CONSOLIDATED CONDENSED BALANCE SHEETS (USD $) In Millions, unless otherwise specified	Mar. 31, 2013		Dec. 31, 2012
Current assets:
Cash and cash equivalents	$ 483.1		$ 544.5
Receivables, net	506.2		440.3
Inventories, net	314.9		304.2
Other current assets	265.6		251.4
Total current assets	1,569.8		1,540.4
Plant, property and equipment, net	365.1		373.1
Goodwill	644.0		651.4
Other Intangible Assets, Net	114.2		123.3
Asbestos-related assets	504.1		525.3
Other non-current assets	176.4		172.6
Total non-current assets	1,803.8		1,845.7
Total assets	3,373.6		3,386.1
Current liabilities:
Accounts payable	350.7		347.0
Accrued and other current liabilities	492.2		458.3
Total current liabilities	842.9		805.3
Asbestos-related liabilities	1,246.6		1,255.0
Postretirement benefits	330.1		330.3
Other non-current liabilities	287.0		292.3
Total non-current liabilities	1,863.7		1,877.6
Total liabilities	2,706.6		2,682.9
Shareholders' equity:
Common stock: Authorized - 250.0 shares, $1 par value per share (104.0(a) shares issued) Outstanding - 91.2 shares and 92.1(a)shares, respectively	91.2	[1]	91.9	[1]
Retained earnings	882.2		898.8
Total accumulated other comprehensive loss	(310.7)		(287.5)
Total ITT Corporation shareholders' equity	662.7		703.2
Noncontrolling interests	4.3
Total shareholders' equity	667.0		703.2
Total liabilities and shareholders' equity	$ 3,373.6		$ 3,386.1

[1] Shares issued and outstanding include unvested restricted common stock of 0.2 at December 31, 2012.