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Condensed Consolidated Statements of Operations and Comprehensive Income (Loss) (USD $)
In Millions, except Per Share data, unless otherwise specified
3 Months Ended 9 Months Ended
Sep. 28, 2013
Sep. 29, 2012
Sep. 28, 2013
Sep. 29, 2012
Net sales $ 1,824.8 $ 865.5 $ 5,563.0 $ 2,665.2
Cost of goods sold 1,187.2 587.4 3,734.2 1,794.3
Gross profit 637.6 278.1 1,828.8 870.9
Selling, general and administrative 366.1 203.1 1,191.5 548.5
Research and development 31.5 19.8 97.1 61.4
Operating income 240.0 55.2 540.2 261.0
Other (income) expense:        
Equity income of unconsolidated subsidiaries (0.5) (0.6) (1.6) (2.3)
Gain on sale of business (0.1) 0 (16.8) 0
Net interest expense 17.2 18.6 52.6 49.5
Income before income taxes and noncontrolling interest 223.4 37.2 506.0 213.8
Provision for income taxes 49.2 4.6 123.1 43.7
Net income before noncontrolling interest 174.2 32.6 382.9 170.1
Noncontrolling interest 1.4 1.2 4.3 4.2
Net income attributable to Pentair Ltd. 172.8 31.4 378.6 165.9
Comprehensive income (loss), net of tax        
Net income before noncontrolling interest 174.2 32.6 382.9 170.1
Changes in cumulative translation adjustment 89.1 41.2 (29.1) (3.8)
Changes in market value of derivative financial instruments (0.6) (8.4) (0.3) (5.3)
Total comprehensive income 262.7 65.4 353.5 161.0
Less: Comprehensive income attributable to noncontrolling interest 2.6 2.1 5.0 4.1
Comprehensive income attributable to Pentair Ltd. $ 260.1 $ 63.3 $ 348.5 $ 156.9
Earnings per common share attributable to Pentair Ltd.        
Basic (USD per share) $ 0.87 $ 0.31 $ 1.87 $ 1.67
Diluted (USD per share) $ 0.85 $ 0.31 $ 1.84 $ 1.63
Weighted average common shares outstanding        
Basic (shares) 199.3 100.4 202.1 99.5
Diluted (shares) 202.8 102.9 205.6 101.7
Cash dividends paid per common share (USD per share) $ 0.25 $ 0.22 $ 0.71 $ 0.66