v3.3.1.900

Segment Reporting | 12 Months Ended
--- | ---
Dec. 31, 2015
Segment Reporting [Abstract] |
Segment Reporting Disclosure | SEGMENT REPORTING Delphi operates its core business along the following operating segments, which are grouped on the basis of similar product, market and operating factors:
• | Electrical/Electronic Architecture, which includes complete electrical architecture and component products.
• | Powertrain Systems, which includes extensive systems integration expertise in gasoline, diesel and fuel handling and full end-to-end systems including fuel and air injection, combustion, electronics controls, exhaust handling, test and validation capabilities, aftermarket, and original equipment service.
• | Electronics and Safety, which includes component and systems integration expertise in infotainment and connectivity, body controls and security systems, displays, mechatronics, passive and active safety electronics and electric and hybrid electric vehicle power electronics, as well as advanced development of software.
• | Eliminations and Other, which includes i) the elimination of inter-segment transactions, and ii) certain other expenses and income of a non-operating or strategic nature.
The accounting policies of the segments are the same as those described in Note 2. Significant Accounting Policies, except that the disaggregated financial results for the segments have been prepared using a management approach, which is consistent with the basis and manner in which management internally disaggregates financial information for which Delphi’s chief operating decision maker regularly reviews financial results to assess performance of, and make internal operating decisions about allocating resources to, the segments. Generally, Delphi evaluates segment performance based on stand-alone segment net income before interest expense, other income (expense), net, income tax expense, equity income (loss), net of tax, income (loss) from discontinued operations, net of tax, 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 gains (losses) on business divestitures (“Adjusted Operating Income”) and accounts for inter-segment sales and transfers as if the sales or transfers were to third parties, at current market prices. Delphi’s management utilizes Adjusted Operating Income as the key performance measure of segment income or loss to evaluate segment performance, and for planning and forecasting purposes to allocate resources to the segments, as management believes this measure is most reflective of the operational profitability or loss of Delphi's operating segments. Segment Adjusted Operating Income should not be considered a substitute for results prepared in accordance with U.S. GAAP and should not be considered an alternative to net income attributable to Delphi, which is the most directly comparable financial measure to Adjusted Operating Income that is in accordance with U.S. GAAP. Segment Adjusted Operating Income, as determined and measured by Delphi, should also not be compared to similarly titled measures reported by other companies. As described in Note 25. Discontinued Operations, the Company's previously reported Thermal Systems segment has been classified as discontinued operations, which required retrospective application to balance sheet, statement of operations and certain cash flow financial information for all periods presented. Discontinued operations also includes the Company's thermal original equipment service business, the results of which were previously reported within the Powertrain Systems segment. Certain operations, primarily related to contract manufacturing services, which were previously included within the Thermal Systems segment but which were not included in the scope of the divestiture, are reported in continuing operations and have been reclassified within the Electronics and Safety segment for all periods presented. Amounts for shared general and administrative operating expenses that were allocated to the Thermal Systems business in prior periods have been re-allocated to the Company's reportable operating segments. Included below are sales and operating data for Delphi’s segments for the years ended December 31, 2015, 2014 and 2013, as well as balance sheet data as of December 31, 2015 and 2014.
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other (1) |  | Total
| (in millions)
For the Year Ended December 31, 2015: |  |  |  |  |  |  |  |  |
Net sales | $ | 8,180 |  |  | $ | 4,377 |  |  | $ | 2,774 |  |  | $ | (166 | ) |  | $ | 15,165 |
Depreciation and amortization | $ | 276 |  |  | $ | 185 |  |  | $ | 79 |  |  | $ | — |  |  | $ | 540 |
Adjusted operating income | $ | 1,095 |  |  | $ | 553 |  |  | $ | 323 |  |  | $ | — |  |  | $ | 1,971 |
Operating income (2) | $ | 1,014 |  |  | $ | 417 |  |  | $ | 292 |  |  | $ | — |  |  | $ | 1,723 |
Equity income (loss) | $ | 16 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 16 |
Net income attributable to noncontrolling interest | $ | 39 |  |  | $ | 34 |  |  | $ | — |  |  | $ | — |  |  | $ | 73 |
Capital expenditures | $ | 353 |  |  | $ | 198 |  |  | $ | 105 |  |  | $ | 48 |  |  | $ | 704 |
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other (1) |  | Total
| (in millions)
For the Year Ended December 31, 2014: |  |  |  |  |  |  |  |  |
Net sales | $ | 8,274 |  |  | $ | 4,535 |  |  | $ | 2,885 |  |  | $ | (195 | ) |  | $ | 15,499 |
Depreciation and amortization | $ | 266 |  |  | $ | 194 |  |  | $ | 80 |  |  | $ | — |  |  | $ | 540 |
Adjusted operating income | $ | 1,060 |  |  | $ | 518 |  |  | $ | 347 |  |  | $ | — |  |  | $ | 1,925 |
Operating income (3) | $ | 986 |  |  | $ | 459 |  |  | $ | 313 |  |  | $ | — |  |  | $ | 1,758 |
Equity income (loss) | $ | 21 |  |  | $ | (1 | ) |  | $ | — |  |  | $ | — |  |  | $ | 20 |
Net income attributable to noncontrolling interest | $ | 35 |  |  | $ | 36 |  |  | $ | — |  |  | $ | — |  |  | $ | 71 |
Capital expenditures | $ | 326 |  |  | $ | 315 |  |  | $ | 89 |  |  | $ | 49 |  |  | $ | 779 |
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other (1) |  | Total
| (in millions)
For the Year Ended December 31, 2013: |  |  |  |  |  |  |  |  |
Net sales | $ | 7,972 |  |  | $ | 4,392 |  |  | $ | 2,878 |  |  | $ | (191 | ) |  | $ | 15,051 |
Depreciation and amortization | $ | 237 |  |  | $ | 188 |  |  | $ | 74 |  |  | $ | — |  |  | $ | 499 |
Adjusted operating income | $ | 982 |  |  | $ | 470 |  |  | $ | 327 |  |  | $ | — |  |  | $ | 1,779 |
Operating income (4) | $ | 939 |  |  | $ | 417 |  |  | $ | 271 |  |  | $ | — |  |  | $ | 1,627 |
Equity income (loss) | $ | 15 |  |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 15 |
Net income attributable to noncontrolling interest | $ | 40 |  |  | $ | 31 |  |  | $ | — |  |  | $ | — |  |  | $ | 71 |
Capital expenditures | $ | 293 |  |  | $ | 224 |  |  | $ | 64 |  |  | $ | 24 |  |  | $ | 605 |
(1) | Eliminations and Other includes the elimination of inter-segment transactions. Capital expenditures amounts are attributable to corporate administrative and support functions, including corporate headquarters and certain technical centers.
(2) | Includes charges recorded in 2015 related to costs associated with employee termination benefits and other exit costs of $37 million for Electrical/Electronic Architecture, $115 million for Powertrain Systems and $25 million for Electronics and Safety.
(3) | Includes charges recorded in 2014 related to costs associated with employee termination benefits and other exit costs of $57 million for Electrical/Electronic Architecture, $55 million for Powertrain Systems and $28 million for Electronics and Safety.
(4) | Includes charges recorded in 2013 related to costs associated with employee termination benefits and other exit costs of $28 million for Electrical/Electronic Architecture, $53 million for Powertrain Systems and $56 million for Electronics and Safety.
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other (1) |  | Total
| (in millions)
Balance as of December 31, 2015: |  |  |  |  |  |  |  |  |
Investment in affiliates | $ | 60 |  |  | $ | 34 |  |  | $ | — |  |  | $ | — |  |  | $ | 94 |
Goodwill | $ | 1,458 |  |  | $ | 8 |  |  | $ | 73 |  |  | $ | — |  |  | $ | 1,539 |
Total segment assets | $ | 7,924 |  |  | $ | 3,630 |  |  | $ | 2,528 |  |  | $ | (2,109 | ) |  | $ | 11,973 |
Balance as of December 31, 2014: |  |  |  |  |  |  |  |  |
Investment in affiliates | $ | 64 |  |  | $ | 34 |  |  | $ | — |  |  | $ | — |  |  | $ | 98 |
Goodwill | $ | 648 |  |  | $ | 8 |  |  | $ | — |  |  | $ | — |  |  | $ | 656 |
Total segment assets | $ | 5,795 |  |  | $ | 3,854 |  |  | $ | 2,064 |  |  | $ | (992 | ) |  | $ | 10,721 |
(1) | Eliminations and Other includes the elimination of inter-segment transactions.
The reconciliation of Adjusted Operating Income to Operating Income includes restructuring, other project and integration costs related to acquisitions and other portfolio transactions, asset impairments and gains (losses) on business divestitures. The reconciliation of Adjusted Operating Income to net income attributable to Delphi for the years ended December 31, 2015, 2014 and 2013 are as follows:
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other |  | Total
| (in millions)
For the Year Ended December 31, 2015: |  |  |  |  |  |  |  |  |
Adjusted operating income | $ | 1,095 |  |  | $ | 553 |  |  | $ | 323 |  |  | $ | — |  |  | $ | 1,971 |
Restructuring | (37 | ) |  | (115 | ) |  | (25 | ) |  | — |  |  | (177 | )
Other acquisition and portfolio project costs | (26 | ) |  | (12 | ) |  | (9 | ) |  | — |  |  | (47 | )
Asset impairments | (4 | ) |  | (9 | ) |  | (3 | ) |  | — |  |  | (16 | )
Gain (loss) on business divestitures, net | (14 | ) |  | — |  |  | 6 |  |  | — |  |  | (8 | )
Operating income | $ | 1,014 |  |  | $ | 417 |  |  | $ | 292 |  |  | $ | — |  |  | 1,723 |
Interest expense |  |  |  |  |  |  |  |  | (127 | )
Other expense, net |  |  |  |  |  |  |  |  | (88 | )
Income from continuing operations before income taxes and equity income |  |  |  |  |  |  |  |  | 1,508 |
Income tax expense |  |  |  |  |  |  |  |  | (263 | )
Equity income, net of tax |  |  |  |  |  |  |  |  | 16 |
Income from continuing operations |  |  |  |  |  |  |  |  | 1,261 |
Income from discontinued operations, net of tax |  |  |  |  |  |  |  |  | 274 |
Net income |  |  |  |  |  |  |  |  | 1,535 |
Net income attributable to noncontrolling interest |  |  |  |  |  |  |  |  | 85 |
Net income attributable to Delphi |  |  |  |  |  |  |  |  | $ | 1,450 |
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other |  | Total
| (in millions)
For the Year Ended December 31, 2014: |  |  |  |  |  |  |  |  |
Adjusted operating income | $ | 1,060 |  |  | $ | 518 |  |  | $ | 347 |  |  | $ | — |  |  | $ | 1,925 |
Restructuring | (57 | ) |  | (55 | ) |  | (28 | ) |  | — |  |  | (140 | )
Other acquisition and portfolio project costs | (15 | ) |  | (3 | ) |  | (2 | ) |  | — |  |  | (20 | )
Asset impairments | (2 | ) |  | (1 | ) |  | (4 | ) |  | — |  |  | (7 | )
Operating income | $ | 986 |  |  | $ | 459 |  |  | $ | 313 |  |  | $ | — |  |  | 1,758 |
Interest expense |  |  |  |  |  |  |  |  | (135 | )
Other expense, net |  |  |  |  |  |  |  |  | (8 | )
Income from continuing operations before income taxes and equity income |  |  |  |  |  |  |  |  | 1,615 |
Income tax expense |  |  |  |  |  |  |  |  | (255 | )
Equity income, net of tax |  |  |  |  |  |  |  |  | 20 |
Income from continuing operations |  |  |  |  |  |  |  |  | 1,380 |
Income from discontinued operations, net of tax |  |  |  |  |  |  |  |  | 60 |
Net income |  |  |  |  |  |  |  |  | 1,440 |
Net income attributable to noncontrolling interest |  |  |  |  |  |  |  |  | 89 |
Net income attributable to Delphi |  |  |  |  |  |  |  |  | $ | 1,351 |
| Electrical/Electronic Architecture |  | Powertrain Systems |  | Electronics and Safety |  | Eliminations and Other |  | Total
| (in millions)
For the Year Ended December 31, 2013: |  |  |  |  |  |  |  |  |
Adjusted operating income | $ | 982 |  |  | $ | 470 |  |  | $ | 327 |  |  | $ | — |  |  | $ | 1,779 |
Restructuring | (28 | ) |  | (53 | ) |  | (56 | ) |  | — |  |  | (137 | )
Other acquisition and portfolio project costs | (15 | ) |  | — |  |  | — |  |  | — |  |  | (15 | )
Operating income | $ | 939 |  |  | $ | 417 |  |  | $ | 271 |  |  | $ | — |  |  | 1,627 |
Interest expense |  |  |  |  |  |  |  |  | (143 | )
Other income, net |  |  |  |  |  |  |  |  | (18 | )
Income from continuing operations before income taxes and equity income |  |  |  |  |  |  |  |  | 1,466 |
Income tax expense |  |  |  |  |  |  |  |  | (240 | )
Equity income, net of tax |  |  |  |  |  |  |  |  | 15 |
Income from continuing operations |  |  |  |  |  |  |  |  | 1,241 |
Income from discontinued operations, net of tax |  |  |  |  |  |  |  |  | 60 |
Net income |  |  |  |  |  |  |  |  | 1,301 |
Net income attributable to noncontrolling interest |  |  |  |  |  |  |  |  | 89 |
Net income attributable to Delphi |  |  |  |  |  |  |  |  | $ | 1,212 |
Information concerning principal geographic areas is set forth below. Net sales data reflects the manufacturing location and is for the years ended December 31. Net property data is as of December 31.
| Year Ended December 31, 2015 |  | Year Ended December 31, 2014 |  | Year Ended December 31, 2013
| Net Sales |  | Net Property (1) |  | Net Sales |  | Net Property (1) |  | Net Sales |  | Net Property (1)
| (in millions)
United States (2) | $ | 5,536 |  |  | $ | 898 |  |  | $ | 5,160 |  |  | $ | 675 |  |  | $ | 4,850 |  |  | $ | 583 |
Other North America | 146 |  |  | 147 |  |  | 208 |  |  | 135 |  |  | 213 |  |  | 135 |
Europe, Middle East & Africa (3) | 5,275 |  |  | 1,469 |  |  | 5,940 |  |  | 1,395 |  |  | 5,999 |  |  | 1,513 |
Asia Pacific (4) | 3,839 |  |  | 809 |  |  | 3,552 |  |  | 732 |  |  | 3,171 |  |  | 602 |
South America | 369 |  |  | 54 |  |  | 639 |  |  | 84 |  |  | 818 |  |  | 97 |
Total | $ | 15,165 |  |  | $ | 3,377 |  |  | $ | 15,499 |  |  | $ | 3,021 |  |  | $ | 15,051 |  |  | $ | 2,930 |
(1) | Net property data represents property, plant and equipment, net of accumulated depreciation.
(2) | Includes net sales and machinery, equipment and tooling that relate to the Company's maquiladora operations located in Mexico. These assets are utilized to produce products sold to customers located in the United States.
(3) | Includes Delphi’s country of domicile, Jersey, and the country of Delphi’s principal executive offices, the United Kingdom. The Company had no sales in Jersey in any period. The Company had net sales of $834 million, $892 million, and $727 million in the United Kingdom for the years ended December 31, 2015, 2014 and 2013, respectively. The Company had net property in the United Kingdom of $276 million, $231 million, and $229 million as of December 31, 2015, 2014 and 2013, respectively. The largest portion of net sales in the Europe, Middle East & Africa region was $834 million in the United Kingdom, $892 million in the United Kingdom and $1,076 million in Germany for the years ended December 31, 2015, 2014 and 2013, respectively.
(4) | Net sales and net property in Asia Pacific are primarily attributable to China.

X
- References No definition available. + Details
Name: | us-gaap_SegmentReportingAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The entire disclosure for reporting segments including data and tables. Reportable segments include those that meet any of the following quantitative thresholds a) it's reported revenue, including sales to external customers and intersegment sales or transfers is 10 percent or more of the combined revenue, internal and external, of all operating segments b) the absolute amount of its reported profit or loss is 10 percent or more of the greater, in absolute amount of 1) the combined reported profit of all operating segments that did not report a loss or 2) the combined reported loss of all operating segments that did report a loss c) its assets are 10 percent or more of the combined assets of all operating segments. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 34 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8981-108599 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 41 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9038-108599 Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 33 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8971-108599 Reference 4: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 12 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8595-108599 Reference 5: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 1 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8380-108599 Reference 6: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 32 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8933-108599 Reference 7: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 26 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8844-108599 Reference 8: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 35 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8984-108599 Reference 9: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 40 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9031-108599 Reference 10: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 42 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e9054-108599 Reference 11: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8538-108599 Reference 12: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 29 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8864-108599 Reference 13: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 31 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8924-108599 Reference 14: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 280 -SubTopic 10 -Section 50 -Paragraph 30 -URI http://asc.fasb.org/extlink&oid=51669610&loc=d3e8906-108599 + Details
Name: | us-gaap_SegmentReportingDisclosureTextBlock
Namespace Prefix: | us-gaap_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration