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Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net sales $ 7,231 $ 7,133 $ 20,024 $ 19,887
Cost of sales 4,743 4,702 13,363 13,124
Gross profit 2,488 2,431 6,661 6,763
Selling, general and administrative expenses 1,090 1,555 4,854 4,705
Restructuring and impairment costs 106 81 399 844
Net financing charges 71 80 263 218
Equity income 58 78 176 190
Income before income taxes 1,279 793 1,321 1,186
Income tax provision (benefit) 227 (329) 99 (266)
Net income 1,052 1,122 1,222 1,452
Less: Income attributable to noncontrolling interests 77 73 150 152
Net income attributable to Johnson Controls $ 975 $ 1,049 $ 1,072 $ 1,300
Earnings per share attributable to Johnson Controls        
Basic (in dollars per share) $ 1.45 $ 1.54 $ 1.58 $ 1.90
Diluted (in dollars per share) $ 1.45 $ 1.53 $ 1.58 $ 1.89
Products and systems        
Net sales $ 5,422 $ 5,431 $ 14,896 $ 15,070
Cost of sales 3,652 3,708 10,273 10,337
Services        
Net sales 1,809 1,702 5,128 4,817
Cost of sales $ 1,091 $ 994 $ 3,090 $ 2,787