Business Segment Information (Tables)

6 Months Ended

Mar. 31, 2021

Segment information is summarized as follows (in millions):


	Commercial Truck		Aftermarket & Industrial		Eliminations		Total
Three Months Ended March 31, 2021
External Sales	$	742	$	241	$	—	$	983
Intersegment Sales	35		6		(41)		—
Total Sales	$	777	$	247	$	(41)	$	983
Three Months Ended March 31, 2020 (1)
External Sales	$	598	$	273	$	—	$	871
Intersegment Sales	33		4		(37)		—
Total Sales	$	631	$	277	$	(37)	$	871


	Commercial Truck		Aftermarket & Industrial		Eliminations		Total
Six Months Ended March 31, 2021
External Sales	$	1,402	$	470	$	—	$	1,872
Intersegment Sales	66		11		(77)		—
Total Sales	$	1,468	$	481	$	(77)	$	1,872
Six Months Ended March 31, 2020 (1)
External Sales	$	1,229	$	543	$	—	$	1,772
Intersegment Sales	65		9		(74)		—
Total Sales	$	1,294	$	552	$	(74)	$	1,772

(1) Amounts for the three and six months ended March 31, 2020 have been recast to reflect reportable segment changes.

Schedule of Segment Income Attributable to Parent


	Three Months Ended March 31,				Six Months Ended March 31,
	2021		2020 (2)		2021		2020 (2)
Segment adjusted EBITDA:
Commercial Truck	$	73	$	58	$	136	$	115
Aftermarket & Industrial	34		46		69		85
Segment adjusted EBITDA	107		104		205		200
Unallocated legacy and corporate expense, net (1)	4		3		8		5

Interest expense, net	(17)		(16)		(45)		(30)
Provision for income taxes	(22)		(73)		(29)		(86)
Depreciation and amortization	(25)		(26)		(52)		(50)
Noncontrolling interests	(3)		(1)		(4)		(3)
Loss on sale of receivables	(1)		(1)		(2)		(2)

Restructuring	(2)		(10)		(8)		(15)
Brazil VAT Credit (3)	22		—		22		—
Transaction costs	—		(5)		—		(5)
Income from WABCO distribution termination	—		265		—		265


Income from continuing operations attributable to Meritor, Inc.	$	63	$	240	$	95	$	279

(1) Unallocated legacy and corporate income (expense), net represents items that are not directly related to the company's business segments. These items primarily include asbestos-related charges and settlements, pension and retiree medical costs associated with sold businesses, and other legacy costs for environmental and product liability.

(2) Amounts for the three and six months ended March 31, 2020 have been recast to reflect reportable segment changes.

(3) Amount relates to the one-time recognition of a value added tax credit in Brazil.

Schedule of Segment Assets


	March 31, 2021		September 30, 2020
Segment Assets:
Commercial Truck	$	1,920	$	1,666
Aftermarket & Industrial	679		658
Total segment assets	2,599		2,324
Corporate (1)	737		714
Less: Accounts receivable sold under off-balance sheet factoring programs (2)	(196)		(154)
Total assets	$	3,140	$	2,884

(1) Corporate assets consist primarily of cash, deferred income taxes and prepaid pension costs.

(2) At March 31, 2021 and September 30, 2020, segment assets include $196 million and $154 million, respectively, of accounts receivable sold under off-balance sheet accounts receivable factoring programs (see Note 7). These sold receivables are included in segment assets as the CODM reviews segment assets inclusive of these balances.