Restructuring Costs

9 Months Ended

Jun. 30, 2021

Restructuring and Related Activities [Abstract]

Restructuring Costs

RESTRUCTURING COSTSRestructuring expense reflects costs associated with the Company’s ongoing efforts to improve operational efficiency and deploy assets globally in order to remain competitive on a worldwide basis. Costs incurred in the first nine months of fiscal 2021 relate to the Company's initiatives that began in the third quarter of fiscal 2019 to improve operating margins and were increased in response to the effects of the COVID-19 pandemic on demand for the Company's products. Expenses incurred in the first nine months of fiscal 2021 included costs related to workforce reductions of approximately 1,900 employees. The Company expects fiscal 2021 restructuring expense and related costs to be approximately $200, including costs to complete actions initiated in the first nine months of the year.

Restructuring expense by business segment follows:

	Three Months Ended June 30,					Nine Months Ended June 30,
	2020			2021		2020		2021
Automation Solutions		$	76		18		182		94
Climate Technologies		5			4		14		8
Tools & Home Products		4			2		12		4
Commercial & Residential Solutions		9			6		26		12
Corporate		3			4		8		5
Total		$	88		28		216		111

Details of the change in the liability for restructuring costs during the nine months ended June 30, 2021 follow:

	Sept 30, 2020			Expense		Utilized/Paid		June 30, 2021
Severance and benefits		$	176		87		95		168
Other		5			24		22		7
Total		$	181		111		117		175

The tables above do not include $6 and $4 of costs related to restructuring actions incurred for the three months ended June 30, 2020 and 2021, respectively, that are required to be reported in cost of sales and selling, general and administrative expenses; year-to-date amounts are $15 and $11, respectively.