Ingersoll Rand Inc
For the period ended Sep 30, 2024. Filed Nov 1, 2024.
View on SEC.govAbout this filing
A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Sep 30, 2024 · Filed Nov 1, 2024
IR$85.86-1.2%Stored close · as of Nov 10, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Condensed Consolidated Balance Sheets (Unaudited)
CONDENSED CONSOLIDATED BALANCE SHEETS
(Unaudited; in millions, except share amounts)
| September 30, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets: | ||
| Cash and cash equivalents | $1,376.9 | $1,595.5 |
| Accounts receivable, net of allowance for credit losses of $57.9 and $53.8, respectively | 1,342.2 | 1,234.2 |
| Inventories | 1,162.5 | 1,001.1 |
| Other current assets | 309.6 | 219.6 |
| Total current assets | 4,191.2 | 4,050.4 |
| Property, plant and equipment, net of accumulated depreciation of $567.4 and $500.8, respectively | 853.1 | 711.4 |
| Goodwill | 8,206.2 | 6,609.7 |
| Other intangible assets, net | 4,445.8 | 3,611.1 |
| Deferred tax assets | 30.3 | 31.5 |
| Other assets | 479.6 | 549.4 |
| Total assets | $18,206.2 | $15,563.5 |
| Liabilities and Stockholders’ Equity | ||
| Current liabilities: | ||
| Short-term borrowings and current maturities of long-term debt | $2.9 | $30.6 |
| Accounts payable | 743.8 | 801.2 |
| Accrued liabilities | 1,028.9 | 995.5 |
| Total current liabilities | 1,775.6 | 1,827.3 |
| Long-term debt, less current maturities | 4,782.5 | 2,693.0 |
| Pensions and other postretirement benefits | 153.1 | 150.0 |
| Deferred income tax liabilities | 802.7 | 612.6 |
| Other liabilities | 358.1 | 433.9 |
| Total liabilities | $7,872.0 | $5,716.8 |
| Commitments and contingencies (Note 18) | — | — |
| Stockholders’ equity | ||
| Common stock, $0.01 par value; 1,000,000,000 shares authorized; 430,614,342 and 428,589,061 shares issued as of September 30, 2024 and December 31, 2023, respectively | 4.3 | 4.3 |
| Capital in excess of par value | 9,614.9 | 9,550.8 |
| Retained earnings | 2,281.8 | 1,697.2 |
| Accumulated other comprehensive loss | (202.1) | (227.6) |
| Treasury stock at cost; 27,252,719 and 25,241,667 shares as of September 30, 2024 and December 31, 2023, respectively | (1,431.3) | (1,240.9) |
| Total Ingersoll Rand Inc. stockholders’ equity | $10,267.6 | $9,783.8 |
| Noncontrolling interests | 66.6 | 62.9 |
| Total stockholders’ equity | $10,334.2 | $9,846.7 |
| Total liabilities and stockholders’ equity | $18,206.2 | $15,563.5 |
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.