CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS (USD $) In Millions, unless otherwise specified	9 Months Ended
	Sep. 30, 2013	Sep. 30, 2012
Operating Activities
Net income	$ 478.5	$ 93.0
Income (loss) from discontinued operations	0.5	5.6
Less: Income attributable to noncontrolling interests	1.2	0
Net income from continuing operations attributable to ITT Corporation	476.8	87.4
Adjustments to income (loss) from continuing operations:
Depreciation and amortization	66.5	50.0
Stock-based compensation	9.7	9.4
Asbestos-related costs, net	16.5	35.1
Asbestos-related payments, net	(19.2)	(28.2)
Contributions to pension plans	(2.5)	(35.3)
Changes in assets and liabilities:
Change in receivables	(106.5)	(59.2)
Change in inventories	7.4	(15.1)
Change in accounts payable	4.4	(11.5)
Change in accrued expenses	(3.5)	(44.1)
Change in accrued and deferred income taxes	(340.1)	153.1
Other, net	(10.9)	33.7
Net Cash - Operating activities	98.6	175.3
Investing Activities
Capital expenditures	(58.2)	(43.7)
Purchases of investments	(147.2)	0
Maturities of investments	84.8	0
Other, net	1.8	1.2
Net Cash - Investing activities	(118.8)	(42.5)
Financing Activities
Short-term debt, net	53.5	(2.2)
Long-term debt, repaid	(6.0)	(0.3)
Repurchase of common stock	(87.9)	(76.9)
Issuance of common stock	28.0	40.2
Dividends paid	(18.3)	(17.2)
Excess tax benefit from equity compensation activity	5.3	4.1
Other, net	1.2	3.5
Net Cash - Financing activities	(24.2)	(48.8)
Exchange rate effects on cash and cash equivalents	(1.1)	(8.8)
Discontinued operations:
Operating activities	(18.4)	(1.1)
Investing activities	0	(0.1)
Financing activities	0	(1.9)
Net Cash - Discontinued operations	(18.4)	(3.1)
Net change in cash and cash equivalents	(63.9)	72.1
Cash and cash equivalents – beginning of year	544.5	689.9
Cash and cash equivalents – end of period	480.6	762.0
Cash paid (received) during the year for:
Interest paid, net of interest received	0.9	0.8
Income taxes, net of refunds received	$ 11.9	$ (118.0)