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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2018
Dec. 31, 2017
Current assets    
Cash and cash equivalents $ 353.2 $ 376.8
Accounts receivable, net 1,253.6 1,035.9
Inventories, net 426.4 392.0
Prepaid expenses and other 121.8 140.3
Total current assets 2,155.0 1,945.0
Property, plant and equipment, net 2,459.3 2,402.9
Deferred income taxes 30.6 37.1
Goodwill 1,631.7 1,654.3
Intangible assets, net 1,159.8 1,212.5
GM postretirement cost sharing asset 248.3 252.2
Other assets and deferred charges 405.7 378.8
Total assets 8,090.4 7,882.8
Current liabilities    
Current portion of long-term debt 33.2 5.9
Accounts payable 930.9 799.0
Accrued compensation and benefits 161.5 200.0
Deferred revenue 38.1 34.1
Accrued expenses and other 168.0 177.4
Total current liabilities 1,331.7 1,216.4
Long-term debt, net 3,873.0 3,969.3
Deferred revenue 81.6 78.8
Deferred income taxes 143.0 101.7
Postretirement benefits and other long-term liabilities 894.9 976.6
Total liabilities 6,324.2 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 June 30, 2018 and 118.2 million shares issued as of December 31, 2017 1.2 1.2
Paid-in capital 1,278.3 1,264.6
Retained earnings 1,001.5 761.0
Treasury stock at cost, 7.1 million shares as of June 30, 2018 and 6.9 million shares as of December 31, 2017 (201.7) (198.1)
Accumulated other comprehensive income (loss)    
Defined benefit plans, net of tax (238.5) (252.0)
Foreign currency translation adjustments (77.2) (34.1)
Unrecognized income (loss) on cash flow hedges, net of tax 0.6 (6.6)
Total AAM stockholders' equity 1,764.2 1,536.0
Noncontrolling interests in subsidiaries 2.0 4.0
Total stockholders' equity 1,766.2 1,540.0
Total liabilities and stockholders' equity $ 8,090.4 $ 7,882.8