ITT Tops Fourth-Quarter 2010 Outlook and Reports Record-Breaking Full-Year Adjusted Earnings Per Share; Reaffirms 2011 EPS Guidance

 
ITT Corporation
Segment Operating Income & OI Margin
Full Year 2010 & 2009
 
($ Millions)
 
 
 
 
          FY 2010     FY 2009     %  
As Reported As Reported Change 10 vs. 09
 
Revenue:
Defense & Information Solutions 5,897 6,067 -2.8%
Fluid Technology 3,670 3,363 9.1%
Motion & Flow Control 1,441 1,253 15.0%
Intersegment eliminations (13) (9) 44.4%
Total Revenue 10,995 10,674 3.0%
 
Operating Margin:
Defense & Information Solutions 12.8% 12.5% 30 BP
Fluid Technology 13.1% 11.7% 140 BP
Motion & Flow Control 12.4% 9.4% 300 BP
Total Operating Segments 12.8% 11.9% 90 BP
 
 
Income:
Defense & Information Solutions 752 761 -1.2%
Fluid Technology 479 393 21.9%
Motion & Flow Control 179 118 51.7%
Total Segment Operating Income 1,410 1,272 10.8%

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