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Equity (Narrative) (Details)
$ / shares in Units, $ in Millions
 1 Months Ended 3 Months Ended 12 Months Ended
Jan. 31, 2024
USD ($)
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2023
USD ($)
$ / shares
shares
Dec. 31, 2022
USD ($)
$ / shares
shares
Dec. 31, 2021
USD ($)
Dec. 31, 2023
€ / shares
Feb. 28, 2022
USD ($)
Feb. 01, 2022
USD ($)
Feb. 28, 2021
USD ($)
Authorized share capital | shares   1,185,040,000 1,185,040,000            
Ordinary shares, par value, in dollars or euros per share, as stated | $ / shares   $ 1.00 $ 1.00 $ 1.00          
Preference shares, par value, in dollars per share | $ / shares   $ 0.001 $ 0.001            
Stock Repurchased During Period, Value     $ 669.0            
Common Stock, Shares, Outstanding | shares   251,700,000 251,700,000 253,300,000          
Common Stock, Shares, Outstanding | shares   251,700,000 251,700,000 253,300,000          
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Accumulated other comprehensive income (loss)   $ (670.8) $ (670.8) $ (766.2) $ (637.6)        
Stockholders' Equity Note, Spinoff Transaction       $ (18.9) (49.0)        
Shareholders' Equity     EQUITY
The authorized share capital of Trane Technologies plc is 1,185,040,000 shares, consisting of (1) 1,175,000,000 ordinary shares, par value $1.00 per share, (2) 40,000 ordinary shares, par value EUR 1.00 and (3) 10,000,000 preference shares, par value $0.001 per share. There were no Euro-denominated ordinary shares or preference shares outstanding at December 31, 2023 or 2022.
The changes in ordinary shares and treasury shares for the year ended December 31, 2023 were as follows:
In millionsOrdinary shares issuedOrdinary shares held in treasury
December 31, 2022253.3 24.5 
Shares issued under incentive plans1.7 — 
Repurchase of ordinary shares
(3.3)— 
December 31, 2023251.7 24.5 
Share repurchases are made from time to time in accordance with management's capital allocation strategy, subject to market conditions and regulatory requirements. Shares acquired and canceled upon repurchase are accounted for as a reduction of Ordinary Shares and Capital in excess of par value, or Retained earnings to the extent Capital in excess of par value is exhausted. Shares acquired and held in treasury are presented separately on the balance sheet as a reduction to Equity and recognized at cost.
In February 2022, the Company's Board of Directors authorized a share repurchase program of up to $3.0 billion of its ordinary shares (2022 Authorization) upon the completion of its $2.0 billion ordinary share repurchase program authorized in 2021 (2021 Authorization). During the year ended December 31, 2023, the Company repurchased and canceled approximately $669 million of its ordinary shares, thus completing the 2021 Authorization and initiating repurchases under the 2022 Authorization of approximately $469 million of its ordinary shares, leaving $2.5 billion remaining. Additionally, through January 31, 2024 the Company repurchased approximately $81 million of its ordinary shares under the 2022 Authorization.
Accumulated Other Comprehensive Income (Loss)
The changes in Accumulated other comprehensive income (loss) were as follows:
In millionsDerivative InstrumentsPension and OPEB ItemsForeign Currency TranslationTotal
December 31, 2021$7.1 $(297.9)$(346.8)$(637.6)
Other comprehensive income (loss) attributable to Trane Technologies plc(11.6)83.8 (200.8)(128.6)
December 31, 2022$(4.5)$(214.1)$(547.6)$(766.2)
Other comprehensive income (loss) attributable to Trane Technologies plc7.5 15.2 72.7 95.4 
December 31, 2023$3.0 $(198.9)$(474.9)$(670.8)
The amounts of Other comprehensive income (loss) attributable to noncontrolling interests for 2023, 2022 and 2021 were $(0.2) million, $(1.9) million and $(1.7) million, respectively, related to currency translation. Additionally, Other comprehensive income (loss) attributable to noncontrolling interests for 2023, 2022, and 2021 includes $0.5 million, $0.3 million, and $1.2 million, respectively, related to pension and postretirement obligation adjustments.
            
2021 Authorization [Domain]                  
Stock Repurchase Program, Authorized Amount                 $ 2,000.0
2022 Authorization [Domain]                  
Stock Repurchase Program, Authorized Amount             $ 3,000.0 $ 3,000.0  
Stock Repurchased During Period, Value   209.0 $ 469.0            
Stock Repurchase Program, Remaining Authorized Repurchase Amount   $ 2,500.0 $ 2,500.0            
Subsequent Event [Member] | 2022 Authorization [Domain]                  
Stock Repurchased During Period, Value $ 81.0                
Ordinary shares [Member]                  
Number of ordinary shares | shares   1,175,000,000 1,175,000,000            
Preferred Stock [Member]                  
Number of preference shares | shares   10,000,000 10,000,000            
Preferred Stock, Shares Outstanding | shares   0 0 0          
Preferred Stock, Shares Outstanding | shares   0 0 0          
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]                  
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Accumulated other comprehensive income (loss)   $ 3.0 $ 3.0 $ (4.5) 7.1        
Accumulated Defined Benefit Plans Adjustment Attributable to Parent [Member]                  
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Accumulated other comprehensive income (loss)   (198.9) (198.9) (214.1) (297.9)        
Other comprehensive income (loss), net of tax     15.2 83.8          
Accumulated Foreign Currency Adjustment Attributable to Parent                  
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Accumulated other comprehensive income (loss)   $ (474.9) (474.9) (547.6) (346.8)        
Other comprehensive income (loss), net of tax     72.7 (200.8)          
Accumulated other comprehensive income (loss) [Member]                  
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Other comprehensive income (loss), net of tax     95.4 (128.6)          
Stockholders' Equity Note, Spinoff Transaction       0.0 0.0        
Noncontrolling interest [Member]                  
Other Comprehensive Income (Loss), Foreign Currency Translation Adjustment, Tax, Portion Attributable to Noncontrolling Interest     (0.2) (1.9) (1.7)        
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Stockholders' Equity Note, Spinoff Transaction       0.0 $ 0.0        
Accumulated Gain (Loss), Net, Cash Flow Hedge, Parent                  
Accumulated Other Comprehensive Income (Loss) [Line Items]                  
Other comprehensive income (loss), net of tax     $ 7.5 $ (11.6)          
Euro Member Countries, Euro                  
Number of ordinary shares | shares   40,000 40,000            
Ordinary shares, par value, in dollars or euros per share, as stated | € / shares           € 1.00      
Common Stock, Shares, Outstanding | shares   0 0 0          
Common Stock, Shares, Outstanding | shares   0 0 0