Company: IR
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001628280-25-037049
Chunk: 63

Company: Ingersoll Rand Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 63
---
 fair value of the assets or liabilities.

28

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of June 30, 2025 and December 31, 2024.June 30, 2025Level 1Level 2Level 3TotalFinancial AssetsTrading securities held in deferred compensation plan(1)$22.0 $— $— $22.0 Interest rate swaps(2)— 23.1 — 23.1 Cross-currency interest rate swaps(3)— 10.3 — 10.3 Foreign currency forwards(4)— 1.2 — 1.2 Total$22.0 $34.6 $— $56.6 Financial LiabilitiesDeferred compensation plans(1)$28.2 $— $— $28.2 Interest rate swaps(2)— 0.6 — 0.6 Cross-currency interest rate swaps(3)— 147.3 — 147.3 Foreign currency forwards(4)— 0.7 — 0.7 Contingent consideration(5)— — 39.8 39.8 Total$28.2 $148.6 $39.8 $216.6 December 31, 2024Level 1Level 2Level 3TotalFinancial AssetsTrading securities held in deferred compensation plan(1)$21.0 $— $— $21.0 Interest rate swaps(2)— 1.4 — 1.4 Cross-currency interest rate swaps(3)— 27.3 — 27.3 Foreign currency forwards(4)— 1.8 — 1.8 Total$21.0 $30.5 $— $51.5 Financial LiabilitiesDeferred compensation plan(1)$28.7 $— $— $28.7 Interest rate swaps(2)— 1.8 — 1.8 Foreign currency forwards(4)— 1.2 — 1.2 Contingent consideration(5)— — 22.2 22.2 Total$28.7 $3.0 $22.2 $53.9 (1)Based on the quoted price of publicly traded mutual funds and other equity securities