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CONDENSED CONSOLIDATED STATEMENT OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Mar. 31, 2021
Mar. 31, 2020
Mar. 31, 2021
Mar. 31, 2020
Income Statement [Abstract]        
Sales $ 983 $ 871 $ 1,872 $ 1,772
Cost of sales (835) (757) (1,609) (1,531)
GROSS PROFIT 148 114 263 241
Selling, general and administrative (69) (59) (134) (129)
Income from WABCO distribution termination 0 265 0 265
Other operating expense, net (2) (10) (9) (15)
OPERATING INCOME 77 310 120 362
Other income, net 23 14 37 24
Equity in earnings of affiliates 5 6 16 12
Interest expense, net (17) (16) (45) (30)
INCOME BEFORE INCOME TAXES 88 314 128 368
Provision for income taxes (22) (73) (29) (86)
INCOME FROM CONTINUING OPERATIONS 66 241 99 282
INCOME FROM DISCONTINUED OPERATIONS, net of tax 0 1 0 1
NET INCOME 66 242 99 283
Less: Net income attributable to noncontrolling interests (3) (1) (4) (3)
NET INCOME ATTRIBUTABLE TO MERITOR, INC. 63 241 95 280
NET INCOME ATTRIBUTABLE TO MERITOR, INC.        
Net income from continuing operations 63 240 95 279
Income from discontinued operations 0 1 0 1
Net income $ 63 $ 241 $ 95 $ 280
BASIC EARNINGS PER SHARE        
Continuing operations (in usd per share) $ 0.87 $ 3.27 $ 1.31 $ 3.68
Discontinued operations (in usd per share) 0 0.01 0 0.01
Basic earnings per share (in usd per share) 0.87 3.28 1.31 3.69
DILUTED EARNINGS PER SHARE        
Continuing operations (in usd per share) 0.86 3.19 1.30 3.58
Discontinued operations (in usd per share) 0 0.01 0 0.01
Diluted earnings per share (in usd per share) $ 0.86 $ 3.20 $ 1.30 $ 3.59
Basic average common shares outstanding (in shares) 72.4 73.4 72.3 75.8
Diluted average common shares outstanding (in shares) 73.4 75.3 73.3 78.0