10-K Filing

INGERSOLL RAND INC. CIK: 1699150 FY 2023

Filing Information

Form Type	10-K
Accession Number	`0001628280-24-006642`
Period End Date	20231231
Filing Date	20240223
Fiscal Year	2023
Fiscal Period	FY
XBRL Instance	iri-20231231_htm.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 75 Income Statement 82 Cash Flow Statement 132 Stockholders Equity 37 Comprehensive Income 33

Balance Sheet 75 line items

Line Item	Tag	Value	Unit	Period
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$47.20M	USD	Point-in-time
Allowance for credit losses	`AllowanceForDoubtfulAccountsReceivableCurrent`	$53.80M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$500.80M	USD	Point-in-time
Accumulated depreciation on property, plant and equipment	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAccumulatedDepreciationAndAmortization`	$417.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.60B	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$1.61B	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock, par value (in USD per share)	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Common stock authorized (in shares)	`CommonStockSharesAuthorized`	1.00B	shares	Point-in-time
Accounts receivable, net of allowance for credit losses of $53.8 and $47.2, respectively	`AccountsReceivableNetCurrent`	$1.23B	USD	Point-in-time
Accounts receivable, net of allowance for credit losses of $53.8 and $47.2, respectively	`AccountsReceivableNetCurrent`	$1.12B	USD	Point-in-time
Inventories	`InventoryNet`	$1.00B	USD	Point-in-time
Inventories	`InventoryNet`	$1.03B	USD	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	428.59M	shares	Point-in-time
Common stock issued (in shares)	`CommonStockSharesIssued`	426.33M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	21.21M	shares	Point-in-time
Treasury stock (in shares)	`TreasuryStockCommonShares`	25.24M	shares	Point-in-time
Other current assets	`OtherAssetsCurrent`	$219.60M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$206.90M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.97B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$4.05B	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $500.8 and $417.4, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$624.40M	USD	Point-in-time
Property, plant and equipment, net of accumulated depreciation of $500.8 and $417.4, respectively	`PropertyPlantAndEquipmentAndFinanceLeaseRightOfUseAssetAfterAccumulatedDepreciationAndAmortization`	$711.40M	USD	Point-in-time
Goodwill	`Goodwill`	$6.61B	USD	Point-in-time
Goodwill	`Goodwill`	$5.98B	USD	Point-in-time
Goodwill	`Goodwill`	$6.06B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.61B	USD	Point-in-time
Other intangible assets, net	`IntangibleAssetsNetExcludingGoodwill`	$3.58B	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$31.50M	USD	Point-in-time
Deferred tax assets	`DeferredIncomeTaxAssetsNet`	$22.30M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$509.10M	USD	Point-in-time
Other assets	`OtherAssetsNoncurrent`	$549.40M	USD	Point-in-time
Total assets	`Assets`	$14.77B	USD	Point-in-time
Total assets	`Assets`	$15.56B	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`DebtCurrent`	$36.50M	USD	Point-in-time
Short-term borrowings and current maturities of long-term debt	`DebtCurrent`	$30.60M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$801.20M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$778.70M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$995.50M	USD	Point-in-time
Accrued liabilities	`AccruedLiabilitiesCurrent`	$858.80M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.83B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.67B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.69B	USD	Point-in-time
Long-term debt, less current maturities	`LongTermDebtAndCapitalLeaseObligations`	$2.72B	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$147.20M	USD	Point-in-time
Pensions and other postretirement benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$150.00M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$610.60M	USD	Point-in-time
Deferred income tax liabilities	`DeferredIncomeTaxLiabilitiesNet`	$612.60M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$433.90M	USD	Point-in-time
Other liabilities	`OtherLiabilitiesNoncurrent`	$360.80M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.72B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.51B	USD	Point-in-time
Commitments and contingencies (Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Commitments and contingencies (Note 21)	`CommitmentsAndContingencies`	-	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 428,589,061 and 426,327,805 shares issued as of December 31, 2023 and 2022, respectively	`CommonStockValue`	$4.30M	USD	Point-in-time
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 428,589,061 and 426,327,805 shares issued as of December 31, 2023 and 2022, respectively	`CommonStockValue`	$4.30M	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$9.48B	USD	Point-in-time
Capital in excess of par value	`AdditionalPaidInCapitalCommonStock`	$9.55B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.70B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$950.90M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-251.70M	USD	Point-in-time
Accumulated other comprehensive loss	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-227.60M	USD	Point-in-time
Treasury stock at cost; 25,241,667 and 21,210,095 shares as of December 31, 2023 and 2022, respectively	`TreasuryStockCommonValue`	$1.24B	USD	Point-in-time
Treasury stock at cost; 25,241,667 and 21,210,095 shares as of December 31, 2023 and 2022, respectively	`TreasuryStockCommonValue`	$984.50M	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders equity	`StockholdersEquity`	$9.20B	USD	Point-in-time
Total Ingersoll Rand Inc. stockholders equity	`StockholdersEquity`	$9.78B	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$61.40M	USD	Point-in-time
Noncontrolling interests	`MinorityInterest`	$62.90M	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.85B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.07B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$14.77B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$15.56B	USD	Point-in-time

Income Statement 82 line items

Line Item	Tag	Value	Unit	Period
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$6.88B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.15B	USD	Annual
Revenues	`RevenueFromContractWithCustomerExcludingAssessedTax`	$5.92B	USD	Annual
Cost of sales	`CostOfRevenue`	$3.59B	USD	Annual
Cost of sales	`CostOfRevenue`	$3.16B	USD	Annual
Cost of sales	`CostOfRevenue`	$3.99B	USD	Annual
Gross Profit	`GrossProfit`	$2.88B	USD	Annual
Gross Profit	`GrossProfit`	$1.99B	USD	Annual
Gross Profit	`GrossProfit`	$2.33B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.10B	USD	Annual
Selling and administrative expenses	`SellingGeneralAndAdministrativeExpense`	$1.27B	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`	$367.50M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$347.60M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-61.90M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-77.70M	USD	Annual
Other operating expense, net	`OtherOperatingIncomeExpenseNet`	$-64.90M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$1.16B	USD	Annual
Operating Income	`OperatingIncomeLoss`	$817.30M	USD	Annual
Operating Income	`OperatingIncomeLoss`	$565.70M	USD	Annual
Interest expense	`InterestExpense`	$156.70M	USD	Annual
Interest expense	`InterestExpense`	$87.70M	USD	Annual
Interest expense	`InterestExpense`	$103.20M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.10M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Point-in-time
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-13.50M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$44.00M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$29.20M	USD	Annual
Other income, net	`OtherNonoperatingIncomeExpense`	$37.00M	USD	Annual
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$742.20M	USD	Annual
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$513.00M	USD	Annual
Income Before Income Taxes	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments`	$1.03B	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$240.00M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$-21.80M	USD	Annual
Provision (benefit) for income taxes	`IncomeTaxExpenseBenefit`	$149.60M	USD	Annual
Income (loss) on equity method investments	`IncomeLossFromEquityMethodInvestments`	$-6.00M	USD	Annual
Income (loss) on equity method investments	`IncomeLossFromEquityMethodInvestments`	$-11.40M	USD	Annual
Income (loss) on equity method investments	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	Annual
Income from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$785.10M	USD	Annual
Income from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$593.30M	USD	Annual
Income from Continuing Operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$523.40M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$15.20M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$41.60M	USD	Annual
Net Income	`ProfitLoss`	$785.10M	USD	Annual
Net Income	`ProfitLoss`	$608.50M	USD	Annual
Net Income	`ProfitLoss`	$565.00M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.50M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.40M	USD	Annual
Less: Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.80M	USD	Annual
Net Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$778.70M	USD	Annual
Net Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$604.70M	USD	Annual
Net Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$562.50M	USD	Annual
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$589.50M	USD	Annual
Income from continuing operations, net of tax	`IncomeLossFromContinuingOperations`	$778.70M	USD	Annual
Income 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`	$15.20M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity`	-	USD	Annual
Net Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$778.70M	USD	Annual
Net Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$604.70M	USD	Annual
Net Income Attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$562.50M	USD	Annual
Earnings from continuing operations (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.45	USD	Annual
Earnings from continuing operations (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.92	USD	Annual
Earnings from continuing operations (in USD per share)	`IncomeLossFromContinuingOperationsPerBasicShare`	$1.26	USD	Annual
Earnings from discontinued operations (in USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.10	USD	Annual
Earnings from discontinued operations (in USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	-	USD	Annual
Earnings from discontinued operations (in USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare`	$0.04	USD	Annual
Net earnings (in USD per share)	`EarningsPerShareBasic`	$1.92	USD	Annual
Net earnings (in USD per share)	`EarningsPerShareBasic`	$1.49	USD	Annual
Net earnings (in USD per share)	`EarningsPerShareBasic`	$1.36	USD	Annual
Earnings from continuing operations (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.90	USD	Annual
Earnings from continuing operations (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.44	USD	Annual
Earnings from continuing operations (in USD per share)	`IncomeLossFromContinuingOperationsPerDilutedShare`	$1.24	USD	Annual
Earnings from discontinued operations (in USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.04	USD	Annual
Earnings from discontinued operations (in USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	-	USD	Annual
Earnings from discontinued operations (in USD per share)	`IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare`	$0.10	USD	Annual
Net earnings (in USD per share)	`EarningsPerShareDiluted`	$1.34	USD	Annual
Net earnings (in USD per share)	`EarningsPerShareDiluted`	$1.90	USD	Annual
Net earnings (in USD per share)	`EarningsPerShareDiluted`	$1.47	USD	Annual

Cash Flow Statement 132 line items

Line Item	Tag	Value	Unit	Period
Net Income	`ProfitLoss`	$785.10M	USD	Annual
Net Income	`ProfitLoss`	$608.50M	USD	Annual
Net Income	`ProfitLoss`	$565.00M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	-	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$15.20M	USD	Annual
Income from discontinued operations, net of tax	`IncomeLossFromDiscontinuedOperationsNetOfTax`	$41.60M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$785.10M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$593.30M	USD	Annual
Income from continuing operations	`IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest`	$523.40M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$332.90M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$367.50M	USD	Annual
Amortization of intangible assets	`AmortizationOfIntangibleAssets`	$347.60M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$89.20M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$91.60M	USD	Annual
Depreciation	`CostOfGoodsAndServicesSoldDepreciation`	$85.20M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$1.10M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$2.70M	USD	Annual
Non-cash restructuring charges	`RestructuringCosts`	$6.00M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$51.90M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$87.20M	USD	Annual
Stock-based compensation expense	`ShareBasedCompensation`	$78.90M	USD	Annual
Loss (income) on equity method investments	`IncomeLossFromEquityMethodInvestments`	$-6.00M	USD	Annual
Loss (income) on equity method investments	`IncomeLossFromEquityMethodInvestments`	$-11.40M	USD	Annual
Loss (income) on equity method investments	`IncomeLossFromEquityMethodInvestments`	$700.00K	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$-5.10M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$5.90M	USD	Annual
Foreign currency transaction losses (gains), net	`ForeignCurrencyTransactionGainLossBeforeTax`	$12.00M	USD	Annual
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$36.10M	USD	Annual
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$33.20M	USD	Annual
Non-cash adjustments to carrying value of LIFO inventories	`InventoryLIFOReserveEffectOnIncomeNet`	$12.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-1.10M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Point-in-time
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-9.00M	USD	Annual
Loss on extinguishment of debt	`GainsLossesOnExtinguishmentOfDebt`	$-13.50M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-85.80M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-103.60M	USD	Annual
Deferred income taxes	`DeferredIncomeTaxExpenseBenefit`	$-76.90M	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-8.30M	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$200.00K	USD	Annual
Other non-cash adjustments	`OtherNoncashIncomeExpense`	$-7.00M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$48.60M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$62.50M	USD	Annual
Receivables	`IncreaseDecreaseInReceivables`	$195.20M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$-117.30M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$225.60M	USD	Annual
Inventories	`IncreaseDecreaseInInventories`	$134.40M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$118.20M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-23.90M	USD	Annual
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$120.40M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$94.80M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$-220.00M	USD	Annual
Accrued liabilities	`IncreaseDecreaseInAccruedLiabilities`	$101.20M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$-1.80M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$45.10M	USD	Annual
Other assets and liabilities, net	`IncreaseDecreaseInOtherOperatingCapitalNet`	$29.00M	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`	$1.38B	USD	Annual
Net cash provided by operating activities from continuing operations	`NetCashProvidedByUsedInOperatingActivitiesContinuingOperations`	$865.40M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$94.60M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$64.10M	USD	Annual
Capital expenditures	`PaymentsToAcquireProductiveAssets`	$105.40M	USD	Annual
Net cash paid in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$974.80M	USD	Annual
Net cash paid in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$963.00M	USD	Annual
Net cash paid in acquisitions	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$246.80M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	-	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$7.60M	USD	Annual
Disposals of property, plant and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$9.50M	USD	Annual
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$-300.00K	USD	Annual
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	$-4.10M	USD	Annual
Other investing	`PaymentsForProceedsFromOtherInvestingActivities`	-	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`	$-337.30M	USD	Annual
Net cash used in investing activities from continuing operations	`NetCashProvidedByUsedInInvestingActivitiesContinuingOperations`	$-1.06B	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$655.60M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$435.70M	USD	Annual
Principal payments on long-term debt	`RepaymentsOfLongTermDebt`	$1.52B	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	$1.49B	USD	Annual
Proceeds from long-term debt	`ProceedsFromIssuanceOfLongTermDebt`	-	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$263.00M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$736.80M	USD	Annual
Purchases of treasury stock	`PaymentsForRepurchaseOfCommonStock`	$261.10M	USD	Annual
Cash dividends on common stock	`PaymentsOfDividendsCommonStock`	$32.40M	USD	Annual
Cash dividends on common stock	`PaymentsOfDividendsCommonStock`	$32.40M	USD	Annual
Cash dividends on common stock	`PaymentsOfDividendsCommonStock`	$8.20M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$19.30M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$30.30M	USD	Annual
Proceeds from stock option exercises	`ProceedsFromStockOptionsExercised`	$23.70M	USD	Annual
Payments of interest rate cap premiums	`PaymentsForHedgeFinancingActivities`	-	USD	Annual
Payments of interest rate cap premiums	`PaymentsForHedgeFinancingActivities`	$13.40M	USD	Annual
Payments of interest rate cap premiums	`PaymentsForHedgeFinancingActivities`	-	USD	Annual
Payments of deferred and contingent acquisition consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	-	USD	Annual
Payments of deferred and contingent acquisition consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$4.60M	USD	Annual
Payments of deferred and contingent acquisition consideration	`PaymentForContingentConsiderationLiabilityFinancingActivities`	$17.50M	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	Annual
Payments of debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$18.50M	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-8.80M	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	$-6.20M	USD	Annual
Other financing	`ProceedsFromPaymentsForOtherFinancingActivities`	-	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-954.00M	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-1.16B	USD	Annual
Net cash provided by (used in) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-337.50M	USD	Annual
Net cash used in operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-12.30M	USD	Annual
Net cash used in operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash used in operating activities	`CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations`	$-5.10M	USD	Annual
Net cash provided by investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	-	USD	Annual
Net cash provided by investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$4.40M	USD	Annual
Net cash provided by investing activities	`CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations`	$1.94B	USD	Annual
Net cash provided by (used in) discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$1.93B	USD	Annual
Net cash provided by (used in) discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	-	USD	Annual
Net cash provided by (used in) discontinued operations	`NetCashProvidedByUsedInDiscontinuedOperations`	$-700.00K	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-14.10M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$3.10M	USD	Annual
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$-70.00M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$358.70M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-496.60M	USD	Annual
Net increase (decrease) in cash and cash equivalents	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect`	$-17.50M	USD	Annual
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.60B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.11B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash and cash equivalents, beginning of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.60B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$2.11B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.61B	USD	Point-in-time
Cash and cash equivalents, end of year	`CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents`	$1.75B	USD	Point-in-time
Cash paid for income taxes	`IncomeTaxesPaidNet`	$181.50M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$302.00M	USD	Annual
Cash paid for income taxes	`IncomeTaxesPaidNet`	$427.90M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$95.20M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$100.50M	USD	Annual
Cash paid for interest	`InterestPaidNet`	$79.80M	USD	Annual

Stockholders Equity 37 line items

Line Item	Tag	Value	Unit	Period
Balance at beginning of period (shares)	`CommonStockSharesOutstanding`	403.35M	shares	Point-in-time
Balance at beginning of period (shares)	`CommonStockSharesOutstanding`	405.12M	shares	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.85B	USD	Point-in-time
Balance at beginning of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.07B	USD	Point-in-time
Net income	`ProfitLoss`	$785.10M	USD	Annual
Net income	`ProfitLoss`	$608.50M	USD	Annual
Net income	`ProfitLoss`	$565.00M	USD	Annual
Dividends declared	`DividendsCommonStock`	$8.20M	USD	Annual
Dividends declared	`DividendsCommonStock`	$32.40M	USD	Annual
Dividends declared	`DividendsCommonStock`	$32.40M	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`	$17.30M	USD	Annual
Issuance of common stock for stock-based compensation plans	`StockIssuedDuringPeriodValueShareBasedCompensation`	$27.80M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$261.10M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$736.80M	USD	Annual
Purchases of treasury stock	`TreasuryStockValueAcquiredCostMethod`	$264.10M	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$2.20M	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$2.80M	USD	Annual
Issuance of treasury stock for stock-based compensation plans	`TreasuryStockIssuedDuringPeriodValueShareBasedCompensation`	$1.80M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$51.10M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$97.90M	USD	Annual
Stock-based compensation	`AdjustmentsToAdditionalPaidInCapitalShareBasedCompensationStockOptionsRequisiteServicePeriodRecognition`	$73.70M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-217.30M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$25.80M	USD	Annual
Other comprehensive loss, net of tax	`OtherComprehensiveIncomeLossNetOfTax`	$-56.60M	USD	Annual
Divestiture of foreign subsidiaries	`OtherComprehensiveIncomeLossDivestitureOfForeignSubsidiaries`	$1.50M	USD	Annual
Dividends attributable to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$6.60M	USD	Annual
Dividends attributable to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$4.90M	USD	Annual
Dividends attributable to noncontrolling interests	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$300.00K	USD	Annual
Balance at end of period (shares)	`CommonStockSharesOutstanding`	403.35M	shares	Point-in-time
Balance at end of period (shares)	`CommonStockSharesOutstanding`	405.12M	shares	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.19B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.26B	USD	Point-in-time
Balance at end of period	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$9.85B	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 attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$778.70M	USD	Annual
Net income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$604.70M	USD	Annual
Net income attributable to Ingersoll Rand Inc.	`NetIncomeLoss`	$562.50M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-252.90M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$34.80M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-103.00M	USD	Annual
Unrecognized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	-	USD	Annual
Unrecognized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$-3.80M	USD	Annual
Unrecognized gain (loss) on cash flow hedges	`OtherComprehensiveIncomeLossCashFlowHedgeGainLossAfterReclassificationAndTaxParent`	$16.00M	USD	Annual
Pension and other postretirement prior service cost and gain (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-26.80M	USD	Annual
Pension and other postretirement prior service cost and gain (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$-48.70M	USD	Annual
Pension and other postretirement prior service cost and gain (loss), net	`OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent`	$6.90M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-54.30M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$24.10M	USD	Annual
Other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToParent`	$-210.10M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$394.60M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$802.80M	USD	Annual
Comprehensive income attributable to Ingersoll Rand Inc.	`ComprehensiveIncomeNetOfTax`	$508.20M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.50M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$6.40M	USD	Annual
Net income attributable to noncontrolling interests	`NetIncomeLossAttributableToNoncontrollingInterest`	$3.80M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.70M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-7.20M	USD	Annual
Foreign currency translation adjustments, net	`OtherComprehensiveIncomeForeignCurrencyTransactionAndTranslationAdjustmentNetOfTaxPortionAttributableToNoncontrollingInterest`	$-2.30M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-7.20M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$-2.30M	USD	Annual
Total other comprehensive income (loss), net of tax	`OtherComprehensiveIncomeLossNetOfTaxPortionAttributableToNoncontrollingInterest`	$1.70M	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$8.10M	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$-3.40M	USD	Annual
Comprehensive income (loss) attributable to noncontrolling interests	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$200.00K	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$508.40M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$391.20M	USD	Annual
Total Comprehensive Income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$810.90M	USD	Annual

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