JOHNSON CONTROLS INTERNATIONAL PLC, 10-Q filed on 2/4/2026
Quarterly Report
v3.25.4
Cover
3 Months Ended
Dec. 31, 2025
shares
Document Information [Line Items]  
Document Type 10-Q
Document Quarterly Report true
Document Period End Date Dec. 31, 2025
Document Transition Report false
Entity File Number 001-13836
Entity Registrant Name JOHNSON CONTROLS INTERNATIONAL PLC
Entity Incorporation, State or Country Code L2
Entity Tax Identification Number 98-0390500
Entity Address, Address Line One One Albert Quay
Entity Address, City or Town Cork
Entity Address, Country IE
Entity Address, Postal Zip Code T12 X8N6
City Area Code 353
Local Phone Number 21-423-5000
Entity Current Reporting Status Yes
Entity Interactive Data Current Yes
Entity Filer Category Large Accelerated Filer
Entity Emerging Growth Company false
Entity Small Business false
Entity Shell Company false
Entity Common Stock, Shares Outstanding 612,004,462
Entity Central Index Key 0000833444
Current Fiscal Year End Date --09-30
Document Fiscal Year Focus 2026
Document Fiscal Period Focus Q1
Amendment Flag false
Ordinary Shares, Par Value $0.01  
Document Information [Line Items]  
Title of 12(b) Security Ordinary Shares, Par Value $0.01
Trading Symbol JCI
Security Exchange Name NYSE
Notes 3.900 Percent Due 2026 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 3.900% Notes due 2026
Trading Symbol JCI26A
Security Exchange Name NYSE
0.375% Senior Notes due 2027  
Document Information [Line Items]  
Title of 12(b) Security 0.375% Senior Notes due 2027
Trading Symbol JCI27
Security Exchange Name NYSE
3.000% Senior Notes due 2028  
Document Information [Line Items]  
Title of 12(b) Security 3.000% Senior Notes due 2028
Trading Symbol JCI28
Security Exchange Name NYSE
5.500% Senior Notes due 2029  
Document Information [Line Items]  
Title of 12(b) Security 5.500% Senior Notes due 2029
Trading Symbol JCI29
Security Exchange Name NYSE
1.750% Senior Notes due 2030  
Document Information [Line Items]  
Title of 12(b) Security 1.750% Senior Notes due 2030
Trading Symbol JCI30
Security Exchange Name NYSE
2.000% Sustainability-Linked Senior Notes due 2031  
Document Information [Line Items]  
Title of 12(b) Security 2.000% Sustainability-Linked Senior Notes due 2031
Trading Symbol JCI31
Security Exchange Name NYSE
1.000% Senior Notes due 2032  
Document Information [Line Items]  
Title of 12(b) Security 1.000% Senior Notes due 2032
Trading Symbol JCI32
Security Exchange Name NYSE
4.900% Senior Notes due 2032  
Document Information [Line Items]  
Title of 12(b) Security 4.900% Senior Notes due 2032
Trading Symbol JCI32A
Security Exchange Name NYSE
3.125% Senior Notes due 2033  
Document Information [Line Items]  
Title of 12(b) Security 3.125% Senior Notes due 2033
Trading Symbol JCI33
Security Exchange Name NYSE
Notes 4.250 Percent Due 2035 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 4.250% Senior Notes due 2035
Trading Symbol JCI35
Security Exchange Name NYSE
Notes 6.000 Percent Due 2036 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 6.000% Notes due 2036
Trading Symbol JCI36A
Security Exchange Name NYSE
Notes 5.700 Percent Due 2041 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 5.70% Senior Notes due 2041
Trading Symbol JCI41B
Security Exchange Name NYSE
Notes 5.250 Percent Due 2041 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 5.250% Senior Notes due 2041
Trading Symbol JCI41C
Security Exchange Name NYSE
Notes 4.625 Percent due 2044 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 4.625% Senior Notes due 2044
Trading Symbol JCI44A
Security Exchange Name NYSE
Notes 5.125 Percent Due 2045 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 5.125% Notes due 2045
Trading Symbol JCI45B
Security Exchange Name NYSE
Debentures 6.950 Percent Due December 1, 2045 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 6.950% Debentures due December 1, 2045
Trading Symbol JCI45A
Security Exchange Name NYSE
Notes 4.500 Percent Due 2047 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 4.500% Senior Notes due 2047
Trading Symbol JCI47
Security Exchange Name NYSE
Notes 4.950 Percent Due 2064 [Member]  
Document Information [Line Items]  
Title of 12(b) Security 4.950% Senior Notes due 2064
Trading Symbol JCI64A
Security Exchange Name NYSE
v3.25.4
Consolidated Statements of Income - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Net sales $ 5,797 $ 5,426
Cost of sales 3,723 3,500
Gross profit 2,074 1,926
Selling, general and administrative expenses 1,221 1,399
Restructuring and impairment costs 87 33
Net financing charges 59 86
Equity income 1 0
Income from continuing operations before income taxes 708 408
Income tax provision 152 47
Income from continuing operations 556 361
Income (loss) from discontinued operations, net of tax (31) 90
Net income 525 451
Income (loss) attributable to noncontrolling interests    
Continuing operations 1 (2)
Discontinued operations 0 34
Net income attributable to Johnson Controls 524 419
Income (loss) attributable to Johnson Controls    
Continuing operations 555 363
Discontinued operations $ (31) $ 56
Basic earnings (loss) per share attributable to Johnson Controls    
Basic earnings per share attributable to Johnson Controls, Continuing operations (in dollars per share) $ 0.91 $ 0.55
Basic earnings per share attributable to Johnson Controls, Discontinued operations (in dollars per share) (0.05) 0.08
Basic (in dollars per share) 0.86 0.63
Diluted earnings (loss) per share attributable to Johnson Controls    
Diluted earnings per share attributable to Johnson Controls, Continuing operations (in dollars per share) 0.90 0.55
Diluted earnings per share attributable to Johnson Controls, Discontinued operations (in dollars per share) (0.05) 0.08
Diluted (in dollars per share) $ 0.85 $ 0.63
Products and systems    
Net sales $ 3,892 $ 3,685
Cost of sales 2,648 2,456
Services    
Net sales 1,905 1,741
Cost of sales $ 1,075 $ 1,044
v3.25.4
Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Statement of Comprehensive Income [Abstract]    
Net income $ 525 $ 451
Other comprehensive income (loss), net of tax:    
Foreign currency translation adjustments 6 (146)
Other 6 11
Other comprehensive income (loss) 12 (135)
Total comprehensive income 537 316
Comprehensive income (loss) attributable to noncontrolling interests 2 (23)
Comprehensive income attributable to Johnson Controls $ 535 $ 339
v3.25.4
Consolidated Statements of Financial Position - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Assets    
Cash and cash equivalents $ 552 $ 379
Accounts receivable, less allowance for expected credit losses of $177 and $205, respectively 6,190 6,269
Inventories 1,932 1,820
Current assets held for sale 20 14
Other current assets 1,747 1,680
Current assets 10,441 10,162
Property, plant and equipment - net 2,130 2,193
Goodwill 16,610 16,633
Other intangible assets - net 3,550 3,613
Noncurrent assets held for sale 109 140
Other noncurrent assets 5,143 5,198
Total assets 37,983 37,939
Liabilities and Equity    
Short-term debt 436 723
Current portion of long-term debt 568 566
Accounts payable 3,614 3,614
Accrued compensation and benefits 891 1,268
Deferred revenue 2,542 2,470
Current liabilities held for sale 13 12
Other current liabilities 2,437 2,288
Current liabilities 10,501 10,941
Long-term debt 8,701 8,591
Pension and postretirement benefit obligations 201 211
Noncurrent liabilities held for sale 14 9
Other noncurrent liabilities 5,333 5,233
Noncurrent liabilities 14,249 14,044
Commitments and contingencies (Note 18)
Ordinary shares, $0.01 par value 6 6
Ordinary A shares, €1.00 par value 0 0
Preferred shares, $0.01 par value 0 0
Ordinary shares held in treasury, at cost (1,351) (1,302)
Capital in excess of par value 14,902 14,865
Retained earnings 278 0
Accumulated other comprehensive loss (631) (642)
Shareholders’ equity attributable to Johnson Controls 13,204 12,927
Noncontrolling interests 29 27
Total equity 13,233 12,954
Total liabilities and equity $ 37,983 $ 37,939
v3.25.4
Consolidated Statements of Financial Position (Parenthetical)
$ in Millions
Dec. 31, 2025
USD ($)
$ / shares
Dec. 31, 2025
€ / shares
Sep. 30, 2025
USD ($)
$ / shares
Sep. 30, 2025
€ / shares
Accounts receivable, allowance for credit loss, current | $ $ 177   $ 205  
Ordinary shares, par value (in dollars per share) $ 0.01   $ 0.01  
Preferred shares, par value (in dollars per share) $ 0.01   $ 0.01  
Common Class A        
Ordinary shares, par value (in dollars per share) | € / shares   € 1.00   € 1.00
v3.25.4
Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Operating Activities of Continuing Operations    
Net income attributable to Johnson Controls $ 555 $ 363
Attributable to noncontrolling interests 1 (2)
Total 556 361
Adjustments to reconcile net income to cash provided by operating activities of continuing operations:    
Depreciation and amortization 164 193
Pension and postretirement benefits (12) (16)
Deferred income taxes 21 (54)
Noncash restructuring and impairment charges 60 8
Equity-based compensation 34 28
Gain on business divestiture (70) 0
Other - net 1 8
Changes in assets and liabilities:    
Accounts receivable 71 284
Inventories (112) (15)
Other assets 88 (171)
Restructuring reserves (3) 2
Accounts payable and accrued liabilities (175) (407)
Accrued income taxes (12) 28
Cash provided by operating activities from continuing operations 611 249
Investing Activities of Continuing Operations    
Capital expenditures (80) (116)
Divestiture of business, net of cash divested 207 0
Other - net (37) 11
Cash provided (used) by investing activities from continuing operations 90 (105)
Financing Activities of Continuing Operations    
Net proceeds (payments) from borrowings with maturities less than three months (186) 12
Proceeds from debt 116 1,369
Repayments of debt (101) (594)
Stock repurchases and retirements 0 (330)
Payment of cash dividends (245) (245)
Employee equity-based compensation withholding taxes (49) (29)
Other - net 1 18
Cash provided (used) by investing activities from continuing operations (464) 201
Discontinued Operations    
Cash used by operating activities (67) (2)
Cash used by investing activities 0 (10)
Cash used by discontinued operations (67) (12)
Effect of exchange rate changes on cash, cash equivalents and restricted cash 5 154
Change in cash, cash equivalents and restricted cash held for sale 0 4
Increase in cash, cash equivalents and restricted cash 175 491
Cash, cash equivalents and restricted cash at beginning of period 398 767
Cash, cash equivalents and restricted cash at end of period 573 1,258
Cash, cash equivalents and restricted cash 573 1,258
Less: Restricted cash 21 21
Cash and cash equivalents at end of period $ 552 $ 1,237
v3.25.4
Consolidated Statements of Shareholders' Equity - USD ($)
$ in Millions
Total
Shareholders' Equity Attributable to Johnson Controls
Ordinary Shares
Ordinary Shares Held in Treasury, at Cost
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Shareholders' Equity Attributable to Noncontrolling Interests
Beginning Balance at Sep. 30, 2024   $ 16,098 $ 7 $ (1,268) $ 17,475 $ 848 $ (964) $ 1,263
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Employee equity-based compensation withholding taxes       (29)        
Share-based compensation expense         24      
Net income attributable to Johnson Controls $ 451         419    
Cash dividends declared           (246)    
Repurchases and retirements of ordinary shares           (330)    
Other comprehensive income (loss) 316           (80) (23)
Dividends               (13)
Other, including options exercised         44     3
Ending Balance at Dec. 31, 2024 $ 17,130 15,900 7 (1,297) 17,543 691 (1,044) 1,230
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cash Dividends Declared per Ordinary Share (in dollars per share) $ 0.37              
Beginning Balance at Sep. 30, 2025 $ 12,954 12,927 6 (1,302) 14,865 0 (642) 27
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Employee equity-based compensation withholding taxes       (49)        
Share-based compensation expense         29      
Net income attributable to Johnson Controls 525         524    
Cash dividends declared           (246)    
Repurchases and retirements of ordinary shares           0    
Other comprehensive income (loss) 537           11 2
Dividends               0
Other, including options exercised         8     0
Ending Balance at Dec. 31, 2025 $ 13,233 $ 13,204 $ 6 $ (1,351) $ 14,902 $ 278 $ (631) $ 29
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Cash Dividends Declared per Ordinary Share (in dollars per share) $ 0.40              
v3.25.4
Basis of Presentation
3 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Basis of Presentation BASIS OF PRESENTATION
The consolidated financial statements include the consolidated accounts of Johnson Controls International plc, a public limited company organized under the laws of Ireland, and its subsidiaries (Johnson Controls International plc and all its subsidiaries, hereinafter collectively referred to as the "Company" or "Johnson Controls"). In the opinion of management, the accompanying unaudited consolidated financial statements contain all adjustments (which include normal recurring adjustments) necessary to state fairly the financial position, results of operations and cash flows for the periods presented. Certain information and footnote disclosures normally included in financial statements prepared in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP") have been omitted pursuant to the rules and regulations of the United States Securities and Exchange Commission ("SEC"). These consolidated financial statements should be read in conjunction with the audited financial statements and notes thereto included in the Company's Annual Report on Form 10-K for the year ended September 30, 2025 filed with the SEC on November 14, 2025. The results of operations for the three month period ended December 31, 2025 is not necessarily indicative of results for the Company’s 2026 fiscal year because of seasonal and other factors.

On April 1, 2025, the Company realigned into three reportable segments (Americas, EMEA and APAC) from four reportable segments (Global Products, Building Solutions North America, Building Solutions EMEA/LA and Building Solutions APAC). Historical information has been recast to present the comparative periods on a consistent basis. Refer to Note 16, "Segment Information," of the notes to the consolidated financial statements for further disclosure.

Nature of Operations

Johnson Controls International plc, headquartered in Cork, Ireland, a global technology leader in energy efficiency, decarbonization, thermal management and mission-critical performance, helps customers use energy more productively, reduce carbon emissions, and operate with the precision and resilience required in rapidly expanding industries such as data centers, healthcare, pharmaceuticals, advanced manufacturing, and higher education.
The Company is a global leader in engineering, manufacturing, commissioning and retrofitting building products and systems, including commercial heating, ventilating, air-conditioning ("HVAC") equipment, industrial refrigeration systems, controls, security systems, fire-detection systems and fire-suppression solutions. The Company further serves customers by providing technical services, including maintenance, management, repair, retrofit and replacement of equipment (in the HVAC, industrial refrigeration, controls, security and fire-protection space) and energy-management consulting. The Company partners with customers by leveraging its broad product portfolio and digital capabilities, together with its direct channel capabilities, to deliver solutions and services addressing distinct and diverse operating environments and regulatory requirements that address customers’ needs in their core missions.

Principles of Consolidation

The consolidated financial statements include the consolidated accounts of Johnson Controls International plc and its subsidiaries in conformity with U.S. GAAP. The results of companies acquired or disposed of during the reporting period are included in the consolidated financial statements from the effective date of acquisition or up to the date of disposal. Investments in partially-owned affiliates are accounted for by the equity method when the Company exercises significant influence, which typically occurs when its ownership interest exceeds 20%, and the Company does not have a controlling interest.

Prior Period Revision – Statement of Cash Flows
Amounts reported as "Repayments of debt" and "Proceeds from debt" have been revised for certain short-term debt transactions that occurred in the three months ended December 31, 2024 and were incorrectly presented on a net basis within the financing activities section of the consolidated statements of cash flows. A similar revision for the periods ended March 31, 2025 and June 30, 2025 will be included in future Quarterly Reports on Form 10-Q. Cash provided by financing activities and the total increase (decrease) in cash, cash equivalents and restricted cash were unchanged for all affected periods. The Company does not consider the incorrect presentation to be material to any periods impacted.
v3.25.4
New Accounting Standards
3 Months Ended
Dec. 31, 2025
Accounting Standards Update and Change in Accounting Principle [Abstract]  
New Accounting Standards NEW ACCOUNTING STANDARDS
Recently Adopted Accounting Pronouncements

In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures," which is intended to improve reportable segment disclosures, primarily through enhanced disclosures about significant segment expenses. In addition, the amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities with a single reportable segment and contain other disclosure requirements. The Company adopted the new annual disclosures as required for fiscal 2025 and the interim disclosures as required in the first quarter of fiscal 2026. Refer to Note 16, "Segment Information," of the notes to consolidated financial statements for the Company's segment disclosures.

Recently Issued Accounting Pronouncements

In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," which is intended to enhance the transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. The amendments require that on an annual basis, entities disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. In addition, the amendments require that entities disclose additional information about income taxes paid as well as additional disclosures of pretax income and income tax expense, and remove the requirement to disclose certain items that are no longer considered cost beneficial or relevant. The Company expects to adopt the new annual disclosures as required for fiscal 2026.

In November 2024, the FASB issued ASU 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses," which is intended to enhance transparency into the nature and function of expenses. The amendments require that on an annual and interim basis, entities disclose disaggregated operating expense information about specific categories, including purchases of inventory, employee compensation, depreciation, amortization and depletion. The Company expects to adopt the new annual disclosures as required for fiscal 2028 and the interim disclosures as required beginning with the first quarter of fiscal 2029.

In September 2025, the FASB issued ASU 2025-06, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software," which is intended to increase the operability of the recognition guidance considering different methods of software development. The amendments remove all references to prescriptive and sequential software development stages (referred to as “project stages”) throughout Subtopic 350-40, and instead specify an entity is required to start capitalizing software costs when both of the following occur: (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed and the software will be used to perform the function intended (referred to as the “probable-to complete recognition threshold”). The Company expects to adopt the new guidance as required for fiscal 2029 and is evaluating the impact the new standard will have on its consolidated financial statements.

Other recently issued accounting pronouncements are not expected to have a material impact on the Company's consolidated financial statements.
v3.25.4
Divestitures
3 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Divestitures DIVESTITURES
ADT Mexico Security Business

On October 31, 2025, the Company completed the sale of its ADT Mexico Security business for net proceeds of $207 million. In connection with the sale, the Company recognized a pre-tax gain of $70 million within selling, general and administrative expenses in the consolidated statements of income.

The held for sale assets and liabilities in the consolidated balance sheet at September 30, 2025 included $154 million of assets and $21 million of liabilities associated with the ADT Mexico Security business as the Company determined that the held for sale criteria was met in the third quarter of 2025.

Assets and Liabilities Held for Sale

During the first quarter of fiscal 2026, the Company signed a definitive agreement to sell a component of its EMEA Security business and determined that it met the criteria to be classified as held for sale. As the estimated fair value less costs to sell was below its carrying value, the Company recorded non-cash impairment charges of $50 million within restructuring and impairment costs in the consolidated statements of income.

As of December 31, 2025, $106 million of assets and $19 million of liabilities associated with the business were separately presented in the consolidated statements of financial position. The remaining assets and liabilities classified as held for sale as of December 31, 2025 relate to other immaterial disposal groups.

The business did not meet the criteria to be classified as a discontinued operation as the divestiture does not represent a strategic shift that will have a major effect on the Company's operations and financial results. The transaction is expected to close in the second quarter of fiscal 2026.

Residential & Light Commercial ("R&LC") HVAC business

In 2024, the Company determined that the R&LC HVAC business, which was previously reported in the Global Products segment, met the criteria to be classified as discontinued operations as it represented a strategic shift in the Company's operations and resulted in the exit of substantially all of its residential and light commercial HVAC businesses. In July 2025, the Company completed the sale of its R&LC HVAC business.

The results of the R&LC HVAC business recorded in income from discontinued operations, net of tax, was a loss of $31 million for the three months ended December 31, 2025 associated with estimated post-closing working capital and net debt adjustments.
The following table summarizes the results of the R&LC HVAC business which were reported as discontinued operations (in millions) for the three months ended December 31, 2024:

Net sales$966 
Cost of goods sold731 
Gross profit235 
Selling, general and administrative expenses183 
Restructuring and impairment costs
Net financing charges(1)
Equity income65 
Income from discontinued operations before income taxes114 
Provision for income taxes on discontinued operations24 
Income from discontinued operations, net of tax90 
Income from discontinued operations attributable to noncontrolling interest, net of tax34 
Income from discontinued operations$56 
v3.25.4
Revenue Recognition
3 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Revenue Recognition REVENUE RECOGNITION
Disaggregated Revenue

The following table presents the Company's revenues disaggregated by segment and by Products & Systems and Services revenue (in millions):
Three Months Ended December 31,
20252024
Products & SystemsServicesTotalProducts & SystemsServicesTotal
Americas
$2,640 $1,203 $3,843 $2,536 $1,091 $3,627 
EMEA
762 499 1,261 700 457 1,157 
APAC
490 203 693 449 193 642 
Total$3,892 $1,905 $5,797 $3,685 $1,741 $5,426 

Contract Balances

Contract assets relate to the Company’s right to consideration for performance obligations satisfied but not billed. Contract liabilities relate to customer payments received in advance of satisfaction of performance obligations under the contract. Contract balances are classified as assets or liabilities on a contract-by-contract basis at the end of each reporting period. 

The following table presents the location and amount of contract balances in the Company's consolidated statements of financial position (in millions):
Location of contract balancesDecember 31, 2025September 30, 2025
Contract assets - currentAccounts receivable - net$2,343 $2,178 
Contract assets - noncurrentOther noncurrent assets
Contract liabilities - currentDeferred revenue2,542 2,470 
Contract liabilities - noncurrentOther noncurrent liabilities501 478 
For the three months ended December 31, 2025 and 2024, the Company recognized revenue of $1,004 million and $878 million, respectively, that was included in the contract liability balance at the end of the prior fiscal year.

Performance Obligations

Performance obligations are satisfied at a point in time or over time. The timing of satisfying the performance obligation is typically stipulated by the terms of the contract. As of December 31, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $24.5 billion, of which approximately 65% is expected to be recognized as revenue over the next two years. The remaining performance obligations expected to be recognized in revenue beyond two years primarily relate to large, multi-purpose construction contracts, which include services to be performed over the building's lifetime, with initial contract terms of 25 to 35 years. Future contract modifications could affect both the timing and the amount of the remaining performance obligations. The Company excludes the value of remaining performance obligations of service contracts with a duration of one year or less and open purchase orders from the indirect third-party sales channel that have a short cycle time (generally 60 days or less).

Costs to Obtain or Fulfill a Contract

The Company recognizes the incremental costs incurred to obtain or fulfill a contract with a customer as an asset when these costs are recoverable. These costs consist primarily of sales commissions and design costs that relate to a contract or an anticipated contract that the Company expects to recover. Costs to obtain or fulfill a contract are capitalized when incurred and amortized to expense over the period of contract performance.

The following table presents the location and amount of costs to obtain or fulfill a contract recorded in the Company's consolidated statements of financial position (in millions):

December 31, 2025September 30, 2025
Other current assets$320 $327 
Other noncurrent assets233 249 
Total$553 $576 

Amortization of costs to obtain or fulfill a contract was $102 million and $84 million during the three months ended December 31, 2025 and 2024, respectively.
v3.25.4
Inventories
3 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Inventories INVENTORIES
Inventories consisted of the following (in millions):

December 31, 2025September 30, 2025
Raw materials and supplies$797 $716 
Work-in-process138 132 
Finished goods997 972 
Inventories$1,932 $1,820 
v3.25.4
Goodwill and Other Intangible Assets
3 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Goodwill and Other Intangible Assets GOODWILL AND OTHER INTANGIBLE ASSETS
The following table summarizes changes in the carrying amount of goodwill in each of the Company’s reportable segments (in millions):
Three Months Ended December 31, 2025
AmericasEMEAAPACTotal
Goodwill$14,092 $2,388 $1,348 $17,828 
Accumulated impairment loss(918)(277)— (1,195)
Balance at beginning of period13,174 2,111 1,348 16,633 
Foreign currency translation and other (1)
20 (41)(2)(23)
Balance at end of period$13,194 $2,070 $1,346 $16,610 
(1) Includes the allocation of $38 million of goodwill from an EMEA reporting unit to the disposal group classified as held for sale. Refer to Note 3, "Divestitures" of the notes to the consolidated financial statements for further information.

Other intangible assets, primarily from business acquisitions, consisted of (in millions):
 December 31, 2025September 30, 2025
 Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Definite-lived intangible assets
Technology$1,204 $(741)$463 $1,197 $(714)$483 
Customer relationships2,023 (1,312)711 2,026 (1,272)754 
Miscellaneous936 (535)401 910 (511)399 
4,163 (2,588)1,575 4,133 (2,497)1,636 
Indefinite-lived intangible assets
Trademarks/trade names1,975 — 1,975 1,977 — 1,977 
Total intangible assets$6,138 $(2,588)$3,550 $6,110 $(2,497)$3,613 
Amortization of other intangible assets included within continuing operations for the three months ended December 31, 2025 and 2024 was $87 million and $120 million, respectively.
v3.25.4
Supplemental Cash Flow Disclosures
3 Months Ended
Dec. 31, 2025
Supplemental Cash Flow Elements [Abstract]  
Supplemental Cash Flow Disclosures SUPPLEMENTAL CASH FLOW DISCLOSURES
The following table presents supplemental noncash operating lease activity (in millions):
Three Months Ended December 31,
20252024
Right-of-use assets obtained in exchange for operating lease liabilities$104 $130 
v3.25.4
Supply Chain Financing
3 Months Ended
Dec. 31, 2025
Payables and Accruals [Abstract]  
Supplier Finance Program SUPPLY CHAIN FINANCING
The Company maintains agreements with third-party financial institutions who offer voluntary supply chain financing ("SCF") programs to its suppliers. The SCF programs enable suppliers to sell their receivables to third-party financial institutions and receive payments earlier than the negotiated commercial terms between the suppliers and the Company, which generally range from 90 to 120 days. Suppliers sell receivables to third-party financial institutions on terms negotiated between the supplier and the respective third-party financial institution. The Company remains obligated to make payments under the terms of the original commercial arrangement regardless of whether the supplier receivable is sold, and does not pledge any assets as security or provide other forms of guarantees for the committed payment to the third-party financial institutions.
Amounts outstanding related to SCF programs are included in accounts payable in the consolidated statements of financial position. Accounts payable included in the SCF programs were approximately $910 million and $835 million as of December 31, 2025 and September 30, 2025, respectively.
v3.25.4
Debt and Financing Arrangements
3 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Debt and Financing Arrangements DEBT AND FINANCING ARRANGEMENTS
Short-term debt consisted of the following (in millions):
 December 31, 2025September 30, 2025
Commercial paper$200 $400 
Term loans236 320 
Bank borrowings— 
$436 $723 
Weighted average interest rate on short-term debt outstanding4.3 %4.5 %

As of December 31, 2025, the Company had an outstanding syndicated committed revolving credit facility of $2.5 billion which is scheduled to expire in December 2028. There were no draws on the facility as of December 31, 2025.

The following table presents the Company's net financing charges (in millions):
Three Months Ended December 31,
(in millions)20252024
Interest expense, net of capitalized interest costs$42 $67 
Other financing charges
Interest income(2)(3)
Net foreign exchange results for financing activities12 16 
Net financing charges$59 $86 

Net financing charges includes pre-tax losses on derivatives not designated as hedging instruments of $155 million and $144 million for the three months ended December 31, 2025 and 2024, respectively, which are offset by gains resulting from changes in foreign exchange rates on underlying exposures during those periods.
v3.25.4
Fair Value Measurements
3 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Fair Value Measurements FAIR VALUE MEASUREMENTS
ASC 820, "Fair Value Measurement," defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a three-level fair value hierarchy that prioritizes information used in developing assumptions when pricing an asset or liability as follows:

Level 1: Observable inputs such as quoted prices in active markets for identical assets or liabilities;

Level 2: Quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and

Level 3: Unobservable inputs where there is little or no market data, which requires the reporting entity to develop its own assumptions.

ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.

Recurring Fair Value Measurements

The following tables present the Company’s fair value hierarchy for those assets and liabilities measured at fair value (in millions):
 Fair Value Measurements Using:
 Total as of
December 31, 2025
Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Other current assets
Derivatives
$26 $— $26 $— 
Other noncurrent assets
Deferred compensation plan assets64 64 — — 
Exchange traded funds (fixed income)(1)
72 72 — — 
Exchange traded funds (equity)(1)
219 219 — — 
Total assets$381 $355 $26 $— 
Other current liabilities
Derivatives
$62 $— $62 $— 
Contingent earn-out liabilities19 — — 19 
Total liabilities$81 $— $62 $19 
(1) Classified as restricted investments for payment of asbestos liabilities. See Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further details.
 Fair Value Measurements Using:

Total as of September 30, 2025Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Other current assets
Derivatives
$15 $— $15 $— 
Other noncurrent assets
Deferred compensation plan assets63 63 — — 
Exchange traded funds (fixed income)(1)
73 73 — — 
Exchange traded funds (equity)(1)
217 217 — — 
Total assets$368 $353 $15 $— 
Other current liabilities
Derivatives
$24 $— $24 $— 
Contingent earn-out liabilities19 — — 19 
Total liabilities$43 $— $24 $19 
(1) Classified as restricted investments for payment of asbestos liabilities. See Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further details.

Net Investment Hedges

The Company enters into foreign-currency-denominated debt obligations in order to manage foreign currency translation risk associated with normal operations. The carrying value of foreign operations translates on a recurring basis using the exchange rate at the end of the applicable period and approximates its fair value. As of both December 31, 2025 and September 30, 2025, the Company had designated debt obligations of €2.9 billion and ¥30 billion as partial hedges of its investments in certain euro-denominated and yen-denominated subsidiaries.

The fair value of foreign-currency-denominated debt was $3.5 billion as of December 31, 2025 and $3.6 billion as of September 30, 2025. The currency effects of the debt obligations are reflected in the accumulated other comprehensive income ("AOCI") account within shareholders' equity attributable to Johnson Controls ordinary shareholders where they offset gains and losses recorded on the Company’s net investments globally.

Pre-tax gains on net investment hedges recorded as foreign currency translation adjustments ("CTA") within other comprehensive income (loss) were $16 million and $238 million for the three months ended December 31, 2025 and 2024, respectively.

Valuation Methods

Contingent earn-out liabilities: The contingent earn-out liabilities were established using a Monte Carlo simulation based on the forecasted operating results and the earn-out formula specified in the purchase agreements.

Deferred compensation plan assets: Assets held in the deferred compensation plans will be used to pay benefits under certain of the Company's non-qualified deferred compensation plans. The investments primarily consist of mutual funds which are publicly traded on stock exchanges and are valued using a market approach based on the quoted market prices. Unrealized gains (losses) on the deferred compensation plan assets are recognized in the consolidated statements of income where they offset unrealized gains and losses on the related deferred compensation plan liability.

Derivatives: The derivatives are valued under a market approach using publicly available prices, where available, or dealer quotes.
Exchange traded funds: Investments in exchange traded funds are valued using a market approach based on quoted market prices, where available, or broker/dealer quotes of identical or comparable instruments. Refer to Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further information.

Unrealized gains (losses) recognized in the consolidated statements of income that relate to equity securities still held at December 31, 2025 and 2024 were $4 million and $(2) million for the three months ended December 31, 2025 and 2024, respectively.

The fair values of cash and cash equivalents, accounts receivable, short-term debt and accounts payable approximate their carrying values.

The fair value of long-term debt at December 31, 2025 and September 30, 2025 was as follows (in billions):
December 31,September 30,
20252025
Public debt$8.4 $8.4 
Other long-term debt0.6 0.5 
Total fair value of long-term debt$9.0 $8.9 
The fair value of public debt was determined primarily using market quotes which are classified as Level 1 inputs within the ASC 820 fair value hierarchy. The fair value of other long-term debt was determined using quoted market prices for similar instruments and are classified as Level 2 inputs within the ASC 820 fair value hierarchy.
v3.25.4
Weighted Average Shares Outstanding
3 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Weighted Average Shares Outstanding WEIGHTED AVERAGE SHARES OUTSTANDING
The following table reconciles shares used to calculate basic and diluted earnings per share (in millions):
Three Months Ended
December 31,
 20252024
Weighted Average Shares Outstanding
Basic weighted average shares outstanding611 662 
Effect of dilutive securities:
Stock options, unvested restricted stock and
     unvested performance share awards
Diluted weighted average shares outstanding614 665 
Antidilutive Securities
Stock options and unvested restricted stock— — 
v3.25.4
Accumulated Other Comprehensive Income (Loss)
3 Months Ended
Dec. 31, 2025
Stockholders' Equity Note [Abstract]  
Accumulated Other Comprehensive Income (Loss) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)
The following table includes changes in AOCI attributable to Johnson Controls (in millions):
Three Months Ended
December 31,
20252024
Foreign currency translation adjustments
Balance at beginning of period$(638)$(956)
Aggregate adjustment for the period(85)
Balance at end of period(633)(1,041)
Other
Balance at beginning of period(4)(8)
Current period changes in fair value10 
Reclassification to income
(4)(2)
Net tax impact— (1)
Balance at end of period(3)
Accumulated other comprehensive loss, end of period$(631)$(1,044)
v3.25.4
Pension and Postretirement Plans
3 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Pension and Postretirement Plans PENSION AND RETIREMENT PLANS
The components of net periodic benefit cost (credit) associated with defined benefit pension and postretirement plans, which are primarily recorded in selling, general and administrative expenses in the consolidated statements of income, are shown in the table below (in millions):
Three Months Ended
December 31,
 20252024
Service cost$$
Interest cost3233
Expected return on plan assets(44)(46)
Amortization of prior service credit
(1)(1)
Net periodic benefit credit$(9)$(10)
v3.25.4
Restructuring and Related Costs
3 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs RESTRUCTURING AND RELATED COSTS
To better align its resources with its growth strategies and reduce the cost structure of its global operations in certain underlying markets, the Company commits to restructuring plans as necessary. Restructuring activities generally result in charges for workforce reductions, plant closures, asset impairments and other related costs which are reported as restructuring and impairment costs in the Company’s consolidated statements of income. The Company expects the restructuring actions to reduce cost of sales and SG&A due to reduced employee-related costs, depreciation and amortization expense.

During the fourth quarter of fiscal 2024, the Company committed to a multi-year restructuring plan to address stranded costs and further right-size its global operations as a result of portfolio simplification actions. It is expected that the plan will be completed in fiscal 2027 and the Company will incur one-time restructuring costs, including severance and other
employee termination benefits, contract termination costs, and certain other related cash and non-cash charges, totaling approximately $400 million.

The following table summarizes restructuring and related costs (in millions):
 Three Months Ended December 31, 2025
Inception to December 31, 2025
Americas$$60 
EMEA11 60 
APAC20 
Corporate14 61 
Total $37 $201 

The following table summarizes changes in the reserve under the Company's restructuring plan announced in the fourth quarter of fiscal 2024, which is included within other current liabilities in the consolidated statements of financial position (in millions):

Employee Severance and Termination BenefitsLong-Lived Asset ImpairmentsOtherTotal
Balance at September 30, 2025
$39 $— $$44 
Restructuring and related costs25 10 37 
Utilized—cash(28)— (2)(30)
Utilized—noncash— (10)— (10)
Other— 
Balance at December 31, 2025
$39 $— $$46 
v3.25.4
Income Taxes
3 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Income Taxes INCOME TAXES
In calculating the provision for income taxes, the Company uses an estimate of the annual effective tax rate based upon the facts and circumstances known at each interim period. On a quarterly basis, the actual effective tax rate is adjusted, as appropriate, based upon changed facts and circumstances, if any, as compared to those forecasted at the beginning of the fiscal year and each interim period thereafter.

The statutory tax rate in Ireland is being used as a comparison since the Company is domiciled in Ireland.

For the three months ended December 31, 2025, the Company's effective tax rate for continuing operations was 21.4% and was higher than the statutory tax rate of 12.5% primarily due to the tax impact of the water systems Aqueous Film Forming Foam ("AFFF") insurance proceeds, the tax impact of current and planned divestitures, and tax rate differentials, partially offset by the benefits of continuing global tax planning.

For the three months ended December 31, 2024, the Company's effective tax rate for continuing operations was 11.5% and was lower than the statutory tax rate of 12.5% primarily due to the benefits of continuing global tax planning, partially offset by tax rate differentials.

Refer to Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further disclosure related to the water systems AFFF settlement.
Uncertain Tax Positions

At September 30, 2025, the Company had gross tax-effected unrecognized tax benefits of $1.9 billion, of which $1.4 billion, if recognized, would impact the effective tax rate. Accrued interest, net at September 30, 2025 was approximately $459 million (net of tax benefit). Interest accrued during the three months ended December 31, 2025 and 2024 was approximately $30 million and $28 million (both net of tax benefit), respectively. The Company recognizes interest and penalties related to unrecognized tax benefits as a component of income tax expense.

In the U.S., fiscal years 2019 through 2020 are currently under audit and fiscal years 2017 through 2018 are currently under appeal with the Internal Revenue Service (“IRS”) for certain legal entities. Additionally, the Company is currently under exam in the following major non-U.S. jurisdictions:
Tax JurisdictionTax Years Covered
Belgium
2016 - 2017; 2019 - 2020
Germany
2007 - 2021
Mexico
2016; 2018 - 2019
United Kingdom
2014 - 2015; 2018; 2020 - 2021
It is reasonably possible that certain tax examinations and/or tax litigation will conclude within the next twelve months, which could have a material impact on tax expense. Based upon the circumstances surrounding these examinations, the impact is not currently quantifiable.
v3.25.4
Segment Information
3 Months Ended
Dec. 31, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Segment Information SEGMENT INFORMATION
On April 1, 2025, the Company, as part of ongoing initiatives to drive simplification, accelerate growth, better reflect its organizational and operational structure and align with the manner in which the Company's chief operating decision maker assesses performance and makes decisions regarding the allocation of resources following portfolio simplification actions, realigned into three reportable segments (Americas, EMEA and APAC).

The Company conducts its business through three operating segments, all of which are reportable segments:

Americas, which designs, manufactures, sells, installs and services HVAC, controls, building management, refrigeration, integrated electronic security systems, integrated fire detection and suppression systems, and digital (software) solutions for commercial, industrial, data center, institutional and governmental customers in the Americas (United States, Canada, and Latin America – Central and South America). Americas also provides energy efficiency solutions and technical services, including inspection, scheduled maintenance, and repair and replacement of mechanical and control systems, as well as data-driven "smart building" solutions, to the Americas marketplace.

EMEA, which designs, manufactures sells, installs and services HVAC, controls, building management, refrigeration, integrated electronic security systems, integrated fire detection and suppression systems, and digital (software) solutions for commercial, residential security (Global Subscriber business), industrial, data center, institutional, governmental, and marine customers and provides technical services, including data-driven “smart building” solutions, to markets in Europe, the Middle East and Africa.

APAC, which designs, manufactures, sells, installs, and services HVAC, controls, building management, refrigeration, integrated electronic security systems, integrated fire detection and suppression systems, and digital (software) solutions for commercial, industrial, data center, institutional, and governmental customers and provides technical services, including data-driven “smart building” solutions, to the Asian and Pacific marketplace.
The Chief Executive Officer, the Company’s chief operating decision maker ("CODM"), evaluates the performance of its segments and allocates resources based on two profitability measures, Segment EBITA and Segment EBIT:

Segment earnings before interest, taxes, and amortization (“EBITA”) represents income from continuing operations, before income taxes and noncontrolling interests, excluding corporate expenses, restructuring and impairment costs, AFFF related settlement costs and insurance recoveries, gains or losses on divestitures, net mark-to-market gains and losses related to pension and postretirement plans and restricted asbestos investments, net finance charges, and amortization. Segment EBITA is used as a tool to allow the CODM to evaluate the recurring profitability of the segments, including revenues and expenses that are within the operational control of the segments, and excluding the impact of certain non-cash and non-recurring items. Segment EBITA also provides the CODM with performance comparability across periods and for more accurate benchmarking against peer companies that may not have similar historical acquisition activity, by holding constant the impact of significant acquisitions.

Segment earnings before interest and taxes ("EBIT") represents Segment EBITA, adding back the impact of amortization of intangible assets. Segment EBIT allows the CODM to review profitability, inclusive of the impact of significant acquisition activity, informing the CODM of how the business is integrating key strategic initiatives and generating synergies.

Both EBITA and EBIT are reviewed by the CODM and compared against the profit plan and forecast for the current and prior year. Segment EBITA and Segment EBIT are not defined under GAAP and may not be comparable to similarly titled measures used by other companies. Measures of total assets by reportable segment are not provided to the CODM. Therefore, asset information by segment is not disclosed.

Financial information relating to the Company’s reportable segments is as follows (in millions):

 Three Months Ended December 31, 2025
 
Americas
EMEA
APAC
Net sales$3,843 $1,261 $693 
Cost of sales2,429808441
Selling, general and administrative expenses ("SG&A")794295136
Equity loss— — (1)
Segment EBITA620158117
Amortization of intangible assets
76 
Segment EBIT$544 $151 $113 
Depreciation included in Cost of sales and SG&A$33 $$
 Three Months Ended December 31, 2024
 
Americas
EMEA
APAC
Net sales$3,627 $1,157 $642 
Cost of sales2,278754404
SG&A760267148
Segment EBITA58913690
Amortization of intangible assets
95 20 
Segment EBIT$494 $116 $85 
Depreciation included in Cost of sales and SG&A$33 $$
A reconciliation of segment EBIT and segment EBITA to consolidated income before income taxes is as follows (in millions):
 Three Months Ended December 31,
 20252024
Segment EBITA$895 $815 
Amortization of intangible assets87 120 
Segment EBIT808 695 
Corporate expenses156 171 
Restructuring and impairment costs87 33 
Water systems AFFF insurance recoveries (1)
(130)(4)
Net financing charges59 86 
Gain on divestiture(70)— 
Net mark-to-market adjustments(2)
Income from continuing operations before income taxes$708 $408 

(1) Refer to Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further disclosure related to the water systems AFFF settlement.
v3.25.4
Guarantees
3 Months Ended
Dec. 31, 2025
Guarantees [Abstract]  
Guarantees GUARANTEES
Certain of the Company's subsidiaries at the business segment level guarantee the performance of third parties and provide financial guarantees for uncompleted work and financial commitments. The terms of these guarantees vary with end dates ranging from the current fiscal year through the completion of such transactions and would typically be triggered in the event of nonperformance. Performance under the guarantees, if required, would not have a material effect on the Company's financial position, results of operations or cash flows.

The Company offers warranties to its customers depending upon the specific product and terms of the customer purchase agreement. Generally, the Company's warranties require the repair or replacement of defective products within a specified time period from the date of sale. The Company records an estimate for future warranty-related costs based on actual historical costs to repair or replace products and other known factors. The Company monitors its warranty activity and adjusts its reserve estimates when it is probable that future warranty costs will be different than those estimates.

The Company’s product warranty liability is recorded in the consolidated statements of financial position in other current liabilities for estimated costs to be incurred within 12 months and in other non-current liabilities for estimated costs to be incurred in more than one year.
The following table summarizes changes in the total product warranty liability (in millions):
Balance at September 30, 2025
$120 
Accruals for warranties issued33 
Settlements made(28)
Changes in estimates to pre-existing warranties
Balance at December 31, 2025
$134 
v3.25.4
Commitments and Contingencies
3 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Commitments and Contingencies COMMITMENTS AND CONTINGENCIES
Environmental Matters

The Company accrues for potential environmental liabilities when it is probable a liability has been incurred and the amount of the liability is reasonably estimable. The following table presents the location and amount of reserves for environmental liabilities in the Company's consolidated statements of financial position (in millions):

December 31, 2025September 30, 2025
Other current liabilities$24 $27 
Other noncurrent liabilities156 160 
Total reserves for environmental liabilities$180 $187 

The Company periodically examines whether the contingent liabilities related to the environmental matters described below are probable and reasonably estimable based on experience and ongoing developments in those matters, including continued study and analysis of ongoing remediation obligations. The Company expects that it will pay the amounts recorded over an estimated period of up to 20 years. The Company is not able to estimate a possible loss or range of loss, if any, in excess of the established accruals for environmental liabilities at this time.

A substantial portion of the Company's environmental reserves relates to ongoing long-term remediation efforts to address contamination relating to Aqueous Film Forming Foam ("AFFF") containing perfluorooctane sulfonate ("PFOS"), perfluorooctanoic acid ("PFOA"), and/or other per- and poly-fluoroalkyl substances ("PFAS") at or near the Tyco Fire Products L.P. (“Tyco Fire Products”) Fire Technology Center ("FTC") located in Marinette, Wisconsin and surrounding areas in the City of Marinette and Town of Peshtigo, Wisconsin, as well as the continued remediation of PFAS, arsenic and other contaminants at the Tyco Fire Products Stanton Street manufacturing facility also located in Marinette, Wisconsin (the “Stanton Street Facility”). Tyco Fire Products has discontinued the production and sale of fluorinated firefighting foams, including AFFF products, and has transitioned to non-fluorinated foam alternatives.

PFOA, PFOS, and other PFAS compounds are being studied by the U.S. Environmental Protection Agency ("EPA") and other environmental and health agencies and researchers. In April 2024, EPA published National Primary Drinking Water Regulation (“NPDWR”) for six PFAS compounds including PFOA and PFOS. The NPDWR established legally enforceable levels, called Maximum Contaminant Levels, of 4.0 parts per trillion ("ppt") for each of PFOA and PFOS, 10 ppt for each of PFHxS, PFNA, and HFPO-DA (commonly known as GenX Chemicals), and a Hazard Index of one for mixtures containing two or more of PFHxS, PFNA, HFPO-DA, and PFBS. In February 2024, EPA released two proposed rules relating to PFAS under the Resource Conservation and Recovery Act (“RCRA”): one rule proposes to list nine PFAS (including PFOA and PFOS) as “hazardous constituents,” and a second rule proposes to clarify that hazardous waste regulated under the rule includes not only substances listed or identified as hazardous waste in the regulations, but also any substances that meet the statutory definition of hazardous waste. In April 2024, EPA finalized a rule designating PFOA and PFOS, along with their salts and structural isomers, as "hazardous substances" under the Comprehensive Environmental Response, Compensation and Liability Act ("CERCLA"). In May 2025, EPA announced that it will retain the 4.0 ppt limit on PFOS and PFOA but will institute a two-year delay in the compliance deadline from 2029 until 2031. EPA also announced its intent to rescind and reconsider the limits on four other types of PFAS (PFHxS, PFNA, HFPO-DA, and PFBS).
It is not possible to estimate the Company’s ultimate level of liability at many remediation sites due to the large number of other parties that may be involved, the complexity of determining the relative liability among those parties, the financial viability of other potentially responsible parties and third-party indemnitors, the uncertainty as to the nature and scope of the investigations and remediation to be conducted, changes in environmental regulations, changes in permissible levels of specific compounds in soil, groundwater and drinking water sources, or changes in enforcement theories and policies, including efforts to recover natural resource damages, the uncertainty in the application of law and risk assessment, the various choices and costs associated with diverse technologies that may be used in corrective actions at the sites, and the often quite lengthy periods over which eventual remediation may occur. It is possible that technological, regulatory or enforcement developments, the results of additional environmental studies or other factors could change the Company's expectations with respect to future charges and cash outlays, and such changes could be material to the Company's future results of operations, financial condition or cash flows. Nevertheless, the Company does not currently believe that any claims, penalties or costs in addition to the amounts accrued will have a material adverse effect on the Company’s financial position, results of operations or cash flows.

In addition, the Company has identified asset retirement obligations for environmental matters that are expected to be addressed at the retirement, disposal, removal or abandonment of existing owned facilities. Conditional asset retirement obligations were $7 million at both December 31, 2025 and September 30, 2025.

FTC-Related Matters

FTC and Stanton Street Remediation

The use of fire-fighting foams at the FTC was primarily for training and testing purposes to ensure that such products sold by the Company’s affiliates, Chemguard, Inc. ("Chemguard") and Tyco Fire Products, were effective at suppressing high intensity fires that may occur at military installations, airports or elsewhere.

Tyco Fire Products has been engaged in remediation activities at the Stanton Street Facility since 1990. Its corporate predecessor, Ansul Incorporated (“Ansul”), manufactured arsenic-based agricultural herbicides at the Stanton Street Facility, which resulted in significant arsenic contamination of soil and groundwater on the site and in parts of the adjoining Menominee River. In 2009, Ansul entered into an Administrative Consent Order (the "Consent Order") with the EPA to address the presence of arsenic at the site. Under this agreement, Tyco Fire Products’ principal obligations are to contain the arsenic contamination on the site, pump and treat on-site groundwater, dredge, treat and properly dispose of contaminated sediments in the adjoining river areas, and monitor contamination levels on an ongoing basis. Activities completed under the Consent Order since 2009 include the installation of a subsurface barrier wall around the facility to contain contaminated groundwater, the installation and ongoing operation and monitoring of a groundwater extraction and treatment system and the dredging and offsite disposal of treated river sediment. In addition to ongoing remediation activities, the Company is also working with the Wisconsin Department of Natural Resources ("WDNR") to investigate and remediate the presence of PFAS at or near the Stanton Street Facility as part of the evaluation and remediation of PFAS in the Marinette region.

Tyco Fire Products is operating and monitoring at the FTC a Groundwater Extraction and Treatment System ("GETS"), a permanent groundwater remediation system that extracts groundwater containing PFAS, treats it using advanced filtration systems, and returns the treated water to the environment. Tyco Fire Products has also completed the removal and disposal of PFAS-affected soil from the FTC. The Company is also continuing to replace private drinking water wells that may have been impacted by PFAS migrating from the FTC. The Company's reserves for continued remediation of the FTC, the Stanton Street Facility and surrounding areas in Marinette and Peshtigo are based on estimates of costs associated with the long-term remediation actions, including the continued operation of the GETS, the implementation of long-term drinking water solutions for the area impacted by groundwater migrating from the FTC, continued monitoring and testing of groundwater monitoring wells, the operation and wind-down of other legacy remediation and treatment systems and the completion of ongoing investigation obligations.
FTC-Related Litigation

Wisconsin approved final regulatory standards for PFOA and PFOS in drinking water and surface water in February 2022. In August 2024, WDNR issued a new proposed rule to adopt the EPA Maximum Contaminant Levels for PFAS in drinking water. In February 2025, the Wisconsin Department of Health Services ("WDHS") recommended individual groundwater enforcement standards of 4 ng/L for PFOA and PFOS, 10 ng/L for PFHxS, PFNA, and HFPO-DA, and 2,000 ng/L for PFBS. Following the February 2025 WDHS recommendation, the WDNR Secretary and the Governor signed the WDNR scope statement. In January 2026, the Wisconsin Natural Resources Board approved drinking water standards of 4 ng/L for PFOA and PFOS and 10 ng/L for PFHxS, PFNA, and HFPO-DA. The standards are subject to further reviews and approvals before they become final.

In July 2019, the Company received a letter from the WDNR directing the expansion of the evaluation of PFAS in the Marinette region to include (1) biosolids sludge produced by the City of Marinette Waste Water Treatment Plant and spread on certain fields in the area and (2) the Menominee and Peshtigo Rivers. On October 16, 2019, the WDNR issued a “Notice of Noncompliance” to Tyco Fire Products and Johnson Controls, Inc. regarding the WDNR’s July 2019 letter. In February 2020, the WDNR sent a letter to Tyco Fire Products and Johnson Controls, Inc. further directing the expansion of the evaluation of PFAS in the Marinette region to include investigation activities south and west of the previously defined FTC study area. In September 2021, the WDNR sent an additional “Notice of Noncompliance” to Tyco Fire Products and Johnson Controls, Inc. concerning land-applied biosolids, which reviewed and responded to the Company’s biosolids investigation conducted to that date. On April 10, 2023, the WDNR issued a third “Notice of Noncompliance” to Tyco Fire Products and Johnson Controls, Inc. concerning land-applied biosolids in the Marinette region. Tyco Fire Products and Johnson Controls, Inc. believe that they have complied with all applicable environmental laws and regulations. The Company cannot predict what regulatory or enforcement actions, if any, might result from the WDNR’s actions, or the consequences of any such actions, including the potential assessment of penalties.

In March 2022, the Wisconsin Department of Justice (“WDOJ”) filed a civil enforcement action against Johnson Controls Inc. and Tyco Fire Products in Wisconsin state court relating to environmental matters at the FTC (State of Wisconsin v. Tyco Fire Products, LP and Johnson Controls, Inc., Case No. 22-CX-1 (filed March 14, 2022 in Circuit Court in Marinette County, Wisconsin)). The WDOJ alleges that the Company failed to timely report the presence of PFAS chemicals at the FTC, and that the Company has not sufficiently investigated or remediated PFAS at or near the FTC. The WDOJ seeks monetary penalties and an injunction ordering these two subsidiaries to complete a site investigation and cleanup of PFAS contamination in accordance with the WDNR's requests. The parties have completed briefing of summary judgment and pretrial motions. The Court has continued the trial previously scheduled for March 3, 2025 and has not yet set a new trial date. The parties are actively working toward the finalization of a settlement to resolve the matter.

In October 2022, the Town of Peshtigo filed a tort action in Wisconsin state court against Tyco Fire Products, Johnson Controls Inc., Chemguard, Inc., and ChemDesign, Inc. relating to environmental matters at the FTC (Town of Peshtigo v. Tyco Fire Products L.P. et al., Case No. 2022CV000234 (filed October 18, 2022 in Circuit Court in Marinette County, Wisconsin)). The Town alleges that use of AFFF products at the FTC caused contamination of water supplies in Peshtigo. The Town seeks monetary penalties and an injunction ordering abatement of PFAS contamination in Peshtigo. The case has been removed to federal court and transferred to a multi-district litigation ("MDL") before the United States District Court for the District of South Carolina.

In November 2022, individuals filed six actions in Dane County, Wisconsin alleging personal injury and/or property damage against Tyco Fire Products, Johnson Controls Inc., Chemguard, and other unaffiliated defendants related to environmental matters at the FTC. Plaintiffs allege that use of AFFF products at the FTC and activities by third parties unrelated to the Company contaminated nearby drinking water sources, surface waters, and other natural resources and properties, including their personal properties. The individuals seek monetary damages for their personal injury and/or property damage. These lawsuits have been transferred to the MDL. Subsequently, several additional plaintiffs have direct-filed in the MDL complaints with similar allegations.

The Company is vigorously defending each of these cases and believes that it has meritorious defenses, but it is presently unable to predict the duration, scope, or outcome of these actions.
Aqueous Film-Forming Foam ("AFFF") Matters

AFFF Litigation

Two of the Company's subsidiaries, Chemguard and Tyco Fire Products, have been named, along with other defendant manufacturers, suppliers and distributors, and, in some cases, certain subsidiaries of the Company affiliated with Chemguard and Tyco Fire Products, in a number of class action and other lawsuits relating to the use of fire-fighting foam products by the U.S. Department of Defense (the "DOD") and others for fire suppression purposes and related training exercises. Plaintiffs generally allege that the firefighting foam products contain or break down into the chemicals PFOS and PFOA and/or other PFAS compounds and that the use of these products by others at various airbases, airports and other sites resulted in the release of these chemicals into the environment and ultimately into communities’ drinking water supplies neighboring those airports, airbases and other sites. Plaintiffs generally seek compensatory damages, including damages for alleged personal injuries, medical monitoring, diminution in property values, investigation and remediation costs, and natural resources damages, and also seek punitive damages and injunctive relief to address remediation of the alleged contamination. 

In September 2018, Tyco Fire Products and Chemguard filed a Petition for Multidistrict Litigation with the United States Judicial Panel on Multidistrict Litigation (“JPML”) seeking to consolidate all existing and future federal cases into one jurisdiction. On December 7, 2018, the JPML issued an order transferring various AFFF cases to the MDL. Additional cases have been identified for transfer to or are being directly filed in the MDL.

AFFF Municipal and Water Provider Cases

Chemguard and Tyco Fire Products have been named as defendants in more than 300 cases in federal and state courts involving municipal or water provider plaintiffs that were filed in state or federal courts originating from 36 states and territories. The vast majority of these cases have been transferred to or were directly filed in the MDL, and it is anticipated that the remaining cases will be transferred to the MDL. These municipal and water provider plaintiffs generally allege that the use of the defendants’ fire-fighting foam products at fire training academies, municipal airports, Air National Guard bases, or Navy or Air Force bases released PFOS and PFOA into public water supply wells and/or other public property, allegedly requiring remediation.

Tyco Fire Products and Chemguard are also periodically notified by other municipal entities that those entities may assert claims regarding PFOS and/or PFOA contamination allegedly resulting from the use of AFFF.

Water Systems AFFF Settlement Agreement

On April 12, 2024, Tyco Fire Products agreed to a settlement with a nationwide class of public water systems that detected PFAS in their drinking water systems that they allege to be associated with the use of AFFF. Under the terms of the agreement, Tyco Fire Products agreed to contribute $750 million to resolve these PFAS claims. The settlement releases these claims against Tyco Fire Products, Chemguard, and other related corporate entities. In accordance with the terms of the settlement agreement, Tyco Fire Products made its final required payment of $415 million in December 2024 and has now paid the full settlement amount.

The class of public water systems included in this settlement broadly includes any public water system (as defined in the settlement agreement) that has detected PFAS in its drinking water sources as of May 15, 2024. The following systems are excluded from the settlement class: water systems owned and operated by a State or the United States government; systems that have not detected the presence of PFAS as of May 15, 2024; small transient water systems; privately-owned drinking water wells; and the water system in the city of Marinette, Wisconsin (which is included only if it so requests). The settlement does not resolve claims of public water systems that request exclusion from the class (“opt out”) pursuant to the process to be established by the MDL court. It also does not resolve potential future claims of public water systems that detect PFAS in their water systems for the first time after May 15, 2024, or certain claims not related to drinking water, such as separate alleged claims relating to real property damage or stormwater or wastewater treatment. Finally, this settlement does not affect the other categories of cases that remain at issue in the MDL, such as personal injury cases, property damage cases, other types of class actions, claims brought by state or territory attorneys general, or other types of
damages alleged to be related to the historical use of AFFF manufactured and sold by Tyco Fire Products and Chemguard. While it is reasonably possible that the excluded systems or claims could result in additional future lawsuits, claims, assessments or proceedings, it is not possible to predict the outcome of any such matters, and as such, the Company is unable to develop an estimate of a possible loss or range of losses, if any, at this time.

The settlement does not constitute an admission of liability or wrongdoing by Tyco Fire Products or Chemguard.

AFFF Putative Class Actions

Chemguard and Tyco Fire Products are named in 49 pending putative class actions in federal courts originating from 21 states and territories. All of these cases have been direct-filed in or transferred to the MDL. In addition, seven proposed class actions were filed in Canada (British Columbia, Manitoba, Quebec and Ontario), which name Tyco Fire Products and other manufacturers as defendants, on behalf of various classes of members (including individuals and government entities) who seek to recover for remediation (past and future) costs, claim property or other environmental damages, or claim personal injuries or other harms arising from alleged exposure to or contamination with PFAS or PFAS-containing products (including AFFF).

AFFF Individual or Mass Actions

There are more than 15,000 individual or “mass” actions pending that were filed in state or federal courts originating from 53 states and territories against Chemguard and Tyco Fire Products and other defendants in which the plaintiffs generally seek compensatory damages, including damages for alleged personal injuries, medical monitoring, and alleged diminution in property values. The Company is currently unable to determine a precise count of personal injury claimants currently pending. The vast majority of these matters transferred to or directly-filed in the MDL, and it is anticipated that several newly-filed state court actions will be similarly tagged and transferred. There are several matters that are or will be proceeding in state courts, including actions in Arizona, Illinois and Washington.

Tyco and Chemguard are also periodically notified by other individuals that they may assert claims regarding PFOS and/or PFOA contamination allegedly resulting from the use of AFFF.

AFFF State or U.S. Territory Attorneys General Litigation

In June 2018, the State of New York filed a lawsuit in New York state court (State of New York v. The 3M Company et al No. 904029-18 (N.Y. Sup. Ct., Albany County)) against a number of manufacturers, including affiliates of the Company, with respect to alleged PFOS and PFOA contamination purportedly resulting from firefighting foams used at locations across New York, including Stewart Air National Guard Base in Newburgh and Gabreski Air National Guard Base in Southampton, Plattsburgh Air Force Base in Plattsburgh, Griffiss Air Force Base in Rome, and unspecified “other” sites throughout the State. The lawsuit seeks to recover costs and natural resource damages associated with contamination at these sites. This suit has been removed to the United States District Court for the Northern District of New York and transferred to the MDL.

In February 2019, the State of New York filed a second lawsuit in New York state court (State of New York v. The 3M Company et al (N.Y. Sup. Ct., Albany County)), against a number of manufacturers, including affiliates of the Company, with respect to alleged PFOS and PFOA contamination purportedly resulting from firefighting foams used at additional locations across New York. This suit has been removed to the United States District Court for the Northern District of New York and transferred to the MDL. In July 2019, the State of New York filed a third lawsuit in New York state court (State of New York v. The 3M Company et al (N.Y. Sup. Ct., Albany County)), against a number of manufacturers, including affiliates of the Company, with respect to alleged PFOS and PFOA contamination purportedly resulting from firefighting foams used at further additional locations across New York. This suit has been removed to the United States District Court for the Northern District of New York and transferred to the MDL. In November 2019, the State of New York filed a fourth lawsuit in New York state court (State of New York v. The 3M Company et al (N.Y. Sup. Ct., Albany County)), against a number of manufacturers, including affiliates of the Company, with respect to alleged PFOS and PFOA contamination purportedly resulting from firefighting foams used at further additional locations across New York. This suit has been removed to federal court and transferred to the MDL.
In April 2021, the State of Alaska filed a lawsuit in the superior court of the State of Alaska against a number of manufacturers and other defendants, including affiliates of the Company, with respect to PFOS and PFOA damage of the State’s land and natural resources allegedly resulting from the use of firefighting foams at various locations throughout the State. The State’s case has been removed to federal court and transferred to the MDL. The State of Alaska has also named a number of manufacturers and other defendants, including affiliates of the Company, as third-party defendants in two cases brought by individuals against the State. These two cases have also been transferred to the MDL.

In early November 2021, the Attorney General of the State of North Carolina filed four individual lawsuits in the superior courts of the State of North Carolina against a number of manufacturers and other defendants, including affiliates of the Company, with respect to PFOS and PFOA damage of the State’s land, natural resources, and property allegedly resulting from the use of firefighting foams at four separate locations throughout the State. These four cases have been removed to federal court and transferred to the MDL. In October 2022, the Attorney General filed two similar lawsuits in the superior courts of the State of North Carolina regarding alleged PFAS damages at two additional locations. These two cases have also been removed to federal court and transferred to the MDL.

In addition, 33 other states and territories have filed 35 lawsuits against a number of manufacturers and other defendants, including affiliates of the Company, with respect to PFAS damage of each of those State's environmental and natural resources allegedly resulting from the manufacture, storage, sale, distribution, marketing, and use of PFAS-containing AFFF within each respective State. The states and territories are: Arkansas, Arizona, California, Colorado, Connecticut, Delaware, the District of Columbia, Florida, Hawaii, Illinois, Indiana, Kentucky, Massachusetts, Maryland, Maine, Michigan, Mississippi, New Hampshire, New Jersey, New Mexico, Ohio, Oklahoma, Oregon, Rhode Island, South Carolina, Tennessee, Texas, Vermont, Washington, Wisconsin, Guam, the Northern Mariana Islands, and Puerto Rico. All of these complaints, if not filed directly in the MDL, have been removed to federal court and transferred to the MDL.

In addition, an affiliate of the Company has been named with other manufacturers as a third party by the Canadian Federal Government who is seeking contribution and indemnity in respect of a single-plaintiff action filed in Ontario relating to alleged PFAS and benzene contamination of a private well from the use of AFFF in firefighting training.

Other AFFF Related Matters

In March 2020, the Kalispel Tribe of Indians (a federally recognized Tribe) and two tribal corporations filed a lawsuit in the United States District Court for the Eastern District of Washington against a number of manufacturers, including affiliates of the Company, and the United States with respect to PFAS contamination allegedly resulting from the use and disposal of AFFF by the United States Air Force at and around Fairchild Air Force Base in eastern Washington. This case has been transferred to the MDL.

In October 2022, the Red Cliff Band of Lake Superior Chippewa Indians (a federally recognized tribe) filed a lawsuit in the United States District Court for the Western District of Wisconsin against a number of manufacturers, including affiliates of the Company, with respect to PFAS contamination allegedly resulting from the use and disposal of AFFF at Duluth Air National Guard Base in Duluth, Minnesota. This case has been transferred to the MDL.

In July 2023, the Fond du Lac Band of Lake Superior Chippewa (a federally recognized tribe) direct-filed a lawsuit in the MDL against a number of manufacturers, including affiliates of the Company, with respect to PFAS contamination allegedly resulting from the use and disposal of AFFF at Duluth Air National Guard Base in Duluth, Minnesota.

In September 2025, the Leech Lake Band of Ojibwe (one of six federally recognized sovereign bands that make up the federally recognized Minnesota Chippewa Tribe) filed a lawsuit in Minnesota state court against a number of manufacturers, including affiliates of the Company, with respect to PFAS contamination allegedly resulting from, among other things, the alleged use and disposal of AFFF on and near the Band’s property. This case has been transferred to the MDL.

Four AFFF property damage proceedings have been filed in Belgium against numerous defendants, including an affiliate of the Company. The cases are currently on hold pending efforts to dismiss the proceedings.
The Company is vigorously defending all of the above AFFF matters and believes that it has meritorious defenses to class certification and the claims asserted, including statutes of limitations, the government contractor defense, various medical and scientific defenses, and other factual and legal defenses. The Company has a historical general liability insurance program and is pursuing coverage under the program from various insurers through insurance claims discussions and litigation pending in a state court in Wisconsin. The Company has reached settlements with certain insurers and remains in discussions and litigation with the remaining carriers. In the first quarter of fiscal year 2026, the Company recorded $130 million of insurance recoveries related to settlements with its insurance carriers in selling, general and administrative expenses in the consolidated statements of income. The Company is unable to predict the amount and timing of any future recoveries under its insurance policies with the remaining carriers. The insurance litigation involves numerous factual and legal issues. There are numerous factual and legal issues to be resolved in connection with these claims. The Company is presently unable to predict the outcome or ultimate financial exposure beyond the water systems AFFF settlement discussed above, if any, represented by these matters, and there can be no assurance that any such exposure will not be material.

Asbestos Matters

The Company and certain of its subsidiaries, along with numerous other third parties, are named as defendants in personal injury lawsuits based on alleged exposure to asbestos containing materials. These cases have typically involved product liability claims based primarily on allegations of manufacture, sale or distribution of industrial products that either contained asbestos or were used with asbestos containing components.

The following table presents the location and amount of asbestos-related assets and liabilities in the Company's consolidated statements of financial position (in millions):
December 31, 2025September 30, 2025
Other current liabilities$58 $58 
Other noncurrent liabilities336 329 
Total asbestos-related liabilities394 387 
Other current assets14 13 
Other noncurrent assets326 326 
Total asbestos-related assets340 339 
Net asbestos-related liabilities$54 $48 

The following table presents the components of asbestos-related assets (in millions):
December 31, 2025September 30, 2025
Restricted
Cash$$
Investments291 290 
Total restricted assets297 295 
Insurance receivables for asbestos-related liabilities43 44 
Total asbestos-related assets$340 $339 

The amounts recorded for asbestos-related liabilities and insurance-related assets are based on the Company's strategies for resolving its asbestos claims, currently available information, and a number of estimates and assumptions. Key variables and assumptions include the number and type of new claims that are filed each year, the average cost of resolution of claims, the identity of defendants, the resolution of coverage issues with insurance carriers, amount of insurance, and the solvency risk with respect to the Company's insurance carriers. Other factors that may affect the Company's liability and cash payments for asbestos-related matters include uncertainties surrounding the litigation process from jurisdiction to
jurisdiction and from case to case, reforms of state or federal tort legislation and the applicability of insurance policies among subsidiaries. As a result, actual liabilities or insurance recoveries could be significantly higher or lower than those recorded if assumptions used in the Company's calculations vary significantly from actual results.

Self-Insured Liabilities

The Company records liabilities for its workers' compensation, product, general and auto liabilities. The determination of these liabilities and related expenses is dependent on claims experience. For most of these liabilities, claims incurred but not yet reported are estimated by utilizing actuarial valuations based upon historical claims experience. The Company maintains captive insurance companies to manage a portion of its insurable liabilities.

The following table presents the location and amount of self-insured liabilities in the Company's consolidated statements of financial position (in millions):
December 31, 2025September 30, 2025
Other current liabilities$89 $87 
Accrued compensation and benefits38 38 
Other noncurrent liabilities311 289 
Total self-insured liabilities$438 $414 
Other Matters

The Company is involved in various lawsuits, claims and proceedings incident to the operation of its businesses, including those pertaining to product liability, environmental, safety and health, intellectual property, employment, commercial and contractual matters, and various other casualty matters. Although the outcome of litigation cannot be predicted with certainty and some lawsuits, claims or proceedings may be disposed of unfavorably to the Company, it is management’s opinion that none of these will have a material adverse effect on the Company’s financial position, results of operations or cash flows. Costs related to such matters were not material to the periods presented.
v3.25.4
Insider Trading Arrangements
3 Months Ended
Dec. 31, 2025
Trading Arrangements, by Individual  
Rule 10b5-1 Arrangement Adopted false
Non-Rule 10b5-1 Arrangement Adopted false
Rule 10b5-1 Arrangement Terminated false
Non-Rule 10b5-1 Arrangement Terminated false
v3.25.4
Basis of Presentation (Policies)
3 Months Ended
Dec. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]  
Principles of Consolidation
Principles of Consolidation
The consolidated financial statements include the consolidated accounts of Johnson Controls International plc and its subsidiaries in conformity with U.S. GAAP. The results of companies acquired or disposed of during the reporting period are included in the consolidated financial statements from the effective date of acquisition or up to the date of disposal. Investments in partially-owned affiliates are accounted for by the equity method when the Company exercises significant influence, which typically occurs when its ownership interest exceeds 20%, and the Company does not have a controlling interest.
Recently Adopted and Recently Issued Accounting Pronouncements
Recently Adopted Accounting Pronouncements

In November 2023, the FASB issued ASU 2023-07, "Segment Reporting (Topic 280): Improvements to Reportable Segment Disclosures," which is intended to improve reportable segment disclosures, primarily through enhanced disclosures about significant segment expenses. In addition, the amendments enhance interim disclosure requirements, clarify circumstances in which an entity can disclose multiple segment measures of profit or loss, provide new segment disclosure requirements for entities with a single reportable segment and contain other disclosure requirements. The Company adopted the new annual disclosures as required for fiscal 2025 and the interim disclosures as required in the first quarter of fiscal 2026. Refer to Note 16, "Segment Information," of the notes to consolidated financial statements for the Company's segment disclosures.

Recently Issued Accounting Pronouncements

In December 2023, the FASB issued ASU 2023-09, "Income Taxes (Topic 740): Improvements to Income Tax Disclosures," which is intended to enhance the transparency about income tax information through improvements to income tax disclosures primarily related to the rate reconciliation and income taxes paid information. The amendments require that on an annual basis, entities disclose specific categories in the rate reconciliation and provide additional information for reconciling items that meet a quantitative threshold. In addition, the amendments require that entities disclose additional information about income taxes paid as well as additional disclosures of pretax income and income tax expense, and remove the requirement to disclose certain items that are no longer considered cost beneficial or relevant. The Company expects to adopt the new annual disclosures as required for fiscal 2026.

In November 2024, the FASB issued ASU 2024-03, "Income Statement - Reporting Comprehensive Income - Expense Disaggregation Disclosures (Subtopic 220-40): Disaggregation of Income Statement Expenses," which is intended to enhance transparency into the nature and function of expenses. The amendments require that on an annual and interim basis, entities disclose disaggregated operating expense information about specific categories, including purchases of inventory, employee compensation, depreciation, amortization and depletion. The Company expects to adopt the new annual disclosures as required for fiscal 2028 and the interim disclosures as required beginning with the first quarter of fiscal 2029.

In September 2025, the FASB issued ASU 2025-06, "Intangibles - Goodwill and Other - Internal-Use Software (Subtopic 350-40): Targeted Improvements to the Accounting for Internal-Use Software," which is intended to increase the operability of the recognition guidance considering different methods of software development. The amendments remove all references to prescriptive and sequential software development stages (referred to as “project stages”) throughout Subtopic 350-40, and instead specify an entity is required to start capitalizing software costs when both of the following occur: (1) management has authorized and committed to funding the software project and (2) it is probable that the project will be completed and the software will be used to perform the function intended (referred to as the “probable-to complete recognition threshold”). The Company expects to adopt the new guidance as required for fiscal 2029 and is evaluating the impact the new standard will have on its consolidated financial statements.

Other recently issued accounting pronouncements are not expected to have a material impact on the Company's consolidated financial statements.
Revenue Recognition
Contract Balances

Contract assets relate to the Company’s right to consideration for performance obligations satisfied but not billed. Contract liabilities relate to customer payments received in advance of satisfaction of performance obligations under the contract. Contract balances are classified as assets or liabilities on a contract-by-contract basis at the end of each reporting period. 
Performance Obligations

Performance obligations are satisfied at a point in time or over time. The timing of satisfying the performance obligation is typically stipulated by the terms of the contract. As of December 31, 2025, the aggregate amount of the transaction price allocated to remaining performance obligations was approximately $24.5 billion, of which approximately 65% is expected to be recognized as revenue over the next two years. The remaining performance obligations expected to be recognized in revenue beyond two years primarily relate to large, multi-purpose construction contracts, which include services to be performed over the building's lifetime, with initial contract terms of 25 to 35 years. Future contract modifications could affect both the timing and the amount of the remaining performance obligations. The Company excludes the value of remaining performance obligations of service contracts with a duration of one year or less and open purchase orders from the indirect third-party sales channel that have a short cycle time (generally 60 days or less).

Costs to Obtain or Fulfill a Contract

The Company recognizes the incremental costs incurred to obtain or fulfill a contract with a customer as an asset when these costs are recoverable. These costs consist primarily of sales commissions and design costs that relate to a contract or an anticipated contract that the Company expects to recover. Costs to obtain or fulfill a contract are capitalized when incurred and amortized to expense over the period of contract performance.
Fair Value Measurements
ASC 820, "Fair Value Measurement," defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a three-level fair value hierarchy that prioritizes information used in developing assumptions when pricing an asset or liability as follows:

Level 1: Observable inputs such as quoted prices in active markets for identical assets or liabilities;

Level 2: Quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and

Level 3: Unobservable inputs where there is little or no market data, which requires the reporting entity to develop its own assumptions.

ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement.
Valuation Methods

Contingent earn-out liabilities: The contingent earn-out liabilities were established using a Monte Carlo simulation based on the forecasted operating results and the earn-out formula specified in the purchase agreements.

Deferred compensation plan assets: Assets held in the deferred compensation plans will be used to pay benefits under certain of the Company's non-qualified deferred compensation plans. The investments primarily consist of mutual funds which are publicly traded on stock exchanges and are valued using a market approach based on the quoted market prices. Unrealized gains (losses) on the deferred compensation plan assets are recognized in the consolidated statements of income where they offset unrealized gains and losses on the related deferred compensation plan liability.

Derivatives: The derivatives are valued under a market approach using publicly available prices, where available, or dealer quotes.
Exchange traded funds: Investments in exchange traded funds are valued using a market approach based on quoted market prices, where available, or broker/dealer quotes of identical or comparable instruments.The fair value of public debt was determined primarily using market quotes which are classified as Level 1 inputs within the ASC 820 fair value hierarchy. The fair value of other long-term debt was determined using quoted market prices for similar instruments and are classified as Level 2 inputs within the ASC 820 fair value hierarchy.
v3.25.4
Divestitures (Tables)
3 Months Ended
Dec. 31, 2025
Discontinued Operations and Disposal Groups [Abstract]  
Summary of Results Which were Reported as Discontinued Operations
The following table summarizes the results of the R&LC HVAC business which were reported as discontinued operations (in millions) for the three months ended December 31, 2024:

Net sales$966 
Cost of goods sold731 
Gross profit235 
Selling, general and administrative expenses183 
Restructuring and impairment costs
Net financing charges(1)
Equity income65 
Income from discontinued operations before income taxes114 
Provision for income taxes on discontinued operations24 
Income from discontinued operations, net of tax90 
Income from discontinued operations attributable to noncontrolling interest, net of tax34 
Income from discontinued operations$56 
v3.25.4
Revenue Recognition (Tables)
3 Months Ended
Dec. 31, 2025
Revenue from Contract with Customer [Abstract]  
Disaggregation of Revenue
The following table presents the Company's revenues disaggregated by segment and by Products & Systems and Services revenue (in millions):
Three Months Ended December 31,
20252024
Products & SystemsServicesTotalProducts & SystemsServicesTotal
Americas
$2,640 $1,203 $3,843 $2,536 $1,091 $3,627 
EMEA
762 499 1,261 700 457 1,157 
APAC
490 203 693 449 193 642 
Total$3,892 $1,905 $5,797 $3,685 $1,741 $5,426 
Contract with Customer, Asset and Liability
The following table presents the location and amount of contract balances in the Company's consolidated statements of financial position (in millions):
Location of contract balancesDecember 31, 2025September 30, 2025
Contract assets - currentAccounts receivable - net$2,343 $2,178 
Contract assets - noncurrentOther noncurrent assets
Contract liabilities - currentDeferred revenue2,542 2,470 
Contract liabilities - noncurrentOther noncurrent liabilities501 478 
Capitalized Contract Cost
The following table presents the location and amount of costs to obtain or fulfill a contract recorded in the Company's consolidated statements of financial position (in millions):

December 31, 2025September 30, 2025
Other current assets$320 $327 
Other noncurrent assets233 249 
Total$553 $576 
v3.25.4
Inventories (Tables)
3 Months Ended
Dec. 31, 2025
Inventory Disclosure [Abstract]  
Inventories
Inventories consisted of the following (in millions):

December 31, 2025September 30, 2025
Raw materials and supplies$797 $716 
Work-in-process138 132 
Finished goods997 972 
Inventories$1,932 $1,820 
v3.25.4
Goodwill and Other Intangible Assets (Tables)
3 Months Ended
Dec. 31, 2025
Goodwill and Intangible Assets Disclosure [Abstract]  
Changes in Carrying Amount of Goodwill
The following table summarizes changes in the carrying amount of goodwill in each of the Company’s reportable segments (in millions):
Three Months Ended December 31, 2025
AmericasEMEAAPACTotal
Goodwill$14,092 $2,388 $1,348 $17,828 
Accumulated impairment loss(918)(277)— (1,195)
Balance at beginning of period13,174 2,111 1,348 16,633 
Foreign currency translation and other (1)
20 (41)(2)(23)
Balance at end of period$13,194 $2,070 $1,346 $16,610 
(1) Includes the allocation of $38 million of goodwill from an EMEA reporting unit to the disposal group classified as held for sale. Refer to Note 3, "Divestitures" of the notes to the consolidated financial statements for further information.
Other Intangible Assets
Other intangible assets, primarily from business acquisitions, consisted of (in millions):
 December 31, 2025September 30, 2025
 Gross
Carrying
Amount
Accumulated
Amortization
NetGross
Carrying
Amount
Accumulated
Amortization
Net
Definite-lived intangible assets
Technology$1,204 $(741)$463 $1,197 $(714)$483 
Customer relationships2,023 (1,312)711 2,026 (1,272)754 
Miscellaneous936 (535)401 910 (511)399 
4,163 (2,588)1,575 4,133 (2,497)1,636 
Indefinite-lived intangible assets
Trademarks/trade names1,975 — 1,975 1,977 — 1,977 
Total intangible assets$6,138 $(2,588)$3,550 $6,110 $(2,497)$3,613 
v3.25.4
Supplemental Cash Flow Disclosures (Tables)
3 Months Ended
Dec. 31, 2025
Supplemental Cash Flow Elements [Abstract]  
Schedule of Cash Flow, Supplemental Disclosures
The following table presents supplemental noncash operating lease activity (in millions):
Three Months Ended December 31,
20252024
Right-of-use assets obtained in exchange for operating lease liabilities$104 $130 
v3.25.4
Debt and Financing Arrangements (Tables)
3 Months Ended
Dec. 31, 2025
Debt Disclosure [Abstract]  
Schedule of Short-Term Debt and Net Financing Charges
Short-term debt consisted of the following (in millions):
 December 31, 2025September 30, 2025
Commercial paper$200 $400 
Term loans236 320 
Bank borrowings— 
$436 $723 
Weighted average interest rate on short-term debt outstanding4.3 %4.5 %
The following table presents the Company's net financing charges (in millions):
Three Months Ended December 31,
(in millions)20252024
Interest expense, net of capitalized interest costs$42 $67 
Other financing charges
Interest income(2)(3)
Net foreign exchange results for financing activities12 16 
Net financing charges$59 $86 
v3.25.4
Fair Value Measurements (Tables)
3 Months Ended
Dec. 31, 2025
Fair Value Disclosures [Abstract]  
Assets and Liabilities Measured at Fair Value
The following tables present the Company’s fair value hierarchy for those assets and liabilities measured at fair value (in millions):
 Fair Value Measurements Using:
 Total as of
December 31, 2025
Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Other current assets
Derivatives
$26 $— $26 $— 
Other noncurrent assets
Deferred compensation plan assets64 64 — — 
Exchange traded funds (fixed income)(1)
72 72 — — 
Exchange traded funds (equity)(1)
219 219 — — 
Total assets$381 $355 $26 $— 
Other current liabilities
Derivatives
$62 $— $62 $— 
Contingent earn-out liabilities19 — — 19 
Total liabilities$81 $— $62 $19 
(1) Classified as restricted investments for payment of asbestos liabilities. See Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further details.
 Fair Value Measurements Using:

Total as of September 30, 2025Quoted Prices
in Active
Markets
(Level 1)
Significant
Other
Observable
Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)
Other current assets
Derivatives
$15 $— $15 $— 
Other noncurrent assets
Deferred compensation plan assets63 63 — — 
Exchange traded funds (fixed income)(1)
73 73 — — 
Exchange traded funds (equity)(1)
217 217 — — 
Total assets$368 $353 $15 $— 
Other current liabilities
Derivatives
$24 $— $24 $— 
Contingent earn-out liabilities19 — — 19 
Total liabilities$43 $— $24 $19 
(1) Classified as restricted investments for payment of asbestos liabilities. See Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further details.
Fair Value of Long-Term Debt
The fair value of long-term debt at December 31, 2025 and September 30, 2025 was as follows (in billions):
December 31,September 30,
20252025
Public debt$8.4 $8.4 
Other long-term debt0.6 0.5 
Total fair value of long-term debt$9.0 $8.9 
v3.25.4
Weighted Average Shares Outstanding (Tables)
3 Months Ended
Dec. 31, 2025
Earnings Per Share [Abstract]  
Earnings Per Share
The following table reconciles shares used to calculate basic and diluted earnings per share (in millions):
Three Months Ended
December 31,
 20252024
Weighted Average Shares Outstanding
Basic weighted average shares outstanding611 662 
Effect of dilutive securities:
Stock options, unvested restricted stock and
     unvested performance share awards
Diluted weighted average shares outstanding614 665 
Antidilutive Securities
Stock options and unvested restricted stock— — 
v3.25.4
Accumulated Other Comprehensive Income (Loss) (Tables)
3 Months Ended
Dec. 31, 2025
Stockholders' Equity Note [Abstract]  
Changes in Accumulated Other Comprehensive Income, Net of Tax
The following table includes changes in AOCI attributable to Johnson Controls (in millions):
Three Months Ended
December 31,
20252024
Foreign currency translation adjustments
Balance at beginning of period$(638)$(956)
Aggregate adjustment for the period(85)
Balance at end of period(633)(1,041)
Other
Balance at beginning of period(4)(8)
Current period changes in fair value10 
Reclassification to income
(4)(2)
Net tax impact— (1)
Balance at end of period(3)
Accumulated other comprehensive loss, end of period$(631)$(1,044)
v3.25.4
Pension and Postretirement Plans (Tables)
3 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Components of Net Periodic Benefit Cost
The components of net periodic benefit cost (credit) associated with defined benefit pension and postretirement plans, which are primarily recorded in selling, general and administrative expenses in the consolidated statements of income, are shown in the table below (in millions):
Three Months Ended
December 31,
 20252024
Service cost$$
Interest cost3233
Expected return on plan assets(44)(46)
Amortization of prior service credit
(1)(1)
Net periodic benefit credit$(9)$(10)
v3.25.4
Restructuring and Related Costs (Tables)
3 Months Ended
Dec. 31, 2025
Restructuring and Related Activities [Abstract]  
Restructuring and Related Costs
The following table summarizes restructuring and related costs (in millions):
 Three Months Ended December 31, 2025
Inception to December 31, 2025
Americas$$60 
EMEA11 60 
APAC20 
Corporate14 61 
Total $37 $201 
Schedule of Restructuring Reserve by Type of Cost
The following table summarizes changes in the reserve under the Company's restructuring plan announced in the fourth quarter of fiscal 2024, which is included within other current liabilities in the consolidated statements of financial position (in millions):

Employee Severance and Termination BenefitsLong-Lived Asset ImpairmentsOtherTotal
Balance at September 30, 2025
$39 $— $$44 
Restructuring and related costs25 10 37 
Utilized—cash(28)— (2)(30)
Utilized—noncash— (10)— (10)
Other— 
Balance at December 31, 2025
$39 $— $$46 
v3.25.4
Income Taxes (Tables)
3 Months Ended
Dec. 31, 2025
Income Tax Disclosure [Abstract]  
Tax Jurisdictions and Years Currently under Audit Exam
In the U.S., fiscal years 2019 through 2020 are currently under audit and fiscal years 2017 through 2018 are currently under appeal with the Internal Revenue Service (“IRS”) for certain legal entities. Additionally, the Company is currently under exam in the following major non-U.S. jurisdictions:
Tax JurisdictionTax Years Covered
Belgium
2016 - 2017; 2019 - 2020
Germany
2007 - 2021
Mexico
2016; 2018 - 2019
United Kingdom
2014 - 2015; 2018; 2020 - 2021
v3.25.4
Segment Information (Tables)
3 Months Ended
Dec. 31, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]  
Financial Information Related to Company's Reportable Segments
Financial information relating to the Company’s reportable segments is as follows (in millions):

 Three Months Ended December 31, 2025
 
Americas
EMEA
APAC
Net sales$3,843 $1,261 $693 
Cost of sales2,429808441
Selling, general and administrative expenses ("SG&A")794295136
Equity loss— — (1)
Segment EBITA620158117
Amortization of intangible assets
76 
Segment EBIT$544 $151 $113 
Depreciation included in Cost of sales and SG&A$33 $$
 Three Months Ended December 31, 2024
 
Americas
EMEA
APAC
Net sales$3,627 $1,157 $642 
Cost of sales2,278754404
SG&A760267148
Segment EBITA58913690
Amortization of intangible assets
95 20 
Segment EBIT$494 $116 $85 
Depreciation included in Cost of sales and SG&A$33 $$
A reconciliation of segment EBIT and segment EBITA to consolidated income before income taxes is as follows (in millions):
 Three Months Ended December 31,
 20252024
Segment EBITA$895 $815 
Amortization of intangible assets87 120 
Segment EBIT808 695 
Corporate expenses156 171 
Restructuring and impairment costs87 33 
Water systems AFFF insurance recoveries (1)
(130)(4)
Net financing charges59 86 
Gain on divestiture(70)— 
Net mark-to-market adjustments(2)
Income from continuing operations before income taxes$708 $408 

(1) Refer to Note 18, "Commitments and Contingencies," of the notes to the consolidated financial statements for further disclosure related to the water systems AFFF settlement.
v3.25.4
Guarantees (Tables)
3 Months Ended
Dec. 31, 2025
Guarantees [Abstract]  
Changes in Carrying Amount of Product Warranty Liability
The following table summarizes changes in the total product warranty liability (in millions):
Balance at September 30, 2025
$120 
Accruals for warranties issued33 
Settlements made(28)
Changes in estimates to pre-existing warranties
Balance at December 31, 2025
$134 
v3.25.4
Commitment and Contingencies (Tables)
3 Months Ended
Dec. 31, 2025
Commitments and Contingencies Disclosure [Abstract]  
Schedule of Loss Contingencies by Contingency
December 31, 2025September 30, 2025
Other current liabilities$24 $27 
Other noncurrent liabilities156 160 
Total reserves for environmental liabilities$180 $187 
The following table presents the location and amount of asbestos-related assets and liabilities in the Company's consolidated statements of financial position (in millions):
December 31, 2025September 30, 2025
Other current liabilities$58 $58 
Other noncurrent liabilities336 329 
Total asbestos-related liabilities394 387 
Other current assets14 13 
Other noncurrent assets326 326 
Total asbestos-related assets340 339 
Net asbestos-related liabilities$54 $48 

The following table presents the components of asbestos-related assets (in millions):
December 31, 2025September 30, 2025
Restricted
Cash$$
Investments291 290 
Total restricted assets297 295 
Insurance receivables for asbestos-related liabilities43 44 
Total asbestos-related assets$340 $339 
The following table presents the location and amount of self-insured liabilities in the Company's consolidated statements of financial position (in millions):
December 31, 2025September 30, 2025
Other current liabilities$89 $87 
Accrued compensation and benefits38 38 
Other noncurrent liabilities311 289 
Total self-insured liabilities$438 $414 
v3.25.4
Basis of Presentation (Details) - segment
3 Months Ended
Apr. 01, 2025
Dec. 31, 2025
Mar. 31, 2025
Organization, Consolidation and Presentation of Financial Statements [Abstract]      
Number of reportable segments 3 3 4
v3.25.4
Divestiture - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Oct. 31, 2025
Dec. 31, 2025
Dec. 31, 2024
Sep. 30, 2025
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Assets   $ 37,983   $ 37,939
Loss from discontinued operations, net of tax   31 $ (90)  
ADT Mexico Business | Disposal Group, Disposed of by Sale, Not Discontinued Operations        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Proceeds from divestiture of businesses $ 207      
Gain on divestiture $ 70      
Assets       154
Liabilities       $ 21
Component Of EMEA Business | Disposal Group, Held-for-sale, Not Discontinued Operations        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Assets   106    
Liabilities   19    
Disposal group, not discontinued operation, loss on write-down   50    
Residential and Light Commercial HVAC Business | Discontinued Operations, Disposed of by Sale        
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]        
Loss from discontinued operations, net of tax   $ 31 $ (90)  
v3.25.4
Divestitures- Summarized Results of Discontinued Operations (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Income from discontinued operations, net of tax $ (31) $ 90
Income from discontinued operations attributable to noncontrolling interest, net of tax 0 34
Discontinued operations (31) 56
Discontinued Operations, Held-for-Sale | Residential and Light Commercial HVAC Business    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Net sales 5,797 5,426
Discontinued Operations, Disposed of by Sale | Residential and Light Commercial HVAC Business    
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]    
Net sales   966
Cost of goods sold   731
Gross profit   235
Selling, general and administrative expenses   183
Restructuring and impairment costs   4
Net financing charges   (1)
Equity income   65
Income from discontinued operations before income taxes   114
Provision for income taxes on discontinued operations   24
Income from discontinued operations, net of tax $ (31) 90
Income from discontinued operations attributable to noncontrolling interest, net of tax   34
Discontinued operations   $ 56
v3.25.4
Revenue Recognition - Disaggregation of Revenue (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Disaggregation of Revenue [Line Items]    
Total $ 5,797 $ 5,426
Products and systems    
Disaggregation of Revenue [Line Items]    
Total 3,892 3,685
Services    
Disaggregation of Revenue [Line Items]    
Total 1,905 1,741
Americas    
Disaggregation of Revenue [Line Items]    
Total 3,843 3,627
Americas | Products and systems    
Disaggregation of Revenue [Line Items]    
Total 2,640 2,536
Americas | Services    
Disaggregation of Revenue [Line Items]    
Total 1,203 1,091
EMEA    
Disaggregation of Revenue [Line Items]    
Total 1,261 1,157
EMEA | Products and systems    
Disaggregation of Revenue [Line Items]    
Total 762 700
EMEA | Services    
Disaggregation of Revenue [Line Items]    
Total 499 457
APAC    
Disaggregation of Revenue [Line Items]    
Total 693 642
APAC | Products and systems    
Disaggregation of Revenue [Line Items]    
Total 490 449
APAC | Services    
Disaggregation of Revenue [Line Items]    
Total $ 203 $ 193
v3.25.4
Revenue Recognition - Contract Balances (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]    
Contract assets - current $ 2,343 $ 2,178
Contract assets - noncurrent 6 9
Contract liabilities - current 2,542 2,470
Contract liabilities - noncurrent $ 501 $ 478
v3.25.4
Revenue Recognition - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Disaggregation of Revenue [Line Items]    
Contract with customer, liability, revenue recognized $ 1,004 $ 878
Revenue, remaining performance obligation, amount 24,500  
Capitalized contract cost, amortization $ 102 $ 84
Minimum    
Disaggregation of Revenue [Line Items]    
Contract term 25 years  
Maximum    
Disaggregation of Revenue [Line Items]    
Contract term 35 years  
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2026-01-01    
Disaggregation of Revenue [Line Items]    
Revenue, remaining performance obligation, percentage 65.00%  
Revenue, remaining performance obligation, expected timing of satisfaction, period 2 years  
v3.25.4
Revenue Recognition - Performance Obligations and Costs to Obtain or Fulfill a Contract (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Revenue from Contract with Customer [Abstract]    
Other current assets $ 320 $ 327
Other noncurrent assets 233 249
Total $ 553 $ 576
v3.25.4
Inventories (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Inventory Disclosure [Abstract]    
Raw materials and supplies $ 797 $ 716
Work-in-process 138 132
Finished goods 997 972
Inventories $ 1,932 $ 1,820
v3.25.4
Goodwill and Other Intangible Assets - Changes in Carrying Amount of Goodwill (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Sep. 30, 2025
Goodwill [Line Items]    
Goodwill   $ 17,828
Accumulated impairment loss   (1,195)
Goodwill [Roll Forward]    
Balance at beginning of period $ 16,633  
Foreign currency translation and other (23)  
Balance at end of period 16,610  
Americas    
Goodwill [Line Items]    
Goodwill   14,092
Accumulated impairment loss   (918)
Goodwill [Roll Forward]    
Balance at beginning of period 13,174  
Foreign currency translation and other 20  
Balance at end of period 13,194  
EMEA    
Goodwill [Line Items]    
Goodwill   2,388
Accumulated impairment loss   (277)
Goodwill [Roll Forward]    
Balance at beginning of period 2,111  
Foreign currency translation and other (41)  
Balance at end of period 2,070  
Allocation of goodwill from EMEA to held for sale assets 38  
APAC    
Goodwill [Line Items]    
Goodwill   1,348
Accumulated impairment loss   $ 0
Goodwill [Roll Forward]    
Balance at beginning of period 1,348  
Foreign currency translation and other (2)  
Balance at end of period $ 1,346  
v3.25.4
Goodwill and Other Intangible Assets - Other Intangible Assets (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Definite-lived intangible assets    
Gross Carrying Amount $ 4,163 $ 4,133
Accumulated Amortization (2,588) (2,497)
Net 1,575 1,636
Indefinite-lived intangible assets    
Gross Carrying Amount 6,138 6,110
Net 3,550 3,613
Trademarks/trade names    
Definite-lived intangible assets    
Accumulated Amortization 0 0
Indefinite-lived intangible assets    
Gross Carrying Amount 1,975 1,977
Technology    
Definite-lived intangible assets    
Gross Carrying Amount 1,204 1,197
Accumulated Amortization (741) (714)
Net 463 483
Customer relationships    
Definite-lived intangible assets    
Gross Carrying Amount 2,023 2,026
Accumulated Amortization (1,312) (1,272)
Net 711 754
Miscellaneous    
Definite-lived intangible assets    
Gross Carrying Amount 936 910
Accumulated Amortization (535) (511)
Net $ 401 $ 399
v3.25.4
Goodwill and Other Intangible Assets - Narrative (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Goodwill and Intangible Assets Disclosure [Abstract]    
Amortization of intangible assets $ 87 $ 120
v3.25.4
Supplemental Cash Flow Disclosures (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Supplemental Cash Flow Elements [Abstract]    
Right-of-use assets obtained in exchange for operating lease liabilities $ 104 $ 130
v3.25.4
Supply Chain Financing (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Supplier Finance Program [Line Items]    
Supplier Finance Program, Obligation, Current, Statement of Financial Position [Extensible Enumeration] Accounts payable Accounts payable
Accounts payable included in SCF programs $ 910 $ 835
Minimum    
Supplier Finance Program [Line Items]    
Negotiated commercial terms 90 days  
Maximum    
Supplier Finance Program [Line Items]    
Negotiated commercial terms 120 days  
v3.25.4
Debt and Financing Arrangements - Summary (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Short-Term Debt [Line Items]    
Short-term debt $ 436 $ 723
Weighted average interest rate on short-term debt outstanding 4.30% 4.50%
Commercial paper    
Short-Term Debt [Line Items]    
Short-term debt $ 200 $ 400
Term loans    
Short-Term Debt [Line Items]    
Short-term debt 236 320
Bank borrowings    
Short-Term Debt [Line Items]    
Short-term debt $ 0 $ 3
v3.25.4
Debt and Financing Arrangements - Narrative (Details) - USD ($)
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Foreign currency exchange derivatives | Net financing charges    
Debt Instrument [Line Items]    
Amount of loss recognized in income on derivative $ 155,000,000 $ 144,000,000
$2.5 Billion Facility Expiring Dec 2024    
Debt Instrument [Line Items]    
Line of credit facility, maximum borrowing capacity 2,500,000,000  
Revolving Credit Facility    
Debt Instrument [Line Items]    
Long-term debt $ 0  
v3.25.4
Debt and Financing Arrangements - Components of Net Financing Charges (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Debt Disclosure [Abstract]    
Interest expense, net of capitalized interest costs $ 42 $ 67
Other financing charges 7 6
Interest income (2) (3)
Net foreign exchange results for financing activities 12 16
Net financing charges $ 59 $ 86
v3.25.4
Fair Value Measurements - Assets and Liabilities Measured at Fair Value (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets $ 381 $ 368
Total liabilities 81 43
Quoted Prices in Active Markets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 355 353
Total liabilities 0 0
Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 26 15
Total liabilities 62 24
Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Total assets 0 0
Total liabilities 19 19
Other current assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets 26 15
Other current assets | Quoted Prices in Active Markets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets 0 0
Other current assets | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets 26 15
Other current assets | Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative assets 0 0
Other noncurrent assets    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deferred compensation plan assets 64 63
Other noncurrent assets | Quoted Prices in Active Markets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deferred compensation plan assets 64 63
Other noncurrent assets | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deferred compensation plan assets 0 0
Other noncurrent assets | Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Deferred compensation plan assets 0 0
Other noncurrent assets | Fixed Income Securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 72 73
Other noncurrent assets | Fixed Income Securities | Quoted Prices in Active Markets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 72 73
Other noncurrent assets | Fixed Income Securities | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 0 0
Other noncurrent assets | Fixed Income Securities | Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 0 0
Other noncurrent assets | Equity Securities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 219 217
Other noncurrent assets | Equity Securities | Quoted Prices in Active Markets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 219 217
Other noncurrent assets | Equity Securities | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 0 0
Other noncurrent assets | Equity Securities | Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Investments in marketable common stock 0 0
Other current liabilities    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative liabilities 62 24
Contingent earn-out liabilities 19 19
Other current liabilities | Quoted Prices in Active Markets (Level 1)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative liabilities 0 0
Contingent earn-out liabilities 0 0
Other current liabilities | Significant Other Observable Inputs (Level 2)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative liabilities 62 24
Contingent earn-out liabilities 0 0
Other current liabilities | Significant Unobservable Inputs (Level 3)    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Derivative liabilities 0 0
Contingent earn-out liabilities $ 19 $ 19
v3.25.4
Fair Value Measurements - Debt Securities, Trading, and Equity Securities, FV-NI (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Fair Value Disclosures [Abstract]    
Equity securities, FV-NI, unrealized gain (loss) $ 4 $ (2)
v3.25.4
Fair Value Measurements - Narrative (Details)
$ in Millions, € in Billions, ¥ in Billions
3 Months Ended
Dec. 31, 2025
USD ($)
Dec. 31, 2024
USD ($)
Dec. 31, 2025
EUR (€)
Dec. 31, 2025
JPY (¥)
Sep. 30, 2025
USD ($)
Sep. 30, 2025
EUR (€)
Sep. 30, 2025
JPY (¥)
Fair Value [Line Items]              
Fair value of long term debt $ 9,000       $ 8,900    
Equity securities, FV-NI, unrealized gain (loss) 4 $ (2)          
Net Investment Hedging              
Fair Value [Line Items]              
Pre-tax gains (losses) related to net investment hedges recorded in other comprehensive income 16 $ 238          
Foreign currency denominated debt              
Fair Value [Line Items]              
Derivative, notional amount     € 2.9 ¥ 30   € 2.9 ¥ 30
Foreign currency denominated debt | Derivatives and Hedging Activities  Designated as Hedging Instruments              
Fair Value [Line Items]              
Total liabilities 3,500       3,600    
Quoted Prices in Active Markets (Level 1)              
Fair Value [Line Items]              
Fair value of long term debt 8,400       8,400    
Significant Other Observable Inputs (Level 2)              
Fair Value [Line Items]              
Fair value of long term debt $ 600       $ 500    
v3.25.4
Fair Value Measurements - Fair Value of Long-Term Debt (Details) - USD ($)
$ in Billions
Dec. 31, 2025
Sep. 30, 2025
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value of long term debt $ 9.0 $ 8.9
Public debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value of long term debt 8.4 8.4
Other long-term debt    
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]    
Fair value of long term debt $ 0.6 $ 0.5
v3.25.4
Weighted Average Shares Outstanding (Details) - shares
shares in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Weighted Average Shares Outstanding    
Basic weighted average shares outstanding (in shares) 611 662
Effect of dilutive securities:    
Stock options, unvested restricted stock and unvested performance share awards (in shares) 3 3
Diluted weighted average shares outstanding (in shares) 614 665
Antidilutive Securities    
Stock options and unvested restricted stock (in shares) 0 0
v3.25.4
Accumulated Other Comprehensive Income (Loss) (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning Balance $ 12,954  
Aggregate adjustment for the period 12 $ (135)
Ending Balance 13,233 17,130
AOCI Attributable to Parent    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning Balance (642) (964)
Ending Balance (631) (1,044)
Foreign currency translation adjustments    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning Balance (638) (956)
Aggregate adjustment for the period 5 (85)
Ending Balance (633) (1,041)
Other    
AOCI Including Portion Attributable to Noncontrolling Interest, Net of Tax [Roll Forward]    
Beginning Balance (4) (8)
Current period changes in fair value 10 8
Reclassification to income (4) (2)
Net tax impact 0 (1)
Ending Balance $ 2 $ (3)
v3.25.4
Pension and Postretirement Plans (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Retirement Benefits [Abstract]    
Service cost $ 4 $ 4
Interest cost 32 33
Expected return on plan assets (44) (46)
Amortization of prior service credit (1) (1)
Net periodic benefit credit $ (9) $ (10)
v3.25.4
Restructuring and Related Costs - Narrative (Details)
$ in Millions
Sep. 30, 2025
USD ($)
New Multi-Year Restructuring Plan  
Restructuring Cost and Reserve [Line Items]  
Restructuring costs to be incurred $ 400
v3.25.4
Restructuring and Related Costs - Schedule of Restructuring Reserve by Segment (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Restructuring Cost and Reserve [Line Items]    
Restructuring costs and asset impairment charges $ 87 $ 33
Current Restructuring Plans    
Restructuring Cost and Reserve [Line Items]    
Restructuring costs and asset impairment charges 37  
Restructuring and related cost, cost incurred to date 201  
Current Restructuring Plans | Corporate    
Restructuring Cost and Reserve [Line Items]    
Restructuring costs and asset impairment charges 14  
Restructuring and related cost, cost incurred to date 61  
Americas | Current Restructuring Plans | Operating Segments    
Restructuring Cost and Reserve [Line Items]    
Restructuring costs and asset impairment charges 9  
Restructuring and related cost, cost incurred to date 60  
EMEA | Current Restructuring Plans | Operating Segments    
Restructuring Cost and Reserve [Line Items]    
Restructuring costs and asset impairment charges 11  
Restructuring and related cost, cost incurred to date 60  
APAC | Current Restructuring Plans | Operating Segments    
Restructuring Cost and Reserve [Line Items]    
Restructuring costs and asset impairment charges 3  
Restructuring and related cost, cost incurred to date $ 20  
v3.25.4
Restructuring and Related Costs - Schedule of Restructuring Reserve by Type of Cost (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Restructuring Reserve [Abstract]    
Restructuring and related costs $ 87 $ 33
Current Restructuring Plans    
Restructuring Reserve [Abstract]    
Balance at September 30, 2025 44  
Restructuring and related costs 37  
Utilized—cash (30)  
Utilized—noncash (10)  
Other 5  
Balance at December 31, 2025 46  
Employee Severance and Termination Benefits | Current Restructuring Plans    
Restructuring Reserve [Abstract]    
Balance at September 30, 2025 39  
Restructuring and related costs 25  
Utilized—cash (28)  
Utilized—noncash 0  
Other 3  
Balance at December 31, 2025 39  
Long-Lived Asset Impairments | Current Restructuring Plans    
Restructuring Reserve [Abstract]    
Balance at September 30, 2025 0  
Restructuring and related costs 10  
Utilized—cash 0  
Utilized—noncash (10)  
Other 0  
Balance at December 31, 2025 0  
Other | Current Restructuring Plans    
Restructuring Reserve [Abstract]    
Balance at September 30, 2025 5  
Restructuring and related costs 2  
Utilized—cash (2)  
Utilized—noncash 0  
Other 2  
Balance at December 31, 2025 $ 7  
v3.25.4
Income Taxes (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Income Tax Examination [Line Items]    
Effective income tax rate 21.40% 11.50%
Gross tax effected unrecognized tax benefits $ 1,900  
Amount of unrecognized tax benefits which may impact effective tax rate 1,400  
Total net accrued interest, net of tax benefit 459  
Unrecognized tax benefits, income tax penalties and interest expense $ 30 $ 28
IRELAND    
Income Tax Examination [Line Items]    
Ireland statutory income tax rate 12.50% 12.50%
v3.25.4
Segment Information - Narrative (Details) - segment
3 Months Ended
Apr. 01, 2025
Dec. 31, 2025
Mar. 31, 2025
Segment Reporting, Disclosure of Entity's Reportable Segments [Abstract]      
Number of reportable segments 3 3 4
Number of operating segments   3  
v3.25.4
Segment Information - Financial Information Related to Company's Reportable Segments (Details) - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2025
Dec. 31, 2024
Segment Reporting Information [Line Items]    
Total $ 5,797 $ 5,426
Cost of sales 3,723 3,500
Selling, general and administrative expenses ("SG&A") 1,221 1,399
Equity loss (1) 0
Amortization of intangible assets 87 120
Segment EBIT 808 695
Corporate expenses 156 171
Restructuring and impairment costs 87 33
Water systems AFFF insurance recoveries (130) (4)
Net financing charges 59 86
Gain on business divestiture (70) 0
Net mark-to-market adjustments (2) 1
Income from continuing operations before income taxes 708 408
Operating Segments    
Segment Reporting Information [Line Items]    
Segment EBITA 895 815
Americas    
Segment Reporting Information [Line Items]    
Total 3,843 3,627
Cost of sales 2,429 2,278
Selling, general and administrative expenses ("SG&A") 794 760
Equity loss 0  
Segment EBITA 620 589
Amortization of intangible assets 76 95
Segment EBIT 544 494
Depreciation included in Cost of sales and SG&A 33 33
EMEA    
Segment Reporting Information [Line Items]    
Total 1,261 1,157
Cost of sales 808 754
Selling, general and administrative expenses ("SG&A") 295 267
Equity loss 0  
Segment EBITA 158 136
Amortization of intangible assets 7 20
Segment EBIT 151 116
Depreciation included in Cost of sales and SG&A 6 5
APAC    
Segment Reporting Information [Line Items]    
Total 693 642
Cost of sales 441 404
Selling, general and administrative expenses ("SG&A") 136 148
Equity loss (1)  
Segment EBITA 117 90
Amortization of intangible assets 4 5
Segment EBIT 113 85
Depreciation included in Cost of sales and SG&A $ 5 $ 5
v3.25.4
Guarantees (Details)
$ in Millions
3 Months Ended
Dec. 31, 2025
USD ($)
Movement in Standard Product Warranty Accrual [Roll Forward]  
Balance at September 30, 2025 $ 120
Accruals for warranties issued 33
Settlements made (28)
Changes in estimates to pre-existing warranties 9
Balance at December 31, 2025 $ 134
v3.25.4
Commitments and Contingencies - Schedule of Loss Contingencies by Contingency (Details) - USD ($)
$ in Millions
Dec. 31, 2025
Sep. 30, 2025
Loss Contingencies [Line Items]    
Reserve for environmental liabilities, current $ 24 $ 27
Reserve for environmental liabilities, noncurrent 156 160
Total reserves for environmental liabilities 180 187
Total asbestos-related liabilities 394 387
Total asbestos-related assets 340 339
Net asbestos-related liabilities 54 48
Restricted    
Insurance receivables for asbestos-related liabilities 43 44
Total self-insured liabilities 438 414
Asbestos Issue    
Loss Contingencies [Line Items]    
Total asbestos-related assets 297 295
Restricted    
Cash 6 5
Investments 291 290
Other current liabilities    
Loss Contingencies [Line Items]    
Total asbestos-related liabilities 58 58
Restricted    
Total self-insured liabilities 89 87
Other noncurrent liabilities    
Loss Contingencies [Line Items]    
Total asbestos-related liabilities 336 329
Restricted    
Total self-insured liabilities 311 289
Other current assets    
Loss Contingencies [Line Items]    
Total asbestos-related assets 14 13
Other noncurrent assets    
Loss Contingencies [Line Items]    
Total asbestos-related assets 326 326
Accrued compensation and benefits    
Restricted    
Total self-insured liabilities $ 38 $ 38
v3.25.4
Commitments and Contingencies - Narrative (Details)
$ in Millions
1 Months Ended 3 Months Ended
Apr. 12, 2024
USD ($)
Oct. 31, 2022
claim
Nov. 30, 2021
claim
Apr. 30, 2021
claim
Dec. 31, 2025
USD ($)
claim
state
subsidiary
Dec. 31, 2024
USD ($)
Sep. 30, 2025
USD ($)
claim
Nov. 30, 2022
claim
Mar. 31, 2022
subsidiary
Mar. 31, 2020
corporation
Loss Contingencies [Line Items]                    
Environmental loss contingencies payment period         20 years          
Conditional asset retirement obligations | $         $ 7   $ 7      
Loss contingency, number of subsidiaries in civil enforcement action | subsidiary                 2  
Insurance receivables for asbestos-related liabilities | $         130 $ 4        
Reserve for environmental liabilities, current | $         $ 24   27      
Loss contingency, number of tribal corporations | corporation                   2
FTC-Related Remediation and Litigation                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number               6    
Aqueous Film Forming Foam ("AFFF") Litigation                    
Loss Contingencies [Line Items]                    
Loss contingency, number of subsidiaries named in lawsuits | subsidiary         2          
AFFF Putative Class Actions                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number         49          
Loss contingency, proposed claims, number         7          
Loss contingency, pending claims, number of states originated from | state         21          
AFFF Individual or Mass Actions                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number         15,000          
Loss contingency, pending claims, number of states originated from | state         53          
AFFF Municipal and Water Provider Cases                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number         300          
Loss contingency, pending claims, number of states originated from | state         36          
Water Provider AFFF Settlement Agreement                    
Loss Contingencies [Line Items]                    
Contribution to resolve settlement | $ $ 750                  
Reserve for environmental liabilities, current | $             $ 415      
State or U.S. Territory Attorneys General Litigation Related to AFFF                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number         35          
Loss contingency, pending claims, number of states originated from | state         33          
State or U.S. Territory Attorneys General Litigation Related to AFFF | Alaska                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number       2            
Loss contingency, number of pending claims transferred to MDL       2            
State or U.S. Territory Attorneys General Litigation Related to AFFF | North Carolina                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number   2 4              
Loss contingency, number of pending claims transferred to MDL   2 4              
AFFF Property Damage                    
Loss Contingencies [Line Items]                    
Loss contingency, pending claims, number             4