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Segment Information (Tables)
 12 Months Ended
Sep. 30, 2024
Segment Reporting [Abstract]  
Schedule of Financial Information for Reportable Segments
The following table summarizes net sales and adjusted EBITDA by reportable segment for fiscal 2024, 2023 and 2022:

(in millions)AmericasEMEAAsiaCorporate/EliminationsConsolidated
Fiscal 2024
Net sales$6,763 $5,029 $2,989 $(93)$14,688 
Adjusted EBITDA$375 $155 $439 $(89)$880 
Fiscal 2023
Net sales$7,220 $5,195 $3,085 $(105)$15,395 
Adjusted EBITDA$336 $232 $464 $(94)$938 
Fiscal 2022
Net sales$6,557 $4,764 $2,926 $(126)$14,121 
Adjusted EBITDA$242 $138 $383 $(88)$675 
The following is a reconciliation of Adient's reportable segments' adjusted EBITDA to income before income taxes:

Year Ended
September 30,
(in millions)202420232022
Adjusted EBITDA
Americas$375 $336 $242 
EMEA155 232 138 
Asia439 464 383 
Subtotal969 1,032 763 
Corporate-related costs (1)
(89)(94)(88)
Restructuring and impairment costs (2)
(168)(40)(25)
Purchase accounting amortization (3)
(48)(52)(54)
Restructuring related activities (4)
— 2 (6)
Loss on disposal transactions (5)
(7)(6)— 
Depreciation
(285)(290)(298)
Equity based compensation
(31)(34)(29)
Other items (6)
2 5 (4)
Earnings before interest and income taxes343 523 259 
Net financing charges(189)(195)(215)
Other pension income (expense)(21)(33)10 
Income before income taxes$133 $295 $54 

Notes:
(1) Corporate-related costs not allocated to the segments include executive office, communications, corporate development, legal and corporate finance.

(2) Reflects restructuring charges for costs that are probable and reasonably estimable and one-time asset impairments. During fiscal 2024, an impairment charge of $9 million related to Adient’s investment in Adient Aerospace was recorded. During fiscal 2022, an impairment charge of $4 million related to the withdrawal from and sale of its operations in Russia, and a held-for-sale impairment charge of $6 million were recorded in EMEA. Refer to Note 15, “Restructuring and Impairment Costs,” of the notes to the consolidated financial statements for more information.
(3) Reflects amortization of intangible assets including those related to partially owned affiliates recorded within equity income.

(4) Reflects restructuring-related charges for costs that are recorded as incurred or as earned and other non-recurring impacts that are directly attributable to restructuring activities. Fiscal 2024 and 2023 also each include a non-recurring $10 million gain on the sale of two restructured facilities in Americas.

(5) Fiscal 2024 reflects an $8 million loss on sale of 51% of Adient's interest in LFADNT (as described in Note 3, "Acquisitions and Divestitures," of the notes to consolidated financial statements), partially offset by a $1 million gain on sale of a nonconsolidated partially-owned affiliate. Fiscal 2023 reflects $3 million and $3 million of non-cash impairment related to certain of Adient's investments in nonconsolidated partially-owned affiliates in Asia and EMEA, respectively,
(6) Fiscal 2024 reflects a $3 million non-recurring gain on a contract related settlement and $1 million of indirect tax recoveries in Brazil, partially offset by $1 million of transaction costs and a $1 million one-time divestiture related impact at an affiliate. Fiscal 2023 reflects $4 million of one-time divestiture gain at an affiliate and $4 million of a gain associated with the retrospective recovery of indirect tax credits in Brazil, partially offset by $3 million of transaction costs. Fiscal 2022 includes $3 million and $7 million of non-cash impairments of certain of Adient's investments in nonconsolidated partially-owned affiliates in Asia and EMEA, respectively, $8 million of transaction costs, a $14 million charge related to a non-recurring contract related settlement, $1 million of accounts receivable allowances resulting from the withdrawal from and sale of operations in Russia, and $2 million of loss on finalization of asset sale in Turkey, partially offset by a gain of $32 million associated with the retrospective recovery of indirect tax credits in Brazil.
Schedule of Reconciliation of Other Significant Reconciling Items from Segments to Consolidated
Additional Segment Information

Year Ended September 30, 2024
Reportable Segments
Reconciling Items(1)
Consolidated
(in millions)AmericasEMEAAsia
Net Sales$6,763 $5,029 $2,989 $(93)$14,688 
Equity Income3 15 73 (1)90 
Total Assets2,863 2,349 3,185 954 9,351 
Depreciation127 112 46 — 285 
Amortization12 2 33 — 47 
Capital Expenditures100 107 59 — 266 

(1) Reconciling items include the elimination of intercompany transactions, corporate-related assets and other amounts to reconcile to consolidated totals. Specific reconciling items for equity income represents $1 million of purchase accounting amortization. Corporate-related assets primarily include cash and assets held for sale.

Year Ended September 30, 2023
Reportable Segments
Reconciling Items(1)
Consolidated
(in millions)AmericasEMEAAsia
Net Sales$7,220 $5,195 $3,085 $(105)$15,395 
Equity Income3 16 71 (6)84 
Total Assets3,122 2,252 2,930 1,120 9,424 
Depreciation133 107 50 — 290 
Amortization12 3 35 — 50 
Capital Expenditures114 81 57 — 252 

(1) Reconciling items include the elimination of intercompany transactions, corporate-related assets and other amounts to reconcile to consolidated totals. Specific reconciling items for equity income represents $6 million of non-cash impairments of Adient's investments in partially-owned affiliates, $2 million of restructuring related charges, and $2 million of purchase accounting amortization, partially offset by a $4 million gain on sale of certain assets at affiliates in China. Corporate-related assets primarily include cash and assets held for sale.
Year Ended September 30, 2022
Reportable Segments
Reconciling Items(1)
Consolidated
(in millions)AmericasEMEAAsia
Net Sales$6,557 4,764 $2,926 (126)$14,121 
Equity Income— 12 76 (13)75 
Total Assets3,073 2,166 2,959 960 9,158 
Depreciation130 116 52 — 298 
Amortization12 4 36 — 52 
Capital Expenditures104 73 50 — 227 
(1) Reconciling items include the elimination of intercompany transactions, corporate-related assets and other amounts to reconcile to consolidated totals. Specific reconciling items for equity income represents $10 million of non-cash impairments of Adient's investments in partially-owned affiliates, $1 million of restructuring related charges, $2 million of purchase accounting amortization, $7 million of a non-recurring customer termination charge at an affiliate in Asia, partially offset by a $7 million non-recurring gain on sale of land use rights at an affiliate in China. Corporate-related assets primarily include cash and deferred income tax assets.
Schedule of Operations by Geographical Areas
Financial information relating to Adient's operations by geographic area is as follows:

Net Sales
 Year Ended September 30,
(in millions)202420232022
Americas
United States$5,893 $6,530 $5,876 
Mexico2,634 2,661 2,427 
Other Americas314 338 377 
Regional Elimination(2,078)(2,309)(2,123)
6,763 7,220 6,557 
EMEA
Germany942 1,046 862 
Poland939 963 770 
Czech Republic756 900 962 
Other EMEA3,736 3,714 3,462 
Regional Elimination(1,344)(1,428)(1,292)
5,029 5,195 4,764 
Asia
China1,420 1,385 1,374 
Thailand496 564 508 
Korea488 534 534 
Japan344 373 264 
Other Asia294 284 270 
Regional Elimination(53)(55)(24)
2,989 3,085 2,926 
Inter-segment elimination(93)(105)(126)
Total$14,688 $15,395 $14,121 
Long-Lived Assets (consisting of net property, plant and equipment)
 Year Ended September 30,
(in millions)20242023
Americas
United States$420 $446 
Mexico151 152 
Other Americas17 18 
588 616 
EMEA
Germany127 127 
Poland155 131 
Czech Republic35 30 
Other EMEA233 228 
550 516 
Asia
China115 113 
Thailand52 45 
Korea23 22 
Japan62 51 
Other Asia20 19 
272250
Total$1,410 $1,382