CONSOLIDATED BALANCE SHEETS - USD ($) $ in Millions	Dec. 31, 2016	Dec. 31, 2015
Current assets:
Cash and cash equivalents	$ 460.7	$ 415.7
Receivables, net	523.9	584.9
Inventories, net	295.2	292.7
Other current assets	122.0	204.4
Total current assets	1,401.8	1,497.7
Plant, property and equipment, net	464.5	443.5
Goodwill	774.7	778.3
Other intangible assets, net	160.3	187.2
Asbestos-related assets	314.6	337.5
Deferred income taxes	297.4	326.1
Other non-current assets	188.4	153.3
Total non-current assets	2,199.9	2,225.9
Total assets	3,601.7	3,723.6
Current liabilities:
Short-term loans and current maturities of long-term debt	214.3	245.7
Accounts payable	301.7	314.7
Accrued liabilities	350.2	392.7
Total current liabilities	866.2	953.1
Asbestos-related liabilities	877.5	954.8
Postretirement benefits	248.6	260.4
Other non-current liabilities	181.0	189.9
Total non-current liabilities	1,307.1	1,405.1
Total liabilities	2,173.3	2,358.2
Shareholders’ equity:
Common stock: authorized – 250 shares, $1 par value per share; issued 88.4 and 104.5, respectively; outstanding 88.4 and 89.5, respectively	88.4	89.5
Retained earnings	1,789.2	1,696.7
Accumulated other comprehensive loss:
Postretirement benefit plans	(145.2)	(153.7)
Cumulative translation adjustments	(306.0)	(270.1)
Unrealized loss on investment securities	0.0	(0.3)
Total ITT Inc. shareholders' equity	1,426.4	1,362.1
Noncontrolling interests	2.0	3.3
Total shareholders’ equity	1,428.4	1,365.4
Total liabilities and shareholders’ equity	$ 3,601.7	3,723.6
Retained Earnings [Member]
Shareholders’ equity:
Retained earnings		1,696.7
Noncontrolling Interest [Member]
Accumulated other comprehensive loss:
Noncontrolling interests		$ 3.3