Company: PRGO
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0001585364-25-000014
Chunk: 121

Company: PERRIGO Co plc
Filing Date: 2025-02-28
Form: 10-K
Item: Item 8
Chunk 121
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, $265.8 million, and $252.4 million during the years ended December 31, 2024, December 31, 2023, and December 31, 2022, respectively. Our estimated future amortization expense is as follows (in millions): YearAmount2025$212.2 2026208.2 2027202.7 2028196.5 2029178.0 Thereafter1,426.1 

NOTE 10 - FAIR VALUE MEASUREMENTS

Fair value is the price that would be received upon sale of an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. The following fair value hierarchy is used in selecting inputs, with the highest priority given to Level 1, as these are the most transparent or reliable. •Level 1: Quoted prices for identical instruments in active markets.•Level 2: Quoted prices for similar instruments in active markets; quoted prices for identical or similar instruments in markets that are not active; and model-derived valuations in which all significant inputs are observable in active markets.•Level 3: Valuations derived from techniques in which one or more significant inputs are not observable. The table below summarizes the valuation of our financial instruments carried at fair value by the applicable pricing categories (in millions):Year EndedDecember 31, 2024December 31, 2023Level 1Level 2Level 3Level 1Level 2Level 3Measured at fair value on a recurring basis:Assets:Investment securities$— $— $— $0.1 $— $— Foreign currency forward contracts— 5.5 — — 0.6 — Cross-currency swaps— 14.2 — — — — Interest rate swap agreements— 9.3 — — 30.5 — Total assets$— $29.0 $— $0.1 $31.1 $— Liabilities:Foreign currency forward contracts$— $5.6 $— $— $2.7 $— Cross-currency swaps— 46.8 — — 172.0 — Interest rate swap agreements— 22.6 — — 11.7 — Total liabilities$— $75.0 $— $—