Condensed Consolidated Balance Sheets (USD $) In Millions, unless otherwise specified	Jun. 29, 2013	Dec. 31, 2012
Current assets
Cash and cash equivalents	$ 253.1	$ 261.3
Accounts and notes receivable, net of allowances of $46.9 and $37.5, respectively	1,305.5	1,293.9
Inventories	1,318.3	1,379.0
Other current assets	339.6	325.5
Total current assets	3,216.5	3,259.7
Property, plant and equipment, net	1,186.1	1,209.8
Other assets
Goodwill	4,964.6	4,983.5
Intangibles, net	1,836.6	1,926.9
Other non-current assets	462.8	489.3
Total other assets	7,264.0	7,399.7
Total assets	11,666.6	11,869.2
Current liabilities
Current maturities of long-term debt and short-term borrowings	2.9	3.1
Accounts payable	593.9	568.2
Employee compensation and benefits	292.6	295.5
Other current liabilities	797.4	758.9
Total current liabilities	1,686.8	1,625.7
Other liabilities
Long-term debt	2,737.4	2,454.3
Pension and other post-retirement compensation and benefits	374.5	378.1
Deferred tax liabilities	498.0	490.3
Other non-current liabilities	427.0	441.6
Total liabilities	5,723.7	5,390.0
Equity
Common shares CHF 0.50 par value, 213.0 authorized and issued at June 29, 2013 and December 31, 2012, respectively	113.5	113.5
Common shares held in treasury, 13.8 and 6.9 shares at June 29, 2013 and December 31, 2012, respectively	(721.1)	(315.5)
Capital contribution reserve	5,064.3	5,283.8
Retained earnings	1,498.3	1,292.5
Accumulated other comprehensive income (loss)	(129.0)	(11.6)
Shareholders’ equity attributable to Pentair Ltd.	5,826.0	6,362.7
Noncontrolling interest	116.9	116.5
Total equity	5,942.9	6,479.2
Total liabilities and equity	$ 11,666.6	$ 11,869.2