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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total Ingersoll Rand Inc. Stockholders’ Equity
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Noncontrolling Interests
Balance at beginning of period (in shares) at Dec. 31, 2022     426.3          
Balance at beginning of period at Dec. 31, 2022 $ 9,257.2 $ 9,195.8 $ 4.3 $ 9,476.8 $ 950.9 $ (251.7) $ (984.5) $ 61.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 344.0 340.6     340.6     3.4
Dividends declared (16.2) (16.2)     (16.2)      
Issuance of common stock for stock-based compensation plans (in shares)     1.5          
Issuance of common stock for stock-based compensation plans 13.7 13.7   13.7        
Purchases of treasury stock (133.2) (133.2)         (133.2)  
Issuance of treasury stock for stock-based compensation plans 2.2 2.2   (3.6)     5.8  
Stock-based compensation 23.4 23.4   23.4        
Other comprehensive income (loss), net of tax (10.7) (11.5)       (11.5)   0.8
Balance at end of period (in shares) at Jun. 30, 2023     427.8          
Balance at end of period at Jun. 30, 2023 9,480.4 9,414.8 $ 4.3 9,510.3 1,275.3 (263.2) (1,111.9) 65.6
Balance at beginning of period (in shares) at Mar. 31, 2023     427.5          
Balance at beginning of period at Mar. 31, 2023 9,381.7 9,317.3 $ 4.3 9,493.6 1,103.9 (226.4) (1,058.1) 64.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 180.8 179.5     179.5     1.3
Dividends declared (8.1) (8.1)     (8.1)      
Issuance of common stock for stock-based compensation plans (in shares)     0.3          
Issuance of common stock for stock-based compensation plans 5.0 5.0   5.0        
Purchases of treasury stock (56.2) (56.2)         (56.2)  
Issuance of treasury stock for stock-based compensation plans 2.1 2.1   (0.3)     2.4  
Stock-based compensation 12.0 12.0   12.0        
Other comprehensive income (loss), net of tax (36.9) (36.8)       (36.8)   (0.1)
Balance at end of period (in shares) at Jun. 30, 2023     427.8          
Balance at end of period at Jun. 30, 2023 9,480.4 9,414.8 $ 4.3 9,510.3 1,275.3 (263.2) (1,111.9) 65.6
Balance at beginning of period (in shares) at Dec. 31, 2023     428.6          
Balance at beginning of period at Dec. 31, 2023 9,846.7 9,783.8 $ 4.3 9,550.8 1,697.2 (227.6) (1,240.9) 62.9
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 391.0 387.2     387.2     3.8
Dividends declared (16.1) (16.1)     (16.1)      
Issuance of common stock for stock-based compensation plans (in shares)     1.8          
Issuance of common stock for stock-based compensation plans 21.3 21.3   21.3        
Purchases of treasury stock (135.5) (135.5)         (135.5)  
Issuance of treasury stock for stock-based compensation plans 1.4 1.4   (5.4)     6.8  
Stock-based compensation 28.6 28.6   28.6        
Other comprehensive income (loss), net of tax (113.2) (112.5)       (112.5)   (0.7)
Balance at end of period (in shares) at Jun. 30, 2024     430.4          
Balance at end of period at Jun. 30, 2024 10,024.2 9,958.2 $ 4.3 9,595.3 2,068.3 (340.1) (1,369.6) 66.0
Balance at beginning of period (in shares) at Mar. 31, 2024     429.7          
Balance at beginning of period at Mar. 31, 2024 9,919.7 9,855.3 $ 4.3 9,569.8 1,891.3 (302.6) (1,307.5) 64.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 186.5 185.0     185.0     1.5
Dividends declared (8.0) (8.0)     (8.0)      
Issuance of common stock for stock-based compensation plans (in shares)     0.7          
Issuance of common stock for stock-based compensation plans 11.2 11.2   11.2        
Purchases of treasury stock (62.6) (62.6)         (62.6)  
Issuance of treasury stock for stock-based compensation plans 0.3 0.3   (0.2)     0.5  
Stock-based compensation 14.5 14.5   14.5        
Other comprehensive income (loss), net of tax (37.4) (37.5)       (37.5)   0.1
Balance at end of period (in shares) at Jun. 30, 2024     430.4          
Balance at end of period at Jun. 30, 2024 $ 10,024.2 $ 9,958.2 $ 4.3 $ 9,595.3 $ 2,068.3 $ (340.1) $ (1,369.6) $ 66.0