Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements (Tables)

12 Months Ended

Dec. 31, 2016

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

Schedule of Condensed Income Statement

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

Schedule of Comprehensive Income (Loss)

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

Schedule of Condensed Balance Sheet

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

Schedule of Condensed Cash Flow Statement

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