Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 254

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 254
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, 20252024Favorable/(unfavorable) (in millions)Interest expense$274 $230 $(44)

The decrease in interest expense during the three months ended September 30, 2025 compared to 2024 primarily reflects the redemption of the €700 million in aggregate principal amount of 1.50% Euro-denominated senior unsecured notes due 2025 (the “2015 Euro-denominated Senior Notes”) in December 2024, the full repayment of the $600 million senior unsecured credit facility consisting of a term loan (the “Term Loan A”) in the fourth quarter of 2024 and first quarter of 2025 and the full repayment of our €450 million European accounts receivable factoring facility in the first half of 2025.

 The increase in interest expense during the nine months ended September 30, 2025 compared to 2024 primarily reflects the issuance of $1,650 million in aggregate principal amount of 2024 Senior Notes and the $500 million in aggregate principal amount of 2024 Junior Notes in September 2024, partially offset by the redemption of the $700 million in aggregate principal amount of 2.396% senior unsecured notes (the “2.396% Senior Notes”) due 2025 in September 2024, the redemption of the 2015 Euro-denominated Senior Notes in December 2024, the full repayment of the $600 million Term Loan A in the fourth quarter of 2024 and first quarter of 2025 and the full repayment of our €450 million European accounts receivable factoring facility in the first half of 2025.

Refer to Note 8. Debt to the consolidated financial statements contained herein for additional information.

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 Other Income, NetThree Months Ended September 30,20252024Favorable/(unfavorable)(in millions)Other income, net$22 $5 $17  Nine Months Ended September 30, 20252024Favorable/(unfavorable) (in millions)Other income, net$34 $30 $4 

Other income, net for the three months ended September 30, 2025 includes interest income of $23 million and a net gain on debt extinguishment of $3 million recognized in conjunction with the partial repayment of certain senior notes, as discussed in Note 8. Debt to the consolidated financial statements contained herein. Other income, net for the nine months ended September 30, 202