Debt (Tables)

12 Months Ended

Dec. 31, 2016

Debt Disclosure [Abstract]

Schedule of Long-term Debt Instruments

The following is a summary of debt outstanding, net of unamortized issuance costs and discounts, as of December 31, 2016 and December 31, 2015, respectively:

	December 31,
	2016			2015
	(in millions)
3.15%, senior notes, due 2020 (net of $3 and $4 unamortized issuance costs and $1 and $1 discount, respectively)	$	646		$	645
5.00%, senior notes, due 2023 (net of $0 and $9 unamortized issuance costs, respectively)	—			791
4.15%, senior notes, due 2024 (net of $4 and $5 unamortized issuance costs and $2 and $2 discount, respectively)	694			693
1.50%, Euro-denominated senior notes, due 2025 (net of $4 and $5 unamortized issuance costs and $3 and $3 discount, respectively)	729			757
4.25%, senior notes, due 2026 (net of $4 and $4 unamortized issuance costs, respectively)	646			646
1.60%, Euro-denominated senior notes, due 2028 (net of $4 and $0 unamortized issuance costs and $1 and $0 discount, respectively)	521			—
4.40%, senior notes, due 2046 (net of $3 and $0 unamortized issuance costs and $2 and $0 discount, respectively)	295			—
Tranche A Term Loan, due 2021 (net of $2 and $1 unamortized issuance costs, respectively)	398			399
Capital leases and other	42			77
Total debt	3,971			4,008
Less: current portion	(12		)	(52		)
Long-term debt	$	3,959		$	3,956

Schedule of Maturities of Long-term Debt

The principal maturities of debt, at nominal value, follows:

	Debt and Capital Lease Obligations
	(in millions)
2017	$	12
2018	25
2019	29
2020	683
2021	333
Thereafter	2,922
Total	$	4,004

Schedule of Interest Rates

The Applicable Rates under the Credit Agreement on the specified dates are set forth below:

	December 31, 2016				December 31, 2015
	LIBOR plus		ABR plus		LIBOR plus		ABR plus
Revolving Credit Facility	1.10	%	0.10	%	1.00	%	0.00	%
Tranche A Term Loan	1.25	%	0.25	%	1.00	%	0.00	%

Schedule of Line of Credit Facilities

As of December 31, 2016, Delphi selected the one-month LIBOR interest rate option on the Tranche A Term Loan, and the rate effective as of December 31, 2016, as detailed in the table below, was based on the Company's current credit rating and the Applicable Rate for the Credit Agreement:

		Borrowings as of
		December 31, 2016		Rates effective as of
	Applicable Rate	(in millions)		December 31, 2016
Tranche A Term Loan	LIBOR plus 1.25%	$	400	2.00	%