Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 70

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 70
---
 depreciation in our non-GAAP measures and we adjusted operating income and net income to exclude the amortization of all our intangible assets. The three and nine months ended September 30, 2024 have not been recast. If we had recast this non-GAAP measure for the three and nine months ended September 30, 2024, adjusted operating income and adjusted net income would have increased by an additional $1.2 million and $4.4 million, respectively.

The following table provides a reconciliation of net cash provided by operating activities in accordance with U.S. GAAP to free cash flow. 

For the nine months ended September 30, (In millions)20252024Net cash provided by operating activities (GAAP)$420.0 $380.8 Additions to property, plant and equipment and capitalized software(81.6)(126.8)Free cash flow (non-GAAP)$338.4 $254.1 

The following table provides a reconciliation of corporate and other expenses in accordance with U.S. GAAP to adjusted corporate and other expenses. 

For the three months ended September 30, For the nine months ended September 30, (In millions)2025202420252024Corporate and other expenses (GAAP)$(100.1)$(102.3)$(238.4)$(244.0)Restructuring related and other37.8 34.2 66.4 60.5 Financing and other transaction costs1.3 19.2 2.6 24.6 Total adjustments39.1 53.4 69.1 85.1 Adjusted corporate and other expenses (non-GAAP)$(61.1)$(49.0)$(169.3)$(158.9)

The following table provides a reconciliation of net (loss)/income in accordance with U.S. GAAP to adjusted EBITDA. 

For the three months ended September 30, For the nine months ended September 30, (In millions)LTM2025202420252024Net (loss)/income$(26.1)$(162.5)$(25.0)$(31.9)$122.7 Interest expense, net136.1 32.4 33.1 99.3 102.8 Provision for/(benefit from) income taxes109.3 14.1 (219.6)79.9 (169.