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Restructuring and Acquisition-Related Costs | 9 Months Ended
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Sep. 30, 2017
Restructuring and Related Activities [Abstract] |
Business Acquisition, Integration, Restructuring and Other Related Costs [Text Block] |
2. | RESTRUCTURING AND ACQUISITION-RELATED COSTS
In the fourth quarter of 2016, AAM initiated actions under a global restructuring program focused on creating a more streamlined organization in addition to reducing our cost structure and preparing for acquisition integration activities. A summary of this activity for the first nine months of 2017 is shown below:
| Severance Charges |  | Implementation Costs |  | Total
| (in millions)
Accrual as of December 31, 2016 | $ | 0.6 |  |  | $ | 9.2 |  |  | $ | 9.8 |
Charges | 1.7 |  |  | 13.5 |  |  | 15.2 |
Cash utilization | (2.3 | ) |  | (17.8 | ) |  | (20.1 | )
Non-cash utilization | — |  |  | — |  |  | — |
Accrual adjustments | — |  |  | — |  |  | — |
Accrual as of September 30, 2017 | $ | — |  |  | $ | 4.9 |  |  | $ | 4.9 |
As part of our restructuring actions, we incurred severance charges of approximately $1.7 million, as well as implementation costs, including professional expenses, of approximately $13.5 million during the nine months ended September 30, 2017. Since the inception of our global restructuring program, we have incurred severance charges totaling $2.3 million and implementation costs totaling $23.7 million. We expect to incur up to $5 million of additional charges under our global restructuring program in 2017. On March 1, 2017, we completed the acquisition of USM Mexico Manufacturing LLC (USM Mexico) and on April 6, 2017, we completed the acquisition of MPG. During the nine months ended September 30, 2017, we incurred the following charges related to these acquisitions:
| Acquisition-Related Costs |  | Severance Charges |  | Integration Expenses |  | Total
| (in millions)
Charges | $ | 40.7 |  |  | $ | 5.6 |  |  | $ | 29.0 |  |  | $ | 75.3 |
Total restructuring and acquisition-related charges | $ | 90.5 |
Acquisition-related costs primarily consist of advisory, legal, accounting, valuation and certain other professional or consulting fees incurred. Also included in acquisition-related costs is a one-time charge of approximately $20 million for MPG stock-based compensation that was accelerated and settled as a result of the acquisition. Integration expenses reflect costs incurred for information technology systems, ongoing operational activities, and consulting fees incurred in conjunction with the acquisitions. Total charges associated with our global restructuring program and acquisition-related charges of $22.8 million and $90.5 million are shown on a separate line item titled "Restructuring and Acquisition-Related Costs" in our Condensed Consolidated Statements of Income for the three and nine months ended September 30, 2017, respectively.

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- Definition The entire description for costs incurred to effect a business combination that have been expensed during the period. Such costs could include business integration costs, systems integration and conversion costs, and severance and other employee-related costs. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 805 -URI http://asc.fasb.org/topic&trid=2303972 + Details
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