Company: APTV
Filing Date: 2025-02-07
Form Type: 10-K
Source: 0001521332-25-000010
Chunk: 206

Company: Aptiv PLC
Filing Date: 2025-02-07
Form: 10-K
Item: Item 8
Chunk 206
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 Foreign currency derivatives*Accrued liabilities10 Accrued liabilities80 (70)Commodity derivativesOther long-term assets1 Other long-term liabilities7 Foreign currency derivatives*Other long-term liabilities3 Other long-term liabilities35 (32)Derivatives designated as net investment hedges:Foreign currency derivativesOther current assets5 Accrued liabilities— Total derivatives designated as hedges$34 $130 Derivatives not designated:Foreign currency derivatives*Other current assets$1 Other current assets$— 1 Foreign currency derivatives*Accrued liabilities— Accrued liabilities1 (1)Total derivatives not designated as hedges$1 $1 

117

 Asset DerivativesLiability DerivativesNet Amounts of Assets and (Liabilities) Presented in the Balance Sheet Balance Sheet LocationDecember 31, 2023Balance Sheet LocationDecember 31, 2023December 31, 2023 (in millions)Derivatives designated as cash flow hedges:Commodity derivativesOther current assets$1 Accrued liabilities$4 Foreign currency derivatives*Other current assets133 Other current assets— $133 Commodity derivativesOther long-term assets2 Other long-term liabilities1 Foreign currency derivatives*Other long-term assets22 Other long-term assets1 21 Derivatives designated as net investment hedges:Foreign currency derivativesOther current assets— Accrued liabilities2 Total derivatives designated as hedges$158 $8 Derivatives not designated:Foreign currency derivatives*Other current assets$4 Other current assets$— 4 Total derivatives not designated as hedges$4 $— * Derivative instruments within this category are subject to master netting arrangements and are presented on a net basis in the consolidated balance sheets in accordance with accounting guidance related to the offsetting of amounts related to certain contracts.The fair value of Aptiv’s derivative financial instruments were in a net liability position as of December 31, 2024 and a net asset position as of December 31, 2023.Effect of Derivatives on the Statements of Operations and Statements of Comprehensive IncomeThe pre-tax effects of derivative financial instruments in the consolidated statements of operations and consolidated statements of comprehensive income for the years ended December 31, 2024, 2023 and 2022 are as follows:Year Ended December 31, 2024Gain (Loss)