Company: ST
Filing Date: 2025-11-03
Form Type: 10-Q
Source: 0001477294-25-000131
Chunk: 37

Company: Sensata Technologies Holding plc
Filing Date: 2025-11-03
Form: 10-Q
Item: Item 1
Chunk 37
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 as of September 30, 2025 and December 31, 2024 was entirely recorded in accrued expenses and other current liabilities on our condensed consolidated balance sheets.OtherIn the three months ended June 30, 2024, we initiated certain actions related to restructuring of our IT operations and product lifecycle management including product line discontinuations, which, for the three and nine months ended September 30, 2024, resulted in total costs of $32.5 million and $48.4 million, respectively, including severance, contract termination costs, and inventory charges. Of the costs recognized for the three and nine months ended September 30, 2024, $27.3 million and 

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$40.5 million, respectively, were included within cost of revenue, with the remainder included within restructuring and other charges, net.    

6. Other, Net 

The following table presents the components of other, net for the three and nine months ended September 30, 2025 and 2024: For the three months endedFor the nine months ended September 30, 2025September 30, 2024September 30, 2025September 30, 2024Currency remeasurement (loss)/gain on net monetary assets$(2,179)$(1,310)$(2,239)$3,119 Gain/(loss) on foreign currency forward contracts1,349 (3,851)(2,746)(5,008)Gain on commodity forward contracts6,670 1,200 12,682 7,276 Loss on debt financing transactions— (9,235)— (9,235)Gain/(loss) on equity investments, net (1)798 1,142 1,825 (13,164)Net periodic benefit cost, excluding service cost(586)(593)(1,743)(2,254)Other811 353 2,142 (475)Other, net$6,863 $(12,294)$9,921 $(19,741)___________________________________(1)    The nine months ended September 30, 2024 primarily includes a loss on an equity investment that does not have a readily determinable fair value for which we use the measurement alternative prescribed in FASB ASC Topic 321, Investments—Equity Securities. Refer to Note 13: Fair Value Measures for additional information.

7. Income Taxes

The following table presents the provision