Segments

3 Months Ended

Mar. 31, 2016

Segment Reporting [Abstract]

Segments [Text Block]

Segments

We are a global provider of high technology driveline, sealing and thermal-management products for virtually every major vehicle manufacturer in the on-highway and off-highway markets. Our driveline products – axles, driveshafts and transmissions – are delivered through our Light Vehicle, Commercial Vehicle and Off-Highway operating segments. Our fourth global operating segment – Power Technologies – is the center of excellence for the sealing and thermal technologies that span all customers in our on-highway and off-highway markets. These operating segments have global responsibility and accountability for business commercial activities and financial performance.

Dana evaluates the performance of its operating segments based on external sales and segment EBITDA. Segment EBITDA is a primary driver of cash flows from operations and a measure of our ability to maintain and continue to invest in our operations and provide shareholder returns. Our segments are charged for corporate and other shared administrative costs.  Segment EBITDA may not be comparable to similarly titled measures reported by other companies.

Segment information —

	2016							2015
Three Months Ended March 31,	External Sales		Inter-Segment Sales			Segment EBITDA		External Sales		Inter-Segment Sales			Segment EBITDA
Light Vehicle	$	613	$	32		$	58	$	637	$	37		$	64
Commercial Vehicle	333		22			26		433		25			35
Off-Highway	241		9			32		284		11			39
Power Technologies	262		3			35		254		4			38
Eliminations and other			(66		)					(77		)
Total	$	1,449	$	—		$	151	$	1,608	$	—		$	176

Reconciliation of segment EBITDA to consolidated net income —

	Three Months Ended   March 31,
	2016			2015
Segment EBITDA	$	151		$	176
Corporate expense and other items, net	(3		)
Depreciation	(41		)	(39		)
Amortization of intangibles	(2		)	(6		)
Restructuring	(1		)	(1		)
Stock compensation expense	(2		)	(3		)
Strategic transaction expenses	(2		)	(1		)
Other items	(4		)
Distressed supplier costs	(1		)
Amounts attributable to previously divested/closed operations	1
Gain on derecognition of noncontrolling interest				5
Loss on extinguishment of debt				(2		)
Interest expense	(27		)	(28		)
Interest income	3			3
Income before income taxes	72			104
Income tax expense	24			31
Equity in earnings of affiliates				1
Net income	$	48		$	74