Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 1236

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 1236
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igation verdict accrual (Note 18)91.4 87.4 Asset retirement obligations (Note 2)7.4 7.4 Other5.3 5.4 $130.6 $126.7 Other (income) expense, net:Years Ended December 31,In millions202420232022(Gain)/loss on sale of strategic investment (Note 5)$11.4 $(19.3)$— Foreign currency transaction (gain)/loss4.2 3.7 2.3 CEO severance charges4.8 — — Loss on CTO resales (Note 2)52.7 22.0 — CTO supply contract termination charges (Note 2)100.0 — — Other (income)/expense, net(3.3)(0.7)(4.0)$169.8 $5.7 $(1.7)

105

INGEVITY CORPORATION

SCHEDULE II - VALUATION AND QUALIFYING ACCOUNTS AND RESERVESFOR YEARS ENDED DECEMBER 31, 2024, 2023, and 2022 Provision/ (Benefit)In millions Balance, Beginning of YearCharged to Costs and ExpensesCharged to Other Comprehensive IncomeCharged to Retained EarningsWrite-offs (1)Balance, End of YearDecember 31, 2024Accounts receivable credit loss allowance (2)$1.1 (0.2)— — (0.3)$0.6 Held-to-maturity debt securities credit loss allowance (3)$0.2 — — — — $0.2 Deferred tax valuation allowance$11.1 1.4 (1.5)— — $11.0 December 31, 2023Accounts receivable credit loss allowance (2)$0.5 0.6 — — — $1.1 Held-to-maturity debt securities credit loss allowance (3)$0.6 (0.4)— — — $0.2 Deferred tax valuation allowance$9.2 1.3 0.6 — — $11.1 December 31, 2022Accounts receivable credit loss allowance (2)$2.0 0.3 — — (1.8)$0.5