XML 72 R56.htm IDEA: XBRL DOCUMENT
v3.8.0.1

Note 17. Segment Reporting (Tables) | 12 Months Ended
--- | ---
Sep. 30, 2017
Segment Reporting Information [Line Items] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | Financial information relating to Adient's reportable segments is as follows:
|  | Year Ended September 30,
(in millions) |  | 2017 |  | 2016 (1) |  | 2015 (1)
Adjusted EBIT |  |  |  |  |  |
Seating |  | $ | 1,151 |  |  | $ | 1,091 |  |  | $ | 909 |
Interiors |  | 93 |  |  | 91 |  |  | 118 |
Becoming Adient costs (2) |  | (95 | ) |  | — |  |  | — |
Separation costs (3) |  | (10 | ) |  | (369 | ) |  | — |
Restructuring and impairment costs |  | (46 | ) |  | (332 | ) |  | (182 | )
Purchase accounting amortization (4) |  | (43 | ) |  | (37 | ) |  | (23 | )
Restructuring related charges (5) |  | (37 | ) |  | (14 | ) |  | (16 | )
Pension mark-to-market (6) |  | 45 |  |  | (110 | ) |  | (6 | )
Gain on previously-held interest (7) |  | 151 |  |  | — |  |  | — |
Gain on business divestiture |  | — |  |  | — |  |  | 137 |
Other items (8) |  | (16 | ) |  | 79 |  |  | 19 |
Earnings before interest and income taxes |  | 1,193 |  |  | 399 |  |  | 956 |
Net financing charges |  | (132 | ) |  | (22 | ) |  | (12 | )
Income before income taxes |  | $ | 1,061 |  |  | $ | 377 |  |  | $ | 944 |
(1) |  | Amounts presented have been revised from what was previously reported to correctly report net sales, equity income and total assets as discussed in Note 1, "Basis of Presentation and Summary of Significant Accounting Policies".
(2) |  | Reflects incremental expenses associated with becoming an independent company, including non-cash costs of $30 million for the year ended September 30, 2017
(3) |  | Reflects expenses associated with and incurred prior to the separation from the former Parent.
(4) |  | Reflects amortization of intangible assets including those related to the YFAI joint venture recorded within equity income.
(5) |  | Reflects restructuring related charges for costs that are directly attributable to restructuring activities, but do not meet the definition of restructuring under ASC 420.
(6) |  | Reflects net mark-to-market adjustments on pension and postretirement plans.
(7) |  | An amendment to the rights agreement of a seating affiliate in China was finalized in the fourth quarter of fiscal 2017 giving Adient control of the previously non-consolidated affiliate. Adient began consolidating the entity in July 2017 and was required to apply purchase accounting, including recognizing a gain on our previously held interest, which has been recorded in equity income.
(8) |  | Reflects primarily the $12 million of initial funding of the Adient foundation and $3 million of transaction costs associated with the acquisition of Futuris for the year ended September 30, 2017. Reflects a $24 million multi-employer pension credit associated with the removal of costs for pension plans that remained with the former Parent, $22 million of favorable settlements from prior year business divestitures, a $20 million favorable legal settlement and a $13 million favorable commercial settlement during the year ended September 30, 2016. Reflects a $19 million multi-employer pension credit associated with the removal of costs for pension plans that remained with the former Parent for the year ended September 30, 2015.
|  | Year Ended September 30, 2017
|  | Reportable Segments |  | Reconciling Items(1) |  | Consolidated
(in millions) |  | Seating |  | Interiors |  |
Net Sales |  | $ | 16,213 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,213 |
Equity Income |  | 301 |  |  | 93 |  |  | 128 |  |  | 522 |
Total Assets |  | 12,061 |  |  | 1,109 |  |  | — |  |  | 13,170 |
Depreciation |  | 332 |  |  | — |  |  | 5 |  |  | 337 |
Amortization |  | — |  |  | — |  |  | 21 |  |  | 21 |
Capital Expenditures |  | 577 |  |  | — |  |  | — |  |  | 577 |
(1) |  | Included in equity income is a $151 million gain on a previously held interest in a China Seating affiliate that Adient began consolidating in the fourth quarter of fiscal 2017 as a result of an amendment to the related rights agreement, $22 million of purchase accounting amortization related to the YFAI joint venture and $1 million of restructuring related costs related to the YFAI joint venture. Included in depreciation expense is $5 million of accelerated depreciation which is part of the incremental expenses associated with becoming an independent company (Becoming Adient). Included in amortization expense is $21 million of purchase accounting amortization related to consolidated Seating entities.
|  | Year Ended September 30, 2016
|  | Reportable Segments |  | Reconciling Items(2) |  | Consolidated(1)
(in millions) |  | Seating (1) |  | Interiors |  |
Net Sales |  | $ | 16,790 |  |  | $ | — |  |  | $ | — |  |  | $ | 16,790 |
Equity Income |  | 273 |  |  | 91 |  |  | (20 | ) |  | 344 |
Total Assets |  | 11,917 |  |  | 1,039 |  |  | — |  |  | 12,956 |
Depreciation |  | 327 |  |  | — |  |  | — |  |  | 327 |
Amortization |  | — |  |  | — |  |  | 17 |  |  | 17 |
Capital Expenditures |  | 437 |  |  | — |  |  | — |  |  | 437 |
(1) |  | Amounts presented have been revised from what was previously reported to correctly report net sales, equity income and total assets as discussed in Note 1, "Basis of Presentation and Summary of Significant Accounting Policies".
(2) |  | Included in equity income is $20 million of purchase accounting amortization related to the YFAI joint venture. Included in amortization expense is $17 million of purchase accounting amortization related to consolidated Seating entities.
|  | Year Ended September 30, 2015
|  | Reportable Segments |  | Reconciling Items(2) |  | Consolidated(1)
(in millions) |  | Seating(1) |  | Interiors |  |
Net Sales |  | $ | 17,069 |  |  | $ | 2,954 |  |  | $ | — |  |  | $ | 20,023 |
Equity Income |  | 248 |  |  | 37 |  |  | (5 | ) |  | 280 |
Total Assets |  | 9,353 |  |  | 1,006 |  |  | 55 |  |  | 10,414 |
Depreciation |  | 329 |  |  | — |  |  | — |  |  | 329 |
Amortization |  | — |  |  | — |  |  | 18 |  |  | 18 |
Capital Expenditures |  | 478 |  |  | — |  |  | — |  |  | 478 |
(1) |  | Amounts presented have been revised from what was previously reported to correctly report net sales, equity income and total assets as discussed in Note 1, "Basis of Presentation and Summary of Significant Accounting Policies".
(2) |  | Included in equity income is $5 million of purchase accounting amortization related to the YFAI joint venture. Included in total assets is $55 million of assets classified as held for sale. Included in amortization expense is $18 million of purchase accounting amortization related to consolidated Seating entities.

X
- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
Name: | us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_SegmentReportingInformationLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration