Other Financial Information

3 Months Ended

Dec. 31, 2014

Disclosure Text Block [Abstract]

Other Financial Information

Other Financial Information (in millions):

	Sept 30, 2014		Dec 31, 2014
Inventories
Finished products	$	741	767
Raw materials and work in process	1,316		1,354
Total	$	2,057	2,121

Property, plant and equipment, net
Property, plant and equipment, at cost	$	9,411	8,986
Less: Accumulated depreciation	5,609		5,355
Total	$	3,802	3,631

	Sept 30, 2014		Dec 31, 2014
Goodwill by business segment
Process Management	$	2,701	2,740
Industrial Automation	1,329		1,079
Network Power	2,218		2,193
Climate Technologies	500		497
Commercial & Residential Solutions	434		431
Total	$	7,182	6,940

The change in goodwill since September 30, 2014 is primarily due to classifying the power transmission solutions business (reported in the Industrial Automation segment) as held-for-sale as of December 31, 2014. See Note 11.

	Sept 30, 2014		Dec 31, 2014
Accrued expenses include the following
Employee compensation	$	705	517
Customer advanced payments	$	455	456
Product warranty	$	193	184

Other liabilities
Pension plans	$	564	551
Deferred income taxes	572		555
Postretirement plans, excluding current portion	233		232
Other	628		664
Total	$	1,997	2,002