CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 507.3		$ 544.5
Receivables, net	496.7		440.3
Inventories, net	315.9		304.2
Other current assets	345.6		251.4
Total current assets	1,665.5		1,540.4
Plant, property and equipment, net	426.2		373.1
Goodwill	659.8		651.4
Other intangible assets, net	106.9		123.3
Asbestos-related assets	433.3		525.3
Deferred income taxes	303.6		21.4
Other non-current assets	144.9		151.2
Total non-current assets	2,074.7		1,845.7
Total assets	3,740.2		3,386.1
Current liabilities:
Accounts payable	332.7		347.0
Accrued liabilities	499.9		458.3
Total current liabilities	832.6		805.3
Asbestos-related liabilities	1,179.6		1,255.0
Postretirement benefits	243.3		330.3
Other non-current liabilities	277.8		292.3
Total non-current liabilities	1,700.7		1,877.6
Total liabilities	2,533.3		2,682.9
Shareholders' Equity:
Common stock: Authorized - 250 shares, $1 par value per share (104.0 shares issued) Outstanding - 91.0 shares and 92.1, respectively	91.0	[1]	91.9	[1]
Retained earnings	1,320.3		898.8
Accumulated other comprehensive loss:
Postretirement benefit plans	(129.2)		(195.5)
Cumulative translation adjustments	(80.8)		(91.7)
Unrealized loss on investment securities	(0.3)		(0.3)
Total ITT Corporation shareholders' equity	1,201.0		703.2
Noncontrolling interests	5.9		0
Total shareholders’ equity	1,206.9		703.2
Total liabilities and shareholders' equity	$ 3,740.2		$ 3,386.1

[1] Shares issued and outstanding include unvested restricted common stock of 0.2 at December 31, 2012. No unvested restricted common stock was outstanding as of December 31, 2013.