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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Apr. 01, 2023
Apr. 02, 2022
Income Statement [Abstract]    
Revenue $ 797.9 $ 726.2
Cost of revenue 536.0 507.8
Gross profit 261.9 218.4
General and administrative expenses 68.3 60.4
Sales and marketing expenses 42.9 38.4
Research and development expenses 26.4 25.0
Operating income 124.3 94.6
Interest and non-operating expense (income), net 3.5 (0.2)
Income before income tax expense 120.8 94.8
Income tax expense 20.1 19.5
Net income 100.7 75.3
Less: Income attributable to noncontrolling interests 0.7 0.5
Net income attributable to ITT Inc. $ 100.0 $ 74.8
Earnings per share attributable to ITT Inc.:    
Earnings Per Share, Basic, Total $ 1.21 $ 0.88
Earnings Per Share, Diluted, Total $ 1.20 $ 0.88
Weighted average common shares – basic 82.6 84.8
Weighted average common shares – diluted 83.0 85.2