Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 172

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 172
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’s financial statements. 

3. INVENTORIES

Inventories are stated at the lower of cost, determined on a first-in, first-out basis, or net realizable value, including direct material costs and direct and indirect manufacturing costs. A summary of inventories is shown below:June 30,2025December 31,2024 (in millions)Productive material$1,544 $1,463 Work-in-process229 199 Finished goods702 658 Total$2,475 $2,320 

4. ASSETS

Other current assets consisted of the following:June 30,2025December 31,2024 (in millions)Value added tax receivable$180 $184 Prepaid insurance and other expenses124 97 Reimbursable engineering costs177 181 Notes receivable5 6 Income and other taxes receivable104 106 Deposits to vendors8 4 Derivative financial instruments (Note 14)43 18 Capitalized upfront fees (Note 20)11 10 Contract assets (Note 20)74 65 Other6 — Total$732 $671 

15

Other long-term assets consisted of the following:June 30,2025December 31,2024 (in millions)Deferred income taxes, net$1,967 $2,281 Unamortized Revolving Credit Facility debt issuance costs7 4 Income and other taxes receivable50 47 Reimbursable engineering costs141 124 Value added tax receivable2 2 Technology investments (Note 21)230 178 Derivative financial instruments (Note 14)11 1 Capitalized upfront fees (Note 20)38 43 Contract assets (Note 20)82 65 Other110 97 Total$2,638 $2,842 

5. LIABILITIES

Accrued liabilities consisted of the following:June 30,2025December 31,2024 (in millions)Payroll-related obligations$393 $344 Employee benefits, including current pension obligations95 143 Income and other taxes payable191 187 Warranty obligations (Note 6)85 62 Restructuring (Note 7)112 102 Customer deposits92 132 Derivative financial instruments (Note 14)2 76 Accrued interest69 90 Div