OTHER FINANCIAL DATA

12 Months Ended

Sep. 30, 2024

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:

	2022		2023	2024
Research and development expense	$	385	523	781
Rent expense	$	187	210	245

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

	2022		2023	2024
Depreciation expense	$	312	287	323
Amortization of intangibles (includes $108, $196 and $197 reported in Cost of Sales in 2021, 2022 and 2023, respectively) (a)	444		678	1,274
Amortization of capitalized software	86		86	92
Total	$	842	1,051	1,689

(a) Amortization of intangibles includes $560 related to the NI acquisition in 2024, while 2024, 2023 and 2022 includes $398, $397 and $148 ($14 of which is reported as a restructuring related cost), respectively, related to the Heritage AspenTech acquisition.

Items reported in other noncurrent assets included the following:

	2023		2024
Pension assets	$	995	1,194
Operating lease right-of-use assets	$	550	692
Unbilled receivables (contract assets)	$	559	519
Deferred income taxes	$	100	64
Asbestos-related insurance receivables	$	53	37

Items reported in accrued expenses included the following:

	2023		2024
Customer advances (contract liabilities)	$	861	1,043
Employee compensation	$	618	706
Operating lease liabilities (current)	$	144	158
Product warranty	$	84	82

Other liabilities are summarized as follows:

	2023		2024
Deferred income taxes	$	1,969	2,138
Pension and postretirement liabilities	435		466
Operating lease liabilities (noncurrent)	404		511
Asbestos litigation	173		151
Other	525		574
Total	$	3,506	3,840