Shareholders' Equity And Net Income Per Share (Tables)

12 Months Ended

Dec. 31, 2022

Shareholders' Equity and Net Income Per Share Note [Abstract]

Schedule of Weighted Average Number of Shares

The following table illustrates net income per share attributable to ordinary shareholders and the weighted average shares outstanding used in calculating basic and diluted income per share:

	Year Ended December 31,
	2022		2021		2020
	(in millions, except per share data)
Numerator, basic:
Net income attributable to ordinary shareholders	$	531	$	527	$	1,769
Numerator, diluted:
Net income attributable to Aptiv	$	594	$	590	$	1,804
MCPS dividends (1)	(63)		(63)		—
Numerator, diluted	$	531	$	527	$	1,804
Denominator:
Weighted average ordinary shares outstanding, basic	270.90		270.46		263.43
Dilutive shares related to RSUs	0.28		0.76		0.44
Weighted average MCPS converted shares (1)	—		—		6.83
Weighted average ordinary shares outstanding, including dilutive shares	271.18		271.22		270.70
Net income per share attributable to ordinary shareholders:
Basic	$	1.96	$	1.95	$	6.72
Diluted	$	1.96	$	1.94	$	6.66

(1)For purposes of calculating net income per share under the if-converted method, the Company has included the impact of the MCPS dividends for the years ended December 31, 2022 and 2021 as the impact was more dilutive to net income per share than the impact of assuming the conversion of the MCPS into ordinary shares on a weighted average basis. The Company has excluded the impact of the MCPS dividends for the year ended December 31, 2020, as the assumed conversion of the MCPS into ordinary shares on a weighted average basis was more dilutive to net income per share than the impact of the MCPS dividends.

Schedule of Share Repurchases

A summary of the ordinary shares repurchased during the year ended December 31, 2020 is as follows:

Total number of shares repurchased	1,059,075
Average price paid per share	$	53.73
Total (in millions)	$	57

Schedule of Dividends Declared

The Company has declared and paid cash dividends per preferred share during the periods presented as follows:

	Dividend		Amount
	Per Share		(in millions)
2022:
Fourth quarter	$	1.375	$	16
Third quarter	1.375		15
Second quarter	1.375		16
First quarter	1.375		16
Total	$	5.500	$	63
2021:
Fourth quarter	$	1.375	$	16
Third quarter	1.375		15
Second quarter	1.375		16
First quarter	1.375		16
Total	$	5.500	$	63