<PAGE>
UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): October 26, 2000
Commission File Number 1-5097
JOHNSON CONTROLS, INC.
(Exact name of registrant as specified in its charter)
Wisconsin 39-0380010
(State of Incorporation) (I.R.S. Employer Identification No.)
5757 N. Green Bay Avenue
P.O. Box 591
Milwaukee, Wisconsin 53201
(Address of principal executive offices) (Zip Code)
Registrant's telephone number, including area code: (414) 228-1200
<PAGE>
ITEM 5 OTHER EVENTS
-------------------
Johnson Controls wishes to take advantage of the "safe harbor" provisions of the
Private Securities Litigation Reform Act of 1995 by filing this Form 8-K. By
filing this form, Johnson Controls wishes to caution readers that the following
important factors, among others, in some cases have affected, and in the future
could affect, Johnson Controls' actual results and could cause its actual
consolidated results for the current period, and beyond, to differ materially
from those expressed in any forward-looking statements made by, or on behalf of,
Johnson Controls.
CHANGES IN THE MARKETPLACE
A significant decline in the automobile production rate in the US, Europe,
South America and/or Asia/Pacific Rim region; changes in automobile battery
supply contracts with Johnson Controls' major customers; restrictions
placed upon automobile manufacturers which limit their ability to
subcontract for component parts, such as collective bargaining agreements
and union negotiations; cyclicality of the automobile parts industry; a
significant decline in the construction of new commercial buildings
requiring interior control systems; major changes in energy costs or
governmental regulations that would decrease the incentive for customers to
update or improve their interior control systems; impact of weather on
demand for interior control products; decline in the outsourcing of
facility management; privatization of facility management of government
facilities
CHANGES IN LABOR FORCE
The effects of labor strikes, work stoppages, or other interruptions;
difficulties in securing laborers in major markets where the corporation
purchases material, components, and supplies or where the company's
products are produced, distributed or sold
CHANGES IN COMPETITION
Increased pressure to change the selling price for Johnson Controls'
products with resulting effects on margins; increased entries of new
competitors into markets; Johnson Controls' continued ability to remain a
Tier 1 supplier to the automobile industry
CHANGES IN COMPANY STRUCTURE
Start-up expenses incurred by expanding the company, including
inefficiencies and delays; overcapacity of the production plants in the
industries in which Johnson Controls operates; underutilization of plants
and factories, including plant expansions, resulting in production
inefficiencies and higher costs; Johnson Controls' continued ability to
achieve cost reduction targets; amount, rate and growth in Johnson
Controls' selling, general and administrative expenses; impact of unusual
items resulting from on-going evaluations of business strategies, asset
valuations, acquisitions, divestitures and organizational structures
CHANGES IN POLITICAL ENVIRONMENT
Effects stemming from changes in trade policies, laws, regulations,
activities of governmental agencies, monetary policies, fiscal policies,
and other social economic conditions such as trade restrictions or
prohibitions; inflation and other monetary fluctuations; import and other
charges or taxes; the ability of Johnson Controls to obtain, or hedge
against foreign exchange rates and fluctuations in those rates; the
existence of unstable governments and legal systems which may impact
Johnson Controls' continuity of business and ability to obtain
authorizations and licensing; possible effects new legislation,
specifically including the recent Transportation Recall Enhancement
Accountability and Documentation Act (TREAD) and associated rulemaking
2
<PAGE>
CHANGES IN LEGAL PROCEEDINGS
The costs and other effects of legal and administrative cases and
proceedings (whether civil, such as environmental and product-related, or
criminal), settlements, investigations, claims, and changes in those items;
the costs associated with any recalls for products manufactured by Johnson
Controls; developments or assertions by or against Johnson Controls
relating to intellectual property rights and intellectual property
licenses; adoption of new or updated accounting policies and practices
CHANGES IN ECONOMY
Persistence of long-term economic uncertainty in Asia and other emerging
markets in which Johnson Controls competes; other economic changes that may
effect the adequacy of cash flows from operations to cover capital
recourses and debt
SIGNATURES
----------
Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant as duly caused this report to be to be signed on its behalf by the
undersigned hereunto duly authorized.
JOHNSON CONTROLS
BY: Stephen A. Roell
Senior Vice President and
Chief Financial Officer
Date: 10/26/00
3
