XML 91 R79.htm IDEA: XBRL DOCUMENT
v3.21.2

DEBT Short-term Loans (Details) - USD ($) $ in Millions |  |  | 6 Months Ended |
--- | --- | --- | --- | ---
Aug. 05, 2021 | Apr. 29, 2020 | Jul. 03, 2021 | Dec. 31, 2020
Line of Credit Facility [Line Items] |  |  |  |
Short-term Debt |  |  | $ 0.0 | $ 0.0
Revolving Credit Facility [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Line of Credit Facility, Aggregate Borrowing Capacity |  |  | 500.0 |
Line of Credit Facility, Letters of Credit Face Amount Maximum |  |  | 100.0 |
Line of Credit Facility, Commitment Reduction Minimum Amount |  |  | 10.0 |
Line of Credit Facility, Incremental Borrowing Capacity Maximum |  |  | 200.0 |
Line of Credit Facility, Maximum Borrowing Capacity |  |  | $ 700.0 |
Line of Credit Facility, Interest Margin Above LIBOR |  |  | 1.10% |
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |  |  | 0.15% |
Incremental Revolving Credit Agreement [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Line of Credit Facility, Maximum Borrowing Capacity |  | $ 200.0 |  |
Line of Credit Facility, Interest Margin Above LIBOR |  | 1.55% |  |
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage |  | 0.35% |  |
2021 Revolving Credit Facility Member | Subsequent Event [Member] |  |  |  |
Line of Credit Facility [Line Items] |  |  |  |
Line of Credit Facility, Aggregate Borrowing Capacity | $ 700.0 |  |  |
Line of Credit Facility, Incremental Borrowing Capacity Maximum | 350.0 |  |  |
Line of Credit Facility, Maximum Borrowing Capacity | $ 1,050.0 |  |  |
Line of Credit Facility, Interest Margin Above LIBOR | 1.10% |  |  |
Line of Credit Facility, Unused Capacity, Commitment Fee Percentage | 0.15% |  |  |

X
- Definition Line of Credit Facility, Aggregate Borrowing Capacity + References No definition available. + Details
Name: | itt_LineofCreditFacilityAggregateBorrowingCapacity
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line of Credit Facility, Commitment Reduction Minimum Amount + References No definition available. + Details
Name: | itt_LineofCreditFacilityCommitmentReductionMinimumAmount
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line of Credit Facility, Incremental Borrowing Capacity Maximum + References No definition available. + Details
Name: | itt_LineofCreditFacilityIncrementalBorrowingCapacityMaximum
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line of Credit Facility, Interest Margin Above LIBOR + References No definition available. + Details
Name: | itt_LineofCreditFacilityInterestMarginAboveLIBOR
Namespace Prefix: | itt_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | instant

X
- Definition Line of Credit Facility, Letters of Credit Face Amount Maximum + References No definition available. + Details
Name: | itt_LineofCreditFacilityLettersofCreditFaceAmountMaximum
Namespace Prefix: | itt_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityLineItems
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Maximum borrowing capacity under the credit facility without consideration of any current restrictions on the amount that could be borrowed or the amounts currently outstanding under the facility. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02.19(b),22(b)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 + Details
Name: | us-gaap_LineOfCreditFacilityMaximumBorrowingCapacity
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Definition The fee, expressed as a percentage of the line of credit facility, for available but unused credit capacity under the credit facility. + References No definition available. + Details
Name: | us-gaap_LineOfCreditFacilityUnusedCapacityCommitmentFeePercentage
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:percentItemType
Balance Type: | na
Period Type: | duration

X
- Definition Reflects the total carrying amount as of the balance sheet date of debt having initial terms less than one year or the normal operating cycle, if longer. + References Reference 1: http://www.xbrl.org/2003/role/exampleRef -Publisher FASB -Name Accounting Standards Codification -Topic 852 -SubTopic 10 -Section 55 -Paragraph 10 -URI http://asc.fasb.org/extlink&oid=84165509&loc=d3e56426-112766 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 210 -SubTopic 10 -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(19)(a)) -URI http://asc.fasb.org/extlink&oid=120391452&loc=d3e13212-122682 Reference 3: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 944 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.7-03(a)(16)(a)(1)) -URI http://asc.fasb.org/extlink&oid=120400017&loc=d3e572229-122910 Reference 4: http://fasb.org/us-gaap/role/ref/legacyRef -Publisher FASB -Name Accounting Standards Codification -Topic 942 -SubTopic 210 -Section S99 -Paragraph 1 -Subparagraph (SX 210.9-03(13)) -URI http://asc.fasb.org/extlink&oid=120398452&loc=d3e534808-122878 + Details
Name: | us-gaap_ShortTermBorrowings
Namespace Prefix: | us-gaap_
Data Type: | xbrli:monetaryItemType
Balance Type: | credit
Period Type: | instant

X
- Details
Name: | us-gaap_CreditFacilityAxis=us-gaap_RevolvingCreditFacilityMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=itt_IncrementalRevolvingCreditAgreementMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_CreditFacilityAxis=itt_A2021RevolvingCreditFacilityMemberMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |

X
- Details
Name: | us-gaap_SubsequentEventTypeAxis=us-gaap_SubsequentEventMember
Namespace Prefix: |
Data Type: | na
Balance Type: |
Period Type: |