XML 71 R60.htm IDEA: XBRL DOCUMENT v3.8.0.1
Guarantor Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Millions
6 Months Ended
Mar. 31, 2018
Mar. 31, 2017
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flow (used in) provided by operating activities $ 108 $ 70
Cash flows from investing activities    
Additions to property, plant and equipment (30) (27)
Acquisitions, net of cash required (67) (48)
Proceeds from sale of operations 5 0
Other investing activities, net 1 (1)
Return of advance from subsidiary 0 0
Total cash used in investing activities (91) (76)
Cash flows from financing activities    
Net transfers to Ashland 0 (2)
Proceeds from borrowings, net of issuance costs 95 75
Repayments on borrowings (15) (83)
Repurchases of common stock (123) 0
Purchase of additional ownership in subsidiary (15)  
Cash dividends paid (30) (20)
Other financing activities (5) 0
Other intercompany activity, net 0 0
Total cash used in financing activities (93) (30)
Effect of currency exchange rate changes on cash and cash equivalents 2 (1)
Decrease in cash and cash equivalents (74) (37)
Cash and cash equivalents - beginning of period 201 172
Cash and cash equivalents - end of period 127 135
Reportable Legal Entities | Valvoline Inc. (Parent Issuer)    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flow (used in) provided by operating activities (24) 93
Cash flows from investing activities    
Additions to property, plant and equipment 0 0
Acquisitions, net of cash required 0 0
Proceeds from sale of operations 0  
Other investing activities, net 0 0
Return of advance from subsidiary 187 10
Total cash used in investing activities 187 10
Cash flows from financing activities    
Net transfers to Ashland   (2)
Proceeds from borrowings, net of issuance costs 6 0
Repayments on borrowings (14) (83)
Repurchases of common stock (123)  
Purchase of additional ownership in subsidiary 0  
Cash dividends paid (30) (20)
Other financing activities (2)  
Other intercompany activity, net 0 2
Total cash used in financing activities (163) (103)
Effect of currency exchange rate changes on cash and cash equivalents 0 0
Decrease in cash and cash equivalents 0 0
Cash and cash equivalents - beginning of period 0 0
Cash and cash equivalents - end of period 0 0
Reportable Legal Entities | Guarantor Subsidiaries    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flow (used in) provided by operating activities 199 39
Cash flows from investing activities    
Additions to property, plant and equipment (28) (27)
Acquisitions, net of cash required (67) (48)
Proceeds from sale of operations 5  
Other investing activities, net 1 (1)
Return of advance from subsidiary 0 0
Total cash used in investing activities (89) (76)
Cash flows from financing activities    
Net transfers to Ashland   0
Proceeds from borrowings, net of issuance costs 0 0
Repayments on borrowings 0 0
Repurchases of common stock 0  
Purchase of additional ownership in subsidiary 0  
Cash dividends paid 0 0
Other financing activities (1)  
Other intercompany activity, net (187) (12)
Total cash used in financing activities (188) (12)
Effect of currency exchange rate changes on cash and cash equivalents 0 0
Decrease in cash and cash equivalents (78) (49)
Cash and cash equivalents - beginning of period 99 93
Cash and cash equivalents - end of period 21 44
Reportable Legal Entities | Non-Guarantor Subsidiaries    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flow (used in) provided by operating activities (67) (62)
Cash flows from investing activities    
Additions to property, plant and equipment (2) 0
Acquisitions, net of cash required 0 0
Proceeds from sale of operations 0  
Other investing activities, net 0 0
Return of advance from subsidiary 0 0
Total cash used in investing activities (2) 0
Cash flows from financing activities    
Net transfers to Ashland   0
Proceeds from borrowings, net of issuance costs 89 75
Repayments on borrowings (1) 0
Repurchases of common stock 0  
Purchase of additional ownership in subsidiary (15)  
Cash dividends paid 0 0
Other financing activities (2)  
Other intercompany activity, net 0 0
Total cash used in financing activities 71 75
Effect of currency exchange rate changes on cash and cash equivalents 2 (1)
Decrease in cash and cash equivalents 4 12
Cash and cash equivalents - beginning of period 102 79
Cash and cash equivalents - end of period 106 91
Eliminations    
Condensed Cash Flow Statements, Captions [Line Items]    
Cash flow (used in) provided by operating activities 0 0
Cash flows from investing activities    
Additions to property, plant and equipment 0 0
Acquisitions, net of cash required 0 0
Proceeds from sale of operations 0  
Other investing activities, net 0 0
Return of advance from subsidiary (187) (10)
Total cash used in investing activities (187) (10)
Cash flows from financing activities    
Net transfers to Ashland   0
Proceeds from borrowings, net of issuance costs 0 0
Repayments on borrowings 0 0
Repurchases of common stock 0  
Purchase of additional ownership in subsidiary 0  
Cash dividends paid 0 0
Other financing activities 0  
Other intercompany activity, net 187 10
Total cash used in financing activities 187 10
Effect of currency exchange rate changes on cash and cash equivalents 0 0
Decrease in cash and cash equivalents 0 0
Cash and cash equivalents - beginning of period 0 0
Cash and cash equivalents - end of period $ 0 $ 0