Company: ST
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001477294-25-000119
Chunk: 21

Company: Sensata Technologies Holding plc
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 1
Chunk 21
---
Item 1.Financial Statements.

SENSATA TECHNOLOGIES HOLDING PLC

Condensed Consolidated Balance Sheets

(In thousands, except per share amounts)

(unaudited)

June 30,2025December 31,2024AssetsCurrent assets:Cash and cash equivalents$661,777 $593,670 Accounts receivable, net of allowances of $19,338 and $20,524 as of June 30, 2025 and December 31, 2024, respectively785,192 660,180 Inventories636,021 614,455 Prepaid expenses and other current assets157,030 158,934 Total current assets2,240,020 2,027,239 Property, plant and equipment, net806,003 821,653 Goodwill3,383,845 3,383,800 Other intangible assets, net of accumulated amortization of $2,562,191 and $2,561,335 as of June 30, 2025 and December 31, 2024, respectively453,582 492,878 Deferred income tax assets279,301 288,189 Other assets107,321 129,505 Total assets$7,270,072 $7,143,264 Liabilities and shareholders' equityCurrent liabilities:Current portion of long-term debt and finance lease obligations$2,156 $2,414 Accounts payable469,863 362,186 Income taxes payable41,246 29,417 Accrued expenses and other current liabilities313,847 317,341 Total current liabilities827,112 711,358 Deferred income tax liabilities241,090 235,689 Pension and other post-retirement benefit obligations31,298 27,910 Finance lease obligations, less current portion19,968 20,984 Long-term debt, net3,178,457 3,176,098 Other long-term liabilities91,936 80,782 Total liabilities4,389,861 4,252,821 Commitments and contingencies (Note 11)Shareholders’ equity:Ordinary shares, €0.01 nominal value per share, 177,069 shares authorized, and 176,868 and 176,541 shares issued as of June 30, 2025 and December 31, 2024, respectively2,260 2,257 Treasury shares, at