XML 90 R46.htm IDEA: XBRL DOCUMENT v3.19.3
Segments (Tables)
 9 Months Ended
Sep. 30, 2019
Segment Reporting [Abstract]  
Segment Information [Table Text Block]
Segment information —
 
 
2019
 
2018
Three Months Ended September 30,
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
 
External Sales
 
Inter-Segment Sales
 
Segment EBITDA
Light Vehicle
 
$
930

 
$
30

 
$
113

 
$
879

 
$
34

 
$
102

Commercial Vehicle
 
398

 
27

 
33

 
406

 
29

 
39

Off-Highway
 
582

 
3

 
79

 
425

 
3

 
69

Power Technologies
 
254

 
7

 
28

 
268

 
5

 
33

Eliminations and other
 


 
(67
)
 


 


 
(71
)
 


Total
 
$
2,164

 
$
—

 
$
253

 
$
1,978

 
$
—

 
$
243

 
 
 

 
 

 
 

 
 

 
 

 
 

Nine Months Ended September 30,
 
 

 
 

 
 

 
 

 
 

 
 

Light Vehicle
 
$
2,763

 
$
99

 
$
333

 
$
2,702

 
$
103

 
$
297

Commercial Vehicle
 
1,266

 
80

 
115

 
1,217

 
83

 
114

Off-Highway
 
1,808

 
13

 
264

 
1,402

 
8

 
220

Power Technologies
 
796

 
17

 
90

 
849

 
16

 
117

Eliminations and other
 


 
(209
)
 


 


 
(210
)
 


Total
 
$
6,633

 
$
—

 
$
802

 
$
6,170

 
$
—

 
$
748
Reconciliation of Segment EBITDA to Consolidated Net Income [Table Text Block]
Reconciliation of segment EBITDA to consolidated net income —

Three Months Ended
September 30,

Nine Months Ended
September 30,
 
2019
 
2018
 
2019
 
2018
Segment EBITDA
$
253


$
243


$
802


$
748

Corporate expense and other items, net
(3
)

(3
)

(9
)

(14
)
Depreciation
(82
)

(63
)

(235
)

(187
)
Amortization
(4
)
 
(3
)
 
(12
)
 
(8
)
Non-service cost components of pension and OPEB costs
(4
)
 
(3
)
 
(19
)
 
(10
)
Pension settlement charge
(2
)
 
 
 
(260
)
 
 
Restructuring charges, net
(5
)

(9
)

(23
)

(17
)
Stock compensation expense
(5
)
 
(4
)
 
(15
)
 
(13
)
Strategic transaction expenses, net of transaction breakup
  fee income
(8
)

(6
)

(32
)

(13
)
Acquisition related inventory adjustments
(3
)
 


 
(12
)
 


Non-income tax legal judgment
 
 
 
 
6

 
 
Other items
 
 
(5
)
 
(9
)
 
(10
)
Impairment of indefinite-lived intangible asset


 


 


 
(20
)
Adjustment in fair value of disposal group held for sale


 


 


 
3

Earnings before interest and income taxes
137

 
147

 
182

 
459

Interest expense
31


24


92


71

Interest income
3


3


8


8

Earnings before income taxes
109


126


98


396

Income tax expense (benefit)
5


31


(27
)

75

Equity in earnings of affiliates
8


1


22


13

Net income
$
112


$
96


$
147


$
334