CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Mar. 31, 2017	Mar. 31, 2016
Operating Activities
Net income	$ 45.6	$ 37.3
Less: Loss from discontinued operations	(0.1)	(0.3)
Less: Loss attributable to noncontrolling interests	(0.4)	(0.1)
Income from continuing operations attributable to ITT Inc.	46.1	37.7
Adjustments to income from continuing operations:
Depreciation and amortization	24.8	25.3
Stock-based compensation	3.7	2.9
Asbestos-related costs, net	14.9	12.8
Asbestos-related payments, net	(13.0)	(4.3)
Changes in assets and liabilities:
Change in receivables	(34.7)	(21.0)
Change in inventories	(1.6)	(4.0)
Change in accounts payable	2.5	(14.8)
Change in accrued expenses	(3.5)	(28.8)
Change in accrued and deferred income taxes	(4.6)	3.4
Other, net	(7.5)	(3.5)
Net Cash – Operating activities	27.1	5.7
Investing Activities
Capital expenditures	(36.7)	(21.0)
Acquisitions, net of cash acquired	(113.7)	(0.2)
Purchases of investments	0.0	(40.0)
Maturities of investments	0.0	36.3
Other, net	(0.3)	(0.1)
Net Cash – Investing activities	(150.1)	(24.8)
Financing Activities
Commercial paper, net borrowings	(1.5)	28.5
Short-term revolving loans, borrowings	0.0	27.7
Short-term revolving loans, repayments	0.0	(27.7)
Long-term debt, issued	2.1	0.0
Long-term debt, repayments	(0.3)	(0.3)
Repurchase of common stock	(2.3)	(6.9)
Proceeds from issuance of common stock	5.9	6.1
Dividends paid	(0.2)	(11.4)
Excess tax benefit from equity compensation activity	0.0	3.0
Other, net	0.0	(2.1)
Net Cash – Financing activities	3.7	16.9
Exchange rate effects on cash and cash equivalents	7.9	9.9
Net Cash – Operating activities of discontinued operations	(0.8)	7.5
Net change in cash and cash equivalents	(112.2)	15.2
Cash and cash equivalents – beginning of year	460.7	415.7
Cash and cash equivalents – end of period	348.5	430.9
Cash paid during the year for:
Interest	1.0	1.4
Income taxes, net of refunds received	$ 13.2	$ 5.0