APTIV PLC APTV Income Statement

Aptiv plc (APTV)

Income statement / Quarterly

Mar'20	Dec'19	Sep'19	Jun'19	Mar'19	Dec'18	Sep'18	Jun'18	Mar'18	Dec'17	Sep'17	Jun'17	Mar'17	Dec'16	Sep'16	Jun'16	Mar'16	Dec'15	Sep'15	Jun'15	Mar'15	Dec'14	Sep'14	Jun'14	Mar'14	Dec'13	Sep'13	Jun'13	Mar'13	Dec'12	Sep'12	Jun'12	Mar'12	Dec'11	Sep'11	Jun'11	Mar'11
Net sales
3,226	3,596	3,559	3,627	3,575	3,636	3,485	3,684	3,630	3,440	3,148	3,153	3,143	-74	4,091	4,206	4,051	-422	3,631	3,858	3,797	3,778	3,762	4,062	3,897	2,770	4,017	4,240	4,024	2,318	3,663	3,997	4,092	3,900	3,931	4,213	3,997
Operating expenses:
Cost of sales
2,725	2,909	2,882	2,958	2,962	2,967	2,834	2,958	2,947	2,730	2,498	2,498	2,544	-334	3,253	3,346	3,262	-303	2,862	3,076	3,056	3,004	3,041	3,262	3,164	2,133	3,338	3,464	3,339	1,863	3,058	3,272	3,373	3,221	3,294	3,518	3,353
Selling, general and administrative
252	298	262	260	256	242	232	260	259	266	230	231	225	91	278	278	277	38	249	261	255	268	259	261	248	217	228	241	230	202	215	230	228	234	222	240	205
Amortization
36	35	34	43	34	63	31	30	30	30	29	29	29	16	34	34	33	0	23	23	24	23	24	23	24	18	27	26	26	16	20	19	21	23	19	19	18
Restructuring
28	30	61	31	26	9	65	15	20	28	18	31	52	-85	63	154	35	-4	36	17	16	19	46	54	21	42	37	26	32	146	3	8	6	11	3	8	9
Gain on autonomous driving joint venture
1,434	-	-	-	0	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-	-
Total operating expenses
1,607	3,272	3,239	3,292	3,278	3,281	3,162	3,263	3,256	3,054	2,775	2,789	2,850	-312	3,628	3,812	3,607	-269	3,170	3,377	3,351	3,314	3,370	3,600	3,457	2,410	3,630	3,757	3,627	2,227	3,296	3,529	3,628	3,489	3,538	3,785	3,585
Operating income
1,619	324	320	335	297	355	323	421	374	386	373	364	293	238	463	394	444	-153	461	481	446	464	392	462	440	360	387	483	397	91	367	468	464	411	393	428	412
Interest expense
43	41	42	43	38	37	34	36	34	37	35	35	33	32	41	41	41	32	30	30	32	34	33	33	35	37	34	36	36	36	32	33	35	39	37	41	6
Other (expense) income, net
-1	-15	7	6	16	-25	4	-7	30	1	-7	8	-23	-311	-69	-5	1	-47	-11	-2	-54	1	5	3	-17	7	4	5	-34	-10	3	5	7	-28	14	-4	3
Income before income taxes and equity income
1,575	268	285	298	275	293	293	378	370	350	331	337	237	-105	353	348	404	-232	420	449	360	431	364	432	388	330	357	452	327	45	338	440	436	344	370	383	409
Income tax expense
10	30	38	31	33	42	66	83	59	135	31	38	19	-49	57	84	75	-41	61	80	61	74	56	56	69	58	72	73	37	-53	52	98	77	29	87	73	116
Income from continuing operations before equity income
1,565	238	247	267	242	251	227	295	311	215	300	299	218	-56	296	264	329	-191	359	369	299	357	308	376	319	272	285	379	290	98	286	342	359	315	283	310	293
Equity income, net of tax
2	3	5	4	3	6	4	8	5	7	6	7	11	12	10	7	6	6	5	0	5	5	5	3	7	-11	8	10	8	-8	6	8	4	-3	2	6	17
Income from continuing operations
-	-	-	-	-	257	-	-	-	222	306	306	229	-44	306	271	335	-185	364	369	304	362	313	379	326	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, net of tax
-	-	-	-	-	0	-	-	-	55	107	80	123	350	0	0	108	406	54	298	-75	6	12	27	15	-	-	-	-	-	-	-	-	-	-	-	-
Net income
1,567	241	252	271	245	257	231	303	316	277	413	386	352	306	306	271	443	221	418	667	229	368	325	406	341	321	293	389	298	155	292	350	363	312	285	316	310
Net income attributable to noncontrolling interest
-5	11	6	-3	5	10	9	12	9	21	18	17	17	25	13	13	18	29	14	22	20	24	20	24	21	23	22	22	22	19	23	20	21	22	19	18	19
Net income attributable to Aptiv
1,572	230	246	274	240	247	222	291	307	256	395	369	335	281	293	258	425	192	404	645	209	344	305	382	320	298	271	367	276	136	269	330	342	290	266	298	291
Income from continuing operations
-	-	-	-	-	-	-	-	-	207	297	297	220	-37	293	258	320	-176	351	350	288	340	299	360	310	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations
-	-	-	-	-	-	-	-	-	49	98	72	115	318	0	0	105	368	53	295	-79	4	6	22	10	-	-	-	-	-	-	-	-	-	-	-	-
Net income attributable to Aptiv
1,572	230	246	274	240	247	222	291	307	256	395	369	335	281	293	258	425	192	404	645	209	344	305	382	320	298	271	367	276	136	269	330	342	290	266	298	291
Basic net income per share:
Income from continuing operations, per basic share
-	-	-	-	-	0.94	-	-	-	0.78	1.11	1.11	0.82	-0.14	1.08	0.95	1.16	-0.60	1.24	1.22	0.99	1.15	1.00	1.19	1.02	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, per basic share
-	-	-	-	-	0.00	-	-	-	0.19	0.37	0.27	0.42	1.17	0.00	0.00	0.38	1.29	0.19	1.02	-0.27	0.02	0.02	0.07	0.03	-	-	-	-	-	-	-	-	-	-	-	-
Basic net income per share attributable to Aptiv
6.15	0.89	0.96	1.07	0.93	0.94	0.84	1.10	1.16	0.97	1.48	1.38	1.24	1.03	1.08	0.95	1.54	0.69	1.43	2.24	0.72	1.17	1.02	1.26	1.05	0.96	0.88	1.18	0.88	0.45	0.84	1.01	1.04	0.63	0.79	0.88	0.42
Weighted average number of basic shares outstanding
255	255	255	257	259	262	264	264	265	265	266	267	269	270	272	272	276	279	282	287	290	293	298	302	305	306	309	311	314	316	320	325	328	323	336	337	686
Diluted net income per share:
Income from continuing operations, per diluted share
-	-	-	-	-	0.94	-	-	-	0.77	1.11	1.11	0.82	-0.11	1.07	0.94	1.15	-0.59	1.23	1.21	0.99	1.14	1.00	1.19	1.01	-	-	-	-	-	-	-	-	-	-	-	-
Income from discontinued operations, per diluted share
-	-	-	-	-	0.00	-	-	-	0.19	0.37	0.27	0.42	1.16	0.00	0.00	0.38	1.28	0.19	1.02	-0.27	0.02	0.02	0.07	0.03	-	-	-	-	-	-	-	-	-	-	-	-
Diluted net income per share attributable to Aptiv
6.14	0.90	0.96	1.07	0.92	0.94	0.84	1.10	1.15	0.96	1.48	1.38	1.24	1.05	1.07	0.94	1.53	0.69	1.42	2.23	0.72	1.16	1.02	1.26	1.04	0.97	0.87	1.17	0.88	0.44	0.84	1.01	1.04	0.63	0.79	0.88	0.42
Weighted average number of diluted shares outstanding
255	256	256	257	259	263	265	265	266	267	267	268	269	271	272	273	277	281	284	288	291	296	300	303	306	308	310	312	315	317	321	326	328	323	336	337	686
Cash dividends declared per share
-	-	-	-	-	-	-	-	-	-	0.29	0.29	0.29	-	0.29	0.29	0.29	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.25	0.17	0.17	0.17	0.17	0.00	0.00	0.00	0.00	-	-	-	-