Company: BCO
Filing Date: 2025-11-05
Form Type: 10-Q
Source: 0000078890-25-000312
Chunk: 16

Company: BRINKS CO
Filing Date: 2025-11-05
Form: 10-Q
Item: Part I, Item 1
Chunk 16
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 September 30, 2025 and $ 4.6$ 6.3 reduction to expense in the nine months ended September 30, 2025 and$ 14.3 reduction to expense in the nine months ended September 30, 2024).

The changes in accumulated other comprehensive loss attributable to Brink’s are as follows:

                                                                                    Benefit Plan Adjustments                    Foreign Currency Translation Adjustments      Gains (Losses) on Available-for-Sale Securities      Gains (Losses) on Cash Flow Hedges         Total  
  Balance as of December 31, 2024                                                   $                             ( 260.4)                                      ( 556.7)                                               ( 3.3)                                    16.3      ( 804.1)  
  Other comprehensive income (loss) before reclassifications                        ( 6.7)                                                                         144.7                                               ( 2.3)                                  ( 0.2)         135.5  
  Amounts reclassified from accumulated other comprehensive loss to net income      3.0                                                                           ( 2.8)                                                  3.3                                  ( 4.8)        ( 1.3)  
  Other comprehensive loss attributable to Brink's                                  ( 3.7)                                                                         141.9                                                  1.0                                  ( 5.0)         134.2  
  Acquisitions of noncontrolling interests                                          —                                                                             ( 0.2)                                                    —                                       —        ( 0.2)  
  Balance as of September 30, 2025                                                  $                             ( 264.1)                                      ( 415.0)                                               ( 2.3)                                    11.3      ( 670.1)  

Note 7 - Fair value of financial instruments

Investments in Marketable Securities

We have investments in mutual funds, equity securities and available-for-sale debt securities that are carried at fair value in the condensed financial statements and are included in other assets on the condensed consolidated balance sheet. For these investments, fair value was based on quoted market prices, which we have categorized as a Level 1 valuation.

Fixed-Rate Debt

The fair value and carrying value of our material fixed-rate debt, excluding any unamortized debt issuance costs, are as follows:

  (In millions)                    September 30, 2025                 December 31, 2024  
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  2027 Senior