Company: IR
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021883
Chunk: 106

Company: Ingersoll Rand Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 8
Chunk 106
---
Other Postretirement BenefitsU.S. PlansNon-U.S. PlansFor the Three Month Period Ended March 31,202520242025202420252024Service cost$— $— $0.7 $0.7 $— $— Interest cost3.5 3.5 2.8 2.7 0.1 0.2 Expected return on plan assets(2.8)(3.3)(2.3)(2.8)— — Recognition of:Unrecognized prior service cost— — — — (2.7)— Unrecognized net actuarial loss— — (0.2)(0.3)(0.2)(0.2)$0.7 $0.2 $1.0 $0.3 $(2.8)$— 

The components of net periodic benefit cost other than the service cost component are included in “Other income, net” in the Condensed Consolidated Statements of Operations.

16

Note 10. Debt

Debt as of March 31, 2025 and December 31, 2024 is summarized as follows.March 31, 2025December 31, 2024Short-term borrowings$0.3 $1.7 Long-term debt:5.197% Senior Notes, due June 2027(1)699.9 699.9 5.400% Senior Notes, due August 2028(1)498.7 498.6 5.176% Senior Notes, due June 2029(1)750.0 750.0 5.314% Senior Notes, due June 2031(1)500.0 500.0 5.700% Senior Notes, due August 2033(1)993.6 993.4 5.450% Senior Notes, due June 2034(1)749.6 749.5 5.700% Senior Notes, due June 2054(1)597.6 597.6 Finance leases and other long-term debt13.8 14.1 Swap valuation adjustments13.5 (0.3)Unamortized debt issuance costs(44.9)(47.0)Total long-term debt, net, including current maturities4,771.8 4,755.8 Current maturities