Johnson controls international plc (JCI)
CashFlow / Yearly
Sep'19Sep'18Sep'17Sep'16Sep'15Sep'14Sep'13Sep'12Sep'11Sep'10Sep'09Sep'08Sep'07
Operating Activities of Continuing Operations
Net income (loss) attributable to Johnson Controls

-

-

-

-868

1,563

1,215

536

472

1,719

1,130

-1,798

1,553

-1,742

Income from continuing operations attributable to noncontrolling interests

189

174

157

132

46

38

-3

-1

1

7

4

1

-

Income from discontinued operations attributable to noncontrolling interests

-

-

-

84

70

90

90

884

1,176

835

47

491

782

Net income (loss)

1,289

1,349

829

-652

1,679

1,343

443

-413

544

302

-1,841

1,063

-2,524

Adjustments to reconcile net income from continuing operations to cash provided by operating activities:
Goodwill and intangible asset impairments

-

-

-

-

-

-

-

-

-

-

2,705

10

59

Depreciation and amortization

825

824

919

953

860

955

379

379

383

449

1,126

1,148

1,148

Pension and postretirement benefit income

515

-170

-533

460

396

321

-

-

-

-

-

-

-

Pension and postretirement contributions

53

56

342

137

409

161

-

-

-

-

-

-

-

Equity in earnings of partially-owned affiliates, net of dividends received

34

128

92

250

144

153

-

-

-

-

-

-

-

Non-cash compensation expense

-

-

-

-

-

-

63

113

89

99

103

99

173

Deferred income taxes

612

-739

573

-1,241

327

-329

6

370

-13

123

-90

-99

-16

Non-cash restructuring and impairment charges

235

36

71

221

183

181

-

-

-

-

-

-

-

Gain (Loss) on Disposition of Business

0

114

0

0

1,340

-111

-

-

-

-

-

-

-

Fair value adjustment of equity investment

-

-

-

-

0

38

-

-

-

-

-

-

-

Equity-based compensation

95

106

134

142

90

82

-

-

-

-

-

-

-

Provision for losses on accounts receivable and inventory

-

-

-

-

-

-

68

54

31

62

156

133

94

Loss on extinguishment of debt

-

-

-

-

-

-

0

-453

0

-87

2

-258

259

Non-cash restructuring and asset impairment charges, net

-

-

-

-

-

-

1

25

4

-4

23

34

11

Legacy legal matters

-

-

-

-

-

-

0

0

-

-

-

-

-

Loss on divestitures, net

-

-

-

-

-

-

-20

-14

224

39

-13

-

4

Gain on investments, net

-

-

-

-

-

-

-42

-11

0

9

11

-14

-10

Debt and refinancing cost amortization

-

-

-

-

-

-

-

-

-

18

25

59

7

Other - net

-29

35

12

25

1

2

-63

-31

-44

-22

-52

29

31

Changes in assets and liabilities, excluding acquisitions and divestitures:
Accounts receivable

312

475

225

344

297

18

73

121

52

17

-191

186

136

Contracts in progress

-

-

-

-

-

-

20

39

39

1

-106

26

-44

Inventories

72

103

51

-1

99

311

36

71

39

127

-346

140

163

Other assets

99

171

112

-148

113

192

61

10

-16

-63

-2

-9

154

Restructuring reserves

-121

1

95

141

-6

-31

-

-

-

-

-

-

-

Accounts payable and accrued liabilities

56

340

-130

411

348

440

-11

44

-34

81

-337

-6

65

Deferred revenue

-

-

-

-

-

-

-33

-3

-26

-29

-

-

-

Gross asbestos liabilities

-

-

-

-

-

-

80

-

-

-

-

-

-

Accrued income taxes

-1,222

855

-753

2,080

126

197

-31

-179

20

-268

-138

-83

-250

Asbestos insurance assets

-

-

-

-

-

-

94

-

-

-

-

-

-

Accrued and other liabilities

-

-

-

-

-

-

-141

-81

-221

35

-46

-155

-68

Class action settlement liability

-

-

-

-

-

-

-

-

-

-

-

-3,020

2,992

Other

-

-

-

-

-

-

-8

21

-8

-24

-4

53

28

Cash provided by operating activities from continuing operations

1,743

1,520

371

1,908

1,600

2,395

701

556

491

871

2,387

-912

1,814

Investing Activities of Continuing Operations
Capital expenditures

586

645

760

1,249

1,135

1,199

269

295

273

351

702

722

666

Sale of property, plant and equipment

27

48

29

32

37

79

-

-

-

-

-

-

-

Proceeds from disposal of assets

-

-

-

-

-

-

5

4

5

20

12

25

23

Payments to Acquire Businesses, Net of Cash Acquired

25

21

6

-353

22

1,733

229

217

353

48

48

347

31

Acquisition of dealer generated customer accounts and bulk account purchases

-

-

-

-

-

-

19

23

32

27

543

376

409

Business divestitures, net of cash divested

12

2,202

168

32

1,646

225

17

-5

709

12

2

1

8

Proceeds from equity swap

-14

15

58

-

-

-

-

-

-

-

-

-

-

Class action settlement escrow

-

-

-

-

-

-

-

-

-

-

-

2,960

-2,960

Liquidation of rabbi trust investments

-

-

-

-

-

-

-

-

-

-

-

-

271

Changes in long-term investments

-25

1

21

48

44

-19

-

-

-

-58

-17

-32

-4

Sales and maturities of investments including restricted investments

-

-

-

-

-

-

182

128

183

-

-

-

-

Purchases of investments including restricted investments

-

-

-

-

-

-

227

87

157

-

-

-

-

Sale of equity investment

-

-

-

-

-

-

0

0

-

-

-

-

-

Decrease (increase) in restricted cash

-

-

-

-

-

-

8

2

8

-7

-1

17

-5

Other - net

-

-

-

7

12

-16

-4

-27

37

14

1

1

-15

Cash provided (used) by investing activities from continuing operations

-533

1,568

-648

-887

470

-2,593

-544

-470

37

-343

-1,262

1,555

-3,740

Financing Activities of Continuing Operations
Increase in short-term debt - net

-1,296

96

143

556

-68

73

475

2,008

805

-

26

16

1,517

Increase in long-term debt

0

1,136

1,857

1,501

299

2,001

0

19

497

1,001

3,424

3,864

308

Repayment of short-term debt

-

-

-

-

-

-

505

2,009

1,337

175

552

377

1,151

Repayment of long-term debt

2,333

3,704

1,275

1,299

191

833

0

3,040

1

962

2,890

4,050

6,602

Debt financing costs

0

4

18

45

0

0

-

-

-

-

-

-

-

Repurchase of common shares by subsidiary

-

-

-

-

-

-

-

-

-

-

3

854

727

Stock repurchases and retirements

5,983

300

651

501

1,362

1,249

300

500

1,300

900

-

192

-

Payment of cash dividends

920

954

702

915

657

568

288

461

458

416

388

292

791

Proceeds from the exercise of stock options

171

66

157

70

275

186

153

226

124

49

1

49

406

Employee equity-based compensation withholding taxes

31

42

34

5

-

-

-

-

-

-

-

-

-

Change in noncontrolling interest share

-

-

-

-

-38

-

-

-

-

-

-

-

-

Cash paid to acquire a noncontrolling interest

-

-

-

-

-

5

-

-

-

-

-

-

-

Dividends paid to noncontrolling interests

132

43

57

306

68

55

-

-

-

-

-

-

-

Dividend from Adient spin-off

-

-

-

0

0

-

-

-

-

-

-

-

-

Cash transferred to Adient related to spin-off

-

-

-

0

0

-

-

-

-

-

-

-

-

Cash paid related to prior acquistions

0

0

75

0

0

-

-

-

-

-

-

-

-

Purchase of noncontrolling interest

-

-

-

-

-

-

0

0

-

-

-

-

-

Transfer to discontinued operations

-

-

-

-

-

-

68

3,307

798

326

93

928

8,585

Payment of contingent consideration

-

-

-

-

-

-

0

-

-

-

-

-

-

Other - net

1

0

6

-2

-11

38

-30

-25

6

15

9

-72

12

Cash used by financing activities from continuing operations

-10,519

-3,749

-649

-946

-1,821

-412

-427

-475

-866

-1,062

-280

-980

1,557

Cash Provided (Used) by Operating Activities, Discontinued Operations

-541

996

-271

-

-

-

149

2,030

1,937

1,786

34

22

2,498

Cash Used by Investing Activities, Discontinued Operations

12,611

-372

-599

-

-

-

-111

-1,316

-1,103

-1,444

59

902

-810

Cash Used by Financing Activities, Discontinued Operations

-35

-3

-703

-

-

-

-68

-284

-865

-394

-93

-924

-950

Effect of currency translation on cash

-

-

-

-

-

-

-11

4

-4

-

-10

-38

70

Effect of currency translation on cash related to discontinued operations

-

-

-

-

-

-

-

4

-2

7

-

-

33

Increase (decrease) in cash and cash equivalents

-

-

-

26

189

-621

-311

49

-375

-579

835

-375

472

Net Cash Provided (Used) by Discontinued Operations

12,035

621

-1,573

-

-

-

-30

-434

-33

45

-

-

-771

Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations

-120

-106

54

12

-81

-20

-

-

-

-

-

-

-

Change in cash, cash equivalents and restricted cash held for sale

15

14

2,123

-

-

-

-

-

-

-

-

-

-

Increase (decrease) in Cash, Cash Equivalents and Restricted Cash

2,621

-132

-322

-

-

-

-

-

10

-

-

-

-

Supplementary Cash Flow Information:
Interest paid

-

-

-

-

-

-

99

222

225

265

294

313

317

Income taxes paid, net of refunds

-

-

-

-

-

-

134

129

106

127

281

489

649

Supplementary Non-Cash Financing Activities:
Conversion of debt to common shares

-

-

-

-

-

-

-

-

-

-

-

10

3