Autoliv (ALV) 10-K 23 Feb 17 2016 FY Annual report Financial data

Document and Entity Information

Document and Entity Information - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Feb. 16, 2017	Jun. 30, 2016
Document And Entity Information [Abstract]
Document Type	10-K
Amendment Flag	false
Document Period End Date	Dec. 31, 2016
Document Fiscal Year Focus	2,016
Document Fiscal Period Focus	FY
Trading Symbol	ALV
Entity Registrant Name	AUTOLIV INC
Entity Central Index Key	1,034,670
Current Fiscal Year End Date	--12-31
Entity Well-known Seasoned Issuer	Yes
Entity Current Reporting Status	Yes
Entity Voluntary Filers	No
Entity Filer Category	Large Accelerated Filer
Entity Common Stock, Shares Outstanding		88,251,890
Entity Public Float			$ 9,479

Consolidated Statements of Net

Consolidated Statements of Net Income - USD ($) shares in Millions, $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Statement [Abstract]
Net sales		$ 10,073.6	$ 9,169.6	$ 9,240.5
Cost of sales		(8,016.6)	(7,325.5)	(7,436.7)
Gross profit		2,057	1,844.1	1,803.8
Selling, general and administrative expenses		(476.1)	(411.5)	(414.9)
Research, development and engineering expenses, net		(651)	(523.8)	(535.6)
Amortization of intangibles		(43.7)	(19.6)	(16)
Other expense, net		(38.5)	(161.4)	(114.7)
Operating income		847.7	727.8	722.6
Income from equity method investments		2.6	4.7	6.9
Interest income		4.5	2.7	4.8
Interest expense		(62.4)	(65.1)	(63.4)
Other non-operating items, net		11.4	5.6	(3.9)
Income before income taxes		803.8	675.7	667
Income tax expense		(242.2)	(218.2)	(198)
Net income	[1]	561.6	457.5	469
Less: Net (loss) income attributable to non-controlling interest		(5.5)	0.7	1.2
Net income attributable to controlling interest		$ 567.1	$ 456.8	$ 467.8
Earnings per common share
- basic		$ 6.43	$ 5.18	$ 5.08
- assuming dilution		$ 6.42	$ 5.17	$ 5.06
Weighted average number of shares
- basic		88.2	88.2	92.1
- assuming dilution		88.4	88.4	92.4
Cash dividend per share-declared		$ 2.32	$ 2.24	$ 2.14
Cash dividend per share-paid		$ 2.30	$ 2.22	$ 2.12
[1]	See Note 13 for further details - includes tax effects where applicable.

Consolidated Statements of Comp

Consolidated Statements of Comprehensive Income - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Statement of Comprehensive Income [Abstract]
Net income	[1]	$ 561.6	$ 457.5	$ 469
Other comprehensive (loss) income before tax:
Change in cumulative translation adjustment		(156.3)	(191.5)	(204.9)
Net change in cash flow hedges		7.9	0.2
Net change in unrealized components of defined benefit plans		(24.6)	49.3	(71)
Other comprehensive (loss) income, before tax		(173)	(142)	(275.9)
Benefit (cost) for taxes related to defined benefit plans		7.6	(14.3)	22
Other comprehensive (loss) income, net of tax		(165.4)	(156.3)	(253.9)
Comprehensive income	[1]	396.2	301.2	215.1
Less: Comprehensive (loss) income attributable to non-controlling interest		(13.9)	0.1	0.8
Comprehensive income attributable to controlling interest		$ 410.1	$ 301.1	$ 214.3
[1]	See Note 13 for further details - includes tax effects where applicable.

Consolidated Balance Sheets

Consolidated Balance Sheets - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Assets
Cash and cash equivalents		$ 1,226.7	$ 1,333.5
Receivables, net		1,960.1	1,787.6
Inventories, net		773.4	711.4
Income tax receivables		36	33.4
Prepaid expenses		136	99.6
Other current assets		8.7	72.8
Total current assets		4,140.9	4,038.3
Property, plant and equipment, net		1,658.1	1,437.1
Investments and other non-current assets		352.2	255.8
Goodwill		1,870.7	1,666.3
Intangible assets, net		212.5	128
Total assets		8,234.4	7,525.5
Liabilities and equity
Short-term debt	[1]	219.8	39.6
Accounts payable		1,196.5	1,169.6
Accrued expenses		921	755.6
Income tax payable		81.6	71.1
Other current liabilities		178.7	190.5
Total current liabilities		2,597.6	2,226.4
Long-term debt	[1]	1,323.6	1,499.4
Pension liability		237.5	197
Other non-current liabilities		149.3	134.6
Total non-current liabilities		1,710.4	1,831
Commitments and contingencies
Common stock	[2]	102.8	102.8
Additional paid-in capital		1,329.3	1,329.3
Retained earnings		3,861.8	3,499.4
Accumulated other comprehensive loss	[3]	(565.5)	(408.5)
Treasury stock (14.6 and 14.7 shares, respectively)		(1,051.2)	(1,067.4)
Total controlling interest's equity		3,677.2	3,455.6
Non-controlling interest		249.2	12.5
Total equity	[4]	3,926.4	3,468.1
Total liabilities and equity		$ 8,234.4	$ 7,525.5
[1]	Debt as reported in balance sheet.
[2]	Number of shares: 350 million authorized, 102.8 million issued for both years, and 88.2 and 88.1 million outstanding, net of treasury shares, for 2016 and 2015, respectively.
[3]	The components of Other Comprehensive Income (Loss) are net of any related income tax effects.
[4]	See Note 13 for further details - includes tax effects where applicable.

Consolidated Balance Sheets (Pa

Consolidated Balance Sheets (Parenthetical) - shares	Dec. 31, 2016	Dec. 31, 2015
Statement of Financial Position [Abstract]
Treasury stock, Shares	14,600,000	14,700,000
Common stock, shares authorized	350,000,000	350,000,000
Common stock, shares issued	102,800,000	102,800,000
Common stock, shares outstanding	88,200,000	88,100,000

Consolidated Statements of Cash

Consolidated Statements of Cash Flows - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Operating activities
Net income	[1]	$ 561.6	$ 457.5	$ 469
Adjustments to reconcile net income to net cash provided by operating activities:
Depreciation and amortization		383	319.1	305.4
Deferred income taxes		(24.8)	(24.1)	(0.8)
Undistributed income from equity method investments, net of dividends		1	(0.4)	(3.4)
Net change in:
Receivables and other assets, gross		(292.3)	(173)	(143.1)
Inventories, gross		(72.6)	(92.7)	(69.8)
Accounts payable and accrued expenses		271.2	230.4	106.9
Income taxes		15.9	9.2	3.3
Other, net		25.4	24.5	45.2
Net cash provided by operating activities		868.4	750.5	712.7
Investing activities
Expenditures for property, plant and equipment		(506.8)	(465.8)	(456)
Proceeds from sale of property, plant and equipment		8.2	16.2	2.6
Acquisition of intangible assets		(1.1)	(24.9)	(1.4)
Acquisition of businesses and interest in affiliates, net of cash acquired		(226.3)	(103.1)
Net proceeds from divestitures				2.4
Other			(13.5)	(0.6)
Net cash used in investing activities		(726)	(591.1)	(453)
Financing activities
Net decrease in short-term debt		(2.7)	(29)	(252.7)
Issuance of long-term debt				1,263
Repayments and other changes in long-term debt			(12.2)	(1.2)
Dividends paid to non-controlling interest		(1.7)		(4.9)
Dividends paid		(202.8)	(195.7)	(194.9)
Shares repurchased			(104.4)	(616)
Common stock options exercised		5.9	20.3	32.5
Capital contribution from non-controlling interest			1.6
Other, net		1.1	0.5	0.5
Net cash (used in) provided by financing activities		(200.2)	(318.9)	226.3
Effect of exchange rate changes on cash and cash equivalents		(49)	(36)	(75.3)
(Decrease) / Increase in cash and cash equivalents		(106.8)	(195.5)	410.7
Cash and cash equivalents at beginning of year		1,333.5	1,529	1,118.3
Cash and cash equivalents at end of year		$ 1,226.7	$ 1,333.5	$ 1,529
[1]	See Note 13 for further details - includes tax effects where applicable.

Consolidated Statements of Tota

Consolidated Statements of Total Equity - USD ($) shares in Millions, $ in Millions	Total		Common stock	Additional paid in capital	Retained earnings	Accumulated other comprehensive (loss) income	Treasury stock	Total parent shareholders' equity	Non-controlling interest
Balance at Dec. 31, 2013	$ 4,000.4	[1]	$ 102.8	$ 1,329.3	$ 2,965.9	$ 0.5	$ (417.2)	$ 3,981.3	$ 19.1
Balance, shares at Dec. 31, 2013			102.8
Comprehensive Income:
Net income	469	[1]			467.8			467.8	1.2
Foreign currency translation	(204.9)	[1]				(204.5)		(204.5)	(0.4)
Pension liability	(49)	[1]				(49)		(49)
Comprehensive income	215.1	[1]						214.3	0.8
Stock-based compensation	41.2	[1]					41.2	41.2
Cash dividends declared	(193.7)	[1]			(193.7)			(193.7)
Repurchased shares	(616)	[1]					(616)	(616)
Dividends paid to non-controlling interest on subsidiary shares	(4.9)	[1]							(4.9)
Balance at Dec. 31, 2014	3,442.1	[1]	$ 102.8	1,329.3	3,240	(253)	(992)	3,427.1	15
Balance, shares at Dec. 31, 2014			102.8
Comprehensive Income:
Net income	457.5	[1]			456.8			456.8	0.7
Net change in cash flow hedges	0.2	[1]				0.2		0.2
Foreign currency translation	(191.5)	[1]				(190.9)		(190.9)	(0.6)
Pension liability	35	[1]				35		35
Comprehensive income	301.2	[1]						301.1	0.1
Stock-based compensation	29	[1]					29	29
Cash dividends declared	(197.2)	[1]			(197.2)			(197.2)
Repurchased shares	(104.4)	[1]					(104.4)	(104.4)
Investment in subsidiary by non-controlling interest	1.6	[1]							1.6
Purchase of subsidiary shares from non-controlling interest	(4.2)	[1]			(0.2)	0.2		0	(4.2)
Balance at Dec. 31, 2015	$ 3,468.1	[1]	$ 102.8	1,329.3	3,499.4	(408.5)	(1,067.4)	3,455.6	12.5
Balance, shares at Dec. 31, 2015	102.8		102.8
Comprehensive Income:
Net income	$ 561.6	[1]			567.1			567.1	(5.5)
Net change in cash flow hedges	7.9	[1]				7.9		7.9
Foreign currency translation	(156.3)	[1]				(147.7)		(147.7)	(8.6)
Pension liability	(17)	[1]				(17.2)		(17.2)	0.2
Comprehensive income	396.2	[1]						410.1	(13.9)
Stock-based compensation	16.2	[1]					16.2	16.2
Cash dividends declared	(206.4)	[1]			(204.7)			(204.7)	(1.7)
Investment in subsidiary by non-controlling interest	252.3	[1]							252.3
Balance at Dec. 31, 2016	$ 3,926.4	[1]	$ 102.8	$ 1,329.3	$ 3,861.8	$ (565.5)	$ (1,051.2)	$ 3,677.2	$ 249.2
Balance, shares at Dec. 31, 2016	102.8		102.8
[1]	See Note 13 for further details - includes tax effects where applicable.

Summary of Significant Accounti

Summary of Significant Accounting Policies	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Summary of Significant Accounting Policies	1. Summary of Significant Accounting Policies (DOLLARS IN MILLIONS, EXCEPT PER SHARE DATA) NATURE OF OPERATIONS Through its operating subsidiaries, Autoliv is a supplier of automotive safety systems with a broad range of product offerings, including modules and components for passenger and driver airbags, side airbags, curtain airbags, seatbelts, steering wheels, passive safety electronics, brake control systems and active safety systems such as night vision, radar, camera vision systems and position related technologies. Autoliv is also a supplier of anti-whiplash systems, pedestrian protection systems and child seats. PRINCIPLES OF CONSOLIDATION The consolidated financial statements have been prepared in accordance with United States (U.S.) Generally Accepted Accounting Principles (GAAP) and include Autoliv, Inc. and all companies over which Autoliv, Inc. directly or indirectly exercises control, which as a general rule means that the Company owns more than 50% of the voting rights. Consolidation is also required when the Company has both the power to direct the activities of a variable interest entity (VIE) and the obligation to absorb losses or the right to receive benefits from the VIE that could be significant to the VIE. All intercompany accounts and transactions within the Company have been eliminated from the consolidated financial statements. Investments in affiliated companies in which the Company exercises significant influence over the operations and financial policies, but does not control, are reported using the equity method of accounting. Generally, the Company owns between 20 and 50 percent of such investments. BUSINESS COMBINATIONS Transactions in which the Company obtains control of a business are accounted for according to the acquisition method as described in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 805, Business Combinations. The assets acquired and liabilities assumed are recognized and measured at their fair values as of the date control is obtained. Acquisition related costs in connection with a business combination are expensed as incurred. Contingent consideration is recognized and measured at fair value at the acquisition date and until paid is re-measured on a recurring basis. It is classified as a liability based on appropriate GAAP. USE OF ESTIMATES The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of net sales and expenses during the reporting period. The accounting estimates that require management’s most significant judgments include the estimation of retroactive price adjustments, estimations associated with purchase price allocations regarding business combinations, valuation of stock based payments, assessment of recoverability of goodwill and intangible assets, estimation of pension benefit obligations based on actuarial assumptions, estimation of accruals for warranty and product liabilities, restructuring charges, uncertain tax positions, valuation allowances and legal proceedings. Actual results could differ from those estimates. REVENUE RECOGNITION Revenues are recognized when there is evidence of a sales agreement, delivery of goods has occurred, the sales price is fixed or determinable and the collectability of revenue is reasonably assured. The Company records revenue from the sale of manufactured products upon shipment to customers and transfer of title and risk of loss under standard commercial terms (typically F.O.B. shipping point). In those limited instances where other terms are negotiated and agreed, revenue is recorded when title and risk of loss are transferred to the customer. Accruals are made for retroactive price adjustments when probable and able to be reasonably estimated. Net sales exclude taxes assessed by a governmental authority that are directly imposed on revenue-producing transactions between the Company and its customers. COST OF SALES Shipping and handling costs are included in Cost of sales in the Consolidated Statements of Net Income. Contracts to supply products which extend for periods in excess of one year are reviewed when conditions indicate that costs may exceed selling prices, resulting in losses. Losses on long-term supply contracts are recognized when probable and estimable. RESEARCH, DEVELOPMENT AND ENGINEERING (R,D&E) Research and development and most engineering expenses are expensed as incurred. These expenses are reported net of income from contracts to perform engineering design and product development services. Such income is not significant in any period presented. Certain engineering expenses related to long-term supply arrangements are capitalized when defined criteria, such as the existence of a contractual guarantee for reimbursement, are met. The aggregate amount of such assets is not significant in any period presented. Tooling is generally agreed upon as a separate contract or a separate component of an engineering contract, as a pre-production project. Capitalization of tooling costs is made only when the specific criteria for capitalization of customer funded tooling are met or the criteria for capitalization as Property, Plant & Equipment (P,P&E) for tools owned by the Company are fulfilled. Depreciation on the Company’s own tooling is recognized in the Consolidated Statements of Net Income as Cost of sales. STOCK BASED COMPENSATION The compensation costs for all of the Company’s stock-based compensation awards are determined based on the fair value method as defined in ASC 718, Compensation—Stock Compensation. The Company records the compensation expense for awards under the Stock Incentive Plan, including Restricted Stock Units (RSUs), Performance Shares (PSs) and stock options (SOs), over the respective vesting period. For further details, see Note 15. INCOME TAXES Current tax liabilities and assets are recognized for the estimated taxes payable or refundable on the tax returns for the current year. In certain circumstances, payments or refunds may extend beyond twelve months, in such cases amounts would be classified as non-current taxes payable or refundable. Deferred tax liabilities or assets are recognized for the estimated future tax effects attributable to temporary differences and carryforwards that result from events that have been recognized in either the financial statements or the tax returns, but not both. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax laws. Deferred tax assets are reduced by the amount of any tax benefits that are not expected to be realized. A valuation allowance is recognized if, based on the weight of all available evidence, it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. Evaluation of the realizability of deferred tax assets is subject to significant judgment requiring careful consideration of all facts and circumstances. Starting 2016 the Company classified deferred tax assets and liabilities non-current in the Consolidated Balance Sheets to reflect the adoption of ASU 2015-17. Tax assets and liabilities are not offset unless attributable to the same tax jurisdiction and netting is possible according to law and expected to take place in the same period. Tax benefits associated with tax positions taken in the Company’s income tax returns are initially recognized and measured in the financial statements when it is more likely than not that those tax positions will be sustained upon examination by the relevant taxing authorities. The Company’s evaluation of its tax bene-fits is based on the probability of the tax position being upheld if challenged by the taxing authorities (including through negotiation, appeals, settlement and litigation). Whenever a tax position does not meet the initial recognition criteria, the tax benefit is subsequently recognized and measured if there is a substantive change in the facts and circumstances that cause a change in judgment concerning the sustainability of the tax position upon examination by the relevant taxing authorities. In cases where tax benefits meet the initial recognition criterion, the Company continues, in subsequent periods, to assess its ability to sustain those positions. A previously recognized tax benefit is derecognized when it is no longer more likely than not that the tax position would be sustained upon examination. Liabilities for unrecognized tax benefits are classified as non-current unless the payment of the liability is expected to be made within the next 12 months. EARNINGS PER SHARE The Company calculates basic earnings per share (EPS) by dividing net income attributable to controlling interest by the weighted-average number of common shares outstanding for the period (net of treasury shares). When it would not be antidilutive (such as during periods of net loss), the diluted EPS also reflects the potential dilution that could occur if common stock were issued for awards under the Stock Incentive Plan. For further details, see Note 15. CASH EQUIVALENTS The Company considers all highly liquid investment instruments purchased with an original maturity of three months or less to be cash equivalents. RECEIVABLES The Company has guidelines for calculating the allowance for bad debts. In determining the amount of a bad debt allowance, management uses its judgment to consider factors such as the age of the receivables, the Company’s prior experience with the customer, the experience of other enterprises in the same industry, the customer’s ability to pay, and/or an appraisal of current economic conditions. Collateral is typically not required. There can be no assurance that the amount ultimately realized for receivables will not be materially different than that assumed in the calculation of the allowance. DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company uses derivative financial instruments, primarily forwards, options and swaps to reduce the effects of fluctuations in foreign exchange rates, interest rates and the resulting variability of the Company’s operating results. On the date that a derivative contract is entered into, the Company designates the derivative as either (1) a hedge of the exposure to changes in the fair value of a recognized asset or liability or of an unrecognized firm commitment (a fair value hedge), (2) a hedge of the exposure of a forecasted transaction or of the variability in the cash flows of a recognized asset or liability (a cash flow hedge) or (3) an economic hedge not applying special hedge accounting pursuant to ASC 815. When a hedge is classified as a fair value hedge, the change in the fair value of the hedge is recognized in the Consolidated Statements of Net Income along with the offsetting change in the fair value of the hedged item. When a hedge is classified as a cash flow hedge, any change in the fair value of the hedge is initially recorded in equity as a component of Other Comprehensive Income (OCI) and reclassified into the Consolidated Statements of Net Income when the hedge transaction affects net earnings. All derivatives are recognized in the consolidated financial statements at fair value. For certain other derivatives hedge accounting is not applied either because non-hedge accounting treatment creates the same accounting result or the hedge does not meet the hedge accounting requirements, although entered into applying the same rationale concerning mitigating market risk that occurs from changes in interest and foreign exchange rates. For further details on the Company’s financial instruments, see Notes 3 and 12. INVENTORIES The cost of inventories is computed according to the first-in, first-out method (FIFO). Cost includes the cost of materials, direct labor and the applicable share of manufacturing overhead. Inventories are evaluated based on individual or, in some cases, groups of inventory items. Reserves are established to reduce the value of inventories to the lower of cost or market, with the market generally defined as net realizable value for finished goods and replacement cost for raw materials and work-in-process. Excess inventories are quantities of items that exceed anticipated sales or usage for a reasonable period. The Company has guidelines for calculating provisions for excess inventories based on the number of months of inventories on hand compared to anticipated sales or usage. Man-agement uses its judgment to forecast sales or usage and to determine what constitutes a reasonable period. There can be no assurance that the amount ultimately realized for inventories will not be materially different than that assumed in the calculation of the reserves. PROPERTY, PLANT AND EQUIPMENT Property, Plant and Equipment are recorded at historical cost. Construction in progress generally involves short-term projects for which capitalized interest is not significant. The Company provides for depreciation of property, plant and equipment computed under the straight-line method over the assets’ estimated useful lives. Depreciation on capital leases is recognized in the Consolidated Statements of Net Income over the shorter of the assets’ expected life or the lease contract terms. Repairs and maintenance are expensed as incurred. The Company evaluates the carrying value of long-lived assets other than goodwill when indications of impairment are evident. Impairment testing is primarily done by using the cash flow method based on undiscounted future cash flows. Generally, the lowest level of cash flows for impairment assessment is customer platform level. GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of the fair value of consideration transferred over the fair value of net assets of businesses acquired. Goodwill is not amortized, but is subject to at least an annual review for impairment. Other intangible assets, principally related to acquired technology and contractual relationships, are amortized over their useful lives which range from 3 to 25 years. The Company performs its annual impairment testing in the fourth quarter of each year. Impairment testing is required more often than annually if an event or circumstance indicates that an impairment, or decline in value, may have occurred. In conducting its impairment testing, the Company compares the estimated fair value of each of its reporting units to the related carrying value of the reporting unit. If the estimated fair value of a reporting unit exceeds its carrying value, goodwill is considered not to be impaired. If the carrying value of a reporting unit exceeds its estimated fair value, an impairment loss is measured and recognized by the amount which the carrying amount of the goodwill exceeds the implied fair value of the goodwill determined by assigning the fair value of the reporting unit to all of the assets and liabilities of that unit. The estimated fair value of the reporting unit is determined by the discounted cash flow method taking into account expected long-term operating cash-flow performance. The Company discounts projected operating cash flows using its weighted average cost of capital, including a risk premium to adjust for market risk. The estimated fair value is based on automotive industry volume projections which are based on third-party and internally developed forecasts and discount rate assumptions. Significant assumptions include terminal growth rates, terminal operating margin rates, future capital expenditures and working capital requirements. To supplement this analysis, the Company compares the market value of its equity, calculated by reference to the quoted market prices of its shares, to the book value of its equity. There were no impairments of goodwill from 2014 through 2016. WARRANTIES AND RECALLS The Company records liabilities for product recalls when probable claims are identified and when it is possible to reasonably estimate costs. Recall costs are costs incurred when the customer decides to formally recall a product due to a known or suspected safety concern. Product recall costs typically include the cost of the product being replaced as well as the customer’s cost of the recall, including labor to remove and replace the defective part. Provisions for warranty claims are estimated based on prior experience, likely changes in performance of newer products and the mix and volume of products sold. The provisions are recorded on an accrual basis. RESTRUCTURING PROVISIONS The Company defines restructuring expense to include costs directly associated with rightsizing, exit or disposal activities. Estimates of restructuring charges are based on information available at the time such charges are recorded. In general, management anticipates that re-structuring activities will be completed within a timeframe such that significant changes to the exit plan are not likely. Due to inherent uncertainty involved in estimating restructuring expenses, actual amounts paid for such activities may differ from amounts initially estimated. PENSION OBLIGATIONS The Company provides for both defined contribution plans and defined benefit plans. A defined contribution plan generally specifies the periodic amount that the employer must contribute to the plan and how that amount will be allocated to the eligible employees who perform services during the same period. A defined benefit pension plan is one that contains pension benefit formulas, which generally determine the amount of pension benefits that each employee will receive for services performed during a specified period of employment. The amount recognized as a defined benefit liability is the net total of projected benefit obligation (PBO) minus the fair value of plan assets (if any) (see Note 18). The plan assets are measured at fair value. The inputs to the fair value measurement of the plan assets are mainly level 2 inputs (see Note 3). CONTINGENT LIABILITIES Various claims, lawsuits and proceedings are pending or threatened against the Company or its subsidiaries, covering a range of matters that arise in the ordinary course of its business activities with respect to commercial, product liability or other matters (see Note 16). The Company diligently defends itself in such matters and, in addition, carries insurance coverage to the extent reasonably available against insurable risks. The Company records liabilities for claims, lawsuits and proceedings when they are probable and it is possible to reasonably estimate the cost of such liabilities. Legal costs expected to be incurred in connection with a loss contingency are expensed as such costs are incurred. The Company believes, based on currently available information, that the resolution of outstanding matters, other than the antitrust matters described in Note 16, after taking into account recorded liabilities and available insurance coverage, should not have a material effect on the Company’s financial position or results of operations. However, due to the inherent uncertainty associated with such matters, there can be no assurance that the final outcomes of these matters will not be materially different than currently estimated. TRANSLATION OF NON-U.S. SUBSIDIARIES The balance sheets of subsidiaries with functional currency other than U.S. dollars are translated into U.S. dollars using year-end exchange rates. The statement of operations of these subsidiaries is translated into U.S. dollars using the average exchange rates for the year. Translation differences are reflected in equity as a component of OCI. RECEIVABLES AND LIABILITIES IN NON-FUNCTIONAL CURRENCIES Receivables and liabilities not denominated in functional currencies are converted at year-end exchange rates. Net transaction gains/(losses), reflected in the Consolidated Statements of Net Income amounted to $(3.0) million in 2016, $(11.0) million in 2015 and $(3.8) million in 2014, and are recorded in operating income if they relate to operational receivables and liabilities or are recorded in other non-operating items, net if they relate to financial receivables and liabilities. RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In January 2017, the FASB issued Accounting Standards Update (ASU) 2017-04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment, which simplifies how an entity is required to test goodwill for impairment by eliminating step 2 from the goodwill impairment test, which measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount. Instead, entities should perform annual or interim goodwill impairment tests by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the excess of carrying amount over the fair value of the respective reporting unit. The amendments in ASU 2017-04 are effective for public business entities for annual or interim goodwill impairment tests in annual periods beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company plans to early adopt ASU 2017-04 effective January 1, 2017. As this standard is prospective in nature, the impact to our financial statements by not performing step 2 to measure the amount of any potential goodwill impairment will depend on various factors. However, the elimination of step 2 will reduce the complexity and cost of the subsequent measurement of goodwill. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805) – Clarifying the Definition of a Business, which provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. The amendments in ASU 2017-01 are effective for public business entities for annual periods beginning after December 15, 2017, and interim periods within those periods. ASU 2017-01 should be applied prospectively. Early adoption is allowed. The Company plans to early adopt ASU 2017-01 effective January 1, 2017 for new transactions that have not been reported in financial statements that have been issued or made available for issuance. As this standard is prospective in nature, the impact to our financial statements will depend on the nature of our future acquisitions. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) – Classification of Certain Cash Receipts and Cash Payments, which provides guidance on reducing the diversity in practice on eight cash flow classification issues and how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments in ASU 2016-15 are effective for public business entities for annual periods beginning after December 15, 2017, and interim periods within those annual periods. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the annual year that includes that interim period. The amendments in ASU 2016-15 should be applied using a retrospective transition method to each period presented. The Company plans to early adopt ASU 2016-15 effective January 1, 2017. The adoption of ASU 2016-15 is not expected to have a material impact for any period presented. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, which requires measurement and recognition of expected credit losses for financial assets held and requires enhanced disclosures regarding significant estimates and judgments used in estimating credit losses. ASU 2016-13 is effective for public business entities for annual periods beginning after December 15, 2019, and earlier adoption is permitted for annual periods beginning after December 15, 2018. We are currently evaluating the impact of our pending adoption of ASU 2016-13 on our consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718), which simplifies the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, the amendments in ASU 2016-09 are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Amendments related to the timing of when excess tax benefits are recognized, minimum statutory withholding requirements, forfeitures, and intrinsic value should be applied using a modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. Amendments related to the presentation of employee taxes paid on the statement of cash flows when an employer withholds shares to meet the minimum statutory withholding requirement should be applied retrospectively. Amendments requiring recognition of excess tax benefits and tax deficiencies in the income statement and the practical expedient for estimating expected term should be applied prospectively. An entity may elect to apply the amendments related to the presentation of excess tax benefits on the statement of cash flows using either a prospective transition method or a retrospective transition method. The Company adopted ASU 2016-09 effective January 1, 2017 and has elected to recognize forfeitures as they occur. The adoption of ASU 2016-09 is not expected to have a material impact on the consolidated financial statements for any period presented. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), to increase transparency and comparability among organizations by recognizing lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 affects any entity that enters into a lease, with some specified scope exceptions. For public business entities, the amendments in ASU 2016-02 are effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods. Early application is permitted for all entities. The Company is currently evaluating the impact of adopting ASU 2016-02 on its consolidated financial statements, which will require right of use assets and lease liabilities be recorded in the consolidated balance sheet for operating leases. In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes (Topic 740), which simplifies the presentation of deferred income taxes. The amendments in ASU 2015-17 require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position and apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in ASU 2015-17. For public business entities, the amendments in ASU 2015-17 are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in ASU 2015-17 may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company early adopted ASU 2015-17 prospectively in its interim reporting for March 31, 2016. The impact of the change on the consolidated balance sheet was approximately $70 million reclassified from current deferred tax assets to non-current deferred tax assets and approximately $20 million reclassified from current deferred tax liabilities to non-current deferred tax liabilities. In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), which requires an entity to measure inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. For public business entities, ASU 2015-11 is effective for interim and annual periods beginning after December 15, 2016 and should be applied prospectively. The adoption of ASU 2015-11 is not expected to have a material impact for any periods presented. In April 2015, the FASB issued ASU 2015-03, Interest – Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs, which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in ASU 2015-03. For public business entities, the amendments in ASU 2015-03 were effective for interim and annual periods beginning after December 15, 2015, and is to be applied retrospectively. The Company adopted ASU 2015-03 in its interim reporting for March 31, 2016. The effect of the change on the consolidated balance sheet as of March 31, 2016 was $1.7 million reclassified from debt issuance cost asset to the debt liability. Prior period information was not retrospectively adjusted as the effects of the adoption of ASU 2015-03 were not material to those periods. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which outlines a single, comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance issued by the FASB, including industry specific guidance. In 2016 the FASB issued accounting standard updates to address implementation issues and to clarify guidance on identifying performance obligations, licenses and determining if a company is a principal or an agent. The core principle of the guidance is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the Company expects to be receive in exchange for those goods or services. In addition, ASU 2014-09 requires certain additional disclosure around the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The Company intends to adopt ASU 2014-09 in the annual period beginning January 1, 2018. The standard permits the use of either the retrospective or modified retrospective (cumulative effect) transition method. The Company intends to apply the modified retrospective transition method. The Company is currently evaluating the impact of this standard on its operations, consolidated financial statements and footnote disclosures. The Company’s implementation process has included the identification of a dedicated lead project manager as well as a cross-functional project steering committee responsible for assessing the impact that the new standard will have on the Company’s accounting, financial statement presentation and disclosure for contracts with customers. The implementation team is finalizing its assessment phase of the project. This phase of the project has included the identification of the key revenue streams and the comparison of historical accounting policies and practices to the requirements of the new standard by revenue stream. The assessment has resulted in the identification of potential accounting differences that may arise from the application of the new standard. The implementation team has also made substantial progress in the contract review phase of the project which includes identifying the population of contracts for a deeper analysis of the potential accounting impacts due to the new standard for individual contracts. The implementation team has also begun the pro

Business Combinations

Business Combinations	12 Months Ended
	Dec. 31, 2016
Business Combinations [Abstract]
Business Combinations	2. Business Combinations Business combinations generally take place to either gain key technology or strengthen Autoliv’s position in a certain geographical area or with a certain customer. Autoliv-Nissin Brake Systems On March 31, 2016, the Company acquired a 51% interest in the entities that formed Autoliv-Nissin Brake Systems (ANBS) for approximately $263 million in cash. ANBS designs, manufactures and sells products in the brake control and actuation systems business. Nissin Kogyo retained a 49% interest in the entities that formed ANBS. The Company has management and operational control of ANBS and has consolidated the results of operation and balance sheet from ANBS from the date of the acquisition forward. The transaction was accounted for as a business combination. The acquisition combines Nissin Kogyo’s world leading expertise and technology in brake control and actuation systems with Autoliv’s global reach and customer base to create a global competitive offering in the growing global brake control systems market. ANBS will also further strengthen the Company’s role as a leading system supplier of products and systems for autonomous driving vehicles. ANBS is included in the Electronics segment. From the date of the acquisition through December 31, 2016, the ANBS business reported net sales of $391 million and a net loss attributable to controlling interest of $7.3 million. The net loss attributable to the non-controlling interest was $7.0 million. The operating loss from the date of the acquisition through December 31, 2016 included $0.9 million of purchase accounting inventory fair value step-up adjustments in cost of sales upon the sale of acquired inventory. The total purchase accounting inventory fair value step-up adjustments included in the balance sheet at the acquisition date were $0.9 million. Total ANBS acquisition related costs were approximately $3.5 million for the year ended December 31, 2015 and approximately $2.0 million for the year ended December 31, 2016. These costs were reflected in Selling, general and administrative expenses in the Consolidated Statements of Net Income. The proforma effects of this acquisition would not materially impact the Company’s reported results for any period presented. The preliminary acquisition date fair value of the consideration transferred for the Company’s 51% interest in the entities that formed ANBS was $262.5 million in a cash transaction. The following table summarizes the preliminary fair values, including measurement period adjustments, of identifiable assets acquired and liabilities assumed as of March 31, 2016 (in millions): Fair value Assets: Cash and cash equivalents $ 37.7 Receivables 1.5 Inventories 33.0 Other current assets 8.0 Property, plant and equipment 138.4 Other non-current assets 0.3 Intangibles 129.0 Goodwill 217.8 Total assets $ 565.7 Fair value Liabilities: Account payable $ 6.0 Other current liabilities 23.1 Pension liabilities 9.1 Other non-current liabilities 12.7 Total liabilities $ 50.9 Net assets acquired $ 514.8 Less: Non-controlling interest (252.3 ) Controlling interest $ 262.5 Acquired Intangibles primarily consists of the fair value of customer contracts of $64.9 million and certain technology of $64.1 million. The customer contracts will be amortized straight-line over 7 years and the technology will be amortized straight-line over 10 years. The recognized goodwill of $217.8 million reflects expected synergies from combining Autoliv’s global reach and customer base with Nissin Kogyo’s world leading expertise (including workforce) and technology in brake control and actuation systems. A significant portion of the goodwill is deductible for tax purposes. The fair values recognized for the acquired intangibles and goodwill are preliminary pending finalization of the valuation process. M/A-COM Automotive Solutions Business On August 17, 2015, Autoliv completed the acquisition of the “Automotive Solutions” business of M/A-COM Technology Solutions Holdings, Inc. (MACOM) headquartered in Lowell, Massachusetts, which is a carve-out of the automotive business of MACOM, through the acquisition of all of the shares of M/A-COM Auto Solutions, Inc., a MACOM subsidiary, for approximately $99 million in cash (as adjusted), $15 million of deferred purchase price payable over two years, plus up to an additional $30 million in cash based on the achievement of revenue based earn-out targets through September 30, 2019. The transaction has been accounted for as a business combination. The “Automotive Solutions” business of MACOM is a supplier of integrated, embedded Global Positioning System (GPS) modules to the automotive industry. The business includes technical, commercial and manufacturing support employees focused on the design, development and production of GPS modules. Other technologies and intellectual property acquired in the transaction are various Radio Frequency (RF) and antenna products (hardware and software) and Electronic Horizon, which is an advanced driver assistance system connecting navigation and GPS data to improve safety, fuel efficiency and reduce emissions. The acquisition expands the Company’s capability in the Active Safety market and provides additional building blocks to its portfolio in automated driving. The operating results of the MACOM “Automotive Solutions” business have been included in the Consolidated Statements of Net Income since the date of the acquisition. The acquired business is being reported in the Electronics reportable segment. From the date of the acquisition through December 31, 2015, the MACOM “Automotive Solutions” business reported net sales and operating income of $30.1 million and $0.7 million, respectively. Operating income from the date of the acquisition through December 31, 2015, included $1.7 million of purchase accounting inventory fair value step-up adjustments in cost of sales upon the sale of acquired inventory. The total purchase accounting inventory fair value step-up adjustments included in the balance sheet at the acquisition date was $1.7 million. The acquisition related costs were immaterial and were accounted for as Selling, general and administrative expenses in the Consolidated Statements of Net Income. The pro forma effects of this acquisition would not materially impact the Company’s reported results for any period presented. The fair value of acquired accounts receivable, net was determined to be $11.5 million as of the acquisition date. The gross contractual amounts receivable of $12.2 million included $0.7 million that was not expected to be collected. The acquisition date fair value of the total consideration transferred is presented in the table below (in millions): Acquisition consideration August 17, 2015 Cash $ 98.9 Earn-out 25.0 Deferred purchase consideration 14.6 Total consideration transferred $ 138.5 The fair value of the earn-out of $25 million is based on a range of estimated probability of revenue scenarios. The fair value of the earn-out and deferred purchase consideration were determined using the discounted cash flow method of the income approach. The estimated undiscounted outcomes are in the range of $18-30 million. The following table summarizes the recognized fair values of identifiable assets acquired and liabilities assumed as of August 17, 2015 (in millions): Amounts recognized as of acquisition date Fair value Assets: Receivables $ 11.5 Inventories 6.0 Other current assets 0.1 Property, plant and equipment 0.1 Intangibles 44.2 Goodwill 84.5 Total assets $ 146.4 Liabilities: Accounts payable $ 7.6 Accrued expenses 0.3 Total liabilities $ 7.9 Net assets acquired $ 138.5 Acquired Intangibles consisted of the fair value of a customer contract of $37.2 million and certain technology and intellectual property of $7.0 million. The remaining useful life of the customer contract at acquisition was 4 years and will be amortized on an accelerated method that corresponds with the relative value of the expected cash flows during the remaining life of the contract. The technology and intellectual property will be amortized straight-line over 7.5 years. The recognized goodwill of $84.5 million reflects expected synergies from combining the Active Safety operations of the Company and the acquired “Automotive Solutions” business from MACOM and intangible assets that do not qualify for separate recognition. The goodwill is expected to be fully deductible for tax purposes and has been assigned to the Electronics segment.

Fair Value Measurements

Fair Value Measurements	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Fair Value Measurements	3. Fair Value Measurements ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A RECURRING BASIS The carrying value of cash and cash equivalents, accounts receivable, accounts payable, other current liabilities and short-term debt approximate their fair value because of the short term maturity of these instruments. The fair value of the contingent consideration relating to the MACOM acquisition is re-measured on a recurring basis (See Note 2). The Company uses derivative financial instruments, “derivatives”, as part of its debt management to mitigate the market risk that occurs from its exposure to changes in interest and foreign exchange rates. The Company does not enter into derivatives for trading or other speculative purposes. The Company’s use of derivatives is in accordance with the strategies contained in the Company’s overall financial policy. The derivatives outstanding at December 31, 2016 were foreign exchange swaps and forward contracts. All swaps principally match the terms and maturity of the underlying debt and no swaps have a maturity beyond six months. The forward contracts are designated as cash flow hedges of certain external purchases. All derivatives are recognized in the consolidated financial statements at fair value. Certain derivatives are from time to time designated either as fair value hedges or cash flow hedges in line with the hedge accounting criteria. For certain other derivatives hedge accounting is not applied either because non-hedge accounting treatment creates the same accounting result or the hedge does not meet the hedge accounting requirements, although entered into applying the same rationale concerning mitigating market risk that occurs from changes in interest and foreign exchange rates. When a hedge is classified as a fair value hedge, the change in the fair value of the hedge is recognized in the Consolidated Statements of Net Income along with the off-setting change in the fair value of the hedged item. When a hedge is classified as a cash flow hedge, any change in the fair value of the hedge is initially recorded in equity as a component of OCI and reclassified into the Consolidated Statements of Net Income when the hedge transaction affects net earnings. The Company uses the forward rate with respect to the measurement of changes in fair value of cash flow hedges when revaluing foreign exchange forward contracts. There were no material reclassifications from OCI to the Consolidated Statements of Net Income during 2016 and 2015. Any ineffectiveness in 2016 and 2015 was not material. The degree of judgment utilized in measuring the fair value of the instruments generally correlates to the level of pricing observability. Pricing observability is impacted by a number of factors, including the type of asset or liability, whether the asset or liability has an established market and the characteristics specific to the transaction. Instruments with readily active quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of pricing observability and a lesser degree of judgment utilized in measuring fair value. Conversely, assets rarely traded or not quoted will generally have less, or no, pricing observability and a higher degree of judgment utilized in measuring fair value. Under existing GAAP, there is a disclosure framework hierarchy associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined by the hierarchy are as follows: Level 1 Level 2 Level 3 The Company’s derivatives are classified as Level 2 of the fair value hierarchy and there were no transfers between the levels during this or comparable periods. The tables on the next page present information about the Company’s financial assets and liabilities measured at fair value on a recurring basis as of December 31, 2016 and December 31, 2015. The carrying value is the same as the fair value as these instruments are recognized in the consolidated financial statements at fair value. Although the Company is party to close-out netting agreements (ISDA agreements) with all derivative counterparties, the fair values in the tables below and in the Consolidated Balance Sheets at December 31, 2016 and December 31, 2015 have been presented on a gross basis. The amounts subject to netting agreements that the Company choose not to offset are presented later in this note. According to the close-out netting agreements, transaction amounts payable to a counterparty on the same date and in the same currency can be netted. DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS The derivatives designated as hedging instruments outstanding at December 31, 2016 are foreign exchange forward contracts, classified as cash flow hedges. For 2016, the cumulative gains and losses recognized in OCI on the cash flow hedges are a gain of $9.1 million (net of taxes). For 2016, the gains and losses reclassified from OCI and recognized in the Consolidated Statements of Net Income are a gain of $1.2 million (net of taxes). Any ineffectiveness in 2016 was not material. The derivatives designated as hedging instruments outstanding at December 31, 2015 were foreign exchange forward contracts, classified as cash flow hedges. For 2015, the cumulative gains and losses recognized in OCI on the cash flow hedges were a gain of $0.6 million (net of taxes). For 2015, the gains and losses reclassified from OCI and recognized in the Consolidated Statements of Net Income were a gain of $0.4 million (net of taxes). Any ineffectiveness in 2015 was not material. DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS Derivatives, not designated as hedging instruments, relate to economic hedges and are marked to market with all amounts recognized in the Consolidated Statements of Net Income. The derivatives not designated as hedging instruments outstanding at December 31, 2016 are foreign exchange swaps. During the first quarter of 2016, the Company entered into foreign exchange option contracts to hedge foreign exchange risk related to the ANBS acquisition. These foreign exchange option contracts matured during the first quarter of 2016 and are no longer outstanding. For 2016, the gains and losses recognized in other non-operating items, net are a gain of $1.3 million for derivative instruments not designated as hedging instruments. The derivatives not designated as hedging instruments outstanding at December 31, 2015 were foreign exchange swaps. For 2015, the Company recognized a loss of $3.3 million in other non-operating items, net for derivative instruments not designated as hedging instruments. For 2016 and 2015, the gains and losses recognized as interest expense were immaterial. FAIR VALUE OF DEBT The fair value of long-term debt is determined either from quoted market prices as provided by participants in the secondary market or for long-term debt without quoted market prices, estimated using a discounted cash flow method based on the Company’s current borrowing rates for similar types of financing. The fair value and carrying value of debt is summarized in the table below. The Company has determined that each of these fair value measurements of debt reside within Level 2 of the fair value hierarchy. ASSETS AND LIABILITIES MEASURED AT FAIR VALUE ON A NON-RECURRING BASIS In addition to assets and liabilities that are measured at fair value on a recurring basis, the Company also has assets and liabilities in its balance sheet that are measured at fair value on a non-recurring basis. Assets and liabilities that are measured at fair value on a non-recurring basis include long-lived assets, including equity method investments. The Company has determined that the fair value measurements included in each of these assets and liabilities rely primarily on Company-specific inputs and the Company’s assumptions about the use of the assets and settlements of liabilities, as observable inputs are not available. The Company has determined that each of these fair value measurements reside within Level 3 of the fair value hierarchy. To determine the fair value of long-lived assets, the Company utilizes the projected cash flows expected to be generated by the long-lived assets, then discounts the future cash flows over the expected life of the long-lived assets. For 2016 and 2015, the Company did not record any material impairment charges on its long-lived assets. DECEMBER 31, 2016 DECEMBER 31, 2015 Fair Value Measurements Fair Value Measurements DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS 1 ) Nominal Derivative asset (Other current/ Derivative liability (Other current / Nominal Derivative asset (Other current Derivative liability (Other current / Foreign exchange forward contracts, less than 1 year (cash flow hedge) $ 74.0 $ 7.6 $ 0.3 $ 58.0 $ 0.2 $ 0.2 Foreign exchange forward contracts, less than 2 years (cash flow hedge) 10.8 0.0 0.2 11.3 0.0 0.1 TOTAL $ 84.8 $ 7.6 $ 0.5 $ 69.3 $ 0.2 $ 0.3 DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS Foreign exchange swaps, less than 6 months $ 251.8 2) $ 1.1 3) $ 0.1 4) $ 482.4 5) $ 2.5 6) $ 5.1 7) TOTAL $ 251.8 $ 1.1 $ 0.1 $ 482.4 $ 2.5 $ 5.1 1) There is no netting since there are no offsetting contracts. 2) Net nominal amount after deducting for offsetting swaps under ISDA agreements is $226.5 million. 3) Net amount after deducting for offsetting swaps under ISDA agreements is $1.1 million. 4) Net amount after deducting for offsetting swaps under ISDA agreements is $0.0 million. 5) Net nominal amount after deducting for offsetting swaps under ISDA agreements is $435.8 million. 6) Net amount after deducting for offsetting swaps under ISDA agreements is $2.4 million. 7) Net amount after deducting for offsetting swaps under ISDA agreements is $4.9 million. DECEMBER 31, 2016 1) DECEMBER 31, 2016 FAIR VALUE DECEMBER 31, 2015 CARRYING VALUE 1) DECEMBER 31, 2015 FAIR VALUE LONG-TERM DEBT U.S. Private placement $ 1,312.4 $ 1,360.0 $ 1,421.5 $ 1,472.6 Medium-term notes 0.0 0.0 77.8 79.6 Other long-term debt 11.2 11.2 0.1 0.1 TOTAL $ 1,323.6 $ 1,371.2 $ 1,499.4 $ 1,552.3 SHORT-TERM DEBT Overdrafts and other short-term debt $ 39.7 $ 39.7 $ 39.4 $ 39.4 Short-term portion of long-term debt 180.1 185.6 0.2 0.2 TOTAL $ 219.8 $ 225.3 $ 39.6 $ 39.6 1) Debt as reported in balance sheet.

Income Taxes

Income Taxes	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Income Taxes	4. Income Taxes INCOME BEFORE INCOME TAXES 2016 2015 2014 U.S. $ 132.4 $ 143.8 $ 59.5 Non-U.S. 671.4 531.9 607.5 Total $ 803.8 $ 675.7 $ 667.0 PROVISION FOR INCOME TAXES 2016 2015 2014 Current U.S. federal $ 53.9 $ 68.9 $ 32.2 Non-U.S. 209.1 169.2 166.2 U.S. state and local 3.5 4.2 0.4 Deferred U.S. federal (8.3 ) (9.3 ) (3.2 ) Non-U.S. (15.6 ) (13.7 ) 2.9 U.S. state and local (0.4 ) (1.1 ) (0.5 ) Total income tax expense $ 242.2 $ 218.2 $ 198.0 EFFECTIVE INCOME TAX RATE 2016 2015 2014 U.S. federal income tax rate 35.0 % 35.0 % 35.0 % Foreign tax rate variances (7.7 ) (8.1 ) (8.5 ) Tax credits (3.7 ) (4.3 ) (4.9 ) Change in Valuation Allowances 1.3 0.1 0.6 Current year losses with no benefit 2.1 4.1 5.9 Net operating loss carry-forwards (2.3 ) (0.5 ) (0.0 ) Changes in tax reserves 0.5 1.4 (0.1 ) U.S. Expense Allocation 2.0 2.7 2.1 Earnings of equity investments (0.1 ) (0.2 ) (0.4 ) Withholding taxes 2.8 1.2 0.6 State taxes, net of federal benefit 0.2 0.3 0.0 Other, net (0.0 ) 0.6 (0.6 ) Effective income tax rate 30.1 % 32.3 % 29.7 % Deferred income taxes reflect the net tax effects of temporary differences between the carrying amounts of assets and liabilities for financial reporting purposes and the amounts used for income tax purposes. On December 31, 2016, the Company had net operating loss carryforwards (NOL’s) of approximately $332 million, of which approximately $268 million have no expiration date. The remaining losses expire on various dates through 2029. The Company also has $79 million of U.S. Foreign Tax Credit carry forwards, which begin to expire in 2021 and $3 million of non-U.S. Foreign Tax Credit carryforwards which begin to expire in 2021. Valuation allowances have been established which partially offset the related deferred assets. Such allowances are primarily provided against NOL’s of companies that have perennially incurred losses, as well as the NOL’s of companies that are start-up operations and have not established a pattern of profitability. The Company assesses all available evidence, both positive and negative, to determine the amount of any required valuation allowance. The foreign tax rate variance reflects the fact that approximately two-thirds of the Company’s non-U.S. pre-tax income is generated by business operations located in tax jurisdictions where the tax rate is between 20-30%. The tax rate from quarter to quarter and from year to year is also impacted by the mix of earnings and tax rates in various jurisdictions compared to the same periods or prior years. The Company has reserves for income taxes that may become payable in future periods as a result of tax audits. These reserves represent the Company’s best estimate of the potential liability for tax exposures. Inherent uncertainties exist in estimates of tax exposures due to changes in tax law, both legislated and concluded through the various jurisdictions’ court systems. The Company files income tax returns in the United States federal jurisdiction, and various states and non-U.S. jurisdictions. At any given time, the Company is undergoing tax audits in several tax jurisdictions, covering multiple years. The Company is no longer subject to income tax examination by the U.S. Federal tax authorities for years prior to 2014. With few exceptions, the Company is no longer subject to income tax examination by U.S. state or local tax authorities or by non-U.S. tax authorities for years before 2009. The Company is undergoing tax audits in several non-U.S. jurisdictions and several U.S. state jurisdictions, covering multiple years. As of December 31, 2016, as a result of those tax examinations, the Company is not aware of any proposed income tax adjustments that would have a material impact on the Company’s financial statements, however, other audits could result in additional increases or decreases to the unrecognized tax benefits in some future period or periods. The Company recognizes interest and potential penalties accrued related to unrecognized tax benefits in tax expense. As of December 31, 2015, the Company had recorded $28.3 million for unrecognized tax benefits related to prior years, including $5.7 million of accrued interest and penalties. During 2016, the Company recorded a net increase of $2.0 million to income tax reserves for unrecognized tax benefits based on tax positions related to the current and prior years. The Company had $6.9 million accrued for the payment of interest and penalties as of December 31, 2016. Of the total unrecognized tax benefits of $30.3 million recorded at December 31, 2016, $7.9 million is classified as current income tax payable, and $22.4 million is classified as non-current tax payable included in Other Non-Current Liabilities on the Consolidated Balance Sheets. Substantially all of these reserves would impact the effective tax rate if released into income. The following table summarizes the activity related to the Company’s unrecognized tax benefits: UNRECOGNIZED TAX BENEFITS 2016 2015 2014 Unrecognized tax benefits at beginning of year $ 25.2 $ 21.5 $ 22.7 Increases as a result of tax positions taken during a prior period 4.5 2.5 0.6 Decreases as a result of tax positions taken during a prior period (0.2 ) (0.1 ) (0.0 ) Increases as a result of tax positions taken during the current period 5.8 5.7 3.1 Decreases as a result of tax positions taken during the current period (1.7 ) 0.0 0.0 Decreases relating to settlements with taxing authorities (1.3 ) (0.7 ) (2.4 ) Decreases resulting from the lapse of the applicable statute of limitations (3.5 ) (2.0 ) (1.2 ) Translation Difference (1.6 ) (1.7 ) (1.3 ) Total unrecognized tax benefits at end of year $ 27.2 $ 25.2 $ 21.5 The tax effect of temporary differences and carryforwards that comprise significant portions of deferred tax assets and liabilities were as follows. DEFERRED TAXES DECEMBER 31 2016 2015 2014 Assets Provisions $ 110.8 $ 90.6 $ 90.6 Costs capitalized for tax 19.1 21.3 12.0 Property, plant and equipment 14.8 15.5 18.9 Retirement Plans 66.8 60.8 73.6 Tax receivables, principally NOL’s 222.1 192.8 166.2 Deferred tax assets before allowances $ 433.6 $ 381.0 $ 361.3 Valuation allowances (210.0 ) (177.7 ) (150.1 ) Total $ 223.6 $ 203.3 $ 211.2 Liabilities Acquired intangibles $ (12.2 ) $ (18.4 ) $ (22.0 ) Statutory tax allowances (0.0 ) (0.6 ) (0.7 ) Insurance deposit (0.0 ) (3.3 ) (5.0 ) Distribution taxes (29.4 ) (29.8 ) (34.0 ) Other (4.9 ) (2.9 ) (2.6 ) Total $ (46.5 ) $ (55.0 ) $ (64.3 ) Net deferred tax asset $ 177.1 $ 148.3 $ 146.9 The following table summarizes the activity related to the Company’s valuation allowances: VALUATION ALLOWANCES AGAINST DEFERRED TAX ASSETS DECEMBER 31 2016 2015 2014 Allowances at beginning of year $ 177.7 $ 150.1 $ 115.5 Benefits reserved current year 43.5 53.7 55.2 Benefits recognized current year (13.8 ) (5.2 ) (0.7 ) Write-offs and other changes (0.5 ) (0.2 ) (3.0 ) Translation difference 3.1 (20.7 ) (16.9 ) Allowances at end of year $ 210.0 $ 177.7 $ 150.1 U.S. federal income taxes have not been provided on $4.3 billion of undistributed earnings of non-U.S. operations, which are considered to be permanently reinvested. These earnings have been or will be invested to support the growth or other cash requirements of the Company’s non-U.S. business. In addition, the Company does not foresee a need to repatriate these earnings to the U.S. since its U.S. cash requirements are supported by cash generated by its U.S. operations, distributions from foreign entities of earnings that have not been designated as permanently reinvested and existing credit facilities. Most of these undistributed earnings are not subject to withholding taxes upon distribution to intermediate holding companies. However, when appropriate, the Company provides for the cost of such distribution taxes. The Company has determined that due to the complexities of the U.S. foreign tax credit regime, it is not practicable to calculate the deferred tax liability if the entire $4.3 billion of earnings were to be distributed to the United States.

Receivables

Receivables	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Receivables	5. Receivables DECEMBER 31 2016 2015 2014 Receivables $ 1,967.9 $ 1,793.7 $ 1,713.2 Allowance at beginning of year $ (6.1 ) $ (6.9 ) $ (4.6 ) Reversal of allowance 0.9 1.3 0.9 Addition to allowance (3.7 ) (1.9 ) (4.1 ) Write-off against allowance 0.5 0.8 0.6 Translation difference 0.6 0.6 0.3 Allowance at end of year $ (7.8 ) $ (6.1 ) $ (6.9 ) Total receivables, net of allowance $ 1,960.1 $ 1,787.6 $ 1,706.3

Inventories

Inventories	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Inventories	6. Inventories DECEMBER 31 2016 2015 2014 Raw material $ 378.2 $ 339.9 $ 312.2 Work in progress 256.7 243.4 240.6 Finished products 240.0 217.9 206.0 Inventories $ 874.9 $ 801.2 $ 758.8 Inventory reserve at beginning of year $ (89.8 ) $ (83.3 ) $ (87.8 ) Reversal of reserve 3.9 4.3 5.1 Addition to reserve (26.5 ) (22.2 ) (10.9 ) Write-off against reserve 8.1 5.0 4.0 Translation difference 2.8 6.4 6.3 Inventory reserve at end of year $ (101.5 ) $ (89.8 ) $ (83.3 ) Total inventories, net of reserve $ 773.4 $ 711.4 $ 675.5

Investments and Other Non-curre

Investments and Other Non-current Assets	12 Months Ended
	Dec. 31, 2016
Investments, All Other Investments [Abstract]
Investments and Other Non-current Assets	7. Investments and Other Non-current Assets DECEMBER 31 2016 2015 Equity method investments $ 18.5 $ 22.9 Deferred tax assets 234.1 141.0 Income tax receivables 44.7 50.9 Other non-current assets 54.9 41.0 Investments and other non-current assets $ 352.2 $ 255.8 As of December 31, 2016, the Company had one equity method investment. The Company has an ownership of 49% in Autoliv-Hirotako Safety Sdn, Bhd (parent and subsidiaries) in Malaysia which it currently does not control, but in which it exercises significant influence over operations and financial position. This investment is accounted for under the equity method, which means that a proportional share of the equity method investment’s net income increases the investment, and a proportional share of losses and payment of dividends decreases it. In the Consolidated Statements of Net Income, the proportional share of the net income (loss) is reported as Income from equity method investments. In 2016, Changchun Hongguang-Autoliv Vehicle Safety Systems Co. Ltd., in which the Company owned 30%, was divested. The loss in connection with the divestment was immaterial.

Property, Plant and Equipment

Property, Plant and Equipment	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	8. Property, Plant and Equipment DECEMBER 31 2016 2015 Estimated life Land and land improvements $ 122.4 $ 106.6 n/a to 15 Machinery and equipment 3,385.4 3,179.7 3-8 Buildings 792.4 765.9 20-40 Construction in progress 341.0 284.6 n/a Property, plant and equipment $ 4,641.2 $ 4,336.8 Less accumulated depreciation (2,983.1 ) (2,899.7 ) Net of depreciation $ 1,658.1 $ 1,437.1 DEPRECIATION INCLUDED IN 2016 2015 2014 Cost of sales $ 299.6 $ 268.8 $ 258.7 Selling, general and administrative expenses 9.5 7.3 8.0 Research, development and engineering expenses, net 30.2 23.3 22.7 Total $ 339.3 $ 299.4 $ 289.4 No significant fixed asset impairments were recognized during 2016, 2015 or 2014. The net book value of machinery and equipment and buildings and land under capital lease contracts was $15.2 million and $1.1 million as of December 31, 2016 and December 31, 2015, respectively.

Goodwill and Intangible Assets

Goodwill and Intangible Assets	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Goodwill and Intangible Assets	9. Goodwill and Intangible Assets GOODWILL Total Passive Electronics Carrying amount at January 1, 2015 $ 1,594.0 $ 1,400.5 $ 193.5 Acquisition 84.5 — 84.5 Translation differences (12.2 ) (12.2 ) — Carrying amount at December 31, 2015 $ 1,666.3 $ 1,388.3 $ 278.0 Acquisition 217.8 — 217.8 Translation differences (13.4 ) (7.7 ) (5.7 ) Carrying amount at December 31, 2016 $ 1,870.7 $ 1,380.6 $ 490.1 The Company changed its segment reporting effective as of January 1, 2015. Goodwill of $185.7 million has been re-allocated from Passive Safety to Electronics based on relative fair values determined using a discounted cash flow method. The goodwill recognized in 2015 of $84.5 million is related to the M/A-COM acquisition and goodwill recognized in 2016 of $217.8 million is related to the ANBS acquisition (see Note 2). Approximately $1.2 billion of the Passive Safety goodwill is associated with the 1997 merger of Autoliv AB and the Automotive Safety Products Division of Morton International, Inc. AMORTIZABLE INTANGIBLES 2016 2015 Gross carrying amount $ 618.2 $ 484.9 Accumulated amortization (405.7 ) (356.9 ) Carrying value $ 212.5 $ 128.0 No significant impairments were recognized during 2016, 2015 or 2014. At December 31, 2016 intangible assets subject to amortization mainly relate to acquired technology and contractual relationships. Of the carrying value of $212.5 million at December 31, 2016, $126 million was related to the technology asset category and $73 million was related to the contractual relationships asset category. Of the carrying value of $128 million at December 31, 2015, $83 million was related to the technology asset category and $32 million was related to the contractual relationships asset category. Amortization expense related to intangible assets was $43.7 million, $19.6 million and $16.0 million in 2016, 2015 and 2014, respectively. Estimated future amortization expense is (in millions): 2017: $43.6; 2018: $40.2; 2019: $37.0; 2020: $34.1 and 2021: $32.9.

Restructuring and Other Liabili

Restructuring and Other Liabilities	12 Months Ended
	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
Restructuring and Other Liabilities	10. Restructuring and Other Liabilities RESTRUCTURING Restructuring provisions are made on a case-by-case basis and primarily include severance costs incurred in connection with headcount reductions and plant consolidations. The Company expects to finance restructuring programs over the next several years through cash generated from its ongoing operations or through cash available under its existing credit facilities. The Company does not expect that the execution of these programs will have an adverse impact on its liquidity position. Restructuring activities relates mainly to the Passive Safety segment. The changes in the employee-related reserves have been charged against Other income (expense), net in the Consolidated Statements of Net Income. 2016 In 2016, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe and Korea. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2015 to December 31, 2016. December 31 2015 Provision/ Charge Provision/ Reversal Cash payments Translation difference December 31 2016 Restructuring employee-related $ 87.7 $ 26.2 $ (2.8 ) $ (73.0 ) $ (1.0 ) $ 37.1 Other 0.2 0.5 (0.0 ) (0.0 ) (0.3 ) 0.4 Total reserve $ 87.9 $ 26.7 $ (2.8 ) $ (73.0 ) $ (1.3 ) $ 37.5 2015 In 2015, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2014 to December 31, 2015. December 31 2014 Provision/ Charge Provision/ Reversal Cash payments Translation difference December 31 2015 Restructuring employee-related $ 79.6 $ 82.6 $ (2.9 ) $ (63.4 ) $ (8.2 ) $ 87.7 Other 0.2 0.2 (0.0 ) (0.2 ) 0.0 0.2 Total reserve $ 79.8 $ 82.8 $ (2.9 ) $ (63.6 ) $ (8.2 ) $ 87.9 2014 In 2014, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2013 to December 31, 2014. December 31 2013 Provision/ Charge Provision/ Reversal Cash payments Translation difference December 31 2014 Restructuring employee-related $ 93.9 $ 42.6 $ (2.3 ) $ (44.2 ) $ (10.4 ) $ 79.6 Other 0.3 0.2 (0.0 ) (0.3 ) 0.0 0.2 Total reserve $ 94.2 $ 42.8 $ (2.3 ) $ (44.5 ) $ (10.4 ) $ 79.8

Product Related Liabilities

Product Related Liabilities	12 Months Ended
	Dec. 31, 2016
Guarantees [Abstract]
Product Related Liabilities	11. Product Related Liabilities Autoliv is exposed to product liability and warranty claims in the event that the Company’s products fail to perform as represented and such failure results, or is alleged to result, in bodily injury, and/or property damage or other loss. The Company has reserves for product risks. Such reserves are related to product performance issues including recall, product liability and warranty issues. For further information, see Note 16. The Company records liabilities for product related risks when probable claims are identified and when it is possible to reasonably estimate costs. Provisions for warranty claims are estimated based on prior experience, likely changes in performance of newer products, and the mix and volume of the products sold. The provisions are recorded on an accrual basis. The increase in reserve in 2016 was mainly due to recall related issues, whereof the majority of which is covered by insurance. For 2015 and 2014 the increases were split between warranty and recall related issues. Cash payments in 2016 were mainly warranty related, while 2015 and 2014 were split between warranty and recall related issues. The table below summarizes the change in the balance sheet position of the product related liabilities. DECEMBER 31 2016 2015 2014 Reserve at beginning of the year $ 60.8 $ 51.3 $ 36.4 Change in reserve 91.4 37.9 37.9 Cash payments (30.6 ) (26.5 ) (20.9 ) Translation difference (1.5 ) (1.9 ) (2.1 ) Reserve at end of the year $ 120.1 $ 60.8 $ 51.3

Debt and Credit Agreements

Debt and Credit Agreements	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt and Credit Agreements	12. Debt and Credit Agreements The Company uses derivative financial instruments as part of its debt management to mitigate the market risk that occurs from its exposure to changes in interest and foreign exchange rates. From time to time, the Company may enter into derivatives to economically hedge these exposures or the company may enter into derivatives to achieve special hedge accounting according to the requirements of ASC 815. The Company does not enter into derivatives for trading or other speculative purposes. The use of such derivatives is in accordance with the strategies contained in the Company’s overall financial policy. In this note, short-term debt and long-term debt are discussed including Debt-Related Derivatives (DRD), i.e. debt is reflected as including the fair value adjustments relating to hedges terminated in a prior period. DRD is amortized over the remaining life of the debt. The Debt Profile table also reflects debt excluding DRD. SHORT-TERM DEBT As of December 31, 2016, total short-term debt including short-term portion of long-term loans was $219 million, including DRD. The short-term portion of long-term loans was $180 million and was represented by $105 million of US private placement notes which carry fixed interest rates of 5.4% which will mature in November 2017. In addition, short-term portion of long-term loans is represented by a SEK 300 million note ($33 million equivalent) maturing in May 2017 carrying a floating interest rate of STIBOR + 0.95% issued by the Company in 2011, and also a fixed-rate note issued in December 2012 of 350 million SEK ($38 million equivalent) will mature in December 2017 carrying a fixed interest rate of 2.49%, which represents the European Investment Bank’s (EIB) cost of funds plus 0.3%. The remaining short-term part of long-term loans was financing at subsidiary level, primarily $4 million of loans borrowed locally by Autoliv Nissin Brake Systems China Zhongshan (a 51% owned subsidiary). The Company’s subsidiaries also have credit agreements, principally in the form of overdraft facilities, with a number of local banks. Total available short-term facilities, as of December 31, 2016, excluding commercial paper facilities as described below, amounted to $306 million, of which $40 million was utilized. The aggregate amount of unused short-term lines of credit at December 31, 2016 was $266 million. The weighted average interest rate on total short-term debt outstanding at December 31, 2016 and 2015 excluding the short-term portion of long-term debt was 3.0% and 4.0%, respectively. LONG-TERM DEBT – OUTSTANDING LOANS As of December 31, 2016, total long-term debt including DRD was $1,321.3 million. On April 25, 2014, the Company issued and sold $1.25 billion of long-term debt securities in a U.S. Private Placement pursuant to a Note Purchase and Guaranty Agreement dated April 23, 2014, by and among Autoliv ASP Inc., the Company and the purchasers listed therein. The $1.25 billion in senior notes have an average interest rate of 3.84%, and consist of: $208 million aggregate principal amount of 5-year senior notes with an interest rate of 2.84%; $275 million aggregate principal amount of 7-year senior notes with an interest rate of 3.51%; $297 million aggregate principal amount of 10-year senior notes with an interest rate of 4.09%; $285 million aggregate principal amount of 12-year senior notes with an interest rate of 4.24%; and $185 million aggregate principal amount of 15-year senior notes with an interest rate of 4.44%. In addition to the $1.25 billion senior notes issued in 2014, long-term debt of $71 million (including DRD) consists of: $60 million of senior notes issued in 2007 as private placements by Autoliv ASP Inc. (a 100% owned subsidiary). The notes issued in 2007 were guaranteed by the Company and consist of one remaining long-term tranche maturing in 2019, originally with fixed interest rate of 6.2%. The company entered into swap arrangements with respect to part of the proceeds of the notes offering and in 2013, the interest rate swap on the remaining $60 million U.S. private placement note issued in 2007, with a nominal value of $60 million, was cancelled. The gain is amortized through interest expense. Consequently, the $60 million long-term note carries fixed interest rate of 2.5%, when including the amortization of the cancelled swap. The remaining other long-term debt of $11 million, consisted primarily of $11 million equivalent of a capital lease arrangement at Autoliv Nissin Brake Systems Japan-Ueda (a 51% owned subsidiary) and carry an interest rate of 0.6%. LONG-TERM DEBT – LOAN FACILITIES In July 2016, the Company refinanced its existing revolving credit facility of $1,100 million. The facility is syndicated among 14 banks and matures in 2021. It also has two extension options where Autoliv can request the banks to extend the maturity to 2022 and 2023 respectively, on the first and second anniversaries of the initial maturity of the July 2016 loan facility, a so called 5+1+1 structure. The Company pays a commitment fee on the undrawn amount of 0.08%, representing 35% of the applicable margin, which is 0.225% (given the Company’s rating of “A-” from Standard & Poor’s at December 31, 2016). Financing costs are amortized over the expected life of the facility. Borrowings under this facility are unsecured and bear interest based on the relevant LIBOR or IBOR rate. The commitment is available for general corporate purposes. Borrowings are repayable at any time and in their entirety at the expiration date. As of December 31, 2016 the facility was unutilized. The Company is not subject to any financial covenants, i.e. performance related restrictions, in any of its significant long-term borrowings or commitments. The Company has two commercial paper programs: one SEK 7 billion (approx. $769 million) Swedish program and one $1.0 billion U.S. program. Both programs were unutilized at year-end. When commercial paper is issued under these programs, it would be classified as long-term debt because the Company has had the ability and intent to refinance these borrowings on a long-term basis either through continued commercial paper borrowings or utilization of the long-term credit facilities described above. CREDIT RISK In the Company’s financial operations, credit risk arises in connection with cash deposits with banks and when entering into forward exchange agreements, swap contracts or other financial instruments. In order to reduce this risk, deposits and financial instruments are only entered with a limited number of banks up to a calculated risk amount of $150 million per bank for banks rated A- or above and up to $50 million for banks rated BBB+. The policy of the Company is to work with banks that have a strong credit rating and that participate in the Company’s financing. In addition to this, deposits of up to an aggregate amount of $2.0 billion can be placed in U.S. and Swedish government paper and in certain AAA rated money market funds. As of December 31, 2016, the Company had placed $525 million in money market funds. The table below shows debt maturity as cash flow in the upper part which is reconciled with reported debt in the last row. For a description of hedging instruments used as part of debt management, see the Financial Instruments section of Note 1 and Note 3. DEBT PROFILE PRINCIPAL AMOUNT BY EXPECTED MATURITY 2017 2018 2019 2020 2021 Thereafter Total Total U.S. private placement notes (incl. DRD 1) $ 105.0 $ — $ 268.0 $ — $ 275.0 $ 767.0 $ 1,310.0 $ 1,415.0 Overdraft/Other short-term debt (incl. DRD 1) 39.9 — — — — — — 39.9 Medium-term notes 71.5 — — — — — — 71.5 Other long-term loans, incl. current portion 2.3 0.2 — — 11.1 — 11.3 13.6 Total debt as cash flow, (incl. DRD 1) $ 218.7 $ 0.2 $ 268.0 $ — $ 286.1 $ 767.0 $ 1,321.3 $ 1,540.0 DRD adjustment 1.1 — 2.3 — — — 2.3 3.4 Total debt as reported $ 219.8 $ 0.2 $ 270.3 $ — $ 286.1 $ 767.0 $ 1,323.6 $ 1,543.4 1) Debt Related Derivatives (DRD), i.e. fair value adjustments to the carrying value of the underlying debt associated with hedging and a discounted fair value hedge.

Shareholders' Equity

Shareholders' Equity	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Shareholders' Equity	13. Shareholders’ Equity The number of shares outstanding as of December 31, 2016 was 88,230,125. DIVIDENDS 2016 2015 2014 Cash dividend paid per share $ 2.30 $ 2.22 $ 2.12 Cash dividend declared per share $ 2.32 $ 2.24 $ 2.14 OTHER COMPREHENSIVE INCOME (LOSS)/ ENDING BALANCE 1) 2016 2015 2014 Cumulative translation adjustments $ (493.5 ) $ (345.9 ) $ (155.1 ) Net gain of cash flow hedge derivatives 8.1 0.2 — Net pension liability (80.1 ) (63.0 ) (97.9 ) Purchase of subsidiary shares from non-controlling interest — 0.2 — Total (ending balance) $ (565.5 ) $ (408.5 ) $ (253.0 ) Deferred taxes on the pension liability $ 35.3 $ 29.8 $ 43.4 1) The components of Other Comprehensive Income (Loss) are net of any related income tax effects. SHARE REPURCHASE PROGRAM The Company’s Board of Directors approved a share repurchase program in 2000 authorizing the repurchase of 10 million shares and subsequently expanded the authorization four times between 2000 and 2014 to 47.5 million shares. There were no share repurchases made during 2016. There is no expiration date for the share repurchase program. The Company is authorized to repurchase an additional 4,424,760 shares under the program at December 31, 2016. SHARES 2016 2015 2014 Shares repurchased (shares in millions) — 0.9 6.2 Cash paid for shares $ — $ 104.4 $ 616.0 In total, Autoliv has repurchased 43.1 million shares between May 2000 and December 2016 for cash of $2,341 million, including commissions. Of the total amount of repurchased shares, 23.6 million shares were utilized for the equity unit offering during 2009-2012. In addition, 5.0 million shares have been utilized by the Stock Incentive Plan whereof 0.1 million, 0.3 million and 0.5 million were utilized during 2016, 2015 and 2014, respectively. At December 31, 2016, 14.6 million of the repurchased shares remain in treasury stock.

Supplemental Cash Flow Informat

Supplemental Cash Flow Information	12 Months Ended
	Dec. 31, 2016
Supplemental Cash Flow Elements [Abstract]
Supplemental Cash Flow Information	14. Supplemental Cash Flow Information The Company’s acquisitions and divestitures of businesses and interests in affiliates, net of cash acquired were as follows: 2016 2015 2014 Business combinations and other acquisitions: Fair value of assets acquired, excluding cash $ (529.5 ) $ (146.4 ) — Liabilities assumed 50.9 7.9 — Fair value of earn-out and deferred purchase consideration — 39.6 — Less: Non-controlling interest 252.3 — — Total business combinations $ (226.3 ) $ (98.9 ) — Acquisition of additional interests in subsidiaries — (4.2 ) — Acquisition of businesses and interests in affiliates, net of cash acquired $ (226.3 ) $ (103.1 ) $ — 2016 2015 2014 Divestitures of business, net of cash disposed $ — $ — $ 2.4 Payments for interest and income taxes were as follows: 2016 2015 2014 Interest $ 64 $ 66 $ 57 Income taxes $ 247 $ 214 $ 206

Stock Incentive Plan

Stock Incentive Plan	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Stock Incentive Plan	15. Stock Incentive Plan Under the amended and restated Autoliv, Inc. 1997 Stock Incentive Plan (the Plan) adopted by the shareholders, awards have been made to selected executive officers of the Company, other key employees and other qualified participants. During 2015 and earlier the awards were given in the form of stock options (SOs) and restricted stock units (RSUs). All SOs were granted for 10-year terms, had an exercise price equal to the fair value of the share at the date of grant, and became exercisable after one year of continued employment following the grant date. Each RSU, granted during 2015 and earlier, represents a promise to transfer a share of the Company’s common stock to the employee after three years of service following the date of grant, subject to acceleration of vesting in certain circumstances. During 2016, the Compensation Committee of the Board of Directors approved a new long-term equity incentive (LTI) program to more closely reflect market practice and align pay delivery with our financial performance. The first grants under the new LTI program, where performance shares (PSs) replaced SOs, were made in February 2016 and May 2016 pursuant to which certain employees received 50% of their LTI grant value in the form of PSs and 50% in the form of RSUs. The grantee may earn 0-200% of the target number of PSs based on the Company’s achievement of specified targets for the Company’s compound annual growth rate (CAGR) for sales and the Company’s CAGR in earnings per share relative to an established benchmark growth rate. Each performance target is weighted 50% and results are measured at the end of the three-year performance period. Each PS represents a promise to transfer a share of the Company’s common stock to the employee following completion of the performance period, provided that the performance goals mentioned above are met and provided, further, that the grantee remains employed through the performance period, subject to certain limited exceptions. The RSUs granted on February 15, 2016 and May 9, 2016 will vest in three approximately equal annual instalments beginning on the first anniversary of the grant date, subject to the grantee’s continued employment with the Company on each vesting date, subject to acceleration of vesting in certain circumstances. The source of the shares issued upon vesting of awards is generally from treasury shares. The Plan provides for the issuance of up to 9,585,055 common shares for awards. At December 31, 2016, 6,386,050 of these shares have been issued for awards which includes 19,842 shares of common stock issued to non-executive directors in satisfaction of all or a portion of his or her annual base retainer for service on the Board. The average grant date fair values of SOs are calculated using the Black-Scholes valuation model. The Company uses historical exercise data for determining the expected life assumption. Expected volatility is based on historical and implied volatility. The Company estimates the fair value of PSs and RSUs using the Black-Scholes valuation model. Key inputs and assumptions used to estimate the fair value of RSUs and PSs include the vesting period, expected annual dividend yield and closing price of the Company’s common stock on the date of grant. When determining the grant date fair value for the PSs awards, it is assumed the grantee will earn 100% of the target number of PSs. The table below includes the assumptions for all awards issued: 2016 2015 2014 SOs Risk-free interest rate — 1.1 % 1.1 % Dividend yield 1) — 2.3 % 2.3 % Expected life in years — 3.4 3.9 Expected volatility — 24.0 % 28.0 % PSs and RSUs Dividend yield 2.2 % — — 1) The dividend yield assumption is used for both SOs and the RSUs granted in 2015 and 2014. The grant date fair value for the RSUs at February 15, 2016 and May 9, 2016 was $7.0 million and $0.2 million, respectively. This cost will be amortized straight line over the vesting periods. The 2016 RSUs will vest in three approximately equal annual installments beginning on the first anniversary of the grant date, while the RSUs granted in 2015 and 2014 had a vesting period of 3 years, all subject to the grantee’s continued employment with the Company on each vesting date. The grant date fair value of the PSs at February 15, 2016 and May 9, 2016 was $6.9 million and $0.2 million, respectively. For PSs, the grant date fair value of the number of awards expected to vest based on the Company’s best estimate of ultimate performance against the respective targets is recognized as compensation expense on a straight-line basis over the requisite vesting period of the awards. The Company assesses the expected achievement levels at the end of each quarter. As of December 31, 2016, the Company believes it is probable that the performance conditions will be met and has accrued for the compensation expense accordingly. The cumulative effect of the change in estimate is recognized in the period of change as an adjustment to compensation expense. The total stock (RSUs, PSs and SOs) compensation cost recognized in the Consolidated Statements of Net Income for 2016, 2015 and 2014 was $11.1 million, $8.2 million and $8.1 million, respectively. The total compensation cost related to non-vested awards not yet recognized is $15.6 million for RSUs and PSs and the weighted average period over which this cost is expected to be recognized is approximately 1.4 years. There is no compensation cost not yet recognized for stock options. Information on the number of RSUs, PSs and SOs related to the Plan during the period of 2014 to 2016 is as follows. RSUs 2016 2015 2014 Weighted average fair value at grant date $ 100.77 $ 105.87 $ 88.54 Outstanding at beginning of year 204,552 198,285 204,277 Granted 71,870 74,908 64,223 Shares issued (66,651 ) (58,186 ) (56,184 ) Cancelled/Forfeited/Expired (21,277 ) (10,455 ) (14,031 ) Outstanding at end of year 188,494 204,552 198,285 The grant date fair values for RSUs granted in 2013, 2012 and 2011 (vested in 2016, 2015 and 2014) were $5.9 million, $4.5 million and $4.4 million, respectively. The aggregate intrinsic value for RSUs outstanding at December 31, 2016 was $21.3 million. PSs 2016 2015 2014 Weighted average fair value at grant date $ 98.57 N/A N/A Outstanding at beginning of year — N/A N/A Granted 143,740 N/A N/A Shares issued — N/A N/A Cancelled/Forfeited/Expired (5,192 ) N/A N/A Outstanding at end of year 138,548 N/A N/A The aggregate intrinsic value for PSs outstanding at December 31, 2016 was $15.7 million. SOs Number Weighted Outstanding at Dec 31, 2013 831,701 $ 59.20 Granted 192,665 94.87 Exercised (471,732 ) 60.78 Cancelled/Forfeited/Expired (13,809 ) 66.23 Outstanding at Dec 31, 2014 538,825 $ 70.38 Granted 187,996 113.51 Exercised (244,182 ) 68.82 Cancelled/Forfeited/Expired (9,588 ) 92.70 Outstanding at Dec 31, 2015 473,051 $ 87.88 Granted — — Exercised (51,084 ) 88.10 Cancelled/Forfeited/Expired (10,858 ) 102.31 Outstanding at Dec 31, 2016 411,109 $ 87.47 OPTIONS EXERCISABLE At December 31, 2014 349,190 $ 57.08 At December 31, 2015 290,487 $ 71.76 At December 31, 2016 254,842 $ 71.48 The following summarizes information about stock options outstanding and exercisable at December 31, 2016: RANGE OF EXERCISE PRICES Number Remaining Weighted $16.31 - $19.96 19,253 2.14 $ 16.31 $44.70 - $49.60 23,275 3.14 $ 44.70 $51.67 - $59.01 16,225 0.76 $ 54.37 $67.00 - $69.18 79,992 5.79 $ 68.41 $72.95 - $94.87 116,097 6.55 $ 90.50 $113.36 - $126.46 156,267 8.13 $ 113.54 411,109 6.37 $ 87.47 RANGE OF EXERCISE PRICES Number Remaining Weighted $16.31 - $19.96 19,253 2.14 $ 16.31 $44.70 - $49.60 23,275 3.14 $ 44.70 $51.67 - $59.01 16,225 0.76 $ 54.37 $67.00 - $69.18 79,992 5.79 $ 68.41 $72.95 - $94.87 116,097 6.55 $ 90.50 $113.36 - $126.46 — — — 254,842 5.30 $ 71.48 The total aggregate intrinsic value, which is the difference between the exercise price and $113.15 (closing price per share at December 31, 2016), for all “in the money” stock options, both outstanding and exercisable as of December 31, 2016, was $10.6 million. The average grant date fair value of stock options granted during 2015 and 2014 was estimated at $16.72 and $17.35 per share, respectively.

Contingent Liabilities

Contingent Liabilities	12 Months Ended
	Dec. 31, 2016
Commitments and Contingencies Disclosure [Abstract]
Contingent Liabilities	16. Contingent Liabilities LEGAL PROCEEDINGS Various claims, lawsuits and proceedings are pending or threatened against the Company or its subsidiaries, covering a range of matters that arise in the ordinary course of its business activities with respect to commercial, product liability and other matters. Litigation is subject to many uncertainties, and the outcome of any litigation cannot be assured. After discussions with counsel, and with the exception of losses resulting from the antitrust proceedings described below, it is the opinion of management that the various legal proceedings and investigations to which the Company currently is a party will not have a material adverse impact on the consolidated financial position of Autoliv, but the Company cannot provide assurance that Autoliv will not experience material litigation, product liability or other losses in the future. In October 2014, one of the Company’s Brazilian subsidiaries received a notice of deficiency from the state tax authorities from the state of São Paulo, Brazil which, primarily, alleged violations of ICMS (VAT) payments and improper warehousing documentation. The aggregate assessment for all alleged violations was R$70 million (approximately $22 million), inclusive of fines, penalties and interest. The Company believes the full amount assessed is baseless and that it has reasonable legal and factual defenses to the assessment and, consequently, plans to defend its interests vigorously. However, the Company believes that a loss is probable with respect to at least a portion of the assessed amount and has accrued an amount in 2015 that was not material to the Company’s results of operations. However, the Company still cannot predict or estimate the duration or ultimate outcome of this matter. In March 2015, the Company was informed of an investigation being conducted in Turkey by the Directorate of Kocaeli Customs Custody, Smuggling and Enquiry into the Company’s import and customs payment structure and the associated import taxes and fees for the period of 2006–2012. The Company cannot predict the duration, scope or ultimate outcome of this investigation and is unable to estimate the financial impact it may have, or predict the reporting periods in which any such financial impacts may be recorded. Consequently, the Company has made no provision for any expenses as of December 31, 2016 with respect to this investigation. ANTITRUST MATTERS Authorities in several jurisdictions are currently or have been conducting broad, and in some cases, long-running investigations of suspected anti-competitive behavior among parts suppliers in the global automotive vehicle industry. These investigations include, but are not limited to, segments in which the Company operates. In addition to concluded and pending matters, authorities of other countries with significant light vehicle manufacturing or sales may initiate similar investigations. It is the Company’s policy to cooperate with governmental investigations. On June 7-9, 2011, representatives of the European Commission (“EC”), the European antitrust authority, visited two facilities of a Company subsidiary in Germany to gather information for an investigation of anti-competitive behavior among suppliers of occupant safety systems. The investigation is still pending and the Company remains unable to estimate the financial impact such investigation will have or predict the reporting periods in which such financial impact may be recorded and has consequently not recorded a provision for loss as of December 31, 2016. However, management has concluded that it is probable that the Company’s operating results and cash flows will be materially adversely impacted for the reporting periods in which the EC investigation is resolved or becomes estimable. In August 2014, the Competition Commission of South Africa (the “CCSA”) contacted the Company regarding an investigation into the Company’s sales of occupant safety systems in South Africa. The Company is cooperating with the CCSA. The Company believes that a loss with respect to this investigation is probable and accrued amounts that are not material to the Company’s results of operations to resolve this matter for the period ended December 31, 2016. However, the Company cannot predict or estimate the duration or ultimate outcome of this matter. On July 6, 2015, the Company learned that the General Superintendence of the Administrative Council for Economic Defense (“CADE”) in Brazil had initiated an investigation of an alleged cartel involving sales in Brazil of seatbelts, airbags, and steering wheels by the Company’s Brazilian subsidiary and the Brazilian subsidiary of a competitor. In November 2016, the Company and the CADE entered into a settlement agreement with respect to this matter for an amount that is not material to the Company’s results of operations. A settlement amount was accrued for the period ended December 31, 2015 and an additional amount was accrued for the period ending December 31, 2016. The Company is also subject to civil litigation alleging anti-competitive conduct in the U.S. and Canada. Specifically, the Company, several of its subsidiaries and its competitors were named as defendants in a total of nineteen purported antitrust class action lawsuits filed between June 2012 and June 2015. Fifteen of these lawsuits were filed in the U.S. and were consolidated in the Occupant Safety Systems (OSS) segment of the Automobile Parts Antitrust Litigation, a Multi-District Litigation (MDL) proceeding in the United States District Court for the Eastern District of Michigan. Plaintiffs in the U.S. cases sought to represent four purported classes—direct purchasers, auto dealers, end-payors, and, as of the filing of the last class action in June 2015, truck and equipment dealers—who purchased occupant safety systems or components directly from a defendant, indirectly through purchases or leases of new vehicles containing such systems, or through purchases of replacement parts. In May 2014, the Company, without admitting any liability, entered into separate settlement agreements with representatives of the three classes of plaintiffs then pending in the MDL. Pursuant to the settlement agreements, the Company agreed to pay $40 million to the direct purchaser settlement class, $6 million to the auto dealer settlement class, and $19 million to the end-payor settlement class, for a total of $65 million. This amount was expensed during the second quarter of 2014. In exchange, the plaintiffs agreed that the plaintiffs and the settlement classes would release Autoliv from all claims regarding their U.S. purchases that were or could have been asserted on behalf of the three classes in the MDL. In January 2015, the MDL court granted final approval of the direct purchaser class settlement, which had been reduced to approximately $35.5 million because of opt-outs; in December 2015, the MDL court granted final approval of the auto dealer class settlement; and in June 2016, the MDL court granted final approval of the end-payor class settlement, over the objections of several individual class members, some of whom have appealed the MDL court’s approval of the Company’s end-payor settlement and several other defendants’ settlements that were approved at the same time. This appeal will delay the finality of the Company’s settlement with the end-payor class. In addition, several individuals and one insurer (and its affiliated entities) have opted-out of all of the pending end-payor class settlements, including the Company’s settlement. The class settlements do not resolve any claims of settlement class members who opt-out of the settlements or the unasserted claims of any purchasers of occupant safety systems who are not otherwise included in a settlement class, such as states and municipalities. In September 2016, the insurer (and its affiliated entities) that opted out of the end-payor class settlement filed an antitrust lawsuit in the United States District Court for the Eastern District of Michigan, the venue for the MDL, against the Company and the other settling defendants in the end-payor class settlement. The Company cannot predict or estimate the duration or ultimate outcome of this matter. In March 2015, the Company, without admitting any liability, reached agreements regarding additional settlements to resolve certain direct purchasers’ global (including U.S.) or non-U.S. antitrust claims that were not covered by the direct purchaser class settlement described above. The total amount of these additional settlements was $81 million. Autoliv expensed during the first quarter of 2015 approximately $77 million as a result of these additional settlements, net of existing amounts that had been accrued in 2014. In April 2016, the Company reached an agreement to settle with the truck and equipment dealers class for an amount that is not material to the Company’s results of operations. In November 2016, the MDL court granted final approval of the settlement. The remaining four antitrust class action lawsuits are pending in Canada (Sheridan Chevrolet Cadillac Ltd. et al. v. Autoliv, Inc. et al., filed in the Ontario Superior Court of Justice on January 18, 2013; M. Serge Asselin v. Autoliv, Inc. et al., filed in the Superior Court of Quebec on March 14, 2013; Ewert v. Autoliv, Inc. et al., filed in the Supreme Court of British Columbia on July 18, 2013; and Cindy Retallick and Jagjeet Singh Rajput v. Autoliv ASP, Inc. et al., filed in the Queen’s Bench of the Judicial Center of Regina in the province of Saskatchewan on May 14, 2014). The Canadian cases assert claims on behalf of putative classes of both direct and indirect purchasers of occupant safety systems. On October 13, 2016, the Company reached an agreement in principle with plaintiffs in three of the four class actions to settle on a nationwide class basis for an amount that is not material to the Company’s results of operations. In February 2017, the Company entered into a formal settlement agreement with respect to this matter, which is subject to court approval following notice to the class members. Once approved, this national settlement will include the claims of the putative members of the fourth class action. The Company accrued amounts for the period ended December 31, 2016 in connection with these claims. PRODUCT WARRANTY, RECALLS AND INTELLECTUAL PROPERTY Autoliv is exposed to various claims for damages and compensation if its products fail to perform as expected. Such claims can be made, and result in costs and other losses to the Company, even where the product is eventually found to have functioned properly. Where a product (actually or allegedly) fails to perform as expected or is defective, the Company may face warranty and recall claims. Where such (actual or alleged) failure or defect results, or is alleged to result, in bodily injury and/or property damage, the Company may also face product-liability and other claims. There can be no assurance that the Company will not experience material warranty, recall or product (or other) liability claims or losses in the future, or that the Company will not incur significant costs to defend against such claims. The Company may be required to participate in a recall involving its products. Each vehicle manufacturer has its own practices regarding product recalls and other product liability actions relating to its suppliers. As suppliers become more integrally involved in the vehicle design process and assume more of the vehicle assembly functions, vehicle manufacturers are increasingly looking to their suppliers for contribution when faced with recalls and product liability claims. Government safety regulators may also play a role in warranty and recall practices. A warranty, recall or product-liability claim brought against the Company in excess of its insurance may have a material adverse effect on the Company’s business. Vehicle manufacturers are also increasingly requiring their outside suppliers to guarantee or warrant their products and bear the costs of repair and replacement of such products under new vehicle warranties. A vehicle manufacturer may attempt to hold the Company responsible for some, or all, of the repair or replacement costs of products when the product supplied did not perform as represented by us or expected by the customer. Accordingly, the future costs of warranty claims by the customers may be material. However, the Company believes its established reserves are adequate. Autoliv’s warranty reserves are based upon the Company’s best estimates of amounts necessary to settle future and existing claims. The Company regularly evaluates the adequacy of these reserves, and adjusts them when appropriate. However, the final amounts actually due related to these matters could differ materially from the Company’s recorded estimates. In addition, as vehicle manufacturers increasingly use global platforms and procedures, quality performance evaluations are also conducted on a global basis. Any one or more quality, warranty or other recall issue(s) (including those affecting few units and/or having a small financial impact) may cause a vehicle manufacturer to implement measures such as a temporary or prolonged suspension of new orders, which may have a material impact on the Company’s results of operations. The Company carries insurance for potential recall and product liability claims at coverage levels based on our prior claims experience. Autoliv cannot assure that the level of coverage will be sufficient to cover every possible claim that can arise in our businesses, now or in the future, or that such coverage always will be available should we, now or in the future, wish to extend, increase or otherwise adjust our insurance. On June 29, 2016, the Company announced that it is cooperating with Toyota Motor Corp. in its recall of approximately 1.4 million vehicles equipped with a certain model of the Company’s side curtain airbag (the “Toyota Recall”). Toyota has informed the Company that there have been eight reported incidents where a side curtain airbag has partially inflated without a deployment signal from the airbag control unit. The incidents have all occurred in parked, unoccupied vehicles and no personal injuries have been reported. The root cause analysis of the issue is ongoing. However, at this point in time the Company believes that a compromised manufacturing process at a sub-supplier may be a contributing factor and, as no incidents have been reported in vehicles produced by other OEMs with the same inflator produced during the same period as those recalled by Toyota, that vehicle-specific characteristics may also contribute to the issue. The sub-supplier’s manufacturing process was changed in January 2012, and the vehicles now recalled by Toyota represent more than half of all inflators of the relevant type manufactured before the sub-supplier process was changed. As previously disclosed in our Quarterly Reports on Form 10-Q for the periods ended March 31, 2016, June 30, 2016 and September 30, 2016, the Company determined pursuant to ASC 450 that a loss with respect to this issue is reasonably possible. If the Company is obligated to indemnify Toyota for the costs associated with the Toyota Recall, the Company expects that its insurance will generally cover such costs and liabilities and estimates that the Company’s loss, net of expected insurance recoveries, would be less than $20 million. However, the ultimate costs of the Toyota Recall could be materially different. The main variables affecting the ultimate cost for the Company are: the determination of proportionate responsibility (if any) among Toyota, the Company, and any relevant sub-suppliers; the ultimate number of vehicles repaired; the cost of repair per vehicle; and the actual recoveries from sub-suppliers and insurers. The Company’s insurance policies generally include coverage of the costs of a recall, although costs related to replacement parts are generally not covered. In its products, the Company utilizes technologies which may be subject to intellectual property rights of third parties. While the Company does seek to procure the necessary rights to utilize intellectual property rights associated with its products, it may fail to do so. Where the Company so fails, the Company may be exposed to material claims from the owners of such rights. Where the Company has sold products which infringe upon such rights, its customers may be entitled to be indemnified by the Company for the claims they suffer as a result thereof. Such claims could be material. The table in Note 11 Product Related Liabilities above summarizes the change in the balance sheet position of the product related liabilities for the fiscal year ended December 31, 2016.

Lease Commitments

Lease Commitments	12 Months Ended
	Dec. 31, 2016
Leases [Abstract]
Lease Commitments	17. Lease Commitments OPERATING LEASES The Company leases certain offices, manufacturing and research buildings, machinery, automobiles, data processing and other equipment under operating lease contracts. The operating leases, some of which are non-cancellable and include renewals, expire at various dates through 2045. The Company pays most maintenance, insurance and tax expenses relating to leased assets. Rental expense for operating leases was $46.9 million, $40.9 million and $44.6 million for 2016, 2015 and 2014, respectively. At December 31, 2016, future minimum lease payments for non-cancellable operating leases totaled $132.7 million and are payable as follows (in millions): 2017: $40.2; 2018: $28.9; 2019: $22.7; 2020: $15.2; 2021: $10.3; 2022 and thereafter: $15.4. CAPITAL LEASES The Company leases certain property, plant and equipment under capital lease contracts. The capital leases expire at various dates through 2021. At December 31, 2016, future minimum lease payments for non-cancellable capital leases totaled $16.0 million and are payable as follows (in millions): 2017: $4.2; 2018: $0.6; 2019: $0.6; 2020: $0.6; 2021: $10.0; 2022 and thereafter: $0.0.

Retirement Plans

Retirement Plans	12 Months Ended
	Dec. 31, 2016
Compensation and Retirement Disclosure [Abstract]
Retirement Plans	18. Retirement Plans DEFINED CONTRIBUTION PLANS Many of the Company’s employees are covered by government sponsored pension and welfare programs. Under the terms of these programs, the Company makes periodic payments to various government agencies. In addition, in some countries the Company sponsors or participates in certain non-governmental defined contribution plans. Contributions to defined contribution plans for the years ended December 31, 2016, 2015 and 2014 were $21.3 million, $19.9 million and $20.2 million, respectively. MULTIEMPLOYER PLANS The Company participates in multiemployer plans in Sweden, Canada, Spain, the Netherlands and Japan which are all deemed insignificant. The largest of these plans is in Sweden, the ITP-2 pension plan, which is funded through Alecta. For employees born before 1979, the plan provides a final pay pension benefit based on all service with participating employers. The Company must pay for wage increases in excess of inflation on service earned with previous employers. The plan also provides disability and family benefits. The plan is more than 100% funded. The Company contributions to the multiemployer plan in Sweden for the years ended December 31, 2016, 2015 and 2014 were $4.4 million, $2.2 million and $2.4 million, respectively. DEFINED BENEFIT PLANS The Company has a number of defined benefit pension plans, both contributory and non-contributory, in the U.S., Canada, Germany, France, Japan, Mexico, Sweden, South Korea, India, Turkey, Thailand, Philippines and the United Kingdom. There are funded as well as unfunded plan arrangements which provide retirement benefits to both U.S. and non-U.S. participants. The main plan is the U.S. plan for which the benefits are based on an average of the employee’s earnings in the years preceding retirement and on credited service. The Company has closed participation in the Autoliv ASP, Inc. Pension Plan to exclude those employees hired after December 31, 2003. Within the U.S. there is also a non-qualified restoration plan that provides benefits to employees whose benefits in the primary U.S. plan are restricted by limitations on the compensation that can be considered in calculating their benefits. For the Company’s non-U.S. defined benefit plans the most significant individual plan resides in the U.K. The Company has closed participation in the U.K. defined benefit plan to exclude all employees hired after April 30, 2003 with few members accruing benefits. CHANGES IN BENEFIT OBLIGATIONS AND PLAN ASSETS FOR THE PERIODS ENDED DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Benefit obligation at beginning of year $ 324.6 $ 357.0 $ 215.8 $ 237.3 Service cost 8.3 9.9 14.9 14.4 Interest cost 14.6 14.4 7.0 7.0 Actuarial (gain) loss due to: Change in discount rate 25.9 (47.6 ) 21.4 (9.7 ) Experience 5.9 9.6 (2.0 ) (7.7 ) Other assumption changes (6.5 ) (1.0 ) 0.5 (2.2 ) Plan participants’ contributions — — 0.1 0.2 Plan amendments — 0.3 2.1 0.2 Benefits paid (11.6 ) (18.0 ) (8.7 ) (8.4 ) Curtailments — — (6.9 ) (0.8 ) Special termination benefits — — 0.1 0.1 Acquisition — — 35.3 — Other — — (0.3 ) (0.2 ) Translation difference — — (18.7 ) (14.4 ) Benefit obligation at end of year $ 361.2 $ 324.6 $ 260.6 $ 215.8 Fair value of plan assets at beginning of year $ 240.0 $ 253.8 $ 103.4 $ 108.0 Actual return on plan assets 21.3 (2.5 ) 12.1 (1.4 ) Company contributions 6.8 6.7 9.8 9.6 Plan participants’ contributions — — 0.1 0.1 Benefits paid (11.6 ) (18.0 ) (8.7 ) (8.4 ) Settlements — — (0.6 ) — Acquisition — — 25.9 — Other — — (0.3 ) (0.2 ) Translation difference — — (13.9 ) (4.3 ) Fair value of plan assets at year end $ 256.5 $ 240.0 $ 127.8 $ 103.4 Funded status recognized in the balance sheet $ (104.7 ) $ (84.6 ) $ (132.8 ) $ (112.4 ) The U.S. plan provides that benefits may be paid in the form of a lump sum if so elected by the participant. In order to more accurately reflect a market-derived pension obligation, Autoliv adjusts the assumed lump sum interest rate to reflect market conditions as of each December 31. This methodology is consistent with the approach required under the Pension Protection Act of 2006, which provides the rules for determining minimum funding requirements in the U.S. COMPONENTS OF NET PERIODIC BENEFIT COST ASSOCIATED WITH THE DEFINED BENEFIT RETIREMENT PLANS U.S. 2016 2015 2014 Service cost $ 8.3 $ 9.9 $ 7.3 Interest cost 14.6 14.4 13.0 Expected return on plan assets (16.6 ) (17.5 ) (15.4 ) Amortization of prior service credit (0.9 ) (1.0 ) (1.0 ) Amortization of actuarial loss 4.8 7.7 1.9 Net periodic benefit cost $ 10.2 $ 13.5 $ 5.8 COMPONENTS OF NET PERIODIC BENEFIT COST ASSOCIATED WITH THE DEFINED BENEFIT RETIREMENT PLANS (CONTINUED) Non-U.S. 2016 2015 2014 Service cost $ 14.9 $ 14.4 $ 13.5 Interest cost 7.0 7.0 8.2 Expected return on plan assets (3.9 ) (3.8 ) (4.5 ) Amortization of prior service costs 0.4 0.3 0.3 Amortization of actuarial loss 1.5 3.1 1.1 Settlement loss (gain) (2.5 ) 0.0 0.1 Curtailment loss (gain) 0.1 0.0 0.1 Special termination benefits 0.1 0.1 — Net periodic benefit cost $ 17.6 $ 21.1 $ 18.8 The estimated prior service credit for the U.S. defined benefit pension plans that will be amortized from other comprehensive income into net benefit cost over the next fiscal year is immaterial. Amortization of net actuarial losses is expected to be $5.7 million in 2017. Net periodic benefit cost associated with these U.S. plans was $10.2 million in 2016 and is expected to be around $11.9 million in 2017. The estimated prior service cost and net actuarial loss for the non-U.S. defined benefit pension plans that will be amortized from other comprehensive income into net benefit cost over the next fiscal year are $0.5 million and $2.1 million, respectively. Net periodic benefit cost associated with these non-U.S. plans was $17.6 million in 2016 and is expected to be around $20.0 million in 2017. The amortization of the net actuarial loss is made over the estimated remaining service lives of the plan participants, 10 years for U.S. and 5-20 years for non-U.S. participants, varying between the different countries depending on the age of the work force. COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME BEFORE TAX AS OF DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Net actuarial loss (gain) $ 95.6 $ 79.9 $ 35.7 $ 31.9 Prior service cost (credit) 0.3 (0.6 ) 3.8 2.3 Total accumulated other comprehensive income recognized in the balance sheet $ 95.9 $ 79.3 $ 39.5 $ 34.2 CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME BEFORE TAX FOR THE PERIODS ENDED DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Total retirement benefit recognized in accumulated other comprehensive income at beginning of year $ 79.3 $ 104.7 $ 34.2 $ 56.4 Net actuarial loss (gain) 20.5 (19.0 ) 7.8 (14.9 ) Prior service cost — 0.3 2.1 0.2 Amortization of prior service credit (cost) 0.9 1.0 (0.6 ) (0.3 ) Amortization of actuarial loss (4.8 ) (7.7 ) (1.9 ) (3.1 ) Translation difference — — (2.1 ) (4.1 ) Total retirement benefit recognized in accumulated other comprehensive income at end of year $ 95.9 $ 79.3 $ 39.5 $ 34.2 The accumulated benefit obligation for the U.S. non-contributory defined benefit pension plans was $292.4 million and $261.8 million at December 31, 2016 and 2015, respectively. The accumulated benefit obligation for the non-U.S. defined benefit pension plans was $220.3 million and $177.7 million at December 31, 2016 and 2015, respectively. Pension plans for which the accumulated benefit obligation (ABO) is notably in excess of the plan assets reside in the following countries: U.S., France, Germany, Japan, South Korea and Sweden. PENSION PLANS FOR WHICH ABO EXCEEDS THE FAIR VALUE OF PLAN ASSETS AS OF DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Projected Benefit Obligation (PBO) $ 361.2 $ 324.6 $ 185.7 $ 118.0 Accumulated Benefit Obligation (ABO) $ 292.4 $ 261.8 $ 152.5 $ 89.5 Fair value of plan assets $ 256.5 $ 240.0 $ 54.9 $ 4.3 The Company, in consultation with its actuarial advisors, determines certain key assumptions to be used in calculating the projected benefit obligation and annual net periodic benefit cost. ASSUMPTIONS USED TO DETERMINE THE BENEFIT OBLIGATIONS AS OF DECEMBER 31 U.S. Non-U.S. 1) % WEIGHTED AVERAGE 2016 2015 2016 2015 Discount rate 4.15 4.50 0.50-3.90 0.50-4.10 Rate of increases in compensation level 2.65 2.65 2.00-5.00 2.25-5.00 ASSUMPTIONS USED TO DETERMINE THE NET PERIODIC BENEFIT COST FOR YEARS ENDED DECEMBER 31 U.S. % WEIGHTED AVERAGE 2016 2015 2014 Discount rate 4.50 4.00 5.00 Rate of increases in compensation level 2.65 3.50 3.50 Expected long-term rate of return on assets 7.08 7.08 7.08 Non-U.S. 1) % WEIGHTED AVERAGE 2016 2015 2014 Discount rate 0.50-4.10 0.50-4.00 1.00-5.00 Rate of increases in compensation level 2.25-5.00 2.25-5.00 2.25-5.00 Expected long-term rate of return on assets 3.30-6.15 2.60-6.15 2.60-6.15 1) The Non-U.S. weighted average plan ranges in the tables above have been prepared using significant plans only, which in total represent more than 90% of the total Non-U.S. projected benefit obligation. The discount rate for the U.S. plans has been set based on the rates of return on high-quality fixed-income investments currently available at the measurement date and expected to be available during the period the benefits will be paid. The expected timing of cash flows from the plan has also been considered in selecting the discount rate. In particular, the yields on bonds rated AA or better on the measurement date have been used to set the discount rate. The discount rate for the U.K. plan has been set based on the weighted average yields on long-term high-grade corporate bonds and is determined by reference to financial markets on the measurement date. The expected rate of increase in compensation levels and long-term rate of return on plan assets are determined based on a number of factors and must take into account long-term expectations and reflect the financial environment in the respective local market. The expected return on assets for the U.S. and U.K. plans are based on the fair value of the assets as of December 31. The level of equity exposure is currently targeted at approximately 55% for the primary U.S. plan. The investment objective is to provide an attractive risk-adjusted return that will ensure the payment of benefits while protecting against the risk of substantial investment losses. Correlations among the asset classes are used to identify an asset mix that Autoliv believes will provide the most attractive returns. Long-term return forecasts for each asset class using historical data and other qualitative considerations to adjust for projected economic forecasts are used to set the expected rate of return for the entire portfolio. The Company has assumed a long-term rate of return on the U.S. plan assets of 7.08% for calculating the 2016 expense and 7.08% for calculating the 2017 expense. The Company has assumed a long-term rate of return on the non-U.S. plan assets in a range of 3.30-6.15% for 2016. The closed U.K. plan which has a targeted and actual allocation of almost 100% debt instruments accounts for approximately 47% of the total non-U.S. plan assets. Autoliv made contributions to the U.S. plan during 2016 and 2015 amounting to $6.8 million and $6.7 million, respectively. Contributions to the U.K. plan during 2016 and 2015 amounted to $1.2 million and $1.4 million, respectively. The Company expects to contribute $6.9 million to its U.S. pension plan in 2017 and is currently projecting a yearly funding at approximately the same level in the years thereafter. For the UK plan, which is the most significant non-U.S. pension plan, the Company expects to contribute $1.1 million in 2017 and in the years thereafter. FAIR VALUE OF TOTAL PLAN ASSETS FOR YEARS ENDED DECEMBER 31 U.S. U.S. Non-U.S. ASSETS CATEGORY IN % WEIGHTED AVERAGE Target 2016 2015 2016 2015 Equity securities 55 56 56 14 15 Debt instruments 45 43 43 52 65 Other assets — 1 1 34 20 Total 100 100 100 100 100 The following table summarizes the fair value of the Company’s plan assets: Fair value Fair value measurement at Assets U.S. Equity Large Cap $ 95.1 $ 88.1 Mid Cap 10.6 10.1 Small Cap 11.9 10.3 Non-U.S. Equity 44.8 41.0 U.S. Bonds Aggregate 109.1 103.7 Non-U.S. Bonds Corporate 60.4 60.9 Aggregate 5.9 5.9 Insurance Contracts 36.7 13.9 Other Investments 9.8 9.5 Total $ 384.3 $ 343.4 The fair value measurement level within the fair value hierarchy (see note 3) is based on the lowest level of any input that is significant to the fair value measurement. After further analysis of the characteristics of certain investments (e.g. fair values based on net asset values held by common collective trusts) we have evaluated the fair value of plan assets should be reported as Level 2. The estimated future benefit payments for the pension benefits reflect expected future service, as appropriate. The amount of benefit payments in a given year may vary from the projected amount, especially for the U.S. plan since historically this plan pays the majority of benefits as a lump sum, where the lump sum amounts vary with market interest rates. PENSION BENEFITS EXPECTED PAYMENTS U.S. Non-U.S. 2017 $ 14.2 $ 7.3 2018 $ 15.6 $ 8.2 2019 $ 17.4 $ 9.1 2020 $ 18.5 $ 9.2 2021 $ 21.4 $ 10.3 Years 2022-2026 $ 139.7 $ 59.6 POSTRETIREMENT BENEFITS OTHER THAN PENSIONS The Company currently provides postretirement health care and life insurance benefits to most of its U.S. retirees. Such benefits in other countries are included in the tables below, but are not significant. In general, the terms of the plans provide that U.S. employees who retire after attaining age 55, with 15 years of service (5 years before December 31, 2006), are reimbursed for qualified medical expenses up to a maximum annual amount. Spouses for certain retirees are also eligible for reimbursement under the plan. Life insurance coverage is available for those who elect coverage under the retiree health plan. During 2014, the plan was amended to move from a self-insured model where employees were charged an estimated premium based on anticipated plan expenses for continued coverage, to a plan where retirees are provided a fixed contribution to a Health Retirement Account (HRA). Retirees can use the HRA funds to purchase insurance through a private exchange. Employees hired on or after January 1, 2004 are not eligible to participate in the plan. The Company has reviewed the impact of the Medicare Prescription Drug, Improvement and Modernization Act of 2003 (Medicare Part D) on its financial statements. Although the Plan may currently qualify for a subsidy from Medicare, the amount of the subsidy is so small that the expenses incurred to file for the subsidy may exceed the subsidy itself. Therefore, the impact of any subsidy is ignored in the calculations as Autoliv will not be filing for any reimbursement from Medicare. CHANGES IN BENEFIT OBLIGATIONS AND PLAN ASSETS FOR POSTRETIREMENT BENEFIT PLANS OTHER THAN PENSIONS AS OF DECEMBER 31 2016 2015 2014 Benefit obligation at beginning of year $ 19.3 $ 21.0 $ 34.3 Service cost 0.4 0.5 1.3 Interest cost 0.8 0.8 1.6 Actuarial (gain) loss due to: Change in discount rate 0.7 (1.2 ) 2.4 Experience (0.1 ) (0.9 ) (1.1 ) Other assumption changes (2.9 ) (0.9 ) 0.4 Plan amendments 0.2 (0.0 ) (17.2 ) Benefits paid (0.3 ) (0.2 ) (0.8 ) Other 0.4 0.2 0.1 Benefit obligation at end of year $ 18.5 $ 19.3 $ 21.0 Fair value of plan assets at beginning of year $ — $ — $ — Company contributions 0.3 0.2 0.8 Benefits paid (0.3 ) (0.2 ) (0.8 ) Fair value of plan assets at end of year $ — $ — $ — Accrued postretirement benefit cost recognized in the balance sheet $ (18.5 ) $ (19.3 ) $ (21.0 ) The liability for postretirement benefits other than pensions is classified as other non-current liabilities in the balance sheet. COMPONENTS OF NET PERIODIC BENEFIT COST ASSOCIATED WITH THE POST RETIREMENT BENEFIT PLANS OTHER THAN PENSIONS PERIOD ENDED DECEMBER 31 2016 2015 2014 Service cost $ 0.4 $ 0.5 $ 1.3 Interest cost 0.8 0.8 1.6 Amortization of prior service cost (2.1 ) (2.2 ) (0.1 ) Amortization of actuarial loss (0.1 ) (0.1 ) (0.1 ) Net periodic benefit (credit) cost $ (1.0 ) $ (1.0 ) $ 2.7 COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME BEFORE TAX ASSOCIATED WITH POSTRETIREMENT BENEFIT PLANS OTHER THAN PENSIONS AS OF DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Net actuarial loss (gain) $ (4.8 ) $ (3.0 ) $ (1.5 ) $ (2.5 ) Prior service cost (credit) (12.8) (15.2) 0.2 (0.0) Total accumulated other comprehensive income recognized in the balance sheet $ (17.6 ) $ (18.2 ) $ (1.3 ) $ (2.5 ) For measuring end-of-year obligations at December 31, 2016, health care trends are not needed due to the fixed-cost nature of the benefits provided in 2014 and beyond. After 2014, all retirees receive a fixed dollar subsidy toward the cost of their health benefits. This individual retiree subsidy will not increase in future years. The weighted average discount rate used to determine the U.S. postretirement benefit obligation was 4.40% in 2016 and 4.65% in 2015. The average discount rate used in determining the postretirement benefit cost was 4.65% in 2016, 4.20% in 2015 and 5.05% in 2014. A one percentage point increase or decrease in the annual health care cost trend rates would have had no impact on the Company’s net benefit cost for the current period or on the accumulated postretirement benefit obligation at December 31, 2016. This is due to the fixed-dollar nature of the benefits provided under the postretirement benefit plan. The estimated net gain and prior service credit for the postretirement benefit plans that will be amortized from other comprehensive income into net benefit cost over the next fiscal year are approximately $(2.6) million combined. The estimated future benefit payments for the postretirement benefits reflect expected future service as appropriate. POSTRETIREMENT BENEFITS EXPECTED 2017 $ 0.5 2018 $ 0.5 2019 $ 0.6 2020 $ 0.7 2021 $ 0.7 Years 2022–2026 $ 4.4

Segment Information

Segment Information	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Information	19. Segment Information The Company has two operating segments, Passive Safety and Electronics. Passive Safety includes Autoliv’s airbag and seatbelt products and components, while Electronics combines all of Autoliv’s electronics resources and expertise in passive safety electronics, brake control systems and active safety. The operating results of the operating segments are regularly reviewed by the Company’s chief operating decision maker to assess the performance of the individual operating segments and make decisions about resources to be allocated to the operating segments. NET SALES, INCLUDING INTERSEGMENT SALES 2016 2015 2014 Passive Safety $ 7,918.8 $ 7,621.2 $ 7,800.1 Electronics 2,215.6 1,588.7 1,488.9 Total segment sales 10,134.4 9,209.9 9,289.0 Corporate and other 5.8 14.7 20.1 Intersegment sales (66.6 ) (55.0 ) (68.6 ) Total net sales $ 10,073.6 $ 9,169.6 $ 9,240.5 INCOME BEFORE INCOME TAXES 2016 2015 2014 Passive Safety $ 817.7 $ 669.2 $ 598.1 Electronics 61.5 64.5 76.0 Segment operating income 879.2 733.7 674.1 Corporate and other (31.5 ) (5.9 ) 48.5 Interest and other non-operating expenses, net (46.5 ) (56.8 ) (62.5 ) Income from equity method investments 2.6 4.7 6.9 Income before income taxes $ 803.8 $ 675.7 $ 667.0 CAPITAL EXPENDITURES 2016 2015 2014 Passive Safety $ 394.7 $ 405.6 $ 389.0 Electronics 100.9 53.2 64.1 Corporate and other 11.2 7.0 2.9 Total capital expenditures $ 506.8 $ 465.8 $ 456.0 DEPRECIATION AND AMORTIZATION 2016 2015 2014 Passive Safety $ 278.5 $ 264.5 $ 254.6 Electronics 96.1 49.3 45.2 Corporate and other 8.4 5.3 5.6 Total depreciation and amortization $ 383.0 $ 319.1 $ 305.4 SEGMENT ASSETS 2016 2015 Passive Safety $ 5,637.0 $ 5,539.3 Electronics 1,715.5 966.5 Segment assets $ 7,352.5 $ 6,505.8 Corporate and other 1) 881.9 1,019.7 Total assets $ 8,234.4 $ 7,525.5 1) Corporate and other assets mainly consist of cash and cash equivalents, income taxes and equity method investments. The Company’s customers consist of all major European, U.S. and Asian automobile manufacturers. Sales to individual customers representing 10% or more of net sales were: In 2016: Renault 11% (incl. Nissan), Ford 11% and Hyundai/Kia 11%. In 2015: GM 12% (incl. Opel, etc.), Ford 12% and Renault 10% (incl. Nissan). In 2014: GM 14% (incl. Opel, etc.), Ford 11% and Renault 11% (incl. Nissan). NET SALES BY REGION 2016 2015 2014 Asia $ 3,617.4 $ 3,077.4 $ 3,097.9 Whereof: China 1,766.2 1,523.7 1,521.6 Japan 949.7 668.0 687.7 Rest of Asia 901.5 885.7 888.6 Americas 3,380.4 3,264.8 3,099.4 Europe 3,075.8 2,827.4 3,043.2 Total $ 10,073.6 $ 9,169.6 $ 9,240.5 The Company has attributed net sales to the geographic area based on the location of the entity selling the final product. External sales in the U.S. amounted to $2,694 million, $2,469 million and $2,269 million in 2016, 2015 and 2014, respectively. Of the external sales, exports from the U.S. to other regions amounted to approximately $645 million, $527 million and $459 million in 2016, 2015 and 2014, respectively. NET SALES BY PRODUCT 2016 2015 2014 Airbag products 1) $ 5,255.8 $ 5,036.2 $ 5,019.3 Seatbelt products 1) 2,665.2 2,599.1 2,800.1 Passive Safety Electronic products 1,031.0 923.2 932.0 Active Safety products 738.6 611.1 489.1 Brake Control Systems 383.0 — — Total net sales $ 10,073.6 $ 9,169.6 $ 9,240.5 1) Including Corporate and other sales. LONG-LIVED ASSETS 2016 2015 Asia $ 1,147 $ 739 Whereof: China 556 434 Japan 376 103 Rest of Asia 215 202 Americas 2,206 2,027 Europe 741 721 Total $ 4,094 $ 3,487 Long-lived assets in the U.S. amounted to $2,018 million and $1,863 million for 2016 and 2015, respectively. For 2016, $1,678 million (2015, $1,595 million) of the long-lived assets in the U.S. refers to intangible assets, principally from acquisition goodwill.

Earnings Per Share

Earnings Per Share	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Earnings Per Share	20. Earnings Per Share The weighted average shares used in calculating earnings per share were: 2016 2015 2014 Weighted average shares basic 88.2 88.2 92.1 Effect of dilutive securities: stock options/share awards 0.2 0.2 0.3 Weighted average shares diluted 88.4 88.4 92.4 There were approximately 0.2 million antidilutive shares outstanding for the year ended December 31, 2016, approximately 2 thousand antidilutive shares outstanding for the year ended December 31, 2015 and no antidilutive shares outstanding for the year ended December 31, 2014.

Subsequent Events

Subsequent Events	12 Months Ended
	Dec. 31, 2016
Subsequent Events [Abstract]
Subsequent Events	21. Subsequent Events There were no reportable events subsequent to December 31, 2016.

Quarterly Financial Data (unaud

Quarterly Financial Data (unaudited)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Quarterly Financial Data (unaudited)	22. Quarterly Financial Data (unaudited) 2016 Q1 Q2 Q3 Q4 Net sales $ 2,430.0 $ 2,578.5 $ 2,461.3 $ 2,603.8 Gross profit 501.0 526.5 495.3 534.2 Income before taxes 190.3 200.4 185.1 228.0 Net income 133.5 148.4 135.5 144.2 Net income attributable to controlling interest 133.2 148.4 137.8 147.7 Earnings per share – basic $ 1.51 $ 1.68 $ 1.56 $ 1.67 – diluted $ 1.51 $ 1.68 $ 1.56 $ 1.67 Dividends paid $ 0.56 $ 0.58 $ 0.58 $ 0.58 2015 Q1 Q2 Q3 Q4 Net sales $ 2,174.1 $ 2,291.5 $ 2,184.5 $ 2,519.5 Gross profit 423.3 460.0 440.1 520.7 Income before taxes 64.5 194.5 151.8 264.9 Net income 35.7 136.8 99.1 185.9 Net income attributable to controlling interest 35.7 136.7 98.9 185.5 Earnings per share – basic $ 0.40 $ 1.55 $ 1.12 $ 2.11 – diluted $ 0.40 $ 1.55 $ 1.12 $ 2.10 Dividends paid $ 0.54 $ 0.56 $ 0.56 $ 0.56

Summary of Significant Accoun30

Summary of Significant Accounting Policies (Policies)	12 Months Ended
	Dec. 31, 2016
Accounting Policies [Abstract]
Principles of Consolidation	PRINCIPLES OF CONSOLIDATION The consolidated financial statements have been prepared in accordance with United States (U.S.) Generally Accepted Accounting Principles (GAAP) and include Autoliv, Inc. and all companies over which Autoliv, Inc. directly or indirectly exercises control, which as a general rule means that the Company owns more than 50% of the voting rights. Consolidation is also required when the Company has both the power to direct the activities of a variable interest entity (VIE) and the obligation to absorb losses or the right to receive benefits from the VIE that could be significant to the VIE. All intercompany accounts and transactions within the Company have been eliminated from the consolidated financial statements. Investments in affiliated companies in which the Company exercises significant influence over the operations and financial policies, but does not control, are reported using the equity method of accounting. Generally, the Company owns between 20 and 50 percent of such investments.
Business Combinations	BUSINESS COMBINATIONS Transactions in which the Company obtains control of a business are accounted for according to the acquisition method as described in Financial Accounting Standards Board (FASB) Accounting Standards Codification (ASC) 805, Business Combinations. The assets acquired and liabilities assumed are recognized and measured at their fair values as of the date control is obtained. Acquisition related costs in connection with a business combination are expensed as incurred. Contingent consideration is recognized and measured at fair value at the acquisition date and until paid is re-measured on a recurring basis. It is classified as a liability based on appropriate GAAP.
Use of Estimates	USE OF ESTIMATES The preparation of consolidated financial statements in conformity with GAAP requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosures of contingent assets and liabilities at the date of the consolidated financial statements, and the reported amounts of net sales and expenses during the reporting period. The accounting estimates that require management’s most significant judgments include the estimation of retroactive price adjustments, estimations associated with purchase price allocations regarding business combinations, valuation of stock based payments, assessment of recoverability of goodwill and intangible assets, estimation of pension benefit obligations based on actuarial assumptions, estimation of accruals for warranty and product liabilities, restructuring charges, uncertain tax positions, valuation allowances and legal proceedings. Actual results could differ from those estimates.
Revenue Recognition	REVENUE RECOGNITION Revenues are recognized when there is evidence of a sales agreement, delivery of goods has occurred, the sales price is fixed or determinable and the collectability of revenue is reasonably assured. The Company records revenue from the sale of manufactured products upon shipment to customers and transfer of title and risk of loss under standard commercial terms (typically F.O.B. shipping point). In those limited instances where other terms are negotiated and agreed, revenue is recorded when title and risk of loss are transferred to the customer. Accruals are made for retroactive price adjustments when probable and able to be reasonably estimated. Net sales exclude taxes assessed by a governmental authority that are directly imposed on revenue-producing transactions between the Company and its customers.
Cost of Sales	COST OF SALES Shipping and handling costs are included in Cost of sales in the Consolidated Statements of Net Income. Contracts to supply products which extend for periods in excess of one year are reviewed when conditions indicate that costs may exceed selling prices, resulting in losses. Losses on long-term supply contracts are recognized when probable and estimable.
Research, Development and Engineering	RESEARCH, DEVELOPMENT AND ENGINEERING (R,D&E) Research and development and most engineering expenses are expensed as incurred. These expenses are reported net of income from contracts to perform engineering design and product development services. Such income is not significant in any period presented. Certain engineering expenses related to long-term supply arrangements are capitalized when defined criteria, such as the existence of a contractual guarantee for reimbursement, are met. The aggregate amount of such assets is not significant in any period presented. Tooling is generally agreed upon as a separate contract or a separate component of an engineering contract, as a pre-production project. Capitalization of tooling costs is made only when the specific criteria for capitalization of customer funded tooling are met or the criteria for capitalization as Property, Plant & Equipment (P,P&E) for tools owned by the Company are fulfilled. Depreciation on the Company’s own tooling is recognized in the Consolidated Statements of Net Income as Cost of sales.
Stock Based Compensation	STOCK BASED COMPENSATION The compensation costs for all of the Company’s stock-based compensation awards are determined based on the fair value method as defined in ASC 718, Compensation—Stock Compensation. The Company records the compensation expense for awards under the Stock Incentive Plan, including Restricted Stock Units (RSUs), Performance Shares (PSs) and stock options (SOs), over the respective vesting period. For further details, see Note 15.
Income Tax	INCOME TAXES Current tax liabilities and assets are recognized for the estimated taxes payable or refundable on the tax returns for the current year. In certain circumstances, payments or refunds may extend beyond twelve months, in such cases amounts would be classified as non-current taxes payable or refundable. Deferred tax liabilities or assets are recognized for the estimated future tax effects attributable to temporary differences and carryforwards that result from events that have been recognized in either the financial statements or the tax returns, but not both. The measurement of current and deferred tax liabilities and assets is based on provisions of enacted tax laws. Deferred tax assets are reduced by the amount of any tax benefits that are not expected to be realized. A valuation allowance is recognized if, based on the weight of all available evidence, it is more likely than not that some portion, or all, of the deferred tax asset will not be realized. Evaluation of the realizability of deferred tax assets is subject to significant judgment requiring careful consideration of all facts and circumstances. Starting 2016 the Company classified deferred tax assets and liabilities non-current in the Consolidated Balance Sheets to reflect the adoption of ASU 2015-17. Tax assets and liabilities are not offset unless attributable to the same tax jurisdiction and netting is possible according to law and expected to take place in the same period. Tax benefits associated with tax positions taken in the Company’s income tax returns are initially recognized and measured in the financial statements when it is more likely than not that those tax positions will be sustained upon examination by the relevant taxing authorities. The Company’s evaluation of its tax bene-fits is based on the probability of the tax position being upheld if challenged by the taxing authorities (including through negotiation, appeals, settlement and litigation). Whenever a tax position does not meet the initial recognition criteria, the tax benefit is subsequently recognized and measured if there is a substantive change in the facts and circumstances that cause a change in judgment concerning the sustainability of the tax position upon examination by the relevant taxing authorities. In cases where tax benefits meet the initial recognition criterion, the Company continues, in subsequent periods, to assess its ability to sustain those positions. A previously recognized tax benefit is derecognized when it is no longer more likely than not that the tax position would be sustained upon examination. Liabilities for unrecognized tax benefits are classified as non-current unless the payment of the liability is expected to be made within the next 12 months.
Earnings Per Share	EARNINGS PER SHARE The Company calculates basic earnings per share (EPS) by dividing net income attributable to controlling interest by the weighted-average number of common shares outstanding for the period (net of treasury shares). When it would not be antidilutive (such as during periods of net loss), the diluted EPS also reflects the potential dilution that could occur if common stock were issued for awards under the Stock Incentive Plan. For further details, see Note 15.
Cash Equivalents	CASH EQUIVALENTS The Company considers all highly liquid investment instruments purchased with an original maturity of three months or less to be cash equivalents.
Receivables	RECEIVABLES The Company has guidelines for calculating the allowance for bad debts. In determining the amount of a bad debt allowance, management uses its judgment to consider factors such as the age of the receivables, the Company’s prior experience with the customer, the experience of other enterprises in the same industry, the customer’s ability to pay, and/or an appraisal of current economic conditions. Collateral is typically not required. There can be no assurance that the amount ultimately realized for receivables will not be materially different than that assumed in the calculation of the allowance.
Derivative Instruments and Hedging Activities	DERIVATIVE INSTRUMENTS AND HEDGING ACTIVITIES The Company uses derivative financial instruments, primarily forwards, options and swaps to reduce the effects of fluctuations in foreign exchange rates, interest rates and the resulting variability of the Company’s operating results. On the date that a derivative contract is entered into, the Company designates the derivative as either (1) a hedge of the exposure to changes in the fair value of a recognized asset or liability or of an unrecognized firm commitment (a fair value hedge), (2) a hedge of the exposure of a forecasted transaction or of the variability in the cash flows of a recognized asset or liability (a cash flow hedge) or (3) an economic hedge not applying special hedge accounting pursuant to ASC 815. When a hedge is classified as a fair value hedge, the change in the fair value of the hedge is recognized in the Consolidated Statements of Net Income along with the offsetting change in the fair value of the hedged item. When a hedge is classified as a cash flow hedge, any change in the fair value of the hedge is initially recorded in equity as a component of Other Comprehensive Income (OCI) and reclassified into the Consolidated Statements of Net Income when the hedge transaction affects net earnings. All derivatives are recognized in the consolidated financial statements at fair value. For certain other derivatives hedge accounting is not applied either because non-hedge accounting treatment creates the same accounting result or the hedge does not meet the hedge accounting requirements, although entered into applying the same rationale concerning mitigating market risk that occurs from changes in interest and foreign exchange rates. For further details on the Company’s financial instruments, see Notes 3 and 12.
Inventories	INVENTORIES The cost of inventories is computed according to the first-in, first-out method (FIFO). Cost includes the cost of materials, direct labor and the applicable share of manufacturing overhead. Inventories are evaluated based on individual or, in some cases, groups of inventory items. Reserves are established to reduce the value of inventories to the lower of cost or market, with the market generally defined as net realizable value for finished goods and replacement cost for raw materials and work-in-process. Excess inventories are quantities of items that exceed anticipated sales or usage for a reasonable period. The Company has guidelines for calculating provisions for excess inventories based on the number of months of inventories on hand compared to anticipated sales or usage. Man-agement uses its judgment to forecast sales or usage and to determine what constitutes a reasonable period. There can be no assurance that the amount ultimately realized for inventories will not be materially different than that assumed in the calculation of the reserves.
Property, Plant and Equipment	PROPERTY, PLANT AND EQUIPMENT Property, Plant and Equipment are recorded at historical cost. Construction in progress generally involves short-term projects for which capitalized interest is not significant. The Company provides for depreciation of property, plant and equipment computed under the straight-line method over the assets’ estimated useful lives. Depreciation on capital leases is recognized in the Consolidated Statements of Net Income over the shorter of the assets’ expected life or the lease contract terms. Repairs and maintenance are expensed as incurred. The Company evaluates the carrying value of long-lived assets other than goodwill when indications of impairment are evident. Impairment testing is primarily done by using the cash flow method based on undiscounted future cash flows. Generally, the lowest level of cash flows for impairment assessment is customer platform level.
Goodwill and Intangible Assets	GOODWILL AND INTANGIBLE ASSETS Goodwill represents the excess of the fair value of consideration transferred over the fair value of net assets of businesses acquired. Goodwill is not amortized, but is subject to at least an annual review for impairment. Other intangible assets, principally related to acquired technology and contractual relationships, are amortized over their useful lives which range from 3 to 25 years. The Company performs its annual impairment testing in the fourth quarter of each year. Impairment testing is required more often than annually if an event or circumstance indicates that an impairment, or decline in value, may have occurred. In conducting its impairment testing, the Company compares the estimated fair value of each of its reporting units to the related carrying value of the reporting unit. If the estimated fair value of a reporting unit exceeds its carrying value, goodwill is considered not to be impaired. If the carrying value of a reporting unit exceeds its estimated fair value, an impairment loss is measured and recognized by the amount which the carrying amount of the goodwill exceeds the implied fair value of the goodwill determined by assigning the fair value of the reporting unit to all of the assets and liabilities of that unit. The estimated fair value of the reporting unit is determined by the discounted cash flow method taking into account expected long-term operating cash-flow performance. The Company discounts projected operating cash flows using its weighted average cost of capital, including a risk premium to adjust for market risk. The estimated fair value is based on automotive industry volume projections which are based on third-party and internally developed forecasts and discount rate assumptions. Significant assumptions include terminal growth rates, terminal operating margin rates, future capital expenditures and working capital requirements. To supplement this analysis, the Company compares the market value of its equity, calculated by reference to the quoted market prices of its shares, to the book value of its equity. There were no impairments of goodwill from 2014 through 2016.
Warranties and Recalls	WARRANTIES AND RECALLS The Company records liabilities for product recalls when probable claims are identified and when it is possible to reasonably estimate costs. Recall costs are costs incurred when the customer decides to formally recall a product due to a known or suspected safety concern. Product recall costs typically include the cost of the product being replaced as well as the customer’s cost of the recall, including labor to remove and replace the defective part. Provisions for warranty claims are estimated based on prior experience, likely changes in performance of newer products and the mix and volume of products sold. The provisions are recorded on an accrual basis.
Restructuring Provisions	RESTRUCTURING PROVISIONS The Company defines restructuring expense to include costs directly associated with rightsizing, exit or disposal activities. Estimates of restructuring charges are based on information available at the time such charges are recorded. In general, management anticipates that re-structuring activities will be completed within a timeframe such that significant changes to the exit plan are not likely. Due to inherent uncertainty involved in estimating restructuring expenses, actual amounts paid for such activities may differ from amounts initially estimated.
Pension Obligations	PENSION OBLIGATIONS The Company provides for both defined contribution plans and defined benefit plans. A defined contribution plan generally specifies the periodic amount that the employer must contribute to the plan and how that amount will be allocated to the eligible employees who perform services during the same period. A defined benefit pension plan is one that contains pension benefit formulas, which generally determine the amount of pension benefits that each employee will receive for services performed during a specified period of employment. The amount recognized as a defined benefit liability is the net total of projected benefit obligation (PBO) minus the fair value of plan assets (if any) (see Note 18). The plan assets are measured at fair value. The inputs to the fair value measurement of the plan assets are mainly level 2 inputs (see Note 3).
Contingent Liabilities	CONTINGENT LIABILITIES Various claims, lawsuits and proceedings are pending or threatened against the Company or its subsidiaries, covering a range of matters that arise in the ordinary course of its business activities with respect to commercial, product liability or other matters (see Note 16). The Company diligently defends itself in such matters and, in addition, carries insurance coverage to the extent reasonably available against insurable risks. The Company records liabilities for claims, lawsuits and proceedings when they are probable and it is possible to reasonably estimate the cost of such liabilities. Legal costs expected to be incurred in connection with a loss contingency are expensed as such costs are incurred. The Company believes, based on currently available information, that the resolution of outstanding matters, other than the antitrust matters described in Note 16, after taking into account recorded liabilities and available insurance coverage, should not have a material effect on the Company’s financial position or results of operations. However, due to the inherent uncertainty associated with such matters, there can be no assurance that the final outcomes of these matters will not be materially different than currently estimated.
Translation of Non-U. S. Subsidiaries and Receivables and Liabilities in Non-Functional Currencies	TRANSLATION OF NON-U.S. SUBSIDIARIES The balance sheets of subsidiaries with functional currency other than U.S. dollars are translated into U.S. dollars using year-end exchange rates. The statement of operations of these subsidiaries is translated into U.S. dollars using the average exchange rates for the year. Translation differences are reflected in equity as a component of OCI. RECEIVABLES AND LIABILITIES IN NON-FUNCTIONAL CURRENCIES Receivables and liabilities not denominated in functional currencies are converted at year-end exchange rates. Net transaction gains/(losses), reflected in the Consolidated Statements of Net Income amounted to $(3.0) million in 2016, $(11.0) million in 2015 and $(3.8) million in 2014, and are recorded in operating income if they relate to operational receivables and liabilities or are recorded in other non-operating items, net if they relate to financial receivables and liabilities.
Recently Issued Accounting Pronouncements	RECENTLY ISSUED ACCOUNTING PRONOUNCEMENTS In January 2017, the FASB issued Accounting Standards Update (ASU) 2017-04, Intangibles – Goodwill and Other (Topic 350) – Simplifying the Test for Goodwill Impairment, which simplifies how an entity is required to test goodwill for impairment by eliminating step 2 from the goodwill impairment test, which measures a goodwill impairment loss by comparing the implied fair value of a reporting unit’s goodwill with the carrying amount. Instead, entities should perform annual or interim goodwill impairment tests by comparing the fair value of a reporting unit with its carrying amount and recognize an impairment charge for the excess of carrying amount over the fair value of the respective reporting unit. The amendments in ASU 2017-04 are effective for public business entities for annual or interim goodwill impairment tests in annual periods beginning after December 15, 2019. Early adoption is permitted for interim or annual goodwill impairment tests performed on testing dates after January 1, 2017. The Company plans to early adopt ASU 2017-04 effective January 1, 2017. As this standard is prospective in nature, the impact to our financial statements by not performing step 2 to measure the amount of any potential goodwill impairment will depend on various factors. However, the elimination of step 2 will reduce the complexity and cost of the subsequent measurement of goodwill. In January 2017, the FASB issued ASU 2017-01, Business Combinations (Topic 805) – Clarifying the Definition of a Business, which provides a screen to determine when an integrated set of assets and activities is not a business. The screen requires that when substantially all of the fair value of the gross assets acquired (or disposed of) is concentrated in a single identifiable asset or a group of similar identifiable assets, the set is not a business. The amendments in ASU 2017-01 are effective for public business entities for annual periods beginning after December 15, 2017, and interim periods within those periods. ASU 2017-01 should be applied prospectively. Early adoption is allowed. The Company plans to early adopt ASU 2017-01 effective January 1, 2017 for new transactions that have not been reported in financial statements that have been issued or made available for issuance. As this standard is prospective in nature, the impact to our financial statements will depend on the nature of our future acquisitions. In August 2016, the FASB issued ASU 2016-15, Statement of Cash Flows (Topic 230) – Classification of Certain Cash Receipts and Cash Payments, which provides guidance on reducing the diversity in practice on eight cash flow classification issues and how certain cash receipts and cash payments are presented and classified in the statement of cash flows. The amendments in ASU 2016-15 are effective for public business entities for annual periods beginning after December 15, 2017, and interim periods within those annual periods. Early adoption is permitted, including adoption in an interim period. If an entity early adopts the amendments in an interim period, any adjustments should be reflected as of the beginning of the annual year that includes that interim period. The amendments in ASU 2016-15 should be applied using a retrospective transition method to each period presented. The Company plans to early adopt ASU 2016-15 effective January 1, 2017. The adoption of ASU 2016-15 is not expected to have a material impact for any period presented. In June 2016, the FASB issued ASU 2016-13, Financial Instruments – Credit Losses (Topic 326), Measurement of Credit Losses on Financial Instruments, which requires measurement and recognition of expected credit losses for financial assets held and requires enhanced disclosures regarding significant estimates and judgments used in estimating credit losses. ASU 2016-13 is effective for public business entities for annual periods beginning after December 15, 2019, and earlier adoption is permitted for annual periods beginning after December 15, 2018. We are currently evaluating the impact of our pending adoption of ASU 2016-13 on our consolidated financial statements. In March 2016, the FASB issued ASU 2016-09, Compensation – Stock Compensation (Topic 718), which simplifies the accounting for share-based payment transactions, including the income tax consequences, classification of awards as either equity or liabilities, and classification on the statement of cash flows. For public business entities, the amendments in ASU 2016-09 are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Amendments related to the timing of when excess tax benefits are recognized, minimum statutory withholding requirements, forfeitures, and intrinsic value should be applied using a modified retrospective transition method by means of a cumulative-effect adjustment to equity as of the beginning of the period in which the guidance is adopted. Amendments related to the presentation of employee taxes paid on the statement of cash flows when an employer withholds shares to meet the minimum statutory withholding requirement should be applied retrospectively. Amendments requiring recognition of excess tax benefits and tax deficiencies in the income statement and the practical expedient for estimating expected term should be applied prospectively. An entity may elect to apply the amendments related to the presentation of excess tax benefits on the statement of cash flows using either a prospective transition method or a retrospective transition method. The Company adopted ASU 2016-09 effective January 1, 2017 and has elected to recognize forfeitures as they occur. The adoption of ASU 2016-09 is not expected to have a material impact on the consolidated financial statements for any period presented. In February 2016, the FASB issued ASU 2016-02, Leases (Topic 842), to increase transparency and comparability among organizations by recognizing lease liabilities on the balance sheet and disclosing key information about leasing arrangements. ASU 2016-02 affects any entity that enters into a lease, with some specified scope exceptions. For public business entities, the amendments in ASU 2016-02 are effective for annual periods beginning after December 15, 2018, and interim periods within those annual periods. Early application is permitted for all entities. The Company is currently evaluating the impact of adopting ASU 2016-02 on its consolidated financial statements, which will require right of use assets and lease liabilities be recorded in the consolidated balance sheet for operating leases. In November 2015, the FASB issued ASU 2015-17, Balance Sheet Classification of Deferred Taxes (Topic 740), which simplifies the presentation of deferred income taxes. The amendments in ASU 2015-17 require that deferred tax liabilities and assets be classified as noncurrent in a classified statement of financial position and apply to all entities that present a classified statement of financial position. The current requirement that deferred tax liabilities and assets of a tax-paying component of an entity be offset and presented as a single amount is not affected by the amendments in ASU 2015-17. For public business entities, the amendments in ASU 2015-17 are effective for annual periods beginning after December 15, 2016, and interim periods within those annual periods. Earlier application is permitted for all entities as of the beginning of an interim or annual reporting period. The amendments in ASU 2015-17 may be applied either prospectively to all deferred tax liabilities and assets or retrospectively to all periods presented. The Company early adopted ASU 2015-17 prospectively in its interim reporting for March 31, 2016. The impact of the change on the consolidated balance sheet was approximately $70 million reclassified from current deferred tax assets to non-current deferred tax assets and approximately $20 million reclassified from current deferred tax liabilities to non-current deferred tax liabilities. In July 2015, the FASB issued ASU 2015-11, Inventory (Topic 330), which requires an entity to measure inventory at the lower of cost and net realizable value. Net realizable value is the estimated selling prices in the ordinary course of business, less reasonably predictable costs of completion, disposal, and transportation. Subsequent measurement is unchanged for inventory measured using LIFO or the retail inventory method. For public business entities, ASU 2015-11 is effective for interim and annual periods beginning after December 15, 2016 and should be applied prospectively. The adoption of ASU 2015-11 is not expected to have a material impact for any periods presented. In April 2015, the FASB issued ASU 2015-03, Interest – Imputation of Interest (Subtopic 835-30), Simplifying the Presentation of Debt Issuance Costs, which requires debt issuance costs related to a recognized debt liability to be presented in the balance sheet as a direct deduction from the carrying amount of that debt liability, consistent with debt discounts. The recognition and measurement guidance for debt issuance costs are not affected by the amendments in ASU 2015-03. For public business entities, the amendments in ASU 2015-03 were effective for interim and annual periods beginning after December 15, 2015, and is to be applied retrospectively. The Company adopted ASU 2015-03 in its interim reporting for March 31, 2016. The effect of the change on the consolidated balance sheet as of March 31, 2016 was $1.7 million reclassified from debt issuance cost asset to the debt liability. Prior period information was not retrospectively adjusted as the effects of the adoption of ASU 2015-03 were not material to those periods. In May 2014, the FASB issued ASU 2014-09, Revenue from Contracts with Customers (Topic 606), which outlines a single, comprehensive model for entities to use in accounting for revenue arising from contracts with customers and supersedes most current revenue recognition guidance issued by the FASB, including industry specific guidance. In 2016 the FASB issued accounting standard updates to address implementation issues and to clarify guidance on identifying performance obligations, licenses and determining if a company is a principal or an agent. The core principle of the guidance is that an entity should recognize revenue when it transfers promised goods or services to customers in an amount that reflects the consideration to which the Company expects to be receive in exchange for those goods or services. In addition, ASU 2014-09 requires certain additional disclosure around the nature, amount, timing, and uncertainty of revenue and cash flows arising from contracts with customers. The Company intends to adopt ASU 2014-09 in the annual period beginning January 1, 2018. The standard permits the use of either the retrospective or modified retrospective (cumulative effect) transition method. The Company intends to apply the modified retrospective transition method. The Company is currently evaluating the impact of this standard on its operations, consolidated financial statements and footnote disclosures. The Company’s implementation process has included the identification of a dedicated lead project manager as well as a cross-functional project steering committee responsible for assessing the impact that the new standard will have on the Company’s accounting, financial statement presentation and disclosure for contracts with customers. The implementation team is finalizing its assessment phase of the project. This phase of the project has included the identification of the key revenue streams and the comparison of historical accounting policies and practices to the requirements of the new standard by revenue stream. The assessment has resulted in the identification of potential accounting differences that may arise from the application of the new standard. The implementation team has also made substantial progress in the contract review phase of the project which includes identifying the population of contracts for a deeper analysis of the potential accounting impacts due to the new standard for individual contracts. The implementation team has also begun the process of identifying changes to business processes, systems and controls to support recognition, presentation and disclosure under the new standard. The Company anticipates that the adoption of ASU 2014-09 will primarily impact the timing of revenue recognition for certain production parts contracts and will result in some changes to revenue related disclosures and financial statement presentation. For certain contracts, the production parts are highly customized products with no alternative use and the Company has an enforceable right to payment (with a reasonable margin) for performance completed to date. As a result, for these contracts, the Company will recognize revenue over time as the parts are being produced against firm orders received from the customer. Consistent with current treatment, shipping and handling costs associated with outbound shipments, after control of the product has transferred to a customer, will be accounted for as a fulfillment cost and included in cost of sales. In addition, certain payments made to customers in connection with future contracts may be deferred and amortized over future periods. The Company is continuing to assess the impact the new standard.
Reclassifications	RECLASSIFICATIONS Certain prior-year amounts have been reclassified to conform to current year presentation.
Financial Instruments	All derivatives are recognized in the consolidated financial statements at fair value. Certain derivatives are from time to time designated either as fair value hedges or cash flow hedges in line with the hedge accounting criteria. For certain other derivatives hedge accounting is not applied either because non-hedge accounting treatment creates the same accounting result or the hedge does not meet the hedge accounting requirements, although entered into applying the same rationale concerning mitigating market risk that occurs from changes in interest and foreign exchange rates. When a hedge is classified as a fair value hedge, the change in the fair value of the hedge is recognized in the Consolidated Statements of Net Income along with the off-setting change in the fair value of the hedged item. When a hedge is classified as a cash flow hedge, any change in the fair value of the hedge is initially recorded in equity as a component of OCI and reclassified into the Consolidated Statements of Net Income when the hedge transaction affects net earnings. The Company uses the forward rate with respect to the measurement of changes in fair value of cash flow hedges when revaluing foreign exchange forward contracts. There were no material reclassifications from OCI to the Consolidated Statements of Net Income during 2016 and 2015. Any ineffectiveness in 2016 and 2015 was not material. The degree of judgment utilized in measuring the fair value of the instruments generally correlates to the level of pricing observability. Pricing observability is impacted by a number of factors, including the type of asset or liability, whether the asset or liability has an established market and the characteristics specific to the transaction. Instruments with readily active quoted prices or for which fair value can be measured from actively quoted prices generally will have a higher degree of pricing observability and a lesser degree of judgment utilized in measuring fair value. Conversely, assets rarely traded or not quoted will generally have less, or no, pricing observability and a higher degree of judgment utilized in measuring fair value. Under existing GAAP, there is a disclosure framework hierarchy associated with the level of pricing observability utilized in measuring assets and liabilities at fair value. The three broad levels defined by the hierarchy are as follows: Level 1 Level 2 Level 3 The Company’s derivatives are classified as Level 2 of the fair value hierarchy and there were no transfers between the levels during this or comparable periods.

Supplemental Cash Flow Inform31

Supplemental Cash Flow Information (Tables)	12 Months Ended
	Dec. 31, 2016
Schedule of Payments for Interest and Income Taxes	Payments for interest and income taxes were as follows: 2016 2015 2014 Interest $ 64 $ 66 $ 57 Income taxes $ 247 $ 214 $ 206
Autoliv Nissin Brake Systems
Schedule of Acquisitions and Divestitures of Businesses, Net of Cash Acquired	The following table summarizes the preliminary fair values, including measurement period adjustments, of identifiable assets acquired and liabilities assumed as of March 31, 2016 (in millions): Fair value Assets: Cash and cash equivalents $ 37.7 Receivables 1.5 Inventories 33.0 Other current assets 8.0 Property, plant and equipment 138.4 Other non-current assets 0.3 Intangibles 129.0 Goodwill 217.8 Total assets $ 565.7 Fair value Liabilities: Account payable $ 6.0 Other current liabilities 23.1 Pension liabilities 9.1 Other non-current liabilities 12.7 Total liabilities $ 50.9 Net assets acquired $ 514.8 Less: Non-controlling interest (252.3 ) Controlling interest $ 262.5
M/A-COM Automotive Solutions Business
Schedule of Acquisitions and Divestitures of Businesses, Net of Cash Acquired	The following table summarizes the recognized fair values of identifiable assets acquired and liabilities assumed as of August 17, 2015 (in millions): Amounts recognized as of acquisition date Fair value Assets: Receivables $ 11.5 Inventories 6.0 Other current assets 0.1 Property, plant and equipment 0.1 Intangibles 44.2 Goodwill 84.5 Total assets $ 146.4 Liabilities: Accounts payable $ 7.6 Accrued expenses 0.3 Total liabilities $ 7.9 Net assets acquired $ 138.5
Business Combinations
Schedule of Acquisitions and Divestitures of Businesses, Net of Cash Acquired	The Company’s acquisitions and divestitures of businesses and interests in affiliates, net of cash acquired were as follows: 2016 2015 2014 Business combinations and other acquisitions: Fair value of assets acquired, excluding cash $ (529.5 ) $ (146.4 ) — Liabilities assumed 50.9 7.9 — Fair value of earn-out and deferred purchase consideration — 39.6 — Less: Non-controlling interest 252.3 — — Total business combinations $ (226.3 ) $ (98.9 ) — Acquisition of additional interests in subsidiaries — (4.2 ) — Acquisition of businesses and interests in affiliates, net of cash acquired $ (226.3 ) $ (103.1 ) $ — 2016 2015 2014 Divestitures of business, net of cash disposed $ — $ — $ 2.4

Business Combinations (Tables)

Business Combinations (Tables)	12 Months Ended
	Dec. 31, 2016
M/A-COM Automotive Solutions Business
Fair Value of the Consideration Transferred	The acquisition date fair value of the total consideration transferred is presented in the table below (in millions): Acquisition consideration August 17, 2015 Cash $ 98.9 Earn-out 25.0 Deferred purchase consideration 14.6 Total consideration transferred $ 138.5

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	12 Months Ended
	Dec. 31, 2016
Fair Value Disclosures [Abstract]
Financial Assets and Liabilities Measured at Fair Value on Recurring Basis	DECEMBER 31, 2016 DECEMBER 31, 2015 Fair Value Measurements Fair Value Measurements DERIVATIVES DESIGNATED AS HEDGING INSTRUMENTS 1 ) Nominal Derivative asset (Other current/ Derivative liability (Other current / Nominal Derivative asset (Other current Derivative liability (Other current / Foreign exchange forward contracts, less than 1 year (cash flow hedge) $ 74.0 $ 7.6 $ 0.3 $ 58.0 $ 0.2 $ 0.2 Foreign exchange forward contracts, less than 2 years (cash flow hedge) 10.8 0.0 0.2 11.3 0.0 0.1 TOTAL $ 84.8 $ 7.6 $ 0.5 $ 69.3 $ 0.2 $ 0.3 DERIVATIVES NOT DESIGNATED AS HEDGING INSTRUMENTS Foreign exchange swaps, less than 6 months $ 251.8 2) $ 1.1 3) $ 0.1 4) $ 482.4 5) $ 2.5 6) $ 5.1 7) TOTAL $ 251.8 $ 1.1 $ 0.1 $ 482.4 $ 2.5 $ 5.1 1) There is no netting since there are no offsetting contracts. 2) Net nominal amount after deducting for offsetting swaps under ISDA agreements is $226.5 million. 3) Net amount after deducting for offsetting swaps under ISDA agreements is $1.1 million. 4) Net amount after deducting for offsetting swaps under ISDA agreements is $0.0 million. 5) Net nominal amount after deducting for offsetting swaps under ISDA agreements is $435.8 million. 6) Net amount after deducting for offsetting swaps under ISDA agreements is $2.4 million. 7) Net amount after deducting for offsetting swaps under ISDA agreements is $4.9 million.
Fair Value of Debt	DECEMBER 31, 2016 1) DECEMBER 31, 2016 FAIR VALUE DECEMBER 31, 2015 CARRYING VALUE 1) DECEMBER 31, 2015 FAIR VALUE LONG-TERM DEBT U.S. Private placement $ 1,312.4 $ 1,360.0 $ 1,421.5 $ 1,472.6 Medium-term notes 0.0 0.0 77.8 79.6 Other long-term debt 11.2 11.2 0.1 0.1 TOTAL $ 1,323.6 $ 1,371.2 $ 1,499.4 $ 1,552.3 SHORT-TERM DEBT Overdrafts and other short-term debt $ 39.7 $ 39.7 $ 39.4 $ 39.4 Short-term portion of long-term debt 180.1 185.6 0.2 0.2 TOTAL $ 219.8 $ 225.3 $ 39.6 $ 39.6 1) Debt as reported in balance sheet.

Income Taxes (Tables)

Income Taxes (Tables)	12 Months Ended
	Dec. 31, 2016
Income Tax Disclosure [Abstract]
Schedule of Effective Income Tax Rate	INCOME BEFORE INCOME TAXES 2016 2015 2014 U.S. $ 132.4 $ 143.8 $ 59.5 Non-U.S. 671.4 531.9 607.5 Total $ 803.8 $ 675.7 $ 667.0
Schedule of Provision for Income Taxes	PROVISION FOR INCOME TAXES 2016 2015 2014 Current U.S. federal $ 53.9 $ 68.9 $ 32.2 Non-U.S. 209.1 169.2 166.2 U.S. state and local 3.5 4.2 0.4 Deferred U.S. federal (8.3 ) (9.3 ) (3.2 ) Non-U.S. (15.6 ) (13.7 ) 2.9 U.S. state and local (0.4 ) (1.1 ) (0.5 ) Total income tax expense $ 242.2 $ 218.2 $ 198.0
Schedule of Effective Income Tax Rate	EFFECTIVE INCOME TAX RATE 2016 2015 2014 U.S. federal income tax rate 35.0 % 35.0 % 35.0 % Foreign tax rate variances (7.7 ) (8.1 ) (8.5 ) Tax credits (3.7 ) (4.3 ) (4.9 ) Change in Valuation Allowances 1.3 0.1 0.6 Current year losses with no benefit 2.1 4.1 5.9 Net operating loss carry-forwards (2.3 ) (0.5 ) (0.0 ) Changes in tax reserves 0.5 1.4 (0.1 ) U.S. Expense Allocation 2.0 2.7 2.1 Earnings of equity investments (0.1 ) (0.2 ) (0.4 ) Withholding taxes 2.8 1.2 0.6 State taxes, net of federal benefit 0.2 0.3 0.0 Other, net (0.0 ) 0.6 (0.6 ) Effective income tax rate 30.1 % 32.3 % 29.7 %
Schedule of Unrecognized Tax Benefits	The following table summarizes the activity related to the Company’s unrecognized tax benefits: UNRECOGNIZED TAX BENEFITS 2016 2015 2014 Unrecognized tax benefits at beginning of year $ 25.2 $ 21.5 $ 22.7 Increases as a result of tax positions taken during a prior period 4.5 2.5 0.6 Decreases as a result of tax positions taken during a prior period (0.2 ) (0.1 ) (0.0 ) Increases as a result of tax positions taken during the current period 5.8 5.7 3.1 Decreases as a result of tax positions taken during the current period (1.7 ) 0.0 0.0 Decreases relating to settlements with taxing authorities (1.3 ) (0.7 ) (2.4 ) Decreases resulting from the lapse of the applicable statute of limitations (3.5 ) (2.0 ) (1.2 ) Translation Difference (1.6 ) (1.7 ) (1.3 ) Total unrecognized tax benefits at end of year $ 27.2 $ 25.2 $ 21.5
Schedule of Deferred Taxes	The tax effect of temporary differences and carryforwards that comprise significant portions of deferred tax assets and liabilities were as follows. DEFERRED TAXES DECEMBER 31 2016 2015 2014 Assets Provisions $ 110.8 $ 90.6 $ 90.6 Costs capitalized for tax 19.1 21.3 12.0 Property, plant and equipment 14.8 15.5 18.9 Retirement Plans 66.8 60.8 73.6 Tax receivables, principally NOL’s 221.1 192.8 166.2 Deferred tax assets before allowances $ 433.6 $ 381.0 $ 361.3 Valuation allowances (210.0 ) (177.7 ) (150.1 ) Total $ 223.6 $ 203.3 $ 211.2 Liabilities Acquired intangibles $ (12.2 ) $ (18.4 ) $ (22.0 ) Statutory tax allowances (0.0 ) (0.6 ) (0.7 ) Insurance deposit (0.0 ) (3.3 ) (5.0 ) Distribution taxes (29.4 ) (29.8 ) (34.0 ) Other (4.9 ) (2.9 ) (2.6 ) Total $ (46.5 ) $ (55.0 ) $ (64.3 ) Net deferred tax asset $ 177.1 $ 148.3 $ 146.9
Schedule of Valuation Allowances Against Deferred Tax Assets	The following table summarizes the activity related to the Company’s valuation allowances: VALUATION ALLOWANCES AGAINST DEFERRED TAX ASSETS DECEMBER 31 2016 2015 2014 Allowances at beginning of year $ 177.7 $ 150.1 $ 115.5 Benefits reserved current year 43.5 53.7 55.2 Benefits recognized current year (13.8 ) (5.2 ) (0.7 ) Write-offs and other changes (0.5 ) (0.2 ) (3.0 ) Translation difference 3.1 (20.7 ) (16.9 ) Allowances at end of year $ 210.0 $ 177.7 $ 150.1

Receivables (Tables)

Receivables (Tables)	12 Months Ended
	Dec. 31, 2016
Receivables [Abstract]
Schedule of Receivables	DECEMBER 31 2016 2015 2014 Receivables $ 1,967.9 $ 1,793.7 $ 1,713.2 Allowance at beginning of year $ (6.1 ) $ (6.9 ) $ (4.6 ) Reversal of allowance 0.9 1.3 0.9 Addition to allowance (3.7 ) (1.9 ) (4.1 ) Write-off against allowance 0.5 0.8 0.6 Translation difference 0.6 0.6 0.3 Allowance at end of year $ (7.8 ) $ (6.1 ) $ (6.9 ) Total receivables, net of allowance $ 1,960.1 $ 1,787.6 $ 1,706.3

Inventories (Tables)

Inventories (Tables)	12 Months Ended
	Dec. 31, 2016
Inventory Disclosure [Abstract]
Components of Inventories	DECEMBER 31 2016 2015 2014 Raw material $ 378.2 $ 339.9 $ 312.2 Work in progress 256.7 243.4 240.6 Finished products 240.0 217.9 206.0 Inventories $ 874.9 $ 801.2 $ 758.8 Inventory reserve at beginning of year $ (89.8 ) $ (83.3 ) $ (87.8 ) Reversal of reserve 3.9 4.3 5.1 Addition to reserve (26.5 ) (22.2 ) (10.9 ) Write-off against reserve 8.1 5.0 4.0 Translation difference 2.8 6.4 6.3 Inventory reserve at end of year $ (101.5 ) $ (89.8 ) $ (83.3 ) Total inventories, net of reserve $ 773.4 $ 711.4 $ 675.5

Investments and Other Non-cur37

Investments and Other Non-current Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Investments, All Other Investments [Abstract]
Schedule of Investments and Other Non-Current Assets	DECEMBER 31 2016 2015 Equity method investments $ 18.5 $ 22.9 Deferred tax assets 234.1 141.0 Income tax receivables 44.7 50.9 Other non-current assets 54.9 41.0 Investments and other non-current assets $ 352.2 $ 255.8

Property, Plant and Equipment (

Property, Plant and Equipment (Tables)	12 Months Ended
	Dec. 31, 2016
Property, Plant and Equipment [Abstract]
Property, Plant and Equipment	DECEMBER 31 2016 2015 Estimated life Land and land improvements $ 122.4 $ 106.6 n/a to 15 Machinery and equipment 3,385.4 3,179.7 3-8 Buildings 792.4 765.9 20-40 Construction in progress 341.0 284.6 n/a Property, plant and equipment $ 4,641.2 $ 4,336.8 Less accumulated depreciation (2,983.1 ) (2,899.7 ) Net of depreciation $ 1,658.1 $ 1,437.1
Depreciation Expense	DEPRECIATION INCLUDED IN 2016 2015 2014 Cost of sales $ 299.6 $ 268.8 $ 258.7 Selling, general and administrative expenses 9.5 7.3 8.0 Research, development and engineering expenses, net 30.2 23.3 22.7 Total $ 339.3 $ 299.4 $ 289.4

Goodwill and Intangible Assets

Goodwill and Intangible Assets (Tables)	12 Months Ended
	Dec. 31, 2016
Goodwill and Intangible Assets Disclosure [Abstract]
Summary of Goodwill	GOODWILL Total Passive Electronics Carrying amount at January 1, 2015 $ 1,594.0 $ 1,400.5 $ 193.5 Acquisition 84.5 — 84.5 Translation differences (12.2 ) (12.2 ) — Carrying amount at December 31, 2015 $ 1,666.3 $ 1,388.3 $ 278.0 Acquisition 217.8 — 217.8 Translation differences (13.4 ) (7.7 ) (5.7 ) Carrying amount at December 31, 2016 $ 1,870.7 $ 1,380.6 $ 490.1
Schedule of Amortizable Intangibles	AMORTIZABLE INTANGIBLES 2016 2015 Gross carrying amount $ 618.2 $ 484.9 Accumulated amortization (405.7 ) (356.9 ) Carrying value $ 212.5 $ 128.0

Restructuring and Other Liabi40

Restructuring and Other Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Restructuring and Related Activities [Abstract]
Schedule of Change in Balance Sheet Position of Restructuring Reserves	2016 In 2016, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe and Korea. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2015 to December 31, 2016. December 31 2015 Provision/ Charge Provision/ Reversal Cash payments Translation difference December 31 2016 Restructuring employee-related $ 87.7 $ 26.2 $ (2.8 ) $ (73.0 ) $ (1.0 ) $ 37.1 Other 0.2 0.5 (0.0 ) (0.0 ) (0.3 ) 0.4 Total reserve $ 87.9 $ 26.7 $ (2.8 ) $ (73.0 ) $ (1.3 ) $ 37.5 2015 In 2015, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2014 to December 31, 2015. December 31 2014 Provision/ Charge Provision/ Reversal Cash payments Translation difference December 31 2015 Restructuring employee-related $ 79.6 $ 82.6 $ (2.9 ) $ (63.4 ) $ (8.2 ) $ 87.7 Other 0.2 0.2 (0.0 ) (0.2 ) 0.0 0.2 Total reserve $ 79.8 $ 82.8 $ (2.9 ) $ (63.6 ) $ (8.2 ) $ 87.9 2014 In 2014, the employee-related restructuring provisions, made on a case-by-case basis, and cash payments related mainly to headcount reductions in high-cost countries in Europe. The table below summarizes the change in the balance sheet position of the restructuring reserves from December 31, 2013 to December 31, 2014. December 31 2013 Provision/ Charge Provision/ Reversal Cash payments Translation difference December 31 2014 Restructuring employee-related $ 93.9 $ 42.6 $ (2.3 ) $ (44.2 ) $ (10.4 ) $ 79.6 Other 0.3 0.2 (0.0 ) (0.3 ) 0.0 0.2 Total reserve $ 94.2 $ 42.8 $ (2.3 ) $ (44.5 ) $ (10.4 ) $ 79.8

Product Related Liabilities (Ta

Product Related Liabilities (Tables)	12 Months Ended
	Dec. 31, 2016
Guarantees [Abstract]
Schedule of Change in Balance Sheet Position of Product Related Liabilities	The table below summarizes the change in the balance sheet position of the product related liabilities. DECEMBER 31 2016 2015 2014 Reserve at beginning of the year $ 60.8 $ 51.3 $ 36.4 Change in reserve 91.4 37.9 37.9 Cash payments (30.6 ) (26.5 ) (20.9 ) Translation difference (1.5 ) (1.9 ) (2.1 ) Reserve at end of the year $ 120.1 $ 60.8 $ 51.3

Debt and Credit Agreements (Tab

Debt and Credit Agreements (Tables)	12 Months Ended
	Dec. 31, 2016
Debt Disclosure [Abstract]
Debt Profile	DEBT PROFILE PRINCIPAL AMOUNT BY EXPECTED MATURITY 2017 2018 2019 2020 2021 Thereafter Total Total U.S. private placement notes (incl. DRD 1) $ 105.0 $ — $ 268.0 $ — $ 275.0 $ 767.0 $ 1,310.0 $ 1,415.0 Overdraft/Other short-term debt (incl. DRD 1) 39.9 — — — — — — 39.9 Medium-term notes 71.5 — — — — — — 71.5 Other long-term loans, incl. current portion 2.3 0.2 — — 11.1 — 11.3 13.6 Total debt as cash flow, (incl. DRD 1) $ 218.7 $ 0.2 $ 268.0 $ — $ 286.1 $ 767.0 $ 1,321.3 $ 1,540.0 DRD adjustment 1.1 — 2.3 — — — 2.3 3.4 Total debt as reported $ 219.8 $ 0.2 $ 270.3 $ — $ 286.1 $ 767.0 $ 1,323.6 $ 1,543.4 1) Debt Related Derivatives (DRD), i.e. fair value adjustments to the carrying value of the underlying debt associated with hedging and a discounted fair value hedge.

Shareholders' Equity (Tables)

Shareholders' Equity (Tables)	12 Months Ended
	Dec. 31, 2016
Equity [Abstract]
Schedule of Dividends Paid	DIVIDENDS 2016 2015 2014 Cash dividend paid per share $ 2.30 $ 2.22 $ 2.12 Cash dividend declared per share $ 2.32 $ 2.24 $ 2.14
Other Comprehensive Income (Loss)	OTHER COMPREHENSIVE INCOME (LOSS)/ ENDING BALANCE 1) 2016 2015 2014 Cumulative translation adjustments $ (493.5 ) $ (345.9 ) $ (155.1 ) Net gain of cash flow hedge derivatives 8.1 0.2 — Net pension liability (80.1 ) (63.0 ) (97.9 ) Purchase of subsidiary shares from non-controlling interest — 0.2 — Total (ending balance) $ (565.5 ) $ (408.5 ) $ (253.0 ) Deferred taxes on the pension liability $ 35.3 $ 29.8 $ 43.4 1) The components of Other Comprehensive Income (Loss) are net of any related income tax effects.
Share Repurchase Program	SHARES 2016 2015 2014 Shares repurchased (shares in millions) — 0.9 6.2 Cash paid for shares $ — $ 104.4 $ 616.0

Stock Incentive Plan (Tables)

Stock Incentive Plan (Tables)	12 Months Ended
	Dec. 31, 2016
Disclosure of Compensation Related Costs, Share-based Payments [Abstract]
Schedule of Valuation Assumptions for All Awards Issued	The table below includes the assumptions for all awards issued: 2016 2015 2014 SOs Risk-free interest rate — 1.1 % 1.1 % Dividend yield 1) — 2.3 % 2.3 % Expected life in years — 3.4 3.9 Expected volatility — 24.0 % 28.0 % PSs and RSUs Dividend yield 2.2 % — — 1) The dividend yield assumption is used for both SOs and the RSUs granted in 2015 and 2014.
Schedule of Number of Restricted Stock Units and Performance Shares	Information on the number of RSUs and PSs related to the Plan during the period of 2014 to 2016 is as follows. RSUs 2016 2015 2014 Weighted average fair value at grant date $ 100.77 $ 105.87 $ 88.54 Outstanding at beginning of year 204,552 198,285 204,277 Granted 71,870 74,908 64,223 Shares issued (66,651 ) (58,186 ) (56,184 ) Cancelled/Forfeited/Expired (21,277 ) (10,455 ) (14,031 ) Outstanding at end of year 188,494 204,552 198,285 PSs 2016 2015 2014 Weighted average fair value at grant date $ 98.57 N/A N/A Outstanding at beginning of year — N/A N/A Granted 143,740 N/A N/A Shares issued — N/A N/A Cancelled/Forfeited/Expired (5,192 ) N/A N/A Outstanding at end of year 138,548 N/A N/A
Schedule of Options Exercisable	Information on the number of SOs related to the Plan during the period of 2014 to 2016 is as follows. SOs Number Weighted Outstanding at Dec 31, 2013 831,701 $ 59.20 Granted 192,665 94.87 Exercised (471,732 ) 60.78 Cancelled/Forfeited/Expired (13,809 ) 66.23 Outstanding at Dec 31, 2014 538,825 $ 70.38 Granted 187,996 113.51 Exercised (244,182 ) 68.82 Cancelled/Forfeited/Expired (9,588 ) 92.70 Outstanding at Dec 31, 2015 473,051 $ 87.88 Granted — — Exercised (51,084 ) 88.10 Cancelled/Forfeited/Expired (10,858 ) 102.31 Outstanding at Dec 31, 2016 411,109 $ 87.47 OPTIONS EXERCISABLE At December 31, 2014 349,190 $ 57.08 At December 31, 2015 290,487 $ 71.76 At December 31, 2016 254,842 $ 71.48
Summary of Stock Options Outstanding and Exercisable	The following summarizes information about stock options outstanding and exercisable at December 31, 2016: RANGE OF EXERCISE PRICES Number Remaining Weighted $16.31 - $19.96 19,253 2.14 $ 16.31 $44.70 - $49.60 23,275 3.14 $ 44.70 $51.67 - $59.01 16,225 0.76 $ 54.37 $67.00 - $69.18 79,992 5.79 $ 68.41 $72.95 - $94.87 116,097 6.55 $ 90.50 $113.36 - $126.46 156,267 8.13 $ 113.54 411,109 6.37 $ 87.47 RANGE OF EXERCISE PRICES Number Remaining Weighted $16.31 - $19.96 19,253 2.14 $ 16.31 $44.70 - $49.60 23,275 3.14 $ 44.70 $51.67 - $59.01 16,225 0.76 $ 54.37 $67.00 - $69.18 79,992 5.79 $ 68.41 $72.95 - $94.87 116,097 6.55 $ 90.50 $113.36 - $126.46 — — — 254,842 5.30 $ 71.48

Retirement Plans (Tables)

Retirement Plans (Tables)	12 Months Ended
	Dec. 31, 2016
Schedule of Assumptions Used	ASSUMPTIONS USED TO DETERMINE THE NET PERIODIC BENEFIT COST FOR YEARS ENDED DECEMBER 31 U.S. % WEIGHTED AVERAGE 2016 2015 2014 Discount rate 4.50 4.00 5.00 Rate of increases in compensation level 2.65 3.50 3.50 Expected long-term rate of return on assets 7.08 7.08 7.08
Pension Plans, Defined Benefit
Schedule of Changes in Benefit Obligations and Plan Assets	CHANGES IN BENEFIT OBLIGATIONS AND PLAN ASSETS FOR THE PERIODS ENDED DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Benefit obligation at beginning of year $ 324.6 $ 357.0 $ 215.8 $ 237.3 Service cost 8.3 9.9 14.9 14.4 Interest cost 14.6 14.4 7.0 7.0 Actuarial (gain) loss due to: Change in discount rate 25.9 (47.6 ) 21.4 (9.7 ) Experience 5.9 9.6 (2.0 ) (7.7 ) Other assumption changes (6.5 ) (1.0 ) 0.5 (2.2 ) Plan participants’ contributions — — 0.1 0.2 Plan amendments — 0.3 2.1 0.2 Benefits paid (11.6 ) (18.0 ) (8.7 ) (8.4 ) Curtailments — — (6.9 ) (0.8 ) Special termination benefits — — 0.1 0.1 Acquisition — — 35.3 — Other — — (0.3 ) (0.2 ) Translation difference — — (18.7 ) (14.4 ) Benefit obligation at end of year $ 361.2 $ 324.6 $ 260.6 $ 215.8 Fair value of plan assets at beginning of year $ 240.0 $ 253.8 $ 103.4 $ 108.0 Actual return on plan assets 21.3 (2.5 ) 12.1 (1.4 ) Company contributions 6.8 6.7 9.8 9.6 Plan participants’ contributions — — 0.1 0.1 Benefits paid (11.6 ) (18.0 ) (8.7 ) (8.4 ) Settlements — — (0.6 ) — Acquisition — — 25.9 — Other — — (0.3 ) (0.2 ) Translation difference — — (13.9 ) (4.3 ) Fair value of plan assets at year end $ 256.5 $ 240.0 $ 127.8 $ 103.4 Funded status recognized in the balance sheet $ (104.7 ) $ (84.6 ) $ (132.8 ) $ (112.4 )
Schedule of Components of Net Periodic Benefit Cost	COMPONENTS OF NET PERIODIC BENEFIT COST ASSOCIATED WITH THE DEFINED BENEFIT RETIREMENT PLANS U.S. 2016 2015 2014 Service cost $ 8.3 $ 9.9 $ 7.3 Interest cost 14.6 14.4 13.0 Expected return on plan assets (16.6 ) (17.5 ) (15.4 ) Amortization of prior service credit (0.9 ) (1.0 ) (1.0 ) Amortization of actuarial loss 4.8 7.7 1.9 Net periodic benefit cost $ 10.2 $ 13.5 $ 5.8 COMPONENTS OF NET PERIODIC BENEFIT COST ASSOCIATED WITH THE DEFINED BENEFIT RETIREMENT PLANS (CONTINUED) Non-U.S. 2016 2015 2014 Service cost $ 14.9 $ 14.4 $ 13.5 Interest cost 7.0 7.0 8.2 Expected return on plan assets (3.9 ) (3.8 ) (4.5 ) Amortization of prior service costs 0.4 0.3 0.3 Amortization of actuarial loss 1.5 3.1 1.1 Settlement loss (gain) (2.5 ) 0.0 0.1 Curtailment loss (gain) 0.1 0.0 0.1 Special termination benefits 0.1 0.1 — Net periodic benefit cost $ 17.6 $ 21.1 $ 18.8
Schedule of Components of Accumulated Other Comprehensive Income Before Tax	COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME BEFORE TAX AS OF DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Net actuarial loss (gain) $ 95.6 $ 79.9 $ 35.7 $ 31.9 Prior service cost (credit) 0.3 (0.6 ) 3.8 2.3 Total accumulated other comprehensive income recognized in the balance sheet $ 95.9 $ 79.3 $ 39.5 $ 34.2
Schedule of Changes in Accumulated Other Comprehensive Income Before Tax	CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME BEFORE TAX FOR THE PERIODS ENDED DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Total retirement benefit recognized in accumulated other comprehensive income at beginning of year $ 79.3 $ 104.7 $ 34.2 $ 56.4 Net actuarial loss (gain) 20.5 (19.0 ) 7.8 (14.9 ) Prior service cost — 0.3 2.1 0.2 Amortization of prior service credit (cost) 0.9 1.0 (0.6 ) (0.3 ) Amortization of actuarial loss (4.8 ) (7.7 ) (1.9 ) (3.1 ) Translation difference — — (2.1 ) (4.1 ) Total retirement benefit recognized in accumulated other comprehensive income at end of year $ 95.9 $ 79.3 $ 39.5 $ 34.2
Schedule of Accumulated Benefit Obligations Exceeding Fair Value of Plan Assets	PENSION PLANS FOR WHICH ABO EXCEEDS THE FAIR VALUE OF PLAN ASSETS AS OF DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Projected Benefit Obligation (PBO) $ 361.2 $ 324.6 $ 185.7 $ 118.0 Accumulated Benefit Obligation (ABO) $ 292.4 $ 261.8 $ 152.5 $ 89.5 Fair value of plan assets $ 256.5 $ 240.0 $ 54.9 $ 4.3
Schedule of Assumptions Used	ASSUMPTIONS USED TO DETERMINE THE BENEFIT OBLIGATIONS AS OF DECEMBER 31 U.S. Non-U.S. 1) % WEIGHTED AVERAGE 2016 2015 2016 2015 Discount rate 4.15 4.50 0.50-3.90 0.50-4.10 Rate of increases in compensation level 2.65 2.65 2.00-5.00 2.25-5.00
Schedule of Fair Value of Total Plan Assets	FAIR VALUE OF TOTAL PLAN ASSETS FOR YEARS ENDED DECEMBER 31 U.S. U.S. Non-U.S. ASSETS CATEGORY IN % WEIGHTED AVERAGE Target 2016 2015 2016 2015 Equity securities 55 56 56 14 15 Debt instruments 45 43 43 52 65 Other assets — 1 1 34 20 Total 100 100 100 100 100
Schedule of Fair Value of Company's Plan Assets	The following table summarizes the fair value of the Company’s plan assets: Fair value Fair value measurement at Assets U.S. Equity Large Cap $ 95.1 $ 88.1 Mid Cap 10.6 10.1 Small Cap 11.9 10.3 Non-U.S. Equity 44.8 41.0 U.S. Bonds Aggregate 109.1 103.7 Non-U.S. Bonds Corporate 60.4 60.9 Aggregate 5.9 5.9 Insurance Contracts 36.7 13.9 Other Investments 9.8 9.5 Total $ 384.3 $ 343.4
Schedule of Expected Benefits Payments	PENSION BENEFITS EXPECTED PAYMENTS U.S. Non-U.S. 2017 $ 14.2 $ 7.3 2018 $ 15.6 $ 8.2 2019 $ 17.4 $ 9.1 2020 $ 18.5 $ 9.2 2021 $ 21.4 $ 10.3 Years 2022-2026 $ 139.7 $ 59.6
Postretirement Benefits Other Than Pensions
Schedule of Changes in Benefit Obligations and Plan Assets	CHANGES IN BENEFIT OBLIGATIONS AND PLAN ASSETS FOR POSTRETIREMENT BENEFIT PLANS OTHER THAN PENSIONS AS OF DECEMBER 31 2016 2015 2014 Benefit obligation at beginning of year $ 19.3 $ 21.0 $ 34.3 Service cost 0.4 0.5 1.3 Interest cost 0.8 0.8 1.6 Actuarial (gain) loss due to: Change in discount rate 0.7 (1.2 ) 2.4 Experience (0.1 ) (0.9 ) (1.1 ) Other assumption changes (2.9 ) (0.9 ) 0.4 Plan amendments 0.2 (0.0 ) (17.2 ) Benefits paid (0.3 ) (0.2 ) (0.8 ) Other 0.4 0.2 0.1 Benefit obligation at end of year $ 18.5 $ 19.3 $ 21.0 Fair value of plan assets at beginning of year $ — $ — $ — Company contributions 0.3 0.2 0.8 Benefits paid (0.3 ) (0.2 ) (0.8 ) Fair value of plan assets at end of year $ — $ — $ — Accrued postretirement benefit cost recognized in the balance sheet $ (18.5 ) $ (19.3 ) $ (21.0 )
Schedule of Components of Net Periodic Benefit Cost	COMPONENTS OF NET PERIODIC BENEFIT COST ASSOCIATED WITH THE POST RETIREMENT BENEFIT PLANS OTHER THAN PENSIONS PERIOD ENDED DECEMBER 31 2016 2015 2014 Service cost $ 0.4 $ 0.5 $ 1.3 Interest cost 0.8 0.8 1.6 Amortization of prior service cost (2.1 ) (2.2 ) (0.1 ) Amortization of actuarial loss (0.1 ) (0.1 ) (0.1 ) Net periodic benefit (credit) cost $ (1.0 ) $ (1.0 ) $ 2.7
Schedule of Components of Accumulated Other Comprehensive Income Before Tax	COMPONENTS OF ACCUMULATED OTHER COMPREHENSIVE INCOME BEFORE TAX ASSOCIATED WITH POSTRETIREMENT BENEFIT PLANS OTHER THAN PENSIONS AS OF DECEMBER 31 U.S. Non-U.S. 2016 2015 2016 2015 Net actuarial loss (gain) $ (4.8 ) $ (3.0 ) $ (1.5 ) $ (2.5 ) Prior service cost (credit) (12.8) (15.2) 0.2 (0.0) Total accumulated other comprehensive income recognized in the balance sheet $ (17.6 ) $ (18.2 ) $ (1.3 ) $ (2.5 )
Schedule of Expected Benefits Payments	The estimated future benefit payments for the postretirement benefits reflect expected future service as appropriate. POSTRETIREMENT BENEFITS EXPECTED 2017 $ 0.5 2018 $ 0.5 2019 $ 0.6 2020 $ 0.7 2021 $ 0.7 Years 2022–2026 $ 4.4
Non-U.S. Pension Plans
Schedule of Assumptions Used	ASSUMPTIONS USED TO DETERMINE THE NET PERIODIC BENEFIT COST FOR YEARS ENDED DECEMBER 31 Non-U.S. 1) % WEIGHTED AVERAGE 2016 2015 2014 Discount rate 0.50-4.10 0.50-4.00 1.00-5.00 Rate of increases in compensation level 2.25-5.00 2.25-5.00 2.25-5.00 Expected long-term rate of return on assets 3.30-6.15 2.60-6.15 2.60-6.15 1) The Non-U.S. weighted average plan ranges in the tables above have been prepared using significant plans only, which in total represent more than 90% of the total Non-U.S. projected benefit obligation.

Segment Information (Tables)

Segment Information (Tables)	12 Months Ended
	Dec. 31, 2016
Segment Reporting [Abstract]
Segment Information Net Sales Including Intersegment Sales	NET SALES, INCLUDING INTERSEGMENT SALES 2016 2015 2014 Passive Safety $ 7,918.8 $ 7,621.2 $ 7,800.1 Electronics 2,215.6 1,588.7 1,488.9 Total segment sales 10,134.4 9,209.9 9,289.0 Corporate and other 5.8 14.7 20.1 Intersegment sales (66.6 ) (55.0 ) (68.6 ) Total net sales $ 10,073.6 $ 9,169.6 $ 9,240.5
Segment Information Income Before Income Taxes	INCOME BEFORE INCOME TAXES 2016 2015 2014 Passive Safety $ 817.7 $ 669.2 $ 598.1 Electronics 61.5 64.5 76.0 Segment operating income 879.2 733.7 674.1 Corporate and other (31.5 ) (5.9 ) 48.5 Interest and other non-operating expenses, net (46.5 ) (56.8 ) (62.5 ) Income from equity method investments 2.6 4.7 6.9 Income before income taxes $ 803.8 $ 675.7 $ 667.0
Segment Information Capital Expenditures	CAPITAL EXPENDITURES 2016 2015 2014 Passive Safety $ 394.7 $ 405.6 $ 389.0 Electronics 100.9 53.2 64.1 Corporate and other 11.2 7.0 2.9 Total capital expenditures $ 506.8 $ 465.8 $ 456.0
Segment Information Depreciation and Amortization	DEPRECIATION AND AMORTIZATION 2016 2015 2014 Passive Safety $ 278.5 $ 264.5 $ 254.6 Electronics 96.1 49.3 45.2 Corporate and other 8.4 5.3 5.6 Total depreciation and amortization $ 383.0 $ 319.1 $ 305.4
Segment Information Segment Assets	SEGMENT ASSETS 2016 2015 Passive Safety $ 5,637.0 $ 5,539.3 Electronics 1,715.5 966.5 Segment assets $ 7,352.5 $ 6,505.8 Corporate and other 1) 881.9 1,019.7 Total assets $ 8,234.4 $ 7,525.5 1) Corporate and other assets mainly consist of cash and cash equivalents, income taxes and equity method investments.
Schedule of Net Sales Attributed to Geographic Areas	NET SALES BY REGION 2016 2015 2014 Asia $ 3,617.4 $ 3,077.4 $ 3,097.9 Whereof: China 1,766.2 1,523.7 1,521.6 Japan 949.7 668.0 687.7 Rest of Asia 901.5 885.7 888.6 Americas 3,380.4 3,264.8 3,099.4 Europe 3,075.8 2,827.4 3,043.2 Total $ 10,073.6 $ 9,169.6 $ 9,240.5
Schedule of Net Sales By Product	NET SALES BY PRODUCT 2016 2015 2014 Airbag products 1) $ 5,255.8 $ 5,036.2 $ 5,019.3 Seatbelt products 1) 2,665.2 2,599.1 2,800.1 Passive Safety Electronic products 1,031.0 923.2 932.0 Active Safety products 738.6 611.1 489.1 Brake Control Systems 383.0 — — Total net sales $ 10,073.6 $ 9,169.6 $ 9,240.5 1) Including Corporate and other sales.
Schedule of Long-Lived Assets	LONG-LIVED ASSETS 2016 2015 Asia $ 1,147 $ 739 Whereof: China 556 434 Japan 376 103 Rest of Asia 215 202 Americas 2,206 2,027 Europe 741 721 Total $ 4,094 $ 3,487

Earnings Per Share (Tables)

Earnings Per Share (Tables)	12 Months Ended
	Dec. 31, 2016
Earnings Per Share [Abstract]
Weighted Average Shares Used in Earnings Per Share Calculation	The weighted average shares used in calculating earnings per share were: 2016 2015 2014 Weighted average shares basic 88.2 88.2 92.1 Effect of dilutive securities: stock options/share awards 0.2 0.2 0.3 Weighted average shares diluted 88.4 88.4 92.4

Quarterly Financial Data (una48

Quarterly Financial Data (unaudited) (Tables)	12 Months Ended
	Dec. 31, 2016
Quarterly Financial Information Disclosure [Abstract]
Schedule of Unaudited Quarterly Financial Data	2016 Q1 Q2 Q3 Q4 Net sales $ 2,430.0 $ 2,578.5 $ 2,461.3 $ 2,603.8 Gross profit 501.0 526.5 495.3 534.2 Income before taxes 190.3 200.4 185.1 228.0 Net income 133.5 148.4 135.5 144.2 Net income attributable to controlling interest 133.2 148.4 137.8 147.7 Earnings per share – basic $ 1.51 $ 1.68 $ 1.56 $ 1.67 – diluted $ 1.51 $ 1.68 $ 1.56 $ 1.67 Dividends paid $ 0.56 $ 0.58 $ 0.58 $ 0.58 2015 Q1 Q2 Q3 Q4 Net sales $ 2,174.1 $ 2,291.5 $ 2,184.5 $ 2,519.5 Gross profit 423.3 460.0 440.1 520.7 Income before taxes 64.5 194.5 151.8 264.9 Net income 35.7 136.8 99.1 185.9 Net income attributable to controlling interest 35.7 136.7 98.9 185.5 Earnings per share – basic $ 0.40 $ 1.55 $ 1.12 $ 2.11 – diluted $ 0.40 $ 1.55 $ 1.12 $ 2.10 Dividends paid $ 0.54 $ 0.56 $ 0.56 $ 0.56

Summary of Significant Accoun49

Summary of Significant Accounting Policies - Additional Information (Detail) - USD ($)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2016
Significant Accounting Policies [Line Items]
Impairments of goodwill		$ 0	$ 0	$ 0
Net transaction gains (losses)		(3,000,000)	(11,000,000)	$ (3,800,000)
Debt liability	[1]	1,323,600,000	$ 1,499,400,000
ASU 2015-17, Balance Sheet Classification of Deferred Taxes | Restatement Adjustment
Significant Accounting Policies [Line Items]
Current deferred tax assets		(70,000,000)
Non-current deferred tax assets		70,000,000
Current deferred tax liabilities		(20,000,000)
Non-current deferred tax liabilities		$ 20,000,000
ASU 2015-03 - Simplifying the Presentation of Debt Issuance Costs | Restatement Adjustment
Significant Accounting Policies [Line Items]
Debt issuance cost asset					$ (1,700,000)
Debt liability					$ 1,700,000
Minimum
Significant Accounting Policies [Line Items]
Percentage of voting right		50.00%
Percentage of investments in affiliated companies		20.00%
Other intangible assets, useful lives		3 years
Maximum
Significant Accounting Policies [Line Items]
Percentage of investments in affiliated companies		50.00%
Other intangible assets, useful lives		25 years
[1]	Debt as reported in balance sheet.

Business Combinations - Additio

Business Combinations - Additional Information (Detail) - USD ($)	Mar. 31, 2016	Aug. 17, 2015	Dec. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Business Acquisition [Line Items]
Consideration transferred in cash				$ 226,300,000	$ 98,900,000
Goodwill			$ 1,666,300,000	1,870,700,000	1,666,300,000	$ 1,594,000,000
Nissin Kogyo
Business Acquisition [Line Items]
Percentage of ownership interest retained by non-controlling owners	49.00%
Autoliv Nissin Brake Systems
Business Acquisition [Line Items]
Percentage of ownership interest acquired by the company	51.00%
Consideration transferred in cash	$ 262,500,000
Inventory fair value step-up adjustments in balance sheet	900,000
Business combination, net sales				391,000,000
Inventory fair value step-up adjustments in cost of sales				900,000
Acquisition related costs				2,000,000	$ 3,500,000
Goodwill	217,800,000
Business combination, acquired account receivables net	$ 1,500,000
Autoliv Nissin Brake Systems | Controlling
Business Acquisition [Line Items]
Business combination, net loss since acquisition date				7,300,000
Autoliv Nissin Brake Systems | Noncontrolling Interest
Business Acquisition [Line Items]
Business combination, net loss since acquisition date				7,000,000
Autoliv Nissin Brake Systems | Customer Contract
Business Acquisition [Line Items]
Business combination, intangible assets				$ 64,900,000
Intangible assets remaining useful life				7 years
Intangible assets, amortization method				Straight-line
Autoliv Nissin Brake Systems | Technology
Business Acquisition [Line Items]
Business combination, intangible assets				$ 64,100,000
Intangible assets, amortization method				Straight-line
Intangible assets useful life				10 years
M/A-COM Automotive Solutions Business
Business Acquisition [Line Items]
Consideration transferred in cash		$ 98,900,000
Inventory fair value step-up adjustments in balance sheet		1,700,000
Business combination, net sales			30,100,000
Inventory fair value step-up adjustments in cost of sales			1,700,000
Business combination, net loss since acquisition date			$ 700,000
Goodwill		84,500,000
Estimated earn-out undiscounted outcome maximum		30,000,000
Deferred purchase consideration		$ 14,600,000
Deferred purchase price period		2 years
Business combination, acquired account receivables net		$ 11,500,000
Business combination, acquired account receivables gross		12,200,000
Business combination, acquired account receivables not expected to be collected		700,000
Earn-out		25,000,000
Estimated earn-out undiscounted outcome minimum		18,000,000
Goodwill expected to be fully deductible for tax purposes		$ 84,500,000
M/A-COM Automotive Solutions Business | Customer Contract
Business Acquisition [Line Items]
Business combination, intangible assets				$ 37,200,000
Intangible assets remaining useful life				4 years
Intangible assets, amortization method				Accelerated method
M/A-COM Automotive Solutions Business | Technology And Intellectual Property
Business Acquisition [Line Items]
Business combination, intangible assets				$ 7,000,000
Intangible assets, amortization method				Straight-line
Intangible assets useful life				7 years 6 months

Summary of Preliminary Fair Val

Summary of Preliminary Fair Values, Including Measurement Period Adjustments, of Identifiable Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Mar. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Assets:
Goodwill	$ 1,870.7		$ 1,666.3	$ 1,594
Liabilities:
Less: Non-controlling interest	$ (252.3)
Autoliv Nissin Brake Systems
Assets:
Cash and cash equivalents		$ 37.7
Receivables		1.5
Inventories		33
Other current assets		8
Property, plant and equipment		138.4
Other non-current assets		0.3
Intangibles		129
Goodwill		217.8
Total assets		565.7
Liabilities:
Account payable		6
Other current liabilities		23.1
Pension liabilities		9.1
Other non-current liabilities		12.7
Total liabilities		50.9
Net assets acquired		514.8
Less: Non-controlling interest		(252.3)
Controlling interest		$ 262.5

Fair Value of Consideration Tra

Fair Value of Consideration Transferred (Detail) - USD ($) $ in Millions	Aug. 17, 2015	Dec. 31, 2016	Dec. 31, 2015
Business Acquisition [Line Items]
Cash consideration		$ 226.3	$ 98.9
M/A-COM Automotive Solutions Business
Business Acquisition [Line Items]
Cash consideration	$ 98.9
Earn-out	25
Deferred purchase consideration	14.6
Total consideration transferred	$ 138.5

Summary of Recognized Fair Valu

Summary of Recognized Fair Values of Identifiable Assets Acquired and Liabilities Assumed (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Aug. 17, 2015	Dec. 31, 2014
Assets:
Goodwill	$ 1,870.7	$ 1,666.3		$ 1,594
M/A-COM Automotive Solutions Business
Assets:
Receivables			$ 11.5
Inventories			6
Other current assets			0.1
Property, plant and equipment			0.1
Intangibles			44.2
Goodwill			84.5
Total assets			146.4
Liabilities:
Accounts payable			7.6
Accrued expenses			0.3
Total liabilities			7.9
Net assets acquired			$ 138.5

Fair Value Measurements - Addit

Fair Value Measurements - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other non-operating items, net	$ 11.4	$ 5.6	$ (3.9)
Derivatives Designated as Hedging Instruments
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gains and losses reclassified from OCI and recognized in Consolidated Statements of Net Income, net	1.2	0.4
Derivatives Designated as Hedging Instruments | Foreign Exchange Forward | Cash Flow Hedging
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Gain (loss) recognized in consolidated statements of net income	9.1	0.6
Not Designated as Hedging Instrument
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Other non-operating items, net	$ 1.3	$ (3.3)
Not Designated as Hedging Instrument | Foreign Exchange Option
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative , Maturity Date	Mar. 31, 2016

Financial Assets and Liabilitie

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Detail) - Fair Value, Measurements, Recurring - USD ($) $ in Millions		Dec. 31, 2016		Dec. 31, 2015
Derivatives Designated as Hedging Instruments
Derivatives, Fair Value [Line Items]
Nominal volume		$ 84.8		$ 69.3
Derivative asset		7.6		0.2
Derivative liability		0.5		0.3
Not Designated as Hedging Instrument
Derivatives, Fair Value [Line Items]
Nominal volume		251.8		482.4
Derivative asset		1.1		2.5
Derivative liability		0.1		5.1
Less Than One Year | Derivatives Designated as Hedging Instruments | Foreign Exchange Forward | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Nominal volume	[1]	74		58
Derivative asset	[1]	7.6		0.2
Derivative liability	[1]	0.3		0.2
Less Than Two Years | Derivatives Designated as Hedging Instruments | Foreign Exchange Forward | Cash Flow Hedging
Derivatives, Fair Value [Line Items]
Nominal volume	[1]	10.8		11.3
Derivative asset	[1]	0		0
Derivative liability	[1]	0.2		0.1
Less Than Six Months | Not Designated as Hedging Instrument | Foreign Exchange Swaps
Derivatives, Fair Value [Line Items]
Nominal volume		251.8	[2]	482.4	[3]
Derivative asset		1.1	[4]	2.5	[5]
Derivative liability		$ 0.1	[6]	$ 5.1	[7]
[1]	There is no netting since there are no offsetting contracts.
[2]	Net nominal amount after deducting for offsetting swaps under ISDA agreements is $226.5 million.
[3]	Net nominal amount after deducting for offsetting swaps under ISDA agreements is $435.8 million.
[4]	Net amount after deducting for offsetting swaps under ISDA agreements is $1.1 million.
[5]	Net amount after deducting for offsetting swaps under ISDA agreements is $2.4 million.
[6]	Net amount after deducting for offsetting swaps under ISDA agreements is $0.0 million.
[7]	Net amount after deducting for offsetting swaps under ISDA agreements is $4.9 million.

Financial Assets and Liabilit56

Financial Assets and Liabilities Measured at Fair Value on Recurring Basis (Parenthetical) (Detail) - Other Current Assets Liabilities - Not Designated as Hedging Instrument - Foreign Exchange Swaps - Fair Value, Measurements, Recurring - Less Than Six Months - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Derivatives, Fair Value [Line Items]
Derivative notional volume, amount after offsetting swaps	$ 226.5	$ 435.8
Derivative asset, amount after offsetting swaps	1.1	2.4
Derivative liability, amount after offsetting swaps	$ 0	$ 4.9

Fair Value of Debt (Detail)

Fair Value of Debt (Detail) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	[1]	$ 1,323.6	$ 1,499.4
Long-term debt, fair value		1,371.2	1,552.3
Short-term debt	[1]	219.8	39.6
Short-term debt, fair value		225.3	39.6
U.S. Private Placement - Long-Term Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	[1]	1,312.4	1,421.5
Long-term debt, fair value		1,360	1,472.6
Medium-term Notes
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	[1]	0	77.8
Long-term debt, fair value		0	79.6
Other Long-Term Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Long-term debt	[1]	11.2	0.1
Long-term debt, fair value		11.2	0.1
Overdrafts and Other Short-Term Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term debt	[1]	39.7	39.4
Short-term debt, fair value		39.7	39.4
Short-Term Portion of Long-Term Debt
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Short-term debt	[1]	180.1	0.2
Short-term debt, fair value		$ 185.6	$ 0.2
[1]	Debt as reported in balance sheet.

Income Before Income Taxes (Det

Income Before Income Taxes (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
U.S.									$ 132.4	$ 143.8	$ 59.5
Non-U.S.									671.4	531.9	607.5
Income before income taxes	$ 228	$ 185.1	$ 200.4	$ 190.3	$ 264.9	$ 151.8	$ 194.5	$ 64.5	$ 803.8	$ 675.7	$ 667

Provision for Income Taxes (Det

Provision for Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Current U.S. federal	$ 53.9	$ 68.9	$ 32.2
Current Non-U.S.	209.1	169.2	166.2
Current U.S. state and local	3.5	4.2	0.4
Deferred U.S. federal	(8.3)	(9.3)	(3.2)
Deferred Non-U.S.	(15.6)	(13.7)	2.9
Deferred U.S. state and local	(0.4)	(1.1)	(0.5)
Total income tax expense	$ 242.2	$ 218.2	$ 198

Effective Income Tax Rate (Deta

Effective Income Tax Rate (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
U.S. federal income tax rate	35.00%	35.00%	35.00%
Foreign tax rate variances	(7.70%)	(8.10%)	(8.50%)
Tax credits	(3.70%)	(4.30%)	(4.90%)
Change in Valuation Allowances	1.30%	0.10%	0.60%
Current year losses with no benefit	2.10%	4.10%	5.90%
Net operating loss carry-forwards	(2.30%)	(0.50%)	0.00%
Changes in tax reserves	0.50%	1.40%	(0.10%)
U.S. Expense Allocation	2.00%	2.70%	2.10%
Earnings of equity investments	(0.10%)	(0.20%)	(0.40%)
Withholding taxes	2.80%	1.20%	0.60%
State taxes, net of federal benefit	0.20%	0.30%	0.00%
Other, net	0.00%	0.60%	(0.60%)
Effective income tax rate	30.10%	32.30%	29.70%

Income Taxes - Additional Infor

Income Taxes - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Taxes [Line Items]
Net operating loss carry-forwards	$ 332
Net operating loss carry-forwards with have no expiration date	$ 268
Net Operating loss carry-forwards, expiration date	2,029
Tax credit carry-forwards	$ 79
Tax credit carry-forwards, expiration date	2,021
Effective income tax rate	30.10%	32.30%	29.70%
Unrecognized tax benefits related to prior years		$ 28.3
Unrecognized accrued interest and penalties	$ 6.9	$ 5.7
Net increase to income tax reserves for unrecognized tax benefits based on tax positions related to current and prior years	2
Unrecognized tax benefits reserve that would impact effective tax rate if released into income	30.3
Unrecognized tax benefits payable, current	7.9
Unrecognized tax benefits payable, non-current	22.4
Undistributed earnings of non-U.S. operations	4,300
Non-US Foreign Tax Credit Carryforwards
Income Taxes [Line Items]
Tax credit carry-forwards	$ 3
Tax credit carry-forwards, expiration date	2,021
Minimum
Income Taxes [Line Items]
Effective income tax rate	20.00%
Maximum
Income Taxes [Line Items]
Effective income tax rate	30.00%

Unrecognized Tax Benefits (Deta

Unrecognized Tax Benefits (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Unrecognized tax benefits at beginning of year	$ 25.2	$ 21.5	$ 22.7
Increases as a result of tax positions taken during a prior period	4.5	2.5	0.6
Decreases as a result of tax positions taken during a prior period	(0.2)	(0.1)	0
Increases as a result of tax positions taken during the current period	5.8	5.7	3.1
Decreases as a result of tax positions taken during the current period	(1.7)	0	0
Decreases relating to settlements with taxing authorities	(1.3)	(0.7)	(2.4)
Decreases resulting from the lapse of the applicable statute of limitations	(3.5)	(2)	(1.2)
Translation Difference	(1.6)	(1.7)	(1.3)
Total unrecognized tax benefits at end of year	$ 27.2	$ 25.2	$ 21.5

Deferred Taxes (Detail)

Deferred Taxes (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013
Income Tax Disclosure [Abstract]
Provisions	$ 110.8	$ 90.6	$ 90.6
Costs capitalized for tax	19.1	21.3	12
Property, plant and equipment	14.8	15.5	18.9
Retirement Plans	66.8	60.8	73.6
Tax receivables, principally NOL's	222.1	192.8	166.2
Deferred tax assets before allowances	433.6	381	361.3
Valuation allowances	(210)	(177.7)	(150.1)	$ (115.5)
Total	223.6	203.3	211.2
Acquired intangibles	(12.2)	(18.4)	(22)
Statutory tax allowances	0	(0.6)	(0.7)
Insurance deposit	0	(3.3)	(5)
Distribution taxes	(29.4)	(29.8)	(34)
Other	(4.9)	(2.9)	(2.6)
Total	(46.5)	(55)	(64.3)
Net deferred tax asset	$ 177.1	$ 148.3	$ 146.9

Valuation Allowance Against Def

Valuation Allowance Against Deferred Tax Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Income Tax Disclosure [Abstract]
Allowances at beginning of year	$ 177.7	$ 150.1	$ 115.5
Benefits reserved current year	43.5	53.7	55.2
Benefits recognized current year	(13.8)	(5.2)	(0.7)
Write-offs and other changes	(0.5)	(0.2)	(3)
Translation difference	3.1	(20.7)	(16.9)
Allowances at end of year	$ 210	$ 177.7	$ 150.1

Receivables (Detail)

Receivables (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Receivables [Abstract]
Receivables	$ 1,967.9	$ 1,793.7	$ 1,713.2
Allowance at beginning of year	(6.1)	(6.9)	(4.6)
Reversal of allowance	0.9	1.3	0.9
Addition to allowance	(3.7)	(1.9)	(4.1)
Write-off against allowance	0.5	0.8	0.6
Translation difference	0.6	0.6	0.3
Allowance at end of year	(7.8)	(6.1)	(6.9)
Total receivables, net of allowance	$ 1,960.1	$ 1,787.6	$ 1,706.3

Components of Inventories (Deta

Components of Inventories (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Inventory Disclosure [Abstract]
Raw material	$ 378.2	$ 339.9	$ 312.2
Work in progress	256.7	243.4	240.6
Finished products	240	217.9	206
Inventories	874.9	801.2	758.8
Inventory reserve at beginning of year	(89.8)	(83.3)	(87.8)
Reversal of reserve	3.9	4.3	5.1
Addition to reserve	(26.5)	(22.2)	(10.9)
Write-off against reserve	8.1	5	4
Translation difference	2.8	6.4	6.3
Inventory reserve at end of year	(101.5)	(89.8)	(83.3)
Total inventories, net of reserve	$ 773.4	$ 711.4	$ 675.5

Investments and Other Non-Cur67

Investments and Other Non-Current Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Investments and Other Non-current Assets
Equity method investments	$ 18.5	$ 22.9
Deferred tax assets	234.1	141
Income tax receivables	44.7	50.9
Other non-current assets	54.9	41
Investments and other non-current assets	$ 352.2	$ 255.8

Investments and Other Non-Cur68

Investments and Other Non-Current Assets - Additional Information (Detail)	12 Months Ended
	Dec. 31, 2016
Schedule of Equity Method Investments [Line Items]
Number of equity method investment in companies	1
China | Changchun Hongguang-Autoliv Vehicle Safety Systems Co. Ltd.
Schedule of Equity Method Investments [Line Items]
Percentage of ownership, divested	30.00%
Malaysia | Autoliv-Hirotako Safety Sdn Bhd (Parent And Subsidiaries)
Schedule of Equity Method Investments [Line Items]
Percentage of ownership	49.00%

Schedule of Property, Plant and

Schedule of Property, Plant and Equipment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Property, Plant and Equipment [Line Items]
Land and land improvements	$ 122.4	$ 106.6
Machinery and equipment	3,385.4	3,179.7
Buildings	792.4	765.9
Construction in progress	341	284.6
Property, plant and equipment	4,641.2	4,336.8
Less accumulated depreciation	(2,983.1)	(2,899.7)
Net of depreciation	$ 1,658.1	$ 1,437.1
Land and Land Improvements
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	15 years
Machinery and Equipment | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	3 years
Machinery and Equipment | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	8 years
Buildings | Minimum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	20 years
Buildings | Maximum
Property, Plant and Equipment [Line Items]
Property, Plant and Equipment, Useful Life	40 years

Depreciation Included in Proper

Depreciation Included in Property Plant and Equipment (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Depreciation	$ 339.3	$ 299.4	$ 289.4
Cost of Sales
Property, Plant and Equipment [Line Items]
Depreciation	299.6	268.8	258.7
Selling, General and Administrative Expenses
Property, Plant and Equipment [Line Items]
Depreciation	9.5	7.3	8
Research, Development and Engineering Expenses, net
Property, Plant and Equipment [Line Items]
Depreciation	$ 30.2	$ 23.3	$ 22.7

Property, Plant and Equipment -

Property, Plant and Equipment - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Property, Plant and Equipment [Line Items]
Asset impairment charges	$ 0	$ 0	$ 0
Machinery and equipment and buildings and land under capital lease contracts	4,641,200,000	4,336,800,000
Capital Lease Obligations
Property, Plant and Equipment [Line Items]
Machinery and equipment and buildings and land under capital lease contracts	$ 15,200,000	$ 1,100,000

Schedule of Goodwill (Detail)

Schedule of Goodwill (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
Goodwill [Line Items]
Carrying amount at beginning of year	$ 1,666.3	$ 1,594
Acquisition	217.8	84.5
Translation differences	(13.4)	(12.2)
Carrying amount at end of year	1,870.7	1,666.3
Passive Safety
Goodwill [Line Items]
Carrying amount at beginning of year	1,388.3	1,400.5
Translation differences	(7.7)	(12.2)
Carrying amount at end of year	1,380.6	1,388.3
Electronics
Goodwill [Line Items]
Carrying amount at beginning of year	278	193.5
Acquisition	217.8	84.5
Translation differences	(5.7)
Carrying amount at end of year	$ 490.1	$ 278

Goodwill and Intangible Asset73

Goodwill and Intangible Assets - Additional Information (Detail) - USD ($)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Mar. 31, 2016	Aug. 17, 2015	Jan. 01, 2015
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill	$ 1,870,700,000	$ 1,666,300,000	$ 1,594,000,000
Acquisition	217,800,000	84,500,000
Impairments of goodwill	0	0	0
Intangible assets, carrying amount	212,500,000	128,000,000
Amortization expense on intangible assets	43,700,000	19,600,000	16,000,000
2,017	43,600,000
2,018	40,200,000
2,019	37,000,000
2,020	34,100,000
2,021	32,900,000
Passive Safety
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill	1,380,600,000	1,388,300,000	1,400,500,000
Passive Safety | Restatement Adjustment
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill						$ (185,700,000)
Electronics
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill	490,100,000	278,000,000	$ 193,500,000
Acquisition	217,800,000	84,500,000
Electronics | Restatement Adjustment
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill						$ 185,700,000
Technology
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible assets, carrying amount	126,000,000	83,000,000
Contractual Relationship
Goodwill and Intangible Assets Disclosure [Line Items]
Intangible assets, carrying amount	73,000,000	32,000,000
M/A-COM Automotive Solutions Business
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill					$ 84,500,000
Acquisition		$ 84,500,000
Autoliv Nissin Brake Systems
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill				$ 217,800,000
Acquisition	217,800,000
1997 Merger of Autoliv AB and Automotive Safety Products Division of Morton International, Inc. | Passive Safety
Goodwill and Intangible Assets Disclosure [Line Items]
Goodwill	$ 1,200,000,000

Schedule of Amortizable Intangi

Schedule of Amortizable Intangibles (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Goodwill and Intangible Assets Disclosure [Abstract]
Amortized Intangible, Gross carrying amount	$ 618.2	$ 484.9
Amortized Intangible, Accumulated amortization	(405.7)	(356.9)
Amortized Intangible, Carrying value	$ 212.5	$ 128

Schedule of Changes in Balance

Schedule of Changes in Balance Sheet Position of Restructuring Reserves (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, beginning balance	$ 87.9	$ 79.8	$ 94.2
Provision/ Charge	26.7	82.8	42.8
Provision/ Reversal	(2.8)	(2.9)	(2.3)
Cash payments	(73)	(63.6)	(44.5)
Translation difference	(1.3)	(8.2)	(10.4)
Restructuring reserve, ending balance	37.5	87.9	79.8
Restructuring employee-related
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, beginning balance	87.7	79.6	93.9
Provision/ Charge	26.2	82.6	42.6
Provision/ Reversal	(2.8)	(2.9)	(2.3)
Cash payments	(73)	(63.4)	(44.2)
Translation difference	(1)	(8.2)	(10.4)
Restructuring reserve, ending balance	37.1	87.7	79.6
Other Restructuring
Restructuring Cost and Reserve [Line Items]
Restructuring reserve, beginning balance	0.2	0.2	0.3
Provision/ Charge	0.5	0.2	0.2
Provision/ Reversal	0	0	0
Cash payments	0	(0.2)	(0.3)
Translation difference	(0.3)	0	0
Restructuring reserve, ending balance	$ 0.4	$ 0.2	$ 0.2

Summary of Change in Balance Sh

Summary of Change in Balance Sheet Position of Product-Related Liabilities (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Commitments and Contingencies Disclosure [Abstract]
Reserve at beginning of the year	$ 60.8	$ 51.3	$ 36.4
Change in reserve	91.4	37.9	37.9
Cash payments	(30.6)	(26.5)	(20.9)
Translation difference	(1.5)	(1.9)	(2.1)
Reserve at end of the year	$ 120.1	$ 60.8	$ 51.3

Debt and Credit Agreements - Ad

Debt and Credit Agreements - Additional Information (Detail) SEK in Millions

Apr. 25, 2014USD ($)

Jul. 31, 2016USD ($)Bank

Dec. 31, 2016USD ($)Tranche

Dec. 31, 2012USD ($)

Dec. 31, 2011USD ($)

Dec. 31, 2011SEK

Dec. 31, 2016SEK

Mar. 31, 2016

Dec. 31, 2015USD ($)

Mar. 31, 2013USD ($)

Dec. 31, 2012SEK

Line of Credit Facility [Line Items]

Short-term debt including short-term portion of long-term loans, including DRD

$ 219,000,000

Short-term portion of long-term debt

180,000,000

Senior notes

$ 60,000,000

Fixed interest rate on notes and loans

6.20%

6.20%

Long term debt issued

$ 1,250,000,000

Short-term debt excluding commercial paper

$ 306,000,000

Short-term debt excluding commercial paper, utilized amount

$ 40,000,000

Weighted average interest rate on short-term debt

3.00%

3.00%

4.00%

Total long-term debt including DRD

[1]

$ 1,323,600,000

$ 1,499,400,000

Long term debt issued, average interest rate

3.84%

Long-term debt

$ 1,543,400,000

Number of tranches of notes | Tranche

1

Money market funds

$ 525,000,000

Autoliv Nissin Brake Systems

Line of Credit Facility [Line Items]

Percentage of ownership interest acquired by the company

51.00%

China | Autoliv Nissin Brake Systems

Line of Credit Facility [Line Items]

Short-term portion of long-term debt

$ 4,000,000

Percentage of ownership interest acquired by the company

51.00%

51.00%

Japan

Line of Credit Facility [Line Items]

Other long-term debt

$ 11,000,000

Japan | Autoliv Nissin Brake Systems

Line of Credit Facility [Line Items]

Interest rate

0.60%

0.60%

Capital lease arrangement

$ 11,000,000

Interest Rate Swaps

Line of Credit Facility [Line Items]

Fixed interest rate on notes and loans

2.50%

2.50%

Nominal value

$ 60,000,000

Multi-Currency Revolving Credit Facility Agreement

Line of Credit Facility [Line Items]

Unused short-term lines of credit

$ 266,000,000

Revolving credit facility amount

$ 1,100,000,000

Line of credit facility maturity period

2,021

Percentage of commitment fee on undrawn amount

0.08%

Percentage of commitment fee as compared to applicable margin rate

35.00%

European Investment Bank

Line of Credit Facility [Line Items]

Line of credit facility commitment fee percent

0.30%

Syndicated by Banks | Multi-Currency Revolving Credit Facility Agreement

Line of Credit Facility [Line Items]

Number of banks syndicated on revolving credit facility | Bank

14

Swedish Program

Line of Credit Facility [Line Items]

Commercial paper

$ 769,000,000

SEK 7,000

United States Program

Line of Credit Facility [Line Items]

Commercial paper

1,000,000,000

Banks Rated A- or Above

Line of Credit Facility [Line Items]

Calculated risk amount

$ 150,000,000

Banks Rated A- or Above | Syndicated by Banks | Multi-Currency Revolving Credit Facility Agreement

Line of Credit Facility [Line Items]

Line of credit facility commitment fee percent

0.225%

Banks Rated BBB+

Line of Credit Facility [Line Items]

Calculated risk amount

$ 50,000,000

Total Debt As Cash Flow Including Debt Related Derivatives

Line of Credit Facility [Line Items]

Total long-term debt including DRD

[2]

1,321,300,000

Long-term debt

[2]

1,540,000,000

Senior Notes Five Year

Line of Credit Facility [Line Items]

Long term debt issued

$ 208,000,000

Interest rate

2.84%

Long term debt maturity period

5 years

Senior Notes Seven Year

Line of Credit Facility [Line Items]

Long term debt issued

$ 275,000,000

Interest rate

3.51%

Long term debt maturity period

7 years

Senior Notes Ten Year

Line of Credit Facility [Line Items]

Long term debt issued

$ 297,000,000

Interest rate

4.09%

Long term debt maturity period

10 years

Senior Notes Twelve Year

Line of Credit Facility [Line Items]

Long term debt issued

$ 285,000,000

Interest rate

4.24%

Long term debt maturity period

12 years

Senior Notes Fifteen Year

Line of Credit Facility [Line Items]

Long term debt issued

$ 185,000,000

Interest rate

4.44%

Long term debt maturity period

15 years

Fixed Rate Notes

Line of Credit Facility [Line Items]

Senior notes

$ 105,000,000

Fixed interest rate on notes and loans

5.40%

2.49%

5.40%

2.49%

Debt instrument maturity

2017-11

2017-12

Long term debt issued

$ 38,000,000

SEK 350

Floating Interest Rate of STIBOR + 3.9%

Line of Credit Facility [Line Items]

Debt instrument maturity

2017-05

2017-05

Notes repurchased

$ 33,000,000

SEK 300

Floating Interest Rate of STIBOR + 0.95%

Line of Credit Facility [Line Items]

Floating interest rates on notes

0.95%

0.95%

Senior Notes

Line of Credit Facility [Line Items]

Long-term debt

$ 71,000,000

Maximum | Commercial Paper

Line of Credit Facility [Line Items]

Money market funds

$ 2,000,000,000

[1]

Debt as reported in balance sheet.

[2]

Debt Related Derivatives (DRD), i.e. fair value adjustments to the carrying value of the underlying debt associated with hedging and a discounted fair value hedge.

Debt Profile (Detail)

Debt Profile (Detail) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Debt Instrument [Line Items]
2,017		$ 219.8
2,018		0.2
2,019		270.3
2,021		286.1
Thereafter		767
Total long-term	[1]	1,323.6	$ 1,499.4
Total		$ 1,543.4
U.S. Private Placement Notes
Debt Instrument [Line Items]
Weighted average interest rate	[2]	3.90%
2,017	[2]	$ 105
2,019	[2]	268
2,021	[2]	275
Thereafter	[2]	767
Total long-term	[2]	1,310
Total	[2]	$ 1,415
Overdraft/Other Short-term Debt
Debt Instrument [Line Items]
Weighted average interest rate	[2]	3.00%
2,017	[2]	$ 39.9
Total	[2]	$ 39.9
Medium-term Notes
Debt Instrument [Line Items]
Weighted average interest rate		1.50%
2,017		$ 71.5
Total		$ 71.5
Other Long-term Loans, Including Current Portion
Debt Instrument [Line Items]
Weighted average interest rate		0.60%
2,017		$ 2.3
2,018		0.2
2,021		11.1
Total long-term		11.3
Total		13.6
Debt Related Derivatives Adjustment
Debt Instrument [Line Items]
2,017		1.1
2,019		2.3
Total long-term		2.3
Total		3.4
Total Debt As Cash Flow Including Debt Related Derivatives
Debt Instrument [Line Items]
2,017	[2]	218.7
2,018	[2]	0.2
2,019	[2]	268
2,021	[2]	286.1
Thereafter	[2]	767
Total long-term	[2]	1,321.3
Total	[2]	$ 1,540
[1]	Debt as reported in balance sheet.
[2]	Debt Related Derivatives (DRD), i.e. fair value adjustments to the carrying value of the underlying debt associated with hedging and a discounted fair value hedge.

Shareholders' Equity - Addition

Shareholders' Equity - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended			36 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2012	Dec. 31, 2000
Shareholders' Equity [Line Items]
Number of shares outstanding	88,230,125
Maximum number of shares that may yet be purchased	4,424,760
Stock repurchase program, number of shares authorized to be repurchased	0		47,500,000		10,000,000
Aggregate number of shares repurchased	43,100,000
Aggregate value of shares repurchased	$ 2,341
Common shares sold from treasury stock	5,000,000
Repurchased shares remain in treasury stock	14,600,000	14,700,000
Equity Offering
Shareholders' Equity [Line Items]
Common shares sold from treasury stock				23,600,000
Stock Incentive Plan
Shareholders' Equity [Line Items]
Common shares sold from treasury stock	100,000	300,000	500,000

Schedule of Dividends Paid (Det

Schedule of Dividends Paid (Detail) - $ / shares	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity [Abstract]
Cash dividend paid per share	$ 0.58	$ 0.58	$ 0.58	$ 0.56	$ 0.56	$ 0.56	$ 0.56	$ 0.54	$ 2.30	$ 2.22	$ 2.12
Cash dividend declared per share									$ 2.32	$ 2.24	$ 2.14

Other Comprehensive Income (Los

Other Comprehensive Income (Loss) (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Equity [Abstract]
Cumulative translation adjustments	[1]	$ (493.5)	$ (345.9)	$ (155.1)
Net gain of cash flow hedge derivatives	[1]	8.1	0.2
Net pension liability	[1]	(80.1)	(63)	(97.9)
Purchase of subsidiary shares from non-controlling interest	[1]		0.2
Total (ending balance)	[1]	(565.5)	(408.5)	(253)
Deferred taxes on the pension liability	[1]	$ 35.3	$ 29.8	$ 43.4
[1]	The components of Other Comprehensive Income (Loss) are net of any related income tax effects.

Share Repurchase Program (Detai

Share Repurchase Program (Detail) - USD ($) shares in Millions, $ in Millions	12 Months Ended
	Dec. 31, 2015	Dec. 31, 2014
Equity [Abstract]
Shares repurchased	0.9	6.2
Cash paid for shares	$ 104.4	$ 616

Schedule of Acquisitions and Di

Schedule of Acquisitions and Divestitures of Businesses, Net of Cash Acquired (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Fair value of assets acquired, excluding cash	$ (529.5)	$ (146.4)
Liabilities assumed	50.9	7.9
Fair value of earn-out and deferred purchase consideration		39.6
Less: Non-controlling interest	252.3
Total business combinations	(226.3)	(98.9)
Acquisition of additional interests in subsidiaries		(4.2)
Acquisition of businesses and interests in affiliates, net of cash acquired	$ (226.3)	$ (103.1)
Divestitures of business, net of cash disposed			$ 2.4

Schedule of Payments for Intere

Schedule of Payments for Interest and Income Taxes (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Supplemental Cash Flow Elements [Abstract]
Interest	$ 64	$ 66	$ 57
Income taxes	$ 247	$ 214	$ 206

Stock Incentive Plan - Addition

Stock Incentive Plan - Additional Information (Detail) - USD ($) $ / shares in Units, $ in Millions	May 09, 2016	Feb. 15, 2016	May 31, 2016	Feb. 29, 2016	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014	Dec. 31, 2013	Dec. 31, 2012	Dec. 31, 2011
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Stock options granted for term, years						10 years
Date shares become exercisable						1 year
Shares transferred to employee term, years						3 years
Percentage of target number of performance shares to be earned					100.00%
Total stock compensation cost					$ 11.1	$ 8.2	$ 8.1
Weighted average period over which cost is expected to be recognized					1 year 4 months 24 days
Weighted average grant date fair value of stock options granted						$ 16.72	$ 17.35
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares transferred to employee term, years					3 years
Total compensation cost related to non-vested awards					$ 15.6
Aggregate intrinsic value					15.7
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance period						3 years	3 years
Grant date fair value								$ 5.9	$ 4.5	$ 4.4
Total compensation cost related to non-vested awards					15.6
Aggregate intrinsic value					$ 21.3
Stock Incentive Plan
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Maximum common shares that may be issued for awards					9,585,055
Number of common shares that have been issued for awards					6,386,050
Stock Incentive Plan | Non-Executive Directors
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of common shares that have been issued for awards					19,842
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Closing price per share					$ 113.15
Aggregate intrinsic value for stock options outstanding					$ 10.6
Aggregate intrinsic value for stock options exercisable					$ 10.6
LTI Program
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Performance period			3 years	3 years
LTI Program | Minimum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of performance shares to be earned			0.00%	0.00%
LTI Program | Maximum
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of performance shares to be earned			200.00%	200.00%
LTI Program | Weighted Average
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of target number of performance shares to be earned			50.00%	50.00%
LTI Program | Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of awards granted			50.00%	50.00%
Grant date fair value	$ 0.2	$ 6.9
LTI Program | Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Percentage of awards granted			50.00%	50.00%
Grant date fair value	$ 0.2	$ 7

Schedule of Valuation Assumptio

Schedule of Valuation Assumptions for All Awards Issued (Detail)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Stock Options
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Risk-free interest rate			1.10%	1.10%
Dividend yield	[1]		2.30%	2.30%
Expected life in years		0 years	3 years 4 months 24 days	3 years 10 months 24 days
Expected volatility			24.00%	28.00%
Restricted Stock Units (RSUs) and Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Dividend yield		2.20%
[1]	The dividend yield assumption is used for both SOs and the RSUs granted in 2015 and 2014.

Schedule of Number Restricted S

Schedule of Number Restricted Stock Units and Performance Shares (Detail) - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Restricted Stock Units (RSUs)
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value at grant date	$ 100.77	$ 105.87	$ 88.54
Outstanding at beginning of year	204,552	198,285	204,277
Granted	71,870	74,908	64,223
Shares issued	(66,651)	(58,186)	(56,184)
Cancelled/Forfeited/Expired	(21,277)	(10,455)	(14,031)
Outstanding at end of year	188,494	204,552	198,285
Performance Shares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Weighted average fair value at grant date	$ 98.57
Granted	143,740
Cancelled/Forfeited/Expired	(5,192)
Outstanding at end of year	138,548

Schedule of Number of Stock Opt

Schedule of Number of Stock Options (Detail) - Stock Options - $ / shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number of options, Outstanding beginning balance	473,051	538,825	831,701
Granted		187,996	192,665
Exercised	(51,084)	(244,182)	(471,732)
Cancelled/Forfeited/Expired	(10,858)	(9,588)	(13,809)
Number of options, Outstanding ending balance	411,109	473,051	538,825
Weighted average exercise price, Outstanding beginning balance	$ 87.88	$ 70.38	$ 59.20
Granted		113.51	94.87
Exercised	88.10	68.82	60.78
Cancelled/Forfeited/Expired	102.31	92.70	66.23
Weighted average exercise price, Outstanding ending balance	$ 87.47	$ 87.88	$ 70.38

Schedule of Options Exercisable

Schedule of Options Exercisable (Detail) - Options Exercisable - $ / shares	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Options exercisable, shares	254,842	290,487	349,190
Weighted average exercise price	$ 71.48	$ 71.76	$ 57.08

Summary of Stock Options Outsta

Summary of Stock Options Outstanding and Exercisable (Detail)	12 Months Ended
	Dec. 31, 2016$ / sharesshares
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Number outstanding | shares	411,109
Remaining contract life in years, Outstanding options	6 years 4 months 13 days
Number outstanding, Weighted average exercise price	$ 87.47
Number exercisable | shares	254,842
Remaining contract life in years, Exercisable options	5 years 3 months 18 days
Number exercisable, Weighted average exercise price	$ 71.48
$16.31-$19.96
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under stock option plans, exercise price range, lower range Limit	16.31
Shares authorized under stock option plans, exercise price range, upper range limit	$ 19.96
Number outstanding | shares	19,253
Remaining contract life in years, Outstanding options	2 years 1 month 21 days
Number outstanding, Weighted average exercise price	$ 16.31
Number exercisable | shares	19,253
Remaining contract life in years, Exercisable options	2 years 1 month 21 days
Number exercisable, Weighted average exercise price	$ 16.31
$44.70-$49.60
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under stock option plans, exercise price range, lower range Limit	44.70
Shares authorized under stock option plans, exercise price range, upper range limit	$ 49.60
Number outstanding | shares	23,275
Remaining contract life in years, Outstanding options	3 years 1 month 21 days
Number outstanding, Weighted average exercise price	$ 44.70
Number exercisable | shares	23,275
Remaining contract life in years, Exercisable options	3 years 1 month 21 days
Number exercisable, Weighted average exercise price	$ 44.70
$51.67 - $59.01
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under stock option plans, exercise price range, lower range Limit	51.67
Shares authorized under stock option plans, exercise price range, upper range limit	$ 59.01
Number outstanding | shares	16,225
Remaining contract life in years, Outstanding options	9 months 4 days
Number outstanding, Weighted average exercise price	$ 54.37
Number exercisable | shares	16,225
Remaining contract life in years, Exercisable options	9 months 4 days
Number exercisable, Weighted average exercise price	$ 54.37
$67.00 - $69.18
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under stock option plans, exercise price range, lower range Limit	67
Shares authorized under stock option plans, exercise price range, upper range limit	$ 69.18
Number outstanding | shares	79,992
Remaining contract life in years, Outstanding options	5 years 9 months 15 days
Number outstanding, Weighted average exercise price	$ 68.41
Number exercisable | shares	79,992
Remaining contract life in years, Exercisable options	5 years 9 months 15 days
Number exercisable, Weighted average exercise price	$ 68.41
$72.95 - $94.87
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under stock option plans, exercise price range, lower range Limit	72.95
Shares authorized under stock option plans, exercise price range, upper range limit	$ 94.87
Number outstanding | shares	116,097
Remaining contract life in years, Outstanding options	6 years 6 months 18 days
Number outstanding, Weighted average exercise price	$ 90.50
Number exercisable | shares	116,097
Remaining contract life in years, Exercisable options	6 years 6 months 18 days
Number exercisable, Weighted average exercise price	$ 90.50
$113.36-$126.46
Share-based Compensation Arrangement by Share-based Payment Award [Line Items]
Shares authorized under stock option plans, exercise price range, lower range Limit	113.36
Shares authorized under stock option plans, exercise price range, upper range limit	$ 126.46
Number outstanding | shares	156,267
Remaining contract life in years, Outstanding options	8 years 1 month 17 days
Number outstanding, Weighted average exercise price	$ 113.54

Contingent Liabilities - Additi

Contingent Liabilities - Additional Information (Detail) Vehicle in Millions, BRL in Millions, $ in Millions	Jun. 29, 2016ClaimVehicle	Mar. 31, 2015USD ($)	Oct. 31, 2014USD ($)	Oct. 31, 2014BRL	Jun. 30, 2014USD ($)Defendant	Dec. 31, 2016USD ($)Defendant
Loss Contingencies [Line Items]
Number of defendants in antitrust class actions | Defendant						19
United States District Court for Eastern District of Michigan
Loss Contingencies [Line Items]
Number of pending antitrust class actions | Defendant						15
Number of classes of plaintiffs | Defendant					3
Expense related settlement agreements		$ 77			$ 65
Settlement agreements amount		$ 81
United States District Court for Eastern District of Michigan | Direct purchaser settlement class
Loss Contingencies [Line Items]
Expense related settlement agreements					40
Settlement agreements amount						$ 35.5
United States District Court for Eastern District of Michigan | Auto dealer settlement class
Loss Contingencies [Line Items]
Expense related settlement agreements					6
United States District Court for Eastern District of Michigan | End-payor settlement class
Loss Contingencies [Line Items]
Expense related settlement agreements					$ 19
Damages from Product Defects
Loss Contingencies [Line Items]
Number of vehicles recalled | Vehicle	1.4
Number of confirmed incidents | Claim	8
Damages from Product Defects | Maximum
Loss Contingencies [Line Items]
Range of possible loss						$ 20
Brazilian Subsidiaries
Loss Contingencies [Line Items]
Aggregate assessment for all alleged violations			$ 22	BRL 70
Ontario and Quebec Superior Court
Loss Contingencies [Line Items]
Number of pending antitrust class actions | Defendant						4

Lease Commitments - Additional

Lease Commitments - Additional Information (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Leases Disclosure [Line Items]
Rental expense for operating leases	$ 46.9	$ 40.9	$ 44.6
Operating lease, future minimum payment, total	132.7
Operating lease, future minimum payment, 2017	40.2
Operating lease, future minimum payment, 2018	28.9
Operating lease, future minimum payment, 2019	22.7
Operating lease, future minimum payment, 2020	15.2
Operating lease, future minimum payment, 2021	10.3
Operating lease, future minimum payment, 2022 and thereafter	$ 15.4
Capital leases expiration date	Various dates through 2021
Capital lease, future minimum payment, total	$ 16
Capital lease, future minimum payment, 2017	4.2
Capital lease, future minimum payment, 2018	0.6
Capital lease, future minimum payment, 2019	0.6
Capital lease, future minimum payment, 2020	0.6
Capital lease, future minimum payment, 2021	10
Capital lease, future minimum payment, 2022 and thereafter	$ 0
Maximum
Leases Disclosure [Line Items]
Operating leases expiration date	2,045

Retirement Plans - Additional I

Retirement Plans - Additional Information (Detail) - USD ($) $ in Millions		12 Months Ended
		Dec. 31, 2017	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Retirement Plans [Line Items]
Contributions to defined contribution plans			$ 21.3	$ 19.9	$ 20.2
Minimum percentage for which multiemployer plans is funded			100.00%
Contributions to multi-employer plans			$ 4.4	$ 2.2	$ 2.4
Post retirement plan description			In general, the terms of the plans provide that U.S. employees who retire after attaining age 55, with 15 years of service (5 years before December 31, 2006), are reimbursed for qualified medical expenses up to a maximum annual amount.
Years of service to qualify for a benefit from the plan in the future.			15 years
Weighted average discount rate used to determine U.S. postretirement benefit obligation			4.40%	4.65%
Average discount rate used to determine U.S. postretirement benefit cost			4.65%	4.20%	5.05%
Increase or decrease in the annual health care cost trend rates			1.00%
U.S. Pension Plans
Retirement Plans [Line Items]
Estimated amortization of prior service credit in next fiscal year			$ 0
Expected amortization of net actuarial losses in next fiscal year			5.7
Net periodic benefit cost			10.2
Defined benefit plans that will be amortized from other comprehensive income			$ 11.9
Estimated remaining service lives of the plan participants, years			10 years
Accumulated benefit obligation			$ 292.4	$ 261.8
Targeted level of equity exposure			55.00%
Expected long-term rate of return on assets			7.08%	7.08%	7.08%
Target allocation			100.00%
Company contributions			$ 6.8	$ 6.7
Expected contribution by the company over the next fiscal year			6.9
U.S. Pension Plans | Scenario, Forecast
Retirement Plans [Line Items]
Expected long-term rate of return on assets		7.08%
Non-U.S. Pension Plans
Retirement Plans [Line Items]
Estimated amortization of prior service credit in next fiscal year			0.5
Expected amortization of net actuarial losses in next fiscal year			2.1
Net periodic benefit cost			17.6	21.1	$ 18.8
Defined benefit plans that will be amortized from other comprehensive income			20
Accumulated benefit obligation			220.3	177.7
Company contributions			$ 9.8	$ 9.6
Non-U.S. Pension Plans | Minimum
Retirement Plans [Line Items]
Estimated remaining service lives of the plan participants, years			5 years
Expected long-term rate of return on assets	[1]		3.30%	2.60%	2.60%
Non-U.S. Pension Plans | Maximum
Retirement Plans [Line Items]
Estimated remaining service lives of the plan participants, years			20 years
Expected long-term rate of return on assets	[1]		6.15%	6.15%	6.15%
UK
Retirement Plans [Line Items]
Target allocation			100.00%
Company contributions			$ 1.2	$ 1.4
Expected contribution by the company over the next fiscal year			$ 1.1
UK | Debt Instruments
Retirement Plans [Line Items]
Percentage of total plan assets			47.00%
Postretirement Benefits Other Than Pensions
Retirement Plans [Line Items]
Net periodic benefit cost			$ (1)	(1)	$ 2.7
Defined benefit plans that will be amortized from other comprehensive income			(2.6)
Company contributions			$ 0.3	$ 0.2	$ 0.8
[1]	The Non-U.S. weighted average plan ranges in the tables above have been prepared using significant plans only, which in total represent more than 90% of the total Non-U.S. projected benefit obligation.

Changes in Benefit Obligations

Changes in Benefit Obligations and Plan Assets (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. Pension Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Benefit obligation at beginning of year	$ 324.6	$ 357
Service cost	8.3	9.9
Interest cost	14.6	14.4
Change in discount rate	25.9	(47.6)
Experience	5.9	9.6
Other assumption changes	(6.5)	(1)
Plan amendments		0.3
Benefits paid	(11.6)	(18)
Benefit obligation at end of year	361.2	324.6	$ 357
Fair value of plan assets at beginning of year	240	253.8
Actual return on plan assets	21.3	(2.5)
Company contributions	6.8	6.7
Benefits paid	(11.6)	(18)
Fair value of plan assets at end of year	256.5	240	253.8
Funded status recognized in the balance sheet	(104.7)	(84.6)
Non-U.S. Pension Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Benefit obligation at beginning of year	215.8	237.3
Service cost	14.9	14.4	13.5
Interest cost	7	7	8.2
Change in discount rate	21.4	(9.7)
Experience	(2)	(7.7)
Other assumption changes	0.5	(2.2)
Plan participants' contributions	0.1	0.2
Plan amendments	2.1	0.2
Benefits paid	(8.7)	(8.4)
Curtailments	(6.9)	(0.8)
Special termination benefits	0.1	0.1
Acquisition	35.3
Other	(0.3)	(0.2)
Translation difference	(18.7)	(14.4)
Benefit obligation at end of year	260.6	215.8	237.3
Fair value of plan assets at beginning of year	103.4	108
Actual return on plan assets	12.1	(1.4)
Company contributions	9.8	9.6
Plan participants' contributions	0.1	0.1
Benefits paid	(8.7)	(8.4)
Settlements	(0.6)
Acquisition	25.9
Other	(0.3)	(0.2)
Translation difference	(13.9)	(4.3)
Fair value of plan assets at end of year	127.8	103.4	$ 108
Funded status recognized in the balance sheet	$ (132.8)	$ (112.4)

Components of Net Periodic Bene

Components of Net Periodic Benefit Cost (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Pension Plans, Defined Benefit
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	$ 8.3	$ 9.9	$ 7.3
Interest cost	14.6	14.4	13
Expected return on plan assets	(16.6)	(17.5)	(15.4)
Amortization of prior service cost	(0.9)	(1)	(1)
Amortization of actuarial loss	4.8	7.7	1.9
Net periodic benefit (credit) cost	10.2	13.5	5.8
Non-U.S. Pension Plans
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	14.9	14.4	13.5
Interest cost	7	7	8.2
Expected return on plan assets	(3.9)	(3.8)	(4.5)
Amortization of prior service cost	0.4	0.3	0.3
Amortization of actuarial loss	1.5	3.1	1.1
Settlement loss (gain)	(2.5)	0	0.1
Curtailment loss (gain)	0.1	0	0.1
Special termination benefits	0.1	0.1
Net periodic benefit (credit) cost	17.6	21.1	18.8
Postretirement Benefits Other Than Pensions
Defined Benefit Plans and Other Postretirement Benefit Plans Table Text Block [Line Items]
Service cost	0.4	0.5	1.3
Interest cost	0.8	0.8	1.6
Amortization of prior service cost	(2.1)	(2.2)	(0.1)
Amortization of actuarial loss	(0.1)	(0.1)	(0.1)
Net periodic benefit (credit) cost	$ (1)	$ (1)	$ 2.7

Components of Accumulated Other

Components of Accumulated Other Comprehensive Income Before Tax (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	$ 95.6	$ 79.9
Prior service cost (credit)	0.3	(0.6)
Total accumulated other comprehensive income recognized in the balance sheet	95.9	79.3	$ 104.7
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	35.7	31.9
Prior service cost (credit)	3.8	2.3
Total accumulated other comprehensive income recognized in the balance sheet	39.5	34.2	$ 56.4
U.S. Postretirement Benefit Plans
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	(4.8)	(3)
Prior service cost (credit)	(12.8)	(15.2)
Total accumulated other comprehensive income recognized in the balance sheet	(17.6)	(18.2)
Non-U.S. Postretirement Benefit Plan
Defined Benefit Plan Disclosure [Line Items]
Net actuarial loss (gain)	(1.5)	(2.5)
Prior service cost (credit)	0.2	0
Total accumulated other comprehensive income recognized in the balance sheet	$ (1.3)	$ (2.5)

Changes in Accumulated Other Co

Changes in Accumulated Other Comprehensive Income Before Tax (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Total retirement benefit recognized in accumulated other comprehensive income at beginning of year	$ 79.3	$ 104.7
Net actuarial loss (gain)	20.5	(19)
Prior service cost		0.3
Amortization of prior service credit (cost)	0.9	1
Amortization of actuarial loss	(4.8)	(7.7)
Total retirement benefit recognized in accumulated other comprehensive income at end of year	95.9	79.3
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Total retirement benefit recognized in accumulated other comprehensive income at beginning of year	34.2	56.4
Net actuarial loss (gain)	7.8	(14.9)
Prior service cost	2.1	0.2
Amortization of prior service credit (cost)	(0.6)	(0.3)
Amortization of actuarial loss	(1.9)	(3.1)
Translation difference	(2.1)	(4.1)
Total retirement benefit recognized in accumulated other comprehensive income at end of year	$ 39.5	$ 34.2

Pension Plans for which ABO exc

Pension Plans for which ABO exceeds Fair Value of Plan Assets (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected Benefit Obligation (PBO)	$ 361.2	$ 324.6
Accumulated Benefit Obligation (ABO)	292.4	261.8
Fair value of plan assets	256.5	240
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Projected Benefit Obligation (PBO)	185.7	118
Accumulated Benefit Obligation (ABO)	152.5	89.5
Fair value of plan assets	$ 54.9	$ 4.3

Assumptions to Determine Benefi

Assumptions to Determine Benefit Obligation and Net Periodic Benefit Cost (Detail)		12 Months Ended
		Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Benefit Obligation discount rate		4.15%	4.50%
Benefit Obligation rate of increases in compensation level		2.65%	2.65%
Net periodic benefit cost discount rate		4.50%	4.00%	5.00%
Net periodic benefit cost rate of increases in compensation level		2.65%	3.50%	3.50%
Expected long-term rate of return on assets		7.08%	7.08%	7.08%
Non-U.S. Pension Plans | Minimum
Defined Benefit Plan Disclosure [Line Items]
Benefit Obligation discount rate	[1]	0.50%	0.50%
Benefit Obligation rate of increases in compensation level	[1]	2.00%	2.25%
Net periodic benefit cost discount rate	[1]	0.50%	0.50%	1.00%
Net periodic benefit cost rate of increases in compensation level	[1]	2.25%	2.25%	2.25%
Expected long-term rate of return on assets	[1]	3.30%	2.60%	2.60%
Non-U.S. Pension Plans | Maximum
Defined Benefit Plan Disclosure [Line Items]
Benefit Obligation discount rate	[1]	3.90%	4.10%
Benefit Obligation rate of increases in compensation level	[1]	5.00%	5.00%
Net periodic benefit cost discount rate	[1]	4.10%	4.00%	5.00%
Net periodic benefit cost rate of increases in compensation level	[1]	5.00%	5.00%	5.00%
Expected long-term rate of return on assets	[1]	6.15%	6.15%	6.15%
[1]	The Non-U.S. weighted average plan ranges in the tables above have been prepared using significant plans only, which in total represent more than 90% of the total Non-U.S. projected benefit obligation.

Assumptions to Determine Ben100

Assumptions to Determine Benefit Obligation and Net Periodic Benefit Cost (Parenthetical) (Detail)	12 Months Ended
	Dec. 31, 2016
Non-U.S. Pension Plans | Minimum
Defined Benefit Plan Disclosure [Line Items]
Projected benefit obligation	90.00%

Fair Value of Total Plan Assets

Fair Value of Total Plan Assets (Detail)	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Target allocation	100.00%
Fair Value allocation	100.00%	100.00%
U.S. Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation	55.00%
Fair Value allocation	56.00%	56.00%
U.S. Pension Plans | Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Target allocation	45.00%
Fair Value allocation	43.00%	43.00%
U.S. Pension Plans | Other Assets
Defined Benefit Plan Disclosure [Line Items]
Fair Value allocation	1.00%	1.00%
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
Fair Value allocation	100.00%	100.00%
Non-U.S. Pension Plans | Equity Securities
Defined Benefit Plan Disclosure [Line Items]
Fair Value allocation	14.00%	15.00%
Non-U.S. Pension Plans | Debt Securities
Defined Benefit Plan Disclosure [Line Items]
Fair Value allocation	52.00%	65.00%
Non-U.S. Pension Plans | Other Assets
Defined Benefit Plan Disclosure [Line Items]
Fair Value allocation	34.00%	20.00%

Summary of Fair Value of Compan

Summary of Fair Value of Company's Plan Assets (Detail) - Fair Value, Inputs, Level 2 - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 384.3	$ 343.4
U.S. Equity | Large Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	95.1	88.1
U.S. Equity | Mid Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	10.6	10.1
U.S. Equity | Small Cap
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	11.9	10.3
Non-U.S. Equity
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	44.8	41
U.S. Bonds | Aggregate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	109.1	103.7
Non-U.S. Bonds | Aggregate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	5.9	5.9
Non-U.S. Bonds | Corporate
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	60.4	60.9
Insurance Contracts
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	36.7	13.9
Other Investment
Defined Benefit Plan Disclosure [Line Items]
Fair value of plan assets	$ 9.8	$ 9.5

Estimated Future Benefit Expect

Estimated Future Benefit Expected Payments (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2,017	$ 14.2
2,018	15.6
2,019	17.4
2,020	18.5
2,021	21.4
Years 2022-2026	139.7
Non-U.S. Pension Plans
Defined Benefit Plan Disclosure [Line Items]
2,017		$ 7.3
2,018		8.2
2,019		9.1
2,020		9.2
2,021		10.3
Years 2022-2026		$ 59.6
Postretirement Benefits Other Than Pensions
Defined Benefit Plan Disclosure [Line Items]
2,017	0.5
2,018	0.5
2,019	0.6
2,020	0.7
2,021	0.7
Years 2022-2026	$ 4.4

Changes Benefit Obligation and

Changes Benefit Obligation and Plan Assets (Detail) - Postretirement Benefits Other Than Pensions - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Defined Benefit Plan Disclosure [Line Items]
Benefit obligation at beginning of year	$ 19.3	$ 21	$ 34.3
Service cost	0.4	0.5	1.3
Interest cost	0.8	0.8	1.6
Change in discount rate	0.7	(1.2)	2.4
Experience	(0.1)	(0.9)	(1.1)
Other assumption changes	(2.9)	(0.9)	0.4
Plan amendments	0.2	0	(17.2)
Benefits paid	(0.3)	(0.2)	(0.8)
Other	0.4	0.2	0.1
Benefit obligation at end of year	18.5	19.3	21
Fair value of plan assets at beginning of year	0	0	0
Company contributions	0.3	0.2	0.8
Benefits paid	(0.3)	(0.2)	(0.8)
Fair value of plan assets at end of year	0	0	0
Accrued postretirement benefit cost recognized in the balance sheet	$ (18.5)	$ (19.3)	$ (21)

Segment Information - Additiona

Segment Information - Additional Information (Detail) $ in Millions	12 Months Ended
	Dec. 31, 2016USD ($)Segment	Dec. 31, 2015USD ($)	Dec. 31, 2014USD ($)
Segment Reporting Information [Line Items]
Number of operating segments | Segment	2
Long-lived assets, Total	$ 4,094	$ 3,487
UNITED STATES
Segment Reporting Information [Line Items]
External sales	2,694	2,469	$ 2,269
Long-lived assets, Total	2,018	1,863
Long-lived intangible assets from acquisition goodwill	1,678	1,595
Exports from U.S. to other Regions
Segment Reporting Information [Line Items]
External sales	$ 645	$ 527	$ 459
Customer Concentration Risk | Sales | GM
Segment Reporting Information [Line Items]
Percentage of sales to individuals		12.00%	14.00%
Customer Concentration Risk | Sales | Ford
Segment Reporting Information [Line Items]
Percentage of sales to individuals	11.00%	12.00%	11.00%
Customer Concentration Risk | Sales | Renault
Segment Reporting Information [Line Items]
Percentage of sales to individuals	11.00%	10.00%	11.00%
Customer Concentration Risk | Sales | Hyundai/Kia
Segment Reporting Information [Line Items]
Percentage of sales to individuals	11.00%

Segment Information Net Sales I

Segment Information Net Sales Including Intersegment Sales (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales	$ 2,603.8	$ 2,461.3	$ 2,578.5	$ 2,430	$ 2,519.5	$ 2,184.5	$ 2,291.5	$ 2,174.1	$ 10,073.6	$ 9,169.6	$ 9,240.5
Operating Segments
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales									10,134.4	9,209.9	9,289
Operating Segments | Passive Safety
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales									7,918.8	7,621.2	7,800.1
Operating Segments | Electronics
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales									2,215.6	1,588.7	1,488.9
Corporate and other
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales									5.8	14.7	20.1
Intersegment Eliminations
Segment Reporting, Revenue Reconciling Item [Line Items]
Net sales									$ (66.6)	$ (55)	$ (68.6)

Segment Information Income Befo

Segment Information Income Before Income Taxes (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income									$ 847.7	$ 727.8	$ 722.6
Interest and other non-operating expenses, net									(46.5)	(56.8)	(62.5)
Income from equity method investments									2.6	4.7	6.9
Income before income taxes	$ 228	$ 185.1	$ 200.4	$ 190.3	$ 264.9	$ 151.8	$ 194.5	$ 64.5	803.8	675.7	667
Operating Segments
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income									879.2	733.7	674.1
Operating Segments | Passive Safety
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income									817.7	669.2	598.1
Operating Segments | Electronics
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income									61.5	64.5	76
Corporate and other
Segment Reporting, Reconciling Item for Operating Profit (Loss) from Segment to Consolidated [Line Items]
Segment operating income									$ (31.5)	$ (5.9)	$ 48.5

Segment Information Capital Exp

Segment Information Capital Expenditures (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	$ 506.8	$ 465.8	$ 456
Corporate and other
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	11.2	7	2.9
Passive Safety
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	394.7	405.6	389
Electronics
Segment Reporting, Other Significant Reconciling Item [Line Items]
Capital expenditures	$ 100.9	$ 53.2	$ 64.1

Segment Information Depreciatio

Segment Information Depreciation and Amortization (Detail) - USD ($) $ in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Reconciliation of Depreciation by Segment [Line Items]
Depreciation and amortization	$ 383	$ 319.1	$ 305.4
Corporate and other
Reconciliation of Depreciation by Segment [Line Items]
Depreciation and amortization	8.4	5.3	5.6
Passive Safety
Reconciliation of Depreciation by Segment [Line Items]
Depreciation and amortization	278.5	264.5	254.6
Electronics
Reconciliation of Depreciation by Segment [Line Items]
Depreciation and amortization	$ 96.1	$ 49.3	$ 45.2

Segment Information Segment Ass

Segment Information Segment Assets (Detail) - USD ($) $ in Millions		Dec. 31, 2016	Dec. 31, 2015
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		$ 8,234.4	$ 7,525.5
Operating Segments
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		7,352.5	6,505.8
Operating Segments | Passive Safety
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		5,637	5,539.3
Operating Segments | Electronics
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets		1,715.5	966.5
Corporate and other
Segment Reporting, Asset Reconciling Item [Line Items]
Total assets	[1]	$ 881.9	$ 1,019.7
[1]	Corporate and other assets mainly consist of cash and cash equivalents, income taxes and equity method investments.

Net Sales by Geographical Area

Net Sales by Geographical Area (Detail) - USD ($) $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net sales	$ 2,603.8	$ 2,461.3	$ 2,578.5	$ 2,430	$ 2,519.5	$ 2,184.5	$ 2,291.5	$ 2,174.1	$ 10,073.6	$ 9,169.6	$ 9,240.5
Asia
Segment Reporting Information [Line Items]
Net sales									3,617.4	3,077.4	3,097.9
China
Segment Reporting Information [Line Items]
Net sales									1,766.2	1,523.7	1,521.6
Japan
Segment Reporting Information [Line Items]
Net sales									949.7	668	687.7
Rest of Asia
Segment Reporting Information [Line Items]
Net sales									901.5	885.7	888.6
Americas
Segment Reporting Information [Line Items]
Net sales									3,380.4	3,264.8	3,099.4
Europe
Segment Reporting Information [Line Items]
Net sales									$ 3,075.8	$ 2,827.4	$ 3,043.2

Net Sales by Product (Detail)

Net Sales by Product (Detail) - USD ($) $ in Millions		3 Months Ended								12 Months Ended
		Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Segment Reporting Information [Line Items]
Net sales		$ 2,603.8	$ 2,461.3	$ 2,578.5	$ 2,430	$ 2,519.5	$ 2,184.5	$ 2,291.5	$ 2,174.1	$ 10,073.6	$ 9,169.6	$ 9,240.5
Airbag Products
Segment Reporting Information [Line Items]
Net sales	[1]									5,255.8	5,036.2	5,019.3
Seatbelt Products
Segment Reporting Information [Line Items]
Net sales	[1]									2,665.2	2,599.1	2,800.1
Passive Safety Electronic Products
Segment Reporting Information [Line Items]
Net sales										1,031	923.2	932
Active Safety Products
Segment Reporting Information [Line Items]
Net sales										738.6	$ 611.1	$ 489.1
Brake Control Systems
Segment Reporting Information [Line Items]
Net sales										$ 383
[1]	Including Corporate and other sales.

Long-lived Assets by Geographic

Long-lived Assets by Geographical Information (Detail) - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Segment Reporting Information [Line Items]
Long-lived assets, Total	$ 4,094	$ 3,487
Asia
Segment Reporting Information [Line Items]
Long-lived assets, Total	1,147	739
China
Segment Reporting Information [Line Items]
Long-lived assets, Total	556	434
Japan
Segment Reporting Information [Line Items]
Long-lived assets, Total	376	103
Rest of Asia
Segment Reporting Information [Line Items]
Long-lived assets, Total	215	202
Americas
Segment Reporting Information [Line Items]
Long-lived assets, Total	2,206	2,027
Europe
Segment Reporting Information [Line Items]
Long-lived assets, Total	$ 741	$ 721

Schedule of Actual Weighted Ave

Schedule of Actual Weighted Average Shares Used in Calculating EPS (Detail) - shares shares in Millions	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Weighted average shares basic	88.2	88.2	92.1
Effect of dilutive securities:
stock options/share awards	0.2	0.2	0.3
Weighted average shares diluted	88.4	88.4	92.4

Earnings Per Share - Additional

Earnings Per Share - Additional Information (Detail) - shares	12 Months Ended
	Dec. 31, 2016	Dec. 31, 2015	Dec. 31, 2014
Earnings Per Share [Abstract]
Potentially dilutive shares	200,000	2,000	0

Quarterly Financial Information

Quarterly Financial Information (Detail) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended								12 Months Ended
	Dec. 31, 2016	Sep. 30, 2016	Jun. 30, 2016	Mar. 31, 2016	Dec. 31, 2015	Sep. 30, 2015	Jun. 30, 2015	Mar. 31, 2015	Dec. 31, 2016		Dec. 31, 2015		Dec. 31, 2014
Condensed Financial Information of Subsidiaries Disclosure [Abstract]
Net sales	$ 2,603.8	$ 2,461.3	$ 2,578.5	$ 2,430	$ 2,519.5	$ 2,184.5	$ 2,291.5	$ 2,174.1	$ 10,073.6		$ 9,169.6		$ 9,240.5
Gross profit	534.2	495.3	526.5	501	520.7	440.1	460	423.3	2,057		1,844.1		1,803.8
Income before taxes	228	185.1	200.4	190.3	264.9	151.8	194.5	64.5	803.8		675.7		667
Net income	144.2	135.5	148.4	133.5	185.9	99.1	136.8	35.7	561.6	[1]	457.5	[1]	469	[1]
Net income attributable to controlling interest	$ 147.7	$ 137.8	$ 148.4	$ 133.2	$ 185.5	$ 98.9	$ 136.7	$ 35.7	$ 567.1		$ 456.8		$ 467.8
Earnings per share - basic	$ 1.67	$ 1.56	$ 1.68	$ 1.51	$ 2.11	$ 1.12	$ 1.55	$ 0.40	$ 6.43		$ 5.18		$ 5.08
Earnings per share - diluted	1.67	1.56	1.68	1.51	2.10	1.12	1.55	0.40	6.42		5.17		5.06
Dividends paid	$ 0.58	$ 0.58	$ 0.58	$ 0.56	$ 0.56	$ 0.56	$ 0.56	$ 0.54	$ 2.30		$ 2.22		$ 2.12
[1]	See Note 13 for further details - includes tax effects where applicable.