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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
shares in Millions, $ in Millions
Jun. 30, 2020
Dec. 31, 2019
Current assets:    
Cash and cash equivalents $ 819.1 $ 612.1
Receivables, net 463.2 578.4
Inventories, net 384.6 392.9
Other current assets 159.9 153.4
Total current assets 1,826.8 1,736.8
Plant, property and equipment, net 505.4 531.5
Goodwill 920.3 927.2
Other intangible assets, net 115.9 138.0
Asbestos-related assets 319.4 319.6
Deferred income taxes 161.4 138.1
Other non-current assets 302.1 316.5
Total non-current assets 2,324.5 2,370.9
Total assets 4,151.3 4,107.7
Current liabilities:    
Short-term debt and current maturities of long-term debt 247.5 86.5
Accounts payable 271.0 332.4
Accrued liabilities 429.1 430.8
Total current liabilities 947.6 849.7
Asbestos-related liabilities 717.9 731.6
Postretirement benefits 212.9 213.9
Other non-current liabilities 217.9 234.7
Total non-current liabilities 1,148.7 1,180.2
Total liabilities 2,096.3 2,029.9
Shareholders’ equity:    
Issued and outstanding – 86.3 shares and 87.8 shares, respectively 86.3 87.8
Retained earnings 2,398.2 2,372.4
Total accumulated other comprehensive loss (432.7) (385.3)
Total ITT Inc. shareholders’ equity 2,051.8 2,074.9
Noncontrolling interests 3.2 2.9
Total shareholders’ equity 2,055.0 2,077.8
Total liabilities and shareholders’ equity $ 4,151.3 $ 4,107.7
Common stock, shares authorized 250.0 250.0
Common stock, par value $ 1 $ 1
Common stock, shares outstanding 86.3 87.8