Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 245

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 245
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30, 2025 includes interest income of $24 million, partially offset by a loss on extinguishment of debt of $3 million primarily in conjunction with the repayment of the Term Loan A, as discussed in Note 8. Debt to the consolidated financial statements contained herein.

Other income, net for the three and six months ended June 30, 2024 includes interest income of $16 million and $36 million, respectively.

Refer to Note 16. Other Income, net to the consolidated financial statements contained herein for additional information.

63

Net Gain on Equity Method Transactions

Three Months Ended June 30,20252024Favorable/(unfavorable)(in millions)Net gain on equity method transactions$46 $641 $(595) Six Months Ended June 30, 20252024Favorable/(unfavorable) (in millions)Net gain on equity method transactions$46 $641 $(595)

Net gain on equity method transactions for the three and six months ended June 30, 2025 includes a gain of approximately $33 million recorded as a result of the Motional funding transaction completed in May 2025 and a gain of approximately $13 million from the closing of the sale of TTTech Auto in June 2025. 

Net gain on equity method transactions for the three and six months ended June 30, 2024 includes a gain of approximately $641 million recorded as a result of the Motional funding and ownership restructuring transactions completed in May 2024. 

Refer to Note 21. Investments in Affiliates to the consolidated financial statements contained herein for additional information.

Income TaxesThree Months Ended June 30,20252024Favorable/(unfavorable)(in millions)Income tax expense$45 $51 $6  Six Months Ended June 30, 20252024Favorable/(unfavorable) (in millions)Income tax expense$401 $127 $(274)

The Company’s tax rate is affected by the fact that its parent entity was an Irish resident tax payer and became a Swiss resident tax payer in December 2024, the tax rates in Switzerland, Ireland and other jurisdictions in which the Company operates, the relative amount of income earned by jurisdiction and the relative amount of losses or income for which no tax benefit or expense was recognized due to a valuation allowance. The Company’s effective tax rate is also impacted by the receipt of certain tax incentives and holidays that reduce the effective tax rate for certain subsidiaries below