Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 226

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 226
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)4,976 Asia Pacific2,037 1,697 719 (208)4,245 South America202 103 — (14)291 Total net sales$6,516 $5,018 $4,373 $(662)$15,245 

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For the Nine Months Ended September 30, 2024:Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceEliminations and OtherTotal(in millions)Geographic MarketNorth America$2,549 $1,617 $1,540 $(251)$5,455 Europe, Middle East and Africa1,502 1,546 2,048 (126)4,970 Asia Pacific1,955 1,525 822 (199)4,103 South America175 116 — (13)278 Total net sales$6,181 $4,804 $4,410 $(589)$14,806 Revenue by core product line for the three and nine months ended September 30, 2025 and 2024 are as follows: Three Months Ended September 30,Nine Months Ended September 30, 2025202420252024 (in millions)Electrical Distribution Systems$2,286 $2,035 $6,516 $6,181 Engineered Components Group1,714 1,582 5,018 4,804 Active Safety783 768 2,333 2,212 Smart Vehicle Compute and Software137 109 408 361 User Experience and Other539 564 1,679 1,880 Eliminations(17)(14)(47)(43)Advanced Safety and User Experience1,442 1,427 4,373 4,410 Eliminations(230)(190)(662)(589)Total net sales$5,212 $4,854 $15,245 $14,806 Contract BalancesContract liabilities solely consist of deferred revenue. As of September 30, 2025 and December 31, 2024, the balance of contract liabilities was $99 million (of which $83 million was recorded in other current liabilities and $16 million was recorded in other long-term liabilities) and $124 million (of which $111 million was recorded in other current liabilities and $13 million was recorded in other long-term liabilities), respectively. The decrease in the contract liabilities balance