Fair Value of Financial Instruments (Tables)

12 Months Ended

Dec. 31, 2015

Fair Value, Liabilities Measured on Recurring Basis

As of December 31, 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 December 31, 2015
Commodity derivatives	$	51	$	—	$	51	$	—
Foreign currency derivatives	78		—		78		—
Contingent consideration	32		—		—		32
Total	$	161	$	—	$	129	$	32
As of December 31, 2014
Commodity derivatives	$	27	$	—	$	27	$	—
Foreign currency derivatives	77		—		77		—
Contingent consideration	11		—		—		11
Total	$	115	$	—	$	104	$	11

Fair Value, Liabilities Measured on Recurring Basis, Unobservable Input Reconciliation [Table Text Block]

The changes in the contingent consideration liability classified as a Level 3 measurement, which were principally due the acquisitions of Control-Tec and Ottomatika in 2015 and the acquisition of Antaya in 2014, as described above and in Note 20. Acquisitions and Divestitures, were as follows:



	Year Ended December 31,
	2015			2014
	(in millions)
Fair value at beginning of year	$	11		$	—
Additions	25			11
Payments	—			—
Interest accretion	3			—
Measurement adjustments	(7		)	—
Fair value at end of year	$	32		$	11