Johnson Controls International plc (JCI) financial statements (2023 and earlier)
Company profile
| Business Address |
ONE ALBERT QUAY CORK, 00000 |
| State of Incorp. | |
| Fiscal Year End | September 30 |
| SIC | 3585 - Air-Conditioning and Warm Air Heating Equipment and Commercial and Industrial Refrigeration Equipment (benchmarking) |
| More info | Complete financial analysis Financial benchmarking |
Balance sheet (Statement of financial position) ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | |||
|---|---|---|---|---|---|---|---|---|---|
| ASSETS | |||||||||
| Current Assets | |||||||||
| Cash, cash equivalents, and short-term investments | 1,207 | 1,336 | 1,951 | 2,805 | 200 | 321 | 684 | ||
| Cash and cash equivalents | 1,207 | 1,336 | 1,951 | 2,805 | 200 | 321 | 684 | ||
| Restricted cash and investments | 79 | ||||||||
| Receivables | 5,671 | 5,613 | 5,294 | 5,770 | 7,065 | 6,666 | 8,257 | ||
| Inventory, net of allowances, customer advances and progress billings | 2,425 | 2,057 | 1,773 | 1,814 | 3,224 | 3,209 | 3,560 | ||
| Inventory | 2,425 | 2,057 | 1,773 | 1,814 | 3,224 | 3,209 | 3,560 | ||
| Disposal group, including discontinued operation | 98 | 189 | 174 | ||||||
| Other current assets | 1,050 | 992 | 1,035 | 1,906 | 1,334 | 1,907 | 2,639 | ||
| Other undisclosed current assets | 1,716 | ||||||||
| Total current assets: | 10,353 | 9,998 | 10,053 | 12,393 | 11,823 | 12,292 | 17,109 | ||
| Noncurrent Assets | |||||||||
| Property, plant and equipment | 3,213 | 3,228 | 3,059 | 3,348 | 6,171 | 6,121 | 7,872 | ||
| Long-term investments and receivables | 1,102 | 1,066 | 914 | 853 | 1,301 | 1,191 | 2,735 | ||
| Long-term investments | 1,102 | 1,066 | 914 | 853 | 1,301 | 1,191 | 2,735 | ||
| Intangible assets, net (including goodwill) | 23,891 | 23,884 | 23,288 | 23,810 | 25,821 | 26,429 | 31,062 | ||
| Goodwill | 18,386 | 18,335 | 17,932 | 18,178 | 19,473 | 19,688 | 23,409 | ||
| Intangible assets, net (excluding goodwill) | 5,505 | 5,549 | 5,356 | 5,632 | 6,348 | 6,741 | 7,653 | ||
| Disposal group, including discontinued operation, noncurrent assets | 159 | 156 | 147 | 60 | 1,920 | ||||
| Other noncurrent assets | 3,504 | 3,558 | 3,354 | 1,823 | 3,681 | 3,931 | 4,475 | ||
| Total noncurrent assets: | 31,869 | 31,892 | 30,762 | 29,894 | 36,974 | 39,592 | 46,144 | ||
| TOTAL ASSETS: | 42,222 | 41,890 | 40,815 | 42,287 | 48,797 | 51,884 | 63,253 | ||
| LIABILITIES AND EQUITY | |||||||||
| Liabilities | |||||||||
| Current Liabilities | |||||||||
| Accounts payable and accrued liabilities | 5,009 | 4,754 | 3,958 | 4,535 | 5,790 | 5,342 | 8,527 | ||
| Accounts payable | 4,083 | 3,746 | 3,120 | 3,582 | 4,644 | 4,271 | 6,764 | ||
| Employee-related liabilities | 926 | 1,008 | 838 | 953 | 1,146 | 1,071 | 1,763 | ||
| Deferred revenue | 1,845 | 1,637 | 1,435 | ✕ | ✕ | ✕ | |||
| Debt | 612 | 234 | 293 | 511 | 1,341 | 1,608 | 1,747 | ||
| Deferred revenue and credits | ✕ | ✕ | ✕ | ✕ | 1,326 | 1,279 | |||
| Contract with customer, liability | ✕ | ✕ | ✕ | 1,407 | ✕ | ✕ | |||
| Other liabilities | 2,521 | 2,473 | 2,562 | 2,573 | 2,793 | 3,553 | 5,991 | ||
| Other undisclosed current liabilities | 44 | 72 | 28 | ||||||
| Total current liabilities: | 9,987 | 9,098 | 8,248 | 9,070 | 11,250 | 11,854 | 16,293 | ||
| Noncurrent Liabilities | |||||||||
| Long-term debt and lease obligation, including: | 7,437 | 7,506 | 7,526 | 6,708 | 9,654 | 11,964 | 14,606 | ||
| Other undisclosed long-term debt and lease obligation | 7,437 | 7,506 | 7,526 | 6,708 | 9,654 | 11,964 | 14,606 | ||
| Liabilities, other than long-term debt | 6,308 | 6,533 | 6,508 | 5,680 | 5,435 | 6,488 | 7,030 | ||
| Liability, pension and other postretirement and postemployment benefits | 499 | 628 | 1,140 | 1,044 | 717 | 947 | 1,738 | ||
| Disposal group, including discontinued operation, liabilities | 173 | ||||||||
| Other liabilities | 5,809 | 5,905 | 5,368 | 4,636 | 4,718 | 5,368 | 5,292 | ||
| Total noncurrent liabilities: | 13,745 | 14,039 | 14,034 | 12,388 | 15,089 | 18,452 | 21,636 | ||
| Total liabilities: | 23,732 | 23,137 | 22,282 | 21,458 | 26,339 | 30,306 | 37,929 | ||
| Temporary equity, carrying amount | 211 | 234 | |||||||
| Stockholders' equity | |||||||||
| Stockholders' equity attributable to parent | 17,249 | 17,562 | 17,447 | 19,766 | 21,164 | 20,447 | 24,118 | ||
| Common stock | 7 | 7 | 8 | 8 | 10 | 9 | 9 | ||
| Treasury stock, value | (1,199) | (1,152) | (1,119) | (1,086) | (1,053) | (710) | (20) | ||
| Additional paid in capital | 17,150 | 17,116 | 16,865 | 16,812 | 16,549 | 16,390 | 16,105 | ||
| Accumulated other comprehensive loss | (347) | (434) | (776) | (795) | (946) | (473) | (1,153) | ||
| Retained earnings | 1,638 | 2,025 | 2,469 | 4,827 | 6,604 | 5,231 | 9,177 | ||
| Stockholders' equity attributable to noncontrolling interest | 1,241 | 1,191 | 1,086 | 1,063 | 1,294 | 920 | 972 | ||
| Total stockholders' equity: | 18,490 | 18,753 | 18,533 | 20,829 | 22,458 | 21,367 | 25,090 | ||
| TOTAL LIABILITIES AND EQUITY: | 42,222 | 41,890 | 40,815 | 42,287 | 48,797 | 51,884 | 63,253 | ||
Income statement (P&L) ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Revenues | 24,189 | 23,668 | 22,317 | 23,968 | 31,400 | 30,172 | 37,674 | |
| Revenue, net | ✕ | ✕ | ✕ | ✕ | 31,400 | 30,172 | 37,674 | |
| Cost of revenue (Cost of Goods and Services Sold) | (15,967) | (15,609) | (14,906) | (16,275) | (22,020) | (20,833) | (30,360) | |
| Gross profit: | 8,222 | 8,059 | 7,411 | 7,693 | 9,380 | 9,339 | 7,314 | |
| Operating expenses | (6,073) | (5,935) | (6,834) | (6,856) | (6,657) | (7,014) | (5,945) | |
| Operating income: | 2,149 | 2,124 | 577 | 837 | 2,723 | 2,325 | 1,369 | |
| Interest and debt expense | (215) | (219) | (240) | (395) | (437) | (466) | (309) | |
| Income from continuing operations before equity method investments, income taxes: | 1,934 | 1,905 | 337 | 442 | 2,286 | 1,859 | 1,060 | |
| Income from equity method investments | 273 | 261 | 171 | 192 | 235 | 240 | 531 | |
| Other undisclosed income (loss) from continuing operations before income taxes | 464 | 448 | 395 | 422 | 380 | 459 | (5) | |
| Income from continuing operations before income taxes: | 2,671 | 2,614 | 903 | 1,056 | 2,901 | 2,558 | 1,586 | |
| Income tax expense (benefit) | (878) | (868) | (108) | 233 | (518) | (705) | (2,238) | |
| Income (loss) from continuing operations: | 1,793 | 1,746 | 795 | 1,289 | 2,383 | 1,853 | (652) | |
| Income (loss) from discontinued operations | 124 | 4,598 | (34) | |||||
| Net income (loss): | 1,793 | 1,870 | 795 | 5,887 | 2,383 | 1,819 | (652) | |
| Net loss attributable to noncontrolling interest | (38) | |||||||
| Other undisclosed net loss attributable to parent | (188) | (233) | (164) | (213) | (221) | (208) | (216) | |
| Net income (loss) available to common stockholders, diluted: | 1,567 | 1,637 | 631 | 5,674 | 2,162 | 1,611 | (868) | |
Comprehensive Income ($ in millions)
| 12/31/2021 TTM | 9/30/2021 | 9/30/2020 | 9/30/2019 | 9/30/2018 | 9/30/2017 | 9/30/2016 | ||
|---|---|---|---|---|---|---|---|---|
| Net income (loss): | 1,793 | 1,870 | 795 | 5,887 | 2,383 | 1,819 | (652) | |
| Other comprehensive income (loss) | 146 | 362 | 41 | (342) | (508) | 94 | (87) | |
| Comprehensive income (loss): | 1,939 | 2,232 | 836 | 5,545 | 1,875 | 1,913 | (739) | |
| Comprehensive loss, net of tax, attributable to noncontrolling interest | (215) | (253) | (186) | (195) | (186) | (203) | (225) | |
| Comprehensive income (loss), net of tax, attributable to parent: | 1,724 | 1,979 | 650 | 5,350 | 1,689 | 1,710 | (964) | |
Statements sources
The financial statements are based on the company's filings with the The U.S. Securities and Exchange Commission (SEC) through the Electronic Data Gathering, Analysis, and Retrieval system (EDGAR). The information is derived from the 10-K and 10-Q reports submitted to the SEC in XBRL (eXtensible Business Reporting Language) format and presented according to the US GAAP Taxonomy. Please review the original filings for a more detailed information.