Company: ST
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001477294-25-000067
Chunk: 14

Company: Sensata Technologies Holding plc
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 14
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$652,500 6.625% Senior Notes$500,000 $495,625 $500,000 $497,500 ___________________________________(1)    Excluding any related debt discounts, premiums, and deferred financing costs.In addition to the above, we hold certain equity investments that do not have readily determinable fair values for which we use the measurement alternative prescribed in FASB ASC Topic 321. Such investments are measured at cost, less any impairment, plus or minus changes resulting from observable price changes in orderly transactions for identical or similar investments of the same issuer. As of March 31, 2025 and December 31, 2024, we held equity investments under the measurement alternative of $7.2 million and $6.1 million, respectively, which are presented in other assets in the condensed consolidated balance sheets. In the three months ended March 31, 2024, we adjusted the carrying value of one of these equity investments as a result of an observable price change, resulting in a loss of $14.8 million.

14

14. Derivative Instruments and Hedging Activities 

Foreign Currency DerivativesAs of March 31, 2025, we had the following outstanding foreign currency forward contracts, which had the below hedge accounting designation in accordance with FASB ASC Topic 815, Derivatives and Hedging:Notional(in millions)Effective Date(s)Maturity Date(s)Index (Exchange Rates)Weighted-Average Strike RateHedge Designation (1)354.8 EURVarious from April 2023 to March 2025Various from April 2025 to March 2027Euro ("EUR") to USD1.10 USDCash flow hedge3,662.9 MXNVarious from April 2023 to March 2025Various from April 2025 to March 2027USD to Mexican Peso ("MXN")19.90 MXNCash flow hedge59.0 GBPVarious from April 2023 to March 2025Various from April 2025 to March 2027British Pound Sterling ("GBP") to USD1.27 USDCash flow hedgeNotional(in millions)Effective Date(s)Maturity Date(s)Index (Exchange Rates)Weighted-Average Strike RateHedge Designation (1)53.5 EURMarch 27, 2025April 30, 2025EUR to USD1.08 USDNot