Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 205

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 205
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 prices, and are therefore classified as a Level 2 measurement.As of March 31, 2025 and December 31, 2024, the carrying value of the Company’s investment in TTTech Auto was $149 million and $147 million, respectively, which is included in the Advanced Safety and User Experience segment. As of March 31, 2025 and December 31, 2024, the difference between the amount at which the Company’s investment is carried and the amount of the Company’s share of the underlying equity in net assets of TTTech Auto was approximately $117 million and $111 million, respectively. The basis difference is primarily attributable to equity method goodwill associated with the investment, which is not amortized.Technology InvestmentsThe Company has made technology investments in certain non-consolidated affiliates for which Aptiv does not have the ability to exercise significant influence (generally when ownership interest is less than 20%) as described in Note 2. Significant Accounting Policies. Equity investments in non-consolidated affiliates without readily determinable fair values are measured at cost, less impairments, adjusted for observable price changes in orderly transactions for identical or similar investments of the same issuer. Investments in available-for-sale debt securities are measured at fair value based on significant inputs that are not 

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observable in the market. Equity investments in publicly traded equity securities are measured at fair value based on quoted prices for identical assets on active market exchanges.The following is a summary of technology investments, which are classified within other long-term assets in the consolidated balance sheets, as of March 31, 2025 and December 31, 2024:Investment NameSegmentMarch 31, 2025December 31, 2024(in millions)Publicly traded equity securities:Smart Eye ABAdvanced Safety and User Experience$4 $5 Valens Semiconductor Ltd.Engineered Components Groups5 6 Total publicly traded equity securities9 11 Non-publicly traded investments:StradVision, Inc.Advanced Safety and User Experience117 106 MAXIEYE Automotive Technology (Ningbo) Co., LtdAdvanced Safety and User Experience55 55 Other investmentsVarious8 6 Total non-publicly traded investments180 167 Total technology investments$189 $178 In February 2025, the Company’s Advanced Safety and User Experience segment made an investment of approximately 16 billion Korean Won (“KRW”) (approximately $11 million, using foreign currency rates on the investment date) in convertible redeem