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CONSOLIDATED CONDENSED BALANCE SHEETS (USD $)
In Millions, unless otherwise specified
Sep. 30, 2014
Dec. 31, 2013
Current assets:    
Cash and cash equivalents $ 522.6 $ 507.3
Receivables, net 569.2 496.7
Inventories, net 312.8 315.9
Other current assets 305.0 345.6
Total current assets 1,709.6 1,665.5
Plant, property and equipment, net 433.2 426.2
Goodwill 643.0 659.8
Other intangible assets, net 95.5 106.9
Asbestos-related assets 397.2 433.3
Deferred income taxes 282.2 303.6
Other non-current assets 146.0 144.9
Total non-current assets 1,997.1 2,074.7
Total assets 3,706.7 3,740.2 [1]
Current liabilities:    
Accounts payable 330.7 332.7
Accrued and other current liabilities 484.6 499.9
Total current liabilities 815.3 832.6
Asbestos-related liabilities 1,118.1 1,179.6
Postretirement benefits 205.5 243.3
Other non-current liabilities 266.1 277.8
Total non-current liabilities 1,589.7 1,700.7
Total liabilities 2,405.0 2,533.3
Shareholders’ equity:    
Common stock 91.6 91.0
Retained earnings 1,449.5 1,320.3
Total accumulated other comprehensive loss (244.2) (210.3)
Total ITT Corporation shareholders' equity 1,296.9 1,201.0
Noncontrolling interests 4.8 5.9
Total shareholders' equity 1,301.7 1,206.9
Total liabilities and shareholders' equity $ 3,706.7 $ 3,740.2
[1] Amounts reflect balances as of December 31, 2013.