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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Mar. 31, 2019
Mar. 31, 2018
Net sales $ 5,779 $ 5,630 $ 11,243 $ 10,935
Cost of sales 3,935 3,806 7,674 7,413
Gross profit 1,844 1,824 3,569 3,522
Selling, general and administrative expenses (1,458) (1,490) (2,896) (2,809)
Restructuring and impairment costs 0 0 0 (154)
Net financing charges (98) (107) (183) (209)
Equity income 33 27 75 74
Income from continuing operations before income taxes 321 254 565 424
Income tax provision 47 36 155 253
Income from continuing operations 274 218 410 171
Income from discontinued operations, net of tax (Note 4) 284 265 547 583
Net income 558 483 957 754
Income from continuing operations attributable to noncontrolling interests 34 34 63 62
Income from discontinued operations attributable to noncontrolling interests 9 11 24 24
Net income attributable to Johnson Controls 515 438 870 668
Amounts attributable to Johnson Controls ordinary shareholders        
Income from continuing operations 240 184 347 109
Income from discontinued operations $ 275 $ 254 $ 523 $ 559
Earnings per share        
Basic earnings per share from continuing operations $ 0.27 $ 0.20 $ 0.38 $ 0.12
Basic earnings per share from discontinued operations 0.30 0.27 0.57 0.60
Basic earnings per share 0.57 0.47 0.95 [1] 0.72 [1]
Diluted earnings per share from continuing operations 0.26 0.20 0.38 0.12
Diluted earnings per share from discontinued operations 0.30 0.27 0.57 0.60
Diluted earnings per share [1] $ 0.57 $ 0.47 $ 0.95 $ 0.72
Products and Systems [Member]        
Net sales $ 4,240 $ 4,151 $ 8,162 $ 7,967
Cost of sales 3,029 2,968 5,853 5,758
Services [Member]        
Net sales 1,539 1,479 3,081 2,968
Cost of sales $ 906 $ 838 $ 1,821 $ 1,655
[1] Certain items do not sum due to rounding.