Company: ROK
Filing Date: 2025-11-12
Form Type: 10-K
Source: 0001024478-25-000116
Chunk: 212

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-11-12
Form: 10-K
Item: Item 6
Chunk 212
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. The carrying value of our Short-term debt approximates fair value.

8. Other Current Liabilities

Other current liabilities consist of (in millions): September 30, 20252024Unrealized losses on foreign exchange contracts (Note 11)$20 $29 Product warranty obligations (Note 9)23 24 Taxes other than income taxes55 53 Legacy asbestos-related liabilities34 15 Accrued interest20 18 Income taxes payable163 139 Operating lease liabilities94 90 Other 96 108 Other current liabilities$505 $476 

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9. 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, 20252024Beginning balance$24 $18 Warranties recorded at time of sale20 17 Adjustments to pre-existing warranties(2)10 Settlements of warranty claims(19)(21)Ending balance$23 $24 

10. Investments

Our investments consist of (in millions):September 30,20252024Equity securities (other)105 106 Other77 63Long-term investments$182 $169 Equity SecuritiesEquity 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 both September 30, 2025 and 2024, include cumulative upward adjustments from observed price changes of $23 million. The carrying values at September 30, 2025 and 2024, include cumulative downward adjustments from observed price changes and impairments of $10 million and $7 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