Document_and_Entity_Informatio
Document and Entity Information | 9 Months Ended |
Sep. 30, 2013 | |
Document And Entity Information [Abstract] | ' |
Document Type | 'S-4 |
Amendment Flag | 'false |
Document Period End Date | 30-Sep-13 |
Entity Registrant Name | 'Affinia Group Inc. |
Entity Central Index Key | '0001328654 |
Entity Filer Category | 'Non-accelerated Filer |
Condensed_Consolidated_Stateme
Condensed Consolidated Statements of Operations (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Income Statement [Abstract] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Cost of sales | -308 | -287 | -900 | -858 | -1,125 | -1,136 | -1,043 |
Gross profit | 93 | 88 | 270 | 254 | 328 | 342 | 316 |
Selling, general and administrative expenses | -57 | -50 | -161 | -148 | -197 | -200 | -193 |
Operating profit | 36 | 38 | 109 | 106 | 131 | 142 | 123 |
Loss on extinguishment of debt | ' | ' | -15 | -1 | -1 | ' | -1 |
Other income (loss), net | -1 | 2 | -3 | 2 | 2 | 4 | 1 |
Interest expense | -15 | -16 | -58 | -48 | -63 | -67 | -65 |
Income from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | 20 | 24 | 33 | 59 | 69 | 79 | 58 |
Income tax provision | -9 | -10 | -16 | -24 | -48 | -38 | -30 |
Equity in income (loss), net of tax | -2 | 1 | -2 | 1 | 1 | ' | 1 |
Net income from continuing operations | 9 | 15 | 15 | 36 | 22 | 41 | 29 |
Income (loss) from discontinued operations, net of tax | ' | -10 | -1 | -57 | -124 | -113 | 1 |
Net income (loss) | 9 | 5 | 14 | -21 | -102 | -72 | 30 |
Less: net income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | 1 | 1 | 6 |
Net income (loss) attributable to the Company | $9 | $4 | $14 | ($22) | ($103) | ($73) | $24 |
Condensed_Consolidated_Stateme1
Condensed Consolidated Statements of Comprehensive Income (Loss) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Statement Of Income And Comprehensive Income [Abstract] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | $9 | $5 | $14 | ($21) | ($102) | ($72) | $30 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | -1 | ' |
Interest rate swap, net of tax | -1 | ' | 5 | ' | ' | ' | ' |
Loss on settlement of pension obligations | ' | ' | ' | ' | ' | ' | 3 |
Change in foreign currency translation adjustments | 2 | 11 | -15 | ' | -15 | -32 | -2 |
Net current period other comprehensive income (loss) | 1 | 11 | -10 | ' | -15 | -33 | 1 |
Total comprehensive income (loss) | 10 | 16 | 4 | -21 | -117 | -105 | 31 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | 1 | 1 | 6 |
Comprehensive income (loss) attributable to the Company | $10 | $15 | $4 | ($22) | ($118) | ($106) | $25 |
Condensed_Consolidated_Balance
Condensed Consolidated Balance Sheets (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Assets | ' | ' | ' |
Cash and cash equivalents | $86 | $51 | $54 |
Trade accounts receivable, less allowances | 182 | 163 | 211 |
Inventories, net | 302 | 304 | 276 |
Current deferred taxes | 23 | 13 | 60 |
Prepaid taxes | 30 | 30 | 21 |
Other current assets | 41 | 22 | 22 |
Current assets of discontinued operations | ' | ' | 416 |
Total current assets | 664 | 583 | 1,060 |
Property, plant, and equipment, net | 124 | 119 | 118 |
Goodwill | 25 | 24 | 28 |
Other intangible assets, net | 85 | 88 | 94 |
Deferred financing costs | 19 | 15 | 18 |
Deferred income taxes | 97 | 106 | 109 |
Investments and other assets | 21 | 25 | 32 |
Total assets | 1,035 | 960 | 1,459 |
Liabilities and shareholder's equity | ' | ' | ' |
Accounts payable | 166 | 143 | 126 |
Notes payable | 22 | 23 | 20 |
Other accrued expenses | 92 | 68 | 80 |
Accrued payroll and employee benefits | 21 | 17 | 10 |
Current liabilities of discontinued operations | ' | ' | 183 |
Total current liabilities | 301 | 251 | 419 |
Long-term debt | 916 | 546 | 678 |
Deferred employee benefits and other noncurrent liabilities | 14 | 12 | 15 |
Total liabilities | 1,231 | 809 | 1,112 |
Contingencies and commitments | ' | ' | ' |
Shareholder's equity (deficit): | ' | ' | ' |
Common stock, $.01 par value, 1,000 shares authorized, issued and outstanding | ' | ' | ' |
Additional paid-in capital | 456 | 455 | 458 |
Accumulated deficit | -634 | -296 | -130 |
Accumulated other comprehensive income (loss) | -19 | -9 | 6 |
Total shareholder's equity (deficit) of the Company | -197 | 150 | 334 |
Noncontrolling interest in consolidated subsidiaries | 1 | 1 | 13 |
Total shareholder's equity (deficit) | -196 | 151 | 347 |
Total liabilities and shareholder's equity (deficit) | $1,035 | $960 | $1,459 |
Condensed_Consolidated_Balance1
Condensed Consolidated Balance Sheets (Parenthetical) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, except Share data, unless otherwise specified | |||
Statement Of Financial Position [Abstract] | ' | ' | ' |
Trade accounts receivable, allowances | $4 | $3 | $1 |
Common stock, par value | $0.01 | $0.01 | $0.01 |
Common stock, shares authorized | 1,000 | 1,000 | 1,000 |
Common stock, shares issued | 1,000 | 1,000 | 1,000 |
Common stock, shares outstanding | 1,000 | 1,000 | 1,000 |
Consolidated_Statements_of_Sha
Consolidated Statements of Shareholder's Equity (USD $) | Total | Common stock [Member] | Additional paid-in capital [Member] | Accumulated deficit [Member] | Pension adjustments [Member] | Foreign currency translation adjustment [Member] | Total shareholder's equity of the company [Member] | Noncontrolling Interest [Member] |
In Millions | ||||||||
Beginning, balance at Dec. 31, 2009 | $437 | ' | $434 | ($81) | ($4) | $42 | $391 | $46 |
Stock-based compensation | 1 | ' | 1 | ' | ' | ' | 1 | ' |
Capital contribution | 3 | ' | 3 | ' | ' | ' | 3 | ' |
Noncontrolling interest decrease due to acquisition of additional ownership | -24 | ' | 16 | ' | ' | ' | 16 | -40 |
Net income (loss) | 30 | ' | ' | 24 | ' | ' | 24 | 6 |
Loss on settlement pension obligations | 3 | ' | ' | ' | 3 | ' | 3 | ' |
Currency translation | -2 | ' | ' | ' | ' | -2 | -2 | ' |
Ending, balance at Dec. 31, 2010 | 448 | ' | 454 | -57 | -1 | 40 | 436 | 12 |
Stock-based compensation | 2 | ' | 2 | ' | ' | ' | 2 | ' |
Capital contribution | 2 | ' | 2 | ' | ' | ' | 2 | ' |
Net income (loss) | -72 | ' | ' | -73 | ' | ' | -73 | 1 |
Pension liability adjustment | -1 | ' | ' | ' | -1 | ' | -1 | ' |
Currency translation | -32 | ' | ' | ' | ' | -32 | -32 | ' |
Ending, balance at Dec. 31, 2011 | 347 | ' | 458 | -130 | -2 | 8 | 334 | 13 |
Stock-based compensation | 1 | ' | 1 | ' | ' | ' | 1 | ' |
Noncontrolling interest decrease due to acquisition of additional ownership | -4 | ' | -4 | ' | ' | ' | -4 | ' |
Noncontrolling interest decrease due to distribution of BPI | -13 | ' | ' | ' | ' | ' | ' | -13 |
Distribution of BPI | -63 | ' | ' | -63 | ' | ' | -63 | ' |
Net income (loss) | -102 | ' | ' | -103 | ' | ' | -103 | 1 |
Pension liability adjustment | ' | ' | ' | ' | ' | ' | ' | ' |
Currency translation | -15 | ' | ' | ' | ' | -15 | -15 | ' |
Ending, balance at Dec. 31, 2012 | $151 | ' | $455 | ($296) | ($2) | ($7) | $150 | $1 |
Consolidated_Statements_of_Sha1
Consolidated Statements of Shareholder's Equity (Parenthetical) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Statement Of Stockholders Equity [Abstract] | ' | ' | ' |
Currency translation, tax | $2 | $2 | $1 |
Condensed_Consolidated_Stateme2
Condensed Consolidated Statements of Cash Flows (USD $) | 9 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Operating activities | ' | ' | ' | ' | ' |
Net income (loss) | $14 | ($21) | ($102) | ($72) | $30 |
Adjustments to reconcile net income (loss) to net cash provided by operating activities: | ' | ' | ' | ' | ' |
Depreciation and amortization | 17 | 17 | 24 | 39 | 37 |
Impairment of assets | ' | 88 | 86 | 166 | ' |
Stock-based compensation | 1 | ' | ' | 2 | 1 |
Loss on extinguishment of debt | 15 | 1 | 1 | ' | 1 |
Write-off of unamortized deferred financing costs | 8 | ' | ' | ' | 1 |
Write-off of original issue discount on Subordinated Notes | 1 | ' | ' | ' | ' |
Provision for deferred income taxes | 9 | -37 | ' | -32 | -16 |
Change in trade accounts receivable | -24 | -8 | 23 | 14 | -14 |
Change in inventories | -6 | -13 | -22 | 8 | -77 |
Change in other current operating assets | -33 | -2 | 39 | -58 | 12 |
Change in other current operating liabilities | 51 | 50 | 38 | -47 | 39 |
Change in other | 16 | 13 | 10 | -6 | 9 |
Net cash provided by operating activities | 69 | 88 | 97 | 14 | 23 |
Investing activities | ' | ' | ' | ' | ' |
Proceeds from sales of assets | ' | 4 | 4 | 9 | 1 |
Investment in companies, net of cash acquired | -1 | ' | ' | -1 | -51 |
Proceeds from sale of affiliates | ' | ' | ' | ' | 11 |
Change in restricted cash | ' | 1 | ' | 5 | -3 |
Additions to property, plant and equipment | -18 | -19 | -27 | -55 | -52 |
Other investing activities | ' | ' | ' | 3 | -4 |
Net cash used in investing activities | -19 | -14 | -23 | -39 | -98 |
Financing activities | ' | ' | ' | ' | ' |
Net decrease in other short-term debt | -1 | -4 | -4 | -6 | 13 |
Payments of other debt | ' | -2 | -2 | -10 | ' |
Proceeds from other debt | ' | ' | ' | 20 | 2 |
Net payments of ABL Revolver | ' | -50 | -110 | 20 | ' |
Repayment of Secured Notes | -195 | -23 | -23 | ' | -23 |
Capital contribution | ' | ' | ' | 2 | 3 |
Repayment of Subordinated Notes | -367 | ' | ' | ' | ' |
Proceeds from BPI's new credit facility | ' | ' | 76 | ' | ' |
Repayment of Term Loans | -1 | ' | ' | ' | ' |
Cash related to the deconsolidation of BPI | ' | ' | -11 | ' | ' |
Proceeds from Senior Notes | 250 | ' | ' | ' | ' |
Proceeds from Term Loans | 667 | ' | ' | ' | ' |
Distribution to our shareholder | -352 | ' | ' | ' | ' |
Payment of deferred financing costs | -15 | ' | -1 | ' | -5 |
Proceeds from Subordinated Notes | ' | ' | ' | ' | 100 |
Purchase of noncontrolling interest | ' | ' | -3 | ' | -24 |
Net cash provided by (used in) financing activities | -14 | -79 | -78 | 26 | 66 |
Effect of exchange rates on cash | -1 | ' | 1 | -2 | -1 |
Increase (decrease) in cash and cash equivalents | 35 | -5 | -3 | -1 | -10 |
Cash and cash equivalents at beginning of the period | 51 | 54 | 54 | 55 | 65 |
Cash and cash equivalents at end of the period | 86 | 49 | 51 | 54 | 55 |
Supplemental cash flows information | ' | ' | ' | ' | ' |
Interest | 46 | 42 | 59 | 63 | 60 |
Income taxes | 15 | 16 | 21 | 27 | 30 |
Noncash investing and financing activities: | ' | ' | ' | ' | ' |
Additions to property, plant and equipment included in accounts payable | $2 | $1 | $1 | $2 | ' |
Description_of_Business
Description of Business | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Accounting Policies [Abstract] | ' | ' |
Description of Business | ' | ' |
Note 1. Description of Business | Note 1. Organization and Description of Business | |
Affinia Group Intermediate Holdings Inc. is a global leader in the heavy duty and light vehicle replacement products and services industry. We derive approximately 98% of our sales from this industry. Our broad range of filtration, chassis and other products are sold in North America, Europe, South America, Asia and Africa. Our brands include WIX®, Raybestos®, Filtron™, Nakata®, McQuay-Norris® and ecoLAST®. Additionally, we provide private label products for NAPA®, CARQUEST® and ACDelco®. Affinia Group Inc. is 100% owned by Affinia Group Intermediate Holdings Inc., which, in turn, is 100% owned by Affinia Group Holdings Inc. (“Holdings”), a company controlled by affiliates of The Cypress Group L.L.C (“Cypress”). | Affinia Group Intermediate Holdings Inc. is a global leader in the light and commercial vehicle replacement products and services industry. We derive approximately 98% of our sales from this industry. Our broad range of filtration, chassis and other products are sold in North America, Europe, South America and Asia. Our brands include WIX®, Raybestos®, FiltronTM, Nakata®, McQuay-Norris® and ecoLAST®. Additionally, we provide private label products for NAPA®, CARQUEST® and ACDelco®. Affinia Group Inc. is wholly-owned by Affinia Group Intermediate Holdings Inc., which, in turn, is wholly-owned by Affinia Group Holdings Inc. (“Holdings”), a company controlled by affiliates of The Cypress Group L.L.C (“Cypress”). | |
Affinia Group Inc., the Company’s direct, 100% owned subsidiary and a Delaware corporation formed on June 28, 2004, entered into a stock and asset purchase agreement on November 30, 2004, as amended (the “Purchase Agreement”), with Dana Corporation (“Dana”). The Purchase Agreement provided for the acquisition by Affinia Group Inc. of substantially all of Dana’s aftermarket business operations (the “Acquisition”). | Affinia Group Inc., the Company’s direct, wholly-owned subsidiary and a Delaware corporation formed on June 28, 2004, entered into a stock and asset purchase agreement on November 30, 2004, as amended (the “Purchase Agreement”), with Dana Corporation (“Dana”). The Purchase Agreement provided for the acquisition by Affinia Group Inc. of substantially all of Dana’s aftermarket business operations (the “Acquisition”). | |
The accompanying Consolidated Financial Statements include the accounts of the Company and its subsidiaries. In these Notes to the Consolidated Financial Statements, the terms “the Company,” “Parent,” “we,” “our” and “us” refer to Affinia Group Intermediate Holdings Inc. and its subsidiaries on a consolidated basis. | The accompanying Consolidated Financial Statements include the accounts of the Company and its subsidiaries. In these Notes to the Consolidated Financial Statements, the terms “the Company,” “we,” “our” and “us” refer to Affinia Group Intermediate Holdings Inc. and its subsidiaries on a consolidated basis. |
Summary_of_Significant_Account
Summary of Significant Accounting Policies | 12 Months Ended |
Dec. 31, 2012 | |
Accounting Policies [Abstract] | ' |
Summary of Significant Accounting Policies | ' |
Note 2. Summary of Significant Accounting Policies | |
Principles of Consolidation | |
In accordance with ASC Topic 810, “Consolidation,” the consolidated financial statements include the accounts of Affinia and its wholly and majority owned subsidiaries and variable interest entities (“VIE”) for which Affinia (or one of its subsidiaries) is the primary beneficiary. All intercompany transactions have been eliminated. Equity investments in which we exercise significant influence but do not control are accounted for using the equity method. Investments in which we are not able to exercise significant influence over the investee are accounted for under the cost method. | |
Use of Estimates | |
The preparation of these consolidated financial statements requires estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Some of the more significant estimates include valuation of deferred tax assets and inventories; workers compensation; sales return, rebate and warranty accruals; restructuring, environmental and product liability accruals; valuation of postemployment and postretirement benefits and allowances for doubtful accounts. Actual results may differ from these estimates and assumptions. | |
Concentration of Credit Risk | |
The primary type of financial instruments that potentially subject the Company to concentrations of credit risk are trade accounts receivable. The Company limits its credit risk by performing ongoing credit evaluations of its customers and, when deemed necessary, requires letters of credit, guarantees or collateral. The majority of the Company’s accounts receivable is due from replacement parts wholesalers and retailers serving the aftermarket. | |
The Company’s net sales to its two largest customers as a percentage of total net sales from continuing operations for the year ended December 31, 2012, were 26%, and 7%; for the year ended December 31, 2011, were 26% and 8%; and for the year ended December 31, 2010, were 27% and 6%. Net sales represent the amounts invoiced to customers after adjustments related to rebates, returns and discounts. The Company provides reserves for rebates, returns and discounts at the time of sale which are subsequently applied to the account of specific customers based upon actual activity including the attainment of targeted volumes. The Company’s two largest customers’ accounts receivable as of December 31, 2012 represented approximately 23% and 5% of the total accounts receivable. The Company’s two largest customers’ accounts receivable, which includes continuing and discontinued operations, as of December 31, 2011 represented approximately 32% and 9% of the total accounts receivable. | |
Foreign Currency Translation | |
Assets and liabilities recorded in foreign currencies are translated at the exchange rate on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Translation adjustments resulting from this process are charged or credited to Other Comprehensive Income. | |
Included in net income (loss) are the gains and losses arising from foreign currency transactions. The impact on income from continuing operations before income tax provision, equity in income and noncontrolling interest of foreign currency transactions including the results of our foreign currency hedging activities amounted to a loss of $2 million, loss of $1 million and gain of $2 million in 2010, 2011 and 2012, respectively. | |
Cash and Cash Equivalents | |
Cash and cash equivalents include all cash balances and highly liquid investments with original maturities of three months or less. | |
Restricted Cash | |
Restricted cash relates to deposits requested by banks for notes payables issued to our Chinese brake suppliers in relation to its purchases. | |
Accounts receivable | |
We record trade accounts receivable when revenue is recorded in accordance with our revenue recognition policy and relieve accounts receivable when payments are received from customers. Generally, we do not require collateral for our accounts receivable. | |
Allowance for doubtful accounts | |
The allowance for doubtful accounts is established through charges to the provision for bad debts. We evaluate the adequacy of the allowance for doubtful accounts on a periodic basis. The evaluation includes historical trends in collections and write-offs, management’s judgment of the probability of collecting accounts, and management’s evaluation of business risk. This evaluation is inherently subjective, as it requires estimates that are susceptible to revision as more information becomes available. The allowance for doubtful accounts was $1 million and $3 million at December 31, 2011 and 2012, respectively. | |
Inventories | |
Inventories are valued at the lower of cost or market. Cost is determined on the FIFO basis for all domestic inventories or average cost basis for non-U.S. inventories. | |
Goodwill | |
Goodwill is not amortized, but instead the Company evaluates goodwill for impairment, as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. In assessing the recoverability of goodwill, we perform a qualitative or quantitative assessment to test for impairment annually. If we determine, on the basis of qualitative factors, that a quantitative impairment test is required estimated future cash flows and other factors are made to determine the fair value of the respective reporting unit. If these estimates or related projections change in the future, we may be required to record impairment charges for goodwill at that time. | |
Intangibles | |
We have trade names with indefinite lives and other intangibles with definite lives. We test trade names for impairment on an annual basis as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. Trade names are tested for impairment by comparing the fair value to their carrying values. | |
Our intangibles with definite lives consist of customer relationships, patents and developed technology. These assets are amortized on a straight-line basis over estimated useful lives ranging from 5 to 20 years. Certain conditions may arise that could result in a change in useful lives or require us to perform a valuation to determine if the definite lived intangibles are impaired. | |
Deferred Financing Costs | |
Deferred financing costs are incurred to obtain long-term financing and are amortized using the effective interest method over the term of the related debt. The amortization of deferred financing costs is classified in interest expense in the statement of operations. | |
Properties and Depreciation | |
Fixed assets are being depreciated over their estimated remaining lives using primarily the straight-line method for financial reporting purposes and accelerated depreciation methods for federal income tax purposes. Major additions and improvements are capitalized and depreciated over their estimated useful lives, and repairs and maintenance are charged to expense in the period incurred. We review long-lived assets for impairment and general accounting principles require recognition of an impairment loss only if the carrying amount of a long-lived asset is not recoverable from its undiscounted cash flows. If the long-lived asset is not recoverable, we measure an impairment loss as the difference between the carrying amount and fair value of the asset. | |
Useful lives for buildings and building improvements, machinery and equipment, tooling and office equipment, furniture and fixtures principally range from 20 to 30 years, five to ten years, three to five years and three to ten years, respectively. Upon retirement or other disposal of fixed assets, the cost and related accumulated depreciation are eliminated from the asset and accumulated depreciation accounts, respectively. The difference, if any, between the net asset value and the proceeds is recorded as a gain or loss on disposition. | |
Revenue Recognition | |
Sales are recognized when products are shipped or received, depending on the contractual terms, and risk of loss has transferred to the customer. The Company estimates and records provisions for warranty costs, sales returns, rebates and other allowances based on experience and other relevant factors, when sales are recognized. The Company assesses the adequacy of its recorded warranty, sales returns, rebates and allowances liabilities on a regular basis and adjusts the recorded amounts as necessary. While management believes that these estimates are reasonable, warranty costs, actual returns, rebates and allowances may differ from estimates. Shipping and handling fees billed to customers are included in sales and the costs of shipping and handling are included in cost of sales. Inter-company sales have been eliminated. | |
Income Taxes | |
Income taxes are recognized during the period in which transactions enter into the determination of financial statement income, with deferred income taxes being provided for the tax effect of temporary differences between the carrying amount of assets and liabilities and their tax basis. Deferred income taxes are provided on the undistributed earnings of foreign subsidiaries and affiliated companies except to the extent such earnings are considered to be permanently reinvested in the subsidiary or affiliate. In cases where foreign tax credits will not offset U.S. income taxes, appropriate provisions are included in the combined or consolidated statement of operations. | |
The Company accounts for uncertain tax positions in accordance with ASC Topic 740, “Income Taxes.” Accordingly, the Company reports liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in income tax expense. | |
Financial Instruments | |
The reported fair values of financial instruments, consisting of cash and cash equivalents, trade accounts receivable and long-term debt, are based on a variety of factors. Where available, fair values represent quoted market prices for identical or comparable instruments. Where quoted market prices are not available, fair values are estimated based on assumptions concerning the implied market volatilities, amount and timing of estimated future cash flows and assumed discount rates reflecting varying degrees of credit and market risk. Fair values may not represent actual values of the financial instruments that could be realized as of the balance sheet date or that will be realized in the future. As of December 31, 2011 and 2012, the book value of some of our financial instruments, consisting of cash and cash equivalents and trade accounts receivable, approximated their fair values. The fair value of long-term debt is disclosed in “Note 8. Debt.” | |
Environmental Compliance and Remediation | |
Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. Expenditures that relate to existing conditions caused by past operations which do not contribute to current or future revenue generation are expensed. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Estimated costs are based upon current laws and regulations, existing technology and the most probable method of remediation. The costs are not discounted and exclude the effects of inflation. If the cost estimates result in a range of equally probable amounts, the lower end of the range is accrued. | |
Pension Plans | |
The Company maintains six defined benefit pension plans associated with its Canadian operations. The annual net periodic pension costs are determined on an actuarial basis. During the last two years we have purchased annuities for almost all of the participants of the pension plans as we are in the process of winding down the plans. The remaining assets and liabilities related to the plan have been reduced to immaterial amounts. | |
Advertising Costs | |
Advertising expenses included in continuing operations were $19 million, $26 million and $22 million for the years 2010, 2011, and 2012, respectively. The advertising expenses included in discontinued operations, were $8 million, $7 million and $5 million for the years 2010, 2011, and 2012, respectively. Advertising costs are recognized as selling expenses at the time advertising is incurred. | |
Promotional Programs | |
Cooperative advertising programs conducted with customers that promote the Company’s products are accrued as a rebate based on anticipated total amounts to be rebated to customers over the period of the agreement with the customer. Aftermarket distributors typically source their product lines at a particular price point and product category with one “full-line” supplier, such as our company, which covers substantially all of their product requirements. Switching to a new supplier typically requires that a distributor or supplier make a substantial investment to purchase, or “changeover” to, the new supplier’s products. The changeover costs and other incentives incurred in connection with obtaining new business are recognized as selling expense in the period in which the changeover from a competitor’s product to the Company’s product occurs. Infrequently, we enter into a contract with a customer for a set period of time that requires the reimbursement of the incentive by the customer if the future conditions of the contract are not met. In these infrequent cases the incentive is recorded as a reduction of revenue over the life of the contract. | |
Insurance | |
We use a combination of insurance and self-insurance for a number of risks, including workers’ compensation, general liability, vehicle liability and the company-funded portion of employee-related health care benefits. Liabilities associated with these risks are estimated in part by considering historical claims experience, demographic factors, severity factors and other actuarial assumptions. | |
Research and Development Costs | |
Research and development expenses included in continuing operations are charged to operations as incurred. The Company incurred less than $1 million for the year ended 2010 and $1 million for the years ended 2011 and 2012. | |
Free-Standing Derivatives | |
The Company is subject to various financial risks during the normal course of business operations, including but not limited to, adverse changes to interest rates, currency exchange rates, counterparty creditworthiness, and commodity prices. Pursuant to prudent risk management principles, the Company may utilize appropriate financial derivative instruments in order to mitigate the potential impact of these factors. The Company’s policies strictly prohibit the use of derivatives for speculative purposes. | |
In 2011 and 2012, the Company’s derivative instrument usage was limited to standard currency forward contracts intended to offset the earnings impact related to the periodic revaluation of specific non-functional currency denominated monetary working capital accounts and intercompany financing arrangements. | |
The Company does not seek hedge accounting treatment for its currency forward contacts because the earnings impact from both the underlying exposures and the hedge transactions are recognized in each accounting period. | |
Stock-Based Compensation | |
We account for the employee stock options under the fair value method of accounting using a Black-Scholes model to measure stock-based compensation expense at the date of grant. The compensation expense for the year was less than $1 million in 2010 and nil in each of 2011 and 2012. | |
On July 20, 2005, Affinia Group Holdings Inc. adopted the 2005 Stock Plan. The 2005 Stock Plan was amended on August 25, 2010 and on December 2, 2010 to increase the maximum shares of common stock that may be subject to awards. The 2005 Stock Plan permits the grant of non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock and other stock-based awards to employees, directors or consultants of the Company and its affiliates. A maximum of 350,000 shares of common stock may be subject to awards under the 2005 Stock Plan. The number of shares issued or reserved pursuant to the 2005 Stock Plan (or pursuant to outstanding awards) is subject to adjustment on account of mergers, consolidations, reorganizations, stock splits, stock dividends and other dilutive changes in the common stock. Shares of common stock covered by awards that terminate or lapse and shares delivered by a participant or withheld to pay the minimum statutory withholding rate, in each case, will again be available for grant under the 2005 Stock Plan. Refer to “Note 10. Stock Incentive Plan” for further information on and discussion of our stock options. | |
On August 25, 2010 and December 23, 2011, Affinia Group Holdings Inc. commenced an offer to certain eligible holders of stock options to exchange their existing options to purchase shares of Affinia Group Holdings Inc. common stock for restricted stock unit awards (“RSUs”). The RSUs granted in connection with the option exchange are governed by the 2005 Stock Plan and a new Restricted Stock Unit Agreement. The RSUs are subject to performance-based and market-based vesting restrictions, which differ from the performance and time-based vesting restrictions applicable to the exchanged stock options. We will estimate the fair value of restricted stock unit awards using the value of Affinia Group Holdings Inc.’s common stock on the date of grant, reduced by the present value of Affinia Group Holdings Inc.’s common stock prior to vesting. The fair value of the RSUs will be expensed either pro rata over the requisite service term or in full if the requisite service period has passed when the RSUs vest in accordance with the performance conditions listed above. Stock-based compensation expense, which would be recorded in selling, general and administrative expenses, and tax related income tax benefits was not recorded for 2010, 2011 or 2012 as the performance condition had not been met. | |
Deferred Compensation Plan | |
We started a deferred compensation plan in 2008 that permits executives to defer receipt of all or a portion of the amounts payable under our non-equity incentive compensation plan. All amounts deferred are treated solely for purposes of the plan to have been notionally invested in the common stock of Affinia Group Holdings Inc. As such, the accounts under the plan will reflect investment gains and losses associated with an investment in Affinia Group Holdings Inc.’s common stock. We match 25% of the deferral with an additional notional investment in common stock of Affinia Group Holdings Inc., which is subject to vesting as provided in the plan. | |
New Accounting Pronouncements | |
Adopted Accounting Pronouncements | |
In June 2011, the Financial Accounting Standards Board (the “FASB”) amended ASC 220, “Comprehensive Income” with ASU 2011-05, “Comprehensive Income (Topic 220)—Presentation of Comprehensive Income,” which revises the manner in which comprehensive income is presented in an entity’s financial statements. This update requires the presentation of the components of comprehensive income in either a continuous statement of comprehensive income or in two separate but consecutive financial statements. The option to present comprehensive income on the statement of stockholders’ equity has been eliminated. The provisions of this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. We adopted ASU 2011-05 for the quarter ending March 31, 2012 and retrospectively for the quarter ending March 31, 2011. The implementation of this update resulted in presentation changes only. | |
In September 2011, the FASB amended ASC 350, “Intangibles—Goodwill and Other” with ASU 2011-08, “Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment.” Under the revised guidance, entities testing goodwill for impairment have the option of performing a qualitative assessment before calculating the fair value of a reporting unit in step 1 of the goodwill impairment test. If entities determine, on the basis of qualitative factors, that the fair value of a reporting unit is not more likely than not less than the carrying amount, the two-step impairment test would not be required. Otherwise, further testing would be needed. The amendments are effective for all entities for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. We adopted ASU 2011-08 for the fiscal year ending December 31, 2011 because early adoption was permitted. | |
Accounting Pronouncements Not Yet Adopted | |
In July 2012, the FASB amended ASC 350, “Intangibles—Goodwill and Other” with ASU 2012-02, “Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-lived Intangible Assets for Impairment.” Under the revised guidance, an organization has the option to first assess qualitative factors to determine whether it is necessary to perform the quantitative impairment test. An organization electing to perform a qualitative assessment is no longer required to calculate the fair value of an indefinite-lived intangible asset unless the organization determines, based on a qualitative assessment, that it is “more likely than not” that the asset is impaired. The guidance is effective for impairment tests for fiscal years beginning after September 15, 2012. Earlier application is permitted for us prior to the issuance of our upcoming annual or interim filings. |
Discontinued_Operation
Discontinued Operation | 9 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||
Brake [Member] | Quinton Hazell [Member] | ||||||||||||||||||||||||||||||||||||||||||
Discontinued Operation | ' | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Note 6. Discontinued Operation—Brake | Note 3. Discontinued Operation—Brake | Note 19. Discontinued Operation—Quinton Hazell | |||||||||||||||||||||||||||||||||||||||||
In the fourth quarter of 2011, we committed to a plan to sell the Brake North America and Asia group. In accordance with ASC Topic 205, “Presentation of Financial Statements,” the Brake North America and Asia group qualified as a discontinued operation. The consolidated statements of operations for all periods presented have been adjusted to reflect this group as a discontinued operation. The consolidated statements of cash flows for all periods presented were not adjusted to reflect this group as a discontinued operation. | In the fourth quarter of 2011, we committed to a plan to sell the Brake North America and Asia group. In accordance with ASC Topic 205, “Presentation of Financial Statements,” the Brake North America and Asia group qualified as a discontinued operation. The consolidated statements of operations for all periods presented have been adjusted to reflect this group as a discontinued operation. The consolidated statements of cash flows for all periods presented were not adjusted to reflect this group as a discontinued operation. | In the fourth quarter of 2009 we committed to a plan to sell the Commercial Distribution Europe segment. In accordance with ASC Topic 205, “Presentation of Financial Statements,” the Commercial Distribution Europe segment qualified as a discontinued operation. The consolidated statements of operations for all periods presented have been adjusted to reflect this segment as a discontinued operation. The consolidated statements of cash flows for all periods presented were not adjusted to reflect this segment as a discontinued operation. The table below summarizes the Commercial Distribution Europe segment’s net sales, loss before income tax provision, income tax provision and loss from discontinued operations, net of tax. | |||||||||||||||||||||||||||||||||||||||||
On November 30, 2012, we distributed our Brake North America and Asia group to the shareholders of Holdings, the Company’s parent company and sole stockholder. The new organization is led by the management team from the Company’s former Brake North America and Asia group, with oversight provided by a separate board of directors. On March 25, 2013, the new organization announced that it had been acquired by a group of investors. | On November 30, 2012, we distributed our Brake North America and Asia group to the shareholders of Holdings, the Company’s parent company and sole stockholder. The new organization is led by the management team from the Company’s former Brake North America and Asia group, with oversight provided by a separate board of directors. The shareholders remain committed to sell the Brake North America and Asia group and continued to actively market the group for sale after the distribution. | ||||||||||||||||||||||||||||||||||||||||||
To effect the transaction, we distributed 100% of the capital stock of BPI Holdings International, Inc. (“BPI”), an entity formed for the purpose of completing the transaction and which owns the assets and operations comprising the Company’s former Brake North America and Asia group, to Holdings. Thereafter, Holdings distributed such capital stock to the holders of Holdings common stock and to the holders of Holding’s 9.5% Class A Convertible Participating Preferred Stock, par value $0.01 per share (“Preferred Stock”), on a pro rata basis as if each of the shares of Preferred Stock outstanding at the time of the distribution had been converted into Holdings common stock in accordance with its terms prior to the distribution. The fair value of the capital stock distributed to the shareholders of Holdings was $63 million. In addition, noncontrolling interest decreased by $13 million due to the distribution of BPI. | To effect the transaction, we distributed 100% of the capital stock of BPI Holdings International, Inc. (“BPI”), an entity formed for the purpose of completing the transaction and which owns the assets and operations comprising the Company’s former Brake North America and Asia group, to Holdings. Thereafter, Holdings distributed such capital stock to the holders of Holdings common stock and to the holders of Holding’s 9.5% Class A Convertible Participating Preferred Stock, par value $0.01 per share (“Preferred Stock”), on a pro rata basis as if each of the shares of Preferred Stock outstanding at the time of the distribution had been converted into Holdings common stock in accordance with its terms prior to the distribution. The fair value of the capital stock distributed to the shareholders of Holdings was $63 million. In addition, noncontrolling interest decreased by $13 million due to the distribution of BPI. | ||||||||||||||||||||||||||||||||||||||||||
In connection with the distribution, the Company received a $70 million cash dividend from BPI, which BPI funded through $76.5 million in borrowings under a new credit facility that is not guaranteed by, or an obligation of, the Company or any of its subsidiaries. BPI held $11 million in cash that was included in the distribution on November 30, 2012. | (Dollars in millions) | 2010 | 2011 | 2012 | |||||||||||||||||||||||||||||||||||||||
In connection with the distribution, the Company received a $70 million cash dividend from BPI, which BPI funded through $76.5 million in borrowings under a new credit facility that is not guaranteed by, or an obligation of, the Company or any of its subsidiaries. BPI held $11 million in cash that was included in the distribution on November 30, 2012. | Affinia and BPI entered into a transition services agreement (“TSA”) effective with the distribution on November 30, 2012. The TSA provides for certain administrative and other services and support to be provided by us to BPI and to be provided by BPI to us. Most of the transition services will expire during 2013 and we anticipate that we will begin distributing our chassis products during 2014. The TSAs and the distribution services were established as arm length transactions and are intended for the contracting parties to recover costs of the services. On the date of the distribution, we no longer had any influence over BPI. We evaluated all potential variable interests between Affinia and BPI and determined that we are not the primary beneficiary of BPI. Consequently, we deconsolidated BPI on the date of the distribution. | Net sales | $ | 18 | $ | — | $ | — | |||||||||||||||||||||||||||||||||||
Affinia and BPI entered into a transition services agreement (“TSA”) effective with the distribution on November 30, 2012. The TSA provides for certain administrative and other services and support to be provided by us to BPI and to be provided by BPI to us. Most of the transition services will expire during 2013. We anticipate that our chassis products group (“Chassis”) will become stand alone and will no longer require the services of BPI to warehouse and distribute chassis product sometime in 2014. The TSAs and the distribution services were established as arm length transactions and are intended for the contracting parties to recover costs of the services. On the date of the distribution, we no longer had any influence over BPI. We evaluated all potential variable interests between Affinia and BPI and determined that we are not the primary beneficiary of BPI. Consequently, we deconsolidated BPI on the date of the distribution. | The table below summarizes the Brake North America and Asia group’s net sales, loss before income tax provision, income tax provision, income (loss) from discontinued operations, net of tax, net income attributable to noncontrolling interest, net of tax and loss attributable to the discontinued operations. | Loss before income tax provision | — | — | — | ||||||||||||||||||||||||||||||||||||||
The table below summarizes the Brake North America and Asia group’s net sales, income (loss) before income tax benefit (provision), income tax benefit (provision), loss from discontinued operations, net of tax, net income attributable to noncontrolling interest, net of tax and loss attributable to the discontinued operations. | Income tax provision | — | — | — | |||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | 2010 | 2011 | 2012 | Loss from discontinued operations, net of tax | $ | — | $ | — | $ | — | |||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | Net sales | $ | 632 | $ | 637 | $ | 582 | ||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | Loss before income tax benefit (provision) | (2 | ) | (174 | ) | (91 | ) | We entered into a Sale and Purchase Agreement with Klarius Group Limited (“KGL”) and Auto Holding Paris S.A.S. (“AHP”) (collectively, the “Purchaser”) on February 2, 2010 (the “Agreement”), pursuant to which KGL purchased the shares of Quinton Hazell Automotive Limited and Quinton Hazell Italia SpA and AHP purchased the shares of Quinton Hazell Deutschland GmbH and Affinia Holding S.A.S. (collectively, the “Group Companies”) for $11 million, which was the net purchase price after the working capital adjustment settlement. The business of the Group Companies and their subsidiaries consist of manufacturing and distribution facilities in eight countries in Europe. | ||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | Income tax benefit (provision) | 3 | 61 | (33 | ) | |||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | ||||||||||||||||||||||||||||||||||||||||
Net sales | $ | 159 | $ | — | $ | 480 | $ | — | Income (loss) from discontinued operations, net of tax | 1 | (113 | ) | (124 | ) | |||||||||||||||||||||||||||||
Income (loss) before income tax benefit (provision) | (19 | ) | — | (91 | ) | 1 | Less: net income attributable to noncontrolling interest, net of tax | 6 | 1 | 1 | |||||||||||||||||||||||||||||||||
Income tax benefit (provision) | 9 | — | 34 | (2 | ) | ||||||||||||||||||||||||||||||||||||||
Loss attributable to the discontinued operations | $ | (5 | ) | $ | (114 | ) | $ | (125 | ) | ||||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | (10 | ) | — | (57 | ) | (1 | ) | ||||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | 1 | — | 1 | — | |||||||||||||||||||||||||||||||||||||||
We entered into an Asset Purchase Agreement with Carter Automotive Company Inc. (“Carter”) on June 28, 2012, pursuant to which Carter purchased certain assets located in our Juarez, Mexico facility, which is included in our Brake North America and Asia group, for $2.5 million. The transaction resulted in an impairment and loss on sale of $6 million on fixed assets and inventory for the second quarter of 2012. | |||||||||||||||||||||||||||||||||||||||||||
Loss attributable to the discontinued operations | $ | (11 | ) | $ | — | $ | (58 | ) | $ | (1 | ) | The Company determined at the end of 2011 that the net carrying value of the Brake North America and Asia group may not be recoverable through the sales process. At the end of 2011, the fair value of the Brake North America and Asia group assets held for sale were determined based on current market data, discounted cash flow model and observable valuation multiples for comparable companies. As a result, an impairment charge of $165 million was recorded within discontinued operations in 2011 to reduce the carrying value of the business to expected realizable value. A tax benefit to the Company of $57 million was recorded in 2011 relating to the impairment. | |||||||||||||||||||||||||||||||
The fair value of the capital stock of BPI exceeded the carrying value of the disposal group, which resulted in an additional impairment of $86 million in 2012. The loss on discontinued operations before income tax provision for 2012 is $91 million and is comprised of the $86 million impairment and an operational loss of $5 million. The income tax provision related to discontinued operations was $33 million. | |||||||||||||||||||||||||||||||||||||||||||
The assets and liabilities of BPI have been deconsolidated as of December 31, 2012. The following table shows an analysis of assets and liabilities held for sale as of December 31, 2011: | |||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | ||||||||||||||||||||||||||||||||||||||||||
2011 | |||||||||||||||||||||||||||||||||||||||||||
Restricted cash | $ | 7 | |||||||||||||||||||||||||||||||||||||||||
Accounts receivable | 75 | ||||||||||||||||||||||||||||||||||||||||||
Inventory | 221 | ||||||||||||||||||||||||||||||||||||||||||
Current deferred taxes | 4 | ||||||||||||||||||||||||||||||||||||||||||
Prepaid taxes | 51 | ||||||||||||||||||||||||||||||||||||||||||
Other current assets | 7 | ||||||||||||||||||||||||||||||||||||||||||
Property, plant and equipment | 122 | ||||||||||||||||||||||||||||||||||||||||||
Goodwill | 25 | ||||||||||||||||||||||||||||||||||||||||||
Other intangible assets | 53 | ||||||||||||||||||||||||||||||||||||||||||
Deferred income taxes | 7 | ||||||||||||||||||||||||||||||||||||||||||
Other assets | 9 | ||||||||||||||||||||||||||||||||||||||||||
Impairment of assets | (165 | ) | |||||||||||||||||||||||||||||||||||||||||
Total assets of discontinued operations | $ | 416 | |||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | 59 | |||||||||||||||||||||||||||||||||||||||||
Notes payable | 20 | ||||||||||||||||||||||||||||||||||||||||||
Other accrued expenses | 82 | ||||||||||||||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | 14 | ||||||||||||||||||||||||||||||||||||||||||
Deferred employee benefits and other noncurrent liabilities | 8 | ||||||||||||||||||||||||||||||||||||||||||
Total liabilities of discontinued operations | $ | 183 |
Inventories_net
Inventories, net | 9 Months Ended | 12 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||
Inventory Disclosure [Abstract] | ' | ' | ||||||||||||||||
Inventories, net | ' | ' | ||||||||||||||||
Note 8. Inventories, net | Note 4. Inventories, net | |||||||||||||||||
Inventories are valued at the lower of cost or market. Cost is determined on the FIFO basis for all domestic inventories or average cost basis for non-U.S. inventories. Inventories are reduced by an allowance for slow-moving and obsolete inventories based on management’s review of on-hand inventories compared to historical and estimated future sales and usage. A summary of inventories, net is provided in the table below: | Inventories are valued at the lower of cost or market. Cost is determined on the FIFO basis for all domestic inventories or average cost basis for non-U.S. inventories. Inventories are reduced by an allowance for slow-moving and obsolete inventories based on management’s review of on-hand inventories compared to historical and estimated future sales and usage. A summary of inventories, net is provided in the table below: | |||||||||||||||||
(Dollars in millions) | At December 31, | At September 30, | (Dollars in millions) | At December 31, | At December 31, | |||||||||||||
2012 | 2013 | 2011(1) | 2012 | |||||||||||||||
Raw materials | $ | 77 | $ | 67 | Raw materials | $ | 68 | $ | 77 | |||||||||
Work- in- process | 19 | 17 | Work-in-process | 19 | 19 | |||||||||||||
Finished goods | 208 | 218 | Finished goods | 189 | 208 | |||||||||||||
$ | 304 | $ | 302 | $ | 276 | $ | 304 | |||||||||||
-1 | The inventory as of December 31, 2011 excludes $221 million of inventory in our Brake North America and Asia group, which is classified in current assets of discontinued operations. |
Goodwill
Goodwill | 9 Months Ended | 12 Months Ended | ||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ' | ||||
Goodwill | ' | ' | ||||
Note 9. Goodwill | Note 5. Goodwill | |||||
Goodwill as of December 31, 2012 and September 30, 2013 was $24 million and $25 million, respectively. Goodwill as of September 30, 2013 consisted of the following: $22 million for the acquisition of NAPD in 2010, $2 million for a minor acquisition in 2008 and $1 million for a minor acquisition in 2013. Goodwill is not amortized, but instead the Company evaluates goodwill for impairment, as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. | Goodwill as of December 31, 2012 was $24 million and consisted of the following: $22 million for the acquisition of NAPD and $2 million for a minor acquisition in 2008. | |||||
In accordance with ASC Topic 805-740, the tax benefit for the excess of tax-deductible goodwill over the reported amount of goodwill is applied to first reduce the goodwill related to the initial acquisition in 2004. The tax benefit for the excess of tax deductible goodwill reduced reported goodwill by $4 million during 2012. The reported amount of goodwill for the 2004 acquisition was reduced to zero, and the remaining tax benefit will reduce the basis of intangible assets purchased in the 2004 acquisition. Any remaining tax benefit reduces the income tax provision. | ||||||
The following table summarizes our goodwill activity, which is related to the Brake North America and Asia group and On and Off-highway reportable segment, during 2011 and 2012: | ||||||
(Dollars in millions) | ||||||
Balance at December 31, 2010 | $ | 59 | ||||
Tax benefit reductions | (8 | ) | ||||
Discontinued operations—Brake North America and Asia group(1) | (25 | ) | ||||
Currency and other adjustments | 2 | |||||
Balance at December 31, 2011(1) | $ | 28 | ||||
Tax benefit reductions | (4 | ) | ||||
Balance at December 31, 2012 | $ | 24 | ||||
-1 | The goodwill as of December 31, 2011 excludes $25 million of goodwill in our Brake North America and Asia group, which is classified in discontinued operations. |
Other_Intangible_Assets
Other Intangible Assets | 12 Months Ended | ||||||||||||||||||||||||||||||||
Dec. 31, 2012 | |||||||||||||||||||||||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||||||||||||||||||
Other Intangible Assets | ' | ||||||||||||||||||||||||||||||||
Note 6. Other Intangible Assets | |||||||||||||||||||||||||||||||||
As of December 31, 2011 and 2012, the Company’s other intangible assets primarily consisted of trade names, customer relationships, and developed technology. The Company recorded approximately $8 million, $9 million and $6 million of intangible asset amortization in 2010, 2011 and 2012, respectively, which includes $4 million for 2010 and 2011 related to our discontinued operations. The discontinued operations ceased amortization in 2012 because it was classified in assets held for sale. We anticipate amortization of $5 million for 2013 through 2015 and $4 million in 2016 and 2017 on a continuing basis. Amortization expense is calculated on a straight line basis over 5 to 20 years. We determine on a periodic basis whether the lives and the method for amortization are accurate. | |||||||||||||||||||||||||||||||||
Trade names are tested for impairment annually as of December 31 of each year by comparing their fair value to their carrying values. The fair value for each trade name was established based upon a royalty savings approach. We determined that there were impairments of other intangible assets of nil in 2010 and less than $1 million in 2011 and 2012. A rollforward of the other intangibles and trade names for 2011 and 2012 is shown below: | |||||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | Amortization | Impairment | Other(1) | December 31, | Amortization | Impairment | December 31, | |||||||||||||||||||||||||
2010 | 2011(1) | 2012 | |||||||||||||||||||||||||||||||
Trade names | $ | 48 | $ | — | $ | — | $ | (12 | ) | $ | 36 | $ | — | $ | — | $ | 36 | ||||||||||||||||
Customer relationships | 92 | (7 | ) | — | (38 | ) | 47 | (4 | ) | — | 43 | ||||||||||||||||||||||
Developed technology/Other | 16 | (2 | ) | — | (3 | ) | 11 | (2 | ) | — | 9 | ||||||||||||||||||||||
Total | $ | 156 | $ | (9 | ) | $ | — | $ | (53 | ) | $ | 94 | $ | (6 | ) | $ | — | $ | 88 | ||||||||||||||
-1 | The intangible assets as of December 31, 2011 exclude $53 million of intangible assets in our Brake North America and Asia group, which is classified in current assets of discontinued operations. | ||||||||||||||||||||||||||||||||
Accumulated amortization for the intangibles was $33 million and $39 million as of December 31, 2011 and 2012, respectively. The weighted average amortization period by class of intangible was the following: 20 years for customer relationships and 13 years for developed technology and other intangibles. |
Derivatives
Derivatives | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||
Derivative Instruments And Hedging Activities Disclosure [Abstract] | ' | ' | ||||||||||||||||||||||||||||
Derivatives | ' | ' | ||||||||||||||||||||||||||||
Note 7. Derivatives | Note 7. Derivatives | |||||||||||||||||||||||||||||
The Company’s financial derivative assets and liabilities consist of standard currency forward contracts. The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions (inputs) used to price the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows: | ||||||||||||||||||||||||||||||
The Company’s financial derivative assets and liabilities consist of standard currency forward contracts and interest rate swaps. The fair value framework requires the categorization of assets and liabilities into three levels based upon the assumptions (inputs) used to price the assets or liabilities. Level 1 provides the most reliable measure of fair value, whereas Level 3 generally requires significant management judgment. The three levels are defined as follows: | ||||||||||||||||||||||||||||||
• | Level 1: Unadjusted quoted prices in active markets for identical assets and liabilities. | |||||||||||||||||||||||||||||
• | Level 2: Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. | |||||||||||||||||||||||||||||
• | Level 1: Unadjusted quoted prices in active markets for identical assets and liabilities. | |||||||||||||||||||||||||||||
• | Level 3: Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. | |||||||||||||||||||||||||||||
All derivative instruments are recognized on our balance sheet at fair value. The fair value measurements of our currency forward contracts are based upon Level 2 inputs consisting of observable market data pertaining to relevant currency exchange rates, as reported by a recognized independent third-party financial information provider. Based upon the Company’s periodic assessment of our own creditworthiness, and of the creditworthiness of the counterparties to our derivative instruments, fair value measurements are not adjusted for nonperformance risk. | ||||||||||||||||||||||||||||||
• | Level 2: Observable inputs other than those included in Level 1. For example, quoted prices for similar assets or liabilities in active markets or quoted prices for identical assets or liabilities in inactive markets. | Currency Forward Contract Derivatives | ||||||||||||||||||||||||||||
Our currency forward contracts are valued using then-current spot and forward market data as provided by external financial institutions. We enter into short-term currency forward contracts with banking institutions of only the highest tiered credit ratings and thus the counterparty credit risk associated with these contracts is not considered significant. | ||||||||||||||||||||||||||||||
Our currency forward contracts are not designated as hedges of specific monetary asset balances subject to currency risks. Changes in the fair value of these currency forward contracts are recognized in income each accounting period. At December 31, 2012, the aggregate notional amount of our currency forward contracts was $69 million having a fair market value of less than $1 million in assets and liabilities. | ||||||||||||||||||||||||||||||
• | Level 3: Unobservable inputs reflecting management’s own assumptions about the inputs used in pricing the asset or liability. | The Company’s outstanding currency forward contracts are recorded in the Consolidated Balance Sheets as “Other current assets” or “Other accrued expenses,” accordingly. Currency forward contract gains and losses are recognized in “Other income, net” in the Consolidated Statements of Operations in the reporting period of occurrence. The Company has not recorded currency forward contract gains (losses) to other comprehensive income (loss) nor has it reclassified prior period currency derivative results from other comprehensive income (loss) to earning during the last twelve months. The Company does not anticipate that it will record any currency forward contract gains or losses to other comprehensive income (loss) or that it will reclassify prior period currency forward contract results from other comprehensive income (loss) to earnings in the next twelve months. | ||||||||||||||||||||||||||||
All derivative instruments are recognized on our balance sheet at fair value. The fair value measurements of our currency forward contracts and interest rate swaps are based upon Level 2 inputs consisting of observable market data, as reported by a recognized independent third-party financial information provider. Based upon the Company’s periodic assessment of our own creditworthiness, and of the creditworthiness of the counterparties to our derivative instruments, fair value measurements are not adjusted for nonperformance risk. | The notional amount and fair value of our outstanding currency forward contracts were as follows: | |||||||||||||||||||||||||||||
(Dollars in millions) | Notional | Asset | Liability | |||||||||||||||||||||||||||
Currency Forward Contract Derivatives | Amount | Derivative | Derivative | |||||||||||||||||||||||||||
As of December 31, 2012 | $ | 69 | $ | — | $ | — | ||||||||||||||||||||||||
Our currency forward contracts are valued using then-current spot and forward market data as provided by external financial institutions. We enter into short-term currency forward contracts with banking institutions of only the highest tiered credit ratings and thus the counterparty credit risk associated with these contracts is not considered significant. | As of December 31, 2011 | $ | 62 | $ | 1 | $ | — | |||||||||||||||||||||||
Currency forward contract gains and losses are recognized in “Other income, net” in the Consolidated Statements of Operations in the reporting period of occurrence. The short-term currency exchange rate forward contracts are intended to offset the currency exchange gain (loss) related to the re-measurement process. The currency forward contract gains and losses are as follows: | ||||||||||||||||||||||||||||||
Our currency forward contracts are not designated as hedges of specific monetary asset balances subject to currency risks. The Company does not seek hedge accounting treatment for its currency forward contacts because the earnings impact from both the underlying exposures and the hedge transactions are recognized in each accounting period. Changes in the fair value of these currency forward contracts are recognized in income each accounting period. At December 31, 2012, the aggregate notional amount of our currency forward contracts was $69 million having a fair market value of less than $1 million in assets and liabilities. At September 30, 2013, the aggregate notional amount of our currency forward contracts was $75 million having a fair market value of less than $1 million in assets and liabilities. | ||||||||||||||||||||||||||||||
The Company’s outstanding currency forward contracts are recorded in the Consolidated Balance Sheets as “Other current assets” or “Other accrued expenses,” accordingly. Currency forward contract gains and losses are recognized in “Other income (loss), net” in the Consolidated Statements of Operations in the reporting period of occurrence. The Company has not recorded currency forward contract gains (losses) to other comprehensive income (loss) nor has it reclassified prior period currency derivative results from other comprehensive income (loss) to earning during the last twelve months. The Company does not anticipate that it will record any currency forward contract gains or losses to other comprehensive income (loss) or that it will reclassify prior period currency forward contract results from other comprehensive income (loss) to earnings in the next twelve months. | (Dollars in millions) | Year | Year | Year | ||||||||||||||||||||||||||
Ended | Ended | Ended | ||||||||||||||||||||||||||||
Currency forward contract gains and losses are recognized in “Other income (loss), net” in the Consolidated Statements of Operations in the reporting period of occurrence. The short-term currency exchange rate forward contracts are intended to offset the currency exchange gain (loss) related to the re-measurement process. The currency forward contract gains and losses are as follows: | December 31, | December 31, | December 31, | |||||||||||||||||||||||||||
2010 | 2011 | 2012 | ||||||||||||||||||||||||||||
Gain (loss) on derivative instruments | $ | (7 | ) | $ | 1 | $ | 2 | |||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | ||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||
Gain (loss) on derivative instruments | $ | 2 | $ | — | $ | 2 | $ | — | ||||||||||||||||||||||
Interest Rate Derivatives | ||||||||||||||||||||||||||||||
On April 25, 2013, we entered into interest rate swaps having an aggregate notional value of $300 million to effectively fix the rate of interest on a portion of our Term Loan B-2 until April 25, 2020. The Company funds its business operations with a combination of fixed and floating-rate debt. Therefore, our reported results from operations may be adversely impacted by rising interest rates. The Company’s interest rate risk policy seeks to minimize the long-term cost of debt, subject to a limitation of the maximum percentage of net floating-rate debt versus total debt outstanding. | ||||||||||||||||||||||||||||||
While our policy does not require that we maintain a specific ratio of net floating-rate debt as a proportion of total debt outstanding, we use interest rate swaps to manage the ratio of net floating-rate debt to total debt outstanding within our policy target range, thereby reducing the potential impact that interest rate variability may have on our consolidated financial results. Our policy strictly prohibits the use of interest rate derivatives to generate trading profits or to otherwise speculate on interest rate movements. | ||||||||||||||||||||||||||||||
We have designated our interest rate swaps as “cash flow” hedges as described in ASC 815, “Derivatives and Hedging” (“ASC 815”). At the inception of the hedge, the Company formally documents its hedge relationships and risk management objectives and strategy for undertaking the hedge. In addition, the documentation identifies the interest rate swaps as a hedge of specific interest payments on variable rate debt, with the objective to perfectly offset the variability of interest expense as related to specific floating-rate debt. We also specify that the effectiveness of the interest rate swaps in mitigating interest expense variability shall be assessed using the “Hypothetical Derivative Method” as described in ASC 815. | ||||||||||||||||||||||||||||||
The interest rate swaps are recorded in the Consolidated Balance Sheets as “Other current assets” or “Other accrued expenses,” accordingly. In compliance with ASC 815, the Company formally assesses the effectiveness of its interest rate swaps at inception and on a quarterly basis thereafter. These assessments have established that swaps have been, and are expected to continue to be, highly effective at offsetting the interest expense variability of the underlying floating rate debt and are therefore eligible for cash flow hedge accounting treatment, pursuant to ASC 815. | ||||||||||||||||||||||||||||||
Changes in the fair value of derivatives designated as cash flow hedges are recorded to other comprehensive income (loss), to the extent such cash flow hedges are effective. Amounts are reclassified from other comprehensive income (loss) when the underlying hedged items are recognized, during the period that a hedge transaction is terminated, or whenever a portion of the hedge transaction results are deemed ineffective. We reclassified $1 million from other comprehensive income (loss) into interest expense in the first nine months of 2013. There have been no gains or losses reclassified from other comprehensive income (loss) into earnings due to hedge ineffectiveness related to any of the Company’s interest rate swap transactions, nor were there gains or losses reclassified to income due to early termination of designated cash-flow hedge transactions as of September 30, 2013. | ||||||||||||||||||||||||||||||
The notional amount and fair value of interest rate swaps outstanding are as follows: | ||||||||||||||||||||||||||||||
(Dollars in millions) | Notional Amount | Fair Value | ||||||||||||||||||||||||||||
As of September 30, 2013 | $ | 300 | $ | 8 | ||||||||||||||||||||||||||
As of December 31, 2012 | $ | — | $ | — |
Debt
Debt | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | ' | ' | ||||||||||||||||||||||||||||
Debt | ' | ' | ||||||||||||||||||||||||||||
Note 5. Debt | Note 8. Debt | |||||||||||||||||||||||||||||
Our debt consists of notes that are publicly traded, an ABL Revolver, term loans and other short-term borrowings. Our debt consisted of the following: | On August 13, 2009, we refinanced our former term loan facility, revolving credit facility and accounts receivable facility. The refinancing consisted of the ABL Revolver and the Secured Notes, the proceeds of which were used to repay outstanding borrowings under our former term loan facility, revolving credit facility and accounts receivable facility, as well as to settle interest rate derivatives and to pay fees and expenses related to the refinancing. The ABL Revolver and the Secured Notes replaced our revolving credit facility, which would have otherwise matured on November 30, 2010, our former term loan facility, which would have otherwise matured on November 30, 2011, and our accounts receivables facility, which would have otherwise matured on November 30, 2009. | |||||||||||||||||||||||||||||
On December 31, 2010, we redeemed $22.5 million aggregate principal amount of our Secured Notes, pursuant to their terms at a redemption price equal to 103% of the principal amount of such notes being redeemed, plus accrued and unpaid interest to the redemption date. | ||||||||||||||||||||||||||||||
On December 9, 2010, we completed an offering of an additional $100 million of our 9% Senior Subordinated Notes due 2014, (the “Subordinated Notes”), thereby increasing the outstanding aggregate principle amount to $367 million. The Company used the proceeds from the offering of the Additional Notes to finance its $24 million acquisition of the remaining 50% interest of Affinia India Private Limited and to finance our $52 million acquisition of the NAPD business on December 16, 2010. | ||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | September 30, | On May 22, 2012 and November 30, 2012, Affinia Group Inc. entered into the Omnibus Fourth and Fifth Amendment to ABL Credit Agreement and Other Credit Documents (the “ABL Amendment”) among the Company, Affinia Group Inc., certain of the Company’s U.S. subsidiaries, certain of the Company’s Canadian subsidiaries, the lenders party thereto, Bank of America, N.A., as the administrative agent, and the other agents party thereto. As amended by the ABL Amendment, the asset-based revolving credit facility (the “ABL Revolver”) includes (i) a revolving credit facility of up to $300 million (which may be increased or decreased in accordance with the reallocation provisions of the ABL Revolver) for borrowings solely to the U.S. domestic borrowers, including (a) a $40 million sub-limit for letters of credit and (b) a $30 million swingline facility and (ii) a revolving credit facility of up to $15 million (which may be increased or decreased in accordance with the reallocation provisions of the ABL Revolver, but in no event to exceed $25 million) for Canadian Dollar denominated revolving loans solely to a Canadian borrower. Availability under the ABL Revolver is based upon monthly (or more frequent under certain circumstances) borrowing base valuations of the Company’s eligible inventory and accounts receivable and is reduced by certain reserves in effect from time to time. | |||||||||||||||||||||||||||
2012 | 2013 | In addition, under the ABL Revolver, a financial covenant exists which would be triggered if excess availability under the ABL Revolver is less than the greater of 10.0% of the total borrowing base and $20.0 million. If the covenant trigger were to occur, we would be required to satisfy and maintain a fixed charge coverage ratio of at least 1.00x, measured for the last twelve-month period. As of March 18, 2013, none of the covenant triggers have occurred. The fixed charge coverage ratio was 1.71x as of December 31, 2012. The impact of falling below the fixed charge coverage ratio would not be a default but instead the imposition of restrictions on our ability to pursue certain operational or financial transactions (e.g. asset dispositions, dividends and acquisitions). | ||||||||||||||||||||||||||||
9% Senior subordinated notes, due November 2014 | $ | 367 | — | On June 25, 2012, Affinia Group Inc. redeemed $22.5 million aggregate principal amount of the Secured Notes pursuant to their terms at a redemption price equal to 103% of the principal amount of such notes being redeemed, plus accrued and unpaid interest to the redemption date. | ||||||||||||||||||||||||||
10.75% Senior secured notes, due August 2016 | 179 | — | Debt consists of the following: | |||||||||||||||||||||||||||
7.75% Senior notes, due May 2021 | — | 250 | ||||||||||||||||||||||||||||
Term Loan B-1, due April 2016 | — | 199 | ||||||||||||||||||||||||||||
Term Loan B-2, due April 2020 | — | 467 | At December 31, | |||||||||||||||||||||||||||
ABL revolver, due April 2018 | — | — | (Dollars in millions) | 2011 | 2012 | |||||||||||||||||||||||||
Other debt(1) | 23 | 22 | 9% Senior subordinated notes, due November 2014 | $ | 367 | $ | 367 | |||||||||||||||||||||||
10.75% Senior secured notes, due August 2016 | 201 | 179 | ||||||||||||||||||||||||||||
569 | 938 | ABL revolver, due May 2017 | 110 | — | ||||||||||||||||||||||||||
Less: current portion(1) | (23 | ) | (22 | ) | Other debt(1) | 20 | 23 | |||||||||||||||||||||||
$ | 546 | $ | 916 | 698 | 569 | |||||||||||||||||||||||||
Less: Current portion(1) | (20 | ) | (23 | ) | ||||||||||||||||||||||||||
-1 | The other debt of $23 million as of December 31, 2012 consisted of $20 million related to our Poland filtration operations and $3 million related to our China filtration operations. The other debt of $22 million as of September 30, 2013 consisted of $20 million related to our Poland filtration operations and $2 million related to our China filtration operations. | $ | 678 | $ | 546 | |||||||||||||||||||||||||
The fair value framework requires the categorization of our debt into three levels based upon the assumptions (inputs) used to determine fair value. The fair value of debt and the categorization of the hierarchy level of fair value, net of discount, are as follows: | ||||||||||||||||||||||||||||||
Fair Value of Debt at December 31, 2012 | -1 | The debt as of December 31, 2011 excludes $20 million of notes payable in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations and has rates ranging from 5.2% to 5.4%. The other debt of $20 million as of December 31, 2011 relates to our Poland operations. Our Poland operations in 2011 initiated a revolving credit facility with borrowings up to $20 million. The other debt of $23 million as of December 31, 2012 consist of $20 million related to our Poland operations with a rate of one month LIBOR plus 0.9 points and $3 million related to our filtration China operations. | ||||||||||||||||||||||||||||
Scheduled maturities of debt for each of the next five years and thereafter are as follows: | ||||||||||||||||||||||||||||||
(Dollars in millions) | Book Value | Fair Value | Fair Value | |||||||||||||||||||||||||||
of Debt | Factor | of Debt | (Dollars in millions) | Amount | ||||||||||||||||||||||||||
Senior subordinated notes, due November 2014(1) | $ | 367 | 100.25 | % | $ | 368 | Year | |||||||||||||||||||||||
Senior secured notes, due August 2016(1) | 179 | 108.43 | % | 194 | 2013 | $ | 23 | |||||||||||||||||||||||
ABL revolver, due May 2017(2) | — | 100 | % | — | 2014 | 367 | ||||||||||||||||||||||||
Other debt(2) | 23 | 100 | % | 23 | 2015 | — | ||||||||||||||||||||||||
2016 | 179 | |||||||||||||||||||||||||||||
Total fair value of debt at December 31, 2012 | $ | 585 | 2017 | — | ||||||||||||||||||||||||||
2018 and thereafter | — | |||||||||||||||||||||||||||||
Fair Value of Debt at September 30, 2013 | ||||||||||||||||||||||||||||||
Total debt | $ | 569 | ||||||||||||||||||||||||||||
(Dollars in millions) | Book Value | Fair Value | Fair Value | |||||||||||||||||||||||||||
of Debt | Factor | of Debt | The fair value of debt is as follows: | |||||||||||||||||||||||||||
Senior notes, due May 2021(1) | $ | 250 | 102.75 | % | $ | 257 | Fair Value of Debt at December 31, 2011 | |||||||||||||||||||||||
Term Loan B-1, due April 2016(1) | 199 | 100.06 | % | 199 | ||||||||||||||||||||||||||
Term Loan B-2, due April 2020(1) | 467 | 99.56 | % | 465 | ||||||||||||||||||||||||||
ABL revolver, due April 2018(2) | — | 100 | % | — | (Dollars in millions) | Book | Fair | Fair | ||||||||||||||||||||||
Other debt(2) | 22 | 100 | % | 22 | Value | Value | Value | |||||||||||||||||||||||
of Debt | Factor | of Debt | ||||||||||||||||||||||||||||
Total fair value of debt at September 30, 2013 | $ | 943 | Senior subordinated notes, due November 2014(1) | $ | 367 | 99.69 | % | $ | 366 | |||||||||||||||||||||
Senior secured notes, due August 2016(1) | 201 | 109.06 | % | 219 | ||||||||||||||||||||||||||
ABL revolver, due November 2015(2) | 110 | 100 | % | 110 | ||||||||||||||||||||||||||
-1 | The fair value of the long-term debt was estimated based on quoted market prices obtained through broker or pricing services and categorized within Level 2 of the hierarchy. The fair value of our debt that is publicly traded in the secondary market is classified as Level 2 and is based on current market yields obtained through broker or pricing services. | Other debt(2)(3) | 20 | 100 | % | 20 | ||||||||||||||||||||||||
-2 | The carrying value of fixed rate short-term debt approximates fair value because of the short term nature of these instruments, and the carrying value of the Company’s current floating rate debt instruments approximates fair value because of the variable interest rates pertaining to those instruments. The fair value of debt is categorized within Level 2 of the hierarchy. | |||||||||||||||||||||||||||||
ABL Revolver | Total fair value of debt at December 31, 2011(3) | $ | 715 | |||||||||||||||||||||||||||
We replaced our Old ABL Revolver with a new ABL Revolver on April 25, 2013. The ABL Revolver comprises a revolving credit facility of up to $175 million for borrowings available solely to the U.S. domestic borrowers, including (a) a $30 million sub-limit for letters of credit and (b) a $15 million swingline facility. Availability under the ABL Revolver is based upon monthly (or more frequent under certain circumstances) borrowing base valuations of our eligible inventory and accounts receivable, among other things, and is reduced by certain reserves in effect from time to time. | ||||||||||||||||||||||||||||||
At September 30, 2013, there were no outstanding borrowings under the ABL Revolver. We had an additional $124 million of availability after giving effect to $10 million in outstanding letters of credit and less than $1 million for borrowing base reserves as of September 30, 2013. | Fair Value of Debt at December 31, 2012 | |||||||||||||||||||||||||||||
Maturity. The ABL Revolver is scheduled to mature on April 25, 2018. | ||||||||||||||||||||||||||||||
Guarantees and collateral. The indebtedness, obligations and liabilities under the ABL Revolver are unconditionally guaranteed jointly and severally on a senior secured basis by Parent and certain of its current and future U.S. subsidiaries, and are secured, subject to permitted liens and other exceptions and exclusions, by a first-priority lien on accounts receivable, inventory, cash, deposit accounts, securities accounts and proceeds of the foregoing and certain assets related thereto and a second-priority lien on the collateral that secures the Term Loans on a first-priority basis. | ||||||||||||||||||||||||||||||
Mandatory prepayments. If at any time the outstanding borrowings under the ABL Revolver (including outstanding letters of credit and swingline loans) exceed the lesser of (i) the borrowing base as in effect at such time and (ii) the aggregate revolving commitments as in effect at such time, the borrowers will be required to prepay an amount equal to such excess and/or cash collateralize outstanding letters of credit. | (Dollars in millions) | Book | Fair | Fair | ||||||||||||||||||||||||||
Voluntary prepayments. Subject to certain conditions, the ABL Revolver allows the borrowers to voluntarily reduce the amount of the revolving commitments and to prepay the loans without premium or penalty other than customary breakage costs for LIBOR rate contracts. | Value | Value | Value | |||||||||||||||||||||||||||
Interest rates and fees. Outstanding borrowings under the ABL Revolver accrue interest at an annual rate of interest equal to (i) a base rate plus the applicable spread, as set forth below or (ii) a LIBOR rate plus the applicable spread, as set forth below. Swingline loans bear interest at a base rate plus the applicable spread. The Company will pay a commission on letters of credit issued under the New ABL Revolver at a rate equal to the applicable spread for loans based upon the LIBOR rate. | of Debt | Factor | of Debt | |||||||||||||||||||||||||||
Senior subordinated notes, due November 2014(1) | $ | 367 | 100.25 | % | $ | 368 | ||||||||||||||||||||||||
Senior secured notes, due August 2016(1) | 179 | 108.43 | % | 194 | ||||||||||||||||||||||||||
Level | Average | Base Rate Loans and | LIBOR Loans | ABL revolver, due May 2017(2) | — | 100 | % | — | ||||||||||||||||||||||
Aggregate | Swingline Loans | Other debt(2) | 23 | 100 | % | 23 | ||||||||||||||||||||||||
Availability | ||||||||||||||||||||||||||||||
I | <$50,000,000 | 1 | % | 2 | % | Total fair value of debt at December 31, 2012 | $ | 585 | ||||||||||||||||||||||
II | >$50,000,000 | 0.75 | % | 1.75 | % | |||||||||||||||||||||||||
but < | ||||||||||||||||||||||||||||||
$100,000,000 | -1 | The fair value of the long-term debt was estimated based on quoted market prices obtained through broker or pricing services and categorized within Level 2 of the hierarchy. The fair value of our debt that is publicly traded in the secondary market is classified as Level 2 and is based on current market yields obtained through broker or pricing services. | ||||||||||||||||||||||||||||
III | >$100,000,000 | 0.5 | % | 1.5 | % | -2 | The carrying value of fixed rate short-term debt approximates fair value because of the short term nature of these instruments, and the carrying value of the Company’s current floating rate debt instruments approximates fair value because of the variable interest rates pertaining to those instruments. The fair value of debt is categorized within Level 2 of the hierarchy. | |||||||||||||||||||||||
The borrowers will pay certain fees with respect to the ABL Revolver, including (i) an unused commitment fee on the undrawn portion of the credit facility of 0.25% per annum in the event that more than 50% of the commitments (excluding swingline loans) under the credit facility are utilized, and 0.375% per annum in the event that less than or equal to 50% of the commitments (excluding swingline loans) under the credit facility are utilized and (ii) customary annual administration fees and fronting fees in respect of letters of credit equal to 0.125% per annum on the stated amount of each letter of credit outstanding during each fiscal quarter. During an event of default, all loans and other obligations under the ABL Revolver may bear interest at a rate 2.00% in excess of the otherwise applicable rate of interest. | -3 | The debt as of December 31, 2011 excludes $20 million of notes payable in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | ||||||||||||||||||||||||||||
Cash Dominion. Commencing on the day that an event of default occurs or availability under the ABL Revolver is less than the greater of 12.5% of the total borrowing base and $17.5 million and continuing until no event of default has existed and availability has been greater than such thresholds at all times for 60 consecutive days, amounts in the Company’s deposit accounts and the deposit accounts of the guarantors (other than certain excluded accounts) will be transferred daily into a blocked account held by the administrative agent and applied to reduce the outstanding amounts under the ABL Revolver. | Asset based credit facilities. Affinia Group Inc. and certain of its subsidiaries have a four-year $315 million ABL Revolver that includes (i) a revolving credit facility of up to $300 million (which may be increased or decreased in accordance with the reallocation provisions of the ABL Revolver) for borrowings solely to the U.S. domestic borrowers (the “U.S. Facility”), including (a) a $40 million sub-limit for letters of credit and (b) a $30 million swingline facility and (ii) a revolving credit facility of up to $15 million (which may be increased or decreased in accordance with the reallocation provisions of the ABL Revolver, but in no event to exceed $25 million) for Canadian Dollar denominated revolving loans solely to a Canadian borrower (the “Canadian Facility”). Availability under the ABL Revolver is based upon monthly (or more frequent under certain circumstances) borrowing base valuations of Affinia Group Inc.’s eligible continuing and discontinued operations inventory and accounts receivable and is reduced by certain reserves in effect from time to time. The ABL Collateral consists of all accounts receivable, inventory, cash (other than certain cash proceeds of Notes Collateral (as defined in the indenture governing the Secured Notes)) and proceeds of the foregoing and certain assets related thereto, in each case held by Affinia Group Intermediate Holdings Inc., Affinia Group Inc. and certain of their subsidiaries. | |||||||||||||||||||||||||||||
Covenants. The ABL Revolver contains negative covenants that, among other things, limit or restrict the ability of the Company and its subsidiaries to: create liens and encumbrances; incur additional indebtedness; merge, dissolve, liquidate or consolidate; make acquisitions, investments, advances or loans; dispose of or transfer assets; pay dividends or make other payments in respect of their capital stock; amend certain material governance documents; change the nature of the business of the borrowers and their subsidiaries; redeem or repurchase capital stock or prepay, redeem or repurchase certain debt; engage in certain transactions with affiliates; change the borrowers’ fiscal periods; and enter into certain restrictive agreements. The ABL Revolver also contains certain customary affirmative covenants and events of default, including a change of control. | On November 30, 2010, we entered into an amendment to the credit agreement governing the ABL Revolver. The ABL Revolver has been amended to, among other things, (a) increase the amount of additional unsecured indebtedness that we may incur from $100 million to $300 million and provide certain conditions to any issuance of such indebtedness in excess of $100 million, (b) amend the covenants with respect to: making certain dividends, distributions, restricted payments and investments; extending, renewing and refinancing certain existing indebtedness; amending certain material documents; and issuing and disposing of certain equity interests, (c) reduce the pricing spread applicable to each type of loan by 150 basis points at each level of average aggregate availability and remove the floor formerly applicable to the LIBOR rate and the BA rate, (d) extend the maturity date from August 13, 2013 to November 30, 2015 (subject to early termination under certain limited circumstances), (e) allow for prepayments of certain outstanding indebtedness with the proceeds of an initial public offering (if Affinia Group Holdings Inc. undertakes an initial public offering) and permit the merger of Affinia Group Intermediate Holdings Inc. with and into Affinia Group Holdings Inc. upon satisfaction of certain preconditions to such merger and (f) modify certain other provisions thereof. | |||||||||||||||||||||||||||||
On May 22, 2012 and November 30, 2012, Affinia Group Inc. entered into amendments to the credit agreement governing the ABL Revolver. The ABL Revolver has been amended to, among other things, (a) amend the a revolving credit facility of up to $300 million for borrowings solely to the U.S. domestic borrowers and revolving credit facility of up to $15 million for Canadian Dollar denominated revolving loans solely to a Canadian borrower, (b) extend the maturity date from November 30, 2015 to May 22, 2017, (c) reduce the pricing spread applicable to each type of loan by 75 basis points at each level of average aggregate availability, (d) reduce the unused commitment fee on the undrawn portion of the credit facility, (e) amend the covenants with respect to: making certain other dispositions and investments; extending, renewing and refinancing certain existing indebtedness; and disposing of certain equity interest, (f) reduce the availability threshold amount and the fixed charge coverage ratio requirement, (g) reduce the dominion threshold and (h) modify certain other provisions thereof. | ||||||||||||||||||||||||||||||
In addition, commencing on the day that an event of default occurs or availability under the ABL Revolver is less than the greater of 10.0% of the total borrowing base and $15.0 million and continuing until no event of default has existed and availability under the ABL Revolver has been greater than such thresholds at all times, in each case, for 30 consecutive days, Parent will be required to maintain a fixed charge coverage ratio of at least 1.0x measured for the last 12-month period. As of November 8, 2013, the Company remained in compliance with all debt covenants. The fixed charge coverage ratio was 2.17x as of September 30, 2013. If none of the covenant triggers have occurred, the impact of falling below the fixed charge coverage ratio would not be a default but instead would limit our ability to pursue certain operational or financial transactions (e.g. acquisitions). | At December 31, 2012, we had nil outstanding under the ABL Revolver. During the year, we borrowed funds at a weighted average interest rate of approximately 2.4% under this facility. We had an additional $103 million of availability after giving effect to $11 million in outstanding letters of credit and $2 million for borrowing base reserves as of December 31, 2012. | |||||||||||||||||||||||||||||
Indenture | Mandatory Prepayments. If at any time the outstanding borrowings under the ABL Revolver (including outstanding letters of credit and swingline loans) exceed the lesser of (i) the borrowing base as in effect at such time and (ii) the aggregate revolving commitments as in effect at such time, we will be required to prepay an amount equal to such excess and/or cash collateralize outstanding letters of credit. | |||||||||||||||||||||||||||||
Senior Notes. On April 25, 2013, Affinia Group Inc. issued $250 million of Senior Notes as part of the refinancing. The Senior Notes accrue interest at the rate of 7.75% per annum, payable semi-annually on May 1 and November 1 of each year, commencing November 1, 2013. The Senior Notes will mature on May 1, 2021. The terms of the Indenture provide that, among other things, the Senior Notes rank equally in right of payment to all of the Company’s and all of Affinia Group, Inc.’s 100% owned current and future domestic subsidiaries (the “Guarantors”) existing and future senior debt and senior in right of payment to all of the Company’s and Guarantors’ existing and future subordinated debt. The Senior Notes are structurally subordinated to all of the liabilities and obligations of the Company’s subsidiaries that do not guarantee the Senior Notes. The Senior Notes are effectively junior in right of payment to all of the Company’s and the Guarantors’ secured indebtedness, including the Term Loans and the ABL Revolver, to the extent of the value of the collateral securing such indebtedness. The outstanding balance of the Senior Notes at September 30, 2013 was $250 million. | The maturity date of the ABL Revolver is May 22, 2017, subject to early termination if our senior subordinated notes which mature less than six months after such date are not refinanced, renewed or extended, or fully redeemed, fully cash defeased, paid in full or fully cash collateralized, prior to the date which is 91 days before the earlier of May 22, 2017 and the maturity date of the senior subordinated notes. | |||||||||||||||||||||||||||||
Guarantees. The Guarantors guarantee the Company’s obligations under the Notes on a senior unsecured basis. | Voluntary Prepayments. Subject to certain conditions, the ABL Revolver allows us to voluntarily reduce the amount of the revolving commitments and to prepay the loans without premium or penalty other than customary breakage costs for LIBOR rate contracts. | |||||||||||||||||||||||||||||
Interest Rate. Interest on the Notes accrues at a rate of 7.75% per annum. Interest on the Notes is payable in cash semiannually in arrears on May 1 and November 1 of each year, commencing on November 1, 2013. | Covenants. The ABL Revolver contains affirmative and negative covenants that, among other things, limit or restrict Intermediate Holdings’ and its subsidiaries ability to create liens and encumbrances; incur debt; merge, dissolve, liquidate or consolidate; make acquisitions and investments; dispose of or transfer assets; pay dividends or make other payments in respect of the borrowers’ capital stock; amend certain material documents; change the nature of the borrowers’ business; make certain payments of debt; engage in certain transactions with affiliates; change the borrowers’ fiscal periods; and enter into certain restrictive agreements, in each case, subject to certain qualifications and exceptions. | |||||||||||||||||||||||||||||
Other Covenants. The Indenture contains affirmative and negative covenants that, among other things, limit or restrict the Company’s ability (as well as those of the Company’s subsidiaries) to: incur additional debt; provide guarantees and issue mandatorily redeemable preferred stock; pay dividends on or make distributions in respect of capital stock or make certain other restricted payments or investments including the prepayment of certain indebtedness; enter into agreements that restrict distributions from restricted subsidiaries; sell or otherwise dispose of assets, including capital stock of restricted subsidiaries; enter into transactions with affiliates; create or incur liens; and merge, consolidate or sell substantially all of its assets. | In addition, commencing on the day that an event of default occurs or availability under the ABL Revolver is less than the greater of 10.0% of the total borrowing base and $20.0 million, Affinia Group Intermediate Holdings Inc. is required to maintain a fixed charge coverage ratio of at least 1.00x measured for the last 12-month period. | |||||||||||||||||||||||||||||
Events of Default. The Indenture provides for customary events of default (subject in certain cases to customary grace and cure periods), which include nonpayment, breach of covenants in the Indenture, payment defaults or acceleration of other indebtedness, failure to pay certain judgments and certain events of bankruptcy and insolvency. Generally, if an event of default occurs, the Trustee or holders of at least 25% in principal amount of the then outstanding Notes may declare the principal, premium, if any, interest and other monetary obligations on all the Notes to be due and payable immediately. | ||||||||||||||||||||||||||||||
Term Loan Facility | Interest Rates and Fees. Outstanding borrowings under the U.S. Facility accrue interest at an annual rate of interest equal to (i) a base rate plus the applicable spread or (ii) a LIBOR rate plus the applicable spread. Outstanding borrowings under the Canadian Facility accrue interest at an annual rate of interest equal to (i) the Canadian prime rate plus the applicable spread or (ii) the BA rate (the average discount rate of bankers’ acceptances as quoted on the Reuters Screen CDOR page) plus the applicable spread. We pay a commission on letters of credit issued under the U.S. Facility at a rate equal to the applicable spread for loans based upon the LIBOR rate. The ABL Revolver, as amended on May 22, 2012, revises the applicable spread, as set forth below, for purposes of calculating the annual rate of interest applicable to outstanding borrowings under the U.S. Facility and the Canadian Facility. | |||||||||||||||||||||||||||||
On April 25, 2013, the Company entered into (i) a Term Loan B-1 in an aggregate principal amount of $200 million and (ii) a Term Loan B-2 in an aggregate principal amount of $470 million. The Term Loan B-1 was offered at a price of 99.75%, of their face value, resulting in approximately $199 million of net proceeds for the Term Loan B-1. The Term Loan B-2 was offered at a price of 99.50%, of their face value, resulting in approximately $468 million of net proceeds for the Term Loan B-2. The $1 million and $2 million original issue discount for the Term Loan B-1 and Term Loan B-2, respectively, will be amortized based on the effective interest rate method and included in interest expense until the Term Loans mature. The Term Loan B-1 amortizes in quarterly installments in an amount equal to 1.00% per annum, with the balance due on April 25, 2016. The Term Loan B-2 amortizes in quarterly installments in an amount equal to 1.00% per annum, with the balance due on April 25, 2020. As of September 30, 2013, $199 million principal amount of Term Loan B-1 was outstanding, net of a $1 million issue discount which is being amortized until the Term Loan B-1 matures and $467 million principal amount of Term Loan B-2 was outstanding, net of a $2 million issue discount which is being amortized until the Term Loan B-2 matures. | ||||||||||||||||||||||||||||||
Guarantees and collateral. The indebtedness, obligations and liabilities under the Term Loan Facility are unconditionally guaranteed jointly and severally on a senior secured basis by Parent and certain of its current and future U.S. subsidiaries, and are secured, subject to permitted liens and other exceptions and exclusions, by a first-priority lien on substantially all tangible and intangible assets of the borrower and each guarantor (including (i) a perfected pledge of all of the capital stock of the borrower and each direct, wholly-owned material subsidiary held by the borrower or any guarantor (subject to certain limitations with respect to foreign subsidiaries) and (ii) perfected security interests in, and mortgages on, equipment, general intangibles, investment property, intellectual property, material fee-owned real property, intercompany notes and proceeds of the foregoing) except for certain excluded assets and the collateral securing the ABL Revolver on a first priority basis, and a second-priority lien on the collateral securing the ABL Revolver on a first-priority basis. | ||||||||||||||||||||||||||||||
Mandatory prepayments. The Term Loan Facility requires the following amounts to be applied to prepay the Term Loans, subject to certain thresholds, exceptions and reinvestment rights: 100% of the net proceeds from the incurrence of indebtedness (other than permitted indebtedness), 100% of the net proceeds of certain asset sales (including insurance or condemnation proceeds), other than the collateral securing the ABL Revolver on a first-priority basis, and 50% of excess cash flow with stepdowns to 25% and 0% based on certain leverage targets. | Level | Average Aggregate | Base Rate | LIBOR Loans | ||||||||||||||||||||||||||
Mandatory prepayments will be allocated ratably between Term Loan B-1 and Term Loan B-2 and, within each, will be applied to reduce remaining amortization payments in the direct order of maturity for the immediately succeeding eight quarters and, thereafter, pro rata. | Availability | Loans and | and Canadian | |||||||||||||||||||||||||||
Voluntary Prepayments. The Company may voluntarily prepay outstanding Term Loans in whole or in part at any time without premium or penalty (other than a 1.00% premium payable until, in the case of the Term Loan B-1, six months following April 25, 2013 and, in the case of the Term Loan B-2, one year following April 25, 2013, on (i) the amount of loans prepaid or refinanced with proceeds of long-term bank debt financing or any other financing similar to such borrowings having a lower effective yield or (ii) the amount of loans the terms of which are amended to the same effect), subject to payment of customary breakage costs in the case of LIBOR rate loans. Optional prepayments of the Term Loans will be applied to the remaining installments thereof at the direction of the Company. | Canadian | BA Rate | ||||||||||||||||||||||||||||
Interest Rates. Outstanding borrowings under the Term Loan Facility accrue interest at an annual rate of interest equal to (i) a base rate plus the applicable spread or (ii) a LIBOR rate plus the applicable spread. The applicable margin for borrowings under the Term Loan B-1 is 1.75% with respect to base rate borrowings and 2.75% with respect to LIBOR rate borrowings, and the applicable margin for borrowing under the Term Loan B-2 is 2.50% with respect to base rate borrowings and 3.50% with respect to LIBOR rate borrowings. The LIBOR rate is subject to a floor of 0.75% per annum with respect to Term Loan B-1 and 1.25% per annum with respect to Term Loan B-2. Overdue principal with respect to the Term Loans will bear interest at a rate 2.00% in excess of the otherwise applicable rate of interest and other overdue amounts with respect to the Term Loans will bear interest at a rate 2.00% in excess of the rate applicable to base rate borrowings. | Prime Rate | Loans | ||||||||||||||||||||||||||||
Covenants. The Term Loan Facility contains negative covenants that, among other things, limit or restrict the ability of the Company and its subsidiaries to create liens and encumbrances; incur additional indebtedness; merge, dissolve, liquidate or consolidate; make acquisitions, investments, advances or loans; dispose of or transfer assets; pay dividends or make other payments in respect of their capital stock; amend certain material governance documents; change the nature of the business of the borrower and its subsidiaries; redeem or repurchase capital stock or prepay, redeem or repurchase certain debt; engage in certain transactions with affiliates; change the borrower’s fiscal periods; and enter into certain restrictive agreements. The Term Loan Facility also contains certain customary affirmative covenants and events of default, including a change of control. | Loans | |||||||||||||||||||||||||||||
During the second quarter of 2013, we recorded a write-off of $5 million to interest expense for unamortized deferred financing costs associated with the redemption of our Secured Notes and Subordinated Notes. We also recorded during the second quarter of 2013 a write-off of $3 million to interest expense for the replacement of our Old ABL Revolver with a new ABL Revolver. In addition, we recorded $14 million in total deferred financing costs related to the issuance of our Senior Notes and Term Loans as part of the refinancing and $1 million in total deferred financing costs associated with the ABL Revolver. The unamortized deferred financing costs will be charged to interest expense over the next eight years for the Senior Notes, seven years for Term Loan B-2, five years for ABL Revolver and three years for Term Loan B-1. | I | £ | $105,000,000 | 1 | % | 2 | % | |||||||||||||||||||||||
During the second quarter of 2012, we recorded a write-off of less than $1 million to interest expense for unamortized deferred financing costs associated with the redemption of $22.5 million of the Secured Notes. Additionally, we recorded $1 million in total deferred financing costs related to our Old ABL Revolver. | II | > | $105,000,000 | but | 0.75 | % | 1.75 | % | ||||||||||||||||||||||
The following table summarizes the deferred financing activity from December 31, 2012 to September 30, 2013: | £ | $210,000,000 | ||||||||||||||||||||||||||||
III | > | $210,000,000 | 0.5 | % | 1.5 | % | ||||||||||||||||||||||||
We pay certain fees with respect to the ABL Revolver, including (i) an unused commitment fee on the undrawn portion of the credit facility of 0.25% per annum in the event that more than 50% of the commitments (excluding swingline loans) under the credit facility are utilized, 0.375% per annum in the event that more than 25% but less than or equal to 50% of the commitments (excluding swingline loans) under the credit facility are utilized, and 0.50% per annum in the event that less than or equal to 25% of the commitments (excluding swingline loans) under the credit facility are utilized and (ii) customary annual administration fees and fronting fees in respect of letters of credit equal to 0.125% per annum on the stated amount of each letter of credit outstanding during each month. During an event of default, the fee payable under clause (i) shall be increased by 2% per annum. | ||||||||||||||||||||||||||||||
(Dollars in millions) | Cash Dominion. If availability under the ABL Revolver is less than the greater of 12.5% of the total borrowing base and $22.5 million, or if there exists an event of default, amounts in Affinia Group Intermediate Holdings Inc.’s deposit accounts and the deposit accounts of the subsidiary guarantors (other than certain excluded accounts) will be transferred daily into a blocked account held by the administrative agent and applied to reduce the outstanding amounts under the ABL Revolver. | |||||||||||||||||||||||||||||
Balance at December 31, 2012 | $ | 15 | Senior Notes | |||||||||||||||||||||||||||
Amortization | (3 | ) | Secured Notes. On August 13, 2009, Affinia Group Inc. issued $225 million of Secured Notes as part of the refinancing. The Secured Notes were offered at a price of 98.799% of their face value, resulting in approximately $222 million of net proceeds. The approximately $3 million discount will be amortized based on the effective interest rate method and included in interest expense until the Secured Notes mature. Subject to Affinia Group Inc.’s compliance with the covenants described in the indenture securing the Secured Notes, Affinia Group Inc. is permitted to issue more Secured Notes from time to time under the Indenture. The Secured Notes and the additional notes, if any, will be treated as a single class for all purposes of the indenture governing the Secured Notes, including waivers, amendments, redemptions and offers to purchase. The Secured Notes mature in 2016 and accrue interest at rate of 10.75% per annum payable semiannually. The Secured Notes are senior obligations of Affinia Group Inc. | |||||||||||||||||||||||||||
Write-off of unamortized deferred financing costs | (8 | ) | On December 31, 2010, Affinia Group Inc. redeemed $22.5 million aggregate principal amount of its Secured Notes, pursuant to their terms at a redemption price equal to 103% of the principal amount of such notes being redeemed, plus accrued and unpaid interest to the redemption date. | |||||||||||||||||||||||||||
Deferred financing costs | 15 | |||||||||||||||||||||||||||||
On June 25, 2012, Affinia Group Inc. redeemed $22.5 million aggregate principal amount of the Secured Notes pursuant to their terms at a redemption price equal to 103% of the principal amount of such notes being redeemed, plus accrued and unpaid interest to the redemption date. The Secured Notes outstanding balance net of the discount was $179 million as of December 31, 2012. | ||||||||||||||||||||||||||||||
Balance at September 30, 2013 | $ | 19 | Subordinated Notes. On November 30, 2004, Affinia Group Inc. issued $300 million of Subordinated Notes. The Subordinated Notes and the additional notes, if any, will be treated as a single class for all purposes of the indenture governing the Subordinated Notes, including waivers, amendments, redemptions and offers to purchase. The Subordinated Notes mature in 2014 and accrue interest at rate of 9% per annum payable semiannually. The Subordinated Notes are senior obligations of Affinia Group Inc. | |||||||||||||||||||||||||||
In June of 2009, Affinia Group Holdings Inc. purchased in the open market approximately $33 million in principal amount of the Subordinated Notes and thereafter contributed such notes to Affinia Group Intermediate Holdings Inc., which contributed such notes to Affinia Group Inc. Affinia Group Inc. promptly surrendered such purchased notes for cancellation, which resulted in a pre-tax gain on the extinguishment of debt of $8 million in 2009. | ||||||||||||||||||||||||||||||
On December 9, 2010, Affinia Group Inc. completed an offering of $100 million of the Subordinated Notes. The outstanding balance of the Subordinated Notes at December 31, 2012 was $367 million. Subject to Affinia Group Inc.’s compliance with the covenants described in the indenture securing the Subordinated Notes, Affinia Group Inc. is permitted to issue more Subordinated Notes from time to time under the indenture. | ||||||||||||||||||||||||||||||
Indenture Provisions. The indentures governing the Secured Notes and the Subordinated Notes limit Affinia Group Inc.’s (and its restricted subsidiaries’) ability to incur and guarantee additional indebtedness, issue disqualified stock or issue certain preferred stock; pay dividends on, make other distributions on, redeem or repurchase our capital stock or make certain other restricted payments; create certain liens or encumbrances; issue capital stock; make certain investments or acquisitions; make capital expenditures; pay dividends, make distributions or make other payments from its subsidiaries; changes their lines of business; enter into certain types of transactions with affiliates; use assets as security in other transactions; sell certain assets or merge with or into other companies and designate subsidiaries as unrestricted subsidiaries. Subject to certain exceptions, Affinia Group Inc. and its restricted subsidiaries are permitted to incur additional indebtedness, including secured indebtedness, under the terms of the indentures governing the Secured Notes and the Subordinated Notes. | ||||||||||||||||||||||||||||||
During 2010, we recorded a write-off of $1 million to interest expense for unamortized deferred financing costs associated with the redemption of $22.5 million of the Secured Notes. Additionally, we recorded $5 million in total deferred financing costs related to the amendment to ABL Revolver and the issuance of additional $100 million in Senior Subordinated Notes. During the second quarter of 2012, we recorded a write-off of less than $1 million to interest expense for unamortized deferred financing costs associated with the redemption of $22.5 million of the Secured Notes. Additionally, we recorded $1 million in total deferred financing costs related to the amendment of our ABL Revolver. | ||||||||||||||||||||||||||||||
The unamortized deferred financing will be charged to interest expense over the next five years for the ABL Revolver, four years for the Secured Notes and two years for the Subordinated Notes. | ||||||||||||||||||||||||||||||
The following table summarizes the deferred financing activity from December 31, 2010 to December 31, 2012: | ||||||||||||||||||||||||||||||
(Dollars in millions) | ||||||||||||||||||||||||||||||
As of December 31, 2010 | $ | 23 | ||||||||||||||||||||||||||||
Amortization | (5 | ) | ||||||||||||||||||||||||||||
Deferred financing costs | — | |||||||||||||||||||||||||||||
Balance at December 31, 2011 | $ | 18 | ||||||||||||||||||||||||||||
Amortization | (4 | ) | ||||||||||||||||||||||||||||
Write-off of unamortized deferred financing costs | — | |||||||||||||||||||||||||||||
Deferred financing costs | 1 | |||||||||||||||||||||||||||||
Balance at December 31, 2012 | $ | 15 | ||||||||||||||||||||||||||||
Accounts_Receivable_Factoring
Accounts Receivable Factoring | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Text Block [Abstract] | ' | ' |
Accounts Receivable Factoring | ' | ' |
Note 15. Accounts Receivable Factoring | Note 9. Accounts Receivable Factoring | |
We have agreements with third party financial institutions to factor certain receivables on a non-recourse basis. The terms of the factoring arrangements provide for the factoring of certain U.S. and Canadian Dollar denominated receivables, which are purchased at the face value amount of the receivable discounted at the applicable rate of LIBOR plus a spread on the purchase date. The amount factored is not contractually defined by the factoring arrangements and our use will vary each month based on the amount of underlying receivables and the cash flow needs of the Company. | We have agreements with third party financial institutions to factor certain receivables on a non-recourse basis. The terms of the factoring arrangements provide for the factoring of certain U.S. Dollar-denominated or Canadian Dollar-denominated receivables, which are purchased at the face value amount of the receivable discounted at the annual rate of LIBOR plus a spread on the purchase date. The amount factored is not contractually defined by the factoring arrangements and our use will vary each month based on the amount of underlying receivables and the cash flow needs of the Company. During 2011, the total accounts receivable factored was $408 million and the cost incurred on factoring was $4 million, which includes our Brake North America and Asia group. During 2012, the total accounts receivable factored was $668 million and the cost incurred on factoring was $5 million, which includes our Brake North America and Asia group. Accounts receivable factored by us are accounted for as a sale and removed from the balance sheet at the time of factoring and the cost of the factoring is presented in either other income or discontinued operations if it relates to our Brake North America and Asia group. | |
During the first nine months of 2012, the total accounts receivable factored was $505 million and the cost incurred on factoring was $4 million, which includes our Brake North America and Asia group. During the first nine months of 2013, the total accounts receivable factored was $402 million and the cost incurred on factoring was $3 million. Accounts receivable factored by us are accounted for as a sale and removed from the balance sheet at the time of factoring and the cost of the factoring is presented in either other income (loss) or discontinued operations if it relates to our Brake North America and Asia group. |
Stock_Incentive_Plan
Stock Incentive Plan | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ' | ||||||||||||||||||||
Stock Incentive Plan | ' | ' | ||||||||||||||||||||
Note 14. Stock Incentive Plan | Note 10. Stock Incentive Plan | |||||||||||||||||||||
On July 20, 2005, Affinia Group Holdings Inc. adopted the Affinia Group Holdings Inc. 2005 Stock Incentive Plan, which we refer to as our 2005 Stock Plan. The 2005 Stock Plan permits the grant of non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock and other stock-based awards to employees, directors or consultants of Affinia Group Holdings Inc. and its affiliates. A maximum of 350,000 shares of Affinia Group Holdings Inc. common stock may be subject to awards under the 2005 Stock Plan. The number of shares issued or reserved pursuant to the 2005 Stock Plan (or pursuant to outstanding awards) is subject to adjustment on account of mergers, consolidations, reorganizations, stock splits, stock dividends and other dilutive changes in the common stock. Shares of common stock covered by awards that terminate or lapse and shares delivered by a participant or withheld to pay the minimum statutory withholding rate, in each case, will again be available for grant under the 2005 Stock Plan. | ||||||||||||||||||||||
On July 20, 2005, Affinia Group Holdings Inc. adopted the Affinia Group Holdings Inc. 2005 Stock Incentive Plan, which we refer to as our 2005 Stock Plan. The 2005 Stock Plan permits the grant of non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock and other stock-based awards to employees, directors or consultants of Affinia Group Holdings Inc. and its affiliates. A maximum of 350,000 shares of Affinia Group Holdings Inc. common stock may be subject to awards under the 2005 Stock Plan. | Administration. The 2005 Stock Plan is administered by the compensation committee of Affinia Group Holdings Inc.’s Board of Directors. The committee has full power and authority to make, and establish the terms and conditions of any award, and to waive any such terms and conditions at any time (including, without limitation, accelerating or waiving any vesting conditions or payment dates). The committee is authorized to interpret the plan, to establish, amend and rescind any rules and regulations relating to the plan and to make any other determinations that it, in good faith, deems necessary or desirable for the administration of the plan and may delegate such authority as it deems appropriate. The committee may correct any defect or supply an omission or reconcile any inconsistency in the plan in the manner and to the extent the committee deems necessary or desirable and any decision of the committee in the interpretation and administration of the plan shall lie within its sole and absolute good faith discretion and shall be final, conclusive and binding on all parties concerned. | |||||||||||||||||||||
A table of the 2005 Stock Plan balances for the restricted stock units, stock options, deferred compensation shares and stock awards is summarized below. | Options. The committee determines the option price for each option; however, the stock options must have an exercise price that is at least equal to the fair market value of the common stock on the date the option is granted. An option holder may exercise an option by written notice and payment of the option price (i) in cash or its equivalent, (ii) by the surrender of a number of shares of common stock already owned by the option holder for at least six months (or such other period established by the committee) with a fair market value equal to the exercise price, (iii) if there is a public market for the shares, subject to rules established by the committee, through the delivery of irrevocable instructions to a broker to sell shares obtained upon the exercise of the option and to deliver to Affinia Group Holdings Inc. an amount out of the proceeds of the sale equal to the aggregate option price for the shares being purchased or (iv) by another method approved by the committee. | |||||||||||||||||||||
Stock Appreciation Rights. The committee may grant stock appreciation rights independent of or in connection with an option. The exercise price per share of a stock appreciation right shall be an amount determined by the committee. Generally, each stock appreciation right shall entitle a participant upon exercise to an amount equal to (i) the excess of (1) the fair market value on the exercise date of one share of common stock over (2) the exercise price, multiplied by (ii) the number of shares of common stock covered by the stock appreciation right. Payment shall be made in common stock or in cash, or partly in common stock and partly in cash, all as shall be determined by the committee. | ||||||||||||||||||||||
Other Stock-Based Awards. The committee may grant awards of restricted stock units, rights to purchase stock, restricted stock and other awards that are valued in whole or in part by reference to, or are otherwise based on the fair market value of, shares of common stock. The other stock-based awards will be subject to the terms and conditions established by the committee. | ||||||||||||||||||||||
Transferability. Unless otherwise determined by the committee, awards granted under the 2005 Stock Plan are not transferable other than by will or by the laws of descent and distribution. | ||||||||||||||||||||||
Change of Control. In the event of a change of control (as defined in the 2005 Stock Plan), the committee may provide for (i) the termination of an award upon the consummation of the change of control, but only if the award has vested and been paid out or the participant has been permitted to exercise an option in full for a period of not less than 30 days prior to the change of control, (ii) the acceleration of all or any portion of an award, (iii) payment in exchange for the cancellation of an award and/or (iv) the issuance of substitute awards that would substantially preserve the terms of any awards. | ||||||||||||||||||||||
December 31, | September 30, | Amendment and Termination. Affinia Group Holdings Inc.’s Board of Directors may amend, alter or discontinue the 2005 Stock Plan in any respect at any time, but no amendment may diminish any of the rights of a participant under any awards previously granted, without his or her consent. | ||||||||||||||||||||
2012 | 2013 | Management Stockholders Agreement. All shares issued under the plan will be subject to a management stockholders agreement or a director stockholders agreement, as applicable. | ||||||||||||||||||||
Restricted stock units | 242,000 | 261,559 | Restrictive Covenant Agreement. Unless otherwise determined by Affinia Group Holdings Inc.’s Board of Directors, all award recipients will be obligated to sign the standard Confidentiality, Non-Competition and Proprietary Information Agreement which includes restrictive covenants regarding confidentiality, proprietary information and a one year period restricting competition and solicitation of our clients, customers or employees. In the event a participant breaches these restrictive covenants, any exercise of, or payment or delivery pursuant to, an award may be rescinded by the committee in its discretion in which event the participant may be required to pay to us the amount of any gain realized in connection with, or as a result of, the rescinded exercise, payment or delivery. | |||||||||||||||||||
Stock options | 26,835 | 26,355 | Amendment. On November 14, 2006, the Compensation Committee of Affinia Group Holdings Inc. revised the vesting terms applicable to options previously awarded by the Committee to its named executive officers, as well as all other employees, under the Plan. One-half of these options vest in equal portions at the end of each year beginning with the year of the grant and ending December 31, 2009 (the “Vesting Period”), 40% are eligible for vesting in equal portions upon the Company’s achievement of certain specified annual EBITDA performance targets over the Vesting Period and 10% are eligible for vesting in equal portions upon the Company’s achievement of certain net working capital performance targets over the Vesting Period. The Committee has not modified the time-vesting options or the working capital performance options. The Committee elected to modify the vesting terms for the EBITDA performance options so that these options were eligible for vesting in equal portions at the end of each of the years 2007, 2008, and 2009. The Committee also modified the performance targets for those years. The fair value of the modified award was slightly higher than the grant date fair value. | |||||||||||||||||||
Deferred compensation shares | 30,235 | 37,744 | 2005 Stock Plan | |||||||||||||||||||
Stock award | 163 | 163 | On July 20, 2005, Affinia Group Holdings Inc. adopted the 2005 Stock Plan with a maximum of 227,000 shares of common stock subject to awards. On August 25, 2010, Affinia Group Holdings Inc. increased the number of shares of common stock subject to awards from 227,000 to 300,000, and Affinia Group Holdings Inc. commenced an offer to certain eligible holders of stock options to exchange their existing options to purchase shares of Affinia Group Holdings Inc.’s common stock for RSUs with new vesting terms (the “Option Exchange”). The RSUs granted in connection with the Option Exchange are governed by the 2005 Stock Plan and the new Restricted Stock Unit Award Agreement. On December 2, 2010, Affinia Group Holdings Inc. increased the number of shares of common stock subject to awards from 300,000 to 350,000. | |||||||||||||||||||
Shares available | 50,767 | 24,179 | A table of the 2005 Stock Plan balances for the restricted stock units, stock options, deferred compensation shares and stock awards is summarized below. | |||||||||||||||||||
Number of shares of common stock subject to awards | 350,000 | 350,000 | ||||||||||||||||||||
At December 31, | ||||||||||||||||||||||
Stock Options | 2011 | 2012 | ||||||||||||||||||||
Restricted stock units | 242,000 | 242,000 | ||||||||||||||||||||
As of September 30, 2013, 26,355 stock options had been awarded, which included exercised options of 3,000, vested options of 22,855 and 500 unvested options. Pursuant to the terms of the 2005 Stock Plan, each option expires on August 1, 2015. The Board of Directors approved an equitable adjustment to the exercise price from $100 per option to $62.87 per option in recognition of the impact on the value of the options from the cash distribution to Holdings’ stockholders made as part of the refinancing. | Stock options | 28,680 | 26,835 | |||||||||||||||||||
Deferred compensation shares | 30,819 | 30,235 | ||||||||||||||||||||
The fair value of the stock option grants is amortized to expense over the vesting period. The Company reduces the overall compensation expense by a turnover rate consistent with historical trends. Stock-based compensation expense, which was recorded in selling, general and administrative expenses, and tax related income tax benefits were nil for each of the nine month periods ending September 30, 2012 and 2013, respectively. | Stock award | 163 | 163 | |||||||||||||||||||
Shares available | 48,338 | 50,767 | ||||||||||||||||||||
Number of shares of common stock subject to awards | 350,000 | 350,000 | ||||||||||||||||||||
Options | Stock Options | |||||||||||||||||||||
Outstanding at December 31, 2012 | 23,835 | As of December 31, 2012, 23,835 stock options had been awarded, which included vested options of 23,335 and 500 unvested options. Pursuant to the terms of the 2005 Stock Plan, each option expires August 1, 2015. The exercise price is $100 per option. | ||||||||||||||||||||
Forfeited/expired | (480 | ) | We account for our employee stock options under the fair value method of accounting using a Black-Scholes model to measure stock-based compensation expense at the date of grant. Dividend yields were not a factor because there were no cash dividends declared during 2010, 2011, and 2012. Our weighted-average Black-Scholes fair value assumptions include: | |||||||||||||||||||
Outstanding at September 30, 2013 | 23,355 | |||||||||||||||||||||
2010 | 2011 | 2012 | ||||||||||||||||||||
Weighted-average effective term | 5.2 years | 5.1 years | 5.1 years | |||||||||||||||||||
Weighted-average risk free interest rate | 4.38 | % | 4.34 | % | 4.34 | % | ||||||||||||||||
Restricted Stock Units | Weighted-average expected volatility | 40.4 | % | 39.9 | % | 39.9 | % | |||||||||||||||
Weighted-average fair value of options (Dollars in millions) | $ | 1 | $ | 1 | $ | 1 | ||||||||||||||||
The RSUs are governed by the 2005 Stock Plan and a Restricted Stock Unit Award Agreement. | ||||||||||||||||||||||
The fair value of the stock option grants is amortized to expense over the vesting period. The Company reduces the overall compensation expense by a turnover rate consistent with historical trends. Stock-based compensation expense, which was recorded in selling, general and administrative expenses, and tax related income tax benefits were less than $1 million for 2010 and nil for 2011 and 2012. | ||||||||||||||||||||||
The RSUs are subject to performance-based and market-based vesting restrictions, which differ from the performance and time-based vesting restrictions applicable to the exchanged stock options. The RSUs will vest if (i) the RSU holder remains employed with Affinia Group Holdings Inc. on the date that either of the following vesting conditions occurs and (ii) either of the following vesting conditions occurs on or prior to the date on which Cypress ceases to hold any remaining Affinia Group Holdings Inc. common stock: | ||||||||||||||||||||||
Options | ||||||||||||||||||||||
Outstanding at January 1, 2010 | 175,638 | |||||||||||||||||||||
• | Cypress Scenario—Cypress has received aggregate transaction proceeds in cash or marketable securities (not subject to escrow, lock-up, trading restrictions or claw-back) with respect to the disposition of more than 50% of its common equity interests in Affinia Group Holdings Inc. at a predetermined per share equivalent value; or | Granted | 2,000 | |||||||||||||||||||
Exercised | (1,000 | ) | ||||||||||||||||||||
Exchanged | (61,868 | ) | ||||||||||||||||||||
• | IPO Scenario—Affinia Group Holdings Inc.’s common stock trades on a public stock exchange at a predetermined average closing price over a 60 consecutive trading day period. | Forfeited/expired | (80,708 | ) | ||||||||||||||||||
As of September 30, 2013, 261,559 RSUs had been awarded and remained outstanding, none of which have vested. In connection with the distribution of our Brake North America and Asia group to the shareholders of Holdings, our Board of Directors determined that the distribution would constitute a “Qualifying Termination” under each of the RSU Agreements for the 62,000 RSUs granted to employees of the Brake North America and Asia group. We estimate the fair value of market-based RSUs using a Monte Carlo simulation model on the date of grant. In the event that either of the performance-based conditions (Cypress Scenario or IPO Scenario) are met, the fair value of the RSUs will be recognized in stock-based compensation expense either 1) pro rata over the requisite service term including a cumulative catch-up related to service provided through the date the performance condition is met or 2) in full once the respective market-based condition is met or 3) in full if the requisite service period has already passed when the performance condition is met. Stock-based compensation expense, which would be recorded in selling, general and administrative expenses, and tax related income tax benefits was not recorded for the first nine months of 2013 as neither of the performance conditions have been met. If the RSUs do not vest prior to ten years from the date of grant then the RSUs will expire. If the performance condition is met on the outstanding RSUs we will record expense at that point in time. | ||||||||||||||||||||||
Outstanding at December 31, 2010 | 34,062 | |||||||||||||||||||||
Granted | 1,550 | |||||||||||||||||||||
Exercised | (2,000 | ) | ||||||||||||||||||||
Exchanged | (825 | ) | ||||||||||||||||||||
RSUs | Forfeited/expired | (4,107 | ) | |||||||||||||||||||
Outstanding at December 31, 2012 | 242,000 | |||||||||||||||||||||
Granted | 55,170 | Outstanding at December 31, 2011 | 28,680 | |||||||||||||||||||
Forfeited/expired | (35,611 | ) | Forfeited/expired | (4,845 | ) | |||||||||||||||||
Outstanding at September 30, 2013 | 261,559 | Outstanding at December 31, 2012 | 23,835 | |||||||||||||||||||
Deferred Compensation Plan | Option Exchange | |||||||||||||||||||||
Affinia Group Holdings Inc. completed an offer to certain eligible holders of stock options to exchange their existing options to purchase shares of Affinia Group Holdings Inc.’s common stock for restricted stock units (“RSUs”) with new vesting terms (the “Option Exchange”). The Option Exchange election period commenced on August 25, 2010 and expired on September 24, 2010. The completion of the Option Exchange for the RSUs occurred on October 18, 2010 and 100% of the eligible option holders elected to participate. A total of 24 eligible employees and directors participated in the Option Exchange. In addition, three eligible employees and directors who did not have vested options received RSUs. Affinia Group Holdings Inc. accepted for exchange options to purchase a total of 61,868 shares of Affinia Group Holdings Inc.’s common stock. All surrendered options were cancelled in exchange for RSUs. The options had been fully expensed by the exchange date. The total RSUs issued on October 18, 2010 covered 235,000 shares of Affinia Group Holdings Inc.’s common stock. | ||||||||||||||||||||||
We started a deferred compensation plan in 2008 that permits executives to defer receipt of all or a portion of the amounts payable under our non-equity incentive compensation plan. All amounts deferred are treated solely for purposes of the plan to have been notionally invested in the common stock of Affinia Group Holdings Inc. As such, the accounts under the plan will reflect investment gains and losses associated with an investment in the Affinia Group Holdings Inc.’s common stock. We match 25% of the deferral with an additional notional investment in common stock of Affinia Group Holdings Inc., which is subject to vesting as provided in the plan. During the third quarter of 2013, we awarded additional 3,422 vested shares and 809 unvested shares to make our participants whole after the cash distribution to Holdings’ stockholders impacted the value of their shares. As of September 30, 2013, 37,744 shares had been awarded, which included 19,227 shares issued to executives, 14,814 vested notional shares not issued and 3,703 unvested notional shares. Deferred compensation expense, which was recorded in selling, general and administrative expenses, and tax related income tax benefits were less than $1 million and $1 million for the first nine months of 2012 and 2013, respectively. The deferred compensation plan will not be offered in 2013. | On December 23, 2011, Affinia Group Holdings Inc. completed another Option Exchange. The Option Exchange election period commenced on December 1, 2011 and expired on December 23, 2011. The completion of the Option Exchange for the RSUs occurred on December 23, 2011 with 100% of the two eligible option holders elected to participate. Affinia Group Holdings Inc. accepted for exchange options to purchase a total of 825 shares of Affinia Group Holdings Inc.’s common stock. All surrendered options were cancelled in exchange for RSUs. The options had been fully expensed by the exchange date. The total RSUs issued on December 23, 2011 covered 4,000 shares of Affinia Group Holdings Inc.’s common stock. | |||||||||||||||||||||
Restricted Stock Units | ||||||||||||||||||||||
The RSUs granted in connection with the Option Exchanges are governed by the 2005 Stock Plan and a new Restricted Stock Unit Award Agreement. | ||||||||||||||||||||||
The RSUs are subject to performance-based and market-based vesting restrictions, which differ from the performance and time-based vesting restrictions applicable to the exchanged stock options. The RSUs will vest if (i) the RSU holder remains employed with Affinia Group Holdings Inc. on the date that either of the following vesting conditions occurs and (ii) either of the following vesting conditions occurs on or prior to the date on which Cypress ceases to hold any remaining Affinia Group Holdings Inc. common stock: | ||||||||||||||||||||||
• | Cypress Scenario—Cypress has received aggregate transaction proceeds in cash or marketable securities (not subject to escrow, lock-up, trading restrictions or claw-back) with respect to the disposition of more than 50% of its common equity interests in Affinia Group Holdings Inc. in an amount that represents a per-share equivalent value that is greater than or equal to two times the average per share price paid by Cypress for its aggregate common equity investment in Affinia Group Holdings Inc.; or | |||||||||||||||||||||
• | IPO Scenario—Affinia Group Holdings Inc.’s common stock trades on a public stock exchange at an average closing price of $225 (as adjusted for stock splits) over a 60 consecutive trading day period. | |||||||||||||||||||||
As of December 31, 2012, 242,000 RSUs had been awarded and remained outstanding, none of which have vested. In connection with the distribution of our Brake North America and Asia group to the shareholders of Holdings, our Board of Directors determined that the distribution would constitute a “Qualifying Termination” under each of the RSU Agreements for the 62,000 RSUs granted to employees of the Brake North America and Asia group. | ||||||||||||||||||||||
We estimate the fair value of market-based RSUs using a Monte Carlo simulation model on the date of grant. Our weighted-average Monte Carlo fair value assumptions include: | ||||||||||||||||||||||
Cypress Scenario | IPO Scenario | |||||||||||||||||||||
Effective term | 0.6 years | 1.4 years | ||||||||||||||||||||
Expected volatility | 70 | % | 70 | % | ||||||||||||||||||
Fair value of an RSU | $ | 107.92 | $ | 124.41 | ||||||||||||||||||
Expected expense (Dollars in millions) | $ | 19 | $ | 22 | ||||||||||||||||||
In the event that either of the performance-based conditions (Cypress Scenario or IPO Scenario) are met, the fair value of the RSUs will be recognized in stock-based compensation expense either 1) pro rata over the requisite service term including a cumulative catch-up related to service provided through the date the performance condition is met or 2) in full once the respective market-based condition is met or 3) in full if the requisite service period has already passed when the performance condition is met. Stock-based compensation expense, which would be recorded in selling, general and administrative expenses, and tax related income tax benefits was not recorded for 2012 as neither of the performance conditions have been met. If the RSUs do not vest prior to ten years from the date of grant then the RSUs will expire. If the performance condition is met on the 242,000 RSUs the amount of expense we would have to record is $19 million under the Cypress scenario or $22 million under the IPO scenario and BPI would record expense related to the RSUs granted to its employees. | ||||||||||||||||||||||
RSUs | ||||||||||||||||||||||
Outstanding at January 1, 2010 | — | |||||||||||||||||||||
Issued per Option Exchange | 235,000 | |||||||||||||||||||||
Granted | 4,000 | |||||||||||||||||||||
Forfeited/expired | — | |||||||||||||||||||||
Outstanding at December 31, 2010 | 239,000 | |||||||||||||||||||||
Issued per Option Exchange | 4,000 | |||||||||||||||||||||
Granted | 3,000 | |||||||||||||||||||||
Forfeited/expired | (4,000 | ) | ||||||||||||||||||||
Outstanding at December 31, 2011 | 242,000 | |||||||||||||||||||||
Granted | — | |||||||||||||||||||||
Forfeited/expired | — | |||||||||||||||||||||
Outstanding at December 31, 2012 | 242,000 | |||||||||||||||||||||
Deferred Compensation Plan | ||||||||||||||||||||||
We started a deferred compensation plan in 2008 that permits executives to defer receipt of all or a portion of the amounts payable under our non-equity incentive compensation plan. All amounts deferred are treated solely for purposes of the plan to have been notionally invested in the common stock of Affinia Group Holdings Inc. As such, the accounts under the plan will reflect investment gains and losses associated with an investment in the Affinia Group Holdings Inc.’s common stock. We match 25% of the deferral with an additional notional investment in common stock of Affinia Group Holdings Inc., which is subject to vesting as provided in the plan. Deferred compensation expense, which was recorded in selling, general and administrative expenses, and tax related income tax benefits were $1 million for 2010, $2 million for 2011 and $1 million for 2012. |
Income_Tax
Income Tax | 9 Months Ended | 12 Months Ended | ||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ' | ||||||||||||
Income Tax | ' | ' | ||||||||||||
Note 11. Income Taxes | Note 11. Income Tax | |||||||||||||
The total amount of unrecognized tax benefits as of December 31, 2012 and September 30, 2013 was $1 million, and if recognized, would affect the effective tax rate. The Company recognizes interest related to unrecognized tax benefits in interest expense and recognizes penalties as part of the income tax provision. As of September 30, 2013, the Company’s accrual for interest and penalties was less than $1 million. The Company is subject to taxation in the U.S. and various state and foreign jurisdictions. For jurisdictions in which the Company transacts significant business, tax years ended December 31, 2004 and later remain subject to examination by tax authorities. We do not anticipate any material change in the total amount of unrecognized tax benefits to occur within the next twelve months. | The components of the income tax provision (benefit) from continuing operations are as follows: | |||||||||||||
(Dollars in millions) | Year Ended | Year Ended | Year Ended | |||||||||||
December 31, | December 31, | December 31, | ||||||||||||
2010 | 2011 | 2012 | ||||||||||||
Current: | ||||||||||||||
U.S. federal | $ | — | $ | — | $ | — | ||||||||
U.S. state and local | 1 | 1 | — | |||||||||||
Non-United States | 19 | 18 | 20 | |||||||||||
Total current | 20 | 19 | 20 | |||||||||||
Deferred: | ||||||||||||||
U.S. federal & state | 6 | 14 | 28 | |||||||||||
Non-United States | 4 | 5 | — | |||||||||||
Total deferred | 10 | 19 | 28 | |||||||||||
Income tax provision | $ | 30 | $ | 38 | $ | 48 | ||||||||
The income tax provision was calculated based upon the following components of income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest: | ||||||||||||||
(Dollars in millions) | Year Ended | Year Ended | Year Ended | |||||||||||
December 31, | December 31, | December 31, | ||||||||||||
2010 | 2011 | 2012 | ||||||||||||
United States | $ | (31 | ) | $ | (17 | ) | $ | (20 | ) | |||||
Non-United States | 89 | 96 | 89 | |||||||||||
Income from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | $ | 58 | $ | 79 | $ | 69 | ||||||||
Deferred tax assets (liabilities) consisted of the following: | ||||||||||||||
(Dollars in millions) | At December 31, | At December 31, | ||||||||||||
2011 | 2012 | |||||||||||||
Deferred tax assets: | ||||||||||||||
Net operating loss carryforwards | $ | 134 | $ | 139 | ||||||||||
Inventory reserves | 43 | 10 | ||||||||||||
Expense accruals | 22 | 14 | ||||||||||||
Depreciation and amortization | 14 | — | ||||||||||||
Other | 4 | 3 | ||||||||||||
Subtotal | 217 | 166 | ||||||||||||
Valuation allowance | (27 | ) | (22 | ) | ||||||||||
Deferred tax assets | 190 | 144 | ||||||||||||
Deferred tax liabilities: | ||||||||||||||
Depreciation and amortization | — | 2 | ||||||||||||
Foreign earnings | 23 | 25 | ||||||||||||
Deferred tax liabilities | 23 | 27 | ||||||||||||
Net deferred tax assets | $ | 167 | $ | 117 | ||||||||||
Balance sheet presentation: | ||||||||||||||
Current deferred taxes | $ | 60 | $ | 13 | ||||||||||
Deferred income taxes | 109 | 106 | ||||||||||||
Other accrued expenses | — | — | ||||||||||||
Deferred employee benefits and other noncurrent liabilities | (2 | ) | (2 | ) | ||||||||||
Net deferred tax assets | $ | 167 | $ | 117 | ||||||||||
Valuation allowances are provided for deferred tax assets whenever the realization of the assets is not deemed to meet a more likely than not standard. Accordingly, valuation allowances have been provided for net operating losses in certain non-U.S. countries and U.S. states. U.S. income and foreign withholding taxes have not been recognized on the excess of the amount for financial reporting over the tax basis of investments in foreign subsidiaries that are essentially permanent in duration. This amount becomes taxable upon a repatriation of assets from the subsidiary or a sale or liquidation of the subsidiary. The amount of such temporary differences totaled $70 million at December 31, 2012. Determination of the amount of any unrecognized deferred income tax liability on this temporary difference is not practicable. | ||||||||||||||
The effective income tax rate differs from the U.S. federal income tax rate for the following reasons: | ||||||||||||||
Year Ended | Year Ended | Year Ended | ||||||||||||
December 31, | December 31, | December 31, | ||||||||||||
2010 | 2011 | 2012 | ||||||||||||
U.S. federal income tax rate | 35 | % | 35 | % | 35 | % | ||||||||
Increases (reductions) resulting from: | ||||||||||||||
State and local income taxes, net of federal income tax benefit | 1.1 | -2.1 | 1 | |||||||||||
Valuation allowance | 2 | 3.4 | 2 | |||||||||||
Non-U.S. income | -12.6 | -13 | -16.9 | |||||||||||
U.S. permanent differences* | 29.8 | 13.6 | 38.3 | |||||||||||
Unremitted earnings | -1 | 9.6 | 9.7 | |||||||||||
Miscellaneous items | -2.6 | 1.8 | 0.2 | |||||||||||
Effective income tax rate | 51.7 | % | 48.3 | % | 69.3 | % | ||||||||
* | The U.S. permanent differences affecting the tax rate are a result of deemed distributions from foreign subsidiaries. | |||||||||||||
At the end of 2012, federal domestic net operating loss carryforwards were $351 million. Of these, $12 million expire in 2024, $13 million expire in 2025, $37 million expire in 2026, $35 million expire in 2027, $76 million expire in 2028, $62 million expire in 2029, $57 million expire in 2030, $24 million expire in 2031 and $35 million expire in 2032. At the end of 2012, state domestic net operating loss carryforwards were estimated to be $181 million, the majority of which expire between 2022 and 2032. At the end of 2012, foreign net operating loss carryforwards were $18 million and expire as follows: $2 million in 2013, $2 million in 2014, $3 million in 2015, $6 million in 2016, $4 million in 2017 and $1 million in 2018. Realization of the tax benefits associated with loss carryforwards is dependent on generating sufficient taxable income prior to their expiration. | ||||||||||||||
The following table summarizes the activity related to our unrecognized tax benefits: | ||||||||||||||
(Dollars in millions) | ||||||||||||||
Balance at January 1, 2010 | $ | 2 | ||||||||||||
Increases to tax positions | — | |||||||||||||
Decreases to tax positions | — | |||||||||||||
Balance at January 1, 2011 | $ | 2 | ||||||||||||
Increases to tax positions | — | |||||||||||||
Decreases to tax positions | — | |||||||||||||
Balance at January 1, 2012 | $ | 2 | ||||||||||||
Increases to tax positions | — | |||||||||||||
Decreases to tax positions | (1 | ) | ||||||||||||
Balance at December 31, 2012 | $ | 1 | ||||||||||||
Included in the balance of unrecognized tax benefits at December 31, 2012, are $1 million of tax benefits that, if recognized, would affect the effective tax rate. The Company recognizes interest related to unrecognized tax benefits in interest expense and penalties as part of the income tax provision. As of December 31, 2012 the Company’s accrual for interest and penalties was less than $1 million. | ||||||||||||||
The Company is subject to taxation in the U.S. and various state and foreign jurisdictions. For jurisdictions in which the Company transacts significant business, tax years ending December 31, 2004 and later remain subject to examination by tax authorities. We do not anticipate any material change in the total amount of unrecognized tax benefits to occur within the next twelve months. |
Property_Plant_and_Equipment
Property, Plant and Equipment | 12 Months Ended | ||||||||
Dec. 31, 2012 | |||||||||
Property Plant And Equipment [Abstract] | ' | ||||||||
Property, Plant and Equipment | ' | ||||||||
Note 12. Property, Plant and Equipment | |||||||||
The following table breaks out the property, plant and equipment in further detail: | |||||||||
December 31, | |||||||||
(Dollars in millions) | 2011 | 2012 | |||||||
Property, plant and equipment | |||||||||
Land and improvements to land | $ | 8 | $ | 8 | |||||
Buildings and building fixtures | 51 | 55 | |||||||
Machinery and equipment | 137 | 159 | |||||||
Software | 25 | 21 | |||||||
Construction in progress | 17 | 9 | |||||||
238 | 252 | ||||||||
Less: Accumulated depreciation | (120 | ) | (133 | ) | |||||
$ | 118 | $ | 119 | ||||||
The property, plant and equipment as of December 31, 2011, excludes our Brake North America and Asia group property, plant and equipment, of $122 million. Depreciation is recognized on a straight-line basis over an asset’s estimated useful life. The depreciation expense from continuing operations was $18 million, $16 million, and $18 million for 2010, 2011, and 2012, respectively. |
Other_Accrued_Expenses
Other Accrued Expenses | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Other Liabilities Disclosure [Abstract] | ' | ||||||||||||
Other Accrued Expenses | ' | ||||||||||||
Note 13. Other Accrued Expenses | |||||||||||||
The following table breaks out the other accrued expenses in further detail: | |||||||||||||
December 31, | |||||||||||||
(Dollars in millions) | 2011(1) | 2012 | |||||||||||
Taxes other than income taxes | $ | 10 | $ | 11 | |||||||||
Interest payable | 12 | 10 | |||||||||||
Return reserve | 11 | 8 | |||||||||||
Tax deposit payable | 3 | 5 | |||||||||||
Accrued legal and professional fees | 6 | 4 | |||||||||||
Accrued promotions and defective product | 4 | 4 | |||||||||||
Accrued selling and marketing | 8 | 3 | |||||||||||
Accrued freight | 2 | 3 | |||||||||||
Accrued commissions expense | 2 | 3 | |||||||||||
Accrued workers compensation | 6 | 2 | |||||||||||
Accrued restructuring | 2 | 1 | |||||||||||
Other | 14 | 14 | |||||||||||
$ | 80 | $ | 68 | ||||||||||
-1 | The other accrued expenses as of December 31, 2011 excludes $82 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | ||||||||||||
The other accrued expenses primarily consist of accrued utilities and other miscellaneous accruals. | |||||||||||||
A reconciliation of the changes in our return reserves is as follows beginning with January 1, 2010: | |||||||||||||
December 31, | |||||||||||||
(Dollars in millions) | 2010(1) | 2011(2) | 2012(3) | ||||||||||
Beginning balance January 1 | $ | 17 | $ | 17 | $ | 11 | |||||||
Amounts charged to revenue | 43 | 45 | 23 | ||||||||||
Returns processed | (43 | ) | (45 | ) | (26 | ) | |||||||
Classified to discontinued operations | — | (6 | ) | — | |||||||||
Ending balance December 31 | $ | 17 | $ | 11 | $ | 8 | |||||||
-1 | Includes our Brake North America and Asia group, which is classified as discontinued operations that had amounts charged to revenue of $22 million in 2010 and returns processed of $22 million in 2010. The return reserve as of December 31, 2009 and 2010 includes $8 million in our Brake North America and Asia group. | ||||||||||||
-2 | Includes our Brake North America and Asia group, which is classified as discontinued operations that had amounts charged to revenue of $22 million in 2011 and returns processed of $24 million in 2011. The return reserve as of December 31, 2010 includes $8 million in our Brake North America and Asia group. The return reserve as of December 31, 2011 excludes $6 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | ||||||||||||
-3 | Excludes our Brake North America and Asia group, which is classified as discontinued operations that had amounts charged to revenue of $15 million in 2012 and returns processed of $21 million in 2012. The return reserve as of December 31, 2011 excludes $6 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. |
Commitments_and_Contingencies
Commitments and Contingencies | 9 Months Ended | 12 Months Ended | ||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||
Commitments And Contingencies Disclosure [Abstract] | ' | ' | ||||||||||||
Commitments and Contingencies | ' | ' | ||||||||||||
Note 10. Commitments and Contingencies | Note 14. Commitments and Contingencies | |||||||||||||
At September 30, 2013, the Company had purchase commitments for property, plant and equipment of approximately $8 million. | At December 31, 2012, the Company had purchase commitments for property, plant and equipment of approximately $2 million. | |||||||||||||
A reconciliation of the changes in our return reserves, which is included in other accrued expenses, is as follows: | The Company had future minimum rental commitments under non-cancelable operating leases in continuing operations of $37 million at December 31, 2012, with future rental payments of: | |||||||||||||
(Dollars in millions) | Nine Months | Nine Months | (Dollars in millions) | Operating | ||||||||||
Ended | Ended | Leases | ||||||||||||
September 30, | September 30, | 2013 | $ | 8 | ||||||||||
2012 | 2013 | 2014 | 7 | |||||||||||
Beginning balance | $ | 11 | $ | 8 | 2015 | 6 | ||||||||
Amounts charged to revenue | 14 | 12 | 2016 | 5 | ||||||||||
Returns processed | (11 | ) | (10 | ) | 2017 | 4 | ||||||||
Thereafter | 7 | |||||||||||||
Ending balance | $ | 14 | $ | 10 | ||||||||||
Total | $ | 37 | ||||||||||||
The leases do not contain restrictions on future borrowings. There are no significant lease escalation clauses or purchase options. Rent expense from continuing operations was $10 million, $11 million and $10 million in 2010, 2011 and 2012, respectively. | ||||||||||||||
Various claims, lawsuits and administrative proceedings are pending or threatened against us and our subsidiaries, arising from the ordinary course of business with respect to commercial, intellectual property, product liability and environmental matters. We believe that the ultimate resolution of the foregoing matters will not have a material effect on our financial condition or results of operations or liquidity. | ||||||||||||||
On September 30, 2011, we entered into a settlement agreement with Satisfied Brake Products Inc. (“Satisfied”) for $10 million to settle our claims against Satisfied for their theft of our trade secrets. Upon execution of the settlement agreement, $2.5 million was due immediately and up to an additional $7.5 million is to be provided after liquidation of Satisfied’s business. On September 30, 2011, we recorded a gain of $2.5 million in continuing operations in the consolidated financial statements. Additionally, we recorded $4 million as a gain in continuing operations in the first quarter of 2012. The remaining claim against Satisfied was included in the distribution of the Brake North America and Asia group to our shareholders. | ||||||||||||||
On January 28, 2013, Walker Morris, counsel for Neovia Logistics Services (U.K.) Limited (“Neovia”) (formerly known as Caterpillar Logistics Services (U.K.) Limited) notified us that Quinton Hazell Automotive Limited (“QHAL”) intended to appoint administrators (comparable to a bankruptcy filing in the United States) and that Neovia may pursue a claim against us for liabilities arising out of a Logistics Services Agreement dated May 5, 2006 among Neovia, QHAL and Affinia Group Inc. (the “LSA”). In connection with our prior sale of QHAL and its related companies to Klarius Group Ltd. (“KGL”), Affinia Group Inc. assigned the LSA to KGL, KGL agreed to indemnify Affinia Group Inc. against any liability under the LSA and the other companies in the QHAL group agreed to provide a guarantee to Affinia Group Inc. against these liabilities. KGL and QHAL have both appointed administrators. By letter dated February 15, 2013, Neovia, through its counsel Walker Morris, notified us that Neovia is asserting a claim against Affinia Group Inc. for liabilities arising under the LSA, including asserted unpaid invoices totaling 5.7 million pounds. The matter is in its early stages with no lawsuit having been filed or dispute resolution process commenced. We intend to vigorously defend this matter. | ||||||||||||||
The Company has various accruals for civil liability, including product liability, and other costs. If there is a range of equally probable outcomes, we accrue at the lower end of the range. The Company had $4 million and $1 million accrued as of December 31, 2011 and December 31, 2012, respectively. In addition, we have various other claims that are reasonably possible of occurrence that range from less than $1 million to $10 million in the aggregate. There are no recoveries expected from third parties. | ||||||||||||||
During the first quarter of 2007 we signed a letter of credit in connection with a real estate lease. ASC 460, “Guarantees”, requires that this letter of credit be accounted for as a guarantee. The fair value of this guarantee as of December 31, 2012 was less than $1 million and is included in other noncurrent liabilities and other long-term assets. |
Restructuring_of_Operations
Restructuring of Operations | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Restructuring And Related Activities [Abstract] | ' | ||||||||||||
Restructuring of Operations | ' | ||||||||||||
Note 15. Restructuring of Operations | |||||||||||||
The restructuring charges consist of employee termination costs, other exit costs and impairment costs. Severance costs are being accounted for in accordance with ASC Topic 420, “Exit or Disposal Cost Obligations” and ASC Topic 712, “Compensation—Nonretirement Postemployment Benefits.” The following summarizes the restructuring charges and activity for the Company: | |||||||||||||
Accrued Restructuring | |||||||||||||
(Dollars in millions) | Total | ||||||||||||
Balance at December 31, 2010 | $ | 4 | |||||||||||
Charges to expense: | |||||||||||||
Employee termination benefits | 6 | ||||||||||||
Asset write-offs expense | — | ||||||||||||
Other expenses | 6 | ||||||||||||
Total restructuring expenses | 12 | ||||||||||||
Cash payments and asset write-offs: | |||||||||||||
Cash payments | (11 | ) | |||||||||||
Asset retirements and other | (2 | ) | |||||||||||
Discontinued operations—Brake North America and Asia group(1) | (1 | ) | |||||||||||
Balance at December 31, 2011(1) | $ | 2 | |||||||||||
Charges to expense: | |||||||||||||
Employee termination benefits | 1 | ||||||||||||
Asset write-offs expense | — | ||||||||||||
Other expenses | 1 | ||||||||||||
Total restructuring expenses | 2 | ||||||||||||
Cash payments and asset write-offs: | |||||||||||||
Cash payments | (2 | ) | |||||||||||
Asset retirements and other | (1 | ) | |||||||||||
Balance at December 31, 2012 | $ | 1 | |||||||||||
-1 | The accrued restructuring as of December 31, 2011 excludes $1 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | ||||||||||||
At December 31, 2012, $1 million of restructuring charges remained in accrued liabilities, relating to wage and healthcare continuation for severed employees and other termination costs. These remaining benefits are expected to be paid during 2013. The following table shows the restructuring expenses by reportable segment: | |||||||||||||
(Dollars in millions) | 2010 | 2011 | 2012 | ||||||||||
On and Off-highway segment | $ | 8 | $ | 1 | $ | 2 | |||||||
Corporate, eliminations and other | 4 | — | — | ||||||||||
Total from continuing operations | $ | 12 | $ | 1 | $ | 2 | |||||||
Discontinued Operations | 12 | 11 | 19 | ||||||||||
Total | $ | 24 | $ | 12 | $ | 21 | |||||||
Related_Party_Transactions
Related Party Transactions | 12 Months Ended |
Dec. 31, 2012 | |
Related Party Transactions [Abstract] | ' |
Related Party Transactions | ' |
Note 16. Related Party Transactions | |
On November 30, 2012, we distributed our Brake North America and Asia group to the shareholders of Holdings, the Company’s parent company and sole stockholder. The new organization is being led by the management team from the Company’s former Brake North America and Asia group, with oversight provided by a separate board of directors. The shareholders continued to market the Brake North America and Asia group for sale after the distribution. | |
Affinia and BPI entered into a transition services agreement (“TSA”) effective with the distribution on November 30, 2012. The TSA provides for certain administrative and other services and support to be provided by us to BPI and to be provided by BPI to us. Most of the transition services will expire during 2013 and we anticipate that we will begin distributing our chassis products during 2014. The TSAs and the distribution services were established as arm length transactions and are intended for the contracting parties to recover costs of the services. Additionally, BPI is temporarily providing distribution services for our chassis products. BPI charged us in the month of December 2012 less than $1 million for distribution services and transition services. Affinia charged BPI $2 million for transition services in the month of December 2012. As of December 31, 2012, we have accounts receivable of $1 million and accounts payable of $1 million related to the TSA. | |
Mr. John M. Riess, an Affinia Group Inc. Board member, is the parent of, J. Michael Riess, who is currently employed with Genuine Parts Company (NAPA) as president of a distribution facility. NAPA is the Company’s largest customer as a percentage of total net sales from continuing operations. NAPA accounted for 27%, 26% and 26% of our total net sales for the years ended December 31, 2010, 2011 and 2012, respectively. | |
In 2010, Mr. Zhang Haibo, 15% owner of Affinia Hong Kong Limited (“AHK”), loaned $1.4 million to AHK to facilitate the establishment of a new subsidiary, Affinia Qingdao Braking Systems Co. Ltd., a new friction company in China with the intention of manufacturing friction products and distributing these products in Asia and North America. AHK owns 100% of the subsidiary. The contribution agreement had not been finalized as of December 31, 2010, but the cash has been received by AHK, as such we have recorded the $1.4 million as related party debt. In 2011, the contribution agreement had been finalized and the related party debt had been transferred to accumulated paid-in capital. | |
In 2010, Mr. Zhang Haibo contributed $2.5 million to Affinia Hong Kong Limited (“AHK”) to facilitate the purchase of land use rights for a new filtration company in China with the intention of manufacturing and distributing filtration products principally in Asia. The contribution did not change the ownership percentage and as a consequence the noncontrolling interest did not change but property, plant and equipment did increase. In 2011, Mr. Zhang Haibo, 15% owner of AHK, contributed $0.9 million for funding to Longkou Wix Filtration Co. Ltd., a new filtration company in China with the intention of manufacturing filtration products and distributing these products in Asia and North America. AHK owns 100% of the subsidiary. During the third quarter of 2012, we purchased the remaining 15% ownership interest in Longkou Wix Filtration Co. Ltd. | |
Effective July 1, 2012, we, along with Affinia Group Holdings Inc. and Affinia Group Inc., entered into an amendment to the Advisory Agreement with Torque Capital Group LLC for services related to corporate strategy, finance, investments and such other services as we may request from time to time. Mr. Joseph E. Parzick, one of our directors, is a managing partner of Torque Capital Group LLC. The Advisory Agreement was amended to change the expiration date of the obligation to pay the quarterly fee from June 30, 2012 to March 31, 2013. Subsequently, in accordance with the terms of the Advisory Agreement, the Company terminated its obligation to pay the quarterly fee effective December 31, 2012. We have further agreed to pay a success fee of up to $3.0 million in the event Affinia Group Holdings Inc.’s shareholders realize a specified return on their investment on or before June 30, 2013 or, if a binding definitive agreement relating to a transaction is entered into prior to June 30, 2013, within six months of the execution of such agreement. The specified return with respect to this agreement is two times the amount of our shareholders’ original investment in us on the entire amount of such investment, subject, in the case of multiple transaction, to averaging of the transaction values. | |
Effective January 1, 2011, we, along with Affinia Group Holdings Inc. and Affinia Group Inc., entered into an Advisory Agreement with Cypress Advisors, Inc. for services related to corporate strategy, finance, investments and such other services as we may request from time to time. Mr. James A. Stern, one of our directors, is a managing director of Cypress Advisors, Inc. In connection with the Advisory Agreement, we, along with Affinia Group Holdings Inc. and Affinia Group Inc., have agreed to pay a quarterly fee of $100,000 for six calendar quarters expiring June 30, 2012, and have further agreed to pay a success fee of up to $2.0 million in the event Affinia Group Holdings Inc.’s shareholders realize a specified return on their investment on or before June 30, 2013 or, if a binding definitive agreement relating to a transaction is entered into prior to June 30, 2013, within six months of the execution of such agreement. The specified return with respect to this agreement is two times the amount of our shareholders’ original investment in us on the entire amount of such investment, subject, in the case of multiple transaction, to averaging of the transaction values. |
Segment_and_Geographic_Informa
Segment and Geographic Information | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||
Segment Reporting [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Segment and Geographic Information | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Note 13. Segment and Geographic Information | Note 17. Segment Information | |||||||||||||||||||||||||||||||||||||||||
The products, customer base, distribution channel, manufacturing process, procurement are similar throughout all of the Company’s operations. However, due to different economic characteristics in the Company’s operations and in conformity with ASC Topic 280, “Segment Reporting,” the Company presented two separate reportable segments: (1) the On and Off-highway reportable segment, which aggregates the Filtration, Chassis and Affinia South America operating segments and (2) Discontinued operation, which includes our Brake North America and Asia group. Because of the distribution of our Brake North America and Asia group, it was classified as discontinued operations and, as such, is not presented in the net sales and operating profit segment tables below. The Company evaluates the performance of its segments based primarily on revenue growth and operating profit. The allocation of income taxes is not evaluated at the segment level. See “Note 6. Discontinued Operation—Brake.” Segment net sales, operating profit, total assets, depreciation and amortization and capital expenditures were as follows: | The products, customer base, distribution channel, manufacturing process, procurement are similar throughout all of the Company’s operations. However, due to different economic characteristics in the Company’s operations and in conformity with ASC Topic 280, “Segment Reporting,” the Company presented two separate reportable segments: (1) the On and Off-highway reportable segment, which aggregates the Filtration, Chassis and Affinia South America operating segments and (2) Discontinued operation, which includes the Commercial Distribution Europe segment and Brake North America and Asia group. Our South America operation was historically comprised of two operating segments, with one of the operating segments being insignificant and is no longer reported separately to our chief operating decision maker. In 2012, we have consolidated South America operations into one operating segment, which is included in the On and Off-highway segment. Because of the sale of our Commercial Distribution Europe segment, the Commercial Distribution Europe segment was classified as discontinued operations and, as such, is not presented in the net sales and operating profit segment tables below. See “Note 19. Discontinued Operation—Quinton Hazell.” Also our Brake North America and Asia group was classified as discontinued operations and, as such, is not presented in the net sales and operating profit segment tables below. The Company evaluates the performance of its segments based primarily on revenue growth and operating profit. The allocation of income taxes is not evaluated at the segment level. See “Note 3. Discontinued Operation—Brake.” Segment net sales, operating profit, total assets, depreciation and amortization and capital expenditures were as follows: | |||||||||||||||||||||||||||||||||||||||||
Net Sales | (Dollars in millions) | Net Sales | Operating Profit | |||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | 2010 | 2011 | 2012 | 2010 | 2011 | 2012 | ||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | On and Off-highway segment | $ | 1,367 | $ | 1,483 | $ | 1,455 | $ | 161 | $ | 169 | $ | 165 | ||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | Corporate, eliminations and other | (8 | ) | (5 | ) | (2 | ) | (38 | ) | (27 | ) | (34 | ) | ||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 375 | $ | 401 | $ | 1,113 | $ | 1,170 | $ | 1,359 | $ | 1,478 | $ | 1,453 | $ | 123 | $ | 142 | $ | 131 | ||||||||||||||||||||||
Corporate, eliminations and other | — | — | (1 | ) | — | |||||||||||||||||||||||||||||||||||||
$ | 375 | $ | 401 | $ | 1,112 | $ | 1,170 | |||||||||||||||||||||||||||||||||||
(Dollars in millions) | Total Assets | |||||||||||||||||||||||||||||||||||||||||
2011 | 2012 | |||||||||||||||||||||||||||||||||||||||||
On and Off-highway segment | $ | 735 | $ | 720 | ||||||||||||||||||||||||||||||||||||||
Operating Profit | Corporate, eliminations and other | 308 | 240 | |||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | Assets of discontinued operations(1) | 416 | — | |||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | $ | 1,459 | $ | 960 | |||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 48 | $ | 50 | $ | 132 | $ | 142 | ||||||||||||||||||||||||||||||||||
Corporate, eliminations and other | (10 | ) | (14 | ) | (26 | ) | (33 | ) | -1 | The amounts related to the Brake North America and Asia group are classified in the assets of discontinued operations in 2011. | ||||||||||||||||||||||||||||||||
$ | 38 | $ | 36 | $ | 106 | $ | 109 | |||||||||||||||||||||||||||||||||||
(Dollars in millions) | Depreciation and | Capital Expenditures | ||||||||||||||||||||||||||||||||||||||||
Amortization | ||||||||||||||||||||||||||||||||||||||||||
2010 | 2011 | 2012 | 2010 | 2011 | 2012 | |||||||||||||||||||||||||||||||||||||
Total Assets | On and Off-highway segment | $ | 16 | $ | 17 | $ | 19 | $ | 28 | $ | 27 | $ | 17 | |||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | September 30, | Corporate, eliminations and other | 10 | 8 | 5 | 2 | — | — | |||||||||||||||||||||||||||||||||
2012 | 2013 | |||||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 720 | $ | 801 | Total from continuing operations | 26 | 25 | 24 | 30 | 27 | 17 | |||||||||||||||||||||||||||||||
Corporate, eliminations and other | 240 | 234 | Discontinued operations | 11 | 14 | — | 22 | 28 | 10 | |||||||||||||||||||||||||||||||||
$ | 960 | $ | 1,035 | $ | 37 | $ | 39 | $ | 24 | $ | 52 | $ | 55 | $ | 27 | |||||||||||||||||||||||||||
Net sales by geographic region were as follows: | ||||||||||||||||||||||||||||||||||||||||||
Depreciation and Amortization | ||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | (Dollars in millions) | Year Ended | Year Ended | Year Ended | ||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | December 31, | December 31, | December 31, | ||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | 2010 | 2011 | 2012 | ||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | Brazil | $ | 414 | $ | 438 | $ | 389 | ||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 5 | $ | 5 | $ | 13 | $ | 14 | Canada | 75 | 72 | 72 | ||||||||||||||||||||||||||||||
Corporate, eliminations and other | 1 | — | 4 | 3 | Poland | 140 | 147 | 146 | ||||||||||||||||||||||||||||||||||
Other Countries | 61 | 93 | 122 | |||||||||||||||||||||||||||||||||||||||
$ | 6 | $ | 5 | $ | 17 | $ | 17 | |||||||||||||||||||||||||||||||||||
Total Other Countries | 690 | 750 | 729 | |||||||||||||||||||||||||||||||||||||||
United States | 669 | 728 | 724 | |||||||||||||||||||||||||||||||||||||||
Capital Expenditures | $ | 1,359 | $ | 1,478 | $ | 1,453 | ||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | ||||||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | Long-lived assets by geographic region were as follows: | ||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 5 | $ | 8 | $ | 10 | $ | 17 | (Dollars in millions) | December 31, | December 31, | |||||||||||||||||||||||||||||||
Corporate, eliminations and other | — | — | — | 1 | 2011(1) | 2012 | ||||||||||||||||||||||||||||||||||||
Canada | $ | 1 | $ | — | ||||||||||||||||||||||||||||||||||||||
Total from continuing operations | 5 | 8 | 10 | 18 | China | 14 | 17 | |||||||||||||||||||||||||||||||||||
Discontinued operations | 3 | — | 9 | — | Brazil | 14 | 14 | |||||||||||||||||||||||||||||||||||
Poland | 26 | 29 | ||||||||||||||||||||||||||||||||||||||||
$ | 8 | $ | 8 | $ | 19 | $ | 18 | Other Countries | 10 | 9 | ||||||||||||||||||||||||||||||||
Net sales by geographic region were determined based on origin of sale and are as follows: | Total other countries | 65 | 69 | |||||||||||||||||||||||||||||||||||||||
United States | 193 | 177 | ||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | $ | 258 | $ | 246 | ||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | -1 | Long-lived assets as of December 31, 2011 excludes $200 million in our Brake North America and Asia group, which is classified in current assets of discontinued operations. | |||||||||||||||||||||||||||||||||||||
Brazil | $ | 100 | $ | 105 | $ | 299 | $ | 311 | Net sales by geographic area were determined based on origin of sale. Geographic data on long-lived assets are comprised of property, plant and equipment, goodwill, other intangible assets and deferred financing costs. | |||||||||||||||||||||||||||||||||
Canada | 19 | 17 | 55 | 53 | ||||||||||||||||||||||||||||||||||||||
Poland | 36 | 43 | 108 | 119 | We offer primarily two types of products: filtration products, which include oil, fuel, air and other filters and chassis products, which include steering, suspension and driveline components. Additionally, we have Affinia South America products, which offer chassis, filtration and other products. The Company’s sales by group of similar products are as follows: | |||||||||||||||||||||||||||||||||||||
Other countries | 36 | 48 | 90 | 120 | ||||||||||||||||||||||||||||||||||||||
Total other countries | 191 | 213 | 552 | 603 | (Dollars in millions) | Year Ended | Year Ended | Year Ended | ||||||||||||||||||||||||||||||||||
United States | 184 | 188 | 560 | 567 | December 31, | December 31, | December 31, | |||||||||||||||||||||||||||||||||||
2010 | 2011 | 2012 | ||||||||||||||||||||||||||||||||||||||||
$ | 375 | $ | 401 | $ | 1,112 | $ | 1,170 | Filtration products | $ | 759 | $ | 801 | $ | 831 | ||||||||||||||||||||||||||||
Chassis products | 169 | 213 | 194 | |||||||||||||||||||||||||||||||||||||||
Geographic data for long-lived assets are comprised of property, plant and equipment, goodwill, other intangible assets and deferred financing costs and are as follows: | Affinia South America products | 439 | 469 | 430 | ||||||||||||||||||||||||||||||||||||||
Corporate, eliminations and other | (8 | ) | (5 | ) | (2 | ) | ||||||||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | September 30, | $ | 1,359 | $ | 1,478 | $ | 1,453 | ||||||||||||||||||||||||||||||||||
2012 | 2013 | |||||||||||||||||||||||||||||||||||||||||
Brazil | $ | 14 | $ | 12 | ||||||||||||||||||||||||||||||||||||||
China | 17 | 18 | ||||||||||||||||||||||||||||||||||||||||
Poland | 29 | 28 | ||||||||||||||||||||||||||||||||||||||||
Other countries | 9 | 13 | ||||||||||||||||||||||||||||||||||||||||
Total other countries | 69 | 71 | ||||||||||||||||||||||||||||||||||||||||
United States | 177 | 182 | ||||||||||||||||||||||||||||||||||||||||
$ | 246 | $ | 253 | |||||||||||||||||||||||||||||||||||||||
We offer primarily two types of products: filtration products, which include oil, fuel, air and other filters and chassis products, which include steering, suspension and driveline components. Additionally, we have Affinia South America products, which offer chassis, filtration and other products. The Company’s sales by group of similar products are as follows: | ||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | ||||||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
Filtration products | $ | 212 | $ | 234 | $ | 632 | $ | 678 | ||||||||||||||||||||||||||||||||||
Chassis products | 50 | 50 | 153 | 147 | ||||||||||||||||||||||||||||||||||||||
Affinia South America products | 113 | 117 | 328 | 345 | ||||||||||||||||||||||||||||||||||||||
Corporate, eliminations and other | — | — | (1 | ) | — | |||||||||||||||||||||||||||||||||||||
$ | 375 | $ | 401 | $ | 1,112 | $ | 1,170 | |||||||||||||||||||||||||||||||||||
Asset_Retirement_Obligations
Asset Retirement Obligations | 12 Months Ended |
Dec. 31, 2012 | |
Asset Retirement Obligation Disclosure [Abstract] | ' |
Asset Retirement Obligations | ' |
Note 18. Asset Retirement Obligations | |
We account for the fair value of an ARO in the period in which it is incurred if it can be reasonably estimated, with the offsetting associated asset retirement costs capitalized as part of the carrying amount of the long-lived assets. The asset retirement cost is subsequently allocated to expense using a systematic and rational method over its useful life. Changes in the ARO resulting from the passage of time are recognized as an increase in the carrying amount of the liability and as accretion expense, which is included in depreciation and amortization expense in the consolidated statements of operations. Changes resulting from revisions to the timing or amount of the original estimate of cash flows are recognized as an increase or a decrease in the asset retirement cost and ARO. The ARO recorded was $2 million and $1 million at December 31, 2011 and December 31, 2012, respectively, which includes $1 million for our Brake North America and Asia group at December 31, 2011. |
Acquisition
Acquisition | 12 Months Ended |
Dec. 31, 2012 | |
India MAT [Member] | ' |
Acquisition | ' |
Note 21. Joint Venture Acquisition | |
In December 2010, we acquired the remaining 50% ownership interest in Affinia India Private Limited, the Company’s India joint venture, for $24 million in cash, increasing our ownership interest from 50% to 100%. The acquisition is not subject to any post closing purchase price adjustments or earn-outs. We had a controlling financial interest in Affinia India Private Limited prior to the purchase of the remaining 50% interest. Since we had control prior to the purchase, the transaction has been accounted for as an equity transaction consistent with ASC Topic 810, “Consolidation.” As a result of the transaction the noncontrolling interest balance was decreased by $8 million and the additional paid-in capital was decreased by $16 million. We financed this acquisition with the available borrowings under our ABL Revolver, which borrowings were repaid with the use of proceeds from our completed offering on December 9, 2010 of the Additional Notes. On November 30, 2012, we distributed our Brake North America and Asia group, which includes Affinia India Private Limited, to the shareholders of Holdings. | |
North American Parts Distributors [Member] | ' |
Acquisition | ' |
Note 20. Acquisition | |
On December 16, 2010, the Company, through its subsidiary Affinia Products Corp LLC, acquired substantially all the assets of North American Parts Distributors, Inc. (“NAPD”). NAPD, located in Ramsey, New Jersey, was an automobile parts and supplies wholesaler. The NAPD acquisition expanded our product offering of chassis parts to one of the broadest in the industry. NAPD’s purchased assets and assumed liabilities were acquired for cash consideration of $52 million. The initial purchase price was $51 million and was paid in 2010. Subsequently, in 2011 the working capital adjustment was settled for $1 million. The working capital adjustment was based on the difference between targeted working capital and working capital at the closing date. This acquisition was considered immaterial for disclosure of supplemental pro forma information and revenues and earnings of the acquiree since the acquisition date. We financed this acquisition with the available borrowings under our ABL Revolver, which borrowings were repaid with our completed offering on December 9, 2010 of the Additional Notes. |
Venezuelan_Operations
Venezuelan Operations | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Segment Reporting [Abstract] | ' | ' |
Venezuelan Operations | ' | ' |
Note 17. Venezuelan Operations | Note 22. Venezuelan Operations | |
As required by U.S. GAAP, effective January 1, 2010, we accounted for Venezuela as a highly inflationary economy because the three-year cumulative inflation rate for Venezuela using the blended Consumer Price Index (which is associated with the city of Caracas) and the National Consumer Price Index (developed commencing in 2008 and covering the entire country of Venezuela) exceeded 100%. | As required by U.S. GAAP, effective January 1, 2010, we accounted for Venezuela as a highly inflationary economy because the three-year cumulative inflation rate for Venezuela using the blended Consumer Price Index (which is associated with the city of Caracas) and the National Consumer Price Index (developed commencing in 2008 and covering the entire country of Venezuela) exceeded 100%. | |
Effective January 1, 2010, our Venezuelan subsidiary uses the U.S. Dollar as its functional currency. The financial statements of our subsidiary must be re-measured into the Company’s reporting currency (U.S. Dollar) and future exchange gains and losses from the re-measurement of monetary assets and liabilities are reflected in current earnings, rather than exclusively in the equity section of the balance sheet, until such time as the economy is no longer considered highly inflationary. The local currency in Venezuela is the Bolivar Fuerte (“VEF”). | ||
Effective January 1, 2010, our Venezuelan subsidiary uses the U.S. Dollar as its functional currency. The financial statements of our subsidiary must be re-measured into the Company’s reporting currency (U.S. Dollar) and future exchange gains and losses from the re-measurement of monetary assets and liabilities are reflected in current earnings, rather than exclusively in the equity section of the balance sheet, until such time as the economy is no longer considered highly inflationary. The local currency in Venezuela is the Bolivar Fuerte (“VEF”). | On January 11, 2010, the Venezuelan government devalued the country’s currency and changed to a two-tier exchange structure. The official exchange rate moved from 2.15 VEF per U.S. Dollar to 2.60 for essential goods and 4.30 for non-essential goods and services, with our products falling into the non-essential category. A Venezuelan currency control board is responsible for foreign exchange procedures, including approval of requests for exchanges of VEF for U.S. Dollars at the official (government established) exchange rate. Our business in Venezuela has been unsuccessful in obtaining U.S. Dollars at the official exchange rate. An unregulated parallel market existed for exchanging VEF for U.S. Dollars through securities transactions; and our Venezuelan subsidiary had been able to enter into such exchange transactions until May 2010, as discussed further below. The Company used the unregulated parallel market rate to translate the financial statements of its Venezuelan subsidiary through May 2010 because we expected to obtain U.S. Dollars at the unregulated parallel market rate for future dividend remittances. During the second quarter of 2010, the unregulated parallel market was suspended and the Central Bank of Venezuela began regulating the parallel market. The Central Bank of Venezuela has also imposed volume restrictions on use of the regulated parallel market. We will use the regulated parallel market rate to translate the financial statements of our Venezuelan subsidiary to comply with the regulations of Venezuela and are analyzing the impact of the volume restrictions on our business. The currency exchange limitations to date have not had a material effect on our 2010 earnings and cash flow. | |
On January 11, 2010, the Venezuelan government devalued the country’s currency. The official exchange rate moved from 2.15 VEF per U.S. Dollar to 2.60 for essential goods and 4.30 for non-essential goods and services with our products falling into the non-essential category. Our business in Venezuela was unsuccessful in obtaining U.S. Dollars at the official exchange rate of 4.30. However, the Central Bank of Venezuela began regulating another rate in May of 2010, which was the official parallel market rate of 5.30 VEF to the U.S. Dollar. The Central Bank of Venezuela also imposed volume restrictions on use of the regulated parallel market. The Company has used the regulated parallel market rate which has been constant at 5.30 VEF per U.S. Dollar since May 2010. | Effective January 1, 2010, we changed the rate used to re-measure our Venezuelan subsidiary’s transactions and balances from the official exchange rate of 2.15 VEF to the U.S. Dollar to the parallel market rate, which ranged between 5.30 and 7.70 VEF to the U.S. Dollar during 2010. The one-time devaluation had a $2 million negative impact on our pre-tax net income. As described above, during the second quarter of 2010, we changed the rate used to re-measure our Venezuelan subsidiary’s transactions to the SITME rate of 5.30 VEF to the U.S. Dollar and the rate has remained at that level in 2011. For 2010, our Venezuelan subsidiary represented approximately 1% of our consolidated net sales and it had a net loss attributable to the Company of $8 million, of which $7 million related to restructuring. The Venezuelan subsidiary also had $8 million of total assets and $7 million of total liabilities as of December 31, 2010. For 2011, our Venezuelan subsidiary represented approximately 2% of our consolidated net sales and it had a net income attributable to the Company of $3 million. For 2012, our Venezuelan subsidiary represented approximately 3% of our consolidated net sales and it had a net income attributable to the Company of less than $1 million. The Venezuelan subsidiary also had $15 million and $15 million of total assets and $10 million and $12 million of total liabilities as of December 31, 2011 and 2012, respectively. | |
On February 8, 2013, the Venezuelan government announced another devaluation of the currency to 6.30 VEF per U.S. Dollar and it eliminated the regulated parallel market rate of 5.3 VEF per U.S. Dollar. We used the official exchange rate of 6.30 VEF per U.S. Dollar to translate the financial statements of our Venezuelan subsidiary to comply with the regulations of Venezuela and are analyzing the impact of the volume restrictions on our business. The currency exchange limitations to date have not had a material effect on our 2013 earnings and cash flow. The one-time devaluation had a $2 million negative impact on our pre-tax net income during the first nine months of 2013. | On December 30, 2010, the Venezuelan government devalued the VEF by unifying the essential goods exchange rate of 2.60 VEF per U.S. Dollar with the non-essential goods and services exchange rate of 4.30 VEF per U.S. Dollar. The Company does not transact at the essential goods exchange rate as it has been unsuccessful in obtaining U.S. Dollars at the official exchange rate; as such, the devaluation does not impact the Company’s financial statements. The Company continues to use the regulated parallel market rate of 5.30 VEF per U.S. Dollar. | |
For the first nine months of 2012, our Venezuelan subsidiary represented approximately 3% of our consolidated net sales and it had a net income attributable to the Company of $3 million. The Venezuelan subsidiary also had $15 million of total assets and $12 million of total liabilities as of December 31, 2012. For first nine months of 2013, our Venezuelan subsidiary represented approximately 5% of our consolidated net sales and it had a net income attributable to the Company of $4 million. The Venezuelan subsidiary also had $28 million of total assets and $20 million of total liabilities as of September 30, 2013. | On February 8, 2013, the Venezuelan government announced another devaluation of the currency to 6.30 VEF per U.S. Dollar and it eliminated the parallel market rate. We are still assessing the impact of this one-time devaluation. |
Financial_Information_for_Guar
Financial Information for Guarantors and Non-Guarantors | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantees [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Financial Information for Guarantors and Non-Guarantors | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Note 19. Financial Information for Guarantors and Non-Guarantors | Note 23. Financial Information for Guarantors and Non-Guarantors | |||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. (presented as “Parent” in the following schedules), through its 100% owned subsidiary, Affinia Group Inc. (presented as Issuer in the following schedules), issued $250 million of Senior Notes on April 25, 2013. As of September 30, 2013, there were $250 million of Senior Notes outstanding. The notes were offered only to qualified institutional buyers and certain persons in offshore transactions | Affinia Group Intermediate Holdings Inc. (presented as “Parent” in the following schedules), through its wholly-owned subsidiary, Affinia Group Inc. (presented as “Issuer” in the following schedules), issued $225 million aggregate principal amount of its 10.75% Senior Secured Notes due 2016 (the “Secured Notes”) on August 13, 2009, and Affinia Group Inc. issued $300 million aggregate principal amount of its 9% Senior Subordinated Notes due 2014 (the “Subordinated Notes”) on November 30, 2004, with an additional $100 million in principal amount issued December 9, 2010. As of December 31, 2012, there were $367 million and $179 million of Subordinated Notes and Secured Notes outstanding, respectively. The Subordinated Notes and Secured Notes were offered only to qualified institutional buyers and certain persons in offshore transactions. | |||||||||||||||||||||||||||||||||||||||||||||||||
The Senior Notes are fully, irrevocably, unconditionally and jointly and severally guaranteed on a senior unsecured basis. The Senior Notes are general obligations of the Issuer and guaranteed by the Parent and the Guarantors. | On April 25, 2013, we refinanced our existing notes and credit facilities and made a distribution to Holdings, our shareholder. Affinia Group Intermediate Holdings Inc. (presented as “Parent” in the following schedules), through its 100% owned subsidiary, Affinia Group Inc. (presented as Issuer in the following schedules), issued $250 million aggregate principal amount 7.75% Senior Notes due May 1, 2021 (the “Senior Notes”). The Senior Notes were offered only to qualified institutional buyers and certain persons in offshore transactions. Along with the Senior Notes, the refinancing consisted of a $200 million term loan due April 25, 2016, a $470 million term loan due April 25, 2020, the proceeds of which we used, together with $31 million of cash on hand, to redeem our Secured Notes, redeem our Subordinated Notes, pay fees and expenses in connection with the refinancing transaction and make a $350 million distribution to Holdings. Holdings used the distribution to redeem its Preferred Shares, repay $61 million of the Seller Note issued by Holdings to Dana as part of the financing in connection with our acquisition of substantially all of the aftermarket business operations of Dana in 2004 and make a distribution of $133 million to its stockholders. | |||||||||||||||||||||||||||||||||||||||||||||||||
The following unaudited information presents Condensed Consolidating Statements of Operations for the three and nine months ended September 30, 2012 and 2013, Condensed Consolidating Statements of Comprehensive Loss for the three and nine months ended September 30, 2012 and 2013, Condensed Consolidating Balance Sheets as of December 31, 2012 and September 30, 2013 and Condensed Consolidating Statements of Cash Flows for the nine months ended September 30, 2012 and 2013 of (1) the Parent, (2) the Issuer, (3) the Guarantors, (4) the Non-Guarantors, and (5) eliminations to arrive at the information for the Company on a consolidated basis. | ||||||||||||||||||||||||||||||||||||||||||||||||||
The Secured Notes are fully, unconditionally and jointly and severally guaranteed on a senior secured basis, the Subordinated Notes are fully, unconditionally and jointly and severally guaranteed on an unsecured senior subordinated basis and the Senior Notes are fully, irrevocably, unconditionally and jointly and severally guaranteed on a senior unsecured basis. The Subordinated Notes and the Senior Notes are general obligations of the Issuer and guaranteed by the Parent and all of the Issuer’s 100% owned current and future domestic subsidiaries (the “Guarantors”). The Issuer’s obligations under the Secured Notes are guaranteed by the Guarantors and are secured by first-priority liens, subject to permitted liens and exceptions for excluded assets, on substantially all of the Issuer’s and the Guarantors’ tangible and intangible assets (excluding the ABL Collateral as defined below), including real property, fixtures and equipment owned or acquired in the future by the Issuer and the Guarantors (the “Non-ABL Collateral”) and are secured by second-priority liens on all accounts receivable, inventory, cash, deposit accounts, securities accounts and proceeds of the foregoing and certain assets related thereto held by the Issuer and the Guarantors, which constitute collateral under the ABL Revolver on a first-priority basis (the “ABL Collateral”). | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | The following information presents Condensed Consolidating Statements of Operations for the years ended December 31, 2010, December 31, 2011 and December 31, 2012, Condensed Consolidating Statements of Comprehensive Income for the years ended December 31, 2010, December 31, 2011 and December 31, 2012, Condensed Consolidating Balance Sheets as of December 31, 2011 and December 31, 2012 and Condensed Consolidating Statements of Cash Flows for the years ended December 31, 2010, December 31, 2011 and December 31, 2012 of (1) the Parent, (2) the Issuer, (3) the Guarantors, (4) the Non-Guarantors, and (5) eliminations to arrive at the information for the Company on a consolidated basis. Other separate financial statements and other disclosures concerning the Parent and the Guarantors are not presented because management does not believe that such information is material to investors. | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2012 | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 202 | $ | 286 | $ | (113 | ) | $ | 375 | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||
Cost of sales | — | — | (159 | ) | (241 | ) | 113 | (287 | ) | Guarantor | total | |||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 734 | $ | 967 | $ | (342 | ) | $ | 1,359 | |||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 43 | 45 | — | 88 | Cost of sales | — | — | (592 | ) | (793 | ) | 342 | (1,043 | ) | ||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (13 | ) | (16 | ) | (21 | ) | — | (50 | ) | ||||||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 142 | 174 | — | 316 | ||||||||||||||||||||||||||||||||||||||||||||
Operating profit (loss) | — | (13 | ) | 27 | 24 | — | 38 | Selling, general and administrative expenses | — | (32 | ) | (83 | ) | (78 | ) | — | (193 | ) | ||||||||||||||||||||||||||||||||
Other income (loss), net | — | — | (1 | ) | 3 | — | 2 | |||||||||||||||||||||||||||||||||||||||||||
Interest expense | — | (15 | ) | — | (1 | ) | — | (16 | ) | Operating (loss) profit | — | (32 | ) | 59 | 96 | — | 123 | |||||||||||||||||||||||||||||||||
Loss on extinguishment of debt | — | (1 | ) | — | — | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, net of tax, equity in income, net of tax and noncontrolling interest | — | (28 | ) | 26 | 26 | — | 24 | Other income (loss), net | — | 21 | (23 | ) | 3 | — | 1 | |||||||||||||||||||||||||||||||||||
Income tax provision | — | (2 | ) | — | (8 | ) | — | (10 | ) | Interest expense | — | (64 | ) | — | (1 | ) | — | (65 | ) | |||||||||||||||||||||||||||||||
Equity in income, net of tax | 4 | 34 | 12 | 1 | (50 | ) | 1 | |||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | — | (76 | ) | 36 | 98 | — | 58 | |||||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | 4 | 4 | 38 | 19 | (50 | ) | 15 | Income tax provision | — | (4 | ) | — | (26 | ) | — | (30 | ) | |||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | (3 | ) | (7 | ) | — | (10 | ) | Equity in income, net of tax | 24 | 106 | 78 | 1 | (208 | ) | 1 | |||||||||||||||||||||||||||||||||
Net income | 4 | 4 | 35 | 12 | (50 | ) | 5 | Net income from continuing operations | 24 | 26 | 114 | 73 | (208 | ) | 29 | |||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | Loss from discontinued operations, net of tax | — | — | (4 | ) | 5 | — | 1 | ||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 4 | $ | 4 | $ | 34 | $ | 12 | $ | (50 | ) | $ | 4 | Net income | 24 | 26 | 110 | 78 | (208 | ) | 30 | |||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | 2 | 4 | — | — | 6 | ||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Loss | Net income attributable to the Company | $ | 24 | $ | 24 | $ | 106 | $ | 78 | $ | (208 | ) | $ | 24 | ||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | For the Year Ended December 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net income | $ | 4 | $ | 4 | $ | 35 | $ | 12 | $ | (50 | ) | $ | 5 | |||||||||||||||||||||||||||||||||||||
Other comprehensive income, net of tax: | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | 11 | 11 | — | 11 | (22 | ) | 11 | Guarantor | total | |||||||||||||||||||||||||||||||||||||||||
Net income | $ | 24 | $ | 26 | $ | 110 | $ | 78 | $ | (208 | ) | $ | 30 | |||||||||||||||||||||||||||||||||||||
Total other comprehensive income | 11 | 11 | — | 11 | (22 | ) | 11 | Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||||||||||||||||||||
Loss on settlement pension obligations | 3 | 3 | 3 | — | (6 | ) | 3 | |||||||||||||||||||||||||||||||||||||||||||
Total comprehensive income | 15 | 15 | 35 | 23 | (72 | ) | 16 | Change in foreign currency translation adjustments | (2 | ) | (2 | ) | — | (2 | ) | 4 | (2 | ) | ||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income (loss) | 1 | 1 | 3 | (2 | ) | (2 | ) | 1 | ||||||||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 15 | $ | 15 | $ | 34 | $ | 23 | $ | (72 | ) | $ | 15 | |||||||||||||||||||||||||||||||||||||
Total comprehensive income | 25 | 27 | 113 | 76 | (210 | ) | 31 | |||||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | 2 | 4 | — | — | 6 | ||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Comprehensive income attributable to the Company | $ | 25 | $ | 25 | $ | 109 | $ | 76 | $ | (210 | ) | $ | 25 | ||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Consolidating Statement of Operations | |||||||||||||||||||||||||||||||||||||||||||
Total | For the Year Ended December 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 611 | $ | 784 | $ | (283 | ) | $ | 1,112 | |||||||||||||||||||||||||||||||||||||
Cost of sales | — | — | (495 | ) | (646 | ) | 283 | (858 | ) | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 116 | 138 | — | 254 | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (35 | ) | (51 | ) | (62 | ) | — | (148 | ) | Net sales | $ | — | $ | — | $ | 795 | $ | 1,024 | $ | (341 | ) | $ | 1,478 | ||||||||||||||||||||||||||
Cost of sales | — | — | (636 | ) | (841 | ) | 341 | (1,136 | ) | |||||||||||||||||||||||||||||||||||||||||
Operating profit (loss) | — | (35 | ) | 65 | 76 | — | 106 | |||||||||||||||||||||||||||||||||||||||||||
Loss on extinguishment of debt | — | (1 | ) | — | — | — | (1 | ) | Gross profit | — | — | 159 | 183 | — | 342 | |||||||||||||||||||||||||||||||||||
Other income (loss), net | — | 1 | (4 | ) | 5 | — | 2 | Selling, general and administrative expenses | — | (26 | ) | (87 | ) | (87 | ) | — | (200 | ) | ||||||||||||||||||||||||||||||||
Interest expense | — | (47 | ) | — | (1 | ) | — | (48 | ) | |||||||||||||||||||||||||||||||||||||||||
Operating (loss) profit | — | (26 | ) | 72 | 96 | — | 142 | |||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | — | (82 | ) | 61 | 80 | — | 59 | Other income (loss), net | — | — | (2 | ) | 6 | — | 4 | |||||||||||||||||||||||||||||||||||
Income tax provision | — | (4 | ) | — | (20 | ) | — | (24 | ) | Interest expense | — | (66 | ) | — | (1 | ) | — | (67 | ) | |||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | (22 | ) | 64 | 18 | 1 | (60 | ) | 1 | ||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | — | (92 | ) | 70 | 101 | — | 79 | |||||||||||||||||||||||||||||||||||||||||||
Net income (loss) from continuing operations | (22 | ) | (22 | ) | 79 | 61 | (60 | ) | 36 | Income tax provision | — | (11 | ) | — | (27 | ) | — | (38 | ) | |||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | (14 | ) | (43 | ) | — | (57 | ) | Equity in income (loss), net of tax | (73 | ) | 30 | 55 | — | (12 | ) | — | ||||||||||||||||||||||||||||||||
Net income (loss) | (22 | ) | (22 | ) | 65 | 18 | (60 | ) | (21 | ) | Net income (loss) from continuing operations | (73 | ) | (73 | ) | 125 | 74 | (12 | ) | 41 | ||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | Loss from discontinued operations, net of tax | — | — | (94 | ) | (19 | ) | — | (113 | ) | ||||||||||||||||||||||||||||||||||
Net income (loss) attributable to the Company | $ | (22 | ) | $ | (22 | ) | $ | 64 | $ | 18 | $ | (60 | ) | $ | (22 | ) | Net income (loss) | (73 | ) | (73 | ) | 31 | 55 | (12 | ) | (72 | ) | |||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | Net income (loss) attributable to the Company | $ | (73 | ) | $ | (73 | ) | $ | 30 | $ | 55 | $ | (12 | ) | $ | (73 | ) | |||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | For the Year Ended December 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net income (loss) | $ | (22 | ) | $ | (22 | ) | $ | 65 | $ | 18 | $ | (60 | ) | $ | (21 | ) | ||||||||||||||||||||||||||||||||||
Other comprehensive income, net of tax: | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | — | — | — | — | — | — | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||
Net income (loss) | $ | (73 | ) | $ | (73 | ) | $ | 31 | $ | 55 | $ | (12 | ) | $ | (72 | ) | ||||||||||||||||||||||||||||||||||
Total other comprehensive income | — | — | — | — | — | — | Other comprehensive loss, net of tax: | |||||||||||||||||||||||||||||||||||||||||||
Pension liability adjustment | (1 | ) | (1 | ) | — | (1 | ) | 2 | (1 | ) | ||||||||||||||||||||||||||||||||||||||||
Total comprehensive income (loss) | (22 | ) | (22 | ) | 65 | 18 | (60 | ) | (21 | ) | Change in foreign currency translation adjustments | (32 | ) | (32 | ) | — | (32 | ) | 64 | (32 | ) | |||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive loss | (33 | ) | (33 | ) | — | (33 | ) | 66 | (33 | ) | ||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) attributable to the Company | $ | (22 | ) | $ | (22 | ) | $ | 64 | $ | 18 | $ | (60 | ) | $ | (22 | ) | ||||||||||||||||||||||||||||||||||
Total comprehensive income (loss) | (106 | ) | (106 | ) | 31 | 22 | 54 | (105 | ) | |||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Comprehensive income (loss) attributable to the Company | $ | (106 | ) | $ | (106 | ) | $ | 30 | $ | 22 | $ | 54 | $ | (106 | ) | ||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Consolidating Statement of Operations | |||||||||||||||||||||||||||||||||||||||||||
Total | For the Year Ended December 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 204 | $ | 241 | $ | (44 | ) | $ | 401 | |||||||||||||||||||||||||||||||||||||
Cost of sales | — | — | (166 | ) | (186 | ) | 44 | (308 | ) | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 38 | 55 | — | 93 | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (16 | ) | (17 | ) | (24 | ) | — | (57 | ) | Net sales | $ | — | $ | — | $ | 791 | $ | 1,026 | $ | (364 | ) | $ | 1,453 | ||||||||||||||||||||||||||
Cost of sales | — | — | (643 | ) | (846 | ) | 364 | (1,125 | ) | |||||||||||||||||||||||||||||||||||||||||
Operating profit (loss) | — | (16 | ) | 21 | 31 | — | 36 | |||||||||||||||||||||||||||||||||||||||||||
Other loss, net | — | (1 | ) | — | — | — | (1 | ) | Gross profit | — | — | 148 | 180 | — | 328 | |||||||||||||||||||||||||||||||||||
Interest expense | — | (15 | ) | — | — | — | (15 | ) | Selling, general and administrative expenses | — | (45 | ) | (68 | ) | (84 | ) | — | (197 | ) | |||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | — | (32 | ) | 21 | 31 | — | 20 | Operating (loss) profit | — | (45 | ) | 80 | 96 | — | 131 | |||||||||||||||||||||||||||||||||||
Income tax provision | — | (2 | ) | (2 | ) | (5 | ) | — | (9 | ) | Loss on extinguishment of debt | — | (1 | ) | — | — | — | (1 | ) | |||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | 9 | 43 | 24 | (2 | ) | (76 | ) | (2 | ) | Other income (loss), net | — | 3 | (5 | ) | 4 | — | 2 | |||||||||||||||||||||||||||||||||
Interest expense | — | (62 | ) | — | (1 | ) | — | (63 | ) | |||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | 9 | 9 | 43 | 24 | (76 | ) | 9 | |||||||||||||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | — | — | — | — | Income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | — | (105 | ) | 75 | 99 | — | 69 | ||||||||||||||||||||||||||||||||||||
Income tax provision | — | (21 | ) | — | (27 | ) | — | (48 | ) | |||||||||||||||||||||||||||||||||||||||||
Net income | 9 | 9 | 43 | 24 | (76 | ) | 9 | Equity in income (loss), net of tax | (103 | ) | 23 | 653 | 1 | (573 | ) | 1 | ||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Net income (loss) from continuing operations | (103 | ) | (103 | ) | 728 | 73 | (573 | ) | 22 | |||||||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 9 | $ | 9 | $ | 43 | $ | 24 | $ | (76 | ) | $ | 9 | Income (loss) from discontinued operations, net of tax | — | — | (705 | ) | 581 | — | (124 | ) | ||||||||||||||||||||||||||||
Guarantor Condensed | Net income (loss) | (103 | ) | (103 | ) | 23 | 654 | (573 | ) | (102 | ) | |||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | Less: net income attributable to noncontrolling interest, net of tax | — | — | — | 1 | — | 1 | |||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net income (loss) attributable to the Company | $ | (103 | ) | $ | (103 | ) | $ | 23 | $ | 653 | $ | (573 | ) | $ | (103 | ) | ||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||
Total | Consolidating Statement of Comprehensive Income | |||||||||||||||||||||||||||||||||||||||||||||||||
Net income | $ | 9 | $ | 9 | $ | 43 | $ | 24 | $ | (76 | ) | $ | 9 | For the Year Ended December 31, 2012 | ||||||||||||||||||||||||||||||||||||
Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Interest rate swap, net of tax | (1 | ) | (1 | ) | — | — | 1 | (1 | ) | |||||||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | 2 | 2 | — | 2 | (4 | ) | 2 | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||
Guarantor | total | |||||||||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income | 1 | 1 | — | 2 | (3 | ) | 1 | Net income (loss) | $ | (103 | ) | $ | (103 | ) | $ | 23 | $ | 654 | $ | (573 | ) | $ | (102 | ) | ||||||||||||||||||||||||||
Other comprehensive loss, net of tax: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Total comprehensive income | 10 | 10 | 43 | 26 | (79 | ) | 10 | Change in foreign currency translation adjustments | (15 | ) | (15 | ) | — | (15 | ) | 30 | (15 | ) | ||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive loss | (15 | ) | (15 | ) | — | (15 | ) | 30 | (15 | ) | ||||||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 10 | $ | 10 | $ | 43 | $ | 26 | $ | (79 | ) | $ | 10 | |||||||||||||||||||||||||||||||||||||
Total comprehensive income (loss) | (118 | ) | (118 | ) | 23 | 639 | (543 | ) | (117 | ) | ||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | — | 1 | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Comprehensive income (loss) attributable to the Company | $ | (118 | ) | $ | (118 | ) | $ | 23 | $ | 638 | $ | (543 | ) | $ | (118 | ) | |||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Consolidating Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||
Total | December 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 617 | $ | 672 | $ | (119 | ) | $ | 1,170 | |||||||||||||||||||||||||||||||||||||
Cost of sales | — | — | (495 | ) | (524 | ) | 119 | (900 | ) | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 122 | 148 | — | 270 | Guarantor | Total | ||||||||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (28 | ) | (65 | ) | (68 | ) | — | (161 | ) | Assets | |||||||||||||||||||||||||||||||||||||||
Current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Operating profit (loss) | — | (28 | ) | 57 | 80 | — | 109 | Cash and cash equivalents | $ | — | $ | 9 | $ | — | $ | 45 | $ | — | $ | 54 | ||||||||||||||||||||||||||||||
Loss on extinguishment of debt | — | (15 | ) | — | — | — | (15 | ) | Accounts receivable | — | — | 91 | 120 | — | 211 | |||||||||||||||||||||||||||||||||||
Other loss, net | — | (1 | ) | (1 | ) | (1 | ) | — | (3 | ) | Inventories | — | — | 164 | 112 | — | 276 | |||||||||||||||||||||||||||||||||
Interest expense | — | (57 | ) | — | (1 | ) | — | (58 | ) | Other current assets | — | 64 | 9 | 30 | — | 103 | ||||||||||||||||||||||||||||||||||
Current assets of discontinued operations | — | — | 272 | 144 | — | 416 | ||||||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | — | (101 | ) | 56 | 78 | — | 33 | |||||||||||||||||||||||||||||||||||||||||||
Income tax provision | — | — | — | (16 | ) | — | (16 | ) | Total current assets | — | 73 | 536 | 451 | — | 1,060 | |||||||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | 14 | 115 | 44 | (2 | ) | (173 | ) | (2 | ) | Investments and other assets | — | 207 | 54 | 20 | — | 281 | ||||||||||||||||||||||||||||||||||
Intercompany investments | 334 | 1,418 | 675 | — | (2,427 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | 14 | 14 | 100 | 60 | (173 | ) | 15 | Intercompany receivables (payables) | — | (629 | ) | 271 | 358 | — | — | |||||||||||||||||||||||||||||||||||
Income (loss) from discontinued operations, net of tax | — | — | 15 | (16 | ) | — | (1 | ) | Property, plant and equipment, net | — | 3 | 57 | 58 | — | 118 | |||||||||||||||||||||||||||||||||||
Net income | 14 | 14 | 115 | 44 | (173 | ) | 14 | Total assets | $ | 334 | $ | 1,072 | $ | 1,593 | $ | 887 | $ | (2,427 | ) | $ | 1,459 | |||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Liabilities and Equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 14 | $ | 14 | $ | 115 | $ | 44 | $ | (173 | ) | $ | 14 | Current liabilities: | ||||||||||||||||||||||||||||||||||||
Accounts payable | $ | — | $ | 12 | $ | 74 | $ | 40 | $ | — | $ | 126 | ||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Notes payable | — | — | — | 20 | — | 20 | |||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | Accrued payroll and employee benefits | — | 3 | 2 | 5 | — | 10 | |||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | Other accrued liabilities | — | 20 | 30 | 30 | — | 80 | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities of discontinued operations | — | — | 69 | 114 | — | 183 | ||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Total current liabilities | — | 35 | 175 | 209 | — | 419 | |||||||||||||||||||||||||||||||||||||
Total | Deferred employee benefits and noncurrent liabilities | — | 12 | — | 3 | — | 15 | |||||||||||||||||||||||||||||||||||||||||||
Net income | $ | 14 | $ | 14 | $ | 115 | $ | 44 | $ | (173 | ) | $ | 14 | Long-term debt | — | 678 | — | — | — | 678 | ||||||||||||||||||||||||||||||
Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Interest rate swap, net of tax | 5 | 5 | — | — | (5 | ) | 5 | Total liabilities | — | 725 | 175 | 212 | — | 1,112 | ||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | (15 | ) | (15 | ) | — | (15 | ) | 30 | (15 | ) | Total shareholder’s equity | 334 | 347 | 1,418 | 675 | (2,427 | ) | 347 | ||||||||||||||||||||||||||||||||
Total other comprehensive loss | (10 | ) | (10 | ) | — | (15 | ) | 25 | (10 | ) | Total liabilities and equity | $ | 334 | $ | 1,072 | $ | 1,593 | $ | 887 | $ | (2,427 | ) | $ | 1,459 | ||||||||||||||||||||||||||
Total comprehensive income | 4 | 4 | 115 | 29 | (148 | ) | 4 | |||||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 4 | $ | 4 | $ | 115 | $ | 29 | $ | (148 | ) | $ | 4 | Consolidating Balance Sheet | ||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Consolidating Balance Sheet | Guarantor | Total | ||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | $ | — | $ | 23 | $ | — | $ | 28 | $ | — | $ | 51 | ||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Accounts receivable | — | 2 | 39 | 122 | — | 163 | |||||||||||||||||||||||||||||||||||||
Total | Inventories | — | — | 172 | 132 | — | 304 | |||||||||||||||||||||||||||||||||||||||||||
Assets | Other current assets | — | 15 | 9 | 41 | — | 65 | |||||||||||||||||||||||||||||||||||||||||||
Current assets: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | $ | — | $ | 23 | $ | — | $ | 28 | $ | — | $ | 51 | Total current assets | — | 40 | 220 | 323 | — | 583 | |||||||||||||||||||||||||||||||
Accounts receivable | — | 2 | 39 | 122 | — | 163 | Investments and other assets | — | 197 | 41 | 20 | — | 258 | |||||||||||||||||||||||||||||||||||||
Inventories | — | — | 172 | 132 | — | 304 | Intercompany investments | 150 | 724 | 652 | — | (1,526 | ) | — | ||||||||||||||||||||||||||||||||||||
Other current assets | — | 15 | 9 | 41 | — | 65 | Intercompany receivables (payables) | — | (227 | ) | (134 | ) | 361 | — | — | |||||||||||||||||||||||||||||||||||
Property, plant and equipment, net | — | 2 | 48 | 69 | — | 119 | ||||||||||||||||||||||||||||||||||||||||||||
Total current assets | — | 40 | 220 | 323 | — | 583 | ||||||||||||||||||||||||||||||||||||||||||||
Investments and other assets | — | 197 | 41 | 20 | — | 258 | Total assets | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | ||||||||||||||||||||||||||||||
Intercompany investments | 150 | 724 | 652 | — | (1,526 | ) | — | |||||||||||||||||||||||||||||||||||||||||||
Intercompany receivables (payables) | — | (227 | ) | (134 | ) | 361 | — | — | Liabilities and Equity | |||||||||||||||||||||||||||||||||||||||||
Property, plant and equipment, net | — | 2 | 48 | 69 | — | 119 | Current liabilities: | |||||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | — | $ | 11 | $ | 79 | $ | 53 | $ | — | $ | 143 | ||||||||||||||||||||||||||||||||||||||
Total assets | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | Notes payable | — | — | — | 23 | — | 23 | ||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | — | 7 | 3 | 7 | — | 17 | ||||||||||||||||||||||||||||||||||||||||||||
Liabilities and shareholder’s equity | Other accrued liabilities | — | 15 | 21 | 32 | — | 68 | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | — | $ | 11 | $ | 79 | $ | 53 | $ | — | $ | 143 | Total current liabilities | — | 33 | 103 | 115 | — | 251 | |||||||||||||||||||||||||||||||
Notes payable | — | — | — | 23 | — | 23 | Deferred employee benefits and noncurrent liabilities | — | 6 | — | 6 | — | 12 | |||||||||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | — | 7 | 3 | 7 | — | 17 | Long-term debt | — | 546 | — | — | — | 546 | |||||||||||||||||||||||||||||||||||||
Other accrued expenses | — | 15 | 21 | 32 | — | 68 | ||||||||||||||||||||||||||||||||||||||||||||
Total liabilities | — | 585 | 103 | 121 | — | 809 | ||||||||||||||||||||||||||||||||||||||||||||
Total current liabilities | — | 33 | 103 | 115 | — | 251 | Total shareholder’s equity | 150 | 151 | 724 | 652 | (1,526 | ) | 151 | ||||||||||||||||||||||||||||||||||||
Deferred employee benefits and noncurrent liabilities | — | 6 | — | 6 | — | 12 | ||||||||||||||||||||||||||||||||||||||||||||
Long-term debt | — | 546 | — | — | — | 546 | Total liabilities and equity | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | ||||||||||||||||||||||||||||||
Total liabilities | — | 585 | 103 | 121 | — | 809 | ||||||||||||||||||||||||||||||||||||||||||||
Total shareholder’s equity | 150 | 151 | 724 | 652 | (1,526 | ) | 151 | Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Total liabilities and equity | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | Consolidating Statement of Cash Flows | ||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2010 | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Elimination | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Consolidating Balance Sheet | Guarantor | Total | ||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | Operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
Net cash (used in) provided by operating activities | $ | — | $ | (57 | ) | $ | 75 | $ | 5 | $ | — | $ | 23 | |||||||||||||||||||||||||||||||||||||
Investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | Proceeds from sales of assets | — | — | — | 1 | — | 1 | |||||||||||||||||||||||||||||||||||||
Total | Investments in companies, net of cash acquired | — | — | (51 | ) | — | — | (51 | ) | |||||||||||||||||||||||||||||||||||||||||
Assets | Proceeds from sale of affiliates | — | 11 | — | — | — | 11 | |||||||||||||||||||||||||||||||||||||||||||
Current assets: | Change in restricted cash | — | — | — | (3 | ) | — | (3 | ) | |||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | $ | — | $ | 53 | $ | — | $ | 33 | $ | — | $ | 86 | Additions to property, plant, and equipment | — | (2 | ) | (17 | ) | (33 | ) | — | (52 | ) | |||||||||||||||||||||||||||
Trade accounts receivable | — | — | 50 | 132 | — | 182 | Other investing activities | — | — | (4 | ) | — | — | (4 | ) | |||||||||||||||||||||||||||||||||||
Inventories, net | — | — | 166 | 136 | — | 302 | ||||||||||||||||||||||||||||||||||||||||||||
Other current assets | — | 30 | 7 | 57 | — | 94 | Net cash provided by (used in) investing activities | — | 9 | (72 | ) | (35 | ) | — | (98 | ) | ||||||||||||||||||||||||||||||||||
Financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Total current assets | — | 83 | 223 | 358 | — | 664 | Net increase in other short-term debt | — | — | — | 13 | — | 13 | |||||||||||||||||||||||||||||||||||||
Investments and other assets | — | 148 | 74 | 25 | — | 247 | Proceeds from other debt | — | — | — | 2 | — | 2 | |||||||||||||||||||||||||||||||||||||
Intercompany investments | (197 | ) | 1,154 | 704 | — | (1,661 | ) | — | Proceeds from Subordinated Notes | — | 100 | — | — | — | 100 | |||||||||||||||||||||||||||||||||||
Intercompany receivables (payables) | — | (625 | ) | 221 | 404 | — | — | Repayment on Secured Notes | — | (23 | ) | — | — | — | (23 | ) | ||||||||||||||||||||||||||||||||||
Property, plant and equipment, net | — | 2 | 53 | 69 | — | 124 | Capital contribution | — | — | — | 3 | — | 3 | |||||||||||||||||||||||||||||||||||||
Payment of deferred financing costs | — | (5 | ) | — | — | — | (5 | ) | ||||||||||||||||||||||||||||||||||||||||||
Total assets | $ | (197 | ) | $ | 762 | $ | 1,275 | $ | 856 | $ | (1,661 | ) | $ | 1,035 | Purchase of noncontrolling interest | — | (24 | ) | — | — | — | (24 | ) | |||||||||||||||||||||||||||
Liabilities and shareholder’s equity | Net cash provided by financing activities | — | 48 | — | 18 | — | 66 | |||||||||||||||||||||||||||||||||||||||||||
Current liabilities: | Effect of exchange rates on cash | — | — | — | (1 | ) | — | (1 | ) | |||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | — | $ | 7 | $ | 90 | $ | 69 | $ | — | $ | 166 | Change in cash and cash equivalents | — | — | 3 | (13 | ) | — | (10 | ) | |||||||||||||||||||||||||||||
Notes payable | — | — | — | 22 | — | 22 | Cash and cash equivalents at beginning of period | — | 9 | — | 56 | — | 65 | |||||||||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | — | 4 | 6 | 11 | — | 21 | ||||||||||||||||||||||||||||||||||||||||||||
Other accrued expenses | — | 23 | 24 | 45 | — | 92 | Cash and cash equivalents at end of period | $ | — | $ | 9 | $ | 3 | $ | 43 | $ | — | $ | 55 | |||||||||||||||||||||||||||||||
Total current liabilities | — | 34 | 120 | 147 | — | 301 | ||||||||||||||||||||||||||||||||||||||||||||
Deferred employee benefits and noncurrent liabilities | — | 8 | 1 | 5 | — | 14 | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||
Long-term debt | — | 916 | — | — | — | 916 | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
Total liabilities | — | 958 | 121 | 152 | — | 1,231 | For the Year Ended December 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||
Total shareholder’s equity | (197 | ) | (196 | ) | 1,154 | 704 | (1,661 | ) | (196 | ) | ||||||||||||||||||||||||||||||||||||||||
Total liabilities and shareholder’s equity | $ | (197 | ) | $ | 762 | $ | 1,275 | $ | 856 | $ | (1,661 | ) | $ | 1,035 | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Elimination | Consolidated | |||||||||||||||||||||||||||||
Guarantor | Total | |||||||||||||||||||||||||||||||||||||||||||||||||
Operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | Net cash provided by (used in) operating activities | $ | — | $ | (20 | ) | $ | 11 | $ | 23 | $ | — | $ | 14 | ||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | Proceeds from sales of assets | — | — | — | 9 | — | 9 | |||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 | Investments in companies, net of cash acquired | — | — | (1 | ) | — | — | (1 | ) | |||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | 5 | — | 5 | ||||||||||||||||||||||||||||||||||||||||||||
Additions to property, plant, and equipment | — | — | (16 | ) | (39 | ) | — | (55 | ) | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Elimination | Consolidated | Other investing activities | — | — | 3 | — | — | 3 | |||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Operating activities | Net cash used in investing activities | — | — | (14 | ) | (25 | ) | — | (39 | ) | ||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | 70 | $ | 6 | $ | 12 | $ | — | $ | 88 | Financing activities | |||||||||||||||||||||||||||||||||||||
Investing activities | Net decrease in other short-term debt | — | — | — | (6 | ) | — | (6 | ) | |||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | 1 | — | 1 | Proceeds from other debt | — | — | — | 20 | — | 20 | |||||||||||||||||||||||||||||||||||||
Additions to property, plant and equipment | — | — | (7 | ) | (12 | ) | — | (19 | ) | Payments of other debt | — | — | — | (10 | ) | — | (10 | ) | ||||||||||||||||||||||||||||||||
Proceeds from sales of assets | — | — | 1 | 3 | — | 4 | Capital contribution | — | — | — | 2 | — | 2 | |||||||||||||||||||||||||||||||||||||
Net proceeds from ABL Revolver | — | 20 | — | — | — | 20 | ||||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (6 | ) | (8 | ) | — | (14 | ) | |||||||||||||||||||||||||||||||||||||||||
Financing activities | Net cash provided by financing activities | — | 20 | — | 6 | — | 26 | |||||||||||||||||||||||||||||||||||||||||||
Net decrease in other short-term debt | — | — | — | (4 | ) | — | (4 | ) | Effect of exchange rates on cash | — | — | — | (2 | ) | — | (2 | ) | |||||||||||||||||||||||||||||||||
Payments of other debt | — | — | — | (2 | ) | — | (2 | ) | Change in cash and cash equivalents | — | — | (3 | ) | 2 | — | (1 | ) | |||||||||||||||||||||||||||||||||
Repayment on Secured Notes | — | (23 | ) | — | — | — | (23 | ) | Cash and cash equivalents at beginning of period | — | 9 | 3 | 43 | — | 55 | |||||||||||||||||||||||||||||||||||
Net payments of ABL Revolver | — | (50 | ) | — | — | — | (50 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of period | $ | — | $ | 9 | $ | — | $ | 45 | $ | — | $ | 54 | ||||||||||||||||||||||||||||||||||||||
Net cash used in financing activities | — | (73 | ) | — | (6 | ) | — | (79 | ) | |||||||||||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Decrease in cash and cash equivalents | — | (3 | ) | — | (2 | ) | — | (5 | ) | Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at beginning of the period | — | 9 | — | 45 | — | 54 | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of the period | $ | — | $ | 6 | $ | — | $ | 43 | $ | — | $ | 49 | For the Year Ended December 31, 2012 | |||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | (Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Elimination | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Total | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | Operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | Net cash provided by (used in) operating activities | $ | — | $ | 151 | $ | (58 | ) | $ | 4 | $ | — | $ | 97 | ||||||||||||||||||||||||||||||||||||
Investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from sales of assets | — | — | 1 | 3 | — | 4 | ||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Elimination | Consolidated | Additions to property, plant, and equipment | — | — | (8 | ) | (19 | ) | — | (27 | ) | ||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Operating activities | Net cash used in investing activities | — | — | (7 | ) | (16 | ) | — | (23 | ) | ||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | 43 | $ | 10 | $ | 16 | $ | — | $ | 69 | Financing activities | |||||||||||||||||||||||||||||||||||||
Investing activities | Net decrease in other short-term debt | — | — | — | (4 | ) | — | (4 | ) | |||||||||||||||||||||||||||||||||||||||||
Investment in companies, net of cash acquired | — | — | — | (1 | ) | — | (1 | ) | Payments of other debt | — | — | — | (2 | ) | — | (2 | ) | |||||||||||||||||||||||||||||||||
Additions to property, plant and equipment | — | — | (10 | ) | (8 | ) | — | (18 | ) | Repayment on Secured Notes | — | (23 | ) | — | — | — | (23 | ) | ||||||||||||||||||||||||||||||||
Net payments of ABL Revolver | — | (110 | ) | — | — | — | (110 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (10 | ) | (9 | ) | — | (19 | ) | Cash related to the deconsolidation of BPI | — | — | (11 | ) | — | — | (11 | ) | ||||||||||||||||||||||||||||||||
Financing activities | Proceeds from BPI’s new credit facility | — | — | 76 | — | — | 76 | |||||||||||||||||||||||||||||||||||||||||||
Net decrease in other short-term debt | — | — | — | (1 | ) | — | (1 | ) | Payment of deferred financing costs | — | (1 | ) | — | — | — | (1 | ) | |||||||||||||||||||||||||||||||||
Repayment of Secured Notes | — | (195 | ) | — | — | — | (195 | ) | Purchase of noncontrolling interest | — | (3 | ) | — | — | — | (3 | ) | |||||||||||||||||||||||||||||||||
Repayment of Subordinated Notes | — | (367 | ) | — | — | — | (367 | ) | ||||||||||||||||||||||||||||||||||||||||||
Repayment on Term Loans | — | (1 | ) | — | — | — | (1 | ) | Net cash provided by (used in) financing activities | — | (136 | ) | 65 | (6 | ) | — | (78 | ) | ||||||||||||||||||||||||||||||||
Proceeds from Senior Notes | — | 250 | — | — | — | 250 | Effect of exchange rates on cash | — | — | — | 1 | — | 1 | |||||||||||||||||||||||||||||||||||||
Proceeds from Term Loans | — | 667 | — | — | — | 667 | Change in cash and cash equivalents | — | 14 | — | (17 | ) | — | (3 | ) | |||||||||||||||||||||||||||||||||||
Distribution to our shareholder | — | (352 | ) | — | — | — | (352 | ) | Cash and cash equivalents at beginning of period | — | 9 | — | 45 | — | 54 | |||||||||||||||||||||||||||||||||||
Payment of deferred financing costs | — | (15 | ) | — | — | — | (15 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of period | $ | — | $ | 23 | $ | — | $ | 28 | $ | — | $ | 51 | ||||||||||||||||||||||||||||||||||||||
Net cash used in financing activities | — | (13 | ) | — | (1 | ) | — | (14 | ) | |||||||||||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Increase in cash and cash equivalents | — | 30 | — | 5 | — | 35 | ||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at beginning of the period | — | 23 | — | 28 | — | 51 | ||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of the period | $ | — | $ | 53 | $ | — | $ | 33 | $ | — | $ | 86 | ||||||||||||||||||||||||||||||||||||||
Basis_of_Presentation
Basis of Presentation | 9 Months Ended |
Sep. 30, 2013 | |
Organization Consolidation And Presentation Of Financial Statements [Abstract] | ' |
Basis of Presentation | ' |
Note 2. Basis of Presentation | |
The interim financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”) and such principles are applied on a basis consistent with information reflected in our Form 10-K for the year ended December 31, 2012 filed with the Securities and Exchange Commission (“SEC”). Certain information and footnote disclosures normally included in financial statements prepared in accordance with U.S. GAAP have been condensed or omitted pursuant to the rules and regulations promulgated by the SEC. In the opinion of management, the interim financial information includes all adjustments and accruals, consisting only of normal recurring adjustments, which are necessary for a fair presentation of results for the respective interim period. |
New_Accounting_Pronouncements
New Accounting Pronouncements | 9 Months Ended |
Sep. 30, 2013 | |
Accounting Changes And Error Corrections [Abstract] | ' |
New Accounting Pronouncements | ' |
Note 3. New Accounting Pronouncements | |
Adopted Accounting Pronouncements | |
In February 2013, the FASB issued Accounting Standards Update (“ASU”) 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. This guidance is effective for reporting periods beginning after December 15, 2012. The implementation of ASU 2013-02 resulted in financial statement disclosure changes only. Please refer to “Note 16. Changes in Accumulated Other Comprehensive Income (Loss)” for disclosure. | |
In July 2012, the FASB amended Accounting Standards Codification (“ASC”) 350, “Intangibles—Goodwill and Other” with ASU 2012-02, “Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-lived Intangible Assets for Impairment.” Under the revised guidance, an organization has the option to first assess qualitative factors to determine whether it is necessary to perform the quantitative impairment test. An organization electing to perform a qualitative assessment is no longer required to calculate the fair value of an indefinite-lived intangible asset unless the organization determines, based on a qualitative assessment, that it is “more likely than not” that the asset is impaired. The guidance is effective for impairment tests for fiscal years beginning after September 15, 2012. We test indefinite-lived intangible assets for impairment on an annual basis as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. Adoption of this guidance will not impact our financial condition or results of operations. | |
Accounting Pronouncements Not Yet Adopted | |
In July 2013, the FASB issued ASU 2013-10, “Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes.” ASU 2013-10 allows the Fed Funds Effective Swap Rate (OIS) to be designated as a U.S. benchmark interest rate for hedge accounting purposes, in addition to interest rates on direct Treasury obligations of the U.S. government and the London Interbank Offered Rate. The amendments also remove the restriction on using different benchmark rates for similar hedges. The amendments are effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The Company does not anticipate the requirements of ASU 2013-10 will have a material impact on the condensed consolidated financial statements. | |
In July 2013, the FASB issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” ASU 2013-11 clarifies guidance and eliminates diversity in practice on the presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. This new guidance is effective for annual reporting periods beginning on or after December 15, 2013 and subsequent interim periods. The Company is currently assessing the impact, if any, on the condensed consolidated financial statements. |
Refinancing
Refinancing | 9 Months Ended | ||||||||||||||
Sep. 30, 2013 | |||||||||||||||
Text Block [Abstract] | ' | ||||||||||||||
Refinancing | ' | ||||||||||||||
Note 4. Refinancing | |||||||||||||||
On April 25, 2013, we refinanced our existing notes and credit facilities and made a distribution to Holdings, our shareholder. The refinancing consisted of the issuance of $250 million aggregate principal amount 7.75% Senior Notes due May 1, 2021 (the “Senior Notes”), a $200 million term loan due April 25, 2016 (“Term Loan B-1”), a $470 million term loan due April 25, 2020 (“Term Loan B-2,” and together with Term Loan B-1, the “Term Loans”), the proceeds of which we used, together with $31 million of cash on hand, to redeem our 10.75% Senior Secured Notes due 2016 (the “Secured Notes”), redeem our 9% Senior Subordinated Notes due 2014 (the “Subordinated Notes”), pay fees and expenses in connection with the refinancing transaction and make a $350 million distribution to Holdings. Holdings used the distribution to redeem its Preferred Shares, repay $61 million of the note (the “Seller Note”) issued by Holdings to Dana as part of the financing in connection with our acquisition of substantially all of the aftermarket business operations of Dana in 2004 and make a distribution of $133 million to its stockholders. We replaced our existing asset-based revolving credit facility (the “Old ABL Revolver”) with a new asset-based revolving credit facility (our “ABL Revolver”) on April 25, 2013. The ABL Revolver matures on April 25, 2018 and comprises a revolving credit facility of up to $175 million for borrowings solely to the U.S. domestic borrowers, including (a) a $30 million sub-limit for letters of credit and (b) a $15 million swingline facility. Availability under the ABL Revolver is based upon monthly (or more frequent under certain circumstances) borrowing base valuations of our eligible inventory and accounts receivable, among other things, and is reduced by certain reserves in effect from time to time. | |||||||||||||||
The sources and uses of proceeds of the refinancing consisted of the following: | |||||||||||||||
(Dollars in millions) | Sources | Uses | |||||||||||||
Term Loan B-1(1) | $ | 199 | Redeemed Secured Notes | $ | 180 | ||||||||||
Term Loan B-2(1) | 468 | Redeemed Subordinated Notes | 367 | ||||||||||||
Senior Notes | 250 | Distribution to Shareholder: | |||||||||||||
Cash on hand | 31 | Redeemed Holdings’ Preferred Shares(2) | 156 | ||||||||||||
Repaid Holdings’ Seller Note(2) | 61 | ||||||||||||||
Distribution to Holdings’ Stockholders(2) | 133 | ||||||||||||||
Total distribution to Shareholder(2) | 350 | ||||||||||||||
Interest payments on Secured and Subordinated Notes | 21 | ||||||||||||||
Call premium on Secured Notes | 15 | ||||||||||||||
Deferred financing costs(3) | 15 | ||||||||||||||
$ | 948 | $ | 948 | ||||||||||||
-1 | Less original issue discount of $2 million for Term Loan B-2 and $1 million for Term Loan B-1. | ||||||||||||||
-2 | A distribution to our shareholder of $350 million was used for redemption of its preferred shares, payment of its debt and a distribution to its stockholders. | ||||||||||||||
-3 | The deferred financing costs paid on the date of the refinancing were $13 million and $2 million was subsequently paid in the remainder of the second quarter of 2013. | ||||||||||||||
During the second quarter of 2013, we made a distribution of $351 million to Holdings of which $350 million related to the refinancing, as previously described, and $1 million related to the payment of Holdings’ operating expenses. Subsequently in the third quarter of 2013, we made an additional $1 million distribution related to our deferred compensation plan. |
Legal_Proceedings
Legal Proceedings | 9 Months Ended |
Sep. 30, 2013 | |
Commitments And Contingencies Disclosure [Abstract] | ' |
Legal Proceedings | ' |
Note 12. Legal Proceedings | |
Various claims, lawsuits and administrative proceedings are pending or threatened against us and our subsidiaries, arising from the ordinary course of business with respect to commercial, intellectual property, product liability and environmental matters. We believe that the ultimate resolution of the foregoing matters will not have a material effect on our financial condition or results of operations or liquidity. | |
On September 30, 2011, we entered into a settlement agreement with Satisfied Brake Products Inc. (“Satisfied”) for $10 million to settle our claims against Satisfied for their theft of our trade secrets. Upon execution of the settlement agreement, $2.5 million was due immediately and up to an additional $7.5 million is to be provided after liquidation of Satisfied’s business. On September 30, 2011, we recorded a gain of $2.5 million in continuing operations in the consolidated financial statements. Additionally, we recorded $4 million as a gain in continuing operations in the first nine months of 2012. The remaining claim against Satisfied was included in the distribution of the Brake North America and Asia group to our shareholders. | |
On January 28, 2013, Walker Morris, counsel for Neovia Logistics Services (U.K.) Limited (“Neovia”) (formerly known as Caterpillar Logistics Services (U.K.) Limited) notified us that Quinton Hazell Automotive Limited (“QHAL”) intended to appoint administrators (comparable to a bankruptcy filing in the United States) and that Neovia may pursue a claim against us for liabilities arising out of a Logistics Services Agreement dated May 5, 2006 among Neovia, QHAL and Affinia Group Inc. (the “LSA”). In connection with our prior sale of QHAL and its related companies to Klarius Group Ltd. (“KGL”), Affinia Group Inc. assigned the LSA to KGL, KGL agreed to indemnify Affinia Group Inc. against any liability under the LSA and the other companies in the QHAL group agreed to provide a guarantee to Affinia Group Inc. against these liabilities. KGL and QHAL have both appointed administrators. By letter dated February 15, 2013, Neovia, through its counsel Walker Morris, notified us that Neovia is asserting a claim against Affinia Group Inc. for liabilities arising under the LSA, including asserted unpaid invoices totaling 5.7 million pounds. On March 28, 2013, we were served with a demand for arbitration by Neovia. We filed our response on April 29, 2013. In the first quarter of 2013, we recorded an expense for $5 million, partially offset by a $2 million tax benefit, based on our early evaluations of the Neovia claim. In the third quarter of 2013, we re-evaluated the claim and have increased our estimate of the reserve to $9 million. We intend to vigorously defend this matter. During the third quarter of 2013, we revised the presentation of the Neovia claim which was previously recorded in loss from discontinued operations, net of tax, for $3 million in the first quarter of 2013. The reserve of $9 million for the Neovia claim is now presented within selling, general and administrative expenses in the unaudited consolidated statements of operations for the first nine months of 2013. | |
The Company has various accruals for civil liability, including product liability, and other costs. If there is a range of equally probable outcomes, we accrue at the lower end of the range. The Company had $1 million and $11 million accrued as of December 31, 2012 and September 30, 2013, respectively, in other accrued expenses. The increase in the accrual from December 31, 2012 to September 30, 2013 was mainly due to the Neovia claim. In addition, we have various other claims that are reasonably possible of occurrence that range from less than $1 million to $11 million in the aggregate. There are no recoveries expected from third parties. | |
Changes_in_Accumulated_Other_C
Changes in Accumulated Other Comprehensive Income (Loss) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Equity [Abstract] | ' | ||||||||||||||||
Changes in Accumulated Other Comprehensive Income (Loss) | ' | ||||||||||||||||
Note 16. Changes in Accumulated Other Comprehensive Income (Loss) | |||||||||||||||||
Changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended September 30, 2013: | |||||||||||||||||
(Dollars in millions) | Interest rate swap, | Pension | Foreign | Total | |||||||||||||
net of tax | adjustments | currency | accumulated | ||||||||||||||
translation | other | ||||||||||||||||
adjustment | comprehensive | ||||||||||||||||
loss | |||||||||||||||||
Balance at July 1, 2013 | $ | 6 | $ | (2 | ) | $ | (24 | ) | $ | (20 | ) | ||||||
Other comprehensive income (loss) before reclassifications | (2 | ) | — | 2 | — | ||||||||||||
Amounts reclassified from accumulated other comprehensive income | 1 | — | — | 1 | |||||||||||||
Net current-period other comprehensive income (loss) | (1 | ) | — | 2 | 1 | ||||||||||||
Balance at September 30, 2013 | $ | 5 | $ | (2 | ) | $ | (22 | ) | $ | (19 | ) | ||||||
Changes in accumulated other comprehensive income (loss) by component, net of tax, for the nine months ended September 30, 2013: | |||||||||||||||||
(Dollars in millions) | Interest rate swap, | Pension | Foreign | Total | |||||||||||||
net of tax | adjustments | currency | accumulated | ||||||||||||||
translation | other | ||||||||||||||||
adjustment | comprehensive | ||||||||||||||||
loss | |||||||||||||||||
Balance at January 1, 2013 | $ | — | $ | (2 | ) | $ | (7 | ) | $ | (9 | ) | ||||||
Other comprehensive income (loss) before reclassifications | 4 | — | (15 | ) | (11 | ) | |||||||||||
Amounts reclassified from accumulated other comprehensive income | 1 | — | — | 1 | |||||||||||||
Net current-period other comprehensive income (loss) | 5 | — | (15 | ) | (10 | ) | |||||||||||
Balance at September 30, 2013 | $ | 5 | $ | (2 | ) | $ | (22 | ) | $ | (19 | ) | ||||||
Subsequent_Event
Subsequent Event | 9 Months Ended |
Sep. 30, 2013 | |
Subsequent Events [Abstract] | ' |
Subsequent Event | ' |
Note 18. Subsequent Event | |
On October 15, 2013, we announced that we will relocate our corporate office from Ann Arbor, Michigan to Gastonia, North Carolina, which is home to our Filtration group. The transition to the new corporate headquarters will occur in phases during 2014. We are still in the planning stages of this transition and as a consequence the expected costs of this reorganization plan are still being formulated. |
Schedule_IIValuation_and_Quali
Schedule II-Valuation and Qualifying Accounts and Reserves | 12 Months Ended | ||||||||||||||||||||
Dec. 31, 2012 | |||||||||||||||||||||
Valuation And Qualifying Accounts [Abstract] | ' | ||||||||||||||||||||
Schedule II-Valuation and Qualifying Accounts and Reserves | ' | ||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||
Schedule II(a)—Valuation and Qualifying Accounts and Reserves | |||||||||||||||||||||
Allowance for Doubtful Accounts Receivable | |||||||||||||||||||||
(Dollars in millions) | Balance | Amounts | Trade | Adjustments | Balance at | ||||||||||||||||
at beginning | charged to | accounts | arising from | end of | |||||||||||||||||
of period | income | receivable | change in | period | |||||||||||||||||
“written off” | currency | ||||||||||||||||||||
net of | exchange | ||||||||||||||||||||
recoveries | rates and | ||||||||||||||||||||
other items | |||||||||||||||||||||
Year ended December 31, 2010 | $ | 3 | $ | — | $ | — | $ | (1 | ) | $ | 2 | ||||||||||
Year ended December 31, 2011(1) | $ | 2 | $ | 1 | $ | — | $ | (2 | ) | $ | 1 | ||||||||||
Year ended December 31, 2012(1) | $ | 1 | $ | 2 | $ | (1 | ) | $ | 1 | $ | 3 | ||||||||||
-1 | The allowance for doubtful accounts excludes the $1 million reserve as of December 31, 2011, which is classified in the current assets of discontinued operations. |
Summary_of_Significant_Account1
Summary of Significant Accounting Policies (Policies) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Accounting Policies [Abstract] | ' | ' |
Principles of Consolidation | ' | ' |
Principles of Consolidation | ||
In accordance with ASC Topic 810, “Consolidation,” the consolidated financial statements include the accounts of Affinia and its wholly and majority owned subsidiaries and variable interest entities (“VIE”) for which Affinia (or one of its subsidiaries) is the primary beneficiary. All intercompany transactions have been eliminated. Equity investments in which we exercise significant influence but do not control are accounted for using the equity method. Investments in which we are not able to exercise significant influence over the investee are accounted for under the cost method. | ||
Use of Estimates | ' | ' |
Use of Estimates | ||
The preparation of these consolidated financial statements requires estimates and assumptions that affect the amounts reported in these consolidated financial statements and accompanying notes. Some of the more significant estimates include valuation of deferred tax assets and inventories; workers compensation; sales return, rebate and warranty accruals; restructuring, environmental and product liability accruals; valuation of postemployment and postretirement benefits and allowances for doubtful accounts. Actual results may differ from these estimates and assumptions. | ||
Concentration of Credit Risk | ' | ' |
Concentration of Credit Risk | ||
The primary type of financial instruments that potentially subject the Company to concentrations of credit risk are trade accounts receivable. The Company limits its credit risk by performing ongoing credit evaluations of its customers and, when deemed necessary, requires letters of credit, guarantees or collateral. The majority of the Company’s accounts receivable is due from replacement parts wholesalers and retailers serving the aftermarket. | ||
The Company’s net sales to its two largest customers as a percentage of total net sales from continuing operations for the year ended December 31, 2012, were 26%, and 7%; for the year ended December 31, 2011, were 26% and 8%; and for the year ended December 31, 2010, were 27% and 6%. Net sales represent the amounts invoiced to customers after adjustments related to rebates, returns and discounts. The Company provides reserves for rebates, returns and discounts at the time of sale which are subsequently applied to the account of specific customers based upon actual activity including the attainment of targeted volumes. The Company’s two largest customers’ accounts receivable as of December 31, 2012 represented approximately 23% and 5% of the total accounts receivable. The Company’s two largest customers’ accounts receivable, which includes continuing and discontinued operations, as of December 31, 2011 represented approximately 32% and 9% of the total accounts receivable. | ||
Foreign Currency Translation | ' | ' |
Foreign Currency Translation | ||
Assets and liabilities recorded in foreign currencies are translated at the exchange rate on the balance sheet date. Revenue and expenses are translated at average rates of exchange prevailing during the year. Translation adjustments resulting from this process are charged or credited to Other Comprehensive Income. | ||
Included in net income (loss) are the gains and losses arising from foreign currency transactions. The impact on income from continuing operations before income tax provision, equity in income and noncontrolling interest of foreign currency transactions including the results of our foreign currency hedging activities amounted to a loss of $2 million, loss of $1 million and gain of $2 million in 2010, 2011 and 2012, respectively. | ||
Cash and Cash Equivalents | ' | ' |
Cash and Cash Equivalents | ||
Cash and cash equivalents include all cash balances and highly liquid investments with original maturities of three months or less. | ||
Restricted Cash | ' | ' |
Restricted Cash | ||
Restricted cash relates to deposits requested by banks for notes payables issued to our Chinese brake suppliers in relation to its purchases. | ||
Accounts receivable and Allowance for doubtful accounts | ' | ' |
Accounts receivable | ||
We record trade accounts receivable when revenue is recorded in accordance with our revenue recognition policy and relieve accounts receivable when payments are received from customers. Generally, we do not require collateral for our accounts receivable. | ||
Allowance for doubtful accounts | ||
The allowance for doubtful accounts is established through charges to the provision for bad debts. We evaluate the adequacy of the allowance for doubtful accounts on a periodic basis. The evaluation includes historical trends in collections and write-offs, management’s judgment of the probability of collecting accounts, and management’s evaluation of business risk. This evaluation is inherently subjective, as it requires estimates that are susceptible to revision as more information becomes available. The allowance for doubtful accounts was $1 million and $3 million at December 31, 2011 and 2012, respectively. | ||
Inventories | ' | ' |
Inventories | ||
Inventories are valued at the lower of cost or market. Cost is determined on the FIFO basis for all domestic inventories or average cost basis for non-U.S. inventories. | ||
Goodwill | ' | ' |
Goodwill | ||
Goodwill is not amortized, but instead the Company evaluates goodwill for impairment, as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. In assessing the recoverability of goodwill, we perform a qualitative or quantitative assessment to test for impairment annually. If we determine, on the basis of qualitative factors, that a quantitative impairment test is required estimated future cash flows and other factors are made to determine the fair value of the respective reporting unit. If these estimates or related projections change in the future, we may be required to record impairment charges for goodwill at that time. | ||
Intangibles | ' | ' |
Intangibles | ||
We have trade names with indefinite lives and other intangibles with definite lives. We test trade names for impairment on an annual basis as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. Trade names are tested for impairment by comparing the fair value to their carrying values. | ||
Our intangibles with definite lives consist of customer relationships, patents and developed technology. These assets are amortized on a straight-line basis over estimated useful lives ranging from 5 to 20 years. Certain conditions may arise that could result in a change in useful lives or require us to perform a valuation to determine if the definite lived intangibles are impaired. | ||
Deferred Financing Costs | ' | ' |
Deferred Financing Costs | ||
Deferred financing costs are incurred to obtain long-term financing and are amortized using the effective interest method over the term of the related debt. The amortization of deferred financing costs is classified in interest expense in the statement of operations. | ||
Properties and Depreciation | ' | ' |
Properties and Depreciation | ||
Fixed assets are being depreciated over their estimated remaining lives using primarily the straight-line method for financial reporting purposes and accelerated depreciation methods for federal income tax purposes. Major additions and improvements are capitalized and depreciated over their estimated useful lives, and repairs and maintenance are charged to expense in the period incurred. We review long-lived assets for impairment and general accounting principles require recognition of an impairment loss only if the carrying amount of a long-lived asset is not recoverable from its undiscounted cash flows. If the long-lived asset is not recoverable, we measure an impairment loss as the difference between the carrying amount and fair value of the asset. | ||
Useful lives for buildings and building improvements, machinery and equipment, tooling and office equipment, furniture and fixtures principally range from 20 to 30 years, five to ten years, three to five years and three to ten years, respectively. Upon retirement or other disposal of fixed assets, the cost and related accumulated depreciation are eliminated from the asset and accumulated depreciation accounts, respectively. The difference, if any, between the net asset value and the proceeds is recorded as a gain or loss on disposition. | ||
Revenue Recognition | ' | ' |
Revenue Recognition | ||
Sales are recognized when products are shipped or received, depending on the contractual terms, and risk of loss has transferred to the customer. The Company estimates and records provisions for warranty costs, sales returns, rebates and other allowances based on experience and other relevant factors, when sales are recognized. The Company assesses the adequacy of its recorded warranty, sales returns, rebates and allowances liabilities on a regular basis and adjusts the recorded amounts as necessary. While management believes that these estimates are reasonable, warranty costs, actual returns, rebates and allowances may differ from estimates. Shipping and handling fees billed to customers are included in sales and the costs of shipping and handling are included in cost of sales. Inter-company sales have been eliminated. | ||
Income Taxes | ' | ' |
Income Taxes | ||
Income taxes are recognized during the period in which transactions enter into the determination of financial statement income, with deferred income taxes being provided for the tax effect of temporary differences between the carrying amount of assets and liabilities and their tax basis. Deferred income taxes are provided on the undistributed earnings of foreign subsidiaries and affiliated companies except to the extent such earnings are considered to be permanently reinvested in the subsidiary or affiliate. In cases where foreign tax credits will not offset U.S. income taxes, appropriate provisions are included in the combined or consolidated statement of operations. | ||
The Company accounts for uncertain tax positions in accordance with ASC Topic 740, “Income Taxes.” Accordingly, the Company reports liability for unrecognized tax benefits resulting from uncertain tax positions taken or expected to be taken in a tax return. The Company recognizes interest and penalties, if any, related to unrecognized tax benefits in income tax expense. | ||
Financial Instruments | ' | ' |
Financial Instruments | ||
The reported fair values of financial instruments, consisting of cash and cash equivalents, trade accounts receivable and long-term debt, are based on a variety of factors. Where available, fair values represent quoted market prices for identical or comparable instruments. Where quoted market prices are not available, fair values are estimated based on assumptions concerning the implied market volatilities, amount and timing of estimated future cash flows and assumed discount rates reflecting varying degrees of credit and market risk. Fair values may not represent actual values of the financial instruments that could be realized as of the balance sheet date or that will be realized in the future. As of December 31, 2011 and 2012, the book value of some of our financial instruments, consisting of cash and cash equivalents and trade accounts receivable, approximated their fair values. The fair value of long-term debt is disclosed in “Note 8. Debt.” | ||
Environmental Compliance and Remediation | ' | ' |
Environmental Compliance and Remediation | ||
Environmental expenditures that relate to current operations are expensed or capitalized as appropriate. Expenditures that relate to existing conditions caused by past operations which do not contribute to current or future revenue generation are expensed. Liabilities are recorded when environmental assessments and/or remedial efforts are probable and the costs can be reasonably estimated. Estimated costs are based upon current laws and regulations, existing technology and the most probable method of remediation. The costs are not discounted and exclude the effects of inflation. If the cost estimates result in a range of equally probable amounts, the lower end of the range is accrued. | ||
Pension Plans | ' | ' |
Pension Plans | ||
The Company maintains six defined benefit pension plans associated with its Canadian operations. The annual net periodic pension costs are determined on an actuarial basis. During the last two years we have purchased annuities for almost all of the participants of the pension plans as we are in the process of winding down the plans. The remaining assets and liabilities related to the plan have been reduced to immaterial amounts. | ||
Advertising Costs and Promotional Programs | ' | ' |
Advertising Costs | ||
Advertising expenses included in continuing operations were $19 million, $26 million and $22 million for the years 2010, 2011, and 2012, respectively. The advertising expenses included in discontinued operations, were $8 million, $7 million and $5 million for the years 2010, 2011, and 2012, respectively. Advertising costs are recognized as selling expenses at the time advertising is incurred. | ||
Promotional Programs | ||
Cooperative advertising programs conducted with customers that promote the Company’s products are accrued as a rebate based on anticipated total amounts to be rebated to customers over the period of the agreement with the customer. Aftermarket distributors typically source their product lines at a particular price point and product category with one “full-line” supplier, such as our company, which covers substantially all of their product requirements. Switching to a new supplier typically requires that a distributor or supplier make a substantial investment to purchase, or “changeover” to, the new supplier’s products. The changeover costs and other incentives incurred in connection with obtaining new business are recognized as selling expense in the period in which the changeover from a competitor’s product to the Company’s product occurs. Infrequently, we enter into a contract with a customer for a set period of time that requires the reimbursement of the incentive by the customer if the future conditions of the contract are not met. In these infrequent cases the incentive is recorded as a reduction of revenue over the life of the contract. | ||
Insurance | ' | ' |
Insurance | ||
We use a combination of insurance and self-insurance for a number of risks, including workers’ compensation, general liability, vehicle liability and the company-funded portion of employee-related health care benefits. Liabilities associated with these risks are estimated in part by considering historical claims experience, demographic factors, severity factors and other actuarial assumptions. | ||
Research and Development Costs | ' | ' |
Research and Development Costs | ||
Research and development expenses included in continuing operations are charged to operations as incurred. The Company incurred less than $1 million for the year ended 2010 and $1 million for the years ended 2011 and 2012. | ||
Free-Standing Derivatives | ' | ' |
In July 2013, the FASB issued ASU 2013-10, “Inclusion of the Fed Funds Effective Swap Rate (or Overnight Index Swap Rate) as a Benchmark Interest Rate for Hedge Accounting Purposes.” ASU 2013-10 allows the Fed Funds Effective Swap Rate (OIS) to be designated as a U.S. benchmark interest rate for hedge accounting purposes, in addition to interest rates on direct Treasury obligations of the U.S. government and the London Interbank Offered Rate. The amendments also remove the restriction on using different benchmark rates for similar hedges. The amendments are effective prospectively for qualifying new or redesignated hedging relationships entered into on or after July 17, 2013. The Company does not anticipate the requirements of ASU 2013-10 will have a material impact on the condensed consolidated financial statements. | Free-Standing Derivatives | |
The Company is subject to various financial risks during the normal course of business operations, including but not limited to, adverse changes to interest rates, currency exchange rates, counterparty creditworthiness, and commodity prices. Pursuant to prudent risk management principles, the Company may utilize appropriate financial derivative instruments in order to mitigate the potential impact of these factors. The Company’s policies strictly prohibit the use of derivatives for speculative purposes. | ||
In 2011 and 2012, the Company’s derivative instrument usage was limited to standard currency forward contracts intended to offset the earnings impact related to the periodic revaluation of specific non-functional currency denominated monetary working capital accounts and intercompany financing arrangements. | ||
The Company does not seek hedge accounting treatment for its currency forward contacts because the earnings impact from both the underlying exposures and the hedge transactions are recognized in each accounting period. | ||
Stock-Based Compensation and Deferred Compensation Plan | ' | ' |
Stock-Based Compensation | ||
We account for the employee stock options under the fair value method of accounting using a Black-Scholes model to measure stock-based compensation expense at the date of grant. The compensation expense for the year was less than $1 million in 2010 and nil in each of 2011 and 2012. | ||
On July 20, 2005, Affinia Group Holdings Inc. adopted the 2005 Stock Plan. The 2005 Stock Plan was amended on August 25, 2010 and on December 2, 2010 to increase the maximum shares of common stock that may be subject to awards. The 2005 Stock Plan permits the grant of non-qualified stock options, incentive stock options, stock appreciation rights, restricted stock and other stock-based awards to employees, directors or consultants of the Company and its affiliates. A maximum of 350,000 shares of common stock may be subject to awards under the 2005 Stock Plan. The number of shares issued or reserved pursuant to the 2005 Stock Plan (or pursuant to outstanding awards) is subject to adjustment on account of mergers, consolidations, reorganizations, stock splits, stock dividends and other dilutive changes in the common stock. Shares of common stock covered by awards that terminate or lapse and shares delivered by a participant or withheld to pay the minimum statutory withholding rate, in each case, will again be available for grant under the 2005 Stock Plan. Refer to “Note 10. Stock Incentive Plan” for further information on and discussion of our stock options. | ||
On August 25, 2010 and December 23, 2011, Affinia Group Holdings Inc. commenced an offer to certain eligible holders of stock options to exchange their existing options to purchase shares of Affinia Group Holdings Inc. common stock for restricted stock unit awards (“RSUs”). The RSUs granted in connection with the option exchange are governed by the 2005 Stock Plan and a new Restricted Stock Unit Agreement. The RSUs are subject to performance-based and market-based vesting restrictions, which differ from the performance and time-based vesting restrictions applicable to the exchanged stock options. We will estimate the fair value of restricted stock unit awards using the value of Affinia Group Holdings Inc.’s common stock on the date of grant, reduced by the present value of Affinia Group Holdings Inc.’s common stock prior to vesting. The fair value of the RSUs will be expensed either pro rata over the requisite service term or in full if the requisite service period has passed when the RSUs vest in accordance with the performance conditions listed above. Stock-based compensation expense, which would be recorded in selling, general and administrative expenses, and tax related income tax benefits was not recorded for 2010, 2011 or 2012 as the performance condition had not been met. | ||
Deferred Compensation Plan | ||
We started a deferred compensation plan in 2008 that permits executives to defer receipt of all or a portion of the amounts payable under our non-equity incentive compensation plan. All amounts deferred are treated solely for purposes of the plan to have been notionally invested in the common stock of Affinia Group Holdings Inc. As such, the accounts under the plan will reflect investment gains and losses associated with an investment in Affinia Group Holdings Inc.’s common stock. We match 25% of the deferral with an additional notional investment in common stock of Affinia Group Holdings Inc., which is subject to vesting as provided in the plan. | ||
Comprehensive Income | ' | ' |
In June 2011, the Financial Accounting Standards Board (the “FASB”) amended ASC 220, “Comprehensive Income” with ASU 2011-05, “Comprehensive Income (Topic 220)—Presentation of Comprehensive Income,” which revises the manner in which comprehensive income is presented in an entity’s financial statements. This update requires the presentation of the components of comprehensive income in either a continuous statement of comprehensive income or in two separate but consecutive financial statements. The option to present comprehensive income on the statement of stockholders’ equity has been eliminated. The provisions of this update are effective for fiscal years, and interim periods within those years, beginning after December 15, 2011. We adopted ASU 2011-05 for the quarter ending March 31, 2012 and retrospectively for the quarter ending March 31, 2011. The implementation of this update resulted in presentation changes only. | ||
Intangibles - Goodwill and Other | ' | ' |
In September 2011, the FASB amended ASC 350, “Intangibles—Goodwill and Other” with ASU 2011-08, “Intangibles—Goodwill and Other (Topic 350): Testing Goodwill for Impairment.” Under the revised guidance, entities testing goodwill for impairment have the option of performing a qualitative assessment before calculating the fair value of a reporting unit in step 1 of the goodwill impairment test. If entities determine, on the basis of qualitative factors, that the fair value of a reporting unit is not more likely than not less than the carrying amount, the two-step impairment test would not be required. Otherwise, further testing would be needed. The amendments are effective for all entities for annual and interim goodwill impairment tests performed for fiscal years beginning after December 15, 2011. We adopted ASU 2011-08 for the fiscal year ending December 31, 2011 because early adoption was permitted. | ||
Accounting Pronouncements Not Yet Adopted | ||
In July 2012, the FASB amended ASC 350, “Intangibles—Goodwill and Other” with ASU 2012-02, “Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-lived Intangible Assets for Impairment.” Under the revised guidance, an organization has the option to first assess qualitative factors to determine whether it is necessary to perform the quantitative impairment test. An organization electing to perform a qualitative assessment is no longer required to calculate the fair value of an indefinite-lived intangible asset unless the organization determines, based on a qualitative assessment, that it is “more likely than not” that the asset is impaired. The guidance is effective for impairment tests for fiscal years beginning after September 15, 2012. Earlier application is permitted for us prior to the issuance of our upcoming annual or interim filings. | ||
Comprehensive Income | ' | ' |
In February 2013, the FASB issued Accounting Standards Update (“ASU”) 2013-02, “Comprehensive Income (Topic 220): Reporting of Amounts Reclassified Out of Accumulated Other Comprehensive Income,” which requires an entity to report the effect of significant reclassifications out of accumulated other comprehensive income on the respective line items in net income if the amount being reclassified is required under U.S. GAAP to be reclassified in its entirety to net income. For other amounts that are not required under U.S. GAAP to be reclassified in their entirety to net income in the same reporting period, an entity is required to cross-reference other disclosures required under U.S. GAAP that provide additional detail about those amounts. This guidance is effective for reporting periods beginning after December 15, 2012. The implementation of ASU 2013-02 resulted in financial statement disclosure changes only. Please refer to “Note 16. Changes in Accumulated Other Comprehensive Income (Loss)” for disclosure. | ||
Intangibles - Goodwill and Other | ' | ' |
In July 2012, the FASB amended Accounting Standards Codification (“ASC”) 350, “Intangibles—Goodwill and Other” with ASU 2012-02, “Intangibles—Goodwill and Other (Topic 350): Testing Indefinite-lived Intangible Assets for Impairment.” Under the revised guidance, an organization has the option to first assess qualitative factors to determine whether it is necessary to perform the quantitative impairment test. An organization electing to perform a qualitative assessment is no longer required to calculate the fair value of an indefinite-lived intangible asset unless the organization determines, based on a qualitative assessment, that it is “more likely than not” that the asset is impaired. The guidance is effective for impairment tests for fiscal years beginning after September 15, 2012. We test indefinite-lived intangible assets for impairment on an annual basis as of December 31 of each year, unless conditions arise that would require a more frequent evaluation. Adoption of this guidance will not impact our financial condition or results of operations. | ||
Unrecognized Tax Benefit | ' | ' |
In July 2013, the FASB issued ASU 2013-11, “Presentation of an Unrecognized Tax Benefit When a Net Operating Loss Carryforward, a Similar Tax Loss, or a Tax Credit Carryforward Exists.” ASU 2013-11 clarifies guidance and eliminates diversity in practice on the presentation of unrecognized tax benefits when a net operating loss carryforward, a similar tax loss, or a tax credit carryforward exists at the reporting date. This new guidance is effective for annual reporting periods beginning on or after December 15, 2013 and subsequent interim periods. The Company is currently assessing the impact, if any, on the condensed consolidated financial statements. |
Discontinued_Operation_Tables
Discontinued Operation (Tables) | 9 Months Ended | 12 Months Ended | |||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||
Brake [Member] | Quinton Hazell [Member] | ||||||||||||||||||||||||||||||||||||||||||
Summary of Net Sales, Income (Loss) Before Income Tax Benefit (Provision), Income Tax Benefit (Provision), Loss from Discontinued Operations, Net of Tax, Net Income Attributable to Noncontrolling Interest, Net of Tax and Loss Attributable to the Discontinued Operations | ' | ' | ' | ||||||||||||||||||||||||||||||||||||||||
The table below summarizes the Brake North America and Asia group’s net sales, income (loss) before income tax benefit (provision), income tax benefit (provision), loss from discontinued operations, net of tax, net income attributable to noncontrolling interest, net of tax and loss attributable to the discontinued operations. | The table below summarizes the Brake North America and Asia group’s net sales, loss before income tax provision, income tax provision, income (loss) from discontinued operations, net of tax, net income attributable to noncontrolling interest, net of tax and loss attributable to the discontinued operations. | The table below summarizes the Commercial Distribution Europe segment’s net sales, loss before income tax provision, income tax provision and loss from discontinued operations, net of tax. | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | (Dollars in millions) | 2010 | 2011 | 2012 | (Dollars in millions) | 2010 | 2011 | 2012 | |||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | Net sales | $ | 632 | $ | 637 | $ | 582 | Net sales | $ | 18 | $ | — | $ | — | ||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | Loss before income tax benefit (provision) | (2 | ) | (174 | ) | (91 | ) | Loss before income tax provision | — | — | — | |||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | Income tax benefit (provision) | 3 | 61 | (33 | ) | Income tax provision | — | — | — | |||||||||||||||||||||||||||||||
Net sales | $ | 159 | $ | — | $ | 480 | $ | — | |||||||||||||||||||||||||||||||||||
Income (loss) before income tax benefit (provision) | (19 | ) | — | (91 | ) | 1 | Income (loss) from discontinued operations, net of tax | 1 | (113 | ) | (124 | ) | Loss from discontinued operations, net of tax | $ | — | $ | — | $ | — | ||||||||||||||||||||||||
Income tax benefit (provision) | 9 | — | 34 | (2 | ) | Less: net income attributable to noncontrolling interest, net of tax | 6 | 1 | 1 | ||||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | (10 | ) | — | (57 | ) | (1 | ) | Loss attributable to the discontinued operations | $ | (5 | ) | $ | (114 | ) | $ | (125 | ) | ||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | 1 | — | 1 | — | |||||||||||||||||||||||||||||||||||||||
Loss attributable to the discontinued operations | $ | (11 | ) | $ | — | $ | (58 | ) | $ | (1 | ) | ||||||||||||||||||||||||||||||||
Schedule of Assets and Liabilities Held for Sale | ' | ' | ' | ||||||||||||||||||||||||||||||||||||||||
The following table shows an analysis of assets and liabilities held for sale as of December 31, 2011: | |||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | ||||||||||||||||||||||||||||||||||||||||||
2011 | |||||||||||||||||||||||||||||||||||||||||||
Restricted cash | $ | 7 | |||||||||||||||||||||||||||||||||||||||||
Accounts receivable | 75 | ||||||||||||||||||||||||||||||||||||||||||
Inventory | 221 | ||||||||||||||||||||||||||||||||||||||||||
Current deferred taxes | 4 | ||||||||||||||||||||||||||||||||||||||||||
Prepaid taxes | 51 | ||||||||||||||||||||||||||||||||||||||||||
Other current assets | 7 | ||||||||||||||||||||||||||||||||||||||||||
Property, plant and equipment | 122 | ||||||||||||||||||||||||||||||||||||||||||
Goodwill | 25 | ||||||||||||||||||||||||||||||||||||||||||
Other intangible assets | 53 | ||||||||||||||||||||||||||||||||||||||||||
Deferred income taxes | 7 | ||||||||||||||||||||||||||||||||||||||||||
Other assets | 9 | ||||||||||||||||||||||||||||||||||||||||||
Impairment of assets | (165 | ) | |||||||||||||||||||||||||||||||||||||||||
Total assets of discontinued operations | $ | 416 | |||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | 59 | |||||||||||||||||||||||||||||||||||||||||
Notes payable | 20 | ||||||||||||||||||||||||||||||||||||||||||
Other accrued expenses | 82 | ||||||||||||||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | 14 | ||||||||||||||||||||||||||||||||||||||||||
Deferred employee benefits and other noncurrent liabilities | 8 | ||||||||||||||||||||||||||||||||||||||||||
Total liabilities of discontinued operations | $ | 183 | |||||||||||||||||||||||||||||||||||||||||
Inventories_net_Tables
Inventories, net (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||
Inventory Disclosure [Abstract] | ' | ' | ||||||||||||||||
Summary of Inventories | ' | ' | ||||||||||||||||
A summary of inventories, net is provided in the table below: | A summary of inventories, net is provided in the table below: | |||||||||||||||||
(Dollars in millions) | At December 31, | At September 30, | (Dollars in millions) | At December 31, | At December 31, | |||||||||||||
2012 | 2013 | 2011(1) | 2012 | |||||||||||||||
Raw materials | $ | 77 | $ | 67 | Raw materials | $ | 68 | $ | 77 | |||||||||
Work- in- process | 19 | 17 | Work-in-process | 19 | 19 | |||||||||||||
Finished goods | 208 | 218 | Finished goods | 189 | 208 | |||||||||||||
$ | 304 | $ | 302 | $ | 276 | $ | 304 | |||||||||||
-1 | The inventory as of December 31, 2011 excludes $221 million of inventory in our Brake North America and Asia group, which is classified in current assets of discontinued operations. |
Goodwill_Tables
Goodwill (Tables) | 12 Months Ended | ||||
Dec. 31, 2012 | |||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||
Summary of Goodwill Activity | ' | ||||
The following table summarizes our goodwill activity, which is related to the Brake North America and Asia group and On and Off-highway reportable segment, during 2011 and 2012: | |||||
(Dollars in millions) | |||||
Balance at December 31, 2010 | $ | 59 | |||
Tax benefit reductions | (8 | ) | |||
Discontinued operations—Brake North America and Asia group(1) | (25 | ) | |||
Currency and other adjustments | 2 | ||||
Balance at December 31, 2011(1) | $ | 28 | |||
Tax benefit reductions | (4 | ) | |||
Balance at December 31, 2012 | $ | 24 | |||
-1 | The goodwill as of December 31, 2011 excludes $25 million of goodwill in our Brake North America and Asia group, which is classified in discontinued operations. |
Other_Intangible_Assets_Tables
Other Intangible Assets (Tables) | 12 Months Ended | ||||||||||||||||||||||||||||||||
Dec. 31, 2012 | |||||||||||||||||||||||||||||||||
Goodwill And Intangible Assets Disclosure [Abstract] | ' | ||||||||||||||||||||||||||||||||
Rollforward of Other Intangibles and Trade Names | ' | ||||||||||||||||||||||||||||||||
A rollforward of the other intangibles and trade names for 2011 and 2012 is shown below: | |||||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | Amortization | Impairment | Other(1) | December 31, | Amortization | Impairment | December 31, | |||||||||||||||||||||||||
2010 | 2011(1) | 2012 | |||||||||||||||||||||||||||||||
Trade names | $ | 48 | $ | — | $ | — | $ | (12 | ) | $ | 36 | $ | — | $ | — | $ | 36 | ||||||||||||||||
Customer relationships | 92 | (7 | ) | — | (38 | ) | 47 | (4 | ) | — | 43 | ||||||||||||||||||||||
Developed technology/Other | 16 | (2 | ) | — | (3 | ) | 11 | (2 | ) | — | 9 | ||||||||||||||||||||||
Total | $ | 156 | $ | (9 | ) | $ | — | $ | (53 | ) | $ | 94 | $ | (6 | ) | $ | — | $ | 88 | ||||||||||||||
-1 | The intangible assets as of December 31, 2011 exclude $53 million of intangible assets in our Brake North America and Asia group, which is classified in current assets of discontinued operations. |
Derivatives_Tables
Derivatives (Tables) | 12 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||||||||||
Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | |||||||||||||||||||||||||||||||||||||
Currency Forward Contracts [Member] | Interest rate swap [Member] | ||||||||||||||||||||||||||||||||||||||
Notional Amount and Fair Value of Outstanding Currency Forward Contracts | ' | ' | ' | ||||||||||||||||||||||||||||||||||||
The notional amount and fair value of our outstanding currency forward contracts were as follows: | The notional amount and fair value of interest rate swaps outstanding are as follows: | ||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Notional | Asset | Liability | (Dollars in millions) | Notional Amount | Fair Value | |||||||||||||||||||||||||||||||||
Amount | Derivative | Derivative | As of September 30, 2013 | $ | 300 | $ | 8 | ||||||||||||||||||||||||||||||||
As of December 31, 2012 | $ | 69 | $ | — | $ | — | As of December 31, 2012 | $ | — | $ | — | ||||||||||||||||||||||||||||
As of December 31, 2011 | $ | 62 | $ | 1 | $ | — | |||||||||||||||||||||||||||||||||
Schedule of Forward Contract Currency Gains and Losses | ' | ' | ' | ||||||||||||||||||||||||||||||||||||
The currency forward contract gains and losses are as follows: | The currency forward contract gains and losses are as follows: | ||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Year | Year | Year | (Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | |||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||
December 31, | December 31, | December 31, | September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||||||
2010 | 2011 | 2012 | 2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||
Gain (loss) on derivative instruments | $ | (7 | ) | $ | 1 | $ | 2 | Gain (loss) on derivative instruments | $ | 2 | $ | — | $ | 2 | $ | — |
Debt_Tables
Debt (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||
Debt Disclosure [Abstract] | ' | ' | ||||||||||||||||||||||||||||
Schedule of Debt | ' | ' | ||||||||||||||||||||||||||||
Our debt consists of notes that are publicly traded, an ABL Revolver, term loans and other short-term borrowings. Our debt consisted of the following: | Debt consists of the following: | |||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | September 30, | At December 31, | |||||||||||||||||||||||||||
2012 | 2013 | (Dollars in millions) | 2011 | 2012 | ||||||||||||||||||||||||||
9% Senior subordinated notes, due November 2014 | $ | 367 | — | 9% Senior subordinated notes, due November 2014 | $ | 367 | $ | 367 | ||||||||||||||||||||||
10.75% Senior secured notes, due August 2016 | 179 | — | 10.75% Senior secured notes, due August 2016 | 201 | 179 | |||||||||||||||||||||||||
7.75% Senior notes, due May 2021 | — | 250 | ABL revolver, due May 2017 | 110 | — | |||||||||||||||||||||||||
Term Loan B-1, due April 2016 | — | 199 | Other debt(1) | 20 | 23 | |||||||||||||||||||||||||
Term Loan B-2, due April 2020 | — | 467 | ||||||||||||||||||||||||||||
ABL revolver, due April 2018 | — | — | 698 | 569 | ||||||||||||||||||||||||||
Other debt(1) | 23 | 22 | Less: Current portion(1) | (20 | ) | (23 | ) | |||||||||||||||||||||||
569 | 938 | $ | 678 | $ | 546 | |||||||||||||||||||||||||
Less: current portion(1) | (23 | ) | (22 | ) | ||||||||||||||||||||||||||
$ | 546 | $ | 916 | -1 | The debt as of December 31, 2011 excludes $20 million of notes payable in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations and has rates ranging from 5.2% to 5.4%. The other debt of $20 million as of December 31, 2011 relates to our Poland operations. Our Poland operations in 2011 initiated a revolving credit facility with borrowings up to $20 million. The other debt of $23 million as of December 31, 2012 consist of $20 million related to our Poland operations with a rate of one month LIBOR plus 0.9 points and $3 million related to our filtration China operations. | |||||||||||||||||||||||||
-1 | The other debt of $23 million as of December 31, 2012 consisted of $20 million related to our Poland filtration operations and $3 million related to our China filtration operations. The other debt of $22 million as of September 30, 2013 consisted of $20 million related to our Poland filtration operations and $2 million related to our China filtration operations. | |||||||||||||||||||||||||||||
Scheduled Maturities of Debt | ' | ' | ||||||||||||||||||||||||||||
Scheduled maturities of debt for each of the next five years and thereafter are as follows: | ||||||||||||||||||||||||||||||
(Dollars in millions) | Amount | |||||||||||||||||||||||||||||
Year | ||||||||||||||||||||||||||||||
2013 | $ | 23 | ||||||||||||||||||||||||||||
2014 | 367 | |||||||||||||||||||||||||||||
2015 | — | |||||||||||||||||||||||||||||
2016 | 179 | |||||||||||||||||||||||||||||
2017 | — | |||||||||||||||||||||||||||||
2018 and thereafter | — | |||||||||||||||||||||||||||||
Total debt | $ | 569 | ||||||||||||||||||||||||||||
Schedule of Fair Value of Debt, Net of Discount | ' | ' | ||||||||||||||||||||||||||||
The fair value framework requires the categorization of our debt into three levels based upon the assumptions (inputs) used to determine fair value. The fair value of debt and the categorization of the hierarchy level of fair value, net of discount, are as follows: | The fair value of debt is as follows: | |||||||||||||||||||||||||||||
Fair Value of Debt at December 31, 2012 | Fair Value of Debt at December 31, 2011 | |||||||||||||||||||||||||||||
(Dollars in millions) | Book Value | Fair Value | Fair Value | (Dollars in millions) | Book | Fair | Fair | |||||||||||||||||||||||
of Debt | Factor | of Debt | Value | Value | Value | |||||||||||||||||||||||||
Senior subordinated notes, due November 2014(1) | $ | 367 | 100.25 | % | $ | 368 | of Debt | Factor | of Debt | |||||||||||||||||||||
Senior secured notes, due August 2016(1) | 179 | 108.43 | % | 194 | Senior subordinated notes, due November 2014(1) | $ | 367 | 99.69 | % | $ | 366 | |||||||||||||||||||
ABL revolver, due May 2017(2) | — | 100 | % | — | Senior secured notes, due August 2016(1) | 201 | 109.06 | % | 219 | |||||||||||||||||||||
Other debt(2) | 23 | 100 | % | 23 | ABL revolver, due November 2015(2) | 110 | 100 | % | 110 | |||||||||||||||||||||
Other debt(2)(3) | 20 | 100 | % | 20 | ||||||||||||||||||||||||||
Total fair value of debt at December 31, 2012 | $ | 585 | ||||||||||||||||||||||||||||
Total fair value of debt at December 31, 2011(3) | $ | 715 | ||||||||||||||||||||||||||||
Fair Value of Debt at September 30, 2013 | ||||||||||||||||||||||||||||||
Fair Value of Debt at December 31, 2012 | ||||||||||||||||||||||||||||||
(Dollars in millions) | Book Value | Fair Value | Fair Value | |||||||||||||||||||||||||||
of Debt | Factor | of Debt | (Dollars in millions) | Book | Fair | Fair | ||||||||||||||||||||||||
Senior notes, due May 2021(1) | $ | 250 | 102.75 | % | $ | 257 | Value | Value | Value | |||||||||||||||||||||
Term Loan B-1, due April 2016(1) | 199 | 100.06 | % | 199 | of Debt | Factor | of Debt | |||||||||||||||||||||||
Term Loan B-2, due April 2020(1) | 467 | 99.56 | % | 465 | Senior subordinated notes, due November 2014(1) | $ | 367 | 100.25 | % | $ | 368 | |||||||||||||||||||
ABL revolver, due April 2018(2) | — | 100 | % | — | Senior secured notes, due August 2016(1) | 179 | 108.43 | % | 194 | |||||||||||||||||||||
Other debt(2) | 22 | 100 | % | 22 | ABL revolver, due May 2017(2) | — | 100 | % | — | |||||||||||||||||||||
Other debt(2) | 23 | 100 | % | 23 | ||||||||||||||||||||||||||
Total fair value of debt at September 30, 2013 | $ | 943 | ||||||||||||||||||||||||||||
Total fair value of debt at December 31, 2012 | $ | 585 | ||||||||||||||||||||||||||||
-1 | The fair value of the long-term debt was estimated based on quoted market prices obtained through broker or pricing services and categorized within Level 2 of the hierarchy. The fair value of our debt that is publicly traded in the secondary market is classified as Level 2 and is based on current market yields obtained through broker or pricing services. | |||||||||||||||||||||||||||||
-2 | The carrying value of fixed rate short-term debt approximates fair value because of the short term nature of these instruments, and the carrying value of the Company’s current floating rate debt instruments approximates fair value because of the variable interest rates pertaining to those instruments. The fair value of debt is categorized within Level 2 of the hierarchy. | -1 | The fair value of the long-term debt was estimated based on quoted market prices obtained through broker or pricing services and categorized within Level 2 of the hierarchy. The fair value of our debt that is publicly traded in the secondary market is classified as Level 2 and is based on current market yields obtained through broker or pricing services. | |||||||||||||||||||||||||||
-2 | The carrying value of fixed rate short-term debt approximates fair value because of the short term nature of these instruments, and the carrying value of the Company’s current floating rate debt instruments approximates fair value because of the variable interest rates pertaining to those instruments. The fair value of debt is categorized within Level 2 of the hierarchy. | |||||||||||||||||||||||||||||
-3 | The debt as of December 31, 2011 excludes $20 million of notes payable in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | |||||||||||||||||||||||||||||
Schedule of Interest Rates and Fees | ' | ' | ||||||||||||||||||||||||||||
The ABL Revolver, as amended on May 22, 2012, revises the applicable spread, as set forth below, for purposes of calculating the annual rate of interest applicable to outstanding borrowings under the U.S. Facility and the Canadian Facility. | ||||||||||||||||||||||||||||||
Level | Average | Base Rate Loans and | LIBOR Loans | |||||||||||||||||||||||||||
Aggregate | Swingline Loans | |||||||||||||||||||||||||||||
Availability | Level | Average Aggregate | Base Rate | LIBOR Loans | ||||||||||||||||||||||||||
I | <$50,000,000 | 1 | % | 2 | % | Availability | Loans and | and Canadian | ||||||||||||||||||||||
II | >$50,000,000 | 0.75 | % | 1.75 | % | Canadian | BA Rate | |||||||||||||||||||||||
but < | Prime Rate | Loans | ||||||||||||||||||||||||||||
$100,000,000 | Loans | |||||||||||||||||||||||||||||
III | >$100,000,000 | 0.5 | % | 1.5 | % | I | £ | $105,000,000 | 1 | % | 2 | % | ||||||||||||||||||
II | > | $105,000,000 | but | 0.75 | % | 1.75 | % | |||||||||||||||||||||||
£ | $210,000,000 | |||||||||||||||||||||||||||||
III | > | $210,000,000 | 0.5 | % | 1.5 | % | ||||||||||||||||||||||||
Summarizes Deferred Financing Activity | ' | ' | ||||||||||||||||||||||||||||
The following table summarizes the deferred financing activity from December 31, 2012 to September 30, 2013: | The following table summarizes the deferred financing activity from December 31, 2010 to December 31, 2012: | |||||||||||||||||||||||||||||
(Dollars in millions) | (Dollars in millions) | |||||||||||||||||||||||||||||
Balance at December 31, 2012 | $ | 15 | As of December 31, 2010 | $ | 23 | |||||||||||||||||||||||||
Amortization | (3 | ) | Amortization | (5 | ) | |||||||||||||||||||||||||
Write-off of unamortized deferred financing costs | (8 | ) | Deferred financing costs | — | ||||||||||||||||||||||||||
Deferred financing costs | 15 | |||||||||||||||||||||||||||||
Balance at December 31, 2011 | $ | 18 | ||||||||||||||||||||||||||||
Balance at September 30, 2013 | $ | 19 | Amortization | (4 | ) | |||||||||||||||||||||||||
Write-off of unamortized deferred financing costs | — | |||||||||||||||||||||||||||||
Deferred financing costs | 1 | |||||||||||||||||||||||||||||
Balance at December 31, 2012 | $ | 15 | ||||||||||||||||||||||||||||
Stock_Incentive_Plan_Tables
Stock Incentive Plan (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' | ' | ||||||||||||||||||||
Schedule of Stock Plan Balances for Restricted Stock Units, Stock Options, Deferred Compensation Shares and Stock Awards | ' | ' | ||||||||||||||||||||
A table of the 2005 Stock Plan balances for the restricted stock units, stock options, deferred compensation shares and stock awards is summarized below. | A table of the 2005 Stock Plan balances for the restricted stock units, stock options, deferred compensation shares and stock awards is summarized below. | |||||||||||||||||||||
December 31, | September 30, | At December 31, | ||||||||||||||||||||
2012 | 2013 | 2011 | 2012 | |||||||||||||||||||
Restricted stock units | 242,000 | 261,559 | Restricted stock units | 242,000 | 242,000 | |||||||||||||||||
Stock options | 26,835 | 26,355 | Stock options | 28,680 | 26,835 | |||||||||||||||||
Deferred compensation shares | 30,235 | 37,744 | Deferred compensation shares | 30,819 | 30,235 | |||||||||||||||||
Stock award | 163 | 163 | Stock award | 163 | 163 | |||||||||||||||||
Shares available | 50,767 | 24,179 | Shares available | 48,338 | 50,767 | |||||||||||||||||
Number of shares of common stock subject to awards | 350,000 | 350,000 | Number of shares of common stock subject to awards | 350,000 | 350,000 | |||||||||||||||||
Schedule of Weighted-Average Black-Scholes Fair Value Assumptions | ' | ' | ||||||||||||||||||||
Our weighted-average Black-Scholes fair value assumptions include: | ||||||||||||||||||||||
2010 | 2011 | 2012 | ||||||||||||||||||||
Weighted-average effective term | 5.2 years | 5.1 years | 5.1 years | |||||||||||||||||||
Weighted-average risk free interest rate | 4.38 | % | 4.34 | % | 4.34 | % | ||||||||||||||||
Weighted-average expected volatility | 40.4 | % | 39.9 | % | 39.9 | % | ||||||||||||||||
Weighted-average fair value of options (Dollars in millions) | $ | 1 | $ | 1 | $ | 1 | ||||||||||||||||
Schedule of Stock Option Activity | ' | ' | ||||||||||||||||||||
The fair value of the stock option grants is amortized to expense over the vesting period. The Company reduces the overall compensation expense by a turnover rate consistent with historical trends. Stock-based compensation expense, which was recorded in selling, general and administrative expenses, and tax related income tax benefits were nil for each of the nine month periods ending September 30, 2012 and 2013, respectively. | The fair value of the stock option grants is amortized to expense over the vesting period. The Company reduces the overall compensation expense by a turnover rate consistent with historical trends. Stock-based compensation expense, which was recorded in selling, general and administrative expenses, and tax related income tax benefits were less than $1 million for 2010 and nil for 2011 and 2012. | |||||||||||||||||||||
Options | Options | |||||||||||||||||||||
Outstanding at December 31, 2012 | 23,835 | Outstanding at January 1, 2010 | 175,638 | |||||||||||||||||||
Forfeited/expired | (480 | ) | Granted | 2,000 | ||||||||||||||||||
Exercised | (1,000 | ) | ||||||||||||||||||||
Outstanding at September 30, 2013 | 23,355 | Exchanged | (61,868 | ) | ||||||||||||||||||
Forfeited/expired | (80,708 | ) | ||||||||||||||||||||
Outstanding at December 31, 2010 | 34,062 | |||||||||||||||||||||
Granted | 1,550 | |||||||||||||||||||||
Exercised | (2,000 | ) | ||||||||||||||||||||
Exchanged | (825 | ) | ||||||||||||||||||||
Forfeited/expired | (4,107 | ) | ||||||||||||||||||||
Outstanding at December 31, 2011 | 28,680 | |||||||||||||||||||||
Forfeited/expired | (4,845 | ) | ||||||||||||||||||||
Outstanding at December 31, 2012 | 23,835 | |||||||||||||||||||||
Schedule of Weighted-Average Monte Carlo Fair Value Assumptions | ' | ' | ||||||||||||||||||||
Our weighted-average Monte Carlo fair value assumptions include: | ||||||||||||||||||||||
Cypress Scenario | IPO Scenario | |||||||||||||||||||||
Effective term | 0.6 years | 1.4 years | ||||||||||||||||||||
Expected volatility | 70 | % | 70 | % | ||||||||||||||||||
Fair value of an RSU | $ | 107.92 | $ | 124.41 | ||||||||||||||||||
Expected expense (Dollars in millions) | $ | 19 | $ | 22 | ||||||||||||||||||
Schedule of Restricted Stock Units | ' | ' | ||||||||||||||||||||
If the performance condition is met on the outstanding RSUs we will record expense at that point in time. | If the performance condition is met on the 242,000 RSUs the amount of expense we would have to record is $19 million under the Cypress scenario or $22 million under the IPO scenario and BPI would record expense related to the RSUs granted to its employees. | |||||||||||||||||||||
RSUs | RSUs | |||||||||||||||||||||
Outstanding at December 31, 2012 | 242,000 | Outstanding at January 1, 2010 | — | |||||||||||||||||||
Granted | 55,170 | Issued per Option Exchange | 235,000 | |||||||||||||||||||
Forfeited/expired | (35,611 | ) | Granted | 4,000 | ||||||||||||||||||
Forfeited/expired | — | |||||||||||||||||||||
Outstanding at September 30, 2013 | 261,559 | |||||||||||||||||||||
Outstanding at December 31, 2010 | 239,000 | |||||||||||||||||||||
Issued per Option Exchange | 4,000 | |||||||||||||||||||||
Granted | 3,000 | |||||||||||||||||||||
Forfeited/expired | (4,000 | ) | ||||||||||||||||||||
Outstanding at December 31, 2011 | 242,000 | |||||||||||||||||||||
Granted | — | |||||||||||||||||||||
Forfeited/expired | — | |||||||||||||||||||||
Outstanding at December 31, 2012 | 242,000 | |||||||||||||||||||||
Income_Tax_Tables
Income Tax (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Income Tax Disclosure [Abstract] | ' | ||||||||||||
Schedule of Components of Income Tax Provision (Benefit) | ' | ||||||||||||
The components of the income tax provision (benefit) from continuing operations are as follows: | |||||||||||||
(Dollars in millions) | Year Ended | Year Ended | Year Ended | ||||||||||
December 31, | December 31, | December 31, | |||||||||||
2010 | 2011 | 2012 | |||||||||||
Current: | |||||||||||||
U.S. federal | $ | — | $ | — | $ | — | |||||||
U.S. state and local | 1 | 1 | — | ||||||||||
Non-United States | 19 | 18 | 20 | ||||||||||
Total current | 20 | 19 | 20 | ||||||||||
Deferred: | |||||||||||||
U.S. federal & state | 6 | 14 | 28 | ||||||||||
Non-United States | 4 | 5 | — | ||||||||||
Total deferred | 10 | 19 | 28 | ||||||||||
Income tax provision | $ | 30 | $ | 38 | $ | 48 | |||||||
Components of Income (Loss) before Income Tax, Equity, Net of Tax and Noncontrolling Interest | ' | ||||||||||||
The income tax provision was calculated based upon the following components of income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest: | |||||||||||||
(Dollars in millions) | Year Ended | Year Ended | Year Ended | ||||||||||
December 31, | December 31, | December 31, | |||||||||||
2010 | 2011 | 2012 | |||||||||||
United States | $ | (31 | ) | $ | (17 | ) | $ | (20 | ) | ||||
Non-United States | 89 | 96 | 89 | ||||||||||
Income from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | $ | 58 | $ | 79 | $ | 69 | |||||||
Schedule of Deferred Tax Assets and Liabilities | ' | ||||||||||||
Deferred tax assets (liabilities) consisted of the following: | |||||||||||||
(Dollars in millions) | At December 31, | At December 31, | |||||||||||
2011 | 2012 | ||||||||||||
Deferred tax assets: | |||||||||||||
Net operating loss carryforwards | $ | 134 | $ | 139 | |||||||||
Inventory reserves | 43 | 10 | |||||||||||
Expense accruals | 22 | 14 | |||||||||||
Depreciation and amortization | 14 | — | |||||||||||
Other | 4 | 3 | |||||||||||
Subtotal | 217 | 166 | |||||||||||
Valuation allowance | (27 | ) | (22 | ) | |||||||||
Deferred tax assets | 190 | 144 | |||||||||||
Deferred tax liabilities: | |||||||||||||
Depreciation and amortization | — | 2 | |||||||||||
Foreign earnings | 23 | 25 | |||||||||||
Deferred tax liabilities | 23 | 27 | |||||||||||
Net deferred tax assets | $ | 167 | $ | 117 | |||||||||
Balance sheet presentation: | |||||||||||||
Current deferred taxes | $ | 60 | $ | 13 | |||||||||
Deferred income taxes | 109 | 106 | |||||||||||
Other accrued expenses | — | — | |||||||||||
Deferred employee benefits and other noncurrent liabilities | (2 | ) | (2 | ) | |||||||||
Net deferred tax assets | $ | 167 | $ | 117 | |||||||||
Schedule of Reconciliation of Effective Income Tax Rate | ' | ||||||||||||
The effective income tax rate differs from the U.S. federal income tax rate for the following reasons: | |||||||||||||
Year Ended | Year Ended | Year Ended | |||||||||||
December 31, | December 31, | December 31, | |||||||||||
2010 | 2011 | 2012 | |||||||||||
U.S. federal income tax rate | 35 | % | 35 | % | 35 | % | |||||||
Increases (reductions) resulting from: | |||||||||||||
State and local income taxes, net of federal income tax benefit | 1.1 | -2.1 | 1 | ||||||||||
Valuation allowance | 2 | 3.4 | 2 | ||||||||||
Non-U.S. income | -12.6 | -13 | -16.9 | ||||||||||
U.S. permanent differences* | 29.8 | 13.6 | 38.3 | ||||||||||
Unremitted earnings | -1 | 9.6 | 9.7 | ||||||||||
Miscellaneous items | -2.6 | 1.8 | 0.2 | ||||||||||
Effective income tax rate | 51.7 | % | 48.3 | % | 69.3 | % | |||||||
* | The U.S. permanent differences affecting the tax rate are a result of deemed distributions from foreign subsidiaries. | ||||||||||||
Summary of Unrecognized Tax Benefits | ' | ||||||||||||
The following table summarizes the activity related to our unrecognized tax benefits: | |||||||||||||
(Dollars in millions) | |||||||||||||
Balance at January 1, 2010 | $ | 2 | |||||||||||
Increases to tax positions | — | ||||||||||||
Decreases to tax positions | — | ||||||||||||
Balance at January 1, 2011 | $ | 2 | |||||||||||
Increases to tax positions | — | ||||||||||||
Decreases to tax positions | — | ||||||||||||
Balance at January 1, 2012 | $ | 2 | |||||||||||
Increases to tax positions | — | ||||||||||||
Decreases to tax positions | (1 | ) | |||||||||||
Balance at December 31, 2012 | $ | 1 | |||||||||||
Property_Plant_and_Equipment_T
Property, Plant and Equipment (Tables) | 12 Months Ended | ||||||||
Dec. 31, 2012 | |||||||||
Property Plant And Equipment [Abstract] | ' | ||||||||
Schedule of Property, Plant and Equipment | ' | ||||||||
The following table breaks out the property, plant and equipment in further detail: | |||||||||
December 31, | |||||||||
(Dollars in millions) | 2011 | 2012 | |||||||
Property, plant and equipment | |||||||||
Land and improvements to land | $ | 8 | $ | 8 | |||||
Buildings and building fixtures | 51 | 55 | |||||||
Machinery and equipment | 137 | 159 | |||||||
Software | 25 | 21 | |||||||
Construction in progress | 17 | 9 | |||||||
238 | 252 | ||||||||
Less: Accumulated depreciation | (120 | ) | (133 | ) | |||||
$ | 118 | $ | 119 | ||||||
Other_Accrued_Expenses_Tables
Other Accrued Expenses (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||
Other Liabilities Disclosure [Abstract] | ' | ' | ||||||||||||||||||||
Schedule of Other Accrued Expenses | ' | ' | ||||||||||||||||||||
The following table breaks out the other accrued expenses in further detail: | ||||||||||||||||||||||
December 31, | ||||||||||||||||||||||
(Dollars in millions) | 2011(1) | 2012 | ||||||||||||||||||||
Taxes other than income taxes | $ | 10 | $ | 11 | ||||||||||||||||||
Interest payable | 12 | 10 | ||||||||||||||||||||
Return reserve | 11 | 8 | ||||||||||||||||||||
Tax deposit payable | 3 | 5 | ||||||||||||||||||||
Accrued legal and professional fees | 6 | 4 | ||||||||||||||||||||
Accrued promotions and defective product | 4 | 4 | ||||||||||||||||||||
Accrued selling and marketing | 8 | 3 | ||||||||||||||||||||
Accrued freight | 2 | 3 | ||||||||||||||||||||
Accrued commissions expense | 2 | 3 | ||||||||||||||||||||
Accrued workers compensation | 6 | 2 | ||||||||||||||||||||
Accrued restructuring | 2 | 1 | ||||||||||||||||||||
Other | 14 | 14 | ||||||||||||||||||||
$ | 80 | $ | 68 | |||||||||||||||||||
-1 | The other accrued expenses as of December 31, 2011 excludes $82 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | |||||||||||||||||||||
Schedule of Reconciliation of Changes in Return Reserves | ' | ' | ||||||||||||||||||||
A reconciliation of the changes in our return reserves, which is included in other accrued expenses, is as follows: | A reconciliation of the changes in our return reserves is as follows beginning with January 1, 2010: | |||||||||||||||||||||
(Dollars in millions) | Nine Months | Nine Months | December 31, | |||||||||||||||||||
Ended | Ended | (Dollars in millions) | 2010(1) | 2011(2) | 2012(3) | |||||||||||||||||
September 30, | September 30, | Beginning balance January 1 | $ | 17 | $ | 17 | $ | 11 | ||||||||||||||
2012 | 2013 | Amounts charged to revenue | 43 | 45 | 23 | |||||||||||||||||
Beginning balance | $ | 11 | $ | 8 | Returns processed | (43 | ) | (45 | ) | (26 | ) | |||||||||||
Amounts charged to revenue | 14 | 12 | Classified to discontinued operations | — | (6 | ) | — | |||||||||||||||
Returns processed | (11 | ) | (10 | ) | ||||||||||||||||||
Ending balance December 31 | $ | 17 | $ | 11 | $ | 8 | ||||||||||||||||
Ending balance | $ | 14 | $ | 10 | ||||||||||||||||||
-1 | Includes our Brake North America and Asia group, which is classified as discontinued operations that had amounts charged to revenue of $22 million in 2010 and returns processed of $22 million in 2010. The return reserve as of December 31, 2009 and 2010 includes $8 million in our Brake North America and Asia group. | |||||||||||||||||||||
-2 | Includes our Brake North America and Asia group, which is classified as discontinued operations that had amounts charged to revenue of $22 million in 2011 and returns processed of $24 million in 2011. The return reserve as of December 31, 2010 includes $8 million in our Brake North America and Asia group. The return reserve as of December 31, 2011 excludes $6 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | |||||||||||||||||||||
-3 | Excludes our Brake North America and Asia group, which is classified as discontinued operations that had amounts charged to revenue of $15 million in 2012 and returns processed of $21 million in 2012. The return reserve as of December 31, 2011 excludes $6 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. |
Commitments_and_Contingencies_
Commitments and Contingencies (Tables) | 12 Months Ended | ||||
Dec. 31, 2012 | |||||
Commitments And Contingencies Disclosure [Abstract] | ' | ||||
Schedule of Future Minimum Rental Commitments under Non-Cancelable Operating Leases in Continuing Operations | ' | ||||
The Company had future minimum rental commitments under non-cancelable operating leases in continuing operations of $37 million at December 31, 2012, with future rental payments of: | |||||
(Dollars in millions) | Operating | ||||
Leases | |||||
2013 | $ | 8 | |||
2014 | 7 | ||||
2015 | 6 | ||||
2016 | 5 | ||||
2017 | 4 | ||||
Thereafter | 7 | ||||
Total | $ | 37 | |||
Restructuring_of_Operations_Ta
Restructuring of Operations (Tables) | 12 Months Ended | ||||||||||||
Dec. 31, 2012 | |||||||||||||
Restructuring And Related Activities [Abstract] | ' | ||||||||||||
Schedule of Restructuring Charges and Activity | ' | ||||||||||||
The following summarizes the restructuring charges and activity for the Company: | |||||||||||||
Accrued Restructuring | |||||||||||||
(Dollars in millions) | Total | ||||||||||||
Balance at December 31, 2010 | $ | 4 | |||||||||||
Charges to expense: | |||||||||||||
Employee termination benefits | 6 | ||||||||||||
Asset write-offs expense | — | ||||||||||||
Other expenses | 6 | ||||||||||||
Total restructuring expenses | 12 | ||||||||||||
Cash payments and asset write-offs: | |||||||||||||
Cash payments | (11 | ) | |||||||||||
Asset retirements and other | (2 | ) | |||||||||||
Discontinued operations—Brake North America and Asia group(1) | (1 | ) | |||||||||||
Balance at December 31, 2011(1) | $ | 2 | |||||||||||
Charges to expense: | |||||||||||||
Employee termination benefits | 1 | ||||||||||||
Asset write-offs expense | — | ||||||||||||
Other expenses | 1 | ||||||||||||
Total restructuring expenses | 2 | ||||||||||||
Cash payments and asset write-offs: | |||||||||||||
Cash payments | (2 | ) | |||||||||||
Asset retirements and other | (1 | ) | |||||||||||
Balance at December 31, 2012 | $ | 1 | |||||||||||
-1 | The accrued restructuring as of December 31, 2011 excludes $1 million in our Brake North America and Asia group, which is classified in current liabilities of discontinued operations. | ||||||||||||
Schedule of Restructuring Expenses by Segment | ' | ||||||||||||
The following table shows the restructuring expenses by reportable segment: | |||||||||||||
(Dollars in millions) | 2010 | 2011 | 2012 | ||||||||||
On and Off-highway segment | $ | 8 | $ | 1 | $ | 2 | |||||||
Corporate, eliminations and other | 4 | — | — | ||||||||||
Total from continuing operations | $ | 12 | $ | 1 | $ | 2 | |||||||
Discontinued Operations | 12 | 11 | 19 | ||||||||||
Total | $ | 24 | $ | 12 | $ | 21 | |||||||
Segment_and_Geographic_Informa1
Segment and Geographic Information (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||
Segment Reporting [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Reconciliation of Sales, Operating Profit, Total Assets, Depreciation and Amortization and Capital Expenditures | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Discontinued Operation—Brake.” Segment net sales, operating profit, total assets, depreciation and amortization and capital expenditures were as follows: | Segment net sales, operating profit, total assets, depreciation and amortization and capital expenditures were as follows: | |||||||||||||||||||||||||||||||||||||||||
Net Sales | (Dollars in millions) | Net Sales | Operating Profit | |||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | 2010 | 2011 | 2012 | 2010 | 2011 | 2012 | ||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | On and Off-highway segment | $ | 1,367 | $ | 1,483 | $ | 1,455 | $ | 161 | $ | 169 | $ | 165 | ||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | Corporate, eliminations and other | (8 | ) | (5 | ) | (2 | ) | (38 | ) | (27 | ) | (34 | ) | ||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 375 | $ | 401 | $ | 1,113 | $ | 1,170 | $ | 1,359 | $ | 1,478 | $ | 1,453 | $ | 123 | $ | 142 | $ | 131 | ||||||||||||||||||||||
Corporate, eliminations and other | — | — | (1 | ) | — | |||||||||||||||||||||||||||||||||||||
$ | 375 | $ | 401 | $ | 1,112 | $ | 1,170 | |||||||||||||||||||||||||||||||||||
(Dollars in millions) | Total Assets | |||||||||||||||||||||||||||||||||||||||||
2011 | 2012 | |||||||||||||||||||||||||||||||||||||||||
On and Off-highway segment | $ | 735 | $ | 720 | ||||||||||||||||||||||||||||||||||||||
Operating Profit | Corporate, eliminations and other | 308 | 240 | |||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | Assets of discontinued operations(1) | 416 | — | |||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | $ | 1,459 | $ | 960 | |||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 48 | $ | 50 | $ | 132 | $ | 142 | ||||||||||||||||||||||||||||||||||
Corporate, eliminations and other | (10 | ) | (14 | ) | (26 | ) | (33 | ) | -1 | The amounts related to the Brake North America and Asia group are classified in the assets of discontinued operations in 2011. | ||||||||||||||||||||||||||||||||
$ | 38 | $ | 36 | $ | 106 | $ | 109 | |||||||||||||||||||||||||||||||||||
(Dollars in millions) | Depreciation and | Capital Expenditures | ||||||||||||||||||||||||||||||||||||||||
Amortization | ||||||||||||||||||||||||||||||||||||||||||
2010 | 2011 | 2012 | 2010 | 2011 | 2012 | |||||||||||||||||||||||||||||||||||||
Total Assets | On and Off-highway segment | $ | 16 | $ | 17 | $ | 19 | $ | 28 | $ | 27 | $ | 17 | |||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | September 30, | Corporate, eliminations and other | 10 | 8 | 5 | 2 | — | — | |||||||||||||||||||||||||||||||||
2012 | 2013 | |||||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 720 | $ | 801 | Total from continuing operations | 26 | 25 | 24 | 30 | 27 | 17 | |||||||||||||||||||||||||||||||
Corporate, eliminations and other | 240 | 234 | Discontinued operations | 11 | 14 | — | 22 | 28 | 10 | |||||||||||||||||||||||||||||||||
$ | 960 | $ | 1,035 | $ | 37 | $ | 39 | $ | 24 | $ | 52 | $ | 55 | $ | 27 | |||||||||||||||||||||||||||
Depreciation and Amortization | ||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | ||||||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 5 | $ | 5 | $ | 13 | $ | 14 | ||||||||||||||||||||||||||||||||||
Corporate, eliminations and other | 1 | — | 4 | 3 | ||||||||||||||||||||||||||||||||||||||
$ | 6 | $ | 5 | $ | 17 | $ | 17 | |||||||||||||||||||||||||||||||||||
Capital Expenditures | ||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | ||||||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | |||||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | |||||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | |||||||||||||||||||||||||||||||||||||||
On and Off-Highway segment | $ | 5 | $ | 8 | $ | 10 | $ | 17 | ||||||||||||||||||||||||||||||||||
Corporate, eliminations and other | — | — | — | 1 | ||||||||||||||||||||||||||||||||||||||
Total from continuing operations | 5 | 8 | 10 | 18 | ||||||||||||||||||||||||||||||||||||||
Discontinued operations | 3 | — | 9 | — | ||||||||||||||||||||||||||||||||||||||
$ | 8 | $ | 8 | $ | 19 | $ | 18 | |||||||||||||||||||||||||||||||||||
Net Sales by Geographic Region | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Net sales by geographic region were determined based on origin of sale and are as follows: | Net sales by geographic region were as follows: | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | (Dollars in millions) | Year Ended | Year Ended | Year Ended | ||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | December 31, | December 31, | December 31, | ||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | 2010 | 2011 | 2012 | ||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | Brazil | $ | 414 | $ | 438 | $ | 389 | ||||||||||||||||||||||||||||||||
Brazil | $ | 100 | $ | 105 | $ | 299 | $ | 311 | Canada | 75 | 72 | 72 | ||||||||||||||||||||||||||||||
Canada | 19 | 17 | 55 | 53 | Poland | 140 | 147 | 146 | ||||||||||||||||||||||||||||||||||
Poland | 36 | 43 | 108 | 119 | Other Countries | 61 | 93 | 122 | ||||||||||||||||||||||||||||||||||
Other countries | 36 | 48 | 90 | 120 | ||||||||||||||||||||||||||||||||||||||
Total Other Countries | 690 | 750 | 729 | |||||||||||||||||||||||||||||||||||||||
Total other countries | 191 | 213 | 552 | 603 | United States | 669 | 728 | 724 | ||||||||||||||||||||||||||||||||||
United States | 184 | 188 | 560 | 567 | ||||||||||||||||||||||||||||||||||||||
$ | 1,359 | $ | 1,478 | $ | 1,453 | |||||||||||||||||||||||||||||||||||||
$ | 375 | $ | 401 | $ | 1,112 | $ | 1,170 | |||||||||||||||||||||||||||||||||||
Geographic Data for Long Lived Assets | ' | ' | ||||||||||||||||||||||||||||||||||||||||
Geographic data for long-lived assets are comprised of property, plant and equipment, goodwill, other intangible assets and deferred financing costs and are as follows: | Long-lived assets by geographic region were as follows: | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | December 31, | September 30, | (Dollars in millions) | December 31, | December 31, | |||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2011(1) | 2012 | |||||||||||||||||||||||||||||||||||||||
Brazil | $ | 14 | $ | 12 | Canada | $ | 1 | $ | — | |||||||||||||||||||||||||||||||||
China | 17 | 18 | China | 14 | 17 | |||||||||||||||||||||||||||||||||||||
Poland | 29 | 28 | Brazil | 14 | 14 | |||||||||||||||||||||||||||||||||||||
Other countries | 9 | 13 | Poland | 26 | 29 | |||||||||||||||||||||||||||||||||||||
Other Countries | 10 | 9 | ||||||||||||||||||||||||||||||||||||||||
Total other countries | 69 | 71 | ||||||||||||||||||||||||||||||||||||||||
United States | 177 | 182 | Total other countries | 65 | 69 | |||||||||||||||||||||||||||||||||||||
United States | 193 | 177 | ||||||||||||||||||||||||||||||||||||||||
$ | 246 | $ | 253 | |||||||||||||||||||||||||||||||||||||||
$ | 258 | $ | 246 | |||||||||||||||||||||||||||||||||||||||
-1 | Long-lived assets as of December 31, 2011 excludes $200 million in our Brake North America and Asia group, which is classified in current assets of discontinued operations. | |||||||||||||||||||||||||||||||||||||||||
Company's Sales by Group of Similar Products | ' | ' | ||||||||||||||||||||||||||||||||||||||||
The Company’s sales by group of similar products are as follows: | The Company’s sales by group of similar products are as follows: | |||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Three Months | Three Months | Nine Months | Nine Months | (Dollars in millions) | Year Ended | Year Ended | Year Ended | ||||||||||||||||||||||||||||||||||
Ended | Ended | Ended | Ended | December 31, | December 31, | December 31, | ||||||||||||||||||||||||||||||||||||
September 30, | September 30, | September 30, | September 30, | 2010 | 2011 | 2012 | ||||||||||||||||||||||||||||||||||||
2012 | 2013 | 2012 | 2013 | Filtration products | $ | 759 | $ | 801 | $ | 831 | ||||||||||||||||||||||||||||||||
Filtration products | $ | 212 | $ | 234 | $ | 632 | $ | 678 | Chassis products | 169 | 213 | 194 | ||||||||||||||||||||||||||||||
Chassis products | 50 | 50 | 153 | 147 | Affinia South America products | 439 | 469 | 430 | ||||||||||||||||||||||||||||||||||
Affinia South America products | 113 | 117 | 328 | 345 | Corporate, eliminations and other | (8 | ) | (5 | ) | (2 | ) | |||||||||||||||||||||||||||||||
Corporate, eliminations and other | — | — | (1 | ) | — | |||||||||||||||||||||||||||||||||||||
$ | 1,359 | $ | 1,478 | $ | 1,453 | |||||||||||||||||||||||||||||||||||||
$ | 375 | $ | 401 | $ | 1,112 | $ | 1,170 | |||||||||||||||||||||||||||||||||||
Financial_Information_for_Guar1
Financial Information for Guarantors and Non-Guarantors (Tables) | 9 Months Ended | 12 Months Ended | ||||||||||||||||||||||||||||||||||||||||||||||||
Sep. 30, 2013 | Dec. 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantees [Abstract] | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed Consolidating Statement of Operations | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | Consolidating Statement of Operations | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2012 | For the Year Ended December 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||
Total | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 202 | $ | 286 | $ | (113 | ) | $ | 375 | Net sales | $ | — | $ | — | $ | 734 | $ | 967 | $ | (342 | ) | $ | 1,359 | |||||||||||||||||||||||
Cost of sales | — | — | (159 | ) | (241 | ) | 113 | (287 | ) | Cost of sales | — | — | (592 | ) | (793 | ) | 342 | (1,043 | ) | |||||||||||||||||||||||||||||||
Gross profit | — | — | 43 | 45 | — | 88 | Gross profit | — | — | 142 | 174 | — | 316 | |||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (13 | ) | (16 | ) | (21 | ) | — | (50 | ) | Selling, general and administrative expenses | — | (32 | ) | (83 | ) | (78 | ) | — | (193 | ) | |||||||||||||||||||||||||||||
Operating profit (loss) | — | (13 | ) | 27 | 24 | — | 38 | Operating (loss) profit | — | (32 | ) | 59 | 96 | — | 123 | |||||||||||||||||||||||||||||||||||
Other income (loss), net | — | — | (1 | ) | 3 | — | 2 | Loss on extinguishment of debt | — | (1 | ) | — | — | — | (1 | ) | ||||||||||||||||||||||||||||||||||
Interest expense | — | (15 | ) | — | (1 | ) | — | (16 | ) | Other income (loss), net | — | 21 | (23 | ) | 3 | — | 1 | |||||||||||||||||||||||||||||||||
Interest expense | — | (64 | ) | — | (1 | ) | — | (65 | ) | |||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, net of tax, equity in income, net of tax and noncontrolling interest | — | (28 | ) | 26 | 26 | — | 24 | |||||||||||||||||||||||||||||||||||||||||||
Income tax provision | — | (2 | ) | — | (8 | ) | — | (10 | ) | Income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | — | (76 | ) | 36 | 98 | — | 58 | |||||||||||||||||||||||||||||||||
Equity in income, net of tax | 4 | 34 | 12 | 1 | (50 | ) | 1 | Income tax provision | — | (4 | ) | — | (26 | ) | — | (30 | ) | |||||||||||||||||||||||||||||||||
Equity in income, net of tax | 24 | 106 | 78 | 1 | (208 | ) | 1 | |||||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | 4 | 4 | 38 | 19 | (50 | ) | 15 | |||||||||||||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | (3 | ) | (7 | ) | — | (10 | ) | Net income from continuing operations | 24 | 26 | 114 | 73 | (208 | ) | 29 | |||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | (4 | ) | 5 | — | 1 | |||||||||||||||||||||||||||||||||||||||||||
Net income | 4 | 4 | 35 | 12 | (50 | ) | 5 | |||||||||||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | Net income | 24 | 26 | 110 | 78 | (208 | ) | 30 | ||||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | 2 | 4 | — | — | 6 | ||||||||||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 4 | $ | 4 | $ | 34 | $ | 12 | $ | (50 | ) | $ | 4 | |||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 24 | $ | 24 | $ | 106 | $ | 78 | $ | (208 | ) | $ | 24 | |||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 | Consolidating Statement of Operations | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 611 | $ | 784 | $ | (283 | ) | $ | 1,112 | Guarantor | total | |||||||||||||||||||||||||||||||||||
Cost of sales | — | — | (495 | ) | (646 | ) | 283 | (858 | ) | Net sales | $ | — | $ | — | $ | 795 | $ | 1,024 | $ | (341 | ) | $ | 1,478 | |||||||||||||||||||||||||||
Cost of sales | — | — | (636 | ) | (841 | ) | 341 | (1,136 | ) | |||||||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 116 | 138 | — | 254 | ||||||||||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (35 | ) | (51 | ) | (62 | ) | — | (148 | ) | Gross profit | — | — | 159 | 183 | — | 342 | |||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (26 | ) | (87 | ) | (87 | ) | — | (200 | ) | ||||||||||||||||||||||||||||||||||||||||
Operating profit (loss) | — | (35 | ) | 65 | 76 | — | 106 | |||||||||||||||||||||||||||||||||||||||||||
Loss on extinguishment of debt | — | (1 | ) | — | — | — | (1 | ) | Operating (loss) profit | — | (26 | ) | 72 | 96 | — | 142 | ||||||||||||||||||||||||||||||||||
Other income (loss), net | — | 1 | (4 | ) | 5 | — | 2 | Other income (loss), net | — | — | (2 | ) | 6 | — | 4 | |||||||||||||||||||||||||||||||||||
Interest expense | — | (47 | ) | — | (1 | ) | — | (48 | ) | Interest expense | — | (66 | ) | — | (1 | ) | — | (67 | ) | |||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | — | (82 | ) | 61 | 80 | — | 59 | Income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | — | (92 | ) | 70 | 101 | — | 79 | |||||||||||||||||||||||||||||||||||
Income tax provision | — | (4 | ) | — | (20 | ) | — | (24 | ) | Income tax provision | — | (11 | ) | — | (27 | ) | — | (38 | ) | |||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | (22 | ) | 64 | 18 | 1 | (60 | ) | 1 | Equity in income (loss), net of tax | (73 | ) | 30 | 55 | — | (12 | ) | — | |||||||||||||||||||||||||||||||||
Net income (loss) from continuing operations | (22 | ) | (22 | ) | 79 | 61 | (60 | ) | 36 | Net income (loss) from continuing operations | (73 | ) | (73 | ) | 125 | 74 | (12 | ) | 41 | |||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | (14 | ) | (43 | ) | — | (57 | ) | Loss from discontinued operations, net of tax | — | — | (94 | ) | (19 | ) | — | (113 | ) | |||||||||||||||||||||||||||||||
Net income (loss) | (22 | ) | (22 | ) | 65 | 18 | (60 | ) | (21 | ) | Net income (loss) | (73 | ) | (73 | ) | 31 | 55 | (12 | ) | (72 | ) | |||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | Less: net income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | |||||||||||||||||||||||||||||||||||||
Net income (loss) attributable to the Company | $ | (22 | ) | $ | (22 | ) | $ | 64 | $ | 18 | $ | (60 | ) | $ | (22 | ) | Net income (loss) attributable to the Company | $ | (73 | ) | $ | (73 | ) | $ | 30 | $ | 55 | $ | (12 | ) | $ | (73 | ) | |||||||||||||||||
Affinia Group Intermediate Holdings Inc. | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | Consolidating Statement of Operations | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2013 | For the Year Ended December 31, 2012 | |||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||
Total | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 204 | $ | 241 | $ | (44 | ) | $ | 401 | Net sales | $ | — | $ | — | $ | 791 | $ | 1,026 | $ | (364 | ) | $ | 1,453 | |||||||||||||||||||||||
Cost of sales | — | — | (166 | ) | (186 | ) | 44 | (308 | ) | Cost of sales | — | — | (643 | ) | (846 | ) | 364 | (1,125 | ) | |||||||||||||||||||||||||||||||
Gross profit | — | — | 38 | 55 | — | 93 | Gross profit | — | — | 148 | 180 | — | 328 | |||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (16 | ) | (17 | ) | (24 | ) | — | (57 | ) | Selling, general and administrative expenses | — | (45 | ) | (68 | ) | (84 | ) | — | (197 | ) | |||||||||||||||||||||||||||||
Operating profit (loss) | — | (16 | ) | 21 | 31 | — | 36 | Operating (loss) profit | — | (45 | ) | 80 | 96 | — | 131 | |||||||||||||||||||||||||||||||||||
Other loss, net | — | (1 | ) | — | — | — | (1 | ) | Loss on extinguishment of debt | — | (1 | ) | — | — | — | (1 | ) | |||||||||||||||||||||||||||||||||
Interest expense | — | (15 | ) | — | — | — | (15 | ) | Other income (loss), net | — | 3 | (5 | ) | 4 | — | 2 | ||||||||||||||||||||||||||||||||||
Interest expense | — | (62 | ) | — | (1 | ) | — | (63 | ) | |||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | — | (32 | ) | 21 | 31 | — | 20 | |||||||||||||||||||||||||||||||||||||||||||
Income tax provision | — | (2 | ) | (2 | ) | (5 | ) | — | (9 | ) | Income (loss) from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | — | (105 | ) | 75 | 99 | — | 69 | ||||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | 9 | 43 | 24 | (2 | ) | (76 | ) | (2 | ) | Income tax provision | — | (21 | ) | — | (27 | ) | — | (48 | ) | |||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | (103 | ) | 23 | 653 | 1 | (573 | ) | 1 | ||||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | 9 | 9 | 43 | 24 | (76 | ) | 9 | |||||||||||||||||||||||||||||||||||||||||||
Loss from discontinued operations, net of tax | — | — | — | — | — | — | Net income (loss) from continuing operations | (103 | ) | (103 | ) | 728 | 73 | (573 | ) | 22 | ||||||||||||||||||||||||||||||||||
Income (loss) from discontinued operations, net of tax | — | — | (705 | ) | 581 | — | (124 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net income | 9 | 9 | 43 | 24 | (76 | ) | 9 | |||||||||||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | Net income (loss) | (103 | ) | (103 | ) | 23 | 654 | (573 | ) | (102 | ) | |||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | — | 1 | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 9 | $ | 9 | $ | 43 | $ | 24 | $ | (76 | ) | $ | 9 | |||||||||||||||||||||||||||||||||||||
Net income (loss) attributable to the Company | $ | (103 | ) | $ | (103 | ) | $ | 23 | $ | 653 | $ | (573 | ) | $ | (103 | ) | ||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Operations | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net sales | $ | — | $ | — | $ | 617 | $ | 672 | $ | (119 | ) | $ | 1,170 | |||||||||||||||||||||||||||||||||||||
Cost of sales | — | — | (495 | ) | (524 | ) | 119 | (900 | ) | |||||||||||||||||||||||||||||||||||||||||
Gross profit | — | — | 122 | 148 | — | 270 | ||||||||||||||||||||||||||||||||||||||||||||
Selling, general and administrative expenses | — | (28 | ) | (65 | ) | (68 | ) | — | (161 | ) | ||||||||||||||||||||||||||||||||||||||||
Operating profit (loss) | — | (28 | ) | 57 | 80 | — | 109 | |||||||||||||||||||||||||||||||||||||||||||
Loss on extinguishment of debt | — | (15 | ) | — | — | — | (15 | ) | ||||||||||||||||||||||||||||||||||||||||||
Other loss, net | — | (1 | ) | (1 | ) | (1 | ) | — | (3 | ) | ||||||||||||||||||||||||||||||||||||||||
Interest expense | — | (57 | ) | — | (1 | ) | — | (58 | ) | |||||||||||||||||||||||||||||||||||||||||
Income (loss) from continuing operations before income tax provision, equity in income (loss), net of tax and noncontrolling interest | — | (101 | ) | 56 | 78 | — | 33 | |||||||||||||||||||||||||||||||||||||||||||
Income tax provision | — | — | — | (16 | ) | — | (16 | ) | ||||||||||||||||||||||||||||||||||||||||||
Equity in income (loss), net of tax | 14 | 115 | 44 | (2 | ) | (173 | ) | (2 | ) | |||||||||||||||||||||||||||||||||||||||||
Net income from continuing operations | 14 | 14 | 100 | 60 | (173 | ) | 15 | |||||||||||||||||||||||||||||||||||||||||||
Income (loss) from discontinued operations, net of tax | — | — | 15 | (16 | ) | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net income | 14 | 14 | 115 | 44 | (173 | ) | 14 | |||||||||||||||||||||||||||||||||||||||||||
Less: net income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Net income attributable to the Company | $ | 14 | $ | 14 | $ | 115 | $ | 44 | $ | (173 | ) | $ | 14 | |||||||||||||||||||||||||||||||||||||
Guarantor Condensed Consolidating Statement of Comprehensive Income | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Loss | Consolidating Statement of Comprehensive Income | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2012 | For the Year Ended December 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||
Total | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||||||||
Net income | $ | 4 | $ | 4 | $ | 35 | $ | 12 | $ | (50 | ) | $ | 5 | Net income | $ | 24 | $ | 26 | $ | 110 | $ | 78 | $ | (208 | ) | $ | 30 | |||||||||||||||||||||||
Other comprehensive income, net of tax: | Other comprehensive income (loss), net of tax: | |||||||||||||||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | 11 | 11 | — | 11 | (22 | ) | 11 | Loss on settlement pension obligations | 3 | 3 | 3 | — | (6 | ) | 3 | |||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | (2 | ) | (2 | ) | — | (2 | ) | 4 | (2 | ) | ||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income | 11 | 11 | — | 11 | (22 | ) | 11 | |||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income (loss) | 1 | 1 | 3 | (2 | ) | (2 | ) | 1 | ||||||||||||||||||||||||||||||||||||||||||
Total comprehensive income | 15 | 15 | 35 | 23 | (72 | ) | 16 | |||||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | Total comprehensive income | 25 | 27 | 113 | 76 | (210 | ) | 31 | ||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | 2 | 4 | — | — | 6 | ||||||||||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 15 | $ | 15 | $ | 34 | $ | 23 | $ | (72 | ) | $ | 15 | |||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 25 | $ | 25 | $ | 109 | $ | 76 | $ | (210 | ) | $ | 25 | |||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 | Consolidating Statement of Comprehensive Income | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2011 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Net income (loss) | $ | (22 | ) | $ | (22 | ) | $ | 65 | $ | 18 | $ | (60 | ) | $ | (21 | ) | Guarantor | total | ||||||||||||||||||||||||||||||||
Other comprehensive income, net of tax: | Net income (loss) | $ | (73 | ) | $ | (73 | ) | $ | 31 | $ | 55 | $ | (12 | ) | $ | (72 | ) | |||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | — | — | — | — | — | — | Other comprehensive loss, net of tax: | |||||||||||||||||||||||||||||||||||||||||||
Pension liability adjustment | (1 | ) | (1 | ) | — | (1 | ) | 2 | (1 | ) | ||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income | — | — | — | — | — | — | Change in foreign currency translation adjustments | (32 | ) | (32 | ) | — | (32 | ) | 64 | (32 | ) | |||||||||||||||||||||||||||||||||
Total comprehensive income (loss) | (22 | ) | (22 | ) | 65 | 18 | (60 | ) | (21 | ) | Total other comprehensive loss | (33 | ) | (33 | ) | — | (33 | ) | 66 | (33 | ) | |||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Total comprehensive income (loss) | (106 | ) | (106 | ) | 31 | 22 | 54 | (105 | ) | |||||||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) attributable to the Company | $ | (22 | ) | $ | (22 | ) | $ | 64 | $ | 18 | $ | (60 | ) | $ | (22 | ) | Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | 1 | — | — | 1 | |||||||||||||||||||||||||||
Comprehensive income (loss) attributable to the Company | $ | (106 | ) | $ | (106 | ) | $ | 30 | $ | 22 | $ | 54 | $ | (106 | ) | |||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Three Months Ended September 30, 2013 | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net income | $ | 9 | $ | 9 | $ | 43 | $ | 24 | $ | (76 | ) | $ | 9 | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | ||||||||||||||||||||||||||||||
Other comprehensive income (loss), net of tax: | Guarantor | total | ||||||||||||||||||||||||||||||||||||||||||||||||
Interest rate swap, net of tax | (1 | ) | (1 | ) | — | — | 1 | (1 | ) | Net income (loss) | $ | (103 | ) | $ | (103 | ) | $ | 23 | $ | 654 | $ | (573 | ) | $ | (102 | ) | ||||||||||||||||||||||||
Change in foreign currency translation adjustments | 2 | 2 | — | 2 | (4 | ) | 2 | Other comprehensive loss, net of tax: | ||||||||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | (15 | ) | (15 | ) | — | (15 | ) | 30 | (15 | ) | ||||||||||||||||||||||||||||||||||||||||
Total other comprehensive income | 1 | 1 | — | 2 | (3 | ) | 1 | |||||||||||||||||||||||||||||||||||||||||||
Total other comprehensive loss | (15 | ) | (15 | ) | — | (15 | ) | 30 | (15 | ) | ||||||||||||||||||||||||||||||||||||||||
Total comprehensive income | 10 | 10 | 43 | 26 | (79 | ) | 10 | |||||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | Total comprehensive income (loss) | (118 | ) | (118 | ) | 23 | 639 | (543 | ) | (117 | ) | |||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | — | 1 | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 10 | $ | 10 | $ | 43 | $ | 26 | $ | (79 | ) | $ | 10 | |||||||||||||||||||||||||||||||||||||
Comprehensive income (loss) attributable to the Company | $ | (118 | ) | $ | (118 | ) | $ | 23 | $ | 638 | $ | (543 | ) | $ | (118 | ) | ||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Comprehensive Income | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net income | $ | 14 | $ | 14 | $ | 115 | $ | 44 | $ | (173 | ) | $ | 14 | |||||||||||||||||||||||||||||||||||||
Other comprehensive income (loss), net of tax: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Interest rate swap, net of tax | 5 | 5 | — | — | (5 | ) | 5 | |||||||||||||||||||||||||||||||||||||||||||
Change in foreign currency translation adjustments | (15 | ) | (15 | ) | — | (15 | ) | 30 | (15 | ) | ||||||||||||||||||||||||||||||||||||||||
Total other comprehensive loss | (10 | ) | (10 | ) | — | (15 | ) | 25 | (10 | ) | ||||||||||||||||||||||||||||||||||||||||
Total comprehensive income | 4 | 4 | 115 | 29 | (148 | ) | 4 | |||||||||||||||||||||||||||||||||||||||||||
Less: comprehensive income attributable to noncontrolling interest, net of tax | — | — | — | — | — | — | ||||||||||||||||||||||||||||||||||||||||||||
Comprehensive income attributable to the Company | $ | 4 | $ | 4 | $ | 115 | $ | 29 | $ | (148 | ) | $ | 4 | |||||||||||||||||||||||||||||||||||||
Guarantor Condensed Consolidating Balance Sheet | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Balance Sheet | Consolidating Balance Sheet | |||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | December 31, 2011 | |||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||
Total | Guarantor | Total | ||||||||||||||||||||||||||||||||||||||||||||||||
Assets | Assets | |||||||||||||||||||||||||||||||||||||||||||||||||
Current assets: | Current assets: | |||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | $ | — | $ | 23 | $ | — | $ | 28 | $ | — | $ | 51 | Cash and cash equivalents | $ | — | $ | 9 | $ | — | $ | 45 | $ | — | $ | 54 | |||||||||||||||||||||||||
Accounts receivable | — | 2 | 39 | 122 | — | 163 | Accounts receivable | — | — | 91 | 120 | — | 211 | |||||||||||||||||||||||||||||||||||||
Inventories | — | — | 172 | 132 | — | 304 | Inventories | — | — | 164 | 112 | — | 276 | |||||||||||||||||||||||||||||||||||||
Other current assets | — | 15 | 9 | 41 | — | 65 | Other current assets | — | 64 | 9 | 30 | — | 103 | |||||||||||||||||||||||||||||||||||||
Current assets of discontinued operations | — | — | 272 | 144 | — | 416 | ||||||||||||||||||||||||||||||||||||||||||||
Total current assets | — | 40 | 220 | 323 | — | 583 | ||||||||||||||||||||||||||||||||||||||||||||
Investments and other assets | — | 197 | 41 | 20 | — | 258 | Total current assets | — | 73 | 536 | 451 | — | 1,060 | |||||||||||||||||||||||||||||||||||||
Intercompany investments | 150 | 724 | 652 | — | (1,526 | ) | — | Investments and other assets | — | 207 | 54 | 20 | — | 281 | ||||||||||||||||||||||||||||||||||||
Intercompany receivables (payables) | — | (227 | ) | (134 | ) | 361 | — | — | Intercompany investments | 334 | 1,418 | 675 | — | (2,427 | ) | — | ||||||||||||||||||||||||||||||||||
Property, plant and equipment, net | — | 2 | 48 | 69 | — | 119 | Intercompany receivables (payables) | — | (629 | ) | 271 | 358 | — | — | ||||||||||||||||||||||||||||||||||||
Property, plant and equipment, net | — | 3 | 57 | 58 | — | 118 | ||||||||||||||||||||||||||||||||||||||||||||
Total assets | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | |||||||||||||||||||||||||||||||||||||
Total assets | $ | 334 | $ | 1,072 | $ | 1,593 | $ | 887 | $ | (2,427 | ) | $ | 1,459 | |||||||||||||||||||||||||||||||||||||
Liabilities and shareholder’s equity | ||||||||||||||||||||||||||||||||||||||||||||||||||
Current liabilities: | Liabilities and Equity | |||||||||||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | — | $ | 11 | $ | 79 | $ | 53 | $ | — | $ | 143 | Current liabilities: | |||||||||||||||||||||||||||||||||||||
Notes payable | — | — | — | 23 | — | 23 | Accounts payable | $ | — | $ | 12 | $ | 74 | $ | 40 | $ | — | $ | 126 | |||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | — | 7 | 3 | 7 | — | 17 | Notes payable | — | — | — | 20 | — | 20 | |||||||||||||||||||||||||||||||||||||
Other accrued expenses | — | 15 | 21 | 32 | — | 68 | Accrued payroll and employee benefits | — | 3 | 2 | 5 | — | 10 | |||||||||||||||||||||||||||||||||||||
Other accrued liabilities | — | 20 | 30 | 30 | — | 80 | ||||||||||||||||||||||||||||||||||||||||||||
Total current liabilities | — | 33 | 103 | 115 | — | 251 | Current liabilities of discontinued operations | — | — | 69 | 114 | — | 183 | |||||||||||||||||||||||||||||||||||||
Deferred employee benefits and noncurrent liabilities | — | 6 | — | 6 | — | 12 | ||||||||||||||||||||||||||||||||||||||||||||
Long-term debt | — | 546 | — | — | — | 546 | Total current liabilities | — | 35 | 175 | 209 | — | 419 | |||||||||||||||||||||||||||||||||||||
Deferred employee benefits and noncurrent liabilities | — | 12 | — | 3 | — | 15 | ||||||||||||||||||||||||||||||||||||||||||||
Total liabilities | — | 585 | 103 | 121 | — | 809 | Long-term debt | — | 678 | — | — | — | 678 | |||||||||||||||||||||||||||||||||||||
Total shareholder’s equity | 150 | 151 | 724 | 652 | (1,526 | ) | 151 | |||||||||||||||||||||||||||||||||||||||||||
Total liabilities | — | 725 | 175 | 212 | — | 1,112 | ||||||||||||||||||||||||||||||||||||||||||||
Total liabilities and equity | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | Total shareholder’s equity | 334 | 347 | 1,418 | 675 | (2,427 | ) | 347 | |||||||||||||||||||||||||||||
Total liabilities and equity | $ | 334 | $ | 1,072 | $ | 1,593 | $ | 887 | $ | (2,427 | ) | $ | 1,459 | |||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Balance Sheet | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
September 30, 2013 | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Balance Sheet | ||||||||||||||||||||||||||||||||||||||||||||||||||
December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Eliminations | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Assets | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Eliminations | Consolidated | |||||||||||||||||||||||||||||||||||||||||||
Current assets: | Guarantor | Total | ||||||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents | $ | — | $ | 53 | $ | — | $ | 33 | $ | — | $ | 86 | Assets | |||||||||||||||||||||||||||||||||||||
Trade accounts receivable | — | — | 50 | 132 | — | 182 | Current assets: | |||||||||||||||||||||||||||||||||||||||||||
Inventories, net | — | — | 166 | 136 | — | 302 | Cash and cash equivalents | $ | — | $ | 23 | $ | — | $ | 28 | $ | — | $ | 51 | |||||||||||||||||||||||||||||||
Other current assets | — | 30 | 7 | 57 | — | 94 | Accounts receivable | — | 2 | 39 | 122 | — | 163 | |||||||||||||||||||||||||||||||||||||
Inventories | — | — | 172 | 132 | — | 304 | ||||||||||||||||||||||||||||||||||||||||||||
Total current assets | — | 83 | 223 | 358 | — | 664 | Other current assets | — | 15 | 9 | 41 | — | 65 | |||||||||||||||||||||||||||||||||||||
Investments and other assets | — | 148 | 74 | 25 | — | 247 | ||||||||||||||||||||||||||||||||||||||||||||
Intercompany investments | (197 | ) | 1,154 | 704 | — | (1,661 | ) | — | Total current assets | — | 40 | 220 | 323 | — | 583 | |||||||||||||||||||||||||||||||||||
Intercompany receivables (payables) | — | (625 | ) | 221 | 404 | — | — | Investments and other assets | — | 197 | 41 | 20 | — | 258 | ||||||||||||||||||||||||||||||||||||
Property, plant and equipment, net | — | 2 | 53 | 69 | — | 124 | Intercompany investments | 150 | 724 | 652 | — | (1,526 | ) | — | ||||||||||||||||||||||||||||||||||||
Intercompany receivables (payables) | — | (227 | ) | (134 | ) | 361 | — | — | ||||||||||||||||||||||||||||||||||||||||||
Total assets | $ | (197 | ) | $ | 762 | $ | 1,275 | $ | 856 | $ | (1,661 | ) | $ | 1,035 | Property, plant and equipment, net | — | 2 | 48 | 69 | — | 119 | |||||||||||||||||||||||||||||
Liabilities and shareholder’s equity | Total assets | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | ||||||||||||||||||||||||||||||||||||
Current liabilities: | ||||||||||||||||||||||||||||||||||||||||||||||||||
Accounts payable | $ | — | $ | 7 | $ | 90 | $ | 69 | $ | — | $ | 166 | Liabilities and Equity | |||||||||||||||||||||||||||||||||||||
Notes payable | — | — | — | 22 | — | 22 | Current liabilities: | |||||||||||||||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | — | 4 | 6 | 11 | — | 21 | Accounts payable | $ | — | $ | 11 | $ | 79 | $ | 53 | $ | — | $ | 143 | |||||||||||||||||||||||||||||||
Other accrued expenses | — | 23 | 24 | 45 | — | 92 | Notes payable | — | — | — | 23 | — | 23 | |||||||||||||||||||||||||||||||||||||
Accrued payroll and employee benefits | — | 7 | 3 | 7 | — | 17 | ||||||||||||||||||||||||||||||||||||||||||||
Total current liabilities | — | 34 | 120 | 147 | — | 301 | Other accrued liabilities | — | 15 | 21 | 32 | — | 68 | |||||||||||||||||||||||||||||||||||||
Deferred employee benefits and noncurrent liabilities | — | 8 | 1 | 5 | — | 14 | ||||||||||||||||||||||||||||||||||||||||||||
Long-term debt | — | 916 | — | — | — | 916 | Total current liabilities | — | 33 | 103 | 115 | — | 251 | |||||||||||||||||||||||||||||||||||||
Deferred employee benefits and noncurrent liabilities | — | 6 | — | 6 | — | 12 | ||||||||||||||||||||||||||||||||||||||||||||
Total liabilities | — | 958 | 121 | 152 | — | 1,231 | Long-term debt | — | 546 | — | — | — | 546 | |||||||||||||||||||||||||||||||||||||
Total shareholder’s equity | (197 | ) | (196 | ) | 1,154 | 704 | (1,661 | ) | (196 | ) | ||||||||||||||||||||||||||||||||||||||||
Total liabilities | — | 585 | 103 | 121 | — | 809 | ||||||||||||||||||||||||||||||||||||||||||||
Total liabilities and shareholder’s equity | $ | (197 | ) | $ | 762 | $ | 1,275 | $ | 856 | $ | (1,661 | ) | $ | 1,035 | Total shareholder’s equity | 150 | 151 | 724 | 652 | (1,526 | ) | 151 | ||||||||||||||||||||||||||||
Total liabilities and equity | $ | 150 | $ | 736 | $ | 827 | $ | 773 | $ | (1,526 | ) | $ | 960 | |||||||||||||||||||||||||||||||||||||
Guarantor Condensed Consolidating Statement of Cash Flows | ' | ' | ||||||||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | Consolidating Statement of Cash Flows | |||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2012 | For the Year Ended December 31, 2010 | |||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Elimination | Consolidated | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Elimination | Consolidated | |||||||||||||||||||||||||||||||||||||
Total | Guarantor | Total | ||||||||||||||||||||||||||||||||||||||||||||||||
Operating activities | Operating activities | |||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | 70 | $ | 6 | $ | 12 | $ | — | $ | 88 | Net cash (used in) provided by operating activities | $ | — | $ | (57 | ) | $ | 75 | $ | 5 | $ | — | $ | 23 | ||||||||||||||||||||||||
Investing activities | Investing activities | |||||||||||||||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | 1 | — | 1 | Proceeds from sales of assets | — | — | — | 1 | — | 1 | |||||||||||||||||||||||||||||||||||||
Additions to property, plant and equipment | — | — | (7 | ) | (12 | ) | — | (19 | ) | Investments in companies, net of cash acquired | — | — | (51 | ) | — | — | (51 | ) | ||||||||||||||||||||||||||||||||
Proceeds from sales of assets | — | — | 1 | 3 | — | 4 | Proceeds from sale of affiliates | — | 11 | — | — | — | 11 | |||||||||||||||||||||||||||||||||||||
Change in restricted cash | — | — | — | (3 | ) | — | (3 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (6 | ) | (8 | ) | — | (14 | ) | Additions to property, plant, and equipment | — | (2 | ) | (17 | ) | (33 | ) | — | (52 | ) | ||||||||||||||||||||||||||||||
Financing activities | Other investing activities | — | — | (4 | ) | — | — | (4 | ) | |||||||||||||||||||||||||||||||||||||||||
Net decrease in other short-term debt | — | — | — | (4 | ) | — | (4 | ) | ||||||||||||||||||||||||||||||||||||||||||
Payments of other debt | — | — | — | (2 | ) | — | (2 | ) | Net cash provided by (used in) investing activities | — | 9 | (72 | ) | (35 | ) | — | (98 | ) | ||||||||||||||||||||||||||||||||
Repayment on Secured Notes | — | (23 | ) | — | — | — | (23 | ) | Financing activities | |||||||||||||||||||||||||||||||||||||||||
Net payments of ABL Revolver | — | (50 | ) | — | — | — | (50 | ) | Net increase in other short-term debt | — | — | — | 13 | — | 13 | |||||||||||||||||||||||||||||||||||
Proceeds from other debt | — | — | — | 2 | — | 2 | ||||||||||||||||||||||||||||||||||||||||||||
Net cash used in financing activities | — | (73 | ) | — | (6 | ) | — | (79 | ) | Proceeds from Subordinated Notes | — | 100 | — | — | — | 100 | ||||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | — | — | — | Repayment on Secured Notes | — | (23 | ) | — | — | — | (23 | ) | |||||||||||||||||||||||||||||||||||
Decrease in cash and cash equivalents | — | (3 | ) | — | (2 | ) | — | (5 | ) | Capital contribution | — | — | — | 3 | — | 3 | ||||||||||||||||||||||||||||||||||
Cash and cash equivalents at beginning of the period | — | 9 | — | 45 | — | 54 | Payment of deferred financing costs | — | (5 | ) | — | — | — | (5 | ) | |||||||||||||||||||||||||||||||||||
Purchase of noncontrolling interest | — | (24 | ) | — | — | — | (24 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of the period | $ | — | $ | 6 | $ | — | $ | 43 | $ | — | $ | 49 | ||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | 48 | — | 18 | — | 66 | ||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | Change in cash and cash equivalents | — | — | 3 | (13 | ) | — | (10 | ) | |||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | Cash and cash equivalents at beginning of period | — | 9 | — | 56 | — | 65 | |||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Nine Months Ended September 30, 2013 | Cash and cash equivalents at end of period | $ | — | $ | 9 | $ | 3 | $ | 43 | $ | — | $ | 55 | |||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Elimination | Consolidated | Affinia Group Intermediate Holdings Inc. | |||||||||||||||||||||||||||||||||||||||||||
Total | Guarantor Condensed | |||||||||||||||||||||||||||||||||||||||||||||||||
Operating activities | Consolidating Statement of Cash Flows | |||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by operating activities | $ | — | $ | 43 | $ | 10 | $ | 16 | $ | — | $ | 69 | For the Year Ended December 31, 2011 | |||||||||||||||||||||||||||||||||||||
Investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Investment in companies, net of cash acquired | — | — | — | (1 | ) | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Additions to property, plant and equipment | — | — | (10 | ) | (8 | ) | — | (18 | ) | (Dollars in millions) | Parent | Issuer | Guarantor | Non- | Elimination | Consolidated | ||||||||||||||||||||||||||||||||||
Guarantor | Total | |||||||||||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (10 | ) | (9 | ) | — | (19 | ) | Operating activities | ||||||||||||||||||||||||||||||||||||||||
Financing activities | Net cash provided by (used in) operating activities | $ | — | $ | (20 | ) | $ | 11 | $ | 23 | $ | — | $ | 14 | ||||||||||||||||||||||||||||||||||||
Net decrease in other short-term debt | — | — | — | (1 | ) | — | (1 | ) | Investing activities | |||||||||||||||||||||||||||||||||||||||||
Repayment of Secured Notes | — | (195 | ) | — | — | — | (195 | ) | Proceeds from sales of assets | — | — | — | 9 | — | 9 | |||||||||||||||||||||||||||||||||||
Repayment of Subordinated Notes | — | (367 | ) | — | — | — | (367 | ) | Investments in companies, net of cash acquired | — | — | (1 | ) | — | — | (1 | ) | |||||||||||||||||||||||||||||||||
Repayment on Term Loans | — | (1 | ) | — | — | — | (1 | ) | Change in restricted cash | — | — | — | 5 | — | 5 | |||||||||||||||||||||||||||||||||||
Proceeds from Senior Notes | — | 250 | — | — | — | 250 | Additions to property, plant, and equipment | — | — | (16 | ) | (39 | ) | — | (55 | ) | ||||||||||||||||||||||||||||||||||
Proceeds from Term Loans | — | 667 | — | — | — | 667 | Other investing activities | — | — | 3 | — | — | 3 | |||||||||||||||||||||||||||||||||||||
Distribution to our shareholder | — | (352 | ) | — | — | — | (352 | ) | ||||||||||||||||||||||||||||||||||||||||||
Payment of deferred financing costs | — | (15 | ) | — | — | — | (15 | ) | Net cash used in investing activities | — | — | (14 | ) | (25 | ) | — | (39 | ) | ||||||||||||||||||||||||||||||||
Financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash used in financing activities | — | (13 | ) | — | (1 | ) | — | (14 | ) | Net decrease in other short-term debt | — | — | — | (6 | ) | — | (6 | ) | ||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | (1 | ) | — | (1 | ) | Proceeds from other debt | — | — | — | 20 | — | 20 | |||||||||||||||||||||||||||||||||||
Increase in cash and cash equivalents | — | 30 | — | 5 | — | 35 | Payments of other debt | — | — | — | (10 | ) | — | (10 | ) | |||||||||||||||||||||||||||||||||||
Cash and cash equivalents at beginning of the period | — | 23 | — | 28 | — | 51 | Capital contribution | — | — | — | 2 | — | 2 | |||||||||||||||||||||||||||||||||||||
Net proceeds from ABL Revolver | — | 20 | — | — | — | 20 | ||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of the period | $ | — | $ | 53 | $ | — | $ | 33 | $ | — | $ | 86 | ||||||||||||||||||||||||||||||||||||||
Net cash provided by financing activities | — | 20 | — | 6 | — | 26 | ||||||||||||||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | (2 | ) | — | (2 | ) | ||||||||||||||||||||||||||||||||||||||||||
Change in cash and cash equivalents | — | — | (3 | ) | 2 | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at beginning of period | — | 9 | 3 | 43 | — | 55 | ||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of period | $ | — | $ | 9 | $ | — | $ | 45 | $ | — | $ | 54 | ||||||||||||||||||||||||||||||||||||||
Affinia Group Intermediate Holdings Inc. | ||||||||||||||||||||||||||||||||||||||||||||||||||
Guarantor Condensed | ||||||||||||||||||||||||||||||||||||||||||||||||||
Consolidating Statement of Cash Flows | ||||||||||||||||||||||||||||||||||||||||||||||||||
For the Year Ended December 31, 2012 | ||||||||||||||||||||||||||||||||||||||||||||||||||
(Dollars in millions) | Parent | Issuer | Guarantor | Non-Guarantor | Elimination | Consolidated | ||||||||||||||||||||||||||||||||||||||||||||
Total | ||||||||||||||||||||||||||||||||||||||||||||||||||
Operating activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net cash provided by (used in) operating activities | $ | — | $ | 151 | $ | (58 | ) | $ | 4 | $ | — | $ | 97 | |||||||||||||||||||||||||||||||||||||
Investing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Proceeds from sales of assets | — | — | 1 | 3 | — | 4 | ||||||||||||||||||||||||||||||||||||||||||||
Additions to property, plant, and equipment | — | — | (8 | ) | (19 | ) | — | (27 | ) | |||||||||||||||||||||||||||||||||||||||||
Net cash used in investing activities | — | — | (7 | ) | (16 | ) | — | (23 | ) | |||||||||||||||||||||||||||||||||||||||||
Financing activities | ||||||||||||||||||||||||||||||||||||||||||||||||||
Net decrease in other short-term debt | — | — | — | (4 | ) | — | (4 | ) | ||||||||||||||||||||||||||||||||||||||||||
Payments of other debt | — | — | — | (2 | ) | — | (2 | ) | ||||||||||||||||||||||||||||||||||||||||||
Repayment on Secured Notes | — | (23 | ) | — | — | — | (23 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net payments of ABL Revolver | — | (110 | ) | — | — | — | (110 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash related to the deconsolidation of BPI | — | — | (11 | ) | — | — | (11 | ) | ||||||||||||||||||||||||||||||||||||||||||
Proceeds from BPI’s new credit facility | — | — | 76 | — | — | 76 | ||||||||||||||||||||||||||||||||||||||||||||
Payment of deferred financing costs | — | (1 | ) | — | — | — | (1 | ) | ||||||||||||||||||||||||||||||||||||||||||
Purchase of noncontrolling interest | — | (3 | ) | — | — | — | (3 | ) | ||||||||||||||||||||||||||||||||||||||||||
Net cash provided by (used in) financing activities | — | (136 | ) | 65 | (6 | ) | — | (78 | ) | |||||||||||||||||||||||||||||||||||||||||
Effect of exchange rates on cash | — | — | — | 1 | — | 1 | ||||||||||||||||||||||||||||||||||||||||||||
Change in cash and cash equivalents | — | 14 | — | (17 | ) | — | (3 | ) | ||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at beginning of period | — | 9 | — | 45 | — | 54 | ||||||||||||||||||||||||||||||||||||||||||||
Cash and cash equivalents at end of period | $ | — | $ | 23 | $ | — | $ | 28 | $ | — | $ | 51 | ||||||||||||||||||||||||||||||||||||||
Refinancing_Tables
Refinancing (Tables) | 9 Months Ended | ||||||||||||||
Sep. 30, 2013 | |||||||||||||||
Text Block [Abstract] | ' | ||||||||||||||
Summary of Sources and Uses of Refinancing | ' | ||||||||||||||
The sources and uses of proceeds of the refinancing consisted of the following: | |||||||||||||||
(Dollars in millions) | Sources | Uses | |||||||||||||
Term Loan B-1(1) | $ | 199 | Redeemed Secured Notes | $ | 180 | ||||||||||
Term Loan B-2(1) | 468 | Redeemed Subordinated Notes | 367 | ||||||||||||
Senior Notes | 250 | Distribution to Shareholder: | |||||||||||||
Cash on hand | 31 | Redeemed Holdings’ Preferred Shares(2) | 156 | ||||||||||||
Repaid Holdings’ Seller Note(2) | 61 | ||||||||||||||
Distribution to Holdings’ Stockholders(2) | 133 | ||||||||||||||
Total distribution to Shareholder(2) | 350 | ||||||||||||||
Interest payments on Secured and Subordinated Notes | 21 | ||||||||||||||
Call premium on Secured Notes | 15 | ||||||||||||||
Deferred financing costs(3) | 15 | ||||||||||||||
$ | 948 | $ | 948 | ||||||||||||
-1 | Less original issue discount of $2 million for Term Loan B-2 and $1 million for Term Loan B-1. | ||||||||||||||
-2 | A distribution to our shareholder of $350 million was used for redemption of its preferred shares, payment of its debt and a distribution to its stockholders. | ||||||||||||||
-3 | The deferred financing costs paid on the date of the refinancing were $13 million and $2 million was subsequently paid in the remainder of the second quarter of 2013. |
Changes_in_Accumulated_Other_C1
Changes in Accumulated Other Comprehensive Income (Loss) (Tables) | 9 Months Ended | ||||||||||||||||
Sep. 30, 2013 | |||||||||||||||||
Equity [Abstract] | ' | ||||||||||||||||
Components of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax | ' | ||||||||||||||||
Changes in accumulated other comprehensive income (loss) by component, net of tax, for the three months ended September 30, 2013: | |||||||||||||||||
(Dollars in millions) | Interest rate swap, | Pension | Foreign | Total | |||||||||||||
net of tax | adjustments | currency | accumulated | ||||||||||||||
translation | other | ||||||||||||||||
adjustment | comprehensive | ||||||||||||||||
loss | |||||||||||||||||
Balance at July 1, 2013 | $ | 6 | $ | (2 | ) | $ | (24 | ) | $ | (20 | ) | ||||||
Other comprehensive income (loss) before reclassifications | (2 | ) | — | 2 | — | ||||||||||||
Amounts reclassified from accumulated other comprehensive income | 1 | — | — | 1 | |||||||||||||
Net current-period other comprehensive income (loss) | (1 | ) | — | 2 | 1 | ||||||||||||
Balance at September 30, 2013 | $ | 5 | $ | (2 | ) | $ | (22 | ) | $ | (19 | ) | ||||||
Changes in accumulated other comprehensive income (loss) by component, net of tax, for the nine months ended September 30, 2013: | |||||||||||||||||
(Dollars in millions) | Interest rate swap, | Pension | Foreign | Total | |||||||||||||
net of tax | adjustments | currency | accumulated | ||||||||||||||
translation | other | ||||||||||||||||
adjustment | comprehensive | ||||||||||||||||
loss | |||||||||||||||||
Balance at January 1, 2013 | $ | — | $ | (2 | ) | $ | (7 | ) | $ | (9 | ) | ||||||
Other comprehensive income (loss) before reclassifications | 4 | — | (15 | ) | (11 | ) | |||||||||||
Amounts reclassified from accumulated other comprehensive income | 1 | — | — | 1 | |||||||||||||
Net current-period other comprehensive income (loss) | 5 | — | (15 | ) | (10 | ) | |||||||||||
Balance at September 30, 2013 | $ | 5 | $ | (2 | ) | $ | (22 | ) | $ | (19 | ) | ||||||
Organization_and_Description_o
Organization and Description of Business - Additional Information (Detail) | Sep. 30, 2013 | Dec. 31, 2012 |
Accounting Policies [Abstract] | ' | ' |
Percentage of sales | 98.00% | 98.00% |
Summary_of_Significant_Account2
Summary of Significant Accounting Policies - Additional Information (Detail) (USD $) | 12 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | |||||||||||||||||||||||||
In Millions, except Share data, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2010 | Jul. 20, 2005 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 |
Customer | Customer | Customer | Continuing operations [Member] | Continuing operations [Member] | Continuing operations [Member] | Discontinuing operations [Member] | Discontinuing operations [Member] | Discontinuing operations [Member] | Major Customer One [Member] | Major Customer One [Member] | Major Customer One [Member] | Major Customer Two [Member] | Major Customer Two [Member] | Major Customer Two [Member] | 2005 Stock Plan [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | ||
Building and building improvements [Member] | Machinery and equipment [Member] | Tooling and office equipment [Member] | Furniture and fixtures [Member] | Building and building improvements [Member] | Machinery and equipment [Member] | Tooling and office equipment [Member] | Furniture and fixtures [Member] | ||||||||||||||||||||||
Significant Accounting Policies [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of sales to its largest customers | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 26.00% | 26.00% | 27.00% | 7.00% | 8.00% | 6.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of accounts receivable to total accounts receivable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23.00% | 32.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of accounts receivable to total accounts receivable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.00% | 9.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of major customers | 2 | 2 | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gains and losses arising from foreign currency transactions | $2 | $1 | $2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Allowance for doubtful accounts | 3 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Estimated useful life, intangibles | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '5 years | ' | ' | ' | ' | '20 years | ' | ' | ' | ' | ' | ' |
Estimated useful life, properties | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '20 years | '5 years | '3 years | '3 years | ' | ' | ' | '30 years | '10 years | '5 years | '10 years |
Advertising expenses | ' | ' | ' | ' | 22 | 26 | 19 | 5 | 7 | 8 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Research and development expenses | 1 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' |
Stock-based compensation expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1 | ' | ' | ' | ' | ' |
Number of shares of common stock subject to awards | 350,000 | 350,000 | ' | 350,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 350,000 | ' | ' | ' | ' | ' | ' | ' | 350,000 | ' | ' | ' | ' |
Percentage of deferral matched with common stock | 25.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discontinued_Operation_Brake_A
Discontinued Operation - Brake - Additional Information (Detail) (USD $) | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 3 Months Ended | ||||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2012 | Nov. 30, 2012 | Dec. 31, 2012 | Nov. 30, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Jun. 28, 2012 | Jun. 30, 2012 |
BPI Holdings International, Inc. [Member] | BPI Holdings International, Inc. [Member] | BPI Holdings International, Inc. [Member] | BPI Holdings International, Inc. [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | Juarez Asset Sale [Member] | Juarez Asset Sale [Member] | ||
Class A [Member] | Class A [Member] | |||||||||||||
Long Lived Assets Held-for-sale [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Capital stock distribution | ' | 100.00% | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common stock and to the holders of Holding's | ' | ' | ' | 9.50% | 9.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Preferred Stock, par value | ' | ' | ' | $0.01 | $0.01 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fair value of shares available for distribution | ($63) | $63 | $63 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Decrease in noncontrolling interest | 13 | 13 | 13 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash dividend received | ' | 70 | 70 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Borrowings under new credit facility | 76 | 76.5 | 76 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Cash included in distribution | 11 | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Asset Purchase Agreement sale price | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.5 | ' |
Asset impairment charge and loss on sale | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6 |
Impairment charge recorded within discontinued operations | ' | ' | 86 | ' | ' | ' | ' | ' | ' | ' | 165 | ' | ' | ' |
Tax benefit relating to impairment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 57 | ' | ' | ' |
Operating profit (loss) | ' | ' | 5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Loss on discontinued operations before income tax provision | ' | ' | 91 | ' | ' | ' | 19 | -1 | 91 | 91 | 174 | 2 | ' | ' |
Income tax provision related to discontinued operations | ' | ' | $33 | ' | ' | ' | ($9) | $2 | ($34) | $33 | ($61) | ($3) | ' | ' |
Discontinued_Operation_Brake_S
Discontinued Operation - Brake - Summary of Net Sales, Income (Loss) Before Income Tax Benefit (Provision), Income Tax Benefit (Provision), Loss from Discontinued Operations, Net of Tax, Net Income Attributable to Noncontrolling Interest, Net of Tax and Loss Attributable to the Discontinued Operations (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from discontinued operations, net of tax | ' | ($10) | ($1) | ($57) | ($124) | ($113) | $1 |
Brake North America and Asia group [Member] | ' | ' | ' | ' | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | 159 | ' | 480 | 582 | 637 | 632 |
Income (loss) before income tax benefit (provision) | ' | -19 | 1 | -91 | -91 | -174 | -2 |
Income tax benefit (provision) | ' | 9 | -2 | 34 | -33 | 61 | 3 |
Income (loss) from discontinued operations, net of tax | ' | -10 | -1 | -57 | -124 | -113 | 1 |
Less: net income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | 1 | 1 | 6 |
Loss attributable to the discontinued operations | ' | ($11) | ($1) | ($58) | ($125) | ($114) | ($5) |
Discontinued_Operation_Brake_S1
Discontinued Operation - Brake - Schedule of Assets and Liabilities Held for Sale (Detail) (USD $) | Dec. 31, 2011 |
In Millions, unless otherwise specified | |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' |
Total liabilities of discontinued operations | $183 |
Brake North America and Asia group [Member] | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' |
Restricted cash | 7 |
Accounts receivable | 75 |
Inventory | 221 |
Current deferred taxes | 4 |
Prepaid taxes | 51 |
Other current assets | 7 |
Property, plant and equipment | 122 |
Goodwill | 25 |
Other intangible assets | 53 |
Deferred income taxes | 7 |
Other assets | 9 |
Impairment of assets | -165 |
Total assets of discontinued operations | 416 |
Accounts payable | 59 |
Notes payable | 20 |
Other accrued expenses | 82 |
Accrued payroll and employee benefits | 14 |
Deferred employee benefits and other noncurrent liabilities | 8 |
Total liabilities of discontinued operations | $183 |
Inventories_net_Summary_of_Inv
Inventories, net - Summary of Inventories (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Inventory Disclosure [Abstract] | ' | ' | ' |
Raw materials | $67 | $77 | $68 |
Work- in- process | 17 | 19 | 19 |
Finished goods | 218 | 208 | 189 |
Inventories, net | $302 | $304 | $276 |
Inventories_net_Summary_of_Inv1
Inventories, net - Summary of Inventories (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | Dec. 31, 2011 |
In Millions, unless otherwise specified | |
Brake North America and Asia group [Member] | ' |
Inventory [Line Items] | ' |
Excluded inventory classified in current assets of discontinued operations | $221 |
Goodwill_Additional_Informatio
Goodwill - Additional Information (Detail) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2010 |
Goodwill [Line Items] | ' | ' | ' | ' |
Goodwill | $24 | $28 | $25 | $59 |
Reduction of goodwill as a result of tax adjustments | -4 | -8 | ' | ' |
North American Parts Distributors [Member] | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' |
Goodwill | 22 | ' | 22 | ' |
2008 minor acquisition [Member] | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' |
Goodwill | 2 | ' | 2 | ' |
2004 initial acquisition [Member] | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' |
Goodwill | 0 | ' | ' | ' |
2013 minor acquisition [Member] | ' | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' | ' |
Goodwill | ' | ' | $1 | ' |
Goodwill_Summary_of_Goodwill_A
Goodwill - Summary of Goodwill Activity (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 |
Goodwill [Line Items] | ' | ' | ' |
Beginning balance | $28 | $59 | $25 |
Tax benefit reductions | -4 | -8 | ' |
Currency and other adjustments | ' | 2 | ' |
Ending balance | 24 | 28 | 25 |
Brake North America and Asia group [Member] | ' | ' | ' |
Goodwill [Line Items] | ' | ' | ' |
Discontinued operations - Brake North America and Asia group | ' | ($25) | ' |
Goodwill_Summary_of_Goodwill_A1
Goodwill - Summary of Goodwill Activity (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | Dec. 31, 2011 |
In Millions, unless otherwise specified | |
Brake North America and Asia group [Member] | ' |
Goodwill [Line Items] | ' |
Discontinued operations - Brake North America and Asia group | $25 |
Other_Intangible_Assets_Additi
Other Intangible Assets - Additional Information (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' |
Intangible asset amortization | $6 | $9 | $8 |
Amortization discontinued operations, 2013 | 5 | ' | ' |
Amortization discontinued operations, 2014 | 5 | ' | ' |
Amortization discontinued operations, 2015 | 5 | ' | ' |
Amortization discontinued operations, 2016 | 4 | ' | ' |
Amortization discontinued operations, 2017 | 4 | ' | ' |
Impairments of other intangible assets | 1 | ' | ' |
Accumulated amortization related to the continuing operations for the intangibles | 39 | 33 | ' |
Brake North America and Asia group [Member] | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' |
Amortization discontinued operations | ' | 4 | 4 |
Minimum [Member] | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' |
Amortization expense Period | '5 years | ' | ' |
Maximum [Member] | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' |
Amortization expense Period | '20 years | ' | ' |
Impairments of other intangible assets | ' | 1 | ' |
Customer relationships [Member] | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' |
Intangible asset amortization | 4 | 7 | ' |
Impairments of other intangible assets | ' | ' | ' |
Weighted average amortization period | '20 years | ' | ' |
Developed technology and other intangibles [Member] | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' |
Intangible asset amortization | 2 | 2 | ' |
Impairments of other intangible assets | ' | ' | ' |
Weighted average amortization period | '13 years | ' | ' |
Other_Intangible_Assets_Other_
Other Intangible Assets - Other Intangible Assets (Detail) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Amortization | ($6) | ($9) | ($8) | ' |
Impairment | 1 | ' | ' | ' |
Beginning balance | 94 | 156 | ' | 85 |
Impairment | ' | ' | ' | ' |
Ending balance | 88 | 94 | 156 | 85 |
Brake North America and Asia group [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Other | ' | -53 | ' | ' |
Trade names [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Beginning balance | 36 | 48 | ' | ' |
Amortization | ' | ' | ' | ' |
Impairment | ' | ' | ' | ' |
Ending balance | 36 | 36 | ' | ' |
Trade names [Member] | Brake North America and Asia group [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Other | ' | -12 | ' | ' |
Customer relationships [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Amortization | -4 | -7 | ' | ' |
Beginning balance | 47 | 92 | ' | ' |
Impairment | ' | ' | ' | ' |
Ending balance | 43 | 47 | ' | ' |
Customer relationships [Member] | Brake North America and Asia group [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Other | ' | -38 | ' | ' |
Developed technology and other intangibles [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Amortization | -2 | -2 | ' | ' |
Beginning balance | 11 | 16 | ' | ' |
Impairment | ' | ' | ' | ' |
Ending balance | 9 | 11 | ' | ' |
Developed technology and other intangibles [Member] | Brake North America and Asia group [Member] | ' | ' | ' | ' |
Finite-Lived Intangible Assets [Line Items] | ' | ' | ' | ' |
Other | ' | ($3) | ' | ' |
Other_Intangible_Assets_Other_1
Other Intangible Assets - Other Intangible Assets (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | Dec. 31, 2011 |
In Millions, unless otherwise specified | |
Brake North America and Asia group [Member] | ' |
Finite-Lived Intangible Assets [Line Items] | ' |
Disposal group including discontinued operation intangible assets net | $53 |
Derivatives_Additional_Informa
Derivatives - Additional Information (Detail) (USD $) | 9 Months Ended | 1 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 |
Term Loans B [Member] | Currency forward contracts [Member] | Currency forward contracts [Member] | Interest rate swap [Member] | ||
Derivative [Line Items] | ' | ' | ' | ' | ' |
Aggregate notional amount | ' | ' | $75 | $69 | $300 |
Asset Derivative | ' | ' | 1 | 1 | ' |
Liability Derivative | ' | ' | 1 | 1 | ' |
Term loan due date | ' | 25-Apr-20 | ' | ' | ' |
Reclassified from other comprehensive Income into interest expense | $1 | ' | ' | ' | ' |
Derivatives_Notional_Amount_an
Derivatives - Notional Amount and Fair Value of Outstanding Currency Forward Contracts (Detail) (Currency Forward Contracts [Member], USD $) | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | ||
Currency Forward Contracts [Member] | ' | ' |
Derivative [Line Items] | ' | ' |
Notional Amount | $69 | $62 |
Asset Derivative | ' | 1 |
Liability Derivative | ' | ' |
Derivatives_Schedule_of_Forwar
Derivatives - Schedule of Forward Contract Currency Gains and Losses (Detail) (USD $) | 12 Months Ended | 3 Months Ended | 9 Months Ended | ||||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 |
Currency Forward Contracts [Member] | Currency Forward Contracts [Member] | Currency Forward Contracts [Member] | Currency Forward Contracts [Member] | ||||
Derivative [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Gain (loss) on derivative instruments | $2 | $1 | ($7) | ' | $2 | ' | $2 |
Debt_Additional_Information_De
Debt - Additional Information (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | |||||||||||||||||||||||||
In Millions, unless otherwise specified | Apr. 25, 2013 | Jun. 25, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2010 | 31-May-12 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 16, 2010 | Dec. 16, 2010 | 31-May-12 | Dec. 31, 2012 | Dec. 31, 2010 | Jun. 30, 2012 | 22-May-12 | Nov. 30, 2010 | Dec. 31, 2012 | Nov. 30, 2010 | Dec. 31, 2012 | Nov. 30, 2010 | Dec. 31, 2012 | 22-May-12 | Dec. 31, 2012 | 22-May-12 | Dec. 31, 2012 | Jun. 25, 2012 | Aug. 13, 2009 | Jun. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2010 | Dec. 31, 2012 | Jun. 30, 2009 | Nov. 30, 2004 | Dec. 31, 2010 | Dec. 31, 2010 | Dec. 09, 2010 | Dec. 31, 2012 |
BasisPoint | BasisPoint | Revolving Credit Facility [Member] | Term Loan Facility [Member] | Accounts Receivable Facility [Member] | Affinia India Private Limited Acquisition [Member] | NAPD Acquisition [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | ABL Revolver [Member] | U.S. domestic borrowers [Member] | U.S. domestic borrowers [Member] | Canadian borrower [Member] | Canadian borrower [Member] | ABL Revolver [Member] | Secured Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Senior Subordinated Notes [Member] | Senior Subordinated Notes [Member] | Senior Subordinated Notes [Member] | Subordinated Debt [Member] | 9% Senior subordinated notes, due November 2014 [Member] | 9% Senior subordinated notes, due November 2014 [Member] | |||||||
Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | |||||||||||||||||||||||||||||||||||||
Debt [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt maturity | ' | ' | ' | ' | ' | ' | ' | ' | 30-Nov-10 | 30-Nov-11 | 30-Nov-09 | ' | ' | 22-May-17 | 30-Nov-15 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment amount of secured notes | $180 | ' | $195 | $23 | $23 | $23 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $22.50 | ' | $22.50 | $22.50 | $22.50 | ' | ' | ' | ' | ' | ' | ' |
Debt instrument redemption rate | ' | 103.00% | ' | ' | ' | 103.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 103.00% | ' | ' | ' | 103.00% | ' | ' | ' | ' | ' | ' | ' |
Additional notes issue | ' | ' | 667 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100 | ' | 100 | ' |
Senior notes, percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9.00% | ' |
Long-term Debt | ' | ' | 938 | ' | 569 | ' | ' | 698 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 367 | 367 |
Business acquisition cost | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24 | 52 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Business acquisition interest | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | ' | ' | 315 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 300 | 300 | 15 | 15 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Sub-limit for letters of credit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 40 | 40 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Swingline facility | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30 | 30 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Revolving credit facility not to exceed | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25 | 25 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of borrowing base | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Total borrowing base | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 20 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maintain fixed charge coverage ratio | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Fixed charge coverage ratio | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.71 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
irrevocable notice of redemption issuance date | ' | ' | ' | ' | 25-Jun-12 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '4 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unsecured indebtedness | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100 | ' | 100 | ' | 300 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Pricing spread base points | ' | ' | ' | ' | 150 | ' | 75 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Maturity date description | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'From November 30, 2015 to May 22, 2017 | 'From August 13, 2013 to November 30, 2015 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt outstanding | ' | ' | ' | ' | 103 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 225 | ' | ' | ' | 179 | ' | 300 | ' | ' | ' | ' |
Weighted average interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.40% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Outstanding letter of credit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Borrowing base reserves | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unused commitment fee, percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.25% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Step down credit facility, percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.38% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of commitment fee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25.00% | ' | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Administration fees and fronting fees, percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.13% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of fee payable increase | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility borrowing base | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 22.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Line of credit facility borrowing base, percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 12.50% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of secured notes offered | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 98.80% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Proceeds from secured notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 222 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Discount on secured notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt instrument maturity year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '2016 | ' | ' | ' | ' | ' | '2014 | ' | ' | ' | ' |
Accrued interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 10.75% | ' | ' | ' | ' | ' | 9.00% | ' | ' | ' | ' |
Purchased in open market | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 33 | ' | ' | ' | ' | ' |
Pre-tax gain on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 8 | ' | ' | ' | ' | ' |
Write-off interest expense for unamortized deferred financing costs associated with the redemption of Secured Notes | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 1 | ' | ' | ' | ' | ' | ' | ' |
Total deferred financing cost | ' | ' | $15 | ' | $1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $5 | $1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest expenses charged on unamortized deferred financing, period | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '5 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '4 years | ' | ' | ' | ' | '2 years | ' | ' |
Debt_Schedule_of_Debt_Detail
Debt - Schedule of Debt (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | $938 | $569 | $698 |
Less: Current portion | -22 | -23 | -20 |
Long-term Debt, Excluding Current Maturities | 916 | 546 | 678 |
9% Senior subordinated notes, due November 2014 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | ' | 367 | 367 |
10.75% Senior secured notes, due August 2016 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | ' | 179 | 201 |
7.75% Senior notes, due May 2021 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | 250 | ' | ' |
Term Loan B-1, due April 2016 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | 199 | ' | ' |
Term Loan B-2, due April 2020 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | 467 | ' | ' |
ABL revolver, due April 2018 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | ' | ' | ' |
ABL revolver, due May 2017 [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | ' | ' | 110 |
Other debt [Member] | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' |
Long-term Debt | $22 | $23 | $20 |
Debt_Schedule_of_Debt_Parenthe
Debt - Schedule of Debt (Parenthetical) (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | |
In Millions, unless otherwise specified | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Other debt | ' | $22 | $23 | $20 |
LIBOR plus interest rate | ' | ' | 0.90% | ' |
Long-term Debt | ' | 938 | 569 | 698 |
9% Senior subordinated notes, due November 2014 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | 1-Nov-14 | 1-Nov-14 | 1-Nov-14 | 1-Nov-14 |
Interest rate | 9.00% | 9.00% | 9.00% | 9.00% |
Long-term Debt | ' | ' | 367 | 367 |
10.75% Senior secured notes, due August 2016 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | 1-Aug-16 | 1-Aug-16 | 1-Aug-16 | 1-Aug-16 |
Interest rate | 10.75% | 10.75% | 10.75% | 10.75% |
Long-term Debt | ' | ' | 179 | 201 |
7.75% Senior notes, due May 2021 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | 1-May-21 | 1-May-21 | 1-May-21 | ' |
Interest rate | 7.75% | 7.75% | 7.75% | ' |
Long-term Debt | ' | 250 | ' | ' |
Term Loan B-1, due April 2016 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | 25-Apr-16 | 25-Apr-16 | 25-Apr-16 | ' |
Long-term Debt | ' | 199 | ' | ' |
Term Loan B-2, due April 2020 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | 25-Apr-20 | 25-Apr-20 | 25-Apr-20 | ' |
Long-term Debt | ' | 467 | ' | ' |
ABL revolver, due April 2018 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | ' | 25-Apr-18 | 25-Apr-18 | ' |
Long-term Debt | ' | ' | ' | ' |
ABL revolver, due May 2017 [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt maturity date | ' | ' | 1-May-17 | 1-May-17 |
Long-term Debt | ' | ' | ' | 110 |
Other debt [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Long-term Debt | ' | 22 | 23 | 20 |
Brake North America and Asia group [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Notes payable | ' | ' | ' | 20 |
Brake North America and Asia group [Member] | Minimum [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt interest rate | ' | ' | ' | 5.20% |
Brake North America and Asia group [Member] | Maximum [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Debt interest rate | ' | ' | ' | 5.40% |
Poland Operations [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Other debt | ' | ' | 20 | 20 |
Poland Operations [Member] | Other debt [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Long-term Debt | ' | 20 | 20 | ' |
China operations [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Other debt | ' | ' | 3 | ' |
China operations [Member] | Other debt [Member] | ' | ' | ' | ' |
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' |
Long-term Debt | ' | $2 | $3 | ' |
Debt_Scheduled_Maturities_of_D
Debt - Scheduled Maturities of Debt (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Debt Disclosure [Abstract] | ' | ' | ' |
2013 | ' | $23 | ' |
2014 | ' | 367 | ' |
2015 | ' | ' | ' |
2016 | ' | 179 | ' |
2017 | ' | ' | ' |
2018 and thereafter | ' | ' | ' |
Total debt | $938 | $569 | $698 |
Debt_Schedule_of_Fair_Value_of
Debt - Schedule of Fair Value of Debt, Net of Discount (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 |
In Millions, unless otherwise specified | Senior subordinated notes, due November 2014 [Member] | Senior subordinated notes, due November 2014 [Member] | Senior secured notes, due August 2016 [Member] | Senior secured notes, due August 2016 [Member] | ABL revolver, due November 2015 [Member] | ABL revolver, due May 2017 [Member] | ABL revolver, due May 2017 [Member] | Other debt [Member] | Other debt [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-2, due April 2020 [Member] | Term Loan B-2, due April 2020 [Member] | Term Loan B-2, due April 2020 [Member] | ABL revolver, due April 2018 [Member] | ABL revolver, due April 2018 [Member] | Other debt [Member] | |||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt maturity date | ' | ' | ' | 1-Nov-14 | 1-Nov-14 | 1-Aug-16 | 1-Aug-16 | 1-Nov-15 | 1-May-17 | 1-May-17 | ' | ' | 1-May-21 | 1-May-21 | 1-May-21 | 25-Apr-16 | 25-Apr-16 | 25-Apr-16 | 25-Apr-20 | 25-Apr-20 | 25-Apr-20 | 25-Apr-18 | 25-Apr-18 | ' |
Book Value of Debt | ' | $103 | ' | $367 | $367 | $179 | $201 | $110 | ' | ' | $23 | $20 | ' | $250 | ' | ' | $199 | ' | ' | $467 | ' | ' | ' | $22 |
Fair Value Factor | ' | ' | ' | 100.25% | 99.69% | 108.43% | 109.06% | 100.00% | 100.00% | ' | 100.00% | 100.00% | ' | 102.75% | ' | ' | 100.06% | ' | ' | 99.56% | ' | 100.00% | ' | 100.00% |
Fair Value of Debt | $943 | $585 | $715 | $368 | $366 | $194 | $219 | $110 | ' | ' | $23 | $20 | ' | $257 | ' | ' | $199 | ' | ' | $465 | ' | ' | ' | $22 |
Debt_Schedule_of_Fair_Value_of1
Debt - Schedule of Fair Value of Debt, Net of Discount (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | Dec. 31, 2011 |
In Millions, unless otherwise specified | |
Brake North America and Asia group [Member] | ' |
Debt Instrument [Line Items] | ' |
Notes payable | $20 |
Debt_Schedule_of_Interest_Rate
Debt - Schedule of Interest Rate and Fees (Detail) (USD $) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Debt Instrument [Line Items] | ' | ' |
Base Rate Loans and Canadian Prime Rate Loans | ' | 0.90% |
Level I [Member] | Maximum [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Average Aggregate Availability | $50,000,000 | $105,000,000 |
LIBOR Loans | 2.00% | ' |
Base Rate Loans and Canadian Prime Rate Loans | 1.00% | 1.00% |
LIBOR Loans and Canadian BA Rate Loans | ' | 2.00% |
Level II [Member] | Maximum [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Average Aggregate Availability | 100,000,000 | 210,000,000 |
LIBOR Loans | 1.75% | ' |
Base Rate Loans and Canadian Prime Rate Loans | 0.75% | 0.75% |
LIBOR Loans and Canadian BA Rate Loans | ' | 1.75% |
Level II [Member] | Minimum [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Average Aggregate Availability | 50,000,000 | 105,000,000 |
Level III [Member] | Minimum [Member] | ' | ' |
Debt Instrument [Line Items] | ' | ' |
Average Aggregate Availability | $100,000,000 | $210,000,000 |
LIBOR Loans | 1.50% | ' |
Base Rate Loans and Canadian Prime Rate Loans | 0.50% | 0.50% |
LIBOR Loans and Canadian BA Rate Loans | ' | 1.50% |
Debt_Summarizes_Deferred_Finan
Debt - Summarizes Deferred Financing Activity (Detail) (USD $) | 9 Months Ended | 12 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Debt Disclosure [Abstract] | ' | ' | ' | ' |
Beginning Balance | $15 | $18 | $23 | ' |
Amortization | -3 | -4 | -5 | ' |
Write-off of unamortized deferred financing costs | 8 | ' | ' | 1 |
Deferred financing costs | 15 | 1 | ' | ' |
Ending balance | $19 | $15 | $18 | $23 |
Accounts_Receivable_Factoring_
Accounts Receivable Factoring - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 |
Related Party Transactions [Abstract] | ' | ' | ' | ' |
Factored receivable | $402 | $505 | $668 | $408 |
Factored receivable cost incurred | $3 | $4 | $5 | $4 |
Stock_Incentive_Plan_Additiona
Stock Incentive Plan - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 9 Months Ended | |||||||||||||||||||||||||||||
In Millions, except Share data, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2009 | Dec. 31, 2009 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2009 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 23, 2011 | Oct. 18, 2010 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 23, 2011 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Jul. 20, 2005 | Dec. 31, 2010 | Dec. 02, 2010 | Aug. 25, 2010 | Jul. 20, 2005 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 02, 2010 | Aug. 25, 2010 |
Vested Option [Member] | Selling, general and administrative expenses [Member] | Selling, general and administrative expenses [Member] | IPO Scenario [Member] | Cypress Scenario [Member] | EBITDA [Member] | Working capital performance targets [Member] | Stock options [Member] | Stock options [Member] | Stock options [Member] | Stock options [Member] | Stock options [Member] | Stock options [Member] | Stock options [Member] | Option Exchange [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Option Exchange 2 [Member] | Deferred Compensation Plan [Member] | Deferred Compensation Plan [Member] | Deferred Compensation Plan [Member] | Deferred Compensation Plan [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | Minimum [Member] | Minimum [Member] | ||||
Pre Distribution [Member] | Post Distribution [Member] | Brake North America and Asia group [Member] | Brake North America and Asia group [Member] | IPO Scenario [Member] | IPO Scenario [Member] | Cypress Scenario [Member] | Cypress Scenario [Member] | Selling, general and administrative expenses [Member] | 2005 Stock Plan [Member] | 2005 Stock Plan [Member] | 2005 Stock Plan [Member] | Deferred Compensation Plan [Member] | Deferred Compensation Plan [Member] | 2005 Stock Plan [Member] | 2005 Stock Plan [Member] | |||||||||||||||||||||||||||||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of shares of common stock subject to awards | 350,000 | 350,000 | 350,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 350,000 | ' | 350,000 | 300,000 | 227,000 | ' | ' | 300,000 | 227,000 |
Eligible percentage of vesting | ' | ' | ' | ' | ' | ' | ' | ' | 40.00% | 10.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Options awarded | 26,355 | 26,835 | 28,680 | ' | ' | ' | ' | ' | ' | ' | 23,355 | 23,835 | 28,680 | 34,062 | 175,638 | ' | ' | 61,868 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 825 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shares awarded | ' | 23,335 | ' | 22,855 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 37,744 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unvested options | 500 | 500 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expiration date of options | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1-Aug-15 | 1-Aug-15 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23-Dec-11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Exercise price of options | ' | $100 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $100 | $62.87 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock-based compensation expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1 | ' | ' | ' | ' | ' | ' | ' |
Stock option election period, commencement date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25-Aug-10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1-Dec-11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock option election period, expiration date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24-Sep-10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 23-Dec-11 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Common equity interests | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of eligible employees and directors participating in plan | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 24 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Number of directors and employees not holding vested options and received awards in option exchange program | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
RSUs issued | 55,170 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 4,000 | 235,000 | ' | 3,000 | 4,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of minimum common equity interests resulting in payment of cash and marketable securities | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 50.00% | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Average of closing price of common stock | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $225 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Trading period of common stock (days) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '60 days | '60 days | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted stock units | 261,559 | 242,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 242,000 | 242,000 | 239,000 | 261,559 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Restricted stock units granted to employees | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 62,000 | 62,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Term before RSUs expire (years) | '10 years | '10 years | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock compensation expense | ' | ' | ' | ' | ' | ' | 22 | 19 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Additional notional investment | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred compensation expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1 | $2 | $1 | ' | ' | ' | ' | ' | $1 | $1 | ' | ' |
Exercised options | 3,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000 | 1,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Deferred Compensation Company Match Percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Shares Issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 19,227 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Vested shares not issued | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 14,814 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unvested Shares | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,703 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Vested shares awarded | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3,422 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unvested shares awarded | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 809 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Stock_Incentive_Plan_Schedule_
Stock Incentive Plan - Schedule of Stock Plan Balances for Restricted Stock Units, Stock Options, Deferred Compensation Shares and Stock Awards (Detail) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Restricted stock units | 261,559 | 242,000 | ' | ' |
Stock options | 26,355 | 26,835 | 28,680 | ' |
Deferred compensation shares | ' | 23,335 | ' | ' |
Shares available | 24,179 | 50,767 | 48,338 | ' |
Number of shares of common stock subject to awards | 350,000 | 350,000 | 350,000 | ' |
Restricted stock units [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Restricted stock units | 261,559 | 242,000 | 242,000 | 239,000 |
Deferred compensation shares [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Deferred compensation shares | 37,744 | 30,235 | 30,819 | ' |
Stock award [Member] | ' | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' |
Stock award | 163 | 163 | 163 | ' |
Stock_Incentive_Plan_Schedule_1
Stock Incentive Plan - Schedule of Weighted-Average Black-Scholes Fair Value Assumptions (Detail) (USD $) | 12 Months Ended | ||
In Millions, except Per Share data, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Stock options [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Weighted-average effective term | '5 years 1 month 6 days | '5 years 1 month 6 days | '5 years 2 months 12 days |
Weighted-average risk free interest rate | 4.34% | 4.34% | 4.38% |
Weighted-average expected volatility | 39.90% | 39.90% | 40.40% |
Weighted-average fair value of options | $1 | $1 | $1 |
Cypress Scenario [Member] | Restricted stock units [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Weighted-average effective term | '7 months 6 days | ' | ' |
Weighted-average expected volatility | 70.00% | ' | ' |
Weighted-average fair value of an RSU | $107.92 | ' | ' |
Expected expense | 19 | ' | ' |
IPO Scenario [Member] | Restricted stock units [Member] | ' | ' | ' |
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' |
Weighted-average effective term | '1 year 4 months 24 days | ' | ' |
Weighted-average expected volatility | 70.00% | ' | ' |
Weighted-average fair value of an RSU | $124.41 | ' | ' |
Expected expense | $22 | ' | ' |
Stock_Incentive_Plan_Schedule_2
Stock Incentive Plan - Schedule of Stock Option Activity (Detail) | 9 Months Ended | 12 Months Ended | ||
Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | |
Schedule Of Stock Option Activity [Line Items] | ' | ' | ' | ' |
Beginning Balance | 26,835 | ' | ' | ' |
Exercised | -3,000 | ' | ' | ' |
Ending Balance | 26,355 | ' | 28,680 | ' |
Stock options [Member] | ' | ' | ' | ' |
Schedule Of Stock Option Activity [Line Items] | ' | ' | ' | ' |
Beginning Balance | 23,835 | 28,680 | 34,062 | 175,638 |
Granted | ' | ' | 1,550 | 2,000 |
Exercised | ' | ' | -2,000 | -1,000 |
Exchanged | ' | ' | -825 | -61,868 |
Forfeited/expired | -480 | 4,845 | 4,107 | 80,708 |
Ending Balance | 23,355 | 23,835 | 28,680 | 34,062 |
Stock_Incentive_Plans_Schedule
Stock Incentive Plans - Schedule of Restricted Stock Units (Detail) | 9 Months Ended | 1 Months Ended | 12 Months Ended | ||||
Sep. 30, 2013 | Dec. 23, 2011 | Oct. 18, 2010 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | |
Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | Restricted stock units [Member] | ||
Share-based Compensation Arrangement by Share-based Payment Award [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Beginning Balance | 242,000 | ' | ' | 242,000 | 239,000 | ' | 261,559 |
Issued per Option Exchange | ' | ' | ' | ' | 4,000 | 235,000 | ' |
Granted | 55,170 | 4,000 | 235,000 | ' | 3,000 | 4,000 | ' |
Forfeited/expired | -35,611 | ' | ' | ' | -4,000 | ' | ' |
Ending Balance | 261,559 | ' | ' | 242,000 | 242,000 | 239,000 | 261,559 |
Income_Tax_Schedule_of_Compone
Income Tax - Schedule of Components of Income Tax Provision (Benefit) (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Current: | ' | ' | ' | ' | ' | ' | ' |
Total current | ' | ' | ' | ' | $20 | $19 | $20 |
Deferred: | ' | ' | ' | ' | ' | ' | ' |
Total deferred | ' | ' | ' | ' | 28 | 19 | 10 |
Income tax provision | 9 | 10 | 16 | 24 | 48 | 38 | 30 |
United States [Member] | ' | ' | ' | ' | ' | ' | ' |
Current: | ' | ' | ' | ' | ' | ' | ' |
U.S. federal | ' | ' | ' | ' | ' | ' | ' |
U.S. state and local | ' | ' | ' | ' | ' | 1 | 1 |
Deferred: | ' | ' | ' | ' | ' | ' | ' |
U.S. federal & state | ' | ' | ' | ' | 28 | 14 | 6 |
Non-United States [Member] | ' | ' | ' | ' | ' | ' | ' |
Current: | ' | ' | ' | ' | ' | ' | ' |
Non-United States | ' | ' | ' | ' | 20 | 18 | 19 |
Deferred: | ' | ' | ' | ' | ' | ' | ' |
Non-United States | ' | ' | ' | ' | ' | $5 | $4 |
Income_Tax_Components_of_Incom
Income Tax - Components of Income (Loss) before Income Tax, Equity, Net of Tax and Noncontrolling Interest (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Income from continuing operations before income tax provision, equity in income, net of tax and noncontrolling interest | $20 | $24 | $33 | $59 | $69 | $79 | $58 |
United States [Member] | ' | ' | ' | ' | ' | ' | ' |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments [Line Items] | ' | ' | ' | ' | ' | ' | ' |
United States | ' | ' | ' | ' | -20 | -17 | -31 |
Non-United States [Member] | ' | ' | ' | ' | ' | ' | ' |
Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Non-United States | ' | ' | ' | ' | $89 | $96 | $89 |
Income_Tax_Schedule_of_Deferre
Income Tax - Schedule of Deferred Tax Assets and Liabilities (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Deferred tax assets: | ' | ' | ' |
Net operating loss carryforwards | ' | $139 | $134 |
Inventory reserves | ' | 10 | 43 |
Expense accruals | ' | 14 | 22 |
Depreciation and amortization | ' | ' | 14 |
Other | ' | 3 | 4 |
Subtotal | ' | 166 | 217 |
Valuation allowance | ' | -22 | -27 |
Deferred tax assets | ' | 144 | 190 |
Deferred tax liabilities: | ' | ' | ' |
Depreciation and amortization | ' | 2 | ' |
Foreign earnings | ' | 25 | 23 |
Deferred tax liabilities | ' | 27 | 23 |
Net deferred tax assets | ' | 117 | 167 |
Balance sheet presentation | ' | ' | ' |
Current deferred taxes | 23 | 13 | 60 |
Deferred income taxes | 97 | 106 | 109 |
Other accrued expenses | ' | ' | ' |
Deferred employee benefits and other noncurrent liabilities | ' | -2 | -2 |
Net deferred tax assets | ' | $117 | $167 |
Income_Tax_Additional_Informat
Income Tax - Additional Information (Detail) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2012 | Sep. 30, 2013 |
Income Tax [Line Items] | ' | ' |
Temporary differences resulted upon a repatriation of assets from the subsidiary or a sale or liquidation | $70 | ' |
Portion of the unrecognized tax benefits if recognized, reduction of annual effective tax rate | 1 | 1 |
Accrued interest and penalties | 1 | ' |
Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 351 | ' |
State domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 181 | ' |
State domestic [Member] | Minimum [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards, expiry date | '2022 | ' |
State domestic [Member] | Maximum [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards, expiry date | '2032 | ' |
Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 18 | ' |
2024 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 12 | ' |
Net operating loss carryforwards, expiry date | '2024 | ' |
2025 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 13 | ' |
Net operating loss carryforwards, expiry date | '2025 | ' |
2026 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 37 | ' |
Net operating loss carryforwards, expiry date | '2026 | ' |
2027 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 35 | ' |
Net operating loss carryforwards, expiry date | '2027 | ' |
2028 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 76 | ' |
Net operating loss carryforwards, expiry date | '2028 | ' |
2029 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 62 | ' |
Net operating loss carryforwards, expiry date | '2029 | ' |
2030 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 57 | ' |
Net operating loss carryforwards, expiry date | '2030 | ' |
2031 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 24 | ' |
Net operating loss carryforwards, expiry date | '2031 | ' |
2032 [Member] | Federal domestic [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 35 | ' |
Net operating loss carryforwards, expiry date | '2032 | ' |
2013 [Member] | Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 2 | ' |
Net operating loss carryforwards, expiry date | '2013 | ' |
2014 [Member] | Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 2 | ' |
Net operating loss carryforwards, expiry date | '2014 | ' |
2015 [Member] | Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 3 | ' |
Net operating loss carryforwards, expiry date | '2015 | ' |
2016 [Member] | Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 6 | ' |
Net operating loss carryforwards, expiry date | '2016 | ' |
2017 [Member] | Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | 4 | ' |
Net operating loss carryforwards, expiry date | '2017 | ' |
2018 [Member] | Foreign [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Net operating loss carryforwards | $1 | ' |
Net operating loss carryforwards, expiry date | '2018 | ' |
Income_Taxes_Schedule_of_Recon
Income Taxes - Schedule of Reconciliation of Effective Income Tax Rate (Detail) | 12 Months Ended | ||
Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | |
Income Tax Disclosure [Abstract] | ' | ' | ' |
U.S. federal income tax rate | 35.00% | 35.00% | 35.00% |
Increase (reductions) resulting from: | ' | ' | ' |
State and local income taxes, net of federal income tax benefit | 1.00% | -2.10% | 1.10% |
Valuation allowance | 2.00% | 3.40% | 2.00% |
Non-U.S. income | -16.90% | -13.00% | -12.60% |
U.S. permanent differences | 38.30% | 13.60% | 29.80% |
Unremitted earnings | 9.70% | 9.60% | -1.00% |
Miscellaneous items | 0.20% | 1.80% | -2.60% |
Effective income tax rate | 69.30% | 48.30% | 51.70% |
Income_Taxes_Summary_of_Unreco
Income Taxes - Summary of Unrecognized Tax Benefits (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Income Tax Disclosure [Abstract] | ' | ' | ' |
Beginning Balance | $2 | $2 | $2 |
Increases to tax positions | ' | ' | ' |
Decreases to tax positions | -1 | ' | ' |
Ending Balance | $1 | $2 | $2 |
Property_Plant_and_Equipment_S
Property, Plant and Equipment - Schedule of Property, Plant and Equipment (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment | ' | $252 | $238 |
Less: Accumulated depreciation | ' | -133 | -120 |
Property, plant equipment net | 124 | 119 | 118 |
Land and improvements to land [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment | ' | 8 | 8 |
Buildings and building fixtures [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment | ' | 55 | 51 |
Machinery and equipment [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment | ' | 159 | 137 |
Computer Software, Intangible Asset [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment | ' | 21 | 25 |
Construction in Progress [Member] | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' |
Property, plant and equipment | ' | $9 | $17 |
Property_Plant_and_Equipment_A
Property, Plant and Equipment - Additional Information (Detail) (USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' |
Property, plant and equipment | $119 | $118 | ' | $124 |
Depreciation expenses | 18 | 16 | 18 | ' |
Brake North America and Asia group [Member] | ' | ' | ' | ' |
Property, Plant and Equipment [Line Items] | ' | ' | ' | ' |
Property, plant and equipment | ' | $122 | ' | ' |
Other_Accrued_Expenses_Schedul
Other Accrued Expenses - Schedule of Other Accrued Expenses (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
In Millions, unless otherwise specified | ||||
Other Income And Expenses [Abstract] | ' | ' | ' | ' |
Taxes other than income taxes | ' | $11 | $10 | ' |
Interest payable | ' | 10 | 12 | ' |
Return reserve | ' | 8 | 11 | ' |
Tax deposit payable | ' | 5 | 3 | ' |
Accrued legal and professional fees | ' | 4 | 6 | ' |
Accrued promotions and defective product | ' | 4 | 4 | ' |
Accrued selling and marketing | ' | 3 | 8 | ' |
Accrued freight | ' | 3 | 2 | ' |
Accrued commissions expense | ' | 3 | 2 | ' |
Accrued workers compensation | ' | 2 | 6 | ' |
Accrued restructuring | ' | 1 | 2 | 4 |
Other | ' | 14 | 14 | ' |
Total | $92 | $68 | $80 | ' |
Other_Accrued_Expenses_Schedul1
Other Accrued Expenses - Schedule of Other Accrued Expenses (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | Dec. 31, 2011 |
In Millions, unless otherwise specified | |
Brake North America and Asia group [Member] | ' |
Accrued Expenses [Line Items] | ' |
Current liabilities of discontinued operations | $82 |
Other_Accrued_Expenses_Schedul2
Other Accrued Expenses - Schedule of Reconciliation of Changes in Return Reserves (Detail) (USD $) | 9 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Return reserves [Member] | ' | ' | ' | ' | ' |
Accrued Expenses [Line Items] | ' | ' | ' | ' | ' |
Beginning balance | $8 | $11 | $11 | $17 | $17 |
Amounts charged to revenue | 12 | 14 | 23 | 45 | 43 |
Returns processed | -10 | -11 | -26 | -45 | -43 |
Ending balance | 10 | 14 | 8 | 11 | 17 |
Brake North America and Asia group [Member] | ' | ' | ' | ' | ' |
Accrued Expenses [Line Items] | ' | ' | ' | ' | ' |
Beginning balance | ' | 6 | 6 | 8 | 8 |
Amounts charged to revenue | ' | ' | 15 | 22 | 22 |
Returns processed | ' | ' | -21 | -24 | -22 |
Ending balance | ' | ' | ' | 6 | 8 |
Brake North America and Asia group [Member] | Return reserves [Member] | ' | ' | ' | ' | ' |
Accrued Expenses [Line Items] | ' | ' | ' | ' | ' |
Classified to discontinued operations | ' | ' | ' | ($6) | ' |
Other_Accrued_Expenses_Schedul3
Other Accrued Expenses - Schedule of Reconciliation of Changes in Return Reserves (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | 12 Months Ended | |||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2009 |
Brake North America and Asia group [Member] | ' | ' | ' | ' |
Accrued Expenses [Line Items] | ' | ' | ' | ' |
Amounts charged to revenue | $15 | $22 | $22 | ' |
Returns processed | 21 | 24 | 22 | ' |
Return reserve included (excluded)in Brake North America and Asia group | ' | $6 | $8 | $8 |
Commitments_and_Contingencies_1
Commitments and Contingencies - Additional Information (Detail) | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | ||||||||
In Millions, unless otherwise specified | Sep. 30, 2011 | Mar. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 |
USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | GBP (£) | Quinton Hazell [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | |
USD ($) | USD ($) | USD ($) | USD ($) | ||||||||||
Long-term Purchase Commitment [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase commitments for property, plant and equipment | ' | ' | ' | $2 | ' | ' | $8 | ' | ' | ' | ' | ' | ' |
Non-cancelable operating leases in continuing operations | ' | ' | ' | 37 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Rent expense from continuing operations | ' | ' | ' | 10 | 11 | 10 | ' | ' | ' | ' | ' | ' | ' |
Entered into settlement agreement with Satisfied Brake Products Inc. | 10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount due upon execution of settlement agreement | 2.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Execution of settlement agreement additional | 7.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gain on settlement agreement | 2.5 | 4 | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unpaid invoices | ' | ' | ' | ' | ' | ' | ' | 5.7 | ' | ' | ' | ' | ' |
Asserting a claim against Affinia Group Inc. date | ' | ' | ' | 15-Feb-13 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Bankruptcy Date | ' | ' | ' | ' | ' | ' | ' | ' | 28-Jan-13 | ' | ' | ' | ' |
Logistics Services Agreement Date | ' | ' | ' | ' | ' | ' | ' | ' | 5-May-06 | ' | ' | ' | ' |
Accrued for civil liability | ' | ' | ' | 1 | 4 | ' | 11 | ' | ' | 1 | 1 | 11 | 10 |
Fair value of guarantee | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1 |
Commitments_and_Contingencies_2
Commitments and Contingencies - Schedule of Future Minimum Rental Commitments under Non-Cancelable Operating Leases in Continuing Operations (Detail) (USD $) | Dec. 31, 2012 |
In Millions, unless otherwise specified | |
Leases [Abstract] | ' |
2013 | $8 |
2014 | 7 |
2015 | 6 |
2016 | 5 |
2017 | 4 |
Thereafter | 7 |
Total | $37 |
Restructuring_of_Operations_Sc
Restructuring of Operations - Schedule of Restructuring Charges and Activity (Detail) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 |
Restructuring Cost and Reserve [Line Items] | ' | ' |
Beginning balance | $2 | $4 |
Charges to expense: | ' | ' |
Restructuring expenses | 2 | 12 |
Cash payments and asset write-offs: | ' | ' |
Cash payments | -2 | -11 |
Asset retirements and other | -1 | -2 |
Ending balance | 1 | 2 |
Employee termination benefits [Member] | ' | ' |
Charges to expense: | ' | ' |
Restructuring expenses | 1 | 6 |
Asset write-offs expense [Member] | ' | ' |
Charges to expense: | ' | ' |
Restructuring expenses | ' | ' |
Other expenses [Member] | ' | ' |
Charges to expense: | ' | ' |
Restructuring expenses | 1 | 6 |
Brake North America and Asia group [Member] | ' | ' |
Cash payments and asset write-offs: | ' | ' |
Discontinued operations - Brake North America and Asia group | ' | ($1) |
Restructuring_of_Operations_Sc1
Restructuring of Operations - Schedule of Restructuring Charges and Activity (Parenthetical) (Detail) (Brake North America and Asia group [Member], USD $) | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 31, 2011 |
Brake North America and Asia group [Member] | ' |
Restructuring Cost and Reserve [Line Items] | ' |
Discontinued operations - Brake North America and Asia group | $1 |
Restructuring_of_Operations_Ad
Restructuring of Operations - Additional Information (Detail) (USD $) | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
In Millions, unless otherwise specified | |||
Restructuring And Related Activities [Abstract] | ' | ' | ' |
Restructuring charges remained in accrued liabilities | $1 | $2 | $4 |
Restructuring_of_Operations_Sc2
Restructuring of Operations - Schedule of Restructuring Expenses by Segment (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expenses by segment | $2 | $12 | ' |
Reportable Subsegments [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expenses by segment - Discontinued Operations | 19 | 11 | 12 |
Restructuring expenses by segment | 21 | 12 | 24 |
Reportable Subsegments [Member] | Continuing operations [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expenses by segment | 2 | 1 | 12 |
Reportable Subsegments [Member] | On and Off-highway segment [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expenses by segment | 2 | 1 | 8 |
Reportable Subsegments [Member] | Corporate, eliminations and other [Member] | ' | ' | ' |
Restructuring Cost and Reserve [Line Items] | ' | ' | ' |
Restructuring expenses by segment | ' | ' | $4 |
Related_Party_Transactions_Add
Related Party Transactions - Additional Information (Detail) (USD $) | 1 Months Ended | 3 Months Ended | 12 Months Ended | 12 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | ||||||||||||
Jul. 31, 2012 | Jun. 30, 2012 | Mar. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2011 | Jun. 30, 2011 | Mar. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2012 | |
Affinia Hong Kong Limited (Member) | Affinia Hong Kong Limited (Member) | Affinia Qingdao Braking Systems Co. Ltd. [Member] | Longkou Wix Filtration Co. Ltd. [Member] | Longkou Wix Filtration Co. Ltd. [Member] | Genuine Parts Company (Member) | Genuine Parts Company (Member) | Genuine Parts Company (Member) | Brake TSA [Member] | Brake TSA [Member] | Brake TSA [Member] | ||||||||||
Maximum [Member] | ||||||||||||||||||||
Related Party Transactions Supervisory And Other Services [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Expiry period of transition services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '2013 | ' |
Distribution and transition services charges levied by related party | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $1,000,000 |
Transition services charges levied to related party | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,000,000 | ' | ' |
Accounts receivable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,000,000 | 1,000,000 | ' |
Accounts payable | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,000,000 | 1,000,000 | ' |
Percentage of total net sales from continuing operations | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 26.00% | 26.00% | 27.00% | ' | ' | ' |
Ownership Percentage by Affinia Group | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15.00% | 15.00% | ' | 15.00% | ' | ' | ' | ' | ' | ' | ' |
Loan for establishment of new subsidiary | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,400,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Ownership percentage by AHK | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' |
Related Party Debt | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1,400,000 | ' | ' | ' | ' | ' | ' | ' | ' |
Purchase of land | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2,500,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Additional Funding | ' | ' | ' | ' | ' | ' | ' | ' | 900,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of subsidiary | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' |
Agreed to pay quarterly fee | ' | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | 100,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Further agreed to pay success fee | $3,000,000 | ' | ' | ' | ' | ' | ' | $2,000,000 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Segment_Information_Reconcilia
Segment Information - Reconciliation of Sales, Operating Profit, Total Assets, Depreciation and Amortization and Capital Expenditures (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Operating Profit | 36 | 38 | 109 | 106 | 131 | 142 | 123 |
Depreciation and amortization | 5 | 6 | 17 | 17 | 24 | 39 | 37 |
Total assets | 1,035 | ' | 1,035 | ' | 960 | 1,459 | ' |
Capital Expenditures | 8 | 8 | 18 | 19 | 27 | 55 | 52 |
Total from continuing operations [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | ' | ' | 24 | 25 | 26 |
Capital Expenditures | ' | ' | ' | ' | 17 | 27 | 30 |
Discontinued operations [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Depreciation and amortization | ' | ' | ' | ' | ' | 14 | 11 |
Capital Expenditures | ' | ' | ' | ' | 10 | 28 | 22 |
On and Off-highway segment [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | 1,455 | 1,483 | 1,367 |
Operating Profit | ' | ' | ' | ' | 165 | 169 | 161 |
Depreciation and amortization | ' | ' | ' | ' | 19 | 17 | 16 |
Total assets | ' | ' | ' | ' | 720 | 735 | ' |
Capital Expenditures | ' | ' | ' | ' | 17 | 27 | 28 |
Corporate, eliminations and other [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | -2 | -5 | -8 |
Operating Profit | ' | ' | ' | ' | -34 | -27 | -38 |
Depreciation and amortization | ' | ' | ' | ' | 5 | 8 | 10 |
Total assets | ' | ' | ' | ' | 240 | 308 | ' |
Capital Expenditures | ' | ' | ' | ' | ' | ' | 2 |
Assets of discontinued operations [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Total assets | ' | ' | ' | ' | ' | $416 | ' |
Segment_Information_Net_Sales_
Segment Information - Net Sales by Geographic Region (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Brazil [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 105 | 100 | 311 | 299 | 389 | 438 | 414 |
Canada [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 17 | 19 | 53 | 55 | 72 | 72 | 75 |
Poland [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 43 | 36 | 119 | 108 | 146 | 147 | 140 |
Other Countries [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 48 | 36 | 120 | 90 | 122 | 93 | 61 |
Total Other Countries [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | 729 | 750 | 690 |
United States [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $188 | $184 | $567 | $560 | $724 | $728 | $669 |
Segment_Information_Long_Lived
Segment Information - Long Lived Assets by Geographic Region (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | $253 | $246 | $258 |
Canada [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | ' | ' | 1 |
China [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 18 | 17 | 14 |
Brazil [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 12 | 14 | 14 |
Poland [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 28 | 29 | 26 |
Other Countries [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 13 | 9 | 10 |
Total Other Countries [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | ' | 69 | 65 |
United States [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | $182 | $177 | $193 |
Segment_Information_Long_Lived1
Segment Information - Long Lived Assets by Geographic Region (Parenthetical) (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | $253 | $246 | $258 |
Brake North America and Asia group [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | ' | ' | $200 |
Segment_Information_Companys_S
Segment Information - Company's Sales by Group of Similar Products (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Filtration products [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 234 | 212 | 678 | 632 | 831 | 801 | 759 |
Chassis products [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 50 | 50 | 147 | 153 | 194 | 213 | 169 |
Affinia South America Products [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 117 | 113 | 345 | 328 | 430 | 469 | 439 |
Corporate, eliminations and other [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ($1) | ($2) | ($5) | ($8) |
Asset_Retirement_Obligations_A
Asset Retirement Obligations - Additional Information (Detail) (USD $) | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | ||
Asset Retirement Obligations [Line Items] | ' | ' |
Asset Retirement Obligation | $1 | $2 |
Brake North America and Asia group [Member] | ' | ' |
Asset Retirement Obligations [Line Items] | ' | ' |
Asset Retirement Obligation | ' | $1 |
Discontinued_Operation_Quinton
Discontinued Operation - Quinton Hazell - Summary of Net Sales, Loss Before Income Tax Provision, Income Tax Provision and Loss From Discontinued Operations, Net of Tax (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from discontinued operations, net of tax | ' | ($10) | ($1) | ($57) | ($124) | ($113) | $1 |
Quinton Hazell [Member] | ' | ' | ' | ' | ' | ' | ' |
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | ' | ' | 18 |
Loss before income tax provision | ' | ' | ' | ' | ' | ' | ' |
Income tax provision | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' |
Discontinued_Operation_Quinton1
Discontinued Operation - Quinton Hazell - Additional Information (Detail) (USD $) | 12 Months Ended | 1 Months Ended | 12 Months Ended |
In Millions, unless otherwise specified | Dec. 31, 2010 | Feb. 02, 2010 | Dec. 31, 2012 |
Quinton Hazell [Member] | Quinton Hazell [Member] | ||
Country | |||
Income Statement, Balance Sheet and Additional Disclosures by Disposal Groups, Including Discontinued Operations [Line Items] | ' | ' | ' |
Net purchase price after working capital adjustment settlement | $11 | $11 | ' |
Number of manufacturing and distribution facilities in Europe | ' | ' | 8 |
Acquisition_Additional_Informa
Acquisition - Additional Information (Detail) (USD $) | 9 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 16, 2010 | Dec. 31, 2012 | Dec. 31, 2011 |
North American Parts Distributors [Member] | North American Parts Distributors [Member] | North American Parts Distributors [Member] | ||||
Business Acquisition [Line Items] | ' | ' | ' | ' | ' | ' |
Assets and assumed liabilities were acquired for cash consideration | ' | ' | ' | $52 | ' | ' |
Acquisition date | ' | ' | ' | ' | 16-Dec-10 | ' |
Initial purchase price | 1 | 1 | 51 | 51 | ' | ' |
Working capital adjustment | ' | ' | ' | ' | ' | $1 |
Joint_Venture_Acquisition_Addi
Joint Venture Acquisition - Additional Information (Detail) (USD $) | 12 Months Ended | |
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2010 |
Redeemable Noncontrolling Interest [Line Items] | ' | ' |
Joint venture acquisition in cash | $3 | $24 |
Noncontrolling interest balance decreased | 4 | 24 |
Affinia India Private Limited [Member] | ' | ' |
Redeemable Noncontrolling Interest [Line Items] | ' | ' |
Acquired remaining ownership interest | ' | 50.00% |
Joint venture acquisition in cash | ' | 24 |
Noncontrolling interest balance decreased | ' | 24 |
Additional paid-in capital decreased | ' | $16 |
Minimum [Member] | Affinia India Private Limited [Member] | ' | ' |
Redeemable Noncontrolling Interest [Line Items] | ' | ' |
Acquired remaining ownership interest | ' | 50.00% |
Maximum [Member] | Affinia India Private Limited [Member] | ' | ' |
Redeemable Noncontrolling Interest [Line Items] | ' | ' |
Acquired remaining ownership interest | ' | 100.00% |
Venezuelan_Operations_Addition
Venezuelan Operations - Additional Information (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 3 Months Ended | 12 Months Ended | ||||||||||||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Sep. 30, 2013 | Dec. 31, 2010 | Feb. 08, 2013 | 31-May-10 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2010 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Feb. 08, 2013 | Dec. 31, 2010 | Dec. 31, 2010 | Dec. 31, 2010 | Dec. 31, 2010 | Dec. 31, 2012 |
Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Maximum [Member] | ||||||||
Rate | Venezuelan subsidiary [Member] | Venezuelan subsidiary [Member] | Venezuelan subsidiary [Member] | Venezuelan subsidiary [Member] | Venezuelan subsidiary [Member] | Venezuelan subsidiary [Member] | Subsequent Event [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | Venezuela inflationary accounting [Member] | ||||||||||||
Rate | Rate | Venezuelan subsidiary [Member] | ||||||||||||||||||||||
Foreign Operation (Line Items) | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Highly inflationary economy | ' | ' | ' | ' | ' | ' | ' | ' | 'Three-year | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Exceeded percentage of national consumer price index | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Conversion rate for essential goods and services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.15 | 2.15 | 2.6 | 2.6 | ' |
Conversion rate for non-essential goods and services | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2.15 | 2.15 | 4.3 | 4.3 | ' |
Parallel market rate for U.S Dollar | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.3 | ' | 7.7 | ' |
Amount of negative impact on pre-tax net income, due to devaluation | ' | ' | ' | ' | ' | ' | ' | $2 | ' | ' | ' | ' | ' | ' | $2 | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of sales earned from subsidiary | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.00% | 3.00% | ' | ' | 3.00% | 2.00% | 1.00% | ' | ' | ' | ' | ' | ' |
Net income loss attributable to company | 9 | 4 | 14 | -22 | -103 | -73 | 24 | ' | ' | ' | ' | 4 | 3 | ' | ' | ' | 3 | 8 | ' | ' | ' | ' | ' | 1 |
Loss related to restructuring | ' | ' | ' | ' | 2 | 12 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7 | ' | ' | ' | ' | ' | ' |
Total assets | 1,035 | ' | 1,035 | ' | 960 | 1,459 | ' | ' | ' | ' | ' | 28 | ' | 15 | ' | 15 | 15 | 8 | ' | ' | ' | ' | ' | ' |
Total liabilities | $1,231 | ' | $1,231 | ' | $809 | $1,112 | ' | ' | ' | ' | ' | $20 | ' | $12 | ' | $12 | $10 | $7 | ' | ' | ' | ' | ' | ' |
Devaluation of currency VEF per U.S. Dollar | ' | ' | ' | ' | ' | ' | ' | ' | ' | 6.3 | ' | ' | ' | ' | ' | ' | ' | ' | 6.3 | ' | ' | ' | ' | ' |
Parallel market rate for U.S Dollar | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.3 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financial_Information_for_Guar2
Financial Information for Guarantors and Non-Guarantors - Additional Information (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 12 Months Ended | ||||||||
In Millions, unless otherwise specified | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Apr. 25, 2013 | Aug. 13, 2009 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2012 | Dec. 31, 2011 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Apr. 25, 2013 | Dec. 31, 2012 | Nov. 30, 2004 | Dec. 31, 2011 |
Refinancing Dividend [Member] | Affinia Group Holdings Inc [Member] | Senior secured notes, due August 2016 [Member] | Senior secured notes, due August 2016 [Member] | Senior secured notes, due August 2016 [Member] | Senior subordinated notes, due November 2014 [Member] | Senior subordinated notes, due November 2014 [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-2, due April 2020 [Member] | Term Loan B-2, due April 2020 [Member] | Term Loan B-2, due April 2020 [Member] | Senior Notes [Member] | Senior Notes [Member] | Majority-Owned Subsidiary, Unconsolidated [Member] | Issued November 30, 2004 [Member] | Issued December 9, 2010 [Member] | ||||
Senior subordinated notes, due November 2014 [Member] | Senior subordinated notes, due November 2014 [Member] | |||||||||||||||||||||||
Condensed Financial Statements, Captions [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate principal amount | ' | ' | ' | ' | ' | $225 | ' | ' | ' | ' | $250 | ' | ' | $200 | ' | ' | $470 | ' | ' | ' | $250 | ' | $300 | ' |
Notes, interest rate | ' | ' | ' | ' | ' | 10.75% | ' | ' | ' | ' | 7.75% | 7.75% | 7.75% | ' | ' | ' | ' | ' | ' | ' | ' | ' | 9.00% | ' |
Debt instrument maturity year | ' | ' | ' | ' | ' | '2016 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | '2014 | ' |
Additional principal amount | ' | 667 | ' | ' | ' | ' | ' | ' | ' | ' | 250 | ' | ' | 199 | ' | ' | 468 | ' | ' | ' | ' | ' | ' | 100 |
Debt outstanding | ' | ' | 103 | ' | ' | ' | 179 | 201 | 367 | 367 | ' | 250 | ' | ' | 199 | ' | ' | 467 | ' | 250 | ' | ' | ' | ' |
Ownership percentage in subsidiary | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 100.00% | ' | ' |
Debt maturity date | ' | ' | ' | ' | ' | ' | 1-Aug-16 | 1-Aug-16 | 1-Nov-14 | 1-Nov-14 | 1-May-21 | 1-May-21 | 1-May-21 | 25-Apr-16 | 25-Apr-16 | 25-Apr-16 | 25-Apr-20 | 25-Apr-20 | 25-Apr-20 | ' | ' | ' | ' | ' |
Cash on hand for redemption | 31 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of Seller Note | 61 | 1 | ' | ' | 61 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Distribution to Holdings' Stockholders | $351 | $352 | ' | $350 | $133 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ownership interest held by the Company in Affinia Group Inc. | ' | 100.00% | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Ownership interest in the Company held by Affinia Group Holdings Inc. | ' | 100.00% | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Financial_Information_for_Guar3
Financial Information for Guarantors and Non-Guarantors - Guarantor Condensed Consolidating Statement of Operations (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Schedule Of Condensed Consolidating Statement Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Cost of sales | -308 | -287 | -900 | -858 | -1,125 | -1,136 | -1,043 |
Gross profit | 93 | 88 | 270 | 254 | 328 | 342 | 316 |
Selling, general and administrative expenses | -57 | -50 | -161 | -148 | -197 | -200 | -193 |
Operating profit (loss) | 36 | 38 | 109 | 106 | 131 | 142 | 123 |
Loss on extinguishment of debt | ' | ' | -15 | -1 | -1 | ' | -1 |
Other income (loss), net | -1 | 2 | -3 | 2 | 2 | 4 | 1 |
Interest expense | -15 | -16 | -58 | -48 | -63 | -67 | -65 |
Income (loss) from continuing operations before income tax benefit (provision), equity in income (loss), net of tax and noncontrolling interest | 20 | 24 | 33 | 59 | 69 | 79 | 58 |
Income tax benefit (provision) | -9 | -10 | -16 | -24 | -48 | -38 | -30 |
Equity in income (loss), net of tax | -2 | 1 | -2 | 1 | 1 | ' | 1 |
Net income (loss) from continuing operations | 9 | 15 | 15 | 36 | 22 | 41 | 29 |
Income (loss) from discontinued operations, net of tax | ' | -10 | -1 | -57 | -124 | -113 | 1 |
Net income (loss) | 9 | 5 | 14 | -21 | -102 | -72 | 30 |
Less: net income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | 1 | 1 | 6 |
Net income (loss) attributable to the Company | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Parent [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule Of Condensed Consolidating Statement Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | ' | ' | ' |
Cost of sales | ' | ' | ' | ' | ' | ' | ' |
Gross profit | ' | ' | ' | ' | ' | ' | ' |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' |
Operating profit (loss) | ' | ' | ' | ' | ' | ' | ' |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' |
Other income (loss), net | ' | ' | ' | ' | ' | ' | ' |
Interest expense | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from continuing operations before income tax benefit (provision), equity in income (loss), net of tax and noncontrolling interest | ' | ' | ' | ' | ' | ' | ' |
Income tax benefit (provision) | ' | ' | ' | ' | ' | ' | ' |
Equity in income (loss), net of tax | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Net income (loss) from continuing operations | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Income (loss) from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Less: net income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) attributable to the Company | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Issuer [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule Of Condensed Consolidating Statement Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | ' | ' | ' |
Cost of sales | ' | ' | ' | ' | ' | ' | ' |
Gross profit | ' | ' | ' | ' | ' | ' | ' |
Selling, general and administrative expenses | -16 | -13 | -28 | -35 | -45 | -26 | -32 |
Operating profit (loss) | -16 | -13 | -28 | -35 | -45 | -26 | -32 |
Loss on extinguishment of debt | ' | ' | -15 | -1 | -1 | ' | -1 |
Other income (loss), net | -1 | ' | -1 | 1 | 3 | ' | 21 |
Interest expense | -15 | -15 | -57 | -47 | -62 | -66 | -64 |
Income (loss) from continuing operations before income tax benefit (provision), equity in income (loss), net of tax and noncontrolling interest | -32 | -28 | -101 | -82 | -105 | -92 | -76 |
Income tax benefit (provision) | -2 | -2 | ' | -4 | -21 | -11 | -4 |
Equity in income (loss), net of tax | 43 | 34 | 115 | 64 | 23 | 30 | 106 |
Net income (loss) from continuing operations | 9 | 4 | 14 | -22 | -103 | -73 | 26 |
Income (loss) from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 9 | 4 | 14 | -22 | -103 | -73 | 26 |
Less: net income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | ' | ' | 2 |
Net income (loss) attributable to the Company | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Guarantor [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule Of Condensed Consolidating Statement Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 204 | 202 | 617 | 611 | 791 | 795 | 734 |
Cost of sales | -166 | -159 | -495 | -495 | -643 | -636 | -592 |
Gross profit | 38 | 43 | 122 | 116 | 148 | 159 | 142 |
Selling, general and administrative expenses | -17 | -16 | -65 | -51 | -68 | -87 | -83 |
Operating profit (loss) | 21 | 27 | 57 | 65 | 80 | 72 | 59 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' |
Other income (loss), net | ' | -1 | -1 | -4 | -5 | -2 | -23 |
Interest expense | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from continuing operations before income tax benefit (provision), equity in income (loss), net of tax and noncontrolling interest | 21 | 26 | 56 | 61 | 75 | 70 | 36 |
Income tax benefit (provision) | -2 | ' | ' | ' | ' | ' | ' |
Equity in income (loss), net of tax | 24 | 12 | 44 | 18 | 653 | 55 | 78 |
Net income (loss) from continuing operations | 43 | 38 | 100 | 79 | 728 | 125 | 114 |
Income (loss) from discontinued operations, net of tax | ' | -3 | 15 | -14 | -705 | -94 | -4 |
Net income (loss) | 43 | 35 | 115 | 65 | 23 | 31 | 110 |
Less: net income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | ' | 1 | 4 |
Net income (loss) attributable to the Company | 43 | 34 | 115 | 64 | 23 | 30 | 106 |
Non-Guarantor [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule Of Condensed Consolidating Statement Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 241 | 286 | 672 | 784 | 1,026 | 1,024 | 967 |
Cost of sales | -186 | -241 | -524 | -646 | -846 | -841 | -793 |
Gross profit | 55 | 45 | 148 | 138 | 180 | 183 | 174 |
Selling, general and administrative expenses | -24 | -21 | -68 | -62 | -84 | -87 | -78 |
Operating profit (loss) | 31 | 24 | 80 | 76 | 96 | 96 | 96 |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' |
Other income (loss), net | ' | 3 | -1 | 5 | 4 | 6 | 3 |
Interest expense | ' | -1 | -1 | -1 | -1 | -1 | -1 |
Income (loss) from continuing operations before income tax benefit (provision), equity in income (loss), net of tax and noncontrolling interest | 31 | 26 | 78 | 80 | 99 | 101 | 98 |
Income tax benefit (provision) | -5 | -8 | -16 | -20 | -27 | -27 | -26 |
Equity in income (loss), net of tax | -2 | 1 | -2 | 1 | 1 | ' | 1 |
Net income (loss) from continuing operations | 24 | 19 | 60 | 61 | 73 | 74 | 73 |
Income (loss) from discontinued operations, net of tax | ' | -7 | -16 | -43 | 581 | -19 | 5 |
Net income (loss) | 24 | 12 | 44 | 18 | 654 | 55 | 78 |
Less: net income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | 1 | ' | ' |
Net income (loss) attributable to the Company | 24 | 12 | 44 | 18 | 653 | 55 | 78 |
Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule Of Condensed Consolidating Statement Of Operations [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | -44 | -113 | -119 | -283 | -364 | -341 | -342 |
Cost of sales | 44 | 113 | 119 | 283 | 364 | 341 | 342 |
Gross profit | ' | ' | ' | ' | ' | ' | ' |
Selling, general and administrative expenses | ' | ' | ' | ' | ' | ' | ' |
Operating profit (loss) | ' | ' | ' | ' | ' | ' | ' |
Loss on extinguishment of debt | ' | ' | ' | ' | ' | ' | ' |
Other income (loss), net | ' | ' | ' | ' | ' | ' | ' |
Interest expense | ' | ' | ' | ' | ' | ' | ' |
Income (loss) from continuing operations before income tax benefit (provision), equity in income (loss), net of tax and noncontrolling interest | ' | ' | ' | ' | ' | ' | ' |
Income tax benefit (provision) | ' | ' | ' | ' | ' | ' | ' |
Equity in income (loss), net of tax | -76 | -50 | -173 | -60 | -573 | -12 | -208 |
Net income (loss) from continuing operations | -76 | -50 | -173 | -60 | -573 | -12 | -208 |
Income (loss) from discontinued operations, net of tax | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | -76 | -50 | -173 | -60 | -573 | -12 | -208 |
Less: net income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) attributable to the Company | ($76) | ($50) | ($173) | ($60) | ($573) | ($12) | ($208) |
Financial_Information_for_Guar4
Financial Information for Guarantors and Non-Guarantors - Guarantor Condensed Consolidating Statement of Comprehensive Income (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Schedule of Condensed Consolidating Statement of Comprehensive Income [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | $9 | $5 | $14 | ($21) | ($102) | ($72) | $30 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap, net of tax | -1 | ' | 5 | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | -1 | ' |
Loss on settlement pension obligations | ' | ' | ' | ' | ' | ' | 3 |
Change in foreign currency translation adjustments | 2 | 11 | -15 | ' | -15 | -32 | -2 |
Total other comprehensive income (loss) | 1 | 11 | -10 | ' | -15 | -33 | 1 |
Total comprehensive income (loss) | 10 | 16 | 4 | -21 | -117 | -105 | 31 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | 1 | 1 | 6 |
Comprehensive income (loss) attributable to the Company | 10 | 15 | 4 | -22 | -118 | -106 | 25 |
Parent [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule of Condensed Consolidating Statement of Comprehensive Income [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 9 | 4 | 14 | -22 | -103 | -73 | 24 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap, net of tax | -1 | ' | 5 | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | -1 | ' |
Loss on settlement pension obligations | ' | ' | ' | ' | ' | ' | 3 |
Change in foreign currency translation adjustments | 2 | 11 | -15 | ' | -15 | -32 | -2 |
Total other comprehensive income (loss) | 1 | 11 | -10 | ' | -15 | -33 | 1 |
Total comprehensive income (loss) | 10 | 15 | 4 | -22 | -118 | -106 | 25 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | ' | ' | ' |
Comprehensive income (loss) attributable to the Company | 10 | 15 | 4 | -22 | -118 | -106 | 25 |
Issuer [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule of Condensed Consolidating Statement of Comprehensive Income [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 9 | 4 | 14 | -22 | -103 | -73 | 26 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap, net of tax | -1 | ' | 5 | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | -1 | ' |
Loss on settlement pension obligations | ' | ' | ' | ' | ' | ' | 3 |
Change in foreign currency translation adjustments | 2 | 11 | -15 | ' | -15 | -32 | -2 |
Total other comprehensive income (loss) | 1 | 11 | -10 | ' | -15 | -33 | 1 |
Total comprehensive income (loss) | 10 | 15 | 4 | -22 | -118 | -106 | 27 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | ' | ' | 2 |
Comprehensive income (loss) attributable to the Company | 10 | 15 | 4 | -22 | -118 | -106 | 25 |
Guarantor [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule of Condensed Consolidating Statement of Comprehensive Income [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 43 | 35 | 115 | 65 | 23 | 31 | 110 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap, net of tax | ' | ' | ' | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | ' | ' |
Loss on settlement pension obligations | ' | ' | ' | ' | ' | ' | 3 |
Change in foreign currency translation adjustments | ' | ' | ' | ' | ' | ' | ' |
Total other comprehensive income (loss) | ' | ' | ' | ' | ' | ' | 3 |
Total comprehensive income (loss) | 43 | 35 | 115 | 65 | 23 | 31 | 113 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | 1 | ' | 1 | ' | 1 | 4 |
Comprehensive income (loss) attributable to the Company | 43 | 34 | 115 | 64 | 23 | 30 | 109 |
Non-Guarantor [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule of Condensed Consolidating Statement of Comprehensive Income [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | 24 | 12 | 44 | 18 | 654 | 55 | 78 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap, net of tax | ' | ' | ' | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | -1 | ' |
Loss on settlement pension obligations | ' | ' | ' | ' | ' | ' | ' |
Change in foreign currency translation adjustments | 2 | 11 | -15 | ' | -15 | -32 | -2 |
Total other comprehensive income (loss) | 2 | 11 | -15 | ' | -15 | -33 | -2 |
Total comprehensive income (loss) | 26 | 23 | 29 | 18 | 639 | 22 | 76 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | 1 | ' | ' |
Comprehensive income (loss) attributable to the Company | 26 | 23 | 29 | 18 | 638 | 22 | 76 |
Eliminations [Member] | ' | ' | ' | ' | ' | ' | ' |
Schedule of Condensed Consolidating Statement of Comprehensive Income [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net income (loss) | -76 | -50 | -173 | -60 | -573 | -12 | -208 |
Other comprehensive income (loss), net of tax: | ' | ' | ' | ' | ' | ' | ' |
Interest rate swap, net of tax | 1 | ' | -5 | ' | ' | ' | ' |
Pension liability adjustment | ' | ' | ' | ' | ' | 2 | ' |
Loss on settlement pension obligations | ' | ' | ' | ' | ' | ' | -6 |
Change in foreign currency translation adjustments | -4 | -22 | 30 | ' | 30 | 64 | 4 |
Total other comprehensive income (loss) | -3 | -22 | 25 | ' | 30 | 66 | -2 |
Total comprehensive income (loss) | -79 | -72 | -148 | -60 | -543 | 54 | -210 |
Less: comprehensive income attributable to noncontrolling interest, net of tax | ' | ' | ' | ' | ' | ' | ' |
Comprehensive income (loss) attributable to the Company | ($79) | ($72) | ($148) | ($60) | ($543) | $54 | ($210) |
Financial_Information_for_Guar5
Financial Information for Guarantors and Non-Guarantors - Guarantor Condensed Consolidating Balance Sheet (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2009 |
In Millions, unless otherwise specified | ||||||
Current assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | $86 | $51 | $49 | $54 | $55 | $65 |
Accounts receivable | 182 | 163 | ' | 211 | ' | ' |
Inventories, net | 302 | 304 | ' | 276 | ' | ' |
Other current assets | 94 | 65 | ' | 103 | ' | ' |
Current assets of discontinued operations | ' | ' | ' | 416 | ' | ' |
Total current assets | 664 | 583 | ' | 1,060 | ' | ' |
Investments and other assets | 247 | 258 | ' | 281 | ' | ' |
Intercompany investments | ' | ' | ' | ' | ' | ' |
Intercompany receivables (payables) | ' | ' | ' | ' | ' | ' |
Property, plant and equipment, net | 124 | 119 | ' | 118 | ' | ' |
Total assets | 1,035 | 960 | ' | 1,459 | ' | ' |
Current liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | 166 | 143 | ' | 126 | ' | ' |
Notes payable | 22 | 23 | ' | 20 | ' | ' |
Accrued payroll and employee benefits | 21 | 17 | ' | 10 | ' | ' |
Other accrued expenses | 92 | 68 | ' | 80 | ' | ' |
Current liabilities of discontinued operations | ' | ' | ' | 183 | ' | ' |
Total current liabilities | 301 | 251 | ' | 419 | ' | ' |
Deferred employee benefits and noncurrent liabilities | 14 | 12 | ' | 15 | ' | ' |
Long-term debt | 916 | 546 | ' | 678 | ' | ' |
Total liabilities | 1,231 | 809 | ' | 1,112 | ' | ' |
Total shareholder's equity (deficit) | -196 | 151 | ' | 347 | 448 | 437 |
Total liabilities and equity (deficit) | 1,035 | 960 | ' | 1,459 | ' | ' |
Parent [Member] | ' | ' | ' | ' | ' | ' |
Current assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | ' | ' | ' | ' | ' | ' |
Accounts receivable | ' | ' | ' | ' | ' | ' |
Inventories, net | ' | ' | ' | ' | ' | ' |
Other current assets | ' | ' | ' | ' | ' | ' |
Total current assets | ' | ' | ' | ' | ' | ' |
Investments and other assets | ' | ' | ' | ' | ' | ' |
Intercompany investments | -197 | 150 | ' | 334 | ' | ' |
Intercompany receivables (payables) | ' | ' | ' | ' | ' | ' |
Property, plant and equipment, net | ' | ' | ' | ' | ' | ' |
Total assets | -197 | 150 | ' | 334 | ' | ' |
Current liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | ' | ' | ' | ' | ' | ' |
Notes payable | ' | ' | ' | ' | ' | ' |
Accrued payroll and employee benefits | ' | ' | ' | ' | ' | ' |
Other accrued expenses | ' | ' | ' | ' | ' | ' |
Total current liabilities | ' | ' | ' | ' | ' | ' |
Deferred employee benefits and noncurrent liabilities | ' | ' | ' | ' | ' | ' |
Long-term debt | ' | ' | ' | ' | ' | ' |
Total liabilities | ' | ' | ' | ' | ' | ' |
Total shareholder's equity (deficit) | -197 | 150 | ' | 334 | ' | ' |
Total liabilities and equity (deficit) | -197 | 150 | ' | 334 | ' | ' |
Issuer [Member] | ' | ' | ' | ' | ' | ' |
Current assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 53 | 23 | 6 | 9 | 9 | 9 |
Accounts receivable | ' | 2 | ' | ' | ' | ' |
Inventories, net | ' | ' | ' | ' | ' | ' |
Other current assets | 30 | 15 | ' | 64 | ' | ' |
Total current assets | 83 | 40 | ' | 73 | ' | ' |
Investments and other assets | 148 | 197 | ' | 207 | ' | ' |
Intercompany investments | 1,154 | 724 | ' | 1,418 | ' | ' |
Intercompany receivables (payables) | -625 | -227 | ' | -629 | ' | ' |
Property, plant and equipment, net | 2 | 2 | ' | 3 | ' | ' |
Total assets | 762 | 736 | ' | 1,072 | ' | ' |
Current liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | 7 | 11 | ' | 12 | ' | ' |
Notes payable | ' | ' | ' | ' | ' | ' |
Accrued payroll and employee benefits | 4 | 7 | ' | 3 | ' | ' |
Other accrued expenses | 23 | 15 | ' | 20 | ' | ' |
Total current liabilities | 34 | 33 | ' | 35 | ' | ' |
Deferred employee benefits and noncurrent liabilities | 8 | 6 | ' | 12 | ' | ' |
Long-term debt | 916 | 546 | ' | 678 | ' | ' |
Total liabilities | 958 | 585 | ' | 725 | ' | ' |
Total shareholder's equity (deficit) | -196 | 151 | ' | 347 | ' | ' |
Total liabilities and equity (deficit) | 762 | 736 | ' | 1,072 | ' | ' |
Guarantor [Member] | ' | ' | ' | ' | ' | ' |
Current assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | ' | ' | ' | ' | 3 | ' |
Accounts receivable | 50 | 39 | ' | 91 | ' | ' |
Inventories, net | 166 | 172 | ' | 164 | ' | ' |
Other current assets | 7 | 9 | ' | 9 | ' | ' |
Current assets of discontinued operations | ' | ' | ' | 272 | ' | ' |
Total current assets | 223 | 220 | ' | 536 | ' | ' |
Investments and other assets | 74 | 41 | ' | 54 | ' | ' |
Intercompany investments | 704 | 652 | ' | 675 | ' | ' |
Intercompany receivables (payables) | 221 | -134 | ' | 271 | ' | ' |
Property, plant and equipment, net | 53 | 48 | ' | 57 | ' | ' |
Total assets | 1,275 | 827 | ' | 1,593 | ' | ' |
Current liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | 90 | 79 | ' | 74 | ' | ' |
Notes payable | ' | ' | ' | ' | ' | ' |
Accrued payroll and employee benefits | 6 | 3 | ' | 2 | ' | ' |
Other accrued expenses | 24 | 21 | ' | 30 | ' | ' |
Current liabilities of discontinued operations | ' | ' | ' | 69 | ' | ' |
Total current liabilities | 120 | 103 | ' | 175 | ' | ' |
Deferred employee benefits and noncurrent liabilities | 1 | ' | ' | ' | ' | ' |
Long-term debt | ' | ' | ' | ' | ' | ' |
Total liabilities | 121 | 103 | ' | 175 | ' | ' |
Total shareholder's equity (deficit) | 1,154 | 724 | ' | 1,418 | ' | ' |
Total liabilities and equity (deficit) | 1,275 | 827 | ' | 1,593 | ' | ' |
Non-Guarantor [Member] | ' | ' | ' | ' | ' | ' |
Current assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | 33 | 28 | 43 | 45 | 43 | 56 |
Accounts receivable | 132 | 122 | ' | 120 | ' | ' |
Inventories, net | 136 | 132 | ' | 112 | ' | ' |
Other current assets | 57 | 41 | ' | 30 | ' | ' |
Current assets of discontinued operations | ' | ' | ' | 144 | ' | ' |
Total current assets | 358 | 323 | ' | 451 | ' | ' |
Investments and other assets | 25 | 20 | ' | 20 | ' | ' |
Intercompany investments | ' | ' | ' | ' | ' | ' |
Intercompany receivables (payables) | 404 | 361 | ' | 358 | ' | ' |
Property, plant and equipment, net | 69 | 69 | ' | 58 | ' | ' |
Total assets | 856 | 773 | ' | 887 | ' | ' |
Current liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | 69 | 53 | ' | 40 | ' | ' |
Notes payable | 22 | 23 | ' | 20 | ' | ' |
Accrued payroll and employee benefits | 11 | 7 | ' | 5 | ' | ' |
Other accrued expenses | 45 | 32 | ' | 30 | ' | ' |
Current liabilities of discontinued operations | ' | ' | ' | 114 | ' | ' |
Total current liabilities | 147 | 115 | ' | 209 | ' | ' |
Deferred employee benefits and noncurrent liabilities | 5 | 6 | ' | 3 | ' | ' |
Long-term debt | ' | ' | ' | ' | ' | ' |
Total liabilities | 152 | 121 | ' | 212 | ' | ' |
Total shareholder's equity (deficit) | 704 | 652 | ' | 675 | ' | ' |
Total liabilities and equity (deficit) | 856 | 773 | ' | 887 | ' | ' |
Eliminations [Member] | ' | ' | ' | ' | ' | ' |
Current assets: | ' | ' | ' | ' | ' | ' |
Cash and cash equivalents | ' | ' | ' | ' | ' | ' |
Accounts receivable | ' | ' | ' | ' | ' | ' |
Inventories, net | ' | ' | ' | ' | ' | ' |
Other current assets | ' | ' | ' | ' | ' | ' |
Total current assets | ' | ' | ' | ' | ' | ' |
Investments and other assets | ' | ' | ' | ' | ' | ' |
Intercompany investments | -1,661 | -1,526 | ' | -2,427 | ' | ' |
Intercompany receivables (payables) | ' | ' | ' | ' | ' | ' |
Property, plant and equipment, net | ' | ' | ' | ' | ' | ' |
Total assets | -1,661 | -1,526 | ' | -2,427 | ' | ' |
Current liabilities: | ' | ' | ' | ' | ' | ' |
Accounts payable | ' | ' | ' | ' | ' | ' |
Notes payable | ' | ' | ' | ' | ' | ' |
Accrued payroll and employee benefits | ' | ' | ' | ' | ' | ' |
Other accrued expenses | ' | ' | ' | ' | ' | ' |
Total current liabilities | ' | ' | ' | ' | ' | ' |
Deferred employee benefits and noncurrent liabilities | ' | ' | ' | ' | ' | ' |
Long-term debt | ' | ' | ' | ' | ' | ' |
Total liabilities | ' | ' | ' | ' | ' | ' |
Total shareholder's equity (deficit) | -1,661 | -1,526 | ' | -2,427 | ' | ' |
Total liabilities and equity (deficit) | ($1,661) | ($1,526) | ' | ($2,427) | ' | ' |
Financial_Information_for_Guar6
Financial Information for Guarantors and Non-Guarantors - Guarantor Condensed Consolidating Cash Flow Statement (Detail) (USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Operating activities | ' | ' | ' |
Net cash (used in) provided by operating activities | $97 | $14 | $23 |
Investing activities | ' | ' | ' |
Proceeds from sales of assets | 4 | 9 | 1 |
Investment in companies, net of cash acquired | ' | -1 | -51 |
Proceeds from sale of affiliates | ' | ' | 11 |
Change in restricted cash | ' | 5 | -3 |
Additions to property, plant and equipment | -27 | -55 | -52 |
Other investing activities | ' | 3 | -4 |
Net cash used in investing activities | -23 | -39 | -98 |
Financing activities | ' | ' | ' |
Net decrease in other short-term debt | -4 | -6 | 13 |
Proceeds from other debt | ' | 20 | 2 |
Proceeds from Subordinated Notes | ' | ' | 100 |
Payments of other debt | -2 | -10 | ' |
Repayment of Secured Notes | -23 | ' | -23 |
Capital contribution | ' | 2 | 3 |
Net payments of ABL Revolver | -110 | 20 | ' |
Cash related to the deconsolidation of BPI | -11 | ' | ' |
Proceeds from BPI's new credit facility | 76 | ' | ' |
Payment of deferred financing costs | -1 | ' | -5 |
Purchase of noncontrolling interest | -3 | ' | -24 |
Net cash provided by (used in) financing activities | -78 | 26 | 66 |
Effect of exchange rates on cash | 1 | -2 | -1 |
Change in cash and cash equivalents | -3 | -1 | -10 |
Cash and cash equivalents at beginning of the period | 54 | 55 | 65 |
Cash and cash equivalents at end of the period | 51 | 54 | 55 |
Parent [Member] | ' | ' | ' |
Operating activities | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | ' |
Investing activities | ' | ' | ' |
Proceeds from sales of assets | ' | ' | ' |
Investment in companies, net of cash acquired | ' | ' | ' |
Proceeds from sale of affiliates | ' | ' | ' |
Change in restricted cash | ' | ' | ' |
Additions to property, plant and equipment | ' | ' | ' |
Other investing activities | ' | ' | ' |
Net cash used in investing activities | ' | ' | ' |
Financing activities | ' | ' | ' |
Net decrease in other short-term debt | ' | ' | ' |
Proceeds from other debt | ' | ' | ' |
Proceeds from Subordinated Notes | ' | ' | ' |
Payments of other debt | ' | ' | ' |
Repayment of Secured Notes | ' | ' | ' |
Capital contribution | ' | ' | ' |
Net payments of ABL Revolver | ' | ' | ' |
Cash related to the deconsolidation of BPI | ' | ' | ' |
Proceeds from BPI's new credit facility | ' | ' | ' |
Payment of deferred financing costs | ' | ' | ' |
Purchase of noncontrolling interest | ' | ' | ' |
Net cash provided by (used in) financing activities | ' | ' | ' |
Effect of exchange rates on cash | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | ' |
Cash and cash equivalents at beginning of the period | ' | ' | ' |
Cash and cash equivalents at end of the period | ' | ' | ' |
Issuer [Member] | ' | ' | ' |
Operating activities | ' | ' | ' |
Net cash (used in) provided by operating activities | 151 | -20 | -57 |
Investing activities | ' | ' | ' |
Proceeds from sales of assets | ' | ' | ' |
Investment in companies, net of cash acquired | ' | ' | ' |
Proceeds from sale of affiliates | ' | ' | 11 |
Change in restricted cash | ' | ' | ' |
Additions to property, plant and equipment | ' | ' | -2 |
Other investing activities | ' | ' | ' |
Net cash used in investing activities | ' | ' | 9 |
Financing activities | ' | ' | ' |
Net decrease in other short-term debt | ' | ' | ' |
Proceeds from other debt | ' | ' | ' |
Proceeds from Subordinated Notes | ' | ' | 100 |
Payments of other debt | ' | ' | ' |
Repayment of Secured Notes | -23 | ' | -23 |
Capital contribution | ' | ' | ' |
Net payments of ABL Revolver | -110 | 20 | ' |
Cash related to the deconsolidation of BPI | ' | ' | ' |
Proceeds from BPI's new credit facility | ' | ' | ' |
Payment of deferred financing costs | -1 | ' | -5 |
Purchase of noncontrolling interest | -3 | ' | -24 |
Net cash provided by (used in) financing activities | -136 | 20 | 48 |
Effect of exchange rates on cash | ' | ' | ' |
Change in cash and cash equivalents | 14 | ' | ' |
Cash and cash equivalents at beginning of the period | 9 | 9 | 9 |
Cash and cash equivalents at end of the period | 23 | 9 | 9 |
Guarantor [Member] | ' | ' | ' |
Operating activities | ' | ' | ' |
Net cash (used in) provided by operating activities | -58 | 11 | 75 |
Investing activities | ' | ' | ' |
Proceeds from sales of assets | 1 | ' | ' |
Investment in companies, net of cash acquired | ' | -1 | -51 |
Proceeds from sale of affiliates | ' | ' | ' |
Change in restricted cash | ' | ' | ' |
Additions to property, plant and equipment | -8 | -16 | -17 |
Other investing activities | ' | 3 | -4 |
Net cash used in investing activities | -7 | -14 | -72 |
Financing activities | ' | ' | ' |
Net decrease in other short-term debt | ' | ' | ' |
Proceeds from other debt | ' | ' | ' |
Proceeds from Subordinated Notes | ' | ' | ' |
Payments of other debt | ' | ' | ' |
Repayment of Secured Notes | ' | ' | ' |
Capital contribution | ' | ' | ' |
Net payments of ABL Revolver | ' | ' | ' |
Cash related to the deconsolidation of BPI | -11 | ' | ' |
Proceeds from BPI's new credit facility | 76 | ' | ' |
Payment of deferred financing costs | ' | ' | ' |
Purchase of noncontrolling interest | ' | ' | ' |
Net cash provided by (used in) financing activities | 65 | ' | ' |
Effect of exchange rates on cash | ' | ' | ' |
Change in cash and cash equivalents | ' | -3 | 3 |
Cash and cash equivalents at beginning of the period | ' | 3 | ' |
Cash and cash equivalents at end of the period | ' | ' | 3 |
Non-Guarantor [Member] | ' | ' | ' |
Operating activities | ' | ' | ' |
Net cash (used in) provided by operating activities | 4 | 23 | 5 |
Investing activities | ' | ' | ' |
Proceeds from sales of assets | 3 | 9 | 1 |
Investment in companies, net of cash acquired | ' | ' | ' |
Proceeds from sale of affiliates | ' | ' | ' |
Change in restricted cash | ' | 5 | -3 |
Additions to property, plant and equipment | -19 | -39 | -33 |
Other investing activities | ' | ' | ' |
Net cash used in investing activities | -16 | -25 | -35 |
Financing activities | ' | ' | ' |
Net decrease in other short-term debt | -4 | -6 | 13 |
Proceeds from other debt | ' | 20 | 2 |
Proceeds from Subordinated Notes | ' | ' | ' |
Payments of other debt | -2 | -10 | ' |
Repayment of Secured Notes | ' | ' | ' |
Capital contribution | ' | 2 | 3 |
Net payments of ABL Revolver | ' | ' | ' |
Cash related to the deconsolidation of BPI | ' | ' | ' |
Proceeds from BPI's new credit facility | ' | ' | ' |
Payment of deferred financing costs | ' | ' | ' |
Purchase of noncontrolling interest | ' | ' | ' |
Net cash provided by (used in) financing activities | -6 | 6 | 18 |
Effect of exchange rates on cash | 1 | -2 | -1 |
Change in cash and cash equivalents | -17 | 2 | -13 |
Cash and cash equivalents at beginning of the period | 45 | 43 | 56 |
Cash and cash equivalents at end of the period | 28 | 45 | 43 |
Eliminations [Member] | ' | ' | ' |
Operating activities | ' | ' | ' |
Net cash (used in) provided by operating activities | ' | ' | ' |
Investing activities | ' | ' | ' |
Proceeds from sales of assets | ' | ' | ' |
Investment in companies, net of cash acquired | ' | ' | ' |
Proceeds from sale of affiliates | ' | ' | ' |
Change in restricted cash | ' | ' | ' |
Additions to property, plant and equipment | ' | ' | ' |
Other investing activities | ' | ' | ' |
Net cash used in investing activities | ' | ' | ' |
Financing activities | ' | ' | ' |
Net decrease in other short-term debt | ' | ' | ' |
Proceeds from other debt | ' | ' | ' |
Proceeds from Subordinated Notes | ' | ' | ' |
Payments of other debt | ' | ' | ' |
Repayment of Secured Notes | ' | ' | ' |
Capital contribution | ' | ' | ' |
Net payments of ABL Revolver | ' | ' | ' |
Cash related to the deconsolidation of BPI | ' | ' | ' |
Proceeds from BPI's new credit facility | ' | ' | ' |
Payment of deferred financing costs | ' | ' | ' |
Purchase of noncontrolling interest | ' | ' | ' |
Net cash provided by (used in) financing activities | ' | ' | ' |
Effect of exchange rates on cash | ' | ' | ' |
Change in cash and cash equivalents | ' | ' | ' |
Cash and cash equivalents at beginning of the period | ' | ' | ' |
Cash and cash equivalents at end of the period | ' | ' | ' |
Description_of_Business_Additi
Description of Business - Additional Information (Detail) | 9 Months Ended | 12 Months Ended |
Sep. 30, 2013 | Dec. 31, 2012 | |
Accounting Policies [Abstract] | ' | ' |
Percentage of sales | 98.00% | 98.00% |
Ownership interest held by the Company in Affinia Group Inc. | 100.00% | 100.00% |
Ownership interest in the Company held by Affinia Group Holdings Inc. | 100.00% | 100.00% |
Refinancing_Additional_Informa
Refinancing - Additional Information (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 1 Months Ended | 3 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | 9 Months Ended | 1 Months Ended | |||||||
In Millions, unless otherwise specified | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Apr. 25, 2013 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | 22-May-12 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Apr. 25, 2013 |
Affinia Group Holdings Inc [Member] | Refinancing Dividend [Member] | Other Dividend [Member] | Deferred Compensation Plan [Member] | U.S. domestic borrowers [Member] | U.S. domestic borrowers [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-1, due April 2016 [Member] | Term Loan B-2, due April 2020 [Member] | Term Loan B-2, due April 2020 [Member] | Term Loan B-2, due April 2020 [Member] | 10.75% Senior secured notes, due August 2016 [Member] | 10.75% Senior secured notes, due August 2016 [Member] | 10.75% Senior secured notes, due August 2016 [Member] | 10.75% Senior secured notes, due August 2016 [Member] | 9% Senior subordinated notes, due November 2014 [Member] | 9% Senior subordinated notes, due November 2014 [Member] | 9% Senior subordinated notes, due November 2014 [Member] | 9% Senior subordinated notes, due November 2014 [Member] | New ABL Revolver [Member] | New ABL Revolver [Member] | ||||
U.S. domestic borrowers [Member] | ||||||||||||||||||||||||||||
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Aggregate principal amount | ' | ' | ' | ' | ' | ' | ' | ' | ' | $250 | ' | ' | $200 | ' | ' | $470 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Senior Notes interest rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | 7.75% | 7.75% | 7.75% | ' | ' | ' | ' | ' | ' | 10.75% | 10.75% | 10.75% | 10.75% | 9.00% | 9.00% | 9.00% | 9.00% | ' | ' |
ABL revolver maturity date | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1-May-21 | 1-May-21 | 1-May-21 | 25-Apr-16 | 25-Apr-16 | 25-Apr-16 | 25-Apr-20 | 25-Apr-20 | 25-Apr-20 | 1-Aug-16 | 1-Aug-16 | 1-Aug-16 | 1-Aug-16 | 1-Nov-14 | 1-Nov-14 | 1-Nov-14 | 1-Nov-14 | 25-Apr-18 | 25-Apr-18 |
Cash on hand for redemption | 31 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Repayment of Seller Note | 61 | 1 | ' | 61 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Distribution made to holdings | 351 | 352 | ' | 133 | 350 | 1 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Borrowings | ' | ' | 315 | ' | ' | ' | ' | 300 | 300 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 175 |
Sub-limit for letters of credit | ' | ' | ' | ' | ' | ' | ' | 40 | 40 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 30 |
Swingline facility | ' | ' | ' | ' | ' | ' | ' | $30 | $30 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | $15 |
Refinancing_Summary_of_Sources
Refinancing - Summary of Sources and Uses of Refinancing (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Apr. 25, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Debt | ' | $667 | ' | ' | ' | ' |
Cash on hand | 31 | ' | ' | ' | ' | ' |
Sources of debt refinancing | 948 | ' | ' | ' | ' | ' |
Redeemed Secured Notes | 180 | 195 | 23 | 23 | ' | 23 |
Redeemed Subordinated Notes | 367 | 367 | ' | ' | ' | ' |
Redeemed Holdings' Preferred Shares | 156 | ' | ' | ' | ' | ' |
Repaid Holdings' Seller Note | 61 | 1 | ' | ' | ' | ' |
Distribution to Holdings' Stockholders | 351 | 352 | ' | ' | ' | ' |
Interest payments on Secured and Subordinated Notes | ' | 46 | 42 | 59 | 63 | 60 |
Call premium on Secured Notes | 15 | ' | ' | ' | ' | ' |
Deferred financing costs | 15 | 15 | ' | 1 | ' | 5 |
Uses of debt refinancing | 948 | ' | ' | ' | ' | ' |
Refinancing Dividend [Member] | ' | ' | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Distribution to Holdings' Stockholders | 350 | ' | ' | ' | ' | ' |
Old Senior Notes [Member] | ' | ' | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Interest payments on Secured and Subordinated Notes | 21 | ' | ' | ' | ' | ' |
Affinia Group Holdings Inc [Member] | ' | ' | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Repaid Holdings' Seller Note | 61 | ' | ' | ' | ' | ' |
Distribution to Holdings' Stockholders | 133 | ' | ' | ' | ' | ' |
Term Loan B-1, due April 2016 [Member] | ' | ' | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Debt | 199 | ' | ' | ' | ' | ' |
Term Loan B-2, due April 2020 [Member] | ' | ' | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Debt | 468 | ' | ' | ' | ' | ' |
7.75% Senior notes, due May 2021 [Member] | ' | ' | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' |
Debt | $250 | ' | ' | ' | ' | ' |
Refinancing_Additional_Informa1
Refinancing - Additional Information (Parenthetical) (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | |
In Millions, unless otherwise specified | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2010 |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Payment of deferred financing costs | $15 | $15 | $1 | $5 |
Distribution made to parent | 351 | 352 | ' | ' |
Refinancing Dividend [Member] | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Distribution made to parent | 350 | ' | ' | ' |
Term Loan B-1, due April 2016 [Member] | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Original issue discount | 1 | ' | ' | ' |
Term Loan B-2, due April 2020 [Member] | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Original issue discount | 2 | ' | ' | ' |
Paid on Date of Refinancing [Member] | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Payment of deferred financing costs | 13 | ' | ' | ' |
Subsequently Paid [Member] | ' | ' | ' | ' |
Debt Instrument [Line Items] | ' | ' | ' | ' |
Payment of deferred financing costs | $2 | ' | ' | ' |
Debt_Additional_Information_Ne
Debt - Additional Information - New ABL Revolver (Detail) (USD $) | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2013 | Dec. 31, 2012 | 22-May-12 | Apr. 25, 2013 |
In Millions, unless otherwise specified | New ABL Revolver [Member] | New ABL Revolver [Member] | New ABL Revolver [Member] | New ABL Revolver [Member] | U.S. domestic borrowers [Member] | U.S. domestic borrowers [Member] | U.S. domestic borrowers [Member] | |
Minimum [Member] | Maximum [Member] | New ABL Revolver [Member] | ||||||
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' |
Borrowings | $315 | ' | ' | ' | ' | $300 | $300 | $175 |
Sub-limit for letters of credit | ' | ' | ' | ' | ' | 40 | 40 | 30 |
Swingline facility | ' | ' | ' | ' | ' | 30 | 30 | 15 |
Outstanding credit facility | ' | ' | ' | ' | ' | ' | ' | ' |
Additional availability of debt | ' | 124 | ' | ' | ' | ' | ' | ' |
Outstanding letters of credit | ' | 10 | ' | ' | ' | ' | ' | ' |
Borrowing base reserves | ' | 1 | ' | ' | ' | ' | ' | ' |
Debt maturity date | ' | 25-Apr-18 | ' | ' | ' | ' | ' | 25-Apr-18 |
Unused commitment fee, percentage used if the commitments utilized | ' | ' | ' | 0.25% | 0.38% | ' | ' | ' |
Percentage of the commitments utilized | ' | 50.00% | ' | ' | ' | ' | ' | ' |
Administration fees and fronting fees, percentage | ' | 0.13% | ' | ' | ' | ' | ' | ' |
Event of default percentage fee increase | ' | 2.00% | ' | ' | ' | ' | ' | ' |
Cash Dominion: Availability percentage of total borrowing base | ' | 12.50% | ' | ' | ' | ' | ' | ' |
Cash Dominion: Availability dollar threshold | ' | 17.5 | ' | ' | ' | ' | ' | ' |
Cash Dominion: Consecutive trading days threshold | ' | '60 days | ' | ' | ' | ' | ' | ' |
Covenant: Availability percentage of total borrowing base | ' | 10.00% | ' | ' | ' | ' | ' | ' |
Covenant: Availability dollar threshold | ' | $15 | ' | ' | ' | ' | ' | ' |
Fixed charge coverage ratio | ' | 0.0217 | 0.01 | ' | ' | ' | ' | ' |
Debt_Additional_Information_In
Debt - Additional Information - Indenture (Detail) (USD $) | 9 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 12 Months Ended | ||
In Millions, unless otherwise specified | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Sep. 30, 2013 | Apr. 25, 2013 | Sep. 30, 2013 | Dec. 31, 2012 |
Minimum [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | 7.75% Senior notes, due May 2021 [Member] | ||||
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Accrued interest rate | ' | ' | ' | ' | 7.75% | ' | ' |
Interest payment term | ' | ' | ' | ' | 'Semi-annually on May 1 and November 1 of each year, commencing November 1, 2013 | ' | ' |
Debt Instrument Maturity Year | ' | ' | ' | ' | 1-May-21 | 1-May-21 | 1-May-21 |
Long-term Debt | $938 | $569 | $698 | ' | ' | $250 | ' |
Percentage ownership in guarantor subsidiaries | 100.00% | ' | ' | ' | ' | ' | ' |
Percentage of Trustees or holders of principal amount outstanding affected by default | ' | ' | ' | 25.00% | ' | ' | ' |
Debt_Additional_Information_Te
Debt - Additional Information - Term Loans Facility (Detail) (USD $) | 1 Months Ended | 9 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | 1 Months Ended | 3 Months Ended | 6 Months Ended | 12 Months Ended | 1 Months Ended | 9 Months Ended | 1 Months Ended | 9 Months Ended | 3 Months Ended | 9 Months Ended | ||||||||||
In Millions, unless otherwise specified | Apr. 25, 2013 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2010 | Dec. 31, 2011 | Jun. 30, 2013 | Sep. 30, 2013 | Jun. 25, 2012 | Jun. 30, 2012 | Jun. 30, 2012 | Dec. 31, 2010 | Sep. 30, 2013 | Sep. 30, 2013 | Apr. 25, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Apr. 25, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Sep. 30, 2013 | Jun. 30, 2013 | Jun. 30, 2013 | Sep. 30, 2013 |
Senior Notes [Member] | Senior Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Secured Notes [Member] | Maximum [Member] | Minimum [Member] | Term Loan B-1 [Member] | Term Loan B-1 [Member] | Term Loan B-1 [Member] | Term Loan B-1 [Member] | Term Loan B-2 [Member] | Term Loan B-2 [Member] | Term Loan B-2 [Member] | Term Loan B-2 [Member] | ABL Revolver [Member] | Old ABL Revolver [Member] | New ABL Revolver [Member] | |||||||
Base Rate [Member] | London Interbank Offered Rate (LIBOR) [Member] | Base Rate [Member] | London Interbank Offered Rate (LIBOR) [Member] | ||||||||||||||||||||||
Proforma Debt Instrument [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Debt outstanding | ' | $938 | ' | $569 | ' | $698 | ' | ' | ' | ' | ' | ' | ' | ' | $200 | $199 | ' | ' | $470 | $467 | ' | ' | ' | ' | ' |
Debt offering price percentage | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 99.75% | ' | ' | ' | 99.50% | ' | ' | ' | ' | ' | ' |
Proceeds from term loan | ' | 667 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 199 | ' | ' | ' | 468 | ' | ' | ' | ' | ' | ' |
Amortization of debt discount | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 1 | ' | ' | 2 | 2 | ' | ' | ' | ' | ' |
Amortization percentage per annum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.00% | ' | ' | ' | 1.00% | ' | ' | ' | ' | ' | ' |
Percentage of net proceeds from the incurrence of indebtedness other than permitted indebtedness | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of net proceeds of asset sales including insurance or condemnation proceeds | ' | 100.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of net proceeds of excess cash flow | ' | 50.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Percentage of net proceeds of excess cash flow leverage targets maximum | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 25.00% | 0.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Voluntary prepayments premium payable on term loan percentage | ' | 1.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Voluntary prepayments on term loan | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 'Six months following April 25, 2013 | ' | ' | ' | 'One year following April 25, 2013 | ' | ' | ' | ' | ' |
Margin for borrowings under term loan with respect to base rate | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1.75% | 2.75% | ' | ' | 2.50% | 3.50% | ' | ' | ' |
LIBOR rate is subject to a floor | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 0.75% | ' | ' | ' | 1.25% | ' | ' | ' | ' | ' |
Interest rate for over due principal in excess of the rate applicable to base rate borrowings | ' | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Interest rate in excess of the rate applicable to base rate borrowings | ' | 2.00% | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Write-off interest expense for unamortized deferred financing costs associated with the refinancing proceeds used to redeem our Secured Notes and Subordinated Notes | ' | 8 | ' | ' | 1 | ' | 5 | ' | ' | 1 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' |
Total deferred financing costs | ' | 15 | ' | 1 | ' | ' | 14 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 1 | 1 | ' |
Interest expenses charged on unamortized deferred financing period | ' | ' | ' | ' | ' | ' | ' | '8 years | ' | ' | ' | '4 years | ' | ' | ' | '3 years | ' | ' | ' | '7 years | ' | ' | ' | ' | '5 years |
Repayment amount of secured notes | $180 | $195 | $23 | $23 | $23 | ' | ' | ' | $22.50 | $22.50 | $22.50 | $22.50 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Derivatives_Notional_Amount_an1
Derivatives - Notional Amount and Fair Value of Outstanding (Detail) (Interest rate swap [Member], USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Interest rate swap [Member] | ' | ' |
Schedule Of Loans And Allowance For Loan By Class Individually And Collectively Evaluated For Impairment [Line Items] | ' | ' |
Notional Amount | $300 | ' |
Fair Value | $8 | ' |
Commitments_and_Contingencies_3
Commitments and Contingencies - Schedule of Reconciliation of Changes in Return Reserves (Detail) (Return reserves [Member], USD $) | 9 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Return reserves [Member] | ' | ' | ' | ' | ' |
Commitments And Contingencies [Line Items] | ' | ' | ' | ' | ' |
Beginning balance | $8 | $11 | $11 | $17 | $17 |
Amounts charged to revenue | 12 | 14 | 23 | 45 | 43 |
Returns processed | -10 | -11 | -26 | -45 | -43 |
Ending balance | $10 | $14 | $8 | $11 | $17 |
Income_Taxes_Additional_Inform
Income Taxes - Additional Information (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 |
In Millions, unless otherwise specified | ||
Income Tax [Line Items] | ' | ' |
Unrecognized tax benefits | $1 | $1 |
Maximum [Member] | ' | ' |
Income Tax [Line Items] | ' | ' |
Unrecognized tax benefits, accrual for interest and penalties | $1 | ' |
Legal_Proceedings_Additional_I
Legal Proceedings - Additional Information (Detail) | 1 Months Ended | 3 Months Ended | 9 Months Ended | 12 Months Ended | 12 Months Ended | 3 Months Ended | 9 Months Ended | |||||||||||||
In Millions, unless otherwise specified | Sep. 30, 2011 | Sep. 30, 2013 | Sep. 30, 2012 | Mar. 31, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 | Mar. 31, 2013 | Sep. 30, 2013 | Sep. 30, 2013 |
USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | GBP (£) | Minimum [Member] | Minimum [Member] | Maximum [Member] | Maximum [Member] | Quinton Hazell [Member] | Quinton Hazell [Member] | Quinton Hazell [Member] | Quinton Hazell [Member] | Quinton Hazell [Member] | Quinton Hazell [Member] | |
USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | USD ($) | Neovia [Member] | Neovia [Member] | Neovia [Member] | |||||||||||
USD ($) | USD ($) | GBP (£) | ||||||||||||||||||
Legal Proceedings [Line Items] | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Entered into settlement agreement with Satisfied Brake Products Inc. | $10 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Amount due upon execution of settlement agreement | 2.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Execution of settlement agreement additional | 7.5 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Gain on settlement agreement | 2.5 | ' | ' | 4 | ' | 4 | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' |
Unpaid invoices | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.7 | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5.7 |
Asserting a claim against Affinia Group Inc. date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 15-Feb-13 | 15-Feb-13 |
Bankruptcy Date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 28-Jan-13 | ' | ' | ' | 28-Jan-13 | 28-Jan-13 |
Logistics Services Agreement Date | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5-May-06 | ' | ' | ' | 5-May-06 | 5-May-06 |
Legal expense | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 5 | ' | ' |
Tax benefit | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | ' | 2 | ' | ' |
Discontinued operations, net of tax | ' | ' | -10 | ' | -1 | -57 | -124 | -113 | 1 | ' | ' | ' | ' | ' | ' | ' | ' | 3 | ' | ' |
Accrued for civil liability | ' | $11 | ' | ' | $11 | ' | $1 | $4 | ' | ' | $1 | $1 | $11 | $10 | ' | ' | ' | ' | $9 | ' |
Segment_and_Geographic_Informa2
Segment and Geographic Information - Reconciliation of Sales, Operating Profit, Total Assets, Depreciation and Amortization and Capital Expenditures (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Operating Profit | 36 | 38 | 109 | 106 | 131 | 142 | 123 |
Depreciation and amortization | 5 | 6 | 17 | 17 | 24 | 39 | 37 |
Total assets | 1,035 | ' | 1,035 | ' | 960 | 1,459 | ' |
Capital Expenditures | 8 | 8 | 18 | 19 | 27 | 55 | 52 |
On and Off-highway segment [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | 1,455 | 1,483 | 1,367 |
Operating Profit | ' | ' | ' | ' | 165 | 169 | 161 |
Depreciation and amortization | ' | ' | ' | ' | 19 | 17 | 16 |
Total assets | ' | ' | ' | ' | 720 | 735 | ' |
Capital Expenditures | ' | ' | ' | ' | 17 | 27 | 28 |
Corporate, eliminations and other [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ' | -2 | -5 | -8 |
Operating Profit | ' | ' | ' | ' | -34 | -27 | -38 |
Depreciation and amortization | ' | ' | ' | ' | 5 | 8 | 10 |
Total assets | ' | ' | ' | ' | 240 | 308 | ' |
Capital Expenditures | ' | ' | ' | ' | ' | ' | 2 |
Operating Segments [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Capital Expenditures | 8 | 5 | 18 | 10 | ' | ' | ' |
Operating Segments [Member] | On and Off-highway segment [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 401 | 375 | 1,170 | 1,113 | ' | ' | ' |
Operating Profit | 50 | 48 | 142 | 132 | ' | ' | ' |
Depreciation and amortization | 5 | 5 | 14 | 13 | ' | ' | ' |
Total assets | 801 | ' | 801 | ' | 720 | ' | ' |
Capital Expenditures | 8 | 5 | 17 | 10 | ' | ' | ' |
Operating Segments [Member] | Corporate, eliminations and other [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Capital Expenditures | ' | ' | 1 | ' | ' | ' | ' |
Discontinued operations [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Capital Expenditures | ' | 3 | ' | 9 | ' | ' | ' |
Corporate, Non-Segment [Member] | Corporate, eliminations and other [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | -1 | ' | ' | ' |
Operating Profit | -14 | -10 | -33 | -26 | ' | ' | ' |
Depreciation and amortization | ' | 1 | 3 | 4 | ' | ' | ' |
Total assets | $234 | ' | $234 | ' | $240 | ' | ' |
Segment_and_Geographic_Informa3
Segment and Geographic Information - Net Sales by Geographic Region (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Brazil [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 105 | 100 | 311 | 299 | 389 | 438 | 414 |
Canada [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 17 | 19 | 53 | 55 | 72 | 72 | 75 |
Poland [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 43 | 36 | 119 | 108 | 146 | 147 | 140 |
Other Countries [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 48 | 36 | 120 | 90 | 122 | 93 | 61 |
Total Other Countries [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 213 | 191 | 603 | 552 | ' | ' | ' |
United States [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $188 | $184 | $567 | $560 | $724 | $728 | $669 |
Segment_and_Geographic_Informa4
Segment and Geographic Information - Geographic Data for Long Lived Assets (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | $253 | $246 | $258 |
Brazil [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 12 | 14 | 14 |
China [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 18 | 17 | 14 |
Poland [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 28 | 29 | 26 |
Other Countries [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 13 | 9 | 10 |
Total Other Countries [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | 71 | 69 | ' |
United States [Member] | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' |
Geographic data for long-lived assets | $182 | $177 | $193 |
Segment_and_Geographic_Informa5
Segment and Geographic Information - Company's Sales by Group of Similar Products (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | ||||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Sep. 30, 2012 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | $401 | $375 | $1,170 | $1,112 | $1,453 | $1,478 | $1,359 |
Filtration products [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 234 | 212 | 678 | 632 | 831 | 801 | 759 |
Chassis products [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 50 | 50 | 147 | 153 | 194 | 213 | 169 |
Affinia South America Products [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | 117 | 113 | 345 | 328 | 430 | 469 | 439 |
Corporate, eliminations and other [Member] | ' | ' | ' | ' | ' | ' | ' |
Segment Reporting Information [Line Items] | ' | ' | ' | ' | ' | ' | ' |
Net sales | ' | ' | ' | ($1) | ($2) | ($5) | ($8) |
Stock_Incentive_Plan_Schedule_3
Stock Incentive Plan - Schedule of Restricted Stock Units (Detail) | 9 Months Ended |
Sep. 30, 2013 | |
Disclosure Of Compensation Related Costs Sharebased Payments [Abstract] | ' |
Beginning Balance | 242,000 |
Granted | 55,170 |
Forfeited/expired | -35,611 |
Ending Balance | 261,559 |
Changes_in_Accumulated_Other_C2
Changes in Accumulated Other Comprehensive Income (Loss) - Components of Changes in Accumulated Other Comprehensive Income (Loss), Net of Tax (Detail) (USD $) | 3 Months Ended | 9 Months Ended | 12 Months Ended | |||
In Millions, unless otherwise specified | Sep. 30, 2013 | Sep. 30, 2012 | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning balance | ($20) | ' | ($9) | $6 | ' | ' |
Other comprehensive income (loss) before reclassifications | ' | ' | -11 | ' | ' | ' |
Amounts reclassified from accumulated other comprehensive income | 1 | ' | 1 | ' | ' | ' |
Net current period other comprehensive income (loss) | 1 | 11 | -10 | -15 | -33 | 1 |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending balance | -19 | ' | -19 | -9 | 6 | ' |
Pension adjustments [Member] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning balance | -2 | ' | -2 | ' | ' | ' |
Other comprehensive income (loss) before reclassifications | ' | ' | ' | ' | ' | ' |
Amounts reclassified from accumulated other comprehensive income | ' | ' | ' | ' | ' | ' |
Net current period other comprehensive income (loss) | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending balance | -2 | ' | -2 | ' | ' | ' |
Foreign currency translation adjustment [Member] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning balance | -24 | ' | -7 | ' | ' | ' |
Other comprehensive income (loss) before reclassifications | 2 | ' | -15 | ' | ' | ' |
Amounts reclassified from accumulated other comprehensive income | ' | ' | ' | ' | ' | ' |
Net current period other comprehensive income (loss) | 2 | ' | -15 | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending balance | -22 | ' | -22 | ' | ' | ' |
Interest rate swap [Member] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss) [Line Items] | ' | ' | ' | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Beginning balance | 6 | ' | ' | ' | ' | ' |
Other comprehensive income (loss) before reclassifications | -2 | ' | 4 | ' | ' | ' |
Amounts reclassified from accumulated other comprehensive income | 1 | ' | 1 | ' | ' | ' |
Net current period other comprehensive income (loss) | -1 | ' | 5 | ' | ' | ' |
Accumulated Other Comprehensive Income (Loss), Net of Tax, Ending balance | $5 | ' | $5 | ' | ' | ' |
Schedule_II_Valuation_and_Qual
Schedule II - Valuation and Qualifying Accounts (Detail) (Allowance for doubtful accounts [Member], USD $) | 12 Months Ended | ||
In Millions, unless otherwise specified | Dec. 31, 2012 | Dec. 31, 2011 | Dec. 31, 2010 |
Allowance for doubtful accounts [Member] | ' | ' | ' |
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Beginning balance | $1 | $2 | $3 |
Amounts charged to income | 2 | 1 | ' |
Trade accounts receivable "written off" net of recoveries | -1 | ' | ' |
Adjustments arising from change in currency exchange rates and other items | 1 | -2 | -1 |
Ending balance | $3 | $1 | $2 |
Schedule_II_Valuation_and_Qual1
Schedule II - Valuation and Qualifying Accounts (Parenthetical) (Detail) (USD $) | Sep. 30, 2013 | Dec. 31, 2012 | Dec. 31, 2011 |
In Millions, unless otherwise specified | |||
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Allowance for doubtful accounts | $4 | $3 | $1 |
Allowance for doubtful accounts [Member] | Brake North America and Asia group [Member] | ' | ' | ' |
Valuation and Qualifying Accounts Disclosure [Line Items] | ' | ' | ' |
Allowance for doubtful accounts | ' | $1 | ' |