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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2021
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 as of December 31, 2021 and 2020 and for the years ended December 31, 2021, 2020 and 2019:
 December 31,
 20212020
 (in millions)
Current assets$794 $1,140 
Non-current assets3,163 3,210 
Total assets$3,957 $4,350 
Current liabilities$194 $166 
Non-current liabilities112 101 
Shareholders’ equity3,651 4,083 
Total liabilities and shareholders’ equity$3,957 $4,350 
Year Ended December 31,
 202120202019
 (in millions)
Net sales$599 $553 $531 
Gross (loss) profit(244)(71)59 
Net (loss) income(393)(154)35 
Schedule of Related Party Transactions
A summary of transactions with affiliates is shown below:
Year Ended December 31,
 202120202019
 (in millions)
Sales to affiliates$30 $$
Purchases from affiliates19 32 37 
Schedule of Technology Investments December 31, 2021 and 2020:
December 31,
Investment NameSegment20212020
(in millions)
Equity investments without readily determinable fair values:
Krono-Safe, SAS (1)Advanced Safety and User Experience$— $
Affectiva, Inc. (2)Advanced Safety and User Experience— 15 
Innoviz Technologies (2)Advanced Safety and User Experience— 25 
LeddarTech, Inc.Advanced Safety and User Experience19 10 
Valens Semiconductor Ltd. (2)Signal and Power Solutions— 10 
Otonomo Technologies Ltd. (2)Advanced Safety and User Experience— 37 
Quanergy Systems, IncAdvanced Safety and User Experience
Other investmentsVarious
Total equity investments without readily determinable fair values30 113 
Publicly traded equity securities:
Smart Eye AB (2)Advanced Safety and User Experience11 — 
Otonomo Technologies Ltd. (2)Advanced Safety and User Experience39 — 
Valens Semiconductor Ltd. (2)Signal and Power Solutions16 — 
Total publicly traded equity securities66 — 
Total investments$96 $113 
(1)During the year ended December 31, 2021, Aptiv exchanged its investment in Krono-Safe, SAS as part of the consideration paid to acquire Krono-Safe Automotive, SAS. See below for further details.(2)Each of these equity investments experienced a change in measurement basis due to an underlying transaction during the year ended December 31, 2021. See below for further details on each respective transaction. In the case of Innoviz Technologies, we liquidated our entire investment in the company after the transaction and during the year ended December 31, 2021.