CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2024	Dec. 31, 2023
Current assets:
Cash and cash equivalents	$ 1,062.5	$ 1,595.5
Accounts receivable, net of allowance for credit losses of $56.9 and $53.8, respectively	1,301.4	1,234.2
Inventories	1,160.0	1,001.1
Other current assets	319.3	219.6
Total current assets	3,843.2	4,050.4
Property, plant and equipment, net of accumulated depreciation of $535.0 and $500.8, respectively	830.0	711.4
Goodwill	8,217.1	6,609.7
Other intangible assets, net	4,478.2	3,611.1
Deferred tax assets	29.6	31.5
Other assets	440.4	549.4
Total assets	17,838.5	15,563.5
Current liabilities:
Short-term borrowings and current maturities of long-term debt	4.5	30.6
Accounts payable	748.5	801.2
Accrued liabilities	1,011.6	995.5
Total current liabilities	1,764.6	1,827.3
Long-term debt, less current maturities	4,750.9	2,693.0
Pensions and other postretirement benefits	150.9	150.0
Deferred income tax liabilities	838.2	612.6
Other liabilities	309.7	433.9
Total liabilities	7,814.3	5,716.8
Commitments and contingencies (Note 18)	0.0	0.0
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 430,371,281 and 428,589,061 shares issued as of June 30, 2024 and December 31, 2023, respectively	4.3	4.3
Capital in excess of par value	9,595.3	9,550.8
Retained earnings	2,068.3	1,697.2
Accumulated other comprehensive loss	(340.1)	(227.6)
Treasury stock at cost; 26,595,683 and 25,241,667 shares as of June 30, 2024 and December 31, 2023, respectively	(1,369.6)	(1,240.9)
Total Ingersoll Rand Inc. stockholders’ equity	9,958.2	9,783.8
Noncontrolling interests	66.0	62.9
Total stockholders’ equity	10,024.2	9,846.7
Total liabilities and stockholders’ equity	$ 17,838.5	$ 15,563.5