Company: THS
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001320695-25-000099
Chunk: 57

Company: TreeHouse Foods, Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 57
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The following table identifies the fair value of each derivative instrument: Balance Sheet LocationJune 30, 2025December 31, 2024(In millions)Asset derivativesCommodity contractsPrepaid expenses and other current assets$1.6 $9.1 Interest rate swap agreementsPrepaid expenses and other current assets— 2.2 Interest rate swap agreementsOther assets, net0.1 7.6  $1.7 $18.9 Liability derivativesCommodity contractsAccrued expenses$7.8 $— Interest rate swap agreementsAccrued expenses7.1 0.4  $14.9 $0.4 The fair values of the commodity contracts and interest rate swap agreements are determined using Level 2 inputs. Level 2 inputs are inputs other than quoted market prices that are observable for an asset or liability, either directly or indirectly. The fair values of the commodity contracts and interest rate swap agreements are based on an analysis comparing the contract rates to the market rates at the balance sheet date.

26

TREEHOUSE FOODS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

We recognized the following gains and losses on our derivative contracts in the Condensed Consolidated Statements of Operations:Location of (Loss) Gain Three Months EndedJune 30,Six Months EndedJune 30, Recognized in Net Loss2025202420252024  (In millions)(In millions)Mark-to-market unrealized (loss) gain     Commodity contractsOther expense (income), net$(9.3)$2.3 $(15.3)$1.9 Interest rate swap agreementsOther expense (income), net(5.4)(0.8)(16.4)6.6 Total unrealized (loss) gain $(14.7)$1.5 $(31.7)$8.5 Realized (loss) gain Commodity contractsManufacturing-related to Cost of sales and transportation-related to Selling and distribution$(0.4)$2.3 $10.7 $3.8 Interest rate swap agreementsInterest expense1.4 5.6 4.1 11.2 Total realized gain $1.0 $7.9 $14.8 $15.0 Total (loss) gain $(13.7)$9.4 $(16.9)$23.