Revenue Recognition (Tables)

3 Months Ended

Dec. 31, 2022

Revenue from Contract with Customer [Abstract]

Disaggregation of Revenue

The following tables present the Company's revenues disaggregated by segment and by Products & Systems and Services revenue (in millions):

	Three Months Ended December 31,
	2022						2021
	Products & Systems		Services		Total		Products & Systems		Services		Total
Building Solutions North America	$	1,451	$	916	$	2,367	$	1,299	$	853	$	2,152
Building Solutions EMEA/LA	552		423		975		544		415		959
Building Solutions Asia Pacific	473		173		646		501		174		675
Global Products	2,080		—		2,080		2,076		—		2,076
Total	$	4,556	$	1,512	$	6,068	$	4,420	$	1,442	$	5,862

The following table presents further disaggregation of Global Products segment revenues by product type (in millions):

	Three Months Ended December 31,
	2022		2021
HVAC	$	1,440	$	1,483
Fire & Security	570		544
Industrial Refrigeration	70		49
Total	$	2,080	$	2,076

Contract with Customer, Asset and Liability

The following table presents the location and amount of contract balances in the Company's consolidated statements of financial position (in millions):

	Location of contract balances	December 31, 2022		September 30, 2022
Contract assets - current	Accounts receivable - net	$	2,019	$	2,020
Contract assets - noncurrent	Other noncurrent assets	83		79
Contract liabilities - current	Deferred revenue	(1,774)		(1,768)
Contract liabilities - noncurrent	Other noncurrent liabilities	(293)		(282)

Capitalized Contract Cost

The following table presents the location and amount of costs to obtain or fulfill a contract recorded in the Company's consolidated statements of financial position (in millions):

	December 31, 2022		September 30, 2022
Other current assets	$	148	$	139
Other noncurrent assets	191		174
Total	$	339	$	313