CONSOLIDATED CONDENSED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Jun. 30, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 527.7	$ 507.3
Receivables, net	575.3	496.7
Inventories, net	309.0	315.9
Other current assets	345.6	345.6
Total current assets	1,757.6	1,665.5
Plant, property and equipment, net	443.0	426.2
Goodwill - December 31, 2013	659.6	659.8
Other intangible assets, net	101.0	106.9
Asbestos-related assets	404.6	433.3
Deferred income taxes	299.7	303.6
Other non-current assets	147.0	144.9
Total non-current assets	2,054.9	2,074.7
Total assets	3,812.5	3,740.2	[1]
Current liabilities:
Accounts payable	343.9	332.7
Accrued and other current liabilities	496.0	499.9
Total current liabilities	839.9	832.6
Asbestos-related liabilities	1,178.9	1,179.6
Postretirement benefits	240.8	243.3
Other non-current liabilities	285.8	277.8
Total non-current liabilities	1,705.5	1,700.7
Total liabilities	2,545.4	2,533.3
Shareholders’ equity:
Common stock	91.6	91.0
Retained earnings	1,381.0	1,320.3
Total accumulated other comprehensive loss	(209.9)	(210.3)
Total ITT Corporation shareholders' equity	1,262.7	1,201.0
Noncontrolling interests	4.4	5.9
Total shareholders' equity	1,267.1	1,206.9
Total liabilities and shareholders' equity	$ 3,812.5	$ 3,740.2

[1] Amounts reflect balances as of December 31, 2013.