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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
3 Months Ended
Dec. 31, 2023
Dec. 31, 2022
Operating Activities    
Net income attributable to Adient $ 20 $ 12
Income attributable to noncontrolling interests 25 21
Net income 45 33
Adjustments to reconcile net income to cash provided (used) by operating activities:    
Depreciation 72 69
Amortization of intangibles 11 12
Pension and postretirement expense (benefit) 3 9
Pension and postretirement contributions, net (10) (3)
Equity in earnings of partially-owned affiliates, net of dividends received (6) (16)
Deferred income taxes (6) (1)
Equity-based compensation 13 8
Other 0 (3)
Changes in assets and liabilities, excluding impact of acquisitions/divestitures:    
Receivables 234 167
Inventories 29 22
Other assets (81) (47)
Restructuring reserves (9) (27)
Accounts payable and accrued liabilities (256) (191)
Accrued income taxes 2 12
Cash provided (used) by operating activities 41 44
Investing Activities    
Capital expenditures (55) (61)
Sale of property, plant and equipment 14 15
Acquisition of businesses, net of cash acquired 0 (6)
Proceeds from business divestitures (3) 3
Other 0 (1)
Cash provided (used) by investing activities (44) (50)
Financing Activities    
Increase (decrease) in short-term debt 5 0
Increase (decrease) in long-term debt 0 2
Repayment of long-term debt 0 (2)
Debt financing costs 0 (7)
Share repurchases (100) 0
Dividends paid to noncontrolling interests (48) (50)
Share based compensation and other (12) (12)
Cash provided (used) by financing activities (155) (69)
Effect of exchange rate changes on cash and cash equivalents 38 29
Increase (decrease) in cash and cash equivalents (120) (46)
Cash and cash equivalents at beginning of period 1,110 947
Cash and cash equivalents at end of period $ 990 $ 901