Company: ROK
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001024478-25-000035
Chunk: 60

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 8
Chunk 60
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151 78 129 358 159 96 144 399 Asia Pacific86 52 89 227 100 70 100 270 Latin America60 35 33 128 78 41 44 163 Total Company Sales$896 $568 $537 $2,001 $974 $569 $583 $2,126  Six Months Ended March 31, 2025Six Months Ended March 31, 2024Intelligent DevicesSoftware & ControlLifecycle ServicesTotalIntelligent DevicesSoftware & ControlLifecycle ServicesTotalNorth America$1,119 $768 $551 $2,438 $1,241 $749 $551 $2,541 Europe, Middle East, and Africa286 151 253 690 325 196 266 787 Asia Pacific172 107 199 478 198 149 199 546 Latin America125 71 80 276 137 79 88 304 Total Company Sales$1,702 $1,097 $1,083 $3,882 $1,901 $1,173 $1,104 $4,178 

12

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

Contract LiabilitiesContract 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):March 31, 2025March 31, 2024Balance as of beginning of year$653 $654 Balance as of end of period714 678 The most significant changes in our Contract liabilities balance during the six months ended March 31, 2025, were due to amounts billed during the period, partially offset by revenue recognized that was included in the Contract liabilities balance at the beginning of the period and revenue recognized on amounts billed during the period. The most significant changes in our Contract liabilities balance during the six months ended March 31, 2024, were due to amounts billed during the period, 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 six months ended March 31, 2025,