XML 15 R4.htm IDEA: XBRL DOCUMENT v3.23.3
CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Sep. 30, 2023
Dec. 31, 2022
Current assets:    
Cash and cash equivalents $ 1,197.5 $ 1,613.0
Accounts receivable, net of allowance for credit losses of $53.1 and $47.2, respectively 1,216.1 1,122.0
Inventories 1,082.9 1,025.4
Other current assets 236.9 206.9
Total current assets 3,733.4 3,967.3
Property, plant and equipment, net of accumulated depreciation of $472.7 and $417.4, respectively 685.8 624.4
Goodwill 6,489.8 6,064.2
Other intangible assets, net 3,673.0 3,578.6
Deferred tax assets 22.3 22.3
Other assets 549.7 509.1
Total assets 15,154.0 14,765.9
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 33.9 36.5
Accounts payable 663.1 778.7
Accrued liabilities 957.7 858.8
Total current liabilities 1,654.7 1,674.0
Long-term debt, less current maturities 2,699.3 2,716.1
Pensions and other postretirement benefits 145.0 147.2
Deferred income taxes 630.1 610.6
Other liabilities 405.1 360.8
Total liabilities 5,534.2 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; 428,208,898 and 426,327,805 shares issued as of September 30, 2023 and December 31, 2022, respectively 4.3 4.3
Capital in excess of par value 9,527.1 9,476.8
Retained earnings 1,475.5 950.9
Accumulated other comprehensive loss (341.6) (251.7)
Treasury stock at cost; 23,412,443 and 21,210,095 shares as of September 30, 2023 and December 31, 2022, respectively (1,111.3) (984.5)
Total Ingersoll Rand Inc. stockholders’ equity 9,554.0 9,195.8
Noncontrolling interests 65.8 61.4
Total stockholders’ equity 9,619.8 9,257.2
Total liabilities and stockholders’ equity $ 15,154.0 $ 14,765.9