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Segment Reporting (Tables) | 6 Months Ended
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Jun. 30, 2019
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 June 30, 2019 and 2018 (in millions):
|  | Three Months Ended June 30, 2019
|  | Driveline |  | Metal Forming |  | Casting |  | Total
Sales |  | $ | 1,141.1 |  |  | $ | 484.2 |  |  | $ | 220.7 |  |  | $ | 1,846.0 |
Less: intersegment sales |  | 1.1 |  |  | 106.8 |  |  | 33.8 |  |  | 141.7 |
Net external sales |  | $ | 1,140.0 |  |  | $ | 377.4 |  |  | $ | 186.9 |  |  | $ | 1,704.3 |
Segment Adjusted EBITDA |  | $ | 152.9 |  |  | $ | 88.0 |  |  | $ | 25.1 |  |  | $ | 266.0 |
|  | Three Months Ended June 30, 2018
|  | Driveline |  | Metal Forming |  | Casting |  | Total
Sales |  | $ | 1,274.3 |  |  | $ | 530.4 |  |  | $ | 243.2 |  |  | $ | 2,047.9 |
Less: intersegment sales |  | 1.7 |  |  | 111.8 |  |  | 33.5 |  |  | 147.0 |
Net external sales |  | $ | 1,272.6 |  |  | $ | 418.6 |  |  | $ | 209.7 |  |  | $ | 1,900.9 |
Segment Adjusted EBITDA |  | $ | 204.3 |  |  | $ | 116.7 |  |  | $ | 26.9 |  |  | $ | 347.9 |
The following tables represent information by reportable segment for the six months ended June 30, 2019 and 2018 (in millions):
|  | Six Months Ended June 30, 2019
|  | Driveline |  | Metal Forming |  | Casting |  | Total
Sales |  | $ | 2,275.8 |  |  | $ | 967.5 |  |  | $ | 446.0 |  |  | $ | 3,689.3 |
Less: intersegment sales |  | 2.0 |  |  | 202.0 |  |  | 61.8 |  |  | 265.8 |
Net external sales |  | $ | 2,273.8 |  |  | $ | 765.5 |  |  | $ | 384.2 |  |  | $ | 3,423.5 |
Segment Adjusted EBITDA |  | $ | 290.1 |  |  | $ | 173.3 |  |  | $ | 47.6 |  |  | $ | 511.0 |
|  | Six Months Ended June 30, 2018
|  | Driveline |  | Metal Forming |  | Casting |  | Total
Sales |  | $ | 2,490.4 |  |  | $ | 1,072.7 |  |  | $ | 482.2 |  |  | $ | 4,045.3 |
Less: intersegment sales |  | 3.5 |  |  | 219.8 |  |  | 62.7 |  |  | 286.0 |
Net external sales |  | $ | 2,486.9 |  |  | $ | 852.9 |  |  | $ | 419.5 |  |  | $ | 3,759.3 |
Segment Adjusted EBITDA |  | $ | 394.0 |  |  | $ | 222.4 |  |  | $ | 48.5 |  |  | $ | 664.9 |
The following table represents total assets by segment as of June 30, 2019 and December 31, 2018 (in millions):
|  | Driveline |  | Metal Forming |  | Casting |  | Corporate and Elims |  | Total
Total Assets as of June 30, 2019 |  | $ | 3,621.5 |  |  | $ | 2,657.2 |  |  | $ | 673.4 |  |  | $ | 595.8 |  |  | $ | 7,547.9 |
Total Assets as of December 31, 2018 |  | 3,529.2 |  |  | 2,723.0 |  |  | 664.7 |  |  | 593.8 |  |  | 7,510.7 |
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 months and six months ended June 30, 2019 and 2018 (in millions):
| Three Months Ended June 30, |  | Six Months Ended June 30,
| 2019 |  | 2018 |  | 2019 |  | 2018
Total Segment Adjusted EBITDA | $ | 266.0 |  |  | $ | 347.9 |  |  | $ | 511.0 |  |  | $ | 664.9 |
Interest expense | (56.2 | ) |  | (54.4 | ) |  | (109.6 | ) |  | (107.6 | )
Depreciation and amortization | (136.5 | ) |  | (130.2 | ) |  | (277.3 | ) |  | (258.0 | )
Restructuring and acquisition-related costs | (12.2 | ) |  | (36.8 | ) |  | (24.3 | ) |  | (55.1 | )
Gain on sale of business | — |  |  | 15.5 |  |  | — |  |  | 15.5 |
Gain on settlement of capital lease | — |  |  | 15.6 |  |  | — |  |  | 15.6 |
Debt refinancing and redemption costs | (2.4 | ) |  | (4.3 | ) |  | (2.4 | ) |  | (14.6 | )
Income before income taxes | $ | 58.7 |  |  | $ | 153.3 |  |  | $ | 97.4 |  |  | $ | 260.7 |

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- 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 Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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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. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 22 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 25 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 350 -SubTopic 20 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 21 -Subparagraph (b) -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599 Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599 + Details
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