CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2022		Dec. 31, 2021
Current assets:
Cash and cash equivalents	$ 561.2		$ 647.5
Receivables, net	628.8		555.1
Inventories	533.9	[1]	430.9
Other current assets	112.9		88.6
Total current assets	1,836.8		1,722.1
Plant, property and equipment, net	526.8		509.1
Goodwill	964.8		924.3
Other intangible assets, net	112.8		85.7
Other non-current assets	339.1		324.2
Total non-current assets	1,943.5		1,843.3
Total assets	3,780.3		3,565.4
Current liabilities:
Commercial paper and current maturities of long-term debt	451.0		197.6
Accounts payable	401.1		373.4
Accrued and other current liabilities	333.4		357.3
Total current liabilities	1,185.5		928.3
Postretirement benefits	137.2		199.9
Other non-current liabilities	200.2		206.5
Total non-current liabilities	337.4		406.4
Total liabilities	1,522.9		1,334.7
Shareholders’ equity:
Common Stock: Authorized 250.0 shares, $1 par value per share, Issued and Outstanding 82.7 and 85.5, respectively	82.7		85.5
Retained earnings	2,509.7		2,461.6
Accumulated other comprehensive loss:
Postretirement benefits	3.6		(40.8)
Cumulative translation adjustments	(347.9)		(280.5)
Total ITT Inc. shareholders' equity	2,248.1		2,225.8
Noncontrolling interests	9.3		4.9
Total shareholders’ equity	2,257.4		2,230.7
Total liabilities and shareholders’ equity	$ 3,780.3		$ 3,565.4

[1] (a)    During the year ended December 31, 2022, we recorded inventory write-downs of $5.2 related to inventories held by entities impacted by the Russia-Ukraine war. See Note 1, Description of Business and Basis of Presentation, for further information.