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Share-Based Compensation (Tables)
 3 Months Ended
Mar. 31, 2023
Share-Based Payment Arrangement [Abstract]  
ScheduleofBoardOfDirectorsRSUGrants
Aptiv has granted RSUs to the Board of Directors as detailed in the table below:
Grant DateRSUs grantedGrant Date Fair Value (1)Vesting DateShares Issued Upon VestingFair Value of Shares at IssuanceShares Withheld to Cover Withholding Taxes
(dollars in millions)
April 202223,387 $2 April 202320,457 $2 2,930 
April 202117,589 $3 April 202215,633 $2 1,956 
(1)Determined based on the closing price of the Company’s ordinary shares on the date of the grant.
Schedule of Share-based Compensation Restricted Stock Units Performance Awards Weighting Each executive will receive between 0% and 200% (150% for the 2019 and 2020 grants based on the executive performance grant modification in 2020) of his or her target performance-based award based on the Company’s performance against established company-wide performance metrics, which are:
Metric2020 - 2023
Grants		2019
Grant
Average return on net assets (1)33%50%
Cumulative net income33%25%
Relative total shareholder return (2)33%25%
(1)Average return on net assets is measured by tax-affected operating income divided by average net working capital plus average net property, plant and equipment for each calendar year during the respective performance period.
(2)Relative total shareholder return is measured by comparing the average closing price per share of the Company’s ordinary shares for the specified trading days in the fourth quarter of the end of the performance period to the average closing price per share of the Company’s ordinary shares for the specified trading days in the fourth quarter of the year preceding the grant, including dividends, and assessed against a comparable measure of competitor and peer group companies.
Schedule of Executive RSU Grants The details of the executive grants were as follows:
Grant DateRSUs GrantedGrant Date Fair ValueTime-Based Award Vesting DatesPerformance-Based Award Vesting Date
(in millions)
February 20190.71 $62 Annually on anniversary of grant date, 2020 - 2022December 31, 2021
February 20200.75 $62 Annually on anniversary of grant date, 2021 - 2023December 31, 2022
February 20210.44 $72 Annually on anniversary of grant date, 2022 - 2024December 31, 2023
February 20220.59 $80 Annually on anniversary of grant date, 2023 - 2025December 31, 2024
February 20230.79 $99 Annually on anniversary of grant date, 2024 - 2026December 31, 2025
ScheduleofExecutiveRSUGrantsVesting The details of the shares issued upon vesting of the executive grants are as follows:
Time-Based AwardsPerformance-Based Awards
Vesting DateOrdinary Shares Issued Upon VestingFair Value of Shares at IssuanceOrdinary Shares Withheld to Cover Withholding TaxesOrdinary Shares Issued Upon VestingFair Value of Shares at IssuanceOrdinary Shares Withheld to Cover Withholding Taxes
(dollars in millions)
Q1 2023286,337 $33 116,753 315,664 $37 138,036 
Q1 2022354,600 $46 140,409 325,283 $42 136,143 
Schedule of Share-based Compensation Restricted Stock Units Award Activity A summary of RSU activity, including award grants, vesting and forfeitures is provided below:
RSUsWeighted Average Grant Date Fair Value
 (in thousands)
Nonvested, January 1, 20231,247 $136.61 
Granted1,353 $121.65 
Vested(286)$118.55 
Forfeited(29)$115.21 
Nonvested, March 31, 20232,285 $130.28 
Schedule of Share-Based Payment Award, Stock Options, Valuation Assumptions
The following summarizes the weighted average inputs used in the Black-Scholes model to value the Subsidiary Awards granted during the three months ended March 31, 2023:
Expected volatility43.47 %
Expected term3.5 years
Expected dividends$— 
Risk-free interest rate4.38 %