Autoliv, Inc. reported impairment results for the fourth quarter of 2017. The company reported a non-cash impairment of goodwill in the Autoliv Nissin Brake Systems joint venture (of which Autoliv owns 51%), with a net income effect to Autoliv of approximately $100 million in the fourth quarter of 2017. The total impairment, affecting reported operating income is $234 million. There is no effect on adjusted (guided) operating income or adjusted earnings per share. The recording of the non-cash impairment of goodwill was made as a part of the preparation and audit of Autoliv's financial statements for 2017.