Consolidated Balance Sheets - USD ($) $ in Millions	Dec. 31, 2022	Dec. 31, 2021
ASSETS
Cash and cash equivalents	$ 1,220.5	$ 2,159.2
Accounts and notes receivable, net	2,780.1	2,429.4
Inventories	1,993.8	1,530.8
Other current assets	384.8	351.5
Total current assets	6,379.2	6,470.9
Property, plant and equipment, net	1,536.1	1,398.8
Goodwill	5,503.7	5,504.8
Intangible Assets, Net (Excluding Goodwill)	3,264.0	3,305.6
Other noncurrent assets	1,398.6	1,379.7
Total assets	18,081.6	18,059.8
LIABILITIES AND EQUITY
Accounts payable	2,091.6	1,787.3
Accrued compensation and benefits	541.2	544.8
Accrued expenses and other current liabilities	2,006.0	2,069.9
Short-term borrowings and current maturities of long-term debt	1,048.0	350.4
Total current liabilities	5,686.8	4,752.4
Long-term debt	3,788.3	4,491.7
Postemployment and other benefit liabilities	667.0	810.9
Deferred and noncurrent income taxes	680.1	581.5
Other noncurrent liabilities	1,154.2	1,150.2
Total liabilities	11,976.4	11,786.7
Equity:
Trane Technologies plc shareholders' equity Ordinary shares, $1 par value	253.3	259.7
Treasury Stock, Value	(1,719.4)	(1,719.4)
Retained earnings	8,320.9	8,353.2
Accumulated other comprehensive income (loss)	(766.2)	(637.6)
Total Trane Technologies plc shareholders' equity	6,088.6	6,255.9
Noncontrolling interest	16.6	17.2
Total equity	6,105.2	6,273.1
Total liabilities and equity	$ 18,081.6	$ 18,059.8