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COMMITMENTS AND CONTINGENCIES Asbestos Matters Textuals (Details) Claim in Thousands, $ in Millions | 3 Months Ended | 9 Months Ended |  |
--- | --- | --- | --- | ---
Sep. 30, 2018 USD ($) Claim | Sep. 30, 2017 USD ($) | Sep. 30, 2018 USD ($) Claim | Sep. 30, 2017 USD ($) | Dec. 31, 2017 USD ($) Claim | Dec. 31, 2016 USD ($)
Asbestos Related Contingencies [Line Items] |  |  |  |  |  |
Asbestos Liability Measurement Periods for Claims Pending and Estimated to be Filed |  |  | 10 years |  |  |
Asbestos Related Costs, Provision to Maintain 10-Year Forecast Period | $ 13.4 | $ 13.6 | $ 39.3 | $ 43.4 |  |
Gain From Asbestos Insurance Settlement Agreement | 24.9 | 0.0 | 57.0 | 0.0 |  |
Asbestos Liability And Related Assets Net Current And Noncurrent | 455.7 | 501.2 | 455.7 | 501.2 | $ 508.5 | $ 573.7
Asbestos Related (Benefit) Costs, Annual Remeasurement | $ 7.2 | (76.4) | $ 7.2 | (76.4) |  |
Asbestos Issue [Member] |  |  |  |  |  |
Asbestos Related Contingencies [Line Items] |  |  |  |  |  |
Pending Asbestos Claims | Claim | 25 |  | 25 |  | 26 |
Liability [Member] |  |  |  |  |  |
Asbestos Related Contingencies [Line Items] |  |  |  |  |  |
Asbestos Related Costs, Provision to Maintain 10-Year Forecast Period |  |  | $ 48.5 | 51.1 |  |
Gain From Asbestos Insurance Settlement Agreement |  |  | 0.0 | 0.0 |  |
Asbestos Liability And Related Assets Net Current And Noncurrent | $ 845.1 | 875.5 | 845.1 | 875.5 | $ 877.2 | 954.3
Asbestos Related (Benefit) Costs, Annual Remeasurement | (8.6) |  | (8.6) | (66.4) |  |
Assets [Member] |  |  |  |  |  |
Asbestos Related Contingencies [Line Items] |  |  |  |  |  |
Asbestos Related Costs, Provision to Maintain 10-Year Forecast Period |  |  | (9.2) | (7.7) |  |
Gain From Asbestos Insurance Settlement Agreement |  |  | 57.0 | 0.0 |  |
Asbestos Liability And Related Assets Net Current And Noncurrent | (389.4) | $ (374.3) | (389.4) | (374.3) | $ (368.7) | $ (380.6)
Asbestos Related (Benefit) Costs, Annual Remeasurement | $ 15.8 |  | $ 15.8 | $ (10.0) |  |

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- Definition Asbestos Liability and Related Assets Net Current and Noncurrent + References No definition available. + Details
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- Definition Asbestos Liability Measurement Periods for Claims Pending and Estimated to be Filed + References No definition available. + Details
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- Definition Asbestos Related Contingencies [Line Items] + References No definition available. + Details
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- Definition In the third quarter of each year, we conduct our asbestos remeasurement to review and update the underlying assumptions used in our asbestos liability and related asset estimates and to determine the cost the Company estimates will be incurred to resolve all pending claims, as well as unasserted claims estimated to be filed over the next 10 years. In each remeasurement, the underlying assumptions are updated based on actual experience since the previous annual remeasurement and we reassess the appropriate reference period of years of experience used in determining each assumption and our expectations regarding future conditions, including inflation. + References No definition available. + Details
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- Definition In addition to the charges associated with our annual measurement, we record a net asbestos charge each quarter to maintain a rolling 10-year forecast period. + References No definition available. + Details
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- Definition During 2013, ITT executed a final settlement agreement (the 2013 Settlement) with an insurer to settle responsibility for multiple categories of insured claims, including pending and future product liability claims. Under the terms of the 2013 Settlement, the insurer agreed to a specified series of payments over the course of the next five years, resulting in a one-time benefit of $31.0. + References No definition available. + Details
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- Definition Number of pending claims pertaining to a loss contingency. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 450 -SubTopic 20 -Section 50 -Paragraph 4 -Subparagraph (a) -URI http://asc.fasb.org/extlink&oid=82911808&loc=d3e14435-108349 + Details
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