Redeemable Noncontrolling Interest

3 Months Ended

Mar. 31, 2017

Temporary Equity Disclosure [Abstract]

Noncontrolling Interest Disclosure [Text Block]

Redeemable Noncontrolling Interest

In connection with the acquisition of a controlling interest in Brevini Fluid Power S.p.A. (BFP) and Brevini Power Transmission S.p.A. (BPT) from Brevini Group S.p.A. (Brevini) on February 1, 2017, we recognized $45 for Brevini's 20% redeemable noncontrolling interest. The terms of the agreement provide Dana the right to call Brevini's noncontrolling

interests in BFP and BPT, and Brevini the right to put its noncontrolling interests in BFP and BPT to Dana, assuming Dana

does not exercise its call rights, at dates and prices defined in the agreement. The call and put prices are based on the amount Dana paid to acquire its initial ownership interest in BFP and BPT subject to adjustment based on the actual EBITDA and free cash flows, as defined in the agreement, of BFP and BPT. See Note 2 for additional information.

Redeemable noncontrolling interests reflected as of the balance sheet date are the greater of the redeemable noncontrolling interest balances adjusted for comprehensive income items and distributions or the redemption values (i.e., the "floor"). Redeemable noncontrolling interest adjustments of redemption value to the floor are reflected in retained earnings and are included as an adjustment to net income available to parent company stockholders in the calculation of earnings per share. There were no current period adjustments to reflect a redemption value in excess of carrying value. See Note 8.

Reconciliation of changes in redeemable noncontrolling interest —

Three months ended March 31,	2017
Balance, December 31	$	—
Initial fair value of redeemable noncontrolling interest of acquired business	45
Comprehensive income (loss) adjustments:
Other comprehensive income (loss) attributable to redeemable noncontrolling interest	(1		)
Retained earnings adjustments:
Adjustments to redemption value	—
Balance, March 31	$	44