v3.25.2
BUSINESS SEGMENTS
 9 Months Ended
Jun. 30, 2025
Segment Reporting [Abstract]  
BUSINESS SEGMENTS BUSINESS SEGMENTS
As disclosed in Note 4, on March 12, 2025, Emerson completed its purchase of the remaining outstanding shares of common stock of AspenTech not already owned by the Company. As a result of the transaction, AspenTech is now a wholly owned subsidiary of the Company. AspenTech was reorganized upon completion of the transaction and now reports to Control Systems & Software leadership. AspenTech's results, which were previously reported as a separate segment, are now consolidated into the Control Systems & Software segment for all periods presented. Prior year amounts have been reclassified to conform to the current year presentation. In 2024, the Company completed the acquisition of NI on October 11, 2023. NI is now referred to as Test & Measurement and reported as a segment in the Software and Control business group.

Summarized information about the Company's results of operations by business segment follows:

 Three Months Ended June 30,Nine Months Ended June 30,
 SalesEarnings (Loss)SalesEarnings (Loss)
 2024 2025 2024 2025 2024 2025 2024 2025 
Final Control$1,046 1,116 253 267 3,037 3,165 706 770 
Measurement & Analytical982 1,014 252 246 2,942 2,992 761 796 
Discrete Automation618 649 109 118 1,863 1,844 322 333 
Safety & Productivity351 346 79 73 1,038 996 230 216 
Intelligent Devices2,997 3,125 693 704 8,880 8,997 2,019 2,115 
Control Systems & Software1,043 1,083 217 267 2,940 3,138 474 713 
Test & Measurement355 361 (88)(26)1,104 1,079 (245)(63)
Software and Control1,398 1,444 129 241 4,044 4,217 229 650 
Stock compensation
(56)(71)(203)(198)
Unallocated pension and postretirement costs38 27 107 82 
Corporate and other(38)(72)(540)(366)
Loss on Copeland note receivable(279)— (279)— 
Gain on subordinated interest— — 79 — 
Eliminations/Interest(15)(16)(56)(95)(51)(53)(157)(145)
Interest income from related party24 — 86 — 
     Total$4,380 4,553 455 734 12,873 13,161 1,341 2,138 
Stock compensation for the three and nine months ended June 30, 2025 included $24 and $30, respectively, of integration-related stock compensation expense attributable to AspenTech (of which $20 and $21, respectively, was reported as restructuring costs). Additionally, the three and nine months ended June 30, 2025 included $2 and $7, respectively, of integration-related stock compensation expense attributable to NI. Stock compensation for the three and nine months ended June 30, 2024 included $9 and $53, respectively, of integration-related stock compensation expense attributable to NI (of which $5 and $41, respectively, was reported as restructuring costs). Corporate and other for the three and nine months ended June 30, 2025 included acquisition/divestiture fees and related costs of $38 and $216, respectively. Corporate and other for the three and nine months ended June 30, 2024 included acquisition/divestiture fees and related costs of $13 and $159, respectively, while year-to-date also included acquisition-related inventory step-up amortization of $231 and a divestiture loss of $39.
Depreciation and amortization (includes intellectual property, customer relationships and capitalized software) by business segment are summarized below:
Three Months Ended June 30,Nine Months Ended June 30,
2024 2025 2024 2025 
Final Control$41 39 120 120 
Measurement & Analytical32 32 105 95 
Discrete Automation22 22 65 64 
Safety & Productivity14 15 43 45 
Intelligent Devices109 108 333 324 
Control Systems & Software148 134 444 427 
Test & Measurement150 119 454 356 
Software and Control298 253 898 783 
Corporate and other10 11 32 32 
     Total$417 372 1,263 1,139 
Test & Measurement depreciation and amortization for the three and nine months ended June 30, 2024 included backlog amortization of $34 and $102, respectively.
Sales by geographic destination, Americas, Asia, Middle East & Africa ("AMEA") and Europe, are summarized below:
Three Months Ended June 30,Three Months Ended June 30,
20242025
AmericasAMEAEurope Total AmericasAMEAEurope Total
Final Control$509 398 139 1,046 561 410 145 1,116 
Measurement & Analytical488 345 149 982 510 351 153 1,014 
Discrete Automation294 154 170 618 319 161 169 649 
Safety & Productivity262 18 71 351 265 18 63 346 
Intelligent Devices1,553 915 529 2,997 1,655 940 530 3,125 
Control Systems & Software493 299 251 1,043 537 320 226 1,083 
Test & Measurement160 98 97 355 165 96 100 361 
Software and Control653 397 348 1,398 702 416 326 1,444 
     Total$2,206 1,312 877 4,395 2,357 1,356 856 4,569 
Nine Months Ended June 30,Nine Months Ended June 30,
20242025
AmericasAMEAEuropeTotalAmericasAMEAEuropeTotal
Final Control$1,476 1,172 389 3,037 1,587 1,191 387 3,165 
Measurement & Analytical1,475 1,004 463 2,942 1,492 1,044 456 2,992 
Discrete Automation874 477 512 1,863 896 459 489 1,844 
Safety & Productivity774 53 211 1,038 766 48 182 996 
Intelligent Devices4,599 2,706 1,575 8,880 4,741 2,742 1,514 8,997 
Control Systems & Software1,400 858 682 2,940 1,516 930 692 3,138 
Test & Measurement486 295 323 1,104 496 290 293 1,079 
Software and Control1,886 1,153 1,005 4,044 2,012 1,220 985 4,217 
Total$6,485 3,859 2,580 12,924 6,753 3,962 2,499 13,214