Company: WKC
Filing Date: 2025-10-24
Form Type: 10-Q
Source: 0000789460-25-000030
Chunk: 99

Company: WORLD KINECT CORP
Filing Date: 2025-10-24
Form: 10-Q
Item: Part I, Item 8
Chunk 99
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31, 2024Inventory$92.9 $95.2 $(0.2)$3.8 

Earnings and Other Comprehensive Income (Loss)Derivatives Designated as Hedging InstrumentsThe following table presents, on a pre-tax basis, the location and amount of gains (losses) on fair value and cash flow hedges recognized in income in our Condensed Consolidated Statements of Income and Comprehensive Income (in millions):For the Three Months EndedSeptember 30, 2025September 30, 2024RevenueCost of revenueInterest expense and other financing costs, netRevenueCost of revenueInterest expense and other financing costs, netTotal amounts of income and expense line items in which the effects of fair value or cash flow hedged are recorded$9,391.8 $9,142.2 $25.9 $10,490.9 $10,222.8 $24.0 Gains (losses) on fair value hedge relationships:   Commodity contracts:Hedged item— (0.3)— — (3.1)— Derivatives designated as hedging instruments— 0.6 — — 2.6 — Gains (losses) on cash flow hedge relationships:   Commodity contracts:Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income(2.0)(4.9)— — 1.3 —    Interest rate contracts:Amount of gain (loss) reclassified from Accumulated other comprehensive income (loss) into net income— — — — — 3.8 Total amount of income and expense line items excluding the impact of hedges$9,393.8 $9,137.5 $25.9 $10,490.9 $10,223.6 $27.8 

11

For the Nine Months EndedSeptember 30, 2025September 30, 2024RevenueCost of revenueInterest expense and other financing costs, netRevenueCost of revenueInterest expense and other financing costs, netTotal amounts of income and expense line items in which the effects of fair value or cash flow hedged are recorded$27,887.6 $27,175.2 $74.4 $32,407.5 $31,640.0 $80.4 Gains (