Adient plc(NYSE:ADNT)

Adient plc designs, manufactures, and markets a range of seating systems and components for passenger cars, commercial vehicles, and light trucks. The company's products include frames, mechanisms, foams, head restraints, armrests, and trim covers. It serves automotive original equipment manufacture...
Website: http://www.adient.com
Founded: 2016
Full Time Employees: 77,000
Sector: Consumer Cyclical
Industry: Auto Parts
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At a glance:
Bull Thesis:
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Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
net sales | 3,865,000,000 | 3,644,000,000 | 3,688,000,000 | 3,741,000,000 | 3,611,000,000 | 3,495,000,000 | 3,562,000,000 | 3,716,000,000 | 3,750,000,000 | 3,660,000,000 | 3,729,000,000 | 4,055,000,000 | 3,912,000,000 | 3,699,000,000 | 3,650,000,000 | 3,485,000,000 | 3,506,000,000 | 3,480,000,000 | 2,771,000,000 | 3,242,000,000 | 3,819,000,000 | 3,848,000,000 | 3,597,000,000 | 1,626,000,000 | 3,511,000,000 | 3,936,000,000 | 3,921,000,000 | 4,219,000,000 | 4,228,000,000 | 4,158,000,000 | 4,145,000,000 | 4,494,000,000 | 4,596,000,000 | 4,204,000,000 | 3,946,000,000 | 4,017,000,000 | 4,212,000,000 | 4,038,000,000 | |
yoy | 7.03% | 4.26% | 3.54% | 0.67% | -3.71% | -4.51% | -4.48% | -8.36% | -4.14% | -1.05% | 2.16% | 16.36% | 11.58% | 6.29% | 31.72% | 7.50% | -8.20% | -9.56% | -22.96% | 99.38% | 8.77% | -2.24% | -8.26% | -61.46% | -16.96% | -5.34% | -5.40% | -6.12% | -8.01% | -1.09% | 5.04% | 11.87% | 9.12% | 4.11% | |||||
qoq | 6.06% | -1.19% | -1.42% | 3.60% | 3.32% | -1.88% | -4.14% | -0.91% | 2.46% | -1.85% | -8.04% | 3.66% | 5.76% | 1.34% | 4.73% | -0.60% | 0.75% | 25.59% | -14.53% | -15.11% | -0.75% | 6.98% | 121.22% | -53.69% | -10.80% | 0.38% | -7.06% | -0.21% | 1.68% | 0.31% | -7.77% | -2.22% | 9.32% | 6.54% | -1.77% | -4.63% | 4.31% | ||
cost of sales | 3,608,000,000 | 3,427,000,000 | 3,441,000,000 | 3,504,000,000 | 3,350,000,000 | 3,279,000,000 | 3,317,000,000 | 3,509,000,000 | 3,520,000,000 | 3,414,000,000 | 3,479,000,000 | 3,753,000,000 | 3,662,000,000 | 3,468,000,000 | 3,367,000,000 | 3,312,000,000 | 3,328,000,000 | 3,307,000,000 | 2,734,000,000 | 3,092,000,000 | 3,521,000,000 | 3,507,000,000 | 3,352,000,000 | 1,779,000,000 | 3,274,000,000 | 3,673,000,000 | 3,708,000,000 | 4,008,000,000 | 4,031,000,000 | 3,978,000,000 | 3,966,000,000 | 4,248,000,000 | 4,312,000,000 | 4,002,000,000 | 3,638,000,000 | 3,646,000,000 | 3,833,000,000 | 3,688,000,000 | |
gross profit | 257,000,000 | 217,000,000 | 247,000,000 | 237,000,000 | 261,000,000 | 216,000,000 | 245,000,000 | 207,000,000 | 230,000,000 | 246,000,000 | 250,000,000 | 302,000,000 | 250,000,000 | 231,000,000 | 283,000,000 | 173,000,000 | 178,000,000 | 173,000,000 | 37,000,000 | 150,000,000 | 298,000,000 | 341,000,000 | 245,000,000 | -153,000,000 | 237,000,000 | 263,000,000 | 213,000,000 | 211,000,000 | 197,000,000 | 180,000,000 | 179,000,000 | 246,000,000 | 284,000,000 | 202,000,000 | 308,000,000 | 371,000,000 | 379,000,000 | 350,000,000 | |
yoy | -1.53% | 0.46% | 0.82% | 14.49% | 13.48% | -12.20% | -2.00% | -31.46% | -8.00% | 6.49% | -11.66% | 74.57% | 40.45% | 33.53% | 664.86% | 15.33% | -40.27% | -49.27% | -84.90% | -198.04% | 25.74% | 29.66% | 15.02% | -172.51% | 20.30% | 46.11% | 18.99% | -14.23% | -30.63% | -10.89% | -41.88% | -33.69% | -25.07% | -42.29% | |||||
qoq | 18.43% | -12.15% | 4.22% | -9.20% | 20.83% | -11.84% | 18.36% | -10.00% | -6.50% | -1.60% | -17.22% | 20.80% | 8.23% | -18.37% | 63.58% | -2.81% | 2.89% | 367.57% | -75.33% | -49.66% | -12.61% | 39.18% | -260.13% | -164.56% | -9.89% | 23.47% | 0.95% | 7.11% | 9.44% | 0.56% | -27.24% | -13.38% | 40.59% | -34.42% | -16.98% | -2.11% | 8.29% | ||
gross margin % | 6.65% | 5.95% | 6.70% | 6.34% | 7.23% | 6.18% | 6.88% | 5.57% | 6.13% | 6.72% | 6.70% | 7.45% | 6.39% | 6.24% | 7.75% | 4.96% | 5.08% | 4.97% | 1.34% | 4.63% | 7.80% | 8.86% | 6.81% | -9.41% | 6.75% | 6.68% | 5.43% | 5.00% | 4.66% | 4.33% | 4.32% | 5.47% | 6.18% | 4.80% | 7.81% | 9.24% | 9.00% | 8.67% | |
selling, general and administrative expenses | 138,000,000 | 130,000,000 | 124,000,000 | 129,000,000 | 144,000,000 | 125,000,000 | 124,000,000 | 121,000,000 | 115,000,000 | 147,000,000 | 127,000,000 | 148,000,000 | 141,000,000 | 138,000,000 | 159,000,000 | 142,000,000 | 135,000,000 | 162,000,000 | 104,000,000 | 136,000,000 | 148,000,000 | 149,000,000 | 151,000,000 | 115,000,000 | 127,000,000 | 165,000,000 | 160,000,000 | 165,000,000 | 168,000,000 | 178,000,000 | 133,000,000 | 177,000,000 | 188,000,000 | 196,000,000 | 127,000,000 | 169,000,000 | 178,000,000 | 217,000,000 | |
restructuring and impairment costs | 5,000,000 | 24,000,000 | 11,000,000 | 7,000,000 | 351,000,000 | 23,000,000 | 16,000,000 | 16,000,000 | 125,000,000 | 11,000,000 | 10,000,000 | 6,000,000 | 17,000,000 | 7,000,000 | 5,000,000 | 12,000,000 | 4,000,000 | 4,000,000 | 1,000,000 | 8,000,000 | 5,000,000 | 7,000,000 | 135,000,000 | 49,000,000 | 52,000,000 | 2,000,000 | 17,000,000 | 15,000,000 | 113,000,000 | 31,000,000 | 809,000,000 | 57,000,000 | 315,000,000 | 40,000,000 | 6,000,000 | ||||
equity income | 13,000,000 | 27,000,000 | 8,000,000 | 17,000,000 | 18,000,000 | 25,000,000 | 25,000,000 | 24,000,000 | 18,000,000 | 23,000,000 | 27,000,000 | 25,000,000 | 4,000,000 | 28,000,000 | 19,000,000 | 16,000,000 | 7,000,000 | 33,000,000 | 1,264,000,000 | 38,000,000 | 85,000,000 | 97,000,000 | 79,000,000 | 48,000,000 | 8,000,000 | -113,000,000 | 66,000,000 | 64,000,000 | 62,000,000 | 83,000,000 | -281,000,000 | 87,000,000 | 85,000,000 | 96,000,000 | 236,000,000 | 94,000,000 | 91,000,000 | 101,000,000 | |
earnings before interest and income taxes | 127,000,000 | 90,000,000 | 120,000,000 | 118,000,000 | -216,000,000 | 93,000,000 | 130,000,000 | 94,000,000 | 8,000,000 | 111,000,000 | 140,000,000 | 173,000,000 | 96,000,000 | 114,000,000 | 138,000,000 | 35,000,000 | 46,000,000 | 40,000,000 | 1,170,000,000 | 44,000,000 | 230,000,000 | 282,000,000 | 50,000,000 | -269,000,000 | 66,000,000 | -42,000,000 | 102,000,000 | 95,000,000 | -22,000,000 | 54,000,000 | -1,044,000,000 | 99,000,000 | -134,000,000 | 102,000,000 | 377,000,000 | 296,000,000 | 286,000,000 | 234,000,000 | |
net financing charges | 48,000,000 | 48,000,000 | 49,000,000 | 51,000,000 | 48,000,000 | 45,000,000 | 50,000,000 | 48,000,000 | 47,000,000 | 44,000,000 | 46,000,000 | 49,000,000 | 59,000,000 | 41,000,000 | 43,000,000 | 39,000,000 | 83,000,000 | 50,000,000 | 55,000,000 | 87,000,000 | 110,000,000 | 59,000,000 | 64,000,000 | 58,000,000 | 50,000,000 | 48,000,000 | 47,000,000 | 60,000,000 | 40,000,000 | 35,000,000 | 35,000,000 | 39,000,000 | 37,000,000 | 33,000,000 | 33,000,000 | 31,000,000 | 33,000,000 | 35,000,000 | |
other pension expense | 3,000,000 | 1,000,000 | 7,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | 16,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 21,000,000 | 1,000,000 | 2,000,000 | 9,000,000 | -4,000,000 | -4,000,000 | -1,000,000 | -1,000,000 | -16,000,000 | -4,000,000 | -2,000,000 | -2,000,000 | 19,000,000 | -1,000,000 | -2,000,000 | -2,000,000 | 42,000,000 | 5,000,000 | -2,000,000 | ||||||||||
income before income taxes | 76,000,000 | 41,000,000 | 64,000,000 | 66,000,000 | -265,000,000 | 47,000,000 | 64,000,000 | 45,000,000 | -41,000,000 | 65,000,000 | 73,000,000 | 123,000,000 | 35,000,000 | 64,000,000 | 99,000,000 | -36,000,000 | -9,000,000 | 1,131,000,000 | -39,000,000 | 122,000,000 | 225,000,000 | -33,000,000 | -326,000,000 | 18,000,000 | -88,000,000 | 13,000,000 | 30,000,000 | -62,000,000 | 21,000,000 | -1,079,000,000 | 60,000,000 | -171,000,000 | 69,000,000 | 344,000,000 | 265,000,000 | 253,000,000 | 199,000,000 | ||
income tax provision | 32,000,000 | 42,000,000 | 26,000,000 | 7,000,000 | 48,000,000 | 22,000,000 | -36,000,000 | 40,000,000 | 8,000,000 | 20,000,000 | 21,000,000 | 28,000,000 | 25,000,000 | 31,000,000 | 29,000,000 | 20,000,000 | 24,000,000 | 21,000,000 | 159,000,000 | 10,000,000 | 28,000,000 | 52,000,000 | -18,000,000 | 5,000,000 | 16,000,000 | 54,000,000 | -2,000,000 | 338,000,000 | 64,000,000 | 10,000,000 | 256,000,000 | -13,000,000 | -28,000,000 | 265,000,000 | -5,000,000 | 39,000,000 | 37,000,000 | 28,000,000 | |
net income | 44,000,000 | -1,000,000 | 38,000,000 | 59,000,000 | -313,000,000 | 25,000,000 | 100,000,000 | 5,000,000 | -49,000,000 | 45,000,000 | 157,000,000 | 95,000,000 | 10,000,000 | 33,000,000 | 70,000,000 | -20,000,000 | -60,000,000 | -30,000,000 | 972,000,000 | -49,000,000 | 94,000,000 | 173,000,000 | -15,000,000 | -331,000,000 | 2,000,000 | -142,000,000 | 15,000,000 | -308,000,000 | -126,000,000 | 11,000,000 | -1,335,000,000 | 73,000,000 | -143,000,000 | -196,000,000 | 349,000,000 | 226,000,000 | 216,000,000 | 171,000,000 | |
yoy | -114.06% | -104.00% | -62.00% | 1080.00% | 538.78% | -44.44% | -36.31% | -94.74% | -590.00% | 36.36% | 124.29% | -575.00% | -116.67% | -210.00% | -92.80% | -59.18% | -163.83% | -117.34% | -6580.00% | -85.20% | 4600.00% | -221.83% | -200.00% | 7.47% | -101.59% | -1390.91% | -101.12% | -521.92% | -11.89% | -105.61% | -482.52% | -67.70% | -166.20% | -214.62% | |||||
qoq | -4500.00% | -102.63% | -35.59% | -118.85% | -1352.00% | -75.00% | 1900.00% | -110.20% | -208.89% | -71.34% | 65.26% | 850.00% | -69.70% | -52.86% | -450.00% | -66.67% | 100.00% | -103.09% | -2083.67% | -152.13% | -45.66% | -1253.33% | -95.47% | -16650.00% | -101.41% | -1046.67% | -104.87% | 144.44% | -1245.45% | -100.82% | -1928.77% | -151.05% | -27.04% | -156.16% | 54.42% | 4.63% | 26.32% | ||
net income margin % | 1.14% | -0.03% | 1.03% | 1.58% | -8.67% | 0.72% | 2.81% | 0.13% | -1.31% | 1.23% | 4.21% | 2.34% | 0.26% | 0.89% | 1.92% | -0.57% | -1.71% | -0.86% | 35.08% | -1.51% | 2.46% | 4.50% | -0.42% | -20.36% | 0.06% | -3.61% | 0.38% | -7.30% | -2.98% | 0.26% | -32.21% | 1.62% | -3.11% | -4.66% | 8.84% | 5.63% | 5.13% | 4.23% | |
income attributable to noncontrolling interests | 17,000,000 | 21,000,000 | 20,000,000 | 23,000,000 | 22,000,000 | 25,000,000 | 21,000,000 | 16,000,000 | 21,000,000 | 25,000,000 | 22,000,000 | 22,000,000 | 25,000,000 | 21,000,000 | 25,000,000 | 10,000,000 | 21,000,000 | 24,000,000 | 12,000,000 | 22,000,000 | 25,000,000 | 23,000,000 | 21,000,000 | -6,000,000 | 21,000,000 | 25,000,000 | 19,000,000 | 13,000,000 | 23,000,000 | 28,000,000 | 20,000,000 | 19,000,000 | 25,000,000 | 20,000,000 | 17,000,000 | 22,000,000 | 24,000,000 | 22,000,000 | |
net income attributable to adient | 27,000,000 | -22,000,000 | 18,000,000 | 36,000,000 | 79,000,000 | -11,000,000 | -70,000,000 | 20,000,000 | 135,000,000 | 73,000,000 | -15,000,000 | 12,000,000 | 45,000,000 | -30,000,000 | -81,000,000 | -54,000,000 | 960,000,000 | -71,000,000 | 69,000,000 | 150,000,000 | -36,000,000 | -325,000,000 | -19,000,000 | -167,000,000 | -4,000,000 | -321,000,000 | -149,000,000 | -17,000,000 | -1,355,000,000 | 54,000,000 | -168,000,000 | -216,000,000 | 332,000,000 | 204,000,000 | 192,000,000 | 149,000,000 | |||
earnings per share: | |||||||||||||||||||||||||||||||||||||||
basic | 0.34 | -0.28 | 0.17 | 0.43 | 0.87 | -0.12 | -0.77 | 0.22 | 1.43 | 0.78 | -0.16 | 0.13 | 0.47 | -0.32 | -0.85 | -0.57 | 10.19 | -0.75 | 0.73 | 1.6 | -0.38 | -3.46 | -0.2 | -1.78 | -0.04 | -3.43 | -1.59 | -0.18 | -14.52 | 0.58 | -1.8 | -2.32 | 3.56 | 2.18 | 2.05 | 1.59 | |||
diluted | 0.34 | -0.28 | 0.17 | 0.43 | 0.87 | -0.12 | -0.77 | 0.21 | 1.42 | 0.77 | -0.16 | 0.13 | 0.47 | -0.32 | -0.85 | -0.57 | 10.03 | -0.75 | 0.72 | 1.58 | -0.38 | -3.46 | -0.2 | -1.78 | -0.04 | -3.43 | -1.59 | -0.18 | -14.52 | 0.58 | -1.8 | -2.32 | 3.54 | 2.17 | 2.04 | 1.59 | |||
shares used in computing earnings per share: | |||||||||||||||||||||||||||||||||||||||
basic | 78.4 | 78.7 | -0.9 | 83.5 | 84 | 84.4 | -1.2 | 88.6 | 90.5 | 92.9 | -0.3 | 94.1 | 95.3 | 95.1 | 0.1 | 94.8 | 94.8 | 94.6 | 0.1 | 94.2 | 94.2 | 94 | 93.9 | 93.8 | 93.7 | 0.1 | 93.6 | 93.5 | 93.5 | 93.4 | 93.4 | 93.2 | -0.1 | 93.4 | 93.7 | 93.7 | |||
diluted | 79.3 | 78.7 | -0.9 | 83.7 | 84 | 84.7 | -0.6 | 88.6 | 90.5 | 93.6 | -0.2 | 94.9 | 95.3 | 95.9 | 0.1 | 94.8 | 94.8 | 94.6 | 0.1 | 94.2 | 96 | 94.8 | 93.9 | 93.8 | 93.7 | 0.1 | 93.6 | 93.5 | 93.5 | 93.7 | 93.4 | 93.2 | -0.1 | 93.9 | 94.1 | 93.9 | |||
net loss attributable to adient | -335,000,000 | ||||||||||||||||||||||||||||||||||||||
loss per share: | |||||||||||||||||||||||||||||||||||||||
basic | -3.99 | ||||||||||||||||||||||||||||||||||||||
diluted | -3.99 | ||||||||||||||||||||||||||||||||||||||
loss on business divestitures - net | -12,000,000 | 25,000,000 | |||||||||||||||||||||||||||||||||||||
cash dividends declared per share | 0.275 | 0.275 | 0.275 | 0.275 | 0.55 | 0.275 |
Balance Sheets:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 | 2016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
assets | |||||||||||||||||||||||||||||||||||||||
cash and cash equivalents | 831,000,000 | 855,000,000 | 958,000,000 | 860,000,000 | 754,000,000 | 860,000,000 | 945,000,000 | 890,000,000 | 905,000,000 | 990,000,000 | 1,110,000,000 | 908,000,000 | 826,000,000 | 901,000,000 | 947,000,000 | 892,000,000 | 1,118,000,000 | 2,080,000,000 | 1,521,000,000 | 1,000,000,000 | 984,000,000 | 1,820,000,000 | 1,692,000,000 | 1,032,000,000 | 1,640,000,000 | 965,000,000 | 924,000,000 | 1,025,000,000 | 491,000,000 | 406,000,000 | 687,000,000 | 378,000,000 | 353,000,000 | 390,000,000 | 709,000,000 | 669,000,000 | 729,000,000 | 709,000,000 | 105,000,000 |
accounts receivable - net | 2,032,000,000 | 1,638,000,000 | 1,826,000,000 | 1,887,000,000 | 1,415,000,000 | 1,825,000,000 | 1,896,000,000 | 1,661,000,000 | 2,074,000,000 | 2,031,000,000 | 1,755,000,000 | 1,761,000,000 | 1,742,000,000 | 1,597,000,000 | 1,451,000,000 | 1,757,000,000 | 1,432,000,000 | 1,161,000,000 | 1,344,000,000 | 1,522,000,000 | 1,853,000,000 | 1,976,000,000 | 1,766,000,000 | 2,234,000,000 | 2,580,000,000 | 2,074,000,000 | 2,015,000,000 | 2,197,000,000 | 1,823,000,000 | ||||||||||
inventories | 735,000,000 | 760,000,000 | 695,000,000 | 726,000,000 | 719,000,000 | 721,000,000 | 758,000,000 | 775,000,000 | 791,000,000 | 833,000,000 | 841,000,000 | 877,000,000 | 919,000,000 | 972,000,000 | 953,000,000 | 953,000,000 | 998,000,000 | 942,000,000 | 976,000,000 | 850,000,000 | 756,000,000 | 711,000,000 | 685,000,000 | 737,000,000 | 775,000,000 | 772,000,000 | 793,000,000 | 783,000,000 | 828,000,000 | 839,000,000 | 824,000,000 | 774,000,000 | 781,000,000 | 762,000,000 | 735,000,000 | 654,000,000 | 645,000,000 | 635,000,000 | 660,000,000 |
other current assets | 649,000,000 | 663,000,000 | 607,000,000 | 610,000,000 | 532,000,000 | 523,000,000 | 487,000,000 | 509,000,000 | 533,000,000 | 590,000,000 | 491,000,000 | 547,000,000 | 493,000,000 | 459,000,000 | 411,000,000 | 456,000,000 | 459,000,000 | 472,000,000 | 1,114,000,000 | 758,000,000 | 537,000,000 | 476,000,000 | 421,000,000 | 498,000,000 | 477,000,000 | 540,000,000 | 494,000,000 | 592,000,000 | 631,000,000 | 657,000,000 | 707,000,000 | 786,000,000 | 882,000,000 | 851,000,000 | 831,000,000 | 833,000,000 | 869,000,000 | 823,000,000 | 810,000,000 |
current assets | 4,247,000,000 | 3,916,000,000 | 4,133,000,000 | 4,022,000,000 | 3,892,000,000 | 3,519,000,000 | 4,086,000,000 | 3,999,000,000 | 4,125,000,000 | 4,074,000,000 | 4,316,000,000 | 4,406,000,000 | 4,269,000,000 | 4,087,000,000 | 4,163,000,000 | 4,062,000,000 | 4,317,000,000 | 5,091,000,000 | 5,086,000,000 | 4,114,000,000 | 4,090,000,000 | 4,496,000,000 | 4,482,000,000 | 3,459,000,000 | 4,276,000,000 | 3,799,000,000 | 4,116,000,000 | 4,253,000,000 | 3,926,000,000 | 3,668,000,000 | 4,309,000,000 | 4,172,000,000 | 4,596,000,000 | 4,077,000,000 | 4,499,000,000 | 4,171,000,000 | 4,440,000,000 | 3,990,000,000 | 5,691,000,000 |
property, plant and equipment - net | 1,384,000,000 | 1,401,000,000 | 1,409,000,000 | 1,389,000,000 | 1,344,000,000 | 1,334,000,000 | 1,410,000,000 | 1,365,000,000 | 1,371,000,000 | 1,401,000,000 | 1,382,000,000 | 1,397,000,000 | 1,416,000,000 | 1,419,000,000 | 1,377,000,000 | 1,443,000,000 | 1,523,000,000 | 1,558,000,000 | 1,607,000,000 | 1,549,000,000 | 1,551,000,000 | 1,606,000,000 | 1,581,000,000 | 1,592,000,000 | 1,591,000,000 | 1,690,000,000 | 1,671,000,000 | 1,687,000,000 | 1,641,000,000 | 1,695,000,000 | 1,683,000,000 | 2,402,000,000 | 2,611,000,000 | 2,546,000,000 | 2,502,000,000 | 2,302,000,000 | 2,188,000,000 | 2,138,000,000 | 2,195,000,000 |
goodwill | 1,798,000,000 | 1,812,000,000 | 1,807,000,000 | 1,804,000,000 | 1,784,000,000 | 2,091,000,000 | 2,164,000,000 | 2,085,000,000 | 2,099,000,000 | 2,138,000,000 | 2,094,000,000 | 2,115,000,000 | 2,135,000,000 | 2,128,000,000 | 2,057,000,000 | 2,122,000,000 | 2,198,000,000 | 2,209,000,000 | 2,212,000,000 | 2,069,000,000 | 2,059,000,000 | 2,109,000,000 | 2,057,000,000 | 2,039,000,000 | 2,018,000,000 | 2,157,000,000 | 2,150,000,000 | 2,182,000,000 | 2,165,000,000 | 2,175,000,000 | 2,182,000,000 | 2,216,000,000 | 2,293,000,000 | 2,545,000,000 | 2,515,000,000 | 2,190,000,000 | 2,114,000,000 | 2,082,000,000 | 2,179,000,000 |
other intangible assets - net | 305,000,000 | 313,000,000 | 319,000,000 | 329,000,000 | 336,000,000 | 344,000,000 | 371,000,000 | 369,000,000 | 382,000,000 | 401,000,000 | 408,000,000 | 421,000,000 | 455,000,000 | 463,000,000 | 467,000,000 | 504,000,000 | 537,000,000 | 549,000,000 | 555,000,000 | 428,000,000 | 432,000,000 | 445,000,000 | 443,000,000 | 350,000,000 | 381,000,000 | 395,000,000 | 405,000,000 | 426,000,000 | 441,000,000 | 449,000,000 | 460,000,000 | 501,000,000 | 534,000,000 | 533,000,000 | 543,000,000 | 102,000,000 | 100,000,000 | 102,000,000 | 113,000,000 |
investments in partially-owned affiliates | 301,000,000 | 312,000,000 | 276,000,000 | 294,000,000 | 293,000,000 | 318,000,000 | 338,000,000 | 328,000,000 | 330,000,000 | 322,000,000 | 303,000,000 | 296,000,000 | 311,000,000 | 306,000,000 | 286,000,000 | 348,000,000 | 376,000,000 | 367,000,000 | 335,000,000 | 616,000,000 | 848,000,000 | 838,000,000 | 707,000,000 | 1,090,000,000 | 1,279,000,000 | 1,321,000,000 | 1,399,000,000 | 1,407,000,000 | 1,544,000,000 | 1,489,000,000 | 1,407,000,000 | 1,764,000,000 | 2,012,000,000 | 1,924,000,000 | 1,793,000,000 | 1,967,000,000 | 1,852,000,000 | 1,765,000,000 | 1,748,000,000 |
assets held for sale | 12,000,000 | 12,000,000 | 9,000,000 | 13,000,000 | 7,000,000 | 7,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 7,000,000 | 7,000,000 | 5,000,000 | 5,000,000 | 49,000,000 | 55,000,000 | 56,000,000 | 57,000,000 | 43,000,000 | 31,000,000 | 40,000,000 | 37,000,000 | 66,000,000 | ||||||||||||||||
other noncurrent assets | 985,000,000 | 1,008,000,000 | 1,001,000,000 | 985,000,000 | 933,000,000 | 920,000,000 | 974,000,000 | 941,000,000 | 963,000,000 | 954,000,000 | 914,000,000 | 840,000,000 | 888,000,000 | 865,000,000 | 797,000,000 | 829,000,000 | 894,000,000 | 935,000,000 | 958,000,000 | 1,004,000,000 | 969,000,000 | 1,023,000,000 | 964,000,000 | 924,000,000 | 944,000,000 | 1,002,000,000 | 601,000,000 | 619,000,000 | 857,000,000 | 882,000,000 | 864,000,000 | 1,217,000,000 | 1,043,000,000 | 1,018,000,000 | 1,318,000,000 | 1,328,000,000 | 1,225,000,000 | 1,180,000,000 | 1,107,000,000 |
total assets | 9,032,000,000 | 8,774,000,000 | 8,954,000,000 | 8,836,000,000 | 8,589,000,000 | 8,533,000,000 | 9,351,000,000 | 9,095,000,000 | 9,278,000,000 | 9,297,000,000 | 9,424,000,000 | 9,482,000,000 | 9,479,000,000 | 9,273,000,000 | 9,158,000,000 | 9,315,000,000 | 9,854,000,000 | 10,719,000,000 | 10,778,000,000 | 9,804,000,000 | 9,975,000,000 | 10,544,000,000 | 10,261,000,000 | 9,619,000,000 | 10,646,000,000 | 10,364,000,000 | 10,342,000,000 | 10,574,000,000 | 10,574,000,000 | 10,358,000,000 | 10,942,000,000 | 12,338,000,000 | 13,089,000,000 | 12,643,000,000 | 13,170,000,000 | 12,060,000,000 | 11,919,000,000 | 11,257,000,000 | 13,033,000,000 |
liabilities and shareholders' equity | |||||||||||||||||||||||||||||||||||||||
short-term debt | 2,000,000 | 2,000,000 | 2,000,000 | 1,000,000 | 3,000,000 | 7,000,000 | 2,000,000 | 1,000,000 | 1,000,000 | 2,000,000 | 3,000,000 | 9,000,000 | 9,000,000 | 11,000,000 | 17,000,000 | 45,000,000 | 14,000,000 | 11,000,000 | 202,000,000 | 372,000,000 | 838,000,000 | 6,000,000 | 22,000,000 | 7,000,000 | 9,000,000 | 8,000,000 | 6,000,000 | 15,000,000 | 173,000,000 | 38,000,000 | 36,000,000 | 6,000,000 | 19,000,000 | 48,000,000 | 41,000,000 | ||||
current portion of long-term debt | 9,000,000 | 9,000,000 | 9,000,000 | 9,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 139,000,000 | 134,000,000 | 137,000,000 | 132,000,000 | 1,000,000 | 1,000,000 | 11,000,000 | 11,000,000 | 11,000,000 | 161,000,000 | 163,000,000 | 167,000,000 | 170,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 8,000,000 | 1,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 2,000,000 | 56,000,000 | 38,000,000 | ||
accounts payable | 2,762,000,000 | 2,533,000,000 | 2,549,000,000 | 2,518,000,000 | 2,472,000,000 | 2,244,000,000 | 2,552,000,000 | 2,462,000,000 | 2,512,000,000 | 2,422,000,000 | 2,526,000,000 | 2,646,000,000 | 2,677,000,000 | 2,422,000,000 | 2,478,000,000 | 2,361,000,000 | 2,468,000,000 | 2,284,000,000 | 2,130,000,000 | 2,094,000,000 | 2,378,000,000 | 2,228,000,000 | 2,179,000,000 | 1,465,000,000 | 2,203,000,000 | 2,511,000,000 | 2,709,000,000 | 2,751,000,000 | 2,880,000,000 | 2,590,000,000 | 3,101,000,000 | 2,851,000,000 | 3,106,000,000 | 2,768,000,000 | 2,958,000,000 | 2,498,000,000 | 2,733,000,000 | 2,410,000,000 | 2,776,000,000 |
accrued compensation and benefits | 351,000,000 | 317,000,000 | 393,000,000 | 380,000,000 | 327,000,000 | 280,000,000 | 358,000,000 | 352,000,000 | 344,000,000 | 329,000,000 | 400,000,000 | 383,000,000 | 350,000,000 | 314,000,000 | 340,000,000 | 336,000,000 | 331,000,000 | 315,000,000 | 389,000,000 | 400,000,000 | 376,000,000 | 352,000,000 | 374,000,000 | 333,000,000 | 287,000,000 | 305,000,000 | 364,000,000 | 390,000,000 | 387,000,000 | 316,000,000 | 331,000,000 | 324,000,000 | 365,000,000 | 328,000,000 | 444,000,000 | 420,000,000 | 347,000,000 | 318,000,000 | 430,000,000 |
other current liabilities | 748,000,000 | 731,000,000 | 734,000,000 | 691,000,000 | 700,000,000 | 719,000,000 | 759,000,000 | 730,000,000 | 668,000,000 | 599,000,000 | 627,000,000 | 639,000,000 | 589,000,000 | 624,000,000 | 609,000,000 | 600,000,000 | 616,000,000 | 883,000,000 | 677,000,000 | 727,000,000 | 675,000,000 | 732,000,000 | 773,000,000 | 738,000,000 | 705,000,000 | 744,000,000 | 609,000,000 | 666,000,000 | 587,000,000 | 609,000,000 | 611,000,000 | 690,000,000 | 615,000,000 | 652,000,000 | 652,000,000 | 695,000,000 | 717,000,000 | 707,000,000 | 624,000,000 |
current liabilities | 3,870,000,000 | 3,592,000,000 | 3,687,000,000 | 3,598,000,000 | 3,509,000,000 | 3,251,000,000 | 3,678,000,000 | 3,686,000,000 | 3,658,000,000 | 3,548,000,000 | 3,738,000,000 | 3,720,000,000 | 3,671,000,000 | 3,418,000,000 | 3,501,000,000 | 3,387,000,000 | 3,658,000,000 | 3,742,000,000 | 3,511,000,000 | 3,631,000,000 | 3,661,000,000 | 3,584,000,000 | 3,819,000,000 | 3,083,000,000 | 4,223,000,000 | 3,683,000,000 | 3,835,000,000 | 3,963,000,000 | 4,004,000,000 | 3,675,000,000 | 4,192,000,000 | 4,025,000,000 | 4,435,000,000 | 3,993,000,000 | 4,328,000,000 | 3,832,000,000 | 4,087,000,000 | 3,830,000,000 | 4,260,000,000 |
long-term debt | 2,379,000,000 | 2,380,000,000 | 2,386,000,000 | 2,385,000,000 | 2,386,000,000 | 2,394,000,000 | 2,396,000,000 | 2,395,000,000 | 2,401,000,000 | 2,403,000,000 | 2,401,000,000 | 2,532,000,000 | 2,531,000,000 | 2,627,000,000 | 2,564,000,000 | 2,707,000,000 | 2,766,000,000 | 3,482,000,000 | 3,512,000,000 | 3,542,000,000 | 3,646,000,000 | 4,342,000,000 | 4,097,000,000 | 4,147,000,000 | 3,717,000,000 | 3,740,000,000 | 3,708,000,000 | 3,762,000,000 | 3,373,000,000 | 3,399,000,000 | 3,422,000,000 | 3,422,000,000 | 3,503,000,000 | 3,461,000,000 | 3,440,000,000 | 3,393,000,000 | 3,333,000,000 | 3,357,000,000 | 3,485,000,000 |
pension and postretirement benefits | 108,000,000 | 112,000,000 | 104,000,000 | 97,000,000 | 96,000,000 | 90,000,000 | 93,000,000 | 95,000,000 | 91,000,000 | 91,000,000 | 90,000,000 | 88,000,000 | 110,000,000 | 121,000,000 | 125,000,000 | 128,000,000 | 134,000,000 | 135,000,000 | 143,000,000 | 145,000,000 | 130,000,000 | 130,000,000 | 146,000,000 | 151,000,000 | 119,000,000 | 114,000,000 | 119,000,000 | 124,000,000 | 134,000,000 | 142,000,000 | 138,000,000 | 129,000,000 | 173,000,000 | 172,000,000 | 170,000,000 | 188,000,000 | |||
other noncurrent liabilities | 587,000,000 | 593,000,000 | 611,000,000 | 589,000,000 | 577,000,000 | 569,000,000 | 638,000,000 | 639,000,000 | 666,000,000 | 578,000,000 | 590,000,000 | 597,000,000 | 599,000,000 | 584,000,000 | 585,000,000 | 613,000,000 | 636,000,000 | 650,000,000 | 669,000,000 | 642,000,000 | 647,000,000 | 636,000,000 | 622,000,000 | 635,000,000 | 648,000,000 | 673,000,000 | 408,000,000 | 404,000,000 | 416,000,000 | 414,000,000 | 440,000,000 | 563,000,000 | 575,000,000 | 593,000,000 | 653,000,000 | 566,000,000 | 498,000,000 | 471,000,000 | 725,000,000 |
long-term liabilities | 3,074,000,000 | 3,085,000,000 | 3,109,000,000 | 3,078,000,000 | 3,060,000,000 | 3,059,000,000 | 3,139,000,000 | 3,124,000,000 | 3,160,000,000 | 3,076,000,000 | 3,083,000,000 | 3,220,000,000 | 3,221,000,000 | 3,301,000,000 | 3,237,000,000 | 3,430,000,000 | 3,523,000,000 | 4,257,000,000 | 4,309,000,000 | 4,318,000,000 | 4,428,000,000 | 5,121,000,000 | 4,864,000,000 | 4,922,000,000 | 4,505,000,000 | 4,559,000,000 | 4,267,000,000 | 4,285,000,000 | 3,903,000,000 | 3,932,000,000 | 3,986,000,000 | 4,119,000,000 | 4,220,000,000 | 4,192,000,000 | 4,222,000,000 | 4,132,000,000 | 4,003,000,000 | 3,998,000,000 | 4,398,000,000 |
commitments and contingencies | |||||||||||||||||||||||||||||||||||||||
redeemable noncontrolling interests | 71,000,000 | 68,000,000 | 95,000,000 | 86,000,000 | 71,000,000 | 62,000,000 | 91,000,000 | 63,000,000 | 58,000,000 | 57,000,000 | 57,000,000 | 57,000,000 | 55,000,000 | 45,000,000 | 45,000,000 | 45,000,000 | 48,000,000 | 41,000,000 | 240,000,000 | 48,000,000 | 44,000,000 | 42,000,000 | 43,000,000 | 42,000,000 | 35,000,000 | 38,000,000 | 51,000,000 | 45,000,000 | 37,000,000 | 27,000,000 | 47,000,000 | 41,000,000 | 39,000,000 | 29,000,000 | 28,000,000 | 22,000,000 | 46,000,000 | 38,000,000 | 34,000,000 |
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2026 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 78,413,387 shares issued and outstanding at march 31, 2026 | |||||||||||||||||||||||||||||||||||||||
additional paid-in capital | 3,586,000,000 | 3,579,000,000 | 3,602,000,000 | 3,643,000,000 | 3,686,000,000 | 3,682,000,000 | 3,712,000,000 | 3,760,000,000 | 3,830,000,000 | 3,872,000,000 | 3,973,000,000 | 3,966,000,000 | 3,995,000,000 | 4,018,000,000 | 4,026,000,000 | 4,018,000,000 | 4,008,000,000 | 3,998,000,000 | 3,991,000,000 | 3,993,000,000 | 3,985,000,000 | 3,980,000,000 | 3,974,000,000 | 3,968,000,000 | 3,966,000,000 | 3,963,000,000 | 3,962,000,000 | 3,959,000,000 | 3,956,000,000 | 3,954,000,000 | 3,951,000,000 | 3,960,000,000 | 3,955,000,000 | 3,952,000,000 | 3,942,000,000 | 3,966,000,000 | 4,008,000,000 | 3,899,000,000 | |
accumulated deficit | -1,161,000,000 | -1,188,000,000 | -1,184,000,000 | -1,220,000,000 | -885,000,000 | -964,000,000 | -953,000,000 | -883,000,000 | -1,038,000,000 | -1,111,000,000 | -1,096,000,000 | -1,153,000,000 | -1,123,000,000 | -1,042,000,000 | -1,948,000,000 | -1,877,000,000 | -1,946,000,000 | -2,060,000,000 | -1,735,000,000 | -1,716,000,000 | |||||||||||||||||||
accumulated other comprehensive loss | -712,000,000 | -656,000,000 | -674,000,000 | -814,000,000 | -276,000,000 | ||||||||||||||||||||||||||||||||||
shareholders' equity attributable to adient | 1,713,000,000 | 1,735,000,000 | 1,766,000,000 | 1,785,000,000 | 1,652,000,000 | 1,877,000,000 | 2,134,000,000 | 1,927,000,000 | 2,075,000,000 | 2,285,000,000 | 2,228,000,000 | 2,174,000,000 | 2,197,000,000 | 2,192,000,000 | 2,073,000,000 | 2,123,000,000 | 2,285,000,000 | 2,344,000,000 | 2,376,000,000 | 1,467,000,000 | 1,489,000,000 | 1,452,000,000 | 1,213,000,000 | 1,250,000,000 | 1,541,000,000 | 1,743,000,000 | 1,848,000,000 | 1,919,000,000 | 2,257,000,000 | 2,366,000,000 | 2,392,000,000 | 3,840,000,000 | 4,069,000,000 | 4,108,000,000 | 4,279,000,000 | 3,927,000,000 | 3,632,000,000 | 3,258,000,000 | |
noncontrolling interests | 304,000,000 | 294,000,000 | 297,000,000 | 289,000,000 | 297,000,000 | 284,000,000 | 309,000,000 | 295,000,000 | 327,000,000 | 331,000,000 | 318,000,000 | 311,000,000 | 335,000,000 | 317,000,000 | 302,000,000 | 330,000,000 | 340,000,000 | 335,000,000 | 342,000,000 | 340,000,000 | 353,000,000 | 345,000,000 | 322,000,000 | 322,000,000 | 342,000,000 | 341,000,000 | 341,000,000 | 362,000,000 | 373,000,000 | 358,000,000 | 325,000,000 | 313,000,000 | 326,000,000 | 321,000,000 | 313,000,000 | 147,000,000 | 151,000,000 | 133,000,000 | 131,000,000 |
total shareholders' equity | 2,017,000,000 | 2,029,000,000 | 2,063,000,000 | 2,074,000,000 | 1,949,000,000 | 2,161,000,000 | 2,443,000,000 | 2,222,000,000 | 2,402,000,000 | 2,616,000,000 | 2,546,000,000 | 2,485,000,000 | 2,532,000,000 | 2,509,000,000 | 2,375,000,000 | 2,453,000,000 | 2,625,000,000 | 2,679,000,000 | 2,718,000,000 | 1,807,000,000 | 1,842,000,000 | 1,797,000,000 | 1,535,000,000 | 1,572,000,000 | 1,883,000,000 | 2,084,000,000 | 2,189,000,000 | 2,281,000,000 | 2,630,000,000 | 2,724,000,000 | 2,717,000,000 | 4,153,000,000 | 4,395,000,000 | 4,429,000,000 | 4,592,000,000 | 4,074,000,000 | 3,783,000,000 | 3,391,000,000 | |
total liabilities and shareholders' equity | 9,032,000,000 | 8,774,000,000 | 8,954,000,000 | 8,836,000,000 | 8,589,000,000 | 8,533,000,000 | 9,351,000,000 | 9,095,000,000 | 9,278,000,000 | 9,297,000,000 | 9,424,000,000 | 9,482,000,000 | 9,479,000,000 | 9,273,000,000 | 9,158,000,000 | 9,315,000,000 | 9,854,000,000 | 10,719,000,000 | 10,778,000,000 | 9,804,000,000 | 9,975,000,000 | 10,544,000,000 | 10,261,000,000 | 9,619,000,000 | 10,646,000,000 | 10,364,000,000 | 10,342,000,000 | 10,574,000,000 | 10,574,000,000 | 10,358,000,000 | 10,942,000,000 | 12,338,000,000 | 13,089,000,000 | 12,643,000,000 | 13,170,000,000 | 12,060,000,000 | 11,919,000,000 | 11,257,000,000 | |
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2025 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 78,329,803 shares issued and outstanding at december 31, 2025 | |||||||||||||||||||||||||||||||||||||||
accounts receivable, less allowances | 1,873,000,000 | 1,896,000,000 | |||||||||||||||||||||||||||||||||||||
pension benefits | 112,000,000 | 105,000,000 | 92,000,000 | ||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2025 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized79,151,497 shares issued and outstanding at september 30, 2025 | |||||||||||||||||||||||||||||||||||||||
retained earnings | -1,166,000,000 | -885,000,000 | -903,000,000 | -1,108,000,000 | -988,000,000 | -2,096,000,000 | -1,545,000,000 | -1,541,000,000 | -1,220,000,000 | -1,070,000,000 | -1,028,000,000 | 327,000,000 | 299,000,000 | 492,000,000 | 734,000,000 | 454,000,000 | 250,000,000 | 84,000,000 | |||||||||||||||||||||
accumulated other comprehensive income | -670,000,000 | -920,000,000 | -693,000,000 | -869,000,000 | -802,000,000 | -704,000,000 | -842,000,000 | -754,000,000 | -687,000,000 | -730,000,000 | -845,000,000 | -742,000,000 | -600,000,000 | -612,000,000 | -627,000,000 | -578,000,000 | -619,000,000 | -582,000,000 | -665,000,000 | -658,000,000 | -690,000,000 | -504,000,000 | -569,000,000 | -499,000,000 | -479,000,000 | -518,000,000 | -531,000,000 | -447,000,000 | -185,000,000 | -336,000,000 | -397,000,000 | -493,000,000 | -626,000,000 | -725,000,000 | |||||
liabilities held for sale | 16,000,000 | 60,000,000 | 60,000,000 | 59,000,000 | 46,000,000 | 26,000,000 | 36,000,000 | ||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at june 30, 2025 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 81,245,928 shares issued and outstanding at june 30, 2025 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2025 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 84,016,644 shares issued and outstanding at march 31, 2025 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2024 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 83,927,513 shares issued and outstanding at december 31, 2024 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2024 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized84,866,763 shares issued and outstanding at september 30, 2024 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at june 30, 2024 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 87,189,933 shares issued and outstanding at june 30, 2024 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2024 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 89,823,637 shares issued and outstanding at march 31, 2024 | |||||||||||||||||||||||||||||||||||||||
restructuring reserve | 54,000,000 | 51,000,000 | 50,000,000 | 53,000,000 | 45,000,000 | 60,000,000 | 70,000,000 | 73,000,000 | 86,000,000 | 115,000,000 | 135,000,000 | 150,000,000 | 194,000,000 | 237,000,000 | 141,000,000 | 146,000,000 | 109,000,000 | 123,000,000 | 141,000,000 | 140,000,000 | 150,000,000 | 141,000,000 | 143,000,000 | 174,000,000 | 205,000,000 | 236,000,000 | 213,000,000 | 271,000,000 | 291,000,000 | 351,000,000 | |||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2023 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 91,245,859 shares issued and outstanding at december 31, 2023 | |||||||||||||||||||||||||||||||||||||||
accounts receivables | 1,874,000,000 | 1,852,000,000 | 1,426,000,000 | 1,641,000,000 | 1,905,000,000 | 2,091,000,000 | 2,224,000,000 | 2,082,000,000 | |||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2023 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized93,697,704 shares issued and outstanding at september 30, 2023 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at june 30, 2023 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 93,656,684 shares issued and outstanding at june 30, 2023 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2023 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,701,693 shares issued and outstanding at march 31, 2023 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2022 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 95,385,075 shares issued and outstanding at december 31, 2022 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2022 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized94,858,156 shares issued and outstanding at september 30, 2022 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at june 30, 2022 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,813,661 shares issued and outstanding at june 30, 2022 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2022 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,811,378 shares issued and outstanding at march 31, 2022 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2021 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,766,379 shares issued and outstanding at december 31, 2021 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2021 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized94,378,004 shares issued and outstanding at september 30, 2021 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at june 30, 2021 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,217,748 shares issued and outstanding at june 30, 2021 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2021 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,208,305 shares issued and outstanding at march 31, 2021 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2020 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 94,041,202 shares issued and outstanding at december 31, 2020 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2020 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized93,893,569 shares issued and outstanding at september 30, 2020 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at june 30, 2020 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 93,884,381 shares issued and outstanding at june 30, 2020 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at march 31, 2020 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 93,878,959 shares issued and outstanding at march 31, 2020 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized,zero shares issued and outstanding at december 31, 2019 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized, 93,793,433 shares issued and outstanding at december 31, 2019 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorizedzero shares issued and outstanding at september 30, 2019 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized93,620,714 shares issued and outstanding at september 30, 2019 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at june 30, 2019 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,620,714 shares issued and outstanding at june 30, 2019 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at march 31, 2019 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,610,056 shares issued and outstanding at march 31, 2019 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at december 31, 2018 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,518,237 shares issued and outstanding at december 31, 2018 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at september 30, 2018 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,395,662 shares issued and outstanding at september 30, 2018 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at june 30, 2018 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,371,798 shares issued and outstanding at june 30, 2018 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at march 31, 2018 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,370,292 shares issued and outstanding at march 31, 2018 | |||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at december 31, 2017 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,334,571 shares issued and outstanding at december 31, 2017 | |||||||||||||||||||||||||||||||||||||||
restricted cash | 2,034,000,000 | ||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at september 30, 2017 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,142,283 shares issued and outstanding at september 30, 2017 | |||||||||||||||||||||||||||||||||||||||
parent's net investment | 4,486,000,000 | ||||||||||||||||||||||||||||||||||||||
preferred shares issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at june 30, 2017 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,126,722 shares issued and outstanding at june 30, 2017 | |||||||||||||||||||||||||||||||||||||||
preferred stock issued, par value 0.001; 100,000,000 shares authorized zero shares issued and outstanding at march 31, 2017 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,704,969 shares issued and 93,696,954 shares outstanding at march 31, 2017 | |||||||||||||||||||||||||||||||||||||||
preferred stock issued, par value 0.001; 100,000,000 shares authorized 0 shares issued and outstanding at december 31, 2016 | |||||||||||||||||||||||||||||||||||||||
ordinary shares issued, par value 0.001; 500,000,000 shares authorized 93,693,424 shares issued and 93,685,409 shares outstanding at december 31, 2016 | |||||||||||||||||||||||||||||||||||||||
liabilities and invested equity | |||||||||||||||||||||||||||||||||||||||
invested equity attributable to adient | 4,210,000,000 | ||||||||||||||||||||||||||||||||||||||
total invested equity | 4,341,000,000 | ||||||||||||||||||||||||||||||||||||||
total liabilities and invested equity | 13,033,000,000 | ||||||||||||||||||||||||||||||||||||||
operating activities | |||||||||||||||||||||||||||||||||||||||
net income attributable to adient | -1,533,000,000 | ||||||||||||||||||||||||||||||||||||||
income attributable to noncontrolling interests | 84,000,000 | ||||||||||||||||||||||||||||||||||||||
net income | -1,449,000,000 | ||||||||||||||||||||||||||||||||||||||
adjustments to reconcile net income to cash provided (used) by operating activities: | |||||||||||||||||||||||||||||||||||||||
depreciation | 327,000,000 | ||||||||||||||||||||||||||||||||||||||
amortization of intangibles | 17,000,000 | ||||||||||||||||||||||||||||||||||||||
pension and postretirement benefit expense | 113,000,000 | ||||||||||||||||||||||||||||||||||||||
pension and postretirement contributions | -35,000,000 | ||||||||||||||||||||||||||||||||||||||
equity in earnings of partially-owned affiliates, net of dividends received | -158,000,000 | ||||||||||||||||||||||||||||||||||||||
deferred income taxes | -572,000,000 | ||||||||||||||||||||||||||||||||||||||
non-cash restructuring and impairment charges | 87,000,000 | ||||||||||||||||||||||||||||||||||||||
gain on divestitures - net | |||||||||||||||||||||||||||||||||||||||
equity-based compensation | 28,000,000 | ||||||||||||||||||||||||||||||||||||||
other | -11,000,000 | ||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | |||||||||||||||||||||||||||||||||||||||
receivables | 83,000,000 | ||||||||||||||||||||||||||||||||||||||
other assets | 22,000,000 | ||||||||||||||||||||||||||||||||||||||
restructuring reserves | 73,000,000 | ||||||||||||||||||||||||||||||||||||||
accounts payable and accrued liabilities | 57,000,000 | ||||||||||||||||||||||||||||||||||||||
accrued income taxes | 335,000,000 | ||||||||||||||||||||||||||||||||||||||
cash provided (used) by operating activities | -1,034,000,000 | ||||||||||||||||||||||||||||||||||||||
investing activities | |||||||||||||||||||||||||||||||||||||||
capital expenditures | -437,000,000 | ||||||||||||||||||||||||||||||||||||||
sale of property, plant and equipment | 16,000,000 | ||||||||||||||||||||||||||||||||||||||
acquisition of businesses, net of cash acquired | |||||||||||||||||||||||||||||||||||||||
business divestitures | 18,000,000 | ||||||||||||||||||||||||||||||||||||||
changes in long-term investments | -24,000,000 | ||||||||||||||||||||||||||||||||||||||
cash used by investing activities | -425,000,000 | ||||||||||||||||||||||||||||||||||||||
financing activities | |||||||||||||||||||||||||||||||||||||||
net transfers from (to) parent | 117,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in short-term debt | 25,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in long-term debt | 1,501,000,000 | ||||||||||||||||||||||||||||||||||||||
repayment of long-term debt | -39,000,000 | ||||||||||||||||||||||||||||||||||||||
earnout payment from previous acquisition | |||||||||||||||||||||||||||||||||||||||
cash paid to acquire a noncontrolling interest | |||||||||||||||||||||||||||||||||||||||
dividends paid to noncontrolling interests | -88,000,000 | ||||||||||||||||||||||||||||||||||||||
cash provided (used) by financing activities | 1,516,000,000 | ||||||||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | 4,000,000 | ||||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents | 61,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 44,000,000 | ||||||||||||||||||||||||||||||||||||||
cash and cash equivalents at end of period | 105,000,000 |
Cashflow Statements:
Quarterly
Annual
| Unit: USD | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-12-31 | 2024-09-30 | 2024-06-30 | 2024-03-31 | 2023-12-31 | 2023-09-30 | 2023-06-30 | 2023-03-31 | 2022-12-31 | 2022-09-30 | 2022-06-30 | 2022-03-31 | 2021-12-31 | 2021-09-30 | 2021-06-30 | 2021-03-31 | 2020-12-31 | 2020-09-30 | 2020-06-30 | 2020-03-31 | 2019-12-31 | 2019-09-30 | 2019-06-30 | 2019-03-31 | 2018-12-31 | 2018-09-30 | 2018-06-30 | 2018-03-31 | 2017-12-31 | 2017-09-30 | 2017-06-30 | 2017-03-31 | 2016-12-31 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
operating activities | ||||||||||||||||||||||||||||||||||||||
net income attributable to adient | 79,000,000 | -11,000,000 | -70,000,000 | 20,000,000 | 135,000,000 | 73,000,000 | -15,000,000 | 12,000,000 | 45,000,000 | -30,000,000 | -81,000,000 | -54,000,000 | 960,000,000 | -71,000,000 | 69,000,000 | 150,000,000 | -36,000,000 | -325,000,000 | -19,000,000 | -167,000,000 | -4,000,000 | -321,000,000 | -149,000,000 | -17,000,000 | -1,355,000,000 | 54,000,000 | -168,000,000 | -216,000,000 | 332,000,000 | 204,000,000 | 192,000,000 | 149,000,000 | ||||||
income attributable to noncontrolling interests | 17,000,000 | 21,000,000 | 20,000,000 | 23,000,000 | 22,000,000 | 25,000,000 | 21,000,000 | 16,000,000 | 21,000,000 | 25,000,000 | 22,000,000 | 22,000,000 | 25,000,000 | 21,000,000 | 25,000,000 | 10,000,000 | 21,000,000 | 24,000,000 | 12,000,000 | 22,000,000 | 25,000,000 | 23,000,000 | 21,000,000 | -6,000,000 | 21,000,000 | 25,000,000 | 19,000,000 | 13,000,000 | 23,000,000 | 28,000,000 | 20,000,000 | 19,000,000 | 25,000,000 | 20,000,000 | 17,000,000 | 22,000,000 | 24,000,000 | 22,000,000 |
net income | 44,000,000 | -1,000,000 | 38,000,000 | 25,000,000 | 100,000,000 | 5,000,000 | -49,000,000 | 45,000,000 | 157,000,000 | 95,000,000 | 10,000,000 | 33,000,000 | 70,000,000 | -20,000,000 | -60,000,000 | -30,000,000 | 972,000,000 | -49,000,000 | 94,000,000 | 173,000,000 | -15,000,000 | -331,000,000 | 2,000,000 | -142,000,000 | 15,000,000 | -308,000,000 | -126,000,000 | 11,000,000 | -1,335,000,000 | 73,000,000 | -143,000,000 | -196,000,000 | 349,000,000 | 226,000,000 | 216,000,000 | 171,000,000 | ||
adjustments to reconcile net income to cash provided (used) by operating activities: | ||||||||||||||||||||||||||||||||||||||
depreciation | 68,000,000 | 69,000,000 | 72,000,000 | 71,000,000 | 67,000,000 | 69,000,000 | 72,000,000 | 71,000,000 | 70,000,000 | 72,000,000 | 76,000,000 | 74,000,000 | 71,000,000 | 69,000,000 | 75,000,000 | 72,000,000 | 76,000,000 | 75,000,000 | 75,000,000 | 71,000,000 | 69,000,000 | 70,000,000 | 81,000,000 | 67,000,000 | 72,000,000 | 75,000,000 | 73,000,000 | 68,000,000 | 72,000,000 | 65,000,000 | 100,000,000 | 103,000,000 | 101,000,000 | 96,000,000 | 89,000,000 | 84,000,000 | 81,000,000 | 83,000,000 |
amortization of intangibles | 12,000,000 | 11,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 11,000,000 | 12,000,000 | 13,000,000 | 13,000,000 | 12,000,000 | 12,000,000 | 14,000,000 | 13,000,000 | 13,000,000 | 16,000,000 | 10,000,000 | 9,000,000 | 10,000,000 | 10,000,000 | 8,000,000 | 10,000,000 | 9,000,000 | 9,000,000 | 11,000,000 | 10,000,000 | 10,000,000 | 11,000,000 | 12,000,000 | 12,000,000 | 12,000,000 | 8,000,000 | 4,000,000 | 4,000,000 | 5,000,000 |
pension and postretirement expense | 5,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 2,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 3,000,000 | 4,000,000 | 9,000,000 | -3,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||
pension and postretirement contributions | -2,000,000 | -5,000,000 | -8,000,000 | 1,000,000 | -5,000,000 | -6,000,000 | -10,000,000 | -6,000,000 | -2,000,000 | -6,000,000 | -3,000,000 | 1,000,000 | -7,000,000 | -5,000,000 | -5,000,000 | -5,000,000 | -6,000,000 | -3,000,000 | -9,000,000 | 2,000,000 | -3,000,000 | -14,000,000 | -4,000,000 | -2,000,000 | -4,000,000 | -7,000,000 | -6,000,000 | 3,000,000 | -3,000,000 | -2,000,000 | 13,000,000 | -15,000,000 | -7,000,000 | -7,000,000 | -9,000,000 | |||
equity in earnings of partially-owned affiliates, net of dividends received | 15,000,000 | -27,000,000 | 20,000,000 | 2,000,000 | 29,000,000 | -15,000,000 | 2,000,000 | 1,000,000 | -14,000,000 | -6,000,000 | -6,000,000 | -2,000,000 | -10,000,000 | -16,000,000 | 42,000,000 | 10,000,000 | -16,000,000 | -32,000,000 | -62,000,000 | 245,000,000 | -43,000,000 | -96,000,000 | -61,000,000 | 188,000,000 | -1,000,000 | -102,000,000 | -44,000,000 | 106,000,000 | -35,000,000 | -82,000,000 | -65,000,000 | 113,000,000 | -13,000,000 | -90,000,000 | 138,000,000 | -84,000,000 | -66,000,000 | -79,000,000 |
gain on sale of interests in nonconsolidated partially-owned affiliates | 0 | 0 | -4,000,000 | |||||||||||||||||||||||||||||||||||
deferred income taxes | 1,000,000 | -2,000,000 | -29,000,000 | -16,000,000 | 10,000,000 | 7,000,000 | -8,000,000 | 14,000,000 | -1,000,000 | -6,000,000 | -122,000,000 | 2,000,000 | -3,000,000 | -1,000,000 | 0 | 13,000,000 | -5,000,000 | -3,000,000 | 45,000,000 | -2,000,000 | -1,000,000 | -2,000,000 | -20,000,000 | -18,000,000 | 10,000,000 | -5,000,000 | -16,000,000 | 264,000,000 | 42,000,000 | -2,000,000 | 102,000,000 | 10,000,000 | -28,000,000 | 260,000,000 | -43,000,000 | -5,000,000 | -13,000,000 | 9,000,000 |
non-cash impairment charges | -2,000,000 | 0 | 333,000,000 | 10,000,000 | 1,000,000 | 4,000,000 | 7,000,000 | 1,000,000 | 4,000,000 | 6,000,000 | 0 | 52,000,000 | ||||||||||||||||||||||||||
equity-based compensation | 9,000,000 | 8,000,000 | 12,000,000 | 10,000,000 | 5,000,000 | 5,000,000 | 3,000,000 | 5,000,000 | 10,000,000 | 13,000,000 | 9,000,000 | 7,000,000 | 10,000,000 | 8,000,000 | 8,000,000 | 7,000,000 | 4,000,000 | 10,000,000 | 0 | 10,000,000 | 13,000,000 | 13,000,000 | 7,000,000 | 7,000,000 | -3,000,000 | 4,000,000 | 4,000,000 | 8,000,000 | 2,000,000 | 6,000,000 | 4,000,000 | 13,000,000 | 14,000,000 | 16,000,000 | 12,000,000 | 11,000,000 | 16,000,000 | 6,000,000 |
other | 1,000,000 | 2,000,000 | -12,000,000 | -5,000,000 | 5,000,000 | -3,000,000 | 3,000,000 | 2,000,000 | -7,000,000 | 1,000,000 | 5,000,000 | -3,000,000 | 3,000,000 | 0 | 12,000,000 | 2,000,000 | 5,000,000 | 10,000,000 | 9,000,000 | -3,000,000 | 14,000,000 | 5,000,000 | 2,000,000 | 3,000,000 | 5,000,000 | 11,000,000 | 0 | 7,000,000 | 4,000,000 | 1,000,000 | 4,000,000 | 2,000,000 | -9,000,000 | 2,000,000 | ||||
changes in assets and liabilities excluding impact of acquisitions/divestitures: | ||||||||||||||||||||||||||||||||||||||
receivables | -411,000,000 | 243,000,000 | -49,000,000 | 117,000,000 | -439,000,000 | 402,000,000 | -15,000,000 | 60,000,000 | -267,000,000 | 234,000,000 | 186,000,000 | -72,000,000 | -265,000,000 | 167,000,000 | -161,000,000 | -83,000,000 | -157,000,000 | -175,000,000 | 288,000,000 | 315,000,000 | -366,000,000 | 246,000,000 | -516,000,000 | 198,000,000 | 113,000,000 | 395,000,000 | -88,000,000 | 129,000,000 | -230,000,000 | 320,000,000 | 130,000,000 | 246,000,000 | -473,000,000 | 170,000,000 | -51,000,000 | 235,000,000 | -335,000,000 | 181,000,000 |
inventories | 17,000,000 | -65,000,000 | 31,000,000 | 20,000,000 | 18,000,000 | 6,000,000 | 24,000,000 | 13,000,000 | 27,000,000 | 29,000,000 | 6,000,000 | 39,000,000 | 59,000,000 | 22,000,000 | -36,000,000 | 8,000,000 | -60,000,000 | 26,000,000 | -105,000,000 | -87,000,000 | -65,000,000 | -6,000,000 | 62,000,000 | 46,000,000 | -53,000,000 | 23,000,000 | -31,000,000 | 51,000,000 | 7,000,000 | -19,000,000 | -52,000,000 | -28,000,000 | -4,000,000 | -22,000,000 | -25,000,000 | 11,000,000 | 3,000,000 | 1,000,000 |
other assets | 15,000,000 | -42,000,000 | 16,000,000 | -62,000,000 | -5,000,000 | -70,000,000 | 2,000,000 | 0 | 22,000,000 | -81,000,000 | 58,000,000 | -13,000,000 | -24,000,000 | -47,000,000 | -30,000,000 | 7,000,000 | 145,000,000 | 22,000,000 | -7,000,000 | -78,000,000 | 63,000,000 | 39,000,000 | 40,000,000 | -2,000,000 | 45,000,000 | 43,000,000 | 27,000,000 | 35,000,000 | 96,000,000 | -29,000,000 | 2,000,000 | -23,000,000 | -35,000,000 | 55,000,000 | 10,000,000 | -17,000,000 | ||
accounts payable and accrued liabilities | 336,000,000 | -143,000,000 | 65,000,000 | -28,000,000 | 223,000,000 | -329,000,000 | 283,000,000 | -256,000,000 | -99,000,000 | 65,000,000 | 259,000,000 | -191,000,000 | 259,000,000 | 37,000,000 | 142,000,000 | 104,000,000 | -246,000,000 | -277,000,000 | 219,000,000 | -84,000,000 | 884,000,000 | -669,000,000 | -199,000,000 | -267,000,000 | -6,000,000 | -134,000,000 | 400,000,000 | -451,000,000 | 189,000,000 | -59,000,000 | 309,000,000 | -296,000,000 | 236,000,000 | -298,000,000 | 272,000,000 | -323,000,000 | ||
accrued income taxes | -23,000,000 | 24,000,000 | 34,000,000 | -8,000,000 | 12,000,000 | 1,000,000 | -49,000,000 | 4,000,000 | -20,000,000 | 2,000,000 | 17,000,000 | 1,000,000 | -1,000,000 | 12,000,000 | 23,000,000 | -22,000,000 | -3,000,000 | 14,000,000 | -48,000,000 | -7,000,000 | 6,000,000 | 44,000,000 | -17,000,000 | 0 | -20,000,000 | 29,000,000 | 0 | 34,000,000 | -5,000,000 | -9,000,000 | 160,000,000 | -79,000,000 | -45,000,000 | -38,000,000 | 22,000,000 | -6,000,000 | ||
cash from operating activities | 81,000,000 | 80,000,000 | 172,000,000 | -45,000,000 | 109,000,000 | |||||||||||||||||||||||||||||||||
investing activities | ||||||||||||||||||||||||||||||||||||||
capital expenditures | -73,000,000 | -65,000,000 | -57,000,000 | -45,000,000 | -64,000,000 | |||||||||||||||||||||||||||||||||
free cash flows | 8,000,000 | 15,000,000 | 115,000,000 | -90,000,000 | 45,000,000 | |||||||||||||||||||||||||||||||||
sale of property, plant and equipment | 0 | 2,000,000 | 18,000,000 | 8,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 0 | 0 | 14,000,000 | 10,000,000 | 1,000,000 | 0 | 15,000,000 | 2,000,000 | 6,000,000 | 1,000,000 | 11,000,000 | 7,000,000 | 11,000,000 | 2,000,000 | 10,000,000 | 10,000,000 | 1,000,000 | 3,000,000 | 7,000,000 | 21,000,000 | 37,000,000 | 48,000,000 | 3,000,000 | 0 | 2,000,000 | 17,000,000 | 10,000,000 | 4,000,000 | 13,000,000 | ||
business divestitures | 0 | 0 | 0 | 27,000,000 | 1,000,000 | 0 | ||||||||||||||||||||||||||||||||
investments in partially-owned affiliates | -2,000,000 | -4,000,000 | ||||||||||||||||||||||||||||||||||||
cash used by investing activities | -75,000,000 | -68,000,000 | -49,000,000 | -44,000,000 | -34,000,000 | |||||||||||||||||||||||||||||||||
financing activities | ||||||||||||||||||||||||||||||||||||||
drawdown of abl revolver and other bank borrowings | ||||||||||||||||||||||||||||||||||||||
repayment of abl revolver and other bank borrowings | ||||||||||||||||||||||||||||||||||||||
issuance of long-term debt | ||||||||||||||||||||||||||||||||||||||
repayment of long-term debt, including premium paid | ||||||||||||||||||||||||||||||||||||||
debt financing costs | -1,000,000 | -6,000,000 | 0 | 0 | -12,000,000 | -1,000,000 | 0 | 0 | 0 | 0 | -16,000,000 | -7,000,000 | 0 | 0 | 0 | -7,000,000 | 0 | -9,000,000 | -2,000,000 | -37,000,000 | -4,000,000 | -4,000,000 | ||||||||||||||||
share repurchases | 0 | -25,000,000 | -50,000,000 | -50,000,000 | 0 | -25,000,000 | -50,000,000 | -75,000,000 | -50,000,000 | -100,000,000 | 0 | -37,000,000 | 0 | |||||||||||||||||||||||||
acquisition of a noncontrolling interest | 0 | 0 | -28,000,000 | |||||||||||||||||||||||||||||||||||
dividends paid to and other transactions with noncontrolling interests | -1,000,000 | -76,000,000 | -9,000,000 | -35,000,000 | -42,000,000 | |||||||||||||||||||||||||||||||||
share based compensation and other | 0 | -5,000,000 | 0 | 0 | -3,000,000 | 0 | 0 | -12,000,000 | -1,000,000 | 1,000,000 | -12,000,000 | |||||||||||||||||||||||||||
cash used by financing activities | -7,000,000 | -114,000,000 | -63,000,000 | -47,000,000 | -102,000,000 | |||||||||||||||||||||||||||||||||
effect of exchange rate changes on cash and cash equivalents | -23,000,000 | -1,000,000 | -1,000,000 | 46,000,000 | 30,000,000 | -58,000,000 | 51,000,000 | -11,000,000 | -31,000,000 | 38,000,000 | -17,000,000 | -25,000,000 | 9,000,000 | 29,000,000 | -17,000,000 | -4,000,000 | 0 | -13,000,000 | 25,000,000 | -15,000,000 | -8,000,000 | -15,000,000 | 4,000,000 | -1,000,000 | 7,000,000 | 0 | 3,000,000 | -6,000,000 | -13,000,000 | 15,000,000 | 3,000,000 | 18,000,000 | 16,000,000 | 5,000,000 | -13,000,000 | |||
decrease in cash and cash equivalents | -24,000,000 | -103,000,000 | 106,000,000 | -106,000,000 | -85,000,000 | |||||||||||||||||||||||||||||||||
cash and cash equivalents at beginning of period | 0 | 958,000,000 | 0 | 0 | 0 | 945,000,000 | 0 | 0 | 0 | 1,110,000,000 | 0 | 0 | 0 | 947,000,000 | 0 | 0 | 0 | 1,521,000,000 | 0 | 0 | 0 | 1,692,000,000 | 0 | 0 | 0 | 924,000,000 | 0 | 0 | 0 | 687,000,000 | 0 | 0 | 0 | 709,000,000 | 0 | 0 | 0 | 105,000,000 |
cash and cash equivalents at end of period | -24,000,000 | 855,000,000 | 98,000,000 | 106,000,000 | -106,000,000 | 860,000,000 | 55,000,000 | -15,000,000 | -85,000,000 | 990,000,000 | 202,000,000 | 82,000,000 | -75,000,000 | 901,000,000 | 55,000,000 | -226,000,000 | -962,000,000 | 2,080,000,000 | 521,000,000 | 16,000,000 | -836,000,000 | 1,820,000,000 | 660,000,000 | -608,000,000 | 675,000,000 | 965,000,000 | -101,000,000 | 534,000,000 | 85,000,000 | 406,000,000 | 309,000,000 | 25,000,000 | -37,000,000 | 390,000,000 | 40,000,000 | -60,000,000 | 20,000,000 | 709,000,000 |
net loss attributable to adient | -22,000,000 | 36,000,000 | ||||||||||||||||||||||||||||||||||||
increase in short-term debt | 2,000,000 | -2,000,000 | 2,000,000 | -1,000,000 | -2,000,000 | 3,000,000 | -7,000,000 | 5,000,000 | 1,000,000 | 0 | -6,000,000 | 0 | -2,000,000 | -6,000,000 | -41,000,000 | 30,000,000 | 3,000,000 | 3,000,000 | -180,000,000 | -654,000,000 | 835,000,000 | -17,000,000 | 16,000,000 | -2,000,000 | 1,000,000 | 2,000,000 | -8,000,000 | -158,000,000 | 134,000,000 | 1,000,000 | 31,000,000 | -13,000,000 | -34,000,000 | 9,000,000 | ||||
repayment of long-term debt | -2,000,000 | -2,000,000 | -2,000,000 | -797,000,000 | -2,000,000 | -134,000,000 | -2,000,000 | 0 | 0 | -1,102,000,000 | -2,000,000 | -99,000,000 | -144,000,000 | -742,000,000 | -2,000,000 | -5,000,000 | -185,000,000 | -687,000,000 | -18,000,000 | -102,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -2,000,000 | -1,201,000,000 | 0 | -1,000,000 | -1,000,000 | -201,000,000 | |||||||||
pension benefit expense | ||||||||||||||||||||||||||||||||||||||
pension contributions | ||||||||||||||||||||||||||||||||||||||
(gain) on sale of / impairment of nonconsolidated partially-owned affiliates | ||||||||||||||||||||||||||||||||||||||
premium paid on repurchase of debt | 0 | 0 | ||||||||||||||||||||||||||||||||||||
changes in assets and liabilities: | ||||||||||||||||||||||||||||||||||||||
cash provided (used) by operating activities | 81,000,000 | 41,000,000 | 294,000,000 | 203,000,000 | 126,000,000 | 44,000,000 | 236,000,000 | 23,000,000 | 29,000,000 | -14,000,000 | -102,000,000 | 222,000,000 | -91,000,000 | 231,000,000 | 518,000,000 | -455,000,000 | -56,000,000 | 239,000,000 | 2,000,000 | 266,000,000 | 168,000,000 | -128,000,000 | 439,000,000 | 390,000,000 | -23,000,000 | -127,000,000 | 446,000,000 | 157,000,000 | 156,000,000 | -13,000,000 | ||||||||
acquisition of businesses, net of cash acquired | 0 | |||||||||||||||||||||||||||||||||||||
cash provided (used) by investing activities | -69,000,000 | -44,000,000 | -65,000,000 | -53,000,000 | -61,000,000 | -50,000,000 | -55,000,000 | -60,000,000 | -53,000,000 | 652,000,000 | 694,000,000 | -252,000,000 | -34,000,000 | -61,000,000 | 446,000,000 | -72,000,000 | -80,000,000 | -128,000,000 | -105,000,000 | -88,000,000 | -72,000,000 | -118,000,000 | -73,000,000 | -145,000,000 | -123,000,000 | -146,000,000 | -397,000,000 | -105,000,000 | -90,000,000 | -203,000,000 | ||||||||
continued on next pagethe accompanying notes are an integral part of the consolidated financial statements. | ||||||||||||||||||||||||||||||||||||||
increase in long-term debt | 0 | 0 | 0 | 0 | 1,000,000,000 | 2,000,000 | 0 | 0 | 0 | 0 | ||||||||||||||||||||||||||||
cash paid to acquire a noncontrolling interest | 0 | 0 | ||||||||||||||||||||||||||||||||||||
dividends paid to noncontrolling interests | -3,000,000 | -48,000,000 | -10,000,000 | -5,000,000 | -2,000,000 | -50,000,000 | -4,000,000 | -3,000,000 | -40,000,000 | -59,000,000 | -3,000,000 | -7,000,000 | -7,000,000 | -52,000,000 | -4,000,000 | -8,000,000 | -5,000,000 | -54,000,000 | -9,000,000 | -10,000,000 | -7,000,000 | -36,000,000 | -17,000,000 | -23,000,000 | -14,000,000 | -20,000,000 | -32,000,000 | -30,000,000 | -5,000,000 | -12,000,000 | ||||||||
cash provided (used) by financing activities | -66,000,000 | -155,000,000 | -10,000,000 | -43,000,000 | -149,000,000 | -69,000,000 | -109,000,000 | -147,000,000 | -938,000,000 | -79,000,000 | -52,000,000 | 44,000,000 | -694,000,000 | -68,000,000 | -286,000,000 | -73,000,000 | 826,000,000 | -74,000,000 | 3,000,000 | 349,000,000 | -11,000,000 | -38,000,000 | -51,000,000 | -207,000,000 | 94,000,000 | -49,000,000 | -27,000,000 | -128,000,000 | -51,000,000 | 833,000,000 | ||||||||
increase in cash and cash equivalents | -85,000,000 | -120,000,000 | 202,000,000 | 82,000,000 | -75,000,000 | -46,000,000 | 55,000,000 | -226,000,000 | -962,000,000 | 559,000,000 | 521,000,000 | 16,000,000 | -836,000,000 | 128,000,000 | 660,000,000 | -608,000,000 | 675,000,000 | 41,000,000 | -101,000,000 | 534,000,000 | 85,000,000 | -281,000,000 | 309,000,000 | 25,000,000 | -37,000,000 | -319,000,000 | 40,000,000 | -60,000,000 | 20,000,000 | 604,000,000 | ||||||||
net loss | ||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities, excluding impact of acquisitions/divestitures: | ||||||||||||||||||||||||||||||||||||||
pension and postretirement benefit expense | 44,000,000 | 7,000,000 | 1,000,000 | 1,000,000 | -22,000,000 | -9,000,000 | -6,000,000 | 1,000,000 | -44,000,000 | 1,000,000 | 1,000,000 | 1,000,000 | ||||||||||||||||||||||||||
(gain) on sale of / impairment of nonconsolidated partially owned affiliates | ||||||||||||||||||||||||||||||||||||||
retrospective recoveries of brazil indirect tax credits | 0 | |||||||||||||||||||||||||||||||||||||
derivative loss on the 2021 yanfeng transaction | 0 | 0 | 0 | 3,000,000 | 6,000,000 | |||||||||||||||||||||||||||||||||
non-cash restructuring and impairment charges | ||||||||||||||||||||||||||||||||||||||
settlement of derivative contracts | ||||||||||||||||||||||||||||||||||||||
continued on next page | ||||||||||||||||||||||||||||||||||||||
impairment of interests in nonconsolidated partially owned affiliates | 0 | |||||||||||||||||||||||||||||||||||||
restructuring reserves | -9,000,000 | -8,000,000 | -8,000,000 | -10,000,000 | -27,000,000 | -8,000,000 | -11,000,000 | -14,000,000 | -24,000,000 | -18,000,000 | -23,000,000 | -42,000,000 | -53,000,000 | -20,000,000 | -27,000,000 | -15,000,000 | -18,000,000 | -18,000,000 | -20,000,000 | -56,000,000 | -14,000,000 | -27,000,000 | -26,000,000 | -50,000,000 | -32,000,000 | -35,000,000 | -72,000,000 | -30,000,000 | -42,000,000 | |||||||||
proceeds from business divestitures | -3,000,000 | 2,000,000 | 0 | 3,000,000 | 0 | 9,000,000 | 731,000,000 | |||||||||||||||||||||||||||||||
loans to affiliates | 0 | -11,000,000 | ||||||||||||||||||||||||||||||||||||
increase in cash and cash equivalents, including cash classified within current assets held for sale | 55,000,000 | -226,000,000 | -962,000,000 | 559,000,000 | 536,000,000 | 14,000,000 | -832,000,000 | 127,000,000 | ||||||||||||||||||||||||||||||
less: cash classified within current assets held for sale | ||||||||||||||||||||||||||||||||||||||
changes in assets and liabilities, excluding impact of acquisitions: | ||||||||||||||||||||||||||||||||||||||
settlement of derivatives | 0 | 0 | -30,000,000 | |||||||||||||||||||||||||||||||||||
advance payment for business acquisitions | -5,000,000 | -6,000,000 | -13,000,000 | |||||||||||||||||||||||||||||||||||
loss on divestitures - net | -12,000,000 | 0 | 0 | 25,000,000 | ||||||||||||||||||||||||||||||||||
changes in long-term investments | 0 | 0 | 0 | -37,000,000 | 0 | 0 | 1,000,000 | 0 | -5,000,000 | -5,000,000 | 0 | 0 | -6,000,000 | |||||||||||||||||||||||||
impairment/(gain) on sale of nonconsolidated partially-owned affiliates | 0 | |||||||||||||||||||||||||||||||||||||
premium and transaction costs paid on repurchase of debt | 0 | 0 | 4,000,000 | |||||||||||||||||||||||||||||||||||
change in cash classified within current assets held for sale | 2,000,000 | -4,000,000 | 1,000,000 | |||||||||||||||||||||||||||||||||||
cash dividends | 0 | 0 | 0 | -26,000,000 | -26,000,000 | -26,000,000 | -25,000,000 | -26,000,000 | -26,000,000 | |||||||||||||||||||||||||||||
formation of consolidated joint venture | 0 | 0 | 0 | 28,000,000 | ||||||||||||||||||||||||||||||||||
(gain) on sale/impairment of nonconsolidated partially-owned affiliates | 0 | |||||||||||||||||||||||||||||||||||||
settlement of cross-currency interest rate swap | 0 | |||||||||||||||||||||||||||||||||||||
receipt of deferred consideration | ||||||||||||||||||||||||||||||||||||||
impairment of nonconsolidated partially-owned affiliate | 6,000,000 | 0 | 216,000,000 | |||||||||||||||||||||||||||||||||||
impairment of nonconsolidated partially owned affiliate | ||||||||||||||||||||||||||||||||||||||
settlement of cross-currency interest rate swaps | ||||||||||||||||||||||||||||||||||||||
gain on previously-held interest | ||||||||||||||||||||||||||||||||||||||
net transfers from (to) parent prior to separation | 0 | 0 | 0 | 606,000,000 | ||||||||||||||||||||||||||||||||||
cash transferred from former parent post separation | 0 | 0 | 87,000,000 | 228,000,000 | ||||||||||||||||||||||||||||||||||
gain on divestitures - net | ||||||||||||||||||||||||||||||||||||||
net transfers from (to) parent | ||||||||||||||||||||||||||||||||||||||
earnout payment from previous acquisition |
