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Condensed Consolidated Balance Sheets (USD $)
In Millions, unless otherwise specified
Sep. 27, 2014
Dec. 31, 2013
Current assets    
Cash and cash equivalents $ 156.6 $ 256.0
Accounts and notes receivable, net of allowances of $102.1 and $112.4, respectively 1,180.9 1,285.0
Inventories 1,199.4 1,195.1
Other current assets 386.3 361.6
Assets of Disposal Group, Including Discontinued Operation, Current 129.2 134.4
Total current assets 3,052.4 3,232.1
Property, plant and equipment, net 990.8 1,044.3
Other assets    
Goodwill 4,792.6 4,860.7
Intangibles, net 1,648.6 1,749.9
Other non-current assets 406.3 390.0
Assets of Disposal Group, Including Discontinued Operation, Noncurrent 36.2 466.3
Total other assets 6,883.7 7,466.9
Total assets 10,926.9 11,743.3
Current liabilities    
Current maturities of long-term debt and short-term borrowings 2.5 2.5
Accounts payable 527.2 576.9
Employee compensation and benefits 287.4 312.4
Other current liabilities 791.1 645.9
Liabilities of Disposal Group, Including Discontinued Operation, Current 60.5 72.5
Total current liabilities 1,668.7 1,610.2
Other liabilities    
Long-term debt 2,960.7 2,547.9
Pension and other post-retirement compensation and benefits 279.1 320.2
Deferred tax liabilities 558.4 557.0
Other non-current liabilities 480.7 456.4
Liabilities of Disposal Group, Including Discontinued Operation, Noncurrent 11.9 33.9
Total liabilities 5,959.5 5,525.6
Equity    
Ordinary shares $0.01 and CHF 0.50 par value, 426.0 and 213.0 authorized, 207.1 and 213.0 issued at September 27, 2014 and December 31, 2013, respectively 2.1 113.5
Ordinary shares held in treasury, 20.3 and 15.6 shares at September 27, 2014 and December 31, 2013, respectively (1,267.5) (875.1)
Additional paid-in capital 4,542.3 5,071.4
Retained earnings 1,923.2 1,829.1
Accumulated other comprehensive income (loss) (232.7) (43.6)
Shareholders’ equity attributable to Pentair plc 4,967.4 6,095.3
Noncontrolling interest 0 122.4
Total equity 4,967.4 6,217.7
Total liabilities and equity $ 10,926.9 $ 11,743.3