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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Apr. 02, 2022
Dec. 31, 2021
Current assets:    
Cash and cash equivalents $ 710.4 $ 647.5
Receivables, net 615.8 555.1
Inventories, net 475.6 430.9
Other current assets 102.7 88.6
Total current assets 1,904.5 1,722.1
Non-current assets:    
Plant, property and equipment, net 504.9 509.1
Goodwill 918.5 924.3
Other intangible assets, net 80.9 85.7
Other non-current assets 316.8 324.2
Total non-current assets 1,821.1 1,843.3
Total assets 3,725.6 3,565.4
Current liabilities:    
Commercial paper and current maturities of long-term debt 487.0 197.6
Accounts payable 411.0 373.4
Accrued liabilities 344.3 357.3
Total current liabilities 1,242.3 928.3
Non-current liabilities:    
Postretirement benefits 196.4 199.9
Other non-current liabilities 196.7 206.5
Total non-current liabilities 393.1 406.4
Total liabilities 1,635.4 1,334.7
Shareholders’ equity:    
Issued and outstanding – 83.6 shares and 85.5 shares, respectively 83.6 85.5
Retained earnings 2,334.6 2,461.6
Total accumulated other comprehensive loss (333.3) (321.3)
Noncontrolling interests 5.3 4.9
Total shareholders’ equity 2,090.2 2,230.7
Total ITT Inc. shareholders’ equity 2,084.9 2,225.8
Total liabilities and shareholders’ equity $ 3,725.6 $ 3,565.4