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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Net sales $ 6,068 $ 5,862
Cost of sales 3,977 3,971
Gross profit 2,091 1,891
Selling, general and administrative expenses (1,571) (1,369)
Restructuring and impairment costs (345) (49)
Net financing charges (67) (53)
Equity income 62 70
Income before income taxes 170 490
Income tax provision 14 71
Net income 156 419
Income attributable to noncontrolling interests 38 38
Net income attributable to Johnson Controls $ 118 $ 381
Earnings per share attributable to Johnson Controls    
Basic (in dollars per share) $ 0.17 $ 0.54
Diluted (in dollars per share) $ 0.17 $ 0.54
Products and systems    
Net sales $ 4,556 $ 4,420
Cost of sales 3,113 3,153
Services    
Net sales 1,512 1,442
Cost of sales $ 864 $ 818