Company: BCO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000078890-25-000253
Chunk: 18

Company: BRINKS CO
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 18
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 of the Malaysia subsidiaries as of the acquisition date. We used a probability-weighted approach to estimate the fair value of the contingent consideration. The fair value of the contingent consideration is the full $ 24

Other Financial Instruments

Other financial instruments include cash and cash equivalents, accounts receivable, floating rate debt, accounts payable and accrued liabilities. The financial statement carrying amounts of these items approximate the fair value.

There were no transfers in or out of any of the levels of the valuation hierarchy in the first six months of 2025.

Note 8 - Debt

                                   June 30,                   December 31,               
  (In millions)                    2025                               2024               
 ─────────────────────────────────────────────────────────────────────────────────────────
  Debt:                                                                                  
  Short-term borrowings            $               181.7             149.3               
  Total short-term borrowings      $               181.7             149.3               
  Long-term debt                                                                         
  Bank credit facilities:                                                                
  Term loans (a)                   $             1,257.8                        1,292.2  
  Senior unsecured notes (b)                     1,389.1                        1,387.8  
  Revolving Credit Facility        627.3                             399.7               
  Other facilities (c)             414.4                             432.1               
  Financing leases                 252.8                             235.1               
  Total long-term debt             $             3,941.4                        3,746.9  
  Total debt                       $             4,123.1                        3,896.2  
  Included in:                                                                           
  Current liabilities              $               333.1             291.0               
  Noncurrent liabilities                         3,790.0                        3,605.2  
  Total debt                       $             4,123.1                        3,896.2  

(a) Amounts outstanding are net of unamortized debt costs of $ 2.2 2.8

(b) Amounts outstanding are net of unamortized debt costs of $ 10.9 12.2

(c) Includes Other Revolving Credit Facilities of $ 318 359

Long-Term Debt

Senior Secured Credit Facility

In June 2022, we amended our senior secured credit facility (the “ Senior Secured Credit Facility”) with Bank of America, N. A., as administrative