XML 142 R150.htm IDEA: XBRL DOCUMENT v3.3.0.814
QUARTERLY FINANCIAL INFORMATION (UNAUDITED) (Details) - USD ($)
$ / shares in Units, $ in Millions
3 Months Ended 12 Months Ended
Sep. 30, 2015
Jun. 30, 2015
Mar. 31, 2015
Dec. 31, 2014
Sep. 30, 2014
Jun. 30, 2014
Mar. 31, 2014
Dec. 31, 2013
Sep. 30, 2015
Sep. 30, 2014
Sep. 30, 2013
Quarterly Financial Information Disclosure [Abstract]                      
Sales $ 853 $ 909 $ 864 $ 879 $ 933 $ 979 $ 954 $ 900 $ 3,505 $ 3,766 $ 3,672
Cost of sales (745) (785) (749) (764) (793) (855) (836) (795) (3,043) (3,279) (3,277)
Gross margin 108 124 115 115 140 124 118 105 462 487 395
Provision for income taxes 18 (6) (6) (7) 0 (12) (8) (11) (1) (31) (64)
Net income (loss) (22) 14 43 30 4 234 3 13 65 254 (20)
Income (loss) from continuing operations attributable to Meritor, Inc. (21) 15 39 32 29 237 1 12 65 279 (15)
NET INCOME (LOSS) ATTRIBUTABLE TO MERITOR, INC. $ (21) $ 13 $ 43 $ 29 $ 3 $ 234 $ 1 $ 11 $ 64 $ 249 $ (22)
Basic income (loss) per share from continuing operations $ (0.22) $ 0.15 $ 0.40 $ 0.33 $ 0.30 $ 2.43 $ 0.01 $ 0.12 $ 0.67 $ 2.86 $ (0.15)
Diluted income (loss) per share from continuing operations $ (0.22) $ 0.15 $ 0.38 $ 0.32 $ 0.29 $ 2.34 $ 0.01 $ 0.12 $ 0.65 $ 2.81 $ (0.15)