Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Sep. 28, 2013	Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 237.7	$ 261.3
Accounts and notes receivable, net of allowances of $53.0 and $37.5 respectively	1,299.2	1,274.6
Inventories	1,296.1	1,333.9
Other current assets	378.3	341.1
Total current assets	3,211.3	3,210.9
Property, plant and equipment, net	1,171.9	1,188.2
Other assets
Goodwill	5,122.0	5,111.0
Intangibles, net	1,817.2	1,926.9
Other non-current assets	481.8	504.8
Total other assets	7,421.0	7,542.7
Total assets	11,804.2	11,941.8
Current liabilities
Current maturities of long-term debt and short-term borrowings	3.0	3.1
Accounts payable	579.4	567.0
Employee compensation and benefits	317.5	296.7
Other current liabilities	778.5	778.1
Total current liabilities	1,678.4	1,644.9
Other liabilities
Long-term debt	2,570.7	2,454.3
Pension and other post-retirement compensation and benefits	388.2	378.8
Deferred tax liabilities	497.8	480.9
Other non-current liabilities	467.4	495.1
Total liabilities	5,602.5	5,454.0
Equity
Common shares CHF 0.50 par value, 213.0 authorized and issued at September 28, 2013 and December 31, 2012, respectively	113.5	113.5
Common shares held in treasury, 13.7 and 6.9 shares at September 28, 2013 and December 31, 2012, respectively	(727.2)	(315.5)
Capital contribution reserve	5,066.5	5,292.4
Retained earnings	1,671.1	1,292.5
Accumulated other comprehensive income (loss)	(41.7)	(11.6)
Shareholders’ equity attributable to Pentair Ltd.	6,082.2	6,371.3
Noncontrolling interest	119.5	116.5
Total equity	6,201.7	6,487.8
Total liabilities and equity	$ 11,804.2	$ 11,941.8