Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 115

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 1B
Chunk 115
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 by the Company which are expected to have a material impact on the Company’s consolidated financial position, results of operations or cash flows.  

2.Fair Value Measurements Fair Value Hierarchy Accounting guidance on fair value measurements and disclosures establishes a hierarchy that prioritizes the inputs used to measure fair value (generally, assumptions that market participants would use in pricing an asset or liability) based on the quality and reliability of the information provided by the inputs, as follows: Level 1: Quoted market prices in active markets for identical assets or liabilities. Level 2: Observable market-based inputs or unobservable inputs that are corroborated by market data. Level 3: Unobservable inputs that are not corroborated by market data.   

64

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS - (Continued)(In millions, except share and per share data)  

Fair Values of Other Financial Instruments The following table presents the carrying amounts and estimated fair values of the Company’s other financial instruments at December 31, 2024 and 2023:  

        December 31, 2024

        December 31, 2023

        Input
         
        Carrying

        Fair

        Carrying

        Fair

        Level
         
        Amount

        Value

        Amount

        Value

        Financial Assets:

        Cash equivalents
        Level 1
         
        $
        793.3

        $
        793.3

        $
        217.7

        $
        217.7

        Financial Liabilities:

        Short-term borrowings
        Level 2

        0.0

        0.0

        3.9

        3.9

        Term loan due December 22, 2024
        Level 2

        0.0

        0.0

        200.0

        200.0

        3.15% Senior notes due August 1, 2027
        Level 2

        424.9

        411.1

        424.8

        406.9

        2.3% Senior notes due December 15, 2031
        Level 2

        399.4

        338.9

        399.3

        338.6

        5.6% Senior notes due