Company: NGVT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001653477-25-000127
Chunk: 91

Company: Ingevity Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 8
Chunk 91
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30, 2025 and December 31, 2024, respectively.Effect of Cash Flow Hedge Accounting on AOCIIn millionsAmount of Gain (Loss) Recognized in AOCIAmount of Gain (Loss) Reclassified from AOCI into Net income (loss)Location of Gain (Loss) Reclassified from AOCI in Net income (loss)Three Months Ended September 30,2025202420252024Cash flow hedging derivativesCurrency exchange contracts$0.1 $— $(0.1)$— Net salesNatural gas contracts(0.8)(0.3)0.3 (0.8)Cost of salesInterest rate swap contracts(0.2)(1.7)— — Interest expense, netTotal$(0.9)$(2.0)$0.2 $(0.8)In millionsAmount of Gain (Loss) Recognized in AOCIAmount of Gain (Loss) Reclassified from AOCI into Net income (loss)Location of Gain (Loss) Reclassified from AOCI in Net income (loss)Nine Months Ended September 30,2025202420252024Cash flow hedging derivativesCurrency exchange contracts$(0.4)$0.1 $(0.3)$— Net salesNatural gas contracts(1.2)(0.7)0.2 (2.3)Cost of salesInterest rate swap contracts(1.0)(1.7)— — Interest expense, netTotal$(2.6)$(2.3)$(0.1)$(2.3)Within the next twelve months, we expect to reclassify $1.3 million of net gains from AOCI to income, before taxes.

15

INGEVITY CORPORATIONNotes to the Condensed Consolidated Financial StatementsSeptember 30, 2025(Unaudited)

Fair Value MeasurementsThe following information is presented for derivative assets and liabilities that are recorded in the condensed consolidated balance sheets at fair value measured on a recurring basis. There were no transfers of assets and liabilities that are recorded at fair value between Level 1 and Level 2 during the periods reported. There were no nonrecurring fair value measurements related to derivative assets and liabilities on the condensed consolidated balance sheets as of September 30, 2025, or December 31, 2024.September 30, 2025In millionsLevel 1(1)Level 2(2)Level 3(3)