CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Sep. 30, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 475.8	$ 415.7
Receivables, net	595.2	584.9
Inventories, net	305.1	292.7
Total current assets	139.7	204.4
Total current assets	1,515.8	1,497.7
Plant, property and equipment, net	450.3	443.5
Goodwill	784.8	778.3
Other intangible assets, net	166.4	187.2
Asbestos-related assets	319.8	337.5
Deferred income taxes	294.2	326.1
Other non-current assets	186.3	153.3
Total non-current assets	2,201.8	2,225.9
Total assets	3,717.6	3,723.6	[1]
Current liabilities:
Short-term loans and current maturities of long-term debt	251.9	245.7
Accounts payable	304.4	314.7
Accrued liabilities	382.6	392.7
Total current liabilities	938.9	953.1
Asbestos-related liabilities	875.7	954.8
Postretirement benefits	255.1	260.4
Other non-current liabilities	190.2	189.9
Total non-current liabilities	1,321.0	1,405.1
Total liabilities	2,259.9	2,358.2
Shareholders’ equity:
Outstanding – 88.3 shares and 89.5 shares, respectively	88.3	89.5
Retained earnings	1,771.2	1,696.7
Total accumulated other comprehensive loss	(403.5)	(424.1)
Total ITT Inc. shareholders' equity	1,456.0	1,362.1
Noncontrolling interests	1.7	3.3
Total shareholders’ equity	1,457.7	1,365.4
Total liabilities and shareholders’ equity	$ 3,717.6	$ 3,723.6

[1] Amounts reflect balances as of December 31, 2015.