Company: APTV
Filing Date: 2025-02-07
Form Type: 10-K
Source: 0001521332-25-000010
Chunk: 202

Company: Aptiv PLC
Filing Date: 2025-02-07
Form: 10-K
Item: Item 8
Chunk 202
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classification to income (net tax effect of $(1), $(1) and $(2))3 3 8 Balance at end of year(13)(24)(8)Unrealized gains (losses) on available-for-sale debt securities:Balance at beginning of period$— $— $— Other comprehensive income before reclassifications (nil net tax effect for all periods presented) (2)(4)— — Balance at end of period(4)— — Accumulated other comprehensive loss, end of year$(1,174)$(645)$(791)(1)Includes $77 million of gains, $39 million of losses and $74 million of gains for the years ended December 31, 2024, 2023 and 2022, respectively, related to non-derivative net investment hedges. Refer to Note 17. Derivatives and Hedging Activities for further description of these hedges. Includes $6 million of accumulated currency translation adjustment losses reclassified to net income as a result of the liquidation of a foreign subsidiary for the year ended December 31, 2022.(2)Represents change in fair value for the Company’s investments in StradVision and Maxieye, both of which are foreign currency-denominated investments. Refer to Note 18. Fair Value of Financial Instruments for additional information. 

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Reclassifications from accumulated other comprehensive income (loss) to income were as follows:Reclassification Out of Accumulated Other Comprehensive Income (Loss)Details About Accumulated Other Comprehensive Income ComponentsYear Ended December 31,Affected Line Item in the Statement of Operations202420232022(in millions)Foreign currency translation adjustments:Liquidation of foreign subsidiary (1)$— $— $(6)Other income (expense), net— — (6)Income before income taxes— — — Income tax (expense) benefit— — (6)Net income— — — Net income (loss) attributable to noncontrolling interest$— $— $(6)Net income attributable to AptivGains (losses) on derivatives:Commodity derivatives$16 $(28)$(5)Cost of salesForeign currency derivatives122 141 19 Cost of sales138 113 14 Income before income taxes(1)7 (1)Income tax (expense) benefit137 120 13 Net income— — — Net income (