Equity and Noncontrolling Interests (Tables)

9 Months Ended

Jun. 30, 2022

Equity [Abstract]

Schedule of Stockholders Equity

For the nine months ended June 30, 2022:

(in millions)	Ordinary Shares		Additional Paid-in Capital		Retained Earnings (Accumulated Deficit)		Accumulated Other Comprehensive Income (Loss)		Shareholders' Equity Attributable  to Adient		Shareholders' Equity Attributable to Noncontrolling Interests		Total Equity
Balance at September 30, 2021	$	—	$	3,991	$	(988)	$	(627)	$	2,376	$	342	$	2,718
Net income (loss)	—		—		(165)		—		(165)		29		(136)
Foreign currency translation adjustments	—		—		—		(110)		(110)		(10)		(120)
Realized and unrealized gains (losses) on derivatives	—		—		—		(5)		(5)		—		(5)
Dividends attributable to noncontrolling interests	—		—		—		—		—		(19)		(19)
Purchase of subsidiary shares from noncontrolling interest	—		12		—		—		12		(12)		—
Share based compensation and other	—		15		—		—		15		—		15
Balance at June 30, 2022	$	—	$	4,018	$	(1,153)	$	(742)	$	2,123	$	330	$	2,453

For the three months ended June 30, 2022:

(in millions)	Ordinary Shares		Additional Paid-in Capital		Retained Earnings (Accumulated Deficit)		Accumulated Other Comprehensive Income (Loss)		Shareholders' Equity Attributable  to Adient		Shareholders' Equity Attributable to Noncontrolling Interests		Total Equity
Balance at March 31, 2022	$	—	$	4,008	$	(1,123)	$	(600)	$	2,285	$	340	$	2,625
Net income (loss)	—		—		(30)		—		(30)		6		(24)
Foreign currency translation adjustments	—		—		—		(135)		(135)		(13)		(148)
Realized and unrealized gains (losses) on derivatives	—		—		—		(7)		(7)		—		(7)
Dividends attributable to noncontrolling interests	—		—		—		—		—		(3)		(3)
Share based compensation and other	—		10		—		—		10		—		10
Balance at June 30, 2022	$	—	$	4,018	$	(1,153)	$	(742)	$	2,123	$	330	$	2,453

For the nine months ended June 30, 2021:

(in millions)	Ordinary Shares		Additional Paid-in Capital		Retained Earnings (Accumulated Deficit)		Accumulated Other Comprehensive Income (Loss)		Shareholders' Equity Attributable  to Adient		Shareholders' Equity Attributable to Noncontrolling Interests		Total Equity
Balance at September 30, 2020	$	—	$	3,974	$	(2,096)	$	(665)	$	1,213	$	322	$	1,535
Net income (loss)	—		—		148		—		148		51		199
Foreign currency translation adjustments	—		—		—		53		53		9		62
Realized and unrealized gains (losses) on derivatives	—		—		—		34		34		—		34
Dividends attributable to noncontrolling interests	—		—		—		—		—		(40)		(40)
Change in noncontrolling interest share	—		—		—		—		—		(3)		(3)
Share based compensation and other	—		19		—		—		19		1		20
Balance at June 30, 2021	$	—	$	3,993	$	(1,948)	$	(578)	$	1,467	$	340	$	1,807

For the three months ended June 30, 2021:

(in millions)	Ordinary Shares		Additional Paid-in Capital		Retained Earnings (Accumulated Deficit)		Accumulated Other Comprehensive Income (Loss)		Shareholders' Equity Attributable  to Adient		Shareholders' Equity Attributable to Noncontrolling Interests		Total Equity
Balance at March 31, 2021	$	—	$	3,985	$	(1,877)	$	(619)	$	1,489	$	353	$	1,842
Net income (loss)	—		—		(71)		—		(71)		16		(55)
Foreign currency translation adjustments	—		—		—		24		24		3		27
Realized and unrealized gains (losses) on derivatives	—		—		—		17		17		—		17
Dividends attributable to noncontrolling interests	—		—		—		—		—		(29)		(29)
Change in noncontrolling interest share	—		—		—		—		—		(3)		(3)
Share based compensation and other	—		8		—		—		8		—		8
Balance at June 30, 2021	$	—	$	3,993	$	(1,948)	$	(578)	$	1,467	$	340	$	1,807

Schedule of AOCI

The following table presents changes in AOCI attributable to Adient:

	Three Months Ended June 30,				Nine Months Ended June 30,
(in millions)	2022		2021		2022		2021
Foreign currency translation adjustments
Balance at beginning of period	$	(592)	$	(605)	$	(617)	$	(634)
Aggregate adjustment for the period, net of tax	(135)		24		(110)		53
Balance at end of period	$	(727)	$	(581)	$	(727)	$	(581)
Realized and unrealized gains (losses) on derivatives
Balance at beginning of period	$	(6)	$	(11)	$	(8)	$	(28)
Current period changes in fair value, net of tax	(5)		18		—		33
Reclassification to income, net of tax	(2)		(1)		(5)		1
Balance at end of period	$	(13)	$	6	$	(13)	$	6
Pension and postretirement plans
Balance at beginning of period	$	(2)	$	(3)	$	(2)	$	(3)
Balance at end of period	$	(2)	$	(3)	$	(2)	$	(3)
Accumulated other comprehensive income (loss), end of period	$	(742)	$	(578)	$	(742)	$	(578)

Schedule of Changes in Redeemable Noncontrolling Interest

The following table presents changes in the redeemable noncontrolling interests:

	Three Months Ended June 30,				Nine Months Ended June 30,
(in millions)	2022		2021		2022		2021
Beginning balance	$	48	$	44	$	240	$	43
Net income	4		6		26		19
Dividends	—		—		(33)		(14)
Change in redeemable noncontrolling interest	—		—		(186)		—
Foreign currency translation adjustments	(7)		(2)		(2)		—
Ending balance	$	45	$	48	$	45	$	48