Rendering

Component: (Network and Table)
Network
2314301 - Disclosure - Retirement Plans (Tables)
(http://www.emerson.com/role/RetirementPlansTables)
Table(Implied)
Slicers (applies to each fact value in each table cell)
Compensation and Retirement Disclosure [Abstract]Period [Axis]
2015-10-01 - 2016-09-30
Compensation and Retirement Disclosure [Abstract]
 
Schedule Of Retirement Plans Expense
Retirement plans expense includes the following components:
 
U.S. Plans
 
Non-U.S. Plans
 
2014

 
2015

 
2016

 
2014

 
2015

 
2016

Defined benefit plans:
 
 
 
 
 
 
 
 
 
 
 
     Service cost (benefits earned during the period)
$
59

 
69

 
59

 
32

 
37

 
26

     Interest cost
182

 
182

 
148

 
53

 
46

 
39

     Expected return on plan assets
(286
)
 
(303
)
 
(296
)
 
(58
)
 
(58
)
 
(52
)
     Net amortization and other
153

 
174

 
166

 
18

 
20

 
17

       Net periodic pension expense
108

 
122

 
77

 
45

 
45

 
30

Defined contribution plans
119

 
111

 
104

 
59

 
61

 
56

             Total retirement plans expense
$
227

 
233

 
181

 
104

 
106

 
86

The components of net postretirement benefits expense for the years ended September 30 follow:
 
2014

 
2015

 
2016

Service cost
$
1

 
1

 
1

Interest cost
11

 
9

 
8

Net amortization
(21
)
 
(22
)
 
(21
)
     Net postretirement expense
$
(9
)
 
(12
)
 
(12
)
 
 
Reconciliations Of Actuarial Present Value Of Projected Benefit Obligations And Fair Value Of Plan Assets For Defined Benefit Pension Plans
Details of the changes in the actuarial present value of the projected benefit obligation and the fair value of plan assets for defined benefit pension plans follow:
 
U.S. Plans
 
Non-U.S. Plans
 
2015

 
2016

 
2015

 
2016

Projected benefit obligation, beginning
$
4,336

 
4,263

 
1,330

 
1,248

     Service cost
69

 
59

 
37

 
26

     Interest cost
182

 
148

 
46

 
39

     Actuarial (gain) loss
137

 
565

 
44

 
275

     Benefits paid
(181
)
 
(191
)
 
(36
)
 
(31
)
     Settlements
(205
)
 
(151
)
 
(25
)
 
(82
)
     Acquisitions (Divestitures), net
(70
)
 

 
(4
)
 
(6
)
     Foreign currency translation and other
(5
)
 
3

 
(144
)
 
(149
)
Projected benefit obligation, ending
$
4,263

 
4,696

 
1,248

 
1,320

 
 
 
 
 
 
 
 
Fair value of plan assets, beginning
$
4,473

 
3,928

 
988

 
935

     Actual return on plan assets
(137
)
 
491

 
49

 
155

     Employer contributions
20

 
31

 
33

 
35

     Benefits paid
(181
)
 
(191
)
 
(36
)
 
(31
)
     Settlements
(205
)
 
(151
)
 
(25
)
 
(82
)
     Acquisitions (Divestitures), net
(44
)
 

 
(2
)
 

     Foreign currency translation and other
2

 
2

 
(72
)
 
(103
)
Fair value of plan assets, ending
$
3,928

 
4,110

 
935

 
909

 
 
 
 
 
 
 
 
     Net amount recognized in the balance sheet
$
(335
)
 
(586
)
 
(313
)
 
(411
)
 
 
 
 
 
 
 
 
Location of net amount recognized in the balance sheet:
 
 
 
 
 
 
 
Noncurrent asset
$

 

 
30

 
1

Current liability
(11
)
 
(11
)
 
(6
)
 
(7
)
Noncurrent liability
(316
)
 
(565
)
 
(227
)
 
(279
)
Net liability held-for-sale
(8
)
 
(10
)
 
(110
)
 
(126
)
     Net amount recognized in the balance sheet
(335
)
 
(586
)
 
(313
)
 
(411
)
 
 
 
 
 
 
 
 
Pretax accumulated other comprehensive loss
$
(1,322
)
 
(1,527
)
 
(306
)
 
(389
)
Details of the changes in actuarial present value of accumulated postretirement benefit obligations follow:
 
2015

 
2016

Benefit obligation, beginning
$
248

 
213

     Service cost
1

 
1

     Interest cost
9

 
8

     Actuarial (gain) loss
(12
)
 

     Benefits paid
(18
)
 
(16
)
     Divestitures
(15
)
 

Benefit obligation, ending (recognized in balance sheet)
$
213

 
206

 
 
Schedule Of Weighted-Average Assumptions Used In Valuations Of Pension Benefits

The weighted-average assumptions used in the valuation of pension benefits follow:
 
U.S. Plans
 
Non-U.S. Plans
 
2014

 
2015

 
2016

 
2014

 
2015

 
2016

Net pension expense
 
 
 
 
 
 
 
 
 
 
 
Discount rate used to determine service cost
4.75
%
 
4.25
%
 
4.60
%
 
4.2
%
 
3.6
%
 
3.3
%
Discount rate used to determine interest cost
4.75
%
 
4.25
%
 
3.50
%
 
4.2
%
 
3.6
%
 
3.3
%
Expected return on plan assets
7.50
%
 
7.50
%
 
7.50
%
 
6.6
%
 
6.6
%
 
6.4
%
Rate of compensation increase
3.25
%
 
3.25
%
 
3.25
%
 
3.2
%
 
3.4
%
 
3.4
%
 
 
 
 
 
 
 
 
 
 
 
 
Benefit obligations
 
 
 
 
 
 
 
 
 
 
 
Discount rate
4.25
%
 
4.35
%
 
3.50
%
 
3.6
%
 
3.3
%
 
2.3
%
Rate of compensation increase
3.25
%
 
3.25
%
 
3.25
%
 
3.4
%
 
3.4
%
 
3.2
%
 
 
Schedule Of Asset Allocations And Weighted-Average Target Allocations
The fair values of defined benefit pension assets as of September 30, organized by asset class and by the fair value hierarchy of ASC 820, Fair Value Measurement, follow:
 
Level 1

 
Level 2

 
Level 3

 
Total

 
%

2016
 
 
 
 
 
 
 
 
 
U.S. equities
$
1,081

 
305

 
292

 
1,678

 
33
%
International equities
627

 
607

 

 
1,234

 
25
%
Emerging market equities

 
257

 

 
257

 
5
%
Corporate bonds

 
648

 

 
648

 
13
%
Government bonds
3

 
749

 

 
752

 
15
%
High-yield bonds

 
122

 

 
122

 
2
%
Other
144

 
71

 
113

 
328

 
7
%
     Total
$
1,855

 
2,759

 
405

 
5,019

 
100
%
 
 
 
 
 
 
 
 
 
 
2015
 
 
 
 
 
 
 
 
 
U.S. equities
$
956

 
460

 
257

 
1,673

 
34
%
International equities
502

 
677

 

 
1,179

 
24
%
Emerging market equities

 
211

 

 
211

 
4
%
Corporate bonds

 
628

 

 
628

 
13
%
Government bonds
2

 
674

 

 
676

 
14
%
High-yield bonds

 
175

 

 
175

 
4
%
Other
140

 
67

 
114

 
321

 
7
%
     Total
$
1,600

 
2,892

 
371

 
4,863

 
100
%
The Company's asset allocations at September 30, 2016 and 2015, and weighted-average target allocations follow:
 
U.S. Plans
 
Non-U.S. Plans
 
2015

 
2016

 
Target
 
2015

 
2016

 
Target
Equity securities
65
%
 
66
%
 
60-70%
 
55
%
 
51
%
 
50-60%
Debt securities
30

 
29

 
25-35
 
32

 
36

 
25-35
Other
5

 
5

 
3-10
 
13

 
13

 
10-20
     Total
100
%
 
100
%
 
100%
 
100
%
 
100
%
 
100%
 
 
Reconciliation Of Change In Value For Level 3 Assets
Details of the changes in value for Level 3 assets follow:
 
2015

 
2016

Level 3, beginning
$
308

 
371

     Gains (Losses) on assets held
18

 
18

     Gains (Losses) on assets sold
(20
)
 
(20
)
     Purchases, sales and settlements, net
65

 
36

Level 3, ending
$
371

 
405