Employee Benefit Plan, Master Trust (Tables) - EBPESP
|
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 1 | | Level 2 | | Level 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 funds | | 60,425,616 | | | — | | | — | | | — | | | 60,425,616 | | | Mutual funds - target date retirement funds | | 33,415,626 | | | — | | | — | | | — | | | 33,415,626 | | | Self-directed brokerage accounts | | 667,342,549 | | | — | | | — | | | — | | | 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 1 | | Level 2 | | Level 3 | | Not 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 funds | | 773,943,769 | | | — | | | — | | | — | | | 773,943,769 | | | Mutual funds - target date retirement funds | | 26,190,913 | | | — | | | — | | | — | | | 26,190,913 | | | Self-directed brokerage accounts | | 560,077,487 | | | — | | | — | | | — | | | 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 Stock | | 1,968,331,721 | | | — | | | — | | | — | | | 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 Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 93,841,242 | | | $ | 59,251,570 | | | Self-directed brokerage accounts | | 667,342,549 | | | 656,478,995 | | | Common collective trusts | | 5,699,163,629 | | | 5,491,914,103 | | | Separate accounts | | 300,275,022 | | | 281,476,036 | | | Trane Technologies Stock Fund | | 1,819,329,567 | | | 1,742,589,595 | | | Investments, at fair value | | $ | 8,579,952,009 | | | $ | 8,231,710,299 | |
| | | | | | | | | | | | | | | | | 2024 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 800,134,682 | | | $ | 758,319,392 | | | Self-directed brokerage accounts | | 560,077,487 | | | 550,332,775 | | | Common collective trusts | | 4,135,099,380 | | | 3,972,360,751 | | | Separate accounts | | 296,093,335 | | | 275,570,250 | | | Trane Technologies Stock Fund | | 1,968,331,721 | | | 1,884,200,011 | | | Investments, at fair value | | $ | 7,759,736,605 | | | $ | 7,440,783,179 | |
|
Summarized Master Trust information follows at December 31: | | | | | | | | | | | | | | | | | 2025 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 93,841,242 | | | $ | 59,251,570 | | | Self-directed brokerage accounts | | 667,342,549 | | | 656,478,995 | | | Common collective trusts | | 5,699,163,629 | | | 5,491,914,103 | | | Separate accounts | | 300,275,022 | | | 281,476,036 | | | Trane Technologies Stock Fund | | 1,819,329,567 | | | 1,742,589,595 | | | Investments, at fair value | | $ | 8,579,952,009 | | | $ | 8,231,710,299 | |
| | | | | | | | | | | | | | | | | 2024 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 800,134,682 | | | $ | 758,319,392 | | | Self-directed brokerage accounts | | 560,077,487 | | | 550,332,775 | | | Common collective trusts | | 4,135,099,380 | | | 3,972,360,751 | | | Separate accounts | | 296,093,335 | | | 275,570,250 | | | Trane Technologies Stock Fund | | 1,968,331,721 | | | 1,884,200,011 | | | Investments, at fair value | | $ | 7,759,736,605 | | | $ | 7,440,783,179 | |
|
| EBP, Master Trust [Line Items] |
|
|
| EBP, Master Trust |
Summarized Master Trust information follows at December 31: | | | | | | | | | | | | | | | | | 2025 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 93,841,242 | | | $ | 59,251,570 | | | Self-directed brokerage accounts | | 667,342,549 | | | 656,478,995 | | | Common collective trusts | | 5,699,163,629 | | | 5,491,914,103 | | | Separate accounts | | 300,275,022 | | | 281,476,036 | | | Trane Technologies Stock Fund | | 1,819,329,567 | | | 1,742,589,595 | | | Investments, at fair value | | $ | 8,579,952,009 | | | $ | 8,231,710,299 | |
| | | | | | | | | | | | | | | | | 2024 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 800,134,682 | | | $ | 758,319,392 | | | Self-directed brokerage accounts | | 560,077,487 | | | 550,332,775 | | | Common collective trusts | | 4,135,099,380 | | | 3,972,360,751 | | | Separate accounts | | 296,093,335 | | | 275,570,250 | | | Trane Technologies Stock Fund | | 1,968,331,721 | | | 1,884,200,011 | | | Investments, at fair value | | $ | 7,759,736,605 | | | $ | 7,440,783,179 | |
|
Summarized Master Trust information follows at December 31: | | | | | | | | | | | | | | | | | 2025 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 93,841,242 | | | $ | 59,251,570 | | | Self-directed brokerage accounts | | 667,342,549 | | | 656,478,995 | | | Common collective trusts | | 5,699,163,629 | | | 5,491,914,103 | | | Separate accounts | | 300,275,022 | | | 281,476,036 | | | Trane Technologies Stock Fund | | 1,819,329,567 | | | 1,742,589,595 | | | Investments, at fair value | | $ | 8,579,952,009 | | | $ | 8,231,710,299 | |
| | | | | | | | | | | | | | | | | 2024 | | | Master Trust Balances | | Plan's interest in Master Trust Balances | | Investments, at fair value | | | | | | Mutual funds | | $ | 800,134,682 | | | $ | 758,319,392 | | | Self-directed brokerage accounts | | 560,077,487 | | | 550,332,775 | | | Common collective trusts | | 4,135,099,380 | | | 3,972,360,751 | | | Separate accounts | | 296,093,335 | | | 275,570,250 | | | Trane Technologies Stock Fund | | 1,968,331,721 | | | 1,884,200,011 | | | Investments, at fair value | | $ | 7,759,736,605 | | | $ | 7,440,783,179 | |
|
| 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 1 | | Level 2 | | Level 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 funds | | 60,425,616 | | | — | | | — | | | — | | | 60,425,616 | | | Mutual funds - target date retirement funds | | 33,415,626 | | | — | | | — | | | — | | | 33,415,626 | | | Self-directed brokerage accounts | | 667,342,549 | | | — | | | — | | | — | | | 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 1 | | Level 2 | | Level 3 | | Not 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 funds | | 773,943,769 | | | — | | | — | | | — | | | 773,943,769 | | | Mutual funds - target date retirement funds | | 26,190,913 | | | — | | | — | | | — | | | 26,190,913 | | | Self-directed brokerage accounts | | 560,077,487 | | | — | | | — | | | — | | | 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 Stock | | 1,968,331,721 | | | — | | | — | | | — | | | 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.
|