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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2016
Mar. 31, 2015
Mar. 31, 2016
Mar. 31, 2015
Operating Activities        
Net income (loss) attributable to Johnson Controls, Inc. $ (530) $ 529 $ (80) $ 1,036
Income from continuing operations attributable to noncontrolling interests 61 27 101 63
Income from discontinued operations attributable to noncontrolling interests 0 1 0 4
Net income (loss) (469) 557 21 1,103
Adjustments to reconcile net income to cash provided by operating activities:        
Depreciation and amortization 219 205 445 429
Pension and postretirement benefit income (17) (1) (34) (15)
Pension and postretirement contributions (34) (28) (53) (52)
Equity in earnings of partially-owned affiliates, net of dividends received (97) (77) (207) (169)
Deferred income taxes 345 152 331 248
Non-cash restructuring and impairment costs 29 0 29 0
Gain on divestitures 0 (200) 0 (200)
Fair value adjustment of equity investment 4 0 4 0
Equity-based compensation 23 25 51 46
Other 4 4 5 (1)
Changes in assets and liabilities, excluding acquisitions and divestitures:        
Receivables (124) (299) 75 111
Inventories (98) (81) (168) (101)
Other assets 242 22 134 (107)
Restructuring reserves 141 (68) 67 (145)
Accouns payable and accrued liabilities 83 246 (311) (456)
Accrued income taxes 391 (97) 240 (491)
Cash provided by operating activities 634 360 621 200
Investing Activities        
Capital expenditures (261) (294) (543) (556)
Sale of property, plant and equipment 5 3 14 17
Acquisition of businesses, net of cash acquired 0 (9) (133) (22)
Business divestitures 22 141 40 141
Changes in long-term investments 0 (47) 0 (45)
Other 1 6 5 11
Cash used by investing activities (233) (200) (617) (454)
Financing Activities        
Increase in short-term debt - net 619 267 1,140 1,165
Repayment of long-term debt (807) (131) (814) (140)
Stock repurchases 0 (210) 0 (810)
Payment of cash dividends (188) (171) (356) (317)
Proceeds from the exercise of stock options 4 57 20 162
Dividends paid to noncontrolling interests (73) (9) (227) (20)
Other (3) (25) 3 (33)
Cash provided (used) by financing activities (448) (222) (234) 7
Effect of exchange rate changes on cash and cash equivalents (9) 39 (9) (18)
Cash held for sale 0 19 0 20
Decrease in cash and cash equivalents (56) (4) (239) (245)
Cash and cash equivalents at beginning of period 414 168 597 409
Cash and cash equivalents at end of period $ 358 $ 164 $ 358 $ 164