Company: AOS
Filing Date: 2025-07-24
Form Type: 10-Q
Source: 0000091142-25-000100
Chunk: 28

Company: SMITH A O CORP
Filing Date: 2025-07-24
Form: 10-Q
Item: Part I, Item 8
Chunk 28
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)Three Months EndedJune 30,20252024Cumulative foreign currency translationBalance at beginning of period$(103.6)$(85.1)Other comprehensive gain (loss) before reclassifications14.5 (2.4)Balance at end of period(89.1)(87.5)Unrealized net (loss) gain on cash flow derivativesBalance at beginning of period(0.7)1.7 Other comprehensive losses before reclassifications(0.3)(1.0)Realized losses (gains) on derivatives (net of income tax provision of $0.1 and $0.2 in 2025 and 2024, respectively)0.1 (0.7)Balance at end of period(0.9)— Pension liabilityBalance at beginning of period(6.0)(4.5)Amounts reclassified from accumulated other comprehensive loss:0.1 — Balance at end of period(5.9)(4.5)Accumulated other comprehensive loss, end of period$(95.9)$(92.0)

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Table of Contents14. Changes in Accumulated Other Comprehensive Loss by Component (continued)

Changes to accumulated other comprehensive loss by component are as follows:(dollars in millions)Six Months EndedJune 30,20252024Cumulative foreign currency translationBalance at beginning of period$(104.3)$(80.3)Other comprehensive gain (loss) before reclassifications15.2 (7.2)Balance at end of period(89.1)(87.5)Unrealized net (loss) gain on cash flow derivativesBalance at beginning of period(1.5)0.7 Other comprehensive gain before reclassifications0.4 0.4 Realized losses (gains) on derivatives (net of income tax provision of $0.0 and $0.3 in 2025 and 2024, respectively)0.2 (1.1)Balance at end of period(0.9)— Pension liabilityBalance at beginning of period(6.1)(4.6)Amounts reclassified from accumulated other comprehensive loss:0.2 0.1 Balance at end of period(5.9)(4.5)Accumulated other comprehensive loss, end of period$(95.9)$(92.0)

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ITEM 2 - MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL