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Condensed Consolidated Statements of Comprehensive Income - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2019
Sep. 30, 2018
Sep. 30, 2019
Sep. 30, 2018
Net revenues $ 4,344.3 $ 4,030.9 $ 12,448.0 $ 11,773.1
Cost of goods sold (2,935.8) (2,718.3) (8,547.2) (8,102.6)
Selling and administrative expenses (785.3) (725.6) (2,308.6) (2,199.8)
Operating income 623.2 587.0 1,592.2 1,470.7
Interest expense (64.1) (48.5) (179.7) (171.7)
Other income/(expense), net (7.2) (8.5) (22.6) (16.0)
Earnings before income taxes 551.9 530.0 1,389.9 1,283.0
Benefit (provision) for income taxes (112.9) 1.1 279.2 (159.9)
Earnings from continuing operations 439.0 531.1 1,110.7 1,123.1
Discontinued operations, net of tax 24.4 (11.7) 16.7 (27.0)
Net earnings 463.4 519.4 1,127.4 1,096.1
Less: Net earnings attributable to noncontrolling interests (4.6) (4.3) (12.6) (12.5)
Net earnings attributable to Ingersoll-Rand plc 458.8 515.1 1,114.8 1,083.6
Amounts attributable to Ingersoll-Rand plc ordinary shareholders:        
Continuing operations 434.4 526.8 1,098.1 1,110.6
Discontinued operations 24.4 (11.7) 16.7 (27.0)
Net earnings attributable to Ingersoll-Rand plc $ 458.8 $ 515.1 $ 1,114.8 $ 1,083.6
Basic:        
Continuing operations $ 1.80 $ 2.14 $ 4.54 $ 4.48
Discontinued operations 0.10 (0.05) 0.06 (0.11)
Net earnings 1.90 2.09 4.60 4.37
Diluted:        
Continuing operations 1.78 2.11 4.48 4.43
Discontinued operations 0.10 (0.05) 0.07 (0.11)
Net earnings $ 1.88 $ 2.06 $ 4.55 $ 4.32
Weighted-average shares outstanding        
Basic 241.7 246.4 242.1 248.1
Diluted 244.6 249.5 244.8 250.9
Total comprehensive income $ 332.3 $ 504.0 $ 1,022.8 $ 952.2
Less: Total comprehensive income attributable to noncontrolling interests (4.1) (4.1) (13.7) (9.6)
Total comprehensive income attributable to Ingersoll-Rand plc $ 328.2 $ 499.9 $ 1,009.1 $ 942.6