ADDED
As of October 31, 2025, 611,135,655 ordinary shares, par value $0.01 per share, were outstanding.
PART I ITEM 1 BUSINESS General Johnson Controls International plc, headquartered in Cork, Ireland, is a global leader in smart, healthy and sustainable buildings, serving a wide range of customers around the globe.
Following this acquisition, Johnson Controls continued to expand its portfolio of building-related product and service offerings.
On July 31, 2025, the Company completed the divestiture of its Residential and Light Commercial ("R LC") HVAC business to Robert Bosch GmbH ( Bosch ).
The Company partners with customers by leveraging its broad product portfolio with digital capabilities, together with its direct channel service and solutions capabilities, to deliver solutions and services addressing distinct and diverse operating environments and regulatory requirements that address customers needs in their core missions.
Business Segments In connection with the divestiture of the R LC HVAC business, the Company realigned its organizational structure into three regional reporting segments (Americas, EMEA and APAC) from four reporting segments (Global Products, Building Solutions North America, Building Solutions EMEA/LA and Building Solutions APAC).
The Company implemented this change effective April 1, 2025 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.
As a result, 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 (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.
REMOVED
As of October 31, 2024, 662,185,383 ordinary shares, par value $0.01 per share, were outstanding.
PART I ITEM 1 BUSINESS General Johnson Controls International plc, headquartered in Cork, Ireland, is a global leader in smart, healthy and sustainable buildings, serving a wide range of customers in more than 150 countries.
Following this acquisition, Johnson Controls continued to expand its portfolio of building related product and service offerings for residential and commercial customers.
In 2016, the Company completed the spin-off of its automotive business into Adient plc, an independent, publicly traded company.
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.
In 2024, the Company announced that it was evaluating its non-core product lines in connection with its objective to be a pure-play provider of technologies and solutions for commercial buildings.
During the fourth quarter of fiscal 2024, the Company completed the sale of its Air Distribution Technologies business included within its Global Products segment.
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 ).
( Hitachi ), of which the Company owns 60% and Hitachi owns 40%.
The sale of the R LC HVAC business is expected to be completed in the fourth quarter of fiscal 2025.