Itt inc. (ITT)
Income statement / TTM
Mar'20Dec'19Sep'19Jun'19Mar'19Dec'18Sep'18Jun'18Mar'18Dec'17Sep'17Jun'17Mar'17Dec'16Sep'16Jun'16Mar'16Dec'15Sep'15Jun'15Mar'15Dec'14Sep'14Jun'14Mar'14Dec'13Sep'13Jun'13Mar'13Dec'12Sep'12Jun'12Mar'12Dec'11Sep'11Jun'11Mar'11Dec'10Sep'10Jun'10Mar'10Dec'09Sep'09Jun'09Mar'09Sep'08
Product revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

8,380

0

0

0

Service revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

2,414

0

0

0

Revenue

2,814

2,846

2,805

2,774

2,751

2,745

2,750

2,714

2,648

2,585

2,490

2,426

2,422

2,405

2,483

2,504

2,506

2,485

2,478

2,534

2,568

2,654

2,640

2,617

2,563

2,496

2,405

2,319

2,267

2,227

2,157

2,126

2,120

2,085

-4,468

-2,340

-154

1,890

1,814

1,811

1,791

1,770

10,795

0

0

0

Costs of product revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

5,679

0

0

0

Costs of service revenue

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

2,106

0

0

0

Costs of revenue

1,913

1,936

1,913

1,886

1,869

1,857

1,865

1,852

1,807

1,765

1,702

1,658

1,653

1,644

1,697

1,706

1,700

1,676

1,654

1,684

1,718

1,788

1,782

1,775

1,739

1,697

1,641

1,591

1,567

1,547

1,505

1,484

1,473

1,440

-3,304

-1,789

-208

1,286

1,182

1,187

1,179

1,207

0

0

0

-

Total Costs of Sales and Revenues

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

Gross profit

900

910

892

887

881

887

884

862

841

819

788

768

768

760

786

797

805

809

824

849

850

866

858

841

824

799

764

727

700

680

652

641

647

645

-1,163

-551

53

603

632

624

612

563

3,008

0

0

0

General and administrative expenses

262

254

250

248

245

259

254

256

257

258

258

247

257

260

273

274

267

258

270

279

282

300

308

311

308

299

283

271

246

234

204

172

179

166

0

0

0

-

-

-

-

-

-

-

-

-

Sales and marketing expenses

167

165

165

164

164

168

169

169

169

169

169

167

169

169

172

176

179

183

193

203

211

219

219

218

219

216

207

196

185

180

169

171

169

163

0

0

0

-

-

-

-

-

-

-

-

-

Selling, general and administrative expenses

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

0

0

-

1,568

0

0

0

Research and development expenses

97

97

96

97

97

98

100

99

95

93

89

85

83

80

82

82

79

78

75

77

77

76

74

70

68

67

63

62

63

62

62

63

63

63

-74

-30

12

59

68

66

63

53

228

0

0

0

Gain on sale of long-lived assets

-

-

0

-

-

-

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Asbestos-related (benefit) costs, net

-73

-20

-16

35

37

4

2

-55

-54

-19

-18

-23

-23

-25

-32

5

-94

-91

-85

-97

3

3

5

32

32

32

32

60

54

50

107

154

129

100

750

350

353

384

-799

-235

-223

-238

224

0

0

0

Asset impairment charges

0

-

-

-

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Transformation costs

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

396

0

0

0

-

0

0

0

-

-

-

-

-

Restructuring and asset impairment charges, net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

33

39

49

43

45

0

0

0

Operating Income (Loss)

430

411

397

383

377

397

398

394

372

319

290

292

282

276

289

258

373

380

370

386

276

266

250

207

194

183

176

136

152

151

-139

-187

-198

-244

-692

-713

-435

-180

-198

-77

-98

-121

942

0

0

0

Interest and non-operating expenses (income), net

-4

-3

11

10

8

6

14

9

10

9

11

16

17

18

-6

-1

-2

-2

9

4

4

4

-1

-3

-0

3

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

Interest expense

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

98

103

0

0

0

Interest income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

17

30

0

0

0

Miscellaneous expense (income), net

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

6

12

0

0

0

Income from continuing operations before income tax expense

432

414

396

380

373

391

393

383

363

309

265

272

263

258

287

260

374

382

370

381

271

262

247

208

193

180

171

134

148

149

-145

-220

-245

-315

-789

-803

-526

-272

-285

-162

-186

-208

856

0

0

0

Income tax expense

94

89

88

80

69

57

176

191

193

194

61

66

73

76

92

57

63

70

60

87

76

71

78

-313

-311

-309

-328

7

30

39

311

325

298

260

-243

-299

-230

-142

-105

-34

-32

-97

200

0

0

0

Income from continuing operations

337

324

308

300

303

333

216

192

170

114

204

206

190

182

194

203

311

312

309

294

195

190

168

521

504

490

500

127

118

109

-456

-546

-544

-576

-545

-503

-296

-130

-180

-128

-154

-111

655

0

0

0

Net income

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-247

-129

674

711

779

804

714

628

591

629

660

0

0

0

Income from discontinued operations, net of tax

2

1

1

1

1

1

-1

-1

-1

-1

1

3

4

4

2

34

35

39

39

5

0

-3

-3

-5

-1

0

10

25

24

15

20

146

296

447

1,219

1,214

1,075

934

894

756

745

740

4

0

0

0

Net Income (Loss), Including Portion Attributable to Noncontrolling Interest

339

326

309

301

304

334

215

191

169

113

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Less: Income attributable to noncontrolling interests

1

1

0

0

0

0

0

0

0

-0

0

0

0

0

0

-0

-0

-0

0

0

1

2

3

3

3

2

1

0

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Net income attributable to ITT Inc.

338

325

308

300

303

333

214

190

168

113

206

209

194

186

197

237

347

351

348

298

194

184

162

512

499

488

550

136

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Amounts attributable to ITT Inc.:
Income (Loss) from Continuing Operations, Net of Tax, Attributable to Parent

335

323

307

299

302

332

215

191

170

115

204

205

190

181

194

203

311

312

309

293

193

188

165

518

501

487

498

126

118

109

0

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

Income from discontinued operations, net of tax

2

1

1

1

1

1

-1

-1

-1

-1

1

3

4

4

2

34

35

39

39

5

0

-3

-3

-5

-1

0

10

25

24

15

20

146

296

447

1,219

1,214

1,075

934

894

756

745

740

4

0

0

0

Net income attributable to ITT Inc.

338

325

308

300

303

333

214

190

168

113

206

209

194

186

197

237

347

351

348

298

194

184

162

512

499

488

550

136

0

-

0

0

-

-

-

-

-

-

-

-

-

-

-

-

-

-

Earnings per share attributable to ITT Inc.:
Basic:
Net income attributable to ITT Corporation

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

-

0

-

674

711

779

804

714

628

591

629

660

0

0

0

Continuing operations

0.96

0.77

1.35

0.76

0.81

0.57

1.27

0.80

1.15

-0.75

0.99

0.54

0.52

0.27

0.99

0.36

0.42

0.41

1.08

1.57

0.42

0.37

0.88

0.45

0.36

0.09

4.79

0.27

0.21

0.25

0.65

0.17

0.11

-5.87

-0.32

0.20

-0.23

-3.50

0.07

1.23

0.78

-

0.35

1.09

1.02

1.12

Discontinued operations

0.01

-

-

-

0.00

-

-

-

-

-0.01

0.00

0.00

0.00

0.03

0.02

0.00

0.00

0.00

0.38

0.02

0.04

0.00

0.00

-0.03

-0.01

0.00

-0.03

0.02

0.02

0.10

0.14

0.01

-0.08

0.16

1.49

1.63

1.54

9.37

0.72

0.06

0.02

-

-0.03

0.01

-0.01

0.07

Net income

0.97

0.79

1.35

0.76

0.81

0.59

1.27

0.80

1.15

-0.76

0.99

0.54

0.52

0.30

1.01

0.36

0.42

0.41

1.46

1.59

0.46

0.37

0.88

0.42

0.35

0.09

4.76

0.29

0.23

0.35

0.79

0.18

0.03

-5.71

1.17

1.83

1.31

5.87

0.79

1.29

0.80

-

0.32

1.10

1.01

1.19

Diluted:
Continuing operations

0.95

0.76

1.34

0.75

0.80

0.57

1.25

0.79

1.14

-0.75

0.98

0.54

0.52

0.26

0.98

0.36

0.42

0.39

1.07

1.56

0.42

0.36

0.87

0.44

0.36

0.10

4.71

0.27

0.20

0.23

0.65

0.17

0.11

-5.87

-0.32

0.20

-0.23

-3.49

0.07

1.22

0.78

-

0.35

1.09

1.02

1.11

Discontinued operations

0.01

-

-

-

0.00

-

-

-

-

-0.01

0.00

0.00

0.00

0.04

0.02

0.00

-0.01

0.00

0.38

0.02

0.04

0.01

-0.01

-0.03

-0.01

0.00

-0.02

0.01

0.02

0.11

0.13

0.01

-0.08

0.17

1.49

1.62

1.54

9.39

0.71

0.06

0.01

-

-0.03

0.01

-0.01

0.06

Net income

0.96

0.78

1.34

0.75

0.80

0.58

1.25

0.79

1.14

-0.76

0.98

0.54

0.52

0.30

1.00

0.36

0.41

0.39

1.45

1.58

0.46

0.37

0.86

0.41

0.35

0.10

4.69

0.28

0.22

0.34

0.78

0.18

0.03

-5.70

1.17

1.82

1.31

5.90

0.78

1.28

0.79

4.46

0.32

1.10

1.01

1.17

Weighted average common shares – basic

87

87

87

87

87

87

87

87

88

88

88

88

88

-

89

89

-

89

89

89

90

91

91

91

91

91

90

90

92

92

92

92

94

93

92

92

92

-183

184

184

183

-

182

182

182

181

Weighted Average Number of Shares Outstanding, Diluted

88

88

88

88

88

88

88

88

89

89

88

89

89

89

89

90

90

90

90

90

91

92

92

93

92

92

91

91

93

93

93

93

95

92

92

93

92

-187

185

185

184

-

184

183

183

184

Cash dividends declared per common share

-

-

-

-

-

-

-

-

-

-

0.12

0.12

0.12

-

0.12

0.12

0.12

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.11

0.10

0.10

0.10

0.10

0.09

0.09

0.09

0.09

0.09

0.50

0.50

0.50

1.25

0.25

0.25

0.25

1.06

0.21

0.21

0.21

0.17