Equity and Noncontrolling Interests

9 Months Ended

Jun. 30, 2011

Equity and Noncontrolling Interests [Abstract]

13.

Equity and Noncontrolling Interests

The following schedules present changes in consolidated equity attributable to Johnson Controls, Inc. and noncontrolling interests (in millions):


	Three Months Ended June 30, 2011									Three Months Ended June 30, 2010
	Equity Attributable to			Equity Attributable to						Equity Attributable to			Equity Attributable to
	Johnson			Noncontrolling						Johnson			Noncontrolling
	Controls, Inc.			Interests			Total Equity			Controls, Inc.			Interests			Total Equity
Beginning balance, March 31	$	10,976		$	130		$	11,106		$	9,378		$	96		$	9,474
Total comprehensive income (loss):
Net income		357			10			367			418			(5	)		413
Foreign currency translation adjustments		131			(1	)		130			(322	)		(2	)		(324	)
Realized and unrealized losses on derivatives		(7	)		—			(7	)		(14	)		—			(14	)
Unrealized losses on marketable common stock		—			—			—			(2	)		—			(2	)
Employee retirement plans		(6	)		—			(6	)		5			—			5

Other comprehensive income (loss)		118			(1	)		117			(333	)		(2	)		(335	)

Comprehensive income (loss)		475			9			484			85			(7	)		78

Other changes in equity:
Cash dividends - common stock		(109	)		—			(109	)		(88	)		—			(88	)
Dividends attributable to noncontrolling interests		—			(22	)		(22	)		—			(3	)		(3	)
Redemption value adjustment attributable to redeemable noncontrolling interests		(2	)		—			(2	)		—			—			—
Other, including options exercised		21			1			22			20			1			21

Ending balance, June 30	$	11,361		$	118		$	11,479		$	9,395		$	87		$	9,482


	Nine Months Ended June 30, 2011									Nine Months Ended June 30, 2010
	Equity Attributable to			Equity Attributable to						Equity Attributable to			Equity Attributable to
	Johnson			Noncontrolling						Johnson			Noncontrolling
	Controls, Inc.			Interests			Total Equity			Controls, Inc.			Interests			Total Equity
Beginning balance, September 30	$	10,071		$	106		$	10,177		$	9,100		$	84		$	9,184
Total comprehensive income:
Net income		1,086			41			1,127			1,042			25			1,067
Foreign currency translation adjustments		301			—			301			(604	)		(3	)		(607	)
Realized and unrealized losses on derivatives		(5	)		—			(5	)		(7	)		—			(7	)
Unrealized gains (losses) on marketable common stock		7			—			7			(2	)		—			(2	)
Employee retirement plans		65			—			65			43			—			43

Other comprehensive income (loss)		368			—			368			(570	)		(3	)		(573	)

Comprehensive income		1,454			41			1,495			472			22			494

Other changes in equity:
Cash dividends - common stock		(326	)		—			(326	)		(262	)		—			(262	)
Dividends attributable to noncontrolling interests		—			(30	)		(30	)		—			(20	)		(20	)
Redemption value adjustment attributable to redeemable noncontrolling interests		3			—			3			9			—			9
Other, including options exercised		159			1			160			76			1			77

Ending balance, June 30	$	11,361		$	118		$	11,479		$	9,395		$	87		$	9,482

		The Company consolidates certain subsidiaries in which the noncontrolling interest party has within their control the right to require the Company to redeem all or a portion of its interest in the subsidiary. The redeemable noncontrolling interests are reported at their estimated redemption value. Any adjustment to the redemption value impacts retained earnings but does not impact net income. Redeemable noncontrolling interests which are redeemable only upon future events, the occurrence of which is not currently probable, are recorded at carrying value.

		The following schedules present changes in the redeemable noncontrolling interests (in millions):


	Three Months Ended			Three Months Ended
	June 30, 2011			June 30, 2010
Beginning balance, March 31	$	223		$	153
Net income		13			13
Foreign currency translation adjustments		(3	)		(3	)
Dividends attributable to redeemable noncontrolling interests		(6	)		—
Redemption value adjustment		2			—

Ending balance, June 30	$	229		$	163


	Nine Months Ended			Nine Months Ended
	June 30, 2011			June 30, 2010
Beginning balance, September 30	$	196		$	155
Net income		41			22
Foreign currency translation adjustments		1			(5	)
Dividends attributable to noncontrolling interests		(6	)		—
Redemption value adjustment		(3	)		(9	)

Ending balance, June 30	$	229		$	163

- Definition

Disclosures related to accounts comprising shareholders' equity, including other comprehensive income. Includes: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables; effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure.

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