XML 79 R44.htm IDEA: XBRL DOCUMENT v3.19.3.a.u2
Equity and Noncontrolling Interests (Tables)
 3 Months Ended
Dec. 31, 2019
Stockholders' Equity Note [Abstract]  
Equity Attributable to Johnson Controls and Noncontrolling Interests The following schedules present changes in consolidated equity attributable to Johnson Controls and noncontrolling interests (in millions, net of tax):
    
 
Three Months Ended December 31, 2019
 
Three Months Ended December 31, 2018
 
Equity
Attributable to
Johnson Controls International plc
 
Equity
Attributable to
Noncontrolling
Interests
 
Total
Equity
 
Equity
Attributable to
Johnson Controls International plc
 
Equity
Attributable to
Noncontrolling
Interests
 
Total
Equity
 
 
 
 
 
 
 
 
 
 
 
 
Beginning balance, September 30,
$
19,766

 
$
1,063

 
$
20,829

 
$
21,164

 
$
1,294

 
$
22,458

Total comprehensive income:
 
 
 
 
 
 
 
 
 
 
 
Net income
159

 
32

 
191

 
355

 
44

 
399

Foreign currency translation adjustments
251

 
10

 
261

 
(127
)
 
9

 
(118
)
Realized and unrealized gains on derivatives
5

 
2

 
7

 
1

 
1

 
2

Pension and postretirement plans
(1
)
 
—

 
(1
)
 
—

 
—

 
—

    Other comprehensive income (loss)
255

 
12

 
267

 
(126
)
 
10

 
(116
)
Comprehensive income
414

 
44

 
458

 
229

 
54

 
283

 
 
 
 
 
 
 
 
 
 
 
 
Other changes in equity:
 
 
 
 
 
 
 
 
 
 
 
Cash dividends—ordinary shares
(201
)
 
—

 
(201
)
 
(240
)
 
—

 
(240
)
Dividends attributable to noncontrolling interests
—

 
(5
)
 
(5
)
 
—

 
(43
)
 
(43
)
Repurchases and retirements of ordinary shares
(651
)
 
—

 
(651
)
 
(467
)
 
—

 
(467
)
Adoption of ASC 606
—

 
—

 
—

 
(45
)
 
—

 
(45
)
Adoption of ASU 2016-16
—

 
—

 
—

 
(546
)
 
—

 
(546
)
Adoption of ASC 842
(5
)
 
—

 
(5
)
 
—

 
—

 
—

Other, including options exercised
6

 
—

 
6

 
7

 
—

 
7

Ending balance, December 31,
$
19,329

 
$
1,102

 
$
20,431

 
$
20,102

 
$
1,305

 
$
21,407


 
 
 
 
 
 
 
 
 
 
 
 
Changes in Redeemable Noncontrolling Interests

Changes in Accumulated Other Comprehensive Income, Net of Tax

The following schedules present changes in accumulated other comprehensive income ("AOCI") attributable to Johnson Controls (in millions, net of tax):
 
Three Months Ended
December 31,
 
2019
 
2018
 
 
 
 
Foreign currency translation adjustments ("CTA")
 
 
 
Balance at beginning of period
$
(785
)
 
$
(939
)
Aggregate adjustment for the period (net of tax effect of $0 and $0)
251

 
(127
)
Balance at end of period
(534
)
 
(1,066
)
 
 
 
 
Realized and unrealized gains (losses) on derivatives
 
 
 
Balance at beginning of period
(2
)
 
(13
)
Current period changes in fair value (net of tax effect of $2 and $(2))
5

 
(4
)
Reclassification to income (net of tax effect of $0 and $1) *
—

 
5

Balance at end of period
3

 
(12
)
 
 
 
 
Realized and unrealized gains (losses) on marketable securities
 
 
 
Balance at beginning of period
—

 
8

Adoption of ASU 2016-01**
—

 
(8
)
Balance at end of period
—

 
—

 
 
 
 
Pension and postretirement plans
 
 
 
Balance at beginning of period
(8
)
 
(2
)
Reclassification to income (net of tax effect of $0 and $0)
(1
)
 
—

Balance at end of period
(9
)
 
(2
)
 
 
 
 
Accumulated other comprehensive loss, end of period
$
(540
)
 
$
(1,080
)


* Refer to Note 16, "Derivative Instruments and Hedging Activities," of the notes to consolidated financial statements for
disclosure of the line items in the consolidated statements of income affected by reclassifications from AOCI into income
related to derivatives.

** During the quarter ended December 31, 2018, the Company adopted ASU 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities." As a result, the Company reclassified $8 million of unrealized gains on marketable securities to retained earnings as of October 1, 2018.