Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 52

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 1
Chunk 52
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 GAAP and should not be considered an alternative to net income attributable to Aptiv, which is the most directly comparable financial measure to Adjusted Operating Income that is prepared in accordance with U.S. GAAP. Segment Adjusted Operating Income, as determined and measured by Aptiv, should also not be compared to similarly titled measures reported by other companies.Included below are sales, significant expenses and operating data for Aptiv’s segments for the three months ended March 31, 2025 and 2024. Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceEliminations and Other (1)Total (in millions)For the Three Months Ended March 31, 2025:Sales from external customers$2,023 $1,381 $1,421 $— $4,825 Intersegment revenues1 200 3 (204)— Net sales$2,024 $1,581 $1,424 $(204)$4,825 Cost of sales(1,778)(1,166)(1,165)204 (3,905)Selling, general and administrative(124)(148)(112)— (384)Other segment items (2)21 7 8 — 36 Segment adjusted operating income$143 $274 $155 $— $572 Depreciation and amortization$57 $112 $73 $— $242 Equity income (loss), net of tax$5 $— $(15)$— $(10)Net income attributable to noncontrolling interest$1 $— $— $— $1 Net loss attributable to redeemable noncontrolling interest$— $(1)$— $— $(1)Capital expenditures$28 $121 $41 $7 $197 

37

Electrical Distribution SystemsEngineered Components Group Advanced Safety and User ExperienceEliminations and Other (1)Total (in millions)For the Three Months Ended March 31, 2024:Sales from external customers$2,080 $1,393 $1,428 $— $4,901 Intersegment revenues1 203 1 (205)— Net sales$2,081 $1,596 $1,429 $(205)$4,901 Cost of sales(1,849)(1,200)(1,179)