CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($) $ in Millions		Sep. 30, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents		$ 430.8	$ 561.2
Receivables, net		674.0	628.8
Inventories	[1]	574.3	533.9
Other current assets		102.4	112.9
Total current assets		1,781.5	1,836.8
Non-current assets:
Plant, property and equipment, net		523.2	526.8
Goodwill		1,001.1	964.8
Other intangible assets, net		123.0	112.8
Other non-current assets		373.5	339.1
Total non-current assets		2,020.8	1,943.5
Total assets		3,802.3	3,780.3
Current liabilities:
Commercial paper and current maturities of long-term debt		245.4	451.0
Accounts payable		408.1	401.1
Accrued and other current liabilities		390.5	333.4
Total current liabilities		1,044.0	1,185.5
Non-current liabilities:
Postretirement benefits		132.0	137.2
Other non-current liabilities		207.1	200.2
Total non-current liabilities		339.1	337.4
Total liabilities		1,383.1	1,522.9
Common stock: [Abstract]
Issued and outstanding – 82.1 shares and 82.7 shares, respectively		82.1	82.7
Retained earnings		2,705.8	2,509.7
Accumulated other comprehensive income (loss):
Postretirement benefits		3.8	3.6
Cumulative translation adjustments		(382.6)	(347.9)
Total accumulated other comprehensive loss		(378.8)	(344.3)
Total ITT Inc. shareholders’ equity		2,409.1	2,248.1
Noncontrolling interests		10.1	9.3
Total shareholders’ equity		2,419.2	2,257.4
Total liabilities and shareholders’ equity		$ 3,802.3	$ 3,780.3

[1] We recorded inventory write-downs of $1.6 and $5.6 related to inventories held by entities impacted by the Russia-Ukraine war during the nine months ended September 30, 2023 and October 1, 2022, respectively. See Note 1, Description of Business and Basis of Presentation, for further information.