JOHNSON CONTROLS INTERNATIONAL PLC JCI Income Statement

Johnson controls international plc (JCI)

Income statement / Quarterly

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	Jun'08
Net sales
5,444	5,576	6,274	6,451	5,779	5,464	6,183	6,282	5,630	5,305	799	7,683	7,267	7,086	6,254	5,154	4,733	4,696	9,703	2,489	2,430	2,478	9,084	2,660	2,480	2,493	2,576	2,537	2,474	2,471	2,217	2,655	2,542	2,478	-2,564	4,292	3,992	4,379	-1,503	4,274	4,094	4,155	4,154	4,152	4,150	4,426	5,215
Cost of sales
3,643	3,773	4,294	4,307	3,935	3,739	4,126	4,194	3,806	3,607	95	5,252	4,986	4,972	4,566	3,732	3,446	3,439	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Gross profit
1,801	1,803	1,980	2,144	1,844	1,725	2,057	2,088	1,824	1,698	704	2,431	2,281	2,114	1,688	1,422	1,287	1,257	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Selling, general and administrative expenses
1,451	1,427	1,960	1,388	1,458	1,438	1,392	1,441	1,490	1,319	818	1,609	1,726	1,570	1,549	895	899	847	1,266	625	648	652	1,117	671	635	571	704	712	766	656	657	829	660	677	-617	1,142	1,085	1,137	-434	1,163	1,094	1,123	1,149	1,110	1,200	1,140	1,234
Restructuring Charges
62	111	0	235	0	0	101	0	0	154	121	49	99	78	201	27	60	0	107	38	12	58	138	17	7	3	29	53	22	7	35	17	16	36	4	35	26	-214	29	43	-28	11	95	31	84	4	47
Net Financing Charges
59	52	48	119	98	85	97	95	107	102	90	124	116	136	87	65	71	66	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Equity income
20	43	55	62	33	42	48	55	27	47	-20	69	53	55	47	45	40	42	-	-	-	-	-96	215	-5	-4	-30	-6	-6	-6	-7	-7	-2	-10	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from continuing operations before income taxes
249	256	27	464	321	244	515	607	254	170	-345	718	393	385	-102	480	297	386	313	237	199	182	202	277	236	322	222	141	53	183	-436	65	169	135	-782	420	377	653	-650	226	361	348	219	269	-2,614	356	245
Merger costs
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	0	-	-	0	1	-	-1	4	0	5	-	6	4	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Class action settlement, net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-7
Goodwill and intangible asset impairments (See Note 10)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	2,705	-	-
Operating (loss) income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	253	221	199	-	297	259	344	243	162	95	212	46	118	228	186	-731	475	437	706	-590	375	425	405	301	334	-2,554	413	577
Interest income
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	4	4	3	-	4	3	3	3	6	3	4	4	5	4	5	1	7	9	9	1	7	8	9	12	9	11	12	16
Interest expense
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	26	25	24	-	24	25	24	25	26	25	24	33	59	59	58	56	59	63	62	58	71	75	75	76	74	78	73	91
Other income (expense), net
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	6	-1	4	-	0	-1	-1	1	-1	-20	-9	-453	1	-4	2	-	-3	-6	-	-3	-85	3	9	-18	0	7	4	-257
Income tax provision
13	65	-627	239	47	108	-117	61	36	217	-248	89	508	-27	-5	78	41	83	-15	49	18	19	-71	55	39	70	52	23	-2	35	266	-6	33	27	-166	58	57	163	-95	-26	53	51	23	24	-60	84	45
Income (Loss) from Continuing Operations, Net of Tax, Including Portion Attributable to Noncontrolling Interest
236	191	654	225	274	136	632	546	218	-47	-97	629	-115	412	-97	402	256	303	328	188	181	163	67	437	192	248	140	112	49	142	-709	64	134	98	-628	362	320	490	-555	252	308	297	196	245	-2,554	272	-
Income from discontinued operations, net of tax (Note 4)
0	0	0	4,051	284	263	193	258	265	318	1,024	0	0	-34	-1,035	57	-725	187	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	277
Net income
236	191	654	4,276	558	399	825	804	483	271	927	629	-115	378	-1,132	459	-469	490	1,197	156	165	161	-588	1,452	207	272	163	135	70	165	-419	245	323	322	387	358	316	659	266	256	312	303	207	288	-2,566	277	-
Income from continuing operations attributable to noncontrolling interests
23	32	42	84	34	29	40	72	34	28	10	74	33	40	16	55	38	23	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations attributable to noncontrolling interests
0	0	0	0	9	15	14	9	11	13	42	0	0	9	23	21	23	17	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Less: noncontrolling interest in subsidiaries net loss
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	0	-2	-1	-	2	0	2	-3	0	-2	2	-	-1	-	-	-	-1	1	-	2	2	2	1	-	1	1	-	-
Net Income (Loss) Attributable to Parent
213	159	612	4,192	515	355	771	723	438	230	875	555	-148	329	-1,171	383	-530	450	1,078	156	167	162	-712	1,450	207	270	166	135	72	163	-419	246	323	322	386	359	315	659	264	254	310	302	205	287	-2,567	277	476
Amounts attributable to Johnson Controls ordinary shareholders
Minority interest
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	1
Income from continuing operations
213	159	612	141	240	107	592	474	184	-75	-107	555	-148	372	-113	347	218	280	279	188	183	164	33	435	192	246	143	112	51	140	-709	65	134	98	-629	363	319	490	-557	250	306	296	194	244	-2,555	272	199
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent
0	0	0	4,051	275	248	179	249	254	305	982	0	0	-43	-1,058	36	-748	170	799	-32	-16	-2	-1,363	1,015	15	24	23	23	21	23	290	181	189	224	1,015	-4	-4	169	821	4	4	6	11	43	-12	5	-
Earnings Per Share [Abstract]
Basic earnings per share attributable to Tyco ordinary shareholders:
Basic earnings per share from continuing operations
0.28	0.21	0.71	0.16	0.27	0.12	0.64	0.51	0.20	-0.08	-0.11	0.59	-0.16	0.40	-0.21	0.54	0.34	0.43	-0.04	0.45	0.44	0.39	-0.53	0.95	0.41	0.53	0.31	0.24	0.11	0.30	-1.53	0.14	0.29	0.21	-1.31	0.78	0.68	1.00	-1.16	0.51	0.64	0.62	0.41	0.52	-5.40	0.57	0.41
Basic earnings per share from discontinued operations
0.00	0.00	0.04	4.65	0.30	0.27	0.20	0.27	0.27	0.33	1.05	0.00	0.00	-0.05	-1.57	0.06	-1.15	0.26	1.26	-0.08	-0.04	0.00	-1.85	2.22	0.04	0.05	0.04	0.05	0.05	0.05	0.63	0.39	0.41	0.48	2.15	-0.01	-0.01	0.35	1.68	0.01	0.01	0.02	0.01	0.09	-0.02	0.02	0.58
Basic earnings per share
0.28	0.21	0.75	4.81	0.57	0.39	0.84	0.78	0.47	0.25	0.94	0.59	-0.16	0.35	-1.76	0.59	-0.82	0.69	1.23	0.37	0.40	0.39	-2.38	3.17	0.45	0.58	0.35	0.29	0.16	0.35	-0.90	0.53	0.70	0.69	0.84	0.77	0.67	1.35	0.52	0.52	0.65	0.64	0.42	0.61	-5.42	0.59	0.99
Diluted earnings per share attributable to Tyco ordinary shareholders:
Diluted earnings per share from continuing operations
0.28	0.21	0.72	0.16	0.26	0.12	0.63	0.51	0.20	-0.08	-0.11	0.59	-0.16	0.39	-0.20	0.53	0.33	0.43	-0.02	0.44	0.43	0.38	-0.52	0.93	0.41	0.52	0.29	0.24	0.11	0.30	-1.53	0.14	0.29	0.21	-1.30	0.76	0.67	1.00	-1.16	0.50	0.64	0.62	0.42	0.51	-5.40	0.57	0.41
Diluted earnings per share from discontinued operations
0.00	0.00	0.03	4.63	0.30	0.27	0.19	0.27	0.27	0.33	1.04	0.00	0.00	-0.05	-1.55	0.06	-1.15	0.26	1.24	-0.07	-0.04	0.00	-1.80	2.18	0.03	0.05	0.07	0.04	0.05	0.04	0.65	0.38	0.40	0.48	2.13	0.00	-0.01	0.34	1.68	0.01	0.01	0.01	0.02	0.09	-0.02	0.01	0.57
Diluted earnings per share
0.28	0.21	0.75	4.79	0.57	0.38	0.82	0.78	0.47	0.25	0.93	0.59	-0.16	0.35	-1.76	0.59	-0.81	0.69	1.22	0.37	0.39	0.38	-2.32	3.11	0.44	0.57	0.36	0.28	0.16	0.34	-0.88	0.52	0.69	0.69	0.83	0.76	0.66	1.34	0.52	0.51	0.65	0.63	0.44	0.60	-5.42	0.58	0.98
Weighted average number of shares outstanding:
Basic (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	421	420	420	-	458	461	464	465	463	466	466	462	463	463	464	468	468	472	488	496	492	476	476	473	473	473	473	482
Diluted (in shares)
-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	427	427	427	-	466	469	471	470	471	474	473	444	470	469	469	472	475	477	492	499	496	478	479	469	475	473	475	486
Products and Systems [Member]
Net sales
3,922	4,036	4,653	4,896	4,240	3,922	4,638	4,727	4,151	3,816	-764	6,172	5,769	5,585	6,205	4,196	3,863	3,820	10,276	1,511	1,458	1,488	8,394	1,620	1,464	1,468	1,512	1,484	1,424	1,430	1,475	1,512	1,407	1,369	-1,016	2,335	2,118	2,508	-757	2,532	2,395	2,439	2,394	2,454	2,518	2,768	3,413
Cost of sales
2,741	2,866	3,344	3,380	3,029	2,824	3,233	3,324	2,968	2,790	-815	4,357	4,087	4,063	4,564	3,068	2,851	2,840	7,908	1,025	999	1,022	6,765	1,104	1,003	999	1,010	1,000	983	992	1,145	1,024	967	769	-719	1,629	1,468	1,774	-826	1,781	1,696	1,741	1,689	1,785	1,861	1,979	2,378
Services [Member]
Net sales
1,522	1,540	1,621	1,555	1,539	1,542	1,545	1,555	1,479	1,489	1,563	1,511	1,498	1,501	49	958	870	876	-573	978	972	990	690	1,040	1,016	1,025	1,064	1,053	1,050	1,041	742	1,143	1,135	1,109	-1,548	1,957	1,874	1,871	-746	1,742	1,699	1,716	1,760	1,698	1,632	1,658	1,802
Cost of sales
902	907	950	927	906	915	893	870	838	817	910	895	899	909	2	664	595	599	-30	548	550	547	812	571	575	576	591	606	608	599	273	661	667	810	-501	1,011	976	976	318	912	907	875	920	892	854	890	986