Company: VRT
Filing Date: 2025-07-30
Form Type: 10-Q
Source: 0001674101-25-000008
Chunk: 38

Company: Vertiv Holdings Co
Filing Date: 2025-07-30
Form: 10-Q
Item: Part I, Item 1
Chunk 38
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 selling them in the near future, and it is not more likely than not that the Company will be required to sell the investments before recovery of their amortized cost bases. At June 30, 2025, the Company recorded "Short-term investments" on the Condensed Consolidated Balance Sheets at amortized cost of $98.2. The Company values these investments by reference to quoted prices of similar assets in active markets, adjusted for any terms specific to that asset, which are classified within level 2. At June 30, 2025, the short-term investments had a fair value of $98.1. The Company held no short-term investments at December 31, 2024.

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(9) ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS)Activity in accumulated other comprehensive income (loss) is as follows:Three months ended June 30, 2025Three months ended June 30, 2024Six months ended June 30, 2025Six months ended June 30, 2024Foreign currency translation, beginning$(126.8)$(133.0)$(203.9)$(89.8)Other comprehensive income (loss)(1)116.8 (16.9)193.9 (60.1)Foreign currency translation, ending(10.0)(149.9)(10.0)(149.9)Interest rate swaps, beginning64.9 94.0 74.6 87.7 Unrealized gain (loss) deferred during the period(2)(3)(6.6)(2.9)(16.3)3.4 Interest rate swaps, ending58.3 91.1 58.3 91.1 Pension, beginning(6.9)(2.4)(6.9)(2.4)Actuarial gain (losses) recognized during the period, net of income taxes0.2 (0.1)0.2 (0.1)Pension, ending(6.7)(2.5)(6.7)(2.5)Foreign currency exchange forwards, beginning(6.4)2.6 (12.6)— Unrealized gains deferred during the period(4)10.0 (6.4)16.2 (3.8)Foreign currency exchange forwards, ending3.6 (3.8)3.6 (3.8