0000000000-21-003635.txt : 20210511 0000000000-21-003635.hdr.sgml : 20210511 20210325153007 ACCESSION NUMBER: 0000000000-21-003635 CONFORMED SUBMISSION TYPE: UPLOAD PUBLIC DOCUMENT COUNT: 2 FILED AS OF DATE: 20210325 FILED FOR: COMPANY DATA: COMPANY CONFORMED NAME: MERITOR, INC. CENTRAL INDEX KEY: 0001113256 STANDARD INDUSTRIAL CLASSIFICATION: MOTOR VEHICLE PARTS & ACCESSORIES [3714] IRS NUMBER: 383354643 STATE OF INCORPORATION: IN FISCAL YEAR END: 0930 FILING VALUES: FORM TYPE: UPLOAD BUSINESS ADDRESS: STREET 1: 2135 W MAPLE ROAD CITY: TROY STATE: MI ZIP: 48084 BUSINESS PHONE: 248-435-1000 MAIL ADDRESS: STREET 1: 2135 W MAPLE ROAD CITY: TROY STATE: MI ZIP: 48084 FORMER COMPANY: FORMER CONFORMED NAME: MERITOR INC DATE OF NAME CHANGE: 20110324 FORMER COMPANY: FORMER CONFORMED NAME: ARVINMERITOR INC DATE OF NAME CHANGE: 20000511 FORMER COMPANY: FORMER CONFORMED NAME: MU SUB INC DATE OF NAME CHANGE: 20000501 LETTER 1 filename1.pdf begin 644 filename1 M)5!$1BTQ+C4*)>+CS],*,2 P(&]B:@H\/"]#;VQO7!E+UA/8FIE8W0O5VED=&@@,30R."],96YG=&@@,S8U+T)I='-097)# M;VUP;VYE;G0@.#X^7M0Q1$1$1$1$1&3"Q\<'QA6_?__&K *98K_? 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filename2.txt United States securities and exchange commission logo March 25, 2021 Carl D. Anderson II Chief Financial Officer Meritor, Inc. 2135 West Maple Road Troy, Michigan 48084-7186 Re: Meritor, Inc. Form 10-K for the Fiscal Year Ended September 27, 2020 Response letter dated March 16, 2021 File No. 001-15983 Dear Mr. Anderson II: We have reviewed your March 16, 2021 response to our comment letter and have the following comments. In some of our comments, we may ask you to provide us with information so we may better understand your disclosure. Please respond to these comments within ten business days by providing the requested information or advise us as soon as possible when you will respond. If you do not believe our comments apply to your facts and circumstances, please tell us why in your response. After reviewing your response to these comments, we may have additional comments. Unless we note otherwise, our references to prior comments are to comments in our March 5, 2021 letter. Form 10-K for the Fiscal Year Ended September 27, 2020 Non-GAAP Financial Measures, page 33 1. We have reviewed your response to prior comment number 1 and note that you propose to change the label of the adjustment from non-cash tax expense to use of NOLs and tax credits. Please revise your non-GAAP measure to omit this adjustment. Based on the information provided in response to our comment, this adjustment appears to result in an individually tailored income tax measurement method. Refer to Question 100.04 of the Non-GAAP Financial Measures Compliance and Disclosure Interpretations. 2. We have reviewed your response to prior comment number 2. We note that your free cash flow conversion ratio represents free cash flow divided by adjusted income from continuing operations and, as such, is calculated using a non-GAAP measure. Please Carl D. Anderson II Meritor, Inc. March 25, 2021 Page 2 expand your disclosure to more prominently present a free cash flow conversion ratio using a denominator that is measured in accordance with GAAP. Refer to footnote 27 of SEC Final Rule Release Number 33-8176, Conditions for Use of Non-GAAP measures. You may contact Beverly Singleton at (202) 551-3328 or Andrew Blume at (202) 551- 3254 with any questions. FirstName LastNameCarl D. Anderson II Sincerely, Comapany NameMeritor, Inc. Division of Corporation Finance March 25, 2021 Page 2 Office of Manufacturing FirstName LastName