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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities of Continuing Operations    
Net income from continuing operations attributable to Johnson Controls $ 392 $ 670
Income from continuing operations attributable to noncontrolling interests 79 99
Income from continuing operations 471 769
Adjustments to reconcile net income from continuing operations to cash provided by operating activities:    
Depreciation and amortization 432 419
Pension and postretirement benefit income (51) (299)
Pension and postretirement contributions (76) (25)
Equity in earnings of partially-owned affiliates, net of dividends received 20 (107)
Deferred income taxes (97) 25
Non-cash restructuring and impairment charges 361 54
Equity-based compensation 57 32
Other - net (64) (64)
Changes in assets and liabilities, excluding acquisitions and divestitures:    
Accounts receivable (306) 167
Inventories (619) (211)
Other assets (206) (90)
Restructuring reserves (19) (24)
Accounts payable and accrued liabilities 489 510
Accrued income taxes (68) 4
Cash provided by operating activities from continuing operations 324 1,160
Investing Activities of Continuing Operations    
Capital expenditures (260) (197)
Sale of property, plant and equipment 35 54
Acquisition of businesses, net of cash acquired (124) (10)
Business divestitures, net of cash divested 16 19
Changes in long-term investments 1 15
Cash used by investing activities (332) (119)
Financing Activities of Continuing Operations    
Increase (decrease) in short-term debt - net 2,061 225
Repayment of long-term debt (2) (258)
Stock repurchases and retirements (1,035) (661)
Payment of cash dividends (430) (377)
Proceeds from the exercise of stock options 13 133
Employee equity-based compensation withholding taxes (49) (29)
Change in noncontrolling interest share 0 (14)
Dividends paid to noncontrolling interests (118) (101)
Other - net 4 3
Net Cash Provided by (Used in) Financing Activities, Total 444 (1,079)
Discontinued Operations    
Cash Used by Operating Activities, Discontinued Operations (4) (37)
Net Cash Used by Discontinued Operations (4) (37)
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations 46 9
Decrease in Cash, Cash Equivalents and Restricted Cash 478 (66)
Cash, cash equivalents and restricted cash at beginning of period 1,342 1,960
Cash, cash equivalents and restricted cash at end of period 1,820 1,894
Less: Restricted Cash 33 11
Cash and cash equivalents at end of period $ 1,787 $ 1,883