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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Jun. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 248.8 $ 476.4
Accounts receivable, net 1,138.0 966.5
Inventories, net 459.9 459.7
Prepaid expenses and other 130.0 127.2
Total current assets 1,976.7 2,029.8
Property, plant and equipment, net 2,544.4 2,514.4
Deferred income taxes 51.9 45.5
Goodwill 1,140.9 1,141.8
Other intangible assets, net 1,063.1 1,111.1
GM postretirement cost sharing asset 224.1 219.4
Other assets and deferred charges 546.8 448.7
Total assets 7,547.9 7,510.7
Current liabilities    
Current portion of long-term debt 26.0 121.6
Accounts payable 853.4 840.2
Accrued compensation and benefits 159.6 179.0
Deferred revenue 33.6 44.3
Accrued expenses and other 194.5 171.7
Total current liabilities 1,267.1 1,356.8
Long-term debt, net 3,674.2 3,686.8
Deferred revenue 87.5 77.6
Deferred income taxes 67.4 92.6
Postretirement benefits and other long-term liabilities 879.5 810.6
Total liabilities 5,975.7 6,024.4
Stockholders' equity    
Common stock, par value $0.01 per share; 150.0 million shares authorized; 120.1 million shares issued as of June 30, 2019 and 118.9 million shares issued as of December 31, 2018 1.2 1.2
Paid-in capital 1,303.8 1,292.6
Retained earnings 827.2 703.5
Treasury stock at cost, 7.6 million shares as of June 30, 2019 and 7.2 million shares as of December 31, 2018 (209.3) (201.8)
Accumulated other comprehensive loss    
Defined benefit plans, net of tax (239.8) (213.9)
Foreign currency translation adjustments (94.2) (96.6)
Unrecognized loss on cash flow hedges, net of tax (19.4) (1.1)
Total AAM stockholders' equity 1,569.5 1,483.9
Noncontrolling interests in subsidiaries 2.7 2.4
Total stockholders' equity 1,572.2 1,486.3
Total liabilities and stockholders' equity $ 7,547.9 $ 7,510.7