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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Mar. 31, 2018
Mar. 31, 2017
Net sales        
Products and systems [1] $ 5,996 $ 5,769 $ 11,942 $ 11,354
Services [1] 1,479 1,498 2,968 2,999
Net sales 7,475 7,267 14,910 14,353
Cost of sales        
Products and systems [1] 4,417 4,087 8,866 8,150
Services [1] 838 899 1,655 1,808
Cost of sales 5,255 4,986 10,521 9,958
Gross profit 2,220 2,281 4,389 4,395
Selling, general and administrative expenses (1,588) (1,726) (3,005) (3,296)
Restructuring and impairment costs 0 (99) (158) (177)
Net financing charges (115) (116) (231) (252)
Equity income 44 53 104 108
Income from continuing operations before income taxes 561 393 1,099 778
Income tax provision 78 508 345 481
Income (loss) from continuing operations 483 (115) 754 297
Loss from discontinued operations, net of tax (Note 4) 0 0 0 (34)
Net income (loss) 483 (115) 754 263
Income from continuing operations attributable to noncontrolling interests 45 33 86 73
Income from discontinued operations attributable to noncontrolling interests 0 0 0 9
Net income (loss) attributable to Johnson Controls 438 (148) 668 181
Amounts attributable to Johnson Controls ordinary shareholders        
Income (loss) from continuing operations 438 (148) 668 224
Loss from discontinued operations $ 0 $ 0 $ 0 $ (43)
Earnings (loss) per share        
Basic earnings (loss) per share from continuing operations $ 0.47 $ (0.16) $ 0.72 $ 0.24
Basic earnings (loss) per share from discontinued operations 0.00 0.00 0.00 (0.05)
Basic earnings (loss) per share 0.47 (0.16) 0.72 0.19
Diluted earnings (loss) per share from continuing operations 0.47 (0.16) 0.72 0.24
Diluted earnings (loss) per share from discontinued operations 0.00 0.00 0.00 (0.05)
Diluted earnings (loss) per share $ 0.47 $ (0.16) $ 0.72 $ 0.19
[1] Products and systems consist of Building Technologies & Solutions and Power Solutions products and systems. Services are Building Technologies & Solutions technical services.