Company: VRT
Filing Date: 2025-04-23
Form Type: 10-Q
Source: 0001628280-25-019372
Chunk: 35

Company: Vertiv Holdings Co
Filing Date: 2025-04-23
Form: 10-Q
Item: Part I, Item 1
Chunk 35
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2,091.7 $2,097.0 $2,097.0 Senior Secured Notes due 2028807.8 850.0 802.4 850.0 (1)See “Note 5 — Debt” for additional information.

(9) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)Activity in accumulated other comprehensive income (loss) is as follows:Three months ended March 31, 2025Three months ended March 31, 2024Foreign currency translation, beginning$(203.9)$(89.8)Other comprehensive income (loss)(1)77.1 (43.2)Foreign currency translation, ending(126.8)(133.0)Interest rate swaps, beginning74.6 87.7 Unrealized gain (loss) deferred during the period (2)(3)(9.7)6.3 Interest rate swaps, ending64.9 94.0 Pension, beginning(6.9)(2.4)Actuarial gain (losses) recognized during the period, net of income taxes— — Pension, ending(6.9)(2.4)Foreign currency exchange forwards, beginning(12.6)— Unrealized gains deferred during the period(4)6.2 2.6 Foreign currency exchange forwards, ending(6.4)2.6 Accumulated other comprehensive income (loss) $(75.2)$(38.8)(1)For the three months ended March 31, 2025 and 2024 foreign currency translation included tax effects of $0.3 and $1.5, respectively.(2)During the three months ended March 31, 2025 and 2024, $8.3 and $10.7, respectively, was reclassified into earnings.(3)For the three months ended March 31, 2025 and 2024 interest rate swaps included tax effects of $2.9 and $1.9, respectively.(4)For the three months ended March 31, 2025 and 2024 foreign currency exchange forwards included tax effects of $1.8 and $0.8, respectively.

(10) SEGMENT INFORMATIONOperating profit (loss) is the primary income measure used by the chief operating decision maker ("CODM") to assess segment performance and make operating decisions. Segment performance is assessed exclusive of Corporate and other