Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 50

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 1
Chunk 50
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Total$48 $7  Loss Recognized in Income(in millions)Derivatives not designated:Foreign currency derivatives$(3)Total$(3) 

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Three Months Ended September 30, 2024Gain (Loss) Recognized in OCIGain Reclassified from OCI into Income (in millions)Derivatives designated as cash flow hedges:Commodity derivatives$5 $7 Foreign currency derivatives(69)23 Derivatives designated as net investment hedges:Foreign currency derivatives(3)— Total$(67)$30  Gain Recognized in Income(in millions)Derivatives not designated:Foreign currency derivatives$5 Total$5 Nine Months Ended September 30, 2025Gain (Loss) Recognized in OCIGain (Loss) Reclassified from OCI into Income (in millions)Derivatives designated as cash flow hedges:Commodity derivatives$49 $17 Foreign currency derivatives151 (20)Derivatives designated as net investment hedges:Foreign currency derivatives(1)— Total$199 $(3) Gain Recognized in Income(in millions)Derivatives not designated:Foreign currency derivatives$1 Total$1 Nine Months Ended September 30, 2024Gain (Loss) Recognized in OCIGain Reclassified from OCI into Income (in millions)Derivatives designated as cash flow hedges:Commodity derivatives$61 $12 Foreign currency derivatives(115)115 Total$(54)$127 

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 Gain Recognized in Income(in millions)Derivatives not designated:Foreign currency derivatives$1 Total$1 The gain or loss recognized in income for designated and non-designated derivative instruments was recorded to cost of sales and other income, net in the consolidated statements of operations for the three and nine months ended September 30, 2025 and 2024, respectively.

15. FAIR VALUE OF FINANCIAL INSTRUMENTS

Fair Value Measurements on a Recurring BasisDerivative instruments—All derivative instruments are required to be reported on the balance sheet at fair value unless the transactions qualify and are designated as normal purchases or sales. Changes in fair value are reported currently through earnings unless they meet hedge accounting criteria. Aptiv’s derivative exposures are with counterparties with long-term investment grade credit ratings. Aptiv estimates the fair value of its derivative contracts using an income approach based on valuation techniques to