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Segments (Tables)
3 Months Ended
Mar. 31, 2013
Segment Reporting [Abstract]  
Segment Information
Segment information
 
 
 
2013
 
2012
Three Months Ended
March 31,
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
LVD
 
$
619

 
$
33

 
$
41

 
$
727

 
$
58

 
$
63

Power Technologies
 
256

 
5

 
36

 
268

 
5

 
40

Commercial Vehicle
 
458

 
32

 
41

 
551

 
33

 
61

Off-Highway
 
343

 
12

 
41

 
418

 
15

 
49

Eliminations and other
 


 
(82
)
 


 


 
(111
)
 


Total
 
$
1,676

 
$

 
$
159

 
$
1,964

 
$

 
$
213

Reconciliation of Segment EBITDA to Consolidated Income (Loss) Before Income Taxes
Reconciliation of segment EBITDA to consolidated net income
 

Three Months Ended
March 31,
 
2013

2012
Segment EBITDA
$
159


$
213

Corporate expense and other items, net
(1
)

(3
)
Depreciation
(42
)

(48
)
Amortization of intangibles
(22
)

(22
)
Restructuring
(2
)

(5
)
Strategic transaction and other expenses
(3
)

(4
)
Impairment and loss on sale of assets



(3
)
Stock compensation expense
(5
)

(7
)
Foreign exchange on intercompany loans and market value adjustments on forwards
1


1

Interest expense
(21
)

(21
)
Interest income
7


6

Income from continuing operations before income taxes
71


107

Income tax expense
27


37

Equity in earnings of affiliates
4


4

Income from continuing operations
48


74

Income (loss) from discontinued operations
2


(1
)
Net income
$
50


$
73