Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements

12 Months Ended

Dec. 31, 2016

Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements [Abstract]

Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements

SUPPLEMENTAL GUARANTOR AND NON-GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS

Basis of Presentation

Notes Issued by the Subsidiary Issuer

As described in Note 11. Debt, Delphi Corporation (the "Subsidiary Issuer/Guarantor"), a 100% owned subsidiary of Delphi Automotive PLC (the "Parent"), issued the 2011 Senior Notes, the 2013 Senior Notes and the 2014 Senior Notes, each of which were registered under the Securities Act, and is the borrower of obligations under the Credit Agreement. The 2011 Senior Notes were subsequently redeemed and extinguished in March 2014 and March 2015, and the 2013 Senior Notes were subsequently redeemed and extinguished in September 2016. The 2014 Senior Notes and obligations under the Credit Agreement are, and prior to their redemption, the 2011 Senior Notes and 2013 Senior Notes were, fully and unconditionally guaranteed by Delphi Automotive PLC and certain of Delphi Automotive PLC's direct and indirect subsidiary companies, which are directly or indirectly 100% owned by Delphi Automotive PLC (the “Subsidiary Guarantors”), on a joint and several basis, subject to customary release provisions (other than in the case of Delphi Automotive PLC). All other consolidated direct and indirect subsidiaries of Delphi Automotive PLC are not subject to the guarantees (“Non-Guarantor Subsidiaries”).

Notes Issued by the Parent

As described in Note 11. Debt, Delphi Automotive PLC issued the 2015 Senior Notes, the 2015 Euro-denominated Senior Notes, the 2016 Euro-denominated Senior Notes and the 2016 Senior Notes, each of which were registered under the Securities Act. Each series of these senior notes are fully and unconditionally guaranteed on a joint and several basis, subject to customary release provisions, by certain of Delphi Automotive PLC's direct and indirect subsidiary companies (the “Subsidiary Guarantors”), and Delphi Corporation, each of which are directly or indirectly 100% owned by Delphi Automotive PLC. All other consolidated direct and indirect subsidiaries of Delphi Automotive PLC are not subject to the guarantees (“Non-Guarantor Subsidiaries”).

In lieu of providing separate audited financial statements for the Guarantors, the Company has included the accompanying condensed consolidating financial statements. These condensed consolidating financial statements are presented on the equity method. Under this method, the investments in subsidiaries are recorded at cost and adjusted for the parent’s share of the subsidiary’s cumulative results of operations, capital contributions and distributions and other equity changes. The Non-Guarantor Subsidiaries are combined in the condensed consolidating financial statements. The principal elimination entries are to eliminate the investments in subsidiaries and intercompany balances and transactions.

The historical presentation of the supplemental guarantor condensed consolidating balance sheet as of December 31, 2015 has been revised to be consistent with the presentation of the entities that comprise the structure of the Subsidiary Guarantors and the Subsidiary Issuer/Guarantor as of December 31, 2016.

Statement of Operations Year Ended December 31, 2016

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	16,661		$	—		$	16,661
Operating expenses:
Cost of sales	—			—			—			13,107			—			13,107
Selling, general and administrative	87			—			—			1,058			—			1,145
Amortization	—			—			—			134			—			134
Restructuring	—			—			—			328			—			328
Total operating expenses	87			—			—			14,627			—			14,714
Operating (loss) income	(87		)	—			—			2,034			—			1,947
Interest (expense) income	(208		)	(23		)	(202		)	(68		)	345			(156		)
Other (expense) income, net	(5		)	(163		)	(11		)	158			(345		)	(366		)
(Loss) income from continuing operations before income taxes and equity income	(300		)	(186		)	(213		)	2,124			—			1,425
Income tax benefit (expense)	60			—			78			(380		)	—			(242		)
(Loss) income from continuing operations before equity income	(240		)	(186		)	(135		)	1,744			—			1,183
Equity in net income of affiliates	—			—			—			35			—			35
Equity in net income (loss) of subsidiaries	1,497			1,621			406			—			(3,524		)	—
Income (loss) from continuing operations	1,257			1,435			271			1,779			(3,524		)	1,218
Income from discontinued operations, net of tax	—			—			—			108			—			108
Net income (loss)	1,257			1,435			271			1,887			(3,524		)	1,326
Net income attributable to noncontrolling interest	—			—			—			69			—			69
Net income (loss) attributable to Delphi	$	1,257		$	1,435		$	271		$	1,818		$	(3,524	)	$	1,257

Statement of Operations Year Ended December 31, 2015

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	15,165		$	—		$	15,165
Operating expenses:
Cost of sales	—			—			(6		)	12,161			—			12,155
Selling, general and administrative	32			—			—			985			—			1,017
Amortization	—			—			—			93			—			93
Restructuring	—			—			—			177			—			177
Total operating expenses	32			—			(6		)	13,416			—			13,442
Operating (loss) income	(32		)	—			6			1,749			—			1,723
Interest (expense) income	(105		)	(30		)	(180		)	(90		)	278			(127		)
Other (expense) income, net	(20		)	89			18			103			(278		)	(88		)
(Loss) income from continuing operations before income taxes and equity income	(157		)	59			(156		)	1,762			—			1,508
Income tax benefit (expense)	—			—			57			(320		)	—			(263		)
(Loss) income from continuing operations before equity income	(157		)	59			(99		)	1,442			—			1,245
Equity in net income of affiliates	—			—			—			16			—			16
Equity in net income (loss) of subsidiaries	1,607			1,548			508			—			(3,663		)	—
Income (loss) from continuing operations	1,450			1,607			409			1,458			(3,663		)	1,261
Income from discontinued operations, net of tax	—			—			—			274			—			274
Net income (loss)	1,450			1,607			409			1,732			(3,663		)	1,535
Net income attributable to noncontrolling interest	—			—			—			85			—			85
Net income (loss) attributable to Delphi	$	1,450		$	1,607		$	409		$	1,647		$	(3,663	)	$	1,450

Statement of Operations Year Ended December 31, 2014

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	15,499		$	—		$	15,499
Operating expenses:
Cost of sales	—			—			—			12,471			—			12,471
Selling, general and administrative	51			—			—			985			—			1,036
Amortization	—			—			—			94			—			94
Restructuring	—			—			—			140			—			140
Total operating expenses	51			—			—			13,690			—			13,741
Operating (loss) income	(51		)	—			—			1,809			—			1,758
Interest (expense) income	(24		)	(33		)	(188		)	(74		)	184			(135		)
Other income (expense), net	6			68			25			78			(185		)	(8		)
(Loss) income from continuing operations before income taxes and equity income	(69		)	35			(163		)	1,813			(1		)	1,615
Income tax benefit (expense)	—			—			60			(315		)	—			(255		)
(Loss) income from continuing operations before equity income	(69		)	35			(103		)	1,498			(1		)	1,360
Equity in net income of affiliates	—			—			—			20			—			20
Equity in net income (loss) of subsidiaries	1,420			1,385			315			—			(3,120		)	—
Income (loss) from continuing operations	1,351			1,420			212			1,518			(3,121		)	1,380
Income from discontinued operations, net of tax	—			—			—			60			—			60
Net income (loss)	1,351			1,420			212			1,578			(3,121		)	1,440
Net income attributable to noncontrolling interest	—			—			—			89			—			89
Net income (loss) attributable to Delphi	$	1,351		$	1,420		$	212		$	1,489		$	(3,121	)	$	1,351

Statement of Comprehensive Income Year Ended December 31, 2016

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,257		$	1,435		$	271	$	1,887		$	(3,524	)	$	1,326
Other comprehensive income (loss):
Currency translation adjustments	65			—			—		(212		)	—			(147		)
Net change in unrecognized gain (loss) on derivative instruments, net of tax	—			—			—		95			—			95
Employee benefit plans adjustment, net of tax	—			—			—		(139		)	—			(139		)
Other comprehensive income (loss)	65			—			—		(256		)	—			(191		)
Equity in other comprehensive (loss) income of subsidiaries	(247		)	(371		)	2		—			616			—
Comprehensive income (loss)	1,075			1,064			273		1,631			(2,908		)	1,135
Comprehensive income attributable to noncontrolling interests	—			—			—		60			—			60
Comprehensive income (loss) attributable to Delphi	$	1,075		$	1,064		$	273	$	1,571		$	(2,908	)	$	1,075

Statement of Comprehensive Income Year Ended December 31, 2015

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,450		$	1,607		$	409		$	1,732		$	(3,663	)	$	1,535
Other comprehensive income (loss):
Currency translation adjustments	(5		)	—			—			(339		)	—			(344		)
Net change in unrecognized gain (loss) on derivative instruments, net of tax	—			—			—			(28		)	—			(28		)
Employee benefit plans adjustment, net of tax	—			—			—			64			—			64
Other comprehensive loss	(5		)	—			—			(303		)	—			(308		)
Equity in other comprehensive (loss) income of subsidiaries	(287		)	(449		)	(9		)	—			745			—
Comprehensive income (loss)	1,158			1,158			400			1,429			(2,918		)	1,227
Comprehensive income attributable to noncontrolling interests	—			—			—			69			—			69
Comprehensive income (loss) attributable to Delphi	$	1,158		$	1,158		$	400		$	1,360		$	(2,918	)	$	1,158

Statement of Comprehensive Income Year Ended December 31, 2014

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,351		$	1,420		$	212		$	1,578		$	(3,121	)	$	1,440
Other comprehensive income (loss):
Currency translation adjustments	—			—			—			(325		)	—			(325		)
Net change in unrecognized gain (loss) on derivative instruments, net of tax	—			—			—			(80		)	—			(80		)
Employee benefit plans adjustment, net of tax	—			—			—			(108		)	—			(108		)
Other comprehensive loss	—			—			—			(513		)	—			(513		)
Equity in other comprehensive (loss) income of subsidiaries	(504		)	(573		)	(50		)	—			1,127			—
Comprehensive income (loss)	847			847			162			1,065			(1,994		)	927
Comprehensive income attributable to noncontrolling interests	—			—			—			80			—			80
Comprehensive income (loss) attributable to Delphi	$	847		$	847		$	162		$	985		$	(1,994	)	$	847

Balance Sheet as of December 31, 2016

	Parent		Subsidiary Guarantors		Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	2	$	—	$	—	$	836	$	—		$	838
Restricted cash	—		—		—		1		—			1
Accounts receivable, net	—		—		—		2,938		—			2,938
Intercompany receivables, current	47		1,843		436		5,285		(7,611		)	—
Inventories	—		—		—		1,232		—			1,232
Other current assets	—		—		—		410		—			410
Total current assets	49		1,843		436		10,702		(7,611		)	5,419
Long-term assets:
Intercompany receivables, long-term	—		1,070		768		1,767		(3,605		)	—
Property, net	—		—		—		3,515		—			3,515
Investments in affiliates	—		—		—		101		—			101
Investments in subsidiaries	10,833		8,722		3,090		—		(22,645		)	—
Intangible assets, net	—		—		—		2,748		—			2,748
Other long-term assets	60		—		10		439		—			509
Total long-term assets	10,893		9,792		3,868		8,570		(26,250		)	6,873
Total assets	$	10,942	$	11,635	$	4,304	$	19,272	$	(33,861	)	$	12,292
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—	$	—	$	3	$	9	$	—		$	12
Accounts payable	3		—		—		2,560		—			2,563
Intercompany payables, current	5,504		68		974		1,065		(7,611		)	—
Accrued liabilities	31		300		30		1,212		—			1,573
Total current liabilities	5,538		368		1,007		4,846		(7,611		)	4,148
Long-term liabilities:
Long-term debt	2,837		—		1,090		32		—			3,959
Intercompany payables, long-term	166		1,317		1,296		826		(3,605		)	—
Pension benefit obligations	—		—		—		955		—			955
Other long-term liabilities	—		—		10		457		—			467
Total long-term liabilities	3,003		1,317		2,396		2,270		(3,605		)	5,381
Total liabilities	8,541		1,685		3,403		7,116		(11,216		)	9,529
Total Delphi shareholders’ equity	2,401		9,950		901		11,794		(22,645		)	2,401
Noncontrolling interest	—		—		—		362		—			362
Total shareholders’ equity	2,401		9,950		901		12,156		(22,645		)	2,763
Total liabilities and shareholders’ equity	$	10,942	$	11,635	$	4,304	$	19,272	$	(33,861	)	$	12,292

Balance Sheet as of December 31, 2015

	Parent		Subsidiary Guarantors		Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	4	$	—	$	—	$	531	$	—		$	535
Restricted cash	—		—		—		1		—			1
Accounts receivable, net	—		—		—		2,750		—			2,750
Intercompany receivables, current	101		1,148		387		4,852		(6,488		)	—
Inventories	—		—		—		1,181		—			1,181
Other current assets	—		—		—		431		—			431
Current assets held for sale	—		—		—		223		—			223
Total current assets	105		1,148		387		9,969		(6,488		)	5,121
Long-term assets:
Intercompany receivables, long-term	—		775		1,007		1,743		(3,525		)	—
Property, net	—		—		—		3,377		—			3,377
Investments in affiliates	—		—		—		94		—			94
Investments in subsidiaries	8,916		8,028		3,118		—		(20,062		)	—
Intangible assets, net	—		—		—		2,922		—			2,922
Other long-term assets	—		—		12		447		—			459
Total long-term assets	8,916		8,803		4,137		8,583		(23,587		)	6,852
Total assets	$	9,021	$	9,951	$	4,524	$	18,552	$	(30,075	)	$	11,973
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—	$	—	$	—	$	52	$	—		$	52
Accounts payable	2		—		—		2,539		—			2,541
Intercompany payables, current	4,543		555		905		480		(6,483		)	—
Accrued liabilities	17		—		24		1,163		—			1,204
Current liabilities held for sale	—		—		—		130		—			130
Total current liabilities	4,562		555		929		4,364		(6,483		)	3,927
Long-term liabilities:
Long-term debt	2,047		—		1,883		26		—			3,956
Intercompany payables, long-term	162		1,305		1,001		1,057		(3,525		)	—
Pension benefit obligations	—		—		—		854		—			854
Other long-term liabilities	—		—		27		476		—			503
Total long-term liabilities	2,209		1,305		2,911		2,413		(3,525		)	5,313
Total liabilities	6,771		1,860		3,840		6,777		(10,008		)	9,240
Total Delphi shareholders’ equity	2,250		8,091		684		11,292		(20,067		)	2,250
Noncontrolling interest	—		—		—		483		—			483
Total shareholders’ equity	2,250		8,091		684		11,775		(20,067		)	2,733
Total liabilities and shareholders’ equity	$	9,021	$	9,951	$	4,524	$	18,552	$	(30,075	)	$	11,973

Statement of Cash Flows for the Year Ended December 31, 2016

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash (used in) provided by operating activities from continuing operations	$	(141	)	$	125		$	—		$	1,957		$	—		$	1,941
Net cash provided by operating activities from discontinued operations	—			—			—			—			—			—
Net cash (used in) provided by operating activities	(141		)	125			—			1,957			—			1,941
Cash flows from investing activities:
Capital expenditures	—			—			—			(828		)	—			(828		)
Proceeds from sale of property / investments	—			—			—			28			—			28
Net proceeds from divestiture of discontinued operations	—			—			—			48			—			48
Proceeds from business divestitures	—			—			—			197			—			197
Cost of business acquisitions, net of cash acquired	—			—			(15		)	—			—			(15		)
Cost of technology investments	—			—			(3		)	—			—			(3		)
Settlement of derivatives	—			—			—			(1		)	—			(1		)
Loans to affiliates	—			(979		)	—			(1,346		)	2,325			—
Repayments of loans from affiliates	—			—			—			353			(353		)	—
Investments in subsidiaries	(854		)	—			(350		)	—			1,204			—
Net cash (used in) provided by investing activities from continuing operations	(854		)	(979		)	(368		)	(1,549		)	3,176			(574		)
Net cash used in investing activities from discontinued operations	—			—			—			(4		)	—			(4		)
Net cash (used in) provided by investing activities	(854		)	(979		)	(368		)	(1,553		)	3,176			(578		)
Cash flows from financing activities:
Net repayments under other short-term debt agreements	—			—			—			(34		)	—			(34		)
Repayment of senior notes	—			—			(862		)	—			—			(862		)
Proceeds from issuance of senior notes, net of issuance costs	852			—			—			—			—			852
Contingent consideration and deferred acquisition purchase price payments	—			—			—			(4		)	—			(4		)
Dividend payments of consolidated affiliates to minority shareholders	—			—			—			(42		)	—			(42		)
Proceeds from borrowings from affiliates	1,095			—			1,230			—			(2,325		)	—
Payments on borrowings from affiliates	(353		)	—			—			—			353			—
Investment from parent	350			854			—			—			(1,204		)	—
Repurchase of ordinary shares	(634		)	—			—			—			—			(634		)
Distribution of cash dividends	(317		)	—			—			—			—			(317		)
Taxes withheld and paid on employees' restricted share awards	—			—			—			(40		)	—			(40		)
Net cash provided by (used in) financing activities	993			854			368			(120		)	(3,176		)	(1,081		)
Effect of exchange rate fluctuations on cash and cash equivalents	—			—			—			(23		)	—			(23		)
Decrease (increase) in cash and cash equivalents	(2		)	—			—			261			—			259
Cash and cash equivalents at beginning of year	4			—			—			575			—			579
Cash and cash equivalents at end of year	$	2		$	—		$	—		$	836		$	—		$	838
Cash and cash equivalents of discontinued operations	$	—		$	—		$	—		$	—		$	—		$	—
Cash and cash equivalents of continuing operations	$	2		$	—		$	—		$	836		$	—		$	838

Statement of Cash Flows for the Year Ended December 31, 2015

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash (used in) provided by operating activities from continuing operations	$	(53	)	$	171		$	—		$	1,649		$	(100	)	$	1,667
Net cash provided by operating activities from discontinued operations	—			—			—			36			—			36
Net cash (used in) provided by operating activities	(53		)	171			—			1,685			(100		)	1,703
Cash flows from investing activities:
Capital expenditures	—			—			—			(704		)	—			(704		)
Proceeds from sale of property / investments	—			—			—			10			—			10
Net proceeds from divestiture of discontinued operations	—			—			—			730			—			730
Proceeds from business divestitures, net of payments of $14 in 2015	—			—			(7		)	18			—			11
Cost of business acquisitions, net of cash acquired	(1,606		)	—			(104		)	56			—			(1,654		)
Cost of technology investments	—			—			—			(23		)	—			(23		)
Loans to affiliates	—			(925		)	(342		)	(3,221		)	4,488			—
Repayments of loans from affiliates	—			—			135			1,333			(1,468		)	—
Investments in subsidiaries	(753		)	—			—			—			753			—
Net cash (used in) provided by investing activities from continuing operations	(2,359		)	(925		)	(318		)	(1,801		)	3,773			(1,630		)
Net cash used in investing activities from discontinued operations	—			—			—			(69		)	—			(69		)
Net cash (used in) provided by investing activities	(2,359		)	(925		)	(318		)	(1,870		)	3,773			(1,699		)
Cash flows from financing activities:
Net repayments under other short-term debt agreements	—			—			—			(214		)	—			(214		)
Repayment of senior notes	—			—			(546		)	—			—			(546		)
Proceeds from issuance of senior notes, net of issuance costs	2,043			—			—			—			—			2,043
Dividend payments of consolidated affiliates to minority shareholders	—			—			—			(63		)	—			(63		)
Proceeds from borrowings from affiliates	3,277			—			964			247			(4,488		)	—
Payments on borrowings from affiliates	(1,468		)	—			—			—			1,468			—
Investment from parent	—			753			—			—			(753		)	—
Dividends paid to affiliates	—			—			(100		)	—			100			—
Repurchase of ordinary shares	(1,159		)	—			—			—			—			(1,159		)
Distribution of cash dividends	(286		)	—			—			—			—			(286		)
Taxes withheld and paid on employees' restricted share awards	—			—			—			(59		)	—			(59		)
Net cash provided by (used in) financing activities	2,407			753			318			(89		)	(3,673		)	(284		)
Effect of exchange rate fluctuations on cash and cash equivalents	—			—			—			(45		)	—			(45		)
Decrease in cash and cash equivalents	(5		)	(1		)	—			(319		)	—			(325		)
Cash and cash equivalents at beginning of year	9			1			—			894			—			904
Cash and cash equivalents at end of year	$	4		$	—		$	—		$	575		$	—		$	579
Cash and cash equivalents of discontinued operations	$	—		$	—		$	—		$	44		$	—		$	44
Cash and cash equivalents of continuing operations	$	4		$	—		$	—		$	531		$	—		$	535

Statement of Cash Flows for the Year Ended December 31, 2014

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash provided by operating activities from continuing operations	$	32		$	61		$	—		$	1,952		$	—		$	2,045
Net cash provided by operating activities from discontinued operations	—			—			—			90			—			90
Net cash provided by operating activities	32			61			—			2,042			—			2,135
Cash flows from investing activities:
Capital expenditures	—			—			—			(779		)	—			(779		)
Proceeds from sale of property / investments	—			—			—			15			—			15
Cost of business acquisitions, net of cash acquired	—			—			(345		)	—			—			(345		)
Cost of technology investments	—			—			—			(5		)	—			(5		)
Decrease in restricted cash	—			—			—			2			—			2
Loans to affiliates	—			(60		)	(1,075		)	(1,494		)	2,629			—
Repayments of loans from affiliates	—			—			165			304			(469		)	—
Return of investments in subsidiaries	—			—			389			—			(389		)	—
Net cash (used in) provided by investing activities from continuing operations	—			(60		)	(866		)	(1,957		)	1,771			(1,112		)
Net cash used in investing activities from discontinued operations	—			—			—			(74		)	—			(74		)
Net cash used in investing activities	—			(60		)	(866		)	(2,031		)	1,771			(1,186		)
Cash flows from financing activities:
Net proceeds from other short-term debt agreements	—			—			—			7			—			7
Repayments under long-term debt agreements	—			—			(164		)	—			—			(164		)
Repayment of senior notes	—			—			(526		)	—			—			(526		)
Proceeds from issuance of senior notes, net of issuance costs	—			—			691			—			—			691
Dividend payments of consolidated affiliates to minority shareholders	—			—			—			(73		)	—			(73		)
Proceeds from borrowings from affiliates	1,510			144			975			—			(2,629		)	—
Payments on borrowings from affiliates	(215		)	(144		)	(110		)	—			469			—
Capital distributions to affiliates	—			—			—			(389		)	389			—
Repurchase of ordinary shares	(1,024		)	—			—			—			—			(1,024		)
Distribution of cash dividends	(301		)	—			—			—			—			(301		)
Taxes withheld and paid on employees' restricted share awards	—			—			—			(8		)	—			(8		)
Net cash (used in) provided by financing activities	(30		)	—			866			(463		)	(1,771		)	(1,398		)
Effect of exchange rate fluctuations on cash and cash equivalents	—			—			—			(36		)	—			(36		)
Increase (decrease) in cash and cash equivalents	2			1			—			(488		)	—			(485		)
Cash and cash equivalents at beginning of year	7			—			—			1,382			—			1,389
Cash and cash equivalents at end of year	$	9		$	1		$	—		$	894		$	—		$	904
Cash and cash equivalents of discontinued operations	$	—		$	—		$	—		$	45		$	—		$	45
Cash and cash equivalents of continuing operations	$	9		$	1		$	—		$	849		$	—		$	859