Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2016

Goodwill and Intangible Assets Disclosure [Abstract]

Goodwill and Intangible Assets Disclosure

INTANGIBLE ASSETS AND GOODWILL

The changes in the carrying amount of intangible assets and goodwill were as follows as of December 31, 2016 and 2015. See Note 20. Acquisitions and Divestitures for a further description of the goodwill and intangible assets resulting from Delphi's acquisitions in 2016 and 2015.



		As of December 31, 2016						As of December 31, 2015
	Estimated Useful Lives	Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount		Gross Carrying Amount		Accumulated Amortization		Net Carrying Amount
	(Years)	(in millions)						(in millions)
Amortized intangible assets:
Patents and developed technology	6-15	$	740	$	344	$	396	$	745	$	279	$	466
Customer relationships	4-14	846		230		616		861		171		690
Trade names	5-20	104		36		68		105		30		75
Total		1,690		610		1,080		1,711		480		1,231
Unamortized intangible assets:
In-process research and development	—	34		—		34		24		—		24
Trade names	—	126		—		126		128		—		128
Goodwill	—	1,508		—		1,508		1,539		—		1,539
Total		$	3,358	$	610	$	2,748	$	3,402	$	480	$	2,922

Estimated amortization expense for the years ending December 31, 2017, 2018, 2019, 2020 and 2021 is presented below:



	Year Ending December 31,
	2017		2018		2019		2020		2021
	(in millions)
Estimated amortization expense	$	134	$	129	$	117	$	114	$	110

A roll-forward of the gross carrying amounts of intangible assets for the years ended December 31, 2016 and 2015 is presented below.



	2016			2015
	(in millions)
Balance at January 1	$	3,402		$	1,782
Acquisitions (1)	25			1,701
Foreign currency translation and other	(69		)	(81		)
Balance at December 31	$	3,358		$	3,402


(1)	Primarily attributable to the 2016 acquisition of PureDepth, Inc., and the 2015 acquisitions of HellermannTyton Group PLC, Control-Tec LLC and Ottomatika, Inc., as further described in Note 20. Acquisitions and Divestitures.

A roll-forward of the accumulated amortization for the years ended December 31, 2016 and 2015 is presented below:



	2016			2015
	(in millions)
Balance at January 1	$	480		$	398
Amortization	134			93
Foreign currency translation and other	(4		)	(11		)
Balance at December 31	$	610		$	480

A roll-forward of the carrying amount of goodwill, by operating segment, for the years ended December 31, 2016 and 2015 is presented below:



	Electrical/Electronic Architecture			Powertrain Systems			Electronics and Safety		Total
	(in millions)
Balance at January 1, 2015	$	648		$	8		$	—	$	656
Acquisitions (1)	856			—			73		929
Foreign currency translation and other	(46		)	—			—		(46		)
Balance at December 31, 2015	$	1,458		$	8		$	73	$	1,539
Acquisitions (2)	$	10		$	—		$	5	$	15
Foreign currency translation and other	(44		)	(2		)	—		(46		)
Balance at December 31, 2016	$	1,424		$	6		$	78	$	1,508


(1)	Primarily attributable to the acquisitions of HellermannTyton Group PLC, Control-Tec LLC and Ottomatika, Inc., as further described in Note 20. Acquisitions and Divestitures.


(2)	Primarily attributable to measurement period adjustments related to the 2015 acquisition of HellermannTyton Group PLC and the acquisition of PureDepth Inc., as further described in Note 20. Acquisitions and Divestitures.

- Definition

The entire disclosure for the aggregate amount of goodwill and a description of intangible assets, which may include (a) for amortizable intangible assets (also referred to as finite-lived intangible assets), the carrying amount, the amount of any significant residual value, and the weighted-average amortization period, (b) for intangible assets not subject to amortization (also referred to as indefinite-lived intangible assets), the carrying amount, and (c) the amount of research and development assets acquired and written off in the period, including the line item in the income statement in which the amounts written off are aggregated, if not readily apparent from the income statement. Also discloses (a) for amortizable intangibles assets in total and by major class, the gross carrying amount and accumulated amortization, the total amortization expense for the period, and the estimated aggregate amortization expense for each of the five succeeding fiscal years, (b) for intangible assets not subject to amortization the carrying amount in total and by major class, and (c) for goodwill, in total and for each reportable segment, the changes in the carrying amount of goodwill during the period (including the aggregate amount of goodwill acquired, the aggregate amount of impairment losses recognized, and the amount of goodwill included in the gain (loss) on disposal of a reporting unit). If any part of goodwill has not been allocated to a reportable segment, discloses the unallocated amount and the reasons for not allocating. For each impairment loss recognized related to an intangible asset (excluding goodwill), discloses: (a) a description of the impaired intangible asset and the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method for determining fair value, (c) the caption in the income statement or the statement of activities in which the impairment loss is aggregated, and (d) the segment in which the impaired intangible asset is reported. For each goodwill impairment loss recognized, discloses: (a) a description of the facts and circumstances leading to the impairment, (b) the amount of the impairment loss and the method of determining the fair value of the associated reporting unit, and (c) if a recognized impairment loss is an estimate not finalized and the reasons why the estimate is not final. May also disclose the nature and amount of any significant adjustments made to a previous estimate of an impairment loss.

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