Company: APTV
Filing Date: 2025-02-07
Form Type: 10-K
Source: 0001521332-25-000010
Chunk: 164

Company: Aptiv PLC
Filing Date: 2025-02-07
Form: 10-K
Item: Item 8
Chunk 164
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 to the abandonment of certain fixed assets and declines in the fair values of certain fixed assets.As of December 31, 2024, 2023 and 2022, capital expenditures recorded in accounts payable totaled $222 million, $293 million and $300 million, respectively.

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7. INTANGIBLE ASSETS AND GOODWILL

The changes in the carrying amount of intangible assets and goodwill were as follows as of December 31, 2024 and 2023. See Note 20. Acquisitions and Divestitures for a further description of the goodwill and intangible assets resulting from Aptiv’s acquisitions. As of December 31, 2024As of December 31, 2023 Estimated UsefulLivesGrossCarryingAmountAccumulatedAmortizationNetCarryingAmountGrossCarryingAmountAccumulatedAmortizationNetCarryingAmount (Years)(in millions)(in millions)Amortized intangible assets:Patents and developed technology3-16$1,531 $724 $807 $1,526 $635 $891 Customer relationships7-221,931 888 1,043 1,993 788 1,205 Trade names15-20204 72 132 207 63 144 Total3,666 1,684 1,982 3,726 1,486 2,240 Unamortized intangible assets:In-process research and development—4 — 4 4 — 4 Trade names—154 — 154 155 — 155 Goodwill—5,024 — 5,024 5,151 — 5,151 Total$8,848 $1,684 $7,164 $9,036 $1,486 $7,550 Estimated amortization expense for the years ending December 31, 2025 through 2029 is presented below:Year Ending December 31, 20252026202720282029 (in millions)Estimated amortization expense$210 $210 $200 $165 $110 A roll-forward of the gross carrying amounts of intangible assets for the years ended December 31, 2024 and 2023 is presented below.20242023 (in millions)Balance at January 1$9,036 $8,955 Acquisitions (1)—