Company: ST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001477294-25-000067
Chunk: 0

Company: Sensata Technologies Holding plc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 0
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Item 1.Financial Statements.

SENSATA TECHNOLOGIES HOLDING PLC

Condensed Consolidated Balance Sheets

(In thousands, except per share amounts)

(unaudited)

March 31,2025December 31,2024AssetsCurrent assets:Cash and cash equivalents$588,139 $593,670 Accounts receivable, net of allowances of $20,271 and $20,524 as of March 31, 2025 and December 31, 2024, respectively695,193 660,180 Inventories661,080 614,455 Prepaid expenses and other current assets153,815 158,934 Total current assets2,098,227 2,027,239 Property, plant and equipment, net812,284 821,653 Goodwill3,383,812 3,383,800 Other intangible assets, net of accumulated amortization of $2,581,634 and $2,561,335 as of March 31, 2025 and December 31, 2024, respectively476,032 492,878 Deferred income tax assets292,334 288,189 Other assets114,449 129,505 Total assets$7,177,138 $7,143,264 Liabilities and shareholders' equityCurrent liabilities:Current portion of long-term debt and finance lease obligations$2,130 $2,414 Accounts payable480,424 362,186 Income taxes payable36,358 29,417 Accrued expenses and other current liabilities274,682 317,341 Total current liabilities793,594 711,358 Deferred income tax liabilities231,120 235,689 Pension and other post-retirement benefit obligations28,733 27,910 Finance lease obligations, less current portion20,627 20,984 Long-term debt, net3,177,278 3,176,098 Other long-term liabilities77,152 80,782 Total liabilities4,328,504 4,252,821 Commitments and contingencies (Note 11)Shareholders’ equity:Ordinary shares, €0.01 nominal value per share, 177,069 shares authorized, and 176,548 and 176,541 shares issued as of March 31, 2025 and December 31, 2024, respectively2,257 2,257 Treasury shares, at