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CONDENSED CONSOLIDATED BALANCE SHEETS (Unaudited) - USD ($)
$ in Millions
Jun. 30, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 3,669.9 $ 1,750.9
Accounts receivable, net of allowance for credit losses of $49.3 and $50.9, respectively 935.8 861.8
Inventories 796.8 716.7
Other current assets 236.2 195.3
Assets of discontinued operations - current 73.7 337.4
Total current assets 5,712.4 3,862.1
Property, plant and equipment, net of accumulated depreciation of $326.8 and $291.1, respectively 607.2 609.0
Goodwill 5,637.0 5,582.6
Other intangible assets, net 3,725.5 3,797.2
Deferred tax assets 21.2 15.6
Other assets 473.4 329.3
Assets of discontinued operations - long-term 0.0 1,862.8
Total assets 16,176.7 16,058.6
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 40.7 40.4
Accounts payable 660.8 536.4
Accrued liabilities 1,053.6 708.9
Liabilities of discontinued operations - current 67.9 212.9
Total current liabilities 1,823.0 1,498.6
Long-term debt, less current maturities 3,823.3 3,859.1
Pensions and other postretirement benefits 255.7 272.5
Deferred income taxes 624.5 702.4
Other liabilities 303.8 343.7
Liabilities of discontinued operations - long-term 0.0 192.8
Total liabilities 6,830.3 6,869.1
Commitments and contingencies (Note 16) 0.0 0.0
Stockholders’ equity    
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 421,545,797 and 420,123,978 shares issued as of June 30, 2021 and December 31, 2020, respectively 4.2 4.2
Capital in excess of par value 9,376.0 9,310.3
Accumulated deficit (32.2) (175.7)
Accumulated other comprehensive income (loss) (35.5) 14.2
Treasury stock at cost; 1,479,039 and 1,496,169 shares as of June 30, 2021 and December 31, 2020, respectively (34.6) (33.3)
Total Ingersoll Rand Inc. stockholders’ equity 9,277.9 9,119.7
Noncontrolling interests 68.5 69.8
Total stockholders’ equity 9,346.4 9,189.5
Total liabilities and stockholders’ equity $ 16,176.7 $ 16,058.6