(State or other jurisdiction of incorporation) | (Commission File Number) | (IRS Employer Identification No.) |
Title of each class | Trading Symbol | Name of each exchange on which registered | ||||||||||||
Item 2.02. | Results of Operations and Financial Condition. |
Item 9.01. | Financial Statements and Exhibits. |
Exhibit Number | Description | |||||||
104 | Cover Page Interactive Data File, formatted in inline XBRL. |
ROCKWELL AUTOMATION, INC. | |||||||||||
(Registrant) | |||||||||||
By | /s/ REBECCA W. HOUSE | ||||||||||
Rebecca W. House | |||||||||||
Senior Vice President, Chief People and Legal Officer and Secretary |
Exhibit Number | Description | |||||||
104 | Cover Page Interactive Data File, formatted in inline XBRL. |
Contact | Marci Pelzer Media Relations Rockwell Automation 414.382.5679 | Jessica Kourakos Investor Relations Rockwell Automation 414.382.8510 |
Guidance | Prior Guidance | ||||||||||
Reported sales growth | 11% - 15% | 16% - 19% | |||||||||
Organic sales growth | 10% - 14% | 14% - 17% | |||||||||
Inorganic sales growth | ~2.5% | ~2% | |||||||||
Currency translation | ~(1.5)% | ~0% | |||||||||
Diluted EPS | $7.60 - $8.20 | $10.01 - $10.61 | |||||||||
Adjusted EPS | $9.20 - $9.80 | $10.50 - $11.10 |
Three Months Ended March 31, | Six Months Ended March 31, | |||||||||||||||||||||||||
2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||||
Sales | ||||||||||||||||||||||||||
Intelligent Devices (a) | $ | 808.6 | $ | 850.2 | $ | 1,708.9 | $ | 1,571.9 | ||||||||||||||||||
Software & Control (b) | 534.9 | 502.3 | 1,048.8 | 943.3 | ||||||||||||||||||||||
Lifecycle Services (c) | 464.6 | 423.6 | 907.7 | 826.2 | ||||||||||||||||||||||
Total sales (d) | $ | 1,808.1 | $ | 1,776.1 | $ | 3,665.4 | $ | 3,341.4 | ||||||||||||||||||
Segment operating earnings | ||||||||||||||||||||||||||
Intelligent Devices (e) | $ | 118.2 | $ | 202.0 | $ | 331.2 | $ | 342.2 | ||||||||||||||||||
Software & Control (f) | 131.5 | 149.8 | 249.1 | 282.9 | ||||||||||||||||||||||
Lifecycle Services (g) | 33.7 | 38.3 | 58.2 | 74.3 | ||||||||||||||||||||||
Total segment operating earnings1 (h) | 283.4 | 390.1 | 638.5 | 699.4 | ||||||||||||||||||||||
Purchase accounting depreciation and amortization | (26.1) | (13.1) | (52.2) | (24.8) | ||||||||||||||||||||||
Corporate and other | (24.6) | (30.4) | (54.0) | (58.4) | ||||||||||||||||||||||
Non-operating pension and postretirement benefit cost | (21.3) | (7.0) | (16.9) | (14.0) | ||||||||||||||||||||||
Change in fair value of investments | (140.7) | 190.9 | (133.1) | 581.3 | ||||||||||||||||||||||
Legal settlement | — | — | — | 70.0 | ||||||||||||||||||||||
Interest expense, net | (29.6) | (22.8) | (58.7) | (45.1) | ||||||||||||||||||||||
Income before income taxes (i) | 41.1 | 507.7 | 323.6 | 1,208.4 | ||||||||||||||||||||||
Income tax benefit (provision) | 8.3 | (97.4) | (35.3) | (207.7) | ||||||||||||||||||||||
Net income | 49.4 | 410.3 | 288.3 | 1,000.7 | ||||||||||||||||||||||
Net loss attributable to noncontrolling interests | (4.5) | (4.7) | (7.1) | (7.6) | ||||||||||||||||||||||
Net income attributable to Rockwell Automation, Inc. | $ | 53.9 | $ | 415.0 | $ | 295.4 | $ | 1,008.3 | ||||||||||||||||||
Diluted EPS | $ | 0.46 | $ | 3.54 | $ | 2.51 | $ | 8.59 | ||||||||||||||||||
Adjusted EPS2 | $ | 1.66 | $ | 2.41 | $ | 3.79 | $ | 4.79 | ||||||||||||||||||
Average diluted shares for diluted EPS | 117.1 | 117.1 | 117.2 | 117.1 | ||||||||||||||||||||||
Segment operating margin | ||||||||||||||||||||||||||
Intelligent Devices (e/a) | 14.6 | % | 23.8 | % | 19.4 | % | 21.8 | % | ||||||||||||||||||
Software & Control (f/b) | 24.6 | % | 29.8 | % | 23.8 | % | 30.0 | % | ||||||||||||||||||
Lifecycle Services (g/c) | 7.3 | % | 9.0 | % | 6.4 | % | 9.0 | % | ||||||||||||||||||
Total segment operating margin1 (h/d) | 15.7 | % | 22.0 | % | 17.4 | % | 20.9 | % | ||||||||||||||||||
Pre-tax margin (i/d) | 2.3 | % | 28.6 | % | 8.8 | % | 36.2 | % |
Three Months Ended March 31, | Six Months Ended March 31, | |||||||||||||||||||||||||
2022 | 2021 | 2022 | 2021 | |||||||||||||||||||||||
Sales (a) | $ | 1,808.1 | $ | 1,776.1 | $ | 3,665.4 | $ | 3,341.4 | ||||||||||||||||||
Cost of sales | (1,144.0) | (1,008.7) | (2,252.2) | (1,927.5) | ||||||||||||||||||||||
Gross profit (b) | 664.1 | 767.4 | 1,413.2 | 1,413.9 | ||||||||||||||||||||||
Selling, general and administrative expenses (c) | (428.5) | (421.3) | (876.0) | (795.9) | ||||||||||||||||||||||
Change in fair value of investments1 | (140.7) | 190.9 | (133.1) | 581.3 | ||||||||||||||||||||||
Other (expense) income | (23.7) | (6.0) | (20.8) | 55.0 | ||||||||||||||||||||||
Interest expense | (30.1) | (23.3) | (59.7) | (45.9) | ||||||||||||||||||||||
Income before income taxes | 41.1 | 507.7 | 323.6 | 1,208.4 | ||||||||||||||||||||||
Income tax benefit (provision) | 8.3 | (97.4) | (35.3) | (207.7) | ||||||||||||||||||||||
Net income | 49.4 | 410.3 | 288.3 | 1,000.7 | ||||||||||||||||||||||
Net loss attributable to noncontrolling interests | (4.5) | (4.7) | (7.1) | (7.6) | ||||||||||||||||||||||
Net income attributable to Rockwell Automation, Inc. | $ | 53.9 | $ | 415.0 | $ | 295.4 | $ | 1,008.3 | ||||||||||||||||||
Gross profit as percent of sales (b/a) | 36.7 | % | 43.2 | % | 38.6 | % | 42.3 | % | ||||||||||||||||||
SG&A as percent of sales (c/a) | 23.7 | % | 23.7 | % | 23.9 | % | 23.8 | % |
March 31, 2022 | September 30, 2021 | |||||||||||||
Assets | ||||||||||||||
Cash and cash equivalents | $ | 443.0 | $ | 662.2 | ||||||||||
Receivables | 1,572.5 | 1,424.5 | ||||||||||||
Inventories | 931.2 | 798.1 | ||||||||||||
Property, net | 576.8 | 581.9 | ||||||||||||
Operating lease right-of-use assets | 347.9 | 377.7 | ||||||||||||
Goodwill and intangibles | 4,588.7 | 4,647.7 | ||||||||||||
Long-term investments | 1,272.6 | 1,363.5 | ||||||||||||
Other assets | 982.8 | 846.0 | ||||||||||||
Total | $ | 10,715.5 | $ | 10,701.6 | ||||||||||
Liabilities and Shareowners’ Equity | ||||||||||||||
Short-term debt | $ | 641.0 | $ | 509.7 | ||||||||||
Accounts payable | 932.1 | 889.8 | ||||||||||||
Long-term debt | 3,466.0 | 3,464.6 | ||||||||||||
Operating lease liabilities | 288.2 | 313.6 | ||||||||||||
Other liabilities | 2,458.3 | 2,829.8 | ||||||||||||
Shareowners' equity attributable to Rockwell Automation, Inc. | 2,632.2 | 2,389.6 | ||||||||||||
Noncontrolling interests | 297.7 | 304.5 | ||||||||||||
Total | $ | 10,715.5 | $ | 10,701.6 |
Six Months Ended March 31, | ||||||||||||||
2022 | 2021 | |||||||||||||
Operating activities: | ||||||||||||||
Net income | $ | 288.3 | $ | 1,000.7 | ||||||||||
Depreciation and amortization | 121.4 | 89.9 | ||||||||||||
Change in fair value of investments1 | 133.1 | (581.3) | ||||||||||||
Retirement benefits expense | 58.0 | 60.1 | ||||||||||||
Pension contributions | (15.8) | (18.7) | ||||||||||||
Receivables/inventories/payables | (226.5) | (155.1) | ||||||||||||
Contract liabilities | 79.4 | 63.6 | ||||||||||||
Compensation and benefits | (145.0) | 62.6 | ||||||||||||
Income taxes | (229.7) | 33.3 | ||||||||||||
Other operating activities | 15.6 | 40.3 | ||||||||||||
Cash provided by operating activities | 78.8 | 595.4 | ||||||||||||
Investing activities: | ||||||||||||||
Capital expenditures | (82.0) | (52.1) | ||||||||||||
Acquisition of businesses, net of cash acquired | (16.4) | (283.0) | ||||||||||||
Purchases of investments | (47.6) | (0.2) | ||||||||||||
Other investing activities | 1.3 | (1.4) | ||||||||||||
Cash used for investing activities | (144.7) | (336.7) | ||||||||||||
Financing activities: | ||||||||||||||
Net issuance of short-term debt | 341.3 | — | ||||||||||||
Repayment of debt | (210.0) | (0.4) | ||||||||||||
Cash dividends | (260.2) | (248.7) | ||||||||||||
Purchases of treasury stock | (51.2) | (176.9) | ||||||||||||
Proceeds from the exercise of stock options | 42.0 | 97.0 | ||||||||||||
Other financing activities | (4.4) | (10.1) | ||||||||||||
Cash used for financing activities | (142.5) | (339.1) | ||||||||||||
Effect of exchange rate changes on cash | (10.8) | 17.7 | ||||||||||||
Decrease in cash, cash equivalents, and restricted cash2 | $ | (219.2) | $ | (62.7) |
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2022 | 2021 | |||||||||||||||||||||||||||||||
Reported Sales | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales | Reported Sales | ||||||||||||||||||||||||||||
North America | $ | 1,071.6 | $ | 39.9 | $ | — | $ | 1,031.7 | $ | 1,065.7 | ||||||||||||||||||||||
EMEA | 348.9 | 0.8 | (27.5) | 375.6 | 354.8 | |||||||||||||||||||||||||||
Asia Pacific | 266.2 | — | (3.6) | 269.8 | 246.9 | |||||||||||||||||||||||||||
Latin America | 121.4 | — | (1.3) | 122.7 | 108.7 | |||||||||||||||||||||||||||
Total | $ | 1,808.1 | $ | 40.7 | $ | (32.4) | $ | 1,799.8 | $ | 1,776.1 |
Six Months Ended March 31, | ||||||||||||||||||||||||||||||||
2022 | 2021 | |||||||||||||||||||||||||||||||
Reported Sales | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales | Reported Sales | ||||||||||||||||||||||||||||
North America | $ | 2,172.3 | $ | 80.3 | $ | 3.2 | $ | 2,088.8 | $ | 1,978.0 | ||||||||||||||||||||||
EMEA | 703.6 | 0.8 | (41.0) | 743.8 | 675.5 | |||||||||||||||||||||||||||
Asia Pacific | 545.1 | — | (1.7) | 546.8 | 468.8 | |||||||||||||||||||||||||||
Latin America | 244.4 | — | (4.5) | 248.9 | 219.1 | |||||||||||||||||||||||||||
Total | $ | 3,665.4 | $ | 81.1 | $ | (44.0) | $ | 3,628.3 | $ | 3,341.4 |
Three Months Ended March 31, | ||||||||||||||||||||||||||||||||
2022 | 2021 | |||||||||||||||||||||||||||||||
Reported Sales | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales | Reported Sales | ||||||||||||||||||||||||||||
Intelligent Devices | $ | 808.6 | $ | — | $ | (16.1) | $ | 824.7 | $ | 850.2 | ||||||||||||||||||||||
Software & Control | 534.9 | 38.3 | (9.0) | 505.6 | 502.3 | |||||||||||||||||||||||||||
Lifecycle Services | 464.6 | 2.4 | (7.3) | 469.5 | 423.6 | |||||||||||||||||||||||||||
Total | $ | 1,808.1 | $ | 40.7 | $ | (32.4) | $ | 1,799.8 | $ | 1,776.1 |
Six Months Ended March 31, | ||||||||||||||||||||||||||||||||
2022 | 2021 | |||||||||||||||||||||||||||||||
Reported Sales | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales | Reported Sales | ||||||||||||||||||||||||||||
Intelligent Devices | $ | 1,708.9 | $ | — | $ | (22.1) | $ | 1,731.0 | $ | 1,571.9 | ||||||||||||||||||||||
Software & Control | 1,048.8 | 77.2 | (12.1) | 983.7 | 943.3 | |||||||||||||||||||||||||||
Lifecycle Services | 907.7 | 3.9 | (9.8) | 913.6 | 826.2 | |||||||||||||||||||||||||||
Total | $ | 3,665.4 | $ | 81.1 | $ | (44.0) | $ | 3,628.3 | $ | 3,341.4 |
Three Months Ended March 31, 2022 | ||||||||||||||||||||||||||
Reported Sales Growth | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales Growth | |||||||||||||||||||||||
North America | 0.6 | % | 3.8 | % | — | % | (3.2) | % | ||||||||||||||||||
EMEA | (1.7) | % | 0.2 | % | (7.8) | % | 5.9 | % | ||||||||||||||||||
Asia Pacific | 7.8 | % | — | % | (1.5) | % | 9.3 | % | ||||||||||||||||||
Latin America | 11.7 | % | — | % | (1.2) | % | 12.9 | % | ||||||||||||||||||
Total | 1.8 | % | 2.3 | % | (1.8) | % | 1.3 | % |
Six Months Ended March 31, 2022 | ||||||||||||||||||||||||||
Reported Sales Growth | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales Growth | |||||||||||||||||||||||
North America | 9.8 | % | 4.1 | % | 0.1 | % | 5.6 | % | ||||||||||||||||||
EMEA | 4.2 | % | 0.1 | % | (6.0) | % | 10.1 | % | ||||||||||||||||||
Asia Pacific | 16.3 | % | — | % | (0.3) | % | 16.6 | % | ||||||||||||||||||
Latin America | 11.5 | % | — | % | (2.1) | % | 13.6 | % | ||||||||||||||||||
Total | 9.7 | % | 2.4 | % | (1.3) | % | 8.6 | % |
Three Months Ended March 31, 2022 | ||||||||||||||||||||||||||
Reported Sales Growth | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales Growth | |||||||||||||||||||||||
Intelligent Devices | (4.9) | % | — | % | (1.9) | % | (3.0) | % | ||||||||||||||||||
Software & Control | 6.5 | % | 7.6 | % | (1.8) | % | 0.7 | % | ||||||||||||||||||
Lifecycle Services | 9.7 | % | 0.6 | % | (1.7) | % | 10.8 | % | ||||||||||||||||||
Total | 1.8 | % | 2.3 | % | (1.8) | % | 1.3 | % |
Six Months Ended March 31, 2022 | ||||||||||||||||||||||||||
Reported Sales Growth | Less: Effect of Acquisitions | Effect of Changes in Currency | Organic Sales Growth | |||||||||||||||||||||||
Intelligent Devices | 8.7 | % | — | % | (1.4) | % | 10.1 | % | ||||||||||||||||||
Software & Control | 11.2 | % | 8.2 | % | (1.3) | % | 4.3 | % | ||||||||||||||||||
Lifecycle Services | 9.9 | % | 0.5 | % | (1.2) | % | 10.6 | % | ||||||||||||||||||
Total | 9.7 | % | 2.4 | % | (1.3) | % | 8.6 | % |
Three Months Ended March 31, | Six Months Ended March 31, | ||||||||||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||
Service cost | $ | 20.5 | $ | 23.1 | $ | 41.1 | $ | 46.1 | |||||||||||||||
Operating pension and postretirement benefit cost | 20.5 | 23.1 | 41.1 | 46.1 | |||||||||||||||||||
Interest cost | 32.7 | 31.8 | 65.4 | 63.4 | |||||||||||||||||||
Expected return on plan assets | (59.3) | (60.7) | (118.7) | (121.1) | |||||||||||||||||||
Amortization of prior service cost (credit) | 0.6 | (1.0) | 0.4 | (2.0) | |||||||||||||||||||
Amortization of net actuarial loss | 22.4 | 37.1 | 44.9 | 74.1 | |||||||||||||||||||
Settlements | 24.9 | (0.2) | 24.9 | (0.4) | |||||||||||||||||||
Non-operating pension and postretirement benefit cost | 21.3 | 7.0 | 16.9 | 14.0 | |||||||||||||||||||
Net periodic pension and postretirement benefit cost | $ | 41.8 | $ | 30.1 | $ | 58.0 | $ | 60.1 |
Three Months Ended March 31, | Six Months Ended March 31, | ||||||||||||||||||||||
2022 | 2021 | 2022 | 2021 | ||||||||||||||||||||
Net income attributable to Rockwell Automation | $ | 53.9 | $ | 415.0 | $ | 295.4 | $ | 1,008.3 | |||||||||||||||
Non-operating pension and postretirement benefit cost | 21.3 | 7.0 | 16.9 | 14.0 | |||||||||||||||||||
Tax effect of non-operating pension and postretirement benefit cost | (5.5) | (2.0) | (4.7) | (4.0) | |||||||||||||||||||
Change in fair value of investments (1) | 140.7 | (190.9) | 133.1 | (581.3) | |||||||||||||||||||
Tax effect of change in fair value of investments (1) | (33.4) | 46.1 | (29.9) | 110.3 | |||||||||||||||||||
Purchase accounting depreciation and amortization attributable to Rockwell Automation | 23.1 | 10.1 | 46.2 | 18.8 | |||||||||||||||||||
Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation | (5.6) | (2.5) | (11.2) | (4.6) | |||||||||||||||||||
Adjusted Income | $ | 194.5 | $ | 282.8 | $ | 445.8 | $ | 561.5 | |||||||||||||||
Diluted EPS | $ | 0.46 | $ | 3.54 | $ | 2.51 | $ | 8.59 | |||||||||||||||
Non-operating pension and postretirement benefit cost | 0.19 | 0.06 | 0.15 | 0.12 | |||||||||||||||||||
Tax effect of non-operating pension and postretirement benefit cost | (0.05) | (0.02) | (0.04) | (0.03) | |||||||||||||||||||
Change in fair value of investments (1) | 1.20 | (1.63) | 1.14 | (4.96) | |||||||||||||||||||
Tax effect of change in fair value of investments (1) | (0.29) | 0.39 | (0.26) | 0.95 | |||||||||||||||||||
Purchase accounting depreciation and amortization attributable to Rockwell Automation | 0.20 | 0.09 | 0.39 | 0.16 | |||||||||||||||||||
Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation | (0.05) | (0.02) | (0.10) | (0.04) | |||||||||||||||||||
Adjusted EPS | $ | 1.66 | $ | 2.41 | $ | 3.79 | $ | 4.79 | |||||||||||||||
Effective tax rate | (20.2) | % | 19.2 | % | 10.9 | % | 17.2 | % | |||||||||||||||
Tax effect of non-operating pension and postretirement benefit cost | 15.7 | % | 0.1 | % | 0.8 | % | 0.1 | % | |||||||||||||||
Tax effect of change in fair value of investments (1) | 19.5 | % | (2.9) | % | 3.0 | % | (1.5) | % | |||||||||||||||
Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation | 1.0 | % | 0.3 | % | 0.9 | % | 0.3 | % | |||||||||||||||
Adjusted Effective Tax Rate | 16.0 | % | 16.7 | % | 15.6 | % | 16.1 | % |
Fiscal 2022 Guidance | ||||||||
Diluted EPS1 | $7.60 - $8.20 | |||||||
Non-operating pension and postretirement benefit cost | 0.17 | |||||||
Tax effect of non-operating pension and postretirement benefit cost | (0.04) | |||||||
Change in fair value of investments2 | 1.14 | |||||||
Tax effect of change in fair value of investments2 | (0.26) | |||||||
Purchase accounting depreciation and amortization attributable to Rockwell Automation | 0.78 | |||||||
Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation | (0.19) | |||||||
Adjusted EPS | $9.20 - $9.80 | |||||||
Effective tax rate | ~ 15.5% | |||||||
Tax effect of non-operating pension and postretirement benefit cost | ~ 0.5% | |||||||
Tax effect of change in fair value of investments2 | ~ 0.5% | |||||||
Tax effect of purchase accounting depreciation and amortization attributable to Rockwell Automation | ~ 0.5% | |||||||
Adjusted Effective Tax Rate | ~ 17.0% |
Quarter Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||
Jun. 30, 2020 | Sep. 30, 20201 | Dec. 31, 20202 | Mar. 31, 2021 | Jun. 30, 2021 | Sep. 30, 20213 | Dec. 31, 2021 | Mar. 31, 2022 | |||||||||||||||||||||||||||||||||||||||||||
Cash provided by (used for) operating activities | $ | 346.2 | $ | 325.8 | $ | 346.5 | $ | 248.9 | $ | 461.5 | $ | 204.1 | $ | (12.0) | $ | 90.8 | ||||||||||||||||||||||||||||||||||
Capital expenditures | (35.3) | (22.0) | (27.1) | (25.0) | (24.5) | (43.7) | (37.1) | (44.9) | ||||||||||||||||||||||||||||||||||||||||||
Free cash flow | $ | 310.9 | $ | 303.8 | $ | 319.4 | $ | 223.9 | $ | 437.0 | $ | 160.4 | $ | (49.1) | $ | 45.9 |
Quarter Ended | |||||||||||
Mar. 31, 2021 | Mar. 31, 2022 | ||||||||||
Free cash flow (a) | $ | 223.9 | $ | 45.9 | |||||||
Adjusted Income (b) | 282.8 | 194.5 | |||||||||
Free cash flow conversion (a/b) | 79 | % | 24 | % |
Twelve Months Ended | ||||||||||||||
March 31, | ||||||||||||||
2022 | 2021 | |||||||||||||
(a) Return | ||||||||||||||
Net income | $ | 631.9 | $ | 1,578.6 | ||||||||||
Interest expense | 108.4 | 97.5 | ||||||||||||
Income tax provision | 9.5 | 263.9 | ||||||||||||
Purchase accounting depreciation and amortization | 82.5 | 46.7 | ||||||||||||
Return | $ | 832.3 | $ | 1,986.7 | ||||||||||
(b) Average invested capital | ||||||||||||||
Short-term debt | $ | 361.4 | $ | 141.0 | ||||||||||
Long-term debt | 2,871.0 | 1,975.6 | ||||||||||||
Shareowners’ equity | 2,627.5 | 1,475.3 | ||||||||||||
Accumulated amortization of goodwill and intangibles | 1,008.3 | 952.3 | ||||||||||||
Cash and cash equivalents | (640.2) | (725.7) | ||||||||||||
Short-term and long-term investments | (1.8) | (0.6) | ||||||||||||
Average invested capital | $ | 6,226.2 | $ | 3,817.9 | ||||||||||
(c) Effective tax rate | ||||||||||||||
Income tax provision | 9.5 | 263.9 | ||||||||||||
Income before income taxes | $ | 641.4 | $ | 1,842.5 | ||||||||||
Effective tax rate | 1.5 | % | 14.3 | % | ||||||||||
(a) / (b) * (1-c) Return On Invested Capital | 13.2 | % | 44.6 | % |
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Document and Entity Information Statement |
May 03, 2022 |
---|---|
Cover [Abstract] | |
Document Type | 8-K |
Document Period End Date | May 03, 2022 |
Entity Registrant Name | Rockwell Automation, Inc. |
Entity Incorporation, State or Country Code | DE |
Entity File Number | 1-12383 |
Entity Tax Identification Number | 25-1797617 |
Entity Address, Address Line One | 1201 South Second Street |
Entity Address, City or Town | Milwaukee |
Entity Address, State or Province | WI |
Entity Address, Postal Zip Code | 53204 |
City Area Code | 414 |
Local Phone Number | 382-2000 |
Written Communications | false |
Soliciting Material | false |
Pre-commencement Tender Offer | false |
Pre-commencement Issuer Tender Offer | false |
Title of 12(b) Security | Common Stock ($1.00 par value) |
Trading Symbol | ROK |
Security Exchange Name | NYSE |
Entity Emerging Growth Company | false |
Entity Central Index Key | 0001024478 |
Amendment Flag | false |
-8?20$3;
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