XML 60 R41.htm IDEA: XBRL DOCUMENT v3.25.4
RETIREMENT BENEFIT PLANS (Tables)
 12 Months Ended
Dec. 31, 2025
Retirement Benefits [Abstract]  
Schedule of Funded Status of Non-U.S. Plans
The following sets forth the funded status of Ralliant’s non-U.S. plans and amounts recorded in AOCI as of the most recent actuarial valuations using measurement dates of December 31:
20252024
Change in pension benefit obligation:
Benefit obligation at beginning of year$119.4 $132.8 
Service cost1.5 0.3 
Interest cost5.1 4.8 
Employee contributions0.2 0.2 
Benefits paid
(8.6)(7.2)
Actuarial gain
(4.7)(4.5)
Settlements
(0.3)(1.8)
Foreign exchange rate impact12.5 (5.2)
Plan acquisitions and other(0.8)— 
Benefit obligation at end of year124.3 119.4 
Change in plan assets:
Fair value of plan assets at beginning of year73.0 83.9 
Actual return on plan assets2.1 (4.5)
Employer contributions4.9 4.1 
Employee contributions0.2 0.2 
Settlements
(0.3)(1.8)
Benefits paid
(8.5)(7.2)
Foreign exchange rate impact5.9 (1.7)
Plan acquisitions and other(1.8)— 
Fair value of plan assets at end of year75.5 73.0 
Funded status$(48.8)$(46.4)
Schedule of Difference Amounts Recorded in Consolidated and Combined Balance Sheets
Amounts recorded in the Consolidated and Combined Balance Sheets as of December 31:
20252024
Other assets$8.3 $9.2 
Accrued expenses and other current liabilities(3.9)(3.3)
Other long-term liabilities(53.2)(52.3)
Net amount$(48.8)$(46.4)
Schedule of Difference Amounts Recorded in AOCI
Amounts recorded in AOCI as of December 31:
20252024
Prior service credit
$(1.2)$(1.2)
Net gain
(18.3)(20.3)
Total pre-tax amount$(19.5)$(21.5)
Schedule of Weighted Average Assumptions
Weighted average assumptions used to determine benefit obligations at date of measurement
20252024
Discount rate4.54 %4.22 %
Rate of compensation increase2.93 %2.93 %
Weighted average assumptions used to determine net periodic pension cost at date of measurement
202520242023
Discount rate4.22 %3.88 %4.33 %
Expected return on plan assets4.92 %5.02 %5.07 %
Rate of compensation increase2.93 %2.95 %3.10 %
Schedule of Net Periodic Pension Cost
The following sets forth the components of net periodic pension cost for Ralliant’s non-U.S. plans for the years ended December 31:
202520242023
Service cost$1.5 $0.3 $0.3 
Interest cost5.1 4.8 5.2 
Expected return on plan assets(3.5)(4.0)(3.9)
Amortization of net loss0.6 0.3 0.3 
Amortization of prior service cost0.1 0.1 0.2 
Net settlement loss recognized
— 0.2 — 
Net periodic pension cost$3.8 $1.7 $2.1 
Schedule of Fair Value of Pension Plan Assets
The fair values of Ralliant’s pension plan assets as of December 31, 2025 by asset category were as follows: 
Quoted Prices in Active Market
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)		Total
Cash and equivalents$7.1 $— $— $7.1 
Mutual funds— 52.8 — 52.8 
Insurance contracts— 5.6 — 5.6 
Total$7.1 $58.4 $— $65.5 
Investments measured at NAV(a):
Mutual funds and other private investments
10.0 
Total assets at fair value$75.5 
(a) The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to the total fair value of plan assets.
The fair values of Ralliant’s pension plan assets as of December 31, 2024 by asset category were as follows:
Quoted Prices in Active Market
(Level 1)
Significant Other Observable Inputs
(Level 2)
Significant
Unobservable
Inputs
(Level 3)		Total
Cash and equivalents$43.2 $— $— $43.2 
Mutual funds— 15.9 — 15.9 
Insurance contracts— 5 — 5 
Total$43.2 $20.9 $— $64.1 
Investments measured at NAV(a):
Mutual funds and other private investments
8.9 
Total assets at fair value$73.0 
(a) The fair value amounts presented in the table above are intended to permit reconciliation of the fair value hierarchy to the total fair value of plan assets.
Schedule of Expected Benefit Payments
The following sets forth benefit payments to participants, which reflect expected future service, as appropriate, expected to be paid by the plans in the periods indicated:
2026$9.0 
20278.8 
20289.8 
20298.8 
20308.9 
2031-2035
43.1