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Segment Information (Tables) | 6 Months Ended
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Mar. 31, 2019
Segment Reporting [Abstract] |
Schedule of Financial Information for Reportable Segments | Financial information relating to Adient's reportable segments is as follows:
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 (1) |  | 2019 |  | 2018 (1)
Net Sales |  |  |  |  |  |  |  |
Americas |  | $ | 1,915 |  |  | $ | 1,941 |  |  | $ | 3,850 |  |  | $ | 3,727 |
EMEA |  | 1,778 |  |  | 2,056 |  |  | 3,418 |  |  | 3,909 |
Asia |  | 599 |  |  | 690 |  |  | 1,249 |  |  | 1,338 |
Eliminations |  | (64 | ) |  | (91 | ) |  | (131 | ) |  | (174 | )
Total net sales |  | $ | 4,228 |  |  | $ | 4,596 |  |  | $ | 8,386 |  |  | $ | 8,800 |
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 (1) |  | 2019 |  | 2018 (1)
Adjusted EBITDA |  |  |  |  |  |  |  |
Americas |  | $ | 34 |  |  | $ | 98 |  |  | $ | 77 |  |  | $ | 133 |
EMEA |  | 59 |  |  | 130 |  |  | 61 |  |  | 212 |
Asia |  | 123 |  |  | 157 |  |  | 277 |  |  | 333 |
Corporate-related costs (2) |  | (25 | ) |  | (23 | ) |  | (48 | ) |  | (50 | )
Becoming Adient costs (3) |  | — |  |  | (19 | ) |  | — |  |  | (38 | )
Restructuring and impairment costs (4) |  | (113 | ) |  | (315 | ) |  | (144 | ) |  | (315 | )
Purchase accounting amortization (5) |  | (10 | ) |  | (18 | ) |  | (20 | ) |  | (35 | )
Restructuring related charges (6) |  | (14 | ) |  | (12 | ) |  | (23 | ) |  | (23 | )
Stock based compensation (7) |  | (2 | ) |  | (12 | ) |  | (8 | ) |  | (22 | )
Depreciation (8) |  | (72 | ) |  | (99 | ) |  | (137 | ) |  | (193 | )
Other items (9) |  | (2 | ) |  | (28 | ) |  | (3 | ) |  | (42 | )
Earnings (loss) before interest and income taxes |  | (22 | ) |  | (141 | ) |  | 32 |  |  | (40 | )
Net financing charges |  | (40 | ) |  | (37 | ) |  | (75 | ) |  | (70 | )
Other pension income |  | — |  |  | 7 |  |  | 2 |  |  | 8 |
Income (loss) before income taxes |  | $ | (62 | ) |  | $ | (171 | ) |  | $ | (41 | ) |  | $ | (102 | )
Notes (1) The presentation of certain amounts has been revised from what was previously reported to retrospectively adopt Accounting Standard Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Cost" as of October 1, 2018. See Note 1, "Basis of Presentation and Summary of Significant Accounting Policies," for more information. (2) Corporate-related costs not allocated to the segments include executive office, communications, corporate development, legal and finance. (3) Reflects incremental expenses associated with becoming an independent company. Includes non-cash costs of $5 million and $11 million in the three and six months ended March 31, 2018, respectively. (4) Reflects qualified restructuring charges for costs that are directly attributable to restructuring activities and meet the definition of restructuring under ASC 420 and non-recurring impairment charges. (5) Reflects amortization of intangible assets including those related to partially owned affiliates recorded within equity income. As a result of the fiscal year 2018 YFAI impairment, the intangible assets related to YFAI were deemed to be fully impaired and thus no longer amortized. (6) Reflects restructuring related charges for costs that are directly attributable to restructuring activities, but do not meet the definition of restructuring under ASC 420. (7) For the six months ended March 31, 2018, stock based compensation excludes $8 million, which is included in Becoming Adient costs discussed above. (8) For the six months ended March 31, 2018, depreciation excludes $4 million, which is included in restructuring related charges discussed above. (9) The three and six months ended March 31, 2019 reflects $2 million and $3 million of Futuris integration costs, respectively. The three months ended March 31, 2018 includes $7 million of Futuris integration costs, $8 million of prior period adjustments, $7 million of non-recurring consulting fees related to the former SS&M segment. The six months ended March 31, 2018 also includes $8 million for the U.S tax reform impact at YFAI and $6 million of integration-related costs associated with Futuris. In addition, for both the three and six months ended March 31, 2018, $6 million of other non-recurring income that was reclassified to other pension income upon adoption of ASU 2017-07. Financial information relating to Adient's reportable segments is as follows:
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 (1) |  | 2019 |  | 2018 (1)
Net Sales |  |  |  |  |  |  |  |
Americas |  | $ | 1,915 |  |  | $ | 1,941 |  |  | $ | 3,850 |  |  | $ | 3,727 |
EMEA |  | 1,778 |  |  | 2,056 |  |  | 3,418 |  |  | 3,909 |
Asia |  | 599 |  |  | 690 |  |  | 1,249 |  |  | 1,338 |
Eliminations |  | (64 | ) |  | (91 | ) |  | (131 | ) |  | (174 | )
Total net sales |  | $ | 4,228 |  |  | $ | 4,596 |  |  | $ | 8,386 |  |  | $ | 8,800 |
|  | Three Months Ended March 31, |  | Six Months Ended March 31,
(in millions) |  | 2019 |  | 2018 (1) |  | 2019 |  | 2018 (1)
Adjusted EBITDA |  |  |  |  |  |  |  |
Americas |  | $ | 34 |  |  | $ | 98 |  |  | $ | 77 |  |  | $ | 133 |
EMEA |  | 59 |  |  | 130 |  |  | 61 |  |  | 212 |
Asia |  | 123 |  |  | 157 |  |  | 277 |  |  | 333 |
Corporate-related costs (2) |  | (25 | ) |  | (23 | ) |  | (48 | ) |  | (50 | )
Becoming Adient costs (3) |  | — |  |  | (19 | ) |  | — |  |  | (38 | )
Restructuring and impairment costs (4) |  | (113 | ) |  | (315 | ) |  | (144 | ) |  | (315 | )
Purchase accounting amortization (5) |  | (10 | ) |  | (18 | ) |  | (20 | ) |  | (35 | )
Restructuring related charges (6) |  | (14 | ) |  | (12 | ) |  | (23 | ) |  | (23 | )
Stock based compensation (7) |  | (2 | ) |  | (12 | ) |  | (8 | ) |  | (22 | )
Depreciation (8) |  | (72 | ) |  | (99 | ) |  | (137 | ) |  | (193 | )
Other items (9) |  | (2 | ) |  | (28 | ) |  | (3 | ) |  | (42 | )
Earnings (loss) before interest and income taxes |  | (22 | ) |  | (141 | ) |  | 32 |  |  | (40 | )
Net financing charges |  | (40 | ) |  | (37 | ) |  | (75 | ) |  | (70 | )
Other pension income |  | — |  |  | 7 |  |  | 2 |  |  | 8 |
Income (loss) before income taxes |  | $ | (62 | ) |  | $ | (171 | ) |  | $ | (41 | ) |  | $ | (102 | )
Notes (1) The presentation of certain amounts has been revised from what was previously reported to retrospectively adopt Accounting Standard Update ("ASU") 2017-07, "Compensation-Retirement Benefits (Topic 715): Improving the Presentation of Net Periodic Pension Cost and Net Periodic Postretirement Cost" as of October 1, 2018. See Note 1, "Basis of Presentation and Summary of Significant Accounting Policies," for more information. (2) Corporate-related costs not allocated to the segments include executive office, communications, corporate development, legal and finance. (3) Reflects incremental expenses associated with becoming an independent company. Includes non-cash costs of $5 million and $11 million in the three and six months ended March 31, 2018, respectively. (4) Reflects qualified restructuring charges for costs that are directly attributable to restructuring activities and meet the definition of restructuring under ASC 420 and non-recurring impairment charges. (5) Reflects amortization of intangible assets including those related to partially owned affiliates recorded within equity income. As a result of the fiscal year 2018 YFAI impairment, the intangible assets related to YFAI were deemed to be fully impaired and thus no longer amortized. (6) Reflects restructuring related charges for costs that are directly attributable to restructuring activities, but do not meet the definition of restructuring under ASC 420. (7) For the six months ended March 31, 2018, stock based compensation excludes $8 million, which is included in Becoming Adient costs discussed above. (8) For the six months ended March 31, 2018, depreciation excludes $4 million, which is included in restructuring related charges discussed above. (9) The three and six months ended March 31, 2019 reflects $2 million and $3 million of Futuris integration costs, respectively. The three months ended March 31, 2018 includes $7 million of Futuris integration costs, $8 million of prior period adjustments, $7 million of non-recurring consulting fees related to the former SS&M segment. The six months ended March 31, 2018 also includes $8 million for the U.S tax reform impact at YFAI and $6 million of integration-related costs associated with Futuris. In addition, for both the three and six months ended March 31, 2018, $6 million of other non-recurring income that was reclassified to other pension income upon adoption of ASU 2017-07. Additional Segment Information
|  | Three Months Ended March 31, 2019
|  | Reportable Segments |  | Reconciling Items(1) |  | Consolidated
(in millions) |  | Americas |  | EMEA |  | Asia |  |
Equity Income |  | $ | — |  |  | $ | 3 |  |  | $ | 59 |  |  | $ | — |  |  | $ | 62 |
Depreciation |  | 27 |  |  | 34 |  |  | 11 |  |  | — |  |  | 72 |
Capital Expenditures |  | 52 |  |  | 46 |  |  | 10 |  |  | — |  |  | 108 |
Total Assets |  | 3,309 |  |  | 2,806 |  |  | 3,653 |  |  | 806 |  |  | 10,574 |
|  | Six Months Ended March 31, 2019
|  | Reportable Segments |  | Reconciling Items(1) |  | Consolidated
(in millions) |  | Americas |  | EMEA |  | Asia |  |
Equity Income |  | $ | 1 |  |  | $ | 5 |  |  | $ | 139 |  |  | $ | — |  |  | $ | 145 |
Depreciation |  | 51 |  |  | 63 |  |  | 23 |  |  | — |  |  | 137 |
Capital Expenditures |  | 100 |  |  | 130 |  |  | 22 |  |  | — |  |  | 252 |
Total Assets |  | 3,309 |  |  | 2,806 |  |  | 3,653 |  |  | 806 |  |  | 10,574 |
|  | Three Months Ended March 31, 2018
|  | Reportable Segments |  | Reconciling Items(1) |  | Consolidated
(in millions) |  | Americas |  | EMEA |  | Asia |  |
Equity Income |  | $ | 2 |  |  | $ | 3 |  |  | $ | 80 |  |  | $ | — |  |  | $ | 85 |
Depreciation |  | 36 |  |  | 51 |  |  | 11 |  |  | 3 |  |  | 101 |
Capital Expenditures |  | 42 |  |  | 67 |  |  | 14 |  |  | — |  |  | 123 |
|  | Six Months Ended March 31, 2018
|  | Reportable Segments |  | Reconciling Items(1) |  | Consolidated
(in millions) |  | Americas |  | EMEA |  | Asia |  |
Equity Income |  | $ | 3 |  |  | $ | 6 |  |  | $ | 172 |  |  | $ | — |  |  | $ | 181 |
Depreciation |  | 70 |  |  | 99 |  |  | 22 |  |  | 6 |  |  | 197 |
Capital Expenditures |  | 104 |  |  | 147 |  |  | 15 |  |  | — |  |  | 266 |
(1) Reconciling items include corporate-related assets and depreciation amounts to reconcile to consolidated totals.

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- 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://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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