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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2019
Dec. 31, 2018
Current assets:    
Cash and cash equivalents $ 554.0 $ 561.2
Receivables, net 582.7 540.0
Inventories, net 396.2 380.5
Total current assets 146.0 163.4
Total current assets 1,678.9 1,645.1
Plant, property and equipment, net 513.2 518.8
Goodwill 872.5 875.9
Other intangible assets, net 131.7 136.1
Asbestos-related assets 302.5 309.6
Deferred income taxes 161.7 164.5
Other non-current assets 276.6 196.8
Total non-current assets 2,258.2 2,201.7
Total assets 3,937.1 3,846.8 [1]
Current liabilities:    
Commercial paper and current maturities of long-term debt 114.4 116.2
Accounts payable 344.4 339.2
Accrued liabilities 401.7 416.7
Total current liabilities 860.5 872.1
Asbestos-related liabilities 771.4 775.1
Postretirement benefits 205.7 208.2
Other non-current liabilities 228.2 166.5
Total non-current liabilities 1,205.3 1,149.8
Total liabilities 2,065.8 2,021.9
Shareholders’ equity:    
Issued and outstanding – 87.8 shares and 87.6 shares, respectively 87.8 87.6
Retained earnings 2,158.1 2,110.3
Total accumulated other comprehensive loss (377.3) (375.5)
Total ITT Inc. shareholders’ equity 1,868.6 1,822.4
Noncontrolling interests 2.7 2.5
Total shareholders’ equity 1,871.3 1,824.9
Total liabilities and shareholders’ equity $ 3,937.1 $ 3,846.8
[1] Amounts reflect balances as of December 31, 2018.