Goodwill and Other Intangible Assets

12 Months Ended

Sep. 30, 2022

Goodwill and Intangible Assets Disclosure [Abstract]

Changes in the carrying amount of Goodwill were (in millions):


	Intelligent Devices		Software & Control		Lifecycle Services		Total
Balance as of October 1, 2020	$	535.1	$	497.3	$	617.9	$	1,650.3
Acquisition of businesses	—		1,937.3		12.8		1,950.1
Translation	8.0		12.9		4.6		25.5
Balance as of September 30, 2021	$	543.1	$	2,447.5	$	635.3	$	3,625.9
Acquisition of businesses	—		—		12.1		12.1
Translation and other	(40.1)		(48.8)		(25.1)		(114.0)
Balance as of September 30, 2022	$	503.0	$	2,398.7	$	622.3	$	3,524.0

We performed our annual evaluation of goodwill and indefinite life intangible assets for impairment during the second quarter of fiscal 2022 and concluded that these assets were not impaired. For our annual evaluation, we performed qualitative tests for our Intelligent Devices, Software & Control, and Lifecycle Services (excluding Sensia) reporting units and a quantitative test for our Sensia reporting unit. As a result of ongoing supply chain constraints and market volatility, we identified a triggering event in the fourth quarter of fiscal 2022 for our Sensia reporting unit, which required an interim quantitative impairment test. As a result of that quantitative test, we concluded that the $315.9 million of Goodwill within the Sensia reporting unit was not impaired. Refer to Note 1 for additional information on our goodwill impairment evaluations.

Other intangible assets consist of (in millions):


	September 30, 2022
	Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets
Software products	$	97.6	$	57.9	$	39.7
Customer relationships	582.7		107.2		475.5
Technology	410.8		119.3		291.5
Trademarks	70.4		19.4		51.0
Other	6.4		5.8		0.6
Total amortized intangible assets	1,167.9		309.6		858.3
Allen-Bradley® trademark not subject to amortization	43.7		—		43.7
Other intangible assets	$	1,211.6	$	309.6	$	902.0


	September 30, 2021
	Carrying Amount		Accumulated Amortization		Net
Amortized intangible assets
Software products	$	90.4	$	43.2	$	47.2
Customer relationships	595.9		75.4		520.5
Technology	420.8		71.7		349.1
Trademarks	73.8		13.3		60.5
Other	7.1		6.3		0.8
Total amortized intangible assets	1,188.0		209.9		978.1
Allen-Bradley® trademark not subject to amortization	43.7		—		43.7
Other intangible assets	$	1,231.7	$	209.9	$	1,021.8

Software products represent costs of computer software to be sold, leased, or otherwise marketed. Software products amortization expense was $9.4 million in 2022, $11.9 million in 2021, and $10.2 million in 2020. Estimated total amortization expense for all amortized intangible assets is $110.2 million in 2023, $107.1 million in 2024, $103.8 million in 2025, $102.7 million in 2026, and $95.8 million in 2027.