XML 124 R109.htm IDEA: XBRL DOCUMENT v3.10.0.1
Guarantor Financial Information - Condensed Consolidating Statements of Cash Flows (Details) - USD ($)
$ in Millions
12 Months Ended
Sep. 30, 2018
Sep. 30, 2017
Sep. 30, 2016
Condensed Cash Flow Statements, Captions [Line Items]      
Cash flows (used in) provided by operating activities $ 320 $ (130) $ 311
Cash flows from investing activities      
Additions to property, plant and equipment (93) (68) (66)
Acquisitions, net of cash acquired (125) (68) (83)
Other investing activities, net 5 1 1
Return of advance from subsidiary 0 0  
Total cash used in investing activities (213) (135) (148)
Cash flows from financing activities      
Net transfers from (to) Ashland 0 5 (1,504)
Cash contributions from Ashland 0 0 60
Proceeds from initial public offering, net of offering costs of $40 0 0 719
Proceeds from borrowings, net of issuance costs 304 470 1,372
Repayments on borrowings (108) (90) (637)
Repurchases of common stock (325) (50) 0
Purchase of additional ownership in subsidiary (15)    
Cash dividends paid (58) (40) 0
Other financing activities (7) 0 0
Other intercompany activity, net 0 0 0
Total cash (used in) provided by financing activities (209) 295 10
Effect of currency exchange rate changes on cash and cash equivalents (3) (1) (1)
(Decrease) increase in cash and cash equivalents (105) 29 172
Cash and cash equivalents - beginning of year 201 172 0
Cash and cash equivalents - end of year 96 201 172
Reportable Legal Entities | Valvoline Inc. (Parent Issuer)      
Condensed Cash Flow Statements, Captions [Line Items]      
Cash flows (used in) provided by operating activities (57) 97 (35)
Cash flows from investing activities      
Additions to property, plant and equipment 0 0 0
Acquisitions, net of cash acquired 0 0 0
Other investing activities, net 0 0 0
Return of advance from subsidiary 312 (312)  
Total cash used in investing activities 312 (312) 0
Cash flows from financing activities      
Net transfers from (to) Ashland   5 (1,504)
Cash contributions from Ashland     60
Proceeds from initial public offering, net of offering costs of $40     719
Proceeds from borrowings, net of issuance costs 203 395 1,372
Repayments on borrowings (72) (90) (637)
Repurchases of common stock (325) (50)  
Purchase of additional ownership in subsidiary 0    
Cash dividends paid (58) (40)  
Other financing activities (3)    
Other intercompany activity, net 0 (5) 25
Total cash (used in) provided by financing activities (255) 215 35
Effect of currency exchange rate changes on cash and cash equivalents 0 0 0
(Decrease) increase in cash and cash equivalents 0 0 0
Cash and cash equivalents - beginning of year 0 0 0
Cash and cash equivalents - end of year 0 0 0
Reportable Legal Entities | Guarantor Subsidiaries      
Condensed Cash Flow Statements, Captions [Line Items]      
Cash flows (used in) provided by operating activities 390 (180) 307
Cash flows from investing activities      
Additions to property, plant and equipment (88) (64) (60)
Acquisitions, net of cash acquired (72) (68) (83)
Other investing activities, net 5 1 1
Return of advance from subsidiary 0 0  
Total cash used in investing activities (155) (131) (142)
Cash flows from financing activities      
Net transfers from (to) Ashland   0 0
Cash contributions from Ashland     0
Proceeds from initial public offering, net of offering costs of $40     0
Proceeds from borrowings, net of issuance costs 0 0 0
Repayments on borrowings 0 0 0
Repurchases of common stock 0 0  
Purchase of additional ownership in subsidiary 0    
Cash dividends paid 0 0  
Other financing activities (2)    
Other intercompany activity, net (312) 317 (72)
Total cash (used in) provided by financing activities (314) 317 (72)
Effect of currency exchange rate changes on cash and cash equivalents 0 0 0
(Decrease) increase in cash and cash equivalents (79) 6 93
Cash and cash equivalents - beginning of year 99 93 0
Cash and cash equivalents - end of year 20 99 93
Reportable Legal Entities | Non-Guarantor Subsidiaries      
Condensed Cash Flow Statements, Captions [Line Items]      
Cash flows (used in) provided by operating activities (13) (47) 39
Cash flows from investing activities      
Additions to property, plant and equipment (5) (4) (6)
Acquisitions, net of cash acquired (53) 0 0
Other investing activities, net 0 0 0
Return of advance from subsidiary 0 0  
Total cash used in investing activities (58) (4) (6)
Cash flows from financing activities      
Net transfers from (to) Ashland   0 0
Cash contributions from Ashland     0
Proceeds from initial public offering, net of offering costs of $40     0
Proceeds from borrowings, net of issuance costs 101 75 0
Repayments on borrowings (36) 0 0
Repurchases of common stock 0 0  
Purchase of additional ownership in subsidiary (15)    
Cash dividends paid 0 0  
Other financing activities (2)    
Other intercompany activity, net 0 0 47
Total cash (used in) provided by financing activities 48 75 47
Effect of currency exchange rate changes on cash and cash equivalents (3) (1) (1)
(Decrease) increase in cash and cash equivalents (26) 23 79
Cash and cash equivalents - beginning of year 102 79 0
Cash and cash equivalents - end of year 76 102 79
Eliminations      
Condensed Cash Flow Statements, Captions [Line Items]      
Cash flows (used in) provided by operating activities 0 0 0
Cash flows from investing activities      
Additions to property, plant and equipment 0 0 0
Acquisitions, net of cash acquired 0 0 0
Other investing activities, net 0 0 0
Return of advance from subsidiary (312) 312  
Total cash used in investing activities (312) 312 0
Cash flows from financing activities      
Net transfers from (to) Ashland   0 0
Cash contributions from Ashland     0
Proceeds from initial public offering, net of offering costs of $40     0
Proceeds from borrowings, net of issuance costs 0 0 0
Repayments on borrowings 0 0 0
Repurchases of common stock 0 0  
Purchase of additional ownership in subsidiary 0    
Cash dividends paid 0 0  
Other financing activities 0    
Other intercompany activity, net 312 (312) 0
Total cash (used in) provided by financing activities 312 (312) 0
Effect of currency exchange rate changes on cash and cash equivalents 0 0 0
(Decrease) increase in cash and cash equivalents 0 0 0
Cash and cash equivalents - beginning of year 0 0 0
Cash and cash equivalents - end of year $ 0 $ 0 $ 0