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Equity Affiliates | 12 Months Ended
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Dec. 31, 2014
Equity Method Investments and Joint Ventures [Abstract] |
Equity Affiliates | Equity Affiliates We have a number of investments in entities that engage in the manufacture of vehicular parts – primarily axles, driveshafts and wheel-end braking systems – supplied to OEMs. Dividends received from equity affiliates were $16, $10 and $3 in 2014, 2013 and 2012. Equity method investments exceeding $5 at December 31, 2014 —
| Ownership Percentage |  | Investment
Dongfeng Dana Axle Co., Ltd. | 50% |  | $ | 143 |
Bendix Spicer Foundation Brake, LLC | 20% |  | 45 |
Axles India Limited | 48% |  | 6 |
All others as a group |  |  | 8 |
Investments in equity affiliates |  |  | 202 |
Investment in affiliates carried at cost |  |  | 2 |
Investment in affiliates |  |  | $ | 204 |
Our equity method investments in Dongfeng Dana Axle Co., Ltd. (DDAC), Bendix Spicer Foundation Brake, LLC and Axles India Limited are included in the net assets of our Commercial Vehicle operating segment. The carrying value of our equity method investments at December 31, 2014 was $74 more than our share of the affiliates’ book value, including $48 attributable to goodwill. The difference between the investment carrying value and the amount of underlying equity in assets, excluding the $48 attributable to goodwill, is being amortized on a straight-line basis over the underlying assets’ estimated useful lives of five to forty-five years. Summarized financial information for DDAC and other equity affiliates on a combined basis —
| DDAC |  | Other Equity Affiliates Combined
| 2014 |  | 2013 |  | 2012 |  | 2014 |  | 2013 |  | 2012
Sales | $ | 762 |  |  | $ | 835 |  |  | $ | 683 |  |  | $ | 564 |  |  | $ | 497 |  |  | $ | 522 |
Gross profit | $ | 82 |  |  | $ | 82 |  |  | $ | 68 |  |  | $ | 100 |  |  | $ | 79 |  |  | $ | 75 |
Pre-tax income | $ | 23 |  |  | $ | 19 |  |  | $ | 8 |  |  | $ | 33 |  |  | $ | 25 |  |  | $ | 21 |
Net income | $ | 17 |  |  | $ | 20 |  |  | $ | 7 |  |  | $ | 32 |  |  | $ | 24 |  |  | $ | 16 |
Dana's equity earnings in affiliate | $ | 5 |  |  | $ | 7 |  |  | $ | (1 | ) |  | $ | 8 |  |  | $ | 5 |  |  | $ | 3 |
| DDAC |  | Other Equity Affiliates Combined
| 2014 |  | 2013 |  | 2014 |  | 2013
Current assets | $ | 552 |  |  | $ | 663 |  |  | $ | 192 |  |  | $ | 164 |
Noncurrent assets | 177 |  |  | 167 |  |  | 73 |  |  | 69 |
Total assets | $ | 729 |  |  | $ | 830 |  |  | $ | 265 |  |  | $ | 233 |
Current liabilities | $ | 506 |  |  | $ | 613 |  |  | $ | 123 |  |  | $ | 104 |
Noncurrent liabilities | 61 |  |  | 42 |  |  | 13 |  |  | 11 |
Total liabilities | $ | 567 |  |  | $ | 655 |  |  | $ | 136 |  |  | $ | 115 |

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- Definition The entire disclosure for equity method investments and joint ventures. Equity method investments are investments that give the investor the ability to exercise significant influence over the operating and financial policies of an investee. Joint ventures are entities owned and operated by a small group of businesses as a separate and specific business or project for the mutual benefit of the members of the group. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.12) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 50 -Paragraph 3 -URI http://asc.fasb.org/extlink&oid=6382943&loc=d3e33918-111571 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=35687916&loc=d3e32787-111569 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 323 -SubTopic 10 -Section 35 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=35687916&loc=d3e32847-111569 + Details
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