On the Record · Johnson Controls International
Johnson Controls International acquisitions, on the record
The businesses Johnson Controls International bought and sold, as its annual reports describe them, with the cash it reported paying for acquisitions each year and every deal filing since 2016.
Deals its annual reports describe
| Business | Deal | When | Value |
|---|---|---|---|
York InternationalWord for word“In 2005, Johnson Controls acquired York International, a global supplier of heating, ventilating and air-conditioning ("HVAC") and refrigeration equipment and services.” 10-K for 2023 | acquisition | 2005 | — |
Air Distribution Technologies, Inc.Word for word“In 2014, Johnson Controls acquired Air Distribution Technologies, Inc., one of the largest independent providers of air distribution and ventilation products in North America.” 10-K for 2023 | acquisition | 2014 | — |
Tyco International plcWord for word“In 2016, Johnson Controls, Inc. and Tyco International plc ("Tyco") completed their combination (the "Merger"), combining Johnson Controls' portfolio of building efficiency solutions with Tyco's portfolio of fire and security solutions.” 10-K for 2023 | merger | 2016 | — |
Automotive business (Adient plc)Word for word“In 2016, the Company completed the spin-off of its automotive business into Adient plc, an independent, publicly traded company.” 10-K for 2023 | divestiture | 2016 | — |
Power Solutions businessWord for word“In 2019, the Company closed the sale of its Power Solutions business, completing the Company’s transformation into a pure-play building technologies and solutions provider.” 10-K for 2023 | divestiture | 2019 | — |
FM:SystemsWord for word“As described in Management’s Report on Internal Control Over Financial Reporting, management has excluded FM:Systems from its assessment of internal control over financial reporting as of September 30, 2023 because it was acquired by the Company in a purchase business combination in July 2023.” 10-K for 2023 | acquisition | July 2023 | — |
Air Distribution Technologies businessWord for word“During the fourth quarter of fiscal 2024, the Company completed the sale of its Air Distribution Technologies business included within its Global Products segment.” 10-K for 2024 | divestiture | During the fourth quarter of fiscal 2024 | — |
Residential and Light Commercial ("R&LC") HVAC business to Robert Bosch GmbH ("Bosch")Word for word“During the fourth quarter of fiscal 2024, the Company entered into a definitive agreement to sell its Residential and Light Commercial ("R&LC") HVAC business to Robert Bosch GmbH (“Bosch”) for approximately $8.1 billion in cash with the Company's portion of the aggregate consideration being approximately $6.7 billion, inclusive of an upfront royalty payment for the licensing of the York tradename.” 10-K for 2024 | agreed divestiture | During the fourth quarter of fiscal 2024 | approximately $8.1 billion in cash |
Residential and Light Commercial ("R&LC") HVAC businessWord for word“On July 31, 2025, the Company completed the divestiture of its Residential and Light Commercial ("R&LC") HVAC business to Robert Bosch GmbH (“Bosch”) for net cash proceeds of approximately $5.6 billion after tax and transaction-related expenses.” 10-K for 2025 | divestiture | July 31, 2025 | approximately $5.6 billion |
| Fiscal year ended | Cash paid for acquisitions (net of cash acquired) | Cash received from selling businesses | Goodwill from acquisitions |
|---|---|---|---|
| 2016-09-30 | −$353 million | $32 million | $16.62 billion |
| 2017-09-30 | $6 million | $0 | −$256 million |
| 2018-09-30 | $21 million | $0 | $15 million |
| 2019-09-30 | $25 million | $4 million | $25 million |
| 2020-09-30 | $77 million | $2 million | $56 million |
| 2021-09-30 | $725 million | — | $300 million |
| 2022-09-30 | $269 million | — | $219 million |
| 2023-09-30 | $726 million | — | $586 million |
| 2024-09-30 | $3 million | — | — |
| 2025-09-30 | $10 million | — | — |
Deal filings since 2016
- 2024-07-26 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2024-04-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2021-09-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2020-09-11 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-12-06 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2019-05-01 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2018-11-13 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-12-04 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-03-15 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2017-02-07 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-12-12 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-10-31 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-10-03 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-09-09 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-09-06 Form 8-K, Item 2.01: Completion of Acquisition or Disposition of Assets
- 2016-03-16 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
- 2016-01-27 Form 8-K, Item 1.01: Entry into a Material Definitive Agreement
Read from Johnson Controls International’s annual reports (10-K for 2025, 10-K for 2024, 10-K for 2023) and the financial data it files with the SEC, as of 2025-11-14. Every quotation is word for word from the filing linked beside it; how these pages are built and checked. The full record is in its company data sheet.