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Condensed Consolidated Statements of Earnings - USD ($)
shares in Millions, $ in Millions
3 Months Ended 9 Months Ended
Sep. 30, 2024
Sep. 30, 2023
Sep. 30, 2024
Sep. 30, 2023
Net revenues $ 5,441.2 $ 4,882.9 $ 14,964.2 $ 13,253.5
Cost of goods sold (3,466.8) (3,224.8) (9,594.5) (8,867.6)
Selling and administrative expenses (949.8) (793.9) (2,677.2) (2,179.5)
Operating income 1,024.6 864.2 2,692.5 2,206.4
Interest expense (63.0) (57.9) (178.5) (177.1)
Other income/(expense), net 6.3 (10.0) (22.8) (76.8)
Earnings before income taxes 967.9 796.3 2,491.2 1,952.5
Provision for income taxes (181.1) (157.5) (492.3) (400.2)
Earnings from continuing operations 786.8 638.8 1,998.9 1,552.3
Discontinued operations, net of tax (8.9) (6.5) (21.3) (18.2)
Net earnings 777.9 632.3 1,977.6 1,534.1
Less: Net earnings from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest (5.9) (6.0) (14.0) (14.5)
Net earnings attributable to Trane Technologies plc 772.0 626.3 1,963.6 1,519.6
Amounts attributable to Trane Technologies plc ordinary shareholders:        
Continuing operations 780.9 632.8 1,984.9 1,537.8
Discontinued operations (8.9) (6.5) (21.3) (18.2)
Net earnings attributable to Trane Technologies plc $ 772.0 $ 626.3 $ 1,963.6 $ 1,519.6
Basic:        
Continuing operations $ 3.46 $ 2.77 $ 8.76 $ 6.72
Discontinued operations (0.04) (0.03) (0.09) (0.08)
Net earnings 3.42 2.74 8.67 6.64
Diluted:        
Continuing operations 3.43 2.74 8.68 6.66
Discontinued operations (0.04) (0.02) (0.09) (0.08)
Net earnings $ 3.39 $ 2.72 $ 8.59 $ 6.58
Weighted-average shares outstanding        
Basic 225.8 228.6 226.6 228.8
Diluted 228.0 230.6 228.8 230.9