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CONDENSED CONSOLIDATED BALANCE SHEET - USD ($)
$ in Thousands
Dec. 31, 2021
Sep. 30, 2021
CURRENT ASSETS:    
Cash and cash equivalents $ 113,000 $ 101,000
Receivables, trade and other, net 555,000 534,000
Inventories 667,000 601,000
Other current assets 69,000 50,000
TOTAL CURRENT ASSETS 1,404,000 1,286,000
NET PROPERTY 508,000 517,000
GOODWILL 507,000 507,000
OTHER ASSETS 628,000 628,000
TOTAL ASSETS 3,047,000 2,938,000
CURRENT LIABILITIES:    
Short-term debt 74,000 19,000
Accounts and notes payable 635,000 573,000
Other current liabilities 270,000 308,000
TOTAL CURRENT LIABILITIES 979,000 900,000
LONG-TERM DEBT 1,027,000 1,008,000
RETIREMENT BENEFITS 183,000 191,000
OTHER LIABILITIES 220,000 224,000
TOTAL LIABILITIES 2,409,000 2,323,000
COMMITMENTS AND CONTINGENCIES (See Note 16)
EQUITY:    
Common stock (December 31, 2021 and September 30, 2021, 104.7 and 104.0 shares issued and 70.8 and 70.1 shares outstanding, respectively) 106,000 105,000
Additional paid-in capital 761,000 798,000
Retained earnings 1,006,000 935,000
Treasury stock, at cost (December 31, 2021 and September 30, 2021, 33.9 and 33.9 shares, respectively) (632,000) (632,000)
Accumulated other comprehensive loss (644,000) (632,000)
Total equity attributable to Meritor, Inc. 597,000 574,000
Noncontrolling interests 41,000 41,000
TOTAL EQUITY 638,000 615,000
TOTAL LIABILITIES AND EQUITY $ 3,047,000 $ 2,938,000