JOHNSON CONTROLS INTERNATIONAL PLC JCI Cash Flow

Johnson controls international plc (JCI)

CashFlow / TTM

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11	Dec'10	Sep'10	Jun'10	Mar'10	Dec'09	Sep'09	Jun'09	Mar'09	Dec'08
Operating Activities of Continuing Operations
Net income (loss) attributable to Johnson Controls
-	-	-	-	-	-	-	-	-	-	-	-435	-607	-989	-868	1,381	1,154	1,851	1,563	-227	1,067	1,107	1,215	2,093	778	643	536	-49	62	313	472	1,277	1,390	1,382	1,719	1,597	1,492	1,487	1,130	1,071	1,104	-1,773	-1,798	0	0	0
Income from continuing operations attributable to noncontrolling interests
181	192	189	187	175	175	174	144	146	145	157	163	144	149	132	165	110	70	46	31	33	35	38	1	-1	-3	-3	0	0	0	-	-	-	-	-	-	-	-	7	0	0	0	-	-	-	-
Income from discontinued operations attributable to noncontrolling interests
0	0	-	0	0	0	-	0	0	13	-	32	53	76	84	181	128	89	70	-1,015	32	64	90	1,083	86	91	90	352	515	683	884	1,609	1,424	1,231	1,176	982	990	998	835	18	64	48	47	0	0	0
Net income (loss)
1,125	0	1,100	946	1,413	0	1,175	497	518	0	672	-240	-410	-764	-652	1,627	1,356	2,006	1,679	999	1,248	1,258	1,343	1,011	691	549	443	-401	-454	-369	-413	-332	-34	152	544	617	507	495	302	1,060	1,046	-1,816	-1,841	0	0	0
Adjustments to reconcile net income from continuing operations to cash provided by operating activities:
Depreciation and amortization
817	821	825	800	824	825	824	649	703	783	919	1,192	1,146	1,073	953	1,283	1,134	996	860	944	946	951	955	363	370	379	379	350	362	372	379	-280	-56	161	383	556	529	487	449	1,160	1,132	1,136	1,126	0	0	0
Pension and postretirement benefit income
492	504	515	-147	-155	-163	-170	-457	-403	-414	-533	323	292	322	460	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Pension and postretirement contributions
43	44	53	54	57	54	56	120	120	118	342	318	342	365	137	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity in earnings of partially-owned affiliates, net of dividends received
-22	-10	34	38	136	131	128	10	35	61	92	214	159	204	250	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Non-cash compensation expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	64	63	64	63	95	102	106	113	68	72	79	89	93	96	99	99	119	113	105	103	0	0	0
Deferred income taxes
48	566	612	-279	-157	-616	-739	-561	-565	-87	573	-521	-513	-647	-1,241	664	687	319	327	-415	-414	-386	-329	143	107	47	6	378	338	378	370	-192	-148	-137	-13	369	281	248	123	-14	56	-72	-90	0	0	0
Non-cash restructuring and impairment charges
351	289	235	243	8	8	36	29	60	83	71	211	231	237	221	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gain (Loss) on Disposition of Business
-	-	-	-	-	-	114	114	114	114	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity-based compensation
91	100	95	95	98	97	106	97	103	124	134	180	172	151	142	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Provision for losses on accounts receivable and inventory
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	48	55	61	68	68	66	60	54	8	7	10	31	30	46	60	62	136	151	156	156	0	0	0
Loss on extinguishment of debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Legacy legal matters
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	92	92	92	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Loss on divestitures, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	224	223	227	283	39	0	0	0	-	-	-	-
Gain on investments, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
-56	-12	-29	-13	32	25	35	21	25	12	12	18	29	26	25	13	3	1	1	12	12	8	2	-17	-47	-73	-63	-10	-1	12	-31	-75	-71	-68	-44	-177	-80	-43	-22	-7	-65	-65	-52	0	0	0
Changes in assets and liabilities, excluding acquisitions and divestitures:
Accounts receivable
-71	221	312	515	507	319	475	360	311	272	225	550	440	506	344	306	244	91	297	81	32	50	18	82	43	43	73	87	127	169	121	-65	-3	20	52	0	0	0	-	-	-94	-271	-191	0	0	0
Contracts in progress
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	57	12	5	20	-2	36	27	39	46	2	24	39	0	0	0	-	-	-	-	-	-	-	-
Inventories
12	-36	72	181	215	129	103	-323	-110	105	51	351	201	71	-1	260	203	126	99	369	351	324	311	-21	27	38	36	68	46	66	71	-82	-68	-32	39	195	226	193	127	-44	-259	-459	-346	0	0	0
Other assets
220	128	99	-12	26	97	171	99	136	162	112	63	136	-169	-148	105	-87	196	113	208	218	163	192	173	135	150	61	-200	-47	-77	10	103	-6	12	-16	0	0	0	-	-	-	-	-2	0	0	0
Restructuring reserves
-100	-63	-121	-28	-52	-120	1	18	42	171	95	95	121	235	141	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accounts payable and accrued liabilities
-532	-216	56	36	376	373	340	728	416	407	-130	-136	123	9	411	383	124	-5	348	346	401	440	440	49	28	-6	-11	-23	-15	32	44	42	37	11	-34	-5	30	77	81	82	-9	-237	-337	0	0	0
Deferred revenue
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-44	-27	-26	-33	-27	-22	-22	-3	-42	-69	-64	-26	0	0	0	-	-	-	-	-	-	-	-
Gross asbestos liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued income taxes
-41	-677	-1,222	310	-74	393	855	1,615	1,568	1,496	-753	301	-91	423	2,080	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-165	-138	0	0	0
Asbestos insurance assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Accrued and other liabilities
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-271	-166	-14	-141	-263	-46	-154	-81	-98	-169	-110	-221	-131	-48	-21	35	-40	-435	40	-46	0	0	0
Income taxes, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-54	-22	-5	-8	130	1	-53	21	-61	37	23	-8	-119	-39	-28	-24	199	92	27	-4	0	0	0
Cash provided by operating activities from continuing operations
2,306	2,333	1,743	1,534	1,483	1,574	1,520	2,371	2,030	2,123	371	-91	-232	36	1,908	1,785	1,959	1,492	1,600	2,388	2,291	2,390	2,395	859	921	850	701	440	496	583	556	-653	-215	169	491	824	776	742	871	2,631	2,612	2,706	2,387	0	0	0
Investing Activities of Continuing Operations
Capital expenditures
558	559	586	565	643	684	645	245	406	503	760	1,423	1,340	1,338	1,249	1,774	1,555	1,351	1,135	1,172	1,187	1,202	1,199	274	264	268	269	204	250	269	295	21	97	184	273	387	380	366	351	720	703	707	702	0	0	0
Sale of property, plant and equipment
42	26	27	40	43	45	48	29	21	32	29	27	36	25	32	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Proceeds from disposal of assets
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-	8	7	6	5	4	6	6	4	2	2	3	5	1	6	7	20	33	27	26	12	0	0	0
Payments to Acquire Businesses, Net of Cash Acquired
70	60	25	13	19	34	21	24	15	3	6	-480	-480	-483	-353	-370	-370	3	22	2,195	2,204	1,831	1,733	217	245	260	229	75	50	145	217	342	549	439	353	-324	-95	-86	48	601	153	146	48	0	0	0
Acquisition of dealer generated customer accounts and bulk account purchases
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	25	25	25	19	19	20	22	23	-401	-234	-95	32	78	40	10	27	582	578	576	543	0	0	0
Business divestitures, net of cash divested
-2	-2	4	-2,089	-2,108	-2,005	0	1,921	1,934	1,964	0	158	172	61	32	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	709	697	690	707	12	0	0	0	-	-	-	-
Proceeds from equity swap
-7	-7	-14	-14	-7	-7	15	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Changes in long-term investments
-11	-10	-25	-15	-16	-21	1	-9	-6	22	21	81	78	54	48	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Sales and maturities of investments including restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	362	284	283	182	116	84	107	128	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Purchases of investments including restricted investments
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	377	148	168	227	199	163	155	87	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Decrease (increase) in restricted cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	7	14	9	7	12	-19	-18	-13	-16	1	-10	2	-4	-17	-3	-16	-27	15	42	15	37	36	2	27	14	16	-16	9	1	0	0	0
Cash provided (used) by investing activities from continuing operations
-562	-570	-533	-396	-502	-448	1,568	1,785	1,635	1,563	-648	-848	-742	-834	-887	351	556	79	470	-3,262	-3,204	-2,548	-2,593	-264	-366	-421	-544	-367	-397	-469	-470	86	-391	-514	37	586	434	462	-343	-1,851	-1,351	-1,377	-1,262	0	0	0
Financing Activities of Continuing Operations
Increase in short-term debt - net
-2,517	-2,300	-1,296	-1,537	1,755	818	96	-397	-15	-877	143	-642	-529	1,347	556	1,759	1,072	453	-68	-499	-642	-237	73	925	1,090	785	475	1,164	1,228	1,597	2,008	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Increase in long-term debt
-	-	-	-	-	-	1,136	1,190	1,191	2,735	1,857	3,054	3,053	1,508	1,501	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1,001	1,631	1,757	3,135	3,424	0	0	0
Repayment of short-term debt
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	945	1,119	655	505	1,175	1,230	1,633	2,009	1,909	1,685	1,697	1,337	560	464	-51	175	268	244	458	552	0	0	0
Repayment of long-term debt
-	-	-	-	-	-	3,704	3,046	2,771	2,745	1,275	1,447	1,316	2,055	1,299	1,015	1,005	198	191	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	1	3	955	955	962	1,593	1,265	2,553	2,890	0	0	0
Debt financing costs
4	4	0	0	0	0	4	4	5	16	18	63	62	51	45	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Repurchase of common shares by subsidiary
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	3	0	0	0
Stock repurchases and retirements
6,450	6,167	5,983	5,167	1,101	617	300	480	731	801	651	0	0	0	-	-	-	-	1,362	860	1,416	1,416	1,249	806	350	500	300	300	400	350	500	500	600	1,000	1,300	0	0	0	-	-	-	-	-	-	-	-
Payment of cash dividends
843	883	920	952	960	962	954	947	940	934	702	840	794	747	915	964	862	750	657	574	571	569	568	305	296	292	288	329	370	415	461	462	465	461	458	447	426	422	416	412	413	400	388	0	0	0
Proceeds from the exercise of stock options
159	179	171	138	81	63	66	66	105	144	157	166	138	83	70	239	238	258	275	177	181	179	186	107	121	147	153	211	232	243	226	152	148	131	124	128	104	65	49	0	0	0	-	-	-	-
Employee equity-based compensation withholding taxes
40	30	31	30	29	39	42	38	37	33	34	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividends paid to noncontrolling interests
5	94	132	132	132	86	43	22	22	26	57	144	157	183	306	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Dividend from Adient spin-off
-	-	-	-	-	-	-	-	-	-	-	2,050	2,050	2,050	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash transferred to Adient related to spin-off
-	-	-	-	-	-	-	-	-	-	-	665	665	564	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Cash paid related to prior acquistions
-	-	-	-	-	-	-	-	-	-	75	75	37	45	0	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Transfer to discontinued operations
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	1,894	111	108	68	2,950	3,090	3,179	3,307	969	741	625	798	0	0	0	-	-	-	93	93	0	0	0
Payment of contingent consideration
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Other - net
0	0	-	-	0	0	-	-	-	-	-	-	-	-	-2	16	11	10	-11	27	29	32	38	-5	-23	-23	-30	-38	-23	-22	-25	-25	-23	-21	6	13	3	11	15	19	36	19	9	0	0	0
Cash used by financing activities from continuing operations
-12,516	-11,625	-10,519	-10,724	-1,525	-2,043	-3,749	-5,071	-4,656	-4,063	-649	911	1,032	804	-946	-1,679	-2,052	-1,096	-1,821	-1,436	-89	-784	-412	865	-466	-430	-427	-538	-494	-422	-475	95	-198	-710	-866	-1,589	-2,061	-1,569	-1,062	-763	-20	-131	-280	0	0	0
Cash Provided (Used) by Operating Activities, Discontinued Operations
-1,251	-928	-541	546	1,101	1,183	996	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	134	163	158	149	793	1,245	1,630	2,030	3,299	2,793	2,361	1,937	1,766	1,775	1,772	1,786	0	0	0	-	-	-	-
Cash Used by Investing Activities, Discontinued Operations
12,764	12,677	12,611	12,520	-297	-317	-372	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	1,760	-114	-113	-111	-505	-804	-1,064	-1,316	-2,255	-1,928	-1,647	-1,103	-1,178	-1,182	-1,178	-1,444	17	24	55	59	0	0	0
Cash Used by Financing Activities, Discontinued Operations
-7	-24	-35	-35	-40	-24	-3	0	0	0	-	-	-	-	-	-	-	-	-	0	0	0	-	-1,894	-111	-108	-68	76	-65	-156	-284	-1,039	-810	-692	-865	0	0	0	-	-	-	-93	-93	0	0	0
Effect of currency translation on cash
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	0	-	-3	-24	-21	-11	-2	-9	10	4	-41	-8	-14	-4	0	0	0	-	27	73	82	-10	0	0	0
Increase (decrease) in cash and cash equivalents
-	-	-	-	-	-	-	-	-	-	-	111	120	21	26	344	388	411	189	-2,331	-1,013	-956	-621	1,457	3	-85	-311	-98	-29	116	49	-511	-754	-1,049	-375	-184	-883	-401	-579	44	1,314	1,280	835	0	0	0
Net Cash Provided (Used) by Discontinued Operations
11,506	11,725	12,035	13,031	764	842	621	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-63	-30	-499	-493	-454	-434	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-
Effect of Exchange Rate on Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations
-18	-20	-120	-46	-205	-166	-106	-42	140	126	54	19	-4	-43	12	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Change in cash, cash equivalents and restricted cash held for sale
45	17	15	16	-21	2	14	2,031	2,023	2,028	2,123	0	0	0	-	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Increase (decrease) in Cash, Cash Equivalents and Restricted Cash
761	1,860	2,621	3,415	-6	-239	-132	0	0	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	10	0	0	0	-	-	-	-	-	-	-	-