XML 66 R23.htm IDEA: XBRL DOCUMENT v3.2.0.727
Equity Affiliates
6 Months Ended
Jun. 30, 2015
Equity Method Investments and Joint Ventures [Abstract]  
Equity Affiliates
Equity Affiliates

We have a number of investments in entities that engage in the manufacture of vehicular parts – primarily axles, driveshafts and wheel-end braking systems – supplied to OEMs.

Equity method investments exceeding $5 at June 30, 2015 — 

 
Ownership
Percentage
 
Investment
Dongfeng Dana Axle Co., Ltd. (DDAC)
50%
 
$
132

Bendix Spicer Foundation Brake, LLC
20%
 
48

Axles India Limited
48%
 
6

All others as a group
 
 
7

Investments in equity affiliates
 
 
193

Investments in affiliates carried at cost
 
 
2

Investments in affiliates
 
 
$
195


 
Summarized financial information for DDAC — 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
Sales
$
134

 
$
219

 
$
288

 
$
423

Gross profit
$
12

 
$
24

 
$
23

 
$
44

Pre-tax income (loss)
$
(2
)
 
$
10

 
$
(4
)
 
$
14

Net income (loss)
$
(1
)
 
$
8

 
$
(3
)
 
$
11

Dana's equity earnings in affiliate
$
(2
)
 
$
3

 
$
(4
)
 
$
2