CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Jun. 30, 2020	Sep. 30, 2019
CURRENT ASSETS:
Cash and cash equivalents	$ 280	$ 108
Receivables, trade and other, net	390	551
Inventories	495	526
Other current assets	35	31
TOTAL CURRENT ASSETS	1,200	1,216
NET PROPERTY	498	515
GOODWILL	503	478
OTHER ASSETS	671	606
TOTAL ASSETS	2,872	2,815
CURRENT LIABILITIES:
Short-term debt	34	41
Accounts and notes payable	322	610
Other current liabilities	284	285
TOTAL CURRENT LIABILITIES	640	936
LONG-TERM DEBT	1,193	902
RETIREMENT BENEFITS	308	336
OTHER LIABILITIES	328	226
TOTAL LIABILITIES	2,469	2,400
COMMITMENTS AND CONTINGENCIES (See Note 20)
EQUITY:
Common stock (June 30, 2020 and September 30, 2019, 103.7 and 104.1 shares issued and 72.3 and 81.4 shares outstanding, respectively)	105	104
Additional paid-in capital	805	803
Retained earnings	735	491
Treasury stock, at cost (June 30, 2020 and September 30, 2019, 31.4 and 22.7 shares, respectively)	(573)	(332)
Accumulated other comprehensive loss	(701)	(681)
Total equity attributable to Meritor, Inc.	371	385
Noncontrolling interests	32	30
TOTAL EQUITY	403	415
TOTAL LIABILITIES AND EQUITY	$ 2,872	$ 2,815