Company: APTV
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001521332-25-000040
Chunk: 199

Company: Aptiv PLC
Filing Date: 2025-07-31
Form: 10-Q
Item: Item 8
Chunk 199
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ivatives Not Designated as HedgesIn certain occasions the Company enters into certain foreign currency and commodity contracts that are not designated as hedges. When hedge accounting is not applied to derivative contracts, gains and losses are recorded to other income, net and cost of sales in the consolidated statements of operations.Fair Value of Derivative Instruments in the Balance SheetThe fair value of derivative financial instruments recorded in the consolidated balance sheets as of June 30, 2025 and December 31, 2024 are as follows: Asset DerivativesLiability DerivativesNet Amounts of Assets and (Liabilities) Presented in the Balance Sheet Balance Sheet LocationJune 30,2025Balance Sheet LocationJune 30,2025June 30,2025 (in millions)Derivatives designated as cash flow hedges:Commodity derivativesOther current assets$18 Accrued liabilities$— Foreign currency derivatives*Other current assets27 Other current assets4 $23 Foreign currency derivatives*Accrued liabilities2 Accrued liabilities3 (1)Commodity derivativesOther long-term assets2 Other long-term liabilities— Foreign currency derivatives*Other long-term assets12 Other long-term assets3 9 Foreign currency derivatives*Other long-term liabilities1 Other long-term liabilities1 — Derivatives designated as net investment hedges:Foreign currency derivativesOther current assets— Accrued liabilities1 Total derivatives designated as hedges$62 $12 Derivatives not designated:Foreign currency derivatives*Other current assets$2 Other current assets$— 2 Total derivatives not designated as hedges$2 $— 

31

 Asset DerivativesLiability DerivativesNet Amounts of Assets and (Liabilities) Presented in the Balance Sheet Balance Sheet LocationDecember 31,2024Balance Sheet LocationDecember 31,2024December 31,2024 (in millions)Derivatives designated as cash flow hedges:Commodity derivativesOther current assets$5 Accrued liabilities$5 Foreign currency derivatives*Other current assets10 Other current assets3 $7 Foreign currency derivatives*Accrued liabilities10 Accrued liabilities80 (70)Commodity derivativesOther long-term assets1 Other long-term liabilities7 Foreign currency derivatives*Other long-term liabilities3 Other long-term liabilities35 (32)Derivatives designated as net investment