Company: AOS
Filing Date: 2025-10-28
Form Type: 10-Q
Source: 0000091142-25-000150
Chunk: 28

Company: SMITH A O CORP
Filing Date: 2025-10-28
Form: 10-Q
Item: Part I, Item 8
Chunk 28
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52024Cumulative foreign currency translationBalance at beginning of period$(89.1)$(87.5)Other comprehensive (loss) gain before reclassifications(5.8)7.6 Balance at end of period(94.9)(79.9)Unrealized net gain (loss) on cash flow derivativesBalance at beginning of period(0.9)— Other comprehensive gains (losses) before reclassifications1.7 (0.6)Realized gains on derivatives (net of income tax provision of $0.1 and $0.1 in 2025 and 2024, respectively)(0.3)(0.3)Balance at end of period0.5 (0.9)Pension liabilityBalance at beginning of period(5.9)(4.5)Amounts reclassified from accumulated other comprehensive loss:— 0.1 Balance at end of period(5.9)(4.4)Accumulated other comprehensive loss, end of period$(100.3)$(85.2)

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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)Nine Months EndedSeptember 30,20252024Cumulative foreign currency translationBalance at beginning of period$(104.3)$(80.3)Other comprehensive gain before reclassifications9.4 0.4 Balance at end of period(94.9)(79.9)Unrealized net gain (loss) on cash flow derivativesBalance at beginning of period(1.5)0.7 Other comprehensive gain (loss) before reclassifications2.1 (0.2)Realized gains on derivatives (net of income tax provision of $0.1 and $0.5 in 2025 and 2024, respectively)(0.1)(1.4)Balance at end of period0.5 (0.9)Pension liabilityBalance at beginning of period(6.1)(4.6)Amounts reclassified from accumulated other comprehensive loss:0.2 0.2 Balance at end of period(5.9)(4.4)Accumulated other comprehensive loss, end of period$(100.3)$(85.2)

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ITEM 2 - MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

Overview 

Our company is