Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 96

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 96
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 Benefit PlansTotalBalance as of December 31, 2021$(29.9)$— $(11.7)$(41.6)Other comprehensive income (loss) before reclassifications(244.3)13.9 26.9 (203.5)Amounts reclassified from accumulated other comprehensive income (loss)(8.6)2.1 (0.1)(6.6)Other comprehensive income (loss)(252.9)16.0 26.8 (210.1)Balance as of December 31, 2022$(282.8)$16.0 $15.1 $(251.7)Other comprehensive income (loss) before reclassifications49.0 7.9 (4.7)52.2 Amounts reclassified from accumulated other comprehensive income (loss)(14.2)(11.7)(2.2)(28.1)Other comprehensive income (loss)34.8 (3.8)(6.9)24.1 Balance as of December 31, 2023$(248.0)$12.2 $8.2 $(227.6)Other comprehensive income (loss) before reclassifications(218.3)2.7 0.8 (214.8)Amounts reclassified from accumulated other comprehensive income (loss)(13.3)(11.8)(1.0)(26.1)Other comprehensive loss(231.6)(9.1)(0.2)(240.9)Balance as of December 31, 2024$(479.6)$3.1 $8.0 $(468.5)(1)All amounts are net of tax. Amounts in parentheses indicate debits.Reclassifications out of accumulated other comprehensive income (loss) for the years ended December 31, 2024, 2023 and 2022 are presented in the following table.Amount Reclassified from Accumulated Other Comprehensive Income (Loss)Details about Accumulated Other Comprehensive Income (Loss) Components202420232022Affected Line(s) in the Statement Where Net Income is PresentedCash flow hedges (interest rate swaps and caps)$(15.7)$(15.6)$2.8 Interest expenseProvision (benefit) for income taxes3.9 3.9 (0.7)Provision for income taxesCash flow hedges (interest rate swaps and caps), net of tax