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CONDENSED CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
shares in Millions, $ in Millions
Total
Total Ingersoll Rand Inc. Stockholders’ Equity
Common Stock
Capital in Excess of Par Value
Retained Earnings
Accumulated Other Comprehensive Loss
Treasury Stock
Noncontrolling Interests
Balance at beginning of period (in shares) at Dec. 31, 2021     423.8          
Balance at beginning of period at Dec. 31, 2021 $ 9,071.2 $ 9,001.5 $ 4.3 $ 9,408.6 $ 378.6 $ (41.6) $ (748.4) $ 69.7
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 243.8 242.2     242.2     1.6
Dividends declared (16.2) (16.2)     (16.2)      
Issuance of common stock for stock-based compensation plans (in shares)     0.8          
Issuance of common stock for stock-based compensation plans 7.9 7.9   7.9        
Purchases of treasury stock (253.7) (253.7)         (253.7)  
Issuance of treasury stock for stock-based compensation plans 1.0 1.0   (3.2)     4.2  
Stock-based compensation 43.6 43.6   43.6        
Other comprehensive income (loss), net of tax (253.6) (249.4)       (249.4)   (4.2)
Balance at end of period (in shares) at Jun. 30, 2022     424.6          
Balance at end of period at Jun. 30, 2022 8,844.0 8,776.9 $ 4.3 9,456.9 604.6 (291.0) (997.9) 67.1
Balance at beginning of period (in shares) at Mar. 31, 2022     424.5          
Balance at beginning of period at Mar. 31, 2022 9,063.3 8,992.2 $ 4.3 9,432.1 474.1 (71.5) (846.8) 71.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 139.3 138.5     138.5     0.8
Dividends declared (8.0) (8.0)     (8.0)      
Issuance of common stock for stock-based compensation plans (in shares)     0.1          
Issuance of common stock for stock-based compensation plans 3.4 3.4   3.4        
Purchases of treasury stock (152.6) (152.6)         (152.6)  
Issuance of treasury stock for stock-based compensation plans 0.3 0.3   (1.2)     1.5  
Stock-based compensation 22.6 22.6   22.6        
Other comprehensive income (loss), net of tax (224.3) (219.5)       (219.5)   (4.8)
Balance at end of period (in shares) at Jun. 30, 2022     424.6          
Balance at end of period at Jun. 30, 2022 8,844.0 8,776.9 $ 4.3 9,456.9 604.6 (291.0) (997.9) 67.1
Balance at beginning of period (in shares) at Dec. 31, 2022     426.3          
Balance at beginning of period at Dec. 31, 2022 9,257.2 9,195.8 $ 4.3 9,476.8 950.9 (251.7) (984.5) 61.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 344.0 340.6     340.6     3.4
Dividends declared (16.2) (16.2)     (16.2)      
Issuance of common stock for stock-based compensation plans (in shares)     1.5          
Issuance of common stock for stock-based compensation plans 13.7 13.7   13.7        
Purchases of treasury stock (133.2) (133.2)         (133.2)  
Issuance of treasury stock for stock-based compensation plans 2.2 2.2   (3.6)     5.8  
Stock-based compensation 23.4 23.4   23.4        
Other comprehensive income (loss), net of tax (10.7) (11.5)       (11.5)   0.8
Balance at end of period (in shares) at Jun. 30, 2023     427.8          
Balance at end of period at Jun. 30, 2023 9,480.4 9,414.8 $ 4.3 9,510.3 1,275.3 (263.2) (1,111.9) 65.6
Balance at beginning of period (in shares) at Mar. 31, 2023     427.5          
Balance at beginning of period at Mar. 31, 2023 9,381.7 9,317.3 $ 4.3 9,493.6 1,103.9 (226.4) (1,058.1) 64.4
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 180.8 179.5     179.5     1.3
Dividends declared (8.1) (8.1)     (8.1)      
Issuance of common stock for stock-based compensation plans (in shares)     0.3          
Issuance of common stock for stock-based compensation plans 5.0 5.0   5.0        
Purchases of treasury stock (56.2) (56.2)         (56.2)  
Issuance of treasury stock for stock-based compensation plans 2.1 2.1   (0.3)     2.4  
Stock-based compensation 12.0 12.0   12.0        
Other comprehensive income (loss), net of tax (36.9) (36.8)       (36.8)   (0.1)
Balance at end of period (in shares) at Jun. 30, 2023     427.8          
Balance at end of period at Jun. 30, 2023 $ 9,480.4 $ 9,414.8 $ 4.3 $ 9,510.3 $ 1,275.3 $ (263.2) $ (1,111.9) $ 65.6