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Stockholders' Equity
 9 Months Ended
Sep. 30, 2019
Equity [Abstract]  
Stockholders' Equity [Text Block] Stockholders’ Equity

Common stock — Our Board of Directors declared a cash dividend of ten cents per share of common stock in each of the first three quarters of 2019. Dividends accrue on restricted stock units (RSUs) granted under our stock compensation program and will be paid in cash or additional units when the underlying units vest.

Share repurchase program — On March 24, 2018 our Board of Directors approved an expansion of our existing common stock share repurchase program to $200. The program expires on December 31, 2019. Under the program, we spent $25 to repurchase 1,432,275 shares of our common stock during the first quarter of 2019 through open market transactions. Approximately $150 remained available for future share repurchases as of September 30, 2019.

Changes in equity —
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Three Months Ended September 30,
2019
 
Common Stock
 
Additional Paid-In Capital
 
Retained Earnings
 
Treasury Stock
 
Accumulated Other Compre-hensive Loss
 
Non-controlling Interests
 
Total Equity
Balance, June 30, 2019
 
$
2

 
$
2,376

 
$
456

 
$
(150
)
 
$
(968
)
 
$
98

 
$
1,814

Net income
 
 
 
 
 
111

 
 
 
 
 
3

 
114

Other comprehensive loss
 
 
 
 
 
 
 
 
 
(26
)
 
(12
)
 
(38
)
Common stock dividends
 
 
 


 
(15
)
 
 
 
 
 
 
 
(15
)
Distributions to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
(2
)
 
(2
)
Stock compensation
 
 
 
5

 
 
 
 
 
 
 
 
 
5

Balance, September 30, 2019
 
$
2

 
$
2,381

 
$
552

 
$
(150
)
 
$
(994
)
 
$
87

 
$
1,878

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, June 30, 2018
 
$
2

 
$
2,356

 
$
290

 
$
(118
)
 
$
(1,385
)
 
$
106

 
$
1,251

Net income
 
 
 
 
 
95

 
 
 
 
 
1

 
96

Other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
6

 
(1
)
 
5

Common stock dividends
 
 
 


 
(14
)
 
 
 
 
 
 
 
(14
)
Distributions to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
(3
)
 
(3
)
Purchase of redeemable noncontrolling interests
 
 
 
2

 
 
 
 
 
 
 
 
 
2

Contribution from noncontrolling interest
 
 
 
 
 
 
 
 
 
 
 
22

 
22

Stock compensation
 
 
 
6

 
 
 
 
 
 
 
 
 
6

Stock withheld for employee taxes
 
 
 


 
 
 
(1
)
 
 
 
 
 
(1
)
Balance, September 30, 2018
 
$
2

 
$
2,364

 
$
371

 
$
(119
)
 
$
(1,379
)
 
$
125

 
$
1,364



 
 
Nine Months Ended September 30,
2019
 
Common Stock
 
Additional Paid-In Capital
 
Retained Earnings
 
Treasury Stock
 
Accumulated Other Compre-hensive Loss
 
Non-controlling Interests
 
Total Equity
Balance, December 31, 2018
 
$
2

 
$
2,368

 
$
456

 
$
(119
)
 
$
(1,362
)
 
$
97

 
$
1,442

Adoption of ASU 2016-02 leases, January 1, 2019
 
 
 
 
 
(1
)
 
 
 

 
 
 
(1
)
Net income
 
 
 
 
 
141

 
 
 
 
 
9

 
150

Other comprehensive income (loss)
 
 
 
 
 
 
 
 
 
368

 
(13
)
 
355

Common stock dividends
 
 
 

 
(44
)
 
 
 
 
 
 
 
(44
)
Distributions to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
(14
)
 
(14
)
Increase from business combination
 
 
 
 
 
 
 
 
 
 
 
8

 
8

Common stock share repurchases
 
 
 
 
 
 
 
(25
)
 
 
 
 
 
(25
)
Stock compensation
 
 
 
13

 
 
 
 
 
 
 
 
 
13

Stock withheld for employee taxes
 
 
 

 
 
 
(6
)
 
 
 
 
 
(6
)
Balance, September 30, 2019
 
$
2

 
$
2,381

 
$
552

 
$
(150
)
 
$
(994
)
 
$
87

 
$
1,878

 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
2018
 
 
 
 
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
 
$
2

 
$
2,354

 
$
86

 
$
(87
)
 
$
(1,342
)
 
$
101

 
$
1,114

Adoption of ASU 2016-01 financial instruments adjustment,
January 1, 2018
 
 
 
 
 
2

 
 
 
(2
)
 
 
 
—

Net income
 
 
 
 
 
327

 
 
 
 
 
6

 
333

Other comprehensive loss
 
 
 
 
 
 
 
 
 
(35
)
 
(6
)
 
(41
)
Common stock dividends
 
 
 

 
(44
)
 
 
 
 
 
 
 
(44
)
Distributions to noncontrolling interests
 
 
 
 
 
 
 
 
 
 
 
(7
)
 
(7
)
Purchase of noncontrolling interests
 
 
 
(9
)
 
 
 
 
 
 
 
9

 
—

Purchase of redeemable noncontrolling interests
 
 
 
2

 
 
 
 
 
 
 
 
 
2

Contribution from noncontrolling interest
 
 
 
 
 
 
 
 
 
 
 
22

 
22

Common stock share repurchases
 
 
 
 
 
 
 
(25
)
 
 
 
 
 
(25
)
Stock compensation
 
 
 
17

 
 
 
 
 
 
 
 
 
17

Stock withheld for employee taxes
 
 
 

 
 
 
(7
)
 
 
 
 
 
(7
)
Balance, September 30, 2018
 
$
2

 
$
2,364

 
$
371

 
$
(119
)
 
$
(1,379
)
 
$
125

 
$
1,364



During the first quarter of 2018, a wholly-owned subsidiary of Dana purchased the ownership interest in Dana Spicer (Thailand) Limited (a non wholly-owned consolidated subsidiary of Dana) held by ROC Spicer, Ltd. (a non wholly-owned consolidated subsidiary of Dana). Dana maintained its controlling financial interest in Dana Spicer (Thailand) Limited and accordingly accounted for the purchase as an equity transaction. The excess of the fair value of the consideration paid over the carrying value of the investment attributable to the noncontrolling interest in ROC Spicer, Ltd. was recognized as additional noncontrolling interest with a corresponding reduction of the additional paid-in capital of Dana. During the third quarter of 2018, Yulon Motor Co., Ltd. (Yulon) purchased a direct ownership in two of our consolidated operating subsidiaries. Yulon's ownership interest in the two operating subsidiaries did not change as a result of the transactions, as it previously owned the same percentages indirectly through a series of consolidated holding companies. The cash received from Yulon was recognized as additional noncontrolling interest.

Changes in each component of accumulated other comprehensive income (AOCI) of the parent —
 
 
 
 
 
 
 
 
 
 
 
Parent Company Stockholders
 
Foreign Currency Translation
 
Hedging
 
Investments
 
Defined Benefit Plans
 
Total
Balance, June 30, 2019
$
(694
)
 
$
(47
)
 
$
—

 
$
(227
)
 
$
(968
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
(39
)
 
 
 
 
 
 
 
(39
)
Holding gains and losses
 
 
57

 

 
 
 
57

Reclassification of amount to net income (a)
 
 
(49
)
 

 
 
 
(49
)
Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
6

 
6

Tax expense

 

 

 
(1
)
 
(1
)
Other comprehensive income (loss)
(39
)
 
8

 
—

 
5

 
(26
)
Balance, September 30, 2019
$
(733
)
 
$
(39
)
 
$
—

 
$
(222
)
 
$
(994
)
 
 
 
 
 
 
 
 
 
 
Balance, June 30, 2018
$
(710
)
 
$
(78
)
 
$
—

 
$
(597
)
 
$
(1,385
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
(15
)
 
 
 
 
 
 
 
(15
)
Holding loss on net investment hedge
(3
)
 
 
 
 
 
 
 
(3
)
Holding gains and losses
 
 
9

 

 
 
 
9

Reclassification of amount to net income (a)
 
 
(7
)
 

 
 
 
(7
)
Actuarial gain on census update
 
 
 
 
 
 
18

 
18

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
9

 
9

Tax (expense) benefit

 
1

 

 
(6
)
 
(5
)
Other comprehensive income (loss)
(18
)
 
3

 
—

 
21

 
6

Balance, September 30, 2018
$
(728
)
 
$
(75
)
 
$
—

 
$
(576
)
 
$
(1,379
)
 
Parent Company Stockholders
 
Foreign Currency Translation
 
Hedging
 
Investments
 
Defined Benefit Plans
 
Total
Balance, December 31, 2018
$
(721
)
 
$
(54
)
 
$
—

 
$
(587
)
 
$
(1,362
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
(12
)
 
 
 
 
 
 
 
(12
)
Holding gains and losses
 
 
77

 

 
 
 
77

Reclassification of amount to net income (a)
 
 
(62
)
 

 
 
 
(62
)
Net actuarial gain
 
 
 
 
 
 
104

 
104

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
282

 
282

Tax expense

 

 

 
(21
)
 
(21
)
Other comprehensive income
(12
)
 
15

 
—

 
365

 
368

Balance, September 30, 2019
$
(733
)
 
$
(39
)
 
$
—

 
$
(222
)
 
$
(994
)
 
 
 
 
 
 
 
 
 
 
Balance, December 31, 2017
$
(670
)
 
$
(64
)
 
$
2

 
$
(610
)
 
$
(1,342
)
Other comprehensive income (loss):
 
 
 
 
 
 
 
 
 
Currency translation adjustments
(55
)
 
 
 
 
 
 
 
(55
)
Holding loss on net investment hedge
(3
)
 
 
 
 
 
 
 
(3
)
Holding gains and losses
 
 
29

 

 
 
 
29

Reclassification of amount to net income (a)
 
 
(42
)
 

 
 
 
(42
)
Actuarial gain on census update
 
 
 
 
 
 
18

 
18

Reclassification adjustment for net actuarial losses included in net periodic benefit cost (b)
 
 
 
 
 
 
26

 
26

Tax (expense) benefit

 
2

 

 
(10
)
 
(8
)
Other comprehensive income (loss)
(58
)
 
(11
)
 
—

 
34

 
(35
)
Adoption of ASU 2016-01 financial instruments adjustment, January 1, 2018
 
 
 
 
(2
)
 
 
 
(2
)
Balance, September 30, 2018
$
(728
)
 
$
(75
)
 
$
—

 
$
(576
)
 
$
(1,379
)
(a) Realized gains and losses from currency-related forward contracts associated with forecasted transactions or from other derivative instruments treated as cash flow hedges are reclassified from AOCI into the same line item in the consolidated statement of operations in which the underlying forecasted transaction or other hedged item is recorded. See Note 15 for additional details.
(b) See Note 12 for additional details.