Johnson Controls Reports Record 2013 Fourth Quarter Earnings; Expects 30% Earnings Increase in Q1 2014

For the fiscal 2013 fourth quarter, Johnson Controls (NYSE: JCI) reported net income of $105 million, or $0.15 per share, on $11.0 billion in revenues. Excluding restructuring and non-recurring items in the 2013 and 2012 fiscal fourth quarters, highlights (non-GAAP) include