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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2022
Dec. 31, 2021
Operating Activities of Continuing Operations    
Net income attributable to Johnson Controls $ 118 $ 381
Income attributable to noncontrolling interests 38 38
Net income 156 419
Adjustments to reconcile net income to cash provided (used) by operating activities:    
Depreciation and amortization 203 224
Pension and postretirement benefit income (6) (82)
Pension and postretirement contributions (9) (41)
Equity in earnings of partially-owned affiliates, net of dividends received (56) (18)
Deferred income taxes (92) (32)
Noncash restructuring and impairment charges 294 0
Equity-based compensation 30 29
Other - net (27) (28)
Changes in assets and liabilities, excluding acquisitions and divestitures:    
Accounts receivable (88) (75)
Inventories (348) (376)
Other assets (68) (63)
Restructuring reserves 14 19
Accounts payable and accrued liabilities (338) 333
Accrued income taxes 39 83
Cash provided (used) by operating activities from continuing operations (296) 392
Investing Activities of Continuing Operations    
Capital expenditures (134) (135)
Sale of property, plant and equipment 27 7
Acquisition of businesses, net of cash acquired (79) (108)
Business divestitures, net of cash divested 0 16
Changes in long-term investments (3) 2
Cash used by investing activities from continuing operations (189) (218)
Financing Activities of Continuing Operations    
Increase in short-term debt - net 267 394
Increase in long-term debt 154 0
Stock repurchases and retirements (154) (526)
Payment of cash dividends (241) (191)
Employee equity-based compensation withholding taxes (30) (47)
Other - net 13 13
Cash provided (used) by financing activities from continuing operations 9 (357)
Discontinued Operations    
Cash used by operating activities 0 (4)
Cash used by discontinued operations 0 (4)
Effect of exchange rate changes on cash, cash equivalents and restricted cash (14) 67
Decrease in cash, cash equivalents and restricted cash (490) (120)
Cash, cash equivalents and restricted cash at beginning of period 2,066 1,342
Cash, cash equivalents and restricted cash at end of period 1,576 1,222
Less: Restricted cash 67 15
Cash and cash equivalents at end of period $ 1,509 $ 1,207