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CONDENSED CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Jun. 30, 2025
Dec. 31, 2024
Current assets:    
Cash and cash equivalents $ 1,310.6 $ 1,541.2
Accounts receivable, net of allowance for credit losses of $66.2 and $57.3, respectively 1,387.9 1,335.4
Inventories 1,205.6 1,055.0
Other current assets 284.3 231.9
Total current assets 4,188.4 4,163.5
Property, plant and equipment, net of accumulated depreciation of $653.7 and $567.5, respectively 879.4 842.1
Goodwill 8,276.6 8,148.1
Other intangible assets, net 4,334.6 4,372.8
Deferred tax assets 27.4 26.1
Other assets 352.7 457.2
Total assets 18,059.1 18,009.8
Current liabilities:    
Short-term borrowings and current maturities of long-term debt 2.0 3.1
Accounts payable 832.8 843.6
Accrued liabilities 997.6 972.2
Total current liabilities 1,832.4 1,818.9
Long-term debt, less current maturities 4,781.4 4,754.4
Pensions and other postretirement benefits 149.8 139.3
Deferred income tax liabilities 665.7 757.6
Other liabilities 472.4 294.3
Total liabilities 7,901.7 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; 431,525,684 and 430,745,964 shares issued as of June 30, 2025 and December 31, 2024, respectively 4.3 4.3
Capital in excess of par value 9,672.2 9,633.6
Retained earnings 2,558.6 2,503.5
Accumulated other comprehensive loss (140.8) (468.5)
Treasury stock at cost; 34,098,049 and 27,865,885 shares as of June 30, 2025 and December 31, 2024, respectively (2,007.0) (1,493.9)
Total Ingersoll Rand Inc. stockholders’ equity 10,087.3 10,179.0
Noncontrolling interests 70.1 66.3
Total stockholders’ equity 10,157.4 10,245.3
Total liabilities and stockholders’ equity $ 18,059.1 $ 18,009.8