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CONSOLIDATED CONDENSED INCOME STATEMENTS (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended
Mar. 31, 2014
Mar. 31, 2013
Income Statement [Abstract]    
Revenue $ 674.5 $ 608.2
Costs of revenue 459.7 417.7
Gross profit 214.8 190.5
Sales and marketing expenses 55.3 51.8
General and administrative expenses 77.7 69.1
Research and development expenses 17.7 16.4
Asbestos Related Costs Net 15.8 16.0
Operating income 48.3 37.2
Interest and non-operating expenses, net 1.1 2.7
Income from continuing operations before income tax expense 47.2 34.5
Income tax expense 13.0 15.0
Income from continuing operations 34.2 19.5
Income (loss) from discontinued operations, including tax expense (benefit) of $0.5 and $(0.5), respectively (1.0) 1.7
Net income 33.2 21.2
Less: Income attributable to noncontrolling interests 1.0 0.4
Net income attributable to ITT Corporation 32.2 20.8
Amounts attributable to ITT Corporation:    
Income from continuing operations, net of tax 33.2 19.1
Income (loss) from discontinued operations, including tax expense (benefit) of $0.5 and $(0.5), respectively (1.0) 1.7
Net income attributable to ITT Corporation $ 32.2 $ 20.8
Basic:    
Continuing operations (usd per share) $ 0.36 $ 0.21
Discontinued operations (usd per share) $ (0.01) $ 0.02
Net income (usd per share) $ 0.35 $ 0.23
Diluted:    
Continuing operations (usd per share) $ 0.36 $ 0.20
Discontinued operations (usd per share) $ (0.01) $ 0.02
Net income (usd per share) $ 0.35 $ 0.22
Weighted average common shares - basic 91.4 92.0
Weighted average common shares - diluted 92.8 93.2
Cash dividends declared per common share $ 0.11 $ 0.1