Company: NGVT
Filing Date: 2025-08-05
Form Type: 10-Q
Source: 0001653477-25-000108
Chunk: 93

Company: Ingevity Corp
Filing Date: 2025-08-05
Form: 10-Q
Item: Part I, Item 8
Chunk 93
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 30, 2025(Unaudited)

Accumulated other comprehensive income (loss)Three Months Ended June 30,Six Months Ended June 30,In millions2025202420252024Foreign currency translationBeginning balance$(27.2)$(34.7)$(44.4)$(25.6)Net gains (losses) on foreign currency translation29.5 (2.6)46.7 (11.7)Other comprehensive income (loss), net of tax29.5 (2.6)46.7 (11.7)Ending balance$2.3 $(37.3)$2.3 $(37.3)Derivative instrumentsBeginning balance$0.7 $(1.4)$0.5 $(1.6)Gains (losses) on derivative instruments(1.8)0.1 (1.7)(0.3)Less: tax provision (benefit)(0.4)— (0.4)(0.1)Net gains (losses) on derivative instruments(1.4)0.1 (1.3)(0.2)(Gains) losses reclassified to net income0.1 0.8 0.3 1.5 Less: tax (provision) benefit— 0.2 0.1 0.4 Net (gains) losses reclassified to net income0.1 0.6 0.2 1.1 Other comprehensive income (loss), net of tax(1.3)0.7 (1.1)0.9 Ending balance$(0.6)$(0.7)$(0.6)$(0.7)Pension and other postretirement benefitsBeginning balance$2.5 $0.5 $2.5 $0.5 Other comprehensive income (loss), net of tax— — — — Ending balance$2.5 $0.5 $2.5 $0.5 Total AOCI ending balance at June 30$4.2 $(37.5)$4.2 $(37.5)Reclassifications of accumulated other comprehensive income (loss)Three Months Ended June 30,Six Months Ended June 30,In millions2025202420252024Derivative instrumentsCurrency exchange contracts (1)$(0.2)$— $(