Dana Holding Corporation Consolidated Statement of Operations (In millions except per share amounts) The accompanying notes are an integral part of the consolidated financial statements. 2014 2013 2012 Net sales $ 6,617 $ 6,769 $ 7,224 Costs and expenses Cost of sales 5,672 5,849 6,250 Selling, general and administrative expenses 411 410 424 Amortization of intangibles 42 74 74 Restructuring charges, net 21 24 47 Loss on disposal group held for sale (80) Pension settlement charges (42) Loss on extinguishment of debt (19) Other income, net 48 55 19 Income from continuing operations before interest expense and income taxes 378 467 448 Interest expense 118 99 84 Income from continuing operations before income taxes 260 368 364 Income tax expense (benefit) (70) 119 51 Equity in earnings of affiliates 13 12 2 Income from continuing operations 343 261 315 Loss from discontinued operations (15) (1) — Net income 328 260 315 Less: Noncontrolling interests net income 9 16 15 Net income attributable to the parent company 319 244 300 Preferred stock dividend requirements 7 25 31 Preferred stock redemption premium 232 Net income (loss) available to common stockholders $ 312 $ (13) $ 269 Net income (loss) per share available to parent company common stockholders: Basic: Income (loss) from continuing operations $ 2.07 $ (0.08) $ 1.82 Loss from discontinued operations $ (0.10) $ (0.01) $ — Net income (loss) $ 1.97 $ (0.09) $ 1.82 Diluted: Income (loss) from continuing operations $ 1.93 $ (0.08) $ 1.40 Loss from discontinued operations $ (0.09) $ (0.01) $ — Net income (loss) $ 1.84 $ (0.09) $ 1.40 Weighted-average common shares outstanding Basic 158.0 146.4 148.0 Diluted 173.5 146.4 214.7 Dividends declared per common share $ 0.20 $ 0.20 $ 0.20 39