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Note 12. Equity and Noncontrolling Interests
 12 Months Ended
Sep. 30, 2017
Equity [Abstract]  
Stockholders' Equity Note Disclosure [Text Block]
12. Equity and Noncontrolling Interests


The following table presents changes in AOCI attributable to Adient:
 
 
Year Ended
September 30,
(in millions, net of tax)
 
2017
 
2016
 
2015
Foreign currency translation adjustments
 
 
 
 
 
 
Balance at beginning of period
 
$
(260
)
 
$
(229
)
 
$
283

Aggregate adjustment for the period (net of tax effect of $0, $(28) and $9)
 
(138
)
 
(31
)
 
(512
)
Balance at end of period
 
(398
)
 
(260
)
 
(229
)
Realized and unrealized gains (losses) on derivatives
 
 
 
 
 
 
Balance at beginning of period
 
(14
)
 
(17
)
 
(6
)
Current period changes in fair value (net of tax effect of $1, $10 and $1)
 
6

 
26

 
5

Reclassification to income (net of tax effect of $2, $(8) and $(6))*
 
11

 
(23
)
 
(16
)
Balance at end of period
 
3

 
(14
)
 
(17
)
Pension and postretirement plans
 
 
 
 
 
 
Balance at beginning of period
 
(2
)
 
(1
)
 
(1
)
Reclassifications to income (net of tax effect of $0)
 
—

 
(1
)
 
—

Balance at end of period
 
(2
)
 
(2
)
 
(1
)
Accumulated other comprehensive income (loss), end of period
 
$
(397
)
 
$
(276
)
 
$
(247
)

* Refer to Note 9, "Derivative Instruments and Hedging Activities," of the notes to consolidated financial statements for disclosure of the line items on the consolidated statements of income affected by reclassifications from AOCI into income related to derivatives.

Adient consolidates certain subsidiaries in which the noncontrolling interest party has within their control the right to require Adient to redeem all or a portion of its interest in the subsidiary. These redeemable noncontrolling interests are reported at their estimated redemption value. Any adjustment to the redemption value impacts retained earnings but does not impact net income. Redeemable noncontrolling interests which are redeemable only upon future events, the occurrence of which is not currently probable, are recorded at carrying value. The following table presents changes in the redeemable noncontrolling interests:
 
 
Year Ended
September 30,
(in millions)
 
2017
 
2016
 
2015
Beginning balance
 
$
34

 
$
31

 
$
27

Net income
 
25

 
25

 
16

Foreign currency translation adjustments
 
—

 
1

 
(3
)
Dividends
 
(31
)
 
(23
)
 
(9
)
Ending balance
 
$
28

 
$
34

 
$
31



The change in Parent's net investment includes all intercompany activity with the former Parent prior to separation, including a $1.5 billion non-cash settlement during fiscal 2017.

During March 2017, Adient declared a dividend of $0.275 per ordinary share, which was paid in April 2017. In July 2017, Adient declared a dividend of $0.275 per ordinary share, which was paid in August 2017. In September 2017, Adient declared a dividend of $0.275 per ordinary share, which is payable in November 2017. In November 2017, Adient declared a dividend of $0.275 per ordinary share, which is payable in February 2018.

During fiscal 2017, Adient repurchased 573,437 ordinary shares for $40 million. Repurchased shares were retired immediately upon repurchase.