Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 0

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 0
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ITEM 1. FINANCIAL STATEMENTS

APTIV PLC

CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited)Three Months Ended March 31, 20252024 (in millions, except per share amounts)Net sales$4,825 $4,901 Operating expenses:Cost of sales3,905 4,023 Selling, general and administrative384 366 Amortization51 54 Restructuring (Note 7)37 39 Total operating expenses4,377 4,482 Operating income448 419 Interest expense(93)(65)Other income, net (Note 16)— 15 Income before income taxes and equity loss355 369 Income tax expense (Note 11)(356)(76)(Loss) income before equity loss(1)293 Equity loss, net of tax(10)(69)Net (loss) income(11)224 Net income attributable to noncontrolling interest1 6 Net loss attributable to redeemable noncontrolling interest(1)— Net (loss) income attributable to Aptiv$(11)$218 Basic net (loss) income per share:Basic net (loss) income per share attributable to Aptiv$(0.05)$0.79 Weighted average number of basic shares outstanding230.16 275.19 Diluted net (loss) income per share:Diluted net (loss) income per share attributable to Aptiv$(0.05)$0.79 Weighted average number of diluted shares outstanding230.16 275.31 

See notes to consolidated financial statements.

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APTIV PLC

CONSOLIDATED STATEMENTS OF COMPREHENSIVE INCOME (Unaudited)Three Months Ended March 31, 20252024 (in millions)Net (loss) income$(11)$224 Other comprehensive income (loss):Currency translation adjustments105 (71)Net change in unrecognized gain on derivative instruments, net of tax (Note 14)62 15 Other comprehensive income (loss)167 (56)Comprehensive income156 168 Comprehensive income attributable to noncontrolling interests1 5 Comprehensive income (loss) attributable to redeemable noncontrolling interest3 (2)Comprehensive income attributable to Aptiv$152 $165 

See notes to consolidated financial statements.

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 APTIV PLC

CONSOLIDATED BALANCE