XML 46 R35.htm IDEA: XBRL DOCUMENT v3.5.0.2
GOODWILL AND OTHER INTANGIBLE ASSETS (Tables)
6 Months Ended
Jun. 30, 2016
Goodwill and Intangible Assets Disclosure [Abstract]  
Components of Definite-Lived Intangible Assets
A summary of changes in the net carrying amounts of goodwill by segment are as follows:
 
Six Months Ended June 30, 2016
 
Powertrain
 
Motorparts
 
Total
Net carrying amount, January 1
$
512

 
$
161

 
$
673

Acquisitions and purchase accounting adjustments
6

 

 
6

Foreign exchange
6

 

 
6

Net carrying amount, March 31
524

 
161

 
685

Acquisitions and purchase accounting adjustments

 

 

Impairment charges
(6
)
 

 
(6
)
Foreign exchange

 

 

Net carrying amount, June 30
$
518

 
$
161

 
$
679

 
 
 
 
 
 
 
Powertrain
 
Motorparts
 
Total
Accumulated impairment charges at June 30, 2016
$
142

 
$
648

 
$
790

Accumulated impairment charges at December 31, 2015
$
136

 
$
648

 
$
784

At June 30, 2016 and December 31, 2015, intangible assets consist of the following:
 
 
June 30, 2016
 
December 31, 2015
 
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
 
Gross
Carrying
Amount
 
Accumulated
Amortization
 
Net
Carrying
Amount
Definite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Developed technology
 
$
138

 
$
(93
)
 
$
45

 
$
140

 
$
(86
)
 
$
54

Customer relationships
 
684

 
(355
)
 
329

 
683

 
(333
)
 
350

 
 
$
822

 
$
(448
)
 
$
374

 
$
823

 
$
(419
)
 
$
404

 
 
 
 
 
 
 
 
 
 
 
 
 
Indefinite-lived intangible assets:
 
 
 
 
 
 
 
 
 
 
 
 
Trademarks and brand names
 
 
 
 
 
$
228

 
 
 
 
 
$
230

Finite-lived Intangible Assets Amortization Expense [Table Text Block]
The Company's recorded amortization expense associated with definite-lived intangible assets was:
 
Six Months Ended
 
June 30,
 
2016
 
2015
Amortization expense
$
29

 
$
29

Schedule of Finite-Lived Intangible Assets, Future Amortization Expense
The Company’s estimated future amortization expense for its definite-lived intangible assets is as follows:
 
Remaining 2016
 
2017
 
2018
 
2019
 
2020
 
2021 and thereafter
 
Total
Expected amortization expenses
$
30

 
58

 
49

 
49

 
49

 
139

 
374