Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 125

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 125
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.9 — — Restructuring and related business transformation costs(2)32.3 22.9 32.3 Acquisition and other transaction related expenses and non-cash charges(3)59.8 63.9 40.7 Stock-based compensation(4)58.8 51.9 85.6 Foreign currency transaction losses (gains), net3.2 5.1 (5.9)Loss on extinguishment of debt3.0 13.5 1.1 Adjustments to LIFO inventories6.7 12.0 36.1 Cybersecurity incident costs0.5 2.3 — Loss on asbestos sale58.8 — — Gain on settlement of post-acquisition contingencies(5)— — (6.2)Interest income on cash and cash equivalents(43.3)(28.8)(8.0)Other adjustments(6)0.4 0.8 (15.7)Income from Continuing Operations Before Income Taxes$1,132.8 $1,031.1 $742.2 (1)Depreciation and amortization expense excludes $4.0 million, $3.7 million and $3.4 million of depreciation of rental equipment for the years ended December 31, 2024, 2023 and 2022, respectively.(2)Restructuring and related business transformation costs consist of the following.202420232022Restructuring charges$31.2 $19.9 $29.3 Facility reorganization, relocation and other costs1.1 3.0 3.0 Total restructuring and related business transformation costs$32.3 $22.9 $32.3 (3)Represents costs associated with successful and abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.(4)Represents stock-based compensation expense recognized for the year ended December 31, 2022 of $78.9 million and associated employer taxes of $6.7 million.(5)Represents gains from settling post-acquisition contingencies related to the Merger outside of the measurement period.(6)Includes (i) pension and other postretirement benefits (“OPEB”) plan costs other than service cost and (ii) other miscellaneous adjustments.

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