Equity and Noncontrolling Interests (Tables)

9 Months Ended

Jun. 30, 2019

Stockholders' Equity Note [Abstract]

Equity Attributable to Johnson Controls and Noncontrolling Interests

The following schedules present changes in consolidated equity attributable to Johnson Controls and noncontrolling interests (in millions, net of tax):



	Three Months Ended June 30, 2019									Three Months Ended June 30, 2018
	Equity Attributable to Johnson Controls International plc			Equity Attributable to Noncontrolling Interests			Total Equity			Equity Attributable to Johnson Controls International plc			Equity Attributable to Noncontrolling Interests			Total Equity

Beginning balance, March 31,	$	20,036		$	1,265		$	21,301		$	20,874		$	1,006		$	21,880
Total comprehensive income:
Net income	4,192			84			4,276			723			71			794
Foreign currency translation adjustments	(90		)	(4		)	(94		)	(557		)	(44		)	(601		)
Realized and unrealized gains (losses) on derivatives	(5		)	(4		)	(9		)	3			(1		)	2
Other comprehensive loss	(95		)	(8		)	(103		)	(554		)	(45		)	(599		)
Comprehensive income	4,097			76			4,173			169			26			195

Other changes in equity:
Cash dividends—ordinary shares	(208		)	—			(208		)	(240		)	—			(240		)
Repurchases and retirements of ordinary shares	(4,122		)	—			(4,122		)	(56		)	—			(56		)
Change in noncontrolling interest share	—			—			—			—			4			4
Divestiture of Power Solutions	483			(295		)	188			—			—			—
Other, including options exercised	77			—			77			26			—			26
Ending balance, June 30	$	20,363		$	1,046		$	21,409		$	20,773		$	1,036		$	21,809



	Nine Months Ended June 30, 2019									Nine Months Ended June 30, 2018
	Equity Attributable to Johnson Controls International plc			Equity Attributable to Noncontrolling Interests			Total Equity			Equity Attributable to Johnson Controls International plc			Equity Attributable to Noncontrolling Interests			Total Equity

Beginning balance, September 30,	$	21,164		$	1,294		$	22,458		$	20,447		$	920		$	21,367
Total comprehensive income:
Net income	5,062			171			5,233			1,391			132			1,523
Foreign currency translation adjustments	(103		)	8			(95		)	(331		)	3			(328		)
Realized and unrealized gains (losses) on derivatives	10			—			10			(2		)	1			(1		)
Realized and unrealized losses on marketable securities	—			—			—			(2		)	—			(2		)
Other comprehensive income (loss)	(93		)	8			(85		)	(335		)	4			(331		)
Comprehensive income	4,969			179			5,148			1,056			136			1,192

Other changes in equity:
Cash dividends—ordinary shares	(683		)	—			(683		)	(722		)	—			(722		)
Dividends attributable to noncontrolling interests	—			(132		)	(132		)	—			(43		)	(43		)
Repurchases and retirements of ordinary shares	(5,122		)	—			(5,122		)	(255		)	—			(255		)
Change in noncontrolling interest share	—			—			—			—			23			23
Divestiture of Power Solutions	483			(295		)	188			—			—			—
Adoption of ASC 606	(45		)	—			(45		)	—			—			—
Adoption of ASU 2016-16	(546		)	—			(546		)	—			—			—
Adoption of ASU 2016-09	—			—			—			179			—			179
Other, including options exercised	143			—			143			68			—			68
Ending balance, June 30	$	20,363		$	1,046		$	21,409		$	20,773		$	1,036		$	21,809

Changes in Redeemable Noncontrolling Interests

The following schedule present changes in the redeemable noncontrolling interests for the three and nine months ended June 30, 2018 (in millions):



	Three Months Ended June 30, 2018

Beginning balance, March 31, 2018	$	235
Net income	10
Foreign currency translation adjustments	(13		)
Realized and unrealized losses on derivatives	(1		)
Ending balance, June 30, 2018	$	231




	Nine Months Ended June 30, 2018

Beginning balance, September 30, 2017	$	211
Net income	35
Foreign currency translation adjustments	(3		)
Realized and unrealized losses on derivatives	(9		)
Dividends	(3		)
Ending balance, June 30, 2018	$	231

Changes in Accumulated Other Comprehensive Income, Net of Tax

The following schedules present changes in accumulated other comprehensive income ("AOCI") attributable to Johnson Controls (in millions, net of tax):



	Three Months Ended June 30,
	2019			2018

Foreign currency translation adjustments ("CTA")
Balance at beginning of period	$	(952	)	$	(255	)
Divestiture of Power Solutions	479			—
Aggregate adjustment for the period (net of tax effect of $0)	(90		)	(557		)
Balance at end of period	(563		)	(812		)

Realized and unrealized gains (losses) on derivatives
Balance at beginning of period	2			1
Divestiture of Power Solutions (net of tax effect of $1 and $0)	4			—
Current period changes in fair value (net of tax effect of $(3) and $1)	(4		)	5
Reclassification to income (net of tax effect of $0 and $(2)) **	(1		)	(2		)
Balance at end of period	1			4

Realized and unrealized gains (losses) on marketable securities
Balance at beginning of period	—			2
Current period changes in fair value (net of tax effect of $0)	—			1
Reclassification to income (net of tax effect of $0 and $(1))	—			(1		)
Balance at end of period	—			2

Pension and postretirement plans
Balance at beginning of period	(2		)	(2		)
Other changes	—			—
Balance at end of period	(2		)	(2		)

Accumulated other comprehensive loss, end of period	$	(564	)	$	(808	)




	Nine Months Ended June 30,
	2019			2018

CTA
Balance at beginning of period	$	(939	)	$	(481	)
Divestiture of Power Solutions	479			—
Aggregate adjustment for the period (net of tax effect of $0 and $1) *	(103		)	(331		)
Balance at end of period	(563		)	(812		)

Realized and unrealized gains (losses) on derivatives
Balance at beginning of period	(13		)	6
Divestiture of Power Solutions (net of tax effect of $1 and $0)	4			—
Current period changes in fair value (net of tax effect of $1 and $2)	4			7
Reclassification to income (net of tax effect of $3 and $(4)) **	6			(9		)
Balance at end of period	1			4

Realized and unrealized gains (losses) on marketable securities
Balance at beginning of period	8			4
Adoption of ASU 2016-01 ***	(8		)	—
Current period changes in fair value (net of tax effect of $0)	—			(1		)
Reclassification to income (net of tax effect of $(1)) ****	—			(1		)
Balance at end of period	—			2

Pension and postretirement plans
Balance at beginning of period	(2		)	(2		)
Other changes	—			—
Balance at end of period	(2		)	(2		)

Accumulated other comprehensive loss, end of period	$	(564	)	$	(808	)

* During the nine months ended June 30, 2018, $12 million of cumulative CTA was recognized as part of the divestiture-related gain recognized as part of the divestiture of Scott Safety.

** Refer to Note 15, "Derivative Instruments and Hedging Activities," of the notes to consolidated financial statements for disclosure of the line items in the consolidated statements of income affected by reclassifications from AOCI into income related to derivatives.

*** As previously disclosed, during the quarter ended December 31, 2018, the Company adopted ASU 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." As a result the Company reclassified $8 million of unrealized gains on marketable securities to retained earnings as of October 1, 2018.

**** During the nine months ended June 30, 2018, the Company sold certain marketable common stock for approximately $3 million. As a result, the Company recorded $2 million of realized gains within selling, general and administrative expenses.