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CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($)
$ in Millions
3 Months Ended
Apr. 04, 2026
Mar. 29, 2025
Operating Activities    
Income from continuing operations attributable to ITT Inc. $ 78.0 $ 108.4
Adjustments to income from continuing operations:    
Depreciation and amortization 54.2 37.2
Equity-based compensation 9.0 7.9
Other non-cash charges, net 11.9 6.3
Changes in assets and liabilities:    
Change in receivables (82.5) (43.2)
Change in inventories (48.1) (5.6)
Change in contract assets 1.1 (6.6)
Change in contract liabilities 3.4 15.9
Change in accounts payable 54.9 16.5
Change in accrued expenses (47.5) (31.7)
Change in income taxes 12.2 11.8
Other, net (6.7) (3.5)
Net Cash – Operating Activities 39.9 113.4
Investing Activities    
Acquisitions, net of cash acquired (3,533.3) (1.9)
Capital expenditures (26.1) (36.8)
Other, net (0.6) (2.0)
Net Cash – Investing Activities (3,560.0) (40.7)
Financing Activities    
Commercial paper, net borrowings 217.7 291.8
Long-term debt issued, net of debt issuance costs 2,868.3 0.0
Long-term debt repayments (546.1) (229.3)
Share repurchases under repurchase plan (100.0) (100.0)
Payments for taxes related to net share settlement of stock incentive plans (19.7) (13.0)
Dividends paid (35.0) (28.7)
Other, net (2.1) (0.7)
Net Cash – Financing Activities 2,383.1 (79.9)
Exchange rate effects on cash and cash equivalents (4.3) 7.9
Net cash – operating activities of discontinued operations (0.2) 0.0
Net change in cash and cash equivalents (1,141.5) 0.7
Cash and cash equivalents – beginning of year (includes restricted cash of $0.8 and $0.7, respectively) 1,743.7 440.0
Cash and Cash Equivalents – End of Period (includes restricted cash of $1.4 and $0.9, respectively) 602.2 440.7
Supplemental Disclosures of Cash Flow and Non-Cash Information:    
Cash paid for interest 30.3 9.1
Cash paid for income taxes, net of refunds received 30.8 17.6
Capital expenditures included in current liabilities 14.7 13.9
Equity value of common stock issued to acquire SPX FLOW $ 777.2 $ 0.0