Ingersoll Rand Inc. (IR) Risk Factors

Recent key developments

Concrete developments — dated events, named agreements and instruments, legal proceedings — that Ingersoll Rand Inc. surfaced in its latest filing.

• The One Big Beautiful Bill Act (OBBBA), signed July 4, 2025, extends and modifies Tax Cuts & Jobs Act provisions and adjusts Inflation Reduction Act incentives. OBBBA impact is reflected in consolidated financial statements as of December 31, 2025, with future-year effects still being assessed.July 4, 2025
• OECD Pillar 2 establishes a 15% global minimum corporate tax, effective January 1, 2024 for certain aspects and January 1, 2025 for others. Certain countries where the company operates have adopted Pillar 2 legislation, and others are introducing it, potentially materially affecting the effective tax rate and cash taxes.
• Tariffs on steel and aluminum products under Section 232 of the Trade Expansion Act of 1962 apply to certain derivative steel products used in the company's operations. Some affected countries have announced or imposed reciprocal tariffs on U.S. goods.
• U.K.'s withdrawal from the European Union.
• Russia-Ukraine war and Middle East conflicts.
• Incurred restructuring charges of $51.4 million in 2025 and $31.2 million in 2024. Restructuring includes workforce reductions and facility consolidations across global manufacturing, sales and distribution footprint.2025
• European Union's Corporate Sustainability Reporting Directive imposes reporting requirements.
• Presidential executive orders issued in early 2025 impose new obligations for Federal contractors/subcontractors to certify compliance with existing Federal anti-discrimination laws. Federal agencies are directed to formulate enforcement plans to deter DEI programs in the private sector that advance unlawful discrimination or preferences.early 2025
• We have been identified as a potentially responsible party with respect to several sites designated for cleanup under U.S. federal 'Superfund' or similar state laws that may impose joint and several liability for cleanup of certain waste sites and for related natural resource damages. A liability on our balance sheet reflects costs that are probable and estimable for our projected financial obligations relating to these matters.
• Total indebtedness of $4,784.7 million as of December 31, 2025. Availability of $2,600 million under the Revolving Credit Facility and $2,600 million under the Commercial Paper Program. Borrowings under the Revolving Credit Facility are subject to variable interest rates. Portions of Senior Notes have been swapped to variable interest rates. We can increase borrowing availability under the Revolving Credit Facility by up to $1,000.0 million in additional commitments.December 31, 2025
• Projected benefit obligations exceeded plan assets by $132.5 million as of December 31, 2025. Funded and unfunded pension and other postretirement benefit plans worldwide.December 31, 2025