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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 6 Months Ended
Jun. 28, 2014
Jun. 29, 2013
Jun. 28, 2014
Jun. 29, 2013
Net sales $ 1,910.8 $ 1,963.7 $ 3,636.0 $ 3,738.2
Cost of goods sold 1,251.9 1,296.3 2,398.8 2,547.0
Gross profit 658.9 667.4 1,237.2 1,191.2
Selling, general and administrative 400.3 409.4 768.7 825.4
Research and development 30.9 32.1 60.9 65.6
Operating income 227.7 225.9 407.6 300.2
Other (income) expense:        
Equity income of unconsolidated subsidiaries (0.4) (0.9) (0.8) (1.1)
Loss (gain) on sale of businesses 0.2 0 8.2 (16.7)
Net interest expense 17.5 18.4 33.2 35.4
Income before income taxes and noncontrolling interest 210.4 208.4 367.0 282.6
Provision for income taxes 48.9 53.0 86.9 73.9
Net income before noncontrolling interest 161.5 155.4 280.1 208.7
Noncontrolling interest 0 1.3 0 2.9
Net income attributable to Pentair plc 161.5 154.1 280.1 205.8
Comprehensive income, net of tax        
Net income before noncontrolling interest 161.5 155.4 280.1 208.7
Changes in cumulative translation adjustment 16.4 (41.3) (11.5) (118.2)
Changes in market value of derivative financial instruments, net of $0, $0.1, $0.1 and $0.1 tax, respectively 0.2 (0.4) 0.4 0.3
Total comprehensive income 178.1 113.7 269.0 90.8
Less: Comprehensive income attributable to noncontrolling interest 0 1.7 0 2.4
Comprehensive income attributable to Pentair plc $ 178.1 $ 112.0 $ 269.0 $ 88.4
Earnings per ordinary share attributable to Pentair plc        
Basic (USD per share) $ 0.84 $ 0.76 $ 1.44 $ 1.01
Diluted (USD per share) $ 0.82 $ 0.75 $ 1.41 $ 0.99
Weighted average ordinary shares outstanding        
Basic (shares) 193.1 202.1 194.7 203.5
Diluted (shares) 196.4 205.5 198.0 206.9
Common Stock, Dividends, Per Share, Cash Paid $ 0.25 $ 0.23 $ 0.50 $ 0.46