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Debt and Financing Arrangements
 12 Months Ended
Sep. 30, 2025
Debt Disclosure [Abstract]  
DEBT AND FINANCING ARRANGEMENTS DEBT AND FINANCING ARRANGEMENTS
Short-Term Debt

Short-term debt consisted of the following (in millions):
 September 30,
 20252024
Term loans$320 $603 
Commercial paper400 350 
Bank borrowings3 — 
$723 $953 
Weighted average interest rate on short-term debt outstanding4.5 %4.8 %
Long-Term Debt

Long-term debt consisted of the following (in millions):
September 30,
IssuerInterest RateDue Date 20252024
US dollar debt
JCI plc3.90%February 2026$487 $487 
TIFSA1
3.90%February 20265151 
JCI plc and TFSCA2
5.50%April 2029700700 
JCI plc and TFSCA2
1.75%September 2030625625 
JCI plc and TFSCA2
2.00%September 2031500500 
JCI plc and TFSCA2
4.90%December 2032650400 
JCI plc6.00%January 2036342342 
JCI inc6.00%January 203688 
JCI plc5.70%March 2041190190 
JCI inc5.70%March 20413030 
JCI plc5.25%December 2041155155 
JCI inc5.25%December 204166 
JCI plc4.625%July 2044444444 
JCI inc4.625%July 204466 
JCI plc5.125%September 2045246253 
TIFSA1
5.125%September 20452323 
JCI plc6.95%December 20453232 
JCI plc6.95%December 204544 
JCI plc4.50%February 2047500500 
JCI plc4.95%July 2064341341 
JCI plc4.95%July 20641515 
Euro debt
JCI plc1.375%February 2025— 472 
TIFSA1
1.375%February 2025— 60 
JCI plc
EURIBOR plus 0.75%
April 2027176— 
JCI plc and TFSCA2
0.375%September 2027587 559 
JCI plc and TFSCA2
3.00%September 2028704670 
JCI plc and TFSCA2
1.00%September 2032587559 
JCI plc and TFSCA2
3.125%December 2033587— 
JCI plc and TFSCA2
4.25%May 2035939894 
Japanese yen debt
JCI plc
TORF plus 0.40%
September 2027203211 
Other57 31 
Gross long-term debt9,195 8,568 
Less:
Debt issuance costs39 38 
Net unamortized discount38 38 
Net purchase accounting adjustments(39)(48)
9,157 8,540 
Less: Current portion566 536 
Long-term debt$8,591 $8,004 
1 TIFSA = Tyco International Finance S.A.
2 TFSCA = Tyco Fire & Security Finance S.C.A.
The following table presents maturities of long-term debt as of September 30, 2025 (in millions):

2026$566 
2027972 
2028710 
2029706 
2030631 
After 2030
5,610 
Total$9,195 

Other

As of September 30, 2025, the Company had two syndicated committed revolving credit facilities including $2.5 billion which is scheduled to expire in December 2028 and $500 million which is scheduled to expire in December 2025. There were no draws on the facilities as of September 30, 2025.

As of September 30, 2025, the Company was in compliance with all financial covenants set forth in its credit agreements and the indentures governing its outstanding notes, and expects to remain in compliance for the foreseeable future.
Total interest paid on both short and long-term debt for the years ended September 30, 2025, 2024 and 2023 was $321 million, $361 million and $288 million, respectively.