Johnson Controls 2012 Annual Report Download - page 107

Download and view the complete annual report

Please find page 107 of the 2012 Johnson Controls annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 114

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78
  • 79
  • 80
  • 81
  • 82
  • 83
  • 84
  • 85
  • 86
  • 87
  • 88
  • 89
  • 90
  • 91
  • 92
  • 93
  • 94
  • 95
  • 96
  • 97
  • 98
  • 99
  • 100
  • 101
  • 102
  • 103
  • 104
  • 105
  • 106
  • 107
  • 108
  • 109
  • 110
  • 111
  • 112
  • 113
  • 114

107
PricewaterhouseCoopers LLP, an independent registered public accounting firm, has audited the Company’s
consolidated financial statements and the effectiveness of internal controls over financial reporting as of September
30, 2012 as stated in its report which is included in Item 8 of this Form 10-K and is incorporated by reference
herein.
Changes in Internal Control Over Financial Reporting
Except as noted below, there have been no changes in the Company’s internal control over financial reporting
during the quarter ended September 30, 2012, that have materially affected, or are reasonably likely to materially
affect, the Company’s internal control over financial reporting.
The Company is undertaking the implementation of new enterprise resource planning (ERP) systems in certain
businesses, which will occur over a period of several years. As the phased roll-out of the new ERP systems occurs,
the Company may experience changes in its internal control over financial reporting. No significant changes were
made to the Company’s current internal control over financial reporting as a result of the implementation of the new
ERP systems during the fiscal year ended September 30, 2012.
ITEM 9B OTHER INFORMATION
None.
PART III
The information required by Part III, Items 10, 11, 13 and 14, and certain of the information required by Item 12, is
incorporated herein by reference to the Company's Proxy Statement for its 2013 Annual Meeting of Shareholders
(fiscal 2012 Proxy Statement), dated and to be filed with the SEC on or about December 10, 2012, as follows:
ITEM 10 DIRECTORS, EXECUTIVE OFFICERS AND CORPORATE GOVERNANCE
Incorporated by reference to the sections entitled ―Q: Where can I find Corporate Governance materials for Johnson
Controls?,‖ ―Proposal One: Election of Directors,‖ ―Board Information,‖ ―Audit Committee Report‖ and ―Section
16(a) Beneficial Ownership Reporting Compliance‖ of the fiscal 2012 Proxy Statement. Required information on
executive officers of the Company appears at Part I, Item 4 of this report.
ITEM 11 EXECUTIVE COMPENSATION
Incorporated by reference to the sections entitled ―Board Information,‖ ―Compensation Committee Report,‖
―Compensation Discussion and Analysis,‖ ―Director Compensation during Fiscal Year 2012,‖ ―Potential Payments
and Benefits Upon Termination or Change of Control,‖ ―Johnson Controls Share Ownership‖ and ―Shareholder
Information Summary‖ of the fiscal 2012 Proxy Statement.
ITEM 12 SECURITY OWNERSHIP OF CERTAIN BENEFICIAL OWNERS AND MANAGEMENT AND
RELATED STOCKHOLDER MATTERS
Incorporated by reference to section entitled ―Securities Authorized for Issuance Under Equity Compensation Plans‖
under ―Proposal Four: Approve the Johnson Controls, Inc. 2012 Omnibus Incentive Plan‖ and the section entitled
―Johnson Controls Share Ownership‖ of the fiscal 2012 Proxy Statement.
ITEM 13 CERTAIN RELATIONSHIPS AND RELATED TRANSACTIONS, AND DIRECTOR
INDEPENDENCE
Incorporated by reference to sections entitled ―Board Information – Board Independence‖ and ―Board Information –
Related Person Transactions‖ of the fiscal 2012 Proxy Statement.
ITEM 14 PRINCIPAL ACCOUNTING FEES AND SERVICES
Incorporated by reference to the section entitled ―Relationship with Independent Auditors‖ under ―Audit Committee
Report‖ of the fiscal 2012 Proxy Statement.