diff --git a/drivers/base/core.c b/drivers/base/core.c
index 4c5be85..356dd01 100644
--- a/drivers/base/core.c
+++ b/drivers/base/core.c
@@ -1734,10 +1734,25 @@
  */
 void device_shutdown(void)
 {
-	struct device *dev, *devn;
+	struct device *dev;
 
-	list_for_each_entry_safe_reverse(dev, devn, &devices_kset->list,
-				kobj.entry) {
+	spin_lock(&devices_kset->list_lock);
+	/*
+	 * Walk the devices list backward, shutting down each in turn.
+	 * Beware that device unplug events may also start pulling
+	 * devices offline, even as the system is shutting down.
+	 */
+	while (!list_empty(&devices_kset->list)) {
+		dev = list_entry(devices_kset->list.prev, struct device,
+				kobj.entry);
+		get_device(dev);
+		/*
+		 * Make sure the device is off the kset list, in the
+		 * event that dev->*->shutdown() doesn't remove it.
+		 */
+		list_del_init(&dev->kobj.entry);
+		spin_unlock(&devices_kset->list_lock);
+
 		if (dev->bus && dev->bus->shutdown) {
 			dev_dbg(dev, "shutdown\n");
 			dev->bus->shutdown(dev);
@@ -1745,6 +1760,10 @@
 			dev_dbg(dev, "shutdown\n");
 			dev->driver->shutdown(dev);
 		}
+		put_device(dev);
+
+		spin_lock(&devices_kset->list_lock);
 	}
+	spin_unlock(&devices_kset->list_lock);
 	async_synchronize_full();
 }