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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2022
Mar. 31, 2021
Operating Activities    
Net income (loss) attributable to Adient $ (135) $ 219
Income attributable to noncontrolling interests 45 48
Net income (loss) (90) 267
Adjustments to reconcile net income (loss) to cash provided (used) by operating activities:    
Depreciation 151 139
Amortization of intangibles 26 19
Pension and postretirement expense (benefit) 2 0
Pension and postretirement contributions, net (10) (12)
Equity in earnings of partially-owned affiliates, net of dividends received (includes purchase accounting amortization of $1 and $2, respectively) (48) (139)
Impairment/(gain) on sale of nonconsolidated partially-owned affiliates 8 (33)
Premium and transaction costs paid on repurchase of debt 34 46
Derivative loss on the 2021 Yanfeng Transaction 3 0
Deferred income taxes (8) (3)
Non-cash impairment charges 11 10
Equity-based compensation 14 26
Other 14 6
Changes in assets and liabilities:    
Receivables (332) (120)
Inventories (34) (71)
Other assets 55 (85)
Restructuring reserves (38) (95)
Accounts payable and accrued liabilities 246 135
Accrued income taxes 11 50
Cash provided (used) by operating activities 15 140
Investing Activities    
Capital expenditures (117) (126)
Sale of property, plant and equipment 12 12
Settlement of derivatives (30) 0
Advance payment for business acquisitions (6) 0
Proceeds from business divestitures 740 19
Cash provided (used) by investing activities 599 (95)
Financing Activities    
Increase (decrease) in short-term debt (8) 6
Repayment of long-term debt (744) (705)
Debt financing costs (1) (1)
Cash paid to acquire a noncontrolling interest (153) 0
Dividends paid to noncontrolling interests (99) (59)
Other (12) (3)
Cash provided (used) by financing activities (1,017) (762)
Effect of exchange rate changes on cash and cash equivalents 0 12
Increase (decrease) in cash and cash equivalents, including cash classified within current assets held for sale (403) (705)
Change in cash classified within current assets held for sale 0 (3)
Increase (decrease) in cash and cash equivalents (403) (708)
Cash and cash equivalents at beginning of period 1,521 1,692
Cash and cash equivalents at end of period $ 1,118 $ 984