CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2025	Dec. 31, 2024
Current assets:
Cash and cash equivalents	$ 1,612.8	$ 1,541.2
Accounts receivable, net of allowance for credit losses of $63.0 and $57.3, respectively	1,348.3	1,335.4
Inventories	1,133.0	1,055.0
Other current assets	257.6	231.9
Total current assets	4,351.7	4,163.5
Property, plant and equipment, net of accumulated depreciation of $606.2 and $567.5, respectively	852.9	842.1
Goodwill	8,339.1	8,148.1
Other intangible assets, net	4,360.5	4,372.8
Deferred tax assets	26.3	26.1
Other assets	448.9	457.2
Total assets	18,379.4	18,009.8
Current liabilities:
Short-term borrowings and current maturities of long-term debt	1.7	3.1
Accounts payable	780.4	843.6
Accrued liabilities	1,044.7	972.2
Total current liabilities	1,826.8	1,818.9
Long-term debt, less current maturities	4,770.4	4,754.4
Pensions and other postretirement benefits	142.5	139.3
Deferred income tax liabilities	756.6	757.6
Other liabilities	329.4	294.3
Total liabilities	7,825.7	7,764.5
Commitments and contingencies (Note 18)	0.0	0.0
Stockholders’ equity
Common stock, $0.01 par value; 1,000,000,000 shares authorized; 431,384,081 and 430,745,964 shares issued as of March 31, 2025 and December 31, 2024, respectively	4.3	4.3
Capital in excess of par value	9,651.7	9,633.6
Retained earnings	2,681.9	2,503.5
Accumulated other comprehensive loss	(350.5)	(468.5)
Treasury stock at cost; 27,951,713 and 27,865,885 shares as of March 31, 2025 and December 31, 2024, respectively	(1,502.6)	(1,493.9)
Total Ingersoll Rand Inc. stockholders’ equity	10,484.8	10,179.0
Noncontrolling interests	68.9	66.3
Total stockholders’ equity	10,553.7	10,245.3
Total liabilities and stockholders’ equity	$ 18,379.4	$ 18,009.8