Company: PRMB
Filing Date: 2025-08-07
Form Type: 10-Q
Source: 0002042694-25-000015
Chunk: 49

Company: Primo Brands Corp
Filing Date: 2025-08-07
Form: 10-Q
Item: Part I, Item 1
Chunk 49
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,164.7 $1,281.8 $(79.5)$1,202.3 Water rights621.4 (83.3)538.1 621.0 (70.9)550.1 Software228.4 (117.7)110.7 205.3 (98.7)106.6 Trademarks and trade names91.2 (27.0)64.2 18.7 (2.7)16.0 Other51.3 (10.5)40.8 45.5 (8.6)36.9 Total definite-lived intangible assets$2,280.8 $(362.3)$1,918.5 $2,172.3 $(260.4)$1,911.9 Indefinite-lived intangible assetsTrademarks and trade names$1,205.7 $— $1,205.7 $1,279.8 $— $1,279.8 Total intangible assets, net$3,486.5 $(362.3)$3,124.2 $3,452.1 $(260.4)$3,191.7 For the three and six months ended June 30, 2025, amortization expense of definite-lived intangible assets was $58.3 million and $101.9 million, respectively. For the three and six months ended June 30, 2024, amortization expense of definite-lived intangible assets was $16.4 million and $35.4 million, respectively. In the second quarter of the 2025 fiscal year, as a result of integration efforts, the Company reassessed the future expected use of $76.1 million of a previously recorded indefinite lived trade name. Beginning in the second quarter of fiscal year 2025, the trade name is being amortized through the end of the fiscal year.Based on the carrying value of definite-lived intangible assets as of June 30, 2025, estimated amortization expense for each of the five succeeding years and thereafter is as follows:($ in millions)Amount2025 (Remaining Six Months)$141.7 2026144.42027141.72028139.42029129.3Thereafter1,191.9Total 1$1,888.4 ______________________1     This table excludes $