 1, 2022. 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 June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Net Sales $ 4,363 4,380 12,377 12,892 Net earnings from continuing operations common stockholders $ 581 374 887 1,396 Diluted earnings per share from continuing operations $ 1.00 0.65 1.53 2.43

DISCONTINUED OPERATIONS (Tables

DISCONTINUED OPERATIONS (Tables)	9 Months Ended
	Jun. 30, 2024
Discontinued Operations and Disposal Groups [Abstract]
Schedule of Disposal Groups, Including Discontinued Operations	For the three and nine months ended June 30, 2023, the financial results of Climate Technologies (including equity method losses on the equity interest in Copeland) and InSinkErator ("ISE") are reported as discontinued operations and were as follows: Three Months Ended June 30, 2023 Climate Technologies ISE Total Net sales $ 847 — 847 Cost of sales 516 — 516 SG&A 122 — 122 Gain on sale of business (10,576) — (10,576) Other deductions, net 69 — 69 Earnings before income taxes 10,716 — 10,716 Income taxes 2,004 — 2,004 Earnings, net of tax $ 8,712 — 8,712 Nine Months Ended June 30, 2023 Climate Technologies ISE Total Net sales $ 3,156 49 3,205 Cost of sales 2,000 29 2,029 SG&A 391 8 399 Gain on sale of business (10,576) (2,783) (13,359) Other deductions, net 136 12 148 Earnings before income taxes 11,205 2,783 13,988 Income taxes 2,356 653 3,009 Earnings, net of tax $ 8,849 2,130 10,979 Net cash from operating and investing activities for Climate Technologies, InSinkErator and Therm-O-Disc for the nine months ended June 30, 2024 and 2023 were as follows: Climate Technologies ISE and TOD Total Nine Months Ended June 30, Nine Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 2023 2024 Cash from operating activities $ 156 4 (595) — (439) 4 Cash from investing activities $ 9,430 36 3,055 — 12,485 36

PENSION & POSTRETIREMENT PLANS

PENSION & POSTRETIREMENT PLANS (Tables)	9 Months Ended
	Jun. 30, 2024
Retirement Benefits [Abstract]
Schedule of Pension and Postretirement Plan Expenses	Total periodic pension and postretirement (income) expense is summarized below: Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Service cost $ 12 9 36 27 Interest cost 54 55 162 165 Expected return on plan assets (71) (74) (213) (222) Net amortization (18) (14) (58) (42) Total $ (23) (24) (73) (72)

OTHER DEDUCTIONS, NET (Tables)

OTHER DEDUCTIONS, NET (Tables)	9 Months Ended
	Jun. 30, 2024
Other Income and Expenses [Abstract]
Schedule of Other Deductions, Net	Other deductions, net are summarized below: Three Months Ended Nine Months Ended 2023 2024 2023 2024 Amortization of intangibles (intellectual property and customer relationships) $ 120 264 357 811 Restructuring costs 12 57 41 170 Acquisition/divestiture costs 38 7 48 92 Foreign currency transaction (gains) losses 22 9 41 60 Investment-related gains & gains from sales of capital assets (26) — (63) — Loss on divestiture of business — — — 39 Russia business exit — — 47 — Other (36) (43) (112) (97) Total $ 130 294 359 1,075

RESTRUCTURING COSTS (Tables)

RESTRUCTURING COSTS (Tables)	9 Months Ended
	Jun. 30, 2024
Restructuring and Related Activities [Abstract]
Schedule of Restructuring Expense by Segment	Restructuring expense by business segment follows: Three Months Ended June 30, Nine Months Ended 2023 2024 2023 2024 Final Control $ (2) 5 (1) 1 Measurement & Analytical 1 3 2 7 Discrete Automation 12 16 20 33 Safety & Productivity (1) 1 1 2 Intelligent Devices 10 25 22 43 Control Systems & Software 1 3 7 7 Test & Measurement — 24 — 78 AspenTech — — — — Software and Control 1 27 7 85 Corporate 1 5 12 42 Total $ 12 57 41 170
Schedule of Change in Restructuring Reserve by Type of Cost	Details of the change in the liability for restructuring costs during the nine months ended June 30, 2024 follow: Sept 30, 2023 Expense Utilized/Paid June 30, 2024 Severance and benefits $ 85 142 129 98 Other 2 28 24 6 Total $ 87 170 153 104

EQUITY METHOD INVESTMENT AND _2

EQUITY METHOD INVESTMENT AND NOTE RECEIVABLE (Tables)	9 Months Ended
	Jun. 30, 2024
Equity Method Investments and Joint Ventures [Abstract]
Schedule of Financial Information	Summarized financial information for Copeland for the three and nine months ended June 30, 2024 is as follows. Three Months Ended June 30, Nine Months Ended June 30, 2024 2024 Net sales $ 1,259 $ 3,458 Gross profit $ 441 $ 1,198 Income (loss) from continuing operations $ (40) $ (280) Net income (loss) $ (40) $ (280) Net income (loss) attributable to shareholders $ (40) $ (278)

OTHER FINANCIAL INFORMATION (Ta

OTHER FINANCIAL INFORMATION (Tables)	9 Months Ended
	Jun. 30, 2024
Other Financial Information [Abstract]
Schedule of Inventories	Sept 30, 2023 June 30, 2024 Inventories Finished products $ 446 551 Raw materials and work in process 1,560 1,752 Total $ 2,006 2,303
Schedule of Property, Plant and Equipment, net	Property, plant and equipment, net Property, plant and equipment, at cost $ 5,524 5,994 Less: Accumulated depreciation 3,161 3,306 Total $ 2,363 2,688
Schedule of Goodwill by Business Segment	Sept 30, 2023 June 30, 2024 Goodwill by business segment Final Control $ 2,660 2,668 Measurement & Analytical 1,545 1,548 Discrete Automation 892 899 Safety & Productivity 388 391 Intelligent Devices 5,485 5,506 Control Systems & Software 668 670 Test & Measurement — 3,433 AspenTech 8,327 8,327 Software and Control 8,995 12,430 Total $ 14,480 17,936
Schedule of Other Intangible Assets	Other intangible assets Gross carrying amount $ 10,111 15,443 Less: Accumulated amortization 3,848 4,816 Net carrying amount $ 6,263 10,627
Schedule of Depreciation and Amortization Components	Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Depreciation and amortization expense include the following: Depreciation expense $ 67 80 213 238 Amortization of intangibles (includes $49, $49, $147 and $147 reported in Cost of Sales, respectively) 169 313 504 958 Amortization of capitalized software 21 24 63 67 Total $ 257 417 780 1,263
Schedule of Other Assets	Sept 30, 2023 June 30, 2024 Other assets include the following: Pension assets $ 995 1,070 Operating lease right-of-use assets 550 685 Unbilled receivables (contract assets) 559 515 Deferred income taxes 100 59 Asbestos-related insurance receivables 53 38
Schedule of Accrued Expenses	Sept 30, 2023 June 30, 2024 Accrued expenses include the following: Customer advances (contract liabilities) $ 861 1,088 Employee compensation 618 630 Income taxes 207 231 Operating lease liabilities (current) 144 153 Product warranty 84 74
Schedule of Other Liabilities	Other liabilities include the following: Deferred income taxes $ 1,959 2,507 Operating lease liabilities (noncurrent) 404 511 Pension and postretirement liabilities 435 443 Asbestos litigation 173 161

FINANCIAL INSTRUMENTS (Tables)

FINANCIAL INSTRUMENTS (Tables)	9 Months Ended
	Jun. 30, 2024
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule Of Derivative Instruments	The following gains and losses are included in earnings and other comprehensive income (OCI) for the three and nine months ended June 30, 2023 and 2024: Into Earnings Into OCI 3rd Quarter Nine Months 3rd Quarter Nine Months Gains (Losses) Location 2023 2024 2023 2024 2023 2024 2023 2024 Commodity Cost of sales $ (9) — (19) — (13) — 6 — Foreign currency Sales — — (2) — (2) 5 1 7 Foreign currency Cost of sales 42 3 60 9 24 (10) 38 (3) Foreign currency Other deductions, net (91) (12) (108) (23) Net Investment Hedges Euro denominated debt $ 16 — 16 — (46) 25 (183) (27) Total $ (42) (9) (53) (14) (37) 20 (138) (23)

ACCUMULATED OTHER COMPREHENSI_2

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)	9 Months Ended
	Jun. 30, 2024
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 nine months ended June 30, 2023 and 2024 is shown below, net of income taxes: Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Foreign currency translation Beginning balance $ (918) (834) (1,265) (1,012) Other comprehensive income (loss), net of tax of $3, $(6), $35 and $6, respectively (10) (122) 337 33 Reclassification to loss on divestiture of business 95 — 95 23 Ending balance (833) (956) (833) (956) Pension and postretirement Beginning balance (255) (271) (222) (247) Amortization of deferred actuarial losses into earnings, net of tax of $6, $2, $13 and $6, respectively (12) (12) (45) (36) Reclassified to gain on sale of business 22 — 22 — Ending balance (245) (283) (245) (283) Cash flow hedges Beginning balance 25 8 2 6 Gains deferred during the period, net of taxes of $(2), $1, $(11) and $(1), respectively 7 (4) 34 3 Reclassification of realized (gains) losses to sales and cost of sales, net of tax of $1, $1, $3 and $2, respectively (7) (2) (11) (7) Reclassified to gain on sale of business (19) — (19) — Ending balance 6 2 6 2 Accumulated other comprehensive income (loss) $ (1,072) (1,237) (1,072) (1,237)

BUSINESS SEGMENTS (Tables)

BUSINESS SEGMENTS (Tables)	9 Months Ended
	Jun. 30, 2024
Segment Reporting [Abstract]
Schedule of Segment Reporting Information, by Segment	Summarized information about the Company's results of operations by business segment follows: Three Months Ended June 30, Nine Months Ended June 30, Sales Earnings (Loss) Sales Earnings (Loss) 2023 2024 2023 2024 2023 2024 2023 2024 Final Control $ 1,035 1,046 245 253 2,889 3,037 618 706 Measurement & Analytical 913 982 257 252 2,550 2,942 661 761 Discrete Automation 668 618 124 109 1,969 1,863 378 322 Safety & Productivity 363 351 82 79 1,034 1,038 228 230 Intelligent Devices 2,979 2,997 708 693 8,442 8,880 1,885 2,019 Control Systems & Software 663 700 144 168 1,892 2,062 378 468 Test & Measurement — 355 — (88) — 1,104 — (245) AspenTech 320 343 27 49 793 878 (60) 6 Software and Control 983 1,398 171 129 2,685 4,044 318 229 Stock compensation (56) (56) (198) (203) Unallocated pension and postretirement costs 42 38 133 107 Corporate and other (43) (38) (154) (540) Loss on Copeland note receivable — (279) — (279) Gain on subordinated interest — — — 79 Eliminations/Interest (16) (15) (10) (56) (52) (51) (111) (157) Interest income from related party 10 24 10 86 Total $ 3,946 4,380 822 455 11,075 12,873 1,883 1,341 Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below: Three Months Ended June 30, Nine Months Ended June 30, 2023 2024 2023 2024 Final Control $ 39 41 129 120 Measurement & Analytical 26 32 84 105 Discrete Automation 20 22 63 65 Safety & Productivity 15 14 44 43 Intelligent Devices 100 109 320 333 Control Systems & Software 22 26 67 75 Test & Measurement — 150 — 454 AspenTech 123 122 369 369 Software and Control 145 298 436 898 Corporate and other 12 10 24 32 Total $ 257 417 780 1,263
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 June 30, Three Months Ended June 30, 2023 2024 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 498 399 138 1,035 509 398 139 1,046 Measurement & Analytical 482 303 128 913 488 345 149 982 Discrete Automation 312 180 176 668 294 154 170 618 Safety & Productivity 269 18 76 363 262 18 71 351 Intelligent Devices 1,561 900 518 2,979 1,553 915 529 2,997 Control Systems & Software 322 207 134 663 326 224 150 700 Test & Measurement — — — — 160 98 97 355 AspenTech 111 104 105 320 167 75 101 343 Software and Control 433 311 239 983 653 397 348 1,398 Total $ 1,994 1,211 757 3,962 2,206 1,312 877 4,395 Nine Months Ended June 30, Nine Months Ended June 30, 2023 2024 Americas AMEA Europe Total Americas AMEA Europe Total Final Control $ 1,438 1,069 382 2,889 1,476 1,172 389 3,037 Measurement & Analytical 1,333 853 364 2,550 1,475 1,004 463 2,942 Discrete Automation 914 539 516 1,969 874 477 512 1,863 Safety & Productivity 777 51 206 1,034 774 53 211 1,038 Intelligent Devices 4,462 2,512 1,468 8,442 4,599 2,706 1,575 8,880 Control Systems & Software 930 578 384 1,892 972 650 440 2,062 Test & Measurement — — — — 486 295 323 1,104 AspenTech 337 228 228 793 428 208 242 878 Software and Control 1,267 806 612 2,685 1,886 1,153 1,005 4,044 Total $ 5,729 3,318 2,080 11,127 6,485 3,859 2,580 12,924

BASIS OF PRESENTATION (Details)

BASIS OF PRESENTATION (Details) - USD ($) $ in Billions	1 Months Ended
	Aug. 31, 2024	May 31, 2023
Forecast | Copeland
Business Acquisition [Line Items]
Proceeds from sale of equity method investments	$ 1.5
Copeland
Business Acquisition [Line Items]
Noncontrolling interest, ownership percentage by parent		40%

REVENUE RECOGNITION - Schedule

REVENUE RECOGNITION - Schedule of Contract Assets and Contract Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Unbilled receivables (contract assets)	$ 1,541	$ 1,453
Customer advances (contract liabilities)	(1,158)	(897)
Net contract assets (liabilities)	$ 383	$ 556

REVENUE RECOGNITION - Narrative

REVENUE RECOGNITION - Narrative (Details) $ in Millions	3 Months Ended	9 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Increase in contract liabilities		$ 160
Revenue recognized, included in beginning contract liability	$ 83	605
Backlog	8,700	8,700
AspenTech
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Backlog	1,300	1,300
National Instruments
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Backlog	$ 450	$ 450
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2024-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Percentage of backlog recognized as revenue, next 12 months	75%	75%
Expected timing of satisfaction, backlog	12 months	12 months
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2025-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, backlog	1 year	1 year
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-07-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Expected timing of satisfaction, backlog	1 year	1 year

COMMON SHARES (Details)

COMMON SHARES (Details) - shares shares in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Weighted Average Number of Shares Outstanding Reconciliation [Abstract]
Basic shares outstanding (in shares)	571.9	570.9	571.4	575.1
Dilutive shares (in shares)	2.9	3.1	2.7	3
Diluted shares outstanding (in shares)	574.8	574	574.1	578.1

ACQUISITIONS AND DIVESTITURES -

ACQUISITIONS AND DIVESTITURES - Narrative (Details) $ / shares in Units, $ in Millions		3 Months Ended					9 Months Ended			12 Months Ended
	Oct. 11, 2023 USD ($)	Jun. 30, 2024 USD ($)	Mar. 31, 2024 USD ($)	Sep. 30, 2023 USD ($) business	Jun. 30, 2023 USD ($)	Dec. 31, 2022 USD ($) $ / shares	Jun. 30, 2024 USD ($)	Sep. 30, 2023 USD ($)	Jun. 30, 2023 USD ($)	Sep. 30, 2023 USD ($)
Business Acquisition [Line Items]
Earnings		$ 4,380			$ 3,946		$ 12,873		$ 11,075
Mark-to-market gain (loss)					3				24
Acquisition/divestiture costs		7			38		92		48
Gain on subordinated interest		0	$ 79		0		79		0
Loss on divestiture of business		0			0		39		0
Purchase price of businesses, net of cash acquired							8,342		0
Goodwill		17,936		$ 14,480			17,936	$ 14,480		$ 14,480
Goodwill expected tax deductible amount	$ 121
Gain (loss) on sale of business					10,576				13,359
Russia
Business Acquisition [Line Items]
Gain (loss) on sale of business						$ (47)
Loss on disposal (in dollars per share) | $ / shares						$ 0.08
National Instruments
Business Acquisition [Line Items]
Net sales	1,700
Earnings										170
Acquisition including sales		355			417		1,104		1,302
Net loss since acquisition date		86					492
Amortization of intangible assets		139			105		419		317
Mark-to-market gain (loss)					12				47
Acquisition/divestiture costs		13					159	110	198
Net earnings from continuing operations common stockholders		$ 374			581		$ 1,396		887
Goodwill	$ 3,434
National Instruments | National Instruments
Business Acquisition [Line Items]
Acquisition/divestiture costs								88
National Instruments | Backlog Amortization
Business Acquisition [Line Items]
Amortization of intangible assets					$ 34				102
National Instruments | Fair Value Adjustment to Inventory
Business Acquisition [Line Items]
Net earnings from continuing operations common stockholders									213
National Instruments | Retention Bonus
Business Acquisition [Line Items]
Net earnings from continuing operations common stockholders									$ 51
Other Segment Transactions
Business Acquisition [Line Items]
Number of businesses acquired | business				2
Purchase price of businesses, net of cash acquired				$ 715
Goodwill				424				424		424
Goodwill expected tax deductible amount				0				0		0
Intangible assets				$ 323				$ 323		$ 323
Weighted-average useful life				9 years

ACQUISITIONS AND DIVESTITURES_2

ACQUISITIONS AND DIVESTITURES - Schedule of Purchase Price Consideration (Details) - National Instruments $ in Millions	Oct. 11, 2023 USD ($)
Business Acquisition [Line Items]
Cash paid to acquire remaining NI shares not already owned by Emerson	$ 7,833
Payoff of NI debt at closing	634
Total consideration paid in cash at closing	8,467
Fair value of NI shares already owned by Emerson prior to acquisition	137
Value of stock-based compensation awards attributable to pre-combination service	49
Total purchase consideration	$ 8,653

ACQUISITIONS AND DIVESTITURES_3

ACQUISITIONS AND DIVESTITURES - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed (Details) - USD ($) $ in Millions	Jun. 30, 2024	Oct. 11, 2023	Sep. 30, 2023
Business Acquisition [Line Items]
Goodwill ($121 expected to be tax-deductible)	$ 17,936		$ 14,480
Goodwill expected tax deductible amount		$ 121
National Instruments
Business Acquisition [Line Items]
Cash and equivalents		135
Receivables		310
Inventory		496
Other current assets		140
Property, plant and equipment		329
Goodwill ($121 expected to be tax-deductible)		3,434
Other intangible assets		5,275
Other assets		113
Total assets		10,232
Accounts payable		52
Accrued expenses		328
Deferred taxes and other liabilities		1,199
Total purchase consideration		$ 8,653

ACQUISITIONS AND DIVESTITURES_4

ACQUISITIONS AND DIVESTITURES - Schedule of Finite-Lived and Indefinite-Lived Intangible Assets Acquired as Part of Business Combination (Details) - National Instruments $ in Millions	Oct. 11, 2023 USD ($)
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 5,275
Developed technology
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 1,570
Estimated Weighted Average Life (Years)	9 years
Customer relationships
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 3,360
Estimated Weighted Average Life (Years)	15 years
Trade names
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 210
Estimated Weighted Average Life (Years)	9 years
Backlog
Acquired Finite-Lived Intangible Assets [Line Items]
Amount	$ 135
Estimated Weighted Average Life (Years)	1 year

ACQUISITIONS AND DIVESTITURES_5

ACQUISITIONS AND DIVESTITURES - Schedule of Business Acquisition Pro Forma Information (Details) - National Instruments - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Business Acquisition [Line Items]
Net Sales	$ 4,380	$ 4,363	$ 12,892	$ 12,377
Net earnings from continuing operations common stockholders	$ 374	$ 581	$ 1,396	$ 887
Diluted earnings per share from continuing operations (in dollars per share)	$ 0.65	$ 1	$ 2.43	$ 1.53

DISCONTINUED OPERATIONS - Narra

DISCONTINUED OPERATIONS - Narrative (Details) - USD ($) $ in Millions			1 Months Ended	3 Months Ended			9 Months Ended		12 Months Ended
	May 31, 2023	Oct. 31, 2022	Aug. 31, 2024	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales					$ 847			$ 3,205
Income tax benefit				$ (88)	(168)		$ (266)	(400)
Copeland U.S
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Income tax benefit					10			10
Copeland
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Loss on Copeland note receivable					61			61
Copeland
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Noncontrolling interest, ownership percentage by parent	40%
Climate Technologies
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchase price	$ 14,000
Proceeds from divestiture	9,700							9,700
Proceeds from notes receivable	$ 2,250
Interest accrual percentage on note payable	5%
Net sales					847			3,156	$ 5,000
Disposal group, pre-tax earnings									1,000
Gain (loss) on disposal					10,600
Gain on sale of business, net of tax									8,400
Ceased depreciation					$ 26			96
Discontinued operations costs								57
Tax effect of discontinued operation								2,200
InSinkErator
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Purchase price		$ 3,000						750
Net sales									630
Disposal group, pre-tax earnings									$ 152
Gain (loss) on disposal						$ 2,800
Gain on sale of business, net of tax						$ 2,100
Tax effect of discontinued operation								$ 660
Copeland
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from divestiture	$ 9,700
Gain (loss) on disposal				(16)			(111)
Loss on disposal group, after tax				$ 9			$ 82
Copeland | Forecast
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Proceeds from sale of equity method investments			$ 1,500

DISCONTINUED OPERATIONS - Finan

DISCONTINUED OPERATIONS - Financial Results (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended		12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2022
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales		$ 847		$ 3,205
Cost of sales		516		2,029
SG&A		122		399
Gain on sale of business		(10,576)		(13,359)
Other deductions, net		69		148
Earnings before income taxes		10,716		13,988
Income taxes	$ 5	2,004	$ 27	3,009
Earnings, net of tax	$ (15)	8,712	$ (88)	10,979
Climate Technologies
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales		847		3,156	$ 5,000
Cost of sales		516		2,000
SG&A		122		391
Gain on sale of business		(10,576)		(10,576)
Other deductions, net		69		136
Earnings before income taxes		10,716		11,205
Income taxes		2,004		2,356
Earnings, net of tax		8,712		8,849
ISE
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Net sales		0		49
Cost of sales		0		29
SG&A		0		8
Gain on sale of business		0		(2,783)
Other deductions, net		0		12
Earnings before income taxes		0		2,783
Income taxes		0		653
Earnings, net of tax		$ 0		$ 2,130

DISCONTINUED OPERATIONS - Net C

DISCONTINUED OPERATIONS - Net Cash from Operating and Investing Activities (Details) - USD ($) $ in Millions	9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash from operating activities	$ 4	$ (439)
Cash from investing activities	36	12,485
Climate Technologies
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash from operating activities	4	156
Cash from investing activities	36	9,430
ISE
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Cash from operating activities	0	(595)
Cash from investing activities	$ 0	$ 3,055

PENSION & POSTRETIREMENT PLAN_2

PENSION & POSTRETIREMENT PLANS - Schedule of Pension and Postretirement Plan Expenses (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Retirement Benefits [Abstract]
Service cost	$ 9	$ 12	$ 27	$ 36
Interest cost	55	54	165	162
Expected return on plan assets	(74)	(71)	(222)	(213)
Net amortization	(14)	(18)	(42)	(58)
Total	$ (24)	$ (23)	$ (72)	$ (73)

OTHER DEDUCTIONS, NET (Details)

OTHER DEDUCTIONS, NET (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles (intellectual property and customer relationships)	$ 264	$ 120	$ 811		$ 357
Restructuring costs	57	12	170		41
Acquisition/divestiture costs	7	38	92		48
Foreign currency transaction (gains) losses	9	22	60		41
Investment-related gains & gains from sales of capital assets	0	(26)	0		(63)
Loss on divestiture of business	0	0	39		0
Russia business exit	0	0	0		47
Other	(43)	(36)	(97)		(112)
Total	294	130	1,075		359
Mark-to-market gain		3			24
National Instruments
Acquired Finite-Lived Intangible Assets [Line Items]
Amortization of intangibles (intellectual property and customer relationships)	139		419
Restructuring costs	5		41
Acquisition/divestiture costs	$ 13		$ 159	$ 110	198
Mark-to-market gain		$ 12			$ 47

RESTRUCTURING COSTS - Narrative

RESTRUCTURING COSTS - Narrative (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023	Sep. 30, 2024
Restructuring [Line Items]
Expense	$ 57	$ 12	$ 170	$ 41
Restructuring costs included in cost of sales and selling and general and administrative expenses	3	1	10	13
Corporate and other
Restructuring [Line Items]
Expense	$ 5	$ 1	$ 42	$ 12
Forecast
Restructuring [Line Items]
Expected fiscal year restructuring expense					$ 250

RESTRUCTURING COSTS - Schedule

RESTRUCTURING COSTS - Schedule Of Restructuring Expense by Segment (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Restructuring [Line Items]
Expense	$ 57	$ 12	$ 170	$ 41
Corporate and other
Restructuring [Line Items]
Expense	5	1	42	12
Intelligent Devices | Operating Segments
Restructuring [Line Items]
Expense	25	10	43	22
Software and Control
Restructuring [Line Items]
Expense	27	1	85	7
Final Control | Intelligent Devices | Operating Segments
Restructuring [Line Items]
Expense	5	(2)	1	(1)
Measurement & Analytical | Intelligent Devices | Operating Segments
Restructuring [Line Items]
Expense	3	1	7	2
Discrete Automation | Intelligent Devices | Operating Segments
Restructuring [Line Items]
Expense	16	12	33	20
Safety & Productivity | Intelligent Devices | Operating Segments
Restructuring [Line Items]
Expense	1	(1)	2	1
Control Systems & Software | Software and Control | Operating Segments
Restructuring [Line Items]
Expense	3	1	7	7
Test & Measurement | Software and Control | Operating Segments
Restructuring [Line Items]
Expense	24	0	78	0
AspenTech | Software and Control | Operating Segments
Restructuring [Line Items]
Expense	$ 0	$ 0	$ 0	$ 0

RESTRUCTURING COSTS - Schedul_2

RESTRUCTURING COSTS - Schedule of Restructuring Reserve by Type of Cost (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			$ 87
Expense	$ 57	$ 12	170	$ 41
Utilized/Paid			153
Restructuring reserve, ending balance	104		104
Severance and benefits
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			85
Expense			142
Utilized/Paid			129
Restructuring reserve, ending balance	98		98
Other
Restructuring Reserve [Roll Forward]
Restructuring reserve, beginning balance			2
Expense			28
Utilized/Paid			24
Restructuring reserve, ending balance	$ 6		$ 6

TAXES (Details)

TAXES (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Income Tax Disclosure [Abstract]
Income taxes	$ 88	$ 168	$ 266	$ 400
Effective income tax rate	19%	21%	20%	21%
Income tax (expense) benefit related to discrete tax items, as a percent	3%		2%
Income tax benefit related to discrete tax items			$ 57
Income taxes benefit related to discrete tax items (in dollars per share)			$ 0.10

EQUITY METHOD INVESTMENT AND _3

EQUITY METHOD INVESTMENT AND NOTE RECEIVABLE - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions			1 Months Ended	3 Months Ended		9 Months Ended
	Aug. 02, 2024	May 31, 2023	Aug. 31, 2024	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Schedule of Equity Method Investments [Line Items]
Interest income				$ 32	$ 58	$ 105	$ 96
Loss on Copeland note receivable				279	$ 0	279	$ 0
Loss on Copeland note receivable, net of tax						$ 217
Loss from equity method investment (in dollars per share)						$ 0.38
Copeland
Schedule of Equity Method Investments [Line Items]
Equity method investment				1,008		$ 1,008
Copeland | Related Party
Schedule of Equity Method Investments [Line Items]
Interest income				$ 24		86
Copeland
Schedule of Equity Method Investments [Line Items]
Noncontrolling interest, ownership percentage by parent		40%
Copeland
Schedule of Equity Method Investments [Line Items]
Proceeds from divestiture		$ 9,700
Notes receivable, consideration		$ 2,250				$ 1,900
Copeland | Subsequent Event [Member]
Schedule of Equity Method Investments [Line Items]
Proceeds from sale of notes receivable	$ 1,900
Copeland | Forecast
Schedule of Equity Method Investments [Line Items]
Proceeds from sale of equity method investments			$ 1,500
Future indemnity obligations			$ 33

EQUITY METHOD INVESTMENT AND _4

EQUITY METHOD INVESTMENT AND NOTE RECEIVABLE - Summarized Financial Information (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Schedule of Equity Method Investments [Line Items]
Income (loss) from continuing operations	$ 367	$ 654	$ 1,075	$ 1,483
Net income (loss)	352	9,366	987	12,462
Net income (loss) attributable to shareholders	329	$ 9,352	972	$ 12,475
Equity Method Investment, Nonconsolidated Investee or Group of Investees | Copeland
Schedule of Equity Method Investments [Line Items]
Net sales	1,259		3,458
Gross profit	441		1,198
Income (loss) from continuing operations	(40)		(280)
Net income (loss)	(40)		(280)
Net income (loss) attributable to shareholders	$ (40)		$ (278)

OTHER FINANCIAL INFORMATION - S

OTHER FINANCIAL INFORMATION - Schedule of Inventories (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Other Financial Information [Abstract]
Finished products	$ 551	$ 446
Raw materials and work in process	1,752	1,560
Total	$ 2,303	$ 2,006

OTHER FINANCIAL INFORMATION -_2

OTHER FINANCIAL INFORMATION - Schedule of Property, Plant and Equipment, net (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Other Financial Information [Abstract]
Property, plant and equipment, at cost	$ 5,994	$ 5,524
Less: Accumulated depreciation	3,306	3,161
Total	$ 2,688	$ 2,363

OTHER FINANCIAL INFORMATION -_3

OTHER FINANCIAL INFORMATION - Schedule of Goodwill by Business Segment (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Goodwill [Line Items]
Goodwill	$ 17,936	$ 14,480
Intelligent Devices
Goodwill [Line Items]
Goodwill	5,506	5,485
Software and Control
Goodwill [Line Items]
Goodwill	12,430	8,995
Final Control | Intelligent Devices
Goodwill [Line Items]
Goodwill	2,668	2,660
Measurement & Analytical | Intelligent Devices
Goodwill [Line Items]
Goodwill	1,548	1,545
Discrete Automation | Intelligent Devices
Goodwill [Line Items]
Goodwill	899	892
Safety & Productivity | Intelligent Devices
Goodwill [Line Items]
Goodwill	391	388
Control Systems & Software | Software and Control
Goodwill [Line Items]
Goodwill	670	668
Test & Measurement | Software and Control
Goodwill [Line Items]
Goodwill	3,433	0
AspenTech | Software and Control
Goodwill [Line Items]
Goodwill	$ 8,327	$ 8,327

OTHER FINANCIAL INFORMATION -_4

OTHER FINANCIAL INFORMATION - Schedule of Other Intangible Assets (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Finite-Lived Intangible Assets [Line Items]
Gross carrying amount	$ 15,443	$ 10,111
Less: Accumulated amortization	4,816	3,848
Net carrying amount	10,627	6,263
Customer Relationships
Finite-Lived Intangible Assets [Line Items]
Net carrying amount	6,325	3,353
Intellectual Property
Finite-Lived Intangible Assets [Line Items]
Net carrying amount	$ 4,067	$ 2,707

OTHER FINANCIAL INFORMATION -_5

OTHER FINANCIAL INFORMATION - Schedule of Depreciation and Amortization components (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Business Acquisition [Line Items]
Depreciation expense	$ 80	$ 67	$ 238	$ 213
Amortization of intangibles (includes $49, $49, $147 and $147 reported in Cost of Sales, respectively)	313	169	958	504
Amortization of capitalized software	24	21	67	63
Total	417	257	1,263	780
Amortization of intangibles in cost of sales	49	49	147	147
National Instruments
Business Acquisition [Line Items]
Amortization of intangible assets	$ 139	$ 105	$ 419	$ 317

OTHER FINANCIAL INFORMATION -_6

OTHER FINANCIAL INFORMATION - Schedule of Other Assets (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Other Financial Information [Abstract]
Pension assets	$ 1,070	$ 995
Operating lease right-of-use assets	685	550
Unbilled receivables (contract assets)	515	559
Deferred income taxes	59	100
Asbestos-related insurance receivables	$ 38	$ 53

OTHER FINANCIAL INFORMATION -_7

OTHER FINANCIAL INFORMATION - Schedule of Accrued Expenses (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Other Financial Information [Abstract]
Customer advances (contract liabilities)	$ 1,088	$ 861
Employee compensation	630	618
Income taxes	231	207
Operating lease liabilities (current)	153	144
Product warranty	$ 74	$ 84
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Accrued expenses	Accrued expenses

OTHER FINANCIAL INFORMATION -_8

OTHER FINANCIAL INFORMATION - Schedule of Other Liabilities (Details) - USD ($) $ in Millions	Jun. 30, 2024	Sep. 30, 2023
Other Financial Information [Abstract]
Deferred income taxes	$ 2,507	$ 1,959
Operating lease liabilities (noncurrent)	511	404
Pension and postretirement liabilities	443	435
Asbestos litigation	$ 161	$ 173

FINANCIAL INSTRUMENTS - Schedul

FINANCIAL INSTRUMENTS - Schedule Of Derivative Instruments (Details) € in Millions, $ in Millions	3 Months Ended			9 Months Ended
	Jun. 30, 2024 USD ($)	Jun. 30, 2024 EUR (€)	Jun. 30, 2023 USD ($)	Jun. 30, 2024 USD ($)	Jun. 30, 2023 USD ($)	Sep. 30, 2019 EUR (€)
Derivative Instruments, Gain (Loss) [Line Items]
Into Earnings	$ (9)		$ (42)	$ (14)	$ (53)
Into OCI	20		(37)	(23)	(138)
Fair value of long-term debt compared with carrying value	1,012			1,012
Collateral already posted, aggregate fair value	0			0
Collateral held from counterparties	0			0
Level 2
Derivative Instruments, Gain (Loss) [Line Items]
Fair value of long-term debt	6,600			6,600
Senior Notes
Derivative Instruments, Gain (Loss) [Line Items]
Debt, face amount | €						€ 1,500
Repayments of debt | €		€ 500
Foreign Exchange Contract
Derivative Instruments, Gain (Loss) [Line Items]
Notional amount of foreign currency hedge positions	3,100			3,100
Foreign Exchange Contract | Cash Flow Hedging | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Into Earnings	3		42	9	60
Foreign Exchange Contract | Cash Flow Hedging | Cost of sales | Other Comprehensive Income (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Into OCI	(10)		24	(3)	38
Foreign Exchange Contract | Cash Flow Hedging | Sales
Derivative Instruments, Gain (Loss) [Line Items]
Into Earnings	0		0	0	(2)
Foreign Exchange Contract | Cash Flow Hedging | Sales | Other Comprehensive Income (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Into OCI	5		(2)	7	1
Foreign Exchange Contract | Net Investment Hedging
Derivative Instruments, Gain (Loss) [Line Items]
Into Earnings	0		16	0	16
Foreign Exchange Contract | Net Investment Hedging | Other Comprehensive Income (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Into OCI	25		(46)	(27)	(183)
Commodity Contract | Cash Flow Hedging | Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Into Earnings	0		(9)	0	(19)
Commodity Contract | Cash Flow Hedging | Cost of sales | Other Comprehensive Income (Loss)
Derivative Instruments, Gain (Loss) [Line Items]
Into OCI	0		(13)	0	6
Commodity Contract | Cash Flow Hedging | Other deductions, net
Derivative Instruments, Gain (Loss) [Line Items]
Into Earnings	$ (12)		$ (91)	$ (23)	$ (108)

ACCUMULATED OTHER COMPREHENSI_3

ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Accumulated other comprehensive income [Roll Forward]
Stockholders' equity, beginning balance			$ 26,598
Other comprehensive income (loss), net of tax	$ (142)	$ 77	16	$ 418
Stockholders' equity, ending balance	26,688	26,413	26,688	26,413
Accumulated other comprehensive income (loss)
Accumulated other comprehensive income [Roll Forward]
Stockholders' equity, beginning balance	(1,097)	(1,148)	(1,253)	(1,485)
Stockholders' equity, ending balance	(1,237)	(1,072)	(1,237)	(1,072)
Foreign currency translation
Accumulated other comprehensive income [Roll Forward]
Stockholders' equity, beginning balance	(834)	(918)	(1,012)	(1,265)
Other comprehensive income (loss), net of tax	(122)	(10)	33	337
Reclassification of (gain) loss on sale of business	0	95	23	95
Stockholders' equity, ending balance	(956)	(833)	(956)	(833)
Other comprehensive income (loss), tax	(6)	3	6	35
Pension and postretirement
Accumulated other comprehensive income [Roll Forward]
Stockholders' equity, beginning balance	(271)	(255)	(247)	(222)
Other comprehensive income (loss), net of tax	(12)	(12)	(36)	(45)
Reclassification of (gain) loss on sale of business	0	22	0	22
Stockholders' equity, ending balance	(283)	(245)	(283)	(245)
Other comprehensive income (loss), tax	2	6	6	13
Cash flow hedges
Accumulated other comprehensive income [Roll Forward]
Stockholders' equity, beginning balance	8	25	6	2
Other comprehensive income (loss), net of tax	(4)	7	3	34
Reclassification of (gain) loss on sale of business	0	(19)	0	(19)
Reclassification of realized (gains) losses to sales and cost of sales, net of tax of $1, $1, $3 and $2, respectively	(2)	(7)	(7)	(11)
Stockholders' equity, ending balance	2	6	2	6
Other comprehensive income (loss), tax	1	(2)	(1)	(11)
Reclassification of (gains) losses to sales and cost of sales, tax	$ 1	$ 1	$ 2	$ 3

BUSINESS SEGMENTS - Schedule of

BUSINESS SEGMENTS - Schedule of Segment Reporting Information, by Segment (Details) - USD ($) $ in Millions	3 Months Ended			9 Months Ended			12 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Dec. 31, 2022	Jun. 30, 2024	Sep. 30, 2023	Jun. 30, 2023	Sep. 30, 2023
Segment Reporting Information [Line Items]
Net sales	$ 4,380	$ 3,946		$ 12,873		$ 11,075
Earnings (Loss)	455	822		1,341		1,883
Gain on subordinated interest				79		0
Interest expenses	(56)	(10)		(157)		(111)
Expense	57	12		170		41
Acquisition/divestiture costs	7	38		92		48
Amortization of acquisition-related inventory step-up				231		0
Loss on divestiture of business	0	0		39		0
Unrealized gain (loss) on derivatives		12				47
Gain (loss) on sale of business		10,576				13,359
National Instruments
Segment Reporting Information [Line Items]
Net sales							$ 170
Expense	5			41
Acquisition/divestiture costs	13			159	$ 110	198
Restructuring Charges | National Instruments
Segment Reporting Information [Line Items]
Stock compensation	9			53
Software and Control
Segment Reporting Information [Line Items]
Expense	27	1		85		7
Russia
Segment Reporting Information [Line Items]
Gain (loss) on sale of business			$ (47)
Operating Segments | Intelligent Devices
Segment Reporting Information [Line Items]
Net sales	2,997	2,979		8,880		8,442
Earnings (Loss)	693	708		2,019		1,885
Expense	25	10		43		22
Operating Segments | Software and Control
Segment Reporting Information [Line Items]
Net sales	1,398	983
Earnings (Loss)	129	171
Operating Segments | Final Control | Intelligent Devices
Segment Reporting Information [Line Items]
Net sales	1,046	1,035		3,037		2,889
Earnings (Loss)	253	245		706		618
Expense	5	(2)		1		(1)
Operating Segments | Measurement & Analytical | Intelligent Devices
Segment Reporting Information [Line Items]
Net sales	982	913		2,942		2,550
Earnings (Loss)	252	257		761		661
Expense	3	1		7		2
Operating Segments | Discrete Automation | Intelligent Devices
Segment Reporting Information [Line Items]
Net sales	618	668		1,863		1,969
Earnings (Loss)	109	124		322		378
Expense	16	12		33		20
Operating Segments | Safety & Productivity | Intelligent Devices
Segment Reporting Information [Line Items]
Net sales	351	363		1,038		1,034
Earnings (Loss)	79	82		230		228
Expense	1	(1)		2		1
Operating Segments | Control Systems & Software | Software and Control
Segment Reporting Information [Line Items]
Net sales	700	663		2,062		1,892
Earnings (Loss)	168	144		468		378
Expense	3	1		7		7
Operating Segments | Test & Measurement | Software and Control
Segment Reporting Information [Line Items]
Net sales	355	0		1,104		0
Earnings (Loss)	(88)	0		(245)		0
Expense	24	0		78		0
Operating Segments | AspenTech | Software and Control
Segment Reporting Information [Line Items]
Net sales	343	320		878		793
Earnings (Loss)	49	27		6		(60)
Expense	0	0		0		0
Operating Segments | Software and Control | Software and Control
Segment Reporting Information [Line Items]
Net sales				4,044		2,685
Earnings (Loss)				229		318
Segment Reconciling
Segment Reporting Information [Line Items]
Stock compensation	(56)	(56)		(203)		(198)
Unallocated pension and postretirement costs	38	42		107		133
Loss on Copeland note receivable	(279)	0		(279)		0
Gain on subordinated interest	0	0		79		0
Segment Reconciling | Related Party
Segment Reporting Information [Line Items]
Interest income from related party	24	10		86		10
Corporate and other
Segment Reporting Information [Line Items]
Earnings (Loss)	(38)	(43)		(540)		(154)
Expense	5	1		42		12
Eliminations/Interest
Segment Reporting Information [Line Items]
Net sales	(15)	(16)		(51)		(52)
Interest expenses	$ (56)	$ (10)		$ (157)		$ (111)

BUSINESS SEGMENTS - Depreciatio

BUSINESS SEGMENTS - Depreciation & Amortization (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 417	$ 257	$ 1,263	$ 780
National Instruments
Segment Reporting Information [Line Items]
Amortization of intangible assets	139	105	419	317
Operating Segments | Intelligent Devices
Segment Reporting Information [Line Items]
Depreciation and amortization	109	100	333	320
Operating Segments | Software and Control
Segment Reporting Information [Line Items]
Depreciation and amortization	298	145	898	436
Operating Segments | Final Control | Intelligent Devices
Segment Reporting Information [Line Items]
Depreciation and amortization	41	39	120	129
Operating Segments | Measurement & Analytical | Intelligent Devices
Segment Reporting Information [Line Items]
Depreciation and amortization	32	26	105	84
Operating Segments | Discrete Automation | Intelligent Devices
Segment Reporting Information [Line Items]
Depreciation and amortization	22	20	65	63
Operating Segments | Safety & Productivity | Intelligent Devices
Segment Reporting Information [Line Items]
Depreciation and amortization	14	15	43	44
Operating Segments | Control Systems & Software | Software and Control
Segment Reporting Information [Line Items]
Depreciation and amortization	26	22	75	67
Operating Segments | Test & Measurement | Software and Control
Segment Reporting Information [Line Items]
Depreciation and amortization	150	0	454	0
Operating Segments | AspenTech | Software and Control
Segment Reporting Information [Line Items]
Depreciation and amortization	122	123	369	369
Corporate and other
Segment Reporting Information [Line Items]
Depreciation and amortization	$ 10	$ 12	$ 32	$ 24

BUSINESS SEGMENTS - Schedule _2

BUSINESS SEGMENTS - Schedule of Financial Information By Geographic Area (Details) - USD ($) $ in Millions	3 Months Ended		9 Months Ended
	Jun. 30, 2024	Jun. 30, 2023	Jun. 30, 2024	Jun. 30, 2023
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	$ 4,395	$ 3,962	$ 12,924	$ 11,127
Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	2,206	1,994	6,485	5,729
AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	1,312	1,211	3,859	3,318
Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	877	757	2,580	2,080
Intelligent Devices
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	2,997	2,979	8,880	8,442
Intelligent Devices | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	1,553	1,561	4,599	4,462
Intelligent Devices | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	915	900	2,706	2,512
Intelligent Devices | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	529	518	1,575	1,468
Intelligent Devices | Operating Segments | Final Control
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	1,046	1,035	3,037	2,889
Intelligent Devices | Operating Segments | Final Control | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	509	498	1,476	1,438
Intelligent Devices | Operating Segments | Final Control | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	398	399	1,172	1,069
Intelligent Devices | Operating Segments | Final Control | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	139	138	389	382
Intelligent Devices | Operating Segments | Measurement & Analytical
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	982	913	2,942	2,550
Intelligent Devices | Operating Segments | Measurement & Analytical | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	488	482	1,475	1,333
Intelligent Devices | Operating Segments | Measurement & Analytical | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	345	303	1,004	853
Intelligent Devices | Operating Segments | Measurement & Analytical | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	149	128	463	364
Intelligent Devices | Operating Segments | Discrete Automation
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	618	668	1,863	1,969
Intelligent Devices | Operating Segments | Discrete Automation | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	294	312	874	914
Intelligent Devices | Operating Segments | Discrete Automation | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	154	180	477	539
Intelligent Devices | Operating Segments | Discrete Automation | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	170	176	512	516
Intelligent Devices | Operating Segments | Safety & Productivity
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	351	363	1,038	1,034
Intelligent Devices | Operating Segments | Safety & Productivity | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	262	269	774	777
Intelligent Devices | Operating Segments | Safety & Productivity | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	18	18	53	51
Intelligent Devices | Operating Segments | Safety & Productivity | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	71	76	211	206
Software and Control
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	1,398	983	4,044	2,685
Software and Control | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	653	433	1,886	1,267
Software and Control | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	397	311	1,153	806
Software and Control | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	348	239	1,005	612
Software and Control | Operating Segments | Control Systems & Software
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	700	663	2,062	1,892
Software and Control | Operating Segments | Control Systems & Software | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	326	322	972	930
Software and Control | Operating Segments | Control Systems & Software | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	224	207	650	578
Software and Control | Operating Segments | Control Systems & Software | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	150	134	440	384
Software and Control | Operating Segments | Test & Measurement
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	355	0	1,104	0
Software and Control | Operating Segments | Test & Measurement | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	160	0	486	0
Software and Control | Operating Segments | Test & Measurement | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	98	0	295	0
Software and Control | Operating Segments | Test & Measurement | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	97	0	323	0
Software and Control | Operating Segments | AspenTech
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	343	320	878	793
Software and Control | Operating Segments | AspenTech | Americas
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	167	111	428	337
Software and Control | Operating Segments | AspenTech | AMEA
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	75	104	208	228
Software and Control | Operating Segments | AspenTech | Europe
Disaggregation of Revenue [Line Items]
Sales, excluding intersegment eliminations	$ 101	$ 105	$ 242	$ 228