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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Jun. 28, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 174.4 $ 265.1
Accounts and notes receivable, net of allowances of $101.3 and $115.1, respectively 1,302.2 1,334.3
Inventories 1,264.3 1,243.3
Other current assets 425.0 389.4
Total current assets 3,165.9 3,232.1
Property, plant and equipment, net 1,151.6 1,170.0
Other assets    
Goodwill 5,097.1 5,134.2
Intangibles, net 1,718.3 1,776.1
Other non-current assets 483.9 430.9
Total other assets 7,299.3 7,341.2
Total assets 11,616.8 11,743.3
Current liabilities    
Current maturities of long-term debt and short-term borrowings 6.1 2.5
Accounts payable 587.0 596.6
Employee compensation and benefits 298.5 347.1
Other current liabilities 885.5 664.0
Total current liabilities 1,777.1 1,610.2
Other liabilities    
Long-term debt 2,739.0 2,552.6
Pension and other post-retirement compensation and benefits 291.4 324.8
Deferred tax liabilities 608.6 580.6
Other non-current liabilities 481.9 457.4
Total liabilities 5,898.0 5,525.6
Equity    
Ordinary shares $0.01 and CHF 0.50 par value, 426.0 and 213.0 authorized, 213.0 issued at June 28, 2014 and December 31, 2013, respectively 2.1 113.5
Ordinary shares held in treasury, 20.4 and 15.6 shares at June 28, 2014 and December 31, 2013, respectively (1,275.2) (875.1)
Additional paid-in capital 4,937.4 5,071.4
Retained earnings 2,109.2 1,829.1
Accumulated other comprehensive income (loss) (54.7) (43.6)
Shareholders’ equity attributable to Pentair plc 5,718.8 6,095.3
Noncontrolling interest 0 122.4
Total equity 5,718.8 6,217.7
Total liabilities and equity $ 11,616.8 $ 11,743.3