Company: CHD
Filing Date: 2025-02-13
Form Type: 10-K
Source: 0000950170-25-019801
Chunk: 140

Company: CHURCH & DWIGHT CO INC /DE/
Filing Date: 2025-02-13
Form: 10-K
Item: Item 1B
Chunk 140
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s reclassified to consolidated statement of   income(a)
         
        0.0

        0.0

        (4.0
        )

        (4.0
        )

        Tax benefit (expense)
         
        0.0

        0.0

        (4.9
        )

        (4.9
        )

        Other comprehensive income (loss)
         
        (15.4
        )

        (0.2
        )

        11.9

        (3.7
        )

        Balance December 31, 2024
        $
        (53.2
        )
         
        $
        4.4

        $
        17.9

        $
        (30.9
        )

(a)Amounts reclassified to cost of sales, selling, general and administrative expenses, or interest expense.  

15.Commitments, Contingencies and Guarantees Commitments  a. The Company has a partnership with a supplier of raw materials that mines and processes sodium-based mineral deposits.  The Company purchases the majority of its sodium-based raw material requirements from the partnership.  The partnership agreement terminates upon two years’ written notice by either partner.  Under the partnership agreement, the Company has an annual commitment to purchase 

82

CHURCH & DWIGHT CO., INC. AND SUBSIDIARIESNOTES TO CONSOLIDATED FINANCIAL STATEMENTS – (Continued)(In millions, except share and per share data) 

240,000 tons of sodium-based raw materials at the prevailing market price.  The Company is not engaged in any other material transactions with the partnership or the partner supplier.  b. As of December 31, 2024, the Company had commitments of approximately $425.3.  These commitments include the purchase of raw materials, packaging supplies and services from its vendors at market prices to enable the Company to respond quickly to changes in customer orders or requirements, as well as costs associated with licensing and promotion agreements.  c. As of December 31, 2024, the Company had various guarantees and letters of credit totaling $7.6.     d. In connection with the December 1, 2020 acquisition of the ZICAM® brand (the "Zicam Acquisition"), the Company deferred an additional cash payment of $20.0 related to certain indemnifications provided by the seller.  The additional amount, to the extent not used in