Nonconsolidated Partially-Owned Affiliates

3 Months Ended

Dec. 31, 2021

Equity Method Investments and Joint Ventures [Abstract]

Nonconsolidated Partially-Owned Affiliates

16. Nonconsolidated Partially-Owned Affiliates

Investments in the net assets of nonconsolidated partially-owned affiliates are reported in the "Investments in partially-owned affiliates" line in the consolidated statements of financial position as of December 31, 2021 and September 30, 2021. Equity in the net income of nonconsolidated partially-owned affiliates are reported in the "Equity income (loss)" line in the consolidated statements of income (loss) for the three months ended December 31, 2021 and 2020, respectively.

Adient maintains total investments in partially-owned affiliates of $367 million and $335 million at December 31, 2021 and September 30, 2021, respectively. Operating information for nonconsolidated partially-owned affiliates is as follows:

	Three Months Ended December 31,
(in millions)	2021		2020
Income statement data:
Net sales	$	1,208	$	2,625
Gross profit	$	127	$	319
Net income	$	67	$	211
Net income attributable to the entity	$	67	$	210

Refer to Note 3, "Acquisitions and Divestitures," of the notes to consolidated financial statements for the divestiture transactions involving Adient's investments in nonconsolidated partially-owned affiliates during fiscal 2021.