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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2023
Sep. 30, 2022
Sep. 30, 2021
Operating Activities of Continuing Operations      
Net income attributable to Johnson Controls $ 1,849 $ 1,532 $ 1,513
Income from continuing operations attributable to noncontrolling interests 184 191 233
Income from continuing operations 2,033 1,723 1,746
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 848 830 845
Pension and postretirement benefit expense (income) 61 (216) (551)
Pension and postretirement contributions (57) (96) (68)
Equity in earnings of partially-owned affiliates, net of dividends received (98) 30 (117)
Deferred income taxes (676) (141) 36
Non-cash restructuring and impairment charges 827 555 98
Equity-based compensation expense 111 102 76
Other - net (123) (58) (85)
Changes in assets and liabilities, excluding acquisitions and divestitures:      
Accounts receivable (168) (427) (143)
Inventories (81) (773) (219)
Other assets (216) (362) (164)
Restructuring reserves 59 (7) (44)
Accounts payable and accrued liabilities (222) 1,270 813
Accrued income taxes (77) (440) 328
Cash provided by operating activities from continuing operations 2,221 1,990 2,551
Investing Activities of Continuing Operations      
Capital expenditures (539) (592) (552)
Sale of property, plant and equipment 32 127 124
Acquisition of businesses, net of cash acquired (726) (269) (725)
Other - net 49 41 63
Cash used by investing activities from continuing operations (1,184) (693) (1,090)
Financing Activities of Continuing Operations      
Net proceeds (payments) from borrowings with maturities less than three months (51) 379 (18)
Proceeds from debt 1,173 1,771 734
Repayments of debt (1,555) (184) (744)
Stock repurchases and retirements (625) (1,441) (1,307)
Payment of cash dividends (980) (916) (762)
Proceeds from the exercise of stock options 42 17 178
Dividends paid to noncontrolling interests (149) (121) (142)
Employee equity-based compensation withholding taxes (37) (51) (33)
Other - net 8 30 (37)
Cash used by financing activities from continuing operations (2,174) (516) (2,131)
Discontinued Operation, Alternative Cash Flow Information [Abstract]      
Discontinued Operations - Cash used by operating activities 0 (4) (64)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (5) (53) 116
Increase (decrease) in cash, cash equivalents and restricted cash (1,142) 724 (618)
Cash, cash equivalents and restricted cash at beginning of period 2,066 1,342 1,960
Cash, cash equivalents and restricted cash at end of period 924 2,066 1,342
Less: Restricted cash 89 35 6
Cash and cash equivalents at end of period $ 835 $ 2,031 $ 1,336