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CONSOLIDATED CONDENSED BALANCE SHEETS - USD ($)
$ in Millions
Mar. 30, 2024
Dec. 31, 2023
Current assets:    
Cash and cash equivalents $ 423.0 $ 489.2
Receivables, net 752.0 675.2
Inventories 609.4 575.4
Other current assets 123.3 117.9
Total current assets 1,907.7 1,857.7
Non-current assets:    
Plant, property and equipment, net 568.1 561.0
Goodwill 1,207.7 1,016.3
Other intangible assets, net 332.2 116.6
Other non-current assets 388.0 381.0
Total non-current assets 2,496.0 2,074.9
Total assets 4,403.7 3,932.6
Current liabilities:    
Short-term borrowings 322.7 187.7
Accounts payable 459.2 437.0
Accrued and other current liabilities 415.1 413.1
Total current liabilities 1,197.0 1,037.8
Long-Term Debt 230.5 5.7
Non-current liabilities:    
Postretirement benefits 135.9 138.7
Other non-current liabilities 254.1 211.3
Total non-current liabilities 620.5 355.7
Total liabilities 1,817.5 1,393.5
Common stock: [Abstract]    
Issued and outstanding – 82.3 shares and 82.1 shares, respectively 82.3 82.1
Retained earnings 2,857.4 2,778.0
Accumulated other comprehensive loss:    
Postretirement benefits (2.6) (1.6)
Cumulative translation adjustments (362.4) (330.3)
Total accumulated other comprehensive loss (365.0) (331.9)
Total ITT Inc. shareholders’ equity 2,574.7 2,528.2
Noncontrolling interests 11.5 10.9
Total shareholders’ equity 2,586.2 2,539.1
Total liabilities and shareholders’ equity $ 4,403.7 $ 3,932.6