Equity (Tables)

3 Months Ended

Mar. 31, 2022

Stockholders' Equity Note [Abstract]

Reconciliation of Ordinary Shares

Changes in ordinary shares and treasury shares for the three months ended March 31, 2022 were as follows:

In millions	Ordinary shares issued	Ordinary shares held in treasury
December 31, 2021	259.7	24.5
Shares issued under incentive plans, net	0.5	—
Repurchase of ordinary shares	(1.9)	—
March 31, 2022	258.3	24.5

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2022 were as follows:

In millions	Derivative Instruments		Pension and OPEB		Foreign Currency Translation		Total
Balance at December 31, 2021	$	7.1	$	(297.9)	$	(346.8)	$	(637.6)
Other comprehensive income (loss) attributable to Trane Technologies plc	8.8		6.9		(17.1)		(1.4)
Balance at March 31, 2022	$	15.9	$	(291.0)	$	(363.9)	$	(639.0)

The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2021 were as follows:

In millions	Derivative Instruments		Pension and OPEB		Foreign Currency Translation		Total
Balance at December 31, 2020	$	10.8	$	(416.5)	$	(225.8)	$	(631.5)
Other comprehensive income (loss) attributable to Trane Technologies plc	(3.4)		15.2		(80.1)		(68.3)
Balance at March 31, 2021	$	7.4	$	(401.3)	$	(305.9)	$	(699.8)

Other comprehensive income (loss) attributable to noncontrolling interests for the three months ended March 31, 2021 included a loss of $2.4 million related to currency translation.