Company: NGVT
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001653477-25-000015
Chunk: 1135

Company: Ingevity Corp
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 1135
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paid software as a service2.2 4.1 Contract asset (Note 4)6.5 11.2 Restricted cash0.4 0.6 CTO resales (Note 2)6.2 24.2 Planned major maintenance activities2.3 2.5 Currency exchange and natural gas contracts (Note 9)0.6 0.5 Assets held for sale3.7 — Other5.4 5.6 $57.4 $71.9 Other assets:December 31,In millions20242023Deferred financing charges$2.8 $3.9 Capitalized software, net 40.9 44.8 Land-use rights4.2 4.4 Deferred software as a service2.2 2.8 Deferred compensation plan assets (Note 5)20.2 17.9 Interest rate swap contracts (Note 9)0.6 — Finance lease assets, net (Note 13)— 0.1 Other8.4 8.0 $79.3 $81.9 

104

IndexIngevity CorporationNotes to the Consolidated Financial StatementsDecember 31, 2024

Accrued expenses:December 31,In millions20242023Accrued interest$9.8 $10.0 Accrued taxes4.9 7.5 Accrued freight1.2 1.8 Accrued rebates13.7 10.4 Restructuring reserves (Note 15)5.2 8.2 Accrued royalties and commissions1.2 2.0 Currency exchange and natural gas contracts (Note 9)0.2 1.4 Accrued energy1.8 2.3 CTO resales (Note 2)— 13.6 Asset retirement obligations (Note 2)8.9 5.5 Other11.2 9.6 $58.1 $72.3 Other liabilities:December 31,In millions20242023Deferred compensation arrangements (Note 5)$15.9 $15.5 Pension & OPEB liabilities (Note 14)8.2 9.6 Unrecognized tax benefits (Note 17)2.4 1.4 Lit