Quarterly Results

12 Months Ended

Dec. 31, 2011

Quarterly Results

Dana Holding Corporation

Quarterly Results (Unaudited)

(In millions, except per share amounts)

	For the 2011 Quarter Ended
	March 31			June 30		September 30		December 31
Net sales	$	1,800		$	1,933	$	1,952	$	1,907
Gross margin	$	215		$	233	$	233	$	214
Net income (loss)	$	(25	)	$	70	$	112	$	75
Net income (loss) attributable to the parent company	$	(30	)	$	68	$	110	$	71
Net income (loss) per share available to parent
company stockholders
Basic	$	(0.26	)	$	0.41	$	0.69	$	0.43
Diluted	$	(0.26	)	$	0.32	$	0.51	$	0.33

	For the 2010 Quarter Ended
	March 31			June 30		September 30		December 31
Net sales	$	1,508		$	1,526	$	1,516	$	1,559
Gross margin	$	140		$	169	$	178	$	172
Net income (loss)	$	(30	)	$	10	$	47	$	(12	)
Net income (loss) attributable to the parent company	$	(31	)	$	9	$	46	$	(13	)
Net income (loss) per share available to parent
company stockholders
Basic	$	(0.28	)	$	—	$	0.27	$	(0.14	)
Diluted	$	(0.28	)	$	—	$	0.22	$	(0.14	)

Note: Gross margin is net sales less cost of sales.

Net income for the first quarter of 2011 includes $53 in losses on extinguishment of debt primarily from repayment of our Term Facility. Net income for the third quarter of 2011 includes a $60 gain on sale of equity investments resulting from the divestiture of our interests in the GETRAG Entities. Net income for the fourth quarter of 2010 includes a $25 charge for the settlement of warranty claims with Toyota related to frames produced by the divested operations of our Structural Products business. Also included is the retroactive adjustment of $1 recognized in the fourth quarter as a result of changing the accounting for our investment in DDAC from the cost to the equity method.