Company: THS
Filing Date: 2025-05-06
Form Type: 10-Q
Source: 0001320695-25-000089
Chunk: 42

Company: TreeHouse Foods, Inc.
Filing Date: 2025-05-06
Form: 10-Q
Item: Part I, Item 1
Chunk 42
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.6)Balance at March 31, 2024$(86.8)$8.1 $(78.7)Balance at December 31, 2024$(92.9)$10.2 $(82.7)Other comprehensive income0.2 — 0.2 Balance at March 31, 2025$(92.7)$10.2 $(82.5) (1)The tax impact of the foreign currency translation adjustment and the unrecognized pension and postretirement benefits reclassification was insignificant for the three months ended March 31, 2025 and 2024.

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TREEHOUSE FOODS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

15. EMPLOYEE RETIREMENT AND POSTRETIREMENT BENEFITS Pension, Profit Sharing, and Postretirement Benefits — Certain employees and retirees participate in pension and other postretirement benefit plans. Employee benefit plan obligations and expenses included in the Condensed Consolidated Financial Statements are determined based on plan assumptions, employee demographic data, including years of service and compensation, benefits and claims paid, and employer contributions.Components of net periodic pension cost are as follows: Three Months EndedMarch 31, 20252024 (In millions)Service cost$0.1 $0.1 Interest cost2.7 2.6 Expected return on plan assets(2.9)(2.7)Amortization of unrecognized net loss0.1 0.1 Net periodic pension cost$— $0.1 Components of net periodic postretirement cost are as follows:Three Months EndedMarch 31, 20252024 (In millions)Interest cost$0.2 $0.2 Amortization of unrecognized net gain(0.1)(0.1)Net periodic postretirement cost$0.1 $0.1 The service cost components of net periodic pension costs were recognized in Cost of sales, and the other components of net periodic pension and postretirement costs were recognized in Other expense (income), net in the Condensed Consolidated Statements of Operations.

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TREEHOUSE FOODS, INC.NOTES TO CONDENSED CONSOLIDATED FINANCIAL STATEMENTS — (Continued)

16. COMMITMENTS AND CONTINGENCIES Griddle Product Recall and Related CostsOn October 18, 2024, the Company initiated a voluntary recall of certain frozen waffle products produced at