Company: ROK
Filing Date: 2025-02-10
Form Type: 10-Q
Source: 0001024478-25-000010
Chunk: 66

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-02-10
Form: 10-Q
Item: Part I, Item 8
Chunk 66
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 downward adjustments from observed price changes and impairments of $8 million and $7 million, respectively.We record gains and losses on investments within the Change in fair value of investments line in the Consolidated Statement of Operations. There were no significant unrealized gains or losses on investments in the three months ended December 31, 2024. Total net unrealized gains on equity securities were $2 million in the three months ended December 31, 2023.U.S. GAAP defines fair value as the price that would be received for an asset or paid to transfer a liability (exit price) in an orderly transaction between market participants in the principal or most advantageous market for the asset or liability. U.S. GAAP also classifies the inputs used to measure fair value into the following hierarchy:Level 1: Quoted prices in active markets for identical assets or liabilities.Level 2: Quoted prices in active markets for similar assets or liabilities, quoted prices for identical or similar assets or liabilities in markets that are not active, or inputs other than quoted prices that are observable for the asset or liability.Level 3: Unobservable inputs for the asset or liability.

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Table of ContentsROCKWELL AUTOMATION, INC.NOTES TO CONSOLIDATED FINANCIAL STATEMENTS (continued)(Unaudited)

The methods described above may produce a fair value calculation that may not be indicative of net realizable value or reflective of future fair values. Furthermore, while we believe our valuation methods are appropriate and consistent with other market participants, the use of different methodologies or assumptions to determine the fair value of certain financial instruments could result in a different fair value measurement at the reporting date. We did not have any transfers between levels of fair value measurements during the periods presented.

10. Retirement Benefits

The components of net periodic pension and postretirement benefit cost were (in millions): Pension Benefits Three Months EndedDecember 31, 20242023Service cost$10 $10 Interest cost34 36 Expected return on plan assets(41)(42)Amortization of net actuarial loss6 — Net periodic pension benefit cost$9 $4  Other Postretirement Benefits Three Months EndedDecember 31, 20242023Service cost$— $— Interest cost— 1 Amortization of net actuarial loss1 — Net periodic postretirement benefit cost$1 $1 The service cost component is included in