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CONSOLIDATED STATEMENTS OF STOCKHOLDERS' EQUITY - USD ($)
$ in Millions
Total
Total Ingersoll Rand Inc. Stockholders’ Equity
Common Stock
Capital in Excess of Par Value
Retained Earnings (Accumulated Deficit)
Accumulated Other Comprehensive Income (Loss)
Treasury Stock
Noncontrolling Interests
Balance at beginning of period (shares) at Dec. 31, 2020     420,100,000          
Balance at beginning of period at Dec. 31, 2020 $ 9,189.5 $ 9,119.7 $ 4.2 $ 9,310.3 $ (175.7) $ 14.2 $ (33.3) $ 69.8
Increase (Decrease) in Stockholders' Equity [Roll Forward]                
Net income 565.0 562.5     562.5     2.5
Dividends declared (8.2) (8.2)     (8.2)      
Issuance of common stock for stock-based compensation plans (in shares)     3,700,000          
Issuance of common stock for stock-based compensation plans 20.4 20.4 $ 0.1 20.3        
Purchases of treasury stock (736.8) (736.8)         (736.8)  
Issuance of treasury stock for stock-based compensation plans 1.8 1.8   (19.9)     21.7  
Stock-based compensation 97.9 97.9   97.9        
Other comprehensive loss, net of tax (56.6) (54.3)       (54.3)   (2.3)
Divestiture of foreign subsidiaries (1.5) (1.5)       (1.5)    
Dividends attributable to noncontrolling interests (0.3)             (0.3)
Balance at end of period (shares) at Dec. 31, 2021     423,800,000          
Balance at end 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 608.5 604.7     604.7     3.8
Dividends declared (32.4) (32.4)     (32.4)      
Issuance of common stock for stock-based compensation plans (in shares)     2,500,000          
Issuance of common stock for stock-based compensation plans 17.3 17.3   17.3        
Purchases of treasury stock (261.1) (261.1)         (261.1)  
Issuance of treasury stock for stock-based compensation plans 2.2 2.2   (22.8)     25.0  
Stock-based compensation 73.7 73.7   73.7        
Other comprehensive loss, net of tax (217.3) (210.1)       (210.1)   (7.2)
Dividends attributable to noncontrolling interests $ (4.9)             (4.9)
Balance at end of period (shares) at Dec. 31, 2022 405,117,710   426,300,000          
Balance at end 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 785.1 778.7     778.7     6.4
Dividends declared (32.4) (32.4)     (32.4)      
Issuance of common stock for stock-based compensation plans (in shares)     2,300,000          
Issuance of common stock for stock-based compensation plans 27.8 27.8   27.8        
Purchases of treasury stock (264.1) (264.1)         (264.1)  
Issuance of treasury stock for stock-based compensation plans 2.8 2.8   (4.9)     7.7  
Stock-based compensation 51.1 51.1   51.1        
Other comprehensive loss, net of tax 25.8 24.1       24.1   1.7
Dividends attributable to noncontrolling interests $ (6.6)             (6.6)
Balance at end of period (shares) at Dec. 31, 2023 403,347,394   428,600,000          
Balance at end of period at Dec. 31, 2023 $ 9,846.7 $ 9,783.8 $ 4.3 $ 9,550.8 $ 1,697.2 $ (227.6) $ (1,240.9) $ 62.9