Exhibit  99.1
INGERSOLL-RAND COMPANY LIMITED
Condensed Consolidated Balance Sheet
(In millions)
UNAUDITED
			June	December
			30, 2004	31, 2003
ASSETS
Current assets:
	Cash and cash equivalents		$       390.7	$       459.6
	Accounts and notes receivable, net		1,767.7	1,645.6
	Inventories		1,051.2	975.1
	Prepaid expenses and deferred income taxes		358.0	356.8
	Assets held for sale		13.3	145.8
		Total current assets	3,580.9	3,582.9
	Property, plant and equipment, net		1,111.8	1,171.1
	Goodwill		4,161.1	4,187.3
	Intangible assets, net		869.1	882.9
	Other assets		866.5	840.7
		Total assets	$   10,589.4	$   10,664.9
LIABILITIES AND EQUITY
Current liabilities:
	Accounts payable		$       740.5	$       725.4
	Accrued expenses and other current liabilities		1,370.4	1,501.6
	Loans payable		691.6	800.7
	Liabilities held for sale		1.0	25.3
		Total current liabilities	2,803.5	3,053.0
	Long-term debt		1,366.6	1,518.6
	Other noncurrent liabilities		1,659.3	1,600.0
			5,829.4	6,171.6
Shareholders' equity:
	Common stock		176.6	174.5
	Other shareholders' equity		4,867.8	4,589.3
	Accumulated other comprehensive income		(284.4)	(270.5)
		Total shareholders' equity	4,760.0	4,493.3
		Total liabilities and equity	$   10,589.4	$   10,664.9
SEE ATTACHED RELEASE FOR ADDITIONAL INFORMATION