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Segment Reporting (Tables) | 9 Months Ended
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Sep. 30, 2017
Segment Reporting [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] | The following tables represent information by reportable segment for the three months ended September 30, 2017 and 2016:
|  | Three Months Ended September 30, 2017
|  | Driveline |  | Metal Forming |  | Powertrain |  | Casting |  | Total
Sales |  | $ | 1,007.9 |  |  | $ | 368.2 |  |  | $ | 260.9 |  |  | $ | 226.6 |  |  | $ | 1,863.6 |
Less: intersegment sales |  | 0.2 |  |  | 106.8 |  |  | 3.8 |  |  | 28.4 |  |  | 139.2 |
Net external sales |  | $ | 1,007.7 |  |  | $ | 261.4 |  |  | $ | 257.1 |  |  | $ | 198.2 |  |  | $ | 1,724.4 |
Segment Adjusted EBITDA |  | $ | 181.4 |  |  | $ | 70.7 |  |  | $ | 36.8 |  |  | $ | 8.8 |  |  | $ | 297.7 |
|  | Three Months Ended September 30, 2016
|  | Driveline |  | Metal Forming |  | Powertrain |  | Casting |  | Total
Sales |  | $ | 956.1 |  |  | $ | 137.2 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,093.3 |
Less: intersegment sales |  | 0.1 |  |  | 86.3 |  |  | — |  |  | — |  |  | 86.4 |
Net external sales |  | $ | 956.0 |  |  | $ | 50.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 1,006.9 |
Segment Adjusted EBITDA |  | $ | 134.4 |  |  | $ | 22.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 156.7 |
The following tables represent information by reportable segment for the nine months ended September 30, 2017 and 2016:
|  | Nine Months Ended September 30, 2017
|  | Driveline |  | Metal Forming |  | Powertrain |  | Casting |  | Total
Sales |  | $ | 3,028.7 |  |  | $ | 887.5 |  |  | $ | 544.5 |  |  | $ | 452.2 |  |  | $ | 4,912.9 |
Less: intersegment sales |  | 1.1 |  |  | 315.1 |  |  | 6.0 |  |  | 58.6 |  |  | 380.8 |
Net external sales |  | $ | 3,027.6 |  |  | $ | 572.4 |  |  | $ | 538.5 |  |  | $ | 393.6 |  |  | $ | 4,532.1 |
Segment Adjusted EBITDA |  | $ | 513.5 |  |  | $ | 170.5 |  |  | $ | 88.7 |  |  | $ | 34.3 |  |  | $ | 807.0 |
|  | Nine Months Ended September 30, 2016
|  | Driveline |  | Metal Forming |  | Powertrain |  | Casting |  | Total
Sales |  | $ | 2,840.4 |  |  | $ | 414.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,254.8 |
Less: intersegment sales |  | 3.8 |  |  | 249.5 |  |  | — |  |  | — |  |  | 253.3 |
Net external sales |  | $ | 2,836.6 |  |  | $ | 164.9 |  |  | $ | — |  |  | $ | — |  |  | $ | 3,001.5 |
Segment Adjusted EBITDA |  | $ | 391.9 |  |  | $ | 79.4 |  |  | $ | — |  |  | $ | — |  |  | $ | 471.3 |
Total assets by reportable segment as of September 30, 2017 and December 31, 2016 were as follows:
|  | September 30, 2017
|  | Driveline |  | Metal Forming |  | Powertrain |  | Casting |  | Corporate and Eliminations |  | Total
Total assets |  | $ | 2,362.7 |  |  | $ | 2,155.8 |  |  | $ | 1,825.1 |  |  | $ | 1,018.0 |  |  | $ | 696.7 |  |  | $ | 8,058.3 |
|  | December 31, 2016
|  | Driveline |  | Metal Forming |  | Powertrain |  | Casting |  | Corporate and Eliminations |  | Total
Total assets |  | $ | 2,183.9 |  |  | $ | 410.3 |  |  | $ | — |  |  | $ | — |  |  | $ | 829.7 |  |  | $ | 3,423.9 |
Reconciliation of Segment Adjusted EBITDA (Non-GAAP Measure) to Income Before Income Taxes [Table Text Block] | The following table represents a reconciliation of Segment Adjusted EBITDA to consolidated income before income taxes for the three and nine months ended September 30, 2017 and 2016.
| Three Months Ended September 30, |  | Nine Months Ended September 30,
| 2017 |  | 2016 |  | 2017 |  | 2016
Segment Adjusted EBITDA | $ | 297.7 |  |  | $ | 156.7 |  |  | $ | 807.0 |  |  | $ | 471.3 |
Interest expense | (57.5 | ) |  | (23.2 | ) |  | (139.9 | ) |  | (70.2 | )
Depreciation and amortization | (122.6 | ) |  | (49.9 | ) |  | (303.4 | ) |  | (150.4 | )
Restructuring and acquisition-related costs | (22.8 | ) |  | — |  |  | (90.5 | ) |  | — |
Pension settlement | (2.9 | ) |  | — |  |  | (2.9 | ) |  | — |
Acquisition-related fair value inventory adjustment | — |  |  | — |  |  | (24.9 | ) |  | — |
Impact of change in accounting principle | — |  |  | — |  |  | 3.7 |  |  | — |
Debt refinancing and redemption costs | — |  |  | — |  |  | (2.7 | ) |  | — |
Asset impairment charge | — |  |  | (3.4 | ) |  | — |  |  | (3.4 | )
Investment gain related to the final distribution of the Reserve Yield Plus Fund | — |  |  | — |  |  | — |  |  | 1.0 |
Other | 0.1 |  |  | (0.7 | ) |  | 0.2 |  |  | (0.7 | )
Income before income taxes | $ | 92.0 |  |  | $ | 79.5 |  |  | $ | 246.6 |  |  | $ | 247.6 |

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- Definition Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8924-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 + Details
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- Definition Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8906-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8813-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8721-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=35741047&loc=d3e13816-109267 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=68060357&loc=d3e8736-108599 + Details
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