Equity and Noncontrolling Interests (Tables)

12 Months Ended

Sep. 30, 2020

Stockholders' Equity Note [Abstract]

Equity Attributable to Johnson Controls plc and Noncontrolling Interests

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

	Equity Attributable to Johnson Controls International plc		Equity Attributable to Noncontrolling Interests		Total Equity
At September 30, 2017	$	20,447	$	920	$	21,367
Total comprehensive income (loss):
Net income	2,162		186		2,348
Foreign currency translation adjustments	(458)		(22)		(480)
Realized and unrealized losses on derivatives	(19)		(1)		(20)
Realized and unrealized gains on marketable securities	4		—		4
Other comprehensive loss	(473)		(23)		(496)
Comprehensive income	1,689		163		1,852
Other changes in equity:
Cash dividends - ordinary shares ($1.04 per share)	(968)		—		(968)
Dividends attributable to noncontrolling interests	—		(43)		(43)
Repurchases of ordinary shares	(300)		—		(300)
Change in noncontrolling interest share	—		23		23
Adoption of ASU 2016-09	179		—		179
Reclassification from redeemable noncontrolling interest	—		231		231
Other, including options exercised	117		—		117
At September 30, 2018	21,164		1,294		22,458
Total comprehensive income (loss):
Net income	5,674		213		5,887
Foreign currency translation adjustments	(325)		(17)		(342)
Realized and unrealized gains (losses) on derivatives	7		(1)		6
Pension and postretirement plans	(6)		—		(6)
Other comprehensive loss	(324)		(18)		(342)
Comprehensive income	5,350		195		5,545
Other changes in equity:
Cash dividends - ordinary shares ($1.04 per share)	(887)		—		(887)
Dividends attributable to noncontrolling interests	—		(132)		(132)
Repurchases and retirements of ordinary shares	(5,983)		—		(5,983)
Divestiture of Power Solutions	483		(295)		188
Adoption of ASC 606	(45)		—		(45)
Adoption of ASU 2016-16	(546)		—		(546)
Other, including options exercised	230		1		231
At September 30, 2019	19,766		1,063		20,829
Total comprehensive income:
Net income	631		164		795
Foreign currency translation adjustments	7		18		25
Realized and unrealized gains on derivatives	4		4		8
Pension and postretirement plans	8		—		8
Other comprehensive income	19		22		41
Comprehensive income	650		186		836
Other changes in equity:
Cash dividends - ordinary shares ($1.04 per share)	(780)		—		(780)
Dividends attributable to noncontrolling interests	—		(114)		(114)
Repurchases and retirements of ordinary shares	(2,204)		—		(2,204)
Change in noncontrolling interest share	(83)		(49)		(132)
Adoption of ASC 842	(5)		—		(5)
Other, including options exercised	103		—		103
At September 30, 2020	$	17,447	$	1,086	$	18,533

Changes in Redeemable Noncontrolling Interests

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

	Year Ended September 30, 2018
Beginning balance, September 30	$	211
Net income	35
Foreign currency translation adjustments	(3)
Realized and unrealized losses on derivatives	(9)
Dividends	(3)
Reclassification to noncontrolling interest	(231)
Ending balance, September 30	$	—

Changes in Accumulated Other Comprehensive Income, net of tax

The following schedules present changes in AOCI attributable to Johnson Controls (in millions, net of tax):

	Year Ended September 30,
	2020		2019		2018
Foreign currency translation adjustments
Balance at beginning of period	$	(785)	$	(939)	$	(481)
Divestiture of Power Solutions	—		479		—
Aggregate adjustment for the period (net of tax effect of $1, $0 and $(3)) (1)	7		(325)		(458)
Balance at end of period	(778)		(785)		(939)
Realized and unrealized gains (losses) on derivatives
Balance at beginning of period	(2)		(13)		6
Divestiture of Power Solutions (net of tax effect of $0, $1 and $0)	—		4		—
Current period changes in fair value (net of tax effect of $1, $(1) and $(4))	3		(1)		(8)
Reclassification to income (net of tax effect of $0, $2 and $(5)) (2)	1		8		(11)
Balance at end of period	2		(2)		(13)
Realized and unrealized gains (losses) on marketable securities
Balance at beginning of period	—		8		4
Adoption of ASU 2016-01 (3)	—		(8)		—
Current period changes in fair value (net of tax effect of $0, $0 and $1)	—		—		5
Reclassification to income (net of tax effect of $0, $0 and $(1)) (4)	—		—		(1)
Balance at end of period	—		—		8
Pension and postretirement plans
Balance at beginning of period	(8)		(2)		(2)
Reclassification to income (net of tax effect of $(1), $0 and $0)	(1)		—		—
Other changes (net of tax effect of $4, $0 and $0)	9		(6)		—
Balance at end of period	—		(8)		(2)
Accumulated other comprehensive loss, end of period	$	(776)	$	(795)	$	(946)

(1) During fiscal 2018, $12 million of cumulative CTA was recognized as part of the divestiture-related gain recognized as part of the divestiture of Scott Safety.

(2) Refer to Note 10, "Derivative Instruments and Hedging Activities," of the notes to consolidated financial statements for disclosure of the line items in the consolidated statements of income affected by reclassifications from AOCI into income related to derivatives.

(3) The Company adopted ASU 2016-01, "Financial Instruments - Overall (Subtopic 825-10): Recognition and Measurement of Financial Assets and Financial Liabilities" effective October 1, 2018 and, as a result, reclassified $8 million of unrealized gains on marketable securities to retained earnings.

(4) During fiscal 2018, the Company sold certain marketable common stock for approximately $3 million. As a result, the Company recorded $2 million of realized gains within selling, general and administrative expenses.