Company: PRGO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0001585364-25-000122
Chunk: 18

Company: PERRIGO Co plc
Filing Date: 2025-08-06
Form: 10-Q
Item: Item 1
Chunk 18
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H)19.8 31.9 Canadian Dollar (CAD)16.1 35.5 Hungarian Forint (HUF)10.8 6.3 Norwegian Krone (NOK)3.5 6.8 Other(1)11.2 16.9 Total$444.7 $502.5 (1) Number consists of notional amounts of various currencies, none of which individually exceed $10.0 million in either year presented.The maximum term of our forward currency exchange contracts is 60 months.

17

Perrigo Company plc - Item 1Note 10

Effects of Derivatives on the Financial StatementsThe below tables indicate the effects of all derivative instruments on the Condensed Consolidated Financial Statements. All amounts exclude income tax effects. The balance sheet location and gross fair value of our derivative instruments were as follows (in millions): Balance Sheet LocationJune 28, 2025December 31, 2024Designated derivative assets:Foreign currency forward contractsPrepaid expenses and other current assets$2.2 $2.1 Cross-currency swapsOther non-current assets— 14.2 Interest rate swap agreements Interest rate swap agreements 3.5 9.3 Total designated derivative assets$5.7 $25.6 Non-designated derivative assets:Foreign currency forward contracts Prepaid expenses and other current assets$4.8 $3.4 Total non-designated derivatives$4.8 $3.4 Designated derivative liabilities:Foreign currency forward contractsOther accrued liabilities $1.4 $4.1 Cross-currency swapsOther accrued liabilities 97.2 — Cross-currency swapsOther non-current liabilities176.3 46.8 Interest rate swap agreementsOther non-current liabilities22.1 9.0 Total designated derivative liabilities$297.0 $59.9 Non-designated derivative liabilities:Foreign currency forward contractsOther accrued liabilities$4.4 $1.5 Interest rate swap agreementsOther non-current liabilities12.2 13.6 Total non-designated derivative liabilities$16.6 $15.1 The amounts of (income)/expense recognized in earnings related to our non-designated derivatives on the Condensed Consolidated Statements of Operations were as follows (in millions): Three Months EndedSix Months EndedNon-Designated DerivativesIncome Statement LocationJune 28,