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Segment Reporting (Tables)

9 Months Ended

Sep. 30, 2018

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

The following tables represent information by reportable segment for the three months ended September 30, 2018 and 2017 (in millions):

		Three Months Ended September 30, 2018
		Driveline				Metal Forming				Powertrain				Casting				Total
Sales		$	1,068.0			$	382.2			$	285.4			$	219.1			$	1,954.7
Less: intersegment sales		0.3				108.8				3.3				25.3				137.7
Net external sales		$	1,067.7			$	273.4			$	282.1			$	193.8			$	1,817.0
Segment Adjusted EBITDA		$	159.3			$	66.9			$	34.3			$	14.5			$	275.0
		Three Months Ended September 30, 2017
		Driveline				Metal Forming				Powertrain				Casting				Total
Sales		$	1,007.9			$	368.2			$	260.9			$	226.6			$	1,863.6
Less: intersegment sales		0.2				106.8				3.8				28.4				139.2
Net external sales		$	1,007.7			$	261.4			$	257.1			$	198.2			$	1,724.4
Segment Adjusted EBITDA		$	181.5			$	70.7			$	36.8			$	8.8			$	297.8

The following tables represent information by reportable segment for the nine months ended September 30, 2018 and 2017:

		Nine Months Ended September 30, 2018
		Driveline				Metal Forming				Powertrain				Casting				Total
Sales		$	3,258.8			$	1,176.3			$	865.6			$	701.3			$	6,002.0
Less: intersegment sales		0.7				324.0				12.9				88.1				425.7
Net external sales		$	3,258.1			$	852.3			$	852.7			$	613.2			$	5,576.3
Segment Adjusted EBITDA		$	514.2			$	231.3			$	131.4			$	63.0			$	939.9
		Nine Months Ended September 30, 2017
		Driveline				Metal Forming				Powertrain				Casting				Total
Sales		$	3,028.7			$	887.5			$	544.5			$	452.2			$	4,912.9
Less: intersegment sales		1.1				315.1				6.0				58.6				380.8
Net external sales		$	3,027.6			$	572.4			$	538.5			$	393.6			$	4,532.1
Segment Adjusted EBITDA		$	513.7			$	170.5			$	88.7			$	34.3			$	807.2

Reconciliation of Total Segment Adjusted EBITDA to Income Before Income Taxes [Table Text Block]

The following table represents a reconciliation of Total Segment Adjusted EBITDA to consolidated income before income taxes for the three and nine months ended September 30, 2018 and 2017 (in millions):

	Three Months Ended September 30,								Nine Months Ended September 30,
	2018				2017				2018				2017
Total Segment Adjusted EBITDA	$	275.0			$	297.8			$	939.9			$	807.2
Interest expense	(54.9		)		(57.5		)		(162.5		)		(139.9		)
Depreciation and amortization	(132.9		)		(122.6		)		(390.9		)		(303.4		)
Restructuring and acquisition-related costs	(11.7		)		(22.8		)		(66.8		)		(90.5		)
Pension settlement	—				(2.9		)		—				(2.9		)
Gain on sale of business	—				—				15.5				—
Gain on settlement of capital lease	—				—				15.6				—
Acquisition-related fair value inventory adjustment	—				—				—				(24.9		)
Impact of change in accounting principle	—				—				—				3.7
Debt refinancing and redemption costs	—				—				(14.6		)		(2.7		)
Income before income taxes	$	75.5			$	92.0			$	336.2			$	246.6

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

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-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
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- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

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