Intangible Assets and Goodwill

12 Months Ended

Dec. 31, 2017

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, 2017 and 2016. See Note 20. Acquisitions and Divestitures for a further description of the goodwill and intangible assets resulting from Aptiv's acquisitions in 2017 and 2016.



		As of December 31, 2017						As of December 31, 2016
	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	7-15	$	639	$	324	$	315	$	602	$	255	$	347
Customer relationships	5-14	798		219		579		730		126		604
Trade names	5-25	68		25		43		56		19		37
Total		1,505		568		937		1,388		400		988
Unamortized intangible assets:
In-process research and development	—	147		—		147		34		—		34
Trade names	—	135		—		135		126		—		126
Goodwill	—	1,944		—		1,944		1,502		—		1,502
Total		$	3,731	$	568	$	3,163	$	3,050	$	400	$	2,650

Estimated amortization expense for the years ending December 31, 2018 through 2022 is presented below:



	Year Ending December 31,
	2018		2019		2020		2021		2022
	(in millions)
Estimated amortization expense	$	117	$	110	$	110	$	109	$	102

A roll-forward of the gross carrying amounts of intangible assets for the years ended December 31, 2017 and 2016 is presented below.



	2017		2016
	(in millions)
Balance at January 1	$	3,050	$	3,085
Acquisitions (1)	398		25
Foreign currency translation and other	283		(60		)
Balance at December 31	$	3,731	$	3,050


(1)	Primarily attributable to the 2017 acquisitions of Movimento Group and nuTonomy, Inc., and the 2016 acquisition of PureDepth, Inc, as further described in Note 20. Acquisitions and Divestitures.

A roll-forward of the accumulated amortization for the years ended December 31, 2017 and 2016 is presented below:



	2017		2016
	(in millions)
Balance at January 1	$	400	$	283
Amortization	117		117
Foreign currency translation and other	51		—
Balance at December 31	$	568	$	400

A roll-forward of the carrying amount of goodwill, by operating segment, for the years ended December 31, 2017 and 2016 is presented below:



	Signal and Power Solutions			Advanced Safety and User Experience			Total
	(in millions)
Balance at January 1, 2016	$	1,458		$	73		$	1,531
Acquisitions (1)	10			5			15
Foreign currency translation and other	(44		)	—			(44		)
Balance at December 31, 2016	$	1,424		$	78		$	1,502
Acquisitions (2)	$	—		$	274		$	274
Foreign currency translation and other	170			(2		)	168
Balance at December 31, 2017	$	1,594		$	350		$	1,944


(1)	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.


(2)	Primarily attributable to the acquisitions of nuTonomy, Inc. and Movimento Group, 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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