CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Sep. 30, 2019	Sep. 30, 2018
CURRENT ASSETS:
Cash and cash equivalents	$ 108	$ 115
Receivables, trade and other, net	551	588
Inventories	526	477
Other current assets	31	46
TOTAL CURRENT ASSETS	1,216	1,226
NET PROPERTY	515	483
GOODWILL	478	421
OTHER ASSETS	606	596
TOTAL ASSETS	2,815	2,726
CURRENT LIABILITIES:
Short-term debt	41	94
Accounts and notes payable	610	700
Other current liabilities	285	290
TOTAL CURRENT LIABILITIES	936	1,084
LONG-TERM DEBT	902	730
RETIREMENT BENEFITS	336	262
OTHER LIABILITIES	226	332
TOTAL LIABILITIES	2,400	2,408
COMMITMENTS AND CONTINGENCIES (NOTE 25)
MEZZANINE EQUITY
Convertible debt with cash settlement	0	1
EQUITY:
Common stock (September 30, 2019 and 2018, 104.1 and 102.2 shares issued and 81.4 and 84.9 shares outstanding, respectively)	104	102
Additional paid-in capital	803	787
Retained earnings	491	200
Treasury stock, at cost (September 30, 2019 and September 30, 2018, 22.7 and 17.3 shares, respectively)	(332)	(236)
Accumulated other comprehensive loss	(681)	(566)
Total equity attributable to Meritor, Inc.	385	287
Noncontrolling interests	30	30
TOTAL EQUITY	415	317
TOTAL LIABILITIES, MEZZANINE EQUITY AND EQUITY	$ 2,815	$ 2,726