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CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS - USD ($)
$ in Millions
9 Months Ended
Jun. 30, 2019
Jun. 30, 2018
OPERATING ACTIVITIES    
CASH PROVIDED BY OPERATING ACTIVITIES (See Note 11) $ 194 $ 191
INVESTING ACTIVITIES    
Capital expenditures (63) (52)
Proceeds from sale of equity method investment 0 250
Cash paid for acquisition of AA Gear & Manufacturing, Inc. 0 (36)
Cash paid for investment in Transportation Power, Inc. (6) (6)
Proceeds from sale of a business 0 4
Proceeds from sale of assets 0 2
Proceeds from settlement of cross-currency swaps 17 0
CASH PROVIDED BY (USED FOR) INVESTING ACTIVITIES (52) 162
FINANCING ACTIVITIES    
Borrowings and securitization (46) (89)
Redemption of notes (24) (181)
Deferred issuance costs (4) 0
Other financing activities (2) (3)
Net change in debt (76) (273)
Repurchase of common stock (71) (63)
CASH USED FOR FINANCING ACTIVITIES (147) (336)
EFFECT OF CHANGES IN FOREIGN CURRENCY EXCHANGE RATES ON CASH AND CASH EQUIVALENTS 1 (5)
CHANGE IN CASH AND CASH EQUIVALENTS (4) 12
CASH AND CASH EQUIVALENTS AT BEGINNING OF PERIOD 115 88
CASH AND CASH EQUIVALENTS AT END OF PERIOD $ 111 $ 100