Company: SABR
Filing Date: 2025-02-20
Form Type: 10-K
Source: 0001597033-25-000027
Chunk: 226

Company: Sabre Corp
Filing Date: 2025-02-20
Form: 10-K
Item: Item 8
Chunk 226
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022Interest rate swaps$7,170 $(794)$5,658 Total $7,170 $(794)$5,658  Amount of Gains Reclassified from Accumulated OCI into Income, Effective Portion Year Ended December 31,Derivatives in Cash Flow Hedging RelationshipsIncome Statement Location202420232022Interest rate swapsInterest expense, net$(7,094)$(6,652)$(1,082)Total$(7,094)$(6,652)$(1,082)

12. Fair Value Measurements Fair value is defined as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date in the principal or most advantageous market for that asset or liability. Guidance on fair value measurements and disclosures establishes a valuation hierarchy for disclosure of inputs used in measuring fair value defined as follows:Level 1—Inputs are unadjusted quoted prices that are available in active markets for identical assets or liabilities.Level 2—Inputs include quoted prices for similar assets and liabilities in active markets and quoted prices in non-active markets, inputs other than quoted prices that are observable, and inputs that are not directly observable, but are corroborated by observable market data.Level 3—Inputs that are unobservable and are supported by little or no market activity and reflect the use of significant management judgment.The classification of a financial asset or liability within the hierarchy is determined based on the least reliable level of input that is significant to the fair value measurement. In determining fair value, we utilize valuation techniques that maximize the use of observable inputs and minimize the use of unobservable inputs to the extent possible. We also consider the counterparty and our own non-performance risk in our assessment of fair value.Assets and Liabilities that are Measured at Fair Value on a Recurring BasisInterest Rate Swaps—The fair value of our interest rate swaps is estimated using a combined income and market-based valuation methodology based upon Level 2 inputs, including credit ratings and forward interest rate yield curves obtained from independent pricing services.Pension Plan Assets—See Note 17. Pension and Other Postretirement Benefit Plans, for fair value information on our pension plan assets.Money market funds—Our valuation technique used to measure the fair values of our money market funds was derived from quoted market prices and active markets for these instruments that exist.

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Time deposits—Our valuation technique used to measure the fair values of our time deposit instruments was derived from the following: non-binding