Other Financial Data

12 Months Ended

Sep. 30, 2023

Other Financial Data [Abstract]

Other Financial Data

OTHER FINANCIAL DATA

Items reported in earnings from continuing operations during the years ended September 30 included the following:

	2021		2022	2023
Research and development expense	$	347	385	523
Rent expense	$	199	187	210

The components of depreciation and amortization expense reported for the years ended September 30 included the following:

	2021		2022	2023
Depreciation expense	$	330	312	287
Amortization of intangibles (includes $57, $108 and $196 reported in Cost of Sales in 2021, 2022 and 2023, respectively) (a)	334		444	678
Amortization of capitalized software	98		86	86
Total	$	762	842	1,051

(a) Amortization of intangibles includes $397 and $148 related to the Heritage AspenTech acquisition for 2023 and 2022, respectively, and $14 that is reported as a restructuring related cost in 2022. Backlog amortization of $30 related to the OSI acquisition is included in 2021.

Items reported in other noncurrent assets included the following:

	2022		2023
Pension assets	$	868	995
Operating lease right-of-use assets	$	439	550
Unbilled receivables (contract assets)	$	428	559
Deferred income taxes	$	85	100
Asbestos-related insurance receivables	$	68	53

Items reported in accrued expenses included the following:

	2022		2023
Customer advances (contract liabilities)	$	751	861
Employee compensation	$	523	618
Operating lease liabilities (current)	$	128	144
Product warranty	$	84	84

Other liabilities are summarized as follows:

	2022		2023
Deferred income taxes	$	1,714	1,959
Pension and postretirement liabilities	427		435
Operating lease liabilities (noncurrent)	312		404
Asbestos litigation	205		173
Other	495		535
Total	$	3,153	3,506