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v3.20.4

Segment and Geographic Information (Tables) | 12 Months Ended
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Dec. 31, 2020
Segments, Geographical Areas [Abstract] |
Schedule of Segment Reporting Information, by Segment [Table Text Block] |
|  | Year Ended December 31, 2020
|  | Driveline |  | Metal Forming |  |  |  | Casting |  | Corporate and Eliminations |  | Total
|  | (in millions)
Sales |  | $ | 3,635.6 |  |  | $ | 1,439.2 |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 5,074.8 |
Less: Intersegment sales |  | 30.1 |  |  | 333.9 |  |  |  |  | — |  |  | — |  |  | 364.0 |
Net external sales |  | $ | 3,605.5 |  |  | $ | 1,105.3 |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 4,710.8 |
Segment adjusted EBITDA |  | $ | 501.7 |  |  | $ | 218.1 |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 719.8 |
Depreciation and amortization |  | $ | 332.7 |  |  | $ | 189.2 |  |  |  |  | $ | — |  |  | $ | — |  |  | $ | 521.9 |
Capital expenditures |  | $ | 133.5 |  |  | $ | 73.7 |  |  |  |  | $ | — |  |  | $ | 8.4 |  |  | $ | 215.6 |
Total assets |  | $ | 3,231.3 |  |  | $ | 1,484.7 |  |  |  |  | $ | — |  |  | $ | 1,200.3 |  |  | $ | 5,916.3 |
|  | Year Ended December 31, 2019
|  | Driveline |  | Metal Forming |  |  |  | Casting |  | Corporate and Eliminations |  | Total
Sales |  | $ | 4,550.2 |  |  | $ | 1,845.2 |  |  |  |  | $ | 669.2 |  |  | $ | — |  |  | $ | 7,064.6 |
Less: Intersegment sales |  | 100.5 |  |  | 391.7 |  |  |  |  | 41.5 |  |  | — |  |  | 533.7 |
Net external sales |  | $ | 4,449.7 |  |  | $ | 1,453.5 |  |  |  |  | $ | 627.7 |  |  | $ | — |  |  | $ | 6,530.9 |
Segment adjusted EBITDA |  | $ | 610.8 |  |  | $ | 316.5 |  |  |  |  | $ | 43.0 |  |  | $ | — |  |  | $ | 970.3 |
Depreciation and amortization |  | $ | 307.7 |  |  | $ | 186.9 |  |  |  |  | $ | 42.3 |  |  | $ | — |  |  | $ | 536.9 |
Capital expenditures |  | $ | 283.8 |  |  | $ | 105.5 |  |  |  |  | $ | 28.5 |  |  | $ | 15.5 |  |  | $ | 433.3 |
Total assets |  | $ | 3,778.8 |  |  | $ | 1,900.0 |  |  |  |  | $ | — |  |  | $ | 965.8 |  |  | $ | 6,644.6 |
|  | Year Ended December 31, 2018
|  | Driveline |  | Metal Forming |  |  |  | Casting |  | Corporate and Eliminations |  | Total
Sales |  | $ | 5,001.2 |  |  | $ | 2,046.0 |  |  |  |  | $ | 780.6 |  |  | $ | — |  |  | $ | 7,827.8 |
Less: Intersegment sales |  | 89.8 |  |  | 428.3 |  |  |  |  | 39.3 |  |  | — |  |  | 557.4 |
Net external sales |  | $ | 4,911.4 |  |  | $ | 1,617.7 |  |  |  |  | $ | 741.3 |  |  | $ | — |  |  | $ | 7,270.4 |
Segment adjusted EBITDA |  | $ | 754.5 |  |  | $ | 376.5 |  |  |  |  | $ | 52.9 |  |  | $ | — |  |  | $ | 1,183.9 |
Depreciation and amortization |  | $ | 272.0 |  |  | $ | 192.6 |  |  |  |  | $ | 64.2 |  |  | $ | — |  |  | $ | 528.8 |
Capital expenditures |  | $ | 339.4 |  |  | $ | 138.3 |  |  |  |  | $ | 35.0 |  |  | $ | 12.0 |  |  | $ | 524.7 |
Total assets |  | $ | 3,796.6 |  |  | $ | 2,607.2 |  |  |  |  | $ | 521.5 |  |  | $ | 585.4 |  |  | $ | 7,510.7 |
Assets included in the Corporate and Eliminations column of the tables above represent AAM corporate assets, as well as eliminations of intercompany assets.
Reconciliation of Operating Profit (Loss) from Segments to Consolidated [Table Text Block] | The following table represents a reconciliation of Segment Adjusted EBITDA to consolidated loss before income taxes for the years ended December 31, 2020, 2019 and 2018:
|  | Year Ended December 31,
|  | 2020 |  | 2019 |  | 2018
|  | (in millions)
Segment adjusted EBITDA |  | $ | 719.8 |  |  | $ | 970.3 |  |  | $ | 1,183.9 |
Interest expense |  | (212.3) |  |  | (217.3) |  |  | (216.3) |
Depreciation and amortization |  | (521.9) |  |  | (536.9) |  |  | (528.8) |
Impairment charges |  | (510.0) |  |  | (665.0) |  |  | (485.5) |
Restructuring and acquisition-related costs |  | (67.2) |  |  | (57.8) |  |  | (78.9) |
Pension settlements |  | (0.5) |  |  | (9.8) |  |  | — |
Gain (loss) on sale of business |  | (1.0) |  |  | (21.3) |  |  | 15.5 |
Gain on bargain purchase of business |  | — |  |  | 10.8 |  |  | — |
Gain on settlement of capital lease |  | — |  |  | — |  |  | 15.6 |
Debt refinancing and redemption costs |  | (7.9) |  |  | (8.4) |  |  | (19.4) |
Malvern Fire charges, net of recoveries |  | (9.3) |  |  | — |  |  | — |
Other |  | — |  |  | 2.4 |  |  | — |
Loss before income taxes |  | $ | (610.3) |  |  | $ | (533.0) |  |  | $ | (113.9) |
Schedule of Disclosure on Geographic Areas, Revenue and Long-Lived Assets by Country [Table Text Block] | Financial information relating to our operations by geographic area is presented in the following table. Net sales are attributed to countries based upon location of production. Long-lived assets exclude deferred income taxes.
| December 31,
| 2020 |  | 2019 |  | 2018
| (in millions)
Net sales |  |  |  |  |
United States | $ | 1,816.7 |  |  | $ | 2,894.0 |  |  | $ | 3,293.2 |
Mexico | 1,808.5 |  |  | 2,353.1 |  |  | 2,547.1 |
South America | 57.6 |  |  | 105.3 |  |  | 129.7 |
China | 317.1 |  |  | 315.4 |  |  | 373.4 |
All other Asia | 160.4 |  |  | 255.8 |  |  | 304.9 |
Europe | 550.5 |  |  | 607.3 |  |  | 622.1 |
Total net sales | $ | 4,710.8 |  |  | $ | 6,530.9 |  |  | $ | 7,270.4 |
Long-lived assets |  |  |  |  |
United States | $ | 2,099.4 |  |  | $ | 2,805.8 |  |  | $ | 3,612.3 |
Mexico | 1,021.6 |  |  | 1,117.4 |  |  | 1,117.9 |
South America | 49.7 |  |  | 61.9 |  |  | 70.6 |
China | 185.1 |  |  | 191.4 |  |  | 177.6 |
All other Asia | 84.2 |  |  | 106.8 |  |  | 101.0 |
Europe | 491.5 |  |  | 439.4 |  |  | 356.0 |
Total long-lived assets | $ | 3,931.5 |  |  | $ | 4,722.7 |  |  | $ | 5,435.4 |

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- Definition Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e9038-108599 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 220 -SubTopic 10 -Section S99 -Paragraph 2 -Subparagraph (SX 210.5-03.1) -URI http://asc.fasb.org/extlink&oid=120395209&loc=SL114868664-224227 + 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=120311839&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=120311839&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=121556970&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 30 -URI http://asc.fasb.org/extlink&oid=120311839&loc=d3e8906-108599 + Details
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