Debt and Financing Arrangements (Tables)

3 Months Ended

Dec. 31, 2018

Debt Disclosure [Abstract]

Schedule of Debt

Long-term debt consisted of the following:

(in millions)	December 31, 2018			September 30, 2018
Term Loan A - LIBOR plus 1.75% due in 2021	$	1,200		$	1,200
4.875% Notes due in 2026	900			900
3.50% Notes due in 2024	1,143			1,162
European Investment Bank Loan - EURIBOR plus 0.90% due in 2022	189			192
Capital lease obligations	2			2
Less: debt issuance costs	(33		)	(32		)
Gross long-term debt	3,401			3,424
Less: current portion	2			2
Net long-term debt	$	3,399		$	3,422

Schedule of Net Financing Charges

Adient's net financing charges line item in the consolidated statements of income contained the following components:

	Three Months Ended December 31,
(in millions)	2018			2017
Interest expense, net of capitalized interest costs	$	36		$	34
Banking fees and debt issuance cost amortization	3			2
Interest income	(2		)	(1		)
Net foreign exchange	(2		)	(2		)
Net financing charges	$	35		$	33