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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Mar. 31, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 340.7 $ 376.8
Accounts receivable, net 1,238.2 1,035.9
Inventories, net 403.3 392.0
Prepaid expenses and other 172.9 140.3
Total current assets 2,155.1 1,945.0
Property, plant and equipment, net 2,491.9 2,402.9
Deferred income taxes 38.1 37.1
Goodwill 1,669.1 1,654.3
Intangible assets, net 1,188.8 1,212.5
GM postretirement cost sharing asset 250.3 252.2
Other assets and deferred charges 379.0 378.8
Total assets 8,172.3 7,882.8
Current liabilities    
Current portion of long-term debt 31.8 5.9
Accounts payable 924.5 799.0
Accrued compensation and benefits 158.9 200.0
Deferred revenue 34.0 34.1
Accrued expenses and other 200.7 177.4
Total current liabilities 1,349.9 1,216.4
Long-term debt, net 3,986.2 3,969.3
Deferred revenue 77.6 78.8
Deferred income taxes 119.2 101.7
Postretirement benefits and other long-term liabilities 953.4 976.6
Total liabilities 6,486.3 6,342.8
Stockholders' equity    
Common stock, par value $0.01 per share; 150.0 million shares authorized; 118.8 million shares issued as of March 31, 2018 and 118.2 million shares issued as of December 31, 2017 1.2 1.2
Paid-in capital 1,271.2 1,264.6
Retained earnings 850.4 761.0
Treasury stock at cost, 7.1 million shares as of March 31, 2018 and 6.9 million shares as of December 31, 2017 (201.6) (198.1)
Accumulated other comprehensive income (loss)    
Defined benefit plans, net of tax (250.7) (252.0)
Foreign currency translation adjustments 3.8 (34.1)
Unrecognized income (loss) on cash flow hedges, net of tax 8.5 (6.6)
Total AAM stockholders' equity 1,682.8 1,536.0
Noncontrolling interests in subsidiaries 3.2 4.0
Total stockholders' equity 1,686.0 1,540.0
Total liabilities and stockholders' equity $ 8,172.3 $ 7,882.8