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Equity and Noncontrolling Interests (Tables) | 6 Months Ended
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Mar. 31, 2019
Equity [Abstract] |
Schedule of Stockholders Equity |
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Ordinary shares, beginning of the period |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | — |
Ordinary shares, end of the period |  | — |  |  | — |  |  | — |  |  | — |
Additional paid-in capital, beginning of the period |  | 3,954 |  |  | 3,952 |  |  | 3,951 |  |  | 3,942 |
Share-based compensation |  | 2 |  |  | 4 |  |  | 8 |  |  | 10 |
Other |  | — |  |  | (1 | ) |  | (3 | ) |  | 3 |
Additional paid-in capital, end of the period |  | 3,956 |  |  | 3,955 |  |  | 3,956 |  |  | 3,955 |
Retained earnings (Accumulated deficit), beginning of the period |  | (1,070 | ) |  | 492 |  |  | (1,028 | ) |  | 734 |
Net income (loss) attributable to Adient |  | $ | (149 | ) |  | $ | (168 | ) |  | $ | (166 | ) |  | $ | (384 | )
Dividends declared ($0.275 per share/quarter) |  | — |  |  | (25 | ) |  | (26 | ) |  | (51 | )
Share-based compensation |  | (1 | ) |  | — |  |  | — |  |  | — |
Retained earnings (Accumulated deficit), end of the period |  | (1,220 | ) |  | 299 |  |  | (1,220 | ) |  | 299 |
Accumulated other comprehensive income, beginning of the period |  | (518 | ) |  | (336 | ) |  | (531 | ) |  | (397 | )
Foreign currency translation adjustments |  | 35 |  |  | 132 |  |  | 51 |  |  | 203 |
Realized and unrealized gains (losses) on derivatives |  | 4 |  |  | 10 |  |  | 1 |  |  | — |
Employee retirement plans |  | — |  |  | 9 |  |  | — |  |  | 9 |
Accumulated other comprehensive income, end of the period |  | (479 | ) |  | (185 | ) |  | (479 | ) |  | (185 | )
Shareholders' equity attributable to Adient |  | 2,257 |  |  | 4,069 |  |  | 2,257 |  |  | 4,069 |
Noncontrolling interest, beginning of the period |  | 358 |  |  | 321 |  |  | 325 |  |  | 313 |
Net income (loss) |  | 14 |  |  | 16 |  |  | 33 |  |  | 29 |
Foreign currency translation adjustments |  | 4 |  |  | 9 |  |  | 5 |  |  | 13 |
Dividends attributable to noncontrolling interests |  | (3 | ) |  | (21 | ) |  | (18 | ) |  | (30 | )
Change in noncontrolling interest share |  | — |  |  | 1 |  |  | — |  |  | 1 |
Formation of consolidated joint venture |  | — |  |  | — |  |  | 28 |  |  | — |
Noncontrolling interest, end of the period |  | 373 |  |  | 326 |  |  | 373 |  |  | 326 |
Total equity |  | $ | 2,630 |  |  | $ | 4,395 |  |  | $ | 2,630 |  |  | $ | 4,395 |
Schedule of AOCI | The following table presents changes in AOCI attributable to Adient:
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Foreign currency translation adjustments |  |  |  |  |  |  |  |
Balance at beginning of period |  | $ | (507 | ) |  | $ | (327 | ) |  | $ | (523 | ) |  | $ | (398 | )
Aggregate adjustment for the period, net of tax |  | 35 |  |  | 132 |  |  | 51 |  |  | 203 |
Balance at end of period |  | (472 | ) |  | (195 | ) |  | (472 | ) |  | (195 | )
Realized and unrealized gains (losses) on derivatives |  |  |  |  |  |  |  |
Balance at beginning of period |  | (10 | ) |  | (7 | ) |  | (7 | ) |  | 3 |
Current period changes in fair value, net of tax |  | 4 |  |  | 11 |  |  | 1 |  |  | 1 |
Reclassification to income, net of tax |  | — |  |  | (1 | ) |  | — |  |  | (1 | )
Balance at end of period |  | (6 | ) |  | 3 |  |  | (6 | ) |  | 3 |
Pension and postretirement plans |  |  |  |  |  |  |  |
Balance at beginning of period |  | (1 | ) |  | (2 | ) |  | (1 | ) |  | (2 | )
Net reclassifications to AOCI |  | — |  |  | 9 |  |  | — |  |  | 9 |
Balance at end of period |  | (1 | ) |  | 7 |  |  | (1 | ) |  | 7 |
Accumulated other comprehensive income (loss), end of period |  | $ | (479 | ) |  | $ | (185 | ) |  | $ | (479 | ) |  | $ | (185 | )
Schedule of Changes in Redeemable Noncontrolling Interest | The following table presents changes in the redeemable noncontrolling interests:
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 |  | 2019 |  | 2018
Beginning balance |  | $ | 27 |  |  | $ | 29 |  |  | $ | 47 |  |  | $ | 28 |
Net income |  | 9 |  |  | 9 |  |  | 18 |  |  | 16 |
Foreign currency translation adjustments |  | 1 |  |  | 1 |  |  | — |  |  | 2 |
Dividends |  | — |  |  | — |  |  | (28 | ) |  | (8 | )
Change in noncontrolling interest share |  | — |  |  | — |  |  | — |  |  | 1 |
Ending balance |  | $ | 37 |  |  | $ | 39 |  |  | $ | 37 |  |  | $ | 39 |

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- Definition Tabular disclosure of redeemable noncontrolling interest (as defined) included in the statement of financial position as either a liability or temporary equity. As of the date of the statement of financial position, such redeemable noncontrolling interest is currently redeemable, as defined, for cash or other assets of the entity at (1) at a fixed or determinable price on a fixed or determinable date, (2) at the option of the holder of the noncontrolling interest, or (3) upon occurrence of an event that is not solely within the control of the entity. + References No definition available. + Details
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