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ITT (STU:2II) PensionAndRetirementBenefit : €160 Mil (As of Mar. 2024)


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What is ITT PensionAndRetirementBenefit?

ITT's PensionAndRetirementBenefit for the quarter that ended in Mar. 2024 was €160 Mil.

ITT's quarterly PensionAndRetirementBenefit increased from Sep. 2023 (€149 Mil) to Dec. 2023 (€162 Mil) but then declined from Dec. 2023 (€162 Mil) to Mar. 2024 (€160 Mil).

ITT's annual PensionAndRetirementBenefit declined from Dec. 2021 (€203 Mil) to Dec. 2022 (€153 Mil) but then increased from Dec. 2022 (€153 Mil) to Dec. 2023 (€162 Mil).


ITT PensionAndRetirementBenefit Historical Data

The historical data trend for ITT's PensionAndRetirementBenefit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ITT PensionAndRetirementBenefit Chart

ITT Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PensionAndRetirementBenefit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 221.67 211.17 202.75 153.12 162.03

ITT Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PensionAndRetirementBenefit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 151.96 151.65 148.98 162.03 160.17

ITT PensionAndRetirementBenefit Calculation

PensionAndRetirementBenefit is the carrying amount as of the balance sheet date of the portion of the obligations recognized for the various benefits provided to former or inactive employees, their beneficiaries, and covered dependents after employment but before retirement.


ITT (STU:2II) Business Description

Industry
Traded in Other Exchanges
Address
100 Washington Boulevard, 6th Floor, Stamford, CT, USA, 06902
ITT is a diversified industrial conglomerate with over $3 billion in sales. After the spinoffs of Xylem and Exelis in 2011, the company's products primarily include brake pads, shock absorbers, pumps, valves, connectors, and switches. Its customers include original-equipment and Tier 1 manufacturers as well as aftermarket customers. ITT uses a network of approximately 700 independent distributors, which accounts for about one third of overall revenue. Nearly three fourths of the company's sales are made in North America and Europe. ITT's primary end markets include automotive, rail, oil and gas, aerospace and defense, chemical, mining, and general industrial.

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