JCI · 10-K · 2026A · Full report

FX / Currency Impact

Johnson Controls International plc · 2026-11-12 · Importance 33 · Surprise 38

Johnson Controls hedges 70% to 90% of the nominal amount of each known foreign-exchange transactional exposure, primarily using foreign currency exchange contracts to reduce earnings and cash-flow effects. At September 30, 2026, an unfavorable 10% exchange-rate change was estimated to decrease net unrealized gains by approximately $113 million, compared with $166 million at September 30, 2025, a decrease of about 32%.

Key facts

• At September 30, 2026, Johnson Controls International plc estimated that an unfavorable 10% change in exchange rates would have decreased net unrealized gains by approximately $113 million. source
• At September 30, 2025, Johnson Controls International plc estimated that an unfavorable 10% change in exchange rates would have decreased net unrealized gains by approximately $166 million. source
• Johnson Controls International plc hedges 70% to 90% of the nominal amount of each known foreign exchange transactional exposure. source
• Johnson Controls states that a substantial weakening or strengthening of foreign currencies against the U.S. dollar could respectively increase or reduce its profit margin and affect comparability between periods. source