v3.26.1
Segment Reporting (Tables)
 6 Months Ended
Jun. 30, 2026
Segment Reporting [Abstract]  
Segment Reporting
Included below are sales, significant expenses and operating data for Aptiv’s segments for the three and six months ended June 30, 2026 and 2025.
Engineered ComponentsIntelligent SystemsEliminations and Other (1)Total
(in millions)
For the Three Months Ended June 30, 2026:
Sales from external customers$1,781 $1,493 $— $3,274 
Intersegment revenues19 8 (27)— 
Net sales$1,800 $1,501 $(27)$3,274 
Cost of sales(1,303)(1,223)27 (2,499)
Selling, general and administrative(193)(139)— (332)
Other segment items (2)13 17 — 30 
Segment adjusted operating income$317 $156 $— $473 
Depreciation and amortization$115 $80 $— $195 
Operating income$267 $100 $— $367 
Net gain on equity method transactions$— $3 $— $3 
Equity loss, net of tax$— $(17)$— $(17)
Net loss attributable to redeemable noncontrolling interest$(1)$— $— $(1)
Capital expenditures$78 $34 $13 $125 
Engineered ComponentsIntelligent SystemsEliminations and Other (1)Total
(in millions)
For the Three Months Ended June 30, 2025:
Sales from external customers$1,696 $1,503 $— $3,199 
Intersegment revenues22 4 (26)— 
Net sales$1,718 $1,507 $(26)$3,199 
Cost of sales(1,274)(1,220)26 (2,468)
Selling, general and administrative(188)(139)— (327)
Other segment items (2)3 3 — 6 
Segment adjusted operating income$259 $151 $— $410 
Depreciation and amortization$115 $75 $— $190 
Operating income$209 $116 $— $325 
Net gain on equity method transactions$— $46 $— $46 
Equity loss, net of tax$— $(14)$— $(14)
Net income attributable to noncontrolling interest$— $— $5 $5 
Net loss attributable to redeemable noncontrolling interest$(1)$— $— $(1)
Capital expenditures$61 $33 $4 $98 
Engineered ComponentsIntelligent SystemsEliminations and Other (1)Total
(in millions)
For the Six Months Ended June 30, 2026:
Sales from external customers$3,385 $2,921 $— $6,306 
Intersegment revenues37 13 (50)— 
Net sales$3,422 $2,934 $(50)$6,306 
Cost of sales(2,500)(2,411)50 (4,861)
Selling, general and administrative(383)(277)— (660)
Other segment items (2)20 24 — 44 
Segment adjusted operating income$559 $270 $— $829 
Depreciation and amortization$229 $155 $— $384 
Operating income$468 $173 $— $641 
Net gain on equity method transactions$— $3 $— $3 
Equity loss, net of tax$— $(34)$— $(34)
Net income attributable to noncontrolling interest
$— $— $3 $3 
Net loss attributable to redeemable noncontrolling interest$(2)$— $— $(2)
Capital expenditures$176 $78 $24 $278 
Engineered ComponentsIntelligent SystemsEliminations and Other (1)Total
(in millions)
For the Six Months Ended June 30, 2025:
Sales from external customers$3,262 $2,924 $— $6,186 
Intersegment revenues36 7 (43)— 
Net sales$3,298 $2,931 $(43)$6,186 
Cost of sales(2,441)(2,386)43 (4,784)
Selling, general and administrative(362)(274)— (636)
Other segment items (2)11 12 — 23 
Segment adjusted operating income$506 $283 $— $789 
Depreciation and amortization$229 $150 $— $379 
Operating income$403 $211 $— $614 
Net gain on equity method transactions$— $46 $— $46 
Equity loss, net of tax$— $(29)$— $(29)
Net income attributable to noncontrolling interest$— $— $6 $6 
Net loss attributable to redeemable noncontrolling interest$(2)$— $— $(2)
Capital expenditures$182 $74 $11 $267 
(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. Net income attributable to noncontrolling interest amounts are attributable to discontinued operations.
(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 attributable to Aptiv for the three and six months ended June 30, 2026 and 2025 are as follows:
Engineered ComponentsIntelligent SystemsTotal
(in millions)
For the Three Months Ended June 30, 2026:
Segment adjusted operating income$317 $156 $473 
Amortization(29)(23)(52)
Restructuring(8)(16)(24)
Separation costs(10)(8)(18)
Other acquisition and portfolio project costs(3)(5)(8)
Asset impairments— (3)(3)
Compensation expense related to acquisitions— (1)(1)
Operating income367 
Interest expense(62)
Other income, net58 
Net gain on equity method transactions3 
Income from continuing operations before income taxes and equity loss366 
Income tax expense(52)
Equity loss, net of tax
(17)
Income from continuing operations297 
Loss from discontinued operations, net of tax(50)
Net income247 
Net loss attributable to redeemable noncontrolling interest(1)
Net income attributable to Aptiv$248 
Engineered ComponentsIntelligent SystemsTotal
(in millions)
For the Three Months Ended June 30, 2025:
Segment adjusted operating income$259 $151 $410 
Amortization(30)(22)(52)
Restructuring(17)(10)(27)
Separation costs(1)— (1)
Other acquisition and portfolio project costs(1)(4)(5)
Asset impairments(1)— (1)
Gain on asset sale— 5 5 
Compensation expense related to acquisitions— (4)(4)
Operating income325 
Interest expense(92)
Other income, net15 
Net gain on equity method transactions 46 
Income from continuing operations before income taxes and equity loss294 
Income tax expense(16)
Equity loss, net of tax(14)
Income from continuing operations264 
Income from discontinued operations, net of tax133 
Net income397 
Net income attributable to noncontrolling interest5 
Net loss attributable to redeemable noncontrolling interest(1)
Net income attributable to Aptiv$393 
Engineered ComponentsIntelligent SystemsTotal
(in millions)
For the Six Months Ended June 30, 2026:
Segment adjusted operating income$559 $270 $829 
Amortization(59)(45)(104)
Restructuring(12)(28)(40)
Separation costs(13)(10)(23)
Other acquisition and portfolio project costs(7)(8)(15)
Asset impairments— (3)(3)
Compensation expense related to acquisitions— (3)(3)
Operating income641 
Interest expense(146)
Other income, net55 
Net gain on equity method transactions3 
Income from continuing operations before income taxes and equity loss553 
Income tax expense(94)
Equity loss, net of tax(34)
Income from continuing operations425 
Income from discontinued operations, net of tax13 
Net income438 
Net income attributable to noncontrolling interest3 
Net loss attributable to redeemable noncontrolling interest(2)
Net income attributable to Aptiv$437 
Engineered ComponentsIntelligent SystemsTotal
(in millions)
For the Six Months Ended June 30, 2025:
Segment adjusted operating income$506 $283 $789 
Amortization(59)(44)(103)
Restructuring(33)(16)(49)
Separation costs(1)— (1)
Other acquisition and portfolio project costs(4)(8)(12)
Asset impairments(6)— (6)
Gain on asset sale— 5 5 
Compensation expense related to acquisitions— (9)(9)
Operating income614 
Interest expense(185)
Other income, net19 
Net gain on equity method transactions46 
Income from continuing operations before income taxes and equity loss494 
Income tax expense(342)
Equity loss, net of tax(29)
Income from continuing operations123 
Income from discontinued operations, net of tax263 
Net income386 
Net income attributable to noncontrolling interest6 
Net loss attributable to redeemable noncontrolling interest(2)
Net income attributable to Aptiv$382 
Engineered ComponentsIntelligent SystemsEliminations and Other (1)Total
(in millions)
Balance as of June 30, 2026:
Investments in affiliates$— $1,255 $— $1,255 
Total segment assets$10,734 $9,856 $(2,594)$17,996 
Balance as of December 31, 2025:
Investments in affiliates$— $1,288 $— $1,288 
Total segment assets$10,236 $9,213 $3,964 $23,413 
(1)Eliminations and Other includes corporate assets and the elimination of inter-segment transactions, and includes assets of discontinued operations of $5,197 million as of December 31, 2025.