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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2017
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The following is a summary of the combined financial information of significant affiliates accounted for under the equity method for continuing operations as of December 31, 2017 and 2016 and for the years ended December 31, 2017, 2016 and 2015 (unaudited):
 
December 31,
 
2017
 
2016
 
(in millions)
Current assets
$
222

 
$
195

Non-current assets
108

 
96

Total assets
$
330

 
$
291

Current liabilities
$
114

 
$
124

Non-current liabilities
4

 
4

Shareholders’ equity
212

 
163

Total liabilities and shareholders’ equity
$
330

 
$
291

 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in millions)
Net sales
$
570

 
$
521

 
$
440

Gross profit
111

 
105

 
84

Net income
66

 
77

 
39

Schedule of Related Party Transactions
A summary of transactions with affiliates is shown below:
 
Year Ended December 31,
 
2017
 
2016
 
2015
 
(in millions)
Sales to affiliates
$
8

 
$
14

 
$
25

Purchases from affiliates
19

 
23

 
44

Schedule of Technology Investments
As of December 31, 2017, the Company had the following technology investments, which are classified within other long-term assets in the consolidated balance sheet:
Investment Name
Segment
Investment Date
 
Investment
(in millions)
Innoviz Technologies
Advanced Safety and User Experience
Q3 2017
 
$
15

LeddarTech, Inc.
Advanced Safety and User Experience
Q3 2017
 
10

Valens Semiconductor Ltd.
Signal and Power Solutions
Q2 2017
 
10

Otonomo Technologies Ltd.
Advanced Safety and User Experience
Q1 2017
 
15

Quanergy Systems, Inc
Advanced Safety and User Experience
Q2 2015; Q1 2016
 
6

 
 
 
 
$
56