Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 106

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 106
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 cash flow information related to leases for the years ended December 31, 2024 and 2023 is as follows.20242023Supplemental Cash Flows InformationCash Paid for Amounts Included in the Measurement of Lease LiabilitiesOperating cash flows from operating leases$63.8 $53.7 Operating cash flows from finance leases0.9 1.0 Financing cash flows from finance leases1.3 1.2 Leased Assets Obtained in Exchange for New Operating Lease Liabilities96.2 62.5 Supplemental balance sheet information related to leases is as follows.December 31, 2024December 31, 2023Operating leasesOther assets$226.6 $164.4 Accrued liabilities$56.3 $41.6 Other liabilities165.5 116.9 Total operating lease liabilities$221.8 $158.5 Finance LeasesProperty, plant and equipment$11.1 $12.3 Short-term borrowings and current maturities of long-term debt$1.3 $1.3 Long-term debt, less current maturities12.6 13.6 Total finance lease liabilities$13.9 $14.9 Weighted Average Remaining Lease Term (in years)Operating leases5.25.1Finance leases9.410.3Weighted Average Discount RateOperating leases4.1 %3.6 %Finance leases6.5 %6.4 %Maturities of lease liabilities as of December 31, 2024 are as follows.Operating LeasesFinance Leases2025$63.6 $2.2 202655.1 2.1 202741.3 2.1 202829.4 2.1 202917.7 2.1 Thereafter39.2 8.5 Total lease payments$246.3 $19.1 Less imputed interest(24.5)(5.2)Total$221.8 $13.9 

Note 19:    Stock-Based Compensation Plans

The Company has outstanding stock-based compensation awards granted under the 2013 Stock Incentive Plan (“2013 Plan”) and the 2017 Omnibus Incentive Plan, (as amended by the First Amendment, dated April 27, 2021, “2017 Plan”). Following the 

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