2019 Q4 Form 10-K Financial Statement

#000106223120000009 Filed on February 14, 2020

View on sec.gov

Income Statement

Concept 2019 Q4 2019 2018 Q4
Revenue $1.430B $6.531B $1.694B
YoY Change -15.59% -10.17% -2.3%
Cost Of Revenue $1.247B $5.628B $1.469B
YoY Change -15.13% -8.18% 2.03%
Gross Profit $183.4M $902.6M $225.3M
YoY Change -18.6% -20.85% -23.45%
Gross Profit Margin 12.83% 13.82% 13.3%
Selling, General & Admin $50.20M $364.7M $61.20M
YoY Change -17.97% -5.44% -2.08%
% of Gross Profit 27.37% 40.41% 27.16%
Research & Development $39.80M $144.7M $35.90M
YoY Change 10.86% -1.03% -6.75%
% of Gross Profit 21.7% 16.03% 15.93%
Depreciation & Amortization $125.4M $536.9M $137.9M
YoY Change -9.06% 1.53% 10.23%
% of Gross Profit 68.38% 59.48% 61.21%
Operating Expenses $111.8M $509.4M $122.0M
YoY Change -8.36% -4.23% -2.79%
Operating Profit $71.60M -$301.6M $103.3M
YoY Change -30.69% -383.46% -38.8%
Interest Expense -$51.00M $217.3M -$53.40M
YoY Change -4.49% 0.46% -2.91%
% of Operating Profit -71.23% -51.69%
Other Income/Expense, Net -$13.30M -$231.4M $2.400M
YoY Change -654.17% 5.04% 300.0%
Pretax Income -$465.9M -$533.0M -$450.1M
YoY Change 3.51% 367.95% -581.91%
Income Tax -$11.50M -$48.90M -$88.50M
% Of Pretax Income
Net Earnings -$454.4M -$484.5M -$361.8M
YoY Change 25.59% 742.61% -440.36%
Net Earnings / Revenue -31.78% -7.42% -21.36%
Basic Earnings Per Share -$4.04 -$4.31
Diluted Earnings Per Share -$4.04 -$4.31 -$3.242M
COMMON SHARES
Basic Shares Outstanding 112.5M shares 112.3M shares 111.7M shares
Diluted Shares Outstanding 112.3M shares

Balance Sheet

Concept 2019 Q4 2019 2018 Q4
SHORT-TERM ASSETS
Cash & Short-Term Investments $532.0M $532.0M $476.4M
YoY Change 11.67% 11.67% 26.43%
Cash & Equivalents $532.0M $532.0M $476.4M
Short-Term Investments
Other Short-Term Assets $136.8M $136.8M $127.2M
YoY Change 7.55% 7.55% -9.34%
Inventory $373.6M $373.6M $459.7M
Prepaid Expenses
Receivables $815.4M $815.4M $966.5M
Other Receivables $0.00 $0.00 $0.00
Total Short-Term Assets $1.858B $1.858B $2.030B
YoY Change -8.47% -8.47% 4.36%
LONG-TERM ASSETS
Property, Plant & Equipment $2.358B $2.477B $2.514B
YoY Change -6.2% -1.49% 4.64%
Goodwill $699.1M $1.142B
YoY Change -38.77% -30.98%
Intangibles $864.5M $1.111B
YoY Change -22.19% -8.36%
Long-Term Investments $0.00 $0.00
YoY Change
Other Assets $458.9M $746.3M $448.7M
YoY Change 2.27% 4.58% 18.45%
Total Long-Term Assets $4.787B $4.787B $5.481B
YoY Change -12.66% -12.66% -7.69%
TOTAL ASSETS
Total Short-Term Assets $1.858B $1.858B $2.030B
Total Long-Term Assets $4.787B $4.787B $5.481B
Total Assets $6.645B $6.645B $7.511B
YoY Change -11.53% -11.53% -4.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $623.5M $623.5M $840.2M
YoY Change -25.79% -25.79% 5.16%
Accrued Expenses $352.0M $352.0M $350.7M
YoY Change 0.37% 0.37% -7.07%
Deferred Revenue
YoY Change
Short-Term Debt $0.00 $0.00 $0.00
YoY Change
Long-Term Debt Due $28.70M $32.00M $121.6M
YoY Change -76.4% -73.68% 1961.02%
Total Short-Term Liabilities $1.026B $1.026B $1.357B
YoY Change -24.35% -24.35% 11.54%
LONG-TERM LIABILITIES
Long-Term Debt $3.616B $3.616B $3.687B
YoY Change -1.91% -1.91% -7.12%
Other Long-Term Liabilities $1.026B $1.002B $980.8M
YoY Change 4.56% 12.8% -15.24%
Total Long-Term Liabilities $1.026B $4.618B $980.8M
YoY Change 4.56% 0.94% -15.24%
TOTAL LIABILITIES
Total Short-Term Liabilities $1.026B $1.026B $1.357B
Total Long-Term Liabilities $1.026B $4.618B $980.8M
Total Liabilities $5.664B $5.667B $6.024B
YoY Change -5.98% -5.97% -5.02%
SHAREHOLDERS EQUITY
Retained Earnings $248.6M $703.5M
YoY Change -64.66% -7.56%
Common Stock $1.314B $1.293B
YoY Change 1.65% 2.21%
Preferred Stock
YoY Change
Treasury Stock (at cost) $209.3M $201.8M
YoY Change 3.72% 1.87%
Treasury Stock Shares 7.600M shares 7.200M shares
Shareholders Equity $977.6M $977.6M $1.484B
YoY Change
Total Liabilities & Shareholders Equity $6.645B $6.645B $7.511B
YoY Change -11.53% -11.53% -4.72%

Cashflow Statement

Concept 2019 Q4 2019 2018 Q4
OPERATING ACTIVITIES
Net Income -$454.4M -$484.5M -$361.8M
YoY Change 25.59% 742.61% -440.36%
Depreciation, Depletion And Amortization $125.4M $536.9M $137.9M
YoY Change -9.06% 1.53% 10.23%
Cash From Operating Activities $181.0M $559.6M $258.3M
YoY Change -29.93% -27.47% 14.14%
INVESTING ACTIVITIES
Capital Expenditures -$98.90M $433.3M -$132.9M
YoY Change -25.58% -17.42% -33.45%
Acquisitions $9.400M
YoY Change 623.08%
Other Investing Activities $127.8M $127.6M -$2.000M
YoY Change -6490.0% -350.0%
Cash From Investing Activities $28.90M -$306.6M -$134.9M
YoY Change -121.42% -35.88% -32.18%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $7.500M
YoY Change 102.7%
Debt Paid & Issued, Net $544.4M
YoY Change -20.08%
Cash From Financing Activities -59.90M -$200.0M -85.00M
YoY Change -29.53% 8.4% -57.71%
NET CHANGE
Cash From Operating Activities 181.0M $559.6M 258.3M
Cash From Investing Activities 28.90M -$306.6M -134.9M
Cash From Financing Activities -59.90M -$200.0M -85.00M
Net Change In Cash 150.0M $53.10M 38.40M
YoY Change 290.62% -47.99% -122.12%
FREE CASH FLOW
Cash From Operating Activities $181.0M $559.6M $258.3M
Capital Expenditures -$98.90M $433.3M -$132.9M
Free Cash Flow $279.9M $126.3M $391.2M
YoY Change -28.45% -48.82% -8.17%

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CY2018Q4 axl Series Junior Participating Preferred Stock
SeriesJuniorParticipatingPreferredStock
0 USD
CY2019Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2018Q4 us-gaap Preferred Stock Value Outstanding
PreferredStockValueOutstanding
0 USD
CY2019Q4 axl Series Common Stock
SeriesCommonStock
0 USD
CY2018Q4 axl Series Common Stock
SeriesCommonStock
0 USD
CY2019Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
1200000 USD
CY2018Q4 us-gaap Common Stock Value Outstanding
CommonStockValueOutstanding
1200000 USD
CY2019Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1313900000 USD
CY2018Q4 us-gaap Additional Paid In Capital Common Stock
AdditionalPaidInCapitalCommonStock
1292600000 USD
CY2019Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
248600000 USD
CY2018Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
703500000 USD
CY2019Q4 us-gaap Treasury Stock Value
TreasuryStockValue
209300000 USD
CY2018Q4 us-gaap Treasury Stock Value
TreasuryStockValue
201800000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
259900000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
213900000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-101200000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-96600000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-15700000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Cumulative Changes In Net Gain Loss From Cash Flow Hedges Effect Net Of Tax
AccumulatedOtherComprehensiveIncomeLossCumulativeChangesInNetGainLossFromCashFlowHedgesEffectNetOfTax
-1100000 USD
CY2019Q4 us-gaap Stockholders Equity
StockholdersEquity
977600000 USD
CY2018Q4 us-gaap Stockholders Equity
StockholdersEquity
1483900000 USD
CY2019Q4 us-gaap Minority Interest
MinorityInterest
2800000 USD
CY2018Q4 us-gaap Minority Interest
MinorityInterest
2400000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
980400000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1486300000 USD
CY2019Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
6644600000 USD
CY2018Q4 us-gaap Liabilities And Stockholders Equity
LiabilitiesAndStockholdersEquity
7510700000 USD
CY2019 us-gaap Profit Loss
ProfitLoss
-484100000 USD
CY2018 us-gaap Profit Loss
ProfitLoss
-56800000 USD
CY2017 us-gaap Profit Loss
ProfitLoss
337500000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
536900000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
528800000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
428500000 USD
CY2019 us-gaap Asset Impairment Charges
AssetImpairmentCharges
667900000 USD
CY2018 us-gaap Asset Impairment Charges
AssetImpairmentCharges
515500000 USD
CY2017 us-gaap Asset Impairment Charges
AssetImpairmentCharges
1500000 USD
CY2019 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
94600000 USD
CY2018 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
35000000.0 USD
CY2017 us-gaap Increase Decrease In Deferred Income Taxes
IncreaseDecreaseInDeferredIncomeTaxes
154200000 USD
CY2019 us-gaap Share Based Compensation
ShareBasedCompensation
22400000 USD
CY2018 us-gaap Share Based Compensation
ShareBasedCompensation
27900000 USD
CY2017 us-gaap Share Based Compensation
ShareBasedCompensation
43400000 USD
CY2019 axl Pensions And Other Postretirement Benefits Net Of Contributions
PensionsAndOtherPostretirementBenefitsNetOfContributions
-8800000 USD
CY2018 axl Pensions And Other Postretirement Benefits Net Of Contributions
PensionsAndOtherPostretirementBenefitsNetOfContributions
-9900000 USD
CY2017 axl Pensions And Other Postretirement Benefits Net Of Contributions
PensionsAndOtherPostretirementBenefitsNetOfContributions
-6000000.0 USD
CY2019 axl Gain Losson Dispositionor Acquisitionof Business
GainLossonDispositionorAcquisitionofBusiness
-10500000 USD
CY2018 axl Gain Losson Dispositionor Acquisitionof Business
GainLossonDispositionorAcquisitionofBusiness
15500000 USD
CY2017 axl Gain Losson Dispositionor Acquisitionof Business
GainLossonDispositionorAcquisitionofBusiness
0 USD
CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-4100000 USD
CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
3200000 USD
CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
GainLossOnSaleOfPropertyPlantEquipment
-1600000 USD
CY2019 axl Gain Losson Extinguishmentof Debtand Capital Lease Obligation
GainLossonExtinguishmentofDebtandCapitalLeaseObligation
-8400000 USD
CY2018 axl Gain Losson Extinguishmentof Debtand Capital Lease Obligation
GainLossonExtinguishmentofDebtandCapitalLeaseObligation
-4000000.0 USD
CY2017 axl Gain Losson Extinguishmentof Debtand Capital Lease Obligation
GainLossonExtinguishmentofDebtandCapitalLeaseObligation
-3500000 USD
CY2019 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-63900000 USD
CY2018 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
-56100000 USD
CY2017 us-gaap Increase Decrease In Accounts Receivable
IncreaseDecreaseInAccountsReceivable
44900000 USD
CY2019 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-56100000 USD
CY2018 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
83100000 USD
CY2017 us-gaap Increase Decrease In Inventories
IncreaseDecreaseInInventories
-2500000 USD
CY2019 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-97700000 USD
CY2018 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
7500000 USD
CY2017 us-gaap Increase Decrease In Accounts Payable And Accrued Liabilities
IncreaseDecreaseInAccountsPayableAndAccruedLiabilities
-12600000 USD
CY2019 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
-17900000 USD
CY2018 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
10700000 USD
CY2017 us-gaap Increase Decrease In Deferred Revenue
IncreaseDecreaseInDeferredRevenue
14800000 USD
CY2019 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
107500000 USD
CY2018 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
175500000 USD
CY2017 us-gaap Increase Decrease In Other Operating Capital Net
IncreaseDecreaseInOtherOperatingCapitalNet
-31400000 USD
CY2019 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
559600000 USD
CY2018 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
771500000 USD
CY2017 us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
647000000.0 USD
CY2019 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
433300000 USD
CY2018 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
524700000 USD
CY2017 us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
477700000 USD
CY2019 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
5000000.0 USD
CY2018 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
4900000 USD
CY2017 us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
2500000 USD
CY2019 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
900000 USD
CY2018 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
500000 USD
CY2017 us-gaap Payments To Acquire Equipment On Lease
PaymentsToAcquireEquipmentOnLease
13300000 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
141200000 USD
CY2018 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
47100000 USD
CY2017 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
5900000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
9400000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
1300000 USD
CY2017 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
895500000 USD
CY2019 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
9200000 USD
CY2018 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
3700000 USD
CY2017 us-gaap Payments To Acquire Interest In Subsidiaries And Affiliates
PaymentsToAcquireInterestInSubsidiariesAndAffiliates
0 USD
CY2019 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-306600000 USD
CY2018 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-478200000 USD
CY2017 us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-1378100000 USD
CY2019 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
0 USD
CY2018 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
0 USD
CY2017 us-gaap Proceeds From Repayments Of Short Term Debt Maturing In Three Months Or Less
ProceedsFromRepaymentsOfShortTermDebtMaturingInThreeMonthsOrLess
4400000 USD
CY2019 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
356300000 USD
CY2018 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
509600000 USD
CY2017 us-gaap Proceeds From Issuance Of Long Term Debt
ProceedsFromIssuanceOfLongTermDebt
2862700000 USD
CY2019 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
545500000 USD
CY2018 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
681200000 USD
CY2017 us-gaap Repayments Of Long Term Debt
RepaymentsOfLongTermDebt
2154400000 USD
CY2019 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
3300000 USD
CY2018 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
6900000 USD
CY2017 us-gaap Payments Of Debt Issuance Costs
PaymentsOfDebtIssuanceCosts
91000000.0 USD
CY2019 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2018 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
2300000 USD
CY2017 us-gaap Payments To Minority Shareholders
PaymentsToMinorityShareholders
0 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2017 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
900000 USD
CY2019 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7500000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
3700000 USD
CY2017 us-gaap Payments For Repurchase Of Common Stock
PaymentsForRepurchaseOfCommonStock
7000000.0 USD
CY2019 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-200000000.0 USD
CY2018 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-184500000 USD
CY2017 us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
615600000 USD
CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
100000 USD
CY2018 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
-6700000 USD
CY2017 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
EffectOfExchangeRateOnCashAndCashEquivalents
11100000 USD
CY2019 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
53100000 USD
CY2018 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
102100000 USD
CY2017 us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-104400000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
478900000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
376800000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
481200000 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
532000000.0 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
478900000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
376800000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
205400000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
199700000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
182700000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
57100000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
46000000.0 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
31900000 USD
CY2019 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
CY2018 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
0 USD
CY2017 us-gaap Stock Issued During Period Value Acquisitions
StockIssuedDuringPeriodValueAcquisitions
576700000 USD
CY2016Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
76500000 shares
CY2017 us-gaap Stock Issued During Period Shares Acquisitions
StockIssuedDuringPeriodSharesAcquisitions
34300000 shares
CY2017 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
800000 shares
CY2017 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
300000 shares
CY2017Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111300000 shares
CY2018 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
700000 shares
CY2018 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
300000 shares
CY2018Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
111700000 shares
CY2019 us-gaap Stock Issued During Period Shares Share Based Compensation
StockIssuedDuringPeriodSharesShareBasedCompensation
1300000 shares
CY2019 us-gaap Treasury Stock Shares Acquired
TreasuryStockSharesAcquired
400000 shares
CY2019Q4 us-gaap Common Stock Shares Outstanding
CommonStockSharesOutstanding
112600000 shares
CY2019Q4 dei Entity Number Of Employees
EntityNumberOfEmployees
20000 Employees
CY2019Q4 axl Numberof Facilities
NumberofFacilities
80 Facilities
CY2019Q4 us-gaap Number Of Countries In Which Entity Operates
NumberOfCountriesInWhichEntityOperates
17 Countries
CY2019Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
20500000 USD
CY2018Q4 us-gaap Inventory Valuation Reserves
InventoryValuationReserves
14400000 USD
CY2019Q4 us-gaap Inventory Net
InventoryNet
373600000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
459700000 USD
CY2019 us-gaap Revenue Performance Obligation Description Of Payment Terms
RevenuePerformanceObligationDescriptionOfPaymentTerms
50 days
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8000000.0 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable
AllowanceForDoubtfulAccountsReceivable
8400000 USD
CY2019 us-gaap Property Plant And Equipment Preproduction Design And Development Costs
PropertyPlantAndEquipmentPreproductionDesignAndDevelopmentCosts
<div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-weight:bold;">CUSTOMER TOOLING AND PRE-PRODUCTION COSTS RELATED TO LONG-TERM SUPPLY AGREEMENTS </span><span style="font-family:Arial;font-size:10pt;">Engineering, R&amp;D, and other pre-production design and development costs for products sold on long-term supply arrangements are expensed as incurred unless we have a contractual guarantee for reimbursement from the customer. Reimbursements received for pre-production costs relating to awarded programs are deferred and recognized into revenue over the life of the associated program. Reimbursements received for pre-production costs relating to future programs that have not been awarded, or amounts received for programs that become discontinued prior to production, are recorded as a reduction of expense. </span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Costs for tooling used to make products sold on long-term supply arrangements for which we have either title to the assets or the noncancelable right to use the assets during the term of the supply arrangement are capitalized in property, plant and equipment. Reimbursable costs for tooling assets for which our customer has title and we do not have a noncancelable right to use during the term of the supply arrangement, are recorded in accounts receivable in our consolidated balance sheets. The reimbursement for the customer-owned tooling is recorded as a reduction of accounts receivable upon collection. Capitalized items and customer receipts in excess of tooling costs specifically related to a supply arrangement are amortized over the shorter of the term of the arrangement or over the estimated useful lives of the related assets. </span></div>
CY2019Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
310400000 USD
CY2018Q4 us-gaap Inventory Work In Process And Raw Materials
InventoryWorkInProcessAndRawMaterials
375100000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
83700000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
99000000.0 USD
CY2019Q4 us-gaap Inventory Gross
InventoryGross
394100000 USD
CY2018Q4 us-gaap Inventory Gross
InventoryGross
474100000 USD
CY2019 axl Maintenance Repairand Operations Mro Materials Amortization
MaintenanceRepairandOperationsMROMaterialsAmortization
67700000 USD
CY2018 axl Maintenance Repairand Operations Mro Materials Amortization
MaintenanceRepairandOperationsMROMaterialsAmortization
62400000 USD
CY2017 axl Maintenance Repairand Operations Mro Materials Amortization
MaintenanceRepairandOperationsMROMaterialsAmortization
51600000 USD
CY2019 us-gaap Depreciation
Depreciation
373800000 USD
CY2018 us-gaap Depreciation
Depreciation
367000000.0 USD
CY2017 us-gaap Depreciation
Depreciation
301600000 USD
CY2019Q4 us-gaap Land
Land
45100000 USD
CY2018Q4 us-gaap Land
Land
53600000 USD
CY2019Q4 us-gaap Land Improvements
LandImprovements
24400000 USD
CY2018Q4 us-gaap Land Improvements
LandImprovements
22000000.0 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
512700000 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
501500000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
3645600000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
3342800000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
219500000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
511100000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4447300000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
4431000000.0 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
2088900000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1916600000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2358400000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
2514400000 USD
CY2019 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
46000000.0 USD
CY2018 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
84100000 USD
CY2017 us-gaap Noncash Or Part Noncash Acquisition Fixed Assets Acquired1
NoncashOrPartNoncashAcquisitionFixedAssetsAcquired1
103000000.0 USD
CY2019Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
63300000 USD
CY2018Q4 us-gaap Unamortized Debt Issuance Expense
UnamortizedDebtIssuanceExpense
80700000 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
6500000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
200000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
7300000 USD
CY2019 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
144700000 USD
CY2018 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
146200000 USD
CY2017 us-gaap Research And Development Expense
ResearchAndDevelopmentExpense
161500000 USD
CY2019 us-gaap Use Of Estimates
UseOfEstimates
<div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-weight:bold;">USE OF ESTIMATES </span><span style="font-family:Arial;font-size:10pt;">In order to prepare consolidated financial statements in conformity with accounting principles generally accepted in the United States of America (GAAP), we are required to make estimates and assumptions that affect the reported amounts and disclosures in our consolidated financial statements. Actual results could differ from those estimates.</span></div><div style="line-height:120%;text-align:left;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;"><br/></span></div>
CY2019 axl Divestitureof Business Sale Price
DivestitureofBusinessSalePrice
245000000.0 USD
CY2019 us-gaap Proceeds From Divestiture Of Businesses Net Of Cash Divested
ProceedsFromDivestitureOfBusinessesNetOfCashDivested
141200000 USD
CY2019Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
225000000.0 USD
CY2019 us-gaap Gain Loss On Sale Of Business
GainLossOnSaleOfBusiness
-21300000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Notes And Loans Receivable Net
DisposalGroupIncludingDiscontinuedOperationAccountsNotesAndLoansReceivableNet
84900000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Inventory1
DisposalGroupIncludingDiscontinuedOperationInventory1
32600000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Prepaid And Other Assets
DisposalGroupIncludingDiscontinuedOperationPrepaidAndOtherAssets
2100000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Property Plant And Equipment
DisposalGroupIncludingDiscontinuedOperationPropertyPlantAndEquipment
191800000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Intangible Assets
DisposalGroupIncludingDiscontinuedOperationIntangibleAssets
158200000 USD
CY2019Q4 axl Disposal Group Including Discontinued Operation Other Assetsand Deferred Charges
DisposalGroupIncludingDiscontinuedOperationOtherAssetsandDeferredCharges
81700000 USD
CY2019Q3 us-gaap Impairment Of Long Lived Assets To Be Disposed Of
ImpairmentOfLongLivedAssetsToBeDisposedOf
225000000.0 USD
CY2019Q4 us-gaap Assets Of Disposal Group Including Discontinued Operation
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326300000 USD
CY2019Q4 us-gaap Disposal Group Including Discontinued Operation Accounts Payable
DisposalGroupIncludingDiscontinuedOperationAccountsPayable
71700000 USD
CY2019Q4 axl Disposal Group Including Discontinued Operation Accrued Compensationand Benefits
DisposalGroupIncludingDiscontinuedOperationAccruedCompensationandBenefits
6900000 USD
CY2019Q4 axl Disposal Group Including Discontinued Operation Accrued Expensesand Other
DisposalGroupIncludingDiscontinuedOperationAccruedExpensesandOther
4500000 USD
CY2019Q4 axl Disposal Group Including Discontinued Operation Postretirement Benefitsand Other Long Term Liabilities
DisposalGroupIncludingDiscontinuedOperationPostretirementBenefitsandOtherLongTermLiabilities
20100000 USD
CY2019Q4 us-gaap Liabilities Of Disposal Group Including Discontinued Operation
LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
103200000 USD
CY2019 us-gaap Finance Lease Right Of Use Asset Amortization
FinanceLeaseRightOfUseAssetAmortization
1000000.0 USD
CY2019 us-gaap Finance Lease Interest Expense
FinanceLeaseInterestExpense
300000 USD
CY2019 axl Totalfinanceleasecost
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1300000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
28900000 USD
CY2019 us-gaap Short Term Lease Cost
ShortTermLeaseCost
5900000 USD
CY2019 us-gaap Variable Lease Cost
VariableLeaseCost
7200000 USD
CY2019 axl Totalleasecost
Totalleasecost
43300000 USD
CY2019 us-gaap Finance Lease Interest Payment On Liability
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300000 USD
CY2019 us-gaap Operating Lease Payments
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29000000.0 USD
CY2019 us-gaap Finance Lease Principal Payments
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1000000.0 USD
CY2019Q4 us-gaap Finance Lease Weighted Average Remaining Lease Term1
FinanceLeaseWeightedAverageRemainingLeaseTerm1
P2Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P9Y2M12D
CY2019Q4 us-gaap Finance Lease Weighted Average Discount Rate Percent
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0.051
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.061
CY2019Q4 us-gaap Finance Lease Right Of Use Asset
FinanceLeaseRightOfUseAsset
7300000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
118500000 USD
CY2019Q4 us-gaap Finance Lease Liability
FinanceLeaseLiability
7300000 USD
CY2019Q4 us-gaap Operating Lease Liability
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118500000 USD
CY2019Q4 axl Lessee Operating Lease Lease Notyet Commenced
LesseeOperatingLeaseLeaseNotyetCommenced
78900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
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32600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
24300000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
16200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
12600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
7500000 USD
CY2016Q4 us-gaap Restructuring Reserve
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9800000 USD
CY2017 us-gaap Restructuring Charges
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17400000 USD
CY2017 us-gaap Payments For Restructuring
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25400000 USD
CY2017 us-gaap Restructuring Reserve Settled Without Cash2
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1500000 USD
CY2017Q4 us-gaap Restructuring Reserve
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300000 USD
CY2018 us-gaap Restructuring Charges
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44200000 USD
CY2018 us-gaap Payments For Restructuring
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10500000 USD
CY2018 us-gaap Restructuring Reserve Settled Without Cash2
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30000000.0 USD
CY2018Q4 us-gaap Restructuring Reserve
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4000000.0 USD
CY2019 us-gaap Restructuring Charges
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39800000 USD
CY2019 us-gaap Payments For Restructuring
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31600000 USD
CY2019 us-gaap Restructuring Reserve Settled Without Cash2
RestructuringReserveSettledWithoutCash2
0 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
12200000 USD
CY2019 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1800000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
0 USD
CY2019 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
16200000 USD
CY2019 axl Totalacquisitionrelatedcharges
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18000000.0 USD
CY2018 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
1200000 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
500000 USD
CY2018 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
33000000.0 USD
CY2018 axl Totalacquisitionrelatedcharges
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34700000 USD
CY2017 us-gaap Business Combination Acquisition Related Costs
BusinessCombinationAcquisitionRelatedCosts
40700000 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
7200000 USD
CY2017 us-gaap Business Combination Integration Related Costs
BusinessCombinationIntegrationRelatedCosts
45400000 USD
CY2017 axl Totalacquisitionrelatedcharges
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93300000 USD
CY2019 axl Restructuringandacquisitionrelatedcosts
Restructuringandacquisitionrelatedcosts
57800000 USD
CY2018 axl Restructuringandacquisitionrelatedcosts
Restructuringandacquisitionrelatedcosts
78900000 USD
CY2017 axl Restructuringandacquisitionrelatedcosts
Restructuringandacquisitionrelatedcosts
110700000 USD
CY2017Q4 us-gaap Goodwill
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1654300000 USD
CY2018 us-gaap Goodwill Impairment Loss
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485500000 USD
CY2018 us-gaap Goodwill Written Off Related To Sale Of Business Unit
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15100000 USD
CY2018 us-gaap Goodwill Translation And Purchase Accounting Adjustments
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-14100000 USD
CY2018Q4 us-gaap Goodwill
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1141800000 USD
CY2019 us-gaap Goodwill Other Increase Decrease
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0 USD
CY2019 us-gaap Goodwill Impairment Loss
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440000000.0 USD
CY2019 us-gaap Goodwill Translation And Purchase Accounting Adjustments
GoodwillTranslationAndPurchaseAccountingAdjustments
-2700000 USD
CY2019Q4 us-gaap Goodwill
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699100000 USD
CY2019Q4 us-gaap Goodwill Impaired Accumulated Impairment Loss
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925500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
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1111000000.0 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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-246500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
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864500000 USD
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1293400000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
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-182300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
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1111100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
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95400000 USD
CY2018 us-gaap Amortization Of Intangible Assets
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99400000 USD
CY2017 us-gaap Amortization Of Intangible Assets
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75300000 USD
CY2019Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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3692200000 USD
CY2018Q4 us-gaap Debt Longterm And Shortterm Combined Amount
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3875500000 USD
CY2019Q4 us-gaap Long Term Debt Current
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28700000 USD
CY2018Q4 us-gaap Long Term Debt Current
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121600000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
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3663500000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
3753900000 USD
CY2019Q4 axl Long Term Debtnetof Issuance Costs
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3612300000 USD
CY2018Q4 axl Long Term Debtnetof Issuance Costs
LongTermDebtnetofIssuanceCosts
3686800000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Twelve Months
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53200000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Two
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearTwo
77100000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Three
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471300000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Four
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFour
29800000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalInYearFive
1460800000 USD
CY2019Q4 us-gaap Long Term Debt Maturities Repayments Of Principal After Year Five
LongTermDebtMaturitiesRepaymentsOfPrincipalAfterYearFive
1600000000.0 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations Including Current Maturities
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3692200000 USD
CY2019 us-gaap Interest Expense
InterestExpense
217300000 USD
CY2018 us-gaap Interest Expense
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216300000 USD
CY2017 us-gaap Interest Expense
InterestExpense
195600000 USD
CY2019 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
15500000 USD
CY2018 us-gaap Interest Costs Capitalized
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28400000 USD
CY2017 us-gaap Interest Costs Capitalized
InterestCostsCapitalized
18300000 USD
CY2019Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.058
CY2018Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.059
CY2017Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.057
CY2019 us-gaap Investment Income Interest
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5800000 USD
CY2018 us-gaap Investment Income Interest
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2000000.0 USD
CY2017 us-gaap Investment Income Interest
InvestmentIncomeInterest
2900000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
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CY2019 us-gaap Other Nonoperating Income Expense
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CY2019 us-gaap Interest Expense
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217300000 USD
CY2019 us-gaap Cost Of Goods And Services Sold
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5628300000 USD
CY2019 us-gaap Other Nonoperating Income Expense
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CY2019 us-gaap Cost Of Goods And Services Sold
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5628300000 USD
CY2019Q4 axl Total Gm Postretirement Cost Sharing Asset
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236000000.0 USD
CY2018Q4 axl Total Gm Postretirement Cost Sharing Asset
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232900000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
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737800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
732500000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
608000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
608000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
483200000 USD
CY2019Q4 axl Total Gm Postretirement Cost Sharing Asset
TotalGmPostretirementCostSharingAsset
236000000.0 USD
CY2018Q4 axl Total Gm Postretirement Cost Sharing Asset
TotalGmPostretirementCostSharingAsset
232900000 USD
CY2019Q4 axl Gm Postretirement Cost Sharing Asset Current
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12700000 USD
CY2019Q4 axl Gm Postretirement Cost Sharing Asset Noncurrent
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223300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Health Care Cost Trend Rate Assumed Next Fiscal Year
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0.0650
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Service And Interest Cost Components
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1400000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Increase On Accumulated Postretirement Benefit Obligation
DefinedBenefitPlanEffectOfOnePercentagePointIncreaseOnAccumulatedPostretirementBenefitObligation
33800000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Service And Interest Cost Components1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnServiceAndInterestCostComponents1
1100000 USD
CY2019 us-gaap Defined Benefit Plan Effect Of One Percentage Point Decrease On Accumulated Postretirement Benefit Obligation1
DefinedBenefitPlanEffectOfOnePercentagePointDecreaseOnAccumulatedPostretirementBenefitObligation1
28400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Next Twelve Months
DefinedBenefitPlanExpectedFutureBenefitPaymentsNextTwelveMonths
57900000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Two
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearTwo
56000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Three
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearThree
55000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Four
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFour
55000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Year Five
DefinedBenefitPlanExpectedFutureBenefitPaymentsYearFive
56400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Expected Future Benefit Payments Five Fiscal Years Thereafter
DefinedBenefitPlanExpectedFutureBenefitPaymentsFiveFiscalYearsThereafter
288400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
636600000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
625800000 USD
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
5300000 shares
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
10900000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Equity Instruments Other Than Options Vested In Period Total Fair Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardEquityInstrumentsOtherThanOptionsVestedInPeriodTotalFairValue
6100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-889000000.0 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-549400000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-37100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
356000000.0 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
435500000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
377100000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
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-533000000.0 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
-113900000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Extraordinary Items Noncontrolling Interest
IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
340000000.0 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
-11900000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
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CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
87100000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
100000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
3200000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-700000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
49300000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
46500000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
62400000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
37500000 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
-31800000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
148800000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-73500000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-5100000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-122300000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-1500000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-6700000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-17000000.0 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-11400000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-13500000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-7000000.0 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-86400000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-25300000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-146300000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-48900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-57100000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
2500000 USD
CY2019 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-111900000 USD
CY2018 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
-23900000 USD
CY2017 us-gaap Income Tax Reconciliation Income Tax Expense Benefit At Federal Statutory Income Tax Rate
IncomeTaxReconciliationIncomeTaxExpenseBenefitAtFederalStatutoryIncomeTaxRate
119000000.0 USD
CY2019 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-40200000 USD
CY2018 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-39700000 USD
CY2017 us-gaap Income Tax Reconciliation Foreign Income Tax Rate Differential
IncomeTaxReconciliationForeignIncomeTaxRateDifferential
-96300000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
200000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-8300000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Enacted Tax Rate
IncomeTaxReconciliationChangeInEnactedTaxRate
-107600000 USD
CY2019 axl Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
-7500000 USD
CY2018 axl Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
5800000 USD
CY2017 axl Effective Income Tax Rate Reconciliation Transition Tax
EffectiveIncomeTaxRateReconciliationTransitionTax
108300000 USD
CY2019 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-20000000.0 USD
CY2018 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-12800000 USD
CY2017 us-gaap Income Tax Reconciliation State And Local Income Taxes
IncomeTaxReconciliationStateAndLocalIncomeTaxes
-6300000 USD
CY2019 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
9600000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
20100000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Credits
IncomeTaxReconciliationTaxCredits
8800000 USD
CY2018 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
21600000 USD
CY2019 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
12600000 USD
CY2018 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
12900000 USD
CY2017 us-gaap Income Tax Reconciliation Change In Deferred Tax Assets Valuation Allowance
IncomeTaxReconciliationChangeInDeferredTaxAssetsValuationAllowance
-6100000 USD
CY2019 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
92400000 USD
CY2017 us-gaap Income Tax Reconciliation Nondeductible Expense Impairment Losses
IncomeTaxReconciliationNondeductibleExpenseImpairmentLosses
0 USD
CY2019 axl Effective Income Tax Rate Reconciliation Withholding Taxes Amount
EffectiveIncomeTaxRateReconciliationWithholdingTaxesAmount
4000000.0 USD
CY2018 axl Effective Income Tax Rate Reconciliation Withholding Taxes Amount
EffectiveIncomeTaxRateReconciliationWithholdingTaxesAmount
6600000 USD
CY2017 axl Effective Income Tax Rate Reconciliation Withholding Taxes Amount
EffectiveIncomeTaxRateReconciliationWithholdingTaxesAmount
4700000 USD
CY2019 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-2800000 USD
CY2018 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
4100000 USD
CY2017 us-gaap Income Tax Reconciliation Repatriation Of Foreign Earnings
IncomeTaxReconciliationRepatriationOfForeignEarnings
-18600000 USD
CY2019 axl Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxIncomeAmount
31100000 USD
CY2018 axl Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxIncomeAmount
8000000.0 USD
CY2017 axl Effective Income Tax Rate Reconciliation Global Intangible Low Tax Income Amount
EffectiveIncomeTaxRateReconciliationGlobalIntangibleLowTaxIncomeAmount
0 USD
CY2019 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
5900000 USD
CY2018 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
-9800000 USD
CY2017 us-gaap Income Tax Reconciliation Tax Contingencies
IncomeTaxReconciliationTaxContingencies
13500000 USD
CY2019 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-3100000 USD
CY2018 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
-1500000 USD
CY2017 us-gaap Income Tax Reconciliation Other Adjustments
IncomeTaxReconciliationOtherAdjustments
700000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
-48900000 USD
CY2019Q4 axl Deferred Tax Assets Operating Loss And Tax Credit Carryforwards Not Subject To Expiration
DeferredTaxAssetsOperatingLossAndTaxCreditCarryforwardsNotSubjectToExpiration
101500000 USD
CY2019 us-gaap Valuation Allowance Deferred Tax Asset Change In Amount
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25400000 USD
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3500000 USD
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2500000 USD
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15600000 USD
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3700000 USD
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178000000 USD
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