Company: IR
Filing Date: 2025-02-19
Form Type: 10-K
Source: 0001628280-25-006391
Chunk: 85

Company: Ingersoll Rand Inc.
Filing Date: 2025-02-19
Form: 10-K
Item: Item 8
Chunk 85
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 of applicable local laws.The Company also provides postretirement healthcare and life insurance benefits to a limited group of current and retired employees, primarily in the United States. All of the Company’s postretirement benefit plans are unfunded.

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The following table provides a reconciliation of the changes in the benefit obligations and in the fair value of the plan assets for the periods described below.Pension BenefitsOther Postretirement BenefitsU.S. PlansNon-U.S. Plans202420232024202320242023Reconciliation of Benefit Obligations:Beginning balance$294.0 $319.8 $263.2 $247.5 $18.3 $21.0 Service cost0.1 0.1 2.9 2.6 — — Interest cost13.4 15.7 10.7 11.1 0.8 0.9 Participant contributions— — 0.2 — — — Plan amendments— — — 0.3 (10.9)— Actuarial losses (gains)(1)(18.1)6.0 (11.3)3.3 0.2 (1.0)Benefit payments(22.2)(16.1)(14.5)(13.6)(2.4)(2.7)Acquisitions— — 10.2 — — — Plan settlements(2.5)(31.5)— — — — Other— — 0.6 — — — Effect of foreign currency exchange rate changes— — (10.6)12.0 (0.1)0.1 Benefit obligations ending balance$264.7 $294.0 $251.4 $263.2 $5.9 $18.3 Reconciliation of Fair Value of Plan Assets:Beginning balance$237.5 $263.6 $206.0 $196.4 Actual return on plan assets(6.0)18.7 (7.1)6.7 Employer contributions0.1 2.8 6.5 6.6 Participant contributions— — 0.2 — Acquisitions— — 8.5 — Benefit payments(22.2)(16.1)(14.5)(