Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Cash

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- Definition

Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Current Assets, Receivables

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Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Current Liabilities

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Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Deferred Tax Liabilities

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Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Goodwill

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Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Noncurrent Liabilities, Other

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- Definition

Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Current Assets

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Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustment, Other Noncurrent Assets

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- Definition

The total fair value of shares issued of pre-merger services during the period under a deferred compensation arrangement.

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Amount of fair value attributable to pre-merger service for replacement equity awards during the period.

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Number of shares of equity interests issued or issuable to acquire entity.

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This element represents the fair value of the noncontrolling interest in the acquiree at the acquisition date.

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Amount of consideration transferred, consisting of acquisition-date fair value of assets transferred by the acquirer, liabilities incurred by the acquirer, and equity interest issued by the acquirer.

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This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to intangibles acquired in connection with a business combination for which the initial accounting was incomplete.

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- Definition

This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to inventory acquired in connection with a business combination for which the initial accounting was incomplete.

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- Definition

This element represents the amount of any measurement period adjustment (as defined) realized during the reporting period to property, plant, and equipment acquired in connection with a business combination for which the initial accounting was incomplete.

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- Definition

Amount of currency on hand as well as demand deposits with banks or financial institutions, acquired at the acquisition date. Includes other kinds of accounts that have the general characteristics of demand deposits. Also includes short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.

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- Definition

Amount of other assets expected to be realized or consumed before one year or the normal operating cycle, if longer, acquired at the acquisition date.

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- Definition

Amount due from customers or clients for goods or services, including trade receivables, that have been delivered or sold in the normal course of business, and amounts due from others, including related parties expected to be converted to cash, sold or exchanged within one year or the normal operating cycle, if longer, acquired at the acquisition date.

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Amount of liabilities due within one year or within the normal operating cycle, if longer, assumed at the acquisition date.

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Amount of long-term debt due within one year or within the normal operating cycle, if longer, assumed at the acquisition date.

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Amount of deferred tax liability attributable to taxable temporary differences assumed at the acquisition date.

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The amount of identifiable intangible assets recognized as of the acquisition date.

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The amount of inventory recognized as of the acquisition date.

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Amount of long-term debt due after one year or the normal operating cycle, if longer, assumed at the acquisition date.

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Amount of other liabilities due after one year or the normal operating cycle, if longer, assumed at the acquisition date.

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Amount of other assets expected to be realized or consumed after one year or the normal operating cycle, if longer, acquired at the acquisition date.

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The amount of property, plant, and equipment recognized as of the acquisition date.

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Amount recognized as of the acquisition date for the assets, including goodwill, in excess of (less than) the aggregate liabilities assumed, less the noncontrolling interest in the acquiree.

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Fair value of equity issued in a business combination.

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Amount after accumulated impairment loss of an asset representing future economic benefits arising from other assets acquired in a business combination that are not individually identified and separately recognized.

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Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction.

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Business Combinations - Preliminary Purchase Price Allocation (Details) - USD ($) $ / shares in Units, $ in Millions				10 Months Ended
	Dec. 31, 2020	Feb. 29, 2020	Feb. 28, 2020	Dec. 31, 2020	Dec. 31, 2019	Dec. 31, 2018
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]
Property, plant and equipment		$ 516.5
Goodwill	$ 6,303.6			$ 6,303.6	$ 1,287.7	$ 1,289.5
Ingersoll Rand Industrial
Purchase Price [Abstract]
Fair value of common stock	6,919.5	6,919.5		6,919.5
Fair value attributable to pre-merger service for replacement equity awards	8.6	8.6
Fair value attributable to pre-merger service for deferred compensation plan	8.9	8.9
Business Combination, Recognized Identifiable Assets Acquired, Goodwill, and Liabilities Assumed, Less Noncontrolling Interest [Abstract]
Total purchase consideration	6,937.0	6,937.0
Cash	38.8	41.3		38.8
Accounts receivable	588.4	579.9		588.4
Inventories	626.9	576.2		626.9
Other current assets	87.2	136.9		87.2
Property, plant and equipment	516.5	520.0		516.5
Goodwill	4,885.9	4,278.2		4,885.9
Intangible assets	3,766.6	4,501.3		3,766.6
Other noncurrent assets	270.9	269.8		270.9
Total current liabilities, including current maturities of long-term debt of $19.0 million	(752.5)	(830.6)		(752.5)
Deferred tax liability	(833.7)	(900.6)		(833.7)
Long-term debt, net of debt issuance costs and an original issue discount	(1,851.7)	(1,851.7)		(1,851.7)
Other noncurrent liabilities	(333.0)	(310.4)		(333.0)
Noncontrolling interest	(73.3)	(73.3)		(73.3)
Total purchase price allocation	$ 6,937.0	6,937.0		6,937.0
Business Combination, Provisional Information, Initial Accounting Incomplete, Adjustments [Abstract]
Cash				(2.5)
Accounts receivable				8.5
Inventories				50.7
Other current assets				(49.7)
Property, plant and equipment				(3.5)
Goodwill				607.7
Intangible assets				(734.7)
Other noncurrent assets				1.1
Total current liabilities, including current maturities of long-term debt of $19.0 million				78.1
Deferred tax liability				66.9
Other noncurrent liabilities				$ (22.6)
Current maturities of long-term debt acquired		$ 19.0
Fair value of stock issued (shares)			211,023,522
Closing price per share (USD per share)			$ 32.79