Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 229

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 229
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, 2025 and 2024 are as follows:

Net Sales by Segment Three Months Ended March 31,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Electrical Distribution Systems$2,024 $2,081 $(57)$(56)$(27)$26 $— $(57)Engineered Components Group1,581 1,596 (15)17 (35)3 — (15)Advanced Safety and User Experience1,424 1,429 (5)— (5)— — (5)Eliminations and Other(204)(205)1 (3)3 1 — 1 Total$4,825 $4,901 $(76)$(42)$(64)$30 $— $(76)

Gross Margin Percentage by Segment Three Months Ended March 31, 20252024Electrical Distribution Systems12.2 %11.1 %Engineered Components Group26.2 %24.8 %Advanced Safety and User Experience18.2 %17.5 %Total19.1 %17.9 %

57

Adjusted Operating Income by Segment

 Three Months Ended March 31,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsOperational performanceOtherTotal (in millions)(in millions)Electrical Distribution Systems$143 $136 $7 $(10)$35 $(18)$7 Engineered Components Group$274 $253 $21 $4 $32 $(15)$21 Advanced Safety and User Experience$155 $155 $— $(3)$45 $(42)$— 

As noted in the table above, Adjusted Operating Income for the three months ended March 31, 2025 as compared to the three months ended March 31, 2024 was impacted by operational performance and volume, including product mix, net of contractual price reductions. Adjusted Operating Income was also impacted by the following items included within Other in the table above:

•$20 million of increased SG&A expense, not including the impact of separation costs and other acquisition and portfolio project costs; 

•$16 million of unfavorable foreign currency impacts; 

•Approximately $15 million of