Company: IR
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001628280-25-037049
Chunk: 88

Company: Ingersoll Rand Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 88
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3.4 3.9 8.8 14.6 Acquisition and other transaction related expenses and non-cash charges (d)11.8 27.7 21.6 43.0 Stock-based compensation16.7 14.5 30.9 28.6 Foreign currency transaction losses (gains), net6.0 — 12.8 (0.7)Loss on equity method investments120.9 3.5 127.1 14.2 Loss on extinguishment of debt— 3.0 — 3.0 Adjustments to LIFO inventories7.3 0.4 10.3 7.2 Cybersecurity incident costs (e)(1.1)(0.1)(1.3)0.5 Loss on asbestos sale— 58.8 — 58.8 Interest income on cash and cash equivalents(8.9)(16.3)(19.2)(27.7)Other adjustments (f)(1.6)— (3.8)0.4 Adjusted EBITDA$509.4 $494.6 $969.1 $953.1 Minus:Interest expense$62.7 $50.8 $123.9 $87.6 Income tax provision, as adjusted (g)100.3 92.3 186.0 178.7 Depreciation expense27.6 24.6 55.2 49.3 Amortization of non-acquisition related intangible assets2.5 2.1 4.8 4.2 Interest income on cash and cash equivalents(8.9)(16.3)(19.2)(27.7)Adjusted Net Income$325.2 $341.1 $618.4 $661.0 Free Cash FlowCash flows from operating activities$245.7 $304.9 $502.1 $466.5 Minus:Capital expenditures35.3 21.8 69.0 84.1 Free Cash Flow$210.4 $283.1 $433.1 $382.4 

(a)Depreciation expense excludes $1.3 million and $1.1 million of depreciation of rental equipment for the three month periods ended June 30, 2025 and