10-K Filing

TRANE TECHNOLOGIES PLC CIK: 1466258 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001466258-21-000027`
Period End Date	20201231
Filing Date	20210209
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	tt-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 72 Income Statement 120 Cash Flow Statement 128 Stockholders Equity 41

Balance Sheet 72 line items

Line Item	Tag	Value	Unit	Period
Ordinary shares, par value, in dollars or euros per share, as stated	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Ordinary shares, par value, in dollars or euros per share, as stated	`CommonStockParOrStatedValuePerShare`	$1.00	USD	Point-in-time
Ordinary shares issued	`CommonStockSharesIssued`	262.80M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.52B	USD	Point-in-time
Ordinary shares issued	`CommonStockSharesIssued`	263.31M	shares	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$878.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Accounts and notes receivable, net	`ReceivablesNetCurrent`	$2.18B	USD	Point-in-time
Accounts and notes receivable, net	`ReceivablesNetCurrent`	$2.20B	USD	Point-in-time
Ordinary shares owned by subsidiary	`TreasuryStockShares`	24.50M	shares	Point-in-time
Ordinary shares owned by subsidiary	`TreasuryStockShares`	24.50M	shares	Point-in-time
Inventories	`InventoryNet`	$1.28B	USD	Point-in-time
Inventories	`InventoryNet`	$1.19B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$344.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$224.40M	USD	Point-in-time
Disposal Group, Including Discontinued Operation, Assets	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	$4.21B	USD	Point-in-time
Disposal Group, Including Discontinued Operation, Assets	`AssetsOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Total current assets	`AssetsCurrent`	$9.29B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$6.91B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.35B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.35B	USD	Point-in-time
Goodwill	`Goodwill`	$5.34B	USD	Point-in-time
Goodwill	`Goodwill`	$5.10B	USD	Point-in-time
Goodwill	`Goodwill`	$5.13B	USD	Point-in-time
Intangible Assets, Net (Excluding Goodwill)	`IntangibleAssetsNetExcludingGoodwill`	$3.32B	USD	Point-in-time
Intangible Assets, Net (Excluding Goodwill)	`IntangibleAssetsNetExcludingGoodwill`	$3.29B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.40B	USD	Point-in-time
Other noncurrent assets	`OtherAssetsNoncurrent`	$1.27B	USD	Point-in-time
Total assets	`Assets`	$18.16B	USD	Point-in-time
Total assets	`Assets`	$20.49B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.38B	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$1.52B	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$451.10M	USD	Point-in-time
Accrued compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$442.40M	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.56B	USD	Point-in-time
Accrued expenses and other current liabilities	`AccruedLiabilitiesCurrent`	$1.59B	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`DebtCurrent`	$650.30M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`DebtCurrent`	$775.60M	USD	Point-in-time
Disposal Group, Including Discontinued Operation, Liabilities	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	-	USD	Point-in-time
Disposal Group, Including Discontinued Operation, Liabilities	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation`	$1.20B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$5.24B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$4.34B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.50B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$4.92B	USD	Point-in-time
Postemployment and other benefit liabilities	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$1.02B	USD	Point-in-time
Postemployment and other benefit liabilities	`PensionAndOtherPostretirementAndPostemploymentBenefitPlansLiabilitiesNoncurrent`	$1.05B	USD	Point-in-time
Deferred and noncurrent income taxes	`DeferredTaxLiabilitiesAndOtherTaxLiabilitiesNoncurrent`	$578.50M	USD	Point-in-time
Deferred and noncurrent income taxes	`DeferredTaxLiabilitiesAndOtherTaxLiabilitiesNoncurrent`	$572.00M	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.40B	USD	Point-in-time
Other noncurrent liabilities	`OtherLiabilitiesNoncurrent`	$1.29B	USD	Point-in-time
Total liabilities	`Liabilities`	$13.18B	USD	Point-in-time
Total liabilities	`Liabilities`	$11.73B	USD	Point-in-time
Trane Technologies plc shareholders' equity Ordinary shares, $1 par value	`CommonStockValue`	$262.80M	USD	Point-in-time
Trane Technologies plc shareholders' equity Ordinary shares, $1 par value	`CommonStockValue`	$263.30M	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$1.72B	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$1.72B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$9.73B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$8.50B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-1.01B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-964.10M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-631.50M	USD	Point-in-time
Total Trane Technologies plc shareholders' equity	`StockholdersEquity`	$6.41B	USD	Point-in-time
Total Trane Technologies plc shareholders' equity	`StockholdersEquity`	$7.27B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$19.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$44.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.21B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.06B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.31B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$18.16B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$20.49B	USD	Point-in-time

Income Statement 120 line items

Line Item	Tag	Value	Unit	Period
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$13.08B	USD	Annual
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.34B	USD	Annual
Net revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$12.45B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$9.09B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$8.58B	USD	Annual
Cost of goods sold	`CostOfGoodsAndServicesSold`	$8.65B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.25B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.32B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$2.27B	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$1.67B	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$1.53B	USD	Annual
Operating income (loss)	`OperatingIncomeLoss`	$1.51B	USD	Annual
Interest expense	`InterestExpense`	$221.00M	USD	Annual
Interest expense	`InterestExpense`	$248.70M	USD	Annual
Interest expense	`InterestExpense`	$242.80M	USD	Annual
Other, net	`NonoperatingIncomeExpense`	$-28.40M	USD	Annual
Other, net	`NonoperatingIncomeExpense`	$-33.30M	USD	Annual
Other, net	`NonoperatingIncomeExpense`	$4.10M	USD	Annual
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.40B	USD	Annual
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.29B	USD	Annual
Earnings (loss) before income taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$1.26B	USD	Annual
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$296.80M	USD	Annual
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$234.90M	USD	Annual
Benefit (provision) for income taxes	`IncomeTaxExpenseBenefit`	$238.60M	USD	Annual
Earnings (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$991.40M	USD	Annual
Earnings (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.02B	USD	Annual
Earnings (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$1.16B	USD	Annual
Discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$334.60M	USD	Annual
Discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$268.20M	USD	Annual
Discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-121.40M	USD	Annual
Net earnings	`ProfitLoss`	$1.43B	USD	Annual
Net earnings	`ProfitLoss`	$1.36B	USD	Annual
Net earnings	`ProfitLoss`	$870.00M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$15.20M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$14.20M	USD	Annual
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest	`IncomeLossFromContinuingOperationsAttributableToNoncontrollingEntity`	$15.10M	USD	Annual
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$4.80M	USD	Annual
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$900.00K	USD	Annual
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Noncontrolling Interest	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToNoncontrollingInterest`	$2.40M	USD	Annual
Net earnings (loss) attributable to Trane Technologies plc	`NetIncomeLoss`	$1.34B	USD	Annual
Net earnings (loss) attributable to Trane Technologies plc	`NetIncomeLoss`	$1.41B	USD	Annual
Net earnings (loss) attributable to Trane Technologies plc	`NetIncomeLoss`	$854.90M	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperations`	$1.01B	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperations`	$977.20M	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperations`	$1.15B	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$329.80M	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$-122.30M	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$265.80M	USD	Annual
Net earnings (loss) attributable to Trane Technologies plc	`NetIncomeLoss`	$1.34B	USD	Annual
Net earnings (loss) attributable to Trane Technologies plc	`NetIncomeLoss`	$1.41B	USD	Annual
Net earnings (loss) attributable to Trane Technologies plc	`NetIncomeLoss`	$854.90M	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.07	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.74	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerBasicShare`	$4.08	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$-0.51	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$1.33	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$1.10	USD	Annual
Net earnings	`EarningsPerShareBasic`	$3.56	USD	Annual
Net earnings	`EarningsPerShareBasic`	$5.84	USD	Annual
Net earnings	`EarningsPerShareBasic`	$5.41	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.02	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.69	USD	Annual
Continuing operations	`IncomeLossFromContinuingOperationsPerDilutedShare`	$4.03	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$1.08	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$-0.50	USD	Annual
Discontinued operations	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$1.32	USD	Annual
Net earnings	`EarningsPerShareDiluted`	$3.52	USD	Annual
Net earnings	`EarningsPerShareDiluted`	$5.35	USD	Annual
Net earnings	`EarningsPerShareDiluted`	$5.77	USD	Annual
Net earnings	`ProfitLoss`	$1.43B	USD	Annual
Net earnings	`ProfitLoss`	$1.36B	USD	Annual
Net earnings	`ProfitLoss`	$870.00M	USD	Annual
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-37.10M	USD	Annual
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-230.60M	USD	Annual
Currency translation	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$261.50M	USD	Annual
Derivative instruments, gain (loss) recognized in Other comprehensive income (loss), effective portion, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$3.30M	USD	Annual
Derivative instruments, gain (loss) recognized in Other comprehensive income (loss), effective portion, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$-2.70M	USD	Annual
Derivative instruments, gain (loss) recognized in Other comprehensive income (loss), effective portion, net	`OtherComprehensiveIncomeUnrealizedGainLossOnDerivativesArisingDuringPeriodBeforeTax`	$1.20M	USD	Annual
Cash flow hedges and marketable securities net gains (losses) reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-900.00K	USD	Annual
Cash flow hedges and marketable securities net gains (losses) reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-1.90M	USD	Annual
Cash flow hedges and marketable securities net gains (losses) reclassified into earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesBeforeTax`	$-700.00K	USD	Annual
Cash flow hedges and marketable securities tax (expense) benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$900.00K	USD	Annual
Cash flow hedges and marketable securities tax (expense) benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	-	USD	Annual
Cash flow hedges and marketable securities tax (expense) benefit	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIOnDerivativesTax`	$-100.00K	USD	Annual
Total cash flow hedges and marketable securities net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$-1.10M	USD	Annual
Total cash flow hedges and marketable securities net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$5.20M	USD	Annual
Total cash flow hedges and marketable securities net of tax	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTax`	$2.00M	USD	Annual
Pension and OPEB adjustments prior service gains (costs) for the period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$1.90M	USD	Annual
Pension and OPEB adjustments prior service gains (costs) for the period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$16.00M	USD	Annual
Pension and OPEB adjustments prior service gains (costs) for the period	`OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax`	$5.70M	USD	Annual
Pension and OPEB adjustments net actuarial gains (losses) for the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$12.80M	USD	Annual
Pension and OPEB adjustments net actuarial gains (losses) for the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-41.90M	USD	Annual
Pension and OPEB adjustments net actuarial gains (losses) for the period	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax`	$-52.50M	USD	Annual
Pension and OPEB adjustments amortization reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-43.40M	USD	Annual
Pension and OPEB adjustments amortization reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-50.70M	USD	Annual
Pension and OPEB adjustments amortization reclassified to earnings	`OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossBeforeTax`	$-48.10M	USD	Annual
Pension and OPEB adjustments settlements and curtailments reclassified to earnings	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax`	$2.20M	USD	Annual
Pension and OPEB adjustments settlements and curtailments reclassified to earnings	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax`	$2.50M	USD	Annual
Pension and OPEB adjustments settlements and curtailments reclassified to earnings	`OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax`	$-1.80M	USD	Annual
Pension and OPEB adjustments currency translation and other	`Othercomprehensiveincomelosspensionandotherpostretirementbenefitplanscurrencytranslationbeforetax`	$-1.40M	USD	Annual
Pension and OPEB adjustments currency translation and other	`Othercomprehensiveincomelosspensionandotherpostretirementbenefitplanscurrencytranslationbeforetax`	$-10.40M	USD	Annual
Pension and OPEB adjustments currency translation and other	`Othercomprehensiveincomelosspensionandotherpostretirementbenefitplanscurrencytranslationbeforetax`	$7.50M	USD	Annual
Pension and OPEB adjustments tax (expense) benefit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-700.00K	USD	Annual
Pension and OPEB adjustments tax (expense) benefit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-4.70M	USD	Annual
Pension and OPEB adjustments tax (expense) benefit	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax`	$-17.20M	USD	Annual
Total pension and OPEB adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$-40.30M	USD	Annual
Total pension and OPEB adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$23.90M	USD	Annual
Total pension and OPEB adjustments, net of tax	`OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax`	$3.40M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-41.60M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$242.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-188.30M	USD	Annual
Total comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.11B	USD	Annual
Total comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.17B	USD	Annual
Total comprehensive income (loss), net of tax	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$1.39B	USD	Annual
Total comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$18.50M	USD	Annual
Total comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$17.80M	USD	Annual
Total comprehensive (income) loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$16.90M	USD	Annual
Total comprehensive income (loss) attributable to Trane Technologies plc	`ComprehensiveIncomeNetOfTax`	$1.15B	USD	Annual
Total comprehensive income (loss) attributable to Trane Technologies plc	`ComprehensiveIncomeNetOfTax`	$1.09B	USD	Annual
Total comprehensive income (loss) attributable to Trane Technologies plc	`ComprehensiveIncomeNetOfTax`	$1.37B	USD	Annual

Cash Flow Statement 128 line items

Line Item	Tag	Value	Unit	Period
Net earnings	`ProfitLoss`	$1.43B	USD	Annual
Net earnings	`ProfitLoss`	$1.36B	USD	Annual
Net earnings	`ProfitLoss`	$870.00M	USD	Annual
Discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$334.60M	USD	Annual
Discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$268.20M	USD	Annual
Discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$-121.40M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$294.30M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$282.30M	USD	Annual
Depreciation and amortization	`DepreciationAmortizationAndAccretionNet`	$288.80M	USD	Annual
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$85.00M	USD	Annual
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$68.80M	USD	Annual
Pension and Other Postretirement Benefits Expense (Reversal of Expense), Noncash	`PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash`	$96.30M	USD	Annual
Share-based Payment Arrangement, Noncash Expense	`ShareBasedCompensation`	$78.80M	USD	Annual
Share-based Payment Arrangement, Noncash Expense	`ShareBasedCompensation`	$66.40M	USD	Annual
Share-based Payment Arrangement, Noncash Expense	`ShareBasedCompensation`	$69.50M	USD	Annual
Other items	`OtherAdjustmentsForCashAndNoncashItemsIncludedInIncomeLossFromContinuingOperations`	$-1.50M	USD	Annual
Other items	`OtherAdjustmentsForCashAndNoncashItemsIncludedInIncomeLossFromContinuingOperations`	$-99.20M	USD	Annual
Other items	`OtherAdjustmentsForCashAndNoncashItemsIncludedInIncomeLossFromContinuingOperations`	$-17.80M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$77.80M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$-5.90M	USD	Annual
Accounts and notes receivable	`IncreaseDecreaseInAccountsAndNotesReceivable`	$213.50M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-109.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$186.90M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-3.90M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$-29.70M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$-55.30M	USD	Annual
Other current and noncurrent assets	`IncreaseDecreaseInOtherOperatingAssets`	$245.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$75.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$99.60M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$93.20M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$123.30M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$-127.00M	USD	Annual
Other current and noncurrent liabilities	`IncreaseDecreaseInOtherOperatingLiabilities`	$156.20M	USD	Annual
Net cash (used in) provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.52B	USD	Annual
Net cash (used in) provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$997.30M	USD	Annual
Net cash (used in) provided by continuing operating activities	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$1.77B	USD	Annual
Net cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$395.80M	USD	Annual
Net cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-331.20M	USD	Annual
Net cash (used in) provided by discontinued operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$410.50M	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.44B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.41B	USD	Annual
Net cash provided by (used in) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$1.92B	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$205.40M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$146.20M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$284.70M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$182.80M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$83.40M	USD	Annual
Acquisition of businesses, net of cash acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$285.70M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.70M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.20M	USD	Annual
Proceeds from sale of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$100.00K	USD	Annual
Cash Divested from Deconsolidation	`CashDivestedFromDeconsolidation`	$10.80M	USD	Annual
Cash Divested from Deconsolidation	`CashDivestedFromDeconsolidation`	-	USD	Annual
Cash Divested from Deconsolidation	`CashDivestedFromDeconsolidation`	-	USD	Annual
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-1.20M	USD	Annual
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.80M	USD	Annual
Payments for (Proceeds from) Other Investing Activities	`PaymentsForProceedsFromOtherInvestingActivities`	$1.20M	USD	Annual
Net cash (used in) provided by continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-338.50M	USD	Annual
Net cash (used in) provided by continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-561.90M	USD	Annual
Net cash (used in) provided by continuing investing activities	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-281.80M	USD	Annual
Net cash (used in) provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-1.50B	USD	Annual
Net cash (used in) provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-37.70M	USD	Annual
Net cash (used in) provided by discontinued investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-67.50M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-629.40M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-376.20M	USD	Annual
Net cash provided by (used in) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-1.78B	USD	Annual
Other short-term borrowings (net)	`ProceedsFromRepaymentsOfShortTermDebt`	$-6.40M	USD	Annual
Other short-term borrowings (net)	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	Annual
Other short-term borrowings (net)	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.50B	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.15B	USD	Annual
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$7.50M	USD	Annual
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$307.50M	USD	Annual
Payments of long-term debt	`RepaymentsOfLongTermDebt`	$1.12B	USD	Annual
Net proceeds (repayments) in debt	`ProceedsFromRepaymentsOfDebt`	$-307.50M	USD	Annual
Net proceeds (repayments) in debt	`ProceedsFromRepaymentsOfDebt`	$17.60M	USD	Annual
Net proceeds (repayments) in debt	`ProceedsFromRepaymentsOfDebt`	$1.49B	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$12.00M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$13.10M	USD	Annual
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$3.60M	USD	Annual
Dividends paid to ordinary shareholders	`PaymentsOfDividendsCommonStock`	$507.30M	USD	Annual
Dividends paid to ordinary shareholders	`PaymentsOfDividendsCommonStock`	$510.10M	USD	Annual
Dividends paid to ordinary shareholders	`PaymentsOfDividendsCommonStock`	$479.50M	USD	Annual
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$18.30M	USD	Annual
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$41.40M	USD	Annual
Dividends paid to noncontrolling interests	`PaymentsOfDividendsMinorityInterest`	$15.80M	USD	Annual
Proceeds shares issued under incentive plans	`ProceedsFromStockOptionsExercised`	$64.50M	USD	Annual
Proceeds shares issued under incentive plans	`ProceedsFromStockOptionsExercised`	$72.50M	USD	Annual
Proceeds shares issued under incentive plans	`ProceedsFromStockOptionsExercised`	$43.10M	USD	Annual
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$750.10M	USD	Annual
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$900.20M	USD	Annual
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$250.00M	USD	Annual
Receipt of a special cash payment	`Receiptofaspecialcashpayment`	-	USD	Annual
Receipt of a special cash payment	`Receiptofaspecialcashpayment`	$1.90B	USD	Annual
Receipt of a special cash payment	`Receiptofaspecialcashpayment`	-	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.80M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$-3.50M	USD	Annual
Other, net	`ProceedsFromPaymentsForOtherFinancingActivities`	$6.50M	USD	Annual
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$272.00M	USD	Annual
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.38B	USD	Annual
Net cash (used in) provided by continuing financing activities	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$884.30M	USD	Annual
Cash Provided by (Used in) Financing Activities, Discontinued Operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Cash Provided by (Used in) Financing Activities, Discontinued Operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-1.50M	USD	Annual
Cash Provided by (Used in) Financing Activities, Discontinued Operations	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-2.90M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$884.30M	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.38B	USD	Annual
Net Cash Provided by (Used in) Financing Activities	`NetCashProvidedByUsedInFinancingActivities`	$270.50M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-45.60M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$68.20M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-9.80M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$400.20M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-646.00M	USD	Annual
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$2.01B	USD	Annual
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.52B	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$878.40M	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents - beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.52B	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$878.40M	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$3.29B	USD	Point-in-time
Cash and cash equivalents - end of period	`CashAndCashEquivalentsAtCarryingValue`	$1.28B	USD	Point-in-time
Interest, net of amounts capitalized	`InterestPaidNet`	$243.50M	USD	Annual
Interest, net of amounts capitalized	`InterestPaidNet`	$220.90M	USD	Annual
Interest, net of amounts capitalized	`InterestPaidNet`	$200.60M	USD	Annual
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$375.40M	USD	Annual
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$151.60M	USD	Annual
Income taxes, net of refunds	`IncomeTaxesPaidNet`	$425.30M	USD	Annual

Stockholders Equity 41 line items

Line Item	Tag	Value	Unit	Period
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$2.12	USD	Annual
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$2.12	USD	Annual
Common Stock, Dividends, Per Share, Declared	`CommonStockDividendsPerShareDeclared`	$1.96	USD	Annual
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.21B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.06B	USD	Point-in-time
Beginning balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.31B	USD	Point-in-time
Net earnings	`ProfitLoss`	$1.43B	USD	Annual
Net earnings	`ProfitLoss`	$1.36B	USD	Annual
Net earnings	`ProfitLoss`	$870.00M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-41.60M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$242.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-188.30M	USD	Annual
Shares issued under incentive stock plans, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$64.50M	USD	Annual
Shares issued under incentive stock plans, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$72.50M	USD	Annual
Shares issued under incentive stock plans, value	`StockIssuedDuringPeriodValueStockOptionsExercised`	$43.10M	USD	Annual
Repurchase of ordinary shares	`TreasuryStockValueAcquiredCostMethod`	$250.00M	USD	Annual
Repurchase of ordinary shares	`TreasuryStockValueAcquiredCostMethod`	$900.20M	USD	Annual
Repurchase of ordinary shares	`TreasuryStockValueAcquiredCostMethod`	$750.10M	USD	Annual
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$750.10M	USD	Annual
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$900.20M	USD	Annual
Repurchase of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$250.00M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$63.50M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$66.30M	USD	Annual
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$74.70M	USD	Annual
Treasury Stock, Value	`TreasuryStockValue`	$1.72B	USD	Point-in-time
Treasury Stock, Value	`TreasuryStockValue`	$1.72B	USD	Point-in-time
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$18.30M	USD	Annual
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$15.80M	USD	Annual
Dividends to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$41.40M	USD	Annual
Investment in JV Partner	`InvestmentinJVPartner`	$7.00M	USD	Annual
Cash dividends, declared	`DividendsCash`	$507.70M	USD	Annual
Cash dividends, declared	`DividendsCash`	$480.80M	USD	Annual
Cash dividends, declared	`DividendsCash`	$509.50M	USD	Annual
Stockholders' Equity Note, Spinoff Transaction	`StockholdersEquityNoteSpinoffTransaction`	$-1.36B	USD	Annual
Other	`StockholdersEquityOther`	-	USD	Annual
Other	`StockholdersEquityOther`	$-100.00K	USD	Annual
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.21B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.43B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.06B	USD	Point-in-time
Ending balance, value	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$7.31B	USD	Point-in-time

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