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Equity and Noncontrolling Interests (Tables)
9 Months Ended
Jun. 30, 2019
Equity [Abstract]  
Schedule of Stockholders Equity
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
(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
 
3,956

 
3,955

 
3,951

 
3,942

Stock-based compensation
 
2

 
5

 
10

 
15

Other
 
1

 

 
(2
)
 
3

Additional paid-in capital, end of the period
 
3,959

 
3,960

 
3,959

 
3,960

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

 
(1,028
)
 
734

Net income (loss) attributable to Adient
 
(321
)
 
54

 
(487
)
 
(330
)
Dividends declared ($0.275 per share/quarter)
 

 
(26
)
 
(26
)
 
(77
)
Retained earnings (Accumulated deficit), end of the period
 
(1,541
)
 
327

 
(1,541
)
 
327

 
 
 
 
 
 
 
 
 
Accumulated other comprehensive income, beginning of the period
 
(479
)
 
(185
)
 
(531
)
 
(397
)
Foreign currency translation adjustments
 
(25
)
 
(235
)
 
26

 
(32
)
Realized and unrealized gains (losses) on derivatives
 
5

 
(18
)
 
6

 
(18
)
Employee retirement plans
 

 
(9
)
 

 

Accumulated other comprehensive income, end of the period
 
(499
)
 
(447
)
 
(499
)
 
(447
)
 
 
 
 
 
 
 
 
 
Shareholders' equity attributable to Adient, end of the period
 
1,919

 
3,840

 
1,919

 
3,840

 
 
 
 
 
 
 
 
 
Noncontrolling interest, beginning of the period
 
373

 
326

 
325

 
313

Net income (loss)
 
7

 
16

 
40

 
45

Foreign currency translation adjustments
 
(1
)
 
(13
)
 
4

 

Dividends attributable to noncontrolling interests
 
(17
)
 
(16
)
 
(35
)
 
(46
)
Change in noncontrolling interest share
 

 

 

 
1

Formation of consolidated joint venture
 

 

 
28

 

Noncontrolling interest, end of the period
 
362

 
313

 
362

 
313

 
 
 
 
 
 
 
 
 
Total equity
 
$
2,281

 
$
4,153

 
$
2,281

 
$
4,153


Schedule of AOCI
The following table presents changes in AOCI attributable to Adient:
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
(in millions)
 
2019
 
2018
 
2019
 
2018
Foreign currency translation adjustments
 
 
 
 
 
 
 
 
Balance at beginning of period
 
$
(472
)
 
$
(195
)
 
$
(523
)
 
$
(398
)
Aggregate adjustment for the period, net of tax
 
(25
)
 
(235
)
 
26

 
(32
)
Balance at end of period
 
(497
)
 
(430
)
 
(497
)
 
(430
)
Realized and unrealized gains (losses) on derivatives
 
 
 
 
 
 
 
 
Balance at beginning of period
 
(6
)
 
3

 
(7
)
 
3

Current period changes in fair value, net of tax
 
5

 
(20
)
 
6

 
(18
)
Reclassification to income, net of tax
 

 
2

 

 

Balance at end of period
 
(1
)
 
(15
)
 
(1
)
 
(15
)
Pension and postretirement plans
 
 
 
 
 
 
 
 
Balance at beginning of period
 
(1
)
 
7

 
(1
)
 
(2
)
Net reclassifications to AOCI
 

 
(9
)
 

 

Balance at end of period
 
(1
)
 
(2
)
 
(1
)
 
(2
)
Accumulated other comprehensive income (loss), end of period
 
$
(499
)
 
$
(447
)
 
$
(499
)
 
$
(447
)

Schedule of Changes in Redeemable Noncontrolling Interest The following table presents changes in the redeemable noncontrolling interests:
 
 
Three Months Ended
June 30,
 
Nine Months Ended
June 30,
(in millions)
 
2019
 
2018
 
2019
 
2018
Beginning balance
 
$
37

 
$
39

 
$
47

 
$
28

Net income
 
6

 
3

 
24

 
19

Foreign currency translation adjustments
 
2

 
(2
)
 
2

 

Dividends
 

 
1

 
(28
)
 
(7
)
Change in noncontrolling interest share
 

 

 

 
1

Ending balance
 
$
45

 
$
41

 
$
45

 
$
41