Company: APTV
Filing Date: 2025-02-07
Form Type: 10-K
Source: 0001521332-25-000010
Chunk: 226

Company: Aptiv PLC
Filing Date: 2025-02-07
Form: 10-K
Item: Item 8
Chunk 226
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 31, 2023:Segment adjusted operating income$1,676 $451 $2,127 Amortization(140)(93)(233)Restructuring(82)(129)(211)Other acquisition and portfolio project costs(60)(20)(80)Asset impairments(15)(3)(18)Compensation expense related to acquisitions— (26)(26)Operating income1,559 Interest expense(285)Other income, net63 Income before income taxes and equity loss1,337 Income tax benefit1,928 Equity loss, net of tax(299)Net income2,966 Net income attributable to noncontrolling interest28 Net income attributable to Aptiv$2,938 Signal and Power SolutionsAdvanced Safety and User ExperienceTotal (in millions)For the Year Ended December 31, 2022:Segment adjusted operating income$1,441 $144 $1,585 Amortization(139)(10)(149)Restructuring(30)(55)(85)Other acquisition and portfolio project costs(15)(11)(26)Asset impairments(8)— (8)Other charges related to Ukraine/Russia conflict (1)(54)— (54)Operating income1,263 Interest expense(219)Other expense, net(54)Income before income taxes and equity loss990 Income tax expense(121)Equity loss, net of tax(279)Net income590 Net loss attributable to noncontrolling interest(3)Net loss attributable to redeemable noncontrolling interest(1)Net income attributable to Aptiv$594 (1)Primarily consists of charges related to the designation of our former majority owned Russian subsidiary as held for sale as of December 31, 2022. Refer to Note 20. Acquisitions and Divestitures for further information.

132

 Signal and Power SolutionsAdvanced Safety and User ExperienceEliminations and Other (1)Total (in millions)Balance as of December 31, 2024: Investment in affiliates$132 $1,301 $— $1,433 Goodwill$2,698 $2,326 $— $5,024 Total segment assets$14,535 $9,585 $(662)$23,458 Balance as of December 31, 2023:Investment in affiliates$148 $1,295 $— $1,443 Good