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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Operating Activities    
Net income (loss) attributable to Adient $ (61) $ 70
Income attributable to noncontrolling interests 62 68
Net income 1 138
Adjustments to reconcile net income to cash provided (used) by operating activities:    
Depreciation 213 214
Amortization of intangibles 35 38
Pension and postretirement expense 9 16
Pension and postretirement contributions, net (21) (11)
Equity in earnings of partially-owned affiliates, net of dividends received (19) (28)
Impairment of interests in nonconsolidated partially owned affiliates 0 7
Premium paid on repurchase of debt 0 7
Deferred income taxes 7 (2)
Equity-based compensation 28 25
Other 4 3
Changes in assets and liabilities, excluding impact of acquisitions/divestitures:    
Receivables 27 (170)
Inventories 69 120
Other assets (59) (84)
Accounts payable and accrued liabilities 0 88
Accrued income taxes (14) 12
Cash provided by operating activities 280 373
Investing Activities    
Capital expenditures (194) (177)
Sale of property, plant and equipment 14 16
Acquisition of businesses, net of cash acquired 0 (6)
Business divestitures (3) 5
Other 0 (2)
Cash used by investing activities (183) (164)
Financing Activities    
Increase (decrease) in short-term debt 1 (2)
Increase in long-term debt 0 1,002
Repayment of long-term debt (3) (1,104)
Debt financing costs (5) (23)
Share repurchases (225) (65)
Dividends paid to and other transactions with noncontrolling interests (69) (57)
Share based compensation and other (12) (12)
Cash used by financing activities (313) (261)
Effect of exchange rate changes on cash and cash equivalents (4) 13
Decrease in cash and cash equivalents (220) (39)
Cash and cash equivalents at beginning of period 1,110 947
Cash and cash equivalents at end of period $ 890 $ 908