Revenue from Contracts with Customers (Tables)

12 Months Ended

Dec. 31, 2023

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, 2023, 2022 and 2021. 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, 2023
	Driveline		Metal Forming		Total
	(in millions)
North America	$	3,133.8	$	1,303.2	$	4,437.0
Asia	506.4		38.3		544.7
Europe	441.2		472.2		913.4
South America	95.1		89.3		184.4
Total	$	4,176.5	$	1,903.0	$	6,079.5

	Twelve Months Ended December 31, 2022
	Driveline		Metal Forming		Total
North America	$	3,139.8	$	1,301.4	$	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	$	4,063.5	$	1,738.9	$	5,802.4

	Twelve Months Ended December 31, 2021
	Driveline		Metal Forming		Total
North America	$	2,793.4	$	1,189.0	$	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	$	3,695.1	$	1,461.5	$	5,156.6

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, 2022	$	820.2	$	28.1	$	73.4
December 31, 2023	818.5		16.6		70.4
Increase/(decrease)	$	(1.7)	$	(11.5)	$	(3.0)