Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Dec. 31, 2013		Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 265.1		$ 261.3
Accounts and notes receivable, net of allowances of $115.1 and $37.5, respectively	1,334.3		1,274.6
Inventories	1,243.3		1,333.9
Other current assets	389.4		334.5
Total current assets	3,232.1		3,204.3
Property, plant and equipment, net	1,170.0		1,188.2
Other assets
Goodwill	5,134.2		5,111.0
Intangibles, net	1,776.1		1,926.9
Other non-current assets	430.9		452.3
Total other assets	7,341.2		7,490.2
Total assets	11,743.3	[1]	11,882.7	[1]
Current liabilities
Current maturities of long-term debt and short-term borrowings	2.5		3.1
Accounts payable	596.6		567.0
Employee compensation and benefits	347.1		296.7
Other current liabilities	664.0		778.3
Total current liabilities	1,610.2		1,645.1
Other liabilities
Long-term debt	2,552.6		2,454.3
Pension and other post-retirement compensation and benefits	324.8		378.8
Deferred tax liabilities	580.6		421.9
Other non-current liabilities	457.4		495.1
Total liabilities	5,525.6		5,395.2
Equity
Common shares CHF 0.50 par value, 213.0 authorized and issued at December 31, 2013 and December 31,2012, respectively	113.5		113.5
Common shares held in treasury, 15.6 and 6.9 shares at December 31, 2013 and December 31, 2012, respectively	(875.1)		(315.5)
Capital contribution reserve	5,071.4		5,292.4
Retained earnings	1,829.1		1,292.3
Accumulated other comprehensive income (loss)	(43.6)		(11.6)
Shareholders’ equity attributable to Pentair Ltd.	6,095.3		6,371.1
Noncontrolling interest	122.4		116.4
Total equity	6,217.7		6,487.5
Total liabilities and equity	$ 11,743.3		$ 11,882.7

[1] All cash and cash equivalents are included in “Other.”