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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Millions
Jun. 30, 2015
Sep. 30, 2014
ASSETS    
Cash and cash equivalents $ 345 $ 247
Receivables, trade and other, net 530 610
Inventories 365 379
Other current assets 52 56
TOTAL CURRENT ASSETS 1,292 1,292
NET PROPERTY 393 424
GOODWILL 420 431
OTHER ASSETS 348 355
TOTAL ASSETS 2,453 2,502
LIABILITIES AND EQUITY (DEFICIT)    
Short-term debt 18 7
Accounts and notes payable 611 680
Other current liabilities 303 351
TOTAL CURRENT LIABILITIES 932 1,038
LONG-TERM DEBT 1,079 965
RETIREMENT BENEFITS 729 775
OTHER LIABILITIES 304 309
TOTAL LIABILITIES $ 3,044 $ 3,087
COMMITMENTS AND CONTINGENCIES (See Note 19)    
EQUITY (DEFICIT):    
Common stock (June 30, 2015 and September 30, 2014, 98.8 and 97.8 shares issued and 96.6 and 97.8 shares outstanding, respectively) $ 99 $ 97
Additional paid-in capital 876 918
Accumulated deficit (793) (878)
Treasury stock, at cost (June 30, 2015 and September 30, 2014, 2.3 and 0.0 shares, respectively) (30) 0
Accumulated other comprehensive loss (770) (749)
Total deficit attributable to Meritor, Inc. (618) (612)
Noncontrolling interests 27 27
TOTAL DEFICIT (591) (585)
TOTAL LIABILITIES AND DEFICIT $ 2,453 $ 2,502