Property, Net

12 Months Ended

Dec. 31, 2016

Property, Plant and Equipment, Net [Abstract]

Property, Plant and Equipment Disclosure

PROPERTY, NET

Property, net consisted of:

	Estimated Useful Lives	December 31,
		2016			2015
	(Years)	(in millions)
Land	—	$	120		$	156
Land and leasehold improvements	3-20	173			143
Buildings	40	656			652
Machinery, equipment and tooling	3-20	4,046			3,713
Furniture and office equipment	3-10	425			342
Construction in progress	—	353			315
Total		5,773			5,321
Less: accumulated depreciation		(2,258		)	(1,944		)
Total property, net		$	3,515		$	3,377

For the year ended December 31, 2016, Delphi recorded asset impairment charges of $30 million in cost of sales related to declines in the fair values of certain fixed assets, $25 million of which related to the initiation of a plant closure of a European manufacturing site within the Powertrain Systems segment, as further described in Note 10. Restructuring. For the year ended December 31, 2015, Delphi recorded asset impairment charges of $16 million in cost of sales related to declines in the fair values of certain fixed assets. For the year ended December 31, 2014, Delphi recorded asset impairment charges of $5 million in cost of sales and $2 million in selling, general and administrative expense related to declines in the fair values of certain fixed assets and capitalized software no longer being utilized.