ACCUMULATED OTHER COMPREHENSIVE INCOME (LOSS) (Tables)

12 Months Ended

Dec. 31, 2025

Schedule of Activity in Accumulated Other Comprehensive Income (Loss)

Activity in accumulated other comprehensive (loss) income is as follows:


	Year Ended December 31,
	2025		2024		2023
Foreign currency translation, beginning	$	(203.9)	$	(89.8)	$	(157.0)
Other comprehensive income (loss)(1)	174.8		(114.1)		67.2
Foreign currency translation, ending	(29.1)		(203.9)		(89.8)
Interest rate swaps, beginning	74.6		87.7		110.2
Unrealized gain (loss) deferred during the period(2)(3)	(27.4)		(13.1)		(22.5)
Interest rate swaps, ending	47.2		74.6		87.7
Pension, beginning	(6.9)		(2.4)		0.6
Actuarial gain (loss), net of income taxes(4)	(3.5)		(4.5)		(3.0)
Pension, ending	(10.4)		(6.9)		(2.4)
Foreign currency exchange forwards, beginning	(12.6)		—		—
Unrealized gain (loss) deferred during the period(5)	23.1		(12.6)		—
Foreign currency exchange forwards, ending	10.5		(12.6)		—
Accumulated other comprehensive (loss) income	$	18.2	$	(148.8)	$	(4.5)

(1)For the year ended December 31, 2025 and 2024 foreign currency translation included tax effects of $2.0 and $2.0, respectively, refer to "Note 8 - Income Taxes" for additional information.

(2)During the year ended December 31, 2025, 2024, and 2023, $32.4, $41.7, and $38.9 respectively, was reclassified into earnings.

(3)For the year ended December 31, 2025 and 2024 interest rate swaps included tax effects of $8.2 and $4.0, respectively.

(4)For the year ended December 31, 2025 and 2024 pension included tax effects of $0.9 and $0.3, respectively.

(5)For the year ended December 31, 2025 and 2024 foreign currency exchange forwards included tax effects of $3.8 and $3.8, respectively.

Vertiv Holdings Co 10-K