TIFSA (Tables)

6 Months Ended

Mar. 31, 2017

Condensed Financial Information of Parent Company Only Disclosure [Abstract]

Tyco International Finance S.A.

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Three Months Ended March 31, 2017

(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments		Total
Net sales	$	—		$	—		$	—		$	7,267		$	—	$	7,267
Cost of sales	—			—						4,986			—		4,986
Gross profit	—			—			—			2,281			—		2,281
Selling, general and administrative      expenses	(4		)	—			(1		)	(1,721		)	—		(1,726		)
Restructuring and impairment costs	—			—			—			(99		)	—		(99		)
Net financing charges	(59		)	—			5			(62		)	—		(116		)
Equity income (loss)	(103		)	(201		)	(405		)	53			709		53
Intercompany interest and fees	18			73			20			(111		)	—		—
Income (loss) from continuing    operations before income taxes	(148		)	(128		)	(381		)	341			709		393
Income tax provision	—			—			—			508			—		508
Net loss	(148		)	(128		)	(381		)	(167		)	709		(115		)
Income from continuing operations    attributable to noncontrolling    interests	—			—			—			33			—		33
Net loss attributable to Johnson    Controls	$	(148	)	$	(128	)	$	(381	)	$	(200	)	$	709	$	(148	)

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME

For the Three Months Ended March 31, 2017

(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total
Net income (loss)	$	(148	)	$	(128	)	$	(381	)	$	(167	)	$	709		$	(115	)
Other comprehensive income (loss),    net of tax
Foreign currency translation         adjustments	241			(7		)	(1		)	260			(241		)	252
Realized and unrealized losses        on derivatives	(6		)	—			—			(8		)	6			(8		)
Realized and unrealized gains        on marketable securities	11			—			7			4			(11		)	11
Other comprehensive income (loss)	246			(7		)	6			256			(246		)	255
Total comprehensive income (loss)	98			(135		)	(375		)	89			463			140
Comprehensive income attributable    to noncontrolling interests	—			—			—			42			—			42
Comprehensive income (loss)    attributable to Johnson Controls	$	98		$	(135	)	$	(375	)	$	47		$	463		$	98

CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS

For the Six Months Ended March 31, 2017

(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments		Total
Net sales	$	—		$	—		$	—		$	14,353		$	—	$	14,353
Cost of sales	—			—			—			9,958			—		9,958
Gross profit	—			—			—			4,395			—		4,395
Selling, general and administrative      expenses	(6		)	—			—			(3,290		)	—		(3,296		)
Restructuring and impairment costs	—			—			—			(177		)	—		(177		)
Net financing charges	(78		)	—			(14		)	(160		)	—		(252		)
Equity income (loss)	215			(500		)	(501		)	108			786		108
Intercompany interest and fees	50			73			37			(160		)	—		—
Income (loss) from continuing    operations before income taxes	181			(427		)	(478		)	716			786		778
Income tax provision	—			—			—			481			—		481
Income (loss) from continuing    operations	181			(427		)	(478		)	235			786		297
Income (loss) from sale of    intercompany investment, net of    tax	—			—			(935		)	—			935		—
Loss from discontinued    operations, net of tax	—			—			—			(34		)	—		(34		)
Net income (loss)	181			(427		)	(1,413		)	201			1,721		263
Income from continuing operations    attributable to noncontrolling    interests	—			—			—			73			—		73
Income from discontinued    operations attributable to    noncontrolling interests	—			—			—			9			—		9
Net income (loss) attributable to    Johnson Controls	$	181		$	(427	)	$	(1,413	)	$	119		$	1,721	$	181

CONDENSED CONSOLIDATING STATEMENT OF COMPREHENSIVE INCOME

For the Six Months Ended March 31, 2017

(in millions)	Johnson Controls International plc			Tyco Fire & Security Finance SCA			Tyco International Finance S.A.			Other Subsidiaries			Consolidating Adjustments			Total
Net income (loss)	$	181		$	(427	)	$	(1,413	)	$	201		$	1,721		$	263
Other comprehensive income (loss),    net of tax
Foreign currency translation         adjustments	(418		)	(7		)	26			(470		)	418			(451		)
Realized and unrealized losses        on derivatives	(6		)	—			—			(4		)	6			(4		)
Realized and unrealized gains        on marketable securities	9			—			7			2			(9		)	9
Other comprehensive income (loss)	(415		)	(7		)	33			(472		)	415			(446		)
Total comprehensive loss	(234		)	(434		)	(1,380		)	(271		)	2,136			(183		)
Comprehensive income attributable    to noncontrolling interests	—			—			—			51			—			51
Comprehensive loss attributable    to Johnson Controls	$	(234	)	$	(434	)	$	(1,380	)	$	(322	)	$	2,136		$	(234	)

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION

As of March 31, 2017

(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	$	3		$	—	$	288	$	482	$	(361	)	$	412
Accounts receivable - net	—			—		—		6,094		—			6,094
Inventories	—			—		—		3,138		—			3,138
Intercompany receivables	1,803			2,039		382		4,576		(8,800		)	—
Assets held for sale	—			—		—		2,037		—			2,037
Other current assets	14			—		1		1,533		—			1,548
Current assets	$	1,820		$	2,039	$	671	$	17,860	$	(9,161	)	$	13,229
Property, plant and equipment - net	—			—		—		5,601		—			5,601
Goodwill	243			—		32		19,369		—			19,644
Other intangible assets - net	—			—		—		6,687		—			6,687
Investments in partially-owned    affiliates	—			—		—		1,099		—			1,099
Investments in affiliates	17,112			28,629		22,254		—		(67,995		)	—
Intercompany loans receivable	18,205			4,140		2,836		8,398		(33,579		)	—
Other noncurrent assets	—			—		18		3,329		—			3,347
Total assets	$	37,380		$	34,808	$	25,811	$	62,343	$	(110,735	)	$	49,607
Liabilities and Equity
Short-term debt	$	885		$	76	$	—	$	524	$	(361	)	$	1,124
Current portion of long-term debt	444			—		18		80		—			542
Accounts payable	1			—		—		3,719		—			3,720
Accrued compensation and benefits	—			—		—		1,082		—			1,082
Liabilities held for sale	—			—		—		237		—			237
Intercompany payables	2,588			1,007		4,343		862		(8,800		)	—
Other current liabilities	292			2		23		3,720		—			4,037
Current liabilities	4,210			1,085		4,384		10,224		(9,161		)	10,742
Long-term debt	7,347			—		149		4,314		—			11,810
Pension and postretirement benefits	—			—		—		1,048		—			1,048
Intercompany loans payable	6,435			18,205		1,964		6,975		(33,579		)	—
Other noncurrent liabilities	—			—		24		5,614		—			5,638
Long-term liabilities	13,782			18,205		2,137		17,951		(33,579		)	18,496
Redeemable noncontrolling interests	—			—		—		168		—			168
Ordinary shares	9			—		—		—		—			9
Ordinary shares held in treasury	(172		)	—		—		—		—			(172		)
Other shareholders' equity	19,551			15,518		19,290		33,187		(67,995		)	19,551
Shareholders’ equity attributable to Johnson Controls	19,388			15,518		19,290		33,187		(67,995		)	19,388
Noncontrolling interests	—			—		—		813		—			813
Total equity	19,388			15,518		19,290		34,000		(67,995		)	20,201
Total liabilities and equity	$	37,380		$	34,808	$	25,811	$	62,343	$	(110,735	)	$	49,607

CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS

For the Six Months Ended March 31, 2017

(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 (used) by operating    activities	$	80		$	—		$	67		$	(1,683	)	$	—		$	(1,536	)
Investing Activities
Capital expenditures	—			—			—			(634		)	—			(634		)
Sale of property, plant and equipment	—			—			—			18			—			18
Acquisition of businesses, net of cash    acquired	—			—			(6		)	—			—			(6		)
Business divestitures	—			—			—			180			—			180
Changes in long-term investments	—			—			(11		)	(19		)	—			(30		)
Net change in intercompany loans receivable	—			—			10			165			(175		)	—
Increase in intercompany investment    in subsidiaries	(1,924		)	(1,716		)	(76		)	—			3,716			—
Net cash used by investing activities	(1,924		)	(1,716		)	(83		)	(290		)	3,541			(472		)
Financing Activities
Increase (decrease) in short-term debt - net	885			76			—			(545		)	(361		)	55
Increase in long-term debt	1,544			—			—			8			—			1,552
Repayment of long-term debt	(46		)	—			(16		)	(769		)	—			(831		)
Debt financing costs	(17		)	—			—			—			—			(17		)
Stock repurchases	(119		)	—			—			—			—			(119		)
Payment of cash dividends	(235		)	—			—			—			—			(235		)
Proceeds from the exercise of stock options	88			—			—			—			—			88
Net change in intercompany loans payable	(165		)	—			—			(10		)	175			—
Increase in equity from parent	—			1,640			76			2,000			(3,716		)	—
Dividends paid to noncontrolling interests	—			—			—			(78		)	—			(78		)
Dividend from Adient spin-off	—			—			—			2,050			—			2,050
Cash transferred to Adient related to spin-off	(87		)	—			—			(578		)	—			(665		)
Cash paid related to prior acquisitions	—			—			—			(37		)	—			(37		)
Other	(12		)	—			—			10			—			(2		)
Net cash provided by financing activities	1,836			1,716			60			2,051			(3,902		)	1,761
Effect of exchange rate changes on    cash and cash equivalents	—			—			—			(25		)	—			(25		)
Changes in cash held for sale	—			—			—			105			—			105
Increase (decrease) in cash and    cash equivalents	(8		)	—			44			158			(361		)	(167		)
Cash and cash equivalents at    beginning of period	11			—			244			324			—			579
Cash and cash equivalents at    end of period	$	3		$	—		$	288		$	482		$	(361	)	$	412

CONDENSED CONSOLIDATING STATEMENT OF FINANCIAL POSITION

As of 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	$	324	$	—		$	579
Accounts receivable - net	—			—		—		6,394		—			6,394
Inventories	—			—		—		2,888		—			2,888
Intercompany receivables	16			—		2		6,188		(6,206		)	—
Assets held for sale	—			—		—		5,812		—			5,812
Other current assets	6			—		1		1,429		—			1,436
Current assets	$	33		$	—	$	247	$	23,035	$	(6,206	)	$	17,109
Property, plant and equipment - net	—			—		—		5,632		—			5,632
Goodwill	—			—		274		20,750		—			21,024
Other intangible assets - net	—			—		—		7,540		—			7,540
Investments in partially-owned affiliates	—			—		—		990		—			990
Investments in affiliates	12,460			31,142		27,643		—		(71,245		)	—
Intercompany loans receivable	18,680			—		13,336		15,631		(47,647		)	—
Noncurrent assets held for sale	—			—		—		7,374		—			7,374
Other noncurrent assets	—			—		—		3,510		—			3,510
Total assets	$	31,173		$	31,142	$	41,500	$	84,462	$	(125,098	)	$	63,179
Liabilities and Equity
Short-term debt	$	—		$	—	$	—	$	1,078	$	—		$	1,078
Current portion of long-term debt	—			—		—		628		—			628
Accounts payable	1			—		—		3,999		—			4,000
Accrued compensation and benefits	—			—		—		1,333		—			1,333
Liabilities held for sale	—			—		—		4,276		—			4,276
Intercompany payables	3,873			—		2,315		18		(6,206		)	—
Other current liabilities	3			2		32		4,979		—			5,016
Current liabilities	3,877			2		2,347		16,311		(6,206		)	16,331
Long-term debt	—			—		2,413		8,640		—			11,053
Pension and postretirement benefits	—			—		—		1,550		—			1,550
Intercompany loans payable	3,178			18,680		12,453		13,336		(47,647		)	—
Noncurrent liabilities held for sale	—			—		—		3,888		—			3,888
Other noncurrent liabilities	—			—		22		5,011		—			5,033
Long-term liabilities	3,178			18,680		14,888		32,425		(47,647		)	21,524
Redeemable noncontrolling interest	—			—		—		234		—			234
Ordinary shares	9			—		—		—		—			9
Ordinary shares held in treasury	(20		)	—		—		—		—			(20		)
Other shareholders' equity	24,129			12,460		24,265		34,520		(71,245		)	24,129
Shareholders’ equity attributable to     Johnson Controls	24,118			12,460		24,265		34,520		(71,245		)	24,118
Noncontrolling interests	—			—		—		972		—			972
Total equity	24,118			12,460		24,265		35,492		(71,245		)	25,090
Total liabilities and equity	$	31,173		$	31,142	$	41,500	$	84,462	$	(125,098	)	$	63,179