| 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 | |||||||||||||||||
-511,000 | -641,000 | -491,000 | -1,842,000 | -1,467,000 | -1,486,000 | -1,685,000 | 14,000 | 161,000 | 519,000 | 877,000 | -357,000 | -572,000 | -1,541,000 | -1,546,000 | 0 | 0 | 0 |
Income attributable to noncontrolling interests | |||||||||||||||||
78,000 | 80,000 | 83,000 | 84,000 | 90,000 | 92,000 | 84,000 | 81,000 | 84,000 | 83,000 | 85,000 | 91,000 | 90,000 | 89,000 | 84,000 | 0 | 0 | 0 |
Net income (loss) | |||||||||||||||||
-433,000 | -561,000 | -408,000 | -1,758,000 | -1,377,000 | -1,394,000 | -1,601,000 | 95,000 | 245,000 | 602,000 | 962,000 | -266,000 | -482,000 | -1,452,000 | -1,462,000 | 0 | 0 | 0 |
Adjustments to reconcile net income (loss) to cash provided (used) by operating activities: | |||||||||||||||||
Depreciation | |||||||||||||||||
288,000 | 288,000 | 278,000 | 305,000 | 340,000 | 369,000 | 400,000 | 389,000 | 370,000 | 350,000 | 337,000 | 335,000 | 328,000 | 328,000 | 327,000 | 0 | 0 | 0 |
Amortization of intangibles | |||||||||||||||||
39,000 | 39,000 | 40,000 | 42,000 | 43,000 | 45,000 | 47,000 | 44,000 | 36,000 | 28,000 | 21,000 | 17,000 | 17,000 | 18,000 | 17,000 | 0 | 0 | 0 |
Pension and postretirement benefit expense (benefit) | |||||||||||||||||
51,000 | 52,000 | 53,000 | -13,000 | -29,000 | -36,000 | -36,000 | -58,000 | -48,000 | -41,000 | -41,000 | 114,000 | 113,000 | 113,000 | 113,000 | 0 | 0 | 0 |
Pension and postretirement contributions, net | |||||||||||||||||
24,000 | 17,000 | 19,000 | 14,000 | 13,000 | 8,000 | -11,000 | 7,000 | 11,000 | 16,000 | 38,000 | 23,000 | 33,000 | 37,000 | 35,000 | 0 | 0 | 0 |
Equity in earnings of partially-owned affiliates, net of dividends received (includes purchase accounting amortization of $1 and $0, respectively) | |||||||||||||||||
41,000 | 75,000 | 55,000 | 76,000 | 69,000 | 47,000 | 55,000 | -136,000 | 58,000 | 109,000 | 91,000 | 233,000 | 131,000 | 132,000 | 145,000 | 0 | 0 | 0 |
Impairment of nonconsolidated partially-owned affiliate | |||||||||||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Deferred income taxes | |||||||||||||||||
253,000 | 285,000 | 288,000 | 406,000 | 152,000 | 82,000 | 344,000 | 199,000 | 184,000 | 199,000 | -52,000 | -1,382,000 | -1,380,000 | -536,000 | -572,000 | 0 | 0 | 0 |
Loss (gain) on divestitures - net | |||||||||||||||||
0 | 0 | - | - | 0 | 0 | - | - | - | - | - | - | - | - | - | - | - | - |
Equity-based compensation | |||||||||||||||||
13,000 | 18,000 | 20,000 | 20,000 | 25,000 | 37,000 | 47,000 | 55,000 | 53,000 | 55,000 | 45,000 | 41,000 | 44,000 | 33,000 | 28,000 | 0 | 0 | 0 |
Other | |||||||||||||||||
-21,000 | -19,000 | -23,000 | -22,000 | -12,000 | -16,000 | -11,000 | 2,000 | 1,000 | 4,000 | 6,000 | 4,000 | 17,000 | 13,000 | 11,000 | 0 | 0 | 0 |
Changes in assets and liabilities: | |||||||||||||||||
Receivables | |||||||||||||||||
-549,000 | -206,000 | -131,000 | -349,000 | -466,000 | -223,000 | -73,000 | 108,000 | 119,000 | -19,000 | -30,000 | -137,000 | 58,000 | -42,000 | -83,000 | 0 | 0 | 0 |
Inventories | |||||||||||||||||
10,000 | -50,000 | -8,000 | 13,000 | 92,000 | 103,000 | 106,000 | 79,000 | 40,000 | 33,000 | 10,000 | -48,000 | -62,000 | -55,000 | -49,000 | 0 | 0 | 0 |
Other assets | |||||||||||||||||
-126,000 | -113,000 | -150,000 | -201,000 | -129,000 | -104,000 | -46,000 | 85,000 | 1,000 | -7,000 | -13,000 | 83,000 | 224,000 | 45,000 | -22,000 | 0 | 0 | 0 |
Increase (Decrease) in Restructuring Reserve | |||||||||||||||||
-71,000 | -112,000 | -108,000 | -117,000 | -123,000 | -117,000 | -135,000 | -143,000 | -189,000 | -169,000 | -179,000 | -160,000 | -80,000 | 65,000 | 73,000 | 0 | 0 | 0 |
Accounts payable and accrued liabilities | |||||||||||||||||
-606,000 | -7,000 | -191,000 | 4,000 | 79,000 | -12,000 | 143,000 | 190,000 | -49,000 | -86,000 | -113,000 | -112,000 | 217,000 | -3,000 | 57,000 | 0 | 0 | 0 |
Accrued income taxes | |||||||||||||||||
43,000 | 58,000 | 20,000 | 180,000 | 67,000 | 27,000 | -2,000 | -140,000 | -67,000 | -19,000 | 19,000 | 347,000 | 352,000 | 340,000 | 335,000 | 0 | 0 | 0 |
Cash provided (used) by operating activities | |||||||||||||||||
451,000 | 675,000 | 308,000 | 745,000 | 869,000 | 678,000 | 679,000 | 686,000 | 453,000 | 632,000 | 746,000 | -1,178,000 | -1,185,000 | -1,137,000 | -1,034,000 | 0 | 0 | 0 |
Investing Activities | |||||||||||||||||
Capital expenditures | |||||||||||||||||
401,000 | 415,000 | 468,000 | 482,000 | 522,000 | 537,000 | 536,000 | 564,000 | 541,000 | 513,000 | 577,000 | 542,000 | 553,000 | 536,000 | 437,000 | 0 | 0 | 0 |
Sale of property, plant and equipment | |||||||||||||||||
14,000 | 31,000 | 68,000 | 113,000 | 109,000 | 88,000 | 53,000 | 22,000 | 29,000 | 33,000 | 44,000 | 29,000 | 22,000 | 22,000 | 16,000 | 0 | 0 | 0 |
Changes in long-term investments | |||||||||||||||||
34,000 | 34,000 | -3,000 | -3,000 | -1,000 | -1,000 | 4,000 | 9,000 | 10,000 | 10,000 | 11,000 | 30,000 | 30,000 | 30,000 | 24,000 | 0 | 0 | 0 |
Business divestitures | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | - | - | - | - | 18,000 | 0 | 0 | 0 |
Loans to affiliates | |||||||||||||||||
- | 0 | - | - | - | 0 | - | - | - | 0 | - | - | - | - | - | - | - | - |
Other | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 4,000 | 2,000 | 5,000 | 5,000 | -2,000 | 0 | 0 | 0 |
Cash provided (used) by investing activities | |||||||||||||||||
-401,000 | -393,000 | -383,000 | -351,000 | -408,000 | -459,000 | -487,000 | -811,000 | -771,000 | -738,000 | -795,000 | -545,000 | -566,000 | -549,000 | -425,000 | 0 | 0 | 0 |
Financing Activities | |||||||||||||||||
Net transfers from (to) Parent prior to separation | |||||||||||||||||
- | - | - | - | - | - | - | - | - | - | 606,000 | 779,000 | 935,000 | 734,000 | 117,000 | 0 | 0 | 0 |
Increase (decrease) in short-term debt | |||||||||||||||||
832,000 | -2,000 | 17,000 | -7,000 | -163,000 | -30,000 | -31,000 | 8,000 | 153,000 | -15,000 | -7,000 | -19,000 | -117,000 | 9,000 | 25,000 | 0 | 0 | 0 |
Repayment of long-term debt | |||||||||||||||||
1,207,000 | 1,206,000 | 1,204,000 | 0 | 0 | 0 | - | - | - | - | - | - | - | - | 39,000 | 0 | 0 | 0 |
Debt financing costs | |||||||||||||||||
40,000 | 43,000 | 47,000 | 45,000 | 7,000 | 4,000 | 0 | 0 | 0 | 0 | - | - | - | - | - | - | - | - |
Cash dividends | |||||||||||||||||
0 | 0 | 26,000 | 52,000 | 78,000 | 103,000 | 103,000 | 103,000 | 103,000 | 78,000 | 52,000 | 0 | 0 | 0 | - | - | - | - |
Dividends paid to noncontrolling interests | |||||||||||||||||
78,000 | 80,000 | 62,000 | 70,000 | 83,000 | 90,000 | 74,000 | 89,000 | 96,000 | 87,000 | 79,000 | 101,000 | 83,000 | 93,000 | 88,000 | 0 | 0 | 0 |
Formation of consolidated joint venture | |||||||||||||||||
0 | 0 | 28,000 | 28,000 | 28,000 | 28,000 | 0 | -315,000 | -315,000 | -228,000 | 0 | 315,000 | 315,000 | 228,000 | 0 | 0 | 0 | 0 |
Other | |||||||||||||||||
-3,000 | -2,000 | -3,000 | -3,000 | -1,000 | -1,000 | -3,000 | -2,000 | -4,000 | -3,000 | 3,000 | 2,000 | 3,000 | 2,000 | 0 | 0 | 0 | 0 |
Cash provided (used) by financing activities | |||||||||||||||||
1,104,000 | 267,000 | 303,000 | 249,000 | -307,000 | -202,000 | -213,000 | -189,000 | -110,000 | -255,000 | 627,000 | 2,261,000 | 2,419,000 | 2,345,000 | 1,516,000 | 0 | 0 | 0 |
Effect of exchange rate changes on cash and cash equivalents | |||||||||||||||||
-5,000 | 10,000 | 9,000 | 4,000 | -16,000 | -1,000 | -1,000 | 23,000 | 52,000 | 42,000 | 26,000 | 11,000 | -5,000 | -8,000 | 4,000 | 0 | 0 | 0 |
Increase (decrease) in cash and cash equivalents | |||||||||||||||||
1,149,000 | 559,000 | 237,000 | 647,000 | 138,000 | 16,000 | -22,000 | -291,000 | -376,000 | -319,000 | 604,000 | 549,000 | 663,000 | 651,000 | 61,000 | 0 | 0 | 0 |