Discontinued Operations

6 Months Ended

Mar. 31, 2015

Discontinued Operations and Disposal Groups [Abstract]

Discontinued Operations

Discontinued Operations

Results of discontinued operations are summarized as follows (in millions):

	Three Months Ended March 31,					Six Months Ended March 31,
	2015		2014			2015		2014
Sales	$	—	$	8		$	1	$	15
Income (loss) before income taxes	$	3	$	(4	)	$	—	$	(6	)
Benefit from income taxes	1		4			1		5
Income (loss) from discontinued operations attributable to Meritor, Inc.	$	4	$	—		$	1	$	(1	)

Total discontinued operations assets as of March 31, 2015 and September 30, 2014 were $7 million and $8 million, respectively, and total discontinued operations liabilities as of March 31, 2015 and September 30, 2014 were $13 million and $21 million, respectively.

Income from discontinued operations attributable to the company for the three and six months ended March 31, 2015 were primarily attributable to the settlement of indemnities on certain contingencies of previously divested businesses.

Mascot Divestiture

In the fourth quarter of fiscal year 2014, the company disposed of its Mascot business which was part of the company’s Aftermarket & Trailer segment. The results of operations and cash flows of the company’s Mascot business are presented in discontinued operations in the condensed consolidated statements of operations and condensed consolidated statement of cash flows, and prior period information has been recast to reflect this presentation.

Sales for the three and six months ended March 31, 2014, were related to the company’s former Mascot business.