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Cash Management Techniques Cash Rebates

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					          Document and Company Information (USD $)
                                                        3 Months Ended
                                                         Dec. 31, 2009
               In Billions, except Share data
Document and Company Information [Abstract]
                                                     ROCKWELL AUTOMATION
Entity Registrant Name                               INC
Entity Central Index Key                             0001024478
Document Type                                        10-Q
Document Period End Date                             2009-12-31
Amendment Flag                                       false
Current Fiscal Year End Date                         --09-30
Entity Well-known Seasoned Issuer                    Yes
Entity Voluntary Filers                              No
Entity Current Reporting Status                      Yes
Entity Filer Category                                Large Accelerated Filer
Entity Public Float
Entity Common Stock, Shares Outstanding
Jan. 31, 2010          Mar. 31, 2009




                                       $3
         142,759,415
  Condensed Consolidated Balance Sheet (Unaudited) (USD $)
                                                                     Dec. 31, 2009
                               In Millions
Current assets:
Cash and cash equivalents                                                            $716.3
Receivables                                                                           769.3
Inventories                                                                           468.7
Deferred income taxes                                                                 193.4
Other current assets                                                                  109.4
Total current assets                                                                 2,257.1
Property, net                                                                          519.1
Goodwill                                                                               911.1
Other intangible assets, net                                                           227.7
Deferred income taxes                                                                  298.3
Prepaid pension                                                                         31.2
Other assets                                                                           154.3
TOTAL                                                                                4,398.8
Current liabilities:
Accounts payable                                                                      326.4
Compensation and benefits                                                             152.6
Advance payments from customers and deferred revenue                                  177.3
Customer returns, rebates, and incentives                                             114.4
Other current liabilities                                                             224.3
Total current liabilities                                                               995
Long-term debt                                                                        904.8
Retirement benefits                                                                     849
Other liabilities                                                                     282.6
Shareowners' equity:
Common stock (shares issued: 181.4)                                                    181.4
Additional paid-in capital                                                           1,305.3
Retained earnings                                                                    2,692.7
Accumulated other comprehensive loss                                                 (726.8)
Common stock in treasury, at cost (shares held: December 31, 2009,
38.8; September 30, 2009, 39.3)                                                 (2,085.2)
Total shareowners' equity                                                            1,367.4
TOTAL                                                                            $4,398.8
Sep. 30, 2009


                $643.8
                 726.3
                 436.4
                 174.4
                 153.9
                2,134.8
                  532.5
                  913.2
                  230.9
                  307.6
                   30.7
                    156
                4,305.7

                 313.3
                 148.9
                 159.1
                 107.3
                 218.6
                 947.2
                 904.7
                 848.9
                 288.5

                  181.4
                1,304.8
                2,667.2
                (727.5)

            (2,109.5)
                1,316.4
            $4,305.7
      Condensed Consolidated Balance Sheet (Unaudited)
                  (Parenthetical) (USD $)
                                                         Dec. 31, 2009
                      Share data in Millions
Shareowners' equity:
Common stock, shares issued                                              181.4
Treasury stock, shares                                                    38.8
Sep. 30, 2009


                181.4
                 39.3
 Condensed Consolidated Statement of Operations (Unaudited)
                          (USD $)
                                                              3 Months Ended
                                                               Dec. 31, 2009
                 In Millions, except Per Share data
Sales
Products and solutions                                                     $949.3
Services                                                                    118.2
Total sales                                                                1,067.5
Cost of sales
Products and solutions                                                     (559.6)
Services                                                                    (81.1)
Total cost of sales                                                        (640.7)
Gross profit                                                                 426.8
Selling, general and administrative expenses                               (312.5)
Other expense                                                                 (1.6)
Interest expense                                                            (15.4)
Income from continuing operations before income taxes                            97.3
Income tax provision                                                           (19.5)
Income from continuing operations                                                77.8
(Loss) income from discontinued operations                                      (1.2)
Net income                                                                     $76.6
Basic earnings per share:
Continuing operations                                                        $0.55
Discontinued operations                                                    ($0.01)
Net income                                                                     $0.54
Diluted earnings per share:
Continuing operations                                                        $0.54
Discontinued operations                                                    ($0.01)
Net income                                                                     $0.53
Cash dividends per share                                                       $0.29
Weighted average outstanding shares:
Basic                                                                            142
Diluted                                                                        143.7
3 Months Ended
 Dec. 31, 2008


            $1,069.6
               119.6
             1,189.2

             (635.4)
              (83.4)
             (718.8)
               470.4
             (313.4)
                (2.5)
                 (15)
                  139.5
                 (23.9)
                 115.6
                   2.8
             $118.4

                 $0.81
                 $0.02
                 $0.83

                 $0.81
                 $0.02
                 $0.83
                 $0.29

                 141.6
                 142.1
 Condensed Consolidated Statement of Cash Flows (Unaudited)
                          (USD $)
                                                                  3 Months Ended
                                                                   Dec. 31, 2009
                              In Millions
Operating activities:
Net income                                                                         $76.6
(Loss) income from discontinued operations                                          (1.2)
Income from continuing operations                                                   77.8

Adjustments to arrive at cash provided by operating activities:
Depreciation                                                                         24.7
Amortization of intangible assets                                                       7
Share-based compensation expense                                                      8.7
Retirement benefits expense                                                          21.4
Pension trust contributions                                                         (7.3)
Net loss on disposition of property                                                   0.4
Excess income tax benefit from share-based compensation                             (2.1)
Changes in assets and liabilities, excluding effects of foreign
currency adjustments:
Receivables                                                                        (42.2)
Inventories                                                                        (38.2)
Accounts payable                                                                     13.8
Compensation and benefits                                                           (4.7)
Income taxes                                                                         27.3
Other assets and liabilities                                                         32.8
Cash provided by operating activities                                              119.4
Investing activities:
Capital expenditures                                                               (13.5)
Proceeds from sale of property                                                          0
Other investing activities                                                              0
Cash used for investing activities                                                 (13.5)
Financing activities:
Net issuance of short-term debt                                                         0
Cash dividends                                                                     (41.3)
Purchases of treasury stock                                                             0
Proceeds from the exercise of stock options                                           6.7
Excess income tax benefit from share-based compensation                               2.1
Other financing activities                                                          (0.2)
Cash used for financing activities                                                 (32.7)
Effect of exchange rate changes on cash                                             (0.9)
Cash provided by (used for) continuing operations                                   72.3
Discontinued operations:
Cash provided by discontinued operating activities                                   0.2
Cash provided by discontinued operations                                             0.2
Increase (decrease) in cash and cash equivalents                                    72.5
Cash and cash equivalents at beginning of period                                   643.8
Cash and cash equivalents at end of period   $716.3
3 Months Ended
 Dec. 31, 2008


             $118.4
                2.8
                 115.6



                   23.9
                    8.4
                    4.6
                   11.8
                  (7.5)
                    0.4
                  (0.4)


                   88.8
                 (45.8)
                 (54.9)
                   (55)
                    5.8
                 (46.9)
                  48.8

                 (27.4)
                    1.3
                    0.8
                 (25.3)

                     75
                   (41)
                 (53.5)
                    3.9
                    0.4
                  (0.2)
                 (15.4)
                 (36.3)
                 (28.2)

                     0
                     0
                 (28.2)
                  582.2
$554
           Basis of Presentation and Accounting Policies
                                                               3 Months Ended
                                                                Dec. 31, 2009
                                                                USD / shares

Basis of Presentation and Accounting Policies [Abstract]
                                                              1. Basis of
                                                           Presentation and Accounting
                                                           Policies In the opinion
                                                           of management of Rockwell
                                                           Automation, Inc. (the
                                                           Company or Rockwell
                                                           Automation), the unaudited
                                                           Condensed Consolidated
                                                           Financial Statements contain
                                                           all adjustments, consisting
                                                           solely of adjustments of a
                                                           normal recurring nature,
                                                           necessary to present fairly
                                                           the financial position, results
                                                           of operations, and cash flows
                                                           for the periods presented.
                                                           These statements should be
                                                           read in conjunction with our
                                                           Annual Report on Form 10-K
                                                           for the fiscal year ended
                                                           September30, 2009. The
                                                           results of operations for the
                                                           three-month period ended
                                                           December31, 2009 are not
                                                           necessarily indicative of the
                                                           results for the full year. All
                                                           date references to years and
                                                           quarters herein refer to our
                                                           fiscal year and fiscal quarter
                                                           unless otherwise stated. We
                                                           have evaluated subsequent
Basis of Presentation and Accounting Policies              events through the date and
                                                           time of issuance of these
                  Share-Based Compensation
                                                 3 Months Ended
                                                  Dec. 31, 2009
                                                  USD / shares

Share-Based Compensation [Abstract]
                                               2. Share-Based
                                             Compensation We
                                             recognized $8.7million and
                                             $4.6million in share-based
                                             compensation expense in
                                             income from continuing
                                             operations before income
                                             taxes during the three-
                                             months ended December31,
                                             2009 and 2008, respectively.
                                             Our annual grant of share-
                                             based compensation takes
                                             place during the first quarter
                                             of each fiscal year. The
                                             number of all shares granted
                                             to employees and non-
                                             employee directors and the
                                             weighted average fair value
                                             per share during the periods
                                             presented was (in thousands
                                             except per share amounts):


                                              Three months
                                             ended December 31,
                                              2009
                                             2008
                                             Wtd. Avg.
                                             Wtd. Avg.
                                              Share
                                             Share Grants
Share-Based Compensation                      Fair Value
                                             Grants Fair Value
                         Inventories
                                           3 Months Ended
                                            Dec. 31, 2009
                                            USD / shares

Inventories [Abstract]
                                        3.Inventories
                                       Inventories consist of (in
                                       millions):

                                       December 31,
                                       September 30,
                                       2009 2009

                                       Finished goods
                                       $ 172.1 $
                                       166.4 Work in
                                       process 119.9
                                       109.1 Raw
                                       materials, parts, and supplies
                                        176.7 160.9


                                       Inventories
                                       $ 468.7 $
                                       436.4
                                       We report
                                       inventories net of the
                                       allowance for excess and
                                       obsolete inventory of
                                       $50.8million at December31,
                                       2009 and $53.2million at
                                       September30, 2009.
Inventories
                      Property
                                     3 Months Ended
                                      Dec. 31, 2009
                                      USD / shares

Property [Abstract]
                                  4. Property
                                 Property consists of (in
                                 millions):

                                 December 31,
                                 September 30,
                                 2009 2009
                                  Land
                                 $ 4.8 $ 4.7
                                 Buildings and
                                 improvements 275.8
                                  276.7
                                 Machinery and
                                 equipment 1,106.6
                                  1,116.4
                                 Internal use
                                 software 328.8
                                 324.8
                                 Construction in
                                 progress 39.5
                                 36.5
                                 Total
                                 1,755.5 1,759.1
                                 Less accumulated
                                 depreciation
                                 (1,236.4 )
                                 (1,226.6 )

                                 Property, net
                                 $ 519.1 $
                                 532.5
Property
               Goodwill and Other Intangible Assets
                                                          3 Months Ended
                                                           Dec. 31, 2009
                                                           USD / shares

Goodwill and Other Intangible Assets [Abstract]
                                                        5.Goodwill and Other
                                                      Intangible Assets
                                                      Changes in the carrying
                                                      amount of goodwill for the
                                                      three months ended
                                                      December31, 2009 are (in
                                                      millions):


                                                      Control
                                                      Architecture
                                                      Products
                                                      Software Solutions
                                                       Total

                                                      Balance as of
                                                      September30, 2009 $
                                                      386.8 $ 526.4
                                                       $ 913.2
                                                      Translation and
                                                      other (0.4 )
                                                      (1.7 ) (2.1 )


                                                       Balance as
                                                      of December31, 2009 $
                                                      386.4 $ 524.7
                                                       $ 911.1
                                                         Other
                                                      intangible assets consist of
                                                      (in millions):
Goodwill and Other Intangible Assets
                                                      December 31,
                        Other Current Liabilities
                                                        3 Months Ended
                                                         Dec. 31, 2009
                                                         USD / shares

Other Current Liabilities [Abstract]
                                                      6.Other Current
                                                    Liabilities Other current
                                                    liabilities consist of (in
                                                    millions):

                                                    December 31,
                                                    September 30,
                                                    2009 2009
                                                    Unrealized losses on
                                                    foreign exchange contracts
                                                     15.0 19.1
                                                    Product warranty
                                                    obligations 29.2
                                                    32.1 Taxes
                                                    other than income taxes
                                                     29.3 30.3
                                                    Accrued interest
                                                     15.0 15.6
                                                    Restructuring and
                                                    special items 42.1
                                                     60.8
                                                    Income taxes
                                                    payable 27.5
                                                     Other
                                                    66.2 60.7


                                                    Other current
                                                    liabilities $ 224.3
                                                    $ 218.6

Other Current Liabilities
                   Product Warranty Obligations
                                                      3 Months Ended
                                                       Dec. 31, 2009
                                                       USD / shares

Product Warranty Obligations [Abstract]
                                                    7. 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 from
                                                  installation to an end-user or
                                                  OEM customer. We also
                                                  record a liability for specific
                                                  warranty matters when they
                                                  become probable and
                                                  reasonably estimable. Our
                                                  product warranty obligations
                                                  are included in other current
                                                  liabilities in the Condensed
                                                  Consolidated Balance Sheet.
                                                  Changes in the product
                                                  warranty obligations for the
                                                  three months ended
                                                  December31, 2009 and 2008
                                                  are (in millions):

                                                  Three Months Ended
                                                   December 31,
                                                   2009
                                                  2008 Balance at
Product Warranty Obligations                      beginning of period $
                                                  32.1 $ 33.5
                      Long-term Debt
                                           3 Months Ended
                                            Dec. 31, 2009
                                            USD / shares

Long-term Debt [Abstract]
                                        8.Long-term Debt
                                       Long-term debt consists
                                       of (in millions):

                                       December 31,
                                       September 30,
                                       2009 2009
                                       5.65% notes,
                                       payable in 2017
                                       250.0 250.0
                                       6.70% debentures,
                                       payable in 2028
                                       250.0 250.0
                                       6.25% debentures,
                                       payable in 2037
                                       250.0 250.0
                                       5.20% debentures,
                                       payable in 2098
                                       200.0 200.0
                                       Unamortized
                                       discount and other
                                       (45.2 ) (45.3 )

                                         Long-
                                       term debt $ 904.8
                                        $ 904.7
                                        On March16,
                                       2009, we replaced our
                                       former five-year
                                       $600.0million unsecured
                                       revolving credit facility with
Long-term Debt                         two new unsecured revolving
                                       credit facilities totaling
      Derivative Instruments and Fair Value Measurement
                                                                   3 Months Ended
                                                                    Dec. 31, 2009
                                                                    USD / shares


Derivative Instruments and Fair Value Measurement [Abstract]
                                                                 9. Derivative
                                                               Instruments and Fair Value
                                                               Measurement We use
                                                               foreign currency forward
                                                               exchange contracts to
                                                               manage certain foreign
                                                               currency risks. We enter into
                                                               these contracts to offset
                                                               changes in the amount of
                                                               future cash flows associated
                                                               with certain third-party and
                                                               intercompany transactions
                                                               denominated in foreign
                                                               currencies expected to occur
                                                               within the next two years
                                                               (cash flow hedges). 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 also 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
Derivative Instruments and Fair Value Measurement              these assets and liabilities.
                                                               We value our forward
                      Retirement Benefits
                                                3 Months Ended
                                                 Dec. 31, 2009
                                                 USD / shares

Retirement Benefits [Abstract]
                                             10.Retirement
                                            Benefits The
                                            components of net periodic
                                            benefit cost in income from
                                            continuing operations are (in
                                            millions):

                                            Pension Benefits
                                            Three Months Ended
                                             December 31,
                                             2009
                                            2008
                                             Service cost
                                            $ 16.5 $
                                            13.9 Interest cost
                                             40.1 38.4
                                            Expected return on
                                            plan assets (48.2 )
                                             (47.5 )
                                            Amortization:
                                              Prior
                                            service cost (1.0 )
                                             (1.1 ) Net
                                            actuarial loss 10.5
                                             4.2

                                            Net periodic
                                            benefit cost $ 17.9
                                             $ 7.9

                                             Other
Retirement Benefits                         Postretirement
                                            Benefits Three
                   Comprehensive Income
                                              3 Months Ended
                                               Dec. 31, 2009
                                               USD / shares

Comprehensive Income [Abstract]
                                            11. Comprehensive
                                          Income Comprehensive
                                          income consists of (in
                                          millions):
                                             Three
                                          Months Ended
                                          December 31,
                                          2009 2008

                                          Net income
                                          $ 76.6 $
                                          118.4 Other
                                          comprehensive income
                                          (loss):
                                          Unrecognized
                                          pension and postretirement
                                          benefit plan liabilities
                                          4.3 1.4
                                          Currency translation
                                          adjustments (5.5 )
                                           (121.0 ) Net
                                          unrealized gains on cash flow
                                          hedges 1.9
                                          13.4 Other
                                             (0.2 )

                                            Other
                                          comprehensive income (loss)
                                           0.7 (106.4
                                          )

Comprehensive Income                      Comprehensive
                                          income $ 77.3
             Commitments and Contingent Liabilities
                                                          3 Months Ended
                                                           Dec. 31, 2009
                                                           USD / shares

Commitments and Contingent Liabilities [Abstract]
                                                        12. Commitments
                                                      and Contingent Liabilities
                                                      Various 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 adverse
                                                      effect on our business or
                                                      financial condition. 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
Commitments and Contingent Liabilities                products many years ago.
                                                      Currently there are
                          Income Taxes
                                             3 Months Ended
                                              Dec. 31, 2009
                                              USD / shares

Income Taxes [Abstract]
                                           13. Income Taxes
                                         The effective tax rate for
                                         the quarter ended
                                         December31, 2009 was
                                         20.0percent. The effective
                                         tax rate was lower than the
                                         U.S. statutory tax rate of
                                         35percent because we
                                         benefited from lower non-
                                         U.S. tax rates and the
                                         utilization of foreign tax
                                         credits. During the first
                                         quarter of 2010, we
                                         recognized a tax benefit of
                                         $4.7million related to the
                                         favorable resolution of
                                         domestic and non-U.S. tax
                                         matters, partially offset by a
                                         discrete tax expense of
                                         $3.5million related to the
                                         impact of a change in
                                         Mexican tax law. Gross
                                         unrecognized tax benefits
                                         and offsetting tax benefits
                                         were (in millions):

                                          December 31,
                                         2009 Gross

                                         Unrecognized
                                         Offsetting
Income Taxes                             Tax Benefits Tax
                                         Benefits Net
             Restructuring Charges and Special Items
                                                           3 Months Ended
                                                            Dec. 31, 2009
                                                            USD / shares

Restructuring Charges and Special Items [Abstract]
                                                         14. Restructuring
                                                       Charges and Special Items
                                                       In the three months
                                                       ended December31, 2009
                                                       and 2008, we paid
                                                       $7.4million and $15.4million,
                                                       respectively, related to
                                                       restructuring actions
                                                       expensed in prior years.
                                                       Accruals remaining related to
                                                       our restructuring actions
                                                       were $42.1million at
                                                       December31, 2009.
Restructuring Charges and Special Items
                 Business Segment Information
                                                    3 Months Ended
                                                     Dec. 31, 2009
                                                     USD / shares

Business Segment Information [Abstract]
                                                  15.Business Segment
                                                Information The
                                                following tables reflect the
                                                sales and operating results of
                                                our reportable segments (in
                                                millions):
                                                   Three
                                                Months Ended
                                                December 31,
                                                2009 2008
                                                Sales
                                                 Architecture
                                                Software $ 469.0
                                                 $ 506.4
                                                Control Products
                                                Solutions 598.5
                                                682.8
                                                Total $
                                                1,067.5 $
                                                1,189.2

                                                Segment
                                                operating earnings

                                                Architecture
                                                Software $ 99.0
                                                $ 109.6 Control
                                                Products Solutions
                                                37.8 68.0

                                                Total
Business Segment Information                    136.8 177.6
                     Discontinued Operations
                                                   3 Months Ended
                                                    Dec. 31, 2009
                                                    USD / shares

Discontinued Operations [Abstract]
                                                16. Discontinued
                                               Operations In the first
                                               quarter of 2010, we recorded
                                               a $2.0million ($1.2million
                                               after tax) accrual relating to
                                               an environmental matter of a
                                               discontinued business.
                                               In the first quarter of
                                               2009, we recorded a benefit
                                               of $4.5million ($2.8million
                                               net of tax) related to a
                                               change in estimate for legal
                                               contingencies associated
                                               with RICs operation of the
                                               Rocky Flats facility for the
                                               U.S. Department of Energy.
Discontinued Operations

				
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Description: Cash Management Techniques Cash Rebates document sample