10-K Filing

INGERSOLL RAND INC. CIK: 1699150 FY 2021

Filing Information

Form Type	10-K
Accession Number	`0001628280-22-003991`
Period End Date	20211231
Filing Date	20220225
Fiscal Year	2021
Fiscal Period	FY
XBRL Instance	gdi-20211231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 83 Income Statement 86 Cash Flow Statement 139 Stockholders Equity 33 Comprehensive Income 33

Balance Sheet 83 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$42.30M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$50.90M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$357.70M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$291.10M	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
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$2.11B	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 $42.3 and $50.9, respectively	`AccountsReceivableNetCurrent`	$948.60M	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $42.3 and $50.9, respectively	`AccountsReceivableNetCurrent`	$861.80M	USD	Point-in-time
Common stock authorized (shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	423.79M	shares	Point-in-time
Inventories	`InventoryNet`	$716.70M	USD	Point-in-time
Common stock issued (shares)	`CommonStockSharesIssued`	420.12M	shares	Point-in-time
Inventories	`InventoryNet`	$854.20M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$195.30M	USD	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	16.00M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$186.90M	USD	Point-in-time
Treasury stock (shares)	`TreasuryStockShares`	1.50M	shares	Point-in-time
Assets of discontinued operations - current	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$15.60M	USD	Point-in-time
Assets of discontinued operations - current	`AssetsOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$337.40M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.86B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.11B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $357.7 and $291.1, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$648.60M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $357.7 and $291.1, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$609.00M	USD	Point-in-time
Goodwill	`Goodwill`	$1.09B	USD	Point-in-time
Goodwill	`Goodwill`	$5.98B	USD	Point-in-time
Goodwill	`Goodwill`	$5.58B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.80B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.91B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$28.00M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$15.60M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$329.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$468.70M	USD	Point-in-time
Assets of discontinued operations - long-term	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	-	USD	Point-in-time
Assets of discontinued operations - long-term	`DisposalGroupIncludingDiscontinuedOperationAssetsNoncurrent`	$1.86B	USD	Point-in-time
Total assets	`Assets`	$16.06B	USD	Point-in-time
Total assets	`Assets`	$15.15B	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$38.80M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`LongTermDebtAndCapitalLeaseObligationsCurrent`	$40.40M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$670.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$536.40M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$708.90M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$741.30M	USD	Point-in-time
Liabilities of discontinued operations - current	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$17.10M	USD	Point-in-time
Liabilities of discontinued operations - current	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationCurrent`	$212.90M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.50B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.47B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$3.86B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$3.40B	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$195.10M	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$272.50M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$708.60M	USD	Point-in-time
Deferred income taxes	`DeferredIncomeTaxLiabilitiesNet`	$702.40M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$310.10M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$343.70M	USD	Point-in-time
Liabilities of discontinued operations - long-term	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	-	USD	Point-in-time
Liabilities of discontinued operations - long-term	`LiabilitiesOfDisposalGroupIncludingDiscontinuedOperationNoncurrent`	$192.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$6.87B	USD	Point-in-time
Total liabilities	`Liabilities`	$6.08B	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; 423,785,571 and 420,123,978 shares issued as of December 31, 2021 and 2020, respectively	`CommonStockValue`	$4.20M	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 423,785,571 and 420,123,978 shares issued as of December 31, 2021 and 2020, respectively	`CommonStockValue`	$4.30M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$9.31B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$9.41B	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$378.60M	USD	Point-in-time
Retained earnings (accumulated deficit)	`RetainedEarningsAccumulatedDeficit`	$-175.70M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-41.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$14.20M	USD	Point-in-time
Treasury stock at cost; 16,000,364 and 1,496,169 shares as of December 31, 2021 and 2020, respectively	`TreasuryStockValue`	$33.30M	USD	Point-in-time
Treasury stock at cost; 16,000,364 and 1,496,169 shares as of December 31, 2021 and 2020, respectively	`TreasuryStockValue`	$748.40M	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders equity	`StockholdersEquity`	$9.00B	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders equity	`StockholdersEquity`	$9.12B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$69.80M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$69.70M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.07B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.15B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$16.06B	USD	Point-in-time

Income Statement 86 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.15B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$2.02B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$3.97B	USD	Annual
Cost of sales	`CostOfRevenue`	$3.16B	USD	Annual
Cost of sales	`CostOfRevenue`	$1.24B	USD	Annual
Cost of sales	`CostOfRevenue`	$2.57B	USD	Annual
Gross Profit	`GrossProfit`	$1.99B	USD	Annual
Gross Profit	`GrossProfit`	$1.40B	USD	Annual
Gross Profit	`GrossProfit`	$778.30M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$409.60M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$789.30M	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.03B	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$332.90M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$105.30M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$335.10M	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	1 Quarter
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	Annual
Other operating expense, net	`OtherCostAndExpenseOperating`	$201.00M	USD	Annual
Other operating expense, net	`OtherCostAndExpenseOperating`	$61.90M	USD	Annual
Other operating expense, net	`OtherCostAndExpenseOperating`	$69.30M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$194.10M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$59.60M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$565.70M	USD	Annual
Interest expense	`InterestExpense`	$87.70M	USD	Annual
Interest expense	`InterestExpense`	$88.40M	USD	Annual
Interest expense	`InterestExpense`	$111.10M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Point-in-time
Other income, net	`OtherNonoperatingIncomeExpense`	$8.10M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$4.70M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$44.00M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$-45.40M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$513.00M	USD	Annual
Income (Loss) Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$110.20M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-21.80M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$12.90M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$11.40M	USD	Annual
Loss on equity method investments	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loss on equity method investments	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loss on equity method investments	`IncomeLossFromEquityMethodInvestments`	$-11.40M	USD	Annual
Income (Loss) from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$97.30M	USD	Annual
Income (Loss) from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$523.40M	USD	Annual
Income (Loss) from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-56.80M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$24.40M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$41.60M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$61.80M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$-32.40M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$159.10M	USD	Annual
Net Income (Loss)	`ProfitLoss`	$565.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.50M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-33.30M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$562.50M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$159.10M	USD	Annual
Income (loss) from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$-57.70M	USD	Annual
Income (loss) from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$97.30M	USD	Annual
Income (loss) from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$520.90M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$41.60M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$24.40M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	$61.80M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-33.30M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$562.50M	USD	Annual
Net Income (Loss) Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$159.10M	USD	Annual
Earnings (loss) from continuing operations (USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$-0.15	USD	Annual
Earnings (loss) from continuing operations (USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.26	USD	Annual
Earnings (loss) from continuing operations (USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$0.48	USD	Annual
Earnings (loss) from discontinued operations (USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.06	USD	Annual
Earnings (loss) from discontinued operations (USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.10	USD	Annual
Earnings (loss) from discontinued operations (USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.30	USD	Annual
Net earnings (loss) (USD per share)	`EarningsPerShareBasic`	$0.78	USD	Annual
Net earnings (loss) (USD per share)	`EarningsPerShareBasic`	$1.36	USD	Annual
Net earnings (loss) (USD per share)	`EarningsPerShareBasic`	$-0.09	USD	Annual
Earnings (loss) from continuing operations (USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$-0.15	USD	Annual
Earnings (loss) from continuing operations (USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.24	USD	Annual
Earnings (loss) from continuing operations (USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$0.47	USD	Annual
Earnings (loss) from discontinued operations (USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.06	USD	Annual
Earnings (loss) from discontinued operations (USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.10	USD	Annual
Earnings (loss) from discontinued operations (USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.30	USD	Annual
Net earnings (loss) (USD per share)	`EarningsPerShareDiluted`	$1.34	USD	Annual
Net earnings (loss) (USD per share)	`EarningsPerShareDiluted`	$0.76	USD	Annual
Net earnings (loss) (USD per share)	`EarningsPerShareDiluted`	$-0.09	USD	Annual

Cash Flow Statement 139 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`	$565.00M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$24.40M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$41.60M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$61.80M	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$97.30M	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$523.40M	USD	Annual
Income (loss) from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$-56.80M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$332.90M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$105.30M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$335.10M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$77.40M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$41.20M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$89.20M	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	1 Quarter
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	-	USD	Annual
Impairment of other intangible assets	`ImpairmentOfIntangibleAssetsExcludingGoodwill`	$19.90M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$1.10M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$6.20M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$400.00K	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$87.20M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$47.50M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$18.70M	USD	Annual
Loss on equity method investments	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loss on equity method investments	`IncomeLossFromEquityMethodInvestments`	-	USD	Annual
Loss on equity method investments	`IncomeLossFromEquityMethodInvestments`	$-11.40M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$12.00M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-7.30M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-18.60M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-2.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-200.00K	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Point-in-time
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$39.80M	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`	$33.20M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-21.30M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-103.60M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-83.10M	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	-	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$200.00K	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-800.00K	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$62.50M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$14.50M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$-52.40M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-159.00M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$134.40M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-27.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-43.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$118.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$44.20M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-25.00M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-220.00M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$115.70M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$45.10M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$58.70M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$36.80M	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$653.50M	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$627.80M	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$223.50M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$37.90M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$64.10M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$42.00M	USD	Annual
Net cash (paid) acquired in business combinations	`CashAcquiredInExcessOfPaymentsToAcquireBusiness`	$9.00M	USD	Annual
Net cash (paid) acquired in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$12.00M	USD	Annual
Net cash (paid) acquired in business combinations	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$974.80M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$400.00K	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$1.70M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.50M	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-49.50M	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.03B	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-31.30M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.62B	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$435.70M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$32.60M	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
Cash dividends on common stock	`PaymentsOfDividendsCommonStock`	$8.20M	USD	Annual
Cash dividends on common stock	`PaymentsOfDividendsCommonStock`	-	USD	Annual
Cash dividends on common stock	`PaymentsOfDividendsCommonStock`	-	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$18.60M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$736.80M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$2.10M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$23.70M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$22.70M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$42.70M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$500.00K	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$47.80M	USD	Annual
Purchase of shares from noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of shares from noncontrolling interests	`PaymentsToMinorityShareholders`	-	USD	Annual
Purchase of shares from noncontrolling interests	`PaymentsToMinorityShareholders`	$14.90M	USD	Annual
Proceeds from sale of noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	Annual
Proceeds from sale of noncontrolling interests	`ProceedsFromMinorityShareholders`	$11.90M	USD	Annual
Proceeds from sale of noncontrolling interests	`ProceedsFromMinorityShareholders`	-	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-2.10M	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-1.30M	USD	Annual
Net cash (used in) provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$328.70M	USD	Annual
Net cash (used in) provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-1.16B	USD	Annual
Net cash (used in) provided by financing activities from continuing operations	`NetCashProvidedByUsedInFinancingActivitiesContinuingOperations`	$-10.30M	USD	Annual
Net cash provided by (used in) operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-12.30M	USD	Annual
Net cash provided by (used in) operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$260.80M	USD	Annual
Net cash provided by (used in) operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$119.80M	USD	Annual
Net cash provided by (used in) investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-4.80M	USD	Annual
Net cash provided by (used in) investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$1.94B	USD	Annual
Net cash provided by (used in) investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$-6.60M	USD	Annual
Net cash used in financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in financing activities	`CashProvidedByUsedInFinancingActivitiesDiscontinuedOperations`	$-1.20M	USD	Annual
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$113.80M	USD	Annual
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$254.20M	USD	Annual
Net cash provided by discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$1.93B	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`	$6.80M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.10M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$358.70M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$284.30M	USD	Annual
Net increase in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$1.25B	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$505.50M	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`	$2.11B	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`	$505.50M	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`	$2.11B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$427.90M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$61.60M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$106.30M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$85.60M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$79.80M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$98.70M	USD	Annual
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.80M	USD	Annual
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$3.50M	USD	Annual
Capital expenditures in accounts payable	`CapitalExpendituresIncurredButNotYetPaid`	$4.00M	USD	Annual

Stockholders Equity 33 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.07B	USD	Point-in-time
Net income (loss)	`ProfitLoss`	$-32.40M	USD	Annual
Net income (loss)	`ProfitLoss`	$159.10M	USD	Annual
Net income (loss)	`ProfitLoss`	$565.00M	USD	Annual
Dividends declared	`DividendsCommonStock`	$8.20M	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`	$20.40M	USD	Annual
Issuance of common stock for stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$20.10M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$2.10M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$18.60M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$736.80M	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`	$1.80M	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$2.40M	USD	Annual
Acquisition of Ingersoll Rand Industrial (Note 4)	`StockIssuedDuringPeriodValueAcquisitions`	$7.01B	USD	Annual
Costs of issuing equity securities (Note 4)	`CostIncurredToIssueSharesForAcquisition`	$1.00M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$11.20M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$57.50M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$97.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$268.80M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-56.60M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-800.00K	USD	Annual
Adjustments for shares tendered in open offer (Note 13)	`MinorityInterestDecreaseFromRedemptions`	$14.90M	USD	Annual
Adjustments for shares sold in offer for sale (Note 13)	`NoncontrollingInterestIncreaseFromSubsidiaryEquityIssuance`	$11.90M	USD	Annual
Divestiture of foreign subsidiaries	`OtherComprehensiveIncomeLossDivestitureOfForeignSubsidiaries`	$1.50M	USD	Annual
Dividends attributable to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$300.00K	USD	Annual
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.87B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$1.68B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.07B	USD	Point-in-time

Comprehensive Income 33 line items

Line Item	Tag	Value	Unit	Period
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$-33.30M	USD	Annual
Net income (loss) attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$562.50M	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`	$-103.00M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$268.20M	USD	Annual
Unrecognized gains on cash flow hedges, net	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	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 (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$6.50M	USD	Annual
Pension and other postretirement prior service cost and gain (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$8.90M	USD	Annual
Pension and other postretirement prior service cost and gain (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-48.70M	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`	$-54.30M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$508.20M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$158.30M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$236.90M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.50M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$900.00K	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`	$-2.30M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	-	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-2.30M	USD	Annual
Total other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-1.40M	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-500.00K	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$200.00K	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$236.40M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$508.40M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$158.30M	USD	Annual

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