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Business Segment Information (Tables)
6 Months Ended
Mar. 31, 2015
Segment Reporting [Abstract]  
Summary of segment information
Segment information is summarized as follows (in millions):
 
Commercial Truck
& Industrial
 
Aftermarket
& Trailer
 
Eliminations
 
Total
Three Months Ended March 31, 2015
 
 
 
 
 
 
 
External Sales
$
660

 
$
204

 
$

 
$
864

Intersegment Sales
21

 
8

 
(29
)
 

Total Sales
$
681

 
$
212

 
$
(29
)
 
$
864

Three Months Ended March 31, 2014
 
 
 
 
 
 
 
External Sales
$
736

 
$
218

 
$

 
$
954

Intersegment Sales
27

 
7

 
(34
)
 

Total Sales
$
763

 
$
225

 
$
(34
)
 
$
954

 
 
 
 
 
 
 
 
 
Commercial Truck
& Industrial
 
Aftermarket
& Trailer
 
Eliminations
 
Total
Six Months Ended March 31, 2015
 
 
 
 
 
 
 
External Sales
$
1,338

 
$
405

 
$

 
$
1,743

Intersegment Sales
46

 
15

 
(61
)
 

Total Sales
$
1,384

 
$
420

 
$
(61
)
 
$
1,743

Six Months Ended March 31, 2014
 
 
 
 
 
 
 
External Sales
$
1,439

 
$
415

 
$

 
$
1,854

Intersegment Sales
51

 
12

 
(63
)
 

Total Sales
$
1,490

 
$
427

 
$
(63
)
 
$
1,854

Segment reconciliation to income
 
Three Months Ended March 31,
 
Six Months Ended March 31,
 
2015
 
2014 (2)
 
2015
 
2014 (2)
Segment EBITDA:
 
 
 
 
 
 
 
Commercial Truck & Industrial
$
57

 
$
57

 
$
113

 
$
110

Aftermarket & Trailer
30

 
24

 
55

 
45

Segment EBITDA
87


81


168

 
155

Unallocated legacy and corporate costs, net (1)

 
(1
)
 
(2
)
 
(3
)
Interest expense, net
(21
)
 
(48
)
 
(40
)
 
(75
)
Provision for income taxes
(6
)
 
(8
)
 
(13
)
 
(19
)
Depreciation and amortization
(17
)
 
(17
)
 
(32
)
 
(33
)
Noncontrolling interests

 
(2
)
 
(1
)
 
(4
)
Loss on sale of receivables
(1
)
 
(2
)
 
(3
)
 
(5
)
Restructuring costs
(3
)
 
(2
)
 
(6
)
 
(3
)
Income from continuing operations attributable to Meritor, Inc.
$
39


$
1


$
71

 
$
13


(1)
Unallocated legacy and corporate costs, net represents items that are not directly related to the company's business segments. These costs primarily include asbestos-related charges, pension and retiree medical costs associated with sold businesses and other legacy costs for environmental and product liability.
(2) Amounts for prior periods have been recast for discontinued operations.
Reconciliation of assets from segment to consolidated
Segment Assets:
March 31,
2015
 
September 30,
2014
Commercial Truck & Industrial
$
1,657

 
$
1,755

Aftermarket & Trailer
441

 
458

Total segment assets
2,098

 
2,213

Corporate (1)
473

 
533

Less: Accounts receivable sold under off-balance sheet factoring programs (2)
(254
)
 
(244
)
Total assets
$
2,317

 
$
2,502


(1) 
Corporate assets consist primarily of cash, deferred income taxes and prepaid pension costs.
(2) 
At March 31, 2015 and September 30, 2014, segment assets include $254 million and $244 million, respectively, of accounts receivable sold under off-balance sheet accounts receivable factoring programs (see Note 8). These sold receivables are included in segment assets as the CODM reviews segment assets inclusive of these balances.