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Consolidated Statements of Cash Flows - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2017
Dec. 31, 2016
Dec. 31, 2015
Operating activities      
Net income $ 337.5 $ 240.7 $ 235.6
Net income attributable to AAM 337.1 240.7 235.6
Adjustments to reconcile net income to net cash provided by operating activities      
Depreciation and amortization 428.5 201.8 198.4
Impairment of property, plant and equipment 1.5 3.4 0.0
Deferred income taxes (154.2) 33.2 26.4
Stock-based compensation 43.4 21.0 15.9
Pensions and other postretirement benefits, net of contributions (6.0) (12.6) (25.6)
Loss on disposal of property, plant and equipment, net 1.6 4.3 4.2
Debt refinancing and redemption costs 3.5 0.0 0.8
Changes in operating assets and liabilities, net of amounts acquired      
Accounts receivable (44.9) (19.3) (17.9)
Inventories 2.5 12.2 11.2
Accounts payable and accrued expenses (12.6) (14.2) (2.1)
Deferred revenue 14.8 7.2 (26.8)
Other assets and liabilities 31.4 (70.1) (42.5)
Net cash provided by operating activities 647.0 407.6 377.6
Investing activities      
Purchases of property, plant and equipment (477.7) (223.0) (193.5)
Proceeds from sale of property, plant and equipment 2.5 1.7 0.3
Purchase buyouts of leased equipment (13.3) (4.6) 0.0
Proceeds from government grants 0.0 2.8 5.1
Final distribution of Reserve Yield Plus Fund 0.0 1.0 0.0
Proceeds from sale of business 5.9 0.0 0.0
Acquisition of business, net of cash acquired (895.5) (5.6) 0.0
Net cash used in investing activities (1,378.1) (227.7) (188.1)
Financing activities      
Net short-term proceeds from credit facilities 4.4 0.0 0.0
Proceeds from issuance of long-term debt 2,862.7 30.3 16.8
Payments of long-term debt, capital lease obligations and other (2,154.4) (7.0) (157.0)
Debt issuance costs (91.0) 0.0 0.0
Purchase of noncontrolling interest 0.0 0.0 (1.1)
Employee stock option exercises 0.9 0.3 0.8
Purchase of treasury stock (7.0) (5.2) (3.1)
Net cash provided by (used in) financing activities 615.6 18.4 (143.6)
Effect of exchange rate changes on cash 11.1 0.4 (12.6)
Net increase (decrease) in cash and cash equivalents (104.4) 198.7 33.3
Cash and cash equivalents at beginning of year 481.2 282.5 249.2
Cash and cash equivalents at end of year 376.8 481.2 282.5
Supplemental cash flow information      
Interest paid 182.7 87.2 93.8
Income taxes paid, net 31.9 48.6 11.3
Non-cash investing activities: AAM common shares issued for acquisition of MPG $ 576.7 $ 0.0 $ 0.0