CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2023		Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 489.2		$ 561.2
Receivables, net	675.2		628.8
Inventories	575.4	[1]	533.9
Other current assets	117.9		112.9
Total current assets	1,857.7		1,836.8
Plant, property and equipment, net	561.0		526.8
Goodwill	1,016.3		964.8
Other intangible assets, net	116.6		112.8
Other non-current assets	381.0		339.1
Total non-current assets	2,074.9		1,943.5
Total assets	3,932.6		3,780.3
Current liabilities:
Short-term borrowings	187.7		451.0
Accounts payable	437.0		401.1
Accrued and other current liabilities	413.1		333.4
Total current liabilities	1,037.8		1,185.5
Postretirement benefits	138.7		137.2
Other non-current liabilities	217.0		200.2
Total non-current liabilities	355.7		337.4
Total liabilities	1,393.5		1,522.9
Shareholders’ equity:
Common Stock: Authorized 250.0 shares, $1 par value per share, Issued and Outstanding 82.7 and 85.5, respectively	82.1		82.7
Retained earnings	2,778.0		2,509.7
Accumulated other comprehensive loss:
Postretirement benefits	(1.6)		3.6
Cumulative translation adjustments	(330.3)		(347.9)
Total accumulated other comprehensive loss	(331.9)		(344.3)
Total ITT Inc. shareholders' equity	2,528.2		2,248.1
Noncontrolling interests	10.9		9.3
Total shareholders’ equity	2,539.1		2,257.4
Total liabilities and shareholders’ equity	$ 3,932.6		$ 3,780.3

[1] (a)    During the years ended December 31, 2023 and 2022, we recorded inventory write-downs of $1.1 and $5.2, respectively, 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.