Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 78

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 78
---
 of the changes in the accrued product warranty liability for the years ended December 31, 2024 and 2023 is as follows.20242023Balance at beginning of period$61.9 $46.2 Product warranty accruals37.5 44.4 Acquired warranty0.7 2.2 Settlements(30.7)(31.2)Foreign currency translation and other(1.5)0.3 Balance at end of period$67.9 $61.9 

Note 12:    Debt

Debt as of December 31, 2024 and 2023 consisted of the following.20242023Short-term borrowings$1.7 $1.0 Long-term debtDollar Term Loan B, due February 2027(1)(2)$— $347.7 Dollar Term Loan, due February 2027(1)(2)— 892.3 5.197% Senior Notes due June 2027(1)699.9 — 5.400% Senior Notes due August 2028(1)498.6 498.2 5.176% Senior Notes due June 2029(1)750.0 — 5.314% Senior Notes due June 2031(1)500.0 — 5.700% Senior Notes due August 2033(1)993.4 992.6 5.450% Senior Notes due June 2034(1)749.5 — 5.700% Senior Notes due June 2054(1)597.6 — Finance leases and other long-term debt14.1 15.2 Swap valuation adjustments(0.3)— Unamortized debt issuance costs(47.0)(23.4)Total long-term debt, net, including current maturities4,755.8 2,722.6 Current maturities of long-term debt1.4 29.6 Total long-term debt, net$4,754.4 $2,693.0 (1)This amount is net of unamortized discounts. Total unamortized discounts were $11.0 million and $9.9 million as of December 31, 2024 and 2023, respectively.(2)The weighted-average interest rate was 7.18% for the