Trane Technologies plc
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
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FY2024 · Filed Feb 6, 2025
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, | 2024 | 2023 |
|---|---|---|
| ASSETS | ||
| Current assets: | ||
| Cash and cash equivalents | $1,590.1 | $1,095.3 |
| Accounts and notes receivable, net | 3,090.2 | 2,956.8 |
| Inventories | 1,971.5 | 2,152.1 |
| Other current assets | 686.0 | 665.7 |
| Total current assets | 7,337.8 | 6,869.9 |
| Property, plant and equipment, net | 2,024.5 | 1,772.2 |
| Goodwill | 6,127.9 | 6,095.3 |
| Intangible assets, net | 3,308.2 | 3,439.8 |
| Other noncurrent assets | 1,348.3 | 1,214.7 |
| Total assets | $20,146.7 | $19,391.9 |
| LIABILITIES AND EQUITY | ||
| Current liabilities: | ||
| Accounts payable | $2,148.0 | $2,025.2 |
| Accrued compensation and benefits | 678.4 | 591.7 |
| Accrued expenses and other current liabilities | 2,790.3 | 2,634.7 |
| Short-term borrowings and current maturities of long-term debt | 452.2 | 801.9 |
| Total current liabilities | 6,068.9 | 6,053.5 |
| Long-term debt | 4,318.1 | 3,977.9 |
| Postemployment and other benefit liabilities | 561.9 | 596.9 |
| Deferred and noncurrent income taxes | 586.6 | 703.7 |
| Other noncurrent liabilities | 1,124.3 | 1,042.9 |
| Total liabilities | 12,659.8 | 12,374.9 |
| Equity: | ||
| Trane Technologies plc shareholders' equity | ||
| Ordinary shares, $1.00 par value (248,971,153 and 251,673,874 shares issued at December 31, 2024 and 2023, respectively) | 249.0 | 251.7 |
| Ordinary shares held in treasury, at cost (24,497,206 and 24,500,713 shares at December 31, 2024 and 2023, respectively) | (1,719.3) | (1,719.4) |
| Retained earnings | 9,791.8 | 9,133.7 |
| Accumulated other comprehensive income (loss) | (864.1) | (670.8) |
| Total Trane Technologies plc shareholders' equity | 7,457.4 | 6,995.2 |
| Noncontrolling interest | 29.5 | 21.8 |
| Total equity | 7,486.9 | 7,017.0 |
| Total liabilities and equity | $20,146.7 | $19,391.9 |
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