Trane Technologies plc
For the period ended Dec 31, 2024. Filed Feb 6, 2025.
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FY2024 · Filed Feb 6, 2025
TT$420.82+0.1%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Comprehensive Income
In millions
| For the years ended December 31, | 2024 | 2023 | 2022 |
|---|---|---|---|
| Net earnings | $2,589.5 | $2,041.7 | $1,774.7 |
| Other comprehensive income (loss): | |||
| Currency translation | (201.6) | 72.5 | (202.7) |
| Cash flow hedges | |||
| Unrealized net gains (losses) arising during period | (6.8) | (4.4) | (24.3) |
| Net (gains) losses reclassified into earnings | 1.0 | 13.5 | 10.2 |
| Tax (expense) benefit | 1.4 | (1.6) | 2.5 |
| Total cash flow hedges, net of tax | (4.4) | 7.5 | (11.6) |
| Pension and OPEB adjustments: | |||
| Prior service costs for the period | — | — | (3.3) |
| Net actuarial gains (losses) for the period | (0.1) | 16.8 | 54.2 |
| Amortization reclassified into earnings | 5.4 | 7.4 | 21.6 |
| Net curtailment and settlement losses reclassified into earnings | (1.0) | 1.4 | 15.0 |
| Currency translation and other | 11.0 | (3.7) | 12.7 |
| Tax (expense) benefit | (3.2) | (6.2) | (16.1) |
| Total pension and OPEB adjustments, net of tax | 12.1 | 15.7 | 84.1 |
| Other comprehensive income (loss), net of tax | (193.9) | 95.7 | (130.2) |
| Comprehensive income, net of tax | $2,395.6 | $2,137.4 | $1,644.5 |
| Less: Comprehensive income attributable to noncontrolling interests | (21.0) | (18.1) | (16.6) |
| Comprehensive income attributable to Trane Technologies plc | $2,374.6 | $2,119.3 | $1,627.9 |
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