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Condensed Consolidated Statements of Operations - USD ($)
$ in Millions
 3 Months Ended 9 Months Ended
Sep. 30, 2021
Sep. 30, 2020
Sep. 30, 2021
Sep. 30, 2020
Net sales $ 1,213.1 $ 1,414.1 $ 3,921.5 $ 3,272.9
Cost of goods sold 1,047.5 1,164.3 3,338.8 2,926.7
Gross profit 165.6 249.8 582.7 346.2
Selling, general and administrative expenses 90.5 66.5 266.7 230.6
Amortization of intangible assets 21.4 21.6 64.3 65.0
Impairment charges 0.0 0.0 0.0 510.0
Restructuring and acquisition-related costs 7.4 9.7 40.8 38.6
Loss on sale of business 0.0 0.0 2.7 1.0
Operating income (loss) 46.3 152.0 208.2 (499.0)
Interest expense (49.7) (53.9) (150.7) (160.0)
Interest income 2.7 3.4 8.2 9.2
Debt refinancing and redemption costs (31.6) (5.2) (34.0) (6.7)
Unrealized gain on equity securities 19.4 0.0 19.4 0.0
Other expense, net (3.1) (1.6) (1.3) (3.8)
Income (loss) before income taxes (16.0) 94.7 49.8 (660.3)
Income tax benefit (13.6) (22.5) (2.4) (63.1)
Net income (loss) (2.4) 117.2 52.2 (597.2)
Net income attributable to noncontrolling interests 0.0 0.0 0.0 (0.1)
Net income (loss) attributable to AAM $ (2.4) $ 117.2 $ 52.2 $ (597.3)
Basic earnings (loss) per share $ (0.02) $ 0.99 $ 0.44 $ (5.28)
Diluted earnings (loss) per share $ (0.02) $ 0.99 $ 0.44 $ (5.28)