Trane Technologies (TT) 10-Q 25 Apr 18 2018 Q1 Quarterly report Financial data

Document and Entity Information

Document and Entity Information Document - shares	3 Months Ended
	Mar. 31, 2018	Apr. 13, 2018
Entity Information [Line Items]
Entity Registrant Name	INGERSOLL-RAND PLC
Entity Central Index Key	1,466,258
Current Fiscal Year End Date	--12-31
Entity Filer Category	Large Accelerated Filer
Document Type	10-Q
Document Period End Date	Mar. 31, 2018
Document Fiscal Year Focus	2,018
Document Fiscal Period Focus	Q1
Amendment Flag	false
Entity Common Stock, Shares Outstanding		247,965,196

Condensed Consolidated Statemen

Condensed Consolidated Statements of Comprehensive Income - USD ($) shares in Millions, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Net revenues	$ 3,384.5	$ 3,000.6
Cost of goods sold	(2,420.2)	(2,126.1)
Selling and administrative expenses	(720.9)	(659.5)
Operating income	243.4	215
Interest expense	(72.9)	(54)
Other income/(expense), net	(4)	(4.7)
Earnings before income taxes	166.5	156.3
Provision for income taxes	(33)	(28.7)
Earnings from continuing operations	133.5	127.6
Discontinued operations, net of tax	(9.4)	(6.5)
Net earnings	124.1	121.1
Less: Net earnings attributable to noncontrolling interests	(3.7)	(4)
Net earnings attributable to Ingersoll-Rand plc	120.4	117.1
Amounts attributable to Ingersoll-Rand plc ordinary shareholders:
Continuing operations	129.8	123.6
Discontinued operations	(9.4)	(6.5)
Net earnings attributable to Ingersoll-Rand plc	$ 120.4	$ 117.1
Basic:
Continuing operations	$ 0.52	$ 0.48
Discontinued operations	(0.04)	(0.03)
Net earnings	0.48	0.45
Diluted:
Continuing operations	0.51	0.47
Discontinued operations	(0.03)	(0.02)
Net earnings	$ 0.48	$ 0.45
Weighted-average shares outstanding
Basic	250.4	259.4
Diluted	253	262.6
Total comprehensive income	$ 276.6	$ 240.2
Less: Total comprehensive income attributable to noncontrolling interests	4.1	2.5
Total comprehensive income attributable to Ingersoll-Rand plc	$ 272.5	$ 237.7
Dividends declared per ordinary share	$ 0.45	$ 0.40

Condensed Consolidated Balance

Condensed Consolidated Balance Sheets - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
ASSETS
Cash and cash equivalents	$ 1,175.1	$ 1,549.4
Accounts and notes receivable, net	2,516	2,477.4
Inventories, net	1,778.8	1,555.4
Other current assets	601.6
Total current assets	6,071.5	6,119.1
Property, plant and equipment, net	1,611.3	1,551.3
Goodwill	6,118.9	5,935.7
Intangible assets, net	3,756.3	3,742.9
Other noncurrent assets	807.1	824.3
Total assets	18,365.1	18,173.3
LIABILITIES AND EQUITY
Accounts payable	1,666.1	1,556.1
Accrued compensation and benefits	364.4	509.7
Accrued expenses and other current liabilities	1,685	1,655.2
Short-term borrowings and current maturities of long-term debt	605.2	1,107
Total current liabilities	4,320.7	4,828
Long-term debt	3,745.5	2,957
Postemployment and other benefit liabilities	1,264.5	1,285.3
Deferred and noncurrent income taxes	768.7	757.5
Other noncurrent liabilities	1,125.3	1,138.6
Total liabilities	11,224.7	10,966.4
Equity:
Ordinary shares	272.5	274
Treasury Stock, Value	(1,719.3)	(1,719.4)
Capital in excess of par value	249.8	461.3
Retained earnings	8,904.4	8,903.2
Accumulated other comprehensive income (loss)	(626.7)	(778.8)
Total Ingersoll-Rand plc shareholders’ equity	7,080.7	7,140.3
Noncontrolling interests	59.7	66.6
Total equity	7,140.4	7,206.9
Total liabilities and equity	$ 18,365.1	$ 18,173.3

Condensed Consolidated Stateme4

Condensed Consolidated Statements of Cash Flows - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Cash flows from operating activities:
Net earnings	$ 124.1	$ 121.1
Discontinued operations, net of tax	9.4	6.5
Adjustments for non-cash transactions:
Asset impairment	0	(8.4)
Depreciation and amortization	93.4	86.7
Changes in assets and liabilities, net	(330.7)	(293)
Other non-cash items, net	58	37
Net cash provided by (used in) continuing operating activities	(45.8)	(33.3)
Net cash provided by (used in) discontinued operating activities	(20.4)	(10.1)
Net cash provided by (used in) operating activities	(66.2)	(43.4)
Cash flows from investing activities:
Capital expenditures	(52.8)	(35.2)
Acquisition of businesses, net of cash acquired	(201.6)	(9.8)
Proceeds from sale of property, plant and equipment	0.7	0.4
Proceeds from Sale of Equity Method Investments	(4)
Net cash provided by (used in) continuing investing activities	(257.7)	(44.6)
Cash flows from financing activities:
Short-term borrowings (payments), net	247.9	0
Proceeds from long-term debt	1,147	0
Payments of long-term debt	(1,115.4)	0
Net proceeds (repayments) from debt	279.5	0
Dividends paid to ordinary shareholders	(111.6)	(102.7)
Dividends paid to noncontrolling interests	(11)	(6.9)
Repurchase of ordinary shares	(250)	(250.1)
Other, net	5.2	18.4
Net cash provided by (used in) continuing financing activities	(96.4)	(341.5)
Effect of exchange rate changes on cash and cash equivalents	46	37.3
Net increase (decrease) in cash and cash equivalents	(374.3)	(392.2)
Cash and cash equivalents - beginning of period	1,549.4	1,714.7
Cash and cash equivalents - end of period	$ 1,175.1	$ 1,322.5

Basis of Presentation

Basis of Presentation	3 Months Ended
	Mar. 31, 2018
Organization, Consolidation and Presentation of Financial Statements [Abstract]
Basis of Presentation	Basis of Presentation The accompanying unaudited condensed consolidated financial statements of Ingersoll-Rand plc (Plc or Parent Company), a public limited company incorporated in Ireland in 2009, and its consolidated subsidiaries (collectively, the Company), reflect the consolidated operations of the Company and have been prepared in accordance with United States Securities and Exchange Commission (SEC) interim reporting requirements. Accordingly, the accompanying condensed consolidated financial statements do not include all disclosures required by accounting principles generally accepted in the United States of America (GAAP) for full financial statements and should be read in conjunction with the consolidated financial statements included in the Ingersoll-Rand plc Annual Report on Form 10-K for the year ended December 31, 2017 . In the opinion of management, the accompanying condensed consolidated financial statements contain all adjustments, which include only normal recurring adjustments, necessary to fairly state the condensed consolidated results for the interim periods presented.

Recent Accounting Pronouncement

Recent Accounting Pronouncements	3 Months Ended
	Mar. 31, 2018
New Accounting Pronouncements and Changes in Accounting Principles [Abstract]
Recently Accounting Pronouncements	Recent Accounting Pronouncements The Financial Accounting Standards Board (FASB) Accounting Standards Codification is the sole source of authoritative GAAP other than SEC issued rules and regulations that apply only to SEC registrants. The FASB issues an Accounting Standards Update (ASU) to communicate changes to the codification. The Company considers the applicability and impact of all ASU's. ASU's not listed below were assessed and determined to be either not applicable or are not expected to have a material impact on the consolidated financial statements. Recently Adopted Accounting Pronouncements In October 2016, the FASB issued ASU 2016-16, “Income Taxes (Topic 740): Intra-Entity Transfers of Assets Other Than Inventory” (ASU 2016-16) which removed the prohibition in Topic 740 against the immediate recognition of the current and deferred income tax effects of intra-entity transfers of assets other than inventory. As a result, the income tax consequences of an intra-entity transfer of assets other than inventory will be recognized in the current period income statement rather than being deferred until the assets leave the consolidated group. The Company applied ASU 2016-16 on a modified retrospective basis through a cumulative-effect adjustment which reduced Retained earnings by $9.1 million as of January 1, 2018. In May 2014, the FASB issued ASU No. 2014-09, "Revenue from Contracts with Customers" (ASC 606), which created a comprehensive, five-step model for revenue recognition that requires a company to recognize revenue to depict the transfer of promised goods or services to a customer at an amount that reflects the consideration it expects to receive in exchange for those goods or services. Under ASC 606, a company will be required to use more judgment and make more estimates when considering contract terms as well as relevant facts and circumstances when identifying performance obligations, estimating the amount of variable consideration in the transaction price and allocating the transaction price to each separate performance obligation. The Company adopted this standard on January 1, 2018 using the modified retrospective approach and recorded a cumulative effect adjustment to increase Retained earnings by $2.4 million with related amounts not materially impacting Net revenues , Operating income or the Balance Sheet. Refer to Note 11, “Revenue,” for a further discussion on the adoption of ASC 606. Recently Issued Accounting Pronouncements In February 2018, the FASB issued ASU 2018-02, "Reclassification of Certain Tax Effects from Accumulated Other Comprehensive Income" (ASU 2018-02), which allows companies to reclassify stranded tax effects in Accumulated other comprehensive income (loss) that have been caused by the Tax Cuts and Jobs Act of 2017 (the Act) to Retained earnings for each period in which the effect of the change in the U.S. federal corporate income tax rate is recorded . The FASB has made the reclassification optional. ASU 2018-02 is effective for annual reporting periods beginning after December 15, 2018 with early adoption permitted. The Company is currently assessing the impact of the ASU on its financial statements and whether or not it will exercise the option to reclassify the stranded tax effects caused by the Act. In August 2017, the FASB issued ASU 2017-12, "Derivatives and hedging (Topic 815): Targeted improvements to accounting for hedging activities" (ASU 2017-12). This standard more closely aligns the results of cash flow and fair value hedge accounting with risk management activities through changes to both the designation and measurement guidance for qualifying hedging relationships and the presentation of hedge results in the financial statements. This standard also addresses specific limitations in current GAAP by expanding hedge accounting for both nonfinancial and financial risk components and by refining the measurement of hedge results to better reflect an entity’s hedging strategies. Additionally, by aligning the timing of recognition of hedge results with the earnings effect of the hedged item for cash flow and net investment hedges, and by including the earnings effect of the hedging instrument in the same income statement line item in which the earnings effect of the hedged item is presented, the results of an entity’s hedging program and the cost of executing that program will be more visible to users of financial statements. ASU 2017-12 is effective for annual reporting periods beginning after December 15, 2018 with early adoption permitted. The Company is currently assessing the impact of this ASU on its financial statements. In February 2016, the FASB issued ASU 2016-02, "Leases" (ASU 2016-02) which requires the lease rights and obligations arising from lease contracts, including existing and new arrangements, to be recognized as assets and liabilities on the balance sheet. The standard also requires additional disclosures by lessees and contains targeted changes to accounting by lessors. ASU 2016-02 is effective for annual periods beginning after December 15, 2018, including interim periods within those annual periods, with early adoption permitted. The standard is required to be adopted at the earliest period presented using a modified retrospective approach. The Company has developed an implementation plan and is currently gathering data to further assess the impact of the ASU on its financial statements. The adoption is anticipated to have a material impact on assets and liabilities due to the recognition of lease rights and obligations on the Balance Sheet effective January 1, 2019. However, the Company does not expect the adoption to have a material impact to its Statements of Cash Flows or Statements of Comprehensive Income.

Inventories

Inventories	3 Months Ended
	Mar. 31, 2018
Inventory, Net [Abstract]
Inventories	Inventories Depending on the business, U.S. inventories are stated at the lower of cost or market using the last-in, first-out (LIFO) method or the lower of cost or market using the first-in, first-out (FIFO) method. Non-U.S. inventories are primarily stated at the lower of cost or market using the FIFO method. The major classes of inventory were as follows: In millions March 31, December 31, Raw materials $ 528.4 $ 502.8 Work-in-process 210.9 180.5 Finished goods 1,106.9 941.0 1,846.2 1,624.3 LIFO reserve (67.4 ) (68.9 ) Total $ 1,778.8 $ 1,555.4 The Company performs periodic assessments to determine the existence of obsolete, slow-moving and non-saleable inventories and records necessary provisions to reduce such inventories to net realizable value. Reserve balances, primarily related to obsolete and slow-moving inventories, were $ 122.0 million and $ 120.3 million at March 31, 2018 and December 31, 2017 , respectively.

Goodwill

Goodwill	3 Months Ended
	Mar. 31, 2018
Goodwill Abstract
Goodwill	Goodwill The Company records as goodwill the excess of the purchase price over the fair value of the net assets acquired in an acquisition. Measurement period adjustments may be recorded once a final valuation has been performed. Goodwill is tested and reviewed annually for impairment during the fourth quarter or whenever there is a significant change in events or circumstances that indicate that the fair value of the asset may be less than the carrying amount of the asset. The changes in the carrying amount of goodwill for the three months ended March 31, 2018 were as follows: In millions Climate Industrial Total Net balance as of December 31, 2017 $ 5,065.1 $ 870.6 $ 5,935.7 Acquisitions (1) 119.9 2.3 122.2 Currency translation 51.9 9.1 61.0 Net balance as of March 31, 2018 $ 5,236.9 $ 882.0 $ 6,118.9 (1) Refer to Note 16, "Acquisitions and Divestitures" for more information regarding acquisitions during the period. The net goodwill balances at March 31, 2018 and December 31, 2017 include $ 2,496.0 million of accumulated impairment. The accumulated impairment relates entirely to a charge in the fourth quarter of 2008 associated with the Climate segment.

Intangible Assets

Intangible Assets	3 Months Ended
	Mar. 31, 2018
Intangible Assets Abstract
Intangible Assets	Intangible Assets Indefinite-lived intangible assets are tested and reviewed annually for impairment during the fourth quarter or whenever there is a significant change in events or circumstances that indicate that the fair value of the asset may be less than the carrying amount of the asset. All other intangible assets with finite useful lives are amortized on a straight-line basis over their estimated useful lives. The gross amount of the Company’s intangible assets and related accumulated amortization were as follows: March 31, 2018 December 31, 2017 In millions Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount Completed technologies/patents $ 211.3 $ (180.7 ) $ 30.6 $ 209.4 $ (177.3 ) $ 32.1 Customer relationships 2,111.4 (1,091.7 ) 1,019.7 2,068.9 (1,056.9 ) 1,012.0 Other 86.6 (50.8 ) 35.8 93.9 (52.7 ) 41.2 Total finite-lived intangible assets 2,409.3 (1,323.2 ) 1,086.1 2,372.2 (1,286.9 ) 1,085.3 Trademarks (indefinite-lived) 2,670.2 — 2,670.2 2,657.6 — 2,657.6 Total $ 5,079.5 $ (1,323.2 ) $ 3,756.3 $ 5,029.8 $ (1,286.9 ) $ 3,742.9 Intangible asset amortization expense was $35.2 million and $32.3 million for the three months ended March 31, 2018 and 2017 , respectively.

Debt and Credit Facilities

Debt and Credit Facilities	3 Months Ended
	Mar. 31, 2018
Debt Credit Facilities
Debt and Credit Facilities	Debt and Credit Facilities Short-term borrowings and current maturities of long-term debt consisted of the following: In millions March 31, December 31, Debentures with put feature $ 343.0 $ 343.0 6.875% Senior notes due 2018 (1) — 749.6 Commercial Paper 247.9 — Other current maturities of long-term debt 7.7 7.7 Short-term borrowings 6.6 6.7 Total $ 605.2 $ 1,107.0 (1) During the first quarter of 2018, the Company redeemed its 6.875% senior notes due 2018. Commercial Paper Program The Company uses borrowings under its commercial paper program for general corporate purposes. The maximum aggregate amount of unsecured commercial paper notes available to be issued, on a private placement basis, under the commercial paper program is $ 2.0 billion as of March 31, 2018 . The Company had $247.9 million of commercial paper outstanding as of March 31, 2018 . Debentures with Put Feature At March 31, 2018 and December 31, 2017 , the Company had $343.0 million of fixed rate debentures outstanding which contain a put feature that the holders may exercise on each anniversary of the issuance date. If exercised, the Company is obligated to repay in whole or in part, at the holder’s option, the outstanding principal amount of the debentures plus accrued interest. If these options are not exercised, the final contractual maturity dates would range between 2027 and 2028 . Holders of these debentures had the option to exercise the put feature on $37.2 million of the outstanding debentures in February 2018, subject to the notice requirement. No material exercises were made. Long-term debt , excluding current maturities, consisted of the following: In millions March 31, December 31, 2.875% Senior notes due 2019 (1) — 349.4 2.625% Senior notes due 2020 299.0 298.9 2.900% Senior notes due 2021 297.7 — 9.000% Debentures due 2021 124.9 124.9 4.250% Senior notes due 2023 696.7 696.5 7.200% Debentures due 2018-2025 52.3 52.3 3.550% Senior notes due 2024 495.4 495.2 6.480% Debentures due 2025 149.7 149.7 3.750% Senior notes due 2028 544.0 — 5.750% Senior notes due 2043 494.1 494.0 4.650% Senior notes due 2044 295.6 295.6 4.300% Senior notes due 2048 295.7 — Other loans and notes 0.4 0.5 Total $ 3,745.5 $ 2,957.0 (1) During the first quarter of 2018, the Company redeemed its 2.875% senior notes due 2019. Issuance and Redemption of Senior Notes In February 2018, the Company issued $1.15 billion principal amount of senior notes in three tranches through an indirect, wholly-owned subsidiary. The tranches consist of $300 million aggregate principal amount of 2.900% senior notes due 2021, $550 million aggregate principal amount of 3.750% senior notes due 2028 and $300 million aggregate principal amount of 4.300% senior notes due 2048. The notes are fully and unconditionally guaranteed by each of Ingersoll Rand plc, Ingersoll-Rand Irish Holdings Unlimited Company, Ingersoll-Rand Lux International Holding Company S.à.r.l, Ingersoll-Rand Company and Ingersoll-Rand Luxembourg Finance S.A. The Company has the option to redeem the notes in whole or in part at any time, prior to their stated maturity date at redemption prices set forth in the indenture agreement. The notes are subject to certain customary covenants, however, none of these covenants are considered restrictive to the Company’s operations. In March 2018, the Company used the proceeds to fund the redemption of $750 million aggregate principal amount of 6.875% senior notes due 2018 and $350 million aggregate principal amount of 2.875% senior notes due 2019, with the remainder used for general corporate purposes. As a result of the early redemption, the Company recognized $15.4 million of premium expense and $1.2 million of unamortized costs in Interest expense. Other Credit Facilities The Company maintains two 5-year, $ 1.0 billion revolving credit facilities (the Facilities) through its wholly-owned subsidiaries, Ingersoll-Rand Global Holding Company Limited and Ingersoll-Rand Luxembourg Finance S.A. (collectively, the Borrowers). Each senior unsecured credit facility provides support for the Company's commercial paper program and can be used for working capital and other general corporate purposes. Ingersoll-Rand plc, Ingersoll-Rand Irish Holdings Unlimited Company, Ingersoll-Rand Lux International Holding Company S.à.r.l. and Ingersoll-Rand Company each provide irrevocable and unconditional guarantees for these Facilities. In addition, each Borrower will guarantee the obligations under the Facilities of the other Borrower. Total commitments of $ 2.0 billion were unused at March 31, 2018 and December 31, 2017 . On April 17, 2018, the Company entered into a new 5-year, $1.0 billion senior unsecured credit facility and terminated its 5-year, $1.0 billion facility set to expire in March 2019. As a result, the current maturity dates of the Facilities are March 2021 and March 2023. Fair Value of Debt The carrying value of the Company's short-term borrowings is a reasonable estimate of fair value due to the short-term nature of the instruments. The fair value of the Company's debt instruments at March 31, 2018 and December 31, 2017 was $4.6 billion and $4.4 billion , respectively. The Company measures the fair value of its long-term debt instruments for disclosure purposes based upon observable market prices quoted on public exchanges for similar assets. These fair value inputs are considered Level 2 within the fair value hierarchy. The methodologies used by the Company to determine the fair value of its long-term debt instruments at March 31, 2018 are the same as those used at December 31, 2017 .

Financial Instruments

Financial Instruments	3 Months Ended
	Mar. 31, 2018
Financial Instruments Abstract
Financial Instruments	Financial Instruments In the normal course of business, the Company is exposed to certain risks arising from business operations and economic factors. These fluctuations can increase the cost of financing, investing and operating the business. The Company may use various financial instruments, including derivative instruments, to manage the risks associated with interest rate and currency rate exposures. These financial instruments are not used for trading or speculative purposes. On the date a derivative contract is entered into, the Company designates the derivative instrument as a cash flow hedge of a forecasted transaction or as an undesignated derivative. The Company formally documents its hedge relationships, including identification of the derivative instruments and the hedged items, as well as its risk management objectives and strategies for undertaking the hedge transaction. This process includes linking derivative instruments that are designated as hedges to specific assets, liabilities or forecasted transactions. The Company assesses at inception, and at least quarterly thereafter, whether the derivatives used in cash flow hedging transactions are highly effective in offsetting the changes in the cash flows of the hedged item. To the extent the derivative is deemed to be a highly effective hedge, the fair market value changes of the instrument are recorded in Accumulated other comprehensive income (AOCI). Any ineffective portion of a derivative instrument’s change in fair value is recorded in Net earnings in the period of change. If the hedging relationship ceases to be highly effective, or it becomes probable that a forecasted transaction is no longer expected to occur, the hedging relationship will be undesignated and any future gains and losses on the derivative instrument will be recorded in Net earnings . The fair values of derivative instruments included within the Condensed Consolidated Balance Sheets were as follows: Derivative assets Derivative liabilities In millions March 31, December 31, March 31, December 31, Derivatives designated as hedges: Currency derivatives designated as hedges $ 1.3 $ — $ 0.2 $ 1.3 Derivatives not designated as hedges: Currency derivatives not designated as hedges 11.0 7.2 5.5 1.2 Total derivatives $ 12.3 $ 7.2 $ 5.7 $ 2.5 Asset and liability derivatives included in the table above are recorded within Other current assets and Accrued expenses and other current liabilities , respectively. Currency Derivative Instruments The notional amount of the Company’s currency derivatives was $ 0.6 billion and $ 0.7 billion at March 31, 2018 and December 31, 2017 , respectively. At March 31, 2018 and December 31, 2017 , a net gain of $ 1.1 million and $ 1.2 million , net of tax, respectively, was included in AOCI related to the fair value of the Company’s currency derivatives designated as accounting hedges. The amount expected to be reclassified into Net earnings over the next twelve months is a gain of $ 1.1 million . The actual amounts that will be reclassified to Net earnings may vary from this amount as a result of changes in market conditions. Gains and losses associated with the Company’s currency derivatives not designated as hedges are recorded in Net earnings as changes in fair value occur. At March 31, 2018 , the maximum term of the Company’s currency derivatives was approximately 12 months. Other Derivative Instruments Prior to 2015, the Company utilized forward-starting interest rate swaps and interest rate locks to manage interest rate exposure in periods prior to the anticipated issuance of certain fixed-rate debt. These instruments were designated as cash flow hedges and had a notional amount of $ 1.3 billion . Consequently, when the contracts were settled upon the issuance of the underlying debt, any realized gains or losses in the fair values of the instruments were deferred into AOCI. These deferred gains or losses are subsequently recognized in Interest expense over the term of the related notes. The net unrecognized gain in AOCI was $ 7.2 million at March 31, 2018 and $6.6 million at December 31, 2017 . The net deferred gain at March 31, 2018 will continue to be amortized over the term of notes with maturities ranging from 2023 to 2044. The amount expected to be amortized over the next twelve months is a net gain of $ 0.7 million . The Company has no forward-starting interest rate swaps or interest rate lock contracts outstanding at March 31, 2018 or December 31, 2017 . The following table represents the amounts associated with derivatives designated as hedges affecting Net earnings and AOCI for the three months ended March 31 : Amount of gain (loss) Location of gain (loss) reclassified from Amount of gain (loss) In millions 2018 2017 2018 2017 Currency derivatives designated as hedges $ 2.1 $ 1.2 Cost of goods sold $ (0.4 ) $ (0.3 ) Interest rate swaps & locks — — Interest expense (0.6 ) (0.1 ) Total $ 2.1 $ 1.2 $ (1.0 ) $ (0.4 ) The following table represents the amounts associated with derivatives not designated as hedges affecting Other income/(expense), net for the three months ended March 31 : Amount of gain (loss) In millions 2018 2017 Currency derivatives not designated as hedges $ 9.7 $ 20.0 Total $ 9.7 $ 20.0 The gains and losses associated with the Company’s undesignated currency derivatives are materially offset in Other income/(expense), net by changes in the fair value of the underlying transactions. Concentration of Credit Risk The counterparties to the Company’s forward contracts consist of a number of investment grade major international financial institutions. The Company could be exposed to losses in the event of nonperformance by the counterparties. However, the credit ratings and the concentration of risk in these financial institutions are monitored on a continuous basis and present no significant credit risk to the Company.

Fair Value Measurements

Fair Value Measurements	3 Months Ended
	Mar. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value Disclosures [Text Block]	Fair Value Measurements ASC 820, "Fair Value Measurement," (ASC 820) defines fair value as the price that would be received to sell an asset or paid to transfer a liability in an orderly transaction between market participants at the measurement date. ASC 820 also establishes a three-level fair value hierarchy that prioritizes information used in developing assumptions when pricing an asset or liability as follows: • Level 1: Observable inputs such as quoted prices in active markets; • Level 2: Inputs, other than quoted prices in active markets, that are observable either directly or indirectly; and • Level 3: Unobservable inputs where there is little or no market data, which requires the reporting entity to develop its own assumptions. ASC 820 requires the use of observable market data, when available, in making fair value measurements. When inputs used to measure fair value fall within different levels of the hierarchy, the level within which the fair value measurement is categorized is based on the lowest level input that is significant to the fair value measurement. The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of March 31, 2018 : In millions Fair Value Fair value measurements Level 1 Level 2 Level 3 Assets: Derivative instruments $ 12.3 $ — $ 12.3 $ — Liabilities: Derivative instruments $ 5.7 $ — $ 5.7 $ — The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 : In Millions Fair Value Fair value measurements Level 1 Level 2 Level 3 Assets: Derivative instruments $ 7.2 $ — $ 7.2 $ — Liabilities: Derivative instruments $ 2.5 $ — $ 2.5 $ — Derivative instruments include forward foreign currency contracts and instruments related to non-functional currency balance sheet exposures. The fair value of the derivative instruments are determined based on a pricing model that uses spot rates and forward prices from actively quoted currency markets that are readily accessible and observable. The carrying values of cash and cash equivalents, accounts receivable, and accounts payable are a reasonable estimate of their fair value due to the short-term nature of these instruments. These methodologies used by the Company to determine the fair value of its financial assets and liabilities at March 31, 2018 are the same as those used at December 31, 2017 . There have been no transfers between levels of the fair value hierarchy.

Pensions and Postretirement Ben

Pensions and Postretirement Benefits Other than Pensions	3 Months Ended
	Mar. 31, 2018
Retirement Benefits, Description [Abstract]
Pensions and Postretirement Benefits Other than Pensions	Pensions and Postretirement Benefits Other than Pensions The Company sponsors several U.S. defined benefit and defined contribution plans covering substantially all of the Company's U.S. employees. Additionally, the Company has many non-U.S. defined benefit and defined contribution plans covering eligible non-U.S. employees. Postretirement benefits other than pensions (OPEB) provide healthcare benefits, and in some instances, life insurance benefits for certain eligible employees. Pension Plans The noncontributory defined benefit pension plans covering non-collectively bargained U.S. employees provide benefits on a final average pay formula while plans for most collectively bargained U.S. employees provide benefits on a flat dollar benefit formula or a percentage of pay formula. The non-U.S. pension plans generally provide benefits based on earnings and years of service. The Company also maintains additional other supplemental plans for officers and other key or highly compensated employees. The components of the Company’s net periodic pension benefit cost for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Service cost $ 17.9 $ 17.8 Interest cost 27.0 27.0 Expected return on plan assets (36.9 ) (35.2 ) Net amortization of: Prior service costs 1.1 1.0 Net actuarial losses 12.5 13.6 Net periodic pension benefit cost $ 21.6 $ 24.2 Net curtailment and settlement (gains) losses — 2.3 Net periodic pension benefit cost after net curtailment and settlement (gains) losses $ 21.6 $ 26.5 Amounts recorded in continuing operations: Operating income $ 17.6 $ 17.1 Other income/(expense), net 1.9 7.0 Amounts recorded in discontinued operations 2.1 2.4 Total $ 21.6 $ 26.5 During the three months ended March 31, 2017, the Company recognized a curtailment loss associated with certain defined benefit plan freezes that is effective on January 1, 2022. The Company made contributions to its defined benefit pension plans of $ 10.9 million and $ 5.6 million during the three months ended March 31, 2018 and 2017 , respectively. The Company currently projects that it will contribute approximately $80 million to its plans worldwide in 2018. Postretirement Benefits Other Than Pensions The Company sponsors several postretirement plans that provide for healthcare benefits, and in some instances, life insurance benefits that cover certain eligible employees. These plans are unfunded and have no plan assets, but are instead funded by the Company on a pay-as-you-go basis in the form of direct benefit payments. Generally, postretirement health benefits are contributory with contributions adjusted annually. Life insurance plans for retirees are primarily noncontributory. The components of net periodic postretirement benefit cost for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Service cost $ 0.7 $ 0.8 Interest cost 3.8 4.3 Net amortization of: Prior service gains (1.0 ) (2.2 ) Net actuarial losses — — Net periodic postretirement benefit cost $ 3.5 $ 2.9 Amounts recorded in continuing operations: Operating income $ 0.7 $ 0.8 Other income/(expense), net 2.0 1.2 Amounts recorded in discontinued operations 0.8 0.9 Total $ 3.5 $ 2.9

Equity

Equity	3 Months Ended
	Mar. 31, 2018
Stockholders' Equity Note [Abstract]
Equity	Equity The authorized share capital of Ingersoll-Rand plc is 1,185,040,000 shares, consisting of (1) 1,175,000,000 ordinary shares, par value $ 1.00 per share, (2) 40,000 ordinary shares, par value EUR 1.00 and (3) 10,000,000 preference shares, par value $ 0.001 per share. There were no Euro-denominated ordinary shares or preference shares outstanding at March 31, 2018 or December 31, 2017 . Changes in ordinary shares and treasury shares for the three months ended March 31, 2018 are as follows: In millions Ordinary shares issued Ordinary shares held in treasury December 31, 2017 274.0 24.5 Shares issued under incentive plans, net 1.3 — Repurchase of ordinary shares (2.8 ) — March 31, 2018 272.5 24.5 Share repurchases are made from time to time in accordance with the Company's capital allocation strategy, subject to market conditions and regulatory requirements. In April 2017, the Company completed a $1.5 billion share repurchase program that began in April 2014. Shares repurchased prior to October 2014 were canceled upon repurchase and accounted for as a reduction of Ordinary shares and Capital in excess of par value , or Retained earnings to the extent Capital in excess of par value was exhausted. Beginning in October 2014, repurchased shares were held in treasury, recognized at cost and presented separately on the balance sheet as a reduction to Equity . In February 2017, the Company's Board of Directors authorized the repurchase of up to $1.5 billion of its ordinary shares upon completion of the prior authorized program. Repurchases under this program, which began in May 2017, totaled approximately $600 million at December 31, 2017 and are held in treasury. During the three months ended March 31, 2018 , the Company repurchased and canceled approximately $250 million of its ordinary shares. The components of Equity for the three months ended March 31, 2018 were as follows: In millions Shareholders’ Noncontrolling Total Balance at December 31, 2017 $ 7,140.3 $ 66.6 $ 7,206.9 Net earnings 120.4 3.7 124.1 Currency translation 143.9 0.4 144.3 Derivatives qualifying as cash flow hedges, net of tax 2.8 — 2.8 Pension and OPEB adjustments, net of tax 5.4 — 5.4 Total comprehensive income (loss) 272.5 4.1 276.6 Share-based compensation 30.0 — 30.0 Adoption of ASC 606 2.4 — 2.4 Adoption of ASU 2016-16 (9.1 ) — (9.1 ) Dividends declared to noncontrolling interests — (11.0 ) (11.0 ) Dividends declared to ordinary shareholders (112.0 ) — (112.0 ) Shares issued under incentive plans, net of tax benefit 6.6 — 6.6 Repurchase of ordinary shares (250.0 ) — (250.0 ) Balance at March 31, 2018 $ 7,080.7 $ 59.7 $ 7,140.4 The components of Equity for the three months ended March 31, 2017 were as follows: In millions Shareholders’ Noncontrolling Total Balance at December 31, 2016 $ 6,643.8 $ 74.5 $ 6,718.3 Net earnings 117.1 4.0 121.1 Currency translation 112.4 (1.5 ) 110.9 Derivatives qualifying as cash flow hedges, net of tax 1.6 — 1.6 Pension and OPEB adjustments, net of tax 6.6 — 6.6 Total comprehensive income (loss) 237.7 2.5 240.2 Share-based compensation 23.3 — 23.3 Adoption of ASU 2016-09 (1) 15.1 15.1 Dividends declared to noncontrolling interests — (6.9 ) (6.9 ) Dividends declared to ordinary shareholders (103.0 ) — (103.0 ) Shares issued under incentive plans, net of tax benefit 16.8 — 16.8 Repurchase of ordinary shares (250.1 ) — (250.1 ) Other 0.2 — 0.2 Balance at March 31, 2017 $ 6,583.8 $ 70.1 $ 6,653.9 (1) The Company adopted ASU No. 2016-09, "Compensation-Stock Compensation (Topic 718): Improvements to Employee Share-Based Payment Accounting" (ASU 2016-09) on January 1, 2017. Accumulated Other Comprehensive Income (Loss) The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2018 are as follows: In millions Derivative Instruments Pension and OPEB Foreign Currency Translation Total Balance at December 31, 2017 $ 4.7 $ (494.3 ) $ (289.2 ) $ (778.8 ) Other comprehensive income (loss) before reclassifications 2.1 (4.6 ) 143.9 141.4 Amounts reclassified from AOCI 1.0 12.6 — 13.6 Provision for income taxes (0.3 ) (2.6 ) — (2.9 ) Net current period other comprehensive income (loss) $ 2.8 $ 5.4 $ 143.9 $ 152.1 Balance at March 31, 2018 $ 7.5 $ (488.9 ) $ (145.3 ) $ (626.7 ) The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2017 are as follows: In millions Derivative Instruments Pension and OPEB Foreign Currency Translation Total Balance at December 31, 2016 $ 2.9 $ (554.4 ) $ (739.0 ) $ (1,290.5 ) Other comprehensive income (loss) before reclassifications 1.2 (0.8 ) 112.4 112.8 Amounts reclassified from AOCI 0.4 12.4 — 12.8 Provision for income taxes — (5.0 ) — (5.0 ) Net current period other comprehensive income (loss) $ 1.6 $ 6.6 $ 112.4 $ 120.6 Balance at March 31, 2017 $ 4.5 $ (547.8 ) $ (626.6 ) $ (1,169.9 ) The reclassifications out of Accumulated other comprehensive income (loss) for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Derivative Instruments Reclassifications of deferred (gains) losses (1) $ 1.0 $ 0.4 Provision for (benefit from) income taxes 0.2 (0.1 ) Reclassifications, net of taxes $ 1.2 $ 0.3 Pension and Postretirement benefits Amortization of service costs (2) $ 0.1 $ (1.2 ) Amortization of actuarial losses (2) 12.5 13.6 Provision for (benefit from) income taxes (2.6 ) (5.0 ) Reclassifications, net of taxes $ 10.0 $ 7.4 Total reclassifications, net of taxes $ 11.2 $ 7.7 (1) Reclassifications of interest rate swaps and locks are reflected within Interest expense ; reclassifications of currency derivatives designated as hedges are reflected in Cost of goods sold . (2) Reclassifications of the service cost component of pension and postretirement benefit costs are reflected within Operating income ; the remaining components are included within Other income/(expense), net .

Revenue (Notes)

Revenue (Notes)	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Revenue	Revenue The Company recognizes revenue when control of a good or service promised in a contract (i.e., performance obligation) is transferred to a customer. Control is obtained when a customer has the ability to direct the use of and obtain substantially all of the remaining benefits from that good or service. A majority of the Company's revenues are recognized at a point-in-time as control is transferred at a distinct point in time per the terms of a contract. However, a portion of the Company's revenues are recognized over time as the customer simultaneously receives control as the Company performs work under a contract. Performance Obligations A performance obligation is a distinct good, service or a bundle of goods and services promised in a contract. The Company identifies performance obligations at the inception of a contract and allocates the transaction price to individual performance obligations to faithfully depict the Company’s performance in transferring control of the promised goods or services to the customer. The following are the primary performance obligations identified by the Company: Equipment and parts . The Company principally generates revenue from the sale of equipment and parts to customers and recognizes revenue at a point in time when control transfers to the customer. Transfer of control is generally determined based on the shipping terms of the contract. However, certain transactions within the Industrial segment include contracts to design, deliver and build highly engineered or customized equipment which have no alternative use for the Company in the event the customer cancels the contract. In addition, the Company has the right to payment for performance completed to date. As a result, revenues related to these contracts are recognized over time with progress towards completion measured using an input method as the basis to recognize revenue and an estimated profit. To-date efforts for work performed corresponds with and faithfully depicts transfer of control to the customer. Contracting and Installation . The Company enters into various construction-type contracts to design, deliver and build integrated solutions to meet customer specifications. These transactions, primarily included within the Climate segment, provide services that range from the development and installation new HVAC systems to the design and integration of critical building systems to optimize energy efficiency and overall performance. These contracts have a typical term of less than one year and are considered a single performance obligation as multiple combined goods and services promised in the contract represent a single output delivered to the customer. Revenues associated with contracting and installation contracts are recognized over time with progress towards completion measured using an input method as the basis to recognize revenue and an estimated profit. To-date efforts for work performed corresponds with and faithfully depicts transfer of control to the customer. Services and Maintenance . The Company provides various levels of preventative and/or repair and maintenance type service agreements for its customers. The typical length of a contract is 12 months but can be as long as 36 months. Revenue associated with these performance obligations are primarily recognized over time on a straight-line basis over the life of the contract as the customer simultaneously receives and consumes the benefit provided by the Company. However, if historical evidence indicates that the cost of providing these services on a straight-line basis is not appropriate, revenue is recognized over the contract period in proportion to the costs expected to be incurred while performing the service. Certain repair services do not meet the definition of over time revenue recognition as the Company does not transfer control to the customer until the service is completed. As a result, revenue related to these services is recognized at a point in time. Extended warranties . The Company enters into various warranty contracts with customers related to its products. A standard warranty generally warrants that a product is free from defects in workmanship and materials under normal use and conditions for a certain period of time. The Company’s standard warranty is not considered a distinct performance obligation as it does not provide services to customers beyond assurance that the covered product is free of initial defects. An extended warranty provides a customer with additional time that the Company is liable for covered incidents associated with its products. Extended warranties are purchased separately and can last up to five years. As a result, they are considered separate performance obligations for the Company. Revenue associated with these performance obligations are primarily recognized over time on a straight-line basis over the life of the contract as the customer simultaneously receives and consumes the benefit provided by the Company. However, if historical evidence indicates that the cost of providing these services on a straight-line basis is not appropriate, revenue is recognized over the contract period in proportion to the costs expected to be incurred while performing the service. Refer to Note 19, "Commitments and Contingencies," for more information related to product warranties. The transaction price allocated to performance obligations reflects the Company’s expectations about the consideration it will be entitled to receive from a customer. The Company’s contracts with customers, dealers and distributors include several forms of sales incentive programs (variable consideration) which are estimated and included in the transaction price. They include, but are not limited to, discounts (i.e. net 30 type), coupons, and rebates where the customer does not have to provide any additional requirements to receive the discount. The Company records an accrual (contra receivable) and a sales deduction for its best estimate determined using the expected value method. In addition, sales returns and customer disputes involving a question of quantity or price are also accounted for as variable consideration. All other incentives or incentive programs where the customer is required to reach a certain sales level, remain a customer for a certain period of time, provide a rebate form or is subject to additional requirements are accounted for as a reduction of revenue and establishment of a liability for its best estimate determined using the expected value method. The Company considers historical data in determining its best estimates of variable consideration. These estimates are reviewed regularly for appropriateness, considering also whether the estimates should be constrained in order to avoid a significant reversal of revenue recognition in a future period. If updated information or actual amounts are different from previous estimates of variable consideration, the revisions are included in the results for the period in which they become known through a cumulative effect adjustment to revenue. In addition, the Company’s contracts with customers generally do not include significant financing components or noncash consideration. The Company enters into sales arrangements that contain multiple goods and services, such as equipment, installation and extended warranties. For these arrangements, each good or service is evaluated to determine whether it represents a distinct performance obligation. The total transaction price is then allocated to the distinct performance obligations based on their relative standalone selling price at the inception of the arrangement. If available, the Company utilizes observable prices for goods or services sold separately to similar customers in similar circumstances to determine its relative standalone selling price. Otherwise, list prices are used if they are determined to be representative of standalone selling prices. If neither of these items are available at contract inception, judgment may be required and the Company will estimate standalone selling price based on its best estimate. The Company recognizes revenue for delivered goods or services when the delivered good or service is distinct, control of the good or service has transferred to the customer, and only customary refund or return rights related to the goods or services exist. The Company excludes from revenues taxes it collects from a customer that are assessed by a government authority. Excluding noncurrent contract liabilities, unsatisfied (or partially unsatisfied) performance obligations as of the end of the reporting period are expected to be recognized as revenue within the next 12 months. Disaggregated Revenue A summary of Net revenues by destination for the three months ended March 31, 2018 is as follows: In millions 2018 Climate United States $ 1,711.8 Non-U.S. 898.0 Total Climate $ 2,609.8 Industrial United States $ 414.6 Non-U.S. 360.1 Total Industrial $ 774.7 A summary of Net revenues by major type of good or service for the three months ended March 31, 2018 is as follows: In millions 2018 Climate Equipment $ 1,771.5 Services and parts 838.3 Total Climate $ 2,609.8 Industrial Equipment $ 470.6 Services and parts 304.1 Total Industrial $ 774.7 Revenue from goods and services transferred to customers at a point in time accounted for approximately 85% of the Company's revenue for the three months ended March 31, 2018 . Contract Balances The opening and closing balances of contract assets and contract liabilities arising from contracts with customers for the period ended March 31, 2018 and December 31, 2017 were as follows: In millions March 31, 2018 December 31, 2017 Contract assets $ 188.0 $ 166.0 Contract liabilities 831.4 814.2 The timing of revenue recognition, billings and cash collections results in accounts receivable, contract assets, and customer advances and deposits (contract liabilities) on the Condensed Consolidated Balance Sheet. In general, the Company receives payments from customers based on a billing schedule established in its contracts. Contract assets relate to the conditional right to consideration for any completed performance under the contract when costs are incurred in excess of billings under the percentage-of-completion methodology. Accounts receivable are recorded when the right to consideration becomes unconditional. Contract liabilities relate to payments received in advance of performance under the contract or when the Company has a right to consideration that is unconditional before it transfers a good or service to the customer. Contract liabilities are recognized as revenue as (or when) the Company performs under the contract. During the three-month period ended March 31, 2018 , changes in contract asset and liability balances were not materially impacted by any other factors. Approximately 75% of the contract liability balance at the beginning of the period is expected to be recognized as revenue during 2018, of which 30% was recognized during the three months ended March 31, 2018 . The remaining 25% of the contract liability balance at the beginning of the period is included within Other noncurrent liabilities and expected to be recognized as revenue during 2019 or thereafter. ASC 606 adoption impact On January 1, 2018, the Company adopted ASC 606 using the modified retrospective approach with a cumulative effect adjustment to increase Retained earnings by $2.4 million . As a result, the Company applied ASC 606 only to contracts that were not completed as of January 1, 2018. Comparative information has not been restated and continues to be reported under the accounting standards in effect for those periods presented. The Company elected to reflect the aggregate effect of all contract modifications that occurred before the beginning of the earliest period presented in determining the transaction price, identifying the satisfied and unsatisfied performance obligations and allocating the transaction price to the satisfied and unsatisfied performance obligations for the modified contract at transition. The effects of this relief are immaterial. The following table summarizes the impact of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Comprehensive Income: Three months ended March 31, 2018 In millions As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Net revenues $ 3,384.5 $ 3,381.2 $ 3.3 Cost of goods sold (2,420.2 ) (2,417.0 ) 3.2 Selling and administrative expenses (720.9 ) (720.9 ) — Operating income 243.4 243.3 0.1 Interest expense (72.9 ) (72.9 ) — Other income/(expense), net (4.0 ) (4.0 ) — Earnings before income taxes 166.5 166.4 0.1 Provision for income taxes (33.0 ) (33.0 ) — Earnings from continuing operations $ 133.5 $ 133.4 $ 0.1 The following table summarizes the impact of adopting ASC 606 on the Company’s Balance Sheet: March 31, 2018 In millions As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Assets Accounts and notes receivable, net $ 2,516.0 $ 2,517.5 $ (1.5 ) Inventories, net 1,778.8 1,782.0 (3.2 ) Other current assets 601.6 591.9 9.7 Other noncurrent assets 807.1 807.1 — Liabilities Accrued expenses and other current liabilities $ 1,685.0 $ 1,680.1 $ 4.9 Deferred and noncurrent income taxes 768.7 768.7 — Other noncurrent liabilities 1,125.3 1,125.3 — Equity Retained earnings $ 8,904.4 $ 8,904.3 $ 0.1 Under ASC 606, the majority of the Company’s revenue continues to be recognized on a similar basis as previous accounting standards. However, certain highly engineered products sold to customers within the Industrial segment for which revenue was previously recognized at a point in time currently meet the criteria of a performance obligation satisfied over time. These contracts consist of equipment that is highly engineered or customized to meet the customer’s requirements. As a result, the Company will have no alternative use for the equipment in the event the customer cancels the contract as well as the right to payment for performance completed to date. In general, this change results in accelerated recognition of revenue and increases in the balance of contract assets compared to the previous revenue recognition standard.

Share-Based Compensation

Share-Based Compensation	3 Months Ended
	Mar. 31, 2018
Share-based Compensation [Abstract]
Share-Based Compensation	Share-Based Compensation The Company accounts for stock-based compensation plans in accordance with ASC 718, "Compensation - Stock Compensation" (ASC 718), which requires a fair-value based method for measuring the value of stock-based compensation. Fair value is measured once at the date of grant and is not adjusted for subsequent changes. The Company’s share-based compensation plans include programs for stock options, restricted stock units (RSUs), performance share units (PSUs) and deferred compensation. Compensation Expense Share-based compensation expense is related to continuing operations and is included in Selling and administrative expenses . The expense recognized for three months ended March 31 was as follows: Three months ended In millions 2018 2017 Stock options $ 12.3 $ 8.7 RSUs 13.3 10.3 Performance shares 4.4 4.4 Other 0.8 1.4 Pre-tax expense 30.8 24.8 Tax benefit (7.5 ) (9.5 ) After-tax expense $ 23.3 $ 15.3 Stock Options / RSUs Eligible participants may receive (i) stock options, (ii) RSUs or (iii) a combination of both stock options and RSUs. The fair value of each of the Company’s stock option and RSU awards is expensed on a straight-line basis over the required service period, which is generally the 3 -year vesting period. However, for stock options and RSUs granted to retirement eligible employees, the Company recognizes an expense for the entire fair value at the grant date. Grants issued during the three months ended March 31 were as follows: 2018 2017 Number granted Weighted- average fair value per award Number granted Weighted- average fair value per award Stock options 1,414,411 $ 15.57 1,498,127 $ 13.45 RSUs 279,901 $ 89.97 310,868 $ 79.76 The average fair value of the stock options granted is determined using the Black-Scholes option-pricing model. The following assumptions were used during the three months ended March 31 : 2018 2017 Dividend yield 2.00 % 2.00 % Volatility 21.65 % 22.46 % Risk-free rate of return 2.48 % 1.80 % Expected life in years 4.8 4.8 A description of the significant assumptions used to estimate the fair value of the stock option awards is as follows: • Volatility - The expected volatility is based on a weighted average of the Company’s implied volatility and the most recent historical volatility of the Company’s stock commensurate with the expected life. • Risk-free rate of return - The Company applies a yield curve of continuous risk-free rates based upon the published U.S. Treasury spot rates on the grant date. • Expected life - The expected life of the Company’s stock option awards represents the weighted-average of the actual period since the grant date for all exercised or canceled options and an expected period for all outstanding options. • Dividend yield - The Company determines the dividend yield based upon the expected quarterly dividend payments as of the grant date and the current fair market value of the Company’s stock. • Forfeiture Rate - The Company analyzes historical data of forfeited options to develop a reasonable expectation of the number of options to forfeit prior to vesting per year. This expected forfeiture rate is applied to the Company’s ongoing compensation expense; however, all expense is adjusted to reflect actual vestings and forfeitures. Performance Shares The Company has a Performance Share Program (PSP) for key employees. The program provides awards in the form of PSUs based on performance against pre-established objectives. The annual target award level is expressed as a number of the Company's ordinary shares based on the fair market value of the Company's stock on the date of grant. All PSUs are settled in the form of ordinary shares. During the three months ended March 31, 2018 , the Company granted PSUs with a maximum award level of approximately 0.4 million shares with a weighted-average fair value per award of $ 106.09 . PSUs granted during the three months ended March 31, 2017 approximated 0.4 million shares with a weighted-average fair value per award of $93.15 . Beginning with the 2018 grant year, PSU awards are earned based 50% upon a performance condition, measured by relative Cash Flow Return on Invested Capital (CROIC) growth to the industrial group of companies in the S&P 500 Index over a 3-year performance period, and 50% upon a market condition, measured by the Company's relative total shareholder return (TSR) as compared to the TSR of the industrial group of companies in the S&P 500 Index over a 3-year performance period. The fair value of the market condition is estimated using a Monte Carlo Simulation approach in a risk-neutral framework based upon historical volatility, risk-free rates and correlation matrix. Awards granted prior to 2018 are earned based 50% upon a performance condition, measured by relative EPS growth to the industrial group of companies in the S&P 500 Index over a 3-year performance period, and 50% upon a market condition, measured by the Company's relative TSR as compared to the TSR of the industrial group of companies in the S&P 500 Index over the 3-year performance period. Deferred Compensation The Company allows key employees to defer a portion of their eligible compensation into a number of investment choices, including its ordinary share equivalents. Any amounts invested in ordinary share equivalents will be settled in ordinary shares of the Company at the time of distribution.

Other, Net

Other, Net	3 Months Ended
	Mar. 31, 2018
Other Net [Abstract]
Other, Net	Other Income/(Expense), Net The components of Other income/(expense), net for the three months ended March 31 are as follows: Three months ended In millions 2018 2017 Interest income $ 3.6 $ 3.1 Exchange gain (loss) (7.3 ) 1.9 Other components of net periodic benefit cost (3.9 ) (8.2 ) Other activity, net 3.6 (1.5 ) Other income/(expense), net $ (4.0 ) $ (4.7 ) Other income /(expense), net includes the results from activities other than normal business operations such as interest income and foreign currency gains and losses on transactions that are denominated in a currency other than an entity’s functional currency. In addition, the Company includes the components of net periodic benefit cost for pension and post retirement obligations other than the service cost component. Other activity, net includes costs associated with Trane U.S. Inc. for the settlement and defense of asbestos-related claims, insurance settlements on asbestos-related matters and the revaluation of asbestos recoveries. Refer to Note 19, "Commitments and Contingencies," for more information regarding asbestos-related matters.

Income Taxes

Income Taxes	3 Months Ended
	Mar. 31, 2018
Income Tax Disclosure [Abstract]
Income Taxes	Income Taxes In December 2017, the U.S. enacted the Tax Cuts and Jobs Act (the “Act”) which makes widespread changes to the Internal Revenue Code. The Act, among other things, reduced the U.S. federal corporate tax rate from 35% to 21%, requires companies to pay a transition tax on earnings of certain foreign subsidiaries that were previously not subject to U.S. tax and creates new income taxes on certain foreign sourced earnings. The SEC issued Staff Accounting Bulletin No. 118 (SAB 118) which provides guidance on accounting for the tax effects of the Act and allows for adjustments to provisional amounts during a measurement period of up to one year. In accordance with SAB 118, the Company has made reasonable estimates related to (1) the remeasurement of U.S. deferred tax balances for the reduction in the tax rate, (2) the liability for the transition tax and (3) the taxes accrued relating to the change in permanent reinvestment assertion for unremitted earnings of certain foreign subsidiaries. As a result, the Company recognized a net provisional income tax benefit of $21.0 million associated with these items in 2017. The components of the provisional amounts recognized as part of the Act are as follows: In millions 2018 Remeasurement of deferred tax balances $ (300.6 ) Transition tax 160.7 Change in permanent reinvestment assertion 118.9 Income tax benefit, net $ (21.0 ) The Company is continuing to evaluate how the provisions of the Act will be accounted for under ASC 740, “Income Taxes” (ASC 740). The analysis is provisional and is subject to change due to the additional time required to accurately calculate and review the complex tax law. The Company will continue to assess any regulatory guidance that is issued which could have an impact on the provisional estimates. The Company continues to gather information and is performing additional analysis on these estimates, including, but not limited to, the amount of earnings and profits subject to the transition tax, the calculation of foreign tax credits, the local tax treatment of future distributions of unremitted earnings and in regard to the remeasurement of U.S. deferred taxes, the filing of its 2017 federal and state income tax returns. Measurement period adjustments will be reported as a component of Provision for income taxes in the reporting period the amounts are determined. The final accounting will be completed no later than one year from the enactment of the Act. For the quarter ended March 31, 2018 , the Company has not made any adjustments to the provisional amounts recorded as of December 31, 2017 . The Company accounts for its Provision for income taxes in accordance with ASC 740, which requires an estimate of the annual effective income tax rate for the full year to be applied to the respective interim period, taking into account year-to-date amounts and projected results for the full year. For the three months ended March 31, 2018 and March 31, 2017 , the Company's effective income tax rate was 19.8 % and 18.4 %, respectively. The effective income tax rate for the three months ended March 31, 2018 was lower than the U.S. statutory rate of 21% primarily due to excess tax benefits from employee share-based payments and earnings in non-U.S. jurisdictions, which in aggregate have a lower effective tax rate partially offset by U.S. state and local income taxes. The effective tax rate for the three months ended March 31, 2017 was lower than the U.S. statutory rate of 35% primarily due to excess tax benefits from employee share-based payments and earnings in non-U.S. jurisdictions, which in aggregate have a lower effective tax rate. Total unrecognized tax benefits as of March 31, 2018 and December 31, 2017 were $ 124.4 million and $ 120.5 million , respectively. Although management believes its tax positions and related provisions reflected in the Condensed Consolidated Financial Statements are fully supportable, it recognizes that these tax positions and related provisions may be challenged by various tax authorities. These tax positions and related provisions are reviewed on an ongoing basis and are adjusted as additional facts and information become available, including progress on tax audits, changes in interpretations of tax laws, developments in case law and closing of statute of limitations. To the extent that the ultimate results differ from the original or adjusted estimates of the Company, the effect will be recorded in Provision for income taxes . The Provision for income taxes involves a significant amount of management judgment regarding interpretation of relevant facts and laws in the jurisdictions in which the Company operates. Future changes in applicable laws, projected levels of taxable income and tax planning could change the effective tax rate and tax balances recorded by the Company. In addition, tax authorities periodically review income tax returns filed by the Company and can raise issues regarding its filing positions, timing and amount of income or deductions, and the allocation of income among the jurisdictions in which the Company operates. A significant period of time may elapse between the filing of an income tax return and the ultimate resolution of an issue raised by a revenue authority with respect to that return. In the normal course of business the Company is subject to examination by taxing authorities throughout the world, including such major jurisdictions as Brazil, Canada, China, France, Germany, Ireland, Italy, Mexico, Spain, the Netherlands, the United Kingdom and the United States. These examinations on their own, or any subsequent litigation related to the examinations, may result in additional taxes or penalties against the Company. If the ultimate result of these audits differ from original or adjusted estimates, they could have a material impact on the Company’s tax provision. In general, the examination of the Company’s material tax returns is complete or effectively settled for the years prior to 2008, with certain matters prior to 2008 being resolved through appeals and litigation and also unilateral procedures as provided for under double tax treaties.

Discontinued Operations

Discontinued Operations	3 Months Ended
	Mar. 31, 2018
Discontinued Operations [Abstract]
Disposal Groups, Including Discontinued Operations, Disclosure [Text Block]	Intangible assets associated with these acquisitions primarily relate to technology, trademarks and/or customer relationships and determined using an income approach methodology. Any excess of the purchase price is recognized as goodwill. For certain acquisitions, the Company is still in the process of allocating the purchase price and valuing the acquired assets and liabilities assumed. On January 17, 2018, the Company entered into an agreement with Mitsubishi Electric Corporation (Mitsubishi) to establish a joint venture, pending regulatory review and approval, and customary closing conditions. The joint venture will focus on marketing, selling and supporting variable refrigerant flow (VRF) and ductless heating and air conditioning systems through Trane, American Standard and Mitsubishi channels in the U.S. and select Latin American countries. The Company and Mitsubishi will have equal ownership in the joint venture. It is expected to be operational in the second quarter of 2018. Divestitures The Company has retained costs from previously sold businesses that mainly include expenses related to postretirement benefits, product liability and legal costs (mostly asbestos related). The components of Discontinued operations, net of tax for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Pre-tax earnings (loss) from discontinued operations $ (12.1 ) $ (9.1 ) Tax benefit (expense) 2.7 2.6 Discontinued operations, net of tax $ (9.4 ) $ (6.5 ) Pre-tax earnings (loss) from discontinued operations includes costs associated with Ingersoll Rand Company for the settlement and defense of asbestos-related claims, insurance settlements on asbestos-related matters and the revaluation of its liability for potential future claims. Refer to Note 19, "Commitments and Contingencies," for more information related to asbestos.

Earnings Per Share (EPS)

Earnings Per Share (EPS)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Earnings Per Share (EPS)	Earnings Per Share (EPS) Basic EPS is calculated by dividing Net earnings attributable to Ingersoll-Rand 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 three months ended March 31 : Three months ended In millions 2018 2017 Weighted-average number of basic shares 250.4 259.4 Shares issuable under incentive stock plans 2.6 3.2 Weighted-average number of diluted shares 253.0 262.6 Anti-dilutive shares 1.7 1.6

Business Segment Information

Business Segment Information	3 Months Ended
	Mar. 31, 2018
Segment Reporting [Abstract]
Business Segment Information	Business Segment Information The accounting policies of the operating segments are the same as those described in the summary of significant accounting policies except that the operating segments’ results are prepared on a management basis that is consistent with the manner in which the Company prepares financial information for internal review and decision making. The Company largely evaluates performance based on Segment operating income and Segment operating margins. Intercompany sales between segments are considered immaterial. The Company's Climate segment delivers energy-efficient products and innovative energy services. It includes Trane ® and American Standard ® Heating & Air Conditioning which provide heating, ventilation and air conditioning (HVAC) systems, and commercial and residential building services, parts, support and controls; energy services and building automation through Trane Building Advantage and Nexia; and Thermo King ® transport temperature control solutions. The Company's Industrial segment delivers products and services that enhance energy efficiency, productivity and operations. It includes compressed air and gas systems and services, power tools, material handling systems, ARO ® fluid management equipment, as well as Club Car ® golf, utility and consumer low-speed vehicles. Segment operating income is the measure of profit and loss that the Company's chief operating decision maker uses to evaluate the financial performance of the business and as the basis for performance reviews, compensation and resource allocation. For these reasons, the Company believes that Segment operating income represents the most relevant measure of segment profit and loss. A summary of operations by reportable segment for the three months ended March 31 was as follows: Three months ended In millions 2018 2017 Net revenues Climate $ 2,609.8 $ 2,324.1 Industrial 774.7 676.5 Total $ 3,384.5 $ 3,000.6 Segment operating income Climate $ 260.4 $ 217.3 Industrial 59.9 65.8 Unallocated corporate expense (76.9 ) (68.1 ) Operating income $ 243.4 $ 215.0

Commitments and Contingencies

Commitments and Contingencies	3 Months Ended
	Mar. 31, 2018
Commitments And Contingencies Abstract
Commitments and Contingencies	Commitments and Contingencies The Company is involved in various litigations, claims and administrative proceedings, including those related to environmental, asbestos, and product liability matters. In accordance with ASC 450, "Contingencies," the Company records accruals for loss contingencies when it is both probable that a liability will be incurred and the amount of the loss can be reasonably estimated. Amounts recorded for identified contingent liabilities are estimates, which are reviewed periodically and adjusted to reflect additional information when it becomes available. Subject to the uncertainties inherent in estimating future costs for contingent liabilities, except as expressly set forth in this note, management believes that any liability which may result from these legal matters would not have a material adverse effect on the financial condition, results of operations, liquidity or cash flows of the Company. Environmental Matters The Company continues to be dedicated to environmental and sustainability programs to minimize the use of natural resources, and reduce the utilization and generation of hazardous materials from our manufacturing processes and to remediate identified environmental concerns. As to the latter, the Company is currently engaged in site investigations and remediation activities to address environmental cleanup from past operations at current and former manufacturing facilities. The Company is sometimes a party to environmental lawsuits and claims and has received notices of potential violations of environmental laws and regulations from the Environmental Protection Agency and similar state authorities. It has also been identified as a potentially responsible party (PRP) for cleanup costs associated with off-site waste disposal at federal Superfund and state remediation sites. For all such sites, there are other PRPs and, in most instances, the Company’s involvement is minimal. In estimating its liability, the Company has assumed it will not bear the entire cost of remediation of any site to the exclusion of other PRPs who may be jointly and severally liable. The ability of other PRPs to participate has been taken into account, based on the Company's understanding of the parties’ financial condition and probable contributions on a per site basis. Additional lawsuits and claims involving environmental matters are likely to arise from time to time in the future. Reserves for environmental matters are classified as Accrued expenses and other current liabilities or Other noncurrent liabilities based on their expected term. As of March 31, 2018 and December 31, 2017 , the Company has recorded reserves for environmental matters of $ 43.1 million and $ 41.9 million , respectively. Of these amounts, $ 37.2 million and $36.8 million , respectively, relate to remediation of sites previously disposed of by the Company. Asbestos-Related Matters Certain wholly-owned subsidiaries and former companies of ours are named as defendants in asbestos-related lawsuits in state and federal courts. In virtually all of the suits, a large number of other companies have also been named as defendants. The vast majority of those claims have been filed against either Ingersoll-Rand Company or Trane U.S. Inc. (Trane) and generally allege injury caused by exposure to asbestos contained in certain historical products sold by Ingersoll-Rand Company or Trane, primarily pumps, boilers and railroad brake shoes. None of our existing or previously-owned businesses were a producer or manufacturer of asbestos. The Company engages an outside expert to assist in calculating an estimate of the Company’s total liability for pending and unasserted future asbestos-related claims and annually performs a detailed analysis with the assistance of an outside expert to update its estimated asbestos-related liability. The methodology used to project the Company’s total liability for pending and unasserted potential future asbestos-related claims relied upon and included the following factors, among others: • the outside expert’s interpretation of a widely accepted forecast of the population likely to have been occupationally exposed to asbestos; • epidemiological studies estimating the number of people likely to develop asbestos-related diseases such as mesothelioma and lung cancer; • the Company’s historical experience with the filing of non-malignancy claims and claims alleging other types of malignant diseases filed against the Company relative to the number of lung cancer claims filed against the Company; • the outside expert’s analysis of the number of people likely to file an asbestos-related personal injury claim against the Company based on such epidemiological and historical data and the Company’s most recent three-year claims history; • an analysis of the Company’s pending cases, by type of disease claimed and by year filed; • an analysis of the Company’s most recent three-year history to determine the average settlement and resolution value of claims, by type of disease claimed; • an adjustment for inflation in the future average settlement value of claims, at a 2.5% annual inflation rate, adjusted downward to 1.5% to take account of the declining value of claims resulting from the aging of the claimant population; and • an analysis of the period over which the Company has and is likely to resolve asbestos-related claims against it in the future. At March 31, 2018 and December 31, 2017 , over 80 percent of the open claims against the Company are non-malignancy or unspecified disease claims, many of which have been placed on inactive or deferral dockets and the vast majority of which have little or no settlement value against the Company, particularly in light of recent changes in the legal and judicial treatment of such claims. The Company’s liability for asbestos-related matters and the asset for probable asbestos-related insurance recoveries were included in the following balance sheet accounts: In millions March 31, December 31, Accrued expenses and other current liabilities $ 48.9 $ 48.2 Other noncurrent liabilities 536.0 556.6 Total asbestos-related liabilities $ 584.9 $ 604.8 Other current assets $ 60.6 $ 56.1 Other noncurrent assets 200.3 210.3 Total asset for probable asbestos-related insurance recoveries $ 260.9 $ 266.4 The Company's asbestos insurance receivables related to Ingersoll-Rand Company and Trane were $ 134.0 million and $ 126.9 million at March 31, 2018 , respectively, and $ 138.5 million and $ 127.9 million at December 31, 2017 , respectively. The receivable attributable to Trane for probable insurance recoveries as of March 31, 2018 is entirely supported by settlement agreements between Trane and the respective insurance carriers. Most of these settlement agreements constitute “coverage-in-place” arrangements, in which the insurer signatories agree to reimburse Trane for specified portions of its costs for asbestos bodily injury claims and Trane agrees to certain claims-handling protocols and grants to the insurer signatories certain releases and indemnifications. The costs associated with the settlement and defense of asbestos-related claims, insurance settlements on asbestos-related matters and the revaluation of the Company's liability for potential future claims are included in the income statement within continuing operations or discontinued operations depending on the business to which they relate. The income (expense) associated with these transactions, for the three months ended March 31 , were as follows: Three months ended In millions 2018 2017 Continuing operations $ 1.5 $ — Discontinued operations (7.2 ) (3.3 ) Total $ (5.7 ) $ (3.3 ) Ongoing income and expenses associated with Ingersoll-Rand Company's asbestos-related matters are recorded within discontinued operations as they relate to previously divested businesses, primarily Ingersoll-Dresser Pump, which was sold by the Company in 2000. Ongoing income and expenses associated with Trane’s asbestos-related matters are recorded within continuing operations. In 2012 and 2013, Ingersoll-Rand Company filed actions in the Superior Court of New Jersey, Middlesex County, seeking a declaratory judgment and other relief regarding the Company’s rights to defense and indemnity for asbestos claims. The defendants were several dozen solvent insurance companies, including companies that had been paying a portion of Ingersoll-Rand Company’s asbestos claim defense and indemnity costs. The responding defendants generally challenged the Company’s right to recovery, and raised various coverage defenses. Since filing the actions, Ingersoll-Rand Company has settled with approximately two-thirds of the insurer defendants, and has dismissed one of the actions in its entirety. The Company continually monitors the status of pending litigation that could impact the allocation of asbestos claims against the Company's various insurance policies. The Company has concluded that its Ingersoll-Rand Company insurance receivable is probable of recovery because of the following factors: • Ingersoll-Rand Company has reached favorable settlements regarding asbestos coverage claims for the majority of its recorded asbestos-related insurance receivable; • a review of other companies in circumstances comparable to Ingersoll-Rand Company, including Trane, and the success of other companies in recovering under their insurance policies, including Trane's favorable settlements referenced above; • the Company's confidence in its right to recovery under the terms of its policies and pursuant to applicable law; and • the Company's history of receiving payments under the Ingersoll-Rand Company insurance program, including under policies that had been the subject of prior litigation. The amounts recorded by the Company for asbestos-related liabilities and insurance-related assets are based on currently available information. The Company’s actual liabilities or insurance recoveries could be significantly higher or lower than those recorded if assumptions used in the calculations vary significantly from actual results. Key variables in these assumptions include the number and type of new claims to be filed each year, the average cost of resolution of each such new claim, the resolution of coverage issues with insurance carriers, and the solvency risk with respect to the Company’s insurance carriers. Furthermore, predictions with respect to these variables are subject to greater uncertainty as the projection period lengthens. Other factors that may affect the Company’s liability include uncertainties surrounding the litigation process from jurisdiction to jurisdiction and from case to case, reforms that may be made by state and federal courts, and the passage of state or federal tort reform legislation. The aggregate amount of the stated limits in insurance policies available to the Company for asbestos-related claims acquired over many years and from many different carriers, is substantial. However, limitations in that coverage, primarily due to the considerations described above, are expected to result in the projected total liability to claimants substantially exceeding the probable insurance recovery. Warranty Liability Standard product warranty accruals are recorded at the time of sale and are estimated based upon product warranty terms and historical experience. The Company assesses the adequacy of its liabilities and will make adjustments as necessary based on known or anticipated warranty claims, or as new information becomes available. The changes in the standard product warranty liability for the three months ended March 31 were as follows: In millions 2018 2017 Balance at beginning of period $ 270.5 $ 261.6 Reductions for payments (35.5 ) (31.1 ) Accruals for warranties issued during the current period 34.0 28.3 Changes to accruals related to preexisting warranties 1.0 (1.8 ) Translation 1.5 1.2 Balance at end of period $ 271.5 $ 258.2 Standard product warranty liabilities are classified as Accrued expenses and other current liabilities or Other noncurrent liabilities based on their expected term. The Company's total current standard product warranty reserve at March 31, 2018 and December 31, 2017 was $ 146.7 million and $ 144.5 million , respectively. The Company's extended warranty liability represents the deferred revenue associated with its extended warranty contracts and is amortized into Net revenues on a straight-line basis over the life of the contract, unless another method is more representative of the costs incurred. The Company assesses the adequacy of its liability by evaluating the expected costs under its existing contracts to ensure these expected costs do not exceed the extended warranty liability. The changes in the extended warranty liability for the three months ended March 31 were as follows: In millions 2018 2017 Balance at beginning of period $ 293.0 $ 295.9 Amortization of deferred revenue for the period (26.0 ) (25.1 ) Additions for extended warranties issued during the period 23.8 24.4 Changes to accruals related to preexisting warranties (0.3 ) 0.5 Translation 0.4 0.3 Balance at end of period $ 290.9 $ 296.0 The extended warranty liability is classified as Accrued expenses and other current liabilities or Other noncurrent liabilities based on the timing of when the deferred revenue is expected to be amortized into revenue. The Company's total current extended warranty liability at March 31, 2018 and December 31, 2017 was $ 100.5 million and $ 100.0 million , respectively. Other Commitments and Contingencies Trane has commitments and performance guarantees, including energy savings guarantees, totaling approximately $ 393 million extending from 2018-2037. These guarantees are provided under long-term service and maintenance contracts related to its air conditioning equipment and system controls. Through March 31, 2018 , the Company has experienced no significant losses under such arrangements and considers the probability of any significant future losses to be remote.

Guarantor Financial Information

Guarantor Financial Information	3 Months Ended
	Mar. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Guarantor Financial Information	Guarantor Financial Information Ingersoll-Rand plc (Plc or Parent Company) and certain of its 100% directly or indirectly owned subsidiaries provide guarantees of public debt issued by other 100% directly or indirectly owned subsidiaries. The following condensed consolidating financial information is provided so that separate financial statements of these subsidiary issuer and guarantors are not required to be filed with the U.S. Securities and Exchange Commission. The following table shows the Company’s guarantor relationships as of March 31, 2018 : Parent, issuer or guarantors Notes issued Notes guaranteed (1) Ingersoll-Rand plc (Plc) None All registered notes and debentures Ingersoll-Rand Irish Holdings Unlimited Company (Irish Holdings) None All notes issued by Global Holding and Lux Finance Ingersoll-Rand Lux International Holding Company S.à.r.l. (Lux International) None All notes issued by Global Holding and Lux Finance Ingersoll-Rand Global Holding Company Limited (Global Holding) 2.900% Senior notes due 2021 4.250% Senior notes due 2023 3.750% Senior notes due 2028 5.750% Senior notes due 2043 4.300% Senior notes due 2048 All notes issued by Lux Finance Ingersoll-Rand Company (New Jersey) 9.000% Debentures due 2021 7.200% Debentures due 2018-2025 6.480% Debentures due 2025 Puttable debentures due 2027-2028 All notes issued by Global and Lux Finance Ingersoll-Rand Luxembourg Finance S.A. (Lux Finance) 2.625% Notes due 2020 3.550% Notes due 2024 4.650% Notes due 2044 All notes and debentures issued by Global and New Jersey (1) All subsidiary issuers and all guarantors provide irrevocable guarantees of borrowings, if any, made under revolving credit facilities. Each subsidiary debt issuer and guarantor is owned 100% directly or indirectly by the Parent Company. Each guarantee is full and unconditional, and provided on a joint and several basis. There are no significant restrictions of the Parent Company, or any guarantor, to obtain funds from its subsidiaries, such as provisions in debt agreements that prohibit dividend payments, loans or advances to the parent by a subsidiary. Basis of presentation The following Condensed Consolidating Financial Statements present the financial position, results of operations and cash flows of each issuer or guarantor on a legal entity basis. The financial information for all periods has been presented based on the Company’s legal entity ownerships and guarantees outstanding at March 31, 2018 . Assets and liabilities are attributed to each issuer and guarantor generally based on legal entity ownership. Investments in subsidiaries of the Parent Company, subsidiary guarantors and issuers represent the proportionate share of their subsidiaries’ net assets. Certain adjustments are needed to consolidate the Parent Company and its subsidiaries, including the elimination of investments in subsidiaries and related activity that occurs between entities in different columns. These adjustments are presented in the Consolidating Adjustments column. This basis of presentation is intended to comply with the specific reporting requirements for subsidiary issuers and guarantors, and is not intended to present the Company’s financial position or results of operations or cash flows for any other purpose. Condensed Consolidating Statement of Comprehensive Income For the three months ended March 31, 2018 In millions Plc Irish Lux International Global New Lux Other Consolidating Net revenues $ — $ — $ — $ — $ 347.6 $ — $ 3,140.7 $ (103.8 ) $ 3,384.5 Cost of goods sold — — — — (253.8 ) — (2,270.2 ) 103.8 (2,420.2 ) Selling and administrative expenses (1.7 ) — — (0.1 ) (136.3 ) — (582.8 ) — (720.9 ) Operating income (loss) (1.7 ) — — (0.1 ) (42.5 ) — 287.7 — 243.4 Equity earnings (loss) in subsidiaries, net of tax 124.2 123.5 110.9 118.3 162.7 39.2 — (678.8 ) — Interest expense — — — (50.3 ) (11.8 ) (10.6 ) (0.2 ) — (72.9 ) Intercompany interest and fees (1.0 ) — 4.0 (27.8 ) 6.3 (2.4 ) 20.9 — — Other income/(expense), net — — — 0.7 (3.6 ) 0.1 (1.2 ) — (4.0 ) Earnings (loss) before income taxes 121.5 123.5 114.9 40.8 111.1 26.3 307.2 (678.8 ) 166.5 Benefit (provision) for income taxes (1.1 ) — 0.3 17.7 16.4 — (66.3 ) — (33.0 ) Earnings (loss) from continuing operations 120.4 123.5 115.2 58.5 127.5 26.3 240.9 (678.8 ) 133.5 Discontinued operations, net of tax — — — — (9.3 ) — (0.1 ) — (9.4 ) Net earnings (loss) 120.4 123.5 115.2 58.5 118.2 26.3 240.8 (678.8 ) 124.1 Less: Net earnings attributable to noncontrolling interests — — — — — — (3.7 ) — (3.7 ) Net earnings (loss) attributable to Ingersoll-Rand plc $ 120.4 $ 123.5 $ 115.2 $ 58.5 $ 118.2 $ 26.3 $ 237.1 $ (678.8 ) $ 120.4 Other comprehensive income (loss), net of tax 152.1 151.9 144.2 105.8 105.2 37.3 145.8 (690.2 ) 152.1 Comprehensive income (loss) attributable to Ingersoll-Rand plc $ 272.5 $ 275.4 $ 259.4 $ 164.3 $ 223.4 $ 63.6 $ 382.9 $ (1,369.0 ) $ 272.5 Condensed Consolidating Statement of Comprehensive Income For the three months ended March 31, 2017 in millions Plc Irish Lux International Global New Lux Other Consolidating Net revenues $ — $ — $ — $ — $ 316.3 $ — $ 2,777.8 $ (93.5 ) $ 3,000.6 Cost of goods sold — — — — (234.6 ) — (1,985.0 ) 93.5 (2,126.1 ) Selling and administrative expenses (2.3 ) — — (0.9 ) (121.3 ) (0.1 ) (534.9 ) — (659.5 ) Operating income (loss) (2.3 ) — — (0.9 ) (39.6 ) (0.1 ) 257.9 — 215.0 Equity earnings (loss) in subsidiaries, net of tax 124.9 117.4 93.9 23.0 107.1 6.0 — (472.3 ) — Interest expense — — — (31.7 ) (11.9 ) (10.3 ) (0.1 ) — (54.0 ) Intercompany interest and fees (5.8 ) — (13.5 ) (42.7 ) (74.2 ) (1.9 ) 138.1 — — Other income/(expense), net — — — — (2.7 ) — (2.0 ) — (4.7 ) Earnings (loss) before income taxes 116.8 117.4 80.4 (52.3 ) (21.3 ) (6.3 ) 393.9 (472.3 ) 156.3 Benefit (provision) for income taxes 0.3 — — 27.4 50.0 — (106.4 ) — (28.7 ) Earnings (loss) from continuing operations 117.1 117.4 80.4 (24.9 ) 28.7 (6.3 ) 287.5 (472.3 ) 127.6 Discontinued operations, net of tax — — — — (5.8 ) — (0.7 ) — (6.5 ) Net earnings (loss) 117.1 117.4 80.4 (24.9 ) 22.9 (6.3 ) 286.8 (472.3 ) 121.1 Less: Net earnings attributable to noncontrolling interests — — — — — — (4.0 ) — (4.0 ) Net earnings (loss) attributable to Ingersoll-Rand plc $ 117.1 $ 117.4 $ 80.4 $ (24.9 ) $ 22.9 $ (6.3 ) $ 282.8 $ (472.3 ) $ 117.1 Other comprehensive income (loss), net of tax 120.6 120.3 114.9 78.0 77.9 36.1 118.1 (545.3 ) 120.6 Comprehensive income (loss) attributable to Ingersoll-Rand plc $ 237.7 $ 237.7 $ 195.3 $ 53.1 $ 100.8 $ 29.8 $ 400.9 $ (1,017.6 ) $ 237.7 Condensed Consolidating Balance Sheet March 31, 2018 In millions Plc Irish Lux International Global New Lux Other Consolidating ASSETS Current assets: Cash and cash equivalents $ — $ — $ 0.1 $ — $ 35.6 $ 0.1 $ 1,139.3 $ — $ 1,175.1 Accounts and notes receivable, net — — — 0.5 162.6 — 2,352.9 — 2,516.0 Inventories, net — — — — 160.7 — 1,618.1 — 1,778.8 Other current assets 0.3 — 5.7 107.6 106.0 — 382.0 — 601.6 Intercompany receivables 1,852.8 1,503.9 2,049.7 — 2,053.2 — 4,931.8 (12,391.4 ) — Total current assets 1,853.1 1,503.9 2,055.5 108.1 2,518.1 0.1 10,424.1 (12,391.4 ) 6,071.5 Property, plant and equipment, net — — — — 291.4 — 1,319.9 — 1,611.3 Goodwill and other intangible assets, net — — — — 434.0 — 9,441.2 — 9,875.2 Other noncurrent assets — — 4.3 185.1 449.2 — 550.5 (382.0 ) 807.1 Investments in consolidated subsidiaries 7,530.9 5,986.8 3,001.0 10,619.3 11,159.6 1,228.0 — (39,525.6 ) — Total assets $ 9,384.0 $ 7,490.7 $ 5,060.8 $ 10,912.5 $ 14,852.3 $ 1,228.1 $ 21,735.7 $ (52,299.0 ) $ 18,365.1 LIABILITIES AND EQUITY Current liabilities: Accounts payable and accrued expenses $ 8.3 $ — $ 0.2 $ 23.6 $ 520.5 $ 16.7 $ 3,146.2 $ — $ 3,715.5 Short-term borrowings and current maturities of long-term debt — — — — 350.4 247.9 6.9 — 605.2 Intercompany payables 2,295.0 2.5 918.1 5,523.2 1,832.5 278.2 1,541.9 (12,391.4 ) — Total current liabilities 2,303.3 2.5 918.3 5,546.8 2,703.4 542.8 4,695.0 (12,391.4 ) 4,320.7 Long-term debt — — — 2,328.2 326.9 1,090.1 0.3 — 3,745.5 Other noncurrent liabilities — — — 93.7 1,212.5 — 2,234.3 (382.0 ) 3,158.5 Total liabilities 2,303.3 2.5 918.3 7,968.7 4,242.8 1,632.9 6,929.6 (12,773.4 ) 11,224.7 Equity: Total equity 7,080.7 7,488.2 4,142.5 2,943.8 10,609.5 (404.8 ) 14,806.1 (39,525.6 ) 7,140.4 Total liabilities and equity $ 9,384.0 $ 7,490.7 $ 5,060.8 $ 10,912.5 $ 14,852.3 $ 1,228.1 $ 21,735.7 $ (52,299.0 ) $ 18,365.1 Condensed Consolidating Balance Sheet December 31, 2017 In millions Plc Irish Lux International Global New Lux Other Consolidating ASSETS Current assets: Cash and cash equivalents $ — $ — $ 0.6 $ — $ 359.3 $ — $ 1,189.5 $ — $ 1,549.4 Accounts and notes receivable, net — — — — 166.5 — 2,310.9 — 2,477.4 Inventories, net — — — — 168.5 — 1,386.9 — 1,555.4 Other current assets 0.2 — 5.7 112.6 76.2 — 342.2 — 536.9 Intercompany receivables 1,819.1 9,912.2 2,036.8 — 1,849.9 — 5,014.8 (20,632.8 ) — Total current assets 1,819.3 9,912.2 2,043.1 112.6 2,620.4 — 10,244.3 (20,632.8 ) 6,119.1 Property, plant and equipment, net — — — — 310.6 — 1,240.7 — 1,551.3 Goodwill and other intangible assets, net — — — — 436.0 — 9,242.6 — 9,678.6 Other noncurrent assets — — — 185.4 471.1 — 550.8 (383.0 ) 824.3 Investments in consolidated subsidiaries 7,318.1 1,684.2 2,953.9 10,480.3 10,923.7 1,150.9 — (34,511.1 ) — Total assets $ 9,137.4 $ 11,596.4 $ 4,997.0 $ 10,778.3 $ 14,761.8 $ 1,150.9 $ 21,278.4 $ (55,526.9 ) $ 18,173.3 LIABILITIES AND EQUITY Current liabilities: Accounts payable and accrued expenses $ 8.5 $ — $ 0.2 $ 27.3 $ 572.3 $ 6.9 $ 3,105.8 $ — $ 3,721.0 Short-term borrowings and current maturities of long-term debt — — — 749.6 350.4 — 7.0 — 1,107.0 Intercompany payables 1,988.3 — 9,316.7 5,481.1 1,790.0 523.3 1,533.4 (20,632.8 ) — Total current liabilities 1,996.8 — 9,316.9 6,258.0 2,712.7 530.2 4,646.2 (20,632.8 ) 4,828.0 Long-term debt — — — 1,539.9 326.8 1,089.7 0.6 — 2,957.0 Other noncurrent liabilities 0.3 — — 92.4 1,251.8 — 2,219.9 (383.0 ) 3,181.4 Total liabilities 1,997.1 — 9,316.9 7,890.3 4,291.3 1,619.9 6,866.7 (21,015.8 ) 10,966.4 Equity: Total equity 7,140.3 11,596.4 (4,319.9 ) 2,888.0 10,470.5 (469.0 ) 14,411.7 (34,511.1 ) 7,206.9 Total liabilities and equity $ 9,137.4 $ 11,596.4 $ 4,997.0 $ 10,778.3 $ 14,761.8 $ 1,150.9 $ 21,278.4 $ (55,526.9 ) $ 18,173.3 Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2018 in millions Plc Irish Lux International Global New Lux Other Consolidating CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by (used in) continuing operating activities $ 102.6 $ — $ — $ (32.2 ) $ 19.6 $ (0.3 ) $ (135.5 ) $ — $ (45.8 ) Net cash provided by (used in) discontinued operating activities — — — — (20.3 ) — (0.1 ) — (20.4 ) Net cash provided by (used in) operating activities 102.6 — — (32.2 ) (0.7 ) (0.3 ) (135.6 ) — (66.2 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — — — (8.8 ) — (44.0 ) — (52.8 ) Acquisition of businesses, net of cash acquired — — — — — — (201.6 ) — (201.6 ) Advance to equity investment — — (4.0 ) — — — — — (4.0 ) Proceeds from sale of property, plant and equipment — — — — — — 0.7 — 0.7 Intercompany investing activities, net — — (0.5 ) — (208.8 ) — 287.0 (77.7 ) — Net cash provided by (used in) continuing investing activities — — (4.5 ) — (217.6 ) — 42.1 (77.7 ) (257.7 ) CASH FLOWS FROM FINANCING ACTIVITIES: Net proceeds (repayments) from debt — — — 31.6 — 247.9 — — 279.5 Debt issuance costs — — — (8.5 ) — — — — (8.5 ) Dividends paid to ordinary shareholders (111.6 ) — — — — — — — (111.6 ) Dividends paid to noncontrolling interests — — — — — — (11.0 ) — (11.0 ) Repurchase of ordinary shares (250.0 ) — — — — — — — (250.0 ) Other financing activities, net 6.6 — — — (0.4 ) — (1.0 ) — 5.2 Intercompany financing activities, net 252.4 — 4.0 9.1 (105.0 ) (247.5 ) 9.3 77.7 — Net cash provided by (used in) continuing financing activities (102.6 ) — 4.0 32.2 (105.4 ) 0.4 (2.7 ) 77.7 (96.4 ) Effect of exchange rate changes on cash and cash equivalents — — — — — — 46.0 — 46.0 Net increase (decrease) in cash and cash equivalents — — (0.5 ) — (323.7 ) 0.1 (50.2 ) — (374.3 ) Cash and cash equivalents - beginning of period — — 0.6 — 359.3 — 1,189.5 — 1,549.4 Cash and cash equivalents - end of period $ — $ — $ 0.1 $ — $ 35.6 $ 0.1 $ 1,139.3 $ — $ 1,175.1 Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2017 in millions Plc Irish Lux International Global New Lux Other Consolidating CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by (used in) continuing operating activities $ 21.6 $ — $ — $ (72.6 ) $ 27.3 $ — $ (9.6 ) $ — $ (33.3 ) Net cash provided by (used in) discontinued operating activities — — — — (17.8 ) — 7.7 — (10.1 ) Net cash provided by (used in) operating activities 21.6 — — (72.6 ) 9.5 — (1.9 ) — (43.4 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — — — (10.5 ) — (24.7 ) — (35.2 ) Acquisition of businesses, net of cash acquired — — — — — — (9.8 ) — (9.8 ) Proceeds from sale of property, plant and equipment — — — — — — 0.4 — 0.4 Intercompany investing activities, net — — 1,153.2 72.8 — 11.6 919.7 (2,157.3 ) — Net cash provided by (used in) continuing investing activities — — 1,153.2 72.8 (10.5 ) 11.6 885.6 (2,157.3 ) (44.6 ) CASH FLOWS FROM FINANCING ACTIVITIES: Debt issuance costs — — — (0.2 ) — — — — (0.2 ) Dividends paid to ordinary shareholders (102.7 ) — — — — — — — (102.7 ) Dividends paid to noncontrolling interests — — — — — — (6.9 ) — (6.9 ) Repurchase of ordinary shares (250.1 ) — — — — — — — (250.1 ) Other financing activities, net 16.6 — — — — — 1.8 — 18.4 Intercompany financing activities, net 314.7 — (1,153.2 ) — (69.7 ) (11.6 ) (1,237.5 ) 2,157.3 — Net cash provided by (used in) continuing financing activities (21.5 ) — (1,153.2 ) (0.2 ) (69.7 ) (11.6 ) (1,242.6 ) 2,157.3 (341.5 ) Effect of exchange rate changes on cash and cash equivalents — — — — — — 37.3 — 37.3 Net increase (decrease) in cash and cash equivalents 0.1 — — — (70.7 ) — (321.6 ) — (392.2 ) Cash and cash equivalents - beginning of period — — — — 634.6 — 1,080.1 — 1,714.7 Cash and cash equivalents - end of period $ 0.1 $ — $ — $ — $ 563.9 $ — $ 758.5 $ — $ 1,322.5

Restructuring Costs (Notes)

Restructuring Costs (Notes)	3 Months Ended
	Mar. 31, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Related Activities Disclosure [Text Block]	Restructuring Activities The Company incurs ongoing costs associated with restructuring initiatives intended to result in improved operating performance, profitability and working capital levels. Actions associated with these initiatives may include workforce reduction, improving manufacturing productivity, realignment of management structures and rationalizing certain assets. The following table details restructuring charges recorded during the three months ended March 31 : Three months ended In millions 2018 2017 Climate $ 3.9 $ 28.0 Industrial 35.7 4.7 Corporate and Other 4.8 — Total $ 44.4 $ 32.7 Cost of goods sold $ 36.5 $ 30.3 Selling and administrative expenses 7.9 2.4 Total $ 44.4 $ 32.7 The changes in the restructuring reserve for the three months ended March 31, 2018 were as follows: In millions Climate Industrial Corporate and Other Total December 31, 2017 $ 7.4 $ 6.1 $ 2.5 $ 16.0 Additions, net of reversals 3.9 35.7 4.8 44.4 Cash paid/other (4.4 ) (1.5 ) (2.7 ) (8.6 ) March 31, 2018 $ 6.9 $ 40.3 $ 4.6 $ 51.8 Ongoing restructuring actions primarily include workforce reductions as well as the closure and consolidation of manufacturing facilities in an effort to improve the Company's cost structure. During the first quarter of 2018, the Company announced plans to close a Non-U.S. manufacturing facility within its Industrial segment and relocate production to other U.S. and Non-U.S. facilities. As of March 31, 2018 , the Company had $51.8 million accrued for costs associated with its ongoing restructuring actions, of which a majority is expected to be paid within one year. These actions primarily relate to workforce reduction benefits. In addition, the Company incurred $0.3 million of non-qualified restructuring charges during three months ended March 31, 2018 , which represent costs that are directly attributable to restructuring activities, but do not fall into the severance, exit or disposal category. These non-qualified restructuring charges were incurred to improve the Company's cost structure.

Inventories (Tables)

Inventories (Tables)	3 Months Ended
	Mar. 31, 2018
Inventory, Net [Abstract]
MajorClassesOfInventory [Table Text Block]	The major classes of inventory were as follows: In millions March 31, December 31, Raw materials $ 528.4 $ 502.8 Work-in-process 210.9 180.5 Finished goods 1,106.9 941.0 1,846.2 1,624.3 LIFO reserve (67.4 ) (68.9 ) Total $ 1,778.8 $ 1,555.4

Goodwill (Tables)

Goodwill (Tables)	3 Months Ended
	Mar. 31, 2018
Goodwill Abstract
Changes in Goodwill Carrying Amounts	The changes in the carrying amount of goodwill for the three months ended March 31, 2018 were as follows: In millions Climate Industrial Total Net balance as of December 31, 2017 $ 5,065.1 $ 870.6 $ 5,935.7 Acquisitions (1) 119.9 2.3 122.2 Currency translation 51.9 9.1 61.0 Net balance as of March 31, 2018 $ 5,236.9 $ 882.0 $ 6,118.9 (1) Refer to Note 16, "Acquisitions and Divestitures" for more information regarding acquisitions during the period. The net goodwill balances at March 31, 2018 and December 31, 2017 include $ 2,496.0 million

Intangible Assets (Tables)

Intangible Assets (Tables)	3 Months Ended
	Mar. 31, 2018
Intangible Assets Abstract
Schedule of Intangible Asset Net of Goodwill	The gross amount of the Company’s intangible assets and related accumulated amortization were as follows: March 31, 2018 December 31, 2017 In millions Gross carrying amount Accumulated amortization Net carrying amount Gross carrying amount Accumulated amortization Net carrying amount Completed technologies/patents $ 211.3 $ (180.7 ) $ 30.6 $ 209.4 $ (177.3 ) $ 32.1 Customer relationships 2,111.4 (1,091.7 ) 1,019.7 2,068.9 (1,056.9 ) 1,012.0 Other 86.6 (50.8 ) 35.8 93.9 (52.7 ) 41.2 Total finite-lived intangible assets 2,409.3 (1,323.2 ) 1,086.1 2,372.2 (1,286.9 ) 1,085.3 Trademarks (indefinite-lived) 2,670.2 — 2,670.2 2,657.6 — 2,657.6 Total $ 5,079.5 $ (1,323.2 ) $ 3,756.3 $ 5,029.8 $ (1,286.9 ) $ 3,742.9

Debt and Credit Facilities (Tab

Debt and Credit Facilities (Tables)	3 Months Ended
	Mar. 31, 2018
Debt Credit Facilities
Short-Term Borrowings and Current Maturities of Long-Term Debt	Short-term borrowings and current maturities of long-term debt consisted of the following: In millions March 31, December 31, Debentures with put feature $ 343.0 $ 343.0 6.875% Senior notes due 2018 (1) — 749.6 Commercial Paper 247.9 — Other current maturities of long-term debt 7.7 7.7 Short-term borrowings 6.6 6.7 Total $ 605.2 $ 1,107.0
Long-Term Debt Excluding Current Maturities	Long-term debt , excluding current maturities, consisted of the following: In millions March 31, December 31, 2.875% Senior notes due 2019 (1) — 349.4 2.625% Senior notes due 2020 299.0 298.9 2.900% Senior notes due 2021 297.7 — 9.000% Debentures due 2021 124.9 124.9 4.250% Senior notes due 2023 696.7 696.5 7.200% Debentures due 2018-2025 52.3 52.3 3.550% Senior notes due 2024 495.4 495.2 6.480% Debentures due 2025 149.7 149.7 3.750% Senior notes due 2028 544.0 — 5.750% Senior notes due 2043 494.1 494.0 4.650% Senior notes due 2044 295.6 295.6 4.300% Senior notes due 2048 295.7 — Other loans and notes 0.4 0.5 Total $ 3,745.5 $ 2,957.0

Financial Instruments (Tables)

Financial Instruments (Tables)	3 Months Ended
	Mar. 31, 2018
Financial Instruments Abstract
Schedule Of Derivatives Designated As Hedges Affecting Condensed Consolidated Income Statement And Accumulated Other Comprehensive Income [Text Block]	The following table represents the amounts associated with derivatives designated as hedges affecting Net earnings and AOCI for the three months ended March 31 : Amount of gain (loss) Location of gain (loss) reclassified from Amount of gain (loss) In millions 2018 2017 2018 2017 Currency derivatives designated as hedges $ 2.1 $ 1.2 Cost of goods sold $ (0.4 ) $ (0.3 ) Interest rate swaps & locks — — Interest expense (0.6 ) (0.1 ) Total $ 2.1 $ 1.2 $ (1.0 ) $ (0.4 )
Schedule of Gains and Losses of Derivative Financial Instruments Not Designated as Hedges	The following table represents the amounts associated with derivatives not designated as hedges affecting Other income/(expense), net for the three months ended March 31 : Amount of gain (loss) In millions 2018 2017 Currency derivatives not designated as hedges $ 9.7 $ 20.0 Total $ 9.7 $ 20.0

Fair Value Measurements (Tables

Fair Value Measurements (Tables)	3 Months Ended
	Mar. 31, 2018
Fair Value, Balance Sheet Grouping, Financial Statement Captions [Line Items]
Fair Value, by Balance Sheet Grouping [Table Text Block]	The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of March 31, 2018 : In millions Fair Value Fair value measurements Level 1 Level 2 Level 3 Assets: Derivative instruments $ 12.3 $ — $ 12.3 $ — Liabilities: Derivative instruments $ 5.7 $ — $ 5.7 $ — The following table presents the Company’s fair value hierarchy for those assets and liabilities measured at fair value on a recurring basis as of December 31, 2017 : In Millions Fair Value Fair value measurements Level 1 Level 2 Level 3 Assets: Derivative instruments $ 7.2 $ — $ 7.2 $ — Liabilities: Derivative instruments $ 2.5 $ — $ 2.5 $ —

Pensions and Postretirement B31

Pensions and Postretirement Benefits Other than Pensions (Tables)	3 Months Ended
	Mar. 31, 2018
Pension Plan, Defined Benefit [Member]
Schedule of Net Periodic Benefit Cost	The components of the Company’s net periodic pension benefit cost for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Service cost $ 17.9 $ 17.8 Interest cost 27.0 27.0 Expected return on plan assets (36.9 ) (35.2 ) Net amortization of: Prior service costs 1.1 1.0 Net actuarial losses 12.5 13.6 Net periodic pension benefit cost $ 21.6 $ 24.2 Net curtailment and settlement (gains) losses — 2.3 Net periodic pension benefit cost after net curtailment and settlement (gains) losses $ 21.6 $ 26.5 Amounts recorded in continuing operations: Operating income $ 17.6 $ 17.1 Other income/(expense), net 1.9 7.0 Amounts recorded in discontinued operations 2.1 2.4 Total $ 21.6 $ 26.5
Other Postretirement Benefit Plan, Defined Benefit [Member]
Schedule of Net Periodic Benefit Cost	The components of net periodic postretirement benefit cost for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Service cost $ 0.7 $ 0.8 Interest cost 3.8 4.3 Net amortization of: Prior service gains (1.0 ) (2.2 ) Net actuarial losses — — Net periodic postretirement benefit cost $ 3.5 $ 2.9 Amounts recorded in continuing operations: Operating income $ 0.7 $ 0.8 Other income/(expense), net 2.0 1.2 Amounts recorded in discontinued operations 0.8 0.9 Total $ 3.5 $ 2.9

Equity (Tables)

Equity (Tables)	3 Months Ended
	Mar. 31, 2018
Stockholders' Equity Note [Abstract]
Reconciliation of Ordinary Shares	Changes in ordinary shares and treasury shares for the three months ended March 31, 2018 are as follows: In millions Ordinary shares issued Ordinary shares held in treasury December 31, 2017 274.0 24.5 Shares issued under incentive plans, net 1.3 — Repurchase of ordinary shares (2.8 ) — March 31, 2018 272.5 24.5
Components Of Shareholders Equity Rollforward	The components of Equity for the three months ended March 31, 2018 were as follows: In millions Shareholders’ Noncontrolling Total Balance at December 31, 2017 $ 7,140.3 $ 66.6 $ 7,206.9 Net earnings 120.4 3.7 124.1 Currency translation 143.9 0.4 144.3 Derivatives qualifying as cash flow hedges, net of tax 2.8 — 2.8 Pension and OPEB adjustments, net of tax 5.4 — 5.4 Total comprehensive income (loss) 272.5 4.1 276.6 Share-based compensation 30.0 — 30.0 Adoption of ASC 606 2.4 — 2.4 Adoption of ASU 2016-16 (9.1 ) — (9.1 ) Dividends declared to noncontrolling interests — (11.0 ) (11.0 ) Dividends declared to ordinary shareholders (112.0 ) — (112.0 ) Shares issued under incentive plans, net of tax benefit 6.6 — 6.6 Repurchase of ordinary shares (250.0 ) — (250.0 ) Balance at March 31, 2018 $ 7,080.7 $ 59.7 $ 7,140.4 The components of Equity for the three months ended March 31, 2017 were as follows: In millions Shareholders’ Noncontrolling Total Balance at December 31, 2016 $ 6,643.8 $ 74.5 $ 6,718.3 Net earnings 117.1 4.0 121.1 Currency translation 112.4 (1.5 ) 110.9 Derivatives qualifying as cash flow hedges, net of tax 1.6 — 1.6 Pension and OPEB adjustments, net of tax 6.6 — 6.6 Total comprehensive income (loss) 237.7 2.5 240.2 Share-based compensation 23.3 — 23.3 Adoption of ASU 2016-09 (1) 15.1 15.1 Dividends declared to noncontrolling interests — (6.9 ) (6.9 ) Dividends declared to ordinary shareholders (103.0 ) — (103.0 ) Shares issued under incentive plans, net of tax benefit 16.8 — 16.8 Repurchase of ordinary shares (250.1 ) — (250.1 ) Other 0.2 — 0.2 Balance at March 31, 2017 $ 6,583.8 $ 70.1 $ 6,653.9
Schedule of Accumulated Other Comprehensive Income (Loss)	Other Comprehensive Income (Loss) The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2018 are as follows: In millions Derivative Instruments Pension and OPEB Foreign Currency Translation Total Balance at December 31, 2017 $ 4.7 $ (494.3 ) $ (289.2 ) $ (778.8 ) Other comprehensive income (loss) before reclassifications 2.1 (4.6 ) 143.9 141.4 Amounts reclassified from AOCI 1.0 12.6 — 13.6 Provision for income taxes (0.3 ) (2.6 ) — (2.9 ) Net current period other comprehensive income (loss) $ 2.8 $ 5.4 $ 143.9 $ 152.1 Balance at March 31, 2018 $ 7.5 $ (488.9 ) $ (145.3 ) $ (626.7 ) The changes in Accumulated other comprehensive income (loss) for the three months ended March 31, 2017 are as follows: In millions Derivative Instruments Pension and OPEB Foreign Currency Translation Total Balance at December 31, 2016 $ 2.9 $ (554.4 ) $ (739.0 ) $ (1,290.5 ) Other comprehensive income (loss) before reclassifications 1.2 (0.8 ) 112.4 112.8 Amounts reclassified from AOCI 0.4 12.4 — 12.8 Provision for income taxes — (5.0 ) — (5.0 ) Net current period other comprehensive income (loss) $ 1.6 $ 6.6 $ 112.4 $ 120.6 Balance at March 31, 2017 $ 4.5 $ (547.8 ) $ (626.6 ) $ (1,169.9 )
Equity	The reclassifications out of Accumulated other comprehensive income (loss) for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Derivative Instruments Reclassifications of deferred (gains) losses (1) $ 1.0 $ 0.4 Provision for (benefit from) income taxes 0.2 (0.1 ) Reclassifications, net of taxes $ 1.2 $ 0.3 Pension and Postretirement benefits Amortization of service costs (2) $ 0.1 $ (1.2 ) Amortization of actuarial losses (2) 12.5 13.6 Provision for (benefit from) income taxes (2.6 ) (5.0 ) Reclassifications, net of taxes $ 10.0 $ 7.4 Total reclassifications, net of taxes $ 11.2 $ 7.7 (1) Reclassifications of interest rate swaps and locks are reflected within Interest expense ; reclassifications of currency derivatives designated as hedges are reflected in Cost of goods sold . (2) Reclassifications of the service cost component of pension and postretirement benefit costs are reflected within Operating income ; the remaining components are included within Other income/(expense), net . i

Revenue (Tables)

Revenue (Tables)	3 Months Ended
	Mar. 31, 2018
Revenue from Contract with Customer [Abstract]
Disaggregation of revenues	A summary of Net revenues by destination for the three months ended March 31, 2018 is as follows: In millions 2018 Climate United States $ 1,711.8 Non-U.S. 898.0 Total Climate $ 2,609.8 Industrial United States $ 414.6 Non-U.S. 360.1 Total Industrial $ 774.7 A summary of Net revenues by major type of good or service for the three months ended March 31, 2018 is as follows: In millions 2018 Climate Equipment $ 1,771.5 Services and parts 838.3 Total Climate $ 2,609.8 Industrial Equipment $ 470.6 Services and parts 304.1 Total Industrial $ 774.7
Schedule of assets and liabilities from contracts with customers	The opening and closing balances of contract assets and contract liabilities arising from contracts with customers for the period ended March 31, 2018 and December 31, 2017 were as follows: In millions March 31, 2018 December 31, 2017 Contract assets $ 188.0 $ 166.0 Contract liabilities 831.4 814.2
Schedule of new accounting pronouncements	The following table summarizes the impact of adopting ASC 606 on the Company’s Condensed Consolidated Statements of Comprehensive Income: Three months ended March 31, 2018 In millions As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Net revenues $ 3,384.5 $ 3,381.2 $ 3.3 Cost of goods sold (2,420.2 ) (2,417.0 ) 3.2 Selling and administrative expenses (720.9 ) (720.9 ) — Operating income 243.4 243.3 0.1 Interest expense (72.9 ) (72.9 ) — Other income/(expense), net (4.0 ) (4.0 ) — Earnings before income taxes 166.5 166.4 0.1 Provision for income taxes (33.0 ) (33.0 ) — Earnings from continuing operations $ 133.5 $ 133.4 $ 0.1 The following table summarizes the impact of adopting ASC 606 on the Company’s Balance Sheet: March 31, 2018 In millions As Reported Balances Without Adoption of ASC 606 Effect of Change Higher/(Lower) Assets Accounts and notes receivable, net $ 2,516.0 $ 2,517.5 $ (1.5 ) Inventories, net 1,778.8 1,782.0 (3.2 ) Other current assets 601.6 591.9 9.7 Other noncurrent assets 807.1 807.1 — Liabilities Accrued expenses and other current liabilities $ 1,685.0 $ 1,680.1 $ 4.9 Deferred and noncurrent income taxes 768.7 768.7 — Other noncurrent liabilities 1,125.3 1,125.3 — Equity Retained earnings $ 8,904.4 $ 8,904.3 $ 0.1

Share-Based Compensation (Table

Share-Based Compensation (Tables)	3 Months Ended
	Mar. 31, 2018
Share-based Compensation [Abstract]
Share-Based Compensation Expense	The expense recognized for three months ended March 31 was as follows: Three months ended In millions 2018 2017 Stock options $ 12.3 $ 8.7 RSUs 13.3 10.3 Performance shares 4.4 4.4 Other 0.8 1.4 Pre-tax expense 30.8 24.8 Tax benefit (7.5 ) (9.5 ) After-tax expense $ 23.3 $ 15.3
Grants of Stock Options and RSUs	Grants issued during the three months ended March 31 were as follows: 2018 2017 Number granted Weighted- average fair value per award Number granted Weighted- average fair value per award Stock options 1,414,411 $ 15.57 1,498,127 $ 13.45 RSUs 279,901 $ 89.97 310,868 $ 79.76
Average fair value of stock options, assumptions	The following assumptions were used during the three months ended March 31 : 2018 2017 Dividend yield 2.00 % 2.00 % Volatility 21.65 % 22.46 % Risk-free rate of return 2.48 % 1.80 % Expected life in years 4.8 4.8

Other, Net (Tables)

Other, Net (Tables)	3 Months Ended
	Mar. 31, 2018
Other Net [Abstract]
Other, Net	The components of Other income/(expense), net for the three months ended March 31 are as follows: Three months ended In millions 2018 2017 Interest income $ 3.6 $ 3.1 Exchange gain (loss) (7.3 ) 1.9 Other components of net periodic benefit cost (3.9 ) (8.2 ) Other activity, net 3.6 (1.5 ) Other income/(expense), net $ (4.0 ) $ (4.7 )

Discontinued Operations (Tables

Discontinued Operations (Tables)	3 Months Ended
	Mar. 31, 2018
Discontinued Operations [Abstract]
Summarized Financial Information For Discontinued Operations Text Block [Table Text Block]	The components of Discontinued operations, net of tax for the three months ended March 31 were as follows: Three months ended In millions 2018 2017 Pre-tax earnings (loss) from discontinued operations $ (12.1 ) $ (9.1 ) Tax benefit (expense) 2.7 2.6 Discontinued operations, net of tax $ (9.4 ) $ (6.5 )

Earnings Per Share (EPS) (Table

Earnings Per Share (EPS) (Tables)	3 Months Ended
	Mar. 31, 2018
Earnings Per Share [Abstract]
Schedule of Earnings Per Share Basic and Diluted Shares	The following table summarizes the weighted-average number of ordinary shares outstanding for basic and diluted earnings per share calculations for three months ended March 31 : Three months ended In millions 2018 2017 Weighted-average number of basic shares 250.4 259.4 Shares issuable under incentive stock plans 2.6 3.2 Weighted-average number of diluted shares 253.0 262.6 Anti-dilutive shares 1.7 1.6

Business Segment Information (T

Business Segment Information (Tables)	3 Months Ended
	Mar. 31, 2018
Disclosures by Disposal Groups, Including Discontinued Operations [Line Items]
Summary of Operations by Reportable Segments	A summary of operations by reportable segment for the three months ended March 31 was as follows: Three months ended In millions 2018 2017 Net revenues Climate $ 2,609.8 $ 2,324.1 Industrial 774.7 676.5 Total $ 3,384.5 $ 3,000.6 Segment operating income Climate $ 260.4 $ 217.3 Industrial 59.9 65.8 Unallocated corporate expense (76.9 ) (68.1 ) Operating income $ 243.4 $ 215.0

Commitments and Contingencies (

Commitments and Contingencies (Tables)	3 Months Ended
	Mar. 31, 2018
Schedule of Asbestos Related Balances	The Company’s liability for asbestos-related matters and the asset for probable asbestos-related insurance recoveries were included in the following balance sheet accounts: In millions March 31, December 31, Accrued expenses and other current liabilities $ 48.9 $ 48.2 Other noncurrent liabilities 536.0 556.6 Total asbestos-related liabilities $ 584.9 $ 604.8 Other current assets $ 60.6 $ 56.1 Other noncurrent assets 200.3 210.3 Total asset for probable asbestos-related insurance recoveries $ 260.9 $ 266.4
Cost Income Asbestos Related Claims After Recoveries	three months ended March 31 , were as follows: Three months ended In millions 2018 2017 Continuing operations $ 1.5 $ — Discontinued operations (7.2 ) (3.3 ) Total $ (5.7 ) $ (3.3 )
Schedule of Product Warranty Liability [Table Text Block]	The changes in the standard product warranty liability for the three months ended March 31 were as follows: In millions 2018 2017 Balance at beginning of period $ 270.5 $ 261.6 Reductions for payments (35.5 ) (31.1 ) Accruals for warranties issued during the current period 34.0 28.3 Changes to accruals related to preexisting warranties 1.0 (1.8 ) Translation 1.5 1.2 Balance at end of period $ 271.5 $ 258.2
Extended Warranty [Member]
Schedule of Product Warranty Liability [Table Text Block]	The changes in the extended warranty liability for the three months ended March 31 were as follows: In millions 2018 2017 Balance at beginning of period $ 293.0 $ 295.9 Amortization of deferred revenue for the period (26.0 ) (25.1 ) Additions for extended warranties issued during the period 23.8 24.4 Changes to accruals related to preexisting warranties (0.3 ) 0.5 Translation 0.4 0.3 Balance at end of period $ 290.9 $ 296.0

Guarantor Financial Informati40

Guarantor Financial Information (Tables)	3 Months Ended
	Mar. 31, 2018
Condensed Financial Information of Parent Company Only Disclosure [Abstract]
Condensed Consolidating Statement of Comprehensive Income	Condensed Consolidating Statement of Comprehensive Income For the three months ended March 31, 2018 In millions Plc Irish Lux International Global New Lux Other Consolidating Net revenues $ — $ — $ — $ — $ 347.6 $ — $ 3,140.7 $ (103.8 ) $ 3,384.5 Cost of goods sold — — — — (253.8 ) — (2,270.2 ) 103.8 (2,420.2 ) Selling and administrative expenses (1.7 ) — — (0.1 ) (136.3 ) — (582.8 ) — (720.9 ) Operating income (loss) (1.7 ) — — (0.1 ) (42.5 ) — 287.7 — 243.4 Equity earnings (loss) in subsidiaries, net of tax 124.2 123.5 110.9 118.3 162.7 39.2 — (678.8 ) — Interest expense — — — (50.3 ) (11.8 ) (10.6 ) (0.2 ) — (72.9 ) Intercompany interest and fees (1.0 ) — 4.0 (27.8 ) 6.3 (2.4 ) 20.9 — — Other income/(expense), net — — — 0.7 (3.6 ) 0.1 (1.2 ) — (4.0 ) Earnings (loss) before income taxes 121.5 123.5 114.9 40.8 111.1 26.3 307.2 (678.8 ) 166.5 Benefit (provision) for income taxes (1.1 ) — 0.3 17.7 16.4 — (66.3 ) — (33.0 ) Earnings (loss) from continuing operations 120.4 123.5 115.2 58.5 127.5 26.3 240.9 (678.8 ) 133.5 Discontinued operations, net of tax — — — — (9.3 ) — (0.1 ) — (9.4 ) Net earnings (loss) 120.4 123.5 115.2 58.5 118.2 26.3 240.8 (678.8 ) 124.1 Less: Net earnings attributable to noncontrolling interests — — — — — — (3.7 ) — (3.7 ) Net earnings (loss) attributable to Ingersoll-Rand plc $ 120.4 $ 123.5 $ 115.2 $ 58.5 $ 118.2 $ 26.3 $ 237.1 $ (678.8 ) $ 120.4 Other comprehensive income (loss), net of tax 152.1 151.9 144.2 105.8 105.2 37.3 145.8 (690.2 ) 152.1 Comprehensive income (loss) attributable to Ingersoll-Rand plc $ 272.5 $ 275.4 $ 259.4 $ 164.3 $ 223.4 $ 63.6 $ 382.9 $ (1,369.0 ) $ 272.5 Condensed Consolidating Statement of Comprehensive Income For the three months ended March 31, 2017 in millions Plc Irish Lux International Global New Lux Other Consolidating Net revenues $ — $ — $ — $ — $ 316.3 $ — $ 2,777.8 $ (93.5 ) $ 3,000.6 Cost of goods sold — — — — (234.6 ) — (1,985.0 ) 93.5 (2,126.1 ) Selling and administrative expenses (2.3 ) — — (0.9 ) (121.3 ) (0.1 ) (534.9 ) — (659.5 ) Operating income (loss) (2.3 ) — — (0.9 ) (39.6 ) (0.1 ) 257.9 — 215.0 Equity earnings (loss) in subsidiaries, net of tax 124.9 117.4 93.9 23.0 107.1 6.0 — (472.3 ) — Interest expense — — — (31.7 ) (11.9 ) (10.3 ) (0.1 ) — (54.0 ) Intercompany interest and fees (5.8 ) — (13.5 ) (42.7 ) (74.2 ) (1.9 ) 138.1 — — Other income/(expense), net — — — — (2.7 ) — (2.0 ) — (4.7 ) Earnings (loss) before income taxes 116.8 117.4 80.4 (52.3 ) (21.3 ) (6.3 ) 393.9 (472.3 ) 156.3 Benefit (provision) for income taxes 0.3 — — 27.4 50.0 — (106.4 ) — (28.7 ) Earnings (loss) from continuing operations 117.1 117.4 80.4 (24.9 ) 28.7 (6.3 ) 287.5 (472.3 ) 127.6 Discontinued operations, net of tax — — — — (5.8 ) — (0.7 ) — (6.5 ) Net earnings (loss) 117.1 117.4 80.4 (24.9 ) 22.9 (6.3 ) 286.8 (472.3 ) 121.1 Less: Net earnings attributable to noncontrolling interests — — — — — — (4.0 ) — (4.0 ) Net earnings (loss) attributable to Ingersoll-Rand plc $ 117.1 $ 117.4 $ 80.4 $ (24.9 ) $ 22.9 $ (6.3 ) $ 282.8 $ (472.3 ) $ 117.1 Other comprehensive income (loss), net of tax 120.6 120.3 114.9 78.0 77.9 36.1 118.1 (545.3 ) 120.6 Comprehensive income (loss) attributable to Ingersoll-Rand plc $ 237.7 $ 237.7 $ 195.3 $ 53.1 $ 100.8 $ 29.8 $ 400.9 $ (1,017.6 ) $ 237.7
Condensed Consolidating Balance Sheet	Condensed Consolidating Balance Sheet March 31, 2018 In millions Plc Irish Lux International Global New Lux Other Consolidating ASSETS Current assets: Cash and cash equivalents $ — $ — $ 0.1 $ — $ 35.6 $ 0.1 $ 1,139.3 $ — $ 1,175.1 Accounts and notes receivable, net — — — 0.5 162.6 — 2,352.9 — 2,516.0 Inventories, net — — — — 160.7 — 1,618.1 — 1,778.8 Other current assets 0.3 — 5.7 107.6 106.0 — 382.0 — 601.6 Intercompany receivables 1,852.8 1,503.9 2,049.7 — 2,053.2 — 4,931.8 (12,391.4 ) — Total current assets 1,853.1 1,503.9 2,055.5 108.1 2,518.1 0.1 10,424.1 (12,391.4 ) 6,071.5 Property, plant and equipment, net — — — — 291.4 — 1,319.9 — 1,611.3 Goodwill and other intangible assets, net — — — — 434.0 — 9,441.2 — 9,875.2 Other noncurrent assets — — 4.3 185.1 449.2 — 550.5 (382.0 ) 807.1 Investments in consolidated subsidiaries 7,530.9 5,986.8 3,001.0 10,619.3 11,159.6 1,228.0 — (39,525.6 ) — Total assets $ 9,384.0 $ 7,490.7 $ 5,060.8 $ 10,912.5 $ 14,852.3 $ 1,228.1 $ 21,735.7 $ (52,299.0 ) $ 18,365.1 LIABILITIES AND EQUITY Current liabilities: Accounts payable and accrued expenses $ 8.3 $ — $ 0.2 $ 23.6 $ 520.5 $ 16.7 $ 3,146.2 $ — $ 3,715.5 Short-term borrowings and current maturities of long-term debt — — — — 350.4 247.9 6.9 — 605.2 Intercompany payables 2,295.0 2.5 918.1 5,523.2 1,832.5 278.2 1,541.9 (12,391.4 ) — Total current liabilities 2,303.3 2.5 918.3 5,546.8 2,703.4 542.8 4,695.0 (12,391.4 ) 4,320.7 Long-term debt — — — 2,328.2 326.9 1,090.1 0.3 — 3,745.5 Other noncurrent liabilities — — — 93.7 1,212.5 — 2,234.3 (382.0 ) 3,158.5 Total liabilities 2,303.3 2.5 918.3 7,968.7 4,242.8 1,632.9 6,929.6 (12,773.4 ) 11,224.7 Equity: Total equity 7,080.7 7,488.2 4,142.5 2,943.8 10,609.5 (404.8 ) 14,806.1 (39,525.6 ) 7,140.4 Total liabilities and equity $ 9,384.0 $ 7,490.7 $ 5,060.8 $ 10,912.5 $ 14,852.3 $ 1,228.1 $ 21,735.7 $ (52,299.0 ) $ 18,365.1 Condensed Consolidating Balance Sheet December 31, 2017 In millions Plc Irish Lux International Global New Lux Other Consolidating ASSETS Current assets: Cash and cash equivalents $ — $ — $ 0.6 $ — $ 359.3 $ — $ 1,189.5 $ — $ 1,549.4 Accounts and notes receivable, net — — — — 166.5 — 2,310.9 — 2,477.4 Inventories, net — — — — 168.5 — 1,386.9 — 1,555.4 Other current assets 0.2 — 5.7 112.6 76.2 — 342.2 — 536.9 Intercompany receivables 1,819.1 9,912.2 2,036.8 — 1,849.9 — 5,014.8 (20,632.8 ) — Total current assets 1,819.3 9,912.2 2,043.1 112.6 2,620.4 — 10,244.3 (20,632.8 ) 6,119.1 Property, plant and equipment, net — — — — 310.6 — 1,240.7 — 1,551.3 Goodwill and other intangible assets, net — — — — 436.0 — 9,242.6 — 9,678.6 Other noncurrent assets — — — 185.4 471.1 — 550.8 (383.0 ) 824.3 Investments in consolidated subsidiaries 7,318.1 1,684.2 2,953.9 10,480.3 10,923.7 1,150.9 — (34,511.1 ) — Total assets $ 9,137.4 $ 11,596.4 $ 4,997.0 $ 10,778.3 $ 14,761.8 $ 1,150.9 $ 21,278.4 $ (55,526.9 ) $ 18,173.3 LIABILITIES AND EQUITY Current liabilities: Accounts payable and accrued expenses $ 8.5 $ — $ 0.2 $ 27.3 $ 572.3 $ 6.9 $ 3,105.8 $ — $ 3,721.0 Short-term borrowings and current maturities of long-term debt — — — 749.6 350.4 — 7.0 — 1,107.0 Intercompany payables 1,988.3 — 9,316.7 5,481.1 1,790.0 523.3 1,533.4 (20,632.8 ) — Total current liabilities 1,996.8 — 9,316.9 6,258.0 2,712.7 530.2 4,646.2 (20,632.8 ) 4,828.0 Long-term debt — — — 1,539.9 326.8 1,089.7 0.6 — 2,957.0 Other noncurrent liabilities 0.3 — — 92.4 1,251.8 — 2,219.9 (383.0 ) 3,181.4 Total liabilities 1,997.1 — 9,316.9 7,890.3 4,291.3 1,619.9 6,866.7 (21,015.8 ) 10,966.4 Equity: Total equity 7,140.3 11,596.4 (4,319.9 ) 2,888.0 10,470.5 (469.0 ) 14,411.7 (34,511.1 ) 7,206.9 Total liabilities and equity $ 9,137.4 $ 11,596.4 $ 4,997.0 $ 10,778.3 $ 14,761.8 $ 1,150.9 $ 21,278.4 $ (55,526.9 ) $ 18,173.3
Condensed Consolidating Statement of Cash Flows	Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2018 in millions Plc Irish Lux International Global New Lux Other Consolidating CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by (used in) continuing operating activities $ 102.6 $ — $ — $ (32.2 ) $ 19.6 $ (0.3 ) $ (135.5 ) $ — $ (45.8 ) Net cash provided by (used in) discontinued operating activities — — — — (20.3 ) — (0.1 ) — (20.4 ) Net cash provided by (used in) operating activities 102.6 — — (32.2 ) (0.7 ) (0.3 ) (135.6 ) — (66.2 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — — — (8.8 ) — (44.0 ) — (52.8 ) Acquisition of businesses, net of cash acquired — — — — — — (201.6 ) — (201.6 ) Advance to equity investment — — (4.0 ) — — — — — (4.0 ) Proceeds from sale of property, plant and equipment — — — — — — 0.7 — 0.7 Intercompany investing activities, net — — (0.5 ) — (208.8 ) — 287.0 (77.7 ) — Net cash provided by (used in) continuing investing activities — — (4.5 ) — (217.6 ) — 42.1 (77.7 ) (257.7 ) CASH FLOWS FROM FINANCING ACTIVITIES: Net proceeds (repayments) from debt — — — 31.6 — 247.9 — — 279.5 Debt issuance costs — — — (8.5 ) — — — — (8.5 ) Dividends paid to ordinary shareholders (111.6 ) — — — — — — — (111.6 ) Dividends paid to noncontrolling interests — — — — — — (11.0 ) — (11.0 ) Repurchase of ordinary shares (250.0 ) — — — — — — — (250.0 ) Other financing activities, net 6.6 — — — (0.4 ) — (1.0 ) — 5.2 Intercompany financing activities, net 252.4 — 4.0 9.1 (105.0 ) (247.5 ) 9.3 77.7 — Net cash provided by (used in) continuing financing activities (102.6 ) — 4.0 32.2 (105.4 ) 0.4 (2.7 ) 77.7 (96.4 ) Effect of exchange rate changes on cash and cash equivalents — — — — — — 46.0 — 46.0 Net increase (decrease) in cash and cash equivalents — — (0.5 ) — (323.7 ) 0.1 (50.2 ) — (374.3 ) Cash and cash equivalents - beginning of period — — 0.6 — 359.3 — 1,189.5 — 1,549.4 Cash and cash equivalents - end of period $ — $ — $ 0.1 $ — $ 35.6 $ 0.1 $ 1,139.3 $ — $ 1,175.1 Condensed Consolidating Statement of Cash Flows For the three months ended March 31, 2017 in millions Plc Irish Lux International Global New Lux Other Consolidating CASH FLOWS FROM OPERATING ACTIVITIES: Net cash provided by (used in) continuing operating activities $ 21.6 $ — $ — $ (72.6 ) $ 27.3 $ — $ (9.6 ) $ — $ (33.3 ) Net cash provided by (used in) discontinued operating activities — — — — (17.8 ) — 7.7 — (10.1 ) Net cash provided by (used in) operating activities 21.6 — — (72.6 ) 9.5 — (1.9 ) — (43.4 ) CASH FLOWS FROM INVESTING ACTIVITIES: Capital expenditures — — — — (10.5 ) — (24.7 ) — (35.2 ) Acquisition of businesses, net of cash acquired — — — — — — (9.8 ) — (9.8 ) Proceeds from sale of property, plant and equipment — — — — — — 0.4 — 0.4 Intercompany investing activities, net — — 1,153.2 72.8 — 11.6 919.7 (2,157.3 ) — Net cash provided by (used in) continuing investing activities — — 1,153.2 72.8 (10.5 ) 11.6 885.6 (2,157.3 ) (44.6 ) CASH FLOWS FROM FINANCING ACTIVITIES: Debt issuance costs — — — (0.2 ) — — — — (0.2 ) Dividends paid to ordinary shareholders (102.7 ) — — — — — — — (102.7 ) Dividends paid to noncontrolling interests — — — — — — (6.9 ) — (6.9 ) Repurchase of ordinary shares (250.1 ) — — — — — — — (250.1 ) Other financing activities, net 16.6 — — — — — 1.8 — 18.4 Intercompany financing activities, net 314.7 — (1,153.2 ) — (69.7 ) (11.6 ) (1,237.5 ) 2,157.3 — Net cash provided by (used in) continuing financing activities (21.5 ) — (1,153.2 ) (0.2 ) (69.7 ) (11.6 ) (1,242.6 ) 2,157.3 (341.5 ) Effect of exchange rate changes on cash and cash equivalents — — — — — — 37.3 — 37.3 Net increase (decrease) in cash and cash equivalents 0.1 — — — (70.7 ) — (321.6 ) — (392.2 ) Cash and cash equivalents - beginning of period — — — — 634.6 — 1,080.1 — 1,714.7 Cash and cash equivalents - end of period $ 0.1 $ — $ — $ — $ 563.9 $ — $ 758.5 $ — $ 1,322.5

Restructuring (Tables)

Restructuring (Tables)	3 Months Ended
	Mar. 31, 2018
Restructuring and Related Activities [Abstract]
Restructuring and Related Costs [Table Text Block]	The following table details restructuring charges recorded during the three months ended March 31 : Three months ended In millions 2018 2017 Climate $ 3.9 $ 28.0 Industrial 35.7 4.7 Corporate and Other 4.8 — Total $ 44.4 $ 32.7 Cost of goods sold $ 36.5 $ 30.3 Selling and administrative expenses 7.9 2.4 Total $ 44.4 $ 32.7

Restructuring and Related Activ

Restructuring and Related Activities (Tables)	3 Months Ended
	Mar. 31, 2018
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	The changes in the restructuring reserve for the three months ended March 31, 2018 were as follows: In millions Climate Industrial Corporate and Other Total December 31, 2017 $ 7.4 $ 6.1 $ 2.5 $ 16.0 Additions, net of reversals 3.9 35.7 4.8 44.4 Cash paid/other (4.4 ) (1.5 ) (2.7 ) (8.6 ) March 31, 2018 $ 6.9 $ 40.3 $ 4.6 $ 51.8

Restructuring Costs (Tables)

Restructuring Costs (Tables)	3 Months Ended
	Mar. 31, 2018
Restructuring Cost and Reserve [Line Items]
Schedule of Restructuring Reserve by Type of Cost [Table Text Block]	The changes in the restructuring reserve for the three months ended March 31, 2018 were as follows: In millions Climate Industrial Corporate and Other Total December 31, 2017 $ 7.4 $ 6.1 $ 2.5 $ 16.0 Additions, net of reversals 3.9 35.7 4.8 44.4 Cash paid/other (4.4 ) (1.5 ) (2.7 ) (8.6 ) March 31, 2018 $ 6.9 $ 40.3 $ 4.6 $ 51.8
Restructuring and Related Costs [Table Text Block]	The following table details restructuring charges recorded during the three months ended March 31 : Three months ended In millions 2018 2017 Climate $ 3.9 $ 28.0 Industrial 35.7 4.7 Corporate and Other 4.8 — Total $ 44.4 $ 32.7 Cost of goods sold $ 36.5 $ 30.3 Selling and administrative expenses 7.9 2.4 Total $ 44.4 $ 32.7

Inventories (Schedule of Major

Inventories (Schedule of Major Classes of Inventory) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Inventory Valuation Reserves	$ 122	$ 120.3
Raw materials	528.4	502.8
Work-in-process	210.9	180.5
Finished goods	1,106.9	941
Sub-total	1,846.2	1,624.3
LIFO reserve	(67.4)	(68.9)
Total	$ 1,778.8	$ 1,555.4

Goodwill (Details)

Goodwill (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Goodwill [Roll Forward]
Accumulated Impairment	$ (2,496)	$ (2,496)
Acquisitions and adjustments	122.2
Currency translation	61
Goodwill (net)	6,118.9	5,935.7
Climate
Goodwill [Roll Forward]
Accumulated Impairment	(2,496)	(2,496)
Acquisitions and adjustments	119.9
Currency translation	51.9
Goodwill (net)	5,236.9	5,065.1
Industrial
Goodwill [Roll Forward]
Acquisitions and adjustments	2.3
Currency translation	9.1
Goodwill (net)	$ 882	$ 870.6

Intangible Assets (Details)

Intangible Assets (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Finite-lived intangible assets, gross	$ 2,409.3		$ 2,372.2
Accumulated amortization	(1,323.2)		(1,286.9)
Net finite-lived intangible assets	1,086.1		1,085.3
Total intangible assets, gross	5,079.5		5,029.8
Intangible assets, net	3,756.3		3,742.9
Amortization of intangible assets	35.2	$ 32.3
Trademarks [Member]
Trademarks (indefinite-lived)	2,670.2		2,657.6
Completed technologies/patents [Member]
Finite-lived intangible assets, gross	211.3		209.4
Accumulated amortization	(180.7)		(177.3)
Net finite-lived intangible assets	30.6		32.1
Customer Relationships [Member]
Finite-lived intangible assets, gross	2,111.4		2,068.9
Accumulated amortization	(1,091.7)		(1,056.9)
Net finite-lived intangible assets	1,019.7		1,012
Other Intangible Assets [Member]
Finite-lived intangible assets, gross	86.6		93.9
Accumulated amortization	(50.8)		(52.7)
Net finite-lived intangible assets	$ 35.8		$ 41.2

Debt and Credit Facilities (Nar

Debt and Credit Facilities (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Feb. 29, 2016
Short-term borrowings and current maturities of long-term debt	$ 605.2		$ 1,107
Repayments of Long-term Debt	1,115.4	$ 0
Line of credit facility, amount outstanding	2,000
Debt Instrument, Fair Value Disclosure	4,400
Five Year Revolving Credit Facility Refinanced [Member]
Line of credit facility, amount outstanding	2,000
Five Year Revolving Credit Facility [Member]
Line of credit facility, amount outstanding	1,000
Debentures With Put Feature [Member]
Short-term borrowings and current maturities of long-term debt	$ 343		$ 343
Debt Instrument, Maturity Date Range, Start	Jan. 1, 2027
Debt instrument, maturity date range, end	Dec. 31, 2028
Debentures with put option available to be exercised				$ 37.2
2.875% Senior notes due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage	2.875%		2.875%
4.25% Senior notes due 2023 [Member]
Debt Instrument, Interest Rate, Stated Percentage	4.25%		4.25%
5.75% Senior notes due 2043 [Member]
Debt Instrument, Interest Rate, Stated Percentage	5.75%		5.75%
Two Point Six Two Five Percent Senior Notes Due Two Thousand Twenty [Member]
Debt Instrument, Interest Rate, Stated Percentage	2.625%		2.625%
Three Point Five Five Percent Senior Notes due 2024 [Member]
Debt Instrument, Interest Rate, Stated Percentage	3.55%		3.55%
Four Point Six Five Percent Senior Notes due Twenty Forty Four [Member]
Debt Instrument, Interest Rate, Stated Percentage	4.65%		4.65%

Debt and Credit Facilities (Sho

Debt and Credit Facilities (Short-Term Borrowings and Current Maturities of Long-Term Debt) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Short-term borrowings and current maturities of long-term debt	$ 605.2	$ 1,107
Six Point Eight Seven Five Percent Senior Notes Due Two Thousand Eighteen [Member]
Short-term borrowings and current maturities of long-term debt	0	749.6
Debentures With Put Feature [Member]
Short-term borrowings and current maturities of long-term debt	343	343
Current Maturities Of Long Term Debt [Member]
Short-term borrowings and current maturities of long-term debt	7.7	7.7
Other Short Term Borrowings [Member]
Short-term borrowings and current maturities of long-term debt	6.6	6.7
Commercial Paper [Member]
Short-term borrowings and current maturities of long-term debt	$ 247.9	$ 0

Debt and Credit Facilities (Lon

Debt and Credit Facilities (Long-Term Debt Excluding Current Maturities) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Long-term debt excluding current maturities	$ 3,745.5	$ 2,957
2.875% Senior notes due 2019 [Member]
Debt Instrument, Interest Rate, Stated Percentage	2.875%	2.875%
Long-term debt excluding current maturities	$ 0	$ 349.4
Two Point Six Two Five Percent Senior Notes Due Two Thousand Twenty [Member]
Debt Instrument, Interest Rate, Stated Percentage	2.625%	2.625%
Long-term debt excluding current maturities	$ 299	$ 298.9
Two Point Nine Percent Senior Notes Due Two Thousand Twenty One [Member] [Member]
Long-term debt excluding current maturities	$ 297.7	$ 0
9.00% Debentures Due 2021 [Member]
Debt Instrument, Interest Rate, Stated Percentage	9.00%	9.00%
Long-term debt excluding current maturities	$ 124.9	$ 124.9
4.25% Senior notes due 2023 [Member]
Debt Instrument, Interest Rate, Stated Percentage	4.25%	4.25%
Long-term debt excluding current maturities	$ 696.7	$ 696.5
Seven Point Two Zero Percent Debentures [Domain]
Long-term debt excluding current maturities	$ 52.3	$ 52.3
Three Point Five Five Percent Senior Notes due 2024 [Member]
Debt Instrument, Interest Rate, Stated Percentage	3.55%	3.55%
Long-term debt excluding current maturities	$ 495.4	$ 495.2
6.48% Debentures Due 2025 [Member]
Debt Instrument, Interest Rate, Stated Percentage	6.48%	6.48%
Long-term debt excluding current maturities	$ 149.7	$ 149.7
Three Point Seven Five Percent Senior Notes Due Two Thousand Twenty Eight [Member]
Long-term debt excluding current maturities	$ 544	$ 0
5.75% Senior notes due 2043 [Member]
Debt Instrument, Interest Rate, Stated Percentage	5.75%	5.75%
Long-term debt excluding current maturities	$ 494.1	$ 494
Four Point Six Five Percent Senior Notes due Twenty Forty Four [Member]
Debt Instrument, Interest Rate, Stated Percentage	4.65%	4.65%
Long-term debt excluding current maturities	$ 295.6	$ 295.6
Other Loans and Notes [Member]
Long-term debt excluding current maturities	$ 0.4	$ 0.5
Seven Point Two Zero Percent Debentures due Two Thousand Fourteen to Two Thousand Twenty Five [Member] [Member]
Debt Instrument, Interest Rate, Stated Percentage	7.20%	7.20%
Four Point Three Percent Senior Notes Due Two Thousand Forty Eight [Member]
Long-term debt excluding current maturities	$ 295.7	$ 0

Financial Instruments (Narrativ

Financial Instruments (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended		12 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2014	Dec. 31, 2017	Dec. 31, 2016
Deferred gain/loss, net of tax, included in accumulated other comprehensive income (AOCI) related to the fair value of the Company's currency derivatives designated as accounting hedges	$ (626.7)	$ (1,169.9)		$ (778.8)	$ (1,290.5)
Currency derivatives expected to be reclassified into earnings over the next twelve months	1.1
Repayments of Long-term Debt	1,115.4	$ 0
Amount expected to be reclassified into interest expense over the next twelve months	0.7
Currency Derivatives
Derivative, Notional Amount	575.8			710.3
ERROR in label resolution.
Derivative, Notional Amount	1,250
Designated as Hedging Instrument [Member]
Deferred gain/loss, net of tax, included in accumulated other comprehensive income (AOCI) related to the fair value of the Company's currency derivatives designated as accounting hedges	1.1			1.2
Derivatives designated as hedges, liability at fair value	0.2			$ 1.3
Senior Notes Issued in 2013 [Member] | Interest Rate Swap [Member]
Deferred (loss) remaining in AOCI related to the interest rate locks	$ 7.2		$ 6.6

Financial Instruments Schedule

Financial Instruments Schedule of the Fair Values of Derivative Instruments (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Derivatives, Fair Value [Line Items]
Derivative asset fair value	$ 12.3	$ 7.2
Derivative liability fair value	5.7	2.5
Designated as Hedging Instrument [Member]
Derivatives, Fair Value [Line Items]
Derivatives designated as hedges, asset at fair value	1.3	0
Derivatives designated as hedges, liability at fair value	0.2	1.3
Nondesignated [Member]
Derivatives, Fair Value [Line Items]
Derivatives not designated as hedges, asset at fair value	11	7.2
Derivatives not designated as hedges, liability at fair value	5.5	1.2
Significant Other Observable Inputs (Level 2) [Member]
Derivatives, Fair Value [Line Items]
Derivative asset fair value	12.3	7.2
Derivative liability fair value	$ 5.7	$ 2.5

Financial Instruments Schedul52

Financial Instruments Schedule of Derivatives Designated as Hedges Affecting Condensed Consolidated Income Statement and Accumulated Other Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest Rate Contract [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income	$ 2.1	$ 1.2
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(1)	(0.4)
Designated as Hedging Instrument [Member] | Interest Rate Swap and Lock [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income	0	0
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	(0.6)	(0.1)
Designated as Hedging Instrument [Member] | Currency Derivatives
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Other Comprehensive Income	2.1	1.2
Derivative Instruments, Gain (Loss) Reclassified from Accumulated OCI into Income, Effective Portion, Net	$ (0.4)	$ (0.3)

Financial Instruments Schedul53

Financial Instruments Schedule of Gains and Losses of Derivative Financial Instruments Not Designated as Hedges (Details) - Currency Derivatives - Nondesignated [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income	$ 9.7	$ 20
Other, net [Member]
Derivative Instruments, Gain (Loss) [Line Items]
Derivative Instruments, Gain (Loss) Recognized in Income	$ 9.7	$ 20

Fair Value Measurements (Detail

Fair Value Measurements (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	$ 12.3	$ 7.2
Derivative Liability, Fair Value, Gross Liability	5.7	2.5
Fair Value, Inputs, Level 1 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Liability, Fair Value, Gross Liability	0	0
Significant Other Observable Inputs (Level 2) [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	12.3	7.2
Derivative Liability, Fair Value, Gross Liability	5.7	2.5
Fair Value, Inputs, Level 3 [Member]
Fair Value, Assets and Liabilities Measured on Recurring and Nonrecurring Basis [Line Items]
Derivative Asset, Fair Value, Gross Asset	0	0
Derivative Liability, Fair Value, Gross Liability	$ 0	$ 0

Pensions and Postretirement B55

Pensions and Postretirement Benefits Other than Pensions (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Company contributions	$ 10.9	$ 5.6
Other Comprehensive (Income) Loss, Defined Benefit Plan, after Reclassification Adjustment, after Tax	(5.4)	$ (6.6)
Pension Plan, Defined Benefit [Member]
Expected future employer contributions in 2017	$ 80

Pensions and Postretirement B56

Pensions and Postretirement Benefits Other than Pensions (Components of the Company's Pension-Related Costs) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Total	$ (3.9)	$ (8.2)
Pension Costs [Member]
Service cost	17.9	17.8
Interest cost	27	27
Expected return on plan assets	(36.9)	(35.2)
Net amortization of prior service costs	1.1	1
Net amortization of plan net actuarial losses	12.5	13.6
Net periodic pension benefit cost	21.6	24.2
Net curtailment loss	0	(2.3)
Total	21.6	26.5
Pension Costs [Member] | Segment, Continuing Operations [Member]
Total
Pension Costs [Member] | Discontinued Operations [Member]
Total	$ 2.1	$ 2.4

Pensions and Postretirement B57

Pensions and Postretirement Benefits Other than Pensions (Components of Net Periodic Postretirement Benefit Cost) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Total	$ (3.9)	$ (8.2)
Postretirement Benefit Costs [Member]
Service cost	0.7	0.8
Interest cost	3.8	4.3
Net amortization of prior service gains	(1)	(2.2)
Net amortization of plan net actuarial losses	0	0
Total	3.5	2.9
Postretirement Benefit Costs [Member] | Segment, Continuing Operations [Member]
Total
Postretirement Benefit Costs [Member] | Discontinued Operations [Member]
Total	$ 0.8	$ 0.9

Equity (Reconciliation of Ordin

Equity (Reconciliation of Ordinary Shares) (Details) shares in Millions	3 Months Ended
	Mar. 31, 2018shares
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Repurchase of ordinary shares	0
Common Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	274
Shares issued under incentive plans, net	1.3
Repurchase of ordinary shares	(2.8)
Ending balance	272.5
Treasury Stock [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	24.5
Shares issued under incentive plans, net	0
Ending balance	24.5

Equity (Components of Sharehold

Equity (Components of Shareholders' Equity) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Payments for Repurchase of Common Stock	$ 250	$ 250.1
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	7,206.9	6,718.3
Net earnings	124.1	121.1
Currency translation	144.3	110.9
Change in value of marketable securities and derivatives qualifying as cash flow hedges, net of tax	2.8	1.6
Pension and OPEB adjustments, net of tax	5.4	6.6
Total comprehensive income (loss)	276.6	240.2
Share-based compensation	30	23.3
Dividends declared to noncontrolling interests	(11)	(6.9)
Dividends declared to ordinary shareholders	(112)	(103)
Shares issued under incentive plans, net	(6.6)	(16.8)
Repurchase of ordinary shares	(250)	(250.1)
Ending balance	$ 7,140.4	6,653.9
Revenue, Initial Application Period Cumulative Effect Transition, Description	2.4
Proceeds and Excess Tax Benefit from Share-based Compensation		15.1
Cumulative Effect on Retained Earnings, Tax	$ (9.1)
Other		(0.2)
Shareholders' Equity [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	7,140.3	6,643.8
Net earnings	120.4	117.1
Currency translation	143.9	112.4
Change in value of marketable securities and derivatives qualifying as cash flow hedges, net of tax	2.8	1.6
Pension and OPEB adjustments, net of tax	5.4	6.6
Total comprehensive income (loss)	272.5	237.7
Share-based compensation	30	23.3
Dividends declared to noncontrolling interests	0	0
Dividends declared to ordinary shareholders	(112)	(103)
Shares issued under incentive plans, net	(6.6)	(16.8)
Repurchase of ordinary shares	(250)	(250.1)
Ending balance	$ 7,080.7	6,583.8
Revenue, Initial Application Period Cumulative Effect Transition, Description	2.4
Proceeds and Excess Tax Benefit from Share-based Compensation		15.1
Cumulative Effect on Retained Earnings, Tax	$ (9.1)
Other		(0.2)
Noncontrolling Interest [Member]
Increase (Decrease) in Stockholders' Equity [Roll Forward]
Beginning balance	66.6	74.5
Net earnings	3.7	4
Currency translation	0.4	(1.5)
Change in value of marketable securities and derivatives qualifying as cash flow hedges, net of tax	0	0
Pension and OPEB adjustments, net of tax	0	0
Total comprehensive income (loss)	4.1	2.5
Share-based compensation	0	0
Dividends declared to noncontrolling interests	(11)	(6.9)
Dividends declared to ordinary shareholders	0	0
Shares issued under incentive plans, net	0	0
Repurchase of ordinary shares	0	0
Ending balance	$ 59.7	70.1
Revenue, Initial Application Period Cumulative Effect Transition, Description	0
Proceeds and Excess Tax Benefit from Share-based Compensation
Cumulative Effect on Retained Earnings, Tax	$ 0
Other		$ 0

Equity Equity (Changes in Accum

Equity Equity (Changes in Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at December 31:	$ (778.8)	$ (1,290.5)
Other comprehensive income before reclassifications	141.4	112.8
Amounts reclassified from accumulated other comprehensive income	13.6	12.8
Provision for income taxes	(2.9)	(5)
Net current period other comprehensive income (loss)	152.1	120.6
Balance at September 30:	(626.7)	(1,169.9)
Accumulated Translation Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at December 31:	(289.2)	(739)
Other comprehensive income before reclassifications	143.9	112.4
Amounts reclassified from accumulated other comprehensive income	0	0
Provision for income taxes	0	0
Net current period other comprehensive income (loss)	143.9	112.4
Balance at September 30:	(145.3)	(626.6)
Accumulated Net Gain (Loss) from Cash Flow Hedges Attributable to Parent [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at December 31:	4.7	2.9
Other comprehensive income before reclassifications	2.1	1.2
Amounts reclassified from accumulated other comprehensive income	1	0.4
Provision for income taxes	(0.3)	0
Net current period other comprehensive income (loss)	2.8	1.6
Balance at September 30:	7.5	4.5
Accumulated Defined Benefit Plans Adjustment [Member]
Accumulated Other Comprehensive Income (Loss) [Line Items]
Balance at December 31:	(494.3)	(554.4)
Other comprehensive income before reclassifications	(4.6)	(0.8)
Amounts reclassified from accumulated other comprehensive income	12.6	12.4
Provision for income taxes	(2.6)	(5)
Net current period other comprehensive income (loss)	5.4	6.6
Balance at September 30:	$ (488.9)	$ (547.8)

Equity Equity (Reclassification

Equity Equity (Reclassification Adjustments out of Accumulated Other Comprehensive Income (Loss)) (Details) - USD ($) $ in Millions		3 Months Ended
		Mar. 31, 2018	Mar. 31, 2017
Other Comprehensive Income (Loss), Defined Benefit Plan, Gain (Loss), Reclassification Adjustment from AOCI, before Tax	[1]	$ 12.5	$ 13.6
Gains and losses on cash flow hedges	[2]		0.4
Other Comprehensive (Income) Loss, Defined Benefit Plan, Prior Service Cost (Credit), Reclassification Adjustment from AOCI, before Tax	[1]	0.1	(1.2)
Earnings before income taxes [Member]
Defined benefit plan reclassification adjustments		10	7.4
Earnings from continuing operations [Member]
Cash flow hedge reclassification adjustments, net of tax		1.2	0.3
Total reclassifications from Other comprehensive income (loss), net of tax		11.2	7.7
cost of goods sold [Member] | Currency Derivatives
Gains and losses on cash flow hedges			(0.1)
Provision for income taxes [Member]
Other Comprehensive Income (Loss), Reclassification Adjustment from AOCI on Derivatives, Tax		0
Other comprehensive income loss reclassification adjustment on defined benefit plans tax		$ (2.6)	$ (5)
[1]	Reclassifications of the service cost component of pension and postretirement benefit costs are reflected within Operating income; the remaining components are included within Other income/(expense), net.
[2]	Reclassifications of interest rate swaps and locks are reflected within Interest expense; reclassifications of currency derivatives designated as hedges are reflected in Cost of goods sold.

Equity Equity (Narrative) (Deta

Equity Equity (Narrative) (Details) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2018USD ($)shares	Mar. 31, 2017USD ($)	Mar. 31, 2018€ / sharesshares	Mar. 31, 2018$ / sharesshares
Capital Units, Authorized			1,185,040,000	1,185,040,000
Treasury Stock, Shares, Acquired	0
Repurchase of ordinary shares | $	$ (250)	$ (250.1)
Par Value US [Member]
Common Stock, Par or Stated Value Per Share | $ / shares				$ 1
Preferred Stock, Par or Stated Value Per Share | $ / shares				$ 0.001
Par Value Euro [Member]
Common Stock, Par or Stated Value Per Share | € / shares			€ 1
Preferred Stock [Member]
Preferred Stock, Shares Authorized			10,000,000	10,000,000
Common Stock [Member] | Par Value US [Member]
Common Stock, Shares Authorized			1,175,000,000	1,175,000,000
Common Stock [Member] | Par Value Euro [Member]
Common Stock, Shares Authorized			40,000	40,000

Revenue (Details)

Revenue (Details)	3 Months Ended
	Mar. 31, 2018
Transferred at Point in Time
Disaggregation of Revenue [Line Items]
Remaining performance obligation, percentage	85.00%
Contracting And Installation
Disaggregation of Revenue [Line Items]
Contract length	1 year
Service And Maintenance
Disaggregation of Revenue [Line Items]
Contract length	12 months
Service And Maintenance | Maximum
Disaggregation of Revenue [Line Items]
Contract length	36 months

Revenue - Desegregation of Reve

Revenue - Desegregation of Revenue (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Disaggregation of Revenue [Line Items]
Net revenues	$ 3,384.5	$ 3,000.6
Climate
Disaggregation of Revenue [Line Items]
Net revenues	2,609.8	2,324.1
Climate | Equipment
Disaggregation of Revenue [Line Items]
Net revenues	1,771.5
Climate | Services and parts
Disaggregation of Revenue [Line Items]
Net revenues	838.3
Climate | United States
Disaggregation of Revenue [Line Items]
Net revenues	1,711.8
Climate | Non-U.S.
Disaggregation of Revenue [Line Items]
Net revenues	898
Industrial
Disaggregation of Revenue [Line Items]
Net revenues	774.7	$ 676.5
Industrial | Equipment
Disaggregation of Revenue [Line Items]
Net revenues	470.6
Industrial | Services and parts
Disaggregation of Revenue [Line Items]
Net revenues	304.1
Industrial | United States
Disaggregation of Revenue [Line Items]
Net revenues	414.6
Industrial | Non-U.S.
Disaggregation of Revenue [Line Items]
Net revenues	$ 360.1

Revenue - Schedule of Assets an

Revenue - Schedule of Assets and Liabilities (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Revenue from Contract with Customer [Abstract]
Contract assets	$ 188	$ 166
Contract liabilities	$ 831.4	$ 814.2

Revenue Schedule of impact of a

Revenue Schedule of impact of adopting ASC 606 on the Comprehensive Income (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Retained earnings	$ 8,904.4		$ 8,903.2
Net revenues	3,384.5	$ 3,000.6
Cost of goods sold	(2,420.2)	(2,126.1)
Selling and administrative expenses	(720.9)	(659.5)
Operating income	243.4	215
Interest expense	(72.9)	(54)
Other income/(expense), net	4	4.7
Earnings before income taxes	166.5	156.3
Provision for income taxes	(33)	(28.7)
Earnings from continuing operations	133.5	$ 127.6
Balances Without Adoption of ASC 606
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Retained earnings	8,904.3
Net revenues	3,381.2
Cost of goods sold	(2,417)
Selling and administrative expenses	(720.9)
Operating income	243.3
Interest expense	(72.9)
Other income/(expense), net	(4)
Earnings before income taxes	166.4
Provision for income taxes	(33)
Earnings from continuing operations	133.4
Effect of Change Higher/(Lower) | ASU 2014-09
Revenue, Initial Application Period Cumulative Effect Transition [Line Items]
Retained earnings	0.1		$ 2.4
Net revenues	3.3
Cost of goods sold	(3.2)
Selling and administrative expenses	0
Operating income	0.1
Interest expense	0
Other income/(expense), net	0
Earnings before income taxes	0.1
Provision for income taxes	0
Earnings from continuing operations	$ 0.1

Revenue - Schedule of the impac

Revenue - Schedule of the impact of adopting ASC 606 on the Company’s Balance Sheet (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Assets
Accounts and notes receivable, net	$ 2,516	$ 2,477.4
Inventories, net	1,778.8	1,555.4
Other current assets	601.6
Other noncurrent assets	807.1	824.3
Liabilities
Accrued expenses and other current liabilities	1,685	1,655.2
Deferred and noncurrent income taxes	768.7	757.5
Other noncurrent liabilities	1,125.3	1,138.6
Equity
Retained earnings	8,904.4	8,903.2
Effect of Change Higher/(Lower) | ASU 2014-09
Assets
Accounts and notes receivable, net	(1.5)
Inventories, net	(3.2)
Other current assets	9.7
Other noncurrent assets	0
Liabilities
Accrued expenses and other current liabilities	4.9
Deferred and noncurrent income taxes	0
Other noncurrent liabilities	0
Equity
Retained earnings	0.1	$ 2.4
Balances Without Adoption of ASC 606
Assets
Accounts and notes receivable, net	2,517.5
Inventories, net	1,782
Other current assets	591.9
Other noncurrent assets	807.1
Liabilities
Accrued expenses and other current liabilities	1,680.1
Deferred and noncurrent income taxes	768.7
Other noncurrent liabilities	1,125.3
Equity
Retained earnings	$ 8,904.3

Revenue - Contract liability ba

Revenue - Contract liability balances to be recognized (Details)	Mar. 31, 2018
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-01-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	30.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2018-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	75.00%
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction, Start Date [Axis]: 2019-04-01
Revenue, Remaining Performance Obligation, Expected Timing of Satisfaction [Line Items]
Remaining performance obligation, percentage	25.00%

Share-Based Compensation (Narra

Share-Based Compensation (Narrative) (Details) - USD ($) $ / shares in Units, $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share based compensation expense	$ 30.8	$ 24.8
Share based compensation expense, net of tax	$ 23.3	15.3
Percentage Of Awards Applied To Performance Condition	50.00%
Percentage of Awards Applied to Market Condition	50.00%
Number Of Shares To Companys Maximum Award Level For Eligible Employees (in millions)	400,000
Share-based Compensation Arrangement by Share-based Payment Award, Equity Instruments Other than Options, Grants in Period, Weighted Average Grant Date Fair Value	$ 106.09
Stock options and Restricted Stock Units (RSUs) [Member]
Vesting period, in years	3 years
Employee Stock Option [Member]
Share based compensation expense	$ 12.3	$ 8.7
Restricted Stock [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	279,901	310,868
Employee Stock Option [Member]
Share-based Compensation Arrangement by Share-based Payment Award, Options, Grants in Period, Net of Forfeitures	1,414,411	1,498,127

Share-Based Compensation (Share

Share-Based Compensation (Share-Based Compensation Expense) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Share based compensation expense	$ 30.8	$ 24.8
Tax benefit	(7.5)	(9.5)
After-tax expense	23.3	15.3
Stock Options [Member]
Share based compensation expense	12.3	8.7
Restricted Stock Units (RSUs) [Member]
Share based compensation expense	13.3	10.3
Performance Shares [Member]
Share based compensation expense	4.4	4.4
Other share based compensation [Member]
Share based compensation expense	$ 0.8	$ 1.4

Share-Based Compensation (Grant

Share-Based Compensation (Grants of Stock Options and RSUs) (Details) - $ / shares	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Stock Options [Member]
Equity awards, granted, in shares	1,414,411	1,498,127
Weighted average fair value per award, in dollars per share	$ 15.57	$ 13.45
RSUs [Member]
Equity awards, granted, in shares	279,901	310,868
Weighted average fair value per award, in dollars per share	$ 89.97	$ 79.76

Share-Based Compensation Share-

Share-Based Compensation Share-Based Compensation (Average Fair Value of Stock Options Granted, Assumptions) (Details)	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Dividend yield	2.00%	2.00%
Volatility	21.65%	22.46%
Risk-free rate of return	2.48%	1.80%
Expected life, in years	4 years 9 months 20 days	4 years 9 months 20 days

Other, Net (Details)

Other, Net (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Interest income	$ 3.6	$ 3.1
Exchange gain (loss)	7.3	(1.9)
Defined Benefit Plan, Net Periodic Benefit Cost (Credit)	(3.9)	(8.2)
Other	3.6	(1.5)
Other, net	(4)	$ (4.7)
Proceeds from Sale of Equity Method Investments	$ (4)

Income Taxes (Details)

Income Taxes (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Unrecognized Tax Benefits	$ 124.4		$ 120.5
Effective Tax Rate Year-to-date	1980.00%	1840.00%

Discontinued Operations (Detail

Discontinued Operations (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Discontinued Operations [Abstract]
Discontinued Operation, Income (Loss) from Discontinued Operation, before Income Tax	$ (12.1)	$ (9.1)
Discontinued Operation, Tax Effect of Discontinued Operation	(2.7)	(2.6)
Discontinued operations, net of tax	$ (9.4)	$ (6.5)

Earnings Per Share (EPS) (Detai

Earnings Per Share (EPS) (Details) - shares shares in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Weighted-average number of basic shares	250.4	259.4
Shares issuable under incentive stock plans	2.6	3.2
Weighted average number of diluted shares	253	262.6
Anti-dilutive shares	1.7	1.6

Business Segment Information (S

Business Segment Information (Summary of Operations by Reportable Segments) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Net revenues	$ 3,384.5	$ 3,000.6
Operating income	243.4	215
Climate
Net revenues	2,609.8	2,324.1
Segment operating income	260.4	217.3
Industrial
Net revenues	774.7	676.5
Segment operating income	59.9	65.8
Unallocated Amount to Segment
Unallocated corporate expense	$ 76.9	$ 68.1

Commitments and Contingencies78

Commitments and Contingencies (Narrative) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Dec. 31, 2017
Reserves for environmental matters	$ 43.1	$ 41.9
Percentage of non-malignant claims, minimum	80.00%	80.00%
Total current standard product warranty reserve	$ 146.7	$ 144.5
Total current extended warranty liability	100.5	100
Commitments and performance guarantees	$ 392.7
Expected annual inflation rate	2.50%
Adjusted Expected Annual Inflation Rate	1.50%
Discontinued Operations [Member]
Reserves for environmental matters	$ 37.2
Asbestos [Member]
Total Asset For Probable Asbestos Related Insurance Recoveries	260.9	266.4
Asbestos [Member] | IR New Jersey [Member]
Total Asset For Probable Asbestos Related Insurance Recoveries	134	138.5
Asbestos [Member] | Trane [Member]
Total Asset For Probable Asbestos Related Insurance Recoveries	$ 126.9	$ 127.9

Commitments and Contingencies79

Commitments and Contingencies (Schedule of Asbestos-Related Balances) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Accrued expenses and other current liabilities	$ 1,685	$ 1,655.2
Other noncurrent liabilities	1,125.3	1,138.6
Other current assets	601.6
Other noncurrent assets	807.1	824.3
Asbestos [Member]
Accrued expenses and other current liabilities	48.9	48.2
Other noncurrent liabilities	536	556.6
Total asbestos-related liabilities	584.9	604.8
Other current assets	60.6	56.1
Other noncurrent assets	200.3	210.3
Total asset for probable asbestos-related insurance recoveries	260.9	266.4
IR New Jersey [Member]
Other noncurrent assets	449.2	471.1
IR New Jersey [Member] | Asbestos [Member]
Total asset for probable asbestos-related insurance recoveries	134	138.5
Trane [Member] | Asbestos [Member]
Total asset for probable asbestos-related insurance recoveries	$ 126.9	$ 127.9

Commitments and Contingencies80

Commitments and Contingencies (Cost/Income Asbestos Related Claims after Recoveries) (Details) - Asbestos [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Continuing operations	$ 1.5	$ 0
Discontinued operations	(7.2)	(3.3)
Total	$ (5.7)	$ (3.3)

Commitments and Contingencies81

Commitments and Contingencies (Product Warranty Liability) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Balance at beginning of period	$ 270.5	$ 261.6
Reductions for payments	(35.5)	(31.1)
Accruals for warranties issued during the current period	34	28.3
Changes to accruals related to preexisting warranties	1	(1.8)
Translation	1.5	1.2
Balance at end of period	$ 271.5	$ 258.2

Commitments and Contingencies C

Commitments and Contingencies Commitments and Contingencies (Extended Warranty Accrual) (Details) - Extended Warranty [Member] - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Balance at beginning of period	$ 293	$ 295.9
Amortization of deferred revenue for the period	(26)	(25.1)
Additions for extended warranties issued during the period	23.8	24.4
Changes to accruals related to preexisting warranties	(0.3)	0.5
Translation	0.4	0.3
Balance at end of period	$ 290.9	$ 296

Guarantor Financial Informati83

Guarantor Financial Information (Condensed Consolidating Statements of Comprehensive Income) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017
Condensed Financial Statements, Captions [Line Items]
Net revenues	$ 3,384.5	$ 3,000.6
Cost of goods sold	(2,420.2)	(2,126.1)
Selling and administrative expenses	(720.9)	(659.5)
Operating income	243.4	215
Equity earnings (loss) in subsidiaries, net of tax	0	0
Interest expense	(72.9)	(54)
Intercompany interest and fees	0	0
Other income/(expense), net	(4)	(4.7)
Earnings before income taxes	166.5	156.3
Benefit (provision) for income taxes	(33)	(28.7)
Earnings from continuing operations	133.5	127.6
Discontinued operations, net of tax	(9.4)	(6.5)
Net earnings	124.1	121.1
Less: Net earnings attributable to noncontrolling interests	(3.7)	(4)
Net earnings attributable to Ingersoll-Rand plc	120.4	117.1
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	152.1	120.6
Total comprehensive income attributable to Ingersoll-Rand plc	272.5	237.7
IR Ireland [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	0	0
Cost of goods sold	0	0
Selling and administrative expenses	(1.7)	(2.3)
Operating income	(1.7)	(2.3)
Equity earnings (loss) in subsidiaries, net of tax	124.2	124.9
Interest expense	0	0
Intercompany interest and fees	(1)	(5.8)
Other income/(expense), net	0	0
Earnings before income taxes	121.5	116.8
Benefit (provision) for income taxes	1.1	(0.3)
Earnings from continuing operations	120.4	117.1
Discontinued operations, net of tax	0	0
Net earnings	120.4	117.1
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	120.4	117.1
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	152.1	120.6
Total comprehensive income attributable to Ingersoll-Rand plc	272.5	237.7
IR Irish Holdings [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	0	0
Cost of goods sold	0	0
Selling and administrative expenses	0	0
Operating income	0	0
Equity earnings (loss) in subsidiaries, net of tax	123.5	117.4
Interest expense	0	0
Intercompany interest and fees	0	0
Other income/(expense), net	0	0
Earnings before income taxes	123.5	117.4
Benefit (provision) for income taxes	0	0
Earnings from continuing operations	123.5	117.4
Discontinued operations, net of tax	0	0
Net earnings	123.5	117.4
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	123.5	117.4
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	151.9	120.3
Total comprehensive income attributable to Ingersoll-Rand plc	275.4	237.7
IR Lux International [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	0	0
Cost of goods sold	0	0
Selling and administrative expenses	0	0
Operating income	0	0
Equity earnings (loss) in subsidiaries, net of tax	110.9	93.9
Interest expense	0	0
Intercompany interest and fees	4	(13.5)
Other income/(expense), net	0	0
Earnings before income taxes	114.9	80.4
Benefit (provision) for income taxes	0.3	0
Earnings from continuing operations	115.2	80.4
Discontinued operations, net of tax	0	0
Net earnings	115.2	80.4
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	115.2	80.4
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	144.2	114.9
Total comprehensive income attributable to Ingersoll-Rand plc	259.4	195.3
IR Global [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	0	0
Cost of goods sold	0	0
Selling and administrative expenses	(0.1)	(0.9)
Operating income	(0.1)	(0.9)
Equity earnings (loss) in subsidiaries, net of tax	118.3	23
Interest expense	(50.3)	(31.7)
Intercompany interest and fees	(27.8)	(42.7)
Other income/(expense), net	0.7	0
Earnings before income taxes	40.8	(52.3)
Benefit (provision) for income taxes	(17.7)	(27.4)
Earnings from continuing operations	58.5	(24.9)
Discontinued operations, net of tax	0	0
Net earnings	58.5	(24.9)
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	58.5	(24.9)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	105.8	78
Total comprehensive income attributable to Ingersoll-Rand plc	164.3	53.1
IR New Jersey [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	347.6	316.3
Cost of goods sold	(253.8)	(234.6)
Selling and administrative expenses	(136.3)	(121.3)
Operating income	(42.5)	(39.6)
Equity earnings (loss) in subsidiaries, net of tax	162.7	107.1
Interest expense	(11.8)	(11.9)
Intercompany interest and fees	6.3	(74.2)
Other income/(expense), net	(3.6)	(2.7)
Earnings before income taxes	111.1	(21.3)
Benefit (provision) for income taxes	(16.4)	(50)
Earnings from continuing operations	127.5	28.7
Discontinued operations, net of tax	(9.3)	(5.8)
Net earnings	118.2	22.9
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	118.2	22.9
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	105.2	77.9
Total comprehensive income attributable to Ingersoll-Rand plc	223.4	100.8
IR Lux Finance [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	0	0
Cost of goods sold	0	0
Selling and administrative expenses	0	(0.1)
Operating income	0	(0.1)
Equity earnings (loss) in subsidiaries, net of tax	39.2	6
Interest expense	(10.6)	(10.3)
Intercompany interest and fees	(2.4)	(1.9)
Other income/(expense), net	0.1	0
Earnings before income taxes	26.3	(6.3)
Benefit (provision) for income taxes	0	0
Earnings from continuing operations	26.3	(6.3)
Discontinued operations, net of tax	0	0
Net earnings	26.3	(6.3)
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	26.3	(6.3)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	37.3	36.1
Total comprehensive income attributable to Ingersoll-Rand plc	63.6	29.8
Other Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	3,140.7	2,777.8
Cost of goods sold	(2,270.2)	(1,985)
Selling and administrative expenses	(582.8)	(534.9)
Operating income	287.7	257.9
Equity earnings (loss) in subsidiaries, net of tax	0	0
Interest expense	(0.2)	(0.1)
Intercompany interest and fees	20.9	138.1
Other income/(expense), net	(1.2)	(2)
Earnings before income taxes	307.2	393.9
Benefit (provision) for income taxes	66.3	106.4
Earnings from continuing operations	240.9	287.5
Discontinued operations, net of tax	(0.1)	(0.7)
Net earnings	240.8	286.8
Less: Net earnings attributable to noncontrolling interests	(3.7)	(4)
Net earnings attributable to Ingersoll-Rand plc	237.1	282.8
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	145.8	118.1
Total comprehensive income attributable to Ingersoll-Rand plc	382.9	400.9
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net revenues	(103.8)	(93.5)
Cost of goods sold	103.8	93.5
Selling and administrative expenses	0	0
Operating income	0	0
Equity earnings (loss) in subsidiaries, net of tax	(678.8)	(472.3)
Interest expense	0	0
Intercompany interest and fees	0	0
Other income/(expense), net	0	0
Earnings before income taxes	(678.8)	(472.3)
Benefit (provision) for income taxes	0	0
Earnings from continuing operations	(678.8)	(472.3)
Discontinued operations, net of tax	0	0
Net earnings	(678.8)	(472.3)
Less: Net earnings attributable to noncontrolling interests	0	0
Net earnings attributable to Ingersoll-Rand plc	(678.8)	(472.3)
Other Comprehensive Income (Loss), Net of Tax, Portion Attributable to Parent	(690.2)	(545.3)
Total comprehensive income attributable to Ingersoll-Rand plc	$ (1,369)	$ (1,017.6)

Guarantor Financial Informati84

Guarantor Financial Information (Condensed Consolidating Balance Sheets) (Details) - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017	Mar. 31, 2017	Dec. 31, 2016
Current assets:
Cash and cash equivalents	$ 1,175.1	$ 1,549.4	$ 1,322.5	$ 1,714.7
Accounts and notes receivable, net	2,516	2,477.4
Inventories, net	1,778.8	1,555.4
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	601.6	536.9
Due from Affiliate, Current	0	0
Total current assets	6,071.5	6,119.1
Property, plant and equipment, net	1,611.3	1,551.3
Intangible assets, net	9,875.2	9,678.6
Other noncurrent assets	807.1	824.3
Investments in and Advances to Affiliates, at Fair Value	0	0
Total assets	18,365.1	18,173.3
Current liabilities:
Current liabilities:	3,715.5	3,721
Short-term borrowings and current maturities of long-term debt	605.2	1,107
Short-term borrowings and current maturities of long-term debt	0	0
Total current liabilities	4,320.7	4,828
Long-term debt	3,745.5	2,957
Other noncurrent liabilities	3,158.5	3,181.4
Total liabilities	11,224.7	10,966.4
Equity:
Total equity	7,140.4	7,206.9	6,653.9	6,718.3
Total liabilities and equity	18,365.1	18,173.3
IR Ireland [Member]
Current assets:
Cash and cash equivalents	0	0	0.1	0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	0.3	0.2
Due from Affiliate, Current	1,852.8	1,819.1
Total current assets	1,853.1	1,819.3
Property, plant and equipment, net	0	0
Intangible assets, net	0	0
Other noncurrent assets	0	0
Investments in and Advances to Affiliates, at Fair Value	7,530.9	7,318.1
Total assets	9,384	9,137.4
Current liabilities:
Current liabilities:	8.3	8.5
Short-term borrowings and current maturities of long-term debt	0	0
Short-term borrowings and current maturities of long-term debt	2,295	1,988.3
Total current liabilities	2,303.3	1,996.8
Long-term debt	0	0
Other noncurrent liabilities	0	0.3
Total liabilities	2,303.3	1,997.1
Equity:
Total equity	7,080.7	7,140.3
Total liabilities and equity	9,384	9,137.4
IR Irish Holdings [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	0	0
Due from Affiliate, Current	1,503.9	9,912.2
Total current assets	1,503.9	9,912.2
Property, plant and equipment, net	0	0
Intangible assets, net	0	0
Other noncurrent assets	0	0
Investments in and Advances to Affiliates, at Fair Value	5,986.8	1,684.2
Total assets	7,490.7	11,596.4
Current liabilities:
Current liabilities:	0	0
Short-term borrowings and current maturities of long-term debt	0	0
Short-term borrowings and current maturities of long-term debt	2.5	0
Total current liabilities	2.5	0
Long-term debt	0	0
Other noncurrent liabilities	0	0
Total liabilities	2.5	0
Equity:
Total equity	7,488.2	11,596.4
Total liabilities and equity	7,490.7	11,596.4
IR Lux International [Member]
Current assets:
Cash and cash equivalents	0.1	0.6	0	0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	5.7	5.7
Due from Affiliate, Current	2,049.7	2,036.8
Total current assets	2,055.5	2,043.1
Property, plant and equipment, net	0	0
Intangible assets, net	0	0
Other noncurrent assets	4.3	0
Investments in and Advances to Affiliates, at Fair Value	3,001	2,953.9
Total assets	5,060.8	4,997
Current liabilities:
Current liabilities:	0.2	0.2
Short-term borrowings and current maturities of long-term debt	0	0
Short-term borrowings and current maturities of long-term debt	918.1	9,316.7
Total current liabilities	918.3	9,316.9
Long-term debt	0	0
Other noncurrent liabilities	0	0
Total liabilities	918.3	9,316.9
Equity:
Total equity	4,142.5	(4,319.9)
Total liabilities and equity	5,060.8	4,997
IR Global [Member]
Current assets:
Cash and cash equivalents	0	0	0	0
Accounts and notes receivable, net	0.5	0
Inventories, net	0	0
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	107.6	112.6
Due from Affiliate, Current	0	0
Total current assets	108.1	112.6
Property, plant and equipment, net	0	0
Intangible assets, net	0	0
Other noncurrent assets	185.1	185.4
Investments in and Advances to Affiliates, at Fair Value	10,619.3	10,480.3
Total assets	10,912.5	10,778.3
Current liabilities:
Current liabilities:	23.6	27.3
Short-term borrowings and current maturities of long-term debt	0	749.6
Short-term borrowings and current maturities of long-term debt	5,523.2	5,481.1
Total current liabilities	5,546.8	6,258
Long-term debt	2,328.2	1,539.9
Other noncurrent liabilities	93.7	92.4
Total liabilities	7,968.7	7,890.3
Equity:
Total equity	2,943.8	2,888
Total liabilities and equity	10,912.5	10,778.3
IR New Jersey [Member]
Current assets:
Cash and cash equivalents	35.6	359.3	563.9	634.6
Accounts and notes receivable, net	162.6	166.5
Inventories, net	160.7	168.5
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	106	76.2
Due from Affiliate, Current	2,053.2	1,849.9
Total current assets	2,518.1	2,620.4
Property, plant and equipment, net	291.4	310.6
Intangible assets, net	434	436
Other noncurrent assets	449.2	471.1
Investments in and Advances to Affiliates, at Fair Value	11,159.6	10,923.7
Total assets	14,852.3	14,761.8
Current liabilities:
Current liabilities:	520.5	572.3
Short-term borrowings and current maturities of long-term debt	350.4	350.4
Short-term borrowings and current maturities of long-term debt	1,832.5	1,790
Total current liabilities	2,703.4	2,712.7
Long-term debt	326.9	326.8
Other noncurrent liabilities	1,212.5	1,251.8
Total liabilities	4,242.8	4,291.3
Equity:
Total equity	10,609.5	10,470.5
Total liabilities and equity	14,852.3	14,761.8
IR Lux Finance [Member]
Current assets:
Cash and cash equivalents	0.1	0	0	0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	0	0
Due from Affiliate, Current	0	0
Total current assets	0.1	0
Property, plant and equipment, net	0	0
Intangible assets, net	0	0
Other noncurrent assets	0	0
Investments in and Advances to Affiliates, at Fair Value	1,228	1,150.9
Total assets	1,228.1	1,150.9
Current liabilities:
Current liabilities:	16.7	6.9
Short-term borrowings and current maturities of long-term debt	247.9	0
Short-term borrowings and current maturities of long-term debt	278.2	523.3
Total current liabilities	542.8	530.2
Long-term debt	1,090.1	1,089.7
Other noncurrent liabilities	0	0
Total liabilities	1,632.9	1,619.9
Equity:
Total equity	(404.8)	(469)
Total liabilities and equity	1,228.1	1,150.9
Other Subsidiaries [Member]
Current assets:
Cash and cash equivalents	1,139.3	1,189.5	758.5	1,080.1
Accounts and notes receivable, net	2,352.9	2,310.9
Inventories, net	1,618.1	1,386.9
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	382	342.2
Due from Affiliate, Current	4,931.8	5,014.8
Total current assets	10,424.1	10,244.3
Property, plant and equipment, net	1,319.9	1,240.7
Intangible assets, net	9,441.2	9,242.6
Other noncurrent assets	550.5	550.8
Investments in and Advances to Affiliates, at Fair Value	0	0
Total assets	21,735.7	21,278.4
Current liabilities:
Current liabilities:	3,146.2	3,105.8
Short-term borrowings and current maturities of long-term debt	6.9	7
Short-term borrowings and current maturities of long-term debt	1,541.9	1,533.4
Total current liabilities	4,695	4,646.2
Long-term debt	0.3	0.6
Other noncurrent liabilities	2,234.3	2,219.9
Total liabilities	6,929.6	6,866.7
Equity:
Total equity	14,806.1	14,411.7
Total liabilities and equity	21,735.7	21,278.4
Consolidation, Eliminations [Member]
Current assets:
Cash and cash equivalents	0	0	$ 0	$ 0
Accounts and notes receivable, net	0	0
Inventories, net	0	0
OtherAssetsCurrentAndDeferredTaxesAndTaxReceivable	0	0
Due from Affiliate, Current	(12,391.4)	(20,632.8)
Total current assets	(12,391.4)	(20,632.8)
Property, plant and equipment, net	0	0
Intangible assets, net	0	0
Other noncurrent assets	(382)	(383)
Investments in and Advances to Affiliates, at Fair Value	(39,525.6)	(34,511.1)
Total assets	(52,299)	(55,526.9)
Current liabilities:
Current liabilities:	0	0
Short-term borrowings and current maturities of long-term debt	0	0
Short-term borrowings and current maturities of long-term debt	(12,391.4)	(20,632.8)
Total current liabilities	(12,391.4)	(20,632.8)
Long-term debt	0	0
Other noncurrent liabilities	(382)	(383)
Total liabilities	(12,773.4)	(21,015.8)
Equity:
Total equity	(39,525.6)	(34,511.1)
Total liabilities and equity	$ (52,299)	$ (55,526.9)

Guarantor Financial Informati85

Guarantor Financial Information (Condensed Consolidating Statements of Cash Flows) (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017	Dec. 31, 2016
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	$ (45.8)	$ (33.3)
Net cash provided by (used in) discontinued operating activities	(20.4)	(10.1)
Net Cash Provided by (Used in) Operating Activities	(66.2)	(43.4)
Cash flows from investing activities:
Capital expenditures	(52.8)	(35.2)
Acquisition of businesses, net of cash acquired	(201.6)	(9.8)
Proceeds from sale of property, plant and equipment	0.7	0.4
Proceeds from Sale of Equity Method Investments	(4)
Payments for (Proceeds from) Businesses and Interest in Affiliates	0	0
Net cash provided by (used in) continuing investing activities	(257.7)	(44.6)
Cash flows from financing activities:
Net proceeds (repayments) in debt	(279.5)	0
Debt issuance costs	(8.5)	(0.2)
DividendsPaid	111.6	102.7
Dividends paid to noncontrolling interests	(11)	(6.9)
Repurchase of ordinary shares	(250)	(250.1)
Other, net	5.2	18.4
Net proceeds (repayments) from debt	0	0
Net cash provided by (used in) continuing financing activities	(96.4)	(341.5)
Effect of exchange rate changes on cash and cash equivalents	46	37.3
Net increase (decrease) in cash and cash equivalents	(374.3)	(392.2)
Cash and cash equivalents	1,175.1	1,322.5	$ 1,549.4	$ 1,714.7
IR Ireland [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	102.6	21.6
Net cash provided by (used in) discontinued operating activities	0	0
Net Cash Provided by (Used in) Operating Activities	102.6	21.6
Cash flows from investing activities:
Capital expenditures	0	0
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	0	0
Net cash provided by (used in) continuing investing activities	0	0
Cash flows from financing activities:
Net proceeds (repayments) in debt	0
Debt issuance costs	0	0
DividendsPaid	111.6	102.7
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	(250)	(250.1)
Other, net	6.6	16.6
Net proceeds (repayments) from debt	252.4	314.7
Net cash provided by (used in) continuing financing activities	(102.6)	(21.5)
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	0	0.1
Cash and cash equivalents	0	0.1	0	0
IR Irish Holdings [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	0	0
Net cash provided by (used in) discontinued operating activities	0	0
Net Cash Provided by (Used in) Operating Activities	0	0
Cash flows from investing activities:
Capital expenditures	0	0
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	0	0
Net cash provided by (used in) continuing investing activities	0	0
Cash flows from financing activities:
Net proceeds (repayments) in debt	0
Debt issuance costs	0	0
DividendsPaid	0	0
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	0	0
Other, net	0	0
Net proceeds (repayments) from debt	0	0
Net cash provided by (used in) continuing financing activities	0	0
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents	0	0	0	0
IR Lux International [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	0	0
Net cash provided by (used in) discontinued operating activities	0	0
Net Cash Provided by (Used in) Operating Activities	0	0
Cash flows from investing activities:
Capital expenditures	0	0
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	(4)
Payments for (Proceeds from) Businesses and Interest in Affiliates	(0.5)	1,153.2
Net cash provided by (used in) continuing investing activities	(4.5)	1,153.2
Cash flows from financing activities:
Net proceeds (repayments) in debt	0
Debt issuance costs	0	0
DividendsPaid	0	0
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	0	0
Other, net	0	0
Net proceeds (repayments) from debt	4	(1,153.2)
Net cash provided by (used in) continuing financing activities	4	(1,153.2)
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	(0.5)	0
Cash and cash equivalents	0.1	0	0.6	0
IR Global [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	(32.2)	(72.6)
Net cash provided by (used in) discontinued operating activities	0	0
Net Cash Provided by (Used in) Operating Activities	(32.2)	(72.6)
Cash flows from investing activities:
Capital expenditures	0	0
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	0	72.8
Net cash provided by (used in) continuing investing activities	0	72.8
Cash flows from financing activities:
Net proceeds (repayments) in debt	(31.6)
Debt issuance costs	(8.5)	(0.2)
DividendsPaid	0	0
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	0	0
Other, net	0	0
Net proceeds (repayments) from debt	9.1	0
Net cash provided by (used in) continuing financing activities	32.2	(0.2)
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents	0	0	0	0
IR New Jersey [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	19.6	27.3
Net cash provided by (used in) discontinued operating activities	(20.3)	(17.8)
Net Cash Provided by (Used in) Operating Activities	(0.7)	9.5
Cash flows from investing activities:
Capital expenditures	(8.8)	(10.5)
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	(208.8)	0
Net cash provided by (used in) continuing investing activities	(217.6)	(10.5)
Cash flows from financing activities:
Net proceeds (repayments) in debt	0
Debt issuance costs	0	0
DividendsPaid	0	0
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	0	0
Other, net	(0.4)	0
Net proceeds (repayments) from debt	(105)	(69.7)
Net cash provided by (used in) continuing financing activities	(105.4)	(69.7)
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	(323.7)	(70.7)
Cash and cash equivalents	35.6	563.9	359.3	634.6
IR Lux Finance [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	(0.3)	0
Net cash provided by (used in) discontinued operating activities	0	0
Net Cash Provided by (Used in) Operating Activities	(0.3)	0
Cash flows from investing activities:
Capital expenditures	0	0
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	0	11.6
Net cash provided by (used in) continuing investing activities	0	11.6
Cash flows from financing activities:
Net proceeds (repayments) in debt	(247.9)
Debt issuance costs	0	0
DividendsPaid	0	0
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	0	0
Other, net	0	0
Net proceeds (repayments) from debt	(247.5)	(11.6)
Net cash provided by (used in) continuing financing activities	0.4	(11.6)
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	0.1	0
Cash and cash equivalents	0.1	0	0	0
Other Subsidiaries [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	(135.5)	(9.6)
Net cash provided by (used in) discontinued operating activities	(0.1)	7.7
Net Cash Provided by (Used in) Operating Activities	(135.6)	(1.9)
Cash flows from investing activities:
Capital expenditures	(44)	(24.7)
Acquisition of businesses, net of cash acquired	(201.6)	(9.8)
Proceeds from sale of property, plant and equipment	0.7	0.4
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	287	919.7
Net cash provided by (used in) continuing investing activities	42.1	885.6
Cash flows from financing activities:
Net proceeds (repayments) in debt	0
Debt issuance costs	0	0
DividendsPaid	0	0
Dividends paid to noncontrolling interests	(11)	(6.9)
Repurchase of ordinary shares	0	0
Other, net	(1)	1.8
Net proceeds (repayments) from debt	9.3	(1,237.5)
Net cash provided by (used in) continuing financing activities	(2.7)	(1,242.6)
Effect of exchange rate changes on cash and cash equivalents	46	37.3
Net increase (decrease) in cash and cash equivalents	(50.2)	(321.6)
Cash and cash equivalents	1,139.3	758.5	1,189.5	1,080.1
Consolidation, Eliminations [Member]
Condensed Financial Statements, Captions [Line Items]
Net cash provided by (used in) continuing operating activities	0	0
Net cash provided by (used in) discontinued operating activities	0	0
Net Cash Provided by (Used in) Operating Activities	0	0
Cash flows from investing activities:
Capital expenditures	0	0
Acquisition of businesses, net of cash acquired	0	0
Proceeds from sale of property, plant and equipment	0	0
Proceeds from Sale of Equity Method Investments	0
Payments for (Proceeds from) Businesses and Interest in Affiliates	(77.7)	(2,157.3)
Net cash provided by (used in) continuing investing activities	(77.7)	(2,157.3)
Cash flows from financing activities:
Net proceeds (repayments) in debt	0
Debt issuance costs	0	0
DividendsPaid	0	0
Dividends paid to noncontrolling interests	0	0
Repurchase of ordinary shares	0	0
Other, net	0	0
Net proceeds (repayments) from debt	77.7	2,157.3
Net cash provided by (used in) continuing financing activities	77.7	2,157.3
Effect of exchange rate changes on cash and cash equivalents	0	0
Net increase (decrease) in cash and cash equivalents	0	0
Cash and cash equivalents	$ 0	$ 0	$ 0	$ 0

Restructuring Costs (Details)

Restructuring Costs (Details) - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2018	Mar. 31, 2017	Dec. 31, 2017
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Current	$ 51.8		$ 16
Restructuring and Related Cost, Incurred Cost	44.4	$ 32.7
Restructuring and Related Cost, Incurred Cost excluding asset realization	44.4
Payments for Restructuring	(8.6)
cost of goods sold [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	36.5	30.3
selling and administrative expenses [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring and Related Cost, Incurred Cost	7.9	2.4
Climate
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Current	6.9		7.4
Restructuring and Related Cost, Incurred Cost	3.9	28
Restructuring and Related Cost, Incurred Cost excluding asset realization	3.9
Payments for Restructuring	4.4
Industrial
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Current	40.3		6.1
Restructuring and Related Cost, Incurred Cost	35.7	4.7
Restructuring and Related Cost, Incurred Cost excluding asset realization	35.7
Payments for Restructuring	1.5
Corporate and Other [Member]
Restructuring Cost and Reserve [Line Items]
Restructuring Reserve, Current	4.6		$ 2.5
Restructuring and Related Cost, Incurred Cost	4.8	$ 0
Restructuring and Related Cost, Incurred Cost excluding asset realization	4.8
Payments for Restructuring	$ 2.7