10-K Filing

INGERSOLL RAND INC. CIK: 1699150 FY 2020

Filing Information

Form Type	10-K
Accession Number	`0001628280-21-003454`
Period End Date	20201231
Filing Date	20210226
Fiscal Year	2020
Fiscal Period	FY
XBRL Instance	gdi-20201231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 77 Income Statement 54 Cash Flow Statement 122 Stockholders Equity 31 Comprehensive Income 33

Balance Sheet 77 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$18.40M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$67.60M	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`	$373.30M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$505.50M	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.75B	USD	Point-in-time
Common stock, par value (USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $67.6 and $18.4, respectively	`AccountsReceivableNetCurrent`	$966.60M	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $67.6 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
Common stock issued (shares)	`CommonStockSharesIssued`	206.77M	shares	Point-in-time
Inventories	`InventoryNet`	$943.60M	USD	Point-in-time
Inventories	`InventoryNet`	$502.50M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	420.12M	shares	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	1.50M	shares	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	1.70M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$76.80M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$201.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$1.54B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $373.3 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$326.60M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $373.3 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$797.30M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $373.3 and $298.4, respectively	`PropertyPlantAndEquipmentNet`	$356.60M	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Goodwill	`Goodwill`	$6.30B	USD	Point-in-time
Goodwill	`Goodwill`	$1.29B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$1.25B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$4.73B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$16.10M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$3.00M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$346.90M	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`	$16.06B	USD	Point-in-time
Total assets	`Assets`	$4.49B	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`	$40.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$322.90M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$671.10M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$787.10M	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`	$1.50B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$1.60B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$3.86B	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$99.70M	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$275.00M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$875.70M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$251.00M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$360.70M	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`	$6.87B	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 420,123,978 and 206,767,529 shares issued as of December 31, 2020 and 2019, respectively	`CommonStockValue`	$2.10M	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 420,123,978 and 206,767,529 shares issued as of December 31, 2020 and 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`	$9.31B	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-175.70M	USD	Point-in-time
Accumulated deficit	`RetainedEarningsAccumulatedDeficit`	$-141.40M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-256.00M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.20M	USD	Point-in-time
Treasury stock at cost; 1,496,169 and 1,701,785 shares as of December 31, 2020 and 2019, respectively	`TreasuryStockValue`	$36.80M	USD	Point-in-time
Treasury stock at cost; 1,496,169 and 1,701,785 shares as of December 31, 2020 and 2019, respectively	`TreasuryStockValue`	$33.30M	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders' equity	`StockholdersEquity`	$9.12B	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders' equity	`StockholdersEquity`	$1.87B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	-	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$69.80M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.06B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$4.63B	USD	Point-in-time

Income Statement 54 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$4.91B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.69B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.45B	USD	Annual
Cost of sales	`CostOfRevenue`	$1.54B	USD	Annual
Cost of sales	`CostOfRevenue`	$3.30B	USD	Annual
Cost of sales	`CostOfRevenue`	$1.68B	USD	Annual
Gross Profit	`GrossProfit`	$911.70M	USD	Annual
Gross Profit	`GrossProfit`	$1.01B	USD	Annual
Gross Profit	`GrossProfit`	$1.61B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$894.80M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$436.40M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$434.60M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$125.80M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$395.80M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$124.30M	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Other operating expense, net	`OtherCostAndExpenseOperating`	$9.10M	USD	Annual
Other operating expense, net	`OtherCostAndExpenseOperating`	$75.70M	USD	Annual
Other operating expense, net	`OtherCostAndExpenseOperating`	$217.20M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$443.00M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$85.70M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$275.30M	USD	Annual
Interest expense	`InterestExpense`	$88.90M	USD	Annual
Interest expense	`InterestExpense`	$111.10M	USD	Annual
Interest expense	`InterestExpense`	$99.60M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.10M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$7.20M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$4.70M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$8.00M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-19.40M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$349.50M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$190.90M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$13.00M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$80.10M	USD	Annual
Provision for income taxes	`IncomeTaxExpenseBenefit`	$31.80M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-32.40M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$159.10M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$269.40M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$269.40M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-33.30M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$159.10M	USD	Annual
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$0.78	USD	Annual
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$1.34	USD	Annual
Basic income (loss) per share (USD per share)	`EarningsPerShareBasic`	$-0.09	USD	Annual
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$-0.09	USD	Annual
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$1.29	USD	Annual
Diluted income (loss) per share (USD per share)	`EarningsPerShareDiluted`	$0.76	USD	Annual

Cash Flow Statement 122 line items

Line Item	Tag	Value	Unit	Period
Net Income (Loss)	`ProfitLoss`	$-32.40M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$159.10M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$269.40M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$125.80M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$395.80M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$124.30M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$105.10M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$53.80M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$54.60M	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$9.20M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	-	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$3.30M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$19.20M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$51.30M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$2.80M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-8.10M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$1.90M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-20.90M	USD	Annual
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$200.00K	USD	Annual
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$200.00K	USD	Annual
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$50.10M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-21.30M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$4.00M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-104.40M	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	-	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-14.70M	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-1.00M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$-13.20M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$-100.30M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$-54.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-18.70M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$13.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-170.80M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$69.60M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-9.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-13.30M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-26.10M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$137.20M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-38.90M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$10.90M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$41.30M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$42.50M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$444.50M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$343.30M	USD	Annual
Net cash provided by operating activities	`NetCashProvidedByUsedInOperatingActivities`	$914.30M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$43.20M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$48.70M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$52.20M	USD	Annual
Net cash acquired (paid) in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$186.30M	USD	Annual
Net cash acquired (paid) in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.00M	USD	Annual
Net cash acquired (paid) in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$-9.00M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.80M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.50M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$900.00K	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-37.90M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-54.30M	USD	Annual
Net cash used in investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-235.00M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.62B	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$337.60M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$32.80M	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.98B	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$2.10M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$40.70M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$18.60M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$6.80M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$42.70M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$22.70M	USD	Annual
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$2.30M	USD	Annual
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.40M	USD	Annual
Payments of contingent consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$1.10M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$500.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$47.80M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	-	USD	Annual
Payments of costs incurred to issue shares for Ingersoll Rand Industrial acquisition	`PaymentsOfStockIssuanceCosts`	$1.00M	USD	Annual
Purchase of shares from noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of shares from noncontrolling interests	`PaymentsToMinorityShareholders`	$14.90M	USD	Annual
Purchase of shares from noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	Annual
Proceeds from sale of noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	Annual
Proceeds from sale of noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	Annual
Proceeds from sale of noncontrolling interests	`ProceedsFromMinorityShareholders`	$11.90M	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-100.00K	USD	Annual
Net cash from (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-373.00M	USD	Annual
Net cash from (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-11.50M	USD	Annual
Net cash from (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$328.70M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$6.80M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$40.30M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-8.60M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.25B	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-172.10M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$284.30M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.30M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.20M	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.50M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$393.30M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$221.20M	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.50M	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$103.10M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$106.30M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$61.60M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$98.70M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$85.60M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$98.50M	USD	Annual
Debt issuance costs in accounts payable	`DebtIssuanceCostsInAccountsPayable`	$300.00K	USD	Annual
Debt issuance costs in accounts payable	`DebtIssuanceCostsInAccountsPayable`	-	USD	Annual
Debt issuance costs in accounts payable	`DebtIssuanceCostsInAccountsPayable`	-	USD	Annual
Debt issuance costs in accrued liabilities	`DebtIssuanceCostsInAccruedLiabilities`	-	USD	Annual
Debt issuance costs in accrued liabilities	`DebtIssuanceCostsInAccruedLiabilities`	$5.60M	USD	Annual
Debt issuance costs in accrued liabilities	`DebtIssuanceCostsInAccruedLiabilities`	-	USD	Annual
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.80M	USD	Annual
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.00M	USD	Annual
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$10.00M	USD	Annual

Stockholders Equity 31 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-32.40M	USD	Annual
Net income (loss)	`ProfitLoss`	$159.10M	USD	Annual
Net income (loss)	`ProfitLoss`	$269.40M	USD	Annual
Acquisition of Ingersoll Rand Industrial (Note 3)	`StockIssuedDuringPeriodValueAcquisitions`	$7.01B	USD	Annual
Costs of issuing equity securities (Note 3)	`CostIncurredToIssueSharesForAcquisition`	$1.00M	USD	Annual
Issuance of common stock for stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$34.60M	USD	Annual
Issuance of common stock for stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$6.80M	USD	Annual
Issuance of common stock for stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.10M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$18.60M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$2.10M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$11.50M	USD	Annual
Share repurchase program	`TreasuryStockValueAcquiredStockRepurchaseProgram`	$29.20M	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$8.40M	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$300.00K	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$2.40M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.20M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$57.50M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$10.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-800.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$268.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-47.50M	USD	Annual
Adjustments for shares tendered in open offer (Note 12)	`MinorityInterestDecreaseFromRedemptions`	$14.90M	USD	Annual
Adjustments for shares sold in offer for sale (Note 12)	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$11.90M	USD	Annual
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.48B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$269.40M	USD	Annual
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-33.30M	USD	Annual
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$159.10M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-1.50M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-61.00M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.20M	USD	Annual
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$18.10M	USD	Annual
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$10.90M	USD	Annual
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$7.20M	USD	Annual
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$6.50M	USD	Annual
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$4.60M	USD	Annual
Pension and other postretirement prior service cost and gain or loss, net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$8.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-800.00K	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$270.20M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-47.50M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$236.90M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$158.30M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$221.90M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.40M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.40M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive loss attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-500.00K	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$221.90M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$158.30M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$236.40M	USD	Annual

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