Related Party Transactions

6 Months Ended

Mar. 31, 2019



17. Related Party Transactions

In the ordinary course of business, Adient enters into transactions with related parties, such as equity affiliates. Such transactions consist of the sale or purchase of goods and other arrangements. Subsequent to the separation, transactions with the former Parent and its businesses represent third-party transactions.

The following table sets forth the net sales to and purchases from related parties included in the consolidated statements of income:



		Three Months Ended March 31,				Six Months Ended March 31,
(in millions)		2019		2018		2019		2018
Net sales to related parties	Net sales	$	88	$	110	$	180	$	209
Purchases from related parties	Cost of sales	177		173		350		310

The following table sets forth the amount of accounts receivable due from and payable to related parties in the consolidated statements of financial position:



(in millions)		March 31, 2019		September 30, 2018
Accounts receivable due from related parties	Accounts receivable	$	83	$	91
Accounts payable due to related parties	Accounts payable	111		102

Average receivable and payable balances with related parties remained consistent with the period end balances shown above.