XML 28 R3.htm IDEA: XBRL DOCUMENT v3.25.0.1
Consolidated Statements of Earnings - USD ($)
$ in Millions
12 Months Ended
Dec. 31, 2024
Dec. 31, 2023
Dec. 31, 2022
Net earnings      
Net revenues $ 19,838.2 $ 17,677.6 $ 15,991.7
Selling and administrative expenses (3,580.4) (2,963.2) (2,545.9)
Operating income (loss) 3,500.1 2,894.0 2,418.9
Interest expense (238.4) (234.5) (223.5)
Other, net (19.9) (92.2) (23.3)
Earnings (loss) before income taxes 3,241.8 2,567.3 2,172.1
Benefit (provision) for income taxes (627.6) (498.4) (375.9)
Earnings (loss) from continuing operations 2,614.2 2,068.9 1,796.2
Discontinued operations, net of tax (24.7) (27.2) (21.5)
Net earnings 2,589.5 2,041.7 1,774.7
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Noncontrolling Interest (21.6) (17.8) (18.2)
Net earnings (loss) attributable to Trane Technologies plc 2,567.9 2,023.9 1,756.5
Amounts attributable to Trane Technologies plc ordinary shareholders:      
Continuing operations 2,592.6 2,051.1 1,778.0
Discontinued operations (24.7) (27.2) (21.5)
Net earnings (loss) attributable to Trane Technologies plc $ 2,567.9 $ 2,023.9 $ 1,756.5
Basic:      
Continuing operations $ 11.46 $ 8.97 $ 7.65
Discontinued operations (0.11) (0.12) (0.10)
Net earnings 11.35 8.85 7.55
Diluted:      
Continuing operations 11.35 8.89 7.57
Discontinued operations (0.11) (0.12) (0.09)
Net earnings $ 11.24 $ 8.77 $ 7.48
Product      
Net earnings      
Net revenues $ 13,314.5 $ 11,975.4 $ 10,930.8
Cost of Goods and Services Sold (8,927.9) (8,414.2) (7,935.2)
Service      
Net earnings      
Net revenues 6,523.7 5,702.2 5,060.9
Cost of Goods and Services Sold $ (3,829.8) $ (3,406.2) $ (3,091.7)