Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 91

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 91
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. The Company selected a recommended portfolio that achieved the targeted composite return with the least amount of risk.The Company’s primary pension plans are in the U.S. and UK which together comprise 76% of the total benefit obligations and 87% of total plan assets as of December 31, 2024. The following table presents the long-term target allocations for these plans as of December 31, 2024.U.S. PlansUK PlanAsset category:Equity16 %12 %Fixed income83 %56 %Real estate and other1 %32 %Total100 %100 %

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Fair Value MeasurementsThe following tables present the fair values of the Company’s pension plan assets as of December 31, 2024 and 2023 by asset category within the ASC 820 hierarchy (as defined in Note 21 “Fair Value Measurements”).December 31, 2024Quoted Prices in Active Markets for Identical Assets(Level 1)Significant Observable Inputs(Level 2)Significant Unobservable Inputs(Level 3)Investments Measured at NAV (5)TotalAsset CategoryCash and cash equivalents(1)$5.1 $— $— $— $5.1 Equity funds:U.S. small-cap— — — 0.9 0.9 U.S. mid-cap— — — 2.6 2.6 U.S. large-cap— 2.5 — 11.6 14.1 International equity(2)— 23.2 — 26.5 49.7 Total equity funds— 25.7 — 41.6 67.3 Fixed income funds:Corporate bonds - international— 23.8 — 15.8 39.6 UK index-linked gilts— 66.0 — — 66.0 U.S. fixed income - government securities— — — 20.5 20.5 U.S. fixed income - short duration— — — 1.8 1.8 U.S. fixed income - intermediate duration— — — 25.2 25.2 U.S. fixed income - long duration— — — 122.7 122.7 Global fixed income— — — 1.8 1.8 Total fixed income funds—