v3.26.1
Employee Benefit Plan, Master Trust (Tables) - EBPESPB
 12 Months Ended
Dec. 31, 2025
Dec. 31, 2024
EBP, Master Trust [Abstract]    
EBP, Investment, Fair Value and NAV
The following summarizes the classification of the Master Trust investments by classification and method of valuation as of December 31, 2025:
 Level 1Level 2Level 3    Not subject to leveling (a)Total
Master Trust
Investments at fair value:
Separate accounts:
Stable value funds $— $— $— $184,756,084 $184,756,084 
Fixed income bond funds — — — 115,518,938 115,518,938 
Mutual funds60,425,616 — — — 60,425,616 
Mutual funds - target date retirement funds33,415,626 — — — 33,415,626 
Self-directed brokerage accounts667,342,549 — — — 667,342,549 
Common collective trusts:
Index funds — — — 2,528,076,114 2,528,076,114 
Target date retirement funds — — — 3,171,087,515 3,171,087,515 
Trane Technologies Stock 1,819,329,567 — — — 1,819,329,567 
Total Investments, at fair value$2,580,513,358 $— $— $5,999,438,651 $8,579,952,009 
(a) In accordance with GAAP, certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the summarized Master Trust Investments, at fair value earlier in this Note.
The following summarizes the classification of the Master Trust investments by classification and method of valuation as of December 31, 2024:
Level 1Level 2Level 3Not subject to leveling (a)Total
Master Trust
Investments at fair value:
Separate accounts:
Stable value funds$— $— $— $185,776,560 $185,776,560 
Fixed income bond funds— — — 110,316,775 110,316,775 
Mutual funds773,943,769 — — — 773,943,769 
Mutual funds - target date retirement funds26,190,913 — — — 26,190,913 
Self-directed brokerage accounts560,077,487 — — — 560,077,487 
Common collective trusts:
Index funds— — — 1,533,855,702 1,533,855,702 
Target date retirement funds— — — 2,601,243,678 2,601,243,678 
Trane Technologies Stock1,968,331,721 — — — 1,968,331,721 
Total Investments, at fair value$3,328,543,890 $— $— $4,431,192,715 $7,759,736,605 

 (a) In accordance with GAAP, certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the summarized Master Trust Investments, at fair value earlier in this Note.
EBP, Master Trust
Summarized Master Trust information follows at December 31: 
2025
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$93,841,242 $113,235 
Self-directed brokerage accounts667,342,549 — 
Common collective trusts5,699,163,629 9,392,968 
Separate accounts300,275,022 544,185 
Trane Technologies Stock Fund1,819,329,567 2,956,748 
Investments, at fair value$8,579,952,009 $13,007,136 

2024
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$800,134,682 $1,082,976 
Self-directed brokerage accounts560,077,487 — 
Common collective trusts4,135,099,380 7,003,880 
Separate accounts296,093,335 526,247 
Trane Technologies Stock Fund1,968,331,721 3,063,785 
Investments, at fair value$7,759,736,605 $11,676,888 
Summarized Master Trust information follows at December 31: 
2025
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$93,841,242 $113,235 
Self-directed brokerage accounts667,342,549 — 
Common collective trusts5,699,163,629 9,392,968 
Separate accounts300,275,022 544,185 
Trane Technologies Stock Fund1,819,329,567 2,956,748 
Investments, at fair value$8,579,952,009 $13,007,136 

2024
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$800,134,682 $1,082,976 
Self-directed brokerage accounts560,077,487 — 
Common collective trusts4,135,099,380 7,003,880 
Separate accounts296,093,335 526,247 
Trane Technologies Stock Fund1,968,331,721 3,063,785 
Investments, at fair value$7,759,736,605 $11,676,888 
EBP, Master Trust [Line Items]    
EBP, Master Trust
4Investment in the Master Trust
The Plan’s investments are held in the Master Trust which was established for the investment of assets of the Plan and several other retirement plans sponsored by the Company. The assets of the Master Trust are held by Fidelity. Each participating retirement plan has an identifiable interest in the Master Trust; however, investment options for participants may vary by plan. Fidelity maintains separate accounting of all contributions, benefit payments and expenses and allocates income (loss) earned and received by the Master Trust on the basis of the adjusted value of each plan at each measurement date. 		 
EBP, Investment, Fair Value and NAV
The following summarizes the classification of the Master Trust investments by classification and method of valuation as of December 31, 2025:
 Level 1Level 2Level 3    Not subject to leveling (a)Total
Master Trust
Investments at fair value:
Separate accounts:
Stable value funds $— $— $— $184,756,084 $184,756,084 
Fixed income bond funds — — — 115,518,938 115,518,938 
Mutual funds60,425,616 — — — 60,425,616 
Mutual funds - target date retirement funds33,415,626 — — — 33,415,626 
Self-directed brokerage accounts667,342,549 — — — 667,342,549 
Common collective trusts:
Index funds — — — 2,528,076,114 2,528,076,114 
Target date retirement funds — — — 3,171,087,515 3,171,087,515 
Trane Technologies Stock 1,819,329,567 — — — 1,819,329,567 
Total Investments, at fair value$2,580,513,358 $— $— $5,999,438,651 $8,579,952,009 
(a) In accordance with GAAP, certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the summarized Master Trust Investments, at fair value earlier in this Note.
The following summarizes the classification of the Master Trust investments by classification and method of valuation as of December 31, 2024:
Level 1Level 2Level 3Not subject to leveling (a)Total
Master Trust
Investments at fair value:
Separate accounts:
Stable value funds$— $— $— $185,776,560 $185,776,560 
Fixed income bond funds— — — 110,316,775 110,316,775 
Mutual funds773,943,769 — — — 773,943,769 
Mutual funds - target date retirement funds26,190,913 — — — 26,190,913 
Self-directed brokerage accounts560,077,487 — — — 560,077,487 
Common collective trusts:
Index funds— — — 1,533,855,702 1,533,855,702 
Target date retirement funds— — — 2,601,243,678 2,601,243,678 
Trane Technologies Stock1,968,331,721 — — — 1,968,331,721 
Total Investments, at fair value$3,328,543,890 $— $— $4,431,192,715 $7,759,736,605 

 (a) In accordance with GAAP, certain investments that are measured at fair value using the NAV per share (or its equivalent) as a practical expedient have not been categorized in the fair value hierarchy. The fair value amounts presented in this table are intended to permit reconciliation of the fair value hierarchy to the amounts presented on the summarized Master Trust Investments, at fair value earlier in this Note.
EBP, Master Trust
Summarized Master Trust information follows at December 31: 
2025
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$93,841,242 $113,235 
Self-directed brokerage accounts667,342,549 — 
Common collective trusts5,699,163,629 9,392,968 
Separate accounts300,275,022 544,185 
Trane Technologies Stock Fund1,819,329,567 2,956,748 
Investments, at fair value$8,579,952,009 $13,007,136 

2024
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$800,134,682 $1,082,976 
Self-directed brokerage accounts560,077,487 — 
Common collective trusts4,135,099,380 7,003,880 
Separate accounts296,093,335 526,247 
Trane Technologies Stock Fund1,968,331,721 3,063,785 
Investments, at fair value$7,759,736,605 $11,676,888 
Summarized Master Trust information follows at December 31: 
2025
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$93,841,242 $113,235 
Self-directed brokerage accounts667,342,549 — 
Common collective trusts5,699,163,629 9,392,968 
Separate accounts300,275,022 544,185 
Trane Technologies Stock Fund1,819,329,567 2,956,748 
Investments, at fair value$8,579,952,009 $13,007,136 

2024
Master Trust BalancesPlan's interest in Master Trust Balances
Investments, at fair value
Mutual funds$800,134,682 $1,082,976 
Self-directed brokerage accounts560,077,487 — 
Common collective trusts4,135,099,380 7,003,880 
Separate accounts296,093,335 526,247 
Trane Technologies Stock Fund1,968,331,721 3,063,785 
Investments, at fair value$7,759,736,605 $11,676,888