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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2022
Sep. 30, 2021
Sep. 30, 2020
Operating Activities      
Net income (loss) attributable to Adient $ (120) $ 1,108 $ (547)
Income attributable to noncontrolling interests 80 82 61
Net income (loss) (40) 1,190 (486)
Adjustments to reconcile net income (loss) to cash provided (used) by operating activities:      
Depreciation 298 285 295
Amortization of intangibles 52 45 37
Pension and postretirement benefit expense (benefit) (2) (16) 23
Pension and postretirement contributions, net (16) (23) (19)
Equity in earnings of partially-owned affiliates, net of dividends received (includes purchase accounting amortization of $2, $5 and $3, respectively) 4 44 24
(Gain) on sale of / impairment of nonconsolidated partially owned affiliates 10 (1,214) 231
Premium paid on repurchase of debt 38 50 0
Retrospective recoveries of Brazil indirect tax credits (29) (38) 0
Derivative loss on the 2021 Yanfeng Transaction 3 30 0
Deferred income taxes 5 40 (33)
Non-cash restructuring and impairment charges 14 11 53
Loss (gain) on divestitures - net 0 26 13
Equity-based compensation 29 36 15
Other 17 21 24
Changes in assets and liabilities:      
Receivables (576) 483 190
Inventories (62) (263) 78
Other assets 32 82 140
Restructuring reserves (57) (136) (80)
Accounts payable and accrued liabilities 542 (388) (251)
Accrued income taxes 12 (5) (8)
Cash provided (used) by operating activities 274 260 246
Investing Activities      
Capital expenditures (227) (260) (326)
Sale of property, plant and equipment 20 30 15
Settlement of derivative contracts (30) (12) 10
Acquisition of businesses, net of cash acquired (19) (211) 0
Business divestitures 740 785 499
Changes in long-term investments 0 0 (37)
Loans to affiliates 0 15 0
Other 0 0 5
Cash provided (used) by investing activities 484 347 166
Financing Activities      
Increase (decrease) in short-term debt (14) (5) (16)
Increase (decrease) in long-term debt 0 214 600
Repayment of long-term debt (987) (895) (108)
Debt financing costs (1) (8) (10)
Cash paid to acquire a noncontrolling interest (153) 0 0
Dividends paid to noncontrolling interests (106) (69) (71)
Other (12) (7) (2)
Cash provided (used) by financing activities (1,273) (770) 393
Effect of exchange rate changes on cash and cash equivalents (59) 8 (34)
Increase (decrease) in cash and cash equivalents, including cash classified within current assets held for sale (574) (155) 771
Less: cash classified within current assets held for sale 0 (16) (3)
Increase (decrease) in cash and cash equivalents (574) (171) 768
Cash and cash equivalents at beginning of period 1,521 1,692 924
Cash and cash equivalents at end of period $ 947 $ 1,521 $ 1,692