Company: ST
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001477294-25-000119
Chunk: 15

Company: Sensata Technologies Holding plc
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 2
Chunk 15
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 Financing and other transaction costs0.3 1.8 1.4 5.4 Total adjustments13.2 25.9 30.0 31.8 Adjusted corporate and other expenses (non-GAAP)$(55.8)$(51.8)$(108.3)$(110.0)

The following table provides a reconciliation of net income in accordance with U.S. GAAP to adjusted EBITDA. 

For the three months ended June 30, For the six months ended June 30, (In millions)LTM2025202420252024Net income$111.3 $60.7 $71.7 $130.6 $147.7 Interest expense, net136.8 33.2 35.1 66.9 69.7 (Benefit from)/provision for income taxes(124.3)45.1 27.3 65.8 49.9 Depreciation expense174.4 33.3 33.5 74.3 67.0 Amortization of intangible assets109.9 21.2 39.1 41.8 77.6 EBITDA408.1 193.5 206.6 379.4 411.9 Non-GAAP adjustmentsRestructuring related and other285.9 16.0 26.7 27.0 28.7 Financing and other transaction costs135.3 3.6 2.5 9.0 6.8 Other, net11.0 (0.9)(4.1)(3.1)7.4 Adjusted EBITDA$840.3 $212.1 $231.7 $412.3 $454.9 

30

The following table provides a reconciliation of total debt and finance lease obligations in accordance with U.S. GAAP to gross and net leverage ratios. 

(Dollars in millions)June 30,2025December 31,2024Current portion of long-term debt and finance lease obligations$2.2 $2.4 Finance lease obligations, less current portion20.0 21.0 Long-term debt, net3,178.5 3,176.1 Total debt and finance lease obligations3,200.6 3,199.5 Plus: debt premium