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Equity (Tables)
3 Months Ended
Mar. 31, 2025
Stockholders' Equity Note [Abstract]  
Reconciliation of Ordinary Shares
Changes in ordinary shares and treasury shares for the three months ended March 31, 2025 were as follows:
In millionsOrdinary shares issuedOrdinary shares held in treasury
December 31, 2024249.0 24.5 
Shares issued under incentive plans, net0.3 — 
Repurchase of ordinary shares(1.3)— 
March 31, 2025248.0 24.5 
Schedule of Accumulated Other Comprehensive Income (Loss)
Accumulated Other Comprehensive Income (Loss)
The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2025 were as follows:
In millionsDerivative InstrumentsPension and OPEBForeign Currency TranslationTotal
Balance at December 31, 2024$(1.4)$(186.8)$(675.9)$(864.1)
Other comprehensive income (loss) attributable to Trane Technologies plc14.4 (1.2)110.1 123.3 
Balance at March 31, 2025$13.0 $(188.0)$(565.8)$(740.8)
Other comprehensive income (loss) attributable to noncontrolling interests for the three months ended March 31, 2025 included a gain of $0.4 million related to currency translation.
The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2024 were as follows:
In millionsDerivative InstrumentsPension and OPEBForeign Currency TranslationTotal
Balance at December 31, 2023$3.0 $(198.9)$(474.9)$(670.8)
Other comprehensive income (loss) attributable to Trane Technologies plc(1.8)1.6 (75.3)(75.5)
Balance at March 31, 2024$1.2 $(197.3)$(550.2)$(746.3)
Other comprehensive income (loss) attributable to noncontrolling interests for the three months ended March 31, 2024 included a loss of $1.3 million related to currency translation.