Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 255

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 255
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5 includes interest income of $47 million.

Other income, net for the three and nine months ended September 30, 2024 includes interest income of $31 million and $67 million, respectively, partially offset by losses of $5 million and $3 million, respectively, recognized for the change in fair value of publicly traded equity securities. Also, as further discussed in Note 8. Debt to the consolidated financial statements contained herein, during the three months ended September 30, 2024, Aptiv recorded a loss on extinguishment of debt of $12 million in conjunction with the repayment and termination of the Bridge Credit Agreement and redemption of the 2.396% Senior Notes.

Refer to Note 16. Other Income, net to the consolidated financial statements contained herein for additional information.

Net Gain on Equity Method Transactions

Three Months Ended September 30,20252024Favorable/(unfavorable)(in millions)Net gain on equity method transactions$— $— $—  Nine Months Ended September 30, 20252024Favorable/(unfavorable) (in millions)Net gain on equity method transactions$46 $641 $(595)

Net gain on equity method transactions for the nine months ended September 30, 2025 includes a gain of approximately $33 million recorded as a result of the Motional funding transaction completed in May 2025 and a gain of approximately $13 million from the closing of the sale of TTTech Auto AG (“TTTech Auto”) in June 2025. 

Net gain on equity method transactions for the nine months ended September 30, 2024 includes a gain of approximately $641 million recorded as a result of the Motional funding and ownership restructuring transactions completed in May 2024. 

Refer to Note 21. Investments in Affiliates to the consolidated financial statements contained herein for additional information.

67

Income TaxesThree Months Ended September 30,20252024Favorable/(unfavorable)(in millions)Income tax expense$103 $32 $(71) Nine Months Ended September 30, 20252024Favorable/(unfavorable) (in millions)Income tax expense$504 $159 $(345)

The Company’s tax rate is affected by the fact that its parent entity was an Irish resident tax payer and became a Swiss resident tax payer in December 2024, the tax rates in Switzerland, Ireland and other jurisdictions in which the Company operates, the relative amount of income