CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions	Jun. 30, 2018	Dec. 31, 2017
Current assets:
Cash and cash equivalents	$ 449.6	$ 389.8
Receivables, net	560.4	629.6
Inventories, net	393.5	311.9
Total current assets	175.1	147.4
Total current assets	1,578.6	1,478.7
Plant, property and equipment, net	506.1	521.7
Goodwill	879.9	886.8
Other intangible assets, net	145.3	156.2
Asbestos-related assets	322.6	304.0
Deferred income taxes	164.0	149.9
Other non-current assets	203.2	202.9
Total non-current assets	2,221.1	2,221.5
Total assets	3,799.7	3,700.2	[1]
Current liabilities:
Short-term loans and current maturities of long-term debt	210.7	163.6
Accounts payable	331.2	351.4
Accrued liabilities	397.7	384.4
Total current liabilities	939.6	899.4
Asbestos-related liabilities	781.6	800.1
Postretirement benefits	223.5	227.3
Other non-current liabilities	172.7	175.6
Total non-current liabilities	1,177.8	1,203.0
Total liabilities	2,117.4	2,102.4
Shareholders’ equity:
Issued and outstanding – 87.6 shares and 88.2 shares, respectively	87.6	88.2
Retained earnings	1,959.3	1,856.1
Total accumulated other comprehensive loss	(366.6)	(348.2)
Total ITT Inc. shareholders’ equity	1,680.3	1,596.1
Noncontrolling interests	2.0	1.7
Total shareholders’ equity	1,682.3	1,597.8
Total liabilities and shareholders’ equity	$ 3,799.7	$ 3,700.2

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