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Fair Value Of Financial Instruments (Tables)
6 Months Ended
Jun. 30, 2016
Fair Value Disclosures [Abstract]  
Fair Value, Assets Measured on 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, 2016
 
Foreign currency derivatives
$
6

 
$

 
$
6

 
$

Total
$
6

 
$

 
$
6

 
$

As of December 31, 2015:
 
 
 
 
 
 
 
Foreign currency derivatives
$

 
$

 
$

 
$

Total
$

 
$

 
$

 
$

Fair Value, Liabilities Measured on Recurring Basis
As of June 30, 2016 and December 31, 2015, 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 June 30, 2016
 
Commodity derivatives
$
21

 
$

 
$
21

 
$

Foreign currency derivatives
56

 

 
56

 

Contingent consideration
33

 

 

 
33

Total
$
110

 
$

 
$
77

 
$
33

As of December 31, 2015:
 
 
 
 
 
 
 
Commodity derivatives
$
51

 
$

 
$
51

 
$

Foreign currency derivatives
78

 

 
78

 

Contingent consideration
32

 

 

 
32

Total
$
161

 
$

 
$
129

 
$
32

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, 2016 were as follows:
 
Contingent Consideration Liability
 
 
 
(in millions)
Fair value at beginning of period
$
32

Additions

Payments

Interest accretion
1

Fair value at end of period
$
33