Ingersoll Rand Inc
For the period ended Dec 31, 2024. Filed Feb 19, 2025.
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FY2024 · Filed Feb 19, 2025
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, 2024 | December 31, 2023 | |
|---|---|---|
| Assets | ||
| Current assets | ||
| Cash and cash equivalents | $1,541.2 | $1,595.5 |
| Accounts receivable, net of allowance for credit losses of $57.3 and $53.8, respectively | 1,335.4 | 1,234.2 |
| Inventories | 1,055.0 | 1,001.1 |
| Other current assets | 231.9 | 219.6 |
| Total current assets | 4,163.5 | 4,050.4 |
| Property, plant and equipment, net of accumulated depreciation of $567.5 and $500.8, respectively | 842.1 | 711.4 |
| Goodwill | 8,148.1 | 6,609.7 |
| Other intangible assets, net | 4,372.8 | 3,611.1 |
| Deferred tax assets | 26.1 | 31.5 |
| Other assets | 457.2 | 549.4 |
| Total assets | $18,009.8 | $15,563.5 |
| Liabilities and Equity | ||
| Current liabilities | ||
| Short-term borrowings and current maturities of long-term debt | $3.1 | $30.6 |
| Accounts payable | 843.6 | 801.2 |
| Accrued liabilities | 972.2 | 995.5 |
| Total current liabilities | 1,818.9 | 1,827.3 |
| Long-term debt, less current maturities | 4,754.4 | 2,693.0 |
| Pensions and other postretirement benefits | 139.3 | 150.0 |
| Deferred income tax liabilities | 757.6 | 612.6 |
| Other liabilities | 294.3 | 433.9 |
| Total liabilities | 7,764.5 | 5,716.8 |
| Commitments and contingencies (Note 22) | ||
| Stockholders’ equity | ||
| Common stock, $0.01 par value; 1,000,000,000 shares authorized; 430,745,964 and 428,589,061 shares issued as of December 31, 2024 and 2023, respectively | 4.3 | 4.3 |
| Capital in excess of par value | 9,633.6 | 9,550.8 |
| Retained earnings | 2,503.5 | 1,697.2 |
| Accumulated other comprehensive loss | (468.5) | (227.6) |
| Treasury stock at cost; 27,865,885 and 25,241,667 shares as of December 31, 2024 and 2023, respectively | (1,493.9) | (1,240.9) |
| Total Ingersoll Rand Inc. stockholders’ equity | 10,179.0 | 9,783.8 |
| Noncontrolling interests | 66.3 | 62.9 |
| Total equity | 10,245.3 | 9,846.7 |
| Total liabilities and equity | $18,009.8 | $15,563.5 |
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