v3.25.2
Changes in Accumulated Other Comprehensive Income (Tables)
 6 Months Ended
Jun. 30, 2025
Accumulated Other Comprehensive Income (Loss), Net of Tax [Abstract]  
Schedule of Accumulated Other Comprehensive Income
The changes in accumulated other comprehensive income (loss) attributable to Aptiv (net of tax) for the three and six months ended June 30, 2025 and 2024 are shown below:
Three Months Ended June 30,Six Months Ended June 30,
2025202420252024
(in millions)
Foreign currency translation adjustments:
Balance at beginning of period
$(935)$(829)$(1,036)$(761)
Aggregate adjustment for the period (1)
218 (86)319 (154)
Balance at end of period(717)(915)(717)(915)
Gains (losses) on derivatives:
Balance at beginning of period
(59)155 (121)140 
Other comprehensive income before reclassifications (net tax effect of $(12), $(4), $(23) and $(4))
67 (50)128 9 
Reclassification to income (net tax effect of $(2), $2, $(5) and $2)
4 (51)5 (95)
Balance at end of period12 54 12 54 
Pension and postretirement plans:
Balance at beginning of period(13)(24)(13)(24)
Other comprehensive income before reclassifications (net tax effect of $1, $0, $1, and $0)
(2)— (2)— 
Reclassification to income (nil net tax effect for all periods presented)
1 1 1 1 
Balance at end of period(14)(23)(14)(23)
Unrealized gains (losses) on available-for-sale debt securities:
Balance at beginning of period(4)— (4)— 
Other comprehensive income before reclassifications (net tax effect of $(1), $0, $(1) and $0) (2)
9 — 9 — 
Reclassification to income (nil net tax effect for all periods presented)
— — — — 
Balance at end of period5 — 5 — 
Accumulated other comprehensive loss, end of period$(714)$(884)$(714)$(884)
(1)Includes losses of $112 million and $162 million for three and six months ended June 30, 2025, respectively, and gains of $18 million and $42 million for the three and six months ended June 30, 2024, respectively, related to non-derivative net investment hedges. Refer to Note 14. Derivatives and Hedging Activities for further description of these hedges. Includes $6 million of accumulated currency translation adjustment gains reclassified to net income as a result of the sale of the Company’s investment in TTTech Auto AG (“TTTech Auto) during the three months ended June 30, 2025. Refer to Note 21. Investment in Affiliates for additional information.
(2)Represents change in fair value for the Company’s investments in StradVision, Inc. (“StradVision”) and MAXIEYE Automotive Technology (Ningbo) Co., Ltd (“Maxieye”), both of which are foreign currency-denominated investments. Refer to Note 15. Fair Value of Financial Instruments for additional information.
Reclassifications out of Accumulated Other Comprehensive Income
Reclassifications from accumulated other comprehensive income (loss) to income for the three and six months ended June 30, 2025 and 2024 were as follows:
Reclassification Out of Accumulated Other Comprehensive Income (Loss)
Details About Accumulated Other Comprehensive Income ComponentsThree Months Ended June 30,Six Months Ended June 30,Affected Line Item in the Statements of Operations
2025202420252024
(in millions)
Foreign currency translation adjustments:
Sale of equity method investment (1)$6 $— $6 $— Net gain on equity method transactions
6 — 6 — Income before income taxes
— — — — Income tax expense
6 — 6 — Net income
— — — — Net income attributable to noncontrolling interest
$6 $— $6 $— Net income attributable to Aptiv
Gains (losses) on derivatives:
Commodity derivatives$6 $9 $10 $5 Cost of sales
Foreign currency derivatives(12)44 (20)92 Cost of sales
(6)53 (10)97 Income before income taxes
2 (2)5 (2)Income tax expense
(4)51 (5)95 Net income
— — — — Net income attributable to noncontrolling interest
$(4)$51 $(5)$95 Net income attributable to Aptiv
Pension and postretirement plans:
Actuarial losses$(1)$(1)$(1)$(1)Other income, net (2)
(1)(1)(1)(1)Income before income taxes
— — — — Income tax expense
(1)(1)(1)(1)Net income
— — — — Net income attributable to noncontrolling interest
$(1)$(1)$(1)$(1)Net income attributable to Aptiv
Total reclassifications for the period$1 $50 $— $94 
(1)Represents accumulated currency translation adjustment gains reclassified to net income as a result of the sale of the Company’s investment in TTTech Auto during the three months ended June 30, 2025.
(2)These accumulated other comprehensive loss components are included in the computation of net periodic pension cost (see Note 9. Pension Benefits for additional details).