Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 149

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 2
Chunk 149
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 increase in the valuation allowance associated with the Company’s 2023 Swiss tax benefit, partially offset by $482 million related to changes in operating assets and liabilities, net of restructuring and pension contributions. Cash flows provided by operating activities for the six months ended June 30, 2024 consisted primarily of net earnings of $1,167 million, increased by $501 million for non-cash charges for depreciation, amortization and pension costs, partially offset by $641 million for non-cash gains resulting from the Motional transactions and $343 million related to changes in operating assets and liabilities, net of restructuring and pension contributions.

Investing activities—Net cash used in investing activities totaled $212 million and $829 million for the six months ended June 30, 2025 and 2024, respectively. Cash flows used in investing activities for the six months ended June 30, 2025 primarily consisted of capital expenditures of $346 million, partially offset by proceeds from the sale of equity method investments of $164 million. Cash flows used in investing activities for the six months ended June 30, 2024 primarily consisted of short-term investment purchases of $748 million and capital expenditures of $491 million, partially offset by proceeds from the sale of equity method investments of $448 million. 

Financing activities—Net cash used in financing activities totaled $732 million and $264 million for the six months ended June 30, 2025 and 2024, respectively. Cash flows used in financing activities for the six months ended June 30, 2025 primarily included $458 million in repayments under short-term debt agreements and $250 million for the repayment of the Term Loan A. Cash flows used in financing activities for the six months ended June 30, 2024 primarily included $1,030 million paid to repurchase ordinary shares partially offset by net proceeds of $798 million received from the issuance of the 2024 Euro-denominated Senior Notes.

Off-Balance Sheet Arrangements

We do not engage in any off-balance sheet financial arrangements that have or are reasonably likely to have a material current or future effect on our financial condition, changes in financial condition, revenues or expenses, results of operations, liquidity, capital expenditures or capital resources.

Contingencies and Environmental Matters

The information concerning contingencies, including environmental contingencies and the amount currently held in reserve for environmental matters, contained in Note 10. Commitments and Contingencies to the unaudited consolidated financial statements included in Part I, Item