Company: ST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001477294-25-000067
Chunk: 10

Company: Sensata Technologies Holding plc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 10
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193,167 Work-in-process149,336 134,423 Raw materials309,348 286,865 Inventories$661,080 $614,455 

11

10. Debt 

The following table presents the components of long-term debt, net and finance lease obligations as of March 31, 2025 and December 31, 2024:Maturity DateMarch 31,2025December 31,20244.0% Senior NotesApril 15, 20291,000,000 1,000,000 4.375% Senior NotesFebruary 15, 2030450,000 450,000 5.875% Senior NotesSeptember 1, 2030500,000 500,000 3.75% Senior NotesFebruary 15, 2031750,000 750,000 6.625% Senior NotesJuly 15, 2032500,000 500,000 Plus: debt premium, net of discount (less: debt discount, net of premium)939 997 Less: deferred financing costs(23,661)(24,899)Long-term debt, net$3,177,278 $3,176,098 Finance lease obligations$22,757 $23,398 Less: current portion(2,130)(2,414)Finance lease obligations, less current portion$20,627 $20,984 Our indebtedness as of March 31, 2025 and December 31, 2024 consists of various tranches of senior unsecured notes as shown in the table above. We also have secured credit facilities (the "Senior Secured Credit Facilities") which provide for our $750.0 million revolving credit facility (the "Revolving Credit Facility") and incremental availability under which additional debt can be issued. Refer to Note 14: Debt of our 2024 Annual Report for additional information related to our indebtedness.Revolving Credit FacilityAs of March 31, 2025, we had $745.8 million available under the Revolving Credit Facility, net of $4.2 million of obligations in respect of outstanding letters of credit issued thereunder. Outstanding letters of credit are issued primarily for the benefit of certain operating activities. As of March 31, 2025, no amounts had been drawn against these outstanding letters of credit.Accrued InterestAccrued interest associated with our outstanding debt is included as a component of accrued expenses