53669--12/5/2006--JOHNSON_CONTROLS_INC

related topics
{condition, economic, financial}
{cost, operation, labor}
{cost, regulation, environmental}
{financial, litigation, operation}
{product, market, service}
{acquisition, growth, future}
{capital, credit, financial}
{regulation, change, law}
{operation, international, foreign}
{gas, price, oil}
We are subject to regulation of our international operations that could adversely affect our business and results of operations. We are subject to costly requirements relating to environmental regulation and environmental remediation matters, which could adversely affect our business and results of operations. Negative or unexpected tax consequences could adversely affect our results of operations. We may be adversely affected by legal proceedings in which we are, or may be, a party. An increase in our level of indebtedness could lead to a downgrade in the ratings of our debt and, in turn, restrict our ability to access the debt capital markets. We may be unable to complete or integrate acquisitions effectively, which may adversely affect our profitability and results of operations. Decreased demand from our customers in the automotive industry may adversely affect our results of operations. The financial distress of our suppliers could harm our results of operations. Change in consumer demand may adversely affect our results of operations. We may not be able to successfully negotiate pricing terms with our customers in the automotive experience business, which may adversely affect our results of operations. Increases in commodity prices may adversely affect our results of operations. The cyclicality of original equipment automobile production rates may adversely affect the results of operations in our automotive experience and power solutions businesses. A variety of factors could adversely affect the results of operations of our automotive experience business. We face increasing competition and pricing pressure from other companies in the power solutions business.

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