DELPHI 2013 Annual Report Download - page 98

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76
A summary of transactions with affiliates is shown below:
Year Ended December 31,
2013 2012 2011
(in millions)
Sales to affiliates.................................................................................... $ 33 $ 36 $ 66
Purchases from affiliates ....................................................................... $ 113 $ 112 $ 129
6. PROPERTY, NET
Property, net consisted of:
Estimated Useful
Lives
December 31,
2013 2012
(Years) (in millions)
Land ..................................................................................................... — $ 172 $ 169
Land and leasehold improvements....................................................... 3-20 100 93
Buildings.............................................................................................. 40 665 626
Machinery, equipment, and tooling ..................................................... 3-20 3,311 2,712
Furniture and office equipment............................................................ 3-10 214 178
Construction in progress ...................................................................... — 344 265
Total................................................................................................... 4,806 4,043
Less: accumulated depreciation........................................................... (1,590)(1,183)
Total property, net.............................................................................. $ 3,216 $ 2,860
For the years ended December 31, 2013 and 2011, Delphi did not incur impairment charges related to long-lived assets
held for use. For the year ended December 31, 2012, in conjunction with the restructuring activities initiated in the fourth
quarter, as more fully discussed in Note 10. Restructuring, Delphi incurred $15 million of impairment charges related to long-
lived assets held for use in its Electronics and Safety segment.
7. INTANGIBLE ASSETS AND GOODWILL
The changes in the carrying amount of intangible assets and goodwill were as follows as of December 31, 2013 and 2012.
See Note 20. Acquisitions and Divestitures for a further description of the MVL acquisition.
As of December 31, 2013 As of December 31, 2012:
Estimated
Useful
Lives
Gross
Carrying
Amount Accumulated
Amortization
Net
Carrying
Amount
Gross
Carrying
Amount Accumulated
Amortization
Net
Carrying
Amount
(Years) (in millions) (in millions)
Amortized intangible assets:
Patents and developed technology.... 6-15 $ 671 $ 201 $ 470 $ 636 $ 142 $ 494
Customer relationships...................... 6-10 297 125 172 293 85 208
Trade names...................................... 6-20 102 21 81 103 16 87
Total..................................................... 1,070 347 723 1,032 243 789
Unamortized intangible assets:
In-process research & development.. — — — — 14 — 14
Goodwill............................................ — 496 — 496 473 — 473
Total..................................................... $ 1,566 $ 347 $ 1,219 $ 1,519 $ 243 $ 1,276