2+10 2014 forecast march 20, 2014 financial planning & analysis

2+10 2014 Forecast

March 20, 2014Financial Planning & Analysis

Financial Planning & Analysis

Delphi Confidential2

Table Of Contents – 2+10 Forecast

• High Level Assumptions

• Income Statements and Variance Reporting

• Balance Sheet and Cash Flow

• SOCF and Net Working Capital

• Capex and Restructuring

• Common Size Reports

• ADJ Detail



Overview of 2+10 Forecast

$Mils Q1-14 Q2-14 Q3-14 Q4-14 CY-14 Q1-14 Q1-13 CY-14 CY-13

Fcst Fcst Fcst Fcst Fcst Budget Prior Year Budget Prior Year

Revenue 4,244 4,384 4,282 4,352 17,262 (5) 219 (360) 799

Growth Rate 5% 5%

EBITDA 572 608 595 664 2,438 13 44 (126) 214EBITDA Margin 13.5% 13.9% 13.9% 15.2% 14.1% 0.3 ppt 0.4 ppt (0.4 ppt) 0.6 ppt

EBITDA Adj. 604 645 639 686 2,575 11 42 (99) 191

EBITDA Adj. Margin 14.2% 14.7% 14.9% 15.8% 14.9% 0.3 ppt 0.3 ppt (0.3 ppt) 0.4 ppt

Operating Income 430 469 438 505 1,843 10 33 (126) 158OI Margin 10.1% 10.7% 10.2% 11.6% 10.7% 0.2 ppt 0.3 ppt (0.5 ppt) 0.4 ppt

OI Adj. 464 506 483 528 1,980 8 32 (99) 135OI Adj. Margin 10.9% 11.5% 11.3% 12.1% 11.5% 0.2 ppt 0.2 ppt (0.3 ppt) 0.3 ppt

Net Income 295 342 330 377 1,344 (8) 19 (86) 132

NI Adj. 344 374 368 396 1,483 11 8 (44) 111

Earnings Per Share $0.96 $1.12 $1.08 $1.22 $4.38 ($0.02) $0.08 ($0.25) $0.53

EPS Adj. $1.12 $1.22 $1.20 $1.29 $4.83 $0.04 $0.06 ($0.11) $0.48

CFBF (146) 270 258 603 985 93 (90) (90) (110)

Ending Cash Balance 1,031 1,225 1,308 1,834 1,834Debt 2,446 2,446 2,446 2,446 2,446Net Cash/(Net Debt) Balance (1,414) (1,221) (1,138) (612) (612)

Memo:GAAP ETR 19.2% 18.9% 15.7% 17.1% 17.7% (0.2 ppt) (7.9 ppt) 1.3 ppt (0.9 ppt)

Adj. ETR 20.2% 18.6% 15.7% 17.0% 17.8% (1.7 ppt) (7.7 ppt) 0.8 ppt (0.6 ppt)

Memo: Q1 VariancesFav/(Unfav)

Memo: CY VariancesFav/(Unfav)



Q1 2+10 Forecast

$Mils2+10 Fcst. Low Med Hi Consensus

Revenue 4,244 4,200 4,250 4,300 4,281

OI Adj. 464 435 448 460 454

OI Adj. Margin 10.9% 10.4% 10.5% 10.7% 10.6%

EPS Adj. 1.12 1.04 1.06 1.08 1.08

Memo: Euro / $ 1.35 1.34 1.34 1.34 N/A

Est Revenue Variance due to FX N/A 12 12 12 N/A

Guidance

5

High Level Assumptions


Delphi Confidential

IHS Volume OutlookCompared to 2013

6

# Delphi Weighted Market is Delphi Market Growth in each region weighted by the proportion of total revenue# Delphi Markets for 2014 analysis include all markets

2014 vs 2013in 000's Q1-13 Q2-13 Q3-13 Q4-13 CY 2013 Q1-14 Q2-14 Q3-14 Q4-14 CY 2014 Q1 YoY Q2 YoY Q3 YoY Q4 YoY CY YoYGMNA 809 842 797 841 3,289 844 873 825 793 3,336 4.4% 3.7% 3.6% (5.7%) 1.4%

GM Top 5 638 674 652 667 2,632 665 699 662 621 2,647 4.1% 3.7% 1.5% (6.8%) 0.6%Japan NALV 1,351 1,403 1,285 1,318 5,358 1,478 1,454 1,441 1,410 5,783 9.4% 3.6% 12.1% 6.9% 7.9%Other NA 1,960 2,139 1,922 1,987 8,008 2,045 2,110 2,079 1,943 8,178 4.3% (1.3%) 8.2% (2.2%) 2.1%North America 4,120 4,384 4,004 4,147 16,655 4,368 4,438 4,345 4,147 17,298 6.0% 1.2% 8.5% (0.0%) 3.9%Asia 11,289 10,949 10,784 12,077 45,099 11,967 11,213 11,248 12,127 46,555 6.0% 2.4% 4.3% 0.4% 3.2%

China 5,402 5,355 5,196 6,179 22,132 6,006 5,859 5,689 6,425 23,979 11.2% 9.4% 9.5% 4.0% 8.3%India 1,106 945 961 918 3,931 993 999 1,082 1,082 4,156 (10.2%) 5.7% 12.6% 17.8% 5.7%

Japan 2,330 2,230 2,417 2,458 9,435 2,651 1,990 2,096 2,082 8,819 13.8% (10.7%) (13.3%) (15.3%) (6.5%)S. Korea 1,120 1,176 959 1,270 4,524 1,108 1,133 1,061 1,161 4,463 (1.0%) (3.6%) 10.6% (8.6%) (1.3%)Other AP 1,331 1,243 1,251 1,252 5,077 1,209 1,231 1,320 1,377 5,137 (9.2%) (0.9%) 5.5% 10.0% 1.2%

Europe 4,967 5,298 4,705 5,112 20,082 5,197 5,332 4,683 5,144 20,356 4.6% 0.6% (0.5%) 0.6% 1.4%East Europe 1,693 1,830 1,688 1,824 7,035 1,736 1,859 1,692 1,824 7,111 2.6% 1.6% 0.2% (0.0%) 1.1%

West Europe 3,275 3,468 3,017 3,287 13,047 3,461 3,473 2,992 3,319 13,245 5.7% 0.1% (0.8%) 1.0% 1.5%South America 1,079 1,319 1,282 1,125 4,805 1,039 1,230 1,304 1,243 4,815 (3.8%) (6.8%) 1.7% 10.5% 0.2%Total w/o MEA 21,455 21,950 20,776 22,461 86,642 22,570 22,212 21,581 22,661 89,024 5.2% 1.2% 3.9% 0.9% 2.7%

Middle East/Africa 438 351 333 413 1,536 430 414 455 508 1,807 (1.9%) 17.8% 36.7% 22.9% 17.7%

Total Global 21,893 22,301 21,109 22,874 88,177 23,000 22,625 22,036 23,169 90,831 5.1% 1.5% 4.4% 1.3% 3.0%

RegionsNorth America 4,120 4,384 4,004 4,147 16,655 4,368 4,438 4,345 4,147 17,298 6.0% 1.2% 8.5% (0.0%) 3.9%Europe 4,967 5,298 4,705 5,112 20,082 5,197 5,332 4,683 5,144 20,356 4.6% 0.6% (0.5%) 0.6% 1.4%Asia Pacific 11,289 10,949 10,784 12,077 45,099 11,967 11,213 11,248 12,127 46,555 6.0% 2.4% 4.3% 0.4% 3.2%South America 1,079 1,319 1,282 1,125 4,805 1,039 1,230 1,304 1,243 4,815 (3.8%) (6.8%) 1.7% 10.5% 0.2%MEA 438 351 333 413 1,536 430 414 455 508 1,807 (1.9%) 17.8% 36.7% 22.9% 17.7%

Delphi Served Mkt 21,893 22,301 21,109 22,874 88,177 23,000 22,625 22,036 23,169 90,831 5.1% 1.5% 4.4% 1.3% 3.0%

Delphi Weighted Market 4.9% 0.8% 3.7% 0.9% 2.5%

Includes Medium/Heavy Duty Trucks

CY 2013 (Feb-14 IHS) CY 2014 (Feb-14 IHS) YoY Variance (2014 vs. 2013)


Delphi Confidential

IHS Volume OutlookCompared to BBP

7

# Delphi Weighted Market is Delphi Market Growth in each region weighted by the proportion of total revenue# Delphi Markets for 2014 analysis include all markets

Feb-14 IHS v BBP-14

in 000's Q1-14 Q2-14 Q3-14 Q4-14 CY 2014 Q1-14 Q2-14 Q3-14 Q4-14 CY 2014 Q1-14 Q2-14 Q3-14 Q4-14 CY 2014GMNA 863 903 847 797 3,410 844 873 825 793 3,336 (2.2%) (3.2%) (2.6%) (0.5%) (2.2%)

GM Top 5 662 709 671 649 2,691 665 699 662 621 2,647 0.4% (1.3%) (1.3%) (4.3%) (1.6%)Japan NALV 1,481 1,482 1,409 1,366 5,739 1,478 1,454 1,441 1,410 5,783 (0.2%) (1.9%) 2.2% 3.2% 0.8%Other NA 2,100 2,114 2,062 1,950 8,225 2,045 2,110 2,079 1,943 8,178 (2.6%) (0.1%) 0.9% (0.3%) (0.6%)North America 4,445 4,498 4,318 4,113 17,374 4,368 4,438 4,345 4,147 17,298 (1.7%) (1.3%) 0.6% 0.8% (0.4%)Asia 11,703 11,299 11,158 11,658 45,818 11,967 11,213 11,248 12,127 46,555 2.3% (0.8%) 0.8% 4.0% 1.6%

China 5,850 5,858 5,476 5,937 23,121 6,006 5,859 5,689 6,425 23,979 2.7% 0.0% 3.9% 8.2% 3.7%India 1,013 1,017 1,148 1,084 4,261 993 999 1,082 1,082 4,156 (1.9%) (1.7%) (5.8%) (0.2%) (2.5%)

Japan 2,462 1,988 2,095 2,062 8,607 2,651 1,990 2,096 2,082 8,819 7.7% 0.1% 0.0% 1.0% 2.5%S. Korea 1,062 1,119 1,071 1,170 4,422 1,108 1,133 1,061 1,161 4,463 4.3% 1.3% (0.9%) (0.8%) 0.9%Other AP 1,316 1,318 1,368 1,405 5,406 1,209 1,231 1,320 1,377 5,137 (8.1%) (6.6%) (3.5%) (2.0%) (5.0%)

Europe 5,124 5,211 4,690 5,040 20,064 5,197 5,332 4,683 5,144 20,356 1.4% 2.3% (0.1%) 2.1% 1.5%East Europe 1,805 1,898 1,737 1,816 7,255 1,736 1,859 1,692 1,824 7,111 (3.8%) (2.0%) (2.6%) 0.4% (2.0%)

West Europe 3,319 3,313 2,953 3,223 12,809 3,461 3,473 2,992 3,319 13,245 4.3% 4.8% 1.3% 3.0% 3.4%South America 1,113 1,279 1,328 1,267 4,987 1,039 1,230 1,304 1,243 4,815 (6.7%) (3.8%) (1.9%) (1.9%) (3.4%)Total w/o MEA 22,385 22,286 21,495 22,078 88,243 22,570 22,212 21,581 22,661 89,024 0.8% (0.3%) 0.4% 2.6% 0.9%

Middle East/Africa 438 431 465 498 1,833 430 414 455 508 1,807 (1.9%) (4.1%) (2.1%) 2.0% (1.4%)

Total Global 22,823 22,717 21,960 22,576 90,076 23,000 22,625 22,036 23,169 90,831 0.8% (0.4%) 0.3% 2.6% 0.8%

Regions

North America 4,445 4,498 4,318 4,113 17,374 4,368 4,438 4,345 4,147 17,298 (1.7%) (1.3%) 0.6% 0.8% (0.4%)Europe 5,124 5,211 4,690 5,040 20,064 5,197 5,332 4,683 5,144 20,356 1.4% 2.3% (0.1%) 2.1% 1.5%Asia Pacific 11,703 11,299 11,158 11,658 45,818 11,967 11,213 11,248 12,127 46,555 2.3% (0.8%) 0.8% 4.0% 1.6%South America 1,113 1,279 1,328 1,267 4,987 1,039 1,230 1,304 1,243 4,815 (6.7%) (3.8%) (1.9%) (1.9%) (3.4%)MEA 438 431 465 498 1,833 430 414 455 508 1,807 (1.9%) (4.1%) (2.1%) 2.0% (1.4%)

Delphi Served Mkt 22,823 22,717 21,960 22,576 90,076 23,000 22,625 22,036 23,169 90,831 0.8% (0.4%) 0.3% 2.6% 0.8%

Delphi Weighted Market 0.1% 0.1% 0.2% 1.8% 0.6%

Includes Medium/Heavy Duty Trucks

CY 2014 BBP-14 (Sep-13 IHS Adj.) CY 2014 (Feb-14 IHS) 2014 Variance vs BBP IHS



Key FX & Commodity Rates2+10 Forecast

Q1-14 Q2-14 Q3-14 Q4-14 CY-14 Q1-14 Q2-14 Q3-14 Q4-14 CY-14 Q1-13 Q2-13 Q3-13 Q4-13 CY-13

2+10 Fcst 2+10 Fcst 2+10 Fcst 2+10 Fcst 2+10 Fcst Budget Budget Budget Budget Budget Actual Actual Actual Actual Actual

Euro (USD/Euro) 1.35 1.33 1.33 1.33 1.34 1.30 1.30 1.30 1.30 1.30 1.32 1.31 1.32 1.36 1.33CNY (CNY/USD) 6.09 6.08 6.08 6.08 6.08 6.15 6.15 6.15 6.15 6.15 6.28 6.22 6.18 6.14 6.21BRL (BRL/USD) 2.37 2.35 2.35 2.35 2.36 2.25 2.25 2.25 2.25 2.25 2.00 2.07 2.29 2.28 2.16GBP (USD/GBP) 1.64 1.63 1.63 1.63 1.64 1.53 1.53 1.53 1.53 1.53 1.55 1.54 1.55 1.62 1.56Peso (Peso/USD) 13.19 13.10 13.10 13.10 13.12 12.75 12.75 12.75 12.75 12.75 12.65 12.47 12.89 13.02 12.76

Copper per lb. 3.32 3.40 3.40 3.40 3.38 3.50 3.50 3.50 3.50 3.50 3.60 3.24 3.21 3.24 3.32Aluminum* per lb. 0.82 0.90 0.90 0.90 0.88 0.95 0.95 0.95 0.95 0.95 0.91 0.83 0.81 0.80 0.84Oil per bbl 98.57 100.00 100.00 100.00 99.64 100.00 100.00 100.00 100.00 100.00 94.75 94.20 105.77 96.80 97.88

* Primary Aluminum

Euro (USD/Euro) 2.7% (2.7%) 0.6% (0.6%)CNY (CNY/USD) 1.1% (1.1%) 2.0% (2.0%)BRL (BRL/USD) (4.7%) 4.7% (9.2%) 9.2%GBP (USD/GBP) 6.7% (6.7%) 4.3% (4.3%)Peso (Peso/USD) (2.9%) 2.9% (2.9%) 2.9%

Copper per lb. (3.4%) 3.4% 1.7% (1.7%)Aluminum* per lb. (7.4%) 7.4% 5.0% (5.0%)Oil per bbl (0.4%) 0.4% 1.8% (1.8%)

Average Rates

2014 2+10 Fcst vs. 2014 Budget 2014 2+10 Fcst vs. 2013 ActualAverage RatesVariance Impact Impact

Revenue (Long) Expenses (Short) Revenue (Long) Expenses (Short)

9

Income Statement and Variance Reporting



2+10 Forecast vs Lower Revenue ScenarioRevenue

Memo:

2+ 10 LRS ADJ BBP ADJLRS ADJ V

2+10BBP ADJ V

2+10 BBP (Unadj)PT 3,949 4,188 4,360 (238) (410) 4,275 Thermal 1,523 1,519 1,559 3 (37) 1,550 E&S 2,938 2,877 2,988 62 (49) 2,950 EEA 8,250 8,229 8,285 20 (35) 8,250 DPSS 1,120 1,071 1,122 49 (2) 1,100

Div Total 17,780 17,885 18,314 (104) (533) 18,125

HQ (519) (494) (503) (25) (16) (503)

Total Delphi 17,262 17,391 17,811 (129) (549) 17,622

Revenue 2014

($Millions)

Note: ADJ. is FX Adjusted



2+10 Forecast vs Lower Revenue ScenarioPerformance

Orig. LRS Price /

Performance

2+10 V BBP Total Price / Performance

2+10 Perf vs LRS Perf

Holding OI $

to BBP(1)Recommended Task Comments:

PT 60 74 14 90 40 Claw back half of the incremental volume loss and achieve 495Thermal 9 (13) (22) 23 15 Recover performance shortfall to budgetE&S 49 10 (39) 28 25 Back to budgetEEA 15 2 (13) (4) 15 Implement inits (this puts them slightly favorable to O.I. budget)DPSS 11 (4) (15) 3 Forecast is stretched

Div Total 144 69 (75) 140 95

HQ (11) (11) 11 5

Total Delphi 144 58 (86) 151 100

LRS Revenue 17,202 BBP Rev 17,622

(420) Var * ~35% 144

(1) FX Adjusted

($Millions)



Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2014 Lower Revenue Scenario – FX Adjusted

Revenue OI-ADJ OI Adj % to SalesCY CY CY CY CY CY CY

Powertrain 3,949 642 455 11.5% 3,949 455 11.5%Thermal 1,523 107 56 3.7% 1,523 56 3.7%E&S 2,938 426 346 11.8% 2,938 346 11.8%E/EA 8,250 1,324 1,068 12.9% 8,250 1,068 12.9%DPSS 1,120 132 114 10.2% 1,120 114 10.2%

Div. Subtotal 17,780 2,631 2,039 11.5% 17,780 2,039 11.5%HQ - (56) (59) N/A - (59) N/AEliminations (519) - - N/A (519) - N/A

Total 17,262 2,575 1,980 11.5% 17,262 1,980 11.5%




Total 17,202 2,675 2,081 12.1% 17,391 2,132 12.3%+


Powertrain (154) (87) (78) (1.5%) (238) (90) (1.5%)Thermal 12 (25) (25) (1.7%) 3 (23) (1.5%)E&S 100 (24) (27) (1.4%) 62 (29) (1.3%)E/EA 55 0 (5) (0.1%) 20 (1) (0.0%)DPSS 71 1 0 (0.6%) 49 (3) (0.7%)

Div. Subtotal 85 (135) (133) (0.8%) (104) (146) (0.7%)HQ - 35 32 N/A - (7) N/AEliminations (25) - - N/A (25) - N/A

Total 60 (100) (101) (0.6%) (129) (152) (0.8%)

Variance Variance - FX AdjustedRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales

2014 - Lower Revenue Scenario 2014 - L.R.S FX AdjustedRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales

2014 - 2+10 Fcst 2014 - 2+10 FcstRevenue EBITDA Adj OI Adj OI Adj % to Sales



Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2013 Actual – FX Adjusted




Total 17,262 2,575 1,980 11.5% 17,262 1,980 11.5%


Powertrain 3,718 568 402 10.8% 3,749 394 10.5%Thermal 1,468 82 39 2.7% 1,466 34 2.3%E&S 2,830 399 326 11.5% 2,844 329 11.6%E/EA 7,972 1,246 1,013 12.7% 7,963 994 12.5%DPSS 1,062 109 88 8.3% 1,070 90 8.4%

Div. Subtotal 17,051 2,404 1,868 11.0% 17,091 1,841 10.8%HQ 0 (20) (23) N/A 0 10 N/AEliminations (588) - - N/A (588) - N/A

Total 16,463 2,385 1,846 11.2% 16,503 1,852 11.2%+


Powertrain 231 74 54 0.7% 200 61 1.0%Thermal 54 26 17 1.0% 57 22 1.4%E&S 108 27 20 0.3% 95 17 0.2%E/EA 278 78 54 0.2% 287 74 0.5%DPSS 58 22 26 1.9% 51 24 1.8%

Div. Subtotal 729 227 171 0.5% 689 198 0.7%HQ (0) (36) (36) N/A (0) (69) N/AEliminations 69 - - N/A 69 - N/A

Total 799 191 135 0.3% 759 129 0.3%


2013 - Actual 2013 Actual FX AdjustedRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales




Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2014 BBP – FX Adjusted




Total 17,262 2,575 1,980 11.5% 17,262 1,980 11.5%




Total 17,622 2,675 2,079 11.8% 17,811 2,131 12.0%+


Powertrain (325) (87) (78) (0.9%) (410) (90) (1.0%)Thermal (28) (25) (24) (1.5%) (37) (23) (1.4%)E&S (11) (24) (25) (0.8%) (49) (28) (0.7%)E/EA (0) 4 0 0.0% (35) 4 0.1%DPSS 20 1 0 (0.2%) (2) (3) (0.3%)

Div. Subtotal (344) (131) (127) (0.5%) (533) (140) (0.4%)HQ - 31 28 N/A - (11) N/AEliminations (16) - - N/A (16) - N/A

Total (360) (99) (99) (0.3%) (549) (151) (0.5%)


2014 - BBP 2014 - BBP FX AdjustedRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales




Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 2013 Actual

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain 940 1,000 970 1,039 3,949 126 151 163 202 642 81 105 115 154 455 8.6% 10.5% 11.8% 14.8% 11.5%Thermal 383 374 385 381 1,523 19 23 33 33 107 7 10 20 19 56 1.9% 2.7% 5.1% 5.1% 3.7%E&S 727 744 733 734 2,938 98 113 107 107 426 79 94 87 87 346 10.8% 12.6% 11.8% 11.9% 11.8%E/EA 2,094 2,117 2,020 2,020 8,250 325 346 325 328 1,324 262 282 261 263 1,068 12.5% 13.3% 12.9% 13.0% 12.9%DPSS 229 282 302 307 1,120 22 33 39 38 132 18 28 34 34 114 7.7% 10.0% 11.3% 11.0% 10.2%HQ - - - - - 15 (20) (27) (23) (56) 16 (13) (32) (30) (59) N/A N/A N/A N/A N/AEliminations (129) (133) (127) (129) (519) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 4,244 4,384 4,282 4,352 17,262 604 645 639 686 2,575 464 506 483 528 1,980 10.9% 11.5% 11.3% 12.1% 11.5%

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain 950 978 876 914 3,718 137 163 115 152 568 95 124 74 108 402 10.0% 12.7% 8.4% 11.8% 10.8%Thermal 360 373 364 371 1,468 24 24 16 18 82 14 13 5 7 39 3.9% 3.5% 1.4% 2.0% 2.7%E&S 694 725 704 708 2,830 89 109 100 102 399 70 91 82 83 326 10.1% 12.5% 11.6% 11.7% 11.5%E/EA 1,921 2,044 1,956 2,051 7,972 283 327 311 326 1,246 229 270 250 264 1,013 11.9% 13.2% 12.8% 12.9% 12.7%DPSS 247 277 269 269 1,062 24 29 27 30 109 18 23 22 26 88 7.3% 8.2% 8.1% 9.5% 8.3%HQ 0 - - - 0 6 (5) (4) (16) (20) 5 (7) (4) (17) (23) N/A N/A N/A N/A N/AEliminations (147) (158) (152) (130) (588) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 4,024 4,240 4,016 4,183 16,463 562 646 566 611 2,385 432 513 429 472 1,846 10.7% 12.1% 10.7% 11.3% 11.2%

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain (10) 22 94 125 231 (11) (12) 47 50 74 (14) (19) 41 46 54 (1.4%) (2.2%) 3.4% 3.0% 0.7%Thermal 23 1 21 10 54 (6) (1) 17 16 26 (7) (3) 14 12 17 (2.0%) (0.8%) 3.7% 3.1% 1.0%E&S 34 19 28 26 108 10 5 7 6 27 8 3 5 4 20 0.7% 0.0% 0.2% 0.1% 0.3%E/EA 173 72 64 (31) 278 42 18 15 3 78 33 12 10 (1) 54 0.6% 0.1% 0.1% 0.1% 0.2%DPSS (18) 5 33 38 58 (2) 4 11 8 22 (0) 6 12 8 26 0.4% 1.8% 3.2% 1.5% 1.9%HQ (0) - - - (0) 9 (15) (23) (7) (36) 12 (6) (28) (13) (36) N/A N/A N/A N/A N/AEliminations 18 25 25 1 69 - - - - - - - - - - N/A N/A N/A N/A N/A

Total 219 144 265 169 799 42 (0) 74 75 191 32 (8) 54 56 135 0.2% (0.6%) 0.6% 0.8% 0.3%

VarianceRevenue EBITDA Adj OI Adj OI Adj % to Sales

2013 ActualRevenue EBITDA Adj OI Adj OI Adj % to Sales

2014 - 2+10 FcstRevenue EBITDA Adj OI Adj OI Adj % to Sales



Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs 1+11 Fcst


Total 4,244 4,384 4,282 4,352 17,262 604 645 639 686 2,575 464 506 483 528 1,980 10.9% 11.5% 11.3% 12.1% 11.5%

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain 937 989 970 1,037 3,933 127 157 162 199 645 83 112 114 152 460 8.8% 11.3% 11.8% 14.6% 11.7%Thermal 381 380 394 382 1,537 19 24 37 33 113 7 11 23 19 61 2.0% 2.9% 5.9% 5.1% 4.0%E&S 723 742 732 738 2,936 99 114 107 108 427 79 93 87 87 346 10.9% 12.6% 11.8% 11.8% 11.8%E/EA 2,093 2,134 2,036 2,038 8,300 317 353 331 327 1,328 255 290 266 263 1,074 12.2% 13.6% 13.1% 12.9% 12.9%DPSS 232 274 297 305 1,107 24 33 38 36 132 20 28 34 32 114 8.6% 10.3% 11.4% 10.6% 10.3%HQ - - - - - (1) (23) (25) (21) (70) (1) (17) (30) (25) (74) N/A N/A N/A N/A N/AEliminations (126) (131) (129) (125) (512) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 4,239 4,388 4,300 4,374 17,301 585 657 649 683 2,574 443 517 494 528 1,981 10.4% 11.8% 11.5% 12.1% 11.5%

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain 3 11 (0) 2 16 (1) (6) 1 3 (3) (1) (7) 0 3 (5) (0.2%) (0.8%) 0.0% 0.2% (0.2%)Thermal 1 (6) (9) (0) (14) (1) (1) (4) 0 (6) (0) (1) (4) (0) (5) (0.1%) (0.2%) (0.8%) (0.0%) (0.3%)E&S 4 2 1 (4) 3 (1) (0) 0 (0) (1) (0) 0 0 (0) (0) (0.1%) (0.0%) 0.0% 0.1% (0.0%)E/EA 1 (17) (16) (18) (50) 8 (8) (5) 1 (4) 7 (8) (6) 0 (6) 0.3% (0.3%) (0.2%) 0.1% 0.0%DPSS (2) 8 4 2 13 (2) 0 0 2 (0) (2) 0 0 2 (0) (0.9%) (0.3%) (0.0%) 0.4% (0.1%)HQ - - - - - 16 3 (2) (2) 15 18 4 (2) (4) 15 N/A N/A N/A N/A N/AEliminations (3) (1) 2 (4) (7) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 5 (4) (18) (22) (39) 19 (12) (10) 4 1 21 (11) (11) (0) (1) 0.5% (0.2%) (0.2%) 0.1% 0.0%

VarianceRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales

2014 - 1+11 FcstRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales




Sales, EBITDA Adj. & OI Adj. 2+10 Fcst vs Budget


Total 4,244 4,384 4,282 4,352 17,262 604 645 639 686 2,575 464 506 483 528 1,980 10.9% 11.5% 11.3% 12.1% 11.5%

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain 993 1,049 1,071 1,162 4,275 147 177 182 222 729 100 129 132 172 533 10.0% 12.3% 12.3% 14.8% 12.5%Thermal 376 392 393 390 1,550 24 32 38 39 133 11 18 25 26 80 3.0% 4.7% 6.3% 6.5% 5.2%E&S 722 739 730 758 2,950 100 116 112 121 450 82 93 93 102 371 11.4% 12.6% 12.8% 13.5% 12.6%E/EA 2,034 2,136 2,045 2,036 8,250 304 353 336 328 1,320 242 289 273 264 1,068 11.9% 13.5% 13.3% 13.0% 12.9%DPSS 247 286 287 280 1,100 26 35 36 34 131 22 30 31 30 114 8.9% 10.6% 10.9% 10.8% 10.4%HQ - - - - - (8) (31) (23) (25) (87) (2) (18) (33) (33) (87) N/A N/A N/A N/A N/AEliminations (122) (128) (127) (126) (503) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 4,249 4,474 4,399 4,501 17,622 594 681 681 719 2,675 456 542 521 561 2,079 10.7% 12.1% 11.8% 12.5% 11.8%

Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYPowertrain (53) (48) (101) (123) (325) (21) (26) (20) (20) (87) (18) (24) (18) (18) (78) (1.4%) (1.8%) (0.5%) 0.1% (0.9%)Thermal 7 (18) (8) (9) (28) (6) (9) (5) (5) (25) (4) (8) (5) (6) (24) (1.2%) (2.0%) (1.2%) (1.5%) (1.5%)E&S 5 5 2 (24) (11) (2) (3) (5) (14) (24) (4) 0 (7) (15) (25) (0.6%) (0.0%) (0.9%) (1.6%) (0.8%)E/EA 60 (19) (25) (16) (0) 21 (7) (10) 1 4 20 (7) (12) (1) 0 0.6% (0.2%) (0.4%) 0.0% 0.0%DPSS (17) (3) 14 27 20 (4) (2) 3 4 1 (4) (2) 3 4 0 (1.2%) (0.6%) 0.4% 0.2% (0.2%)HQ - - - - - 22 11 (4) 2 31 18 5 1 4 28 N/A N/A N/A N/A N/AEliminations (7) (5) 0 (3) (16) - - - - - - - - - - N/A N/A N/A N/A N/A

Total (5) (90) (117) (148) (360) 11 (36) (41) (33) (99) 8 (36) (38) (33) (99) 0.2% (0.6%) (0.6%) (0.3%) (0.3%)

VarianceRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales

2014 - BBPRevenue EBITDA Adj. OI Adj. OI Adj. % to Sales




2015 Sales, EBITDA Adj. & OI Adj. 2+10 Fcst YOY

Q1 Q2 Q3 Q4 Q1 - 15 Q1 Q2 Q3 Q4 Q1 - 15 Q1 Q2 Q3 Q4 Q1 - 15 Q1 Q2 Q3 Q4 Q1 - 15Powertrain 940 1,000 970 1,039 1,092 126 151 163 202 177 81 105 115 154 127 8.6% 10.5% 11.8% 14.8% 11.6%Thermal 383 374 385 381 396 19 23 33 33 34 7 10 20 19 20 1.9% 2.7% 5.1% 5.1% 5.1%E&S 727 744 733 734 740 98 113 107 107 111 79 94 87 87 90 10.8% 12.6% 11.8% 11.9% 12.2%E/EA 2,094 2,117 2,020 2,020 2,220 325 346 325 328 354 262 282 261 263 289 12.5% 13.3% 12.9% 13.0% 13.0%DPSS 229 282 302 307 269 22 33 39 38 30 18 28 34 34 26 7.7% 10.0% 11.3% 11.0% 9.6%HQ - - - - - 15 (20) (27) (23) (34) 16 (13) (32) (30) (34) N/A N/A N/A N/A N/AEliminations (129) (133) (127) (129) (137) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 4,244 4,384 4,282 4,352 4,581 604 645 639 686 672 464 506 483 528 518 10.9% 11.5% 11.3% 12.1% 11.3%

Q1 Q2 Q3 Q4 Q1-14 Q1 Q2 Q3 Q4 Q1-14 Q1 Q2 Q3 Q4 Q1-14 Q1 Q2 Q3 Q4 Q1-14Powertrain 950 978 876 914 940 137 163 115 152 126 95 124 74 108 81 10.0% 12.7% 8.4% 11.8% 8.6%Thermal 360 373 364 371 383 24 24 16 18 19 14 13 5 7 7 3.9% 3.5% 1.4% 2.0% 1.9%E&S 694 725 704 708 727 89 109 100 102 98 70 91 82 83 79 10.1% 12.5% 11.6% 11.7% 10.8%E/EA 1,921 2,044 1,956 2,051 2,094 283 327 311 326 325 229 270 250 264 262 11.9% 13.2% 12.8% 12.9% 12.5%DPSS 247 277 269 269 229 24 29 27 30 22 18 23 22 26 18 7.3% 8.2% 8.1% 9.5% 7.7%HQ 0 - - - - 6 (5) (4) (16) 15 5 (7) (4) (17) 16 N/A N/A N/A N/A N/AEliminations (147) (158) (152) (130) (129) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 4,024 4,240 4,016 4,183 4,244 562 646 566 611 604 432 513 429 472 464 10.7% 12.1% 10.7% 11.3% 10.9%

Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1 Q1 Q2 Q3 Q4 Q1Powertrain (10) 22 94 125 152 (11) (12) 47 50 51 (14) (19) 41 46 45 (1.4%) (2.2%) 3.4% 3.0% 2.9%Thermal 23 1 21 10 13 (6) (1) 17 16 16 (7) (3) 14 12 13 (2.0%) (0.8%) 3.7% 3.1% 3.2%E&S 34 19 28 26 13 10 5 7 6 13 8 3 5 4 11 0.7% 0.0% 0.2% 0.1% 1.3%E/EA 173 72 64 (31) 127 42 18 15 3 29 33 12 10 (1) 27 0.6% 0.1% 0.1% 0.1% 0.5%DPSS (18) 5 33 38 40 (2) 4 11 8 8 (0) 6 12 8 8 0.4% 1.8% 3.2% 1.5% 1.9%HQ (0) - - - - 9 (15) (23) (7) (49) 12 (6) (28) (13) (50) N/A N/A N/A N/A N/AEliminations 18 25 25 1 (7) - - - - - - - - - - N/A N/A N/A N/A N/A

Total 219 144 265 169 337 42 (0) 74 75 68 32 (8) 54 56 54 0.2% (0.6%) 0.6% 0.8% 0.4%

EBITDA Adj OI Adj OI Adj % to Sales

Revenue EBITDA Adj OI Adj OI Adj % to Sales

2014 & Q1 2015- 2+10 Fcst

2013 Actual & Q1 2014 2+10 Fcst

Variance

Revenue EBITDA Adj OI Adj OI Adj % to Sales

Revenue



Segment MetricsCY 2014 – 2+10 Forecast

Q1-14 Q2-14 Q3-14 Q4-14 CY-14 CY Var CY Var$Mils Fcst Fcst Fcst Fcst Fcst vs Budget vs Prior Year

Powertrain SystemsSales 1,095 1,206 1,198 1,268 4,767 (324) 343

OI Adj. 103 130 139 179 551 (70) 68OI Adj. % 9.5% 10.8% 11.6% 14.1% 11.6% (0.6 ppt) 0.6 ppt

ThermalSales 383 374 385 381 1,523 (28) 54


E&SSales 727 744 733 734 2,938 (11) 108


EEASales 2,094 2,117 2,020 2,020 8,250 (0) 278

OI Adj. 270 276 246 249 1,041 13 39OI Adj. % 12.9% 13.0% 12.2% 12.4% 12.6% 0.2 ppt 0.0 ppt

Elims/OtherSales (55) (57) (54) (51) (216) 3 15

Total DelphiSales 4,244 4,384 4,282 4,352 17,262 (360) 799

OI Adj. 464 506 483 528 1,980 (99) 135OI Adj. % 10.9% 11.5% 11.3% 12.1% 11.5% (0.3 ppt) 0.3 ppt



Division MetricsCY 2014 – 2+10 Forecast

Q1-14 Q2-14 Q3-14 Q4-14 CY-14 CY Var CY Var$Mils Fcst Fcst Fcst Fcst Fcst vs Budget vs Prior Year

Powertrain SystemsSales 940 1,000 970 1,039 3,949 (325) 231


SOCF (29) 38 143 132 283 (54) (68)

ThermalSales 383 374 385 381 1,523 (28) 54


SOCF (45) 5 0 56 17 (38) 26

E&SSales 727 744 733 734 2,938 (11) 108


SOCF (9) 71 49 140 251 (29) (3)

EEASales 2,094 2,117 2,020 2,020 8,250 (0) 278

OI Adj. 262 282 261 263 1,068 0 54OI Adj. % 12.5% 13.3% 12.9% 13.0% 12.9% 0.0 ppt 0.2 ppt

SOCF 56 256 236 338 886 (68) (14)

DPSSSales 229 282 302 307 1,120 20 58

OI Adj. 18 28 34 34 114 0 26OI Adj. % 7.7% 10.0% 11.3% 11.0% 10.2% (0.2 ppt) 1.9 ppt

SOCF 13 21 21 50 105 (4) 27

HQ/ElimsSales (129) (133) (127) (129) (519) (16) 69

OI Adj. 16 (13) (32) (30) (59) 28 (36)OI Adj. %



CFBF (146) 270 258 603 985 (90) (110)



Region Metrics(Managerial Basis)CY 2014 – 2+10 Forecast

Q1-14 Q2-14 Q3-14 Q4-14 CY-14 CY Var CY Var$Mils Fcst Fcst Fcst Fcst Fcst vs Budget vs Prior YearNorth America

Sales 1,462 1,505 1,502 1,383 5,852 (30) 242

OI Adj. 186 204 195 162 747 11 20OI Adj. % 12.8% 13.6% 13.0% 11.7% 12.8% 0.3 ppt (0.2 ppt)

EMEASales 1,730 1,732 1,629 1,716 6,806 (70) 134


Asia PacificSales 984 1,017 1,010 1,110 4,121 (84) 417

OI Adj. 141 130 129 158 558 (22) 33OI Adj. % 14.4% 12.8% 12.8% 14.3% 13.6% (0.3 ppt) (0.6 ppt)

South AmericaSales 198 242 254 252 945 (151) (38)

OI Adj. (4) 18 21 19 54 (35) 11OI Adj. % -2.2% 7.4% 8.2% 7.6% 5.7% (2.4 ppt) 1.4 ppt

Other/EliminationsSales (129) (112) (113) (108) (461) (26) 43





2+10 Income Statement by QuarterTotal Delphi Q1-14 Q2-14 Q3-14 Q4-14 CY-14 Q1-14 Q1-13 CY-14 CY-13$ Mils Fcst Fcst Fcst Fcst Fcst Budget Prior Year Budget Prior Year

Total Sales 4,244 4,384 4,282 4,352 17,262 (5) 219 (360) 799

Total Material 2,141 2,221 2,152 2,199 8,714 23 (107) 200 (358) Material % 50.5% 50.7% 50.3% 50.5% 50.5% 0.5 ppt 0.1 ppt 0.1 ppt 0.3 ppt

Manufacturing (incl PvS & excl D&A) 791 798 769 763 3,121 (10) (25) 66 19 Manufacturing % 18.6% 18.2% 18.0% 17.5% 18.1% (0.3 ppt) 0.4 ppt 0.0 ppt 1.0 ppt

Factory Margin / (Loss) 1,312 1,365 1,360 1,390 5,427 7 86 (94) 460 Factory Margin % 30.9% 31.1% 31.8% 31.9% 31.4% 0.2 ppt 0.5 ppt 0.1 ppt 1.3 ppt

Engineering (excl D&A) 327 314 306 290 1,236 2 (6) 36 (5) Engineering % 7.7% 7.2% 7.1% 6.7% 7.2% 0.0 ppt 0.3 ppt 0.1 ppt 0.3 ppt

Other Cost of Good Sold (excl D&A) 135 141 140 140 556 (17) (13) (34) (120) D&A - Cost of Goods Sold 109 107 122 125 463 (4) (12) 1 (60)

Total Cost of Goods Sold 3,502 3,581 3,490 3,517 14,090 (7) (164) 269 (523)

Gross Margin / (Loss) 741 803 792 835 3,172 (12) 55 (92) 276 Gross Margin % 17.5% 18.3% 18.5% 19.2% 18.4% (0.3 ppt) 0.4 ppt (0.1 ppt) 0.8 ppt

SG&A 248 267 278 278 1,071 18 (25) (7) (141) D&A - SG&A 7 8 10 11 37 2 0 (0) (4) Total SG&A 255 276 288 290 1,108 20 (25) (7) (145) SG&A % (excl D&A) 5.8% 6.1% 6.5% 6.4% 6.2% 0.4 ppt (0.3 ppt) (0.2 ppt) (0.6 ppt)

Restructuring Expense 30 34 42 19 125 4 2 (27) 20

D&A - Intangible Asset 25 24 24 22 96 (1) 1 (1) 8

Operating Expense 3,813 3,915 3,844 3,847 15,419 15 (186) 234 (640)

Operating Income / (Loss) 430 469 438 505 1,843 10 33 (126) 158 OI % 10.1% 10.7% 10.2% 11.6% 10.7% 0.2 ppt 0.3 ppt (0.5 ppt) 0.4 ppt

Interest Expense (33) (32) (33) (33) (131) 0 3 5 12 Other Income (17) 3 3 3 (9) (22) 17 (29) 9

Inc/(Loss) Before Taxes, Min Int & Equity Inc 380 439 409 475 1,702 (11) 53 (150) 180

Income Taxes (Exp) / Benefit (73) (83) (64) (81) (301) 1 (36) 51 (45) Minority Interest Net of Tax Income / (Exp) (20) (20) (21) (24) (85) 1 2 13 3 Equity in Net Income of Assoc. (Exp) 7 6 7 7 28 1 (0) 0 (6)

Net Income / (Loss) 295 342 330 377 1,344 (8) 19 (86) 132

EBITDA (OI - D&A) 572 608 595 664 2,438 13 44 (126) 214 EBITDA % 13.5% 13.9% 13.9% 15.2% 14.1% 0.3 ppt 0.4 ppt (0.4 ppt) 0.6 ppt

EBITDA Adj. 604 645 639 686 2,575 11 42 (99) 191 EBITDA Adj. % 14.2% 14.7% 14.9% 15.8% 14.9% (0.3 ppt) (0.3 ppt) 0.3 ppt (0.4 ppt)

OI Adj. 464 506 483 528 1,980 8 32 (99) 135 OI Adj. % 10.9% 11.5% 11.3% 12.1% 11.5% (0.2 ppt) (0.2 ppt) 0.3 ppt (0.3 ppt)

NI Adj. 344 374 368 396 1,483 11 8 (44) 111

Fav/(Unfav) Fav/(Unfav)Memo: Q1 Variance Memo: CY Variances



RevenueQ1 2014 2+10 Forecast vs Budget

Sales Total PT T E&S E/EA PSS HQ ElimQ1-14 - Budget 4,249 993 376 722 2,034 247 - (122) Q1-14 - 2+10 Fcst 4,244 940 383 727 2,094 229 - (129) Sales Variance (5) (53) 7 5 60 (17) - (7)

Variance Due To:Total Sales Growth (80) (88) 6 (9) 43 (24) - (7)

FX 64 26 4 14 14 7 - - Price 12 9 (2) 1 4 - - - Commodities (1) - (1) - (0) - - - Acq/Divest - - - - - - - - Other (0) (0) - (0) (0) - - - Sales Variance (5) (53) 7 5 60 (17) - (7)

Sales Variance to BudgetReported Variance (0.1%) (5.3%) 1.9% 0.7% 3.0% (7.1%)Adj Variance (FX/Commodities/Acq/Div) (1.6%) (8.0%) 1.1% (1.2%) 2.3% (9.8%)Q1 - IHS Global Mkt Growth 0.8%Q1 - Delphi Wtd Mkt Growth 0.1%

Divisions



Operating Income Adj.Q1 2014 2+10 Forecast vs Budget

Operating Income Adj. Total PT T E&S E/EA PSS HQ ElimQ1-14 - Budget 456 100 11 82 242 22 (2) - Q1-14 - 2+10 Fcst 464 81 7 79 262 18 16 - OI Adj. Variance 8 (18) (4) (4) 20 (4) 18 -

OI Adj. % - Q1-14 - Budget 10.7% 10.0% 3.0% 11.4% 11.9% 8.9%

OI Adj. % - Q1-14 - 2+10 Fcst 10.9% 8.6% 1.9% 10.8% 12.5% 7.7%

Var Due To:Sales Growth (37) (35) 1 (7) 12 (8) Flow-Through % 47% 40% 18% 70% 27% 34%

Exchange 11 3 (1) 1 (4) 1 12 - Price 12 9 (2) 1 4 - - - Commodities / Material Econ 8 0 1 0 6 - - - Acq/Divest - - - - - - - - D&A (1) 4 1 (1) (1) (0) (4) - Other 15 1 (5) 2 3 3 10 - Subtotal Perf/Other 45 17 (5) 3 9 4 18 -

OI Adj. Variance 8 (18) (4) (4) 20 (4) 18 -

Memo: Mix (10) (2) (1) (3) (3) (1) - -

'R' Variance 4 1 (0) (3) 4 (0) 2 -

'I' Variance (1) - - - (1) - - -

Operating IncomeQ1-14 - Budget 420 97 8 80 219 22 (5) - Q1-14 - 2+10 Fcst 430 80 4 73 241 17 15 - OI Variance 10 (17) (4) (7) 22 (4) 20 -

OI % - Q1-14 - Budget 9.9% 9.8% 2.1% 11.1% 10.7% 8.8%OI % - Q1-14 - 2+10 Fcst 10.1% 8.5% 0.9% 10.1% 11.5% 7.6%

Divisions



RevenueQ1 2014 2+10 Forecast vs Q1 2013

Sales Total PT T E&S E/EA PSS HQ ElimQ1-13 - Actual 4,024 950 360 694 1,921 247 0 (147) Q1-14 - 2+10 Fcst 4,244 940 383 727 2,094 229 - (129) Sales Variance 219 (10) 23 34 173 (18) (0) 18

Variance Due To:Total Sales Growth 271 (15) 32 38 222 (24) - 18

FX 25 14 (0) 9 (1) 3 - - Price (57) (9) (9) (13) (29) 3 - - Commodities (20) - (0) - (20) - - - Acq/Divest - - - - - - - - Other (0) (0) - (0) (0) - (0) - Sales Variance 219 (10) 23 34 173 (18) (0) 18

Sales GrowthReported Variance 5.4% (1.1%) 6.3% 4.9% 9.0% (7.2%)Adj Variance (FX/Commodities/Acq/Div) 5.3% (2.6%) 6.5% 3.6% 10.1% (8.3%)Q1 - IHS Global Mkt Growth 5.1%Q1 - Delphi Wtd Mkt Growth 4.9%

Divisions



Operating Income Adj.Q1 2014 Forecast 2+10 vs Q1 2013

Operating Income Adj. Total PT T E&S E/EA PSS HQ ElimQ1-13 - Actual 432 95 14 70 229 18 5 - Q1-14 - 2+10 Fcst 464 81 7 79 262 18 16 - OI Adj. Variance 32 (14) (7) 8 33 (0) 12 -

OI Adj. % - Q1-13 - Actual 10.7% 10.0% 3.9% 10.1% 11.9% 7.3%

OI Adj. % - Q1-14 - 2+10 Fcst 10.9% 8.6% 1.9% 10.8% 12.5% 7.7%

Var Due To:Sales Growth 58 (6) 6 (2) 61 (2) Flow-Through % 21% 38% 18% (5%) 28% 6%

Exchange 8 (1) (3) 2 (1) (0) 12 - Price (57) (9) (9) (13) (29) 3 - - Commodities / Material Econ 1 (1) 0 (0) 2 - - - Acq/Divest - - - - - - - - D&A (11) (3) (1) (1) (9) 1 3 - Other 32 6 (0) 23 9 (4) (3) - Subtotal Perf/Other (26) (8) (13) 10 (28) 1 12 -

OI Adj. Variance 32 (14) (7) 8 33 (0) 12 -

Memo: Mix (29) (0) (4) (17) (14) 6 - -

'R' Variance 2 0 (2) 5 (8) 7 (0) -

'I' Variance (0) - - - (0) - - -

Operating IncomeQ1-13 - Actual 397 94 12 60 216 11 4 - Q1-14 - 2+10 Fcst 430 80 4 73 241 17 15 - OI Variance 33 (14) (9) 13 24 7 12 -

OI % - Q1-13 - Actual 9.9% 9.9% 3.4% 8.6% 11.3% 4.4%OI % - Q1-14 - 2+10 Fcst 10.1% 8.5% 0.9% 10.1% 11.5% 7.6%

Divisions



RevenueCY 2014 2+10 Forecast vs Budget

Sales Total PT T E&S E/EA PSS HQ ElimCY-14 - Budget 17,622 4,275 1,550 2,950 8,250 1,100 - (503) CY-14 - 2+10 Fcst 17,262 3,949 1,523 2,938 8,250 1,120 - (519) Sales Variance (360) (325) (28) (11) (0) 20 - (16)

Variance Due To:Total Sales Growth (551) (422) (32) (55) (24) (2) - (16)

FX 189 85 9 38 35 22 - - Price 23 12 (3) 6 8 - - - Commodities (21) - (2) - (19) - - - Acq/Divest - - - - - - - - Other (0) (0) - (0) (0) - - - Sales Variance (360) (325) (28) (11) (0) 20 - (16)

Sales Variance to BudgetReported Variance (2.0%) (7.6%) (1.8%) (0.4%) (0.0%) 1.8%Adj Variance (FX/Commodities/Acq/Div) (3.0%) (9.6%) (2.2%) (1.7%) (0.2%) (0.2%)CY - IHS Global Mkt Growth 0.8%CY - Delphi Wtd Mkt Growth 0.6%

Divisions



Operating Income Adj.CY 2014 2+10 Forecast vs Budget

Operating Income Adj. Total PT T E&S E/EA PSS HQ ElimCY-14 - Budget 2,079 533 80 371 1,068 114 (87) - CY-14 - 2+10 Fcst 1,980 455 56 346 1,068 114 (59) - OI Adj. Variance (99) (78) (24) (25) 0 0 28 -

OI Adj. % - CY-14 - Budget 11.8% 12.5% 5.2% 12.6% 12.9% 10.4%

OI Adj. % - CY-14 - 2+10 Fcst 11.5% 11.5% 3.7% 11.8% 12.9% 10.2%

Var Due To:Sales Growth (219) (164) (11) (38) (6) 0 Flow-Through % 40% 39% 36% 69% 26% N/A

Exchange 51 12 (1) 2 (4) 3 39 - Price 23 12 (3) 6 8 - - - Commodities / Material Econ 11 0 1 1 9 - - - Acq/Divest - - - - - - - - D&A 7 13 1 (1) (3) (1) (3) - Other 29 49 (11) 4 (3) (3) (7) - Subtotal Perf/Other 120 86 (13) 13 6 (0) 28 -

OI Adj. Variance (99) (78) (24) (25) 0 0 28 -

Memo: Mix (16) (2) (2) (16) 3 1 - -

'R' Variance (27) (13) (1) (6) (3) (0) (3) -

'I' Variance (0) - - - (0) - - -

Operating IncomeCY-14 - Budget 1,969 496 75 363 1,018 113 (97) - CY-14 - 2+10 Fcst 1,843 405 49 332 1,015 113 (71) - OI Variance (126) (91) (26) (32) (3) (0) 25 -

OI % - CY-14 - Budget 11.2% 11.6% 4.8% 12.3% 12.3% 10.3%OI % - CY-14 - 2+10 Fcst 10.7% 10.3% 3.2% 11.3% 12.3% 10.1%

Divisions



RevenueCY 2014 2+10 Forecast vs CY 2013

Sales Total PT T E&S E/EA PSS HQ ElimCY-13 - Actual 16,463 3,718 1,468 2,830 7,972 1,062 0 (588) CY-14 - 2+10 Fcst 17,262 3,949 1,523 2,938 8,250 1,120 - (519) Sales Variance 799 231 54 108 278 58 (0) 69

Variance Due To:Total Sales Growth 1,065 276 79 170 427 43 - 69

FX 40 31 (2) 13 (9) 7 - - Price (265) (75) (23) (69) (112) 14 - - Commodities (27) - 1 - (28) - - - Acq/Divest - - - - - - - - Other (13) (1) - (6) - (6) (0) - Sales Variance 799 231 54 108 278 58 (0) 69

Sales GrowthReported Variance 4.9% 6.2% 3.7% 3.8% 3.5% 5.5%Adj Variance (FX/Commodities/Acq/Div) 4.8% 5.4% 3.8% 3.4% 4.0% 4.8%CY - IHS Global Mkt Growth 3.0%CY - Delphi Wtd Mkt Growth 2.5%

Divisions



Operating Income Adj.CY 2014 Forecast 2+10 vs CY 2013

Operating Income Adj. Total PT T E&S E/EA PSS HQ ElimCY-13 - Actual 1,846 402 39 326 1,013 88 (23) - CY-14 - 2+10 Fcst 1,980 455 56 346 1,068 114 (59) - OI Adj. Variance 135 54 17 20 54 26 (36) -

OI Adj. % - CY-13 - Actual 11.2% 10.8% 2.7% 11.5% 12.7% 8.3%

OI Adj. % - CY-14 - 2+10 Fcst 11.5% 11.5% 3.7% 11.8% 12.9% 10.2%

Var Due To:Sales Growth 257 93 15 5 111 34 Flow-Through % 24% 34% 19% 3% 26% 78%

Exchange 6 (7) (5) 3 (19) 2 33 - Price (265) (75) (23) (69) (112) 14 - - Commodities / Material Econ (15) (4) (0) (0) (10) - - - Acq/Divest - - - - - - - - D&A (55) (19) (9) (6) (23) 4 (0) - Other 206 66 40 88 107 (27) (69) - Subtotal Perf/Other (123) (40) 2 15 (57) (8) (36) -

OI Adj. Variance 135 54 17 20 54 26 (36) -

Memo: Mix (95) (8) (8) (64) (36) 21 - -

'R' Variance 20 (12) 2 41 (16) 12 (7) -

'I' Variance 4 - - - 4 - - -

Operating IncomeCY-13 - Actual 1,684 364 31 271 971 75 (28) - CY-14 - 2+10 Fcst 1,843 405 49 332 1,015 113 (71) - OI Variance 158 42 18 61 43 38 (43) -

OI % - CY-13 - Actual 10.2% 9.8% 2.1% 9.6% 12.2% 7.0%OI % - CY-14 - 2+10 Fcst 10.7% 10.3% 3.2% 11.3% 12.3% 10.1%

Divisions



Regional Sales and OI Adj. Q1 2014 2+10 Forecast vs Budget

Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. %Q1-14 Fcst vs Budget Q1-14 Fcst vs Budget Q1-14 Fcst vs Budget Q1-14 Fcst vs Budget Q1-14 Fcst vs Budget

Budget 1,453 186 12.8% Budget 1,684 130 7.7% Budget 975 126 12.9% Budget 246 14 5.5% Budget 4,249 456 10.7%Forecast 1,462 186 12.8% Forecast 1,730 139 8.1% Forecast 984 141 14.4% Forecast 198 (4) -2.2% Forecast 4,244 464 10.9%Var - F/(U) 8 0 (0.1ppt) Var - F/(U) 46 9 0.3ppt Var - F/(U) 9 16 1.5ppt Var - F/(U) (48) (18) (7.8ppt) Var - F/(U) (5) 8 0.2ppt

Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. %Powertrain Powertrain Powertrain Powertrain Powertrain

Budget 192 16 8.5% Budget 525 39 7.5% Budget 271 43 15.8% Budget 40 1 3.2% Budget 993 100 10.0%Forecast 205 21 10.4% Forecast 499 28 5.7% Forecast 233 33 14.1% Forecast 34 (1) -4.3% Forecast 940 81 8.6%Var - F/(U) 13 5 1.9ppt Var - F/(U) (25) (11) (1.8ppt) Var - F/(U) (38) (10) (1.6ppt) Var - F/(U) (6) (3) (7.5ppt) Var - F/(U) (53) (18) (1.4ppt)

Thermal Thermal Thermal Thermal ThermalBudget 130 3 2.0% Budget 116 5 4.5% Budget 89 2 1.7% Budget 44 2 4.7% Budget 376 11 3.0%Forecast 124 1 0.9% Forecast 134 7 5.1% Forecast 99 3 3.1% Forecast 29 (4) -13.3% Forecast 383 7 1.9%Var - F/(U) (6) (1) (1.0ppt) Var - F/(U) 18 2 0.6ppt Var - F/(U) 10 2 1.3ppt Var - F/(U) (14) (6) (18.0ppt) Var - F/(U) 7 (4) (1.2ppt)

E&S E&S E&S E&S E&SBudget 292 41 14.1% Budget 295 26 9.0% Budget 115 13 11.7% Budget 21 2 7.7% Budget 722 82 11.4%Forecast 273 34 12.6% Forecast 317 27 8.4% Forecast 125 18 14.8% Forecast 13 (1) -7.2% Forecast 727 79 10.8%Var - F/(U) (19) (7) (1.5ppt) Var - F/(U) 22 0 (0.5ppt) Var - F/(U) 10 5 3.1ppt Var - F/(U) (8) (2) (14.9ppt) Var - F/(U) 5 (4) (0.6ppt)

E/EA E/EA E/EA E/EA E/EABudget 802 110 13.7% Budget 672 53 7.8% Budget 490 72 14.6% Budget 127 8 6.3% Budget 2,034 242 11.9%Forecast 824 120 14.6% Forecast 718 59 8.3% Forecast 518 82 15.9% Forecast 109 1 0.5% Forecast 2,094 262 12.5%Var - F/(U) 22 10 0.9ppt Var - F/(U) 46 7 0.4ppt Var - F/(U) 28 11 1.3ppt Var - F/(U) (17) (7) (5.8ppt) Var - F/(U) 60 20 0.6ppt

DPSS DPSS DPSS DPSS DPSSBudget 82 4 5.4% Budget 129 14 10.9% Budget 19 1 7.1% Budget 22 2 10.1% Budget 247 22 8.9%Forecast 77 5 5.8% Forecast 122 12 9.4% Forecast 19 1 6.3% Forecast 17 1 3.2% Forecast 229 18 7.7%Var - F/(U) (5) 0 0.4ppt Var - F/(U) (7) (3) (1.4ppt) Var - F/(U) (1) (0) (0.8ppt) Var - F/(U) (4) (2) (6.9ppt) Var - F/(U) (17) (4) (1.2ppt)

HQ HQ HQ HQ HQBudget 0 12 Budget 0 (7) Budget 0 (5) Budget 0 (1) Budget 0 (2)Forecast 0 6 Forecast 0 7 Forecast 0 3 Forecast 0 1 Forecast 0 16Var - F/(U) 0 (6) Var - F/(U) 0 14 Var - F/(U) 0 9 Var - F/(U) 0 2 Var - F/(U) 0 18

Elims Elims Elims Elims ElimsBudget (45) 0 Budget (52) 0 Budget (10) 0 Budget (7) 0 Budget (122) 0Forecast (42) 0 Forecast (60) 0 Forecast (10) 0 Forecast (5) 0 Forecast (129) 0Var - F/(U) 3 0 Var - F/(U) (8) 0 Var - F/(U) (0) 0 Var - F/(U) 1 0 Var - F/(U) (7) 0

North America EMEA Asia Pacific South America Total Global






Budget 1,523 205 13.5% Budget 1,758 173 9.8% Budget 1,021 137 13.4% Budget 285 26 9.3% Budget 4,474 542 12.1%Forecast 1,505 204 13.6% Forecast 1,732 154 8.9% Forecast 1,017 130 12.8% Forecast 242 18 7.4% Forecast 4,384 506 11.5%Var - F/(U) (18) (1) 0.1ppt Var - F/(U) (26) (19) (1.0ppt) Var - F/(U) (4) (7) (0.6ppt) Var - F/(U) (43) (8) (1.8ppt) Var - F/(U) (90) (36) (0.6ppt)


Budget 207 20 9.7% Budget 558 64 11.4% Budget 272 41 15.2% Budget 48 4 8.8% Budget 1,049 129 12.3%Forecast 213 26 12.1% Forecast 530 45 8.4% Forecast 239 29 12.0% Forecast 50 6 11.6% Forecast 1,000 105 10.5%Var - F/(U) 6 6 2.4ppt Var - F/(U) (28) (19) (3.0ppt) Var - F/(U) (33) (13) (3.2ppt) Var - F/(U) 2 2 2.8ppt Var - F/(U) (48) (24) (1.8ppt)

Thermal Thermal Thermal Thermal ThermalBudget 133 4 2.7% Budget 118 7 5.7% Budget 96 4 4.6% Budget 49 4 7.4% Budget 392 18 4.7%Forecast 124 (0) -0.2% Forecast 127 8 6.4% Forecast 94 4 3.9% Forecast 32 (2) -4.7% Forecast 374 10 2.7%Var - F/(U) (9) (4) (2.9ppt) Var - F/(U) 9 1 0.6ppt Var - F/(U) (1) (1) (0.7ppt) Var - F/(U) (17) (5) (12.1ppt) Var - F/(U) (18) (8) (2.0ppt)

E&S E&S E&S E&S E&SBudget 301 47 15.6% Budget 293 27 9.1% Budget 121 16 13.6% Budget 24 3 12.9% Budget 739 93 12.6%Forecast 296 43 14.6% Forecast 304 30 10.0% Forecast 127 18 14.2% Forecast 18 2 11.3% Forecast 744 94 12.6%Var - F/(U) (6) (4) (1.0ppt) Var - F/(U) 11 4 0.9ppt Var - F/(U) 6 2 0.6ppt Var - F/(U) (6) (1) (1.6ppt) Var - F/(U) 5 0 (0.0ppt)

E/EA E/EA E/EA E/EA E/EABudget 839 131 15.6% Budget 690 64 9.3% Budget 519 78 15.1% Budget 147 15 10.5% Budget 2,136 289 13.5%Forecast 835 135 16.2% Forecast 674 56 8.3% Forecast 541 81 14.9% Forecast 127 10 8.0% Forecast 2,117 282 13.3%Var - F/(U) (4) 4 0.6ppt Var - F/(U) (16) (8) (1.0ppt) Var - F/(U) 22 2 (0.2ppt) Var - F/(U) (20) (5) (2.4ppt) Var - F/(U) (19) (7) (0.2ppt)

DPSS DPSS DPSS DPSS DPSSBudget 92 7 7.9% Budget 152 20 12.9% Budget 23 2 8.1% Budget 23 1 6.5% Budget 286 30 10.6%Forecast 87 5 5.4% Forecast 154 20 12.8% Forecast 26 2 7.5% Forecast 20 2 10.5% Forecast 282 28 10.0%Var - F/(U) (5) (3) (2.6ppt) Var - F/(U) 1 (0) (0.2ppt) Var - F/(U) 3 0 (0.7ppt) Var - F/(U) (3) 1 4.0ppt Var - F/(U) (3) (2) (0.6ppt)

HQ HQ HQ HQ HQBudget 0 (3) Budget 0 (8) Budget 0 (5) Budget 0 (1) Budget 0 (18)Forecast 0 (4) Forecast 0 (5) Forecast 0 (3) Forecast 0 (1) Forecast 0 (13)Var - F/(U) 0 (1) Var - F/(U) 0 3 Var - F/(U) 0 2 Var - F/(U) 0 1 Var - F/(U) 0 5








Budget 1,485 182 12.2% Budget 1,671 165 9.9% Budget 1,061 147 13.8% Budget 291 28 9.5% Budget 4,399 521 11.8%Forecast 1,502 195 13.0% Forecast 1,629 139 8.5% Forecast 1,010 129 12.8% Forecast 254 21 8.2% Forecast 4,282 483 11.3%Var - F/(U) 17 13 0.7ppt Var - F/(U) (42) (26) (1.3ppt) Var - F/(U) (52) (18) (1.1ppt) Var - F/(U) (37) (7) (1.3ppt) Var - F/(U) (117) (38) (0.6ppt)


Budget 212 24 11.2% Budget 559 62 11.1% Budget 290 43 14.8% Budget 46 4 7.8% Budget 1,071 132 12.3%Forecast 208 26 12.4% Forecast 512 57 11.2% Forecast 239 29 12.0% Forecast 46 3 6.4% Forecast 970 115 11.8%Var - F/(U) (4) 2 1.2ppt Var - F/(U) (47) (5) 0.1ppt Var - F/(U) (51) (14) (2.8ppt) Var - F/(U) (0) (1) (1.4ppt) Var - F/(U) (101) (18) (0.5ppt)

Thermal Thermal Thermal Thermal ThermalBudget 128 5 3.8% Budget 122 10 8.1% Budget 98 6 6.5% Budget 48 4 7.5% Budget 393 25 6.3%Forecast 126 2 1.7% Forecast 122 8 6.9% Forecast 100 8 7.9% Forecast 39 1 2.7% Forecast 385 20 5.1%Var - F/(U) (2) (3) (2.2ppt) Var - F/(U) 0 (1) (1.2ppt) Var - F/(U) 3 2 1.4ppt Var - F/(U) (9) (3) (4.9ppt) Var - F/(U) (8) (5) (1.2ppt)

E&S E&S E&S E&S E&SBudget 287 40 13.8% Budget 284 33 11.5% Budget 134 19 13.9% Budget 25 2 8.9% Budget 730 93 12.8%Forecast 308 43 14.0% Forecast 279 24 8.4% Forecast 127 18 14.2% Forecast 18 2 10.4% Forecast 733 87 11.8%Var - F/(U) 21 4 0.2ppt Var - F/(U) (5) (9) (3.1ppt) Var - F/(U) (7) (1) 0.3ppt Var - F/(U) (6) (0) 1.5ppt Var - F/(U) 2 (7) (0.9ppt)

E/EA E/EA E/EA E/EA E/EABudget 811 126 15.5% Budget 611 48 7.8% Budget 524 81 15.5% Budget 155 18 11.6% Budget 2,045 273 13.3%Forecast 806 125 15.5% Forecast 610 42 6.8% Forecast 529 79 15.0% Forecast 135 14 10.7% Forecast 2,020 261 12.9%Var - F/(U) (5) (0) 0.0ppt Var - F/(U) (2) (6) (1.0ppt) Var - F/(U) 5 (2) (0.5ppt) Var - F/(U) (20) (4) (0.9ppt) Var - F/(U) (25) (12) (0.4ppt)

DPSS DPSS DPSS DPSS DPSSBudget 93 7 7.5% Budget 149 20 13.6% Budget 27 2 9.2% Budget 24 2 6.8% Budget 287 31 10.9%Forecast 99 9 9.4% Forecast 161 20 12.6% Forecast 26 2 8.4% Forecast 21 2 11.4% Forecast 302 34 11.3%Var - F/(U) 7 2 1.9ppt Var - F/(U) 11 (0) (1.0ppt) Var - F/(U) (1) (0) (0.7ppt) Var - F/(U) (3) 1 4.6ppt Var - F/(U) 14 3 0.4ppt

HQ HQ HQ HQ HQBudget 0 (19) Budget 0 (8) Budget 0 (5) Budget 0 (1) Budget 0 (33)Forecast 0 (11) Forecast 0 (12) Forecast 0 (7) Forecast 0 (2) Forecast 0 (32)Var - F/(U) 0 8 Var - F/(U) 0 (4) Var - F/(U) 0 (2) Var - F/(U) 0 (0) Var - F/(U) 0 1

Elims Elims Elims Elims ElimsBudget (46) 0 Budget (55) 0 Budget (11) 0 Budget (7) 0 Budget (127) 0Forecast (46) 0 Forecast (55) 0 Forecast (11) 0 Forecast (5) 0 Forecast (127) 0Var - F/(U) 0 0 Var - F/(U) 1 0 Var - F/(U) (1) 0 Var - F/(U) 2 0 Var - F/(U) 0 0







Budget 1,421 163 11.5% Budget 1,763 205 11.6% Budget 1,147 171 14.9% Budget 274 21 7.7% Budget 4,501 561 12.5%Forecast 1,383 162 11.7% Forecast 1,716 188 11.0% Forecast 1,110 158 14.3% Forecast 252 19 7.6% Forecast 4,352 528 12.1%Var - F/(U) (38) (1) 0.3ppt Var - F/(U) (48) (17) (0.7ppt) Var - F/(U) (38) (13) (0.7ppt) Var - F/(U) (23) (2) (0.0ppt) Var - F/(U) (148) (33) (0.3ppt)


Budget 209 24 11.4% Budget 626 92 14.8% Budget 321 54 16.8% Budget 42 2 3.9% Budget 1,162 172 14.8%Forecast 196 27 13.8% Forecast 553 81 14.6% Forecast 278 45 16.1% Forecast 45 2 4.0% Forecast 1,039 154 14.8%Var - F/(U) (13) 3 2.3ppt Var - F/(U) (73) (12) (0.2ppt) Var - F/(U) (43) (9) (0.6ppt) Var - F/(U) 3 0 0.2ppt Var - F/(U) (123) (18) 0.1ppt

Thermal Thermal Thermal Thermal ThermalBudget 123 4 3.1% Budget 121 11 9.5% Budget 101 7 6.8% Budget 48 3 7.0% Budget 390 26 6.5%Forecast 123 0 0.2% Forecast 125 12 9.8% Forecast 97 6 6.6% Forecast 39 0 1.1% Forecast 381 19 5.1%Var - F/(U) 0 (3) (2.8ppt) Var - F/(U) 4 1 0.3ppt Var - F/(U) (4) (0) (0.2ppt) Var - F/(U) (10) (3) (5.9ppt) Var - F/(U) (9) (6) (1.5ppt)

E&S E&S E&S E&S E&SBudget 285 39 13.5% Budget 300 35 11.8% Budget 147 25 17.3% Budget 25 3 12.0% Budget 758 102 13.5%Forecast 278 32 11.4% Forecast 297 30 10.2% Forecast 138 21 15.4% Forecast 21 4 19.1% Forecast 734 87 11.9%Var - F/(U) (7) (7) (2.2ppt) Var - F/(U) (3) (5) (1.6ppt) Var - F/(U) (9) (4) (1.9ppt) Var - F/(U) (4) 1 7.2ppt Var - F/(U) (24) (15) (1.6ppt)

E/EA E/EA E/EA E/EA E/EABudget 762 110 14.4% Budget 630 54 8.5% Budget 560 89 15.9% Budget 138 12 8.4% Budget 2,036 264 13.0%Forecast 736 103 14.0% Forecast 642 60 9.3% Forecast 571 88 15.5% Forecast 129 12 9.1% Forecast 2,020 263 13.0%Var - F/(U) (26) (7) (0.4ppt) Var - F/(U) 12 6 0.8ppt Var - F/(U) 11 (0) (0.4ppt) Var - F/(U) (10) 0 0.7ppt Var - F/(U) (16) (1) 0.0ppt

DPSS DPSS DPSS DPSS DPSSBudget 89 7 7.8% Budget 140 18 12.6% Budget 29 3 9.2% Budget 27 3 10.7% Budget 280 30 10.8%Forecast 93 10 10.3% Forecast 158 17 10.5% Forecast 38 5 12.7% Forecast 23 3 12.5% Forecast 307 34 11.0%Var - F/(U) 5 3 2.6ppt Var - F/(U) 18 (1) (2.2ppt) Var - F/(U) 9 2 3.5ppt Var - F/(U) (4) (0) 1.8ppt Var - F/(U) 27 4 0.2ppt

HQ HQ HQ HQ HQBudget 0 (20) Budget 0 (5) Budget 0 (7) Budget 0 (2) Budget 0 (33)Forecast 0 (9) Forecast 0 (11) Forecast 0 (8) Forecast 0 (2) Forecast 0 (30)Var - F/(U) 0 11 Var - F/(U) 0 (6) Var - F/(U) 0 (1) Var - F/(U) 0 (0) Var - F/(U) 0 4






Regional Sales and OI Adj. CY 2014 2+10 Forecast vs Budget

Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. %CY-14 Fcst vs Budget CY-14 Fcst vs Budget CY-14 Fcst vs Budget CY-14 Fcst vs Budget CY-14 Fcst vs Budget

Budget 5,882 737 12.5% Budget 6,876 674 9.8% Budget 4,204 580 13.8% Budget 1,096 89 8.1% Budget 17,622 2,079 11.8%Forecast 5,852 747 12.8% Forecast 6,806 620 9.1% Forecast 4,121 558 13.6% Forecast 945 54 5.7% Forecast 17,262 1,980 11.5%Var - F/(U) (30) 11 0.3ppt Var - F/(U) (70) (54) (0.7ppt) Var - F/(U) (84) (22) (0.3ppt) Var - F/(U) (151) (35) (2.4ppt) Var - F/(U) (360) (99) (0.3ppt)


Budget 821 84 10.2% Budget 2,268 257 11.3% Budget 1,154 181 15.7% Budget 176 11 6.1% Budget 4,275 533 12.5%Forecast 823 100 12.1% Forecast 2,095 211 10.1% Forecast 989 135 13.7% Forecast 176 9 5.2% Forecast 3,949 455 11.5%Var - F/(U) 2 16 1.9ppt Var - F/(U) (173) (46) (1.3ppt) Var - F/(U) (165) (46) (2.0ppt) Var - F/(U) (0) (2) (0.9ppt) Var - F/(U) (325) (78) (0.9ppt)

Thermal Thermal Thermal Thermal ThermalBudget 513 15 2.9% Budget 477 33 7.0% Budget 383 19 5.0% Budget 189 13 6.7% Budget 1,550 80 5.2%Forecast 497 3 0.7% Forecast 507 36 7.0% Forecast 391 21 5.4% Forecast 139 (4) -2.8% Forecast 1,523 56 3.7%Var - F/(U) (17) (12) (2.2ppt) Var - F/(U) 30 2 0.0ppt Var - F/(U) 8 2 0.4ppt Var - F/(U) (50) (17) (9.5ppt) Var - F/(U) (28) (24) (1.5ppt)

E&S E&S E&S E&S E&SBudget 1,166 166 14.3% Budget 1,173 121 10.3% Budget 516 74 14.3% Budget 95 10 10.5% Budget 2,950 371 12.6%Forecast 1,155 152 13.2% Forecast 1,197 111 9.3% Forecast 516 76 14.7% Forecast 70 7 10.1% Forecast 2,938 346 11.8%Var - F/(U) (10) (14) (1.1ppt) Var - F/(U) 24 (10) (1.1ppt) Var - F/(U) (0) 2 0.4ppt Var - F/(U) (25) (3) (0.4ppt) Var - F/(U) (11) (25) (0.8ppt)

E/EA E/EA E/EA E/EA E/EABudget 3,214 476 14.8% Budget 2,603 219 8.4% Budget 2,093 320 15.3% Budget 567 53 9.3% Budget 8,250 1,068 12.9%Forecast 3,202 483 15.1% Forecast 2,644 217 8.2% Forecast 2,160 331 15.3% Forecast 501 37 7.4% Forecast 8,250 1,068 12.9%Var - F/(U) (12) 7 0.3ppt Var - F/(U) 40 (2) (0.2ppt) Var - F/(U) 67 11 0.0ppt Var - F/(U) (67) (16) (2.0ppt) Var - F/(U) (0) 0 0.0ppt

DPSS DPSS DPSS DPSS DPSSBudget 355 26 7.2% Budget 571 72 12.6% Budget 98 8 8.5% Budget 96 8 8.6% Budget 1,100 114 10.4%Forecast 357 28 7.9% Forecast 594 68 11.4% Forecast 109 10 9.3% Forecast 82 8 9.7% Forecast 1,120 114 10.2%Var - F/(U) 1 3 0.7ppt Var - F/(U) 24 (4) (1.2ppt) Var - F/(U) 10 2 0.8ppt Var - F/(U) (14) (0) 1.1ppt Var - F/(U) 20 0 (0.2ppt)

HQ HQ HQ HQ HQBudget 0 (30) Budget 0 (28) Budget 0 (22) Budget 0 (6) Budget 0 (87)Forecast 0 (19) Forecast 0 (22) Forecast 0 (15) Forecast 0 (3) Forecast 0 (59)Var - F/(U) 0 11 Var - F/(U) 0 7 Var - F/(U) 0 8 Var - F/(U) 0 2 Var - F/(U) 0 28






Regional Sales and OI Adj. Q1 2014 2+10 Forecast vs Prior Year

Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. %Q1-14 Fcst vs Q1-13 Act Q1-14 Fcst vs Q1-13 Act Q1-14 Fcst vs Q1-13 Act Q1-14 Fcst vs Q1-13 Act Q1-14 Fcst vs Q1-13 Act

Prior Year 1,358 173 12.7% Prior Year 1,671 128 7.7% Prior Year 869 123 14.2% Prior Year 248 8 3.1% Prior Year 4,024 432 10.7%Forecast 1,462 186 12.8% Forecast 1,730 139 8.1% Forecast 984 141 14.4% Forecast 198 (4) -2.2% Forecast 4,244 464 10.9%Var - F/(U) 104 14 0.0ppt Var - F/(U) 58 12 0.4ppt Var - F/(U) 115 18 0.2ppt Var - F/(U) (50) (12) (5.3ppt) Var - F/(U) 219 32 0.2ppt


Prior Year 196 18 9.0% Prior Year 510 36 7.1% Prior Year 234 42 17.9% Prior Year 41 (0) -0.7% Prior Year 950 95 10.0%Forecast 205 21 10.4% Forecast 499 28 5.7% Forecast 233 33 14.1% Forecast 34 (1) -4.3% Forecast 940 81 8.6%Var - F/(U) 10 4 1.4ppt Var - F/(U) (11) (8) (1.4ppt) Var - F/(U) (1) (9) (3.8ppt) Var - F/(U) (6) (1) (3.6ppt) Var - F/(U) (10) (14) (1.4ppt)

Thermal Thermal Thermal Thermal ThermalPrior Year 126 4 3.5% Prior Year 110 4 3.9% Prior Year 86 3 3.0% Prior Year 42 3 6.4% Prior Year 360 14 3.9%Forecast 124 1 0.9% Forecast 134 7 5.1% Forecast 99 3 3.1% Forecast 29 (4) -13.3% Forecast 383 7 1.9%Var - F/(U) (2) (3) (2.6ppt) Var - F/(U) 24 3 1.2ppt Var - F/(U) 13 0 0.1ppt Var - F/(U) (12) (7) (19.6ppt) Var - F/(U) 23 (7) (2.0ppt)

E&S E&S E&S E&S E&SPrior Year 285 41 14.5% Prior Year 299 20 6.6% Prior Year 95 12 12.2% Prior Year 14 (2) -16.3% Prior Year 694 70 10.1%Forecast 273 34 12.6% Forecast 317 27 8.4% Forecast 125 18 14.8% Forecast 13 (1) -7.2% Forecast 727 79 10.8%Var - F/(U) (12) (7) (1.9ppt) Var - F/(U) 18 7 1.8ppt Var - F/(U) 29 7 2.6ppt Var - F/(U) (2) 1 9.1ppt Var - F/(U) 34 8 0.7ppt

E/EA E/EA E/EA E/EA E/EAPrior Year 720 103 14.3% Prior Year 690 55 7.9% Prior Year 442 66 14.8% Prior Year 139 6 4.4% Prior Year 1,921 229 11.9%Forecast 824 120 14.6% Forecast 718 59 8.3% Forecast 518 82 15.9% Forecast 109 1 0.5% Forecast 2,094 262 12.5%Var - F/(U) 104 17 0.3ppt Var - F/(U) 28 5 0.4ppt Var - F/(U) 76 17 1.1ppt Var - F/(U) (30) (6) (4.0ppt) Var - F/(U) 173 33 0.6ppt

DPSS DPSS DPSS DPSS DPSSPrior Year 78 5 6.3% Prior Year 135 11 7.9% Prior Year 21 1 6.1% Prior Year 20 1 6.0% Prior Year 247 18 7.3%Forecast 77 5 5.8% Forecast 122 12 9.4% Forecast 19 1 6.3% Forecast 17 1 3.2% Forecast 229 18 7.7%Var - F/(U) (1) (0) (0.5ppt) Var - F/(U) (13) 1 1.6ppt Var - F/(U) (2) (0) 0.2ppt Var - F/(U) (3) (1) (2.8ppt) Var - F/(U) (18) (0) 0.4ppt

HQ HQ HQ HQ HQPrior Year 0 2 Prior Year 0 3 Prior Year 0 1 Prior Year 0 0 Prior Year 0 5Forecast 0 6 Forecast 0 7 Forecast 0 3 Forecast 0 1 Forecast 0 16Var - F/(U) 0 4 Var - F/(U) 0 4 Var - F/(U) 0 3 Var - F/(U) 0 1 Var - F/(U) (0) 12

Elims Elims Elims Elims ElimsPrior Year (47) 0 Prior Year (73) 0 Prior Year (10) 0 Prior Year (8) 0 Prior Year (147) 0Forecast (42) 0 Forecast (60) 0 Forecast (10) 0 Forecast (5) 0 Forecast (129) 0Var - F/(U) 5 0 Var - F/(U) 13 0 Var - F/(U) (0) 0 Var - F/(U) 3 0 Var - F/(U) 18 0







Prior Year 1,445 195 13.5% Prior Year 1,746 170 9.7% Prior Year 906 132 14.5% Prior Year 275 17 6.2% Prior Year 4,240 513 12.1%Forecast 1,505 204 13.6% Forecast 1,732 154 8.9% Forecast 1,017 130 12.8% Forecast 242 18 7.4% Forecast 4,384 506 11.5%Var - F/(U) 60 9 0.1ppt Var - F/(U) (14) (16) (0.8ppt) Var - F/(U) 111 (2) (1.8ppt) Var - F/(U) (33) 1 1.2ppt Var - F/(U) 144 (8) (0.6ppt)


Prior Year 214 15 7.1% Prior Year 521 64 12.2% Prior Year 232 43 18.4% Prior Year 47 3 5.4% Prior Year 978 124 12.7%Forecast 213 26 12.1% Forecast 530 45 8.4% Forecast 239 29 12.0% Forecast 50 6 11.6% Forecast 1,000 105 10.5%Var - F/(U) (1) 11 5.0ppt Var - F/(U) 9 (19) (3.8ppt) Var - F/(U) 7 (14) (6.4ppt) Var - F/(U) 4 3 6.2ppt Var - F/(U) 22 (19) (2.2ppt)

Thermal Thermal Thermal Thermal ThermalPrior Year 126 (1) -0.8% Prior Year 121 8 6.5% Prior Year 89 4 4.9% Prior Year 42 2 4.1% Prior Year 373 13 3.5%Forecast 124 (0) -0.2% Forecast 127 8 6.4% Forecast 94 4 3.9% Forecast 32 (2) -4.7% Forecast 374 10 2.7%Var - F/(U) (2) 1 0.6ppt Var - F/(U) 6 0 (0.1ppt) Var - F/(U) 5 (1) (1.1ppt) Var - F/(U) (10) (3) (8.8ppt) Var - F/(U) 1 (3) (0.8ppt)

E&S E&S E&S E&S E&SPrior Year 291 52 18.0% Prior Year 304 23 7.4% Prior Year 109 15 13.6% Prior Year 21 1 4.6% Prior Year 725 91 12.5%Forecast 296 43 14.6% Forecast 304 30 10.0% Forecast 127 18 14.2% Forecast 18 2 11.3% Forecast 744 94 12.6%Var - F/(U) 5 (9) (3.4ppt) Var - F/(U) 0 8 2.6ppt Var - F/(U) 17 3 0.6ppt Var - F/(U) (3) 1 6.6ppt Var - F/(U) 19 3 0.0ppt

E/EA E/EA E/EA E/EA E/EAPrior Year 779 123 15.8% Prior Year 720 65 9.0% Prior Year 465 70 15.1% Prior Year 154 12 7.5% Prior Year 2,044 270 13.2%Forecast 835 135 16.2% Forecast 674 56 8.3% Forecast 541 81 14.9% Forecast 127 10 8.0% Forecast 2,117 282 13.3%Var - F/(U) 56 12 0.4ppt Var - F/(U) (46) (8) (0.6ppt) Var - F/(U) 77 10 (0.2ppt) Var - F/(U) (27) (1) 0.5ppt Var - F/(U) 72 12 0.1ppt

DPSS DPSS DPSS DPSS DPSSPrior Year 92 7 7.3% Prior Year 153 14 9.1% Prior Year 20 1 6.1% Prior Year 18 1 4.5% Prior Year 277 23 8.2%Forecast 87 5 5.4% Forecast 154 20 12.8% Forecast 26 2 7.5% Forecast 20 2 10.5% Forecast 282 28 10.0%Var - F/(U) (5) (2) (1.9ppt) Var - F/(U) 1 6 3.6ppt Var - F/(U) 6 1 1.4ppt Var - F/(U) 2 1 5.9ppt Var - F/(U) 5 6 1.8ppt

HQ HQ HQ HQ HQPrior Year 0 (2) Prior Year 0 (3) Prior Year 0 (2) Prior Year 0 (0) Prior Year 0 (7)Forecast 0 (4) Forecast 0 (5) Forecast 0 (3) Forecast 0 (1) Forecast 0 (13)Var - F/(U) 0 (3) Var - F/(U) 0 (2) Var - F/(U) 0 (1) Var - F/(U) 0 (0) Var - F/(U) 0 (6)








Prior Year 1,408 178 12.7% Prior Year 1,577 111 7.1% Prior Year 919 125 13.6% Prior Year 246 13 5.5% Prior Year 4,016 429 10.7%Forecast 1,502 195 13.0% Forecast 1,629 139 8.5% Forecast 1,010 129 12.8% Forecast 254 21 8.2% Forecast 4,282 483 11.3%Var - F/(U) 94 16 0.3ppt Var - F/(U) 52 28 1.5ppt Var - F/(U) 91 3 (0.9ppt) Var - F/(U) 8 7 2.7ppt Var - F/(U) 265 54 0.6ppt


Prior Year 199 16 8.1% Prior Year 462 32 7.0% Prior Year 206 23 11.0% Prior Year 44 3 5.9% Prior Year 876 74 8.4%Forecast 208 26 12.4% Forecast 512 57 11.2% Forecast 239 29 12.0% Forecast 46 3 6.4% Forecast 970 115 11.8%Var - F/(U) 9 10 4.2ppt Var - F/(U) 50 25 4.2ppt Var - F/(U) 33 6 1.0ppt Var - F/(U) 1 0 0.5ppt Var - F/(U) 94 41 3.4ppt

Thermal Thermal Thermal Thermal ThermalPrior Year 126 (1) -0.8% Prior Year 112 0 0.2% Prior Year 93 5 4.9% Prior Year 37 1 3.4% Prior Year 364 5 1.4%Forecast 126 2 1.7% Forecast 122 8 6.9% Forecast 100 8 7.9% Forecast 39 1 2.7% Forecast 385 20 5.1%Var - F/(U) (0) 3 2.4ppt Var - F/(U) 10 8 6.7ppt Var - F/(U) 7 3 3.0ppt Var - F/(U) 3 (0) (0.7ppt) Var - F/(U) 21 14 3.7ppt

E&S E&S E&S E&S E&SPrior Year 282 48 17.2% Prior Year 277 11 4.1% Prior Year 124 22 17.7% Prior Year 21 0 0.5% Prior Year 704 82 11.6%Forecast 308 43 14.0% Forecast 279 24 8.4% Forecast 127 18 14.2% Forecast 18 2 10.4% Forecast 733 87 11.8%Var - F/(U) 27 (5) (3.2ppt) Var - F/(U) 2 12 4.4ppt Var - F/(U) 3 (4) (3.6ppt) Var - F/(U) (3) 2 9.9ppt Var - F/(U) 28 5 0.2ppt

E/EA E/EA E/EA E/EA E/EAPrior Year 760 108 14.2% Prior Year 650 58 8.9% Prior Year 486 76 15.6% Prior Year 136 9 6.6% Prior Year 1,956 250 12.8%Forecast 806 125 15.5% Forecast 610 42 6.8% Forecast 529 79 15.0% Forecast 135 14 10.7% Forecast 2,020 261 12.9%Var - F/(U) 46 17 1.3ppt Var - F/(U) (40) (16) (2.1ppt) Var - F/(U) 43 4 (0.5ppt) Var - F/(U) (1) 5 4.1ppt Var - F/(U) 64 10 0.1ppt

DPSS DPSS DPSS DPSS DPSSPrior Year 88 8 8.7% Prior Year 148 12 7.8% Prior Year 21 2 8.3% Prior Year 17 1 5.3% Prior Year 269 22 8.1%Forecast 99 9 9.4% Forecast 161 20 12.6% Forecast 26 2 8.4% Forecast 21 2 11.4% Forecast 302 34 11.3%Var - F/(U) 12 2 0.7ppt Var - F/(U) 12 9 4.8ppt Var - F/(U) 5 0 0.1ppt Var - F/(U) 3 1 6.1ppt Var - F/(U) 33 12 3.2ppt









Prior Year 1,398 181 13.0% Prior Year 1,678 142 8.5% Prior Year 1,009 144 14.3% Prior Year 214 4 1.8% Prior Year 4,183 472 11.3%Forecast 1,383 162 11.7% Forecast 1,716 188 11.0% Forecast 1,110 158 14.3% Forecast 252 19 7.6% Forecast 4,352 528 12.1%Var - F/(U) (16) (19) (1.2ppt) Var - F/(U) 38 46 2.5ppt Var - F/(U) 101 14 (0.1ppt) Var - F/(U) 38 15 5.8ppt Var - F/(U) 169 56 0.8ppt


Prior Year 196 28 14.1% Prior Year 470 44 9.4% Prior Year 236 39 16.4% Prior Year 36 (2) -6.1% Prior Year 914 108 11.8%Forecast 196 27 13.8% Forecast 553 81 14.6% Forecast 278 45 16.1% Forecast 45 2 4.0% Forecast 1,039 154 14.8%Var - F/(U) 0 (1) (0.3ppt) Var - F/(U) 83 36 5.2ppt Var - F/(U) 42 6 (0.2ppt) Var - F/(U) 9 4 10.2ppt Var - F/(U) 125 46 3.0ppt

Thermal Thermal Thermal Thermal ThermalPrior Year 119 (5) -3.8% Prior Year 122 8 6.6% Prior Year 103 6 6.2% Prior Year 32 (3) -8.2% Prior Year 371 7 2.0%Forecast 123 0 0.2% Forecast 125 12 9.8% Forecast 97 6 6.6% Forecast 39 0 1.1% Forecast 381 19 5.1%Var - F/(U) 4 5 4.0ppt Var - F/(U) 3 4 3.2ppt Var - F/(U) (6) (0) 0.4ppt Var - F/(U) 7 3 9.3ppt Var - F/(U) 10 12 3.1ppt

E&S E&S E&S E&S E&SPrior Year 276 44 15.8% Prior Year 293 23 8.0% Prior Year 120 15 12.4% Prior Year 19 1 5.7% Prior Year 708 83 11.7%Forecast 278 32 11.4% Forecast 297 30 10.2% Forecast 138 21 15.4% Forecast 21 4 19.1% Forecast 734 87 11.9%Var - F/(U) 2 (12) (4.5ppt) Var - F/(U) 4 7 2.2ppt Var - F/(U) 18 6 3.0ppt Var - F/(U) 2 3 13.5ppt Var - F/(U) 26 4 0.1ppt

E/EA E/EA E/EA E/EA E/EAPrior Year 769 111 14.5% Prior Year 701 58 8.2% Prior Year 536 87 16.3% Prior Year 116 8 6.6% Prior Year 2,051 264 12.9%Forecast 736 103 14.0% Forecast 642 60 9.3% Forecast 571 88 15.5% Forecast 129 12 9.1% Forecast 2,020 263 13.0%Var - F/(U) (33) (9) (0.5ppt) Var - F/(U) (59) 2 1.1ppt Var - F/(U) 35 1 (0.8ppt) Var - F/(U) 13 4 2.4ppt Var - F/(U) (31) (1) 0.1ppt

DPSS DPSS DPSS DPSS DPSSPrior Year 86 8 9.5% Prior Year 147 15 10.0% Prior Year 23 2 7.4% Prior Year 19 1 4.8% Prior Year 269 26 9.5%Forecast 93 10 10.3% Forecast 158 17 10.5% Forecast 38 5 12.7% Forecast 23 3 12.5% Forecast 307 34 11.0%Var - F/(U) 7 1 0.8ppt Var - F/(U) 11 2 0.4ppt Var - F/(U) 15 3 5.3ppt Var - F/(U) 4 2 7.7ppt Var - F/(U) 38 8 1.5ppt


Elims Elims Elims Elims ElimsPrior Year (47) 0 Prior Year (56) 0 Prior Year (9) 0 Prior Year (8) 0 Prior Year (130) 0Forecast (43) 0 Forecast (60) 0 Forecast (11) 0 Forecast (5) 0 Forecast (129) 0Var - F/(U) 4 0 Var - F/(U) (4) 0 Var - F/(U) (2) 0 Var - F/(U) 2 0 Var - F/(U) 1 0





Regional Sales and OI Adj. CY 2014 2+10 Forecast vs Prior Year

Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. % Sales OI Adj. %CY-14 Fcst vs CY-13 CY-14 Fcst vs CY-13 CY-14 Fcst vs CY-13 CY-14 Fcst vs CY-13 CY-14 Fcst vs CY-13

Prior Year 5,609 727 13.0% Prior Year 6,672 551 8.3% Prior Year 3,703 525 14.2% Prior Year 983 42 4.3% Prior Year 16,463 1,846 11.2%Forecast 5,852 747 12.8% Forecast 6,806 620 9.1% Forecast 4,121 558 13.6% Forecast 945 54 5.7% Forecast 17,262 1,980 11.5%Var - F/(U) 242 20 (0.2ppt) Var - F/(U) 134 69 0.8ppt Var - F/(U) 417 33 (0.6ppt) Var - F/(U) (38) 11 1.4ppt Var - F/(U) 799 135 0.3ppt


Prior Year 805 77 9.5% Prior Year 1,963 176 9.0% Prior Year 908 146 16.1% Prior Year 168 3 1.6% Prior Year 3,718 402 10.8%Forecast 823 100 12.1% Forecast 2,095 211 10.1% Forecast 989 135 13.7% Forecast 176 9 5.2% Forecast 3,949 455 11.5%Var - F/(U) 18 23 2.6ppt Var - F/(U) 132 35 1.1ppt Var - F/(U) 81 (11) (2.4ppt) Var - F/(U) 8 6 3.6ppt Var - F/(U) 231 54 0.7ppt

Thermal Thermal Thermal Thermal ThermalPrior Year 498 (2) -0.4% Prior Year 465 20 4.4% Prior Year 372 18 4.8% Prior Year 152 3 2.0% Prior Year 1,468 39 2.7%Forecast 497 3 0.7% Forecast 507 36 7.0% Forecast 391 21 5.4% Forecast 139 (4) -2.8% Forecast 1,523 56 3.7%Var - F/(U) (1) 5 1.1ppt Var - F/(U) 42 15 2.6ppt Var - F/(U) 19 3 0.6ppt Var - F/(U) (13) (7) (4.8ppt) Var - F/(U) 54 17 1.0ppt

E&S E&S E&S E&S E&SPrior Year 1,134 186 16.4% Prior Year 1,173 77 6.6% Prior Year 449 63 14.1% Prior Year 75 (0) -0.2% Prior Year 2,830 326 11.5%Forecast 1,155 152 13.2% Forecast 1,197 111 9.3% Forecast 516 76 14.7% Forecast 70 7 10.1% Forecast 2,938 346 11.8%Var - F/(U) 22 (33) (3.2ppt) Var - F/(U) 24 34 2.7ppt Var - F/(U) 68 12 0.5ppt Var - F/(U) (5) 7 10.3ppt Var - F/(U) 108 20 0.3ppt

E/EA E/EA E/EA E/EA E/EAPrior Year 3,028 445 14.7% Prior Year 2,761 235 8.5% Prior Year 1,928 299 15.5% Prior Year 546 34 6.3% Prior Year 7,972 1,013 12.7%Forecast 3,202 483 15.1% Forecast 2,644 217 8.2% Forecast 2,160 331 15.3% Forecast 501 37 7.4% Forecast 8,250 1,068 12.9%Var - F/(U) 174 38 0.4ppt Var - F/(U) (118) (18) (0.3ppt) Var - F/(U) 231 32 (0.2ppt) Var - F/(U) (45) 2 1.0ppt Var - F/(U) 278 54 0.2ppt

DPSS DPSS DPSS DPSS DPSSPrior Year 344 27 8.0% Prior Year 584 51 8.7% Prior Year 85 6 7.0% Prior Year 75 4 5.2% Prior Year 1,062 88 8.3%Forecast 357 28 7.9% Forecast 594 68 11.4% Forecast 109 10 9.3% Forecast 82 8 9.7% Forecast 1,120 114 10.2%Var - F/(U) 13 1 (0.1ppt) Var - F/(U) 11 17 2.7ppt Var - F/(U) 24 4 2.3ppt Var - F/(U) 6 4 4.6ppt Var - F/(U) 58 26 1.9ppt

HQ HQ HQ HQ HQPrior Year 0 (6) Prior Year 0 (8) Prior Year 0 (7) Prior Year 0 (2) Prior Year 0 (23)Forecast 0 (19) Forecast 0 (22) Forecast 0 (15) Forecast 0 (3) Forecast 0 (59)Var - F/(U) 0 (13) Var - F/(U) 0 (14) Var - F/(U) 0 (8) Var - F/(U) 0 (2) Var - F/(U) (0) (36)




41

Balance Sheet and Cash Flow


Delphi Confidential

Cash Flow2014 Forecast (2+10)

42 Note: Net cash balance includes cash, cash equivalents, and restricted cash less debt.

$ Mils Q1-14 Q2-14 Q3-14 Q4-14 CY-14

Sales 4,244 4,384 4,282 4,352 17,262

EBITDA 572 608 595 664 2,438 EBITDA % of Sales 13.5% 13.9% 13.9% 15.2% 14.1%

Working Capital (262) (45) (31) 238 (100) Capital Expenditures (296) (195) (166) (179) (836)

Restructuring Expense Addback 30 34 42 19 125 Restructuring Cash (54) (59) (50) (42) (205)

Simplified OCF (10) 343 390 699 1,423 Simplified OCF % of Sales -0.2% 7.8% 9.1% 16.1% 8.2%

Cash Interest (Expense)/Income (35) (19) (39) (18) (111) Cash Income Taxes (60) (84) (108) (71) (323) Pension Contributions (22) (22) (22) (35) (100) Pension Expense Addback 22 21 21 21 86 Changes in Other Assets/Liabilities (41) 30 14 7 11

Cash Flow Before Financing (146) 270 258 603 985

Cash Flow From Financing (208) (77) (175) (77) (537) FX Impact on Cash Balance (6) - - - (6)

Increase (Decrease) in Cash (360) 194 82 526 442

Beginning Cash Balance 1,393 1,032 1,225 1,308 1,393 Increase (Decrease) in Cash (360) 194 82 526 442 Change in Restricted Cash (1) - - - (1)

Ending Cash Balance 1,032 1,225 1,308 1,834 1,834

Ending Debt Balance 2,446 2,446 2,446 2,446 2,446

Net Cash Balance (1,414) (1,220) (1,138) (612) (612)

EBITDA-Adj 604 645 639 686 2,575 EBITDA-Adj % of Sales 14.2% 14.7% 14.9% 15.8% 14.9%


Delphi Confidential

2014 Forecast (2+10)CY CFBF Variance To Budget

43

a Net cash balance includes cash, cash equivalents, and restricted cash less debt.

$Mils

Budget

2014 CY

2+10 Fcst

2014 CY

Variance to

Budget

Actual

2013 CY

Variance to

Prior Year

Sales 17,622 17,262 (360) 16,463 799

EBITDA 2,564 2,438 (126) 2,224 214 EBITDA % of Sales 14.6% 14.1% -0.4 ppt 13.5% 0.6 ppt

Working Capital (63) (100) (37) (10) (90) Capital Expenditures (808) (836) (28) (657) (179) Restructuring Expense Addback 99 125 27 145 (20) Gross Restructuring Cash (212) (205) 7 (169) (36)

Simplified OCF 1,580 1,423 (157) 1,533 (110) Simplified OCF % of Sales 9.0% 8.2% -0.7 ppt 9.3% -1.1 ppt

Cash Interest (Expense)/Income (110) (111) (0) (103) (7) Cash Income Taxes (370) (323) 47 (276) (47) Pension Contributions (97) (100) (4) (108) 8 Pension Expense Addback 77 86 9 72 14 Changes in Other Assets/Liabilities (5) 11 16 (23) 34

Cash Flow Before Financing 1,075 985 (90) 1,095 (110)

Cash Flow From Financing (453) (537) (83) (822) 285 FX on Cash Balance - (6) (6) 11 (17)

Increase (Decrease) in Cash 621 442 (179) 284 158

Beginning Cash Balance 1,393 1,393 (0) 1,113 280 Increase (Decrease) in Cash 621 442 (179) 284 158 Change in Restricted Cash - (1) (1) (4) 3

Ending Cash Balance 2,014 1,834 (180) 1,393 441

Net Cash Balance

Cash Balance 2,014 1,834 (180) 1,393 441

Debt Balance 2,386 2,446 60 2,412 34

Net Cash Balance a (372) (612) (240) (1,019) 407

EBITDA Adj. 2,675 2,575 (99) 2,385 191 EBITDA Adj. % of Sales 15.2% 14.9% -0.3 ppt 14.5% 0.4 ppt


Delphi Confidential

Quarterly Balance Sheet2014 Forecast (2+10)

44

Note: Net cash balance includes cash, marketable securities, short term investments less debt.

$Mils Dec-13 Mar-14 Jun-14 Sep-14 Dec-14Actual Actual Actual Actual Fcst

ASSETS

Cash and Marketable Securities 1,393 1,031 1,225 1,308 1,834

GM Accounts Receivable 383 496 470 449 380 Other Customers Accounts Receivable and Allowances 2,280 2,473 2,485 2,502 2,377 Total Accounts Receivable, net 2,662 2,968 2,956 2,951 2,758

Inventory 1,093 1,242 1,237 1,212 1,106 Deferred Income Taxes 416 418 419 463 453 Property, net 3,216 3,229 3,342 3,416 3,518 Investments in Non-Consolidated JVs 234 240 247 254 261 Intangible Assets, net 1,219 1,186 1,162 1,138 1,116 Other Assets 815 774 752 780 749 TOTAL ASSETS 11,047 11,089 11,340 11,522 11,794

LIABILITIES AND STOCKHOLDERS' EQUITY

Accounts Payable 2,595 2,657 2,627 2,607 2,605 Notes Payable and Long-Term Debt 2,412 2,446 2,446 2,446 2,446 Pension Benefits 982 978 978 978 964 Post-Retirement Benefits other than Pensions 6 6 6 7 7 Minority Interest 523 526 546 465 489 Warranty, net 169 160 160 165 161 Other Liabilities 1,449 1,370 1,347 1,352 1,302 TOTAL LIABILITIES 8,136 8,143 8,111 8,018 7,974

TOTAL STOCKHOLDERS' EQUITY 2,911 2,946 3,229 3,504 3,821

TOTAL LIABILITIES AND STOCKHOLDERS' EQUITY 11,047 11,089 11,340 11,522 11,794

Memo:

Net Working Capital 1,160 1,553 1,566 1,557 1,258

Net Cash = Cash less Debt (1,018) (1,414) (1,221) (1,138) (612)


Delphi Confidential

Quarterly Cash Flow – Variance to Budget2014 Forecast (2+10)

45

Note: Net cash balance includes cash, cash equivalents, and restricted cash less debt.

$ Mils Q1-14 Q2-14 Q3-14 Q4-14 CY-14

Sales (5) (90) (117) (148) (360)

EBITDA 13 (47) (59) (34) (126) EBITDA % of Sales 0.3 ppt -0.8 ppt -1.0 ppt -0.2 ppt -0.4 ppt

Working Capital 73 (16) 21 (114) (37) Capital Expenditures (29) (21) 12 10 (28)

Restructuring Expense Addback (4) 11 18 2 27 Gross Restructuring Cash 13 (16) 15 (5) 7

Simplified OCF 67 (90) 6 (141) (157) Simplified OCF % of Sales 1.6 ppt -1.8 ppt 0.4 ppt -2.6 ppt -0.7 ppt

Cash Interest (Expense)/Income (12) 14 (16) 13 (0) Cash Income Taxes 1 17 22 8 47 Pension Contributions (2) (1) (1) (1) (4) Pension Expense Addback 3 2 2 2 9 Changes in Other Assets/Liabilities 36 11 (32) 1 16

Cash Flow Before Financing 93 (46) (19) (118) (90)

Cash Flow From Financing (118) 11 12 11 (83) FX Impact on Cash Balance (6) - - - (6)

Increase (Decrease) in Cash (30) (36) (6) (107) (179)

Beginning Cash Balance (0) (32) (67) (74) (0) Increase (Decrease) in Cash (30) (36) (6) (107) (179) Change in Restricted Cash (1) - - - (1)

Ending Cash Balance (32) (67) (74) (181) (180)

Ending Debt Balance 38 45 53 60 60

Net Cash Balance (70) (112) (126) (241) (240)

EBITDA-Adj 11 (36) (41) (33) (99) EBITDA-Adj % of Sales 0.3 ppt -0.5 ppt -0.5 ppt -0.2 ppt -0.3 ppt


Delphi Confidential

Return on Net Assets (RONA)2014 Forecast (2+10)

46

Total PT T E&S E/EA PSS HQ/Elims

RONA % Adjusted2012 Actual 37.5% 29.8% 22.8% 50.9% 49.2% 6.3%2013 Actual 36.2% 23.0% 11.2% 55.0% 48.8% 39.1%2014 Budget 37.1% 28.6% 20.6% 59.6% 47.6% 47.0%2014 2+10 forecast 35.5% 24.3% 14.2% 55.2% 47.4% 46.5%

OI Adj. after Tax Corp. Tax Rate2012 Actual 1,406 396 62 243 676 73 (44) 15.8%2013 Actual 1,527 329 32 267 831 72 (5) 17.2%2014 Budget 1,691 437 66 305 875 93 (85) 18.7%2014 2+10 forecast 1,627 373 46 284 875 94 (45) 17.8%

Avg Working Capital Balance

2012 Actual 1,164 310 26 166 561 152 (50)

2013 Actual 1,186 260 13 169 641 167 (63)

2014 Budget 1,191 261 13 181 625 179 (68)

2014 2+10 forecast 1,209 260 17 178 640 181 (68)

Avg PP&E

2012 Actual 2,587 1,018 244 312 812 1,018 (818)

2013 Actual 3,038 1,173 273 317 1,060 18 197

2014 Budget 3,367 1,265 305 330 1,214 20 233

2014 2+10 forecast 3,367 1,273 307 336 1,206 20 226

Calculation: OI after tax/Avg Net AssetsAvg Balance = (Beg of year+End of year) /2Avg Net Assets = (Avg PPE+Avg NWC)

Note: Consolidated tax rate is LTM ADJ tax rateNote: Division tax rate is held at 18% for 2013 actual, 2014 BBP, 2014 Fcst

47

SOCF and Net Working Capital


Delphi Confidential

Simplified Operating Cash FlowCY 2014 – 2+10 Forecast vs. 1+11

48

$ Mils Total PT T E&S E/EA PSS HQ/ElimCY 2014 - 2+10 Forecast

Sales 17,262 3,949 1,523 2,938 8,250 1,120 (519)

Operating Income 1,843 405 49 332 1,015 113 (71) Depreciation and Amortization 596 187 52 80 257 18 3

EBITDA 2,438 592 101 412 1,272 131 (68) EBITDA % of Sales 14.1% 15.0% 6.6% 14.0% 15.4% 11.7%

Working Capital (80) (67) (3) (2) (24) (6) 22 Capital Expenditures (855) (259) (76) (81) (358) (10) (72)

Restructuring Expense Addback 125 50 7 14 41 1 13 Restructuring Cash (205) (32) (11) (91) (45) (11) (14)

Simplified OCF 1,423 283 17 251 886 105 (119) SOCF % of Sales 8.2% 7.2% 1.1% 8.5% 10.7% 9.4%

Variance - 2+10 vs. Prior Fcst

Sales (39) 16 (14) 3 (50) 13 (7)

Operating Income (8) (5) (7) (4) (8) (0) 16 Depreciation and Amortization 3 2 (1) (1) 3 0 (1)

EBITDA (5) (3) (7) (5) (5) 0 15 EBITDA % of Sales 0.0 ppt -0.1 ppt -0.4 ppt -0.2 ppt 0.0 ppt -0.1 ppt

Working Capital 33 1 (0) 1 3 (4) 32 Capital Expenditures (14) 0 0 (0) 2 (0) (16)

Restructuring Expense Addback 6 0 2 4 1 (0) (1) Restructuring Cash 12 12 (2) 1 0 0 1

Simplified OCF 31 9 (8) 1 1 (4) 32 SOCF % of Sales 0.2 ppt 0.2 ppt -0.5 ppt 0.0 ppt 0.1 ppt -0.5 ppt


Delphi Confidential

Simplified Operating Cash FlowCY 2014 – 2+10 Forecast vs. Budget

49

$ Mils Total PT T E&S E/EA PSS HQ/ElimCY 2014 - 2+10 Forecast

Sales 17,262 3,949 1,523 2,938 8,250 1,120 (519)

Operating Income 1,843 405 49 332 1,015 113 (71) Depreciation and Amortization 596 187 52 80 257 18 3

EBITDA 2,438 592 101 412 1,272 131 (68) EBITDA % of Sales 14.1% 15.0% 6.6% 14.0% 15.4% 11.7%

Working Capital (100) (67) (3) (2) (24) (6) 3 Capital Expenditures (836) (259) (76) (81) (358) (10) (52)

Restructuring Expense Addback 125 50 7 14 41 1 13 Restructuring Cash (205) (32) (11) (91) (45) (11) (14)

Simplified OCF 1,423 283 17 251 886 105 (119) SOCF % of Sales 8.2% 7.2% 1.1% 8.5% 10.7% 9.4%

Variance - Forecast vs. Budget

Sales (360) (325) (28) (11) (0) 20 (16)

Operating Income (126) (91) (26) (32) (3) (0) 25 Depreciation and Amortization 0 (9) (1) 1 5 1 3

EBITDA (126) (100) (27) (30) 1 1 29 EBITDA % of Sales 0.3 ppt -1.2 ppt -1.6 ppt -1.0 ppt 0.0 ppt -0.2 ppt

Working Capital (37) 1 (8) 6 (30) (5) (1) Capital Expenditures (28) 20 (0) (13) (43) 0 7

Restructuring Expense Addback 27 13 1 6 3 0 3 Restructuring Cash 7 11 (5) 1 1 (0) (1)

Simplified OCF (157) (54) (38) (29) (68) (4) 37 SOCF % of Sales 0.4 ppt -0.7 ppt -2.4 ppt -1.0 ppt -0.8 ppt -0.6 ppt

Memo: CY 2014 2+10 vs. CY 2013

Variance - Simplified OCF (110) (68) 26 (3) (14) 27 (79)


Delphi Confidential

Working Capital BalancesFebruary 2014 – 2+10 Forecast vs. Budget

50

$ Mils Total PT T E&S E/EA PSS HQ/Elim

Budget - CY 2014Accounts Receivable 2,803 687 203 441 1,250 211 12 Inventory 1,142 309 91 136 528 112 (34) Accounts Payable 2,723 701 284 391 1,156 143 48

Net Working Capital 1,223 295 11 186 622 179 (70)

2+10 Forecast - CY 2014Accounts Receivable 2,758 617 219 424 1,260 226 11 Inventory 1,106 274 90 132 537 113 (40) Accounts Payable 2,605 597 290 376 1,145 155 41

Net Working Capital 1,258 294 19 179 652 184 (70)

Variance to Budget - F/(U)Accounts Receivable 46 69 (15) 17 (10) (15) 1 Inventory 37 35 2 4 (9) (1) 6 Accounts Payable (118) (103) 6 (15) (11) 12 (7)

Net Working Capital (36) 1 (8) 6 (30) (5) 0

Memo:Variance to Prior Year- F/(U)Accounts Receivable (95) (77) (7) (1) (1) (12) 2 Inventory (13) (9) (5) (9) 11 (8) 6 Accounts Payable 10 19 8 8 (34) 14 (5)

Net Working Capital (99) (67) (3) (2) (24) (6) 4


Delphi Confidential

Working Capital CashCY 2014 – 2+10 Forecast vs. Budget

51

$ Mils Total PT T E&S E/EA PSS HQ/ElimBudget - CY 2014Accounts Receivablec (141) (146) 9 (18) 9 4 1 Inventoryc (50) (45) (7) (13) 21 (6) - Accounts Payablec 128 122 2 22 (24) 2 2

Net Working Capital Cash (63) (68) 4 (9) 6 (1) 4

2+10 ForecastAccounts Receivablec (96) (77) (7) (1) (1) (12) 2 Inventoryc (13) (9) (5) (9) 11 (8) 6 Accounts Payablec 9 19 8 8 (34) 14 (5)

Net Working Capital Cash (100) (67) (3) (2) (24) (6) 3

Variance to Budget - F/(U)Accounts Receivable 45 69 (15) 17 (10) (15) 0 Inventory 36 35 2 4 (9) (1) 6 Accounts Payable (118) (103) 6 (15) (11) 12 (7)

Net Working Capital Cash (37) 1 (8) 6 (30) (5) (1)

Memo:Variance to Prior Year - F/(U)Accounts Receivable 141 (91) 12 54 147 21 (2) Inventory 14 (11) (5) (4) 35 (9) 8 Accounts Payable (245) (31) (6) (36) (232) 5 56

Net Working Capital Cash (90) (133) 1 14 (51) 17 62


Delphi Confidential

Working Capital DaysFebruary 2014 – 2+10 Forecast vs. Budget

52

Days Total PT T E&S E/EA PSS HQ/Elim

Budget - CY 2014Accounts Receivabled 57.3 54.4 47.9 53.5 56.5 69.2 - Inventoryd 23.4 24.5 21.6 16.5 23.9 36.7 - Accounts Payabled 55.7 55.5 67.0 47.5 52.2 47.1 -

Net Working Capital Days 25.0 23.4 2.5 22.5 28.1 58.8 -

2+10 Forecast - CY 2014Accounts Receivabled 58.3 54.7 52.7 53.2 57.4 67.7 - Inventoryd 23.4 24.3 21.6 16.5 24.5 33.9 - Accounts Payabled 55.1 52.9 69.9 47.2 52.2 46.5 -

Net Working Capital Days 26.6 26.0 4.5 22.5 29.7 55.1 -

Variance vs. Budget - F/(U)Accounts Receivable (1.0) (0.3) (4.8) 0.3 (0.9) 1.5 - Inventory (0.0) 0.2 (0.1) (0.0) (0.6) 2.8 - Accounts Payable (0.6) (2.6) 2.9 (0.3) (0.1) (0.6) -

Net Working Capital Days (1.6) (2.7) (2.0) 0.0 (1.6) 3.6 -

Memo:Variance vs. Prior Year - F/(U)Accounts Receivable 0.3 (0.3) (0.2) 1.8 (0.9) 5.5 - Inventory 0.7 2.4 (0.6) (0.6) 0.1 2.1 - Accounts Payable (2.0) (5.3) 0.1 (0.7) (0.7) (1.8) -

Net Working Capital Days (1.1) (3.2) (0.7) 0.5 (1.5) 5.8 -


Delphi Confidential

2013 Actual 32 38 35 33 32 33 31 34 36 33 33 26 2014 Budget 31 37 33 31 31 32 31 33 34 33 30 25 Prior Fcst 29 35 33 32 33 27 2014 Actual 29 35 2014 Fcst 2+10 35 33 32 33 27

24

26

28

30

32

34

36

38

40

Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

NW

C D

ays


52

54

56

58

60

62

64

66

68


DS

O


18

20

22

24

26

28

30

32

34


DIO


46

48

50

52

54

56

58

60

62


DP

O

2014 Working CapitalDays Sales Outstanding

2013 Actual 2014 Budget 2014 Fcst 2+10 2014 Actual

53

Accounts Receivable Accounts Payable

Inventory Net Working Capital

F

avor

able

F

avor

able

F

avor

able

Favo

rabl

e

Days calculation = period ending balance / 3 months sales X days in the 3 months


Delphi Confidential

2014 Accounts ReceivableDays Sales Outstanding (DSO)

54

Days calculation = period ending accounts receivable / 3 months sales X days in the 3 months

Memo:2014 Actual Act Act Fcst Fcst Fcst Fcst Fcst Fcst Fcst Fcst Fcst FcstDec-13

PT 57 61 58 57 57 55 54 T 56 59 58 56 58 53 53 ES 55 64 58 55 59 53 55 EEA 59 65 62 61 63 57 56 PSS 75 76 78 71 73 68 73 Total 60 67 63 61 63 58 59

Prior Fcst 1+11 60 66 62 61 63 58

Var to Bgt - F/(U)

PT 2 0 0 (0) 1 (0) T (1) (0) (4) (2) (5) (5) ES (3) (6) (3) (2) (0) 0 EEA 1 1 (1) 1 1 (1) PSS (3) (4) (2) 1 (2) 1 Total (0) (1) (1) (0) (0) (1)

52

54

56

58

60

62

64

66

68


DS

O



Delphi Confidential

2014 InventoryDays Inventory Outstanding (DIO)

55

Days calculation = period ending inventory / 3 months sales X days in the 3 months



Prior Fcst 1+11 28 28 26 25 26 23

Var to Bgt - F/(U)

PT 1 (0) 0 0 (1) 0 T 1 1 0 (0) (0) (0) ES 0 0 (1) (0) (0) (0) EEA (1) 1 0 (0) 1 (1) PSS (4) (6) (6) (1) 2 3 Total (0) 0 (0) (0) 1 (0)

18

20

22

24

26

28

30

32

34


DIO



Delphi Confidential

2014 Accounts PayableDays Payable Outstanding (DPO)

56

Days calculation = period ending accounts payable / 3 months sales X days in the 3 months



Prior Fcst 1+11 59 58 56 54 56 55

Var to Bgt - F/(U)

PT 2 6 1 (2) (1) (3) T 3 5 4 3 2 3 ES 3 2 1 0 1 (0) EEA 2 1 0 (0) (1) (0) PSS (3) (0) (2) (4) (4) (1) Total 2 3 1 (0) (0) (1)

46

48

50

52

54

56

58

60

62


DP

O


57

Capex and Restructuring


Delphi Confidential

Capex February 2014 Actual vs. BBP

58

$Mils

February per BBP Total PT T ES EEA DPSS HQ AP / Elims

Sales 1,375 323 122 235 657 78 - (40)

Capex (Mgmt Reported) 65 22 6 6 26 1 5 Capex Acct Payable Impact 45 - - - - - - 45

Capex (CF Reporting) 110 22 6 6 26 1 5 45

Capex % of Sales (CF basis) 8.0% 6.7% 5.0% 2.4% 4.0% 0.8% 0.3% 0.0%

February ActualSales 1,385 305 125 236 688 73 - (42)



Capex % of Sales (CF basis) 12.1% 5.9% 3.8% 1.8% 3.3% 0.2% 0.1% n.m.

Variance - F/(U)Sales 10 (18) 3 0 32 (5) - (2)

Capex (Mgmt Reported) 14 4 1 1 3 0 4 - Capex Acct Payable Impact (71) - - - - - - (71)

Capex (CF Reporting) (57) 4 1 1 3 0 4 (71)

Capex % of Sales (4.1%) 0.9% 1.2% 0.6% 0.7% 0.6% 0.3% n.m.


Delphi Confidential

Capex February 2014 Actual vs. Prior Forecast

59

$Mils

February per 1+11 Fcst Total PT T ES EEA DPSS HQ AP / Elims

Sales 1,378 296 126 236 685 75 - (39)



Capex % of Sales (CF basis) 12.1% 8.2% 5.2% 2.8% 3.9% 0.9% 0.3% 0.0%

February ActualSales 1,385 305 125 236 688 73 - (42)



Capex % of Sales (CF basis) 12.1% 5.9% 3.8% 1.8% 3.3% 0.2% 0.1% n.m.

Variance - F/(U)Sales 6 8 (0) 0 3 (2) - (3)

Capex (Mgmt Reported) 18 6 2 2 4 0 3 - Capex Acct Payable Impact (19) - - - - - - (19)

Capex (CF Reporting) (1) 6 2 2 4 0 3 (19)

Capex % of Sales (0.0%) 2.3% 1.4% 1.0% 0.6% 0.6% 0.2% n.m.



Capital Expenditures2014 vs 2013 By Quarter

$mils Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CY Q1 Q2 Q3 Q4 CYDivision

Powertrain 54 54 57 94 259 42 26 48 128 244 (11) (27) (9) 33 (14) Thermal 17 18 19 22 76 15 17 20 24 77 (1) (1) 1 2 1 E&S 18 29 22 13 81 17 13 16 20 65 (1) (16) (6) 7 (16) EEA 69 107 85 96 358 57 74 60 122 312 (13) (34) (25) 25 (46)

DPSS 1 4 4 0 10 0 0 1 2 3 (1) (4) (4) 1 (7)

HQ 6 16 18 13 53 5 6 4 17 32 (1) (10) (14) 4 (21)

Total 164 228 206 239 836 136 136 149 312 733 (27) (91) (57) 73 (103)

AP Cash 133 (33) (40) (60) (0) 75 (14) 7 (144) (76) (58) 19 47 (84) (76)

Cash CapEx 296 195 166 179 836 211 122 156 168 657 (85) (73) (10) (11) (179)

% to Sales Mgmt 3.9% 5.2% 4.8% 5.5% 4.8% 3.4% 3.2% 3.7% 7.5% 4.5% -0.5% -2.0% -1.1% 2.0% -0.4%

% to Sales Cash 7.0% 4.4% 3.9% 4.1% 4.8% 5.2% 2.9% 3.9% 4.0% 4.0% -1.7% -1.6% 0.0% -0.1% -0.9%

2014 Fcst (2+10) 2013 CY Actual Year over Year Variance



Restructuring2014 BBP Vs. 2014 2+10 Forecast

R-CashActuals/Forecast Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 TotalPT 4.51 11.45 8.60 7.72 32.29 1.70 0.70 34.10 7.10 43.60 (2.81) (10.75) 25.50 (0.62) 11.31 T 2.90 4.39 2.92 0.81 11.02 3.92 1.21 0.47 0.23 5.83 1.02 (3.19) (2.44) (0.58) (5.19) E&S 30.56 27.96 19.26 13.39 91.16 30.39 27.94 19.63 14.40 92.35 (0.16) (0.03) 0.37 1.01 1.19 E/EA 10.78 7.85 10.12 16.48 45.22 23.44 6.74 3.51 12.05 45.75 12.67 (1.11) (6.60) (4.43) 0.53 PSS 2.68 1.95 4.48 1.86 10.97 3.23 1.83 4.21 1.58 10.85 0.55 (0.12) (0.27) (0.27) (0.12) HQ 2.16 5.32 4.51 2.00 13.98 4.07 4.18 2.68 2.24 13.16 1.90 (1.14) (1.83) 0.25 (0.82) Total R-Cash 53.58 58.93 49.88 42.26 204.65 66.75 42.59 64.60 37.60 211.55 13.17 (16.34) 14.72 (4.65) 6.90

- 19.13 20.32 (21.42) 35.55 - 2.79 35.03 (36.24) 32.27 R-ExpenseActuals/Forecast Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 TotalPT 1.06 20.16 21.77 6.84 49.83 2.50 13.75 20.12 0.20 36.56 1.44 (6.42) (1.65) (6.64) (13.27) T 3.51 1.37 1.35 0.55 6.78 3.46 1.16 0.46 0.21 5.30 (0.05) (0.21) (0.89) (0.34) (1.48) E&S 5.60 5.03 1.75 1.78 14.16 2.50 2.50 1.50 1.50 8.00 (3.10) (2.53) (0.25) (0.28) (6.16) E/EA 18.43 2.85 15.30 4.28 40.85 21.97 4.38 1.10 10.53 37.99 3.54 1.54 (14.20) 6.26 (2.87) PSS 0.29 0.65 0.13 0.08 1.14 0.25 0.25 0.25 0.25 1.00 (0.04) (0.40) 0.13 0.18 (0.14) HQ 1.12 4.30 1.77 5.34 12.53 2.95 1.55 0.75 4.65 9.90 1.83 (2.75) (1.02) (0.69) (2.63) Total R-Expense 30.01 34.36 42.06 18.86 125.30 33.63 23.59 24.18 17.35 98.75 3.62 (10.78) (17.88) (1.51) (26.55)

- 7.74 5.50 (31.13) (19.64) - (3.03) (12.38) (50.66) (64.21) Memo:EEA MVLIntegration (I) 2.61 2.57 2.62 3.91 11.72 1.58 2.51 2.69 4.76 11.54 (1.03) (0.06) 0.06 0.85 (0.18)

Total R-Expense + I 32.62 36.93 44.69 22.77 137.02 35.22 26.10 26.86 22.11 110.29 2.59 (10.84) (17.82) (0.66) (26.73)

2014 - Current Forecast (2+10)

2014 - Current Forecast (2+10) 2014 - BBP

Variance Anlaysis2014 - BBP 2014 BBP Vs. 2014 Current Fcst - Fav/(Unfav)

2014 BBP Vs. 2014 Current Fcst - Fav/(Unfav)



Restructuring 2014 BBP Vs. 2014 2+10 Forecast – Regional Info.

Majority of Spend is in Europe

Regional InfoQ1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total

R-Cash $5.77 $6.62 $4.35 $2.30 $19.04 6.31 4.07 2.58 1.89 14.85 0.54 (2.55) (1.77) (0.41) (4.18) R-Expense $1.35 $3.85 $2.26 $1.26 $8.72 5.05 1.85 1.85 1.85 10.60 3.70 (2.00) (0.41) 0.59 1.88 Integration $0.32 $0.96 $0.99 $0.91 $3.17 0.76 0.81 0.84 0.76 3.17 0.44 (0.15) (0.15) (0.15) 0.00

EU EU EUR-Cash $44.26 $45.95 $43.74 $39.05 $173.00 57.44 37.67 61.59 35.39 192.10 13.18 (8.28) 17.85 (3.66) 19.10 R-Expense $21.79 $26.76 $38.81 $17.05 $104.41 25.28 20.99 22.10 15.23 83.60 3.50 (5.78) (16.71) (1.83) (20.81) Integration $1.75 $1.43 $1.56 $3.00 $7.74 0.52 1.64 1.78 3.94 7.88 (1.22) 0.21 0.22 0.94 0.14

SA SA SAR-Cash 2.88 3.89 0.61 0.31 7.69 1.78 0.29 0.01 0.06 2.15 (1.09) (3.60) (0.60) (0.25) (5.54) R-Expense 6.21 0.78 0.31 - 7.30 1.78 0.29 0.01 0.06 2.15 (4.43) (0.49) (0.30) 0.06 (5.15) Integration 0.55 0.19 0.07 - 0.81 0.24 - - - 0.24 (0.31) (0.19) (0.07) - (0.57)

AP AP APR-Cash 0.67 2.47 1.18 0.60 4.93 1.21 0.56 0.41 0.26 2.45 0.54 (1.91) (0.77) (0.34) (2.48) R-Expense 0.66 2.97 0.68 0.55 4.87 1.51 0.46 0.21 0.21 2.40 0.85 (2.51) (0.47) (0.34) (2.47) Integration - - - - - 0.06 0.06 0.06 0.06 0.25 0.06 0.06 0.06 0.06 0.25

Total Total TotalR-Cash 53.58 58.93 49.88 42.26 204.65 66.75 42.59 64.60 37.60 211.55 13.17 (16.34) 14.72 (4.65) 6.90 R-Expense 30.01 34.36 42.06 18.86 125.30 33.63 23.59 24.18 17.35 98.75 3.62 (10.78) (17.88) (1.51) (26.55) Integration 2.61 2.57 2.62 3.91 11.72 1.58 2.51 2.69 4.76 11.54 (1.03) (0.06) 0.06 0.85 (0.18)

NANA

2014 - Current Forecast (2+10) 2014 - BBP 2014 BBP Vs. 2014 Current Fcst - Fav/(Unfav)

NA



Restructuring2013 Actuals Vs. 2014 2+10 Forecast – Divisional Info

R-CashActuals/Forecast Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 TotalPT 6.99 5.51 3.00 22.38 37.87 4.51 11.45 8.60 7.72 32.29 2.47 (5.95) (5.61) 14.65 5.57 T 3.23 2.65 1.82 1.09 8.80 2.90 4.39 2.92 0.81 11.02 0.33 (1.74) (1.10) 0.28 (2.22) E&S 13.13 15.03 10.97 24.33 63.46 30.56 27.96 19.26 13.39 91.16 (17.42) (12.94) (8.29) 10.94 (27.71) E/EA 8.64 13.06 11.57 13.62 46.89 10.78 7.85 10.12 16.48 45.22 (2.13) 5.21 1.45 (2.86) 1.67 PSS 2.43 1.95 0.92 0.67 5.96 2.68 1.95 4.48 1.86 10.97 (0.25) (0.01) (3.57) (1.19) (5.01) HQ 1.64 1.61 1.29 1.60 6.14 2.16 5.32 4.51 2.00 13.98 (0.53) (3.70) (3.21) (0.40) (7.84) Total R-Cash 36.06 39.80 29.57 63.68 169.11 53.58 58.93 49.88 42.26 204.65 (17.53) (19.13) (20.32) 21.42 (35.55)

- - - - - - 19.13 20.32 (21.42) 35.55 R-ExpenseActuals/Forecast Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 Total Q1 Q2 Q3 Q4 TotalPT 1.16 3.59 3.58 29.36 37.69 1.06 20.16 21.77 6.84 49.83 0.10 (16.58) (18.19) 22.53 (12.15) T 1.71 0.35 2.93 3.49 8.49 3.51 1.37 1.35 0.55 6.78 (1.80) (1.03) 1.59 2.94 1.70 E&S 10.45 14.56 18.17 11.55 54.74 5.60 5.03 1.75 1.78 14.16 4.85 9.54 16.42 9.77 40.58 E/EA 10.26 7.35 6.90 0.73 25.24 18.43 2.85 15.30 4.28 40.85 (8.17) 4.50 (8.40) (3.54) (15.61) PSS 7.10 0.04 3.96 2.29 13.39 0.29 0.65 0.13 0.08 1.14 6.80 (0.61) 3.84 2.22 12.25 HQ 1.09 0.74 1.01 2.56 5.40 1.12 4.30 1.77 5.34 12.53 (0.03) (3.56) (0.76) (2.78) (7.13) Total R-Expense 31.77 26.62 36.56 49.99 144.94 30.01 34.36 42.06 18.86 125.30 1.75 (7.74) (5.50) 31.13 19.64

- - - - - - 7.74 5.50 (31.13) (19.64) Memo:EEA MVLIntegration (I) 2.38 4.10 4.20 4.88 15.56 2.61 2.57 2.62 3.91 11.72 (0.24) 1.53 1.58 0.96 3.84

Total R-Expense + I 34.14 30.72 40.77 54.87 160.50 32.62 36.93 44.69 22.77 137.02 1.52 (6.21) (3.92) 32.10 23.48

2014 - Current Forecast (2+10)

2014 - Current Forecast (2+10)2013 - Actual 2013 Vs. 2014 Current Fcst- Fav/(Unfav)

2013 - Actual 2013 Vs. 2014 Current Fcst- Fav/(Unfav)

64

Common Size Reports



Total Delphi 2+10 2014 Common SizeQ1 Q2 Q3 Q4 CY 13 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14

Sales 4,024 4,240 4,016 4,183 16,463 4,244 4,384 4,282 4,352 17,262 4,249 4,474 4,399 4,501 17,622 (5) (90) (117) (148) (360) Phasing 24.4% 25.8% 24.4% 25.4% 100.0% 24.6% 25.4% 24.8% 25.2% 100.0% 24.1% 25.4% 25.0% 0.25539 100.0%

Material 2,034 2,156 2,032 2,134 8,356 2,141 2,221 2,152 2,199 8,714 2,164 2,274 2,212 2,265 8,914 23 52 60 66 200 % Sales 50.5% 50.9% 50.6% 51.0% 50.8% 50.5% 50.7% 50.3% 50.5% 50.5% 50.9% 50.8% 50.3% 50.3% 50.6%

MFG 765 797 782 796 3,141 791 798 769 763 3,121 781 800 798 808 3,187 (10) 2 29 45 66 % Sales 19.0% 18.8% 19.5% 19.0% 19.1% 18.6% 18.2% 18.0% 17.5% 18.1% 18.4% 17.9% 18.1% 17.9% 18.1%

Factory Margin 1,225 1,287 1,202 1,253 4,966 1,312 1,365 1,360 1,390 5,427 1,304 1,400 1,389 1,428 5,521 (7) 35 28 38 94 Factory Margin % 30.4% 30.3% 29.9% 30.0% 30.2% 30.9% 31.1% 31.8% 31.9% 31.4% 30.7% 31.3% 31.6% 31.7% 31.3%

Engineering 321 313 314 283 1,231 327 314 306 290 1,236 329 319 315 310 1,272 2 5 9 20 36 % Sales 8.0% 7.4% 7.8% 6.8% 7.5% 7.7% 7.2% 7.1% 6.7% 7.2% 7.7% 7.1% 7.2% 6.9% 7.2%

OCOGS 122 101 105 108 435 135 141 140 140 556 118 136 131 137 522 (17) (5) (9) (3) (34) % Sales 3.0% 2.4% 2.6% 2.6% 2.6% 3.2% 3.2% 3.3% 3.2% 3.2% 2.8% 3.0% 3.0% 3.0% 3.0%

GM 783 873 782 862 3,300 850 910 914 961 3,635 858 945 943 981 3,727 (8) (35) (28) (21) (93) % Sales 19.5% 20.6% 19.5% 20.6% 20.0% 20.0% 20.8% 21.4% 22.1% 21.1% 20.2% 21.1% 21.4% 21.8% 21.2%

SG&A 223 232 220 255 930 248 267 278 278 1,071 266 266 265 267 1,064 18 (1) (13) (12) (7) % Sales 5.5% 5.5% 5.5% 6.1% 5.7% 5.8% 6.1% 6.5% 6.4% 6.2% 6.3% 6.0% 6.0% 5.9% 6.0%

EBITDA - Adj 562 646 566 611 2,385 604 645 639 686 2,575 594 681 681 719 2,675 11 (36) (41) (33) (99) % Sales 14.0% 15.2% 14.1% 14.6% 14.5% 14.2% 14.7% 14.9% 15.8% 14.9% 14.0% 15.2% 15.5% 16.0% 15.2%

R 32 27 37 50 145 30 34 42 19 125 34 24 24 17 99 4 (11) (18) (2) (27) % Sales 0.8% 0.6% 0.9% 1.2% 0.9% 0.7% 0.8% 1.0% 0.4% 0.7% 0.8% 0.5% 0.5% 0.4% 0.6%

EBITDA 530 619 529 561 2,240 572 608 595 664 2,438 558 655 654 697 2,564 13 (47) (59) (34) (126) % Sales 13.2% 14.6% 13.2% 13.4% 13.6% 13.5% 13.9% 13.9% 15.2% 14.1% 13.1% 14.6% 14.9% 15.5% 14.6%

D&A 131 133 138 139 540 141 139 156 159 596 138 139 159 159 595 (3) 0 3 0 (0) % Sales 3.2% 3.1% 3.4% 3.3% 3.3% 3.3% 3.2% 3.7% 3.6% 3.5% 3.2% 3.1% 3.6% 3.5% 3.4%

OI 397 482 387 417 1,684 430 469 438 505 1,843 420 516 494 538 1,969 10 (47) (56) (34) (126) % Sales 9.9% 11.4% 9.6% 10.0% 10.2% 10.1% 10.7% 10.2% 11.6% 10.7% 9.9% 11.5% 11.2% 12.0% 11.2%

OI - ADJ 432 513 429 472 1,846 464 506 483 528 1,980 456 542 521 561 2,079 8 (36) (38) (33) (99) % Sales 10.7% 12.1% 10.7% 11.3% 11.2% 10.9% 11.5% 11.3% 12.1% 11.5% 10.7% 12.1% 11.8% 12.5% 11.8%

R Impairments - 1 0 - 1 1 - - - 1 - - - - - (1) - - - (1) Integration 2 4 4 5 16 3 3 3 4 12 2 3 3 5 12 (1) (0) 0 1 (0)

% Sales 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.0% 0.1% 0.1% 0.1% 0.1%

SOCF 55 495 327 657 1,533 (10) 343 390 699 1,423 (77) 433 384 840 1,580 67 (90) 6 (141) (157)

2013 Actual 2014 2+10 Forecast 2014 BBP Change to BBP

Note: Integration and R Impairments included in the above financial statement line items



PT 2+10 2014 Common SizeQ1 Q2 Q3 Q4 CY 13 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14

Sales 950 978 876 914 3,718 940 1,000 970 1,039 3,949 993 1,049 1,071 1,162 4,275 (53) (48) (101) (123) (325) Phasing 25.6% 26.3% 23.6% 24.6% 100.0% 23.8% 25.3% 24.6% 26.3% 100.0% 23.2% 24.5% 25.1% 27.2% 100.0%

Material 426 450 404 420 1,699 429 464 439 479 1,811 459 487 495 534 1,975 30 23 55 56 164 % Sales 44.8% 46.0% 46.1% 46.0% 45.7% 45.6% 46.4% 45.3% 46.1% 45.9% 46.3% 46.4% 46.2% 46.0% 46.2%

MFG 200 197 190 193 780 193 201 192 191 777 197 201 211 224 833 4 0 19 32 56 % Sales 21.0% 20.2% 21.7% 21.1% 21.0% 20.6% 20.1% 19.8% 18.4% 19.7% 19.9% 19.1% 19.7% 19.3% 19.5%

Factory Margin 325 331 282 301 1,239 318 336 339 369 1,361 336 361 365 404 1,467 19 25 27 35 106 Factory Margin % 34.2% 33.9% 32.2% 32.9% 33.3% 33.8% 33.5% 34.9% 35.5% 34.5% 33.9% 34.4% 34.1% 34.8% 34.3%

Engineering 110 101 98 75 385 109 103 96 87 395 111 107 107 105 430 2 4 11 18 35 % Sales 11.6% 10.3% 11.2% 8.2% 10.3% 11.6% 10.3% 9.9% 8.3% 10.0% 11.1% 10.2% 10.0% 9.0% 10.1%

OCOGS 29 21 23 27 101 30 28 27 27 112 27 24 24 25 100 (3) (4) (3) (2) (13) % Sales 3.1% 2.2% 2.7% 3.0% 2.7% 3.1% 2.8% 2.8% 2.6% 2.8% 2.7% 2.3% 2.2% 2.2% 2.3%

GM 186 209 160 198 753 179 204 215 255 854 199 230 234 274 937 (20) (26) (19) (19) (84) % Sales 19.5% 21.3% 18.3% 21.7% 20.2% 19.1% 20.4% 22.2% 24.5% 21.6% 20.0% 21.9% 21.9% 23.6% 21.9%

SG&A 49 46 45 46 185 53 53 52 53 212 52 53 52 52 209 (1) (1) (1) (1) (3) % Sales 5.1% 4.7% 5.1% 5.0% 5.0% 5.7% 5.3% 5.4% 5.1% 5.4% 5.3% 5.0% 4.8% 4.5% 4.9%

EBITDA - Adj 137 163 115 152 568 126 151 163 202 642 147 177 182 222 729 (21) (26) (20) (20) (87) % Sales 14.4% 16.6% 13.2% 16.7% 15.3% 13.4% 15.1% 16.8% 19.4% 16.2% 14.8% 16.9% 17.0% 19.1% 17.0%

R 1 4 4 29 38 1 20 22 7 50 2 14 20 0 37 1 (6) (2) (7) (13) % Sales 0.1% 0.4% 0.4% 3.2% 1.0% 0.1% 2.0% 2.2% 0.7% 1.3% 0.3% 1.3% 1.9% 0.0% 0.9%

EBITDA 136 159 112 123 530 125 131 141 195 592 144 164 162 222 692 (19) (33) (21) (27) (100) % Sales 14.3% 16.3% 12.8% 13.5% 14.2% 13.3% 13.1% 14.5% 18.8% 15.0% 14.5% 15.6% 15.1% 19.1% 16.2%

D&A 42 39 42 44 166 45 46 48 48 187 47 48 50 51 196 2 2 2 3 9 % Sales 4.4% 3.9% 4.8% 4.8% 4.5% 4.7% 4.6% 5.0% 4.6% 4.7% 4.7% 4.6% 4.7% 4.4% 4.6%

OI 94 120 70 79 364 80 85 93 147 405 97 115 112 172 496 (17) (31) (19) (24) (91) % Sales 9.9% 12.3% 8.0% 8.6% 9.8% 8.5% 8.5% 9.6% 14.2% 10.3% 9.8% 11.0% 10.5% 14.8% 11.6%

OI - ADJ 95 124 74 108 402 81 105 115 154 455 100 129 132 172 533 (18) (24) (18) (18) (78) % Sales 10.0% 12.7% 8.4% 11.8% 10.8% 8.6% 10.5% 11.8% 14.8% 11.5% 10.0% 12.3% 12.3% 14.8% 12.5%

R Impairments - - - - - - - - - - - - - - - - - - - - Integration 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 - - - - -

% Sales 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

SOCF 10 150 92 99 351 (29) 38 143 132 283 (80) 115 99 203 337 50 (78) 44 (70) (54)





Thermal 2+10 2014 Common SizeQ1 Q2 Q3 Q4 CY 13 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14

Sales 360 373 364 371 1,468 383 374 385 381 1,523 376 392 393 390 1,550 7 (18) (8) (9) (28) Phasing 24.5% 25.4% 24.8% 25.3% 100.0% 25.1% 24.5% 25.3% 25.1% 100.0% 24.2% 25.3% 25.3% 25.2% 100.0%

Material 222 233 227 233 915 238 229 234 232 933 231 239 236 234 940 (7) 10 2 2 7 % Sales 61.6% 62.6% 62.3% 62.8% 62.3% 62.2% 61.3% 60.8% 60.7% 61.2% 61.5% 60.9% 60.2% 59.9% 60.6%

MFG 64 71 72 71 278 71 71 68 66 277 68 70 67 65 269 (4) (1) (2) (1) (7) % Sales 17.9% 19.0% 19.6% 19.2% 18.9% 18.7% 18.9% 17.8% 17.4% 18.2% 18.0% 17.7% 17.0% 16.7% 17.4%

Factory Margin 74 69 66 67 275 73 74 82 84 313 77 84 89 91 341 4 9 7 8 28 Factory Margin % 20.5% 18.4% 18.0% 18.0% 18.7% 19.1% 19.9% 21.4% 21.9% 20.6% 20.5% 21.3% 22.8% 23.4% 22.0%

Engineering 25 25 24 25 100 26 25 23 23 97 25 25 23 24 96 (1) (0) 1 1 (0) % Sales 7.0% 6.8% 6.7% 6.7% 6.8% 6.8% 6.7% 5.9% 6.1% 6.4% 6.6% 6.3% 5.9% 6.1% 6.2%

OCOGS 7 2 8 7 24 9 8 8 8 34 9 9 10 10 37 0 0 1 1 3 % Sales 1.9% 0.6% 2.3% 1.9% 1.7% 2.4% 2.2% 2.2% 2.2% 2.2% 2.4% 2.2% 2.5% 2.5% 2.4%

GM 42 41 33 35 151 38 41 51 52 182 43 51 57 58 208 (5) (9) (5) (6) (25) % Sales 11.7% 11.1% 9.0% 9.4% 10.3% 9.9% 11.0% 13.3% 13.6% 12.0% 11.4% 12.9% 14.4% 14.8% 13.4%

SG&A 17 18 17 17 69 19 19 19 19 75 18 19 19 19 75 (1) 0 0 0 0 % Sales 4.9% 4.8% 4.6% 4.6% 4.7% 5.0% 5.0% 4.8% 4.9% 4.9% 4.9% 4.8% 4.8% 4.9% 4.8%

EBITDA - Adj 24 24 16 18 82 19 23 33 33 107 24 32 38 39 133 (6) (9) (5) (5) (25) % Sales 6.8% 6.3% 4.4% 4.8% 5.6% 4.9% 6.0% 8.5% 8.8% 7.1% 6.4% 8.1% 9.6% 10.0% 8.5%

R 2 0 3 3 8 4 1 1 1 7 3 1 0 0 5 (0) (0) (1) (0) (1) % Sales 0.5% 0.1% 0.8% 0.9% 0.6% 0.9% 0.4% 0.4% 0.1% 0.4% 0.9% 0.3% 0.1% 0.1% 0.3%

EBITDA 23 23 13 14 73 15 21 31 33 101 21 30 37 39 127 (6) (9) (6) (6) (27) % Sales 6.3% 6.2% 3.6% 3.9% 5.0% 4.0% 5.7% 8.2% 8.6% 6.6% 5.5% 7.8% 9.5% 9.9% 8.2%

D&A 11 11 11 11 43 12 13 13 14 52 13 13 13 13 53 1 1 (0) (1) 1 % Sales 2.9% 2.9% 3.0% 2.8% 2.9% 3.0% 3.4% 3.4% 3.7% 3.4% 3.4% 3.4% 3.3% 3.4% 3.4%

OI 12 13 2 4 31 4 9 18 19 49 8 17 24 25 75 (4) (9) (6) (7) (26) % Sales 3.4% 3.4% 0.6% 1.0% 2.1% 0.9% 2.3% 4.7% 4.9% 3.2% 2.1% 4.4% 6.2% 6.5% 4.8%

OI - ADJ 14 13 5 7 39 7 10 20 19 56 11 18 25 26 80 (4) (8) (5) (6) (24) % Sales 3.9% 3.5% 1.4% 2.0% 2.7% 1.9% 2.7% 5.1% 5.1% 3.7% 3.0% 4.7% 6.3% 6.5% 5.2%


% Sales 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

SOCF (38) 14 (25) 40 (9) (45) 5 0 56 17 (40) 16 23 56 55 (5) (10) (23) 0 (38)





ES 2+10 2014 Common SizeQ1 Q2 Q3 Q4 CY 13 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14

Sales 694 725 704 708 2,830 727 744 733 734 2,938 722 739 730 758 2,950 5 5 2 (24) (11) Phasing 24.5% 25.6% 24.9% 25.0% 100.0% 24.8% 25.3% 24.9% 25.0% 100.0% 24.5% 25.1% 24.8% 25.7% 100.0%

Material 381 401 394 399 1,574 403 414 410 411 1,638 401 410 408 425 1,643 (2) (4) (2) 14 6 % Sales 54.9% 55.3% 56.0% 56.3% 55.6% 55.4% 55.6% 56.0% 56.0% 55.7% 55.5% 55.4% 55.9% 56.1% 55.7%

MFG 80 80 80 74 314 75 74 71 70 289 75 74 73 73 294 0 1 2 2 5 % Sales 11.6% 11.0% 11.4% 10.4% 11.1% 10.2% 9.9% 9.7% 9.6% 9.8% 10.3% 10.0% 9.9% 9.6% 10.0%

Factory Margin 232 244 230 235 942 250 257 252 253 1,011 247 255 250 260 1,012 (3) (1) (2) 7 1 Factory Margin % 33.5% 33.7% 32.7% 33.2% 33.3% 34.4% 34.5% 34.4% 34.4% 34.4% 34.2% 34.6% 34.2% 34.3% 34.3%

Engineering 89 87 90 81 348 87 79 82 81 329 86 80 78 77 321 (1) 2 (4) (4) (7) % Sales 12.9% 12.0% 12.8% 11.5% 12.3% 12.0% 10.6% 11.2% 11.0% 11.2% 11.9% 10.9% 10.7% 10.1% 10.9%

OCOGS 18 10 10 15 53 21 21 20 21 84 18 16 17 19 71 (3) (5) (3) (2) (13) % Sales 2.5% 1.4% 1.5% 2.1% 1.9% 2.9% 2.8% 2.7% 2.9% 2.8% 2.5% 2.2% 2.4% 2.5% 2.4%

GM 125 147 129 139 542 141 157 150 151 599 143 159 155 164 620 (1) (2) (4) (14) (21) % Sales 18.1% 20.4% 18.4% 19.7% 19.1% 19.4% 21.1% 20.5% 20.5% 20.4% 19.7% 21.5% 21.2% 21.7% 21.0%

SG&A 37 39 29 38 142 43 44 43 43 173 42 43 43 43 170 (1) (1) (1) (0) (3) % Sales 5.3% 5.4% 4.1% 5.3% 5.0% 5.9% 5.9% 5.9% 5.9% 5.9% 5.9% 5.8% 5.8% 5.7% 5.8%

EBITDA - Adj 89 109 100 102 399 98 113 107 107 426 100 116 112 121 450 (2) (3) (5) (14) (24) % Sales 12.8% 15.0% 14.2% 14.4% 14.1% 13.5% 15.2% 14.6% 14.6% 14.5% 13.9% 15.7% 15.3% 16.0% 15.2%

R 10 15 18 12 55 6 5 2 2 14 3 3 2 2 8 (3) (3) (0) (0) (6) % Sales 1.5% 2.0% 2.6% 1.6% 1.9% 0.8% 0.7% 0.2% 0.2% 0.5% 0.3% 0.3% 0.2% 0.2% 0.3%

EBITDA 78 94 82 90 344 93 108 105 106 412 98 114 111 120 442 (5) (5) (5) (14) (30) % Sales 11.3% 13.0% 11.6% 12.7% 12.2% 12.7% 14.5% 14.3% 14.4% 14.0% 13.5% 15.4% 15.1% 15.8% 15.0%

D&A 18 18 18 19 73 20 20 20 20 80 18 23 19 19 78 (2) 3 (1) (1) (1) % Sales 2.6% 2.5% 2.6% 2.6% 2.6% 2.7% 2.6% 2.8% 2.8% 2.7% 2.5% 3.1% 2.6% 2.5% 2.7%

OI 60 76 64 71 271 73 88 85 85 332 80 91 92 101 363 (7) (2) (7) (16) (32) % Sales 8.6% 10.5% 9.0% 10.1% 9.6% 10.1% 11.9% 11.6% 11.6% 11.3% 11.1% 12.3% 12.6% 13.3% 12.3%

OI - ADJ 70 91 82 83 326 79 94 87 87 346 82 93 93 102 371 (4) 0 (7) (15) (25) % Sales 10.1% 12.5% 11.6% 11.7% 11.5% 10.8% 12.6% 11.8% 11.9% 11.8% 11.4% 12.6% 12.8% 13.5% 12.6%


% Sales 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

SOCF 13 79 45 117 254 (9) 71 49 140 251 12 80 40 148 280 (21) (9) 9 (8) (29)





EEA 2+10 2014 Common Size

Q1 Q2 Q3 Q4 CY 13 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14Sales 1,921 2,044 1,956 2,051 7,972 2,094 2,117 2,020 2,020 8,250 2,034 2,136 2,045 2,036 8,250 60 (19) (25) (16) (0)

Phasing 24.1% 25.6% 24.5% 25.7% 100.0% 25.4% 25.7% 24.5% 24.5% 100.0% 24.6% 25.9% 24.8% 24.7% 100.0%Material 976 1,032 969 1,021 3,997 1,045 1,055 994 1,000 4,094 1,030 1,071 1,005 1,009 4,115 (15) 16 12 8 21

% Sales 50.8% 50.5% 49.5% 49.8% 50.1% 49.9% 49.9% 49.2% 49.5% 49.6% 50.6% 50.2% 49.2% 49.5% 49.9%

MFG 419 446 438 458 1,761 448 449 434 430 1,761 436 451 443 441 1,771 (11) 2 9 11 11 % Sales 21.8% 21.8% 22.4% 22.3% 22.1% 21.4% 21.2% 21.5% 21.3% 21.3% 21.5% 21.1% 21.6% 21.7% 21.5%

Factory Margin 525 566 550 573 2,214 601 612 592 589 2,395 567 613 597 586 2,364 (33) 1 4 (3) (31) Factory Margin % 27.3% 27.7% 28.1% 27.9% 27.8% 28.7% 28.9% 29.3% 29.2% 29.0% 27.9% 28.7% 29.2% 28.8% 28.6%

Engineering 91 96 96 98 381 101 100 98 94 393 100 101 100 99 400 (1) 0 2 4 6 % Sales 4.7% 4.7% 4.9% 4.8% 4.8% 4.8% 4.7% 4.8% 4.7% 4.8% 4.9% 4.7% 4.9% 4.8% 4.8%

OCOGS 53 48 47 55 203 66 54 56 56 232 51 49 50 51 201 (15) (5) (7) (5) (32) % Sales 2.8% 2.4% 2.4% 2.7% 2.5% 3.2% 2.5% 2.8% 2.8% 2.8% 2.5% 2.3% 2.4% 2.5% 2.4%

GM 382 421 407 419 1,630 434 458 438 440 1,770 416 464 447 437 1,763 18 (6) (9) 3 6 % Sales 19.9% 20.6% 20.8% 20.4% 20.4% 20.7% 21.6% 21.7% 21.8% 21.4% 20.4% 21.7% 21.9% 21.5% 21.4%

SG&A 101 98 101 99 399 111 115 115 115 457 113 114 114 114 455 2 (1) (2) (1) (2) % Sales 5.3% 4.8% 5.2% 4.8% 5.0% 5.3% 5.4% 5.7% 5.7% 5.5% 5.6% 5.3% 5.6% 5.6% 5.5%

EBITDA - Adj 283 327 311 326 1,246 325 346 325 328 1,324 304 353 336 328 1,320 21 (7) (10) 1 4 % Sales 14.7% 16.0% 15.9% 15.9% 15.6% 15.5% 16.3% 16.1% 16.3% 16.1% 14.9% 16.5% 16.4% 16.1% 16.0%

R 10 7 7 1 25 18 3 15 4 41 22 4 1 11 38 4 2 (14) 6 (3) % Sales 0.5% 0.4% 0.4% 0.0% 0.3% 0.9% 0.1% 0.8% 0.2% 0.5% 1.1% 0.2% 0.1% 0.5% 0.5%

EBITDA 272 320 304 325 1,221 306 343 310 324 1,283 282 348 335 317 1,282 25 (6) (25) 7 1 % Sales 14.2% 15.7% 15.5% 15.8% 15.3% 14.6% 16.2% 15.4% 16.0% 15.6% 13.9% 16.3% 16.4% 15.6% 15.5%

D&A 54 58 61 61 234 63 64 65 66 257 62 64 63 64 252 (2) 0 (2) (2) (5) % Sales 2.8% 2.9% 3.1% 3.0% 2.9% 3.0% 3.0% 3.2% 3.2% 3.1% 3.0% 3.0% 3.1% 3.1% 3.1%

OI 216 258 239 259 971 241 277 243 255 1,015 219 282 269 249 1,018 22 (5) (26) 6 (3) % Sales 11.3% 12.6% 12.2% 12.6% 12.2% 11.5% 13.1% 12.0% 12.6% 12.3% 10.7% 13.2% 13.1% 12.2% 12.3%

OI - ADJ 229 270 250 264 1,013 262 282 261 263 1,068 242 289 273 264 1,068 20 (7) (12) (1) 0 % Sales 11.9% 13.2% 12.8% 12.9% 12.7% 12.5% 13.3% 12.9% 13.0% 12.9% 11.9% 13.5% 13.3% 13.0% 12.9%

R Impairments - 1 0 - 1 1 - - - 1 - - - - - (1) - - - (1) Integration 2 4 4 5 16 3 3 3 4 12 2 3 3 5 12 (1) (0) 0 1 (0)

% Sales 0.1% 0.2% 0.2% 0.2% 0.2% 0.1% 0.1% 0.1% 0.2% 0.1% 0.1% 0.1% 0.1% 0.2% 0.1%

SOCF 72 258 189 381 900 56 256 236 338 886 51 257 229 417 954 5 (2) 8 (79) (68)





DPSS 2+10 2014 Common SizeQ1 Q2 Q3 Q4 CY 13 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14 Q1 Q2 Q3 Q4 CY 14

Sales 247 277 269 269 1,062 229 282 302 307 1,120 247 286 287 280 1,100 (17) (3) 14 27 20 Phasing 23.3% 26.1% 25.3% 25.3% 100.0% 20.5% 25.2% 26.9% 27.4% 100.0% 22.4% 26.0% 26.1% 25.5% 100.0%

Material 177 199 191 192 758 156 192 202 207 757 165 194 195 189 743 9 2 (7) (18) (14) % Sales 71.5% 71.8% 71.2% 71.1% 71.4% 67.9% 68.0% 67.1% 67.4% 67.6% 67.0% 67.9% 67.8% 67.5% 67.6%

MFG 2 2 2 3 10 3 4 4 5 16 4 4 4 4 17 1 (0) (0) (0) 0 % Sales 0.9% 0.9% 0.8% 1.1% 0.9% 1.2% 1.5% 1.5% 1.6% 1.5% 1.7% 1.5% 1.4% 1.5% 1.5%

Factory Margin 68 76 75 75 294 71 86 95 95 347 77 87 88 87 340 7 1 (6) (8) (7) Factory Margin % 27.6% 27.4% 28.0% 27.8% 27.7% 30.8% 30.5% 31.4% 31.0% 31.0% 31.4% 30.6% 30.7% 31.0% 30.9%

Engineering 6 5 5 4 21 5 7 7 5 24 6 6 6 6 25 1 (0) (1) 1 1 % Sales 2.4% 2.0% 1.9% 1.6% 2.0% 2.2% 2.3% 2.3% 1.7% 2.1% 2.6% 2.2% 2.1% 2.1% 2.2%

OCOGS 13 15 16 16 59 15 17 17 20 68 15 16 16 16 64 0 (0) (1) (3) (4) % Sales 5.2% 5.4% 5.9% 5.9% 5.6% 6.5% 5.9% 5.7% 6.4% 6.1% 6.1% 5.8% 5.7% 5.8% 5.8%

GM 50 55 54 55 214 51 63 70 70 254 56 65 66 65 251 (5) (2) 4 6 3 % Sales 20.0% 20.0% 20.2% 20.3% 20.2% 22.1% 22.3% 23.3% 22.9% 22.7% 22.7% 22.6% 23.0% 23.1% 22.8%

SG&A 26 27 27 25 105 29 30 32 33 123 30 30 30 31 120 1 (0) (1) (2) (2) % Sales 10.4% 9.7% 10.0% 9.3% 9.8% 12.4% 10.6% 10.5% 10.6% 10.9% 12.0% 10.4% 10.5% 10.9% 10.9%

EBITDA - Adj 24 29 27 30 109 22 33 39 38 132 26 35 36 34 131 (4) (2) 3 4 1 % Sales 9.7% 10.3% 10.2% 11.0% 10.3% 9.7% 11.7% 12.9% 12.3% 11.8% 10.6% 12.2% 12.5% 12.2% 11.9%

R 7 0 4 2 13 0 1 0 0 1 0 0 0 0 1 (0) (0) 0 0 (0) % Sales 2.9% 0.0% 1.5% 0.9% 1.3% 0.1% 0.2% 0.0% 0.0% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1%

EBITDA 17 29 23 27 96 22 32 39 38 131 26 35 36 34 130 (4) (2) 3 4 1 % Sales 6.8% 10.3% 8.7% 10.1% 9.0% 9.5% 11.5% 12.8% 12.3% 11.7% 10.5% 12.1% 12.4% 12.1% 11.8%

D&A 6 6 6 4 21 4 5 5 4 18 4 4 4 4 17 (0) (0) (0) (0) (1) % Sales 2.4% 2.1% 2.1% 1.5% 2.0% 1.9% 1.6% 1.5% 1.3% 1.6% 1.7% 1.6% 1.6% 1.4% 1.5%

OI 11 23 18 23 75 17 28 34 34 113 22 30 31 30 113 (4) (2) 3 4 (0) % Sales 4.4% 8.2% 6.6% 8.7% 7.0% 7.6% 9.8% 11.3% 11.0% 10.1% 8.8% 10.5% 10.8% 10.7% 10.3%

OI - ADJ 18 23 22 26 88 18 28 34 34 114 22 30 31 30 114 (4) (2) 3 4 0 % Sales 7.3% 8.2% 8.1% 9.5% 8.3% 7.7% 10.0% 11.3% 11.0% 10.2% 8.9% 10.6% 10.9% 10.8% 10.4%


% Sales 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%

SOCF 22 6 14 37 78 13 21 21 50 105 28 20 30 31 109 (15) 1 (9) 19 (4)



71

ADJ Detail


Delphi Confidential

2014 Division ADJ Detail

72

Total Delphi - By Division Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Q1-14 Q2-14 Q3-14 Q4-14 CY-14$ Mils Act Act Plan Plan Plan Plan Plan Plan Plan Plan Plan Plan Plan Plan Plan Plan PlanPowertrain SystemsSales 307 305 328 344 338 318 304 315 351 374 355 310 940 1,000 970 1,039 3,949

Restructuring Expense 0 (0) 1 0 14 6 11 2 9 2 2 3 1 20 22 7 50 Restructuring % 0.1% 0.0% 0.2% 0.0% 4.1% 1.9% 3.6% 0.6% 2.5% 0.5% 0.6% 0.8% 0.1% 2.0% 2.2% 0.7% 1.3%

Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%ThermalSales 125 125 133 129 120 125 120 123 142 135 128 119 383 374 385 381 1,523

Restructuring Expense 0 0 3 0 0 0 0 0 1 0 0 0 4 1 1 1 7 Restructuring % 0.1% 0.3% 2.4% 0.4% 0.4% 0.4% 0.2% 0.2% 0.6% 0.1% 0.2% 0.1% 0.9% 0.4% 0.4% 0.1% 0.4%

Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%E&SSales 234 236 258 252 248 244 240 232 261 270 246 217 727 744 733 734 2,938


Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%EEASales 677 688 729 713 711 693 631 647 743 739 670 610 2,094 2,117 2,020 2,020 8,250


Integration Expense 2 0 1 1 1 1 1 1 1 1 1 1 3 3 3 4 12 Integration % 0.3% 0.0% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.2% 0.2% 0.2% 0.1% 0.1% 0.1% 0.2% 0.1%

Impairments Related to R - - 1 - - - - - - - - - 1 - - - 1 R Impairment % 0.0% 0.0% 0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%DPSSSales 72 73 85 86 96 100 98 95 109 104 101 102 229 282 302 307 1,120

Restructuring Expense 0 0 - - - 1 - - 0 - (0) 0 0 1 0 0 1 Restructuring % 0.1% 0.3% 0.0% 0.0% 0.0% 0.7% 0.0% 0.0% 0.1% 0.0% 0.0% 0.1% 0.1% 0.2% 0.0% 0.0% 0.1%

Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%HQSales - - - - - - - - - - - - - - - - -

Restructuring Expense 0 0 1 1 1 3 1 0 1 0 0 5 1 4 2 5 13

Impairments Related to R - - - - - - - - - - - - - - - - - ElimsSales (47) (42) (40) (44) (45) (44) (42) (42) (44) (46) (43) (40) (129) (133) (127) (129) (519)

Total DelphiSales 1,367 1,385 1,492 1,480 1,468 1,436 1,350 1,370 1,561 1,577 1,458 1,318 4,244 4,384 4,282 4,352 17,262



Impairments Related to R - - 1 - - - - - - - - - 1 - - - 1 R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%


Delphi Confidential

2014 BBP Division ADJ Detail

73

Total Delphi - By Division Jan-14 Feb-14 Mar-14 Apr-14 May-14 Jun-14 Jul-14 Aug-14 Sep-14 Oct-14 Nov-14 Dec-14 Q1-14 Q2-14 Q3-14 Q4-14 CY-14$ Mils BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBP BBPPowertrain SystemsSales 328 323 342 351 360 337 357 324 390 411 400 352 993 1,049 1,071 1,162 4,275

Restructuring Expense - - 2 - 14 0 20 - - - - 0 2 14 20 0 37 Restructuring % 0.0% 0.0% 0.7% 0.0% 3.8% 0.1% 5.6% 0.0% 0.0% 0.0% 0.0% 0.1% 0.3% 1.3% 1.9% 0.0% 0.9%








Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%DPSSSales 76 78 92 93 96 97 94 94 99 97 91 92 247 286 287 280 1,100

Restructuring Expense - - 0 - - 0 - - 0 - - 0 0 0 0 0 1 Restructuring % 0.0% 0.0% 0.3% 0.0% 0.0% 0.3% 0.0% 0.0% 0.3% 0.0% 0.0% 0.3% 0.1% 0.1% 0.1% 0.1% 0.1%

Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%HQSales - - - - - - - - - - - - - - - - -

Restructuring Expense - - 3 - - 2 - - 1 - - 5 3 2 1 5 10





Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%


Delphi Confidential

2013 Division ADJ Detail

74

Total Delphi - By Division Jan-13 Feb-13 Mar-13 Apr-13 May-13 Jun-13 Jul-13 Aug-13 Sep-13 Oct-13 Nov-13 Dec-13 Q1-13 Q2-13 Q3-13 Q4-13 CY-13$ Mils Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual Actual ActualPowertrain SystemsSales 313 306 331 343 329 306 287 273 315 337 316 261 950 978 876 914 3,718

Restructuring Expense 1 1 (1) 3 1 0 2 0 1 2 15 13 1 4 4 29 38 Restructuring % 0.4% 0.4% -0.4% 0.8% 0.2% 0.1% 0.6% 0.2% 0.4% 0.5% 4.7% 4.9% 0.1% 0.4% 0.4% 3.2% 1.0%


Restructuring Expense 0 0 1 0 1 (1) 1 (0) 2 (0) 0 3 2 0 3 3 8 Restructuring % 0.2% 0.2% 1.1% 0.2% 0.6% -0.5% 0.5% 0.0% 1.8% 0.0% 0.1% 3.1% 0.5% 0.1% 0.8% 0.9% 0.6%




Restructuring Expense 2 2 6 4 2 1 3 2 2 2 3 (5) 10 7 7 1 25 Restructuring % 0.3% 0.3% 0.9% 0.6% 0.3% 0.2% 0.4% 0.3% 0.3% 0.3% 0.5% -0.8% 0.5% 0.4% 0.4% 0.0% 0.3%


Impairments Related to R - - - - 0 0 0 - - 1 (1) - - 1 0 - 1 R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.1% 0.1% 0.0% 0.0% 0.1% -0.1% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%DPSSSales 75 79 93 88 92 97 91 87 91 94 88 87 247 277 269 269 1,062

Restructuring Expense 0 1 6 0 0 (0) (0) 2 2 0 0 2 7 0 4 2 13 Restructuring % 0.1% 0.7% 7.0% 0.0% 0.0% 0.0% -0.1% 2.4% 2.2% 0.2% 0.2% 2.3% 2.9% 0.0% 1.5% 0.9% 1.3%

Impairments Related to R - - - - - - - - - - - - - - - - - R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%HQSales 0 0 - - - - - - - - - - 0 - - - 0

Restructuring Expense 1 0 0 0 0 (0) 0 0 1 (0) 1 2 1 1 1 3 5





Impairments Related to R - - - - 0 0 0 - - 1 (1) - - 1 0 - 1 R Impairment % 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%


Delphi Confidential

February 2014 Walk to NI Adj.

75

Feb 2014 Actual Actual$Mils (except where share ct., EPS) Feb-14 YTD

EBITDA 187.1 368.6 Restructuring Expense - GAAP 4.5 8.3 Integration 0.2 1.9

Subtotal Adj. 4.7 10.2 EBITDA Adj. 191.8 378.9

OI 141.7 273.9 Restructuring 4.5 8.3 Integration 0.2 1.9 R Impairment - -

Subtotal Adj. 4.7 10.2 OI Adj. 146.4 284.1

NI 108.0 200.7 share count 307.78 EPS 0.65

Restructuring Expense - GAAP 4.5 8.3 Integration 0.2 1.9 R Impairment - - BTL Adj. Costs - -

Pre-Tax Adj. 4.7 10.2 Tax Impact:

Subtotal - Tax impact 0.9 2.0 Tax Rate on Adj.

Wtd. Average Rate 19.8% 19.8%After Tax Adj.

Total After Tax Adj. 3.8 8.2

NI Adj. 111.8 208.9 Share count 307.78 EPS Adj 0.68


Delphi Confidential

Walk to NI Adj.2014 Forecast vs. 2013 Actual

76

EBITDA Prior Yr Prior Yr Prior Yr Prior Yr Prior Yr Fcst Fcst Fcst Fcst Fcst$Mils (except where share ct., EPS) Q1-13 Q2-13 Q3-13 Q4-13 CY-13 Q1-14 Q2-14 Q3-14 Q4-14 CY-14

EBITDA 528.0 614.8 525.0 556.4 2,224.3 571.8 608.2 594.8 663.5 2,438.3 Restructuring Expense - GAAP 31.8 26.6 36.6 50.0 144.9 30.0 34.4 42.1 18.9 125.3 Integration 2.4 4.1 4.2 4.9 15.6 2.6 2.6 2.6 3.9 11.7

Subtotal Adj. 34.1 30.7 40.8 54.9 160.5 32.6 36.9 44.7 22.8 137.0 EBITDA Adj. 562.2 645.5 565.8 611.3 2,384.8 604.4 645.1 639.4 686.3 2,575.3

OI 397.5 482.1 387.5 417.0 1,684.0 430.4 468.9 438.3 504.8 1,842.5 Restructuring 31.8 26.6 36.6 50.0 144.9 30.0 34.4 42.1 18.9 125.3 Integration 2.4 4.1 4.2 4.9 15.6 2.6 2.6 2.6 3.9 11.7 R Impairment - 0.6 0.3 - 1.0 0.6 - - - 0.6

Subtotal Adj. 34.1 31.4 41.1 54.9 161.5 33.2 36.9 44.7 22.8 137.6 OI Adj. 431.6 513.5 428.6 471.9 1,845.5 463.6 505.8 483.0 527.6 1,980.1

NI 276.0 366.5 271.6 298.3 1,212.3 294.6 342.3 330.4 376.8 1,344.2 share count 315.36 312.69 310.62 308.64 311.80 306.93 306.33 306.73 307.78 306.96 EPS 0.88 1.17 0.87 0.97 3.89 0.96 1.12 1.08 1.22 4.38

Restructuring Expense - GAAP 31.8 26.6 36.6 50.0 144.9 30.0 34.4 42.1 18.9 125.3 Integration 2.4 4.1 4.2 4.9 15.6 2.6 2.6 2.6 3.9 11.7 R Impairment - 0.6 0.3 - 1.0 0.6 - - - 0.6 BTL Adj. Costs 39.3 - - - 39.3 33.9 - - - 33.9

Pre-Tax Adj. 73.5 31.4 41.1 54.9 200.8 67.1 36.9 44.7 22.8 171.5 Tax Impact:

Subtotal - Tax impact 13.3 9.4 9.9 8.6 41.2 17.5 5.6 6.8 3.2 33.1 Tax Rate on Adj.

Wtd. Average Rate 18.1% 30.0% 24.2% 15.6% 20.5% 26.0% 15.0% 15.3% 14.2% 19.3%After Tax Adj.

Total After Tax Adj. 60.2 22.0 31.1 46.3 159.6 49.6 31.4 37.9 19.5 138.4

NI Adj. 336.1 388.5 302.7 344.6 1,371.9 344.3 373.7 368.3 396.3 1,482.6 Share count 315.36 312.69 310.62 308.64 311.80 306.93 306.33 306.73 307.78 306.96 EPS Adj. 1.07 1.24 0.97 1.12 4.40 1.12 1.22 1.20 1.29 4.83

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