v3.26.1
Segment Reporting (Tables)
 3 Months Ended
Mar. 31, 2026
Segment Reporting [Abstract]  
Schedule of Segment Reporting Information, by Segment
Included below are sales, significant expenses and operating data for Aptiv’s segments for the three months ended March 31, 2026 and 2025.
Electrical Distribution SystemsEngineered ComponentsIntelligent SystemsEliminations and Other (1)Total
 (in millions)
For the Three Months Ended March 31, 2026:
Sales from external customers$2,210 $1,448 $1,428 $— $5,086 
Intersegment revenues2 209 5 (216)— 
Net sales$2,212 $1,657 $1,433 $(216)$5,086 
Cost of sales(1,970)(1,228)(1,184)216 (4,166)
Selling, general and administrative(154)(161)(112)— (427)
Other segment items (2)61 3 5 — 69 
Segment adjusted operating income$149 $271 $142 $— $562 
Depreciation and amortization$62 $113 $75 $— $250 
Equity income (loss), net of tax$4 $— $(17)$— $(13)
Net income attributable to noncontrolling interest$3 $— $— $— $3 
Net loss attributable to redeemable noncontrolling interest$— $(1)$— $— $(1)
Capital expenditures$66 $98 $44 $11 $219 
Electrical Distribution SystemsEngineered ComponentsIntelligent SystemsEliminations and Other (1)Total
 (in millions)
For the Three Months Ended March 31, 2025:
Sales from external customers$2,023 $1,381 $1,421 $— $4,825 
Intersegment revenues1 200 3 (204)— 
Net sales$2,024 $1,581 $1,424 $(204)$4,825 
Cost of sales(1,778)(1,166)(1,165)204 (3,905)
Selling, general and administrative(124)(148)(112)— (384)
Other segment items (2)21 7 8 — 36 
Segment adjusted operating income$143 $274 $155 $— $572 
Depreciation and amortization$57 $112 $73 $— $242 
Equity income (loss), net of tax$5 $— $(15)$— $(10)
Net income attributable to noncontrolling interest$1 $— $— $— $1 
Net loss attributable to redeemable noncontrolling interest$— $(1)$— $— $(1)
Capital expenditures$28 $121 $41 $7 $197 
(1)Eliminations and Other includes the elimination of inter-segment transactions. Capital expenditures amounts are attributable to corporate administrative and support functions, including corporate headquarters and certain technical centers.
(2)Other segment items represent costs that are not included in Adjusted operating income, such as other acquisitions and portfolio project costs, goodwill and other asset impairments, compensation expense related to acquisitions and Separation costs, as described above in the definition of Adjusted operating income.
Reconciliation of Segment Adjusted OI to Consolidated Net Income
The reconciliations of Segment Adjusted Operating Income to net income (loss) attributable to Aptiv for the three months ended March 31, 2026 and 2025 are as follows:
Electrical Distribution SystemsEngineered ComponentsIntelligent SystemsTotal
 (in millions)
For the Three Months Ended March 31, 2026:
Segment adjusted operating income$149 $271 $142 $562 
Amortization(1)(30)(22)(53)
Restructuring(46)(4)(12)(62)
Separation costs(57)— — (57)
Other acquisition and portfolio project costs(1)(3)(3)(7)
Asset impairments(7)— — (7)
Compensation expense related to acquisitions— — (2)(2)
Net gain on lease terminations4 — — 4 
Operating income378 
Interest expense(89)
Other expense, net(4)
Income before income taxes and equity loss285 
Income tax expense(81)
Equity loss, net of tax
(13)
Net income191 
Net income attributable to noncontrolling interest3 
Net loss attributable to redeemable noncontrolling interest(1)
Net income attributable to Aptiv$189 
Electrical Distribution SystemsEngineered ComponentsIntelligent SystemsTotal
 (in millions)
For the Three Months Ended March 31, 2025:
Segment adjusted operating income$143 $274 $155 $572 
Amortization— (29)(22)(51)
Restructuring(16)(15)(6)(37)
Separation costs(19)— — (19)
Other acquisition and portfolio project costs(2)(2)(3)(7)
Asset impairments— (5)— (5)
Compensation expense related to acquisitions— — (5)(5)
Operating income448 
Interest expense(93)
Other expense, net— 
Income before income taxes and equity loss355 
Income tax expense(356)
Equity loss, net of tax(10)
Net loss(11)
Net income attributable to noncontrolling interest1 
Net loss attributable to redeemable noncontrolling interest(1)
Net loss attributable to Aptiv$(11)
 Electrical Distribution SystemsEngineered ComponentsIntelligent SystemsEliminations and Other (1)Total
 (in millions)
Balance as of March 31, 2026:
 
Investment in affiliates$142 $— $1,276 $— $1,418 
Total segment assets$6,108 $10,376 $9,846 $(1,127)$25,203 
Balance as of December 31, 2025:
Investment in affiliates$143 $— $1,288 $— $1,431 
Total segment assets$5,575 $10,236 $9,213 $(1,611)$23,413 
(1)Eliminations and Other includes corporate assets and the elimination of inter-segment transactions.