CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Mar. 31, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 438.7	$ 389.8
Receivables, net	581.4	629.6
Inventories, net	404.9	311.9
Total current assets	173.0	147.4
Total current assets	1,598.0	1,478.7
Plant, property and equipment, net	526.6	521.7
Goodwill	895.7	886.8
Other intangible assets, net	151.8	156.2
Asbestos-related assets	329.6	304.0
Deferred income taxes	167.0	149.9
Other non-current assets	202.8	202.9
Total non-current assets	2,273.5	2,221.5
Total assets	3,871.5	3,700.2	[1]
Current liabilities:
Short-term loans and current maturities of long-term debt	247.9	163.6
Accounts payable	367.0	351.4
Accrued liabilities	394.2	384.4
Total current liabilities	1,009.1	899.4
Asbestos-related liabilities	792.9	800.1
Postretirement benefits	227.6	227.3
Other non-current liabilities	181.4	175.6
Total non-current liabilities	1,201.9	1,203.0
Total liabilities	2,211.0	2,102.4
Shareholders’ equity:
Issued and outstanding – 87.4 shares and 88.2 shares, respectively	87.4	88.2
Retained earnings	1,891.8	1,856.1
Total accumulated other comprehensive loss	(320.6)	(348.2)
Total ITT Inc. shareholders’ equity	1,658.6	1,596.1
Noncontrolling interests	1.9	1.7
Total shareholders’ equity	1,660.5	1,597.8
Total liabilities and shareholders’ equity	$ 3,871.5	$ 3,700.2

[1] (b)Amounts reflect balances as of December 31, 2017.