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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 439.3 $ 489.2
Receivables, net 703.0 675.2
Inventories 591.2 575.4
Other current assets 131.2 117.9
Total current assets 1,864.7 1,857.7
Plant, property and equipment, net 577.2 561.0
Goodwill(a) 1,430.1 1,016.3
Other intangible assets, net 454.1 116.6
Other non-current assets 384.6 381.0
Total non-current assets 2,846.0 2,074.9
Total assets 4,710.7 3,932.6
Current liabilities:    
Short-term borrowings 427.6 187.7
Accounts payable 458.4 437.0
Accrued and other current liabilities 447.2 413.1
Total current liabilities 1,333.2 1,037.8
Non-current maturities of long-term debt 232.6 5.7
Postretirement benefits 119.0 138.7
Other non-current liabilities 256.3 211.3
Total non-current liabilities 607.9 355.7
Total liabilities 1,941.1 1,393.5
Shareholders’ equity:    
Common Stock: Authorized 250.0 shares, $1 par value per share, Issued and Outstanding 81.5 and 82.1, respectively 81.5 82.1
Retained earnings 3,099.4 2,778.0
Accumulated other comprehensive loss:    
Postretirement benefits 3.2 (1.6)
Cumulative translation adjustments (421.5) (330.3)
Total accumulated other comprehensive loss (418.3) (331.9)
Total ITT Inc. shareholders' equity 2,762.6 2,528.2
Noncontrolling interests 7.0 10.9
Total shareholders’ equity 2,769.6 2,539.1
Total liabilities and shareholders’ equity $ 4,710.7 $ 3,932.6