Fair Value Of Financial Instruments (Tables)

9 Months Ended

Sep. 30, 2014

Fair Value, Assets Measured on Recurring Basis

As of September 30, 2014 and December 31, 2013, Delphi had the following assets measured at fair value on a recurring basis:



	Total		Quoted Prices in Active Markets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3

	(in millions)
As of September 30, 2014:
Commodity derivatives	$	1	$	—	$	1	$	—
Foreign currency derivatives	22		—		22		—
Total	$	23	$	—	$	23	$	—
As of December 31, 2013:
Commodity derivatives	$	3	$	—	$	3	$	—
Foreign currency derivatives	17		—		17		—
Total	$	20	$	—	$	20	$	—

Fair Value, Liabilities Measured on Recurring Basis

As of September 30, 2014 and December 31, 2013, Delphi had the following liabilities measured at fair value on a recurring basis:



	Total		Quoted Prices in Active Markets Level 1		Significant Other Observable Inputs Level 2		Significant Unobservable Inputs Level 3

	(in millions)
As of September 30, 2014:
Commodity derivatives	$	14	$	—	$	14	$	—
Foreign currency derivatives	12		—		12		—
Total	$	26	$	—	$	26	$	—
As of December 31, 2013:
Commodity derivatives	$	11	$	—	$	11	$	—
Foreign currency derivatives	11		—		11		—
Total	$	22	$	—	$	22	$	—

- Definition

Tabular disclosure of liabilities, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3). Where the quoted price in an active market for the identical liability is not available, the Level 1 input is the quoted price of an identical liability when traded as an asset.

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