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Trane Technologies plc

For the period ended Dec 31, 2023. Filed Feb 8, 2024.

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About this filing

A company's yearly report to the SEC, with audited financial statements. It is the fullest account a company gives of its business, its finances and the risks it sees.

FY2023 · Filed Feb 8, 2024

TT$420.82+0.1%Stored close · as of Nov 10, 2026

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Consolidated Statements of Comprehensive Income

In millions

For the years ended December 31,202320222021
Net earnings$2,041.7$1,774.7$1,436.6
Other comprehensive income (loss):
Currency translation72.5(202.7)(122.7)
Cash flow hedges
Unrealized net gains (losses) arising during period(4.4)(24.3)1.6
Net (gains) losses reclassified into earnings13.510.2(6.4)
Tax (expense) benefit(1.6)2.51.1
Total cash flow hedges, net of tax7.5(11.6)(3.7)
Pension and OPEB adjustments:
Prior service costs for the period—(3.3)0.3
Net actuarial gains (losses) for the period16.854.2111.4
Amortization reclassified into earnings7.421.638.6
Net curtailment and settlement (gains) losses reclassified to earnings1.415.08.0
Currency translation and other(3.7)12.75.2
Tax (expense) benefit(6.2)(16.1)(43.7)
Total pension and OPEB adjustments, net of tax15.784.1119.8
Other comprehensive income (loss), net of tax95.7(130.2)(6.6)
Comprehensive income, net of tax$2,137.4$1,644.5$1,430.0
Less: Comprehensive income attributable to noncontrolling interests(18.1)(16.6)(12.7)
Comprehensive income attributable to Trane Technologies plc$2,119.3$1,627.9$1,417.3
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The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.