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2015 Annual Report | 55
GEOGRAPHIC INFORMATION
SALES BY DESTINATION PROPERTY, PLANT AND EQUIPMENT
2013 2014 2015 2013 2014 2015
United States and Canada $10,964 11,262 10,673 $1,969 2,036 1,979
Asia 5,888 5,483 4,936 518 602 564
Europe 4,841 4,815 4,024 772 803 733
Latin America 1,555 1,508 1,241 308 306 254
Middle East/Africa 1,421 1,469 1,430 38 55 55
Total $24,669 24,537 22,304 $3,605 3,802 3,585
Sales in the U.S. were $9,783, $10,310 and $10,000 for 2015, 2014 and 2013, respectively, while Asia includes sales
in China of $2,472, $2,853 and $3,122 in those years. Assets located in the U.S. were $1,968 in 2015, $2,022 in
2014 and $1,952 in 2013.
(18) Other Financial Data
Items reported in earnings during the years ended September 30 include the following:
2013 2014 2015
Research and development expense $576 541 506
Depreciation expense $521 518 507
Rent expense $414 411 391
The Company leases certain facilities, transportation and office equipment, and various other items under operating
lease agreements. Minimum annual rentals under noncancelable long-term leases, exclusive of maintenance, taxes,
insurance and other operating costs, will approximate $263 in 2016, $181 in 2017, $123 in 2018, $84 in 2019 and
$51 in 2020.
At September 30, 2015, other current assets included short-term investments of $99 and an income tax refund
receivable of $94. At September 30, 2015 and 2014, other assets included $33 and $377 of pension assets,
respectively.
Items reported in accrued expenses include the following:
2014 2015
Employee compensation $705 597
Customer advanced payments $455 450
Product warranty $193 167
Other liabilities are summarized as follows:
2014 2015
Pension liabilities $ 564 662
Deferred income taxes 572 408
Postretirement liabilities, excluding current portion 233 199
Other 628 602
Total $1,997 1,871
Other operating cash flow is comprised of the following:
2013 2014 2015
Pension expense $228 153 167
Stock compensation expense 221 143 30
Deferred income taxes and other (63) (111) 14
Total $386 185 211