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Consolidated Statements of Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Net sales $ 6,266.0 $ 3,948.0 $ 3,903.1
Cost of goods sold 5,146.9 3,221.9 3,267.7
Gross profit 1,119.1 726.1 635.4
Selling, general and administrative expenses 390.1 314.2 274.1
Amortization of intangible assets 75.3 5.0 3.2
Restructuring and acquisition-related costs 110.7 26.2 0.0
Operating income 543.0 380.7 358.1
Interest expense (195.6) (93.4) (99.2)
Investment income 2.9 2.9 2.6
Other income (expense)      
Debt refinancing and redemption costs (3.5) 0.0 (0.8)
Other, net (6.8) 8.8 12.0
Income before income taxes 340.0 299.0 272.7
Income tax expense 2.5 58.3 37.1
Net income 337.5 240.7 235.6
Net income attributable to noncontrolling interests (0.4) 0.0 0.0
Net income attributable to AAM $ 337.1 $ 240.7 $ 235.6
Basic earnings per share $ 3.22 $ 3.08 $ 3.03
Diluted earnings per share $ 3.21 $ 3.06 $ 3.02