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Income Taxes (Tables)

12 Months Ended

Sep. 30, 2024

Income Tax Disclosure [Abstract]

Schedule of Income Before Income Tax, Domestic and Foreign

Consolidated income (loss) before income taxes and noncontrolling interests for the years ended September 30, 2024, 2023, and 2022 is as follows:

						Year Ended September 30,
(in millions)						2024						2023						2022
Ireland						$	(13)					$	(1)					$	(2)
United States						(361)						(178)						(595)
Other Foreign						507						474						651
Income before income taxes and noncontrolling interests						$	133					$	295					$	54

Schedule of Components of the Provision (Benefit) for Income Taxes

The components of the provision (benefit) for income taxes are as follows:

						Year Ended September 30,
(in millions)						2024						2023						2022
Current
Ireland						$	—					$	—					$	(1)
US - Federal and State						5						4						6
Other Foreign						28						120						84
						33						124						89
Deferred
Ireland						—						—						1
US - Federal and State						—						1						(1)
Other Foreign						(1)						(125)						5
						(1)						(124)						5
Income tax provision						$	32					$	—					$	94

Schedule of Effective Tax Rate Reconciliation

The reconciliation between the Irish statutory income tax rate, and Adient’s effective tax rate is as follows:

						Year Ended September 30,
(in millions)						2024						2023						2022
Tax expense at Ireland statutory rate						$	17					$	37					$	7
State and local income taxes, net of federal benefit						(15)						(5)						(38)
Foreign tax rate differential						9						22						(1)
Notional interest deduction						(6)						(6)						(6)
Credits and incentives						(12)						(7)						(15)
Repatriation of foreign earnings						18						24						24
Foreign exchange						17						(7)						(2)
Impact of tax rate changes						(1)						—						(3)
Audit settlements and change in uncertain tax positions						(43)						(8)						(2)
Change in valuation allowance						90						(61)						94
Tax adjustments to value of investments						(38)						—						—
Tax impact of corporate equity and business restructuring transactions						1						1						30
Other						(5)						10						6
Income tax provision						$	32					$	—					$	94

Schedule of Deferred Taxes

Deferred taxes are classified in the consolidated statements of financial position as follows:

						September 30,
(in millions)						2024						2023
Other noncurrent assets						$	245					$	253
Other noncurrent liabilities						(191)						(206)
Net deferred tax asset						$	54					$	47

Schedule of Temporary Differences and Carryforwards

Temporary differences and carryforwards which gave rise to deferred tax assets and liabilities included:

						September 30,
(in millions)						2024						2023
Deferred tax assets:
Accrued expenses and reserves						$	123					$	135
Employee and retiree benefits						24						25
Net operating loss and other carryforwards						1,400						1,293
Property, plant and equipment						114						113
Intangible assets						112						132
Operating lease liabilities						57						55
Research and development						102						66
						1,932						1,819
Valuation allowances						(1,769)						(1,655)
						163						164
Deferred tax liabilities:
Unremitted earnings of foreign subsidiaries						39						38
Indirect tax credits						—						10
Operating lease right-of-use assets						57						55
Other						13						14
						109						117
Net deferred tax asset						$	54					$	47

Schedule of Unrecognized Tax Benefits

A reconciliation of the beginning and ending amount of unrecognized tax benefits is as follows:

						Year Ended September 30,
(in millions)						2024						2023						2022
Beginning balance						$	527					$	499					$	499
Additions for tax positions related to the current year						6						2						62
Additions for tax positions of prior years						18						50						2
Reductions for tax positions of prior years						(9)						(5)						(52)
Settlements with taxing authorities						(115)						(11)						(3)
Statute closings						(5)						(8)						(9)
Ending balance						$	422					$	527					$	499

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Tabular disclosure of the reconciliation using percentage or dollar amounts of the reported amount of income tax expense attributable to continuing operations for the year to the amount of income tax expense that would result from applying domestic federal statutory tax rates to pretax income from continuing operations.

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Tabular disclosure of income before income tax between domestic and foreign jurisdictions.

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Tabular disclosure of the change in unrecognized tax benefits.

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