XML 33 R23.htm IDEA: XBRL DOCUMENT v3.20.2
Business Segments
9 Months Ended
Jun. 30, 2020
Segment Reporting [Abstract]  
Business Segments BUSINESS SEGMENTS
Summarized information about the Company's results of operations by business segment follows:
 Three Months Ended June 30,Nine Months Ended June 30,
 SalesEarningsSalesEarnings
 2019  2020  2019  2020  2019  2020  2019  2020  
Automation Solutions$3,025  2,589  477  311  8,834  8,150  1,328  1,012  
Climate Technologies1,199  970  278  195  3,171  2,869  650  563  
Tools & Home Products463  357  93  58  1,390  1,219  286  233  
Commercial & Residential Solutions
1,662  1,327  371  253  4,561  4,088  936  796  
Stock compensation
(31) (51) (83) (69) 
Unallocated pension and
postretirement costs
27  12  81  37  
Corporate and other(34) (22) (95) (90) 
Eliminations/Interest(3) (2) (43) (45)  (11) (134) (116) 
     Total$4,684  3,914  767  458  13,401  12,227  2,033  1,570  

The increase in stock compensation expense for the three months ended June 30, 2020 was due to an increase in the Company's stock price.
Automation Solutions sales by major product offering are summarized below:
 Three Months Ended June 30,Nine Months Ended June 30,
 2019  2020  2019  2020  
Measurement & Analytical Instrumentation$945  735  2,730  2,381  
Valves, Actuators & Regulators941  842  2,752  2,609  
Industrial Solutions548  469  1,664  1,470  
Process Control Systems & Solutions591  543  1,688  1,690  
     Automation Solutions$3,025  2,589  8,834  8,150  

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,
2019  2020  2019  2020  
Automation Solutions$133  137  393  414  
Climate Technologies42  44  132  133  
Tools & Home Products18  20  54  58  
Commercial & Residential Solutions60  64  186  191  
Corporate and other10   30  26  
     Total$203  209  609  631  


Sales by geographic destination are summarized below:
Three Months Ended June 30,
20192020
 Automation SolutionsCommercial & Residential SolutionsTotalAutomation SolutionsCommercial & Residential SolutionsTotal
Americas$1,448  1,164  2,612  1,159  915  2,074  
Asia, Middle East & Africa970  313  1,283  893  253  1,146  
Europe607  185  792  537  159  696  
     Total$3,025  1,662  4,687  2,589  1,327  3,916  
Nine Months Ended June 30,
20192020
Automation SolutionsCommercial & Residential SolutionsTotalAutomation SolutionsCommercial & Residential SolutionsTotal
Americas$4,376  3,153  7,529  3,915  2,815  6,730  
Asia, Middle East & Africa2,721  863  3,584  2,619  765  3,384  
Europe1,737  545  2,282  1,616  508  2,124  
     Total$8,834  4,561  13,395  8,150  4,088  12,238