Fair Value Of Financial Instruments (Tables)

6 Months Ended

Jun. 30, 2015

Fair Value, Liabilities Measured on Recurring Basis

As of June 30, 2015 and December 31, 2014, Delphi had no assets measured at fair value on a recurring basis and 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 June 30, 2015:
Commodity derivatives	$	33	$	—	$	33	$	—
Foreign currency derivatives	83		—		83		—
Contingent consideration	12		—		—		12
Total	$	128	$	—	$	116	$	12
As of December 31, 2014:
Commodity derivatives	$	27	$	—	$	27	$	—
Foreign currency derivatives	77		—		77		—
Contingent consideration	11		—		—		11
Total	$	115	$	—	$	104	$	11

Changes in Fair Value of Liabilities Measured on Recurring Basis with Unobservable Inputs

The changes in the contingent consideration liability classified as a Level 3 measurement for the six months ended June 30, 2015 were as follows:



	Contingent Consideration Liability

	(in millions)
Fair value at beginning of period	$	11
Additions	—
Payments	—
Interest accretion	1
Fair value at end of period	$	12