Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 106

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 8
Chunk 106
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able fair values for which we use the measurement alternative prescribed in FASB ASC Topic 321. Such investments are measured at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the 

16

same issuer. As of September 30, 2025 and December 31, 2024, we held equity investments under the measurement alternative of $7.3 million and $6.1 million, respectively, which are presented in other assets in the condensed consolidated balance sheets. 

14. Derivative Instruments and Hedging Activities 

Foreign Currency DerivativesAs of September 30, 2025, we had the following outstanding foreign currency forward contracts, which had the below hedge accounting designation in accordance with FASB ASC Topic 815, Derivatives and Hedging:Notional(in millions)Effective Date(s)Maturity Date(s)Index (Exchange Rates)Weighted-Average Strike RateHedge Designation (1)337.9 EURVarious from October 2023 to September 2025Various from October 2025 to September 2027Euro ("EUR") to USD1.13 USDCash flow hedge3,273.8 MXNVarious from October 2023 to September 2025Various from October 2025 to September 2027USD to Mexican Peso ("MXN")20.43 MXNCash flow hedge57.7 GBPVarious from October 2023 to September 2025Various from October 2025 to September 2027British Pound Sterling ("GBP") to USD1.30 USDCash flow hedgeNotional(in millions)Effective Date(s)Maturity Date(s)Index (Exchange Rates)Weighted-Average Strike RateHedge Designation (1)106.7 USDVarious from March 2024 to May 2024Various from October 2025 to May 2026USD to Chinese Renminbi ("CNY")6.97 CNYNot designated744.0 CNYVarious September 2024Various from October 2025 to May 2026USD to CNY6.78 CNYNot designated17,341.7 KRWVarious from November 2023 to September 2024Various from October 2025 to July 2026USD to Korean Won ("KRW")1,313.05 KRWNot designated___________________________________(1)    Derivative financial instruments not designated as hedges