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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2022
Net sales      
Net sales $ 22,952 $ 22,331 $ 20,637
Cost of sales      
Cost of sales 14,875 14,527 13,547
Gross profit 8,077 7,804 7,090
Selling, general and administrative expenses 5,661 5,387 5,078
Restructuring and impairment costs 510 1,049 701
Net financing charges 342 258 205
Equity income (loss) (42) 3 6
Income from continuing operations before income taxes 1,522 1,113 1,112
Income tax provision (benefit) 111 (468) (182)
Income from continuing operations 1,411 1,581 1,294
Income from discontinued operations, net of tax (Note 3) 489 452 429
Net income 1,900 2,033 1,723
Income from continuing operations attributable to noncontrolling interests 4 19 15
Income from discontinued operations attributable to noncontrolling interests 191 165 176
Net income attributable to Johnson Controls 1,705 1,849 1,532
Amounts attributable to Johnson Controls      
Income from continuing operations 1,407 1,562 1,279
Income from discontinued operations, net of tax $ 298 $ 287 $ 253
Basic earnings per share attributable to Johnson Controls      
Continuing operations (in dollars per share) $ 2.09 $ 2.28 $ 1.84
Discontinued operations (in dollars per share) 0.44 0.42 0.36
Net income (in dollars per share) 2.53 2.70 2.20
Diluted earnings per share attributable to Johnson Controls      
Continuing operations (in dollars per share) 2.08 2.27 1.83
Discontinued operations (in dollars per share) 0.44 0.42 0.36
Net income (in dollars per share) $ 2.52 $ 2.69 $ 2.19
Products and systems      
Net sales      
Net sales $ 15,967 $ 15,789 $ 14,612
Cost of sales      
Cost of sales 10,677 10,736 10,124
Services      
Net sales      
Net sales 6,985 6,542 6,025
Cost of sales      
Cost of sales $ 4,198 $ 3,791 $ 3,423