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Equity and Noncontrolling Interests (Tables)
6 Months Ended
Mar. 31, 2019
Equity [Abstract]  
Schedule of Stockholders Equity
 
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
(in millions)
 
2019
 
2018
 
2019
 
2018
Ordinary shares, beginning of the period
 
$

 
$

 
$

 
$

Ordinary shares, end of the period
 

 

 

 

 
 
 
 
 
 
 
 
 
Additional paid-in capital, beginning of the period
 
3,954

 
3,952

 
3,951

 
3,942

Share-based compensation
 
2

 
4

 
8

 
10

Other
 

 
(1
)
 
(3
)
 
3

Additional paid-in capital, end of the period
 
3,956

 
3,955

 
3,956

 
3,955

 
 
 
 
 
 
 
 
 
Retained earnings (Accumulated deficit), beginning of the period
 
(1,070
)
 
492

 
(1,028
)
 
734

Net income (loss) attributable to Adient
 
$
(149
)
 
$
(168
)
 
$
(166
)
 
$
(384
)
Dividends declared ($0.275 per share/quarter)
 

 
(25
)
 
(26
)
 
(51
)
Share-based compensation
 
(1
)
 

 

 

Retained earnings (Accumulated deficit), end of the period
 
(1,220
)
 
299

 
(1,220
)
 
299

 
 
 
 
 
 
 
 
 
Accumulated other comprehensive income, beginning of the period
 
(518
)
 
(336
)
 
(531
)
 
(397
)
Foreign currency translation adjustments
 
35

 
132

 
51

 
203

Realized and unrealized gains (losses) on derivatives
 
4

 
10

 
1

 

Employee retirement plans
 

 
9

 

 
9

Accumulated other comprehensive income, end of the period
 
(479
)
 
(185
)
 
(479
)
 
(185
)
 
 
 
 
 
 
 
 
 
Shareholders' equity attributable to Adient
 
2,257

 
4,069

 
2,257

 
4,069

 
 
 
 
 
 
 
 
 
Noncontrolling interest, beginning of the period
 
358

 
321

 
325

 
313

Net income (loss)
 
14

 
16

 
33

 
29

Foreign currency translation adjustments
 
4

 
9

 
5

 
13

Dividends attributable to noncontrolling interests
 
(3
)
 
(21
)
 
(18
)
 
(30
)
Change in noncontrolling interest share
 

 
1

 

 
1

Formation of consolidated joint venture
 

 

 
28

 

Noncontrolling interest, end of the period
 
373

 
326

 
373

 
326

 
 
 
 
 
 
 
 
 
Total equity
 
$
2,630

 
$
4,395

 
$
2,630

 
$
4,395


Schedule of AOCI
The following table presents changes in AOCI attributable to Adient:
 
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
(in millions)
 
2019
 
2018
 
2019
 
2018
Foreign currency translation adjustments
 
 
 
 
 
 
 
 
Balance at beginning of period
 
$
(507
)
 
$
(327
)
 
$
(523
)
 
$
(398
)
Aggregate adjustment for the period, net of tax
 
35

 
132

 
51

 
203

Balance at end of period
 
(472
)
 
(195
)
 
(472
)
 
(195
)
Realized and unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
Balance at beginning of period
 
(10
)
 
(7
)
 
(7
)
 
3

Current period changes in fair value, net of tax
 
4

 
11

 
1

 
1

Reclassification to income, net of tax
 

 
(1
)
 

 
(1
)
Balance at end of period
 
(6
)
 
3

 
(6
)
 
3

Pension and postretirement plans
 
 
 
 
 
 
 
 
Balance at beginning of period
 
(1
)
 
(2
)
 
(1
)
 
(2
)
Net reclassifications to AOCI
 

 
9

 

 
9

Balance at end of period
 
(1
)
 
7

 
(1
)
 
7

Accumulated other comprehensive income (loss), end of period
 
$
(479
)
 
$
(185
)
 
$
(479
)
 
$
(185
)

Schedule of Changes in Redeemable Noncontrolling Interest
The following table presents changes in the redeemable noncontrolling interests:
 
 
Three Months Ended
March 31,
 
Six Months Ended
March 31,
(in millions)
 
2019
 
2018
 
2019
 
2018
Beginning balance
 
$
27

 
$
29

 
$
47

 
$
28

Net income
 
9

 
9

 
18

 
16

Foreign currency translation adjustments
 
1

 
1

 

 
2

Dividends
 

 

 
(28
)
 
(8
)
Change in noncontrolling interest share
 

 

 

 
1

Ending balance
 
$
37

 
$
39

 
$
37

 
$
39