Ingersoll Rand Inc
For the period ended Dec 31, 2023. Filed Feb 23, 2024.
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FY2023 · Filed Feb 23, 2024
IR$85.86-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Balance Sheets - As of December 31, 202 and
CONSOLIDATED BALANCE SHEETS
(in millions, except share and per share amounts)
| December 31, 2023 | December 31, 2022 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $1,595.5 | $1,613.0 |
| Accounts receivable, net of allowance for credit losses of $53.8 and $47.2, respectively | 1,234.2 | 1,122.0 |
| Inventories | 1,001.1 | 1,025.4 |
| Other current assets | 219.6 | 206.9 |
| Total current assets | 4,050.4 | 3,967.3 |
| Property, plant and equipment, net of accumulated depreciation of $500.8 and $417.4, respectively | 711.4 | 624.4 |
| Goodwill | 6,609.7 | 6,064.2 |
| Other intangible assets, net | 3,611.1 | 3,578.6 |
| Deferred tax assets | 31.5 | 22.3 |
| Other assets | 549.4 | 509.1 |
| Total assets | $15,563.5 | $14,765.9 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Short-term borrowings and current maturities of long-term debt | $30.6 | $36.5 |
| Accounts payable | 801.2 | 778.7 |
| Accrued liabilities | 995.5 | 858.8 |
| Total current liabilities | 1,827.3 | 1,674.0 |
| Long-term debt, less current maturities | 2,693.0 | 2,716.1 |
| Pensions and other postretirement benefits | 150.0 | 147.2 |
| Deferred income tax liabilities | 612.6 | 610.6 |
| Other liabilities | 433.9 | 360.8 |
| Total liabilities | 5,716.8 | 5,508.7 |
| Commitments and contingencies (Note 21) | ||
| Stockholders’ equity | ||
| Common stock, $0.01 par value; 1,000,000,000 shares authorized; 428,589,061 and 426,327,805 shares issued as of December 31, 2023 and 2022, respectively | 4.3 | 4.3 |
| Capital in excess of par value | 9,550.8 | 9,476.8 |
| Retained earnings | 1,697.2 | 950.9 |
| Accumulated other comprehensive loss | (227.6) | (251.7) |
| Treasury stock at cost; 25,241,667 and 21,210,095 shares as of December 31, 2023 and 2022, respectively | (1,240.9) | (984.5) |
| Total Ingersoll Rand Inc. stockholders’ equity | 9,783.8 | 9,195.8 |
| Noncontrolling interests | 62.9 | 61.4 |
| Total equity | 9,846.7 | 9,257.2 |
| Total liabilities and equity | $15,563.5 | $14,765.9 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.