Slide 1: Selected Historical Quarterly Financial Data Fiscal Years 2011 & 2010
ITT Corporation Selected Historical Quarterly Financial Data Fiscal Years 2011 & 2010 May 4, 2012
Slide 2: Financial Data Presentation Overview
Financial Data Presentation Overview 2011 Pro Forma Adjustments GAAP As Reported Non-GAAP Adjustments Continuing Operations Continuing GAAP Excluding Non-GAAP Excluding Excludes: • Discontinued Operations Qualifying Transaction • Transformation Costs • Asbestos Remeasurement & Provision • Interest E
Slide 3: Key Performance Indicators and Non-GAAP Measures
Key Performance Indicators and Non-GAAP Measures Management reviews key performance metrics including revenue, segment operating income and margins, earnings per share, orders growth, and backlog, among others, in connection with the management of our business. Management believes that the following
Slide 4: Organic Revenue / Order Growth Full Year 2011 & 2010
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue / Order Growth Year 2011& Full 2010 (Unaudited) ($ Millions) (A) (B) (C) (D) (E) = B+C+D (F) = E / A Change % Change Acquisition / Divestitures FX Contribution Change % Change 12M 2011 12M 2010 2011 vs. 2010 2011 vs. 2010 12M 2011
Slide 5: Organic Revenue Growth Fourth Quarter 2011 & 2010
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue Growth Q & Fourth Quarter 2011 & 2010 ($ Millions) (Unaudited) (A) (B) (C) (D) (E) = B+C+D (F) = E / A Change % Change Acquisition / Divestitures FX Contribution Change % Change 3M 2011 3M 2010 2011 vs. 2010 2011 vs. 2010 3M 2011 3
Slide 6: Organic Revenue Growth Third Quarter 2011 & 2010
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue Growth Third Quarter 2011 & 2010 (Unaudited) ($ Millions) (A) (B) (C) (D) (E) = B+C+D (F) = E / A Acquisition / FX (As Reported - GAAP) (As Adjusted - Organic) Change % Change Divestitures Contribution Change % Change 3M 2011 3M 20
Slide 7: Organic Revenue Growth Second Quarter 2011 & 2010
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue Growth Second Quarter 2011 & 2010 (Unaudited) ($ Millions) (A) (B) (C) (D) (E) = B+C+D (F) = E / A Acquisition / FX (As Reported - GAAP) (As Adjusted - Organic) Change % Change Divestitures Contribution Change % Change 3M 2011 3M 2
Slide 8: Organic Revenue Growth First Quarter 2011 & 2010
ITT Corporation Non-GAAP Reconciliation Reported vs. Organic Revenue Growth First Quarter 2011 & 2010 (Unaudited) ($ Millions) (A) (B) (C) (D) (E) = B+C+D (F) = E / A Change % Acquisition / Divestitures FX Contribution Change % (As Reported - GAAP) (As Adjusted - Organic) Change Change 3M 2011 3M 20
Slide 9: Reported vs Adjusted Segment Operating Income & OI Margin Full Year 2011 & 2010
ITT Corporation Reported vs Adjusted Segment Operating Income & OI Margin Full Year 2011 & 2010 FY 2011 FY 2011 FY 2011 FY 2011 FY 2010 FY 2010 FY 2010 % Change % Change (Unaudited) ($ Millions) As Reported Spin Costs Restructuring As Adjusted As Reported Restructuring As Adjusted As Reported 11 vs.
Slide 10: Reported vs Adjusted Segment Operating Income & OI Margin Fourth Quarter
ITT Corporation Reported vs Adjusted Segment Operating Income & OI Margin Fourth Quarter of 2011 & 2010 ($ Millions) (Unaudited) 3M 2011 3M 2011 3M 2011 3M 2011 3M 2010 3M 2010 3M 2010 % Change % Change As Reported Spin Costs Restructuring As Adjusted As Reported Restructuring As Adjusted As Reporte
Slide 11: Reported vs Adjusted Segment Operating Income & OI Margin Third Quarter
ITT Corporation Reported vs Adjusted Segment Operating Income & OI Margin Quarter of 2011 & 2010 Third 3M 2011 3M 2011 3M 2011 3M 2011 3M 2010 3M 2010 3M 2010 3M 2010 % Change % Change ($ Millions) As Reported Spin Costs Restructuring As Adjusted As Reported Spin Costs Restructuring As Adjusted As R
Slide 12: Reported vs Adjusted Segment Operating Income & OI Margin Second Quarter
ITT Corporation Reported vs Adjusted Segment Operating Income & OI Margin Second Quarter of 2011 & 20110 3M 2011 3M 2011 3M 2011 3M 2011 3M 2010 3M 2010 3M 2010 3M 2010 % Change % Change ($ Millions) As Reported Spin Costs Restructuring As Adjusted As Reported Spin Costs Restructuring As Adjusted As
Slide 13: Reported vs Adjusted Segment Operating Income & OI Margin First Quarter
ITT Corporation Reported vs Adjusted Segment Operating Income & OI Margin First Quarter of 2011 & 2010 3M 2011 3M 2011 3M 2011 3M 2011 3M 2010 3M 2010 3M 2010 3M 2010 % Change % Change As Reported Spin Costs Restructuring As Adjusted As Reported Spin Costs Restructuring As Adjusted As Reported 11 vs
Slide 14: Adjusted Income from Continuing Operations & Adjusted EPS Full Year 2011 & 2010
ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Full Year 2011 & 2010 ($ Millions, except EPS and shares) (Unaudited) Change Percent Change FY 2011 Non-GAAP Pro Forma FY 2011 FY 2010 Non-GAAP Pro Forma FY 2010 2011 vs. 2010 2011 vs. 2010
Slide 15: Adjusted Income from Continuing Operations & Adjusted EPS Fourth Quarter
ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Fourth Quarter of 2011 & 2010 ($ Millions, except EPS and shares) (Unaudited) Change Percent Change Q4 2011 Non-GAAP Pro Forma Q4 2011 Q4 2010 Non-GAAP Pro Forma Q4 2010 2011 vs. 2010 2011
Slide 16: Adjusted Income from Continuing Operations & Adjusted EPS Third Quarter
ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Third Quarter of 2011 & 2010 (Unaudited) Change Percent Change Q3 2011 Non-GAAP Pro Forma Q3 2011 Q3 2010 Non-GAAP Pro Forma Q3 2010 2011 vs. 2010 2011 vs. 2010 As Reported Adjustments Adju
Slide 17: Adjusted Income from Continuing Operations & Adjusted EPS Second Quarter
($ Millions except ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS Second Quarter of 2011 & 2010 (Unaudited) Change Percent Change Q2 2011 Non-GAAP Pro Forma Q2 2011 Q2 2010 Non-GAAP Pro Forma Q2 2010 2011 vs. 2010 2011 vs. 2010 As Repor
Slide 18: Adjusted Income from Continuing Operations & Adjusted EPS First Quarter
Millions except shares) ITT Corporation Non-GAAP Reconciliation Reported vs. Adjusted Income from Continuing Operations & Adjusted EPS First Quarter of 2011 & 2010 (Unaudited) Change Percent Change Q1 2011 Non-GAAP Pro Forma Q1 2011 Q1 2010 Non-GAAP Pro Forma Q1 2010 2011 vs. 2010 2011 vs. 2010 As R