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Segment and Geographic Information (Tables)

12 Months Ended

Dec. 31, 2024

Segments, Geographical Areas [Abstract]

Schedule of Segment Reporting Information, by Segment [Table Text Block]

						Year Ended December 31, 2024
						Driveline						Metal Forming																		Corporate and Eliminations						Total
						(in millions)
Sales						$	4,253.3					$	2,414.3																	$	—					$	6,667.6
Less: Intersegment sales						1.4						541.3																		—						542.7
Net external sales						$	4,251.9					$	1,873.0																	$	—					$	6,124.9
Cost of goods sold (a)						3,392.8						1,623.8																		—						5,016.6
Selling, general and administrative expenses (b)						287.9						79.3																		—						367.2
Other segment expense (income), net (c)						(7.0)						(1.1)																		—						(8.1)
Segment adjusted EBITDA						$	578.2					$	171.0																	$	—					$	749.2
Depreciation and amortization						$	246.5					$	223.2																	$	—					$	469.7
Capital expenditures						$	140.3					$	103.5																	$	4.2					$	248.0
Total assets						$	2,420.6					$	1,636.8																	$	1,002.5					$	5,059.9
(a) Cost of goods sold excludes depreciation and amortization, which was $210.2 million for Driveline and $156.7 million for Metal Forming for the year ended December 31, 2024.
(b) Selling, general and administrative expenses excludes depreciation, which was $16.4 million for Driveline and $3.5 million for Metal Forming for the year ended December 31, 2024.
(c) Other segment expense (income), net primarily consists of the net impact of interest income and foreign exchange gains and losses.

						Year Ended December 31, 2023
						Driveline						Metal Forming																		Corporate and Eliminations						Total
Sales						$	4,176.7					$	2,454.3																	$	—					$	6,631.0
Less: Intersegment sales						0.2						551.3																		—						551.5
Net external sales						$	4,176.5					$	1,903.0																	$	—					$	6,079.5
Cost of goods sold (a)						3,396.1						1,676.9																		—						5,073.0
Selling, general and administrative expenses (b)						263.2						84.1																		—						347.3
Other segment expense (income), net (c)						(26.4)						(7.7)																		—						(34.1)
Segment adjusted EBITDA						$	543.6					$	149.7																	$	—					$	693.3
Depreciation and amortization						$	260.3					$	226.9																	$	—					$	487.2
Capital expenditures						$	105.9					$	80.1																	$	8.6					$	194.6
Total assets						$	2,554.3					$	1,788.7																	$	1,013.3					$	5,356.3
(a) Cost of goods sold excludes depreciation and amortization, which was $222.7 million for Driveline and $159.5 million for Metal Forming for the year ended December 31, 2023.
(b) Selling, general and administrative expenses excludes depreciation, which was $16.0 million for Driveline and $3.6 million for Metal Forming for the year ended December 31, 2023.
(c) Other segment expense (income), net primarily consists of the net impact of interest income and foreign exchange gains and losses.

						Year Ended December 31, 2022
						Driveline						Metal Forming																		Corporate and Eliminations						Total
Sales						$	4,063.5					$	2,280.7																	$	—					$	6,344.2
Less: Intersegment sales						—						541.8																		—						541.8
Net external sales						$	4,063.5					$	1,738.9																	$	—					$	5,802.4
Cost of goods sold (a)						3,305.0						1,404.4																		—						4,709.4
Selling, general and administrative expenses (b)						256.4						70.2																		—						326.6
Other segment expense (income), net (c)						(8.8)						27.9																		—						19.1
Segment adjusted EBITDA						$	510.9					$	236.4																	$	—					$	747.3
Depreciation and amortization						$	272.7					$	219.4																	$	—					$	492.1
Capital expenditures						$	103.3					$	62.9																	$	5.2					$	171.4
Total assets						$	2,542.0					$	1,900.3																	$	1,027.1					$	5,469.4
(a) Cost of goods sold excludes depreciation and amortization, which was $232.0 million for Driveline and $156.1 million for Metal Forming for the year ended December 31, 2022.
(b) Selling, general and administrative expenses excludes depreciation, which was $14.8 million for Driveline and $3.7 million for Metal Forming for the year ended December 31, 2022.
(c) Other segment expense (income), net primarily consists of the net impact of interest income and foreign exchange gains and losses, as well as amounts related to the Malvern Fire and Tekfor acquisition.

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 income (loss) before income taxes for the years ended December 31, 2024, 2023 and 2022:

						Year Ended December 31,
						2024						2023						2022
						(in millions)
Segment adjusted EBITDA						$	749.2					$	693.3					$	747.3
Interest expense						(186.0)						(201.7)						(174.5)
Depreciation and amortization						(469.7)						(487.2)						(492.1)
Impairment charge						(12.0)						—						—
Restructuring and acquisition-related costs						(18.0)						(25.2)						(30.2)
Pension curtailment and settlement charges						—						(1.3)						—
Loss on equity securities						(0.1)						(1.1)						(25.5)
Debt refinancing and redemption costs						(0.6)						(1.3)						(6.4)
Malvern Fire insurance recoveries, net of charges						—						—						39.1
Acquisition-related fair value inventory adjustment						—						—						(5.0)
Gain on bargain purchase of business						—						—						13.6
Income (loss) before income taxes						$	62.8					$	(24.5)					$	66.3

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,
			2024						2023						2022
			(in millions)
Net sales
United States			$	2,195.5					$	2,163.5					$	2,148.0
Mexico			2,249.3						2,273.5						2,293.2
South America			171.5						184.4						137.4
China			328.8						271.6						280.0
All other Asia			283.0						273.1						213.3
Europe			896.8						913.4						730.5
Total net sales			$	6,124.9					$	6,079.5					$	5,802.4
Long-lived assets
United States			$	1,621.8					$	1,694.3					$	1,778.9
Mexico			739.8						778.4						821.3
South America			59.8						75.8						71.2
China			92.1						110.9						130.1
All other Asia			50.2						79.2						80.5
Europe			381.9						441.7						475.0
Total long-lived assets			$	2,945.6					$	3,180.3					$	3,357.0

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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.

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