Company: MATV
Filing Date: 2025-02-27
Form Type: 10-K
Source: 0001000623-25-000009
Chunk: 111

Company: Mativ Holdings, Inc.
Filing Date: 2025-02-27
Form: 10-K
Item: Item 8
Chunk 111
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.7 million and $4.3 million at December 31, 2024 and 2023, respectively$(20.7)$(20.3)Accumulated unrealized gain on derivative instruments, net of income tax benefit (expense) of $10.2 million and $12.8 million at December 31, 2024 and 2023, respectively19.9 27.9 Accumulated unrealized foreign currency translation adjustments, net of income tax benefit of $14.6 million and $14.6 million at December 31, 2024 and 2023, respectively13.9 31.5 Accumulated other comprehensive income, net of tax$13.1 $39.1 Changes in the components of Accumulated other comprehensive income (loss), net of tax, were as follows (in millions):Years Ended December 31, 202420232022Pre-taxTaxNet ofTaxPre-taxTaxNet ofTaxPre-taxTaxNet ofTaxPension and OPEB liability adjustments$(0.8)$0.4 $(0.4)$(11.2)$1.8 $(9.4)$9.9 $(6.4)$3.5 Derivative instrument adjustments(10.6)2.6 (8.0)(16.6)0.1 (16.5)61.3 (15.0)46.3 Foreign currency translation adjustments(17.6)— (17.6)35.4 0.1 35.5 (33.7)7.5 (26.2)Reclassification of foreign currency translation to income— — — 127.4 (2.5)124.9 — — — Total$(29.0)$3.0 $(26.0)$135.0 $(0.5)$134.5 $37.5 $(13.9)$23.6 Disclosures regarding the amounts reclassified from AOCI to income for pensions and derivatives are separately disclosed in Note 17. Postretirement and Other Benefits and Note 14. Derivatives.

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MATIV HOLDINGS, INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS

Restricted StockAll of the Company's restricted stock unit grants, vest upon completion of a specified period of time, typically between one and three years. The