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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS (Unaudited) - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2020
Sep. 30, 2019
Sep. 30, 2020
Sep. 30, 2019
Income Statement [Abstract]        
Revenues $ 1,335.2 $ 596.7 $ 3,399.5 $ 1,846.1
Cost of sales 853.2 375.2 2,313.0 1,159.7
Gross Profit 482.0 221.5 1,086.5 686.4
Selling and administrative expenses 245.6 95.3 648.7 323.0
Amortization of intangible assets 114.2 30.4 284.0 92.6
Impairment of intangible assets 19.9 0.0 19.9 0.0
Other operating expense, net 28.0 22.9 178.6 43.1
Operating Income (Loss) 74.3 72.9 (44.7) 227.7
Interest expense 28.8 23.2 86.7 68.0
Loss on extinguishment of debt 0.0 0.0 2.0 0.2
Other income, net (2.6) (0.6) (5.1) (3.1)
Income (Loss) Before Income Taxes 48.1 50.3 (128.3) 162.6
Provision for income taxes 18.2 9.0 55.2 29.2
Net Income (Loss) 29.9 41.3 (183.5) 133.4
Less: Net income attributable to noncontrolling interests 0.4 0.0 1.4 0.0
Net Income (Loss) Attributable to Ingersoll Rand Inc. $ 29.5 $ 41.3 $ (184.9) $ 133.4
Basic income (loss) per share (USD per share) $ 0.07 $ 0.20 $ (0.50) $ 0.66
Diluted income (loss) per share (USD per share) $ 0.07 $ 0.20 $ (0.50) $ 0.64