Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 240

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 240
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,397 (589)Income tax expense(45)(51)6 (401)(127)(274)Income before equity loss408 977 (569)407 1,270 (863)Equity loss, net of tax(11)(34)23 (21)(103)82 Net income397 943 (546)386 1,167 (781)Net income attributable to noncontrolling interest5 5 — 6 11 (5)Net loss attributable to redeemable noncontrolling interest(1)— (1)(2)— (2)Net income attributable to Aptiv$393 $938 $(545)$382 $1,156 $(774)

Total Net Sales

Below is a summary of our total net sales for the three months ended June 30, 2025 versus June 30, 2024. Three Months Ended June 30,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Total net sales$5,208 $5,051 $157 $96 $38 $23 $— $157 

Total net sales for the three months ended June 30, 2025 increased 3% compared to the three months ended June 30, 2024. Our volumes increased 2% for the period, which primarily reflects volume growth in Asia Pacific and North America, partially offset by volume declines in Europe, compared to increased global automotive production of 2% (flat on an AWM basis). Our net sales also reflect contractual price reductions, net of price recoveries, of $17 million and favorable foreign currency impacts, primarily related to the Euro.

59

 Six Months Ended June 30,Variance Due To: 20242023Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Total net sales$10,033 $9,952 $81 $54 $(26)$53 $— $81 

Total net sales for the six months ended June 30, 2025 increased 1% compared to the six months ended June 30, 2024. Our volumes increased 1% for the period, which primarily reflects volume growth in Asia Pacific, partially offset by volume