Item 6. Selected Financial Data

The following table sets forth selected consolidated financial data of our continuing operations. The data should be read in conjunction with MD&A and the Consolidated Financial Statements. The selected financial data below has been derived from our audited consolidated financial statements.



	Year Ended September 30,
	2020		2019		2018		2017		2016
	(in millions, except per share data)
Consolidated Statement of Operations Data:
Sales	$	6,329.8	$	6,694.8	$	6,666.0	$	6,311.3	$	5,879.5
Interest expense	103.5		98.2		73.0		76.2		71.3
Net income attributable to Rockwell Automation, Inc.(1)	1,023.4		695.8		535.5		825.7		729.7
Earnings per share:
Basic	8.83		5.88		4.27		6.42		5.60
Diluted	8.77		5.83		4.21		6.35		5.56
Cash dividends per share	4.08		3.88		3.51		3.04		2.90
Consolidated Balance Sheet Data: (at end of period)
Total assets	$	7,264.7	$	6,113.0	$	6,262.0	$	7,161.7	$	7,101.2
Short-term debt and current portion of long-term debt	24.6		300.5		551.0		600.4		448.6
Long-term debt	1,974.7		1,956.4		1,225.2		1,243.4		1,516.3
Total shareowners’ equity	1,346.8		404.2		1,617.5		2,663.6		1,990.1
Other Data:
Capital expenditures	$	113.9	$	132.8	$	125.5	$	141.7	$	116.9
Depreciation	122.5		126.2		136.4		138.7		143.3
Intangible asset amortization	50.2		26.0		28.2		30.2		28.9


(1)	During the fourth quarter of fiscal 2017, we sold a product distribution business within our Control Products & Solutions segment. This business held no intellectual property and included products sold outside of our core channel and under different brands. We sold this business for approximately $94 million and recorded a pre-tax gain of $60.8 million, which is included within Other (expense) income in the Consolidated Statement of Operations. During fiscal 2018, we recorded charges of $538.3 million associated with the enactment of the Tax Cuts and Jobs Act of 2017 (the “Tax Act”). We recorded a gain of $90 million, a loss of $368.5 million, and a gain of $153.9 million due to the change in fair value of our investment in PTC during fiscal 2018, 2019, and 2020, respectively. Refer to Note 10 in the Consolidated Financial Statements for further information regarding our investment in PTC.

(1)

During the fourth quarter of fiscal 2017, we sold a product distribution business within our Control Products & Solutions segment. This business held no intellectual property and included products sold outside of our core channel and under different brands. We sold this business for approximately $94 million and recorded a pre-tax gain of $60.8 million, which is included within Other (expense) income in the Consolidated Statement of Operations. During fiscal 2018, we recorded charges of $538.3 million associated with the enactment of the Tax Cuts and Jobs Act of 2017 (the “Tax Act”). We recorded a gain of $90 million, a loss of $368.5 million, and a gain of $153.9 million due to the change in fair value of our investment in PTC during fiscal 2018, 2019, and 2020, respectively. Refer to Note 10 in the Consolidated Financial Statements for further information regarding our investment in PTC.

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