$ALSN
Allison Transmission Holdings Inc

2022 Q3 Form 10-Q Financial Statement

#000095017022014503 Filed on August 04, 2022

View on sec.gov

Income Statement

Concept 2022 Q3 2022 Q2 2022 Q1
Revenue $710.0M $664.0M $677.0M
YoY Change 25.22% 10.12% 15.14%
Cost Of Revenue $382.0M $353.0M $357.0M
YoY Change 24.43% 12.06% 20.2%
Gross Profit $328.0M $311.0M $320.0M
YoY Change 26.15% 7.99% 9.97%
Gross Profit Margin 46.2% 46.84% 47.27%
Selling, General & Admin $78.00M $78.00M $75.00M
YoY Change 6.85% -2.5% 2.74%
% of Gross Profit 23.78% 25.08% 23.44%
Research & Development $47.00M $46.00M $43.00M
YoY Change 11.9% 12.2% 13.16%
% of Gross Profit 14.33% 14.79% 13.44%
Depreciation & Amortization $41.00M $38.00M $27.00M
YoY Change 7.89% 2.7% 8.0%
% of Gross Profit 12.5% 12.22% 8.44%
Operating Expenses $125.0M $124.0M $118.0M
YoY Change 8.7% 2.48% 6.31%
Operating Profit $203.0M $187.0M $202.0M
YoY Change 40.0% 11.98% 12.22%
Interest Expense -$40.00M -$28.00M -$38.00M
YoY Change 66.67% -3.45% 26.67%
% of Operating Profit -19.7% -14.97% -18.81%
Other Income/Expense, Net -$15.00M -$3.000M -$10.00M
YoY Change -850.0% -200.0% -433.33%
Pretax Income $159.0M $154.0M $163.0M
YoY Change 28.23% 10.0% 5.84%
Income Tax $20.00M $32.00M $34.00M
% Of Pretax Income 12.58% 20.78% 20.86%
Net Earnings $139.0M $122.0M $129.0M
YoY Change 47.87% 10.91% 7.5%
Net Earnings / Revenue 19.58% 18.37% 19.05%
Basic Earnings Per Share $1.46 $1.26 $1.32
Diluted Earnings Per Share $1.45 $1.26 $1.30
COMMON SHARES
Basic Shares Outstanding 96.24M 97.00M 98.00M
Diluted Shares Outstanding 96.00M 97.00M 99.00M

Balance Sheet

Concept 2022 Q3 2022 Q2 2022 Q1
SHORT-TERM ASSETS
Cash & Short-Term Investments $202.0M $155.0M $176.0M
YoY Change -22.61% -34.87% -40.34%
Cash & Equivalents $180.0M $122.0M $145.0M
Short-Term Investments $22.00M $33.00M $31.00M
Other Short-Term Assets $61.00M $52.00M $47.00M
YoY Change -18.67% -5.45% 17.5%
Inventory $223.0M $228.0M $210.0M
Prepaid Expenses
Receivables $374.0M $363.0M $343.0M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $838.0M $765.0M $745.0M
YoY Change 3.46% -4.14% -9.15%
LONG-TERM ASSETS
Property, Plant & Equipment $711.0M $705.0M $708.0M
YoY Change 4.41% 6.02% 9.94%
Goodwill $2.074B $2.076B $2.077B
YoY Change 0.48% 0.58%
Intangibles $889.0M $901.0M $913.0M
YoY Change -4.2% -4.15%
Long-Term Investments $22.00M $33.00M $31.00M
YoY Change
Other Assets $59.00M $54.00M $53.00M
YoY Change 9.26% -1.82% -3.64%
Total Long-Term Assets $3.755B $3.769B $3.782B
YoY Change 0.75% 1.21% 1.83%
TOTAL ASSETS
Total Short-Term Assets $838.0M $765.0M $745.0M
Total Long-Term Assets $3.755B $3.769B $3.782B
Total Assets $4.593B $4.534B $4.527B
YoY Change 1.23% 0.27% -0.15%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $227.0M $198.0M $228.0M
YoY Change 31.98% 18.56% 36.53%
Accrued Expenses $136.0M $123.0M $115.0M
YoY Change -11.11% -15.75% -5.74%
Deferred Revenue $39.00M $39.00M $35.00M
YoY Change 5.41% 0.0% 0.0%
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $6.000M $6.000M $6.000M
YoY Change 0.0% 0.0% 0.0%
Total Short-Term Liabilities $487.0M $431.0M $489.0M
YoY Change 8.71% 0.47% 16.99%
LONG-TERM LIABILITIES
Long-Term Debt $2.502B $2.502B $2.503B
YoY Change -0.08% -0.12% -0.12%
Other Long-Term Liabilities $202.0M $201.0M $211.0M
YoY Change -45.7% -47.52% -45.48%
Total Long-Term Liabilities $2.704B $2.703B $2.714B
YoY Change 7.99% 7.9% -6.19%
TOTAL LIABILITIES
Total Short-Term Liabilities $487.0M $431.0M $489.0M
Total Long-Term Liabilities $2.704B $2.703B $2.714B
Total Liabilities $3.831B $3.785B $3.848B
YoY Change 0.03% -0.13% 2.07%
SHAREHOLDERS EQUITY
Retained Earnings -$1.021B -$1.031B -$1.098B
YoY Change
Common Stock $1.843B $1.839B $1.832B
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $762.0M $749.0M $679.0M
YoY Change
Total Liabilities & Shareholders Equity $4.593B $4.534B $4.527B
YoY Change 1.23% 0.27% -0.15%

Cashflow Statement

Concept 2022 Q3 2022 Q2 2022 Q1
OPERATING ACTIVITIES
Net Income $139.0M $122.0M $129.0M
YoY Change 47.87% 10.91% 7.5%
Depreciation, Depletion And Amortization $41.00M $38.00M $27.00M
YoY Change 7.89% 2.7% 8.0%
Cash From Operating Activities $204.0M $66.00M $163.0M
YoY Change 4.08% -53.85% 24.43%
INVESTING ACTIVITIES
Capital Expenditures -$25.00M -$30.00M $20.00M
YoY Change -41.86% -37.5% -16.67%
Acquisitions
YoY Change
Other Investing Activities -$75.00M $0.00 -$18.00M
YoY Change 971.43%
Cash From Investing Activities -$25.00M -$30.00M -$38.00M
YoY Change -50.0% -37.5% 58.33%
FINANCING ACTIVITIES
Cash Dividend Paid $20.00M
YoY Change -4.76%
Common Stock Issuance & Retirement, Net $81.00M
YoY Change -15.63%
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -123.0M -56.00M -106.0M
YoY Change 0.82% -63.4% -12.4%
NET CHANGE
Cash From Operating Activities 204.0M 66.00M 163.0M
Cash From Investing Activities -25.00M -30.00M -38.00M
Cash From Financing Activities -123.0M -56.00M -106.0M
Net Change In Cash 56.00M -20.00M 18.00M
YoY Change 133.33% -65.52% -220.0%
FREE CASH FLOW
Cash From Operating Activities $204.0M $66.00M $163.0M
Capital Expenditures -$25.00M -$30.00M $20.00M
Free Cash Flow $229.0M $96.00M $143.0M
YoY Change -4.18% -49.74% 33.64%

Facts In Submission

Frame Concept Type Concept / XBRL Key Value Unit
CY2021Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
3000000
CY2022Q2 us-gaap Operating Lease Liability Statement Of Financial Position Extensible List
OperatingLeaseLiabilityStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilities
CY2022Q2 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2022Q3 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
96244657
CY2022Q2 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
122000000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent Statement Of Financial Position Extensible List
OperatingLeaseLiabilityNoncurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesNoncurrent
CY2021Q4 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q2
CY2022Q2 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesCurrent
dei Entity Central Index Key
EntityCentralIndexKey
0001411207
CY2022Q2 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#PropertyPlantAndEquipmentNet
CY2021Q4 us-gaap Operating Lease Right Of Use Asset Statement Of Financial Position Extensible List
OperatingLeaseRightOfUseAssetStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#PropertyPlantAndEquipmentNet
dei Amendment Flag
AmendmentFlag
false
CY2021Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
127000000
CY2022Q2 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
5000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.07
CY2021Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
53000000
CY2021Q4 us-gaap Operating Lease Liability Current Statement Of Financial Position Extensible List
OperatingLeaseLiabilityCurrentStatementOfFinancialPositionExtensibleList
http://fasb.org/us-gaap/2021-01-31#OtherLiabilitiesCurrent
CY2022Q2 us-gaap Commitments And Contingencies
CommitmentsAndContingencies
dei Document Type
DocumentType
10-Q
dei Document Quarterly Report
DocumentQuarterlyReport
true
dei Document Period End Date
DocumentPeriodEndDate
2022-06-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2022
dei Document Transition Report
DocumentTransitionReport
false
dei Entity File Number
EntityFileNumber
001-35456
dei Entity Registrant Name
EntityRegistrantName
ALLISON TRANSMISSION HOLDINGS, INC.
dei Entity Incorporation State Country Code
EntityIncorporationStateCountryCode
DE
dei Entity Tax Identification Number
EntityTaxIdentificationNumber
26-0414014
dei Entity Address Address Line1
EntityAddressAddressLine1
One Allison Way
dei Entity Address City Or Town
EntityAddressCityOrTown
Indianapolis
dei Entity Address State Or Province
EntityAddressStateOrProvince
IN
dei Entity Address Postal Zip Code
EntityAddressPostalZipCode
46222
dei City Area Code
CityAreaCode
317
dei Local Phone Number
LocalPhoneNumber
242-5000
dei Security12b Title
Security12bTitle
Common stock, $0.01 par value
dei Trading Symbol
TradingSymbol
ALSN
dei Security Exchange Name
SecurityExchangeName
NYSE
dei Entity Current Reporting Status
EntityCurrentReportingStatus
Yes
dei Entity Interactive Data Current
EntityInteractiveDataCurrent
Yes
dei Entity Filer Category
EntityFilerCategory
Large Accelerated Filer
dei Entity Small Business
EntitySmallBusiness
false
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Shell Company
EntityShellCompany
false
CY2022Q2 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
363000000
CY2021Q4 us-gaap Accounts Receivable Net Current
AccountsReceivableNetCurrent
301000000
CY2022Q2 us-gaap Inventory Net
InventoryNet
228000000
CY2021Q4 us-gaap Inventory Net
InventoryNet
204000000
CY2022Q2 us-gaap Other Assets Current
OtherAssetsCurrent
52000000
CY2021Q4 us-gaap Other Assets Current
OtherAssetsCurrent
39000000
CY2022Q2 us-gaap Assets Current
AssetsCurrent
765000000
CY2021Q4 us-gaap Assets Current
AssetsCurrent
671000000
CY2022Q2 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
705000000
CY2021Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
706000000
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
901000000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
917000000
CY2022Q2 us-gaap Goodwill
Goodwill
2076000000
CY2021Q4 us-gaap Goodwill
Goodwill
2064000000
CY2022Q2 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
33000000
CY2021Q4 us-gaap Marketable Securities Noncurrent
MarketableSecuritiesNoncurrent
46000000
CY2022Q2 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
54000000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2502000000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2504000000
CY2022Q2 us-gaap Assets
Assets
4534000000
CY2021Q4 us-gaap Assets
Assets
4457000000
CY2022Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
25000000
CY2021Q4 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
20000000
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
96000000
CY2021Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
99000000
CY2022Q2 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
603000000
CY2022Q2 us-gaap Accounts Payable Current
AccountsPayableCurrent
198000000
CY2021Q4 us-gaap Accounts Payable Current
AccountsPayableCurrent
179000000
CY2022Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
28000000
CY2021Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
33000000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
6000000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6000000
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
39000000
CY2021Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
37000000
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
160000000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
204000000
CY2022Q2 us-gaap Liabilities Current
LiabilitiesCurrent
431000000
CY2021Q4 us-gaap Liabilities Current
LiabilitiesCurrent
459000000
CY2022Q2 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
530000000
CY2021Q4 us-gaap Deferred Income Tax Liabilities Net
DeferredIncomeTaxLiabilitiesNet
514000000
CY2022Q2 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
201000000
CY2021Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
227000000
CY2022Q2 us-gaap Liabilities
Liabilities
3785000000
CY2021Q4 us-gaap Liabilities
Liabilities
3823000000
CY2021Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2022Q2 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.01
CY2021Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2022Q2 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
100000000
CY2021Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
0
CY2022Q2 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2021Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0
CY2022Q2 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2021Q4 us-gaap Preferred Stock Value
PreferredStockValue
0
CY2022Q2 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1839000000
CY2021Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1832000000
CY2022Q2 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1031000000
CY2021Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
-1126000000
CY2022Q2 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-60000000
CY2021Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-73000000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
749000000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
634000000
CY2022Q2 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4534000000
CY2021Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
4457000000
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
664000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
89000000
us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
79000000
CY2022Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
187000000
CY2021Q2 us-gaap Operating Income Loss
OperatingIncomeLoss
167000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1341000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1191000000
CY2022Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
46000000
CY2021Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
140000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
317000000
CY2022Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
118000000
CY2021Q2 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
41000000
CY2022Q2 us-gaap Cost Of Revenue
CostOfRevenue
353000000
CY2021Q2 us-gaap Cost Of Revenue
CostOfRevenue
315000000
us-gaap Cost Of Revenue
CostOfRevenue
710000000
us-gaap Cost Of Revenue
CostOfRevenue
612000000
CY2022Q2 us-gaap Gross Profit
GrossProfit
311000000
CY2021Q2 us-gaap Gross Profit
GrossProfit
288000000
us-gaap Gross Profit
GrossProfit
631000000
us-gaap Gross Profit
GrossProfit
579000000
CY2022Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
78000000
CY2021Q2 us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
80000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
153000000
us-gaap Selling General And Administrative Expense
SellingGeneralAndAdministrativeExpense
153000000
us-gaap Operating Income Loss
OperatingIncomeLoss
389000000
us-gaap Operating Income Loss
OperatingIncomeLoss
347000000
CY2022Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-30000000
CY2021Q2 us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-30000000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-59000000
us-gaap Interest Income Expense Net
InterestIncomeExpenseNet
-59000000
CY2022Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-3000000
CY2021Q2 us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
3000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
-13000000
us-gaap Other Nonoperating Income Expense
OtherNonoperatingIncomeExpense
6000000
CY2022Q2 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
154000000
us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
294000000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32000000
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
122000000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
110000000
us-gaap Net Income Loss
NetIncomeLoss
251000000
us-gaap Net Income Loss
NetIncomeLoss
230000000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.59
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.09
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4000000
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.56
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
271000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
50000000
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
69000000
us-gaap Payment For Contingent Consideration Liability Financing Activities
PaymentForContingentConsiderationLiabilityFinancingActivities
3000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-162000000
CY2021Q2 us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
113000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
264000000
us-gaap Comprehensive Income Net Of Tax
ComprehensiveIncomeNetOfTax
236000000
us-gaap Net Income Loss
NetIncomeLoss
251000000
us-gaap Net Income Loss
NetIncomeLoss
230000000
us-gaap Depreciation
Depreciation
53000000
us-gaap Depreciation
Depreciation
51000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23000000
us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
23000000
us-gaap Marketable Securities Unrealized Gain Loss
MarketableSecuritiesUnrealizedGainLoss
-11000000
us-gaap Share Based Compensation
ShareBasedCompensation
9000000
us-gaap Share Based Compensation
ShareBasedCompensation
8000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
9000000
us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
29000000
alsn Technology Related Investments Gain
TechnologyRelatedInvestmentsGain
6000000
alsn Gain Loss On Intercompany Foreign Exchange
GainLossOnIntercompanyForeignExchange
-3000000
alsn Gain Loss On Intercompany Foreign Exchange
GainLossOnIntercompanyForeignExchange
-1000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-5000000
us-gaap Other Noncash Income Expense
OtherNoncashIncomeExpense
-1000000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
70000000
us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
73000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
29000000
us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
26000000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
17000000
us-gaap Increase Decrease In Accounts Payable
IncreaseDecreaseInAccountsPayable
2000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
47000000
us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-25000000
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
229000000
us-gaap Payments To Acquire Businesses Gross
PaymentsToAcquireBusinessesGross
23000000
alsn Proceeds From Technology Related Investments
ProceedsFromTechnologyRelatedInvestments
-6000000
us-gaap Payments To Acquire Equity Method Investments
PaymentsToAcquireEquityMethodInvestments
1000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-68000000
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-69000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
115000000
us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
226000000
us-gaap Proceeds From Long Term Lines Of Credit
ProceedsFromLongTermLinesOfCredit
95000000
us-gaap Repayments Of Long Term Lines Of Credit
RepaymentsOfLongTermLinesOfCredit
95000000
us-gaap Payments Of Dividends
PaymentsOfDividends
41000000
us-gaap Payments Of Dividends
PaymentsOfDividends
42000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
4000000
us-gaap Payments Related To Tax Withholding For Share Based Compensation
PaymentsRelatedToTaxWithholdingForShareBasedCompensation
3000000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
3000000
us-gaap Repayments Of Senior Debt
RepaymentsOfSeniorDebt
3000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
1000000
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
3000000
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-274000000
us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-4000000
CY2020Q4 us-gaap Stockholders Equity
StockholdersEquity
756000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
8000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-5000000
us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-72000000
CY2021Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
127000000
CY2021Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000000
CY2021Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
130000000
CY2021Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
21000000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
110000000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
732000000
CY2022Q1 us-gaap Stockholders Equity
StockholdersEquity
679000000
CY2022Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
6000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2000000
CY2022Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8000000
CY2022Q2 alsn Other Comprehensive Income Loss Available For Sale Securities And Derivatives Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndDerivativesAdjustmentNetOfTax
6000000
CY2022Q2 us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
1000000
CY2022Q2 us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
34000000
CY2022Q2 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
21000000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
122000000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
749000000
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
310000000
CY2022Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
122000000
CY2021Q2 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
238000000
us-gaap Interest Paid Net
InterestPaidNet
57000000
us-gaap Interest Paid Net
InterestPaidNet
38000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
59000000
us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
45000000
CY2021Q1 us-gaap Stockholders Equity
StockholdersEquity
764000000
CY2021Q2 us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
5000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
2000000
CY2021Q2 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
4000000
CY2021Q2 alsn Other Comprehensive Income Loss Available For Sale Securities And Derivatives Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndDerivativesAdjustmentNetOfTax
1000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-2000000
alsn Other Comprehensive Income Loss Available For Sale Securities And Derivatives Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndDerivativesAdjustmentNetOfTax
12000000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
226000000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
42000000
us-gaap Net Income Loss
NetIncomeLoss
230000000
CY2021Q2 us-gaap Stockholders Equity
StockholdersEquity
732000000
CY2021Q4 us-gaap Stockholders Equity
StockholdersEquity
634000000
us-gaap Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value
AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue
9000000
us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
4000000
us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-8000000
alsn Other Comprehensive Income Loss Available For Sale Securities And Derivatives Adjustment Net Of Tax
OtherComprehensiveIncomeLossAvailableForSaleSecuritiesAndDerivativesAdjustmentNetOfTax
25000000
us-gaap Stock Issued During Period Value New Issues
StockIssuedDuringPeriodValueNewIssues
-2000000
us-gaap Stock Repurchased And Retired During Period Value
StockRepurchasedAndRetiredDuringPeriodValue
115000000
us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
41000000
us-gaap Net Income Loss
NetIncomeLoss
251000000
CY2022Q2 us-gaap Stockholders Equity
StockholdersEquity
749000000
us-gaap Number Of Reportable Segments
NumberOfReportableSegments
1
CY2022Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
664000000
us-gaap Nature Of Operations
NatureOfOperations
<p style="text-indent:0.0%;font-size:10.0pt;margin-top:18.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Arial;min-width:fit-content;">NOTE A. OVERVIEW</span></p><p style="text-indent:2.267%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Arial;font-style:italic;min-width:fit-content;">Overview</span></p><p style="text-indent:4.44%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">Allison Transmission Holdings, Inc. and its subsidiaries (“Allison” or the “Company”) design and manufacture vehicle propulsion solutions, including commercial-duty on-highway, off-highway and defense fully automatic transmissions and electric hybrid and fully electric systems. The business was founded in 1915 and has been headquartered in Indianapolis, Indiana since inception. Allison is traded on the New York Stock Exchange under the symbol, “ALSN”.</span></p><p style="text-indent:4.44%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">Although approximately </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">76</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">% of revenues were generated in North America in 2021, the Company has a global presence by serving customers in Asia, Europe, South America and Africa. The Company serves customers through an independent network of approximately </span><span style="font-size:10.0pt;font-family:Arial;background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">1,400</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;"> independent distributor and dealer locations worldwide.</span></p><p style="text-indent:4.44%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">During the first half of 2022, global markets continued to experience supply chain, labor and raw material constraints, as a result of factors including the COVID-19 pandemic and the war in Ukraine, that created volatility in the Company's performance. As a result, the Company experienced, and expects to continue to experience, raw material and component part price inflation, increased freight and logistics costs, increased labor costs as a result of labor shortages and increased foreign exchange volatility. In addition, despite increased customer demand, the Company's net sales for the first half of 2022 were negatively impacted as a result of its customers’ inability to secure components from the broader commercial vehicle supply base which resulted in reduced commercial vehicle build schedules. The Company expects that commercial vehicle build schedules will continue to be negatively impacted by the availability of components throughout the remainder of 2022.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;"> </span></p><p style="text-indent:4.44%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">To limit the spread of variants and sub-variants of COVID-19, governments have taken, and may in the future take, various actions that have impacted, and may continue to impact, the Company's employees, operations, customers and supply base, including the administration or mandate of vaccinations, travel bans and restrictions, quarantines, curfews, stay-at-home orders, social distancing guidelines and business shutdowns and closures.</span><span style="color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;"> </span></p>
CY2022Q2 alsn Worldwide Independent Distributor And Dealer Locations
WorldwideIndependentDistributorAndDealerLocations
1400
CY2021Q4 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
44000000
CY2022Q2 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
63000000
CY2021Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
917000000
us-gaap Use Of Estimates
UseOfEstimates
<p style="text-indent:2.267%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:bold;font-size:10.0pt;font-family:Arial;font-style:italic;min-width:fit-content;">Use of Estimates</span></p><p style="text-indent:4.4%;font-size:10.0pt;margin-top:6.0pt;line-height:1.38;font-family:Times New Roman;margin-bottom:0.0pt;text-align:left;"><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">The preparation of financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities and the reported amounts of revenue and expenses. Estimates include, but are not limited to, sales allowances, government price adjustments, fair market values and future cash flows associated with goodwill, indefinite life intangibles, definite life intangibles, long-lived asset impairment tests, useful lives for depreciation and amortization, warranty liabilities, core deposit liabilities, environmental liabilities, determination of discount rate and other assumptions for pension and other post-retirement benefit ("OPEB") expense, determination of discount rate and period for leases, income taxes and deferred tax valuation allowances, derivative valuation, assumptions for business combinations and contingencies. The Company’s accounting policies involve the application of judgments and assumptions made by management that include inherent risks and uncertainties. Due to the uncertainty surrounding global economic conditions, including as a result of the ongoing COVID-19 pandemic and the war in Ukraine, and the related impact on our supply chain, demand for our products, foreign exchange rates and the cost and availability of raw materials, labor, and transport, actual results could differ materially from these estimates and assum</span><span style="background-color:rgba(0,0,0,0);color:rgba(0,0,0,1);white-space:pre-wrap;font-weight:normal;font-size:10.0pt;font-family:Arial;min-width:fit-content;">ptions used in preparation of the financial statements including, but not limited to, future cash flows associated with goodwill, indefinite life intangibles, definite life intangibles, long-lived impairment tests, determination of discount rate and other assumptions for pension and OPEB expense and income taxes. Changes in estimates are recorded in results of operations in the period that the events or circumstances giving rise to such changes occur.</span></p>
CY2022Q2 alsn Revenue Adjustments To Variable Consideration Constraint
RevenueAdjustmentsToVariableConsiderationConstraint
0
alsn Revenue Adjustments To Variable Consideration Constraint
RevenueAdjustmentsToVariableConsiderationConstraint
0
CY2021Q2 alsn Revenue Adjustments To Variable Consideration Constraint
RevenueAdjustmentsToVariableConsiderationConstraint
0
alsn Revenue Adjustments To Variable Consideration Constraint
RevenueAdjustmentsToVariableConsiderationConstraint
0
alsn Product Sales Credit Term
ProductSalesCreditTerm
P30D
CY2022Q2 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
CY2021Q4 us-gaap Contract With Customer Asset Net
ContractWithCustomerAssetNet
0
us-gaap Number Of Operating Segments
NumberOfOperatingSegments
1
CY2022Q2 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
901000000
CY2021Q4 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2195000000
CY2021Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1278000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
5000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
2000000
CY2021Q2 us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
603000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1341000000
us-gaap Revenue From Contract With Customer Excluding Assessed Tax
RevenueFromContractWithCustomerExcludingAssessedTax
1191000000
CY2022Q2 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
108000000
CY2021Q4 us-gaap Inventory Parts And Components Net Of Reserves
InventoryPartsAndComponentsNetOfReserves
101000000
CY2022Q2 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
12000000
CY2021Q4 us-gaap Inventory Work In Process Net Of Reserves
InventoryWorkInProcessNetOfReserves
8000000
CY2022Q2 us-gaap Other Inventory Net Of Reserves
OtherInventoryNetOfReserves
45000000
CY2021Q4 us-gaap Inventory Finished Goods Net Of Reserves
InventoryFinishedGoodsNetOfReserves
51000000
CY2022Q2 us-gaap Inventory Net
InventoryNet
228000000
CY2021Q4 us-gaap Inventory Net
InventoryNet
204000000
CY2022Q2 us-gaap Goodwill
Goodwill
2076000000
CY2021Q4 us-gaap Goodwill
Goodwill
2064000000
CY2022Q2 us-gaap Intangible Assets Gross Excluding Goodwill
IntangibleAssetsGrossExcludingGoodwill
2202000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
1301000000
CY2022Q2 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2977000000
CY2021Q4 us-gaap Intangible Assets Net Including Goodwill
IntangibleAssetsNetIncludingGoodwill
2981000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
45000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
9000000
CY2021Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
31000000
CY2021Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2504000000
CY2022Q2 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
1000000
CY2021Q4 us-gaap Goodwill
Goodwill
2064000000
us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
13000000
us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-1000000
us-gaap Goodwill Period Increase Decrease
GoodwillPeriodIncreaseDecrease
12000000
CY2022Q2 us-gaap Goodwill
Goodwill
2076000000
alsn Fair Value Measurement Guidance And Hierarchy Levels Description
FairValueMeasurementGuidanceAndHierarchyLevelsDescription
In accordance with the FASB’s authoritative accounting guidance on fair value measurements, fair value is the price (exit price) that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The Company utilizes market data or assumptions that market participants would use in pricing the asset or liability, including assumptions about risk and the risks inherent in the inputs to the valuation technique. These inputs can be readily observable, market corroborated, or generally unobservable. The Company primarily applies the market approach for recurring fair value measurements and utilizes the best available information that maximizes the use of observable inputs and minimizes the use of unobservable inputs. The Company is able to classify fair value balances based on the observability of those inputs. The accounting guidance establishes a fair value hierarchy that prioritizes the inputs used to measure fair value. The hierarchy gives the highest priority to unadjusted quoted prices in active markets for identical assets or liabilities (Level 1 measurement) and the lowest priority to unobservable inputs (Level 3 measurement). The three levels of the fair value hierarchy defined by the relevant guidance are as follows:Level 1 — Quoted prices are available in active markets for identical assets or liabilities as of the reporting date. Active markets are those in which transactions for the asset or liability occur in sufficient frequency and volume to provide pricing information on an ongoing basis. Level 1 primarily consists of financial instruments such as exchange-traded derivatives, listed equities and publicly traded bonds.Level 2 — Pricing inputs are other than quoted prices in active markets included in Level 1, which are either directly or indirectly observable as of the reported date. Level 2 includes financial instruments that are valued using quoted prices in markets that are not active and those financial instruments that are valued using models or other valuation methodologies. These models are primarily industry standard models that consider various assumptions, including quoted forward prices for commodities, time value, volatility factors, and current market and contractual prices for the underlying instruments, as well as other relevant economic measures. Substantially all of these assumptions are observable in the marketplace throughout the full term of the instrument, can be derived from observable data or are supported by observable levels at which transactions are executed in the marketplace.Level 3 — Pricing inputs include significant inputs that are generally less observable from objective sources. These inputs may be used with internally developed methodologies that result in management’s best estimate of fair value. At each balance sheet date, the Company performs an analysis of all instruments subject to authoritative accounting guidance and includes, in Level 3, all of those whose fair value is based on significant unobservable inputs. As of June 30, 2022 and December 31, 2021, the Company did not have any Level 3 financial assets or liabilities.
CY2022Q2 us-gaap Marketable Securities
MarketableSecurities
33000000
CY2021Q4 us-gaap Marketable Securities
MarketableSecurities
46000000
CY2022Q2 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
20000000
CY2021Q4 us-gaap Cash And Cash Equivalents Fair Value Disclosure
CashAndCashEquivalentsFairValueDisclosure
0
CY2022Q2 us-gaap Assets Held In Trust
AssetsHeldInTrust
16000000
CY2021Q4 us-gaap Assets Held In Trust
AssetsHeldInTrust
19000000
CY2022Q2 us-gaap Deferred Compensation Cashbased Arrangements Liability Current And Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent
16000000
CY2021Q4 us-gaap Deferred Compensation Cashbased Arrangements Liability Current And Noncurrent
DeferredCompensationCashbasedArrangementsLiabilityCurrentAndNoncurrent
19000000
CY2022Q2 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
55000000
CY2021Q4 us-gaap Fair Value Net Asset Liability
FairValueNetAssetLiability
15000000
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
2528000000
CY2021Q4 us-gaap Long Term Debt
LongTermDebt
2531000000
CY2022Q2 us-gaap Long Term Debt Current
LongTermDebtCurrent
6000000
CY2021Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
6000000
CY2022Q2 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
20000000
CY2021Q4 us-gaap Deferred Finance Costs Net
DeferredFinanceCostsNet
21000000
CY2022Q2 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
2502000000
CY2021Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
29000000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
6000000
CY2022Q2 us-gaap Long Term Debt
LongTermDebt
2528000000
CY2022Q2 us-gaap Long Term Debt Fair Value
LongTermDebtFairValue
2281000000
us-gaap Derivative Description Of Terms
DerivativeDescriptionOfTerms
The Company is subject to interest rate risk related to the Senior Secured Credit Facility and enters into interest rate swaps that are based on LIBOR to manage a portion of this exposure. The interest rate swaps are designated as cash flow hedges that qualify for hedge accounting under the hypothetical derivative method. Fair value adjustments are recorded as a component of Accumulated other comprehensive loss, net of tax (“AOCL”) in the Condensed Consolidated Balance Sheets. Balances in AOCL are reclassified to earnings when transactions related to the underlying risk are settled. As of June 30, 2022, the Company held interest rate swaps effective from September 2019 to September 2025 with notional values totaling $250 million and a weighted average LIBOR fixed rate of 3.04%, interest rate swaps effective from September 2019 to September 2022 with notional values totaling $250 million and a weighted average LIBOR fixed rate of 3.01% and interest rate swaps effective from September 2022 to September 2025 with notional values totaling $250 million and a weighted average LIBOR fixed rate of 2.82%. See "Note F. Fair Value of Financial Instruments” for information regarding the fair value of the Company’s interest rate swaps.
CY2022Q2 us-gaap Interest Rate Cash Flow Hedge Gain Loss To Be Reclassified During Next12 Months Net
InterestRateCashFlowHedgeGainLossToBeReclassifiedDuringNext12MonthsNet
2000000
CY2022Q2 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
28000000
CY2022Q2 us-gaap Product Warranty Accrual Noncurrent
ProductWarrantyAccrualNoncurrent
25000000
CY2022Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
53000000
CY2021Q1 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
62000000
CY2021Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
53000000
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
66000000
CY2022Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
8000000
CY2021Q2 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
8000000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
15000000
us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
16000000
CY2022Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
5000000
CY2021Q2 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
4000000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
9000000
us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
8000000
CY2022Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
3000000
CY2021Q2 us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
2000000
us-gaap Product Warranty Accrual Preexisting Increase Decrease
ProductWarrantyAccrualPreexistingIncreaseDecrease
2000000
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
53000000
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
60000000
CY2022Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
53000000
CY2021Q2 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
60000000
CY2022Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
39000000
CY2022Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
96000000
CY2021Q2 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
39000000
CY2021Q2 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
103000000
CY2021Q4 us-gaap Interest Payable Current
InterestPayableCurrent
24000000
CY2021Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P7Y1M6D
CY2022Q2 us-gaap Taxes Payable Current
TaxesPayableCurrent
17000000
CY2022Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
132000000
CY2021Q1 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
142000000
CY2021Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
136000000
CY2020Q4 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
143000000
CY2022Q2 alsn Contract With Customer Liability Increase
ContractWithCustomerLiabilityIncrease
13000000
CY2021Q2 alsn Contract With Customer Liability Increase
ContractWithCustomerLiabilityIncrease
9000000
alsn Contract With Customer Liability Increase
ContractWithCustomerLiabilityIncrease
20000000
alsn Contract With Customer Liability Increase
ContractWithCustomerLiabilityIncrease
16000000
CY2022Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
10000000
CY2021Q2 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
9000000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
21000000
us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
17000000
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
135000000
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
142000000
CY2022Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
135000000
CY2021Q2 us-gaap Contract With Customer Liability
ContractWithCustomerLiability
142000000
CY2022Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000
alsn Lessee Lease Description
LesseeLeaseDescription
Contracts are assessed by the Company to determine if the contract conveys the right to control an identified asset in exchange for consideration during a period of time. The Company classifies all identified leases as either operating or finance leases. As of June 30, 2022, the Company was not a party to any finance leases. Contracts that contain leases are assessed to determine if the consideration in the contract is related to a lease component, non-lease component or other components not related to the lease. Lease components are recorded as right-of-use (“ROU”) assets and lease liabilities while any non-lease component is expensed as incurred. The consideration in the contract related to other components not related to the lease is allocated among the lease component and the non-lease component, as applicable, based on the stand-alone selling price of the lease and non-lease components.
CY2022Q2 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0426
CY2021Q4 us-gaap Lessee Operating Lease Discount Rate
LesseeOperatingLeaseDiscountRate
0.0425
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4000000
CY2022Q2 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
11000000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4000000
CY2021Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
13000000
CY2022Q2 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y9M18D
CY2021Q4 alsn Sales Allowances
SalesAllowances
39000000
CY2022Q2 us-gaap Interest Payable Current
InterestPayableCurrent
24000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Remainder Of Fiscal Year
LesseeOperatingLeaseLiabilityPaymentsRemainderOfFiscalYear
2000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Next Twelve Months
LesseeOperatingLeaseLiabilityPaymentsDueNextTwelveMonths
4000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Two
LesseeOperatingLeaseLiabilityPaymentsDueYearTwo
2000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Three
LesseeOperatingLeaseLiabilityPaymentsDueYearThree
2000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due Year Four
LesseeOperatingLeaseLiabilityPaymentsDueYearFour
1000000
CY2022Q2 alsn Lessee Operating Lease Liability Payments Thereafter
LesseeOperatingLeaseLiabilityPaymentsThereafter
6000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Payments Due
LesseeOperatingLeaseLiabilityPaymentsDue
17000000
CY2022Q2 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
2000000
CY2022Q2 us-gaap Operating Lease Liability
OperatingLeaseLiability
15000000
CY2022Q2 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
160000000
CY2022Q2 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
16000000
CY2021Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
18000000
CY2021Q2 us-gaap Operating Lease Expense
OperatingLeaseExpense
2000000
us-gaap Operating Lease Expense
OperatingLeaseExpense
3000000
us-gaap Operating Lease Expense
OperatingLeaseExpense
3000000
us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
CY2022Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
CY2021Q2 us-gaap Short Term Lease Cost
ShortTermLeaseCost
0
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
0
us-gaap Right Of Use Asset Obtained In Exchange For Operating Lease Liability
RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability
1000000
CY2022Q2 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
48000000
CY2021Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
80000000
CY2022Q2 alsn Sales Allowances
SalesAllowances
33000000
CY2021Q4 us-gaap Other Liabilities Current
OtherLiabilitiesCurrent
204000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
64000000
CY2021Q4 us-gaap Taxes Payable Current
TaxesPayableCurrent
14000000
CY2022Q2 alsn Vendor Buyback Obligation
VendorBuybackObligation
15000000
CY2021Q4 alsn Vendor Buyback Obligation
VendorBuybackObligation
16000000
CY2022Q2 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
4000000
CY2021Q4 us-gaap Pension And Other Postretirement And Postemployment Benefit Plans Liabilities Current
PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesCurrent
4000000
CY2022Q2 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4000000
CY2021Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
4000000
CY2022Q2 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
1000000
CY2021Q4 us-gaap Derivative Liabilities Current
DerivativeLiabilitiesCurrent
10000000
CY2022Q2 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
14000000
CY2021Q4 us-gaap Other Sundry Liabilities Current
OtherSundryLiabilitiesCurrent
13000000
CY2021Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000
CY2022Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
32000000
us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
66000000
CY2022Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
CY2021Q2 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
30000000
CY2021Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.01
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.59
CY2022Q2 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
2000000
us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
1000000
CY2021Q2 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.21
us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.22
us-gaap Valuation Allowance Methodologies And Assumptions
ValuationAllowanceMethodologiesAndAssumptions
The need to establish a valuation allowance against the deferred tax assets is assessed periodically based on a more-likely-than-not realization threshold, in accordance with authoritative accounting guidance. Appropriate consideration is given to all positive and negative evidence related to that realization. This assessment considers, among other matters, the nature, frequency and severity of recent losses, forecasts of future profitability, the duration of statutory carry-forward periods, experience with tax attributes expiring unused, and tax planning alternatives. The weight given to these considerations depends upon the degree to which they can be objectively verified.
us-gaap Income Tax Examination Description
IncomeTaxExaminationDescription
In accordance with the FASB’s authoritative guidance on accounting for income taxes, the Company has recorded a liability for unrecognized tax benefits related to a 2010 Research and Development Credit as of June 30, 2022 and December 31, 2021. The accounting guidance prescribes a recognition threshold and measurement attributes for the financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. The Company's returns will remain subject to examination by various taxing authorities for the duration of the applicable statute of limitations (generally three years from the later of the date of filing or the due date of the return).
CY2022Q2 us-gaap Accrual For Environmental Loss Contingencies
AccrualForEnvironmentalLossContingencies
3000000
CY2022Q2 us-gaap Net Income Loss
NetIncomeLoss
122000000
CY2021Q2 us-gaap Net Income Loss
NetIncomeLoss
110000000
us-gaap Net Income Loss
NetIncomeLoss
251000000
us-gaap Net Income Loss
NetIncomeLoss
230000000
CY2022Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97000000
CY2021Q2 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
109000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
97000000
us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
110000000
CY2022Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
CY2021Q2 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
0
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000
us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000
CY2022Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
97000000
CY2021Q2 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
109000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
98000000
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
111000000
CY2022Q2 us-gaap Earnings Per Share Basic
EarningsPerShareBasic
1.26
us-gaap Earnings Per Share Basic
EarningsPerShareBasic
2.09
CY2022Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.26
CY2021Q2 us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
1.01
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.56
us-gaap Earnings Per Share Diluted
EarningsPerShareDiluted
2.07

Files In Submission

Name View Source Status
0000950170-22-014503-index-headers.html Edgar Link pending
0000950170-22-014503-index.html Edgar Link pending
0000950170-22-014503.txt Edgar Link pending
0000950170-22-014503-xbrl.zip Edgar Link pending
alsn-20220630.htm Edgar Link pending
alsn-20220630.xsd Edgar Link pending
alsn-20220630_cal.xml Edgar Link unprocessable
alsn-20220630_def.xml Edgar Link unprocessable
alsn-20220630_htm.xml Edgar Link completed
alsn-20220630_lab.xml Edgar Link unprocessable
alsn-20220630_pre.xml Edgar Link unprocessable
alsn-ex10_1.htm Edgar Link pending
alsn-ex31_1.htm Edgar Link pending
alsn-ex31_2.htm Edgar Link pending
alsn-ex32_1.htm Edgar Link pending
FilingSummary.xml Edgar Link unprocessable
Financial_Report.xlsx Edgar Link pending
img104402696_0.jpg Edgar Link pending
MetaLinks.json Edgar Link pending
R1.htm Edgar Link pending
R10.htm Edgar Link pending
R11.htm Edgar Link pending
R12.htm Edgar Link pending
R13.htm Edgar Link pending
R14.htm Edgar Link pending
R15.htm Edgar Link pending
R16.htm Edgar Link pending
R17.htm Edgar Link pending
R18.htm Edgar Link pending
R19.htm Edgar Link pending
R2.htm Edgar Link pending
R20.htm Edgar Link pending
R21.htm Edgar Link pending
R22.htm Edgar Link pending
R23.htm Edgar Link pending
R24.htm Edgar Link pending
R25.htm Edgar Link pending
R26.htm Edgar Link pending
R27.htm Edgar Link pending
R28.htm Edgar Link pending
R29.htm Edgar Link pending
R3.htm Edgar Link pending
R30.htm Edgar Link pending
R31.htm Edgar Link pending
R32.htm Edgar Link pending
R33.htm Edgar Link pending
R34.htm Edgar Link pending
R35.htm Edgar Link pending
R36.htm Edgar Link pending
R37.htm Edgar Link pending
R38.htm Edgar Link pending
R39.htm Edgar Link pending
R4.htm Edgar Link pending
R40.htm Edgar Link pending
R41.htm Edgar Link pending
R42.htm Edgar Link pending
R43.htm Edgar Link pending
R44.htm Edgar Link pending
R45.htm Edgar Link pending
R46.htm Edgar Link pending
R47.htm Edgar Link pending
R48.htm Edgar Link pending
R49.htm Edgar Link pending
R5.htm Edgar Link pending
R50.htm Edgar Link pending
R51.htm Edgar Link pending
R52.htm Edgar Link pending
R53.htm Edgar Link pending
R54.htm Edgar Link pending
R55.htm Edgar Link pending
R56.htm Edgar Link pending
R57.htm Edgar Link pending
R58.htm Edgar Link pending
R59.htm Edgar Link pending
R6.htm Edgar Link pending
R60.htm Edgar Link pending
R61.htm Edgar Link pending
R62.htm Edgar Link pending
R63.htm Edgar Link pending
R64.htm Edgar Link pending
R65.htm Edgar Link pending
R66.htm Edgar Link pending
R67.htm Edgar Link pending
R68.htm Edgar Link pending
R69.htm Edgar Link pending
R7.htm Edgar Link pending
R70.htm Edgar Link pending
R71.htm Edgar Link pending
R72.htm Edgar Link pending
R8.htm Edgar Link pending
R9.htm Edgar Link pending
report.css Edgar Link pending
Show.js Edgar Link pending