10-Q Filing

INGERSOLL RAND INC. CIK: 1699150 Q2 2020

Filing Information

Form Type	10-Q
Accession Number	`0001140361-20-017479`
Period End Date	20200630
Filing Date	20200804
Fiscal Year	2020
Fiscal Period	Q2
XBRL Instance	form10q_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 68 Cash Flow Statement 82 Stockholders Equity 26 Comprehensive Income 44

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$65.60M	USD	Point-in-time
Accounts receivable, allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$505.50M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.17B	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$298.40M	USD	Point-in-time
Property, plant and equipment, accumulated depreciation	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$335.20M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $65.6 and $18.4, respectively	`AccountsReceivableNetCurrent`	$922.20M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $65.6 and $18.4, respectively	`AccountsReceivableNetCurrent`	$459.10M	USD	Point-in-time
Inventories	`InventoryNet`	$1.03B	USD	Point-in-time
Inventories	`InventoryNet`	$502.50M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$204.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$76.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.54B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.33B	USD	Point-in-time
Common stock, par value (in dollars per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $335.2 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$326.60M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $335.2 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$832.00M	USD	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock, shares authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Goodwill	`Goodwill`	$6.06B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	206.77M	shares	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Common stock, shares issued (in shares)	`CommonStockSharesIssued`	418.59M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.70M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockShares`	1.63M	shares	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.85B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.25B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$13.70M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$3.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$212.20M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$357.00M	USD	Point-in-time
Total assets	`Assets`	$4.63B	USD	Point-in-time
Total assets	`Assets`	$15.43B	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.60M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$39.80M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$683.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$322.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$244.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$754.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.48B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$574.60M	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$3.82B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$1.60B	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$271.10M	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$99.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$251.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$913.30M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$312.20M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$229.40M	USD	Point-in-time
Total liabilities	`Liabilities`	$2.76B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.79B	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 15)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized;418,592,336 and 206,767,529 shares issued as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$2.10M	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized;418,592,336 and 206,767,529 shares issued as of June 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$4.20M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.30B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$9.26B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-356.80M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-141.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-293.20M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-256.00M	USD	Point-in-time
Treasury stock at cost; 1,633,875 and 1,701,785 shares as of June 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$36.80M	USD	Point-in-time
Treasury stock at cost; 1,633,875 and 1,701,785 shares as of June 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$35.80M	USD	Point-in-time
Total Ingeroll Rand Inc stockholders' equity	`StockholdersEquity`	$8.57B	USD	Point-in-time
Total Ingeroll Rand Inc stockholders' equity	`StockholdersEquity`	$1.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$66.90M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total stockholders' equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.64B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$4.63B	USD	Point-in-time
Total liabilities and stockholders' equity	`LiabilitiesAndStockholdersEquity`	$15.43B	USD	Point-in-time

Income Statement 68 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.25B	USD	2 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$629.10M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.26B	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.06B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$1.46B	USD	2 Qtrs
Cost of sales	`CostOfRevenue`	$394.70M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$904.40M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$784.50M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$464.90M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$604.50M	USD	2 Qtrs
Gross Profit	`GrossProfit`	$360.00M	USD	1 Quarter
Gross Profit	`GrossProfit`	$234.40M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$110.70M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$403.10M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$227.70M	USD	2 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$247.70M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$169.80M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$30.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$114.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$62.30M	USD	2 Qtrs
Other operating expense, net	`OtherCostAndExpenseOperating`	$20.00M	USD	2 Qtrs
Other operating expense, net	`OtherCostAndExpenseOperating`	$49.90M	USD	1 Quarter
Other operating expense, net	`OtherCostAndExpenseOperating`	$150.60M	USD	2 Qtrs
Other operating expense, net	`OtherCostAndExpenseOperating`	$18.20M	USD	1 Quarter
Operating (Loss) Income	`OperatingIncomeLoss`	$-52.20M	USD	1 Quarter
Operating (Loss) Income	`OperatingIncomeLoss`	$-119.00M	USD	2 Qtrs
Operating (Loss) Income	`OperatingIncomeLoss`	$154.90M	USD	2 Qtrs
Operating (Loss) Income	`OperatingIncomeLoss`	$74.60M	USD	1 Quarter
Interest expense	`InterestExpense`	$44.80M	USD	2 Qtrs
Interest expense	`InterestExpense`	$57.90M	USD	2 Qtrs
Interest expense	`InterestExpense`	$22.40M	USD	1 Quarter
Interest expense	`InterestExpense`	$30.80M	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	2 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.50M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.30M	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$2.50M	USD	2 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$1.20M	USD	1 Quarter
(Loss) Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$112.40M	USD	2 Qtrs
(Loss) Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-80.70M	USD	1 Quarter
(Loss) Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$53.20M	USD	1 Quarter
(Loss) Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-176.40M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$95.80M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$8.30M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$20.30M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$37.00M	USD	2 Qtrs
Net (Loss) Income	`ProfitLoss`	$92.10M	USD	2 Qtrs
Net (Loss) Income	`ProfitLoss`	$-176.50M	USD	1 Quarter
Net (Loss) Income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net (Loss) Income	`ProfitLoss`	$-213.40M	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	2 Qtrs
Net (Loss) Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$44.90M	USD	1 Quarter
Net (Loss) Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-177.60M	USD	1 Quarter
Net (Loss) Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$92.10M	USD	2 Qtrs
Net (Loss) Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-214.40M	USD	2 Qtrs
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.62	USD	2 Qtrs
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$-0.43	USD	1 Quarter
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.45	USD	2 Qtrs
Basic (loss) earnings per share (in dollars per share)	`EarningsPerShareBasic`	$0.22	USD	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.21	USD	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.43	USD	1 Quarter
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$0.44	USD	2 Qtrs
Diluted (loss) earnings per share (in dollars per share)	`EarningsPerShareDiluted`	$-0.62	USD	2 Qtrs

Cash Flow Statement 82 line items

Line Item	Tag	Value	Unit	Period
Net (Loss) income	`ProfitLoss`	$92.10M	USD	2 Qtrs
Net (Loss) income	`ProfitLoss`	$-176.50M	USD	1 Quarter
Net (Loss) income	`ProfitLoss`	$44.90M	USD	1 Quarter
Net (Loss) income	`ProfitLoss`	$-213.40M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$169.80M	USD	2 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$30.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$114.60M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$62.30M	USD	2 Qtrs
Depreciation in cost of sales	`CostOfGoodsAndServicesSoldDepreciation`	$41.70M	USD	2 Qtrs
Depreciation in cost of sales	`CostOfGoodsAndServicesSoldDepreciation`	$22.80M	USD	2 Qtrs
Depreciation in selling and administrative expenses	`DepreciationNonproduction`	$4.80M	USD	2 Qtrs
Depreciation in selling and administrative expenses	`DepreciationNonproduction`	$5.30M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$13.60M	USD	2 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$16.20M	USD	2 Qtrs
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.70M	USD	2 Qtrs
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-7.80M	USD	2 Qtrs
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-600.00K	USD	1 Quarter
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.20M	USD	1 Quarter
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$25.10M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$6.50M	USD	2 Qtrs
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$45.90M	USD	2 Qtrs
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	-	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$100.00K	USD	2 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-14.50M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-17.20M	USD	2 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-111.50M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$35.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$7.80M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$26.50M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-800.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-900.00K	USD	2 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$98.70M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$26.00M	USD	2 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$56.10M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$315.80M	USD	2 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$130.10M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$24.70M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$25.40M	USD	2 Qtrs
Net cash acquired (paid) in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-41.30M	USD	2 Qtrs
Net cash acquired (paid) in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$500.00K	USD	2 Qtrs
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipmentNet`	$700.00K	USD	2 Qtrs
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipmentNet`	$1.40M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$17.30M	USD	2 Qtrs
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-24.50M	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.60B	USD	2 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$28.80M	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.98B	USD	2 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$17.10M	USD	2 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.30M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.80M	USD	2 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$32.10M	USD	2 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$700.00K	USD	2 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.00M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$46.60M	USD	2 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$300.00K	USD	2 Qtrs
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	$1.00M	USD	2 Qtrs
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	-	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-800.00K	USD	2 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-16.10M	USD	2 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$336.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.80M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-1.90M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$668.10M	USD	2 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$96.30M	USD	2 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$317.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.20M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.50M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$317.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.20M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.50M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.17B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$30.50M	USD	2 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$31.50M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$54.20M	USD	2 Qtrs
Cash paid for interest	`InterestPaidNet`	$42.50M	USD	2 Qtrs
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$3.00M	USD	2 Qtrs
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$16.90M	USD	2 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.80M	USD	2 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.10M	USD	2 Qtrs

Stockholders Equity 26 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.64B	USD	Point-in-time
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$44.90M	USD	1 Quarter
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-177.60M	USD	1 Quarter
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$92.10M	USD	2 Qtrs
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-214.40M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-47.30M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.40M	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$-6.50M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTaxPortionAttributableToParent`	$44.90M	USD	1 Quarter
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$1.40M	USD	2 Qtrs
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$5.50M	USD	1 Quarter
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$6.70M	USD	2 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.40M	USD	2 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.20M	USD	1 Quarter
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.40M	USD	2 Qtrs
Noncontrolling interest from acquisition of Ingersoll Rand Industrial	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Noncontrolling interest from acquisition of Ingersoll Rand Industrial	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Noncontrolling interest from acquisition of Ingersoll Rand Industrial	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Noncontrolling interest from acquisition of Ingersoll Rand Industrial	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	2 Qtrs
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.64B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$44.90M	USD	1 Quarter
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-177.60M	USD	1 Quarter
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$92.10M	USD	2 Qtrs
Net (loss) income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-214.40M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$44.90M	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-47.30M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.50M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-6.40M	USD	1 Quarter
Unrecognized gain (loss) on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$1.40M	USD	2 Qtrs
Unrecognized gain (loss) on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Unrecognized gain (loss) on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$5.50M	USD	1 Quarter
Unrecognized gain (loss) on cash flow hedges, net	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$6.70M	USD	2 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.40M	USD	2 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.20M	USD	1 Quarter
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-500.00K	USD	1 Quarter
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.40M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-5.70M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-3.70M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-37.20M	USD	2 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$50.90M	USD	1 Quarter
Comprehensive (loss) income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$-126.70M	USD	1 Quarter
Comprehensive (loss) income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$-251.60M	USD	2 Qtrs
Comprehensive (loss) income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$88.40M	USD	2 Qtrs
Comprehensive (loss) income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$39.20M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.10M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.00M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-4.40M	USD	2 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-4.40M	USD	2 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-400.00K	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.40M	USD	2 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$700.00K	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Total Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$39.20M	USD	1 Quarter
Total Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-255.00M	USD	2 Qtrs
Total Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$88.40M	USD	2 Qtrs
Total Comprehensive (Loss) Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-126.00M	USD	1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.