Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 97

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 97
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uring and other charges, net$18,166 $140,624 $31,758 $144,897 __________________________(1)      See Note 16: Disposals for additional information on the sale of the Insights Business and the Magnetic Speed and Positioning Business.(2)      Acquisition-related compensation arrangements consist of incentive compensation to previous owners of companies we have acquired. Payment is generally tied to technical and/or financial targets set at the time of acquisition.(3)    Represents charges that are not included in one of the other classifications. The three and nine months ended September 30, 2024 primarily include charges related to the exit of Spear, contract termination costs related to certain product lifecycle management activities in the Sensing Solutions segment and pension settlement costs.The following table presents a rollforward of our severance liability, which is primarily related to the 2H 2024 Plan, for the nine months ended September 30, 2025: TotalBalance as of December 31, 2024$6,087 Charges, net of reversals2,883 Payments(5,422)Foreign currency remeasurement263 Balance as of September 30, 2025$3,811 The severance liability as of September 30, 2025 and December 31, 2024 was entirely recorded in accrued expenses and other current liabilities on our condensed consolidated balance sheets.OtherIn the three months ended June 30, 2024, we initiated certain actions related to restructuring of our IT operations and product lifecycle management including product line discontinuations, which, for the three and nine months ended September 30, 2024, resulted in total costs of $32.5 million and $48.4 million, respectively, including severance, contract termination costs, and inventory charges. Of the costs recognized for the three and nine months ended September 30, 2024, $27.3 million and 

11

$40.5 million, respectively, were included within cost of revenue, with the remainder included within restructuring and other charges, net.    

6. Other, Net 

The following table presents the components of other, net for the three and nine months ended September 30, 2025 and 2024: For the three months endedFor the nine months ended September 30, 2025September 30, 2024September 30, 2025September 30, 2024Currency remeasurement (