Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2016

Fair Value Disclosures [Abstract]

Fair Value, Assets Measured on Recurring Basis

As of December 31, 2016 and December 31, 2015, Delphi had the following assets measured at fair value on a recurring basis:

	Total		Quoted Prices in Active Markets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3
	(in millions)
As of December 31, 2016
Commodity derivatives	$	11	$	—	$	11	$	—
Foreign currency derivatives	8		—		8		—
Total	$	19	$	—	$	19	$	—
As of December 31, 2015
Commodity derivatives	$	—	$	—	$	—	$	—
Foreign currency derivatives	—		—		—		—
Total	$	—	$	—	$	—	$	—

Fair Value, Liabilities Measured on Recurring Basis

As of December 31, 2016 and December 31, 2015, Delphi had the following liabilities measured at fair value on a recurring basis:

	Total		Quoted Prices in Active Markets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3
	(in millions)
As of December 31, 2016
Commodity derivatives	$	—	$	—	$	—	$	—
Foreign currency derivatives	56		—		56		—
Contingent consideration	35		—		—		35
Total	$	91	$	—	$	56	$	35
As of December 31, 2015
Commodity derivatives	$	51	$	—	$	51	$	—
Foreign currency derivatives	78		—		78		—
Contingent consideration	32		—		—		32
Total	$	161	$	—	$	129	$	32

Changes in Fair Value of Liabilities Measured on Recurring Basis with Unobservable Inputs

The changes in the contingent consideration liability classified as a Level 3 measurement were as follows:

	Year Ended December 31,
	2016			2015
	(in millions)
Fair value at beginning of year	$	32		$	11
Additions	—			25
Payments	(2		)	—
Interest accretion	2			3
Measurement adjustments	3			(7		)
Fair value at end of year	$	35		$	32