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Segment Information
 6 Months Ended
Mar. 31, 2024
Segment Reporting [Abstract]  
Segment Information
15. Segment Information

Adient manages its business on a geographic basis and operates in the following three reportable segments for financial reporting purposes: (i) Americas, which is inclusive of North America and South America; (ii) Europe, Middle East, and Africa ("EMEA"); and (iii) Asia Pacific/China ("Asia").

Adient evaluates the performance of its reportable segments using an adjusted EBITDA metric defined as income before income taxes and noncontrolling interests, excluding net financing charges, restructuring and impairment costs, restructuring related-costs, net mark-to-market adjustments on pension and postretirement plans, transaction gains/losses, purchase accounting amortization, depreciation, stock-based compensation and other non-recurring items ("Adjusted EBITDA"). Also, certain corporate-related costs are not allocated to the segments. The reportable segments are consistent with how management views the markets served by Adient and reflect the financial information that is reviewed by its chief operating decision maker.
The following table summarizes net sales and adjusted EBITDA by reportable segment for the three and six months ended March 31, 2024 and 2023:

(in millions)AmericasEMEAAsiaCorporate/EliminationsConsolidated
Three months ended March 31, 2024
Net sales$1,660 $1,370 $742 $(22)$3,750 
Adjusted EBITDA$80 $57 $112 $(22)$227 
Three months ended March 31, 2023
Net sales$1,761 $1,401 $774 $(24)$3,912 
Adjusted EBITDA$72 $53 $113 $(23)$215 
Six months ended March 31, 2024
Net sales$3,307 $2,638 $1,512 $(47)$7,410 
Adjusted EBITDA$160 $102 $226 $(45)$443 
Six months ended March 31, 2023
Net sales$3,485 $2,583 $1,595 $(52)$7,611 
Adjusted EBITDA$141 $81 $251 $(46)$427 

The following is a reconciliation of Adient's reportable segments' adjusted EBITDA to income before income taxes:

Three Months Ended
March 31,		Six Months Ended
March 31,
(in millions)2024202320242023
Adjusted EBITDA
Americas$80 $72 $160 $141 
EMEA57 53 102 81 
Asia112 113 226 251 
Subtotal249 238 488 473 
Corporate-related costs (1)
(22)(23)(45)(46)
Restructuring and impairment costs (2)
(125)(17)(136)(24)
Purchase accounting amortization (3)
(13)(14)(24)(26)
Restructuring related charges (4)
(2)— 7 (3)
Impairment of interests in nonconsolidated partially owned affiliates (5)
— (7)— (6)
Depreciation
(70)(71)(142)(140)
Equity based compensation (6)
(10)(10)(23)(18)
Other items (7)
1 — (6)— 
Earnings before interest and income taxes8 96 119 210 
Net financing charges(47)(59)(91)(100)
Other pension income (expense) (8)
(2)(2)(4)(11)
Income (loss) before income taxes$(41)$35 $24 $99 

Notes:

(1) Corporate-related costs not allocated to the segments include executive office, communications, corporate development, legal and corporate finance.
(2) Reflects restructuring charges for costs that are probable and reasonably estimable and one-time asset impairments related to restructuring activities.
(3) Reflects amortization of intangible assets including those related to partially owned affiliates recorded within equity income.
(4) Reflects restructuring-related charges for costs that are recorded as incurred or as earned and other non-recurring impacts that are directly attributable to restructuring activities. The six months ended March 31, 2024 includes a $10 million gain on sale of a restructured facility.
(5) The three months ended March 31, 2023 reflects $4 million and $3 million of non-recurring impairment to certain of Adient's investments in nonconsolidated partially-owned affiliates in Asia and EMEA, respectively. The six months ended March 31, 2023 also reflects a $1 million non-recurring adjustment to certain of Adient's investments.
(6) During the six months ended March 31, 2024, a $5 million adjustment was recorded to increase equity-based compensation expense related to a retired executive's equity awards that should have been recognized in periods prior to September 30, 2023.
(7) The three months ended March 31, 2024 reflects $1 million of indirect tax recoveries in Brazil. The six months ended March 31, 2024 includes an $8 million loss on sale of 51% of Adient's interest in LFADNT (as described in Note 3, "Acquisitions and Divestitures," of the notes to consolidated financial statements), and a $2 million one-time divestiture related tax impact at an affiliate, partially offset by a $3 million non-recurring gain on a contract related settlement and $1 million of indirect tax recoveries in Brazil.

(8) The six months ended March 31, 2023 includes an $8 million curtailment loss associated with employee termination benefit plans in the Americas segment.
Geographic Information

Revenue by geographic area is as follows:

Net Sales
 Three Months Ended
March 31,		Six Months Ended
March 31,
(in millions)2024202320242023
Americas
United States$1,491 $1,629 $2,913 $3,182 
Mexico628 615 1,260 1,222 
Other Americas61 87 147 182 
Regional elimination(520)(570)(1,013)(1,101)
1,660 1,761 3,307 3,485 
EMEA
Germany254 305 478 553 
Poland249 248 498 454 
Czech Republic220 261 415 488 
Other EMEA1,021 986 1,970 1,811 
Regional elimination(374)(399)(723)(723)
1,370 1,401 2,638 2,583 
Asia
China336 307 710 705 
Korea128 140 250 279 
Thailand126 154 248 295 
Japan86 103 179 190 
Other Asia78 79 149 143 
Regional elimination(12)(9)(24)(17)
742 774 1,512 1,595 
Inter-segment elimination(22)(24)(47)(52)
Total$3,750 $3,912 $7,410 $7,611