10-Q Filing

PENTAIR PLC CIK: 77360 Q2 2014

Filing Information

Form Type	10-Q
Accession Number	`0000077360-14-000030`
Period End Date	20140630
Filing Date	20140731
Fiscal Year	2014
Fiscal Period	Q2
XBRL Instance	pnr-20140628.xml

Filing Contents

This filing contains the following financial statements:

Balance Sheet 74 Income Statement 4 Cash Flow Statement 91 Stockholders Equity 36 Comprehensive Income 103

Balance Sheet 74 line items

Line Item	Tag	Value	Unit	Period
Accounts and notes receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$115.10M	USD	Point-in-time
Accounts and notes receivable, allowances	`AllowanceForDoubtfulAccountsReceivableCurrent`	$101.30M	USD	Point-in-time
Common shares, par value	`CommonStockParOrStatedValuePerShare`	$0.01	USD	Point-in-time
Common shares, par value	`CommonStockParOrStatedValuePerShare`	0.50	CHF	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$265.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$174.40M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$253.10M	USD	Point-in-time
Cash and cash equivalents	`CashAndCashEquivalentsAtCarryingValue`	$261.30M	USD	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	426.00M	shares	Point-in-time
Common shares, authorized	`CommonStockSharesAuthorized`	213.00M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	213.00M	shares	Point-in-time
Common shares, issued	`CommonStockSharesIssued`	213.00M	shares	Point-in-time
Accounts and notes receivable, net of allowances of $101.3 and $115.1, respectively	`AccountsAndNotesReceivableNet`	$1.30B	USD	Point-in-time
Accounts and notes receivable, net of allowances of $101.3 and $115.1, respectively	`AccountsAndNotesReceivableNet`	$1.33B	USD	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	15.60M	shares	Point-in-time
Treasury stock, shares	`TreasuryStockShares`	20.40M	shares	Point-in-time
Inventories	`InventoryNet`	$1.24B	USD	Point-in-time
Inventories	`InventoryNet`	$1.26B	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$389.40M	USD	Point-in-time
Other current assets	`OtherAssetsCurrent`	$425.00M	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.17B	USD	Point-in-time
Total current assets	`AssetsCurrent`	$3.23B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.17B	USD	Point-in-time
Property, plant and equipment, net	`PropertyPlantAndEquipmentNet`	$1.15B	USD	Point-in-time
Goodwill	`Goodwill`	$5.13B	USD	Point-in-time
Goodwill	`Goodwill`	$5.10B	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.72B	USD	Point-in-time
Intangibles, net	`IntangibleAssetsNetExcludingGoodwill`	$1.78B	USD	Point-in-time
Other non-current assets	`OtherAssetsMiscellaneousNoncurrent`	$483.90M	USD	Point-in-time
Other non-current assets	`OtherAssetsMiscellaneousNoncurrent`	$430.90M	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$7.30B	USD	Point-in-time
Total other assets	`OtherAssetsNoncurrent`	$7.34B	USD	Point-in-time
Total assets	`Assets`	$11.62B	USD	Point-in-time
Total assets	`Assets`	$11.74B	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$6.10M	USD	Point-in-time
Current maturities of long-term debt and short-term borrowings	`DebtCurrent`	$2.50M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$587.00M	USD	Point-in-time
Accounts payable	`AccountsPayableCurrent`	$596.60M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$347.10M	USD	Point-in-time
Employee compensation and benefits	`EmployeeRelatedLiabilitiesCurrent`	$298.50M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$664.00M	USD	Point-in-time
Other current liabilities	`OtherAccruedLiabilitiesCurrent`	$885.50M	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.78B	USD	Point-in-time
Total current liabilities	`LiabilitiesCurrent`	$1.61B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.74B	USD	Point-in-time
Long-term debt	`LongTermDebtNoncurrent`	$2.55B	USD	Point-in-time
Pension and other post-retirement compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$324.80M	USD	Point-in-time
Pension and other post-retirement compensation and benefits	`PensionAndOtherPostretirementDefinedBenefitPlansLiabilitiesNoncurrent`	$291.40M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$580.60M	USD	Point-in-time
Deferred tax liabilities	`DeferredTaxLiabilitiesNoncurrent`	$608.60M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$457.40M	USD	Point-in-time
Other non-current liabilities	`OtherLiabilitiesNoncurrent`	$481.90M	USD	Point-in-time
Total liabilities	`Liabilities`	$5.90B	USD	Point-in-time
Total liabilities	`Liabilities`	$5.53B	USD	Point-in-time
Ordinary shares $0.01 and CHF 0.50 par value, 426.0 and 213.0 authorized, 213.0 issued at June 28, 2014 and December 31, 2013, respectively	`CommonStockValueOutstanding`	$113.50M	USD	Point-in-time
Ordinary shares $0.01 and CHF 0.50 par value, 426.0 and 213.0 authorized, 213.0 issued at June 28, 2014 and December 31, 2013, respectively	`CommonStockValueOutstanding`	$2.10M	USD	Point-in-time
Ordinary shares held in treasury, 20.4 and 15.6 shares at June 28, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$875.10M	USD	Point-in-time
Ordinary shares held in treasury, 20.4 and 15.6 shares at June 28, 2014 and December 31, 2013, respectively	`TreasuryStockValue`	$1.28B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$5.07B	USD	Point-in-time
Additional paid-in capital	`AdditionalPaidInCapital`	$4.94B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$2.11B	USD	Point-in-time
Retained earnings	`RetainedEarningsAccumulatedDeficit`	$1.83B	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-43.60M	USD	Point-in-time
Accumulated other comprehensive income (loss)	`AccumulatedOtherComprehensiveIncomeLossNetOfTax`	$-54.70M	USD	Point-in-time
Shareholders equity attributable to Pentair plc	`StockholdersEquity`	$5.72B	USD	Point-in-time
Shareholders equity attributable to Pentair plc	`StockholdersEquity`	$6.10B	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	$122.40M	USD	Point-in-time
Noncontrolling interest	`MinorityInterest`	-	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.95B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.22B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.49B	USD	Point-in-time
Total equity	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.72B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.62B	USD	Point-in-time
Total liabilities and equity	`LiabilitiesAndStockholdersEquity`	$11.74B	USD	Point-in-time

Income Statement 4 line items

Line Item	Tag	Value	Unit	Period
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$100.00K	USD	2 Qtrs
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$100.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	-	USD	1 Quarter
Other Comprehensive Income (Loss), Derivatives Qualifying as Hedges, Tax	`OtherComprehensiveIncomeLossDerivativesQualifyingAsHedgesTax`	$100.00K	USD	2 Qtrs

Cash Flow Statement 91 line items

Line Item	Tag	Value	Unit	Period
Net income before noncontrolling interest	`ProfitLoss`	$161.50M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$155.40M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$280.10M	USD	2 Qtrs
Net income before noncontrolling interest	`ProfitLoss`	$208.70M	USD	2 Qtrs
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	2 Qtrs
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$400.00K	USD	1 Quarter
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$800.00K	USD	2 Qtrs
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$900.00K	USD	1 Quarter
Depreciation	`Depreciation`	$73.70M	USD	2 Qtrs
Depreciation	`Depreciation`	$73.60M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$80.70M	USD	2 Qtrs
Amortization	`AdjustmentForAmortization`	$58.70M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$10.90M	USD	2 Qtrs
Deferred income taxes	`DeferredIncomeTaxesAndTaxCredits`	$17.30M	USD	2 Qtrs
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$16.70M	USD	2 Qtrs
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$-8.20M	USD	2 Qtrs
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$-200.00K	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$100.00K	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$-8.00M	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$16.70M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$16.50M	USD	2 Qtrs
Share-based compensation	`ShareBasedCompensation`	$9.10M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$7.60M	USD	1 Quarter
Share-based compensation	`ShareBasedCompensation`	$18.10M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$7.80M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationOperatingActivities`	$6.20M	USD	2 Qtrs
Loss on sale of assets	`GainLossOnSaleOfOtherAssets`	$-300.00K	USD	2 Qtrs
Loss on sale of assets	`GainLossOnSaleOfOtherAssets`	$-1.20M	USD	2 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$-34.60M	USD	2 Qtrs
Accounts and notes receivable	`IncreaseDecreaseInAccountsReceivable`	$55.00M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$20.30M	USD	2 Qtrs
Inventories	`IncreaseDecreaseInInventories`	$-22.40M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$44.30M	USD	2 Qtrs
Other current assets	`IncreaseDecreaseInOtherCurrentAssets`	$1.30M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$-6.90M	USD	2 Qtrs
Accounts payable	`IncreaseDecreaseInAccountsPayable`	$35.10M	USD	2 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$-49.60M	USD	2 Qtrs
Employee compensation and benefits	`IncreaseDecreaseInOtherEmployeeRelatedLiabilities`	$6.60M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$2.80M	USD	2 Qtrs
Other current liabilities	`IncreaseDecreaseInOtherCurrentLiabilities`	$91.20M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$29.40M	USD	2 Qtrs
Other non-current assets and liabilities	`IncreaseDecreaseInOtherNoncurrentAssetsAndLiabilitiesNet`	$200.00K	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$386.10M	USD	2 Qtrs
Net cash provided by (used for) operating activities	`NetCashProvidedByUsedInOperatingActivities`	$415.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$88.00M	USD	2 Qtrs
Capital expenditures	`PaymentsToAcquirePropertyPlantAndEquipment`	$59.60M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$3.60M	USD	2 Qtrs
Proceeds from sale of property and equipment	`ProceedsFromSaleOfPropertyPlantAndEquipment`	$2.70M	USD	2 Qtrs
Proceeds from sale of businesses, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	$30.00M	USD	2 Qtrs
Proceeds from sale of businesses, net	`ProceedsFromDivestitureOfBusinessesNetOfCashDivested`	-	USD	2 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	$84.40M	USD	2 Qtrs
Payments to Acquire Businesses, Net of Cash Acquired	`PaymentsToAcquireBusinessesNetOfCashAcquired`	-	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$-300.00K	USD	2 Qtrs
Other	`PaymentsForProceedsFromOtherInvestingActivities`	$600.00K	USD	2 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-56.60M	USD	2 Qtrs
Net cash provided by (used for) investing activities	`NetCashProvidedByUsedInInvestingActivities`	$-139.40M	USD	2 Qtrs
Net receipts of short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	-	USD	2 Qtrs
Net receipts of short-term borrowings	`ProceedsFromRepaymentsOfShortTermDebt`	$3.90M	USD	2 Qtrs
Net receipts of commercial paper and revolving long-term debt	`ProceedsFromRepaymentsOfLinesOfCredit`	$198.80M	USD	2 Qtrs
Net receipts of commercial paper and revolving long-term debt	`ProceedsFromRepaymentsOfLinesOfCredit`	$289.60M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$5.80M	USD	2 Qtrs
Repayments of long-term debt	`RepaymentsOfLongTermDebt`	$12.90M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	$1.40M	USD	2 Qtrs
Debt issuance costs	`PaymentsOfDebtIssuanceCosts`	-	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$6.20M	USD	2 Qtrs
Excess tax benefits from share-based compensation	`ExcessTaxBenefitFromShareBasedCompensationFinancingActivities`	$7.80M	USD	2 Qtrs
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$40.10M	USD	2 Qtrs
Proceeds from Issuance of Shares under Incentive and Share-based Compensation Plans, Including Stock Options	`ProceedsFromIssuanceOfSharesUnderIncentiveAndShareBasedCompensationPlansIncludingStockOptions`	$31.50M	USD	2 Qtrs
Repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$483.60M	USD	2 Qtrs
Repurchases of ordinary shares	`PaymentsForRepurchaseOfCommonStock`	$450.70M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$99.10M	USD	2 Qtrs
Dividends paid	`PaymentsOfDividendsCommonStock`	$94.00M	USD	2 Qtrs
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`PaymentsForRepurchaseOfRedeemableNoncontrollingInterest`	$134.70M	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	$2.00M	USD	2 Qtrs
Distribution to noncontrolling interest	`PaymentsToMinorityShareholders`	-	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-455.40M	USD	2 Qtrs
Net cash provided by (used for) financing activities	`NetCashProvidedByUsedInFinancingActivities`	$-250.90M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$6.30M	USD	2 Qtrs
Effect of exchange rate changes on cash and cash equivalents	`EffectOfExchangeRateOnCashAndCashEquivalents`	$-4.00M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.20M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-90.70M	USD	2 Qtrs
Change in cash and cash equivalents	`CashAndCashEquivalentsPeriodIncreaseDecrease`	$-8.20M	USD	1 Quarter
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$265.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$174.40M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$253.10M	USD	Point-in-time
Cash and cash equivalents, beginning of period	`CashAndCashEquivalentsAtCarryingValue`	$261.30M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$265.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$174.40M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$253.10M	USD	Point-in-time
Cash and cash equivalents, end of period	`CashAndCashEquivalentsAtCarryingValue`	$261.30M	USD	Point-in-time

Stockholders Equity 36 line items

Line Item	Tag	Value	Unit	Period
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.95B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.22B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.49B	USD	Point-in-time
Beginning Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.72B	USD	Point-in-time
Net income	`ProfitLoss`	$161.50M	USD	1 Quarter
Net income	`ProfitLoss`	$155.40M	USD	1 Quarter
Net income	`ProfitLoss`	$280.10M	USD	2 Qtrs
Net income	`ProfitLoss`	$208.70M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-118.20M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.40M	USD	1 Quarter
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.50M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-41.30M	USD	1 Quarter
Changes in market value of derivative financial instruments, net of $0.5 and $2.6 tax for the nine months ended September 28, 2013 and September 29, 2012, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$400.00K	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of $0.5 and $2.6 tax for the nine months ended September 28, 2013 and September 29, 2012, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Changes in market value of derivative financial instruments, net of $0.5 and $2.6 tax for the nine months ended September 28, 2013 and September 29, 2012, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$300.00K	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of $0.5 and $2.6 tax for the nine months ended September 28, 2013 and September 29, 2012, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-11.10M	USD	2 Qtrs
Other Comprehensive Income (Loss), Net of Tax	`OtherComprehensiveIncomeLossNetOfTax`	$-117.90M	USD	2 Qtrs
Tax benefits of share-based compensation	`AdjustmentsToAdditionalPaidInCapitalTaxEffectFromShareBasedCompensation`	$6.20M	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$199.20M	USD	2 Qtrs
Dividends declared	`DividendsCommonStock`	$230.50M	USD	2 Qtrs
Noncontrolling Interest, Decrease from Redemptions or Purchase of Interests	`MinorityInterestDecreaseFromRedemptions`	$134.70M	USD	2 Qtrs
Distribution to noncontrolling interest	`MinorityInterestDecreaseFromDistributionsToNoncontrollingInterestHolders`	$2.00M	USD	2 Qtrs
Share repurchase	`TreasuryStockValueAcquiredCostMethod`	$450.70M	USD	2 Qtrs
Share repurchase	`TreasuryStockValueAcquiredCostMethod`	$490.30M	USD	2 Qtrs
Exercise of options, net of shares tendered for payment	`StockIssuedDuringPeriodValueStockOptionsExercised`	$34.90M	USD	2 Qtrs
Exercise of options, net of shares tendered for payment	`StockIssuedDuringPeriodValueStockOptionsExercised`	$50.70M	USD	2 Qtrs
Issuance of restricted shares, net of cancellations	`StockIssuedDuringPeriodValueRestrictedStockAwardNetOfForfeitures`	-	USD	2 Qtrs
Shares surrendered by employees to pay taxes	`SharesSurrenderedByEmployees`	$3.40M	USD	2 Qtrs
Shares surrendered by employees to pay taxes	`SharesSurrenderedByEmployees`	$10.60M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$18.10M	USD	2 Qtrs
Share-based compensation	`AdjustmentsToAdditionalPaidInCapitalSharebasedCompensationRequisiteServicePeriodRecognitionValue`	$16.50M	USD	2 Qtrs
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.95B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.22B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$6.49B	USD	Point-in-time
Ending Balance	`StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest`	$5.72B	USD	Point-in-time

Comprehensive Income 103 line items

Line Item	Tag	Value	Unit	Period
Net sales	`SalesRevenueNet`	$3.64B	USD	2 Qtrs
Net sales	`SalesRevenueNet`	$1.96B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$1.91B	USD	1 Quarter
Net sales	`SalesRevenueNet`	$3.74B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$2.55B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$1.30B	USD	1 Quarter
Cost of goods sold	`CostOfGoodsSold`	$2.40B	USD	2 Qtrs
Cost of goods sold	`CostOfGoodsSold`	$1.25B	USD	1 Quarter
Gross profit	`GrossProfit`	$667.40M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.24B	USD	2 Qtrs
Gross profit	`GrossProfit`	$658.90M	USD	1 Quarter
Gross profit	`GrossProfit`	$1.19B	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$409.40M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$400.30M	USD	1 Quarter
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$825.40M	USD	2 Qtrs
Selling, general and administrative	`SellingGeneralAndAdministrativeExpense`	$768.70M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$60.90M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$65.60M	USD	2 Qtrs
Research and development	`ResearchAndDevelopmentExpense`	$32.10M	USD	1 Quarter
Research and development	`ResearchAndDevelopmentExpense`	$30.90M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$300.20M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$407.60M	USD	2 Qtrs
Operating income	`OperatingIncomeLoss`	$227.70M	USD	1 Quarter
Operating income	`OperatingIncomeLoss`	$225.90M	USD	1 Quarter
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$1.10M	USD	2 Qtrs
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$400.00K	USD	1 Quarter
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$800.00K	USD	2 Qtrs
Equity income of unconsolidated subsidiaries	`IncomeLossFromEquityMethodInvestments`	$900.00K	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$16.70M	USD	2 Qtrs
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	-	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$-8.20M	USD	2 Qtrs
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$-200.00K	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$100.00K	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$-8.00M	USD	1 Quarter
Loss (gain) on sale of businesses	`GainLossOnSaleOfBusiness`	$16.70M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-35.40M	USD	2 Qtrs
Net interest expense	`InterestIncomeExpenseNet`	$-17.50M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-18.40M	USD	1 Quarter
Net interest expense	`InterestIncomeExpenseNet`	$-33.20M	USD	2 Qtrs
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$208.40M	USD	1 Quarter
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$282.60M	USD	2 Qtrs
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$367.00M	USD	2 Qtrs
Income before income taxes and noncontrolling interest	`IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest`	$210.40M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$86.90M	USD	2 Qtrs
Provision for income taxes	`IncomeTaxExpenseBenefit`	$48.90M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$53.00M	USD	1 Quarter
Provision for income taxes	`IncomeTaxExpenseBenefit`	$73.90M	USD	2 Qtrs
Net income before noncontrolling interest	`ProfitLoss`	$161.50M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$155.40M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$280.10M	USD	2 Qtrs
Net income before noncontrolling interest	`ProfitLoss`	$208.70M	USD	2 Qtrs
Noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$1.30M	USD	1 Quarter
Noncontrolling interest	`NetIncomeLossAttributableToNoncontrollingInterest`	$2.90M	USD	2 Qtrs
Net income attributable to Pentair plc	`NetIncomeLoss`	$161.50M	USD	1 Quarter
Net income attributable to Pentair plc	`NetIncomeLoss`	$280.10M	USD	2 Qtrs
Net income attributable to Pentair plc	`NetIncomeLoss`	$205.80M	USD	2 Qtrs
Net income attributable to Pentair plc	`NetIncomeLoss`	$154.10M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$161.50M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$155.40M	USD	1 Quarter
Net income before noncontrolling interest	`ProfitLoss`	$280.10M	USD	2 Qtrs
Net income before noncontrolling interest	`ProfitLoss`	$208.70M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-118.20M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$16.40M	USD	1 Quarter
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-11.50M	USD	2 Qtrs
Changes in cumulative translation adjustment	`OtherComprehensiveIncomeLossForeignCurrencyTransactionAndTranslationAdjustmentNetOfTax`	$-41.30M	USD	1 Quarter
Changes in market value of derivative financial instruments, net of $0, $0.1, $0.1 and $0.1 tax, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$400.00K	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of $0, $0.1, $0.1 and $0.1 tax, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$200.00K	USD	1 Quarter
Changes in market value of derivative financial instruments, net of $0, $0.1, $0.1 and $0.1 tax, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$300.00K	USD	2 Qtrs
Changes in market value of derivative financial instruments, net of $0, $0.1, $0.1 and $0.1 tax, respectively	`OtherComprehensiveIncomeDerivativesQualifyingAsHedgesNetOfTaxPortionAttributableToParent`	$-400.00K	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$178.10M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$113.70M	USD	1 Quarter
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$269.00M	USD	2 Qtrs
Total comprehensive income	`ComprehensiveIncomeNetOfTaxIncludingPortionAttributableToNoncontrollingInterest`	$90.80M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$1.70M	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	$2.40M	USD	2 Qtrs
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	1 Quarter
Less: Comprehensive income attributable to noncontrolling interest	`ComprehensiveIncomeNetOfTaxAttributableToNoncontrollingInterest`	-	USD	2 Qtrs
Comprehensive income attributable to Pentair plc	`ComprehensiveIncomeNetOfTax`	$88.40M	USD	2 Qtrs
Comprehensive income attributable to Pentair plc	`ComprehensiveIncomeNetOfTax`	$269.00M	USD	2 Qtrs
Comprehensive income attributable to Pentair plc	`ComprehensiveIncomeNetOfTax`	$178.10M	USD	1 Quarter
Comprehensive income attributable to Pentair plc	`ComprehensiveIncomeNetOfTax`	$112.00M	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$0.76	USD	1 Quarter
Basic (USD per share)	`EarningsPerShareBasic`	$1.01	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$1.44	USD	2 Qtrs
Basic (USD per share)	`EarningsPerShareBasic`	$0.84	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.75	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.82	USD	1 Quarter
Diluted (USD per share)	`EarningsPerShareDiluted`	$1.41	USD	2 Qtrs
Diluted (USD per share)	`EarningsPerShareDiluted`	$0.99	USD	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	193.10M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	202.10M	shares	1 Quarter
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	194.70M	shares	2 Qtrs
Basic (shares)	`WeightedAverageNumberOfSharesOutstandingBasic`	203.50M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	205.50M	shares	1 Quarter
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	206.90M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	198.00M	shares	2 Qtrs
Diluted (shares)	`WeightedAverageNumberOfDilutedSharesOutstanding`	196.40M	shares	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.23	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.50	USD	2 Qtrs
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.25	USD	1 Quarter
Common Stock, Dividends, Per Share, Cash Paid	`CommonStockDividendsPerShareCashPaid`	$0.46	USD	2 Qtrs

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.