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Debt and Financing Arrangements (Tables) | 6 Months Ended
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Mar. 31, 2019
Debt Disclosure [Abstract] |
Schedule of Long-Term Debt | Long-term debt consisted of the following:
(in millions) |  | March 31, 2019 |  | September 30, 2018
Term Loan A - LIBOR plus 1.75% due in 2021 |  | $ | 1,200 |  |  | $ | 1,200 |
4.875% Notes due in 2026 |  | 900 |  |  | 900 |
3.50% Notes due in 2024 |  | 1,123 |  |  | 1,162 |
European Investment Bank Loan - EURIBOR plus 0.90% due in 2022 |  | 185 |  |  | 192 |
Capital lease obligations |  | 1 |  |  | 2 |
Less: debt issuance costs |  | (35 | ) |  | (32 | )
Gross long-term debt |  | 3,374 |  |  | 3,424 |
Less: current portion |  | 1 |  |  | 2 |
Net long-term debt |  | $ | 3,373 |  |  | $ | 3,422 |
Schedule of Net Financing Charges | Adient's net financing charges line item in the consolidated statements of income contained the following components:
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Interest expense, net of capitalized interest costs |  | $ | 38 |  |  | $ | 36 |  |  | $ | 73 |  |  | $ | 70 |
Banking fees and debt issuance cost amortization |  | 4 |  |  | 2 |  |  | 7 |  |  | 4 |
Interest income |  | (3 | ) |  | (1 | ) |  | (4 | ) |  | (2 | )
Net foreign exchange |  | 1 |  |  | — |  |  | (1 | ) |  | (2 | )
Net financing charges |  | $ | 40 |  |  | $ | 37 |  |  | $ | 75 |  |  | $ | 70 |

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