Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Mar. 29, 2014	Dec. 31, 2013
Current assets
Cash and cash equivalents	$ 211.1	$ 265.1
Accounts and notes receivable, net of allowances of $103.9 and $115.1, respectively	1,410.7	1,334.3
Inventories	1,271.6	1,243.3
Other current assets	411.9	389.4
Total current assets	3,305.3	3,232.1
Property, plant and equipment, net	1,162.0	1,170.0
Other assets
Goodwill	5,098.9	5,134.2
Intangibles, net	1,747.7	1,776.1
Other non-current assets	452.6	430.9
Total other assets	7,299.2	7,341.2
Total assets	11,766.5	11,743.3
Current liabilities
Current maturities of long-term debt and short-term borrowings	2.8	2.5
Accounts payable	575.4	596.6
Employee compensation and benefits	294.6	347.1
Other current liabilities	655.3	664.0
Total current liabilities	1,528.1	1,610.2
Other liabilities
Long-term debt	2,933.8	2,552.6
Pension and other post-retirement compensation and benefits	318.6	324.8
Deferred tax liabilities	599.5	580.6
Other non-current liabilities	450.2	457.4
Total liabilities	5,830.2	5,525.6
Equity
Common shares CHF 0.50 par value, 213.0 authorized and issued at March 29, 2014 and December 31, 2013, respectively	113.5	113.5
Common shares held in treasury, 18.3 and 15.6 shares at March 29, 2014 and December 31, 2013, respectively	(1,105.1)	(875.1)
Capital contribution reserve	5,051.5	5,071.4
Retained earnings	1,947.7	1,829.1
Accumulated other comprehensive income (loss)	(71.3)	(43.6)
Shareholders’ equity attributable to Pentair Ltd.	5,936.3	6,095.3
Noncontrolling interest	0	122.4
Total equity	5,936.3	6,217.7
Total liabilities and equity	$ 11,766.5	$ 11,743.3