Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements

12 Months Ended

Dec. 31, 2017

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 Aptiv PLC (the "Parent"), issued the 2013 Senior Notes and the 2014 Senior Notes, both of which were registered under the Securities Act, and is the borrower of obligations under the Credit Agreement. 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 2013 Senior Notes were, fully and unconditionally guaranteed by Aptiv PLC and certain of Aptiv PLC's direct and indirect subsidiary companies, which are directly or indirectly 100% owned by Aptiv PLC (the “Subsidiary Guarantors”), on a joint and several basis, subject to customary release provisions (other than in the case of Aptiv PLC). All other consolidated direct and indirect subsidiaries of Aptiv PLC are not subject to the guarantees (“Non-Guarantor Subsidiaries”).

Notes Issued by the Parent

As described in Note 11. Debt, Aptiv 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 Aptiv PLC's direct and indirect subsidiary companies (the “Subsidiary Guarantors”), and Delphi Corporation, each of which are directly or indirectly 100% owned by Aptiv PLC. All other consolidated direct and indirect subsidiaries of Aptiv 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.

Statement of Operations Year Ended December 31, 2017

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	12,884		$	—		$	12,884
Operating expenses:
Cost of sales	—			—			—			10,270			—			10,270
Selling, general and administrative	137			—			—			815			—			952
Amortization	—			—			—			117			—			117
Restructuring	—			—			—			129			—			129
Total operating expenses	137			—			—			11,331			—			11,468
Operating (loss) income	(137		)	—			—			1,553			—			1,416
Interest (expense) income	(255		)	(24		)	(174		)	(11		)	324			(140		)
Other (expense) income, net	—			144			13			146			(324		)	(21		)
(Loss) income from continuing operations before income taxes and equity income	(392		)	120			(161		)	1,688			—			1,255
Income tax benefit (expense)	—			—			59			(282		)	—			(223		)
(Loss) income from continuing operations before equity income	(392		)	120			(102		)	1,406			—			1,032
Equity in net income of affiliates	—			—			—			31			—			31
Equity in net income (loss) of subsidiaries	1,747			1,565			56			—			(3,368		)	—
Income (loss) from continuing operations	1,355			1,685			(46		)	1,437			(3,368		)	1,063
Income from discontinued operations, net of tax	—			—			—			365			—			365
Net income (loss)	1,355			1,685			(46		)	1,802			(3,368		)	1,428
Net income attributable to noncontrolling interest	—			—			—			73			—			73
Net income (loss) attributable to Aptiv	$	1,355		$	1,685		$	(46	)	$	1,729		$	(3,368	)	$	1,355

Statement of Operations Year Ended December 31, 2016

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	12,274		$	—		$	12,274
Operating expenses:
Cost of sales	—			—			—			9,527			—			9,527
Selling, general and administrative	87			—			—			837			—			924
Amortization	—			—			—			117			—			117
Restructuring	—			—			—			167			—			167
Total operating expenses	87			—			—			10,648			—			10,735
Operating (loss) income	(87		)	—			—			1,626			—			1,539
Interest (expense) income	(208		)	(23		)	(202		)	(67		)	345			(155		)
Other (expense) income, net	(5		)	(163		)	(11		)	140			(345		)	(384		)
(Loss) income from continuing operations before income taxes and equity income	(300		)	(186		)	(213		)	1,699			—			1,000
Income tax benefit (expense)	60			—			78			(305		)	—			(167		)
(Loss) income from continuing operations before equity income	(240		)	(186		)	(135		)	1,394			—			833
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			1,429			(3,524		)	868
Income from discontinued operations, net of tax	—			—			—			458			—			458
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 Aptiv	$	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	$	—		$	—		$	—		$	10,864		$	—		$	10,864
Operating expenses:
Cost of sales	—			—			(6		)	8,697			—			8,691
Selling, general and administrative	32			—			—			771			—			803
Amortization	—			—			—			70			—			70
Restructuring	—			—			—			65			—			65
Total operating expenses	32			—			(6		)	9,603			—			9,629
Operating (loss) income	(32		)	—			6			1,261			—			1,235
Interest (expense) income	(105		)	(30		)	(180		)	(87		)	278			(124		)
Other (expense) income, net	(20		)	89			18			77			(278		)	(114		)
(Loss) income from continuing operations before income taxes and equity income	(157		)	59			(156		)	1,251			—			997
Income tax benefit (expense)	—			—			57			(218		)	—			(161		)
(Loss) income from continuing operations before equity income	(157		)	59			(99		)	1,033			—			836
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			1,049			(3,663		)	852
Income from discontinued operations, net of tax	—			—			—			683			—			683
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 Aptiv	$	1,450		$	1,607		$	409		$	1,647		$	(3,663	)	$	1,450

Statement of Comprehensive Income Year Ended December 31, 2017

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,355		$	1,685		$	(46	)	$	1,802	$	(3,368	)	$	1,428
Other comprehensive income (loss):
Currency translation adjustments	(177		)	—			—			492		—			315
Net change in unrecognized gain (loss) on derivative instruments, net of tax	—			—			—			15		—			15
Employee benefit plans adjustment, net of tax	—			—			—			11		—			11
Other comprehensive income (loss)	(177		)	—			—			518		—			341
Equity in other comprehensive (loss) income of subsidiaries	508			(218		)	31			—		(321		)	—
Comprehensive income (loss)	1,686			1,467			(15		)	2,320		(3,689		)	1,769
Comprehensive income attributable to noncontrolling interests	—			—			—			83		—			83
Comprehensive income (loss) attributable to Aptiv	$	1,686		$	1,467		$	(15	)	$	2,237	$	(3,689	)	$	1,686

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 Aptiv	$	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 Aptiv	$	1,158		$	1,158		$	400		$	1,360		$	(2,918	)	$	1,158

Balance Sheet as of December 31, 2017

	Parent		Subsidiary Guarantors		Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	1	$	—	$	—	$	1,595	$	—		$	1,596
Restricted cash	—		—		—		1		—			1
Accounts receivable, net	—		—		—		2,440		—			2,440
Intercompany receivables, current	50		16		82		9,867		(10,015		)	—
Inventories	—		—		—		1,083		—			1,083
Other current assets	—		—		—		521		—			521
Total current assets	51		16		82		15,507		(10,015		)	5,641
Long-term assets:
Intercompany receivables, long-term	—		—		768		1,366		(2,134		)	—
Property, net	—		—		—		2,804		—			2,804
Investments in affiliates	—		—		—		91		—			91
Investments in subsidiaries	11,987		12,599		3,416		—		(28,002		)	—
Intangible assets, net	—		—		—		3,163		—			3,163
Other long-term assets	60		—		8		402		—			470
Total long-term assets	12,047		12,599		4,192		7,826		(30,136		)	6,528
Total assets	$	12,098	$	12,615	$	4,274	$	23,333	$	(40,151	)	$	12,169
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—	$	—	$	13	$	4	$	—		$	17
Accounts payable	2		—		—		2,225		—			2,227
Intercompany payables, current	5,689		1,736		1,032		1,558		(10,015		)	—
Accrued liabilities	91		—		10		1,195		—			1,296
Total current liabilities	5,782		1,736		1,055		4,982		(10,015		)	3,540
Long-term liabilities:
Long-term debt	3,017		—		1,078		37		—			4,132
Intercompany payables, long-term	—		—		1,297		837		(2,134		)	—
Pension benefit obligations	—		—		—		454		—			454
Other long-term liabilities	—		—		—		526		—			526
Total long-term liabilities	3,017		—		2,375		1,854		(2,134		)	5,112
Total liabilities	8,799		1,736		3,430		6,836		(12,149		)	8,652
Total Aptiv shareholders’ equity	3,299		10,879		844		16,279		(28,002		)	3,299
Noncontrolling interest	—		—		—		218		—			218
Total shareholders’ equity	3,299		10,879		844		16,497		(28,002		)	3,517
Total liabilities and shareholders’ equity	$	12,098	$	12,615	$	4,274	$	23,333	$	(40,151	)	$	12,169

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	$	—	$	—	$	735	$	—		$	737
Restricted cash	—		—		—		1		—			1
Accounts receivable, net	—		—		—		2,130		—			2,130
Intercompany receivables, current	47		1,843		436		5,285		(7,611		)	—
Inventories	—		—		—		859		—			859
Other current assets	—		—		—		302		—			302
Current assets of discontinued operations	—		—		—		1,390		—			1,390
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	—		—		—		2,325		—			2,325
Investments in affiliates	—		—		—		67		—			67
Investments in subsidiaries	10,833		8,722		3,090		—		(22,645		)	—
Intangible assets, net	—		—		—		2,650		—			2,650
Other long-term assets	60		—		10		210		—			280
Long-term assets of discontinued operations	—		—		—		1,551		—			1,551
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	$	7	$	—		$	10
Accounts payable	3		—		—		1,817		—			1,820
Intercompany payables, current	5,504		68		974		1,065		(7,611		)	—
Accrued liabilities	31		300		30		881		—			1,242
Current liabilities of discontinued operations	—		—		—		1,076		—			1,076
Total current liabilities	5,538		368		1,007		4,846		(7,611		)	4,148
Long-term liabilities:
Long-term debt	2,837		—		1,090		26		—			3,953
Intercompany payables, long-term	166		1,317		1,296		826		(3,605		)	—
Pension benefit obligations	—		—		—		439		—			439
Other long-term liabilities	—		—		10		361		—			371
Long-term liabilities of discontinued operations	—		—		—		618		—			618
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 Aptiv 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

Statement of Cash Flows for the Year Ended December 31, 2017

	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash (used in) provided by operating activities from continuing operations	$	(93	)	$	(184	)	$	—	$	1,383		$	—		$	1,106
Net cash provided by operating activities from discontinued operations	—			—			—		362			—			362
Net cash (used in) provided by operating activities	(93		)	(184		)	—		1,745			—			1,468
Cash flows from investing activities:
Capital expenditures	—			—			—		(698		)	—			(698		)
Proceeds from sale of property / investments	—			—			—		7			—			7
Cost of business acquisitions, net of cash acquired	—			—			—		(324		)	—			(324		)
Cost of technology investments	—			—			—		(50		)	—			(50		)
Settlement of derivatives	—			—			—		(28		)	—			(28		)
Loans to affiliates	—			(126		)	—		(986		)	1,112			—
Repayments of loans from affiliates	—			—			—		1,345			(1,345		)	—
Net cash used in investing activities from continuing operations	—			(126		)	—		(734		)	(233		)	(1,093		)
Net cash used in investing activities from discontinued operations	—			—			—		(159		)	—			(159		)
Net cash used in investing activities	—			(126		)	—		(893		)	(233		)	(1,252		)
Cash flows from financing activities:
Net repayments under other short-term debt agreements	—			—			—		(17		)	—			(17		)
Contingent consideration and deferred acquisition purchase price payments	—			—			—		(24		)	—			(24		)
Dividend payments of consolidated affiliates to minority shareholders	—			—			—		(38		)	—			(38		)
Proceeds from issuance of senior notes, net of issuance costs	—			—			—		796			—			796
Proceeds from borrowings from affiliates	802			310			—		—			(1,112		)	—
Payments on borrowings from affiliates	(1,345		)	—			—		—			1,345			—
Repurchase of ordinary shares	(383		)	—			—		—			—			(383		)
Distribution of cash dividends	(310		)	—			—		—			—			(310		)
Dividend received from spin-off of Delphi Technologies	1,148			—			—		—			—			1,148
Cash transferred from Delphi Technologies related to spin-off	180			—			—		—			—			180
Cash transferred to Delphi Technologies related to spin-off	—			—			—		(863		)	—			(863		)
Taxes withheld and paid on employees' restricted share awards	—			—			—		(33		)	—			(33		)
Net cash provided by (used in) financing activities	92			310			—		(179		)	233			456
Effect of exchange rate fluctuations on cash and cash equivalents	—			—			—		86			—			86
(Decrease) increase in cash and cash equivalents	(1		)	—			—		759			—			758
Cash and cash equivalents at beginning of year	2			—			—		836			—			838
Cash and cash equivalents at end of year	$	1		$	—		$	—	$	1,595		$	—		$	1,596
Cash and cash equivalents of discontinued operations	$	—		$	—		$	—	$	—		$	—		$	—
Cash and cash equivalents of continuing operations	$	1		$	—		$	—	$	1,595		$	—		$	1,596

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		$	—		$	1,510		$	—		$	1,494
Net cash provided by operating activities from discontinued operations	—			—			—			447			—			447
Net cash (used in) provided by operating activities	(141		)	125			—			1,957			—			1,941
Cash flows from investing activities:
Capital expenditures	—			—			—			(657		)	—			(657		)
Proceeds from sale of property / investments	—			—			—			19			—			19
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		)	(1,387		)	3,176			(412		)
Net cash used in investing activities from discontinued operations	—			—			—			(166		)	—			(166		)
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	$	—		$	—		$	—		$	101		$	—		$	101
Cash and cash equivalents of continuing operations	$	2		$	—		$	—		$	735		$	—		$	737

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		$	—		$	1,122		$	(100	)	$	1,140
Net cash provided by operating activities from discontinued operations	—			—			—			563			—			563
Net cash (used in) provided by operating activities	(53		)	171			—			1,685			(100		)	1,703
Cash flows from investing activities:
Capital expenditures	—			—			—			(503		)	—			(503		)
Proceeds from sale of property / investments	—			—			—			7			—			7
Net proceeds from divestiture of discontinued operations	—			—			—			713			—			713
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	—			—			—			(3		)	—			(3		)
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		)	(1,600		)	3,773			(1,429		)
Net cash used in investing activities from discontinued operations	—			—			—			(270		)	—			(270		)
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	$	—		$	—		$	—		$	152		$	—		$	152
Cash and cash equivalents of continuing operations	$	4		$	—		$	—		$	423		$	—		$	427