2018 Q4 Form 10-K Financial Statement

#000021622820000005 Filed on February 21, 2020

View on sec.gov

Income Statement

Concept 2018 Q4 2017 Q4 2017
Revenue $678.4M $683.6M $2.585B
YoY Change -0.76% 16.18% 7.48%
Cost Of Revenue $467.9M $473.5M $1.765B
YoY Change -1.18% 14.84% 7.35%
Gross Profit $210.5M $210.1M $819.9M
YoY Change 0.19% 19.31% 7.75%
Gross Profit Margin 31.03% 30.73% 31.71%
Selling, General & Admin $101.6M $90.30M $427.9M
YoY Change 12.51% -6.81% -0.56%
% of Gross Profit 48.27% 42.98% 52.19%
Research & Development $23.70M $25.30M $93.50M
YoY Change -6.32% 17.13% 16.15%
% of Gross Profit 11.26% 12.04% 11.4%
Depreciation & Amortization $26.90M $27.70M $105.3M
YoY Change -2.89% 8.63% 3.24%
% of Gross Profit 12.78% 13.18% 12.84%
Operating Expenses $125.3M $115.6M $521.4M
YoY Change 8.39% -2.45% 2.08%
Operating Profit $85.20M $94.50M $319.3M
YoY Change -9.84% 64.06% 15.44%
Interest Expense -$2.300M -$9.800M $0.00
YoY Change -76.53% -41.32% -100.0%
% of Operating Profit -2.7% -10.37% 0.0%
Other Income/Expense, Net -$10.00M
YoY Change -47.37%
Pretax Income $66.30M $68.40M $89.20M
YoY Change -3.07% 178.05% 1.94%
Income Tax $18.20M $5.100M $194.6M
% Of Pretax Income 27.45% 7.46% 218.16%
Net Earnings $51.90M -$67.20M $113.5M
YoY Change -177.23% -360.47% -39.01%
Net Earnings / Revenue 7.65% -9.83% 4.39%
Basic Earnings Per Share $1.29
Diluted Earnings Per Share $585.1K -$761.0K $1.28
COMMON SHARES
Basic Shares Outstanding 87.60M shares 88.00M shares 88.30M shares
Diluted Shares Outstanding 89.00M shares

Balance Sheet

Concept 2018 Q4 2017 Q4 2017
SHORT-TERM ASSETS
Cash & Short-Term Investments $561.0M $390.0M $390.0M
YoY Change 43.85% -15.4% -15.4%
Cash & Equivalents $561.2M $389.8M $390.0M
Short-Term Investments
Other Short-Term Assets $163.4M $147.4M $147.0M
YoY Change 10.85% 20.82% 20.49%
Inventory $380.5M $311.9M $312.0M
Prepaid Expenses $44.50M $50.90M
Receivables $535.0M $585.0M $585.0M
Other Receivables $27.00M $45.00M $45.00M
Total Short-Term Assets $1.645B $1.479B $1.479B
YoY Change 11.25% 5.49% 5.49%
LONG-TERM ASSETS
Property, Plant & Equipment $518.8M $521.7M $522.0M
YoY Change -0.56% 12.31% 12.26%
Goodwill $875.9M $886.8M
YoY Change -1.23% 14.47%
Intangibles $136.1M $156.2M
YoY Change -12.87% -2.56%
Long-Term Investments $7.700M $6.700M $7.000M
YoY Change 14.93% 19.64% 16.67%
Other Assets $196.8M $202.9M $608.0M
YoY Change -3.01% 7.7% -19.68%
Total Long-Term Assets $2.202B $2.222B $2.221B
YoY Change -0.89% 0.98% 0.95%
TOTAL ASSETS
Total Short-Term Assets $1.645B $1.479B $1.479B
Total Long-Term Assets $2.202B $2.222B $2.221B
Total Assets $3.847B $3.700B $3.700B
YoY Change 3.96% 2.73% 2.72%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $339.2M $351.4M $351.0M
YoY Change -3.47% 16.47% 16.23%
Accrued Expenses $416.7M $384.4M $203.0M
YoY Change 8.4% 9.77% 14.69%
Deferred Revenue $61.00M
YoY Change
Short-Term Debt $116.2M $163.6M $162.0M
YoY Change -28.97% -23.66% -24.3%
Long-Term Debt Due $1.800M $900.0K $1.000M
YoY Change 100.0% 50.0% 0.0%
Total Short-Term Liabilities $872.1M $899.4M $899.0M
YoY Change -3.04% 3.83% 3.81%
LONG-TERM LIABILITIES
Long-Term Debt $8.800M $8.200M $8.000M
YoY Change 7.32% 355.56% 300.0%
Other Long-Term Liabilities $166.5M $175.6M $1.175B
YoY Change -5.18% -2.98% -8.2%
Total Long-Term Liabilities $1.150B $1.203B $1.183B
YoY Change -4.42% -7.96% -7.72%
TOTAL LIABILITIES
Total Short-Term Liabilities $872.1M $899.4M $899.0M
Total Long-Term Liabilities $1.150B $1.203B $1.183B
Total Liabilities $2.022B $2.102B $2.104B
YoY Change -3.83% -3.26% -3.26%
SHAREHOLDERS EQUITY
Retained Earnings $2.110B $1.856B
YoY Change 13.7% 3.74%
Common Stock $87.60M $88.20M
YoY Change -0.68% -0.23%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $1.822B $1.596B $1.596B
YoY Change
Total Liabilities & Shareholders Equity $3.847B $3.700B $3.700B
YoY Change 3.96% 2.73% 2.72%

Cashflow Statement

Concept 2018 Q4 2017 Q4 2017
OPERATING ACTIVITIES
Net Income $51.90M -$67.20M $113.5M
YoY Change -177.23% -360.47% -39.01%
Depreciation, Depletion And Amortization $26.90M $27.70M $105.3M
YoY Change -2.89% 8.63% 3.24%
Cash From Operating Activities $122.9M $67.80M $245.0M
YoY Change 81.27% -32.67% -3.05%
INVESTING ACTIVITIES
Capital Expenditures -$31.70M -$34.10M -$113.3M
YoY Change -7.04% -21.25% 1.71%
Acquisitions $113.7M
YoY Change 1192.05%
Other Investing Activities $500.0K $200.0K $0.00
YoY Change 150.0% -98.25% -100.0%
Cash From Investing Activities -$31.20M -$33.90M -$223.2M
YoY Change -7.96% 6.27% 310.29%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $21.70M
YoY Change -66.87%
Debt Paid & Issued, Net $1.300M
YoY Change 18.18%
Cash From Financing Activities -52.60M -37.20M -$112.5M
YoY Change 41.4% -41.42% -20.72%
NET CHANGE
Cash From Operating Activities 122.9M 67.80M 245.0M
Cash From Investing Activities -31.20M -33.90M -$223.2M
Cash From Financing Activities -52.60M -37.20M -$112.5M
Net Change In Cash 39.10M -3.300M -$70.90M
YoY Change -1284.85% -162.26% -257.56%
FREE CASH FLOW
Cash From Operating Activities $122.9M $67.80M $245.0M
Capital Expenditures -$31.70M -$34.10M -$113.3M
Free Cash Flow $154.6M $101.9M $358.3M
YoY Change 51.72% -29.24% -1.59%

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CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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1700000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
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CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax Portion Attributable To Parent
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216300000 USD
CY2019 us-gaap Comprehensive Income Net Of Tax Attributable To Noncontrolling Interest
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900000 USD
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CY2018 us-gaap Comprehensive Income Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Amortization Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Prior Service Cost Credit Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
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CY2019 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Curtailment Cost Credit Netof Tax
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0 USD
CY2018 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Curtailment Cost Credit Netof Tax
OtherComprehensiveIncomeLossAmortizationAdjustmentfromAOCIPensionandOtherPostretirementBenefitPlansforCurtailmentCostCreditNetofTax
0 USD
CY2017 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Curtailment Cost Credit Netof Tax
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CY2019 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Settlement Cost Credit Netof Tax
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0 USD
CY2018 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Settlement Cost Credit Netof Tax
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0 USD
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1300000 USD
CY2018 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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CY2017 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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4600000 USD
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300000 USD
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1000000.0 USD
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1700000 USD
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CY2019 us-gaap Share Based Compensation
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CY2017 us-gaap Gain Loss On Sale Of Property Plant Equipment
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900000 USD
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CY2019 us-gaap Deferred Income Tax Expense Benefit
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CY2019 itt Asbestos Related Payments
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CY2018 itt Asbestos Related Payments
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CY2017 itt Asbestos Related Payments
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CY2019 us-gaap Pension Contributions
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CY2018 us-gaap Pension Contributions
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CY2019 us-gaap Increase Decrease In Receivables
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CY2019 us-gaap Increase Decrease In Contract With Customer Asset
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0 USD
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100000 USD
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CY2019 us-gaap Increase Decrease In Accounts Payable
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CY2018 us-gaap Increase Decrease In Accounts Payable
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CY2019 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2018 us-gaap Increase Decrease In Accrued Income Taxes Payable
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CY2018 us-gaap Payments To Acquire Productive Assets
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CY2017 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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3800000 USD
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CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Payments For Repurchase Of Common Stock
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CY2019 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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CY2017 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2019 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
50700000 USD
CY2018 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
171200000 USD
CY2017 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
-70900000 USD
CY2016Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
461900000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
562200000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
391000000.0 USD
CY2019Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
612900000 USD
CY2018Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
562200000 USD
CY2017Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
391000000.0 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
2500000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
3300000 USD
CY2017 us-gaap Interest Paid Net
InterestPaidNet
3800000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
63400000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
53500000 USD
CY2017 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
62000000.0 USD
CY2016Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
88400000 shares
CY2016Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1789200000 USD
CY2016Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1428400000 USD
CY2017 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
30600000 USD
CY2017 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
32900000 USD
CY2017 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
1000000.0 USD
CY2017 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
113300000 USD
CY2017 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
45500000 USD
CY2017 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
103000000.0 USD
CY2017 itt Chane In Equity From Noncontrolling Interest Attributable To Other
ChaneInEquityFromNoncontrollingInterestAttributableToOther
-100000 USD
CY2017Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1597800000 USD
CY2018 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
27500000 USD
CY2018 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
56100000 USD
CY2018 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-4100000 USD
CY2018 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
334600000 USD
CY2018 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
47400000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-27300000 USD
CY2018 itt Chane In Equity From Noncontrolling Interest Attributable To Other
ChaneInEquityFromNoncontrollingInterestAttributableToOther
-100000 USD
CY2018Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
1824900000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
30600000 USD
CY2019 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
41400000 USD
CY2019 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
326200000 USD
CY2019 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
52000000.0 USD
CY2019 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
700000 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9800000 USD
CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2077800000 USD
CY2019 itt Measurement Period For Expected Return On Plan Assets
MeasurementPeriodForExpectedReturnOnPlanAssets
P5Y
CY2019Q1 itt Operatingand Finance Lease Liability
OperatingandFinanceLeaseLiability
83400000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
800000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1000000.0 USD
CY2019 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-style:italic;">Concentrations of Credit Risk</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Financial instruments that potentially subject ITT to significant concentrations of credit risk consist principally of cash and cash equivalents, accounts receivable from trade customers, investments, and derivatives. We maintain cash and cash equivalents with various financial institutions located in different geographical regions, and our policy is designed to limit exposure to any individual counterparty. As part of our risk management processes, we perform periodic evaluations of the relative credit standing of the financial institutions. We have not sustained any material credit losses during the previous three years from financial instruments held at financial institutions.</span></div><div style="line-height:120%;padding-bottom:8px;text-align:justify;text-indent:24px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">Credit risk with respect to accounts receivable is generally diversified due to the large number of entities comprising ITT’s customer base and their dispersion across many different industries and geographic regions. However, our largest customer represents approximately </span><span style="font-family:Arial;font-size:10pt;"><span>13%</span></span><span style="font-family:Arial;font-size:10pt;"> and </span><span style="font-family:Arial;font-size:10pt;"><span>12%</span></span><span style="font-family:Arial;font-size:10pt;"> of the </span><span style="font-family:Arial;font-size:10pt;">December 31, 2019</span><span style="font-family:Arial;font-size:10pt;"> and </span><span style="font-family:Arial;font-size:10pt;">2018</span><span style="font-family:Arial;font-size:10pt;"> outstanding trade accounts receivable balance, respectively. ITT performs ongoing credit evaluations of the financial condition of its third-party distributors, resellers and other customers and requires collateral, such as letters of credit and bank guarantees, in certain circumstances.</span></div>
CY2019 us-gaap Description Of New Accounting Pronouncements Not Yet Adopted
DescriptionOfNewAccountingPronouncementsNotYetAdopted
<div style="line-height:120%;text-align:justify;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-style:italic;font-weight:bold;">Accounting Pronouncements Not Yet Adopted</span></div><div style="line-height:120%;padding-bottom:4px;padding-top:8px;text-align:justify;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;font-style:italic;">Measurement of Credit Losses on Financial Instruments (ASU 2016-13)</span></div><div style="line-height:120%;padding-top:4px;text-align:justify;text-indent:18px;font-size:10pt;"><span style="font-family:Arial;font-size:10pt;">In June 2016, the FASB issued updated guidance that requires entities to use a current expected credit loss model to measure credit-related impairments for financial instruments held at amortized cost, including trade receivables. The current expected credit loss model is based on relevant information about past events, including historical experience, current conditions and reasonable and supportable forecasts that affect collectability. Current expected credit losses, and subsequent adjustments, represent an estimate of lifetime expected credit losses that are recorded as an allowance deducted from the amortized cost of the financial instrument. The updated guidance is effective for the Company beginning on January 1, 2020 and will be adopted using a modified retrospective transition approach. We do not expect the adoption to have a material impact on our financial statements.</span></div>
CY2019Q1 itt Rightof Use Asset
RightofUseAsset
80000000.0 USD
CY2019Q1 us-gaap Deferred Rent Credit
DeferredRentCredit
3400000 USD
CY2019Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.145
CY2018Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.139
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12400000 USD
CY2018Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
11000000.0 USD
CY2019 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-2700000 USD
CY2018 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-1200000 USD
CY2017 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-12400000 USD
CY2019 us-gaap Maturities Of Time Deposits Description
MaturitiesOfTimeDepositsDescription
original maturity exceeding three months at the time of purchase, referred to as short-term time deposits, are classified as held-to-maturity and are recorded at amortized cost, which approximates fair value.
CY2019Q4 us-gaap Short Term Investments
ShortTermInvestments
0 USD
CY2019Q4 itt Investments In Corporate Owned Life Insurance
InvestmentsInCorporateOwnedLifeInsurance
109100000 USD
CY2018Q4 itt Investments In Corporate Owned Life Insurance
InvestmentsInCorporateOwnedLifeInsurance
104400000 USD
CY2019 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
4800000 USD
CY2018 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
2800000 USD
CY2017 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
3800000 USD
CY2019 itt Maximum Measurement Period To Record Fair Value Changes As Adjustment To Associated Goodwill From Date Of Acquisition
MaximumMeasurementPeriodToRecordFairValueChangesAsAdjustmentToAssociatedGoodwillFromDateOfAcquisition
P12M
CY2019 us-gaap Number Of Reportable Segments
NumberOfReportableSegments
3 Segment
CY2019 us-gaap Revenues
Revenues
2846400000 USD
CY2018 us-gaap Revenues
Revenues
2745100000 USD
CY2017 us-gaap Revenues
Revenues
2585300000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
411400000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
397300000 USD
CY2017 us-gaap Operating Income Loss
OperatingIncomeLoss
319300000 USD
CY2019 itt Operating Margin
OperatingMargin
0.145
CY2018 itt Operating Margin
OperatingMargin
0.145
CY2017 itt Operating Margin
OperatingMargin
0.124
CY2019Q4 us-gaap Assets
Assets
4107700000 USD
CY2018Q4 us-gaap Assets
Assets
3846800000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
91400000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
95500000 USD
CY2017 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
113300000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
113400000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
109400000 USD
CY2017 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
105300000 USD
CY2019 us-gaap Revenues
Revenues
2846400000 USD
CY2018 us-gaap Revenues
Revenues
2745100000 USD
CY2017 us-gaap Revenues
Revenues
2585300000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
531500000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
518800000 USD
CY2019 us-gaap Revenues
Revenues
2846400000 USD
CY2018 us-gaap Revenues
Revenues
2745100000 USD
CY2017 us-gaap Revenues
Revenues
2585300000 USD
CY2019 itt Maximum Percentage Of Revenue For Which Individual Customer Accounts For
MaximumPercentageOfRevenueForWhichIndividualCustomerAccountsFor
0.098
CY2018 itt Maximum Percentage Of Revenue For Which Individual Customer Accounts For
MaximumPercentageOfRevenueForWhichIndividualCustomerAccountsFor
0.107
CY2017 itt Maximum Percentage Of Revenue For Which Individual Customer Accounts For
MaximumPercentageOfRevenueForWhichIndividualCustomerAccountsFor
0.111
CY2019 itt Serviceand Repair Revenue Percentageof Total
ServiceandRepairRevenuePercentageofTotal
0.03
CY2018 us-gaap Restructuring Charges
RestructuringCharges
5200000 USD
CY2017 us-gaap Restructuring Charges
RestructuringCharges
13100000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
18000000.0 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
21800000 USD
CY2019 itt Current Contract Assets Percentage Changefrom Prior Period
CurrentContractAssetsPercentageChangefromPriorPeriod
-0.174
CY2019Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
0 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Noncurrent
ContractWithCustomerAssetNetNoncurrent
700000 USD
CY2019 itt Noncurrent Contract Assets Percentage Changefrom Prior Period
NoncurrentContractAssetsPercentageChangefromPriorPeriod
-1.000
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
57400000 USD
CY2018Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
61000000.0 USD
CY2019 itt Current Contract Liabilities Percentage Changefrom Prior Period
CurrentContractLiabilitiesPercentageChangefromPriorPeriod
-0.059
CY2019Q4 itt Net Contract Liabilities
NetContractLiabilities
39400000 USD
CY2018Q4 itt Net Contract Liabilities
NetContractLiabilities
38500000 USD
CY2019 itt Net Contract Liability Percentage Changefrom Prior Period
NetContractLiabilityPercentageChangefromPriorPeriod
0.023
CY2019 itt Net Contract Liability Changefrom Prior Year
NetContractLiabilityChangefromPriorYear
-900000 USD
CY2019 itt Net Contract Liability Percentage Changefrom Prior Period
NetContractLiabilityPercentageChangefromPriorPeriod
0.023
CY2019 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
42700000 USD
CY2019Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
853600000 USD
CY2019 us-gaap Revenue Performance Obligation Description Of Timing
RevenuePerformanceObligationDescriptionOfTiming
we expect to recognize approximately 90% in revenue during 2020 and the remainder in 2021
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
8600000 USD
CY2018Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
6900000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1300000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
12400000 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
4500000 USD
CY2017 us-gaap Severance Costs1
SeveranceCosts1
9800000 USD
CY2019 itt Restructuring Reserve Asset Write Off
RestructuringReserveAssetWriteOff
0 USD
CY2018 itt Restructuring Reserve Asset Write Off
RestructuringReserveAssetWriteOff
0 USD
CY2017 itt Restructuring Reserve Asset Write Off
RestructuringReserveAssetWriteOff
1900000 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
300000 USD
CY2018 us-gaap Other Restructuring Costs
OtherRestructuringCosts
700000 USD
CY2017 us-gaap Other Restructuring Costs
OtherRestructuringCosts
1400000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
12700000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
6700000 USD
CY2017Q4 us-gaap Restructuring Reserve
RestructuringReserve
8900000 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
12700000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
5200000 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
11700000 USD
CY2018 us-gaap Payments For Restructuring
PaymentsForRestructuring
8200000 USD
CY2019 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-200000 USD
CY2018 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
800000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
7500000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
6700000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
143900000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
114400000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
89200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
270500000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
276600000 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
220200000 USD
CY2019 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
414400000 USD
CY2018 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
391000000.0 USD
CY2017 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
309400000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9400000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6300000 USD
CY2017 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
7700000 USD
CY2019 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
500000 USD
CY2018 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
7900000 USD
CY2017 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
1300000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
49100000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
58200000 USD
CY2017 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
38600000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
59000000.0 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
72400000 USD
CY2017 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
47600000 USD
CY2019 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
10100000 USD
CY2018 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
7400000 USD
CY2017 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
105900000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1500000 USD
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-200000 USD
CY2017 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
4400000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
19300000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-21900000 USD
CY2017 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
36700000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30900000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-14700000 USD
CY2017 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
147000000.0 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
89900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57700000 USD
CY2017 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
194600000 USD
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217 Rate
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.148 Rate
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.629 Rate
CY2019 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.350 Rate
CY2019 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.028 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.037 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
-0.078 Rate
CY2019 itt Effective Income Tax Rate On Permanent Items
EffectiveIncomeTaxRateOnPermanentItems
-0.021 Rate
CY2018 itt Effective Income Tax Rate On Permanent Items
EffectiveIncomeTaxRateOnPermanentItems
-0.002 Rate
CY2017 itt Effective Income Tax Rate On Permanent Items
EffectiveIncomeTaxRateOnPermanentItems
-0.022 Rate
CY2019 itt Effective Income Tax Rate Reconciliation Tax On Undistributed Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnUndistributedOfForeignEarnings
0.018 Rate
CY2018 itt Effective Income Tax Rate Reconciliation Tax On Undistributed Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnUndistributedOfForeignEarnings
-0.012 Rate
CY2017 itt Effective Income Tax Rate Reconciliation Tax On Undistributed Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnUndistributedOfForeignEarnings
-0.048 Rate
CY2019 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBox
-0.012 Rate
CY2018 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBox
-0.010 Rate
CY2017 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBox
-0.008 Rate
CY2019 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box Descrete Benefit Relatingto Prior Years
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBoxDescreteBenefitRelatingtoPriorYears
0 Rate
CY2018 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box Descrete Benefit Relatingto Prior Years
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBoxDescreteBenefitRelatingtoPriorYears
0 Rate
CY2017 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box Descrete Benefit Relatingto Prior Years
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBoxDescreteBenefitRelatingtoPriorYears
-0.011 Rate
CY2019 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.007 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.015 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
0.003 Rate
CY2019 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.005 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
-0.024 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.072 Rate
CY2019 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
0.001 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.003 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
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CY2019 itt Effective Income Tax Rate Reconciliation Tax Benefit From Foreign Permanent Items
EffectiveIncomeTaxRateReconciliationTaxBenefitFromForeignPermanentItems
0 Rate
CY2018 itt Effective Income Tax Rate Reconciliation Tax Benefit From Foreign Permanent Items
EffectiveIncomeTaxRateReconciliationTaxBenefitFromForeignPermanentItems
-0.058 Rate
CY2017 itt Effective Income Tax Rate Reconciliation Tax Benefit From Foreign Permanent Items
EffectiveIncomeTaxRateReconciliationTaxBenefitFromForeignPermanentItems
-0.078 Rate
CY2019 itt Effective Income Tax Rate Reconciliation Changein Enacted Tax Rate One Time Taxon Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationChangeinEnactedTaxRateOneTimeTaxonForeignEarningsPercent
0 Rate
CY2018 itt Effective Income Tax Rate Reconciliation Changein Enacted Tax Rate One Time Taxon Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationChangeinEnactedTaxRateOneTimeTaxonForeignEarningsPercent
-0.010 Rate
CY2017 itt Effective Income Tax Rate Reconciliation Changein Enacted Tax Rate One Time Taxon Foreign Earnings Percent
EffectiveIncomeTaxRateReconciliationChangeinEnactedTaxRateOneTimeTaxonForeignEarningsPercent
0.188 Rate
CY2019 itt Federaldeferredtaxesremeasurement Tax Act
FederaldeferredtaxesremeasurementTaxAct
0 Rate
CY2018 itt Federaldeferredtaxesremeasurement Tax Act
FederaldeferredtaxesremeasurementTaxAct
0.004 Rate
CY2017 itt Federaldeferredtaxesremeasurement Tax Act
FederaldeferredtaxesremeasurementTaxAct
0.278 Rate
CY2019 itt Effective Income Tax Rate Reconciliation Tax On Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnForeignEarnings
0 Rate
CY2018 itt Effective Income Tax Rate Reconciliation Tax On Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnForeignEarnings
0.005 Rate
CY2017 itt Effective Income Tax Rate Reconciliation Tax On Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnForeignEarnings
0.003 Rate
CY2019 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.009 Rate
CY2018 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.004 Rate
CY2017 us-gaap Effective Income Tax Rate Reconciliation Other Adjustments
EffectiveIncomeTaxRateReconciliationOtherAdjustments
-0.012 Rate
CY2019 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.217 Rate
CY2018 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.148 Rate
CY2017 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.629 Rate
CY2017 itt Aggregate Net Tax Expensefrom Us Tax Reform
AggregateNetTaxExpensefromUSTaxReform
129200000 USD
CY2019Q4 us-gaap Undistributed Earnings Of Foreign Subsidiaries
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1415000000.0 USD
CY2019Q4 us-gaap Deferred Tax Liability Not Recognized Amount Of Unrecognized Deferred Tax Liability Undistributed Earnings Of Foreign Subsidiaries
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107500000 USD
CY2019Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
139800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Operating Loss Carryforwards
DeferredTaxAssetsOperatingLossCarryforwards
157000000.0 USD
CY2019Q4 itt Deferred Tax Assets Asbestos
DeferredTaxAssetsAsbestos
101500000 USD
CY2018Q4 itt Deferred Tax Assets Asbestos
DeferredTaxAssetsAsbestos
108700000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
59400000 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Compensation And Benefits
DeferredTaxAssetsTaxDeferredExpenseCompensationAndBenefits
64900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
46000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Tax Deferred Expense Reserves And Accruals
DeferredTaxAssetsTaxDeferredExpenseReservesAndAccruals
47700000 USD
CY2019Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
23000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Other
DeferredTaxAssetsOther
24700000 USD
CY2019Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
369700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Gross
DeferredTaxAssetsGross
403000000.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
129800000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
141000000.0 USD
CY2019Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
239900000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net
DeferredTaxAssetsNet
262000000.0 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
43000000.0 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Goodwill And Intangible Assets Intangible Assets
DeferredTaxLiabilitiesGoodwillAndIntangibleAssetsIntangibleAssets
43500000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
33800000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Undistributed Foreign Earnings
DeferredTaxLiabilitiesUndistributedForeignEarnings
28200000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
26900000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Property Plant And Equipment
DeferredTaxLiabilitiesPropertyPlantAndEquipment
27200000 USD
CY2019Q4 itt Deferred Tax Liabilities Investment
DeferredTaxLiabilitiesInvestment
200000 USD
CY2018Q4 itt Deferred Tax Liabilities Investment
DeferredTaxLiabilitiesInvestment
200000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
103900000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities
DeferredTaxLiabilities
99100000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
136000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
162900000 USD
CY2019Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
138100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Net Noncurrent
DeferredTaxAssetsNetNoncurrent
164500000 USD
CY2019Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
2100000 USD
CY2018Q4 us-gaap Deferred Tax Liabilities Noncurrent
DeferredTaxLiabilitiesNoncurrent
1600000 USD
CY2019Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
136000000.0 USD
CY2018Q4 us-gaap Deferred Tax Assets Liabilities Net
DeferredTaxAssetsLiabilitiesNet
162900000 USD
CY2016Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
113300000 USD
CY2017 itt Deferred Tax Asset Valuation Allowance Changein Assessment
DeferredTaxAssetValuationAllowanceChangeinAssessment
0 USD
CY2017 itt Deferred Tax Asset Valuation Allowance Current Year Operations
DeferredTaxAssetValuationAllowanceCurrentYearOperations
56700000 USD
CY2017Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
170000000.0 USD
CY2018 itt Deferred Tax Asset Valuation Allowance Changein Assessment
DeferredTaxAssetValuationAllowanceChangeinAssessment
-22900000 USD
CY2018 itt Deferred Tax Asset Valuation Allowance Current Year Operations
DeferredTaxAssetValuationAllowanceCurrentYearOperations
-6100000 USD
CY2018Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
141000000.0 USD
CY2019 itt Deferred Tax Asset Valuation Allowance Changein Assessment
DeferredTaxAssetValuationAllowanceChangeinAssessment
5600000 USD
CY2019 itt Deferred Tax Asset Valuation Allowance Current Year Operations
DeferredTaxAssetValuationAllowanceCurrentYearOperations
-16800000 USD
CY2019Q4 us-gaap Deferred Tax Assets Valuation Allowance
DeferredTaxAssetsValuationAllowance
129800000 USD
CY2019Q4 itt Amount Of Net Operating Loss Carryforwards That Do Not Expire
AmountOfNetOperatingLossCarryforwardsThatDoNotExpire
230300000 USD
CY2019 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
4600000 USD
CY2018 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2200000 USD
CY2017 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
2700000 USD
CY2019 us-gaap Income Tax Examination Likelihood Of Unfavorable Settlement
IncomeTaxExaminationLikelihoodOfUnfavorableSettlement
The tax benefits recognized in the Consolidated Financial Statements from such positions are measured based on the largest benefit that has a greater than 50% likelihood of being realized upon ultimate settlement.
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45800000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
51900000 USD
CY2016Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
69500000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1500000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1500000 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Current Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromCurrentPeriodTaxPositions
1100000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2017 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsIncreasesResultingFromPriorPeriodTaxPositions
0 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
200000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
UnrecognizedTaxBenefitsDecreasesResultingFromPriorPeriodTaxPositions
12700000 USD
CY2019 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1200000 USD
CY2018 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
1900000 USD
CY2017 us-gaap Unrecognized Tax Benefits Reductions Resulting From Lapse Of Applicable Statute Of Limitations
UnrecognizedTaxBenefitsReductionsResultingFromLapseOfApplicableStatuteOfLimitations
5800000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
5500000 USD
CY2017 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
UnrecognizedTaxBenefitsDecreasesResultingFromSettlementsWithTaxingAuthorities
200000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
46200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
45800000 USD
CY2017Q4 us-gaap Unrecognized Tax Benefits
UnrecognizedTaxBenefits
51900000 USD
CY2019Q4 us-gaap Significant Change In Unrecognized Tax Benefits Is Reasonably Possible Amount Of Unrecorded Benefit
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14000000 USD
CY2019 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-900000 USD
CY2017 us-gaap Unrecognized Tax Benefits Interest On Income Taxes Expense
UnrecognizedTaxBenefitsInterestOnIncomeTaxesExpense
-2400000 USD
CY2019Q4 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
2900000 USD
CY2018Q4 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
3200000 USD
CY2017Q4 us-gaap Income Tax Examination Interest Accrued
IncomeTaxExaminationInterestAccrued
4100000 USD
CY2019 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87700000 shares
CY2018 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
87700000 shares
CY2017 us-gaap Weighted Average Number Of Shares Outstanding Basic
WeightedAverageNumberOfSharesOutstandingBasic
88300000 shares
CY2019 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
900000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
1000000.0 shares
CY2017 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
700000 shares
CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88600000 shares
CY2018 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
88700000 shares
CY2017 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
89000000.0 shares
CY2019 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
0 shares
CY2017 us-gaap Antidilutive Securities Excluded From Computation Of Earnings Per Share Amount
AntidilutiveSecuritiesExcludedFromComputationOfEarningsPerShareAmount
300000 shares
CY2017 itt Average Exercise Price Of Anti Dilutive Stock Options
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42.43
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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16100000 USD
CY2019Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
562300000 USD
CY2018Q4 us-gaap Accounts Receivable Gross Current
AccountsReceivableGrossCurrent
531700000 USD
CY2019Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
6200000 USD
CY2018Q4 us-gaap Notes And Loans Receivable Gross Current
NotesAndLoansReceivableGrossCurrent
3700000 USD
CY2019Q4 us-gaap Other Receivables
OtherReceivables
21200000 USD
CY2018Q4 us-gaap Other Receivables
OtherReceivables
22900000 USD
CY2019Q4 itt Receivables Gross Current
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589700000 USD
CY2018Q4 itt Receivables Gross Current
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558300000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11300000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
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18300000 USD
CY2019Q4 us-gaap Receivables Net Current
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578400000 USD
CY2018Q4 us-gaap Receivables Net Current
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540000000.0 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18300000 USD
CY2017Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
16100000 USD
CY2016Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
15400000 USD
CY2019 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
2100000 USD
CY2018 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3600000 USD
CY2017 us-gaap Provision For Doubtful Accounts
ProvisionForDoubtfulAccounts
3600000 USD
CY2019 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
9200000 USD
CY2018 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
800000 USD
CY2017 us-gaap Allowance For Loan And Lease Losses Write Offs
AllowanceForLoanAndLeaseLossesWriteOffs
4400000 USD
CY2019 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
100000 USD
CY2018 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
-600000 USD
CY2017 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
AllowanceForLoanAndLeaseLossesForeignCurrencyTranslation
1500000 USD
CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
11300000 USD
CY2018Q4 us-gaap Allowance For Doubtful Accounts Receivable Current
AllowanceForDoubtfulAccountsReceivableCurrent
18300000 USD
CY2019Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
80700000 USD
CY2018Q4 us-gaap Inventory Finished Goods
InventoryFinishedGoods
64200000 USD
CY2019Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
83900000 USD
CY2018Q4 us-gaap Inventory Work In Process
InventoryWorkInProcess
83100000 USD
CY2019Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
228300000 USD
CY2018Q4 us-gaap Inventory Raw Materials And Supplies
InventoryRawMaterialsAndSupplies
233200000 USD
CY2019Q4 us-gaap Inventory Net
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392900000 USD
CY2018Q4 us-gaap Inventory Net
InventoryNet
380500000 USD
CY2018Q4 us-gaap Inventory For Long Term Contracts Or Programs
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45700000 USD
CY2019Q4 itt Asbestos Related Current Assets
AsbestosRelatedCurrentAssets
67200000 USD
CY2018Q4 itt Asbestos Related Current Assets
AsbestosRelatedCurrentAssets
67100000 USD
CY2019Q4 us-gaap Prepaid Expense Current
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45400000 USD
CY2018Q4 us-gaap Prepaid Expense Current
PrepaidExpenseCurrent
44500000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
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18000000.0 USD
CY2018Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
21800000 USD
CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
20600000 USD
CY2018Q4 us-gaap Prepaid Taxes
PrepaidTaxes
19600000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Current
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2200000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous Current
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10400000 USD
CY2019Q4 us-gaap Other Assets Current
OtherAssetsCurrent
153400000 USD
CY2018Q4 us-gaap Other Assets Current
OtherAssetsCurrent
163400000 USD
CY2019Q4 itt Other Employee Benefit Related Assets
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133600000 USD
CY2018Q4 itt Other Employee Benefit Related Assets
OtherEmployeeBenefitRelatedAssets
104700000 USD
CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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91700000 USD
CY2018Q4 us-gaap Operating Lease Right Of Use Asset
OperatingLeaseRightOfUseAsset
0 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
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30100000 USD
CY2018Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
35300000 USD
CY2019Q4 us-gaap Recorded Third Party Environmental Recoveries Amount
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22200000 USD
CY2018Q4 us-gaap Recorded Third Party Environmental Recoveries Amount
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23400000 USD
CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
9800000 USD
CY2018Q4 us-gaap Equity Method Investments
EquityMethodInvestments
7700000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
29100000 USD
CY2018Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
25700000 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
316500000 USD
CY2018Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
196800000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1128900000 USD
CY2018Q4 us-gaap Machinery And Equipment Gross
MachineryAndEquipmentGross
1056900000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
279300000 USD
CY2018Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
265300000 USD
CY2019Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
79800000 USD
CY2018Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
69100000 USD
CY2019Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
48800000 USD
CY2018Q4 us-gaap Construction In Progress Gross
ConstructionInProgressGross
67900000 USD
CY2019Q4 us-gaap Land
Land
33300000 USD
CY2018Q4 us-gaap Land
Land
27800000 USD
CY2019Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10500000 USD
CY2018Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10300000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1580600000 USD
CY2018Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1497300000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1049100000 USD
CY2018Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
978500000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
531500000 USD
CY2018Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
518800000 USD
CY2019 us-gaap Depreciation
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84100000 USD
CY2018 us-gaap Depreciation
Depreciation
82800000 USD
CY2017 us-gaap Depreciation
Depreciation
78300000 USD
CY2017 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
18900000 USD
CY2017Q4 us-gaap Goodwill
Goodwill
886800000 USD
CY2018 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
3300000 USD
CY2018 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-14200000 USD
CY2018Q4 us-gaap Goodwill
Goodwill
875900000 USD
CY2019 us-gaap Goodwill Acquired During Period
GoodwillAcquiredDuringPeriod
54400000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3100000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
927200000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
256500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
140700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
115800000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
230100000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
121200000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
108900000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
22200000 USD
CY2019Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
22200000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
27200000 USD
CY2018Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
27200000 USD
CY2019Q4 itt Finite And Infinite Lived Intangible Assets Gross
FiniteAndInfiniteLivedIntangibleAssetsGross
278700000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
140700000 USD
CY2019Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
138000000.0 USD
CY2018Q4 itt Finite And Infinite Lived Intangible Assets Gross
FiniteAndInfiniteLivedIntangibleAssetsGross
257300000 USD
CY2018Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
121200000 USD
CY2018Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
136100000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20800000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
24500000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
18600000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
18400000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
15800000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
9300000 USD
CY2019Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
29200000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
145400000 USD
CY2018Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
152200000 USD
CY2019Q4 itt Customer Related Liabilities
CustomerRelatedLiabilities
74600000 USD
CY2018Q4 itt Customer Related Liabilities
CustomerRelatedLiabilities
82200000 USD
CY2019Q4 itt Asbestos Related Liability Current
AsbestosRelatedLiabilityCurrent
86000000.0 USD
CY2018Q4 itt Asbestos Related Liability Current
AsbestosRelatedLiabilityCurrent
74200000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
27000000.0 USD
CY2018Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
33700000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19900000 USD
CY2018Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
0 USD
CY2019Q4 itt Accrued Environmental And Litigation Liabilities Current
AccruedEnvironmentalAndLitigationLiabilitiesCurrent
17900000 USD
CY2018Q4 itt Accrued Environmental And Litigation Liabilities Current
AccruedEnvironmentalAndLitigationLiabilitiesCurrent
24000000.0 USD
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
18500000 USD
CY2018Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
16200000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
41500000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
34200000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
430800000 USD
CY2018Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
416700000 USD
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
55800000 USD
CY2018Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
59500000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76000000.0 USD
CY2018Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
0 USD
CY2019Q4 itt Compensation And Other Employee Related Liabilities Noncurrent
CompensationAndOtherEmployeeRelatedLiabilitiesNoncurrent
32400000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
46400000 USD
CY2018Q4 itt Compensation And Other Employee Related Liabilities Noncurrent
CompensationAndOtherEmployeeRelatedLiabilitiesNoncurrent
34200000 USD
CY2019Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
24000000.0 USD
CY2018Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
25000000.0 USD
CY2019Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
46500000 USD
CY2018Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
47800000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
234700000 USD
CY2018Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
166500000 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
25100000 USD
CY2018 us-gaap Operating Lease Cost
OperatingLeaseCost
25100000 USD
CY2017 us-gaap Operating Lease Cost
OperatingLeaseCost
25400000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
22500000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
18400000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
15000000.0 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10700000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
7200000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
54400000 USD
CY2019Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
128200000 USD
CY2019Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
32300000 USD
CY2019Q4 itt Discounted Obligationfor Operating Lease Payments
DiscountedObligationforOperatingLeasePayments
95900000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19900000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76000000.0 USD
CY2019Q4 itt Discounted Obligationfor Operating Lease Payments
DiscountedObligationforOperatingLeasePayments
95900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
22200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
16800000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
12600000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10200000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8100000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
12000000.0 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
213900000 USD
CY2018Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
116300000 USD
CY2019Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P13Y9M18D
CY2019Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.032
CY2019 itt Capitalized Rightof Use Assetsduringthe Period
CapitalizedRightofUseAssetsduringthePeriod
31600000 USD
CY2019 us-gaap Operating Lease Payments
OperatingLeasePayments
22600000 USD
CY2019Q4 us-gaap Commercial Paper
CommercialPaper
84200000 USD
CY2018Q4 us-gaap Commercial Paper
CommercialPaper
114400000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2300000 USD
CY2018Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
1800000 USD
CY2019Q4 us-gaap Debt Current
DebtCurrent
86500000 USD
CY2018Q4 us-gaap Debt Current
DebtCurrent
116200000 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
12900000 USD
CY2018Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
8800000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
99400000 USD
CY2018Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
125000000.0 USD
CY2019Q4 us-gaap Other Short Term Borrowings
OtherShortTermBorrowings
0 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17600000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17100000 USD
CY2017 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
16700000 USD
CY2019Q4 itt Sharesof Itt Stock Heldin Defined Contribution Plan
SharesofITTStockHeldinDefinedContributionPlan
200000 shares
CY2019 itt Active Participants In Numerous Defined Benefit Pension Plans
ActiveParticipantsInNumerousDefinedBenefitPensionPlans
1800 Participant
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
321800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
281300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
525400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
499800000 USD
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-203600000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-218500000 USD
CY2019Q4 itt Pensionand Other Postretirement Defined Benefit Plans Assets Noncurrent
PensionandOtherPostretirementDefinedBenefitPlansAssetsNoncurrent
24500000 USD
CY2018Q4 itt Pensionand Other Postretirement Defined Benefit Plans Assets Noncurrent
PensionandOtherPostretirementDefinedBenefitPlansAssetsNoncurrent
1700000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
14200000 USD
CY2018Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
208200000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-181200000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetGainsLossesBeforeTax
-185400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-31800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeNetPriorServiceCostCreditBeforeTax
-37900000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
149400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
147500000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
499800000 USD
CY2017Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
557100000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2100000 USD
CY2018 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2600000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
16600000 USD
CY2018 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
16000000.0 USD
CY2019 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
-1700000 USD
CY2018 us-gaap Defined Benefit Plan Plan Amendments
DefinedBenefitPlanPlanAmendments
100000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
45000000.0 USD
CY2018 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
-33800000 USD
CY2019 itt Defined Benefit Plan Benefits And Expenses Paid Including Unfunded Portion
DefinedBenefitPlanBenefitsAndExpensesPaidIncludingUnfundedPortion
38700000 USD
CY2018 itt Defined Benefit Plan Benefits And Expenses Paid Including Unfunded Portion
DefinedBenefitPlanBenefitsAndExpensesPaidIncludingUnfundedPortion
31700000 USD
CY2019 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Benefit Obligation
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsBenefitObligation
500000 USD
CY2018 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Benefit Obligation
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsBenefitObligation
0 USD
CY2019 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
0 USD
CY2018 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
6300000 USD
CY2019 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
1600000 USD
CY2018 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
DefinedBenefitPlanForeignCurrencyExchangeRateChangesBenefitObligation
4000000.0 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
525400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
499800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
281300000 USD
CY2017Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
326700000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
0 USD
CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
58100000 USD
CY2018 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
-16900000 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
22900000 USD
CY2018 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
11200000 USD
CY2019 itt Defined Benefit Plan Benefits And Expenses Paid
DefinedBenefitPlanBenefitsAndExpensesPaid
40500000 USD
CY2018 itt Defined Benefit Plan Benefits And Expenses Paid
DefinedBenefitPlanBenefitsAndExpensesPaid
33400000 USD
CY2019 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
0 USD
CY2018 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
6300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
321800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
281300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-203600000 USD
CY2018Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
-218500000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
406300000 USD
CY2018Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
379100000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
112800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
233200000 USD
CY2019Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
110300000 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
231000000.0 USD
CY2018Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Fair Value Of Plan Assets
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateFairValueOfPlanAssets
128600000 USD
CY2019Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
DefinedBenefitPlanUltimateHealthCareCostTrendRate1
0.045
CY2019 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.060
CY2018 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.060
CY2017 us-gaap Defined Benefit Plan Assumptions Used Calculating Net Periodic Benefit Cost Expected Long Term Return On Assets
DefinedBenefitPlanAssumptionsUsedCalculatingNetPeriodicBenefitCostExpectedLongTermReturnOnAssets
0.070
CY2019 itt Actual Rate Of Return On Plan Assets
ActualRateOfReturnOnPlanAssets
0.217
CY2018 itt Actual Rate Of Return On Plan Assets
ActualRateOfReturnOnPlanAssets
-0.054
CY2017 itt Actual Rate Of Return On Plan Assets
ActualRateOfReturnOnPlanAssets
0.180
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
ShareBasedCompensationArrangementByShareBasedPaymentAwardNumberOfSharesAvailableForGrant
37500000 shares
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21600000 USD
CY2017 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
18100000 USD
CY2019 itt Sharebasedcompensationcostsliabilitybasedawards
Sharebasedcompensationcostsliabilitybasedawards
2800000 USD
CY2018 itt Sharebasedcompensationcostsliabilitybasedawards
Sharebasedcompensationcostsliabilitybasedawards
1500000 USD
CY2017 itt Sharebasedcompensationcostsliabilitybasedawards
Sharebasedcompensationcostsliabilitybasedawards
2800000 USD
CY2019 itt Sharebasedcompensationcosts Total
SharebasedcompensationcostsTotal
18500000 USD
CY2018 itt Sharebasedcompensationcosts Total
SharebasedcompensationcostsTotal
23100000 USD
CY2017 itt Sharebasedcompensationcosts Total
SharebasedcompensationcostsTotal
20900000 USD
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2019 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
700000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.04
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
900000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.07
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
1400000 shares
CY2016Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
30.57
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Grants In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsGrantsInPeriodWeightedAverageExercisePrice
0
CY2019 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
400000 shares
CY2019 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
36.08
CY2018 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
200000 shares
CY2018 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
30.52
CY2017 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
500000 shares
CY2017 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementsByShareBasedPaymentAwardOptionsExercisesInPeriodWeightedAverageExercisePrice
22.95
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Forfeitures And Expirations In Period Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresAndExpirationsInPeriodWeightedAverageExercisePrice
0
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
300000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
33.55
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
700000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
35.04
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
900000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
34.07
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
300000 shares
CY2019Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
33.55
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
500000 shares
CY2018Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
36.04
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
500000 shares
CY2017Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.24
CY2019 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
11100000 USD
CY2018 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4500000 USD
CY2017 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
10600000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14900000 USD
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300000000 shares
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us-gaap Stock Repurchased During Period Shares
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1700000 USD
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P10Y
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1200000 USD
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20500000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
17300000 USD

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