CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,990.2	$ 2,109.6
Accounts receivable, net of allowance for credit losses of $43.7 and $42.3, respectively	1,013.9	948.6
Inventories	954.9	854.2
Other current assets	217.5	186.9
Assets of discontinued operations	9.5	15.6
Total current assets	4,186.0	4,114.9
Property, plant and equipment, net of accumulated depreciation of $376.0 and $357.7, respectively	635.2	648.6
Goodwill	5,981.4	5,981.6
Other intangible assets, net	3,816.3	3,912.7
Deferred tax assets	19.4	28.0
Other assets	466.5	468.7
Total assets	15,104.8	15,154.5
Current liabilities:
Short-term borrowings and current maturities of long-term debt	40.1	38.8
Accounts payable	701.4	670.5
Accrued liabilities	702.1	741.3
Liabilities of discontinued operations	10.0	17.1
Total current liabilities	1,453.6	1,467.7
Long-term debt, less current maturities	3,375.6	3,401.8
Pensions and other postretirement benefits	189.4	195.1
Deferred income taxes	708.0	708.6
Other liabilities	314.9	310.1
Total liabilities	6,041.5	6,083.3
Commitments and contingencies (Note 16)	0.0	0.0
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 424,454,853 and 423,785,571 shares issued as of March 31, 2022 and December 31, 2021, respectively	4.3	4.3
Capital in excess of par value	9,432.1	9,408.6
Retained earnings	474.1	378.6
Accumulated other comprehensive loss	(71.5)	(41.6)
Treasury stock at cost; 18,051,035 and 16,000,364 shares as of March 31, 2022 and December 31, 2021, respectively	(846.8)	(748.4)
Total Ingersoll Rand Inc. stockholders’ equity	8,992.2	9,001.5
Noncontrolling interests	71.1	69.7
Total stockholders’ equity	9,063.3	9,071.2
Total liabilities and stockholders’ equity	$ 15,104.8	$ 15,154.5