Emerson 2012 Annual Report Download - page 55

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2012 Annual Report | 53
(17) Other Financial Data
Items reported in earnings during the years ended September 30 include the following:
2010 2011 2012
Research and development expense $473 555 547
Depreciation expense $562 522 505
Rent expense $353 372 395
The Company leases certain facilities, transportation and office equipment, and various other items under operating
lease agreements. Minimum annual rentals under noncancellable long-term leases, exclusive of maintenance, taxes,
insurance and other operating costs, will approximate $271 in 2013, $195 in 2014, $137 in 2015, $91 in 2016 and $55
in 2017.
Items reported in accrued expenses include the following:
2011 2012
Employee compensation $640 642
Customer advanced payments $385 380
Product warranty $211 187
Other liabilities are summarized as follows:
2011 2012
Pension plans $ 732 818
Deferred income taxes 764 592
Postretirement plans, excluding current portion 361 337
Other 664 709
Total $2,521 2,456
Other operating cash flow is comprised of the following:
2010 2011 2012
Pension expense $ 132 145 173
Stock compensation expense 217 121 100
(Gain) Loss on sale of businesses, net of tax (167) (25) 5
Deferred income taxes and other 15 19 (97)
Total $ 197 260 181