Company: IR
Filing Date: 2025-07-31
Form Type: 10-Q
Source: 0001628280-25-037049
Chunk: 53

Company: Ingersoll Rand Inc.
Filing Date: 2025-07-31
Form: 10-Q
Item: Part I, Item 1
Chunk 53
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0.1 %0.1 %

Note 12. Accumulated Other Comprehensive Loss

The Company’s other comprehensive income (loss) consists of (i) unrealized foreign currency net gains and losses on the translation of the assets and liabilities of its foreign operations; (ii) realized and unrealized foreign currency gains and losses on certain hedges of net investments in foreign operations, net of income taxes; (iii) unrealized gains and losses on cash flow hedges (consisting of interest rate swap and cap contracts), net of income taxes; and (iv) pension and other postretirement prior service cost and actuarial gains or losses, net of income taxes. See Note 9 “Benefit Plans” and Note 13 “Hedging Activities and Derivative Instruments.”The before tax income (loss) and related income tax effect are as follows.For the Three Month Period Ended June 30,20252024Before-Tax AmountTax Benefit (Expense)Net of Tax AmountBefore-Tax AmountTax Benefit (Expense)Net of Tax AmountForeign currency translation adjustments, net$187.7 $28.0 $215.7 $(26.5)$(7.5)$(34.0)Unrecognized losses on cash flow hedges(2.9)— (2.9)(7.1)5.0 (2.1)Pension and other postretirement benefit prior service cost and gain or loss, net(4.1)1.0 (3.1)(1.8)0.4 (1.4)Other comprehensive income (loss)$180.7 $29.0 $209.7 $(35.4)$(2.1)$(37.5)For the Six Month Period Ended June 30,20252024Before-Tax AmountTax Benefit (Expense)Net of Tax AmountBefore-Tax AmountTax Benefit (Expense)Net of Tax AmountForeign currency translation adjustments, net$302.2 $37.2 $339.4 $(93.9)$(13.6)$(107.5)Unrecognized losses on cash flow hedges(5.9)(0.1)(6.0)(7.2)5.0 (2.2)Pension and other postretirement benefit prior service cost and gain or loss, net(7.6)1.9 (5.7)(3.7)0.9 (2