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Condensed Consolidated Statements of Cash Flows - USD ($)
$ in Millions
 9 Months Ended
Sep. 30, 2017
Sep. 30, 2016
Net income $ 231.0 $ 193.8
Adjustments to reconcile net income to net cash provided by operating activities    
Depreciation and amortization 303.4 150.4
Asset Impairment Charges 0.0 3.4
Deferred income taxes (43.8) 32.3
Stock-based compensation 37.2 15.8
Pensions and other postretirement benefits, net of contributions 0.6 (5.7)
Loss on disposal of property, plant and equipment, net 0.7 2.2
Undistributed earnings in affiliate (2.0) (2.2)
Debt refinancing and redemption costs 2.7 0.0
Changes in operating assets and liabilities, net of amounts acquired    
Accounts receivable (131.0) (140.0)
Inventories (3.3) 13.7
Accounts payable and accrued expenses 65.3 98.1
Deferred revenue 10.1 (8.9)
Other assets and liabilities (50.2) (61.9)
Net cash provided by operating activities 420.7 291.0
Investing activities    
Purchases of property, plant and equipment (278.7) (158.7)
Proceeds from sale of property, plant and equipment 1.7 0.7
Proceeds from government grants 0.0 2.8
Purchase buyouts of leased equipment (12.6) 0.0
Final distribution of Reserve Yield Plus Fund 0.0 1.0
Proceeds from sale of business, net 5.9 0.0
Acquisition of business, net of cash acquired (895.5) (5.6)
Net cash used in investing activities (1,179.2) (159.8)
Financing activities    
Payments of long-term debt and capital lease obligations (1,944.6) (6.2)
Proceeds from issuance of long-term debt 2,858.1 28.8
Debt issuance costs (90.8) 0.0
Purchase of treasury stock (7.0) (5.3)
Employee stock option exercises 0.9 0.3
Net cash provided by financing activities 816.6 17.6
Effect of exchange rate changes on cash 10.3 2.6
Net increase in cash and cash equivalents 68.4 151.4
Cash and cash equivalents at beginning of period 481.2 282.5
Cash and cash equivalents at end of period 549.6 433.9
Supplemental cash flow information    
Interest paid 108.9 61.3
Income taxes paid, net of refunds 30.2 42.5
Non-cash investing activities: AAM common shares issued for acquisition of MPG $ 576.7 $ 0.0