Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 205

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 205
---
 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 June 30, 2025. 

17. ACQUISITIONS AND DIVESTITURES

In April 2025, one of Aptiv’s wholly-owned subsidiaries completed the sale of certain assets (net of certain liabilities) that were previously reported within the Advanced Safety and User Experience segment for net cash proceeds of approximately $4 million. As a result of the sale, the Company recognized a pre-tax gain of approximately $5 million during the three months ended June 30, 2025, within cost of sales in the consolidated statements of operations.The Company had no other business acquisitions or divestitures during the three and six months ended June 30, 2025 and for the fiscal year ended December 31, 2024.

18. SHARE-BASED COMPENSATION

Long-Term Incentive PlanThe Aptiv PLC 2024 Long-Term Incentive Plan (the “2024 LTIP”), which was approved by the Company’s shareholders in April 2024, allows for the grant of awards of up to 9,880,000 ordinary shares for long-term compensation. Prior to April 2024, the Company issued awards for long-term compensation under the Aptiv PLC Long-Term Incentive Plan, as amended and restated