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Debt (Tables)
12 Months Ended
Dec. 31, 2017
Debt Disclosure [Abstract]  
Schedule of Long-term Debt Instruments
The following is a summary of debt outstanding, net of unamortized issuance costs and discounts, as of December 31, 2017 and December 31, 2016, respectively:
 
December 31,
 
2017
 
2016
 
(in millions)
3.15%, senior notes, due 2020 (net of $2 and $3 unamortized issuance costs and $1 and $1 discount, respectively)
$
647

 
$
646

4.15%, senior notes, due 2024 (net of $4 and $4 unamortized issuance costs and $1 and $2 discount, respectively)
695

 
694

1.50%, Euro-denominated senior notes, due 2025 (net of $4 and $4 unamortized issuance costs and $3 and $3 discount, respectively)
833

 
729

4.25%, senior notes, due 2026 (net of $4 and $4 unamortized issuance costs, respectively)
646

 
646

1.60%, Euro-denominated senior notes, due 2028 (net of $4 and $4 unamortized issuance costs and $1 and $1 discount, respectively)
595

 
521

4.40%, senior notes, due 2046 (net of $3 and $3 unamortized issuance costs and $2 and $2 discount, respectively)
295

 
295

Tranche A Term Loan, due 2021 (net of $2 and $2 unamortized issuance costs, respectively)
396

 
398

Capital leases and other
42

 
34

Total debt
4,149

 
3,963

Less: current portion
(17
)
 
(10
)
Long-term debt
$
4,132

 
$
3,953

Schedule of Maturities of Long-term Debt
The principal maturities of debt, at nominal value, follows:
 
Debt and
Capital Lease
Obligations
 
(in millions)
2018
$
17

2019
32

2020
683

2021
333

2022
3

Thereafter
3,112

Total
$
4,180

Schedule of Interest Rates
The Applicable Rates under the Credit Agreement on the specified dates are set forth below:
 
December 31, 2017
 
December 31, 2016
 
LIBOR plus
 
ABR plus
 
LIBOR plus
 
ABR plus
Revolving Credit Facility
1.10
%
 
0.10
%
 
1.10
%
 
0.10
%
Tranche A Term Loan
1.25
%
 
0.25
%
 
1.25
%
 
0.25
%
Schedule of Line of Credit Facilities
As of December 31, 2017, Aptiv selected the one-month LIBOR interest rate option on the Tranche A Term Loan, and the rate effective as of December 31, 2017, as detailed in the table below, was based on the Company's current credit rating and the Applicable Rate for the Credit Agreement:
 
 
 
Borrowings as of
 

 
 
 
December 31, 2017
 
Rates effective as of
 
Applicable Rate
 
(in millions)
 
December 31, 2017
Tranche A Term Loan
LIBOR plus 1.25%
 
$
398

 
2.75
%