|
Document and Entity Information
|
9 Months Ended | |
|---|---|---|
|
Sep. 30, 2011
|
Oct. 14, 2011
|
|
| Document Type | 10-Q | |
| Amendment Flag | false | |
| Document Period End Date | Sep. 30, 2011 | |
| Document Fiscal Year Focus | 2011 | |
| Document Fiscal Period Focus | Q3 | |
| Trading Symbol | DAN | |
| Entity Registrant Name | DANA HOLDING CORP | |
| Entity Central Index Key | 0000026780 | |
| Current Fiscal Year End Date | --12-31 | |
| Entity Filer Category | Large Accelerated Filer | |
| Entity Common Stock, Shares Outstanding | 147,150,457 |
| X | ||||||||||
|
- Definition
If the value is true, then the document as an amendment to previously-filed/accepted document. No definition available.
|
| X | ||||||||||
|
- Definition
End date of current fiscal year in the format --MM-DD. No definition available.
|
| X | ||||||||||
|
- Definition
This is focus fiscal period of the document report. For a first quarter 2006 quarterly report, which may also provide financial information from prior periods, the first fiscal quarter should be given as the fiscal period focus. Values: FY, Q1, Q2, Q3, Q4, H1, H2, M9, T1, T2, T3, M8, CY. No definition available.
|
| X | ||||||||||
|
- Definition
This is focus fiscal year of the document report in CCYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006. No definition available.
|
| X | ||||||||||
|
- Definition
The end date of the period reflected on the cover page if a periodic report. For all other reports and registration statements containing historical data, it is the date up through which that historical data is presented. If there is no historical data in the report, use the filing date. The format of the date is CCYY-MM-DD. No definition available.
|
| X | ||||||||||
|
- Definition
The type of document being provided (such as 10-K, 10-Q, N-1A, etc). The document type is limited to the same value as the supporting SEC submission type, minus any "/A" suffix. The acceptable values are as follows: S-1, S-3, S-4, S-11, F-1, F-3, F-4, F-9, F-10, 6-K, 8-K, 10, 10-K, 10-Q, 20-F, 40-F, N-1A, 485BPOS, 497, NCSR, N-CSR, N-CSRS, N-Q, 10-KT, 10-QT, 20-FT, POS AM and Other. No definition available.
|
| X | ||||||||||
|
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Indicate number of shares outstanding of each of registrant's classes of common stock, as of latest practicable date. Where multiple classes exist define each class by adding class of stock items such as Common Class A [Member], Common Class B [Member] onto the Instrument [Domain] of the Entity Listings, Instrument No definition available.
|
| X | ||||||||||
|
- Definition
Indicate whether the registrant is one of the following: (1) Large Accelerated Filer, (2) Accelerated Filer, (3) Non-accelerated Filer, or (4) Smaller Reporting Company. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure. No definition available.
|
| X | ||||||||||
|
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Trading symbol of an instrument as listed on an exchange. No definition available.
|
| X | ||||||||||
|
- Definition
Income or loss before interest expense and income taxes. No definition available.
|
| X | ||||||||||
|
- Definition
The net amount of all other income and expense during the accounting period not otherwise specified in the income statement. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate costs related to goods produced and sold and services rendered by an entity during the reporting period. This excludes costs incurred during the reporting period related to financial services rendered and other revenue generating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Equity impact of aggregate cash, stock, and paid-in-kind dividends declared for preferred shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. This item includes income or expense related to stock-based compensation based on the investor's grant of stock to employees of an equity method investee. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate total costs related to selling a firm's product and services, as well as all other general and administrative expenses. Direct selling expenses (for example, credit, warranty, and advertising) are expenses that can be directly linked to the sale of specific products. Indirect selling expenses are expenses that cannot be directly linked to the sale of specific products, for example telephone expenses, Internet, and postal charges. General and administrative expenses include salaries of non-sales personnel, rent, utilities, communication, etc. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount due from customers or clients, within one year of the balance sheet date (or the normal operating cycle, whichever is longer), for goods or services (including trade receivables) that have been delivered or sold in the normal course of business, reduced to the estimated net realizable fair value by an allowance established by the entity of the amount it deems uncertain of collection. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date of the unpaid sum of the known and estimated amounts payable to satisfy all currently due domestic and foreign income tax obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Accumulated change in equity from transactions and other events and circumstances from non-owner sources, net of tax effect, at period end. Excludes Net Income (Loss), and accumulated changes in equity from transactions resulting from investments by owners and distributions to owners. Includes foreign currency translation items, certain pension adjustments, unrealized gains and losses on certain investments in debt and equity securities, other than temporary impairment (OTTI) losses related to factors other than credit losses on available-for-sale and held-to-maturity debt securities that an entity does not intend to sell and it is not more likely than not that the entity will be required to sell before recovery of the amortized cost basis, as well as changes in the fair value of derivatives related to the effective portion of a designated cash flow hedge. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Value received from shareholders in common stock-related transactions that are in excess of par value or stated value and amounts received from other stock-related transactions. Includes only common stock transactions (excludes preferred stock transactions). May be called contributed capital, capital in excess of par, capital surplus, or paid-in capital. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Investments in debt and equity securities which are categorized neither as trading securities nor held-to-maturity securities and which are intended be sold or mature within one year from the balance sheet date or the normal operating cycle, whichever is longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of the sum of short-term debt and current maturities of long-term debt and capital lease obligations, which are due within one year (or one business cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of the carrying values as of the balance sheet date of obligations incurred through that date and payable for obligations related to services received from employees, such as accrued salaries and bonuses, payroll taxes and fringe benefits. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregated amount of merchandise or goods held by the entity that are readily available for future sale and items held by the entity which are partially complete or in the process of being readied for future sale. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date of unprocessed items to be consumed in the manufacturing or production process. Also includes purchased parts that will be used as components of a finished product. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of investments and other noncurrent assets not separately disclosed in the balance sheet due to materiality considerations. Noncurrent assets are expected to be realized or consumed after one year (or the normal operating cycle, if longer). No definition available.
|
| X | ||||||||||
|
- Definition
Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all Liabilities and Stockholders' Equity items (or Partners' Capital, as applicable), including the portion of equity attributable to noncontrolling interests, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year from the balance sheet date or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year (current maturities) or the normal operating cycle, if longer, and after deducting unamortized discount or premiums, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which is directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of current assets not separately disclosed in the balance sheet. Current assets are expected to be realized or consumed within one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate carrying amount, as of the balance sheet date, of noncurrent obligations not separately disclosed in the balance sheet. Noncurrent liabilities are expected to be paid after one year (or the normal operating cycle, if longer). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amounts of other receivables due within one year of the balance sheet date (or one operating cycle, if longer) from third parties or arising from transactions not separately disclosed. No definition available.
|
| X | ||||||||||
|
- Definition
This represents the noncurrent liability for underfunded plans recognized in the balance sheet that is associated with the defined benefit pension plans and other postretirement defined benefit plans. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year; net of accumulated depreciation. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date of known and estimated obligations associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, which are expected to be paid in the next twelve months or in the normal operating cycle if longer. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cumulative amount of the reporting entity's undistributed earnings or deficit. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of all stockholders' equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity which are attributable to the parent. The amount of the economic entity's stockholders' equity attributable to the parent excludes the amount of stockholders' equity which is allocable to that ownership interest in subsidiary equity which is not attributable to the parent (noncontrolling interest, minority interest). This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount allocated to treasury stock. Treasury stock is common and preferred shares of an entity that were issued, repurchased by the entity, and are held in its treasury. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Consolidated Balance Sheet (Parenthetical) (USD $)
In Millions, except Share data, unless otherwise specified |
Sep. 30, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Trade, allowance for doubtful accounts | $ 10 | $ 11 |
| Preferred stock, shares authorized | 50,000,000 | 50,000,000 |
| Common stock, par value | $ 0.01 | $ 0.01 |
| Common stock, shares authorized | 450,000,000 | 450,000,000 |
| Common stock, outstanding | 147,149,436 | 144,126,032 |
| Treasury stock, shares | 544,274 | 379,631 |
|
Series A Preferred stock
|
||
| Preferred stock, par value | $ 0.01 | $ 0.01 |
| Preferred stock, shares outstanding | 2,500,000 | 2,500,000 |
|
Series B Preferred stock
|
||
| Preferred stock, par value | $ 0.01 | $ 0.01 |
| Preferred stock, shares outstanding | 5,221,199 | 5,311,298 |
| X | ||||||||||
|
- Definition
A valuation allowance for trade and other receivables due to an Entity within one year (or the normal operating cycle, whichever is longer) that are expected to be uncollectible. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value of common stock per share; generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The maximum number of common shares permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total number of shares of common stock held by shareholders. May be all or portion of the number of common shares authorized. These shares represent the ownership interest of the common shareholders. Shares outstanding equals shares issued minus shares held in treasury and other adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Face amount or stated value per share of nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer); generally not indicative of the fair market value per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of common and preferred shares that were previously issued and that were repurchased by the issuing entity and held in treasury on the financial statement date. This stock has no voting rights and receives no dividends. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The difference between pension benefit costs recognized during the period and amounts contributed to fund the plans. No definition available.
|
| X | ||||||||||
|
- Definition
Reorganization items related to income taxes included in operating activities, net. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of interest expense representing the noncash expenses charged against earnings in the period to allocate debt discount and premium, and the costs to issue debt and obtain financing over the related debt instruments. Alternate captions include Noncash Interest Expense. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period in cash and cash equivalents. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The component of income tax expense for the period representing the increase (decrease) in the entity's deferred tax assets and liabilities pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gain (loss) resulting from the sale of a disposal group that is not a discontinued operation. It is included in income from continuing operations before income taxes in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The effect of exchange rate changes on cash balances held in foreign currencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
|
| X | ||||||||||
|
- Definition
Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) during the reporting period of all assets and liabilities used in operating activities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from financing activity for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The net cash from (used in) all of the entity's operating activities, including those of discontinued operations, of the reporting entity. Operating activities generally involve producing and delivering goods and providing services. Operating activity cash flows include transactions, adjustments, and changes in value that are not defined as investing or financing activities. While for technical reasons this element has no balance attribute, the default assumption is a debit balance consistent with its label. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Other income (expense) included in net income that results in no cash inflows or outflows in the period. Includes noncash adjustments to reconcile net income (loss) to cash provided by (used in) operating activities that are not separately disclosed. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash outflow or inflow from other investing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for the return on capital for noncontrolled interest in the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for the return on capital for preferred shareholders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for loan and debt issuance costs. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of a business, net of the cash acquired from the purchase. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the acquisition of long-lived, physical assets that are used in the normal conduct of business to produce goods and services and not intended for resale; includes cash outflows to pay for construction of self-constructed assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from a debt initially having maturity due after one year or beyond the operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from other financing activities. This element is used when there is not a more specific and appropriate element in the taxonomy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow for borrowing having initial term of repayment within one year or the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow for debt initially having maturity due after one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Organization and Summary of Significant Accounting Policies
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Organization and Summary of Significant Accounting Policies |
Note
1. Organization and Summary of Significant Accounting
Policies
General
Dana Holding Corporation (Dana) is headquartered in Maumee, Ohio
and was incorporated in Delaware in 2007. As a leading
supplier of driveline products (axles, driveshafts and
transmissions), power technologies (sealing and thermal management
products) and genuine service parts for vehicle manufacturers, our
customer base includes virtually every major vehicle manufacturer
in the global light vehicle, medium/heavy vehicle and off-highway
markets.
The terms "Dana," "we," "our" and "us," when used in this report,
are references to Dana. These references include the
subsidiaries of Dana unless otherwise indicated or the context
requires otherwise.
Summary of
significant accounting policies
Basis of presentation — Our
consolidated financial statements have been prepared in accordance
with accounting principles generally accepted in the United States
of America (GAAP) for interim financial information. These
statements are unaudited, but in the opinion of management include
all adjustments (consisting only of normal recurring adjustments)
necessary for a fair presentation of the results for the interim
periods. The results reported in these consolidated financial
statements should not necessarily be taken as indicative of results
that may be expected for the entire year. The financial information
included herein should be read in conjunction with the consolidated
financial statements in Item 8 of our 2010 Form
10-K.
Segments — The
reporting of our operating segment results was reorganized in the
first quarter of 2011 in line with changes in our management
structure. Certain operations in South America were
moved from the Light Vehicle Driveline (LVD) segment to the
Commercial Vehicle segment as the activities of these operations
have become more closely aligned with the commercial vehicle
market. The results of these segments have been
retroactively adjusted to conform to the current reporting
structure. See Note 17 for segment
results.
Marketable securities — During the
second quarter of 2011, we determined that marketable securities
having original maturities greater than 90 days had been
incorrectly reported as cash and cash equivalents in prior
periods. As a result, there was an overstatement of cash
and cash equivalents and understatement of marketable securities of
$44 at December 31, 2010 and of $47 at March 31, 2011 and an
understatement of $3 in cash used in investing activities for the
three months ended March 31, 2011. With respect to
the amounts reported for the nine months ended September 30, 2010,
the $59 overstatement of December 31, 2009 cash and cash
equivalents decreased to $52 during the period, causing an $7
understatement of cash flows provided by investing
activities.
In our 2010 Form 10-K, the cash and cash equivalents reported as of
December 31, 2007 and 2008 and January 31, 2008 were overstated by
$46, $79 and $50 with corresponding understatements of marketable
securities. As a result, the reported cash provided by
(used in) investing activities for the one month ended January 31,
2008, the eleven months ended December 31, 2008 and the years ended
December 31, 2009 and 2010 of $77, $(221), $(98) and $2 should have
been $74, $(250), $(78) and $17. Amounts reported in
prior periods have been revised in the accompanying financial
statements and the related notes. These revisions were
not considered material to the current period or to the prior
periods to which they relate.
We classify our investments in marketable securities as available
for sale. Available-for-sale securities are recorded at fair
value with unrealized gains and losses recorded in accumulated
other comprehensive income (loss) (AOCI) until realized.
Realized gains and losses are recorded using the specific
identification method.
Marketable securities are classified in Level 1 if quoted prices
are available for those securities in active markets. If
quoted market prices are not available, we determine fair values
using prices from quoted prices of similar securities. Such
securities are generally classified in Level 2. Our fixed
income U.S. government agencies securities and certificates of
deposit are classified in Level 2.
Recently
issued accounting pronouncements
In September 2011, the Financial Accounting Standards Board (FASB)
issued guidance for employers that participate in multiemployer
pension and other postretirement benefit plans to provide
additional quantitative and qualitative disclosures. The
amendment does not change recognition and measurement
guidance. The guidance is effective for annual periods
for fiscal years ending after December 15, 2011, with early
adoption permitted. We do not expect adoption of this
guidance to impact our financial condition or results of
operations.
In September 2011, the FASB issued guidance to provide an option in
a company’s annual goodwill impairment test to first assess
qualitative factors to determine whether the existence of events or
circumstances leads to a determination that it is more likely than
not that the fair value of a reporting unit is less than its
carrying amount. If, after assessing all events and
circumstances, it is determined that it is not more likely than not
that the fair value of a reporting unit is less than its carrying
amount, then performing the two-step goodwill impairment test is
unnecessary. The guidance also expands the qualitative
factors that a company should consider between annual impairment
tests. The changes are effective for fiscal years
beginning after December 15, 2011. Early adoption is
permitted. We do not expect adoption of this guidance to
impact our financial condition or results of
operations.
In June 2011, the FASB issued guidance to improve the
comparability, consistency and transparency of financial reporting
and to increase the prominence of items reported in other
comprehensive income. The standard eliminates the
current option to present components of other comprehensive income
as part of the statement of changes in stockholders’
equity. The amendment requires that all nonowner changes
in stockholders’ equity be presented either in a single
continuous statement of comprehensive income or in two separate but
consecutive statements. The amendment does not affect
how earnings per share is calculated or presented. The
guidance is effective for interim and annual periods beginning
after December 15, 2011. Early adoption is
permitted. We do not expect adoption of this guidance to
impact our financial condition or results of
operations.
In May 2011, the FASB issued guidance to improve consistency in
application of existing fair value measurement and disclosure
requirements. The standard is intended to clarify the
application of the requirements, not to establish valuation
standards or affect valuation practices outside of financial
reporting. The guidance is effective for interim and
annual periods beginning on or after December 15, 2011, with early
adoption prohibited. We do not expect adoption of this
guidance to have a material impact on our financial condition or
results of operations.
|
| X | ||||||||||
|
- Definition
The entire disclosure for organization, consolidation and basis of presentation of financial statements disclosure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Acquisitions and Divestitures
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Acquisitions and Divestitures |
Note
2. Acquisitions and Divestitures
SIFCO — On
February 1, 2011, we entered into an agreement with SIFCO S.A.
(SIFCO), a leading producer of steer axles and forged components in
South America. In return for payment of $150 to SIFCO,
we acquired the distribution rights to SIFCO's commercial vehicle
steer axle systems as well as an exclusive long-term supply
agreement for key driveline components. Additionally,
SIFCO will provide selected assets and assistance to Dana to
establish assembly capabilities for these systems. We
are now responsible for all customer relationships, including
marketing, sales, engineering and assembly. The addition
of truck and bus steer axles to our product offering in South
America effectively positions us as South America’s leading
full-line supplier of commercial vehicle
drivelines — including front and rear axles,
driveshafts and suspension systems.
This agreement is being accounted for as a business
combination. The aggregate fair value of the net assets
acquired equals the $150 paid to SIFCO with $145 allocated to
customer relationships, $25 allocated to fixed assets and $20
allocated to embedded lease obligations. We used an
income approach to value customer relationships. Using this
approach we calculated the estimated fair value using expected
future cash flows from specific customers discounted to their net
present values at an appropriate risk-adjusted rate of return. We
used a replacement cost method to value fixed assets. The
replacement cost method used the current cost of producing or
constructing similar new items having the nearest equivalent
utility as the property being valued and adjusted that value for
physical depreciation and functional and economic obsolescence. We
used a blended (income, cost and market) method to value the
embedded lease obligation. The market method focuses on comparing
the subject company to reasonably similar publicly-traded companies
and considers prices paid in recent transactions that have occurred
in the subject company's industry. The customer relationships
intangible asset will be amortized and the fixed assets will be
depreciated on a straight-line basis over 10 years. The
embedded lease obligations are being amortized using the
effective-interest method over the 10 year useful lives of the
related fixed assets.
Operating results attributable to our agreement with SIFCO are
reported in our Commercial Vehicle segment. We have included
revenue of $291 and pre-tax income of $12 in our results of
operations since February 1, 2011. Supplemental pro forma
information for periods prior to the acquisition has not been
provided for the SIFCO agreement. Based on the nature, scope and
transitional provisions of the agreement with SIFCO, the
preparation of supplemental pro forma information is not
practicable.
Dongfeng Dana Axle — On
June 30, 2011, we purchased an additional 46% interest in Dongfeng
Dana Axle Co., Ltd. (DDAC), a commercial vehicle axle manufacturer
in China from Dongfeng Motor Co., Ltd. and certain of its
affiliates for $124 plus $3 of transaction
costs. Combined with the 4% interest purchased in June
2007, we now own 50% of the registered capital of
DDAC.
In connection with our increase in ownership, DDAC entered into an
agreement with a Dongfeng Motor affiliate that provides for
reductions in the selling price of goods sold by DDAC to such
affiliate for a period of up to four years if the earnings of DDAC
surpass specified targets. Dana's share of DDAC's
earnings could be reduced by an amount not to exceed
$20. We have concluded that the impact of this agreement
comprises contingent consideration and have preliminarily recorded
$5 as the fair value of the contingent
consideration.
Our additional investment in DDAC, inclusive of fees and contingent
consideration was recorded at its fair value of $132, an excess of
$67 over the corresponding DDAC book value. This fair
value increase has preliminarily been allocated as
follows: (1) amortizable intangible assets of $18; (2)
property, plant and equipment of $16; (3) inventories of $1; (4)
goodwill of $39; and (5) deferred tax liabilities of
$7. The increase in basis related to property, plant and
equipment will be depreciated on a straight-line basis over the
remaining useful lives of the assets ranging from 10 to 45
years. The amortizable intangible assets will be
amortized on a straight-line basis over the remaining useful lives
of the assets ranging from four to 15 years. The
purchase price allocation is based on preliminary valuation
estimates and subject to adjustment as the valuations are
finalized.
As a result of increasing our investment in DDAC from 4% to 50%,
the accounting for our historical investment in DDAC has been
retroactively adjusted from the cost to the equity
method. The retroactive adjustment increased
Dana’s equity in earnings of affiliates by $1 from amounts
previously reported for each of the years ended December 31, 2010
and 2009, and did not have a significant impact on the amount
previously reported for the year ended December 31,
2008. In addition, the retroactive adjustment increased
Dana’s equity in earnings of affiliates by $1 for the six
months ended June 30, 2011.
The following unaudited pro forma information presents the results
of operations of Dana as if the additional 46% investment in DDAC
had been acquired on January 1, 2010. The unaudited pro
forma financial information is not intended to represent or be
indicative of the results of operations of Dana that would have
been reported had the acquisition been completed as of the dates
presented and should not be taken as representative of the future
results of operations of Dana.
Axles India — On June 30,
2011, we acquired the axle drive head and final assembly business
of our Axles India Limited (AIL) equity affiliate for
$13. This business is reported in our Commercial Vehicle
segment and is expected to contribute approximately $50 to our
annual sales.
This transaction is being accounted for as a business
combination. The valuation of the specific assets
acquired and liabilities assumed has not been
completed. We expect the aggregate fair value of the net
assets acquired to approximate the $13 paid to AIL. The
estimated fair values of major assets acquired and liabilities
assumed are as follows: accounts receivable of $1;
inventories of $3; equipment of $4; intangible assets of $10; and
accounts payable and other accrued liabilities of
$5. The purchase price allocations are preliminary and
subject to adjustment as the valuations are
finalized.
Divestiture of GETRAG Entities — On
September 30, 2011, we completed the divestitures of our 49% equity
interest in GETRAG Corporation and our 42% equity interest in
GETRAG Dana Holding GmbH (together the GETRAG Entities) for
$136. The divestitures were effected pursuant to the
terms of purchase agreements dated July 21, 2011. A $60
gain was recorded in connection with the divestitures and included
in other income, net on Dana’s consolidated statement of
operations.
Divestiture of Structural Products business — We sold
substantially all of our Structural Products business in 2010.
Approximately $30 of the proceeds remained as a receivable at the
end of 2010 including $15 related to an earn-out provision, $8 held
in escrow and $5 of deferred proceeds. In the first quarter of
2011, we received the earn-out payment of $15 and the $5 of
deferred proceeds was paid into escrow. Approximately $11 of the
funds held in escrow was to be released to Dana in September;
however, the buyer presented claims to the escrow agent seeking
indemnification from Dana. The escrow agent is precluded from
releasing the funds held in escrow until Dana and the buyer resolve
the issues underlying the claims. We are currently evaluating the
claims and do not presently believe that any obligation to
indemnify the buyer will be material.
Other — We are
negotiating the divestiture of our axle, differential and brake
systems business serving the leisure, all-terrain-vehicle and
utility vehicle markets. Sales of the business
approximated $59 in 2010. Based on our current estimate
of an expected sales price, we recorded an asset impairment of $5
in the third quarter of 2011 in other income, net. The
assets of the business approximate $18, including $4 of property,
plant and equipment, and liabilities approximate
$7. These amounts are not material for reporting as
items held for sale separately on the face of the consolidated
balance sheet at September 30, 2011.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Description of acquisition and divestiture activities. This element may be used as a single block of text to encapsulate the entire disclosure including data and tables. No definition available.
|
|
Restructuring of Operations
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring of Operations |
Note
3. Restructuring of Operations
We continue to focus on rationalizing our operating
footprint — consolidating facilities, positioning
operations in lower cost locations and reducing overhead
costs. Restructuring expense includes costs associated
with current and previously announced actions. We
classify the incremental depreciation associated with a planned
closure as accelerated depreciation/impairment in restructuring
expense.
During 2010, we announced our plans to consolidate our Heavy
Vehicle operations and close the Kalamazoo, Michigan and
Statesville, North Carolina facilities. Certain costs
associated with this consolidation were accrued in
2009. We also announced the planned closure of the
Yennora, Australia facility in our LVD business and the associated
transfer of certain production activity to other global
operations. In addition, we approved certain business
realignment and headcount reduction initiatives, primarily in our
European and Venezuelan operations. Including costs
associated with previously announced initiatives, we expensed $60
for restructuring actions during the first nine months of 2010,
including $36 of severance and related benefit costs, $17 of exit
costs and $7 of accelerated depreciation/impairment
costs.
In the first quarter of 2011, we reached an agreement with the
lessor to settle our LVD facility lease in Yennora,
Australia. Under the terms of the agreement, we
recognized $20 of lease termination costs. Additionally,
during the first quarter of 2011, we announced the planned closure
of our LVD manufacturing facility in Marion, Indiana and the
consolidation of the associated manufacturing activity in other
North American facilities. We continued to incur costs
in the second quarter of 2011 associated with previously announced
initiatives, including pension settlement costs associated with the
previously announced closure of certain of our operations in Canada
(see Note 8).
During the third quarter of 2011, we approved plans to realign
certain operations in our LVD, Power Technology and Structural
Products businesses. These plans include work force
reductions of approximately 800 employees primarily in the U.S.,
including 200 employees at our Longview, Texas manufacturing
facility. Additionally, we implemented work force
reductions in certain corporate and functional areas in North
America to further streamline our business support
activities. In connection with our 2011 actions and
other previously announced initiatives, we expensed $65 during the
first nine months of 2011, including $23 of severance and related
benefit costs, $40 of exit costs and $2 of accelerated
depreciation/impairment cost.
Restructuring charges
and related payments and adjustments —
At September 30, 2011, the accrued employee termination benefits
relate to the reduction of approximately 1,200 employees to be
completed over the next two years. The exit costs relate
primarily to lease terminations. We estimate cash
expenditures to approximate $8 in 2011 and $21
thereafter.
Cost to complete — The
following table provides project-to-date and estimated future
expenses for completion of our pending restructuring initiatives
for our business segments.
The future cost to complete includes estimated contractual and
noncontractual separation payments, lease continuation costs,
equipment transfers and other costs which are required to be
recognized as closures are finalized or as incurred during the
closure.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for restructuring and related activities. Description of restructuring activities such as exit and disposal activities, include facts and circumstances leading to the plan, the expected plan completion date, the major types of costs associated with the plan activities, total expected costs, the accrual balance at the end of the period, and the periods over which the remaining accrual will be settled. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Goodwill and Other Intangible Assets
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Goodwill and Other Intangible Assets |
Note
4. Goodwill and Other Intangible
Assets
Changes in goodwill — Our goodwill
balance of $104 at September 30, 2011 and December 31, 2010 is
related to the Off-Highway
segment.
Components
of other intangible assets —
The net carrying amounts of intangible assets, other than goodwill,
attributable to each of our operating segments at September 30,
2011 were as follows: LVD — $16, Power
Technologies — $38, Commercial
Vehicle — $258 and
Off-Highway — $115.
Amortization expense
related to amortizable intangible assets
—
The following table provides the estimated aggregate pre-tax
amortization expense related to intangible assets for each of the
next five years based on September 30, 2011 exchange
rates. Actual amounts may differ from these estimates
due to such factors as currency translation, customer turnover,
impairments, additional intangible asset acquisitions and other
events.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Capital Stock
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Capital Stock |
Note
5. Capital Stock
Series A and Series B preferred stock — Dividends on
our 4.0% Series A Convertible Preferred Stock and 4.0% Series B
Convertible Preferred Stock (preferred stock) are accrued monthly
and are payable in cash as approved by the Board of
Directors. Preferred dividends of $8 were accrued at
September 30, 2011.
During the first nine months of 2011, holders of 90,099 shares of
Series B Preferred Stock elected to convert those preferred shares
into common stock and received 760,945 shares. The
common stock issued included shares to satisfy the accrued
dividends owed to the converting preferred
stockholders. Based on the market price of Dana common
stock on the date of conversion, the total fair value of the
conversions was $14.
|
| X | ||||||||||
|
- Definition
The entire disclosure for shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Earnings per Share
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Earnings per Share |
Note
6. Earnings per Share
The following table reconciles the weighted-average number of
shares used in the basic earnings per share calculations to the
weighted-average number of shares used to compute diluted earnings
per share.
Basic earnings per share is calculated by dividing the net income
available to parent company stockholders, less preferred stock
dividend requirements, by the weighted-average number of common
shares outstanding. The common shares outstanding
exclude any shares held in treasury.
The share count for diluted earnings per share is computed on the
basis of the weighted-average number of common shares outstanding
plus the effects of dilutive common stock equivalents (CSEs)
outstanding during the period. We excluded 0.5 million
and 2.2 million CSEs from the calculations of diluted earnings per
share for the quarters ended September 30, 2011 and 2010 and 0.5
million and 1.8 million CSEs from the calculations of diluted
earnings per share for the nine months ended September 30, 2011 and
2010 as the effect of including them would have been
anti-dilutive. In addition, we excluded CSEs that
satisfied the definition of potentially dilutive shares of 5.5
million for the nine-month period in 2010 since there was no net
income available to common stockholders for the
period.
We excluded 66.2 million CSEs related to the assumed conversion of
the preferred stock for the nine-month period in 2010 as the effect
of the conversion would have been anti-dilutive for the
period.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for earnings per share. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Stock Compensation
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Stock Compensation |
Note
7. Stock Compensation
Our Board of Directors approved the grant of stock options, stock
appreciation rights (SARs), restricted stock units (RSUs) and
performance share units (PSUs) shown in the table below during the
first nine months of 2011 under the 2008 Omnibus Incentive
Plan.
Stock options and SARs related to 2.0 million shares were
exercised and 0.4 million shares were forfeited in the first
nine months of 2011. We received $11 of cash from the
exercise of stock options and we paid $4 of cash to settle SARs,
RSUs and PSUs during the first nine months of 2011. We
also issued 0.2 million shares related to PSUs based on achievement
of our 2010 performance goals and 0.3 million in RSUs based on
vesting.
We estimated fair values for options and SARs granted during 2011
using the following key assumptions as part of the Black-Scholes
option pricing model. The expected term was estimated
using the simplified method because the limited period of time our
common stock has been publicly traded provides insufficient
historical exercise data. The expected volatility was
estimated using a combination of the historical volatility of
similar entities and the implied volatility of our exchange-traded
options. The dividend yield is assumed to be zero since
there are no current plans to pay common stock
dividends.
We recognized stock compensation expense of $1 and $5 during the
third quarters of 2011 and 2010 and $9 and $11 during the
respective nine-month periods. At September 30, 2011,
the total unrecognized compensation cost related to the non-vested
portions of all stock based awards granted and expected to vest
over the next one to 35 months was $20. This
cost is expected to be recognized over a weighted-average period of
23 months.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for compensation-related costs for equity-based compensation, which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details and employee stock purchase plan details. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Pension and Postretirement Benefit Plans
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pension and Postretirement Benefit Plans |
Note
8. Pension and Postretirement Benefit
Plans
We have a number of defined contribution and defined benefit,
qualified and nonqualified, pension plans for certain
employees. Other postretirement benefits (OPEB),
including medical and life insurance, are provided for certain
employees upon retirement.
Components
of net periodic benefit costs —
During the first half of 2011, we continued to settle portions of
our Canadian retiree pension benefit obligations by making lump-sum
payments and by purchasing non-participating annuity contracts to
cover vested benefits. As a result of these actions, we
reduced the benefit obligations by $75 and also reduced the fair
value of plan assets by $75. The related settlement loss
of $5 representing the recognition of a portion of the actuarial
loss deferred in AOCI was included in restructuring
charges.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for pension and other postretirement benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Equity
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Equity |
Note
9. Changes in Equity
The following table presents changes in consolidated equity
attributable to parent and noncontrolling
interests:
The net income attributable to noncontrolling interests reported
for the first three months of 2011 included a $3 charge to correct
the amounts reported in 2010. This amount is not
material to the current year-to-date period or to the prior periods
to which it relates.
The
U.S. income included in other comprehensive income (OCI) for the
nine months ended September 30, 2010 coincided with a pre-tax loss
for those operations. As a result, we charged tax
expense of $14 to OCI, currency translation adjustments, during the
third quarter and first nine months of 2010 to recognize the income
tax expense associated with the components of OCI. An
offsetting income tax benefit was attributed to operations even
though valuation allowances have been established against U.S.
deferred tax assets. The benefit recognized in the
statement of operations was limited to $7 due to interperiod tax
allocation rules and $7 was deferred in other current
liabilities. See Note 15 for additional information on
accounting for income taxes.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for accounts comprising shareholders' equity, comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Also includes disclosure of compensation-related costs for equity-based compensation which may include disclosure of policies, compensation plan details, allocation of equity compensation, incentive distributions, equity-based arrangements to obtain goods and services, deferred compensation arrangements, employee stock ownership plan details, and employee stock purchase plan details. No definition available.
|
|
Cash Deposits and Marketable Securities
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash Deposits and Marketable Securities |
Note
10. Cash Deposits and Marketable
Securities
Cash deposits are maintained to provide credit enhancement for
certain agreements and are reported as part of cash and cash
equivalents. For most of these deposits, the cash may be
withdrawn if comparable security is provided in the form of letters
of credit. Accordingly, these deposits are not
considered to be restricted.
A portion of the non-U.S. cash and
cash equivalents is utilized for working capital and other
operating purposes. Several countries have local
regulatory requirements that significantly restrict the ability of
our operations to repatriate this cash. Beyond these
restrictions, there are practical limitations on repatriation of
cash from certain countries because of the resulting tax
withholdings.
The following table summarizes
information regarding marketable securities:
U.S. government agencies securities and certificates of deposit
maturing in one year or less, after one year through five years and
after five years total $8, $11 and $7 at September 30,
2011.
Dana realized proceeds from liquidating available-for-sale
marketable securities prior to their scheduled maturities in the
three months and nine months ended September 30 of $19 and $26 in
2011 and $9 and $24 in 2010. The related gains and
losses realized on this activity were not
significant.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure of cash, cash equivalents, and debt and equity securities, including any unrealized or realized gain (loss). No definition available.
|
|
Financing Agreements
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Financing Agreements |
Note
11. Financing Agreements
Senior notes — In
January 2011, we completed the sale of $400 in senior unsecured
notes at 6.50%, due February 15, 2019 (the 2019 Notes) and $350 in
senior unsecured notes at 6.75%, due February 15, 2021 (the 2021
Notes) (collectively, the Senior Notes). Interest on the
notes is payable on February 15 and August 15 of each year
beginning on August 15, 2011. Net proceeds of the
offerings totaled approximately $733, net of the underwriting
commission of $15 and fees of $2. The underwriting
commission and debt issue costs were recorded as deferred costs and
will be amortized to interest expense over the life of the Senior
Notes. The net proceeds, plus cash and cash equivalents
on hand of $127 (net of amounts paid to a Dana subsidiary), were
used to repay all amounts outstanding under our existing Term
Facility. In connection with the sale of the Senior
Notes, we wrote off $51 of previously deferred financing costs and
original issue discount (OID) to other income,
net.
At any time on or after February 15, 2015, we may redeem some or
all of the Senior Notes at the following redemption prices
(expressed as percentages of principal amount), plus accrued and
unpaid interest to the redemption date, if redeemed during the
12-month period commencing on February 15 of the years set forth
below:
Prior to February 15, 2015 for the 2019 Notes and prior to February
15, 2016 for the 2021 Notes, during any 12-month period, we may at
our option redeem up to 10% of the aggregate principal amount of
the notes at a redemption price equal to 103% of the principal
amount, plus accrued and unpaid interest. Prior to these
dates, we may also redeem some or all of the notes at a redemption
price equal to the aggregate principal amount, plus accrued and
unpaid interest, plus a "make-whole" premium. At any
time prior to February 15, 2014 for the 2019 Notes and February 15,
2015 for the 2021 Notes, we may redeem up to 35% of the aggregate
principal amount of the notes in an amount not to exceed the amount
of proceeds of one or more equity offerings, at a price equal to
106.5% (2019 Notes) and 106.75% (2021 Notes) of the principal
amount, plus accrued and unpaid interest, provided that at least
65% of the original aggregate principal amount of the notes issued
remains outstanding after the redemption.
Revolving facility — In order to
complete the refinancing of our term debt in January 2011, we
entered into a second amendment (the Amendment) to our Revolving
Credit and Guaranty Agreement (the Revolving Facility). The
Amendment permitted, among other things, repayment in full of all
amounts outstanding under our then existing term debt using the net
proceeds from the issuance of the Senior Notes and our current cash
and cash equivalents. Following the issuance of the Senior Notes,
we received commitments from new and existing lenders for a $500
amended and extended revolving credit facility (the New Revolving
Facility). The New Revolving Facility extends the maturity of the
revolving facility to five years from the date of execution in
February 2011 and reduces the aggregate principal amount of the
facility from $650 to $500. In connection with amending the
revolving facility, we paid fees of $6 which were recorded in the
first quarter of 2011 as deferred costs and we wrote off $2 of
previously deferred financing costs to other income,
net.
The New Revolving Facility is guaranteed by all of our domestic
subsidiaries except for Dana Credit Corporation and Dana Companies,
LLC and their respective subsidiaries (the guarantors) and grants a
first priority lien on Dana's and the guarantors' accounts
receivable and inventory and a second priority lien on
substantially all of Dana's and the guarantors' remaining assets,
including a pledge of 65% of the stock of our material foreign
subsidiaries.
The New Revolving Facility bears interest at a floating rate based
on, at our option, the base rate or London Interbank Offered Rate
(LIBOR) (each as described in the New Revolving Facility) plus a
margin based on the undrawn amounts available under the New
Revolving Facility as set forth below:
Commitment fees are applied based on the average daily unused
portion of the available amounts under the New Revolving
Facility. If the average daily use is less than 50%, the
applicable fee will be 0.50% per annum. If the average
daily unused portion of the New Revolving Facility is equal to or
greater than 50%, the applicable fee will be 0.625% per
annum. Up to $300 of the New Revolving Facility may be
applied to letters of credit, which reduces
availability. We pay a fee for issued and undrawn
letters of credit in an amount per annum equal to the applicable
LIBOR margin based on a quarterly average availability under the
New Revolving Facility and a per annum fronting fee of 0.25%,
payable quarterly.
At September 30, 2011, we had $750 principal amount of Senior Notes
outstanding. The weighted-average interest rate on the
Senior Notes was 6.62% at September 30, 2011. There were
no borrowings under the New Revolving Facility but we had utilized
$85 for letters of credit. Based on our borrowing base
collateral of $443, we had potential availability at September 30,
2011 under the New Revolving Facility of $358 after deducting the
outstanding letters of credit.
European receivables loan facility — In March 2011, we
terminated our previous European receivables loan agreements and
established a new five-year €75 ($100 at the September 30,
2011 exchange rate) receivables securitization program.
Availability under the program is subject to the existence of
adequate levels of supporting accounts receivable. As of September
30, 2011, we had potential availability of $89 based on the
effective borrowing base. Deferred fees of less than $1 on the
former agreement were charged to loss on extinguishment of debt and
new fees of $2 were deferred and are being charged to interest
expense over the term of the program.
Advances under the program will bear interest based on the London
Interbank Offered Rate (LIBOR) applicable to the currency in which
each advance is denominated or an Alternate Base Rate (as
defined). All advances are to be repaid in full by March
2016. Dana pays a fee on any unused amount of the
program, in addition to other customary fees. The
program is subject to customary representations and warranties,
covenants and events of default. As of September 30,
2011, we had no borrowings under this program.
Debt covenants — At
September 30, 2011, we were in compliance with the covenants of our
debt agreements. Under the New Revolving Facility and
the Senior Notes, we are required to comply with certain
incurrence-based covenants customary for facilities of these
types.
The incurrence-based covenants in the
New Revolving Facility permit Dana to, among other things, (i)
issue foreign subsidiary indebtedness, (ii) incur general
indebtedness, which can be secured by the assets that previously
secured the Term Facility on a first priority basis and (iii) incur
additional unsecured debt so long as the pro forma minimum fixed
charge coverage ratio is at least 1.1:1.0. Dana may also
make dividend payments in respect of its common stock as well as
certain investments and acquisitions so long as there is (i) at
least $125 of pro forma excess borrowing availability or (ii) at
least $75 of pro forma excess borrowing availability and the pro
forma minimum fixed charge coverage ratio is at least
1.1:1.0. The indenture governing the Senior Notes
includes similar incurrence-based covenants that may subject Dana
to additional specified limitations.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for information about short-term and long-term debt arrangements, which includes amounts of borrowings under each line of credit, note payable, commercial paper issue, bonds indenture, debenture issue, own-share lending arrangements and any other contractual agreement to repay funds, and about the underlying arrangements, rationale for a classification as long-term, including repayment terms, interest rates, collateral provided, restrictions on use of assets and activities, whether or not in compliance with debt covenants, and other matters important to users of the financial statements, such as the effects of refinancing and noncompliance with debt covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Fair Value Measurements and Derivatives
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Fair Value Measurements and Derivatives |
Note
12. Fair Value Measurements and
Derivatives
In measuring the fair value of our assets and liabilities, we use
market data or assumptions that we believe market participants
would use in pricing an asset or liability including assumptions
about risk when appropriate. Our valuation techniques
include a combination of observable and unobservable
inputs.
Fair value measurements on a recurring basis — Assets
and liabilities that are carried in our balance sheet at fair value
are as follows:
Foreign currency derivatives — The
total notional amounts of outstanding foreign currency derivatives
as of September 30, 2011 and December 31, 2010 were $230 and $108
comprised of currency forward contracts involving the exchange of
various currencies, as shown in the table below, as well as a
cross-currency swap of $3 involving the exchange of Australian
dollars and South African rand.
At September 30, 2011, currency forward contracts with notional
amounts of $210 were designated as cash flow
hedges. These contracts are primarily associated with
forecasted transactions involving the purchases and sales of
inventory through the next twelve months.
Amounts to be reclassified to earnings — Deferred
losses of $14 at September 30, 2011, which are reported in AOCI are
expected to be reclassified to earnings during the next twelve
months. The deferred losses are primarily attributable
to the significant strengthening of the U.S. dollar against the
Mexican peso during the third quarter of 2011. Amounts
expected to be reclassified to earnings assume no change in the
current hedge relationships or to September 30, 2011 market
rates. Deferred losses at December 31, 2010 and the
amounts reclassified from AOCI to earnings in the first nine months
of 2011 were not significant.
Changes in Level 3 recurring fair value measurements
—
Substantially all of the notes
receivable balance consists of one note, due 2019, obtained in
connection with a divestiture in 2004. Its fair value is
adjusted each quarter to the lower of its callable value or its
market value, which is based on the publicly traded debt of the
operating subsidiary of the obligor. The fair value of
the note at September 30, 2011 was $2 lower than the callable
value. At December 31, 2010, the fair value of the note
approximated the callable value. We believe that the
note will be paid in full at the end of the term or
sooner.
Fair value measurements on a nonrecurring basis — In
addition to items that are measured at fair value on a recurring
basis, we also have long-lived assets that may be measured at fair
value on a nonrecurring basis. These assets include
intangible assets and property, plant and equipment which may be
written down to fair value as a result of
impairment.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for the fair value of financial instruments (as defined), including financial assets and financial liabilities (collectively, as defined), and the measurements of those instruments as well as disclosures related to the fair value of non-financial assets and liabilities. Such disclosures about the financial instruments, assets, and liabilities would include: (1) the fair value of the required items together with their carrying amounts (as appropriate); (2) for items for which it is not practicable to estimate fair value, disclosure would include: (a) information pertinent to estimating fair value (including, carrying amount, effective interest rate, and maturity, and (b) the reasons why it is not practicable to estimate fair value; (3) significant concentrations of credit risk including: (a) information about the activity, region, or economic characteristics identifying a concentration, (b) the maximum amount of loss the entity is exposed to based on the gross fair value of the related item, (c) policy for requiring collateral or other security and information as to accessing such collateral or security, and (d) the nature and brief description of such collateral or security; (4) quantitative information about market risks and how such risks are managed; (5) for items measured on both a recurring and nonrecurring basis information regarding the inputs used to develop the fair value measurement; and (6) for items presented in the financial statement for which fair value measurement is elected: (a) information necessary to understand the reasons for the election, (b) discussion of the effect of fair value changes on earnings, (c) a description of [similar groups] items for which the election is made and the relation thereof to the balance sheet, the aggregate carrying value of items included in the balance sheet that are not eligible for the election; (7) all other required (as defined) and desired information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Commitments and Contingencies
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Commitments and Contingencies |
Note
13. Commitments and Contingencies
Asbestos personal injury liabilities — We
had approximately 26,000 active pending asbestos personal injury
liability claims at September 30, 2011 versus 30,000 at December
31, 2010. In addition, approximately 11,000 mostly
inactive claims have been settled and are awaiting final
documentation and dismissal, with or without payment. We
have accrued $93 for indemnity and defense costs for settled,
pending and future claims at September 30, 2011, compared to $101
at December 31, 2010. We use a fifteen-year time horizon
for our estimate of this liability.
At September 30, 2011, we had
recorded $50 as an asset for probable recovery from our insurers
for the pending and projected asbestos personal injury liability
claims, compared to $52 recorded at December 31,
2010. The recorded asset represents our assessment of
the capacity of our current insurance agreements to provide for the
payment of anticipated defense and indemnity costs for pending
claims and projected future demands. The recognition of
these recoveries is based on our assessment of our right to recover
under the respective contracts and on the financial strength of the
insurers. We have coverage agreements in place with our
insurers confirming substantially all of the related coverage and
payments are being received on a timely basis. The
financial strength of these insurers is reviewed at least annually
with the assistance of a third party. The recorded asset
does not represent the limits of our insurance coverage, but rather
the amount we would expect to recover if we paid the accrued
indemnity and defense costs.
During the second quarter of 2011, we
reached an agreement with an insurer to settle a long-standing
claim pending in the liquidation proceedings of the insurer and
recorded the estimated fair value of the recovery. As a
result, other income includes a $6 credit for this recovery of past
outlays related to asbestos claims. During the first
nine months of 2010, we recorded $1 of expense (before tax) ($2
during the first quarter, offset by a $1 credit during the second
quarter) to correct amounts primarily related to asbestos
receivables at December 31, 2009. These adjustments were
not considered material to the reporting periods in 2010 or to the
prior periods to which they relate.
Other product liabilities — We
had accrued $1 for non-asbestos product liability costs at
September 30, 2011 and December 31, 2010, with no recovery expected
from third parties at either date. We estimate these
liabilities based on assumptions about the value of the claims and
about the likelihood of recoveries against us derived from our
historical experience and current information.
Environmental liabilities — Accrued
environmental liabilities were $12 at September 30, 2011 and $13 at
December 31, 2010. We consider the most probable method
of remediation, current laws and regulations and existing
technology in determining the fair value of our environmental
liabilities. Other accounts receivable included a
related $1 recoverable from an insurer at both
dates.
Bankruptcy claims resolution — Dana and forty
of its wholly-owned subsidiaries (collectively, the Debtors)
reorganized under Chapter 11 of the U.S. Bankruptcy Code
(Chapter 11) from March 3, 2006 until emergence on
January 31, 2008 (the Effective Date). On the Effective
Date, we consummated the Third Amended Joint Plan of Reorganization
of Debtors and Debtors in Possession as modified (the Plan) and
emerged from Chapter 11. As provided in the Plan,
we issued and set aside approximately 28 million shares of
Dana common stock (valued in reorganization at $640) for
distribution to holders of allowed unsecured nonpriority claims in
Class 5B under the Plan. As of June 30, 2011, we
had issued 24 million of the 28 million shares for
allowed claims (valued in reorganization at $558), increasing the
total shares issued to 94 million (valued in reorganization at
$2,186) for unsecured claims of approximately
$2,266. Since all previously disputed and unliquidated
claims had been settled as of June 30, 2011, the 4 million
remaining shares (valued in reorganization at $84) were distributed
pro rata to the holders of the previously allowed general unsecured
claims in Class 5B during the quarter ended September 30,
2011.
Other legal matters — We
are subject to various pending or threatened legal proceedings
arising out of the normal course of business or
operations. In view of the inherent difficulty of
predicting the outcome of such matters, we cannot state what the
eventual outcome of these matters will be. However,
based on current knowledge and after consultation with legal
counsel, we do not believe that any liabilities that may result
from these proceedings are reasonably likely to have a material
adverse effect on our liquidity, financial condition or results of
operations.
|
| X | ||||||||||
|
- Definition
The entire disclosure for commitments and contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Warranty Obligations
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Warranty Obligations |
Note
14. Warranty Obligations
We record a liability for estimated
warranty obligations at the dates our products are
sold. We record the liability based on our estimate of
costs to settle future claims. Adjustments are made as
new information becomes available. Changes in our
warranty liabilities are as follows:
We have been notified of an alleged
quality issue at a foreign subsidiary of Dana that produces engine
coolers for a unit of Sogefi SpA that were used in modules supplied
to Volkswagen. Based on the information currently
available to us, we do not believe that this matter will result in
a material liability to Dana.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for standard and extended product warranties and other product guarantee contracts, including a tabular reconciliation of the changes in the guarantor's aggregate product warranty liability for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Income Taxes
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Income Taxes |
Note
15. Income Taxes
We
estimate the effective tax rate expected to be applicable for the
full fiscal year and use that rate to provide for income taxes in
interim reporting periods. We also recognize the tax
impact of certain discrete (unusual or infrequently occurring)
items, including changes in judgment about valuation allowances and
effects of changes in tax laws or rates, in the interim period in
which they occur. During the
third quarter of 2010, we reorganized our business operations in
Brazil, resulting in the reversal of $16 of valuation allowances
that had been recorded against certain deferred tax
assets.
We
reported income tax expense (benefit) of $29 and $(4) for the
quarters ended September 30, 2011 and 2010 and $91 and $10 for the
respective nine-month periods. The income tax rate
varies from the U.S. federal statutory rate of 35% due to valuation
allowances in several countries, the 2010 adjustment of valuation
allowances in Brazil, nondeductible expenses, different statutory
tax rates outside the U.S. and withholding taxes related to
repatriations of international earnings to the U.S.
We
record interest income or expense, as well as penalties, related to
uncertain tax positions as a component of income tax expense or
benefit. Net interest expense for the periods presented
herein is not significant.
We
have generally not recognized tax benefits on losses generated in
several countries, including the U.S., where the recent history of
operating losses does not allow us to satisfy the “more
likely than not” criterion for the recognition of deferred
tax assets. Consequently, there is no income tax benefit
recognized on the pre-tax losses in these jurisdictions as
valuation allowances are established offsetting the associated tax
benefit.
The
tax expense or benefit recorded is generally determined without
regard to other categories of earnings, such as OCI. An
exception occurs if there is aggregate pre-tax income from other
categories and a pre-tax loss from continuing operations, where a
valuation allowance has been established against deferred tax
assets. The tax benefit allocated to continuing
operations is the amount by which the loss from continuing
operations reduces the tax expense recorded with respect to the
other categories of earnings. This exception resulted in
a third quarter 2010 charge of $14 to OCI. An offsetting
income tax benefit was attributed to operations for the three
months and nine months ended September 30, 2010. The
benefit recorded in operations for the three and nine months ended
September 30, 2010 was limited to $7 due to interperiod tax
allocation rules, leaving a liability of $7 in current liabilities
at September 30, 2010. This exception was not applicable
in the third quarter of 2011.
We
provide for U.S. federal income and non-U.S. withholding taxes on
the earnings of our non-U.S. operations that are not considered to
be permanently reinvested. Accordingly, we continue to
analyze and adjust the estimated tax impact of the income and
non-U.S. withholding liabilities based on the amount and source of
these earnings. We recognized expense of $1 and a
benefit of $(1) for the quarters ended September 30, 2011 and 2010
and expense of $1 and $2 for the respective nine-month
periods.
|
| X | ||||||||||
|
- Definition
The entire disclosure for income taxes. Disclosures may include net deferred tax liability or asset recognized in an enterprise's statement of financial position, net change during the year in the total valuation allowance, approximate tax effect of each type of temporary difference and carryforward that gives rise to a significant portion of deferred tax liabilities and deferred tax assets, utilization of a tax carryback, and tax uncertainties information. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Other Income, Net
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Other Income, Net |
Note
16. Other Income, Net
As discussed in Note 11 above, the
losses on extinguishment of debt resulted primarily from repayment
of our Term Facility debt. The losses represent the OID
and deferred financing fees written off in connection with early
payments of principal and modifications of our borrowing
programs. As discussed in Note 2 above, the gain on sale
of equity investments resulted from the divestiture of our
interests in the GETRAG Entities. Also discussed in Note
2 above, we recorded an impairment charge on our axle, differential
and brake systems business serving the leisure, all-terrain-vehicle
and utility vehicle markets. As discussed in Note 13
above, a recovery finalized in the second quarter of 2011 of past
outlays related to asbestos claims resulted in a $6 credit to other
income.
Foreign
exchange gains and losses on cross-currency intercompany loan
balances that are not considered permanently invested are reported
above. Foreign exchange gains and losses on loans that
are permanently invested are reported in OCI. Foreign
exchange loss for the first nine months of 2010 also includes a
charge of $3 resulting from the devaluation of the Venezuelan
bolivar.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for other income or other expense items (both operating and nonoperating). Sources of nonoperating income or nonoperating expense that may be disclosed, include amounts earned from dividends, interest on securities, profits (losses) on securities, net and miscellaneous other income or income deductions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Segments
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Segments |
Note
17. Segments
The components that management
establishes for purposes of making decisions about an enterprise's
operating matters are referred to as "operating
segments." We manage our operations globally through
five operating segments: two on-highway segments – Light
Vehicle Driveline (LVD) and Commercial Vehicle – Off-Highway,
Power Technologies and Structures. The reporting of our
operating segment results was reorganized in the first quarter of
2011 in line with changes in our management
structure. Certain operations in South America were
moved from the LVD segment to the Commercial Vehicle segment as the
activities of these operations have become more closely aligned
with the commercial vehicle market. The results of these
segments have been retroactively adjusted to conform to the current
reporting structure.
We report the results of our
operating segments and related disclosures about each of our
segments on the basis that is used internally for evaluating
segment performance and deciding how to allocate resources to those
segments. The primary measure of operating results is
segment EBITDA. Management believes that segment EBITDA
is an important measure since the financial covenants in our debt
agreements are based, in part, on EBITDA. Our segments
are charged for corporate and other shared administrative
costs.
We used the following information to
evaluate our operating segments:
The following table
reconciles segment EBITDA to consolidated income before income
taxes:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Equity Affiliates
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Equity Affiliates |
Note 18. Equity Affiliates
Equity Affiliates —
At
September 30, 2011, we had 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.
The following table reflects our
ownership percentages and the balances of equity method investments
exceeding $5 at September 30, 2011:
The following table presents
summarized financial information for GETRAG
Corporation:
On September 30, 2011, we
completed the divestitures of our 49% equity interest in GETRAG
Corporation and our 42% equity interest in GETRAG Dana Holding GmbH
for $136. The divestitures were effected pursuant to the
terms of purchase agreements dated July 21, 2011. A $60
gain was recorded in connection with the divestitures and included
in other income, net on Dana’s consolidated statement of
operations.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
The entire disclosure for equity investment, or group of investments, for which combined disclosure is appropriate, including: (a) the name of each investee and percentage of ownership of common stock, (b) accounting policies for investments in common stock, (c) difference between the amount at which the investment is carried and the amount of underlying equity in net assets and the accounting treatment of the difference, (d) the total fair value of each identified investment for which a market value is available, (e) summarized information as to assets, liabilities, and results of operations of the investees (for investments in unconsolidated subsidiaries, common stock of joint ventures, or other investments using the equity method), and (f) material effects of possible conversions, exercises, or contingent issuances of the investee. Other disclosures include (a) the names of any investee in which the investor owns 20 percent or more of the voting stock and investment is not accounted for using the equity method, and the reasons why not, and (b) the names of any investee in which the investor owns less than 20 percent of the voting stock and the investment is accounted for using the equity method, and the reasons why it is. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Organization and Summary of Significant Accounting Policies (Policies)
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Basis of presentation | Basis
of presentation — Our
consolidated financial statements have been prepared in accordance
with accounting principles generally accepted in the United States
of America (GAAP) for interim financial information. These
statements are unaudited, but in the opinion of management include
all adjustments (consisting only of normal recurring adjustments)
necessary for a fair presentation of the results for the interim
periods. The results reported in these consolidated financial
statements should not necessarily be taken as indicative of results
that may be expected for the entire year. The financial information
included herein should be read in conjunction with the consolidated
financial statements in Item 8 of our 2010 Form 10-K. |
| Segments | Segments — The
reporting of our operating segment results was reorganized in the
first quarter of 2011 in line with changes in our management
structure. Certain operations in South America were
moved from the Light Vehicle Driveline (LVD) segment to the
Commercial Vehicle segment as the activities of these operations
have become more closely aligned with the commercial vehicle
market. The results of these segments have been
retroactively adjusted to conform to the current reporting
structure. See Note 17 for segment results. |
| Marketable securities |
Marketable securities — During the
second quarter of 2011, we determined that marketable securities
having original maturities greater than 90 days had been
incorrectly reported as cash and cash equivalents in prior
periods. As a result, there was an overstatement of cash
and cash equivalents and understatement of marketable securities of
$44 at December 31, 2010 and of $47 at March 31, 2011 and an
understatement of $3 in cash used in investing activities for the
three months ended March 31, 2011. With respect to
the amounts reported for the nine months ended September 30, 2010,
the $59 overstatement of December 31, 2009 cash and cash
equivalents decreased to $52 during the period, causing an $7
understatement of cash flows provided by investing
activities.
In our 2010 Form 10-K, the cash and cash equivalents reported as of
December 31, 2007 and 2008 and January 31, 2008 were overstated by
$46, $79 and $50 with corresponding understatements of marketable
securities. As a result, the reported cash provided by
(used in) investing activities for the one month ended January 31,
2008, the eleven months ended December 31, 2008 and the years ended
December 31, 2009 and 2010 of $77, $(221), $(98) and $2 should have
been $74, $(250), $(78) and $17. Amounts reported in
prior periods have been revised in the accompanying financial
statements and the related notes. These revisions were
not considered material to the current period or to the prior
periods to which they relate.
We classify our investments in marketable securities as available
for sale. Available-for-sale securities are recorded at fair
value with unrealized gains and losses recorded in accumulated
other comprehensive income (loss) (AOCI) until realized.
Realized gains and losses are recorded using the specific
identification method.
Marketable securities are classified in Level 1 if quoted prices
are available for those securities in active markets. If
quoted market prices are not available, we determine fair values
using prices from quoted prices of similar securities. Such
securities are generally classified in Level 2. Our fixed
income U.S. government agencies securities and certificates of
deposit are classified in Level 2.
|
| Recently issued accounting pronouncements |
Recently
issued accounting pronouncements
In September 2011, the Financial Accounting Standards Board (FASB)
issued guidance for employers that participate in multiemployer
pension and other postretirement benefit plans to provide
additional quantitative and qualitative disclosures. The
amendment does not change recognition and measurement
guidance. The guidance is effective for annual periods
for fiscal years ending after December 15, 2011, with early
adoption permitted. We do not expect adoption of this
guidance to impact our financial condition or results of
operations.
In September 2011, the FASB issued guidance to provide an option in
a company’s annual goodwill impairment test to first assess
qualitative factors to determine whether the existence of events or
circumstances leads to a determination that it is more likely than
not that the fair value of a reporting unit is less than its
carrying amount. If, after assessing all events and
circumstances, it is determined that it is not more likely than not
that the fair value of a reporting unit is less than its carrying
amount, then performing the two-step goodwill impairment test is
unnecessary. The guidance also expands the qualitative
factors that a company should consider between annual impairment
tests. The changes are effective for fiscal years
beginning after December 15, 2011. Early adoption is
permitted. We do not expect adoption of this guidance to
impact our financial condition or results of
operations.
In June 2011, the FASB issued guidance to improve the
comparability, consistency and transparency of financial reporting
and to increase the prominence of items reported in other
comprehensive income. The standard eliminates the
current option to present components of other comprehensive income
as part of the statement of changes in stockholders’
equity. The amendment requires that all nonowner changes
in stockholders’ equity be presented either in a single
continuous statement of comprehensive income or in two separate but
consecutive statements. The amendment does not affect
how earnings per share is calculated or presented. The
guidance is effective for interim and annual periods beginning
after December 15, 2011. Early adoption is
permitted. We do not expect adoption of this guidance to
impact our financial condition or results of
operations.
In May 2011, the FASB issued guidance to improve consistency in
application of existing fair value measurement and disclosure
requirements. The standard is intended to clarify the
application of the requirements, not to establish valuation
standards or affect valuation practices outside of financial
reporting. The guidance is effective for interim and
annual periods beginning on or after December 15, 2011, with early
adoption prohibited. We do not expect adoption of this
guidance to have a material impact on our financial condition or
results of operations.
|
| X | ||||||||||
|
- Definition
Recently Issued Accounting Pronouncements No definition available.
|
| X | ||||||||||
|
- Definition
Disclosure of accounting policy regarding (1) the principles it follows in consolidating or combining the separate financial statements, including the principles followed in determining the inclusion or exclusion of subsidiaries or other entities in the consolidated or combined financial statements and (2) its treatment of interests (for example, common stock, a partnership interest or other means of exerting influence) in other entities, for example consolidation or use of the equity or cost methods of accounting. The accounting policy may also address the accounting treatment for intercompany accounts and transactions, noncontrolling interest, and the income statement treatment in consolidation for issuances of stock by a subsidiary. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Disclosure of accounting policy for investments in debt and equity securities that have readily determinable fair values (marketable securities). At a minimum, the disclosure might address accounting policies for investments classified as trading, available for sale, or held to maturity and may include how the entity determines whether impairments of available for sale or held to maturity investments are other than temporary, how the fair values of the entity's securities are determined, and the entity's accounting treatment for transfers between investment categories. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Disclosure of accounting policy for segment reporting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Acquisitions and Divestitures (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Pro Forma Information |
The following unaudited pro forma information presents the results
of operations of Dana as if the additional 46% investment in DDAC
had been acquired on January 1, 2010. The unaudited pro
forma financial information is not intended to represent or be
indicative of the results of operations of Dana that would have
been reported had the acquisition been completed as of the dates
presented and should not be taken as representative of the future
results of operations of Dana.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of pro forma results of operations for a material business acquisition or series of individually immaterial business acquisitions that are material in the aggregate. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Restructuring of Operations (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Restructuring Charges and Related Payments and Adjustments |
Restructuring charges
and related payments and adjustments —
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Project-to-date and Estimated Future Restructuring Costs |
Cost to complete — The
following table provides project-to-date and estimated future
expenses for completion of our pending restructuring initiatives
for our business segments.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of restructuring and related costs by type of restructuring including the description of the restructuring costs, such as the expected cost; the costs incurred during the period; the cumulative costs incurred as of the balance sheet date; the income statement caption within which the restructuring charges recognized for the period are included; and changes to an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of an entity's restructuring reserve that occurred during the period associated with the exit from or disposal of business activities or restructurings for each major type of cost. This element may also include a description of any reversal and other adjustment made during the period to the amount of an accrued liability for restructuring activities. This element may be used to encapsulate the roll forward presentations of an entity's restructuring reserve by type of cost and in total, and explanation of changes that occurred in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Goodwill and Other Intangible Assets (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Other Intangible Assets |
Components
of other intangible assets —
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Amortization Expense Related to the Amortizable Intangible Assets |
Amortization expense
related to amortizable intangible assets
—
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Estimated Aggregate Pre-tax Amortization Expense Related to Intangible Assets |
The following table provides the estimated aggregate pre-tax
amortization expense related to intangible assets for each of the
next five years based on September 30, 2011 exchange
rates. Actual amounts may differ from these estimates
due to such factors as currency translation, customer turnover,
impairments, additional intangible asset acquisitions and other
events.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Disclosure of amortization expense for the period. No definition available.
|
| X | ||||||||||
|
- Definition
Disclosure of the carrying value of intangibles assets, excluding goodwill, and the changes during the period due to acquisition, sale, impairment or for other reasons in total and by major class. A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of the company. No definition available.
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the estimated aggregate amortization expense for intangible assets subject to amortization for each of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Earnings per Share (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciling the Weighted-Average Number of Shares Used in the Earnings Per Share Calculations |
The following table reconciles the weighted-average number of
shares used in the basic earnings per share calculations to the
weighted-average number of shares used to compute diluted earnings
per share.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of the weighted average number of shares used in calculating basic net earnings per share (or unit) and diluted earnings per share (or unit). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Stock Compensation (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Grant of Stock Options, Stock Appreciation Rights (SARs), Restricted Stock Units (RSUs) and Performance Share Units (PSUs) |
Our Board of Directors approved the grant of stock options, stock
appreciation rights (SARs), restricted stock units (RSUs) and
performance share units (PSUs) shown in the table below during the
first nine months of 2011 under the 2008 Omnibus Incentive
Plan.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Key Assumptions as part of the Black-Scholes Option Pricing Model |
We estimated fair values for options and SARs granted during 2011
using the following key assumptions as part of the Black-Scholes
option pricing model. The expected term was estimated
using the simplified method because the limited period of time our
common stock has been publicly traded provides insufficient
historical exercise data. The expected volatility was
estimated using a combination of the historical volatility of
similar entities and the implied volatility of our exchange-traded
options. The dividend yield is assumed to be zero since
there are no current plans to pay common stock
dividends.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of the significant assumptions used during the year to estimate the fair value of stock options, including, but not limited to: (a) expected term of share options and similar instruments, (b) expected volatility of the entity's shares, (c) expected dividends, (d) risk-free rate(s), and (e) discount for post-vesting restrictions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the weighted-average grant-date fair value of equity options or other equity instruments granted during the year. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Pension and Postretirement Benefit Plans (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Components of Net Periodic Benefit Costs |
Components
of net periodic benefit costs —
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of the components of net benefit costs for pension plans and/or other employee benefit plans including service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) recognized due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Equity (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Consolidated Equity Attributable to Parent and Noncontrolling Interests |
The following table presents changes in consolidated equity
attributable to parent and noncontrolling
interests:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of changes in the separate accounts comprising stockholders' equity (in addition to retained earnings) and of the changes in the number of shares of equity securities during at least the most recent annual fiscal period and any subsequent interim period presented is required to make the financial statements sufficiently informative if both financial position and results of operations are presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Cash Deposits and Marketable Securities (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Cash Deposits |
Cash deposits are maintained to provide credit enhancement for
certain agreements and are reported as part of cash and cash
equivalents. For most of these deposits, the cash may be
withdrawn if comparable security is provided in the form of letters
of credit. Accordingly, these deposits are not
considered to be restricted.
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Marketable Securities |
The following table summarizes information regarding marketable
securities:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of marketable securities. This may consist of investments in certain debt and equity securities, short-term investments and other assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the components of cash and cash equivalents. No definition available.
|
|
Financing Agreements (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Redemption Prices (Expressed as Percentages of Principal Amount), plus Accrued and Unpaid Interest to the Redemption Date |
At any time on or after February 15, 2015, we may redeem some or
all of the Senior Notes at the following redemption prices
(expressed as percentages of principal amount), plus accrued and
unpaid interest to the redemption date, if redeemed during the
12-month period commencing on February 15 of the years set forth
below:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Remaining Borrowing Availability and Base Rate or London Interbank Offered Rate (LIBOR) |
The New Revolving Facility bears interest at a floating rate based
on, at our option, the base rate or London Interbank Offered Rate
(LIBOR) (each as described in the New Revolving Facility) plus a
margin based on the undrawn amounts available under the New
Revolving Facility as set forth below:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of long-debt instruments or arrangements, including identification, terms, features, collateral requirements and other information necessary to a fair presentation. These are debt arrangements that originally required repayment more than twelve months after issuance or greater than the normal operating cycle of the entity, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of information pertaining to short-term and long-debt instruments or arrangements, including but not limited to identification of terms, features, collateral requirements and other information necessary to a fair presentation. No definition available.
|
|
Fair Value Measurements and Derivatives (Tables)
|
9 Months Ended | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Assets and Liabilities Measured at Fair Value on a Recurring Basis |
Fair value measurements on a recurring basis — Assets
and liabilities that are carried in our balance sheet at fair value
are as follows:
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Notional Amount of Currency Forward Contracts Designated and Undesignated as Cash Flow Hedges |
These contracts are primarily associated with forecasted
transactions involving the purchases and sales of inventory through
the next twelve months.
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Level 3 Recurring Fair Value Measurements |
Changes in Level 3 recurring fair value measurements
—
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Changes In Level 3 Fair Value Measurements No definition available.
|
| X | ||||||||||
|
- Definition
Tabular disclosure of pertinent information about a derivative or group of derivatives on a disaggregated basis, such as for individual instruments, or small groups of similar instruments. May include a combination of the type of instrument, risks being hedged, notional amount, hedge designation, related hedged item, inception date, maturity date, or other relevant item. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of assets and liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Warranty Obligations (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Changes in Warranty Liabilities |
Changes in our warranty liabilities are as
follows:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of the changes in the guarantor's aggregate product warranty liability, including the beginning balance of the aggregate product warranty liability, the aggregate reductions in that liability for payments made (in cash or in kind) under the warranty, the aggregate changes in the liability for accruals related to product warranties issued during the reporting period, the aggregate changes in the liability for accruals related to preexisting warranties (including adjustments related to changes in estimates), and the ending balance of the aggregate product warranty liability. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Other Income, Net (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summary of Other Income, Net |
Note
16. Other Income, Net
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Disclosure of the detailed components of other income and expense, net. No definition available.
|
|
Segments (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Information Used to Evaluate Operating Segments |
We used the following information to evaluate our operating
segments:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Reconciliation of Segment EBITDA to Consolidated Income Before Income Taxes |
The following table reconciles segment EBITDA to consolidated
income before income taxes:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Tabular disclosure of all significant reconciling items in the reconciliation of total profit or loss from reportable segments, to the entity's consolidated income before income taxes, extraordinary items, and discontinued operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Equity Affiliates (Tables)
|
9 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
|||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Ownership Percentages and Balances of Equity Method Investments |
The following table reflects our ownership percentages and the
balances of equity method investments exceeding $5 at September 30,
2011:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Summarized Financial Information for GETRAG Corporation |
The following table presents summarized financial information for
GETRAG Corporation:
|
||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Equity Method Investees, Income Statement Data No definition available.
|
| X | ||||||||||
|
- Definition
Tabular disclosure of equity method investments in common stock. The disclosure may include: (a) the name of each investee or group of investments for which combined disclosure is appropriate, (2) the percentage ownership of common stock, (3) the difference, if any, between the carrying amount of an investment and the value of the underlying equity in the net assets and the accounting treatment of difference, if any, and (4) the aggregate value of each identified investment based on its quoted market price, if available. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Organization and Summary of Significant Accounting Policies - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
6 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | 1 Months Ended | 11 Months Ended | 12 Months Ended | 1 Months Ended | 11 Months Ended | 12 Months Ended | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Jun. 30, 2011
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Dec. 31, 2010
|
Dec. 31, 2009
|
Sep. 30, 2010
Overstatement
|
Mar. 31, 2011
Overstatement
|
Dec. 31, 2010
Overstatement
|
Dec. 31, 2009
Overstatement
|
Dec. 31, 2008
Overstatement
|
Jan. 31, 2008
Overstatement
|
Dec. 31, 2007
Overstatement
|
Mar. 31, 2011
Understatement
|
Dec. 31, 2010
Understatement
|
Dec. 31, 2008
Understatement
|
Jan. 31, 2008
Understatement
|
Dec. 31, 2007
Understatement
|
Jan. 31, 2008
Scenario, Previously Reported
|
Dec. 31, 2008
Scenario, Previously Reported
|
Dec. 31, 2010
Scenario, Previously Reported
|
Dec. 31, 2009
Scenario, Previously Reported
|
Jan. 31, 2008
Restated Amount
|
Dec. 31, 2008
Restated Amount
|
Dec. 31, 2010
Restated Amount
|
Dec. 31, 2009
Restated Amount
|
|
| Cash and cash equivalents | $ 851 | $ 1,085 | $ 1,090 | $ 888 | $ 52 | $ 47 | $ 44 | $ 59 | $ 79 | $ 50 | $ 46 | ||||||||||||||
| Marketable securities | 47 | 44 | 79 | 50 | 46 | ||||||||||||||||||||
| Net cash flows provided by (used in) investing activities | $ (257) | $ 61 | $ 7 | $ 3 | $ 77 | $ (221) | $ 2 | $ (98) | $ 74 | $ (250) | $ 17 | $ (78) | |||||||||||||
| Description of prior period reclassification adjustment | During the second quarter of 2011, we determined that marketable securities having original maturities greater than 90 days had been incorrectly reported as cash and cash equivalents in prior periods. As a result, there was an overstatement of cash and cash equivalents and understatement of marketable securities of $44 at December 31, 2010 and of $47 at March 31, 2011 and an understatement of $3 in cash used in investing activities for the three months ended March 31, 2011. With respect to the amounts reported for the nine months ended September 30, 2010, the $59 overstatement of December 31, 2009 cash and cash equivalents decreased to $52 during the period, causing an $7 understatement of cash flows provided by investing activities. In our 2010 Form 10-K, the cash and cash equivalents reported as of December 31, 2007 and 2008 and January 31, 2008 were overstated by $46, $79 and $50 with corresponding understatements of marketable securities. As a result, the reported cash provided by (used in) investing activities for the one month ended January 31, 2008, the eleven months ended December 31, 2008 and the years ended December 31, 2009 and 2010 of $77, $(221), $(98) and $2 should have been $74, $(250), $(78) and $17. Amounts reported in prior periods have been revised in the accompanying financial statements and the related notes. These revisions were not considered material to the current period or to the prior periods to which they relate. | ||||||||||||||||||||||||
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total debt and equity financial instruments including: (1) securities held-to-maturity, (2) trading securities, and (3) securities available-for-sale which are intended to be held for less than one year or the normal operating cycle, whichever is longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net cash inflow or outflow from investing activity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of any reclassifications of prior period amounts in order to conform to the current period's presentation. No definition available.
|
| X | ||||||||||
|
- Definition
This item represents the entity's proportionate share for the period of the undistributed net income (loss) of its investee (such as unconsolidated subsidiaries and joint ventures) to which the equity method of accounting is applied. Such amount typically reflects adjustments similar to those made in preparing consolidated statements, including adjustments to eliminate intercompany gains and losses, and to amortize, if appropriate, any difference between cost and underlying equity in net assets of the investee at the date of investment. No definition available.
|
| X | ||||||||||
|
- Definition
Agreement Entry Date No definition available.
|
| X | ||||||||||
|
- Definition
Acquisition date fair value of additional investment. No definition available.
|
| X | ||||||||||
|
- Definition
Business acquisition fair value adjustments. No definition available.
|
| X | ||||||||||
|
- Definition
Capital Lease Obligations, Useful Life No definition available.
|
| X | ||||||||||
|
- Definition
Disposal Group, Including Discontinued Operation, Deferred Proceeds No definition available.
|
| X | ||||||||||
|
- Definition
Receivable from divestiture of business. No definition available.
|
| X | ||||||||||
|
- Definition
Disposal group, including discontinued operation, receivable held in escrow. No definition available.
|
| X | ||||||||||
|
- Definition
Earnout Consideration from Divestiture Of Business No definition available.
|
| X | ||||||||||
|
- Definition
Expected annual revenue to be recognized. No definition available.
|
| X | ||||||||||
|
- Definition
Payments to Acquire Distribution Rights. No definition available.
|
| X | ||||||||||
|
- Definition
Percentage Of Ownership Interests No definition available.
|
| X | ||||||||||
|
- Definition
Percentage Of Ownership Interests Acquired No definition available.
|
| X | ||||||||||
|
- Definition
Reduction In Net Earnings No definition available.
|
| X | ||||||||||
|
- Definition
Selling Price Agreement Term No definition available.
|
| X | ||||||||||
|
- Definition
The calculated weighted-average amortization period of a major class of finite-lived intangible assets acquired during the current period either individually or as part of a group of assets (in either an asset acquisition or business combination). A major class is composed of intangible assets that can be grouped together because they are similar, either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate value (measured at the lower of net carrying value or fair value less cost of disposal) for assets of a disposal group, including a component of the entity (discontinued operation), to be sold or that has been disposed of through sale, as of the financial statement date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Fair value, as of the acquisition date, of potential payments under the contingent consideration arrangement including cash and shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total cost of the acquired entity including the cash paid to shareholders of acquired entities, fair value of debt and equity securities issued to shareholders of acquired entities, the fair value of the liabilities assumed, and direct costs of the acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of direct costs of the business combination including legal, accounting, and other costs incurred to consummate the business acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to an identifiable intangible asset that will be amortized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to assets acquired. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total purchase price of the acquired entity. This includes cash paid to equity interest holders of the acquired entity, fair value of debt and equity securities issued to equity holders of the acquired entity, and transaction costs paid to third parties to consummate the acquisition. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to capital lease obligations assumed from the acquired entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to inventory, including finished goods, work-in-process, and raw materials. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to receivables. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to accounts payable of the acquired entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to noncurrent assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of acquisition cost of a business combination allocated to property, plant and equipment to be used in ongoing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the amount of earnings or loss of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents the amount of revenue of the acquiree since the acquisition date included in the consolidated income statement for the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
For the disposal group, including a component of the entity (discontinued operation), carrying value (net of accumulated depreciation and any write-downs) of tangible assets that are held by an entity for use in the production or supply of goods and services, for rental to others, or for administrative purposes and that are expected to provide economic benefit for more than one year. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of sales or other form of revenues attributable to the disposal group, including a component of the entity (discontinued operation), during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The loss (gain) resulting from the write-down of the carrying value of assets classified as a disposal group, but one which is not further classified as a discontinued operation, to fair value less cost to sell. A (gain) results from a subsequent increase in fair value less cost to sell, but not in excess of the cumulative loss previously recognized. For example, the write-down of a disposal group subject to a plan of sale, which was not sold in the current period, to its held-for-sale value. The loss (gain) is included in income from continuing operations before income taxes in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
|
| X | ||||||||||
|
- Definition
The maximum useful life of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The minimum useful life of a major finite-lived intangible asset class. A major class is composed of intangible assets that can be grouped together because they are similar either by their nature or by their use in the operations of a company. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The obligations arising from the sale, disposal, or planned sale in the near future (generally within one year) of a disposal group, including a component of the entity (discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash outflow associated with the purchase of or advances to an equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the amount received from the sale of a portion of the company's business, for example a segment, division, branch or other business, during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average useful life of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|
| X | ||||||||||
|
- Definition
The maximum useful life of long-lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|
| X | ||||||||||
|
- Definition
The minimum useful life of long lived, physical assets used in the normal conduct of business and not intended for resale. Examples include land, buildings, machinery and equipment, and other types of furniture and equipment including, but not limited to, office equipment, furniture and fixtures, and computer equipment and software. No definition available.
|
|
Pro forma information presents the results of operations of Dana (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Net income | ||||
| As reported | $ 112 | $ 47 | $ 157 | $ 27 |
| Net income attributable to the parent company | ||||
| As reported | 110 | 46 | 148 | 24 |
| Net income available to common stockholders | ||||
| As reported | 102 | 38 | 125 | |
| Net income per share - Basic | ||||
| As reported | $ 0.69 | $ 0.27 | $ 0.85 | |
| Net income per share - Diluted | ||||
| As reported | $ 0.51 | $ 0.22 | $ 0.69 | |
|
Dongfeng Dana Axle Co., Ltd.
|
||||
| Net income | ||||
| As reported | 157 | 27 | ||
| Pro forma | 162 | 34 | ||
| Net income attributable to the parent company | ||||
| As reported | 148 | 24 | ||
| Pro forma | 153 | 31 | ||
| Net income available to common stockholders | ||||
| As reported | 125 | |||
| Pro forma | $ 130 | $ 7 | ||
| Net income per share - Basic | ||||
| As reported | $ 0.85 | |||
| Pro forma | $ 0.89 | $ 0.05 | ||
| Net income per share - Diluted | ||||
| As reported | $ 0.69 | |||
| Pro forma | $ 0.71 | $ 0.05 | ||
| X | ||||||||||
|
- Definition
Business Acquisition, Pro Forma Net Income (Loss) Available To Common Stockholders Basic No definition available.
|
| X | ||||||||||
|
- Definition
Business Acquisition, Pro Forma Profit (Loss) No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The pro forma basic net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The pro forma diluted net income per share for a period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The pro forma net Income or Loss for the period as if the business combination or combinations had been completed at the beginning of a period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) for the period available to each share of common stock or common unit outstanding during the reporting period and to each share or unit that would have been outstanding assuming the issuance of common shares or units for all dilutive potential common shares or units outstanding during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of profit or loss for the period, net of income taxes, which is attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Net income after adjustments for dividends on preferred stock (declared in the period) and/or cumulative preferred stock (accumulated for the period). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Restructuring of Operations - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | 3 Months Ended | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
Person
|
Sep. 30, 2010
|
Jun. 30, 2011
|
Dec. 31, 2010
|
Sep. 30, 2011
U.S.
Person
|
Sep. 30, 2011
Longview, Texas
Person
|
Sep. 30, 2011
Employee Termination Benefits
|
Sep. 30, 2010
Employee Termination Benefits
|
Jun. 30, 2011
Employee Termination Benefits
|
Dec. 31, 2010
Employee Termination Benefits
|
Sep. 30, 2011
Exit Costs
|
Sep. 30, 2010
Exit Costs
|
Jun. 30, 2011
Exit Costs
|
Dec. 31, 2010
Exit Costs
|
Sep. 30, 2011
Accelerated Depreciation/Impairment
|
Sep. 30, 2010
Accelerated Depreciation/Impairment
|
Mar. 31, 2011
LVD
|
Sep. 30, 2011
Remainder of Year
|
Sep. 30, 2011
After Current Year
|
|
| Restructuring Cost and Reserve [Line Items] | |||||||||||||||||||||
| Restructuring and headcount reduction initiatives | $ 24 | $ 10 | $ 65 | $ 60 | $ 23 | $ 36 | $ 40 | $ 17 | $ 2 | $ 7 | |||||||||||
| Lease termination costs | 20 | ||||||||||||||||||||
| Work force reductions | 800 | 200 | |||||||||||||||||||
| Estimated reduction of employees over the next two years | 1,200 | ||||||||||||||||||||
| Restructuring accruals | $ 29 | $ 29 | $ 39 | $ 28 | $ 23 | $ 17 | $ 24 | $ 6 | $ 22 | $ 4 | $ 8 | $ 21 | |||||||||
| X | ||||||||||
|
- Definition
The charge against earnings in the period, comprised of costs incurred associated with an exit or disposal activity other than for a discontinued operations as defined under generally accepted accounting principles. Costs of such activities include those for one-time termination benefits, termination of an operating lease or other contract, consolidating or closing facilities, and relocating employees, and costs associated with an ongoing benefit arrangement, but excludes costs associated with the retirement of a long-lived asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The expected number of positions to be eliminated as a result of restructuring activities. No definition available.
|
| X | ||||||||||
|
- Definition
The number of positions eliminated during the period as a result of restructuring activities. No definition available.
|
| X | ||||||||||
|
- Definition
Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Restructuring Reserve, Pension Settlements No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Carrying amount (including both current and noncurrent portions of the accrual) as of the balance sheet date pertaining to a specified type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of any reversal and other adjustment made during the period to the amount of a previously accrued liability for a specified type of restructuring cost, excluding adjustments for costs incurred during the period, costs settled during the period, and foreign currency translation adjustments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reserve increase representing the amount charged against earnings in the period for a specified incurred and estimated type of cost associated with exit from or disposal of business activities or restructuring pursuant to a duly authorized plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Amount of cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of consideration other than cash paid in the period to fully or partially settle a specified, previously accrued type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of foreign currency translation adjustment increasing or decreasing the accrual for a specified type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Project-to-date and Estimated Future Restructuring Costs (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | 27 Months Ended | 36 Months Ended |
|---|---|---|---|
|
Sep. 30, 2011
|
Dec. 31, 2010
|
Sep. 30, 2011
|
|
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | $ 65 | $ 108 | $ 173 |
| Future Cost to Complete | 44 | ||
|
LVD
|
|||
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | 37 | 46 | 83 |
| Future Cost to Complete | 15 | ||
|
Power Technologies
|
|||
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | 7 | 14 | 21 |
| Future Cost to Complete | 6 | ||
|
Commercial Vehicle
|
|||
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | 9 | 42 | 51 |
| Future Cost to Complete | 11 | ||
|
Off-Highway
|
|||
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | 1 | 6 | 7 |
| Future Cost to Complete | 3 | ||
|
Structures
|
|||
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | 5 | 5 | |
| Future Cost to Complete | 4 | ||
|
Corporate and Other Segment
|
|||
| Restructuring Cost and Reserve [Line Items] | |||
| Expenses Recognized | 6 | 6 | |
| Future Cost to Complete | $ 5 |
| X | ||||||||||
|
- Definition
Amount of costs expected to be incurred in the future for restructuring activities. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of costs incurred to date for the specified type of restructuring cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Goodwill and Other Intangible Assets - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
Sep. 30, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Goodwill [Line Items] | ||
| Goodwill | $ 104 | $ 104 |
| Net carrying amounts of intangible assets, other than goodwill | 427 | 352 |
|
Off-Highway
|
||
| Goodwill [Line Items] | ||
| Goodwill | 104 | 104 |
| Net carrying amounts of intangible assets, other than goodwill | 115 | |
|
LVD
|
||
| Goodwill [Line Items] | ||
| Net carrying amounts of intangible assets, other than goodwill | 16 | |
|
Power Technologies
|
||
| Goodwill [Line Items] | ||
| Net carrying amounts of intangible assets, other than goodwill | 38 | |
|
Commercial Vehicle
|
||
| Goodwill [Line Items] | ||
| Net carrying amounts of intangible assets, other than goodwill | $ 258 |
| X | ||||||||||
|
- Definition
Carrying amount as of the balance sheet date, which is the cumulative amount paid and (if applicable) the fair value of any noncontrolling interest in the acquiree, adjusted for any amortization recognized prior to the adoption of any changes in generally accepted accounting principles (as applicable) and for any impairment charges, in excess of the fair value of net assets acquired in one or more business combination transactions. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of impairment charges and accumulated amortization of intangible assets as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
Sum of the gross carrying amounts of intangible assets, excluding goodwill, before any impairment charges or accumulated amortization as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The calculated weighted-average useful life of all finite-lived intangible assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of the carrying amounts of all intangible assets, excluding goodwill, as of the balance sheet date, net of accumulated amortization and impairment charges. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Amortization Expense Related to the Amortizable Intangible Assets (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Goodwill [Line Items] | ||||
| Charged to cost of sales | $ 3 | $ 4 | $ 10 | $ 11 |
| Charged to amortization of intangibles | 20 | 15 | 58 | 46 |
| Total amortization | $ 23 | $ 19 | $ 68 | $ 57 |
| X | ||||||||||
|
- Definition
The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The aggregate expense charged against earnings to allocate the cost of intangible assets (nonphysical assets not used in production) in a systematic and rational manner to the periods expected to benefit from such assets. As a noncash expense, this element is added back to net income when calculating cash provided by or used in operations using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of the costs of intangible assets over the expected benefit period of such assets. This element applies only to intangible assets used in the production of goods. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Estimated Aggregate Pre-tax Amortization Expense Related to Intangible Assets (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Amortization expense remainder of 2011 | $ 22 |
| Amortization expense 2012 | 87 |
| Amortization expense 2013 | 87 |
| Amortization expense 2014 | 55 |
| Amortization expense 2015 | $ 25 |
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during the remainder of the current fiscal year. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year four of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year one of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year three of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of amortization expense expected to be recognized during year two of the five succeeding fiscal years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Capital Stock - Additional Information (Detail) (USD $)
In Millions, except Share data, unless otherwise specified |
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Class of Stock [Line Items] | |
| Preferred dividends description | Series A and Series B preferred stock - Dividends on our 4.0% Series A Convertible Preferred Stock and 4.0% Series B Convertible Preferred Stock (preferred stock) are accrued monthly and are payable in cash as approved by the Board of Directors |
| Series A and Series B preferred stock dividend rate percentage | 4.00% |
| Preferred dividends accrued | $ 8 |
| Series B Preferred Stock elected to convert | 90,099 |
| Common stock shares issued for conversion | 760,945 |
| Total fair value of the conversions | $ 14 |
| X | ||||||||||
|
- Definition
Preferred Dividends Accrued Not Yet Paid No definition available.
|
| X | ||||||||||
|
- Definition
The fair value of common stock issued at conversion date. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The number of shares converted in a noncash (or part noncash) transaction. Noncash is defined as transactions during a period that do not result in cash receipts or cash payments in the period. "Part noncash" refers to that portion of the transaction not resulting in cash receipts or cash payments in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of shares issued for each share of convertible preferred stock that is converted. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Specific information regarding dividend payment dates or timing and whether or not dividends are paid on a cumulative basis. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The percentage rate used to calculate dividend payments on preferred stock. No definition available.
|
|
Reconciling the Weighted-Average Number of Shares Used in the Earnings Per Share Calculations (Detail)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Weighted-average number of shares outstanding - basic | 147.1 | 140.9 | 146.3 | 140.2 |
| Employee compensation-related shares, including stock options | 2.8 | 5.0 | 3.5 | |
| Conversion of preferred stock | 64.7 | 66.2 | 65.5 | |
| Weighted-average number of shares outstanding - diluted | 214.6 | 212.1 | 215.3 | 140.2 |
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of convertible preferred stock using the if-converted method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Additional shares included in the calculation of diluted EPS as a result of the potentially dilutive effect of share based payment arrangements using the treasury stock method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The average number of shares or units issued and outstanding that are used in calculating diluted EPS or earnings per unit (EPU), determined based on the timing of issuance of shares or units in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Earnings per Share - Additional Information (Detail)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
|
Common Stock Equivalents
|
||||
| Earnings Per Share Disclosure [Line Items] | ||||
| Shares excluded from the calculations of earnings per share as the effect of including them would have been anti-dilutive | 0.5 | 2.2 | 0.5 | 1.8 |
|
Antidilutive Securities Due to Effect on Period Loss
|
||||
| Earnings Per Share Disclosure [Line Items] | ||||
| Shares excluded from the calculations of earnings per share as the effect of including them would have been anti-dilutive | 5.5 | |||
|
Assumed Conversion Of Preferred Stock
|
||||
| Earnings Per Share Disclosure [Line Items] | ||||
| Shares excluded from the calculations of earnings per share as the effect of including them would have been anti-dilutive | 66.2 | |||
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Securities (including those issuable pursuant to contingent stock agreements) that could potentially dilute basic earnings per share (EPS) or earnings per unit (EPU) in the future that were not included in the computation of diluted EPS or EPU because to do so would increase EPS or EPU amounts or decrease loss per share or unit amounts for the period presented. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Grant of Stock Options, Stock Appreciation Rights (SARs), Restricted Stock Units (RSUs) and Performance Share Units (PSUs) (Detail) (USD $)
In Millions, except Per Share data, unless otherwise specified |
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
| Stock options - Granted | 0.7 |
| Stock options - Per Share Exercise Price | $ 17.05 |
| Stock options - Weighted-average Grant Date Fair Value | $ 9.55 |
|
SARs
|
|
| Other than options - Granted | 0.1 |
| Other than options - Per Share Exercise Price | $ 17.82 |
| Other than options - Weighted-average Grant Date Fair Value | $ 10.01 |
|
RSUs
|
|
| Other than options - Granted | 1.0 |
| Other than options - Weighted-average Grant Date Fair Value | $ 17.14 |
|
PSUs
|
|
| Other than options - Granted | 0.2 |
| Other than options - Weighted-average Grant Date Fair Value | $ 17.80 |
| X | ||||||||||
|
- Definition
The weighted average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on stock appreciation rights awarded under the plan during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
The number of grants made during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average fair value at grant date for nonvested equity-based awards issued during the period on other than stock (or unit) option plans (for example, phantom stock or unit plan, stock or unit appreciation rights plan, performance target plan). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Net number of share options (or share units) granted during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average price as of the balance sheet date at which grantees can acquire the shares reserved for issuance on stock options awarded under the plan during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average grant-date fair value of options granted during the reporting period as calculated by applying the disclosed option pricing methodology. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Employee Service Share Based Compensation, Nonvested Awards, Total Compensation Cost Not yet Recognized,Vested and Expected to Vest Period for Recognition No definition available.
|
| X | ||||||||||
|
- Definition
The number of shares under stock awards and stock options that were exercised during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
The number of shares under stock awards and stock options that were forfeited during the reporting period. No definition available.
|
| X | ||||||||||
|
- Definition
Represents the expense recognized during the period arising from equity-based compensation arrangements (for example, shares of stock, unit, stock options or other equity instruments) with employees, directors and certain consultants qualifying for treatment as employees. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate cash paid by the entity during the period to settle equity instruments granted under equity-based payment arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate proceeds received by the entity during the annual period from exercises of stock or unit options and conversion of similar instruments granted under equity-based payment arrangements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
As of the balance sheet date, the aggregate unrecognized cost of equity-based awards made to employees under equity-based compensation awards that have yet to vest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The weighted average period over which unrecognized compensation is expected to be recognized for equity-based compensation plans, using a decimal to express in number of years. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated dividend rate (a percentage of the share price) to be paid (expected dividends) to holders of the underlying shares over the option's term. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The number of shares newly issued during the reporting period under the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Key Assumptions as part of the Black-Scholes Option Pricing Model (Detail)
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
Year
|
|
|
Options
|
|
| Expected term (in years) | 6.00 |
| Risk-free interest rate | 2.64% |
| Expected volatility | 58.05% |
|
SARs
|
|
| Expected term (in years) | 6.00 |
| Risk-free interest rate | 2.67% |
| Expected volatility | 58.18% |
| X | ||||||||||
|
- Definition
The period of time an equity-based award is expected to be outstanding. An equity-based award's expected term is generally determined based on, among other factors, the instrument's contractual term and the effects of employees' expected exercise and post-vesting employment termination behavior. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The estimated measure of the percentage by which a share price is expected to fluctuate during a period. Volatility also may be defined as a probability-weighted measure of the dispersion of returns about the mean. The volatility of a share price is the standard deviation of the continuously compounded rates of return on the share over a specified period. That is the same as the standard deviation of the differences in the natural logarithms of the stock prices plus dividends, if any, over the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The risk-free interest rate assumption that is used in valuing an option on its own shares. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of net periodic benefit cost for defined benefit plans for the period, before gain (loss) due to settlements or curtailments and special termination benefit costs. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), and prior service cost or credit. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of gains or losses recognized in net periodic benefit cost. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
An amount calculated as a basis for determining the extent of delayed recognition of the effects of changes in the fair value of assets. The expected return on plan assets is determined based on the expected long-term rate of return on plan assets and the market-related value of plan assets. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase in a defined benefit pension plan's projected benefit obligation or a defined benefit postretirement plan's accumulated postretirement benefit obligation due to the passage of time. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of net periodic benefit cost for defined benefit plans for the period. Periodic benefit costs include the following components: service cost, interest cost, expected return on plan assets, gain (loss), prior service cost or credit, transition asset or obligation, and gain (loss) due to settlements or curtailments. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net gain (loss) recognized in net periodic benefit cost as a result of an event that significantly reduces the expected years of future service of present employees or eliminates for a significant number of employees the accrual of defined benefits for some or all of their future services. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include (a) making lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and (b) purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The actuarial present value of benefits attributed by the pension benefit formula to services rendered by employees during the period. The portion of the expected postretirement benefit obligation attributed to employee service during the period. The service cost component is a portion of the benefit obligation and is unaffected by the funded status of the plan. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Pension and Postretirement Benefit Plans - Additional Information (Detail) (Foreign Pension Plans, Defined Benefit, USD $)
In Millions, unless otherwise specified |
6 Months Ended | 9 Months Ended | |
|---|---|---|---|
|
Jun. 30, 2011
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
|
Foreign Pension Plans, Defined Benefit
|
|||
| Defined Benefit Plan Disclosure [Line Items] | |||
| Reduced amount of benefit obligations due to settlements | $ 75 | ||
| Reduced amount of fair value of plan assets due to settlements | 75 | ||
| Pension benefit obligations settlement loss | $ 5 | $ 5 | $ 1 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The amount of increase or decrease in the fair value of plan assets during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net gain (loss) recognized in net periodic benefit cost as a result of an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include (a) making lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and (b) purchasing nonparticipating annuity contracts to cover vested benefits. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of decrease that relates to an irrevocable action that relieves the employer (or the plan) of primary responsibility for a benefit obligation and eliminates significant risks related to the obligation and the assets used to effect the settlement. Examples of transactions that constitute a settlement include (a) making lump-sum cash payments to plan participants in exchange for their rights to receive specified benefits and (b) purchasing nonparticipating annuity contracts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Changes in additional paid in capital related to exercise of share-based payments awards (such as stock options) and the amount of recognized equity-based compensation during the period (such as nonvested shares). No definition available.
|
| X | ||||||||||
|
- Definition
The change in equity [net assets] of a business enterprise during a period from transactions and other events and circumstances from non-owner sources which are attributable to the reporting entity. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners, but excludes any and all transactions which are directly or indirectly attributable to that ownership interest in subsidiary equity which is not attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of aggregate cash, stock, and paid-in-kind dividends declared for common shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Equity impact of aggregate cash, stock, and paid-in-kind dividends declared for preferred shareholders during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Decrease in noncontrolling interest balance from payment of dividends or other distributions by the non-wholly owned subsidiary or partially owned entity, included in the consolidation of the parent entity, to the noncontrolling interest holders. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Gross appreciation or the gross loss in value of the total unsold securities, after tax, attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) to accumulated comprehensive income during the period related to benefit plans, after tax, attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Adjustment that results from the process of translating subsidiary financial statements and foreign equity investments into functional currency of the reporting entity, net of tax, attributable to the parent entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Reclassification adjustment for translation gains or losses realized upon the sale or complete or substantially complete liquidation of an investment in foreign entity, after tax. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents Other Comprehensive Income or Loss, Net of Tax, for the period attributable to the parent entity. Includes deferred gains or losses on qualifying hedges, unrealized holding gains or losses on available-for-sale securities, minimum pension liability, and cumulative translation adjustment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The consolidated profit or loss for the period, net of income taxes, including the portion attributable to the noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total of Stockholders' Equity (deficit) items, net of receivables from officers, directors, owners, and affiliates of the entity including portions attributable to both the parent and noncontrolling interests (previously referred to as minority interest), if any. The entity including portions attributable to the parent and noncontrolling interests is sometimes referred to as the economic entity. This excludes temporary equity and is sometimes called permanent equity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Equity - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | 3 Months Ended | ||
|---|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Mar. 31, 2011
Correction Adjustment
|
|
| Stockholders Equity Note [Line Items] | |||||
| Noncontrolling interests net income | $ 2 | $ 1 | $ 9 | $ 3 | $ 3 |
| Tax expense charged to OCI | 14 | 14 | |||
| Income tax benefit allocated to operations | 7 | 7 | |||
| Tax benefit deferred in other current liabilities | $ 7 | $ 7 | |||
| X | ||||||||||
|
- Definition
Excess of tax effect on items included in other comprehensive income (loss) during the period over the offsetting income tax benefit to operations due to interperiod tax allocation rules. No definition available.
|
| X | ||||||||||
|
- Definition
Offsetting income tax benefit to operations related to the tax effect on items included in other comprehensive income (loss) during the period. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The portion of net Income or Loss attributable to the noncontrolling interest (if any) deducted in order to derive the portion attributable to the parent. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tax effect of the change in accumulated other comprehensive income (loss), that is, the tax effect on items included in other comprehensive income (loss) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Cash Deposits (Detail) (USD $)
In Millions, unless otherwise specified |
Sep. 30, 2011
|
Dec. 31, 2010
|
Sep. 30, 2010
|
Dec. 31, 2009
|
|---|---|---|---|---|
| Restricted Cash and Cash Equivalents Items [Line Items] | ||||
| Cash and cash equivalents | $ 751 | |||
| Cash and cash equivalents held as deposits | 31 | |||
| Cash and cash equivalents held at less than wholly-owned subsidiaries | 69 | |||
| Total balance | 851 | 1,090 | 1,085 | 888 |
|
U.S.
|
||||
| Restricted Cash and Cash Equivalents Items [Line Items] | ||||
| Cash and cash equivalents | 351 | |||
| Cash and cash equivalents held as deposits | 3 | |||
| Cash and cash equivalents held at less than wholly-owned subsidiaries | 1 | |||
| Total balance | 355 | |||
|
Non-U.S.
|
||||
| Restricted Cash and Cash Equivalents Items [Line Items] | ||||
| Cash and cash equivalents | 400 | |||
| Cash and cash equivalents held as deposits | 28 | |||
| Cash and cash equivalents held at less than wholly-owned subsidiaries | 68 | |||
| Total balance | $ 496 |
| X | ||||||||||
|
- Definition
Cash and Cash Equivalents Excluding Deposits No definition available.
|
| X | ||||||||||
|
- Definition
Cash and Cash Equivalents Held as Deposits No definition available.
|
| X | ||||||||||
|
- Definition
Cash and Cash Equivalents Held at Less Than Wholly-Owned Subsidiaries No definition available.
|
| X | ||||||||||
|
- Definition
Includes currency on hand as well as demand deposits with banks or financial institutions. It also includes other kinds of accounts that have the general characteristics of demand deposits in that the Entity may deposit additional funds at any time and also effectively may withdraw funds at any time without prior notice or penalty. Cash equivalents, excluding items classified as marketable securities, include short-term, highly liquid investments that are both readily convertible to known amounts of cash, and so near their maturity that they present minimal risk of changes in value because of changes in interest rates. Generally, only investments with original maturities of three months or less qualify under that definition. Original maturity means original maturity to the entity holding the investment. For example, both a three-month US Treasury bill and a three-year Treasury note purchased three months from maturity qualify as cash equivalents. However, a Treasury note purchased three years ago does not become a cash equivalent when its remaining maturity is three months. Compensating balance arrangements that do not legally restrict the withdrawal or usage of cash amounts may be reported as Cash and Cash Equivalents, while legally restricted deposits held as compensating balances against borrowing arrangements, contracts entered into with others, or company statements of intention with regard to particular deposits are not generally reported as cash and cash equivalents. Includes cash and cash equivalents associated with the entity's continuing operations. Excludes cash and cash equivalents associated with the disposal group (and discontinued operation). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Summary of Marketable Securities (Detail) (USD $)
In Millions, unless otherwise specified |
Sep. 30, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Cost | $ 51 | $ 51 |
| Unrealized Gains (Losses) | (1) | 3 |
| Fair Value | 50 | 54 |
|
U.S. government and agencies
|
||
| Cost | 15 | 23 |
| Fair Value | 15 | 23 |
|
Corporate equity securities
|
||
| Cost | 5 | |
| Unrealized Gains (Losses) | 3 | |
| Fair Value | 8 | |
|
Certificates of deposit
|
||
| Cost | 11 | 15 |
| Fair Value | 11 | 15 |
|
Mutual funds
|
||
| Cost | 25 | 8 |
| Unrealized Gains (Losses) | (1) | |
| Fair Value | $ 24 | $ 8 |
| X | ||||||||||
|
- Definition
This item represents the cost of debt and equity securities, which are categorized neither as held-to-maturity nor trading, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments recognized, as defined), and fair value hedge accounting adjustments, if any. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Investments in debt and equity securities which are categorized neither as trading securities nor held-to-maturity securities and which are intended be sold or mature within one year from the balance sheet date or the normal operating cycle, whichever is longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net amount of gross unrealized gains (losses) for securities, at a point in time, which are categorized neither as held-to-maturity nor trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Cash Deposits and Marketable Securities - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Cash, cash equivalents and marketable securities [Line Items] | ||||
| Proceeds from liquidating available-for-sale marketable securities | $ 19 | $ 9 | $ 26 | $ 24 |
|
US Government Agencies Debt Securities And Certificates Of Deposit
|
||||
| Cash, cash equivalents and marketable securities [Line Items] | ||||
| Marketable securities, maturing in one year or less | 8 | 8 | ||
| Marketable securities, maturing after one year through five years | 11 | 11 | ||
| Marketable securities, maturing after five years | $ 7 | $ 7 | ||
| X | ||||||||||
|
- Definition
This item represents debt securities, at cost, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments, as defined), and fair value hedge accounting adjustments, if any, which are expected to mature after five years from the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This item represents debt securities, at cost, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments, as defined), and fair value hedge accounting adjustments, if any, which are expected to mature after one year and through five years from the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents debt securities, at cost, net of adjustments including accretion, amortization, collection of cash, previous other-than-temporary impairments recognized in earnings (less any cumulative-effect adjustments, as defined), and fair value hedge accounting adjustments, if any, which are expected to mature within one year of the balance sheet date and which are categorized neither as held-to-maturity nor trading securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of debt and equity securities classified as available-for-sale securities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Financing Agreements - Additional Information (Detail)
In Millions, unless otherwise specified |
9 Months Ended | 3 Months Ended | 9 Months Ended | 9 Months Ended | 9 Months Ended | ||||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
|
Sep. 30, 2011
USD ($)
|
Sep. 30, 2011
Prior to February 15, 2014
Minimum
|
Sep. 30, 2011
Senior Notes Due 2019
USD ($)
|
Sep. 30, 2011
Senior Notes Due 2019
Prior to February 15, 2015
|
Sep. 30, 2011
Senior Notes Due 2019
Prior to February 15, 2014
|
Sep. 30, 2011
Senior Notes Due 2021
USD ($)
|
Sep. 30, 2011
Senior Notes Due 2021
Prior to February 15, 2015
|
Sep. 30, 2011
Senior Notes Due 2021
Prior to February 15, 2016
|
Sep. 30, 2011
Senior Notes
USD ($)
|
Mar. 31, 2011
Revolving Facility
USD ($)
|
Sep. 30, 2011
Revolving Facility
USD ($)
|
Sep. 30, 2011
Revolving Facility
Minimum
|
Sep. 30, 2011
Revolving Facility
Maximum
|
Sep. 30, 2011
Revolving Facility
Letter of Credit
|
Sep. 30, 2011
Revolving Facility
Letter of Credit
Maximum
USD ($)
|
Sep. 30, 2011
European Receivables Loan Facility
USD ($)
|
Sep. 30, 2011
European Receivables Loan Facility
EUR (€)
|
Sep. 30, 2011
Covenant Requirement
|
Sep. 30, 2011
Covenant Requirement
Group 1
Minimum
USD ($)
|
Sep. 30, 2011
Covenant Requirement
Group 2
CreditScore
|
Sep. 30, 2011
Covenant Requirement
Group 2
Minimum
USD ($)
|
|
| Debt Instrument [Line Items] | |||||||||||||||||||||
| Senior notes issued | $ 400 | $ 350 | |||||||||||||||||||
| Gross borrowings | 750 | 0 | 0 | ||||||||||||||||||
| Senior notes issued, interest rate | 6.50% | 6.75% | |||||||||||||||||||
| Maturity due date | Feb. 15, 2019 | Feb. 15, 2021 | Mar. 31, 2016 | ||||||||||||||||||
| First interest payment date | Aug. 15, 2011 | ||||||||||||||||||||
| Current aggregate facility | 500 | 300 | 100 | 75 | |||||||||||||||||
| Interest payment dates | February 15 and August 15 of each year | ||||||||||||||||||||
| Maturity term of the facility | 5 years | 5 years | |||||||||||||||||||
| Net proceeds of the offerings | 733 | ||||||||||||||||||||
| Available borrowing capacity | 358 | 89 | |||||||||||||||||||
| Underwriting commission | 15 | ||||||||||||||||||||
| Deferred financing costs write-off | 2 | 1 | |||||||||||||||||||
| Deferred fee paid | 2 | 2 | |||||||||||||||||||
| Cash and cash equivalents paid for debt extinguishment | 127 | ||||||||||||||||||||
| Deferred financing costs and original issue discount (OID), write off | 51 | ||||||||||||||||||||
| Percentage aggregate principal amount that can be redeemed | 10.00% | 35.00% | 35.00% | 10.00% | |||||||||||||||||
| Redemption Price | 100.00% | 103.00% | 106.50% | 106.75% | 103.00% | ||||||||||||||||
| Percentage aggregate principal amount that must remain outstanding after redemption | 65.00% | 65.00% | |||||||||||||||||||
| Previous aggregate facility | 650 | ||||||||||||||||||||
| Fees paid in connection with the amendment of revolving credit facility | 6 | ||||||||||||||||||||
| Pledged percentage of capital stock of material foreign subsidiaries | 65.00% | ||||||||||||||||||||
| Percentage of applicable commitment fee | 0.50% | 0.625% | |||||||||||||||||||
| Percentage of fronting fee | 0.25% | ||||||||||||||||||||
| Commitment fees description | Commitment fees are applied based on the average daily unused portion of the available amounts under the New Revolving Facility. If the average daily use is less than 50%, the applicable fee will be 0.50% per annum. If the average daily unused portion of the New Revolving Facility is equal to or greater than 50%, the applicable fee will be 0.625% per annum. | ||||||||||||||||||||
| Utilized letters of credit | 85 | ||||||||||||||||||||
| Weighted-average interest rate on the term loan debt | 6.62% | ||||||||||||||||||||
| Borrowing base collateral | 443 | ||||||||||||||||||||
| Pro forma excess borrowing availability | $ 125 | $ 75 | |||||||||||||||||||
| Fixed charge coverage ratio | 1.1 | ||||||||||||||||||||
| Debt covenants, description | The incurrence-based covenants in the New Revolving Facility permit Dana to, among other things, (i) issue foreign subsidiary indebtedness, (ii) incur general indebtedness, which can be secured by the assets that previously secured the Term Facility on a first priority basis and (iii) incur additional unsecured debt so long as the pro forma minimum fixed charge coverage ratio is at least 1.11.0. | ||||||||||||||||||||
| Debt covenants, dividend payment conditions | Dana may also make dividend payments in respect of its common stock as well as certain investments and acquisitions so long as there is (i) at least $125 of pro forma excess borrowing availability or (ii) at least $75 of pro forma excess borrowing availability and the pro forma minimum fixed charge coverage ratio is at least 1.1:1.0. | ||||||||||||||||||||
| X | ||||||||||
|
- Definition
The amount of cash used to reduce the principal amount of long term debt. No definition available.
|
| X | ||||||||||
|
- Definition
Debt instrument interest payable date. No definition available.
|
| X | ||||||||||
|
- Definition
Debt instrument interest payable dates. No definition available.
|
| X | ||||||||||
|
- Definition
Debt Redemption Price Percent Of Principal Amount No definition available.
|
| X | ||||||||||
|
- Definition
Fixed Charge Coverage Ratio, Minimum No definition available.
|
| X | ||||||||||
|
- Definition
Previous amount of borrowing capacity available under a credit facility. No definition available.
|
| X | ||||||||||
|
- Definition
Term of facility. No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of the capital stock of foreign subsidiaries pledged as collateral. No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of Fronting Fee No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of Redeemable Notes, Maximum No definition available.
|
| X | ||||||||||
|
- Definition
Percentage of redeemable notes that must remain outstanding after redemption. No definition available.
|
| X | ||||||||||
|
- Definition
Pro Forma Excess Borrowing, Availability No definition available.
|
| X | ||||||||||
|
- Definition
Underwriting commision costs incurred related to issuance of debt. No definition available.
|
| X | ||||||||||
|
- Definition
Fees associated with the issuance of debt. No definition available.
|
| X | ||||||||||
|
- Definition
Write-off of amounts previously capitalized as original issue discount and deferred issuance costs in an extinguishment of debt. No definition available.
|
| X | ||||||||||
|
- Definition
Including current and noncurrent portions, aggregate carrying amount of long-term borrowings as of the balance sheet date before deducting unamortized discount or premiums (if any). May include notes payable, bonds payable, commercial loans, mortgage loans, convertible debt, subordinated debt and other types of debt, which had initial maturities beyond one year or beyond the normal operating cycle, if longer. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of minimum financial levels (for example, tangible net worth and working capital) and achievement of certain financial ratios (for example, working capital ratio and debt service coverage ratio), and adherence to certain clauses which generally require or restrict certain actions (for example, entering into a debt arrangement with equal or greater seniority, and selling or discontinuing a certain business segment or material subsidiary) to be in compliance with the covenant clauses of the debt agreement. May also include a discussion of the adverse consequences that would result if the entity violates or fails to satisfy the covenants. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The stated principal amount of the debt instrument at time of issuance, which may vary from the carrying amount because of unamortized premium or discount. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Interest rate stated in the contractual debt agreement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Date when the debt instrument is scheduled to be fully repaid, which may be presented in a variety of ways (year, month and year, day, month and year, quarter, etc.). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount borrowed under the credit facility as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of the fees for amounts available, but unused under the credit facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of current borrowing capacity under the credit facility considering any current restrictions on the amount that could be borrowed (for example, borrowings may be limited by the amount of current assets), but without considering any amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Description of restrictions on the entity's ability to pay dividends as required by the terms of the credit facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount of borrowing capacity currently available under the credit facility (current borrowing capacity less the amount of borrowings outstanding). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. No definition available.
|
| X | ||||||||||
|
- Definition
Reflects the calculation as of the balance sheet date of the average interest rate weighted by the amount of long-term debt outstanding by type or by instrument at that time. No definition available.
|
| X | ||||||||||
|
- Definition
The cash outflow for cost incurred in the modification of term of existing debt agreement in order for the entity to achieve some advantage. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cash inflow from additional borrowings, net of cash paid to third parties in connection with debt origination. No definition available.
|
| X | ||||||||||
|
- Definition
Write-off of amounts previously capitalized as debt issuance cost in an extinguishment of debt. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Redemption Prices (Expressed as Percentages of Principal Amount), plus Accrued and Unpaid Interest to the Redemption Date (Detail)
|
Sep. 30, 2011
|
|---|---|
|
Senior Notes Due 2019 | Fiscal Year 2015
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 103.25% |
|
Senior Notes Due 2019 | Fiscal Year 2016
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 101.625% |
|
Senior Notes Due 2019 | Fiscal Year 2017
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 100.00% |
|
Senior Notes Due 2019 | Fiscal Year 2018
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 100.00% |
|
Senior Notes Due 2019 | Fiscal Year 2019 and thereafter
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 100.00% |
|
Senior Notes Due 2021 | Fiscal Year 2016
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 103.375% |
|
Senior Notes Due 2021 | Fiscal Year 2017
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 102.25% |
|
Senior Notes Due 2021 | Fiscal Year 2018
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 101.125% |
|
Senior Notes Due 2021 | Fiscal Year 2019 and thereafter
|
|
| Extinguishment of Debt [Line Items] | |
| Redemption Price | 100.00% |
| X | ||||||||||
|
- Definition
Debt Redemption Price Percent Of Principal Amount No definition available.
|
| X | ||||||||||
|
- Details
|
|
Remaining Borrowing Availability and Base Rate or London Interbank Offered Rate (LIBOR) (Detail)
|
9 Months Ended |
|---|---|
|
Sep. 30, 2011
|
|
|
Greater than $350
|
|
| Debt Instrument [Line Items] | |
| Base Rate | 1.50% |
| LIBOR Rate | 2.50% |
|
Greater than $150 but less than or equal to $350
|
|
| Debt Instrument [Line Items] | |
| Base Rate | 1.75% |
| LIBOR Rate | 2.75% |
|
$150 or less
|
|
| Debt Instrument [Line Items] | |
| Base Rate | 2.00% |
| LIBOR Rate | 3.00% |
| X | ||||||||||
|
- Definition
Debt Instrument Interest Base Rate No definition available.
|
| X | ||||||||||
|
- Definition
Debt Instrument Interest LIBOR Rate No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Investments in debt and equity securities which are categorized neither as trading securities nor held-to-maturity securities and which are intended be sold or mature within one year from the balance sheet date or the normal operating cycle, whichever is longer. Such securities are reported at fair value; unrealized gains (losses) related to Available-for-sale Securities are excluded from earnings and reported in a separate component of shareholders' equity (other comprehensive income), unless the Available-for-sale security is designated as a hedge or is determined to have had an other than temporary decline in fair value below its amortized cost basis. All or a portion of the unrealized holding gain (loss) of an Available-for-sale security that is designated as being hedged in a fair value hedge is recognized in earnings during the period of the hedge, as are other than temporary declines in fair value below the cost basis for investments in equity securities and debt securities that an entity intends to sell or it is more likely than not that it will be required to sell before the recovery of its amortized cost basis. Other than temporary declines in fair value below the cost basis for debt securities categorized as Available-for-sale that an entity does not intend to sell and for which it is not more likely than not that the entity will be required to sell before the recovery of its amortized cost basis are bifurcated into credit losses and losses related to all other factors. Other than temporary declines in fair value below cost basis related to credit losses are recognized in earnings, and losses related to all other factors are recognized in other comprehensive income. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents contracts related to the exchange of different currencies, including foreign currency options, forward (delivery or nondelivery) contracts, and swaps entered into and existing as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. This item represents contracts related to the exchange of different currencies, including foreign currency options, forward (delivery or nondelivery) contracts, and swaps entered into and existing as of the balance sheet date. No definition available.
|
| X | ||||||||||
|
- Definition
This element represents the portion of the balance sheet assertion valued at fair value by the entity whether such amount is presented as a separate caption or as a parenthetical disclosure. Additionally, this element may be used in connection with the fair value disclosures required in the footnote disclosures to the financial statements. The element may be used in both the balance sheet and disclosure in the same submission. An amount representing an agreement for an unconditional promise by the maker to pay the Company (holder) a definite sum of money at a future date(s). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Fair Value Measurements and Derivatives - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
Sep. 30, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Fair Value, Measurement Inputs, Disclosure [Line Items] | ||
| Notional amounts of derivatives | $ 230 | $ 108 |
| Notional amounts of currency forward contracts designated cash flow hedges | 210 | |
| Deferred losses which are reported in AOCI that are expected to be reclassified to earnings during the next twelve months | 14 | |
| Fair value of the note lower than the callable value | 2 | |
|
Cross Currency Swap
|
||
| Fair Value, Measurement Inputs, Disclosure [Line Items] | ||
| Notional amounts of derivatives | $ 3 | $ 3 |
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Reduction of Fair Value of Note No definition available.
|
| X | ||||||||||
|
- Definition
The estimated net amount of unrealized gains or losses on foreign currency cash flow hedges at the reporting date expected to be reclassified to earnings within the next 12 months. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of all foreign currency derivatives designated as hedging instruments in cash flow hedges. Notional amount refers to the number of currency units specified in the foreign currency derivative contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of foreign currency exchange rate derivatives. Notional amount refers to the number of currency units specified in the foreign currency derivative contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Derivative, Currency Bought or Sold No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Date when foreign currency exchange rate derivatives mature or expire. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of all derivatives. The notional amount relates to a number of currency units, shares, bushels, pounds, or other units specified in a derivative instrument. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of all foreign currency derivatives designated as hedging instruments in cash flow hedges. Notional amount refers to the number of currency units specified in the foreign currency derivative contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate notional amount of all foreign currency derivatives not designated as hedging instruments. Notional amount refers to the number of currency units specified in the foreign currency derivative contract. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Level 3 Recurring Fair Value Measurements (Detail) (Notes Receivable, USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
|
Notes Receivable
|
||||
| Beginning of period | $ 109 | $ 97 | $ 103 | $ 94 |
| Accretion of value (interest income) | 3 | 3 | 9 | 8 |
| Note sold in Structures sale | (2) | |||
| Unrealized gain (loss) (OCI) | (2) | (2) | ||
| End of period | $ 110 | $ 100 | $ 110 | $ 100 |
| X | ||||||||||
|
- Definition
This element represents total gains or losses for the period (realized and unrealized), arising from assets measured at fair value on a recurring basis using unobservable inputs (Level 3), which are included in earnings or resulted in a change in net asset value. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents total gains or losses for the period (realized and unrealized), arising from assets measured at fair value on a recurring basis using unobservable inputs (Level 3), which are included in other comprehensive income (a separate component of shareholders' equity). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sales that have taken place during the period in relation to assets measured at fair value and categorized within Level 3 of the fair value hierarchy. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents an asset measured at fair value using significant unobservable inputs (Level 3) which is required for reconciliation purposes of beginning and ending balances. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Aggregate number of common shares released to holders for allowed unsecured bankruptcy claims. No definition available.
|
| X | ||||||||||
|
- Definition
Reorganization value of common shares released to holders for allowed unsecured bankruptcy claims. No definition available.
|
| X | ||||||||||
|
- Definition
Cumulative number of common shares issued for bankruptcy claims. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate number of common shares issued and set aside for future distribution to holders of allowed unsecured bankruptcy claims. No definition available.
|
| X | ||||||||||
|
- Definition
Reorganization value of common shares issued and set aside for future distribution to holders of allowed unsecured bankruptcy claims. No definition available.
|
| X | ||||||||||
|
- Definition
Reorganization value of common shares issued for bankruptcy claims. No definition available.
|
| X | ||||||||||
|
- Definition
Time horizon used to estimate loss contingency liability. No definition available.
|
| X | ||||||||||
|
- Definition
The number of claims settled and awaiting final documentation and dismissal. No definition available.
|
| X | ||||||||||
|
- Definition
Aggregate value of unsecured claims in bankruptcy. No definition available.
|
| X | ||||||||||
|
- Definition
Total costs accrued as of the balance sheet date for environmental loss contingencies. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The carrying amount as of the balance sheet date of the combined total of loss contingency liabilities. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Present value of the estimated aggregate accrual for damages arising from third-party use of the entity's product(s) or process(es) as of the balance sheet date (if the accrual qualifies for discounting). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The total amount of pending claims pertaining to a loss contingency accrual as of the balance sheet date. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The carrying amount as of the balance sheet date of a recorded receivable related to a loss contingency accrual. For example, an insurance recovery receivable to the extent that the insurance recovery is probable and does not exceed the amount of the loss previously recognized in the financial statements. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The increase (decrease) in the period in the recorded receivable pertaining to a loss contingency. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The gross income statement effect of insurance proceeds for each material event or transaction (that would not reasonably be expected to recur in the foreseeable future) that possesses a high degree of abnormality and are clearly unrelated to, or incidentally related to, the ordinary and typical activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Changes in Warranty Liabilities (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Balance, beginning of period | $ 92 | $ 83 | $ 85 | $ 83 |
| Amounts accrued for current period sales | 8 | 8 | 33 | 32 |
| Adjustments of prior accrual estimates | (3) | 7 | (2) | 10 |
| Settlements of warranty claims | (8) | (12) | (31) | (36) |
| Currency impact and other | (5) | 3 | (1) | |
| Balance, end of period | $ 84 | $ 89 | $ 84 | $ 89 |
| X | ||||||||||
|
- Definition
Total increase (decrease) in the standard and extended product warranty liability due to currency translation and other adjustments. No definition available.
|
| X | ||||||||||
|
- Definition
Adjustments to previous product warranty accrual estimates. No definition available.
|
| X | ||||||||||
|
- Definition
Carrying value as of the balance sheet date of obligations incurred through that date and payable for estimated claims under standard and extended warranty protection rights granted to customers. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the aggregate decrease in the liability related to payments to satisfy claims for standard and extended product warranties. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Represents the aggregate increase in the liability for accruals related to standard and extended product warranties issued during the reporting period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Income Taxes - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Income Taxes [Line Items] | ||||
| Reversal of valuation allowances | $ 16 | |||
| Tax expense charged to OCI | 14 | 14 | ||
| Income tax benefit allocated to operations | 7 | 7 | ||
| Tax benefit deferred in other current liabilities | 7 | 7 | ||
| Income tax (benefit) expense | 29 | (4) | 91 | 10 |
| U.S. federal statutory rate | 35.00% | |||
| U.S. federal income and non-U.S. withholding tax liability adjustments on future repatriations, expense (benefit) | $ 1 | $ (1) | $ 1 | $ 2 |
| X | ||||||||||
|
- Definition
Excess of tax effect on items included in other comprehensive income (loss) during the period over the offsetting income tax benefit to operations due to interperiod tax allocation rules. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Offsetting income tax benefit to operations related to the tax effect on items included in other comprehensive income (loss) during the period. No definition available.
|
| X | ||||||||||
|
- Definition
The domestic federal statutory tax rate applicable under enacted tax laws to the Company's pretax income from continuing operations for the period. The "statutory" tax rate is the regular tax rate if there are alternative tax systems. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The sum of the current income tax expense or benefit and the deferred income tax expense or benefit pertaining to continuing operations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The portion of the difference between total income tax expense or benefit as reported in the Income Statement and the expected income tax expense or benefit computed by applying the domestic federal statutory income tax rates to pretax income from continuing operations attributable to the repatriation of foreign earnings in the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Tax effect of the change in accumulated other comprehensive income (loss), that is, the tax effect on items included in other comprehensive income (loss) during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of the change in the period in the valuation allowance for a specified deferred tax asset. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Summary of Other Income (Expense), Net (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Component of Other Income, Nonoperating [Line Items] | ||||
| Interest income | $ 7 | $ 8 | $ 20 | $ 21 |
| Foreign exchange gain (loss) | 12 | (2) | 10 | (12) |
| Losses on extinguishment of debt | (3) | (53) | (7) | |
| Gain on sale of equity investments | 60 | 60 | ||
| Loss on sale of Structural Products business | (5) | |||
| Impairment of long-lived assets | (5) | (5) | ||
| Other | 3 | 7 | 17 | 12 |
| Other income, net | $ 77 | $ 10 | $ 49 | $ 9 |
| X | ||||||||||
|
- Definition
The net amount of all other income and expense during the accounting period not otherwise specified in the income statement. No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The gain (loss) resulting from the sale of a disposal group that is not a discontinued operation. It is included in income from continuing operations before income taxes in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The loss (gain) resulting from the write-down of the carrying value of assets classified as a disposal group, but one which is not further classified as a discontinued operation, to fair value less cost to sell. A (gain) results from a subsequent increase in fair value less cost to sell, but not in excess of the cumulative loss previously recognized. For example, the write-down of a disposal group subject to a plan of sale, which was not sold in the current period, to its held-for-sale value. The loss (gain) is included in income from continuing operations before income taxes in the income statement. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate foreign currency transaction gain (loss) (both realized and unrealized) included in determining net income for the reporting period. Excludes foreign currency transactions designated as hedges of net investment in a foreign entity and intercompany foreign currency transactions that are of a long-term nature, when the entities to the transaction are consolidated, combined, or accounted for by the equity method in the reporting enterprise's financial statements. For certain enterprises, primarily banks, that are dealers in foreign exchange, foreign currency transaction gains (losses) may be disclosed as dealer gains (losses). Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The net amount of other income and expense amounts, the components of which are not separately disclosed on the income statement, resulting from ancillary business-related activities (that is, excluding major activities considered part of the normal operations of the business) also known as other nonoperating income (expense) recognized for the period. Such amounts may include: (a) dividends, (b) interest on securities, (c) net gains or losses on securities, (d) unusual costs, (e) gains or losses on foreign exchange transactions, and (f) miscellaneous other income and expense items. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Other Income (Expense), Net - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
9 Months Ended | 3 Months Ended |
|---|---|---|
|
Sep. 30, 2010
|
Jun. 30, 2011
Asbestos
|
|
| Component of Other Income, Nonoperating [Line Items] | ||
| Other income, credit for recovery of past outlays claims | $ 6 | |
| Foreign exchange gain (loss) for the devaluation of the Venezuelan bolivar | $ 3 |
| X | ||||||||||
|
- Definition
Noncash Foreign Exchange Loss Related to Venezuela Devaluation No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The gross income statement effect of insurance proceeds for each material event or transaction (that would not reasonably be expected to recur in the foreseeable future) that possesses a high degree of abnormality and are clearly unrelated to, or incidentally related to, the ordinary and typical activities of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Segments - Additional Information (Detail)
|
Sep. 30, 2011
Entity
|
|---|---|
| Segment Reporting Disclosure [Line Items] | |
| Number of operating segments | 5 |
| X | ||||||||||
|
- Definition
Number of Operating Segments No definition available.
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
Earnings before interest, taxes, depreciation, amortization and other items. No definition available.
|
| X | ||||||||||
|
- Definition
Amount of revenue from transactions with other operating segments of the same entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total revenue from sale of goods and services rendered during the reporting period, in the normal course of business, reduced by sales returns and allowances, and sales discounts. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Reconciliation of Segment EBITDA to Consolidated Income Before Income Taxes (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended | ||
|---|---|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
| Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items] | ||||
| Segment EBITDA | $ 208 | $ 160 | $ 602 | $ 445 |
| Corporate expense and other items, net | (8) | (12) | (20) | (35) |
| Depreciation | (53) | (57) | (163) | (180) |
| Amortization of intangibles | (23) | (19) | (68) | (57) |
| Restructuring | (24) | (10) | (65) | (60) |
| Loss on extinguishment of debt | (3) | (53) | (7) | |
| Gain on sale of equity investments | 60 | 60 | ||
| Other expenses | (5) | (9) | ||
| Loss on sale of assets and impairments | (5) | (1) | (6) | (7) |
| Stock compensation expense | (1) | (4) | (5) | (9) |
| Foreign exchange on intercompany loans, Venezuelan currency devaluation and market value adjustments on forwards | (1) | 2 | (3) | (13) |
| Interest expense | (20) | (22) | (59) | (68) |
| Interest income | 7 | 8 | 20 | 21 |
| Income before income taxes | $ 135 | $ 42 | $ 231 | $ 30 |
| X | ||||||||||
|
- Definition
Earnings before interest, taxes, depreciation, amortization and other items. No definition available.
|
| X | ||||||||||
|
- Definition
Total corporate and other shared administrative costs not allocated to segments. No definition available.
|
| X | ||||||||||
|
- Definition
Other foreign currency exchange gain or loss included in determining net income but not allocated to segments. Generally includes intercompany foreign currency impact on intercompany loans, market value adjustments on forwards, and other nonrecurring items. No definition available.
|
| X | ||||||||||
|
- Definition
The aggregate amount of recurring noncash expense charged against earnings in the period to allocate the cost of assets over their estimated remaining economic lives. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of expense recognized in the current period that reflects the allocation of the cost of tangible assets over the assets' useful lives. Includes production and non-production related depreciation. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
|
| X | ||||||||||
|
- Definition
The gains (losses) included in earnings resulting from the sale or disposal of tangible assets. This item does not include any gain (loss) recognized on the sale of oil and gas property or timber property. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount represents the difference between the fair value of the payments made and the carrying amount of the debt at the time of its extinguishment. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Sum of operating profit and nonoperating income or expense before Income or Loss from equity method investments, income taxes, extraordinary items, and noncontrolling interest. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The cost of borrowed funds accounted for as interest that was charged against earnings during the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Income derived from investments in debt securities and on cash and cash equivalents the earnings of which reflect the time value of money or transactions in which the payments are for the use or forbearance of money. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This element represents a sum total of expenses not separately reflected on the income statement for the period. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Amount charged against earnings in the period for incurred and estimated costs associated with exit from or disposal of business activities or restructurings pursuant to a duly authorized plan, excluding asset retirement obligations. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
| X | ||||||||||
|
- Definition
The aggregate amount of noncash, equity-based employee remuneration. This may include the value of stock or unit options, amortization of restricted stock or units, and adjustment for officers' compensation. As noncash, this element is an add back when calculating net cash generated by operating activities using the indirect method. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
|
Equity Affiliates - Additional Information (Detail) (USD $)
In Millions, unless otherwise specified |
3 Months Ended | 9 Months Ended |
|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2011
|
|
| Schedule of Equity Method Investments [Line Items] | ||
| Threshold for reporting equity method investments | $ 5 | $ 5 |
| Proceeds from sale of interest in equity affiliates | 136 | |
| Gain on sale of equity investments | 60 | 60 |
|
Equity Method Investments
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Gain on sale of equity investments | 60 | |
|
Equity Method Investments | GETRAG Corporation
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Percentage of divestitures equity interest | 49.00% | 49.00% |
|
Equity Method Investments | Getrag Dana Holding GmbH
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Percentage of divestitures equity interest | 42.00% | 42.00% |
|
Equity Method Investments | GETRAG entities
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Proceeds from sale of interest in equity affiliates | $ 136 |
| X | ||||||||||
|
- Definition
The minimum value for reporting the carrying amount of ownership in an investee accounted for under the equity method of accounting. No definition available.
|
| X | ||||||||||
|
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the amount of gain (loss) arising from the disposal of an equity method investment. No definition available.
|
| X | ||||||||||
|
- Definition
The cash inflow associated with the sale of equity method investments, which are investments in joint ventures and entities in which the entity has an equity ownership interest normally of 20 to 50 percent and exercises significant influence. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Principal Components of Investments In Equity Affiliates (Detail) (USD $)
In Millions, unless otherwise specified |
Sep. 30, 2011
|
Dec. 31, 2010
|
|---|---|---|
| Schedule of Equity Method Investments [Line Items] | ||
| Investment | $ 185 | |
| Investment in affiliates carried at cost | 5 | |
| Investment in affiliates | 190 | 123 |
|
Dongfeng Dana Axle Co., Ltd.
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Ownership Percentage | 50.00% | |
| Investment | 140 | |
|
Bendix Spicer Foundation Brake, LLC
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Ownership Percentage | 20.00% | |
| Investment | 29 | |
|
Axles India Limited
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Ownership Percentage | 48.00% | |
| Investment | 9 | |
|
All others as a group
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Investment | $ 7 |
| X | ||||||||||
|
- Definition
This item represents the aggregate carrying amount of all cost-method investments as reported on or included in the balance sheet. The original cost of the investments may differ from the aggregate carrying amount disclosed due to various adjustments such as: (i) dividends received in excess of earnings after the date of investment that are considered a return of investment and therefore recorded as reductions to cost of the investment, or (ii) a series of operating losses of an investee or other factors which may indicate that a decrease in value of the investment has occurred which is other than temporary and accordingly such decrease in value has been recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The percentage of ownership of common stock or equity participation in the investee accounted for under the equity method of accounting. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
This item represents the carrying amount on the entity's balance sheet of its investment in common stock of an equity method investee. This is not an indicator of the fair value of the investment, rather it is the initial cost adjusted for the entity's share of earnings and losses of the investee, adjusted for any distributions (dividends) and other than temporary impairment (OTTI) losses recognized. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
Total investments in (A) an entity in which the entity has significant influence, but does not have control, (B) subsidiaries that are not required to be consolidated and are accounted for using the equity and or cost method, and (C) an entity in which the reporting entity shares control of the entity with another party or group. Includes long-term advances receivable from a party that is affiliated with the reporting entity by means of direct or indirect ownership. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Details
|
|
Summarized Financial Information for GETRAG Corporation (Detail) (GETRAG entities, USD $)
In Millions, unless otherwise specified |
9 Months Ended | |
|---|---|---|
|
Sep. 30, 2011
|
Sep. 30, 2010
|
|
|
GETRAG entities
|
||
| Schedule of Equity Method Investments [Line Items] | ||
| Sales | $ 335 | $ 282 |
| Gross profit | 48 | 37 |
| Pre-tax income | 18 | 12 |
| Net income | 11 | 6 |
| Parent company equity earnings in affiliate | $ 5 | $ 3 |
| X | ||||||||||
|
- Definition
The entity's share of the net income (loss) of its investee. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of income (loss) before income taxes reported by an equity method investment of the entity. No definition available.
|
| X | ||||||||||
|
- Definition
The amount of gross profit (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of net income (loss) reported by an equity method investment of the entity. Reference 1: http://www.xbrl.org/2003/role/presentationRef
|
| X | ||||||||||
|
- Definition
The amount of revenue from sale of goods and services reduced by sales returns, allowances, and discounts reported by an equity method investment of the entity. No definition available.
|
| X | ||||||||||
|
- Details
|