Intangible Assets and Goodwill (Tables)

12 Months Ended

Dec. 31, 2021

Schedule of Acquired Finite and Infinite-Lived Intangible Assets and Goodwill by Major Class

The changes in the carrying amount of intangible assets and goodwill were as follows as of December 31, 2021 and 2020. See Note 20. Acquisitions and Divestitures for a further description of the goodwill and intangible assets resulting from Aptiv’s acquisitions in 2021 and 2020.


		As of December 31, 2021						As of December 31, 2020
	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	3-15	$	673	$	506	$	167	$	672	$	461	$	211
Customer relationships	9-14	1,186		578		608		1,179		495		684
Trade names	15-20	75		50		25		76		48		28
Total		1,934		1,134		800		1,927		1,004		923
Unamortized intangible assets:
In-process research and development	—	4		—		4		—		—		—
Trade names	—	160		—		160		168		—		168
Goodwill	—	2,511		—		2,511		2,580		—		2,580
Total		$	4,609	$	1,134	$	3,475	$	4,675	$	1,004	$	3,671

Schedule of Finite-Lived Intangible Assets Amortization Expense

Estimated amortization expense for the years ending December 31, 2022 through 2026 is presented below:


	Year Ending December 31,
	2022		2023		2024		2025		2026
	(in millions)
Estimated amortization expense	$	149	$	126	$	111	$	108	$	108

Schedule of Gross Carrying Amounts of Intangible Assets and Goodwill

A roll-forward of the gross carrying amounts of intangible assets for the years ended December 31, 2021 and 2020 is presented below.


	2021		2020
	(in millions)
Balance at January 1	$	4,675	$	4,427
Acquisitions (1)	132		17


Foreign currency translation and other	(198)		231
Balance at December 31	$	4,609	$	4,675

(1)Primarily attributable to the 2021 acquisitions of El-Com, Krono-Safe and Ulti-Mate and the 2020 acquisition of Dynawave, as further described in Note 20. Acquisitions and Divestitures.

Schedule of Accumulated Amortization of Intangible Assets and Goodwill

A roll-forward of the accumulated amortization for the years ended December 31, 2021 and 2020 is presented below:


	2021		2020
	(in millions)
Balance at January 1	$	1,004	$	834
Amortization	148		144


Foreign currency translation and other	(18)		26
Balance at December 31	$	1,134	$	1,004

Schedule of Goodwill

A roll-forward of the carrying amount of goodwill, by operating segment, for the years ended December 31, 2021 and 2020 is presented below:


	Signal and Power Solutions		Advanced Safety and User Experience		Total
	(in millions)
Balance at January 1, 2020	$	2,381	$	26	$	2,407
Acquisitions (1)	10		—		10

Foreign currency translation and other	162		1		163
Balance at December 31, 2020	$	2,553	$	27	$	2,580
Acquisitions (2)	$	65	$	9	$	74

Foreign currency translation and other	(143)		—		(143)
Balance at December 31, 2021	$	2,475	$	36	$	2,511

(1)Primarily attributable to the acquisition of Dynawave, as further described in Note 20. Acquisitions and Divestitures.

(2)Primarily attributable to the acquisitions of El-Com, Krono-Safe and Ulti-Mate, as further described in Note 20. Acquisitions and Divestitures.