Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 124

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 124
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 reconciles Segment Adjusted EBITDA to Income from Continuing Operations Before Income Taxes for the years ended December 31, 2024, 2023 and 2022.Industrial Technologies and ServicesPrecision and Science TechnologiesTotal202420232022202420232022202420232022Revenue$5,818.1 $5,632.8 $4,705.1 1,416.9 1,243.3 1,211.2 $7,235.0 $6,876.1 $5,916.3 Segment cost of sales(1)3,193.3 3,225.0 2,785.5 736.2 648.8 652.4 3,929.5 3,873.8 3,437.9 Segment selling and administrative expenses(2)868.5 818.5 702.5 264.6 222.5 212.6 1,133.1 1,041.0 915.1 Other segment items(3)1.5 2.0 3.1 (2.7)(0.8)(1.3)(1.2)1.2 1.8 Segment Adjusted EBITDA$1,754.8 $1,587.3 $1,214.0 418.8 372.8 347.5 2,173.6 1,960.1 1,561.5 (1)Segment cost of sales excludes adjustments to LIFO inventories, depreciation and amortization expense, restructuring and related business transformation costs, acquisition and other transaction related expenses and non-cash charges.(2)Segment selling and administrative expenses excludes depreciation and amortization expense, restructuring and related business transformation costs, acquisition and other transaction related expenses and non-cash charges.(3)Other miscellaneous segment expenses.202420232022Total Segment Adjusted EBITDA2,173.6 1,960.1 1,561.5 Less items to reconcile Segment Adjusted EBITDA to Income from Continuing Operations Before Income Taxes:Corporate expenses not allocated to segments155.5 173.3 126.7 Interest expense213.2 156.7 103.2 Depreciation and amortization expense(1)478.0 455.4 429.4 Impairment of other intangible assets13