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Investments in Affiliates (Tables)
12 Months Ended
Dec. 31, 2018
Equity Method Investments and Joint Ventures [Abstract]  
Schedule of Equity Method Investments
The following is a summary of the combined financial information of significant affiliates accounted for under the equity method for continuing operations as of December 31, 2018 and 2017 and for the years ended December 31, 2018, 2017 and 2016 (unaudited):
 
December 31,
 
2018
 
2017
 
(in millions)
Current assets
$
222

 
$
222

Non-current assets
124

 
108

Total assets
$
346

 
$
330

Current liabilities
$
99

 
$
114

Non-current liabilities
7

 
4

Shareholders’ equity
240

 
212

Total liabilities and shareholders’ equity
$
346

 
$
330

 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(in millions)
Net sales
$
533

 
$
570

 
$
521

Gross profit
84

 
111

 
105

Net income
53

 
66

 
77

Schedule of Related Party Transactions
A summary of transactions with affiliates is shown below:
 
Year Ended December 31,
 
2018
 
2017
 
2016
 
(in millions)
Sales to affiliates
$
7

 
$
8

 
$
14

Purchases from affiliates
38

 
19

 
23

Schedule of Technology Investments
As of December 31, 2018, the Company had the following technology investments, which are classified within other long-term assets in the consolidated balance sheet:
Investment Name
Segment
Investment Date
 
Investment
(in millions)
Affectiva, Inc.
Advanced Safety and User Experience
Q4 2018
 
$
15

Innoviz Technologies
Advanced Safety and User Experience
Q3 2017
 
15

LeddarTech, Inc.
Advanced Safety and User Experience
Q3 2017
 
10

Valens Semiconductor Ltd.
Signal and Power Solutions
Q2 2017
 
10

Otonomo Technologies Ltd.
Advanced Safety and User Experience
Q1 2017
 
15

Quanergy Systems, Inc
Advanced Safety and User Experience
Q2 2015; Q1 2016
 
6

Other investments
Advanced Safety and User Experience
Q4 2018
 
1

 
 
 
 
$
72