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ITT ITT Restructuring Reserve
Restructuring Reserve at other companies
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Where this comes from
Reported directly by ITT in its filing.
Tagged under the XBRL concept us-gaap:RestructuringReserve.
The source filing: ITT’s 10-Q, filed August 6, 2026.
- Filed
- Aug 6, 2026, 10:46 AM EDT
- Fiscal quarter
- Q2 FY2026
- Calendar quarter
- Q2 2026
- Accession
- 0000216228-26-000065
| For the Six Months Ended | July 4, 2026 | June 28, 2025 |
|---|---|---|
| Beginning balance - January 1 | $3.7 | $2.9 |
| Restructuring costs | 13.1 | 9.7 |
| Cash payments | (9.1) | (8.4) |
| Asset write-offs | — | (0.1) |
| Foreign exchange translation and other | 0.7 | 0.2 |
| Ending balance | $8.4 | $4.3 |
| By accrual type: | ||
| Severance and other employee-related | $8.4 | $4.3 |
ITEM 1. FINANCIAL STATEMENTS
FAQ
- What is ITT's restructuring reserve?
- ITT (ITT) reported restructuring reserve of $8.4M in Q2 2026.
- How has ITT's restructuring reserve changed year-over-year?
- ITT's restructuring reserve increased by 95.3% year-over-year, from $4.3M to $8.4M.
- What is the long-term trend for ITT's restructuring reserve?
- Over 5 years (2020 to 2025), ITT's restructuring reserve has grown at a -28.0% compound annual growth rate (CAGR), from $19.1M to $3.7M.
- What does restructuring reserve mean?
- This represents the estimated liability for costs associated with formal restructuring plans, such as severance, facility closures, or asset impairments. It reflects management's commitment to operational efficiency and strategic realignment. These reserves are drawn down as the restructuring activities are executed.
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