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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2019
Operating Activities      
Net income (loss) attributable to Adient $ 1,108 $ (547) $ (491)
Income attributable to noncontrolling interests 82 61 83
Net income (loss) 1,190 (486) (408)
Adjustments to reconcile net income (loss) to cash provided (used) by operating activities:      
Depreciation 285 295 278
Amortization of intangibles 45 37 40
Pension and postretirement benefit expense (benefit) (16) 23 53
Pension and postretirement contributions, net (23) (19) (19)
Equity in earnings of partially-owned affiliates, net of dividends received (includes purchase accounting amortization of $5, $3 and $4, respectively) 44 24 (55)
(Gain) on sale of / impairment of nonconsolidated partially owned affiliates (1,214) 231 0
Premium and transaction costs paid on repurchase of debt 50 0 0
Retrospective recoveries of Brazil indirect tax credits (38) 0 0
Derivative loss on the 2021 Yanfeng Transaction 30 0 0
Deferred income taxes 40 (33) 288
Non-cash restructuring and impairment charges 11 53 78
Loss on business divestitures - net 26 13 0
Equity-based compensation 36 15 20
Other 21 24 23
Changes in assets and liabilities:      
Receivables 483 190 131
Inventories (263) 78 8
Other assets 82 140 150
Restructuring reserves (136) (80) (108)
Accounts payable and accrued liabilities (388) (251) (191)
Accrued income taxes (5) (8) 20
Cash provided (used) by operating activities 260 246 308
Investing Activities      
Capital expenditures (260) (326) (468)
Sale of property, plant and equipment 30 15 68
Settlement of derivative contracts (12) 10 10
Acquisition of businesses, net of cash acquired (211) 0 0
Business divestitures 785 499 0
Changes in long-term investments 0 (37) 3
Loans to affiliates 15 0 0
Other 0 5 4
Cash provided (used) by investing activities 347 166 (383)
Financing Activities      
Increase (decrease) in short-term debt (5) (16) 17
Increase (decrease) in long-term debt 214 600 1,600
Repayment of long-term debt (895) (108) (1,204)
Debt financing costs (8) (10) (47)
Cash dividends 0 0 (26)
Dividends paid to noncontrolling interests (69) (71) (62)
Formation of consolidated joint venture 0 0 28
Other (7) (2) (3)
Cash provided (used) by financing activities (770) 393 303
Effect of exchange rate changes on cash and cash equivalents 8 (34) 9
Increase (decrease) in cash and cash equivalents, including cash classified within current assets held for sale (155) 771 237
Less: cash classified within current assets held for sale (16) (3) 0
Increase (decrease) in cash and cash equivalents (171) 768 237
Cash and cash equivalents at beginning of period 1,692 924 687
Cash and cash equivalents at end of period $ 1,521 $ 1,692 $ 924