XML 14 R4.htm IDEA: XBRL DOCUMENT v3.19.2
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
Jun. 30, 2019
Jun. 30, 2018
Net sales $ 6,451 $ 6,282 $ 17,694 $ 17,217
Cost of sales 4,307 4,194 11,981 11,607
Gross profit 2,144 2,088 5,713 5,610
Selling, general and administrative expenses (1,388) (1,441) (4,284) (4,250)
Restructuring and impairment costs (235) 0 (235) (154)
Net financing charges (119) (95) (302) (304)
Equity income 62 55 137 129
Income from continuing operations before income taxes 464 607 1,029 1,031
Income tax provision 239 61 394 314
Income from continuing operations 225 546 635 717
Income from discontinued operations, net of tax (Note 4) 4,051 258 4,598 841
Net income 4,276 804 5,233 1,558
Income from continuing operations attributable to noncontrolling interests 84 72 147 134
Income from discontinued operations attributable to noncontrolling interests 0 9 24 33
Net income attributable to Johnson Controls 4,192 723 5,062 1,391
Amounts attributable to Johnson Controls ordinary shareholders        
Income from continuing operations 141 474 488 583
Income from discontinued operations $ 4,051 $ 249 $ 4,574 $ 808
Earnings per share        
Basic earnings per share from continuing operations $ 0.16 $ 0.51 $ 0.54 $ 0.63
Basic earnings per share from discontinued operations 4.65 0.27 5.09 0.87
Basic earnings per share 4.81 0.78 5.63 [1] 1.50 [1]
Diluted earnings per share from continuing operations 0.16 0.51 0.54 0.63
Diluted earnings per share from discontinued operations 4.63 0.27 5.07 0.87
Diluted earnings per share [1] $ 4.79 $ 0.78 $ 5.61 $ 1.49
Products and Systems [Member]        
Net sales $ 4,896 $ 4,727 $ 13,058 $ 12,694
Cost of sales 3,380 3,324 9,233 9,082
Services [Member]        
Net sales 1,555 1,555 4,636 4,523
Cost of sales $ 927 $ 870 $ 2,748 $ 2,525
[1] Certain items do not sum due to rounding.