APTV · 10-Q · 2026Q3 · Full report

Balance Sheet and Liquidity

Aptiv PLC · 2026-11-03 · Importance 37 · Surprise 6

At September 30, 2026, Aptiv reported $670 million of cash and cash equivalents and $4.7 billion of net debt. Total available liquidity was $3.180 billion, including $1.998 billion of unused revolving-credit-facility capacity; the $2 billion facility had no borrowings outstanding and approximately $2 million of letters of credit. Approximately $600 million of cash was held by non-U.S. subsidiaries. Aptiv stated that cash, available liquidity and operating cash flows were expected to fund operations, restructuring payments, capital expenditures, debt obligations and separation activities.

Key facts

• Aptiv had approximately $5.4 billion of gross debt and approximately $3.2 billion of available liquidity as of September 30, 2026. source
• Aptiv had cash and cash equivalents of $670 million and net debt of $4.7 billion as of September 30, 2026. source
• Aptiv’s available liquidity was $3.180 billion as of September 30, 2026. source
• Aptiv held approximately $0.6 billion of cash and cash equivalents at non-U.S. subsidiaries as of September 30, 2026. source
• Aptiv expected existing cash, available liquidity, and operating cash flows to remain sufficient to fund global operations, restructuring payments, capital expenditures, debt obligations, and Separation activities. source
• Aptiv did not anticipate needing to accrue and pay additional withholding amounts to distribute non-U.S. subsidiary cash to U.S. operations, based on current liquidity needs and strategies. source
• Aptiv may use short-term financing, including its Revolving Credit Facility and European accounts receivable factoring facility, to manage intra-month working capital needs; its cash balance typically peaks at month end. source
• Aptiv uses dividends, cash pooling arrangements, intercompany loan structures, distributions and advances to provide funds for global liquidity needs, and uses a global cash pooling arrangement to manage cash balances across countries where it operates. source