CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 1,178.1	$ 1,613.0
Accounts receivable, net of allowance for credit losses of $51.2 and $47.2, respectively	1,219.8	1,122.0
Inventories	1,101.3	1,025.4
Other current assets	227.8	206.9
Total current assets	3,727.0	3,967.3
Property, plant and equipment, net of accumulated depreciation of $464.7 and $417.4, respectively	645.7	624.4
Goodwill	6,427.2	6,064.2
Other intangible assets, net	3,659.8	3,578.6
Deferred tax assets	23.5	22.3
Other assets	545.4	509.1
Total assets	15,028.6	14,765.9
Current liabilities:
Short-term borrowings and current maturities of long-term debt	31.3	36.5
Accounts payable	669.2	778.7
Accrued liabilities	923.6	858.8
Total current liabilities	1,624.1	1,674.0
Long-term debt, less current maturities	2,698.5	2,716.1
Pensions and other postretirement benefits	146.5	147.2
Deferred income taxes	663.5	610.6
Other liabilities	415.6	360.8
Total liabilities	5,548.2	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; 427,778,062 and 426,327,805 shares issued as of June 30, 2023 and December 31, 2022, respectively	4.3	4.3
Capital in excess of par value	9,510.3	9,476.8
Retained earnings	1,275.3	950.9
Accumulated other comprehensive loss	(263.2)	(251.7)
Treasury stock at cost; 23,410,937 and 21,210,095 shares as of June 30, 2023 and December 31, 2022, respectively	(1,111.9)	(984.5)
Total Ingersoll Rand Inc. stockholders’ equity	9,414.8	9,195.8
Noncontrolling interests	65.6	61.4
Total stockholders’ equity	9,480.4	9,257.2
Total liabilities and stockholders’ equity	$ 15,028.6	$ 14,765.9