XML 46 R28.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Company Transformation (Tables) | 3 Months Ended
--- | ---
Mar. 31, 2012
Company Transformation [Abstract] |
Components of Transformation Costs |
|  | 2012 |  |  | 2011 |
|  | Continuing Operations |  |  | Discontinued Operations |  |  | Total |  |  | Continuing Operations |  |  | Discontinued Operations |  |  | Total |
Non-cash asset impairment(a) |  | $ | — |  |  | $ | — |  |  | $ | — |  |  | $ | 55 |  |  | $ | — |  |  | $ | 55 |
Advisory fees |  |  | 1 |  |  |  | 6 |  |  |  | 7 |  |  |  | — |  |  |  | 22 |  |  |  | 22 |
Lease termination and other real estate costs |  |  | — |  |  |  | — |  |  |  | — |  |  |  | 3 |  |  |  | — |  |  |  | 3 |
Other costs |  |  | 4 |  |  |  | 1 |  |  |  | 5 |  |  |  | 2 |  |  |  | 3 |  |  |  | 5 |
Transformation costs before income tax benefit |  |  | 5 |  |  |  | 7 |  |  |  | 12 |  |  |  | 60 |  |  |  | 25 |  |  |  | 85 |
Tax benefit |  |  | (1 | ) |  |  | (1 | ) |  |  | (2 | ) |  |  | (20 | ) |  |  | (2 | ) |  |  | (22 | )
Total transformation costs, net of tax benefit |  | $ | 4 |  |  | $ | 6 |  |  | $ | 10 |  |  | $ | 40 |  |  | $ | 23 |  |  | $ | 63 |
(a) | Reflects a $55 non-cash impairment charge related to a decision to discontinue development of an information technology consolidation initiative.
Roll Forward of Transformational Accrual | The table included below provides a rollforward of accrued Transformation costs for the quarter ended March 31, 2012.
Transformation accrual – December 31, 2011 |  | $ | 34 |
Charges for actions during the period: |  |  |  |
Continuing operations |  |  | 5 |
Discontinued operations |  |  | 7 |
Cash payments |  |  | (30 | )
Transformation accrual – March 31, 2012 |  | $ | 16 |

X
- Details
Name: | itt_CompanyTransformationAbstract
Namespace Prefix: | itt_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Components of transformation costs. + References No definition available. + Details
Name: | itt_ComponentsOfTransformationCostsTableTextBlock
Namespace Prefix: | itt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Roll forward of transformational accrual. + References No definition available. + Details
Name: | itt_RollForwardOfTransformationalAccrualTableTextBlock
Namespace Prefix: | itt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration