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Segments (Tables)
9 Months Ended
Sep. 30, 2014
Segment Reporting [Abstract]  
Segment Information
Segment information
 
 
2014
 
2013
Three Months Ended September 30,
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
Light Vehicle
 
$
608

 
$
37

 
$
70

 
$
629

 
$
31

 
$
67

Commercial Vehicle
 
487

 
25

 
47

 
465

 
29

 
52

Off-Highway
 
283

 
8

 
40

 
318

 
12

 
40

Power Technologies
 
259

 
5

 
37

 
257

 
5

 
39

Eliminations and other
 


 
(75
)
 


 


 
(77
)
 


Total
 
$
1,637

 
$

 
$
194

 
$
1,669

 
$

 
$
198

 
 
 

 
 

 
 

 
 

 
 

 
 

Nine Months Ended September 30,
 
 

 
 

 
 

 
 

 
 

 
 

Light Vehicle
 
$
1,862

 
$
108

 
$
176

 
$
1,921

 
$
97

 
$
179

Commercial Vehicle
 
1,407

 
71

 
138

 
1,421

 
93

 
154

Off-Highway
 
959

 
28

 
128

 
1,025

 
36

 
127

Power Technologies
 
807

 
15

 
120

 
778

 
16

 
114

Eliminations and other
 


 
(222
)
 


 


 
(242
)
 


Total
 
$
5,035

 
$

 
$
562

 
$
5,145

 
$

 
$
574

Reconciliation of Segment EBITDA to Consolidated Net Income
Reconciliation of segment EBITDA to consolidated net income


Three Months Ended 
 September 30,

Nine Months Ended 
 September 30,
 
2014
 
2013
 
2014
 
2013
Segment EBITDA
$
194


$
198


$
562


$
574

Corporate expense and other items, net
4





6


(3
)
Depreciation
(41
)

(41
)

(122
)

(123
)
Amortization of intangibles
(11
)

(22
)

(38
)

(65
)
Restructuring
(2
)

(8
)

(14
)

(14
)
Strategic transaction expenses and other items
4





4


(6
)
Write-off of deferred financing costs


 


 


 
(2
)
Recognition of unrealized gain on payment-in-kind note receivable


 


 
2

 
5

Stock compensation expense
(2
)

(5
)

(11
)

(14
)
Interest expense
(30
)

(27
)

(89
)

(69
)
Interest income
5


8


11


20

Income from continuing operations before income taxes
121


103


311


303

Income tax expense
29


34


96


96

Equity in earnings of affiliates
2


3


9


10

Income from continuing operations
94


72


224


217

Loss from discontinued operations
(1
)

(1
)

(4
)


Net income
$
93


$
71


$
220


$
217