| Mar'20 | Dec'19 | Sep'19 | Jun'19 | Mar'19 | Dec'18 | Sep'18 | Jun'18 | Mar'18 | Dec'17 | Sep'17 | Jun'17 | Mar'17 | Dec'16 | Sep'16 | Jun'16 | Mar'16 | Dec'15 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Operating Activities | |||||||||||||||||
Net income (loss) attributable to Adient | |||||||||||||||||
-19,000 | -167,000 | -4,000 | -321,000 | -149,000 | -17,000 | -1,355,000 | 54,000 | -168,000 | -216,000 | 344,000 | 201,000 | 190,000 | 142,000 | -890,000 | -14,000 | -779,000 | 137,000 |
Income attributable to noncontrolling interests | |||||||||||||||||
21,000 | 25,000 | 19,000 | 13,000 | 23,000 | 28,000 | 20,000 | 19,000 | 25,000 | 20,000 | 17,000 | 22,000 | 24,000 | 22,000 | 23,000 | 21,000 | 23,000 | 17,000 |
Net income (loss) | |||||||||||||||||
2,000 | -142,000 | 15,000 | -308,000 | -126,000 | 11,000 | -1,335,000 | 73,000 | -143,000 | -196,000 | 361,000 | 223,000 | 214,000 | 164,000 | -867,000 | 7,000 | -756,000 | 154,000 |
Adjustments to reconcile net income (loss) to cash provided (used) by operating activities: | |||||||||||||||||
Depreciation | |||||||||||||||||
72,000 | 75,000 | 73,000 | 68,000 | 72,000 | 65,000 | 100,000 | 103,000 | 101,000 | 96,000 | 89,000 | 84,000 | 81,000 | 83,000 | 87,000 | 77,000 | 81,000 | 82,000 |
Amortization of intangibles | |||||||||||||||||
10,000 | 9,000 | 9,000 | 11,000 | 10,000 | 10,000 | 11,000 | 12,000 | 12,000 | 12,000 | 8,000 | 4,000 | 4,000 | 5,000 | 4,000 | 4,000 | 5,000 | 4,000 |
Pension and postretirement benefit expense (benefit) | |||||||||||||||||
0 | 0 | 44,000 | 7,000 | 1,000 | 1,000 | -22,000 | -9,000 | -6,000 | 1,000 | -44,000 | 1,000 | 1,000 | 1,000 | 111,000 | 0 | 1,000 | 1,000 |
Pension and postretirement contributions, net | |||||||||||||||||
14,000 | 4,000 | 2,000 | 4,000 | 7,000 | 6,000 | -3,000 | 3,000 | 2,000 | -13,000 | 15,000 | 7,000 | 7,000 | 9,000 | 0 | 17,000 | 11,000 | 7,000 |
Equity in earnings of partially-owned affiliates, net of dividends received (includes purchase accounting amortization of $1 and $0, respectively) | |||||||||||||||||
1,000 | 102,000 | 44,000 | -106,000 | 35,000 | 82,000 | 65,000 | -113,000 | 13,000 | 90,000 | -126,000 | 81,000 | 64,000 | 72,000 | 16,000 | -21,000 | 65,000 | 85,000 |
Impairment of nonconsolidated partially-owned affiliate | |||||||||||||||||
0 | 216,000 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred income taxes | |||||||||||||||||
10,000 | -5,000 | -16,000 | 264,000 | 42,000 | -2,000 | 102,000 | 10,000 | -28,000 | 260,000 | -43,000 | -5,000 | -13,000 | 9,000 | -1,373,000 | -3,000 | 831,000 | -27,000 |
Loss (gain) on divestitures - net | |||||||||||||||||
0 | -25,000 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Equity-based compensation | |||||||||||||||||
-3,000 | 4,000 | 4,000 | 8,000 | 2,000 | 6,000 | 4,000 | 13,000 | 14,000 | 16,000 | 12,000 | 11,000 | 16,000 | 6,000 | 8,000 | 14,000 | 5,000 | 1,000 |
Other | |||||||||||||||||
-2,000 | -3,000 | -5,000 | -11,000 | 0 | -7,000 | -4,000 | -1,000 | -4,000 | -2,000 | 9,000 | -2,000 | -1,000 | 0 | 7,000 | 11,000 | -5,000 | -2,000 |
Changes in assets and liabilities: | |||||||||||||||||
Receivables | |||||||||||||||||
-113,000 | -395,000 | 88,000 | -129,000 | 230,000 | -320,000 | -130,000 | -246,000 | 473,000 | -170,000 | 51,000 | -235,000 | 335,000 | -181,000 | -56,000 | -40,000 | 235,000 | -222,000 |
Inventories | |||||||||||||||||
53,000 | -23,000 | 31,000 | -51,000 | -7,000 | 19,000 | 52,000 | 28,000 | 4,000 | 22,000 | 25,000 | -11,000 | -3,000 | -1,000 | -33,000 | -25,000 | 4,000 | 5,000 |
Other assets | |||||||||||||||||
-40,000 | 2,000 | -45,000 | -43,000 | -27,000 | -35,000 | -96,000 | 29,000 | -2,000 | 23,000 | 35,000 | -55,000 | -10,000 | 17,000 | 131,000 | 86,000 | -189,000 | -50,000 |
Increase (Decrease) in Restructuring Reserve | |||||||||||||||||
-15,000 | -18,000 | -18,000 | -20,000 | -56,000 | -14,000 | -27,000 | -26,000 | -50,000 | -32,000 | -35,000 | -72,000 | -30,000 | -42,000 | -16,000 | 8,000 | 115,000 | -34,000 |
Accounts payable and accrued liabilities | |||||||||||||||||
-199,000 | -267,000 | -6,000 | -134,000 | 400,000 | -451,000 | 189,000 | -59,000 | 309,000 | -296,000 | 236,000 | -298,000 | 272,000 | -323,000 | 237,000 | 31,000 | 52,000 | -263,000 |
Accrued income taxes | |||||||||||||||||
-20,000 | 29,000 | 0 | 34,000 | -5,000 | -9,000 | 160,000 | -79,000 | -45,000 | -38,000 | 22,000 | -6,000 | 3,000 | 0 | 350,000 | -1,000 | -9,000 | -5,000 |
Cash provided (used) by operating activities | |||||||||||||||||
-56,000 | 239,000 | 2,000 | 266,000 | 168,000 | -128,000 | 439,000 | 390,000 | -23,000 | -127,000 | 446,000 | 157,000 | 156,000 | -13,000 | -1,478,000 | 150,000 | 204,000 | 90,000 |
Investing Activities | |||||||||||||||||
Capital expenditures | |||||||||||||||||
94,000 | 91,000 | 118,000 | 98,000 | 108,000 | 144,000 | 132,000 | 138,000 | 123,000 | 143,000 | 160,000 | 115,000 | 95,000 | 207,000 | 125,000 | 126,000 | 78,000 | 108,000 |
Sale of property, plant and equipment | |||||||||||||||||
4,000 | 0 | 3,000 | 7,000 | 21,000 | 37,000 | 48,000 | 3,000 | 0 | 2,000 | 17,000 | 10,000 | 4,000 | 13,000 | 2,000 | 3,000 | 4,000 | 7,000 |
Changes in long-term investments | |||||||||||||||||
0 | 37,000 | 0 | -3,000 | 0 | 0 | 0 | -1,000 | 0 | 5,000 | 5,000 | 0 | 0 | 6,000 | 24,000 | 0 | 0 | 0 |
Business divestitures | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | -4,000 | 4,000 | 0 | 18,000 |
Loans to affiliates | |||||||||||||||||
- | 0 | - | - | - | 11,000 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Other | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 2,000 | 0 | -1,000 | 3,000 | 0 | 3,000 | -1,000 | -4,000 |
Cash provided (used) by investing activities | |||||||||||||||||
-80,000 | -128,000 | -105,000 | -88,000 | -72,000 | -118,000 | -73,000 | -145,000 | -123,000 | -146,000 | -397,000 | -105,000 | -90,000 | -203,000 | -147,000 | -126,000 | -73,000 | -79,000 |
Financing Activities | |||||||||||||||||
Net transfers from (to) Parent prior to separation | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 0 | 0 | 0 | 606,000 | 173,000 | 156,000 | -201,000 | -11,000 |
Increase (decrease) in short-term debt | |||||||||||||||||
835,000 | -17,000 | 16,000 | -2,000 | 1,000 | 2,000 | -8,000 | -158,000 | 134,000 | 1,000 | 31,000 | -13,000 | -34,000 | 9,000 | 19,000 | -111,000 | 92,000 | 25,000 |
Repayment of long-term debt | |||||||||||||||||
2,000 | 2,000 | 2,000 | 1,201,000 | 1,000 | 0 | - | - | - | - | - | - | - | - | 32,000 | 3,000 | 1,000 | 3,000 |
Debt financing costs | |||||||||||||||||
1,000 | 0 | 2,000 | 37,000 | 4,000 | 4,000 | 0 | -1,000 | 1,000 | 0 | - | - | - | - | - | - | - | - |
Cash dividends | |||||||||||||||||
0 | 0 | 0 | 0 | 0 | 26,000 | 26,000 | 26,000 | 25,000 | 26,000 | 26,000 | 26,000 | 0 | 0 | - | - | - | - |
Dividends paid to noncontrolling interests | |||||||||||||||||
5,000 | 54,000 | 9,000 | 10,000 | 7,000 | 36,000 | 17,000 | 23,000 | 14,000 | 20,000 | 32,000 | 30,000 | 5,000 | 12,000 | 54,000 | 12,000 | 15,000 | 7,000 |
Formation of consolidated joint venture | |||||||||||||||||
0 | 0 | 0 | 0 | 0 | 28,000 | 0 | 0 | 0 | 0 | -315,000 | 0 | 87,000 | 228,000 | 0 | 0 | 0 | 0 |
Other | |||||||||||||||||
-1,000 | -1,000 | 0 | -1,000 | 0 | -2,000 | 0 | 1,000 | 0 | -4,000 | 1,000 | -1,000 | 1,000 | 2,000 | 0 | 0 | 0 | 0 |
Cash provided (used) by financing activities | |||||||||||||||||
826,000 | -74,000 | 3,000 | 349,000 | -11,000 | -38,000 | -51,000 | -207,000 | 94,000 | -49,000 | -27,000 | -128,000 | -51,000 | 833,000 | 1,607,000 | 30,000 | -125,000 | 4,000 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||
-15,000 | 4,000 | -1,000 | 7,000 | 0 | 3,000 | -6,000 | -13,000 | 15,000 | 3,000 | 18,000 | 16,000 | 5,000 | -13,000 | 3,000 | 0 | 2,000 | -1,000 |
Increase (decrease) in cash and cash equivalents | |||||||||||||||||
675,000 | 41,000 | -101,000 | 534,000 | 85,000 | -281,000 | 309,000 | 25,000 | -37,000 | -319,000 | 40,000 | -60,000 | 20,000 | 604,000 | -15,000 | 54,000 | 8,000 | 14,000 |