AMERICAN AXLE & MANUFACTURING HOLDINGS INC company info

CIK 1062231
IRS Number 383161171
State of incorporation DE
Business address ONE DAUCH DRIVE
None
DETROIT
MI
48211-1198
Mail address ONE DAUCH DRIVE
None
DETROIT
MI
48211-1198

Short summary

AMERICAN AXLE & MANUFACTURING HOLDINGS INC is a Michigan company, with head office located at One Dauch Drive Detroit, Michigan 48211-1198. In 2017 the company owned a total of 8.06 billion USD worth of assets, including 2.21 billion USD worth of current assets. An analysis of the recent trend shows a steady growth of company assets, with a 2.14% growth from the last year and a 267.05% increase in the 7 year period.

AMERICAN AXLE & MANUFACTURING HOLDINGS INC Income Statement

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Gross Profit -31.10401.70455.10399.70478.70522.80635.40726.10
Selling, General and Administrative Expense 231.70243.30238.40255.20277.30319.20
Research and development 6782.50113.60123.40103.40103.90113.90139.80
Operating Income (Loss) -203.80204.10223.40156.40240.30267.60358.10380.70
Interest expense 84.508983.90101.60115.9099.9099.2093.40
Other Nonoperating Income (Expense) -3.10-0.100.50-4.10-1.906.90128.80
Income Tax Expense (Benefit) -43.804.301-335.20-8.2033.7037.1058.30
Net income -253.10115.40142.80367.7094.50143235.60240.70

AMERICAN AXLE & MANUFACTURING HOLDINGS INC Balance Sheet

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Cash and cash equivalents 198.80238.70250.3085.2078.90219301.30388.40490.60549.60
Inventories 148.50208.50233.20255.70237.90226.90384.50396.60
Deferred income taxes 10.4011.6034.9034.9040.200
Property, Plant and Equipment, Gross 1,732.601,865.201,974.602,098.702,221.602,300.702,475.50
Accumulated Depreciation, Depletion and Amortization, Property, Plant, and Equipment 796.30894964.901,040.201,160.501,254.501,381.80
Goodwill 147.80156.60155.90156.20156.20154.60154.401,610.801,654.60
Intangible Assets, Net (Excluding Goodwill) 1,281.101,236.60
Other Assets, Noncurrent 159.30179.50204.80253.50254.40272.80366.20379.60
Total assets 2,195.402,441.203,008.703,201.403,360.603,432.707,889.808,058.30
Current assets 678.60861.60992.201,146.801,2921,334.402,144.102,212.70
Accounts payable 355439.60450.70509.70490.50503.80840.60856.40
Total current liabilities 628.50691.90647721.50737.60751.901,227.201,285
Long-term Debt, Excluding Current Maturities 964.601,174.301,579.90
Long-term Debt 1,0101,174.301,579.90
Deferred Revenue, Noncurrent 97.708079.50106.4073.6057.1078.4079.70
Deferred income taxes 6.607.709.106.80264.80233.50
Total liabilities 2,553.302,835.903,110.303,0583,155.402,975.306,592.706,621.70
Common Stock, Value, Issued 0.800.800.80
Retained Earnings (Accumulated Deficit) -699.40-587.60-242.70-95.5080.40336.30570.10656.30
Accumulated Other Comprehensive Income (Loss), Net of Tax -282.40-197.70-322.30-338.30

AMERICAN AXLE & MANUFACTURING HOLDINGS INC Cash Flow

Name [in Millions USD]2008200920102011201220132014201520162017Trends
Net income -253.10115.40142.80367.7094.50143235.60240.70
Depreciation 126.60122.20123.70130.90151.80166.50163.60160.40
Amortization of Intangible Assets 1.901.901.901.90
Depreciation and amortization 134.70131.60139.40152.20177199.90198.40201.80
Deferred Income Tax Expense (Benefit) -67.60-8.6016-343.20-19.10-11.2025.6030.40
Accounts receivable -118.9014.80189.90130.600.3078.3017.9019.30
Inventories -19.6038.9050.2049.9042.50-10.90-11.20-12.20
Net Cash Provided by (Used in) Operating Activities 15.90240.30-56.30-175.50223318.40377.60407.60
Payments to Acquire Property, Plant, and Equipment 137.70108.30163.10207.60251.90206.50193.50223
Payments to Acquire Businesses, Net of Cash Acquired 10.202.2016.50005.60
Net Cash Provided by (Used in) Investing Activities -74.60-107-184.10-185.40-218.70-195.30-188.10-227.70
Proceeds from Issuance of Long-term Debt 854.806.20227562.60786.70516.8030.30
Proceeds from Issuance of Common Stock 109.7000
Payments for Repurchase of Common Stock 0.901.300.105.900.400.303.105.20
Net Cash Provided by (Used in) Financing Activities 32.10-66.40167.20253.5088.80-21.40-143.6018.40
Cash and Cash Equivalents, Period Increase (Decrease) -20.7066.50-75.40-106.8091.6095.2033.30198.70