Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES
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Item 15. EXHIBITS, FINANCIAL STATEMENT SCHEDULES
(a) The following documents are filed as part of this Form 10-K.
(1) Financial Statements:
| Page No. | |||||
| — Reports of Independent Registered Public Accounting Firm (PCAOB ID: 42) | 65 | ||||
| — Consolidated Statements of Operations for the Years Ended December 31, 2024, 2023 and 2022 | 69 | ||||
| — Consolidated Statements of Comprehensive Income for the Years Ended December 31, 2024, 2023 and 2022 | 70 | ||||
| — Consolidated Balance Sheets as of December 31, 2024 and 2023 | 71 | ||||
| — Consolidated Statements of Cash Flows for the Years Ended December 31, 2024, 2023 and 2022 | 72 | ||||
| — Consolidated Statements of Redeemable Noncontrolling Interest and Shareholders’ Equity for the Years Ended December 31, 2024, 2023 and 2022 | 74 | ||||
| — Notes to Consolidated Financial Statements | 76 |
(2) Financial Statement Schedule:
SCHEDULE II—VALUATION AND QUALIFYING ACCOUNTS AND RESERVES
| Additions | |||||||||||||||||||||||||||||
| Balance at Beginning of Period | Charged to Costs and Expenses | Deductions | Other Activity | Balance at End of Period | |||||||||||||||||||||||||
| (in millions) | |||||||||||||||||||||||||||||
| December 31, 2024: | |||||||||||||||||||||||||||||
| Allowance for doubtful accounts | $ | 52 | $ | 11 | $ | (24) | $ | (2) | $ | 37 | |||||||||||||||||||
| Tax valuation allowance (a) | $ | 3,032 | $ | 70 | $ | (1,382) | $ | (16) | $ | 1,704 | |||||||||||||||||||
| December 31, 2023: | |||||||||||||||||||||||||||||
| Allowance for doubtful accounts | $ | 52 | $ | 12 | $ | (12) | $ | — | $ | 52 | |||||||||||||||||||
| Tax valuation allowance (a) | $ | 756 | $ | 2,264 | $ | (2) | $ | 14 | $ | 3,032 | |||||||||||||||||||
| December 31, 2022: | |||||||||||||||||||||||||||||
| Allowance for doubtful accounts | $ | 37 | $ | 27 | $ | (12) | $ | — | $ | 52 | |||||||||||||||||||
| Tax valuation allowance (a) | $ | 766 | $ | 57 | $ | (83) | $ | 16 | $ | 756 |
(a)Additions Charged to Costs and Expenses and Deductions are partially related to changes in taxable losses during the year with no impact on the effective tax rate.
The other schedules have been omitted because they are not applicable, not required or the information to be set forth therein is included in the Consolidated Financial Statements or notes thereto.
(3) Exhibits: (including those incorporated by reference)
- Filed herewith.
+ Management contract or compensatory plan or arrangement.
Filed electronically with the Report.
SIGNATURES
Pursuant to the requirements of Section 13 or 15(d) of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.
| APTIV PLC | ||||||||
| /s/ Varun Laroyia | ||||||||
| By: Varun Laroyia | ||||||||
| Executive Vice President and Chief Financial Officer | ||||||||
Dated: February 7, 2025
Pursuant to the requirements of the Securities Exchange Act of 1934, this report has been signed below as of February 7, 2025, by the following persons on behalf of the registrant and in the capacities indicated:
| Signature | Title | |||||||
| /s/ Kevin P. Clark | Chairman and Chief Executive Officer (Principal Executive Officer) | |||||||
| Kevin P. Clark | ||||||||
| /s/ Varun Laroyia | Executive Vice President and Chief Financial Officer (Principal Financial Officer) | |||||||
| Varun Laroyia | ||||||||
| /s/ Allan J. Brazier | Vice President and Chief Accounting Officer (Principal Accounting Officer) | |||||||
| Allan J. Brazier | ||||||||
| /s/ Nancy E. Cooper | Director | |||||||
| Nancy E. Cooper | ||||||||
| /s/ Joseph L. Hooley | Director | |||||||
| Joseph L. Hooley | ||||||||
| /s/ Vasumati P. Jakkal | Director | |||||||
| Vasumati P. Jakkal | ||||||||
| /s/ Merit E. Janow | Director | |||||||
| Merit E. Janow | ||||||||
| /s/ Sean O. Mahoney | Director | |||||||
| Sean O. Mahoney | ||||||||
| /s/ Paul M. Meister | Director | |||||||
| Paul M. Meister | ||||||||
| /s/ Robert K. Ortberg | Director | |||||||
| Robert K. Ortberg | ||||||||
| /s/ Colin J. Parris | Director | |||||||
| Colin J. Parris | ||||||||
| /s/ Ana G. Pinczuk | Director | |||||||
| Ana G. Pinczuk |
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