Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 211

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 5
Chunk 211
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 benefits, net of tax provision (benefit) of $0.6, $0.1, and $1.12.0 0.1 3.6 Other comprehensive income (loss), net of tax provision (benefit) of $1.3, zero, and $4.5(14.7)20.1 (59.9)Comprehensive income (loss)$(445.0)$14.7 $151.7 

The accompanying notes are an integral part of these financial statements.

53

INGEVITY CORPORATION

Consolidated Balance SheetsDecember 31,In millions, except share and par value data20242023AssetsCash and cash equivalents$68.0 $95.9 Accounts receivable, net of allowance of $0.6 million - 2024 and $1.1 million - 2023141.0 182.0 Inventories, net226.8 308.8 Prepaid and other current assets57.4 71.9 Current assets493.2 658.6 Property, plant, and equipment, net658.9 762.2 Operating lease assets, net50.4 67.1 Goodwill175.2 527.5 Other intangibles, net278.8 336.1 Deferred income taxes117.9 11.6 Restricted investment, net of allowance of $0.2 million - 2024 and $0.2 million - 202381.6 79.1 Strategic investments87.3 99.2 Other assets79.3 81.9 Total Assets$2,022.6 $2,623.3 Liabilities Accounts payable$94.5 $158.4 Accrued expenses58.1 72.3 Accrued payroll and employee benefits27.7 19.9 Current operating lease liabilities16.9 18.7 Notes payable and current maturities of long-term debt61.3 84.4 Income taxes payable5.6 9.2 Current liabilities264.1 362.9 Long-term debt including finance lease obligations1,339.7 1,382.8 Noncurrent operating lease liabilities36.8 48.6 Deferred income taxes56.2 70.9 Other liabilities130.6 126.7 Total Liabilities1