CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,119.3	$ 1,613.0
Accounts receivable, net of allowance for credit losses of $51.0 and $47.2, respectively	1,243.6	1,122.0
Inventories	1,122.6	1,025.4
Other current assets	186.9	206.9
Total current assets	3,672.4	3,967.3
Property, plant and equipment, net of accumulated depreciation of $443.0 and $417.4, respectively	648.8	624.4
Goodwill	6,385.9	6,064.2
Other intangible assets, net	3,739.1	3,578.6
Deferred tax assets	23.5	22.3
Other assets	525.3	509.1
Total assets	14,995.0	14,765.9
Current liabilities:
Short-term borrowings and current maturities of long-term debt	33.9	36.5
Accounts payable	730.9	778.7
Accrued liabilities	935.3	858.8
Total current liabilities	1,700.1	1,674.0
Long-term debt, less current maturities	2,708.8	2,716.1
Pensions and other postretirement benefits	145.9	147.2
Deferred income taxes	677.1	610.6
Other liabilities	381.4	360.8
Total liabilities	5,613.3	5,508.7
Commitments and contingencies (Note 18)	0.0	0.0
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 427,478,622 and 426,327,805 shares issued as of March 31, 2023 and December 31, 2022, respectively	4.3	4.3
Capital in excess of par value	9,493.6	9,476.8
Retained earnings	1,103.9	950.9
Accumulated other comprehensive loss	(226.4)	(251.7)
Treasury stock at cost; 22,482,040 and 21,210,095 shares as of March 31, 2023 and December 31, 2022, respectively	(1,058.1)	(984.5)
Total Ingersoll Rand Inc. stockholders’ equity	9,317.3	9,195.8
Noncontrolling interests	64.4	61.4
Total stockholders’ equity	9,381.7	9,257.2
Total liabilities and stockholders’ equity	$ 14,995.0	$ 14,765.9