CONSOLIDATED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Dec. 31, 2014	Dec. 31, 2013
Current assets:
Cash and cash equivalents	$ 584.0	$ 507.3
Receivables, net	500.1	496.7
Inventories, net	302.3	315.9
Other current assets	249.8	345.6
Total current assets	1,636.2	1,665.5
Plant, property and equipment, net	443.9	426.2
Goodwill	632.1	659.8
Other intangible assets, net	91.4	106.9
Asbestos-related assets	374.0	433.3
Deferred income taxes	304.1	303.6
Other non-current assets	149.8	144.9
Total non-current assets	1,995.3	2,074.7
Total assets	3,631.5	3,740.2
Current liabilities:
Accounts payable	309.6	332.7
Accrued liabilities	465.8	499.9
Total current liabilities	775.4	832.6
Asbestos-related liabilities	1,116.6	1,179.6
Postretirement benefits	249.7	243.3
Other non-current liabilities	269.5	277.8
Total non-current liabilities	1,635.8	1,700.7
Total liabilities	2,411.2	2,533.3
Shareholders’ Equity:
Common stock: authorized – 250 shares, $1 par value per share; issued 104.3 and 104.0, respectively; outstanding 91.0	91.0	91.0
Retained earnings	1,445.1	1,320.3
Accumulated other comprehensive loss:
Postretirement benefit plans	(144.2)	(129.2)
Cumulative translation adjustments	(176.7)	(80.8)
Unrealized loss on investment securities	(0.3)	(0.3)
Total ITT Corporation shareholders' equity	1,214.9	1,201.0
Noncontrolling interests	5.4	5.9
Total shareholders’ equity	1,220.3	1,206.9
Total liabilities and shareholders’ equity	3,631.5	3,740.2
Retained Earnings [Member]
Shareholders’ Equity:
Retained earnings		1,320.3
Noncontrolling Interest [Member]
Accumulated other comprehensive loss:
Noncontrolling interests		$ 5.9