CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2019	Dec. 31, 2018
Current assets:
Cash and cash equivalents	$ 612.1	$ 561.2
Receivables, net	578.4	540.0
Inventories, net	392.9	380.5
Other current assets	153.4	163.4
Total current assets	1,736.8	1,645.1
Plant, property and equipment, net	531.5	518.8
Goodwill	927.2	875.9
Other intangible assets, net	138.0	136.1
Asbestos-related assets	319.6	309.6
Deferred income taxes	138.1	164.5
Other non-current assets	316.5	196.8
Total non-current assets	2,370.9	2,201.7
Total assets	4,107.7	3,846.8
Current liabilities:
Commercial paper and current maturities of long-term debt	86.5	116.2
Accounts payable	332.4	339.2
Accrued liabilities	430.8	416.7
Total current liabilities	849.7	872.1
Asbestos-related liabilities	731.6	775.1
Postretirement benefits	213.9	208.2
Other non-current liabilities	234.7	166.5
Total non-current liabilities	1,180.2	1,149.8
Total liabilities	2,029.9	2,021.9
Shareholders’ equity:
Common stock: authorized – 250 shares, $1 par value per share; issued and outstanding 87.8 and 87.6, respectively	87.8	87.6
Retained earnings	2,372.4	2,110.3
Accumulated other comprehensive loss:
Postretirement benefit plans	(133.3)	(131.6)
Cumulative translation adjustments	(252.0)	(243.9)
Total ITT Inc. shareholders' equity	2,074.9	1,822.4
Noncontrolling interests	2.9	2.5
Total shareholders’ equity	2,077.8	1,824.9
Total liabilities and shareholders’ equity	$ 4,107.7	$ 3,846.8