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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Sep. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 1,313.3 $ 505.5
Accounts receivable, net of allowance for doubtful accounts of $66.5 and $18.4, respectively 934.6 459.1
Inventories 1,007.4 502.5
Other current assets 204.5 76.8
Total current assets 3,459.8 1,543.9
Property, plant and equipment, net of accumulated depreciation of $361.9 and $298.4, respectively 807.9 326.6
Goodwill 6,205.7 1,287.7
Other intangible assets, net 4,783.9 1,255.0
Deferred tax assets 9.6 3.0
Other assets 343.6 212.2
Total assets 15,610.5 4,628.4
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 40.1 7.6
Accounts payable 624.7 322.9
Accrued liabilities 761.0 244.1
Total current liabilities 1,425.8 574.6
Long-term debt, less current maturities 3,837.2 1,603.8
Pensions and other postretirement benefits 275.4 99.7
Deferred income taxes 905.2 251.0
Other liabilities 337.0 229.4
Total liabilities 6,780.6 2,758.5
Commitments and contingencies (Note 15) 0.0 0.0
Stockholders’ equity    
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 419,174,020 and 206,767,529 shares issued as of September 30, 2020 and December 31, 2019, respectively 4.2 2.1
Capital in excess of par value 9,277.0 2,302.0
Accumulated deficit (327.3) (141.4)
Accumulated other comprehensive loss (147.4) (256.0)
Treasury stock at cost; 1,590,299 and 1,701,785 shares as of September 30, 2020 and December 31, 2019, respectively (34.8) (36.8)
Total Ingersoll Rand Inc. stockholders’ equity 8,771.7 1,869.9
Noncontrolling interests 58.2 0.0
Total stockholders’ equity 8,829.9 1,869.9
Total liabilities and stockholders’ equity $ 15,610.5 $ 4,628.4