v3.25.1
Business Segment Information
 6 Months Ended
Mar. 31, 2025
Segment Reporting [Abstract]  
Business Segment Information Business Segment Information
Sales and operating results of our reportable segments were (in millions):
 Three Months Ended
March 31,		Six Months Ended
March 31,
 2025202420252024
Sales
Intelligent Devices$896 $974 $1,702 $1,901 
Software & Control568 569 1,097 1,173 
Lifecycle Services537 583 1,083 1,104 
Total$2,001 $2,126 $3,882 $4,178 
Segment operating earnings
Intelligent Devices$159 $161 $279 $311 
Software & Control171 146 304 298 
Lifecycle Services78 97 146 151 
Total408 404 729 760 
Purchase accounting depreciation and amortization(36)(37)(71)(73)
Corporate and other(33)(28)(71)(68)
Non-operating pension and postretirement benefit credit— 5 — 10 
Change in fair value of investments(3)3 (3)6 
Interest expense, net(37)(37)(72)(65)
Income before income taxes$299 $310 $512 $570 
Among other considerations, we evaluate performance and allocate resources based upon segment operating earnings before purchase accounting depreciation and amortization, corporate and other, non-operating pension and postretirement benefit credit, change in fair value of investments, and interest expense, net. Depending on the product, intersegment sales within a single legal entity are either at cost or cost plus a mark-up, which does not necessarily represent a market price. Sales between legal entities are at an appropriate transfer price. We allocate costs related to shared segment operating activities to the segments consistent with the methodology used by management to assess segment performance.