DELPHI 2015 Annual Report Download - page 94

Table of Contents
72
DELPHI AUTOMOTIVE PLC
CONSOLIDATED BALANCE SHEETS
December 31,
2015 2014
(in millions)
ASSETS
Current assets:
Cash and cash equivalents ................................................................................................................................ $ 535 $ 859
Restricted cash.................................................................................................................................................. 1 1
Accounts receivable, net................................................................................................................................... 2,750 2,400
Inventories (Note 3).......................................................................................................................................... 1,181 1,013
Other current assets (Note 4)............................................................................................................................ 431 567
Current assets held for sale (Note 25) .............................................................................................................. 223 384
Total current assets...................................................................................................................................... 5,121 5,224
Long-term assets:
Property, net (Note 6) ....................................................................................................................................... 3,377 3,021
Investments in affiliates.................................................................................................................................... 94 98
Intangible assets, net (Note 7) .......................................................................................................................... 1,383 728
Goodwill (Note 7)............................................................................................................................................. 1,539 656
Other long-term assets (Note 4)........................................................................................................................ 459 483
Long-term assets held for sale (Note 25).......................................................................................................... — 511
Total long-term assets.................................................................................................................................. 6,852 5,497
Total assets .................................................................................................................................................. $ 11,973 $ 10,721
LIABILITIES AND SHAREHOLDERS’ EQUITY
Current liabilities:
Short-term debt (Note 11)................................................................................................................................. $ 52 $ 34
Accounts payable.............................................................................................................................................. 2,541 2,278
Accrued liabilities (Note 8) .............................................................................................................................. 1,204 1,221
Current liabilities held for sale (Note 25)......................................................................................................... 130 356
Total current liabilities ................................................................................................................................ 3,927 3,889
Long-term liabilities:
Long-term debt (Note 11)................................................................................................................................. 3,956 2,392
Pension benefit obligations............................................................................................................................... 854 1,002
Other long-term liabilities (Note 8).................................................................................................................. 503 390
Long-term liabilities held for sale (Note 25).................................................................................................... — 35
Total long-term liabilities............................................................................................................................ 5,313 3,819
Total liabilities............................................................................................................................................. 9,240 7,708
Commitments and contingencies (Note 13)
Shareholders’ equity:
Preferred shares, $0.01 par value per share, 50,000,000 shares authorized, none issued and outstanding...... — —
Ordinary shares, $0.01 par value per share, 1,200,000,000 shares authorized, 278,208,470 and
291,619,411 issued and outstanding as of December 31, 2015 and December 31, 2014, respectively ....... 3 3
Additional paid-in-capital................................................................................................................................. 1,653 1,700
Retained earnings ............................................................................................................................................. 1,627 1,548
Accumulated other comprehensive loss (Note 16)........................................................................................... (1,033) (741)
Total Delphi shareholders’ equity..................................................................................................................... 2,250 2,510
Noncontrolling interest .......................................................................................................................................... 483 503
Total shareholders’ equity........................................................................................................................... 2,733 3,013
Total liabilities and shareholders’ equity.......................................................................................................... $ 11,973 $ 10,721
See notes to consolidated financial statements.