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

 

ITT CORPORATION AND SUBSIDIARIES

CONSOLIDATED CONDENSED BALANCE SHEETS

(In millions)

(Unaudited)

 
                    December 31,       December 31,
2010 2009
 
Assets
Current Assets:
Cash and cash equivalents $ 1,032 $ 1,216
Receivables, net 1,944 1,754
Inventories, net 856 802
Other current assets (a)   536   579
Total current assets 4,368 4,351
 
Plant, property and equipment, net 1,205 1,050
Deferred income taxes 563 583
Goodwill 4,277 3,788
Other intangible assets, net 766 501
Asbestos-related assets 943 604
Other non-current assets   312   252
Total assets $ 12,434 $ 11,129
 
Liabilities and Shareholders' Equity
Current Liabilities:
Accounts payable $ 1,472 $ 1,273
Accrued liabilities (b) 1,245 1,276
Short-term debt and current maturities of long-term debt   11   75
Total current liabilities 2,728 2,624
 
Postretirement benefits 1,733 1,788
Long-term debt 1,354 1,431
Asbestos-related liabilities 1,572 867
Other non-current liabilities   542   541
Total liabilities 7,929 7,251
 
Shareholders' equity   4,505   3,878
Total liabilities and shareholders' equity $ 12,434 $ 11,129
 
(a) Includes asbestos-related assets of $105 for 2010 and $62 for 2009.
(b) Includes asbestos-related liabilities of $117 for 2010 and $66 for 2009.

« Previous Page 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 | 13 | 14 | 15  Next Page »



Review Article Be the first to review this article
HP

Harris

Featured Video
Jobs
Imagery Analyst for ARA at Albuquerque, NM -1229, NM
Data Scientist for University of Utah at Salt Lake City, UT
Database Specialist for MDA Information Systems LLC at Gaithersburg, MD
Inside Sales for SolidCAM at Newtown, PA
Project Architect for LAMBERT Architecture and Interiors at Winston-Salem, NC
Upcoming Events
2017 GIS/CAMA Technologies Conference at Chattanooga Convention Center Chattanooga Tennessee - Mar 6 - 9, 2017
IGTF 2017 ASPRS Annual Meeting 2017 at Marriot Waterfront Baltimore Baltimore MD - Mar 11 - 17, 2017
MAPPS Federal Programs Conference at Sheraton Hall Silver Spring Maryland - Mar 13 - 15, 2017
WorldCover 2017 Conference at ESRIN Italy - Mar 14 - 16, 2017
Teledyne Optech
University of Denver GIS Masters Degree Online
Teledyne:
xponential2017
CADalog.com - Countless CAD add-ons, plug-ins and more.



Internet Business Systems © 2017 Internet Business Systems, Inc.
595 Millich Dr., Suite 216, Campbell, CA 95008
+1 (408)-337-6870 — Contact Us, or visit our other sites:
AECCafe - Architectural Design and Engineering EDACafe - Electronic Design Automation TechJobsCafe - Technical Jobs and Resumes  MCADCafe - Mechanical Design and Engineering ShareCG - Share Computer Graphic (CG) Animation, 3D Art and 3D Models
  Privacy Policy