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Consolidated Balance Sheets - USD ($)
$ in Millions
Dec. 31, 2017
Dec. 31, 2016
Current assets    
Cash and cash equivalents $ 376.8 $ 481.2
Accounts receivable, net 1,035.9 560.0
Inventories, net 392.0 182.3
Prepaid expenses and other 140.3 75.8
Total current assets 1,945.0 1,299.3
Property, plant and equipment, net 2,402.9 1,093.7
Deferred income taxes 37.1 367.8
Goodwill 1,654.3 154.0
Intangible assets, net 1,212.5 28.5
GM postretirement cost sharing asset 252.2 236.1
Other assets and deferred charges 378.8 242.9
Total assets 7,882.8 3,422.3
Current liabilities    
Current portion of long-term debt 5.9 3.3
Accounts payable 799.0 382.3
Accrued compensation and benefits 200.0 139.3
Deferred revenue 34.1 24.6
Accrued expenses and other 177.4 102.0
Total current liabilities 1,216.4 651.5
Long-term debt, net 3,969.3 1,400.9
Deferred revenue 78.8 70.8
Deferred income taxes 101.7 15.0
Postretirement benefits and other long-term liabilities 976.6 779.9
Total liabilities 6,342.8 2,918.1
Stockholders' equity    
Series A junior participating preferred stock, par value $0.01 per share; 0.1 million shares authorized; no shares outstanding in 2017 or 2016 0.0 0.0
Preferred stock, par value $0.01 per share; 10.0 million shares authorized; no shares outstanding in 2017 or 2016 0.0 0.0
Series common stock, par value $0.01 per share; 40.0 million shares authorized; no shares outstanding in 2017 or 2016 0.0 0.0
Common stock, par value $0.01 per share; 150.0 million shares authorized; 118.2 million and 83.0 million shares issued as of December 31, 2017 and 2016, respectively 1.2 0.9
Paid-in capital 1,264.6 660.1
Retained earnings 761.0 423.9
Treasury stock at cost, 6.9 million shares in 2017 and 6.5 million shares in 2016 (198.1) (191.1)
Accumulated other comprehensive loss    
Defined benefit plans, net of tax (252.0) (243.5)
Foreign currency translation adjustments (34.1) (122.4)
Unrecognized loss on cash flow hedges, net of tax (6.6) (23.7)
Total AAM stockholders' equity 1,536.0 504.2
Noncontrolling interests in subsidiaries 4.0 0.0
Total stockholders' equity 1,540.0 504.2
Total liabilities and stockholders' equity $ 7,882.8 $ 3,422.3