CONDENSED CONSOLIDATED BALANCE SHEET - USD ($) $ in Millions	Mar. 31, 2022	Sep. 30, 2021
CURRENT ASSETS:
Cash and cash equivalents	$ 115	$ 101
Receivables, trade and other, net	769	534
Inventories	719	601
Other current assets	60	50
TOTAL CURRENT ASSETS	1,663	1,286
NET PROPERTY	511	517
GOODWILL	504	507
OTHER ASSETS	644	628
TOTAL ASSETS	3,322	2,938
CURRENT LIABILITIES:
Short-term debt	114	19
Accounts and notes payable	779	573
Other current liabilities	297	308
TOTAL CURRENT LIABILITIES	1,190	900
LONG-TERM DEBT	1,025	1,008
RETIREMENT BENEFITS	171	191
OTHER LIABILITIES	216	224
TOTAL LIABILITIES	2,602	2,323
COMMITMENTS AND CONTINGENCIES (See Note 16)
EQUITY:
Common stock (March 31, 2022 and September 30, 2021, 104.7 and 104.0 shares issued and 70.8 and 70.1 shares outstanding, respectively)	106	105
Additional paid-in capital	765	798
Retained earnings	1,068	935
Treasury stock, at cost (March 31, 2022 and September 30, 2021, 33.9 and 33.9 shares, respectively)	(632)	(632)
Accumulated other comprehensive loss	(628)	(632)
Total equity attributable to Meritor, Inc.	679	574
Noncontrolling interests	41	41
TOTAL EQUITY	720	615
TOTAL LIABILITIES AND EQUITY	$ 3,322	$ 2,938