Company: IR
Filing Date: 2025-10-31
Form Type: 10-Q
Source: 0001628280-25-047838
Chunk: 50

Company: Ingersoll Rand Inc.
Filing Date: 2025-10-31
Form: 10-Q
Item: Part I, Item 1
Chunk 50
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.8 9.9 15.6 9.2 Loss on extinguishment of debt— — — 3.0 Adjustments to LIFO inventories5.2 — 15.5 7.2 Cybersecurity incident costs (d)— — (1.3)0.5 Loss on asbestos sale— — — 58.8 Interest income on cash and cash equivalents(5.3)(8.0)(24.5)(35.7)Other adjustments (e)(0.9)0.6 (4.7)1.0 Income Before Income Taxes319.4 302.0 600.6 807.7 Provision for income taxes73.6 73.8 153.1 174.3 Loss on equity method investments— (4.8)(127.1)(19.0)Net Income$245.8 $223.4 $320.4 $614.4 a)Depreciation and amortization expense excludes $1.4 million and $1.1 million of depreciation of rental equipment for the three month periods ended September 30, 2025 and 2024, respectively, and excludes $3.8 million and $3.1 million for the nine month periods ended September 30, 2025 and 2024, respectively.

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b)Restructuring and related business transformation costs consist of the following.For the Three Month Period Ended September 30,For the Nine Month Period Ended September 30,2025202420252024Restructuring charges$19.8 $9.6 $28.3 $23.2 Facility reorganization, relocation and other costs0.1 0.1 0.4 1.1 Total restructuring and related business transformation costs$19.9 $9.7 $28.7 $24.3 c)Represents costs associated with successful and abandoned acquisitions, including third-party expenses, post-closure integration costs and non-cash charges and credits arising from fair value purchase accounting adjustments.d)Represents non-recoverable costs associated with a cybersecurity event.e)Includes (i) pension and other postemployment plan costs other than service cost and (ii) other miscellaneous adjustments.The following tables provide summarized information about the Company’s reportable segments.Depreciation and Amortization ExpenseFor the Three Month Period