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CONSOLIDATED CONDENSED STATEMENTS OF OPERATIONS - USD ($)
shares in Millions, $ in Millions
3 Months Ended
Mar. 31, 2019
Mar. 31, 2018
Income Statement [Abstract]    
Revenue $ 695.5 $ 689.3
Costs of revenue 476.7 465.1
Gross profit 218.8 224.2
General and administrative expenses 51.9 65.1
Sales and marketing expenses 40.2 43.5
Research and development expenses 23.5 24.7
Asbestos-related costs (benefit), net 12.6 (19.7)
Operating income 90.6 110.6
Interest and non-operating (income) expenses, net (0.5) 1.8
Income from continuing operations before income tax expense 91.1 108.8
Income tax expense 19.7 7.6
Income from continuing operations 71.4 101.2
Income from discontinued operations, net of tax 0.0 0.1
Net income 71.4 101.3
Less: Income attributable to noncontrolling interests 0.1 0.1
Net income attributable to ITT Inc. 71.3 101.2
Amounts attributable to ITT Inc.:    
Income from continuing operations, net of tax 71.3 101.1
Income from discontinued operations, net of tax 0.0 0.1
Net income attributable to ITT Inc. $ 71.3 $ 101.2
Basic:    
Continuing operations $ 0.81 $ 1.15
Net income 0.81 1.15
Diluted:    
Continuing operations 0.80 1.14
Net income $ 0.80 $ 1.14
Weighted average common shares – basic 87.6 88.0
Weighted average common shares – diluted 88.6 89.0