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Consolidated Statements of Financial Position - USD ($)
$ in Millions
Sep. 30, 2023
Sep. 30, 2022
Assets    
Cash and cash equivalents $ 835 $ 2,031
Accounts receivable, less allowance for expected credit losses of $90 and $66, respectively 6,006 5,727
Inventories 2,776 2,665
Other current assets 1,120 1,262
Current assets 10,737 11,685
Property, plant and equipment - net 3,136 3,131
Goodwill 17,936 17,350
Other intangible assets - net 4,888 5,155
Investments in partially-owned affiliates 1,056 963
Other noncurrent assets 4,489 3,874
Total assets 42,242 42,158
Liabilities and Equity    
Short-term debt 385 669
Current portion of long-term debt 645 865
Accounts payable 4,268 4,368
Accrued compensation and benefits 958 1,003
Deferred revenue 1,996 1,804
Other current liabilities 2,832 2,530
Current liabilities 11,084 11,239
Long-term debt 7,818 7,426
Pension and postretirement benefit obligations 278 358
Other noncurrent liabilities 5,368 5,733
Noncurrent liabilities 13,464 13,517
Commitments and contingencies (Note 21)
Ordinary shares (par value $0.01; 2.0 billion shares authorized; shares issued: 2023 - 709,968,796; 2022 - 717,726,243) 7 7
Ordinary A shares (par value €1.00; 40,000 shares authorized, none outstanding as of September 30, 2023 and 2022) 0 0
Preferred shares (par value $0.01; 200,000,000 shares authorized, none outstanding as of September 30, 2023 and 2022) 0 0
Ordinary shares held in treasury, at cost (shares held: 2023 - 29,596,724; 2022 - 29,029,475) (1,240) (1,203)
Capital in excess of par value 17,349 17,224
Retained earnings 1,384 1,151
Accumulated other comprehensive loss (955) (911)
Shareholders’ equity attributable to Johnson Controls 16,545 16,268
Noncontrolling interests 1,149 1,134
Total equity 17,694 17,402
Total liabilities and equity $ 42,242 $ 42,158