v3.26.1
Leases
9 Months Ended
Jun. 30, 2026
Leases [Abstract]  
Leases
7. Leases

Adient's lease portfolio consists of operating leases for real estate including production facilities, warehouses and administrative offices, equipment such as forklifts and computer servers and laptops, and fleet vehicles.

The components of lease costs included in the consolidated statements of income (loss) for the three and nine months ended June 30, 2026 and 2025 were as follows:

Three Months Ended
June 30,
Nine Months Ended
June 30,
(in millions)2026202520262025
Operating lease cost$29 $28 $85 $82 
Short-term lease cost26 21 
Total lease cost$38 $35 $111 $103 

Operating lease right-of-use assets and lease liabilities included in the consolidated statements of financial position were as follows:

(in millions)June 30, 2026September 30, 2025
Operating leases:
Operating lease right-of-use assetsOther noncurrent assets$262$259
Operating lease liabilities - currentOther current liabilities$86$82
Operating lease liabilities - noncurrentOther noncurrent liabilities175176
$261$258
Weighted average remaining lease term:
Operating leases4 years5 years
Weighted average discount rate:
Operating leases6.2 %6.0 %

Maturities of operating lease liabilities and minimum payments for operating leases having initial or remaining non-cancelable terms in excess of one year as of June 30, 2026 were as follows:

Fiscal years (in millions)Operating Leases
2026 (excluding the nine months ended June 30, 2026)
$28 
202793 
202866 
202942 
203028 
Thereafter48 
Total lease payments305 
Less: imputed interest(44)
Present value of lease liabilities$261 
Supplemental cash flow information related to leases was as follows:

Nine Months Ended
June 30,
(in millions)20262025
Right-of-use assets obtained in exchange for lease obligations:
Operating leases (non-cash activity)$64 $65 
Operating cash flows:
Cash paid for amounts included in the measurement of lease liabilities$84 $81