Company: ACA
Filing Date: 2025-08-08
Form Type: 10-Q
Source: 0001739445-25-000115
Chunk: 44

Company: Arcosa, Inc.
Filing Date: 2025-08-08
Form: 10-Q
Item: Part I, Item 1
Chunk 44
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 30, 2025 consisted of the following:Operating LeasesFinance Leases(in millions)2025 (remaining)$6.3 $2.2 202611.3 1.5 20278.1 0.4 20286.3 0.1 20295.8 — Thereafter55.7 — Total undiscounted future minimum lease obligations93.5 4.2 Less imputed interest(33.4)(0.2)Present value of net minimum lease obligations$60.1 $4.0 The following table summarizes our operating and finance leases and their classification within the Consolidated Balance Sheet.June 30,2025December 31,2024(in millions)AssetsOperating - Other assets$59.7 $63.1 Finance - Property, plant, and equipment, net9.6 12.3 Total lease assets69.3 75.4 LiabilitiesCurrentOperating - Accrued liabilities8.2 8.6 Finance - Current portion of long-term debt3.2 5.2 Non-currentOperating - Other liabilities51.9 54.7 Finance - Debt0.8 1.9 Total lease liabilities$64.1 $70.4 

Note 9. Other

Other (income) expense consists of the following items: Three Months EndedJune 30,Six Months EndedJune 30, 2025202420252024 (in millions)Foreign currency exchange transactions(2.2)3.3 (2.1)2.8 Other (income) expense$(2.2)$3.3 $(2.1)$2.8 

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Note 10. Income Taxes

For interim income tax reporting, we estimate our annual effective tax rate and apply it to our year-to-date ordinary income (loss). Tax jurisdictions with a projected or year to date loss for which a tax benefit cannot be realized are excluded. The tax effects of unusual or infrequently occurring items, including changes in judgment about valuation allowances and effects of changes in tax laws or rates, are reported in the interim period in which they occur. We have open tax years from 2019 to 2024 with various significant tax jurisdictions.Our effective tax rates of 14.5% and 15.9% for the three and six months ended June 30, 2025, respectively, differed from the U.S