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Note 18. NonConsolidated Partially-Owned Affiliates | 12 Months Ended
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Sep. 30, 2017
Equity Method Investments and Joint Ventures [Abstract] |
Equity Method Investments and Joint Ventures Disclosure [Text Block] |
18. Nonconsolidated Partially-Owned Affiliates
Investments in the net assets of nonconsolidated partially-owned affiliates are stated in the "Investments in partially-owned affiliates" line in the consolidated statements of financial position as of September 30, 2017 and 2016. Equity in the net income of nonconsolidated partially-owned affiliates is stated in the "Equity income" line in the consolidated statements of income for the years ended September 30, 2017, 2016 and 2015. Adient maintains total investments in partially-owned affiliates of $1.8 billion and $1.7 billion at September 30, 2017 and 2016, respectively. Financial information for significant nonconsolidated partially-owned affiliates is as follows:
|  | % ownership
Name of partially-owned affiliate |  | 2017 |  | 2016
Seating |  |  |  |
Changchun FAWAY Adient Automotive Systems Co. Ltd. (1) |  | 49.0% |  | 50.0%
Adient Yanfeng Seating Mechanism Co., Ltd. (2) |  | 50.0% |  | 50.0%
Yanfeng Adient Seating Co., Ltd. (YFAS) (3) |  | 49.9% |  | 49.9%
Interiors |  |  |  |
Yanfeng Global Automotive Interiors Systems Co., Ltd. (YFAI) |  | 30.0% |  | 29.7%
(1) |  | Changchun FAWAY - Johnson Controls Automotive Systems Co., Ltd. joint venture was renamed to Changchun FAWAY Adient Automotive Systems Co. Ltd.
(2) |  | Shanghai Johnson Controls Yanfeng Seating Mechanism Co., Ltd. joint venture was renamed to Adient Yanfeng Seating Mechanism Co., Ltd.
(3) |  | Shanghai Yanfeng Johnson Controls Seating Co., Ltd. (YFJC) joint venture was renamed to Yanfeng Adient Seating Co., Ltd. (YFAS).
Summarized balance sheet data:
|  | September 30, 2017
(in millions) |  | YFAS |  | All Other |  | Total
Current assets |  | $ | 3,059 |  |  | $ | 4,661 |  |  | $ | 7,720 |
Noncurrent assets |  | 678 |  |  | 2,479 |  |  | 3,157 |
Total assets |  | $ | 3,737 |  |  | $ | 7,140 |  |  | $ | 10,877 |
Current liabilities |  | $ | 2,793 |  |  | $ | 4,569 |  |  | $ | 7,362 |
Noncurrent liabilities |  | 49 |  |  | 331 |  |  | 380 |
Noncontrolling interests |  | 108 |  |  | 31 |  |  | 139 |
Shareholders' equity |  | 787 |  |  | 2,209 |  |  | 2,996 |
Total liabilities and shareholders' equity |  | $ | 3,737 |  |  | $ | 7,140 |  |  | $ | 10,877 |
|  | September 30, 2016
(in millions) |  | YFAS(1) |  | All Other |  | Total(1)
Current assets |  | $ | 2,306 |  |  | $ | 3,829 |  |  | $ | 6,135 |
Noncurrent assets |  | 539 |  |  | 2,120 |  |  | 2,659 |
Total assets |  | $ | 2,845 |  |  | $ | 5,949 |  |  | $ | 8,794 |
Current liabilities |  | $ | 2,004 |  |  | $ | 3,851 |  |  | $ | 5,855 |
Noncurrent liabilities |  | 44 |  |  | 151 |  |  | 195 |
Noncontrolling interests |  | 113 |  |  | 27 |  |  | 140 |
Shareholders' equity |  | 684 |  |  | 1,920 |  |  | 2,604 |
Total liabilities and shareholders' equity |  | $ | 2,845 |  |  | $ | 5,949 |  |  | $ | 8,794 |
(1) |  | Amounts presented have been revised from what was previously reported, as discussed in Note 1, "Basis of Presentation and Summary of Significant Accounting Policies". The engineering recovery revisions decreased noncurrent assets, total assets, shareholders' equity and total liabilities and shareholders' equity at YFAS by $70 million as of September 30, 2016.
Summarized income statement data with reconciliation to Adient's equity in net income from nonconsolidated partially-owned affiliates:
|  | 2017
(in millions) |  | YFAS |  | All Other |  | Total
Net sales |  | $ | 4,617 |  |  | $ | 12,645 |  |  | $ | 17,262 |
Gross profit |  | 603 |  |  | 1,391 |  |  | 1,994 |
Operating income |  | 432 |  |  | 728 |  |  | 1,160 |
Net income |  | 351 |  |  | 688 |  |  | 1,039 |
Income attributable to noncontrolling interests |  | 47 |  |  | 18 |  |  | 65 |
Net income attributable to the entity |  | 304 |  |  | 670 |  |  | 974 |
Equity in net income, before basis adjustments |  | 152 |  |  | 395 |  |  | 547 |
Basis adjustments |  | (2 | ) |  | (23 | ) |  | (25 | )
Equity in net income |  | 150 |  |  | 372 |  |  | 522 |
|  | 2016
(in millions) |  | YFAS(1) |  | All Other |  | Total(1)
Net sales |  | $ | 4,198 |  |  | $ | 11,928 |  |  | $ | 16,126 |
Gross profit |  | 583 |  |  | 1,213 |  |  | 1,796 |
Operating income |  | 426 |  |  | 663 |  |  | 1,089 |
Net income |  | 348 |  |  | 625 |  |  | 973 |
Income attributable to noncontrolling interests |  | 48 |  |  | 7 |  |  | 55 |
Net income attributable to the entity |  | 300 |  |  | 618 |  |  | 918 |
Equity in net income, before basis adjustments |  | 150 |  |  | 218 |  |  | 368 |
Basis adjustments |  | (3 | ) |  | (21 | ) |  | (24 | )
Equity in net income |  | 147 |  |  | 197 |  |  | 344 |
|  | 2015
(in millions) |  | YFAS(1) |  | All Other |  | Total(1)
Net sales |  | $ | 3,855 |  |  | $ | 5,594 |  |  | $ | 9,449 |
Gross profit |  | 538 |  |  | 662 |  |  | 1,200 |
Operating income |  | 405 |  |  | 397 |  |  | 802 |
Net income |  | 332 |  |  | 376 |  |  | 708 |
Income attributable to noncontrolling interests |  | 46 |  |  | 6 |  |  | 52 |
Net income attributable to the entity |  | 286 |  |  | 370 |  |  | 656 |
Equity in net income, before basis adjustments |  | 142 |  |  | 149 |  |  | 291 |
Basis adjustments |  | (3 | ) |  | (8 | ) |  | (11 | )
Equity in net income |  | 139 |  |  | 141 |  |  | 280 |
(1) |  | Amounts presented have been revised from what was previously reported, as discussed in Note 1, "Basis of Presentation and Summary of Significant Accounting Policies". The engineering recovery revisions decreased operating income, net income and net income attributable to YFAS by $26 million and $28 million for the years ended September 30, 2016 and 2015, respectively.

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=66011266&loc=d3e33918-111571 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32847-111569 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=64825282&loc=d3e32787-111569 + Details
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