GAAP net income margin of 5. GAAP operating income margin of 9. GAAP net income margin of 9. Looking ahead, as we navigate a dynamic market environment, we will remain focused on enabling our customers as they transition to a more feature-rich, software-defined future. With these strategic actions and continued commercial momentum, we are confident in our ability to drive further long-term growth and deliver significant value to all of our stakeholders.
Represents global vehicle production weighted to the geographic regions in which the Company generates its revenue "AWM". For the three months ended December 31, , the Company reported U. The Company reported fourth quarter U. Fourth quarter U. Adjusted Operating Income margin was For the year ended December 31, , the Company reported U.
The Company reported full year U. Full year U. During , the Company repurchased All repurchased shares were retired. As previously announced on January 22, , Aptiv intends to execute a tax-free spin-off of its Electrical Distribution Systems business into a new, independent publicly traded company, creating two highly focused public companies strategically positioned to drive incremental value for customers, shareholders and employees.
The transaction is expected to be completed by March 31, The Company will host a conference call to discuss these results at a. The conference ID number is A replay will be available two hours following the conference call. Adjusted Revenue Growth represents the year-over-year change in reported net sales relative to the comparable period, excluding the impact on net sales from currency exchange, commodity movements, acquisitions, divestitures and other transactions.
Adjusted Operating Income represents net income before interest expense, other income expense , net, income tax expense benefit, equity income loss , net of tax, amortization, restructuring, other acquisition and portfolio project costs, which includes costs incurred to integrate acquired businesses and to plan and execute product portfolio transformation actions, including business and product acquisitions and divestitures , asset impairments and other related charges, compensation expense related to acquisitions and gains losses on business divestitures and other transactions.
