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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Net sales $ 6,094 $ 6,068
Cost of sales 4,102 3,977
Gross profit 1,992 2,091
Selling, general and administrative expenses 1,513 1,571
Restructuring and impairment costs 39 345
Net financing charges 99 67
Equity income 62 62
Income before income taxes 403 170
Income tax (benefit) provision (1) 14
Net income 404 156
Less: Income attributable to noncontrolling interests 30 38
Net income attributable to Johnson Controls $ 374 $ 118
Earnings per share attributable to Johnson Controls    
Basic (in dollars per share) $ 0.55 $ 0.17
Diluted (in dollars per share) $ 0.55 $ 0.17
Products and systems    
Net sales $ 4,489 $ 4,556
Cost of sales 3,162 3,113
Services    
Net sales 1,605 1,512
Cost of sales $ 940 $ 864