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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2021
Dec. 31, 2020
Operating Activities    
Net income (loss) attributable to Adient $ (54) $ 150
Income attributable to noncontrolling interests 24 23
Net income (loss) (30) 173
Adjustments to reconcile net income (loss) to cash provided (used) by operating activities:    
Depreciation 75 70
Amortization of intangibles 13 10
Pension and postretirement expense (benefit) 1 0
Pension and postretirement contributions, net (5) (9)
Equity in earnings of partially-owned affiliates, net of dividends received (includes purchase accounting amortization of $1 and $1, respectively) (32) (96)
Derivative loss on the 2021 Yanfeng Transaction 3 0
Deferred income taxes (3) (2)
Non-cash impairment charges 7 6
Equity-based compensation 10 13
Other 2 (3)
Changes in assets and liabilities:    
Receivables (175) 246
Inventories 26 (6)
Other assets 0 (78)
Restructuring reserves (24) (53)
Accounts payable and accrued liabilities 104 (84)
Accrued income taxes 14 44
Cash provided (used) by operating activities (14) 231
Investing Activities    
Capital expenditures (60) (71)
Sale of property, plant and equipment 11 10
Settlement of derivatives (30) 0
Proceeds from business divestitures 731 0
Cash provided (used) by investing activities 652 (61)
Financing Activities    
Increase (decrease) in short-term debt (6) 3
Repayment of long-term debt (2) (18)
Dividends paid to noncontrolling interests (59) (52)
Other (12) (1)
Cash provided (used) by financing activities (79) (68)
Effect of exchange rate changes on cash and cash equivalents 0 25
Increase (decrease) in cash and cash equivalents, including cash classified within current assets held for sale 559 127
Change in cash classified within current assets held for sale 0 1
Increase (decrease) in cash and cash equivalents 559 128
Cash and cash equivalents at beginning of period 1,521 1,692
Cash and cash equivalents at end of period $ 2,080 $ 1,820