JCI SEC Filings

Johnson Controls International plc (JCI) has filed an 8-K report on February 3, 2026, primarily to disclose its financial results for the three months ended December 31, 2025. The company issued a press release on February 4, 2026, containing these results, which is furnished as an exhibit to this filing. Investors should refer to the press release (Exhibit 99.1) for detailed information regarding the company's performance during the second quarter of its fiscal year 2026.

Johnson Controls International plc (JCI) reported strong performance for the three months ended December 31, 2025. Net sales increased by 7% year-over-year to $5.8 billion, driven by organic growth across all segments, particularly in the Americas. Gross profit also saw an 8% increase, indicating effective pricing and productivity initiatives. A significant factor contributing to improved profitability was the substantial decrease in Selling, General, and Administrative (SG&A) expenses, largely due to $130 million in AFFF insurance recoveries and a $70 million gain from the divestiture of the ADT Mexico business. Despite a notable increase in the income tax provision, resulting in a higher effective tax rate of 21.4% compared to 11.5% in the prior year, net income attributable to Johnson Controls rose to $524 million, or $0.85 per diluted share, from $419 million, or $0.63 per diluted share, in the prior year's comparable period. The company also reported robust growth in both backlog and orders, up 20% and 39% respectively, fueled by increased customer investments in data center projects.

Johnson Controls International plc (JCI) reported its fiscal year results ending September 30, 2025, highlighting a strategic shift towards a more focused commercial building solutions portfolio. The company successfully divested its Residential and Light Commercial (R&LC) HVAC business in July 2025, which contributed a significant gain, bolstering the company's financial position. This divestiture, alongside other portfolio optimization efforts, is intended to accelerate growth, drive profitability, and improve cash flow by concentrating on core commercial building technologies and services. The company realigned its reporting segments to Americas, EMEA, and APAC, reflecting its updated operational structure. Net sales saw a modest increase, driven by organic growth in services and products, particularly in the Americas and EMEA regions. The company also demonstrated strong operational execution, with improvements in gross profit and segment EBITA, especially in the Americas and EMEA segments. JCI continues to invest in digital capabilities, including its OpenBlue platform, to enhance smart building solutions and capitalize on trends such as data centers, decarbonization, and energy efficiency. The company also announced a substantial increase in its share repurchase authorization and actively repurchased shares, returning capital to shareholders.

Johnson Controls International plc (JCI) has filed an 8-K report on November 4, 2025, to announce its financial results for the three months and fiscal year ended September 30, 2025. This filing primarily incorporates by reference a press release issued on November 5, 2025, which contains the detailed operational and financial performance data. Investors should refer to the furnished press release (Exhibit 99.1) for comprehensive insights into the company's recent performance, including revenue, earnings, and any forward-looking guidance.

Johnson Controls International plc (JCI) announced a significant leadership change within its Americas business segment. Effective October 1, 2025, Nathan Manning will step down as Vice President and President, Americas, to pursue other opportunities. This transition is a key event for investors to monitor as it could signal shifts in regional strategy or operational focus.

Johnson Controls International plc (JCI) announced on August 7, 2025, its entry into accelerated share repurchase (ASR) transactions totaling $5.0 billion. These transactions are designed to repurchase the Company's ordinary shares and are being executed under the company's existing share repurchase authorization, which has substantial remaining capacity. The ASR transactions are funded by proceeds from the recent sale of JCI's residential and light commercial HVAC business to Robert Bosch GmbH. This significant capital return program demonstrates management's confidence in the company's future and its commitment to enhancing shareholder value. The repurchase will involve an initial delivery of shares, with the final number of shares repurchased determined by volume-weighted average prices over the transaction term, subject to customary adjustments. The ASR transactions are expected to conclude in the second quarter of fiscal year 2026, with potential for additional share delivery or cash/share adjustments at settlement.

Johnson Controls International plc (JCI) reported its third-quarter fiscal year 2025 results, demonstrating a 3% increase in net sales to $6.1 billion year-over-year, driven by organic growth and favorable foreign currency translation. The company successfully completed the divestiture of its Residential and Light Commercial (R&LC) HVAC business for approximately $5.0 billion, a strategic move intended to focus on its core building solutions. Despite a year-over-year decrease in net income attributable to Johnson Controls to $701 million from $975 million, primarily impacted by the prior year's water systems AFFF insurance recoveries and earn-out adjustments, the company maintained a strong gross profit margin of 37.1%, up from 35.8% in the prior year quarter. Management highlighted improved backlog and order trends, particularly in the Americas segment, and reaffirmed its commitment to capital return to shareholders through an accelerated share repurchase program funded by the recent divestiture. The company's liquidity remains robust, and it is in compliance with its financial covenants, positioning it to navigate ongoing macroeconomic uncertainties and pursue its strategic growth initiatives in smart, safe, healthy, and sustainable buildings.

Johnson Controls International plc (JCI) has filed an 8-K report on July 31, 2025, disclosing the completion of a significant divestiture. The company has successfully sold its residential and light commercial HVAC business to Robert Bosch GmbH, a transaction originally announced on July 23, 2024. This sale marks a strategic shift for JCI, likely focusing the company on its core building technologies and solutions portfolio. Investors should note that the press release accompanying this filing, dated August 1, 2025, provides further details on this transaction. The divestiture is expected to streamline JCI's operations and allow for a more concentrated strategic focus, potentially impacting future growth and profitability. While specific financial details of the sale are not detailed in this particular 8-K filing beyond the completion announcement, this event represents a material change for the company's business structure.

Johnson Controls International plc (JCI) has filed an 8-K report on July 29, 2025, to disclose its financial results for the three and nine months ended June 30, 2025. The primary purpose of this filing is to make public the details of the company's operational performance, as presented in an accompanying press release. Investors should refer to this press release (Exhibit 99.1) for specific financial metrics, including revenue, profitability, and any segment-specific performance details. This report serves as an official channel for disseminating these critical financial updates. While the 8-K itself is brief, it directs stakeholders to the press release for comprehensive insights into the company's financial condition and operational results. Key areas of focus for investors will likely be the trends in revenue growth, margin performance, and any forward-looking statements or guidance that may have been provided within the press release.

Johnson Controls International plc (JCI) has filed an 8-K report detailing a previously announced organizational restructuring, effective April 1, 2025. The company has consolidated its reporting segments from four to three: Americas, EMEA, and APAC. This strategic move aims to simplify operations, accelerate growth, and better align financial reporting with how management assesses performance and allocates resources, particularly after recent portfolio adjustments. To aid investor understanding and comparability, JCI has furnished unaudited historical financial information for the three months ended March 31, 2025, presented under the new three-segment structure. This information, found in Exhibit 99.1, is intended to help investors track performance against the revised reporting framework. Investors should note that this data is unaudited and should be reviewed alongside JCI's most recent Form 10-Q filing.

Johnson Controls International plc (JCI) filed an 8-K on May 6, 2025, to report its financial results for the three and six months ended March 31, 2025. The core of this filing is the press release furnished as Exhibit 99.1, which details the company's operational performance and financial condition for the period. Investors should review this press release for specific metrics, including revenue, earnings per share, and any forward-looking guidance provided by management. This filing serves as the official notification of JCI's recent financial performance. While the 8-K itself is brief, its significance lies in the accompanying press release, which is the primary source of detailed financial information. Investors will be looking for trends in key performance indicators, commentary on market conditions, and the company's outlook for the remainder of the fiscal year to inform their investment decisions.

Johnson Controls International plc (JCI) reported its financial results for the quarter ending March 31, 2025, with a significant increase in net income attributable to continuing operations, reaching $473 million compared to a loss of $321 million in the prior year period. This turnaround was driven by improved gross profit, which rose 8% to $2,069 million, benefiting from margin expansion in its Building Solutions segments due to a higher mix of long-term, higher-margin projects and optimized service offerings. Total net sales saw a modest 1% increase to $5,676 million, driven by organic growth, particularly in the Building Solutions segments, partially offset by divestitures and unfavorable foreign currency translation. The company continues to advance its portfolio simplification strategy, with the sale of its Residential and Light Commercial HVAC business expected to close in the second half of fiscal 2025, which will contribute to significant cash proceeds anticipated to be used for debt reduction and shareholder returns. Operationally, the company demonstrated strong performance in its Building Solutions segments, with North America showing a 6% sales increase and notable EBITA growth. Global Products segment sales declined 13%, primarily due to divestitures, though organic sales saw an 8% increase, indicating underlying product demand. The company is also actively managing its cost structure, with significant reductions in Selling, General, and Administrative (SG&A) expenses year-over-year, largely due to the prior year's water systems AFFF settlement costs. Looking ahead, JCI is focused on capitalizing on trends in smart, safe, healthy, and sustainable buildings, leveraging its digital platform and service offerings to drive recurring revenue. The company maintains a stable liquidity position and is actively managing its capital structure, including share repurchases and dividend payments, while navigating macroeconomic uncertainties and ongoing geopolitical risks.

Johnson Controls International plc (JCI) has filed a Current Report on Form 8-K to provide updated segment reporting information. This filing reflects a previously announced organizational realignment, effective April 1, 2025, which consolidates its reporting structure from four segments to three: Americas, EMEA, and APAC. This strategic move aims to simplify operations, accelerate growth, better align with the company's operational structure, and reflect how the chief operating decision maker assesses performance and allocates resources, especially after recent portfolio adjustments. While this realignment does not impact previously reported consolidated financial statements, JCI is furnishing unaudited historical quarterly financial information that presents results under the new segment structure. This exhibit is intended to aid investors in comparing historical performance with future financial reporting. Investors are advised that this historical data is unaudited and subject to potential further adjustments, and should be reviewed in conjunction with the company's most recent SEC filings, including its Form 10-K and 10-Q reports.

Johnson Controls International plc (JCI) has announced a significant reorganization of its reporting structure, effective April 1, 2025. The company is simplifying its operations by consolidating from four reporting segments to three, aligning with the company's strategic initiatives to drive simplification and accelerate growth. This change aims to better reflect its organizational and operational structure and how its chief operating decision maker assesses performance and allocates resources, particularly following recent portfolio adjustments. Investors should note that the company will begin reporting under this new three-segment structure (Americas, EMEA, and APAC) with its fiscal third quarter results for the period ending June 30, 2025. JCI intends to provide recast unaudited historical financial information reflecting the new segment structure before its second quarter earnings presentation to facilitate investor comparisons. The report also details leadership changes within these new segments and supporting global functions, indicating a focus on streamlined regional operations and enhanced global functional organizations.

Johnson Controls International plc (JCI) filed an 8-K report on March 13, 2025, detailing key outcomes from its Annual General Meeting (AGM) held on March 12, 2025. The most significant event was the official transition of leadership, with Joakim Weidemanis succeeding George Oliver as Chief Executive Officer, effective immediately after the AGM. Mr. Oliver, who was re-elected as a director, will continue to serve as Chairman of the Board until his planned retirement on July 31, 2025. The Board also approved an increase in its size to thirteen members, with Mr. Weidemanis appointed as a director. Shareholders at the AGM also voted on and approved several management proposals. These include the ratification of PricewaterhouseCoopers LLP as the independent auditor, authorization for the Audit Committee to set auditor remuneration, and approval for the company to conduct market purchases of its shares and to determine the reissuance price range for treasury shares. Additionally, advisory votes on executive compensation, the Board's authority to allot shares, and the waiver of statutory pre-emption rights were all approved by shareholders. These resolutions indicate shareholder support for the company's governance and capital management strategies.

Johnson Controls International plc reported a solid financial performance for the quarter ended December 31, 2024, with a notable increase in net sales and gross profit. Net sales grew by 4% year-over-year to $5.43 billion, driven by strong organic growth across its Building Solutions segments, particularly in North America. Gross profit saw an impressive 8% increase, reaching $1.93 billion, with a 1.4% margin expansion to 35.5%. This improvement was attributed to the company's strategy of building a higher-margin backlog, especially in long-term systems projects. The company continues to advance its portfolio simplification strategy, with the significant divestiture of its Residential and Light Commercial (R&LC) HVAC business to Bosch expected to close in the fourth quarter of fiscal year 2025. This strategic move, aimed at focusing on comprehensive solutions for commercial buildings, is expected to yield substantial cash proceeds, which management intends to use for debt reduction and returning capital to shareholders. The company also highlighted its commitment to sustainability and smart building solutions, leveraging its OpenBlue platform to capitalize on growing market demand driven by government initiatives and corporate net-zero commitments.

Johnson Controls International plc (JCI) has announced a significant leadership transition, with Joakim Weidemanis set to succeed George Oliver as Chief Executive Officer effective March 12, 2025, immediately following the Company's Annual General Meeting of Shareholders. Mr. Weidemanis, formerly Executive Vice President at Danaher Corporation, brings extensive experience in global science and technology operations, including leadership roles within Danaher's Diagnostics group and operations in China. Following this transition, George Oliver will step down as CEO but will continue to serve as Chairman of the Board of Directors until July 31, 2025, after which Mark Vergnano will assume the role of independent Chairman. The company has also approved a substantial retention award for CFO Marc Vandiepenbeeck, underscoring a focus on executive stability during this leadership change. Investors should monitor the integration of Mr. Weidemanis and the strategic direction he will implement.

Johnson Controls International plc (JCI) has filed an 8-K report on February 5, 2025, primarily announcing two significant updates: its financial results for the three months ended December 31, 2024, and a CEO succession. The earnings release, furnished as Exhibit 99.1, provides investors with recent operational performance data. Crucially, the filing also announces the appointment of Joakim Weidemanis as the new Chief Executive Officer, effective March 12, 2025, following the Company's 2025 Annual General Meeting. This leadership change marks a new chapter for JCI and investors will be keen to understand the strategic direction under new leadership. The full details of the financial results are expected to be contained within the referenced press release.

Johnson Controls International plc (JCI) has announced significant leadership changes within its Building Solutions North America and Global Field Operations segments, effective immediately. This report details the reassignment of Julie Brandt from Vice President and President, Building Solutions North America to Vice President and President, Global Field Operations. Concurrently, Nathan Manning will transition from Chief Operations Officer, Global Field Operations to Vice President and President, Building Solutions North America. These changes are presented as part of the Company's ongoing efforts to foster simplification and growth.

Johnson Controls International plc (JCI) announced that a member of its Board of Directors, Simone Menne, will retire and not seek re-election at the upcoming 2025 Annual General Meeting of Shareholders, scheduled for March 12, 2025. The company emphasized that Ms. Menne's decision is voluntary and not related to any disputes or disagreements regarding the company's operations, policies, or practices. This change in board composition will be effective following the annual meeting.

Johnson Controls International plc (JCI) announced the completion of a €500 million offering of 3.125% Senior Notes due 2033 on December 11, 2024. The issuance, facilitated by an Underwriting Agreement with BofA Securities Europe SA, Crédit Agricole Corporate and Investment Bank, and ING Bank N.V. as lead underwriters, aims to strengthen the company's financial flexibility. The net proceeds are earmarked for general corporate purposes, including the repayment of outstanding commercial paper and other near-term indebtedness, with any temporarily unallocated funds to be invested in short-term, investment-grade securities. The Notes are unsecured and unsubordinated obligations of the Issuers (JCI and its subsidiary Tyco Fire & Security Finance S.C.A.), ranking senior to any subordinated debt and equal to non-subordinated debt. However, they are effectively junior to secured indebtedness and structurally junior to debt incurred by subsidiaries. The offering represents a strategic move by JCI to manage its debt profile and ensure adequate liquidity, with specific terms outlined in the Thirteenth Supplemental Indenture.

Johnson Controls International plc (JCI) announced the completion of an offering of $250 million aggregate principal amount of its 4.900% Senior Notes due 2032. These "Additional 2032 Notes" are a further issuance and are fungible with the previously issued $400 million aggregate principal amount of the same series of notes, bringing the total outstanding principal amount of these senior notes to $650 million. The company intends to use the net proceeds from this offering for general corporate purposes, specifically mentioning the repayment or refinancing of outstanding commercial paper and other near-term indebtedness.

Johnson Controls International plc (JCI) reported a net sales increase of 3% to $22.95 billion for the fiscal year ended September 30, 2024, driven by organic growth. The company continues its strategic focus on being a pure-play provider of building technologies and solutions, evidenced by the completion of the Air Distribution Technologies divestiture and the definitive agreement to sell its Residential and Light Commercial (R&LC) HVAC business. The R&LC HVAC divestiture, expected to close in Q4 fiscal 2025, is poised to generate significant proceeds, with a portion allocated to debt reduction and the remainder returned to shareholders. The company's Building Solutions North America segment showed robust growth, up 10% year-over-year, while the Asia Pacific segment experienced a notable decline of 19% primarily due to weakness in China. JCI also reported progress in addressing environmental liabilities, notably the AFFF settlement, and ongoing cybersecurity initiatives to strengthen its IT infrastructure and digital product security. The company reiterated its commitment to shareholder returns through dividends and share repurchases, demonstrating a continued focus on enhancing shareholder value.

Johnson Controls International plc (JCI) has filed an 8-K report on November 6, 2024, announcing its financial results for the three months and fiscal year ended September 30, 2024. The key information is contained within a press release, furnished as Exhibit 99.1, which provides details on the company's performance during this period. Investors should review this press release for a comprehensive understanding of JCI's operational and financial condition as of the end of their fiscal year.

Johnson Controls International plc (JCI) filed an 8-K on August 4, 2024, detailing significant leadership changes. The most impactful announcement for investors is the initiation of a CEO succession plan, as Chairman and CEO George R. Oliver has informed the Board of his intention to retire. Mr. Oliver will continue in his roles until a successor is appointed and is expected to remain as Chairman post-succession. This signals a period of transition and potential strategic shifts for the company. Additionally, the company appointed Patrick K. Decker to its Board of Directors, effective July 31, 2024, and to the Compensation and Talent Development Committee. Mr. Decker's appointment comes with standard director compensation and a restricted stock unit (RSU) award. The filing also discloses significant retention awards for key executive officers, Executive Vice President and CFO Marc Vandiepenbeeck and Vice President and President, Global Products Lei Schiltz, each receiving $2.75 million in RSUs vesting over two years. These retention awards aim to ensure stability within the executive team during the upcoming CEO transition.

Johnson Controls International plc reported a mixed financial performance for the quarter and nine months ended June 30, 2024. While net sales saw a slight increase year-over-year, driven by organic growth and services, profitability was impacted by various factors including unfavorable mix and ongoing cost pressures. The company is actively engaged in portfolio simplification, agreeing to sell its Air Distribution Technologies business and the Residential and Light Commercial HVAC business, signaling a strategic shift towards becoming a pure-play provider for commercial buildings. Despite a reported net income attributable to Johnson Controls of $975 million for the quarter, down from $1,049 million in the prior year, the company continues to generate operating cash flow, though it saw a decrease year-over-year largely due to working capital changes and the discontinuation of factoring programs. Significant developments include a substantial AFFF settlement provision and related insurance recoveries, which impacted SG&A expenses and cash flows. The company also recorded a goodwill impairment charge and is progressing with its restructuring plans. Looking ahead, JCI expects continued softness in China and is focused on capitalizing on the growing demand for smart, sustainable building solutions.

Johnson Controls International plc (JCI) has filed an 8-K report on July 30, 2024, to announce its financial results for the three and nine months ended June 30, 2024. The primary driver of this filing is the press release furnished as Exhibit 99.1, which contains the detailed operational and financial performance information. Investors should refer to this press release for comprehensive insights into the company's recent performance, including key financial metrics and any forward-looking statements or guidance provided.

Johnson Controls International plc (JCI) has announced a significant divestiture, entering into a Stock and Asset Purchase Agreement with Robert Bosch GmbH to sell its Residential and Light Commercial HVAC business. This strategic move includes the North America Ducted business and JCI's global Residential joint venture with Hitachi. The total transaction value is approximately $8.1 billion in cash, with JCI set to receive approximately $6.7 billion after adjustments. This divestiture represents a substantial portfolio simplification for JCI, allowing it to focus on its core building solutions. The substantial cash proceeds are expected to provide financial flexibility. Investors should closely monitor the closing conditions, including regulatory approvals and the completion of related transactions with Hitachi, as well as the potential impact on JCI's future financial performance and strategic direction.

Johnson Controls International plc (JCI) has filed an 8-K report on July 23, 2024, announcing two significant events. Firstly, the company released preliminary financial results for its fiscal 2024 third quarter ended June 30, 2024. While specific figures are not detailed within the 8-K itself, this announcement signals an upcoming update on operational performance and financial condition. Secondly, and more impactfully for investors, JCI has entered into a definitive agreement to sell its residential and light commercial HVAC business to Robert Bosch GmbH. This strategic divestiture suggests a potential reshaping of JCI's business portfolio, likely focusing on its core building solutions segments. Investors should closely examine the terms of the sale and the implications for JCI's future growth and profitability.

Johnson Controls International plc (JCI) has filed an 8-K detailing the early tender results and subsequent pricing and upsizing of its cash tender offers for its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047. The company announced on June 4, 2024, that it received significant early participation in these offers, indicating investor interest in tendering these notes. Following the early tender results, JCI has priced and upsized these offers. This move suggests the company is actively managing its debt structure, potentially to optimize its capital costs or reduce outstanding liabilities. Investors should review the referenced press releases (Exhibits 99.1 and 99.2) for full details on the terms and conditions of these tender offers, as this filing serves as an update and not a standalone offer document.

Johnson Controls International plc (JCI) has announced the commencement of cash tender offers for its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047. The company aims to purchase up to an aggregate principal amount of $90 million of these notes. This move suggests JCI is actively managing its debt structure, potentially to optimize its cost of capital or rebalance its debt maturity profile. Investors should note the specific terms and conditions outlined in the Offer to Purchase, including expiration dates and early tender deadlines. The offers are not conditioned on a minimum tender amount and will be funded by existing cash or commercial paper. The ability for JCI to increase or decrease the Aggregate Tender Cap provides some flexibility in how much debt they ultimately repurchase.

Johnson Controls International plc (JCI) has filed an 8-K report on May 1, 2024, to announce its financial results for the three and six months ended March 31, 2024. The report primarily consists of a furnished press release (Exhibit 99.1) detailing these operational and financial outcomes. Investors should review the press release for specific figures regarding revenue, earnings, and any forward-looking guidance provided by the company.

Johnson Controls International plc reported mixed results for the second quarter of fiscal year 2024. While net sales remained relatively flat year-over-year, the company experienced a significant net loss attributable to shareholders, primarily driven by a substantial $750 million charge related to the settlement of Aqueous Film-Forming Foam (AFFF) litigation. This charge, alongside a $230 million goodwill impairment, significantly impacted profitability, resulting in a diluted loss per share of $0.41 compared to earnings of $0.19 in the prior year. Despite the bottom-line pressure, the company saw positive trends in certain segments, with Building Solutions North America and EMEA/LA reporting increased net sales and segment EBITA. The company also highlighted ongoing efforts to drive growth through its OpenBlue platform and smart building solutions, capitalizing on increasing demand for sustainable and efficient buildings. However, persistent supply chain challenges and weakness in certain markets, particularly China, continue to pose headwinds.

Johnson Controls International plc (JCI) announced on April 19, 2024, the successful completion of a $700 million offering of 5.500% Senior Notes due 2029. The proceeds from this offering are intended for general corporate purposes, specifically to repay, redeem, or refinance outstanding commercial paper and other near-term indebtedness. This move suggests a proactive approach by JCI to manage its short-term liabilities and potentially improve its debt maturity profile. These new notes are unsecured and unsubordinated obligations of the Issuers, ranking senior to subordinated debt and equal to unsubordinated debt, but effectively junior to secured indebtedness and structurally junior to subsidiary debt. The offering provides JCI with additional liquidity and flexibility to meet its financial obligations and strategic objectives.

Johnson Controls International plc (JCI) has entered into a material definitive agreement to settle a class-action lawsuit related to Aqueous Film Forming Foam (AFFF) products. A wholly-owned subsidiary, Tyco Fire Products LP, agreed to a $750 million settlement with a nationwide class of public water systems alleging PFAS contamination. This settlement resolves claims associated with Tyco's AFFF products used in drinking water systems and includes a release of claims against Tyco and related entities. The company recorded a $750 million charge in the quarter ended March 31, 2024, for this settlement. Initial payment of $250 million is expected around May 25, 2024, with the remaining $500 million due six months after preliminary court approval, anticipated in mid-May 2024. JCI expects to recover a substantial portion of this payment through insurance, though the exact amount and timing remain uncertain. The settlement is subject to court approval and other contingencies, with the finalization process expected to take several months. Importantly, this settlement does not cover all potential PFAS-related claims, such as personal injury cases or claims by state attorneys general, which remain subject to ongoing litigation.

This 8-K filing reports on the results of Johnson Controls International plc's (JCI) 2024 Annual General Meeting of Shareholders held on March 13, 2024. All proposed resolutions, including the election of the Board of Directors, the ratification of PricewaterhouseCoopers LLP as independent auditors, and various management proposals related to share authorization and executive compensation, were overwhelmingly approved by shareholders. This indicates strong shareholder confidence in the current board and management's proposed corporate governance and financial strategies. The meeting confirmed the composition of the Board of Directors and key committees, with Mr. Archer joining the Compensation and Talent Development Committee and Mr. Kotagiri joining the Audit Committee following the meeting. The approval of proposals related to market share purchases, treasury share reissuance, and share allotment demonstrates shareholder support for JCI's flexibility in managing its capital structure and potentially returning value to shareholders.

Johnson Controls International plc (JCI) reported its financial results for the fiscal second quarter ended December 31, 2023. The company demonstrated a slight increase in net sales, reaching $6.1 billion, up from $6.07 billion in the prior year's quarter. This growth was primarily driven by favorable foreign currency translation and acquisitions, though organic sales saw a slight decline due to lower volumes, partially offset by higher pricing. Profitability was impacted, with gross profit margin decreasing by 180 basis points to 32.7% primarily due to lower volumes and unfavorable manufacturing absorption, though improved pricing provided some offset. The company continued to manage its operational efficiency, with Selling, General, and Administrative (SG&A) expenses decreasing by 4% year-over-year, both in absolute terms and as a percentage of sales. Restructuring and impairment costs significantly decreased compared to the prior year's quarter, which included substantial impairment charges related to businesses held for sale. Net income attributable to Johnson Controls saw a substantial increase, rising to $374 million ($0.55 per diluted share) from $118 million ($0.17 per diluted share) in the prior year, benefiting from lower restructuring costs and improved operational leverage.

Johnson Controls International plc (JCI) filed an 8-K on January 30, 2024, to report its financial results for the first quarter ended December 31, 2023. The key information is contained within the furnished press release (Exhibit 99.1), which provides the company's operational and financial performance for the period. Investors should review this press release for detailed figures on revenue, profitability, and any forward-looking statements made by management. This filing serves as the official notification of these results, making the press release the primary source for understanding JCI's recent performance and outlook.

Johnson Controls International plc (JCI) has announced a significant leadership change in its finance department. Olivier Leonetti, the current Executive Vice President and Chief Financial Officer (CFO), will be resigning from his position, effective the day after the company files its Q2 2024 Form 10-Q, expected around January 30, 2024. The company has reassured investors that Mr. Leonetti's departure is not due to any disagreements regarding the company's operations, policies, or practices. Stepping into the CFO role is Marc Vandiepenbeeck, who currently serves as Vice President and President of Building Solutions for Europe, Middle East, Africa, and Latin America. His appointment is effective upon Mr. Leonetti's resignation. Mr. Vandiepenbeeck's compensation package includes a $750,000 base salary, participation in the fiscal year 2024 Annual Incentive Performance Program with a prorated bonus cap, and long-term equity incentive awards. This transition represents a smooth internal succession for a critical financial leadership role.

Johnson Controls International plc (JCI) reported its fiscal year 2023 results, highlighting a 6% increase in net sales to $26.8 billion, driven by price increases and organic growth across its business segments, particularly in North America and Global Products. The company demonstrated improved profitability with a 21% increase in net income attributable to Johnson Controls, reaching $1.85 billion, and diluted earnings per share of $2.69. Despite a 32% rise in net financing charges and increased restructuring and impairment costs (primarily related to business and asset impairments), the company managed its operational expenses effectively, with SG&A as a percentage of sales improving. A significant event during the fiscal year was a cybersecurity incident in late September 2023, which caused disruptions and incurred costs, but the company stated that its digital products and services were unaffected and expects insurance recoveries to offset a substantial portion of the incident's impact. JCI remains focused on its strategy to capitalize on growth vectors like sustainability and healthy buildings, accelerate digital services, and foster a high-performance culture, supported by a substantial backlog of $13.6 billion in systems and services. The company's balance sheet shows total assets of $42.2 billion and total equity of $17.7 billion. Net debt increased by 16% to $8.0 billion, largely due to a decrease in cash and cash equivalents, though the company maintained compliance with its financial covenants and has significant liquidity available through its credit facilities. JCI returned $2.17 billion to shareholders through dividends and share repurchases in fiscal 2023, reflecting a continued commitment to capital return. The company's strategic focus on digital transformation and sustainable building solutions positions it to capitalize on evolving market trends.

Johnson Controls International plc (JCI) has filed an 8-K report on December 12, 2023, primarily to furnish a press release detailing its financial results for the three months and fiscal year ended September 30, 2023. This filing serves as the official notification to investors regarding the company's recent operational and financial performance. The press release, incorporated by reference, is the key document for understanding the company's financial condition and results of operations during the specified periods.

Johnson Controls International plc (JCI) has filed a Form 8-K to announce the upcoming retirement of a key board member, Michael E. Daniels. Mr. Daniels, who will not seek re-election, is set to retire at the Company's 2024 Annual General Meeting of Shareholders on March 13, 2024. This filing informs investors about a planned change in board composition. The company explicitly states that Mr. Daniels' retirement is not a result of any disputes or disagreements regarding the company's operations, policies, or practices, providing assurance on the stability of the company's leadership and strategic direction.

Johnson Controls International plc (JCI) has filed an 8-K detailing a cybersecurity incident that occurred around September 23, 2023. The incident involved unauthorized access and ransomware deployment, leading to disruptions in portions of its internal IT infrastructure and business applications. While the company has largely restored impacted systems and believes the unauthorized activity is contained, the disruption has affected systems supporting financial reporting. Consequently, JCI expects a delay in reporting its fiscal 2023 fourth quarter and year-end results, now anticipated by December 14, 2023, within the available extension period. The company has engaged cybersecurity experts and is continuing its investigation to assess the full extent of data accessed or exfiltrated. Importantly, JCI has not found evidence of any impact on its digital products and solutions, such as OpenBlue and Metasys. While the financial reporting systems have been restored and data reconciled, the ongoing evaluation of the business, financial, and related impacts is continuing.

Johnson Controls International plc (JCI) disclosed a significant cybersecurity incident affecting its internal information technology infrastructure and applications. The company is actively investigating the breach with the help of external experts and insurers, and is implementing remediation measures. While many applications remain operational, the incident has caused and is expected to continue causing disruptions to business operations. Crucially, JCI is assessing the potential impact on its ability to release its fourth quarter and full fiscal year results on time, as well as the financial implications of the breach. Investors should be aware that the full extent of the incident, including the nature of compromised data and potential financial and reputational damage, is still under evaluation. The company's ability to service customers and the potential for increased expenses, litigation, or regulatory scrutiny are key risks. The cautionary statement highlights that actual results could differ materially from forward-looking statements due to these uncertainties.

Johnson Controls International plc (JCI) announced on September 7, 2023, the departure of its Chief Commercial Officer, Rodney Clark. Mr. Clark is expected to leave his position on October 31, 2023, to pursue other opportunities. This change in executive leadership, specifically in a key commercial role, may raise questions about the company's go-forward commercial strategy and sales leadership. Investors should monitor the company's subsequent communications for updates on a successor for Mr. Clark and any potential impact on JCI's sales performance and market strategies. The departure at this time, while planned for the end of October, suggests a transition period where operational continuity and leadership stability will be critical for the company.

Johnson Controls International plc (JCI) announced significant developments regarding its previously announced cash tender offers for its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047. The company has released early tender results, indicating substantial investor participation in these offers. Furthermore, JCI has priced and upsized these tender offers, signaling a proactive approach to managing its debt structure and potentially optimizing its cost of capital.

Johnson Controls International plc (JCI) announced on August 7, 2023, the commencement of cash tender offers for up to $100 million of its 5.125% Senior Notes due 2045 and 4.500% Senior Notes due 2047. This move indicates the company's proactive management of its debt obligations and capital structure. The tender offers are being funded by existing cash and potentially ordinary course commercial paper borrowings. Investors should note the priority order for acceptance and the potential for proration as detailed in the Offer to Purchase. To receive the full "Total Consideration," which includes an early tender payment, holders must tender their notes by the Early Tender Date of August 18, 2023. The overall expiration date for the tender offers is September 5, 2023. This action may signal JCI's strategy to optimize its debt maturity profile or reduce interest expenses.

Johnson Controls International plc (JCI) filed an 8-K on August 2, 2023, primarily to furnish a press release detailing its financial results for the third fiscal quarter and the first nine months of fiscal year 2023, ending June 30, 2023. Investors should refer to the press release (Exhibit 99.1) for specific financial performance metrics, including revenue, earnings per share, and any forward-looking guidance. This filing serves as the official notification of these results.

Johnson Controls International plc (JCI) reported a strong third quarter for fiscal year 2023, with net sales increasing by 8% to $7.13 billion and net income attributable to Johnson Controls more than doubling to $1.05 billion, or $1.53 per diluted share, compared to the prior year quarter. This robust performance was driven by a combination of higher organic sales, effective pricing strategies implemented to combat inflation, and improved operational efficiencies. The company also saw a significant positive swing in its effective tax rate due to reserve adjustments related to tax audits and benefits from global tax planning. For the nine-month period, net sales grew 7% and net income attributable to Johnson Controls increased by 69%. The company's 'Building Solutions' segments, particularly North America, demonstrated strong growth in both sales and segment EBITA, reflecting increased demand for HVAC and fire and security systems. The 'Global Products' segment also contributed positively with increased pricing and sales volume. JCI continues to benefit from growing demand for smart, healthy, and sustainable building solutions, supported by favorable government initiatives. Despite ongoing macroeconomic challenges such as inflation and supply chain disruptions, the company's mitigation strategies have proven effective, leading to improved margins. Key financial highlights include a substantial increase in gross profit, improved SG&A as a percentage of sales, and strong cash flow from operations, which increased by 2% year-over-year for the nine-month period. The company also reaffirmed its commitment to shareholder returns through its ongoing share repurchase program and dividend payments. While the company faces environmental liabilities and ongoing litigation, particularly related to PFAS, these are being actively managed and are not currently expected to have a material adverse effect on its financial position.

Johnson Controls International plc (JCI) filed an 8-K on May 23, 2023, to report the completion of an offering of €800 million aggregate principal amount of 4.250% Senior Notes due 2035. The offering was conducted under an Underwriting Agreement dated May 16, 2023, with proceeds intended to finance or refinance eligible green projects. Pending allocation, net proceeds will be held in cash, cash equivalents, or treasury securities. The notes are unsecured and unsubordinated obligations of JCI and its wholly owned subsidiary, Tyco Fire & Security Finance S.C.A. They rank senior to existing and future subordinated debt, equal to non-subordinated debt, effectively junior to secured debt, and structurally junior to subsidiary debt. The issuance strengthens the company's capital structure and provides dedicated financing for its green initiatives, aligning with its sustainability goals.