CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Year Ended September 30, 2016

($ in millions)



	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments		Total

Net sales	$	—		$	—		$	—		$	37,674		$	—	$	37,674
Cost of sales	—			—			—			30,360			—		30,360

Gross profit	—			—			—			7,314			—		7,314

Selling, general and administrative expenses	(2		)	(2		)	(1		)	(5,320		)	—		(5,325		)
Restructuring and impairment costs	—			—			—			(620		)	—		(620		)
Net financing charges	—			—			(6		)	(308		)	—		(314		)
Equity income (loss)	(894		)	(1,527		)	(313		)	531			2,734		531
Intercompany interest and fees	28			—			7			(35		)	—		—

Income (loss) from continuing operations before income taxes	(868		)	(1,529		)	(313		)	1,562			2,734		1,586

Income tax provision	—			—			—			2,238			—		2,238

Income (loss) from continuing operations	(868		)	(1,529		)	(313		)	(676		)	2,734		(652		)

Net income (loss)	(868		)	(1,529		)	(313		)	(676		)	2,734		(652		)

Income from continuing operations attributable to noncontrolling interests	—			—			—			216			—		216

Net income (loss) attributable to Johnson Controls	$	(868	)	$	(1,529	)	$	(313	)	$	(892	)	$	2,734	$	(868	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME

For the Year Ended September 30, 2016



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total

Net Income (loss)	$	(868	)	$	(1,529	)	$	(313	)	$	(676	)	$	2,734		$	(652	)
Other comprehensive income (loss), net of tax
Foreign currency translation adjustments	(105		)	—			—			(83		)	94			(94		)
Realized and unrealized gains on derivatives	11			—			—			7			(9		)	9
Realized and unrealized losses on marketable common stock	(1		)	—			—			(1		)	1			(1		)
Pension and postretirement plans	(1		)	—			—			(1		)	1			(1		)

Other comprehensive loss	(96		)	—			—			(78		)	87			(87		)

Total comprehensive loss	(964		)	(1,529		)	(313		)	(754		)	2,821			(739		)

Comprehensive income attributable to noncontrolling interests	—			—			—			225			—			225

Comprehensive loss attributable to Johnson Controls	$	(964	)	$	(1,529	)	$	(313	)	$	(979	)	$	2,821		$	(964	)

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION

For the Year Ended September 30, 2016



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.		Other Subsidiaries		Consolidating Adjustments			Total

Assets
Cash and cash equivalents	$	11		$	—	$	244	$	429	$	—		$	684
Cash in escrow related to Adient debt	—			—		—		2,034		—			2,034
Accounts receivable, net	—			—		—		8,018		—			8,018
Inventories	—			—		—		3,560		—			3,560
Intercompany receivables	16			—		2		6,188		(6,206		)	—
Assets held for sale	—			—		—		174		—			174
Other current assets	6			—		1		2,632		—			2,639
Current assets	$	33		$	—	$	247	$	23,035	$	(6,206	)	$	17,109

Property, plant and equipment - net	—			—		—		7,872		—			7,872
Goodwill	—			—		274		23,135		—			23,409
Other intangible assets - net	—			—		—		7,653		—			7,653
Investments in partially-owned affiliates	—			—		—		2,735		—			2,735
Investments in affiliates	12,460			31,405		27,906		—		(71,771		)	—
Intercompany loans receivable	18,680			—		13,336		15,631		(47,647		)	—
Other noncurrent assets	—			—		—		4,475		—			4,475
Total assets	$	31,173		$	31,405	$	41,763	$	84,536	$	(125,624	)	$	63,253

Liabilities and Equity
Short-term debt	$	—		$	—	$	—	$	1,119	$	—		$	1,119
Current portion of long-term debt	—			—		—		628		—			628
Accounts payable	1			—		—		6,763		—			6,764
Accrued compensation and benefits	—			—		—		1,763		—			1,763
Liabilities held for sale	—			—		—		28		—			28
Intercompany payables	3,873			—		2,315		18		(6,206		)	—
Other current liabilities	3			2		32		5,954		—			5,991
Current liabilities	3,877			2		2,347		16,273		(6,206		)	16,293

Long-term debt	—			—		2,413		12,193		—			14,606
Pension and postretirement benefits	—			—		—		1,738		—			1,738
Intercompany loans payable	3,178			18,680		12,453		13,336		(47,647		)	—
Other noncurrent liabilities	—			—		22		5,270		—			5,292
Long-term liabilities	3,178			18,680		14,888		32,537		(47,647		)	21,636

Redeemable noncontrolling interest	—			—		—		234		—			234
Ordinary shares	9			—		—		—		—			9
Ordinary shares held in treasury	(20		)	—		—		—		—			(20		)
Other shareholders' equity	24,129			12,723		24,528		34,520		(71,771		)	24,129
Shareholders’ equity attributable to Johnson Controls	24,118			12,723		24,528		34,520		(71,771		)	24,118
Nonredeemable noncontrolling interest	—			—		—		972		—			972
Total equity	24,118			12,723		24,528		35,492		(71,771		)	25,090
Total liabilities, redeemable noncontrolling interest and equity	$	31,173		$	31,405	$	41,763	$	84,536	$	(125,624	)	$	63,253

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Year Ended September 30, 2016



(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA		Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total

Operating Activities
Net cash provided by operating activities	$	11		$	—	$	639		$	1,245		$	—		$	1,895

Investing Activities
Capital expenditures	—			—		—			(1,249		)	—			(1,249		)
Sale of property, plant and equipment	—			—		—			32			—			32
Acquisition of business, net of cash acquired	—			—		—			353			—			353
Business divestitures	—			—		—			32			—			32
Changes in long-term investments	—			—		57			(105		)	—			(48		)
Net change in intercompany loans	—			—		10			—			(10		)	—
Other	—			—		—			(7		)	—			(7		)
Net cash provided (used) by investing activities	—			—		67			(944		)	(10		)	(887		)

Financing Activities
Increase (decrease) in short-term debt - net	—			—		(462		)	1,018			—			556
Increase in long-term debt	—			—		—			1,501			—			1,501
Repayment of long-term debt	—			—		—			(1,299		)	—			(1,299		)
Debt financing costs	—			—		—			(45		)	—			(45		)
Stock repurchases	—			—		—			(501		)	—			(501		)
Payment of cash dividends	—			—		—			(915		)	—			(915		)
Proceeds from the exercise of stock options	3			—		—			67			—			70
Net intercompany loan borrowings (repayments)	—			—		—			(10		)	10			—
Cash paid to acquire a noncontrolling interest	—			—		—			(2		)	—			(2		)
Dividends paid to noncontrolling interests	—			—		—			(306		)	—			(306		)
Other	(3		)	—		—			11			—			8
Net cash provided (used) in financing activities	—			—		(462		)	(481		)	10			(933		)
Effect of currency translation on cash	—			—		—			12			—			12
Increase (decrease) in cash and cash equivalents	11			—		244			(168		)	—			87
Cash and cash equivalents at beginning of period	—			—		—			597			—			597
Cash and cash equivalents at end of period	$	11		$	—	$	244		$	429		$	—		$	684