Johnson Controls said it realigned its reporting segments into three regional segments, Americas, EMEA and APAC, from four segments, Global Products, Building Solutions North America, Building Solutions EMEA/LA and Building Solutions APAC, effective April 1, 2025.

1. 01

   Johnson Controls said it realigned its reporting segments into three regional segments, Americas, EMEA and APAC, from four segments, Global Products, Building Solutions North America, Building Solutions EMEA/LA and Building Solutions APAC, effective April 1, 2025.

2. 02

   The company furnished unaudited historical quarterly financial information reflecting the new reporting structure on a continuing operations basis as Exhibit 99.1. It said this information is subject to further adjustments.

3. 03

   The company disclosed that under the new structure, Americas segment net sales for fiscal 2024 were $15,606 million, and segment EBITA was $2,679 million. Full-year figures for fiscal 2023 were $14,529 million and $2,343 million, respectively.

4. 04

   The company said it excluded Earn-out adjustments, Product quality costs, EMEA joint venture loss and Uninsured warehouse fire loss from adjusted segment EBITA (non-GAAP). Americas earn-out adjustments for full-year fiscal 2024 were $(68) million.

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