CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,309.2	$ 2,109.6
Accounts receivable, net of allowance for credit losses of $45.2 and $42.3, respectively	1,018.5	948.6
Inventories	1,013.5	854.2
Other current assets	204.6	186.9
Assets of discontinued operations	9.1	15.6
Total current assets	3,554.9	4,114.9
Property, plant and equipment, net of accumulated depreciation of $384.7 and $357.7, respectively	608.3	648.6
Goodwill	5,872.2	5,981.6
Other intangible assets, net	3,676.9	3,912.7
Deferred tax assets	18.3	28.0
Other assets	490.8	468.7
Total assets	14,221.4	15,154.5
Current liabilities:
Short-term borrowings and current maturities of long-term debt	31.6	38.8
Accounts payable	700.9	670.5
Accrued liabilities	723.7	741.3
Liabilities of discontinued operations	8.6	17.1
Total current liabilities	1,464.8	1,467.7
Long-term debt, less current maturities	2,725.7	3,401.8
Pensions and other postretirement benefits	184.5	195.1
Deferred income taxes	678.3	708.6
Other liabilities	324.1	310.1
Total liabilities	5,377.4	6,083.3
Commitments and contingencies (Note 16)	0.0	0.0
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 424,612,748 and 423,785,571 shares issued as of June 30, 2022 and December 31, 2021, respectively	4.3	4.3
Capital in excess of par value	9,456.9	9,408.6
Retained earnings	604.6	378.6
Accumulated other comprehensive loss	(291.0)	(41.6)
Treasury stock at cost; 21,485,457 and 16,000,364 shares as of June 30, 2022 and December 31, 2021, respectively	(997.9)	(748.4)
Total Ingersoll Rand Inc. stockholders’ equity	8,776.9	9,001.5
Noncontrolling interests	67.1	69.7
Total stockholders’ equity	8,844.0	9,071.2
Total liabilities and stockholders’ equity	$ 14,221.4	$ 15,154.5