Other Financial Information

3 Months Ended

Dec. 31, 2015

Disclosure Text Block [Abstract]

Other Financial Information

Other Financial Information (in millions):

	Sept 30, 2015		Dec 31, 2015
Inventories
Finished products	$	680	688
Raw materials and work in process	1,167		1,215
Total	$	1,847	1,903

Property, plant and equipment, net
Property, plant and equipment, at cost	$	8,931	8,905
Less: Accumulated depreciation	5,346		5,385
Total	$	3,585	3,520

Goodwill by business segment
Process Management	$	2,790	2,775
Industrial Automation	1,031		1,017
Network Power	2,144		2,126
Climate Technologies	492		490
Commercial & Residential Solutions	196		193
Total	$	6,653	6,601

The gross carrying amount of goodwill for the Company was $7,247 million and $7,299 million as of December 31, 2015 and September 30, 2015, respectively. Accumulated pretax goodwill impairment losses were $646 million at the end of both periods, all in the Network Power segment.

	Sept 30, 2015		Dec 31, 2015
Accrued expenses include the following
Employee compensation	$	597	463
Customer advanced payments	$	450	478
Product warranty	$	167	162

	Sept 30, 2015		Dec 31, 2015
Other liabilities
Pension liabilities	$	662	626
Deferred income taxes	408		453
Postretirement liabilities, excluding current portion	199		198
Other	602		533
Total	$	1,871	1,810