ITT INC
For the period ended Jun 29, 2024. Filed Aug 1, 2024.
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A company's report for each of its first three quarters. The financial statements are not audited. It shows how the business has moved since the last annual report, and what management says changed.
Jun 29, 2024 · Filed Aug 1, 2024
ITT$205.55+4.9%Stored close · as of Nov 6, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
See the whole filing, with its images and exhibitsContents
Consolidated Condensed Statements of Changes in Shareholders’ Equity
CONSOLIDATED CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (UNAUDITED)
| As of and for the Three Months Ended June 29, 2024 · Common Stock · Retained Earnings · Accumulated Other Comprehensive Loss · Noncontrolling Interest · Total Shareholders' Equity | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|
| (Shares) · (Dollars) | |||||||||||
| March 30, 2024 | 82.3 | $82.3 | $2,857.4 | $(365.0) | $11.5 | $2,586.2 | |||||
| Net income | — | — | 119.2 | — | 1.2 | 120.4 | |||||
| Shares issued and activity from stock incentive plans | — | — | 6.7 | — | — | 6.7 | |||||
| Shares repurchased under repurchase plan | (0.6) | (0.6) | (79.0) | — | — | (79.6) | |||||
| Shares withheld related to net share settlement of stock incentive plans | — | — | (0.3) | — | — | (0.3) | |||||
| Dividends declared ($0.319 per share) | — | — | (26.2) | — | — | (26.2) | |||||
| Dividends to noncontrolling interest | — | — | — | — | (0.1) | (0.1) | |||||
| Net change in postretirement benefit plans, net of tax | — | — | — | (0.7) | — | (0.7) | |||||
| Net foreign currency translation adjustment | — | — | — | (17.1) | — | (17.1) | |||||
| Other | — | — | (0.1) | — | — | (0.1) | |||||
| June 29, 2024 | 81.7 | $81.7 | $2,877.7 | $(382.8) | $12.6 | $2,589.2 | |||||
| December 31, 2023 | 82.1 | $82.1 | $2,778.0 | $(331.9) | $10.9 | $2,539.1 | |||||
| Net income | — | — | 230.2 | — | 2.2 | 232.4 | |||||
| Shares issued and activity from stock incentive plans | 0.3 | 0.3 | 13.7 | — | — | 14.0 | |||||
| Shares repurchased under repurchase plan | (0.6) | (0.6) | (79.0) | — | — | (79.6) | |||||
| Shares withheld related to net share settlement of stock incentive plans | (0.1) | (0.1) | (12.7) | — | — | (12.8) | |||||
| Dividends declared ($0.638 per share) | — | — | (52.5) | — | — | (52.5) | |||||
| Dividends to noncontrolling interest | — | — | — | — | (0.5) | (0.5) | |||||
| Net change in postretirement benefit plans, net of tax | — | — | — | (1.7) | — | (1.7) | |||||
| Net foreign currency translation adjustment | — | — | — | (49.2) | — | (49.2) | |||||
| June 29, 2024 | 81.7 | $81.7 | $2,877.7 | $(382.8) | $12.6 | $2,589.2 | |||||
| As of and for the Three Months Ended July 1, 2023 · Common Stock · Retained Earnings · Accumulated Other Comprehensive Loss · Noncontrolling Interest · Total Shareholders' Equity | ||||||
|---|---|---|---|---|---|---|
| April 1, 2023 | 82.4 | $82.4 | $2,554.7 | $(337.9) | $10.0 | $2,309.2 |
| Net income | — | — | 108.2 | — | 0.7 | 108.9 |
| Shares issued and activity from stock incentive plans | — | — | 5.4 | — | — | 5.4 |
| Share repurchases under repurchase plan | (0.3) | (0.3) | (30.2) | — | — | (30.5) |
| Shares withheld related to net share settlement of stock incentive plans | — | — | (0.1) | — | — | (0.1) |
| Dividends declared ($0.290 per share) | — | — | (24.0) | — | — | (24.0) |
| Dividends to noncontrolling interest | — | — | — | — | (0.1) | (0.1) |
| Net change in postretirement benefit plans, net of tax | — | — | — | (1.1) | — | (1.1) |
| Net foreign currency translation adjustment | — | — | — | (10.2) | — | (10.2) |
| Other | — | — | — | — | 0.1 | 0.1 |
| July 1, 2023 | 82.1 | $82.1 | $2,614.0 | $(349.2) | $10.7 | $2,357.6 |
| December 31, 2022 | 82.7 | $82.7 | $2,509.7 | $(344.3) | $9.3 | $2,257.4 |
| Net income | — | — | 208.2 | — | 1.4 | 209.6 |
| Shares issued and activity from stock incentive plans | 0.2 | 0.2 | 10.3 | — | — | 10.5 |
| Share repurchased under repurchase plan | (0.7) | (0.7) | (59.8) | — | — | (60.5) |
| Shares withheld related to net share settlement of stock incentive plans | (0.1) | (0.1) | (6.3) | — | — | (6.4) |
| Dividends declared ($0.580 per share) | — | — | (48.1) | — | — | (48.1) |
| Dividends to noncontrolling interest | — | — | — | — | (0.1) | (0.1) |
| Net change in postretirement benefit plans, net of tax | — | — | — | (0.7) | — | (0.7) |
| Net foreign currency translation adjustment | — | — | — | (4.2) | — | (4.2) |
| Other | — | — | — | — | 0.1 | 0.1 |
| July 1, 2023 | 82.1 | $82.1 | $2,614.0 | $(349.2) | $10.7 | $2,357.6 |
The accompanying Notes to the Consolidated Condensed Financial Statements are an integral part of the Statements of Changes in Shareholders’ Equity.
The text of this filing, as the company filed it with the SEC, without its images or exhibits. This is not investment advice.