Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 62

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 62
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 proceeds from the May Offering. No shares were sold by the Company.

27

Accumulated Other Comprehensive Income (Loss)Accumulated other comprehensive income (loss) ("AOCI") represents gains and losses affecting stockholders' equity that are not reflected on the Condensed Consolidated Statements of Operations. The Company uses the portfolio approach for releasing income tax effects from AOCI.The following table reflects the changes in AOCI, net of taxes, by component for the periods presented:($ in millions)Gains and Losses On Derivative Instruments1Cumulative Translation Adjustment3Postretirement Benefit Plan Items2TotalBalance as of March 31, 2025$2.3$(16.9)$1.9$(12.7)OCI before reclassifications(1.7)9.8—8.1Amounts reclassified from AOCI1.81.0(0.2)2.6Net current-period OCI0.110.8(0.2)10.7Balance as of June 30, 2025$2.4$(6.1)$1.7$(2.0)Balance as of December 31, 2024$0.3$(19.6)$2.1$(17.2)OCI before reclassifications(1.4)12.5—11.1Amounts reclassified from AOCI3.51.0(0.4)4.1Net current-period OCI2.113.5(0.4)15.2Balance as of June 30, 2025$2.4$(6.1)$1.7$(2.0)Balance as of March 31, 2024$—$(13.3)$2.2$(11.1)OCI before reclassifications—(1.7)—(1.7)Amounts reclassified from AOCI——(0.1)(0.1)Net current-period OCI—(1.7)(0.1)(1.8)Balance as of June 30, 2024$—$(15.0)$2.1$(12.9)Balance as of December 31, 2023$—$(9.9)$2.4$(7.5)OCI before reclassifications—(5.1)—(5.1)Amounts reclassified from AOCI——(0.3)(0.3)Net current-period OCI—(5.1)(0.3)(