Company: IR
Filing Date: 2025-05-02
Form Type: 10-Q
Source: 0001628280-25-021883
Chunk: 51

Company: Ingersoll Rand Inc.
Filing Date: 2025-05-02
Form: 10-Q
Item: Part I, Item 1
Chunk 51
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26

The following tables summarize the Company’s financial assets and liabilities measured at fair value on a recurring basis as of March 31, 2025 and December 31, 2024.March 31, 2025Level 1Level 2Level 3TotalFinancial AssetsTrading securities held in deferred compensation plan(1)$18.9 $— $— $18.9 Interest rate swaps(2)— 14.6 — 14.6 Cross-currency interest rate swaps(3)— 18.3 — 18.3 Foreign currency forwards(4)— 1.8 — 1.8 Total$18.9 $34.7 $— $53.6 Financial LiabilitiesDeferred compensation plans(1)$24.5 $— $— $24.5 Interest rate swaps(2)— 1.1 — 1.1 Cross-currency interest rate swaps(3)— 31.6 — 31.6 Foreign currency forwards(4)— 0.5 — 0.5 Contingent consideration(5)— — 32.8 32.8 Total$24.5 $33.2 $32.8 $90.5 December 31, 2024Level 1Level 2Level 3TotalFinancial AssetsTrading securities held in deferred compensation plan(1)$21.0 $— $— $21.0 Interest rate swaps(2)— 1.4 — 1.4 Cross-currency interest rate swaps(3)— 27.3 — 27.3 Foreign currency forwards(4)— 1.8 — 1.8 Total$21.0 $30.5 $— $51.5 Financial LiabilitiesDeferred compensation plan(1)$28.7 $— $— $28.7 Interest rate swaps(2)— 1.8 — 1.8 Foreign currency forwards(4)— 1.2 — 1.2 Contingent consideration(5)— — 22.2 22.2 Total$28.7 $3.0 $22.2 $53.9 (1)Based on the quoted price of publicly traded mutual funds and other equity securities which are classified as trading securities and