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2006 Annual Report
The automotive landscape is changing at a faster
                                                            pace than ever before in our history. We realize that
                                                            we must also change to enable us to respond
                                                            quickly to market factors, while furthering our
                                                            ability to capitalize on the exciting opportunities in
                                                            the global vehicle markets.

                                                                            Fine-Tuning the Product Portfolio
                                                                            This fiscal year, we divested certain businesses that are no longer part
                                                                            of our long-term business strategy. Completing these transactions
                                                                            improved ArvinMeritor’s financial position and allowed us to focus
                                                                            resources on our core light and commercial vehicle businesses.
                                                                            Divestitures included:
                                                                              • Commercial vehicle off-highway brake assets
ArvinMeritor Shareowners,                                                     • Equity share in a Purolator filters joint venture in India
                                                                              • Purolator filters business in North America
                                                                              • Aftermarket exhaust business in North America
Fiscal year 2006 was significant for ArvinMeritor and for the motor
vehicle industry. We witnessed events that had a dramatic impact on           • Aftermarket ride control business in South Africa
customers worldwide, the vehicle manufacturers, and the entire supply         • Aftermarket motion control business in North America
chain. Record high sales in most of the markets we serve; notable
growth in regions such as China and India; and new technologies             Improving Our Cost Structure and Establishing the
                                                                            Optimal Global Footprint
designed to improve safety, reduce emissions and enhance driver
satisfaction, were offset by massive restructuring actions, bankruptcies,   Through a series of restructuring actions, we have taken steps to
production cuts, and rising raw material and energy costs.                  improve our cost structure across the company. While mindful of the
                                                                            impact these actions have on our employees, we are constantly
The automotive landscape is changing at a faster pace than ever
                                                                            assessing our global operations to identify ways to optimize our
before in our history. We, at ArvinMeritor, realize that we must also
                                                                            capacity, leverage human and capital resources, and strengthen our
change and continue to position our company in ways that enable us
                                                                            geographic footprint. Currently, fifty percent of the company’s sales are
to respond quickly to market factors while furthering our ability to
                                                                            in North America; thirty-eight percent are in Europe; and 12 percent
capitalize on the exciting opportunities in the global vehicle markets.
                                                                            are in Asia Pacific and other areas of the world.
Delivering Results and Increasing Financial Flexibility                     Our goal is to evolve the current geographic customer mix, through
I am proud of our team for the financial results and the impressive         restructuring, alliances and new operations, to a more strategic
capital structure improvement actions that we accomplished this year.       balance of one-third in North America; one-third in Europe; and one-
ArvinMeritor recorded sales of $9.2 billion from continuing operations,     third in South America, Asia Pacific and other growth markets. This
translating to top line growth of 4 percent. Despite market headwinds,      strategy will further improve our overall cost structure as we expand
we met financial expectations and improved the company’s balance            into regions like Eastern Europe, South America and Asia, while also
sheet, resulting in our becoming an even stronger competitor among          enabling us to better support our diversified customer base whose
the top-tier global automotive supplier group. Below are highlights:        operations are growing in many regions of the world.
    • Retired $672 million of mid-term debt                                 We also see great potential to penetrate Asian and other regional
                                                                            markets with products and services for which we are currently market
    • Extended long-term debt maturities by issuing $300 million of
                                                                            leaders in North America and Europe. As an example, we plan to
      convertible notes maturing in 2026
                                                                            expand our Commercial Vehicle Aftermarket (CVA) product and service
    • Established more than $1 billion of secured credit facilities that
                                                                            support business into Europe, as well as Asia and South America. With
      extend maturities to 2011 and 2012
                                                                            an established original equipment manufacturer presence in those
                                                                            regions, strong ArvinMeritor brands including Meritor and Euclid, and
ArvinMeritor, Inc. ■ 2006 Annual Report
years of distribution channel expertise, CVA represents a profitable growth      We will continue to share our accomplishments with you as we move
opportunity for ArvinMeritor, and one we are aggressively pursuing.              forward in this process.
Adding to our already significant presence in Asia Pacific, this year we
                                                                                 Looking Forward to 2007
established six new operations in China, and began building a new trailer
                                                                                 Fiscal year 2007 promises to be one of challenge and opportunity. We
axle and suspension manufacturing facility in Wuxi, China. And, to further
                                                                                 have a leadership team that I consider to be the best in the industry, a
accelerate our global expansion strategy, we are establishing a regional
                                                                                 strong portfolio of products, a growing and diverse customer base, and an
headquarters office in Asia. We are excited about the benefits this will
                                                                                 impressive global footprint.
provide as we identify, pursue, and manage new business ventures in that
part of the world.                                                               We have a workforce of more than 27,000 employees committed to
                                                                                 continuous improvement, with a passion for our industry, and a drive to
Driving the Business Forward                                                     win. We have the vision and strategy to differentiate ourselves as a global
We were pleased to welcome five new leaders to our executive                     systems leader through product development and technology capabilities
management team. Each adds a unique blend of industry background and             that can be applied across markets, like our wheel and axle lines. We are
experience to our existing strong management team. They are:                     developing products that will be “must-haves” for our customers, like our
                                                                                 new generation of electronic door latches. And we will continue to look for
  • Jay Craig, Vice President and Controller
                                                                                 strategic business alliances that build our portfolio, improve our global
  • Phil Martens, Senior Vice President and President,
                                                                                 reach and strengthen our research and development capabilities.
    Light Vehicle Systems
                                                                                 Moving beyond 2007, we also acknowledge the real possibilities that exist
  • Robert Ostrov, Senior Vice President, Human Resources, and
                                                                                 in other vehicle transportation markets. These markets may offer great
    Chief Diversity Officer
                                                                                 opportunities in the future.
  • Carsten Reinhardt, Senior Vice President and President,
    Commercial Vehicle Systems                                                   During this time of such rapid change in the global motor vehicle industry,
                                                                                 we are also changing to meet and exceed our customers’ expectations,
  • H. H. “Buddy” Wacaser, Senior Vice President and President,
                                                                                 and we are more confident than ever in the future of our company.
    Emissions Technologies
                                                                                 Thank you for your continued support.
In addition, we also announced the election of Mary Lehmann as
Vice President and Treasurer.

Building On a Strong Foundation
While we are pleased with the progress we made in 2006, we recognize
                                                                                                    Sincerely,
the need to accelerate change. Therefore, we recently launched an
exciting initiative at ArvinMeritor that we are calling Performance Plus. This
transformational program is designed to be much more than a cost
reduction activity. Performance Plus will define changes to our structure
and our culture that are necessary to maximize cost efficiencies; build
                                                                                                    Charles G. “Chip” McClure
manufacturing excellence; increase our research and development
                                                                                                    Chairman, CEO and President
commitment; further advance product innovation; identify new business
                                                                                                    December 11, 2006
opportunities; and ultimately, enable us to deliver greater shareowner value
through increased profitability.
A diverse team of employees representing top talent was selected from
across the company and is being led by members of the executive
leadership team. This team’s mission is to identify and implement major
initiatives in two key areas:
           Operational Excellence
           Material Optimization
           Manufacturing Excellence
           Lean Overhead
           Commercial Excellence
           Stronger Engineering, Research and Development Pipeline
           Product Growth
           Aftermarket Growth

                                                                                                                              ArvinMeritor, Inc. ■ 2006 Annual Report
UNITED STATES
       SECURITIES AND EXCHANGE COMMISSION
                                       WASHINGTON, D.C. 20549

                                            FORM 10-K
            ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF
                 THE SECURITIES EXCHANGE ACT OF 1934
                              For the Fiscal Year Ended October 1, 2006
                                  Commission File Number 1-15983



                                 ARVINMERITOR, INC.
                              (Exact name of registrant as specified in its charter)
              INDIANA                                                                   38-3354643
     (State or other jurisdiction of                                                    (I.R.S. Employer
    incorporation or organization)                                                     Identification No.)

     2135 West Maple Road
        Troy, Michigan                                                                  48084-7186
(Address of principal executive offices)                                                   (Zip Code)

           Registrant’s telephone number, including area code: (248) 435-1000


            SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT:
        Title of each class                                            Name of each exchange on which registered




        SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE




                          DOCUMENTS INCORPORATED BY REFERENCE
PART I
Item 1.      Business.




  Management’s Discussion and Analysis of Financial Condition and Results of Operations   Financial Statements and
Supplementary Data,




   Continuing Operations:




   Discontinued Operations:
Financial Statements and Supplementary
Data


                       Risk Factors


                                                                          Financial Statements and Supplementary Data




Business Strategies




       Minimize the Risks of Cyclicality Through Business Diversity.




          Products.



          Customers.


          Global Presence.




       Focus on Organic Growth While Reviewing Strategic Opportunities.
Grow Content Per Vehicle Through Technologically Advanced Systems and Modules.




Enhance Core Products to Address Safety and Environmental Issues.




Strengthen our Presence in Emerging Global Markets
Drive a Continuous Improvement Culture Focused on Return on Capital.




Products




                                                                                   Fiscal Year Ended
                                                                                     September 30,
                                                                            2006         2005          2004




     Light Vehicle Systems

     Emissions Technologies
Aperture Systems
Roof Systems.




Door Systems




Undercarriage Systems
Suspension Systems




Suspension Modules.



Wheel Products.




Commercial Vehicle Systems

Undercarriage and Drivetrain Systems
Truck Axles.




Drivelines and Other Products.



Suspension Systems and Trailer Products.
Braking Systems.




Transmissions.




Emissions Systems.
Specialty Systems
      Off-Highway Vehicle Products.




      Government Products.


      Specialty Vehicle Products.



      Discontinued Operations
      Light Vehicle Aftermarket.




      LVS Ride Control Systems.


Customers; Sales and Marketing




        Management’s Discussion and Analysis of Financial Condition and Results of Operations — Overview   — Results of
Operations.




                                                                                                           Management’s
Discussion and Analysis of Financial Condition and Results of Operations
                    Risk Factors


Competition
Risk Factors

Raw Materials and Supplies




Strategic Initiatives




      Restructuring.




                                                Financial Statements and Supplementary Data




      Divestitures.


  Financial Statements and Supplementary Data
Acquisitions and Other Growth Initiatives.




                  Risk Factors

Joint Ventures




                                  Financial Statements and Supplementary Data




Research and Development




Patents and Trademarks
Financial
Statements and Supplementary Data

Employees




                      Management’s Discussion and Analysis of Financial Condition and Results of Operations- Overview
                                                                   Financial Statements and Supplementary Data



Environmental Matters




                        Financial Statements and Supplementary Data
International Operations



                       Financial Statements and Supplementary Data

                   Risk Factors




                                                        Quantitative and Qualitative Disclosures About Market Risk
                                                              Financial Statements and Supplementary Data

Seasonality; Cyclicality




                                       Risk Factors




                                                                                           Year Ended September 30,
                                                                                   2006     2005     2004    2003     2002
Management’s Discussion and Analysis of Financial
Condition and Results of Operations — Overview    — Results of Operations


Available Information




Cautionary Statement




                        Business
                                                                                                    Risk Factors       Legal
Proceedings             Management’s Discussion and Analysis of Financial Condition and Results of Operations



Item 1A.      Risk Factors.




We operate in an industry that is cyclical and that has periodically experienced significant year-to-year fluctuations
in demand for vehicles; we also experience seasonal variations in demand for our products.
We depend on large OEM customers.




We operate in a highly competitive industry.




A disruption in supply or a significant increase in price of raw materials or parts could impact our production and
increase our costs.
Work stoppages or similar difficulties could significantly disrupt our operations.




Our international operations are subject to a number of risks.




Our liquidity, including our access to capital markets and financing, could be constrained by our credit ratings, our
ability to comply with financial covenants in our debt instruments, and our suppliers extending normal trade credit
terms on our purchases.
Our strategic initiatives may be unsuccessful, may take longer than anticipated, or may result in unanticipated
costs.




We are exposed to environmental, health and safety and product liabilities.




We are exposed to asbestos litigation liability.
We are exposed to the rising cost of pension and other post-retirement benefits, and are currently involved in
litigation the outcome of which could further increase these costs.
Item 1B.   Unresolved Staff Comments.



Item 2.    Properties.



                                                                                           Engineering Facilities,
                                                                                               Sales Offices,
                                                                       Manufacturing         Warehouses and
                                                                         Facilities           Service Centers




                                                            Financial Statements and Supplementary Data



                                              Owned Facilities                         Leased Facilities
           Location                  LVS       CVS       LVA       Other      LVS        CVS       LVA       Other   Total
                                                                  (in thousands of square feet)




Item 3.    Legal Proceedings
                Management’s Discussion and Analysis of Financial Condition and Results of Operations — Overview
                                                             Financial Statements and Supplementary Data
Financial Statements and Supplementary
Data
                       Business




Item 4.       Submission of Matters to a Vote of Security Holders.



Item 4A.      Executive Officers of the Registrant.



       Charles G. McClure, Jr.



       Vernon G. Baker, II
       Jeffrey A. Craig,



       Linda M. Cummins
       James D. Donlon, III



       Mary A. Lehmann


       Perry L. Lipe
       Philip R. Martens




       Robert Ostrov




       Carsten J. Reinhardt,
Rakesh Sachdev



     H. H. “Buddy” Wacaser



     Bonnie Wilkinson




                                                       PART II
Item 5.        Market for the Registrant’s Common Equity and Related Stockholder Matters.




                                                                      Fiscal Year 2006         Fiscal Year 2005
          Quarter Ended                                               High        Low          High        Low




                      Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
Item 6.       Selected Financial Data.


                                                                                        Management’s Discussion and
Analysis of Financial Condition and Results of Operations   Financial Statements and Supplementary Data
                                                                             Year Ended September 30,
SUMMARY OF OPERATIONS                                           2006       2005       2004        2003      2002




FINANCIAL POSITION AT SEPTEMBER 30
Item 7.    Management’s Discussion and Analysis of Financial Conditions and Results of Operations.

Overview
Market Outlook




                         Year Ended September 30
                  2006   2005     2004     2003    2002




Company Outlook
Results of Operations




                           Year Ended September 30,
                        2006          2005            2004
                               (in millions, except
                               per share amounts)
2006 Compared to 2005

  Sales




                                                                                 Dollar Change Due to
                                                       Dollar     %                   Acquisitions    Volume /
                                        2006   2005   Change    Change   Currency     Divestitures     Other




  Continuing Operations




  Business Segments
     Light Vehicle Systems (LVS)




     Commercial Vehicle Systems (CVS)
Operating Income (Loss) and Operating Margins


                                                       Operating Income                              Operating Margins
                                                                    $              %
                                                2006   2005      Change          Change       2006       2005        Change




                                                                                 LVS              CVS               Total
                                                                          2006         2005   2006   2005       2006    2005




  Business Segments
     LVS
CVS




Other Income Statement Items
  Equity in earnings of affiliates


  Interest expense, net and other




  Income tax benefit




  Minority interest




  Loss from continuing operations




  Loss from discontinued operations
2005 Compared to 2004

  Sales




                                                                   Dollar Change Due to
                                         Dollar     %                  Acquisitions / Volume /
                          2005   2004   Change    Change   Currency     Divestitures    Other




  Continuing Operations
Business Segments
  LVS




  CVS




Operating Income and Operating Margins


                                                Operating Income                    Operating Margins
                                                             $       %
                                         2005   2004     Change    Change   2005           2004    Change




                                                           LVS        CVS          Total
Business Segments
  LVS




  CVS




Other Income Statement Items
  Equity in earnings of affiliates
Interest expense, net and other




     Provision for income taxes



     Minority interest




     Income from continuing operations



     Loss from discontinued operations




Non-Consolidated Joint Ventures
Financial Condition

  Capitalization
                         September 30,
                       2006          2005




  Cash Flows

                          Fiscal Year Ended September 30,
                       2006           2005           2004
OPERATING CASH FLOWS
Cash provided by operating activities




                                         Fiscal Year Ended September 30,
                                        2006           2005          2004
INVESTING CASH FLOWS




Cash provided by investing activities
Fiscal Year September 30,
                                                    2006              2005           2004
     FINANCING CASH FLOWS




     Cash used for financing activities




Liquidity and Contractual Obligations


                                                                               2010–        There-
                                          Total   2007       2008     2009      2011         after
Revolving and Other Debt




Debt Securities
Convertible Notes




Accounts Receivable Securitization and Factoring
Off-Balance Sheet Arrangements
     Guarantees




Tender Offer




Critical Accounting Policies




     Pensions




                                        2006                 2005
                                 U.S.      Non-U.S.   U.S.      Non-U.S.




         discount rate
assumed return on plan assets




    rate of compensation




                                            Effect on All Plans — June 30, 2006
                                                                 Increase
                                                               (Decrease) in    Increase
                                                               Accumulated (Decrease)
                                   Percentage Increase             Other         in 2006
                                      Point     (Decrease) Comprehensive         Pension
                                     Change       in PBO           Loss         Expense




Retiree Medical
2006   2005




   discount rate



   health care cost trend rate




                                               2006   2005




Product Warranties




Asbestos — Maremont Corporation (“Maremont”)
Asbestos — Rockwell




Environmental
Goodwill




Impairment of Long-Lived Assets




Income Taxes
New Accounting Pronouncements

  New accounting standards to be implemented:
New accounting standards implemented




                                                             “Share-Based Payment,”




                                                                          “Accounting and Disclosure Guidance for the Foreign
Repatriation Provision within the American Jobs Creation Act of 2004.”




International Operations




Item 7A.      Quantitative and Qualitative Disclosures About Market Risk.
Sensitivity Analysis:




                                  Assuming a        Assuming a       Favorable /
                                10% Increase in   10% Decrease in   (Unfavorable)
                                    Rates             Rates           Impact on
Market Risk
Foreign Currency Sensitivity:



Interest Rate Sensitivity:
Item 8.     Financial Statements and Supplementary Data.

Report of Independent Registered Public Accounting Firm




  Internal Control—Integrated Framework
ARVINMERITOR, INC.
                           CONSOLIDATED STATEMENT OF OPERATIONS
                             (In millions, except per share amounts)
                                                                                                 Year Ended September 30,
                                                                                               2006        2005        2004




See Notes to Consolidated Financial Statements. Fiscal year 2005 amounts have been restated for discontinued operations.
ARVINMERITOR, INC.
                                     CONSOLIDATED BALANCE SHEET
                                             (In millions)
                                                                                                             September 30,
                                                                                                           2006        2005
                                               ASSETS




                            LIABILITIES AND SHAREOWNERS’ EQUITY




See Notes to Consolidated Financial Statements. Fiscal year 2005 amounts have been restated for discontinued operations.
ARVINMERITOR, INC.
                         CONSOLIDATED STATEMENT OF CASH FLOWS
                                       (In millions)
                                                                                            Year Ended September 30,
                                                                                                      2005      2004
                                                                                            2006




See Notes to Consolidated Financial Statements. Fiscal year 2005 and 2004 amounts have been restated for discontinued
operations.
ARVINMERITOR, INC.
CONSOLIDATED STATEMENT OF SHAREOWNERS’ EQUITY
       (In millions, except per share amounts)
                                                            Year Ended September 30,
                                                            2006     2005      2004




          See Notes to Consolidated Financial Statements.
ARVINMERITOR, INC.
                        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS
1.      BASIS OF PRESENTATION




2.      SIGNIFICANT ACCOUNTING POLICIES

     Use of Estimates




     Consolidation and Joint Ventures




     Foreign Currency
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Impairment of Long-Lived Assets




Discontinued Operations




Revenue Recognition




Allowance for Doubtful Accounts




Earnings per Share




                                                          September 30,
                                                       2006   2005    2004
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Other




New Accounting Standards

New accounting standards to be implemented:
ARVINMERITOR, INC.
           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)



     New accounting standards implemented:




                                                             “Share-Based Payment,”




                                                                          “Accounting and Disclosure Guidance for the Foreign
Repatriation Provision within the American Jobs Creation Act of 2004.”




3.      DISCONTINUED OPERATIONS

     Light Vehicle Aftermarket
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Light Vehicle Ride Control
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Coil Coating




                                              Year Ended September 30,
                                              2006     2005       2004




                                                          September 30,
                                                          2006    2005
ARVINMERITOR, INC.
       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
4.   GOODWILL




                                                  LVS   CVS   Total
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
5.   RESTRUCTURING COSTS




     Fiscal year 2005 program:




     Other restructuring actions:
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
     Fiscal year 2004 actions




                                                  Employee                    Plant
                                                 Termination     Asset      Shutdown
                                                   Benefits    Impairment    & Other   Total




6.   ACQUISITIONS AND DIVESTITURES
ARVINMERITOR, INC.
       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




7.   ACCOUNTS RECEIVABLE SECURITIZATION AND FACTORING
ARVINMERITOR, INC.
       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




8.   OTHER INCOME (EXPENSE)



                                                   Year Ended September 30,
                                                   2006      2005         2004




9.   INVENTORIES




                                                          September 30,
                                                          2006      2005
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
10.   OTHER CURRENT ASSETS



                                                    September 30,
                                                   2006     2005




11.   NET PROPERTY




                                                    September 30,
                                                   2006       2005
ARVINMERITOR, INC.
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
12.   OTHER ASSETS


                                                                                 September 30,
                                                                               2006       2005




                                            “Accounting for the Costs of Computer Software Developed or Obtained
for Internal Use,”




13.   INVESTMENTS IN NON-CONSOLIDATED JOINT VENTURES
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

                                                       September 30,
                                                      2006      2005




                                                   Year Ended
                                                  September 30,
                                               2006     2005     2004




                                                       September 30,
                                                      2006      2005




                                        Year Ended September 30,
                                        2006          2005      2004
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
14.   OTHER CURRENT LIABILITIES


                                                              September 30,
                                                              2006     2005




                                                       2006   2005     2004
ARVINMERITOR, INC.
         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




15.   OTHER LIABILITIES


                                                     September 30,
                                                     2006       2005




16.   LONG-TERM DEBT


                                                    September 30,
                                                   2006      2005




                                                                       Convertible
      Securities
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
  Debt Securities




                                                                   Interest
Rate Swaps




  Investment in Debt Defeasance Trust




  Convertible Securities




                                                Debt Securities
ARVINMERITOR, INC.
           NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




                                                                Senior Secured
Credit Facilities

   Subordinated Debentures




   Senior Secured Credit Facilities
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Accounts Receivable Securitization




Related Parties




Interest Rate Swap Agreements
ARVINMERITOR, INC.
     NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Leases




Covenants
ARVINMERITOR, INC.
            NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
17.      FINANCIAL INSTRUMENTS




      Foreign Exchange Contracts




      Fair Value


                                                               September 30,
                                                        2006                   2005
                                                  Carrying      Fair    Carrying       Fair
                                                   Value       Value     Value        Value
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




18.   SHAREOWNERS’ EQUITY

  Common Stock




  Treasury Stock
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
  Accumulated Other Comprehensive Loss



                                                          Foreign     Minimum       Unrealized
                                                         Currency     Pension          Gains
                                                        Translation   Liability      (Losses)       Total




19.   EQUITY BASED COMPENSATION

  Stock Options




                                                                                  Remaining      Aggregate
                                                                      Exercise    Contractual     Intrinsic
                                                            Shares     Price         Life           Value
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)


                                                                           Outstanding                      Exercisable
                                                                           Remaining
                                                                           Contractual      Exercise              Exercise
                                                                  Shares      Life           Price       Shares    Price




                                                                                         2004




Restricted Stock, Restricted Units, and Performance Share Units




                                                                                            Weighted-
                                                                                             Average
                                                                            Number of       Grant-Date
                 Nonvested Shares                                            Shares         Fair Value
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




20.   RETIREMENT MEDICAL PLANS
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)


                                    2006   2005          2004




                                                  2006      2005




                                                  2006      2005
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




                                                September 30,
                                               2006      2005




                                        2006    2005     2004
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)


                                                                                 2006          2005




21.   RETIREMENT PENSION PLANS




                                                                        U.S. Plans
                                                          2006            2005          2004
             Assumptions as of June 30




                                                              Non-U.S. Plans
          Assumptions as of June 30               2006           2005                   2004
ARVINMERITOR, INC.
       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




                                       2006                       2005
June 30 measurement date      U.S.   Non- U.S.   Total   U.S.   Non- U.S.   Total
ARVINMERITOR, INC.
       NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




                                                   2006                        2005
                                         U.S.             Non-U.S.      U.S.          Non-U.S.




                                         2006                                   2005
June 30 measurement date         U.S.   Non-U.S.          Total      U.S.      Non-U.S.          Total
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

                                     2006                                   2005
                         U.S.       Non-U.S.          Total       U.S.     Non-U.S.   Total




                                                                   September 30,
                                                                  2006      2005




                                        2006                                 2005
                            ABO        Assets                      ABO      Assets
                          Exceeds     Exceeds                    Exceeds   Exceeds
                           Assets       ABO            Total      Assets     ABO      Total




                                               2006            2005        2004
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)



                                          U.S.          Non U.S.    Total




22.   INCOME TAXES


                                                 2006      2005    2004
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)


                                                September 30,
                                               2006          2005




                                         September 30,
                                        2006          2005
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




                                          2006   2005   2004
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)


                                                2006   2005   2004




23.   CONTINGENCIES

  Environmental
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

                                              Superfund   Non-Superfund
                                                Sites         Sites       Total




Asset Retirement Obligations




Asbestos
   Maremont Corporation
ARVINMERITOR, INC.
   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)


                                                  September 30,
                                                  2006     2005




Pending and Future Claims:
ARVINMERITOR, INC.
   NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Shortfall and other:




Recoveries:




Rockwell
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Contingencies Related to Work Stoppage




Product Recall Campaign
ARVINMERITOR, INC.
          NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)



  Guarantees




  Indemnifications




  Other




24.   BUSINESS SEGMENT INFORMATION
ARVINMERITOR, INC.
         NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




Sales:                                                2006   2005   2004




Earnings:                                             2006   2005   2004




Depreciation and Amortization:                        2006   2005   2004




Capital Expenditures:                                 2006   2005   2004
ARVINMERITOR, INC.
      NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
Segment Assets:                                                            2006      2005          2004




Sales by Geographic Area:                                                 2006    2005      2004




Assets by Geographic Area (excludes assets of discontinued operations):           2006      2005
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




25.   QUARTERLY FINANCIAL INFORMATION (UNAUDITED)




                                                          2006 Fiscal Quarters (Unaudited)
                                               First   Second           Third           Fourth     2006
                                                       (In millions, except share- related data)




                                                          2005 Fiscal Quarters (Unaudited)
                                               First   Second            Third           Fourth    2005
                                                        (In millions, except share-related data)
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)




26.   SUPPLEMENTAL FINANCIAL INFORMATION

                                                              2006       2005         2004
                                                                      (In millions)




27.   SUPPLEMENTAL GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
   CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
                     (In millions)
                                        Fiscal Year Ended September 30, 2006
                           Parent   Guarantors   Non-Guarantors      Elims     Consolidated
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
   CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
                     (In millions)
                                       Fiscal Year Ended September 30, 2005
                          Parent   Guarantors   Non-Guarantors     Elims      Consolidated
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
   CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS
                     (In millions)
                                         Fiscal Year Ended September 30, 2004
                            Parent   Guarantors   Non-Guarantors     Elims      Consolidated
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
        CONDENSED CONSOLIDATING BALANCE SHEET
                     (In millions)
                                               September 30, 2006
                         Parent   Guarantors   Non- Guarantors      Elims   Consolidated
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
        CONDENSED CONSOLIDATING BALANCE SHEET
                     (In millions)
                                                September 30, 2005
                          Parent   Guarantors    Non-Guarantors      Elims   Consolidated
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
   CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
                     (In millions)
                                       Fiscal Year Ended September 30, 2006
                           Parent   Guarantors   Non- Guarantors    Elims     Consolidated
ARVINMERITOR, INC.
NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
   CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
                     (In millions)
                                        Fiscal Year Ended September 30, 2005
                            Parent   Guarantors   Non-Guarantors     Elims     Consolidated
ARVINMERITOR, INC.
        NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued)
            CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS
                              (In millions)
                                                Fiscal Year Ended September 30, 2004
                                   Parent   Guarantors    Non-Guarantors      Elims    Consolidated




28.   SUBSEQUENT EVENT
Item 9A.    Controls and Procedures.

Disclosure Controls and Procedures




Management Report on Internal Control over Financial Reporting




      Internal Control – Integrated Framework




Report of Independent Registered Public Accounting Firm




                                                     Internal Control—Integrated Framework
Internal Control—Integrated
Framework

                  Internal Control—Integrated Framework




Changes in Internal Control Over Financial Reporting




Item 9B.    Other Information.
PART III
Item 10.      Directors and Executive Officers of the Registrant.
                                                Election of Directors, Information as to Nominees for Directors and Continuing
Directors, Involvement in Certain Legal Proceedings      Section 16(a) Beneficial Ownership Reporting Compliance




Item 11.      Executive Compensation.
                                               Compensation of Directors Executive Compensation, Agreements with Named
Executive Officers   Retirement Benefits

Item 12.      Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters.

Security Ownership of Certain Beneficial Owners and Management
                                             Voting Securities     Ownership by Management of Equity Securities


Securities Authorized for Issuance under Equity Compensation Plans
                                           Securities Authorized for Issuance under Other Equity Compensation Plans


Item 13.      Certain Relationships and Related Transactions.
Item 14.   Principal Accountant Fees and Services.
                                     Independent Accountants’ Fees

                                                 PART IV
Item 15.   Exhibits and Financial Statement Schedules.




                                                                     Page
SIGNATURES
SCHEDULE II
                                      ARVINMERITOR, INC.

                              VALUATION AND QUALIFYING ACCOUNTS
                        For the Year Ended September 30, 2006, 2005, 2004
                                                   Balance at     Charged
                                                   Beginning      to costs       Other      Balance at End
Description (In millions)                           of Year     and expenses   Deductions       of year
Board of Directors




Charles G. McClure                        Joseph B. Anderson, Jr.   Rhonda L. Brooks           David W. Devonshire        Ivor J. Evans
Chairman of the Board                     Chairman of the Board     President                  Executive Vice President   Retired Vice Chairman
Chief Executive Officer                   and Chief Executive                                  and Chief Financial
                                                                    R. Brooks Advisors, Inc.                              Union Pacific Railroad
and President                             Officer                                              Officer
ArvinMeritor, Inc.                        TAG Holdings, LLC                                    Motorola, Inc.




 Joseph P. Flannery                       William D. George, Jr.    Richard W. Hanselman       Victoria B. Jackson        James E. Marley
 Chairman of the Board                    Retired President and     Chairman of the Board      President                  Retired Chairman
 President and Chief                      Chief Executive Officer                                                         of the Board
                                                                    Forward Air Corporation    Victoria Bellè, Inc.
 Executive Officer                        S.C. Johnson Wax                                                                AMP Inc.
 Uniroyal Holding, Inc.




 William R. Newlin                        Steven G. Rothmeier       Andrew J. Schindler
 Executive Vice President                 Chairman and              Retired Chairman
 and Chief Administrative                 Chief Executive Officer   Reynolds American Inc.
 Officer                                  Great Northern Capital
 Dick’s Sporting
 Goods, Inc.




ArvinMeritor, Inc. ■ 2006 Annual Report
Executive Officers




Charles G. McClure        Vernon G. Baker, II        Jeffrey A. Craig        Linda M. Cummins                 James D. Donlon, III
Chairman of the Board     Senior Vice President      Vice President          Senior Vice President,           Senior Vice President
Chief Executive Officer   and General Counsel        and Controller          Communications                   and Chief Financial
and President                                                                                                 Officer




Mary A. Lehmann           Perry L. Lipe              Philip R. Martens       Robert Ostrov                    Carsten J. Reinhardt
Vice President and        Senior Vice President      Senior Vice President   Senior Vice President,           Senior Vice President
Treasurer                 and Chief Information      and President, Light    Human Resources                  and President,
                          Officer                    Vehicle Systems                                          Commercial Vehicle
                                                                                                              Systems




Rakesh Sachdev            H. H. Wacaser              Bonnie Wilkinson
Senior Vice President,    Senior Vice President      Vice President
Strategy and Corporate    and President, Emissions   and Secretary
Development               Technologies




                                                                                                      ArvinMeritor, Inc. ■ 2006 Annual Report
Shareowner Information

Annual Meeting                                                               Independent Auditors
The company’s annual meeting of shareowners will be held in Troy, Mich.,     Deloitte & Touche LLP
on Friday, Jan. 26, 2007. A notice of meeting and proxy material will be     600 Renaissance Center
mailed to shareowners on or about Dec. 11, 2006.                             Detroit, MI 48243-1704
                                                                             Phone: (313) 396-3000
ArvinMeritor Headquarters
                                                                             Investor Relations
2135 West Maple Road
Troy, MI 48084-7186                                                          Security analysts and professional investors should contact:
Phone: (248) 435-1000                                                             Investor Relations
Fax: (248) 435-1393                                                               2135 West Maple Road
www.arvinmeritor.com                                                              Troy, MI 48084-7186
                                                                                  www.arvinmeritor.com/investor/investor.asp
Board Communications                                                              Phone: (866) INFO-ARM or (866) 463-6276
For questions or concerns with respect to internal controls, auditing and         Fax: (248) 435-1189
accounting matters, you may contact the Audit Committee of the Board of           E-mail: investor.relations@arvinmeritor.com
Directors at the following address:
                                                                             Copies of annual reports, Forms 10-K and 10-Q, and
     ArvinMeritor Audit Committee
                                                                             other ArvinMeritor publications can be obtained at
     330 East Maple Road
                                                                             www.arvinmeritor.com/investor/investor.asp or by
     PMB 315
                                                                             calling (866) INFO-ARM or (866) 463-6276.
     Birmingham, MI 48009
     E-mail: audit.committee@arvinmeritor.com                                New York Stock Exchange
For other questions or concerns, you may contact the Board of Directors at   Common Stock (Symbol: ARM)
the following address:
      ArvinMeritor Board of Directors                                        Shareowner Services
      330 East Maple Road                                                    Communications about share ownership, book-entry accounts,
      PMB 335                                                                dividend payments, transfer requirements, changes of address,
      Birmingham, MI 48009                                                   lost stock certificates and account status should be directed to:
                                                                                   The Bank of New York
Corporate Media Relations
                                                                                   Church Street Station
Members of the media should contact:                                               P.O. Box 11258
   Media Relations                                                                 New York, NY 10286-1258
   Phone: (248) 435-7115                                                           Toll Free: (866) 517-4570
                                                                                   www.stockbny.com
Dividend Reinvestment and Additional Investments in
ArvinMeritor Common Stock                                                    Transfer Agent and Registrar
The Bank of New York provides the BuyDIRECT Program for ArvinMeritor         The Bank of New York
shareowners, under which current shareowners may elect to reinvest           Church Street Station
dividends and/or make optional cash investments in additional shares of      P.O. Box 11258
ArvinMeritor common stock. The program also allows cash investments in       New York, NY 10286-1258
ArvinMeritor common stock by first-time investors, with a $500 minimum       Toll Free: (866) 517-4570
initial investment. Shareowners may also sell their shares through the       www.stockbny.com
BuyDIRECT Program.
Requests for a brochure about the BuyDIRECT Program,
and communications about sale of shares, optional cash investments and
liquidations should be directed to:
      The Bank of New York
      Dividend Reinvestment Department
      P.O. Box 1958
      Newark, NJ 07101-9774
      Toll Free: (866) 517-4570
He    adquartered in Troy, Mich., U.S., ArvinMeritor is a premier

                                                           supplier to the global motor vehicle industry. With approximately

                                                           27,000 employees in 26 countries, the company supplies a broad

                                                           range of integrated systems, modules and components to light

                                                           vehicle, commercial truck, trailer and specialty original equipment

                                                           manufacturers and certain aftermarkets. ArvinMeritor products are

                                                           part of virtually every vehicle on the road.

                                                           ArvinMeritor is built on a tradition of responsiveness, quality and

                                                           service. With 112 manufacturing facilities around the world, the

                                                           company has the scale and scope to provide effective, integrated

                                                           automotive solutions to meet its customers’ changing needs – when

                                                           and where they are needed.

                                                           The company’s common stock is traded on the New York Stock

                                                           Exchange under the ticker symbol ARM. To learn more, visit our Web
                                                           site at www.arvinmeritor.com.




ArvinMeritor, Inc.
2135 West Maple Road
Troy, MI 48084 USA
(248) 435-1000         © Copyright 2006     Litho in USA
www.arvinmeritor.com   ArvinMeritor, Inc.   Issued 12-06

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Arvinmeritor armannual06

  • 2. The automotive landscape is changing at a faster pace than ever before in our history. We realize that we must also change to enable us to respond quickly to market factors, while furthering our ability to capitalize on the exciting opportunities in the global vehicle markets. Fine-Tuning the Product Portfolio This fiscal year, we divested certain businesses that are no longer part of our long-term business strategy. Completing these transactions improved ArvinMeritor’s financial position and allowed us to focus resources on our core light and commercial vehicle businesses. Divestitures included: • Commercial vehicle off-highway brake assets ArvinMeritor Shareowners, • Equity share in a Purolator filters joint venture in India • Purolator filters business in North America • Aftermarket exhaust business in North America Fiscal year 2006 was significant for ArvinMeritor and for the motor vehicle industry. We witnessed events that had a dramatic impact on • Aftermarket ride control business in South Africa customers worldwide, the vehicle manufacturers, and the entire supply • Aftermarket motion control business in North America chain. Record high sales in most of the markets we serve; notable growth in regions such as China and India; and new technologies Improving Our Cost Structure and Establishing the Optimal Global Footprint designed to improve safety, reduce emissions and enhance driver satisfaction, were offset by massive restructuring actions, bankruptcies, Through a series of restructuring actions, we have taken steps to production cuts, and rising raw material and energy costs. improve our cost structure across the company. While mindful of the impact these actions have on our employees, we are constantly The automotive landscape is changing at a faster pace than ever assessing our global operations to identify ways to optimize our before in our history. We, at ArvinMeritor, realize that we must also capacity, leverage human and capital resources, and strengthen our change and continue to position our company in ways that enable us geographic footprint. Currently, fifty percent of the company’s sales are to respond quickly to market factors while furthering our ability to in North America; thirty-eight percent are in Europe; and 12 percent capitalize on the exciting opportunities in the global vehicle markets. are in Asia Pacific and other areas of the world. Delivering Results and Increasing Financial Flexibility Our goal is to evolve the current geographic customer mix, through I am proud of our team for the financial results and the impressive restructuring, alliances and new operations, to a more strategic capital structure improvement actions that we accomplished this year. balance of one-third in North America; one-third in Europe; and one- ArvinMeritor recorded sales of $9.2 billion from continuing operations, third in South America, Asia Pacific and other growth markets. This translating to top line growth of 4 percent. Despite market headwinds, strategy will further improve our overall cost structure as we expand we met financial expectations and improved the company’s balance into regions like Eastern Europe, South America and Asia, while also sheet, resulting in our becoming an even stronger competitor among enabling us to better support our diversified customer base whose the top-tier global automotive supplier group. Below are highlights: operations are growing in many regions of the world. • Retired $672 million of mid-term debt We also see great potential to penetrate Asian and other regional markets with products and services for which we are currently market • Extended long-term debt maturities by issuing $300 million of leaders in North America and Europe. As an example, we plan to convertible notes maturing in 2026 expand our Commercial Vehicle Aftermarket (CVA) product and service • Established more than $1 billion of secured credit facilities that support business into Europe, as well as Asia and South America. With extend maturities to 2011 and 2012 an established original equipment manufacturer presence in those regions, strong ArvinMeritor brands including Meritor and Euclid, and ArvinMeritor, Inc. ■ 2006 Annual Report
  • 3. years of distribution channel expertise, CVA represents a profitable growth We will continue to share our accomplishments with you as we move opportunity for ArvinMeritor, and one we are aggressively pursuing. forward in this process. Adding to our already significant presence in Asia Pacific, this year we Looking Forward to 2007 established six new operations in China, and began building a new trailer Fiscal year 2007 promises to be one of challenge and opportunity. We axle and suspension manufacturing facility in Wuxi, China. And, to further have a leadership team that I consider to be the best in the industry, a accelerate our global expansion strategy, we are establishing a regional strong portfolio of products, a growing and diverse customer base, and an headquarters office in Asia. We are excited about the benefits this will impressive global footprint. provide as we identify, pursue, and manage new business ventures in that part of the world. We have a workforce of more than 27,000 employees committed to continuous improvement, with a passion for our industry, and a drive to Driving the Business Forward win. We have the vision and strategy to differentiate ourselves as a global We were pleased to welcome five new leaders to our executive systems leader through product development and technology capabilities management team. Each adds a unique blend of industry background and that can be applied across markets, like our wheel and axle lines. We are experience to our existing strong management team. They are: developing products that will be “must-haves” for our customers, like our new generation of electronic door latches. And we will continue to look for • Jay Craig, Vice President and Controller strategic business alliances that build our portfolio, improve our global • Phil Martens, Senior Vice President and President, reach and strengthen our research and development capabilities. Light Vehicle Systems Moving beyond 2007, we also acknowledge the real possibilities that exist • Robert Ostrov, Senior Vice President, Human Resources, and in other vehicle transportation markets. These markets may offer great Chief Diversity Officer opportunities in the future. • Carsten Reinhardt, Senior Vice President and President, Commercial Vehicle Systems During this time of such rapid change in the global motor vehicle industry, we are also changing to meet and exceed our customers’ expectations, • H. H. “Buddy” Wacaser, Senior Vice President and President, and we are more confident than ever in the future of our company. Emissions Technologies Thank you for your continued support. In addition, we also announced the election of Mary Lehmann as Vice President and Treasurer. Building On a Strong Foundation While we are pleased with the progress we made in 2006, we recognize Sincerely, the need to accelerate change. Therefore, we recently launched an exciting initiative at ArvinMeritor that we are calling Performance Plus. This transformational program is designed to be much more than a cost reduction activity. Performance Plus will define changes to our structure and our culture that are necessary to maximize cost efficiencies; build Charles G. “Chip” McClure manufacturing excellence; increase our research and development Chairman, CEO and President commitment; further advance product innovation; identify new business December 11, 2006 opportunities; and ultimately, enable us to deliver greater shareowner value through increased profitability. A diverse team of employees representing top talent was selected from across the company and is being led by members of the executive leadership team. This team’s mission is to identify and implement major initiatives in two key areas: Operational Excellence Material Optimization Manufacturing Excellence Lean Overhead Commercial Excellence Stronger Engineering, Research and Development Pipeline Product Growth Aftermarket Growth ArvinMeritor, Inc. ■ 2006 Annual Report
  • 4.
  • 5. UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549 FORM 10-K ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the Fiscal Year Ended October 1, 2006 Commission File Number 1-15983 ARVINMERITOR, INC. (Exact name of registrant as specified in its charter) INDIANA 38-3354643 (State or other jurisdiction of (I.R.S. Employer incorporation or organization) Identification No.) 2135 West Maple Road Troy, Michigan 48084-7186 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (248) 435-1000 SECURITIES REGISTERED PURSUANT TO SECTION 12(b) OF THE ACT: Title of each class Name of each exchange on which registered SECURITIES REGISTERED PURSUANT TO SECTION 12(g) OF THE ACT: NONE DOCUMENTS INCORPORATED BY REFERENCE
  • 6.
  • 7. PART I Item 1. Business. Management’s Discussion and Analysis of Financial Condition and Results of Operations Financial Statements and Supplementary Data, Continuing Operations: Discontinued Operations:
  • 8. Financial Statements and Supplementary Data Risk Factors Financial Statements and Supplementary Data Business Strategies Minimize the Risks of Cyclicality Through Business Diversity. Products. Customers. Global Presence. Focus on Organic Growth While Reviewing Strategic Opportunities.
  • 9. Grow Content Per Vehicle Through Technologically Advanced Systems and Modules. Enhance Core Products to Address Safety and Environmental Issues. Strengthen our Presence in Emerging Global Markets
  • 10. Drive a Continuous Improvement Culture Focused on Return on Capital. Products Fiscal Year Ended September 30, 2006 2005 2004 Light Vehicle Systems Emissions Technologies
  • 11. Aperture Systems Roof Systems. Door Systems Undercarriage Systems Suspension Systems Suspension Modules. Wheel Products. Commercial Vehicle Systems Undercarriage and Drivetrain Systems Truck Axles. Drivelines and Other Products. Suspension Systems and Trailer Products.
  • 13. Specialty Systems Off-Highway Vehicle Products. Government Products. Specialty Vehicle Products. Discontinued Operations Light Vehicle Aftermarket. LVS Ride Control Systems. Customers; Sales and Marketing Management’s Discussion and Analysis of Financial Condition and Results of Operations — Overview — Results of Operations. Management’s Discussion and Analysis of Financial Condition and Results of Operations Risk Factors Competition
  • 14. Risk Factors Raw Materials and Supplies Strategic Initiatives Restructuring. Financial Statements and Supplementary Data Divestitures. Financial Statements and Supplementary Data
  • 15. Acquisitions and Other Growth Initiatives. Risk Factors Joint Ventures Financial Statements and Supplementary Data Research and Development Patents and Trademarks
  • 16. Financial Statements and Supplementary Data Employees Management’s Discussion and Analysis of Financial Condition and Results of Operations- Overview Financial Statements and Supplementary Data Environmental Matters Financial Statements and Supplementary Data
  • 17. International Operations Financial Statements and Supplementary Data Risk Factors Quantitative and Qualitative Disclosures About Market Risk Financial Statements and Supplementary Data Seasonality; Cyclicality Risk Factors Year Ended September 30, 2006 2005 2004 2003 2002
  • 18. Management’s Discussion and Analysis of Financial Condition and Results of Operations — Overview — Results of Operations Available Information Cautionary Statement Business Risk Factors Legal Proceedings Management’s Discussion and Analysis of Financial Condition and Results of Operations Item 1A. Risk Factors. We operate in an industry that is cyclical and that has periodically experienced significant year-to-year fluctuations in demand for vehicles; we also experience seasonal variations in demand for our products.
  • 19. We depend on large OEM customers. We operate in a highly competitive industry. A disruption in supply or a significant increase in price of raw materials or parts could impact our production and increase our costs.
  • 20. Work stoppages or similar difficulties could significantly disrupt our operations. Our international operations are subject to a number of risks. Our liquidity, including our access to capital markets and financing, could be constrained by our credit ratings, our ability to comply with financial covenants in our debt instruments, and our suppliers extending normal trade credit terms on our purchases.
  • 21. Our strategic initiatives may be unsuccessful, may take longer than anticipated, or may result in unanticipated costs. We are exposed to environmental, health and safety and product liabilities. We are exposed to asbestos litigation liability.
  • 22. We are exposed to the rising cost of pension and other post-retirement benefits, and are currently involved in litigation the outcome of which could further increase these costs.
  • 23. Item 1B. Unresolved Staff Comments. Item 2. Properties. Engineering Facilities, Sales Offices, Manufacturing Warehouses and Facilities Service Centers Financial Statements and Supplementary Data Owned Facilities Leased Facilities Location LVS CVS LVA Other LVS CVS LVA Other Total (in thousands of square feet) Item 3. Legal Proceedings Management’s Discussion and Analysis of Financial Condition and Results of Operations — Overview Financial Statements and Supplementary Data
  • 24. Financial Statements and Supplementary Data Business Item 4. Submission of Matters to a Vote of Security Holders. Item 4A. Executive Officers of the Registrant. Charles G. McClure, Jr. Vernon G. Baker, II Jeffrey A. Craig, Linda M. Cummins James D. Donlon, III Mary A. Lehmann Perry L. Lipe Philip R. Martens Robert Ostrov Carsten J. Reinhardt,
  • 25. Rakesh Sachdev H. H. “Buddy” Wacaser Bonnie Wilkinson PART II Item 5. Market for the Registrant’s Common Equity and Related Stockholder Matters. Fiscal Year 2006 Fiscal Year 2005 Quarter Ended High Low High Low Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters
  • 26. Item 6. Selected Financial Data. Management’s Discussion and Analysis of Financial Condition and Results of Operations Financial Statements and Supplementary Data Year Ended September 30, SUMMARY OF OPERATIONS 2006 2005 2004 2003 2002 FINANCIAL POSITION AT SEPTEMBER 30
  • 27. Item 7. Management’s Discussion and Analysis of Financial Conditions and Results of Operations. Overview
  • 28.
  • 29. Market Outlook Year Ended September 30 2006 2005 2004 2003 2002 Company Outlook
  • 30.
  • 31. Results of Operations Year Ended September 30, 2006 2005 2004 (in millions, except per share amounts)
  • 32. 2006 Compared to 2005 Sales Dollar Change Due to Dollar % Acquisitions Volume / 2006 2005 Change Change Currency Divestitures Other Continuing Operations Business Segments Light Vehicle Systems (LVS) Commercial Vehicle Systems (CVS)
  • 33. Operating Income (Loss) and Operating Margins Operating Income Operating Margins $ % 2006 2005 Change Change 2006 2005 Change LVS CVS Total 2006 2005 2006 2005 2006 2005 Business Segments LVS
  • 34. CVS Other Income Statement Items Equity in earnings of affiliates Interest expense, net and other Income tax benefit Minority interest Loss from continuing operations Loss from discontinued operations
  • 35. 2005 Compared to 2004 Sales Dollar Change Due to Dollar % Acquisitions / Volume / 2005 2004 Change Change Currency Divestitures Other Continuing Operations
  • 36. Business Segments LVS CVS Operating Income and Operating Margins Operating Income Operating Margins $ % 2005 2004 Change Change 2005 2004 Change LVS CVS Total
  • 37. Business Segments LVS CVS Other Income Statement Items Equity in earnings of affiliates
  • 38. Interest expense, net and other Provision for income taxes Minority interest Income from continuing operations Loss from discontinued operations Non-Consolidated Joint Ventures
  • 39. Financial Condition Capitalization September 30, 2006 2005 Cash Flows Fiscal Year Ended September 30, 2006 2005 2004 OPERATING CASH FLOWS
  • 40. Cash provided by operating activities Fiscal Year Ended September 30, 2006 2005 2004 INVESTING CASH FLOWS Cash provided by investing activities
  • 41. Fiscal Year September 30, 2006 2005 2004 FINANCING CASH FLOWS Cash used for financing activities Liquidity and Contractual Obligations 2010– There- Total 2007 2008 2009 2011 after
  • 42. Revolving and Other Debt Debt Securities
  • 43. Convertible Notes Accounts Receivable Securitization and Factoring
  • 44. Off-Balance Sheet Arrangements Guarantees Tender Offer Critical Accounting Policies Pensions 2006 2005 U.S. Non-U.S. U.S. Non-U.S. discount rate
  • 45. assumed return on plan assets rate of compensation Effect on All Plans — June 30, 2006 Increase (Decrease) in Increase Accumulated (Decrease) Percentage Increase Other in 2006 Point (Decrease) Comprehensive Pension Change in PBO Loss Expense Retiree Medical
  • 46. 2006 2005 discount rate health care cost trend rate 2006 2005 Product Warranties Asbestos — Maremont Corporation (“Maremont”)
  • 47.
  • 49. Goodwill Impairment of Long-Lived Assets Income Taxes
  • 50. New Accounting Pronouncements New accounting standards to be implemented:
  • 51. New accounting standards implemented “Share-Based Payment,” “Accounting and Disclosure Guidance for the Foreign Repatriation Provision within the American Jobs Creation Act of 2004.” International Operations Item 7A. Quantitative and Qualitative Disclosures About Market Risk.
  • 52. Sensitivity Analysis: Assuming a Assuming a Favorable / 10% Increase in 10% Decrease in (Unfavorable) Rates Rates Impact on Market Risk Foreign Currency Sensitivity: Interest Rate Sensitivity:
  • 53. Item 8. Financial Statements and Supplementary Data. Report of Independent Registered Public Accounting Firm Internal Control—Integrated Framework
  • 54. ARVINMERITOR, INC. CONSOLIDATED STATEMENT OF OPERATIONS (In millions, except per share amounts) Year Ended September 30, 2006 2005 2004 See Notes to Consolidated Financial Statements. Fiscal year 2005 amounts have been restated for discontinued operations.
  • 55. ARVINMERITOR, INC. CONSOLIDATED BALANCE SHEET (In millions) September 30, 2006 2005 ASSETS LIABILITIES AND SHAREOWNERS’ EQUITY See Notes to Consolidated Financial Statements. Fiscal year 2005 amounts have been restated for discontinued operations.
  • 56. ARVINMERITOR, INC. CONSOLIDATED STATEMENT OF CASH FLOWS (In millions) Year Ended September 30, 2005 2004 2006 See Notes to Consolidated Financial Statements. Fiscal year 2005 and 2004 amounts have been restated for discontinued operations.
  • 57. ARVINMERITOR, INC. CONSOLIDATED STATEMENT OF SHAREOWNERS’ EQUITY (In millions, except per share amounts) Year Ended September 30, 2006 2005 2004 See Notes to Consolidated Financial Statements.
  • 58. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS 1. BASIS OF PRESENTATION 2. SIGNIFICANT ACCOUNTING POLICIES Use of Estimates Consolidation and Joint Ventures Foreign Currency
  • 59. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Impairment of Long-Lived Assets Discontinued Operations Revenue Recognition Allowance for Doubtful Accounts Earnings per Share September 30, 2006 2005 2004
  • 60. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Other New Accounting Standards New accounting standards to be implemented:
  • 61. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) New accounting standards implemented: “Share-Based Payment,” “Accounting and Disclosure Guidance for the Foreign Repatriation Provision within the American Jobs Creation Act of 2004.” 3. DISCONTINUED OPERATIONS Light Vehicle Aftermarket
  • 62. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Light Vehicle Ride Control
  • 63. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Coil Coating Year Ended September 30, 2006 2005 2004 September 30, 2006 2005
  • 64. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 4. GOODWILL LVS CVS Total
  • 65. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 5. RESTRUCTURING COSTS Fiscal year 2005 program: Other restructuring actions:
  • 66. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Fiscal year 2004 actions Employee Plant Termination Asset Shutdown Benefits Impairment & Other Total 6. ACQUISITIONS AND DIVESTITURES
  • 67. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 7. ACCOUNTS RECEIVABLE SECURITIZATION AND FACTORING
  • 68. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 8. OTHER INCOME (EXPENSE) Year Ended September 30, 2006 2005 2004 9. INVENTORIES September 30, 2006 2005
  • 69. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 10. OTHER CURRENT ASSETS September 30, 2006 2005 11. NET PROPERTY September 30, 2006 2005
  • 70. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 12. OTHER ASSETS September 30, 2006 2005 “Accounting for the Costs of Computer Software Developed or Obtained for Internal Use,” 13. INVESTMENTS IN NON-CONSOLIDATED JOINT VENTURES
  • 71. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) September 30, 2006 2005 Year Ended September 30, 2006 2005 2004 September 30, 2006 2005 Year Ended September 30, 2006 2005 2004
  • 72. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 14. OTHER CURRENT LIABILITIES September 30, 2006 2005 2006 2005 2004
  • 73. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 15. OTHER LIABILITIES September 30, 2006 2005 16. LONG-TERM DEBT September 30, 2006 2005 Convertible Securities
  • 74. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Debt Securities Interest Rate Swaps Investment in Debt Defeasance Trust Convertible Securities Debt Securities
  • 75. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Senior Secured Credit Facilities Subordinated Debentures Senior Secured Credit Facilities
  • 76. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Accounts Receivable Securitization Related Parties Interest Rate Swap Agreements
  • 77. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Leases Covenants
  • 78. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 17. FINANCIAL INSTRUMENTS Foreign Exchange Contracts Fair Value September 30, 2006 2005 Carrying Fair Carrying Fair Value Value Value Value
  • 79. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 18. SHAREOWNERS’ EQUITY Common Stock Treasury Stock
  • 80. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Accumulated Other Comprehensive Loss Foreign Minimum Unrealized Currency Pension Gains Translation Liability (Losses) Total 19. EQUITY BASED COMPENSATION Stock Options Remaining Aggregate Exercise Contractual Intrinsic Shares Price Life Value
  • 81. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Outstanding Exercisable Remaining Contractual Exercise Exercise Shares Life Price Shares Price 2004 Restricted Stock, Restricted Units, and Performance Share Units Weighted- Average Number of Grant-Date Nonvested Shares Shares Fair Value
  • 82. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 20. RETIREMENT MEDICAL PLANS
  • 83. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 2004 2006 2005 2006 2005
  • 84. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) September 30, 2006 2005 2006 2005 2004
  • 85. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 21. RETIREMENT PENSION PLANS U.S. Plans 2006 2005 2004 Assumptions as of June 30 Non-U.S. Plans Assumptions as of June 30 2006 2005 2004
  • 86. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 June 30 measurement date U.S. Non- U.S. Total U.S. Non- U.S. Total
  • 87. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 U.S. Non-U.S. U.S. Non-U.S. 2006 2005 June 30 measurement date U.S. Non-U.S. Total U.S. Non-U.S. Total
  • 88. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 U.S. Non-U.S. Total U.S. Non-U.S. Total September 30, 2006 2005 2006 2005 ABO Assets ABO Assets Exceeds Exceeds Exceeds Exceeds Assets ABO Total Assets ABO Total 2006 2005 2004
  • 89. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) U.S. Non U.S. Total 22. INCOME TAXES 2006 2005 2004
  • 90. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) September 30, 2006 2005 September 30, 2006 2005
  • 91. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 2004
  • 92. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 2006 2005 2004 23. CONTINGENCIES Environmental
  • 93. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Superfund Non-Superfund Sites Sites Total Asset Retirement Obligations Asbestos Maremont Corporation
  • 94. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) September 30, 2006 2005 Pending and Future Claims:
  • 95. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Shortfall and other: Recoveries: Rockwell
  • 96. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Contingencies Related to Work Stoppage Product Recall Campaign
  • 97. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Guarantees Indemnifications Other 24. BUSINESS SEGMENT INFORMATION
  • 98. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Sales: 2006 2005 2004 Earnings: 2006 2005 2004 Depreciation and Amortization: 2006 2005 2004 Capital Expenditures: 2006 2005 2004
  • 99. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) Segment Assets: 2006 2005 2004 Sales by Geographic Area: 2006 2005 2004 Assets by Geographic Area (excludes assets of discontinued operations): 2006 2005
  • 100. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 25. QUARTERLY FINANCIAL INFORMATION (UNAUDITED) 2006 Fiscal Quarters (Unaudited) First Second Third Fourth 2006 (In millions, except share- related data) 2005 Fiscal Quarters (Unaudited) First Second Third Fourth 2005 (In millions, except share-related data)
  • 101. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) 26. SUPPLEMENTAL FINANCIAL INFORMATION 2006 2005 2004 (In millions) 27. SUPPLEMENTAL GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS
  • 102. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (In millions) Fiscal Year Ended September 30, 2006 Parent Guarantors Non-Guarantors Elims Consolidated
  • 103. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (In millions) Fiscal Year Ended September 30, 2005 Parent Guarantors Non-Guarantors Elims Consolidated
  • 104. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING STATEMENT OF OPERATIONS (In millions) Fiscal Year Ended September 30, 2004 Parent Guarantors Non-Guarantors Elims Consolidated
  • 105. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING BALANCE SHEET (In millions) September 30, 2006 Parent Guarantors Non- Guarantors Elims Consolidated
  • 106. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING BALANCE SHEET (In millions) September 30, 2005 Parent Guarantors Non-Guarantors Elims Consolidated
  • 107. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (In millions) Fiscal Year Ended September 30, 2006 Parent Guarantors Non- Guarantors Elims Consolidated
  • 108. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (In millions) Fiscal Year Ended September 30, 2005 Parent Guarantors Non-Guarantors Elims Consolidated
  • 109. ARVINMERITOR, INC. NOTES TO CONSOLIDATED FINANCIAL STATEMENTS — (Continued) CONDENSED CONSOLIDATING STATEMENT OF CASH FLOWS (In millions) Fiscal Year Ended September 30, 2004 Parent Guarantors Non-Guarantors Elims Consolidated 28. SUBSEQUENT EVENT
  • 110. Item 9A. Controls and Procedures. Disclosure Controls and Procedures Management Report on Internal Control over Financial Reporting Internal Control – Integrated Framework Report of Independent Registered Public Accounting Firm Internal Control—Integrated Framework
  • 111. Internal Control—Integrated Framework Internal Control—Integrated Framework Changes in Internal Control Over Financial Reporting Item 9B. Other Information.
  • 112. PART III Item 10. Directors and Executive Officers of the Registrant. Election of Directors, Information as to Nominees for Directors and Continuing Directors, Involvement in Certain Legal Proceedings Section 16(a) Beneficial Ownership Reporting Compliance Item 11. Executive Compensation. Compensation of Directors Executive Compensation, Agreements with Named Executive Officers Retirement Benefits Item 12. Security Ownership of Certain Beneficial Owners and Management and Related Stockholder Matters. Security Ownership of Certain Beneficial Owners and Management Voting Securities Ownership by Management of Equity Securities Securities Authorized for Issuance under Equity Compensation Plans Securities Authorized for Issuance under Other Equity Compensation Plans Item 13. Certain Relationships and Related Transactions.
  • 113. Item 14. Principal Accountant Fees and Services. Independent Accountants’ Fees PART IV Item 15. Exhibits and Financial Statement Schedules. Page
  • 114.
  • 115.
  • 116.
  • 117.
  • 119. SCHEDULE II ARVINMERITOR, INC. VALUATION AND QUALIFYING ACCOUNTS For the Year Ended September 30, 2006, 2005, 2004 Balance at Charged Beginning to costs Other Balance at End Description (In millions) of Year and expenses Deductions of year
  • 120. Board of Directors Charles G. McClure Joseph B. Anderson, Jr. Rhonda L. Brooks David W. Devonshire Ivor J. Evans Chairman of the Board Chairman of the Board President Executive Vice President Retired Vice Chairman Chief Executive Officer and Chief Executive and Chief Financial R. Brooks Advisors, Inc. Union Pacific Railroad and President Officer Officer ArvinMeritor, Inc. TAG Holdings, LLC Motorola, Inc. Joseph P. Flannery William D. George, Jr. Richard W. Hanselman Victoria B. Jackson James E. Marley Chairman of the Board Retired President and Chairman of the Board President Retired Chairman President and Chief Chief Executive Officer of the Board Forward Air Corporation Victoria Bellè, Inc. Executive Officer S.C. Johnson Wax AMP Inc. Uniroyal Holding, Inc. William R. Newlin Steven G. Rothmeier Andrew J. Schindler Executive Vice President Chairman and Retired Chairman and Chief Administrative Chief Executive Officer Reynolds American Inc. Officer Great Northern Capital Dick’s Sporting Goods, Inc. ArvinMeritor, Inc. ■ 2006 Annual Report
  • 121. Executive Officers Charles G. McClure Vernon G. Baker, II Jeffrey A. Craig Linda M. Cummins James D. Donlon, III Chairman of the Board Senior Vice President Vice President Senior Vice President, Senior Vice President Chief Executive Officer and General Counsel and Controller Communications and Chief Financial and President Officer Mary A. Lehmann Perry L. Lipe Philip R. Martens Robert Ostrov Carsten J. Reinhardt Vice President and Senior Vice President Senior Vice President Senior Vice President, Senior Vice President Treasurer and Chief Information and President, Light Human Resources and President, Officer Vehicle Systems Commercial Vehicle Systems Rakesh Sachdev H. H. Wacaser Bonnie Wilkinson Senior Vice President, Senior Vice President Vice President Strategy and Corporate and President, Emissions and Secretary Development Technologies ArvinMeritor, Inc. ■ 2006 Annual Report
  • 122. Shareowner Information Annual Meeting Independent Auditors The company’s annual meeting of shareowners will be held in Troy, Mich., Deloitte & Touche LLP on Friday, Jan. 26, 2007. A notice of meeting and proxy material will be 600 Renaissance Center mailed to shareowners on or about Dec. 11, 2006. Detroit, MI 48243-1704 Phone: (313) 396-3000 ArvinMeritor Headquarters Investor Relations 2135 West Maple Road Troy, MI 48084-7186 Security analysts and professional investors should contact: Phone: (248) 435-1000 Investor Relations Fax: (248) 435-1393 2135 West Maple Road www.arvinmeritor.com Troy, MI 48084-7186 www.arvinmeritor.com/investor/investor.asp Board Communications Phone: (866) INFO-ARM or (866) 463-6276 For questions or concerns with respect to internal controls, auditing and Fax: (248) 435-1189 accounting matters, you may contact the Audit Committee of the Board of E-mail: investor.relations@arvinmeritor.com Directors at the following address: Copies of annual reports, Forms 10-K and 10-Q, and ArvinMeritor Audit Committee other ArvinMeritor publications can be obtained at 330 East Maple Road www.arvinmeritor.com/investor/investor.asp or by PMB 315 calling (866) INFO-ARM or (866) 463-6276. Birmingham, MI 48009 E-mail: audit.committee@arvinmeritor.com New York Stock Exchange For other questions or concerns, you may contact the Board of Directors at Common Stock (Symbol: ARM) the following address: ArvinMeritor Board of Directors Shareowner Services 330 East Maple Road Communications about share ownership, book-entry accounts, PMB 335 dividend payments, transfer requirements, changes of address, Birmingham, MI 48009 lost stock certificates and account status should be directed to: The Bank of New York Corporate Media Relations Church Street Station Members of the media should contact: P.O. Box 11258 Media Relations New York, NY 10286-1258 Phone: (248) 435-7115 Toll Free: (866) 517-4570 www.stockbny.com Dividend Reinvestment and Additional Investments in ArvinMeritor Common Stock Transfer Agent and Registrar The Bank of New York provides the BuyDIRECT Program for ArvinMeritor The Bank of New York shareowners, under which current shareowners may elect to reinvest Church Street Station dividends and/or make optional cash investments in additional shares of P.O. Box 11258 ArvinMeritor common stock. The program also allows cash investments in New York, NY 10286-1258 ArvinMeritor common stock by first-time investors, with a $500 minimum Toll Free: (866) 517-4570 initial investment. Shareowners may also sell their shares through the www.stockbny.com BuyDIRECT Program. Requests for a brochure about the BuyDIRECT Program, and communications about sale of shares, optional cash investments and liquidations should be directed to: The Bank of New York Dividend Reinvestment Department P.O. Box 1958 Newark, NJ 07101-9774 Toll Free: (866) 517-4570
  • 123.
  • 124. He adquartered in Troy, Mich., U.S., ArvinMeritor is a premier supplier to the global motor vehicle industry. With approximately 27,000 employees in 26 countries, the company supplies a broad range of integrated systems, modules and components to light vehicle, commercial truck, trailer and specialty original equipment manufacturers and certain aftermarkets. ArvinMeritor products are part of virtually every vehicle on the road. ArvinMeritor is built on a tradition of responsiveness, quality and service. With 112 manufacturing facilities around the world, the company has the scale and scope to provide effective, integrated automotive solutions to meet its customers’ changing needs – when and where they are needed. The company’s common stock is traded on the New York Stock Exchange under the ticker symbol ARM. To learn more, visit our Web site at www.arvinmeritor.com. ArvinMeritor, Inc. 2135 West Maple Road Troy, MI 48084 USA (248) 435-1000 © Copyright 2006 Litho in USA www.arvinmeritor.com ArvinMeritor, Inc. Issued 12-06