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Equity (Tables)

9 Months Ended

Sep. 30, 2024

Stockholders' Equity Note [Abstract]

Reconciliation of Ordinary Shares

Changes in ordinary shares and treasury shares for the nine months ended September 30, 2024 were as follows:

In millions			Ordinary shares issued						Ordinary shares held in treasury
December 31, 2023			251.7						24.5
Shares issued under incentive plans, net			1.0						—
Repurchase of ordinary shares			(3.0)						—
September 30, 2024			249.7						24.5

Schedule of Accumulated Other Comprehensive Income (Loss)

Accumulated Other Comprehensive Income (Loss)

The changes in Accumulated other comprehensive income (loss) for the nine months ended September 30, 2024 were as follows:

In millions						Derivative Instruments						Pension and OPEB						Foreign Currency Translation						Total
Balance at December 31, 2023						$	3.0					$	(198.9)					$	(474.9)					$	(670.8)
Other comprehensive income (loss) attributable to Trane Technologies plc						2.8						(1.9)						33.5						34.4
Balance at September 30, 2024						$	5.8					$	(200.8)					$	(441.4)					$	(636.4)

Other comprehensive income (loss) attributable to noncontrolling interests for the nine months ended September 30, 2024 included a gain of $0.3 million related to currency translation.

The changes in Accumulated other comprehensive income (loss) for the nine months ended September 30, 2023 were as follows:

In millions						Derivative Instruments						Pension and OPEB						Foreign Currency Translation						Total
Balance at December 31, 2022						$	(4.5)					$	(214.1)					$	(547.6)					$	(766.2)
Other comprehensive income (loss) attributable to Trane Technologies plc						0.5						5.6						(61.9)						(55.8)
Balance at September 30, 2023						$	(4.0)					$	(208.5)					$	(609.5)					$	(822.0)

Other comprehensive income (loss) attributable to noncontrolling interests for the nine months ended September 30, 2023 included a loss of $0.3 million related to currency translation.

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Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef
-Name Accounting Standards Codification
-Topic 220
-SubTopic 10
-Section 45
-Paragraph 14A
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147482790/220-10-45-14A

Reference 2: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 50
-Paragraph 1
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481674/830-30-50-1

Reference 3: http://www.xbrl.org/2009/role/commonPracticeRef
-Topic 830
-SubTopic 30
-Name Accounting Standards Codification
-Section 45
-Paragraph 20
-Publisher FASB
-URI https://asc.fasb.org/1943274/2147481694/830-30-45-20

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