XML 81 R6.htm IDEA: XBRL DOCUMENT v2.4.0.8
Consolidated Statements of Cash Flows (USD $)
In Millions, unless otherwise specified
12 Months Ended
Sep. 30, 2014
Sep. 30, 2013
Sep. 30, 2012
Operating Activities      
Net income attributable to Johnson Controls, Inc. $ 1,215 $ 1,178 $ 1,184
Income attributable to noncontrolling interests 120 114 126
Net income 1,335 1,292 1,310
Adjustments to reconcile net income to cash provided by operating activities:      
Depreciation and amortization 955 952 824
Pension and postretirement benefit expense (income) 321 (475) 479
Pension and postretirement contributions (161) (97) (414)
Equity in earnings of partially-owned affiliates, net of dividends received (153) (86) (138)
Deferred Income Taxes and Tax Credits (329) 273 (234)
Non-cash restructuring and impairment charges 181 586 53
Loss (gain) on business divestitures - net 111 (483) (40)
Fair value adjustment of equity investment (38) (106) (12)
Equity-based compensation 82 64 56
Other (2) (21) (11)
Changes in assets and liabilities, excluding acquisitions and divestitures:      
Receivables (18) (182) (114)
Inventories (311) (97) 109
Other assets (192) (181) (367)
Restructuring reserves (31) 234 196
Accounts payable and accrued liabilities 448 691 (63)
Accrued income taxes 197 322 (75)
Cash provided by operating activities 2,395 2,686 1,559
Investing Activities      
Capital expenditures (1,199) (1,377) (1,831)
Sale of property, plant and equipment 79 116 58
Acquisition of businesses, net of cash acquired (1,733) (123) (30)
Business divestitures 225 761 105
Payments for (Proceeds from) Investments (19) 10 100
Other 16 53 6
Cash used by investing activities (2,593) (580) (1,792)
Financing Activities      
Increase (decrease) in short-term debt - net 73 (197) (302)
Increase in long-term debt 2,001 114 1,260
Repayment of long-term debt (833) (490) (36)
Stock repurchases (1,249) (350) (102)
Payment of cash dividends (568) (513) (477)
Proceeds from the exercise of stock options 186 254 40
Cash paid to acquire a noncontrolling interest (5) (64) (115)
Other (17) 32 (61)
Cash provided (used) by financing activities (412) (1,214) 207
Effect of exchange rate changes on cash and cash equivalents (20) (98) 34
Cash held for sale (16) (4) 0
Increase (decrease) in cash and cash equivalents (646) 790 8
Cash and cash equivalents at beginning of period 1,055 265 257
Cash and cash equivalents at end of period $ 409 $ 1,055 $ 265