ITT Reports Solid Second Quarter and Forecasts Strong Operational Performance for the Full Year

 
ITT Corporation
Debt Coverage Ratios 2010 & 2009
($ Millions)
             
June 30, 2010 December 30, 2009
 
Net Debt/Net Capitalization 13.4 % 7.0 %
Total Debt/Total Capitalization 26.8 % 28.0 %
 
 
Short Term Debt 106 75
Long Term Debt 1,363   1,431  
Total Debt 1,469 1,506
Cash & Cash equivalents 844   1,216  
Net Debt 625 290
 
 
Total Shareholders' Equity 4,022 3,878
Net Debt 625   290  
Net Capitalization 4,647 4,168

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