10-Q Filing

INGERSOLL RAND INC. CIK: 1699150 Q3 2020

Filing Information

Form Type	10-Q
Accession Number	`0001628280-20-015382`
Period End Date	20200930
Filing Date	20201103
Fiscal Year	2020
Fiscal Period	Q3
XBRL Instance	iri-20200930_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 73 Income Statement 72 Cash Flow Statement 86 Stockholders Equity 18 Comprehensive Income 44

Balance Sheet 73 line items

Line Item	Tag	Value	Unit	Period
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.40M	USD	Point-in-time
Allowance for doubtful accounts	`AllowanceForDoubtfulAccountsReceivableCurrent`	$66.50M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$298.40M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment`	$361.90M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.31B	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$505.50M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $66.5 and $18.4, respectively	`AccountsReceivableNetCurrent`	$934.60M	USD	Point-in-time
Accounts receivable, net of allowance for doubtful accounts of $66.5 and $18.4, respectively	`AccountsReceivableNetCurrent`	$459.10M	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Inventories	`InventoryNet`	$1.01B	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	206.77M	shares	Point-in-time
Inventories	`InventoryNet`	$502.50M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	419.17M	shares	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	1.59M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$204.50M	USD	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	1.70M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$76.80M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.54B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.46B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $361.9 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$807.90M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $361.9 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$326.60M	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill	`Goodwill`	$6.21B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.78B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.25B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$3.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$9.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$343.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$212.20M	USD	Point-in-time
Total assets	`Assets`	$4.63B	USD	Point-in-time
Total assets	`Assets`	$15.61B	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$40.10M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$7.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$322.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$624.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$761.00M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$244.10M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$574.60M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.43B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$3.84B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$1.60B	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$275.40M	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`	$905.20M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$229.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$337.00M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.78B	USD	Point-in-time
Total liabilities	`Liabilities`	$2.76B	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; 419,174,020 and 206,767,529 shares issued as of September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$4.20M	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 419,174,020 and 206,767,529 shares issued as of September 30, 2020 and December 31, 2019, respectively	`CommonStockValue`	$2.10M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$9.28B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$2.30B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-141.40M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-327.30M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-147.40M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-256.00M	USD	Point-in-time
Treasury stock at cost; 1,590,299 and 1,701,785 shares as of September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$36.80M	USD	Point-in-time
Treasury stock at cost; 1,590,299 and 1,701,785 shares as of September 30, 2020 and December 31, 2019, respectively	`TreasuryStockValue`	$34.80M	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders equity	`StockholdersEquity`	$1.87B	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders equity	`StockholdersEquity`	$8.77B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$58.20M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Total stockholders equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.83B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$4.63B	USD	Point-in-time
Total liabilities and stockholders equity	`LiabilitiesAndStockholdersEquity`	$15.61B	USD	Point-in-time

Income Statement 72 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.85B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$596.70M	USD	1 Quarter
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.40B	USD	3 Qtrs
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$1.34B	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$1.16B	USD	3 Qtrs
Cost of sales	`CostOfRevenue`	$375.20M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$853.20M	USD	1 Quarter
Cost of sales	`CostOfRevenue`	$2.31B	USD	3 Qtrs
Gross Profit	`GrossProfit`	$1.09B	USD	3 Qtrs
Gross Profit	`GrossProfit`	$221.50M	USD	1 Quarter
Gross Profit	`GrossProfit`	$482.00M	USD	1 Quarter
Gross Profit	`GrossProfit`	$686.40M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$245.60M	USD	1 Quarter
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$323.00M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$648.70M	USD	3 Qtrs
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$95.30M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$284.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$92.60M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$114.20M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$30.40M	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	1 Quarter
Other operating expense, net	`OtherCostAndExpenseOperating`	$22.90M	USD	1 Quarter
Other operating expense, net	`OtherCostAndExpenseOperating`	$178.60M	USD	3 Qtrs
Other operating expense, net	`OtherCostAndExpenseOperating`	$28.00M	USD	1 Quarter
Other operating expense, net	`OtherCostAndExpenseOperating`	$43.10M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$74.30M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$227.70M	USD	3 Qtrs
Operating Income (Loss)	`OperatingIncomeLoss`	$72.90M	USD	1 Quarter
Operating Income (Loss)	`OperatingIncomeLoss`	$-44.70M	USD	3 Qtrs
Interest expense	`InterestExpense`	$28.80M	USD	1 Quarter
Interest expense	`InterestExpense`	$23.20M	USD	1 Quarter
Interest expense	`InterestExpense`	$68.00M	USD	3 Qtrs
Interest expense	`InterestExpense`	$86.70M	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	-	USD	1 Quarter
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	3 Qtrs
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$3.10M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$600.00K	USD	1 Quarter
Other income, net	`OtherNonoperatingIncomeExpense`	$5.10M	USD	3 Qtrs
Other income, net	`OtherNonoperatingIncomeExpense`	$2.60M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$162.60M	USD	3 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-128.30M	USD	3 Qtrs
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$50.30M	USD	1 Quarter
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$48.10M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$18.20M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$29.20M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$55.20M	USD	3 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$9.00M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$133.40M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$41.30M	USD	1 Quarter
Net Income (Loss)	`ProfitLoss`	$-183.50M	USD	3 Qtrs
Net Income (Loss)	`ProfitLoss`	$29.90M	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	3 Qtrs
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$29.50M	USD	1 Quarter
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-184.90M	USD	3 Qtrs
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$133.40M	USD	3 Qtrs
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$41.30M	USD	1 Quarter
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$-0.50	USD	3 Qtrs
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$0.20	USD	1 Quarter
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$0.07	USD	1 Quarter
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$0.66	USD	3 Qtrs
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$0.64	USD	3 Qtrs
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$-0.50	USD	3 Qtrs
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$0.20	USD	1 Quarter
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$0.07	USD	1 Quarter

Cash Flow Statement 86 line items

Line Item	Tag	Value	Unit	Period
Net income (loss)	`ProfitLoss`	$133.40M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$41.30M	USD	1 Quarter
Net income (loss)	`ProfitLoss`	$-183.50M	USD	3 Qtrs
Net income (loss)	`ProfitLoss`	$29.90M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$284.00M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$92.60M	USD	3 Qtrs
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$114.20M	USD	1 Quarter
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$30.40M	USD	1 Quarter
Depreciation in cost of sales	`CostOfGoodsAndServicesSoldDepreciation`	$33.30M	USD	3 Qtrs
Depreciation in cost of sales	`CostOfGoodsAndServicesSoldDepreciation`	$64.90M	USD	3 Qtrs
Depreciation in selling and administrative expenses	`DepreciationNonproduction`	$10.70M	USD	3 Qtrs
Depreciation in selling and administrative expenses	`DepreciationNonproduction`	$7.00M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	1 Quarter
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	3 Qtrs
Impairment of intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	1 Quarter
Stock-based compensation expense	`ShareBasedCompensation`	$13.40M	USD	3 Qtrs
Stock-based compensation expense	`ShareBasedCompensation`	$29.00M	USD	3 Qtrs
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-6.20M	USD	1 Quarter
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-3.10M	USD	3 Qtrs
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-14.00M	USD	3 Qtrs
Foreign currency transaction losses, net	`ForeignCurrencyTransactionGainLossBeforeTax`	$600.00K	USD	1 Quarter
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$45.90M	USD	3 Qtrs
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	-	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-100.00K	USD	3 Qtrs
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-14.50M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-108.50M	USD	3 Qtrs
Receivables	`IncreaseDecreaseInReceivables`	$-47.70M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-94.80M	USD	3 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$26.20M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-46.70M	USD	3 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$9.70M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-10.90M	USD	3 Qtrs
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$59.80M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$58.90M	USD	3 Qtrs
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$13.30M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$502.50M	USD	3 Qtrs
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$244.30M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$33.50M	USD	3 Qtrs
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$33.80M	USD	3 Qtrs
Net cash acquired (paid) in business combinations	`CashAcquiredInExcessOfPaymentsToAcquireBusiness`	$9.40M	USD	3 Qtrs
Net cash acquired (paid) in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.00M	USD	3 Qtrs
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$700.00K	USD	3 Qtrs
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.60M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-22.50M	USD	3 Qtrs
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-45.10M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$30.80M	USD	3 Qtrs
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.61B	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.98B	USD	3 Qtrs
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$17.30M	USD	3 Qtrs
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$1.40M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$37.30M	USD	3 Qtrs
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$12.70M	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.00M	USD	3 Qtrs
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$700.00K	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$300.00K	USD	3 Qtrs
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$47.40M	USD	3 Qtrs
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	-	USD	3 Qtrs
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	$1.00M	USD	3 Qtrs
Acquisition of noncontrolling interests	`PaymentsForAdditionalNoncontrollingInterests`	$14.90M	USD	3 Qtrs
Acquisition of noncontrolling interests	`PaymentsForAdditionalNoncontrollingInterests`	-	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	3 Qtrs
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-300.00K	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$317.90M	USD	3 Qtrs
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-13.10M	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-900.00K	USD	3 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$9.90M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$185.20M	USD	3 Qtrs
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$807.80M	USD	3 Qtrs
Cash and cash equivalents, beginning of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	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`	$406.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.31B	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`	$406.40M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$53.80M	USD	3 Qtrs
Cash paid for income taxes	`IncomeTaxesPaidNet`	$73.90M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$64.00M	USD	3 Qtrs
Cash paid for interest	`InterestPaidNet`	$79.90M	USD	3 Qtrs
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$21.00M	USD	3 Qtrs
Leased assets obtained in exchange for new operating lease liabilities	`RightOfUseAssetObtainedInExchangeForOperatingLeaseLiability`	$6.30M	USD	3 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.10M	USD	3 Qtrs
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.50M	USD	3 Qtrs

Stockholders Equity 18 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.83B	USD	Point-in-time
Net income	`NetIncomeLoss`	$29.50M	USD	1 Quarter
Net income	`NetIncomeLoss`	$-184.90M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$133.40M	USD	3 Qtrs
Net income	`NetIncomeLoss`	$41.30M	USD	1 Quarter
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.30M	USD	1 Quarter
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.20M	USD	1 Quarter
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.70M	USD	3 Qtrs
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.90M	USD	3 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-2.40M	USD	3 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.30M	USD	3 Qtrs
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.90M	USD	1 Quarter
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.79B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$8.83B	USD	Point-in-time

Comprehensive Income 44 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$29.50M	USD	1 Quarter
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-184.90M	USD	3 Qtrs
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$133.40M	USD	3 Qtrs
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$41.30M	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-48.80M	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$95.30M	USD	3 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-55.30M	USD	3 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$142.60M	USD	1 Quarter
Unrecognized gain on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$3.30M	USD	1 Quarter
Unrecognized gain on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.20M	USD	1 Quarter
Unrecognized gain on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$4.70M	USD	3 Qtrs
Unrecognized gain on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.90M	USD	3 Qtrs
Pension and other postretirement prior service cost and gain or (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$1.00M	USD	1 Quarter
Pension and other postretirement prior service cost and gain or (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-2.40M	USD	3 Qtrs
Pension and other postretirement prior service cost and gain or (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-3.30M	USD	3 Qtrs
Pension and other postretirement prior service cost and gain or (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-1.90M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-43.60M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$145.80M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.30M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$108.60M	USD	3 Qtrs
Comprehensive income (loss) Attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$175.30M	USD	1 Quarter
Comprehensive income (loss) Attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$-76.30M	USD	3 Qtrs
Comprehensive income (loss) Attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$86.10M	USD	3 Qtrs
Comprehensive income (loss) Attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$-2.30M	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$400.00K	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.40M	USD	3 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.60M	USD	3 Qtrs
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$3.80M	USD	1 Quarter
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$3.80M	USD	1 Quarter
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.60M	USD	3 Qtrs
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-200.00K	USD	3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	3 Qtrs
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$4.20M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-76.50M	USD	3 Qtrs
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$-2.30M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$179.50M	USD	1 Quarter
Total Comprehensive Income (Loss)	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$86.10M	USD	3 Qtrs

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