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Condensed Consolidated Balance Sheets - USD ($)
$ in Millions
Sep. 30, 2019
Dec. 31, 2018
Current assets    
Cash and cash equivalents $ 375.1 $ 476.4
Accounts receivable, net 976.9 966.5
Inventories, net 403.1 459.7
Prepaid expenses and other 130.9 127.2
Current assets held-for-sale 312.2 0.0
Total current assets 2,198.2 2,029.8
Property, plant and equipment, net 2,326.4 2,514.4
Deferred income taxes 61.9 45.5
Goodwill 1,127.5 1,141.8
Other intangible assets, net 881.5 1,111.1
GM postretirement cost sharing asset 223.1 219.4
Other assets and deferred charges 497.7 448.7
Total assets 7,316.3 7,510.7
Current liabilities    
Current portion of long-term debt 23.8 121.6
Accounts payable 703.7 840.2
Accrued compensation and benefits 165.1 179.0
Deferred revenue 22.6 44.3
Accrued expenses and other 220.2 171.7
Current liabilities held-for sale 101.7 0.0
Total current liabilities 1,237.1 1,356.8
Long-term debt, net 3,673.3 3,686.8
Deferred revenue 83.1 77.6
Deferred income taxes 21.6 92.6
Postretirement benefits and other long-term liabilities 891.6 810.6
Total liabilities 5,906.7 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 September 30, 2019 and 118.9 million shares issued as of December 31, 2018 1.2 1.2
Paid-in capital 1,310.1 1,292.6
Retained earnings 703.0 703.5
Treasury stock at cost, 7.6 million shares as of September 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 (241.1) (213.9)
Foreign currency translation adjustments (131.3) (96.6)
Unrecognized loss on cash flow hedges, net of tax (25.8) (1.1)
Total AAM stockholders' equity 1,406.8 1,483.9
Noncontrolling interests in subsidiaries 2.8 2.4
Total stockholders' equity 1,409.6 1,486.3
Total liabilities and stockholders' equity $ 7,316.3 $ 7,510.7