Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 38

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 38
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 before reclassifications (nil net tax effect for all periods presented)— — Reclassification to income (nil net tax effect for all periods presented)— — Balance at end of period(13)(24)Unrealized gains (losses) on available-for-sale debt securities:Balance at beginning of period(4)— Other comprehensive income before reclassifications (nil net tax effect for all periods presented) (2)— — Reclassification to income (nil net tax effect for all periods presented)— — Balance at end of period(4)— Accumulated other comprehensive loss, end of period$(1,011)$(698)(1)Includes losses of $50 million and gains of $24 million for the three months ended March 31, 2025 and 2024, respectively, related to non-derivative net investment hedges. Refer to Note 14. Derivatives and Hedging Activities for further description of these hedges.(2)Represents change in fair value for the Company’s investments in StradVision, Inc. (“StradVision”) and MAXIEYE Automotive Technology (Ningbo) Co., Ltd (“Maxieye”), both of which are foreign currency-denominated investments. Refer to Note 15. Fair Value of Financial Instruments for additional information. 

27

Reclassifications from accumulated other comprehensive income (loss) to income for the three months ended March 31, 2025 and 2024 were as follows:Reclassification Out of Accumulated Other Comprehensive Income (Loss)Details About Accumulated Other Comprehensive Income ComponentsThree Months Ended March 31,Affected Line Item in the Statements of Operations20252024(in millions)Gains (losses) on derivatives:Commodity derivatives$(4)$(4)Cost of salesForeign currency derivatives8 48 Cost of sales4 44 Income before income taxes(3)— Income tax expense1 44 Net (loss) income— — Net income attributable to noncontrolling interest$1 $44 Net (loss) income attributable to AptivTotal reclassifications for the period$1 $44 .

14. DERIVATIVES AND HEDGING ACTIVITIES

Cash Flow HedgesAptiv is exposed to market risk, such as fluctuations in foreign currency exchange rates, commodity prices and changes in interest rates, which may result in cash flow risks. To manage the volatility relating to these exposures, Aptiv aggregates the exposures on a consolidated