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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 6 Months Ended
Jun. 30, 2024
Jun. 30, 2023
Jun. 30, 2024
Jun. 30, 2023
Net revenues $ 5,307.4 $ 4,704.7 $ 9,523.0 $ 8,370.6
Cost of goods sold (3,371.9) (3,120.3) (6,127.6) (5,642.7)
Selling and administrative expenses (901.3) (699.0) (1,727.4) (1,385.7)
Operating income 1,034.2 885.4 1,668.0 1,342.2
Interest expense (57.5) (61.6) (115.5) (119.2)
Other income/(expense), net (4.1) (57.4) (29.2) (66.8)
Earnings before income taxes 972.6 766.4 1,523.3 1,156.2
Provision for income taxes (205.8) (169.6) (311.3) (242.8)
Earnings from continuing operations 766.8 596.8 1,212.0 913.4
Discontinued operations, net of tax (6.9) (6.1) (12.3) (11.6)
Net earnings 759.9 590.7 1,199.7 901.8
Less: Net earnings from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest (4.6) (4.5) (8.1) (8.5)
Net earnings attributable to Trane Technologies plc 755.3 586.2 1,191.6 893.3
Amounts attributable to Trane Technologies plc ordinary shareholders:        
Continuing operations 762.2 592.3 1,203.9 904.9
Discontinued operations (6.9) (6.1) (12.3) (11.6)
Net earnings attributable to Trane Technologies plc $ 755.3 $ 586.2 $ 1,191.6 $ 893.3
Basic:        
Continuing operations $ 3.36 $ 2.59 $ 5.30 $ 3.95
Discontinued operations (0.03) (0.02) (0.05) (0.05)
Net earnings 3.33 2.57 5.25 3.90
Diluted:        
Continuing operations 3.33 2.57 5.25 3.92
Discontinued operations (0.03) (0.02) (0.05) (0.05)
Net earnings $ 3.30 $ 2.55 $ 5.20 $ 3.87
Weighted-average shares outstanding        
Basic 226.6 228.5 227.0 228.9
Diluted 228.7 230.3 229.1 230.9