XML 28 R15.htm IDEA: XBRL DOCUMENT v3.21.2
Restructuring Costs
12 Months Ended
Sep. 30, 2021
Restructuring Charges [Abstract]  
Restructuring costs RESTRUCTURING COSTS
Each year the Company incurs costs to size its businesses to levels appropriate for current economic conditions and to continually improve its cost structure and operational efficiency, deploy assets globally, and remain competitive on a worldwide basis. Costs result from numerous individual actions implemented across the Company's various operating units on an ongoing basis and can include costs for moving facilities to best-cost locations, restarting plants after relocation or geographic expansion to better serve local markets, reducing forcecount or the number of facilities, exiting certain product lines, and other costs resulting from asset deployment decisions (such as contract termination costs, asset write-downs and vacant facility costs).
Restructuring expenses were $150, $284 and $95 for 2021, 2020 and 2019, respectively. The Company expects fiscal year 2022 restructuring expense to be approximately $150.
Restructuring costs by business segment follows:
2019 2020 2021 
Automation Solutions$65 232 123 
Climate Technologies20 23 15 
Tools & Home Products21 7 
Commercial & Residential Solutions27 44 22 
Corporate5 
      Total$95 284 150 

Costs incurred in 2021 relate to the Company's initiatives to improve operating margins that began in the third quarter of fiscal 2019 and were expanded in the third quarter of fiscal 2020 in response to the effects of COVID-19 on demand for the Company's products. Actions taken in 2021 included workforce reductions of approximately 3,600 positions and the exit of eight production facilities worldwide. Costs incurred in 2020 and 2019 primarily relate to the Company's initiatives to improve operating margins that began in the third quarter of fiscal 2019 and were expanded in the third quarter of fiscal 2020 in response to the effects of COVID-19 on demand for the Company's products. Expenses incurred in 2020 and 2019 included actions to exit six and two facilities, and eliminate approximately 5,400 and 1,100 positions, respectively.

The change in the liability for restructuring costs during the years ended September 30 follows:

2020 ExpenseUtilized/Paid2021 
Severance and benefits$176 112 116 172 
Other38 39 4 
     Total$181 150 155 176 

2019 ExpenseUtilized/Paid2020 
Severance and benefits$62 239 125 176 
Other45 47 
     Total$69 284 172 181 

The tables above do not include $38 and $20 of costs related to restructuring actions incurred for the year ended September 30, 2021 and 2020, respectively, that are required to be reported in cost of sales and selling, general and administrative expenses.