EXHIBIT 99.1
INGERSOLL-RAND COMPANY
Consolidated Income Statement
Third Quarter and Nine Months
(In millions, except percentages)
UNAUDITED
		Three Months		Nine Months
		Ended September 30,		Ended September 30,
		2004	2003	2004	2003
Revenues		$   2,368.0	$   2,064.0	$   6,934.6	$   6,002.3
Cost of goods sold		1,738.8	1,523.7	5,076.3	4,474.7
Selling & administrative expenses		351.0	329.4	1,035.9	968.4
Restructuring charges		-	(1.9)	-	(1.9)
Operating income		278.2	212.8	822.4	561.1
Interest expense		(35.7)	(42.1)	(116.1)	(135.7)
Other income (expense)		5.1	(3.9)	0.2	(4.8)
Earnings before taxes		247.6	166.8	706.5	420.6
Provision for taxes		42.0	21.6	99.0	50.4
Earnings from continuing operations		205.6	145.2	607.5	370.2
Discontinued operations, net of tax		32.2	9.4	96.0	76.9
Net earnings		$     237.8	$     154.6	$     703.5	$     447.1
Basic earnings per share
	Continuing operations	$       1.19	$       0.85	$       3.50	$       2.18
	Discontinued operations	0.18	0.05	0.55	0.45
		$       1.37	$       0.90	$       4.05	$       2.63
Diluted earnings per share
	Continuing operations	$       1.18	$       0.83	$       3.46	$       2.15
	Discontinued operations	0.18	0.05	0.54	0.45
		$       1.36	$       0.88	$       4.00	$       2.60
Weighted-average number of common
	shares outstanding:
	Basic	173.1	171.6	173.6	170.3
	Diluted	175.0	174.8	175.7	171.8
SEE ATTACHED RELEASE FOR ADDITIONAL INFORMATION