Johnson Controls 2013 Annual Report Download - page 51

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51
fiscal 2013 third quarter net income includes $143 million of significant restructuring and impairment costs and a $29
million gain on business divestitures in the Automotive Experience Seating segment. The fiscal 2013 fourth quarter net
income includes $758 million of significant restructuring and impairment costs, a $476 million gain on divestiture of the
HomeLink® product line net of transaction costs in the Automotive Experience Electronics segment, $405 million of net
mark-to-market gains on pension and postretirement plans, a $69 million pension settlement gain and a $22 million loss
on business divestiture including transaction costs in the Building Efficiency Other segment. The preceding amounts are
stated on a pre-tax basis.
(4) The fiscal 2012 first quarter net income includes a $25 million gain on redemption of a warrant for an existing Power
Solutions partially-owned affiliate. The fiscal 2012 second quarter net income includes a $35 million gain on business
divestitures net of transaction costs in the Building Efficiency business and a $14 million impairment of an equity investment
in the Power Solutions segment. The fiscal 2012 third quarter net income includes $52 million of significant restructuring
and impairment costs. The fiscal 2012 fourth quarter net income includes $447 million of net mark-to-market charges on
pension and postretirement plans and $245 million of significant restructuring and impairment costs. The preceding amounts
are stated on a pre-tax basis.
(5) Due to the use of the weighted-average shares outstanding for each quarter for computing earnings per share, the sum of
the quarterly per share amounts may not equal the per share amount for the year.
ITEM 7A QUANTITATIVE AND QUALITATIVE DISCLOSURES ABOUT MARKET RISK
See “Risk Management” included in Item 7 - Management’s Discussion and Analysis of Financial Condition and Results of
Operations.
ITEM 8 FINANCIAL STATEMENTS AND SUPPLEMENTARY DATA
Index to Consolidated Financial Statements
Page
Consolidated Statements of Comprehensive Income (Loss) for the years ended September 30, 2013,
2012 and 2011 55
Report of Independent Registered Public Accounting Firm 52
Consolidated Statements of Income for the years ended September 30, 2013, 2012 and 2011 54
Consolidated Statements of Financial Position as of September 30, 2013 and 2012 56
Consolidated Statements of Cash Flows for the years ended September 30, 2013, 2012 and 2011 57
Consolidated Statements of Shareholders’ Equity Attributable to Johnson Controls, Inc. for the years
ended September 30, 2013, 2012 and 2011 58
Notes to Consolidated Financial Statements 59
Schedule II - Valuation and Qualifying Accounts 109