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CONDENSED CONSOLIDATED BALANCE SHEETS Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Mar. 31, 2012
Dec. 31, 2011
Current Assets    
Cash and cash equivalents $ 112.8 $ 169.2
Accounts receivable, net 501.1 333.3
Inventories, net 203.0 177.2
Prepaid expenses and other 89.8 83.4
Total current assets 906.7 763.1
Property, plant and equipment, net 998.1 971.2
Goodwill 156.3 155.9
GM postretirement cost sharing asset 257.9 260.2
Other assets and deferred charges 183.3 178.3
Total assets 2,502.3 2,328.7
Current Liabilities    
Accounts payable 433.8 337.1
Accrued compensation and benefits 98.2 110.6
Deferred revenue 22.8 32.9
Other accrued expenses 87.3 95.5
Total current liabilities 642.1 576.1
Long-term debt 1,248.7 1,180.2
Deferred revenue 85.1 88.2
Postretirement benefits and other long-term liabilities 902.8 903.8
Total liabilities 2,878.7 2,748.3
Stockholders' Deficit    
Common stock, par value $0.01 per share 0.8 0.8
Paid-in capital 598.9 597.2
Accumulated deficit (592.3) (643.5)
Treasury stock at cost, 6.0 million shares as of March 31, 2012 and 5.5 million shares as of December 31, 2011 (182.1) (176.2)
Accumulated other comprehensive income (loss), net of tax    
Defined benefit plans (229.6) (215.6)
Foreign currency translation adjustments 27.8 17.3
Unrecognized gain (loss) on derivatives 0.1 (5.5)
Total AAM stockholders' deficit (376.4) (425.5)
Noncontrolling interest in subsidiaries 0 5.9
Total stockholders’ deficit (376.4) (419.6)
Total liabilities and stockholders' deficit $ 2,502.3 $ 2,328.7