| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2026-09-30 | Multiple segments including Corporate; expense allocated across Software & Systems, Intelligent Devices, Safety & Productivity and Corporate | USD 141 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month restructuring expense of $141 (of which severance and benefits expense $123); liability balance $158 at June 30, 2026. Company expects fiscal 2026 restructuring expense and related costs of approximately $185, including costs to complete actions initiated in the first nine months. No employee-affected counts or announcement date disclosed; segment figures are expense allocations of one consolidated program, not separate sub-programs. | ||||
| 2026-06-30 | restructuring | in_progress | Global | All Segments | USD 141 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 restructuring expense expected to be approximately $185 million. Nine months ended June 30, 2026 expense was $141 million, including severance and benefits of $123 million and other costs of $18 million. Employee counts affected are not disclosed. | ||||
| 2026-06-30 | restructuring | in_progress | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-06-30 | restructuring | in_progress | Operating Segments [Member] / Software And Systems [Member] / Control Systems And Software [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Operating Segments [Member] / Software And Systems [Member] / Test And Measurement [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Software And Systems [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Sensors [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Intelligent Devices [Member] | USD 57,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Safety And Productivity [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 123,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | 2026-09-30 | Control Systems & Software | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2026 restructuring expense by segment; no employee count disclosed. Company expects fiscal 2026 total restructuring expense and related costs of approximately $130M. | ||||
| 2026-03-31 | restructuring | in_progress | 2026-09-30 | Test & Measurement | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2026 restructuring expense by segment; no employee count disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | 2026-09-30 | Sensors | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2026 restructuring expense by segment; no employee count disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | 2026-09-30 | Final Control | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2026 restructuring expense by segment; no employee count disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | 2026-09-30 | Safety & Productivity | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2026 restructuring expense by segment; no employee count disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | 2026-09-30 | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2026 restructuring expense by segment; no employee count disclosed. Segment table totals $53M; an additional $11M of restructuring-related costs in COGS/SG&A is not allocated by segment, bringing six-month total to $64M. | ||||
| 2026-03-31 | restructuring | in_progress | Global | All Segments | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2026 restructuring expense expected to be approximately $130 million. Q2 expense was $45 million, including $46 million for severance and benefits and $7 million for other costs. No employee headcount affected was disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | USD 45,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-03-31 | restructuring | in_progress | Operating Segments [Member] / Software And Systems [Member] / Control Systems And Software [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Operating Segments [Member] / Software And Systems [Member] / Test And Measurement [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Software And Systems [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Sensors [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Intelligent Devices [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Safety And Productivity [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Global | Various segments | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company expects fiscal 2026 restructuring expense and related costs to be approximately $100 million. Q1 expense was $9 million. | ||||
| 2025-12-31 | restructuring | in_progress | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-12-31 | restructuring | in_progress | Operating Segments [Member] / Software And Systems [Member] / Control Systems And Software [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Operating Segments [Member] / Software And Systems [Member] / Test And Measurement [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Software And Systems [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Sensors [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Intelligent Devices [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Safety And Productivity [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2,100 | Worldwide | All segments and Corporate | USD 136 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 activity only: workforce reductions of approximately 2,100 positions and exit of thirteen production facilities and sales offices worldwide; $136 restructuring expense recognized in 2025, with $120 of the liability unpaid at year-end. Includes $22 of AspenTech integration-related stock compensation and $3 attributable to NI. Company expects approximately $100 of restructuring and related costs in fiscal 2026. | |||
| 2025-09-30 | acquisition_addition | completed | 2025-03-12 | 2025-03-12 | Global | Control Systems & Software (AspenTech) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of remaining AspenTech shares for approximately $7.2 billion completed March 12, 2025; headcount added through the transaction is not disclosed in the filing | |||
| 2025-09-30 | restructuring | completed | 2,250 | Global | Multiple segments | USD 228 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in 2024 included workforce reductions of approximately 2,250 positions and exit of 22 facilities. Total restructuring costs were $228 million. | |||
| 2025-09-30 | acquisition_addition | completed | 2023-10-11 | Global | Test & Measurement | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of National Instruments Corporation completed October 11, 2023. Headcount not explicitly disclosed. | ||||
| 2025-09-30 | divestiture_reduction | completed | 2023-03-31 | Russia | Multiple | USD 47 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Divestiture of Metran, Russia-based manufacturing subsidiary, completed March 31, 2023. Pretax loss of $47 million recognized. Headcount not explicitly disclosed. | |||
| 2025-09-30 | restructuring | completed | 2,100 | 2024-10-01 | 2025-09-30 | Global | Various | USD 136 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in 2025 included workforce reductions of approximately 2,100 positions and exit of 13 production facilities and sales offices worldwide. Restructuring expenses were $136 million. | |
| 2025-09-30 | acquisition_addition | completed | 2025-03-12 | 2025-03-12 | Global | Control Systems & Software | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Emerson completed purchase of remaining outstanding shares of AspenTech. Headcount added not explicitly disclosed. | |||
| 2025-09-30 | restructuring | completed | 2,100 | 2024-10-01 | 2025-09-30 | Worldwide | Various | USD 136 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions taken in 2025 included workforce reductions of approximately 2,100 positions and exit of 13 production facilities and sales offices worldwide. Restructuring expense was $136 million. | |
| 2025-09-30 | acquisition_addition | completed | 2025-03-12 | 2025-03-12 | Global | Control Systems & Software | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Completed purchase of remaining outstanding shares of AspenTech. Headcount added not explicitly disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2,100 | USD 136,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Intelligent Devices [Member] | USD 55,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test & Measurement [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Software and Control [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 41,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / AspenTech [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / National Instruments [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 120,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Consolidated; charges reported across Intelligent Devices segments, Software and Control segments, and Corporate | USD 37 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring expense of $37M in Q3 FY2025 and $70M YTD; company expects FY2025 restructuring expense and related costs of approximately $140M, including costs to complete actions initiated in the first nine months. No employee counts, severance headroom detail, or completion dates disclosed. Corporate portion includes integration-related stock compensation from the AspenTech transaction ($20M in Q3, $21M YTD). | |||||
| 2025-06-30 | restructuring | in_progress | Global | Corporate | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $20 million of integration-related stock compensation expense attributable to the AspenTech transaction for the three months ended June 30, 2025. | ||||
| 2025-06-30 | restructuring | in_progress | Global | Corporate | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $21 million of integration-related stock compensation expense attributable to the AspenTech transaction for the nine months ended June 30, 2025. | ||||
| 2025-06-30 | restructuring | in_progress | Global | Various Segments | USD 37 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total restructuring expense for the three months ended June 30, 2025. Breakdown: Final Control $3M, Measurement & Analytical $2M, Discrete Automation $6M, Safety & Productivity $(1)M, Intelligent Devices $10M, Control Systems & Software $7M, Test & Measurement $0M, Corporate $20M. | ||||
| 2025-06-30 | restructuring | in_progress | Global | Various Segments | USD 70 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total restructuring expense for the nine months ended June 30, 2025. Breakdown: Final Control $6M, Measurement & Analytical $5M, Discrete Automation $17M, Safety & Productivity $0M, Intelligent Devices $28M, Control Systems & Software $16M, Test & Measurement $3M, Corporate $23M. | ||||
| 2025-06-30 | restructuring | in_progress | USD 37,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test and Measurement [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Software and Control [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / National Instruments [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / AspenTech [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 58,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Global | Multiple segments including Final Control, Measurement & Analytical, Discrete Automation, Intelligent Devices, Control Systems & Software, Test & Measurement, and Corporate | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD restructuring expense of $32M for six months ended March 31, 2025; $21M in Q2. Company expects FY2025 restructuring expense of approximately $140M. No employee headcount affected disclosed. Restructuring liability balance of $90M at March 31, 2025. | ||||
| 2025-03-31 | acquisition_addition | completed | 2025-03-12 | 2025-03-12 | Global | Control Systems & Software | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed purchase of remaining AspenTech shares for approximately $7.2B on March 12, 2025. AspenTech became wholly owned subsidiary; no headcount added disclosed. | |||
| 2025-03-31 | restructuring | in_progress | Global | Corporate and various segments | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2025 expense of $21M. Includes $1M integration-related stock compensation for AspenTech. Total YTD expense $32M. | ||||
| 2025-03-31 | acquisition_addition | completed | 2025-03-12 | 2025-03-12 | Global | Control Systems & Software | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed purchase of remaining AspenTech shares. Headcount not disclosed. | |||
| 2025-03-31 | restructuring | in_progress | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test and Measurement [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Software and Control [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / AspenTech [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | AspenTech [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2025-09-30 | Company-wide (segments include Final Control, Measurement & Analytical, Discrete Automation, Intelligent Devices, Software and Control, Corporate) | USD 110 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2025 restructuring expense and related costs expected to be approximately $110 million; Q1 FY2025 charge was $11 million (plus $2 million reported in SG&A). Severance liability rolled from $112M to $95M with $28M utilized/paid. No employee counts disclosed. | ||||
| 2024-12-31 | acquisition_addition | announced | 2025-01-27 | 2025-06-30 | AspenTech (Software and Control) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire the ~43% of AspenTech not already owned (Emerson owns ~57%) via all-cash tender offer at $265/share, ~$7.2 billion; expected to close in H1 calendar 2025. No headcount added disclosed. | ||||
| 2024-12-31 | other | announced | 2024-11-05 | Safety & Productivity | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced it is exploring strategic alternatives, including a cash sale, for the Safety & Productivity segment; potential divestiture with workforce implications, but no employee counts or timing disclosed. | |||||
| 2024-12-31 | restructuring | in_progress | Global | Corporate and Business Segments | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Fiscal 2025 restructuring expense expected to be approximately $110 million. Q1 expense was $11 million, including costs to complete actions initiated in the first three months. | ||||
| 2024-12-31 | acquisition_addition | completed | 2024-11-15 | 2024-11-15 | Global | Software and Control (AspenTech) | USD 46 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | AspenTech acquired Open Grid Systems Limited for $46 million. Headcount not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Intelligent Devices [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test and Measurement [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / AspenTech [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Software and Control [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2,250 | Worldwide | Multiple segments and Corporate | USD 228 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2024 activity only: approximately 2,250 workforce reductions plus exit of 22 production facilities and sales offices. Charge excludes $16 of restructuring costs reported in cost of sales and SG&A. $112 restructuring liability remains at year-end. Corporate portion includes $43 of NI integration-related stock compensation. | |||
| 2024-09-30 | acquisition_addition | completed | 2023-04-12 | 2023-10-11 | Global | Test & Measurement (Software and Control) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of National Instruments completed within FY2024; total purchase consideration $8,653 million. Headcount added not disclosed. | |||
| 2024-09-30 | divestiture_reduction | completed | Not disclosed | Final Control | USD 48 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two small businesses divested during FY2024 with a pretax loss of $48 ($50 after-tax). Headcount removed not disclosed. | ||||
| 2024-09-30 | divestiture_reduction | announced | 2024-11-05 | Global | Safety & Productivity | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post fiscal year-end: Company announced it is exploring strategic alternatives, including a cash sale, for the Safety & Productivity segment. No assurance a transaction will occur. | ||||
| 2024-09-30 | restructuring | completed | 2,250 | Global | Various | USD 228 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions of approximately 2,250 positions and exit of 22 production facilities and sales offices worldwide in 2024. Total restructuring expense was $228 million. | |||
| 2024-09-30 | restructuring | in_progress | 2,250 | USD 228,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Intelligent Devices [Member] | USD 80,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test & Measurement [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / AspenTech [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Software and Control [Member] | USD 97,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 51,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] / National Instruments [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 191,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 37,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Global | Multiple segments and Corporate | USD 170 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 30, 2024 restructuring expense of $170 million across segments; company expects fiscal 2024 restructuring expense and related costs of approximately $250 million. No employee counts disclosed. | ||||
| 2024-06-30 | acquisition_addition | completed | 2023-10-11 | 2023-10-11 | Global | Test & Measurement (Software and Control) | USD 8,653 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | National Instruments acquisition completed October 11, 2023; total purchase consideration $8,653 million. No headcount added disclosed. | ||
| 2024-06-30 | divestiture_reduction | announced | 2024-06-06 | 2024-08-31 | Global | Copeland (40% non-controlling equity interest and note receivable) | USD 279 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreements to sell 40% equity interest for $1.5 billion and note receivable for $1.9 billion; pretax loss of $279 million recorded. No headcount impact disclosed. | ||
| 2024-06-30 | restructuring | in_progress | Global | Corporate | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring for Q3 2024 comprised almost entirely of integration-related stock compensation expense attributable to NI. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Test & Measurement | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Test & Measurement segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Intelligent Devices | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Intelligent Devices segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Discrete Automation | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Discrete Automation segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Final Control | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Final Control segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Measurement & Analytical | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Measurement & Analytical segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Control Systems & Software | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Control Systems & Software segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | Global | Safety & Productivity | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Safety & Productivity segment in Q3 2024. | ||||
| 2024-06-30 | restructuring | in_progress | USD 57,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test and Measurement [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / AspenTech [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Software and Control [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Segment Reporting, Reconciling Item, Corporate Nonsegment [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 142,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | National Instruments [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 2024-09-30 | Multiple segments and Corporate (Final Control, Measurement & Analytical, Discrete Automation, Safety & Productivity, Intelligent Devices, Software and Control, Corporate) | USD 113 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring expense of $30 in Q2 and $113 YTD; company expects approximately $230 of fiscal 2024 restructuring expense and related costs. No employee counts disclosed; severance liability roll-forward shows $113 expense and $115 utilized/paid YTD, ending balance $85. | ||||
| 2024-03-31 | divestiture_reduction | completed | Final Control | USD 39 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Small business divested in Final Control segment during Q2 fiscal 2024 with a non-cash loss of $39; no headcount impact disclosed. | |||||
| 2024-03-31 | restructuring | in_progress | Corporate | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 corporate restructuring expense of $11M, comprised almost entirely of integration-related stock compensation expense attributable to NI. | |||||
| 2024-03-31 | restructuring | in_progress | Test & Measurement | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring expense for Test & Measurement segment. | |||||
| 2024-03-31 | restructuring | in_progress | Intelligent Devices | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring expense for Intelligent Devices segment. | |||||
| 2024-03-31 | restructuring | in_progress | Discrete Automation | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring expense for Discrete Automation segment. | |||||
| 2024-03-31 | restructuring | in_progress | Control Systems & Software | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring expense for Control Systems & Software segment. | |||||
| 2024-03-31 | restructuring | in_progress | Measurement & Analytical | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring expense for Measurement & Analytical segment. | |||||
| 2024-03-31 | restructuring | in_progress | Safety & Productivity | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring expense for Safety & Productivity segment. | |||||
| 2024-03-31 | restructuring | in_progress | Final Control | USD -7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2024 restructuring benefit for Final Control segment. | |||||
| 2024-03-31 | restructuring | in_progress | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD -7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test and Measurement [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / AspenTech [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Software and Control [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 95,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | National Instruments [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Enterprise-wide; Q1 expense allocated to Test & Measurement $40M, Corporate $26M, Intelligent Devices $16M, Discrete Automation $10M, Final Control $3M, Measurement & Analytical $3M, Control Systems & Software $1M | USD 83 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing operational-efficiency program; no employee counts, announcement date or completion date disclosed. Q1 FY2024 restructuring expense of $83M excludes $4M of restructuring costs reported in cost of sales (MD&A shows total restructuring and related costs of $87M). Company expects FY2024 restructuring expense and related costs of approximately $250M, including completion of actions initiated in Q1. Corporate portion of $26M is integration-related stock compensation attributable to the National Instruments acquisition. Restructuring liability: $87M at 2023-09-30, expense $83M, utilized/paid $59M, $111M at 2023-12-31. | |||||
| 2023-12-31 | acquisition_addition | completed | 2023-10-11 | Software and Control — new Test & Measurement segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of National Instruments Corporation completed 2023-10-11 for total purchase consideration of $8,653M; headcount added not disclosed. Announcement date not stated in this filing. Q1 results attributable to NI: sales of $382M and net loss of $326M; NI had revenues of approximately $1.7B for the 12 months ended 2023-09-30. | |||||
| 2023-12-31 | restructuring | in_progress | Global | Corporate | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring comprised entirely of integration-related stock compensation expense attributable to NI. | ||||
| 2023-12-31 | restructuring | in_progress | Global | Test & Measurement | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs associated with the National Instruments acquisition. | ||||
| 2023-12-31 | restructuring | in_progress | Global | Intelligent Devices | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Intelligent Devices segment. | ||||
| 2023-12-31 | restructuring | in_progress | Global | Discrete Automation | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Discrete Automation segment. | ||||
| 2023-12-31 | restructuring | in_progress | Global | Final Control | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Final Control segment. | ||||
| 2023-12-31 | restructuring | in_progress | Global | Measurement & Analytical | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Measurement & Analytical segment. | ||||
| 2023-12-31 | restructuring | in_progress | Global | Control Systems & Software | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs for Control Systems & Software segment. | ||||
| 2023-12-31 | restructuring | in_progress | USD 83,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Intelligent Devices [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Test and Measurement [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / AspenTech [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Software and Control [Member] | USD 41,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 79,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 700 | Worldwide | Multiple segments (Measurement & Analytical, Final Control, Discrete Automation, Control Systems & Software, Corporate) | USD 72 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2023 activity: workforce reductions of approximately 700 positions and exit of ten production facilities worldwide. Restructuring expense of $72M excludes an additional $20M of restructuring-related costs reported in cost of sales and SG&A; restructuring liability of $87M remained at year-end. Prior-year (FY2022) actions of 2,150 positions and seven facility exits excluded. | |||
| 2023-09-30 | divestiture_reduction | completed | 2022-10-31 | United States | InSinkErator (food waste disposers) — discontinued operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of InSinkErator to Whirlpool completed October 31, 2022 (within FY2023) for $3.0B; pretax gain of approximately $2.8B. Headcount removed not disclosed. | ||||
| 2023-09-30 | divestiture_reduction | completed | 2023-03-31 | Russia | Metran manufacturing subsidiary | USD 47 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture of Russia-based subsidiary completed March 31, 2023; pretax loss of $47M recognized on exit of Russian operations. Headcount removed not disclosed; Russia historically represented about 2.0 percent of consolidated sales. | |||
| 2023-09-30 | divestiture_reduction | completed | 2023-05-31 | United States | Climate Technologies (Copeland) — discontinued operations | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of majority stake in Climate Technologies to Blackstone funds completed May 31, 2023 in a $14.0B transaction; business deconsolidated (2022 net sales approximately $5.0B). Headcount removed not disclosed. | ||||
| 2023-09-30 | acquisition_addition | completed | Not disclosed | Measurement & Analytical (Flexim) and Discrete Automation (Afag) | USD 705 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two businesses acquired during FY2023 for $705M net of cash acquired; headcount added not disclosed. Charge value shown is purchase price, not a severance or restructuring charge. | ||||
| 2023-09-30 | acquisition_addition | completed | 2023-04-12 | 2023-10-11 | United States | National Instruments (to be reported as Test & Measurement segment in Software and Control business group) | USD 8,200 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition closed October 11, 2023 at $8.2B equity value ($60 per share); NI had revenues of approximately $1.7B and pretax earnings of approximately $170M for the 12 months ended September 30, 2023. Headcount added not disclosed; charge value shown is equity value, not a severance charge. | ||
| 2023-09-30 | restructuring | completed | 700 | 2023-01-01 | 2023-09-30 | Worldwide | Various | USD 72 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions in 2023 included workforce reductions of approximately 700 positions and exit of ten production facilities. | |
| 2023-09-30 | divestiture_reduction | completed | 2023-05-31 | 2023-05-31 | Global | Climate Technologies | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of majority stake in Climate Technologies (Copeland) completed May 31, 2023. Employee count not explicitly disclosed. | |||
| 2023-09-30 | divestiture_reduction | completed | 2022-10-31 | 2022-10-31 | Global | InSinkErator | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Divestiture of InSinkErator completed Oct 31, 2022. Employee count not explicitly disclosed. | |||
| 2023-09-30 | reduction_in_force | completed | 2023-03-31 | 2023-03-31 | Russia | Metran | USD 47 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Divestiture of Metran, Russia-based manufacturing subsidiary. Pretax loss of $47 million recognized. Employee count not explicitly disclosed. | ||
| 2023-09-30 | restructuring | completed | 700 | 2023-01-01 | 2023-09-30 | Worldwide | Various | USD 72 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Workforce reductions of approximately 700 positions and exit of ten production facilities worldwide in 2023. Restructuring expense of $72 million. | |
| 2023-09-30 | acquisition_addition | completed | 2023-10-11 | 2023-10-11 | Global | Software and Control | subsequent_events f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of National Instruments Corporation completed October 11, 2023. Headcount not disclosed. | |||
| 2023-09-30 | restructuring | in_progress | 700 | USD 72,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Final Control [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Operating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Intelligent Devices [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / AspenTech [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Operating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Software and Control [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Cost of Sales And Selling and General Administrative Expenses [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-06-30 | divestiture_reduction | completed | 2023-05-31 | 2023-05-31 | Global | Climate Technologies (Copeland) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of majority stake in Climate Technologies to Blackstone; no headcount disclosed. | |||
| 2023-06-30 | divestiture_reduction | completed | 2022-10-31 | 2022-10-31 | United States | InSinkErator | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of InSinkErator to Whirlpool; no headcount disclosed. | |||
| 2023-06-30 | divestiture_reduction | completed | 2023-03-31 | 2023-03-31 | Russia | Metran | USD 47 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed divestiture of Metran, Russia-based subsidiary; pretax loss of $47 recognized; no headcount disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2023-09-30 | Global | Multiple segments | USD 110 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2023 restructuring expense expected to be approximately $110 million; no employee counts disclosed. | |||
| 2023-06-30 | acquisition_addition | announced | 2023-04-12 | 2023-12-31 | United States | National Instruments | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pending acquisition of NI approved by shareholders 2023-06-29; expected close in H1 FY2024; no headcount disclosed. | |||
| 2023-06-30 | restructuring | in_progress | Global | Various segments | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2023 restructuring expense of $12M. Total YTD expense $41M. Expected total fiscal 2023 expense approx $110M. Employee counts not disclosed. | ||||
| 2023-06-30 | divestiture_reduction | completed | 2023-05-31 | Global | Climate Technologies | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of majority stake in Climate Technologies (Copeland) completed May 31, 2023. Headcount removed not explicitly quantified. | ||||
| 2023-06-30 | divestiture_reduction | completed | 2022-10-31 | Global | InSinkErator | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of InSinkErator completed Oct 31, 2022. Headcount removed not explicitly quantified. | ||||
| 2023-06-30 | divestiture_reduction | completed | 2023-03-31 | Russia | Metran | USD 47 (millions) | acquisitions_and_divestitures_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed divestiture of Metran, Russia-based manufacturing subsidiary, in Q1 FY2023. Pretax loss of $47M recognized. Headcount not quantified. | |||
| 2023-06-30 | restructuring | in_progress | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-06-30 | restructuring | in_progress | Measurement & Analytical [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Final Control [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Discrete Automation [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Safety & Productivity [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Intelligent Devices [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | AspenTech [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Control Systems & Software [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Software and Control [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | 2023-09-30 | Global | Multiple segments and Corporate | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing restructuring program; $19M charge in Q2, $29M YTD; FY2023 expected total ~$90M. Severance liability $109M at quarter-end. No employee counts disclosed. | |||
| 2023-03-31 | divestiture_reduction | completed | 2023-03-31 | Russia | Metran (manufacturing subsidiary) | USD 47 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of Metran completed 2023-03-31; pretax loss of $47M recognized in Q1 FY2023 for Russia business exit. No headcount disclosed. | |||
| 2023-03-31 | divestiture_reduction | announced | 2022-10-31 | 2023-06-30 | Global | Climate Technologies | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of majority stake to Blackstone in $14.0B transaction; expected to close Q3 FY2023. No workforce impact quantified. | |||
| 2023-03-31 | acquisition_addition | announced | 2023-04-12 | 2024-03-31 | United States | National Instruments Corporation | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire NI for $60/share ($8.2B equity value); announced after quarter-end. No headcount disclosed. | |||
| 2023-03-31 | restructuring | in_progress | Global | Various segments (Final Control, Measurement & Analytical, Discrete Automation, Safety & Productivity, Intelligent Devices, Control Systems & Software, AspenTech, Corporate) | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2023 restructuring expense of $19M. Employee count not disclosed. | ||||
| 2023-03-31 | restructuring | in_progress | Global | Various segments | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2023 restructuring expense of $29M. Employee count not disclosed. | ||||
| 2023-03-31 | divestiture_reduction | completed | 2022-10-31 | 2022-10-31 | Global | InSinkErator | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of InSinkErator business completed Oct 31, 2022. Headcount removed not disclosed. | |||
| 2023-03-31 | divestiture_reduction | completed | 2023-03-31 | 2023-03-31 | Russia | Metran | USD 47 (millions) | other_deductions_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of Russia-based manufacturing subsidiary Metran. Pretax loss of $47M recognized. Headcount removed not disclosed. | ||
| 2023-03-31 | acquisition_addition | completed | 2022-05-16 | 2022-05-16 | Global | AspenTech | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Heritage AspenTech completed May 16, 2022. Headcount added not disclosed. | |||
| 2023-03-31 | restructuring | in_progress | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-03-31 | restructuring | in_progress | Measurement & Analytical [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Final Control [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Discrete Automation [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Safety & Productivity [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Intelligent Devices [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | AspenTech [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Control Systems & Software [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Software and Control [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Global | Multiple segments and Corporate | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2023 restructuring expense of $10M; full-year FY2023 expected at approximately $90M. No employee headcount affected disclosed. Restructuring liability roll-forward: $122M at Sept 30, 2022 to $120M at Dec 31, 2022. | ||||
| 2022-12-31 | divestiture_reduction | completed | 2022-10-31 | 2022-10-31 | United States | InSinkErator (food waste disposers) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of InSinkErator to Whirlpool Corporation for $3.0 billion completed October 31, 2022. No headcount disclosed. | |||
| 2022-12-31 | divestiture_reduction | announced | 2022-10-31 | 2023-06-30 | Global | Climate Technologies (HVAC, refrigeration) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell majority stake to Blackstone in $14.0B transaction; expected close H1 calendar 2023. Business had fiscal 2022 net sales of ~$5.0B. No headcount disclosed. | |||
| 2022-12-31 | divestiture_reduction | in_progress | 2022-05-04 | Russia | Metran (Russia-based manufacturing subsidiary) | USD 47 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of Russia operations; agreement to sell Metran to local management announced Sept 27, 2022. Pretax loss of $47M ($0.08/share) recognized in Q1 FY2023. Subject to regulatory and government approvals. No headcount disclosed. | |||
| 2022-12-31 | acquisition_addition | completed | 2022-05-16 | 2022-05-16 | Global | AspenTech (industrial software) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Heritage AspenTech combination closed May 16, 2022; Emerson owns 55% fully diluted. Total purchase consideration $11,188M. No headcount added disclosed. | |||
| 2022-12-31 | restructuring | in_progress | Global | Corporate and other | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company expects fiscal 2023 restructuring expense and related costs to be approximately $90 million. Q1 expense was $10 million, primarily in Corporate. | ||||
| 2022-12-31 | divestiture_reduction | completed | 2022-10-31 | 2022-10-31 | Global | Discontinued Operations (InSinkErator) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed divestiture of InSinkErator business to Whirlpool Corporation. Headcount impact not explicitly quantified. | |||
| 2022-12-31 | divestiture_reduction | completed | 2022-05-31 | 2022-05-31 | Global | Discontinued Operations (Therm-O-Disc) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed divestiture of Therm-O-Disc business. Headcount impact not explicitly quantified. | |||
| 2022-12-31 | other | in_progress | 2022-09-27 | Russia | Corporate and other | USD 47 (millions) | other_deductions_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of business operations in Russia, including divestiture of Metran subsidiary. Recognized pretax loss of $47 million. Headcount impact not explicitly quantified. | |||
| 2022-12-31 | restructuring | in_progress | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-12-31 | restructuring | in_progress | Final Control [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Measurement & Analytical [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Discrete Automation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Safety & Productivity [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Intelligent Devices [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Control Systems & Software [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | AspenTech [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Software and Control [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Employee Severance [Member] | USD -2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | completed | 2,200 | 2022-09-30 | Worldwide | All segments | USD 86 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2022 activity: approximately 2,200 positions eliminated and eight production facilities exited worldwide; restructuring expense of $86 million for the year. | ||
| 2022-09-30 | divestiture_reduction | completed | 2022-05-04 | 2022-09-27 | Russia | Automation Solutions (Metran subsidiary) | USD 181 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Intention to exit Russia operations announced May 4, 2022; agreement to sell Metran to local management announced September 27, 2022. Pretax loss of $181 million ($190 after-tax). Headcount not disclosed; Russia sales were approximately 1.5% of consolidated annual sales. | ||
| 2022-09-30 | divestiture_reduction | completed | 2022-05-31 | United States | Climate Technologies (Therm-O-Disc) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed May 31, 2022 to an affiliate of One Rock Capital Partners; pretax gain of $486 million recognized. Headcount not disclosed. | ||||
| 2022-09-30 | acquisition_addition | completed | 2022-05-16 | Worldwide | AspenTech segment | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Combination with Heritage AspenTech closed May 16, 2022; Emerson owns 55% of AspenTech. Headcount added not disclosed; AspenTech represented 36% of consolidated total assets. | ||||
| 2022-09-30 | divestiture_reduction | completed | 2022-08-01 | 2022-10-31 | Worldwide | Tools & Home Products (InSinkErator) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture of InSinkErator to Whirlpool completed October 31, 2022 for $3.0 billion; business had fiscal 2022 net sales of $630 million. Classified as held-for-sale at September 30, 2022. Headcount not disclosed. | |||
| 2022-09-30 | divestiture_reduction | announced | 2022-10-31 | 2023-06-30 | Worldwide | Climate Technologies | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell majority stake in Climate Technologies to Blackstone at a $14.0 billion valuation; Emerson retains 45% non-controlling interest. Expected to close in first half of calendar 2023. Business had fiscal 2022 net sales of approximately $5.0 billion. Headcount not disclosed. | |||
| 2022-09-30 | restructuring | completed | 2,200 | 2022-01-01 | 2022-09-30 | Worldwide | Various | USD 86 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions included workforce reductions of approximately 2,200 positions and exit of eight production facilities. | |
| 2022-09-30 | plant_closure | completed | 2022-05-04 | 2022-09-27 | Russia | Automation Solutions | USD 181 (millions) | subsequent_events f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of business operations in Russia and divestiture of Metran subsidiary. Pretax loss of $181 million. | ||
| 2022-09-30 | restructuring | completed | 3,600 | Worldwide | USD 150 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions taken in 2021 included workforce reductions of approximately 3,600 positions and the exit of eight production facilities worldwide. Total restructuring costs incurred were $150 million. | ||||
| 2022-09-30 | restructuring | completed | 2,200 | 2022-10-01 | 2022-09-30 | Worldwide | Various | USD 86 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions taken in 2022 included workforce reductions of approximately 2,200 positions and the exit of eight production facilities worldwide. Total restructuring expense for 2022 was $86 million. | |
| 2022-09-30 | divestiture_reduction | completed | 2022-05-31 | 2022-05-31 | Global | Climate Technologies | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Divestiture of Therm-O-Disc sensing and protection technologies business completed on May 31, 2022. Employee count not disclosed. | |||
| 2022-09-30 | divestiture_reduction | completed | 2022-10-31 | 2022-10-31 | Global | Tools & Home Products | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Divestiture of InSinkErator business completed on October 31, 2022. Employee count not disclosed. | |||
| 2022-09-30 | divestiture_reduction | completed | 2022-09-27 | 2022-09-27 | Russia | Automation Solutions | USD 181 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of business operations in Russia and divestiture of Metran. Pretax loss of $181 million recognized. Employee count not disclosed. | ||
| 2022-09-30 | acquisition_addition | completed | 2022-05-16 | 2022-05-16 | Global | AspenTech | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Combination with Heritage AspenTech to create New AspenTech. Employee count not disclosed. | |||
| 2022-09-30 | acquisition_addition | completed | 2022-01-01 | 2022-09-30 | Global | Automation Solutions and AspenTech | USD 130 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired three other businesses in 2022 for $130 million net of cash. Employee count not disclosed. | ||
| 2022-09-30 | restructuring | in_progress | 2,200 | USD 86,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Automation Solutions [Member] | USD 52,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | AspenTech [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Cost of Sales And Selling and General Administrative Expenses [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 1,400 | 2022-09-30 | Multiple segments (Automation Solutions, AspenTech, Climate Technologies, Tools & Home Products, Commercial & Residential Solutions, Corporate) | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,400 employees affected by workforce reductions in the first nine months of fiscal 2022. Charge shown is the nine-month restructuring expense per the segment table; an additional $26 of restructuring-related costs sit in cost of sales and SG&A. Company expects full-year fiscal 2022 restructuring expense and related costs of approximately $150 million. | |||
| 2022-06-30 | divestiture_reduction | in_progress | 2022-05-04 | Russia | Automation Solutions (Metran manufacturing subsidiary) | USD 162 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Emerson announced intention to exit Russia operations and divest Metran. Pretax loss of $162 ($174 after-tax) recognized in Q3 fiscal 2022, primarily non-cash. Russia represented approximately 1.5% of consolidated annual sales. | |||
| 2022-06-30 | acquisition_addition | completed | 2022-05-16 | 2022-05-16 | AspenTech segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed acquisition of Aspen Technology creating New AspenTech (Emerson 55% / former AspenTech holders 45%). Headcount added not disclosed. Q3 fiscal 2022 AspenTech segment sales of $239 million. | ||||
| 2022-06-30 | divestiture_reduction | completed | 2022-05-31 | 2022-05-31 | Climate Technologies (Therm-O-Disc sensing and protection technologies) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture to affiliate of One Rock Capital Partners. Pretax gain of $483 ($428 after-tax, $0.72 per share). Employees removed not disclosed. | ||||
| 2022-06-30 | divestiture_reduction | announced | 2022-08-08 | Tools & Home Products (InSinkErator food waste disposers) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell InSinkErator to Whirlpool Corporation for $3.0 billion, announced after quarter close. Expected to close in fiscal 2023 subject to regulatory approvals. Assets classified as held-for-sale at June 30, 2022. Employees affected not disclosed. | |||||
| 2022-06-30 | restructuring | in_progress | 1,400 | Global | Various | USD 50 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenses incurred in the first nine months of fiscal 2022 included costs related to workforce reductions of approximately 1,400 employees. Total YTD expense was $50 million. | |||
| 2022-06-30 | acquisition_addition | completed | 2022-05-16 | 2022-05-16 | Global | AspenTech | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed acquisition of AspenTech on May 16, 2022. Headcount added not explicitly disclosed. | |||
| 2022-06-30 | divestiture_reduction | completed | 2022-05-31 | 2022-05-31 | Global | Climate Technologies | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed divestiture of Therm-O-Disc sensing and protection technologies business on May 31, 2022. Headcount removed not explicitly disclosed. | |||
| 2022-06-30 | other | completed | 2022-05-04 | Russia | Automation Solutions | USD 162 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced intention to exit business operations in Russia and divest Metran. Recognized pretax loss of $162 million in Q3 FY2022. Headcount affected not explicitly disclosed. | |||
| 2022-06-30 | restructuring | in_progress | 1,400 | USD 31,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Automation Solutions [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | AspenTech [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Tools & Home Products [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 200 | USD 19 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 200 employees affected over six months ended 2022-03-31 under a program initiated in Q3 fiscal 2019; restructuring expense of $19M YTD across Automation Solutions ($13M), Climate Technologies ($3M), Tools & Home Products ($2M), and Corporate ($1M). Company expects fiscal 2022 restructuring expense of approximately $150M. | |||||
| 2022-03-31 | divestiture_reduction | announced | 2022-05-04 | Russia | Automation Solutions | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Emerson announced intention to exit Russia operations and explore divestiture of Metran subsidiary. Russian operations had net assets of approximately $50M and accumulated FX translation losses of approximately $145M as of 2022-03-31. Russia represented approximately 1.5% of consolidated annual sales. No employee count disclosed. | ||||
| 2022-03-31 | divestiture_reduction | announced | 2022-03-03 | Climate Technologies | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Therm-O-Disc sensing and protection technologies business to an affiliate of One Rock Capital Partners; assets and liabilities classified as held-for-sale as of 2022-03-31. No employee count disclosed. | |||||
| 2022-03-31 | restructuring | in_progress | 200 | Global | Corporate | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenses incurred in the first six months of fiscal 2022 included costs related to workforce reductions of approximately 200 employees. Total YTD restructuring expense was $19 million. | |||
| 2022-03-31 | other | announced | 2022-05-04 | Russia | Automation Solutions | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced intention to exit business operations in Russia and divest Metran subsidiary. Net assets approx $50 million; accumulated foreign currency translation losses approx $145 million. | ||||
| 2022-03-31 | restructuring | in_progress | 200 | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Automation Solutions [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 150 | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2022 restructuring actions under programs begun in Q3 FY2019, expanded for COVID-19 demand effects; charge covers workforce reductions of about 150 employees. Company expects FY2022 restructuring expense and related costs of approximately $150 million. | |||||
| 2021-12-31 | acquisition_addition | announced | 2021-10-11 | 2022-06-30 | Industrial software (Open Systems International and Geological Simulation Software businesses) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to contribute two stand-alone industrial software businesses plus approximately $6.0 billion cash to AspenTech stockholders; Emerson will own 55 percent of new AspenTech and consolidate it. Expected close in second calendar quarter of 2022. No headcount figure disclosed. | ||||
| 2021-12-31 | restructuring | in_progress | 150 | 2021-10-01 | Global | Corporate and all segments | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenses incurred in the first three months of fiscal 2022 included costs related to workforce reductions of approximately 150 employees. Initiatives began in Q3 FY2019 and increased in response to COVID-19. | ||
| 2021-12-31 | restructuring | in_progress | 150 | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Automation Solutions [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 3,600 | Worldwide | Company-wide (all segments and Corporate) | USD 150 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2021 activity within a multi-year cost-improvement program begun in fiscal 2019 Q3 and expanded in fiscal 2020 Q3; included exit of eight production facilities. Charge of $150 is the reported restructuring cost line; an additional $38 of restructuring-related costs were reported in cost of sales and SG&A. Program ongoing, with fiscal 2022 restructuring expense expected to be approximately $150. | |||
| 2021-09-30 | acquisition_addition | completed | 2020-10-01 | Global | Automation Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Open Systems International, Inc. (OSI) completed on the first day of fiscal 2021 for approximately $1.6 billion net of cash; headcount added through the acquisition was not disclosed. | ||||
| 2021-09-30 | restructuring | completed | 3,600 | 2020-10-01 | 2021-09-30 | Worldwide | All segments | USD 150 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in 2021 included workforce reductions of approximately 3,600 positions and the exit of eight production facilities worldwide. Costs incurred relate to initiatives begun in FY2019 and expanded in FY2020. | |
| 2021-09-30 | acquisition_addition | completed | 2020-10-01 | 2020-10-01 | Global | Automation Solutions | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Open Systems International, Inc. (OSI) completed on October 1, 2020. Specific headcount added not disclosed. | |||
| 2021-09-30 | restructuring | in_progress | 3,600 | USD 150,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Automation Solutions [Member] | USD 123,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 112,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Cost of Sales And Selling and General Administrative Expenses [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 1,900 | Global | Company-wide (nine-month restructuring expense by segment: Automation Solutions $94, Climate Technologies $8, Tools & Home Products $4, Corporate $5) | USD 111 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,900 employees affected via workforce reductions in the first nine months of fiscal 2021 under cost-improvement initiatives begun in Q3 fiscal 2019 and expanded in response to COVID-19. Charge shown is nine-month restructuring expense; company expects full-year fiscal 2021 restructuring expense and related costs of approximately $200 million. An additional $11 of year-to-date restructuring costs (and $4 in the quarter) are reported in cost of sales and SG&A, outside this table. No announcement date or explicit completion date disclosed. | |||
| 2021-06-30 | acquisition_addition | completed | 2020-10-01 | Automation Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Open Systems International, Inc. (OSI) completed October 1, 2020 for approximately $1.6 billion net of cash; business has annual sales of approximately $170 million. Filing does not disclose headcount added or an earlier announcement date. | |||||
| 2021-06-30 | restructuring | in_progress | 1,900 | Global | Various | USD 111 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenses incurred in the first nine months of fiscal 2021 included costs related to workforce reductions of approximately 1,900 employees. Company expects fiscal 2021 restructuring expense and related costs to be approximately $200 million. | |||
| 2021-06-30 | restructuring | in_progress | 1,900 | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Automation Solutions [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 87,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 1,700 | Global | Company-wide (Automation Solutions, Climate Technologies, Tools & Home Products, Corporate) | USD 83 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,700 employees were reduced during the six months ended March 31, 2021 under a program initiated in Q3 fiscal 2019 and expanded in response to COVID-19 demand impacts. Six-month restructuring expense was $83 million (severance and benefits component: $71 million expense; restructuring liability ended the period at $180 million), plus $7 million of related costs recorded in cost of sales and SG&A. Full-year fiscal 2021 restructuring expense and related costs expected to be approximately $200 million. Employee counts are disclosed only as a consolidated total; charges are broken out by segment (Automation Solutions $76M, Climate Technologies $4M, Tools & Home Products $2M, Corporate $1M). No announcement date or completion date stated in filing. | |||
| 2021-03-31 | acquisition_addition | completed | Automation Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Open Systems International, Inc. (OSI) completed October 1, 2020 for approximately $1.6 billion net of cash acquired; annual sales of approximately $170 million. Headcount added through the acquisition is not disclosed in this filing. | ||||||
| 2021-03-31 | restructuring | in_progress | 1,700 | Global | All segments | USD 83 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenses incurred in the first six months of fiscal 2021 included workforce reductions of approximately 1,700 employees. Company expects fiscal 2021 restructuring expense to be approximately $200 million. | |||
| 2021-03-31 | restructuring | in_progress | 1,700 | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Automation Solutions [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 71,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 800 | Global | Consolidated (segment expense split: Automation Solutions $64; Climate Technologies $1; Tools & Home Products $1; Commercial & Residential Solutions $2) | USD 66 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program began in Q3 FY2019 and was expanded for COVID-19 demand impacts; Q1 FY2021 expense of $66 (severance and benefits $61, other $5). Company expects FY2021 restructuring expense and related costs of approximately $200. Restructuring liability ended the quarter at $213. An additional $3 of restructuring costs are reported in cost of sales and SG&A, outside this table. | |||
| 2020-12-31 | acquisition_addition | completed | Global | Automation Solutions | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Open Systems International, Inc. (OSI) acquired 2020-10-01 for approximately $1.6 billion net of cash; annual sales approximately $170. No employee headcount for the acquired workforce is disclosed. | |||||
| 2020-12-31 | restructuring | in_progress | 800 | Global | Various | USD 66 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expenses incurred in the first three months of fiscal 2021 included workforce reductions of approximately 800 employees. Total restructuring expense for the quarter was $66 million. | |||
| 2020-12-31 | restructuring | in_progress | 800 | USD 66,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Automation Solutions [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 61,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Cost of sales and selling, general, and administrative expenses [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 5,400 | Worldwide | Company-wide (Automation Solutions, Climate Technologies, Tools & Home Products, Corporate) | USD 284 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2020 activity only: program began in fiscal Q3 2019 and was expanded in fiscal Q3 2020 in response to COVID-19 demand impacts; actions included workforce reductions of approximately 5,400 positions and exit of six production facilities. Charge shown is restructuring expense in other deductions; an additional $20 of FY2020 restructuring costs reported in cost of sales is excluded from the footnote table. Restructuring liability of $181 remained at year-end, indicating the program is not complete. | |||
| 2020-09-30 | acquisition_addition | completed | Two businesses in Automation Solutions; one in Climate Technologies | USD 126 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three businesses acquired during fiscal 2020 for $126 net of cash acquired; headcount added not disclosed. Charge value is purchase price, not a severance or restructuring charge. | |||||
| 2020-09-30 | acquisition_addition | completed | 2020-10-01 | Automation Solutions | USD 1,600 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Open Systems International, Inc. acquired for approximately $1.6 billion net of cash acquired; closed October 1, 2020, after fiscal year end but before filing. Annual sales of approximately $170 disclosed; headcount added not disclosed. Charge value is purchase price. | ||||
| 2020-09-30 | divestiture_reduction | completed | Commercial & Residential Solutions | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two small non-core businesses divested during fiscal 2020, reducing segment sales by 1 percent ($42); headcount removed not disclosed. | ||||||
| 2020-09-30 | restructuring | completed | 5,400 | 2020-07-01 | 2020-09-30 | Worldwide | All segments | USD 284 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions taken in response to COVID-19 effects on demand, including workforce reductions and exit of six production facilities. Costs incurred in 2020 relate to initiatives begun in Q3 2019 and expanded in Q3 2020. | |
| 2020-09-30 | restructuring | completed | 5,400 | 2020-07-01 | 2020-09-30 | Worldwide | All segments | USD 284 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions taken in 2020 included workforce reductions of approximately 5,400 positions and the exit of six production facilities worldwide. Costs relate to initiatives to improve operating margins expanded in response to COVID-19. | |
| 2020-09-30 | restructuring | in_progress | 5,400 | USD 284,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Automation Solutions [Member] | USD 232,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 239,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 45,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Cost of Sales [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | 3,300 | 2020-09-30 | Global | Consolidated (restructuring expense reported across Automation Solutions, Commercial & Residential Solutions and Corporate) | USD 216 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program to improve operating margins began in fiscal Q3 2019; no specific announcement date given. Charge shown is nine-month restructuring expense; company expects fiscal 2020 restructuring expense and related costs of approximately $300 million. An additional $15 of related costs in the nine months is reported in cost of sales and excluded from the table. | ||
| 2020-06-30 | other | in_progress | 2020-09-30 | Global | Consolidated | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | COVID-19 cost containment actions including furloughs, salary and hiring freeze, curtailed travel and discretionary spending, and compensation reductions for directors and key executives; no employee counts disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | 3,300 | 2019-10-01 | 2020-09-30 | Global | All Segments | USD 216 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiatives to improve operating margins began in Q3 FY2019. Includes workforce reductions of approx. 3,300 employees. YTD expense $216M. Total expected expense for FY2020 is approx. $300M. | |
| 2020-06-30 | restructuring | in_progress | 3,300 | USD 88,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Automation Solutions [Member] | USD 76,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 184,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 32,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Cost of Sales [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | 1,800 | 2019-07-01 | Global | Automation Solutions; Climate Technologies; Tools & Home Products; Commercial & Residential Solutions; Corporate | USD 280 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program began in Q3 fiscal 2019; workforce reductions of approximately 1,800 employees. Fiscal 2020 restructuring expense and related costs expected at ~$280M, up $65M from prior estimate. $128M recognized in first six months of fiscal 2020, plus $9M of related costs reported in cost of sales in Q2 fiscal 2020. | ||
| 2020-03-31 | acquisition_addition | completed | Automation Solutions | USD 96 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition spending of $96M net of cash acquired during first six months of fiscal 2020; no headcount added disclosed. | |||||
| 2020-03-31 | restructuring | in_progress | 1,800 | 2019-10-01 | Global | All segments | USD 128 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiatives to improve operating margins began in Q3 FY2019. Includes workforce reductions of approx. 1,800 employees. Total FY2020 expense expected to be approx. $280M. | ||
| 2020-03-31 | restructuring | in_progress | Cost of Sales [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | 1,800 | USD 31,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Automation Solutions [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 105,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 1,100 | 2020-09-30 | Not specified | Consolidated (Q1 restructuring expense by segment: Automation Solutions $83M; Climate Technologies $7M; Tools & Home Products $3M; Corporate $4M) | USD 97 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reductions of approximately 1,100 employees in Q1 FY2020; restructuring liability $69M at 9/30/19, $97M expense, $39M utilized, $127M at 12/31/19. Company expects FY2020 restructuring expense of ~$215M including completion of Q1 actions; completion date inferred from fiscal year end. Employee count not disclosed by segment. | ||
| 2019-12-31 | restructuring | in_progress | 1,100 | 2019-10-01 | Global | All Segments | USD 97 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs incurred in Q1 FY20 largely relate to workforce reductions of approx. 1,100 employees. Total FY20 restructuring expense expected to be approx. $215M. | ||
| 2019-12-31 | restructuring | in_progress | 1,100 | USD 97,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Automation Solutions [Member] | USD 83,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Corporate Segment [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 80,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | 1,100 | Worldwide | Consolidated (restructuring expense by segment: Automation Solutions, Climate Technologies, Tools & Home Products, Corporate) | USD 95 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2019 activity only: exit of two production facilities worldwide and elimination of approximately 1,100 positions. Total FY2019 restructuring expense was $95M, including $7M related to acquisitions; no announcement date or completion timeline disclosed. Employee count presented only as a consolidated total, not split by segment. | |||
| 2019-09-30 | acquisition_addition | completed | Worldwide | Automation Solutions | USD 469 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eight businesses acquired in FY2019 for $469M net of cash acquired, with combined annual sales of approximately $300M; headcount added through these acquisitions is not disclosed. Charge value shown is purchase price, not a severance or restructuring charge. | ||||
| 2019-09-30 | restructuring | completed | 1,100 | Worldwide | Various | USD 95 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Expenses incurred in 2019 included actions to exit two production facilities worldwide and eliminate approximately 1,100 positions. Total restructuring charges were $95 million. | |||
| 2019-09-30 | restructuring | completed | 1,100 | Worldwide | USD 95 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Eliminated approximately 1,100 positions and exited two production facilities worldwide. Total restructuring expense for the year was $95 million. | ||||
| 2019-09-30 | restructuring | in_progress | 1,100 | USD 95,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Series of Individually Immaterial Business Acquisitions [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Automation Solutions [Member] | USD 65,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 72,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Automation Solutions; Climate Technologies; Tools & Home Products; Corporate | USD 40 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended 2019-06-30 restructuring expense of $40M ($25M severance and benefits); no employee counts or completion dates disclosed. Q3 expense was $20M. | |||||
| 2019-06-30 | acquisition_addition | completed | Automation Solutions | USD 385 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Seven businesses acquired in first nine months of 2019 for $385M net of cash, combined annual sales ~$280M; headcount added not disclosed. | |||||
| 2019-06-30 | acquisition_addition | completed | 2018-07-17 | 2018-07-17 | Automation Solutions — Industrial Solutions | USD 622 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Aventics acquisition completed 2018-07-17 (fiscal 2018, within YTD comparative context); annual sales ~$425M; employees added not disclosed. | |||
| 2019-06-30 | acquisition_addition | completed | 2018-07-02 | 2018-07-02 | Tools & Home Products | USD 810 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Textron tools and test equipment business acquired 2018-07-02 (fiscal 2018); annual sales ~$470M; employees added not disclosed. | |||
| 2019-06-30 | restructuring | in_progress | Global | Automation Solutions | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2019 expense for global cost structure restructuring. | ||||
| 2019-06-30 | restructuring | in_progress | Global | Climate Technologies | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2019 expense for global cost structure restructuring. | ||||
| 2019-06-30 | restructuring | in_progress | Global | Tools & Home Products | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2019 expense for global cost structure restructuring. | ||||
| 2019-06-30 | restructuring | in_progress | Global | Commercial & Residential Solutions | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2019 expense for global cost structure restructuring. | ||||
| 2019-06-30 | acquisition_addition | completed | Global | Automation Solutions | USD 385 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired seven businesses including Machine Automation Solutions for $385M net of cash. Headcount not disclosed. | ||||
| 2019-06-30 | restructuring | in_progress | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-06-30 | restructuring | in_progress | Automation Solutions [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Global | Automation Solutions; Climate Technologies; Tools & Home Products; Corporate | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing global restructuring program; restructuring expense of $20 for the six months ended March 31, 2019 ($10 in the quarter), with a $38 restructuring liability at March 31, 2019. No employee counts, headcount targets, or completion dates disclosed; expense allocated by segment (Automation Solutions $11, Climate Technologies $4, Tools & Home Products $4, Corporate $1 for the six-month period). | ||||
| 2019-03-31 | acquisition_addition | completed | Automation Solutions | USD 243 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six businesses acquired in the Automation Solutions segment during the first six months of fiscal 2019 for $243 net of cash acquired, including Machine Automation Solutions (General Electric's former Intelligent Platforms business); combined annual sales of approximately $240. Headcount added not disclosed. | |||||
| 2019-03-31 | restructuring | in_progress | Global | All Segments | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD restructuring expense of $20 million relates to global cost structure improvements and resource redeployment. Includes severance, lease terminations, asset write-downs, and shutdown costs. Employee count not disclosed. | ||||
| 2019-03-31 | restructuring | in_progress | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-03-31 | restructuring | in_progress | Automation Solutions [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Global | Automation Solutions; Climate Technologies; Tools & Home Products | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing global restructuring program; Q1 FY2019 expense of $10M (Automation $5M, Climate $3M, Tools & Home $2M). Severance liability roll-forward: $52M opening, $10M expense, $17M utilized, $45M closing. No employee counts or completion dates disclosed. | ||||
| 2018-12-31 | acquisition_addition | completed | Not specified | Automation Solutions | USD 73 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three businesses acquired during Q1 FY2019 for $73M net of cash; combined annual sales ~$40M. No headcount added disclosed. | ||||
| 2018-12-31 | acquisition_addition | completed | Not specified | Automation Solutions | USD 160 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intelligent Platforms (GE division) acquired January 31, 2019 for ~$160M net of cash; programmable logic controller technologies. No headcount added disclosed. | ||||
| 2018-12-31 | restructuring | in_progress | Global | All Segments | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Expense reflects costs associated with improving operational efficiency and deploying assets globally. Includes severance, lease terminations, asset write-downs, and shutdown costs. Employee count not disclosed. | ||||
| 2018-12-31 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Automation Solutions [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-09-30 | restructuring | in_progress | 1,200 | Worldwide | Automation Solutions; Climate Technologies; Tools & Home Products; Corporate | USD 65 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2018 activity: exit of six production or office facilities and elimination of approximately 1,200 positions; charge includes $19M related to acquisitions. Charge by segment: Automation Solutions $41M, Commercial & Residential Solutions $23M, Corporate $1M. $52M of the liability remained at year-end, indicating the program was not complete. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-07-17 | Global | Automation Solutions — Industrial Solutions | USD 622 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Aventics (smart pneumatics) completed July 17, 2018 for $622M net of cash; target annual sales approximately $425M. Headcount added not disclosed; charge shown is purchase price, not a workforce charge. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-07-02 | Global | Tools & Home Products | USD 810 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Textron's tools and test equipment business completed July 2, 2018 for $810M net of cash; target annual sales approximately $470M. Headcount added not disclosed; charge shown is purchase price, not a workforce charge. | |||
| 2018-09-30 | acquisition_addition | completed | 2017-12-01 | Global | Automation Solutions — Measurement & Analytical Instrumentation | USD 505 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Paradigm (oil and gas software) completed December 1, 2017 for $505M net of cash; target annual sales approximately $140M. Headcount added not disclosed; charge shown is purchase price, not a workforce charge. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-09-30 | Global | Automation Solutions; Climate Technologies | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Four smaller businesses acquired during FY2018 (two in Automation Solutions, two in Climate Technologies); total FY2018 cash paid for all businesses was $2.2B net of cash acquired. Headcount added not disclosed. | ||||
| 2018-09-30 | divestiture_reduction | completed | 2017-10-02 | United States | Tools & Home Products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Residential storage business sold October 2, 2017 for $200M cash; divested business had sales of $298M and pretax earnings of $15M in 2017. Headcount removed not disclosed. | ||||
| 2018-09-30 | restructuring | completed | 1,200 | Worldwide | Various | USD 65 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Eliminated approximately 1,200 positions and exited six production or office facilities worldwide in fiscal 2018. Total restructuring expense was $65 million. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-07-17 | Global | Automation Solutions | USD 622 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Aventics for $622 million. Employee count not explicitly disclosed. | |||
| 2018-09-30 | acquisition_addition | completed | 2018-07-02 | Global | Tools & Home Products | USD 810 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Textron's tools and test equipment business for $810 million. Employee count not explicitly disclosed. | |||
| 2018-09-30 | divestiture_reduction | completed | 2017-10-02 | United States | Tools & Home Products | USD 200 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sold residential storage business for $200 million. Employee count not explicitly disclosed. | |||
| 2018-09-30 | restructuring | completed | 1,200 | Worldwide | Various | USD 65 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Eliminated approximately 1,200 positions and exited six production or office facilities worldwide. Total restructuring expense for the year was $65 million. | |||
| 2018-09-30 | restructuring | in_progress | 1,200 | USD 65,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Current year acquired businesses and Pentair's Valves & Controls [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Total acquired businesses [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Automation Solutions [Member] | USD 41,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Global | All Segments | USD 38 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD restructuring expense of $38 million incurred for the nine months ended June 30, 2018. Includes costs related to Tools & Test and Aventics acquisitions. Full year 2018 expense expected to be approximately $80 million. Employee count not disclosed. | ||||
| 2018-06-30 | acquisition_addition | completed | 2018-01-10 | Climate Technologies | USD 247 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Cooper-Atkins completed Jan 10, 2018 for $247 million net of cash. Employee count not disclosed. | ||||
| 2018-06-30 | acquisition_addition | completed | 2017-12-01 | Automation Solutions | USD 505 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Paradigm completed Dec 1, 2017 for $505 million net of cash. Employee count not disclosed. | ||||
| 2018-06-30 | acquisition_addition | completed | 2017-04-28 | Automation Solutions | USD 2,960 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pentair's valves & controls business completed Apr 28, 2017 for $2.96 billion net of cash. Employee count not disclosed. | ||||
| 2018-06-30 | divestiture_reduction | completed | 2017-10-02 | Tools & Home Products | USD 200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of residential storage business completed Oct 2, 2017 for $200 million cash. Employee count not disclosed. | ||||
| 2018-06-30 | acquisition_addition | announced | 2018-07-02 | Tools & Home Products | USD 807 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Textron's tools and test equipment business completed July 2, 2018 for $807 million net of cash. Employee count not disclosed. | ||||
| 2018-06-30 | acquisition_addition | announced | 2018-07-17 | Automation Solutions | USD 622 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Aventics completed July 17, 2018 for $622 million net of cash. Employee count not disclosed. | ||||
| 2018-06-30 | restructuring | in_progress | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-06-30 | restructuring | in_progress | Automation Solutions [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Global | Automation Solutions; Climate Technologies; Corporate | USD 65 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing program; no employee counts disclosed. Full-year 2018 restructuring expense expected to be about $65M, of which $24M was incurred in the six months ended March 31, 2018 (six-month expense allocated: Automation Solutions $17M, Climate Technologies $7M, Corporate $0). Program covers global cost-structure restructuring and resource redeployment; no completion date stated. | ||||
| 2018-03-31 | acquisition_addition | completed | 2018-01-10 | Climate Technologies | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cooper-Atkins acquired January 10, 2018 for $247M net of cash; temperature management products for foodservice markets. Headcount added not disclosed. Date shown is completion date. | |||||
| 2018-03-31 | acquisition_addition | completed | 2017-12-01 | Automation Solutions (Measurement & Analytical Instrumentation) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Paradigm, an oil and gas software provider, acquired December 1, 2017 for $505M net of cash; annual sales about $140M. Headcount added not disclosed. Date shown is completion date. | |||||
| 2018-03-31 | acquisition_addition | completed | Automation Solutions (2 businesses); Climate Technologies (1 business) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three smaller businesses acquired during the six months ended March 31, 2018; combined annual sales about $70M. Completion dates and headcount added not disclosed. | ||||||
| 2018-03-31 | divestiture_reduction | completed | 2017-10-02 | Tools & Home Products | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Residential storage business sold October 2, 2017 for $200M cash; headcount removed not disclosed. Date shown is completion date. | |||||
| 2018-03-31 | acquisition_addition | announced | 2018-04-18 | 2018-09-30 | Tools & Home Products | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to purchase Textron's tools and test equipment business for $810M, announced April 18, 2018 (after quarter end); annual sales about $470M. Expected to close in fiscal 2018 fourth quarter subject to regulatory approvals; headcount added not disclosed. | ||||
| 2018-03-31 | restructuring | in_progress | Global | All Segments | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD restructuring expense of $24 million incurred for the six months ended March 31, 2018. Includes severance, lease terminations, asset write-downs, and shutdown costs. Employee count not disclosed. | ||||
| 2018-03-31 | acquisition_addition | completed | 2018-01-10 | 2018-01-10 | Climate Technologies | USD 247 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Cooper-Atkins completed Jan 10, 2018 for $247 million net of cash. Headcount not disclosed. | |||
| 2018-03-31 | acquisition_addition | completed | 2017-12-01 | 2017-12-01 | Automation Solutions | USD 505 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Paradigm completed Dec 1, 2017 for $505 million net of cash. Headcount not disclosed. | |||
| 2018-03-31 | acquisition_addition | completed | 2017-04-28 | 2017-04-28 | Automation Solutions | USD 2,960 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pentair's valves & controls business completed Apr 28, 2017 for $2.96 billion net of cash. Headcount not disclosed. | |||
| 2018-03-31 | divestiture_reduction | completed | 2017-10-02 | 2017-10-02 | Tools & Home Products | USD 200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of residential storage business completed Oct 2, 2017 for $200 million cash. Headcount not disclosed. | |||
| 2018-03-31 | acquisition_addition | announced | 2018-04-18 | Tools & Home Products | USD 810 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to purchase Textron's tools and test equipment business for $810 million announced Apr 18, 2018. Expected to close in Q4 2018. Headcount not disclosed. | ||||
| 2018-03-31 | restructuring | in_progress | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-03-31 | restructuring | in_progress | Automation Solutions [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Global | Automation Solutions; Climate Technologies; Tools & Home Products | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2018 restructuring expense of $15M; full-year FY2018 expense expected to be approximately $85M. Restructuring liability balance was $62M at Dec 31, 2017. No employee counts disclosed. | ||||
| 2017-12-31 | acquisition_addition | completed | 2017-12-01 | Automation Solutions — Measurement & Analytical Instrumentation | USD 505 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Paradigm (oil and gas software provider) for $505M net of cash; annual sales approximately $140M. Headcount added not disclosed. | ||||
| 2017-12-31 | divestiture_reduction | completed | 2017-10-02 | Tools & Home Products — residential storage business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of residential storage business for $200M cash; after-tax loss of $24M ($0.04 per share). Headcount removed not disclosed. | |||||
| 2017-12-31 | acquisition_addition | completed | 2018-01-10 | Climate Technologies | USD 247 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Subsequent-event acquisition of Cooper-Atkins (temperature management products for foodservice) for $247M net of cash, completed after quarter end. Headcount added not disclosed. | ||||
| 2017-12-31 | restructuring | in_progress | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring costs of $15 million reported in Q1 2018. Employee count not disclosed. | ||||||
| 2017-12-31 | acquisition_addition | completed | 2017-12-01 | Automation Solutions | USD 505 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Paradigm for $505 million. Headcount not disclosed. | ||||
| 2017-12-31 | acquisition_addition | completed | 2017-04-28 | Automation Solutions | USD 2,960 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pentair's valves & controls business for $2.96 billion. Headcount not disclosed. | ||||
| 2017-12-31 | divestiture_reduction | completed | 2017-10-02 | Tools & Home Products | USD 200 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of residential storage business for $200 million. Headcount not disclosed. | ||||
| 2017-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Automation Solutions [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-09-30 | restructuring | in_progress | 1,200 | Worldwide | Primarily Automation Solutions; also Climate Technologies, Tools & Home Products and Corporate | USD 78 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2017 activity only: exited 10 production or office facilities and eliminated approximately 1,200 positions; charge includes $25 million related to the acquired valves & controls business. $65 million of the liability remained accrued at year-end; 2018 restructuring expense expected to be approximately $80 million. | |||
| 2017-09-30 | acquisition_addition | completed | 2016-08-18 | 2017-04-28 | Global | Automation Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pentair's valves & controls business closed April 28, 2017 for $2.960 billion net of cash acquired; annualized sales of approximately $1.4 billion. Headcount added not disclosed. | |||
| 2017-09-30 | divestiture_reduction | completed | 2016-11-30 | Global | Network Power systems business (former Network Power segment) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed November 30, 2016 for $4.0 billion in cash; reported as discontinued operations for all periods presented. Headcount removed not disclosed. | ||||
| 2017-09-30 | divestiture_reduction | completed | 2017-01-31 | Global | Power generation, motors and drives business (former Industrial Automation segment) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed January 31, 2017 for approximately $1.2 billion, subject to post-closing adjustments. Headcount removed not disclosed. | ||||
| 2017-09-30 | divestiture_reduction | completed | 2017-10-02 | United States | Tools & Home Products — residential storage solutions business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event after fiscal year-end: sold October 2, 2017 for $200 million cash; business had sales of $298 million and pretax earnings of $15 million in 2017. Expected loss of approximately $40 million in 2018 from nondeductible goodwill taxes. Headcount removed not disclosed. | ||||
| 2017-09-30 | restructuring | completed | 1,200 | Worldwide | Various | USD 78 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions to exit 10 production or office facilities and eliminate approximately 1,200 positions. Includes $25M related to acquired valves & controls business. | |||
| 2017-09-30 | acquisition_addition | completed | 2017-04-28 | Global | Automation Solutions | USD 2,960 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Pentair's valves & controls business. Headcount not explicitly disclosed. | |||
| 2017-09-30 | divestiture_reduction | completed | 2017-10-02 | United States | Tools & Home Products | USD 200 (millions) | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of residential storage solutions business. Headcount not explicitly disclosed. | |||
| 2017-09-30 | restructuring | completed | 1,200 | Worldwide | Various | USD 78 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions to exit 10 production or office facilities and eliminate approximately 1,200 positions. Includes $25 million related to acquired valves & controls business. | |||
| 2017-09-30 | restructuring | in_progress | 1,200 | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Pentair's Valves & Controls [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 49,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Automation Solutions [Member] | USD 63,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Global | Automation Solutions; Climate Technologies; Tools & Home Products; Corporate | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing program; $45M expense YTD 2017 ($21M in Q3), full-year 2017 expected ~$85M incl. ~$35M for valves & controls. Severance/benefits component of the liability roll-forward: $26M expense, $22M utilized. No employee counts, announcement date, or completion date disclosed. | ||||
| 2017-06-30 | acquisition_addition | completed | 2017-04-28 | Global | Automation Solutions — Valves, Actuators & Regulators | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Closed 2017-04-28 for $2.960B net of cash; acquired business had ~$1.6B trailing-twelve-month sales. Headcount added not disclosed; Q3 results include $30M inventory and $7M backlog first-year acquisition accounting charges. | ||||
| 2017-06-30 | restructuring | in_progress | Global | Corporate and Automation Solutions | USD 21 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2017 restructuring costs of $21 million. Full year 2017 expense expected to be approx $85 million, including $35 million related to valves & controls business. | ||||
| 2017-06-30 | acquisition_addition | completed | 2017-04-28 | Automation Solutions | USD 2,960 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed acquisition of Pentair's valves & controls business for $2.96 billion. Headcount not explicitly disclosed. | ||||
| 2017-06-30 | divestiture_reduction | completed | 2017-01-31 | Industrial Automation | USD 1,200 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed sale of power generation, motors and drives business for approx $1.2 billion. Headcount not explicitly disclosed. | ||||
| 2017-06-30 | divestiture_reduction | completed | 2016-11-30 | Network Power | USD 4,000 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Completed sale of network power systems business for $4 billion. Headcount not explicitly disclosed. | ||||
| 2017-06-30 | restructuring | in_progress | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-06-30 | restructuring | in_progress | Automation Solutions [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Tools & Home Products [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Corporate Segment [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Pentair's Valves & Controls [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Global | Automation Solutions; Climate Technologies; Tools & Home Products; Corporate | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Full-year FY2017 restructuring expense expected to be approximately $50 million; $24 million incurred through Q2. No employee counts disclosed. | ||||
| 2017-03-31 | divestiture_reduction | completed | 2016-11-30 | Global | Network Power systems business (former Network Power segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of network power systems business completed 2016-11-30 for $4 billion cash; headcount removed not disclosed. | ||||
| 2017-03-31 | divestiture_reduction | completed | 2017-01-31 | Global | Power generation, motors and drives business (former Industrial Automation segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed 2017-01-31 for approximately $1.2 billion; headcount removed not disclosed. | ||||
| 2017-03-31 | acquisition_addition | completed | 2017-04-28 | Global | Automation Solutions — Valves, Actuators & Regulators | USD 3,150 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Pentair's valves & controls business for $3.15 billion closed 2017-04-28 (subsequent event); business had ~$1.6 billion TTM sales. Headcount added not disclosed. | |||
| 2017-03-31 | restructuring | in_progress | 2017-09-30 | Global | Corporate and all segments | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD restructuring expense of $24 million incurred. Full year 2017 expense expected to be approximately $50 million. Costs relate to global cost structure restructuring and redeployment of resources. Employee count not disclosed. | |||
| 2017-03-31 | divestiture_reduction | completed | 2017-01-31 | Global | Former Industrial Automation segment | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of power generation, motors and drives business completed on Jan 31, 2017. Headcount removed not disclosed. | ||||
| 2017-03-31 | divestiture_reduction | completed | 2016-11-30 | Global | Former Network Power segment | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of network power systems business completed on Nov 30, 2016. Headcount removed not disclosed. | ||||
| 2017-03-31 | acquisition_addition | completed | 2017-04-28 | Global | Automation Solutions | USD 3,150 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Acquisition of Pentair's valves & controls business completed April 28, 2017 for $3.15 billion. Headcount added not disclosed. | |||
| 2017-03-31 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-03-31 | restructuring | in_progress | Automation Solutions [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Corporate Segment [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 2017-09-30 | Global | Automation Solutions; Climate Technologies; Tools & Home Products | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing program to improve operational efficiency and deploy assets globally; $11M incurred in Q1 FY2017 (Automation Solutions $6M, Climate Technologies $4M, Tools & Home Products $1M); full-year FY2017 expense expected to be approximately $50M. No employee counts disclosed; severance liability roll-forward shows $54M at Sept 30, 2016, $11M expense, $27M utilized, $38M at Dec 31, 2016. | |||
| 2016-12-31 | divestiture_reduction | completed | 2016-11-30 | Global | Network Power systems business (former Network Power segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of network power systems business completed November 30, 2016 for $4 billion in cash, subject to post-closing adjustments; results reclassified to discontinued operations. No headcount associated with the divestiture is disclosed. | ||||
| 2016-12-31 | divestiture_reduction | completed | 2017-01-31 | Global | Power generation, motors and drives business (former Industrial Automation segment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed January 31, 2017 (subsequent to quarter end) for a value of $1.2 billion, cash plus assumption of certain postretirement liabilities. No headcount associated with the divestiture is disclosed. | ||||
| 2016-12-31 | restructuring | in_progress | 2017-09-30 | Global | All segments | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company expects full year 2017 restructuring expense to be approximately $50 million. $11 million incurred in Q1 2017 relates to global cost structure restructuring and resource redeployment. Employee count not disclosed. | |||
| 2016-12-31 | restructuring | in_progress | Automation Solutions [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Climate Technologies segment plus Tools & Home Products segment [Member] [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Tools & Home Products [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 1,900 | Worldwide (primarily Europe and North America) | Primarily Process Management; also Industrial Automation, Climate Technologies, Commercial & Residential Solutions, Corporate | USD 96 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2016 activity only: exit of 19 production or office facilities and elimination of approximately 1,900 positions; $96M total restructuring expense for 2016 (severance and benefits expense component was $66M). Restructuring liability of $54M remained at year-end; 2017 expense expected to be approximately $50M. Program described as ongoing, no single announcement date given. | |||
| 2016-09-30 | divestiture_reduction | announced | 2016-07-29 | 2016-12-31 | Global | Network Power systems business (former Network Power segment) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell network power systems business for $4.0 billion cash; headcount of the business not disclosed. Business had annual sales of $4,378M in 2016 and is reported as held-for-sale/discontinued operations. | |||
| 2016-09-30 | divestiture_reduction | announced | 2016-07-30 | 2016-12-31 | Global | Power generation, motors and drives businesses (formerly Industrial Automation segment) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell for $1.2 billion value (cash plus assumed postretirement liabilities); headcount not disclosed. Included a $103M write-down to sales price less costs to sell in fiscal 2016. | |||
| 2016-09-30 | acquisition_addition | announced | 2016-08-18 | 2016-12-31 | Global (non-U.S. operations emphasized) | Process Management — final control business | USD 3,150 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Pending acquisition of Pentair's Valves & Controls business for approximately $3.15 billion; target business sales approximately $1.6 billion. Headcount to be added not disclosed; expected to close by end of calendar 2016 or shortly thereafter. | ||
| 2016-09-30 | acquisition_addition | completed | Not specified | Four in Process Management (final control and measurement devices); two in Climate Technologies | USD 132 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Six small businesses acquired during fiscal 2016 for $132M net of cash, with combined annualized sales of approximately $51M; headcount added not disclosed. | ||||
| 2016-09-30 | restructuring | completed | 1,900 | 2016-10-01 | 2016-09-30 | Worldwide | Multiple segments (primarily Process Management) | USD 96 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Expenses incurred in 2016 included actions to exit 19 production or office facilities worldwide and eliminate approximately 1,900 positions. Total restructuring expense for fiscal 2016 was $96 million. | |
| 2016-09-30 | restructuring | completed | 1,900 | 2016-10-01 | 2016-09-30 | Worldwide | Process Management, Industrial Automation, Climate Technologies, Commercial & Residential Solutions, Corporate | USD 96 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Expenses incurred in 2016 included actions to exit 19 production or office facilities worldwide and eliminate approximately 1,900 positions. | |
| 2016-09-30 | restructuring | in_progress | 1,900 | USD 96,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 66,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Industrial Automation [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Process Management [Member] | USD 74,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Global | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Commercial & Residential Solutions, Corporate) | USD 43 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month rationalization expense of $43M; full-year 2016 expected range $90-100M. Severance and benefits liability of $40M at period end. No employee counts disclosed. | ||||
| 2016-06-30 | divestiture_reduction | announced | 2016-07-29 | 2016-12-31 | Global | Network Power | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell network power systems business for $4.0B cash; 2015 sales of $4.4B. No headcount disclosed. | |||
| 2016-06-30 | divestiture_reduction | announced | 2016-07-30 | 2016-12-31 | Global | Industrial Automation (power generation, motors and drives businesses) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell power generation, motors and drives businesses for $1.2B value; 2015 sales of $1.7B. No headcount disclosed. | |||
| 2016-06-30 | other | in_progress | Global | Corporate (portfolio repositioning) | USD 115 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Year-to-date separation costs of $115M ($0.18/share) for planned portfolio repositioning; full-year estimate $200-250M. No employee counts disclosed. | ||||
| 2016-06-30 | restructuring | in_progress | Global | Corporate and various segments | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2016 expense includes $23M for severance and benefits. Total Q3 rationalization expense was $15M. Full year 2016 expected range $90-$100M. | ||||
| 2016-06-30 | restructuring | in_progress | Global | Corporate and various segments | USD 43 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 total rationalization expense. Includes $23M severance, $2M lease terminations, $6M shutdown costs, $12M start-up/moving. | ||||
| 2016-06-30 | other | in_progress | Global | Network Power and Industrial Automation | USD 28 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2016 separation costs related to planned divestitures of Network Power and Power Generation/Motors/Drives. Includes $13M income tax and $28M other costs. | ||||
| 2016-06-30 | other | in_progress | Global | Network Power and Industrial Automation | USD 83 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 separation costs related to planned divestitures. Includes $41M income tax and $83M other costs. Total estimated separation costs $200-$250M. | ||||
| 2016-06-30 | restructuring | in_progress | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Industrial Automation [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Network Power [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Process Management [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | 2016-09-30 | Global | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Commercial & Residential Solutions) | USD 28 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program; $28M charged YTD ($15M in Q2), full-year 2016 expense guided to $70-80M. Severance liability roll-forward disclosed ($112M at Sept 30, 2015 to $55M at Mar 31, 2016) but no employee counts given. | |||
| 2016-03-31 | divestiture_reduction | in_progress | 2015-06-01 | Global | Network Power (spin-off); power generation and motors, drives, and residential storage businesses (under strategic review) | USD 55 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tax-free spin-off of network power systems announced June 2015; separation costs of $55M YTD 2016 ($31M in Q2). Full-year separation costs guided to $250-300M expense plus ~$50M capitalized. No headcount impact disclosed. | |||
| 2016-03-31 | restructuring | in_progress | Global | All segments | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2016 expense for rationalization of operations, including restructuring of global cost structure and redeployment of resources. | ||||
| 2016-03-31 | restructuring | in_progress | Global | All segments | USD 28 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 expense for rationalization of operations. | ||||
| 2016-03-31 | other | in_progress | 2015-06-01 | Global | Network Power; Power Generation; Motors, Drives; Residential Storage | USD 31 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2016 separation costs related to planned portfolio repositioning (spin-off/sale). Includes income tax expense of $28M and other costs of $31M. | |||
| 2016-03-31 | other | in_progress | 2015-06-01 | Global | Network Power; Power Generation; Motors, Drives; Residential Storage | USD 55 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2016 separation costs related to planned portfolio repositioning. Includes income tax expense of $28M and other costs of $55M. | |||
| 2016-03-31 | restructuring | in_progress | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Industrial Automation [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Network Power [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Process Management [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Global | All segments | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing global cost-structure restructuring; $13M charged in Q1 FY2016, rationalization liability $72M at 2015-12-31; full-year FY2016 expense guided to $60-70M. No employee counts disclosed; charges span severance, contract terminations, facility shutdown and start-up costs. | ||||
| 2015-12-31 | restructuring | in_progress | Global | All Segments | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Costs relate to restructuring of global cost structure and redeployment of resources. Includes severance, lease terminations, and shutdown costs. Employee count not disclosed. | ||||
| 2015-12-31 | other | in_progress | 2015-06-01 | Global | Network Power, Power Generation, Motors, Drives, Residential Storage | USD 24 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Separation costs related to planned spin-off of network power systems and exploration of strategic alternatives for other businesses. Employee count not disclosed. | |||
| 2015-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Industrial Automation [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Network Power [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Process Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | 4,400 | Europe, Asia and North America | Primarily Process Management and Network Power | USD 211 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2015 activity only: rationalization expense of $211M (plus $10M recorded in cost of sales) covering exit of 15 production or office facilities and elimination of approximately 4,400 positions; program continues into 2016 with expected expense of about $60M. No announcement date or completion date disclosed. | |||
| 2015-09-30 | divestiture_reduction | completed | 2015-01-31 | Not disclosed | Industrial Automation — mechanical power transmission solutions business | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Regal Beloit completed January 2015 for $1.4 billion; business had partial-year 2015 sales of $189M. Headcount removed not disclosed. | ||||
| 2015-09-30 | divestiture_reduction | completed | 2015-09-30 | Not disclosed | Commercial & Residential Solutions — InterMetro commercial storage business | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Ali Group completed September 30, 2015 for $411M cash; business had annual sales of $288M. Headcount removed not disclosed. | ||||
| 2015-09-30 | acquisition_addition | completed | 2015-09-30 | Not disclosed | Seven in Process Management; one in Commercial & Residential Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Eight acquisitions completed in fiscal 2015 with combined annualized sales of about $115M and $324M cash paid net of cash acquired; headcount added not disclosed. | ||||
| 2015-09-30 | divestiture_reduction | announced | 2015-06 | 2016-12-31 | Global | Network Power — planned tax-free spinoff; also exploring sale of power generation and motors, drives, and residential storage businesses | USD 52 (millions) | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spinoff announced June 2015; fiscal 2015 costs of $52M ($42M income tax expense and $10M other fees). Businesses in scope represent about 29% of 2015 sales. Headcount affected not disclosed; strategic actions expected substantially complete by end of 2016. | ||
| 2015-09-30 | restructuring | completed | 4,400 | 2015-01-01 | 2015-09-30 | Worldwide | Process Management, Network Power, Industrial Automation, Climate Technologies, Commercial & Residential Solutions | USD 211 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Includes exit of 15 production or office facilities and elimination of approximately 4,400 positions. Charge represents total rationalization expense for fiscal year 2015. | |
| 2015-09-30 | restructuring | completed | 4,400 | 2015-10-01 | 2015-09-30 | Global | Process Management, Network Power, Industrial Automation, Climate Technologies, Commercial & Residential Solutions | USD 211 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of approximately 4,400 positions and exit of 15 production or office facilities worldwide to address global economic weakness. | |
| 2015-09-30 | restructuring | in_progress | 4,400 | USD 211,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] / Corporate and Other [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 174,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Industrial Automation [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Network Power [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Process Management [Member] | USD 89,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | 2,300 | Global — Europe, North America and Asia | All segments; reductions mainly Process Management (Europe, North America) and Network Power (Asia, Europe, North America) | USD 89 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine months ended June 30, 2015 rationalization expense of $89M (severance and benefits $72M of expense; rationalization liability $48M at period end). Severance tied to closing 8 facilities and a workforce reduction of approximately 2,300. Full-year 2015 rationalization expense expected in the $160M-$180M range. YTD expense by segment: Process Management $37M, Network Power $31M, Industrial Automation $8M, Climate Technologies $8M, Commercial & Residential Solutions $5M. MD&A refers to accelerated restructuring plans announced earlier in 2015; no announcement date stated. | |||
| 2015-06-30 | divestiture_reduction | completed | 2015-01-30 | Industrial Automation — mechanical power transmission solutions business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Regal Beloit Corporation completed January 30, 2015 for $1.4 billion; pretax gain $932M ($528M after tax). Divested business had fiscal 2014 sales of $605M and pretax earnings of $87M. Headcount removed not disclosed. | |||||
| 2015-06-30 | divestiture_reduction | announced | 2015-06-30 | 2016-09-30 | Network Power | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned tax-free spinoff of Network Power to shareholders announced June 30, 2015, creating two independent public companies. Subject to Board approval, tax opinions and SEC Form 10 review; transactions expected substantially complete by September 30, 2016. Headcount impact not disclosed. | ||||
| 2015-06-30 | divestiture_reduction | announced | 2015-06-30 | 2016-09-30 | Industrial Automation (motors and drives, power generation); Commercial & Residential Solutions (remaining storage) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company will explore strategic alternatives, including potential sale, for motors and drives, power generation and remaining storage businesses — approximately 30% of consolidated 2014 sales and 20% of earnings and cash flow. No assurance a transaction results. Headcount impact not disclosed. | ||||
| 2015-06-30 | divestiture_reduction | announced | Commercial & Residential Solutions — InterMetro storage business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Evaluating strategic alternatives including a potential sale of InterMetro (2014 sales $284M, pretax earnings $36M). Nonbinding indications of interest received; final offers expected in August with a decision and announcement expected by year end. Headcount impact not disclosed. | ||||||
| 2015-06-30 | acquisition_addition | completed | Process Management — final control, measurement devices, and systems and solutions businesses | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six acquisitions completed during fiscal 2015 with combined annualized sales of approximately $70M; total cash paid $250M net of cash acquired; goodwill of $149M recognized. Headcount added not disclosed. | ||||||
| 2015-06-30 | restructuring | in_progress | 2,300 | Europe, North America, Asia | Process Management, Network Power | USD 72 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Year-to-date severance and benefits expenses associated with closing 8 facilities and reducing forcecount by approximately 2,300. | |||
| 2015-06-30 | restructuring | in_progress | 2,300 | USD 36,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Industrial Automation [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Network Power [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Process Management [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 72,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Global | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Commercial & Residential Solutions) | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD rationalization expense of $53M; full-year 2015 expense expected to exceed $140M. No employee counts disclosed; covers cost repositioning and resource redeployment. | ||||
| 2015-03-31 | divestiture_reduction | completed | 2015-01-30 | 2015-01-30 | Global | Industrial Automation — power transmission solutions business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Regal Beloit for $1.4B completed 2015-01-30; business had fiscal 2014 sales of $605M. No headcount associated with the divestiture disclosed. | |||
| 2015-03-31 | other | announced | Global | Commercial & Residential Solutions — InterMetro business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company began evaluating strategic alternatives, including a potential sale, for InterMetro (2014 sales of $284M). No workforce figures disclosed. | |||||
| 2015-03-31 | restructuring | in_progress | Global | All Segments | USD 53 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD rationalization expense of $53 million incurred for the six months ended March 31, 2015. Includes severance, lease terminations, and other costs. Employee count not disclosed. | ||||
| 2015-03-31 | divestiture_reduction | completed | 2015-01-30 | 2015-01-30 | Global | Industrial Automation | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of mechanical power transmission solutions business to Regal Beloit Corporation completed on Jan 30, 2015. Employee count not disclosed. | |||
| 2015-03-31 | restructuring | in_progress | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Industrial Automation [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Network Power [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Process Management [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | 2015-09-30 | Global | All segments | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2015 rationalization expense of $9M; full-year 2015 expense expected to be approximately $100M, including costs to complete actions initiated before quarter end and actions to be approved during the remainder of the year. No employee counts disclosed. First quarter costs largely relate to deploying resources to higher growth regions and serving local markets. | |||
| 2014-12-31 | divestiture_reduction | completed | 2015-01-30 | Global | Industrial Automation — power transmission solutions (mechanical power transmission solutions business) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale to Regal Beloit completed January 30, 2015 (subsequent to quarter end) for approximately $1.4 billion; after-tax proceeds of approximately $1 billion expected to fund share repurchase. Business had fiscal 2014 sales of $605 million. Assets and liabilities classified as held-for-sale at December 31, 2014. No headcount disclosed. | ||||
| 2014-12-31 | acquisition_addition | completed | 2014-12-31 | Not disclosed | Process Management — measurement devices and systems and solutions businesses | USD 143 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Three acquisitions completed in Q1 FY2015; combined annualized sales of approximately $32 million; total cash paid of $143 million net of cash acquired; goodwill of $73 million recognized. No headcount added disclosed. | |||
| 2014-12-31 | restructuring | in_progress | Global | Corporate and all segments | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q1 2015 expense of $9M for ongoing efforts to improve operational efficiency and deploy assets globally. Full year 2015 expense expected to be approximately $100M. | ||||
| 2014-12-31 | divestiture_reduction | completed | 2015-01-30 | Industrial Automation | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Sale of mechanical power transmission solutions business to Regal Beloit Corporation completed Jan 30, 2015 for approx $1.4B. Headcount not disclosed. | |||||
| 2014-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Industrial Automation [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Network Power [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Process Management [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | 2,000 | Primarily Asia and Europe, to a lesser extent North America | Concentrated in Process Management, Network Power and Climate Technologies | USD 55 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2014 rationalization expense of $55 million covering actions to exit 14 production, distribution or office facilities and eliminate approximately 2,000 positions; rationalization liability of $22 million remained at year-end and approximately $60 million of expense was expected in 2015. | |||
| 2014-09-30 | acquisition_addition | completed | Process Management | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Virgo Valves and Controls Limited and Enardo Holdings acquired in the first quarter of fiscal 2014; approximately $506 million cash paid net of cash acquired plus $76 million of assumed debt; combined 2014 sales of $321 million. Headcount added not disclosed. | ||||||
| 2014-09-30 | acquisition_addition | completed | Process Management and Network Power | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Four smaller complementary businesses acquired during fiscal 2014 for approximately $104 million net of cash acquired; combined annual sales of approximately $55 million. Headcount added not disclosed. | ||||||
| 2014-09-30 | divestiture_reduction | completed | 2013-11-22 | Network Power | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 51 percent controlling interest in Artesyn divested on November 22, 2013 for $264 million of proceeds; retained interest fair value approximately $60 million. Fiscal 2014 results include $146 million of sales and a $9 million net loss through the closing date. Headcount removed not disclosed. | |||||
| 2014-09-30 | divestiture_reduction | completed | 2014-09-30 | Network Power | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Connectivity solutions business sold early in the fourth quarter of fiscal 2014 for $99 million cash with a slight gain; business reported $63 million of sales and $3 million of net earnings in 2014 through the closing date. Headcount removed not disclosed. | |||||
| 2014-09-30 | divestiture_reduction | announced | Industrial Automation — Power Transmission Solutions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | As part of a longer-term strategy to divest slower-growth businesses, management received several nonbinding indications of interest for the power transmission solutions business in the fourth quarter of fiscal 2014, with a decision expected within three months of year-end. Business contributed $605 million of sales and $87 million of earnings in 2014; headcount not disclosed. | ||||||
| 2014-09-30 | restructuring | completed | 2,000 | Global | Multiple segments | USD 55 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Expenses incurred during 2014 include actions to exit 14 production, distribution or office facilities, and eliminate approximately 2,000 positions. | |||
| 2014-09-30 | restructuring | completed | 2,000 | Global | Various | USD 55 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of approximately 2,000 positions and exit of 14 facilities during fiscal 2014. Costs concentrated in Process Management, Network Power, and Climate Technologies. | |||
| 2014-09-30 | restructuring | in_progress | 2,000 | USD 55,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Process Management [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Industrial Automation [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Network Power [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | 2014-09-30 | Global | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Commercial & Residential Solutions) | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program; $45M expense recorded in nine months ended 2014-06-30 (severance and benefits $23M of the total), liability balance $30M at period end. Company expects full-year fiscal 2014 rationalization expense of approximately $70 million. No employee counts disclosed; costs relate to deploying resources to higher-growth regions and serving local markets. | |||
| 2014-06-30 | acquisition_addition | completed | Not disclosed | Process Management — final control business (Virgo Valves and Controls, LTD; Enardo LLC) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired in first quarter of fiscal 2014 for $506 million net of cash acquired; combined annualized sales over $300 million. No headcount added disclosed. | |||||
| 2014-06-30 | acquisition_addition | completed | Not disclosed | Industrial Automation — Appleton Group (EGS Electrical Group LLC remaining 44.5% noncontrolling interest) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase of remaining noncontrolling interest for $574 million in second quarter of fiscal 2014; business had 2013 sales of more than $500 million. No headcount added disclosed; transaction does not affect consolidated results other than eliminating the noncontrolling interest's share of earnings. | |||||
| 2014-06-30 | divestiture_reduction | completed | 2013-11-22 | Not disclosed | Network Power — Artesyn Embedded Technologies (embedded computing and power business) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed divestiture of 51% controlling interest on 2013-11-22 (fiscal 2014 first quarter) for $264 million net proceeds; business contributed $146 million of sales through transaction date. No headcount removed disclosed. | ||||
| 2014-06-30 | divestiture_reduction | announced | 2014-04-01 | 2014-09-30 | Not disclosed | Network Power — Connectivity Solutions business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell Connectivity Solutions for $98 million in cash entered into in third quarter of fiscal 2014; transaction completed in the fourth quarter. Business had 2013 annual sales of approximately $80 million. Announcement date is the fiscal quarter of disclosure; exact date not stated. No headcount removed disclosed. | |||
| 2014-06-30 | other | announced | 2014-04-01 | Not disclosed | Industrial Automation — Power Transmission Solutions business unit | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company began evaluating strategic alternatives for this business unit (2013 sales of more than $600 million), with plans expected to be announced by end of calendar year 2014. Potential future workforce action; no headcount impact disclosed. Announcement date is the fiscal quarter of disclosure; exact date not stated. | ||||
| 2014-06-30 | restructuring | in_progress | USD 45 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD rationalization expense of $45 million includes severance, lease terminations, and shutdown costs. Employee count not disclosed. | ||||||
| 2014-06-30 | acquisition_addition | completed | Process Management | USD 506 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Virgo Valves and Controls and Enardo LLC for $506 million cash. Headcount not disclosed. | |||||
| 2014-06-30 | acquisition_addition | completed | Industrial Automation | USD 574 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired remaining 44.5% interest in EGS Electrical Group (Appleton Group) for $574 million. Headcount not disclosed. | |||||
| 2014-06-30 | divestiture_reduction | completed | Network Power | USD 98 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Agreement to sell Connectivity Solutions business for $98 million. Headcount not disclosed. | |||||
| 2014-06-30 | restructuring | in_progress | USD 45,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Fixed Assets Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Network Power [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Process Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Industrial Automation [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | 2014-09-30 | Global | Multiple segments | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD expense of $34M; full-year 2014 rationalization expense expected at $70M-$80M. Severance liability $34M at quarter-end. No employee counts disclosed. | |||
| 2014-03-31 | acquisition_addition | completed | Not disclosed | Process Management — final control | USD 506 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Virgo Valves and Controls and Enardo LLC acquired in Q1 2014 for $506M net of cash; combined annualized sales over $300M. No headcount disclosed. | ||||
| 2014-03-31 | acquisition_addition | completed | Not disclosed | Not disclosed | USD 70 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two smaller businesses acquired in Q1 2014 for approximately $70M net of cash. No headcount disclosed. | ||||
| 2014-03-31 | divestiture_reduction | completed | 2013-11-22 | 2013-11-22 | Not disclosed | Network Power — embedded computing and power | USD 268 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 51% controlling interest divested; $268M proceeds. Business contributed $146M sales YTD through transaction date. No headcount disclosed. | ||
| 2014-03-31 | other | completed | United States | Industrial Automation — Appleton Group | USD 574 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining 44.5% noncontrolling interest in EGS Electrical Group acquired for $574M; business already consolidated, so no net headcount addition. Sales over $500M in 2013. | ||||
| 2014-03-31 | restructuring | in_progress | USD 34 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total rationalization expense for six months ended March 31, 2014. Includes $20M severance, $2M lease terminations, $4M shutdown costs, and $8M start-up/moving costs. Employee count not disclosed. | ||||||
| 2014-03-31 | acquisition_addition | completed | Process Management | USD 506 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Virgo Valves and Controls, LTD and Enardo LLC in Q1 2014. Cash paid $506M net of cash acquired. Headcount not disclosed. | |||||
| 2014-03-31 | acquisition_addition | completed | Industrial Automation | USD 574 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired remaining 44.5% noncontrolling interest in EGS Electrical Group LLC (Appleton Group) in Q2 2014 for $574M. Headcount not disclosed. | |||||
| 2014-03-31 | divestiture_reduction | completed | Network Power | USD 268 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divested 51% controlling interest in embedded computing and power business (Artesyn) in Nov 2013. Proceeds $268M. Headcount not disclosed. | |||||
| 2014-03-31 | restructuring | in_progress | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-03-31 | restructuring | in_progress | Network Power [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Process Management [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Industrial Automation [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | 2014-09-30 | Global | All segments | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rationalization expense of $13M in Q1 FY2014; full-year FY2014 expense expected at $80-90M. Liability roll-forward disclosed (severance $27M to $23M) but no employee counts given. First quarter costs relate to shifting resources to higher growth regions. | |||
| 2013-12-31 | divestiture_reduction | completed | 2013-11-22 | Global | Network Power — embedded computing and power business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed November 22, 2013; $268M proceeds received. Business contributed $146M in Q1 sales through transaction date. No headcount associated with the divested business disclosed. | ||||
| 2013-12-31 | acquisition_addition | completed | 2013-12-31 | Global | Process Management — final control business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired in Q1 FY2014 for $506M net of cash, assuming $76M debt; combined annualized sales over $300M. No employee counts disclosed. | ||||
| 2013-12-31 | acquisition_addition | completed | 2013-12-31 | Global | Unspecified | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Two smaller businesses acquired in Q1 FY2014 for approximately $70M net of cash. No employee counts disclosed. | ||||
| 2013-12-31 | acquisition_addition | completed | 2014-01-31 | United States | Industrial Automation — Appleton Group (EGS Electrical Group LLC) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | January 2014 subsequent event, $574M. Business already consolidated, so no incremental headcount added; eliminates noncontrolling interest share of earnings. Business had sales over $500M in 2013. | ||||
| 2013-12-31 | restructuring | in_progress | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | First quarter costs largely relate to shifting resources to higher growth regions and to directly serve local markets. Full year 2014 rationalization expense expected to be $80-$90 million. | ||||||
| 2013-12-31 | acquisition_addition | completed | 2013-12-31 | Process Management | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Virgo Valves and Controls, LTD and Enardo LLC. Headcount not disclosed. | |||||
| 2013-12-31 | acquisition_addition | completed | 2013-12-31 | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired two other smaller businesses for approximately $70 million. Headcount not disclosed. | ||||||
| 2013-12-31 | divestiture_reduction | completed | 2013-11-22 | Network Power | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of 51% controlling interest in embedded computing and power business. Headcount not disclosed. | |||||
| 2013-12-31 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-12-31 | restructuring | in_progress | Network Power [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Process Management [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Industrial Automation [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | 3,100 | Europe, North America and Asia (majority of costs) | Concentrated in Network Power and Industrial Automation; across multiple operating units | USD 78 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2013 activity only: approximately 3,100 positions eliminated and 13 production, distribution or office facilities exited during the year, at a rationalization expense of $78 million. Liability of $32 million remained at year-end, indicating the program continues into 2014 (filer guided to approximately $90 million of 2014 rationalization expense). | |||
| 2013-09-30 | divestiture_reduction | announced | 2013-07-31 | 2013-12-31 | Global | Network Power — embedded computing and power business | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell a 51 percent controlling interest in the embedded computing and power business (2013 revenue of $1.2 billion); expected to close before the end of calendar 2013 pending regulatory approvals. No headcount associated with the transaction is disclosed. Related goodwill impairment of $503 million pretax was recorded in Q3 2013. | |||
| 2013-09-30 | acquisition_addition | announced | 2013-10-01 | Global (oil and gas, chemical, mining and power end markets) | Process Management | USD 506 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | In October 2013 (fiscal 2014) the Company acquired Virgo Valves and Controls LTD and Enardo LLC for approximately $506 million cash net of cash acquired, plus $76 million of assumed debt; combined annualized sales over $300 million. No headcount added is disclosed. Announcement date shown as start of fiscal 2014; exact day not stated. | |||
| 2013-09-30 | restructuring | completed | 3,100 | Global | Various | USD 78 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Includes exiting 13 facilities and eliminating 3,100 positions in 2013. Costs concentrated in Network Power and Industrial Automation. | |||
| 2013-09-30 | acquisition_addition | completed | 2013-10-01 | Global | Process Management | USD 506 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Virgo Valves and Controls LTD and Enardo LLC in October 2013 (fiscal 2014). Headcount not disclosed. | |||
| 2013-09-30 | divestiture_reduction | completed | 2013-07-31 | Global | Network Power | USD 300 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Agreement to sell 51% controlling interest in embedded computing and power business. Headcount not disclosed. | |||
| 2013-09-30 | restructuring | completed | 3,100 | Global | Various | USD 78 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Elimination of approximately 3,100 positions and exit of 13 facilities during fiscal 2013. | |||
| 2013-09-30 | restructuring | in_progress | 3,100 | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Network Power [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Process Management [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Industrial Automation [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 45,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | 2013-09-30 | Global | All segments; severance mainly for Industrial Automation and Network Power | USD 65 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program; $65M expense incurred in nine months ended 2013-06-30, with full-year 2013 expense guided to $80-85M. Severance liability roll-forward: $32M at 2012-09-30, $65M expense, $59M paid/utilized, $38M at 2013-06-30. No employee headcount affected is disclosed; segment expense split (nine months 2013): Process Management $11M, Industrial Automation $24M, Network Power $21M, Climate Technologies $2M, Commercial & Residential Solutions $7M. | |||
| 2013-06-30 | divestiture_reduction | announced | 2013-07-31 | Global | Network Power — embedded computing and power business | USD 503 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell a 51% controlling interest in the embedded computing and power business; expected to close in three to six months subject to regulatory approvals. A noncash pretax goodwill impairment of $503M ($475M after-tax, $0.65/share) was recorded in Q3 FY2013. No headcount associated with the transaction is disclosed; business had 2012 sales of $1.4 billion. | |||
| 2013-06-30 | restructuring | in_progress | Global | All Segments | USD 65 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | YTD 2013 expense of $65 million includes severance, lease terminations, and shutdown costs. Filer expects full year 2013 expense of $80-$85 million. Employee count not disclosed. | ||||
| 2013-06-30 | divestiture_reduction | announced | 2013-07-31 | Network Power | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to sell 51% controlling interest in embedded computing and power business. Transaction expected to close in 3-6 months. Employee count not disclosed. | |||||
| 2013-06-30 | restructuring | in_progress | USD 65,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 38,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Process Management [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Network Power [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-06-30 | restructuring | in_progress | Industrial Automation [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | 2013-09-30 | Process Management | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2013-03-31 rationalization expense; no employee count disclosed. Program described as operational-efficiency and global asset redeployment actions. | ||||
| 2013-03-31 | restructuring | in_progress | 2013-09-30 | Asia; North America | Industrial Automation | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2013-03-31 expense. Filer states severance and benefits relate mainly to force-count reduction in this segment; headcount not quantified. | |||
| 2013-03-31 | restructuring | in_progress | 2013-09-30 | Asia | Network Power | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2013-03-31 expense. Severance and benefits cited mainly for this segment in Asia; headcount not quantified. | |||
| 2013-03-31 | restructuring | in_progress | 2013-09-30 | Climate Technologies | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2013-03-31 rationalization expense; no employee count disclosed. | ||||
| 2013-03-31 | restructuring | in_progress | 2013-09-30 | Commercial & Residential Solutions | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2013-03-31 rationalization expense; no employee count disclosed. Full-year 2013 rationalization expense guidance is $75-85 million, including $32 million incurred to date. | ||||
| 2013-03-31 | restructuring | in_progress | Asia, North America | Industrial Automation | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2013. Severance and benefits costs associated with forcecount reduction. | ||||
| 2013-03-31 | restructuring | in_progress | Asia | Network Power | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2013. Severance and benefits costs associated with forcecount reduction. | ||||
| 2013-03-31 | restructuring | in_progress | Global | All segments | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2013. Total rationalization expense incurred to date. Includes severance, lease terminations, shutdown costs, and start-up/moving costs. | ||||
| 2013-03-31 | restructuring | in_progress | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2013-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Process Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Industrial Automation [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-03-31 | restructuring | in_progress | Network Power [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | 2013-09-30 | Asia; North America | Industrial Automation; Network Power | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program; $16M expense recognized in Q1 FY2013 with full-year FY2013 expense guided at $70-80M. Severance relates mainly to headcount reduction in Industrial Automation (Asia, North America) and Network Power (Asia); no employee counts or announcement date disclosed. Rationalization liability was $32M at 2012-09-30 and $30M at 2012-12-31. Expected completion inferred from full-year 2013 program guidance (fiscal year ends 2013-09-30). | |||
| 2012-12-31 | restructuring | in_progress | Asia, North America | Industrial Automation | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and benefits costs associated with forcecount reduction. | ||||
| 2012-12-31 | restructuring | in_progress | Asia | Network Power | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and benefits costs associated with forcecount reduction. Specific charge amount not disaggregated from total. | |||||
| 2012-12-31 | restructuring | in_progress | Global | All segments | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Start-up and moving costs to redeploy assets to best cost locations and expand geographically. | ||||
| 2012-12-31 | restructuring | in_progress | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-12-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Process Management [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Industrial Automation [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Network Power [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | 2,700 | Global (severance concentrated in Asia, Europe and North America) | All segments; 2012 severance concentrated in Network Power and Industrial Automation | USD 119 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2012 activity only within an ongoing multi-year rationalization program; includes exiting approximately 20 to 25 production, distribution or office facilities. Charge covers severance, lease terminations, asset write-downs, shutdown and start-up/moving costs. Company expected $70-80 million of rationalization expense in 2013. | |||
| 2012-09-30 | acquisition_addition | completed | Global | Network Power (Avtron Loadbank), Climate Technologies (marine controls), plus two smaller Process Management and Network Power businesses | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Four acquisitions completed in fiscal 2012 for approximately $187 million cash paid (net of $5 million cash acquired), with annualized sales of approximately $115 million; no headcount added is disclosed. | |||||
| 2012-09-30 | divestiture_reduction | completed | United States | Commercial & Residential Solutions (Knaack storage business) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Knaack sold in fourth quarter of fiscal 2012 for $114 million, resulting in an after-tax loss of $5 million; Knaack had 2012 sales of $95 million and net earnings of $7 million. No headcount removed is disclosed. | |||||
| 2012-09-30 | restructuring | completed | 2,700 | 2012-09-30 | Global | All Segments | USD 119 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Costs incurred during 2012 included actions to exit approximately 20 to 25 production, distribution or office facilities and eliminate approximately 2,700 positions. | ||
| 2012-09-30 | acquisition_addition | completed | 2012-09-30 | Global | Network Power, Climate Technologies, Process Management | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company acquired Avtron Loadbank, a marine controls business, and two smaller businesses in 2012. Total cash paid was approximately $187 million. Employee count not disclosed. | ||||
| 2012-09-30 | divestiture_reduction | completed | 2012-09-30 | Global | Commercial & Residential Solutions | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company sold Knaack business unit for $114 million. Employee count not disclosed. | ||||
| 2012-09-30 | restructuring | completed | Global | Various | USD 119 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Rationalization expenses include severance, benefits, lease terminations, asset write-downs, and shutdown costs. Employee count not disclosed. | ||||
| 2012-09-30 | divestiture_reduction | completed | 2012-Q4 | United States | Commercial & Residential Solutions | discontinued_operations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Sale of Knaack business unit. Employee count not disclosed. | ||||
| 2012-09-30 | restructuring | in_progress | 2,700 | USD 119,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Network Power [Member] | USD 53,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Process Management [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Climate Technologies [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Industrial Automation [Member] | USD 27,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Contract Termination [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 58,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-09-30 | restructuring | in_progress | Facility Closing [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | 2012-09-30 | Asia; Europe; North America | Network Power (primarily); also Process Management, Industrial Automation, Climate Technologies, Commercial & Residential Solutions | USD 89 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rationalization expense of $89M incurred in nine months FY2012 (Q3: $35M); full-year 2012 expected ~$125M. Severance relates to force-count reductions, mainly Network Power in Asia, Europe and North America. No employee counts disclosed; nine-month expense by segment: Process Management $13M, Industrial Automation $21M, Network Power $40M, Climate Technologies $8M, Commercial & Residential Solutions $7M. | |||
| 2012-06-30 | acquisition_addition | completed | 2012-03-31 | Network Power (Avtron Loadbank); Climate Technologies (marine controls business) | USD 170 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Avtron Loadbank and a marine controls business in March 2012 for $170M total; combined 2011 annual sales approximately $100M. No headcount added disclosed. | ||||
| 2012-06-30 | divestiture_reduction | announced | 2012-09-30 | Commercial & Residential Solutions (Knaack business unit) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture of Knaack expected to complete in fiscal Q4 2012; annual sales approximately $100M. No associated headcount reduction disclosed. | |||||
| 2012-06-30 | other | in_progress | 8,000 | Corporate (all segments) | USD 17 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Benefit design change, not a headcount action: $17M charge in nine months FY2012 for eliminating post-65 supplemental retiree medical benefits for approximately 8,000 active employees. Count reflects employees whose benefits were eliminated, not separations. | ||||
| 2012-06-30 | restructuring | in_progress | Asia, Europe, North America | Network Power | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2012. Includes severance and other benefits associated with forcecount reduction. Total rationalization expense for Network Power was $40 million. | ||||
| 2012-06-30 | restructuring | in_progress | Global | All Segments | USD 89 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2012. Total rationalization expense incurred. Includes severance ($47M), lease/contract terminations ($9M), fixed asset write-downs ($2M), vacant facility/shutdown costs ($9M), and start-up/moving costs ($22M). | ||||
| 2012-06-30 | other | completed | 8,000 | Global | Corporate | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge related to the elimination of post-65 supplemental retiree medical benefits for approximately 8,000 active employees. | |||
| 2012-06-30 | restructuring | in_progress | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-06-30 | restructuring | in_progress | Process Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Network Power [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Industrial Automation [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Contract Termination [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Facility Closing [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 47,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-06-30 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | 2012-09-30 | Asia, Europe, North America | Network Power (primarily); all segments | USD 54 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rationalization expense of $54M incurred in first half of FY2012; includes severance for force-count reductions mainly in Network Power, plus start-up/moving costs across all segments. Full-year 2012 expense expected to be approximately $125M. No employee counts disclosed. | |||
| 2012-03-31 | acquisition_addition | completed | 2012-03 | Not disclosed | Network Power (Avtron Loadbank); Climate Technologies (marine controls) | USD 170 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Avtron Loadbank and a marine controls business in March 2012 for $170M total; combined 2011 annual sales approximately $100M. Headcount added not disclosed. | |||
| 2012-03-31 | divestiture_reduction | announced | Not disclosed | Commercial & Residential Solutions (Knaack) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company has begun the process to divest the Knaack business unit, with annual sales of approximately $100M. Headcount affected not disclosed. | |||||
| 2012-03-31 | restructuring | in_progress | Asia, Europe, North America | Network Power | USD 54 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Company expects full year 2012 rationalization expense of approx $125M; $54M incurred to date. Costs include severance/benefits for forcecount reduction mainly in Network Power. | ||||
| 2012-03-31 | other | completed | 8,000 | Global | Corporate | USD 17 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Charge related to elimination of post-65 supplemental retiree medical benefits for approx 8,000 active employees. | |||
| 2012-03-31 | restructuring | in_progress | USD 31,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Commercial & Residential Solutions [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Industrial Automation [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Process Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Network Power [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Contract Termination [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2012-03-31 | restructuring | in_progress | Facility Closing [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Asia, Europe, North America | Network Power (primarily); actions across all segments | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Quarter rationalization expense of $23M; includes severance tied to a force count reduction, mainly Network Power in Asia, Europe and North America. Full-year 2012 rationalization expense expected to be about $125M. No employee counts or completion dates disclosed; filer does not break the program out by geography with counts, so a single consolidated record is emitted. | ||||
| 2011-12-31 | other | completed | United States | Corporate — retiree medical benefits | USD 19 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge for eliminating post-65 supplemental retiree medical benefits for approximately 8,000 active employees; a benefits-design change rather than a headcount reduction, and no separations were disclosed. | ||||
| 2011-12-31 | restructuring | in_progress | Asia, Europe, North America | Network Power | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Higher restructuring expense of $5 million incurred, primarily severance and benefits associated with forcecount reduction. | ||||
| 2011-12-31 | restructuring | in_progress | Global | All Segments | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Total rationalization expense of $23 million for the quarter, including severance, lease terminations, and relocation costs. | ||||
| 2011-12-31 | restructuring | in_progress | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-12-31 | restructuring | in_progress | Climate Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Fixed Asset Write Downs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Industrial Automation [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Network Power [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Process Management [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Start Up And Moving Costs [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Tools And Storage [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Contract Termination [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-12-31 | restructuring | in_progress | Facility Closing [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | 2,800 | Primarily North America and Europe | All segments; start-up/moving costs concentrated in Industrial Automation and Network Power | USD 81 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2011 activity only: approximately 20 facilities exited and approximately 2,800 positions eliminated; $81M is total fiscal 2011 rationalization expense (severance, lease terminations, asset write-downs, start-up/moving costs). $30M of the accrual remained unpaid at year end; company expected $100-125M of rationalization expense in fiscal 2012. | |||
| 2011-09-30 | acquisition_addition | completed | Not disclosed | Mainly Process Management and Climate Technologies | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several small complementary businesses acquired during fiscal 2011 for approximately $232M cash with annualized sales of approximately $100M; headcount added through these acquisitions not disclosed. | |||||
| 2011-09-30 | divestiture_reduction | completed | 2011-09-30 | Not disclosed | Tools and Storage (heating elements unit) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Heating elements unit sold in fourth quarter of fiscal 2011 for $73M with a $21M after-tax gain; associated headcount not disclosed. | ||||
| 2011-09-30 | restructuring | completed | 2,800 | Global | Various segments | USD 81 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination of approximately 2,800 positions and exiting of approximately 20 facilities. Costs include severance, benefits, lease terminations, and asset write-downs. | |||
| 2011-09-30 | restructuring | completed | 2,800 | 2011-10-01 | 2011-09-30 | Global | Various | USD 81 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Eliminated approximately 2,800 positions and exited approximately 20 facilities during fiscal 2011. Total rationalization expense was $81 million. | |
| 2011-09-30 | restructuring | in_progress | 2,800 | USD 81,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Climate Technologies Member | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Fixed Asset Write Downs Member | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Industrial Automation Member | USD 32,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Network Power Member | USD 20,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Process Management Member | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Start Up And Moving Costs Member | USD 38,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Tools And Storage Member | USD 7,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Lease And Other Contract Terminations [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Severance And Benefits [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-09-30 | restructuring | in_progress | Vacant Facility And Other Shutdown Costs [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | North America and Europe | Process Management | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Headcount reductions and facility consolidations during nine months ended 2011-06-30; charge is segment rationalization expense for the nine-month period, not a severance-specific amount. No employee count disclosed. | ||||
| 2011-06-30 | restructuring | in_progress | North America and Europe | Industrial Automation | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production facility consolidations during nine months ended 2011-06-30; charge is segment rationalization expense for the nine-month period. No employee count disclosed. | ||||
| 2011-06-30 | restructuring | in_progress | North America, Europe and Asia | Network Power | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Workforce reductions in North America, Europe and Asia plus facility consolidations in Asia and North America during nine months ended 2011-06-30; charge is segment rationalization expense for the nine-month period. No employee count disclosed. | ||||
| 2011-06-30 | plant_closure | in_progress | North America | Climate Technologies | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Production facility consolidations in North America during nine months ended 2011-06-30; charge is segment rationalization expense for the nine-month period. No employee count disclosed. | ||||
| 2011-06-30 | restructuring | in_progress | North America and Europe | Process Management | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reducing forcecount and consolidating facilities. Charge represents nine months ended June 30, 2011. | ||||
| 2011-06-30 | restructuring | in_progress | North America and Europe | Industrial Automation | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities. Charge represents nine months ended June 30, 2011. | ||||
| 2011-06-30 | restructuring | in_progress | North America, Europe and Asia | Network Power | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reducing forcecount and consolidating facilities. Charge represents nine months ended June 30, 2011. | ||||
| 2011-06-30 | restructuring | in_progress | North America | Climate Technologies | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities. Charge represents nine months ended June 30, 2011. | ||||
| 2011-06-30 | restructuring | in_progress | Not specified | Tools and Storage | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge represents nine months ended June 30, 2011. Specific actions not detailed in narrative. | ||||
| 2011-06-30 | restructuring | in_progress | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-06-30 | restructuring | in_progress | Climate Technologies [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Fixed Asset Write-Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Industrial Automation [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Network Power [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Process Management [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Start-Up and Moving Costs [Member] | USD 26,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Tools and Storage [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Lease and Contract Terminations [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Severance and Benefits [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-06-30 | restructuring | in_progress | Vacant Facility and Other Shutdown Costs [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | 2011-09-30 | North America and Europe | Industrial Automation | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2011 expense; segment consolidating production facilities across North America and Europe. No employee count disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 2011-09-30 | North America, Europe and Asia | Network Power | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2011 expense; segment reducing workforce across three regions. No employee count disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 2011-09-30 | North America | Climate Technologies | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2011 expense; segment consolidating production facilities in North America. No employee count disclosed. | |||
| 2011-03-31 | restructuring | in_progress | 2011-09-30 | Process Management | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2011 rationalization expense; specific action and geography not described. No employee count disclosed. | ||||
| 2011-03-31 | restructuring | in_progress | 2011-09-30 | Tools and Storage | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2011 rationalization expense; specific action and geography not described. No employee count disclosed. | ||||
| 2011-03-31 | restructuring | in_progress | North America | Industrial Automation | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities within North America and Europe; charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | Europe | Industrial Automation | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities within North America and Europe; charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | North America | Network Power | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reducing forcecount in North America, Europe and Asia; charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | Europe | Network Power | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reducing forcecount in North America, Europe and Asia; charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | Asia | Network Power | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reducing forcecount in North America, Europe and Asia; charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | North America | Climate Technologies | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities in North America; charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | Global | Process Management | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | Global | Tools and Storage | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Charge represents six months ended March 31, 2011. | ||||
| 2011-03-31 | restructuring | in_progress | USD 33,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2011-03-31 | restructuring | in_progress | Climate Technologies [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Fixed Asset Write-Downs [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Industrial Automation [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Network Power [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Process Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Start-Up and Moving Costs [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Tools and Storage [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Lease and Contract Terminations [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Severance and Benefits [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2011-03-31 | restructuring | in_progress | Vacant Facility and Other Shutdown Costs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | 2011-09-30 | Process Management | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter fiscal 2011 rationalization expense for the segment; no employee count disclosed. Company expects full-year fiscal 2011 rationalization costs of approximately $80 million to $100 million. | ||||
| 2010-12-31 | restructuring | in_progress | 2011-09-30 | North America | Industrial Automation | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Segment action described as consolidating production facilities within North America; includes severance, shutdown, and start-up/moving costs. No employee count disclosed. | |||
| 2010-12-31 | restructuring | in_progress | 2011-09-30 | North America and Europe | Network Power | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Segment action described as a workforce reduction in North America and Europe; no employee count disclosed. | |||
| 2010-12-31 | restructuring | in_progress | 2011-09-30 | North America and Asia | Climate Technologies | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Segment action described as consolidating production facilities in North America and Asia; no employee count disclosed. | |||
| 2010-12-31 | restructuring | in_progress | 2011-09-30 | Tools and Storage | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter fiscal 2011 rationalization expense for the segment; no employee count disclosed. | ||||
| 2010-12-31 | restructuring | in_progress | North America | Industrial Automation | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities. Specific headcount not disclosed; total segment rationalization expense was $5 million. | |||||
| 2010-12-31 | restructuring | in_progress | North America and Europe | Network Power | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reducing forcecount. Specific headcount not disclosed; total segment rationalization expense was $5 million. | |||||
| 2010-12-31 | restructuring | in_progress | North America and Asia | Climate Technologies | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidating production facilities. Specific headcount not disclosed; total segment rationalization expense was $4 million. | |||||
| 2010-12-31 | restructuring | in_progress | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2010-12-31 | restructuring | in_progress | Fixed Asset Write-Downs [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | Start-Up and Moving Costs [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | Lease and Contract Terminations [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | Severance and Benefits [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-12-31 | restructuring | in_progress | Vacant Facility and Other Shutdown Costs [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-09-30 | restructuring | in_progress | 3,500 | Worldwide (primarily North America, Europe, Asia) | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Tools and Storage) | USD 126 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2010 activity within an ongoing multi-year rationalization program; includes costs related to facilities exited in prior periods. Approximately 25 production, distribution or office facilities exited. Rationalization expense by segment: Process Management $35M, Industrial Automation $48M, Network Power $25M, Climate Technologies $13M, Tools and Storage $5M. Liability balance of $69M remains at year-end; approximately $100M of rationalization expense expected in 2011. No single announcement date or completion date disclosed. | |||
| 2010-09-30 | divestiture_reduction | completed | 2010-09-30 | United States | Tools and Storage (appliance motors and U.S. commercial and industrial motors businesses) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed in fourth quarter of fiscal 2010 for $622M proceeds with after-tax gain of $155M; businesses had annual sales of $827M. Headcount associated with the divested businesses not disclosed. | ||||
| 2010-09-30 | divestiture_reduction | completed | 2010-09-30 | United States | Network Power (LANDesk business unit, acquired with Avocent) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale completed in fourth quarter of fiscal 2010 for $230M with after-tax gain of $12M; classified as discontinued operations. Headcount not disclosed. | ||||
| 2010-09-30 | acquisition_addition | completed | 2010-09-30 | Worldwide | Network Power (Avocent Corporation, Chloride Group PLC); Industrial Automation (SSB Group GmbH); plus smaller businesses mainly in Process Management and Industrial Automation | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Total cash paid for 2010 acquisitions approximately $2,843M net of cash acquired; annualized sales of acquired businesses approximately $1.1B. Headcount added through these acquisitions not disclosed. | ||||
| 2010-09-30 | restructuring | completed | 3,500 | 2010-10-01 | 2010-09-30 | Worldwide | All Segments | USD 126 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions included exiting approx. 25 facilities and eliminating approx. 3,500 positions. Costs incurred during 2010. | |
| 2010-09-30 | acquisition_addition | completed | 2010-01-01 | 2010-09-30 | Worldwide | Network Power, Industrial Automation | business_combinations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquired Avocent Corporation, Chloride Group PLC, SSB Group GmbH and several smaller businesses. Headcount not explicitly disclosed. | |||
| 2010-09-30 | divestiture_reduction | completed | 2010-01-01 | 2010-09-30 | United States, Europe | Tools and Storage, Network Power | discontinued_operations_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sold LANDesk business unit and appliance motors/U.S. commercial and industrial motors businesses. Headcount not explicitly disclosed. | |||
| 2010-09-30 | restructuring | completed | 3,500 | 2010-10-01 | 2010-09-30 | Global | All Segments | USD 126 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Costs incurred during 2010 included actions to exit approximately 25 production, distribution or office facilities and eliminate approximately 3,500 positions. | |
| 2010-09-30 | restructuring | in_progress | USD 126,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2010-09-30 | restructuring | in_progress | Fixed Asset Write-Downs [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-09-30 | restructuring | in_progress | Start-Up and Moving Costs [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-09-30 | restructuring | in_progress | Lease/Contract Terminations [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-09-30 | restructuring | in_progress | Severance and Benefits [Member] | USD 73,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-09-30 | restructuring | in_progress | Vacant Facility and Other Shutdown Costs [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2010-06-30 | restructuring | in_progress | 2,500 | 2010-09-30 | Worldwide | All five business segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 101 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 2,500 positions eliminated during the nine months ended 2010-06-30; charge shown is nine-month rationalization expense, with full-year fiscal 2010 rationalization costs estimated at $125-135 million. Segment-level position counts not disclosed, only rationalization expense by segment. Actions include workforce reductions, facility consolidation, production shifts to Asia, and freight outsourcing. | ||
| 2010-06-30 | acquisition_addition | announced | 2010-06-29 | 2010-12-31 | United Kingdom | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | All-cash offer for Chloride Group PLC (uninterruptible power supply systems) at 375 pence per share, approximately GBP 997 million ($1.5 billion); Chloride shareholder vote scheduled 2010-08-09, expected to close by end of calendar 2010. Headcount not disclosed. | ||||
| 2010-06-30 | divestiture_reduction | announced | 2009-12-11 | 2010-09-30 | Network Power | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | LANDesk business unit (acquired with Avocent) being divested as not a strategic fit; potential acquirers submitted proposals under consideration, sale expected to complete in 2010. Reported as discontinued operations with assets of about $0.4 billion and liabilities of about $0.1 billion; headcount not disclosed. | ||||
| 2010-06-30 | divestiture_reduction | announced | Appliance and Tools | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company considering sale of appliance motors and U.S. commercial and industrial motors businesses with combined annual sales in excess of $800 million; proposals submitted and under consideration, no final decision made. Headcount not disclosed. | ||||||
| 2010-06-30 | restructuring | in_progress | 2,500 | Global | All Segments | USD 101 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions during the nine months of 2010 involved the elimination of approximately 2,500 positions across Process Management, Industrial Automation, Network Power, Climate Technologies, and Appliance and Tools segments. | |||
| 2010-06-30 | restructuring | in_progress | USD 101,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2010-06-30 | restructuring | in_progress | Fixed asset write-downs | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-06-30 | restructuring | in_progress | Start-up and moving costs | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-06-30 | restructuring | in_progress | Lease/contract terminations | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-06-30 | restructuring | in_progress | Severance and benefits | USD 63,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-06-30 | restructuring | in_progress | Vacant facility and other shutdown costs | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2010-03-31 | restructuring | in_progress | 1,800 | Worldwide | All segments: Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools | USD 74 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated program total; filer discloses only a consolidated position count (1,800 eliminated during the six months ended March 31, 2010), not per-segment headcounts. Charge shown is six-month rationalization expense of $74M (severance and benefits component: $48M expense); rationalization liability was $122M at September 30, 2009 and $87M at March 31, 2010. Filer expects full-year FY2010 rationalization costs of approximately $145M to $170M. Actions included workforce reductions, facility consolidation, production shifts from North America/Europe to Asia, and outsourcing of freight operations; no announcement date or completion date disclosed. | |||
| 2010-03-31 | restructuring | in_progress | 1,800 | Global | All Segments | USD 74 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions during the first six months of 2010 involved the elimination of 1,800 positions across Process Management, Industrial Automation, Network Power, Climate Technologies, and Appliance and Tools segments. | |||
| 2009-12-31 | restructuring | in_progress | 800 | 2010-09-30 | Worldwide (North America, Europe, Asia) | All segments: Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools | USD 38 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated program; filer discloses only a total of 800 positions eliminated in the quarter, not per-segment headcounts. Rationalization expense by segment was disclosed (Process Management $7M, Industrial Automation $18M, Network Power $7M, Climate Technologies $3M, Appliance and Tools $3M). Full-year fiscal 2010 rationalization costs estimated at $150M–$175M; rationalization liability was $120M at 2009-12-31. Actions included workforce reductions and facility consolidations. | ||
| 2009-12-31 | acquisition_addition | completed | 2009-11-06 | 2009-11-06 | Germany (SSB Group GmbH) | Industrial Automation | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired SSB Group GmbH, designer/manufacturer of electrical pitch systems for wind turbines, for approximately $145M cash; SSB 2009 revenues approximately $115M. Headcount added not disclosed; purchase price allocation preliminary. | |||
| 2009-12-31 | acquisition_addition | completed | 2009-12-11 | 2009-12-11 | United States (Avocent Corporation) | Network Power | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Avocent Corporation for $1.2B cash; Avocent (excluding LANDesk) 2009 revenues $390M. Headcount added not disclosed; purchase price allocation preliminary. | |||
| 2009-12-31 | divestiture_reduction | announced | 2009-12-11 | 2010-09-30 | Global (LANDesk business unit) | Network Power (LANDesk — management and security software) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | In connection with the Avocent acquisition, Emerson began pursuing sale of the LANDesk unit (2009 revenues $150M), expecting completion in fiscal 2010. LANDesk results reported in discontinued operations; assets approximately $0.5B and liabilities approximately $0.1B. Headcount removed not disclosed. | |||
| 2009-12-31 | restructuring | in_progress | 800 | 2009-12-31 | Global | All segments | USD 38 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions involved elimination of 800 positions across Process Management, Industrial Automation, Network Power, Climate Technologies, and Appliance and Tools segments. Includes workforce reductions, facility consolidations, and outsourcing. | ||
| 2009-09-30 | restructuring | in_progress | 20,000 | Worldwide | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 295 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2009 activity only: approximately 20,000 positions eliminated (about half from restructuring actions, remainder via layoffs and attrition) and approximately 25 production, distribution or office facilities exited. Charge covers severance, lease terminations, asset write-downs, vacant facility and start-up/moving costs. Filer expects further rationalization expense of $125-175 million in fiscal 2010; no announcement date or completion date disclosed. | |||
| 2009-09-30 | acquisition_addition | completed | Worldwide | Process Management, Industrial Automation, Climate Technologies, Appliance and Tools | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2009 acquisitions of Roxar ASA, Trident Powercraft, System Plast and several smaller businesses; approximately $776 million cash paid and approximately $530 million annualized sales acquired. Headcount added through these acquisitions is not disclosed. | |||||
| 2009-09-30 | acquisition_addition | announced | 2009-12-31 | United States | Network Power | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | First quarter fiscal 2010 tender offer to acquire Avocent Corporation for approximately $1.2 billion in cash, expected to close December 2009; headcount added not disclosed. | ||||
| 2009-09-30 | restructuring | completed | 20,000 | 2009-10-01 | 2009-09-30 | Worldwide | All segments | USD 295 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Elimination of approximately 20,000 positions, half from restructuring actions and remainder through layoffs and attrition. Includes exit of ~25 facilities. | |
| 2009-09-30 | restructuring | completed | 20,000 | 2009-01-01 | 2009-09-30 | Global | All Segments | USD 295 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions to exit approx. 25 facilities and eliminate approx. 20,000 positions (half restructuring, remainder layoffs/attrition). Total rationalization expense $295 million. | |
| 2009-09-30 | acquisition_addition | completed | 2009-01-01 | 2009-09-30 | Global | Process Management, Industrial Automation, Climate Technologies, Appliance and Tools | USD 776 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquired Roxar ASA, Trident Powercraft, System Plast, and several smaller businesses. Total cash paid approx. $776 million. Headcount not explicitly disclosed. | ||
| 2009-06-30 | restructuring | in_progress | 20,000 | 2009-09-30 | Worldwide | All segments | USD 149 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Cumulative actions over nine months ended 2009-06-30 reduced force count by 20,000 positions; about half from restructuring actions, remainder through layoffs and attrition. Severance and benefits expense of $149M for the nine months; full-year rationalization costs guided to $280M-$300M. No total workforce disclosed, so percent of workforce not computable. | ||
| 2009-06-30 | plant_closure | in_progress | 2009-09-30 | Worldwide | All segments | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company exited and consolidated approximately 20 production, distribution or office facilities during the nine months; associated headcount not separately disclosed. | ||||
| 2009-06-30 | acquisition_addition | completed | 2009-04-30 | Norway | Process Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Roxar ASA for ~$190M cash plus ~$222M assumed debt; annual revenues ~$200M. Headcount added not disclosed; announcement month only (April 2009). | ||||
| 2009-06-30 | acquisition_addition | completed | 2009-02-28 | India | Industrial Automation | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Trident Powercraft Private Limited for ~$125M cash; annual revenues ~$40M. Headcount added not disclosed; announcement month only (February 2009). | ||||
| 2009-06-30 | acquisition_addition | completed | 2008-12-31 | Italy | Industrial Automation | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired System Plast S.p.A. for ~$200M cash; annual revenues ~$100M. Headcount added not disclosed; announcement month only (December 2008). | ||||
| 2009-06-30 | restructuring | in_progress | 20,000 | Worldwide | All Segments | USD 190 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of force count by 20,000 positions (approx. half from restructuring, remainder from layoffs/attrition) and exit/consolidation of approx. 20 facilities. Includes severance, benefits, start-up, moving, and shutdown costs. | |||
| 2009-03-31 | restructuring | in_progress | 2009-09-30 | Global | Process Management | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2009 expense; includes severance, start-up/moving costs, and facility consolidation. No employee count disclosed. | |||
| 2009-03-31 | restructuring | in_progress | 2009-09-30 | Global | Industrial Automation | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2009 expense; includes severance and start-up/moving costs for North American production consolidation. No employee count disclosed. | |||
| 2009-03-31 | restructuring | in_progress | 2009-09-30 | Global | Network Power | USD 50 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2009 expense; includes production consolidation in North America/Europe, shift of capabilities from Europe to Asia, and Embedded Computing acquisition integration. No employee count disclosed. | |||
| 2009-03-31 | restructuring | in_progress | 2009-09-30 | Global | Climate Technologies | USD 22 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2009 expense; includes European facility relocation and downsizing in North America and Asia. No employee count disclosed. | |||
| 2009-03-31 | restructuring | in_progress | 2009-09-30 | Global | Appliance and Tools | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2009 expense; includes North American production consolidation and salaried workforce reductions. No employee count disclosed. | |||
| 2009-03-31 | acquisition_addition | completed | 2008-12-01 | Global | Industrial Automation | USD 200 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired System Plast S.p.A. for approximately $200 million cash; annual revenues approximately $100 million. No headcount disclosed. Announcement date approximate (December 2008). | |||
| 2009-03-31 | acquisition_addition | completed | 2009-02-01 | India | Industrial Automation | USD 125 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Trident Powercraft Private Limited for approximately $125 million cash; annual revenues approximately $40 million. No headcount disclosed. Announcement date approximate (February 2009). | |||
| 2009-03-31 | acquisition_addition | announced | 2009-04-01 | Global | Process Management | USD 190 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Roxar ASA for approximately $190 million cash plus $222 million assumed debt; annual revenues approximately $200 million. Subsequent event after March 31, 2009 quarter end. No headcount disclosed. Announcement date approximate (April 2009). | |||
| 2009-03-31 | restructuring | in_progress | North America | Industrial Automation | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance, benefits, and start-up/moving costs related to consolidation of production facilities. | ||||
| 2009-03-31 | restructuring | in_progress | North America, Europe, Asia | Network Power | USD 50 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of power systems production, shifting capabilities from Europe to Asia, and Embedded Computing integration costs. | ||||
| 2009-03-31 | restructuring | in_progress | Europe, North America, Asia | Climate Technologies | USD 22 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Relocation of production facility in Europe and downsizing of operations in North America and Asia. | ||||
| 2009-03-31 | restructuring | in_progress | North America | Appliance and Tools | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Consolidation and downsizing of production facilities and salaried workforce reductions. | ||||
| 2009-03-31 | restructuring | in_progress | Global | Process Management | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization expenses for the six months ended March 31, 2009. | ||||
| 2008-12-31 | restructuring | in_progress | Process Management | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2009 rationalization expense by segment; no employee counts disclosed. Program described as ongoing across divisions. | |||||
| 2008-12-31 | restructuring | in_progress | Industrial Automation | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2009 rationalization expense by segment; no employee counts disclosed. | |||||
| 2008-12-31 | restructuring | in_progress | North America; Europe; Asia | Network Power | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes severance and start-up/moving costs for consolidating power systems production into low-cost areas of North America and Europe, shifting engineering from Europe to Asia, and Embedded Computing acquisition integration costs. No employee counts disclosed. | ||||
| 2008-12-31 | restructuring | in_progress | Europe | Climate Technologies | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes severance related to relocation of a production facility in Europe. No employee counts disclosed. | ||||
| 2008-12-31 | restructuring | in_progress | North America | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Includes severance for consolidation and downsizing of certain North American production facilities. No employee counts disclosed. Company expects total FY2009 rationalization expense of approximately $175M–$200M. | ||||
| 2008-12-31 | acquisition_addition | completed | 2008-12-31 | Industrial Automation | USD 200 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired System Plast (engineered modular belts and conveyor components) for approximately $200 million cash in December 2008; target has annual revenues of approximately $100 million. Headcount added not disclosed. | ||||
| 2008-12-31 | restructuring | in_progress | North America, Europe, Asia | Network Power | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance, benefits, start-up, moving costs, and integration costs for Embedded Computing acquisition. | ||||
| 2008-12-31 | restructuring | in_progress | Europe | Climate Technologies | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance related to relocation of a production facility. | ||||
| 2008-12-31 | restructuring | in_progress | North America | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance related to consolidation and downsizing of certain production facilities. | ||||
| 2008-12-31 | restructuring | in_progress | Global | Process Management | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization expense for the segment. | ||||
| 2008-12-31 | restructuring | in_progress | Global | Industrial Automation | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization expense for the segment. | ||||
| 2008-09-30 | restructuring | in_progress | 2,300 | Global | All segments | USD 98 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2008 activity only: exit of about 10 production, distribution or office facilities and elimination of about 2,300 positions; $98M rationalization expense includes $6M in discontinued operations. Ongoing multi-year program; filer expects $125M-$150M of rationalization expense in fiscal 2009. | |||
| 2008-09-30 | divestiture_reduction | completed | 2008-09-30 | Europe | Appliance and Tools | USD 92 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the European appliance motor and pump business completed in fiscal 2008 for about $101M, resulting in a $92M loss (including goodwill impairment). Headcount transferred with the business is not disclosed. | |||
| 2008-09-30 | divestiture_reduction | completed | 2007-12-31 | United States | Process Management | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divestiture of the Brooks Instrument flow meters and flow controls unit in the first quarter of fiscal 2008 for $100M (pretax gain of $63M). Headcount removed is not disclosed. | ||||
| 2008-09-30 | acquisition_addition | completed | 2007-12-31 | Global | Network Power (plus smaller Process Management and Network Power businesses) | USD 561 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Motorola Inc.'s Embedded Computing business and several smaller businesses in fiscal 2008; total cash paid about $561M with annualized sales of $665M. Employees added are not disclosed. | |||
| 2008-09-30 | restructuring | in_progress | North America | Appliance and Tools — North American appliance control business | USD 31 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | $31M goodwill impairment tied to a major customer's supplier diversification; operations to be restructured and integrated into the North American appliance motors business, including elimination of redundant capacity and substantial overhead reduction. Position counts not disclosed. | ||||
| 2008-09-30 | restructuring | completed | 2,300 | 2008-09-30 | 2008-09-30 | Worldwide | Multiple segments | USD 98 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of approximately 10 production, distribution, or office facilities, including elimination of approximately 2,300 positions. Total rationalization expense was $98 million. | |
| 2008-09-30 | restructuring | completed | 2,300 | 2008-09-30 | 2008-09-30 | Global | Various segments | USD 98 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Rationalization of operations including exit of approximately 10 facilities and elimination of approximately 2,300 positions during fiscal 2008. Total rationalization expense was $98 million. | |
| 2008-06-30 | restructuring | in_progress | Process Management | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month rationalization expense for the segment; no employee counts disclosed. Consolidated program expense was $53M YTD (including $4M in discontinued operations); FY2008 total expected to be about $90M. | |||||
| 2008-06-30 | restructuring | in_progress | Asia and North America | Industrial Automation | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month expense covering severance and move costs from consolidating power transmission facilities; no employee counts disclosed. | ||||
| 2008-06-30 | restructuring | in_progress | United States, Europe, Mexico, North America | Network Power | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month expense covering Artesyn power conversion facility closures and production shifts to Mexico; no employee counts disclosed. | ||||
| 2008-06-30 | restructuring | in_progress | Mexico, Eastern Europe, United States, Europe | Climate Technologies | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month expense covering capacity expansion in Mexico/Eastern Europe and US/European production consolidation; no employee counts disclosed. | ||||
| 2008-06-30 | restructuring | in_progress | Canada, Mexico, Europe | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month expense covering production shifts from Canada to Mexico and European motor production closure; no employee counts disclosed. Segment amounts sum to $49M; remaining $4M of the $53M YTD total sits in discontinued operations. | ||||
| 2008-06-30 | divestiture_reduction | announced | 2008-09-30 | Europe | Appliance and Tools | USD 36 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive sale agreement for the European appliance motor and pump business signed during Q3 FY2008 for EUR72M ($113M), triggering a $36M additional loss; expected to close within the fiscal year ending 2008-09-30, subject to European competition review. A $52M goodwill impairment was recorded in Q2 FY2008. No headcount disclosed; business reported in discontinued operations with YTD sales of $349M. | |||
| 2008-06-30 | acquisition_addition | completed | 2007-12-31 | Network Power | USD 12 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Motorola Inc.'s Embedded Computing business for about $350M cash, closed 2007-12-31; calendar 2007 revenue of about $560M. Charge shown is the in-process R&D charge recorded in Q1 FY2008. No headcount added disclosed. | ||||
| 2008-06-30 | divestiture_reduction | completed | Process Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Brooks Instrument flow meters and flow controls unit completed in Q1 FY2008 for $100M, producing a $63M pretax gain ($42M after-tax); results classified as discontinued operations. No headcount removed disclosed. | ||||||
| 2008-06-30 | restructuring | in_progress | Global | Process Management | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2008. Includes severance and start-up/moving costs. | ||||
| 2008-06-30 | restructuring | in_progress | Global | Industrial Automation | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2008. Consolidation of power transmission facilities in Asia and North America. | ||||
| 2008-06-30 | restructuring | in_progress | Global | Network Power | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2008. Closure of Artesyn facilities and shifting production to Mexico. | ||||
| 2008-06-30 | restructuring | in_progress | Global | Climate Technologies | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2008. Capacity expansion in Mexico/Eastern Europe and consolidation in US/Europe. | ||||
| 2008-06-30 | restructuring | in_progress | Global | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Nine months ended June 30, 2008. Shifting production from Canada to Mexico and closure of motor production in Europe. | ||||
| 2008-06-30 | divestiture_reduction | completed | Europe | Appliance and Tools | USD 88 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of European appliance motor and pump business. Includes $52M goodwill impairment and $36M loss on sale. Classified as discontinued operations. | ||||
| 2008-06-30 | divestiture_reduction | completed | United States | Process Management | USD -63 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Brooks Instrument flow meters and flow controls unit. Resulted in $63M pretax gain. | ||||
| 2008-03-31 | restructuring | in_progress | 2008-09-30 | Process Management | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rationalization expense for the six months ended March 31, 2008; no employee count or specific action detail disclosed for this segment. Company expects full-year fiscal 2008 rationalization expense of approximately $85-95 million. | ||||
| 2008-03-31 | restructuring | in_progress | 2008-09-30 | Asia and North America | Industrial Automation | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2008 expense. Severance and start-up/moving costs tied to consolidating power transmission facilities in Asia and North America; employee counts not disclosed. | |||
| 2008-03-31 | restructuring | in_progress | 2008-09-30 | United States, Europe, Mexico and North America | Network Power | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2008 expense. Includes severance for closing power conversion facilities acquired with Artesyn and shifting production from the U.S. and Europe to Mexico; employee counts not disclosed. | |||
| 2008-03-31 | restructuring | in_progress | 2008-09-30 | United States, Mexico and Eastern Europe | Climate Technologies | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2008 expense. Start-up costs for capacity expansion in Mexico and Eastern Europe plus consolidation of certain U.S. production facilities; employee counts not disclosed. | |||
| 2008-03-31 | restructuring | in_progress | 2008-09-30 | Canada, Mexico and Europe | Appliance and Tools | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2008 expense. Severance and start-up/moving costs for shifting production from Canada to Mexico and closing certain European motor production; employee counts not disclosed. | |||
| 2008-03-31 | divestiture_reduction | in_progress | 2009-03-31 | Europe | Appliance and Tools (European appliance motor and pump business, classified as discontinued operations) | USD 3 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale actively pursued with completion expected within twelve months of March 31, 2008; headcount not disclosed. Charge is the rationalization expense included in the six-month roll-forward for this business; a separate $52 million goodwill impairment was recorded in Q2 2008. | |||
| 2008-03-31 | acquisition_addition | completed | 2007-12-31 | 2007-12-31 | Network Power | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Motorola Inc.'s Embedded Communications Computing business for approximately $350 million cash on December 31, 2007; calendar 2007 revenue of approximately $560 million. Headcount added not disclosed; a $15 million in-process R&D charge was recorded in other deductions. | ||||
| 2008-03-31 | divestiture_reduction | completed | Process Management (Brooks Instrument flow meters and flow controls unit) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale completed during the first quarter of fiscal 2008 (exact date not disclosed); $100 million received and a $63 million pretax gain ($42 million after-tax). Headcount removed not disclosed. | ||||||
| 2008-03-31 | restructuring | in_progress | Global | Process Management | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance and start-up/moving costs for consolidation of facilities. | ||||
| 2008-03-31 | restructuring | in_progress | Asia, North America | Industrial Automation | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and start-up/moving costs for consolidation of power transmission facilities. | ||||
| 2008-03-31 | restructuring | in_progress | United States, Europe, Mexico | Network Power | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance related to Artesyn acquisition closure and shifting production to Mexico. | ||||
| 2008-03-31 | restructuring | in_progress | Mexico, Eastern Europe, United States | Climate Technologies | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Start-up costs for capacity expansion and consolidation of production facilities. | ||||
| 2008-03-31 | restructuring | in_progress | Canada, Mexico, Europe | Appliance and Tools | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and start-up/moving costs for shifting production from Canada to Mexico and closing European motor production. | ||||
| 2008-03-31 | divestiture_reduction | completed | Europe | Appliance and Tools | USD 52 (millions) | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Goodwill impairment charge of $52 million recorded for European appliance motor and pump business classified as held for sale. | ||||
| 2008-03-31 | divestiture_reduction | completed | Global | Process Management | discontinued_operations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Brooks Instrument flow meters and flow controls unit completed in Q1 2008. | |||||
| 2008-03-31 | acquisition_addition | completed | 2007-12-31 | Global | Network Power | USD 350 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Motorola Inc.'s Embedded Communications Computing (ECC) business for approx $350 million cash. | |||
| 2007-12-31 | restructuring | in_progress | Multiple segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rationalization charges of $10M in Q1 FY2008 across five segments; FY2008 total expected $75M–$90M. Severance liability roll-forward disclosed ($37M opening, $31M closing) but no employee counts given. Sub-actions include Asia/North America power transmission consolidation (Industrial Automation) and Artesyn facility closures (Network Power). | |||||
| 2007-12-31 | acquisition_addition | completed | 2007-12-31 | 2007-12-31 | Network Power | USD 350 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Motorola Inc.'s Embedded Communications Computing business for ~$350M cash on 2007-12-31; ECC had calendar 2007 revenue ~$560M. No headcount disclosed. Included in Network Power segment. | |||
| 2007-12-31 | divestiture_reduction | completed | Process Management | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold Brooks Instrument flow meters and flow controls unit during Q1 FY2008 for $100M, pretax gain $63M ($42M after-tax). No headcount disclosed. | ||||||
| 2007-12-31 | restructuring | in_progress | Asia and North America | Industrial Automation | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and start-up/moving costs related to consolidation of power transmission facilities. | ||||
| 2007-12-31 | restructuring | in_progress | North America | Network Power | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance related to closure of Artesyn facilities; start-up/moving costs for power systems consolidation. | ||||
| 2007-12-31 | restructuring | in_progress | Global | Process Management | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization costs incurred during the quarter. | ||||
| 2007-12-31 | restructuring | in_progress | Global | Climate Technologies | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization costs incurred during the quarter. | ||||
| 2007-12-31 | restructuring | in_progress | Global | Appliance and Tools | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization costs incurred during the quarter. | ||||
| 2007-09-30 | restructuring | in_progress | 2,200 | Global | All segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 83 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2007 activity only: exit of about 25 production, distribution or office facilities and elimination of about 2,200 positions, plus costs from prior-period actions. Segment expense detail disclosed (PM 15, IA 14, NP 23, CT 9, A&T 22) but headcount not broken out by segment. Company expected FY2008 rationalization expense of $90-100 million. | |||
| 2007-09-30 | acquisition_addition | completed | Global | Process Management (Damcos); Network Power (Stratos); smaller businesses mainly in Process Management and Appliance and Tools | USD 295 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cash paid net of cash acquired and debt assumed; annualized sales of acquired businesses were $240 million. Headcount added through these acquisitions not disclosed. | ||||
| 2007-09-30 | divestiture_reduction | completed | Not disclosed | Two small business units | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divested units had total annual sales of $113 million in fiscal 2006. Headcount removed through divestiture not disclosed. | |||||
| 2007-09-30 | acquisition_addition | announced | 2007-12-31 | Not disclosed | Network Power | USD 350 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Motorola Inc.'s Embedded Communications Computing business, announced in Q4 fiscal 2007; expected close by end of calendar 2007 subject to conditions. ECC 2006 revenue approximately $520 million; headcount not disclosed. | |||
| 2007-09-30 | restructuring | completed | 2,200 | 2007-10-01 | 2007-09-30 | Global | Multiple segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 83 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of approximately 25 production, distribution, or office facilities including elimination of approximately 2,200 positions. Costs related to facilities exited in previous periods also included. | |
| 2007-09-30 | restructuring | completed | 2,200 | 2007-09-30 | 2007-09-30 | Global | Various segments | USD 83 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of approximately 25 production, distribution, or office facilities including elimination of approximately 2,200 positions during fiscal 2007. | |
| 2007-06-30 | restructuring | in_progress | 1,800 | Global (United States, Western Europe, Eastern Europe, Asia, Mexico, China) | All five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools | USD 60 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,800 positions eliminated during the nine months ended June 30, 2007 as part of ongoing rationalization actions; $60 million expense for the nine months, with full-year fiscal 2007 rationalization expense guided to $85-95 million. Filer presents the expense by segment (Process Management $8M, Industrial Automation $11M, Network Power $14M, Climate Technologies $9M, Appliance and Tools $18M) but discloses the headcount reduction only as a consolidated total. Rationalization liability roll-forward: $45M at September 30, 2006, $60M expense, $69M paid/utilized, $36M at June 30, 2007. | |||
| 2007-06-30 | acquisition_addition | completed | Denmark (marine/shipbuilding industry customers) | Process Management | USD 214 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Damcos Holding AS acquired in January 2007 for approximately $214 million (net of cash acquired, including ~$50 million assumed debt); annual revenues of approximately $90 million. Headcount added through the acquisition is not disclosed. | ||||
| 2007-06-30 | acquisition_addition | announced | 2007-07-12 | United States | Network Power | USD 86 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Stratos International, Inc. entered into during the third quarter of fiscal 2007; transaction closed July 12, 2007 for approximately $86 million in cash (net of $31 million cash acquired). Annual revenue of approximately $93 million. Headcount added through the acquisition is not disclosed. | |||
| 2007-06-30 | restructuring | in_progress | 1,800 | Global | All Segments | USD 60 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of approximately 1,800 positions during the first nine months of 2007. Includes severance, start-up, moving, and shutdown costs across Process Management, Industrial Automation, Network Power, Climate Technologies, and Appliance and Tools segments. | |||
| 2007-03-31 | restructuring | in_progress | China; Western Europe; Eastern Europe; Asia | Process Management | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2007 charge. China capacity start-up plus relocation of Western European operations. No employee count disclosed. | ||||
| 2007-03-31 | restructuring | in_progress | Asia | Industrial Automation | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2007 charge. Severance and start-up costs consolidating power transmission facilities. No employee count disclosed. | ||||
| 2007-03-31 | restructuring | in_progress | United States; Europe; Mexico | Network Power | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2007 charge. Severance from Artesyn power conversion facility closures and production shift to Mexico. No employee count disclosed. | ||||
| 2007-03-31 | restructuring | in_progress | Mexico; Eastern Europe; United States | Climate Technologies | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2007 charge. Capacity start-up in Mexico and Eastern Europe plus US production consolidation. No employee count disclosed. | ||||
| 2007-03-31 | restructuring | in_progress | Canada; Mexico; Europe | Appliance and Tools | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2007 charge. Production shifting from Canada to Mexico and closure of certain European motor production. No employee count disclosed. | ||||
| 2007-03-31 | acquisition_addition | completed | 2007-01 | Process Management | USD 214 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price net of cash acquired, including about $50 million assumed debt. Damcos annual revenues about $90 million; no headcount disclosed. | ||||
| 2007-03-31 | restructuring | in_progress | China, Western Europe, Eastern Europe, Asia | Process Management | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes start-up costs for capacity expansion in China and severance/moving costs for operations moving from Western Europe to Eastern Europe/Asia. | ||||
| 2007-03-31 | restructuring | in_progress | Asia | Industrial Automation | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance and start-up/moving costs for consolidation of power transmission facilities. | ||||
| 2007-03-31 | restructuring | in_progress | United States, Europe, Mexico | Network Power | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance for closure of Artesyn-acquired facilities and shifting production to Mexico. | ||||
| 2007-03-31 | restructuring | in_progress | Mexico, Eastern Europe, United States | Climate Technologies | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes start-up costs for capacity expansion and consolidation of production facilities in the US. | ||||
| 2007-03-31 | restructuring | in_progress | Canada, Mexico, Europe | Appliance and Tools | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance and moving costs for shifting production from Canada to Mexico and closure of motor production in Europe. | ||||
| 2006-12-31 | restructuring | in_progress | United States, Asia (per narrative) | Industrial Automation | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2007 rationalization expense; severance and start-up/moving costs tied to consolidating power transmission facilities in Asia. Employee counts not disclosed. | ||||
| 2006-12-31 | restructuring | in_progress | United States, Mexico | Network Power | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2007 rationalization expense; severance for closing power conversion facilities acquired with Artesyn, plus moving production from the U.S. to Mexico. Employee counts not disclosed. | ||||
| 2006-12-31 | restructuring | in_progress | United States, Mexico, Eastern Europe | Climate Technologies | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2007 rationalization expense; start-up costs for capacity expansion in Mexico and Eastern Europe and consolidation of certain U.S. production facilities. Employee counts not disclosed. | ||||
| 2006-12-31 | restructuring | in_progress | Not specified | Process Management | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2007 rationalization expense by segment; no narrative detail or employee counts disclosed for this segment. | ||||
| 2006-12-31 | restructuring | in_progress | Not specified | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 FY2007 rationalization expense by segment; no narrative detail or employee counts disclosed for this segment. Company expects total FY2007 rationalization expense of approximately $85-100 million. | ||||
| 2006-12-31 | acquisition_addition | announced | 2007-01 | Denmark (Damcos Holding AS) | Process Management | USD 214 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired January 2007 for approximately $214 million including assumed debt; target has annual revenues of about $90 million. Headcount added not disclosed. | |||
| 2006-12-31 | restructuring | in_progress | Asia | Industrial Automation | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and start-up/moving costs for consolidation of power transmission facilities. | |||||
| 2006-12-31 | restructuring | in_progress | United States; Mexico | Network Power | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance for Artesyn facility closures; start-up/moving costs for production shift to Mexico. | |||||
| 2006-12-31 | restructuring | in_progress | Mexico; Eastern Europe; United States | Climate Technologies | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Start-up costs for capacity expansion; consolidation of US production facilities. | |||||
| 2006-09-30 | restructuring | in_progress | 1,700 | Global | Multiple segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 84 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2006 activity: exit of approximately 10 production, distribution or office facilities and elimination of approximately 1,700 positions, plus costs for facilities exited in prior periods. Charge of $84M is total rationalization expense for FY2006 (severance, lease terminations, start-up/moving and vacant facility costs). Expected FY2007 rationalization expense approximately $100M. | |||
| 2006-09-30 | acquisition_addition | completed | Global | Network Power (Artesyn, Knürr); Process Management (Bristol); smaller businesses mainly in Industrial Automation and Appliance and Tools | USD 752 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2006 acquisitions with annualized sales of $920M; $752M cash paid net of cash acquired and debt assumed. Headcount added through these acquisitions not disclosed; charge value shown is purchase consideration, not a workforce charge. | ||||
| 2006-09-30 | divestiture_reduction | in_progress | 2007-09-30 | Global | Materials testing business and several other small business units | USD 14 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Divested or planned divestiture of several small units with combined annual sales of $171M in FY2006; materials testing sale closed in Q4 FY2006 with a $31M pretax gain ($22M after tax), while remaining units were written down to net realizable value resulting in a $14M pretax charge ($2M after tax) with sales expected to close in 2007. Headcount removed not disclosed. | |||
| 2006-09-30 | restructuring | completed | 1,700 | 2006-10-01 | 2006-09-30 | Global | Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools | USD 84 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of approximately 10 production, distribution, or office facilities including elimination of approximately 1,700 positions during fiscal 2006. | |
| 2006-09-30 | restructuring | completed | 1,700 | 2006-09-30 | 2006-09-30 | Global | Multiple segments | USD 84 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of approx. 10 facilities including elimination of 1,700 positions. Costs include severance, lease terminations, and start-up/moving costs. | |
| 2006-06-30 | restructuring | in_progress | 2006-09-30 | United States, Western Europe, Eastern Europe, China, Mexico | All five segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 53 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program; $53M expense for nine months ended 2006-06-30 (segment split: Appliance and Tools $18M, Climate Technologies $11M, Industrial Automation $9M, Network Power $9M, Process Management $6M). Severance liability roll-forward: $33M opening, $53M expense, $24M from acquisitions, $64M paid, $46M closing. No employee counts disclosed. FY2006 rationalization expense guided to $80M-$90M. Includes plant shutdowns and start-up/moving costs for shifting production to China, Mexico and Eastern Europe. | |||
| 2006-06-30 | acquisition_addition | completed | Global | Network Power | USD 483 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Artesyn Technologies, Inc. acquired during Q3 FY2006 for approximately $483M cash, net of cash acquired and including assumed debt of approximately $84M; annual revenue approximately $425M. Headcount added not disclosed. Opening balance sheets included $24M of rationalization liabilities, primarily related to this acquisition. | ||||
| 2006-06-30 | acquisition_addition | completed | Germany | Network Power | USD 96 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Knürr AG acquired during Q2 FY2006 for approximately $96M including assumed debt; annual revenue approximately $150M. Headcount added not disclosed. | ||||
| 2006-06-30 | acquisition_addition | completed | United States | Process Management | USD 121 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Bristol Babcock acquired during Q2 FY2006 for approximately $121M; annual revenue approximately $80M. Headcount added not disclosed. | ||||
| 2006-06-30 | restructuring | in_progress | Global | Process Management | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance, plant closure, and consolidation costs. | ||||
| 2006-06-30 | restructuring | in_progress | Global | Industrial Automation | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes start-up and moving costs for shifting motor production to Eastern Europe, China, and Mexico. | ||||
| 2006-06-30 | restructuring | in_progress | Global | Network Power | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance, start-up, and vacant facility costs for consolidating power systems operations. | ||||
| 2006-06-30 | restructuring | in_progress | Global | Climate Technologies | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance for moving temperature sensors production to China and start-up costs for new compressor plant in Eastern Europe. | ||||
| 2006-06-30 | restructuring | in_progress | Global | Appliance and Tools | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes severance and start-up costs for shifting tool and motor manufacturing to China and Mexico. | ||||
| 2006-03-31 | restructuring | in_progress | Process Management | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2006 expense; $1 million recorded in Q2. Costs mainly from completing actions initiated in prior periods; no employee counts disclosed. | |||||
| 2006-03-31 | restructuring | in_progress | Western Europe; Eastern Europe; China; Mexico | Industrial Automation | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2006 expense; $3 million recorded in Q2. Start-up and moving costs for shifting motor production to lower-cost regions; no employee counts disclosed. | ||||
| 2006-03-31 | restructuring | in_progress | North America; Europe | Network Power | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2006 expense; $3 million recorded in Q2. Severance, start-up and vacant facility costs for consolidating power systems and administrative operations; no employee counts disclosed. | ||||
| 2006-03-31 | restructuring | in_progress | Western Europe; China | Climate Technologies | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2006 expense; $8 million recorded in Q2. Severance tied to relocating temperature sensors and controls production to China; no employee counts disclosed. | ||||
| 2006-03-31 | restructuring | in_progress | United States; Western Europe; China; Mexico | Appliance and Tools | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended March 31, 2006 expense; $7 million recorded in Q2. Severance and start-up/moving costs for shifting tool and motor manufacturing to China and Mexico; no employee counts disclosed. | ||||
| 2006-03-31 | other | completed | Mexico | USD 9 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax charge recorded in Q2 fiscal 2006 for statutorily mandated Mexican termination benefits, included in net periodic pension expense; no employee counts disclosed. | |||||
| 2006-03-31 | acquisition_addition | completed | 2006-04-28 | Global | Network Power | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement entered during Q2 fiscal 2006; transaction closed April 28, 2006 for approximately $500 million cash net of acquired cash. Artesyn annual revenue approximately $420 million; no headcount disclosed. | ||||
| 2006-03-31 | acquisition_addition | completed | Germany | Network Power | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired during Q2 fiscal 2006 for approximately $96 million including assumed debt. Knürr annual revenue approximately $150 million; no headcount disclosed. | |||||
| 2006-03-31 | acquisition_addition | completed | Process Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired during Q2 fiscal 2006 for approximately $121 million. Bristol Babcock annual revenue approximately $80 million; no headcount disclosed. | ||||||
| 2006-03-31 | restructuring | in_progress | Global | Process Management | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2006. Includes severance and plant closure costs. | ||||
| 2006-03-31 | restructuring | in_progress | Global | Industrial Automation | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2006. Includes start-up and moving costs related to shifting motor production. | ||||
| 2006-03-31 | restructuring | in_progress | Global | Network Power | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2006. Includes severance, start-up and vacant facility costs. | ||||
| 2006-03-31 | restructuring | in_progress | Global | Climate Technologies | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2006. Includes severance related to moving temperature sensors production to China. | ||||
| 2006-03-31 | restructuring | in_progress | Global | Appliance and Tools | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Six months ended March 31, 2006. Includes severance and start-up/moving costs for shifting tool/motor manufacturing. | ||||
| 2005-12-31 | restructuring | in_progress | Process Management | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Quarter rationalization expense; no employee count or specific current-quarter action described for this segment. | |||||
| 2005-12-31 | restructuring | in_progress | Western Europe, Eastern Europe, China, Mexico | Industrial Automation | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Start-up and moving costs for shifting certain motor production from Western Europe to Eastern Europe, China and Mexico. | ||||
| 2005-12-31 | restructuring | in_progress | North America, Europe | Network Power | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and vacant facility costs from consolidating power systems operations in North America and administrative facilities in Europe. | ||||
| 2005-12-31 | restructuring | in_progress | Climate Technologies | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Quarter rationalization expense; no employee count or specific current-quarter action described for this segment. | |||||
| 2005-12-31 | restructuring | in_progress | United States, Western Europe, China, Mexico | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Start-up and moving costs for shifting tool and motor manufacturing from the United States and Western Europe to China and Mexico. Company guides to $80-95M total rationalization expense for fiscal 2006. | ||||
| 2005-12-31 | acquisition_addition | announced | United States | Network Power | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Artesyn Technologies, Inc. for approximately $500 million cash net of acquired cash; annual revenue about $420 million; subject to shareholder and regulatory approvals. No headcount disclosed. | |||||
| 2005-12-31 | acquisition_addition | completed | 2006-01-31 | 2006-01-31 | Germany | Network Power | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Knürr AG for approximately $96 million including assumed debt; annual revenue about $150 million. No headcount disclosed. | |||
| 2005-12-31 | restructuring | in_progress | North America | Process Management | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and plant closure costs related to a valve plant due to consolidating operations. | ||||
| 2005-12-31 | restructuring | in_progress | Western Europe, China, Eastern Europe | Industrial Automation | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Start-up and moving costs related to shifting motor production to leverage costs globally. | ||||
| 2005-12-31 | restructuring | in_progress | North America, Europe | Network Power | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and vacant facility costs related to consolidation of power systems and administrative facilities. | ||||
| 2005-12-31 | restructuring | in_progress | United States, Western Europe, China, Mexico | Appliance and Tools | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Start-up and moving costs related to shifting tool and motor manufacturing to consolidate facilities. | ||||
| 2005-12-31 | restructuring | in_progress | Global | Climate Technologies | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Rationalization costs incurred during the quarter. | ||||
| 2005-09-30 | restructuring | in_progress | 2,100 | Worldwide (approximately 25 production, distribution or office facilities exited) | Company-wide; rationalization expense reported across all five segments | USD 110 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2005 activity only: exit of about 25 facilities and elimination of about 2,100 positions, plus costs from prior-period exits. $33M liability remained at year-end; company expected 2006 rationalization expense of roughly $100M, indicating the program continues. | |||
| 2005-09-30 | acquisition_addition | completed | Not disclosed | Appliance and Tools (Do+Able); Industrial Automation (Numatics); smaller businesses mainly in Process Management and Appliance and Tools | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 2005 acquisitions totaled approximately $466M cash paid (including about $100M assumed debt) with annualized sales of about $430M; headcount added through these acquisitions is not disclosed. | |||||
| 2005-09-30 | restructuring | completed | 2,100 | Global | Multiple segments | USD 110 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Exit of approximately 25 production, distribution or office facilities including elimination of approximately 2,100 positions during 2005. Total rationalization expense was $110 million. | |||
| 2005-09-30 | restructuring | completed | 2,100 | 2005-09-30 | 2005-09-30 | Global | Various segments | USD 110 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of approximately 25 production, distribution or office facilities including elimination of approximately 2,100 positions. Total rationalization expense was $110 million. | |
| 2005-06-30 | restructuring | in_progress | 1,800 | Global (United States, Mexico, China, Europe, Western Europe) | Consolidated across Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools and Corporate | USD 82 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Nine-month rationalization program exiting roughly 20 production, distribution or office facilities and eliminating approximately 1,800 positions, plus costs from prior-period facility exits. Segment rationalization expense for the nine months: Process Management $14M, Industrial Automation $12M, Network Power $29M, Climate Technologies $9M, Appliance and Tools $17M, Corporate $1M. Company expects full-fiscal-2005 rationalization expense of $105M to $115M; no separate completion date disclosed. Headcount impact disclosed only as a consolidated figure, not by segment. | |||
| 2005-06-30 | restructuring | in_progress | 1,800 | Global | Various segments | USD 82 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of approximately 1,800 positions and exit of ~20 facilities during the first nine months of fiscal 2005. | |||
| 2005-03-31 | restructuring | in_progress | 1,000 | Global (includes United States, Mexico, China, Western Europe, Eastern Europe) | Process Management; Network Power; Appliance and Tools (and other segments) | USD 57 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidated program covering the first six months of fiscal 2005: exit of about 15 production, distribution or office facilities and elimination of roughly 1,000 positions, plus costs for prior-period facility exits. Filer presents rationalization costs by segment but gives employee counts only as a single consolidated figure. Full-year fiscal 2005 rationalization expense is estimated at approximately $125 million. No announcement date or completion date disclosed. | |||
| 2005-03-31 | plant_closure | in_progress | North America; Western Europe | Network Power — power systems operations | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the fiscal 2005 rationalization program: Network Power severance and lease-termination costs tied to shifting Western European power systems work to China and Eastern Europe, and consolidating North American power systems into the Marconi operations acquired in 2004. Segment rationalization cost was $22 million for the six months ended March 31, 2005; no separate employee count disclosed. | |||||
| 2005-03-31 | plant_closure | in_progress | Europe; North America | Process Management — analytical instrumentation and valve operations | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the fiscal 2005 rationalization program: consolidation of European analytical instrumentation plants and North American valve operations, plus other cost-reduction actions. Segment rationalization cost was $9 million for the six months ended March 31, 2005; no separate employee count disclosed. | |||||
| 2005-03-31 | plant_closure | in_progress | United States; Mexico; China | Appliance and Tools — industrial and hermetic motor manufacturing; appliance controls | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sub-component of the fiscal 2005 rationalization program: consolidation of motor manufacturing facilities and relocation of appliance control operations from the United States to Mexico and China. Segment rationalization cost was $12 million for the six months ended March 31, 2005; no separate employee count disclosed. | |||||
| 2005-03-31 | restructuring | in_progress | 1,000 | Global | Various (Process Management, Network Power, Appliance and Tools) | USD 57 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of approx. 15 facilities including elimination of approx. 1,000 positions during the six months ended March 31, 2005. | |||
| 2004-12-31 | restructuring | in_progress | 500 | Global (includes United States, Western Europe, Mexico, China) | Process Management; Network Power; Appliance and Tools (rationalization charges also recorded in Industrial Automation and Climate Technologies) | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | First-quarter fiscal 2005 rationalization involved exiting over 5 production, distribution or office facilities and eliminating approximately 500 positions, plus costs from prior-period actions. Segment charges: Network Power $12M, Process Management $5M, Appliance and Tools $6M, Industrial Automation $4M, Climate Technologies $2M. Full-year fiscal 2005 rationalization expense guided to $125M-$130M; no specific completion date or announcement date stated. | |||
| 2004-12-31 | acquisition_addition | completed | Global | Network Power (Marconi power systems operations); Process Management (Metran) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Marconi acquisition (2004) added 12 percent ($80 million) to Network Power quarterly sales; Metran acquisition contributed 1 percent to Process Management underlying sales. Headcount added through these acquisitions is not disclosed in this filing. | |||||
| 2004-12-31 | restructuring | in_progress | 500 | 2004-12-31 | Global | Multiple Segments | USD 29 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of approx. 500 positions and exit of over 5 facilities across Process Management, Network Power, and Appliance and Tools segments. | ||
| 2004-09-30 | restructuring | in_progress | 2,000 | Primarily United States, with actions in Europe, Mexico and China | Consolidated — rationalization across all five segments (Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools) | USD 129 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2004 activity only; program is ongoing with expense expected to be comparable in 2005 (~$130M). Filing states exit of approximately 20 production, distribution or office facilities and elimination of more than 2,000 positions (count stated as 'more than 2,000'). Segment charges for the year: Process Management $31M, Industrial Automation $14M, Network Power $26M, Climate Technologies $17M, Appliance and Tools $47M, Corporate $(6)M. Includes severance and lease termination costs for Western Europe power systems operations shifting to China and Eastern Europe, motor manufacturing shifting from the United States to Mexico and China, a Process Management valve plant closure, and European temperature sensors and controls workforce reductions. Rationalization liability balance at year-end was $46M. | |||
| 2004-09-30 | acquisition_addition | completed | North America | Network Power — Marconi outside plant and power systems business (renamed Emerson Network Power Energy Systems - North America), plus several smaller businesses | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired in fourth quarter of 2004 for $414M cash net of cash acquired, with annualized sales of approximately $430M; headcount added through the acquisition is not disclosed | |||||
| 2004-09-30 | restructuring | completed | 2,000 | 2004-10-01 | 2004-09-30 | Global | Multiple segments (Process Management, Network Power, Climate Technologies, Appliance and Tools) | USD 129 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Includes exit of approximately 20 production, distribution or office facilities and elimination of more than 2,000 positions. Costs include severance, lease terminations, and moving costs. | |
| 2004-09-30 | restructuring | completed | 2,000 | 2004-09-30 | 2004-09-30 | Global | Various segments | USD 129 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Exit of approx. 20 production, distribution or office facilities including elimination of more than 2,000 positions. Includes severance, lease terminations, and moving costs. | |
| 2004-06-30 | restructuring | in_progress | 1,400 | 2004-09-30 | United States, Mexico, China, Western Europe | Process Control; Industrial Automation; Electronics and Telecommunications; HVAC; Appliance and Tools | USD 92 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program: exit of over 10 production, distribution or office facilities and elimination of approximately 1,400 positions in the first nine months of fiscal 2004. Charge shown is nine-month rationalization expense; company expects full fiscal 2004 expense of approximately $125 million. Positions not broken out by segment; segment-level rationalization expense disclosed separately (Process Control $24M, Industrial Automation $11M, Electronics and Telecom $21M, HVAC $13M, Appliance and Tools $31M, Corporate -$8M). | ||
| 2004-06-30 | plant_closure | in_progress | North America | Process Control | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Valve plant closure from consolidating North American operations amid weak market demand; part of the consolidated rationalization program, no separate headcount or charge disclosed. | |||||
| 2004-06-30 | restructuring | in_progress | Western Europe | Electronics and Telecommunications (Emerson Energy Systems) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and lease termination costs for shifting certain Emerson Energy Systems operations from Western Europe to China and Eastern Europe; no separate headcount disclosed. | |||||
| 2004-06-30 | restructuring | in_progress | United States, Mexico, China | Appliance and Tools | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and start-up/moving costs for shifting industrial motor manufacturing from the U.S. to Mexico and China, plus professional tools manufacturing consolidation; no separate headcount disclosed. | |||||
| 2004-06-30 | acquisition_addition | announced | 2004-09-30 | North America | Electronics and Telecommunications (Network Power) | USD 375 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Marconi Corporation PLC's outside plant and power systems business for $375 million cash; target revenues ~$380 million for year ended 2004-03-31. No headcount associated with the transaction disclosed. | |||
| 2004-06-30 | restructuring | in_progress | United States, Mexico, China | Appliance and Tools | USD 14 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and start-up/moving costs for shifting industrial motor manufacturing to Mexico/China and consolidating professional tools operations. | ||||
| 2004-06-30 | restructuring | in_progress | Europe | HVAC | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to workforce reductions in European temperature sensors and controls operations due to weakness in market demand. | |||||
| 2004-06-30 | restructuring | in_progress | Western Europe, China, Eastern Europe | Electronics and Telecommunications | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance and lease termination costs for shifting Emerson Energy Systems operations from Western Europe to China and Eastern Europe. | |||||
| 2004-03-31 | restructuring | in_progress | 1,000 | Global (United States, Mexico, China, Europe) | Multiple segments (Process Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and Tools) | USD 61 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program during the six months ended March 31, 2004 involved closing more than 10 production, distribution or office facilities and eliminating approximately 1,000 positions, plus costs from prior-period facility exits. Charge shown is the six-month rationalization expense; the three-month charge was $28 million. Employee count is disclosed only as a consolidated figure and is not broken out by segment. | |||
| 2004-03-31 | restructuring | in_progress | 1,000 | Global | Multiple segments | USD 61 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Elimination of approximately 1,000 positions and exit of over 10 facilities during the first six months of 2004. | |||
| 2003-12-31 | restructuring | in_progress | Consolidated (includes Electronics and Telecommunications, HVAC, Process Control) | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization charge of $33 million for the quarter (up $6 million year over year); no employee counts disclosed. MD&A attributes costs to closing/relocating facilities in electronics and telecommunications and workforce reductions in HVAC and process control. | |||||
| 2003-12-31 | restructuring | in_progress | North America | Process Control | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Plant closure and severance costs. | ||||
| 2003-12-31 | restructuring | in_progress | Western Europe | Electronics and Telecommunications | USD 5 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Shifting manufacturing to Asia and Eastern Europe. | ||||
| 2003-12-31 | restructuring | in_progress | Europe | HVAC | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Severance costs related to European temperature sensors and controls operations. | |||||
| 2003-12-31 | restructuring | in_progress | Global | Electronics and Telecommunications | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closing and relocating facilities. | |||||
| 2003-12-31 | restructuring | in_progress | Global | HVAC | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions. | |||||
| 2003-12-31 | restructuring | in_progress | Global | Process Control | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Workforce reductions. | |||||
| 2003-09-30 | restructuring | in_progress | Worldwide | All segments (Process Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and Tools) | USD 141 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization program covering start-up, shutdown, moving, asset writedowns and severance; FY2003 charge of $141M split by segment (Process Control $36M, Industrial Automation $20M, Electronics & Telecom $39M, HVAC $20M, Appliance & Tools $36M, Corporate -$2M, Discontinued ops -$8M). No employee count disclosed for FY2003. | ||||
| 2003-09-30 | divestiture_reduction | completed | 2003-05-01 | 2003-06-30 | United States | Electronics and Telecommunications (Dura-Line fiber-optic conduit business) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Board approved plan in May 2003 to restructure Jordan (Emerson Telecommunication Products); Dura-Line operations sold in June 2003 for $6M resulting in an $87M pretax loss reported in discontinued operations. Headcount not disclosed. | |||
| 2003-09-30 | restructuring | completed | 2003-05-01 | 2003-09-30 | United States | Electronics and Telecommunications (retained ETP business) | USD 54 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Goodwill impairment charge of $54M recorded in Q3 FY2003 related to retained ETP business following the Jordan restructuring; majority related to ETP. Headcount impact not disclosed. | ||
| 2003-09-30 | plant_closure | completed | United States | Appliance and Tools (bench top and stationary woodworking power tools) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic decision to discontinue manufacture of bench top and stationary woodworking power tools, which had approximately $60M of sales in 2003. Headcount not disclosed. | |||||
| 2003-09-30 | acquisition_addition | completed | Worldwide | Multiple | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Several small acquisitions completed in FY2003 with aggregate cash paid of $6M; no headcount added disclosed. | |||||
| 2003-09-30 | restructuring | completed | 2003-09-30 | 2003-09-30 | Global | All Segments | USD 141 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Ongoing costs for rationalization of operations. Specific headcount not disclosed for 2003. | ||
| 2003-09-30 | divestiture_reduction | completed | 2003-06-30 | 2003-06-30 | Global | Electronics and Telecommunications | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Sale of Jordan stock including Dura-Line operations. Headcount impact not explicitly quantified. | |||
| 2003-09-30 | restructuring | completed | 2003-09-30 | 2003-09-30 | Global | All Segments | USD 141 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Ongoing costs for rationalization of operations including start-up, shutdown, moving of facilities, asset writedowns, and severance. No specific employee count disclosed for FY2003. | ||
| 2003-09-30 | restructuring | completed | 2003-09-30 | 2003-09-30 | Global | Electronics and Telecommunications | USD 54 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Goodwill impairment charge related to businesses in the Electronics and Telecommunications segment, primarily ETP. No specific employee count disclosed. | ||
| 2003-06-30 | divestiture_reduction | completed | 2003-05 | 2003-06-30 | United States | Electronics and Telecommunications (Dura-Line fiber-optic conduit) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved restructuring of Jordan in May 2003; Dura-Line sold June 2003 for $6M with $87M pretax loss. No employee count disclosed. | |||
| 2003-06-30 | restructuring | in_progress | Global | Multiple segments (Process Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and Tools) | USD 43 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q3 rationalization charge of $43M across segments; YTD charge $100M. No employee counts disclosed. Includes severance, shut-down, start-up, and asset write-down costs. | ||||
| 2003-06-30 | restructuring | completed | 2003-05 | 2003-06 | Electronics and Telecommunications | USD 54 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Goodwill impairment charge related to restructuring of Jordan business and sale of Dura-Line operations. | |||
| 2003-06-30 | divestiture_reduction | completed | 2003-05 | 2003-06 | Electronics and Telecommunications | USD -87 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of Jordan stock including Dura-Line operations resulted in a pretax loss of $87 million. | |||
| 2003-03-31 | restructuring | in_progress | Multiple segments and corporate | USD 65 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization of operations (severance, shut-down/start-up, asset write-downs) of $65M for six months ended 2003-03-31, versus $108M in prior-year period; no employee counts disclosed. Segment detail: Process Control 12, Industrial Automation 9, Electronics & Telecom 25, HVAC 11, Appliance & Tools 12, Corporate (4) for the six months. | |||||
| 2003-03-31 | divestiture_reduction | announced | 2003-05-01 | Jordan | Emerson Telecommunication Products (Dura-Line fiber-optic conduit business referenced) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Board approved plan in May 2003 to divest a portion of the Jordan telecom products business (carrying value ~$270M after $647M goodwill impairment in 2002); possible loss on Dura-Line sale under appraisal. No headcount disclosed; announcement date approximate to May 2003. | ||||
| 2003-03-31 | restructuring | in_progress | USD 36 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ongoing costs for rationalization of operations including severance, shut-down, start-up, asset writedowns for three months ended March 31, 2003. | ||||||
| 2003-03-31 | restructuring | in_progress | USD 65 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ongoing costs for rationalization of operations including severance, shut-down, start-up, asset writedowns for six months ended March 31, 2003. | ||||||
| 2002-12-31 | restructuring | in_progress | Consolidated — rationalization of operations across all five segments and corporate | USD 29 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ongoing rationalization costs of $29 million for the quarter (severance, shut-down/start-up, asset write-downs); no employee counts disclosed. MD&A states the level is slightly higher than normal but trending toward historical levels as actions initiated over a year ago are completed. | |||||
| 2002-12-31 | restructuring | in_progress | Global | Corporate and all segments | USD 29 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Ongoing costs for rationalization of operations including severance, shut-down, start-up, asset writedowns and other costs. | ||||
| 2002-09-30 | restructuring | in_progress | United States, Europe and Asia | Multiple segments | USD 207 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2002 ongoing rationalization costs of $207M (start-up, shutdown, moving, asset writedowns, severance); no FY2002 employee-affected count disclosed. By segment: Process Control $27M, Industrial Automation $33M, Electronics & Telecommunications $71M, HVAC $26M, Appliance and Tools $49M, Corporate $1M. Separately, FY2002 included higher-than-average inventory obsolescence, unabsorbed overhead and bad debts of $70M | ||||
| 2002-09-30 | acquisition_addition | completed | China | Electronics and Telecommunications | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired in Q1 FY2002 for $750M cash (~$710M net of cash acquired), generating $624M goodwill; renamed Emerson Network Power China. Avansys and other smaller FY2002 acquisitions had annualized sales of ~$270M; no headcount disclosed | |||||
| 2002-09-30 | divestiture_reduction | completed | Not specified | Industrial Automation / Process Control | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Three FY2002 divestitures: Chromalox industrial heating ($165M proceeds, $85M pretax gain, Q1), ENI semiconductor equipment exchanged for 12M MKS Instruments shares ($93M pretax gain, Q2), Daniel Valve ($73M proceeds, $42M pretax gain, Q3). Combined annual 2001 sales of ~$300M; no headcount disclosed | |||||
| 2002-09-30 | restructuring | completed | 2,900 | 2001-10-01 | United States, Europe, Asia | Electronics and Telecommunications, Appliance and Tools, Process Control | USD 377 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Pretax incremental repositioning charge of $377 million recognized in Q4 2001. Elimination of approximately 2,900 positions. Exit from over twenty production and office facilities. | ||
| 2002-09-30 | restructuring | completed | 2,900 | 2001-10-01 | United States, Europe, Asia | Electronics and Telecommunications, Appliance and Tools, Process Control | USD 377 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Pretax incremental repositioning charge recognized in Q4 2001 for consolidation, rationalization, exiting non-strategic product lines, and facility dispositions. Included elimination of approximately 2,900 positions. | ||
| 2002-06-30 | restructuring | in_progress | 2001-09-30 | Consolidation and rationalization of operations; exit of certain product lines | USD 377 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge of $377M ($260M after-tax) recognized in Q4 FY2001, including $326M asset/inventory write-downs. Severance and lease-termination exit costs utilized in nine months ended 2002-06-30 were $18M and $8M, with remaining balances of $1M and $24M. No employee counts disclosed. | ||||
| 2002-06-30 | acquisition_addition | completed | 2001-10-01 | China | Network power products (Emerson Network Power China) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Avansys Power Co., Ltd. acquired for $750M cash (~$710M net of cash acquired) in first quarter of fiscal 2002; no headcount added disclosed. | ||||
| 2002-06-30 | divestiture_reduction | completed | 2001-10-01 | Chromalox industrial heating solutions business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture completed in first quarter of fiscal 2002 for $165M, pre-tax gain of $85M; no headcount removed disclosed. | |||||
| 2002-06-30 | divestiture_reduction | completed | 2001-10-01 | ENI semiconductor equipment division (exchanged for 12M MKS Instruments shares) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exchange completed in second quarter of fiscal 2002, pre-tax gain of ~$93M; no headcount removed disclosed. | |||||
| 2002-06-30 | divestiture_reduction | completed | 2001-10-01 | Daniel Valve business (Process Control) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture completed in third quarter of fiscal 2002 for $73M, pre-tax gain of $42M; no headcount removed disclosed. | |||||
| 2002-06-30 | restructuring | in_progress | 2001-12-31 | USD 26 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remaining exit costs for severance ($1 million) and lease terminations ($24 million) from Q4 2001 repositioning charge. $18 million severance and $8 million lease termination costs utilized in the nine months ended June 30, 2002. | |||||
| 2002-03-31 | restructuring | in_progress | 2001 | USD 377 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax incremental repositioning charge of $377M ($260M after-tax) recognized in fiscal Q4 2001 for consolidation, rationalization and exiting product lines; includes $326M asset/inventory writedowns. During six months ended 2002-03-31, severance and lease-termination exit costs of $16M and $5M were utilized, with remaining balances of $3M and $27M. No employee counts disclosed. | |||||
| 2002-03-31 | restructuring | in_progress | 2001-12-31 | USD 377 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pretax incremental repositioning charge recognized in Q4 2001 for consolidation and rationalization of operations. Includes $326M writedown of assets. Exit costs utilized in first six months of 2002 were $16M for severance and $5M for lease terminations. | |||||
| 2001-12-31 | restructuring | in_progress | Not specified | Consolidation and rationalization of operations; exit of certain product lines | USD 377 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pretax charge of $377M ($260M after-tax) recognized in fiscal Q4 2001, including $326M for write-downs of fixed and intangible assets, non-strategic investments and inventory. Current-quarter severance and lease-termination exit costs were $10M and $1M, with remaining accrual balances of $9M and $31M. No employee count disclosed. | ||||
| 2001-12-31 | acquisition_addition | completed | 2001-10-21 | China | Electronics and Telecommunications (network power products) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Avansys Power Co., Ltd. acquired for $750M cash (approximately $710M net of cash acquired); purchase announced via Form 8-K dated 2001-10-21. Headcount added not disclosed. | ||||
| 2001-12-31 | divestiture_reduction | completed | Not specified | Industrial Automation — Chromalox industrial heating solutions business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Divestiture completed in the first quarter of fiscal 2002; $165M proceeds received, producing an $85M pre-tax gain included in other income, net. Headcount removed not disclosed. | |||||
| 2001-12-31 | restructuring | in_progress | 2001-10-01 | USD 377 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Pretax incremental repositioning charge for consolidation and rationalization of operations and exiting of certain product lines. Includes $326M for writedown of assets. Exit costs for severance and lease terminations utilized during current quarter were $10M and $1M, with remaining balances of $9M and $31M. | |||||
| 2001-12-31 | acquisition_addition | completed | 2001-10-21 | China | Electronics and Telecommunications | USD 750 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired Avansys Power Co., Ltd. for $750 million in cash. Headcount not explicitly disclosed. | |||
| 2001-12-31 | divestiture_reduction | completed | Industrial Automation | USD 165 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Divestiture of Chromalox industrial heating solutions business. Received $165 million. Headcount not explicitly disclosed. | |||||
| 2001-09-30 | restructuring | in_progress | 2,900 | 2001 | United States, Europe and Asia | Primarily Electronics and Telecommunications, Appliance and Tools and Process Control | USD 377 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter fiscal 2001 pretax incremental repositioning charge of $377 ($260 after-tax, $0.61 per share) covering consolidation/rationalization ($136), exiting certain product lines ($124), inventory writedown ($65) and other items ($52); includes elimination of approximately 2,900 positions and exit from over twenty production and office facilities. An additional 1,100 positions will be provided for when announced in 2002. Segment charge allocation per Note 12(a): Process Control $69, Industrial Automation $22, Electronics and Telecommunications $83, HVAC $6, Appliance and Tools $163; position counts not broken out by segment. | ||
| 2001-09-30 | acquisition_addition | completed | 2001 | Process Control | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 2001 acquisition of Saab Marine Electronics AB, a radar level gauging equipment manufacturer, plus other smaller businesses; total fiscal 2001 acquisition cash outlay was $200.1 million. Headcount added not disclosed. | |||||
| 2001-09-30 | divestiture_reduction | completed | Industrial Automation | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sweco specialty separation business divested in first quarter of fiscal 2001 for $75 million, producing a $60 million pretax gain. Headcount removed not disclosed. | ||||||
| 2001-09-30 | divestiture_reduction | completed | Process Control | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Xomox valve business sold in third quarter of fiscal 2001 for $145 million, producing a $55 million pretax gain. Headcount removed not disclosed. | ||||||
| 2001-09-30 | other | completed | Appliance and Tools | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter fiscal 2001 joint venture with Crane Co. combining Emerson's Commercial Cam Co. subsidiary with Crane's Ferguson Company division; $24 million pretax gain, accounted for by equity method. Headcount contributed not disclosed. | ||||||
| 2001-09-30 | divestiture_reduction | announced | Electronics and Telecommunications | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent to fiscal year-end, Emerson agreed to exchange its ENI semiconductor equipment division for 12 million common shares of MKS Instruments, Inc. Headcount removed not disclosed. | ||||||
| 2001-09-30 | divestiture_reduction | announced | Appliance and Tools | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent to fiscal year-end, Emerson announced divestiture of its Chromalox industrial heating solutions business. Headcount removed not disclosed. Combined annualized sales of the five divested businesses (Sweco, Xomox, Commercial Cam JV, ENI, Chromalox) were approximately $500 million. | ||||||
| 2001-09-30 | acquisition_addition | completed | China | Electronics and Telecommunications | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | In the first quarter of fiscal 2002 (after fiscal year-end), Emerson acquired Avansys Power Co., Ltd., a Chinese telecom network power products provider, for approximately $750 million in cash. Headcount added not disclosed. | |||||
| 2001-09-30 | restructuring | completed | 2,900 | 2001-09-30 | 2001-09-30 | United States, Europe, Asia | Process Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and Tools | USD 377 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Pretax incremental repositioning charge of $377 million recognized in Q4 2001. Includes consolidation of operations, exiting manufacturing of non-strategic product lines, and inventory writedown. Charge relates to exit from over 20 facilities. 2,900 positions eliminated in 2001; additional 1,100 positions to be provided for in 2002. | |
| 2001-09-30 | restructuring | completed | 2,900 | 2001-09-30 | United States, Europe, Asia | Process Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and Tools | USD 377 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Pretax incremental repositioning charge of $377 million recognized in Q4 2001. Includes elimination of approximately 2,900 positions. Associated with planned disposition of facilities, exiting manufacturing of non-strategic product lines, and inventory writedown. | ||
| 2001-03-31 | divestiture_reduction | completed | Industrial Automation (Sweco specialty separation business) | USD 60 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax gain of $60 million on $75 million received in first quarter; no employee count or workforce impact disclosed. | |||||
| 2000-09-30 | acquisition_addition | completed | 2000-03-31 | Global | Electronics and Telecommunications | USD 985 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Jordan Telecommunication Products acquired in Q2 2000 for approximately $985 million; purchase price shown, no headcount disclosed. | |||
| 2000-09-30 | acquisition_addition | completed | 2000-06-30 | Global | Electronics and Telecommunications | USD 725 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Ericsson Energy Systems acquired in Q3 2000 for approximately $725 million; no headcount disclosed. | |||
| 2000-09-30 | acquisition_addition | completed | 2000-09-30 | United States | Appliance and Tools | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Knaack (professional tool storage) and other smaller businesses acquired during 2000; combined 2000 acquisitions had annualized sales of approximately $1,160 million; no headcount disclosed. | ||||
| 2000-09-30 | divestiture_reduction | completed | 2000-06-30 | Global | Industrial Automation | USD 80 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Interest in Krautkramer non-destructive testing business disposed in Q3 2000 for $86 million, pretax gain of approximately $80 million; no headcount disclosed. | |||
| 2000-09-30 | divestiture_reduction | completed | 2000-09-30 | United States | Appliance and Tools | USD 37 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Interest in Vermont American disposed during second half of fiscal 2000, gain of approximately $37 million; no headcount disclosed. | |||
| 2000-09-30 | divestiture_reduction | completed | 2000-09-30 | Global | other | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | BI Technologies divested during fiscal 2000; Krautkramer, VA and BI Technologies together had total annual 1999 sales of nearly $600 million; no headcount disclosed. | ||||
| 2000-06-30 | acquisition_addition | completed | United States | Electronics and Telecommunications | USD 985 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Jordan Telecommunication Products acquired in fiscal Q2 2000 for approximately $985 million; renamed Emerson Telecommunication Products. Headcount not disclosed. | ||||
| 2000-06-30 | acquisition_addition | completed | United States | Appliance and Tools | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Knaack, a professional tool storage equipment manufacturer, acquired in fiscal Q2 2000; purchase price not separately disclosed. Headcount not disclosed. | |||||
| 2000-06-30 | acquisition_addition | completed | Sweden | Electronics and Telecommunications | USD 725 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ericsson Energy Systems acquired in fiscal Q3 2000 for approximately $725 million; renamed Emerson Energy Systems. Headcount not disclosed. | ||||
| 2000-06-30 | divestiture_reduction | in_progress | United States | Appliance and Tools | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Vermont American deconsolidated in fiscal Q3 2000 pending divestiture to joint venture partner Robert Bosch GmbH; VA, BI Technologies and Krautkramer together represent annual 1999 sales of nearly $600 million. Headcount not disclosed. | |||||
| 2000-06-30 | divestiture_reduction | completed | Germany | Industrial Automation | USD 80 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Interest in Krautkramer non-destructive testing business disposed of in fiscal Q3 2000 for $86 million, producing a pre-tax gain of about $80 million ($46 million after tax). Headcount not disclosed. | ||||
| 2000-06-30 | restructuring | in_progress | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company incurred rationalization-of-operations costs in fiscal Q3 2000 that substantially offset the Krautkramer gain; no employee counts or charge amounts disclosed. | |||||||
| 2000-03-31 | acquisition_addition | completed | Global | Electronics and Telecommunications | USD 985 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Jordan Telecommunication Products (renamed Emerson Telecommunication Products) for approximately $985 million during fiscal Q2 2000; no employee count disclosed. Purchase price recorded as acquisition consideration, not a workforce charge. | ||||
| 2000-03-31 | acquisition_addition | completed | United States | Appliance and Tools | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Knaack, a professional tool storage equipment manufacturer, in fiscal Q2 2000; purchase price and employee count not disclosed. | |||||
| 2000-03-31 | acquisition_addition | completed | Global | Electronics and Telecommunications | USD 725 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Ericsson Energy Systems (renamed Emerson Energy Systems) for approximately $725 million in fiscal Q3 2000, i.e., after the March 31, 2000 quarter end; no employee count disclosed. | ||||
| 2000-03-31 | divestiture_reduction | announced | United States | Appliance and Tools | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision announced to sell the Company's interest in the Vermont American joint venture to Robert Bosch GmbH; VA ceases to be consolidated beginning fiscal Q3 2000. No employee count disclosed. | |||||
| 2000-03-31 | divestiture_reduction | announced | Global | Process Control | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Planned divestiture of the Krautkramer non-destructive testing business; no employee count or completion date disclosed. | |||||
| 2000-03-31 | divestiture_reduction | completed | Global | Other | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | BI Technologies reported among divested businesses in segment data; no employee count or timing disclosed. | |||||
| 1999-12-31 | acquisition_addition | in_progress | Global | Electronics and Telecommunications | USD 985 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price of approximately $985 million for Jordan Telecommunication Products (renamed Emerson Telecommunication Products); no headcount disclosed. Stated as occurring in the second quarter of fiscal 2000, i.e., after this quarter's close. | ||||
| 1999-12-31 | acquisition_addition | announced | Global | Electronics and Telecommunications | USD 725 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Ericsson Energy Systems for approximately $725 million, subject to regulatory approval and customary conditions; no headcount disclosed. | ||||
| 1999-12-31 | divestiture_reduction | announced | Appliance and Tools (Vermont American joint venture interest) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company announced decision to sell its interest in Vermont American to joint venture partner Robert Bosch GmbH; no headcount impact disclosed. | ||||||
| 1999-12-31 | other | announced | 2000-02-03 | Corporate — Office of the Vice Chairman | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | George W. Tamke, vice chairman and co-chief executive officer, informed the Board on February 3, 2000 that he is resigning to pursue other opportunities. | |||||
| 1999-06-30 | acquisition_addition | completed | United States | Commercial and Industrial segment — process controls | USD 257 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Westinghouse Process Control Division from CBS completed in fiscal 1999 first quarter (Oct–Dec 1998); purchase price approximately $257 million. Headcount not disclosed; announcement date not stated beyond fiscal quarter. | ||||
| 1999-06-30 | acquisition_addition | completed | United Kingdom | Commercial and Industrial segment — electronics | USD 234 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Payment of $234 million to acquire remaining ownership interest in Astec (BSR) Plc across fiscal 1999 first and second quarters; headcount not disclosed. | ||||
| 1999-06-30 | divestiture_reduction | completed | F.G. Wilson (generators) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Disposition of interest in F.G. Wilson during fiscal 1999 third quarter for $200 million, producing a $52 million pre-tax gain ($23 million after tax); F.G. Wilson had sales above $400 million in fiscal 1998. Headcount not disclosed; company expects up to $115 million of future revenue share through 2002. | ||||||
| 1999-06-30 | acquisition_addition | completed | United States | Commercial and Industrial segment — measurement and control for oil and gas | USD 460 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Daniel Industries, Inc. via cash tender offer of approximately $460 million in fiscal 1999 third quarter; headcount not disclosed. | ||||
| 1999-06-30 | acquisition_addition | completed | Fractional motors — alternator operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of MagneTek's alternator operations completed in fiscal 1999 third quarter; headcount not disclosed. | ||||||
| 1999-06-30 | acquisition_addition | completed | Generator business | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Caterpillar's Kato Engineering generator business completed in fiscal 1999 third quarter; headcount not disclosed. | ||||||
| 1999-06-30 | acquisition_addition | completed | Multiple | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Several smaller acquisitions completed in fiscal 1999 third quarter; combined annual sales of all fiscal 1999 acquisitions total approximately $650 million. Individual and aggregate headcount not disclosed. | ||||||
| 1999-06-30 | restructuring | in_progress | Other operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Rationalization costs for other operations incurred in fiscal 1999 third quarter substantially offset the F.G. Wilson gain; employee counts and charge amounts not quantified. | ||||||
| 1999-03-31 | acquisition_addition | completed | United States | Commercial and Industrial — process business | USD 257 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Westinghouse Process Control Division acquired from CBS for about $257 million in fiscal Q1 1999; no headcount disclosed. | ||||
| 1999-03-31 | acquisition_addition | completed | United Kingdom | Commercial and Industrial — electronics | USD 234 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Remaining ownership interest in Astec (BSR) Plc purchased for $234 million across the first and second quarters of fiscal 1999; no headcount disclosed. | ||||
| 1999-03-31 | divestiture_reduction | announced | 1999-06-30 | F.G. Wilson joint venture interest | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Caterpillar agreed to acquire the F.G. Wilson joint venture interest; announced in fiscal Q2 with completion expected in fiscal Q3 1999; no headcount disclosed. | |||||
| 1999-03-31 | acquisition_addition | announced | Fractional motors — alternator operations | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | MagneTek alternator operations acquisition completed during fiscal Q3 1999 (after quarter end); no headcount or purchase price disclosed. | ||||||
| 1999-03-31 | acquisition_addition | announced | United States | Process business — measurement and control products for oil and gas | USD 460 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to acquire Daniel Industries, Inc. via cash tender offer of about $460 million, signed after quarter end and subject to regulatory conditions; no headcount disclosed. | ||||
| 1998-12-31 | acquisition_addition | completed | Process controls (power generation, water and wastewater treatment) | USD 257 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed acquisition of the Westinghouse Process Control Division from CBS Corporation during the first quarter of fiscal 1999 for approximately $257 million; no employee count disclosed. | |||||
| 1998-12-31 | acquisition_addition | completed | USD 202 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Paid $202 million during the first quarter of fiscal 1999 to raise ownership of Astec (BSR) Plc to 96 percent, with the remaining interest acquired subsequently; no employee count disclosed. | ||||||
| 1998-12-31 | divestiture_reduction | announced | F.G. Wilson (Engineering) Ltd. joint venture interest | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced in the second quarter of fiscal 1999 (after the quarter ended December 31, 1998) that Caterpillar agreed to acquire the Company's joint venture interest in F.G. Wilson; no employee count disclosed. | ||||||
| 1998-12-31 | acquisition_addition | announced | Generator operations | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreements in principle to acquire two generator operations entered into during the second quarter of fiscal 1999; no employee counts or terms disclosed. | ||||||
| 1998-09-30 | acquisition_addition | completed | 1997-10-01 | 1998-09-30 | United States | Commercial and Industrial | USD 160 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Computational Systems Inc. acquired for approximately $160M, primarily in common stock; supplier of condition monitoring and diagnostic products. Headcount not disclosed. | ||
| 1998-09-30 | acquisition_addition | completed | 1997-10-01 | 1998-09-30 | United Kingdom / International | Commercial and Industrial | USD 325 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Astec (BSR) Plc purchased Advanced Power Systems business from Northern Telecom for approximately $325M; manufactures power conversion products for telecommunications. Headcount not disclosed. | ||
| 1998-09-30 | acquisition_addition | completed | 1997-10-01 | 1998-09-30 | Italy / Europe | Appliance and Construction-Related | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plaset SpA (appliance drain pumps) purchased and majority interest acquired in Hiross (precision environmental control). Headcount not disclosed. | |||
| 1997-12-31 | acquisition_addition | completed | United States | Commercial and Industrial segment — condition monitoring and diagnostic products and services | USD 160 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price approximately $160 million, primarily in common stock; headcount added not disclosed. Exact transaction date stated only as December 1997. | ||||
| 1997-09-30 | acquisition_addition | completed | 1996-10-01 | 1997-03-31 | United Kingdom | Commercial and Industrial — Electronics | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Majority interest in Astec (BSR) Plc acquired via additional share purchases during Q2 FY1997; results consolidated thereafter. Headcount not disclosed; Astec annual sales approximately $600 million in calendar 1996. | |||
| 1997-09-30 | acquisition_addition | completed | 1997-07-01 | 1997-09-30 | United States | Appliance and Construction-Related — Storage products | USD 275 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | InterMetro Industries purchased for approximately $275 million in Q4 FY1997. Headcount not disclosed; InterMetro and Clairson combined annual sales exceed $300 million. | ||
| 1997-09-30 | acquisition_addition | completed | 1997-07-01 | 1997-09-30 | United States | Appliance and Construction-Related — Storage products | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Clairson International Corporation acquired in Q4 FY1997; Emerson previously held a controlling interest through Vermont American Corporation. Headcount not disclosed. | |||
| 1997-09-30 | acquisition_addition | completed | 1997-09-30 | 1997-09-30 | United States | Commercial and Industrial — Electrical systems and components testing | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | 35,952 shares of common stock issued for all stock of an electrical systems and components testing company on 1997-09-30. Headcount not disclosed. | |||
| 1997-09-30 | other | completed | 1997-07-01 | 1997-09-30 | United States | Commercial and Industrial — Appleton Electric operations | USD 80 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q4 FY1997 joint venture with General Signal combining Emerson's Appleton Electric operations and General Signal's Electrical Group; Emerson holds a controlling interest. Pretax gain of approximately $80 million, substantially offset by relocation costs, asset impairments and litigation. Headcount not disclosed. | ||
| 1997-03-31 | acquisition_addition | in_progress | Electronics | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Filer began consolidating Astec (BSR) Plc results in Q2 fiscal 1997; no headcount impact disclosed. | ||||||
| 1996-09-30 | acquisition_addition | completed | United States | Appliance and Construction-Related Components (tools) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Emerson began consolidating the Vermont American Corporation joint venture with Robert Bosch GmbH in the second quarter of fiscal 1996 after acquiring control; headcount added not disclosed. Emerson guaranteed V.A. indebtedness of approximately $340 million. | |||||
| 1996-09-30 | acquisition_addition | completed | United States | Commercial and Industrial Components and Systems | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fiscal 1996 purchases of Kop-Flex, Inc. (flexible couplings), Dieterich Standard (flow measurement sensors) and several smaller businesses; cash paid for all 1996 acquisitions was $299.8 million. Headcount added not disclosed. | |||||
| 1996-09-30 | divestiture_reduction | completed | United States | Tools (S-B Power Tool joint venture) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth quarter of fiscal 1996: Emerson received $200 million for its fifty-percent interest in the S-B Power Tool Company joint venture, producing a $78 million pretax gain substantially offset by divestiture costs, write-off of discontinued product line assets and relocation of several production facilities. Headcount removed not disclosed. | |||||
| 1996-03-31 | acquisition_addition | completed | United States | Tools (Vermont American Corporation) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Emerson began consolidating its Robert Bosch GmbH joint venture in Q2 FY1996 under an agreement giving Emerson control; no employee count disclosed. Emerson guarantees the subsidiary's debt, with partial indemnification from Robert Bosch. | |||||
| 1995-09-30 | acquisition_addition | completed | United Kingdom | Commercial and Industrial — industrial motors and drives | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of F.G. Wilson (Engineering) Ltd., a U.K. diesel generator set manufacturer, for approximately $274 million, completed in the first quarter of fiscal 1995; no headcount added disclosed. Exact transaction date not stated. | |||||
| 1995-09-30 | acquisition_addition | completed | United Kingdom | Commercial and Industrial — industrial motors and drives | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the remaining shares of Control Techniques, plc, a U.K. variable speed drives manufacturer, for approximately $227 million, completed in the second quarter of fiscal 1995; no headcount added disclosed. F.G. Wilson and Control Techniques had combined 1994 sales of about $425 million. | |||||
| 1995-09-30 | divestiture_reduction | announced | 1996-12 | United States | Appliance and Construction-Related — tools (S-B Power Tool Company joint venture) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement for Robert Bosch GmbH to acquire Emerson's 50% interest in the S-B Power Tool Company joint venture, subject to regulatory approvals, expected in late calendar 1996; a gain was expected on completion. No headcount impact disclosed; exact announcement date not stated. | ||||
| 1995-09-30 | restructuring | completed | Europe | Process control and heating, ventilating and air conditioning businesses | USD 50 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Non-recurring items in 1994 included $50 million pretax impact of severance and related costs arising from relocation of several operations or workforce reductions, primarily in European process control and HVAC businesses. No specific headcount disclosed. | ||||
| 1995-09-30 | restructuring | completed | 1995-01-01 | 1995-12-31 | Europe | Process control and heating, ventilating and air conditioning businesses | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance and related costs arising from relocation of several operations or workforce reductions. Specific headcount not disclosed. | |||
| 1995-09-30 | acquisition_addition | completed | 1995-01-01 | 1995-06-30 | United Kingdom | Industrial motors and drives | USD 501 (millions) | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of F.G. Wilson (approx $274 million) and Control Techniques (approx $227 million). Headcount not disclosed. |