CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) shares in Millions, $ in Millions	Sep. 30, 2020	Dec. 31, 2019
Current assets:
Cash and cash equivalents	$ 782.3	$ 612.1
Receivables, net	490.2	578.4
Inventories, net	378.5	392.9
Other current assets	171.8	153.4
Total current assets	1,822.8	1,736.8
Plant, property and equipment, net	505.7	531.5
Goodwill	928.9	927.2
Other intangible assets, net	112.2	138.0
Asbestos-related assets	318.4	319.6
Deferred income taxes	182.3	138.1
Other non-current assets	306.1	316.5
Total non-current assets	2,353.6	2,370.9
Total assets	4,176.4	4,107.7
Current liabilities:
Commercial paper and current maturities of long-term debt	118.7	86.5
Accounts payable	300.5	332.4
Accrued liabilities	446.8	430.8
Total current liabilities	866.0	849.7
Asbestos-related liabilities	856.7	731.6
Postretirement benefits	213.9	213.9
Other non-current liabilities	215.3	234.7
Total non-current liabilities	1,285.9	1,180.2
Total liabilities	2,151.9	2,029.9
Shareholders’ equity:
Issued and outstanding – 86.4 shares and 87.8 shares, respectively	86.4	87.8
Retained earnings	2,341.9	2,372.4
Total accumulated other comprehensive loss	(407.4)	(385.3)
Total ITT Inc. shareholders’ equity	2,020.9	2,074.9
Noncontrolling interests	3.6	2.9
Total shareholders’ equity	2,024.5	2,077.8
Total liabilities and shareholders’ equity	$ 4,176.4	$ 4,107.7
Common stock, shares authorized	250.0	250.0
Common stock, par value	$ 1	$ 1
Common stock, shares outstanding	86.4	87.8