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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2020
Dec. 31, 2019
Operating Activities of Continuing Operations    
Net income from continuing operations attributable to Johnson Controls $ 327 $ 159
Income from continuing operations attributable to noncontrolling interests 45 32
Income from continuing operations 372 191
Adjustments to reconcile net income from continuing operations to cash provided by operating activities:    
Depreciation and amortization 207 207
Pension and postretirement benefit income (46) (40)
Pension and postretirement contributions (17) (12)
Equity in earnings of partially-owned affiliates, net of dividends received (52) 8
Deferred income taxes (59) (3)
Non-cash restructuring and impairment charges 0 54
Equity-based compensation 22 23
Other - net (47) (7)
Changes in assets and liabilities, excluding acquisitions and divestitures:    
Accounts receivable 224 237
Inventories (98) (114)
Other assets (70) (92)
Restructuring reserves (34) 33
Accounts payable and accrued liabilities 91 (498)
Accrued income taxes 22 524
Cash provided by operating activities from continuing operations 515 511
Investing Activities of Continuing Operations    
Capital expenditures (91) (126)
Sale of property, plant and equipment 34 1
Acquisition of businesses, net of cash acquired 0 (48)
Business divestitures, net of cash divested 11 0
Changes in long-term investments 9 0
Cash used by investing activities from continuing operations (37) (173)
Financing Activities of Continuing Operations    
Increase (decrease) in short-term debt - net (20) 10
Debt financing costs 0 (4)
Stock repurchases and retirements (346) (651)
Payment of cash dividends (190) (203)
Proceeds from the exercise of stock options 31 21
Employee equity-based compensation withholding taxes (21) (20)
Dividends paid to noncontrolling interests 0 (5)
Proceeds (payments) for previous acquisitions and divestitures (1) 2
Cash used by financing activities from continuing operations (547) (850)
Cash Used by Operating Activities, Discontinued Operations (36) (194)
Net Cash Used by Discontinued Operations (36) (194)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations (11) 57
Decrease in Cash, Cash Equivalents and Restricted Cash (116) (649)
Cash, cash equivalents and restricted cash at beginning of period 1,960 2,821
Cash, cash equivalents and restricted cash at end of period 1,844 2,172
Less: Restricted Cash 5 12
Cash and cash equivalents at end of period $ 1,839 $ 2,160