XML 16 R4.htm IDEA: XBRL DOCUMENT v3.21.2
CONSOLIDATED CONDENSED STATEMENTS OF COMPREHENSIVE INCOME - USD ($)
$ in Millions
3 Months Ended 6 Months Ended
Jul. 03, 2021
Jun. 27, 2020
Jul. 03, 2021
Jun. 27, 2020
Statement of Comprehensive Income [Abstract]        
Net income $ 39.2 $ 48.0 $ 125.7 $ 133.1
Other comprehensive income (loss):        
Net foreign currency translation adjustment 8.4 2.1 (21.6) (49.2)
Net change in postretirement benefit plans, net of tax (expense) benefit of $(0.1), $0.3, $(0.2), and $0.6, respectively 0.0 0.9 0.0 1.8
Other comprehensive income (loss) 8.4 3.0 (21.6) (47.4)
Comprehensive income 47.6 51.0 104.1 85.7
Less: Comprehensive income attributable to noncontrolling interests 0.2 0.0 0.5 0.3
Comprehensive income attributable to ITT Inc. 47.4 51.0 103.6 85.4
Reclassification adjustments (see Note 15):        
Amortization of prior service benefit, net of tax expense of $(0.3), $(0.3), $(0.6) and $(0.6), respectively (0.9) (1.0) (1.9) (1.9)
Amortization of net actuarial loss, net of tax benefit of $0.2, $0.6, $0.4 and $1.2, respectively 0.9 1.9 1.9 3.7
Net change in postretirement benefit plans, net of tax (expense) benefit of $(0.1), $0.3, $(0.2), and $0.6, respectively $ 0.0 $ 0.9 $ 0.0 $ 1.8