Company: BCO
Filing Date: 2025-02-26
Form Type: 10-K
Source: 0000078890-25-000059
Chunk: 70

Company: BRINKS CO
Filing Date: 2025-02-26
Form: 10-K
Item: Item 1
Chunk 70
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0 13.4 11.3 9.0 9.4 9.6 Payment from Brink’s— — — 1.3 5.5 1.5 Benefit plan actuarial gain (loss)3.1 (7.6)(5.4)(3.3)(2.3)(1.6)Ending funded status$8.2 14.0 19.9 26.9 39.5 49.0 UMWA plans      Beginning funded status$(77.9)(42.7)(42.2)(41.8)(41.5)(41.4)Net periodic postretirement cost(a)0.6 0.5 0.4 0.3 0.1 (0.1)Benefit plan actuarial gain42.9 — — — — — Other(8.3)— — — — — Ending funded status$(42.7)(42.2)(41.8)(41.5)(41.4)(41.5)Black Lung plans      Beginning funded status$(74.4)(69.8)(64.4)(59.4)(54.9)(50.7)Net periodic postretirement cost(a)(3.6)(3.6)(3.3)(3.1)(2.8)(2.6)Payment from Brink’s8.0 9.0 8.3 7.6 7.0 6.4 Benefit plan actuarial loss0.2 — — — — — Ending funded status$(69.8)(64.4)(59.4)(54.9)(50.7)(46.9)

(a)Excludes amounts reclassified from accumulated other comprehensive income (loss).

Primary U.S. Pension Plan

Pension benefits provided to eligible U.S. employees were frozen on December 31, 2005, and benefits are not provided to employees hired after 2005 or to those covered by a collective bargaining agreement. We did not make cash contributions to the primary U.S. pension plan in 2024. There are approximately 10,300 beneficiaries in the plan.

Based on our current assumptions, we do not expect to make contributions until 2027.

UMWA Plan

Retirement benefits related to former coal operations include