XML 64 R44.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Derivative Instruments and Hedging Activities (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2017
Derivative Instruments and Hedging Activities Disclosure [Abstract] |
Outstanding Commodity Hedge Contracts | The Company had the following outstanding contracts to hedge forecasted commodity purchases:
|  |  |  | Volume Outstanding as of
Commodity |  | Units |  | September 30, 2017 |  | September 30, 2016
Copper |  | Metric Tons |  | 1,962 |  |  | 2,653 |
Polypropylene |  | Metric Tons |  | 19,563 |  |  | — |
Lead |  | Metric Tons |  | 24,705 |  |  | 5,185 |
Aluminum |  | Metric Tons |  | 2,169 |  |  | 2,620 |
Tin |  | Metric Tons |  | 1,715 |  |  | 185 |
Location and Fair Values of Derivative Instruments and Hedging Activities | The following table presents the location and fair values of derivative instruments and hedging activities included in the Company’s consolidated statements of financial position (in millions):
| Derivatives and Hedging Activities Designated as Hedging Instruments under ASC 815 |  | Derivatives and Hedging Activities Not Designated as Hedging Instruments under ASC 815
| September 30, 2017 |  | September 30, 2016 |  | September 30, 2017 |  | September 30, 2016
Other current assets |  |  |  |  |  |  |
Foreign currency exchange derivatives | $ | 27 |  |  | $ | 41 |  |  | $ | — |  |  | $ | 49 |
Commodity derivatives | 9 |  |  | 4 |  |  | — |  |  | — |
Other noncurrent assets |  |  |  |  |  |  |
Interest rate swaps | — |  |  | 1 |  |  | — |  |  | — |
Equity swap | — |  |  | — |  |  | 55 |  |  | — |
Total assets | $ | 36 |  |  | $ | 46 |  |  | $ | 55 |  |  | $ | 49 |
Other current liabilities |  |  |  |  |  |  |
Foreign currency exchange derivatives | $ | 21 |  |  | $ | 48 |  |  | $ | 25 |  |  | $ | 18 |
Commodity derivatives | 1 |  |  | — |  |  | — |  |  | — |
Liabilities held for sale |  |  |  |  |  |  |
Foreign currency exchange derivatives | — |  |  | — |  |  | — |  |  | 5 |
Current portion of long-term debt |  |  |  |  |  |  |
Fixed rate debt swapped to floating | — |  |  | 551 |  |  | — |  |  | — |
Long-term debt |  |  |  |  |  |  |
Foreign currency denominated debt | 2,058 |  |  | 938 |  |  | — |  |  | — |
Fixed rate debt swapped to floating | — |  |  | 301 |  |  | — |  |  | — |
Noncurrent liabilities held for sale |  |  |  |  |  |  |
Foreign currency denominated debt | — |  |  | 1,119 |  |  | — |  |  | — |
Total liabilities | $ | 2,080 |  |  | $ | 2,957 |  |  | $ | 25 |  |  | $ | 23 |
Derivative Assets and Liabilities, Eligible for Offsetting [Table Text Block] | The gross and net amounts of derivative assets and liabilities were as follows (in millions):
| Fair Value of Assets |  | Fair Value of Liabilities
| September 30, 2017 |  | September 30, 2016 |  | September 30, 2017 |  | September 30, 2016 |
Gross amount recognized | $ | 91 |  |  | $ | 95 |  |  | $ | 2,105 |  |  | $ | 2,980 |  |
Gross amount eligible for offsetting | (16 | ) |  | (21 | ) |  | (16 | ) |  | (21 | ) |
Net amount | $ | 75 |  |  | $ | 74 |  |  | $ | 2,089 |  |  | $ | 2,959 |  |
Location and Amount of Gains and Losses Gross of Tax on Derivative Instruments and Related Hedge Items | The following table presents the effective portion of pre-tax gains (losses) recorded in other comprehensive income (loss) related to cash flow hedges for the fiscal years ended September 30, 2017, 2016 and 2015 (in millions):
Derivatives in ASC 815 Cash Flow Hedging Relationships |  | Year Ended September 30,
| 2017 |  | 2016 |  | 2015
Foreign currency exchange derivatives |  | $ | (1 | ) |  | $ | (18 | ) |  | $ | (5 | )
Commodity derivatives |  | 14 |  |  | 3 |  |  | (19 | )
Total |  | $ | 13 |  |  | $ | (15 | ) |  | $ | (24 | )
The following table presents the location and amount of the effective portion of pre-tax gains (losses) on cash flow hedges reclassified from AOCI into the Company’s consolidated statements of income for the fiscal years ended September 30, 2017, 2016 and 2015 (in millions):
Derivatives in ASC 815 Cash Flow Hedging Relationships |  | Location of Gain (Loss) Recognized in Income on Derivative |  | Year Ended September 30,
|  | 2017 |  | 2016 |  | 2015
Foreign currency exchange derivatives |  | Cost of sales |  | $ | 25 |  |  | $ | 9 |  |  | $ | 25 |
Foreign currency exchange derivatives |  | Income (loss) from discontinued operations |  | — |  |  | (30 | ) |  | (24 | )
Commodity derivatives |  | Cost of sales |  | 8 |  |  | (12 | ) |  | (11 | )
Forward treasury locks |  | Net financing charges |  | — |  |  | $ | 1 |  |  | $ | 1 |
Total |  |  |  | $ | 33 |  |  | $ | (32 | ) |  | $ | (9 | )
The following table presents the location and amount of pre-tax gains (losses) on fair value hedges recognized in the Company’s consolidated statements of income for the fiscal years ended September 30, 2017, 2016 and 2015 (in millions):
Derivatives in ASC 815 Fair Value Hedging Relationships |  | Location of Gain (Loss) Recognized in Income on Derivative |  | Year Ended September 30,
|  | 2017 |  | 2016 |  | 2015
Interest rate swap |  | Net financing charges |  | $ | (1 | ) |  | $ | (5 | ) |  | $ | 7 |
Fixed rate debt swapped to floating |  | Net financing charges |  | 2 |  |  | 5 |  |  | (7 | )
Total |  |  |  | $ | 1 |  |  | $ | — |  |  | $ | — |
The following table presents the location and amount of pre-tax gains (losses) on derivatives not designated as hedging instruments recognized in the Company’s consolidated statements of income for the fiscal years ended September 30, 2017, 2016 and 2015 (in millions):
Derivatives Not Designated as Hedging Instruments under ASC 815 |  | Location of Gain (Loss) Recognized in Income on Derivative |  | Year Ended September 30,
|  | 2017 |  | 2016 |  | 2015
Foreign currency exchange derivatives |  | Cost of sales |  | $ | (1 | ) |  | $ | (20 | ) |  | $ | 2 |
Foreign currency exchange derivatives |  | Net financing charges |  | 44 |  |  | 21 |  |  | (37 | )
Foreign currency exchange derivatives |  | Income tax provision |  | (3 | ) |  | 4 |  |  | — |
Foreign currency exchange derivatives |  | Income (loss) from discontinued operations |  | 5 |  |  | (30 | ) |  | 20 |
Equity swap |  | Selling, general and administrative |  | (3 | ) |  | 14 |  |  | (9 | )
Total |  |  |  | $ | 42 |  |  | $ | (11 | ) |  | $ | (24 | )

X
- Definition [Table Text Block] for Derivative Assets and Liabilities, Eligible for Offsetting [Table] + References No definition available. + Details
Name: | jci_DerivativeAssetsandLiabilitiesEligibleforOffsettingTableTextBlock
Namespace Prefix: | jci_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of outstanding commodity hedge contracts that hedge forecasted purchases. + References No definition available. + Details
Name: | jci_HedgeForecastedPurchasesTableTextBlock
Namespace Prefix: | jci_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_DerivativeInstrumentsAndHedgingActivitiesDisclosureAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and amount of derivative instruments and nonderivative instruments designated as hedging instruments reported before netting adjustments, and the amount of gain (loss) on derivative instruments and nonderivative instruments designated and qualified as hedging instruments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4C -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624171-113959 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4A -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5618551-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsGainLossInStatementOfFinancialPerformanceTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the location and fair value amounts of derivative instruments (and nonderivative instruments that are designated and qualify as hedging instruments) reported in the statement of financial position. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 815 -SubTopic 10 -Section 50 -Paragraph 4B -URI http://asc.fasb.org/extlink&oid=64837297&loc=SL5624163-113959 + Details
Name: | us-gaap_ScheduleOfDerivativeInstrumentsInStatementOfFinancialPositionFairValueTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration