Emerson (EMR)

Company ID: 187 | CIK: 0000032604
10-Q view:
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Segments are charted by their disclosed metrics (revenue, segment profit, etc.). Each line is a single segment. Reconciliation/corporate items are excluded. Major customers are shown as a percentage of revenue. Operational KPIs are grouped by metric concept; sub-metrics appear as separate lines.

Geographic Segments

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Business Unit / Product Segments

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Major Customers (% of Revenue)

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Operational KPIs

Order backlog (backlog)

Major project bookings (bookings)

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Stockholders (customers)

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Employee Inclusion Index Score (engagement)

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Average employees (headcount)

Inventories (inventory_units)

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Order Backlog (order_book)

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Project wins (orders_received)

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Acquisition contribution to sales growth (other)

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Acquisitions completed (other)

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Average shares used in EPS (other)

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Backlog conversion (other)

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Backlog conversion timing (other)

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Capital expenditures (other)

Cash and equivalents (other)

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Cash dividends per share (other)

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Cash flow from operating activities (other)

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Cash provided by operating activities (other)

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Collateral posted (other)

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Commodity hedge contracts (other)

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Commodity hedge notional (other)

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Commodity hedge volume (other)

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Commodity hedges outstanding (other)

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Commodity volume hedged (other)

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Common Stock Outstanding (other)

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Common shares outstanding (other)

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Copeland Scroll sales (other)

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Cost of sales percent of net sales (other)

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Cost of sales ratio (other)

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Credit facility amount (other)

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Current ratio (other)

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Debt to capital ratio (other)

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Debt-to-capital ratio (other)

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Diluted EPS excluding goodwill amortization (other)

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Dividends paid (other)

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Dividends per share (other)

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Earnings per share guidance (other)

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Effective tax rate (other)

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Engineering and development expense (other)

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Equity earnings from joint ventures (other)

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Facilities closed (other)

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Facilities exited (other)

Fiscal 2006 EPS guidance (other)

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Fiscal 2006 capital expenditure guidance (other)

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Fiscal 2006 sales guidance (other)

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Foreign currency hedge notional (other)

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Foreign currency translation impact on sales (other)

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Free cash flow (other)

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Free cash flow from continuing operations (other)

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Goodwill (other)

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Inclusion Index Score (other)

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Inclusion index score (other)

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Interest coverage ratio (other)

International sales (other)

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International sales share (other)

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Inventories (other)

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Joint venture sales (other)

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Legacy product purchases (other)

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Lines of credit (other)

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Lost or restricted workday case rate (other)

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Market value of stock held by nonaffiliates (other)

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Net debt to net capital (other)

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Net property, plant and equipment (other)

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Net sales change (other)

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New product sales (other)

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New product sales percent of sales (other)

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Number of Reportable Segments (other)

Operating cash flow (other)

Operating cash flow from continuing operations (other)

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Operating cash flow guidance (other)

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Operating lease liabilities (other)

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Operating lease right-of-use assets (other)

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Operating working capital (other)

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Other intangible assets (other)

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Pension funded status (other)

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Pension funded status surplus (other)

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Pension plan assets fair value (other)

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Pension plan contributions (other)

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Pension plan funded status (other)

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Pension plan funded status gap (other)

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Pension plan underfunding (other)

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PlantWeb project wins (other)

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Positions eliminated (other)

Property, plant and equipment, net (other)

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R&D Costs (other)

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R&D and engineering spend (other)

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R&D and engineering spending (other)

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R&D spending as percent of sales (other)

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Ratio of earnings to fixed charges (other)

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Rationalization expense (other)

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Rationalization expense guidance (other)

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Rationalization liability (other)

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Rationalization liability balance (other)

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Remaining buyback authorization (other)

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Remaining repurchase authorization (other)

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Remaining share repurchase authorization (other)

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Repurchase authorization remaining (other)

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Research and Development (other)

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Research and Development Costs (other)

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Research and development (other)

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Research and development costs (other)

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Research and development expense (other)

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Restructuring workforce reductions (other)

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Return on average stockholders' equity (other)

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SG&A percent of net sales (other)

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SG&A percent of sales (other)

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SG&A ratio (other)

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Sales growth (other)

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Segment underlying sales growth (other)

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Share repurchase authorization remaining (other)

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Shares available for repurchase (other)

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Shares outstanding (other)

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Shares remaining authorized for repurchase (other)

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Shares remaining to be repurchased (other)

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Shares remaining under buyback authorization (other)

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Stockholders of record (other)

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Total assets (other)

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Total debt (other)

Total debt to total capital (other)

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Total debt-to-total capital (other)

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Treasury shares (other)

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U.S. export sales (other)

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U.S. exports (other)

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Underlying price growth (other)

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Underlying sales growth (other)

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Underlying sales growth drivers (other)

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Underlying volume growth (other)

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Weighted average basic shares (other)

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Weighted-average remaining lease term (other)

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Women in leadership (other)

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Women in workforce (other)

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Workforce reductions (other)

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Working capital (other)

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Year 2000 critical systems remediation (other)

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Year 2000 readiness (other)

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Year 2000 remediation completion (other)

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Manufacturing locations (properties)

Revenue, Remaining Performance Obligation, Amount (rpo)

Lost or Restricted Workday Case Rate (safety_incidents)

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Common stock outstanding (shares)

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Common stock outstanding (shares_outstanding)

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Total Recordable Injury Rate (trir)

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Human capital disclosures. Workforce totals and demographics are point-in-time. Flow metrics use the year-to-date period for 10-Q and full year for 10-K. Workforce actions (RIFs, restructurings, acquisition-related changes) are listed in the table at the bottom.

Workforce Totals

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Demographics

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Workforce Breakdowns

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HCM Metrics — Point-in-Time

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HCM Metrics — Flow (Annual / YTD)

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Workforce Actions

Period EndTypeStatusAffected% WorkforceAnnouncedExpected CompletionGeographySegment / FunctionChargeSourceNote
2026-06-30restructuringin_progress2026-09-30Multiple segments including Corporate; expense allocated across Software & Systems, Intelligent Devices, Safety & Productivity and CorporateUSD 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.
2026-06-30restructuringin_progressGlobalAll SegmentsUSD 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.
2026-06-30restructuringin_progressUSD 87,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOperating Segments [Member] / Software And Systems [Member] / Control Systems And Software [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOperating Segments [Member] / Software And Systems [Member] / Test And Measurement [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressSoftware And Systems [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Sensors [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressIntelligent Devices [Member]USD 57,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressSafety And Productivity [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressEmployee Severance [Member]USD 123,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-06-30restructuringin_progressOther Restructuring [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progress2026-09-30Control Systems & SoftwareUSD 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.
2026-03-31restructuringin_progress2026-09-30Test & MeasurementUSD 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.
2026-03-31restructuringin_progress2026-09-30SensorsUSD 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.
2026-03-31restructuringin_progress2026-09-30Final ControlUSD 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.
2026-03-31restructuringin_progress2026-09-30Safety & ProductivityUSD 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.
2026-03-31restructuringin_progress2026-09-30CorporateUSD 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.
2026-03-31restructuringin_progressGlobalAll SegmentsUSD 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.
2026-03-31restructuringin_progressUSD 45,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOperating Segments [Member] / Software And Systems [Member] / Control Systems And Software [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOperating Segments [Member] / Software And Systems [Member] / Test And Measurement [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressSoftware And Systems [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Sensors [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressIntelligent Devices [Member]USD 33,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressSafety And Productivity [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressEmployee Severance [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2026-03-31restructuringin_progressOther Restructuring [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressGlobalVarious segmentsUSD 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.
2025-12-31restructuringin_progressUSD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressOperating Segments [Member] / Software And Systems [Member] / Control Systems And Software [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressOperating Segments [Member] / Software And Systems [Member] / Test And Measurement [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressSoftware And Systems [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Sensors [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressIntelligent Devices [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressSafety And Productivity [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressEmployee Severance [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-12-31restructuringin_progressOther Restructuring [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-09-30restructuringin_progress2,100WorldwideAll segments and CorporateUSD 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.
2025-09-30acquisition_additioncompleted2025-03-122025-03-12GlobalControl 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
2025-09-30restructuringcompleted2,250GlobalMultiple segmentsUSD 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.
2025-09-30acquisition_additioncompleted2023-10-11GlobalTest & Measurementbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquisition of National Instruments Corporation completed October 11, 2023. Headcount not explicitly disclosed.
2025-09-30divestiture_reductioncompleted2023-03-31RussiaMultipleUSD 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.
2025-09-30restructuringcompleted2,1002024-10-012025-09-30GlobalVariousUSD 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.
2025-09-30acquisition_additioncompleted2025-03-122025-03-12GlobalControl Systems & Softwarebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Emerson completed purchase of remaining outstanding shares of AspenTech. Headcount added not explicitly disclosed.
2025-09-30restructuringcompleted2,1002024-10-012025-09-30WorldwideVariousUSD 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.
2025-09-30acquisition_additioncompleted2025-03-122025-03-12GlobalControl Systems & Softwarebusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Completed purchase of remaining outstanding shares of AspenTech. Headcount added not explicitly disclosed.
2025-09-30restructuringin_progress2,100USD 136,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressIntelligent Devices [Member]USD 55,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test & Measurement [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressSoftware and Control [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 41,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / AspenTech [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / National Instruments [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressEmployee Severance [Member]USD 120,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-09-30restructuringin_progressOther Restructuring [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2025-06-30restructuringin_progressConsolidated; charges reported across Intelligent Devices segments, Software and Control segments, and CorporateUSD 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).
2025-06-30restructuringin_progressGlobalCorporateUSD 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.
2025-06-30restructuringin_progressGlobalCorporateUSD 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.
2025-06-30restructuringin_progressGlobalVarious SegmentsUSD 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.
2025-06-30restructuringin_progressGlobalVarious SegmentsUSD 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.
2025-06-30restructuringin_progressUSD 37,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test and Measurement [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressSoftware and Control [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / National Instruments [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / AspenTech [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressEmployee Severance [Member]USD 58,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-06-30restructuringin_progressOther Restructuring [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressGlobalMultiple segments including Final Control, Measurement & Analytical, Discrete Automation, Intelligent Devices, Control Systems & Software, Test & Measurement, and CorporateUSD 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.
2025-03-31acquisition_additioncompleted2025-03-122025-03-12GlobalControl Systems & Softwarebusiness_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.
2025-03-31restructuringin_progressGlobalCorporate and various segmentsUSD 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.
2025-03-31acquisition_additioncompleted2025-03-122025-03-12GlobalControl Systems & Softwarebusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed purchase of remaining AspenTech shares. Headcount not disclosed.
2025-03-31restructuringin_progressUSD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test and Measurement [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressSoftware and Control [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / AspenTech [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressEmployee Severance [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressOther Restructuring [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2025-03-31restructuringin_progressAspenTech [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progress2025-09-30Company-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.
2024-12-31acquisition_additionannounced2025-01-272025-06-30AspenTech (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.
2024-12-31otherannounced2024-11-05Safety & Productivityother
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.
2024-12-31restructuringin_progressGlobalCorporate and Business SegmentsUSD 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.
2024-12-31acquisition_additioncompleted2024-11-152024-11-15GlobalSoftware 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.
2024-12-31restructuringin_progressUSD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressIntelligent Devices [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test and Measurement [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / AspenTech [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressSoftware and Control [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressEmployee Severance [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-12-31restructuringin_progressOther Restructuring [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-09-30restructuringin_progress2,250WorldwideMultiple segments and CorporateUSD 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.
2024-09-30acquisition_additioncompleted2023-04-122023-10-11GlobalTest & 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.
2024-09-30divestiture_reductioncompletedNot disclosedFinal ControlUSD 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.
2024-09-30divestiture_reductionannounced2024-11-05GlobalSafety & Productivitysubsequent_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.
2024-09-30restructuringcompleted2,250GlobalVariousUSD 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.
2024-09-30restructuringin_progress2,250USD 228,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 35,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressIntelligent Devices [Member]USD 80,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test & Measurement [Member]USD 78,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / AspenTech [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressSoftware and Control [Member]USD 97,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 51,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member] / National Instruments [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressEmployee Severance [Member]USD 191,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-09-30restructuringin_progressOther Restructuring [Member]USD 37,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2024-06-30restructuringin_progressGlobalMultiple segments and CorporateUSD 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.
2024-06-30acquisition_additioncompleted2023-10-112023-10-11GlobalTest & 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.
2024-06-30divestiture_reductionannounced2024-06-062024-08-31GlobalCopeland (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.
2024-06-30restructuringin_progressGlobalCorporateUSD 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.
2024-06-30restructuringin_progressGlobalTest & MeasurementUSD 24 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Test & Measurement segment in Q3 2024.
2024-06-30restructuringin_progressGlobalIntelligent DevicesUSD 25 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Intelligent Devices segment in Q3 2024.
2024-06-30restructuringin_progressGlobalDiscrete AutomationUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Discrete Automation segment in Q3 2024.
2024-06-30restructuringin_progressGlobalFinal ControlUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Final Control segment in Q3 2024.
2024-06-30restructuringin_progressGlobalMeasurement & AnalyticalUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Measurement & Analytical segment in Q3 2024.
2024-06-30restructuringin_progressGlobalControl Systems & SoftwareUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Control Systems & Software segment in Q3 2024.
2024-06-30restructuringin_progressGlobalSafety & ProductivityUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Safety & Productivity segment in Q3 2024.
2024-06-30restructuringin_progressUSD 57,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test and Measurement [Member]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / AspenTech [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressSoftware and Control [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressSegment Reporting, Reconciling Item, Corporate Nonsegment [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressEmployee Severance [Member]USD 142,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressOther Restructuring [Member]USD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-06-30restructuringin_progressNational Instruments [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progress2024-09-30Multiple 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.
2024-03-31divestiture_reductioncompletedFinal ControlUSD 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.
2024-03-31restructuringin_progressCorporateUSD 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.
2024-03-31restructuringin_progressTest & MeasurementUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring expense for Test & Measurement segment.
2024-03-31restructuringin_progressIntelligent DevicesUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring expense for Intelligent Devices segment.
2024-03-31restructuringin_progressDiscrete AutomationUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring expense for Discrete Automation segment.
2024-03-31restructuringin_progressControl Systems & SoftwareUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring expense for Control Systems & Software segment.
2024-03-31restructuringin_progressMeasurement & AnalyticalUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring expense for Measurement & Analytical segment.
2024-03-31restructuringin_progressSafety & ProductivityUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring expense for Safety & Productivity segment.
2024-03-31restructuringin_progressFinal ControlUSD -7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q2 2024 restructuring benefit for Final Control segment.
2024-03-31restructuringin_progressUSD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD -7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test and Measurement [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / AspenTech [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressSoftware and Control [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressCorporate, Non-Segment [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressEmployee Severance [Member]USD 95,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressOther Restructuring [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2024-03-31restructuringin_progressNational Instruments [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressEnterprise-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 $1MUSD 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.
2023-12-31acquisition_additioncompleted2023-10-11Software and Control — new Test & Measurement segmentbusiness_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.
2023-12-31restructuringin_progressGlobalCorporateUSD 26 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Corporate restructuring comprised entirely of integration-related stock compensation expense attributable to NI.
2023-12-31restructuringin_progressGlobalTest & MeasurementUSD 40 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs associated with the National Instruments acquisition.
2023-12-31restructuringin_progressGlobalIntelligent DevicesUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Intelligent Devices segment.
2023-12-31restructuringin_progressGlobalDiscrete AutomationUSD 10 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Discrete Automation segment.
2023-12-31restructuringin_progressGlobalFinal ControlUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Final Control segment.
2023-12-31restructuringin_progressGlobalMeasurement & AnalyticalUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Measurement & Analytical segment.
2023-12-31restructuringin_progressGlobalControl Systems & SoftwareUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs for Control Systems & Software segment.
2023-12-31restructuringin_progressUSD 83,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressIntelligent Devices [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Test and Measurement [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOperating Segments [Member] / Software and Control [Member] / AspenTech [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressSoftware and Control [Member]USD 41,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressCorporate, Non-Segment [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressEmployee Severance [Member]USD 79,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressOther Restructuring [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-12-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-09-30restructuringin_progress700WorldwideMultiple 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.
2023-09-30divestiture_reductioncompleted2022-10-31United StatesInSinkErator (food waste disposers) — discontinued operationsdiscontinued_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.
2023-09-30divestiture_reductioncompleted2023-03-31RussiaMetran manufacturing subsidiaryUSD 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.
2023-09-30divestiture_reductioncompleted2023-05-31United StatesClimate Technologies (Copeland) — discontinued operationsdiscontinued_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.
2023-09-30acquisition_additioncompletedNot disclosedMeasurement & 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.
2023-09-30acquisition_additioncompleted2023-04-122023-10-11United StatesNational 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.
2023-09-30restructuringcompleted7002023-01-012023-09-30WorldwideVariousUSD 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.
2023-09-30divestiture_reductioncompleted2023-05-312023-05-31GlobalClimate Technologiesdiscontinued_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.
2023-09-30divestiture_reductioncompleted2022-10-312022-10-31GlobalInSinkEratordiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Divestiture of InSinkErator completed Oct 31, 2022. Employee count not explicitly disclosed.
2023-09-30reduction_in_forcecompleted2023-03-312023-03-31RussiaMetranUSD 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.
2023-09-30restructuringcompleted7002023-01-012023-09-30WorldwideVariousUSD 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.
2023-09-30acquisition_additioncompleted2023-10-112023-10-11GlobalSoftware and Controlsubsequent_events
f5-10k / Qwen3.6-27B-Q8_0
Acquisition of National Instruments Corporation completed October 11, 2023. Headcount not disclosed.
2023-09-30restructuringin_progress700USD 72,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Measurement and Analytical [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Final Control [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Discrete Automation [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOperating Segments [Member] / Intelligent Devices [Member] / Safety and Productivity [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressIntelligent Devices [Member]USD 48,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / AspenTech [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOperating Segments [Member] / Software and Control [Member] / Control Systems and Software [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressSoftware and Control [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressCorporate, Non-Segment [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressEmployee Severance [Member]USD 42,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressOther Restructuring [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-09-30restructuringin_progressCost of Sales And Selling and General Administrative Expenses [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2023-06-30divestiture_reductioncompleted2023-05-312023-05-31GlobalClimate Technologies (Copeland)other
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Sale of majority stake in Climate Technologies to Blackstone; no headcount disclosed.
2023-06-30divestiture_reductioncompleted2022-10-312022-10-31United StatesInSinkEratorother
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Divestiture of InSinkErator to Whirlpool; no headcount disclosed.
2023-06-30divestiture_reductioncompleted2023-03-312023-03-31RussiaMetranUSD 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.
2023-06-30restructuringin_progress2023-09-30GlobalMultiple segmentsUSD 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.
2023-06-30acquisition_additionannounced2023-04-122023-12-31United StatesNational Instrumentsother
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.
2023-06-30restructuringin_progressGlobalVarious segmentsUSD 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.
2023-06-30divestiture_reductioncompleted2023-05-31GlobalClimate Technologiesdiscontinued_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.
2023-06-30divestiture_reductioncompleted2022-10-31GlobalInSinkEratordiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Divestiture of InSinkErator completed Oct 31, 2022. Headcount removed not explicitly quantified.
2023-06-30divestiture_reductioncompleted2023-03-31RussiaMetranUSD 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.
2023-06-30restructuringin_progressUSD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressMeasurement & Analytical [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressFinal Control [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressDiscrete Automation [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressSafety & Productivity [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressIntelligent Devices [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressAspenTech [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressControl Systems & Software [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressSoftware and Control [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressEmployee Severance [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressOther Restructuring [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-06-30restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progress2023-09-30GlobalMultiple segments and CorporateUSD 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.
2023-03-31divestiture_reductioncompleted2023-03-31RussiaMetran (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.
2023-03-31divestiture_reductionannounced2022-10-312023-06-30GlobalClimate Technologiesother
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.
2023-03-31acquisition_additionannounced2023-04-122024-03-31United StatesNational Instruments Corporationsubsequent_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.
2023-03-31restructuringin_progressGlobalVarious 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.
2023-03-31restructuringin_progressGlobalVarious segmentsUSD 29 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2023 restructuring expense of $29M. Employee count not disclosed.
2023-03-31divestiture_reductioncompleted2022-10-312022-10-31GlobalInSinkEratordiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Divestiture of InSinkErator business completed Oct 31, 2022. Headcount removed not disclosed.
2023-03-31divestiture_reductioncompleted2023-03-312023-03-31RussiaMetranUSD 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.
2023-03-31acquisition_additioncompleted2022-05-162022-05-16GlobalAspenTechbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Heritage AspenTech completed May 16, 2022. Headcount added not disclosed.
2023-03-31restructuringin_progressUSD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressMeasurement & Analytical [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressFinal Control [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressDiscrete Automation [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressSafety & Productivity [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressIntelligent Devices [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressAspenTech [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressControl Systems & Software [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressSoftware and Control [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressCorporate Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressEmployee Severance [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressOther Restructuring [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2023-03-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressGlobalMultiple segments and CorporateUSD 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.
2022-12-31divestiture_reductioncompleted2022-10-312022-10-31United StatesInSinkErator (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.
2022-12-31divestiture_reductionannounced2022-10-312023-06-30GlobalClimate 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.
2022-12-31divestiture_reductionin_progress2022-05-04RussiaMetran (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.
2022-12-31acquisition_additioncompleted2022-05-162022-05-16GlobalAspenTech (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.
2022-12-31restructuringin_progressGlobalCorporate and otherUSD 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.
2022-12-31divestiture_reductioncompleted2022-10-312022-10-31GlobalDiscontinued 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.
2022-12-31divestiture_reductioncompleted2022-05-312022-05-31GlobalDiscontinued 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.
2022-12-31otherin_progress2022-09-27RussiaCorporate and otherUSD 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.
2022-12-31restructuringin_progressUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressFinal Control [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressMeasurement & Analytical [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressDiscrete Automation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressSafety & Productivity [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressIntelligent Devices [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressControl Systems & Software [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressAspenTech [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressSoftware and Control [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressCorporate Segment [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressEmployee Severance [Member]USD -2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressOther Restructuring [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-12-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-09-30restructuringcompleted2,2002022-09-30WorldwideAll segmentsUSD 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.
2022-09-30divestiture_reductioncompleted2022-05-042022-09-27RussiaAutomation 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.
2022-09-30divestiture_reductioncompleted2022-05-31United StatesClimate 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.
2022-09-30acquisition_additioncompleted2022-05-16WorldwideAspenTech segmentbusiness_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.
2022-09-30divestiture_reductioncompleted2022-08-012022-10-31WorldwideTools & 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.
2022-09-30divestiture_reductionannounced2022-10-312023-06-30WorldwideClimate Technologiessubsequent_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.
2022-09-30restructuringcompleted2,2002022-01-012022-09-30WorldwideVariousUSD 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.
2022-09-30plant_closurecompleted2022-05-042022-09-27RussiaAutomation SolutionsUSD 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.
2022-09-30restructuringcompleted3,600WorldwideUSD 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.
2022-09-30restructuringcompleted2,2002022-10-012022-09-30WorldwideVariousUSD 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.
2022-09-30divestiture_reductioncompleted2022-05-312022-05-31GlobalClimate Technologiesbusiness_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.
2022-09-30divestiture_reductioncompleted2022-10-312022-10-31GlobalTools & Home Productsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Divestiture of InSinkErator business completed on October 31, 2022. Employee count not disclosed.
2022-09-30divestiture_reductioncompleted2022-09-272022-09-27RussiaAutomation SolutionsUSD 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.
2022-09-30acquisition_additioncompleted2022-05-162022-05-16GlobalAspenTechbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Combination with Heritage AspenTech to create New AspenTech. Employee count not disclosed.
2022-09-30acquisition_additioncompleted2022-01-012022-09-30GlobalAutomation Solutions and AspenTechUSD 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.
2022-09-30restructuringin_progress2,200USD 86,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressAutomation Solutions [Member]USD 52,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressAspenTech [Member]USD 0 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressClimate Technologies [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressTools & Home Products [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressEmployee Severance [Member]USD 46,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressOther Restructuring [Member]USD 40,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-09-30restructuringin_progressCost of Sales And Selling and General Administrative Expenses [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2022-06-30restructuringin_progress1,4002022-09-30Multiple 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.
2022-06-30divestiture_reductionin_progress2022-05-04RussiaAutomation 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.
2022-06-30acquisition_additioncompleted2022-05-162022-05-16AspenTech segmentbusiness_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.
2022-06-30divestiture_reductioncompleted2022-05-312022-05-31Climate 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.
2022-06-30divestiture_reductionannounced2022-08-08Tools & 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.
2022-06-30restructuringin_progress1,400GlobalVariousUSD 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.
2022-06-30acquisition_additioncompleted2022-05-162022-05-16GlobalAspenTechbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Completed acquisition of AspenTech on May 16, 2022. Headcount added not explicitly disclosed.
2022-06-30divestiture_reductioncompleted2022-05-312022-05-31GlobalClimate Technologiesbusiness_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.
2022-06-30othercompleted2022-05-04RussiaAutomation SolutionsUSD 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.
2022-06-30restructuringin_progress1,400USD 31,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressAutomation Solutions [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressAspenTech [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressTools & Home Products [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressCorporate Segment [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressEmployee Severance [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressOther Restructuring [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-06-30restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progress200USD 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.
2022-03-31divestiture_reductionannounced2022-05-04RussiaAutomation Solutionssubsequent_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.
2022-03-31divestiture_reductionannounced2022-03-03Climate Technologiesother
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.
2022-03-31restructuringin_progress200GlobalCorporateUSD 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.
2022-03-31otherannounced2022-05-04RussiaAutomation Solutionssubsequent_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.
2022-03-31restructuringin_progress200USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressAutomation Solutions [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressTools & Home Products [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressCorporate Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressEmployee Severance [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressOther Restructuring [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2022-03-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progress150USD 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.
2021-12-31acquisition_additionannounced2021-10-112022-06-30Industrial 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.
2021-12-31restructuringin_progress1502021-10-01GlobalCorporate and all segmentsUSD 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.
2021-12-31restructuringin_progress150USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressAutomation Solutions [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressTools & Home Products [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressEmployee Severance [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressOther Restructuring [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-12-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-09-30restructuringin_progress3,600WorldwideCompany-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.
2021-09-30acquisition_additioncompleted2020-10-01GlobalAutomation Solutionsbusiness_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.
2021-09-30restructuringcompleted3,6002020-10-012021-09-30WorldwideAll segmentsUSD 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.
2021-09-30acquisition_additioncompleted2020-10-012020-10-01GlobalAutomation Solutionsbusiness_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.
2021-09-30restructuringin_progress3,600USD 150,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressAutomation Solutions [Member]USD 123,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressClimate Technologies [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressTools & Home Products [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressEmployee Severance [Member]USD 112,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressOther Restructuring [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-09-30restructuringin_progressCost of Sales And Selling and General Administrative Expenses [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2021-06-30restructuringin_progress1,900GlobalCompany-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.
2021-06-30acquisition_additioncompleted2020-10-01Automation Solutionsbusiness_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.
2021-06-30restructuringin_progress1,900GlobalVariousUSD 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.
2021-06-30restructuringin_progress1,900USD 28,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressAutomation Solutions [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressClimate Technologies [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressTools & Home Products [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressCorporate Segment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressEmployee Severance [Member]USD 87,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressOther Restructuring [Member]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-06-30restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progress1,700GlobalCompany-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.
2021-03-31acquisition_additioncompletedAutomation Solutionsbusiness_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.
2021-03-31restructuringin_progress1,700GlobalAll segmentsUSD 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.
2021-03-31restructuringin_progress1,700USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressAutomation Solutions [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressClimate Technologies [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressTools & Home Products [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressEmployee Severance [Member]USD 71,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressOther Restructuring [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2021-03-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progress800GlobalConsolidated (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.
2020-12-31acquisition_additioncompletedGlobalAutomation Solutionsbusiness_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.
2020-12-31restructuringin_progress800GlobalVariousUSD 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.
2020-12-31restructuringin_progress800USD 66,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressAutomation Solutions [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressTools & Home Products [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressCorporate Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressEmployee Severance [Member]USD 61,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressOther Restructuring [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-12-31restructuringin_progressCost of sales and selling, general, and administrative expenses [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-09-30restructuringin_progress5,400WorldwideCompany-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.
2020-09-30acquisition_additioncompletedTwo businesses in Automation Solutions; one in Climate TechnologiesUSD 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.
2020-09-30acquisition_additioncompleted2020-10-01Automation SolutionsUSD 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.
2020-09-30divestiture_reductioncompletedCommercial & Residential SolutionsMD&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.
2020-09-30restructuringcompleted5,4002020-07-012020-09-30WorldwideAll segmentsUSD 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.
2020-09-30restructuringcompleted5,4002020-07-012020-09-30WorldwideAll segmentsUSD 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.
2020-09-30restructuringin_progress5,400USD 284,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressAutomation Solutions [Member]USD 232,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressClimate Technologies [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressTools & Home Products [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 44,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressEmployee Severance [Member]USD 239,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressOther Restructuring [Member]USD 45,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-09-30restructuringin_progressCost of Sales [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2020-06-30restructuringin_progress3,3002020-09-30GlobalConsolidated (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.
2020-06-30otherin_progress2020-09-30GlobalConsolidatedMD&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.
2020-06-30restructuringin_progress3,3002019-10-012020-09-30GlobalAll SegmentsUSD 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.
2020-06-30restructuringin_progress3,300USD 88,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressAutomation Solutions [Member]USD 76,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressClimate Technologies [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressTools & Home Products [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressCorporate Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressEmployee Severance [Member]USD 184,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressOther Restructuring [Member]USD 32,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-06-30restructuringin_progressCost of Sales [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progress1,8002019-07-01GlobalAutomation Solutions; Climate Technologies; Tools & Home Products; Commercial & Residential Solutions; CorporateUSD 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.
2020-03-31acquisition_additioncompletedAutomation SolutionsUSD 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.
2020-03-31restructuringin_progress1,8002019-10-01GlobalAll segmentsUSD 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.
2020-03-31restructuringin_progressCost of Sales [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progress1,800USD 31,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressAutomation Solutions [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressTools & Home Products [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressEmployee Severance [Member]USD 105,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2020-03-31restructuringin_progressOther Restructuring [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progress1,1002020-09-30Not specifiedConsolidated (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.
2019-12-31restructuringin_progress1,1002019-10-01GlobalAll SegmentsUSD 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.
2019-12-31restructuringin_progress1,100USD 97,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressAutomation Solutions [Member]USD 83,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressClimate Technologies [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressTools & Home Products [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressCorporate Segment [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressEmployee Severance [Member]USD 80,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-12-31restructuringin_progressOther Restructuring [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-09-30restructuringin_progress1,100WorldwideConsolidated (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.
2019-09-30acquisition_additioncompletedWorldwideAutomation SolutionsUSD 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.
2019-09-30restructuringcompleted1,100WorldwideVariousUSD 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.
2019-09-30restructuringcompleted1,100WorldwideUSD 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.
2019-09-30restructuringin_progress1,100USD 95,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressSeries of Individually Immaterial Business Acquisitions [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressAutomation Solutions [Member]USD 65,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressClimate Technologies [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressTools & Home Products [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressEmployee Severance [Member]USD 72,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-09-30restructuringin_progressOther Restructuring [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2019-06-30restructuringin_progressAutomation Solutions; Climate Technologies; Tools & Home Products; CorporateUSD 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.
2019-06-30acquisition_additioncompletedAutomation SolutionsUSD 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.
2019-06-30acquisition_additioncompleted2018-07-172018-07-17Automation Solutions — Industrial SolutionsUSD 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.
2019-06-30acquisition_additioncompleted2018-07-022018-07-02Tools & Home ProductsUSD 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.
2019-06-30restructuringin_progressGlobalAutomation SolutionsUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2019 expense for global cost structure restructuring.
2019-06-30restructuringin_progressGlobalClimate TechnologiesUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2019 expense for global cost structure restructuring.
2019-06-30restructuringin_progressGlobalTools & Home ProductsUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2019 expense for global cost structure restructuring.
2019-06-30restructuringin_progressGlobalCommercial & Residential SolutionsUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Q3 2019 expense for global cost structure restructuring.
2019-06-30acquisition_additioncompletedGlobalAutomation SolutionsUSD 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.
2019-06-30restructuringin_progressUSD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressAutomation Solutions [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressClimate Technologies [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressTools & Home Products [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressCorporate Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressEmployee Severance [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressFixed Assets Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressFacility Closing [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressGlobalAutomation Solutions; Climate Technologies; Tools & Home Products; CorporateUSD 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).
2019-03-31acquisition_additioncompletedAutomation SolutionsUSD 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.
2019-03-31restructuringin_progressGlobalAll SegmentsUSD 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.
2019-03-31restructuringin_progressUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressAutomation Solutions [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressTools & Home Products [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressFixed Assets Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressEmployee Severance [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2019-03-31restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressGlobalAutomation Solutions; Climate Technologies; Tools & Home ProductsUSD 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.
2018-12-31acquisition_additioncompletedNot specifiedAutomation SolutionsUSD 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.
2018-12-31acquisition_additioncompletedNot specifiedAutomation SolutionsUSD 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.
2018-12-31restructuringin_progressGlobalAll SegmentsUSD 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.
2018-12-31restructuringin_progressFixed Assets Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressEmployee Severance [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressAutomation Solutions [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressClimate Technologies [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressTools & Home Products [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-12-31restructuringin_progressUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-09-30restructuringin_progress1,200WorldwideAutomation Solutions; Climate Technologies; Tools & Home Products; CorporateUSD 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.
2018-09-30acquisition_additioncompleted2018-07-17GlobalAutomation Solutions — Industrial SolutionsUSD 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.
2018-09-30acquisition_additioncompleted2018-07-02GlobalTools & Home ProductsUSD 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.
2018-09-30acquisition_additioncompleted2017-12-01GlobalAutomation Solutions — Measurement & Analytical InstrumentationUSD 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.
2018-09-30acquisition_additioncompleted2018-09-30GlobalAutomation Solutions; Climate Technologiesbusiness_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.
2018-09-30divestiture_reductioncompleted2017-10-02United StatesTools & Home Productsbusiness_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.
2018-09-30restructuringcompleted1,200WorldwideVariousUSD 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.
2018-09-30acquisition_additioncompleted2018-07-17GlobalAutomation SolutionsUSD 622 (millions)business_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Acquired Aventics for $622 million. Employee count not explicitly disclosed.
2018-09-30acquisition_additioncompleted2018-07-02GlobalTools & Home ProductsUSD 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.
2018-09-30divestiture_reductioncompleted2017-10-02United StatesTools & Home ProductsUSD 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.
2018-09-30restructuringcompleted1,200WorldwideVariousUSD 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.
2018-09-30restructuringin_progress1,200USD 65,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressCurrent year acquired businesses and Pentair's Valves & Controls [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressTotal acquired businesses [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressContract Termination [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressEmployee Severance [Member]USD 43,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressFacility Closing [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressAutomation Solutions [Member]USD 41,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressClimate Technologies [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-09-30restructuringin_progressTools & Home Products [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2018-06-30restructuringin_progressGlobalAll SegmentsUSD 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.
2018-06-30acquisition_additioncompleted2018-01-10Climate TechnologiesUSD 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.
2018-06-30acquisition_additioncompleted2017-12-01Automation SolutionsUSD 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.
2018-06-30acquisition_additioncompleted2017-04-28Automation SolutionsUSD 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.
2018-06-30divestiture_reductioncompleted2017-10-02Tools & Home ProductsUSD 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.
2018-06-30acquisition_additionannounced2018-07-02Tools & Home ProductsUSD 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.
2018-06-30acquisition_additionannounced2018-07-17Automation SolutionsUSD 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.
2018-06-30restructuringin_progressUSD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressAutomation Solutions [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressClimate Technologies [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressTools & Home Products [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressFixed Assets Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressEmployee Severance [Member]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-06-30restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressGlobalAutomation Solutions; Climate Technologies; CorporateUSD 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.
2018-03-31acquisition_additioncompleted2018-01-10Climate Technologiesbusiness_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.
2018-03-31acquisition_additioncompleted2017-12-01Automation 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.
2018-03-31acquisition_additioncompletedAutomation 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.
2018-03-31divestiture_reductioncompleted2017-10-02Tools & Home Productsother
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.
2018-03-31acquisition_additionannounced2018-04-182018-09-30Tools & Home Productssubsequent_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.
2018-03-31restructuringin_progressGlobalAll SegmentsUSD 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.
2018-03-31acquisition_additioncompleted2018-01-102018-01-10Climate TechnologiesUSD 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.
2018-03-31acquisition_additioncompleted2017-12-012017-12-01Automation SolutionsUSD 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.
2018-03-31acquisition_additioncompleted2017-04-282017-04-28Automation SolutionsUSD 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.
2018-03-31divestiture_reductioncompleted2017-10-022017-10-02Tools & Home ProductsUSD 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.
2018-03-31acquisition_additionannounced2018-04-18Tools & Home ProductsUSD 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.
2018-03-31restructuringin_progressUSD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressAutomation Solutions [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressTools & Home Products [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressCorporate Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressFixed Assets Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressEmployee Severance [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2018-03-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressGlobalAutomation Solutions; Climate Technologies; Tools & Home ProductsUSD 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.
2017-12-31acquisition_additioncompleted2017-12-01Automation Solutions — Measurement & Analytical InstrumentationUSD 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.
2017-12-31divestiture_reductioncompleted2017-10-02Tools & Home Products — residential storage businessbusiness_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.
2017-12-31acquisition_additioncompleted2018-01-10Climate TechnologiesUSD 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.
2017-12-31restructuringin_progressUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Restructuring costs of $15 million reported in Q1 2018. Employee count not disclosed.
2017-12-31acquisition_additioncompleted2017-12-01Automation SolutionsUSD 505 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquisition of Paradigm for $505 million. Headcount not disclosed.
2017-12-31acquisition_additioncompleted2017-04-28Automation SolutionsUSD 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.
2017-12-31divestiture_reductioncompleted2017-10-02Tools & Home ProductsUSD 200 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of residential storage business for $200 million. Headcount not disclosed.
2017-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressEmployee Severance [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressFacility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressAutomation Solutions [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressClimate Technologies [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressTools & Home Products [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-12-31restructuringin_progressUSD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-09-30restructuringin_progress1,200WorldwidePrimarily Automation Solutions; also Climate Technologies, Tools & Home Products and CorporateUSD 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.
2017-09-30acquisition_additioncompleted2016-08-182017-04-28GlobalAutomation Solutionsbusiness_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.
2017-09-30divestiture_reductioncompleted2016-11-30GlobalNetwork 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.
2017-09-30divestiture_reductioncompleted2017-01-31GlobalPower 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.
2017-09-30divestiture_reductioncompleted2017-10-02United StatesTools & Home Products — residential storage solutions businessbusiness_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.
2017-09-30restructuringcompleted1,200WorldwideVariousUSD 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.
2017-09-30acquisition_additioncompleted2017-04-28GlobalAutomation SolutionsUSD 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.
2017-09-30divestiture_reductioncompleted2017-10-02United StatesTools & Home ProductsUSD 200 (millions)discontinued_operations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of residential storage solutions business. Headcount not explicitly disclosed.
2017-09-30restructuringcompleted1,200WorldwideVariousUSD 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.
2017-09-30restructuringin_progress1,200USD 78,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressPentair's Valves & Controls [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressContract Termination [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressEmployee Severance [Member]USD 49,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressFacility Closing [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressAutomation Solutions [Member]USD 63,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressClimate Technologies [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-09-30restructuringin_progressTools & Home Products [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2017-06-30restructuringin_progressGlobalAutomation Solutions; Climate Technologies; Tools & Home Products; CorporateUSD 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.
2017-06-30acquisition_additioncompleted2017-04-28GlobalAutomation Solutions — Valves, Actuators & Regulatorsbusiness_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.
2017-06-30restructuringin_progressGlobalCorporate and Automation SolutionsUSD 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.
2017-06-30acquisition_additioncompleted2017-04-28Automation SolutionsUSD 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.
2017-06-30divestiture_reductioncompleted2017-01-31Industrial AutomationUSD 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.
2017-06-30divestiture_reductioncompleted2016-11-30Network PowerUSD 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.
2017-06-30restructuringin_progressUSD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressAutomation Solutions [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressTools & Home Products [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressCorporate Segment [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressPentair's Valves & Controls [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressFixed Assets Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressEmployee Severance [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-06-30restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressGlobalAutomation Solutions; Climate Technologies; Tools & Home Products; CorporateUSD 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.
2017-03-31divestiture_reductioncompleted2016-11-30GlobalNetwork 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.
2017-03-31divestiture_reductioncompleted2017-01-31GlobalPower 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.
2017-03-31acquisition_additioncompleted2017-04-28GlobalAutomation Solutions — Valves, Actuators & RegulatorsUSD 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.
2017-03-31restructuringin_progress2017-09-30GlobalCorporate and all segmentsUSD 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.
2017-03-31divestiture_reductioncompleted2017-01-31GlobalFormer Industrial Automation segmentdiscontinued_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.
2017-03-31divestiture_reductioncompleted2016-11-30GlobalFormer Network Power segmentdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of network power systems business completed on Nov 30, 2016. Headcount removed not disclosed.
2017-03-31acquisition_additioncompleted2017-04-28GlobalAutomation SolutionsUSD 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.
2017-03-31restructuringin_progressUSD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressAutomation Solutions [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressClimate Technologies [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressTools & Home Products [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressCorporate Segment [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressFixed Assets Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressContract Termination [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressEmployee Severance [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2017-03-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progress2017-09-30GlobalAutomation Solutions; Climate Technologies; Tools & Home ProductsUSD 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.
2016-12-31divestiture_reductioncompleted2016-11-30GlobalNetwork 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.
2016-12-31divestiture_reductioncompleted2017-01-31GlobalPower 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.
2016-12-31restructuringin_progress2017-09-30GlobalAll segmentsUSD 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.
2016-12-31restructuringin_progressAutomation Solutions [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressClimate Technologies [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressClimate Technologies segment plus Tools & Home Products segment [Member] [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressTools & Home Products [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressUSD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressEmployee Severance [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-12-31restructuringin_progressFacility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-09-30restructuringin_progress1,900Worldwide (primarily Europe and North America)Primarily Process Management; also Industrial Automation, Climate Technologies, Commercial & Residential Solutions, CorporateUSD 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.
2016-09-30divestiture_reductionannounced2016-07-292016-12-31GlobalNetwork 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.
2016-09-30divestiture_reductionannounced2016-07-302016-12-31GlobalPower 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.
2016-09-30acquisition_additionannounced2016-08-182016-12-31Global (non-U.S. operations emphasized)Process Management — final control businessUSD 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.
2016-09-30acquisition_additioncompletedNot specifiedFour in Process Management (final control and measurement devices); two in Climate TechnologiesUSD 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.
2016-09-30restructuringcompleted1,9002016-10-012016-09-30WorldwideMultiple 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.
2016-09-30restructuringcompleted1,9002016-10-012016-09-30WorldwideProcess Management, Industrial Automation, Climate Technologies, Commercial & Residential Solutions, CorporateUSD 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.
2016-09-30restructuringin_progress1,900USD 96,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressContract Termination [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressEmployee Severance [Member]USD 66,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressFacility Closing [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressClimate Technologies [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressIndustrial Automation [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-09-30restructuringin_progressProcess Management [Member]USD 74,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2016-06-30restructuringin_progressGlobalAll 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.
2016-06-30divestiture_reductionannounced2016-07-292016-12-31GlobalNetwork Powersubsequent_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.
2016-06-30divestiture_reductionannounced2016-07-302016-12-31GlobalIndustrial 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.
2016-06-30otherin_progressGlobalCorporate (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.
2016-06-30restructuringin_progressGlobalCorporate and various segmentsUSD 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.
2016-06-30restructuringin_progressGlobalCorporate and various segmentsUSD 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.
2016-06-30otherin_progressGlobalNetwork Power and Industrial AutomationUSD 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.
2016-06-30otherin_progressGlobalNetwork Power and Industrial AutomationUSD 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.
2016-06-30restructuringin_progressUSD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressCommercial & Residential Solutions [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressIndustrial Automation [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressNetwork Power [Member]USD -1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressProcess Management [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressCorporate, Non-Segment [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressEmployee Severance [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-06-30restructuringin_progressFacility Closing [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progress2016-09-30GlobalAll 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.
2016-03-31divestiture_reductionin_progress2015-06-01GlobalNetwork 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.
2016-03-31restructuringin_progressGlobalAll segmentsUSD 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.
2016-03-31restructuringin_progressGlobalAll segmentsUSD 28 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
YTD 2016 expense for rationalization of operations.
2016-03-31otherin_progress2015-06-01GlobalNetwork Power; Power Generation; Motors, Drives; Residential StorageUSD 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.
2016-03-31otherin_progress2015-06-01GlobalNetwork Power; Power Generation; Motors, Drives; Residential StorageUSD 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.
2016-03-31restructuringin_progressUSD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressIndustrial Automation [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressNetwork Power [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressProcess Management [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressEmployee Severance [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2016-03-31restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressGlobalAll segmentsUSD 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.
2015-12-31restructuringin_progressGlobalAll SegmentsUSD 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.
2015-12-31otherin_progress2015-06-01GlobalNetwork Power, Power Generation, Motors, Drives, Residential StorageUSD 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.
2015-12-31restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressIndustrial Automation [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressNetwork Power [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressProcess Management [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressUSD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressContract Termination [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressEmployee Severance [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-12-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-09-30restructuringin_progress4,400Europe, Asia and North AmericaPrimarily Process Management and Network PowerUSD 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.
2015-09-30divestiture_reductioncompleted2015-01-31Not disclosedIndustrial Automation — mechanical power transmission solutions businessother
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.
2015-09-30divestiture_reductioncompleted2015-09-30Not disclosedCommercial & Residential Solutions — InterMetro commercial storage businessdiscontinued_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.
2015-09-30acquisition_additioncompleted2015-09-30Not disclosedSeven in Process Management; one in Commercial & Residential Solutionsbusiness_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.
2015-09-30divestiture_reductionannounced2015-062016-12-31GlobalNetwork Power — planned tax-free spinoff; also exploring sale of power generation and motors, drives, and residential storage businessesUSD 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.
2015-09-30restructuringcompleted4,4002015-01-012015-09-30WorldwideProcess Management, Network Power, Industrial Automation, Climate Technologies, Commercial & Residential SolutionsUSD 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.
2015-09-30restructuringcompleted4,4002015-10-012015-09-30GlobalProcess Management, Network Power, Industrial Automation, Climate Technologies, Commercial & Residential SolutionsUSD 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.
2015-09-30restructuringin_progress4,400USD 211,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressCorporate, Non-Segment [Member] / Corporate and Other [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressContract Termination [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressEmployee Severance [Member]USD 174,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressFacility Closing [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressClimate Technologies [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressIndustrial Automation [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressNetwork Power [Member]USD 64,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-09-30restructuringin_progressProcess Management [Member]USD 89,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2015-06-30restructuringin_progress2,300Global — Europe, North America and AsiaAll 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.
2015-06-30divestiture_reductioncompleted2015-01-30Industrial Automation — mechanical power transmission solutions businessother
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.
2015-06-30divestiture_reductionannounced2015-06-302016-09-30Network Powerother
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.
2015-06-30divestiture_reductionannounced2015-06-302016-09-30Industrial 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.
2015-06-30divestiture_reductionannouncedCommercial & Residential Solutions — InterMetro storage businessother
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.
2015-06-30acquisition_additioncompletedProcess Management — final control, measurement devices, and systems and solutions businessesbusiness_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.
2015-06-30restructuringin_progress2,300Europe, North America, AsiaProcess Management, Network PowerUSD 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.
2015-06-30restructuringin_progress2,300USD 36,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressIndustrial Automation [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressNetwork Power [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressProcess Management [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressFixed Assets Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressContract Termination [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressEmployee Severance [Member]USD 72,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-06-30restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressGlobalAll 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.
2015-03-31divestiture_reductioncompleted2015-01-302015-01-30GlobalIndustrial Automation — power transmission solutions businessother
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.
2015-03-31otherannouncedGlobalCommercial & Residential Solutions — InterMetro businessother
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.
2015-03-31restructuringin_progressGlobalAll SegmentsUSD 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.
2015-03-31divestiture_reductioncompleted2015-01-302015-01-30GlobalIndustrial Automationbusiness_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.
2015-03-31restructuringin_progressUSD 44,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressClimate Technologies [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressCommercial & Residential Solutions [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressIndustrial Automation [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressNetwork Power [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressProcess Management [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressFixed Assets Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressContract Termination [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressEmployee Severance [Member]USD 42,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2015-03-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progress2015-09-30GlobalAll segmentsUSD 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.
2014-12-31divestiture_reductioncompleted2015-01-30GlobalIndustrial 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.
2014-12-31acquisition_additioncompleted2014-12-31Not disclosedProcess Management — measurement devices and systems and solutions businessesUSD 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.
2014-12-31restructuringin_progressGlobalCorporate and all segmentsUSD 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.
2014-12-31divestiture_reductioncompleted2015-01-30Industrial Automationsubsequent_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.
2014-12-31restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressIndustrial Automation [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressNetwork Power [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressProcess Management [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressUSD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressEmployee Severance [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-12-31restructuringin_progressFacility Closing [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-09-30restructuringin_progress2,000Primarily Asia and Europe, to a lesser extent North AmericaConcentrated in Process Management, Network Power and Climate TechnologiesUSD 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.
2014-09-30acquisition_additioncompletedProcess Managementbusiness_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.
2014-09-30acquisition_additioncompletedProcess Management and Network Powerbusiness_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.
2014-09-30divestiture_reductioncompleted2013-11-22Network Powerbusiness_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.
2014-09-30divestiture_reductioncompleted2014-09-30Network Powerbusiness_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.
2014-09-30divestiture_reductionannouncedIndustrial Automation — Power Transmission Solutionsbusiness_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.
2014-09-30restructuringcompleted2,000GlobalMultiple segmentsUSD 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.
2014-09-30restructuringcompleted2,000GlobalVariousUSD 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.
2014-09-30restructuringin_progress2,000USD 55,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressFacility Closing [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressContract Termination [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressEmployee Severance [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressProcess Management [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressIndustrial Automation [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressNetwork Power [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-09-30restructuringin_progressClimate Technologies [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2014-06-30restructuringin_progress2014-09-30GlobalAll 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.
2014-06-30acquisition_additioncompletedNot disclosedProcess 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.
2014-06-30acquisition_additioncompletedNot disclosedIndustrial 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.
2014-06-30divestiture_reductioncompleted2013-11-22Not disclosedNetwork 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.
2014-06-30divestiture_reductionannounced2014-04-012014-09-30Not disclosedNetwork Power — Connectivity Solutions businessother
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.
2014-06-30otherannounced2014-04-01Not disclosedIndustrial Automation — Power Transmission Solutions business unitother
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.
2014-06-30restructuringin_progressUSD 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.
2014-06-30acquisition_additioncompletedProcess ManagementUSD 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.
2014-06-30acquisition_additioncompletedIndustrial AutomationUSD 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.
2014-06-30divestiture_reductioncompletedNetwork PowerUSD 98 (millions)business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Agreement to sell Connectivity Solutions business for $98 million. Headcount not disclosed.
2014-06-30restructuringin_progressUSD 45,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressFacility Closing [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressFixed Assets Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressEmployee Severance [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressNetwork Power [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressClimate Technologies [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressCommercial & Residential Solutions [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressProcess Management [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-06-30restructuringin_progressIndustrial Automation [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progress2014-09-30GlobalMultiple segmentsUSD 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.
2014-03-31acquisition_additioncompletedNot disclosedProcess Management — final controlUSD 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.
2014-03-31acquisition_additioncompletedNot disclosedNot disclosedUSD 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.
2014-03-31divestiture_reductioncompleted2013-11-222013-11-22Not disclosedNetwork Power — embedded computing and powerUSD 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.
2014-03-31othercompletedUnited StatesIndustrial Automation — Appleton GroupUSD 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.
2014-03-31restructuringin_progressUSD 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.
2014-03-31acquisition_additioncompletedProcess ManagementUSD 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.
2014-03-31acquisition_additioncompletedIndustrial AutomationUSD 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.
2014-03-31divestiture_reductioncompletedNetwork PowerUSD 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.
2014-03-31restructuringin_progressUSD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressNetwork Power [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressClimate Technologies [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressProcess Management [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressIndustrial Automation [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressEmployee Severance [Member]USD 20,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2014-03-31restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progress2014-09-30GlobalAll segmentsUSD 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.
2013-12-31divestiture_reductioncompleted2013-11-22GlobalNetwork Power — embedded computing and power businessother
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.
2013-12-31acquisition_additioncompleted2013-12-31GlobalProcess Management — final control businessbusiness_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.
2013-12-31acquisition_additioncompleted2013-12-31GlobalUnspecifiedbusiness_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.
2013-12-31acquisition_additioncompleted2014-01-31United StatesIndustrial 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.
2013-12-31restructuringin_progressUSD 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.
2013-12-31acquisition_additioncompleted2013-12-31Process Managementbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired Virgo Valves and Controls, LTD and Enardo LLC. Headcount not disclosed.
2013-12-31acquisition_additioncompleted2013-12-31business_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Acquired two other smaller businesses for approximately $70 million. Headcount not disclosed.
2013-12-31divestiture_reductioncompleted2013-11-22Network Powerbusiness_combinations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Divestiture of 51% controlling interest in embedded computing and power business. Headcount not disclosed.
2013-12-31restructuringin_progressUSD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressNetwork Power [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressProcess Management [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressClimate Technologies [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressIndustrial Automation [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressEmployee Severance [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-09-30restructuringin_progress3,100Europe, North America and Asia (majority of costs)Concentrated in Network Power and Industrial Automation; across multiple operating unitsUSD 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).
2013-09-30divestiture_reductionannounced2013-07-312013-12-31GlobalNetwork Power — embedded computing and power businessbusiness_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.
2013-09-30acquisition_additionannounced2013-10-01Global (oil and gas, chemical, mining and power end markets)Process ManagementUSD 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.
2013-09-30restructuringcompleted3,100GlobalVariousUSD 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.
2013-09-30acquisition_additioncompleted2013-10-01GlobalProcess ManagementUSD 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.
2013-09-30divestiture_reductioncompleted2013-07-31GlobalNetwork PowerUSD 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.
2013-09-30restructuringcompleted3,100GlobalVariousUSD 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.
2013-09-30restructuringin_progress3,100USD 78,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressNetwork Power [Member]USD 25,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressProcess Management [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressClimate Technologies [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressIndustrial Automation [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 23,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressFacility Closing [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressEmployee Severance [Member]USD 45,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-09-30restructuringin_progressContract Termination [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2013-06-30restructuringin_progress2013-09-30GlobalAll segments; severance mainly for Industrial Automation and Network PowerUSD 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.
2013-06-30divestiture_reductionannounced2013-07-31GlobalNetwork Power — embedded computing and power businessUSD 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.
2013-06-30restructuringin_progressGlobalAll SegmentsUSD 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.
2013-06-30divestiture_reductionannounced2013-07-31Network Powersubsequent_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.
2013-06-30restructuringin_progressUSD 65,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressEmployee Severance [Member]USD 38,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressFacility Closing [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressFixed Asset Write Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressCommercial & Residential Solutions [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressProcess Management [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressClimate Technologies [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressNetwork Power [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-06-30restructuringin_progressIndustrial Automation [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progress2013-09-30Process ManagementUSD 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.
2013-03-31restructuringin_progress2013-09-30Asia; North AmericaIndustrial AutomationUSD 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.
2013-03-31restructuringin_progress2013-09-30AsiaNetwork PowerUSD 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.
2013-03-31restructuringin_progress2013-09-30Climate TechnologiesUSD 2 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Six months ended 2013-03-31 rationalization expense; no employee count disclosed.
2013-03-31restructuringin_progress2013-09-30Commercial & Residential SolutionsUSD 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.
2013-03-31restructuringin_progressAsia, North AmericaIndustrial AutomationUSD 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.
2013-03-31restructuringin_progressAsiaNetwork PowerUSD 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.
2013-03-31restructuringin_progressGlobalAll segmentsUSD 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.
2013-03-31restructuringin_progressUSD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressContract Termination [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressFacility Closing [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressEmployee Severance [Member]USD 13,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressProcess Management [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressIndustrial Automation [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressCommercial & Residential Solutions [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2013-03-31restructuringin_progressNetwork Power [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progress2013-09-30Asia; North AmericaIndustrial Automation; Network PowerUSD 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).
2012-12-31restructuringin_progressAsia, North AmericaIndustrial AutomationUSD 7 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and benefits costs associated with forcecount reduction.
2012-12-31restructuringin_progressAsiaNetwork Powerrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and benefits costs associated with forcecount reduction. Specific charge amount not disaggregated from total.
2012-12-31restructuringin_progressGlobalAll segmentsUSD 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.
2012-12-31restructuringin_progressUSD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressCommercial & Residential Solutions [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressProcess Management [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressIndustrial Automation [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressClimate Technologies [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressNetwork Power [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressEmployee Severance [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-12-31restructuringin_progressContract Termination [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-09-30restructuringin_progress2,700Global (severance concentrated in Asia, Europe and North America)All segments; 2012 severance concentrated in Network Power and Industrial AutomationUSD 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.
2012-09-30acquisition_additioncompletedGlobalNetwork Power (Avtron Loadbank), Climate Technologies (marine controls), plus two smaller Process Management and Network Power businessesbusiness_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.
2012-09-30divestiture_reductioncompletedUnited StatesCommercial & 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.
2012-09-30restructuringcompleted2,7002012-09-30GlobalAll SegmentsUSD 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.
2012-09-30acquisition_additioncompleted2012-09-30GlobalNetwork Power, Climate Technologies, Process Managementbusiness_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.
2012-09-30divestiture_reductioncompleted2012-09-30GlobalCommercial & Residential Solutionsbusiness_combinations_footnote
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Company sold Knaack business unit for $114 million. Employee count not disclosed.
2012-09-30restructuringcompletedGlobalVariousUSD 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.
2012-09-30divestiture_reductioncompleted2012-Q4United StatesCommercial & Residential Solutionsdiscontinued_operations_footnote
f5-10k / Qwen3.6-27B-Q8_0
Sale of Knaack business unit. Employee count not disclosed.
2012-09-30restructuringin_progress2,700USD 119,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressNetwork Power [Member]USD 53,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressProcess Management [Member]USD 19,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressCommercial & Residential Solutions [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressClimate Technologies [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressIndustrial Automation [Member]USD 27,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressContract Termination [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressStart Up And Moving Costs [Member]USD 30,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressFixed Asset Write Downs [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressEmployee Severance [Member]USD 58,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-09-30restructuringin_progressFacility Closing [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2012-06-30restructuringin_progress2012-09-30Asia; Europe; North AmericaNetwork Power (primarily); also Process Management, Industrial Automation, Climate Technologies, Commercial & Residential SolutionsUSD 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.
2012-06-30acquisition_additioncompleted2012-03-31Network 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.
2012-06-30divestiture_reductionannounced2012-09-30Commercial & 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.
2012-06-30otherin_progress8,000Corporate (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.
2012-06-30restructuringin_progressAsia, Europe, North AmericaNetwork PowerUSD 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.
2012-06-30restructuringin_progressGlobalAll SegmentsUSD 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).
2012-06-30othercompleted8,000GlobalCorporateUSD 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.
2012-06-30restructuringin_progressUSD 35,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressProcess Management [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressNetwork Power [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressCommercial & Residential Solutions [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressIndustrial Automation [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressContract Termination [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressFacility Closing [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressFixed Asset Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressEmployee Severance [Member]USD 47,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-06-30restructuringin_progressStart Up And Moving Costs [Member]USD 22,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progress2012-09-30Asia, Europe, North AmericaNetwork Power (primarily); all segmentsUSD 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.
2012-03-31acquisition_additioncompleted2012-03Not disclosedNetwork 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.
2012-03-31divestiture_reductionannouncedNot disclosedCommercial & 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.
2012-03-31restructuringin_progressAsia, Europe, North AmericaNetwork PowerUSD 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.
2012-03-31othercompleted8,000GlobalCorporateUSD 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.
2012-03-31restructuringin_progressUSD 31,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressClimate Technologies [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressCommercial & Residential Solutions [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressIndustrial Automation [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressProcess Management [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressNetwork Power [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressFixed Asset Write Downs [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressStart Up And Moving Costs [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressEmployee Severance [Member]USD 24,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressContract Termination [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2012-03-31restructuringin_progressFacility Closing [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressAsia, Europe, North AmericaNetwork Power (primarily); actions across all segmentsUSD 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.
2011-12-31othercompletedUnited StatesCorporate — retiree medical benefitsUSD 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.
2011-12-31restructuringin_progressAsia, Europe, North AmericaNetwork PowerUSD 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.
2011-12-31restructuringin_progressGlobalAll SegmentsUSD 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.
2011-12-31restructuringin_progressUSD 23,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressClimate Technologies [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressFixed Asset Write Downs [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressIndustrial Automation [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressNetwork Power [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressProcess Management [Member]USD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressStart Up And Moving Costs [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressTools And Storage [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressContract Termination [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressEmployee Severance [Member]USD 12,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-12-31restructuringin_progressFacility Closing [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-09-30restructuringin_progress2,800Primarily North America and EuropeAll segments; start-up/moving costs concentrated in Industrial Automation and Network PowerUSD 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.
2011-09-30acquisition_additioncompletedNot disclosedMainly Process Management and Climate Technologiesbusiness_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.
2011-09-30divestiture_reductioncompleted2011-09-30Not disclosedTools 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.
2011-09-30restructuringcompleted2,800GlobalVarious segmentsUSD 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.
2011-09-30restructuringcompleted2,8002011-10-012011-09-30GlobalVariousUSD 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.
2011-09-30restructuringin_progress2,800USD 81,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressClimate Technologies MemberUSD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressFixed Asset Write Downs MemberUSD 12,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressIndustrial Automation MemberUSD 32,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressNetwork Power MemberUSD 20,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressProcess Management MemberUSD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressStart Up And Moving Costs MemberUSD 38,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressTools And Storage MemberUSD 7,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressLease And Other Contract Terminations [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressSeverance And Benefits [Member]USD 17,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-09-30restructuringin_progressVacant Facility And Other Shutdown Costs [Member]USD 11,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2011-06-30restructuringin_progressNorth America and EuropeProcess ManagementUSD 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.
2011-06-30restructuringin_progressNorth America and EuropeIndustrial AutomationUSD 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.
2011-06-30restructuringin_progressNorth America, Europe and AsiaNetwork PowerUSD 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.
2011-06-30plant_closurein_progressNorth AmericaClimate TechnologiesUSD 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.
2011-06-30restructuringin_progressNorth America and EuropeProcess ManagementUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reducing forcecount and consolidating facilities. Charge represents nine months ended June 30, 2011.
2011-06-30restructuringin_progressNorth America and EuropeIndustrial AutomationUSD 18 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidating production facilities. Charge represents nine months ended June 30, 2011.
2011-06-30restructuringin_progressNorth America, Europe and AsiaNetwork PowerUSD 16 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reducing forcecount and consolidating facilities. Charge represents nine months ended June 30, 2011.
2011-06-30restructuringin_progressNorth AmericaClimate TechnologiesUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidating production facilities. Charge represents nine months ended June 30, 2011.
2011-06-30restructuringin_progressNot specifiedTools and StorageUSD 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.
2011-06-30restructuringin_progressUSD 54,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressClimate Technologies [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressFixed Asset Write-Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressIndustrial Automation [Member]USD 18,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressNetwork Power [Member]USD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressProcess Management [Member]USD 8,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressStart-Up and Moving Costs [Member]USD 26,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressTools and Storage [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressLease and Contract Terminations [Member]USD 2,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressSeverance and Benefits [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-06-30restructuringin_progressVacant Facility and Other Shutdown Costs [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progress2011-09-30North America and EuropeIndustrial AutomationUSD 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.
2011-03-31restructuringin_progress2011-09-30North America, Europe and AsiaNetwork PowerUSD 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.
2011-03-31restructuringin_progress2011-09-30North AmericaClimate TechnologiesUSD 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.
2011-03-31restructuringin_progress2011-09-30Process ManagementUSD 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.
2011-03-31restructuringin_progress2011-09-30Tools and StorageUSD 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.
2011-03-31restructuringin_progressNorth AmericaIndustrial AutomationUSD 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.
2011-03-31restructuringin_progressEuropeIndustrial AutomationUSD 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.
2011-03-31restructuringin_progressNorth AmericaNetwork PowerUSD 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.
2011-03-31restructuringin_progressEuropeNetwork PowerUSD 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.
2011-03-31restructuringin_progressAsiaNetwork PowerUSD 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.
2011-03-31restructuringin_progressNorth AmericaClimate TechnologiesUSD 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.
2011-03-31restructuringin_progressGlobalProcess ManagementUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge represents six months ended March 31, 2011.
2011-03-31restructuringin_progressGlobalTools and StorageUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Charge represents six months ended March 31, 2011.
2011-03-31restructuringin_progressUSD 33,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressClimate Technologies [Member]USD 6,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressFixed Asset Write-Downs [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressIndustrial Automation [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressNetwork Power [Member]USD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressProcess Management [Member]USD 4,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressStart-Up and Moving Costs [Member]USD 15,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressTools and Storage [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressLease and Contract Terminations [Member]USD 1,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressSeverance and Benefits [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2011-03-31restructuringin_progressVacant Facility and Other Shutdown Costs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringin_progress2011-09-30Process ManagementUSD 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.
2010-12-31restructuringin_progress2011-09-30North AmericaIndustrial AutomationUSD 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.
2010-12-31restructuringin_progress2011-09-30North America and EuropeNetwork PowerUSD 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.
2010-12-31restructuringin_progress2011-09-30North America and AsiaClimate TechnologiesUSD 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.
2010-12-31restructuringin_progress2011-09-30Tools and StorageUSD 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.
2010-12-31restructuringin_progressNorth AmericaIndustrial Automationrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidating production facilities. Specific headcount not disclosed; total segment rationalization expense was $5 million.
2010-12-31restructuringin_progressNorth America and EuropeNetwork Powerrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Reducing forcecount. Specific headcount not disclosed; total segment rationalization expense was $5 million.
2010-12-31restructuringin_progressNorth America and AsiaClimate Technologiesrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidating production facilities. Specific headcount not disclosed; total segment rationalization expense was $4 million.
2010-12-31restructuringin_progressUSD 17,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringin_progressFixed Asset Write-Downs [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringin_progressStart-Up and Moving Costs [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringin_progressLease and Contract Terminations [Member]USD 0 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringin_progressSeverance and Benefits [Member]USD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-12-31restructuringin_progressVacant Facility and Other Shutdown Costs [Member]USD 3,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-09-30restructuringin_progress3,500Worldwide (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.
2010-09-30divestiture_reductioncompleted2010-09-30United StatesTools 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.
2010-09-30divestiture_reductioncompleted2010-09-30United StatesNetwork 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.
2010-09-30acquisition_additioncompleted2010-09-30WorldwideNetwork Power (Avocent Corporation, Chloride Group PLC); Industrial Automation (SSB Group GmbH); plus smaller businesses mainly in Process Management and Industrial Automationbusiness_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.
2010-09-30restructuringcompleted3,5002010-10-012010-09-30WorldwideAll SegmentsUSD 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.
2010-09-30acquisition_additioncompleted2010-01-012010-09-30WorldwideNetwork Power, Industrial Automationbusiness_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.
2010-09-30divestiture_reductioncompleted2010-01-012010-09-30United States, EuropeTools and Storage, Network Powerdiscontinued_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.
2010-09-30restructuringcompleted3,5002010-10-012010-09-30GlobalAll SegmentsUSD 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.
2010-09-30restructuringin_progressUSD 126,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30restructuringin_progressFixed Asset Write-Downs [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30restructuringin_progressStart-Up and Moving Costs [Member]USD 21,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30restructuringin_progressLease/Contract Terminations [Member]USD 9,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30restructuringin_progressSeverance and Benefits [Member]USD 73,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-09-30restructuringin_progressVacant Facility and Other Shutdown Costs [Member]USD 14,000,000 (absolute)restructuring_footnote
f5-10k / no-ai-xblr
2010-06-30restructuringin_progress2,5002010-09-30WorldwideAll 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.
2010-06-30acquisition_additionannounced2010-06-292010-12-31United Kingdombusiness_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.
2010-06-30divestiture_reductionannounced2009-12-112010-09-30Network Powerbusiness_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.
2010-06-30divestiture_reductionannouncedAppliance and Toolsbusiness_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.
2010-06-30restructuringin_progress2,500GlobalAll SegmentsUSD 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.
2010-06-30restructuringin_progressUSD 101,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-30restructuringin_progressFixed asset write-downsUSD 7,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-30restructuringin_progressStart-up and moving costsUSD 16,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-30restructuringin_progressLease/contract terminationsUSD 5,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-30restructuringin_progressSeverance and benefitsUSD 63,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-06-30restructuringin_progressVacant facility and other shutdown costsUSD 10,000,000 (absolute)restructuring_footnote
f5-10q / no-ai-xblr
2010-03-31restructuringin_progress1,800WorldwideAll segments: Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and ToolsUSD 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.
2010-03-31restructuringin_progress1,800GlobalAll SegmentsUSD 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.
2009-12-31restructuringin_progress8002010-09-30Worldwide (North America, Europe, Asia)All segments: Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and ToolsUSD 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.
2009-12-31acquisition_additioncompleted2009-11-062009-11-06Germany (SSB Group GmbH)Industrial Automationbusiness_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.
2009-12-31acquisition_additioncompleted2009-12-112009-12-11United States (Avocent Corporation)Network Powerbusiness_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.
2009-12-31divestiture_reductionannounced2009-12-112010-09-30Global (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.
2009-12-31restructuringin_progress8002009-12-31GlobalAll segmentsUSD 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.
2009-09-30restructuringin_progress20,000WorldwideAll 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.
2009-09-30acquisition_additioncompletedWorldwideProcess Management, Industrial Automation, Climate Technologies, Appliance and Toolsbusiness_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.
2009-09-30acquisition_additionannounced2009-12-31United StatesNetwork Powersubsequent_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.
2009-09-30restructuringcompleted20,0002009-10-012009-09-30WorldwideAll segmentsUSD 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.
2009-09-30restructuringcompleted20,0002009-01-012009-09-30GlobalAll SegmentsUSD 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.
2009-09-30acquisition_additioncompleted2009-01-012009-09-30GlobalProcess Management, Industrial Automation, Climate Technologies, Appliance and ToolsUSD 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.
2009-06-30restructuringin_progress20,0002009-09-30WorldwideAll segmentsUSD 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.
2009-06-30plant_closurein_progress2009-09-30WorldwideAll segmentsrestructuring_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.
2009-06-30acquisition_additioncompleted2009-04-30NorwayProcess Managementbusiness_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).
2009-06-30acquisition_additioncompleted2009-02-28IndiaIndustrial Automationbusiness_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).
2009-06-30acquisition_additioncompleted2008-12-31ItalyIndustrial Automationbusiness_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).
2009-06-30restructuringin_progress20,000WorldwideAll SegmentsUSD 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.
2009-03-31restructuringin_progress2009-09-30GlobalProcess ManagementUSD 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.
2009-03-31restructuringin_progress2009-09-30GlobalIndustrial AutomationUSD 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.
2009-03-31restructuringin_progress2009-09-30GlobalNetwork PowerUSD 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.
2009-03-31restructuringin_progress2009-09-30GlobalClimate TechnologiesUSD 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.
2009-03-31restructuringin_progress2009-09-30GlobalAppliance and ToolsUSD 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.
2009-03-31acquisition_additioncompleted2008-12-01GlobalIndustrial AutomationUSD 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).
2009-03-31acquisition_additioncompleted2009-02-01IndiaIndustrial AutomationUSD 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).
2009-03-31acquisition_additionannounced2009-04-01GlobalProcess ManagementUSD 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).
2009-03-31restructuringin_progressNorth AmericaIndustrial AutomationUSD 12 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance, benefits, and start-up/moving costs related to consolidation of production facilities.
2009-03-31restructuringin_progressNorth America, Europe, AsiaNetwork PowerUSD 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.
2009-03-31restructuringin_progressEurope, North America, AsiaClimate TechnologiesUSD 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.
2009-03-31restructuringin_progressNorth AmericaAppliance and ToolsUSD 15 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Consolidation and downsizing of production facilities and salaried workforce reductions.
2009-03-31restructuringin_progressGlobalProcess ManagementUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization expenses for the six months ended March 31, 2009.
2008-12-31restructuringin_progressProcess ManagementUSD 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.
2008-12-31restructuringin_progressIndustrial AutomationUSD 3 (millions)restructuring_footnote
f5-10q / MiMo-V2.6-Flash-fp8-HTML
Q1 FY2009 rationalization expense by segment; no employee counts disclosed.
2008-12-31restructuringin_progressNorth America; Europe; AsiaNetwork PowerUSD 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.
2008-12-31restructuringin_progressEuropeClimate TechnologiesUSD 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.
2008-12-31restructuringin_progressNorth AmericaAppliance and ToolsUSD 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.
2008-12-31acquisition_additioncompleted2008-12-31Industrial AutomationUSD 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.
2008-12-31restructuringin_progressNorth America, Europe, AsiaNetwork PowerUSD 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.
2008-12-31restructuringin_progressEuropeClimate TechnologiesUSD 14 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance related to relocation of a production facility.
2008-12-31restructuringin_progressNorth AmericaAppliance and ToolsUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance related to consolidation and downsizing of certain production facilities.
2008-12-31restructuringin_progressGlobalProcess ManagementUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization expense for the segment.
2008-12-31restructuringin_progressGlobalIndustrial AutomationUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization expense for the segment.
2008-09-30restructuringin_progress2,300GlobalAll segmentsUSD 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.
2008-09-30divestiture_reductioncompleted2008-09-30EuropeAppliance and ToolsUSD 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.
2008-09-30divestiture_reductioncompleted2007-12-31United StatesProcess Managementdiscontinued_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.
2008-09-30acquisition_additioncompleted2007-12-31GlobalNetwork 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.
2008-09-30restructuringin_progressNorth AmericaAppliance and Tools — North American appliance control businessUSD 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.
2008-09-30restructuringcompleted2,3002008-09-302008-09-30WorldwideMultiple segmentsUSD 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.
2008-09-30restructuringcompleted2,3002008-09-302008-09-30GlobalVarious segmentsUSD 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.
2008-06-30restructuringin_progressProcess ManagementUSD 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.
2008-06-30restructuringin_progressAsia and North AmericaIndustrial AutomationUSD 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.
2008-06-30restructuringin_progressUnited States, Europe, Mexico, North AmericaNetwork PowerUSD 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.
2008-06-30restructuringin_progressMexico, Eastern Europe, United States, EuropeClimate TechnologiesUSD 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.
2008-06-30restructuringin_progressCanada, Mexico, EuropeAppliance and ToolsUSD 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.
2008-06-30divestiture_reductionannounced2008-09-30EuropeAppliance and ToolsUSD 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.
2008-06-30acquisition_additioncompleted2007-12-31Network PowerUSD 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.
2008-06-30divestiture_reductioncompletedProcess Managementother
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.
2008-06-30restructuringin_progressGlobalProcess ManagementUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Nine months ended June 30, 2008. Includes severance and start-up/moving costs.
2008-06-30restructuringin_progressGlobalIndustrial AutomationUSD 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.
2008-06-30restructuringin_progressGlobalNetwork PowerUSD 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.
2008-06-30restructuringin_progressGlobalClimate TechnologiesUSD 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.
2008-06-30restructuringin_progressGlobalAppliance and ToolsUSD 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.
2008-06-30divestiture_reductioncompletedEuropeAppliance and ToolsUSD 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.
2008-06-30divestiture_reductioncompletedUnited StatesProcess ManagementUSD -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.
2008-03-31restructuringin_progress2008-09-30Process ManagementUSD 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.
2008-03-31restructuringin_progress2008-09-30Asia and North AmericaIndustrial AutomationUSD 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.
2008-03-31restructuringin_progress2008-09-30United States, Europe, Mexico and North AmericaNetwork PowerUSD 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.
2008-03-31restructuringin_progress2008-09-30United States, Mexico and Eastern EuropeClimate TechnologiesUSD 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.
2008-03-31restructuringin_progress2008-09-30Canada, Mexico and EuropeAppliance and ToolsUSD 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.
2008-03-31divestiture_reductionin_progress2009-03-31EuropeAppliance 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.
2008-03-31acquisition_additioncompleted2007-12-312007-12-31Network Powerbusiness_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.
2008-03-31divestiture_reductioncompletedProcess 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.
2008-03-31restructuringin_progressGlobalProcess ManagementUSD 4 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance and start-up/moving costs for consolidation of facilities.
2008-03-31restructuringin_progressAsia, North AmericaIndustrial AutomationUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and start-up/moving costs for consolidation of power transmission facilities.
2008-03-31restructuringin_progressUnited States, Europe, MexicoNetwork PowerUSD 8 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance related to Artesyn acquisition closure and shifting production to Mexico.
2008-03-31restructuringin_progressMexico, Eastern Europe, United StatesClimate TechnologiesUSD 5 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Start-up costs for capacity expansion and consolidation of production facilities.
2008-03-31restructuringin_progressCanada, Mexico, EuropeAppliance and ToolsUSD 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.
2008-03-31divestiture_reductioncompletedEuropeAppliance and ToolsUSD 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.
2008-03-31divestiture_reductioncompletedGlobalProcess Managementdiscontinued_operations_footnote
f5-10q / Qwen3.6-27B-Q8_0
Sale of Brooks Instrument flow meters and flow controls unit completed in Q1 2008.
2008-03-31acquisition_additioncompleted2007-12-31GlobalNetwork PowerUSD 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.
2007-12-31restructuringin_progressMultiple 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).
2007-12-31acquisition_additioncompleted2007-12-312007-12-31Network PowerUSD 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.
2007-12-31divestiture_reductioncompletedProcess Managementother
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.
2007-12-31restructuringin_progressAsia and North AmericaIndustrial AutomationUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and start-up/moving costs related to consolidation of power transmission facilities.
2007-12-31restructuringin_progressNorth AmericaNetwork PowerUSD 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.
2007-12-31restructuringin_progressGlobalProcess ManagementUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization costs incurred during the quarter.
2007-12-31restructuringin_progressGlobalClimate TechnologiesUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization costs incurred during the quarter.
2007-12-31restructuringin_progressGlobalAppliance and ToolsUSD 2 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization costs incurred during the quarter.
2007-09-30restructuringin_progress2,200GlobalAll 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.
2007-09-30acquisition_additioncompletedGlobalProcess Management (Damcos); Network Power (Stratos); smaller businesses mainly in Process Management and Appliance and ToolsUSD 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.
2007-09-30divestiture_reductioncompletedNot disclosedTwo small business unitsbusiness_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.
2007-09-30acquisition_additionannounced2007-12-31Not disclosedNetwork PowerUSD 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.
2007-09-30restructuringcompleted2,2002007-10-012007-09-30GlobalMultiple 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.
2007-09-30restructuringcompleted2,2002007-09-302007-09-30GlobalVarious segmentsUSD 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.
2007-06-30restructuringin_progress1,800Global (United States, Western Europe, Eastern Europe, Asia, Mexico, China)All five segments: Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and ToolsUSD 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.
2007-06-30acquisition_additioncompletedDenmark (marine/shipbuilding industry customers)Process ManagementUSD 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.
2007-06-30acquisition_additionannounced2007-07-12United StatesNetwork PowerUSD 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.
2007-06-30restructuringin_progress1,800GlobalAll SegmentsUSD 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.
2007-03-31restructuringin_progressChina; Western Europe; Eastern Europe; AsiaProcess ManagementUSD 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.
2007-03-31restructuringin_progressAsiaIndustrial AutomationUSD 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.
2007-03-31restructuringin_progressUnited States; Europe; MexicoNetwork PowerUSD 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.
2007-03-31restructuringin_progressMexico; Eastern Europe; United StatesClimate TechnologiesUSD 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.
2007-03-31restructuringin_progressCanada; Mexico; EuropeAppliance and ToolsUSD 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.
2007-03-31acquisition_additioncompleted2007-01Process ManagementUSD 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.
2007-03-31restructuringin_progressChina, Western Europe, Eastern Europe, AsiaProcess ManagementUSD 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.
2007-03-31restructuringin_progressAsiaIndustrial AutomationUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance and start-up/moving costs for consolidation of power transmission facilities.
2007-03-31restructuringin_progressUnited States, Europe, MexicoNetwork PowerUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance for closure of Artesyn-acquired facilities and shifting production to Mexico.
2007-03-31restructuringin_progressMexico, Eastern Europe, United StatesClimate TechnologiesUSD 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.
2007-03-31restructuringin_progressCanada, Mexico, EuropeAppliance and ToolsUSD 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.
2006-12-31restructuringin_progressUnited States, Asia (per narrative)Industrial AutomationUSD 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.
2006-12-31restructuringin_progressUnited States, MexicoNetwork PowerUSD 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.
2006-12-31restructuringin_progressUnited States, Mexico, Eastern EuropeClimate TechnologiesUSD 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.
2006-12-31restructuringin_progressNot specifiedProcess ManagementUSD 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.
2006-12-31restructuringin_progressNot specifiedAppliance and ToolsUSD 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.
2006-12-31acquisition_additionannounced2007-01Denmark (Damcos Holding AS)Process ManagementUSD 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.
2006-12-31restructuringin_progressAsiaIndustrial Automationrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance and start-up/moving costs for consolidation of power transmission facilities.
2006-12-31restructuringin_progressUnited States; MexicoNetwork Powerrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Severance for Artesyn facility closures; start-up/moving costs for production shift to Mexico.
2006-12-31restructuringin_progressMexico; Eastern Europe; United StatesClimate Technologiesrestructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Start-up costs for capacity expansion; consolidation of US production facilities.
2006-09-30restructuringin_progress1,700GlobalMultiple 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.
2006-09-30acquisition_additioncompletedGlobalNetwork Power (Artesyn, Knürr); Process Management (Bristol); smaller businesses mainly in Industrial Automation and Appliance and ToolsUSD 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.
2006-09-30divestiture_reductionin_progress2007-09-30GlobalMaterials testing business and several other small business unitsUSD 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.
2006-09-30restructuringcompleted1,7002006-10-012006-09-30GlobalProcess Management, Industrial Automation, Network Power, Climate Technologies, Appliance and ToolsUSD 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.
2006-09-30restructuringcompleted1,7002006-09-302006-09-30GlobalMultiple segmentsUSD 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.
2006-06-30restructuringin_progress2006-09-30United States, Western Europe, Eastern Europe, China, MexicoAll 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.
2006-06-30acquisition_additioncompletedGlobalNetwork PowerUSD 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.
2006-06-30acquisition_additioncompletedGermanyNetwork PowerUSD 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.
2006-06-30acquisition_additioncompletedUnited StatesProcess ManagementUSD 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.
2006-06-30restructuringin_progressGlobalProcess ManagementUSD 6 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance, plant closure, and consolidation costs.
2006-06-30restructuringin_progressGlobalIndustrial AutomationUSD 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.
2006-06-30restructuringin_progressGlobalNetwork PowerUSD 9 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Includes severance, start-up, and vacant facility costs for consolidating power systems operations.
2006-06-30restructuringin_progressGlobalClimate TechnologiesUSD 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.
2006-06-30restructuringin_progressGlobalAppliance and ToolsUSD 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.
2006-03-31restructuringin_progressProcess ManagementUSD 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.
2006-03-31restructuringin_progressWestern Europe; Eastern Europe; China; MexicoIndustrial AutomationUSD 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.
2006-03-31restructuringin_progressNorth America; EuropeNetwork PowerUSD 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.
2006-03-31restructuringin_progressWestern Europe; ChinaClimate TechnologiesUSD 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.
2006-03-31restructuringin_progressUnited States; Western Europe; China; MexicoAppliance and ToolsUSD 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.
2006-03-31othercompletedMexicoUSD 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.
2006-03-31acquisition_additioncompleted2006-04-28GlobalNetwork Powerbusiness_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.
2006-03-31acquisition_additioncompletedGermanyNetwork Powerbusiness_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.
2006-03-31acquisition_additioncompletedProcess Managementbusiness_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.
2006-03-31restructuringin_progressGlobalProcess ManagementUSD 3 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Six months ended March 31, 2006. Includes severance and plant closure costs.
2006-03-31restructuringin_progressGlobalIndustrial AutomationUSD 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.
2006-03-31restructuringin_progressGlobalNetwork PowerUSD 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.
2006-03-31restructuringin_progressGlobalClimate TechnologiesUSD 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.
2006-03-31restructuringin_progressGlobalAppliance and ToolsUSD 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.
2005-12-31restructuringin_progressProcess ManagementUSD 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.
2005-12-31restructuringin_progressWestern Europe, Eastern Europe, China, MexicoIndustrial AutomationUSD 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.
2005-12-31restructuringin_progressNorth America, EuropeNetwork PowerUSD 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.
2005-12-31restructuringin_progressClimate TechnologiesUSD 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.
2005-12-31restructuringin_progressUnited States, Western Europe, China, MexicoAppliance and ToolsUSD 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.
2005-12-31acquisition_additionannouncedUnited StatesNetwork Powersubsequent_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.
2005-12-31acquisition_additioncompleted2006-01-312006-01-31GermanyNetwork Powersubsequent_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.
2005-12-31restructuringin_progressNorth AmericaProcess ManagementUSD 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.
2005-12-31restructuringin_progressWestern Europe, China, Eastern EuropeIndustrial AutomationUSD 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.
2005-12-31restructuringin_progressNorth America, EuropeNetwork PowerUSD 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.
2005-12-31restructuringin_progressUnited States, Western Europe, China, MexicoAppliance and ToolsUSD 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.
2005-12-31restructuringin_progressGlobalClimate TechnologiesUSD 1 (millions)restructuring_footnote
f5-10q / Qwen3.6-27B-Q8_0
Rationalization costs incurred during the quarter.
2005-09-30restructuringin_progress2,100Worldwide (approximately 25 production, distribution or office facilities exited)Company-wide; rationalization expense reported across all five segmentsUSD 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.
2005-09-30acquisition_additioncompletedNot disclosedAppliance and Tools (Do+Able); Industrial Automation (Numatics); smaller businesses mainly in Process Management and Appliance and Toolsbusiness_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.
2005-09-30restructuringcompleted2,100GlobalMultiple segmentsUSD 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.
2005-09-30restructuringcompleted2,1002005-09-302005-09-30GlobalVarious segmentsUSD 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.
2005-06-30restructuringin_progress1,800Global (United States, Mexico, China, Europe, Western Europe)Consolidated across Process Management, Industrial Automation, Network Power, Climate Technologies, Appliance and Tools and CorporateUSD 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.
2005-06-30restructuringin_progress1,800GlobalVarious segmentsUSD 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.
2005-03-31restructuringin_progress1,000Global (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.
2005-03-31plant_closurein_progressNorth America; Western EuropeNetwork Power — power systems operationsrestructuring_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.
2005-03-31plant_closurein_progressEurope; North AmericaProcess Management — analytical instrumentation and valve operationsrestructuring_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.
2005-03-31plant_closurein_progressUnited States; Mexico; ChinaAppliance and Tools — industrial and hermetic motor manufacturing; appliance controlsrestructuring_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.
2005-03-31restructuringin_progress1,000GlobalVarious (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.
2004-12-31restructuringin_progress500Global (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.
2004-12-31acquisition_additioncompletedGlobalNetwork 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.
2004-12-31restructuringin_progress5002004-12-31GlobalMultiple SegmentsUSD 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.
2004-09-30restructuringin_progress2,000Primarily United States, with actions in Europe, Mexico and ChinaConsolidated — 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.
2004-09-30acquisition_additioncompletedNorth AmericaNetwork Power — Marconi outside plant and power systems business (renamed Emerson Network Power Energy Systems - North America), plus several smaller businessesbusiness_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
2004-09-30restructuringcompleted2,0002004-10-012004-09-30GlobalMultiple 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.
2004-09-30restructuringcompleted2,0002004-09-302004-09-30GlobalVarious segmentsUSD 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.
2004-06-30restructuringin_progress1,4002004-09-30United States, Mexico, China, Western EuropeProcess Control; Industrial Automation; Electronics and Telecommunications; HVAC; Appliance and ToolsUSD 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).
2004-06-30plant_closurein_progressNorth AmericaProcess Controlrestructuring_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.
2004-06-30restructuringin_progressWestern EuropeElectronics 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.
2004-06-30restructuringin_progressUnited States, Mexico, ChinaAppliance and Toolsrestructuring_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.
2004-06-30acquisition_additionannounced2004-09-30North AmericaElectronics 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.
2004-06-30restructuringin_progressUnited States, Mexico, ChinaAppliance and ToolsUSD 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.
2004-06-30restructuringin_progressEuropeHVACMD&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.
2004-06-30restructuringin_progressWestern Europe, China, Eastern EuropeElectronics and TelecommunicationsMD&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.
2004-03-31restructuringin_progress1,000Global (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.
2004-03-31restructuringin_progress1,000GlobalMultiple segmentsUSD 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.
2003-12-31restructuringin_progressConsolidated (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.
2003-12-31restructuringin_progressNorth AmericaProcess ControlUSD 3 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Plant closure and severance costs.
2003-12-31restructuringin_progressWestern EuropeElectronics and TelecommunicationsUSD 5 (millions)MD&A
f5-10q / Qwen3.6-27B-Q8_0
Shifting manufacturing to Asia and Eastern Europe.
2003-12-31restructuringin_progressEuropeHVACMD&A
f5-10q / Qwen3.6-27B-Q8_0
Severance costs related to European temperature sensors and controls operations.
2003-12-31restructuringin_progressGlobalElectronics and TelecommunicationsMD&A
f5-10q / Qwen3.6-27B-Q8_0
Closing and relocating facilities.
2003-12-31restructuringin_progressGlobalHVACMD&A
f5-10q / Qwen3.6-27B-Q8_0
Workforce reductions.
2003-12-31restructuringin_progressGlobalProcess ControlMD&A
f5-10q / Qwen3.6-27B-Q8_0
Workforce reductions.
2003-09-30restructuringin_progressWorldwideAll 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.
2003-09-30divestiture_reductioncompleted2003-05-012003-06-30United StatesElectronics 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.
2003-09-30restructuringcompleted2003-05-012003-09-30United StatesElectronics 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.
2003-09-30plant_closurecompletedUnited StatesAppliance 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.
2003-09-30acquisition_additioncompletedWorldwideMultiplebusiness_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.
2003-09-30restructuringcompleted2003-09-302003-09-30GlobalAll SegmentsUSD 141 (millions)MD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Ongoing costs for rationalization of operations. Specific headcount not disclosed for 2003.
2003-09-30divestiture_reductioncompleted2003-06-302003-06-30GlobalElectronics and TelecommunicationsMD&A
f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML
Sale of Jordan stock including Dura-Line operations. Headcount impact not explicitly quantified.
2003-09-30restructuringcompleted2003-09-302003-09-30GlobalAll SegmentsUSD 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.
2003-09-30restructuringcompleted2003-09-302003-09-30GlobalElectronics and TelecommunicationsUSD 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.
2003-06-30divestiture_reductioncompleted2003-052003-06-30United StatesElectronics 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.
2003-06-30restructuringin_progressGlobalMultiple 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.
2003-06-30restructuringcompleted2003-052003-06Electronics and TelecommunicationsUSD 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.
2003-06-30divestiture_reductioncompleted2003-052003-06Electronics and TelecommunicationsUSD -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.
2003-03-31restructuringin_progressMultiple segments and corporateUSD 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.
2003-03-31divestiture_reductionannounced2003-05-01JordanEmerson 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.
2003-03-31restructuringin_progressUSD 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.
2003-03-31restructuringin_progressUSD 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.
2002-12-31restructuringin_progressConsolidated — rationalization of operations across all five segments and corporateUSD 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.
2002-12-31restructuringin_progressGlobalCorporate and all segmentsUSD 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.
2002-09-30restructuringin_progressUnited States, Europe and AsiaMultiple segmentsUSD 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
2002-09-30acquisition_additioncompletedChinaElectronics and Telecommunicationsbusiness_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
2002-09-30divestiture_reductioncompletedNot specifiedIndustrial Automation / Process Controldiscontinued_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
2002-09-30restructuringcompleted2,9002001-10-01United States, Europe, AsiaElectronics and Telecommunications, Appliance and Tools, Process ControlUSD 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.
2002-09-30restructuringcompleted2,9002001-10-01United States, Europe, AsiaElectronics and Telecommunications, Appliance and Tools, Process ControlUSD 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.
2002-06-30restructuringin_progress2001-09-30Consolidation and rationalization of operations; exit of certain product linesUSD 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.
2002-06-30acquisition_additioncompleted2001-10-01ChinaNetwork 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.
2002-06-30divestiture_reductioncompleted2001-10-01Chromalox industrial heating solutions businessbusiness_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.
2002-06-30divestiture_reductioncompleted2001-10-01ENI 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.
2002-06-30divestiture_reductioncompleted2001-10-01Daniel 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.
2002-06-30restructuringin_progress2001-12-31USD 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.
2002-03-31restructuringin_progress2001USD 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.
2002-03-31restructuringin_progress2001-12-31USD 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.
2001-12-31restructuringin_progressNot specifiedConsolidation and rationalization of operations; exit of certain product linesUSD 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.
2001-12-31acquisition_additioncompleted2001-10-21ChinaElectronics 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.
2001-12-31divestiture_reductioncompletedNot specifiedIndustrial Automation — Chromalox industrial heating solutions businessbusiness_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.
2001-12-31restructuringin_progress2001-10-01USD 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.
2001-12-31acquisition_additioncompleted2001-10-21ChinaElectronics and TelecommunicationsUSD 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.
2001-12-31divestiture_reductioncompletedIndustrial AutomationUSD 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.
2001-09-30restructuringin_progress2,9002001United States, Europe and AsiaPrimarily Electronics and Telecommunications, Appliance and Tools and Process ControlUSD 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.
2001-09-30acquisition_additioncompleted2001Process Controlbusiness_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.
2001-09-30divestiture_reductioncompletedIndustrial Automationrestructuring_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.
2001-09-30divestiture_reductioncompletedProcess Controlrestructuring_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.
2001-09-30othercompletedAppliance and Toolsrestructuring_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.
2001-09-30divestiture_reductionannouncedElectronics and Telecommunicationssubsequent_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.
2001-09-30divestiture_reductionannouncedAppliance and Toolssubsequent_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.
2001-09-30acquisition_additioncompletedChinaElectronics and Telecommunicationssubsequent_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.
2001-09-30restructuringcompleted2,9002001-09-302001-09-30United States, Europe, AsiaProcess Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and ToolsUSD 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.
2001-09-30restructuringcompleted2,9002001-09-30United States, Europe, AsiaProcess Control, Industrial Automation, Electronics and Telecommunications, HVAC, Appliance and ToolsUSD 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.
2001-03-31divestiture_reductioncompletedIndustrial 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.
2000-09-30acquisition_additioncompleted2000-03-31GlobalElectronics and TelecommunicationsUSD 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.
2000-09-30acquisition_additioncompleted2000-06-30GlobalElectronics and TelecommunicationsUSD 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.
2000-09-30acquisition_additioncompleted2000-09-30United StatesAppliance and Toolsbusiness_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.
2000-09-30divestiture_reductioncompleted2000-06-30GlobalIndustrial AutomationUSD 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.
2000-09-30divestiture_reductioncompleted2000-09-30United StatesAppliance and ToolsUSD 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.
2000-09-30divestiture_reductioncompleted2000-09-30Globalotherdiscontinued_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.
2000-06-30acquisition_additioncompletedUnited StatesElectronics and TelecommunicationsUSD 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.
2000-06-30acquisition_additioncompletedUnited StatesAppliance and Toolsbusiness_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.
2000-06-30acquisition_additioncompletedSwedenElectronics and TelecommunicationsUSD 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.
2000-06-30divestiture_reductionin_progressUnited StatesAppliance and Toolsbusiness_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.
2000-06-30divestiture_reductioncompletedGermanyIndustrial AutomationUSD 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.
2000-06-30restructuringin_progressbusiness_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.
2000-03-31acquisition_additioncompletedGlobalElectronics and TelecommunicationsUSD 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.
2000-03-31acquisition_additioncompletedUnited StatesAppliance and Toolsbusiness_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.
2000-03-31acquisition_additioncompletedGlobalElectronics and TelecommunicationsUSD 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.
2000-03-31divestiture_reductionannouncedUnited StatesAppliance and Toolsbusiness_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.
2000-03-31divestiture_reductionannouncedGlobalProcess Controlbusiness_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.
2000-03-31divestiture_reductioncompletedGlobalOtherbusiness_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.
1999-12-31acquisition_additionin_progressGlobalElectronics and TelecommunicationsUSD 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.
1999-12-31acquisition_additionannouncedGlobalElectronics and TelecommunicationsUSD 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.
1999-12-31divestiture_reductionannouncedAppliance 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.
1999-12-31otherannounced2000-02-03Corporate — Office of the Vice Chairmanother
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.
1999-06-30acquisition_additioncompletedUnited StatesCommercial and Industrial segment — process controlsUSD 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.
1999-06-30acquisition_additioncompletedUnited KingdomCommercial and Industrial segment — electronicsUSD 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.
1999-06-30divestiture_reductioncompletedF.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.
1999-06-30acquisition_additioncompletedUnited StatesCommercial and Industrial segment — measurement and control for oil and gasUSD 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.
1999-06-30acquisition_additioncompletedFractional motors — alternator operationsbusiness_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.
1999-06-30acquisition_additioncompletedGenerator businessbusiness_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.
1999-06-30acquisition_additioncompletedMultiplebusiness_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.
1999-06-30restructuringin_progressOther operationsbusiness_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.
1999-03-31acquisition_additioncompletedUnited StatesCommercial and Industrial — process businessUSD 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.
1999-03-31acquisition_additioncompletedUnited KingdomCommercial and Industrial — electronicsUSD 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.
1999-03-31divestiture_reductionannounced1999-06-30F.G. Wilson joint venture interestbusiness_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.
1999-03-31acquisition_additionannouncedFractional motors — alternator operationsbusiness_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.
1999-03-31acquisition_additionannouncedUnited StatesProcess business — measurement and control products for oil and gasUSD 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.
1998-12-31acquisition_additioncompletedProcess 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.
1998-12-31acquisition_additioncompletedUSD 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.
1998-12-31divestiture_reductionannouncedF.G. Wilson (Engineering) Ltd. joint venture interestsubsequent_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.
1998-12-31acquisition_additionannouncedGenerator operationssubsequent_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.
1998-09-30acquisition_additioncompleted1997-10-011998-09-30United StatesCommercial and IndustrialUSD 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.
1998-09-30acquisition_additioncompleted1997-10-011998-09-30United Kingdom / InternationalCommercial and IndustrialUSD 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.
1998-09-30acquisition_additioncompleted1997-10-011998-09-30Italy / EuropeAppliance and Construction-Relatedbusiness_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.
1997-12-31acquisition_additioncompletedUnited StatesCommercial and Industrial segment — condition monitoring and diagnostic products and servicesUSD 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.
1997-09-30acquisition_additioncompleted1996-10-011997-03-31United KingdomCommercial and Industrial — Electronicsbusiness_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.
1997-09-30acquisition_additioncompleted1997-07-011997-09-30United StatesAppliance and Construction-Related — Storage productsUSD 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.
1997-09-30acquisition_additioncompleted1997-07-011997-09-30United StatesAppliance and Construction-Related — Storage productsbusiness_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.
1997-09-30acquisition_additioncompleted1997-09-301997-09-30United StatesCommercial and Industrial — Electrical systems and components testingItem_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.
1997-09-30othercompleted1997-07-011997-09-30United StatesCommercial and Industrial — Appleton Electric operationsUSD 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.
1997-03-31acquisition_additionin_progressElectronicsbusiness_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.
1996-09-30acquisition_additioncompletedUnited StatesAppliance 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.
1996-09-30acquisition_additioncompletedUnited StatesCommercial and Industrial Components and Systemsbusiness_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.
1996-09-30divestiture_reductioncompletedUnited StatesTools (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.
1996-03-31acquisition_additioncompletedUnited StatesTools (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.
1995-09-30acquisition_additioncompletedUnited KingdomCommercial and Industrial — industrial motors and drivesbusiness_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.
1995-09-30acquisition_additioncompletedUnited KingdomCommercial and Industrial — industrial motors and drivesbusiness_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.
1995-09-30divestiture_reductionannounced1996-12United StatesAppliance 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.
1995-09-30restructuringcompletedEuropeProcess control and heating, ventilating and air conditioning businessesUSD 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.
1995-09-30restructuringcompleted1995-01-011995-12-31EuropeProcess control and heating, ventilating and air conditioning businessesMD&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.
1995-09-30acquisition_additioncompleted1995-01-011995-06-30United KingdomIndustrial motors and drivesUSD 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.