Company: NGVT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001653477-25-000108
Chunk: 28

Company: Ingevity Corp
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 1
Chunk 28
---
ITY CORPORATIONNotes to the Condensed Consolidated Financial StatementsJune 30, 2025(Unaudited)

Fair Value MeasurementsThe following information is presented for derivative assets and liabilities that are recorded in the condensed consolidated balance sheets at fair value measured on a recurring basis. There were no transfers of assets and liabilities that are recorded at fair value between Level 1 and Level 2 during the periods reported. There were no nonrecurring fair value measurements related to derivative assets and liabilities on the condensed consolidated balance sheets as of June 30, 2025, or December 31, 2024.June 30, 2025In millionsLevel 1(1)Level 2(2)Level 3(3)TotalAssets:Currency exchange contracts (4)$— $0.2 $— $0.2 Total assets$— $0.2 $— $0.2 Liabilities:Natural gas contracts (6)$— $0.5 $— $0.5 Currency exchange contracts (6)— 0.5 — 0.5 Interest rate swap contracts (7)— 0.2 — 0.2 Total liabilities$— $1.2 $— $1.2 December 31, 2024In millionsLevel 1(1)Level 2(2)Level 3(3)TotalAssets:Natural gas contracts (4)$— $0.4 $— $0.4 Currency exchange contracts (4)— 0.2 — 0.2 Interest rate swap contracts (5)— 0.6 — 0.6 Total assets$— $1.2 $— $1.2 Liabilities:Natural gas contracts (6)$— $0.1 $— $0.1 Currency exchange contracts (6)— 0.1 — 0.1 Total liabilities$— $0.2 $— $0.2 _______________(1) Quoted prices in active markets for identical assets.(2) Quoted prices for similar assets and liabilities in active markets.(3) Significant unobservable inputs.(4) Included within "Prepaid and other current assets" on the condensed consolidated balance sheets.(5) Included within "Other assets" on the condensed consolidated balance sheets.(6) Included within "Accrued expenses" on the condensed