Company: APTV
Filing Date: 2025-02-07
Form Type: 10-K
Source: 0001521332-25-000010
Chunk: 201

Company: Aptiv PLC
Filing Date: 2025-02-07
Form: 10-K
Item: Item 8
Chunk 201
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 our election. The final settlements under the ASR Agreements are scheduled to occur no later than the second quarter of 2025, and in each case may be accelerated at the option of the applicable counterparty.A summary of the ordinary shares repurchased during the years ended December 31, 2024 and 2023 is as follows:Year Ended December 31,20242023Total number of shares repurchased44,431,332 4,701,558 Average price paid per share$75.40 $84.59 Total (in millions)$3,350 $398 There were no shares repurchased during the year ended December 31, 2022. As of December 31, 2024, approximately $2,515 million of share repurchases remained available under the July 2024 share repurchase program. All previously repurchased shares were retired, and are reflected as a reduction of ordinary share capital for the par value of the shares, with the excess applied as reductions to additional paid-in-capital and retained earnings.Preferred DividendsDuring the year ended December 31, 2023, the Board of Directors declared and paid quarterly cash dividends of approximately $1.375 per MCPS for a total of $32 million during the year.

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16. CHANGES IN ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)

The changes in accumulated other comprehensive income (loss) attributable to Aptiv (net of tax) are shown below.Year Ended December 31,202420232022(in millions)Foreign currency translation adjustments:Balance at beginning of year$(761)$(790)$(588)Aggregate adjustment for the year (1)(275)29 (202)Balance at end of year(1,036)(761)(790)Gains (losses) on derivatives:Balance at beginning of year$140 $7 $(17)Other comprehensive income (loss) before reclassifications (net tax effect of $19, $(1) and $10 )(124)253 37 Reclassification to income (net tax effect of $1, $(7) and $1)(137)(120)(13)Balance at end of year(121)140 7 Pension and postretirement plans:Balance at beginning of year$(24)$(8)$(67)Other comprehensive income (loss) before reclassifications (net tax effect of $(5), $10 and $(26)) 8 (19)51 Re