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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2017
Net sales $ 23,968 $ 23,400 $ 22,835
Cost of sales 16,275 15,733 15,305
Gross profit 7,693 7,667 7,530
Selling, general and administrative expenses (6,244) (5,642) (5,723)
Restructuring and impairment costs (235) (255) (347)
Net financing charges (350) (401) (466)
Equity income 192 177 157
Income from continuing operations before income taxes 1,056 1,546 1,151
Income tax provision (benefit) (233) 197 322
Income from continuing operations 1,289 1,349 829
Income from discontinued operations, net of tax (Note 3) 4,598 1,034 990
Net income 5,887 2,383 1,819
Income from continuing operations attributable to noncontrolling interests 189 174 157
Income from discontinued operations attributable to noncontrolling interests 24 47 51
Net income attributable to Johnson Controls 5,674 2,162 1,611
Amounts attributable to Johnson Controls, Inc. common shareholders      
Income from continuing operations 1,100 1,175 672
Income from discontinued operations $ 4,574 $ 987 $ 939
Earnings per share      
Basic earnings per share from continuing operations $ 1.26 $ 1.27 $ 0.72
Basic earnings per share from discontinued operations 5.26 1.07 1.00
Basic earnings per share 6.52 2.34 1.72
Diluted earnings per share from continuing operations 1.26 1.26 0.71
Diluted earnings per share from discontinued operations 5.23 1.06 0.99
Diluted earnings per share [1] $ 6.49 $ 2.32 $ 1.71
Products and Systems [Member]      
Net sales $ 17,711 $ 17,332 $ 16,762
Cost of sales 12,577 12,315 11,692
Services [Member]      
Net sales 6,257 6,068 6,073
Cost of sales $ 3,698 $ 3,418 $ 3,613
[1] Certain items do not sum due to rounding.