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Shareholders' Equity And Net Income Per Share | 12 Months Ended
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Dec. 31, 2018
Shareholders' Equity and Net Income Per Share Note [Abstract] |
Shareholders' Equity And Net Income Per Share | SHAREHOLDERS’ EQUITY AND NET INCOME PER SHARE Net Income Per Share Basic net income per share is computed by dividing net income attributable to Aptiv by the weighted average number of ordinary shares outstanding during the period. Diluted net income per share reflects the weighted average dilutive impact of all potentially dilutive securities from the date of issuance and is computed using the treasury stock method by dividing net income attributable to Aptiv by the diluted weighted average number of ordinary shares outstanding during the period. For all periods presented, the calculation of net income per share contemplates the dilutive impacts, if any, of the Company’s share-based compensation plans. Refer to Note 21. Share-Based Compensation for additional information. Weighted Average Shares The following table illustrates net income per share attributable to Aptiv and the weighted average shares outstanding used in calculating basic and diluted income per share:
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
| (in millions, except per share data)
Numerator: |  |  |  |  |
Income from continuing operations | $ | 1,067 |  |  | $ | 1,021 |  |  | $ | 834 |
Income from discontinued operations | — |  |  | 334 |  |  | 423 |
Net income attributable to Aptiv | $ | 1,067 |  |  | $ | 1,355 |  |  | $ | 1,257 |
Denominator: |  |  |  |  |
Weighted average ordinary shares outstanding, basic | 264.41 |  |  | 267.16 |  |  | 273.02 |
Dilutive shares related to RSUs | 0.81 |  |  | 0.87 |  |  | 0.68 |
Weighted average ordinary shares outstanding, including dilutive shares | 265.22 |  |  | 268.03 |  |  | 273.70 |
Basic net income per share: |  |  |  |  |
Continuing operations | $ | 4.04 |  |  | $ | 3.82 |  |  | $ | 3.05 |
Discontinued operations | — |  |  | 1.25 |  |  | 1.55 |
Basic net income per share attributable to Aptiv | $ | 4.04 |  |  | $ | 5.07 |  |  | $ | 4.60 |
Diluted net income per share: |  |  |  |  |
Continuing operations | $ | 4.02 |  |  | $ | 3.81 |  |  | $ | 3.05 |
Discontinued operations | — |  |  | 1.25 |  |  | 1.54 |
Diluted net income per share attributable to Aptiv | $ | 4.02 |  |  | $ | 5.06 |  |  | $ | 4.59 |
Anti-dilutive securities share impact | — |  |  | — |  |  | — |
Share Repurchase Program In April 2016, the Board of Directors authorized a share repurchase program of up to $1.5 billion of ordinary shares, which commenced in September 2016 following the completion of the Company’s $1.5 billion January 2015 share repurchase program. This share repurchase program provides for share purchases in the open market or in privately negotiated transactions, depending on share price, market conditions and other factors, as determined by the Company. A summary of the ordinary shares repurchased during the years ended December 31, 2018, 2017 and 2016 is as follows:
| Year Ended December 31,
| 2018 |  | 2017 |  | 2016
Total number of shares repurchased | 6,530,369 |  |  | 4,667,193 |  |  | 9,481,946 |
Average price paid per share | $ | 76.44 |  |  | $ | 82.00 |  |  | $ | 66.93 |
Total (in millions) | $ | 499 |  |  | $ | 383 |  |  | $ | 635 |
As of December 31, 2018, approximately $490 million of share repurchases remained available under the April 2016 share repurchase program. All repurchased shares were retired, and are reflected as a reduction of ordinary share capital for the par value of the shares, with the excess applied as reductions to additional paid-in-capital and retained earnings. New Share Repurchase Program In January 2019, the Board of Directors authorized a new share repurchase program of up to $2.0 billion of ordinary shares. This share repurchase program provides for share purchases in the open market or in privately negotiated transactions, depending on share price, market conditions and other factors, as determined by the Company. This program will commence following the completion of the Company’s April 2016 share repurchase program described above. Dividends The Company has declared and paid cash dividends per ordinary share during the periods presented as follows:
| Dividend |  | Amount
| Per Share |  | (in millions)
2018: |  |  |
Fourth quarter | $ | 0.22 |  |  | $ | 58 |
Third quarter | 0.22 |  |  | 58 |
Second quarter | 0.22 |  |  | 58 |
First quarter | 0.22 |  |  | 59 |
Total | $ | 0.88 |  |  | $ | 233 |
2017: |  |  |
Fourth quarter | $ | 0.29 |  |  | $ | 77 |
Third quarter | 0.29 |  |  | 77 |
Second quarter | 0.29 |  |  | 78 |
First quarter | 0.29 |  |  | 78 |
Total | $ | 1.16 |  |  | $ | 310 |
In addition, in January 2019, the Board of Directors declared a regular quarterly cash dividend of $0.22 per ordinary share, payable on February 20, 2019 to shareholders of record at the close of business on February 6, 2019.

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- Definition Represents line item detail for shareholder's equity and net income per share. + References No definition available. + Details
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- Definition The entire disclosure for shareholders' equity comprised of portions attributable to the parent entity and noncontrolling interest, if any, including other comprehensive income (as applicable). Including, but not limited to: (1) balances of common stock, preferred stock, additional paid-in capital, other capital and retained earnings; (2) accumulated balance for each classification of other comprehensive income and total amount of comprehensive income; (3) amount and nature of changes in separate accounts, including the number of shares authorized and outstanding, number of shares issued upon exercise and conversion, and for other comprehensive income, the adjustments for reclassifications to net income; (4) rights and privileges of each class of stock authorized; (5) basis of treasury stock, if other than cost, and amounts paid and accounting treatment for treasury stock purchased significantly in excess of market; (6) dividends paid or payable per share and in the aggregate for each class of stock for each period presented; (7) dividend restrictions and accumulated preferred dividends in arrears (in aggregate and per share amount); (8) retained earnings appropriations or restrictions, such as dividend restrictions; (9) impact of change in accounting principle, initial adoption of new accounting principle and correction of an error in previously issued financial statements; (10) shares held in trust for Employee Stock Ownership Plan (ESOP); (11) deferred compensation related to issuance of capital stock; (12) note received for issuance of stock; (13) unamortized discount on shares; (14) description, terms, and number of warrants or rights outstanding; (15) shares under subscription and subscription receivables, effective date of new retained earnings after quasi-reorganization and deficit eliminated by quasi-reorganization and, for a period of at least ten years after the effective date, the point in time from which the new retained dates; and (16) retroactive effective of subsequent change in capital structure. Also, includes the entire disclosure for net income per share. + References No definition available. + Details
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