Company: MATV
Filing Date: 2025-05-08
Form Type: 10-Q
Source: 0001000623-25-000024
Chunk: 22

Company: Mativ Holdings, Inc.
Filing Date: 2025-05-08
Form: 10-Q
Item: Item 1
Chunk 22
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589.2 million and $589.2 million, respectively.

The following table presents the fair value of asset and liability derivatives and the respective balance sheet locations at March 31, 2025 (in millions):   Asset DerivativesLiability Derivatives Balance SheetLocationFairValueBalance SheetLocationFairValueDerivatives designated as hedges:    Foreign exchange contractsAccounts receivable, net$3.8 Accounts payable$1.6 Foreign exchange contractsOther assets— Other liabilities14.9 Interest rate contractsAccounts receivable, net— Accrued expenses and other current liabilities— Interest rate contractsOther assets5.5 Other liabilities— Total derivatives designated as hedges $9.3  $16.5 Derivatives not designated as hedges:    Foreign exchange contractsAccounts receivable, net0.2 Accrued expenses and other current liabilities— Total derivatives not designated as hedges $0.2  $— Total derivatives $9.5  $16.5 

20

MATIV HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS(Unaudited)

The following table presents the fair value of asset and liability derivatives and the respective balance sheet locations at December 31, 2024 (in millions): Asset DerivativesLiability Derivatives Balance SheetLocationFairValueBalance SheetLocationFairValueDerivatives designated as hedges:    Foreign exchange contractsAccounts receivable, net$6.5 Accrued expenses and other current liabilities$— Foreign exchange contractsOther assets4.4 Other liabilities2.9 Interest rate contractsOther assets10.1 Other liabilities— Total derivatives designated as hedges$21.0 $2.9 Derivatives not designated as hedges:    Foreign exchange contractsAccounts receivable, net0.8 Accrued expenses and other current liabilities— Total derivatives not designated as hedges $0.8  $— Total derivatives $21.8  $2.9 

Gains (losses) on derivatives designated as cash flow and net investment hedges recognized in other comprehensive loss are summarized below (in millions) on a pretax basis:Derivatives Designated in Hedging RelationshipsGains (Losses) Recognized in Accumulated Other Comprehensive Income (Loss