Restructuring expense reflects costs associated with the Company’s ongoing efforts to improve operational efficiency and deploy assets globally in order to remain competitive on a worldwide basis. The Company expects fiscal 2026 restructuring expense and related costs to be approximately $185, including costs to complete actions initiated in the first nine months of the year.


	Three Months Ended June 30,					Nine Months Ended June 30,
	2025			2026		2025			2026

Control Systems & Software		$	8		6		$	19		10
Test & Measurement		—			12		3			14
Software & Systems		8			18		22			24

Sensors		2			9		5			23
Final Control		8			48		18			76
Intelligent Devices		10			57		23			99

Safety & Productivity		(1)			9		2			12

Corporate		20			3		23			6

Total		$	37		87		$	70		141

Details of the change in the liability for restructuring costs during the nine months ended June 30, 2026 follow:


	Sept 30, 2025			Expense		Utilized/Paid		June 30, 2026

Severance and benefits		$	116		123		83		156




Other		4			18		20		2
Total		$	120		141		103		158

The tables above do not include $12 and $4 of costs related to restructuring actions incurred for the three months ended June 30, 2026 and 2025, respectively, that are required to be reported in cost of sales and selling, general and administrative expenses; year-to-date amounts are $23 and $11, respectively. Corporate restructuring for the three and nine months ended June 30, 2025 includes $20 and $21, respectively, of integration-related stock compensation expense attributable to the AspenTech transaction.