CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions		Apr. 01, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents		$ 462.0	$ 561.2
Receivables, net		669.9	628.8
Inventories	[1]	567.6	533.9
Other current assets		98.8	112.9
Total current assets		1,798.3	1,836.8
Non-current assets:
Plant, property and equipment, net		528.0	526.8
Goodwill		968.1	964.8
Other intangible assets, net		107.5	112.8
Other non-current assets		365.9	339.1
Total non-current assets		1,969.5	1,943.5
Total assets		3,767.8	3,780.3
Current liabilities:
Commercial paper and current maturities of long-term debt		384.1	451.0
Accounts payable		397.3	401.1
Accrued and other current liabilities		340.0	333.4
Total current liabilities		1,121.4	1,185.5
Non-current liabilities:
Postretirement benefits		137.6	137.2
Other non-current liabilities		199.6	200.2
Total non-current liabilities		337.2	337.4
Total liabilities		1,458.6	1,522.9
Shareholders’ equity:
Issued and outstanding – 82.4 shares and 82.7 shares, respectively		82.4	82.7
Retained earnings		2,554.7	2,509.7
Total accumulated other comprehensive loss		(337.9)	(344.3)
Total ITT Inc. shareholders’ equity		2,299.2	2,248.1
Noncontrolling interests		10.0	9.3
Total shareholders’ equity		2,309.2	2,257.4
Total liabilities and shareholders’ equity		$ 3,767.8	$ 3,780.3

[1] We recorded inventory write-downs of $0.2 and $5.4 related to inventories held by entities impacted by the Russia-Ukraine war during the three months ended April 1, 2023 and April 2, 2022, respectively. See Note 1, Description of Business and Basis of Presentation, for further information.