DELPHI 2015 Annual Report Download - page 157

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Table of Contents
135
Electrical/
Electronic
Architecture
Powertrain
Systems
Electronics
and Safety
Eliminations
and Other Total
(in millions)
For the Year Ended December 31, 2014:
Adjusted operating income ..................................... $ 1,060 $ 518 $ 347 $ — $ 1,925
Restructuring ...................................................... (57)(55)(28) (140)
Other acquisition and portfolio project costs ..... (15)(3)(2) — (20)
Asset impairments .............................................. (2)(1)(4) — (7)
Operating income.................................................... $ 986 $ 459 $ 313 $ 1,758
Interest expense....................................................... (135)
Other expense, net................................................... (8)
Income from continuing operations before income
taxes and equity income ...................................... 1,615
Income tax expense................................................. (255)
Equity income, net of tax ........................................ 20
Income from continuing operations ........................ 1,380
Income from discontinued operations, net of tax.... 60
Net income .............................................................. 1,440
Net income attributable to noncontrolling interest .89
Net income attributable to Delphi........................... $ 1,351
Electrical/
Electronic
Architecture
Powertrain
Systems
Electronics
and Safety
Eliminations
and Other Total
(in millions)
For the Year Ended December 31, 2013:
Adjusted operating income ..................................... $ 982 $ 470 $ 327 $ — $ 1,779
Restructuring ...................................................... (28)(53)(56) (137)
Other acquisition and portfolio project costs ..... (15) — — — (15)
Operating income.................................................... $ 939 $ 417 $ 271 $ 1,627
Interest expense....................................................... (143)
Other income, net.................................................... (18)
Income from continuing operations before income
taxes and equity income ...................................... 1,466
Income tax expense................................................. (240)
Equity income, net of tax ........................................ 15
Income from continuing operations ........................ 1,241
Income from discontinued operations, net of tax.... 60
Net income .............................................................. 1,301
Net income attributable to noncontrolling interest .89
Net income attributable to Delphi........................... $ 1,212
Information concerning principal geographic areas is set forth below. Net sales data reflects the manufacturing location
and is for the years ended December 31. Net property data is as of December 31.