Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements

12 Months Ended

Dec. 31, 2018

Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements [Abstract]

Supplemental Guarantor And Non-Guarantor Condensed Consolidating Financial Statements

SUPPLEMENTAL GUARANTOR AND NON-GUARANTOR CONDENSED CONSOLIDATING FINANCIAL STATEMENTS

Basis of Presentation

Notes Issued by the Subsidiary Issuer

As described in Note 11. Debt, Aptiv Corporation (the “Subsidiary Issuer/Guarantor”), a 100% owned subsidiary of Aptiv PLC (the “Parent”), issued the 2013 Senior Notes and the 2014 Senior Notes, both of which were registered under the Securities Act, and is the borrower of obligations under the Credit Agreement. The 2013 Senior Notes were subsequently redeemed and extinguished in September 2016. The 2014 Senior Notes and obligations under the Credit Agreement are, and prior to their redemption, the 2013 Senior Notes were, fully and unconditionally guaranteed by Aptiv PLC and certain of Aptiv PLC’s direct and indirect subsidiary companies, which are directly or indirectly 100% owned by Aptiv PLC (the “Subsidiary Guarantors”), on a joint and several basis, subject to customary release provisions (other than in the case of Aptiv PLC). All other consolidated direct and indirect subsidiaries of Aptiv PLC (“Non-Guarantor Subsidiaries”) are not subject to the guarantees.

Notes Issued by the Parent

As described in Note 11. Debt, Aptiv PLC issued the 2015 Senior Notes, the 2015 Euro-denominated Senior Notes, the 2016 Euro-denominated Senior Notes and the 2016 Senior Notes, each of which were registered under the Securities Act. Each series of these senior notes are fully and unconditionally guaranteed on a joint and several basis, subject to customary release provisions, by certain of Aptiv PLC’s direct and indirect subsidiary companies (the “Subsidiary Guarantors”), and Aptiv Corporation, each of which are directly or indirectly 100% owned by Aptiv PLC. All other Non-Guarantor Subsidiaries are not subject to the guarantees.

In lieu of providing separate audited financial statements for the Guarantors, the Company has included the accompanying condensed consolidating financial statements. These condensed consolidating financial statements are presented on the equity method. Under this method, the investments in subsidiaries are recorded at cost and adjusted for the parent’s share of the subsidiary’s cumulative results of operations, capital contributions and distributions and other equity changes. The Non-Guarantor Subsidiaries are combined in the condensed consolidating financial statements. The principal elimination entries are to eliminate the investments in subsidiaries and intercompany balances and transactions.

The historical presentation of the supplemental guarantor and non-guarantor condensed consolidating financial statements have been revised to be consistent with the presentation of the entities that comprise the structure of the Subsidiary Guarantors as of December 31, 2018.

Statement of Operations Year Ended December 31, 2018



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	14,435		$	—		$	14,435
Operating expenses:
Cost of sales	—			—			—			11,706			—			11,706
Selling, general and administrative	27			—			—			966			—			993
Amortization	—			—			—			154			—			154
Restructuring	—			—			—			109			—			109
Total operating expenses	27			—			—			12,935			—			12,962
Operating (loss) income	(27		)	—			—			1,500			—			1,473
Interest (expense) income	(141		)	(147		)	(200		)	(25		)	372			(141		)
Other income (expense), net	—			1			80			293			(372		)	2
(Loss) income from continuing operations before income taxes and equity income	(168		)	(146		)	(120		)	1,768			—			1,334
Income tax benefit (expense)	—			—			27			(277		)	—			(250		)
(Loss) income from continuing operations before equity income	(168		)	(146		)	(93		)	1,491			—			1,084
Equity in net income of affiliates	—			—			—			23			—			23
Equity in net income (loss) of subsidiaries	1,235			1,221			33			—			(2,489		)	—
Income (loss) from continuing operations	1,067			1,075			(60		)	1,514			(2,489		)	1,107
Income from discontinued operations, net of tax	—			—			—			—			—			—
Net income (loss)	1,067			1,075			(60		)	1,514			(2,489		)	1,107
Net income attributable to noncontrolling interest	—			—			—			40			—			40
Net income (loss) attributable to Aptiv	$	1,067		$	1,075		$	(60	)	$	1,474		$	(2,489	)	$	1,067

Statement of Operations Year Ended December 31, 2017



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	12,884		$	—		$	12,884
Operating expenses:
Cost of sales	—			—			—			10,270			—			10,270
Selling, general and administrative	137			—			—			815			—			952
Amortization	—			—			—			117			—			117
Restructuring	—			—			—			129			—			129
Total operating expenses	137			—			—			11,331			—			11,468
Operating (loss) income	(137		)	—			—			1,553			—			1,416
Interest (expense) income	(255		)	(24		)	(174		)	(11		)	324			(140		)
Other income (expense), net	—			144			13			146			(324		)	(21		)
(Loss) income from continuing operations before income taxes and equity income	(392		)	120			(161		)	1,688			—			1,255
Income tax benefit (expense)	—			—			59			(282		)	—			(223		)
(Loss) income from continuing operations before equity income	(392		)	120			(102		)	1,406			—			1,032
Equity in net income of affiliates	—			—			—			31			—			31
Equity in net income (loss) of subsidiaries	1,747			1,623			62			—			(3,432		)	—
Income (loss) from continuing operations	1,355			1,743			(40		)	1,437			(3,432		)	1,063
Income from discontinued operations, net of tax	—			—			—			365			—			365
Net income (loss)	1,355			1,743			(40		)	1,802			(3,432		)	1,428
Net income attributable to noncontrolling interest	—			—			—			73			—			73
Net income (loss) attributable to Aptiv	$	1,355		$	1,743		$	(40	)	$	1,729		$	(3,432	)	$	1,355

Statement of Operations Year Ended December 31, 2016



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net sales	$	—		$	—		$	—		$	12,274		$	—		$	12,274
Operating expenses:
Cost of sales	—			—			—			9,527			—			9,527
Selling, general and administrative	87			—			—			837			—			924
Amortization	—			—			—			117			—			117
Restructuring	—			—			—			167			—			167
Total operating expenses	87			—			—			10,648			—			10,735
Operating (loss) income	(87		)	—			—			1,626			—			1,539
Interest (expense) income	(208		)	(23		)	(202		)	(67		)	345			(155		)
Other (expense) income, net	(5		)	(163		)	(11		)	140			(345		)	(384		)
(Loss) income from continuing operations before income taxes and equity income	(300		)	(186		)	(213		)	1,699			—			1,000
Income tax benefit (expense)	60			—			78			(305		)	—			(167		)
(Loss) income from continuing operations before equity income	(240		)	(186		)	(135		)	1,394			—			833
Equity in net income of affiliates	—			—			—			35			—			35
Equity in net income (loss) of subsidiaries	1,497			1,531			359			—			(3,387		)	—
Income (loss) from continuing operations	1,257			1,345			224			1,429			(3,387		)	868
Income from discontinued operations, net of tax	—			—			—			458			—			458
Net income (loss)	1,257			1,345			224			1,887			(3,387		)	1,326
Net income attributable to noncontrolling interest	—			—			—			69			—			69
Net income (loss) attributable to Aptiv	$	1,257		$	1,345		$	224		$	1,818		$	(3,387	)	$	1,257

Statement of Comprehensive Income Year Ended December 31, 2018



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,067		$	1,075		$	(60	)	$	1,514		$	(2,489	)	$	1,107
Other comprehensive income (loss):
Currency translation adjustments	67			—			—			(261		)	—			(194		)
Net change in unrecognized loss on derivative instruments, net of tax	—			—			—			(39		)	—			(39		)
Employee benefit plans adjustment, net of tax	—			—			—			2			—			2
Other comprehensive income (loss)	67			—			—			(298		)	—			(231		)
Equity in other comprehensive (loss) income of subsidiaries	(290		)	(177		)	25			—			442			—
Comprehensive income (loss)	844			898			(35		)	1,216			(2,047		)	876
Comprehensive income attributable to noncontrolling interests	—			—			—			32			—			32
Comprehensive income (loss) attributable to Aptiv	$	844		$	898		$	(35	)	$	1,184		$	(2,047	)	$	844

Statement of Comprehensive Income Year Ended December 31, 2017



	Parent			Subsidiary Guarantors		Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,355		$	1,743	$	(40	)	$	1,802	$	(3,432	)	$	1,428
Other comprehensive (loss) income:
Currency translation adjustments	(177		)	—		—			492		—			315
Net change in unrecognized gain on derivative instruments, net of tax	—			—		—			15		—			15
Employee benefit plans adjustment, net of tax	—			—		—			11		—			11
Other comprehensive (loss) income	(177		)	—		—			518		—			341
Equity in other comprehensive income (loss) of subsidiaries	508			533		31			—		(1,072		)	—
Comprehensive income (loss)	1,686			2,276		(9		)	2,320		(4,504		)	1,769
Comprehensive income attributable to noncontrolling interests	—			—		—			83		—			83
Comprehensive income (loss) attributable to Aptiv	$	1,686		$	2,276	$	(9	)	$	2,237	$	(4,504	)	$	1,686

Statement of Comprehensive Income Year Ended December 31, 2016



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net income (loss)	$	1,257		$	1,345		$	224	$	1,887		$	(3,387	)	$	1,326
Other comprehensive income (loss):
Currency translation adjustments	65			—			—		(212		)	—			(147		)
Net change in unrecognized gain on derivative instruments, net of tax	—			—			—		95			—			95
Employee benefit plans adjustment, net of tax	—			—			—		(139		)	—			(139		)
Other comprehensive income (loss)	65			—			—		(256		)	—			(191		)
Equity in other comprehensive (loss) income of subsidiaries	(247		)	(243		)	2		—			488			—
Comprehensive income (loss)	1,075			1,102			226		1,631			(2,899		)	1,135
Comprehensive income attributable to noncontrolling interests	—			—			—		60			—			60
Comprehensive income (loss) attributable to Aptiv	$	1,075		$	1,102		$	226	$	1,571		$	(2,899	)	$	1,075

Balance Sheet as of December 31, 2018



	Parent		Subsidiary Guarantors		Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	1	$	—	$	—	$	566	$	—		$	567
Restricted cash	—		—		—		1		—			1
Accounts receivable, net	—		—		—		2,487		—			2,487
Intercompany receivables, current	54		16		3,114		4,201		(7,385		)	—
Inventories	—		—		—		1,277		—			1,277
Other current assets	—		—		—		445		—			445
Total current assets	55		16		3,114		8,977		(7,385		)	4,777
Long-term assets:
Intercompany receivables, long-term	—		—		768		1,424		(2,192		)	—
Property, net	—		—		—		3,179		—			3,179
Investments in affiliates	—		—		—		99		—			99
Investments in subsidiaries	7,392		7,860		1,156		—		(16,408		)	—
Intangible assets, net	—		—		—		3,904		—			3,904
Other long-term assets	—		—		6		515		—			521
Total long-term assets	7,392		7,860		1,930		9,121		(18,600		)	7,703
Total assets	$	7,447	$	7,876	$	5,044	$	18,098	$	(25,985	)	$	12,480
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—	$	—	$	25	$	281	$	—		$	306
Accounts payable	2		—		—		2,332		—			2,334
Intercompany payables, current	791		4,479		2,115		—		(7,385		)	—
Accrued liabilities	31		—		11		1,012		—			1,054
Total current liabilities	824		4,479		2,151		3,625		(7,385		)	3,694
Long-term liabilities:
Long-term debt	2,953		—		1,055		30		—			4,038
Intercompany payables, long-term	—		—		1,296		896		(2,192		)	—
Pension benefit obligations	—		—		—		445		—			445
Other long-term liabilities	—		—		—		633		—			633
Total long-term liabilities	2,953		—		2,351		2,004		(2,192		)	5,116
Total liabilities	3,777		4,479		4,502		5,629		(9,577		)	8,810
Total Aptiv shareholders’ equity	3,670		3,397		542		12,258		(16,408		)	3,459
Noncontrolling interest	—		—		—		211		—			211
Total shareholders’ equity	3,670		3,397		542		12,469		(16,408		)	3,670
Total liabilities and shareholders’ equity	$	7,447	$	7,876	$	5,044	$	18,098	$	(25,985	)	$	12,480

Balance Sheet as of December 31, 2017



	Parent		Subsidiary Guarantors		Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries		Eliminations			Consolidated
	(in millions)
ASSETS
Current assets:
Cash and cash equivalents	$	1	$	—	$	—		$	1,595	$	—		$	1,596
Restricted cash	—		—		—			1		—			1
Accounts receivable, net	—		—		—			2,440		—			2,440
Intercompany receivables, current	50		16		82			9,867		(10,015		)	—
Inventories	—		—		—			1,083		—			1,083
Other current assets	—		—		—			521		—			521
Total current assets	51		16		82			15,507		(10,015		)	5,641
Long-term assets:
Intercompany receivables, long-term	—		—		768			1,366		(2,134		)	—
Property, net	—		—		—			2,804		—			2,804
Investments in affiliates	—		—		—			91		—			91
Investments in subsidiaries	11,987		11,269		1,925			—		(25,181		)	—
Intangible assets, net	—		—		—			3,163		—			3,163
Other long-term assets	60		—		8			402		—			470
Total long-term assets	12,047		11,269		2,701			7,826		(27,315		)	6,528
Total assets	$	12,098	$	11,285	$	2,783		$	23,333	$	(37,330	)	$	12,169
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt	$	—	$	—	$	13		$	4	$	—		$	17
Accounts payable	2		—		—			2,225		—			2,227
Intercompany payables, current	5,689		1,736		1,032			1,558		(10,015		)	—
Accrued liabilities	91		—		10			1,195		—			1,296
Total current liabilities	5,782		1,736		1,055			4,982		(10,015		)	3,540
Long-term liabilities:
Long-term debt	3,017		—		1,078			37		—			4,132
Intercompany payables, long-term	—		—		1,297			837		(2,134		)	—
Pension benefit obligations	—		—		—			454		—			454
Other long-term liabilities	—		—		—			526		—			526
Total long-term liabilities	3,017		—		2,375			1,854		(2,134		)	5,112
Total liabilities	8,799		1,736		3,430			6,836		(12,149		)	8,652
Total Aptiv shareholders’ equity	3,299		9,549		(647		)	16,279		(25,181		)	3,299
Noncontrolling interest	—		—		—			218		—			218
Total shareholders’ equity	3,299		9,549		(647		)	16,497		(25,181		)	3,517
Total liabilities and shareholders’ equity	$	12,098	$	11,285	$	2,783		$	23,333	$	(37,330	)	$	12,169

Statement of Cash Flows for the Year Ended December 31, 2018



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash (used in) provided by operating activities from continuing operations	$	(170	)	$	—		$	—	$	1,810		$	—		$	1,640
Net cash used in operating activities from discontinued operations	—			—			—		(12		)	—			(12		)
Net cash (used in) provided by operating activities	(170		)	—			—		1,798			—			1,628
Cash flows from investing activities:
Capital expenditures	—			—			—		(846		)	—			(846		)
Proceeds from sale of property / investments	—			—			—		13			—			13
Cost of business acquisitions, net of cash acquired	—			—			—		(1,197		)	—			(1,197		)
Cost of technology investments	—			—			—		(16		)	—			(16		)
Return of investment from subsidiaries	5,879			4,971			—		—			(10,850		)	—
Settlement of derivatives	—			—			—		(2		)	—			(2		)
Loans to affiliates	—			—			—		(3,629		)	3,629			—
Repayments of loans from affiliates	—			—			—		7,598			(7,598		)	—
Investments in subsidiaries	(100		)	—			—		—			100			—
Net cash provided by (used in) investing activities from continuing operations	5,779			4,971			—		1,921			(14,719		)	(2,048		)
Net cash used in investing activities from discontinued operations	—			—			—		—			—			—
Net cash provided by (used in) investing activities	5,779			4,971			—		1,921			(14,719		)	(2,048		)
Cash flows from financing activities:
Net proceeds under other short-term debt agreements	—			—			—		255			—			255
Contingent consideration and deferred acquisition purchase price payments	—			—			—		(13		)	—			(13		)
Dividend payments of consolidated affiliates to minority shareholders	—			—			—		(30		)	—			(30		)
Proceeds from borrowings from affiliates	1,002			2,627			—		—			(3,629		)	—
Payments on borrowings from affiliates	(5,879		)	(1,719		)	—		—			7,598			—
Investment from parent	—			—			—		100			(100		)	—
Dividends paid to affiliates	—			(5,879		)	—		(4,971		)	10,850			—
Repurchase of ordinary shares	(499		)	—			—		—			—			(499		)
Distribution of cash dividends	(233		)	—			—		—			—			(233		)
Taxes withheld and paid on employees’ restricted share awards	—			—			—		(35		)	—			(35		)
Net cash (used in) provided by financing activities	(5,609		)	(4,971		)	—		(4,694		)	14,719			(555		)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash	—			—			—		(54		)	—			(54		)
Decrease in cash, cash equivalents and restricted cash	—			—			—		(1,029		)	—			(1,029		)
Cash, cash equivalents and restricted cash at beginning of year	1			—			—		1,596			—			1,597
Cash, cash equivalents and restricted cash at end of year	$	1		$	—		$	—	$	567		$	—		$	568
Cash, cash equivalents and restricted cash of discontinued operations	$	—		$	—		$	—	$	—		$	—		$	—
Cash, cash equivalents and restricted cash of continuing operations	$	1		$	—		$	—	$	567		$	—		$	568

Statement of Cash Flows for the Year Ended December 31, 2017



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor		Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash (used in) provided by operating activities from continuing operations	$	(93	)	$	(184	)	$	—	$	1,383		$	—		$	1,106
Net cash provided by operating activities from discontinued operations	—			—			—		362			—			362
Net cash (used in) provided by operating activities	(93		)	(184		)	—		1,745			—			1,468
Cash flows from investing activities:
Capital expenditures	—			—			—		(698		)	—			(698		)
Proceeds from sale of property / investments	—			—			—		7			—			7
Cost of business acquisitions, net of cash acquired	—			—			—		(324		)	—			(324		)
Cost of technology investments	—			—			—		(50		)	—			(50		)
Settlement of derivatives	—			—			—		(28		)	—			(28		)
Loans to affiliates	—			(126		)	—		(986		)	1,112			—
Repayments of loans from affiliates	—			—			—		1,345			(1,345		)	—
Net cash used in investing activities from continuing operations	—			(126		)	—		(734		)	(233		)	(1,093		)
Net cash used in investing activities from discontinued operations	—			—			—		(159		)	—			(159		)
Net cash used in investing activities	—			(126		)	—		(893		)	(233		)	(1,252		)
Cash flows from financing activities:
Net repayments under other short-term debt agreements	—			—			—		(17		)	—			(17		)
Contingent consideration and deferred acquisition purchase price payments	—			—			—		(24		)	—			(24		)
Dividend payments of consolidated affiliates to minority shareholders	—			—			—		(38		)	—			(38		)
Proceeds from issuance of senior notes, net of issuance costs	—			—			—		796			—			796
Proceeds from borrowings from affiliates	802			310			—		—			(1,112		)	—
Payments on borrowings from affiliates	(1,345		)	—			—		—			1,345			—
Repurchase of ordinary shares	(383		)	—			—		—			—			(383		)
Distribution of cash dividends	(310		)	—			—		—			—			(310		)
Dividend received from spin-off of Delphi Technologies	1,148			—			—		—			—			1,148
Cash transferred from Delphi Technologies related to spin-off	180			—			—		—			—			180
Cash transferred to Delphi Technologies related to spin-off	—			—			—		(863		)	—			(863		)
Taxes withheld and paid on employees’ restricted share awards	—			—			—		(33		)	—			(33		)
Net cash provided by (used in) financing activities	92			310			—		(179		)	233			456
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash	—			—			—		86			—			86
(Decrease) increase in cash, cash equivalents and restricted cash	(1		)	—			—		759			—			758
Cash, cash equivalents and restricted cash at beginning of year	2			—			—		837			—			839
Cash, cash equivalents and restricted cash at end of year	$	1		$	—		$	—	$	1,596		$	—		$	1,597
Cash, cash equivalents and restricted cash of discontinued operations	$	—		$	—		$	—	$	—		$	—		$	—
Cash, cash equivalents and restricted cash of continuing operations	$	1		$	—		$	—	$	1,596		$	—		$	1,597

Statement of Cash Flows for the Year Ended December 31, 2016



	Parent			Subsidiary Guarantors			Subsidiary Issuer/Guarantor			Non-Guarantor Subsidiaries			Eliminations			Consolidated
	(in millions)
Net cash (used in) provided by operating activities from continuing operations	$	(141	)	$	125		$	—		$	1,510		$	—		$	1,494
Net cash provided by operating activities from discontinued operations	—			—			—			447			—			447
Net cash (used in) provided by operating activities	(141		)	125			—			1,957			—			1,941
Cash flows from investing activities:
Capital expenditures	—			—			—			(657		)	—			(657		)
Proceeds from sale of property / investments	—			—			—			19			—			19
Net proceeds from divestiture of discontinued operations	—			—			—			48			—			48
Proceeds from business divestitures	—			—			—			197			—			197
Cost of business acquisitions, net of cash acquired	—			—			(15		)	—			—			(15		)
Cost of technology investments	—			—			(3		)	—			—			(3		)
Settlement of derivatives	—			—			—			(1		)	—			(1		)
Loans to affiliates	—			(979		)	—			(1,346		)	2,325			—
Repayments of loans from affiliates	—			—			—			353			(353		)	—
Investments in subsidiaries	(854		)	—			(350		)	—			1,204			—
Net cash (used in) provided by investing activities from continuing operations	(854		)	(979		)	(368		)	(1,387		)	3,176			(412		)
Net cash used in investing activities from discontinued operations	—			—			—			(166		)	—			(166		)
Net cash (used in) provided by investing activities	(854		)	(979		)	(368		)	(1,553		)	3,176			(578		)
Cash flows from financing activities:
Net repayments under other short-term debt agreements	—			—			—			(34		)	—			(34		)
Repayment of senior notes	—			—			(862		)	—			—			(862		)
Proceeds from issuance of senior notes, net of issuance costs	852			—			—			—			—			852
Contingent consideration and deferred acquisition purchase price payments	—			—			—			(4		)	—			(4		)
Dividend payments of consolidated affiliates to minority shareholders	—			—			—			(42		)	—			(42		)
Proceeds from borrowings from affiliates	1,095			—			1,230			—			(2,325		)	—
Payments on borrowings from affiliates	(353		)	—			—			—			353			—
Investment from parent	350			854			—			—			(1,204		)	—
Repurchase of ordinary shares	(634		)	—			—			—			—			(634		)
Distribution of cash dividends	(317		)	—			—			—			—			(317		)
Taxes withheld and paid on employees’ restricted share awards	—			—			—			(40		)	—			(40		)
Net cash provided by (used in) financing activities	993			854			368			(120		)	(3,176		)	(1,081		)
Effect of exchange rate fluctuations on cash, cash equivalents and restricted cash	—			—			—			(23		)	—			(23		)
(Decrease) increase in cash, cash equivalents and restricted cash	(2		)	—			—			261			—			259
Cash, cash equivalents and restricted cash at beginning of year	4			—			—			576			—			580
Cash, cash equivalents and restricted cash at end of year	$	2		$	—		$	—		$	837		$	—		$	839
Cash, cash equivalents and restricted cash of discontinued operations	$	—		$	—		$	—		$	101		$	—		$	101
Cash, cash equivalents and restricted cash of continuing operations	$	2		$	—		$	—		$	736		$	—		$	738