Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 24

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 24
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Item 1.Financial Statements.

SENSATA TECHNOLOGIES HOLDING PLC

Condensed Consolidated Balance Sheets

(In thousands, except per share amounts)

(unaudited)

September 30,2025December 31,2024AssetsCurrent assets:Cash and cash equivalents$791,347 $593,670 Accounts receivable, net of allowances of $19,228 and $20,524 as of September 30, 2025 and December 31, 2024, respectively724,998 660,180 Inventories641,367 614,455 Prepaid expenses and other current assets150,589 158,934 Total current assets2,308,301 2,027,239 Property, plant and equipment, net775,748 821,653 Goodwill3,158,164 3,383,800 Other intangible assets, net of accumulated amortization of $2,569,868 and $2,561,335 as of September 30, 2025 and December 31, 2024, respectively430,137 492,878 Deferred income tax assets289,428 288,189 Other assets108,181 129,505 Total assets$7,069,959 $7,143,264 Liabilities and shareholders' equityCurrent liabilities:Current portion of long-term debt and finance lease obligations$2,234 $2,414 Accounts payable461,021 362,186 Income taxes payable35,284 29,417 Accrued expenses and other current liabilities295,872 317,341 Total current liabilities794,411 711,358 Deferred income tax liabilities235,716 235,689 Pension and other post-retirement benefit obligations32,616 27,910 Finance lease obligations, less current portion19,596 20,984 Long-term debt, net3,181,373 3,176,098 Other long-term liabilities87,740 80,782 Total liabilities4,351,452 4,252,821 Commitments and contingencies (Note 11)Shareholders’ equity:Ordinary shares, €0.01 nominal value per share, 177,069 shares authorized, and 176,907 and 176,541 shares issued as of September 30, 2025 and December 31, 2024, respectively2,261 2,257 Treasury shares, at