XML 34 R24.htm IDEA: XBRL DOCUMENT v3.5.0.2
Equity Affiliates
 6 Months Ended
Jun. 30, 2016
Equity Method Investments and Joint Ventures [Abstract]  
Equity Affiliates [Text Block]
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, 2016 — 

 
Ownership
Percentage
 
Investment
Dongfeng Dana Axle Co., Ltd. (DDAC)
50%
 
$
81

Bendix Spicer Foundation Brake, LLC
20%
 
48

Axles India Limited
48%
 
8

All others as a group
 
 
8

Investments in equity affiliates
 
 
145

Investments in affiliates carried at cost
 
 
2

Investments in affiliates
 
 
$
147


 
Summarized financial information for DDAC — 
 
Three Months Ended 
 June 30,
 
Six Months Ended 
 June 30,
 
2016
 
2015
 
2016
 
2015
Sales
$
160

 
$
134

 
$
280

 
$
288

Gross profit
$
22

 
$
12

 
$
32

 
$
23

Income (loss) before income taxes
$
6

 
$
(2
)
 
$
3

 
$
(4
)
Net income (loss)
$
4

 
$
(1
)
 
$
2

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

 
$
(2
)
 
$
—

 
$
(4
)