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Equity Affiliates
3 Months Ended
Mar. 31, 2018
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 March 31, 2018 — 

 
Ownership
Percentage
 
Investment
Dongfeng Dana Axle Co., Ltd. (DDAC)
50%
 
$
104

Bendix Spicer Foundation Brake, LLC
20%
 
45

Axles India Limited
48%
 
9

Taiway Ltd.
14%
 
6

All others as a group
 
 
5

Investments in equity affiliates
 
 
169

Investments in affiliates carried at cost
 
 
2

Investments in affiliates
 
 
$
171


 
Summarized financial information for DDAC — 
 
 
Three Months Ended 
 March 31,
 
 
2018
 
2017
Sales
 
$
247

 
$
190

Gross profit
 
$
26

 
$
24

Earnings before income taxes
 
$
6

 
$
8

Net income
 
$
5

 
$
7

Dana's equity in earnings of affiliate
 
$
2

 
$
3