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Consolidated Statements of Comprehensive Income (USD $)
In Millions, except Per Share data, unless otherwise specified
12 Months Ended
Dec. 31, 2014
Dec. 31, 2013
Dec. 31, 2012
Net revenues $ 12,891.4us-gaap_SalesRevenueNet $ 12,350.5us-gaap_SalesRevenueNet $ 11,988.3us-gaap_SalesRevenueNet
Cost of goods sold (8,982.8)us-gaap_CostOfGoodsAndServicesSold (8,722.3)us-gaap_CostOfGoodsAndServicesSold (8,533.5)us-gaap_CostOfGoodsAndServicesSold
Selling and administrative expenses (2,503.9)us-gaap_SellingGeneralAndAdministrativeExpense (2,523.2)us-gaap_SellingGeneralAndAdministrativeExpense (2,382.9)us-gaap_SellingGeneralAndAdministrativeExpense
Operating income (loss) 1,404.7us-gaap_OperatingIncomeLoss 1,105.0us-gaap_OperatingIncomeLoss 1,071.9us-gaap_OperatingIncomeLoss
Interest expense (225.3)us-gaap_InterestExpense (278.8)us-gaap_InterestExpense (252.0)us-gaap_InterestExpense
Other, net 30.0us-gaap_OtherNonoperatingIncomeExpense 3.4us-gaap_OtherNonoperatingIncomeExpense 28.1us-gaap_OtherNonoperatingIncomeExpense
Earnings (loss) before income taxes 1,209.4us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 829.6us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest 848.0us-gaap_IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest
Benefit (provision) for income taxes (293.7)us-gaap_IncomeTaxExpenseBenefit (189.0)us-gaap_IncomeTaxExpenseBenefit (56.0)us-gaap_IncomeTaxExpenseBenefit
Earnings (loss) from continuing operations 915.7us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 640.6us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest 792.0us-gaap_IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest
Discontinued operations, net of tax 34.7us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 13.3us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax 252.0us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTax
Net earnings 950.4us-gaap_ProfitLoss 653.9us-gaap_ProfitLoss 1,044.0us-gaap_ProfitLoss
Less: Net earnings attributable to noncontrolling interests (18.7)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (35.1)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest (25.4)us-gaap_NetIncomeLossAttributableToNoncontrollingInterest
Net earnings (loss) attributable to Ingersoll-Rand plc 931.7us-gaap_NetIncomeLoss 618.8us-gaap_NetIncomeLoss 1,018.6us-gaap_NetIncomeLoss
Amounts attributable to Ingersoll-Rand plc ordinary shareholders:      
Continuing operations 897.0us-gaap_IncomeLossFromContinuingOperations 620.1us-gaap_IncomeLossFromContinuingOperations 772.4us-gaap_IncomeLossFromContinuingOperations
Discontinued operations 34.7us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity (1.3)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity 246.2us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxAttributableToReportingEntity
Net earnings (loss) attributable to Ingersoll-Rand plc 931.7us-gaap_NetIncomeLoss 618.8us-gaap_NetIncomeLoss 1,018.6us-gaap_NetIncomeLoss
Basic:      
Continuing operations $ 3.32us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 2.11us-gaap_IncomeLossFromContinuingOperationsPerBasicShare $ 2.54us-gaap_IncomeLossFromContinuingOperationsPerBasicShare
Discontinued operations $ 0.12us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.00us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare $ 0.81us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerBasicShare
Net earnings $ 3.44us-gaap_EarningsPerShareBasic $ 2.11us-gaap_EarningsPerShareBasic $ 3.35us-gaap_EarningsPerShareBasic
Diluted:      
Continuing operations $ 3.27us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 2.08us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare $ 2.49us-gaap_IncomeLossFromContinuingOperationsPerDilutedShare
Discontinued operations $ 0.13us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ (0.01)us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare $ 0.79us-gaap_IncomeLossFromDiscontinuedOperationsNetOfTaxPerDilutedShare
Net earnings $ 3.40us-gaap_EarningsPerShareDiluted $ 2.07us-gaap_EarningsPerShareDiluted $ 3.28us-gaap_EarningsPerShareDiluted
Statements of Comprehensive Income      
Net earnings 950.4us-gaap_ProfitLoss 653.9us-gaap_ProfitLoss 1,044.0us-gaap_ProfitLoss
Currency translation (450.2)us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 15.0us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax 85.5us-gaap_OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
Cash flow hedges and marketable securities unrealized net gains (losses) arising during period (3.1)ir_Othercomprehensiveincomelossunrealizedholdinggainlossonderivativesandsecuritiesarisingduringperiodbeforetax 7.8ir_Othercomprehensiveincomelossunrealizedholdinggainlossonderivativesandsecuritiesarisingduringperiodbeforetax (0.7)ir_Othercomprehensiveincomelossunrealizedholdinggainlossonderivativesandsecuritiesarisingduringperiodbeforetax
Cash flow hedges and marketable securities net gains (losses) reclassified into earnings 5.7ir_Othercomprehensiveincomelossreclassificationadjustmentonderivativesandsecuritiesincludedinnetincomearisingduringperiodbeforetax 12.1ir_Othercomprehensiveincomelossreclassificationadjustmentonderivativesandsecuritiesincludedinnetincomearisingduringperiodbeforetax 2.8ir_Othercomprehensiveincomelossreclassificationadjustmentonderivativesandsecuritiesincludedinnetincomearisingduringperiodbeforetax
Cash flow hedges and marketable securities tax (expense) benefit 0.1ir_Othercomprehensiveincomelossonavailableforsalesecuritiesandderivativesqualifyingashedgestax (0.2)ir_Othercomprehensiveincomelossonavailableforsalesecuritiesandderivativesqualifyingashedgestax 1.0ir_Othercomprehensiveincomelossonavailableforsalesecuritiesandderivativesqualifyingashedgestax
Total cash flow hedges and marketable securities net of tax 2.7ir_Othercomprehensiveincomelossonavailableforsalesecuritiesandderivativesqualifyingashedgesnetofunrealizedholdinggainslossesandreclassificationadjustmentsnetoftax 19.7ir_Othercomprehensiveincomelossonavailableforsalesecuritiesandderivativesqualifyingashedgesnetofunrealizedholdinggainslossesandreclassificationadjustmentsnetoftax 3.1ir_Othercomprehensiveincomelossonavailableforsalesecuritiesandderivativesqualifyingashedgesnetofunrealizedholdinggainslossesandreclassificationadjustmentsnetoftax
Pension and OPEB adjustments prior service gains (costs) for the period (9.2)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax (1.2)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax 58.8us-gaap_OtherComprehensiveIncomeDefinedBenefitPlanNetPriorServiceCostCreditArisingDuringPeriodBeforeTax
Pension and OPEB adjustments net actuarial gains (losses) for the period (220.9)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax 358.9us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax (185.0)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansNetUnamortizedGainLossArisingDuringPeriodBeforeTax
Pension and OPEB adjustments amortization reclassified to earnings 31.6us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax 63.9us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax 62.7us-gaap_OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditBeforeTax
Pension and OPEB adjustments settlements and curtailments reclassified to earnings 7.1us-gaap_OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax 0.7us-gaap_OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax 4.9us-gaap_OtherComprehensiveIncomeLossFinalizationOfPensionAndNonPensionPostretirementPlanValuationBeforeTax
Pension and OPEB adjustments currency translation and other 16.1ir_Othercomprehensiveincomelosspensionandotherpostretirementbenefitplanscurrencytranslationbeforetax (5.4)ir_Othercomprehensiveincomelosspensionandotherpostretirementbenefitplanscurrencytranslationbeforetax (9.6)ir_Othercomprehensiveincomelosspensionandotherpostretirementbenefitplanscurrencytranslationbeforetax
Pension and OPEB adjustments tax (expense) benefit 73.0us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax (153.6)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax (0.2)us-gaap_OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansTax
Total pension and OPEB adjustments, net of tax (102.3)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent 263.3us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent (68.4)us-gaap_OtherComprehensiveIncomeDefinedBenefitPlansAdjustmentNetOfTaxPortionAttributableToParent
Other comprehensive income (loss), net of tax (549.8)us-gaap_OtherComprehensiveIncomeLossNetOfTax 298.0us-gaap_OtherComprehensiveIncomeLossNetOfTax 20.2us-gaap_OtherComprehensiveIncomeLossNetOfTax
Total comprehensive income (loss), net of tax 400.6us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 951.9us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest 1,064.2us-gaap_ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest
Total comprehensive (income) loss attributable to noncontrolling interests (16.5)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (38.4)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest (13.0)us-gaap_ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest
Total comprehensive income (loss) attributable to Ingersoll-Rand plc $ 384.1us-gaap_ComprehensiveIncomeNetOfTax $ 913.5us-gaap_ComprehensiveIncomeNetOfTax $ 1,051.2us-gaap_ComprehensiveIncomeNetOfTax