Johnson Controls said Q4 sales increased 3% to $6.4 billion, with organic sales up 4%, and full-year sales increased 3% to $23.6 billion, with organic sales up 6%. Q4 GAAP EPS was $0.42 and adjusted EPS was $1.26.

1. 01

   Johnson Controls said Q4 sales increased 3% to $6.4 billion, with organic sales up 4%, and full-year sales increased 3% to $23.6 billion, with organic sales up 6%. Q4 GAAP EPS was $0.42 and adjusted EPS was $1.26.

2. 02

   The company said Systems and Services backlog increased 13% organically year-over-year to $14.9 billion, and Q4 orders increased 6% organically year-over-year.

3. 03

   Johnson Controls said that in Q4, total cash provided by operating activities was $968 million, free cash flow was $838 million and adjusted free cash flow was $710 million. The company paid dividends of $243 million in the quarter.

4. 04

   The company sold its Residential and Light Commercial HVAC business to Bosch Group for $8.3 billion in cash, with the company's portion of the aggregate consideration being approximately $6.9 billion. Johnson Controls also entered into accelerated share repurchase transactions for $5.0 billion and received an initial delivery of 43.1 million shares in August.

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AI summarized the filing and translated the summary into English; it may differ from the original. For reference only, not investment advice. AI translated the published Korean report into English. Figures are copied as filed, not recalculated.

Original filing

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