JCI · 10-K · 2026A · Full report

Acquisitions and Divestitures

Johnson Controls International plc · 2026-11-12 · Importance 44 · Surprise 58

Fiscal 2026 investing cash use increased to $468 million from $412 million, primarily reflecting acquisitions of Alloy Enterprises and Nantum AI, net investment activity and higher capital expenditures. Proceeds from the ADT Mexico and ADT Spain divestitures partly offset that spending. The company recorded a $70 million gain on the ADT Mexico business divestiture in SG&A. The fiscal 2026 change in discontinued-operations cash flows also included approximately $155 million paid for final purchase-price adjustments and other costs related to the R&LC HVAC sale to Bosch Group.

Key facts

• Johnson Controls' higher cash use in investing activities was primarily due to its acquisitions of Alloy Enterprises and Nantum AI, net investment activity, and higher capital expenditures, partially offset by proceeds from ADT Mexico and ADT Spain divestitures. source
• In fiscal 2026, Johnson Controls paid approximately $155 million for final purchase-price adjustments and other sale-related costs associated with the R&LC HVAC business sale to the Bosch Group. source