XML 15 R70.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Commitments and Contingencies - Additional Information (Detail) (USD $) In Millions, unless otherwise specified | 3 Months Ended | 9 Months Ended | 12 Months Ended |  | 3 Months Ended |  |  |  |
--- | --- | --- | --- | --- | --- | --- | --- | --- | ---
Sep. 30, 2012 Claim | Sep. 30, 2012 Claim | Dec. 31, 2009 | Dec. 31, 2011 | Sep. 30, 2012 Continuing Operations [Member] | Sep. 30, 2012 Discontinued Operations [Member] | Sep. 30, 2012 Asbestos Issue [Member] Claim | Dec. 31, 2011 Asbestos Issue [Member] Claim | Sep. 30, 2011 Asbestos Issue [Member] Claim | Dec. 31, 2010 Asbestos Issue [Member] Claim
Number of claims open | 29,000 | 29,000 |  |  |  |  | 96,000 | 105,000 | 105,000 | 104,000
Recorded asbestos liability related to pending claims | 36.00% | 36.00% |  |  |  |  |  |  |  |
Estimated Receivables due from domestic insurers | 89.00% | 89.00% |  |  |  |  |  |  |  |
Aggregate settlement coverage agreement for asbestos related assets | 58.00% | 58.00% |  |  |  |  |  |  |  |
Decrease in estimated undiscounted asbestos related assets | $ 78.7 |  |  |  |  |  |  |  |  |
Number of forecast periods to be maintained by each quarter |  | 10 years |  |  |  |  |  |  |  |
Distribution from insolvent insurers |  | 8.3 |  |  |  |  |  |  |  |
Reduction to the net asbestos charge | 5.8 |  |  |  |  |  |  |  |  |
Reduce in asbestos related asset | 2.5 |  |  |  |  |  |  |  |  |
Tenure to be used to file undiscounted Asbestos liability including legal fees and claims |  | Next 10 Years |  |  |  |  |  |  |  |
Estimated asbestos exposure, net of expected recoveries from insurers and other responsible parties | 715.7 | 715.7 |  | 713.7 |  |  |  |  |  |
Asset related to a business disposed | 233.8 | 233.8 |  |  |  |  |  |  |  |
Liability related to a business disposed | 245.2 | 245.2 |  |  |  |  |  |  |  |
Proceeds from Disposed Business |  | 10.0 |  |  |  |  |  |  |  |
Reduction net asbestos liability included in discontinued operations |  | 5.6 |  |  |  |  |  |  |  |
Estimated Percentage of Recovered asbestos Costs |  | 47.00% |  |  |  |  |  |  |  |
Percentage of Insurance Coverage Recoveries |  | 24.00% |  |  |  |  |  |  |  |
Total asset related to insurance policy | 8.2 | 8.2 |  |  |  |  |  |  |  |
Insurance policy asset from continuing operations | 6.7 |  |  |  |  |  |  |  |  |
Insurance policy asset from discontinued operations | 1.5 |  |  |  |  |  |  |  |  |
Adjustment within Income From Continuing Operations | 0.3 |  |  |  | 0.2 | 0.1 |  |  |  |
Face value of bond issued |  |  | $ 500 |  |  |  |  |  |  |
Interest rate on senior notes |  |  | 6.125% |  |  |  |  |  |  |

X
- Definition Aggregate settlement coverage agreement for asbestos related assets + References No definition available. + Details
Name: | itt_AggregateSettlementCoverageAgreementForAsbestosRelatedAssets
Namespace Prefix: | itt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Asset related to insurance policy. + References No definition available. + Details
Name: | itt_AssetRelatedToInsurancePolicy
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Asset related to insurance policy of continuing operations. + References No definition available. + Details
Name: | itt_AssetRelatedToInsurancePolicyOfContinuingOperations
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Asset related to insurance policy of discontinuing operations. + References No definition available. + Details
Name: | itt_AssetRelatedToInsurancePolicyOfDiscontinuingOperations
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Decrease In Estimated Undiscounted Asbestos Related Assets + References No definition available. + Details
Name: | itt_DecreaseInEstimatedUndiscountedAsbestosRelatedAssets
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Estimated asbestos exposure, net of expected recoveries from insurers and other responsible parties. + References No definition available. + Details
Name: | itt_EstimatedAsbestosExposureNetOfExpectedRecoveriesFromInsurersAndOtherResponsibleParties
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Estimated Percentage of Recovered Asbestos Costs. + References No definition available. + Details
Name: | itt_EstimatedPercentageOfRecoveredAsbestosCosts
Namespace Prefix: | itt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Face value of bond issued. + References No definition available. + Details
Name: | itt_FaceValueOfBondIssued
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Number of forecast periods to be maintained by each quarter. + References No definition available. + Details
Name: | itt_NumberOfForecastPeriodsToBeMaintainedByEachQuarter
Namespace Prefix: | itt_
Data Type: | xbrli:durationItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage Of Asbestos Liability Attributable To Settlement And Denfese Costs For Future Claims + References No definition available. + Details
Name: | itt_PercentageOfAsbestosLiabilityAttributableToSettlementAndDenfeseCostsForFutureClaims
Namespace Prefix: | itt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Percentage Of Insurance Coverage Recoveries + References No definition available. + Details
Name: | itt_PercentageOfInsuranceCoverageRecoveries
Namespace Prefix: | itt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Percentage Of Receivables Due from Domestic Insurers + References No definition available. + Details
Name: | itt_PercentageOfReceivablesDueFromDomesticInsurers
Namespace Prefix: | itt_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Proceed from distribution from insolvent insurers. + References No definition available. + Details
Name: | itt_ProceedFromDistributionFromInsolventInsurers
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Proceeds From Disposal Of Assets In Discontinued Operations + References No definition available. + Details
Name: | itt_ProceedsFromDisposalOfAssetsInDiscontinuedOperations
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reduction in asbestos related asset. + References No definition available. + Details
Name: | itt_ReductionInAsbestosRelatedAsset
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Reduction In Environmental Insurance Related Asset + References No definition available. + Details
Name: | itt_ReductionInEnvironmentalInsuranceRelatedAsset
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reduction In Net Asbestos Liability Included In Discontinued Operation + References No definition available. + Details
Name: | itt_ReductionInNetAsbestosLiabilityIncludedInDiscontinuedOperation
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | duration

X
- Definition Reduction to the net asbestos charge. + References No definition available. + Details
Name: | itt_ReductionToNetAsbestosCharge
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | duration

X
- Definition Tenure to be used to file undiscounted asbestos liability including legal fees and claims. + References No definition available. + Details
Name: | itt_TenureToBeUsedToFileUndiscountedAsbestosLiabilityIncludingLegalFeesAndClaims
Namespace Prefix: | itt_
Data Type: | us-types:durationStringItemType
Balance Type: | na
Period Type: | duration

X
- Definition The aggregate value (measured at the lower of net carrying value or fair value less cost of disposal) for assets of a disposal group, including a component of the entity (discontinued operation), to be sold or that has been disposed of through sale, as of the financial statement date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1107-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_AssetsOfDisposalGroupIncludingDiscontinuedOperation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | debit
Period Type: | instant

X
- Definition Interest rate stated in the contractual debt agreement. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher SEC -Name Regulation S-X (SX) -Number 210 -Section 02 -Paragraph 22 -Article 5 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.22(a)(1)) -URI http://asc.fasb.org/extlink&oid=6877327&loc=d3e13212-122682 + Details
Name: | us-gaap_DebtInstrumentInterestRateStatedPercentage
Namespace Prefix: | us-gaap_
Data Type: | num:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition The obligations arising from the sale, disposal, or planned sale in the near future (generally within one year) of a disposal group, including a component of the entity (discontinued operation). + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 45 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=6892542&loc=d3e1107-107759 Reference 2: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 144 -Paragraph 46 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. Reference 3: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Accounting Standards Codification -Topic 205 -SubTopic 20 -Section 50 -Paragraph 2 -URI http://asc.fasb.org/extlink&oid=6360339&loc=d3e1436-107760 + Details
Name: | us-gaap_LiabilitiesOfDisposalGroupIncludingDiscontinuedOperation
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The total amount of pending claims pertaining to a loss contingency accrual as of the balance sheet date. + References Reference 1: http://www.xbrl.org/2003/role/presentationRef -Publisher FASB -Name Statement of Financial Accounting Standard (FAS) -Number 5 -Paragraph 9, 10, 11, 12 -LegacyDoc This reference is SUPERSEDED by the Accounting Standards Codification effective for interim and annual periods ending after September 15, 2009. This reference is included to help users transition from the previous accounting hierarchy and will be removed from future versions of this taxonomy. + Details
Name: | us-gaap_LossContingencyPendingClaimsNumber
Namespace Prefix: | us-gaap_
Data Type: | xbrli:integerItemType
Balance Type: | na
Period Type: | instant