DELPHI 2015 Annual Report Download - page 133

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Table of Contents
111
The pre-tax effect of derivative financial instruments in the consolidated statement of operations and consolidated
statement of comprehensive income for the year ended December 31, 2015 is as follows:
Year Ended December 31, 2015
Loss Recognized in
OCI (Effective
Portion)
Loss Reclassified from
OCI into Income
(Effective Portion)
Gain Recognized in
Income (Ineffective
Portion Excluded from
Effectiveness Testing)
(in millions)
Designated derivatives instruments:
Commodity derivatives ........................................................... $(69) $ (42) $ —
Foreign currency derivatives................................................... (79)(71) —
Total.................................................................................... $(148) $ (113) $ —
Loss Recognized
in Income
(in millions)
Derivatives not designated:
Commodity derivatives .................................................................................................................................. $(3)
Foreign currency derivatives.......................................................................................................................... (20)
Total........................................................................................................................................................... $(23)
The pre-tax effect of derivative financial instruments in the consolidated statement of operations and consolidated
statement of comprehensive income for the year ended December 31, 2014 is as follows:
Year Ended December 31, 2014
Loss Recognized in
OCI (Effective
Portion)
(Loss) Gain
Reclassified from OCI
into Income (Effective
Portion)
Gain Recognized in
Income (Ineffective
Portion Excluded from
Effectiveness Testing)
(in millions)
Designated derivatives instruments:
Commodity derivatives ........................................................... $(38) $ (17) $ —
Foreign currency derivatives................................................... (86) 4 1
Total.................................................................................... $(124) $ (13) $ 1
Gain Recognized
in Income
(in millions)
Derivatives not designated:
Commodity derivatives .................................................................................................................................. $ —
Foreign currency derivatives (1) .................................................................................................................... 21
Total........................................................................................................................................................... $ 21
(1) Primarily relates to amounts recognized in other income, which offset the losses recognized due to the remeasurement of intercompany loans.
The pre-tax effect of derivative financial instruments in the consolidated statement of operations and consolidated
statement of comprehensive income for the year ended December 31, 2013 is as follows:
Year Ended December 31, 2013
(Loss) Gain
Recognized in
OCI (Effective
Portion)
(Loss) Gain
Reclassified from OCI
into Income (Effective
Portion)
Gain Recognized in
Income (Ineffective
Portion Excluded from
Effectiveness Testing)
(in millions)
Designated derivatives instruments:
Commodity derivatives ........................................................... $(25) $ (22) $ —
Foreign currency derivatives................................................... 11 25 —
Total.................................................................................... $(14) $ 3 $ —