CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2021	Dec. 31, 2020
Current assets
Cash and cash equivalents	$ 2,109.6	$ 1,750.9
Accounts receivable, net of allowance for credit losses of $42.3 and $50.9, respectively	948.6	861.8
Inventories	854.2	716.7
Other current assets	186.9	195.3
Assets of discontinued operations - current	15.6	337.4
Total current assets	4,114.9	3,862.1
Property, plant and equipment, net of accumulated depreciation of $357.7 and $291.1, respectively	648.6	609.0
Goodwill	5,981.6	5,582.6
Other intangible assets, net	3,912.7	3,797.2
Deferred tax assets	28.0	15.6
Other assets	468.7	329.3
Assets of discontinued operations - long-term	0.0	1,862.8
Total assets	15,154.5	16,058.6
Current liabilities
Short-term borrowings and current maturities of long-term debt	38.8	40.4
Accounts payable	670.5	536.4
Accrued liabilities	741.3	708.9
Liabilities of discontinued operations - current	17.1	212.9
Total current liabilities	1,467.7	1,498.6
Long-term debt, less current maturities	3,401.8	3,859.1
Pensions and other postretirement benefits	195.1	272.5
Deferred income taxes	708.6	702.4
Other liabilities	310.1	343.7
Liabilities of discontinued operations - long-term	0.0	192.8
Total liabilities	6,083.3	6,869.1
Commitments and contingencies
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 423,785,571 and 420,123,978 shares issued as of December 31, 2021 and 2020, respectively	4.3	4.2
Capital in excess of par value	9,408.6	9,310.3
Retained earnings (accumulated deficit)	378.6	(175.7)
Accumulated other comprehensive income (loss)	(41.6)	14.2
Treasury stock at cost; 16,000,364 and 1,496,169 shares as of December 31, 2021 and 2020, respectively	(748.4)	(33.3)
Total Ingersoll Rand Inc. stockholders’ equity	9,001.5	9,119.7
Noncontrolling interests	69.7	69.8
Total equity	9,071.2	9,189.5
Total liabilities and equity	$ 15,154.5	$ 16,058.6