$TT
Trane Technologies plc Stock $tt

$tt Overview Financials Valuation SEC Filings Company Website

2023 Q3 Form 10-Q Financial Statement

#000146625823000186 Filed on August 02, 2023

Income Statement

Concept	2023 Q3	2023 Q2
Revenue	$4.883B	$4.705B
YoY Change	11.69%	12.27%
Cost Of Revenue	$3.225B	$3.120B
YoY Change	9.72%	8.84%
Gross Profit	$1.658B	$1.584B
YoY Change	15.72%	19.72%
Gross Profit Margin	33.96%	33.68%
Selling, General & Admin	$793.9M	$699.0M
YoY Change	14.51%	14.07%
% of Gross Profit	47.88%	44.12%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$92.00M	$88.40M
YoY Change	9.65%	10.78%
% of Gross Profit	5.55%	5.58%
Operating Expenses	$793.9M	$699.0M
YoY Change	14.51%	14.07%
Operating Profit	$864.2M	$885.4M
YoY Change	16.86%	24.6%
Interest Expense	$57.90M	-$58.50M
YoY Change	3.76%	-204.65%
% of Operating Profit	6.7%	-6.61%
Other Income/Expense, Net	-$10.00M	-$60.50M
YoY Change	-46.52%	3681.25%
Pretax Income	$796.3M	$766.4M
YoY Change	19.74%	17.35%
Income Tax	$157.5M	$169.6M
% Of Pretax Income	19.78%	22.13%
Net Earnings	$626.3M	$586.2M
YoY Change	14.31%	15.1%
Net Earnings / Revenue	12.83%	12.46%
Basic Earnings Per Share	$2.74	$2.57
Diluted Earnings Per Share	$2.72	$2.54
COMMON SHARES
Basic Shares Outstanding	228.4M shares	228.1M shares
Diluted Shares Outstanding	230.6M shares	230.3M shares

Balance Sheet

Concept	2023 Q3	2023 Q2
SHORT-TERM ASSETS
Cash & Short-Term Investments	$960.0M	$663.6M
YoY Change	-11.13%	-39.13%
Cash & Equivalents	$960.0M	$663.6M
Short-Term Investments
Other Short-Term Assets	$432.6M	$455.8M
YoY Change	7.53%	16.9%
Inventory	$2.192B	$2.356B
Prepaid Expenses
Receivables	$3.370B	$3.200B
Other Receivables	$0.00	$0.00
Total Short-Term Assets	$6.727B	$6.675B
YoY Change	6.79%	8.98%
LONG-TERM ASSETS
Property, Plant & Equipment	$1.684B	$1.655B
YoY Change	17.58%	16.05%
Goodwill	$5.719B	$5.748B
YoY Change	6.49%	5.33%
Intangibles	$3.338B	$3.389B
YoY Change	2.98%	3.24%
Long-Term Investments
YoY Change
Other Assets	$1.436B	$1.440B
YoY Change	2.76%	3.58%
Total Long-Term Assets	$12.18B	$12.23B
YoY Change	6.43%	5.85%
TOTAL ASSETS
Total Short-Term Assets	$6.727B	$6.675B
Total Long-Term Assets	$12.18B	$12.23B
Total Assets	$18.90B	$18.91B
YoY Change	6.56%	6.93%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable	$2.093B	$2.177B
YoY Change	1.55%	8.83%
Accrued Expenses	$2.258B	$2.866B
YoY Change	15.42%	35.1%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$201.9M
YoY Change
Long-Term Debt Due	$348.0M	$348.3M
YoY Change	-66.85%	-66.82%
Total Short-Term Liabilities	$5.214B	$5.593B
YoY Change	-5.97%	-0.66%
LONG-TERM LIABILITIES
Long-Term Debt	$4.476B	$4.477B
YoY Change	18.19%	18.22%
Other Long-Term Liabilities	$1.191B	$1.866B
YoY Change	1.94%	62.14%
Total Long-Term Liabilities	$5.667B	$6.343B
YoY Change	14.36%	28.46%
TOTAL LIABILITIES
Total Short-Term Liabilities	$5.214B	$5.593B
Total Long-Term Liabilities	$5.667B	$6.343B
Total Liabilities	$12.20B	$12.65B
YoY Change	2.79%	5.91%
SHAREHOLDERS EQUITY
Retained Earnings	$8.971B	$8.445B
YoY Change	7.82%	5.52%
Common Stock	$252.3M	$252.8M
YoY Change	-0.98%	-1.33%
Preferred Stock
YoY Change
Treasury Stock (at cost)	$1.719B	$1.719B
YoY Change	0.0%	0.0%
Treasury Stock Shares
Shareholders Equity	$6.682B	$6.259B
YoY Change
Total Liabilities & Shareholders Equity	$18.90B	$18.91B
YoY Change	6.56%	6.93%

Cashflow Statement

Concept	2023 Q3	2023 Q2
OPERATING ACTIVITIES
Net Income	$626.3M	$586.2M
YoY Change	14.31%	15.1%
Depreciation, Depletion And Amortization	$92.00M	$88.40M
YoY Change	9.65%	10.78%
Cash From Operating Activities	$922.3M	$524.0M
YoY Change	80.77%	24.26%
INVESTING ACTIVITIES
Capital Expenditures	$83.20M	$56.90M
YoY Change	-241.26%	-182.34%
Acquisitions
YoY Change
Other Investing Activities	-$5.900M	-$499.1M
YoY Change	-28.05%	369.52%
Cash From Investing Activities	-$89.10M	-$556.0M
YoY Change	32.79%	216.99%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities	-515.7M	22.80M
YoY Change	25.35%	-104.88%
NET CHANGE
Cash From Operating Activities	922.3M	524.0M
Cash From Investing Activities	-89.10M	-556.0M
Cash From Financing Activities	-515.7M	22.80M
Net Change In Cash	317.5M	-9.200M
YoY Change	901.58%	-95.83%
FREE CASH FLOW
Cash From Operating Activities	$922.3M	$524.0M
Capital Expenditures	$83.20M	$56.90M
Free Cash Flow	$839.1M	$467.1M
YoY Change	47.44%	-4.83%

Facts In Submission

Frame	Concept Type	Concept / XBRL Key	Value	Unit
CY2023Q2	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	23400000	usd
CY2022Q4	us-gaap	Additional Paid In Capital AdditionalPaidInCapital	0	usd
CY2023Q2	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8445400000	usd
CY2022Q4	us-gaap	Retained Earnings Accumulated Deficit RetainedEarningsAccumulatedDeficit	8320900000	usd
CY2023Q2	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-743400000	usd
CY2022Q4	us-gaap	Accumulated Other Comprehensive Income Loss Net Of Tax AccumulatedOtherComprehensiveIncomeLossNetOfTax	-766200000	usd
CY2023Q2	us-gaap	Stockholders Equity StockholdersEquity	6258800000	usd
CY2022Q4	us-gaap	Stockholders Equity StockholdersEquity	6088600000	usd
CY2023Q2	us-gaap	Minority Interest MinorityInterest	18400000	usd
CY2022Q4	us-gaap	Minority Interest MinorityInterest	16600000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6277200000	usd
CY2022Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6105200000	usd
CY2023Q2	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18906500000	usd
CY2022Q4	us-gaap	Liabilities And Stockholders Equity LiabilitiesAndStockholdersEquity	18081600000	usd
CY2023Q1	us-gaap	Profit Loss ProfitLoss	311100000	usd
CY2023Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	67400000	usd
CY2023Q1	tt	Stock Issued During Period Value Stock Options Exercisednetoftaxremittances StockIssuedDuringPeriodValueStockOptionsExercisednetoftaxremittances	-21300000	usd
CY2023Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	300000000.0	usd
CY2023Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	23800000	usd
CY2023Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2900000	usd
CY2023Q1	us-gaap	Dividends Cash DividendsCash	171700000	usd
CY2023Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	100000	usd
CY2023Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6054300000	usd
CY2023Q2	us-gaap	Profit Loss ProfitLoss	590700000	usd
CY2023Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-44500000	usd
CY2023Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	7500000	usd
CY2023Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	0	usd
CY2023Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	15300000	usd
CY2023Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	3900000	usd
CY2023Q2	us-gaap	Dividends Cash DividendsCash	342300000	usd
CY2023Q2	us-gaap	Stockholders Equity Other StockholdersEquityOther	100000	usd
CY2023Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6277200000	usd
CY2021Q4	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6273100000	usd
CY2022Q1	us-gaap	Profit Loss ProfitLoss	263400000	usd
CY2022Q1	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-1400000	usd
CY2022Q1	tt	Stock Issued During Period Value Stock Options Exercisednetoftaxremittances StockIssuedDuringPeriodValueStockOptionsExercisednetoftaxremittances	24200000	usd
CY2022Q1	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	350000000.0	usd
CY2022Q1	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	21400000	usd
CY2022Q1	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	2500000	usd
CY2022Q1	us-gaap	Dividends Cash DividendsCash	156700000	usd
CY2022Q1	us-gaap	Stockholders Equity Note Spinoff Transaction StockholdersEquityNoteSpinoffTransaction	-6700000	usd
CY2022Q1	us-gaap	Stockholders Equity Other StockholdersEquityOther	100000	usd
CY2022Q1	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	6016500000	usd
CY2022Q2	us-gaap	Profit Loss ProfitLoss	514900000	usd
CY2022Q2	us-gaap	Other Comprehensive Income Loss Net Of Tax OtherComprehensiveIncomeLossNetOfTax	-191400000	usd
CY2022Q2	us-gaap	Stock Issued During Period Value Stock Options Exercised StockIssuedDuringPeriodValueStockOptionsExercised	4100000	usd
CY2022Q2	us-gaap	Treasury Stock Value Acquired Cost Method TreasuryStockValueAcquiredCostMethod	300100000	usd
CY2022Q2	us-gaap	Adjustments To Additional Paid In Capital Sharebased Compensation Requisite Service Period Recognition Value AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue	13100000	usd
CY2022Q2	us-gaap	Minority Interest Decrease From Distributions To Noncontrolling Interest Holders MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders	6400000	usd
CY2022Q2	us-gaap	Dividends Cash DividendsCash	311100000	usd
CY2022Q2	us-gaap	Stockholders Equity Note Spinoff Transaction StockholdersEquityNoteSpinoffTransaction	-300000	usd
CY2022Q2	us-gaap	Stockholders Equity Including Portion Attributable To Noncontrolling Interest StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest	5739300000	usd
	us-gaap	Profit Loss ProfitLoss	901800000	usd
	us-gaap	Profit Loss ProfitLoss	778300000	usd
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-11600000	usd
	us-gaap	Income Loss From Discontinued Operations Net Of Tax IncomeLossFromDiscontinuedOperationsNetOfTax	-8600000	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	168200000	usd
	us-gaap	Depreciation Amortization And Accretion Net DepreciationAmortizationAndAccretionNet	157100000	usd
	us-gaap	Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash	26400000	usd
	us-gaap	Pension And Other Postretirement Benefits Expense Reversal Of Expense Noncash PensionAndOtherPostretirementBenefitsExpenseReversalOfExpenseNoncash	20400000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	40500000	usd
	us-gaap	Share Based Compensation ShareBasedCompensation	35300000	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	595000000.0	usd
	us-gaap	Increase Decrease In Other Operating Capital Net IncreaseDecreaseInOtherOperatingCapitalNet	560400000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	5400000	usd
	us-gaap	Other Noncash Income Expense OtherNoncashIncomeExpense	21600000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	548100000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities Continuing Operations NetCashProvidedByUsedInOperatingActivitiesContinuingOperations	417700000	usd
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-15600000	usd
	us-gaap	Cash Provided By Used In Operating Activities Discontinued Operations CashProvidedByUsedInOperatingActivitiesDiscontinuedOperations	-184200000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	532500000	usd
	us-gaap	Net Cash Provided By Used In Operating Activities NetCashProvidedByUsedInOperatingActivities	233500000	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	134000000.0	usd
	us-gaap	Payments To Acquire Property Plant And Equipment PaymentsToAcquirePropertyPlantAndEquipment	143900000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	506200000	usd
	us-gaap	Payments To Acquire Businesses Net Of Cash Acquired PaymentsToAcquireBusinessesNetOfCashAcquired	109600000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	6800000	usd
	us-gaap	Payments For Proceeds From Other Investing Activities PaymentsForProceedsFromOtherInvestingActivities	4600000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-647000000.0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities Continuing Operations NetCashProvidedByUsedInInvestingActivitiesContinuingOperations	-258100000	usd
	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	0	usd
	us-gaap	Cash Provided By Used In Investing Activities Discontinued Operations CashProvidedByUsedInInvestingActivitiesDiscontinuedOperations	-600000	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-647000000.0	usd
	us-gaap	Net Cash Provided By Used In Investing Activities NetCashProvidedByUsedInInvestingActivities	-258700000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	197900000	usd
	us-gaap	Proceeds From Repayments Of Short Term Debt ProceedsFromRepaymentsOfShortTermDebt	0	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	699100000	usd
	us-gaap	Proceeds From Issuance Of Long Term Debt ProceedsFromIssuanceOfLongTermDebt	0	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	707500000	usd
	us-gaap	Repayments Of Long Term Debt RepaymentsOfLongTermDebt	7500000	usd
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	189500000	usd
	us-gaap	Proceeds From Repayments Of Debt ProceedsFromRepaymentsOfDebt	-7500000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	6500000	usd
	us-gaap	Payments Of Debt Issuance Costs PaymentsOfDebtIssuanceCosts	2100000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	341400000	usd
	us-gaap	Payments Of Dividends Common Stock PaymentsOfDividendsCommonStock	310900000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	6800000	usd
	us-gaap	Payments Of Dividends Minority Interest PaymentsOfDividendsMinorityInterest	8900000	usd
	us-gaap	Proceeds From Stock Options Exercised ProceedsFromStockOptionsExercised	28800000	usd
	tt	Netproceedsfromsharesissuedunderincentiveplans Netproceedsfromsharesissuedunderincentiveplans	-20100000	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	300000000.0	usd
	us-gaap	Payments For Repurchase Of Common Stock PaymentsForRepurchaseOfCommonStock	650100000	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	0	usd
	us-gaap	Proceeds From Payments For Other Financing Activities ProceedsFromPaymentsForOtherFinancingActivities	-2000000.0	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-436400000	usd
	us-gaap	Net Cash Provided By Used In Financing Activities NetCashProvidedByUsedInFinancingActivities	-1001600000	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-6000000.0	usd
	us-gaap	Effect Of Exchange Rate On Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents EffectOfExchangeRateOnCashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents	-42200000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-556900000	usd
	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect	-1069000000	usd
CY2022Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1220500000	usd
CY2021Q4	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	2159200000	usd
CY2023Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	663600000	usd
CY2022Q2	us-gaap	Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Including Disposal Group And Discontinued Operations CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations	1090200000	usd
CY2022Q4	us-gaap	Goodwill Goodwill	5503700000	usd
CY2023Q2	us-gaap	Inventory Raw Materials InventoryRawMaterials	590700000	usd
CY2022Q4	us-gaap	Inventory Raw Materials InventoryRawMaterials	509600000	usd
CY2023Q2	us-gaap	Inventory Work In Process InventoryWorkInProcess	434200000	usd
CY2022Q4	us-gaap	Inventory Work In Process InventoryWorkInProcess	333800000	usd
CY2023Q2	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1475300000	usd
CY2022Q4	us-gaap	Inventory Finished Goods InventoryFinishedGoods	1280300000	usd
CY2023Q2	us-gaap	Inventory Gross InventoryGross	2500200000	usd
CY2022Q4	us-gaap	Inventory Gross InventoryGross	2123700000	usd
CY2023Q2	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	144400000	usd
CY2022Q4	us-gaap	Inventory Lifo Reserve InventoryLIFOReserve	129900000	usd
CY2023Q2	us-gaap	Inventory Net InventoryNet	2355800000	usd
CY2022Q4	us-gaap	Inventory Net InventoryNet	1993800000	usd
CY2023Q2	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	116100000	usd
CY2022Q4	us-gaap	Inventory Valuation Reserves InventoryValuationReserves	94300000	usd
	us-gaap	Goodwill Acquired During Period GoodwillAcquiredDuringPeriod	249400000	usd
	us-gaap	Goodwill Purchase Accounting Adjustments GoodwillPurchaseAccountingAdjustments	-7000000.0	usd
	us-gaap	Goodwill Foreign Currency Translation Gain Loss GoodwillForeignCurrencyTranslationGainLoss	1400000	usd
CY2023Q2	us-gaap	Goodwill Goodwill	5747500000	usd
CY2023Q2	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	2496000000	usd
CY2022Q4	us-gaap	Goodwill Impaired Accumulated Impairment Loss GoodwillImpairedAccumulatedImpairmentLoss	2496000000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	2663200000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1884600000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	778600000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Gross FiniteLivedIntangibleAssetsGross	2445400000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1805500000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Net FiniteLivedIntangibleAssetsNet	639900000	usd
CY2023Q2	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5273500000	usd
CY2023Q2	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1884600000	usd
CY2023Q2	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3388900000	usd
CY2022Q4	us-gaap	Intangible Assets Gross Excluding Goodwill IntangibleAssetsGrossExcludingGoodwill	5069500000	usd
CY2022Q4	us-gaap	Finite Lived Intangible Assets Accumulated Amortization FiniteLivedIntangibleAssetsAccumulatedAmortization	1805500000	usd
CY2022Q4	us-gaap	Intangible Assets Net Excluding Goodwill IntangibleAssetsNetExcludingGoodwill	3264000000	usd
CY2023Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	42100000	usd
CY2022Q2	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	36000000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	77000000	usd
	us-gaap	Amortization Of Intangible Assets AmortizationOfIntangibleAssets	69800000	usd
CY2023Q2	us-gaap	Debt Current DebtCurrent	550200000	usd
CY2022Q4	us-gaap	Debt Current DebtCurrent	1048000000	usd
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$TT
Trane Technologies plc Stock $tt

2023 Q3 Form 10-Q Financial Statement

#000146625823000186 Filed on August 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TT Trane Technologies plc Stock $tt

2023 Q3 Form 10-Q Financial Statement

#000146625823000186 Filed on August 02, 2023

Income Statement

Balance Sheet

Cashflow Statement

Facts In Submission

Files In Submission

$TT
Trane Technologies plc Stock $tt