Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 214

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 214
---
 cost (Note 9)(6)(5)(19)(18)Gain (loss) on change in fair value of publicly traded equity securities1 (5)2 (3)Other, net1 (4)4 (4)Other income, net$22 $5 $34 $30 As further described in Note 8. Debt, during the three months ended September 30, 2025, Aptiv partially redeemed for cash certain senior notes, resulting in a net gain on debt extinguishment of approximately $3 million. During the three months ended September 30, 2024, Aptiv fully repaid and terminated the Bridge Credit Agreement and redeemed for cash the entire $700 million in aggregate principal amount outstanding of 2.396% senior unsecured notes due 2025, resulting in a loss on debt extinguishment of approximately $12 million.

17. ACQUISITIONS AND DIVESTITURES

In April 2025, one of Aptiv’s wholly-owned subsidiaries completed the sale of certain assets (net of certain liabilities) that were previously reported within the Advanced Safety and User Experience segment for net cash proceeds of approximately $4 million. As a result of the sale, the Company recognized a pre-tax gain of approximately $5 million during the nine months ended September 30, 2025, within cost of sales in the consolidated statements of operations.The Company had no other business acquisitions or divestitures during the three and nine months ended September 30, 2025 and for the fiscal year ended December 31, 2024.

18. SHARE-BASED COMPENSATION

Long-Term Incentive PlanThe Aptiv PLC 2024 Long-Term Incentive Plan (the “2024 LTIP”), which was approved by the Company’s shareholders in April 2024, allows for the grant of awards of up to 9,880,000 ordinary shares for long-term compensation. Prior to April 2024, the Company issued awards for long-term compensation under the Aptiv PLC Long-Term Incentive Plan, as amended and restated effective April 23, 2015 (the “PLC LTIP”). The Company’s long-term incentive plans were designed to align the interests of management and shareholders. The awards can be in the form of shares, options, stock appreciation rights, restricted stock units (“RSUs”), performance awards and other share-based awards to the employees, directors, consultants and advisors of the Company. The Company has awarded