XML 20 R79.htm IDEA: XBRL DOCUMENT v2.4.0.8
Guarantor Financial Information (Condensed Consolidating Statements of Comprehensive Income) (Details) (USD $)
In Millions, unless otherwise specified
3 Months Ended 12 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Dec. 31, 2013
Condensed Financial Statements, Captions [Line Items]      
Net revenues $ 2,722.9 $ 2,639.0 $ 12,350.5
Cost of goods sold (1,954.8) (1,912.6) (8,722.3)
Selling and administrative expenses (613.1) (606.4) (2,523.2)
Operating income 155.0 120.0 1,105.0
Equity earnings (loss) in affiliates, net of tax 0 0 0
Interest expense (52.0) (60.6) (278.8)
Intercompany interest and fees 0 0 0
Other, net 2.2 0.5 3.4
Earnings before income taxes 105.2 59.9 829.6
Benefit (provision) for income taxes (24.5) (4.5) (189.0)
Earnings from continuing operations 80.7 55.4 640.6
Discontinued operations, net of tax 2.9 [1] 39.2 [1] 13.3
Net earnings 83.6 94.6 653.9
Less: Net earnings attributable to noncontrolling interests (4.6) (6.6) (35.1)
Net earnings attributable to Ingersoll-Rand plc 79.0 88.0 618.8
Total comprehensive income (loss) 48.9 9.6 951.9
Less: Total comprehensive (income) loss attributable to noncontrolling interests (5.9) (7.8) (38.4)
Total comprehensive income (loss) attributable to Ingersoll-Rand plc 43.0 1.8 913.5
IR Ireland [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 0 0 0
Cost of goods sold 0 0 0.7
Selling and administrative expenses (2.1) (2.6) (60.0)
Operating income (2.1) (2.6) (59.3)
Equity earnings (loss) in affiliates, net of tax 85.0 92.6 696.2
Interest expense 0 0 0
Intercompany interest and fees (4.0) (3.0) (14.1)
Other, net 0.2 0.3 (3.9)
Earnings before income taxes 79.1 87.3 618.9
Benefit (provision) for income taxes 0 0.7 (0.3)
Earnings from continuing operations 79.1 88.0 618.6
Discontinued operations, net of tax (0.1) 0 0.2
Net earnings 79.0 88.0 618.8
Less: Net earnings attributable to noncontrolling interests 0 0 0
Net earnings attributable to Ingersoll-Rand plc 79.0 88.0 618.8
Total comprehensive income (loss) 43.0 1.7 913.5
Less: Total comprehensive (income) loss attributable to noncontrolling interests 0 0 0
Total comprehensive income (loss) attributable to Ingersoll-Rand plc 43.0 1.7 913.5
IR Limited [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 0 0 0
Cost of goods sold 0 0 0
Selling and administrative expenses 0 0 (0.1)
Operating income 0 0 (0.1)
Equity earnings (loss) in affiliates, net of tax 86.0 92.6 696.7
Interest expense 0 0 0
Intercompany interest and fees (0.9) 0 (0.4)
Other, net 0 0 0
Earnings before income taxes 85.1 92.6 696.2
Benefit (provision) for income taxes 0 0 0
Earnings from continuing operations 85.1 92.6 696.2
Discontinued operations, net of tax 0 0 0
Net earnings 85.1 92.6 696.2
Less: Net earnings attributable to noncontrolling interests 0 0 0
Net earnings attributable to Ingersoll-Rand plc 85.1 92.6 696.2
Total comprehensive income (loss) 49.1 6.3 1,050.3
Less: Total comprehensive (income) loss attributable to noncontrolling interests 0 0 0.4
Total comprehensive income (loss) attributable to Ingersoll-Rand plc 49.1 6.3 1,050.7
IR International [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 0 0 0
Cost of goods sold 0 0 0
Selling and administrative expenses 0 0 0
Operating income 0 0 0
Equity earnings (loss) in affiliates, net of tax 90.7 108.3 791.0
Interest expense (4.0) (4.0) (15.8)
Intercompany interest and fees (5.7) (8.8) (33.8)
Other, net 3.7 0.6 1.6
Earnings before income taxes 84.7 96.1 743.0
Benefit (provision) for income taxes 0 0 0
Earnings from continuing operations 84.7 96.1 743.0
Discontinued operations, net of tax 0 0 0
Net earnings 84.7 96.1 743.0
Less: Net earnings attributable to noncontrolling interests 0 0 0
Net earnings attributable to Ingersoll-Rand plc 84.7 96.1 743.0
Total comprehensive income (loss) 85.0 96.4 744.2
Less: Total comprehensive (income) loss attributable to noncontrolling interests 0 0 0
Total comprehensive income (loss) attributable to Ingersoll-Rand plc 85.0 96.4 744.2
IR Global [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 0 0 0
Cost of goods sold 0 0 0
Selling and administrative expenses (0.1) (0.4) (1.1)
Operating income (0.1) (0.4) (1.1)
Equity earnings (loss) in affiliates, net of tax (19.5) 153.9 1,008.0
Interest expense (32.0) (39.7) (196.4)
Intercompany interest and fees (1.1) (9.6) (34.0)
Other, net 0 0.3 0.8
Earnings before income taxes (52.7) 104.5 777.3
Benefit (provision) for income taxes 7.8 0 0
Earnings from continuing operations (44.9) 104.5 777.3
Discontinued operations, net of tax 0 0 0
Net earnings (44.9) 104.5 777.3
Less: Net earnings attributable to noncontrolling interests 0 0 0
Net earnings attributable to Ingersoll-Rand plc (44.9) 104.5 777.3
Total comprehensive income (loss) (44.8) 95.1 789.0
Less: Total comprehensive (income) loss attributable to noncontrolling interests 0 0 0
Total comprehensive income (loss) attributable to Ingersoll-Rand plc (44.8) 95.1 789.0
IR New Jersey [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 229.8 225.5 922.1
Cost of goods sold (133.5) (136.9) (564.9)
Selling and administrative expenses (106.3) (90.9) (355.9)
Operating income (10.0) (2.3) 1.3
Equity earnings (loss) in affiliates, net of tax 9.4 38.2 152.4
Interest expense (12.3) (12.6) (76.2)
Intercompany interest and fees (24.8) (0.5) (13.7)
Other, net 13.9 (2.7) 137.4
Earnings before income taxes (23.8) 20.1 201.2
Benefit (provision) for income taxes 3.7 7.3 (1.3)
Earnings from continuing operations (20.1) 27.4 199.9
Discontinued operations, net of tax (6.5) (25.9) (198.9)
Net earnings (26.6) 1.5 1.0
Less: Net earnings attributable to noncontrolling interests 0 0 0
Net earnings attributable to Ingersoll-Rand plc (26.6) 1.5 1.0
Total comprehensive income (loss) 166.9 6.9 399.6
Less: Total comprehensive (income) loss attributable to noncontrolling interests 0 0 0
Total comprehensive income (loss) attributable to Ingersoll-Rand plc 166.9 6.9 399.6
Other Subsidiaries [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 2,493.1 2,413.5 11,428.4
Cost of goods sold (1,821.3) (1,775.7) (8,158.1)
Selling and administrative expenses (504.6) (512.5) (2,106.1)
Operating income 167.2 125.3 1,164.2
Equity earnings (loss) in affiliates, net of tax 57.9 97.9 743.9
Interest expense (3.7) (4.3) 9.6
Intercompany interest and fees 36.5 21.9 96.0
Other, net (15.6) 12.0 (129.4)
Earnings before income taxes 242.3 252.8 1,884.3
Benefit (provision) for income taxes (36.0) (12.5) (187.4)
Earnings from continuing operations 206.3 240.3 1,696.9
Discontinued operations, net of tax 9.5 65.1 212.0
Net earnings 215.8 305.4 1,908.9
Less: Net earnings attributable to noncontrolling interests (4.5) (16.6) (38.1)
Net earnings attributable to Ingersoll-Rand plc 211.3 288.8 1,870.8
Total comprehensive income (loss) (12.4) 228.2 1,855.2
Less: Total comprehensive (income) loss attributable to noncontrolling interests (5.8) (17.8) (41.8)
Total comprehensive income (loss) attributable to Ingersoll-Rand plc (18.2) 210.4 1,813.4
Consolidating Adjustments [Member]
     
Condensed Financial Statements, Captions [Line Items]      
Net revenues 0 0 0
Cost of goods sold 0 0 0
Selling and administrative expenses 0 0 0
Operating income 0 0 0
Equity earnings (loss) in affiliates, net of tax (309.5) (583.5) (4,088.2)
Interest expense 0 0 0
Intercompany interest and fees 0 0 0
Other, net 0 (10.0) (3.1)
Earnings before income taxes (309.5) (593.5) (4,091.3)
Benefit (provision) for income taxes 0 0 0
Earnings from continuing operations (309.5) (593.5) (4,091.3)
Discontinued operations, net of tax 0 0 0
Net earnings (309.5) (593.5) (4,091.3)
Less: Net earnings attributable to noncontrolling interests (0.1) 10.0 3.0
Net earnings attributable to Ingersoll-Rand plc (309.6) (583.5) (4,088.3)
Total comprehensive income (loss) (237.9) (425.0) (4,799.9)
Less: Total comprehensive (income) loss attributable to noncontrolling interests (0.1) 10.0 3.0
Total comprehensive income (loss) attributable to Ingersoll-Rand plc $ (238.0) $ (415.0) $ (4,796.9)
[1] Included in Allegion, net of tax for the three months ended March 31, 2013 are spin costs of