Company: ROK
Filing Date: 2025-05-07
Form Type: 10-Q
Source: 0001024478-25-000035
Chunk: 16

Company: ROCKWELL AUTOMATION, INC
Filing Date: 2025-05-07
Form: 10-Q
Item: Part I, Item 1
Chunk 16
---
 2025, and September 30, 2024, included cumulative downward adjustments from observed price changes and impairments of $11 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. Total net unrealized losses on investments were $3 million in both the three and six months ended March 31, 2025. Total net unrealized gains on equity securities were $3 million and $5 million in the three and six months ended March 31, 2024, respectively.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.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.

18

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

 10. Retirement Benefits

The components of net periodic pension and postretirement benefit cost were (in millions): Pension Benefits Three Months EndedMarch 31,Six Months EndedMarch 31, 2025202420252024Service cost$11 $9 $21 $19 Interest cost34 37 68 73 Expected return on plan assets(42)(43)(83)(85)Amortization of net actuarial loss7 — 13 — Net periodic pension benefit cost$10 $3 $19 $7  Other Post