Goodwill and Other Intangible Assets

9 Months Ended

Jun. 30, 2024

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Other Intangible Assets

5. Goodwill and Other Intangible Assets

The changes in the carrying amount of goodwill are as follows:

(in millions)	Americas		EMEA		Asia		Total
Balance at September 30, 2023	$	609	$	317	$	1,168	$	2,094
Business divestiture (1)	—		—		(5)		(5)
Currency translation and other	(3)		8		(9)		(4)
Balance at June 30, 2024	$	606	$	325	$	1,154	$	2,085

(1) Refer to Note 3, "Acquisitions and Divestitures," for information on the sale of 51% of Adient's interest in LFADNT.

Refer to Note 15, "Segment Information," of the notes to consolidated financial statements for more information on Adient's reportable segments.

Adient's intangible assets, primarily from business acquisitions valued based on independent appraisals, consisted of:

	June 30, 2024						September 30, 2023
(in millions)	Gross Carrying Amount		Accumulated Amortization		Net		Gross Carrying Amount		Accumulated Amortization		Net
Intangible assets
Patented technology	$	79	$	(37)	$	42	$	79	$	(32)	$	47
Customer relationships	545		(230)		315		550		(201)		349
Trademarks	—		—		—		17		(17)		—
Miscellaneous	24		(12)		12		24		(12)		12
Total intangible assets	$	648	$	(279)	$	369	$	670	$	(262)	$	408

Amortization of intangible assets for the nine months ended June 30, 2024 and 2023 was $35 million and $38 million, respectively.