Segment Reporting (Tables)

6 Months Ended

Jun. 30, 2023

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Included below are sales and operating data for Aptiv’s segments for the three and six months ended June 30, 2023 and 2022.

	Signal and Power Solutions		Advanced Safety and User Experience		Eliminations and Other (1)		Total
	(in millions)
For the Three Months Ended June 30, 2023:
Net sales	$	3,679	$	1,532	$	(11)	$	5,200
Depreciation and amortization	$	155	$	69	$	—	$	224
Adjusted operating income	$	392	$	138	$	—	$	530
Operating income	$	340	$	70	$	—	$	410
Equity income (loss), net of tax	$	4	$	(77)	$	—	$	(73)
Net income attributable to noncontrolling interest	$	4	$	—	$	—	$	4
Net loss attributable to redeemable noncontrolling interest	$	—	$	—	$	—	$	—

	Signal and Power Solutions		Advanced Safety and User Experience		Eliminations and Other (1)		Total
	(in millions)
For the Three Months Ended June 30, 2022:
Net sales	$	3,039	$	1,026	$	(8)	$	4,057
Depreciation and amortization	$	148	$	45	$	—	$	193
Adjusted operating income (loss)	$	243	$	(30)	$	—	$	213
Operating income (loss)	$	136	$	(39)	$	—	$	97
Equity income (loss), net of tax	$	4	$	(76)	$	—	$	(72)
Net loss attributable to noncontrolling interest	$	(27)	$	—	$	—	$	(27)

	Signal and Power Solutions		Advanced Safety and User Experience		Eliminations and Other (1)		Total
	(in millions)
For the Six Months Ended June 30, 2023:
Net sales	$	7,143	$	2,898	$	(23)	$	10,018
Depreciation and amortization	$	304	$	136	$	—	$	440
Adjusted operating income	$	766	$	201	$	—	$	967
Operating income	$	659	$	99	$	—	$	758
Equity income (loss), net of tax	$	7	$	(162)	$	—	$	(155)
Net income attributable to noncontrolling interest	$	7	$	—	$	—	$	7
Net loss attributable to redeemable noncontrolling interest	$	(1)	$	—	$	—	$	(1)

	Signal and Power Solutions		Advanced Safety and User Experience		Eliminations and Other (1)		Total
	(in millions)
For the Six Months Ended June 30, 2022:
Net sales	$	6,145	$	2,108	$	(18)	$	8,235
Depreciation and amortization	$	294	$	90	$	—	$	384
Adjusted operating income (loss)	$	551	$	(14)	$	—	$	537
Operating income (loss)	$	393	$	(40)	$	—	$	353
Equity income (loss), net of tax	$	8	$	(143)	$	—	$	(135)
Net loss attributable to noncontrolling interest	$	(26)	$	—	$	—	$	(26)

(1)Eliminations and Other includes the elimination of inter-segment transactions.

Reconciliation of Segment Adjusted OI to Consolidated Net Income

The reconciliation of Adjusted Operating Income to operating income includes, as applicable, amortization, restructuring, other acquisition and portfolio project costs (which includes costs incurred to integrate acquired businesses and to plan and execute product portfolio transformation actions, including business and product acquisitions and divestitures), asset impairments and other related charges, compensation expense related to acquisitions and gains (losses) on business divestitures and other transactions. The reconciliations of Adjusted Operating Income to net income (loss) attributable to Aptiv for the three and six months ended June 30, 2023 and 2022 are as follows:

	Signal and Power Solutions		Advanced Safety and User Experience		Total
	(in millions)
For the Three Months Ended June 30, 2023:
Adjusted operating income	$	392	$	138	$	530
Amortization	(36)		(23)		(59)
Restructuring	(8)		(34)		(42)
Other acquisition and portfolio project costs	(8)		(3)		(11)
Compensation expense related to acquisitions	—		(8)		(8)
Operating income	$	340	$	70	410
Interest expense					(72)
Other income, net					11
Income before income taxes and equity loss					349
Income tax expense					(30)
Equity loss, net of tax					(73)
Net income					246
Net income attributable to noncontrolling interest					4
Net income attributable to Aptiv					$	242

	Signal and Power Solutions		Advanced Safety and User Experience		Total
	(in millions)
For the Three Months Ended June 30, 2022:
Adjusted operating income (loss)	$	243	$	(30)	$	213
Amortization	(37)		(1)		(38)
Restructuring	(13)		(6)		(19)
Other acquisition and portfolio project costs	—		(2)		(2)
Asset impairments	(3)		—		(3)
Other charges related to Ukraine/Russia conflict (1)	(54)		—		(54)
Operating income (loss)	$	136	$	(39)	97
Interest expense					(56)
Other expense, net					(25)
Income before income taxes and equity loss					16
Income tax expense					(16)
Equity loss, net of tax					(72)
Net loss					(72)
Net loss attributable to noncontrolling interest					(27)
Net loss attributable to Aptiv					$	(45)

(1)Primarily consists of charges related to the designation of our former majority owned Russian subsidiary as held for sale in the second quarter of 2022. Refer to Note 17. Acquisitions and Divestitures for further information.

	Signal and Power Solutions		Advanced Safety and User Experience		Total
	(in millions)
For the Six Months Ended June 30, 2023:
Adjusted operating income	$	766	$	201	$	967
Amortization	(72)		(46)		(118)
Restructuring	(15)		(38)		(53)
Other acquisition and portfolio project costs	(20)		(5)		(25)
Compensation expense related to acquisitions	—		(13)		(13)
Operating income	$	659	$	99	758
Interest expense					(139)
Other income, net					10
Income before income taxes and equity loss					629
Income tax expense					(64)
Equity loss, net of tax					(155)
Net income					410
Net income attributable to noncontrolling interest					7
Net loss attributable to redeemable noncontrolling interest					(1)
Net income attributable to Aptiv					$	404

	Signal and Power Solutions		Advanced Safety and User Experience		Total
	(in millions)
For the Six Months Ended June 30, 2022:
Adjusted operating income (loss)	$	551	$	(14)	$	537
Amortization	(72)		(3)		(75)
Restructuring	(22)		(19)		(41)
Other acquisition and portfolio project costs	(7)		(4)		(11)
Asset impairments	(3)		—		(3)
Other charges related to Ukraine/Russia conflict (1)	(54)		—		(54)
Operating income (loss)	$	393	$	(40)	353
Interest expense					(99)
Other expense, net					(64)
Income before income taxes and equity loss					190
Income tax expense					(37)
Equity loss, net of tax					(135)
Net income					18
Net loss attributable to noncontrolling interest					(26)
Net income attributable to Aptiv					$	44

(1)Primarily consists of charges related to the designation of our former majority owned Russian subsidiary as held for sale in the second quarter of 2022. Refer to Note 17. Acquisitions and Divestitures for further information.