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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2013
Dec. 31, 2012
Current assets:    
Cash and cash equivalents $ 480.6 $ 544.5
Receivables, net 543.3 440.3
Inventories, net 297.4 304.2
Other current assets 370.2 251.4
Total current assets 1,691.5 1,540.4
Plant, property and equipment, net 385.2 373.1
Goodwill 655.5 651.4
Other intangible assets, net 109.0 123.3
Asbestos-related assets 448.6 525.3
Deferred income taxes 345.2 21.4
Other non-current assets 160.3 151.2
Total non-current assets 2,103.8 1,845.7
Total assets 3,795.3 3,386.1 [1]
Current liabilities:    
Accounts payable 345.2 347.0
Accrued and other current liabilities 516.9 458.3
Total current liabilities 862.1 805.3
Asbestos-related liabilities 1,185.4 1,255.0
Postretirement benefits 327.8 330.3
Other non-current liabilities 294.0 292.3
Total non-current liabilities 1,807.2 1,877.6
Total liabilities 2,669.3 2,682.9
Shareholders’ equity:    
Common stock 90.7 [2] 91.9 [2]
Retained earnings 1,305.0 898.8
Total accumulated other comprehensive loss (274.6) (287.5)
Total ITT Corporation shareholders' equity 1,121.1 703.2
Noncontrolling interests 4.9 0
Total shareholders' equity 1,126.0 703.2
Total liabilities and shareholders' equity $ 3,795.3 $ 3,386.1
[1] Amounts reflect balances as of December 31, 2012.
[2] Shares issued and outstanding include unvested restricted common stock of 0.2 at December 31, 2012. Shares issued and outstanding do not included any unvested restricted common stock as of September 30, 2013.