CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	9 Months Ended
	Sep. 30, 2016	Sep. 30, 2015
Operating Activities
Net income	$ 160.5	$ 315.1
Less: Income from discontinued operations	2.0	39.3
Less: Income attributable to noncontrolling interests	0.2	0.0
Income from continuing operations attributable to ITT Inc.	158.3	275.8
Adjustments to income from continuing operations:
Depreciation and amortization	76.5	63.1
Stock-based compensation	9.1	11.1
Asbestos-related benefit, net	(40.3)	(99.7)
Asbestos-related payments, net	(24.5)	(15.2)
Changes in assets and liabilities:
Change in receivables	(13.9)	(77.2)
Change in inventories	(8.9)	(6.3)
Change in accounts payable	(16.2)	(0.4)
Change in accrued expenses	(18.8)	(26.1)
Change in Accrued and Deferred Income Taxes	33.3	21.9
Other, net	(7.9)	0.1
Net Cash – Operating activities	146.7	147.1
Investing Activities
Capital expenditures	(68.1)	(64.2)
Acquisitions, net of cash acquired	(8.8)	(53.5)
Purchases of investments	(60.6)	(73.0)
Maturities of investments	113.6	68.2
Proceeds from sale of businesses and other assets	1.4	8.6
Proceeds from insurance recovery	0.0	2.5
Net Cash – Investing activities	(22.5)	(111.4)
Financing Activities
Commercial paper, net borrowings	56.5	10.5
Short-term revolving loans, borrowings	27.7	0.0
Short-term revolving loans, repayments	(78.3)	0.0
Long-term debt, repayments	(0.8)	(2.1)
Repurchase of common stock	(70.9)	(83.9)
Proceeds from issuance of common stock	8.8	5.5
Dividends paid	(22.6)	(21.6)
Excess tax benefit from equity compensation activity	3.4	3.2
Other, net	(2.2)	(1.8)
Net Cash – Financing activities	(78.4)	(90.2)
Exchange rate effects on cash and cash equivalents	9.0	(23.9)
Net Cash – Operating activities of discontinued operations	5.3	(0.7)
Net change in cash and cash equivalents	60.1	(79.1)
Cash and cash equivalents – beginning of year	415.7	584.0
Cash and cash equivalents – end of period	475.8	504.9
Cash paid during the year for:
Interest	3.3	1.0
Income taxes, net of refunds received	$ 37.2	$ 24.7