XML 27 R37.htm IDEA: XBRL DOCUMENT v3.2.0.727
Segments (Tables)
6 Months Ended
Jun. 30, 2015
Segment Reporting [Abstract]  
Segment Information
Segment information
 
 
2015
 
2014
Three Months Ended June 30,
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
Light Vehicle
 
$
641

 
$
35

 
$
66

 
$
636

 
$
43

 
$
76

Commercial Vehicle
 
431

 
26

 
36

 
463

 
20

 
47

Off-Highway
 
279

 
10

 
41

 
335

 
10

 
46

Power Technologies
 
258

 
4

 
39

 
276

 
4

 
39

Eliminations and other
 


 
(75
)
 


 


 
(77
)
 


Total
 
$
1,609

 
$

 
$
182

 
$
1,710

 
$

 
$
208

 
 
 

 
 

 
 

 
 

 
 

 
 

Six Months Ended June 30,
 
 

 
 

 
 

 
 

 
 

 
 

Light Vehicle
 
$
1,278

 
$
72

 
$
130

 
$
1,254

 
$
71

 
$
106

Commercial Vehicle
 
864

 
51

 
71

 
920

 
46

 
91

Off-Highway
 
563

 
21

 
80

 
676

 
20

 
88

Power Technologies
 
512

 
8

 
77

 
548

 
10

 
83

Eliminations and other
 


 
(152
)
 


 


 
(147
)
 


Total
 
$
3,217

 
$

 
$
358

 
$
3,398

 
$

 
$
368

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

Three Months Ended 
 June 30,

Six Months Ended 
 June 30,
 
2015
 
2014
 
2015
 
2014
Segment EBITDA
$
182


$
208


$
358


$
368

Corporate expense and other items, net
(2
)

(3
)

(2
)

2

Depreciation
(39
)

(41
)

(78
)

(81
)
Amortization of intangibles
(4
)

(12
)

(10
)

(27
)
Restructuring
(11
)

(3
)

(12
)

(12
)
Stock compensation expense
(5
)
 
(5
)
 
(8
)
 
(9
)
Strategic transaction expenses and other items
(1
)

1


(2
)



Gain on derecognition of noncontrolling interest
 
 
 
 
5

 
 
Loss on extinguishment of debt


 


 
(2
)
 


Recognition of unrealized gain on payment-in-kind note receivable


 


 


 
2

Interest expense
(27
)

(29
)

(55
)

(59
)
Interest income
4


3


7


6

Income from continuing operations before income taxes
97


119


201


190

Income tax expense
36


33


67


67

Equity in earnings of affiliates
2


6


3


7

Income from continuing operations
63


92


137


130

Loss from discontinued operations


(2
)



(3
)
Net income
$
63


$
90


$
137


$
127