Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 95

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 1
Chunk 95
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 Aptiv, should also not be compared to similarly titled measures reported by other companies. Refer to Note 19. Segment Reporting to the consolidated financial statements contained herein for additional information.

Net sales, gross margin as a percentage of net sales and Adjusted Operating Income by segment for the three and six months ended June 30, 2025 and 2024 are as follows:

Net Sales by Segment Three Months Ended June 30,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Electrical Distribution Systems$2,206 $2,065 $141 $106 $13 $22 $— $141 Engineered Components Group1,723 1,626 97 75 21 1 — 97 Advanced Safety and User Experience1,507 1,554 (47)(53)6 — — (47)Eliminations and Other(228)(194)(34)(32)(2)— — (34)Total$5,208 $5,051 $157 $96 $38 $23 $— $157  Six Months Ended June 30,Variance Due To: 20252024Favorable/(unfavorable)Volume, net of contractual price reductionsFXCommodity pass-throughOtherTotal (in millions)(in millions)Electrical Distribution Systems$4,230 $4,146 $84 $50 $(14)$48 $— $84 Engineered Components Group3,304 3,222 82 92 (14)4 — 82 Advanced Safety and User Experience2,931 2,983 (52)(53)1 — — (52)Eliminations and Other(432)(399)(33)(35)1 1 — (33)Total$10,033 $9,952 $81 $54 $(26)$53 $— $81 

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Gross Margin Percentage by Segment Three Months Ended June 30,Six Months Ended June 30, 2025202420252024Electrical Distribution Systems11.9 %11.8 %12.0 %11.5 %Engineered Components Group25.9 %27.2 %26.1