Form 8-K · Current report
Emerson Electric 8-K, filed Oct 13, 2026
- Filed
- CIK
- 0000032604
- Accession no.
- 0000032604-26-000047
Summary
Emerson Electric elected mark-to-market accounting for actuarial gains and losses on its defined benefit pension and other postretirement benefit plans, effective for the fiscal year ended September 30, 2026, recognizing those effects in earnings in the period they arise rather than amortizing them; the change is applied retrospectively with recast historical results filed as Exhibit 99.1. Emerson said it expects a pretax mark-to-market gain of less than $5 in the fourth quarter of fiscal 2026 and that the change increased earnings for the nine months ended June 30, 2026 by $8 ($6 after-tax, $0.01 per share).
Key points
- Emerson Electric elected mark-to-market accounting for actuarial gains and losses on its defined benefit pension and other postretirement benefit plans, effective for the fiscal year ended September 30, 2026, recognizing such gains and losses in earnings in the period they arise, beginning in the fourth quarter of fiscal 2026.
- Emerson expects a pretax mark-to-market gain of less than $5 in the fourth quarter of fiscal 2026 based on current actuarial assumptions and estimated plan asset returns, and said actual results could differ from preliminary estimates.
- Adoption of the new method increased earnings for the nine months ended June 30, 2026 by $8 ($6 after-tax, or $0.01 per share) through reversal of amortized losses out of accumulated other comprehensive income.
- The change is applied retrospectively, with recast results for fiscal years 2024 and 2025 and the nine months ended June 30, 2026, plus quarterly figures for fiscal 2025 and the first three quarters of fiscal 2026, included as Exhibit 99.1; the annual adjustment will not be allocated to reportable segments and has no effect on cash flows, funded status, funding requirements or benefits payable.
Written by an AI model from the filing text. It can be incomplete or wrong; the filing on SEC.gov is the record.
Items reported
- 2.02Results of Operations and Financial Condition
- 9.01Financial Statements and Exhibits
From the filing
Item 2.02 Results of Operations and Financial Condition (Dollars in millions, except per share amounts) On October 13, 2026, Emerson Electric Co. ("Emerson" or the "Company") announced that, effective for the fiscal year ended September 30, 2026, it has elected to change its method of accounting for actuarial gains and losses associated with its defined benefit pension and other postretirement benefit plans. Under the new method, commonly referred to as mark-to-market accounting, actuarial gains and losses will be recognized in earnings in the period in which they arise. …
An excerpt of the text as filed with the SEC, cut for length.
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