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Consolidated Statements of Comprehensive Income - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2017
Other comprehensive income (loss)      
Net revenues $ 16,598.9 $ 15,668.2 $ 14,197.6
Cost of goods sold (11,451.5) (10,847.6) (9,811.6)
Selling and administrative expenses (3,129.8) (2,903.2) (2,720.7)
Operating income (loss) 2,017.6 1,917.4 1,665.3
Interest expense (243.0) (220.7) (215.8)
Other, net (33.0) (36.4) (31.6)
Earnings (loss) before income taxes 1,741.6 1,660.3 1,417.9
Benefit (provision) for income taxes (353.7) (281.3) (80.2)
Earnings (loss) from continuing operations 1,387.9 1,379.0 1,337.7
Discontinued operations, net of tax 40.6 (21.5) (25.4)
Net earnings 1,428.5 1,357.5 1,312.3
Less: Net earnings attributable to noncontrolling interests (17.6) (19.9) (9.7)
Net earnings (loss) attributable to Ingersoll-Rand plc 1,410.9 1,337.6 1,302.6
Amounts attributable to Ingersoll-Rand plc ordinary shareholders:      
Continuing operations 1,370.3 1,359.1 1,328.0
Discontinued operations 40.6 (21.5) (25.4)
Net earnings (loss) attributable to Ingersoll-Rand plc $ 1,410.9 $ 1,337.6 $ 1,302.6
Basic:      
Continuing operations $ 5.67 $ 5.50 $ 5.21
Discontinued operations 0.17 (0.09) (0.10)
Net earnings 5.84 5.41 5.11
Diluted:      
Continuing operations 5.61 5.43 5.14
Discontinued operations 0.16 (0.08) (0.09)
Net earnings $ 5.77 $ 5.35 $ 5.05
Statements of Comprehensive Income      
Net earnings $ 1,428.5 $ 1,357.5 $ 1,312.3
Currency translation (37.1) (230.6) 450.3
Cash flow hedges and marketable securities unrealized net gains (losses) arising during period (2.7) 1.2 (1.8)
Cash flow hedges and marketable securities net gains (losses) reclassified into earnings 0.7 0.9 3.6
Cash flow hedges and marketable securities tax (expense) benefit 0.9 (0.1) 0.0
Total cash flow hedges and marketable securities net of tax (1.1) 2.0 1.8
Pension and OPEB adjustments prior service gains (costs) for the period (5.7) (16.0) (3.8)
Pension and OPEB adjustments net actuarial gains (losses) for the period (41.9) 12.8 39.6
Pension and OPEB adjustments amortization reclassified to earnings 48.1 50.7 52.1
Pension and OPEB adjustments settlements and curtailments reclassified to earnings 2.2 2.5 7.7
Pension and OPEB adjustments currency translation and other (1.4) 7.5 (15.4)
Pension and OPEB adjustments tax (expense) benefit (4.7) (17.2) (20.1)
Total pension and OPEB adjustments, net of tax (3.4) 40.3 60.1
Other comprehensive income (loss), net of tax (41.6) (188.3) 512.2
Total comprehensive income (loss), net of tax 1,386.9 1,169.2 1,824.5
Total comprehensive (income) loss attributable to noncontrolling interests (18.5) (16.9) (10.2)
Total comprehensive income (loss) attributable to Ingersoll-Rand plc $ 1,368.4 $ 1,152.3 $ 1,814.3