Company: ST
Filing Date: 2025-07-29
Form Type: 10-Q
Source: 0001477294-25-000119
Chunk: 95

Company: Sensata Technologies Holding plc
Filing Date: 2025-07-29
Form: 10-Q
Item: Item 8
Chunk 95
---
% Senior Notes$500,000 $515,125 $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 June 30, 2025 and December 31, 2024, we held equity investments under the measurement alternative of $7.3 million and $6.1 million, respectively, which are presented in other assets in the condensed consolidated balance sheets. 

14. Derivative Instruments and Hedging Activities 

Foreign Currency DerivativesAs of June 30, 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)342.5 EURVarious from July 2023 to June 2025Various from July 2025 to June 2027Euro ("EUR") to USD1.11 USDCash flow hedge3,470.5 MXNVarious from July 2023 to June 2025Various from July 2025 to June 2027USD to Mexican Peso ("MXN")20.25 MXNCash flow hedge58.4 GBPVarious from July 2023 to June 2025Various from July 2025 to June 2027British Pound Sterling ("GBP") to USD1.28 USDCash flow hedgeNotional(in millions)Effective Date(s)Maturity Date(s)Index (Exchange Rates)Weighted-Average Strike RateHedge Designation (1)58.2 EURJune 26, 2025July 31, 2025EUR to USD1.17 USDNot designated153.4 USDVarious from March 2024 to May 2024Various from July 2025 to May 2026USD to Chinese Renminbi ("CNY")6.98 CNYNot designated1,071.4 CNYVarious September