Johnson Controls 2013 Annual Report Download - page 62

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62
share), $16 million increase ($0.03 per diluted share) and $21 million decrease ($0.03 per diluted share) to net income attributable
to Johnson Controls, Inc. for the quarters ended December 31, 2012, March 31, 2013 and June 30, 2013, respectively.
The impact of all adjustments made to the consolidated financial statements presented is summarized in the following table (in
millions, except per share data):
2013
Previous
Method As Reported Effect of
Change
Consolidated Statement of Income
Cost of sales
Products and systems $ 29,207 $ 29,196 $ (11)
Gross profit 6,767 6,778 11
Income before income taxes 2,454 2,465 11
Provision for income taxes 1,164 1,168 4
Net income 1,290 1,297 7
Net income attributable to Johnson Controls, Inc. 1,171 1,178 7
Earnings per share
Basic 1.71 1.72 0.01
Diluted 1.70 1.71 0.01
Consolidated Statement of Comprehensive Income (Loss)
Net income $ 1,290 $ 1,297 $ 7
Total comprehensive income 1,251 1,258 7
Consolidated Statement of Financial Position
Inventories $ 2,198 $ 2,325 $ 127
Other current assets 2,358 2,308 (50)
Retained earnings 9,251 9,328 77
Consolidated Statement of Cash Flows
Cash provided by operating activities
Net income attributable to Johnson Controls, Inc. $ 1,171 $ 1,178 $ 7
Net income 1,290 1,297 7
Deferred income taxes 269 273 4
Inventories (86)(97)(11)
Consolidated Statement of Shareholders’ Equity
Attributable to Johnson Controls, Inc.
Retained earnings at September 30, 2012 $ 8,541 $ 8,611 $ 70
Retained earnings at September 30, 2013 9,251 9,328 77