2019 Q4 Form 10-K Financial Statement

#000021622821000005 Filed on February 19, 2021

View on sec.gov

Income Statement

Concept 2019 Q4 2018 Q4 2018
Revenue $719.1M $678.4M $2.745B
YoY Change 6.0% -0.76% 6.18%
Cost Of Revenue $491.1M $467.9M $1.858B
YoY Change 4.96% -1.18% 5.24%
Gross Profit $228.0M $210.5M $887.2M
YoY Change 8.31% 0.19% 8.21%
Gross Profit Margin 31.71% 31.03% 32.32%
Selling, General & Admin $108.0M $101.6M $422.1M
YoY Change 6.3% 12.51% -1.36%
% of Gross Profit 47.37% 48.27% 47.58%
Research & Development $24.80M $23.70M $98.40M
YoY Change 4.64% -6.32% 5.24%
% of Gross Profit 10.88% 11.26% 11.09%
Depreciation & Amortization $32.30M $26.90M $109.4M
YoY Change 20.07% -2.89% 3.89%
% of Gross Profit 14.17% 12.78% 12.33%
Operating Expenses $132.8M $125.3M $520.5M
YoY Change 5.99% 8.39% -0.17%
Operating Profit $95.20M $85.20M $397.3M
YoY Change 11.74% -9.84% 24.43%
Interest Expense $1.700M -$2.300M $0.00
YoY Change -173.91% -76.53%
% of Operating Profit 1.79% -2.7% 0.0%
Other Income/Expense, Net $1.300M
YoY Change -113.0%
Pretax Income $84.00M $66.30M $114.4M
YoY Change 26.7% -3.07% 28.25%
Income Tax $16.80M $18.20M $57.70M
% Of Pretax Income 20.0% 27.45% 50.44%
Net Earnings $68.40M $51.90M $333.7M
YoY Change 31.79% -177.23% 194.01%
Net Earnings / Revenue 9.51% 7.65% 12.16%
Basic Earnings Per Share $3.81
Diluted Earnings Per Share $772.0K $585.1K $3.76
COMMON SHARES
Basic Shares Outstanding 87.70M shares 87.60M shares 87.70M shares
Diluted Shares Outstanding 88.70M shares

Balance Sheet

Concept 2019 Q4 2018 Q4 2018
SHORT-TERM ASSETS
Cash & Short-Term Investments $612.0M $561.0M $561.0M
YoY Change 9.09% 43.85% 43.85%
Cash & Equivalents $612.1M $561.2M $561.0M
Short-Term Investments
Other Short-Term Assets $153.4M $163.4M $142.0M
YoY Change -6.12% 10.85% -3.4%
Inventory $392.9M $380.5M $381.0M
Prepaid Expenses $45.40M $44.50M
Receivables $569.0M $535.0M $535.0M
Other Receivables $27.00M $27.00M $27.00M
Total Short-Term Assets $1.737B $1.645B $1.645B
YoY Change 5.57% 11.25% 11.22%
LONG-TERM ASSETS
Property, Plant & Equipment $531.5M $518.8M $519.0M
YoY Change 2.45% -0.56% -0.57%
Goodwill $927.2M $875.9M
YoY Change 5.86% -1.23%
Intangibles $138.0M $136.1M
YoY Change 1.4% -12.87%
Long-Term Investments $9.800M $7.700M $8.000M
YoY Change 27.27% 14.93% 14.29%
Other Assets $316.5M $196.8M $628.0M
YoY Change 60.82% -3.01% 3.29%
Total Long-Term Assets $2.371B $2.202B $2.202B
YoY Change 7.68% -0.89% -0.86%
TOTAL ASSETS
Total Short-Term Assets $1.737B $1.645B $1.645B
Total Long-Term Assets $2.371B $2.202B $2.202B
Total Assets $4.108B $3.847B $3.847B
YoY Change 6.78% 3.96% 3.97%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $332.4M $339.2M $339.0M
YoY Change -2.0% -3.47% -3.42%
Accrued Expenses $430.8M $416.7M $203.0M
YoY Change 3.38% 8.4% 0.0%
Deferred Revenue $57.40M $61.00M
YoY Change -5.9%
Short-Term Debt $86.50M $116.2M $114.0M
YoY Change -25.56% -28.97% -29.63%
Long-Term Debt Due $2.300M $1.800M $2.000M
YoY Change 27.78% 100.0% 100.0%
Total Short-Term Liabilities $849.7M $872.1M $872.0M
YoY Change -2.57% -3.04% -3.0%
LONG-TERM LIABILITIES
Long-Term Debt $12.90M $8.800M $9.000M
YoY Change 46.59% 7.32% 12.5%
Other Long-Term Liabilities $234.7M $166.5M $1.116B
YoY Change 40.96% -5.18% -5.02%
Total Long-Term Liabilities $1.180B $1.150B $1.125B
YoY Change 2.64% -4.42% -4.9%
TOTAL LIABILITIES
Total Short-Term Liabilities $849.7M $872.1M $872.0M
Total Long-Term Liabilities $1.180B $1.150B $1.125B
Total Liabilities $2.030B $2.022B $2.024B
YoY Change 0.4% -3.83% -3.8%
SHAREHOLDERS EQUITY
Retained Earnings $2.372B $2.110B
YoY Change 12.42% 13.7%
Common Stock $87.80M $87.60M
YoY Change 0.23% -0.68%
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $2.075B $1.822B $1.822B
YoY Change
Total Liabilities & Shareholders Equity $4.108B $3.847B $3.847B
YoY Change 6.78% 3.96% 3.97%

Cashflow Statement

Concept 2019 Q4 2018 Q4 2018
OPERATING ACTIVITIES
Net Income $68.40M $51.90M $333.7M
YoY Change 31.79% -177.23% 194.01%
Depreciation, Depletion And Amortization $32.30M $26.90M $109.4M
YoY Change 20.07% -2.89% 3.89%
Cash From Operating Activities $135.8M $122.9M $367.6M
YoY Change 10.5% 81.27% 50.04%
INVESTING ACTIVITIES
Capital Expenditures -$22.10M -$31.70M -$95.50M
YoY Change -30.28% -7.04% -15.71%
Acquisitions $0.00
YoY Change -100.0%
Other Investing Activities -$500.0K $500.0K $0.00
YoY Change -200.0% 150.0%
Cash From Investing Activities -$22.60M -$31.20M -$52.30M
YoY Change -27.56% -7.96% -76.57%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net $50.30M
YoY Change 131.8%
Debt Paid & Issued, Net $2.700M
YoY Change 107.69%
Cash From Financing Activities -64.60M -52.60M -$128.8M
YoY Change 22.81% 41.4% 14.49%
NET CHANGE
Cash From Operating Activities 135.8M 122.9M 367.6M
Cash From Investing Activities -22.60M -31.20M -$52.30M
Cash From Financing Activities -64.60M -52.60M -$128.8M
Net Change In Cash 48.60M 39.10M $171.2M
YoY Change 24.3% -1284.85% -341.47%
FREE CASH FLOW
Cash From Operating Activities $135.8M $122.9M $367.6M
Capital Expenditures -$22.10M -$31.70M -$95.50M
Free Cash Flow $157.9M $154.6M $463.1M
YoY Change 2.13% 51.72% 29.25%

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-3400000 USD
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
OtherComprehensiveIncomeLossAmortizationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetPriorServiceCostCreditNetOfTax
-3300000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
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1800000 USD
CY2019 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
1800000 USD
CY2018 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossTax
2400000 USD
CY2020 us-gaap Other Comprehensive Income Loss Reclassification Adjustment From Aoci Pension And Other Postretirement Benefit Plans For Net Gain Loss Net Of Tax
OtherComprehensiveIncomeLossReclassificationAdjustmentFromAOCIPensionAndOtherPostretirementBenefitPlansForNetGainLossNetOfTax
-7100000 USD
CY2019 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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-5600000 USD
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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-7400000 USD
CY2020 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Settlement Cost Credit Tax Benefit Expense
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-25700000 USD
CY2019 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Settlement Cost Credit Tax Benefit Expense
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0.0 USD
CY2018 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Settlement Cost Credit Tax Benefit Expense
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-400000 USD
CY2020 itt Other Comprehensive Income Loss Amortization Adjustmentfrom Aoci Pensionand Other Postretirement Benefit Plansfor Settlement Cost Credit Netof Tax
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-111300000 USD
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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CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
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0.0 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
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400000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Benefit Plan Improvement Tax Effect
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CY2020 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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0 USD
CY2019 us-gaap Other Comprehensive Income Defined Benefit Plan Net Prior Service Costs Credit Arising During Period Net Of Tax
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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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0 USD
CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Tax
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CY2020 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2019 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2018 us-gaap Other Comprehensive Income Defined Benefit Plans Net Unamortized Gain Loss Arising During Period Net Of Tax
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CY2020 itt Other Comprehensive Income Defined Benefit Plan Unrealized Foreign Currency Gain Loss Net Of Tax
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-2900000 USD
CY2019 itt Other Comprehensive Income Defined Benefit Plan Unrealized Foreign Currency Gain Loss Net Of Tax
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300000 USD
CY2018 itt Other Comprehensive Income Defined Benefit Plan Unrealized Foreign Currency Gain Loss Net Of Tax
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1000000.0 USD
CY2020 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 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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612100000 USD
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CY2019Q4 us-gaap Assets Noncurrent
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CY2020Q4 us-gaap Assets
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CY2019Q4 us-gaap Assets
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CY2019Q4 us-gaap Accrued Liabilities Current
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CY2020Q4 us-gaap Liabilities Current
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CY2019Q4 us-gaap Liabilities Current
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CY2020Q4 us-gaap Liabilities Noncurrent
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CY2019Q4 us-gaap Liabilities Noncurrent
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CY2020Q4 us-gaap Liabilities
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CY2019Q4 us-gaap Common Stock Value
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CY2019Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
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CY2019Q4 us-gaap Liabilities And Stockholders Equity
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CY2020 us-gaap Income Loss From Continuing Operations
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CY2019 us-gaap Income Loss From Continuing Operations
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CY2019 us-gaap Depreciation Depletion And Amortization
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CY2018 us-gaap Depreciation Depletion And Amortization
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CY2020 us-gaap Share Based Compensation
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CY2019 us-gaap Share Based Compensation
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CY2018 us-gaap Share Based Compensation
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CY2020 itt Asbestos Related Costs Net
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CY2019 itt Asbestos Related Costs Net
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CY2018 itt Asbestos Related Costs Net
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4900000 USD
CY2020 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
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CY2019 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
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0 USD
CY2018 us-gaap Defined Benefit Plan Recognized Net Gain Loss Due To Settlements And Curtailments1
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CY2020 us-gaap Deferred Income Tax Expense Benefit
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CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30900000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
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CY2020 us-gaap Asset Impairment Charges
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CY2019 us-gaap Asset Impairment Charges
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1000000.0 USD
CY2018 us-gaap Asset Impairment Charges
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CY2020 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2019 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2018 us-gaap Gain Loss On Sale Of Property Plant Equipment
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CY2018 us-gaap Other Noncash Income Expense
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CY2020 itt Asbestos Related Payments
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9800000 USD
CY2019 itt Asbestos Related Payments
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21600000 USD
CY2018 itt Asbestos Related Payments
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CY2020 us-gaap Pension Contributions
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CY2020 us-gaap Increase Decrease In Receivables
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40600000 USD
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2700000 USD
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CY2019 us-gaap Increase Decrease In Inventories
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CY2018 us-gaap Increase Decrease In Inventories
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CY2020 us-gaap Increase Decrease In Contract With Customer Asset
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CY2019 us-gaap Increase Decrease In Contract With Customer Liability
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CY2020 us-gaap Increase Decrease In Accrued Income Taxes 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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CY2019 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2018 us-gaap Net Cash Provided By Used In Operating Activities Continuing Operations
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CY2020 us-gaap Payments To Acquire Productive Assets
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CY2019 us-gaap Payments To Acquire Productive Assets
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CY2018 us-gaap Payments To Acquire Productive Assets
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CY2020 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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CY2019 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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CY2018 us-gaap Proceeds From Divestiture Of Businesses And Interests In Affiliates
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CY2020 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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4700000 USD
CY2019 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
PaymentsToAcquireBusinessesNetOfCashAcquired
113100000 USD
CY2018 us-gaap Payments To Acquire Businesses Net Of Cash Acquired
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CY2019 us-gaap Net Cash Provided By Used In Investing Activities
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13100000 USD
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CY2020 us-gaap Repayments Of Lines Of Credit
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CY2019 us-gaap Repayments Of Long Term Debt
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3200000 USD
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2700000 USD
CY2020 us-gaap Payments For Repurchase Of Common Stock
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41400000 USD
CY2018 us-gaap Payments For Repurchase Of Common Stock
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56100000 USD
CY2020 us-gaap Payments Of Dividends Common Stock
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59000000.0 USD
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52100000 USD
CY2018 us-gaap Payments Of Dividends Common Stock
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47300000 USD
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4300000 USD
CY2019 us-gaap Proceeds From Issuance Of Common Stock
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14900000 USD
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5800000 USD
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CY2019 us-gaap Proceeds From Payments For Other Financing Activities
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CY2019 us-gaap Net Cash Provided By Used In Financing Activities
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CY2020 us-gaap Effect Of Exchange Rate On Cash And Cash Equivalents
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1000000.0 USD
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900000 USD
CY2018 us-gaap Cash Provided By Used In Operating Activities Discontinued Operations
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CY2020 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents Period Increase Decrease Including Exchange Rate Effect
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
247700000 USD
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
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
800000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1000000.0 USD
CY2017Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1200000 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
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
800000 USD
CY2019Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
800000 USD
CY2018Q4 us-gaap Restricted Cash And Cash Equivalents
RestrictedCashAndCashEquivalents
1000000.0 USD
CY2020Q4 us-gaap Cash Cash Equivalents Restricted Cash And Restricted Cash Equivalents
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
860600000 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
CY2020 us-gaap Interest Paid Net
InterestPaidNet
3300000 USD
CY2019 us-gaap Interest Paid Net
InterestPaidNet
2500000 USD
CY2018 us-gaap Interest Paid Net
InterestPaidNet
3300000 USD
CY2020 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
61100000 USD
CY2019 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
63400000 USD
CY2018 us-gaap Income Taxes Paid Net
IncomeTaxesPaidNet
53500000 USD
CY2017Q4 us-gaap Common Stock Shares Issued
CommonStockSharesIssued
88200000 shares
CY2017Q4 us-gaap Retained Earnings Accumulated Deficit
RetainedEarningsAccumulatedDeficit
1856100000 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
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27500000 USD
CY2018 us-gaap Stock Repurchased During Period Value
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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
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334600000 USD
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.536
CY2018 us-gaap Dividends Common Stock Cash
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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
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1824900000 USD
CY2019 us-gaap Stock Issued During Period Value Share Based Compensation
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30600000 USD
CY2019 us-gaap Stock Repurchased During Period Value
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41400000 USD
CY2019 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
326200000 USD
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.588
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
CY2020 us-gaap Stock Issued During Period Value Share Based Compensation
StockIssuedDuringPeriodValueShareBasedCompensation
17700000 USD
CY2020 us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
84200000 USD
CY2020 us-gaap Cumulative Effect On Retained Earnings Net Of Tax1
CumulativeEffectOnRetainedEarningsNetOfTax1
-1200000 USD
CY2020 us-gaap Net Income Loss Including Portion Attributable To Nonredeemable Noncontrolling Interest
NetIncomeLossIncludingPortionAttributableToNonredeemableNoncontrollingInterest
73900000 USD
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.676
CY2020 us-gaap Dividends Common Stock Cash
DividendsCommonStockCash
58900000 USD
CY2020 us-gaap Minority Interest Decrease From Distributions To Noncontrolling Interest Holders
MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders
900000 USD
CY2020 us-gaap Minority Interest Decrease From Redemptions
MinorityInterestDecreaseFromRedemptions
2200000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
105900000 USD
CY2020Q4 us-gaap Stockholders Equity Including Portion Attributable To Noncontrolling Interest
StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
2127900000 USD
CY2020 itt Measurement Period For Expected Return On Plan Assets
MeasurementPeriodForExpectedReturnOnPlanAssets
P5Y
CY2020 itt Research And Development Expense Percentage Of Sales
ResearchAndDevelopmentExpensePercentageOfSales
0.034
CY2018 itt Research And Development Expense Percentage Of Sales
ResearchAndDevelopmentExpensePercentageOfSales
0.036
CY2020Q4 us-gaap Restricted Cash And Cash Equivalents
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800000 USD
CY2020 us-gaap Concentration Risk Credit Risk
ConcentrationRiskCreditRisk
<div><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-style:italic;font-weight:400;line-height:120%">Concentrations of Credit Risk</span></div><div style="margin-bottom:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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="margin-bottom:6pt;text-align:justify;text-indent:18pt"><span style="color:#000000;font-family:'Arial',sans-serif;font-size:10pt;font-weight:400;line-height:120%">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 12% and 13% of the December 31, 2020 and 2019 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>
CY2020Q4 us-gaap Percentage Of Lifo Inventory
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0.125
CY2019Q4 us-gaap Percentage Of Lifo Inventory
PercentageOfLIFOInventory
0.145
CY2020Q4 us-gaap Inventory Lifo Reserve
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12000000.0 USD
CY2019Q4 us-gaap Inventory Lifo Reserve
InventoryLIFOReserve
12400000 USD
CY2020 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.
CY2020Q4 us-gaap Short Term Investments
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0 USD
CY2020Q4 itt Investments In Corporate Owned Life Insurance
InvestmentsInCorporateOwnedLifeInsurance
113700000 USD
CY2019Q4 itt Investments In Corporate Owned Life Insurance
InvestmentsInCorporateOwnedLifeInsurance
109100000 USD
CY2020 us-gaap Life Insurance Corporate Or Bank Owned Change In Value
LifeInsuranceCorporateOrBankOwnedChangeInValue
4300000 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
CY2020 us-gaap Tangible Asset Impairment Charges
TangibleAssetImpairmentCharges
4000000.0 USD
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
12300000 USD
CY2020 itt Maximum Measurement Period To Record Fair Value Changes As Adjustment To Associated Goodwill From Date Of Acquisition
MaximumMeasurementPeriodToRecordFairValueChangesAsAdjustmentToAssociatedGoodwillFromDateOfAcquisition
P12M
CY2020 us-gaap Foreign Currency Transaction Gain Loss Before Tax
ForeignCurrencyTransactionGainLossBeforeTax
-7600000 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
CY2020 us-gaap Related Party Costs
RelatedPartyCosts
200000 USD
CY2020 us-gaap Number Of Reportable Segments
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3 Segment
CY2020 us-gaap Revenues
Revenues
2477800000 USD
CY2019 us-gaap Revenues
Revenues
2846400000 USD
CY2018 us-gaap Revenues
Revenues
2745100000 USD
CY2020 us-gaap Operating Income Loss
OperatingIncomeLoss
226500000 USD
CY2019 us-gaap Operating Income Loss
OperatingIncomeLoss
411400000 USD
CY2018 us-gaap Operating Income Loss
OperatingIncomeLoss
397300000 USD
CY2020 itt Operating Margin
OperatingMargin
0.091
CY2019 itt Operating Margin
OperatingMargin
0.145
CY2018 itt Operating Margin
OperatingMargin
0.145
CY2020Q4 us-gaap Assets
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4277600000 USD
CY2019Q4 us-gaap Assets
Assets
4107700000 USD
CY2020 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
63700000 USD
CY2019 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
91400000 USD
CY2018 us-gaap Payments To Acquire Productive Assets
PaymentsToAcquireProductiveAssets
95500000 USD
CY2020 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
112200000 USD
CY2019 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
113400000 USD
CY2018 us-gaap Depreciation Depletion And Amortization
DepreciationDepletionAndAmortization
109400000 USD
CY2020 us-gaap Revenues
Revenues
2477800000 USD
CY2019 us-gaap Revenues
Revenues
2846400000 USD
CY2018 us-gaap Revenues
Revenues
2745100000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
525100000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
531500000 USD
CY2020 us-gaap Revenues
Revenues
2477800000 USD
CY2019 us-gaap Revenues
Revenues
2846400000 USD
CY2018 us-gaap Revenues
Revenues
2745100000 USD
CY2020 itt Maximum Percentage Of Revenue For Which Individual Customer Accounts For
MaximumPercentageOfRevenueForWhichIndividualCustomerAccountsFor
0.091
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
CY2020 itt Serviceand Repair Revenue Percentageof Total
ServiceandRepairRevenuePercentageofTotal
0.04
CY2020Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
19100000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
ContractWithCustomerAssetNetCurrent
18000000.0 USD
CY2020 itt Current Contract Assets Percentage Changefrom Prior Period
CurrentContractAssetsPercentageChangefromPriorPeriod
0.061
CY2020Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
56200000 USD
CY2019Q4 us-gaap Contract With Customer Liability Current
ContractWithCustomerLiabilityCurrent
57400000 USD
CY2020 itt Current Contract Liabilities Percentage Changefrom Prior Period
CurrentContractLiabilitiesPercentageChangefromPriorPeriod
-0.021
CY2020Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
100000 USD
CY2019Q4 us-gaap Contract With Customer Liability Noncurrent
ContractWithCustomerLiabilityNoncurrent
0 USD
CY2020 itt Noncurrent Contract Liabilities Percentage Change From Prior Period
NoncurrentContractLiabilitiesPercentageChangeFromPriorPeriod
0
CY2020Q4 itt Net Contract Liabilities
NetContractLiabilities
37200000 USD
CY2019Q4 itt Net Contract Liabilities
NetContractLiabilities
39400000 USD
CY2020 itt Net Contract Liability Percentage Changefrom Prior Period
NetContractLiabilityPercentageChangefromPriorPeriod
-0.056
CY2020 itt Net Contract Liability Changefrom Prior Year
NetContractLiabilityChangefromPriorYear
2200000 USD
CY2020 itt Net Contract Liability Percentage Changefrom Prior Period
NetContractLiabilityPercentageChangefromPriorPeriod
-0.056
CY2020 us-gaap Contract With Customer Liability Revenue Recognized
ContractWithCustomerLiabilityRevenueRecognized
51100000 USD
CY2020Q4 us-gaap Revenue Remaining Performance Obligation
RevenueRemainingPerformanceObligation
777200000 USD
CY2020Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
6500000 USD
CY2019Q4 us-gaap Capitalized Contract Cost Net
CapitalizedContractCostNet
8100000 USD
CY2020 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1600000 USD
CY2019 us-gaap Capitalized Contract Cost Amortization
CapitalizedContractCostAmortization
1300000 USD
CY2020 us-gaap Severance Costs1
SeveranceCosts1
41500000 USD
CY2019 us-gaap Severance Costs1
SeveranceCosts1
12400000 USD
CY2018 us-gaap Severance Costs1
SeveranceCosts1
4500000 USD
CY2020 us-gaap Other Restructuring Costs
OtherRestructuringCosts
1500000 USD
CY2019 us-gaap Other Restructuring Costs
OtherRestructuringCosts
400000 USD
CY2018 us-gaap Other Restructuring Costs
OtherRestructuringCosts
700000 USD
CY2020 us-gaap Restructuring Charges
RestructuringCharges
43000000.0 USD
CY2019 us-gaap Restructuring Charges
RestructuringCharges
12800000 USD
CY2018 us-gaap Restructuring Charges
RestructuringCharges
5200000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
7500000 USD
CY2018Q4 us-gaap Restructuring Reserve
RestructuringReserve
6700000 USD
CY2020 itt Restructuring Costs Gross Before Prior Accrual Adjustments
RestructuringCostsGrossBeforePriorAccrualAdjustments
44100000 USD
CY2019 itt Restructuring Costs Gross Before Prior Accrual Adjustments
RestructuringCostsGrossBeforePriorAccrualAdjustments
13400000 USD
CY2020 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-1100000 USD
CY2019 us-gaap Restructuring Reserve Accrual Adjustment1
RestructuringReserveAccrualAdjustment1
-600000 USD
CY2020 us-gaap Payments For Restructuring
PaymentsForRestructuring
33000000.0 USD
CY2019 us-gaap Payments For Restructuring
PaymentsForRestructuring
11700000 USD
CY2020 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
1600000 USD
CY2019 us-gaap Restructuring Reserve Translation Adjustment
RestructuringReserveTranslationAdjustment
-300000 USD
CY2020Q4 us-gaap Restructuring Reserve
RestructuringReserve
19100000 USD
CY2019Q4 us-gaap Restructuring Reserve
RestructuringReserve
7500000 USD
CY2020 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9900000 USD
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Domestic
IncomeLossFromContinuingOperationsBeforeIncomeTaxesDomestic
-124300000 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
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Foreign
IncomeLossFromContinuingOperationsBeforeIncomeTaxesForeign
209500000 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
CY2020 us-gaap Income Loss From Continuing Operations Before Income Taxes Minority Interest And Income Loss From Equity Method Investments
IncomeLossFromContinuingOperationsBeforeIncomeTaxesMinorityInterestAndIncomeLossFromEquityMethodInvestments
85200000 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
CY2018 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-200000 USD
CY2020 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-2500000 USD
CY2019 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
19300000 USD
CY2019 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
9400000 USD
CY2018 us-gaap Current Federal Tax Expense Benefit
CurrentFederalTaxExpenseBenefit
6300000 USD
CY2020 us-gaap Current State And Local Tax Expense Benefit
CurrentStateAndLocalTaxExpenseBenefit
-1500000 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
CY2020 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
50800000 USD
CY2019 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
49100000 USD
CY2018 us-gaap Current Foreign Tax Expense Benefit
CurrentForeignTaxExpenseBenefit
58200000 USD
CY2020 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
59200000 USD
CY2019 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
59000000.0 USD
CY2018 us-gaap Current Income Tax Expense Benefit
CurrentIncomeTaxExpenseBenefit
72400000 USD
CY2020 us-gaap Deferred Federal Income Tax Expense Benefit
DeferredFederalIncomeTaxExpenseBenefit
-36600000 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
CY2020 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
-4800000 USD
CY2019 us-gaap Deferred State And Local Income Tax Expense Benefit
DeferredStateAndLocalIncomeTaxExpenseBenefit
1500000 USD
CY2018 us-gaap Deferred Foreign Income Tax Expense Benefit
DeferredForeignIncomeTaxExpenseBenefit
-21900000 USD
CY2020 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-43900000 USD
CY2019 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
30900000 USD
CY2018 us-gaap Deferred Income Tax Expense Benefit
DeferredIncomeTaxExpenseBenefit
-14700000 USD
CY2020 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
15300000 USD
CY2019 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
89900000 USD
CY2018 us-gaap Income Tax Expense Benefit
IncomeTaxExpenseBenefit
57700000 USD
CY2020 us-gaap Effective Income Tax Rate Continuing Operations
EffectiveIncomeTaxRateContinuingOperations
0.180 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
CY2020 us-gaap Effective Income Tax Rate Reconciliation At Federal Statutory Income Tax Rate
EffectiveIncomeTaxRateReconciliationAtFederalStatutoryIncomeTaxRate
0.210 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
CY2020 itt Effective Income Tax Rate Reconciliation Tax On Undistributed Of Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnUndistributedOfForeignEarnings
0.074 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
CY2020 itt Effective Income Tax Reconciliation Pension Settlement Aoci Expense
EffectiveIncomeTaxReconciliationPensionSettlementAOCIExpense
0.059 Rate
CY2019 itt Effective Income Tax Reconciliation Pension Settlement Aoci Expense
EffectiveIncomeTaxReconciliationPensionSettlementAOCIExpense
0 Rate
CY2018 itt Effective Income Tax Reconciliation Pension Settlement Aoci Expense
EffectiveIncomeTaxReconciliationPensionSettlementAOCIExpense
0 Rate
CY2020 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBox
-0.056 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
CY2020 us-gaap Effective Income Tax Rate Reconciliation Tax Settlements
EffectiveIncomeTaxRateReconciliationTaxSettlements
-0.054 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
CY2020 itt Effective Income Tax Reconciliation Non U.S.Prior Year Income Taxes Italian Patent Box Descrete Benefit Relatingto Prior Years
EffectiveIncomeTaxReconciliationNonU.S.PriorYearIncomeTaxesItalianPatentBoxDescreteBenefitRelatingtoPriorYears
-0.036 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
-0.011 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
-0.006 Rate
CY2020 us-gaap Effective Income Tax Rate Reconciliation State And Local Income Taxes
EffectiveIncomeTaxRateReconciliationStateAndLocalIncomeTaxes
-0.024 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
CY2020 us-gaap Effective Income Tax Rate Reconciliation Foreign Income Tax Rate Differential
EffectiveIncomeTaxRateReconciliationForeignIncomeTaxRateDifferential
0.016 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
CY2020 us-gaap Effective Income Tax Rate Reconciliation Change In Deferred Tax Assets Valuation Allowance
EffectiveIncomeTaxRateReconciliationChangeInDeferredTaxAssetsValuationAllowance
0.015 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
CY2020 itt Effective Income Tax Rate Reconciliation Tax On Foreign Earnings
EffectiveIncomeTaxRateReconciliationTaxOnForeignEarnings
-0.002 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
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CY2019 itt Effective Income Tax Rate Reconciliation Changein Enacted Tax Rate One Time Taxon Foreign Earnings Percent
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CY2019 itt Federaldeferredtaxesremeasurement Tax Act
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CY2018 itt Federaldeferredtaxesremeasurement Tax Act
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43000000.0 USD
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300000 USD
CY2019 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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300000 USD
CY2018 us-gaap Unrecognized Tax Benefits Increases Resulting From Prior Period Tax Positions
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CY2020 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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100000 USD
CY2018 us-gaap Unrecognized Tax Benefits Decreases Resulting From Prior Period Tax Positions
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1900000 USD
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1200000 USD
CY2019 us-gaap Unrecognized Tax Benefits Decreases Resulting From Settlements With Taxing Authorities
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100000 USD
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5500000 USD
CY2020Q4 us-gaap Unrecognized Tax Benefits
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41500000 USD
CY2019Q4 us-gaap Unrecognized Tax Benefits
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46200000 USD
CY2018Q4 us-gaap Unrecognized Tax Benefits
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45800000 USD
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15000000 USD
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2900000 USD
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3200000 USD
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IncrementalCommonSharesAttributableToShareBasedPaymentArrangements
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900000 shares
CY2018 us-gaap Incremental Common Shares Attributable To Share Based Payment Arrangements
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CY2019 us-gaap Weighted Average Number Of Diluted Shares Outstanding
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CY2019Q4 us-gaap Other Receivables
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522600000 USD
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CY2019Q4 us-gaap Allowance For Doubtful Accounts Receivable
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CY2017Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
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CY2020 itt Impact Of Adoption Of Asu201613
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1700000 USD
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0 USD
CY2018 itt Impact Of Adoption Of Asu201613
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CY2020 us-gaap Provision For Doubtful Accounts
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CY2019 us-gaap Provision For Doubtful Accounts
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3500000 USD
CY2018 us-gaap Provision For Doubtful Accounts
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3600000 USD
CY2020 us-gaap Allowance For Loan And Lease Losses Write Offs
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5500000 USD
CY2019 us-gaap Allowance For Loan And Lease Losses Write Offs
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9200000 USD
CY2018 us-gaap Allowance For Loan And Lease Losses Write Offs
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CY2020 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
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CY2020Q4 us-gaap Inventory Net
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CY2019Q4 us-gaap Inventory Net
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CY2020Q4 itt Other Employee Benefit Related Assets
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CY2019 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
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200000 USD
CY2018 us-gaap Allowance For Loan And Lease Losses Foreign Currency Translation
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CY2020Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
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15600000 USD
CY2019Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
12800000 USD
CY2018Q4 us-gaap Accounts And Financing Receivable Allowance For Credit Loss
AccountsAndFinancingReceivableAllowanceForCreditLoss
18300000 USD
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CY2019Q4 us-gaap Inventory Finished Goods
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CY2019Q4 us-gaap Inventory Work In Process
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228300000 USD
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133600000 USD
CY2020Q4 itt Asbestos Related Current Assets
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91000000.0 USD
CY2019Q4 itt Asbestos Related Current Assets
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67200000 USD
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39600000 USD
CY2019Q4 us-gaap Prepaid Expense Current
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19100000 USD
CY2019Q4 us-gaap Contract With Customer Asset Net Current
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CY2019Q4 us-gaap Prepaid Taxes
PrepaidTaxes
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CY2019Q4 us-gaap Other Assets Miscellaneous Current
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CY2020Q4 us-gaap Other Assets Current
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CY2019Q4 us-gaap Other Assets Current
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CY2019Q4 us-gaap Operating Lease Right Of Use Asset
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23900000 USD
CY2019Q4 us-gaap Capitalized Computer Software Net
CapitalizedComputerSoftwareNet
30100000 USD
CY2020Q4 us-gaap Equity Method Investments
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CY2019Q4 us-gaap Equity Method Investments
EquityMethodInvestments
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24600000 USD
CY2019Q4 us-gaap Other Assets Miscellaneous Noncurrent
OtherAssetsMiscellaneousNoncurrent
29100000 USD
CY2020Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
272000000.0 USD
CY2019Q4 us-gaap Other Assets Noncurrent
OtherAssetsNoncurrent
316500000 USD
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1205700000 USD
CY2019Q4 us-gaap Machinery And Equipment Gross
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CY2020Q4 us-gaap Buildings And Improvements Gross
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273900000 USD
CY2019Q4 us-gaap Buildings And Improvements Gross
BuildingsAndImprovementsGross
279300000 USD
CY2020Q4 us-gaap Furniture And Fixtures Gross
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82000000.0 USD
CY2019Q4 us-gaap Furniture And Fixtures Gross
FurnitureAndFixturesGross
79800000 USD
CY2020Q4 us-gaap Construction In Progress Gross
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44700000 USD
CY2019Q4 us-gaap Construction In Progress Gross
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48800000 USD
CY2020Q4 us-gaap Land
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34600000 USD
CY2019Q4 us-gaap Land
Land
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CY2020Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
5000000.0 USD
CY2019Q4 us-gaap Property Plant And Equipment Other
PropertyPlantAndEquipmentOther
10500000 USD
CY2020Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1645900000 USD
CY2019Q4 us-gaap Property Plant And Equipment Gross
PropertyPlantAndEquipmentGross
1580600000 USD
CY2020Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
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1120800000 USD
CY2019Q4 us-gaap Accumulated Depreciation Depletion And Amortization Property Plant And Equipment
AccumulatedDepreciationDepletionAndAmortizationPropertyPlantAndEquipment
1049100000 USD
CY2020Q4 us-gaap Property Plant And Equipment Net
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525100000 USD
CY2019Q4 us-gaap Property Plant And Equipment Net
PropertyPlantAndEquipmentNet
531500000 USD
CY2020 us-gaap Depreciation
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83200000 USD
CY2019 us-gaap Depreciation
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84100000 USD
CY2018 us-gaap Depreciation
Depreciation
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Goodwill
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CY2019 us-gaap Goodwill Acquired During Period
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54400000 USD
CY2019 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
-3100000 USD
CY2019Q4 us-gaap Goodwill
Goodwill
927200000 USD
CY2020 us-gaap Goodwill Purchase Accounting Adjustments
GoodwillPurchaseAccountingAdjustments
-2500000 USD
CY2020 us-gaap Goodwill Foreign Currency Translation Gain Loss
GoodwillForeignCurrencyTranslationGainLoss
20100000 USD
CY2020Q4 us-gaap Goodwill
Goodwill
944800000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Gross
FiniteLivedIntangibleAssetsGross
226200000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
136600000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Net
FiniteLivedIntangibleAssetsNet
89600000 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
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
16800000 USD
CY2020Q4 us-gaap Indefinite Lived Intangible Assets Excluding Goodwill
IndefiniteLivedIntangibleAssetsExcludingGoodwill
16800000 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
CY2020Q4 itt Finite And Infinite Lived Intangible Assets Gross
FiniteAndInfiniteLivedIntangibleAssetsGross
243000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Accumulated Amortization
FiniteLivedIntangibleAssetsAccumulatedAmortization
136600000 USD
CY2020Q4 us-gaap Intangible Assets Net Excluding Goodwill
IntangibleAssetsNetExcludingGoodwill
106400000 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
CY2020 us-gaap Goodwill And Intangible Asset Impairment
GoodwillAndIntangibleAssetImpairment
12300000 USD
CY2020 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20400000 USD
CY2020Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
36900000 USD
CY2019Q4 us-gaap Accrued Income Taxes Current
AccruedIncomeTaxesCurrent
27000000.0 USD
CY2019Q4 itt Asbestos Related Liability Current
AsbestosRelatedLiabilityCurrent
86000000.0 USD
CY2020Q4 itt Customer Related Liabilities
CustomerRelatedLiabilities
73700000 USD
CY2019Q4 itt Customer Related Liabilities
CustomerRelatedLiabilities
74600000 USD
CY2019 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
20800000 USD
CY2018 us-gaap Amortization Of Intangible Assets
AmortizationOfIntangibleAssets
17600000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Next Twelve Months
FiniteLivedIntangibleAssetsAmortizationExpenseNextTwelveMonths
19000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Two
FiniteLivedIntangibleAssetsAmortizationExpenseYearTwo
16200000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Three
FiniteLivedIntangibleAssetsAmortizationExpenseYearThree
14500000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Four
FiniteLivedIntangibleAssetsAmortizationExpenseYearFour
9000000.0 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseYearFive
7900000 USD
CY2020Q4 us-gaap Finite Lived Intangible Assets Amortization Expense After Year Five
FiniteLivedIntangibleAssetsAmortizationExpenseAfterYearFive
23000000.0 USD
CY2020Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
137300000 USD
CY2019Q4 us-gaap Employee Related Liabilities Current
EmployeeRelatedLiabilitiesCurrent
145400000 USD
CY2020Q4 itt Asbestos Related Liability Current
AsbestosRelatedLiabilityCurrent
91400000 USD
CY2020Q4 itt Compensation And Other Employee Related Liabilities Noncurrent
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29400000 USD
CY2020Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
23100000 USD
CY2019Q4 us-gaap Product Warranty Accrual Classified Current
ProductWarrantyAccrualClassifiedCurrent
18500000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19800000 USD
CY2019Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19900000 USD
CY2020Q4 itt Accrued Environmental And Litigation Liabilities Current
AccruedEnvironmentalAndLitigationLiabilitiesCurrent
19100000 USD
CY2019Q4 itt Accrued Environmental And Litigation Liabilities Current
AccruedEnvironmentalAndLitigationLiabilitiesCurrent
17900000 USD
CY2020Q4 us-gaap Restructuring Reserve Current
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19100000 USD
CY2019Q4 us-gaap Restructuring Reserve Current
RestructuringReserveCurrent
7500000 USD
CY2020Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
37000000.0 USD
CY2019Q4 us-gaap Other Accrued Liabilities Current
OtherAccruedLiabilitiesCurrent
34000000.0 USD
CY2020Q4 us-gaap Accrued Liabilities Current
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457400000 USD
CY2019Q4 us-gaap Accrued Liabilities Current
AccruedLiabilitiesCurrent
430800000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
72400000 USD
CY2019Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
76000000.0 USD
CY2020Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
50100000 USD
CY2019Q4 us-gaap Accrued Environmental Loss Contingencies Noncurrent
AccruedEnvironmentalLossContingenciesNoncurrent
55800000 USD
CY2019Q4 itt Compensation And Other Employee Related Liabilities Noncurrent
CompensationAndOtherEmployeeRelatedLiabilitiesNoncurrent
32400000 USD
CY2020Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
13000000.0 USD
CY2019Q4 us-gaap Long Term Debt Noncurrent
LongTermDebtNoncurrent
12900000 USD
CY2020Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
11900000 USD
CY2019Q4 us-gaap Deferred Income Taxes And Other Tax Liabilities Noncurrent
DeferredIncomeTaxesAndOtherTaxLiabilitiesNoncurrent
24000000.0 USD
CY2020Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
33800000 USD
CY2019Q4 us-gaap Other Accrued Liabilities Noncurrent
OtherAccruedLiabilitiesNoncurrent
33600000 USD
CY2020Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
210600000 USD
CY2019Q4 us-gaap Other Liabilities Noncurrent
OtherLiabilitiesNoncurrent
234700000 USD
CY2020 us-gaap Operating Lease Cost
OperatingLeaseCost
25000000.0 USD
CY2019 us-gaap Operating Lease Cost
OperatingLeaseCost
25100000 USD
CY2018 us-gaap Operating Lease Cost
OperatingLeaseCost
25100000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Current
OperatingLeasesFutureMinimumPaymentsDueCurrent
21700000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Two Years
OperatingLeasesFutureMinimumPaymentsDueInTwoYears
19300000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Three Years
OperatingLeasesFutureMinimumPaymentsDueInThreeYears
14700000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Four Years
OperatingLeasesFutureMinimumPaymentsDueInFourYears
10600000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due In Five Years
OperatingLeasesFutureMinimumPaymentsDueInFiveYears
8500000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due Thereafter
OperatingLeasesFutureMinimumPaymentsDueThereafter
26300000 USD
CY2020Q4 us-gaap Operating Leases Future Minimum Payments Due
OperatingLeasesFutureMinimumPaymentsDue
101100000 USD
CY2020Q4 us-gaap Lessee Operating Lease Liability Undiscounted Excess Amount
LesseeOperatingLeaseLiabilityUndiscountedExcessAmount
8900000 USD
CY2020Q4 itt Discounted Obligationfor Operating Lease Payments
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92200000 USD
CY2020Q4 us-gaap Operating Lease Liability Current
OperatingLeaseLiabilityCurrent
19800000 USD
CY2020Q4 us-gaap Operating Lease Liability Noncurrent
OperatingLeaseLiabilityNoncurrent
72400000 USD
CY2020Q4 itt Discounted Obligationfor Operating Lease Payments
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92200000 USD
CY2020Q4 us-gaap Operating Lease Weighted Average Remaining Lease Term1
OperatingLeaseWeightedAverageRemainingLeaseTerm1
P6Y4M24D
CY2020Q4 us-gaap Operating Lease Weighted Average Discount Rate Percent
OperatingLeaseWeightedAverageDiscountRatePercent
0.026
CY2020 itt Capitalized Rightof Use Assetsduringthe Period
CapitalizedRightofUseAssetsduringthePeriod
28000000.0 USD
CY2020 itt Right Of Use Asset Reduction Due To Lease Termination
RightOfUseAssetReductionDueToLeaseTermination
13200000 USD
CY2020 us-gaap Operating Lease Payments
OperatingLeasePayments
22600000 USD
CY2020Q4 us-gaap Commercial Paper
CommercialPaper
104300000 USD
CY2019Q4 us-gaap Commercial Paper
CommercialPaper
84200000 USD
CY2020Q4 us-gaap Long Term Debt Current
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2500000 USD
CY2019Q4 us-gaap Long Term Debt Current
LongTermDebtCurrent
2300000 USD
CY2020Q4 us-gaap Debt Current
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106800000 USD
CY2019Q4 us-gaap Debt Current
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86500000 USD
CY2020Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
13000000.0 USD
CY2019Q4 us-gaap Long Term Debt And Capital Lease Obligations
LongTermDebtAndCapitalLeaseObligations
12900000 USD
CY2020Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
119800000 USD
CY2019Q4 us-gaap Debt And Capital Lease Obligations
DebtAndCapitalLeaseObligations
99400000 USD
CY2020Q4 us-gaap Other Short Term Borrowings
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0 USD
CY2020Q4 us-gaap Longterm Debt Weighted Average Interest Rate
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0.0071
CY2020Q4 us-gaap Long Term Debt Maturities Repayments Of Principal In Next Rolling Twelve Months
LongTermDebtMaturitiesRepaymentsOfPrincipalInNextRollingTwelveMonths
2500000 USD
CY2020 us-gaap Defined Contribution Plan Cost Recognized
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10600000 USD
CY2019 us-gaap Defined Contribution Plan Cost Recognized
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17600000 USD
CY2018 us-gaap Defined Contribution Plan Cost Recognized
DefinedContributionPlanCostRecognized
17100000 USD
CY2020Q4 itt Sharesof Itt Stock Heldin Defined Contribution Plan
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100000 shares
CY2020 itt Active Participants In Numerous Defined Benefit Pension Plans
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900 Participant
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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500000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
321800000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
242800000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
525400000 USD
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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-242300000 USD
CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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-203600000 USD
CY2020Q4 itt Pensionand Other Postretirement Defined Benefit Plans Assets Noncurrent
PensionandOtherPostretirementDefinedBenefitPlansAssetsNoncurrent
200000 USD
CY2019Q4 itt Pensionand Other Postretirement Defined Benefit Plans Assets Noncurrent
PensionandOtherPostretirementDefinedBenefitPlansAssetsNoncurrent
24500000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
15000000.0 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Current Liabilities
PensionAndOtherPostretirementDefinedBenefitPlansCurrentLiabilities
14200000 USD
CY2020Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent
227500000 USD
CY2019Q4 us-gaap Pension And Other Postretirement Defined Benefit Plans Liabilities Noncurrent
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213900000 USD
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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-80100000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Gains Losses Before Tax
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-181200000 USD
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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-26700000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Net Prior Service Cost Credit Before Tax
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-31800000 USD
CY2020Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
DefinedBenefitPlanAccumulatedOtherComprehensiveIncomeBeforeTax
53400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Other Comprehensive Income Before Tax
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149400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
525400000 USD
CY2018Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
499800000 USD
CY2020 us-gaap Defined Benefit Plan Service Cost
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2300000 USD
CY2019 us-gaap Defined Benefit Plan Service Cost
DefinedBenefitPlanServiceCost
2100000 USD
CY2020 us-gaap Defined Benefit Plan Interest Cost
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10700000 USD
CY2019 us-gaap Defined Benefit Plan Interest Cost
DefinedBenefitPlanInterestCost
16600000 USD
CY2020 us-gaap Defined Benefit Plan Plan Amendments
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0 USD
CY2019 us-gaap Defined Benefit Plan Plan Amendments
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-1700000 USD
CY2020 us-gaap Defined Benefit Plan Actuarial Gain Loss
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52300000 USD
CY2019 us-gaap Defined Benefit Plan Actuarial Gain Loss
DefinedBenefitPlanActuarialGainLoss
45000000.0 USD
CY2020 itt Defined Benefit Plan Benefits And Expenses Paid Including Unfunded Portion
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28400000 USD
CY2019 itt Defined Benefit Plan Benefits And Expenses Paid Including Unfunded Portion
DefinedBenefitPlanBenefitsAndExpensesPaidIncludingUnfundedPortion
38700000 USD
CY2020 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Benefit Obligation
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsBenefitObligation
0 USD
CY2019 us-gaap Defined Benefit Plan Business Combinations And Acquisitions Benefit Obligation
DefinedBenefitPlanBusinessCombinationsAndAcquisitionsBenefitObligation
500000 USD
CY2020 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
328500000 USD
CY2019 us-gaap Defined Benefit Plan Settlements Benefit Obligation
DefinedBenefitPlanSettlementsBenefitObligation
0 USD
CY2020 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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-9000000.0 USD
CY2019 us-gaap Defined Benefit Plan Foreign Currency Exchange Rate Changes Benefit Obligation
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1600000 USD
CY2020Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
242800000 USD
CY2019Q4 us-gaap Defined Benefit Plan Benefit Obligation
DefinedBenefitPlanBenefitObligation
525400000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
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321800000 USD
CY2018Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
281300000 USD
CY2020 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
20000000.0 USD
CY2019 us-gaap Defined Benefit Plan Actual Return On Plan Assets
DefinedBenefitPlanActualReturnOnPlanAssets
58100000 USD
CY2020 us-gaap Defined Benefit Plan Contributions By Employer
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18000000.0 USD
CY2019 us-gaap Defined Benefit Plan Contributions By Employer
DefinedBenefitPlanContributionsByEmployer
22900000 USD
CY2020 itt Defined Benefit Plan Benefits And Expenses Paid
DefinedBenefitPlanBenefitsAndExpensesPaid
30800000 USD
CY2019 itt Defined Benefit Plan Benefits And Expenses Paid
DefinedBenefitPlanBenefitsAndExpensesPaid
40500000 USD
CY2020 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
328500000 USD
CY2019 us-gaap Defined Benefit Plan Settlements Plan Assets
DefinedBenefitPlanSettlementsPlanAssets
0 USD
CY2020Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
500000 USD
CY2019Q4 us-gaap Defined Benefit Plan Fair Value Of Plan Assets
DefinedBenefitPlanFairValueOfPlanAssets
321800000 USD
CY2020Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
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CY2019Q4 us-gaap Defined Benefit Plan Funded Status Of Plan
DefinedBenefitPlanFundedStatusOfPlan
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CY2020Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
121600000 USD
CY2019Q4 us-gaap Defined Benefit Plan Accumulated Benefit Obligation
DefinedBenefitPlanAccumulatedBenefitObligation
406300000 USD
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CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Projected Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateProjectedBenefitObligation
124200000 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
CY2020Q4 us-gaap Defined Benefit Plan Pension Plans With Accumulated Benefit Obligations In Excess Of Plan Assets Aggregate Accumulated Benefit Obligation
DefinedBenefitPlanPensionPlansWithAccumulatedBenefitObligationsInExcessOfPlanAssetsAggregateAccumulatedBenefitObligation
121300000 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
CY2020Q4 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
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
CY2020Q4 us-gaap Defined Benefit Plan Ultimate Health Care Cost Trend Rate1
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0.045
CY2018 itt Sharebasedcompensationcostsliabilitybasedawards
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1500000 USD
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14200000 USD
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Number Of Shares Available For Grant
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37200000 shares
CY2020 us-gaap Allocated Share Based Compensation Expense
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13400000 USD
CY2019 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
15700000 USD
CY2018 us-gaap Allocated Share Based Compensation Expense
AllocatedShareBasedCompensationExpense
21600000 USD
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Sharebasedcompensationcostsliabilitybasedawards
800000 USD
CY2019 itt Sharebasedcompensationcostsliabilitybasedawards
Sharebasedcompensationcostsliabilitybasedawards
2800000 USD
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18500000 USD
CY2018 itt Sharebasedcompensationcosts Total
SharebasedcompensationcostsTotal
23100000 USD
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Award Vesting Period1
ShareBasedCompensationArrangementByShareBasedPaymentAwardAwardVestingPeriod1
P3Y
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Expiration Period
SharebasedCompensationArrangementBySharebasedPaymentAwardExpirationPeriod
P10Y
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ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
300000 shares
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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
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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
CY2020 us-gaap Stock Issued During Period Shares Stock Options Exercised
StockIssuedDuringPeriodSharesStockOptionsExercised
100000 shares
CY2020 us-gaap Share Based Compensation Arrangements By Share Based Payment Award Options Exercises In Period Weighted Average Exercise Price
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35.37
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
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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
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30.52
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
200000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingWeightedAverageExercisePrice
32.22
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
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableNumber
200000 shares
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercisable Weighted Average Exercise Price
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisableWeightedAverageExercisePrice
32.22
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
CY2020 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Exercises In Period Total Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsExercisesInPeriodTotalIntrinsicValue
4100000 USD
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
CY2020 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
4300000 USD
CY2019 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
14900000 USD
CY2018 us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
5800000 USD
CY2020 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
4100000 USD
CY2019 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
6500000 USD
CY2018 us-gaap Employee Service Share Based Compensation Tax Benefit From Exercise Of Stock Options
EmployeeServiceShareBasedCompensationTaxBenefitFromExerciseOfStockOptions
3000000.0 USD
CY2020 us-gaap Excess Tax Benefit From Share Based Compensation Operating Activities
ExcessTaxBenefitFromShareBasedCompensationOperatingActivities
3000000.0 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
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Number
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingNumber
200000 shares
CY2020 us-gaap Sharebased Compensation Arrangement By Sharebased Payment Award Options Outstanding Weighted Average Remaining Contractual Term2
SharebasedCompensationArrangementBySharebasedPaymentAwardOptionsOutstandingWeightedAverageRemainingContractualTerm2
P3Y2M12D
CY2020Q4 us-gaap Share Based Compensation Arrangement By Share Based Payment Award Options Outstanding Intrinsic Value
ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsOutstandingIntrinsicValue
7400000 USD
CY2020Q4 us-gaap Share Price
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77.02
CY2020Q1 us-gaap Share Price
SharePrice
61.17
CY2020Q4 itt Aggregate Capital Stock Authorized
AggregateCapitalStockAuthorized
300000000 shares
CY2020Q4 us-gaap Common Stock Shares Authorized
CommonStockSharesAuthorized
250000000 shares
CY2020Q4 us-gaap Common Stock Par Or Stated Value Per Share
CommonStockParOrStatedValuePerShare
1
CY2020Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
50000000 shares
CY2020Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
0 shares
CY2020 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.676
CY2019 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.588
CY2018 us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.536
CY2006Q4 us-gaap Stock Repurchase Program Authorized Amount1
StockRepurchaseProgramAuthorizedAmount1
1000000000 USD
CY2020 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1700000 shares
CY2019 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
500000 shares
CY2018 us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
1000000.0 shares
us-gaap Stock Repurchased During Period Shares
StockRepurchasedDuringPeriodShares
24500000 shares
us-gaap Stock Repurchased During Period Value
StockRepurchasedDuringPeriodValue
1011000000.0 USD
CY2019 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-9800000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
133300000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
137600000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-210600000 USD
CY2017Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-348200000 USD
CY2018 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-6000000.0 USD
CY2018 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
-33300000 USD
CY2018 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
-27300000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
131600000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-243900000 USD
CY2018Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-375500000 USD
CY2019 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
1700000 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-252000000.0 USD
CY2019Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-385300000 USD
CY2020 us-gaap Other Comprehensive Income Loss Pension And Other Postretirement Benefit Plans Adjustment Net Of Tax
OtherComprehensiveIncomeLossPensionAndOtherPostretirementBenefitPlansAdjustmentNetOfTax
-77400000 USD
CY2020 us-gaap Other Comprehensive Income Loss Foreign Currency Transaction And Translation Adjustment Net Of Tax
OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax
28500000 USD
CY2020 us-gaap Other Comprehensive Income Loss Net Of Tax
OtherComprehensiveIncomeLossNetOfTax
105900000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Defined Benefit Pension And Other Postretirement Plans Net Of Tax
AccumulatedOtherComprehensiveIncomeLossDefinedBenefitPensionAndOtherPostretirementPlansNetOfTax
55900000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Foreign Currency Translation Adjustment Net Of Tax
AccumulatedOtherComprehensiveIncomeLossForeignCurrencyTranslationAdjustmentNetOfTax
-223500000 USD
CY2020Q4 us-gaap Accumulated Other Comprehensive Income Loss Net Of Tax
AccumulatedOtherComprehensiveIncomeLossNetOfTax
-279400000 USD
CY2019 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
1200000 USD
CY2020Q4 itt Asbestos Related Liability Current
AsbestosRelatedLiabilityCurrent
91400000 USD
CY2020Q4 itt Asbestos Related Current Assets
AsbestosRelatedCurrentAssets
91000000.0 USD
CY2019Q4 itt Asbestos Related Liability Current
AsbestosRelatedLiabilityCurrent
86000000.0 USD
CY2019Q4 itt Asbestos Related Current Assets
AsbestosRelatedCurrentAssets
67200000 USD
CY2020Q4 us-gaap Loss Contingency Accrual Carrying Value Noncurrent
LossContingencyAccrualCarryingValueNoncurrent
840600000 USD
CY2020Q4 itt Asbestos Related Assets
AsbestosRelatedAssets
353700000 USD
CY2019Q4 itt Asbestos Related Assets
AsbestosRelatedAssets
319600000 USD
CY2020Q4 us-gaap Recorded Third Party Environmental Recoveries Amount
RecordedThirdPartyEnvironmentalRecoveriesAmount
18600000 USD
CY2020Q4 itt Guarantees Letters Of Credit And Similar Arrangements Outstanding
GuaranteesLettersOfCreditAndSimilarArrangementsOutstanding
150500000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
20500000 USD
CY2018Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
17300000 USD
CY2020 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
12300000 USD
CY2019 us-gaap Product Warranty Accrual Warranties Issued
ProductWarrantyAccrualWarrantiesIssued
10500000 USD
CY2020 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
8200000 USD
CY2019 us-gaap Product Warranty Accrual Payments
ProductWarrantyAccrualPayments
8500000 USD
CY2020 us-gaap Standard And Extended Product Warranty Accrual Foreign Currency Translation Gain Loss
StandardAndExtendedProductWarrantyAccrualForeignCurrencyTranslationGainLoss
800000 USD
CY2020Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
25400000 USD
CY2019Q4 us-gaap Product Warranty Accrual
ProductWarrantyAccrual
20500000 USD

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