Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 51

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 51
---
 measured at fair value on a nonrecurring basis include long-lived assets, intangible assets, equity investments without readily determinable fair values and liabilities for exit or disposal activities measured at fair value upon initial recognition. Aptiv recorded non-cash long-lived asset impairment charges of $4 million during the three months ended June 30, 2025 within cost of sales, primarily related to the declines in the fair value of certain fixed assets in connection with a planned site exit. Aptiv recorded non-cash long-lived asset impairment charges of $9 million during the six months ended June 30, 2025 within cost of sales, primarily related to the declines in the fair value of certain fixed assets in connection with the consolidation of certain business operations and in connection with a planned site exit. Aptiv recorded non-cash long-lived asset impairment charges of $14 million for the six months ended June 30, 2024 within cost of sales, primarily related to an operating lease right-of-use asset that will no longer be in use during the remaining lease term. Fair value of long-lived and other assets is determined primarily using the anticipated cash flows discounted at a rate commensurate with the risk involved and a review of appraisals or other market indicators and management estimates. As such, Aptiv has determined that the fair value measurements of long-lived and other assets principally fall in Level 3 of the fair value hierarchy.

36

16. OTHER INCOME, NET

Other income, net included: Three Months Ended June 30,Six Months Ended June 30,2025202420252024 (in millions)Interest income$13 $16 $24 $36 Loss on extinguishment of debt— — (3)— Components of net periodic benefit cost other than service cost (Note 9)(7)(7)(13)(13)Gain on change in fair value of publicly traded equity securities3 3 1 2 Other, net3 (2)3 — Other income, net$12 $10 $12 $25 

During the three months ended June 30, 2025 and 2024, net unrealized gains of $3 million were recognized for publicly traded equity securities still held as of June 30, 2025. During the six months ended June 30, 2025 and 2024, net unrealized gains of $1 million and $2 million, respectively, were recognized for publicly traded equity securities still held as of