Statement of Comprehensive Income

Comprehensive income is the change in equity (net assets) of a business enterprise during a period from transactions and other events and circumstances from non-owners sources. It includes all changes in equity during a period except those resulting from investments by owners and distributions to owners.

Trane Technologies plc, consolidated statement of comprehensive income

US$ in thousands

12 months ended:	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018
Net earnings	1,774,700)	1,436,600)	870,000)	1,428,500)	1,357,500)
Currency translation	(202,700)	(122,700)	261,500)	(37,100)	(230,600)
Unrealized net gains (losses) arising during period	(24,300)	1,600)	3,300)	(2,700)	1,200)
Net (gains) losses reclassified into earnings	10,200)	(6,400)	1,900)	700)	900)
Tax (expense) benefit	2,500)	1,100)	—)	900)	(100)
Cash flow hedges, net of tax	(11,600)	(3,700)	5,200)	(1,100)	2,000)
Prior service costs for the period	(3,300)	300)	(1,900)	(5,700)	(16,000)
Net actuarial gains (losses) for the period	54,200)	111,400)	(52,500)	(41,900)	12,800)
Amortization reclassified into earnings	21,600)	38,600)	43,400)	48,100)	50,700)
Net curtailment and settlement (gains) losses reclassified to earnings	15,000)	8,000)	(1,800)	2,200)	2,500)
Currency translation and other	12,700)	5,200)	(10,400)	(1,400)	7,500)
Tax (expense) benefit	(16,100)	(43,700)	(700)	(4,700)	(17,200)
Pension and OPEB adjustments, net of tax	84,100)	119,800)	(23,900)	(3,400)	40,300)
Other comprehensive income (loss), net of tax	(130,200)	(6,600)	242,800)	(41,600)	(188,300)
Comprehensive income, net of tax	1,644,500)	1,430,000)	1,112,800)	1,386,900)	1,169,200)
Comprehensive income attributable to noncontrolling interests	(16,600)	(12,700)	(17,800)	(18,500)	(16,900)
Comprehensive income attributable to Trane Technologies plc	1,627,900)	1,417,300)	1,095,000)	1,368,400)	1,152,300)

Based on: 10-K (reporting date: 2022-12-31), 10-K (reporting date: 2021-12-31), 10-K (reporting date: 2020-12-31), 10-K (reporting date: 2019-12-31), 10-K (reporting date: 2018-12-31).

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Comprehensive income item	Description	The company
Net earnings attributable to Trane Technologies plc	The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.	Trane Technologies plc net earnings attributable to Trane Technologies plc increased from 2020 to 2021 and from 2021 to 2022.
Comprehensive income attributable to Trane Technologies plc	Amount after tax of increase (decrease) in equity from transactions and other events and circumstances from net income and other comprehensive income, attributable to parent entity. Exclude changes in equity resulting from investments by owners and distributions to owners.	Trane Technologies plc comprehensive income attributable to Trane Technologies plc increased from 2020 to 2021 and from 2021 to 2022.

Trane Technologies plc (NYSE:TT)

Statement of Comprehensive Income