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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. 27, 2014
Sep. 28, 2013
Sep. 27, 2014
Sep. 28, 2013
Net sales $ 1,758.4 $ 1,713.3 $ 5,236.5 $ 5,168.7
Cost of goods sold 1,133.7 1,098.6 3,401.4 3,429.1
Gross profit 624.7 614.7 1,835.1 1,739.6
Selling, general and administrative 328.8 353.4 1,071.0 1,143.5
Research and development 28.5 31.3 88.2 94.8
Operating income 267.4 230.0 675.9 501.3
Other (income) expense:        
Equity income of unconsolidated subsidiaries (0.3) (0.5) (0.9) (1.7)
Loss (gain) on sale of businesses 0 (0.1) 0.2 (16.8)
Net interest expense 17.1 17.5 51.1 53.8
Income from continuing operations before income taxes and noncontrolling interest 250.6 213.1 625.5 466.0
Provision for income taxes 58.1 46.7 148.3 112.9
Income (Loss) from Continuing Operations, Including Portion Attributable to Noncontrolling Interest 192.5 166.4 477.2 353.1
Income (Loss) from Discontinued Operations, Net of Tax, Attributable to Parent 1.6 7.8 2.6 29.8
Discontinued Operation, Provision for Loss (Gain) on Disposal, Net of Tax (380.1) 0 (385.7) 0
Net income (loss) before noncontrolling interest (186.0) 174.2 94.1 382.9
Noncontrolling interest 0 1.4 0 4.3
Net income (loss) attributable to Pentair plc (186.0) 172.8 94.1 378.6
Income (Loss) from Continuing Operations Attributable to Parent 192.5 165.0 477.2 348.8
Comprehensive income (loss), net of tax        
Net income (loss) before noncontrolling interest (186.0) 174.2 94.1 382.9
Changes in cumulative translation adjustment (178.8) 89.1 (190.3) (29.1)
Changes in market value of derivative financial instruments, net of ($0.2), $0.4, ($0.1) and $0.5 tax, respectively 0.8 (0.6) 1.2 (0.3)
Total comprehensive income (loss) (364.0) 262.7 (95.0) 353.5
Less: Comprehensive income attributable to noncontrolling interest 0 2.6 0 5.0
Comprehensive income (loss) attributable to Pentair plc $ (364.0) $ 260.1 $ (95.0) $ 348.5
Earnings (loss) per ordinary share attributable to Pentair plc        
Income (Loss) from Continuing Operations, Per Basic Share $ 1.01 $ 0.83 $ 2.47 $ 1.73
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Basic Share $ (1.99) $ 0.04 $ (1.98) $ 0.14
Basic (USD per share) $ (0.98) $ 0.87 $ 0.49 $ 1.87
Income (Loss) from Continuing Operations, Per Diluted Share $ 1.00 $ 0.81 $ 2.43 $ 1.70
Income (Loss) from Discontinued Operations and Disposal of Discontinued Operations, Net of Tax, Per Diluted Share $ (1.95) $ 0.04 $ (1.95) $ 0.14
Diluted (USD per share) $ (0.95) $ 0.85 $ 0.48 $ 1.84
Weighted average ordinary shares outstanding        
Basic (shares) 190.2 199.3 193.2 202.1
Diluted (shares) 193.1 202.8 196.4 205.6
Common Stock, Dividends, Per Share, Cash Paid $ 0.30 $ 0.25 $ 0.80 $ 0.71