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Share-Based Compensation Share-Based Compensation Disclosure (Tables)
6 Months Ended
Jun. 30, 2018
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]  
Schedule of Executive RSU Grants [Table Text Block]
The details of the executive grant are as follows:
Grant Date
 
RSUs Granted
 
Grant Date Fair Value
 
Time-Based Award Vesting Dates
 
Performance-Based Award Vesting Date
 
 
(in millions)
 
 
 
 
February 2018
 
0.3
 
$16
 
Annually on the anniversary grant date, 2019-2021
 
December 31, 2020
Share-based Compensation Arrangements by Share-based Payment Award, Performance-Based Units, Vested and Expected to Vest [Table Text Block]
Each executive will receive between 0% and 200% of his or her target performance-based award based on the Company’s performance against established company-wide performance metrics, which are:
Metric
2018 Grant
 
 
2016 - 2017 Former Parent Grants
 
 
2013 - 2015 Former Parent Grants
Average return on net assets (1)
50%
 
 
50%
 
 
50%
Cumulative net income
25%
 
 
25%
 
 
N/A
Cumulative earnings per share (2)
N/A
 
 
N/A
 
 
30%
Relative total shareholder return (3)
25%
 
 
25%
 
 
20%
(1)
Average return on net assets is measured by the Company’s 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)
Cumulative earnings per share is measured by net income attributable to Delphi Technologies divided by the weighted average number of diluted shares outstanding for the respective three-year performance period.
(3)
Relative total shareholder return is measured by comparing the average closing price per share of the Company’s ordinary shares for the defined period at the end of the performance period to the average closing price per share of the Company’s ordinary shares for the defined period at the beginning of the performance period, including dividends, and assessed against a comparable measure of competitor and peer group companies.
Schedule of Nonvested Restricted Stock Units Activity [Table Text Block]
All prior period award amounts disclosed within the following table were converted in accordance with the factor related to the conversion of the awards following the Separation as described above.
 
RSUs
 
Weighted Average Grant Date Fair Value
 
(in thousands)
 
 
Nonvested, January 1, 2018
712

 
$
37.34

Granted
564

 
48.56

Vested
(122
)
 
38.50

Forfeited
(19
)
 
39.89

Nonvested, June 30, 2018
1,135

 
42.75