Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2022

Revenue from Contract with Customers [Abstract]

Disaggregation of Revenue [Table Text Block]

Disaggregation of Net Sales

Net sales recognized from contracts with customers, disaggregated by segment and geographical location, are presented in the following table for the years ended December 31, 2022, 2021 and 2020. Net sales are attributed to regions based on the location of production. Intersegment sales have been excluded from the table.


	Twelve Months Ended December 31, 2022
	Driveline		Metal Forming		Total
	(in millions)
North America	$	3,202.4	$	1,238.8	$	4,441.2
Asia	449.8		43.5		493.3
Europe	391.6		338.9		730.5
South America	82.3		55.1		137.4
Total	$	4,126.1	$	1,676.3	$	5,802.4

	Twelve Months Ended December 31, 2021
	Driveline		Metal Forming		Total
North America	$	2,839.8	$	1,142.6	$	3,982.4
Asia	441.6		47.4		489.0
Europe	374.8		216.1		590.9
South America	85.3		9.0		94.3
Total	$	3,741.5	$	1,415.1	$	5,156.6

	Twelve Months Ended December 31, 2020
	Driveline		Metal Forming		Total
North America	$	2,537.2	$	1,087.9	$	3,625.1
Asia	433.7		43.8		477.5
Europe	352.5		198.0		550.5
South America	49.2		8.5		57.7
Total	$	3,372.6	$	1,338.2	$	4,710.8

Contract Assets and Liabilities

The following table summarizes our beginning and ending balances for accounts receivable and contract liabilities associated with our contracts with customers (in millions):



	Accounts Receivable, Net		Contract Liabilities (Current)		Contract Liabilities (Long-term)
December 31, 2021	$	762.8	$	28.1	$	94.8
December 31, 2022	820.2		28.1		73.4
Increase/(decrease)	$	57.4	$	—	$	(21.4)