CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS - USD ($) $ in Millions	3 Months Ended
	Apr. 02, 2022	Apr. 03, 2021
Operating Activities
Income from continuing operations attributable to ITT Inc.	$ 74.8	$ 86.2
Adjustments to income from continuing operations:
Depreciation and amortization	27.3	28.5
Equity-based compensation	3.7	3.3
Other non-cash charges, net	10.2	6.3
Changes in assets and liabilities:
Change in receivables	(70.7)	(50.1)
Change in inventories	(48.4)	(21.2)
Change in contract assets	(1.7)	0.6
Change in contract liabilities	11.8	(2.7)
Change in accounts payable	48.6	36.6
Change in accrued expenses	(42.5)	(12.4)
Change in income taxes	10.1	10.4
Other, net	(25.9)	(14.7)
Net Cash – Operating Activities	(2.7)	70.8
Investing Activities
Capital expenditures	(30.0)	(17.2)
Other, net	0.6	0.1
Net Cash – Investing Activities	(29.4)	(17.1)
Financing Activities
Commercial paper, net borrowings	290.7	(42.6)
Long-term debt, repayments	0.0	(0.1)
Share repurchases under repurchase plan	(163.9)	(50.0)
Share repurchases from net settlement of employee stock incentive plans	(8.4)	(11.0)
Dividends paid	(22.4)	(19.1)
Other, net	0.6	0.0
Net Cash – Financing Activities	96.6	(122.8)
Exchange rate effects on cash and cash equivalents	(1.5)	(10.4)
Net cash – operating activities of discontinued operations	(0.1)	(0.1)
Net change in cash and cash equivalents	62.9	(79.6)
Cash and cash equivalents – beginning of year (includes restricted cash of $0.8 and $0.8, respectively)	648.3	860.6
Cash and Cash Equivalents – End of Period (includes restricted cash of $0.8 and $0.8, respectively)	711.2	781.0
Cash paid during the year for:
Interest	0.5	0.2
Income taxes, net of refunds received	$ 8.5	$ 13.4