Adjustments to Current Assets
Adjustments to Total Assets
Adjustments to Current Liabilities
Adjustments to Total Liabilities
Adjustments to Stockholders’ Equity
Adjustments to Capitalization Table
Adjustments to Revenues
Adjustments to Reported Income

Johnson Controls International plc, adjusted current assets

US$ in millions

	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Current assets	10,737)	11,685)	9,998)	10,053)	12,393)	11,823)
Adjustments
Add: Allowance for expected credit losses	90)	62)	110)	173)	173)	177)
After Adjustment
Adjusted current assets	10,827)	11,747)	10,108)	10,226)	12,566)	12,000)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

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Johnson Controls International plc, adjusted total assets

US$ in millions

	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Total assets	42,242)	42,158)	41,890)	40,815)	42,287)	48,797)
Adjustments
Add: Operating lease right-of-use asset (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	1,085)	1,096)
Add: Allowance for expected credit losses	90)	62)	110)	173)	173)	177)
Less: Deferred tax assets (included in Other noncurrent assets)²	1,499)	944)	755)	862)	552)	1,591)
After Adjustment
Adjusted total assets	40,833)	41,276)	41,245)	40,126)	42,993)	48,479)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

¹ Operating lease right-of-use asset (before adoption of FASB Topic 842). See details »

² Deferred tax assets (included in Other noncurrent assets). See details »

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Johnson Controls International plc, adjusted current liabilities

US$ in millions

	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Current liabilities	11,084)	11,239)	9,098)	8,248)	9,070)	11,250)
Adjustments
Less: Current deferred revenue	1,996)	1,768)	1,637)	1,435)	1,407)	1,326)
Less: Current restructuring reserve	105)	82)	102)	144)	195)	327)
After Adjustment
Adjusted current liabilities	8,983)	9,389)	7,359)	6,669)	7,468)	9,597)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

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Johnson Controls International plc, adjusted total liabilities

US$ in millions

	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Total liabilities	24,548)	24,756)	23,137)	22,282)	21,458)	26,339)
Adjustments
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	1,085)	1,096)
Less: Deferred tax liabilities (included in Other noncurrent liabilities)²	411)	500)	443)	385)	588)	763)
Less: Deferred revenue	1,996)	1,768)	1,637)	1,435)	1,407)	1,326)
Less: Restructuring reserve	105)	82)	102)	144)	195)	327)
After Adjustment
Adjusted total liabilities	22,036)	22,406)	20,955)	20,318)	20,353)	25,019)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Deferred tax liabilities (included in Other noncurrent liabilities). See details »

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Johnson Controls International plc, adjusted shareholders’ equity attributable to Johnson Controls

US$ in millions

	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Shareholders’ equity attributable to Johnson Controls	16,545)	16,268)	17,562)	17,447)	19,766)	21,164)
Adjustments
Less: Net deferred tax asset (liability)¹	1,088)	444)	312)	477)	(36)	828)
Add: Allowance for expected credit losses	90)	62)	110)	173)	173)	177)
Add: Deferred revenue	1,996)	1,768)	1,637)	1,435)	1,407)	1,326)
Add: Restructuring reserve	105)	82)	102)	144)	195)	327)
Add: Noncontrolling interests	1,149)	1,134)	1,191)	1,086)	1,063)	1,294)
After Adjustment
Adjusted total equity	18,797)	18,870)	20,290)	19,808)	22,640)	23,460)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

¹ Net deferred tax asset (liability). See details »

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Johnson Controls International plc, adjusted capitalization table

US$ in millions

	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Short-term debt	385)	669)	8)	31)	10)	1,315)
Current portion of long-term debt	645)	865)	226)	262)	501)	26)
Long-term debt, less current portion	7,818)	7,426)	7,506)	7,526)	6,708)	9,654)
Total reported debt	8,848)	8,960)	7,740)	7,819)	7,219)	10,995)
Shareholders’ equity attributable to Johnson Controls	16,545)	16,268)	17,562)	17,447)	19,766)	21,164)
Total reported capital	25,393)	25,228)	25,302)	25,266)	26,985)	32,159)
Adjustments to Debt
Add: Operating lease liability (before adoption of FASB Topic 842)¹	—)	—)	—)	—)	1,085)	1,096)
Add: Operating lease liabilities, current (included in Other current liabilities)²	318)	280)	319)	332)	—)	—)
Add: Operating lease liabilities, noncurrent (included in Other noncurrent liabilities)³	1,086)	987)	1,055)	875)	—)	—)
Adjusted total debt	10,252)	10,227)	9,114)	9,026)	8,304)	12,091)
Adjustments to Equity
Less: Net deferred tax asset (liability)⁴	1,088)	444)	312)	477)	(36)	828)
Add: Allowance for expected credit losses	90)	62)	110)	173)	173)	177)
Add: Deferred revenue	1,996)	1,768)	1,637)	1,435)	1,407)	1,326)
Add: Restructuring reserve	105)	82)	102)	144)	195)	327)
Add: Noncontrolling interests	1,149)	1,134)	1,191)	1,086)	1,063)	1,294)
Adjusted total equity	18,797)	18,870)	20,290)	19,808)	22,640)	23,460)
After Adjustment
Adjusted total capital	29,049)	29,097)	29,404)	28,834)	30,944)	35,551)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

¹ Operating lease liability (before adoption of FASB Topic 842). See details »

² Operating lease liabilities, current (included in Other current liabilities). See details »

³ Operating lease liabilities, noncurrent (included in Other noncurrent liabilities). See details »

⁴ Net deferred tax asset (liability). See details »

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Johnson Controls International plc, adjusted net sales

US$ in millions

12 months ended:	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Net sales	26,793)	25,299)	23,668)	22,317)	23,968)	31,400)
Adjustment
Add: Increase (decrease) in deferred revenue	192)	131)	202)	28)	81)	47)
After Adjustment
Adjusted net sales	26,985)	25,430)	23,870)	22,345)	24,049)	31,447)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

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Johnson Controls International plc, adjusted net income attributable to Johnson Controls

US$ in millions

12 months ended:	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021	Sep 30, 2020	Sep 30, 2019	Sep 30, 2018
As Reported
Net income attributable to Johnson Controls	1,849)	1,532)	1,637)	631)	5,674)	2,162)
Adjustments
Add: Deferred income tax expense (benefit)¹	(676)	(141)	36)	(537)	612)	(636)
Add: Increase (decrease) in allowance for expected credit losses	24)	(48)	(63)	—)	4)	(5)
Add: Increase (decrease) in deferred revenue	192)	131)	202)	28)	81)	47)
Add: Increase (decrease) in restructuring reserve	23)	(20)	(42)	(51)	(132)	(4)
Less: Income from discontinued operations, net of tax	—)	—)	124)	—)	4,598)	—)
Add: Other comprehensive income (loss)	(60)	(599)	362)	41)	(342)	(508)
Add: Comprehensive income (loss), net of tax, attributable to noncontrolling interest	168)	69)	253)	186)	195)	186)
After Adjustment
Adjusted net income	1,520)	924)	2,261)	298)	1,494)	1,242)

Based on: 10-K (reporting date: 2023-09-30), 10-K (reporting date: 2022-09-30), 10-K (reporting date: 2021-09-30), 10-K (reporting date: 2020-09-30), 10-K (reporting date: 2019-09-30), 10-K (reporting date: 2018-09-30).

¹ Deferred income tax expense (benefit). See details »

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Johnson Controls International plc (NYSE:JCI)

Adjustments to Financial Statements

Adjustments to Current Assets

Adjustments to Total Assets

Adjustments to Current Liabilities

Adjustments to Total Liabilities

Adjustments to Stockholders’ Equity

Adjustments to Capitalization Table

Adjustments to Revenues

Adjustments to Reported Income