CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2022	Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 1,459.5	$ 2,109.6
Accounts receivable, net of allowance for credit losses of $47.8 and $42.3, respectively	1,032.3	948.6
Inventories	1,012.5	854.2
Other current assets	240.5	186.9
Assets of discontinued operations	0.0	15.6
Total current assets	3,744.8	4,114.9
Property, plant and equipment, net of accumulated depreciation of $386.9 and $357.7, respectively	587.7	648.6
Goodwill	5,789.0	5,981.6
Other intangible assets, net	3,533.6	3,912.7
Deferred tax assets	17.2	28.0
Other assets	553.3	468.7
Total assets	14,225.6	15,154.5
Current liabilities:
Short-term borrowings and current maturities of long-term debt	32.8	38.8
Accounts payable	698.9	670.5
Accrued liabilities	791.3	741.3
Liabilities of discontinued operations	0.0	17.1
Total current liabilities	1,523.0	1,467.7
Long-term debt, less current maturities	2,720.1	3,401.8
Pensions and other postretirement benefits	178.1	195.1
Deferred income taxes	673.2	708.6
Other liabilities	316.2	310.1
Total liabilities	5,410.6	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; 426,112,396 and 423,785,571 shares issued as of September 30, 2022 and December 31, 2021, respectively	4.3	4.3
Capital in excess of par value	9,462.7	9,408.6
Retained earnings	741.6	378.6
Accumulated other comprehensive loss	(474.0)	(41.6)
Treasury stock at cost; 21,190,495 and 16,000,364 shares as of September 30, 2022 and December 31, 2021, respectively	(983.7)	(748.4)
Total Ingersoll Rand Inc. stockholders’ equity	8,750.9	9,001.5
Noncontrolling interests	64.1	69.7
Total stockholders’ equity	8,815.0	9,071.2
Total liabilities and stockholders’ equity	$ 14,225.6	$ 15,154.5