Company: BCO
Filing Date: 2025-08-06
Form Type: 10-Q
Source: 0000078890-25-000253
Chunk: 10

Company: BRINKS CO
Filing Date: 2025-08-06
Form: 10-Q
Item: Part I, Item 1
Chunk 10
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                   1.9  
  Argentina highly inflationary impact (b)                                          ( 12.6)                 2.6                        ( 10.5)                   4.9  
  Depreciation and amortization of property and equipment                              45.0                58.5                          101.3                 116.4  
  Amortization of intangible assets (a)                                                14.8                14.6                           29.2                  29.1  
  Total                                                                                   $      59.8      73.1                              $      130.5      145.5  

(a) Amortization of acquisition-related intangible assets has been excluded from reportable segment amounts.

(b) See "Depreciation Adjustment" in Note 1 for more details.

  (In millions)                          June 30, 2025                   December 31, 2024               
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────
  Assets held by Reportable Segment                                                                      
  North America                          $                  1,978.4                             2,089.8  
  Latin America                                             1,266.5                             1,171.7  
  Europe                                                    2,330.4                             1,894.9  
  Rest of World                                             1,162.0                             1,084.9  
  Total reportable segments                                 6,737.3                             6,241.3  
  Corporate items                        348.7                                       381.8               
  Total                                  $                  7,086.0                             6,623.1  

Note 4 - Retirement benefits

Defined-benefit Pension Plans

We have various defined-benefit pension plans covering eligible current and former employees. Benefits under most plans are based on salary and years of service. There are limits to the amount of benefits which can be paid to participants from a U. S. qualified pension plan. We maintain a nonqualified U. S. plan to pay benefits for those eligible current and former employees in the U. S. whose benefits exceed the regulatory limits. Pension benefits provided to eligible U. S. employees were frozen on December 31, 2005.

The components of net periodic pension cost (credit) for our pension plans were as follows:

                                                     U. S. Plans                               Non-U. S. Plans                    Total               
  (In millions)                                      2025                         2024                    202