XML 11 R3.htm IDEA: XBRL DOCUMENT v2.3.0.15
CONDENSED CONSOLIDATED BALANCE SHEETS (USD $)
In Millions
Sep. 30, 2011
Dec. 31, 2010
Current assets  
Cash and cash equivalents$ 114.4$ 244.6
Accounts receivable, net384.8146.6
Inventories, net157.7130.3
Prepaid expenses and other current assets83.180.6
Total current assets740.0602.1
Property, plant and equipment, net942.6936.3
Goodwill156.0155.8
GM postretirement cost sharing asset240.6244.4
Other assets and deferred charges153.6176.1
Total assets2,232.82,114.7
Current liabilities  
Accounts payable363.6283.6
Accrued compensation and benefits118.2115.1
Deferred revenue45.679.9
Accrued expenses and other current liabilities87.090.5
Total current liabilities614.4569.1
Long-term debt1,050.61,010.0
Deferred revenue92.8116.0
Postretirement benefits and other long-term liabilities848.3887.7
Total liabilities2,606.12,582.8
Stockholders' deficit  
Common stock, par value $0.01 per share0.80.8
Paid-in capital596.6588.1
Accumulated deficit(674.6)(786.3)
Treasury stock at cost, 5.5 million shares as of September 30, 2011 and December 31, 2010(176.2)(176.1)
Accumulated other comprehensive income (loss), net of tax  
Defined benefit plans(148.2)(152.1)
Foreign currency translation adjustments27.844.8
Unrecognized gain (loss) on derivatives(6.6)1.3
Total AAM stockholders' deficit(380.4)(479.5)
Noncontrolling interest in subsidiaries7.111.4
Total stockholders’ deficit(373.3)(468.1)
Total liabilities and stockholders' deficit$ 2,232.8$ 2,114.7