XML 50 R38.htm IDEA: XBRL DOCUMENT
v3.24.2.u1

RECEIVABLES, NET (Tables) | 6 Months Ended
--- | ---
Jun. 29, 2024
Receivables [Abstract] |
Receivables, Net by Type Table | The following table summarizes our receivables and associated allowance for credit losses.
As of the Period Ended | June 29, 2024 |  | December 31, 2023
Trade accounts receivable | $ | 679.2 |  |  | $ | 641.3 |
Notes receivable | 21.2 |  |  | 25.5 |
Other | 20.0 |  |  | 22.6 |
Receivables, gross | 720.4 |  |  | 689.4 |
Less: Allowance for credit losses | (14.1) |  |  | (14.2) |
Receivables, net | $ | 706.3 |  |  | $ | 675.2 |
Allowance for Credit Losses Rollforward Table | The following table displays a rollforward of our total allowance for credit losses.
| June 29, 2024 |  | July 1, 2023
Total allowance for credit losses - January 1 | $ | 14.2 |  |  | $ | 12.2 |
Charges to income | 2.2 |  |  | 3.6 |
Write-offs | (2.2) |  |  | (0.4) |
Foreign currency and other | (0.1) |  |  | 0.7 |
Total allowance for credit losses - ending balance | $ | 14.1 |  |  | $ | 16.1 |

X
- Definition Allowance for Credit Losses Rollforward [Table Text Block] + References No definition available. + Details
Name: | itt_AllowanceforCreditLossesRollforwardTableTextBlock
Namespace Prefix: | itt_
Data Type: | dtr-types1:textBlockItemType
Balance Type: | na
Period Type: | duration

X
- References No definition available. + Details
Name: | us-gaap_ReceivablesAbstract
Namespace Prefix: | us-gaap_
Data Type: | xbrli:stringItemType
Balance Type: | na
Period Type: | duration

X
- Definition Tabular disclosure of the various types of trade accounts and notes receivable and for each the gross carrying value, allowance, and net carrying value as of the balance sheet date. Presentation is categorized by current, noncurrent and unclassified receivables. + References Reference 1: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(4)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 Reference 2: http://fasb.org/us-gaap/role/ref/legacyRef -Topic 210 -SubTopic 10 -Name Accounting Standards Codification -Section S99 -Paragraph 1 -Subparagraph (SX 210.5-02(3)) -Publisher FASB -URI https://asc.fasb.org/1943274/2147480566/210-10-S99-1 + Details
Name: | us-gaap_ScheduleOfAccountsNotesLoansAndFinancingReceivableTextBlock
Namespace Prefix: | us-gaap_
Data Type: | dtr-types:textBlockItemType
Balance Type: | na
Period Type: | duration