Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 71

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 71
---
7)Depreciation expense194.1 53.4 33.7 127.7 100.7 Amortization of intangible assets84.8 19.6 44.7 61.4 122.3 EBITDA498.1 (43.1)(133.1)336.3 278.8 Non-GAAP adjustmentsRestructuring related and other321.0 247.0 211.9 274.0 240.6 Financing and other transaction costs18.4 15.0 131.9 24.0 138.7 Other, net(8.2)(6.9)12.3 (9.9)19.7 Adjusted EBITDA$829.3 $212.1 $223.0 $624.4 $677.9 

31

The following table provides a reconciliation of total debt and finance lease obligations in accordance with U.S. GAAP to gross and net debt balances and leverage ratios. 

(Dollars in millions)September 30,2025December 31,2024Current portion of long-term debt and finance lease obligations$2.2 $2.4 Finance lease obligations, less current portion19.6 21.0 Long-term debt, net3,181.4 3,176.1 Total debt and finance lease obligations3,203.2 3,199.5 Less: debt premium, net0.8 1.0 Less: deferred financing costs(19.4)(24.9)Total gross indebtedness$3,221.8 $3,223.4 Adjusted EBITDA (LTM)$829.3 $882.8 Gross leverage ratio3.93.7Total gross indebtedness$3,221.8 $3,223.4 Less: cash and cash equivalents791.3 593.7 Net debt$2,430.5 $2,629.7 Adjusted EBITDA (LTM)$829.3 $882.8 Net leverage ratio2.93.0

Liquidity and Capital Resources

As of September 30, 2025 and December 31, 2024, we held cash and cash equivalents in the following regions (amounts have been calculated based on unrounded numbers, accordingly, certain amounts may not appear to rec