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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Mar. 31, 2020
Mar. 31, 2019
Net sales $ 5,444 $ 5,779 $ 11,020 $ 11,243
Cost of sales 3,643 3,935 7,416 7,674
Gross profit 1,801 1,844 3,604 3,569
Selling, general and administrative expenses (1,451) (1,458) (2,878) (2,896)
Restructuring and impairment costs (62) 0 (173) 0
Net financing charges (59) (98) (111) (183)
Equity income 20 33 63 75
Income from continuing operations before income taxes 249 321 505 565
Income tax provision 13 47 78 155
Income from continuing operations 236 274 427 410
Income from discontinued operations, net of tax (Note 4) 0 284 0 547
Net income 236 558 427 957
Income from continuing operations attributable to noncontrolling interests 23 34 55 63
Income from discontinued operations attributable to noncontrolling interests 0 9 0 24
Net income attributable to Johnson Controls 213 515 372 870
Amounts attributable to Johnson Controls ordinary shareholders        
Income from continuing operations 213 240 372 347
Income from discontinued operations $ 0 $ 275 $ 0 $ 523
Earnings per share        
Basic earnings per share from continuing operations $ 0.28 $ 0.27 $ 0.49 $ 0.38
Basic earnings per share from discontinued operations 0 0.30 0 0.57
Basic earnings per share 0.28 0.57 0.49 0.95
Diluted earnings per share from continuing operations 0.28 0.26 0.49 0.38
Diluted earnings per share from discontinued operations 0 0.30 0 0.57
Diluted earnings per share [1] $ 0.28 $ 0.57 $ 0.49 $ 0.95
Products and Systems [Member]        
Net sales $ 3,922 $ 4,240 $ 7,958 $ 8,162
Cost of sales 2,741 3,029 5,607 5,853
Services [Member]        
Net sales 1,522 1,539 3,062 3,081
Cost of sales $ 902 $ 906 $ 1,809 $ 1,821
[1] Certain items do not sum due to rounding.