Company: NGVT
Filing Date: 2025-11-06
Form Type: 10-Q
Source: 0001653477-25-000127
Chunk: 27

Company: Ingevity Corp
Filing Date: 2025-11-06
Form: 10-Q
Item: Part I, Item 1
Chunk 27
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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)TotalAssets:Currency exchange contracts (4)$— $0.4 $— $0.4 Total assets$— $0.4 $— $0.4 Liabilities:Natural gas contracts (6)$— $0.8 $— $0.8 Currency exchange contracts (6)— 0.5 — 0.5 Interest rate swap contracts (7)— 0.3 — 0.3 Total liabilities$— $1.6 $— $1.6 December 31, 2024In millionsLevel 1(1)Level 2(2)Level 3(3)TotalAssets:Natural gas contracts (4)$— $0.4 $— $0.4 Currency exchange contracts (4)— 0.2 — 0.2 Interest rate swap contracts (5)— 0.6 — 0.6 Total assets$— $1.2 $— $1.2 Liabilities:Natural gas contracts (6)$— $0.1 $— $0.1 Currency exchange contracts (6)— 0.1 — 0.1 Total liabilities$— $0.2 $— $0.2 _______________(1) Quoted prices in active markets for identical assets.(2) Quoted prices for similar assets and liabilities in active markets.(3) Significant unobservable inputs.(4) Included within