XML 70 R56.htm IDEA: XBRL DOCUMENT v3.10.0.1

Segment Reporting (Tables)

12 Months Ended

Dec. 31, 2018

Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]

Schedule of Segment Reporting Information, by Segment

Included below are sales and operating data for Aptiv’s segments for the years ended December 31, 2018, 2017 and 2016, as well as balance sheet data as of December 31, 2018 and 2017.

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other (1)				Total
	(in millions)
For the Year Ended December 31, 2018:
Net sales	$	10,402			$	4,078			$	(45	)		$	14,435
Depreciation and amortization	$	490			$	186			$	—			$	676
Adjusted operating income	$	1,424			$	327			$	—			$	1,751
Operating income (2)	$	1,279			$	194			$	—			$	1,473
Equity income, net of tax	$	23			$	—			$	—			$	23
Net income attributable to noncontrolling interest	$	40			$	—			$	—			$	40
Capital expenditures	$	534			$	245			$	67			$	846

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other (1)				Total
	(in millions)
For the Year Ended December 31, 2017:
Net sales	$	9,507			$	3,446			$	(69	)		$	12,884
Depreciation and amortization	$	438			$	108			$	—			$	546
Adjusted operating income	$	1,302			$	292			$	—			$	1,594
Operating income (3)	$	1,206			$	210			$	—			$	1,416
Equity income, net of tax	$	31			$	—			$	—			$	31
Net income attributable to noncontrolling interest	$	42			$	—			$	—			$	42
Capital expenditures	$	477			$	196			$	25			$	698

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other (1)				Total
	(in millions)
For the Year Ended December 31, 2016:
Net sales	$	9,319			$	3,024			$	(69	)		$	12,274
Depreciation and amortization	$	401			$	88			$	—			$	489
Adjusted operating income	$	1,272			$	351			$	—			$	1,623
Operating income (4)	$	1,099			$	440			$	—			$	1,539
Equity income, net of tax	$	35			$	—			$	—			$	35
Net income attributable to noncontrolling interest	$	34			$	—			$	—			$	34
Capital expenditures	$	458			$	131			$	68			$	657

(1) Eliminations and Other includes the elimination of inter-segment transactions. Capital expenditures amounts are attributable to corporate administrative and support functions, including corporate headquarters and certain technical centers.

(2) Includes charges recorded in 2018 related to costs associated with employee termination benefits and other exit costs of $90 million for Signal and Power Solutions and $19 million for Advanced Safety and User Experience.

(3) Includes charges recorded in 2017 related to costs associated with employee termination benefits and other exit costs of $67 million for Signal and Power Solutions and $62 million for Advanced Safety and User Experience.

(4) Includes a pre-tax gain of $141 million from the divestiture of the Advanced Safety and User Experience Mechatronics business, as well as charges recorded in 2016 related to costs associated with employee termination benefits and other exit costs of $125 million for Signal and Power Solutions and $42 million for Advanced Safety and User Experience.

Reconciliation of Assets from Segment to Consolidated

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other (1)				Total
	(in millions)
Balance as of December 31, 2018:
Investment in affiliates	$	99			$	—			$	—			$	99
Goodwill	$	2,180			$	344			$	—			$	2,524
Total segment assets	$	11,620			$	5,024			$	(4,164	)		$	12,480
Balance as of December 31, 2017:
Investment in affiliates	$	91			$	—			$	—			$	91
Goodwill	$	1,594			$	350			$	—			$	1,944
Total segment assets	$	9,833			$	4,225			$	(1,889	)		$	12,169

(1) Eliminations and Other includes the elimination of inter-segment transactions

Reconciliation of Segment Adjusted OI to Consolidated Net Income

The reconciliations of Adjusted Operating Income to net income attributable to Aptiv for the years ended December 31, 2018, 2017 and 2016 are as follows:

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other				Total
	(in millions)
For the Year Ended December 31, 2018:
Adjusted operating income	$	1,424			$	327			$	—			$	1,751
Restructuring	(90		)		(19		)		—				(109		)
Other acquisition and portfolio project costs	(54		)		(24		)		—				(78		)
Asset impairments	(1		)		(33		)		—				(34		)
Deferred compensation related to nuTonomy acquisition	—				(57		)		—				(57		)
Operating income	$	1,279			$	194			$	—			1,473
Interest expense													(141		)
Other income, net													2
Income from continuing operations before income taxes and equity income													1,334
Income tax expense													(250		)
Equity income, net of tax													23
Income from continuing operations													1,107
Income from discontinued operations, net of tax													—
Net income													1,107
Net income attributable to noncontrolling interest													40
Net income attributable to Aptiv													$	1,067

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other				Total
	(in millions)
For the Year Ended December 31, 2017:
Adjusted operating income	$	1,302			$	292			$	—			$	1,594
Restructuring	(67		)		(62		)		—				(129		)
Other acquisition and portfolio project costs	(21		)		(7		)		—				(28		)
Asset impairments	(8		)		(1		)		—				(9		)
Deferred compensation related to nuTonomy acquisition	—				(12		)		—				(12		)
Operating income	$	1,206			$	210			$	—			1,416
Interest expense													(140		)
Other expense, net													(21		)
Income from continuing operations before income taxes and equity income													1,255
Income tax expense													(223		)
Equity income, net of tax													31
Income from continuing operations													1,063
Income from discontinued operations, net of tax													365
Net income													1,428
Net income attributable to noncontrolling interest													73
Net income attributable to Aptiv													$	1,355

	Signal and Power Solutions				Advanced Safety and User Experience				Eliminations and Other				Total
	(in millions)
For the Year Ended December 31, 2016:
Adjusted operating income	$	1,272			$	351			$	—			$	1,623
Restructuring	(125		)		(42		)		—				(167		)
Other acquisition and portfolio project costs	(48		)		(9		)		—				(57		)
Asset impairments	—				(1		)		—				(1		)
Gain on business divestitures, net	—				141				—				141
Operating income	$	1,099			$	440			$	—			1,539
Interest expense													(155		)
Other expense, net													(384		)
Income from continuing operations before income taxes and equity income													1,000
Income tax expense													(167		)
Equity income, net of tax													35
Income from continuing operations													868
Income from discontinued operations, net of tax													458
Net income													1,326
Net income attributable to noncontrolling interest													69
Net income attributable to Aptiv													$	1,257

Schedule of Revenue from External Customers and Long-Lived Assets, by Geographical Areas

Information concerning principal geographic areas is set forth below. Net sales data reflects the manufacturing location and is for the years ended December 31, 2018, 2017 and 2016. Net property data is as of December 31, 2018, 2017 and 2016.

	Year Ended December 31, 2018								Year Ended December 31, 2017								Year Ended December 31, 2016
	Net Sales				Net Property (1)				Net Sales				Net Property (1)				Net Sales				Net Property (1)
	(in millions)
United States (2)	$	5,390			$	942			$	4,652			$	839			$	4,800			$	733
Other North America	170				206				171				185				137				150
Europe, Middle East & Africa (3)	4,689				1,112				4,235				1,029				3,905				821
Asia Pacific (4)	3,916				869				3,544				698				3,212				573
South America	270				50				282				53				220				48
Total	$	14,435			$	3,179			$	12,884			$	2,804			$	12,274			$	2,325

(1) Net property data represents property, plant and equipment, net of accumulated depreciation.

(2) Includes net sales and machinery, equipment and tooling that relate to the Company’s maquiladora operations located in Mexico. These assets are utilized to produce products sold to customers located in the U.S.

(3) Includes Aptiv’s country of domicile, Jersey, and the country of Aptiv’s principal executive offices, Ireland. The Company had no sales in Jersey or Ireland in any period. The Company had net property in Ireland of $22 million and less than $1 million as of December 31, 2018 and 2017, respectively, and no net property in Ireland as of December 31, 2016. The largest portion of net sales in the Europe, Middle East & Africa region was $1,398 million, $1,191 million and $944 million in Germany for the years ended December 31, 2018, 2017 and 2016, respectively.

(4) Net sales and net property in Asia Pacific are primarily attributable to China.

X

- Definition

Tabular disclosure of all significant reconciling items in the reconciliation of total assets from reportable segments to the entity's consolidated assets.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (c)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

+ Details

Name:	us-gaap_ReconciliationOfAssetsFromSegmentToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the reconciliation of profit (loss) from reportable segments to the consolidated income (loss) before income tax expense (benefit) and discontinued operations. Includes, but is not limited to, reconciliation after income tax if income tax is allocated to the reportable segment.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 31
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8924-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ReconciliationOfOperatingProfitLossFromSegmentsToConsolidatedTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of information concerning material long-lived assets (excluding financial instruments, customer relationships with financial institutions, mortgage and other servicing rights, deferred policy acquisition costs, and deferred taxes assets) located in identified geographic areas and/or the amount of revenue from external customers attributed to that country from which revenue is material. An entity may also provide subtotals of geographic information about groups of countries.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 41
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e9038-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section S99
-Paragraph 2
-Subparagraph (SX 210.5-03.1)
-URI http://asc.fasb.org/extlink&oid=115205541&loc=SL114868664-224227

+ Details

Name:	us-gaap_ScheduleOfRevenuesFromExternalCustomersAndLongLivedAssetsByGeographicalAreasTableTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Tabular disclosure of the profit or loss and total assets for each reportable segment. An entity discloses certain information on each reportable segment if the amounts (a) are included in the measure of segment profit or loss reviewed by the chief operating decision maker or (b) are otherwise regularly provided to the chief operating decision maker, even if not included in that measure of segment profit or loss.

+ References

Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 22
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8736-108599

Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 25
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8813-108599

Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 350
-SubTopic 20
-Section 50
-Paragraph 1
-URI http://asc.fasb.org/extlink&oid=108376223&loc=d3e13816-109267

Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 21
-Subparagraph (b)
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8721-108599

Reference 5: http://fasb.org/us-gaap/role/ref/legacyRef
-Publisher FASB
-Name Accounting Standards Codification
-Topic 280
-SubTopic 10
-Section 50
-Paragraph 30
-URI http://asc.fasb.org/extlink&oid=115929826&loc=d3e8906-108599

+ Details

Name:	us-gaap_ScheduleOfSegmentReportingInformationBySegmentTextBlock
Namespace Prefix:	us-gaap_
Data Type:	nonnum:textBlockItemType
Balance Type:	na
Period Type:	duration

X

- Definition

Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.

+ References

No definition available.

+ Details

Name:	us-gaap_SegmentReportingReconcilingItemForOperatingProfitLossFromSegmentToConsolidatedLineItems
Namespace Prefix:	us-gaap_
Data Type:	xbrli:stringItemType
Balance Type:	na
Period Type:	duration