Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 232

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 8
Chunk 232
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 30, 2025, the Company’s investment in StradVision was recorded at $151 million. Refer to Note 15. Fair Value of Financial Instruments for additional information. In October 2025, the Company’s existing preferred shares in StradVision were converted to common shares. Following this conversion, Aptiv began accounting for its investment in StradVision under the equity method.In September 2024, the Company’s Advanced Safety and User Experience segment made an investment totaling approximately 399 million RMB (approximately $57 million, using foreign currency rates on the investment date) in preferred equity of Maxieye, a provider of advanced driver-assistance systems and autonomous driving applications. Due to the Company’s redemption rights, the Company’s investment in Maxieye is classified as an available-for-sale debt security within other long-term assets in the consolidated balance sheets, with changes in fair value recorded in other comprehensive income. The Company also agreed to invest an additional 171 million RMB (approximately $24 million, using September 30, 2025 foreign currency rates) in preferred equity of Maxieye, contingent on the achievement of certain technical milestones, which have not yet been met as of September 30, 2025, and the satisfaction of customary closing conditions. As of September 30, 2025, the Company’s investment in Maxieye was recorded at $56 million. Refer to Note 15. Fair Value of Financial Instruments for additional information. As of September 30, 2025, none of the Company’s equity securities were subject to contractual sales restrictions.There were no other material transactions, events or changes in circumstances requiring an impairment or an observable price change adjustment to our investments without readily determinable fair value. The Company continues to monitor these investments to identify potential transactions which may indicate an impairment or an observable price change requiring an adjustment to its carrying value.

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22. SEPARATION OF ELECTRICAL DISTRIBUTION SYSTEMS

On January 22, 2025, the Company announced its intention to pursue a separation of its Electrical Distribution Systems business into a new, independent publicly traded company, through a transaction expected to be treated as a tax-free spin-off to its shareholders (the “Separation”). The Company plans to complete the Separation by March 31, 2026, subject to customary closing conditions.During the three and nine months ended September 30, 2025, the Company incurred costs of $53 million and $100 million, respectively, related to the Separation. These