| Period End | Type | Status | Affected | % Workforce | Announced | Expected Completion | Geography | Segment / Function | Charge | Source | Note |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | restructuring | in_progress | 2024-06-30 | 2027-12-31 | United States, Asia, Europe | PowerDrive Systems | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $75 million plan addressing segment cost structure amid EV adoption volatility; $2 million recorded in six months ended 2026-06-30 ($3 million in Q2); cumulative $46 million through 2026-06-30. Employee counts not disclosed. | ||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Mexico, Europe | Turbos & Thermal Technologies | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved actions; six-month charge comprised of $10 million employee termination benefits plus $3 million contractual settlement and professional fees. Employee counts not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | United States | Drivetrain & Morse Systems | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved actions; six-month charge comprised of $2 million employee termination benefits and $4 million equipment relocation costs for a U.S. facility. Employee counts not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Europe | Battery Energy Systems | USD 16 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved actions; six-month charge primarily $15 million employee termination benefits tied to an overhead cost reduction initiative in Europe plus $1 million professional fees. Employee counts not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six-month charge related to employee termination benefits under a global overhead cost reduction initiative. Employee counts not disclosed. | |||
| 2026-06-30 | restructuring | in_progress | 2024-06-01 | 2027-12-31 | Global | PowerDrive Systems | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Cost Plan. $2M recorded in six months ended June 30, 2026. Primarily employee termination benefits offset by revision of estimates. | ||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Mexico, Europe | Turbos & Thermal Technologies | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions. $13M recorded in six months ended June 30, 2026. Primarily $10M employee termination benefits and $3M professional fees. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | United States | Drivetrain & Morse Systems | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions. $6M recorded in six months ended June 30, 2026. Primarily $2M employee termination benefits and $4M equipment relocation. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Europe | Battery Energy Systems | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions. $16M recorded in six months ended June 30, 2026. Primarily $15M employee termination benefits for overhead cost reduction. | |||
| 2026-06-30 | restructuring | in_progress | 2026-01-01 | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions. $2M recorded in six months ended June 30, 2026. Primarily employee termination benefits for global overhead cost reduction. | |||
| 2026-06-30 | restructuring | in_progress | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Other Restructuring [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Consolidation Restructuring Efforts [Member] / Other Actions [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Contractual Settlement [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Drivetrain & Morse Systems [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / Other Actions [Member] / Drivetrain & Morse Systems [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Employee Severance [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD -1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Other Actions [Member] / Battery & Charging Systems [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Battery & Charging Systems [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-06-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / Other Actions [Member] / Battery & Charging Systems [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | 2024-06 | United States, Asia, Europe | PowerDrive Systems | USD 75 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan approved June 2024 to address PowerDrive Systems cost structure amid EV adoption volatility; may include manufacturing footprint realignment. Q1 2026 recorded a $1M revision of prior estimates; cumulative charges $43M. Expected annual cost savings ~$100M by 2026. No employee count disclosed. | |||
| 2026-03-31 | restructuring | in_progress | Europe, China | Turbos & Thermal Technologies | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2026 charge of $9M for individually approved actions, primarily $6M employee termination benefits and $3M contractual settlement expense for facilities in Europe and China. No employee count or announcement date disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | United States | Drivetrain & Morse Systems | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2026 charge of $4M, primarily $1M employee termination benefits and $3M equipment relocation costs for a U.S. facility. No employee count or announcement date disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | Europe | Battery Energy Systems | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2026 charge of $4M for employee termination benefits tied to an overhead cost reduction initiative in Europe. No employee count or announcement date disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2026 charge of $2M for employee termination benefits under a global overhead cost reduction initiative. No employee count or announcement date disclosed. | ||||
| 2026-03-31 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Cost Plan; revision of previous estimates recorded in Q1 2026. | |||
| 2026-03-31 | restructuring | in_progress | Europe and China | Turbos & Thermal Technologies | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions; primarily employee termination benefits and contractual settlement expenses. | ||||
| 2026-03-31 | restructuring | in_progress | United States | Drivetrain & Morse Systems | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions; primarily employee termination benefits and equipment relocation costs. | ||||
| 2026-03-31 | restructuring | in_progress | Europe | Battery Energy Systems | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions; primarily employee termination benefits for overhead cost reduction. | ||||
| 2026-03-31 | restructuring | in_progress | Global | Corporate | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions; primarily employee termination benefits for global overhead cost reduction. | ||||
| 2026-03-31 | restructuring | in_progress | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2026-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Other Restructuring [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Consolidation Restructuring Efforts [Member] / Other Actions [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Contractual Settlement [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Drivetrain & Morse Systems [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / Other Actions [Member] / Drivetrain & Morse Systems [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2026-03-31 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Battery & Charging Systems [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | completed | 2023-01-01 | 2027-12-31 | Global | Foundational products businesses (primarily Turbos & Thermal Technologies) | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 activity only: $8M recorded; cumulative $148M of $130-150M plan. Actions under this plan are complete; gross savings of $80-90M annually expected by 2027. No employee count disclosed. | ||
| 2025-12-31 | restructuring | in_progress | 2024-06-01 | 2026-12-31 | United States, Mexico, Asia, Europe | PowerDrive Systems | USD 31 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 activity only: $31M recorded; cumulative $44M of ~$75M plan. Primarily employee termination benefits and equipment relocation. Annual cost savings of ~$100M expected by 2026. No employee count disclosed. | ||
| 2025-12-31 | restructuring | in_progress | 2025-01-01 | Europe, China, Global | Turbos & Thermal Technologies, Corporate, and other segments | USD 62 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2025 activity: $62M for individually approved actions, primarily employee termination benefits. Includes $42M in Turbos & Thermal Technologies, $15M in Battery & Charging Systems, $5M in Corporate. No employee count disclosed. | |||
| 2025-12-31 | plant_closure | completed | 2025-02-01 | 2025-06-30 | Global (including China, Europe, North America) | Battery & Charging Systems — charging business | USD 32 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Decision made February 2025; production ceased Q2 2025. $32M charges in FY2025 including $22M loss on sale of SSE business, $9M inventory write-off. Additional $39M in impairments (intangibles, goodwill, fixed assets). Expected to eliminate ~$30M annualized adjusted operating losses by 2026. No employee count disclosed. | ||
| 2025-12-31 | restructuring | in_progress | 2025-01-01 | 2026-12-31 | North America | Battery & Charging Systems — North American battery systems business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Consolidation of North American battery systems business footprint to align cost structure with market dynamics. Expected annual cost savings of ~$20M by 2026. No separate charge or employee count disclosed. | |||
| 2025-12-31 | restructuring | completed | 2023-01-01 | Global | Foundational products businesses | USD 8 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2023 Structural Costs Plan. Actions under this plan are complete. $8 million recorded in 2025. | |||
| 2025-12-31 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 31 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2024 Structural Costs Plan. $31 million recorded in 2025. | |||
| 2025-12-31 | restructuring | in_progress | 2025-01-01 | Global | Various | USD 62 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Individually approved restructuring actions recorded in 2025. | |||
| 2025-12-31 | restructuring | in_progress | 2023-01-01 | 2027-12-31 | Global | Foundational products businesses | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan. $8 million recorded in 2025. Actions under this plan are complete. | ||
| 2025-12-31 | restructuring | in_progress | 2024-06-01 | 2026-12-31 | Global | PowerDrive Systems | USD 31 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2024 Structural Costs Plan. $31 million recorded in 2025. Includes realignment of manufacturing footprint. | ||
| 2025-12-31 | restructuring | in_progress | 2025-01-01 | Global | Various | USD 62 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Individually approved restructuring actions recorded in 2025. | |||
| 2025-12-31 | plant_closure | completed | 2025-02-01 | 2025-06-30 | Global | Battery & Charging Systems | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Exit of charging business. Production operations ceased during Q2 2025. | |||
| 2025-12-31 | restructuring | in_progress | 2025-01-01 | 2026-12-31 | North America | Battery & Charging Systems | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Consolidation of North American battery systems business. | |||
| 2025-12-31 | restructuring | in_progress | USD 101,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2025-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 78,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Other Restructuring [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | 2024 Restructuring Plan [Member] | USD 31,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Consolidation Restructuring Efforts [Member] / 2023 Restructuring Plan [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 42,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 39,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Contractual Settlement [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Other Actions [Member] / Battery & Charging Systems [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-12-31 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Battery & Charging Systems [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2024-06-30 | United States, Mexico, Asia, Europe | PowerDrive Systems | USD 29 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $75M plan addressing PowerDrive Systems cost structure; $29M charged YTD 2025. Primarily employee termination benefits and equipment relocation. No employee count disclosed. | |||
| 2025-09-30 | restructuring | in_progress | 2025-01-01 | United States, China, Europe | Turbos & Thermal Technologies; Drivetrain & Morse Systems; Battery & Charging Systems | USD 34 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved restructuring actions; $34M charged YTD 2025. Includes consolidation of North American battery systems footprint and exit of charging business. No employee count disclosed. | |||
| 2025-09-30 | plant_closure | completed | 2025-02-01 | 2025-06-30 | Global | Battery & Charging Systems | USD 32 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit of charging business; production ceased Q2 2025. $32M in charges YTD 2025 including $22M loss on SSE sale, $9M inventory write-off, and $39M impairments. No employee count disclosed. | ||
| 2025-09-30 | restructuring | completed | 2023-01-01 | 2025-09-30 | Europe, China, United States | Foundational products businesses | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | $130M–$150M plan; actions complete. $8M charged YTD 2025 (residual). Cumulative $148M incurred. No employee count disclosed. | ||
| 2025-09-30 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Cost Plan; charges primarily related to employee termination benefits and equipment relocation. | |||
| 2025-09-30 | restructuring | completed | 2023-01-01 | Global | Foundational products | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Cost Plan; actions under this plan are complete. | |||
| 2025-09-30 | restructuring | in_progress | Global | Various | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved restructuring actions. | ||||
| 2025-09-30 | plant_closure | completed | 2025-02-01 | Global | Battery & Charging Systems | USD 32 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Exit of charging business; production operations ceased in Q2 2025. | |||
| 2025-09-30 | restructuring | in_progress | USD 23,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Other Restructuring [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Consolidation Restructuring Efforts [Member] / Other Actions [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Contractual Settlement [Member] / Other Actions [Member] / Turbos & Thermal Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Contractual Settlement [Member] / Other Actions [Member] / Drivetrain & Morse Systems [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Employee Severance [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Other Actions [Member] / Battery & Charging Systems [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-09-30 | restructuring | in_progress | Employee Severance [Member] / Other Actions [Member] / Battery & Charging Systems [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 2024-06-30 | United States, Asia, Europe | PowerDrive Systems | USD 17 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2025-06-30 charge of $17M ($1M in Q2) under a ~$75M plan addressing PowerDrive Systems cost structure; includes $9M employee termination benefits and $8M equipment relocation. No employee count disclosed. | |||
| 2025-06-30 | restructuring | completed | 2023-01-01 | Europe, China, United States | Foundational products businesses (Turbos & Thermal Technologies, Drivetrain & Morse Systems, PowerDrive Systems) | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Six months ended 2025-06-30 charge of $8M; actions under the $130M–$150M plan are complete (cumulative $148M incurred). No employee count disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2025-01-01 | Europe, China | Turbos & Thermal Technologies | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved restructuring actions recorded in Q2 and YTD 2025: $10M, comprising $8M employee termination benefits and $2M contractual settlement for facilities in Europe and China. No employee count disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2025-01-01 | United States, China | Battery & Charging Systems | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved restructuring costs of $11M YTD 2025 ($5M in Q2), primarily $9M employee termination benefits for U.S. and China facilities, including consolidation of the North American battery systems footprint and exit of the charging business. No employee count disclosed. | |||
| 2025-06-30 | plant_closure | completed | 2025-02-01 | 2025-06-30 | China and other locations | Battery & Charging Systems — charging business (incl. Hubei Surpass Sun Electric) | USD 32 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made February 2025; production ceased Q2 2025. YTD charges of $32M (incl. $22M loss on SSE sale, $9M inventory write-off). Expected to eliminate ~$30M annualized adjusted operating losses by 2026. No employee count disclosed. | ||
| 2025-06-30 | plant_closure | in_progress | 2025-02-01 | 2026-12-31 | North America | Battery & Charging Systems — battery systems business | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision to consolidate the North American battery systems business footprint; expected annual cost savings of ~$20M by 2026. Related impairment charges of $4M fixed assets recorded YTD 2025. No employee count disclosed. | |||
| 2025-06-30 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Cost Plan; $1M charge in Q2 2025. Cumulative charges $30M. | |||
| 2025-06-30 | restructuring | completed | 2023-01-01 | Global | Foundational products | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Cost Plan; $8M charge in H1 2025. Actions under this plan are complete. | |||
| 2025-06-30 | restructuring | in_progress | Global | Various | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved restructuring actions in Q2 2025. | ||||
| 2025-06-30 | restructuring | in_progress | Global | Various | USD 23 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved restructuring actions in H1 2025. | ||||
| 2025-06-30 | plant_closure | completed | 2025-02-01 | Global | Battery & Charging Systems | USD 32 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Exit of charging business; production ceased Q2 2025. Includes $22M loss on sale of SSE business and $9M inventory write-off. | |||
| 2025-06-30 | restructuring | in_progress | North America | Battery & Charging Systems | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Consolidation of North American battery systems business footprint. | |||||
| 2025-06-30 | restructuring | in_progress | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Other [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 2024 Restructuring Plan [Member] | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2024 Restructuring Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Contractual Settlement [Member] / 2024 Restructuring Plan [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2024 Restructuring Plan [Member] / Battery & Charging Systems [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 2024-06 | United States, Asia, Europe | PowerDrive Systems | USD 75 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan addresses PowerDrive Systems cost structure due to EV adoption volatility; may include manufacturing footprint realignment. $16M charged in Q1 2025; $29M cumulative. No employee count disclosed. | |||
| 2025-03-31 | restructuring | completed | 2023 | Europe, China, United States | Foundational products businesses (Turbos & Thermal Technologies, Drivetrain & Morse Systems) | USD 140 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan range $130M–$150M; $148M cumulative charges incurred. Actions declared complete. $8M charged in Q1 2025. No employee count disclosed. | |||
| 2025-03-31 | restructuring | in_progress | 2025-02 | 2025-06-30 | Global | Battery & Charging Systems — charging business exit | USD 26 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Exit expected substantially complete in Q2 2025. $26M charges in Q1 2025 ($19M held-for-sale loss + $7M inventory write-off), plus $39M impairment charges (intangibles, goodwill, fixed assets). No employee count disclosed. | ||
| 2025-03-31 | restructuring | in_progress | 2025-02 | North America | Battery & Charging Systems — battery systems business consolidation | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Consolidation of North American battery systems business footprint; expected annual cost savings of ~$20M by 2026. Part of $7M individually approved restructuring charges in Q1 2025. No employee count disclosed. | ||||
| 2025-03-31 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 16 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Cost Plan; charges include employee termination benefits and equipment relocation. | |||
| 2025-03-31 | restructuring | in_progress | 2023-01-01 | Global | Foundational products | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Cost Plan; actions under this plan are complete. | |||
| 2025-03-31 | restructuring | in_progress | 2025-02-01 | North America | Battery & Charging Systems | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Individually approved actions including consolidation of North American battery systems footprint and exit of charging business. | |||
| 2025-03-31 | restructuring | in_progress | USD 31,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2025-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Other [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 2024 Restructuring Plan [Member] | USD 29,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2025-03-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2023-01-01 | 2027-12-31 | Global | Foundational products businesses | USD 61 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan with $130M–$150M total expected cost; $61M recorded in FY2024; cumulative $140M through FY2024. Gross savings of $80M–$90M annually expected by 2027. Employee count not disclosed. | ||
| 2024-12-31 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately $75M total plan to address cost structure due to EV adoption volatility; may include manufacturing footprint realignment. $13M recorded in FY2024. Annual cost savings of ~$100M expected by 2026. Employee count not disclosed. | |||
| 2024-12-31 | restructuring | in_progress | 2023-01-01 | 2027-12-31 | Global | Foundational products businesses | USD 61 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2023 Structural Costs Plan; $61M recorded in 2024. Total plan $130M-$150M. | ||
| 2024-12-31 | restructuring | in_progress | 2024-06-01 | 2026-12-31 | Global | PowerDrive Systems | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2024 Structural Costs Plan; $13M recorded in 2024. Total plan $75M. | ||
| 2024-12-31 | restructuring | in_progress | 2023 | 2027 | Global | Foundational products businesses | USD 61 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan. Total plan cost $130M-$150M. $61M recorded in 2024. Cumulative incurred $140M. Expected annual savings $80M-$90M by 2027. | ||
| 2024-12-31 | restructuring | in_progress | 2024-06 | 2026 | Global | PowerDrive Systems | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | 2024 Structural Costs Plan. Total plan cost $75M. $13M recorded in 2024. Expected annual savings $100M by 2026. | ||
| 2024-12-31 | restructuring | in_progress | USD 74,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2024-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Other [Member] | USD 31,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2024 Restructuring Plan [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 61,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / 2023 Restructuring Plan [Member] / Drivetrain & Morse Systems [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-12-31 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2023-01-01 | Global | Foundational products businesses | USD 130 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan sized at $130M–$150M; $52M charged in nine months 2024, $18M in Q3 2024; cumulative $131M to date. No employee count disclosed. | |||
| 2024-09-30 | restructuring | in_progress | 2024-06-01 | Global | PowerDrive Systems | USD 75 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately $75M plan addressing PowerDrive Systems cost structure due to market volatility; may include manufacturing footprint realignment. $13M charged in nine months 2024, $3M in Q3 2024. Expected annual savings ~$100M by 2026. No employee count disclosed. | |||
| 2024-09-30 | other | completed | United States | New York facility | USD 4 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Ratification bonuses recorded for a collective bargaining agreement at a New York facility; number of covered employees not disclosed. | ||||
| 2024-09-30 | restructuring | in_progress | 2023-01-01 | 2027-12-31 | Global | Foundational products | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan. Q3 2024 charge of $18M. Total plan range $130M-$150M. Cumulative charges $131M. Savings expected by 2027. | ||
| 2024-09-30 | restructuring | in_progress | 2024-06-01 | 2026-12-31 | Global | PowerDrive Systems | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Costs Plan. Q3 2024 charge of $3M. Total plan approx $75M. Savings expected by 2026. | ||
| 2024-09-30 | other | completed | 2024-09-30 | 2024-09-30 | New York | Manufacturing | USD 4 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Collective bargaining agreement ratification bonus expense of $4M recorded in Q3 2024. | ||
| 2024-09-30 | restructuring | in_progress | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Other [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 16,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Turbos & Thermal Technologies [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Drivetrain & Morse Systems [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-09-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2024 Restructuring Plan [Member] / PowerDrive Systems [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 2023-01-01 | Global | Foundational products businesses (primarily Air Management) | USD 130 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan sized at $130M-$150M; $34M charged in six months ended 2024-06-30; $113M cumulative. Employee counts not disclosed. | |||
| 2024-06-30 | restructuring | in_progress | 2024-06-01 | Global | ePropulsion | USD 75 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approved June 2024 due to increased market volatility; $10M charged in Q2 2024; expected annual savings ~$100M by 2026. Employee counts not disclosed. | |||
| 2024-06-30 | restructuring | in_progress | 2023-01-01 | 2027-12-31 | Global | Foundational products businesses | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan; $15M recorded in Q2 2024. Total plan range $130M-$150M. Employee count not disclosed. | ||
| 2024-06-30 | restructuring | in_progress | 2024-06-01 | 2026-12-31 | Global | ePropulsion | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2024 Structural Costs Plan; $10M recorded in Q2 2024. Total plan approx $75M. Employee count not disclosed. | ||
| 2024-06-30 | restructuring | in_progress | USD 25,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Other [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Air Management [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-06-30 | restructuring | in_progress | Professional Fees and Equipment Relocation Costs [Member] / 2023 Restructuring Plan [Member] / Air Management [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 2023-01-01 | Global | Air Management | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Structural Costs Plan; $9M recorded in Q1 2024 for Air Management, primarily employee termination benefits in Europe, China and the U.S. | |||
| 2024-03-31 | restructuring | in_progress | 2023-01-01 | Europe | Drivetrain & Battery Systems | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Structural Costs Plan; $7M recorded in Q1 2024, primarily employee termination benefits for a program in Europe. | |||
| 2024-03-31 | restructuring | in_progress | 2023-01-01 | Global | ePropulsion | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Structural Costs Plan; $3M recorded in Q1 2024, primarily contract cancellations and equipment relocation costs. | |||
| 2024-03-31 | restructuring | in_progress | 2023-01-01 | 2027-12-31 | Global | Foundational products businesses | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan. $19M recorded in Q1 2024. Cumulative charges $98M. Expected annual gross savings $80M-$90M by 2027. Employee count not disclosed. | ||
| 2024-03-31 | restructuring | in_progress | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2024-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Other [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2024-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / 2023 Restructuring Plan [Member] / Air Management [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 200 | 2023-01-01 | Europe | Air Management | USD 74 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Announced closure of a facility in Europe affecting approximately 200 employees; $74M recorded in FY2023. Part of a $130–150M multi-year plan to address structural costs in Foundational products businesses. | ||
| 2023-12-31 | restructuring | in_progress | 2023-01-01 | Global | Drivetrain & Battery Systems | USD 4 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits and equipment moves; $4M recorded in FY2023 under the $130–150M plan. | |||
| 2023-12-31 | restructuring | in_progress | 2023-01-01 | Global | ePropulsion | USD 1 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Primarily employee termination benefits; $1M recorded in FY2023 under the $130–150M plan. | |||
| 2023-12-31 | divestiture_reduction | completed | 2023-07-03 | 2023-07-03 | Global | Fuel Systems and Aftermarket segments | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Spin-off of Fuel Systems and Aftermarket segments into PHINIA Inc.; headcount associated with these segments removed from continuing operations. Headcount count not disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-03-01 | 2023-03-01 | China | Air Management | USD 42 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of EV solution, smart grid and smart energy businesses; total consideration $42M. Headcount added not disclosed. | ||
| 2023-12-31 | acquisition_addition | completed | 2023-12-01 | 2023-12-01 | Italy | ePropulsion | USD 78 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of electric hybrid systems business segment; $78M paid at closing with up to $191M earn-out. Headcount added not disclosed. | ||
| 2023-12-31 | restructuring | in_progress | 2023-01-01 | Global | Foundational products businesses | USD 79 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2023 Structural Costs Plan. $130-$150 million plan. $79 million recorded in 2023. Employee count not disclosed. | |||
| 2023-12-31 | restructuring | completed | 200 | Europe | Air Management | USD 74 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of facility in Europe affecting approximately 200 employees. Part of 2023 Structural Costs Plan. | |||
| 2023-12-31 | restructuring | in_progress | 2023-01-01 | Global | Foundational products businesses | USD 79 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan: $130-$150 million plan announced in 2023. $79 million recorded in 2023, primarily employee termination benefits. Specific employee count not disclosed in aggregate, though Air Management closure affected approx 200 employees. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-12-01 | 2023-12-01 | Italy | ePropulsion | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Eldor Corporation's electric hybrid systems business. Employee count not disclosed. | |||
| 2023-12-31 | acquisition_addition | completed | 2023-03-01 | 2023-03-01 | China | Air Management | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Hubei Surpass Sun Electric Charging Business. Employee count not disclosed. | |||
| 2023-12-31 | restructuring | in_progress | USD 79,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2023-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 70,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | Other [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 79,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | One-time Termination Benefits [Member] / 2020 Restructuring Plan [Member] / Air Management [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 200 | Employee Severance [Member] / 2023 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-12-31 | restructuring | in_progress | 74 | 2020 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2023-09-30 | plant_closure | in_progress | 200 | Europe | Air Management | USD 66 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Under the 2023 Structural Costs Plan ($130M–$150M total). Air Management recorded $66M restructuring expense in the nine months ended 2023-09-30 ($54M in Q3), primarily severance tied to the announced closure of a European facility affecting about 200 employees. Announcement date and completion date not specified beyond 'in 2023'. | |||
| 2023-09-30 | restructuring | in_progress | Drivetrain & Battery Systems | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2023 Structural Costs Plan actions in this segment comprised employee termination benefits and equipment moves; $2M recorded in both the three and nine months ended 2023-09-30. Employee count not disclosed. | |||||
| 2023-09-30 | other | in_progress | 2023-09-01 | North America | Corporate | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | UAW strikes commenced in September 2023 and expanded in October 2023 to facilities BorgWarner supplies; tentative agreements reached with Ford, Stellantis and GM in late October 2023, not yet ratified. Pre-strike, aggregate sales to these three customers in North America were expected to be just under $250M per month on average during 2023. Employees affected not quantified; announcement date approximate (month only). | ||||
| 2023-09-30 | restructuring | in_progress | 200 | 2023-01-01 | Europe | Air Management | USD 54 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2023 Structural Costs Plan; primarily employee termination benefits associated with facility closure. | ||
| 2023-09-30 | restructuring | in_progress | 2023-01-01 | Drivetrain & Battery Systems | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2023 Structural Costs Plan; primarily employee termination benefits and equipment moves. | ||||
| 2023-09-30 | voluntary_separation | completed | 47 | 2020-01-01 | Air Management | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2020 Structural Costs Plan; voluntary termination program accepted in 2022. | |||
| 2023-09-30 | restructuring | in_progress | USD 56,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | Other [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 56,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-09-30 | restructuring | in_progress | 200 | Employee Severance [Member] / 2023 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2023-01-01 | Global | Foundational product businesses (Air Management, Fuel Systems, Drivetrain & Battery Systems) | USD 130 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plan range disclosed as $130M to $150M; $12M recorded in six months ended 2023-06-30. No employee count disclosed. Announcement date approximate (announced during 2023). | |||
| 2023-06-30 | divestiture_reduction | completed | 2023-07-03 | Global | Fuel Systems and Aftermarket segments (spun off as PHINIA, Inc.) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Spin-off completed 2023-07-03 (subsequent to quarter end); no headcount associated with the spin-off disclosed. $48M of Spin-Off professional fees recorded in Q2 2023. | ||||
| 2023-06-30 | acquisition_addition | completed | 2023-03-01 | 2023-03-01 | China | Air Management (EV charging, smart grid, smart energy businesses of Hubei Surpass Sun Electric) | USD 42 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Total consideration $42M; no employee headcount acquired disclosed. | ||
| 2023-06-30 | acquisition_addition | announced | 2023-06-19 | 2023-09-30 | Italy | ePropulsion (Electric Hybrid Systems business of Eldor Corporation) | USD 82 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price €75M ($82M) at closing plus up to €175M ($191M) contingent over 2 years; expected to close Q3 2023. No headcount disclosed. | ||
| 2023-06-30 | restructuring | in_progress | 2023-01-01 | Global | Foundational product businesses | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan: $9M recorded in Q2 2023, primarily related to employee severance. Total plan range $130M-$150M. | |||
| 2023-06-30 | restructuring | in_progress | 2020-01-01 | Global | Various | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2020 Structural Costs Plan: $3M recorded in Q2 2023. Actions under this plan are complete. | |||
| 2023-06-30 | restructuring | in_progress | 2023-01-01 | Global | Foundational product businesses | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2023 Structural Costs Plan: $12M recorded YTD 2023, primarily related to employee severance. | |||
| 2023-06-30 | restructuring | in_progress | 2020-01-01 | Global | Various | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2020 Structural Costs Plan: $7M recorded YTD 2023. Actions under this plan are complete. | |||
| 2023-06-30 | restructuring | in_progress | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | Other [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2023 Restructuring Plan [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Global | Air Management; Fuel Systems | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2023 restructuring expense of $7M ($6M employee termination benefits, $1M other); no employee count disclosed. Includes $4M for individually approved actions primarily related to headcount reductions, plus $3M under the 2020 Structural Costs Plan (Air Management) and $4M under the 2019 Legacy Delphi Technologies Plan (Fuel Systems). | ||||
| 2023-03-31 | divestiture_reduction | announced | 2022-12-06 | 2023-09-30 | Global | Fuel Systems and Aftermarket segments | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Tax-free spin-off of Fuel Systems and Aftermarket segments into a separate public company; expected completion by end of Q3 2023. No headcount associated with the separation disclosed. | |||
| 2023-03-31 | acquisition_addition | completed | 2023-03-01 | 2023-03-01 | China | Air Management | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of EV solution, smart grid and smart energy businesses completed 2023-03-01 for total consideration of $42M; no employee count disclosed. | |||
| 2023-03-31 | restructuring | in_progress | 2020-02-01 | Global | Air Management | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2020 Structural Costs Plan; primarily voluntary termination program. | |||
| 2023-03-31 | restructuring | in_progress | 2020-02-01 | Global | Fuel Systems | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2020 Structural Costs Plan; primarily reductions in headcount. | |||
| 2023-03-31 | restructuring | in_progress | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2023-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Other [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | One-time Termination Benefits [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2023-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / 2020 Restructuring Plan [Member] / Air Management [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-12-31 | voluntary_separation | completed | 74 | 2022 | 2022-12-31 | Air Management | USD 18 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Two voluntary termination programs under the 2020 Structural Costs Plan; segment recorded $26 million of total restructuring under the plan in FY2022. MD&A separately cites $18 million for individually approved FY2022 actions primarily involving headcount reductions, believed to be the same programs. | ||
| 2022-12-31 | plant_closure | in_progress | 80 | 2022 | Europe | e-Propulsion & Drivetrain | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Severance costs associated with the announced closure of a technical center in Europe; separate from the 2020 Structural Costs Plan. | ||
| 2022-12-31 | restructuring | in_progress | 2022 | e-Propulsion & Drivetrain | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2022 activity under the 2020 Structural Costs Plan, primarily contractual settlements and professional fees; employees affected not disclosed. 2020 plan substantially complete at 2022-12-31 with $36 million of FY2022 charges and $287 million cumulative. | ||||
| 2022-12-31 | restructuring | in_progress | 2022 | Fuel Systems | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2022 restructuring costs primarily for equipment relocation and professional fees; employees affected not disclosed. | ||||
| 2022-12-31 | restructuring | completed | 2019 | 2022-12-31 | Fuel Systems | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2022 activity under the 2019 Legacy Delphi Technologies Plan (employee severance and equipment moves); actions under this plan are substantially complete. Cumulative charges since 2020-10-01 of $67 million; only the FY2022 portion captured here. | |||
| 2022-12-31 | acquisition_addition | completed | 2022-03-31 | 2022-03-31 | China | e-Propulsion & Drivetrain | USD 192 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Santroll Automotive Components (eMotor business carve-out); total final consideration $192 million. Employees added not disclosed. | ||
| 2022-12-31 | acquisition_addition | completed | 2022-07-29 | 2022-07-29 | North America | Air Management | USD 131 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Rhombus Energy Solutions (charging solutions); $131 million paid at closing plus up to $30 million contingent earn-out. Employees added not disclosed. | ||
| 2022-12-31 | acquisition_addition | completed | 2022-12-01 | 2022-12-01 | Switzerland | Air Management | USD 29 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Drivetek AG (engineering and product development); $29 million paid at closing plus up to $10 million contingent earn-out. Employees added not disclosed. | ||
| 2022-12-31 | acquisition_addition | completed | 2022-02-10 | 2022-02-10 | Germany | e-Propulsion & Drivetrain | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed merger squeeze-out to reach 100% ownership of AKASOL AG (previously 93%); minority shares settled in Q1 2022. Employees added not disclosed. | |||
| 2022-12-31 | divestiture_reduction | announced | 2022-12-06 | 2023 | Fuel Systems; Aftermarket | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Intention announced to execute a tax-free spin-off of the Fuel Systems and Aftermarket segments into a separate public company, expected to complete in late 2023 subject to customary conditions. Employees affected not disclosed; $54 million of professional fees related to the separation recorded in FY2022 (part of $40 million net merger, acquisition and divestiture expense). | ||||
| 2022-12-31 | restructuring | completed | 2020-02-01 | Global | Multiple | USD 36 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2020 Structural Costs Plan. $36 million recorded in 2022. Plan substantially complete. | |||
| 2022-12-31 | restructuring | completed | 2019-01-01 | Global | Multiple | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | 2019 Legacy Delphi Technologies Plan. $5 million recorded in 2022. Actions substantially complete. | |||
| 2022-12-31 | restructuring | completed | 2022-01-01 | Global | Multiple | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Individual restructuring actions approved in 2022, primarily related to reductions in headcount. | |||
| 2022-12-31 | restructuring | completed | 2020-02 | 2022-12-31 | Global | Various | USD 36 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2020 Structural Costs Plan. $36M recorded in 2022. Plan substantially complete as of Dec 31, 2022. Cumulative charges $287M. | ||
| 2022-12-31 | restructuring | completed | 2019 | 2022-12-31 | Global | Various | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2019 Legacy Delphi Technologies Plan. $5M recorded in 2022. Actions substantially complete. | ||
| 2022-12-31 | restructuring | completed | 2022 | 2022-12-31 | Global | Various | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Individual restructuring actions approved in 2022 primarily related to specific reductions in headcount. | ||
| 2022-12-31 | voluntary_separation | completed | 74 | 2022 | 2022-12-31 | Air Management | Air Management | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Two voluntary termination programs in Air Management segment under 2020 Structural Costs Plan. | |
| 2022-12-31 | plant_closure | completed | 80 | 2022 | 2022-12-31 | Europe | e-Propulsion & Drivetrain | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of a technical center in Europe affecting approximately 80 employees. | |
| 2022-12-31 | restructuring | in_progress | USD 59,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2022-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 40,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Other [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | One-time Termination Benefits [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 36,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | One-time Termination Benefits [Member] / 2020 Restructuring Plan [Member] / Air Management [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] / e-Propulsion & Drivetrain [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 74 | 2020 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-12-31 | restructuring | in_progress | 80 | Europe [Member] / Facility Closing [Member] / e-Propulsion & Drivetrain [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2022-09-30 | voluntary_separation | in_progress | 47 | 2022-12-31 | Air Management | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program under the 2020 Structural Costs Plan; approximately 47 employees accepted termination packages in 2022. Charge of $11 million recorded during the nine months ended September 30, 2022. | |||
| 2022-09-30 | plant_closure | in_progress | 80 | Europe | e-Propulsion & Drivetrain | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs associated with the announced closure of a technical center in Europe affecting approximately 80 employees; $14 million recorded during the nine months ended September 30, 2022. | |||
| 2022-09-30 | restructuring | in_progress | 2022-12-31 | Fuel Systems | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring costs during the nine months ended September 30, 2022 primarily related to equipment relocation and professional fees; no employee count disclosed. | ||||
| 2022-09-30 | restructuring | in_progress | 2022-12-31 | Corporate | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Individually approved restructuring actions during the nine months ended September 30, 2022 totaling $18 million, primarily related to specific reductions in headcount; no employee count disclosed. | |||||
| 2022-09-30 | restructuring | in_progress | 47 | 2020-02-01 | 2022-12-31 | Air Management | Air Management | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program under 2020 Structural Costs Plan; approximately 47 employees accepted packages in 2022. | |
| 2022-09-30 | restructuring | in_progress | 80 | Europe | e-Propulsion & Drivetrain | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of a technical center in Europe affecting approximately 80 employees. | |||
| 2022-09-30 | restructuring | in_progress | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Other [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | One-time Termination Benefits [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2020 Restructuring Plan [Member] / Air Management [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | e-Propulsion & Drivetrain [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | 47 | 2020 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-09-30 | restructuring | in_progress | 80 | Europe [Member] / Facility Closing [Member] / e-Propulsion & Drivetrain [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | voluntary_separation | completed | 36 | Air Management | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program under 2020 Structural Costs Plan; approximately 36 employees accepted packages during 2022 | ||||
| 2022-06-30 | plant_closure | in_progress | 80 | Europe | e-Propulsion & Drivetrain | USD 14 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance costs associated with announced closure of a technical center in Europe affecting approximately 80 employees; charge recorded in six months ended June 30, 2022 | |||
| 2022-06-30 | restructuring | in_progress | 2022-12-31 | Fuel Systems | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2019 Legacy Delphi Technologies Plan; primarily employee severance and equipment moves during six months ended June 30, 2022; no employee count disclosed | ||||
| 2022-06-30 | restructuring | in_progress | 2022-12-31 | e-Propulsion & Drivetrain | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 2020 Structural Costs Plan; contractual settlements and professional fees during six months ended June 30, 2022; no employee count disclosed | ||||
| 2022-06-30 | acquisition_addition | completed | 2022-03-31 | China | e-Propulsion & Drivetrain | USD 212 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Santroll Automotive Components eMotor business; total consideration $212M; no headcount disclosed | |||
| 2022-06-30 | divestiture_reduction | completed | 2022-02-01 | Corporate | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of 60% interest in BorgWarner Romeo Power LLC completed February 2022 for $29M; no headcount disclosed | |||||
| 2022-06-30 | acquisition_addition | announced | 2022-07-29 | North America | USD 130 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Rhombus Energy Solutions; $130M paid at closing plus up to $55M contingent over three years; no headcount disclosed | ||||
| 2022-06-30 | restructuring | in_progress | 36 | 2020-02-01 | 2022-12-31 | Air Management | Air Management | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program under 2020 Structural Costs Plan; 36 employees accepted packages in 2022. | |
| 2022-06-30 | restructuring | in_progress | 80 | Europe | e-Propulsion & Drivetrain | USD 14 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of a technical center in Europe affecting approximately 80 employees. | |||
| 2022-06-30 | restructuring | in_progress | USD 27,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 22,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Other [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / 2020 Restructuring Plan [Member] / Air Management [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | e-Propulsion & Drivetrain [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 36 | 2020 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-06-30 | restructuring | in_progress | 80 | Europe [Member] / Facility Closing [Member] / e-Propulsion & Drivetrain [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | voluntary_separation | completed | 25 | 2022-12-31 | Air Management | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program under the 2020 Structural Costs Plan; approximately 25 employees accepted packages during 2022. Segment recorded $6M under the plan in Q1, primarily the $5M program charge. Plan runs through 2022 with $300M total expected costs. | |||
| 2022-03-31 | plant_closure | in_progress | 2022-12-31 | Europe | e-Propulsion & Drivetrain | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2022 charge related to an announced closure of a facility in Europe, covering contractual settlements, professional fees and other costs; employee counts not disclosed. Part of the 2020 Structural Costs Plan running through 2022. | |||
| 2022-03-31 | restructuring | in_progress | Air Management | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2022 severance costs under the legacy Delphi Technologies plan; majority of actions under the program have been completed. Cumulative charges of $64M since October 1, 2020. | |||||
| 2022-03-31 | restructuring | in_progress | Fuel Injection | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2022 charges for statutory minimum and incremental one-time termination benefits negotiated with local labor authorities; employee counts not disclosed. | |||||
| 2022-03-31 | acquisition_addition | completed | 2022-03-31 | China | e-Propulsion & Drivetrain | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Santroll Automotive Components (eMotor business carve-out) completed March 31, 2022 for $212M total consideration; headcount added not disclosed. | ||||
| 2022-03-31 | divestiture_reduction | completed | 2022-02-28 | Corporate (BorgWarner Romeo Power LLC joint venture) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of the Company's 60% interest in BorgWarner Romeo Power LLC completed in February 2022 for $29M; headcount removed not disclosed. Company also liquidated its Romeo Power, Inc. equity investment during Q1 2022. | |||||
| 2022-03-31 | voluntary_separation | completed | 25 | 2022-01-01 | 2022-03-31 | Global | Air Management | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2020 Structural Costs Plan; voluntary termination program. | |
| 2022-03-31 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Europe | e-Propulsion & Drivetrain | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Part of 2020 Structural Costs Plan; facility closure in Europe. Employee count not disclosed. | ||
| 2022-03-31 | restructuring | in_progress | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2022-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Other [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / 2020 Restructuring Plan [Member] / Air Management [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | Employee Severance [Member] / Delphi Technologies Restructuring [Member] / Air Management [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2022-03-31 | restructuring | in_progress | 25 | 2020 Restructuring Plan [Member] / Air Management [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Multiple segments and corporate | USD 103 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Feb 2020 plan to address structural costs; $103M charged in FY2021, cumulative $251M, expected total $300M through 2022. Annual gross savings expected $90M-$100M. | ||
| 2021-12-31 | restructuring | in_progress | 2019-01-01 | 2022-12-31 | Global | Fuel Injection (legacy Delphi Technologies) | USD 60 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Legacy Delphi Technologies plan to reshape technical center footprint; ~$60M charged in FY2021, cumulative $62M since Oct 2020 acquisition. Majority of actions completed. | ||
| 2021-12-31 | voluntary_separation | completed | 140 | 2021-01-01 | 2021-12-31 | Global | Air Management | USD 23 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 140 employees accepted voluntary termination packages during 2021. | |
| 2021-12-31 | plant_closure | in_progress | 2020-01-01 | 2022-12-31 | Europe | e-Propulsion & Drivetrain | USD 35 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2021 charges related to announced closure of a European facility; contractual settlements, professional fees and other costs. | ||
| 2021-12-31 | divestiture_reduction | completed | 2021-12-01 | 2021-12-31 | United States | e-Propulsion & Drivetrain (Water Valley, Mississippi facility) | USD 22 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement Dec 2021 to sell Water Valley facility and associated business for est. $57M; closed 2021-12-31 with $22M loss on divestiture. Water Valley had net sales of $177M in 2021. | ||
| 2021-12-31 | acquisition_addition | completed | 2021-06-04 | 2021-06-04 | Germany | Air Management (battery module and pack technology) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed 2021-06-04 acquisition of 89% of AKASOL for ~$788M; increased to 93% by year-end. Headcount added not disclosed. | |||
| 2021-12-31 | other | announced | 2022-02-15 | 2022-03-31 | China | e-Propulsion & Drivetrain (eMotor business) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Signed equity transfer agreement to acquire Santroll eMotor carve-out for up to $220M; expected to close Q1 2022. Headcount not disclosed. | |||
| 2021-12-31 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Global | USD 103 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | February 2020 restructuring plan to address existing structural costs. $103 million recorded in 2021. Total expected costs $300 million through 2022. | ||
| 2021-12-31 | restructuring | completed | 2019-01-01 | Global | Technical Centers | USD 60 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Legacy Delphi Technologies plan to reshape global technical center footprint. $60 million recorded in 2021. Majority of actions completed. | |||
| 2021-12-31 | restructuring | completed | 2020-10-01 | Global | Executive Officers | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition-related restructuring charges for Delphi Technologies executive officers and employee termination benefits. $54 million recorded in 2020, not 2021. | ||||
| 2021-12-31 | restructuring | in_progress | 2020-02 | 2022-12-31 | Global | Various | USD 103 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Plan announced in Feb 2020 to address structural costs. $103M recorded in 2021. Total expected cost $300M through 2022. | ||
| 2021-12-31 | restructuring | completed | 2019 | Global | Technical Centers | USD 60 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Legacy Delphi Technologies plan to reshape technical center footprint. $60M recorded in 2021. Majority of actions completed. | |||
| 2021-12-31 | plant_closure | completed | 2021 | 2021-12-31 | Europe | e-Propulsion & Drivetrain | USD 35 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Closure of e-Propulsion & Drivetrain facility in Europe. $35M in contractual settlements, professional fees, and other costs. | ||
| 2021-12-31 | voluntary_separation | completed | 140 | 2021 | 2021-12-31 | Global | Air Management | USD 23 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary termination program in Air Management segment. | |
| 2021-12-31 | restructuring | in_progress | USD 163,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2021-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 99,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Other [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 103,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 60,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | One-time Termination Benefits [Member] / Air Management [Member] | USD 23,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / Air Management [Member] | USD 25,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Employee Severance [Member] / Air Management [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / e-Propulsion & Drivetrain [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | Contractual Settlements, Professional Fees And Other Costs [Member] / e-Propulsion & Drivetrain [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-12-31 | restructuring | in_progress | 140 | Air Management [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Multiple segments | USD 81 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Feb 2020 structural cost plan; $81M charged YTD 2021 ($20M in Q3). Cumulative $229M of $300M expected through 2022. No employee count disclosed for 2021 actions. | ||
| 2021-09-30 | restructuring | in_progress | 2019-01-01 | Global | Fuel Injection (legacy Delphi Technologies technical centers) | USD 62 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy Delphi plan to realign technical center footprint; ~$62M charged YTD 2021, cumulative $64M since Oct 2020. Majority of actions completed. No employee count disclosed for 2021 actions. | |||
| 2021-09-30 | acquisition_addition | completed | 2021-06-04 | Germany | Air Management (battery module and pack) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | AKASOL acquisition completed 2021-06-04 at 89% ownership, increased to 93% by quarter-end. No headcount added disclosed. | ||||
| 2021-09-30 | divestiture_reduction | in_progress | 2021-01-01 | Americas | e-Propulsion & Drivetrain | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Business (disposal group) classified held for sale at 2021-09-30 as part of plan to divest internal combustion assets; $105M assets / $22M liabilities reclassified. No headcount disclosed. | ||||
| 2021-09-30 | plant_closure | in_progress | Europe | e-Propulsion & Drivetrain | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | European facility closure; $27M in contractual settlements, professional fees and other costs charged YTD 2021 ($4M in Q3). Employee count not disclosed for 2021 actions. | ||||
| 2021-09-30 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Corporate / All Segments | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2021 charge of $20M related to Feb 2020 plan to address structural costs. Total expected cost $300M through 2022. | ||
| 2021-09-30 | restructuring | in_progress | 2019-01-01 | Global | Air Management / e-Propulsion & Drivetrain / Fuel Injection | USD 31 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2021 charge of $31M ($10M Air Mgmt, $7M e-Prop, $29M Fuel Injection) related to legacy Delphi plan to reshape technical centers and reduce staff. | |||
| 2021-09-30 | plant_closure | in_progress | Europe | e-Propulsion & Drivetrain | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q3 2021 charge of $4M for contractual settlements and professional fees associated with announced closure of a facility in Europe. | ||||
| 2021-09-30 | voluntary_separation | in_progress | 350 | Global | Air Management | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Approximately 350 employees accepted termination packages under a voluntary termination program in Air Management. Q3 2021 charge $8M. | |||
| 2021-09-30 | plant_closure | in_progress | 200 | Europe | Air Management | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of a facility in Europe affecting approximately 200 employees. Q3 2021 charge $3M. | |||
| 2021-09-30 | plant_closure | in_progress | 350 | Europe | e-Propulsion & Drivetrain | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of a facility in Europe affecting approximately 350 employees. Q3 2021 charge $19M. | |||
| 2021-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 95,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Other [Member] | USD 48,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | USD 143,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-09-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 64,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Delphi Technologies [Member] | USD 62,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Severance Costs, Equipment Relocation and Professional Fees [Member] / e-Propulsion & Drivetrain [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-09-30 | restructuring | in_progress | Contractual Settlements, Professional Fees And Other Costs [Member] / e-Propulsion & Drivetrain [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Multiple segments and Corporate | USD 61 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Feb 2020 plan to address structural costs; $61M charged YTD 2021 ($37M in Q2 2021); cumulative $209M of expected $300M total through 2022. No employee count disclosed. | ||
| 2021-06-30 | restructuring | in_progress | 2019-01-01 | Global | Fuel Injection (legacy Delphi Technologies technical centers) | USD 31 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy Delphi Technologies plan to realign global technical center footprint and reduce salaried/contract staff; ~$31M charged YTD 2021, $33M cumulative since 2020-10-01. Additional charges expected subject to works council negotiations. No employee count disclosed. | |||
| 2021-06-30 | plant_closure | in_progress | Europe | e-Propulsion & Drivetrain | USD 23 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced closure of a European facility; $23M charged YTD 2021 ($19M in Q2 2021) for contractual settlements, professional fees and other costs. Prior-year disclosure referenced ~350 employees affected at this site; current-period count not restated. | ||||
| 2021-06-30 | voluntary_separation | in_progress | Global | Air Management | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program to reduce structural costs; $27M charged YTD 2021 in Air Management ($12M in Q2 2021 total segment restructuring). No current-period participant count disclosed. | ||||
| 2021-06-30 | acquisition_addition | completed | 2021-06-04 | 2021-06-04 | Europe | Air Management (battery pack / electrification) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Takeover offer completed 2021-06-04 for 89% of AKASOL, increased to 93% by quarter-end; $788M consideration. No headcount added disclosed. | |||
| 2021-06-30 | other | in_progress | 2021-08-02 | Europe | Air Management (AKASOL minority shareholders) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger squeeze-out process initiated 2021-08-02 to acquire remaining AKASOL minority shares; process expected to take several months. Cash compensation not yet determined. | ||||
| 2021-06-30 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Corporate / All Segments | USD 37 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | February 2020 plan to address structural costs. $37M charged in Q2 2021. Cumulative charges $209M; total expected $300M through 2022. | ||
| 2021-06-30 | restructuring | in_progress | 2019-01-01 | Global | Legacy Delphi Technologies | USD 31 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Legacy Delphi plan to reshape technical center footprint. $31M charged in H1 2021. Cumulative charges $33M since Oct 2020. Additional significant charges expected. | |||
| 2021-06-30 | plant_closure | completed | 200 | Europe | Air Management | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of facility in Europe affecting approximately 200 employees. Charge recorded in H1 2020 but referenced in context of ongoing restructuring activities. | |||
| 2021-06-30 | plant_closure | completed | 350 | Europe | e-Propulsion & Drivetrain | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of facility in Europe affecting approximately 350 employees. Charge recorded in H1 2020. | |||
| 2021-06-30 | voluntary_separation | completed | 350 | Global | Air Management | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program where approximately 350 employees accepted packages. Charge recorded in H1 2020. | |||
| 2021-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 57,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Other [Member] | USD 35,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | USD 92,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-06-30 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 37,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 33,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Delphi Technologies [Member] | USD 31,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / Air Management [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Delphi Technologies [Member] / Severance and Professional Fees [Member] / Air Management [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Severance and Professional Fees [Member] / e-Propulsion & Drivetrain [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Europe [Member] / Facility Closing [Member] / e-Propulsion & Drivetrain [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-06-30 | restructuring | in_progress | Delphi Technologies [Member] / Severance and Professional Fees [Member] / Fuel Injection [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Multiple segments | USD 300 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced Feb 2020 to address structural costs; $172M cumulative charges through Q1 2021; $24M charged in Q1 2021; expected annual gross savings of $90-100M; employee counts not disclosed. | ||
| 2021-03-31 | restructuring | in_progress | 2019-01-01 | 2021-03-31 | Global | Air Management, Fuel Injection (legacy Delphi Technologies technical centers) | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy Delphi Technologies plan to realign technical center footprint and reduce salaried/contract staff; ~$5M charged in Q1 2021; substantially complete as of 2021-03-31; employee counts not disclosed. | ||
| 2021-03-31 | plant_closure | in_progress | Europe | e-Propulsion & Drivetrain | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q1 2021 charges of $4M for professional fees and other costs associated with announced closure of a facility in Europe; employee counts not disclosed. | ||||
| 2021-03-31 | acquisition_addition | completed | 2020-01-28 | 2020-10-01 | Global | Air Management, e-Propulsion & Drivetrain, Fuel Injection, Aftermarket | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Delphi Technologies completed 2020-10-01; headcount added not disclosed in this filing. | |||
| 2021-03-31 | acquisition_addition | announced | 2021-02-15 | 2021-06-30 | Europe | e-Propulsion & Drivetrain (battery systems) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary public takeover offer at €120/share valuing AKASOL at ~€727M; expected close Q2 2021; headcount not disclosed. | |||
| 2021-03-31 | restructuring | in_progress | 2020-02-01 | 2022-12-31 | Global | Corporate / All Segments | USD 24 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Plan announced Feb 2020 to address structural costs. $24M recorded in Q1 2021. Cumulative charges $172M; total expected $300M through 2022. Employee count not disclosed. | ||
| 2021-03-31 | restructuring | completed | 2019-01-01 | 2021-03-31 | Global | Technical Centers / Salaried Staff | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Legacy Delphi plan to reshape technical center footprint. $5M recorded in Q1 2021. Actions substantially completed as of March 31, 2021. Employee count not disclosed. | ||
| 2021-03-31 | plant_closure | in_progress | 2021-03-31 | Europe | e-Propulsion & Drivetrain | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced closure of a facility in Europe. $4M recorded in Q1 2021 for professional fees and other costs. Employee count not disclosed. | |||
| 2021-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 21,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Other [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | USD 30,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2021-03-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 24,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Delphi Technologies Restructuring [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Delphi Technologies [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / Air Management [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Delphi Technologies [Member] / Severance and Professional Fees [Member] / Air Management [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Severance and Professional Fees [Member] / e-Propulsion & Drivetrain [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Europe [Member] / Facility Closing [Member] / e-Propulsion & Drivetrain [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2021-03-31 | restructuring | in_progress | Delphi Technologies [Member] / Severance and Professional Fees [Member] / Fuel Injection [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-12-31 | acquisition_addition | completed | 19,000 | 2020-01-28 | 2020-10-01 | Global | Air Management; e-Propulsion & Drivetrain; Fuel Injection; Aftermarket | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 19,000 employees added through the Delphi Technologies acquisition completed October 1, 2020; included in the 49,700 year-end total. Transaction Agreement dated January 28, 2020. | ||
| 2020-12-31 | restructuring | in_progress | 2020-02 | 2022-12-31 | Global | Company-wide | USD 148 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Cost restructuring plan announced February 2020; $148M recorded in FY2020 of an expected $300M total through 2022, with expected annual gross savings of $90M to $100M. Employee count not disclosed for the plan overall; may encompass the European facility closures listed separately. Air Management also recorded a voluntary termination program within its FY2020 restructuring expense without a disclosed headcount. | ||
| 2020-12-31 | plant_closure | in_progress | 200 | Europe | Air Management | USD 19 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of one European facility affecting approximately 200 employees; charges cover statutory minimum benefits and negotiated one-time termination benefits. Announcement date and completion date not disclosed. | |||
| 2020-12-31 | plant_closure | in_progress | 350 | Europe | e-Propulsion & Drivetrain | USD 55 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of a second European facility affecting approximately 350 employees. MD&A states the two European closures together affect approximately 550 employees. Announcement date and completion date not disclosed. | |||
| 2020-12-31 | restructuring | in_progress | 2019 | 2021-12-31 | Global | Legacy Delphi Technologies — global technical center footprint and salaried/contract staff | USD 54 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Plan announced by legacy Delphi Technologies in 2019 and assumed in the October 2020 acquisition; $54M recorded in Q4 2020 (FY2020 activity only). Expected charges of up to $175M in total, with the majority of actions expected complete by end of 2021. Separately, $44M of corporate restructuring expense was recorded in FY2020 for contractually required Delphi executive severance and termination benefits. | ||
| 2020-12-31 | acquisition_addition | announced | 2021-02-15 | 2021-06-30 | Germany | Battery systems (AKASOL AG) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Post-year-end voluntary public takeover offer at EUR 120.00 per share valuing AKASOL at approximately EUR 727 million; holders of about 59% committed to accept. Headcount not disclosed; expected close in Q2 2021. | |||
| 2020-12-31 | restructuring | in_progress | 2020-02 | 2022-12-31 | Global | Multiple segments | USD 148 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Cost restructuring plan announced in Feb 2020. Total expected costs $300 million through 2022. $148 million recorded in 2020. | ||
| 2020-12-31 | plant_closure | in_progress | 200 | 2020 | Europe | Air Management | USD 19 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of facility affecting approximately 200 employees. | ||
| 2020-12-31 | plant_closure | in_progress | 350 | 2020 | Europe | e-Propulsion & Drivetrain | USD 55 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of facility affecting approximately 350 employees. | ||
| 2020-12-31 | restructuring | in_progress | 2020-10-01 | 2021-12-31 | Global | Legacy Delphi Technologies | USD 54 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring related to legacy Delphi Technologies, including global technical center footprint realignment. Majority of actions expected to be completed by end of 2021. | ||
| 2020-12-31 | acquisition_addition | completed | 19,000 | 2020-10-01 | 2020-10-01 | Global | All segments | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Delphi Technologies PLC added approximately 19,000 employees. | ||
| 2020-12-31 | restructuring | in_progress | 2020-02 | 2022-12-31 | Global | Corporate / All Segments | USD 148 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Cost restructuring plan announced in Feb 2020. $148M recorded in 2020. Total expected costs $300M through 2022. Employee count not specified for this specific plan in the narrative. | ||
| 2020-12-31 | plant_closure | in_progress | 550 | 2020 | Europe | Air Management / e-Propulsion & Drivetrain | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of two facilities in Europe affecting approximately 550 employees. Included in restructuring expense. | |||
| 2020-12-31 | acquisition_addition | completed | 19,000 | 2020-10-01 | 2020-10-01 | Global | All Segments | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Approximately 19,000 employees added as a result of the acquisition of Delphi Technologies. | ||
| 2020-12-31 | restructuring | in_progress | 2019 | 2021-12-31 | Global | Fuel Injection / Corporate | USD 54 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Legacy Delphi Technologies restructuring plan announced in 2019 to reshape global technical center footprint. $54M recorded in Q4 2020. Majority of actions expected to be completed by end of 2021. Employee count not specified. | ||
| 2020-12-31 | restructuring | in_progress | USD 203,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2020-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 157,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Other [Member] | USD 46,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 2020 Restructuring Plan [Member] | USD 148,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Delphi Technologies [Member] | USD 54,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / Engine [Member] | USD 59,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Europe [Member] / Facility Closing [Member] / Engine [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 350 | Facility Closing [Member] / Drivetrain [Member] | USD 55,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||
| 2020-12-31 | restructuring | in_progress | Severance And Professional Fees [Member] / Drivetrain [Member] | USD 14,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Delphi Technologies [Member] / Fuel Injection [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | Corporate, Non-Segment [Member] / Delphi Technologies [Member] / Employee Severance [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-12-31 | restructuring | in_progress | 200 | Engine [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2020-09-30 | plant_closure | in_progress | 200 | Europe | Engine | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Statutory minimum termination benefits for announced closure of a European facility; future cash payments expected through 2022. | |||
| 2020-09-30 | plant_closure | in_progress | 350 | Europe | Drivetrain | USD 19 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Statutory minimum termination benefits for announced closure of a European facility; subject to negotiation with labor unions which could result in additional benefits. | |||
| 2020-09-30 | restructuring | in_progress | 2020-01-01 | 2023-12-31 | Global | Engine and Drivetrain | USD 72 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Comprehensive plan initiated Q1 2020 to reduce structural costs; $72M recognized YTD through September 30, 2020. Total expected cash restructuring costs of $275M–$300M through end of 2023, with annual savings of $90M–$100M by 2023. Employee counts not disclosed for the overall program. | ||
| 2020-09-30 | acquisition_addition | completed | 2020-01-28 | 2020-10-01 | Global | Engine and Drivetrain | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Delphi Technologies PLC completed October 1, 2020 (subsequent event); headcount added not disclosed in this filing. | |||
| 2020-09-30 | restructuring | in_progress | 200 | 2020-03-31 | 2022-12-31 | Europe | Engine | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced closure of a facility in Europe affecting approximately 200 employees. Charge reflects statutory minimum benefits. | |
| 2020-09-30 | restructuring | in_progress | 350 | 2020-03-31 | 2022-12-31 | Europe | Drivetrain | USD 19 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Announced closure of a facility in Europe affecting approximately 350 employees. Charge reflects statutory minimum benefits. | |
| 2020-09-30 | restructuring | in_progress | 2020-03-31 | 2022-12-31 | Global | Corporate/General | USD 50 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Comprehensive plan to reduce structural costs initiated in Q1 2020. Total YTD charge of $72M includes $40M Engine (severance/professional fees) and $8M Drivetrain (severance/professional fees) excluding the specific plant closure charges above. Employee count not specified for this general component. | ||
| 2020-09-30 | restructuring | in_progress | USD 20,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-09-30 | restructuring | in_progress | Voluntary Employee Severance [Member] / Engine [Member] | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | One-time Termination Benefits [Member] / Engine [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Severance And Professional Fees [Member] / Drivetrain [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | One-time Termination Benefits [Member] / Drivetrain [Member] | USD 19,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 9,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 200 | Engine [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-09-30 | restructuring | in_progress | 350 | Drivetrain [Member] | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | plant_closure | in_progress | 550 | 2020-06-30 | 2022-12-31 | Europe | Engine and Drivetrain | USD 20 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Decision made during Q2 2020; exact announcement date not specified. Termination benefits of $3M recorded in Engine and $17M in Drivetrain. Employee count not split by segment. Future cash payments expected through 2022. Benefits subject to labor union negotiation which could result in additional charges. | |
| 2020-06-30 | voluntary_separation | in_progress | 2022-12-31 | Engine | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD charge for six months ended June 30, 2020. Ongoing voluntary termination program; Q2 charge was $5M. Number of participants not disclosed. Future cash payments expected through 2022. | ||||
| 2020-06-30 | restructuring | in_progress | 2022-12-31 | Engine | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD charge for six months ended June 30, 2020 (Q2 charge $7M). Primarily severance costs and professional fees for other actions under comprehensive cost reduction plan. Employee count not disclosed. | ||||
| 2020-06-30 | restructuring | in_progress | 2022-12-31 | Drivetrain | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | YTD charge for six months ended June 30, 2020 (Q2 charge $3M). Primarily severance costs and professional fees for other actions under comprehensive cost reduction plan. Employee count not disclosed. | ||||
| 2020-06-30 | plant_closure | in_progress | 550 | 2020-06-30 | Europe | Engine and Drivetrain | USD 20 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of two European facilities affecting approximately 550 employees. $3 million in Engine segment and $17 million in Drivetrain segment recorded as employee termination benefits during Q2 2020. | ||
| 2020-06-30 | voluntary_separation | in_progress | 2022-12-31 | Global | Engine | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program in the Engine segment resulted in restructuring expense of $13 million for the six months ended June 30, 2020. Future cash payments expected to continue through 2022. | |||
| 2020-06-30 | restructuring | in_progress | Global | Engine and Drivetrain | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Other actions associated with structural cost reduction plan. $12 million in Engine segment and $5 million in Drivetrain segment recorded for six months ended June 30, 2020, primarily related to severance costs and professional fees. | ||||
| 2020-06-30 | restructuring | in_progress | 550 | USD 37,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | One-time Termination Benefits [Member] / Engine [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | One-time Termination Benefits [Member] / Drivetrain [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Severance And Professional Fees [Member] / Engine [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Severance And Professional Fees [Member] / Drivetrain [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Voluntary termination [Member] / Engine [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 17,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Global | Engine | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual provision for the quarter; includes $5M for structural cost-reduction actions and $8M tied to an ongoing voluntary termination program in the Engine segment. No employee counts disclosed. | ||||
| 2020-03-31 | restructuring | in_progress | Global | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance accrual provision for the quarter related to structural cost-reduction actions; no employee counts disclosed. | ||||
| 2020-03-31 | restructuring | announced | 2023-12-31 | Global | Company-wide | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Multi-year plan through end of 2023: primarily cash restructuring costs of $275M to $300M, with expected annual savings of approximately $90M to $100M by 2023. Charge stated as a range; no employee counts disclosed. | ||||
| 2020-03-31 | restructuring | in_progress | Global | Engine and Drivetrain | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $5M in Engine and $2M in Drivetrain for severance; $8M in Engine for voluntary termination program. Employee counts not disclosed. | ||||
| 2020-03-31 | other | completed | Global | Senior Executive Leadership and Salaried Employees | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Temporary 20% base salary reduction for senior executives and up to 10% for other salaried employees due to COVID-19. | |||||
| 2020-03-31 | restructuring | in_progress | USD 15,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2020-03-31 | restructuring | in_progress | Structural costs reduction actions [Member] / Engine [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Structural costs reduction actions [Member] / Drivetrain [Member] | USD 2,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Employee Severance [Member] / Voluntary termination [Member] / Engine [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 11,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2020-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 12,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-12-31 | voluntary_separation | completed | 350 | Engine | USD 37 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program in the Engine segment; approximately 350 employees accepted termination packages, with $37 million restructuring expense recorded in FY2019. | ||||
| 2019-12-31 | restructuring | in_progress | Engine | USD 5 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2019 charge for actions initiated to reduce existing structural costs; employee counts not disclosed. | |||||
| 2019-12-31 | restructuring | in_progress | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2019 charge for actions initiated to reduce existing structural costs; employee counts not disclosed. | |||||
| 2019-12-31 | restructuring | in_progress | Engine | USD 18 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Current-year portion of actions initiated in 2017 (professional fees, employee termination benefits, relocation costs); FY2018 comparative was $54 million and is not extracted. | |||||
| 2019-12-31 | restructuring | in_progress | Corporate | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2019 Corporate restructuring expense; employee counts not disclosed. | |||||
| 2019-12-31 | divestiture_reduction | completed | 2019-04-01 | Engine | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of non-core thermostat product lines closed April 1, 2019; a $7 million additional loss on sale was recorded in FY2019 on finalization of purchase price adjustments. Headcount not disclosed. | |||||
| 2019-12-31 | divestiture_reduction | completed | Engine | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-core pipes product lines transitioned to multiple buyers during FY2019; assets and liabilities removed from the balance sheet. Headcount not disclosed. | ||||||
| 2019-12-31 | divestiture_reduction | completed | 2019-10-30 | United States | Other (asbestos liability entity) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | 100% of BorgWarner Morse TEC LLC transferred to Enstar Holdings (US) LLC on October 30, 2019, contributing approximately $172 million cash; derecognition produced a $177 million pre-tax gain. Headcount not disclosed. | ||||
| 2019-12-31 | acquisition_addition | completed | 2019-01-02 | United States | Drivetrain | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Rinehart Motion Systems LLC and AM Racing LLC for approximately $15 million, combined into Cascadia Motion LLC (Oregon). Headcount added not disclosed. | ||||
| 2019-12-31 | restructuring | announced | 2023-12-31 | Company-wide | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program to reduce structural costs: primarily cash restructuring costs of $275 million to $300 million through end of 2023, with expected annual savings of approximately $90 million to $100 million by 2023. Employee counts not disclosed; only FY2019 charges extracted above. | |||||
| 2019-12-31 | acquisition_addition | announced | 2020-01-28 | 2020-12-31 | Company-wide | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Delphi Technologies PLC in an all-stock transaction valued at approximately $3.3 billion; expected to close in the second half of 2020, subject to Delphi stockholder approval and regulatory approvals. Headcount not disclosed. | ||||
| 2019-12-31 | restructuring | completed | Global | Engine and Drivetrain | USD 72 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Recorded $72 million in restructuring expense primarily related to actions to reduce structural costs. Employee count not explicitly disclosed in footnote, though MD&A mentions voluntary termination program in Engine segment where approx 350 employees accepted packages. | ||||
| 2019-12-31 | voluntary_separation | completed | 350 | Engine Segment | Engine | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Voluntary termination program in the European emissions business where approximately 140 employees accepted termination packages; total 350 employees accepted termination packages in Engine segment. | ||||
| 2019-12-31 | restructuring | completed | Europe | Engine | USD 28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Recorded approx $28 million of employee severance expense during 2018 for European emissions business voluntary termination program (140 employees). Included in 2019 cumulative context. | ||||
| 2019-12-31 | voluntary_separation | completed | 350 | 2019 | Engine Segment | Engine | USD 37 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary termination program in the Engine segment where approximately 350 employees accepted termination packages. | ||
| 2019-12-31 | restructuring | completed | 2019 | Engine Segment | Engine | USD 18 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Continuation of actions initiated in 2017 to improve profitability, primarily professional fees, employee termination benefits and relocation costs. | |||
| 2019-12-31 | restructuring | completed | 2019 | Corporate | Corporate | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Corporate restructuring activities. | |||
| 2019-12-31 | restructuring | completed | 2019 | Engine Segment | Engine | USD 5 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions to reduce existing structural costs. | |||
| 2019-12-31 | restructuring | completed | 2019 | Drivetrain Segment | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Actions to reduce existing structural costs. | |||
| 2019-12-31 | restructuring | in_progress | USD 72,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2019-12-31 | restructuring | in_progress | Reduce structural costs [Member] / Engine [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Reduce structural costs [Member] / Drivetrain [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] / Reduce structural costs [Member] / Engine [Member] | USD 37,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Professional Fees, Employee Termination and Relocation Costs [Member] / Engine [Member] | USD 18,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Non-Europe [Member] / Employee Severance [Member] / Engine [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Corporate Restructuring Activities [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Manufacturing Footprint Rationalization Activities [Member] / Drivetrain [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 350 | Employee Severance [Member] / Engine [Member] | USD 43,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||
| 2019-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 44,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-12-31 | restructuring | in_progress | 140 | Europe [Member] / Professional Fees, Employee Termination and Relocation Costs [Member] / Engine [Member] | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Engine | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Structural cost reduction actions; charge is for the three months ended September 30, 2019; no employee count or completion date disclosed | |||||
| 2019-09-30 | restructuring | in_progress | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Structural cost reduction actions; charge is for the three months ended September 30, 2019; no employee count or completion date disclosed | |||||
| 2019-09-30 | voluntary_separation | in_progress | Engine | USD 18 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program initiated in 2019; charge is for the nine months ended September 30, 2019 ($7 million in Q3); no participant count disclosed | |||||
| 2019-09-30 | restructuring | in_progress | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate restructuring activities; charge is for the nine months ended September 30, 2019; no employee count or completion date disclosed | |||||
| 2019-09-30 | restructuring | in_progress | Engine | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program in Engine segment; employee count not disclosed. | |||||
| 2019-09-30 | restructuring | in_progress | Engine | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions to reduce existing structural costs in Engine segment; employee count not disclosed. | |||||
| 2019-09-30 | restructuring | in_progress | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions to reduce existing structural costs in Drivetrain segment; employee count not disclosed. | |||||
| 2019-09-30 | restructuring | in_progress | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring activities; employee count not disclosed. | |||||
| 2019-09-30 | restructuring | in_progress | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-09-30 | restructuring | in_progress | Emissions [Member] / Engine [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Structural costs reduction actions [Member] / Engine [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Structural costs reduction actions [Member] / Drivetrain [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Employee Severance [Member] / Voluntary termination [Member] / Engine [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Engine | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated in Q3 2017 (exact announcement date not disclosed); restructuring expense of $4M in Q2 2019 and $11M YTD 2019, primarily professional fees and employee termination benefits; no employee counts disclosed; company states further charges could be material | |||||
| 2019-06-30 | voluntary_separation | in_progress | Engine | USD 11 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separate voluntary termination program initiated in Q1 2019 (exact announcement date not disclosed); restructuring expense of $7M in Q2 2019 and $11M YTD 2019; no employee counts disclosed | |||||
| 2019-06-30 | restructuring | in_progress | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Restructuring expense of $3M recorded YTD 2019 for Corporate activities; no employee counts or completion timing disclosed | |||||
| 2019-06-30 | restructuring | in_progress | Engine | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2019 expense of $13M related to actions designed to improve future profitability and competitiveness. Includes $4M from ongoing actions and $7M from a separate voluntary termination program initiated in Q1 2019. Employee count not disclosed. | |||||
| 2019-06-30 | restructuring | in_progress | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Q2 2019 expense of $3M related to Corporate restructuring activities. Employee count not disclosed. | |||||
| 2019-06-30 | divestiture_reduction | completed | 2019-04-01 | Engine | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sale of non-core pipe and thermostat product lines closed on April 1, 2019. Employee count not disclosed. | |||||
| 2019-06-30 | restructuring | in_progress | USD 13,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-06-30 | restructuring | in_progress | Emissions [Member] / Engine [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Employee Severance [Member] / Voluntary termination [Member] / Engine [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Engine | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Continuation of Engine segment actions begun in Q3 2017 to improve profitability; Q1 2019 restructuring expense of $7M, primarily professional fees and employee termination benefits. Matches the $7M severance accrual provision for the quarter (accrual fell from $25M to $12M after $20M cash payments). No employee count disclosed. | |||||
| 2019-03-31 | voluntary_separation | in_progress | Engine | USD 4 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Separate voluntary termination program initiated in the Engine segment during Q1 2019; $4M restructuring expense recorded. Filer states further restructuring charges could be material. No participant count disclosed. | |||||
| 2019-03-31 | restructuring | in_progress | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Corporate restructuring activities recorded $3M of restructuring expense in Q1 2019. No employee count or completion timeline disclosed. | |||||
| 2019-03-31 | restructuring | in_progress | Engine | USD 11 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $7M for ongoing actions and $4M for a separate voluntary termination program initiated in Q1 2019. | |||||
| 2019-03-31 | restructuring | in_progress | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Corporate restructuring activities. | |||||
| 2019-03-31 | restructuring | in_progress | Corporate, Non-Segment [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Employee Severance [Member] / Voluntary termination [Member] / Engine [Member] | USD 4,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Emissions [Member] / Engine [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | USD 14,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2019-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2019-03-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-12-31 | voluntary_separation | completed | 140 | Europe | Engine — emissions business | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program in the European emissions business; approximately 140 employees accepted termination packages during fiscal 2018, producing approximately $28.4 million of employee severance expense. Part of the broader Engine segment restructuring charge of $53.5 million for the year. | |||
| 2018-12-31 | restructuring | in_progress | Not specified | Engine — other locations | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits recorded in other Engine segment locations during fiscal 2018, in addition to the European voluntary program. Headcount affected not disclosed. | ||||
| 2018-12-31 | restructuring | in_progress | Not specified | Drivetrain | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Drivetrain segment restructuring expense for fiscal 2018, primarily manufacturing footprint rationalization activities. Headcount affected not disclosed. Filing states further restructuring actions may result in additional charges that could be material. | ||||
| 2018-12-31 | divestiture_reduction | announced | 2018-12-31 | 2019-03-31 | Not specified | Engine — non-core pipe and thermostat product lines | USD 26 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement reached in December 2018 to sell thermostat product lines for approximately $28.0 million; completion expected in Q1 2019. An additional $25.6 million asset impairment was recorded in fiscal 2018 to write the held-for-sale group down to fair value less costs to sell (a $71.0 million impairment was recorded in Q4 2017). Headcount associated with the divested lines is not disclosed. | ||
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2018-12-31 | Global | Engine and Drivetrain | USD 67 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring expense of $67.1 million related to Engine and Drivetrain segment actions designed to improve future profitability and competitiveness, primarily related to employee termination benefits, professional fees, and manufacturing footprint rationalization activities. Specific headcount not disclosed. | ||
| 2018-12-31 | restructuring | completed | 140 | 2018-01-01 | 2018-12-31 | Europe | Engine | USD 28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Voluntary termination program in the European emissions business where approximately 140 employees accepted the termination packages. Recorded approximately $28.4 million of employee severance expense. | |
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2018-12-31 | Other | Engine | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Recorded $6.0 million employee termination benefits in other locations in the Engine segment. Specific headcount not disclosed. | ||
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2018-12-31 | Global | Drivetrain | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Recorded restructuring expense of $10.3 million in the Drivetrain segment primarily related to manufacturing footprint rationalization activities. Specific headcount not disclosed. | ||
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2018-12-31 | Global | Engine and Drivetrain | USD 67 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring expense of $67.1 million related to Engine and Drivetrain segment actions designed to improve future profitability and competitiveness, primarily related to employee termination benefits, professional fees, and manufacturing footprint rationalization activities. | ||
| 2018-12-31 | restructuring | completed | 140 | 2018-01-01 | 2018-12-31 | Europe | Engine | USD 28 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Voluntary termination program in the European emissions business where approximately 140 employees accepted termination packages. | |
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2018-12-31 | Other | Engine | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Employee termination benefits in other locations in the Engine segment. | ||
| 2018-12-31 | restructuring | completed | 2018-01-01 | 2018-12-31 | Global | Drivetrain | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring expense primarily related to manufacturing footprint rationalization activities. | ||
| 2018-12-31 | restructuring | in_progress | USD 22,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2018-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 41,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Employee Severance [Member] / Emissions [Member] / Engine [Member] | USD 28,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Employee Severance [Member] / Non-Emissions [Member] / Engine [Member] | USD 6,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 7,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 34,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Drivetrain [Member] | USD 10,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | Engine [Member] | USD 53,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2018-12-31 | restructuring | in_progress | 140 | Emissions [Member] / Engine [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-09-30 | restructuring | in_progress | 140 | Europe | Engine (emissions business) | USD 38 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Emissions-business actions recorded $38.1M restructuring expense YTD 2018, primarily professional fees and termination benefits. Includes a voluntary termination program initiated in Q2 2018 under which ~140 employees accepted packages, generating ~$26.9M of severance expense; filer warns additional charges could be material. | |||
| 2018-09-30 | restructuring | in_progress | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Manufacturing footprint rationalization activities; $6.0M expense recorded in the nine months ended 2018-09-30 ($0.5M in Q3). No employee count disclosed. | |||||
| 2018-09-30 | voluntary_separation | in_progress | 140 | 2018-06-30 | Europe | Engine | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program in European emissions business; approximately 140 employees accepted packages. | ||
| 2018-09-30 | restructuring | in_progress | 2017-09-30 | Global | Engine | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions within emissions business to improve profitability; charge primarily for professional fees and employee termination benefits. | |||
| 2018-09-30 | restructuring | in_progress | 2018-01-01 | Global | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Manufacturing footprint rationalization activities. | |||
| 2018-09-30 | restructuring | in_progress | USD 5,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 1,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD -500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 1,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Drivetrain [Member] | USD 500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Engine [Member] | USD 5,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | Employee Severance [Member] / Emissions [Member] / Engine [Member] | USD 26,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-09-30 | restructuring | in_progress | 140 | Emissions [Member] / Engine [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-06-30 | voluntary_separation | completed | 140 | 2018-06-30 | Europe | Engine — emissions business | USD 25 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Voluntary termination program initiated in Q2 2018; approximately 140 employees accepted packages. Part of broader Engine segment restructuring with total Q2 charge of $28.1M (including professional fees and other termination benefits). Announcement date approximate — filing states only that program was initiated during the quarter. | ||
| 2018-06-30 | restructuring | in_progress | 2018-06-30 | Drivetrain — manufacturing footprint rationalization | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2018 restructuring expense of $3.2M ($5.5M YTD) for manufacturing footprint rationalization; no employee count disclosed. Announcement date approximate — filing states only that charges were recorded during the quarter. | ||||
| 2018-06-30 | voluntary_separation | in_progress | 140 | 2018-04-01 | Europe | Engine | USD 25 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Voluntary termination program in European emissions business; approx. 140 employees accepted packages. | ||
| 2018-06-30 | restructuring | in_progress | 2017-07-01 | Global | Engine | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Continuation of actions initiated in Q3 2017 to improve profitability; charge includes professional fees and employee termination benefits (excluding the 140 voluntary terminations captured separately). | |||
| 2018-06-30 | restructuring | in_progress | Global | Drivetrain | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Manufacturing footprint rationalization activities. | ||||
| 2018-06-30 | restructuring | in_progress | USD 31,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 27,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Employee Severance [Member] / Emissions [Member] / Engine [Member] | USD 25,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 1,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 25,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Drivetrain [Member] | USD 3,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | Engine [Member] | USD 28,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-06-30 | restructuring | in_progress | 140 | Emissions [Member] / Engine [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2018-03-31 | restructuring | in_progress | 2017-07-01 | Europe | Engine (emissions business) | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in Q3 2017 to improve profitability of European emissions business; Q1 2018 charge covers professional fees and termination benefits. Employee count not disclosed; further material charges possible. | |||
| 2018-03-31 | restructuring | in_progress | 2018-01-01 | Drivetrain | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Manufacturing footprint rationalization activities; employee count not disclosed. | ||||
| 2018-03-31 | divestiture_reduction | in_progress | 2017-12-01 | Engine (non-core pipes and thermostat product lines) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Assets/liabilities classified held for sale; company continued seeking a buyer in Q1 2018. Headcount associated with divested lines not disclosed. | |||||
| 2018-03-31 | restructuring | in_progress | 2017-09-30 | Europe | Engine | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions initiated in Q3 2017 within emissions business to improve profitability; Q1 2018 charge primarily for professional fees and employee termination benefits. | |||
| 2018-03-31 | restructuring | in_progress | 2018-01-01 | Drivetrain | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Manufacturing footprint rationalization activities. | ||||
| 2018-03-31 | restructuring | in_progress | USD 7,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2018-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 1,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 1,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Drivetrain [Member] | USD 2,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2018-03-31 | restructuring | in_progress | Engine [Member] | USD 4,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Engine — emissions business | USD 48 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in the third quarter of 2017 (exact date not disclosed) covering professional fees and negotiated commercial costs for emissions business divestiture and manufacturing footprint rationalization; no employee count disclosed. Filer warns further charges on the remaining European emissions business could be material. Total 2017 restructuring expense was $58.5M across all programs. | |||||
| 2017-12-31 | restructuring | completed | 2017-09-27 | Drivetrain — Sevcon, Inc. | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Contractually required severance for Sevcon executive officers and other employee termination benefits recorded in connection with the September 27, 2017 acquisition; number of employees affected not disclosed. | ||||
| 2017-12-31 | acquisition_addition | completed | 2017-09-27 | Global | Drivetrain — power electronics / electrification | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 100% of Sevcon acquired for $185.7 million cash; acquired headcount not disclosed. Sevcon serves customers in the U.S., U.K., France, Germany, Italy, China and Asia Pacific. | ||||
| 2017-12-31 | divestiture_reduction | in_progress | Engine — non-core pipes and thermostat product lines | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Strategic review begun Q3 2017; active program to locate a buyer launched in Q4 2017 (exact dates not disclosed) and held-for-sale criteria met at December 31, 2017. Associated $71.0 million asset impairment recorded to fair value less costs to sell; no headcount disclosed for the business. | ||||||
| 2017-12-31 | restructuring | completed | 2017-07-01 | Global | Engine and Drivetrain | USD 59 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions initiated in Q3 2017 to improve profitability and competitiveness, including emissions business divestiture and manufacturing footprint rationalization. Charge includes $48.2M professional fees/commercial costs and $6.8M severance for Sevcon acquisition. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-09-27 | Global | Drivetrain | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Sevcon, Inc. completed on September 27, 2017. Headcount not explicitly disclosed. | ||||
| 2017-12-31 | restructuring | completed | 2017-09-30 | Global | Engine and Drivetrain | USD 59 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Includes $48.2M for emissions business divestiture and footprint rationalization; $6.8M for Sevcon executive severance. Employee count not explicitly disclosed in footnote. | |||
| 2017-12-31 | acquisition_addition | completed | 2017-09-27 | Global | Drivetrain | business_combinations_footnote f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Sevcon, Inc. Headcount added not explicitly disclosed. | ||||
| 2017-12-31 | restructuring | in_progress | USD 45,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 6,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 4,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 1,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Drivetrain [Member] | USD 6,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Engine [Member] | USD 48,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | 2017-07-01 | Engine segment — emissions business | USD 48 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in Q3 2017 within the emissions business: professional fees and negotiated commercial costs for divestiture of non-core product lines plus manufacturing footprint rationalization. Company states the plan to improve its remaining European emissions business will continue and may result in additional material charges. Employees affected not disclosed | ||||
| 2017-12-31 | restructuring | completed | 2017-09-27 | Drivetrain segment — Sevcon | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Contractually required severance for Sevcon executive officers and other employee termination benefits recorded in connection with the September 27, 2017 acquisition. Employees affected not disclosed | ||||
| 2017-12-31 | acquisition_addition | completed | 2017-09-27 | 2017-09-27 | United States, United Kingdom, France, Germany, Italy, China, Asia Pacific | Drivetrain segment — power electronics / electrification | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | 100% acquisition of Sevcon, Inc. for $185.7 million cash; headcount added through the acquisition not disclosed | |||
| 2017-12-31 | divestiture_reduction | announced | 2017-10-01 | Engine segment — non-core pipes and thermostat product lines | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Active program launched in Q4 2017 to locate a buyer for the non-core pipes and thermostat product lines; assets ($67.3M) and liabilities ($29.5M) met held-for-sale criteria at December 31, 2017 with a $71.0M asset impairment recorded. Associated headcount not disclosed | |||||
| 2017-12-31 | restructuring | in_progress | USD 45,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 6,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 4,700,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 1,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Drivetrain [Member] | USD 6,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-12-31 | restructuring | in_progress | Engine [Member] | USD 48,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | 2018-03-31 | Europe | Engine segment — emissions business | USD 13 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in Q3 2017 to improve competitiveness of the emissions business; no employee count disclosed. Company is exploring strategic options for non-core product lines, which may result in impairment or additional restructuring charges that could be material. Cash payments expected complete by Q1 2018. Related severance accrual provision in Q3 2017 was $0.7M for the Engine segment. | |||
| 2017-09-30 | restructuring | in_progress | 2017-09-27 | 2018-03-31 | Drivetrain segment — Sevcon executive officers | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Contractually required severance for Sevcon executive officers recorded in connection with the September 27, 2017 acquisition; number of executives not disclosed. Cash payments expected complete by Q1 2018. | |||
| 2017-09-30 | acquisition_addition | completed | 2017-09-27 | Global (U.S., U.K., France, Germany, Italy, China, Asia Pacific) | Drivetrain segment | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Sevcon, Inc. for cash of $185.7 million; headcount added through the acquisition not disclosed. Sevcon operating results from acquisition date through September 30, 2017 were insignificant. | ||||
| 2017-09-30 | restructuring | in_progress | 2017-09-30 | Europe | Engine | USD 13 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Initiation of actions within emissions business to improve profitability; may result in additional material charges. | |||
| 2017-09-30 | restructuring | in_progress | 2017-09-27 | 2018-03-31 | Global | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Sevcon acquisition related severance for executive officers; cash payments expected completed by Q1 2018. | ||
| 2017-09-30 | restructuring | in_progress | 2017-01-01 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Continuation of 2013 actions; finalized severance agreements with three labor unions for approximately 450 employees. | |||
| 2017-09-30 | restructuring | in_progress | USD 13,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 1,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Engine [Member] | USD 12,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-09-30 | restructuring | in_progress | Sevcon, Inc [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2017-06-30 | restructuring | in_progress | 2017-12-31 | Western Europe; North America; Mexico | Drivetrain; Engine | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Legacy restructuring programs (initiated 2013-2015, including Remy integration actions) continued winding down: no restructuring expense recorded in the three or six months ended 2017-06-30; severance accrual was $2.3M at 2017-06-30 after $4.3M of cash payments year-to-date. Filer states cash payments for these activities are expected to complete by end of 2017. No current-period employee counts disclosed; prior-year sub-actions (e.g., ~450 employees at three Western European facilities) relate to 2016 and are excluded. | ||||
| 2017-06-30 | acquisition_addition | announced | 2017-07-17 | 2017-12-31 | United States; United Kingdom; France; Germany; Italy; China; Asia Pacific | Engine (power electronics / electrification) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Sevcon, Inc., a electrification technologies company; expected enterprise value approximately $200 million at closing, expected to close in Q4 2017, subject to Sevcon stockholder approval and competition law clearance. No headcount added disclosed. | |||
| 2017-06-30 | restructuring | in_progress | 2017-12-31 | North America | Remy operations | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Cash payments for Remy restructuring activities expected to be complete by end of 2017. No specific employee count disclosed for current period activity. | ||||
| 2017-06-30 | restructuring | in_progress | Western Europe | Drivetrain | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance accruals exist for Drivetrain segment. No new employee counts disclosed for Q2 2017. | |||||
| 2017-06-30 | restructuring | in_progress | Europe | Engine | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance accruals exist for Engine segment. No new employee counts disclosed for Q2 2017. | |||||
| 2017-06-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2017-03-31 | restructuring | in_progress | 2013-Q4 | 2017-12-31 | Western Europe | Drivetrain | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Continuation of actions initiated in Q4 2013. Severance agreements finalized with three labor unions for approx. 450 employees. No new charges recorded in Q1 2017; cash payments of $1.6M recorded. Expected completion by end of 2017. | |||
| 2017-03-31 | restructuring | in_progress | 2014-Q2 | 2017-12-31 | Germany | Engine | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions initiated in Q2 2014 for Gustav Wahler GmbH. No new charges recorded in Q1 2017; cash payments of $2.1M recorded. Expected completion by end of 2017. | |||
| 2017-03-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | 450 | 2013-10-01 | 2017-12-31 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program initiated Q4 2013; 450 employees is the cumulative program figure across three labor unions at separate facilities. $8.2M is the FY2016 charge only (prior years: $28.0M in 2015, $61.8M in 2014). Cash payments expected complete by end of 2017. | |
| 2016-12-31 | restructuring | in_progress | 2014-06-01 | 2017-12-31 | Germany, Brazil, China, United States | Engine | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring of the 2014 Wahler acquisition; $9.6M FY2016 charge. Employee headcount affected in 2016 not separately disclosed (prior years: ~70 employees in 2015, ~95 in 2014). | ||
| 2016-12-31 | restructuring | in_progress | 2015-11-10 | 2017-12-31 | North America, Mexico | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Restructuring following the 2015 Remy acquisition; $6.1M FY2016 charge, including $3.1M for winding down certain North American operations and $2.0M employee termination benefits. Headcount affected in 2016 not disclosed. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-10-01 | 2016-12-31 | North America, South America, Europe | Drivetrain — Remy light vehicle aftermarket | USD 127 (millions) | discontinued_operations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of Remy light vehicle aftermarket business for ~$80M cash; total loss on divestiture of $127.1M in FY2016. Total assets of $284.1M and liabilities of $93.2M removed from balance sheet. Employees affected not disclosed. | ||
| 2016-12-31 | divestiture_reduction | completed | 2016-08-01 | 2016-08-31 | India | Drivetrain | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of 60% ownership interest in Divgi-Warner Private Limited to the JV partner; cash proceeds ~$5.4M net. Employees affected not disclosed. | |||
| 2016-12-31 | restructuring | completed | 450 | 2013-10-01 | 2017-12-31 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Continuation of prior year actions. Finalized severance agreements with three labor unions. Cash payments expected to be complete by end of 2017. | |
| 2016-12-31 | restructuring | completed | 2014-04-01 | 2017-12-31 | Germany, Brazil, China, U.S. | Engine | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring of Gustav Wahler GmbH acquisition. Employee termination benefits primarily related to this action. | ||
| 2016-12-31 | restructuring | completed | 2015-10-01 | 2017-12-31 | North America, Mexico | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring of Remy International acquisition. Includes winding down certain operations in North America and severance for Remy executive officers. | ||
| 2016-12-31 | restructuring | completed | 2014-06-01 | 2017-12-31 | Global | Corporate | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global realignment plan to enhance treasury management flexibility. No specific employee count disclosed for 2016 activity. | |||
| 2016-12-31 | restructuring | completed | 450 | 2014-01-01 | 2016-12-31 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Continuation of prior year actions; finalized severance agreements with three labor unions at separate facilities for approximately 450 employees. Charge recorded in 2016. | |
| 2016-12-31 | restructuring | completed | 2014-06-01 | 2016-12-31 | Germany, Brazil, China, U.S. | Engine | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of Wahler acquisition. Employee termination benefits primarily related to approximately 70 employees in Germany and Brazil (2015) and 95 employees in Germany, Brazil, China and U.S. (2014). 2016 charge relates to continuation. | ||
| 2016-12-31 | restructuring | completed | 2015-10-01 | 2017-12-31 | North America, Mexico | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of Remy acquisition. Includes winding down certain operations in North America and employee termination benefits in Mexico. Cash payments expected to be complete by end of 2017. | ||
| 2016-12-31 | restructuring | in_progress | USD 26,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 10,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 5,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 5,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-12-31 | restructuring | in_progress | 450 | Drivetrain [Member] | USD 8,200,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-12-31 | restructuring | in_progress | Remy International Inc. [Member] | USD 6,100,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 450 | 2013-10-01 | 2017-12-31 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is for nine months ended 2016-09-30. Program initiated Q4 2013; severance agreements finalized with three labor unions at separate facilities covering approximately 450 employees. Cash payments expected complete by end of 2017. | |
| 2016-09-30 | restructuring | in_progress | 2014-04-01 | 2017-12-31 | Engine | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is for nine months ended 2016-09-30. Program initiated Q2 2014 to improve profitability and competitiveness of Wahler acquisition. Employee count not disclosed. Cash payments expected complete by end of 2017. | |||
| 2016-09-30 | restructuring | in_progress | 2015-10-01 | 2017-12-31 | North America | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge is for nine months ended 2016-09-30 (Q3 2016 charge was $1.3M). Program initiated Q4 2015 following Remy acquisition; includes $3.1M for winding down certain North America operations and $2.0M employee termination benefits. Employee count not disclosed. Cash payments expected complete by end of 2017. | ||
| 2016-09-30 | restructuring | in_progress | 450 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Finalized severance agreements with three labor unions at separate facilities for approximately 450 employees. Charge relates to nine months ended Sept 30, 2016. | |||
| 2016-09-30 | restructuring | in_progress | Global | Engine | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions to improve profitability and competitiveness of Wahler. Employee count not disclosed for this specific component. | ||||
| 2016-09-30 | restructuring | in_progress | 2017-12-31 | North America; Mexico | Drivetrain | USD 6 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Remy acquisition-related actions. Includes winding down certain operations in North America and severance for executive officers and other employees in Mexico. Cash payments expected complete by end of 2017. | |||
| 2016-09-30 | restructuring | in_progress | Global | Corporate | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global realignment plan to enhance treasury management flexibility. No charge recorded in 2016 YTD; employee count not disclosed. | |||||
| 2016-09-30 | restructuring | in_progress | USD 1,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | Remy International Inc. [Member] | USD 1,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-09-30 | restructuring | in_progress | 450 | Drivetrain [Member] | USD 8,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-09-30 | restructuring | in_progress | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | USD 9,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | 450 | 2013-12-31 | 2017-12-31 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated Q4 2013; severance agreements finalized with three labor unions covering approximately 450 employees at separate facilities. Charge shown is six months ended June 30, 2016 (Q2 charge: $5.6M). Cash payments expected complete by end of 2017. | |
| 2016-06-30 | restructuring | in_progress | 2014-06-30 | 2017-12-31 | Engine | USD 10 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions initiated Q2 2014 to improve profitability of the Wahler acquisition; includes $4.1M of employee termination benefits for the six months ended June 30, 2016 (Q2 charge: $8.0M). Employees affected not disclosed. | |||
| 2016-06-30 | restructuring | in_progress | 2015-11-10 | 2017-12-31 | North America | Drivetrain | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-acquisition actions following the November 10, 2015 Remy acquisition; includes $3.1M in Q2 2016 for winding down certain North America operations and $1.7M of employee termination benefits YTD (Q2 charge: $3.7M). Employees affected not disclosed. | ||
| 2016-06-30 | restructuring | in_progress | 450 | Western Europe | Drivetrain | USD 8 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Finalization of severance agreements with three labor unions at separate facilities. Charge represents YTD expense for this specific action. | |||
| 2016-06-30 | restructuring | in_progress | Engine | USD 10 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions to improve profitability and competitiveness of Wahler. Includes employee termination benefits of $4.1 million YTD. | |||||
| 2016-06-30 | restructuring | in_progress | 2017-12-31 | North America; Mexico | Drivetrain | USD 5 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Post-acquisition actions for Remy. Includes winding down certain operations in North America and severance for executive officers and other employees in Mexico. Cash payments expected to be complete by end of 2017. | |||
| 2016-06-30 | restructuring | in_progress | USD 19,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 7,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 2,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 4,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | 450 | Drivetrain [Member] | USD 5,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2016-06-30 | restructuring | in_progress | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | USD 8,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-06-30 | restructuring | in_progress | Remy International Inc. [Member] | USD 3,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | 450 | 2013-10-01 | 2016-12-31 | Western Europe | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated Q4 2013; severance agreements finalized with three labor unions covering approximately 450 employees. Charge shown is Q1 2016 expense; cash payments expected complete by end of 2016. | |
| 2016-03-31 | restructuring | in_progress | 2014-04-01 | 2016-12-31 | Germany | Engine | USD 2 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions at Gustav Wahler GmbH u. Co. KG initiated Q2 2014, primarily employee termination benefits. Charge shown is Q1 2016 expense. | ||
| 2016-03-31 | restructuring | in_progress | 2015-11-10 | 2016-12-31 | United States | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits for contractually required severance of Remy executive officers following the November 2015 acquisition; charge shown is Q1 2016 expense. | ||
| 2016-03-31 | acquisition_addition | completed | 2015-11-10 | Global | Drivetrain | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Remy International, Inc. closed 2015-11-10; Remy operated in 10 countries. Headcount added not disclosed in this filing. | ||||
| 2016-03-31 | restructuring | in_progress | 450 | Western Europe | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Finalization of severance agreements with three labor unions at separate facilities. Charge represents employee termination benefits. | |||
| 2016-03-31 | restructuring | in_progress | Engine | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions related to Gustav Wahler GmbH u. Co. KG acquisition. Expenses primarily related to employee termination benefits. | |||||
| 2016-03-31 | restructuring | in_progress | 2016-12-31 | Drivetrain | USD 1 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Post-acquisition actions for Remy International, Inc. Employee termination benefits primarily related to contractually required severance for executive officers. | ||||
| 2016-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 3,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 2,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 1,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2016-03-31 | restructuring | in_progress | USD 6,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2016-03-31 | restructuring | in_progress | 450 | Drivetrain [Member] | USD 1,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-12-31 | restructuring | in_progress | 450 | 2013-12-31 | 2016-12-31 | Western Europe | Drivetrain | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program initiated in Q4 2013; charge shown is FY2015 expense for severance agreements with three labor unions at separate facilities covering approximately 450 employees. Cash payments expected complete by end of 2016. | |
| 2015-12-31 | restructuring | in_progress | 70 | 2014-06-30 | 2016-12-31 | Germany and Brazil | Engine | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Actions to improve profitability of the acquired Gustav Wahler business; FY2015 charge relates to termination benefits for approximately 70 employees in Germany and Brazil (approximately 95 employees affected in 2014). | |
| 2015-12-31 | restructuring | in_progress | 2013-12-31 | 2016-12-31 | Global | Corporate — legal entity structure | USD 13 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Global realignment plan to enhance treasury management flexibility; FY2015 charge of $12.5 million. Employee headcount impact not disclosed. | ||
| 2015-12-31 | restructuring | completed | 2015-11-10 | 2016-12-31 | United States | Drivetrain — Remy International | USD 10 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2015 employee termination benefits recorded in Q4 2015, primarily contractually required severance for Remy executive officers; number of employees not disclosed. | ||
| 2015-12-31 | acquisition_addition | completed | 2015-11-10 | Global | Drivetrain | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Remy for $29.50 per share plus settlement of approximately $361 million of Remy debt; Remy had operations in 10 countries. Acquired headcount not disclosed; largely explains workforce growth from approximately 22,000 to approximately 30,000 during 2015. | ||||
| 2015-12-31 | acquisition_addition | completed | 2015-01-31 | India | Engine | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed purchase of the remaining 51% of the BERU Diesel joint venture in January 2015 for $12.6 million; headcount added not disclosed. | ||||
| 2015-12-31 | restructuring | completed | 450 | Western Europe | Drivetrain | USD 42 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Severance agreements with three labor unions at separate facilities for approximately 450 employees. Total restructuring expense was $65.7 million, including $41.5 million related to employee termination benefits. | |||
| 2015-12-31 | restructuring | completed | Global | Engine | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring of the 2014 Gustav Wahler GmbH u. Co. KG acquisition. Specific headcount not disclosed in narrative, but included in total restructuring expense. | |||||
| 2015-12-31 | restructuring | completed | Global | Corporate | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global realignment plan intended to enhance treasury management flexibility. $12.5 million charge. | ||||
| 2015-12-31 | acquisition_addition | completed | 2015-11-10 | Global | Drivetrain | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of Remy International, Inc. Headcount added not explicitly quantified in this filing, but total workforce increased from ~22,000 in 2014 to ~30,000 in 2015. | ||||
| 2015-12-31 | restructuring | completed | 450 | Western Europe | Drivetrain | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Severance agreements with three labor unions at separate facilities for approximately 450 employees. | ||||
| 2015-12-31 | restructuring | completed | Global | Corporate | USD 13 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Global realignment plan intended to enhance treasury management flexibility. | ||||
| 2015-12-31 | restructuring | completed | Global | Engine | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of the 2014 Gustav Wahler GmbH acquisition. | |||||
| 2015-12-31 | restructuring | completed | Global | Drivetrain | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring of the 2015 Remy International acquisition. | |||||
| 2015-12-31 | restructuring | completed | 2015-04-01 | Global | Drivetrain | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Employee termination benefits primarily related to contractually required severance associated with Remy executive officers. | |||
| 2015-12-31 | restructuring | in_progress | USD 24,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2015-12-31 | restructuring | in_progress | Remy International Inc. [Member] / Employee Severance [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Remy International Inc. [Member] / Employee Severance [Member] / Drivetrain [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Remy International Inc. [Member] / Employee Severance [Member] / Engine [Member] | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 43,900,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 32,600,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 11,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | 450 | Drivetrain [Member] | USD 28,000,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-12-31 | restructuring | in_progress | Corporate and Other [Member] | USD 12,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2015-12-31 | restructuring | in_progress | 70 | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2015-09-30 | restructuring | in_progress | 350 | 2013 | 2015-12-31 | Western Europe | Drivetrain | USD 19 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated Q4 2013; severance agreements with two labor unions at separate Western Europe facilities finalized in 2014 for approximately 350 employees. Charge shown is nine months ended 2015-09-30. Cash payments expected complete by end of 2015. | |
| 2015-09-30 | restructuring | in_progress | 40 | 2014 | Germany | Engine | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Wahler restructuring initiated Q2 2014. 2015 component affects approximately 40 employees in Germany; a prior 2014 component affected approximately 80 employees in Germany, Brazil and China. Charge shown is nine months ended 2015-09-30. | ||
| 2015-09-30 | restructuring | in_progress | Global | Corporate | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global realignment plan to enhance treasury management flexibility via legal entity restructuring. No employee count or announcement date disclosed. Charge shown is nine months ended 2015-09-30. | ||||
| 2015-09-30 | acquisition_addition | announced | 6,600 | 2015-07-13 | 2015-12-31 | Global (10 countries) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Remy International, Inc. at $29.50/share (~$1.2B enterprise value). Remy headcount of approximately 6,600 is as of 2014-12-31. Expected to close Q4 2015 subject to regulatory clearance. | |||
| 2015-09-30 | restructuring | in_progress | 350 | 2014-01-01 | 2015-12-31 | Western Europe | Drivetrain | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Finalized severance agreements with two labor unions at separate facilities in Western Europe for approx 350 employees. Cash payments expected to be complete by end of 2015. | |
| 2015-09-30 | restructuring | in_progress | 40 | 2014-04-01 | Germany | Engine | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of Gustav Wahler GmbH u. Co. KG. Termination benefits relate to approx 40 employees in Germany in 2015. | ||
| 2015-09-30 | restructuring | in_progress | Global | Corporate | USD 3 (millions) | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Global realignment plan intended to enhance treasury management flexibility by creating a legal entity structure that better aligns with business strategy. Employee count not disclosed. | ||||
| 2015-09-30 | restructuring | in_progress | USD 9,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 3,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 2,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | 350 | Drivetrain [Member] | USD 3,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-09-30 | restructuring | in_progress | Corporate and Other [Member] | USD 3,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-09-30 | restructuring | in_progress | 40 | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2015-06-30 | restructuring | in_progress | 350 | 2015-12-31 | Western Europe | Drivetrain | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated Q4 2013; severance agreements with two labor unions at separate Western Europe facilities covering approximately 350 employees were finalized during 2014 (no exact announcement date given). Charge shown is for the six months ended 2015-06-30 ($7.9M in Q2 2015), comprising $13.2M termination benefits and $2.0M other. Cash payments expected complete by end of 2015; MD&A separately estimates about $13M of additional Drivetrain restructuring over the next year. | ||
| 2015-06-30 | restructuring | in_progress | 60 | Germany, Brazil, China | Engine | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions to improve profitability of the Wahler acquisition (approximately 60 employees) were initiated in Q2 2014; no current-period charge is separately quantified for this program. MD&A states Engine segment restructuring charges mainly relate to this Wahler restructuring and estimates about $14M of Engine segment restructuring over the next two years. | ||||
| 2015-06-30 | restructuring | in_progress | Global | Corporate (treasury/legal entity structure) | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global realignment plan to enhance treasury management flexibility via a new legal entity structure; charge shown is for the six months ended 2015-06-30 ($9.4M in Q2 2015). No employee count or completion date disclosed. | ||||
| 2015-06-30 | acquisition_addition | announced | 6,600 | 2015-07-13 | 2015-12-31 | Global (operations in ten countries) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Definitive agreement to acquire Remy International at $29.50 per share (enterprise value about $1.2B), announced after quarter close; expected to close Q4 2015 subject to stockholder and regulatory approvals. Count reflects Remy's disclosed headcount as of 2014-12-31, not a post-close addition figure. | |||
| 2015-06-30 | acquisition_addition | completed | 2015-01 | India | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Completed purchase of the remaining 51% of BERU Diesel Start Systems Pvt. Ltd. for $12.6M cash, giving 100% ownership; closed in January 2015 (Q1 2015, prior to the quarter covered by this report). No headcount disclosed for the acquired entity. | ||||
| 2015-06-30 | restructuring | in_progress | 350 | 2014-01-01 | 2015-12-31 | Western Europe | Drivetrain | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Finalized severance agreements with two labor unions at separate facilities in Western Europe for approx 350 employees in 2014. YTD 2015 charge of $15.2M. Cash payments expected to be complete by end of 2015. | |
| 2015-06-30 | restructuring | in_progress | 60 | 2014-04-01 | 2017-06-30 | Germany, Brazil, China | Engine | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of Gustav Wahler GmbH u. Co. KG (Wahler) initiated in Q2 2014. Relates to approx 60 employees. YTD 2015 charge of $12.1M. Approx $14M expected over next two years. | |
| 2015-06-30 | restructuring | in_progress | 2014-01-01 | Global | Corporate | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global realignment plan to enhance treasury management flexibility. YTD 2015 charge of $12.1M. Employee count not disclosed. | |||
| 2015-06-30 | restructuring | in_progress | USD 19,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 9,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 6,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 2,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-06-30 | restructuring | in_progress | 350 | Drivetrain [Member] | USD 7,900,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-06-30 | restructuring | in_progress | Corporate and Other [Member] | USD 9,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | 350 | 2015-12-31 | Western Europe | Drivetrain | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated Q4 2013; severance agreements with two labor unions at separate Western Europe facilities covering approximately 350 employees finalized in 2014. Charge shown is Q1 2015 expense (Q1 2014 was $35.4M). Includes $6.4M employee termination benefits and $0.9M other expense in Q1 2015. Approximately $6M of additional employee termination benefits expected over the next year; future cash payments expected complete by end of 2015. | ||
| 2015-03-31 | restructuring | in_progress | Engine | USD 16 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Engine segment restructuring mainly relates to restructuring of the Wahler acquisition; approximately $16 million expected to be incurred over the next two years. No employee count disclosed. | |||||
| 2015-03-31 | restructuring | in_progress | Global | Corporate / Treasury | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global realignment plan to enhance treasury management flexibility via a new legal entity structure; $2.7M expense recorded in Q1 2015 (Q1 2014: $1.1M). No employee count disclosed. | ||||
| 2015-03-31 | acquisition_addition | completed | 2015-01-31 | 2015-01-31 | India | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | January 2015 purchase of remaining 51% of BERU Diesel from former JV partner, taking ownership to 100%; cash paid net of cash acquired $12.6M. Glow plug development/manufacturing JV formed 1996. No headcount added disclosed. | |||
| 2015-03-31 | restructuring | in_progress | 350 | 2014-01-01 | 2015-12-31 | Western Europe | Drivetrain | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Continuation of actions initiated in Q4 2013; finalized severance agreements with two labor unions for approx. 350 employees. Q1 2015 charge includes $6.4M employee termination benefits. | |
| 2015-03-31 | restructuring | in_progress | 2015-01-01 | 2017-12-31 | Global | Engine | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Restructuring of Wahler acquisition. MD&A states approx. $16M to be incurred over next two years. Employee count not disclosed. | |||
| 2015-03-31 | restructuring | in_progress | 2015-01-01 | 2015-12-31 | Global | Corporate | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global realignment plan to enhance treasury management flexibility. Employee count not disclosed. | ||
| 2015-03-31 | restructuring | in_progress | USD 12,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2015-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 7,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 7,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2015-03-31 | restructuring | in_progress | 350 | Drivetrain [Member] | USD 7,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2015-03-31 | restructuring | in_progress | Corporate and Other [Member] | USD 2,700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | 350 | 2013-10-01 | 2015-12-31 | Western Europe | Drivetrain | USD 62 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program initiated in Q4 2013 (exact date not disclosed; quarter start shown); severance agreements with two labor unions at separate Western Europe facilities finalized in Q1 2014 for approximately 350 employees. FY2014 charge of $61.8M comprises $50.6M employee termination benefits and $11.2M other expense. Future cash payments expected complete by end of 2015; approximately $25M of additional Drivetrain restructuring expected over the following year per MD&A. | |
| 2014-12-31 | restructuring | in_progress | 95 | 2014-04-01 | Germany, Brazil, United States, China | Engine | USD 7 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in Q2 2014 to improve profitability of the Wahler acquisition (exact date not disclosed; quarter start shown); $6.5M of employee termination benefits for approximately 95 employees. MD&A indicates Engine segment restructuring also included other charges beyond this termination benefit amount; approximately $17M of additional Engine restructuring expected over the following two years. | ||
| 2014-12-31 | restructuring | in_progress | Global | Corporate | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Global realignment plan to enhance treasury management flexibility via a new legal entity structure; $12.0M recorded in FY2014 ($4.0M in FY2013). Employees affected not disclosed; announcement date not disclosed. | ||||
| 2014-12-31 | acquisition_addition | completed | 2014-02-28 | 2014-02-28 | Germany, Brazil, United States, China, Slovakia | Engine | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Wahler completed February 28, 2014; cash paid net of cash acquired $110.5M. Headcount added through the acquisition not disclosed. | |||
| 2014-12-31 | acquisition_addition | completed | 2015-01 | 2015-01 | India | Engine | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completed January 2015, after fiscal year-end, by acquiring the shares of the former joint venture partner; Company now owns 100% of the entity. Headcount added not disclosed; only month of completion stated. | |||
| 2014-12-31 | restructuring | in_progress | 350 | 2014-01-01 | Western Europe | Drivetrain | USD 62 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Finalization of severance agreements with two labor unions at separate facilities for approximately 350 employees. Charge includes $50.6M employee termination benefits and $11.2M other expense. | ||
| 2014-12-31 | restructuring | in_progress | 95 | 2014-04-01 | Germany, Brazil, China, U.S. | Engine | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Actions to improve profitability of Wahler acquisition. Termination benefits for approximately 95 employees. | ||
| 2014-12-31 | restructuring | in_progress | 2014-01-01 | Global | Corporate | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Global realignment plan to enhance treasury management flexibility. Employee count not disclosed. | |||
| 2014-12-31 | restructuring | completed | 350 | 2014-03-31 | 2014-12-31 | Western Europe | Drivetrain | USD 62 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Finalization of severance agreements with two labor unions at separate facilities. Charge includes $50.6M employee termination benefits and $11.2M other expense. | |
| 2014-12-31 | restructuring | in_progress | 95 | 2014-06-30 | Germany, Brazil, China, U.S. | Engine (Wahler acquisition) | USD 7 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Initiated actions to improve profitability of Wahler acquisition. Charge relates to employee termination benefits. | ||
| 2014-12-31 | restructuring | in_progress | 2014-12-31 | Global | Corporate | USD 12 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Global realignment plan to enhance treasury management flexibility. Employee count not disclosed. | |||
| 2014-12-31 | restructuring | in_progress | USD 17,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2014-12-31 | restructuring | in_progress | Corporate and Other [Member] | USD 5,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Employee Severance [Member] | USD 56,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 49,500,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 7,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | ||||||
| 2014-12-31 | restructuring | in_progress | 350 | Drivetrain [Member] | USD 61,800,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | ||||
| 2014-12-31 | restructuring | in_progress | 95 | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2014-09-30 | restructuring | in_progress | 350 | 2014-03-31 | 2015-12-31 | Western Europe | Drivetrain | USD 52 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance agreements finalized with two labor unions at separate facilities covering approximately 350 employees; announcement date disclosed only at quarter granularity (first quarter 2014). Charge shown is nine-month restructuring expense, including $43.8M employee termination benefits and $8.4M other expense; $7.4M recorded in Q3 alone. Cash payments expected complete by end of 2015; MD&A indicates roughly $35M of additional Drivetrain restructuring expense over the next two years. | |
| 2014-09-30 | restructuring | in_progress | 80 | 2014-06-30 | Germany, Brazil, China | Engine | USD 5 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee termination benefits for approximately 80 employees at the Wahler business acquired 2014-02-28; announcement date disclosed only at quarter granularity (second quarter 2014). Charge shown is nine-month termination benefits ($2.2M recorded in Q3). Additional restructuring expected over the following two years; MD&A indicates roughly $23M of additional Engine segment restructuring expense over the next two years. | ||
| 2014-09-30 | restructuring | in_progress | Global | Corporate — treasury and legal entity structure | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Global realignment plan intended to enhance treasury management flexibility through a revised legal entity structure; no employee count, announcement date, or completion date disclosed. Charge shown is nine-month restructuring expense ($3.5M recorded in Q3). | ||||
| 2014-09-30 | restructuring | in_progress | 350 | 2014-01-01 | 2015-12-31 | Western Europe | Drivetrain | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance agreements finalized in Q1 2014 for approx. 350 employees at separate facilities. Q3 charge of $7.4M; YTD charge of $52.2M. Future cash payments expected complete by end of 2015. | |
| 2014-09-30 | restructuring | in_progress | 80 | 2014-04-01 | 2016-12-31 | Germany, Brazil, China | Engine (Wahler) | USD 2 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions initiated in Q2 2014 to improve profitability of Wahler acquisition. Q3 charge of $2.2M; YTD charge of $5.3M. Additional expenses expected over next two years. | |
| 2014-09-30 | restructuring | in_progress | 2014-01-01 | Global | Corporate | USD 4 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Global realignment plan to enhance treasury management flexibility. Q3 charge of $3.5M; YTD charge of $6.6M. Employee count not disclosed. | |||
| 2014-09-30 | restructuring | in_progress | USD 67,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-09-30 | restructuring | in_progress | Employee Severance [Member] | USD 7,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 5,300,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 2,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | Corporate and Other [Member] | USD 3,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-09-30 | restructuring | in_progress | 350 | Drivetrain [Member] | USD 52,200,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2014-09-30 | restructuring | in_progress | 80 | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2014-06-30 | restructuring | in_progress | 350 | 2015-12-31 | Western Europe | Drivetrain | USD 45 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated Q4 2013; severance agreements with two labor unions finalized in Q1 2014 covering approximately 350 employees. $44.8M restructuring expense recorded in six months ended June 30, 2014, including $38.5M employee termination benefits. Approximately $20.0M of additional employee termination benefits expected over the next two years; future cash payments expected complete by end of 2015. No specific announcement date disclosed. | ||
| 2014-06-30 | restructuring | in_progress | 60 | Germany | Engine | USD 3 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in Q2 2014 to improve profitability of the Wahler acquisition; $3.1M of employee termination benefits recorded for approximately 60 employees. Additional restructuring expenses expected over the next two years. Wahler operates in Germany, Brazil, U.S., China and Slovakia; filer does not specify the facility location of these employees. | |||
| 2014-06-30 | acquisition_addition | completed | 2014-02-28 | Germany, Brazil, United States, China, Slovakia | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Gustav Wahler GmbH u. Co. KG completed February 28, 2014; cash paid net of cash acquired was $106.4 million. Headcount added through the acquisition is not disclosed. | ||||
| 2014-06-30 | restructuring | in_progress | 350 | 2014-01-01 | 2015-12-31 | Western Europe | Drivetrain | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Finalized severance agreements with two labor unions at separate facilities. Q3 2014 charge of $9.4M; YTD charge $44.8M. Includes $6.4M employee termination benefits and $3.0M other expense for Q3. Future cash payments expected complete by end of 2015. | |
| 2014-06-30 | restructuring | in_progress | 60 | 2014-04-01 | 2016-12-31 | Global | Engine | USD 3 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions to improve profitability of acquired Wahler business. Q3 2014 charge of $3.1M for employee termination benefits. Additional expenses expected over next two years. | |
| 2014-06-30 | restructuring | in_progress | USD 54,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2014-06-30 | restructuring | in_progress | 350 | Drivetrain [Member] | USD 9,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | ||||
| 2014-06-30 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 6,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Employee Severance [Member] | USD 10,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 3,600,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-06-30 | restructuring | in_progress | 60 | Gustav Wahler GmbH u. Co. KG and General Partner [Member] | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2014-03-31 | restructuring | in_progress | 350 | 2015-12-31 | Western Europe | Drivetrain | USD 40 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Actions initiated in Q4 2013; severance agreements finalized during Q1 2014 with two labor unions at separate Western European facilities covering approximately 350 employees. Q1 2014 charge of $39.5M comprises $32.8M employee termination benefits and $6.7M other expense. An additional $26.0M of employee termination benefits is expected over the next two years as employees render service; MD&A separately cites roughly $51.0M of additional restructuring charges over the next two years for the Drivetrain plan. Employee-related accrual balance at 2014-03-31 was $41.2M ($39.3M Drivetrain, $1.9M Engine). No announcement date stated in the filing. | ||
| 2014-03-31 | acquisition_addition | completed | 2014-02-28 | Germany, Brazil, United States, China, Slovakia | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Gustav Wahler GmbH u. Co. KG (EGR valves, EGR tubes, thermostats) closed 2014-02-28 for $106.4M cash net of cash acquired; no employee headcount for the acquired business is disclosed in this filing. | ||||
| 2014-03-31 | restructuring | in_progress | 350 | 2013-10-01 | 2015-12-31 | Western Europe | Drivetrain | USD 40 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Actions initiated in Q4 2013 to improve profitability. Q1 2014 charge includes $32.8M employee termination benefits and $6.7M other expense. Approximately 350 employees affected at separate facilities. Additional $26.0M termination benefits expected over next two years. | |
| 2014-03-31 | restructuring | in_progress | 350 | USD 39,500,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | Expected positions to be eliminated | |||||
| 2014-03-31 | restructuring | in_progress | Employee Severance [Member] / Drivetrain [Member] | USD 32,100,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Employee Severance [Member] | USD 32,800,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2014-03-31 | restructuring | in_progress | Employee Severance [Member] / Engine [Member] | USD 700,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | ||||||
| 2013-12-31 | restructuring | in_progress | 300 | 2013-12-31 | 2015-06-30 | Europe | Drivetrain | USD 52 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Recorded in Q4 2013; exact announcement date not disclosed. Charge comprises $37.3M asset impairment (machinery/equipment and intangibles tied to closure of certain European Drivetrain facilities), $10.4M employee termination benefits for approximately 300 employees, and $4.6M other. Termination benefit liability expected to be paid by mid-2015. Company estimates approximately $90M of additional restructuring charges over the next two years under this Drivetrain program. | |
| 2013-12-31 | acquisition_addition | announced | 2013-12-31 | 2014-03-31 | Germany, Brazil, United States, China, Slovakia | Engine | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement signed in December 2013 to acquire Gustav Wahler GmbH u. Co. KG (EGR valves, EGR tubes, thermostats); expected to close Q1 2014 subject to regulatory approvals. Wahler 2013 sales expected at approximately $350 million; headcount to be added not disclosed. | |||
| 2013-12-31 | restructuring | in_progress | 300 | 2013-12-31 | 2015-06-30 | Europe | Drivetrain | USD 52 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Initiation of Drivetrain segment actions. Employee termination costs relate to approx 300 employees primarily in Europe. Liability expected to be paid out by middle of 2015. Total restructuring expense $52.3M includes $37.3M asset impairment, $10.4M employee termination benefits, $4.6M other. | |
| 2013-12-31 | restructuring | in_progress | 300 | 2013-12-31 | 2015-06-30 | Europe | Drivetrain | USD 10 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Employee termination costs relate to approximately 300 employees primarily in Europe. Liability expected to be paid out by the middle of 2015. Part of Drivetrain segment actions to improve profitability. | |
| 2013-12-31 | restructuring | in_progress | 300 | USD 52,300,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | Expected positions to be eliminated | |||||
| 2013-09-30 | restructuring | completed | 2012-07-01 | BERU on-going business | USD 17 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring expense recorded in Q3 2012 primarily associated with disposal and future requirements of BERU's on-going business. Includes $16.9 million of employee termination benefits. No employee count disclosed. | ||||
| 2013-09-30 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-12-31 | divestiture_reduction | completed | 2012-06-30 | 2012-09-30 | Germany / global | Engine (BERU spark plug business) | USD 40 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the spark plug business to Federal-Mogul completed during Q2–Q3 2012 for $55.2 million cash; $39.7 million loss primarily from write-down of prior purchase price accounting adjustments. Headcount transferred not disclosed. | ||
| 2012-12-31 | restructuring | completed | 2012-09-30 | 2013-09-30 | Germany | Engine (BERU on-going business) | USD 27 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Recorded in Q3 2012 for the spark plug disposal and future requirements of BERU's continuing business: $9.0M employee termination benefits, $6.3M contract cancellations, $12.1M other charges (incl. asset write-downs). Company expects to pay all termination benefits within 12 months; affected employee count not disclosed. | ||
| 2012-12-31 | voluntary_separation | completed | 2012-12-31 | 2012-12-31 | United States | Executive (Named Executive Officers) | USD 12 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q4 2012 expense for retiring Named Executive Officers, including $7.0M to waive forfeiture provisions of restricted stock and performance share grants. Number of executives not disclosed. | ||
| 2012-12-31 | other | completed | 2012-12-31 | 2012-12-31 | United States | Muncie, Indiana plant (defined benefit pension settlement) | USD 6 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-cash settlement loss on a portion of the Muncie Plant pension obligation in December 2012 under the 2009 Plant Shutdown Agreement; plant operations had ceased in 2009, so no 2012 headcount reduction. | ||
| 2012-12-31 | acquisition_addition | completed | 2012-12-31 | 2012-12-31 | South Korea | Engine (BERU Systems Korea) | USD 15 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of the remaining 49% noncontrolling interest during Q3–Q4 2012; entity was already consolidated, so no incremental headcount addition is implied. Headcount not disclosed. | ||
| 2012-12-31 | restructuring | completed | 2012-09-30 | Global | BERU Systems | USD 27 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Restructuring expense primarily associated with the disposal and future requirements of BERU's on-going business. Includes $9.0 million employee termination benefits, $6.3 million contract cancellation costs, and $12.1 million other charges. Employee count not disclosed. | |||
| 2012-12-31 | restructuring | completed | 2012-09-30 | Global | BERU Systems | USD 27 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Restructuring expense primarily associated with the disposal and future requirements of BERU's on-going business. Includes $9.0 million of employee termination benefits. | |||
| 2012-12-31 | restructuring | in_progress | USD 27,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2012-09-30 | restructuring | in_progress | 2013-09-30 | BERU on-going business (Engine segment) | USD 27 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Charge recorded in Q3 2012; includes $16.9M employee termination benefits and $10.5M other charges, primarily asset write-downs. Filing states termination benefits are expected to be paid within the next 12 months; no employee count or announcement date disclosed. Announcement date inferred as null because the filing does not state one. | ||||
| 2012-09-30 | divestiture_reduction | completed | 2012-06-30 | 2012-09-30 | Spark plug business (Engine segment) | USD 40 (millions) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Master Purchase Agreement to sell spark plug business to Federal-Mogul signed in Q2 2012; sale completed Q3 2012 with $55.2M cash proceeds. The $39.7M nine-month loss from disposal activities is a purchase price accounting write-down (BERU-related), not a severance charge. No headcount removed disclosed. Announcement date reflects the quarter in which the agreement was signed; exact date not stated. | |||
| 2012-09-30 | restructuring | in_progress | 2012-09-30 | 2013-09-30 | Global | BERU on-going business | USD 27 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Includes $16.9 million of employee termination benefits and $10.5 million of other charges. Company expects to pay all employee termination benefits in the next 12 months. | ||
| 2012-09-30 | restructuring | in_progress | USD 27,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2012-06-30 | divestiture_reduction | in_progress | 2012-06-30 | 2012-09-30 | Engine (spark plug business / BERU) | USD 38 (millions) | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Master Purchase Agreement signed in Q2 2012 to sell spark plug business to Federal-Mogul; $37.9M write-down of prior purchase price accounting adjustments, not severance. No employee count disclosed; restructuring-related costs anticipated at closing in Q3 2012. | |||
| 2011-12-31 | acquisition_addition | completed | 2011-01-31 | 2011-01-31 | Sweden, Hungary, Mexico | Drivetrain | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 100% of Haldex Traction Holding AB completed January 31, 2011 for consideration of $214.9 million net of cash acquired; acquired headcount not disclosed. | |||
| 2011-12-31 | divestiture_reduction | completed | Germany | Engine (ignitor and electronics / tire pressure monitoring) | USD 22 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale of the tire pressure monitoring business, including the Bretten, Germany facility, to Huf Electronics GmbH for $22.9 million cash; disclosed only as occurring in the fourth quarter of 2011, so announcement/completion dates not stated. Charge of $21.5 million covers loss on sale, divestiture costs and a write-down of part of the ignitor and electronics business; affected employees not disclosed. | ||||
| 2011-12-31 | restructuring | in_progress | USD 0 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2011-03-31 | acquisition_addition | completed | 2011-01-31 | Sweden; Hungary; Mexico | Drivetrain | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Haldex Traction Holding II AB for $214.9M net of cash; no employee headcount disclosed for the acquired workforce. | ||||
| 2010-12-31 | acquisition_addition | completed | 2010-04-10 | 2010-04-10 | Spain | Engine | USD 148 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired 100% of Dytech ENSA S.L., an EGR cooler and module producer; gross cost $147.7 million ($147.6 million net of cash). Headcount added not disclosed. | ||
| 2010-12-31 | acquisition_addition | completed | 2010-05-01 | 2010-05-01 | Germany | Engine | USD 10 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired the remaining 50% of the former 50/50 electric cabin heater joint venture; $9.6 million cash payment. Headcount added not disclosed. | ||
| 2010-12-31 | acquisition_addition | completed | 2011-01-31 | 2011-01-31 | Sweden | Drivetrain | USD 205 (millions) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Subsequent event after fiscal year-end; purchase price approximately $205 million (1.425 billion Swedish Krona). Headcount added not disclosed. | ||
| 2010-12-31 | restructuring | completed | 2008-07-31 | North America, Europe, Asia | Engine, Drivetrain, Corporate | USD 0 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | No restructuring expense recorded in 2010. Prior year actions (2008/2009) reduced workforce by approx 2,400 in NA, 1,600 in Europe, 400 in Asia (2008) and 550 in NA, 150 in Europe, 60 in Asia (2009). 2010 charge was zero. | |||
| 2010-12-31 | restructuring | completed | 2008-07-31 | North America, Europe, Asia | Engine, Drivetrain, Corporate | USD 128 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2008 program. Reduced NA workforce by ~2,400 (33%), Europe by ~1,600 (18%), Asia by ~400 (17%). Total charge $127.5M including $54.6M employee termination benefits and $72.9M asset impairment. | |||
| 2010-12-31 | restructuring | completed | 2009-04-01 | North America, Europe, Asia | Engine, Drivetrain, Corporate | USD 50 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | 2009 Q2 actions. Reduced NA workforce by ~550 (12%), Europe by ~150 (2%), Asia by ~60 (3%). Total charge $50.3M including $9.0M employee termination benefits, $36.3M asset impairment, and $5.0M other charges. | |||
| 2010-12-31 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States | Drivetrain | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of Muncie, Indiana Drivetrain facility. Operations ceased March 31, 2009. Resulted in $27.9M net pre-tax gain related to retiree obligations. | |||
| 2010-09-30 | restructuring | completed | 2009-04-01 | 2010-12-31 | North America, Europe, Asia | Engine, Drivetrain, Corporate | USD 50 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Restructuring actions taken in Q3/Q4 2008 and Q2 2009. Q2 2009 actions reduced workforce by approx 760 people (550 NA, 150 EU, 60 Asia). Total 2009 expense $50.3M. Future cash payments expected to be complete in next twelve months from Sept 30, 2010. | ||
| 2010-09-30 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States | Drivetrain | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Muncie Plant operations effectively ceased March 31, 2009. Resulted in $41.9M curtailment gain and $14.0M settlement loss on retiree health care obligation. | |||
| 2010-06-30 | acquisition_addition | completed | 2010-04-09 | Spain (Vigo) | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 100% acquisition of EGR cooler/module producer for $147.6M net of cash; headcount added not disclosed in filing. | ||||
| 2010-06-30 | acquisition_addition | completed | 2010-05-01 | Germany (Kandel) | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired former 50/50 JV partner making electric cabin heaters; pre-tax gain of $8.0M on remeasurement; employee count not disclosed. | ||||
| 2010-06-30 | restructuring | completed | 550 | 12% | 2009-04-01 | 2010-12-31 | North America | Corporate / Engine / Drivetrain | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction in North American workforce by approximately 550 people (12%) announced in Q2 2009. Future cash payments for these activities expected to be complete during 2010. | |
| 2010-06-30 | restructuring | completed | 150 | 2% | 2009-04-01 | 2010-12-31 | Europe | Corporate / Engine / Drivetrain | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction in European workforce by approximately 150 people (2%) announced in Q2 2009. Future cash payments for these activities expected to be complete during 2010. | |
| 2010-06-30 | restructuring | completed | 60 | 3% | 2009-04-01 | 2010-12-31 | Asia | Corporate / Engine / Drivetrain | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction in Asian workforce by approximately 60 people (3%) announced in Q2 2009. Future cash payments for these activities expected to be complete during 2010. | |
| 2010-06-30 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States | Drivetrain | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of Muncie, Indiana automotive component plant. Operations effectively ceased as of March 31, 2009. Employee count not explicitly disclosed for this specific closure event. | |||
| 2010-03-31 | acquisition_addition | announced | 1,000 | 2010-04-09 | Spain, Portugal, India | Engine | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Dytech ENSA SL employs approximately 1,000 people; 2009 annual sales ~$180 million. Post-quarter acquisition. | |||
| 2010-03-31 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States (Muncie, Indiana) | Drivetrain | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Muncie Plant closure with UAW Plant Shutdown Agreement; operations ceased 2009-03-31. No employee count disclosed. PBGC settlement finalized 2010-03-24 with $15M annual contributions 2011-2013. | |||
| 2010-03-31 | restructuring | in_progress | 2010-12-31 | North America, Europe, Asia | Drivetrain, Engine, Corporate | USD 8 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee-related restructuring accrual balance of $8.8M at 2010-03-31 (from $17.5M at 2009-12-31); $8.0M cash payments in Q1 2010. Actions taken in Q3-Q4 2008 and Q2 2009 in response to declines in global customer production. No employee counts disclosed. Expected completion during 2010. | |||
| 2010-03-31 | restructuring | in_progress | 2010-12-31 | Global | Drivetrain, Engine, Corporate | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Balance of employee-related restructuring accruals as of March 31, 2010. Future cash payments expected to be complete during 2010. | |||
| 2009-12-31 | restructuring | completed | 550 | 12% | 2009-04-01 | 2009-06-30 | North America | Engine, Drivetrain, Corporate | USD 50 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 restructuring; total charge $50.3M split by segment: Engine $27.2M, Drivetrain $19.7M, Corporate $3.4M. Charge includes $9.0M employee termination, $36.3M asset impairment, $5.0M other. Percent is of North American workforce. |
| 2009-12-31 | restructuring | completed | 150 | 2% | 2009-04-01 | 2009-06-30 | Europe | Engine, Drivetrain, Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 restructuring sub-component; percent is of European workforce. Total program charge $50.3M not allocated by geography. | |
| 2009-12-31 | restructuring | completed | 60 | 3% | 2009-04-01 | 2009-06-30 | Asia | Engine, Drivetrain, Corporate | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 restructuring sub-component; percent is of Asian workforce. Total program charge $50.3M not allocated by geography. | |
| 2009-12-31 | plant_closure | completed | 2009-02-26 | 2009-03-31 | Muncie, Indiana, United States | Drivetrain | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Muncie, Indiana plant closure via Plant Shutdown Agreement with UAW; operations ceased March 31, 2009. Associated $27.9M net pre-tax gain from retiree obligation remeasurement ($41.9M curtailment gain less $14.0M settlement loss). Employee headcount at plant not disclosed. | ||
| 2009-12-31 | restructuring | completed | 550 | 12% | 2009-04-01 | 2009-12-31 | North America | All Segments | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Second quarter 2009 restructuring. Reduced North American workforce by approximately 550 people, or 12%. Net restructuring expense for employee termination benefits was $9.0 million. |
| 2009-12-31 | restructuring | completed | 150 | 2% | 2009-04-01 | 2009-12-31 | Europe | All Segments | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Second quarter 2009 restructuring. Reduced European workforce by approximately 150 people, or 2%. | |
| 2009-12-31 | restructuring | completed | 60 | 3% | 2009-04-01 | 2009-12-31 | Asia | All Segments | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Second quarter 2009 restructuring. Reduced Asian workforce by approximately 60 people, or 3%. | |
| 2009-12-31 | restructuring | completed | 550 | 2009-04-01 | North America | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced North American workforce by approximately 550 people, or 12%. Net restructuring expense for employee termination benefits was $9.0 million. | |||
| 2009-12-31 | restructuring | completed | 150 | 2009-04-01 | Europe | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced European workforce by approximately 150 people, or 2%. | ||||
| 2009-12-31 | restructuring | completed | 60 | 2009-04-01 | Asia | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced Asian workforce by approximately 60 people, or 3%. | ||||
| 2009-12-31 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States | Drivetrain | USD -28 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Closure of Muncie, Indiana, Drivetrain facility. Resulted in $27.9 million net pre-tax gain related to retiree obligations. | ||
| 2009-12-31 | restructuring | in_progress | USD 38,400,000 (absolute) | restructuring_footnote f5-10k / no-ai-xblr | |||||||
| 2009-09-30 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States (Muncie, Indiana) | BorgWarner Diversified Transmission Products Inc. (DTP) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plant Shutdown Agreement with the UAW; operations ceased 2009-03-31. No employee count disclosed. Combined pre-tax impact was a net gain of $27.9M ($41.9M curtailment gain, $14.0M settlement loss), not a charge. $34.0M accrued for retiree healthcare settlement payable through April 2010. | |||
| 2009-09-30 | restructuring | completed | 550 | 12% | North America | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second quarter 2009 headcount reduction of approximately 550 people, stated as 12% of the North American workforce (regional, not total-workforce, percentage). No announcement date given. Program-level 2009 restructuring expense of $50.3M split by segment: Engine $27.2M, Drivetrain $19.7M, Corporate $3.4M; includes $36.3M asset impairment and $5.0M other charges not allocated by geography. Remaining accrual payments expected complete by mid-2010. | ||||
| 2009-09-30 | restructuring | completed | 150 | 2% | Europe | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second quarter 2009 headcount reduction of approximately 150 people, stated as 2% of the European workforce (regional percentage). Same program as the North America and Asia records; no announcement date or geography-level charge disclosed. | ||||
| 2009-09-30 | restructuring | completed | 60 | 3% | Asia | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Second quarter 2009 headcount reduction of approximately 60 people, stated as 3% of the Asian workforce (regional percentage). Same program as the North America and Europe records; no announcement date or geography-level charge disclosed. | ||||
| 2009-09-30 | restructuring | in_progress | 550 | 12% | 2009-04-01 | North America | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second quarter 2009 restructuring actions. 12% of North American workforce reduced. | |||
| 2009-09-30 | restructuring | in_progress | 150 | 2% | 2009-04-01 | Europe | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second quarter 2009 restructuring actions. 2% of European workforce reduced. | |||
| 2009-09-30 | restructuring | in_progress | 60 | 3% | 2009-04-01 | Asia | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Second quarter 2009 restructuring actions. 3% of Asian workforce reduced. | |||
| 2009-09-30 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States | Drivetrain | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Muncie, Indiana plant shutdown agreement with UAW. Operations ceased March 31, 2009. Specific headcount not disclosed. | |||
| 2009-09-30 | restructuring | in_progress | USD 39,400,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2009-06-30 | restructuring | in_progress | 550 | 12% | 2010-06-30 | North America | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 headcount reduction of about 550, stated as 12% of the North American workforce (percent is regional, not consolidated). Total 2009 restructuring expense of $50.3M is disclosed by segment (Engine $27.2M, Drivetrain $19.7M, Corporate $3.4M), not by geography; Q2 components were $9.0M termination benefits, $36.3M asset impairment, $5.0M other. No announcement date given; future cash payments expected complete by mid-2010. | |||
| 2009-06-30 | restructuring | in_progress | 150 | 2% | 2010-06-30 | Europe | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 headcount reduction of about 150, stated as 2% of the European workforce (percent is regional, not consolidated). Charges not allocated by geography in the filing. | |||
| 2009-06-30 | restructuring | in_progress | 60 | 3% | 2010-06-30 | Asia | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Q2 2009 headcount reduction of about 60, stated as 3% of the Asian workforce (percent is regional, not consolidated). Charges not allocated by geography in the filing. | |||
| 2009-06-30 | plant_closure | completed | 2009-02-26 | 2009-03-31 | Muncie, Indiana, United States | Drivetrain | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plant Shutdown Agreement with the UAW signed 2009-02-26; operations effectively ceased 2009-03-31 (first quarter, disclosed in this filing). No affected-employee count given. Closure produced a net pre-tax gain of $27.9M ($41.9M curtailment gain less $14.0M settlement loss), so no severance charge is reported. | |||
| 2009-06-30 | restructuring | in_progress | 550 | 12% | 2009-04-01 | North America | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Part of Q2 2009 restructuring actions. Net restructuring expense for employee termination benefits was $9.0 million total across all regions. | |||
| 2009-06-30 | restructuring | in_progress | 150 | 2% | 2009-04-01 | Europe | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Part of Q2 2009 restructuring actions. | |||
| 2009-06-30 | restructuring | in_progress | 60 | 3% | 2009-04-01 | Asia | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Part of Q2 2009 restructuring actions. | |||
| 2009-06-30 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States | Drivetrain | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Closure of Muncie, Indiana plant. Operations ceased March 31, 2009. Resulted in $41.9 million curtailment gain and $14.0 million settlement loss. | |||
| 2009-06-30 | restructuring | in_progress | USD 44,000,000 (absolute) | restructuring_footnote f5-10q / no-ai-xblr | |||||||
| 2009-03-31 | restructuring | in_progress | 2,400 | 2008-07-31 | 2010-06-30 | North America | Consolidated (program spans Engine, Drivetrain and Corporate) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 33% of the North American workforce. Reduction resulted from restructuring actions announced 2008-07-31 and 2008-12-11; headcount reductions effected in Q3/Q4 2008, with remaining severance accrual paid through mid-2010 (accrual $35.8M at 2009-03-31 after $13.9M Q1 payments). 2008 program charges of $127.5M ($54.6M termination benefits, $72.9M asset impairments) are disclosed by segment, not geography, so no charge assigned here. | ||
| 2009-03-31 | restructuring | in_progress | 1,600 | 2008-07-31 | 2010-06-30 | Europe | Consolidated (program spans Engine, Drivetrain and Corporate) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 18% of the European workforce. Same program and timing as the North America component; charge disclosed by segment rather than geography. | ||
| 2009-03-31 | restructuring | in_progress | 400 | 2008-07-31 | 2010-06-30 | Asia | Consolidated (program spans Engine, Drivetrain and Corporate) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Approximately 17% of the Asian workforce. Same program and timing as the other geographic components; charge disclosed by segment rather than geography. | ||
| 2009-03-31 | plant_closure | completed | 2009-02-26 | 2009-03-31 | United States (Muncie, Indiana) | Drivetrain (BorgWarner Diversified Transmission Products Inc.) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Plant Shutdown Agreement with the UAW signed 2009-02-26; production wound down and operations effectively ceased 2009-03-31. No affected-employee count disclosed. Pension/OPEB effects: $41.9M curtailment gain, $14.0M settlement loss (net $27.9M pre-tax gain), $47.2M reduction to retirement-related liabilities, $34.0M added to accounts payable payable May 2009-April 2010. Discussions opened with the PBGC regarding plan funding. | |||
| 2009-03-31 | restructuring | in_progress | 2008-07-31 | 2010-06-30 | North America, Europe, Asia | Engine, Drivetrain, Corporate | USD 128 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | 2008 restructuring program. Q1 2009 cash payments of $13.9M. Remaining liability $35.8M. Total 2008 headcount reduction: ~2,400 NA, ~1,600 Europe, ~400 Asia. | ||
| 2009-03-31 | plant_closure | completed | 2009-02-26 | 2009-03-31 | Muncie, Indiana | Drivetrain | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Muncie Plant operations ceased March 31, 2009. Associated with $27.9M net gain from retiree obligation settlement/curtailment. | |||
| 2008-12-31 | restructuring | in_progress | 2,400 | 2008-07-31 | 2010-06-30 | North America | All segments | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 2,400 people, or 33% of the North American workforce, reduced under the combined Q3/Q4 2008 program (initial announcement 2008-07-31, additional actions announced 2008-12-11). Program-level charge of $127.5M (severance $54.6M; asset impairments $72.9M) is disclosed by segment (Engine $85.3M, Drivetrain $40.9M, Corporate $1.3M), not by geography, so no charge is allocated here. Remaining severance liability payable by mid-2010. | ||
| 2008-12-31 | restructuring | in_progress | 1,600 | 2008-07-31 | 2010-06-30 | Europe | All segments | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 1,600 people, or 18% of the European workforce, reduced under the combined Q3/Q4 2008 program. Same $127.5M program charge as the North America record; charge disclosed by segment only, not by geography. | ||
| 2008-12-31 | restructuring | in_progress | 400 | 2008-07-31 | 2010-06-30 | Asia | All segments | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 400 people, or 17% of the Asian workforce, reduced under the combined Q3/Q4 2008 program. Same $127.5M program charge as the other geography records; charge disclosed by segment only, not by geography. | ||
| 2008-12-31 | plant_closure | in_progress | 2009-04-24 | United States (Muncie, Indiana) | Drivetrain | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure of the Muncie, Indiana drivetrain plant announced during Q4 2006 (exact announcement date not disclosed); production scheduled to cease no later than expiration of the labor contract on 2009-04-24. Associated 2006 charges (including $51.6M asset impairments and $6.8M pension curtailment) were reported in prior filings and are not extracted here; no 2008-specific headcount or charge disclosed. | ||||
| 2008-12-31 | acquisition_addition | completed | 2008-06-30 | 2008-06-30 | Germany | Engine | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | DPTA completed in Q2 2008 gave BorgWarner full control of BERU AG; approximately 13.4% of BERU shares tendered during 2008 at a cost of $133.6M, bringing ownership to approximately 96%. No headcount added through the transaction is disclosed. | |||
| 2008-12-31 | restructuring | completed | 2,400 | 2008-07-31 | 2010-06-30 | North America | Engine and Drivetrain | USD 55 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of North American workforce by approx 2,400 people (33%). Severance liability paid out by mid-2010. | |
| 2008-12-31 | restructuring | completed | 1,600 | 2008-07-31 | 2010-06-30 | Europe | Engine and Drivetrain | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of European workforce by approx 1,600 people (18%). Part of broader restructuring program. | ||
| 2008-12-31 | restructuring | completed | 400 | 2008-07-31 | 2010-06-30 | Asia | Engine and Drivetrain | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of Asian workforce by approx 400 people (17%). Part of broader restructuring program. | ||
| 2008-12-31 | plant_closure | in_progress | 2008-12-11 | 2009-04-24 | United States | Drivetrain | Item 2. Properties f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Announced closure plans for Muncie, Indiana plant. Production to cease by labor contract expiration. | |||
| 2008-12-31 | restructuring | in_progress | 2,400 | 33% | 2008-07-31 | 2010-06-30 | North America | Engine and Drivetrain | USD 55 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced North American workforce by approximately 2,400 people, or 33%. Severance liability of $54.6 million to be paid out by middle of 2010. |
| 2008-12-31 | restructuring | in_progress | 1,600 | 18% | 2008-07-31 | 2010-06-30 | Europe | Engine and Drivetrain | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced European workforce by approximately 1,600 people, or 18%. | |
| 2008-12-31 | restructuring | in_progress | 400 | 17% | 2008-07-31 | 2010-06-30 | Asia | Engine and Drivetrain | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Reduced Asian workforce by approximately 400 people, or 17%. | |
| 2008-09-30 | restructuring | in_progress | 1,200 | 16% | 2008-07-31 | 2009-12-31 | North America | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program-wide restructuring expense was $25.0M ($18.0M employee termination benefits, $7.0M asset impairments), split by segment as Engine $19.3M and Drivetrain $5.7M; charges are not disclosed by geography. $7.2M of the termination liability was paid in Q3 2008; remainder payable before end of 2009. | ||
| 2008-09-30 | restructuring | in_progress | 500 | 6% | 2008-07-31 | 2009-12-31 | Europe | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Same program as the North America record; percentages are of regional workforces as disclosed. Charges not allocated by geography (see North America record note). | ||
| 2008-09-30 | restructuring | in_progress | 1,200 | 16% | 2008-07-31 | 2009-12-31 | North America | Engine and Drivetrain | USD 18 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of North American workforce by approximately 1,200 people (16%). Employee termination benefits of $18.0 million recorded; liability to be paid out prior to end of 2009. |
| 2008-09-30 | restructuring | in_progress | 500 | 6% | 2008-07-31 | 2009-12-31 | Europe | Engine and Drivetrain | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of European workforce by approximately 500 people (6%). Specific severance charge for Europe not separately disclosed from North America in the $18.0 million total. | |
| 2008-06-30 | restructuring | announced | 1,000 | 16% | 2008-07-31 | 2008-09-30 | North America (United States, Canada and Mexico) | USD 10 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced post-quarter on 2008-07-31; ~1,000 people, stated as 16% of North American employee base. Pretax cost estimated in a range of $10 million to $12 million; charge value shown at low end of disclosed range. Reduction targeted for the third quarter of 2008; some aspects not yet finalized. | |
| 2008-06-30 | restructuring | in_progress | 2009-12-31 | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Previously announced restructuring actions; employee-related severance accrual of $8.3 million at 2008-06-30 (down from $9.1 million at 2007-12-31 after $0.8 million of Q2 cash payments). No employee count or announcement date disclosed; future cash payments expected complete by end of 2009. | ||||||
| 2008-06-30 | restructuring | announced | 1,000 | 16% | 2008-07-31 | North America (U.S., Canada, Mexico) | USD 11 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced July 31, 2008. Expected to reduce North American workforce by approx. 1,000 people (16% of NA base). Pretax costs estimated in range of $10 million to $12 million. Benefits expected in second half of 2008. | ||
| 2008-03-31 | restructuring | in_progress | 2009-12-31 | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Employee-related restructuring accrual of $9.1M unchanged during Q1 2008; no cash payments. No employee count disclosed. Future payments expected complete by end of 2009. | |||||
| 2008-03-31 | restructuring | in_progress | 2009-12-31 | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Accrual for employee-related costs from previously announced restructuring actions. Future cash payments expected to be complete by end of 2009. | |||||
| 2007-12-31 | restructuring | in_progress | 850 | 2006-09-22 | 2009-12-31 | United States, Canada, Mexico | Primarily North American operations; primarily Drivetrain segment | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program announced September 22, 2006 (approximately 850 people, or 13%, across 19 North American operations); the $84.7M charge was recorded in 2006. FY2007 activity was limited to cash payments of $7.1M against the $16.2M employee-related accrual, leaving a $9.1M balance at year-end; no new reductions were recorded in 2007. Future cash payments expected complete by end of 2009. | ||
| 2007-12-31 | plant_closure | in_progress | 2009-04-30 | Muncie, Indiana, United States | Drivetrain | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Closure decided in Q4 2006 (exact announcement date not disclosed); production scheduled to cease no later than expiration of the current labor contract in April 2009. Q4 2006 charges included $51.6M asset impairments and $6.8M pension curtailment; no closure-related charge recorded in 2007. Affected headcount not separately disclosed. | ||||
| 2007-12-31 | restructuring | completed | 850 | 2006-09-22 | North America | Engine, Drivetrain, Corporate | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of North American workforce by approximately 850 people (13%) announced Sept 2006. Charges incurred in 2006 ($11.5M total: $7.3M Engine, $3.6M Drivetrain, $0.6M Corporate). Cash payments continued into 2007. | ||
| 2007-12-31 | plant_closure | announced | 2006-12-31 | 2009-04-30 | United States | Drivetrain | USD 73 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Closure of Muncie, Indiana drivetrain plant announced Q4 2006. Production to cease no later than expiration of labor contract in 2009. Charges incurred in 2006 ($73.2M total: $5.9M Engine, $67.3M Drivetrain) included employee costs, asset impairments, and pension curtailment. | ||
| 2007-12-31 | restructuring | completed | 850 | 13% | 2006-09-22 | North America | Engine, Drivetrain, Corporate | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Third quarter 2006 reduction of North American workforce by approximately 850 people (13%). Charge includes $6.7M employee costs and $4.8M asset impairments. Breakdown: Engine $7.3M, Drivetrain $3.6M, Corporate $0.6M. | |
| 2007-12-31 | restructuring | in_progress | 2006-12-31 | 2009-04-30 | United States | Drivetrain | USD 73 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter 2006 evaluation of North American facilities. Closing drivetrain plant in Muncie, Indiana. Production to cease no later than expiration of labor contract in 2009. Charge includes $14.8M employee costs, $51.6M asset impairments, $6.8M pension curtailment. Breakdown: Engine $5.9M, Drivetrain $67.3M. | ||
| 2007-09-30 | restructuring | in_progress | 850 | 13% | 2006-09-22 | 2009-12-31 | United States, Canada, Mexico | Engine, Drivetrain and Corporate (restructuring expense split: Engine $7.3M, Drivetrain $3.6M, Corporate $0.6M) | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced 2006-09-22, prior to this reporting period; carried forward because the employee-related accrual roll-forward runs through this 10-Q (balance $9.2M at 2007-09-30, cash payments expected complete by end of 2009). An additional $4.8M of asset impairment charges was recorded alongside the severance cost. No restructuring expense was recognized in the three or nine months ended 2007-09-30. |
| 2007-09-30 | plant_closure | in_progress | 2009-12-31 | Muncie, Indiana, United States | Drivetrain (four-wheel drive transfer case product line) | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced during Q4 2006 (exact date not disclosed in this filing), prior to this reporting period. Employee-related costs of $14.8M plus asset impairments of $51.6M and pension curtailment expense of $6.8M were recorded in Q4 2006 (segment split: Engine $5.9M, Drivetrain $67.3M). Production scheduled to cease no later than expiration of the current labor contract in 2009. Headcount affected not disclosed. | |||
| 2007-09-30 | restructuring | in_progress | 850 | 2006-09-22 | 2009-12-31 | North America | Engine, Drivetrain, Corporate | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of North American workforce by approx. 850 people (13%) across 19 operations. Includes $6.7M employee costs and $4.8M asset impairments. Future cash payments expected to be complete by end of 2009. | |
| 2007-09-30 | plant_closure | in_progress | 2006-10-01 | 2009-12-31 | Muncie, Indiana | Drivetrain | USD 73 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closure of Drivetrain plant in Muncie, Indiana. Production to cease no later than expiration of current labor contract in 2009. Includes $14.8M employee costs, $51.6M asset impairments, and $6.8M pension curtailment. | ||
| 2007-06-30 | restructuring | in_progress | 850 | 13% | 2006-09-22 | 2009-12-31 | North America (United States, Canada, Mexico) | Engine, Drivetrain and Corporate (19 operations) | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced reduction of about 850 North American jobs, roughly 13% of the regional workforce; $6.7M employee-related costs plus $4.8M asset impairment, with expense split Engine $7.3M, Drivetrain $3.6M, Corporate $0.6M. Employee-related accrual fell from $16.2M at 2006-12-31 to $9.2M at 2007-06-30 after $7.0M of cash payments in the first half of 2007; remaining cash payments expected to be complete by end of 2009. |
| 2007-06-30 | plant_closure | in_progress | 2006 | 2009-12-31 | Muncie, Indiana, United States | Drivetrain | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Fourth-quarter 2006 decision to close the Drivetrain plant; production to cease no later than expiration of the current labor contract in 2009. Charges recorded in Q4 2006: $14.8M employee-related costs, $51.6M asset impairments (primarily four-wheel drive transfer case line) and $6.8M pension curtailment; expense split Engine $5.9M, Drivetrain $67.3M. No employee headcount disclosed for the closure. | ||
| 2007-06-30 | restructuring | in_progress | 850 | 2006-09-22 | 2009-12-31 | North America | Engine, Drivetrain, Corporate | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of North American workforce by approximately 850 people, or 13%, spread across 19 operations in the U.S., Canada and Mexico. Employee related costs of $6.7 million recorded in 2006. Future cash payments expected to be complete by end of 2009. | |
| 2007-06-30 | plant_closure | in_progress | 2006-10-01 | 2009-12-31 | Muncie, Indiana | Drivetrain | USD 15 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Closing of Drivetrain plant in Muncie, Indiana. Production activity scheduled to cease no later than expiration of current labor contract in 2009. Employee related costs of $14.8 million recorded in Q4 2006. | ||
| 2007-03-31 | restructuring | in_progress | 850 | 13% | 2006-09-22 | 2009-12-31 | United States, Canada, Mexico | North American operations across 19 sites; charges split Engine $7.3M, Drivetrain $3.6M, Corporate $0.6M | USD 7 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Announced reduction of about 850 North American employees (13% of that workforce); $6.7M employee-related costs plus $4.8M asset impairment. Severance accrual rolled from $16.2M (2006-12-31) to $10.1M (2007-03-31) after $6.1M cash payments; future payments expected complete by end of 2009. |
| 2007-03-31 | plant_closure | in_progress | 2009-12-31 | Muncie, Indiana, United States | Drivetrain (four-wheel drive transfer case product line) | USD 15 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Drivetrain plant closure recorded in Q4 2006 (announcement date not specified beyond 'fourth quarter of 2006'): $14.8M employee-related costs, $51.6M asset impairments, $6.8M pension curtailment; charges split Engine $5.9M and Drivetrain $67.3M. Production to cease no later than expiration of the current labor contract in 2009. No employee count disclosed. | |||
| 2007-03-31 | restructuring | in_progress | 850 | 2006-09-22 | 2009-12-31 | North America | Engine, Drivetrain, Corporate | USD 7 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of North American workforce by approximately 850 people, or 13%, spread across 19 operations in the U.S., Canada and Mexico. Employee related costs of $6.7 million recorded. Future cash payments expected to be complete by end of 2009. | |
| 2006-12-31 | restructuring | in_progress | 850 | 13% | 2006-09-22 | North America (United States, Canada, Mexico) | Across 19 operations; segment split of charge: Engine $7.3M, Drivetrain $3.6M, Corporate $0.6M | USD 12 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Third quarter provision of $11.5M: $6.7M employee-related costs and $4.8M asset impairments. The 13% figure is the reduction as a percentage of the North American workforce, not of total global headcount of approximately 17,400. Remaining employee-related costs expected to be paid out through 2009. | |
| 2006-12-31 | plant_closure | in_progress | 2006-12-31 | 2009-04-30 | United States (Muncie, Indiana) | Drivetrain | USD 73 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Fourth quarter provision of $73.2M: $14.8M employee-related costs, $51.6M asset impairments (primarily four-wheel drive transfer case product line), $6.8M pension curtailment expense. Segment split of charge: Engine $5.9M, Drivetrain $67.3M. Production scheduled to cease no later than expiration of the current labor contract in 2009; announcement date not separately stated, recorded in Q4 2006. | ||
| 2006-12-31 | acquisition_addition | completed | 2006-09-30 | 2006-09-30 | Europe (Monaco) | Drivetrain | USD 64 (millions) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of the European Transmission and Engine Controls (ETEC) product lines from Eaton Corporation for $63.7 million, net of cash acquired, as of the close of business for the quarter ended September 30, 2006. Headcount added through the transaction is not disclosed; charge value shown is the purchase price, not a severance charge. | ||
| 2006-12-31 | restructuring | completed | 850 | 13% | 2006-09-22 | 2006-12-31 | North America | Engine, Drivetrain, Corporate | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Third quarter reduction of North American workforce by approximately 850 people, or 13%. Charge includes $6.7M employee costs and $4.8M asset impairments. |
| 2006-12-31 | plant_closure | in_progress | 2006-12-31 | 2009-04-30 | United States | Drivetrain | USD 73 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Fourth quarter restructuring including closure of Drivetrain plant in Muncie, Indiana. Production to cease no later than expiration of labor contract in 2009. Charge includes $14.8M employee costs, $51.6M asset impairments, and $6.8M pension curtailment. Specific headcount for this action not disclosed separately from total restructuring. | ||
| 2006-12-31 | restructuring | completed | 850 | 13% | 2006-09-22 | North America | Engine, Drivetrain, Corporate | USD 12 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Third quarter reduction of North American workforce by approximately 850 people, or 13%, spread across 19 operations in the U.S., Canada and Mexico. Charge includes $6.7M employee related costs and $4.8M asset impairments. | |
| 2006-12-31 | plant_closure | in_progress | 2006-12-31 | 2009-04-30 | United States | Drivetrain | USD 73 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Fourth quarter evaluation resulted in closing Drivetrain plant in Muncie, Indiana. Production activity scheduled to cease no later than expiration of current labor contract in 2009. Charge includes $14.8M employee related costs, $51.6M asset impairments, and $6.8M pension curtailment expense. | ||
| 2006-09-30 | restructuring | in_progress | 850 | 13% | 2006-09-22 | North America (U.S., Canada, Mexico) | Engine, Drivetrain and Corporate (restructuring expense: Engine $7.3M, Drivetrain $3.6M, Corporate $0.6M) | USD 12 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | 13% of North American workforce across 19 operations; charge comprises $6.7M employee termination benefits (liability to be substantially paid before end of 2006) and $4.8M asset impairment. Percent is of North American workforce, not global total; no global headcount disclosed in filing. | |
| 2006-09-30 | restructuring | in_progress | 850 | 13% | 2006-09-22 | 2006-12-31 | North America (U.S., Canada, Mexico) | Engine, Drivetrain, Corporate | USD 12 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of North American workforce by approx. 850 people (13%) across 19 operations. Includes $6.7M employee termination benefits and $4.8M asset impairment. Liability substantially paid out prior to end of 2006. |
| 2005-12-31 | acquisition_addition | completed | 2,700 | 2005-01-04 | 2005-02-28 | Germany (global) | Engine | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately 2,700 Beru employees included in the 17,400 total at December 31, 2005. Company acquired 62.2% of Beru on January 4, 2005 and reached 69.4% following a tender offer that ended in February 2005. Headcount figure is as of fiscal year-end, not at acquisition date. | ||
| 2005-12-31 | acquisition_addition | completed | 2,700 | 2005-01-04 | 2005-02-28 | Global | Engine | Item_1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Acquisition of 69.4% interest in Beru Aktiengesellschaft. Tender offer ended in February 2005. | ||
| 2005-12-31 | acquisition_addition | completed | 2,700 | 2005-01-04 | 2005-02-28 | Global | Engine | Item_1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquisition of Beru Aktiengesellschaft; 2,700 employees included in total headcount. | ||
| 2005-06-30 | acquisition_addition | completed | 2005-01-04 | Germany | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company acquired 62.2% of Beru shares on 2005-01-04, later holding 69.42% at total cost of approximately €420 million; results consolidated within the Engine segment from acquisition date. No employee headcount added through the acquisition is disclosed in this filing. | ||||
| 2005-06-30 | divestiture_reduction | completed | 2005-03-11 | Germany | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of unconsolidated turbomachinery investment AGK for €42 million (net proceeds approximately €40.3 million). No employee headcount removed through the divestiture is disclosed in this filing. | |||||
| 2005-03-31 | acquisition_addition | completed | 2005-01-04 | Germany | Engine | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired 62.2% of Beru shares on 2005-01-04; tender offer ended 2005-01-24, leaving 69.42% held at total cost of approximately EUR 420 million. Beru results consolidated in the Engine segment from acquisition date; no employee headcount disclosed. | ||||
| 2005-03-31 | divestiture_reduction | completed | 2005-03-11 | Germany | Corporate (unconsolidated investment) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of AGK (turbomachinery) stake completed 2005-03-11 for EUR 42 million to Turbo Group Gmbh; AGK had been an unconsolidated investment since 1997. No employee headcount disclosed. | ||||
| 2004-12-31 | acquisition_addition | completed | 2004-11-01 | 2005-01-24 | Germany | Engine | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of 62.2% of Beru completed 2005-01-04; tender offer closed 2005-01-24 leaving 69.42% ownership at a cost of approximately EUR 415 million. Beru will be reported within the Engine segment beginning 2005. No employee count disclosed for the acquired workforce. | |||
| 2004-12-31 | divestiture_reduction | announced | 2005-02-17 | 2005-03-31 | Germany/Austria | Engine (turbochargers) | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Share Transfer Agreement to sell the Company's 95.42% interest in AG Kuhnle, Kopp & Kausch to Turbo Group GmbH; estimated net proceeds of approximately EUR 39.8 million. No employee count disclosed for the divested workforce. | |||
| 2004-09-30 | acquisition_addition | announced | 2,700 | 2004-11-01 | 2004-12-31 | Germany | Engine | USD 764 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Proposed acquisition of 62.21% of Beru AG plus tender offer for remaining ~37%; Beru reported ~2,700 employees. Total transaction valued at EUR 621 million (~$764M). Closing anticipated around year-end 2004, subject to regulatory approval. | |
| 2004-09-30 | acquisition_addition | announced | 2,700 | 2004-11-01 | 2004-12-31 | Germany | Engine | USD 764 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Announced acquisition of 62.21% stake in Beru AG, a German automotive supplier employing approx. 2,700 people. Total transaction value approx. $764 million. Closing anticipated around year-end. | |
| 2002-12-31 | restructuring | in_progress | 220 | 2000-06-30 | Global | All operating segments except TorqTransfer Systems; all geographies and major functions | USD 63 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Multi-year program initiated in 2000; 220 employees affected is cumulative from program inception, not FY2002-specific. FY2002 activity was $8.4M cash spend against prior accrual; no new provisions in 2002. Remaining accrual at 12/31/2002 was $3.3M, expected to be spent in 2003. | ||
| 2002-12-31 | restructuring | in_progress | 2001-12-31 | Global | Corporate / cross-segment | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | FY2001 non-recurring charges (asset carrying-value adjustments, environmental remediation, product quality costs); no employee count disclosed. FY2002 activity limited to $8.4M cash spend; no new provisions. | |||
| 2002-12-31 | restructuring | completed | 220 | 2000-06-30 | 2003-12-31 | Global | All segments except TorqTransfer Systems | USD 9 (millions) | MD&A f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Reduction of approximately 220 employees from 2000 restructuring program. Severance and other benefit costs of $8.9 million paid. Remaining $3.3 million expected to be spent in 2003. | |
| 2002-12-31 | restructuring | completed | 220 | 2000-06-30 | 2003-12-31 | Global | All segments except TorqTransfer Systems | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction of approximately 220 employees from the workforce. Severance and other benefit costs of $8.9 million were paid. The reductions affected each operating segment apart from TorqTransfer Systems, across geographical areas and functional areas including production and selling/administrative positions. This action was part of restructuring charges incurred in 2000. | |
| 2001-12-31 | restructuring | completed | 220 | 2001-12-31 | All geographic areas | All operating segments except TorqTransfer Systems; production, selling and administrative functions | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Program originated in second half of 2000 (prior fiscal year); approximately 220 positions reduced. Severance accrual of $8.9M was fully paid during 2001 ($4.3M in 2000, $4.6M in 2001), leaving a zero balance at 2001-12-31. Announcement date not disclosed. | ||
| 2001-12-31 | restructuring | in_progress | Not specified | Company-wide; asset write-downs, environmental remediation and product quality items | USD 28 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Non-recurring charges incurred in Q4 2001; $5.0M non-cash. Includes non-employee exit costs to close non-production facilities; no headcount reduction quantified. $11.7M of the accrual expected to be spent over the next two years. | ||||
| 2001-12-31 | divestiture_reduction | completed | North America | Fuel Systems (heavy truck metal tanks) | USD 35 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to investor group led by TMB Industries completed April 2001; intention to sell announced April 2000. Associated $35.2M pre-tax loss on sale recorded in 2000. Headcount removed through the disposition not disclosed. | ||||
| 2001-12-31 | restructuring | completed | 220 | 2001-12-31 | 2001-12-31 | Global | All segments except TorqTransfer Systems | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction of approximately 220 employees across production and selling/administrative positions. Severance and other benefit costs of $8.9 million incurred in Q4 2001. | |
| 2001-09-30 | restructuring | in_progress | 220 | 2000 | 2001-12-31 | Global (Americas, Europe, Asia) | All operating segments except TorqTransfer Systems; production, selling and administrative positions | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Severance and other benefit costs component of a $62.9M pre-tax restructuring program initiated in second half of 2000; $8.2M paid through 2001-09-30, $0.7M balance remaining. Program expected to generate ~$19M annualized savings. | |
| 2001-09-30 | divestiture_reduction | completed | 2001-04 | 2001-04 | North America | Fuel Systems (divested operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of fuel systems business to TMB Industries-led investor group completed April 2001; no headcount associated with the divestiture was disclosed. | |||
| 2001-09-30 | restructuring | in_progress | 220 | 2000-07-01 | 2001-12-31 | Global | All operating segments except TorqTransfer Systems; production and selling/administrative positions | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of approximately 220 employees. $8.2 million paid as of Sept 30, 2001; remaining payments expected by end of 2001. | |
| 2001-06-30 | restructuring | in_progress | 220 | 2001-12-31 | Americas, Europe and Asia | All operating segments except TorqTransfer Systems; production, selling and administrative functions | USD 63 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program initiated in second half of 2000; severance component of $8.9M total charges, $8.0M paid through 2001-06-30, $0.9M remaining. Reduction of approximately 220 employees; remaining reductions and cash payments expected complete by end of 2001. Announcement date not specified in filing. | ||
| 2001-06-30 | divestiture_reduction | completed | 2001-04-01 | 2001-04-30 | North America | Fuel Systems (divested operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of fuel systems business to investor group led by TMB Industries completed April 2001; no headcount disclosed. Related $35.2M loss on anticipated sale recorded in 2000 restructuring charges. | |||
| 2001-06-30 | restructuring | in_progress | 220 | 2000-07-01 | 2001-12-31 | Global | All segments except TorqTransfer Systems; Production and Selling/Administrative | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Severance and other benefit costs relate to the reduction of approximately 220 employees. Actions taken in response to deteriorating market conditions in H2 2000. Remaining reductions and cash payments expected to be completed by end of 2001. | |
| 2001-03-31 | restructuring | in_progress | 220 | 2000-07-01 | 2001-12-31 | Global (Americas, Europe, Asia) | All operating segments except TorqTransfer Systems; production, selling and administrative functions | USD 9 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Program announced in second half of 2000; 103 employees terminated with $6.7M severance paid through 2001-03-31; remaining reductions and cash payments expected complete by end of 2001. Total program charge of $62.9M pre-tax includes $47.3M non-cash. | |
| 2001-03-31 | divestiture_reduction | completed | 2000-04-01 | 2001-04-30 | North America | Fuel systems business (divested operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale of fuel systems business to TMB Industries-led investor group completed April 2001; headcount associated with the divestiture not disclosed. | |||
| 2001-03-31 | divestiture_reduction | completed | 2000-12-01 | 2000-12-31 | North America | HVAC business (divested operations) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | HVAC business sold December 2000; associated headcount not disclosed in this filing. | |||
| 2001-03-31 | restructuring | in_progress | 220 | 2000-06-30 | 2001-12-31 | Global | All operating segments except TorqTransfer Systems; Production and Selling/Administrative | USD 9 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | Reduction of approximately 220 employees. As of March 31, 2001, $6.7 million paid for 103 terminated employees. Remaining reductions expected to be complete by end of 2001. | |
| 2000-12-31 | restructuring | in_progress | 240 | 2000-07-01 | 2001-12-31 | Global | All operating segments except TorqTransfer Systems; all geographies and major functional areas including production, selling and administrative | USD 9 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Part of $62.9 million total restructuring and other non-recurring charges incurred in second half of 2000; approximately $4.3 million paid for 82 terminated employees by year-end, remaining reductions and cash payments expected complete by end of 2001. Announcement date approximated to the start of the second half of 2000 as no specific date is given. | |
| 2000-12-31 | divestiture_reduction | announced | 2000-04-01 | North America | Fuel Systems (held for sale) | USD 35 (millions) | restructuring_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Intention to sell non-core Fuel Systems business announced April 2000; $35.2 million loss on anticipated sale recorded. No headcount disclosed. Announcement date approximated to April 2000. | |||
| 2000-12-31 | divestiture_reduction | completed | North America | Kysor-Westran (divested operations) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Kysor-Westran sold during 2000 with a $5.4 million gain; no headcount associated with the sale disclosed. | |||||
| 2000-12-31 | restructuring | in_progress | 240 | 2000-06-30 | 2001-12-31 | Global | All segments except TorqTransfer Systems | USD 9 (millions) | restructuring_footnote f5-10k / Qwen3.6-27B-Q8_0 | Reduction of approximately 240 employees. Severance and other benefit costs of $8.9 million. $4.3 million paid in 2000 for 82 terminated employees; remaining expected to be complete by end of 2001. | |
| 2000-09-30 | restructuring | in_progress | 170 | 2000-09-30 | Global | All segments except TorqTransfer Systems; all geographies and major functions including production, selling and administrative | USD 33 (millions) | restructuring_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Pre-tax charge of $32.6M ($19.6M after tax, $0.75/diluted share); $6.3M relates to future cash expenditures. Covers rationalization/integration and cost actions tied to vehicle production slowdowns at major customers. | ||
| 2000-09-30 | restructuring | in_progress | 170 | 2000-09-30 | Global | All segments except TorqTransfer Systems; Production and Selling/Administrative | USD 33 (millions) | restructuring_footnote f5-10q / Qwen3.6-27B-Q8_0 | One-time charge for rationalization, integration, and cost alignment with vehicle production slowdowns. $6.3M based on estimates of future cash expenditures. | ||
| 2000-03-31 | divestiture_reduction | completed | 1999-12-30 | 2000-01-04 | United States | Electrical products (acquired from Kuhlman Corporation) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sale closed into escrow 1999-12-30 and cleared escrow 2000-01-04; total sales price $137 million ($122 million cash, $15 million face value debt securities). Headcount impact not disclosed. | |||
| 2000-03-31 | divestiture_reduction | announced | 2000-04-01 | North America and Europe | Fuel Systems (within Air/Fluid Systems) and Kysor-Westran HVAC (within Morse TEC) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | April 2000 announcement of intent to sell two non-core businesses acquired with Kuhlman's vehicle products business in March 1999; proceeds intended for general corporate purposes. Announcement month stated only; headcount impact not disclosed. | ||||
| 1999-12-31 | acquisition_addition | completed | 1999-03-01 | 1999-03-01 | United States | Air/Fluid Systems, Cooling Systems, Morse TEC | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired all outstanding shares of Kuhlman Corporation for $693.0 million; headcount added not separately disclosed. Employee count rose from ~10,100 to ~14,400 during 1999, reflecting acquisitions. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-10-01 | 1999-10-01 | United States, Germany, United Kingdom, Brazil, South Korea, China | Cooling Systems | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquired Eaton's Fluid Power Division for $321.7 million; headcount added not separately disclosed | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-12-31 | 1999-12-31 | United States | Electrical products (Kuhlman Electric Corporation) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold Kuhlman Electric to Carlyle Group for net sale price of $120.1 million; headcount removed not disclosed | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-12-30 | 2000-01-04 | United States | Electrical products (Coleman Cable Systems, Inc.) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold Coleman Cable for net sale price of $137.3 million; closed into escrow December 30, 1999 and cleared January 4, 2000; headcount removed not disclosed | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-10-01 | 1999-10-31 | United States | Transmission Systems (forged powder metal race business) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold one-way clutch forged powder metal race business in Gallipolis, Ohio to GKN Sinter Metals for $45.5 million; headcount removed not disclosed | |||
| 1999-12-31 | acquisition_addition | completed | 1999-03-01 | 1999-03-01 | Global | Various (Air/Fluid, Cooling, Morse TEC) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Kuhlman Corporation; headcount increase implied by growth from 10,100 to 14,400 employees. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-10-01 | 1999-10-01 | Global | Cooling Systems | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Acquired Eaton Fluid Power Division; contributed to year-end headcount. | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-10-01 | 1999-10-01 | United States | Transmission Systems | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sold forged powder metal race business. | |||
| 1999-12-31 | divestiture_reduction | completed | 1999-12-31 | 1999-12-31 | United States | Electrical Products (Divested) | Item 1_Business f5-10k / Qwen3.6-27B-Q8_0 | Sold Kuhlman Electric and Coleman Cable businesses acquired earlier in the year. | |||
| 1999-12-31 | acquisition_addition | completed | 1999-10-15 | 1999-10-15 | Fluid Power Division of Eaton Corporation | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Completion of the Fluid Power Division acquisition announced via Form 8-K on 1999-10-15; no headcount added or severance disclosed in this filing. | ||||
| 1999-06-30 | restructuring | in_progress | 1999-03-01 | Corporate | USD 14 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Assumed indebtedness for settlement of certain long-term incentive programs and severance programs related to the Kuhlman acquisition. Employee count not disclosed. | ||||
| 1999-06-30 | other | completed | Corporate | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Kuhlman's corporate headquarters has been closed following the acquisition. | ||||||
| 1999-03-31 | acquisition_addition | completed | 1998-12-17 | 1999-03-01 | United States | Morse TEC; Air/Fluid Systems (Schwitzer industrial products) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Merger completed 1999-03-01 for ~$693 million; no employee count disclosed. Company also assumed ~$14 million (net of tax) of Kuhlman long-term incentive and severance program obligations; Schwitzer results included from acquisition date. | |||
| 1999-03-31 | divestiture_reduction | announced | 1999-05-14 | 1999-09-30 | United States | Kuhlman electrical products businesses | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Intent to sell Kuhlman electrical products businesses disclosed in this filing (date of initial announcement not stated); net investment of $227.4 million classified as held for sale. No headcount disclosed. | |||
| 1999-03-31 | acquisition_addition | completed | 1999-03-01 | USD 693 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired all outstanding shares of Kuhlman Corporation. Headcount not explicitly disclosed in this filing. | |||||
| 1998-12-31 | acquisition_addition | completed | 1998-12-21 | 1999-03-01 | United States | Industrial products (Schwitzer Group) and electrical products | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | Merger agreement announced 1998-12-21; completed 1999-03-01 for ~$683M. Headcount not disclosed. Company intends to sell Kuhlman's electrical products businesses. | |||
| 1998-12-31 | divestiture_reduction | completed | 1998-12-31 | United States | Automatic Transmission Systems — torque converter business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Agreement entered April 1998 to sell substantially all remaining assets to Mannesmann Sachs AG; operations phased out during 1998. Headcount not disclosed. | ||||
| 1998-12-31 | divestiture_reduction | completed | 1998-12-31 | United States | Precision forged powder metal connecting rod business | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sold September 1998 to GKN Sinter Metals for $41.8M (final price $42.0M). Headcount not disclosed. | ||||
| 1998-12-31 | divestiture_reduction | completed | 1998-12-31 | Japan | Automatic Transmission Systems — Warner-Ishi joint venture | Item_1_Business f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company sold its ownership interest in Warner-Ishi Corporation and Warner-Ishi Europe S.p.A. to joint venture partner Ishikawajima-Harima Heavy Industries during 1998. Headcount not disclosed. | ||||
| 1998-09-30 | divestiture_reduction | completed | 1998-09-30 | United States | Precision forged powder metal connecting rod business unit | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Sold to GKN Sinter Metals for $41.8 million in Q3 1998; no employee count or workforce impact disclosed. | ||||
| 1998-09-30 | divestiture_reduction | in_progress | 1998-04-30 | 1998-12-31 | United States | Torque Converter business | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell substantially all remaining assets to Mannesmann Sachs AG; operations to be phased out during 1998; no employee count disclosed. | |||
| 1998-06-30 | divestiture_reduction | in_progress | 1998-04-01 | 1998-12-31 | Torque Converter business | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell substantially all remaining Torque Converter assets to Mannesmann Sachs AG; operations to be phased out during 1998. No headcount impact disclosed; filing states no significant gain or loss expected. Announcement month given as April 1998 (day not specified). | ||||
| 1998-06-30 | divestiture_reduction | announced | 1998-07-01 | Precision forged powder metal connecting rod business unit | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Post-quarter letter of intent to sell the connecting rod unit to GKN Sinter Metals, Inc.; subject to due diligence, purchase agreement and regulatory review. No headcount impact disclosed. Announcement month given as July 1998 (day not specified). | |||||
| 1998-03-31 | divestiture_reduction | announced | 1998-04 | 1998-12-31 | Not disclosed | Torque Converter business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell substantially all remaining Torque Converter assets to Mannesmann Sachs AG; operations to be phased out during 1998. No employee count, severance charge, or workforce impact disclosed; filer states the transaction is not expected to result in a significant gain or loss. | |||
| 1997-12-31 | acquisition_addition | completed | 1997-10-31 | 1997-10-31 | Germany | AG Kuhnle, Kopp & Kausch (turbochargers and turbomachinery) | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Company acquired 63% of the capital stock of AG Kuhnle, Kopp & Kausch on October 31, 1997; acquired headcount not disclosed. Results included sales of $24.8 million for November-December 1997. | |||
| 1997-12-31 | other | completed | 1997-12-31 | Not disclosed | Product lines relocated between facilities | USD 3 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Approximately $3 million spent during 1997 to relocate product lines from one facility to another; no employee impact quantified by the filer. | |||
| 1997-12-31 | divestiture_reduction | completed | 1996-12-31 | 1998-12-31 | United States | Powertrain Systems | USD 23 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of North American manual transmission business in Dec 1996. Accrual of $23 million remained at Dec 31, 1997 for transition costs, including reconfiguring Muncie facility. Employee count affected not explicitly disclosed. | ||
| 1997-09-30 | acquisition_addition | completed | 1997-10-31 | Germany | Turbochargers and turbomachinery (automotive and industrial) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchased 63% of Kuhnle, Kopp & Kausch A.G. from Penske Corporation, effective 1997-10-31. No employee count disclosed; 1996 sales of DM314 million reported. | ||||
| 1997-09-30 | divestiture_reduction | announced | 1997-04-01 | United States | Powder metal engine connecting rod business | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | Company retained Lehman Brothers to solicit buyers; announced April 1997. No employee count disclosed; business reported net sales of $22.9 million for the nine months ended 1997-09-30. | ||||
| 1996-12-31 | divestiture_reduction | completed | 1996-12-31 | United States (Muncie, Indiana) | Powertrain Systems — North American manual transmission business | USD 62 (millions) | other f5-10k / MiMo-V2.6-Flash-fp8-HTML | Sale to Transmisiones y Equipos Mecanicos S.A. de C.V. completed December 31, 1996; $20.3 million cash received at closing plus approximately $20 million over a 15-18 month transition period. Pretax loss of $61.5 million ($35 million after tax, $1.49 per share) includes costs to supply existing customers during transfer and costs of reconfiguring the Muncie facility for the remaining 4WD transfer case business. Employees affected not disclosed; business had $100 million of 1996 sales. | |||
| 1996-12-31 | acquisition_addition | completed | 1996-06-17 | 1996-06-17 | United States (facilities in Mississippi, Oklahoma, Texas) | Air/Fluid Systems — Holley Automotive, Coltec Automotive and Performance Friction Products divisions | business_combinations_footnote f5-10k / MiMo-V2.6-Flash-fp8-HTML | Coltec Acquisition for $287.8 million in cash including $4.8 million of acquisition costs; added three manufacturing facilities. Headcount added through the acquisition not disclosed; contributed $123 million of post-acquisition sales and $13 million pretax operating income in 1996. | |||
| 1996-12-31 | divestiture_reduction | completed | 1996-12-31 | 1996-12-31 | North America | Powertrain Systems | USD 35 (millions) | Item 1_Business f5-10k / Qwen3.6-27B-NVFP4-MTP-HTML | Company took a one-time after-tax charge of $35 million ($1.49 per share) in the fourth quarter as a result of the sale. Employee count not explicitly disclosed for this specific divestiture. | ||
| 1996-12-31 | divestiture_reduction | completed | 1996-12-31 | 1996-12-31 | North America | Powertrain Systems | USD 62 (millions) | MD&A f5-10k / Qwen3.6-27B-Q8_0 | Sale of manual transmission business to Transmisiones y Equipos Mecanicos S.A. de C.V. resulted in a pretax loss of $61.5 million. Employee count affected not explicitly disclosed. | ||
| 1996-09-30 | acquisition_addition | completed | 1996-06-17 | 1996-06-17 | North America | Air/Fluid Systems | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Acquired Holley Automotive, Coltec Automotive, and Performance Friction Products from Coltec Industries for $283 million cash; no headcount disclosed. | |||
| 1996-09-30 | divestiture_reduction | announced | 1996-10-21 | United States (Muncie, Indiana) | Powertrain Systems — manual transmission business | USD 35 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to sell North American manual transmission business to Tremec; expected one-time after-tax charge of $35 million ($1.50/share) in Q4 1996; no employee count disclosed. | |||
| 1996-09-30 | acquisition_addition | completed | 1996-06-17 | North America | Air/Fluid Systems | USD 283 (millions) | business_combinations_footnote f5-10q / Qwen3.6-27B-Q8_0 | Acquired operations and substantially all operating assets of three Coltec Industries automotive OEM businesses: Holley Automotive, Coltec Automotive, and Performance Friction Products. | |||
| 1996-09-30 | divestiture_reduction | announced | 1996-10-21 | Muncie, Indiana | Powertrain Systems | USD 35 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to sell North American manual transmission manufacturing business to Tremec. Expected one-time after-tax charge of $35 million includes costs associated with sale, transition, and reconfiguring the Muncie operation. | |||
| 1996-06-30 | acquisition_addition | completed | 1996-06-17 | 1996-06-17 | North America | Automotive OEM (Holley Automotive, Coltec Automotive, Performance Friction Products) | USD 283 (millions) | business_combinations_footnote f5-10q / MiMo-V2.6-Flash-fp8-HTML | Purchase price of $283 million cash; no headcount disclosed. Acquired businesses had combined 1995 sales of $255 million. | ||
| 1996-06-30 | divestiture_reduction | in_progress | 1996-01-01 | North America | Powertrain Systems — manual transmission business | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | North American manual transmission business offered for sale with Lehman Brothers retained; proposals received after June 30, 1996. No headcount disclosed; nominal investment of $55 million including $17 million working capital. | ||||
| 1996-06-30 | other | in_progress | North America | General Motors | MD&A f5-10q / Qwen3.6-27B-Q8_0 | Strike at General Motors in March reduced volume. | |||||
| 1996-03-31 | other | in_progress | 1996-03 | North America | Morse TEC (Chain Systems); Automatic Transmission Systems; Powertrain Systems | MD&A f5-10q / MiMo-V2.6-Flash-fp8-HTML | General Motors strike in March 1996 (third-party labor action, not the Company's own workforce). Cost the Company $8.5 million in lost revenues and contributed to a $3.4 million gross margin decrease; Morse TEC sales fell $4.4 million primarily due to the strike. | ||||
| 1996-03-31 | divestiture_reduction | announced | 1996-01-19 | North America | Manual transmission business (Powertrain Systems) | other f5-10q / MiMo-V2.6-Flash-fp8-HTML | North American manual transmission business offered for sale with Lehman Brothers retained; sale process in early stages. Business lost money in Q1 1996 on reduced volumes (sales $28.4M vs. $44.7M prior-year quarter). No employee count or gain/loss disclosed. Form 8-K filed 1996-01-19. | ||||
| 1996-03-31 | acquisition_addition | announced | 1996-04-01 | 1996-06-30 | North America | Holley Automotive; Coltec Automotive; Performance Friction Products | USD 283 (millions) | subsequent_events f5-10q / MiMo-V2.6-Flash-fp8-HTML | Agreement to purchase three Coltec Industries automotive OEM businesses for $283 million cash, expected to close Q2 1996 subject to regulatory approval; combined 1995 sales of $255 million. Purchase price disclosed, not a charge; no headcount disclosed. Announcement month stated as April 1996 (day not specified). | ||
| 1996-03-31 | other | in_progress | North America | General Motors | MD&A f5-10q / Qwen3.6-27B-Q8_0 | General Motors strike in March 1996 resulted in $8.5 million in lost revenues. | |||||
| 1996-03-31 | divestiture_reduction | announced | 1996-01 | North America | Manual Transmission | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | North American manual transmission business offered for sale; process in early stages. | ||||
| 1996-03-31 | acquisition_addition | announced | 1996-04 | 1996-Q2 | Automotive OEM | USD 283 (millions) | subsequent_events f5-10q / Qwen3.6-27B-Q8_0 | Agreement to purchase Coltec Industries' automotive OEM businesses for $283 million cash. | |||
| 1995-12-31 | divestiture_reduction | announced | 1996-01 | 1996-12-31 | North America | Powertrain Systems — manual transmissions | subsequent_events f5-10k / MiMo-V2.6-Flash-fp8-HTML | January 1996 announcement of intent to sell the North American manual transmission business (Lehman Brothers retained); 1995 net sales of $148 million with an operating loss; investment in net assets approximates $60 million including $21 million working capital; no employee count or gain/loss estimate disclosed | |||
| 1995-12-31 | acquisition_addition | completed | 1995-04 | 1995-04-30 | United States | Automatic Transmission Systems | USD 28 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Federal-Mogul's Precision Forged Products Division for $28 million plus certain working capital; results included from May 1995; headcount added not disclosed | ||
| 1995-12-31 | acquisition_addition | completed | 1995-12 | 1995-12-31 | France | Control Systems | USD 13 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Acquisition of Societe de L'Usine de la Marque (SUM), a French maker of control components, for $13 million; accounts included in the December 31, 1995 balance sheet but no results consolidated; headcount added not disclosed | ||
| 1995-12-31 | acquisition_addition | completed | 1995-01 | 1995-03-31 | Italy | Morse TEC | USD 5 (millions) | MD&A f5-10k / MiMo-V2.6-Flash-fp8-HTML | Purchase of the remaining 47% of the Italian chain joint venture (renamed Morse TEC Europe) for $5 million; headcount added not disclosed |