Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 41

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 41
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75 million as of March 31, 2025 and December 31, 2024, respectively.Derivatives Not Designated as HedgesIn certain occasions the Company enters into certain foreign currency and commodity contracts that are not designated as hedges. When hedge accounting is not applied to derivative contracts, gains and losses are recorded to other income, net and cost of sales in the consolidated statements of operations.

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Fair Value of Derivative Instruments in the Balance SheetThe fair value of derivative financial instruments recorded in the consolidated balance sheets as of March 31, 2025 and December 31, 2024 are as follows: Asset DerivativesLiability DerivativesNet Amounts of Assets and (Liabilities) Presented in the Balance Sheet Balance Sheet LocationMarch 31,2025Balance Sheet LocationMarch 31,2025March 31,2025 (in millions)Derivatives designated as cash flow hedges:Commodity derivativesOther current assets$20 Accrued liabilities$— Foreign currency derivatives*Other current assets9 Other current assets3 $6 Foreign currency derivatives*Accrued liabilities8 Accrued liabilities50 (42)Commodity derivativesOther long-term assets2 Other long-term liabilities1 Foreign currency derivatives*Other long-term assets1 Other long-term assets— 1 Foreign currency derivatives*Other long-term liabilities2 Other long-term liabilities10 (8)Total derivatives designated as hedges$42 $64 Derivatives not designated:Foreign currency derivatives*Accrued liabilities$— Accrued liabilities$1 (1)Total derivatives not designated as hedges$— $1  Asset DerivativesLiability DerivativesNet Amounts of Assets and (Liabilities) Presented in the Balance Sheet Balance Sheet LocationDecember 31,2024Balance Sheet LocationDecember 31,2024December 31,2024 (in millions)Derivatives designated as cash flow hedges:Commodity derivativesOther current assets$5 Accrued liabilities$5 Foreign currency derivatives*Other current assets10 Other current assets3 $7 Foreign currency derivatives*Accrued liabilities10 Accrued liabilities80 (70)Commodity derivativesOther long-term assets1 Other long-term liabilities7 Foreign currency derivatives*Other long-term liabilities3 Other long-term liabilities35 (32)Derivatives designated as