Related Party Transactions

6 Months Ended

Mar. 31, 2024

Related Party Transactions [Abstract]

Related Party Transactions

18. Related Party Transactions

In the ordinary course of business, Adient enters into transactions with related parties, such as equity affiliates. Such transactions consist of the sale or purchase of goods and other arrangements.

The following table sets forth the net sales to and purchases from related parties included in the consolidated statements of income:

		Three Months Ended March 31,				Six Months Ended March 31,
(in millions)		2024		2023		2024		2023
Net sales to related parties	Net sales	$	65	$	71	$	131	$	129
Purchases from related parties	Cost of sales	110		102		213		216

The following table sets forth the amount of accounts receivable due from and payable to related parties in the consolidated statements of financial position:

(in millions)		March 31, 2024		September 30, 2023
Accounts receivable due from related parties	Accounts receivable	$	36	$	26
Accounts payable due to related parties	Accounts payable	67		67

Average receivable and payable balances with related parties remained consistent with the period end balances shown above.