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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Mar. 31, 2023
Sep. 30, 2022
Assets    
Cash and cash equivalents $ 1,975 $ 2,031
Accounts receivable, less allowance for expected credit losses of $94 and $62, respectively 6,002 5,528
Inventories 3,048 2,510
Current assets held for sale 446 387
Other current assets 1,285 1,229
Current assets 12,756 11,685
Property, plant and equipment - net 3,094 3,042
Goodwill 17,559 17,328
Other intangible assets - net 4,633 4,641
Investments in partially-owned affiliates 1,065 963
Noncurrent assets held for sale 378 751
Other noncurrent assets 3,935 3,748
Total assets 43,420 42,158
Liabilities and Equity    
Short-term debt 1,737 669
Current portion of long-term debt 922 865
Accounts payable 4,348 4,241
Accrued compensation and benefits 747 978
Deferred revenue 1,939 1,768
Current liabilities held for sale 316 236
Other current liabilities 2,394 2,482
Current liabilities 12,403 11,239
Long-term debt 7,832 7,426
Pension and postretirement benefits 360 358
Noncurrent liabilities held for sale 59 62
Other noncurrent liabilities 5,688 5,671
Long-term liabilities 13,939 13,517
Commitments and contingencies (Note 21)
Ordinary shares, $0.01 par value 7 7
Ordinary A shares, €1.00 par value 0 0
Preferred shares, $0.01 par value 0 0
Ordinary shares held in treasury, at cost (1,235) (1,203)
Capital in excess of par value 17,295 17,224
Retained earnings 669 1,151
Accumulated other comprehensive loss (846) (911)
Shareholders’ equity attributable to Johnson Controls 15,890 16,268
Noncontrolling interests 1,188 1,134
Total equity 17,078 17,402
Total liabilities and equity $ 43,420 $ 42,158