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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Net sales $ 5,594 $ 5,444 $ 10,935 $ 11,020
Cost of sales 3,651 3,643 7,264 7,416
Gross profit 1,943 1,801 3,671 3,604
Selling, general and administrative expenses (1,253) (1,451) (2,547) (2,878)
Restructuring and impairment costs (96) (62) (96) (173)
Net financing charges (44) (59) (103) (111)
Equity income 56 20 114 63
Income from continuing operations before income taxes 606 249 1,039 505
Income tax provision 209 13 270 78
Income from continuing operations 397 236 769 427
Income from discontinued operations, net of tax (Note 4) 0 0 124 0
Net income 397 236 893 427
Income from continuing operations attributable to noncontrolling interests 54 23 99 55
Net income attributable to Johnson Controls 343 213 794 372
Amounts attributable to Johnson Controls ordinary shareholders        
Income from continuing operations 343 213 670 372
Income from discontinued operations $ 0 $ 0 $ 124 $ 0
Earnings per share        
Basic earnings per share from continuing operations $ 0.48 $ 0.28 $ 0.93 $ 0.49
Basic earnings per share from discontinued operations 0 0 0.17 0
Basic earnings per share 0.48 0.28 1.10 0.49
Diluted earnings per share from continuing operations 0.48 0.28 0.93 0.49
Diluted earnings per share from discontinued operations 0 0 0.17 0
Diluted earnings per share $ 0.48 $ 0.28 $ 1.10 $ 0.49
Products and Systems [Member]        
Net sales $ 4,032 $ 3,922 $ 7,831 $ 7,958
Cost of sales 2,751 2,741 5,470 5,607
Services [Member]        
Net sales 1,562 1,522 3,104 3,062
Cost of sales $ 900 $ 902 $ 1,794 $ 1,809