Company: APTV
Filing Date: 2025-10-30
Form Type: 10-Q
Source: 0001521332-25-000051
Chunk: 154

Company: Aptiv PLC
Filing Date: 2025-10-30
Form: 10-Q
Item: Item 2
Chunk 154
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, as the financial information may not necessarily be indicative of results of operations or financial position had the subsidiaries operated as independent entities.

76

Obligor GroupNine Months Ended September 30, 2025(in millions)Net sales$— Gross margin$— Operating loss$(136)Net loss$(274)Net loss attributable to Aptiv$(274)As of September 30, 2025:Current assets (1)$7,662 Long-term assets (1)$790 Current liabilities (2)$6,155 Long-term liabilities (2)$7,848 Noncontrolling interest$— As of December 31, 2024:Current assets (1)$6,969 Long-term assets (1)$692 Current liabilities (2)$5,683 Long-term liabilities (2)$8,126 Noncontrolling interest$— 

(1)Includes current assets of $6,688 million and $6,212 million, and long-term assets of $767 million and $687 million, due from Non-Guarantors as of September 30, 2025 and December 31, 2024, respectively.

(2)Includes current liabilities of $6,073 million and $5,481 million, and long-term liabilities of $226 million and $226 million, due to Non-Guarantors as of September 30, 2025 and December 31, 2024, respectively.

Other Financing

Receivable factoring—Aptiv maintains a €450 million European accounts receivable factoring facility that is available on a committed basis and allows for factoring of receivables denominated in both Euros and U.S. dollars (“USD”). This facility is accounted for as short-term debt and borrowings are subject to the availability of eligible accounts receivable. Collateral is not required related to these trade accounts receivable. This facility became effective on January 1, 2021 and had an initial term of three years, and was renewed for an additional three-year term, effective November 2023, subject to Aptiv’s right to terminate at any time with three months’ notice. After expiration of the new three-year term, either party can terminate with three months’ notice. Borrowings denominated in Euros under the facility bear interest at the three-month Euro Interbank Offered Rate (“EURIBOR”) plus 0.50% and USD borrowings bear interest at two-month SOFR plus 0.68%, with borrow