Related Party Transactions

3 Months Ended

Dec. 31, 2021

18. 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.

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


		Three Months Ended December 31,
(in millions)		2021		2020
Net sales to related parties	Net sales	$	56	$	70
Purchases from related parties	Cost of sales	96		146

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)		December 31, 2021		September 30, 2021
Accounts receivable due from related parties	Accounts receivable	$	29	$	30
Accounts payable due to related parties	Accounts payable	32		41

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