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Earnings Per Share (EPS) | 9 Months Ended
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Sep. 30, 2024
Earnings Per Share [Abstract] |
Earnings Per Share (EPS) | Earnings Per Share (EPS) Basic EPS is calculated by dividing Net earnings attributable to Trane Technologies plc by the weighted-average number of ordinary shares outstanding for the applicable period. Diluted EPS is calculated after adjusting the denominator of the basic EPS calculation for the effect of all potentially dilutive ordinary shares, which in the Company’s case, includes shares issuable under share-based compensation plans. The following table summarizes the weighted-average number of ordinary shares outstanding for basic and diluted earnings per share calculations for the three and nine months ended September 30:
| Three months ended |  | Nine months ended
In millions, except per share amounts | 2024 |  | 2023 |  | 2024 |  | 2023
Weighted-average number of basic shares | 225.8 |  |  | 228.6 |  |  | 226.6 |  |  | 228.8 |
Shares issuable under incentive share plans | 2.2 |  |  | 2.0 |  |  | 2.2 |  |  | 2.1 |
Weighted-average number of diluted shares | 228.0 |  |  | 230.6 |  |  | 228.8 |  |  | 230.9 |
Anti-dilutive shares | — |  |  | 0.2 |  |  | 0.1 |  |  | 0.6 |
Dividends declared per ordinary share | $ | — |  |  | $ | — |  |  | $ | 2.52 |  |  | $ | 2.25 |

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