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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Income Statement [Abstract]        
Revenues $ 1,861.0 $ 1,738.9 $ 5,336.4 $ 5,054.7
Cost of sales 1,046.0 999.6 2,981.8 2,953.7
Gross Profit 815.0 739.3 2,354.6 2,101.0
Selling and administrative expenses 334.3 315.2 1,012.7 941.9
Amortization of intangible assets 95.0 92.2 277.8 274.3
Other operating expense, net 29.4 13.5 142.8 53.7
Operating Income 356.3 318.4 921.3 831.1
Interest expense 63.8 39.6 151.4 119.3
Loss on extinguishment of debt 0.0 12.6 3.0 13.5
Other income, net (9.5) (7.6) (40.8) (25.4)
Income Before Income Taxes 302.0 273.8 807.7 723.7
Provision for income taxes 73.8 60.3 174.3 168.9
Loss on equity method investments (4.8) (3.9) (19.0) (1.2)
Net Income 223.4 209.6 614.4 553.6
Less: Net income attributable to noncontrolling interests 1.8 1.3 5.6 4.7
Net Income Attributable to Ingersoll Rand Inc. $ 221.6 $ 208.3 $ 608.8 $ 548.9
Basic earnings per share (in usd per share) $ 0.55 $ 0.51 $ 1.51 $ 1.36
Diluted earnings per share (in usd per share) $ 0.54 $ 0.51 $ 1.49 $ 1.34