Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 72

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 72
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alculate due to the effect of rounding):

(In millions)September 30,2025December 31,2024United Kingdom$3.5 $4.4 United States5.8 6.9 The Netherlands575.4 256.3 China133.5 272.2 Other73.1 53.9 Total$791.3 $593.7 

The amount of cash and cash equivalents held in these geographic regions fluctuates throughout the year due to a variety of factors, such as our use of intercompany loans and dividends and the timing of cash receipts and disbursements in the normal course of business. Our earnings are not considered to be permanently reinvested in certain jurisdictions in which they were earned. We recognize a deferred tax liability on these unremitted earnings to the extent the remittance of such earnings cannot be recovered in a tax-free manner. 

In certain jurisdictions, our cash balances are subject to withholding taxes immediately upon withdrawal of funds to a different jurisdiction. In addition, in order to take advantage of incentive programs offered by various jurisdictions, including tax incentives, we are required to maintain minimum cash balances in these jurisdictions. The transfer of cash from these jurisdictions could result in loss of incentives or higher cash tax expense, but those impacts are not expected to be material.

32

Our cash and cash equivalents balances are held in the following significant currencies (amounts in the tables below have been calculated based on unrounded numbers, accordingly, certain amounts may not appear to recalculate due to the effect of rounding):

As of September 30, 2025(In millions)United States Dollar ("USD")Euro ("EUR")British Pound Sterling ("GBP")Chinese Renminbi ("CNY")OtherUnited Kingdom$0.4 €0.0 £2.2 ¥— United States5.8 0.1 0.0 — The Netherlands561.9 11.4 0.2 — China53.2 — — 571.6 Other52.9 2.1 — — Total$674.2 €13.6 £2.4 ¥571.6 USD Equivalent$15.9 $3.2 $80.3 $17.7 

As of December 31, 2024(In millions)USDEURGBPCNYOtherUnited Kingdom$0.1 €0.0 £3.1