Segment Reporting (Tables)

3 Months Ended

Mar. 31, 2020

Segment Reporting [Abstract]

Schedule of Segment Reporting Information, by Segment

Included below are sales and operating data for the Company’s segments for the three months ended March 31, 2020 and 2019.

	Fuel Injection Systems			Powertrain Products		Electrification & Electronics			Aftermarket		Corporate Costs and Other (1)			Total
	(in millions)
For the Three Months Ended March 31, 2020:
Net sales	$	393		$	261	$	178		$	174	$	(61	)	$	945
Depreciation & amortization	$	30		$	11	$	13		$	1	$	1		$	56
Adjusted operating income	$	18		$	35	$	1		$	15	$	(29	)	$	40
Operating income	$	(16	)	$	27	$	(2	)	$	15	$	(44	)	$	(20	)
Equity income	$	—		$	—	$	—		$	—	$	—		$	—
Net income attributable to noncontrolling interest	$	1		$	2	$	—		$	—	$	—		$	3

	Fuel Injection Systems		Powertrain Products		Electrification & Electronics		Aftermarket		Corporate Costs and Other (1)			Total
	(in millions)
For the Three Months Ended March 31, 2019:
Net sales	$	454	$	327	$	243	$	193	$	(66	)	$	1,151
Depreciation & amortization	$	28	$	14	$	10	$	1	$	—		$	53
Adjusted operating income	$	23	$	61	$	17	$	15	$	(29	)	$	87
Operating income	$	13	$	57	$	13	$	14	$	(42	)	$	55
Equity income	$	2	$	—	$	—	$	—	$	—		$	2
Net income attributable to noncontrolling interest	$	—	$	3	$	—	$	—	$	—		$	3

(1) Corporate Costs and Other includes corporate related expenses not allocated to operating segments, which primarily includes executive administration, corporate finance, legal, human resources, supply chain management and information technology. This column also 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, restructuring, separation and transformation costs, asset impairments, pension charges and Transaction related costs. The reconciliation of Adjusted Operating Income to net income attributable to Delphi Technologies for the three and three months ended March 31, 2020 and 2019 are as follows:

	Fuel Injection Systems			Powertrain Products			Electrification & Electronics			Aftermarket		Corporate Costs (1)			Total
	(in millions)
For the Three Months Ended March 31, 2020:
Adjusted operating income	$	18		$	35		$	1		$	15	$	(29	)	$	40
Restructuring	(32		)	(8		)	(1		)	—		(2		)	(43		)
Separation and transformation costs (2)	—			—			(2		)	—		(1		)	(3		)
Transaction related costs (3)	—			—			—			—		(12		)	(12		)
Pension charges (4)	(2		)	—			—			—		—			(2		)
Operating (loss) income	$	(16	)	$	27		$	(2	)	$	15	$	(44	)	(20		)
Interest expense															(16		)
Other income, net															2
Loss before income taxes and equity income															(34		)
Income tax expense															(20		)
Equity income, net of tax															—
Net loss															(54		)
Net income attributable to noncontrolling interest															3
Net loss attributable to Delphi Technologies															$	(57	)

	Fuel Injection Systems			Powertrain Products			Electrification & Electronics			Aftermarket			Corporate Costs (1)			Total
	(in millions)
For the Three Months Ended March 31, 2019:
Adjusted operating income	$	23		$	61		$	17		$	15		$	(29	)	$	87
Restructuring	(3		)	—			—			—			—			(3		)
Separation and transformation costs (2)	—			(1		)	(4		)	—			(13		)	(18		)
Asset impairments	—			(3		)	—			—			—			(3		)
Pension charges (4)	(7		)	—			—			(1		)	—			(8		)
Operating income	$	13		$	57		$	13		$	14		$	(42	)	55
Interest expense																(18		)
Other expense, net																(12		)
Income before income taxes and equity income																25
Income tax expense																(8		)
Equity income, net of tax																2
Net income																19
Net income attributable to noncontrolling interest																3
Net income attributable to Delphi Technologies																$	16

(1) Corporate costs includes corporate related expenses not allocated to operating segments, which primarily includes executive administration, corporate finance, legal, human resources, supply chain management and information technology.

(2) Separation and transformation costs include one-time incremental expenses associated with becoming a stand-alone publicly-traded company and costs and income associated with the transformation of our global technical center footprint.

(3) Transaction related costs include charges for due diligence, integration planning and other expenses related to the Transaction with BorgWarner.

(4)

Pension charges include additional contributions to defined contribution plans, other payments to impacted employees and other related expenses resulting from the freeze of future accruals for nearly all U.K. defined benefit pension plans.