Quarterly Report — Form 10-Q — Sect. 13 / 15(d) – SEA’34 Filing Table of Contents
Document/ExhibitDescriptionPagesSize
1: 10-Q Quarterly Report HTML 1.07M
2: EX-10.3 Material Contract HTML 36K
3: EX-10.4 Material Contract HTML 51K
4: EX-15 Letter re: Unaudited Interim Financial Info HTML 33K
5: EX-31.1 Certification -- §302 - SOA'02 HTML 38K
6: EX-31.2 Certification -- §302 - SOA'02 HTML 38K
7: EX-32 Certification -- §906 - SOA'02 HTML 33K
14: R1 Document and Entity Information HTML 51K
15: R2 Consolidated Statements of Financial Position HTML 131K
16: R3 Consolidated Statements of Financial Position HTML 33K
(Parenthetical)
17: R4 Consolidated Statements of Income HTML 128K
18: R5 Consolidated Statements of Comprehensive Income HTML 58K
(Loss)
19: R6 Consolidated Statements of Cash Flows HTML 151K
20: R7 Financial Statements HTML 86K
21: R8 New Accounting Standards HTML 46K
22: R9 Acquisitions and Divestitures HTML 50K
23: R10 Discontinued Operations (Notes) HTML 93K
24: R11 Percentage-of-Completion Contracts HTML 38K
25: R12 Inventories HTML 46K
26: R13 Goodwill and Other Intangible Assets (Notes) HTML 170K
27: R14 Product Warranties HTML 48K
28: R15 Significant Restructuring Costs HTML 222K
29: R16 Income Taxes HTML 57K
30: R17 Pension and Postretirement Plans HTML 91K
31: R18 Debt and Financing Arrangements HTML 68K
32: R19 Earnings Per Share HTML 73K
33: R20 Equity and Noncontrolling Interests HTML 249K
34: R21 Derivative Instruments and Hedging Activities HTML 249K
35: R22 Fair Value Measurements HTML 197K
36: R23 Impairment of Long-Lived Assets (Notes) HTML 37K
37: R24 Segment Information HTML 135K
38: R25 Commitments and Contingencies HTML 40K
39: R26 Merger Transaction (Notes) HTML 51K
40: R27 Financial Statements (Tables) HTML 71K
41: R28 Financial Statements Early Adoption of New HTML 46K
Accounting Pronouncement (Tables)
42: R29 Discontinued Operations (Tables) HTML 80K
43: R30 Inventories (Tables) HTML 45K
44: R31 Goodwill and Other Intangible Assets (Tables) HTML 162K
45: R32 Product Warranties (Tables) HTML 46K
46: R33 Significant Restructuring Costs Changes in HTML 56K
Restructuring Reserve - 2016 Restructuring Plan
(Tables)
47: R34 Changes in Restructuring Reserve - 2015 HTML 65K
Restructuring Plan (Tables)
48: R35 Significant Restructuring Costs Changes in HTML 84K
Restructuring Reserve - 2014 Restructuring Plan
(Tables)
49: R36 Significant Restructuring Costs Changes in HTML 107K
Restructuring Reserve - 2013 Restructuring Plan
(Tables)
50: R37 Income Taxes (Tables) HTML 42K
51: R38 Pension and Postretirement Plans (Tables) HTML 90K
52: R39 Debt and Financing Arrangements (Tables) HTML 53K
53: R40 Earnings Per Share (Tables) HTML 67K
54: R41 Equity and Noncontrolling Interests (Tables) HTML 245K
55: R42 Derivative Instruments and Hedging Activities HTML 228K
(Tables)
56: R43 Fair Value Measurements (Tables) HTML 175K
57: R44 Segment Information (Tables) HTML 116K
58: R45 Financial Statements - Carrying Amounts and HTML 49K
Classification of Assets and Liabilities for
Consolidated VIEs (Detail)
59: R46 Financial Statements - Additional Information HTML 57K
(Detail)
60: R47 Financial Statements New Accounting HTML 48K
Pronouncements, Early Adoption (Details)
61: R48 Acquisitions and Divestitures - Additional HTML 113K
Information (Detail)
62: R49 Discontinued Operations Discontinued Operations - HTML 60K
Additional Information (Details)
63: R50 Discontinued Operations Discontinued Operations by HTML 68K
Disposal Group - Global Workplace Solutions
(Details)
64: R51 Discontinued Operations Discontinued Operations - HTML 100K
Assets and Liabilities Held for Sale, Specific
Transactions (Details)
65: R52 Percentage-of-Completion Contracts (Detail) HTML 38K
66: R53 Inventories - Schedule of Inventories (Detail) HTML 42K
67: R54 Goodwill and Other Intangible Assets - Changes in HTML 61K
Carrying Amount of Goodwill (Details)
68: R55 Goodwill and Other Intangible Assets - Goodwill HTML 39K
Additional Information (Details)
69: R56 Goodwill and Other Intangible Assets - Other HTML 58K
Intangible Assets (Details)
70: R57 Goodwill and Other Intangible Assets - Other HTML 47K
Intangible Assets Additional Information (Details)
71: R58 Product Warranties - Additional Information HTML 34K
(Detail)
72: R59 Product Warranties - Changes in Carrying Amount of HTML 45K
Product Warranty liability (Detail)
73: R60 Significant Restructuring Costs Change in HTML 103K
Restructuring Reserve - 2016 Restructuring Plan
(Details)
74: R61 Significant Restructuring Costs Changes in HTML 81K
Restructuring Reserve - 2015 Restructuring Plan
(Details)
75: R62 Significant Restructuring Costs Changes in HTML 75K
Restructuring Reserve - 2014 Restructuring Plan
(Details)
76: R63 Significant Restructuring Costs Changes to HTML 105K
Restructuring Reserve - 2013 Restructuring Plan
(Details)
77: R64 Significant Restructuring Costs - Additional HTML 186K
Information (Detail)
78: R65 Income Taxes - Tax Jurisdictions and Years HTML 70K
Currently under Audit Exam (Details)
79: R66 Income Taxes - Additional Information (Detail) HTML 69K
80: R67 Pension and Postretirement Plans - Components of HTML 55K
Net Periodic Benefit Cost (Detail)
81: R68 Debt and Financing Arrangements - Additional HTML 105K
Information (Detail)
82: R69 Debt and Financing Arrangements - Components of HTML 41K
Net Financing Charges (Details)
83: R70 Earnings Per Share - Earnings Per Share (Detail) HTML 62K
84: R71 Earnings Per Share - Additional Information HTML 37K
(Detail)
85: R72 Equity and Noncontrolling Interests - Equity HTML 133K
Attributable to Johnson Controls, Inc. and
Noncontrolling Interests (Details)
86: R73 Equity and Noncontrolling Interests Equity and HTML 34K
Noncontrolling Interests - Additional Information
(Details)
87: R74 Equity and Noncontrolling Interests - Changes in HTML 48K
Redeemable Noncontrolling Interests (Details)
88: R75 Equity and Noncontrolling Interests - Accumulated HTML 102K
Other Comprehensive Income (Details)
89: R76 Derivative Instruments and Hedging Activities - HTML 38K
Outstanding commodity hedge contracts (Detail)
90: R77 Derivative Instruments and Hedging Activities - HTML 86K
Location and Fair Values of Derivative Instruments
and Hedging Activities (Detail)
91: R78 Derivative Instruments and Hedging Activities HTML 56K
Derivative Instruments and Hedging Activities -
Offsetting Assets and Liabilities (Details)
92: R79 Derivative Instruments and Hedging Activities - HTML 77K
Location and Amount of Gains and Losses on
Derivative Instruments and Related Hedge Items
(Detail)
93: R80 Derivative Instruments and Hedging Activities HTML 53K
Derivative Instruments and Hedging Activities -
Fixed Rate Bonds (Details)
94: R81 Derivative Instruments and Hedging Activities - HTML 72K
Additional Information (Detail)
95: R82 Fair Value Measurements - Assets and Liabilities HTML 127K
Measured at Fair Value (Detail)
96: R83 Fair Value Measurements Fair Value Measurements - HTML 52K
Fixed Rate Bonds (Details)
97: R84 Fair Value Measurements - Additional Information HTML 51K
(Detail)
98: R85 Impairment of Long-Lived Assets (Details) HTML 42K
99: R86 Segment Information - Additional Information HTML 36K
(Detail)
100: R87 Segment Information - Financial Information HTML 69K
Related to Company's Reportable Segments (Detail)
101: R88 Commitments and Contingencies - Additional HTML 36K
Information (Detail)
102: R89 Merger Transaction Merger Transaction (Details) HTML 58K
104: XML IDEA XML File -- Filing Summary XML 195K
103: EXCEL IDEA Workbook of Financial Reports XLSX 119K
8: EX-101.INS XBRL Instance -- jci-20160331 XML 5.70M
10: EX-101.CAL XBRL Calculations -- jci-20160331_cal XML 288K
11: EX-101.DEF XBRL Definitions -- jci-20160331_def XML 1.09M
12: EX-101.LAB XBRL Labels -- jci-20160331_lab XML 2.04M
13: EX-101.PRE XBRL Presentations -- jci-20160331_pre XML 1.43M
9: EX-101.SCH XBRL Schema -- jci-20160331 XSD 259K
105: ZIP XBRL Zipped Folder -- 0000053669-16-000069-xbrl Zip 351K
This offer sets forth the specifics of the compensation and allowance package established for you in connection with your assignment as Vice President and President Asia Pacific with Johnson Controls, Inc.
The basis for the terms and conditions, the compensation and allowances during the term of this assignment, as they are specified in this letter, is carried by the Johnson Controls International Assignment Policy dated January, 2016, of which you received a copy.
This Assignment Letter should be read in conjunction with the Employment Agreement between the employee and Johnson Controls,
if applicable. To the extent there is a conflict between the terms of this letter and the terms of the Employment Agreement, the terms of the present Assignment letter will be controlling.
This employment letter is subject to you being able to obtain the necessary work visa/residence permit(s) in China and the necessary vaccinations/immunizations if applicable.
Your foreign assignment is expected to last two years, commencing on Oct 1st, 2016 provided that all immigration documents are in order. It is understood that during the assignment, you may be transferred at any time to any other Company location in the U. S. or abroad, depending on the needs of the
Company. At the end of your assignment, assuming your performance has been satisfactory, the Company will make reasonable efforts to place you in a position that matches your capabilities and our business needs.
Base Salary:
Your base salary effective with the assignment will be $460,000 USD annually. Salary administration procedures are in accordance with your home country guidelines. While on foreign assignment, you will be paid once a month.
Bonus:
Your
bonus will be targeted at 65% of your base salary.
Goods and Services Allowance:
You will receive a Goods and Services allowance, where applicable, using information that we receive from our cost of living data provider. If applicable, you will be paid this allowance every month to offset the difference in costs for goods and services between your home country and your host location. It will be your responsibility to communicate any changes in your family size or base salary to your International Assignment Analyst. This index is based upon the Cost Effective Home Country Index. This will become effective the date you move into long term housing and cease to be reimbursed for temporary living expenses. This
allowance
will cease the date you move out of permanent housing in the host country, or if you have to leave the host country for an extended period. It is your responsibility to notify your International Assignment Analyst about the dates you move in and/or out of temporary living.
Relocation Allowance:
You will receive a 5% Relocation Allowance at the beginning of your assignment. In addition, upon successful completion of your assignment, and return to your home country, you will receive a 5% (of your base salary) relocation allowance less applicable taxes paid by you.
The relocation allowances will be delivered less applicable taxes paid by you.
This
allowance is capped at 5% of the mid-range of grade 182.
Hardship Allowance:
The Company will pay a 15% (of your base salary) hardship allowance to you. The hardship allowance begins with the effective date of your assignment. Please refer to your compensation worksheet for the monthly allowance amount. It will be paid each monthly pay period and will continue only during the time that the area is classified as an area that warrants a hardship allowance. The hardship percentage will be reviewed annually and may increase or decrease depending on the change in conditions. The hardship allowance will discontinue upon the
completion of this assignment.
Host Housing:
You will receive housing in your host location that is commensurate with your peers in that location. Utilities, including heat, water, electricity, and the installation charges for cable and telephone are included in the company paid host country housing payments. Service utilities, such as phone and cable, are not reimbursed, as they are part of the goods and services allowance.
Home Country Residence:
Per policy, “If the assignee decides to sell his or her
primary home, a housing norm will be deducted coinciding with cessation of the home country housing obligation.” As an exception to the policy, if you decide to sell your home in Wisconsin, the Company will not deduct a housing norm from your pay. Further as an exception the Company has agreed to give you temporary living for up to 60 days and storage throughout your assignment in the event that you do sell your principal residence. The Company does not provide home sale support.
Please note regardless of your decision on the potential sale of your home, you will continue to be tax equalized back to the state of Wisconsin.
Furniture
Allowance:
It is the intent of the Company to provide you with furnished housing. In some cases, this may not include basic amenities such as large appliances, cabinets, etc. In such case, where a furniture allowance will be provided, this allowance will be determined by the Host Country HR Representative or a Third Party Consultant.
Host Country Transportation:
A car and driver will be provided for you.
Home Country Car Sale:
You
will be reimbursed for the sale of your personal car (leased or owned) according to policy. You will be responsible for selling your car and/or canceling your lease.
We will not pay the costs associated with the shipment of a personal vehicle to or from the foreign location.
Dependent Education:
The
Company will pay for the host country education costs of your dependents for elementary through secondary School. If there is no adequate elementary or secondary school within the normal commuting distance, the Company will pay for a boarding school. Please see policy for details.
Dependent Visitation:
You will be reimbursed for the lowest direct fares on an annual basis. Dependent Visitation is limited to school age dependents that have remained in the home location. Please see policy for details.
Vacations and Holidays:
You
will continue to be eligible for vacation based upon your home country policy. You will observe the work hours and holidays of the host country.
Home Leave:
You and your accompanying family members are eligible for four home leaves (business class) each year of assignment.
Host Country Club Membership:
You are eligible for reimbursement of 50% of the club membership and initiation fees up to a maximum of $2000 annually for the entire family.
Tax Equalization:
You
will receive Tax Equalization assistance to minimize, within practical limits, any tax advantage, or disadvantage of your foreign assignment (in accordance with the Johnson Controls Tax Equalization Policy). This comes in the form of tax preparation work from our tax provider. It will remain your responsibility to file the necessary income tax returns, including any estimated returns, in your home country and host location. You are required to furnish any withholding allowances and exemption certificates that are necessary, so that the company’s withholding tax payments can be minimized within the requirements of the law. For US Expatriates, Social Security Contributions will continue to be made by you. Please see policy for details.
Termination:
During
your assignment, you will remain an at-will employee of the Company, which means that you or the Company may terminate your employment at any time. The Company reserves the right to terminate your employment at any time for cause. If you are terminated for cause, the Company will have no further obligation to you. Cause for termination includes, but is not limited to, willful misconduct; violation of the Company’s ethics or zero tolerance policies, and job-related criminal conduct. For termination other than for cause, please see the Global Assignment Policy.
Retirement:
If
you retire under the provisions of the Company’s retirement program, we will return you and your accompanying family members to the home location, provided that the return is within 30 days following your retirement date.
Benefits:
You will continue to participate in the benefit programs of your home country, unless prohibited by home or host country laws, regulations, or costs. In such cases, an applicable coverage in the form of an expatriate benefits package will be provided to cover pension, medical, disability, and death benefits, if necessary. Please see policy for details.
Relocation:
You
and your spouse will be entitled to a pre-move trip to the assignment location for up to a seven day period. This should cover house hunting, school selection, etc.
You are eligible for destination services by the Host Country HR Representative or our Third Party Provider, Brookfield Global Relocation.
You and your accompanying dependents are eligible for Temporary Living Expenses at the home and host country locations for a total period of 30 days.
You and your accompanying
dependents will be reimbursed for the travel expenses to your host location.
You are eligible for settling in services by our Third Party Provider, Brookfield Global Relocation, or the Local HR Representative.
If applicable, you are eligible for a rental car for up to 30 days.
You will be reimbursed for a shipment of essential items not available, or included, in the host country, furnished housing. If furnished housing is not available, you will be allowed a household shipment of goods according to the allowances described in our policy.
If you sold your home or broke your rental lease, storage of household goods
will be provided.
The Company will not pay the costs associated with the relocation of household pets.
*Please refer to the section titled “Initial Relocation” in the Global Assignment Policy for the details of your relocation benefits.
Repatriation:
You and your accompanying dependents will be reimbursed for travel expenses back to your home country.
You and your accompanying dependents will be allowed a total
of 30 days of temporary living.
You will be allowed a rental car for up to 30 days.
You will be allowed a return shipment of goods, which can be 10% greater than the original shipment weight.
Disputes About This Letter:
The parties agree that all disputes regarding this assignment letter or interpretation of the letter shall be governed by the laws of the State of Wisconsin and the parties further agree that the exclusive judicial forum for resolving all such disputes shall be the courts of the State of Wisconsin. If any provision of this Assignment Letter is judicially or otherwise declared to be invalid, unenforceable
or void, the remaining provisions shall nevertheless be effective to the same extent as if such invalid or unenforceable provision had never been included.
