Segment Information

Financial results for the Company's reportable segments have been prepared using a management approach, which is consistent with the basis and manner in which financial information is evaluated by the Company's Chief Operating Decision Maker (CODM) in allocating resources and in assessing performance. The Company has two operating segments, Electronics and Brake Systems. Electronics includes all of electronics resources and expertise in passive safety electronics and active safety. The operating results of the operating segments are regularly reviewed by the Company’s CODM, the Chief Executive Officer, to assess the performance of the individual operating segments and make decisions about resources to be allocated to the operating segments.

The accounting policies for the reportable segments are the same as those described in the Note 2, Summary of Significant Accounting Policies to the consolidated financial statements.

Key financial measures reviewed by the Company’s CODM are as follows.



	Year Ended December 31
(Loss)/Income Before Income Taxes	2018			2017			2016
Electronics	$	(116	)	$	(14	)	$	11
Brake Systems	(30		)	(247		)	(12		)
Segment operating loss	(146		)	(261		)	(1		)
Corporate and other	(51		)	(22		)	(24		)
Interest and other non-operating items, net	7			(1		)	3
Loss from equity method investment	(63		)	(31		)	—
Loss before income taxes	$	(253	)	$	(314	)	$	(22	)



	Year Ended December 31
Capital Expenditures	2018		2017		2016
Electronics	$	132	$	79	$	80
Brake Systems	56		31		23
Total capital expenditures	$	188	$	110	$	103



	Year Ended December 31
Depreciation and Amortization	2018		2017		2016
Electronics	$	72	$	80	$	70
Brake Systems	38		39		36
Total depreciation and amortization	$	111	$	119	$	106



	As of December 31
Segment Assets	2018			2017
Electronics	$	2,329		$	1,286
Brake Systems	507			377
Intersegment assets	(204		)	—
Total assets	$	2,632		$	1,663

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 2018: Customer A 21%, Customer B 17% and Customer C 11%.

In 2017: Customer A 21%, Customer B 17%, Customer C 12% and Customer D 12%.

In 2016: Customer A 17%, Customer B 16%, Customer C 13%, Customer D 13% and Customer E 11%.



	As of December 31
Long-lived Assets	2018		2017
Asia	$	307	$	302
Americas	368		393
Europe	438		242
Total	$	1,113	$	938

Long-lived assets in the U.S. amounted to $315 million and $349 million for 2018 and 2017, respectively. For 2018 and 2017 $117 million and $285 million, respectively, of the long-lived assets in the U.S. refers to intangible assets, principally from acquisition goodwill.