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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 31, 2021
Dec. 31, 2020
Current assets:    
Cash and cash equivalents $ 780.2 $ 859.8
Receivables, net 546.3 507.5
Inventories, net 374.7 360.5
Other current assets 190.8 189.5
Total current assets 1,892.0 1,917.3
Plant, property and equipment, net 501.2 525.1
Goodwill 933.4 944.8
Other intangible assets, net 100.3 106.4
Asbestos-related assets 330.8 353.7
Deferred income taxes 156.3 158.3
Other non-current assets 265.7 272.0
Total non-current assets 2,287.7 2,360.3
Total assets 4,179.7 4,277.6
Current liabilities:    
Commercial paper and current maturities of long-term debt 61.2 106.8
Accounts payable 327.0 306.8
Accrued liabilities 438.3 457.4
Total current liabilities 826.5 871.0
Asbestos-related liabilities 818.3 840.6
Postretirement benefits 222.8 227.5
Other non-current liabilities 204.2 210.6
Total non-current liabilities 1,245.3 1,278.7
Total liabilities 2,071.8 2,149.7
Shareholders’ equity:    
Issued and outstanding – 86.1 shares and 86.5 shares, respectively 86.1 86.5
Retained earnings 2,329.4 2,319.3
Total accumulated other comprehensive loss (309.4) (279.4)
Total ITT Inc. shareholders’ equity 2,106.1 2,126.4
Noncontrolling interests 1.8 1.5
Total shareholders’ equity 2,107.9 2,127.9
Total liabilities and shareholders’ equity $ 4,179.7 $ 4,277.6