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Consolidated Statements of Operations - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2018
Dec. 31, 2017
Dec. 31, 2016
Net sales $ 7,270.4 $ 6,266.0 $ 3,948.0
Cost of goods sold 6,130.0 5,146.9 3,221.9
Gross profit 1,140.4 1,119.1 726.1
Selling, general and administrative expenses 385.7 390.1 314.2
Amortization of intangible assets 99.4 75.3 5.0
Goodwill impairment 485.5 0.0 0.0
Restructuring and acquisition-related costs 78.9 110.7 26.2
Gain on sale of business (15.5) 0.0 0.0
Operating income 106.4 543.0 380.7
Interest expense (216.3) (195.6) (93.4)
Investment income 2.0 2.9 2.9
Other income (expense)      
Debt refinancing and redemption costs (19.4) (3.5) 0.0
Gain on settlement of capital lease 15.6 0.0 0.0
Other, net (2.2) (6.8) 8.8
Income (loss) before income taxes (113.9) 340.0 299.0
Income tax expense (benefit) (57.1) 2.5 58.3
Net income (loss) (56.8) 337.5 240.7
Net income attributable to noncontrolling interests (0.7) (0.4) 0.0
Net income (loss) attributable to AAM $ (57.5) $ 337.1 $ 240.7
Basic earnings (loss) per share $ (0.51) $ 3.22 $ 3.08
Diluted earnings (loss) per share $ (0.51) $ 3.21 $ 3.06