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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2017
Jun. 30, 2016
Jun. 30, 2017
Jun. 30, 2016
Net sales        
Products and systems [1] $ 5,825 $ 4,196 $ 16,578 $ 11,879
Services [1] 1,858 958 5,458 2,704
Net sales 7,683 5,154 22,036 14,583
Cost of sales        
Products and systems [1] 4,132 3,068 11,919 8,759
Services [1] 1,120 664 3,291 1,858
Cost of sales 5,252 3,732 15,210 10,617
Gross profit 2,431 1,422 6,826 3,966
Selling, general and administrative expenses (1,609) (895) (4,905) (2,641)
Restructuring and impairment costs (49) (27) (226) (87)
Net financing charges (124) (65) (376) (202)
Equity income 69 45 177 127
Income from continuing operations before income taxes 718 480 1,496 1,163
Income tax provision 89 78 570 202
Income from continuing operations 629 402 926 961
Income (loss) from discontinued operations, net of tax (Note 5) 0 57 (34) (481)
Net income 629 459 892 480
Income from continuing operations attributable to noncontrolling interests 74 55 147 116
Income from discontinued operations attributable to noncontrolling interests 0 21 9 61
Net income attributable to Johnson Controls 555 383 736 303
Amounts attributable to Johnson Controls ordinary shareholders        
Income from continuing operations 555 347 779 845
Income (loss) from discontinued operations $ 0 $ 36 $ (43) $ (542)
Earnings (loss) per share        
Basic earnings per share from continuing operations $ 0.59 $ 0.54 $ 0.83 $ 1.31
Basic earnings (loss) per share from discontinued operations 0.00 0.06 (0.05) (0.84)
Basic earnings per share [2] 0.59 0.59 0.79 0.47
Diluted earnings per share from continuing operations 0.59 0.53 0.82 1.30
Diluted earnings (loss) per share from discontinued operations 0.00 0.06 (0.05) (0.83)
Diluted earnings per share [2] $ 0.59 $ 0.59 $ 0.78 $ 0.47
[1] Products and systems consist of Building Technologies & Solutions and Power Solutions products and systems. Services are Building Technologies & Solutions technical services.
[2] Certain items do not sum due to rounding