Rockwell Automation (ROK) 10-K8 Nov 232023 FY Annual reportFinancial data

Company Profile

Cover Page

Cover Page - USD ($) $ in Billions	12 Months Ended
Cover Page - USD ($) $ in Billions	Sep. 30, 2023	Oct. 31, 2023	Mar. 31, 2023
Cover [Abstract]
Document Type	10-K
Document Annual Report	true
Document Period End Date	Sep. 30, 2023
Document Transition Report	false
Entity File Number	1-12383
Entity Registrant Name	Rockwell Automation, Inc
Entity Incorporation, State or Country Code	DE
Entity Tax Identification Number	25-1797617
Entity Address, Address Line One	1201 South Second Street
Entity Address, City or Town	Milwaukee
Entity Address, State or Province	WI
Entity Address, Postal Zip Code	53204
City Area Code	414
Local Phone Number	382-2000
Title of 12(b) Security	Common Stock ($1.00 par value)
Trading Symbol	ROK
Security Exchange Name	NYSE
Entity Well-known Seasoned Issuer	Yes
Entity Voluntary Filers	No
Entity Current Reporting Status	Yes
Entity Interactive Data Current	Yes
Entity Filer Category	Large Accelerated Filer
Entity Small Business	false
Entity Emerging Growth Company	false
ICFR Auditor Attestation Flag	true
Entity Shell Company	false
Entity Public Float			$ 33.7
Entity Common Stock, Shares Outstanding		114,672,533
Documents Incorporated by Reference	Certain information contained in the Proxy Statement for the Annual Meeting of Shareowners of registrant to be held on February 6, 2024, is incorporated by reference into Part III hereof.
Entity Central Index Key	0001024478
Current Fiscal Year End Date	--09-30
Document Fiscal Year Focus	2023
Document Fiscal Period Focus	FY
Amendment Flag	false

Audit Information

Audit Information	12 Months Ended
Audit Information	Sep. 30, 2023
Audit Information [Abstract]
Auditor Name	DELOITTE & TOUCHE LLP
Auditor Location	Milwaukee, Wisconsin
Auditor Firm ID	34

Consolidated Balance Sheet

Consolidated Balance Sheet - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Current assets
Cash and cash equivalents	$ 1,071.8	$ 490.7
Receivables	2,167.4	1,736.7
Inventories	1,404.9	1,054.2
Other current assets	266.7	329.1
Total current assets	4,910.8	3,610.7
Property, net of accumulated depreciation	684.2	586.5
Operating lease right-of-use assets	349.4	321
Goodwill	3,529.2	3,524
Other intangible assets, net	852.4	902
Deferred income taxes	459.3	384.3
Long-term investments	157.1	1,056
Other assets	361.6	374.2
Total	11,304	10,758.7
Current liabilities
Short-term debt	94.7	359.3
Current portion of long-term debt	8.6	609.1
Accounts payable	1,150.2	1,028
Compensation and benefits	499.9	292.7
Contract liabilities	592.5	507
Customer returns, rebates, and incentives	452	373.1
Other current liabilities	567.4	403
Total current liabilities	3,365.3	3,572.2
Long-term debt	2,862.9	2,867.8
Retirement benefits	503.6	471.2
Operating lease liabilities	285.3	263.5
Other liabilities	543.5	567.3
Commitments and contingent liabilities (Note 17)
Shareowners’ equity
Common stock ($1.00 par value, shares issued: 181.4)	181.4	181.4
Additional paid-in capital	2,102.5	2,007.1
Retained earnings	9,255.2	8,411.8
Accumulated other comprehensive loss	(790.1)	(917.5)
Common stock in treasury, at cost (shares held: 66.6 and 66.2, respectively)	(7,187.4)	(6,957.2)
Shareowners’ equity attributable to Rockwell Automation, Inc.	3,561.6	2,725.6
Noncontrolling interests	181.8	291.1
Total shareowners’ equity	3,743.4	3,016.7
Total	$ 11,304	$ 10,758.7

Consolidated Balance Sheet (Par

Consolidated Balance Sheet (Parenthetical) - $ / shares shares in Millions	Sep. 30, 2023	Sep. 30, 2022
Shareowners' equity:
Common stock, par value per share (in dollars per share)	$ 1	$ 1
Common stock, shares issued (in shares)	181.4	181.4
Treasury stock, shares held (in shares)	66.6	66.2

Consolidated Statement of Opera

Consolidated Statement of Operations - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Sales
Total sales	$ 9,058	$ 7,760.4	$ 6,997.4
Cost of sales
Cost of sales	(5,341)	(4,658.4)	(4,099.7)
Gross profit	3,717	3,102	2,897.7
Selling, general and administrative expenses	(2,023.7)	(1,766.7)	(1,680)
Change in fair value of investments	279.3	(136.9)	397.4
Other (expense) income (Note 15)	(71.3)	(1.6)	5.7
Goodwill impairment	(157.5)	0	0
Interest expense	(135.3)	(123.2)	(94.6)
Income before income taxes	1,608.5	1,073.6	1,526.2
Income tax provision (Note 16)	(330.5)	(154.5)	(181.9)
Net income	1,278	919.1	1,344.3
Net loss attributable to noncontrolling interests	(109.4)	(13.1)	(13.8)
Net income attributable to Rockwell Automation, Inc.	$ 1,387.4	$ 932.2	$ 1,358.1
Earnings per share:
Basic (in dollars per share)	$ 12.03	$ 8.02	$ 11.69
Diluted (in dollars per share)	$ 11.95	$ 7.97	$ 11.58
Weighted average outstanding shares:
Basic (in shares)	114.8	115.9	116
Diluted (in shares)	115.6	116.7	117.1
Products and solutions
Sales
Total sales	$ 8,224.9	$ 6,993.4	$ 6,285.2
Cost of sales
Cost of sales	(4,808.7)	(4,173.4)	(3,638.7)
Services
Sales
Total sales	833.1	767	712.2
Cost of sales
Cost of sales	$ (532.3)	$ (485)	$ (461)

Consolidated Statement of Compr

Consolidated Statement of Comprehensive Income - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Statement of Comprehensive Income [Abstract]
Net income	$ 1,278	$ 919.1	$ 1,344.3
Other comprehensive income (loss)
Pension and other postretirement benefit plan adjustments (net of tax expense of ($15.4), ($76.0), and ($181.0))	41.5	246.5	576.4
Currency translation adjustments	99.4	(185.4)	31.4
Net change in cash flow hedges (net of tax benefit (expense) of $5.3, $(14.3), and $3.1)	(13.4)	38.2	(11.4)
Other comprehensive income	127.5	99.3	596.4
Comprehensive income	1,405.5	1,018.4	1,940.7
Comprehensive loss attributable to noncontrolling interests	(109.3)	(13.4)	(14.5)
Comprehensive income attributable to Rockwell Automation, Inc.	$ 1,514.8	$ 1,031.8	$ 1,955.2

Consolidated Statement of Com_2

Consolidated Statement of Comprehensive Income (Parenthetical) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Other comprehensive income (loss)
Pension and other postretirement (benefit) expense tax	$ (15.4)	$ (76)	$ (181)
Net change in cash flow hedges, tax benefit (expense)	$ 5.3	$ (14.3)	$ 3.1

Consolidated Statement of Cash

Consolidated Statement of Cash Flows - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Operating activities:
Net income	$ 1,278	$ 919.1	$ 1,344.3
Adjustments to arrive at cash provided by operating activities
Depreciation	133.8	126.6	123.9
Amortization of intangible assets	116.6	112.3	65.9
Change in fair value of investments	(279.3)	136.9	(397.4)
Share-based compensation expense	88.3	68.1	51.7
Retirement benefit expense	125.3	76.4	155.1
Pension contributions	(25.9)	(53.6)	(35.8)
Deferred income taxes	(100.1)	(33.6)	(184.1)
Net loss on disposition of property	0.5	0.6	0.5
Settlement of interest rate derivatives	0	0	(28)
Goodwill impairment	157.5	0	0
Changes in assets and liabilities, excluding effects of acquisitions and foreign currency adjustments
Receivables	(368.7)	(415.6)	(138.1)
Inventories	(295.9)	(292.8)	(202.8)
Accounts payable	70.2	172	184.8
Contract liabilities	106.8	102	104.4
Compensation and benefits	209.1	(78.2)	174.6
Income taxes	104.1	(129.3)	57.2
Other assets and liabilities	54.3	112.2	(15.2)
Cash provided by operating activities	1,374.6	823.1	1,261
Investing activities:
Capital expenditures	(160.5)	(141.1)	(120.3)
Acquisition of businesses, net of cash acquired	(168.4)	(16.6)	(2,488.5)
Purchases of investments	(27.1)	(59.8)	(13.6)
Proceeds from sale of investments	1,210.4	210.2	0
Other investing activities	(0.1)	(0.5)	(4.2)
Cash provided by (used for) investing activities	854.3	(7.8)	(2,626.6)
Financing activities:
Net (repayment) issuance of short-term debt	(256.9)	40.8	275.9
Issuance of short-term debt, net of issuance costs	0	18.8	211.4
Issuance of long-term debt, net of discount and issuance costs	0	0	1,485.6
Repayment of short-term debt	(18.8)	(210)	(2.5)
Repayment of long-term debt	(599.8)	0	0
Cash dividends	(542.4)	(519.4)	(497.1)
Purchases of treasury stock	(311.5)	(301.3)	(299.7)
Proceeds from the exercise of stock options	88.5	57.9	154.6
Other financing activities	(34.7)	(21)	(30.4)
Cash (used for) provided by financing activities	(1,675.6)	(934.2)	1,297.8
Effect of exchange rate changes on cash	19.2	(52.6)	16.8
Increase (decrease) in cash, cash equivalents, and restricted cash	572.5	(171.5)	(51)
Cash, cash equivalents, and restricted cash at beginning of year	507.9	679.4	730.4
Cash, cash equivalents, and restricted cash at end of year	1,080.4	507.9	679.4
Components of cash, cash equivalents, and restricted cash
Cash and cash equivalents	1,071.8	490.7	662.2
Restricted cash, current (Other current assets)	8.6	8.6	0
Restricted cash, noncurrent (Other assets)	0	8.6	17.2
Total cash, cash equivalents, and restricted cash	$ 1,080.4	$ 507.9	$ 679.4

Consolidated Statement of Share

Consolidated Statement of Shareowners' Equity - USD ($) $ in Millions		Total	Total attributable to Rockwell Automation, Inc.	Common Stock [Member]	Additional paid-in capital	Retained earnings	Accumulated other comprehensive loss	Common stock in treasury, at cost	Noncontrolling interests
Beginning of period at Sep. 30, 2020		$ 1,346.8	$ 1,027.8	$ 181.4	$ 1,830.7	$ 7,139.8	$ (1,614.2)	$ (6,509.9)	$ 319
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		1,344.3	1,358.1			1,358.1			(13.8)
Other comprehensive income (loss)		596.4	597.1				597.1		(0.7)
Common stock issued (including share-based compensation impact)		206.2	206.2		103.5			102.7
Share repurchases		(301.5)	(301.5)					(301.5)
Cash dividends declared	[1]	(497.5)	(497.5)			(497.5)
Change in noncontrolling interest		(0.6)	(0.6)		(0.6)				0
End of period at Sep. 30, 2021		2,694.1	2,389.6	181.4	1,933.6	8,000.4	(1,017.1)	(6,708.7)	304.5
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		919.1	932.2			932.2			(13.1)
Other comprehensive income (loss)		99.3	99.6				99.6		(0.3)
Common stock issued (including share-based compensation impact)		126.1	126.1		73.5			52.6
Share repurchases		(301.1)	(301.1)					(301.1)
Cash dividends declared	[1]	(520.8)	(520.8)			(520.8)
End of period at Sep. 30, 2022		3,016.7	2,725.6	181.4	2,007.1	8,411.8	(917.5)	(6,957.2)	291.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Net income		1,278	1,387.4			1,387.4			(109.4)
Other comprehensive income (loss)		127.5	127.4				127.4		0.1
Common stock issued (including share-based compensation impact)		177.2	177.2		95.4			81.8
Share repurchases		(312)	(312)					(312)
Cash dividends declared	[1]	(544)	(544)			(544)
End of period at Sep. 30, 2023		$ 3,743.4	$ 3,561.6	$ 181.4	$ 2,102.5	$ 9,255.2	$ (790.1)	$ (7,187.4)	$ 181.8

[1]Cash dividends were $4.72 per share in 2023; $4.48 per share in 2022; and $4.28 per share in 2021.

Consolidated Statement of Sha_2

Consolidated Statement of Shareowners' Equity (Parenthetical) - $ / shares	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Statement of Stockholders' Equity [Abstract]
Cash dividends per share (in dollars per share)	$ 4.72	$ 4.48	$ 4.28

Basis of Presentation and Accou

Basis of Presentation and Accounting Policies	12 Months Ended
Basis of Presentation and Accounting Policies	Sep. 30, 2023
Accounting Policies [Abstract]
Basis of Presentation and Accounting Policies	Basis of Presentation and Accounting Policies Rockwell Automation, Inc. (Rockwell Automation or the Company) is the world’s largest company dedicated to industrial automation and digital transformation. We understand and simplify our customers’ complex production challenges and deliver the most valued solutions that combine technology and industry expertise. Basis of Presentation Our consolidated financial statements are prepared in accordance with accounting principles generally accepted in the United States of America (U.S. GAAP). Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned and controlled majority-owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Investments in affiliates over which we do not have control but exercise significant influence are accounted for using the equity method of accounting. These affiliated companies are not material individually or in the aggregate to our financial position, results of operations, or cash flows. Use of Estimates The preparation of consolidated financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and revenues and expenses during the periods reported. Actual results could differ from those estimates. We use estimates in accounting for, among other items, customer returns, rebates, and incentives; allowance for doubtful accounts; excess and obsolete inventory; share-based compensation; acquisitions, including consolidation and intangible assets; goodwill impairment; product warranty obligations; capitalization of internal-use software; retirement benefits; litigation, claims, and contingencies, including environmental and asbestos matters, conditional asset retirement obligations, and contractual indemnifications; leases; and income taxes. We account for changes to estimates and assumptions prospectively when warranted by factually-based experience. Revenue Recognition See Note 2 for our revenue recognition policy under Accounting Standards Codification (ASC) 606. Returns, Rebates, and Incentives Our primary incentive program provides distributors with cash rebates or account credits based on agreed amounts that vary depending on the customer to whom our distributor ultimately sells the product. We also offer various other incentive programs that provide distributors and direct sale customers with cash rebates, account credits, or additional hardware and software products, solutions, and services based on meeting specified program criteria. Certain distributors are offered a right to return product, subject to contractual limitations. We record accruals for customer returns, rebates, and incentives at the time of revenue recognition based primarily on historical experience. Returns are presented on the Consolidated Balance Sheet as a right of return asset and refund liability. Incentives in the form of rebates are estimated at the individual customer level and are recorded as a reduction of sales. Customer incentives for additional hardware and software products, solutions, and services to be provided are considered distinct performance obligations. As such, we allocate revenue to them based on relative standalone selling price. Until the incentive is redeemed, the revenue is recorded as a contract liability. Taxes on Revenue Producing Transactions Taxes assessed by governmental authorities on revenue producing transactions, including sales, value added, excise, and use taxes, are recorded on a net basis (excluded from revenue). Cash and Cash Equivalents Cash, cash equivalents, and restricted cash include time deposits, certificates of deposit, and other fixed income securities with original maturities of three months or less at the time of purchase. Receivables We record an allowance for doubtful accounts based on customer-specific analysis and general matters such as current assessments of past due balances and economic conditions. Receivables are recorded net of an allowance for doubtful accounts of $16.8 million at September 30, 2023, and $13.1 million at September 30, 2022. The changes to our allowance for doubtful accounts during the years ended September 30, 2023 and 2022, were not material and primarily consisted of current-period provisions, write-offs charged against the allowance, recoveries collected, and foreign currency translation. Inventories Inventories are recorded at the lower of cost or market using the first-in, first-out (FIFO) or average cost methods. Market is determined on the basis of estimated realizable values. Investments Investments include time deposits, certificates of deposit, other fixed income securities, and equity securities. Investments with original maturities longer than three months at the time of purchase and less than one year from period end are classified as short-term. All other investments are classified as long-term. Fixed income securities meeting the definition of a security are accounted for as available-for-sale and recorded at fair value. Equity securities with a readily determinable fair value are recorded at fair value. Equity securities that do not have a readily determinable fair value, which we account for using the measurement alternative under U.S. GAAP, are recorded at the investment cost, less impairment, plus or minus observable price changes (in orderly transactions) of an identical or similar investment of the same issuer. All other investments are recorded at cost, which approximates fair value. Property Property, including internal-use software and software to provide a service (e.g. SaaS arrangements), is recorded at cost. Equipment under finance leases are stated at the present value of minimum lease payments. We calculate depreciation of property using the straight-line method over 3 to 40 years for buildings and improvements, 3 to 20 years for machinery and equipment, and 3 to 10 years for computer hardware and internal-use software. We capitalize significant renewals and enhancements and write off replaced units. Implementation costs incurred in a cloud computing arrangement that is a service contract are recorded in Other current assets and Other assets on the Consolidated Balance Sheet and are amortized over the expected service period. We expense maintenance and repairs, as well as renewals of minor amounts. Property acquired during the year that is accrued within Accounts payable or Other current liabilities at year end is considered to be a non-cash investing activity and is excluded from cash used for capital expenditures in the Consolidated Statement of Cash Flows. Capital expenditures of $42.7 million, $23.0 million, and $31.5 million were accrued within Accounts payable and Other current liabilities at September 30, 2023, 2022, and 2021, respectively. Goodwill and Other Intangible Assets Goodwill and Other intangible assets generally result from business acquisitions. We account for business acquisitions by allocating the purchase price to tangible and intangible assets acquired and liabilities assumed at their fair values; the excess of the purchase price over the allocated amount is recorded as goodwill. We perform our annual evaluation of goodwill and indefinite life intangible assets for impairment as required under U.S. GAAP during the second quarter of each year, or more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. Any excess in carrying value over the estimated fair value is charged to results of operations. For our annual evaluation of goodwill, we may perform a qualitative test to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount in order to determine whether it is necessary to perform a quantitative goodwill impairment test. Our reporting units for goodwill evaluation consist of the Intelligent Devices segment, the Software & Control segment, the Lifecycle Services segment (excluding Sensia), and Sensia. When performing the quantitative goodwill impairment test, we determine the fair value of each reporting unit under a combination of an income approach derived from discounted cash flows and a market multiples approach using selected comparable public companies. Significant assumptions used in the income approach include: management’s forecasted cash flows, including estimated future revenue growth rates and margins, discount rate, and terminal value. Forecasts of future revenue growth and margins are based on management’s best estimates. Actual results and forecasts of revenue growth and margins for our Sensia reporting unit may be impacted by its concentration within the Oil & Gas industry and with its customer base. Demand for Sensia hardware and software products, solutions, and services is sensitive to industry volatility and risks, including those related to commodity prices, supply and demand dynamics, production costs, geological activity, and political activities. The discount rate is determined using a weighted average cost of capital adjusted for risk factors specific to the reporting unit, including risks associated with our above market revenue growth assumptions, historical performance, and industry-specific and economic factors. The terminal value is estimated following the common methodology of calculating the present value of estimated perpetual cash flow beyond the last projected period assuming constant discount and long-term growth rates. Significant assumptions used in the market multiples approach include selection of the comparable public companies and calculation of the appropriate market multiples. We amortize all intangible assets with finite useful lives on a straight-line basis over their estimated useful lives. Useful lives assigned range from 3 to 15 years for trademarks, 8 to 20 years for customer relationships, 4 to 17 years for technology, and 3 to 30 years for other intangible assets. Intangible assets also include costs of on-premise software developed or purchased by our software business to be sold, leased, or otherwise marketed. Amortization of these computer software products is calculated on a product-by-product basis as the greater of (a) the unamortized cost at the beginning of the year times the ratio of the current year gross revenue for a product to the total of the current and anticipated future gross revenue for that product or (b) the straight-line amortization over the remaining estimated economic life of the product. Impairment of Long-Lived Assets We evaluate the recoverability of the recorded amount of long-lived assets, including property, operating lease right-of-use assets, capitalized implementation costs of a cloud computing arrangement, and other intangible assets, whenever events or changes in circumstances indicate that the recorded amount of an asset may not be fully recoverable. Impairment is assessed when the undiscounted expected future cash flows derived from an asset are less than its carrying amount. If we determine that an asset is impaired, we measure the impairment to be recognized as the amount by which the recorded amount of the asset exceeds its fair value. We report assets to be disposed of at the lower of the recorded amount or fair value less cost to sell. We determine fair value using a discounted future cash flow analysis. Derivative Financial Instruments We use derivative financial instruments in the form of foreign currency forward exchange contracts to manage certain foreign currency risks. We enter into these contracts to hedge our exposure to foreign currency exchange rate variability in the expected future cash flows associated with certain third-party and intercompany transactions denominated in foreign currencies forecasted to occur within the next two years. We also use these contracts to hedge portions of our net investments in certain non-U.S. subsidiaries against the effect of exchange rate fluctuations on the translation of foreign currency balances to the U.S. dollar. Additionally, we use derivative financial instruments in the form of interest rate swap contracts to manage our borrowing costs of certain long-term debt and use treasury locks to manage the potential change in interest rates in anticipation of issuance of fixed rate debt. We designate and account for these derivative financial instruments as hedges under U.S. GAAP. Furthermore, we use foreign currency forward exchange contracts that are not designated as hedges to offset transaction gains or losses associated with some of our assets and liabilities resulting from intercompany loans or other transactions with third parties that are denominated in currencies other than our entities’ functional currencies. It is our policy to execute such instruments with global financial institutions that we believe to be creditworthy and not to enter into derivative financial instruments for speculative purposes. Foreign currency forward exchange contracts are usually denominated in currencies of major industrial countries. Fair Value of Financial Instruments We record various financial instruments at fair value. U.S. GAAP defines fair value as the price that would be received for an asset or paid to transfer a liability (exit price) in an orderly transaction between market participants in the principal or most advantageous market for the asset or liability. U.S. GAAP also classifies the inputs used to measure fair value into the following hierarchy: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability. Level 3: Unobservable inputs for the asset or liability. We hold financial instruments consisting of cash and short-term debt. The fair values of our cash and short-term debt approximate their carrying amounts as reported in our Consolidated Balance Sheet due to the short-term nature of these instruments. We also hold financial instruments consisting of long-term debt, investments, and derivatives. The valuation methodologies for these financial instruments are described in Notes 7, 10, 11, and 14. We also determine fair value assessments in conjunction with intangible valuations of acquisitions and our annual impairment testing of goodwill and indefinite lived intangible assets. The valuation methodologies for these assets are described in Notes 3 and 4. The methods described in these Notes may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while we believe our valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. Foreign Currency Translation We translate assets and liabilities of subsidiaries operating outside of the United States with a functional currency other than the U.S. dollar into U.S. dollars using exchange rates at the end of the respective period. We translate sales, costs, and expenses at average exchange rates effective during the respective period. We report foreign currency translation adjustments as a component of Other comprehensive income (loss). Currency transaction gains and losses are included in results of operations in the period incurred. Research and Development Expenses We expense research and development (R&D) costs as incurred; these costs were $529.5 million in 2023, $440.9 million in 2022, and $422.5 million in 2021. We include R&D expenses in Cost of sales in the Consolidated Statement of Operations. Income Taxes We account for uncertain tax positions by determining whether it is more likely than not that a tax position will be sustained upon examination based on the technical merits of the position. For tax positions that meet the more likely than not recognition threshold, we determine the amount of benefit to recognize in the Consolidated Financial Statements based on our assertion of the most likely outcome resulting from an examination, including the resolution of any related appeals or litigation processes. Earnings Per Share We present basic and diluted earnings per share (EPS) amounts. Basic EPS is calculated by dividing earnings available to common shareowners, which is income excluding the allocation to participating securities, by the weighted average number of common shares outstanding during the year, excluding restricted stock. Diluted EPS amounts are based upon the weighted average number of common and common-equivalent shares outstanding during the year. We use the treasury stock method to calculate the effect of outstanding share-based compensation awards, which requires us to compute total employee proceeds as the sum of the amount the employee must pay upon exercise of the award and the amount of unearned share-based compensation costs attributed to future services. Share-based compensation awards for which the total employee proceeds of the award exceed the average market price of the same award over the period have an antidilutive effect on EPS, and accordingly, we exclude them from the calculation. Antidilutive share-based compensation awards for the years ended September 30, 2023 (0.4 million shares), 2022 (0.4 million shares), and 2021 (0.2 million shares), were excluded from the diluted EPS calculation. U.S. GAAP requires unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, to be treated as participating securities and included in the computation of EPS pursuant to the two-class method. Our participating securities are composed of restricted stock and non-employee director restricted stock units. The following table reconciles basic and diluted EPS amounts (in millions, except per share amounts): 2023 2022 2021 Net income attributable to Rockwell Automation, Inc. $ 1,387.4 $ 932.2 $ 1,358.1 Less: Allocation to participating securities (5.9) (2.9) (2.1) Net income available to common shareowners $ 1,381.5 $ 929.3 $ 1,356.0 Basic weighted average outstanding shares 114.8 115.9 116.0 Effect of dilutive securities Stock options 0.7 0.7 1.0 Performance shares 0.1 0.1 0.1 Diluted weighted average outstanding shares 115.6 116.7 117.1 Earnings per share: Basic $ 12.03 $ 8.02 $ 11.69 Diluted $ 11.95 $ 7.97 $ 11.58 Share-Based Compensation We recognize share-based compensation expense for equity awards on a straight-line basis over the service period of the award based on the fair value of the award as of the grant date. Product and Workers’ Compensation Liabilities We record accruals for product and workers’ compensation claims in the period in which they are probable and reasonably estimable. Our principal self-insurance programs include product liability and workers’ compensation where we self-insure up to a specified dollar amount. Claims exceeding this amount up to specified limits are covered by insurance policies purchased from commercial insurers. We estimate the liability for the majority of the self-insured claims using our claims experience for the periods being valued. Environmental and Asbestos Matters We record liabilities for environmental and asbestos matters in the period in which our responsibility is probable and the costs can be reasonably estimated. We make changes to the liabilities in the periods in which the estimated costs of remediation change. At third-party environmental sites where more than one potentially responsible party has been identified, we record a liability for our estimated allocable share of costs related to our involvement with the site, as well as an estimated allocable share of costs related to the involvement of insolvent or unidentified parties. If we determine that recovery from insurers or other third parties is probable and a right of set off exists, we record the liability net of the estimated recovery. If we determine that recovery from insurers or other third parties is probable but a right of set off does not exist, we record a liability for the total estimated costs of remediation and a receivable for the estimated recovery. At environmental sites where we are the sole responsible party, we record a liability for the total estimated costs of remediation. Ongoing operating and maintenance expenditures included in our environmental remediation obligations are discounted to present value over the probable future remediation period. Our remaining environmental remediation obligations are undiscounted due to subjectivity of timing and/or amount of future cash payments. Conditional Asset Retirement Obligations We record liabilities for costs related to legal obligations associated with the retirement of a tangible long-lived asset that results from the acquisition, construction, development, or the normal operation of the long-lived asset. The obligation to perform the asset retirement activity is not conditional even though the timing or method may be conditional. Leases We have operating leases primarily for real estate, vehicles, and equipment. We have finance leases primarily for equipment. We determine if a contract is, or contains, a lease at contract inception. A right-of-use (ROU) asset and a corresponding lease liability are recognized at commencement for contracts that are, or contain, a lease with an original term greater than 12 months. ROU assets represent our right to use an underlying asset during the lease term, including periods for which renewal options are reasonably certain to be exercised, and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease expense is recognized on a straight-line basis over the lease term for leases with an original term of 12 months or less. Amortization expense of the ROU asset for operating and finance leases is recognized on a straight-line basis over the lease term and interest expense for finance leases is recognized based on the incremental borrowing rate. Some leasing arrangements require variable payments that are dependent on usage or may vary for other reasons, such as payments for insurance and tax payments. A portion of our real estate leases is generally subject to annual changes based upon an index. The changes based upon the index are treated as variable lease payments. The variable portion of lease payments is not included in our ROU assets or lease liabilities and is expensed when incurred. We elected to not separate lease and nonlease components of contracts for most underlying asset classes. Accordingly, all expenses associated with a lease contract are accounted for as lease expenses. Lease liabilities are recognized at the contract commencement date based on the present value of remaining lease payments over the lease term. To calculate the lease liabilities we use our incremental borrowing rate. We determine our incremental borrowing rate at the commencement date using our unsecured borrowing rate, adjusted for collateralization and lease term. For leases denominated in a currency other than the U.S. dollar, the collateralized borrowing rate in the foreign currency is determined using the U.S. dollar and foreign currency swap spread. Long-term operating lease liabilities are presented as Operating lease liabilities and current operating lease liabilities are included in Other current liabilities Long-term debt ROU assets are recognized at the contract commencement date at the value of the related lease liability, adjusted for any prepayments, lease incentives received, and initial direct costs incurred. Operating lease ROU assets are presented as Operating lease right-of-use assets and finance lease ROU assets are presented as Property in the Consolidated Balance Sheet. Lease expenses, including amortization of ROU assets, for operating and finance leases are recognized on a straight-line basis over the lease term and recorded in Cost of sales and Selling, general and administrative expenses in the Consolidated Statement of Operations. Interest expense for finance leases is recorded in Interest expense in the Consolidated Statement of Operations. Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (FASB) issued a new standard that requires companies to utilize a current expected credit losses impairment (CECL) model for certain financial assets, including trade and other receivables. The CECL model requires that estimated expected credit losses, including allowance for doubtful accounts, consider a broader range of information such as economic conditions and expected changes in market conditions. We adopted the new standard as of October 1, 2020. The adoption of this standard did not have a material impact on our Consolidated Financial Statements. In October 2021, the FASB issued a new standard that requires companies to apply Accounting Standards Codification (ASC) 606 to recognize and measure contract assets and contract liabilities in a business combination. We retroactively adopted the new standard as of October 1, 2021. The adoption of this standard did not have a material impact on our Consolidated Financial Statements. Recently Issued Accounting Pronouncements In September 2022, the FASB issued a new standard, which requires the buyer in a supplier finance program to disclose information about the key terms of the program, outstanding confirmed amounts as of the end of the period, a rollforward of such amounts during each annual period, and a description of where in the financial statements outstanding amounts are presented. We will expand our disclosures when we adopt this standard in the first quarter of 2024. We do not expect any other recently issued accounting pronouncements to have a material impact on our Consolidated Financial Statements and related disclosures.

Revenue Recognition (Notes)

Revenue Recognition (Notes)	12 Months Ended
Revenue Recognition (Notes)	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Revenue Recognition	Revenue Recognition Nature of Products and Services Substantially all of our revenue is from contracts with customers. We recognize revenue as promised products are transferred to, or services are performed for, customers in an amount that reflects the consideration to which we expect to be entitled in exchange for those products and services. Our offerings consist of industrial automation and information products, solutions, and services. Our products include hardware, software, and configured-to-order products. Our solutions include custom-engineered systems and software. Our services include customer technical support and repair, asset management and optimization consulting, and training. Also included in our services is a portion of revenue related to spare parts that are managed within our services offering. Our operations are comprised of the Intelligent Devices segment, the Software & Control segment, and the Lifecycle Services segment. Revenue from the Intelligent Devices and Software & Control segments is predominantly comprised of product sales, which are recognized at a point in time. The Software & Control segment also contains revenue from software products, which may be recognized over time if certain criteria are met. Revenue from the Lifecycle Services segment is predominantly comprised of solutions and services, which are primarily recognized over time. See Note 19 for more information. In most countries, we sell primarily through independent distributors in conjunction with our direct sales force. We sell large systems and service offerings principally through our direct sales force, though opportunities are sometimes identified through distributors. Performance Obligations We use executed sales agreements and purchase orders to determine the existence of a customer contract. For each customer contract, we determine if the products and services promised to the customer are distinct performance obligations. A product or service is distinct if both of the following criteria are met at contract inception: (i) the customer can benefit from the product or service on its own or together with other readily available resources, and (ii) our promise to transfer the product or perform the service is separately identifiable from other promises in the contract. The fact that we regularly sell a product or service separately is an indicator that the customer can benefit from a product or service on its own or with other readily available resources. The objective when assessing whether our promises to transfer products or perform services are distinct within the context of the contract is to determine whether the nature of the promise is to transfer each of those products or perform those services individually, or whether the promise is to transfer a combined item or items to which the promised products or services are inputs. If a promised product or service is not distinct, we combine that product or service with other promised products or services until it comprises a bundle of products or services that is distinct, which may result in accounting for all the products or services in a contract as a single performance obligation. For each performance obligation in a contract, we determine whether the performance obligation is satisfied over time. A performance obligation is satisfied over time if it meets any of the following criteria: (i) the customer simultaneously receives and consumes the benefits provided by our performance as we perform, or (ii) our performance creates or enhances an asset that the customer controls as the asset is created or enhanced, or (iii) our performance does not create an asset for which we have an alternative use and we have an enforceable right to payment for performance completed to date. If one or more of these criteria are met, then we recognize revenue over time using a method that depicts performance. If none of the criteria are met, then control transfers to the customer at a point in time and we recognize revenue at that point in time. Our products represent standard, catalog products for which we have an alternative use, and therefore we recognize revenue at a point in time when control of the product transfers to the customer. For the majority of our products, control transfers upon shipment, though for some contracts control may transfer upon delivery. Product-type contracts are generally one year or less in length. Revenue in our Software & Control segment also includes revenue from perpetual and subscription software licenses under on-premise and SaaS arrangements. When on-premise software licenses are determined to be distinct performance obligations, we recognize the related revenue at a point in time when the customer is provided the right to use the license, while revenue allocated to upgrades and support are recognized over the term of the contract. To the extent that the on-premise license is not considered distinct, revenue is recognized over time over the period the related services are performed. Revenue from SaaS arrangements, which allow customers to use hosted software over the contract period without taking possession of the software, are recognized over time during the period the customer is provided the right to use the software. We offer a wide variety of solutions and services to our customers, for which we recognize revenue over time or at a point in time based on the contract as well as the type of solution or service. If one or more of the three criteria above for over-time revenue recognition are met, we recognize revenue over time as cost is incurred, as work is performed, or based on time elapsed, depending on the type of customer contract. If none of these criteria are met, we recognize revenue at a point in time when control of the asset being created or enhanced transfers to the customer, typically upon delivery. More than half of our solutions and services revenue is from contracts that are one year or less in length. For certain solutions and services offerings, when we have the right to invoice our customers in an amount that corresponds to our performance completed to date, we apply the practical expedient to measure progress and recognize revenue based on the amount for which we have the right to invoice the customer. When assessing whether we have an alternative use for an asset, we consider both contractual and practical limitations. These include: (i) the level and cost of customization of the asset that is required to meet a customer’s needs, (ii) the activities, cost, and profit margin after any rework that would be required before the asset could be directed for another use, and (iii) the portion of the asset that could not be reworked for an alternative use. At times we provide products and services free of charge to our customers as incentives when the customers purchase other products or services. These represent distinct performance obligations. As such, we allocate revenue to them based on relative standalone selling price. Most of our global warranties are assurance in nature and do not represent distinct performance obligations. See Note 9 for additional information and disclosures. We occasionally offer extended warranties to our customers that are considered a distinct performance obligation, to which we allocate revenue, which is recognized over the extended warranty period. We account for shipping and handling activities performed after control of a product has been transferred to the customer as a fulfillment cost. As such, we have applied the practical expedient and we accrue for the costs of shipping and handling activities if revenue is recognized before contractually agreed shipping and handling activities occur. Unfulfilled Performance Obligations As of September 30, 2023, we expect to recognize approximately $1,100 million of revenue in future periods from unfulfilled performance obligations from existing contracts with customers. We expect to recognize revenue of approximately $687 million from our remaining performance obligations over the next 12 months with the remaining balance recognized thereafter. We have applied the practical expedient to exclude the value of remaining performance obligations for (i) contracts with an original term of one year or less and (ii) contracts for which we recognize revenue in proportion to the amount we have the right to invoice for services performed. The amounts above also do not include the impact of contract renewal options that are unexercised as of September 30, 2023. Transaction Price The transaction price is the amount of consideration to which we expect to be entitled in exchange for transferring products to, or performing services for, a customer. We estimate the transaction price at contract inception, and update the estimate each reporting period for any changes in circumstances. In some cases a contract may involve variable consideration, including rebates, credits, allowances for returns, or other similar items that generally decrease the transaction price. We use historical experience to estimate variable consideration, including any constraint. The transaction price (including any discounts and variable consideration) is allocated between separate products and services based on their relative standalone selling prices. The standalone selling prices are determined based on the prices at which we separately sell each good or service. For items that are not sold separately, we estimate the standalone selling price using available information such as market reference points and other observable data. We have elected the practical expedient to exclude sales taxes and other similar taxes from the measurement of the transaction price. Significant Payment Terms Our standard payment terms vary globally but do not result in a significant delay between the timing of invoice and payment. We occasionally negotiate other payment terms during the contracting process. We do not typically include significant financing components in our contracts with customers. We have elected the practical expedient to not adjust the transaction price for the period between transfer of products or performance of services and customer payment if expected to be one year or less. For most of our products, we invoice at the time of shipment and we do not typically have significant contract balances. For our solutions and services as well as some of our products, timing may differ between revenue recognition and billing. Depending on the terms agreed to with the customer, we may invoice in advance of performance or we may invoice after performance. When revenue recognition exceeds billing we recognize a receivable, and when billing exceeds revenue recognition we recognize a contract liability. Disaggregation of Revenue The following table presents our revenue disaggregation by geographic region for our three operating segments (in millions). We attribute sales to the geographic regions based on the country of destination. Year Ended September 30, 2023 Year Ended September 30, 2022 Intelligent Devices Software & Control Lifecycle Services Total Intelligent Devices Software & Control Lifecycle Services Total North America $ 2,409.2 $ 1,794.8 $ 1,020.0 $ 5,224.0 $ 2,223.7 $ 1,542.2 $ 956.1 $ 4,722.0 Europe, Middle East and Africa 829.1 528.0 513.5 1,870.6 629.3 350.4 457.9 1,437.6 Asia Pacific 568.6 393.7 395.7 1,358.0 443.5 291.8 352.7 1,088.0 Latin America 291.3 169.5 144.6 605.4 248.1 128.5 136.2 512.8 Total Company Sales $ 4,098.2 $ 2,886.0 $ 2,073.8 $ 9,058.0 $ 3,544.6 $ 2,312.9 $ 1,902.9 $ 7,760.4 Contract Liabilities Contract liabilities primarily relate to consideration received in advance of performance under the contract. Below is a summary of our Contract liabilities balance, the portion not expected to be recognized within twelve months is included within Other liabilities in the Consolidated Balance Sheet (in millions): September 30, 2023 September 30, 2022 Balance as of beginning of year $ 541.3 $ 462.5 Balance as of end of period 653.6 541.3 The most significant changes in our Contract liabilities balance during both the twelve months ended September 30, 2023 and 2022, were due to amounts billed, partially offset by revenue recognized on amounts billed during the period and revenue recognized that was included in the Contract liabilities balance at the beginning of the period. In the twelve months ended September 30, 2023, we recognized revenue of approximately $423.9 million that was included in the Contract liabilities balance at September 30, 2022. In the twelve months ended September 30, 2022, we recognized revenue of approximately $373.1 million that was included in the Contract liabilities balance at September 30, 2021. We did not have a material amount of revenue recognized in the twelve months ended September 30, 2023 and 2022, from performance obligations satisfied or partially satisfied in previous periods. Costs to Obtain and Fulfill a Contract We capitalize and amortize certain incremental costs to obtain and fulfill contracts. These costs primarily consist of incentives paid to sales personnel, which are considered incremental costs to obtain customer contracts. We elected the practical expedient to expense incremental costs to obtain a contract when the contract has a duration of one year or less for most classes of contracts. Our capitalized contract costs, which are included in Other assets in our Consolidated Balance Sheet, are not significant as of September 30, 2023 and 2022. There was no impairment loss in relation to capitalized costs in the period.

Goodwill and Other Intangible A

Goodwill and Other Intangible Assets	12 Months Ended
Goodwill and Other Intangible Assets	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Changes in the carrying amount of Goodwill were (in millions): Intelligent Devices Software & Control Lifecycle Services Total Balance as of October 1, 2021 $ 543.1 $ 2,447.5 $ 635.3 $ 3,625.9 Acquisition of businesses — — 12.1 12.1 Translation and other (40.1) (48.8) (25.1) (114.0) Balance as of September 30, 2022 $ 503.0 $ 2,398.7 $ 622.3 $ 3,524.0 Acquisition of businesses 74.4 — 36.9 111.3 Impairment — — (157.5) (157.5) Translation and other 18.4 21.4 11.6 51.4 Balance as of September 30, 2023 $ 595.8 $ 2,420.1 $ 513.3 $ 3,529.2 Gross carrying value of Goodwill 595.8 2,420.1 670.8 3,686.7 Accumulated impairment losses — — (157.5) (157.5) Goodwill $ 595.8 $ 2,420.1 $ 513.3 $ 3,529.2 We performed our annual evaluation of goodwill and indefinite life intangible assets for impairment during the second quarter of fiscal 2023 and concluded that these assets were not impaired. For our annual evaluation, we performed qualitative tests for our Intelligent Devices, Software & Control, and Lifecycle Services (excluding Sensia) reporting units and a quantitative test for our Sensia reporting unit. Refer to Note 1 for additional information on our goodwill impairment evaluations. Interim Impairment Assessment Since formation in October 2019, our Sensia joint venture operations have been challenged by the global pandemic, geopolitical activities, volatility in commodity prices and supply chain dynamics. The cumulative historical growth and profitability below plan have resulted in a declining cushion between carrying value and fair value in previous impairment tests. The joint venture partners appointed a new management team in 2023 and have updated the strategy of Sensia, which included downward revisions to growth and profitability projections for 2024 and future years. Lower sales growth reflects historical performance and an updated outlook of market conditions. Lower profitability reflects an updated view of mix and volume. Based upon the update of Sensia’s strategy and projections in the fourth quarter, we determined that it was more likely than not that the fair value of Sensia was below its carrying value. As a result of this triggering event, we performed an interim quantitative analysis, using a combination of an income approach derived from discounted cash flows and a market multiples approach using selected comparable public companies, consistent with our annual impairment testing. As of the fourth quarter testing date, the carrying value of our Sensia reporting unit of $665.1 million was determined to be in excess of the reporting unit’s fair value, resulting in a $157.5 million goodwill impairment charge recorded in the Consolidated Statement of Operations. Subsequent to the impairment, $160.3 million of goodwill remains within the Sensia reporting unit. Other intangible assets consist of (in millions): September 30, 2023 Carrying Accumulated Net Amortized intangible assets Software products $ 100.4 $ 65.1 $ 35.3 Customer relationships 606.1 141.3 464.8 Technology 424.1 173.1 251.0 Trademarks 86.3 29.3 57.0 Other 6.0 5.4 0.6 Total amortized intangible assets 1,222.9 414.2 808.7 Allen-Bradley ® trademark not subject to amortization 43.7 — 43.7 Other intangible assets $ 1,266.6 $ 414.2 $ 852.4 September 30, 2022 Carrying Accumulated Net Amortized intangible assets Software products $ 97.6 $ 57.9 $ 39.7 Customer relationships 582.7 107.2 475.5 Technology 410.8 119.3 291.5 Trademarks 70.4 19.4 51.0 Other 6.4 5.8 0.6 Total amortized intangible assets 1,167.9 309.6 858.3 Allen-Bradley ® trademark not subject to amortization 43.7 — 43.7 Other intangible assets $ 1,211.6 $ 309.6 $ 902.0 Software products represent costs of computer software to be sold, leased, or otherwise marketed. Software products amortization expense was $11.3 million in 2023, $9.4 million in 2022, and $11.9 million in 2021. Estimated total amortization expense for all amortized intangible assets is $116.2 million in 2024, $112.2 million in 2025, $110.9 million in 2026, $102.8 million in 2027, and $90.0 million in 2028.

Acquisitions

Acquisitions	12 Months Ended
Acquisitions	Sep. 30, 2023
Business Combinations [Abstract]
Acquisitions	Acquisitions Fiscal 2023 Acquisitions In October 2022, we acquired CUBIC, a company that specializes in modular systems for the construction of electrical panels, headquartered in Bronderslev, Denmark. We assigned the full amount of goodwill related to this acquisition to our Intelligent Devices segment. In February 2023, we acquired Knowledge Lens, a services and solutions provider headquartered in Bengaluru, India. We assigned the full amount of goodwill related to this acquisition to our Lifecycle Services segment. We recorded assets acquired and liabilities assumed in connection with these acquisitions based on their estimated fair values as of the acquisition dates of October 31, 2022, and February 28, 2023, respectively. The preliminary aggregate purchase price allocation is as follows (in millions): Purchase Price Allocation Accounts receivable $ 23.8 Inventories 17.7 Property 27.5 Goodwill 111.3 Other intangible assets 54.1 All other assets acquired 21.0 Total assets acquired 255.4 Less: Other liabilities assumed (12.6) Less: Deferred income taxes (56.6) Net assets acquired, excluding cash $ 186.2 Purchase Consideration Total purchase consideration, net of cash acquired $ 186.2 The measurement period for the valuation of net assets acquired ends as soon as information on the facts and circumstances that existed as of the acquisition date becomes available, but not to exceed 12 months following the acquisition date. Adjustments in purchase price allocations may require a change in the amounts allocated to net assets acquired during the periods in which the adjustments are determined. Pro forma consolidated sales for the year ended September 30, 2023 and 2022, were approximately $9.1 billion and $7.9 billion, respectively, and the impact on earnings is not material. The preceding pro forma consolidated financial results of operations are as if the preceding fiscal 2023 acquisitions, the October 2023 acquisition of Clearpath (see Note 20), and the November 2023 acquisition of Verve (see Note 20) occurred on October 1, 2021. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the transaction occurred as of that time. Acquisition-related costs recorded as expenses in the year ended September 30, 2023, were not material. Total sales in 2023 from the 2023 acquisitions were $88.3 million, and the impact on earnings was not material. Total acquisition costs from the 2023 acquisitions were not material. Fiscal 2022 Acquisitions In November 2021, we acquired AVATA, a services provider for supply chain management, enterprise resource planning, and enterprise performance management solutions. We assigned the full amount of goodwill related to this acquisition to our Lifecycle Services segment. In March 2022, we, through our Sensia affiliate, acquired Swinton Technology, a provider of metering supervisory systems and measurement expertise in the Oil & Gas industry. We assigned the full amount of goodwill related to this acquisition to our Lifecycle Services segment. Pro forma consolidated sales for the year ended September 30, 2022 and 2021, were approximately $7.8 billion and $7.0 billion, respectively, and the impact on earnings is not material. The preceding pro forma consolidated financial results of operations are as if the preceding fiscal 2022 acquisitions occurred on October 1, 2020. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the transaction occurred as of that time. Acquisition-related costs recorded as expenses in the year ended September 30, 2022, were not material. Fiscal 2021 Acquisitions Plex acquisition In August 2021, we acquired Plex Systems, a cloud-native smart manufacturing platform. Plex offers a single-instance, multi-tenant Software-as-a-Service manufacturing platform operating at scale, including advanced manufacturing execution systems, quality, and supply chain management capabilities. We recorded assets acquired and liabilities assumed in connection with this acquisition based on their estimated fair values as of the acquisition date of August 31, 2021. The aggregate purchase price allocation is as follows (in millions): Purchase Price Allocation Accounts receivable $ 14.8 All other assets 28.3 Goodwill 1,730.0 Intangible assets 531.4 Total assets acquired 2,304.5 Less: Contract liabilities (29.2) Less: Other liabilities assumed (33.4) Less: Deferred income taxes (36.4) Net assets acquired $ 2,205.5 Purchase Consideration Total purchase consideration, net of cash acquired $ 2,205.5 Intangible assets identified include $276.4 million of customer relationships, $232.8 million of technology, and $22.2 million of trade names (approximately 12-year weighted average useful life). We assigned the full amount of goodwill and all other assets acquired to our Software & Control segment. The goodwill recorded represents intangible assets that do not qualify for separate recognition. This goodwill arises because the purchase price for Plex reflects a number of factors including the future earnings and cash flow potential of the business, the strategic fit and resulting synergies from the complementary portfolio of leading software-as-a-service applications, industry expertise, and market access. We do not expect the goodwill to be deductible for tax purposes. The intangible assets were valued using an income approach, specifically the relief from royalty method and multi-period excess earnings method. The relief from royalty method calculates value based on hypothetical payments that would be saved by owning an asset rather than licensing it. The multi-period excess earnings method is the isolation of cash flows from a single intangible asset and measures fair value by discounting them to present value. These values are considered level 3 measurements under the U.S. GAAP fair value hierarchy. The key assumption requiring the use of judgement in the valuation of the customer relationship intangible asset was the customer attrition rate of 5 percent; other assumptions included forecasted cash flows attributable to the existing customers and the discount rate. The key assumptions requiring the use of judgement in the valuation of the technology intangible asset were the royalty rate of 25 percent and the obsolescence factor estimating a phase out over 10 years; other assumptions included forecasted revenue growth rates and the discount rate. Other acquisitions In October 2020, we acquired Oylo, a privately-held industrial cybersecurity services provider based in Barcelona, Spain. We assigned the full amount of goodwill related to this acquisition to our Lifecycle Services segment. In December 2020, we acquired Fiix Inc., a privately-held, artificial intelligence enabled computerized maintenance management system (CMMS) company based in Toronto, Ontario, Canada. We assigned the full amount of goodwill related to this acquisition to our Software & Control segment. We recorded assets acquired and liabilities assumed in connection with these acquisitions based on their estimated fair values as of the respective acquisition dates. The aggregate purchase price allocation for these acquisitions is as follows (in millions): Purchase Price Allocation Accounts receivable $ 6.0 All other assets 15.9 Goodwill 224.8 Intangible assets 69.6 Total assets acquired 316.3 Less: Liabilities assumed (25.5) Less: Deferred income taxes (3.7) Net assets acquired $ 287.1 Purchase Consideration Total purchase consideration, net of cash acquired $ 287.1 Intangible assets identified include $69.6 million of customer relationships, technology, and trade names (approximately 11-year weighted average useful life). We assigned $12.8 million of goodwill to our Lifecycle Services segment and $212.0 million of goodwill to our Software & Control segment, which represents intangible assets that do not qualify for separate recognition. We do not expect the goodwill to be deductible for tax purposes. The total sales included in our consolidated results for all of the preceding acquisitions for the year ended September 30, 2021, were approximately $27.9 million. Pro forma consolidated sales for the year ended September 30, 2021 and 2020, were approximately $7.2 billion and $6.5 billion, respectively, and the impact on earnings is not material. The preceding pro forma consolidated financial results of operations are as if all of preceding fiscal 2021 acquisitions occurred on October 1, 2019. The pro forma information is presented for informational purposes only and is not indicative of the results of operations that would have been achieved had the transaction occurred as of that time. Acquisition-related costs recorded as expenses for all of the preceding acquisitions in the year ended September 30, 2021, were not material.

Inventories

Inventories	12 Months Ended
Inventories	Sep. 30, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories Inventories consist of (in millions): September 30, 2023 2022 Finished goods $ 545.9 $ 325.0 Work in process 395.7 317.3 Raw materials 463.3 411.9 Inventories $ 1,404.9 $ 1,054.2

Property, net

Property, net	12 Months Ended
Property, net	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Property, net	Property, net Property consists of (in millions): September 30, 2023 2022 Land $ 4.6 $ 4.6 Buildings and improvements 434.1 399.0 Machinery and equipment 1,312.7 1,201.6 Internal-use software 569.4 540.7 Construction in progress 191.7 142.9 Total 2,512.5 2,288.8 Less: Accumulated depreciation (1,828.3) (1,702.3) Property, net $ 684.2 $ 586.5

Long-term and Short-term Debt

Long-term and Short-term Debt	12 Months Ended
Long-term and Short-term Debt	Sep. 30, 2023
Debt Disclosure [Abstract]
Long-term and Short-term Debt	Long-term and Short-term Debt Long-term debt consists of (in millions): September 30, 2023 2022 0.35% notes, payable in August 2023 $ — $ 600.0 2.875% notes, payable in March 2025 306.4 311.0 6.70% debentures, payable in January 2028 250.0 250.0 3.50% notes, payable in March 2029 425.0 425.0 1.75% notes, payable in August 2031 450.0 450.0 6.25% debentures, payable in December 2037 250.0 250.0 4.20% notes, payable in March 2049 575.0 575.0 2.80% notes, payable in August 2061 450.0 450.0 5.20% debentures, payable in January 2098 200.0 200.0 Unamortized discount, capitalized lease obligations and other (34.9) (34.1) Total debt 2,871.5 3,476.9 Less: Current portion (8.6) (609.1) Long-term debt $ 2,862.9 $ 2,867.8 Our Short-term debt as of September 30, 2023 and 2022, includes $23.5 million and $42.3 million, respectively, of interest-bearing loans from SLB to Sensia, due December 29, 2023. In December 2022, Sensia entered into an unsecured $75.0 million line of credit. As of September 30, 2023, included in Short-term debt was $70.0 million borrowed against the line of credit with an interest rate of 6.29 percent. Also included in Short-term debt as of September 30, 2022 was commercial paper borrowings of $317.0 million with a weighted average interest rate of 3.03 percent and a weighted average maturity period of 22 days. In August 2021, we issued $1.5 billion aggregate principal amount of long-term notes in a registered public offering. The offering consisted of $600.0 million of 0.35% notes due in August 2023, $450.0 million of 1.75% notes due in August 2031, and $450.0 million of 2.80% notes due in August 2061, all issued at a discount. Net proceeds to the Company from the debt offering were $1,485.6 million. We used these net proceeds primarily to fund the acquisition of Plex. Refer to Note 4 for additional information on this acquisition. In March 2019, we issued $1.0 billion aggregate principal amount of long-term notes in a registered public offering. The offering consisted of $425.0 million of 3.50% notes due in March 2029 and $575.0 million of 4.20% notes due in March 2049, both issued at a discount. Net proceeds to the Company from the debt offering were $987.6 million. We used these net proceeds primarily to repay our outstanding commercial paper, with the remaining proceeds used for general corporate purposes. We entered into treasury locks to manage the potential change in interest rates in anticipation of the issuance of the $1.5 billion aggregate notes in August 2021 and the $1.0 billion of fixed rate debt in March 2019. These treasury locks were designated as and accounted for as cash flow hedges. The effective differentials paid on these treasury locks was initially recorded in Accumulated other comprehensive loss, net of tax effect. As a result of the changes in the interest rates on the treasury locks between the time we entered into the treasury locks and the time we priced and issued the notes, the Company made a net payment of $28.0 million to the counterparties from the August 2021 issuance and $35.7 million to the counterparty from the March 2019 issuance. The $28.0 million and $35.7 million net losses on the settlement of the treasury locks were recorded in Accumulated other comprehensive loss On June 29, 2022, we replaced our former $1.25 billion unsecured revolving credit facility with a new five-year $1.5 billion unsecured revolving credit facility, expiring in June 2027. We can increase the aggregate amount of this credit facility by up to $750.0 million, subject to the consent of the banks in the credit facility. We did not borrow against this credit facility or the former credit facility during the periods ended September 30, 2023, or 2022. Borrowings under this credit facility bear interest based on short-term money market rates in effect during the period the borrowings are outstanding. The terms of this credit facility contain covenants under which we agree to maintain an EBITDA-to-interest ratio of at least 3.0 to 1.0. The EBITDA-to-interest ratio is defined in the credit facility as the ratio of consolidated EBITDA (as defined in the facility) for the preceding four quarters to consolidated interest expense for the same period. Among other uses, we can draw on our credit facility as a standby liquidity facility to repay our outstanding commercial paper as it matures. Under our current policy, we expect to limit our other borrowings under our credit facility, if any, to amounts that would leave enough credit available under the facility so that we could borrow, if needed, to repay all of our then outstanding commercial paper as it matures. Separate short-term unsecured credit facilities of approximately $225.8 million at September 30, 2023, were available to non-U.S. subsidiaries, of which approximately $32.0 million was committed under letters of credit. Borrowings under our non-U.S. credit facilities at September 30, 2023 and 2022, were not significant. We were in compliance with financial covenants under our credit facilities at September 30, 2023 and 2022. There are no significant commitment fees or compensating balance requirements under our credit facilities. Interest payments were $133.2 million during 2023, $120.4 million during 2022, and $91.8 million during 2021. The following table presents the carrying amounts and estimated fair values of Long-term debt in the Consolidated Balance Sheet (in millions): September 30, 2023 September 30, 2022 Carrying Value Fair Value Carrying Value Fair Value Current portion of long-term debt $ 8.6 $ 8.6 $ 609.1 $ 589.1 Long-term debt 2,862.9 2,442.6 2,867.8 2,485.4 We base the fair value of long-term debt upon quoted market prices for the same or similar issues and therefore consider this a Level 2 fair value measurement. The fair value of long-term debt considers the terms of the debt excluding the impact of derivative and hedging activity. Refer to Note 1 for further information regarding levels in the fair value hierarchy. The carrying value of our short-term debt approximates fair value.

Other Current Liabilities

Other Current Liabilities	12 Months Ended
Other Current Liabilities	Sep. 30, 2023
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	Other Current Liabilities Other current liabilities consist of (in millions): September 30, 2023 2022 Unrealized losses on foreign exchange contracts (Note 11) $ 10.8 $ 31.2 Product warranty obligations (Note 9) 18.3 16.5 Taxes other than income taxes 56.9 65.6 Accrued interest 18.6 18.1 Income taxes payable 248.6 81.1 Operating lease liabilities 83.4 83.3 Other 130.8 107.2 Other current liabilities $ 567.4 $ 403.0

Product Warranty Obligations

Product Warranty Obligations	12 Months Ended
Product Warranty Obligations	Sep. 30, 2023
Product Warranties Disclosures [Abstract]
Product Warranty Obligations	Product Warranty Obligations We record a liability for product warranty obligations at the time of sale to a customer based upon historical warranty experience. Most of our products are covered under a warranty period that runs for twelve months from either the date of sale or installation. We also record a liability for specific warranty matters when they become known and reasonably estimable. Changes in product warranty obligations were (in millions): September 30, 2023 2022 Beginning balance $ 16.5 $ 18.0 Warranties recorded at time of sale 14.8 14.5 Adjustments to pre-existing warranties 2.9 (3.6) Settlements of warranty claims (15.9) (12.4) Ending balance $ 18.3 $ 16.5

Investments

Investments	12 Months Ended
Investments	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Investments	Investments Our investments consist of (in millions): September 30, 2023 2022 Fixed income securities $ 0.6 $ 12.6 Equity securities (level 1) — 928.8 Equity securities (other) 96.0 76.4 Other 61.1 50.8 Total investments 157.7 1,068.6 Less: Short-term investments (1) (0.6) (12.6) Long-term investments $ 157.1 $ 1,056.0 (1) Short-term investments are included in Other current assets in the Consolidated Balance Sheet. Equity Securities Equity securities (level 1) consisted of shares of PTC Inc. common stock (PTC Shares). As of September 30, 2023, all PTC Shares have been sold. 8,879,717 PTC Shares were owned at September 30, 2022. The PTC Shares were classified as level 1 in the fair value hierarchy, as described in Note 1, and were recognized at fair value in the Consolidated Balance Sheet using the most recent closing price of PTC common stock quoted on Nasdaq. Equity securities (other) consist of various securities that do not have a readily determinable fair value, which we account for using the measurement alternative under U.S. GAAP. These securities are recorded at the investment cost, less impairment, plus or minus observable price changes (in orderly transactions) of an identical or similar investment of the same issuer in the Consolidated Balance Sheet. Observable price changes are classified as level 2 in the fair value hierarchy, as described in Note 1. The carrying values at September 30, 2023 and 2022, include cumulative upward adjustments from observed price changes of $17.5 million and $17.2 million, respectively. We record gains and losses on investments within the Change in fair value of investments line in the Consolidated Statement of Operations. The gains and losses on investments we recorded for the following periods were (in millions): 2023 2022 2021 Net gain (loss) on equity securities (level 1) $ 281.7 $ (136.4) $ 392.3 Net (loss) gain on equity securities (other) (1.3) 15.1 5.1 Equity method loss on Other investments (1.1) (15.6) — Change in fair value of investments 279.3 (136.9) 397.4 Total net realized gain on equity securities 281.7 44.6 — Total net unrealized (loss) gain on equity securities $ (1.3) $ (165.9) $ 397.4 Refer to Note 1 for further information regarding levels in the fair value hierarchy. We did not have any transfers between levels of fair value measurements during the periods presented.

Derivative Instruments

Derivative Instruments	12 Months Ended
Derivative Instruments	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Derivative Instruments	Derivative Instruments We use foreign currency forward exchange contracts and foreign currency denominated debt obligations to manage certain foreign currency risks. We also use treasury locks to manage risks associated with interest rate fluctuations. The following information explains how we use and value these types of derivative instruments and how they impact our consolidated financial statements. Additional information related to the impacts of cash flow hedges on Other comprehensive income (loss) is included in Note 12. Types of Derivative Instruments and Hedging Activities Cash Flow Hedges We enter into foreign currency forward exchange contracts to hedge our exposure to foreign currency exchange rate variability in the expected future cash flows associated with certain third-party and intercompany transactions denominated in foreign currencies forecasted to occur within the next two years (cash flow hedges). We report in Other comprehensive income (loss) the effective portion of the gain or loss on derivative financial instruments that we designate and that qualify as cash flow hedges. We reclassify these gains or losses into earnings in the same periods when the hedged transactions affect earnings. To the extent forward exchange contracts designated as cash flow hedges are ineffective, changes in value are recorded in earnings through the maturity date. There was no impact on earnings due to ineffective cash flow hedges. At September 30, 2023, we had a U.S. dollar-equivalent gross notional amount of $1,075.9 million of foreign currency forward exchange contracts designated as cash flow hedges. We entered into treasury locks to manage the potential change in interest rates in anticipation of the issuance of $1.5 billion and $1.0 billion of fixed rate debt in August 2021 and March 2019, respectively. Treasury locks are accounted for as cash flow hedges since they hedge the risk of an increase in treasury rates for the forecasted interest payments of an anticipated fixed-rate debt issuance. The pre-tax amount of gains (losses) recorded in Other comprehensive income (loss) related to cash flow hedges that would have been recorded in the Consolidated Statement of Operations had they not been so designated was (in millions): 2023 2022 2021 Forward exchange contracts $ 17.2 $ 70.5 $ (10.8) Treasury locks — — (28.0) The pre-tax amount of gains (losses) reclassified from Accumulated other comprehensive loss into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges, which offset the related gains and losses on the hedged items during the periods presented, was (in millions): 2023 2022 2021 Sales $ 6.0 $ 0.7 $ 1.9 Cost of sales 33.4 21.8 (25.4) Selling, general and administrative expenses — (0.9) 1.5 Interest expense (3.5) (3.6) (2.3) Total $ 35.9 $ 18.0 $ (24.3) Approximately $19.4 million of pre-tax net unrealized gains on cash flow hedges as of September 30, 2023, will be reclassified into earnings during the next twelve months. We expect that these net unrealized gains will be offset when the hedged items are recognized in earnings. Net Investment Hedges We use foreign currency forward exchange contracts and foreign currency denominated debt obligations to hedge portions of our net investments in non-U.S. subsidiaries (net investment hedges) against the effect of exchange rate fluctuations on the translation of foreign currency balances to the U.S. dollar. For all instruments that are designated as net investment hedges and meet effectiveness requirements, the net changes in value of the designated hedging instruments are recorded in Accumulated other comprehensive loss within Shareowners’ equity where they offset gains and losses recorded on our net investments globally. To the extent forward exchange contracts or foreign currency denominated debt designated as net investment hedges are ineffective, changes in value are recorded in earnings through the maturity date. There was no impact on earnings due to ineffective net investment hedges. At September 30, 2023 and 2022, we had no foreign currency forward exchange contracts designated as net investment hedges. The pre-tax amount of losses recorded in Other comprehensive income (loss) related to net investment hedges that would have been recorded in the Consolidated Statement of Operations had they not been so designated was not material. Derivatives Not Designated as Hedging Instruments Certain of our locations have assets and liabilities denominated in currencies other than their functional currencies resulting from intercompany loans and other transactions with third parties denominated in foreign currencies. We enter into foreign currency forward exchange contracts that we do not designate as hedging instruments to offset the transaction gains or losses associated with some of these assets and liabilities. Gains and losses on derivative financial instruments for which we do not elect hedge accounting are recognized in the Consolidated Statement of Operations in each period, based on the change in the fair value of the derivative financial instruments. At September 30, 2023, we had a U.S. dollar-equivalent gross notional amount of $1,178.1 million of foreign currency forward exchange contracts not designated as hedging instruments. The pre-tax amount of gains (losses) from forward exchange contracts not designated as hedging instruments recognized in the Consolidated Statement of Operations was (in millions): 2023 2022 2021 Cost of sales $ 1.6 $ 0.5 $ (0.2) Other (expense) income (19.2) 38.6 (8.1) Total $ (17.6) $ 39.1 $ (8.3) Fair Value of Derivative Instruments We recognize all derivative financial instruments as either assets or liabilities at fair value in the Consolidated Balance Sheet. We value our forward exchange contracts using a market approach. We use a valuation model based on inputs including forward and spot prices for currency and interest rate curves. We did not change our valuation techniques during fiscal 2023, 2022, or 2021. It is our policy to execute such instruments with major financial institutions that we believe to be creditworthy and not to enter into derivative financial instruments for speculative purposes. We diversify our foreign currency forward exchange contracts among counterparties to minimize exposure to any one of these entities. Our foreign currency forward exchange contracts are usually denominated in curre ncies of major industrial countries. The U.S. dollar-equivalent gross notional amount of our forward exchange contracts totaled $2,254.0 million at September 30, 2023. Currency pairs (buy/sell) comprising the most significant contract notional values were Euro/United States dollar (USD), USD/Canadian dollar, USD/Swiss Franc, and USD/Mexican peso. The fair value of our derivatives and their location in our Consolidated Balance Sheet were (in millions): Fair Value (Level 2) Derivatives Designated as Hedging Instruments Balance Sheet Location September 30, 2023 September 30, 2022 Forward exchange contracts Other current assets $ 23.5 $ 52.2 Forward exchange contracts Other assets 5.6 8.0 Forward exchange contracts Other current liabilities (2.0) (10.2) Forward exchange contracts Other liabilities (0.7) (1.0) Total $ 26.4 $ 49.0 Fair Value (Level 2) Derivatives Not Designated as Hedging Instruments Balance Sheet Location September 30, 2023 September 30, 2022 Forward exchange contracts Other current assets $ 20.1 $ 59.9 Forward exchange contracts Other current liabilities (8.8) (21.0) Total $ 11.3 $ 38.9 Refer to Note 1 for further information regarding levels in the fair value hierarchy.

Shareowners' Equity

Shareowners' Equity	12 Months Ended
Shareowners' Equity	Sep. 30, 2023
Equity [Abstract]
Shareowners' Equity	Shareowners’ Equity Common Stock At September 30, 2023, the authorized stock of the Company consisted of one billion shares of common stock, par value $1.00 per share, and 25 million shares of preferred stock, without par value. At September 30, 2023, 13.5 million shares of authorized common stock were reserved for various incentive plans. Changes in outstanding common shares are summarized as follows (in millions): 2023 2022 2021 Beginning balance 115.2 116.0 116.2 Treasury stock purchases (1.2) (1.3) (1.1) Common stock issued (including share-based compensation impact) 0.8 0.5 0.9 Ending balance 114.8 115.2 116.0 At September 30, 2023 and 2022, there were $1.1 million and $1.6 million, respectively, of outstanding common stock share repurchases recorded in Accounts payable. Accumulated Other Comprehensive Loss Changes in Accumulated other comprehensive loss attributable to Rockwell Automation by component were (in millions): Pension and other postretirement benefit plan adjustments, net of tax (Note 14) Accumulated currency translation adjustments, net of tax Net unrealized (losses) gains on cash flow hedges, net of tax Total accumulated other comprehensive loss, net of tax Balance as of September 30, 2020 $ (1,271.2) $ (311.5) $ (31.5) $ (1,614.2) Other comprehensive income (loss) before reclassifications 438.9 31.4 (29.2) 441.1 Amounts reclassified from accumulated other comprehensive loss 138.2 — 17.8 156.0 Other comprehensive income (loss) 577.1 31.4 (11.4) 597.1 Balance as of September 30, 2021 $ (694.1) $ (280.1) $ (42.9) $ (1,017.1) Other comprehensive income (loss) before reclassifications 170.7 (184.9) 51.2 37.0 Amounts reclassified from accumulated other comprehensive loss 75.6 — (13.0) 62.6 Other comprehensive income (loss) 246.3 (184.9) 38.2 99.6 Balance as of September 30, 2022 $ (447.8) $ (465.0) $ (4.7) $ (917.5) Other comprehensive (loss) income before reclassifications (49.7) 100.1 12.8 63.2 Amounts reclassified from accumulated other comprehensive loss 90.4 — (26.2) 64.2 Other comprehensive income (loss) 40.7 100.1 (13.4) 127.4 Balance as of September 30, 2023 $ (407.1) $ (364.9) $ (18.1) $ (790.1) The reclassifications out of Accumulated other comprehensive loss to the Consolidated Statement of Operations were (in millions): Year Ended September 30, Affected Line in the Consolidated Statement of Operations 2023 2022 2021 Pension and other postretirement benefit plan adjustments (1) Amortization of prior service cost (credit) $ 0.1 $ (0.2) $ (4.0) Other (expense) income Amortization of net actuarial (gain) loss (2.1) 60.1 142.5 Other (expense) income Settlement and curtailment charges 123.4 38.6 39.8 Other (expense) income 121.4 98.5 178.3 Income before income taxes (31.0) (22.9) (40.1) Income tax provision $ 90.4 $ 75.6 $ 138.2 Net income attributable to Rockwell Automation, Inc. Net unrealized (gains) losses on cash flow hedges Forward exchange contracts $ (6.0) $ (0.7) $ (1.9) Sales Forward exchange contracts (33.4) (21.8) 25.4 Cost of sales Forward exchange contracts — 0.9 (1.5) Selling, general and administrative expenses Treasury locks related to 2019 and 2021 debt issuances 3.5 3.6 2.3 Interest expense (35.9) (18.0) 24.3 Income before income taxes 9.7 5.0 (6.5) Income tax provision $ (26.2) $ (13.0) $ 17.8 Net income attributable to Rockwell Automation, Inc. Total reclassifications $ 64.2 $ 62.6 $ 156.0 Net income attributable to Rockwell Automation, Inc. (1) These components are included in the computation of net periodic benefit costs. See Note 14 for further information.

Share-Based Compensation

Share-Based Compensation	12 Months Ended
Share-Based Compensation	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Share-Based Compensation	Share-Based Compensation During 2023, 2022, and 2021, we recognized $88.3 million, $68.1 million, and $51.7 million of pre-tax share-based compensation expense, respectively. The total income tax benefit related to share-based compensation expense was $14.9 million, $11.2 million, and $8.6 million during 2023, 2022, and 2021, respectively. As of September 30, 2023, total unrecognized compensation cost related to share-based compensation awards, net of estimated forfeitures, was $106.5 million, which we expect to recognize over a weighted average period of approximately 1.7 years. During 2020, we adopted, and our shareowners approved, our 2020 Long-Term Incentives Plan (2020 Plan), which replaced our 2012 Long-Term Incentives Plan, as amended (2012 Plan), and our 2003 Directors Stock Plan, as amended (Directors Plan). Our 2020 Plan authorizes us to deliver up to 13.0 million shares of our common stock upon exercise of stock options, upon grant, or in payment of stock appreciation rights, performance shares, performance units, restricted stock units, or restricted stock. Our Directors Plan authorized us to deliver up to 0.5 million shares of our common stock upon exercise of stock options, upon grant, or in payment of restricted stock units. Shares relating to awards under our 2012 Plan that terminate by expiration, forfeiture, cancellation, or otherwise without the issuance or delivery of shares or that are settled in cash in lieu of shares will be available for further awards under the 2020 Plan. Approximately 8.4 million shares under our 2020 Plan remain available for future grant or payment at September 30, 2023. We use treasury stock to deliver shares of our common stock under these plans. Our 2020 Plan does not permit share-based compensation awards to be granted after February 4, 2030. Stock Options We have granted non-qualified and incentive stock options to purchase our common stock under various incentive plans at prices equal to the fair market value of the stock on the grant dates. The exercise price for stock options granted under the plans may be paid in cash, already-owned shares of common stock, or a combination of cash and such shares. Stock options expire ten years after the grant date and vest ratably over three years. The per share weighted average fair value of stock options granted during the years ended September 30, 2023, 2022, and 2021, was $77.62, $87.68, and $55.50, respectively. The total intrinsic value of stock options exercised was $69.8 million , $52.8 million, and $108.4 million during 2023, 2022, and 2021, respectively. We estimated the fair value of each stock option on the date of grant using the Black-Scholes pricing model and the following assumptions: 2023 2022 2021 Average risk-free interest rate 3.78 % 0.38 % 0.38 % Expected dividend yield 1.82 % 1.28 % 1.73 % Expected volatility 34 % 31 % 31 % Expected term (years) 4.8 4.8 4.9 The average risk-free interest rate is based on U.S. Treasury security rates corresponding to the expected term in effect as of the grant date. The expected dividend yield is based on the expected annual dividend as a percentage of the market value of our common stock as of the grant date. We determined expected volatility using daily historical volatility of our stock price over the most recent period corresponding to the expected term as of the grant date. We determined the expected term of the stock options using historical data adjusted for the estimated exercise dates of unexercised options. A summary of stock option activity for the year ended September 30, 2023, is as follows: Shares Wtd. Avg. Wtd. Avg. Aggregate Outstanding at October 1, 2022 2,246 $ 186.72 Granted 233 259.82 Exercised (539) 165.34 Forfeited (14) 282.78 Canceled (2) 350.76 Outstanding at September 30, 2023 1,924 200.03 5.6 $ 172.9 Exercisable at September 30, 2023 1,554 180.80 4.9 165.4 The amount of options expected to vest is materially consistent with those outstanding and not yet exercisable. Performance Share Awards Certain officers and key employees are also eligible to receive shares of our common stock in payment of performance share awards granted to them. Grantees of performance shares will be eligible to receive shares of our common stock depending upon our total shareowner return, assuming reinvestment of all dividends, relative to the performance of companies in the S&P 500 Index over a three-year period for the awards granted in fiscal 2020. The number of shares actually earned for awards granted in fiscal 2020 will range from zero percent to 200 percent of the targeted number of performance shares for the three-year performance periods and will be paid, to the extent earned, in the fiscal quarter following the end of the applicable three-year performance period. Beginning with the awards granted in fiscal 2021, the total shareowner return is measured relative to the performance of companies in the following S&P 500 Selected GICS groups: Capital Goods, Software and Services, and Technology Hardware and Equipment. The number of shares actually earned for awards granted in fiscal 2023, 2022, and 2021 will range from zero percent to 200 percent of the targeted number of performance shares for the three-year performance periods and will be paid, to the extent earned, in the fiscal quarter following the end of the applicable three-year performance period. A summary of performance share activity for the year ended September 30, 2023, is as follows: Shares Wtd. Avg. Outstanding at October 1, 2022 97 $ 354.29 Granted (1) 66 340.77 Adjustment for performance results achieved (2) 22 265.04 Vested and issued (48) 265.04 Forfeited (6) 381.85 Outstanding at September 30, 2023 131 364.57 (1) Performance shares granted assuming achievement of performance goals at target. (2) Adjustments were due to the number of shares vested under fiscal 2020 awards at the end of the three-year performance period ended September 30, 2022, being higher than the target number of shares. The following table summarizes information about performance shares vested during the years ended September 30, 2023, 2022, and 2021: 2023 2022 2021 Percent payout 177 % 144 % 93 % Shares vested (in thousands) 48 68 31 Total fair value of shares vested (in millions) $ 12.5 $ 23.4 $ 7.4 For the three-year performance period ending September 30, 2023, the payout will be 92% of the target number of shares, with a maximum of approximately 32,000 shares to be delivered in payment under the awards in December 2023. The per share fair value of performance share awards granted during the years ended September 30, 2023, 2022, and 2021, was $340.77, $481.28, and $298.10, respectively, which we determined using a Monte Carlo simulation and the following assumptions: 2023 2022 2021 Average risk-free interest rate 4.08 % 0.94 % 0.19 % Expected dividend yield 1.82 % 1.28 % 1.73 % Expected volatility 39 % 36 % 37 % The average risk-free interest rate is based on the three-year U.S. Treasury security rate in effect as of the grant date. The expected dividend yield is based on the expected annual dividend as a percentage of the market value of our common stock as of the grant date. The expected volatilities were determined using daily historical volatility for the most recent three-year period as of the grant date. Restricted Stock and Restricted Stock Units We grant restricted stock and restricted stock units to certain employees, and non-employee directors may elect to receive a portion of their compensation in restricted stock units. Restrictions on employee restricted stock and employee restricted stock units generally lapse over periods ranging from one A summary of restricted stock and restricted stock unit activity for the year ended September 30, 2023, is as follows: Shares Wtd. Avg. Outstanding at October 1, 2022 448 $ 271.71 Granted 245 263.67 Vested (198) 256.98 Forfeited (28) 279.30 Outstanding at September 30, 2023 467 273.28 We also granted approximately 6,600 shares of unrestricted common stock to non-employee directors during the year ended September 30, 2023. The weighted average grant date fair value of the unrestricted stock awards granted during the years ended September 30, 2023, 2022, and 2021, was $261.56, $345.00, and $228.80, respectively.

Retirement Benefits

Retirement Benefits	12 Months Ended
Retirement Benefits	Sep. 30, 2023
Retirement Benefits [Abstract]
Retirement Benefits	Retirement Benefits We sponsor funded and unfunded pension plans and other postretirement benefit plans for our employees. The pension plans provide for monthly pension payments to eligible employees after retirement. Pension benefits for salaried employees generally are based on years of credited service and average earnings. Pension benefits for hourly employees are primarily based on specified benefit amounts and years of service. Effective July 1, 2010, we closed participation in our U.S. and Canada pension plans to employees hired after June 30, 2010. Employees hired after June 30, 2010, are instead eligible to participate in defined contribution plans. Effective October 1, 2010, we also closed participation in our U.K. pension plan to employees hired after September 30, 2010, and these employees are now eligible for a defined contribution plan. Benefits to be provided to plan participants hired before July 1, 2010, or October 1, 2010, respectively, are not affected by these changes. Our policy with respect to funding our pension obligations is to fund at a minimum the amount required by applicable laws and governmental regulations. We were not required to make contributions to satisfy minimum funding requirements in our U.S. pension plans in 2023, 2022, or 2021. We did not make voluntary contributions to our U.S. qualified pension plan in 2023, 2022, and 2021. We sponsor various defined contribution savings plans that allow eligible employees to contribute a portion of their income in accordance with plan specific guidelines. We contribute to savings plans and/or will match a percentage of the employee contributions up to certain limits. The Company contributions to defined contribution plans are based on age and years of service and range from 3% to 7% of eligible compensation. However, effective from May 2020 through November 2020, we temporarily suspended the 401(k) matching contribution for all U.S. employees to address the then-current and anticipated economic conditions resulting from the global COVID-19 pandemic. Expense related to these plans was $76.9 million in 2023, $63.8 million in 2022, and $58.5 million in 2021. Other postretirement benefits are primarily in the form of retirement medical plans that cover certain employees in the U.S. and Canada and provide for the payment of certain medical costs of eligible employees and dependents after retirement. The postretirement benefit plan was closed to employees hired after December 31, 2004. Net Periodic Benefit Cost (Income) The components of net periodic benefit cost (income) were (in millions): Pension Benefits Other Postretirement Benefits 2023 2022 2021 2023 2022 2021 Service cost $ 42.0 $ 70.9 $ 90.1 $ 0.6 $ 0.8 $ 1.2 Interest cost 149.7 135.6 125.6 2.2 1.3 1.2 Expected return on plan assets (190.6) (230.7) (241.3) — — — Amortization of prior service cost (credit) 0.1 0.6 1.4 — (0.8) (5.4) Amortization of net actuarial (gain) loss (2.6) 59.4 141.4 0.5 0.7 1.1 Settlement and curtailment charges 123.4 38.6 39.8 — — — Net periodic benefit cost (income) $ 122.0 $ 74.4 $ 157.0 $ 3.3 $ 2.0 $ (1.9) The service cost component is included in Cost of sales and Selling, general and administrative expenses in the Consolidated Statement of Operations. All other components are included in Other (expense) income in the Consolidated Statement of Operations. Significant assumptions used in determining net periodic benefit cost (income) were (in weighted averages): Pension Benefits Other Postretirement Benefits 2023 2022 2021 2023 2022 2021 U.S. Plans Discount rate 5.65 % 3.86 % 2.90 % 5.70 % 2.50 % 2.15 % Expected return on plan assets 7.00 % 7.00 % 7.25 % — — — Compensation increase rate 3.30 % 3.40 % 3.40 % — — — Non-U.S. Plans Discount rate 4.35 % 2.01 % 1.56 % 5.10 % 2.90 % 2.20 % Expected return on plan assets 4.93 % 4.59 % 4.68 % — — — Compensation increase rate 3.03 % 3.00 % 2.90 % — — — Net Benefit Obligation Benefit obligation, plan assets, funded status, and net liability information is summarized as follows (in millions): Pension Benefits Other Postretirement Benefits 2023 2022 2023 2022 Benefit obligation at beginning of year $ 3,165.6 $ 4,751.8 $ 44.2 $ 51.5 Service cost 42.0 70.9 0.6 0.8 Interest cost 149.7 135.6 2.2 1.3 Actuarial losses (gains) 81.1 (1,216.8) 8.7 (1.1) Plan amendments — 4.6 — — Plan participant contributions 1.8 2.2 4.2 3.8 Benefits paid (151.1) (153.8) (13.3) (11.7) Settlements and curtailments (585.6) (320.4) — — Currency translation and other 47.3 (108.5) (0.2) (0.4) Benefit obligation at end of year 2,750.8 3,165.6 46.4 44.2 Plan assets at beginning of year 2,903.9 4,192.2 — — Actual return on plan assets 209.7 (768.0) — — Company contributions 26.6 54.3 9.1 7.9 Plan participant contributions 1.8 2.2 4.2 3.8 Benefits paid (151.1) (153.8) (13.3) (11.7) Settlements and curtailments (585.6) (312.2) — — Currency translation and other 52.1 (110.8) — — Plan assets at end of year 2,457.4 2,903.9 — — Funded status of plans $ (293.4) $ (261.7) $ (46.4) $ (44.2) Net amount on balance sheet consists of Other assets $ 150.4 $ 158.8 $ — $ — Compensation and benefits (16.8) (15.1) (7.1) (6.4) Retirement benefits (427.0) (405.4) (39.3) (37.8) Net amount on balance sheet $ (293.4) $ (261.7) $ (46.4) $ (44.2) The actuarial losses recorded within the benefit obligation in 2023 were primarily the result of significant lump sum payments made using a lower discount rate than our valuation rate. The actuarial gains recorded in 2022 were primarily the result of an increase in the discount rate for the U.S. Plans, which increased from 3.10% in 2021 to 5.65% in 2022. Approximately 70 percent of our 2023 global projected benefit obligation relates to our U.S. pension plan. Amounts included in Accumulated other comprehensive loss, net of tax, which have not yet been recognized in net periodic benefit cost (income) are as follows (in millions): Pension Benefits Other Postretirement Benefits 2023 2022 2023 2022 Prior service (credit) cost $ (153.2) $ (61.3) $ 4.7 $ 4.7 Net actuarial loss 548.9 503.9 6.7 0.5 Total $ 395.7 $ 442.6 $ 11.4 $ 5.2 During 2023, we recognized prior service costs (credits), settlements, and curtailments of $123.5 million ($91.9 million net of tax) and net actuarial gains of $2.1 million ($1.5 million net of tax) in pension and other postretirement net periodic benefit cost (income), which were included in Accumulated other comprehensive loss The accumulated benefit obligation for our pension plans was $2,584.6 million and $2,982.0 million at September 30, 2023 and 2022, respectively. Information regarding our pension plans with projected benefit obligations in excess of the fair value of plan assets (underfunded plans) are as follows (in millions): 2023 2022 Projected benefit obligation $ 2,082.7 $ 2,529.0 Fair value of plan assets 1,638.9 2,108.5 Information regarding our pension plans with accumulated benefit obligations in excess of the fair value of plan assets (underfunded plans) are as follows (in millions): 2023 2022 Accumulated benefit obligation $ 1,926.2 $ 2,365.5 Fair value of plan assets 1,626.7 2,108.5 Significant assumptions used in determining the benefit obligations were (in weighted averages): Pension Benefits Other Postretirement Benefits 2023 2022 2023 2022 U.S. Plans Discount rate 6.10 % 5.65 % 6.20 % 5.70 % Compensation increase rate 3.60 % 3.30 % — — Health care cost trend rate (1) — — 6.50 % 6.50 % Non-U.S. Plans Discount rate 4.65 % 4.35 % 5.75 % 5.10 % Compensation increase rate 3.24 % 3.03 % — — Health care cost trend rate (1) — — 4.50 % 4.50 % (1) The health care cost trend rate reflects the estimated increase in gross medical claims costs. As a result of the plan amendment adopted effective October 1, 2002, our effective per person retiree medical cost increase is zero percent beginning in 2005 for the majority of our postretirement benefit plans. For our other plans, we assume the gross health care cost trend rate will remain at 6.50% in 2024 and decrease to 5.00% in 2025 for U.S. Plans and will not change in future periods for Non-U.S. Plans. Estimated Future Payments We expect to contribute $26.6 million related to our global pension plans and $7.3 million to our postretirement benefit plans in 2024. The following benefit payments, which include employees’ expected future service, as applicable, are expected to be paid (in millions): Pension Benefits Other 2024 $ 302.8 $ 7.3 2025 210.5 6.8 2026 213.4 6.2 2027 226.6 5.6 2028 222.4 5.0 2029-2033 1,124.7 15.5 Plan Assets In determining the expected long-term rate of return on assets assumption, we consider actual returns on plan assets over the long term, adjusted for forward-looking considerations, such as inflation, interest rates, equity performance, and the active management of the plan’s invested assets. We also considered our current and expected mix of plan assets in setting this assumption. This resulted in the selection of the weighted average long-term rate of return on assets assumption. Our global weighted average targeted and actual asset allocations at September 30, by asset category, are: Target September 30, Asset Category Allocations 2023 2022 Equity securities 38% 50% 53% Debt securities 52% 43% 41% Other 10% 7% 6% The investment objective for pension funds related to our defined benefit plans is to meet the plan’s benefit obligations, while maximizing the long-term growth of assets without undue risk. We strive to achieve this objective by investing plan assets within target allocation ranges and diversification within asset categories. Target allocation ranges are guidelines that are adjusted periodically based on ongoing monitoring by plan fiduciaries. Investment risk is controlled by rebalancing to target allocations on a periodic basis and ongoing monitoring of investment manager performance relative to the investment guidelines established for each manager. As of September 30, 2023 and 2022, our pension plans do not directly own our common stock. In certain countries where we operate, there are no legal requirements or financial incentives provided to companies to pre-fund pension obligations. In these instances, we typically make benefit payments directly from cash as they become due, rather than by creating a separate pension fund. The valuation methodologies used for our pension plans’ investments measured at fair value are described as follows. There have been no changes in the methodologies used at September 30, 2023 and 2022. Preferred and common stock — Valued at the closing price reported on the active market on which the individual securities are traded. Mutual funds — Valued at the closing price reported on the active market on which the individual funds are traded. Preferred and corporate debt — Valued at either the yields currently available on comparable securities of issuers with similar credit ratings or valued under a discounted cash flow approach that maximizes observable inputs, such as current yields of similar instruments, but includes adjustments for certain risks that may not be observable such as credit and liquidity risks. Government securities — Valued at the most recent closing price on the active market on which the individual securities are traded or, absent an active market, utilizing observable inputs such as closing prices in less frequently traded markets. Common collective trusts — Valued at the net asset value (NAV) as determined by the custodian of the fund. The NAV is based on the fair value of the underlying assets owned by the fund, minus its liabilities then divided by the number of units outstanding. Private equity and alternative equity — Valued at the estimated fair value, as determined by and subject to the judgment of, the respective fund manager based on the NAV of the investment units held at year end. Real estate funds — Consists of the real estate funds, which provide an indirect investment into a diversified and multi-sector portfolio of property assets. Publicly-traded real estate funds are valued at the most recent closing price reported on the SIX Swiss Exchange. The remainder is valued at the estimated fair value, as determined by the respective fund manager, based on the NAV of the investment units held at year end, which is subject to judgment. Insurance contracts — Valued at the aggregate amount of accumulated contribution and investment income, less amounts used to make benefit payments and administrative expenses, which approximates fair value. Other — Consists of other fixed income investments and common collective trusts with a mix of equity and fixed income underlying assets. Other fixed income investments are valued at the most recent closing price reported in the markets in which the individual securities are traded, which may be infrequently. Refer to Note 1 for further information regarding levels in the fair value hierarchy. In accordance with ASC Subtopic 820-10, certain investments that are measured at fair value using the NAV (or its equivalent) practical expedient have not been classified in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the line items presented in the consolidated financial statements. The following table presents our pension plans’ investments measured at fair value as of September 30, 2023 (in millions): Level 1 Level 2 Level 3 Total U.S. Plans Cash and cash equivalents $ 3.2 $ — $ — $ 3.2 Equity securities Mutual funds 40.5 — — 40.5 Preferred and common stock 381.8 — — 381.8 Common collective trusts — 447.4 — 447.4 Fixed income securities Preferred and corporate debt — 387.2 — 387.2 Government securities 212.3 30.2 — 242.5 Common collective trusts — 104.5 — 104.5 Total U.S. Plans investments in fair value hierarchy $ 637.8 $ 969.3 $ — 1,607.1 U.S. Plans investments measured at NAV Private equity and alternative equity 11.7 Total U.S. Plans investments 1,618.8 Non-U.S. Plans Cash and cash equivalents $ 7.0 $ — $ — 7.0 Equity securities Preferred and common stock 154.7 — — 154.7 Common collective trusts — 209.7 — 209.7 Fixed income securities Preferred and corporate debt — 30.3 — 30.3 Government securities 0.8 — — 0.8 Common collective trusts — 294.5 — 294.5 Other types of investments Real estate funds — 55.3 — 55.3 Insurance contracts — — 65.2 65.2 Other — — 2.4 2.4 Total Non-U.S. Plans investments in fair value hierarchy $ 162.5 $ 589.8 $ 67.6 819.9 Non-U.S. Plans investments measured at NAV Real estate funds 18.7 Total Non-U.S. Plans investments 838.6 Total investments measured at fair value $ 2,457.4 The following table presents our pension plans’ investments measured at fair value as of September 30, 2022 (in millions): Level 1 Level 2 Level 3 Total U.S. Plans Cash and cash equivalents $ 3.1 $ — $ — $ 3.1 Equity securities Mutual funds 53.1 — — 53.1 Preferred and common stock 532.9 — — 532.9 Common collective trusts — 621.1 — 621.1 Fixed income securities Preferred and corporate debt — 453.1 — 453.1 Government securities 224.8 41.6 — 266.4 Common collective trusts — 143.6 — 143.6 Total U.S. Plans investments in fair value hierarchy $ 813.9 $ 1,259.4 $ — 2,073.3 U.S. Plans investments measured at NAV Private equity and alternative equity 18.0 Total U.S. Plans investments 2,091.3 Non-U.S. Plans Cash and cash equivalents $ 13.3 $ — $ — 13.3 Equity securities Preferred and common stock 143.2 — — 143.2 Common collective trusts — 185.1 — 185.1 Fixed income securities Preferred and corporate debt — 39.7 — 39.7 Government securities 1.3 — — 1.3 Common collective trusts — 291.3 — 291.3 Other types of investments Real estate funds — 63.7 — 63.7 Insurance contracts — — 54.9 54.9 Other — — 3.8 3.8 Total Non-U.S. Plans investments in fair value hierarchy $ 157.8 $ 579.8 $ 58.7 796.3 Non-U.S. Plans investments measured at NAV Real estate funds 16.3 Total Non-U.S. Plans investments 812.6 Total investments measured at fair value $ 2,903.9 The table below sets forth a summary of changes in fair market value of our pension plans’ Level 3 assets for the year ended September 30, 2023 (in millions): Balance September 30, 2022 Realized Gains (Losses) Unrealized Gains (Losses) Purchases, Sales, Issuances, and Settlements, Net Balance September 30, 2023 Non-U.S. Plans Insurance contracts $ 54.9 $ — $ 9.6 $ 0.7 $ 65.2 Other 3.8 — — (1.4) 2.4 $ 58.7 $ — $ 9.6 $ (0.7) $ 67.6 The table below sets forth a summary of changes in fair market value of our pension plans’ Level 3 assets for the year ended September 30, 2022 (in millions): Balance Realized Gains (Losses) Unrealized Gains (Losses) Purchases, Sales, Issuances, and Settlements, Net Balance September 30, 2022 U.S. Plans Insurance contracts $ 0.9 $ — $ — $ (0.9) $ — Non-U.S. Plans Insurance contracts 106.2 — (50.9) (0.4) 54.9 Other 4.7 — (0.7) (0.2) 3.8 $ 111.8 $ — $ (51.6) $ (1.5) $ 58.7

Other (Expense) Income

Other (Expense) Income	12 Months Ended
Other (Expense) Income	Sep. 30, 2023
Other Income and Expenses [Abstract]
Other (Expense) Income	Other (Expense) Income The components of Other (expense) income were (in millions): 2023 2022 2021 Interest income $ 9.7 $ 4.4 $ 1.6 Royalty income 13.2 10.9 10.2 Legacy product liability and environmental charges (18.1) (15.6) (10.6) Non-operating pension and postretirement benefit cost (82.7) (4.7) (63.8) Legal settlement (Note 17) — — 70.0 Other 6.6 3.4 (1.7) Other (expense) income $ (71.3) $ (1.6) $ 5.7

Income Taxes

Income Taxes	12 Months Ended
Income Taxes	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes Selected income tax data (in millions): 2023 2022 2021 Components of Income before income taxes United States $ 794.2 $ 371.3 $ 885.1 Non-United States 814.3 702.3 641.1 Total $ 1,608.5 $ 1,073.6 $ 1,526.2 Components of Income tax provision Current United States $ 221.3 $ 71.6 $ 149.6 Non-United States 160.6 102.9 190.7 State and local 48.7 13.6 25.7 Total current 430.6 188.1 366.0 Deferred United States (84.6) (10.7) (154.7) Non-United States 6.0 (13.0) (19.0) State and local (21.5) (9.9) (10.4) Total deferred (100.1) (33.6) (184.1) Income tax provision $ 330.5 $ 154.5 $ 181.9 Total income taxes paid $ 344.9 $ 340.2 $ 329.3 Income tax liabilities of $175.3 million and $233.7 million related to the U.S. transition tax under the Tax Cuts and Jobs Act of 2017 (the Tax Act) that are payable greater than 12 months from September 30, 2023 and 2022, respectively, are recorded in Other liabilities in the Consolidated Balance Sheet. Furthermore, taxes paid as a result of the transition tax was $31.1 million during the year ended September 30, 2023 and $31.2 million during each of the years ended September 30, 2022 and 2021, respectively, as included in total income taxes paid. Effective Tax Rate Reconciliation The reconciliation between the U.S. federal statutory rate and our effective tax rate was: 2023 2022 2021 Statutory tax rate 21.0 % 21.0 % 21.0 % State and local income taxes 1.5 0.5 1.4 Non-United States taxes (4.7) (5.4) (3.8) Repatriation of foreign earnings 0.9 1.1 0.9 Foreign-derived intangible income (0.6) (0.5) (2.8) Settlements with taxing authorities 0.3 — (1.0) Change in valuation allowance (1) 4.1 (0.5) (1.7) Share-based compensation (0.6) (1.0) (1.1) Research and development tax credit (1.3) (1.0) (0.6) Other (0.1) 0.2 (0.4) Effective income tax rate 20.5 % 14.4 % 11.9 % (1) During fiscal 2021, we reversed our valuation allowance against deferred tax assets associated with the change in fair value of the PTC Shares. This resulted in a decrease to the effective tax rate of 1.7% and no remaining valuation allowance related to PTC Shares, as described further in the table below. During fiscal year 2023, the effective tax rate increased by 4.1% resulting from a valuation allowance recorded on certain deferred tax assets of our Sensia joint venture and tax effects of the related goodwill impairment. We operate in certain non-U.S. tax jurisdictions under government-sponsored tax incentive programs, which may be extended if certain additional requirements are met. The program, which generates the primary benefit has been extended to expire in 2032. The tax benefit attributable to these programs was $62.1 million ($0.54 per diluted share) in 2023, $58.3 million ($0.50 per diluted share) in 2022, and $61.2 million ($0.52 per diluted share) in 2021. Deferred Taxes The tax effects of temporary differences that give rise to our net deferred income tax assets (liabilities) consists of (in millions): 2023 2022 Deferred income tax assets Compensation and benefits $ 35.0 $ 26.7 Inventory 15.5 10.4 Returns, rebates, and incentives 75.1 61.7 Retirement benefits 85.4 80.7 Environmental remediation and other site-related costs 23.6 23.6 Share-based compensation 22.7 21.5 Other accruals and reserves 333.3 249.9 Net operating loss carryforwards 60.8 85.2 Tax credit carryforwards 9.2 19.3 Capital loss carryforwards 14.4 13.0 Other 48.1 10.7 Subtotal 723.1 602.7 Valuation allowance (89.1) (23.1) Net deferred income tax assets 634.0 579.6 Deferred income tax liabilities Property (44.1) (36.9) Intangible assets (144.8) (149.8) Investments — (26.0) Unremitted earnings of foreign subsidiaries (27.2) (20.0) Other (1.8) (2.1) Deferred income tax liabilities (217.9) (234.8) Total net deferred income tax assets $ 416.1 $ 344.8 We provide for deferred taxes on the majority of earnings of our non-U.S. subsidiaries and have done so since the enactment of the Tax Act in 2017. We do not provide for deferred taxes on a limited number of our non-U.S. subsidiaries established in jurisdictions that apply significant restrictions for repatriating cash. The amount of cumulative non-distributed earnings considered to be indefinitely reinvested outside the U.S. at September 30, 2023, is $125.8 million. It is not practicable to estimate the amount of additional taxes that may be payable upon distribution of these earnings. We believe it is more likely than not that we will realize our deferred tax assets through the reduction of future taxable income, other than for the deferred tax assets reflected below. Tax attributes and related valuation allowances at September 30, 2023 consists of (in millions): Tax attributes and related valuation allowances Tax Benefit Amount Valuation Allowance Carryforward Non-United States net operating loss carryforward $ 5.9 $ 2.5 2024 - 9/30/2030 Non-United States net operating loss carryforward 46.1 39.3 Indefinite Non-United States capital loss carryforward 14.4 14.4 Indefinite United States credit carryforward 0.9 — 2030 - 2041 United States net operating loss carryforward 0.1 — 2024 - 2036 State and local net operating loss carryforward 8.7 1.0 2024 - 2040 State tax credit carryforward 8.3 — 2024 - 2037 Subtotal 84.4 57.2 Other deferred tax assets 31.9 31.9 Indefinite Total $ 116.3 $ 89.1 Unrecognized Tax Benefits A reconciliation of our gross unrecognized tax benefits, excluding interest and penalties, is as follows (in millions): 2023 2022 2021 Gross unrecognized tax benefits balance at beginning of year $ 3.9 $ 4.3 $ 25.5 Additions based on tax positions related to the current year 3.9 0.1 0.1 Additions based on tax positions related to prior years 3.2 — 0.4 Reductions related to settlements with taxing authorities (1.0) (0.5) (18.1) Reductions related to lapses of statute of limitations (0.2) — (3.6) Gross unrecognized tax benefits balance at end of year $ 9.8 $ 3.9 $ 4.3 The amount of gross unrecognized tax benefits that would reduce our effective tax rate if recognized was $9.8 million, $3.9 million, and $4.3 million at September 30, 2023, 2022, and 2021, respectively. Accrued interest and penalties related to unrecognized tax benefits were $0.9 million, $1.4 million, $1.5 million at September 30, 2023, 2022, and 2021 respectively. We recognize interest and penalties related to unrecognized tax benefits in the income tax provision. Benefits recognized in 2023, 2022, and 2021 were $0.5 million, $0.0 million, and $2.5 million, respectively. We believe it is reasonably possible that the amount of gross unrecognized tax benefits could be reduced by up to $2.3 million in the next 12 months as a result of the resolution of tax matters in various global jurisdictions and the lapses of statutes of limitations. If all of the unrecognized tax benefits were recognized, the net reduction to our income tax provision, including the recognition of interest and penalties and offsetting tax assets, could be up to $3.1 million.

Commitments and Contingent Liab

Commitments and Contingent Liabilities	12 Months Ended
Commitments and Contingent Liabilities	Sep. 30, 2023
Commitments and Contingencies Disclosure [Abstract]
Commitments and Contingent Liabilities	Commitments and Contingent Liabilities Environmental Matters Federal, state, and local requirements relating to the discharge of substances into the environment, the disposal of hazardous wastes, and other activities affecting the environment have and will continue to have an effect on our manufacturing operations. Thus far, compliance with environmental requirements and resolution of environmental claims have been accomplished without material effect on our business, financial condition, or results of operations. We have been designated as a potentially responsible party at 14 Superfund sites, excluding sites as to which our records disclose no involvement or as to which our potential liability has been finally determined and assumed by third parties. In addition, various other lawsuits, claims, and proceedings have been asserted against us seeking remediation of alleged environmental impairments, principally at previously owned properties. Based on our assessment, we believe that our expenditures for environmental capital investment and remediation necessary to comply with present regulations governing environmental protection and other expenditures for the resolution of environmental claims will not have a material effect on our business, financial condition, or results of operations. We cannot assess the possible effect of compliance with future requirements. Environmental remediation cost liabilities, net of related expected recoveries, were $44.5 million and $46.0 million as of September 30, 2023 and 2022, respectively. Conditional Asset Retirement Obligations We accrue for costs related to a legal obligation associated with the retirement of a tangible long-lived asset that results from the acquisition, construction, development, or the normal operation of the long-lived asset. The obligation to perform the asset retirement activity is not conditional even though the timing or method may be conditional. Identified conditional asset retirement obligations include asbestos abatement and remediation of soil contamination beneath current and previously divested facilities and lease restoration costs. We estimate conditional asset retirement obligations using site-specific knowledge and historical industry expertise. There have been no significant changes in liabilities incurred, liabilities settled, accretion expense, or revisions in estimated cash flows for the years ended September 30, 2023, 2022, and 2021. Conditional asset retirement obligations, net of related expected recoveries, were $38.8 million and $24.6 million as of September 30, 2023 and 2022, respectively. Other Matters Various other lawsuits, claims, and proceedings have been or may be instituted or asserted against us relating to the conduct of our business, including those pertaining to product liability, environmental, safety and health, intellectual property, employment, and contract matters. Although the outcome of litigation cannot be predicted with certainty and some lawsuits, claims, or proceedings may be disposed of unfavorably to us, we believe the disposition of matters that are pending or have been asserted will not have a material effect on our business, financial condition, or results of operations. The following outlines additional background for obligations associated with asbestos, divested businesses, and intellectual property. We (including our subsidiaries) have been named as a defendant in lawsuits alleging personal injury as a result of exposure to asbestos that was used in certain components of our products many years ago, including products from divested businesses for which we have agreed to defend and indemnify claims. Currently there are lawsuits that name us as defendants, together with hundreds of other companies. But in all cases, for those claimants who do show that they worked with our products or products of divested businesses for which we are responsible, we nevertheless believe we have meritorious defenses, in substantial part due to the integrity of the products, the encapsulated nature of any asbestos-containing components, and the lack of any impairing medical condition caused by our products. We defend those cases vigorously. Historically, we have been dismissed from the vast majority of these claims with no payment to claimants. Additionally, we have maintained insurance coverage that includes indemnity and defense costs, over and above self-insured retentions, for many of these claims. We believe these arrangements will provide substantial coverage for future defense and indemnity costs for these asbestos claims for many years into the future. The uncertainties of asbestos claim litigation make it difficult to predict accurately the ultimate outcome of asbestos claims. That uncertainty is increased by the possibility of adverse rulings or new legislation affecting asbestos claim litigation or the settlement process. Subject to these uncertainties and based on our experience defending asbestos claims, we do not believe these lawsuits will have a material effect on our business, financial condition, or results of operations. Asbestos liabilities, net of related insurance coverage, were $20.0 million and $14.3 million as of September 30, 2023 and 2022, respectively. We have, from time to time, divested certain of our businesses. In connection with these divestitures, certain lawsuits, claims, and proceedings may be instituted or asserted against us related to the period that we owned the businesses, either because we agreed to retain certain liabilities related to these periods or because such liabilities fall upon us by operation of law. In some instances the divested business has assumed the liabilities; however, it is possible that we might be responsible to satisfy those liabilities if the divested business is unable to do so. We do not believe these liabilities will have a material effect on our business, financial condition, or results of operations. In many countries we provide a limited intellectual property indemnity as part of our terms and conditions of sale and at times in other contracts with third parties. As of September 30, 2023, we were not aware of any material indemnification claims that were probable or reasonably possible of an unfavorable outcome. Historically, claims that have been made under the indemnification agreements have not had a material impact on our business, financial condition, or results of operations; however, to the extent that valid indemnification claims arise in the future, future payments by us could be significant and could have a material adverse effect on our business, financial condition, or results of operations in a particular period. During the first quarter of fiscal 2021, we reached a favorable settlement agreement regarding litigation of a trademark infringement and false advertising matter and received $70 million. The settlement gain is recorded in Other (expense) income in the Consolidated Statement of Operations.

Leases

Leases	12 Months Ended
Leases	Sep. 30, 2023
Leases [Abstract]
Leases	Leases We have operating leases primarily for real estate, vehicles, and equipment. We have finance leases primarily for equipment. Our leases have remaining lease terms from less than one year to approximately 15 years. We elected the package of practical expedients permitted under the transition guidance within the new standard on accounting for leases, which allows the Company to carry forward the historical assessments of whether contracts are, or contain, leases, lease classification, and initial direct costs. We also elected to not record lease ROU assets or lease liabilities for leases with an original term of 12 months or less. We elected to use the remaining lease term for purposes of calculating the incremental borrowing rate upon transition. The components of lease expense were (in millions): 2023 2022 2021 Operating lease expense (1) $ 100.2 $ 103.6 $ 109.8 Variable lease expense (2) 18.8 16.6 15.8 Finance lease expense Amortization of right-of-use assets 5.2 6.9 1.7 Interest on lease liabilities 0.3 0.6 0.4 Total lease expense $ 124.5 $ 127.7 $ 127.7 (1) Operating lease expense includes short-term lease expense, which was not material. (2) Variable lease expense includes sublease income, which was not material. Supplemental balance sheet information related to leases consists of: 2023 2022 Weighted average remaining lease term Operating leases 5.8 years 6.3 years Finance leases 1.6 years 3.0 years Weighted average discount rate Operating leases 3.03 % 2.07 % Finance leases 3.27 % 2.04 % Undiscounted maturities of lease liabilities as of September 30, 2023, were (in millions): Finance Leases Operating Leases 2024 $ 7.0 $ 93.5 2025 3.4 82.9 2026 — 64.4 2027 — 49.1 2028 — 35.4 Thereafter — 73.9 Total undiscounted lease payments $ 10.4 $ 399.2 Less: Imputed interest (0.3) (30.5) Total lease liabilities $ 10.1 $ 368.7 As of September 30, 2023, we have additional operating leases for facilities that have not yet commenced with undiscounted lease obligations of approximately $52.1 million. These leases will commence in fiscal 2024. Supplemental cash flow information related to leases consists of (in millions): 2023 2022 2021 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 101.7 $ 102.9 $ 108.5 Operating cash flows from finance leases 0.3 0.6 0.4 Financing cash flows from finance leases 5.5 8.8 1.8 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 93.3 $ 63.4 $ 90.6 Financing leases — 11.8 0.9

Business Segment Information

Business Segment Information	12 Months Ended
Business Segment Information	Sep. 30, 2023
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information We determine our operating segments based on the information used by our chief operating decision maker, our Chief Executive Officer, to allocate resources and assess performance. We organize our business into three operating segments: Intelligent Devices, Software & Control, and Lifecycle Services. This structure emphasizes our essential offerings, leverages our sharpened industry focus, and recognizes the growing importance of software in delivering value to our customers. The composition of our segments is as follows: Intelligent Devices The Intelligent Devices operating segment combines a comprehensive portfolio of smart products that create the foundation of an agile, resilient, and sustainable production system. This comprehensive portfolio includes: • Power Control - Low and medium voltage variable frequency drives as well as low and medium voltage motor control; • Motion Control - Servo drives, rotary servo motors, linear actuators, and independent cart technologies offering a comprehensive portfolio of servo control technologies; • Safety, Sensing, & Industrial Components - Safety devices, sensing devices, motor control and circuit protection devices, operator devices, signaling devices, relays, and electrical control accessories; and • Micro Control & Distributed I/O - Micro programmable logic controllers and distributed input/output platforms. Software & Control The Software & Control operating segment contains a comprehensive portfolio of production automation and production operations platforms, including hardware and software. This integrated portfolio is merging information technology (IT) and operational technology (OT), bringing the benefits of the Connected Enterprise to the production system. Our production automation portfolio is multi-discipline and scalable with the ability to handle applications in discrete, batch/hybrid and continuous process, drives control, motion and robotics control, machine safety and process safety. Our products include programmable automation controllers, design, visualization and simulation software, human machine interface products, industrial computers, machine safety and process safety products, industrial networks, and security products. Our production operations portfolio helps industrial clients to plan, execute, manage, and optimize their production leveraging industrial data and software. Our software products include manufacturing execution systems, performance, quality, supply chain management, data management, edge, analytics, and machine learning software that enables customers to improve operational productivity and meet regulatory requirements. These solutions enable enterprise visibility, reduction of unplanned downtime, and optimization of processes. Lifecycle Services The Lifecycle Services operating segment contains a complete portfolio of professionally delivered services and annually recurring managed support contracts. This comprehensive portfolio combines technology and domain expertise to help maximize customers’ investment and provide total lifecycle support as they innovate, design, operate, and sustain their business investments. This includes: • consulting services including cybersecurity and digital transformation strategy and design; • professional services including global automation and information program and project management and delivery capabilities; • connected services including operational technology/plant network, cloud, predictive/prescriptive analytics, remote support, and managed services; • field services including asset management, on-site support, and safety; • workforce services including instructor-led and virtual training, learning, and enablement; • industrial automation and information solutions and custom-engineered systems that incorporate our own and third-party hardware and software products; and • Sensia Joint Venture, which exclusively serves the oil, gas, and petrochemical industry through a combination of connected products and digital automation services and solutions. Sales and operating results of our reportable segments were (in millions): 2023 2022 2021 Sales Intelligent Devices $ 4,098.2 $ 3,544.6 $ 3,311.9 Software & Control 2,886.0 2,312.9 1,947.0 Lifecycle Services 2,073.8 1,902.9 1,738.5 Total $ 9,058.0 $ 7,760.4 $ 6,997.4 Segment operating earnings Intelligent Devices $ 828.2 $ 717.6 $ 702.1 Software & Control 953.2 666.7 531.0 Lifecycle Services 148.4 158.3 158.2 Total 1,929.8 1,542.6 1,391.3 Purchase accounting depreciation and amortization, and impairment (264.4) (103.9) (55.1) Corporate and other (127.9) (104.7) (120.6) Non-operating pension and postretirement benefit cost (82.7) (4.7) (63.8) Change in fair value of investments 279.3 (136.9) 397.4 Legal settlement — — 70.0 Interest expense, net (125.6) (118.8) (93.0) Income before income taxes $ 1,608.5 $ 1,073.6 $ 1,526.2 Among other considerations, we evaluate performance and allocate resources based upon segment operating earnings before purchase accounting depreciation and amortization, impairment, corporate and other, non-operating pension and postretirement benefit cost, change in fair value of investments, the $70 million legal settlement in fiscal 2021, interest expense, net, and income tax provision. Depending on the product, intersegment sales within a single legal entity are either at cost or cost plus a mark-up, which does not necessarily represent a market price. Sales between legal entities are at an appropriate transfer price. We allocate costs related to shared segment operating activities to the segments consistent with the methodology used by management to assess segment performance. The following tables summarize the identifiable assets at September 30, 2023, 2022, and 2021, and the provision for depreciation and amortization and the amount of capital expenditures for property for the years then ended, for each of the reportable segments and Corporate (in millions): 2023 2022 2021 Identifiable assets Intelligent Devices $ 2,676.2 $ 2,070.0 $ 2,143.3 Software & Control 4,240.7 3,887.6 4,000.4 Lifecycle Services 1,835.8 1,968.4 2,124.3 Corporate 2,551.3 2,832.7 2,433.6 Total $ 11,304.0 $ 10,758.7 $ 10,701.6 Depreciation and amortization Intelligent Devices $ 49.7 $ 45.8 $ 48.6 Software & Control 55.8 47.0 49.1 Lifecycle Services 35.5 40.5 35.3 Corporate 2.5 1.7 1.7 Total 143.5 135.0 134.7 Purchase accounting depreciation and amortization 106.9 103.9 55.1 Total $ 250.4 $ 238.9 $ 189.8 Capital expenditures for property Intelligent Devices $ 60.7 $ 45.6 $ 52.0 Software & Control 40.2 29.7 30.4 Lifecycle Services 23.7 32.9 19.6 Corporate 35.9 32.9 18.3 Total $ 160.5 $ 141.1 $ 120.3 Identifiable assets at Corporate consist principally of cash, net deferred income tax assets, prepaid pension, and property. Property shared by the segments and used in operating activities is also reported in Corporate identifiable assets and Corporate capital expenditures. Corporate identifiable assets include shared net property balances of $240.9 million, $205.8 million, and $275.8 million at September 30, 2023, 2022, and 2021, respectively, for which depreciation expense has been allocated to segment operating earnings based on the expected benefit to be realized by each segment. Corporate capital expenditures in 2023, 2022, and 2021, primarily consist of property that will be shared by our operating segments. We conduct a significant portion of our business activities outside the United States. The following tables present sales and property by geographic region (in millions): Sales Property 2023 2022 2021 2023 2022 2021 North America $ 5,224.0 $ 4,722.0 $ 4,132.8 $ 478.8 $ 430.7 $ 416.1 Europe, Middle East and Africa 1,870.6 1,437.6 1,405.7 116.4 78.9 91.1 Asia Pacific 1,358.0 1,088.0 1,012.2 66.2 58.6 54.8 Latin America 605.4 512.8 446.7 22.8 18.3 19.9 Total $ 9,058.0 $ 7,760.4 $ 6,997.4 $ 684.2 $ 586.5 $ 581.9 We attribute sales to the geographic regions based on the country of destination. Sales in North America include $4,773.2 million, $4,315.5 million, and $3,740.2 million related to the U.S. in 2023, 2022, and 2021, respectively.

Valuation and Qualifying Accoun

Valuation and Qualifying Accounts	12 Months Ended
Valuation and Qualifying Accounts	Sep. 30, 2023
SEC Schedule, 12-09, Valuation and Qualifying Accounts [Abstract]
Valuation and Qualifying Accounts	SCHEDULE II ROCKWELL AUTOMATION, INC. VALUATION AND QUALIFYING ACCOUNTS For the Years Ended September 30, 2023, 2022, and 2021 (in millions) Additions Balance at Beginning Charged to Charged to Deductions (2) Balance at Description Year ended September 30, 2023 Allowance for doubtful accounts (1) $ 13.1 $ 8.5 $ 0.2 $ 5.0 $ 16.8 Valuation allowance for deferred tax assets (3) 23.1 66.4 1.5 1.9 89.1 Year ended September 30, 2022 Allowance for doubtful accounts (1) $ 13.2 $ 4.7 $ — $ 4.8 $ 13.1 Valuation allowance for deferred tax assets 32.6 3.4 1.1 14.0 23.1 Year ended September 30, 2021 Allowance for doubtful accounts (1) $ 15.2 $ 3.1 $ 0.4 $ 5.5 $ 13.2 Valuation allowance for deferred tax assets 58.0 5.4 1.5 32.3 32.6 (1) Includes allowances for current and other long-term receivables. (2) Consists of amounts written off for the allowance for doubtful accounts and adjustments resulting from our ability to utilize foreign tax credits, capital losses, or net operating loss carryforwards for which a valuation allowance had previously been recorded.

Subsequent Event

Subsequent Event	12 Months Ended
Subsequent Event	Sep. 30, 2023
Subsequent Events [Abstract]
Subsequent Event	Subsequent Events Clearpath Robotics, Inc . On October 2, 2023, we acquired Clearpath Robotics, Inc., (Clearpath) a company that specializes in autonomous robotics for industrial applications, headquartered in Ontario, Canada for approximately $565 million of cash and up to $50 million of contingent consideration. As of the acquisition date, we will record a preliminary purchase price allocation for the assets acquired and liabilities assumed in connection with the acquisition based on their estimated fair values as of the acquisition date. We expect to allocate a significant portion of the purchase price to goodwill and intangible assets. We will assign the full amount of goodwill to our Intelligent Devices segment. We do not expect the goodwill to be deductible for tax purposes. Verve Industrial Protection On November 1, 2023, we acquired Verve Industrial Protection, a cybersecurity software and services company that focuses specifically on industrial environments, for a total purchase consideration, net of cash acquired, of approximately $185 million. As of the acquisition date, we will record a preliminary purchase price allocation for the assets acquired and liabilities assumed in connection with the acquisition based on their estimated fair values as of the acquisition date. We expect to allocate a significant portion of the purchase price to goodwill and intangible assets. We will assign the full amount of goodwill to our Lifecycle Services segment. We expect the goodwill to be deductible for tax purposes. We have not completed our analysis of identifying and estimating the fair value of contingent consideration for the Clearpath acquisition and identifiable intangible assets acquired for both acquisitions. The measurement period for the valuation of net assets acquired ends as soon as information on the facts and circumstances that existed as of the acquisition date becomes available, but not to exceed 12 months following the acquisition date. Adjustments in purchase price allocations may require a change in the amounts allocated to net assets acquired during the periods in which the adjustments are determined.

Pay vs Performance Disclosure

Pay vs Performance Disclosure - USD ($) $ in Millions	12 Months Ended
Pay vs Performance Disclosure - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Pay vs Performance Disclosure
Net income attributable to Rockwell Automation, Inc.	$ 1,387.4	$ 932.2	$ 1,358.1

Insider Trading Arrangements

Insider Trading Arrangements	3 Months Ended
Insider Trading Arrangements	Sep. 30, 2023
Trading Arrangements, by Individual
Rule 10b5-1 Arrangement Adopted	false
Non-Rule 10b5-1 Arrangement Adopted	false
Rule 10b5-1 Arrangement Terminated	false
Non-Rule 10b5-1 Arrangement Terminated	false

Basis of Presentation and Acc_2

Basis of Presentation and Accounting Policies (Policies)	12 Months Ended
Basis of Presentation and Accounting Policies (Policies)	Sep. 30, 2023
Accounting Policies [Abstract]
Principles of Consolidation	Principles of Consolidation The accompanying consolidated financial statements include the accounts of the Company and its wholly-owned and controlled majority-owned subsidiaries. Intercompany accounts and transactions have been eliminated in consolidation. Investments in affiliates over which we do not have control but exercise significant influence are accounted for using the equity method of accounting. These affiliated companies are not material individually or in the aggregate to our financial position, results of operations, or cash flows.
Use of Estimates	Use of Estimates The preparation of consolidated financial statements in accordance with U.S. GAAP requires us to make estimates and assumptions that affect the reported amounts of assets and liabilities at the date of the consolidated financial statements and revenues and expenses during the periods reported. Actual results could differ from those estimates. We use estimates in accounting for, among other items, customer returns, rebates, and incentives; allowance for doubtful accounts; excess and obsolete inventory; share-based compensation; acquisitions, including consolidation and intangible assets; goodwill impairment; product warranty obligations; capitalization of internal-use software; retirement benefits; litigation, claims, and contingencies, including environmental and asbestos matters, conditional asset retirement obligations, and contractual indemnifications; leases; and income taxes. We account for changes to estimates and assumptions prospectively when warranted by factually-based experience.
Revenue Recognition	Revenue Recognition See Note 2 for our revenue recognition policy under Accounting Standards Codification (ASC) 606. Returns, Rebates, and Incentives Our primary incentive program provides distributors with cash rebates or account credits based on agreed amounts that vary depending on the customer to whom our distributor ultimately sells the product. We also offer various other incentive programs that provide distributors and direct sale customers with cash rebates, account credits, or additional hardware and software products, solutions, and services based on meeting specified program criteria. Certain distributors are offered a right to return product, subject to contractual limitations. We record accruals for customer returns, rebates, and incentives at the time of revenue recognition based primarily on historical experience. Returns are presented on the Consolidated Balance Sheet as a right of return asset and refund liability. Incentives in the form of rebates are estimated at the individual customer level and are recorded as a reduction of sales. Customer incentives for additional hardware and software products, solutions, and services to be provided are considered distinct performance obligations. As such, we allocate revenue to them based on relative standalone selling price. Until the incentive is redeemed, the revenue is recorded as a contract liability. Taxes on Revenue Producing Transactions Taxes assessed by governmental authorities on revenue producing transactions, including sales, value added, excise, and use taxes, are recorded on a net basis (excluded from revenue).
Cash and Cash Equivalents	Cash and Cash Equivalents Cash, cash equivalents, and restricted cash include time deposits, certificates of deposit, and other fixed income securities with original maturities of three months or less at the time of purchase.
Receivables	ReceivablesWe record an allowance for doubtful accounts based on customer-specific analysis and general matters such as current assessments of past due balances and economic conditions.
Inventories	Inventories Inventories are recorded at the lower of cost or market using the first-in, first-out (FIFO) or average cost methods. Market is determined on the basis of estimated realizable values.
Investments	Investments Investments include time deposits, certificates of deposit, other fixed income securities, and equity securities. Investments with original maturities longer than three months at the time of purchase and less than one year from period end are classified as short-term. All other investments are classified as long-term. Fixed income securities meeting the definition of a security are accounted for as available-for-sale and recorded at fair value. Equity securities with a readily determinable fair value are recorded at fair value. Equity securities that do not have a readily determinable fair value, which we account for using the measurement alternative under U.S. GAAP, are recorded at the investment cost, less impairment, plus or minus observable price changes (in orderly transactions) of an identical or similar investment of the same issuer. All other investments are recorded at cost, which approximates fair value.
Property	PropertyProperty, including internal-use software and software to provide a service (e.g. SaaS arrangements), is recorded at cost. Equipment under finance leases are stated at the present value of minimum lease payments. We calculate depreciation of property using the straight-line method over 3 to 40 years for buildings and improvements, 3 to 20 years for machinery and equipment, and 3 to 10 years for computer hardware and internal-use software. We capitalize significant renewals and enhancements and write off replaced units. Implementation costs incurred in a cloud computing arrangement that is a service contract are recorded in Other current assets and Other assets on the Consolidated Balance Sheet and are amortized over the expected service period. We expense maintenance and repairs, as well as renewals of minor amounts. Property acquired during the year that is accrued within Accounts payable or Other current liabilities at year end is considered to be a non-cash investing activity and is excluded from cash used for capital expenditures in the Consolidated Statement of Cash Flows.
Goodwill and Other Intangible Assets	Goodwill and Other Intangible Assets Goodwill and Other intangible assets generally result from business acquisitions. We account for business acquisitions by allocating the purchase price to tangible and intangible assets acquired and liabilities assumed at their fair values; the excess of the purchase price over the allocated amount is recorded as goodwill. We perform our annual evaluation of goodwill and indefinite life intangible assets for impairment as required under U.S. GAAP during the second quarter of each year, or more frequently if events or circumstances change that would more likely than not reduce the fair value of a reporting unit below its carrying value. Any excess in carrying value over the estimated fair value is charged to results of operations. For our annual evaluation of goodwill, we may perform a qualitative test to determine whether it is more likely than not that the fair value of a reporting unit is less than its carrying amount in order to determine whether it is necessary to perform a quantitative goodwill impairment test. Our reporting units for goodwill evaluation consist of the Intelligent Devices segment, the Software & Control segment, the Lifecycle Services segment (excluding Sensia), and Sensia. When performing the quantitative goodwill impairment test, we determine the fair value of each reporting unit under a combination of an income approach derived from discounted cash flows and a market multiples approach using selected comparable public companies. Significant assumptions used in the income approach include: management’s forecasted cash flows, including estimated future revenue growth rates and margins, discount rate, and terminal value. Forecasts of future revenue growth and margins are based on management’s best estimates. Actual results and forecasts of revenue growth and margins for our Sensia reporting unit may be impacted by its concentration within the Oil & Gas industry and with its customer base. Demand for Sensia hardware and software products, solutions, and services is sensitive to industry volatility and risks, including those related to commodity prices, supply and demand dynamics, production costs, geological activity, and political activities. The discount rate is determined using a weighted average cost of capital adjusted for risk factors specific to the reporting unit, including risks associated with our above market revenue growth assumptions, historical performance, and industry-specific and economic factors. The terminal value is estimated following the common methodology of calculating the present value of estimated perpetual cash flow beyond the last projected period assuming constant discount and long-term growth rates. Significant assumptions used in the market multiples approach include selection of the comparable public companies and calculation of the appropriate market multiples. We amortize all intangible assets with finite useful lives on a straight-line basis over their estimated useful lives. Useful lives assigned range from 3 to 15 years for trademarks, 8 to 20 years for customer relationships, 4 to 17 years for technology, and 3 to 30 years for other intangible assets. Intangible assets also include costs of on-premise software developed or purchased by our software business to be sold, leased, or otherwise marketed. Amortization of these computer software products is calculated on a product-by-product basis as the greater of (a) the unamortized cost at the beginning of the year times the ratio of the current year gross revenue for a product to the total of the current and anticipated future gross revenue for that product or (b) the straight-line amortization over the remaining estimated economic life of the product.
Impairment of Long-Lived Assets	Impairment of Long-Lived Assets We evaluate the recoverability of the recorded amount of long-lived assets, including property, operating lease right-of-use assets, capitalized implementation costs of a cloud computing arrangement, and other intangible assets, whenever events or changes in circumstances indicate that the recorded amount of an asset may not be fully recoverable. Impairment is assessed when the undiscounted expected future cash flows derived from an asset are less than its carrying amount. If we determine that an asset is impaired, we measure the impairment to be recognized as the amount by which the recorded amount of the asset exceeds its fair value. We report assets to be disposed of at the lower of the recorded amount or fair value less cost to sell. We determine fair value using a discounted future cash flow analysis.
Derivative Financial Instruments	Derivative Financial Instruments We use derivative financial instruments in the form of foreign currency forward exchange contracts to manage certain foreign currency risks. We enter into these contracts to hedge our exposure to foreign currency exchange rate variability in the expected future cash flows associated with certain third-party and intercompany transactions denominated in foreign currencies forecasted to occur within the next two years. We also use these contracts to hedge portions of our net investments in certain non-U.S. subsidiaries against the effect of exchange rate fluctuations on the translation of foreign currency balances to the U.S. dollar. Additionally, we use derivative financial instruments in the form of interest rate swap contracts to manage our borrowing costs of certain long-term debt and use treasury locks to manage the potential change in interest rates in anticipation of issuance of fixed rate debt. We designate and account for these derivative financial instruments as hedges under U.S. GAAP. Furthermore, we use foreign currency forward exchange contracts that are not designated as hedges to offset transaction gains or losses associated with some of our assets and liabilities resulting from intercompany loans or other transactions with third parties that are denominated in currencies other than our entities’ functional currencies. It is our policy to execute such instruments with global financial institutions that we believe to be creditworthy and not to enter into derivative financial instruments for speculative purposes. Foreign currency forward exchange contracts are usually denominated in currencies of major industrial countries.
Fair Value of Financial Instruments	Fair Value of Financial Instruments We record various financial instruments at fair value. U.S. GAAP defines fair value as the price that would be received for an asset or paid to transfer a liability (exit price) in an orderly transaction between market participants in the principal or most advantageous market for the asset or liability. U.S. GAAP also classifies the inputs used to measure fair value into the following hierarchy: Level 1: Quoted prices in active markets for identical assets or liabilities. Level 2: Quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability. Level 3: Unobservable inputs for the asset or liability. We hold financial instruments consisting of cash and short-term debt. The fair values of our cash and short-term debt approximate their carrying amounts as reported in our Consolidated Balance Sheet due to the short-term nature of these instruments. We also hold financial instruments consisting of long-term debt, investments, and derivatives. The valuation methodologies for these financial instruments are described in Notes 7, 10, 11, and 14. We also determine fair value assessments in conjunction with intangible valuations of acquisitions and our annual impairment testing of goodwill and indefinite lived intangible assets. The valuation methodologies for these assets are described in Notes 3 and 4. The methods described in these Notes may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while we believe our valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date.
Foreign Currency Translation	Foreign Currency Translation We translate assets and liabilities of subsidiaries operating outside of the United States with a functional currency other than the U.S. dollar into U.S. dollars using exchange rates at the end of the respective period. We translate sales, costs, and expenses at average exchange rates effective during the respective period. We report foreign currency translation adjustments as a component of Other comprehensive income (loss). Currency transaction gains and losses are included in results of operations in the period incurred.
Research and Development Expenses	Research and Development ExpensesWe expense research and development (R&D) costs as incurred;
Income Taxes	Income Taxes We account for uncertain tax positions by determining whether it is more likely than not that a tax position will be sustained upon examination based on the technical merits of the position. For tax positions that meet the more likely than not recognition threshold, we determine the amount of benefit to recognize in the Consolidated Financial Statements based on our assertion of the most likely outcome resulting from an examination, including the resolution of any related appeals or litigation processes.
Earnings Per Share	Earnings Per Share We present basic and diluted earnings per share (EPS) amounts. Basic EPS is calculated by dividing earnings available to common shareowners, which is income excluding the allocation to participating securities, by the weighted average number of common shares outstanding during the year, excluding restricted stock. Diluted EPS amounts are based upon the weighted average number of common and common-equivalent shares outstanding during the year. We use the treasury stock method to calculate the effect of outstanding share-based compensation awards, which requires us to compute total employee proceeds as the sum of the amount the employee must pay upon exercise of the award and the amount of unearned share-based compensation costs attributed to future services. Share-based compensation awards for which the total employee proceeds of the award exceed the average market price of the same award over the period have an antidilutive effect on EPS, and accordingly, we exclude them from the calculation. Antidilutive share-based compensation awards for the years ended September 30, 2023 (0.4 million shares), 2022 (0.4 million shares), and 2021 (0.2 million shares), were excluded from the diluted EPS calculation. U.S. GAAP requires unvested share-based payment awards that contain non-forfeitable rights to dividends or dividend equivalents, whether paid or unpaid, to be treated as participating securities and included in the computation of EPS pursuant to the two-class method. Our participating securities are composed of restricted stock and non-employee director restricted stock units.
Share-Based Compensation	Share-Based CompensationWe recognize share-based compensation expense for equity awards on a straight-line basis over the service period of the award based on the fair value of the award as of the grant date.
Product and Workers' Compensation Liabilities	Product and Workers’ Compensation Liabilities We record accruals for product and workers’ compensation claims in the period in which they are probable and reasonably estimable. Our principal self-insurance programs include product liability and workers’ compensation where we self-insure up to a specified dollar amount. Claims exceeding this amount up to specified limits are covered by insurance policies purchased from commercial insurers. We estimate the liability for the majority of the self-insured claims using our claims experience for the periods being valued.
Environmental Matters and Conditional Asset Retirement Obligations	Environmental and Asbestos Matters We record liabilities for environmental and asbestos matters in the period in which our responsibility is probable and the costs can be reasonably estimated. We make changes to the liabilities in the periods in which the estimated costs of remediation change. At third-party environmental sites where more than one potentially responsible party has been identified, we record a liability for our estimated allocable share of costs related to our involvement with the site, as well as an estimated allocable share of costs related to the involvement of insolvent or unidentified parties. If we determine that recovery from insurers or other third parties is probable and a right of set off exists, we record the liability net of the estimated recovery. If we determine that recovery from insurers or other third parties is probable but a right of set off does not exist, we record a liability for the total estimated costs of remediation and a receivable for the estimated recovery. At environmental sites where we are the sole responsible party, we record a liability for the total estimated costs of remediation. Ongoing operating and maintenance expenditures included in our environmental remediation obligations are discounted to present value over the probable future remediation period. Our remaining environmental remediation obligations are undiscounted due to subjectivity of timing and/or amount of future cash payments. Conditional Asset Retirement Obligations We record liabilities for costs related to legal obligations associated with the retirement of a tangible long-lived asset that results from the acquisition, construction, development, or the normal operation of the long-lived asset. The obligation to perform the asset retirement activity is not conditional even though the timing or method may be conditional.
Leases	Leases We have operating leases primarily for real estate, vehicles, and equipment. We have finance leases primarily for equipment. We determine if a contract is, or contains, a lease at contract inception. A right-of-use (ROU) asset and a corresponding lease liability are recognized at commencement for contracts that are, or contain, a lease with an original term greater than 12 months. ROU assets represent our right to use an underlying asset during the lease term, including periods for which renewal options are reasonably certain to be exercised, and lease liabilities represent our obligation to make lease payments arising from the lease. Operating lease expense is recognized on a straight-line basis over the lease term for leases with an original term of 12 months or less. Amortization expense of the ROU asset for operating and finance leases is recognized on a straight-line basis over the lease term and interest expense for finance leases is recognized based on the incremental borrowing rate. Some leasing arrangements require variable payments that are dependent on usage or may vary for other reasons, such as payments for insurance and tax payments. A portion of our real estate leases is generally subject to annual changes based upon an index. The changes based upon the index are treated as variable lease payments. The variable portion of lease payments is not included in our ROU assets or lease liabilities and is expensed when incurred. We elected to not separate lease and nonlease components of contracts for most underlying asset classes. Accordingly, all expenses associated with a lease contract are accounted for as lease expenses. Lease liabilities are recognized at the contract commencement date based on the present value of remaining lease payments over the lease term. To calculate the lease liabilities we use our incremental borrowing rate. We determine our incremental borrowing rate at the commencement date using our unsecured borrowing rate, adjusted for collateralization and lease term. For leases denominated in a currency other than the U.S. dollar, the collateralized borrowing rate in the foreign currency is determined using the U.S. dollar and foreign currency swap spread. Long-term operating lease liabilities are presented as Operating lease liabilities and current operating lease liabilities are included in Other current liabilities Long-term debt ROU assets are recognized at the contract commencement date at the value of the related lease liability, adjusted for any prepayments, lease incentives received, and initial direct costs incurred. Operating lease ROU assets are presented as Operating lease right-of-use assets and finance lease ROU assets are presented as Property in the Consolidated Balance Sheet. Lease expenses, including amortization of ROU assets, for operating and finance leases are recognized on a straight-line basis over the lease term and recorded in Cost of sales and Selling, general and administrative expenses in the Consolidated Statement of Operations. Interest expense for finance leases is recorded in Interest expense in the Consolidated Statement of Operations.
Recently Adopted Accounting Pronouncements and Recently Issued Accounting Pronouncements	Recently Adopted Accounting Pronouncements In June 2016, the Financial Accounting Standards Board (FASB) issued a new standard that requires companies to utilize a current expected credit losses impairment (CECL) model for certain financial assets, including trade and other receivables. The CECL model requires that estimated expected credit losses, including allowance for doubtful accounts, consider a broader range of information such as economic conditions and expected changes in market conditions. We adopted the new standard as of October 1, 2020. The adoption of this standard did not have a material impact on our Consolidated Financial Statements. In October 2021, the FASB issued a new standard that requires companies to apply Accounting Standards Codification (ASC) 606 to recognize and measure contract assets and contract liabilities in a business combination. We retroactively adopted the new standard as of October 1, 2021. The adoption of this standard did not have a material impact on our Consolidated Financial Statements. Recently Issued Accounting Pronouncements In September 2022, the FASB issued a new standard, which requires the buyer in a supplier finance program to disclose information about the key terms of the program, outstanding confirmed amounts as of the end of the period, a rollforward of such amounts during each annual period, and a description of where in the financial statements outstanding amounts are presented. We will expand our disclosures when we adopt this standard in the first quarter of 2024. We do not expect any other recently issued accounting pronouncements to have a material impact on our Consolidated Financial Statements and related disclosures.
Product Warranty Obligations	Product Warranty ObligationsWe record a liability for product warranty obligations at the time of sale to a customer based upon historical warranty experience. Most of our products are covered under a warranty period that runs for twelve months from either the date of sale or installation. We also record a liability for specific warranty matters when they become known and reasonably estimable.
Fair Value of Derivative Instruments	Fair Value of Derivative Instruments We recognize all derivative financial instruments as either assets or liabilities at fair value in the Consolidated Balance Sheet. We value our forward exchange contracts using a market approach. We use a valuation model based on inputs including forward and spot prices for currency and interest rate curves. We did not change our valuation techniques during fiscal 2023, 2022, or 2021. It is our policy to execute such instruments with major financial institutions that we believe to be creditworthy and not to enter into derivative financial instruments for speculative purposes. We diversify our foreign currency forward exchange contracts among counterparties to minimize exposure to any one of these entities. Our foreign currency forward exchange contracts are usually denominated in curre ncies of major industrial countries. The U.S. dollar-equivalent gross notional amount of our forward exchange contracts totaled $2,254.0 million at September 30, 2023. Currency pairs (buy/sell) comprising the most significant contract notional values were Euro/United States dollar (USD), USD/Canadian dollar, USD/Swiss Franc, and USD/Mexican peso.

Basis of Presentation and Acc_3

Basis of Presentation and Accounting Policies (Tables)	12 Months Ended
Basis of Presentation and Accounting Policies (Tables)	Sep. 30, 2023
Accounting Policies [Abstract]
Schedule of Earnings Per Share, Basic and Diluted	The following table reconciles basic and diluted EPS amounts (in millions, except per share amounts): 2023 2022 2021 Net income attributable to Rockwell Automation, Inc. $ 1,387.4 $ 932.2 $ 1,358.1 Less: Allocation to participating securities (5.9) (2.9) (2.1) Net income available to common shareowners $ 1,381.5 $ 929.3 $ 1,356.0 Basic weighted average outstanding shares 114.8 115.9 116.0 Effect of dilutive securities Stock options 0.7 0.7 1.0 Performance shares 0.1 0.1 0.1 Diluted weighted average outstanding shares 115.6 116.7 117.1 Earnings per share: Basic $ 12.03 $ 8.02 $ 11.69 Diluted $ 11.95 $ 7.97 $ 11.58

Revenue Recognition (Tables)

Revenue Recognition (Tables)	12 Months Ended
Revenue Recognition (Tables)	Sep. 30, 2023
Revenue from Contract with Customer [Abstract]
Disaggregation of Revenue	Year Ended September 30, 2023 Year Ended September 30, 2022 Intelligent Devices Software & Control Lifecycle Services Total Intelligent Devices Software & Control Lifecycle Services Total North America $ 2,409.2 $ 1,794.8 $ 1,020.0 $ 5,224.0 $ 2,223.7 $ 1,542.2 $ 956.1 $ 4,722.0 Europe, Middle East and Africa 829.1 528.0 513.5 1,870.6 629.3 350.4 457.9 1,437.6 Asia Pacific 568.6 393.7 395.7 1,358.0 443.5 291.8 352.7 1,088.0 Latin America 291.3 169.5 144.6 605.4 248.1 128.5 136.2 512.8 Total Company Sales $ 4,098.2 $ 2,886.0 $ 2,073.8 $ 9,058.0 $ 3,544.6 $ 2,312.9 $ 1,902.9 $ 7,760.4
Contract Balances	Below is a summary of our Contract liabilities balance, the portion not expected to be recognized within twelve months is included within Other liabilities in the Consolidated Balance Sheet (in millions): September 30, 2023 September 30, 2022 Balance as of beginning of year $ 541.3 $ 462.5 Balance as of end of period 653.6 541.3

Goodwill and Other Intangible_2

Goodwill and Other Intangible Assets (Tables)	12 Months Ended
Goodwill and Other Intangible Assets (Tables)	Sep. 30, 2023
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill	Changes in the carrying amount of Goodwill were (in millions): Intelligent Devices Software & Control Lifecycle Services Total Balance as of October 1, 2021 $ 543.1 $ 2,447.5 $ 635.3 $ 3,625.9 Acquisition of businesses — — 12.1 12.1 Translation and other (40.1) (48.8) (25.1) (114.0) Balance as of September 30, 2022 $ 503.0 $ 2,398.7 $ 622.3 $ 3,524.0 Acquisition of businesses 74.4 — 36.9 111.3 Impairment — — (157.5) (157.5) Translation and other 18.4 21.4 11.6 51.4 Balance as of September 30, 2023 $ 595.8 $ 2,420.1 $ 513.3 $ 3,529.2 Gross carrying value of Goodwill 595.8 2,420.1 670.8 3,686.7 Accumulated impairment losses — — (157.5) (157.5) Goodwill $ 595.8 $ 2,420.1 $ 513.3 $ 3,529.2
Other Intangible Assets	Other intangible assets consist of (in millions): September 30, 2023 Carrying Accumulated Net Amortized intangible assets Software products $ 100.4 $ 65.1 $ 35.3 Customer relationships 606.1 141.3 464.8 Technology 424.1 173.1 251.0 Trademarks 86.3 29.3 57.0 Other 6.0 5.4 0.6 Total amortized intangible assets 1,222.9 414.2 808.7 Allen-Bradley ® trademark not subject to amortization 43.7 — 43.7 Other intangible assets $ 1,266.6 $ 414.2 $ 852.4 September 30, 2022 Carrying Accumulated Net Amortized intangible assets Software products $ 97.6 $ 57.9 $ 39.7 Customer relationships 582.7 107.2 475.5 Technology 410.8 119.3 291.5 Trademarks 70.4 19.4 51.0 Other 6.4 5.8 0.6 Total amortized intangible assets 1,167.9 309.6 858.3 Allen-Bradley ® trademark not subject to amortization 43.7 — 43.7 Other intangible assets $ 1,211.6 $ 309.6 $ 902.0

Acquisitions (Tables)

Acquisitions (Tables)	12 Months Ended
Acquisitions (Tables)	Sep. 30, 2023
Business Combinations [Abstract]
Schedule of Business Acquisitions, by Acquisition	The preliminary aggregate purchase price allocation is as follows (in millions): Purchase Price Allocation Accounts receivable $ 23.8 Inventories 17.7 Property 27.5 Goodwill 111.3 Other intangible assets 54.1 All other assets acquired 21.0 Total assets acquired 255.4 Less: Other liabilities assumed (12.6) Less: Deferred income taxes (56.6) Net assets acquired, excluding cash $ 186.2 Purchase Consideration Total purchase consideration, net of cash acquired $ 186.2 Purchase Price Allocation Accounts receivable $ 14.8 All other assets 28.3 Goodwill 1,730.0 Intangible assets 531.4 Total assets acquired 2,304.5 Less: Contract liabilities (29.2) Less: Other liabilities assumed (33.4) Less: Deferred income taxes (36.4) Net assets acquired $ 2,205.5 Purchase Consideration Total purchase consideration, net of cash acquired $ 2,205.5 Purchase Price Allocation Accounts receivable $ 6.0 All other assets 15.9 Goodwill 224.8 Intangible assets 69.6 Total assets acquired 316.3 Less: Liabilities assumed (25.5) Less: Deferred income taxes (3.7) Net assets acquired $ 287.1 Purchase Consideration Total purchase consideration, net of cash acquired $ 287.1

Inventories (Tables)

Inventories (Tables)	12 Months Ended
Inventories (Tables)	Sep. 30, 2023
Inventory Disclosure [Abstract]
Inventories	Inventories consist of (in millions): September 30, 2023 2022 Finished goods $ 545.9 $ 325.0 Work in process 395.7 317.3 Raw materials 463.3 411.9 Inventories $ 1,404.9 $ 1,054.2

Property, net (Tables)

Property, net (Tables)	12 Months Ended
Property, net (Tables)	Sep. 30, 2023
Property, Plant and Equipment [Abstract]
Property, net	Property consists of (in millions): September 30, 2023 2022 Land $ 4.6 $ 4.6 Buildings and improvements 434.1 399.0 Machinery and equipment 1,312.7 1,201.6 Internal-use software 569.4 540.7 Construction in progress 191.7 142.9 Total 2,512.5 2,288.8 Less: Accumulated depreciation (1,828.3) (1,702.3) Property, net $ 684.2 $ 586.5

Long-term and Short-term Debt (

Long-term and Short-term Debt (Tables)	12 Months Ended
Long-term and Short-term Debt (Tables)	Sep. 30, 2023
Debt Disclosure [Abstract]
Schedule of Debt	Long-term debt consists of (in millions): September 30, 2023 2022 0.35% notes, payable in August 2023 $ — $ 600.0 2.875% notes, payable in March 2025 306.4 311.0 6.70% debentures, payable in January 2028 250.0 250.0 3.50% notes, payable in March 2029 425.0 425.0 1.75% notes, payable in August 2031 450.0 450.0 6.25% debentures, payable in December 2037 250.0 250.0 4.20% notes, payable in March 2049 575.0 575.0 2.80% notes, payable in August 2061 450.0 450.0 5.20% debentures, payable in January 2098 200.0 200.0 Unamortized discount, capitalized lease obligations and other (34.9) (34.1) Total debt 2,871.5 3,476.9 Less: Current portion (8.6) (609.1) Long-term debt $ 2,862.9 $ 2,867.8
Schedule of Fair Value of Long-term Debt	The following table presents the carrying amounts and estimated fair values of Long-term debt in the Consolidated Balance Sheet (in millions): September 30, 2023 September 30, 2022 Carrying Value Fair Value Carrying Value Fair Value Current portion of long-term debt $ 8.6 $ 8.6 $ 609.1 $ 589.1 Long-term debt 2,862.9 2,442.6 2,867.8 2,485.4

Other Current Liabilities (Tabl

Other Current Liabilities (Tables)	12 Months Ended
Other Current Liabilities (Tables)	Sep. 30, 2023
Other Liabilities Disclosure [Abstract]
Other Current Liabilities	Other current liabilities consist of (in millions): September 30, 2023 2022 Unrealized losses on foreign exchange contracts (Note 11) $ 10.8 $ 31.2 Product warranty obligations (Note 9) 18.3 16.5 Taxes other than income taxes 56.9 65.6 Accrued interest 18.6 18.1 Income taxes payable 248.6 81.1 Operating lease liabilities 83.4 83.3 Other 130.8 107.2 Other current liabilities $ 567.4 $ 403.0

Product Warranty Obligations (T

Product Warranty Obligations (Tables)	12 Months Ended
Product Warranty Obligations (Tables)	Sep. 30, 2023
Product Warranties Disclosures [Abstract]
Changes in Product Warranty Obligations	Changes in product warranty obligations were (in millions): September 30, 2023 2022 Beginning balance $ 16.5 $ 18.0 Warranties recorded at time of sale 14.8 14.5 Adjustments to pre-existing warranties 2.9 (3.6) Settlements of warranty claims (15.9) (12.4) Ending balance $ 18.3 $ 16.5

Investments (Tables)

Investments (Tables)	12 Months Ended
Investments (Tables)	Sep. 30, 2023
Investments, Debt and Equity Securities [Abstract]
Schedule of Investments	Our investments consist of (in millions): September 30, 2023 2022 Fixed income securities $ 0.6 $ 12.6 Equity securities (level 1) — 928.8 Equity securities (other) 96.0 76.4 Other 61.1 50.8 Total investments 157.7 1,068.6 Less: Short-term investments (1) (0.6) (12.6) Long-term investments $ 157.1 $ 1,056.0 (1) Short-term investments are included in Other current assets in the Consolidated Balance Sheet.
Gain (Loss) on Securities	We record gains and losses on investments within the Change in fair value of investments line in the Consolidated Statement of Operations. The gains and losses on investments we recorded for the following periods were (in millions): 2023 2022 2021 Net gain (loss) on equity securities (level 1) $ 281.7 $ (136.4) $ 392.3 Net (loss) gain on equity securities (other) (1.3) 15.1 5.1 Equity method loss on Other investments (1.1) (15.6) — Change in fair value of investments 279.3 (136.9) 397.4 Total net realized gain on equity securities 281.7 44.6 — Total net unrealized (loss) gain on equity securities $ (1.3) $ (165.9) $ 397.4

Derivative Instruments (Tables)

Derivative Instruments (Tables)	12 Months Ended
Derivative Instruments (Tables)	Sep. 30, 2023
Derivative Instruments and Hedging Activities Disclosure [Abstract]
Schedule of Cash Flow Hedges Included in Accumulated Other Comprehensive Income (Loss)	The pre-tax amount of gains (losses) recorded in Other comprehensive income (loss) related to cash flow hedges that would have been recorded in the Consolidated Statement of Operations had they not been so designated was (in millions): 2023 2022 2021 Forward exchange contracts $ 17.2 $ 70.5 $ (10.8) Treasury locks — — (28.0)
Schedule of Cash Flow Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The pre-tax amount of gains (losses) reclassified from Accumulated other comprehensive loss into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges, which offset the related gains and losses on the hedged items during the periods presented, was (in millions): 2023 2022 2021 Sales $ 6.0 $ 0.7 $ 1.9 Cost of sales 33.4 21.8 (25.4) Selling, general and administrative expenses — (0.9) 1.5 Interest expense (3.5) (3.6) (2.3) Total $ 35.9 $ 18.0 $ (24.3)
Schedule of Other Derivatives Not Designated as Hedging Instruments, Statements of Financial Performance and Financial Position, Location	The pre-tax amount of gains (losses) from forward exchange contracts not designated as hedging instruments recognized in the Consolidated Statement of Operations was (in millions): 2023 2022 2021 Cost of sales $ 1.6 $ 0.5 $ (0.2) Other (expense) income (19.2) 38.6 (8.1) Total $ (17.6) $ 39.1 $ (8.3)
Schedule of Derivative Instruments in Statement of Financial Position, Fair Value	The fair value of our derivatives and their location in our Consolidated Balance Sheet were (in millions): Fair Value (Level 2) Derivatives Designated as Hedging Instruments Balance Sheet Location September 30, 2023 September 30, 2022 Forward exchange contracts Other current assets $ 23.5 $ 52.2 Forward exchange contracts Other assets 5.6 8.0 Forward exchange contracts Other current liabilities (2.0) (10.2) Forward exchange contracts Other liabilities (0.7) (1.0) Total $ 26.4 $ 49.0 Fair Value (Level 2) Derivatives Not Designated as Hedging Instruments Balance Sheet Location September 30, 2023 September 30, 2022 Forward exchange contracts Other current assets $ 20.1 $ 59.9 Forward exchange contracts Other current liabilities (8.8) (21.0) Total $ 11.3 $ 38.9 Refer to Note 1 for further information regarding levels in the fair value hierarchy.

Shareowners' Equity (Tables)

Shareowners' Equity (Tables)	12 Months Ended
Shareowners' Equity (Tables)	Sep. 30, 2023
Equity [Abstract]
Schedule of Stockholders Equity	Changes in outstanding common shares are summarized as follows (in millions): 2023 2022 2021 Beginning balance 115.2 116.0 116.2 Treasury stock purchases (1.2) (1.3) (1.1) Common stock issued (including share-based compensation impact) 0.8 0.5 0.9 Ending balance 114.8 115.2 116.0
Schedule of Accumulated Other Comprehensive Income (Loss)	Changes in Accumulated other comprehensive loss attributable to Rockwell Automation by component were (in millions): Pension and other postretirement benefit plan adjustments, net of tax (Note 14) Accumulated currency translation adjustments, net of tax Net unrealized (losses) gains on cash flow hedges, net of tax Total accumulated other comprehensive loss, net of tax Balance as of September 30, 2020 $ (1,271.2) $ (311.5) $ (31.5) $ (1,614.2) Other comprehensive income (loss) before reclassifications 438.9 31.4 (29.2) 441.1 Amounts reclassified from accumulated other comprehensive loss 138.2 — 17.8 156.0 Other comprehensive income (loss) 577.1 31.4 (11.4) 597.1 Balance as of September 30, 2021 $ (694.1) $ (280.1) $ (42.9) $ (1,017.1) Other comprehensive income (loss) before reclassifications 170.7 (184.9) 51.2 37.0 Amounts reclassified from accumulated other comprehensive loss 75.6 — (13.0) 62.6 Other comprehensive income (loss) 246.3 (184.9) 38.2 99.6 Balance as of September 30, 2022 $ (447.8) $ (465.0) $ (4.7) $ (917.5) Other comprehensive (loss) income before reclassifications (49.7) 100.1 12.8 63.2 Amounts reclassified from accumulated other comprehensive loss 90.4 — (26.2) 64.2 Other comprehensive income (loss) 40.7 100.1 (13.4) 127.4 Balance as of September 30, 2023 $ (407.1) $ (364.9) $ (18.1) $ (790.1)
Reclassification of Accumulated Other Comprehensive Income (Loss)	The reclassifications out of Accumulated other comprehensive loss to the Consolidated Statement of Operations were (in millions): Year Ended September 30, Affected Line in the Consolidated Statement of Operations 2023 2022 2021 Pension and other postretirement benefit plan adjustments (1) Amortization of prior service cost (credit) $ 0.1 $ (0.2) $ (4.0) Other (expense) income Amortization of net actuarial (gain) loss (2.1) 60.1 142.5 Other (expense) income Settlement and curtailment charges 123.4 38.6 39.8 Other (expense) income 121.4 98.5 178.3 Income before income taxes (31.0) (22.9) (40.1) Income tax provision $ 90.4 $ 75.6 $ 138.2 Net income attributable to Rockwell Automation, Inc. Net unrealized (gains) losses on cash flow hedges Forward exchange contracts $ (6.0) $ (0.7) $ (1.9) Sales Forward exchange contracts (33.4) (21.8) 25.4 Cost of sales Forward exchange contracts — 0.9 (1.5) Selling, general and administrative expenses Treasury locks related to 2019 and 2021 debt issuances 3.5 3.6 2.3 Interest expense (35.9) (18.0) 24.3 Income before income taxes 9.7 5.0 (6.5) Income tax provision $ (26.2) $ (13.0) $ 17.8 Net income attributable to Rockwell Automation, Inc. Total reclassifications $ 64.2 $ 62.6 $ 156.0 Net income attributable to Rockwell Automation, Inc. (1) These components are included in the computation of net periodic benefit costs. See Note 14 for further information.

Share-Based Compensation (Table

Share-Based Compensation (Tables)	12 Months Ended
Share-Based Compensation (Tables)	Sep. 30, 2023
Share-Based Payment Arrangement [Abstract]
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions	We estimated the fair value of each stock option on the date of grant using the Black-Scholes pricing model and the following assumptions: 2023 2022 2021 Average risk-free interest rate 3.78 % 0.38 % 0.38 % Expected dividend yield 1.82 % 1.28 % 1.73 % Expected volatility 34 % 31 % 31 % Expected term (years) 4.8 4.8 4.9
Schedule of Share-Based Compensation, Stock Options, Activity	A summary of stock option activity for the year ended September 30, 2023, is as follows: Shares Wtd. Avg. Wtd. Avg. Aggregate Outstanding at October 1, 2022 2,246 $ 186.72 Granted 233 259.82 Exercised (539) 165.34 Forfeited (14) 282.78 Canceled (2) 350.76 Outstanding at September 30, 2023 1,924 200.03 5.6 $ 172.9 Exercisable at September 30, 2023 1,554 180.80 4.9 165.4
Schedule of Nonvested Performance-based Units Activity	A summary of performance share activity for the year ended September 30, 2023, is as follows: Shares Wtd. Avg. Outstanding at October 1, 2022 97 $ 354.29 Granted (1) 66 340.77 Adjustment for performance results achieved (2) 22 265.04 Vested and issued (48) 265.04 Forfeited (6) 381.85 Outstanding at September 30, 2023 131 364.57 (1) Performance shares granted assuming achievement of performance goals at target. (2) Adjustments were due to the number of shares vested under fiscal 2020 awards at the end of the three-year performance period ended September 30, 2022, being higher than the target number of shares.
Schedule of Performance Shares Vested	The following table summarizes information about performance shares vested during the years ended September 30, 2023, 2022, and 2021: 2023 2022 2021 Percent payout 177 % 144 % 93 % Shares vested (in thousands) 48 68 31 Total fair value of shares vested (in millions) $ 12.5 $ 23.4 $ 7.4
Schedule of Share-Based Payment Award, Performance-Based Units, Valuation Assumptions	The per share fair value of performance share awards granted during the years ended September 30, 2023, 2022, and 2021, was $340.77, $481.28, and $298.10, respectively, which we determined using a Monte Carlo simulation and the following assumptions: 2023 2022 2021 Average risk-free interest rate 4.08 % 0.94 % 0.19 % Expected dividend yield 1.82 % 1.28 % 1.73 % Expected volatility 39 % 36 % 37 %
Schedule of Share-based Compensation, Restricted Stock and Restricted Stock Units Activity	A summary of restricted stock and restricted stock unit activity for the year ended September 30, 2023, is as follows: Shares Wtd. Avg. Outstanding at October 1, 2022 448 $ 271.71 Granted 245 263.67 Vested (198) 256.98 Forfeited (28) 279.30 Outstanding at September 30, 2023 467 273.28

Retirement Benefits (Tables)

Retirement Benefits (Tables)	12 Months Ended
Retirement Benefits (Tables)	Sep. 30, 2023
Retirement Benefits [Abstract]
Schedule of Net Periodic Benefit Cost (Income)	The components of net periodic benefit cost (income) were (in millions): Pension Benefits Other Postretirement Benefits 2023 2022 2021 2023 2022 2021 Service cost $ 42.0 $ 70.9 $ 90.1 $ 0.6 $ 0.8 $ 1.2 Interest cost 149.7 135.6 125.6 2.2 1.3 1.2 Expected return on plan assets (190.6) (230.7) (241.3) — — — Amortization of prior service cost (credit) 0.1 0.6 1.4 — (0.8) (5.4) Amortization of net actuarial (gain) loss (2.6) 59.4 141.4 0.5 0.7 1.1 Settlement and curtailment charges 123.4 38.6 39.8 — — — Net periodic benefit cost (income) $ 122.0 $ 74.4 $ 157.0 $ 3.3 $ 2.0 $ (1.9)
Schedule of Assumptions Used	Significant assumptions used in determining net periodic benefit cost (income) were (in weighted averages): Pension Benefits Other Postretirement Benefits 2023 2022 2021 2023 2022 2021 U.S. Plans Discount rate 5.65 % 3.86 % 2.90 % 5.70 % 2.50 % 2.15 % Expected return on plan assets 7.00 % 7.00 % 7.25 % — — — Compensation increase rate 3.30 % 3.40 % 3.40 % — — — Non-U.S. Plans Discount rate 4.35 % 2.01 % 1.56 % 5.10 % 2.90 % 2.20 % Expected return on plan assets 4.93 % 4.59 % 4.68 % — — — Compensation increase rate 3.03 % 3.00 % 2.90 % — — — Significant assumptions used in determining the benefit obligations were (in weighted averages): Pension Benefits Other Postretirement Benefits 2023 2022 2023 2022 U.S. Plans Discount rate 6.10 % 5.65 % 6.20 % 5.70 % Compensation increase rate 3.60 % 3.30 % — — Health care cost trend rate (1) — — 6.50 % 6.50 % Non-U.S. Plans Discount rate 4.65 % 4.35 % 5.75 % 5.10 % Compensation increase rate 3.24 % 3.03 % — — Health care cost trend rate (1) — — 4.50 % 4.50 % (1) The health care cost trend rate reflects the estimated increase in gross medical claims costs. As a result of the plan amendment adopted effective October 1, 2002, our effective per person retiree medical cost increase is zero percent beginning in 2005 for the majority of our postretirement benefit plans. For our other plans, we assume the gross health care cost trend rate will remain at 6.50% in 2024 and decrease to 5.00% in 2025 for U.S. Plans and will not change in future periods for Non-U.S. Plans.
Schedule of Net Funded Status	Benefit obligation, plan assets, funded status, and net liability information is summarized as follows (in millions): Pension Benefits Other Postretirement Benefits 2023 2022 2023 2022 Benefit obligation at beginning of year $ 3,165.6 $ 4,751.8 $ 44.2 $ 51.5 Service cost 42.0 70.9 0.6 0.8 Interest cost 149.7 135.6 2.2 1.3 Actuarial losses (gains) 81.1 (1,216.8) 8.7 (1.1) Plan amendments — 4.6 — — Plan participant contributions 1.8 2.2 4.2 3.8 Benefits paid (151.1) (153.8) (13.3) (11.7) Settlements and curtailments (585.6) (320.4) — — Currency translation and other 47.3 (108.5) (0.2) (0.4) Benefit obligation at end of year 2,750.8 3,165.6 46.4 44.2 Plan assets at beginning of year 2,903.9 4,192.2 — — Actual return on plan assets 209.7 (768.0) — — Company contributions 26.6 54.3 9.1 7.9 Plan participant contributions 1.8 2.2 4.2 3.8 Benefits paid (151.1) (153.8) (13.3) (11.7) Settlements and curtailments (585.6) (312.2) — — Currency translation and other 52.1 (110.8) — — Plan assets at end of year 2,457.4 2,903.9 — — Funded status of plans $ (293.4) $ (261.7) $ (46.4) $ (44.2)
Schedule of Amounts Recognized in Balance Sheet	Net amount on balance sheet consists of Other assets $ 150.4 $ 158.8 $ — $ — Compensation and benefits (16.8) (15.1) (7.1) (6.4) Retirement benefits (427.0) (405.4) (39.3) (37.8) Net amount on balance sheet $ (293.4) $ (261.7) $ (46.4) $ (44.2)
Schedule of Defined Benefit Plan Amounts Recognized in Other Comprehensive Income (Loss)	Amounts included in Accumulated other comprehensive loss, net of tax, which have not yet been recognized in net periodic benefit cost (income) are as follows (in millions): Pension Benefits Other Postretirement Benefits 2023 2022 2023 2022 Prior service (credit) cost $ (153.2) $ (61.3) $ 4.7 $ 4.7 Net actuarial loss 548.9 503.9 6.7 0.5 Total $ 395.7 $ 442.6 $ 11.4 $ 5.2
Schedule of Accumulated and Projected Benefit Obligations	Information regarding our pension plans with projected benefit obligations in excess of the fair value of plan assets (underfunded plans) are as follows (in millions): 2023 2022 Projected benefit obligation $ 2,082.7 $ 2,529.0 Fair value of plan assets 1,638.9 2,108.5 Information regarding our pension plans with accumulated benefit obligations in excess of the fair value of plan assets (underfunded plans) are as follows (in millions): 2023 2022 Accumulated benefit obligation $ 1,926.2 $ 2,365.5 Fair value of plan assets 1,626.7 2,108.5
Schedule of Expected Benefit Payments	The following benefit payments, which include employees’ expected future service, as applicable, are expected to be paid (in millions): Pension Benefits Other 2024 $ 302.8 $ 7.3 2025 210.5 6.8 2026 213.4 6.2 2027 226.6 5.6 2028 222.4 5.0 2029-2033 1,124.7 15.5
Schedule of Weighted Average Allocation of Plan Assets	Our global weighted average targeted and actual asset allocations at September 30, by asset category, are: Target September 30, Asset Category Allocations 2023 2022 Equity securities 38% 50% 53% Debt securities 52% 43% 41% Other 10% 7% 6%
Schedule of Allocation of Plan Assets	The following table presents our pension plans’ investments measured at fair value as of September 30, 2023 (in millions): Level 1 Level 2 Level 3 Total U.S. Plans Cash and cash equivalents $ 3.2 $ — $ — $ 3.2 Equity securities Mutual funds 40.5 — — 40.5 Preferred and common stock 381.8 — — 381.8 Common collective trusts — 447.4 — 447.4 Fixed income securities Preferred and corporate debt — 387.2 — 387.2 Government securities 212.3 30.2 — 242.5 Common collective trusts — 104.5 — 104.5 Total U.S. Plans investments in fair value hierarchy $ 637.8 $ 969.3 $ — 1,607.1 U.S. Plans investments measured at NAV Private equity and alternative equity 11.7 Total U.S. Plans investments 1,618.8 Non-U.S. Plans Cash and cash equivalents $ 7.0 $ — $ — 7.0 Equity securities Preferred and common stock 154.7 — — 154.7 Common collective trusts — 209.7 — 209.7 Fixed income securities Preferred and corporate debt — 30.3 — 30.3 Government securities 0.8 — — 0.8 Common collective trusts — 294.5 — 294.5 Other types of investments Real estate funds — 55.3 — 55.3 Insurance contracts — — 65.2 65.2 Other — — 2.4 2.4 Total Non-U.S. Plans investments in fair value hierarchy $ 162.5 $ 589.8 $ 67.6 819.9 Non-U.S. Plans investments measured at NAV Real estate funds 18.7 Total Non-U.S. Plans investments 838.6 Total investments measured at fair value $ 2,457.4 The following table presents our pension plans’ investments measured at fair value as of September 30, 2022 (in millions): Level 1 Level 2 Level 3 Total U.S. Plans Cash and cash equivalents $ 3.1 $ — $ — $ 3.1 Equity securities Mutual funds 53.1 — — 53.1 Preferred and common stock 532.9 — — 532.9 Common collective trusts — 621.1 — 621.1 Fixed income securities Preferred and corporate debt — 453.1 — 453.1 Government securities 224.8 41.6 — 266.4 Common collective trusts — 143.6 — 143.6 Total U.S. Plans investments in fair value hierarchy $ 813.9 $ 1,259.4 $ — 2,073.3 U.S. Plans investments measured at NAV Private equity and alternative equity 18.0 Total U.S. Plans investments 2,091.3 Non-U.S. Plans Cash and cash equivalents $ 13.3 $ — $ — 13.3 Equity securities Preferred and common stock 143.2 — — 143.2 Common collective trusts — 185.1 — 185.1 Fixed income securities Preferred and corporate debt — 39.7 — 39.7 Government securities 1.3 — — 1.3 Common collective trusts — 291.3 — 291.3 Other types of investments Real estate funds — 63.7 — 63.7 Insurance contracts — — 54.9 54.9 Other — — 3.8 3.8 Total Non-U.S. Plans investments in fair value hierarchy $ 157.8 $ 579.8 $ 58.7 796.3 Non-U.S. Plans investments measured at NAV Real estate funds 16.3 Total Non-U.S. Plans investments 812.6 Total investments measured at fair value $ 2,903.9
Defined Benefit Plan Change in Fair Value of Plan Assets Level Three	The table below sets forth a summary of changes in fair market value of our pension plans’ Level 3 assets for the year ended September 30, 2023 (in millions): Balance September 30, 2022 Realized Gains (Losses) Unrealized Gains (Losses) Purchases, Sales, Issuances, and Settlements, Net Balance September 30, 2023 Non-U.S. Plans Insurance contracts $ 54.9 $ — $ 9.6 $ 0.7 $ 65.2 Other 3.8 — — (1.4) 2.4 $ 58.7 $ — $ 9.6 $ (0.7) $ 67.6 The table below sets forth a summary of changes in fair market value of our pension plans’ Level 3 assets for the year ended September 30, 2022 (in millions): Balance Realized Gains (Losses) Unrealized Gains (Losses) Purchases, Sales, Issuances, and Settlements, Net Balance September 30, 2022 U.S. Plans Insurance contracts $ 0.9 $ — $ — $ (0.9) $ — Non-U.S. Plans Insurance contracts 106.2 — (50.9) (0.4) 54.9 Other 4.7 — (0.7) (0.2) 3.8 $ 111.8 $ — $ (51.6) $ (1.5) $ 58.7

Other (Expense) Income (Tables)

Other (Expense) Income (Tables)	12 Months Ended
Other (Expense) Income (Tables)	Sep. 30, 2023
Other Income and Expenses [Abstract]
Components of Other (Expense) Income	The components of Other (expense) income were (in millions): 2023 2022 2021 Interest income $ 9.7 $ 4.4 $ 1.6 Royalty income 13.2 10.9 10.2 Legacy product liability and environmental charges (18.1) (15.6) (10.6) Non-operating pension and postretirement benefit cost (82.7) (4.7) (63.8) Legal settlement (Note 17) — — 70.0 Other 6.6 3.4 (1.7) Other (expense) income $ (71.3) $ (1.6) $ 5.7

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
Income Taxes (Tables)	Sep. 30, 2023
Income Tax Disclosure [Abstract]
Schedule of Income before Income Tax, Domestic and Foreign	Selected income tax data (in millions): 2023 2022 2021 Components of Income before income taxes United States $ 794.2 $ 371.3 $ 885.1 Non-United States 814.3 702.3 641.1 Total $ 1,608.5 $ 1,073.6 $ 1,526.2
Schedule of Components of Income Tax Expense (Benefit)	Components of Income tax provision Current United States $ 221.3 $ 71.6 $ 149.6 Non-United States 160.6 102.9 190.7 State and local 48.7 13.6 25.7 Total current 430.6 188.1 366.0 Deferred United States (84.6) (10.7) (154.7) Non-United States 6.0 (13.0) (19.0) State and local (21.5) (9.9) (10.4) Total deferred (100.1) (33.6) (184.1) Income tax provision $ 330.5 $ 154.5 $ 181.9 Total income taxes paid $ 344.9 $ 340.2 $ 329.3
Schedule of Effective Income Tax Rate Reconciliation	The reconciliation between the U.S. federal statutory rate and our effective tax rate was: 2023 2022 2021 Statutory tax rate 21.0 % 21.0 % 21.0 % State and local income taxes 1.5 0.5 1.4 Non-United States taxes (4.7) (5.4) (3.8) Repatriation of foreign earnings 0.9 1.1 0.9 Foreign-derived intangible income (0.6) (0.5) (2.8) Settlements with taxing authorities 0.3 — (1.0) Change in valuation allowance (1) 4.1 (0.5) (1.7) Share-based compensation (0.6) (1.0) (1.1) Research and development tax credit (1.3) (1.0) (0.6) Other (0.1) 0.2 (0.4) Effective income tax rate 20.5 % 14.4 % 11.9 % (1) During fiscal 2021, we reversed our valuation allowance against deferred tax assets associated with the change in fair value of the PTC Shares. This resulted in a decrease to the effective tax rate of 1.7% and no remaining valuation allowance related to PTC Shares, as described further in the table below. During fiscal year 2023, the effective tax rate increased by 4.1% resulting from a valuation allowance recorded on certain deferred tax assets of our Sensia joint venture and tax effects of the related goodwill impairment.
Schedule of Deferred Tax Assets and Liabilities	The tax effects of temporary differences that give rise to our net deferred income tax assets (liabilities) consists of (in millions): 2023 2022 Deferred income tax assets Compensation and benefits $ 35.0 $ 26.7 Inventory 15.5 10.4 Returns, rebates, and incentives 75.1 61.7 Retirement benefits 85.4 80.7 Environmental remediation and other site-related costs 23.6 23.6 Share-based compensation 22.7 21.5 Other accruals and reserves 333.3 249.9 Net operating loss carryforwards 60.8 85.2 Tax credit carryforwards 9.2 19.3 Capital loss carryforwards 14.4 13.0 Other 48.1 10.7 Subtotal 723.1 602.7 Valuation allowance (89.1) (23.1) Net deferred income tax assets 634.0 579.6 Deferred income tax liabilities Property (44.1) (36.9) Intangible assets (144.8) (149.8) Investments — (26.0) Unremitted earnings of foreign subsidiaries (27.2) (20.0) Other (1.8) (2.1) Deferred income tax liabilities (217.9) (234.8) Total net deferred income tax assets $ 416.1 $ 344.8
Schedule of Tax Attributes and Valuation Allowances	Tax attributes and related valuation allowances at September 30, 2023 consists of (in millions): Tax attributes and related valuation allowances Tax Benefit Amount Valuation Allowance Carryforward Non-United States net operating loss carryforward $ 5.9 $ 2.5 2024 - 9/30/2030 Non-United States net operating loss carryforward 46.1 39.3 Indefinite Non-United States capital loss carryforward 14.4 14.4 Indefinite United States credit carryforward 0.9 — 2030 - 2041 United States net operating loss carryforward 0.1 — 2024 - 2036 State and local net operating loss carryforward 8.7 1.0 2024 - 2040 State tax credit carryforward 8.3 — 2024 - 2037 Subtotal 84.4 57.2 Other deferred tax assets 31.9 31.9 Indefinite Total $ 116.3 $ 89.1
Schedule of Gross Unrecognized Tax Benefits	A reconciliation of our gross unrecognized tax benefits, excluding interest and penalties, is as follows (in millions): 2023 2022 2021 Gross unrecognized tax benefits balance at beginning of year $ 3.9 $ 4.3 $ 25.5 Additions based on tax positions related to the current year 3.9 0.1 0.1 Additions based on tax positions related to prior years 3.2 — 0.4 Reductions related to settlements with taxing authorities (1.0) (0.5) (18.1) Reductions related to lapses of statute of limitations (0.2) — (3.6) Gross unrecognized tax benefits balance at end of year $ 9.8 $ 3.9 $ 4.3

Leases (Tables)

Leases (Tables)	12 Months Ended
Leases (Tables)	Sep. 30, 2023
Leases [Abstract]
Lease, Cost	The components of lease expense were (in millions): 2023 2022 2021 Operating lease expense (1) $ 100.2 $ 103.6 $ 109.8 Variable lease expense (2) 18.8 16.6 15.8 Finance lease expense Amortization of right-of-use assets 5.2 6.9 1.7 Interest on lease liabilities 0.3 0.6 0.4 Total lease expense $ 124.5 $ 127.7 $ 127.7 (1) Operating lease expense includes short-term lease expense, which was not material. (2) Variable lease expense includes sublease income, which was not material. Supplemental cash flow information related to leases consists of (in millions): 2023 2022 2021 Cash paid for amounts included in the measurement of lease liabilities Operating cash flows from operating leases $ 101.7 $ 102.9 $ 108.5 Operating cash flows from finance leases 0.3 0.6 0.4 Financing cash flows from finance leases 5.5 8.8 1.8 Right-of-use assets obtained in exchange for lease obligations Operating leases $ 93.3 $ 63.4 $ 90.6 Financing leases — 11.8 0.9
Supplemental Balance Sheet Information	Supplemental balance sheet information related to leases consists of: 2023 2022 Weighted average remaining lease term Operating leases 5.8 years 6.3 years Finance leases 1.6 years 3.0 years Weighted average discount rate Operating leases 3.03 % 2.07 % Finance leases 3.27 % 2.04 %
Operating Lease Maturity	Undiscounted maturities of lease liabilities as of September 30, 2023, were (in millions): Finance Leases Operating Leases 2024 $ 7.0 $ 93.5 2025 3.4 82.9 2026 — 64.4 2027 — 49.1 2028 — 35.4 Thereafter — 73.9 Total undiscounted lease payments $ 10.4 $ 399.2 Less: Imputed interest (0.3) (30.5) Total lease liabilities $ 10.1 $ 368.7

Business Segment Information (T

Business Segment Information (Tables)	12 Months Ended
Business Segment Information (Tables)	Sep. 30, 2023
Segment Reporting [Abstract]
Schedule of Reportable Segments	Sales and operating results of our reportable segments were (in millions): 2023 2022 2021 Sales Intelligent Devices $ 4,098.2 $ 3,544.6 $ 3,311.9 Software & Control 2,886.0 2,312.9 1,947.0 Lifecycle Services 2,073.8 1,902.9 1,738.5 Total $ 9,058.0 $ 7,760.4 $ 6,997.4 Segment operating earnings Intelligent Devices $ 828.2 $ 717.6 $ 702.1 Software & Control 953.2 666.7 531.0 Lifecycle Services 148.4 158.3 158.2 Total 1,929.8 1,542.6 1,391.3 Purchase accounting depreciation and amortization, and impairment (264.4) (103.9) (55.1) Corporate and other (127.9) (104.7) (120.6) Non-operating pension and postretirement benefit cost (82.7) (4.7) (63.8) Change in fair value of investments 279.3 (136.9) 397.4 Legal settlement — — 70.0 Interest expense, net (125.6) (118.8) (93.0) Income before income taxes $ 1,608.5 $ 1,073.6 $ 1,526.2
Components of Identifiable Assets, Depreciation and Amortization, and Capital Expenditures for Property	The following tables summarize the identifiable assets at September 30, 2023, 2022, and 2021, and the provision for depreciation and amortization and the amount of capital expenditures for property for the years then ended, for each of the reportable segments and Corporate (in millions): 2023 2022 2021 Identifiable assets Intelligent Devices $ 2,676.2 $ 2,070.0 $ 2,143.3 Software & Control 4,240.7 3,887.6 4,000.4 Lifecycle Services 1,835.8 1,968.4 2,124.3 Corporate 2,551.3 2,832.7 2,433.6 Total $ 11,304.0 $ 10,758.7 $ 10,701.6 Depreciation and amortization Intelligent Devices $ 49.7 $ 45.8 $ 48.6 Software & Control 55.8 47.0 49.1 Lifecycle Services 35.5 40.5 35.3 Corporate 2.5 1.7 1.7 Total 143.5 135.0 134.7 Purchase accounting depreciation and amortization 106.9 103.9 55.1 Total $ 250.4 $ 238.9 $ 189.8 Capital expenditures for property Intelligent Devices $ 60.7 $ 45.6 $ 52.0 Software & Control 40.2 29.7 30.4 Lifecycle Services 23.7 32.9 19.6 Corporate 35.9 32.9 18.3 Total $ 160.5 $ 141.1 $ 120.3
Schedule of Sales and Property by Geographic Region	We conduct a significant portion of our business activities outside the United States. The following tables present sales and property by geographic region (in millions): Sales Property 2023 2022 2021 2023 2022 2021 North America $ 5,224.0 $ 4,722.0 $ 4,132.8 $ 478.8 $ 430.7 $ 416.1 Europe, Middle East and Africa 1,870.6 1,437.6 1,405.7 116.4 78.9 91.1 Asia Pacific 1,358.0 1,088.0 1,012.2 66.2 58.6 54.8 Latin America 605.4 512.8 446.7 22.8 18.3 19.9 Total $ 9,058.0 $ 7,760.4 $ 6,997.4 $ 684.2 $ 586.5 $ 581.9

Basis of Presentation and Acc_4

Basis of Presentation and Accounting Policies - Revenue Recognition and Receivables (Narrative) (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Accounting Policies [Abstract]
Allowances for doubtful accounts	$ 16.8	$ 13.1

Basis of Presentation and Acc_5

Basis of Presentation and Accounting Policies - Property (Narrative) (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Property, Plant and Equipment [Line Items]
Capital expenditures in accounts payable or other current liabilities at year end	$ 42.7	$ 23	$ 31.5
Minimum \| Building and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Minimum \| Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Minimum \| Software Development
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	3 years
Maximum \| Building and Building Improvements
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	40 years
Maximum \| Machinery and Equipment
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	20 years
Maximum \| Software Development
Property, Plant and Equipment [Line Items]
Property, plant and equipment, useful life	10 years

Basis of Presentation and Acc_6

Basis of Presentation and Accounting Policies - Intangible Assets (Narrative) (Details)	Sep. 30, 2023
Minimum \| Trademarks
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	3 years
Minimum \| Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	8 years
Minimum \| Technology
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	4 years
Minimum \| Other Intangible assets
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	3 years
Maximum \| Trademarks
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	15 years
Maximum \| Customer relationships
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	20 years
Maximum \| Technology
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	17 years
Maximum \| Other Intangible assets
Finite-Lived Intangible Assets [Line Items]
Finite-lived intangible assets, useful life	30 years

Basis of Presentation and Acc_7

Basis of Presentation and Accounting Policies - Research and Development Expenses, and Earnings Per Share (Narrative) (Details) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Accounting Policies [Abstract]
Research and development costs	$ 529.5	$ 440.9	$ 422.5
Antidilutive share-based compensation awards (in shares)	0.4	0.4	0.2

Basis of Presentation and Acc_8

Basis of Presentation and Accounting Policies - Reconciliation of Basic and Diluted Earnings Per Share (Details) - USD ($) $ / shares in Units, shares in Millions, $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Reconciled Basic and Diluted EPS
Net income attributable to Rockwell Automation, Inc.	$ 1,387.4	$ 932.2	$ 1,358.1
Less: Allocation to participating securities	(5.9)	(2.9)	(2.1)
Net income available to common shareowners	$ 1,381.5	$ 929.3	$ 1,356
Basic weighted average outstanding shares (in shares)	114.8	115.9	116
Effect of dilutive securities
Diluted weighted average outstanding shares (in shares)	115.6	116.7	117.1
Earnings per share:
Basic (in dollars per share)	$ 12.03	$ 8.02	$ 11.69
Diluted (in dollars per share)	$ 11.95	$ 7.97	$ 11.58
Stock options
Effect of dilutive securities
Stock options (in shares)	0.7	0.7	1
Performance shares
Effect of dilutive securities
Stock options (in shares)	0.1	0.1	0.1

Basis of Presentation and Acc_9

Basis of Presentation and Accounting Policies - Leases (Details)	Sep. 30, 2023	Sep. 30, 2022
Accounting Policies [Abstract]
Operating Lease, Liability, Current, Statement of Financial Position [Extensible Enumeration]	Other Liabilities, Current	Other Liabilities, Current
Finance Lease, Liability, Noncurrent, Statement of Financial Position [Extensible Enumeration]	Long-Term Debt and Lease Obligation	Long-Term Debt and Lease Obligation

Revenue Recognition - Performan

Revenue Recognition - Performance Obligation (Details) $ in Millions	Sep. 30, 2023 USD ($)
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue to be recognized in future periods	$ 1,100
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2023-10-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Revenue to be recognized in future periods	$ 687
Revenue to be recognized in future periods, expected timing of satisfaction, period	12 months

Revenue Recognition - Narrative

Revenue Recognition - Narrative (Details) $ in Millions	12 Months Ended
Revenue Recognition - Narrative (Details) $ in Millions	Sep. 30, 2023 USD ($) segment	Sep. 30, 2022 USD ($)
Revenue from Contract with Customer [Abstract]
Number of operating segments \| segment	3
Contract with customer, liability, revenue recognized	$ 423.9	$ 373.1
Contract with customer, performance obligation satisfied in previous period	$ 0	$ 0

Revenue Recognition - Disaggreg

Revenue Recognition - Disaggregation of Revenue by Operating Segment and by Geographic Region (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Disaggregation of Revenue [Line Items]
Sales	$ 9,058	$ 7,760.4	$ 6,997.4
North America
Disaggregation of Revenue [Line Items]
Sales	5,224	4,722	4,132.8
Europe, Middle East and Africa
Disaggregation of Revenue [Line Items]
Sales	1,870.6	1,437.6	1,405.7
Asia Pacific
Disaggregation of Revenue [Line Items]
Sales	1,358	1,088	1,012.2
Latin America
Disaggregation of Revenue [Line Items]
Sales	605.4	512.8	$ 446.7
Intelligent Devices
Disaggregation of Revenue [Line Items]
Sales	4,098.2	3,544.6
Intelligent Devices \| North America
Disaggregation of Revenue [Line Items]
Sales	2,409.2	2,223.7
Intelligent Devices \| Europe, Middle East and Africa
Disaggregation of Revenue [Line Items]
Sales	829.1	629.3
Intelligent Devices \| Asia Pacific
Disaggregation of Revenue [Line Items]
Sales	568.6	443.5
Intelligent Devices \| Latin America
Disaggregation of Revenue [Line Items]
Sales	291.3	248.1
Software & Control
Disaggregation of Revenue [Line Items]
Sales	2,886	2,312.9
Software & Control \| North America
Disaggregation of Revenue [Line Items]
Sales	1,794.8	1,542.2
Software & Control \| Europe, Middle East and Africa
Disaggregation of Revenue [Line Items]
Sales	528	350.4
Software & Control \| Asia Pacific
Disaggregation of Revenue [Line Items]
Sales	393.7	291.8
Software & Control \| Latin America
Disaggregation of Revenue [Line Items]
Sales	169.5	128.5
Lifecycle Services
Disaggregation of Revenue [Line Items]
Sales	2,073.8	1,902.9
Lifecycle Services \| North America
Disaggregation of Revenue [Line Items]
Sales	1,020	956.1
Lifecycle Services \| Europe, Middle East and Africa
Disaggregation of Revenue [Line Items]
Sales	513.5	457.9
Lifecycle Services \| Asia Pacific
Disaggregation of Revenue [Line Items]
Sales	395.7	352.7
Lifecycle Services \| Latin America
Disaggregation of Revenue [Line Items]
Sales	$ 144.6	$ 136.2

Revenue Recognition - Contract

Revenue Recognition - Contract Balances (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Contract With Customer, Liability [Roll Forward]
Balance as of beginning of year	$ 541.3	$ 462.5
Balance as of end of period	$ 653.6	$ 541.3

Goodwill and Other Intangible_3

Goodwill and Other Intangible Assets - Changes in Carrying amount of Goodwill (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Goodwill
Beginning balance	$ 3,524	$ 3,625.9
Acquisition of businesses	111.3	12.1
Goodwill impairment	(157.5)	0	$ 0
Translation and other	51.4	(114)
Ending balance	3,529.2	3,524	3,625.9
Gross carrying value of Goodwill	3,686.7
Accumulated impairment losses	(157.5)
Intelligent Devices
Goodwill
Beginning balance	503	543.1
Acquisition of businesses	74.4	0
Goodwill impairment	0
Translation and other	18.4	(40.1)
Ending balance	595.8	503	543.1
Gross carrying value of Goodwill	595.8
Accumulated impairment losses	0
Software & Control
Goodwill
Beginning balance	2,398.7	2,447.5
Acquisition of businesses	0	0
Goodwill impairment	0
Translation and other	21.4	(48.8)
Ending balance	2,420.1	2,398.7	2,447.5
Gross carrying value of Goodwill	2,420.1
Accumulated impairment losses	0
Lifecycle Services
Goodwill
Beginning balance	622.3	635.3
Acquisition of businesses	36.9	12.1
Goodwill impairment	(157.5)
Translation and other	11.6	(25.1)
Ending balance	513.3	$ 622.3	$ 635.3
Gross carrying value of Goodwill	670.8
Accumulated impairment losses	$ (157.5)

Goodwill and Other Intangible_4

Goodwill and Other Intangible Assets - Narrative (Details) - USD ($)	3 Months Ended		12 Months Ended
	Sep. 30, 2023	Mar. 31, 2023	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Finite-Lived Intangible Assets [Line Items]
Goodwill and intangible asset impairment		$ 0
Goodwill impairment			$ 157,500,000	$ 0	$ 0
Goodwill	$ 3,529,200,000		3,529,200,000	3,524,000,000	3,625,900,000
Amortization of intangible assets			116,600,000	112,300,000	65,900,000
Estimated amortization expense in 2022	116,200,000		116,200,000
Estimated amortization expense in 2023	112,200,000		112,200,000
Estimated amortization expense in 2024	110,900,000		110,900,000
Estimated amortization expense in 2025	102,800,000		102,800,000
Estimated amortization expense in 2026	90,000,000		90,000,000
Sensia
Finite-Lived Intangible Assets [Line Items]
Reporting unit, carrying value	665,100,000		665,100,000
Goodwill impairment	157,500,000
Goodwill	$ 160,300,000		160,300,000
Software products
Finite-Lived Intangible Assets [Line Items]
Amortization of intangible assets			$ 11,300,000	$ 9,400,000	$ 11,900,000

Goodwill and Other Intangible_5

Goodwill and Other Intangible Assets - Other Intangibles (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Other intangible assets
Amortized intangible assets, carrying amount	$ 1,222.9	$ 1,167.9
Amortized intangible assets, accumulated amortization	414.2	309.6
Amortized intangible assets, net	808.7	858.3
Total other intangible assets, carrying amount	1,266.6	1,211.6
Total other intangible assets, net	852.4	902
Software products
Other intangible assets
Amortized intangible assets, carrying amount	100.4	97.6
Amortized intangible assets, accumulated amortization	65.1	57.9
Amortized intangible assets, net	35.3	39.7
Customer relationships
Other intangible assets
Amortized intangible assets, carrying amount	606.1	582.7
Amortized intangible assets, accumulated amortization	141.3	107.2
Amortized intangible assets, net	464.8	475.5
Technology
Other intangible assets
Amortized intangible assets, carrying amount	424.1	410.8
Amortized intangible assets, accumulated amortization	173.1	119.3
Amortized intangible assets, net	251	291.5
Trademarks
Other intangible assets
Amortized intangible assets, carrying amount	86.3	70.4
Amortized intangible assets, accumulated amortization	29.3	19.4
Amortized intangible assets, net	57	51
Other
Other intangible assets
Amortized intangible assets, carrying amount	6	6.4
Amortized intangible assets, accumulated amortization	5.4	5.8
Amortized intangible assets, net	0.6	0.6
Trademarks
Other intangible assets
Allen-Bradley® trademark not subject to amortization	$ 43.7	$ 43.7

Acquisitions - Schedule of Reco

Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed - Knowledge Lens (Details) - USD ($) $ in Millions	Feb. 28, 2023	Aug. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Business Acquisition [Line Items]
Goodwill			$ 3,529.2	$ 3,524	$ 3,625.9
Knowledge Lens
Business Acquisition [Line Items]
Accounts receivable	$ 23.8
Inventories	17.7
Property	27.5
Goodwill	111.3
Other intangible assets	54.1
All other assets	21
Total assets acquired	255.4
Less: Other liabilities assumed	(12.6)
Less: Deferred income taxes	(56.6)
Net assets acquired	186.2
Total purchase consideration, net of cash acquired	$ 186.2
Plex Systems
Business Acquisition [Line Items]
Accounts receivable		$ 14.8
Goodwill		1,730
All other assets		28.3
Total assets acquired		2,304.5
Less: Other liabilities assumed		(33.4)
Net assets acquired		2,205.5
Total purchase consideration, net of cash acquired		$ 2,205.5

Acquisitions - Schedule of Re_2

Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed - Plex (Details) - USD ($) $ in Millions	Aug. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Business Acquisition [Line Items]
Goodwill		$ 3,529.2	$ 3,524	$ 3,625.9
Plex Systems
Business Acquisition [Line Items]
Accounts receivable	$ 14.8
All other assets	28.3
Goodwill	1,730
Intangible assets	531.4
Total assets acquired	2,304.5
Less: Contract liabilities	(29.2)
Less: Other liabilities assumed	(33.4)
Less: Deferred income taxes	(36.4)
Net assets acquired	2,205.5
Total purchase consideration, net of cash acquired	$ 2,205.5

Acquisitions - Narrative (Detai

Acquisitions - Narrative (Details) - USD ($) $ in Millions		1 Months Ended	12 Months Ended
Acquisitions - Narrative (Details) - USD ($) $ in Millions	Aug. 31, 2021	Aug. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021	Dec. 31, 2021
Business Acquisition [Line Items]
Pro forma revenue			$ 88.3
Goodwill			3,529.2	$ 3,524	$ 3,625.9
Software & Control
Business Acquisition [Line Items]
Goodwill			2,420.1	2,398.7	2,447.5
Fiscal 2023 Acquisitions
Business Acquisition [Line Items]
Pro forma revenue			9,100	7,900
Business Acquisition, Pro Forma Net Income (Loss)			0	0
Fiscal 2022 Acquisitions
Business Acquisition [Line Items]
Pro forma revenue			7,800	7,000
Fiscal 2021 Acquisitions
Business Acquisition [Line Items]
Pro forma revenue				7,200	$ 6,500
Sales				$ 27.9
Plex Systems
Business Acquisition [Line Items]
Acquired finite-lived intangible assets, weighted average useful life		12 years
Customer attrition rate	5%
Royalty rate	25%
Obsolescence factor phase out period	10 years
Goodwill	$ 1,730	$ 1,730
Plex Systems \| Customer relationships
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	276.4
Plex Systems \| Patented Technology
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	232.8
Plex Systems \| Trade Names
Business Acquisition [Line Items]
Finite-lived intangible assets acquired	$ 22.2
Oylo And Fiix Inc.
Business Acquisition [Line Items]
Goodwill						$ 224.8
Oylo And Fiix Inc. \| Customer Relationships, Technology, and Trade Names
Business Acquisition [Line Items]
Finite-lived intangible assets acquired			$ 69.6
Acquired finite-lived intangible assets, weighted average useful life			11 years
Oylo And Fiix Inc. \| Lifecycle Services
Business Acquisition [Line Items]
Goodwill			$ 12.8
Oylo And Fiix Inc. \| Software & Control
Business Acquisition [Line Items]
Goodwill			$ 212

Acquisitions - Schedule of Re_3

Acquisitions - Schedule of Recognized Identified Assets Acquired and Liabilities Assumed - Oylo and Fiix Inc. (Details) - USD ($) $ in Millions	3 Months Ended
	Dec. 31, 2021	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Purchase Price Allocation
Goodwill		$ 3,529.2	$ 3,524	$ 3,625.9
Oylo And Fiix Inc.
Purchase Price Allocation
Accounts receivable	$ 6
All other assets	15.9
Goodwill	224.8
Intangible assets	69.6
Total assets acquired	316.3
Less: Liabilities assumed	(25.5)
Less: Deferred income taxes	(3.7)
Net assets acquired	287.1
Business Combination, Recognized Identifiable Assets Acquired and Liabilities Assumed, Net [Abstract]
Total purchase consideration, net of cash acquired	$ 287.1

Inventories (Details)

Inventories (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Inventories
Finished goods	$ 545.9	$ 325
Work in process	395.7	317.3
Raw materials	463.3	411.9
Inventories	$ 1,404.9	$ 1,054.2

Property, net (Details)

Property, net (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Property, net
Land	$ 4.6	$ 4.6
Buildings and improvements	434.1	399
Machinery and equipment	1,312.7	1,201.6
Internal-use software	569.4	540.7
Construction in progress	191.7	142.9
Total	2,512.5	2,288.8
Less: Accumulated depreciation	(1,828.3)	(1,702.3)
Property, net	$ 684.2	$ 586.5	$ 581.9

Long-term and Short-term Debt -

Long-term and Short-term Debt - Schedule of Long-term Debt (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Long-term debt
Unamortized discount, capitalized lease obligations and other	$ (34.9)	$ (34.1)
Long-Term Debt and Lease Obligation, Including Current Maturities	2,871.5	3,476.9
Less: Current portion	(8.6)	(609.1)
Total debt	$ 2,862.9	2,867.8
0.35% notes, payable in August 2023
Long-term debt
Stated interest rate	0.00003%
Debt instruments	$ 0	600
2.875% notes, payable in March 2025
Long-term debt
Stated interest rate	0.02875%
Debt instruments	$ 306.4	311
6.70% debentures, payable in January 2028
Long-term debt
Stated interest rate	0.00067%
Debt instruments	$ 250	250
3.50% notes, payable in March 2029
Long-term debt
Stated interest rate	0.035%
Debt instruments	$ 425	425
1.75% notes, payable in August 2031
Long-term debt
Stated interest rate	0.00018%
Debt instruments	$ 450	450
6.25% debentures, payable in December 2037
Long-term debt
Stated interest rate	0.00063%
Debt instruments	$ 250	250
4.20% notes, payable in March 2049
Long-term debt
Stated interest rate	0.042%
Debt instruments	$ 575	575
2.80% notes, payable in August 2061
Long-term debt
Stated interest rate	0.028%
Debt instruments	$ 450	450
5.20% debentures, payable in January 2098
Long-term debt
Stated interest rate	0.052%
Debt instruments	$ 200	$ 200

Long-term and Short-term Debt_2

Long-term and Short-term Debt - Narrative (Details)				1 Months Ended	12 Months Ended
Long-term and Short-term Debt - Narrative (Details)	Jun. 29, 2022 USD ($)	Aug. 31, 2021 USD ($)	Mar. 01, 2019 USD ($)	Mar. 31, 2019 USD ($)	Sep. 30, 2023 USD ($)	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)	Jun. 28, 2022 USD ($)	Mar. 31, 2020 USD ($)
Debt Instrument [Line Items]
Short-term debt					$ 94,700,000	$ 359,300,000
Interest payments					$ 133,200,000	120,400,000	$ 91,800,000
0.35% notes, payable in August 2023
Debt Instrument [Line Items]
Stated interest rate					0.00003%
2.80% notes, payable in August 2061
Debt Instrument [Line Items]
Stated interest rate					0.028%
Notes Payable, Other Payables
Debt Instrument [Line Items]
Debt instrument, face amount		$ 1,500,000,000		$ 1,000,000,000					$ 1,000,000,000
Notes Payable, Other Payables \| 0.35% notes, payable in August 2023
Debt Instrument [Line Items]
Stated interest rate		0.35%
Debt instrument, face amount		$ 600,000,000
Notes Payable, Other Payables \| 1.750% Notes Due August 2031
Debt Instrument [Line Items]
Stated interest rate		1.75%
Debt instrument, face amount		$ 450,000,000
Notes Payable, Other Payables \| 2.80% notes, payable in August 2061
Debt Instrument [Line Items]
Stated interest rate		2.80%
Debt instrument, face amount		$ 450,000,000
Notes Payable, Other Payables \| 4.200% Notes Due March 2049
Debt Instrument [Line Items]
Stated interest rate									4.20%
Debt instrument, face amount				575,000,000
Proceeds from issuance of debt		1,485,600,000		$ 987,600,000
Notes Payable, Other Payables \| 3.500% Notes Due March 2029
Debt Instrument [Line Items]
Stated interest rate				3.50%
Debt instrument, face amount				$ 425,000,000
Line of Credit \| Revolving Credit Facility
Debt Instrument [Line Items]
Borrowing capacity	$ 750,000,000
Debt instrument, term	5 years
Line of credit facility, current borrowing capacity	$ 1,500,000,000							$ 1,250,000,000
Maximum ratio of EBITDA to interest expense under credit facility	3
Treasury locks
Debt Instrument [Line Items]
Derivative, gain (loss) on derivative, net		$ 28,000,000	$ 35,700,000
Derivative, Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]		Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Interest Bearing Loan
Debt Instrument [Line Items]
Short-term debt					$ 23,500,000	42,300,000
Line of Credit
Debt Instrument [Line Items]
Borrowing capacity					75,000,000
Unsecured line of credit, amount borrowed					$ 70,000,000
Stated interest rate					6.29%
Commercial Paper
Debt Instrument [Line Items]
Short-term debt						$ 317,000,000
Debt, weighted average interest rate						303%
Debt instrument, term						22 days
Foreign Line of Credit
Debt Instrument [Line Items]
Borrowing capacity					$ 225,800,000
Letter of Credit
Debt Instrument [Line Items]
Borrowing capacity					$ 32,000,000

Long-term and Short-term Debt_3

Long-term and Short-term Debt - Schedule of Carrying Amounts and Estimated Fair Values (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Carrying Value
Current portion of long-term debt	$ 8.6	$ 609.1
Carrying Value
Carrying Value
Current portion of long-term debt	8.6	609.1
Long-term debt	2,862.9	2,867.8
Fair Value
Fair Value
Current portion of long-term debt	8.6	589.1
Long-term debt	$ 2,442.6	$ 2,485.4

Other Current Liabilities (Deta

Other Current Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Other Liabilities Disclosure [Abstract]
Unrealized losses on foreign exchange contracts	$ 10.8	$ 31.2
Product warranty obligations	18.3	16.5	$ 18
Taxes other than income taxes	56.9	65.6
Accrued interest	18.6	18.1
Income taxes payable	248.6	81.1
Operating lease liabilities	83.4	83.3
Other	130.8	107.2
Other current liabilities	$ 567.4	$ 403

Product Warranty Obligations (D

Product Warranty Obligations (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Product Warranties Disclosures [Abstract]
Product warranty period	12 months
Changes in product warranty obligations
Beginning balance	$ 16.5	$ 18
Warranties recorded at time of sale	14.8	14.5
Adjustments to pre-existing warranties	2.9	(3.6)
Settlements of warranty claims	(15.9)	(12.4)
Ending balance	$ 18.3	$ 16.5

Investments - Schedule of Inves

Investments - Schedule of Investments (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Investments, Debt and Equity Securities [Abstract]
Fixed income securities	$ 0.6	$ 12.6
Equity securities (level 1)	0	928.8
Equity securities (other)	96	76.4
Other	61.1	50.8
Total investments	157.7	1,068.6
Short-term Investments	(0.6)	(12.6)
Long-term investments	$ 157.1	$ 1,056

Investments - Gains and Losses

Investments - Gains and Losses on Investments within Change in Fair Value (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Investments, Debt and Equity Securities [Abstract]
Net gain (loss) on equity securities (level 1)	$ 281.7	$ (136.4)	$ 392.3
Net (loss) gain on equity securities (other)	(1.3)	15.1	5.1
Equity method loss on Other investments	(1.1)	(15.6)	0
Change in fair value of investments	279.3	(136.9)	397.4
Total net realized gain on equity securities	281.7	44.6	0
Total net unrealized (loss) gain on equity securities	$ (1.3)	$ (165.9)	$ 397.4

Investments - Narrative (Detail

Investments - Narrative (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Debt and Equity Securities, FV-NI [Line Items]
Equity securities without readily determinable fair value, upward price adjustment, cumulative amount	$ 17.5	$ 17.2
PTC
Debt and Equity Securities, FV-NI [Line Items]
Number of shares purchased (in shares)		8,879,717

Derivative Instruments - Narrat

Derivative Instruments - Narrative (Details) - USD ($)	12 Months Ended
Derivative Instruments - Narrative (Details) - USD ($)	Sep. 30, 2023	Aug. 31, 2021	Mar. 31, 2020	Mar. 31, 2019
Derivative Instruments, Gain (Loss) [Line Items]
Maximum length of time hedged in cash flow hedge	2 years
Net unrealized gains on cash flow hedges to be reclassified into earnings during the next 12 months	$ 19,400,000
Notes Payable, Other Payables
Derivative Instruments, Gain (Loss) [Line Items]
Debt instrument, face amount		$ 1,500,000,000	$ 1,000,000,000	$ 1,000,000,000
Forward exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
U.S. dollar-equivalent gross notional amount	2,254,000,000
Forward exchange contracts \| Not Designated as Hedging Instrument
Derivative Instruments, Gain (Loss) [Line Items]
U.S. dollar-equivalent gross notional amount	1,178,100,000
Cash Flow Hedging \| Forward exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
U.S. dollar-equivalent gross notional amount	1,075,900,000
Net Investment Hedging \| Forward exchange contracts
Derivative Instruments, Gain (Loss) [Line Items]
U.S. dollar-equivalent gross notional amount	$ 0

Derivative Instruments - Pre-ta

Derivative Instruments - Pre-tax Amount of Gains (Losses) on Forward Exchange Contracts Designated as Hedging Instruments (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Designated as Hedging Instrument
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive income into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges	$ 35.9	$ 18	$ (24.3)
Forward exchange contracts
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax (losses) gains recorded in other comprehensive income related to cash flow hedges	17.2	70.5	(10.8)
Treasury locks
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax (losses) gains recorded in other comprehensive income related to cash flow hedges	0	0	(28)
Sales \| Designated as Hedging Instrument
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive income into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges	6	0.7	1.9
Cost of sales \| Designated as Hedging Instrument
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive income into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges	33.4	21.8	(25.4)
Selling, general and administrative expenses \| Designated as Hedging Instrument
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive income into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges	0	(0.9)	1.5
Interest expense \| Designated as Hedging Instrument
Unrealized Gain (Loss) On Foreign Currency Derivative Net Before Tax, Amount
Pre-tax amount of (losses) gains reclassified from accumulated other comprehensive income into the Consolidated Statement of Operations related to derivative forward exchange contracts designated as cash flow hedges	$ (3.5)	$ (3.6)	$ (2.3)

Derivative Instruments - Pre-_2

Derivative Instruments - Pre-tax Amount of Gains (Losses) on Forward Exchange Contracts Not Designated as Hedging Instruments (Details) - Not Designated as Hedging Instrument - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax amount of gains (losses) from forward exchange contracts not designated as hedging instruments recognized in the Consolidated Statement of Operations	$ (17.6)	$ 39.1	$ (8.3)
Cost of sales
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax amount of gains (losses) from forward exchange contracts not designated as hedging instruments recognized in the Consolidated Statement of Operations	1.6	0.5	(0.2)
Other (expense) income
Derivative Instruments, Gain (Loss) [Line Items]
Pre-tax amount of gains (losses) from forward exchange contracts not designated as hedging instruments recognized in the Consolidated Statement of Operations	$ (19.2)	$ 38.6	$ (8.1)

Derivative Instruments - Schedu

Derivative Instruments - Schedule of Fair Value of Derivatives (Details) - Level 2 - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Assets and liabilities measured at fair value on a recurring basis
Net derivative asset / (liability) designated as hedging instruments	$ 26.4	$ 49
Net derivative asset / (liability) not designated as hedging instruments	11.3	38.9
Forward exchange contracts \| Other current assets
Assets and liabilities measured at fair value on a recurring basis
Forward exchange contracts designated as hedging instruments	23.5	52.2
Forward exchange contracts not designated as hedging instruments, other current assets	20.1	59.9
Forward exchange contracts \| Other assets
Assets and liabilities measured at fair value on a recurring basis
Forward exchange contracts designated as hedging instruments	5.6	8
Forward exchange contracts \| Other current liabilities
Assets and liabilities measured at fair value on a recurring basis
Forward exchange contracts designated as hedging instruments	(2)	(10.2)
Forward exchange contracts not designated as hedging instruments, other current liabilities	(8.8)	(21)
Forward exchange contracts \| Other liabilities
Assets and liabilities measured at fair value on a recurring basis
Forward exchange contracts designated as hedging instruments	$ (0.7)	$ (1)

Shareowners' Equity - Common St

Shareowners' Equity - Common Stock (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Shareowners' Equity (Textuals) [Abstract]
Common stock, authorized (in shares)	1,000,000,000,000,000,000
Common stock, par value (in dollars per share)	$ 1	$ 1
Preferred stock, authorized (in shares)	25,000,000
Common stock reserved for various incentive plans (in shares)	13,500,000
Outstanding purchase of common stock recorded in accounts payable	$ 1.1	$ 1.6
Changes in outstanding common shares
Beginning balance (in shares)	115,200,000	116,000,000	116,200,000
Treasury stock purchases (in shares)	(1,200,000)	(1,300,000)	(1,100,000)
Common stock issued (including share based compensation impact) (in shares)	800,000	500,000	900,000
Ending balance (in shares)	114,800,000	115,200,000	116,000,000

Shareowners' Equity - Schedule

Shareowners' Equity - Schedule of Changes in Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	$ 3,016.7	$ 2,694.1	$ 1,346.8
Other comprehensive income	127.5	99.3	596.4
End of period	3,743.4	3,016.7	2,694.1
Total accumulated other comprehensive loss, net of tax
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(917.5)	(1,017.1)	(1,614.2)
Other comprehensive income (loss) before reclassifications	63.2	37	441.1
Amounts reclassified from accumulated other comprehensive loss	64.2	62.6	156
Other comprehensive income	127.4	99.6	597.1
End of period	(790.1)	(917.5)	(1,017.1)
Pension and other postretirement benefit plan adjustments, net of tax
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(447.8)	(694.1)	(1,271.2)
Other comprehensive income (loss) before reclassifications	(49.7)	170.7	438.9
Amounts reclassified from accumulated other comprehensive loss	90.4	75.6	138.2
Other comprehensive income	40.7	246.3	577.1
End of period	(407.1)	(447.8)	(694.1)
Accumulated currency translation adjustments, net of tax
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(465)	(280.1)	(311.5)
Other comprehensive income (loss) before reclassifications	100.1	(184.9)	31.4
Other comprehensive income	100.1	(184.9)	31.4
End of period	(364.9)	(465)	(280.1)
Accumulated gain (loss), net, cash flow hedge, parent
AOCI Attributable to Parent, Net of Tax [Roll Forward]
Beginning of period	(4.7)	(42.9)	(31.5)
Other comprehensive income (loss) before reclassifications	12.8	51.2	(29.2)
Amounts reclassified from accumulated other comprehensive loss	(26.2)	(13)	17.8
Other comprehensive income	(13.4)	38.2	(11.4)
End of period	$ (18.1)	$ (4.7)	$ (42.9)

Shareowners' Equity - Schedul_2

Shareowners' Equity - Schedule of Reclassifications Out of Accumulated Other Comprehensive Loss (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (expense) income	$ 71.3	$ 1.6	$ (5.7)
Sales	9,058	7,760.4	6,997.4
Cost of sales	(5,341)	(4,658.4)	(4,099.7)
Selling, general and administrative expenses	(2,023.7)	(1,766.7)	(1,680)
Interest expense	(135.3)	(123.2)	(94.6)
Income before income taxes	1,608.5	1,073.6	1,526.2
Income tax provision	(330.5)	(154.5)	(181.9)
Net income attributable to Rockwell Automation, Inc.	1,387.4	932.2	1,358.1
Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Net income attributable to Rockwell Automation, Inc.	64.2	62.6	156
Amortization of prior service cost (credit) \| Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (expense) income	0.1	(0.2)	(4)
Amortization of net actuarial (gain) loss \| Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (expense) income	(2.1)	60.1	142.5
Settlement and curtailment charges \| Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Other (expense) income	123.4	38.6	39.8
Pension and other postretirement benefit plan adjustments, net of tax \| Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Income before income taxes	121.4	98.5	178.3
Income tax provision	(31)	(22.9)	(40.1)
Net income attributable to Rockwell Automation, Inc.	90.4	75.6	138.2
Accumulated gain (loss), net, cash flow hedge, parent \| Reclassification out of Accumulated Other Comprehensive Income
Reclassification Adjustment out of Accumulated Other Comprehensive Income [Line Items]
Sales	(6)	(0.7)	(1.9)
Cost of sales	(33.4)	(21.8)	25.4
Selling, general and administrative expenses	0	0.9	(1.5)
Interest expense	3.5	3.6	2.3
Income before income taxes	(35.9)	(18)	24.3
Income tax provision	9.7	5	(6.5)
Net income attributable to Rockwell Automation, Inc.	$ (26.2)	$ (13)	$ 17.8

Share-Based Compensation - Narr

Share-Based Compensation - Narrative (Details) - USD ($) $ / shares in Units, $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2020
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Pre-tax share-based compensation expense	$ 88.3	$ 68.1	$ 51.7
Income tax benefit related to share-based compensation expense	14.9	$ 11.2	$ 8.6
Unrecognized compensation cost related to share-based compensation awards, net of estimated forfeitures	$ 106.5
Weighted average period for recognition of total unrecognized compensation cost	1 year 8 months 12 days
Stock options
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Expiration period	10 years
Vesting period	3 years
Per share weighted average fair value of stock options granted (in dollars per share)	$ 77.62	$ 87.68	$ 55.50
Total intrinsic value of stock options exercised	$ 69.8	$ 52.8	$ 108.4
Performance shares
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Vesting period	3 years
Percent payout	177%	144%	93%
Payout percentage in December 2020 for performance period ending September 30, 2020	92%
Maximum potential shares to be delivered in payment under performance share awards (in shares)	32,000
Weighted average grant date fair value of awards granted (in dollars per share)	$ 340.77	$ 481.28	$ 298.10
Total fair value of shares vested	$ 12.5	$ 23.4	$ 7.4
Shares granted in the period (in shares)	66,000
Performance shares \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Percent payout	0%	0%	0%	0%
Performance shares \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Percent payout	200%	200%	200%	200%
Restricted stock and restricted stock units
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Weighted average grant date fair value of awards granted (in dollars per share)	$ 263.67	$ 298.44	$ 265.32
Total fair value of shares vested	$ 54.4	$ 35.6	$ 10.4
Shares granted in the period (in shares)	245,000
Restricted stock and restricted stock units \| Minimum
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Vesting period	1 year
Restricted stock and restricted stock units \| Maximum
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Vesting period	5 years
Unrestricted stock
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Weighted average grant date fair value of awards granted (in dollars per share)	$ 261.56	$ 345	$ 228.80
Shares granted in the period (in shares)	6,600
2020 Long Term Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Shares authorized (up to) (in shares)			13,000,000
Shares available for grant (in shares)	8,400,000
2003 Directors Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award, Additional General Disclosures [Abstract]
Shares authorized (up to) (in shares)			500,000

Share-Based Compensation - Sche

Share-Based Compensation - Schedule of Fair Value Assumptions (Details)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Stock options
Fair value assumptions for share-based compensation awards
Average risk-free interest rate	3.78%	0.38%	0.38%
Expected dividend yield	1.82%	1.28%	1.73%
Expected volatility	34%	31%	31%
Expected term (years)	4 years 9 months 18 days	4 years 9 months 18 days	4 years 10 months 24 days
Performance shares
Fair value assumptions for share-based compensation awards
Average risk-free interest rate	4.08%	0.94%	0.19%
Expected dividend yield	1.82%	1.28%	1.73%
Expected volatility	39%	36%	37%

Share-Based Compensation - Summ

Share-Based Compensation - Summary of Stock Option Activity (Details) $ / shares in Units, shares in Thousands, $ in Millions	12 Months Ended
	Sep. 30, 2023 USD ($) $ / shares shares
Shares (in thousands)
Outstanding at beginning of period (in shares) \| shares	2,246
Granted (in shares) \| shares	233
Exercised (in shares) \| shares	(539)
Forfeited (in shares) \| shares	(14)
Canceled (in shares) \| shares	(2)
Outstanding at end of period (in shares) \| shares	1,924
Exercisable (in shares) \| shares	1,554
Wtd. Avg. Exercise Price
Outstanding at beginning of period (in dollars per share) \| $ / shares	$ 186.72
Granted (in dollars per share) \| $ / shares	259.82
Exercised (in dollars per share) \| $ / shares	165.34
Forfeited (in dollars per share) \| $ / shares	282.78
Canceled (in dollars per share) \| $ / shares	350.76
Outstanding at end of period (in dollars per share) \| $ / shares	200.03
Exercisable (in dollars per share) \| $ / shares	$ 180.80
Wtd. Avg. Remaining Contractual Term (years)
Outstanding at end of period	5 years 7 months 6 days
Exercisable	4 years 10 months 24 days
Aggregate Intrinsic Value of In-The-Money Options (in millions)
Outstanding at end of period \| $	$ 172.9
Exercisable \| $	$ 165.4

Share-Based Compensation - Su_2

Share-Based Compensation - Summary of Performance Share and Restricted Stock Unit Activity (Details) - $ / shares shares in Thousands	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Performance shares
Shares (in thousands)
Outstanding at beginning of period (in shares)	97
Granted (in shares)	66
Adjustment for performance results achieved (in shares)	22
Vested and issued (in shares)	(48)	(68)	(31)
Forfeited (in shares)	(6)
Outstanding at end of period (in shares)	131	97
Wtd. Avg. Grant Date Share Fair Value
Outstanding at beginning of period (in dollars per share)	$ 354.29
Granted (in dollars per share)	340.77	$ 481.28	$ 298.10
Adjustment for performance results achieved (in dollars per share)	265.04
Vested and issued (in dollars per share)	265.04
Forfeited (in dollars per share)	381.85
Outstanding at end of period (in dollars per share)	$ 364.57	$ 354.29
Vesting period	3 years
Restricted stock and restricted stock units
Shares (in thousands)
Outstanding at beginning of period (in shares)	448
Granted (in shares)	245
Vested and issued (in shares)	(198)
Forfeited (in shares)	(28)
Outstanding at end of period (in shares)	467	448
Wtd. Avg. Grant Date Share Fair Value
Outstanding at beginning of period (in dollars per share)	$ 271.71
Granted (in dollars per share)	263.67	$ 298.44	$ 265.32
Vested and issued (in dollars per share)	256.98
Forfeited (in dollars per share)	279.30
Outstanding at end of period (in dollars per share)	$ 273.28	$ 271.71

Share-Based Compensation - Sc_2

Share-Based Compensation - Schedule of Performance Shares Vested (Details) - Performance shares - USD ($) shares in Thousands, $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percent payout	177%	144%	93%
Shares vested (in thousands) (in shares)	48	68	31
Vested shares, Total Fair Value	$ 12.5	$ 23.4	$ 7.4

Retirement Benefits - Narrative

Retirement Benefits - Narrative (Details) - USD ($)	12 Months Ended
Retirement Benefits - Narrative (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Expense related to defined contribution savings plans	$ 76,900,000	$ 63,800,000	$ 58,500,000
Defined benefit plan, percentage of benefit obligation relating to domestic plan	70%
Recognized prior service credits	$ 123,500,000
Recognized prior service credits, net of tax	91,900,000
Recognized net actuarial losses	(2,100,000)
Recognized net actuarial losses, net of tax	$ (1,500,000)
Defined benefit plan, net periodic benefit cost (credit) excluding service cost, statement of income or comprehensive income [extensible enumeration]	Comprehensive Income (Loss), Net of Tax, Including Portion Attributable to Noncontrolling Interest
Defined benefit plan, accumulated benefit obligation	$ 2,584,600,000	2,982,000,000
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Voluntary contribution to U.S. qualified pension plan	26,600,000	54,300,000
Recognized prior service credits	100,000	600,000	1,400,000
Recognized net actuarial losses	(2,600,000)	$ 59,400,000	$ 141,400,000
Estimated future payments, during next fiscal year	$ 26,600,000
Pension Benefits \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	6.10%	5.65%	3.10%
Pension Benefits \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.65%	4.35%
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Voluntary contribution to U.S. qualified pension plan	$ 9,100,000	$ 7,900,000
Recognized prior service credits	0	(800,000)	$ (5,400,000)
Recognized net actuarial losses	500,000	$ 700,000	$ 1,100,000
Estimated future payments, during next fiscal year	$ 7,300,000
Other Postretirement Benefits \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	6.20%	5.70%
Other Postretirement Benefits \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.75%	5.10%
Minimum
Defined Benefit Plan Disclosure [Line Items]
Company contribution to defined contribution plan (percentage)	3%
Maximum
Defined Benefit Plan Disclosure [Line Items]
Company contribution to defined contribution plan (percentage)	7%
Qualified Plan \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Voluntary contribution to U.S. qualified pension plan	$ 0	$ 0

Retirement Benefits - Schedule

Retirement Benefits - Schedule of Components of Net Periodic Benefit Cost (Income) (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Amortization [Abstract]
Amortization of prior service cost (credit)	$ 123.5
Amortization of net actuarial (gain) loss	(2.1)
Pension Benefits
Components of net periodic benefit cost
Service cost	$ 42	$ 70.9	$ 90.1
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Interest cost	$ 149.7	$ 135.6	$ 125.6
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Expected Return (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Expected return on plan assets	$ (190.6)	$ (230.7)	$ (241.3)
Amortization [Abstract]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Amortization of Prior Service Cost (Credit), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Amortization of prior service cost (credit)	$ 0.1	$ 0.6	$ 1.4
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Immediate Recognition of Actuarial Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Amortization of net actuarial (gain) loss	$ (2.6)	$ 59.4	$ 141.4
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Settlement and Curtailment Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Settlement and curtailment charges	$ 123.4	$ 38.6	$ 39.8
Net periodic benefit cost (income)	122	74.4	157
Other Postretirement Benefits
Components of net periodic benefit cost
Service cost	$ 0.6	$ 0.8	$ 1.2
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Interest Cost, Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Interest cost	$ 2.2	$ 1.3	$ 1.2
Expected return on plan assets	$ 0	$ 0	$ 0
Amortization [Abstract]
Defined Benefit Plan, Net Periodic Benefit Cost (Credit), Amortization of Prior Service Cost (Credit), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Amortization of prior service cost (credit)	$ 0	$ (0.8)	$ (5.4)
Defined Benefit Plan, Net Periodic Benefit (Cost) Credit, Immediate Recognition of Actuarial Gain (Loss), Statement of Income or Comprehensive Income [Extensible Enumeration]	Other Income (Expense)	Other Income (Expense)	Other Income (Expense)
Amortization of net actuarial (gain) loss	$ 0.5	$ 0.7	$ 1.1
Settlement and curtailment charges	0	0	0
Net periodic benefit cost (income)	$ 3.3	$ 2	$ (1.9)

Retirement Benefits - Schedul_2

Retirement Benefits - Schedule of Significant Assumptions Used in Determining Net Periodic Benefit Cost (Income) and Benefit Obligations (Details)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
U.S. Plans \| Pension Benefits
Net periodic benefit cost assumptions
Discount rate	5.65%	3.86%	2.90%
Expected return on plan assets	7%	7%	7.25%
Compensation increase rate	3.30%	3.40%	3.40%
U.S. Plans \| Other Postretirement Benefits
Net periodic benefit cost assumptions
Discount rate	5.70%	2.50%	2.15%
Expected return on plan assets	0%	0%	0%
Compensation increase rate	0%	0%	0%
Non-U.S. Plans \| Pension Benefits
Net periodic benefit cost assumptions
Discount rate	4.35%	2.01%	1.56%
Expected return on plan assets	4.93%	4.59%	4.68%
Compensation increase rate	3.03%	3%	2.90%
Non-U.S. Plans \| Other Postretirement Benefits
Net periodic benefit cost assumptions
Discount rate	5.10%	2.90%	2.20%
Expected return on plan assets	0%	0%	0%
Compensation increase rate	0%	0%	0%

Retirement Benefits - Schedul_3

Retirement Benefits - Schedule of Net Funded Status (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	$ 2,903.9
Plan assets at end of year	2,457.4	$ 2,903.9
Net amount on balance sheet consists of
Retirement benefits	(503.6)	(471.2)
Pension Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	3,165.6	4,751.8
Service cost	42	70.9	$ 90.1
Interest cost	149.7	135.6	125.6
Actuarial losses (gains)	81.1	(1,216.8)
Plan amendments	0	4.6
Plan participant contributions	1.8	2.2
Benefits paid	(151.1)	(153.8)
Settlements and curtailments	(585.6)	(320.4)
Currency translation and other	47.3	(108.5)
Benefit obligation at end of year	2,750.8	3,165.6	4,751.8
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	2,903.9	4,192.2
Actual return on plan assets	209.7	(768)
Company contributions	26.6	54.3
Plan participant contributions	1.8	2.2
Benefits paid	(151.1)	(153.8)
Settlements and curtailments	(585.6)	(312.2)
Currency translation and other	52.1	(110.8)
Plan assets at end of year	2,457.4	2,903.9	4,192.2
Funded status of plans	(293.4)	(261.7)
Net amount on balance sheet consists of
Other assets	150.4	158.8
Compensation and benefits	(16.8)	(15.1)
Retirement benefits	(427)	(405.4)
Net amount on balance sheet	(293.4)	(261.7)
Other Postretirement Benefits
Defined Benefit Plan, Change in Benefit Obligation [Roll Forward]
Benefit obligation at beginning of year	44.2	51.5
Service cost	0.6	0.8	1.2
Interest cost	2.2	1.3	1.2
Actuarial losses (gains)	8.7	(1.1)
Plan amendments	0	0
Plan participant contributions	4.2	3.8
Benefits paid	(13.3)	(11.7)
Settlements and curtailments	0	0
Currency translation and other	(0.2)	(0.4)
Benefit obligation at end of year	46.4	44.2	51.5
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	0	0
Actual return on plan assets	0	0
Company contributions	9.1	7.9
Plan participant contributions	4.2	3.8
Benefits paid	(13.3)	(11.7)
Settlements and curtailments	0	0
Currency translation and other	0	0
Plan assets at end of year	0	0	$ 0
Funded status of plans	(46.4)	(44.2)
Net amount on balance sheet consists of
Other assets	0	0
Compensation and benefits	(7.1)	(6.4)
Retirement benefits	(39.3)	(37.8)
Net amount on balance sheet	$ (46.4)	$ (44.2)

Retirement Benefits - Schedul_4

Retirement Benefits - Schedule of Amounts Included in Accumulated Other Comprehensive Loss, Net of Tax (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Pension Benefits
Defined Benefit Plan Disclosure [Line Items]
Prior service (credit) cost	$ (153.2)	$ (61.3)
Net actuarial loss	548.9	503.9
Total	395.7	442.6
Other Postretirement Benefits
Defined Benefit Plan Disclosure [Line Items]
Prior service (credit) cost	4.7	4.7
Net actuarial loss	6.7	0.5
Total	$ 11.4	$ 5.2

Retirement Benefits - Schedul_5

Retirement Benefits - Schedule of Accumulated and Project Benefit Obligations (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Plan, Pension Plan with Project Benefit Obligation in Excess of Plan Assets [Abstract]
Projected benefit obligation	$ 2,082.7	$ 2,529
Fair value of plan assets	1,638.9	2,108.5
Defined Benefit Plan, Plan with Accumulated Benefit Obligation in Excess of Plan Assets [Abstract]
Accumulated benefit obligation	1,926.2	2,365.5
Fair value of plan assets	$ 1,626.7	$ 2,108.5

Retirement Benefits - Schedul_6

Retirement Benefits - Schedule of Significant Assumptions Used in Determining Benefit Obligations (Details)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Expected gross health care cost trend rate	5%
Pension Benefits \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	6.10%	5.65%	3.10%
Compensation increase rate	3.60%	3.30%
Health care cost trend rate	0%	0%
Pension Benefits \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	4.65%	4.35%
Compensation increase rate	3.24%	3.03%
Health care cost trend rate	0%	0%
Other Postretirement Benefits \| U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	6.20%	5.70%
Compensation increase rate	0%	0%
Health care cost trend rate	6.50%	6.50%
Expected gross health care cost trend rate	0%
Other Postretirement Benefits \| Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Discount rate	5.75%	5.10%
Compensation increase rate	0%	0%
Health care cost trend rate	4.50%	4.50%

Retirement Benefits - Schedul_7

Retirement Benefits - Schedule of Expected Benefit Payments (Details) $ in Millions	Sep. 30, 2023 USD ($)
Pension Benefits
Estimated future benefit payments
2024	$ 302.8
2025	210.5
2026	213.4
2027	226.6
2028	222.4
2029-2033	1,124.7
Other Postretirement Benefits
Estimated future benefit payments
2024	7.3
2025	6.8
2026	6.2
2027	5.6
2028	5
2029-2033	$ 15.5

Retirement Benefits - Schedul_8

Retirement Benefits - Schedule of Weighted Average Allocation Of Plan Assets (Details)	Sep. 30, 2023	Sep. 30, 2022
Equity securities
Asset Allocation
Target Allocations	38%
As of the balance sheet date	50%	53%
Debt securities
Asset Allocation
Target Allocations	52%
As of the balance sheet date	43%	41%
Other
Asset Allocation
Target Allocations	10%
As of the balance sheet date	7%	6%

Retirement Benefits - Schedul_9

Retirement Benefits - Schedule of Allocation of Plan Assets (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	$ 2,457.4	$ 2,903.9
Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	67.6	58.7	$ 111.8
U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	1,618.8	2,091.3
U.S. Plans \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	1,607.1	2,073.3
U.S. Plans \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	637.8	813.9
U.S. Plans \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	969.3	1,259.4
U.S. Plans \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Cash and cash equivalents \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	3.2	3.1
U.S. Plans \| Cash and cash equivalents \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	3.2	3.1
U.S. Plans \| Cash and cash equivalents \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Cash and cash equivalents \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Mutual funds \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	40.5	53.1
U.S. Plans \| Mutual funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	40.5	53.1
U.S. Plans \| Mutual funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Mutual funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Preferred and common stock \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	381.8	532.9
U.S. Plans \| Preferred and common stock \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	381.8	532.9
U.S. Plans \| Preferred and common stock \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Preferred and common stock \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Common collective trusts \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	447.4	621.1
U.S. Plans \| Common collective trusts \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Common collective trusts \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	447.4	621.1
U.S. Plans \| Common collective trusts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Preferred and corporate debt \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	387.2	453.1
U.S. Plans \| Preferred and corporate debt \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Preferred and corporate debt \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	387.2	453.1
U.S. Plans \| Preferred and corporate debt \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Government securities \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	242.5	266.4
U.S. Plans \| Government securities \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	212.3	224.8
U.S. Plans \| Government securities \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	30.2	41.6
U.S. Plans \| Government securities \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Common collective trusts \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	104.5	143.6
U.S. Plans \| Common collective trusts \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Common collective trusts \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	104.5	143.6
U.S. Plans \| Common collective trusts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
U.S. Plans \| Insurance contracts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets		0	0.9
U.S. Plans \| Private equity and alternative equity \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	11.7	18
Non-U.S. Plans
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	838.6	812.6
Non-U.S. Plans \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	819.9	796.3
Non-U.S. Plans \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	162.5	157.8
Non-U.S. Plans \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	589.8	579.8
Non-U.S. Plans \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	67.6	58.7
Non-U.S. Plans \| Cash and cash equivalents \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	7	13.3
Non-U.S. Plans \| Cash and cash equivalents \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	7	13.3
Non-U.S. Plans \| Cash and cash equivalents \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Cash and cash equivalents \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Preferred and common stock \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	154.7	143.2
Non-U.S. Plans \| Preferred and common stock \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	154.7	143.2
Non-U.S. Plans \| Preferred and common stock \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Preferred and common stock \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Common collective trusts \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	209.7	185.1
Non-U.S. Plans \| Common collective trusts \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Common collective trusts \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	209.7	185.1
Non-U.S. Plans \| Common collective trusts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Preferred and corporate debt \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	30.3	39.7
Non-U.S. Plans \| Preferred and corporate debt \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Preferred and corporate debt \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	30.3	39.7
Non-U.S. Plans \| Preferred and corporate debt \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Government securities \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0.8	1.3
Non-U.S. Plans \| Government securities \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0.8	1.3
Non-U.S. Plans \| Government securities \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Government securities \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Common collective trusts \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	294.5	291.3
Non-U.S. Plans \| Common collective trusts \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Common collective trusts \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	294.5	291.3
Non-U.S. Plans \| Common collective trusts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Real estate funds \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	55.3	63.7
Non-U.S. Plans \| Real estate funds \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Real estate funds \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	55.3	63.7
Non-U.S. Plans \| Real estate funds \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Real estate funds \| Fair Value Measured at Net Asset Value Per Share
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	18.7	16.3
Non-U.S. Plans \| Insurance contracts \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	65.2	54.9
Non-U.S. Plans \| Insurance contracts \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Insurance contracts \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Insurance contracts \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	65.2	54.9	106.2
Non-U.S. Plans \| Other \| Fair Value, Inputs, Level 1, 2 and 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	2.4	3.8
Non-U.S. Plans \| Other \| Level 1
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Other \| Level 2
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	0	0
Non-U.S. Plans \| Other \| Level 3
Defined Benefit Plan Disclosure [Line Items]
Defined benefit plan fair value of plan assets	$ 2.4	$ 3.8	$ 4.7

Retirement Benefits - Defined B

Retirement Benefits - Defined Benefit Plan Change in Fair Value of Plan Assets Level Three (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	$ 2,903.9
Plan assets at end of year	2,457.4	$ 2,903.9
Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	58.7	111.8
Realized Gains (Losses)	0	0
Unrealized Gains (Losses)	9.6	(51.6)
Purchases, Sales, Issuances, and Settlements, Net	(0.7)	(1.5)
Plan assets at end of year	67.6	58.7
U.S. Plans
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	2,091.3
Plan assets at end of year	1,618.8	2,091.3
U.S. Plans \| Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	0
Plan assets at end of year	0	0
U.S. Plans \| Level 3 \| Insurance contracts
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	0	0.9
Realized Gains (Losses)		0
Unrealized Gains (Losses)		0
Purchases, Sales, Issuances, and Settlements, Net		(0.9)
Plan assets at end of year		0
Non-U.S. Plans
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	812.6
Plan assets at end of year	838.6	812.6
Non-U.S. Plans \| Level 3
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	58.7
Plan assets at end of year	67.6	58.7
Non-U.S. Plans \| Level 3 \| Insurance contracts
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	54.9	106.2
Realized Gains (Losses)	0	0
Unrealized Gains (Losses)	9.6	(50.9)
Purchases, Sales, Issuances, and Settlements, Net	0.7	(0.4)
Plan assets at end of year	65.2	54.9
Non-U.S. Plans \| Level 3 \| Other
Defined Benefit Plan, Change in Fair Value of Plan Assets [Roll Forward]
Plan assets at beginning of year	3.8	4.7
Realized Gains (Losses)	0	0
Unrealized Gains (Losses)	0	(0.7)
Purchases, Sales, Issuances, and Settlements, Net	(1.4)	(0.2)
Plan assets at end of year	$ 2.4	$ 3.8

Other (Expense) Income (Details

Other (Expense) Income (Details) - USD ($) $ in Millions	12 Months Ended
Other (Expense) Income (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Components of other income (expense)
Interest income	$ 9.7	$ 4.4	$ 1.6
Royalty income	13.2	10.9	10.2
Legacy product liability and environmental charges	(18.1)	(15.6)	(10.6)
Non-operating pension and postretirement benefit cost	(82.7)	(4.7)	(63.8)
Legal settlement (Note 17)	0	0	70
Other	6.6	3.4	(1.7)
Other (expense) income	$ (71.3)	$ (1.6)	$ 5.7

Income Taxes - Schedule of Inco

Income Taxes - Schedule of Income Tax Data (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Components of Income before income taxes
United States	$ 794.2	$ 371.3	$ 885.1
Non-United States	814.3	702.3	641.1
Income before income taxes	1,608.5	1,073.6	1,526.2
Components of Income tax provision
United States	221.3	71.6	149.6
Non-United States	160.6	102.9	190.7
State and local	48.7	13.6	25.7
Total current	430.6	188.1	366
Deferred
United States	(84.6)	(10.7)	(154.7)
Non-United States	6	(13)	(19)
State and local	(21.5)	(9.9)	(10.4)
Total deferred	(100.1)	(33.6)	(184.1)
Income tax provision	330.5	154.5	181.9
Total income taxes paid	$ 344.9	$ 340.2	$ 329.3

Income Taxes - Schedule of Effe

Income Taxes - Schedule of Effective Income Tax Rate Reconciliation (Details)	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Effective Tax Rate Reconciliation
Statutory tax rate	21%	21%	21%
State and local income taxes	1.50%	0.50%	1.40%
Non-United States taxes	(4.70%)	(5.40%)	(3.80%)
Repatriation of foreign earnings	0.90%	1.10%	0.90%
Foreign-derived intangible income	(0.60%)	(0.50%)	(2.80%)
Settlements with taxing authorities	0.30%	0%	(1.00%)
Change in valuation allowance	4.10%	(0.50%)	(1.70%)
Share-based compensation	(0.60%)	(1.00%)	(1.10%)
Research and development tax credit	(1.30%)	(1.00%)	(0.60%)
Other	(0.10%)	0.20%	(0.40%)
Effective income tax rate	20.50%	14.40%	11.90%

Income Taxes - Narrative (Detai

Income Taxes - Narrative (Details) - USD ($)	12 Months Ended
Income Taxes - Narrative (Details) - USD ($)	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021	Sep. 30, 2020
Income Tax Disclosure [Abstract]
Income tax liabilities	$ 175,300,000	$ 233,700,000
Income tax paid	31,100,000	31,200,000	$ 31,200,000
Effective income tax rate reconciliation, change in deferred tax assets valuation allowance, amount			0
Tax benefit attributable to non-U.S. government sponsored tax incentive programs	$ 62,100,000	$ 58,300,000	$ 61,200,000
Tax benefit per diluted share attributable to non-U.S. government sponsored tax incentive programs (in usd per share)	$ 0.54	$ 0.50	$ 0.52
Undistributed earnings of foreign subsidiaries	$ 125,800,000
Gross unrecognized tax benefits	9,800,000	$ 3,900,000	$ 4,300,000	$ 25,500,000
Accrued interest and penalties for unrecognized tax benefits	900,000	1,400,000	1,500,000
Benefits (expense) recognized for interest and penalties related to unrecognized tax benefits	500,000	$ 0	$ 2,500,000
Reasonably possible amount of reduction of gross unrecognized tax benefit in the next twelve months	2,300,000
Reasonably possible amount of net reduction to income tax provision in the next twelve months if unrecognized tax benefits were recognized, including the recognition of interest and penalties and offsetting tax assets	$ 3,100,000

Income Taxes - Schedule of Defe

Income Taxes - Schedule of Deferred Tax Assets and Liabilities (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Deferred income tax assets
Compensation and benefits	$ 35	$ 26.7
Inventory	15.5	10.4
Returns, rebates, and incentives	75.1	61.7
Retirement benefits	85.4	80.7
Environmental remediation and other site-related costs	23.6	23.6
Share-based compensation	22.7	21.5
Other accruals and reserves	333.3	249.9
Net operating loss carryforwards	60.8	85.2
Tax credit carryforwards	9.2	19.3
Capital loss carryforwards	14.4	13
Other	48.1	10.7
Subtotal	723.1	602.7
Valuation allowance	(89.1)	(23.1)
Net deferred income tax assets	634	579.6
Deferred income tax liabilities
Property	(44.1)	(36.9)
Intangible assets	(144.8)	(149.8)
Investments	0	(26)
Unremitted earnings of foreign subsidiaries	(27.2)	(20)
Other	(1.8)	(2.1)
Deferred income tax liabilities	(217.9)	(234.8)
Total net deferred income tax assets	$ 416.1	$ 344.8

Income Taxes - Schedule of Tax

Income Taxes - Schedule of Tax Attributes and Valuation Allowances (Details) - USD ($) $ in Millions	Sep. 30, 2023	Sep. 30, 2022
Tax Benefit Amount
Capital loss carryforwards	$ 14.4	$ 13
Net operating loss carryforwards	60.8	85.2
State tax credit carryforward	9.2	$ 19.3
Subtotal	84.4
Other deferred tax assets	31.9
Total	116.3
Valuation Allowance
Tax credit carryforward	31.9
Subtotal	57.2
Total	89.1
Non-United States
Tax Benefit Amount
Net operating loss carryforward, subject to expiration	5.9
Net operating loss carryforward, not subject to expiration	46.1
Capital loss carryforwards	14.4
Valuation Allowance
Net operating loss carryforward, subject to expiration	2.5
Net operating loss carryforward, not subject to expiration	39.3
Non-United States capital loss carryforward	14.4
United States
Tax Benefit Amount
Net operating loss carryforward, subject to expiration	0.1
State tax credit carryforward	0.9
Valuation Allowance
Net operating loss carryforward, subject to expiration	0
Tax credit carryforward	0
State and Local
Tax Benefit Amount
Net operating loss carryforwards	8.7
State tax credit carryforward	8.3
Valuation Allowance
Net operating loss carryforward, subject to expiration	1
Tax credit carryforward	$ 0

Income Taxes - Schedule of Gros

Income Taxes - Schedule of Gross Unrecognized Tax Benefits (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Unrecognized tax benefits, excluding interest and penalties
Gross unrecognized tax benefits balance at beginning of year	$ 3.9	$ 4.3	$ 25.5
Additions based on tax positions related to the current year	3.9	0.1	0.1
Additions based on tax positions related to prior years	3.2	0	0.4
Reductions related to settlements with taxing authorities	(1)	(0.5)	(18.1)
Reductions related to lapses of statute of limitations	(0.2)	0	(3.6)
Gross unrecognized tax benefits balance at end of year	$ 9.8	$ 3.9	$ 4.3

Commitments and Contingent Li_2

Commitments and Contingent Liabilities - Narrative (Details) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2023 USD ($) site	Sep. 30, 2022 USD ($)
Loss Contingencies [Line Items]
Number of Superfund sites designated potentially responsible party at \| site			14
Accrual for environmental loss contingencies, net of related receivables			$ 44.5	$ 46
Asset retirement obligation, net of recoveries			38.8	24.6
Gain (loss) related to litigation settlement	$ 70	$ 70
Asbestos Liability
Loss Contingencies [Line Items]
Loss contingency accrual			$ 20	$ 14.3

Leases - Narrative (Details)

Leases - Narrative (Details) $ in Millions	Sep. 30, 2023 USD ($)
Lessee, Lease, Description [Line Items]
Operating lease obligations not yet commenced	$ 52.1
Minimum
Lessee, Lease, Description [Line Items]
Lease term	1 year
Maximum
Lessee, Lease, Description [Line Items]
Lease term	15 years

Leases - Components of Lease Ex

Leases - Components of Lease Expense (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Leases [Abstract]
Operating lease expense	$ 100.2	$ 103.6	$ 109.8
Variable lease expense	18.8	16.6	15.8
Finance Leases
Amortization of right-of-use assets	5.2	6.9	1.7
Interest on lease liabilities	0.3	0.6	0.4
Total lease expense	$ 124.5	$ 127.7	$ 127.7

Leases - Supplemental Balance S

Leases - Supplemental Balance Sheet (Details)	Sep. 30, 2023	Sep. 30, 2022
Weighted average remaining lease term
Operating leases	5 years 9 months 18 days	6 years 3 months 18 days
Finance leases	1 year 7 months 6 days	3 years
Weighted average discount rate
Operating leases	3.03%	2.07%
Finance leases	3.27%	2.04%

Leases - Operating Lease Maturi

Leases - Operating Lease Maturity (Details) $ in Millions	Sep. 30, 2023 USD ($)
Finance Leases
2024	$ 7
2025	3.4
2026	0
2027	0
2028	0
Thereafter	0
Total undiscounted lease payments	10.4
Less: Imputed interest	(0.3)
Total lease liabilities	10.1
Operating Leases
2024	93.5
2025	82.9
2026	64.4
2027	49.1
2028	35.4
Thereafter	73.9
Total undiscounted lease payments	399.2
Less: Imputed interest	(30.5)
Total lease liabilities	$ 368.7

Leases - Supplemental Cash Flow

Leases - Supplemental Cash Flows (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Cash paid for amounts included in the measurement of lease liabilities
Operating cash flows from operating leases	$ 101.7	$ 102.9	$ 108.5
Operating cash flows from finance leases	0.3	0.6	0.4
Financing cash flows from finance leases	5.5	8.8	1.8
Right-Of-Use Asset Obtained In Exchange For Lease Liability [Abstract]
Operating leases	93.3	63.4	90.6
Financing leases	$ 0	$ 11.8	$ 0.9

Business Segment Information -

Business Segment Information - Narrative (Details) $ in Millions	3 Months Ended		12 Months Ended
	Dec. 31, 2022 USD ($)	Dec. 31, 2021 USD ($)	Sep. 30, 2023 USD ($) segment	Sep. 30, 2022 USD ($)	Sep. 30, 2021 USD ($)
Segment Reporting Information [Line Items]
Number of operating segments \| segment			3
Gain (loss) related to litigation settlement	$ 70	$ 70
Identifiable assets			$ 11,304	$ 10,758.7	$ 10,701.6
Sales			9,058	7,760.4	6,997.4
Intelligent Devices
Segment Reporting Information [Line Items]
Sales			4,098.2	3,544.6
U.S. Plans
Segment Reporting Information [Line Items]
Sales			$ 4,773.2	$ 4,315.5	$ 3,740.2
Customer Concentration Risk \| Revenue from Contract with Customer Benchmark \| Systems And Services
Segment Reporting Information [Line Items]
Portion of total sales from individual segment			20%	20%	20%
Corporate
Segment Reporting Information [Line Items]
Identifiable assets			$ 2,551.3	$ 2,832.7	$ 2,433.6
Corporate \| Shared by segments and used in operating activities
Segment Reporting Information [Line Items]
Identifiable assets			$ 240.9	$ 205.8	$ 275.8

Business Segment Information _2

Business Segment Information - Schedule of Reportable Segments (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Sales	$ 9,058	$ 7,760.4	$ 6,997.4
Sales and operating results of reportable segments
Purchase accounting depreciation and amortization, and impairment	(264.4)	(103.9)	(55.1)
Corporate and other	(127.9)	(104.7)	(120.6)
Non-operating pension and postretirement benefit cost	(82.7)	(4.7)	(63.8)
Change in fair value of investments	279.3	(136.9)	397.4
Legal settlement	0	0	70
Interest expense, net	(125.6)	(118.8)	(93)
Income before income taxes	1,608.5	1,073.6	1,526.2
Operating Segments
Segment Reporting Information [Line Items]
Sales	9,058	7,760.4	6,997.4
Segment operating earnings	1,929.8	1,542.6	1,391.3
Intelligent Devices
Segment Reporting Information [Line Items]
Sales	4,098.2	3,544.6
Intelligent Devices \| Operating Segments
Segment Reporting Information [Line Items]
Sales	4,098.2	3,544.6	3,311.9
Segment operating earnings	828.2	717.6	702.1
Software & Control
Segment Reporting Information [Line Items]
Sales	2,886	2,312.9
Software & Control \| Operating Segments
Segment Reporting Information [Line Items]
Sales	2,886	2,312.9	1,947
Segment operating earnings	953.2	666.7	531
Lifecycle Services \| Operating Segments
Segment Reporting Information [Line Items]
Sales	2,073.8	1,902.9	1,738.5
Segment operating earnings	$ 148.4	$ 158.3	$ 158.2

Business Segment Information _3

Business Segment Information - Components of Identifiable Assets, Depreciation and Amortization, and Capital Expenditures for Property (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Segment Reporting Information [Line Items]
Identifiable assets	$ 11,304	$ 10,758.7	$ 10,701.6
Depreciation and amortization	250.4	238.9	189.8
Purchase accounting depreciation and amortization	106.9	103.9	55.1
Impairment	157.5	0	0
Capital expenditures	160.5	141.1	120.3
Operating Segments
Segment Reporting Information [Line Items]
Depreciation and amortization	143.5	135	134.7
Corporate
Segment Reporting Information [Line Items]
Identifiable assets	2,551.3	2,832.7	2,433.6
Depreciation and amortization	2.5	1.7	1.7
Capital expenditures	35.9	32.9	18.3
Intelligent Devices
Segment Reporting Information [Line Items]
Impairment	0
Intelligent Devices \| Operating Segments
Segment Reporting Information [Line Items]
Identifiable assets	2,676.2	2,070	2,143.3
Depreciation and amortization	49.7	45.8	48.6
Capital expenditures	60.7	45.6	52
Software & Control
Segment Reporting Information [Line Items]
Impairment	0
Software & Control \| Operating Segments
Segment Reporting Information [Line Items]
Identifiable assets	4,240.7	3,887.6	4,000.4
Depreciation and amortization	55.8	47	49.1
Capital expenditures	40.2	29.7	30.4
Lifecycle Services \| Operating Segments
Segment Reporting Information [Line Items]
Identifiable assets	1,835.8	1,968.4	2,124.3
Depreciation and amortization	35.5	40.5	35.3
Capital expenditures	$ 23.7	$ 32.9	$ 19.6

Business Segment Information _4

Business Segment Information - Schedule of Sales and Property by Geographic Region (Details) - USD ($) $ in Millions	12 Months Ended
	Sep. 30, 2023	Sep. 30, 2022	Sep. 30, 2021
Sales and property by geographic region
Sales	$ 9,058	$ 7,760.4	$ 6,997.4
Property	684.2	586.5	581.9
North America
Sales and property by geographic region
Sales	5,224	4,722	4,132.8
Property	478.8	430.7	416.1
U.S. Plans
Sales and property by geographic region
Sales	4,773.2	4,315.5	3,740.2
Europe, Middle East and Africa
Sales and property by geographic region
Sales	1,870.6	1,437.6	1,405.7
Property	116.4	78.9	91.1
Asia Pacific
Sales and property by geographic region
Sales	1,358	1,088	1,012.2
Property	66.2	58.6	54.8
Latin America
Sales and property by geographic region
Sales	605.4	512.8	446.7
Property	$ 22.8	$ 18.3	$ 19.9

Valuation and Qualifying Acco_2

Valuation and Qualifying Accounts (Details) - USD ($) $ in Millions		12 Months Ended
		Sep. 30, 2023		Sep. 30, 2022		Sep. 30, 2021
Allowance for doubtful accounts
Valuation and Qualifying Accounts
Balance at Beginning of Year		$ 13.1	[1]	$ 13.2		$ 15.2
Charged to Costs and Expenses		8.5	[1]	4.7		3.1
Charged to Other Accounts		0.2	[1]	0		0.4
Deductions		5		4.8	[2]	5.5	[2]
Balance at End of Year		16.8	[1]	13.1	[1]	13.2
Valuation allowance for deferred tax assets (3)
Valuation and Qualifying Accounts
Balance at Beginning of Year		23.1		32.6		58
Charged to Costs and Expenses		66.4		3.4		5.4
Charged to Other Accounts		1.5		1.1		1.5
Deductions	[2]	1.9		14		32.3
Balance at End of Year		$ 89.1		$ 23.1		$ 32.6

[1]Includes allowances for current and other long-term receivables.[2]Consists of amounts written off for the allowance for doubtful accounts and adjustments resulting from our ability to utilize foreign tax credits, capital losses, or net operating loss carryforwards for which a valuation allowance had previously been recorded.

Subsequent Events - Additional

Subsequent Events - Additional Details (Details) - Subsequent Event - USD ($) $ in Millions	Nov. 01, 2023	Oct. 02, 2023
Clearpath Robotics
Business Acquisition [Line Items]
Purchase consideration		$ 565
Contingent consideration		$ 50
Verve Industrial Protection
Business Acquisition [Line Items]
Purchase consideration	$ 185