Company: APTV
Filing Date: 2025-05-01
Form Type: 10-Q
Source: 0001521332-25-000027
Chunk: 199

Company: Aptiv PLC
Filing Date: 2025-05-01
Form: 10-Q
Item: Item 8
Chunk 199
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ations of Segment Adjusted Operating Income to net (loss) income attributable to Aptiv for the three months ended March 31, 2025 and 2024 are as follows:Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceTotal (in millions)For the Three Months Ended March 31, 2025:Segment adjusted operating income$143 $274 $155 $572 Amortization— (29)(22)(51)Restructuring(16)(15)(6)(37)Separation costs(19)— — (19)Other acquisition and portfolio project costs(2)(2)(3)(7)Asset impairments— (5)— (5)Compensation expense related to acquisitions— — (5)(5)Operating income448 Interest expense(93)Other income, net— Income before income taxes and equity loss355 Income tax expense(356)Equity loss, net of tax(10)Net loss(11)Net income attributable to noncontrolling interest1 Net loss attributable to redeemable noncontrolling interest(1)Net loss attributable to Aptiv$(11)

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Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceTotal (in millions)For the Three Months Ended March 31, 2024:Segment adjusted operating income$136 $253 $155 $544 Amortization(1)(30)(23)(54)Restructuring(15)(7)(17)(39)Other acquisition and portfolio project costs(11)(8)(9)(28)Compensation expense related to acquisitions— — (4)(4)Operating income419 Interest expense(65)Other income, net15 Income before income taxes and equity loss369 Income tax expense(76)Equity loss, net of tax(69)Net income224 Net income attributable to noncontrolling interest6 Net income attributable to Aptiv$218  Electrical Distribution SystemsEngineered Components GroupAdvanced Safety and User ExperienceEliminations and Other (1)Total (in millions)Balance as of March 31, 2025: Investment in affiliates$138 $— $1,293 $— $1,431 Total segment assets$5,067 $9,831 $9,712 $(1,508)$23,102 Balance as of December 31, 2024:Investment in affiliates$132 $