CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Three Months Ended December 31, 2017



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total

Net sales	$	—		$	—	$	—		$	7,435		$	—		$	7,435
Cost of sales	—			—		—			5,266			—			5,266

Gross profit	—			—		—			2,169			—			2,169

Selling, general and administrative expenses	(3		)	—		—			(1,414		)	—			(1,417		)
Restructuring and impairment costs	—			—		—			(158		)	—			(158		)
Net financing charges	(50		)	1		(2		)	(65		)	—			(116		)
Equity income	285			188		142			60			(615		)	60
Intercompany interest and fees	(2		)	85		(29		)	(54		)	—			—

Income from continuing operations before income taxes	230			274		111			538			(615		)	538

Income tax provision	—			—		—			267			—			267

Net income	230			274		111			271			(615		)	271

Income from continuing operations attributable to noncontrolling interests	—			—		—			41			—			41

Net income attributable to Johnson Controls	$	230		$	274	$	111		$	230		$	(615	)	$	230

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended December 31, 2017



(in millions)	Johnson Controls International plc		Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total

Net income	$	230	$	274		$	111		$	271		$	(615	)	$	271
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	58		(7		)	(1		)	53			(24		)	79
Realized and unrealized gains (losses) on derivatives	1		—			—			(1		)	(1		)	(1		)
Realized and unrealized gains (losses) on marketable securities	—		—			(4		)	4			—			—

Other comprehensive income (loss)	59		(7		)	(5		)	56			(25		)	78

Total comprehensive income	289		267			106			327			(640		)	349

Comprehensive income attributable to noncontrolling interests	—		—			—			60			—			60

Comprehensive income attributable to Johnson Controls	$	289	$	267		$	106		$	267		$	(640	)	$	289

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Three Months Ended December 31, 2016



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments		Total

Net sales	$	—		$	—		$	—		$	7,086		$	—	$	7,086
Cost of sales	—			—			—			4,972			—		4,972

Gross profit	—			—			—			2,114			—		2,114

Selling, general and administrative expenses	(2		)	—			1			(1,569		)	—		(1,570		)
Restructuring and impairment costs	—			—			—			(78		)	—		(78		)
Net financing charges	(19		)	—			(19		)	(98		)	—		(136		)
Equity income (loss)	318			(286		)	(110		)	55			78		55
Intercompany interest and fees	32			—			17			(49		)	—		—

Income (loss) from continuing operations before income taxes	329			(286		)	(111		)	375			78		385

Income tax benefit	—			—			—			(27		)	—		(27		)

Income (loss) from continuing operations	329			(286		)	(111		)	402			78		412

Income (loss) from sale of intercompany investment, net of tax	—			—			(935		)	—			935		—

Loss from discontinued operations, net of tax	—			—			—			(34		)	—		(34		)

Net income (loss)	329			(286		)	(1,046		)	368			1,013		378

Income from continuing operations attributable to noncontrolling interests	—			—			—			40			—		40
Income from discontinued operations attributable to noncontrolling interests	—			—			—			9			—		9

Net income (loss) attributable to Johnson Controls	$	329		$	(286	)	$	(1,046	)	$	319		$	1,013	$	329

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME (LOSS)

For the Three Months Ended December 31, 2016



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments		Total

Net income (loss)	$	329		$	(286	)	$	(1,046	)	$	368		$	1,013	$	378
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	(659		)	—			27			(730		)	659		(703		)
Realized and unrealized gains on derivatives	—			—			—			4			—		4
Realized and unrealized gains (losses) on marketable securities	(2		)	—			—			(2		)	2		(2		)

Other comprehensive income (loss)	(661		)	—			27			(728		)	661		(701		)

Total comprehensive income (loss)	(332		)	(286		)	(1,019		)	(360		)	1,674		(323		)

Comprehensive income attributable to noncontrolling interests	—			—			—			9			—		9

Comprehensive income (loss) attributable to Johnson Controls	$	(332	)	$	(286	)	$	(1,019	)	$	(369	)	$	1,674	$	(332	)

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION

As of December 31, 2017



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.		Other Subsidiaries		Consolidating Adjustments			Total

Assets
Cash and cash equivalents	$	285		$	108	$	81	$	991	$	(913	)	$	552
Accounts receivable - net	—			—		—		6,731		—			6,731
Inventories	—			—		—		3,459		—			3,459
Intercompany receivables	323			1,824		397		22,957		(25,501		)	—
Assets held for sale	—			—		—		40		—			40
Other current assets	46			—		1		1,600		—			1,647
Current assets	654			1,932		479		35,778		(26,414		)	12,429

Property, plant and equipment - net	—			—		—		6,105		—			6,105
Goodwill	243			—		32		19,442		—			19,717
Other intangible assets - net	—			—		—		6,657		—			6,657
Investments in partially-owned affiliates	—			—		—		1,219		—			1,219
Investments in affiliates	38,975			32,053		21,422		—		(92,450		)	—
Intercompany loans receivable	—			4,140		2,836		9,004		(15,980		)	—
Other noncurrent assets	68			—		2		3,570		—			3,640
Total assets	$	39,940		$	38,125	$	24,771	$	81,775	$	(134,844	)	$	49,767

Liabilities and Equity
Short-term debt	$	1,820		$	—	$	—	$	607	$	(913	)	$	1,514
Current portion of long-term debt	49			—		18		24		—			91
Accounts payable	1			—		—		4,019		—			4,020
Accrued compensation and benefits	1			—		—		882		—			883
Deferred revenue	—			—		—		1,368		—			1,368
Intercompany payables	3,753			18,978		1,958		812		(25,501		)	—
Other current liabilities	376			1		24		2,969		—			3,370
Current liabilities	6,000			18,979		2,000		10,681		(26,414		)	11,246

Long-term debt	8,717			—		153		2,025		—			10,895
Pension and postretirement benefits	—			—		—		896		—			896
Intercompany loans payable	4,688			—		4,316		6,976		(15,980		)	—
Other noncurrent liabilities	—			—		23		4,981		—			5,004
Long-term liabilities	13,405			—		4,492		14,878		(15,980		)	16,795

Redeemable noncontrolling interests	—			—		—		226		—			226
Ordinary shares	9			—		—		—		—			9
Ordinary shares held in treasury	(885		)	—		—		—		—			(885		)
Other shareholders' equity	21,411			19,146		18,279		55,025		(92,450		)	21,411
Shareholders’ equity attributable to Johnson Controls	20,535			19,146		18,279		55,025		(92,450		)	20,535
Noncontrolling interests	—			—		—		965		—			965
Total equity	20,535			19,146		18,279		55,990		(92,450		)	21,500
Total liabilities and equity	$	39,940		$	38,125	$	24,771	$	81,775	$	(134,844	)	$	49,767

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION

As of September 30, 2017



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.		Other Subsidiaries		Consolidating Adjustments			Total

Assets
Cash and cash equivalents	$	—		$	107	$	382	$	718	$	(886	)	$	321
Accounts receivable - net	—			—		—		6,666		—			6,666
Inventories	—			—		—		3,209		—			3,209
Intercompany receivables	1,580			1,732		55		4,470		(7,837		)	—
Assets held for sale	—			—		—		189		—			189
Other current assets	14			—		1		1,892		—			1,907
Current assets	$	1,594		$	1,839	$	438	$	17,144	$	(8,723	)	$	12,292

Property, plant and equipment - net	—			—		—		6,121		—			6,121
Goodwill	243			—		32		19,413		—			19,688
Other intangible assets - net	—			—		—		6,741		—			6,741
Investments in partially-owned affiliates	—			—		—		1,191		—			1,191
Investments in affiliates	19,487			31,594		21,132		—		(72,213		)	—
Intercompany loans receivable	17,908			4,140		2,836		9,004		(33,888		)	—
Noncurrent assets held for sale	—			—		—		1,920		—			1,920
Other noncurrent assets	56			—		7		3,868		—			3,931
Total assets	$	39,288		$	37,573	$	24,445	$	65,402	$	(114,824	)	$	51,884

Liabilities and Equity
Short-term debt	$	1,476		$	—	$	—	$	624	$	(886	)	$	1,214
Current portion of long-term debt	307			—		18		69		—			394
Accounts payable	—			—		—		4,271		—			4,271
Accrued compensation and benefits	4			—		—		1,067		—			1,071
Deferred revenue	—			—		—		1,279		—			1,279
Liabilities held for sale	—			—		—		72		—			72
Intercompany payables	4,236			1,055		1,886		660		(7,837		)	—
Other current liabilities	324			2		24		3,203		—			3,553
Current liabilities	6,347			1,057		1,928		11,245		(8,723		)	11,854

Long-term debt	7,806			—		152		4,006		—			11,964
Pension and postretirement benefits	—			—		—		947		—			947
Intercompany loans payable	4,688			17,908		4,316		6,976		(33,888		)	—
Noncurrent liabilities held for sale	—			—		—		173		—			173
Other noncurrent liabilities	—			—		24		5,344		—			5,368
Long-term liabilities	12,494			17,908		4,492		17,446		(33,888		)	18,452

Redeemable noncontrolling interest	—			—		—		211		—			211
Ordinary shares	9			—		—		—		—			9
Ordinary shares held in treasury	(710		)	—		—		—		—			(710		)
Other shareholders' equity	21,148			18,608		18,025		35,580		(72,213		)	21,148
Shareholders’ equity attributable to Johnson Controls	20,447			18,608		18,025		35,580		(72,213		)	20,447
Noncontrolling interests	—			—		—		920		—			920
Total equity	20,447			18,608		18,025		36,500		(72,213		)	21,367
Total liabilities and equity	$	39,288		$	37,573	$	24,445	$	65,402	$	(114,824	)	$	51,884

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Three Months Ended December 31, 2017



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total

Operating Activities
Net cash provided (used) by operating activities	$	(135	)	$	1	$	33		$	(28	)	$	—		$	(129	)

Investing Activities
Capital expenditures	—			—		—			(230		)	—			(230		)
Sale of property, plant and equipment	—			—		—			5			—			5
Business divestitures	—			—		—			2,011			—			2,011
Changes in long-term investments	—			—		—			(12		)	—			(12		)
Net change in intercompany loans receivable	300			—		(334		)	480			(446		)	—
Net cash provided (used) by investing activities	300			—		(334		)	2,254			(446		)	1,774

Financing Activities
Increase (decrease) in short-term debt - net	344			—		—			(13		)	(27		)	304
Increase in long-term debt	885			—		—			—			—			885
Repayment of long-term debt	(259		)	—		—			(1,975		)	—			(2,234		)
Debt financing costs	(4		)	—		—			—			—			(4		)
Stock repurchases	(150		)	—		—			—			—			(150		)
Payment of cash dividends	(232		)	—		—			—			—			(232		)
Proceeds from the exercise of stock options	16			—		—			—			—			16
Employee equity-based compensation withholding taxes	—			—		—			(25		)	—			(25		)
Net change in intercompany loans payable	(480		)	—		—			34			446			—
Net cash provided (used) by financing activities	120			—		—			(1,979		)	419			(1,440		)
Effect of exchange rate changes on cash and cash equivalents	—			—		—			17			—			17
Change in cash held for sale	—			—		—			9			—			9
Increase (decrease) in cash and cash equivalents	285			1		(301		)	273			(27		)	231
Cash and cash equivalents at beginning of period	—			107		382			718			(886		)	321
Cash and cash equivalents at end of period	$	285		$	108	$	81		$	991		$	(913	)	$	552

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Three Months Ended December 31, 2016



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total

Operating Activities
Net cash provided (used) by operating activities	$	211		$	—	$	32		$	(2,128	)	$	—		$	(1,885	)

Investing Activities
Capital expenditures	—			—		—			(371		)	—			(371		)
Sale of property, plant and equipment	—			—		—			2			—			2
Acquisition of businesses, net of cash acquired	—			—		(6		)	3			—			(3		)
Business divestitures	—			—		—			47			—			47
Changes in long-term investments	—			—		—			(6		)	—			(6		)
Net change in intercompany loans receivable	—			—		10			—			(10		)	—
Net cash provided (used) by investing activities	—			—		4			(325		)	(10		)	(331		)

Financing Activities
Increase in short-term debt - net	105			—		—			1,460			(253		)	1,312
Increase in long-term debt	—			—		—			7			—			7
Repayment of long-term debt	—			—		—			(763		)	—			(763		)
Debt financing costs	(6		)	—		—			—			—			(6		)
Proceeds from the exercise of stock options	29			—		—			—			—			29
Employee equity-based compensation withholding taxes	—			—		—			(25		)	—			(25		)
Net change in intercompany loans payable	—			—		—			(10		)	10			—
Dividends paid to noncontrolling interests	—			—		—			(31		)	—			(31		)
Dividend from Adient spin-off	—			—		—			2,050			—			2,050
Cash transferred to Adient related to spin-off	—			—		—			(564		)	—			(564		)
Cash paid related to prior acquisitions	—			—		—			(45		)	—			(45		)
Net cash provided (used) by financing activities	128			—		—			2,079			(243		)	1,964
Effect of exchange rate changes on cash and cash equivalents	—			—		—			(55		)	—			(55		)
Change in cash held for sale	—			—		—			105			—			105
Increase (decrease) in cash and cash equivalents	339			—		36			(324		)	(253		)	(202		)
Cash and cash equivalents at beginning of period	11			—		244			324			—			579
Cash and cash equivalents at end of period	$	350		$	—	$	280		$	—		$	(253	)	$	377