XML 131 R49.htm IDEA: XBRL DOCUMENT
v2.4.0.6

Segment Information (Tables) | 12 Months Ended
--- | ---
Dec. 31, 2012
Schedule of Segment Reporting Information by Segment Revenue |
|  | Revenue |  |  | Operating Income (Loss) |  |  | Operating Margin |
|  | 2012 |  |  | 2011 |  |  | 2010 |  |  | 2012 |  |  | 2011 |  |  | 2010 |  |  | 2012 |  |  | 2011 |  |  | 2010 |
Industrial Process |  | $ | 955.8 |  |  | $ | 766.7 |  |  | $ | 693.7 |  |  | $ | 99.3 |  |  | $ | 91.5 |  |  | $ | 79.1 |  |  |  | 10.4 | % |  |  | 11.9 | % |  |  | 11.4 | %
Motion Technologies |  |  | 626.2 |  |  |  | 634.4 |  |  |  | 547.7 |  |  |  | 83.1 |  |  |  | 85.3 |  |  |  | 84.6 |  |  |  | 13.3 | % |  |  | 13.4 | % |  |  | 15.4 | %
Interconnect Solutions |  |  | 375.7 |  |  |  | 417.8 |  |  |  | 412.9 |  |  |  | 6.9 |  |  |  | 37.8 |  |  |  | 37.3 |  |  |  | 1.8 | % |  |  | 9.0 | % |  |  | 9.0 | %
Control Technologies |  |  | 277.1 |  |  |  | 285.5 |  |  |  | 259.4 |  |  |  | 58.3 |  |  |  | 55.2 |  |  |  | 31.7 |  |  |  | 21.0 | % |  |  | 19.3 | % |  |  | 12.2 | %
Total segment results |  |  | 2,234.8 |  |  |  | 2,104.4 |  |  |  | 1,913.7 |  |  |  | 247.6 |  |  |  | 269.8 |  |  |  | 232.7 |  |  |  | 11.1 | % |  |  | 12.8 | % |  |  | 12.2 | %
Asbestos-related costs, net |  |  | – |  |  |  | – |  |  |  | – |  |  |  | (50.9 | ) |  |  | (100.4 | ) |  |  | (384.8 | ) |  |  | – |  |  |  | – |  |  |  | – |
Transformation costs |  |  | – |  |  |  | – |  |  |  | – |  |  |  | (8.7 | ) |  |  | (391.2 | ) |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Eliminations / Other corporate costs |  |  | (7.0 | ) |  |  | (18. 8 | ) |  |  | (23.0 | ) |  |  | (36.5 | ) |  |  | (23.1 | ) |  |  | (28.5 | ) |  |  | – |  |  |  | – |  |  |  | – |
Total Eliminations / Corporate and Other costs |  |  | (7.0 | ) |  |  | (18.8 | ) |  |  | (23.0 | ) |  |  | (96.1 | ) |  |  | (514.7 | ) |  |  | (413.3 | ) |  |  | – |  |  |  | – |  |  |  | – |
Total |  | $ | 2,227.8 |  |  | $ | 2,085.6 |  |  | $ | 1,890.7 |  |  | $ | 151.5 |  |  | $ | (244.9 | ) |  | $ | (180.6 | ) |  |  | 6.8 | % |  |  | (11.7 | )% |  |  | (9.6 | )%
Schedule of Segment Reporting Information by Segment Assets |
|  | Total Assets |  |  | Capital Expenditures |  |  | Depreciation and Amortization |
|  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |  |  | 2010 |  |  | 2012 |  |  | 2011 |  |  | 2010 |
Industrial Process |  | $ | 1,044.8 |  |  | $ | 633.8 |  |  | $ | 35.0 |  |  | $ | 25.3 |  |  | $ | 18.9 |  |  | $ | 17.3 |  |  | $ | 13.0 |  |  | $ | 10.8 |
Motion Technologies |  |  | 461.6 |  |  |  | 430.7 |  |  |  | 27.1 |  |  |  | 33.3 |  |  |  | 28.0 |  |  |  | 27.8 |  |  |  | 27.3 |  |  |  | 25.5 |
Interconnect Solutions |  |  | 362.6 |  |  |  | 342.7 |  |  |  | 11.2 |  |  |  | 16.6 |  |  |  | 16.3 |  |  |  | 10.0 |  |  |  | 9.7 |  |  |  | 8.9 |
Control Technologies |  |  | 361.9 |  |  |  | 375.1 |  |  |  | 6.1 |  |  |  | 5.3 |  |  |  | 3.4 |  |  |  | 9.3 |  |  |  | 10.3 |  |  |  | 10.7 |
Corporate and Other |  |  | 1,155.2 |  |  |  | 1,840.1 |  |  |  | 4.4 |  |  |  | 21.8 |  |  |  | 59.7 |  |  |  | 6.7 |  |  |  | 11.0 |  |  |  | 8.3 |
Discontinued operations |  |  | – |  |  |  | 49.1 |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |
Total |  | $ | 3,386.1 |  |  | $ | 3,671.5 |  |  | $ | 83.8 |  |  | $ | 102.3 |  |  | $ | 126.3 |  |  | $ | 71.1 |  |  | $ | 71.3 |  |  | $ | 64.2 |
Business Segment Information by Geographical Information |
Revenue(a) |  |  | Total Assets(b) |  |  | Plant, Property & Equipment, Net |
Geographic Information |  | 2012 |  |  | 2011 |  |  | 2010 |  |  | 2012 |  |  | 2011 |  |  | 2012 |  |  | 2011 |
United States |  | $ | 869.3 |  |  | $ | 779.6 |  |  | $ | 736.1 |  |  | $ | 1,791.2 |  |  | $ | 2,288.6 |  |  | $ | 127.3 |  |  | $ | 120.6 |
Other developed markets(a)(b) |  |  | 719.8 |  |  |  | 717.6 |  |  |  | 657.8 |  |  |  | 1,146.2 |  |  |  | 935.0 |  |  |  | 150.1 |  |  |  | 120.8 |
Emerging growth markets |  |  | 638.7 |  |  |  | 588.4 |  |  |  | 496.8 |  |  |  | 448.7 |  |  |  | 408.8 |  |  |  | 95.7 |  |  |  | 80.0 |
Discontinued operations |  |  | – |  |  |  | – |  |  |  | – |  |  |  | – |  |  |  | 39.1 |  |  |  | – |  |  |  | – |
Total |  | $ | 2,227.8 |  |  | $ | 2,085.6 |  |  | $ | 1,890.7 |  |  | $ | 3,386.1 |  |  | $ | 3,671.5 |  |  | $ | 373.1 |  |  | $ | 321.4 |
(a) | Revenue to external customers is attributed to individual regions based upon the destination of product or service delivery. Germany represented 9.0%, 11.0% and 10.8% of total revenues for the years ended December 31, 2012, 2011 and 2010, respectively.
(b) | Luxembourg represented 10.0% and 12.6% of total assets, excluding assets of discontinued operations, at December 31, 2012 and 2011, respectively.
Revenue by Product Category, Net of Intercompany Balances | The following table provides revenue by product category, net of intercompany balances.
|  | 2012 |  |  | 2011 |  |  | 2010 |
Pumps and complementary products |  | $ | 879.0 |  |  | $ | 692.3 |  |  | $ | 634.6 |
Pump support and maintenance services |  |  | 76.8 |  |  |  | 66.7 |  |  |  | 50.5 |
Friction products |  |  | 517.6 |  |  |  | 524.1 |  |  |  | 446.4 |
Shock absorber equipment |  |  | 107.0 |  |  |  | 110.3 |  |  |  | 101.2 |
Connectors equipment |  |  | 375.4 |  |  |  | 412.7 |  |  |  | 405.2 |
CT Aerospace products |  |  | 185.4 |  |  |  | 192.2 |  |  |  | 163.5 |
CT Industrial products |  |  | 86.6 |  |  |  | 87.3 |  |  |  | 89.3 |
Total |  | $ | 2,227.8 |  |  | $ | 2,085.6 |  |  | $ | 1,890.7 |

X
- Definition Business segment information by geographical information. + References No definition available. + Details
Name: | itt_BusinessSegmentInformationByGeographicalInformationTableTextBlock
Namespace Prefix: | itt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Revenue by product category, net of intercompany balances. + References No definition available. + Details
Name: | itt_RevenueByProductCategoryNetOfIntercompanyBalancesTableTextBlock
Namespace Prefix: | itt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of segment reporting information by segment assets. + References No definition available. + Details
Name: | itt_ScheduleOfSegmentReportingInformationBySegmentAssetsTableTextBlock
Namespace Prefix: | itt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- Definition Schedule of segment reporting information by segment revenue. + References No definition available. + Details
Name: | itt_ScheduleOfSegmentReportingInformationBySegmentRevenueTableTextBlock
Namespace Prefix: | itt_
Data Type: | nonnum:textBlockItemType
Balance Type: | na
Period Type: | duration