IR · 10-Q · 2026Q3 · Full report

Liquidity and Cash Position

Ingersoll Rand Inc. · 2026-10-30 · Importance 50 · Surprise 24 · From source text

At September 30, 2026, the Company had $2,600.0 million of unused availability under its $2,600.0 million Revolving Credit Facility, with no outstanding borrowings or letters of credit. The facility matures May 10, 2029, and its quarterly net-debt-to-adjusted-EBITDA covenant is 3.50 to 1.00, with qualified-acquisition increases to 4.00 to 1.00 available under specified conditions. The Company had no outstanding Commercial Paper Program borrowings at September 30, 2026. The fair value of debt was $4.7 billion at September 30, 2026, compared with $5.0 billion at December 31, 2025, and the Company reported compliance with all Senior Notes and revolving-facility covenants.

Key facts

• The Revolving Credit Facility provides a senior unsecured revolving facility with aggregate commitments of $2,600 million, maturing May 10, 2029, with up to two additional one-year extensions. source
• Ingersoll Rand can increase Revolving Credit Facility borrowing availability by up to $1,000.0 million through additional commitments on the facility's stated terms. source
• Short-term borrowings and current maturities of long-term debt were $700.2 million at September 30, 2026, versus $1.4 million at December 31, 2025, primarily because the 2027 Notes were reclassified; the notes mature in the second quarter of 2027, and the reclassification did not affect total debt outstanding. source
• At September 30, 2026, Ingersoll Rand had $700.2 million of current maturities of long-term debt, compared with $1.4 million at December 31, 2025. source
• Ingersoll Rand’s $700.0 million 5.197% Senior Notes due June 2027 were reclassified as current maturities at September 30, 2026. source
• At September 30, 2026, long-term debt, net, was $4,036.3 million, compared with $4,783.3 million at December 31, 2025. source
• As of September 30, 2026, the Revolving Credit Facility had $2,600.0 million in commitments, $200.0 million in letter-of-credit capacity, no outstanding borrowings or letters of credit, and $2,600.0 million of unused availability. source
• Ingersoll Rand established a commercial paper program on August 13, 2024, permitting issuance of short-term unsecured notes up to $2,600 million; it had no outstanding borrowings under the program as of September 30, 2026. source

Impact estimates