Trane Technologies plc
For the period ended Dec 31, 2023. Filed Feb 8, 2024.
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FY2023 · Filed Feb 8, 2024
TT$420.56+4.7%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets
In millions, except share amounts
| December 31, | 2023 | 2022 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,095.3 | $1,220.5 |
| Accounts and notes receivable, net | 2,956.8 | 2,780.1 |
| Inventories | 2,152.1 | 1,993.8 |
| Other current assets | 665.7 | 384.8 |
| Total current assets | 6,869.9 | 6,379.2 |
| Property, plant and equipment, net | 1,772.2 | 1,536.1 |
| Goodwill | 6,095.3 | 5,503.7 |
| Intangible assets, net | 3,439.8 | 3,264.0 |
| Other noncurrent assets | 1,214.7 | 1,398.6 |
| Total assets | $19,391.9 | $18,081.6 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $2,025.2 | $2,091.6 |
| Accrued compensation and benefits | 591.7 | 541.2 |
| Accrued expenses and other current liabilities | 2,634.7 | 2,006.0 |
| Short-term borrowings and current maturities of long-term debt | 801.9 | 1,048.0 |
| Total current liabilities | 6,053.5 | 5,686.8 |
| Long-term debt | 3,977.9 | 3,788.3 |
| Postemployment and other benefit liabilities | 596.9 | 667.0 |
| Deferred and noncurrent income taxes | 703.7 | 680.1 |
| Other noncurrent liabilities | 1,042.9 | 1,154.2 |
| Total liabilities | 12,374.9 | 11,976.4 |
| Equity: | ||
| Trane Technologies plc shareholders’ equity | ||
| Ordinary shares, $1.00 par value (251,673,874 and 253,328,263 shares issued at December 31, 2023 and 2022, respectively) | 251.7 | 253.3 |
| Ordinary shares held in treasury, at cost (24,500,713 and 24,500,868 shares at December 31, 2023 and 2022, respectively) | (1,719.4) | (1,719.4) |
| Retained earnings | 9,133.7 | 8,320.9 |
| Accumulated other comprehensive income (loss) | (670.8) | (766.2) |
| Total Trane Technologies plc shareholders’ equity | 6,995.2 | 6,088.6 |
| Noncontrolling interest | 21.8 | 16.6 |
| Total equity | 7,017.0 | 6,105.2 |
| Total liabilities and equity | $19,391.9 | $18,081.6 |
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