Company: ROK
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001024478-25-000010
Chunk: 63

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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 qualify for separate recognition. Pro forma consolidated sales for the three months ended December 31, 2023, were $2.1 billion, and the impact on earnings was not material. The preceding pro forma consolidated financial results of operations are as if the preceding 2024 acquisitions occurred on October 1, 2023. 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.

Total sales from all of the above 2024 acquisitions in the three months ended December 31, 2023, were $17 million. Total acquisition-related costs and earnings from all of the above 2024 acquisitions in the three months ended December 31, 2023, were not material. 

6. Goodwill and Other Intangible Assets

Changes in the carrying amount of Goodwill for the three months ended December 31, 2024, were (in millions):Intelligent DevicesSoftware & ControlLifecycle ServicesTotalBalance as of September 30, 2024$900 $2,437 $656 $3,993 Translation(35)(28)(15)(78)Balance as of December 31, 2024$865 $2,409 $641 $3,915 Gross carrying value of goodwill$865 $2,409 $799 $4,073 Accumulated impairment losses— — (158)(158)Goodwill$865 $2,409 $641 $3,915 We perform our annual evaluation of goodwill and indefinite life intangible assets for impairment 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. We assessed the changes in events and circumstances during the first quarter of 2025 and concluded that no triggering events, which would require interim quantitative testing, occurred.

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Table of ContentsROCKWELL AUTOMATION, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)(Unaudited)

Other intangible assets consist of (in millions): December 31, 2024CarryingAmountAccumulatedAmortizationNetAmortized intangible assetsSoftware products$107 $79 $28 Customer relationships614 196 418 Technology724 272 452 Trademarks134 50 84 Other6 5