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Note 20 - Equity Affiliates | 12 Months Ended
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Dec. 31, 2024
Notes to Financial Statements |
Equity Method Investments and Joint Ventures Disclosure [Text Block] | Note 20. Equity Affiliates We have a number of investments in entities that engage in the manufacture and supply of vehicular parts (primarily axles, axle housing and driveshafts). Dividends received from equity affiliates were $3, $3 and $32 in 2024, 2023 and 2022. Equity method investments exceeding $5 at December 31, 2024 —
|  | Ownership Percentage |  |  | Investment |
Dongfeng Dana Axle Co., Ltd. (DDAC) |  | 50% |  |  | $ | 54 |
ROC-Spicer, Ltd. (ROC-Spicer) |  | 50% |  |  |  | 21 |
Axles India Limited (AIL) |  | 48% |  |  |  | 16 |
Tai Ya Investment (HK) Co., Limited (Tai Ya) |  | 50% |  |  |  | 5 |
All others as a group |  |  |  |  |  | 6 |
Investments in equity affiliates |  |  |  |  |  | 102 |
Investments in affiliates carried at cost |  |  |  |  |  | 24 |
Investments in affiliates |  |  |  |  | $ | 126 |
The carrying value of our equity method investments at December 31, 2024 was $5 morethan our share of the affiliates’ book values. The basis differences relate to our DDAC and ROC-Spicer investments and are primarily attributable to goodwill and property, plant and equipment.

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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/recommendedDisclosureRef -Topic 740 -SubTopic 323 -Name Accounting Standards Codification -Section 50 -Paragraph 2 -Subparagraph (f) -Publisher FASB -URI https://asc.fasb.org/1943274/2147478156/740-323-50-2 Reference 2: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (a)(3) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 3: http://www.xbrl.org/2003/role/disclosureRef -Topic 323 -SubTopic 10 -Name Accounting Standards Codification -Section 50 -Paragraph 3 -Subparagraph (d) -Publisher FASB -URI https://asc.fasb.org/1943274/2147481687/323-10-50-3 Reference 4: http://www.xbrl.org/2003/role/disclosureRef -Name Accounting Standards Codification -Topic 323 -Publisher FASB -URI https://asc.fasb.org/323/tableOfContent + Details
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