DELPHI 2013 Annual Report Download - page 143

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121
Electrical/
Electronic
Architecture Powertrain
Systems Electronics
and Safety Thermal
Systems Eliminations
and Other (1) Total
(in millions)
For the Year Ended December 31, 2012:
Net sales......................................... $ 6,815 $ 4,656 $ 2,732 $ 1,541 $ (225) $ 15,519
EBITDA......................................... $ 887 $ 698 $ 274 $ 103 $ — $ 1,962
Adjusted EBITDA.......................... $ 945 $ 723 $ 363 $ 111 $ — $ 2,142
Depreciation and amortization....... $ 164 $ 182 $ 97 $ 43 $ — $ 486
Operating income (3)..................... $ 723 $ 516 $ 177 $ 60 $ — $ 1,476
Equity income (loss) ...................... $ 13 $ 1 $ 3 $ 11 $ (1) $ 27
Net income attributable to
noncontrolling interest................ $ 37 $ 31 $ — $ 15 $ — $ 83
Electrical/
Electronic
Architecture Powertrain
Systems Electronics
and Safety Thermal
Systems Eliminations
and Other (1) Total
(in millions)
For the Year Ended December 31, 2011:
Net sales......................................... $ 6,642 $ 4,970 $ 2,931 $ 1,755 $ (257) $ 16,041
EBITDA......................................... $ 868 $ 710 $ 369 $ 172 $ — $ 2,119
Adjusted EBITDA.......................... $ 880 $ 722 $ 374 $ 174 $ — $ 2,150
Depreciation and amortization....... $ 131 $ 195 $ 105 $ 44 $ — $ 475
Operating income (4)..................... $ 737 $ 515 $ 264 $ 128 $ — $ 1,644
Equity income (loss) ...................... $ 20 $ 3 $ 1 $ 6 $ (8) $ 22
Net income attributable to
noncontrolling interest................ $ 33 $ 33 $ — $ 12 $ — $ 78
(1) Eliminations and Other includes the elimination of inter-segment transactions.
(2) Includes charges recorded in 2013 related to costs associated with employee termination benefits and other exit costs of $28 million for Electrical/
Electronic Architecture, $52 million for Powertrain Systems, $56 million for Electronics and Safety and $9 million for Thermal Systems.
(3) Includes charges recorded in 2012 related to costs associated with employee termination benefits and other exit costs of $49 million for Electrical/
Electronic Architecture, $25 million for Powertrain Systems, $89 million for Electronics and Safety and $8 million for Thermal Systems.
(4) Includes charges recorded in 2011 related to costs associated with employee termination benefits and other exit costs of $12 million for Electrical/
Electronic Architecture, $12 million for Powertrain Systems, $5 million for Electronics and Safety and $2 million for Thermal Systems.
Electrical/
Electronic
Architecture Powertrain
Systems Electronics
and Safety Thermal
Systems
Eliminations
and
Other(1) Total
(in millions)
Balance as of:
December 31, 2013
Investment in affiliates.......... $ 48 $ 72 $ — $ 105 $ 9 $ 234
Goodwill................................ $ 487 $ 9 $ — $ — $ — $ 496
Capital expenditures $ 293 $ 224 $ 64 $ 77 $ 24 $ 682
Total segment assets.............. $ 5,312 $ 4,128 $ 2,018 $ 985 $ (1,396) $ 11,047
December 31, 2012
Investment in affiliates.......... $ 49 $ 77 $ — $ 88 $ 17 $ 231
Goodwill................................ $ 465 $ 8 $ — $ — $ — $ 473
Capital expenditures.............. $ 238 $ 304 $ 66 $ 63 $ 34 $ 705
Total segment assets.............. $ 4,758 $ 3,915 $ 1,701 $ 905 $ (1,103) $ 10,176
(1) Eliminations and Other includes the elimination of inter-segment transactions. Effective in 2013, Delphi’s management began presenting total segment
assets on an updated basis of presentation. As a result, the presentation of the December 31, 2012 total segment assets has been appropriately updated
to reflect the current presentation.