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Segments | 3 Months Ended
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Mar. 31, 2012
Segments | Note 16. Segments The components that management establishes for purposes of making decisions about an enterprise’s operating matters are referred to as “operating segments.” We manage our operations globally through five operating segments: two on-highway segments – LVD and Commercial Vehicle – Off-Highway, Power Technologies and Structures. We report the results of our operating segments and related disclosures about each of our segments on the basis that is used internally for evaluating segment performance and deciding how to allocate resources to those segments. The primary measure of operating results is segment EBITDA. The most significant impact on our ongoing results of operations as a result of applying fresh start accounting following our emergence from bankruptcy was higher depreciation and amortization. Management believes by using segment EBITDA, a performance measure which excludes depreciation and amortization, the comparability of results is enhanced. In addition, segment EBITDA is an important measure since the financial covenants in our debt agreements are based, in part, on EBITDA. Our segments are charged for corporate and other shared administrative costs. Segment information —
|  | 2012 |  |  | 2011 |
|  |  |  |  | Inter- |  |  |  |  |  |  |  |  | Inter- |  |  |  |
Three Months Ended |  | External |  |  | Segment |  |  | Segment |  |  | External |  |  | Segment |  |  | Segment |
March 31, |  | Sales |  |  | Sales |  |  | EBITDA |  |  | Sales |  |  | Sales |  |  | EBITDA |
LVD |  | $ | 727 |  |  | $ | 58 |  |  | $ | 63 |  |  | $ | 673 |  |  | $ | 56 |  |  | $ | 66 |
Power Technologies |  |  | 268 |  |  |  | 5 |  |  |  | 40 |  |  |  | 267 |  |  |  | 7 |  |  |  | 40 |
Commercial Vehicle |  |  | 551 |  |  |  | 33 |  |  |  | 61 |  |  |  | 475 |  |  |  | 29 |  |  |  | 43 |
Off-Highway |  |  | 418 |  |  |  | 15 |  |  |  | 49 |  |  |  | 373 |  |  |  | 15 |  |  |  | 41 |
Structures |  |  | 13 |  |  |  |  |  |  |  | 2 |  |  |  | 11 |  |  |  |  |  |  |  |  |
Eliminations and other |  |  |  |  |  |  | (111 | ) |  |  |  |  |  |  | 1 |  |  |  | (107 | ) |  |  |  |
Total |  | $ | 1,977 |  |  | $ | - |  |  | $ | 215 |  |  | $ | 1,800 |  |  | $ | - |  |  | $ | 190 |
Reconciliation of segment EBITDA to consolidated net income (loss) —
|  | Three Months Ended |
|  | March 31, |
|  | 2012 |  |  | 2011 |
Segment EBITDA |  | $ | 215 |  |  | $ | 190 |
Corporate expense and other items, net |  |  | (3 | ) |  |  | (9 | )
Depreciation |  |  | (49 | ) |  |  | (55 | )
Amortization of intangibles |  |  | (22 | ) |  |  | (21 | )
Restructuring |  |  | (6 | ) |  |  | (30 | )
Loss on extinguishment of debt |  |  |  |  |  |  | (53 | )
Strategic transaction and other expenses |  |  | (5 | ) |  |  | (4 | )
Loss on sale of assets |  |  | (3 | ) |  |  | (1 | )
Stock compensation expense |  |  | (7 | ) |  |  | (2 | )
Foreign exchange on intercompany loans |  |  |  |  |  |  |  |
and market value adjustments on forwards |  |  | 1 |  |  |  | (1 | )
Interest expense |  |  | (21 | ) |  |  | (19 | )
Interest income |  |  | 6 |  |  |  | 7 |
Income before income taxes |  |  | 106 |  |  |  | 2 |
Income tax expense |  |  | 37 |  |  |  | 31 |
Equity in earnings of affiliates |  |  | 4 |  |  |  | 4 |
Net income (loss) |  | $ | 73 |  |  | $ | (25 | )

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- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8864-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8906-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8933-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8984-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8538-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9054-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8595-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 131 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8981-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8971-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8844-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9031-108599 Reference 15: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=6534315&loc=d3e9038-108599 + Details
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